Author: Elan
In brief Leading Bitcoin treasury firm Strategy bought $980 million worth of Bitcoin last week. It’s the second straight week that the company added nearly $1 billion in BTC. The company holds $60 billion in Bitcoin and its stock price has fallen 53% over the past six months. Strategy is back in the business of buying large tranches of Bitcoin, announcing a weekly purchase of nearly $1 billion worth of BTC for the second straight week.The publicly traded firm—formerly known as MicroStrategy—added 10,645 Bitcoin last week, according to an SEC filing, spending $980.3 million for an average price of $92,098…
Schneider Electric announces major shifts expected in the data center industry as artificial intelligence becomes fully integrated into enterprise operations. The company projects that 2026 will mark a significant acceleration in AI readiness, influencing how data centers are designed, built, and upgraded. Artificial intelligence has rapidly expanded across sectors since gaining mainstream attention in 2022. Schneider Electric notes that organizations are now moving from experimentation to large scale adoption, especially in areas such as manufacturing, finance, healthcare, and digital services. This growth is increasing the demand for facilities that can manage dense workloads, advanced cooling systems, and real time data…
Brave Browser is the latest to test an agentic AI. The feature is currently in an experimental phase. Brave says that it is approaching AI browsing cautiously, considering the security risks. The company admits security measures have not been perfected, and warns about indirect prompt injections, i.e. these are malicious instructions that are hidden on web pages, which could trick the AI to transmit sensitive data to the website. Google had recently said that these were the biggest challenges faced by AI-powered browsers, and outlined various safety mechanisms that are in-place for agentic AI in Chrome. The other issue is…
Nairobi — Kenyan environmentalist Truphena Muthoni has said she was overwhelmed with gratitude after meeting President William Ruto at State House, days after Guinness World Records officially confirmed her tree-hugging feat. In an emotional message after the State House engagement, Muthoni said the recognition she received left her at a loss for words. “I lack words to express myself. Thank you, Mr President!” she said. Keep up with the latest headlines on WhatsApp | LinkedIn Guinness World Records announced on Friday that Muthoni has officially entered the record books after her tree-hugging attempt–completed between January 31 and February 2, 2025–was…
Jan Bosch, managing partner of Salt Capital** For the best experience, download the free Africa Private Equity News app Android | iOS **Salt Capital, with the partnership of one of its largest LPs, South Suez Capital, has completed the acquisition of Welwitschia Hospital, ERAD Radiology, and Spescare Namibia. Salt Capital has since inception considered Namibia as a priority market and has to date built an established track record in the country. This strategic transaction positions Salt Capital as a prominent investor in Namibia’s healthcare sector, complementing its existing investment in Rhino Park Private Hospital in Windhoek.The acquisition brings together a…
African startups have taken in more than $3 billion in funding in 2025, passing that level for the first time since 2023. This would be the strongest year reported after a couple of years of slowed action. Africa: The Big Deal, which tracks startup funding across the continent, recorded a 33% rise compared with last year. They recorded $2.2 billion in startup funding in 2024, which was 25% lower than in 2023. Investor activity slowed as global venture capital spending tightened, bringing a hard time African founders in particular. Recent months have showed some changes… A large share of this…
Nairobi — BasiGo, a leading provider of electric bus solutions, has officially opened a new electric vehicle (EV) charging station at the revamped Shell Athi River service station, expanding Kenya’s fast-growing e-mobility infrastructure. The Athi River site becomes BasiGo’s third Shell-hosted charging location in Kenya, following earlier launches at Shell Waiyaki Way in Nairobi and Shell New Gatitu in Thika. The partnership underscores growing collaboration between mobility providers and fuel retailers as Kenya transitions toward cleaner transport. Designed to support the rapid adoption of electric public transport and commercial fleets, the Athi River station can charge up to four buses…
Crypto and stock performance since January 2024 suggests that the new “altcoin trading” is just stock trading.The S&P 500 returned roughly 25% in 2024 and 17.5% in 2025, compounding to approximately 47% over two years. The Nasdaq-100 delivered 25.9% and 18.1% over the same period, for a cumulative gain near 49%.The CoinDesk 80 Index, tracking the next 80 crypto assets after the top 20, fell 46.4% in 2025 first quarter alone and sat down roughly 38% year-to-date by mid-July.The MarketVector Digital Assets 100 Small-Cap Index dropped to its lowest level since November 2020 by late 2025, erasing over $1 trillion…
If you wanted to understand the passion it truly takes to build a game in Africa, you only needed to witness the morning of MaliyoCon25, the inaugural gaming conference hosted by Maliyo Games, the game developer behind Safari City, Whot King, and Disney’s Iwájú: Rising Chef. The rain poured down heavily on Thursday morning, December 11, and the notorious Lagos traffic that might typically cripple an event. But that chaos only seemed to fuel the resolve of the attendees, as the room sat full. Nothing was going to hold back the people building Africa’s gaming future. The room was packed…
If you’re anything like me, you probably comb spec sheets, read reviews, and watch videos before purchasing a new pair of headphones. Even with a ton of research, there’s only so much you can learn about any audio product until it physically arrives at your door. The good news is that generous return windows from a variety of online and brick-and-mortar retailers ensure you still have a way out if your new cans aren’t as great as you expected. Of course, it takes time to learn the ins and outs of a pair of headphones or earbuds. It’s hard to…