Author: Elan
PiggyVest paid out ₦1.3 trillion to its users in 2025, a 56% increase from the ₦835 billion it paid out in 2024. The milestone comes as the Nigerian fintech crossed 6 million users ahead of its 10th year in operation, underscoring its continued relevance in the country’s increasingly competitive fintech landscape. In an email to users, PiggyVest disclosed that its assets under management grew by 110% in 2025, although it did not provide an absolute figure. The company also made a notable infrastructure shift during the year, launching its own in-house payment system powered by PocketApp and retiring the virtual…
CES 2026 has not officially opened yet, but the pattern is already clear. As usual, the real show starts early, with companies teasing products and half-announcements well before the doors open in Las Vegas. This year feels busier than the last few editions, with more hardware, bigger booths, and less restraint around buzzwords. Artificial intelligence is going to be everywhere. Not as a category, but as a label glued onto almost every product. Laptops, TVs, appliances, wearables, cars-if it has a chip, it will claim some form of AI advantage. Much of it will be backend automation rather than visible…
By PwCMore than three-fifths (61%) of investors say technology will be the sector attracting the most investment over the next three years, well ahead of every other sector, according to the recently published PwC’s 2025 Global Investor Survey.The survey of 1,074 investment professionals across 26 countries and territories found that technology was expected to be two to three times as likely to attract the most investment than the next three sectors. Asset and wealth management came in next at 25%, followed by power and utilities (24%) and banking and capital markets (19%).With technology racing ahead, investors also want to see…
Leonard and Emily Mcharo Kenyan entrepreneurs Leonard and Emily Mcharo spent years living far below their means. There were no holidays, no weekend road trips, and no bikes for their children. While their peers were upgrading their lifestyles, the Mcharos’ home remained devoid of luxuries. Their frugal lifestyle wasn’t born of necessity, but of intent. The couple had set themselves a clear goal: to achieve financial independence – a point where their basic living expenses could be covered entirely by passive income. Their target figure was 500,000 Kenyan shillings (around US$3,850 back in 2004) per month. That discipline, Leonard says,…
Unlocking dormant capital to serve SMEs – African Business Unlocking dormant capital to serve SMEs – African Business
Key takeaways:Bitcoin rose above $90,000, yet options data show traders are not comfortable with downside risk exposure.Bitcoin spot ETF outflows and low leverage demand suggest investors remain cautious about near-term gains.Economic uncertainty caps Bitcoin price reboundBitcoin (BTC) jumped above $90,000 on Saturday, prompting traders to question whether there is enough momentum to reclaim the $95,000 level for the first time in seven weeks. Even as the S&P 500 traded just 1.3% below its all-time high, investors grew concerned about worsening economic conditions, especially after electric-vehicle automaker Tesla (TSLA US) reported disappointing sales. Nasdaq index futures (left) vs. Bitcoin/USD (right). Source:…
At 30, Freeman Faithful, a Ghanaian serial tech entrepreneur, has lived multiple lives. Faithful has been a student, a tech gadget connoisseur, a student (again), a founder, a tech consulting maven, a student (again), a cybersecurity engineer, a founder (again), a builder, and overall, somebody who’s always eager to find the next thing once he’s thrived in a place. During one of the slow peaks of December, we had a hearty conversation about his life, travels, and the series of businesses that have taken him across Ghana and, eventually, into the UK. “I’ve always been intrigued by travelling,” he told…
The keyboard is something that I have to use on almost every app, so it matters a lot. Even the smallest inconveniences can become frustrating, and the slightest improvements can make a big difference. Like most people, I didn’t realize this until I tried SwiftKey. After years of using Gboard and experimenting with a few other alternatives along the way, I finally settled on SwiftKey. Having used it for a month now, it’s the closest thing I’ve found to a perfect keyboard app. It has everything I need, from custom keyboard layouts and themes to clipboard sync and AI integration…
By PwCThe past five years have reshaped global capital markets through pandemic shocks, monetary tightening, and rapid digital innovation. For Africa, this evolving landscape presents unprecedented challenges, and remarkable opportunities. Africa, once viewed as a frontier market, is now emerging as a key beneficiary of global capital flows. The rise of private equity, growing ESG integration, and fintech-driven digital finance are unlocking new avenues for investment, infrastructure development, and entrepreneurship across the continent. We explore key global trends with significant implications. Private markets growth: With public markets slowing, private equity and venture capital have surged, favouring sectors like infrastructure, fintech,…
eWeek content and product recommendations are editorially independent. We may make money when you click on links to our partners. Learn More The AI funding boom just rewrote the record books. In 2025, startups raised roughly $150 billion, setting a new high for venture capital investment. Data released on Dec. 28 confirms this marks the third consecutive year of record growth, surpassing the 2021 peak by $92 billion and representing a 63% increase over an already historic market. But the most striking shift isn’t just the headline number. AI companies now account for nearly 50% of all global startup funding,…