As part of its commitment to fast-track Nigeria’s digital economy, the National Information Technology Development Agency has officially approved the 2025 Annual Report and the 2026 Business Plan of the Nigeria Internet Registration Association. The approval came during a meeting at NITDA headquarte
Zimbabwean startup SoshoPay is a fintech and data platform that enables banks, MFIs, and asset sellers to finance informal small businesses with confidence. Formed in 2022 after founders Simbarashe Gwenzi and Shirley Gwenze identified recurring challenges accessing finance for their own small busine
CargoX, a United Arab Emirates–based autonomous logistics platform, has raised $250 million from an investor group led by BlueFive Capital, marking one of the region’s largest bets on driverless delivery infrastructure. The company also named former Talabat Chief Executive Officer Tomaso Rodriguez a
Digital Africa has launched a €30 million seed-stage fund targeting early-growth startups across the continent, seeking to address a critical funding gap that continues to stall promising ventures before they reach scale. The DA Seed Fund (DASF), with a hard cap of €50 million and a 10-year investme
Binance, the popular cryptocurrency exchange, has appointed former M-Pesa Africa and Visa executive Sammy Mutua as General Manager for Africa, as it steps up efforts to expand across Sub-Saharan markets amid rising interest in digital assets. Based in Nairobi, Mutua will lead Binance’s regional stra
Cascador has awarded more than $5 million in debt and equity funding to seven African entrepreneurs at its 2026 Pitch Day in Nigeria, bringing total disbursements through the programme to over $9 million since inception. The post Cascador Awards Over $5 Million to Seven African Entrepreneurs at 2026
In today's edition: Uber to expand Kenyan operations || Amazon Prime launches in South Africa || ViaTunisia subsea cable goes live || Smartphones to cost Nigerians more
As global technology leaders gathered in Cannes, France, for the Datacloud Global Congress 2026, one question dominated discussions: how can nations harness digital infrastructure to drive economic growth and remain competitive in an increasingly AI-powered world? Representing Nigeria on the global
Nigeria’s smartphone market grew 8% year-on-year in Q1 2026, supported by demand for affordable 4G and 5G smartphones in the $200 to $299 segment, according to Omdia, a global technology market research firm.
South African fintech company Yoco has announced the acquisition of Dyner.ai, an AI-native operating system built for restaurants and independent businesses, marking another step in its evolution from a payments company into a broader commerce and operations platform for independent businesses. Yoco
When the Africa Finance Corporation (AFC) backs two very different fund managers in the same announcement, and a new philanthropic venture-builder launches with an ambitious manifesto within a fortnight, the question isn't necessarily which intervention is right.
African electric mobility company Spiro has secured $215 million in fresh equity funding, extending a series of major capital raises as investors increase their bets on the continent’s fast-growing clean transportation and energy infrastructure sector. The latest investment round, backed by Impact F
The need for investment-style digital asset products has created two types of workarounds—African exchange-traded funds (ETFs) and crypto treasuries—which began to gain momentum in 2025. If more companies make these alternative investment products widely available, it will solve the accessibility pr
In today's edition: Spiro raises $215 million || Brass to be folded into Paystack MFB || Pick n Pay’s old delivery app breached || GETESA to expand telecom infrastructure
On Techpoint Digest, we discuss why Bolt denies claiming it will shut down operations in Kenya, how Brass is disappearing into Paystack, and the human cost of artificial intelligence.
Cet article est aussi disponible en français First published 31 May, 2026 It is not every day you watch very smart people deliberately contradict themselves, but if you were at the 3i Africa Summit in Accra earlier this month, you might have seen it happen. Premier Oiwoh is the chief executive offic
On Techpoint Digest, we discuss Nigerian POS agents facing a showdown with Verve and Interswitch, Orange Liberia fined $21,880 for unauthorised SIM swap, and SA to close crypto loophole following court ruling.
