Author: Elan

In brief The IMF’s latest Global Financial Stability Report found that more than 50% of tokenized stock trading occurs outside regular U.S. market hours, and about 80% of trades are for less than one share. Traditional stocks absorbed 87% to 99% of overnight tokenized price moves at the open, but tokenized equities were about 1.5 times more volatile and less liquid. The IMF said systemic risks remain limited for now and urged regulators to consider circuit breakers for 24/7 trading. Tokenized stocks may be a small market, but their traders aren’t keeping Wall Street hours.More than half of tokenized equity…

OPay has received authorisation from its board and shareholders to list on the Nigerian Exchange (NGX). This decision, announced in a registration statement submitted to the U.S. Securities and Exchange Commission (SEC) on October 9, 2026, is aimed at providing a new investment avenue for local investors. This secondary listing plan follows the fintech’s upcoming primary listing on the New York Stock Exchange (NYSE), marking a significant step for the company. In its statement, OPay highlighted that this move will allow Nigerian investors to buy shares directly from the local stock market instead of navigating overseas exchanges. While this news…

The GTA 6 leaker known as Cyberleek has threatened to release a build of the game containing the full story mode, “played to the end, credits and all,” if the leaker’s memecoin reaches a market cap of $30 million.The warning appeared on the Cyberleek website, which demands that Take-Two Interactive release GTA 6 on physical discs and issue a public apology to stop the leak.Cyberleek’s statement says Take-Two “gets one way out: physical disks and a public apology.” The leaker frames the GTA 6 leaks as a protest against the lack of a disc version of the game. It is…

Dar es Salaam, TanzaniaHere are summaries of the most widely read stories from the past week on Africa Private Equity News.1. Infinite Partners fund reaches final closeSouth Africa-based Infinite Partners has announced the final close of its Infinite Partners Core Equity Fund II, having secured R2.8 billion ($169.8 million) in capital, exceeding the target of R2.5 billion ($151.6 million). Read the full articleA MESSAGE FROM OUR SUPPORTERSInstitutional capital is the next frontier for South African venture capitalWhile institutional capital remains a relatively small contributor to South Africa’s venture capital market today, local industry leaders and stakeholders believe the foundations are…

The awarding of the 2026 Nobel Peace Prize to distinguished South African jurist and international judge Navanethem “Navi” Pillay is about more than just the recognition of an exceptional individual in the global fight for justice. It’s clear that the prize also speaks to a bigger context. It comes at a time of pressure on and the questioning of the international legal order. Pillay’s recognition affirms the conviction that international law, however imperfectly applied, remains indispensable to a peaceful world. Follow us on WhatsApp | LinkedIn for the latest headlines Making history It is a proud moment for South Africa.…

After eight years of advising startups and small and medium-sized enterprises (SMEs), Irtus Consolidated is moving into private capital, seeking to raise between $15 million and $20 million to invest in businesses it believes can capture large sections of Nigeria’s economy. Tamara Posibi, CEO of Irtus Consolidated, said the move represents a natural progression for the firm after years of working closely with founders, tracking the performance of their businesses and observing the challenges confronting early-stage companies. The firm, established in 2018, began primarily as an advisory business supporting founders with business formation, growth strategy and fundraising. It has since…

Last Tuesday, a senior military and tribal delegation from Sudan’s paramilitary Rapid Support Forces (RSF) arrived in the Nuba Mountains to help mediate deadly internal clashes between the Sudan People’s Liberation Movement-North (SPLM-N) and local fighters from the Atoro community. The fighting in Heiban and Kauda and surrounding areas in the Nuba Mountains has killed more than 500 people from the Atoro ethnic group, displaced over 25,000, and burnt dozens of villages, according to local tribal leaders. While Ayin was unable to verify these estimates, the conflict data research organisation ACLED recorded 49 incidents of infighting, resulting in at least…

Operators running the Bitcoin payment software BTCPay Server through its standard Docker deployment must explicitly select Tor at their next setup or update if they want to retain onion access. The change removes Tor from the automatically included components, making a previously bundled service an administrator’s configuration choice.BTCPay detailed the deployment change in its Oct. 5 announcement accompanying version 2.4.5. The official GitHub release page records the software release on Oct. 6. For existing installations, the relevant trigger is their next Docker setup or update. Related ReadingMalicious bots are actively probing exposed Bitcoin payment servers to steal master administrative keys…

Building a $47 million fintech to fix cross-border payments for African travellers is a massive feat. But getting past embassy visas? That’s a bug no line of code can fix. Before launching Timon, co-founders Oluwatomi Ayorinde and Chizaram Ucheaga spent years navigating the frustrations of travelling on a Nigerian passport—from rationing physical cash envelopes in India to watching bank cards fail in Paris. They channeled those headaches into building an independent multi-currency travel card, scaling to over 100,000 users across 16 African markets. But when US crypto accelerator Alliance backed the startup, familiar border barriers resurfaced: while the investment funds…

My Apple Watch Ultra 3 tapped my wrist in the middle of a garage project and told me the room was too loud. I looked down at a Noise Notification, then found the same warning waiting on my iPhone once I’d set the tool down. For years I’d run a garage full of Ryobi tools with nothing in my ears, even though a pack of earplugs sat in a drawer a few feet away. My Apple Watch finally put a number on that habit. Across my tools, the Noise app logged readings from 61dB to 102dB, and Apple says the…