Loading
Elefund Capital
  • About
  • Our Team
  • News
  • Contact
  • Search
  • Menu
  • LATEST NEWS

News

  • Africa: Africa-Focused Early-Stage Investor Ventures Platform Raises $64m
    on November 6, 2025 at 5:44 pm

    [Daba Finance] Ventures Platform, one of Africa's most active early-stage venture capital firms, has raised $64 million so far for its second fund, with a final close target of $75 million, according to founding partner Kola Aina.

  • Africa: Ruto, German Chancellor Merz Discuss Peace in Africa and Bilateral Labour Pact in Phone Conversation
    on November 6, 2025 at 12:36 pm

    [Capital FM] Nairobi -- President William Ruto on Thursday held a telephone conversation with German Chancellor Friedrich Merz, during which the two leaders discussed efforts to end ongoing conflicts across Africa and strengthen Kenya-Germany bilateral cooperation, particularly in labour mobility and skills exchange.

  • Rwanda: East African Police Forces, China Eye Deeper Ties
    on November 6, 2025 at 12:19 pm

    [New Times] The Eastern Africa Police Chiefs Cooperation Organization (EAPCCO) and the Chinese Ministry of Public Security have pledged to strengthen collaboration in law enforcement and information sharing to advance peace and stability.

  • Nigeria: Govt Unveils Digital Dashboards to Monitor Ministries' Performance - SGF
    on November 6, 2025 at 12:13 pm

    [Daily Trust] The Secretary to the Government of the Federation (SGF), Senator George Akume, says the federal government has launched digital dashboards to monitor the real-time performance of ministries, departments, and agencies (MDAs), as part of efforts to enhance policy implementation and service delivery.

  • Africa: Global Citizen Now Summit Heads to Johannesburg to Push Africa's Clean Energy Transition
    on November 6, 2025 at 12:12 pm

    [Vanguard] Global Citizen has announced that its flagship Global Citizen NOW action summit will be held in South Africa for the first time on November 21, at the Sandton Convention Centre in Johannesburg.

  • Kenya: Sustainability, Innovation to Shape Kenya's Construction Industry - Experts
    on November 6, 2025 at 12:08 pm

    [Capital FM] Nairobi -- Evolving infrastructure needs and sustainability goals continue to inform Kenya's built environment, experts say.

  • South Africa: Vodacom Pays Up to End 'Please Call Me' War
    by newsdesk@scrolla.africa (Scrolla) on November 6, 2025 at 12:08 pm

    [Scrolla] Vodacom confirmed its board approved a private settlement with Nkosana Makate on 4 November, ending their long-running "Please Call Me" court battle. The mobile company withdrew its appeals and dropped a High Court judgment, but has not revealed how much it will pay Makate.

  • Africa: Optasia Raises $345m in South Africa's Largest Fintech IPO
    on November 6, 2025 at 12:04 pm

    [Daba Finance] Dubai-based fintech group Optasia officially listed on the Johannesburg Stock Exchange (JSE) on Tuesday, November 4, after a R6.5 billion ($345 million) initial public offering priced at R19 per share, the top of its range. The offering was several times oversubscribed, resulting in Optasia having a market capitalization of R23.5 billion ($1.4 billion).

  • Africa: Ex-Vodacom Executive to Launch $200m Africa AI Fund After Optasia Exit
    on November 6, 2025 at 12:04 pm

    [Daba Finance] Romeo Kumalo, the former Vodacom Group executive and co-founder of LLH Capital Ltd., plans to raise a $200 million private equity fund to invest in artificial intelligence-focused companies across Africa.

  • Kenya: Kenya Seeks Qatari Investment in Sh200bn JKIA Upgrade Plan
    on November 6, 2025 at 10:29 am

    [Capital FM] Nairobi -- The government has presented a proposal to the Emir of Qatar for the expansion of Jomo Kenyatta International Airport (JKIA) and Kenya Airways (KQ) as part of efforts to attract foreign investment into the country's aviation sector.

  • Africa: 2.6bn People Live in 'Digital Darkness' Globally - World Bank
    on November 6, 2025 at 10:29 am

    [Vanguard] A report by the World Bank has said that about 2.6 billion people globally lack access to the Internet and are therefore labelled as living in "digital darkness".

  • Malawi: Analysts Say Mwanamvekha Faces a Crisis of Credibility As Mid-Year Budget Review Looms
    on November 6, 2025 at 10:29 am

    [Nyasa Times] As Finance Minister Joseph Mwanamvekha readies to deliver the Mid-Year Budget Review Statement in Parliament tomorrow, economists and governance commentators are warning that the K8.05 trillion 2025/26 National Budget is facing its toughest credibility test yet -- as nearly all its initial assumptions have fallen apart barely six months into implementation.

  • Zimbabwe: ZWG to Strengthen Further in Fourth Quarter of 2025 - Finance Minister
    on November 6, 2025 at 10:29 am

    [New Zimbabwe] FINANCE Minister, Mthuli Ncube, says the local ZWG currency is set to strengthen further in the Fourth Quarter of the year as demand rises for periodical tax settlements.

  • Nigeria: South-South Key to Nigeria's Blue Economy Growth - Minister
    on November 6, 2025 at 10:26 am

    [Premium Times] He stated this in a message issued on Wednesday by his Special Adviser, Bolaji Akinola, after receiving a delegation from the South-South Development Commission led by its Managing Director, Usoro Akpabio.

  • Africa: A Just Transition is a Talent Transition
    by info@allafrica.com (allAfrica) on November 6, 2025 at 10:18 am

    [allAfrica] Africa stands at a pivotal juncture, urged to decarbonise for the planet's sake even as it struggles to power its own growth. With 600 million people still lacking access to electricity, and coal providing cheap, reliable energy, the continent faces a significant paradox: the green transition is critical to global climate goals, but for Africa, it could come at a substantial cost.

