| By: Francis Onyemachi Nigeria has maintained its position as Africa’s leading fintech ecosystem, with the combined valuation of its fintech companies now exceeding $10.6 billion across more than 500 firms. The figures are contained in the State of Enterprise Report 2026 released by EnterpriseNGR,
South African AI startup HyperDev has raised more than $1 million (R16 million) in pre-seed funding to expand a software development platform that helps users turn AI-generated code into fully deployed applications. The round was backed by venture capital investors from Europe and the UK, underscori
The Nigerian government has halted the enforcement of overlapping rules for internet platforms, marking its strongest move yet to create a single regulatory framework for the digital economy.
According to the minister, the rapid growth of Nigeria's digital economy has created areas where the responsibilities of regulators now overlap. The post FG Suspends New Digital Regulations as It Works on Unified Policy appeared first on Tech | Business | Economy.
On Techpoint Digest, we discuss the suspension of operations by Nigerian startup FoodCourt, the SEC adding two new crypto companies to ARIP, the possibility of Kenyan ISPs charging by data usage, and the success of Pick n Pay's digital grocery push.
In today's edition: Flutterwave raises from Circle Ventures || Kenya launches ICT sandbox || Nigeria wants one rulebook for the Internet || Traffic is making Starlink users queue
Andrea Aid, a Port Harcourt-based startup is building a medical crowdfunding platform that helps patients raise money for treatment by connecting them with donors.
Catalyst Fund has secured $30 million in commitments for its Africa-focused climate resilience investment strategy, attracting new backers including the International Finance Corporation, Shell Foundation and Trafigura Foundation as investors increase their bets on adaptation technologies across the
Jubilee Group is partnering with BimaLab, FSD Africa’s insurtech accelerator, to develop and test new insurance products aimed at reaching low-income consumers and small and medium-sized enterprises (SMEs), targeting one of the largest untapped segments in East Africa’s financial sector. The initiat
Kano, Enugu and Abuja DisCos decline Nigeria’s electricity distribution companies installed 357,495 meters in the first quarter of 2026, the Nigerian Electricity Regulatory Commission (NERC) said in its Q1 2026 report, describing the number as the highest quarterly deployment in five quarters. NERC
Twenty startups advanced to the final pitch, where 10 emerged as winners. Data Entry Academy took the top prize, followed by startups from Egypt and Senegal in second and third place, respectively.
Airtel Africa Foundation has commenced the DigiLeap Women in Tech Programme, a transformative initiative designed to equip 200 young women from underserved communities in Ikorodu, Lagos, with industry-relevant digital skills. Through Airtel Nigeria and in partnership with the Ishk Tolaram Foundation
| By: Francis Onyemachi African startups raised $3.9bn across 506 deals in 2025, marking a strong recovery in fundraising after a challenging period for the continent’s venture capital market. This was disclosed in a new report by Bloomwit Africa, which showed that total technology funding exceeded
As conversations around Artificial Intelligence (AI) continue to dominate headlines globally, there is a growing need for greater public understanding of the digital infrastructure that powers emerging technologies. While much attention is focused on AI applications and breakthroughs, experts say me
ProjKonnect, an education technology firm, has launched an artificial intelligence-powered academic platform, Gemnex App, integrated with WhatsApp, as part of efforts to address learning gaps in Nigerian universities and improve students’ access to quality academic support. The launch comes amid per
Catalyst Fund has secured $30 million in commitments for its Africa-focused climate resilience investment strategy, attracting new backers including the International Finance Corporation, Shell Foundation and Trafigura Foundation as investors increase their bets on adaptation technologies across the
Open Startup, a pan-African organization supporting entrepreneurship and innovation ecosystems, is shifting its focus toward science and deep technology ventures as it enters its second decade of operations, seeking to help research-led startups bridge the gap between laboratories and commercial mar
