Golden boy of Angolan finance N'Gunu Tiny adds Emirati string to his bow
Sheikh Hamad Al Nahyan has become the new business partner of Angolan financier and ex-minister's son N'Gunu Tiny.
Congolese businessman Kennesy Brouwers, who is active in the mining sector, has set up a cryptoasset investment company called SQ IXS. Several other operators see virtual currencies as an alternative source of financing, though without much result to date.
With the Zimbabwe dollar in its death throes, the government is seeking to switch to cryptocurrency. On 19 March it entered into a partnership with the American firm Apollo, which after a number of setbacks is now beginning to find its feet in Africa.
Applications for the Chinese behemoth's training programme for African entrepreneurs have just closed. For those selected to take part, it's a chance to obtain funding from programme partners 4DX Ventures and AfricInvest, and even to compete for the Africa Netpreneur Prize, set up by Alibaba founder and former CEO Jack Ma.