Thanks to its proximity to eight submarine internet cables, Lagos Island is positioned to become Africa’s second-largest data centre hub, trailing behind Johannesburg’s 200MW capacity.

The reluctance poses a challenge to cNGN’s adoption, which hinges on exchange support—but exchanges are hesitant without proven demand. The stablecoin, designed to facilitate remittances and cross-border transactions, risks stagnation in a market where digital Naira transfers are already widely accessible.

Just months ago, Lipa Later, a Kenyan buy-now-pay-later (BNPL) fintech, was celebrating a significant $10 million debt and equity injection, aimed at supporting its ambitious expansion plans across Africa. Today, the digital consumer credit provider is under the control of an administrator, marking a sharp and rapid decline that underscores the volatile nature of Africa’s […] The post Lipa Later: A Cautionary Tale of Africa’s BNPL Tech Ecosystem as It Faces Administration appeared first on Tech In Africa.

Sumet Technologies, a Tanzanian startup dedicated to transforming the distribution of fast-moving consumer goods (FMCG) across Africa, has secured US$1.5 million in a pre-seed funding round. The investment, which combines equity and debt financing, will support the company’s efforts to enhance its technology infrastructure, increase operational efficiency, and expand into new markets. Launched in 2022, […] The post Sumet Technologies Secures US$1.5 Million to Revolutionize FMCG Distribution Across Africa appeared first on Tech In Africa.

Aderayo Adesokan shapes how Moniepoint is seen and understood, leading its brand and communications across markets. She manages external messaging, campaign production, global experiential activations, and corporate brand perception, ensuring consistency in how the company presents itself. With experience spanning banking, finance, FMCG, BNPL, insure-tech, and entertainment, she focuses on narratives that reflect business priorities and connect with key audiences. She works closely with senior leadership to align communication with strategy, ensuring Moniepoint’s presence remains clear and trusted as it serves over 10 million businesses and individuals in its ecosystem.

In today’s edition: AI agents are getting better at doing our jobs || MTN launches uncapped internet for $0.27 per day || The path to exits, the support VCs provide, and Africa’s hottest sectors

The Rise of Model Context Protocol: How One African AI Expert is Turning Individuals into Teams This article was written by a contributor: Celestine Achi, Africa's AI Revolutionary The artificial intelligence landscape just experienced… TechCity

TechCity Weekly: OpenAI Gets Visual, Facebook Goes Retro, Nintendo’s Digital Future & Apple’s WWDC 2025 Reveal TechCity Weekly: Your Friendly Rundown of the Week in Tech This week in tech feels like a blend… TechCity

Adetunji ‘Teejay’ Opaleye touched lives, as 9 friends, family, and customers share in this tender tribute. From an introverted tinkerer to Bumpa’s co-founder, his legacy lives through their memories.

Adetunji ‘Teejay’ Opaleye touched lives, as 9 friends, family, and customers share in this tender tribute. From an introverted tinkerer to Bumpa’s co-founder, his legacy lives through their memories.

Five episodes after rebooting Ask an Investor, here are some of the most important lessons from investors at HoaQ, Antler, Capria, Oui Capital and Launch Africa.

In Africa, the AI innovation wave is quickly gaining ground, thanks to ChatGPT and open-source large language models (LLMs), which have sparked startup ideas that sit on the borderline of displacing jobs while also removing mundane tasks for businesses.

Africa’s startup ecosystem is full of innovation, yet many promising ventures fail before realizing their full potential. The 2024 Startup Graveyard Report highlights that 58 percent of startups fail due to financial difficulties, 27 percent due to operational issues, and 17 percent due to regulatory challenges. A recurring theme in these failures is the lack […] The post 2024 Startup Graveyard Report: Governance Gaps Contribute to High Failure Rates in Africa’s Startups appeared first on Tech In Africa.

   Zambian AI communications startup, Caantin, aims to reduce the cost of phone calls for businesses by using AI voice agents capable of handling conversations at scale. Communication is essential for many businesses. From fintechs encouraging users to complete signups or repay loans to FMCG brands seeking daily orders from small shops, phone calls are […] The post Caantin Secures AI-Driven Solution to Revolutionize Communications appeared first on Tech In Africa.

Safaricom, in partnership with M-PESA Africa and Sumitomo Corporation, has announced the launch of applications for the second phase of the Spark Accelerator. This program is designed to assist early-stage startups in Kenya by offering resources, mentorship, and access to markets and funding. The Spark Accelerator Programme is aimed at propelling early-stage startups to expand […] The post Safaricom Launches Second Phase of Spark Accelerator to Support Early-Stage Startups in Kenya appeared first on Tech In Africa.

A significant transformation is unfolding within the African telecommunications sector as MTN Group and Airtel Africa, two of the continent’s leading telecom operators, have initiated a strategic alliance to share network infrastructure in Uganda and Nigeria. The primary objective of this cooperative endeavor is to broaden digital and financial accessibility across the continent, particularly in […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.

Last year, funding for African startups surpassed $2 billion, returning to pre-pandemic levels and presenting a mixed outcome as expected. Signs indicate that 2025 will follow the cautious trends seen over the past two years. A significant drop in mega-deals, reflecting the global venture capital tightening since the 2020-2021 boom, led local and international investors […] The post 2024: A Mixed Year for African Startups as Funding Shifts Toward Sustainable Growth and Profitability appeared first on Tech In Africa.

