Author: Elan

By John Kamau, Partner, Financial Crime Advisory, Eastern Africa Region, PwC Kenya and Sharon Kerubo, Senior Associate, Forensics, Deals, PwC KenyaBefore the city lights, before the degrees, before the office jobs, there was the land. For many Kenyans, the memory of home is deeply rooted in the soil: the scent of rain falling on dry earth, the rustle of maize in the wind, or the quiet strength of a grandmother planting beans with her bare hands. Farming, for countless families, was not just a way of life, it was how school fees were paid, homes were built, and communities endured.…

The 800 page audit report – “Making a Difference to the Lives of Citizens” – published on Friday 20 March 2026 highlights widespread governance failures across ministries and parastatal bodies: large budgets are allocated, but weak governance and inadequate monitoring undermine their impact. According to the Director of Audit, Dharamraj Paligadu, shortcomings include inefficient procurement, inadequate revenue controls, weak monitoring of expenditures, poor project and contract management, and insufficient followup on audit recommendations. These weaknesses undermine service delivery and reduce the value the most vulnerable citizens could expect from public spending. 🟨 Introduction The latest audit report for 2024-2025 goes…

BFA Global and FSD Africa have announced $273,000 in follow-on funding for four early-stage climate startups in East Africa, reinforcing efforts to scale practical solutions in clean energy, agriculture, and food systems. The funding targets alumni of the Triggering Exponential Climate Action (TECA) venture-building programme, which supports climate-focused startups from concept stage to investment readiness. At a time when early-stage funding is tightening globally, this move signals continued support for climate innovation in emerging markets. Four Startups, Four Climate Solutions The selected startups are already gaining traction across key sectors: Africa Renewables Katalyst (ARK) is enabling renewable energy developers…

Renowned constitutional lawyer and human rights advocate, Prof. Mike Ozekhome (SAN), has paid glowing tribute to the chairman of Air Peace, Allen Onyema, on the occasion of his 62nd birthday, describing him as a visionary entrepreneur whose leadership has reshaped Nigeria’s aviation landscape and inspired a generation of Nigerians to pursue excellence through discipline and hard work. Ozekhome said Onyema’s innovative leadership, steadfast commitment to excellence, and sustained contributions to national development have cemented his status as one of the most influential figures in Nigeria’s private sector. He lauded the Air Peace chief as a diligent, humble, and results-oriented leader…

Developers from Gnosis and Zisk, with backing from the Ethereum Foundation, have proposed a new framework aimed at unifying Ethereum’s fragmented layer-2 ecosystem by enabling rollups to interact seamlessly with each other and the mainnet in a single transaction.According to an announcement shared with Cointelegraph, the proposed “Ethereum Economic Zone” (EEZ) would allow smart contracts on different rollups to execute synchronously across networks without relying on bridges.The initiative targets a key trade-off in Ethereum’s scaling strategy, where dozens of layer-2 networks have improved throughput but split liquidity, infrastructure and user activity across separate environments.If implemented, the framework would let applications…

Being a digital nomad, not simply in name only, can feel like a dream. Barring the cost and effort it takes to plan, prepare, and travel on short notice, frequent trips offer plenty of chance encounters, but they also test your tolerance for misadventures. Shelter is where fantasy usually collides with reality. According to three digital nomads and frequent travellers I spoke to, accommodation regularly eats between 40 to 50% of a travel budget. Beyond the cost, Yinka Oke, a Nigerian nomad, said the hardest part of planning for housing in a country where you know nobody is how unpredictable…

Like many of you, I have a personal favorite AI tool that I often use to help me when I am stuck. When Microsoft Copilot first started appearing almost everywhere on my Windows laptop, be it the taskbar or the Start menu, I used to dismiss it outright. I either had my daily workflow figured out or my favorite AI tool ready to deploy. The last thing I wanted was another clunky virtual assistant getting in my way. But one day, when I had a mountain load of work, I decided to give the little colorful icon a try, and…

Listen to this article Tokyo is redefining its engagement with Africa, transitioning from traditional aid-based approaches to strategic venture capital (VC) investments focused on long-term partnerships, innovation and capacity building. Several Japanese private companies are making Japan’s presence felt in Africa’s VC landscape, particularly in high-growth sectors such as fintech, climate tech and mobility. Growing demand for innovative, technology-driven solutions in Africa has drawn increasing interest from international investors. VC funding in Africa rose from over US$2 billion in 2019 to a peak of US$5.2 billion in 2022. Though investment declined to around US$3.6 billion in 2023, the continent’s start-up…

CoM 2026, Committee of Experts – Opening remarks by Deputy Executive Secretary Mama Keita – African Business CoM 2026, Committee of Experts – Opening remarks by Deputy Executive Secretary Mama Keita – African Business

Africa Bitcoin Corporation (ABC), the South Africa-based Bitcoin treasury and SME-finance company, now holds 5.0246 BTC in its corporate treasury, according to its real-time analytics dashboard. The SME lender and advisory firm has set an ambitious 2030 target of holding 21,000 BTC.  Its 2030 target would make it the largest African-listed company holding Bitcoin on its balance sheet. At its current holding of 5.0246 BTC, the firm has only covered 0.02% of that goal.  The gap between a growing yet limited stash and a sweeping long-term goal underlines how early ABC remains in this strategy, even as it pitches shareholders…