Author: Elan

South Africa is rapidly establishing itself as one of Africa’s most dynamic hubs for artificial intelligence innovation. From machine learning platforms tackling financial inclusion to AI-driven tools addressing uniquely African challenges in healthcare, agriculture and public safety, a bold new generation of startups is proving that world-class AI doesn’t only come out of Silicon Valley. The conditions are increasingly right. A growing pool of tech talent, expanding venture capital interest in African markets and a business landscape hungry for smarter, more efficient solutions have created fertile ground for AI to take root. Cities like Cape Town, Johannesburg and Durban are…

The fallout: How the Iran war is wreaking havoc in Africa – African Business The fallout: How the Iran war is wreaking havoc in Africa – African Business

Make CryptoSlate preferred on I believe the hardest question for DeFi in 2026 is whether the original dream is still alive.The collective bargain was simple. Users would hold their own keys. Code would execute the rules. Markets would stay open. Ledgers would be visible.Intermediaries would lose power because financial services could run on public smart contracts rather than private balance sheets.That framing explains why decentralized finance grew so quickly after 2020. It also explains why the current moment feels so deflating.I’d like to preface this piece by saying that I believe decentralized finance is an essential part of the world…

Infinix is cementing its status within the premium smartphone segment in a bold new way with NOTE 60 Ultra, its landmark flagship which debuted in Barcelona during Mobile World Congress 2026.  Co-developed with Italian automotive and design legend Pininfarina, NOTE 60 Ultra’s design is driven by an emotion-led aesthetic inspired by super cars. Beneath its bold design lies a fully realized flagship experience, integrating breakthrough in-house innovations with best-in-class partner technologies. A professional-grade 200MP ultra-high-definition imaging system, built-in multi-country satellite communication connectivity, and immersive audio precision-tuned by SOUND BY JBL come together to challenge expectations in the premium segment. Supercar…

Meta is laying off around 8,000 employees and cutting approximately 6,000 open positions, with the changes taking effect on May 20. These reductions amount to about 10% of Meta’s global workforce of 78,865 employees. The layoffs were announced in an internal memo from Meta’s head of HR, Janelle Gale, and confirmed by a company spokesperson.Gale stated in the memo that the move is part of an effort to run the company more efficiently and to offset other investments. The memo was first reported by Bloomberg.Why Meta Is Making These CutsMeta expects its capital spending in 2026 to be between $115…

A sweeping reform agenda, new ecotourism destinations, a record airport project, and a regional champion — Ethiopia extends a direct call to UAE residents to discover Africa’s rising destination. Ethiopia has unveiled an ambitious national tourism strategy aimed at positioning the country among Africa’s leading emerging destinations, while simultaneously advancing a landmark project to construct the continent’s largest international airport. Together, these initiatives reflect a coordinated vision linking sustainable development with economic modernization.  H.E. Dr. Jemal Beker Abdullah, Ethiopia’s Ambassador to the United Arab Emirates, stated that the strategy is part of a comprehensive national reform agenda led by Prime…

** For the best experience, download the free Africa Private Equity News app Android | iOS **Amethis, Proparco, ccap.ai and management have completed their investment in Vertice MedTech Holdings.Founded in 2018 by a management group led by Hendri Pretorius, in partnership with Ethos Private Equity, Vertice has established itself as an independent distributor of specialised medical devices and a provider of healthcare software and mobile healthcare solutions in Southern Africa.Vertice operates through two business lines: Vertice Healthcare, focused on specialised medical devices, and Vertice Software, which develops digital health solutions. ccap.ai is the private investment vehicle founded by Nic Kohler,…

At the 2025 ABH Grand Finale, Diana Orembe (Tanzania), Abraham Mbuthia (Kenya), and Adriaan Kruger (South Africa) were awarded funding for building scalable, high-impact businesses across Africa. Partner Content: Africa’s Business Heroes Across Africa, a quiet but decisive shift is underway. Entrepreneurship on the continent is no longer defined by early-stage experimentation or fragmented startup ecosystems. It is increasingly shaped by founders building businesses that scale across sectors, across borders, and into the core of Africa’s economic future. From healthcare and agriculture to fintech, logistics, and energy, a new generation of entrepreneurs is doing more than launching companies. They are formalising…

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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…