  • Somalia: Somalia's Prime Minister Meets Iraqi Delegation to Boost Cooperation
    on November 6, 2025 at 9:28 am

    [Shabelle] Mogadishu, Somalia -- Somalia's Prime Minister, Hamza Abdi Barre, on Wednesday received a delegation from Iraq in a meeting aimed at strengthening bilateral ties and cooperation between the two brotherly nations.

  • Nigeria: WEF Raises Concerns Over Ai, Crypto, Debt As Potential Global Financial Market Bubbles
    on November 6, 2025 at 9:28 am

    [This Day] ·Says government debt at highest level since 1945

  • Uganda: Uganda Details Major Space Program Upgrades Following PearlAfricaSat-1 Lessons
    on November 6, 2025 at 7:54 am

    [Nile Post] Uganda is aggressively developing its indigenous space capabilities, with major upgrades at the Mpoma ground station and two new collaborative satellites in the pipeline for launch soon, according to Dr. Doreen Agaba, Team Lead of the Aeronautics & Space Bureau.

  • South Africa: Pensioners Ask Parliament to Increase Grant to R5,000
    by info@groundup.org.za (GroundUp) on November 6, 2025 at 7:53 am

    [GroundUp] "We are not asking for charity, we are asking for justice and dignity"

  • Nigeria: CSOs Raise Red Flag Over FIRS Officials As New Tax Regime Looms
    on November 6, 2025 at 7:50 am

    [Vanguard] ABUJA - A coalition of civil society organisations on Wednesday raised concerns over possible conflict-of-interest issues involving some officials of the Federal Inland Revenue Service (FIRS).

  • Nigeria: Nigeria's $2.35bn Eurobonds Massively Oversubscribed By Over $10.65bn
    on November 6, 2025 at 7:50 am

    [Vanguard] ...Investors from UK, North America, Europe, Asia, Middle East, and Nigeria participate

  • Nigeria: Ned Nwoko Seeks Mandate to Track, Trace, Recover Stolen Crude Oil Proceeds
    on November 6, 2025 at 7:50 am

    [Vanguard] Sen. Ned Nwoko (APC-Delta) has sought an expanded mandate to track, trace, and recover stolen crude oil proceeds both locally and internationally.

  • Kenya: Kenya Eyes Green, Digital Factories in New Industrial Push
    on November 6, 2025 at 7:50 am

    [Capital FM] Nairobi -- Kenya is betting on green energy and artificial intelligence to anchor its next phase of industrial growth, as the government unveiled a renewed plan to make the country a regional manufacturing hub.

  • Africa: Somaliland - How a Port Town in Africa Highlights the Potential of Frontier Markets
    by contact@horndiplomat.com (Horn Diplomat) on November 6, 2025 at 7:50 am

    [Horn Diplomat] When most investors look at frontier markets, they do so from a distance - placing small bets through funds managed by others.

  • Nigeria: Nigeria's MSMEs Need Inclusive Financing, Stronger Partnerships to Thrive - Experts
    on November 6, 2025 at 7:50 am

    [Vanguard] Financial experts have called for inclusive financing and stronger collaboration among government, banks, and private sector players to enable Nigeria's Micro, Small and Medium Enterprises (MSMEs) to effectively contribute to national economic growth.

  • Nigeria: $303bn Unaccounted for As Proceeds of Stolen Crude Transactions - Senate
    on November 6, 2025 at 7:50 am

    [Vanguard] Abuja -- ·Receives interim report on crude oil theft

  • Uganda: Uganda Charts New Automotive Future With Locally Produced Electric Vehicles
    on November 6, 2025 at 7:50 am

    [Nile Post] Uganda is marking significant milestones in its automotive history, highlighting the country's journey from early vehicle imports to the emerging local electric car industry, according to Benjamin Ndawula, Program Officer at the Mobility Bureau.

  • Nigeria: Nigeria Lost Over $300 Billion to Oil Theft, Auditors Tell Senate
    on November 6, 2025 at 7:50 am

    [Premium Times] The committee also recommended that the federal government establish a special court to prosecute oil-related offences.

  • Africa: All of Africa Today - November 6, 2025
    by info@allafrica.com (allAfrica) on November 6, 2025 at 7:26 am

    [allAfrica]

  • Nigeria: Senate Panel Submits Interim Report, Says Over $300bn Lost to Oil Theft
    on November 6, 2025 at 5:28 am

    [Leadership] The Senate on Wednesday received the interim report of its Ad Hoc Committee investigating the incessant and nefarious acts of crude oil theft and related sabotage in the Niger Delta region, with findings indicating that Nigeria may have lost over $300 billion in unaccounted crude oil proceeds.

African Infrastructure – Industry News

  • Africa Opts for Transport Projects To Grow TradeFebruary 6, 2018 - 12:00 pm
  • African Economic Outlook 2018 Unveiled At AU Summit in Addis AbabaJanuary 31, 2018 - 12:00 pm
  • AfDB Calls for Investment in Infrastructure To Drive Inclusive Growth in AfricaJanuary 27, 2018 - 12:00 pm
  • Africa Needs $130BN for Infrastructure Development Annually – AFDBJanuary 18, 2018 - 12:00 pm
  • Business Aviation Taking Off in Asia, But Infrastructure May Stymie GrowthJanuary 6, 2018 - 12:00 pm
View all
 Back to top

Branding and Design: NextPhase Strategy Marketing Inc.

Scroll to top