Author: Elan

Image credit: TASC Carbon finance in South Africa is creating new opportunities for rural communities and farmers by linking climate action, sustainable agriculture, and economic development. South African farming communities have received their first carbon revenue payments from a grassland restoration project designed to combine environmental protection with rural economic growth. The Grassland Restoration and Stewardship in South Africa (GRASS) project has distributed R2.7 million among 15 participating communities following the sale of its first verified carbon credits. Developed by TASC in partnership with Meat Naturally Africa, the project works with communal livestock farmers across the Eastern Cape and KwaZulu-Natal…

Dominique Collett, general partner at AlphaCode Venture Partners** For the best experience, download the free Africa Private Equity News app Android | iOS **Fintech company Moment has announced the close of its $22 million Series A funding round, led by AlphaCode Venture Partners, with continued investment from General Catalyst, MultiChoice, and fresh investment from Canal+.Moment is a pan-African payment infrastructure company headquartered in Cape Town, with offices in Dubai, Johannesburg, Lagos, Kigali, and London. The company provides omni-channel payment solutions, intelligent collection tools, and embedded financial services to African businesses. Moment is further backed by Entrée Capital, the Raba Partnership,…

Kenya has lost its spot as Africa’s top startup funding destination after inflows to Egypt overtook it, underlining the impact of depressed investment activity in the six months to June 2026. Records show that startups in Kenya attracted $126 million (Sh16.3 billion) in the first half of 2026, to rank third behind Egypt, which attracted $327 million (Sh42.3 billion), and Nigeria, with $254 million (Sh32.9 billion). The other ‘Big Four’ startup ecosystem on the continent, South Africa, was fourth with $83 million (Sh10.7 billion) raised, according to new data from startup funding tracker Africa: The Big Deal. The first-half performance…

Nigeria has emerged as Africa’s second most obsessed country in football in Africa by related online searches. This is according to the results of a new study by the football predictions platform The Daily Punt. According to the results, Nigerians searched for football-related topics 75.02 million times during the World Cup month. South Africa emerged as the most football-obsessed country in Africa, with football lovers searching for related topics 122 million times in a single month. This is far ahead of Nigeria or any other country. Read also: Supporting Africa at the 2026 World Cup will cost travelling fans £23,000 Kenya…

Every time someone buys Bitcoin, the stablecoin USDT, or another cryptocurrency in Nigeria, the government will take a share of the transaction — and it wants that tax remitted in the same digital asset being traded.  New virtual asset tax guidelines issued by the Nigeria Revenue Service (NRS) on Monday impose a 1.5% stamp duty on token-to-fiat and fiat-to-token transfers. Rather than deducting the levy from a buyer’s bank account, registered crypto exchanges and other virtual asset service providers (VASPs) must withhold the tax from the digital assets credited to a buyer’s wallet before remitting it to the government. “Income…

Megan Ellis / Android AuthorityTL;DR Google is finally starting to roll out “Find in note” in the Keep app. The feature allows you to search for information within individual notes. The feature was spotted on app version 5.26.301.00.90. Finding specific information within the Google Keep app is getting a lot easier. Back in 2025, Google started working on a feature called “Find in note” before subsequently removing all traces of it in the app. However, the experience reemerged last month, and Android Authority was able to get the feature up and running in our APK teardown. Now it seems Google…

** For the best experience, download the free Africa Private Equity News app Android | iOS **Swedfund, Sweden’s development finance institution, has invested $12 million in the Acumen Resilient Agriculture Fund II (ARAF II). ARAF II is an impact fund that invests in fast growing agri and food companies with business models that help African smallholder farmers become more resilient to climate change. ARAF is managed by Acumen Capital Partners, a wholly owned subsidiary of Acumen.“Climate change is already affecting the livelihoods of millions of smallholder farmers across Africa. Investing in businesses that improve access to markets, finance and agricultural…

Nairobi — A coalition of State agencies led by the National Cohesion and Integration Commission (NCIC) has unveiled a coordinated strategy to combat hate speech, ethnic incitement and election-related offences ahead of the 2027 General Election, warning political leaders that offenders will face prosecution under a unified enforcement framework. The announcement came hours after the arrest of Mukurwe-ini MP John Kaguchia, whose detention followed the circulation of a video in which he made controversial remarks targeting supporters of President William Ruto, adding fresh political attention to the agencies’ renewed focus on inflammatory rhetoric. The alliance, comprising the NCIC, Independent Electoral…

Richard Okello, co-founder of African investment firm Sango Capital, sees strong potential across a variety of sectors.Okello is particularly keen on African retail. “The transformation from unorganised retail to organised retail is underway,” he notes. One of Sango’s standout investments has been Sundry Markets, the parent company of Marketsquare, a Nigerian supermarket chain founded by entrepreneur Ebele Enunwa. (Our first book tells the in-depth story of how Enunwa built his business. It is available here).Despite the steady rise of air-conditioned malls and modern grocery chains, roughly 90% of retail transactions in Nigeria still flow through informal channels – a vibrant…

Responding on behalf of the Plateau State Government, the Director of Agricultural Services in the Ministry of Agriculture and Rural Development, Lang Zakka, described the partnership as a significant step… The Plateau State Government has endorsed and launched a Strategic Food Security Plan to strengthen the state’s agricultural sector, improve livelihoods, and enhance food security across communities. The plan, recently unveiled in Jos, was developed under the Strengthening Peace and Resilience in Nigeria Programme (SPRING) and implemented by the Supply Chain Research and Innovation Hub (SCRIH) in collaboration with the Plateau State Government. The initiative brought together representatives of the…