Author: Elan

Ahmed Rady, Managing Director of Admaius Capital PartnersAdmaius Capital Partners, a market-leading pan-African private equity firm, along with Dr. Sherif Bassiouny, Chairman of Parkville Pharmaceuticals, and Dr. Mahmoud Farrag, CEO of Parkville, has signed definitive agreements to sell a majority stake in Parkville to Adenia Partners. On completion, this will be the first exit of Admaius’ maiden fund, the Virunga Africa Fund I, 3.5 years after first investment.Parkville is a leading Egyptian healthcare and pharmaceutical company active in the pharmaceutical, cosmeceutical, and nutraceutical sectors. Founded in 2008 and headquartered in Cairo, the company develops, manufactures, and distributes a broad portfolio of…

Women-led startups continue to receive a disproportionately small share of venture capital in Africa, even as the continent’s broader startup investment landscape shows signs of recovery after two difficult years. Less than 10 per cent of all venture funding deployed across Africa in 2025 went to companies with at least one female founder, according to the ‘Africa Investment Report 2025’ by research firm Briter. The figure underscores the persistence of gender-based disparities in capital allocation, despite a modest rebound in overall investment activity. African startups raised about $3.8 billion in disclosed funding across more than 630 deals in 2025, with…

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One thing we rarely think about is how bad weather can affect Bitcoin’s security, but it happens fairly regularly. Snow can legitimately pose a risk to Bitcoin miners who secure the blockchain.The snow shows up on the weather map first, a fat smear of color stretching across state lines. Then it turns into the stuff you actually feel: power lines dancing in the wind, crews on standby, households trying to keep the heat on.Somewhere behind that very normal human scene is a different kind of appliance: rows of Bitcoin miners that do one job when electricity is cheap and plentiful,…

EFCC filed a ₦4.3bn forex fraud case against UBA, Muyiwa Akinyemi, Amangbo Stephen, Gesos Global Service Ltd, and Fedat Global Ltd The alleged offences happened between September 2022 and March 2023 The case was adjourned to April 21 after the defendants failed to appear in court Charges include conspiracy, theft, money laundering, and retention of illicit funds The Economic and Financial Crimes Commission (EFCC) has filed a ₦4.3 billion forex fraud case against United Bank for Africa (UBA), two companies: Gesos Global Service Ltd and Fedat Global Ltd, and two individuals: Muyiwa Akinyemi and Amangbo Stephen. The case was filed…

Developing effective agentic AI requires a new research playbook. When systems plan, decide, and act on our behalf, UX moves beyond usability testing into the realm of trust, consent, and accountability. Victor Yocco outlines the research methods needed to design agentic AI systems responsibly.Agentic AI stands ready to transform customer experience and operational efficiency, necessitating a new strategic approach from leadership. This evolution in artificial intelligence empowers systems to plan, execute, and persist in tasks, moving beyond simple recommendations to proactive action. For UX teams, product managers, and executives, understanding this shift is crucial for unlocking opportunities in innovation, streamlining…

Nairobi — Jubilee Party Deputy Leader Fred Matiangi has confirmed the United Opposition Alliance has a planned visit to the Independent Electoral and Boundaries Commission on Wednesday. Speaking during an interview on K24 TV, the former Interior Cabinet Secretary said that they intend to present what he described as urgent matters of national concern requiring immediate attention. Key on the agenda is the authenticity of the on-going continuous voter registration where the opposition claims that non-Kenyan have been enlisted as part of wider scheme by the government to rig the 2027 General Elections. “I have seen even international organisations have…

The Driver and Vehicle Licensing Authority (DVLA) will this year embark on a series of major reforms, including the extensive use of technology to expand and modernise its operations, the Chief Executive Officer, Mr Julius Neequaye Kotey, has announced. According to him, the reforms will begin with the establishment of a cybersecurity department, the introduction of smart test driving, the retooling of vehicle testing bays, and the rollout of an enhanced queue management system. Additionally, the DVLA will introduce a demerit point system to improve compliance with road traffic regulations, establish an embossment centre, and implement an emission testing system…

Today in Crypto: Colombia’s second-largest private pension to launch an investment fund with exposure to Bitcoin, US-based spot Bitcoin ETFs extend their outflow streak. Meanwhile, PENGUIN memecoin surges following White House social media post. Colombia’s second-largest pension fund to offer Bitcoin exposureColombia’s second-largest private pension and severance fund manager, AFP Protección, is preparing to launch an investment fund with exposure to Bitcoin.Juan David Correa, president of Protección SA, confirmed the initiative during an interview with local outlet Valora Analitik. According to Correa, access to the product will be limited and granted only through a personalized advisory process designed to assess each investor’s…

Telecommunications giant MTN Nigeria has revealed that it suffered a staggering 9,218 fibre cuts in 2025. Meaning that, on average, it experienced over 25 fibre cuts per day in the last one year. Not only that, the network provider had 211 of its sites hit with vandalism and theft. Due to the network disruptions, MTN received over 1.6 million customer complaints via calls, emails, social media, and walk-in centres. Many Nigerians are still unaware of the negative impacts their actions have on the nation’s critical infrastructure, like telecommunications. Cutting fibre cables during road construction and other activities can affect service…