Vertiv, a global provider of critical digital infrastructure and continuity solutions, has announced a significant upgrade of its thermal management product portfolio with the introduction of the next-gen Vertiv Liebert EFC free cooling unit with low-GWP (Global Warming Potential) refrigerant. The solution is designed to meet stringent environmental standards for data centre applications, including colocation […]

A consortium led by Actis, a global leader in sustainable infrastructure investment, has finalized the acquisition of Swiftnet, one of South Africa’s leading telecom tower operators. The deal secures a 100% stake in Swiftnet, marking a major step in advancing the country’s digital infrastructure. The consortium, which includes both international and local investors—among them the […]

According to new data released by the Internet Society, West African countries are making notable strides in digital development, with several countries in the region improving their Internet resilience. This progress underscores the region’s growing commitment to enhancing digital infrastructure, security, and market readiness, ensuring more stable and accessible online services for millions. The Internet […]

In today's headlines: MultiChoice woes hits Phuthuma Nathi shareholders || South Africa's Competition Commission says Vodacom-Maziv merger is anti-competitive || Nigerian fintech Cleva gets an IMTO licence

GPT-4o and the Future of AI Creativity: How OpenAI Just Changed the Game The future is here — and it’s got eyes, ears, and an imagination. OpenAI has just pulled back… TechCity

From Struggle to Stability: How FinTech is Helping Nigerian SMEs Overcome Cash Flow Challenges When Mrs. Agbaje started school in Ibadan twelve years ago, she didn’t envision a tech-enabled future. Her dream… TechCity

Morocco’s leading telecom operators, Maroc Telecom and Inwi, have announced an expanded partnership agreement aimed at accelerating the deployment of fibre-optic and 5G technologies across the country. This agreement is designed to consolidate parts of their passive telecom infrastructure by creating two joint ventures, each owned equally by the companies. The goal, according to both […] The post Maroc Telecom and Inwi Partner to Accelerate Fiber and 5G Rollout in Morocco appeared first on Tech In Africa.

Alitheia Capital and Goodwell Investments have successfully exited their investment in Baobab Nigeria, marking the first exit from their joint uMunthu Fund. Baobab Nigeria, a financial institution focused on delivering inclusive banking services to individuals and MSMEs in underserved areas of sub-Saharan Africa, has seen impressive growth over the past 12 years. The exit follows […] The post Alitheia Capital and Goodwell Investments Announce Successful Exit from uMunthu Fund’s Baobab Nigeria Investment appeared first on Tech In Africa.

Rivy, an AI-powered lender focused on Africa’s renewable energy sector, has announced its rebrand from Payhippo, alongside the successful closing of a US$4 million pre-Series A funding round. The round includes US$2 million in debt and US$2 million in equity, with support from Africa-focused climate investors such as All On and EchoVC Eco. This funding […] The post Rivy, formerly Payhippo, Rebrands and Secures US$4 Million in Pre-Series A Funding to Propel Africa’s Clean Energy Future appeared first on Tech In Africa.

A petition seeking justice for the tragic death of Adetunji ‘TeeJay’ Opayele, the Co-founder and Chief Technical Officer (CTO) of Nigerian retail automation startup Bumpa, has gained over 20,000 signatures on Change.org. The petition, directed at the Lagos State Government, was initiated by the ‘Teejay Legacy’ campaign following Opayele’s death on March 5, 2025, after […] The post Petition Seeks Justice for Adetunji ‘TeeJay’ Opayele, CTO of Bumpa, Gains Over 35,000 Signatures appeared first on Tech In Africa.

At Oracle CloudWorld in London, Oracle introduced the Oracle AI Agent Studio for Fusion Applications, a groundbreaking platform that enables businesses to create, extend, deploy, and manage AI agents seamlessly. As part of the Oracle Fusion Cloud Applications Suite, this new solution empowers customers and partners to build intelligent AI agents tailored to their unique […]

  Mediterrania Capital IV (MC IV), a private equity fund focused on North and West Africa, has secured additional support from the German development finance institution DEG, which has increased its investment by EUR 15 million (USD 16.2 million). This new capital boost brings DEG’s total investment in the fund to EUR 25 million (USD […] The post DEG Increases Investment in Mediterrania Capital IV to Boost Economic Growth in North and West Africa appeared first on Tech In Africa.

  AltSchool, a Nigerian edtech startup, has unveiled a new initiative aimed at providing Africans with access to AI education. Named “AI for 10M Africans,” the program is designed to assist individuals at every stage of learning how to harness the power of AI. During a media briefing, Adewale Yusuf, CEO of AltSchool Africa, emphasized that […] The post AltSchool Launches ‘AI for 10M Africans’ Initiative to Boost AI Education Across the Continent appeared first on Tech In Africa.

Tunisia is seeking to suspend Bolt, one of the country’s leading ride-hailing services, following allegations of tax evasion, money laundering, and operating without the necessary licenses. According to a statement from the transport ministry, authorities have seized 12 million dinars ($3.8 million) from accounts connected to several ride-hailing apps, including Bolt, accusing them of illegally […] The post Tunisia Seeks to Suspend Bolt Over Allegations of Tax Evasion and Money Laundering appeared first on Tech In Africa.

Ethio Telecom and MultiChoice Africa have announced a strategic partnership to provide Ethiopian consumers with enhanced access to digital entertainment. The collaboration introduces bundled packages combining high-speed fiber broadband and mobile data with DStv entertainment services, offering a seamless and cost-effective solution for modern content consumption. With Ethiopia’s increasing demand for digital services, the partnership […]

PalmPay Launches First Debit Card with Verve, Expanding Its Digital Banking Services PalmPay, a Nigerian fintech with over 35 million users, has introduced its first debit card in partnership with… TechCity

How to Protect Your WhatsApp Chats from Hackers WhatsApp is one of the most widely used messaging apps, making it a prime target for hackers. While… TechCity

Microsoft Tightens Windows 11 Setup Microsoft is doubling down on its requirement for Windows 11 devices to be set up with an internet-connected… TechCity

With TRACE, and emphasis on commodities, Sabi aims for transparency and trust in Africa's commodities' supply chain. .