Author: Elan

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Ether’s (ETH) 33% rally from its sub-$1,800 multi-year lows appears to be cooling, but several key metrics suggest the top altcoin may be primed for a bigger rally toward $6,000 or higher.Key takeaways:Ether is currently displaying a technical setup similar to past cycles that ignited a massive rally in ETH price. Supply squeeze potential is growing as increasing accumulation and exchange outflows reduce immediate sell pressure.A rising Coinbase premium reflects the return of US institutional demand.Ether’s fractal targets a $6,000 ETH price Ether is currently bouncing off a multi-year trend line that has historically marked macro ETH price bottoms. Previous instances in…

MTN Nigeria says it will compensate subscribers affected by network disruptions between November 2025 and January 2026, in compliance with a directive from the Nigerian Communications Commission (NCC). In a press statement released on April 24, 2026, the telecom operator confirmed that customers in impacted areas would receive compensation in line with regulatory guidelines. “All consumers within the affected areas where service shortfalls were recorded will receive compensation for the operating periods of November, December, and January, in accordance with the applicable framework.” The development signals increased regulatory scrutiny on telecom operators in Nigeria, as the NCC continues to push for…

Google Discover is one of the better things Google has built. It’s the personalized news feed that learns what you care about and shows you relevant stories, delivered to your smartphone with a single swipe (or in Chrome on Android). But for reasons Google refuses to really elaborate on, it has never brought Discover to desktops. Now, that is set to change, but Google is also keeping tight-lipped about when that change might come. So, in the meantime, you can build your own Discover feed of sorts with a couple of Chrome extensions, sometimes with the page inspection tool, and…

Oliver Holle, CEO and managing partner of Speedinvest** For the best experience, download the free Africa Private Equity News app Android | iOS **Speedinvest, a Vienna-based venture capital firm, has announced its first flagship fund focused on investing in early growth-stage companies across the Middle East and Africa (MEA).Backed by Mubadala Investment Company, the Qatar Investment Authority (QIA), the European Investment Bank’s development arm EIB Global, and other investors, the fund formalises Speedinvest’s existing investment activity in the region.“We are thrilled to welcome QIA, Mubadala, and EIB as investors supporting our Middle East and Africa strategy,” said Oliver Holle, CEO…

Governors under the platform of the Nigeria Governors’ Forum have backed the development of a State Police Framework ahead of proposed constitutional amendments, while also supporting the Federal Government’s proposed 12-year continuous basic education plan and calling for more schools across the country. The position of the governors was contained in a communiqué read by the Chairman of the Forum and Governor of Kwara State, AbdulRahman AbdulRazaq, at the end of the Forum’s first meeting of 2026 held on Thursday in Abuja. On security, the communiqué stated that the Forum “noted the Secretariat’s proactive development of a State Police Framework…

Two South African technology startups—Loop and Vambo AI—have been selected to join the 10th cohort of the Google for Startups Accelerator Africa. Chosen from an exceptionally competitive pool of nearly 2,600 applications, these innovators are part of a final pan-African group of 15 companies. With an acceptance rate of less than 1%, their selection highlights the immense technical talent and resilience emerging from [Country]’s digital ecosystem. The selected South African startups are utilising Artificial Intelligence to address critical local and regional challenges: Loop: Digitises mobility and payments in Africa, helping people, businesses and communities access simpler, more connected transport and…

British International Investment (BII), has launched its new five-year strategy, with the aim to drive £9 billion of new capital into Africa to support economic growth. A central pillar of the strategy is a focus on accelerating the flow of private capital into African countries. Of the £9 billion, BII will contribute nearly £5 billion, with the balance expected to come from private institutions in Africa and globally. Drawing on nearly eight decades of investing experience in Africa, BII will use its capital, partnerships and risk-bearing capacity to attract private investors into markets and sectors where capital remains scarce. BII…

In 2022, Charles Archibong had two exits on the table. A role at Yolo Group in Estonia, complete with visa, housing, and a European salary. A contract from Yukawa in Germany, not long after. While friends posted visa approvals and flight tickets, he was in Lagos, staring at an idea that was not fully formed yet, and choosing it anyway. Two years on, that idea is Myaza, a cross-border payments platform operating across multiple African countries, powered by stablecoin infrastructure, and chasing a target that sounds almost too simple to be hard: make it as easy to send money from…

Absa Bank Kenya will spend up to KES 3 billion ($23.2 million) a year on technology to deepen its digital strategy, according to a Business Daily report, as the lender seeks to move more customer activity to mobile and other self-service channels. The bank said the recurring investment will make transactions easier and support its push into digital banking, even as competition intensifies and customer expectations shift away from branches. The change reflects a broader migration across Kenya’s banking sector towards mobile and self-service channels, a trend accelerated by the country’s entrenched mobile money ecosystem and rising expectations for instant,…