Author: Elan

precarious balance As Washington prepares renewed annual support and the World Bank expands financing, economists warn of rising debt-servicing costs, sovereign risk transfer and persistent hard-currency shortages. By Michael Masrie Ethiopian Prime Minister Abiy Ahmed in parliament during a session to approve the country’s 2024/25 budget, 4 July 2024. © Tiksa Negeri/REUTERS Published on May 12, 2026 at 10:30 am (GMT +1) Ethiopia’s public debt has climbed to $51.8bn, placing renewed pressure on Prime Minister Abiy Ahmed’s macroeconomic reform agenda, just as Washington prepares a new $1bn annual support package and multilateral lenders deepen financial backing tied to the country’s IMF programme.

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NEW YORK CITY, NY, UNITED STATES, March 30, 2026 /EINPresswire.com/ — Former Sierra Leone Ambassador Sidique Wai to Lead Strategic Initiative Connecting African Governments, Diaspora Leaders, and U.S. Institutions at Critical Inflection Point for U.S.-Africa Relations Gotham Government Relations, a leading New York-based government affairs and strategic advocacy firm, today announced the launch of the Gotham Africa Practice, a comprehensive platform designed to serve African governments, diaspora communities, and institutional stakeholders seeking effective engagement with Washington, New York, and U.S. policy institutions. The Gotham Africa Practice is the first Africa focused initiative by any major lobbying and government relations firm…

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Key points:Bitcoin has pulled back to the $76,000 level, a crucial near-term support level to watch.Several major altcoins have broken below their near-term support levels, indicating that the bulls have given up.Bitcoin (BTC) came under pressure on Monday after US President Donald Trump warned Iran that the “clock is ticking” and they better get moving fast. Analyst CryptoRover said in a post on X that a potential US military operation against Iran “is extremely dangerous for $BTC.”Institutional investors also seem to be turning cautious in the short term. According to SoSoValue data, spot BTC exchange-traded funds recorded $1 billion in…

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The tech industry is vast, fast-evolving, and filled with specialised career paths, but few are as quietly essential as software quality assurance. This is a critical niche dedicated to testing, refining, and safeguarding digital products before they reach the public.  Behind every seamless app, smooth transaction, and glitch-free digital experience is a software quality assurance professional ensuring that technology performs exactly the way users expect.  Today’s Tech Trivia spotlights Abiola Rasaq, a software quality assurance leader and founder of The Bug Detective (TBD), a QA-as-a-Service company and a global community of nearly a thousand testers. With almost a decade of…

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Modern smartphones charge superfast. Long gone are the days when you had your phone hooked up for 5–6 hours on end waiting for it to fully charge. Flagship models these days, like the Samsung S26 Ultra, take less than 50 minutes to charge from 0–100%. Unfortunately, not everyone may be enjoying these fast charging speeds because they are only made possible due to newer charging protocols and high-wattage chargers. The worst part is that manufacturers have also stopped shipping chargers, and I ended up using my old Apple charger to juice up my iPhone 14, unaware that its charging speed…

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South African insurtech company Naked Insurance has launched what it believes is the world’s first native app in ChatGPT capable of delivering a final, binding car insurance quote directly within the AI platform. The launch marks a significant step in the evolution of AI-powered financial services and positions Naked as one of the first South African companies to deploy a native ChatGPT app for consumers. Unlike tools that provide only estimated pricing, Naked’s ChatGPT app connects directly to the same live underwriting and rating engine used on the company’s website and mobile app. This means customers receive a final insurance…

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Iyin Aboyeji, founding partner of Future Africa** For the best experience, download the free Africa Private Equity News app Android | iOS **Africa Finance Corporation (AFC) has approved a commitment of up to $100 million to invest in Africa-focused technology fund managers.Through this commitment, AFC will deploy catalytic capital in leading Africa-focused technology funds and in particular African-owned fund managers. In doing so, AFC aims to address the underrepresentation of local capital in venture funding by catalysing greater participation from African institutional investors and deepening local ownership within the ecosystem.Samaila Zubairu, president and CEO of AFC said: “Across the continent,…

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Ghanaian startups raised over $120 million in 2025 across fintech, agritech, healthtech, and edtech sectors, with mPharma, Zeepay, and Hubtel leading the charge in scale and revenue. This hub profiles the 40+ most-watched ventures in Ghana’s tech ecosystem as of April 2026, tracks recent funding rounds, explains what makes each sector tick, and shows you which early-stage names might break out next. Whether you’re an investor, founder, student, or journalist covering West Africa’s startup scene, this is your map to who’s building what in Accra, Kumasi, and beyond. Advertisement TL;DRGhana’s startup ecosystem counts 250+ active tech ventures as of Q1…

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