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Technology
BEAC Executes Record 420 Billion CFA Francs Liquidity Injection to Support CEMAC Banks Amid Economic Pressures
The Bank of Central African States (BEAC), central bank for the six CEMAC member countries—Cameroon, Congo, Gabon, Equatorial Guinea, Chad, and the Central African Republic—announced on May 27, 2025, a record liquidity injection of 420 billion CFA francs to commercial banks across the region. This is the largest liquidity provision since BEAC resumed such operations […] The post BEAC Executes Record 420 Billion CFA Francs Liquidity Injection to Support CEMAC Banks Amid Economic Pressures appeared first on Tech In Africa.
Tech In Africa -
Africa’s Capital Flight Crisis: A $587 Billion Drain Undermining the Continent’s Development Potential
The African Development Bank’s (AfDB) 2025 economic outlook has spotlighted a staggering financial hemorrhage: Africa loses over $587 billion annually due to capital flight—money that could otherwise transform the continent’s infrastructure, social services, and economies. This crisis persists amid a glaring funding shortfall, with external capital inflows totaling only $190.7 billion, a fraction of what […] The post Africa’s Capital Flight Crisis: A $587 Billion Drain Undermining the Continent’s Development Potential appeared first on Tech In Africa.
Tech In Africa -
Konexa’s $80 Million Solar Project Backed by SCAF Signals a Major Boost for Nigeria’s Energy Transition
Konexa, a prominent renewable energy developer and investor, is accelerating Nigeria’s clean energy growth with a landmark $80 million solar power project supported by the Seed Capital Assistance Facility (SCAF). Confirmed on May 26, 2025, this funding partnership underpins the development of a 50 MW solar power plant and associated infrastructure, set to power two […] The post Konexa’s $80 Million Solar Project Backed by SCAF Signals a Major Boost for Nigeria’s Energy Transition appeared first on Tech In Africa.
Tech In Africa -
Beyond the Numbers: How Africa’s Tech Ecosystems Are Redefining Innovation on Their Own Terms
The Dealroom Global Tech Ecosystem Index 2025 has thrust African cities such as Lagos, Nairobi, and Johannesburg into the global spotlight as rapidly emerging hubs of technological innovation. While headlines often focus on unicorn counts and skyrocketing valuations, the true story of Africa’s tech renaissance is far richer — it’s a story of resilience, radical […] The post Beyond the Numbers: How Africa’s Tech Ecosystems Are Redefining Innovation on Their Own Terms appeared first on Tech In Africa.
Tech In Africa -
Morocco Joins Africa’s Top 10 Startup Ecosystems, Narrowing the Gap with Continental Leaders
According to the 2025 Global Startup Ecosystem Index by StartupBlink, Morocco has officially entered the top 10 African startup ecosystems, ranking 88th globally. This marks a four-spot improvement from its 92nd position in 2024, driven by a 23% year-over-year growth rate — the highest among North African nations. How Morocco Compares Regionally and Continentally Within […] The post Morocco Joins Africa’s Top 10 Startup Ecosystems, Narrowing the Gap with Continental Leaders appeared first on Tech In Africa.
Tech In Africa -
NRF and Mintek Forge Partnership to Transform South Africa’s Mining Landscape
The National Research Foundation (NRF) and Mintek have signed a strategic Memorandum of Understanding (MoU) that marks a significant step toward fostering innovation, scientific excellence, and sustainable progress in South Africa’s mining industry. The signing of the MoU signals the formalization of a deep and forward-looking partnership between two of the nation’s major science and […]
IT News Africa -
Africa’s Digital Ascent: 5 Strategic Cybersecurity Bets to Lead, Not Lag
Africa’s digital revolution is accelerating. With over 600 million internet users projected by 2028 and mobile platforms transforming service delivery, cybersecurity is no longer a technical safeguard; it is a business-critical enabler of trust, investment, and digital transformation. As the continent connects, exposure rises. Threat actors are evolving, regulatory environments are tightening, and the skills […]
IT News Africa -
How Can South African Enterprises Embrace Air-Gapped Security?
South African organizations are becoming increasingly vigilant about addressing the growing cyberthreat landscape. In fact, more local companies are prioritizing cyber risk mitigation than the global average. Despite these efforts, the financial impact of unauthorized access and cyberattacks has been significant. Some of the most severe breaches cost South African companies between R18 million and R361 million […]
IT News Africa -
G+D’s Convego Message Smart Interact Connects Paper to Digital Banking
G+D’s Convego Message Smart Interact Connects Paper to Digital Banking Munich-based security tech firm Giesecke+Devrient (G+D) has launched Convego Message Smart Interact, a smart solution that turns traditional… TechCity
Tech City NG -
Stitch Secures $10 million In Funding To Simplify Banking And Payments Innovation
Stitch Secures $10 million In Funding To Simplify Banking And Payments Innovation Stitch (www.stitch.sa), the unified platform for launching and scaling financial products, today announced the successful closing of a $10… TechCity
Tech City NG -
EmoSIM Launches Nigeria’s First Travel eSIM: No SIM Cards, No Roaming Surprises
EmoSIM Launches Nigeria’s First Travel eSIM: No SIM Cards, No Roaming Surprises Imagine arriving in a new country, switching on your phone, and instantly having access to local data, voice,… TechCity
Tech City NG -
The Future of Intelligent, Autonomous Systems (Part 1)
Agentic artificial intelligence (AI) marks a significant evolution in artificial intelligence, enabling systems to function independently without constant human intervention. Unlike traditional AI, which relies on predefined instructions, agentic AI can make decisions, take actions, and learn in real-time. This autonomy allows it to adapt to changing circumstances, optimize workflows, and achieve complex objectives with […]
IT News Africa -
 
 
TerraPay Partners Wave Mobile Money to Enhance Cross-Border Remittance Services in West Africa
TerraPay, a global money movement company, has partnered with Wave Mobile Money, a mobile money provider in West Africa, to improve cross-border remittance services. This partnership allows Malians to receive money from abroad directly into their Wave mobile wallets, making it faster, more accessible, and cost-effective. It is reported that over 80% of Mali’s population […]
IT News Africa -
”Only 5% of South African Businesses Cyber Ready as AI Accelerates Threat Landscape” – Cisco
According to Cisco’s 2025 Cybersecurity Readiness Index, only 5% of organizations in South Africa are fully prepared to defend against modern attacks. Accelerating AI threats are also leaving most South African businesses vulnerable to attacks as they remain at the formative stage of security readiness, with a critical skills gap compounding the risk. The Index […]
IT News Africa -
5 Customer Acquisition Tips for African Startups
Explore effective customer acquisition strategies tailored for African startups, addressing unique market challenges and leveraging local insights. The post 5 Customer Acquisition Tips for African Startups appeared first on Tech In Africa.
Tech In Africa -
GriffithRAT Malware: 5 Tips Protect Yourself
GriffithRAT is typically disguised as files containing financial trend analysis or investment advice. These deceptive tactics target both organizations and individual traders who unknowingly download the malware. Once downloaded, it enables attackers to steal login credentials, capture screenshots/webcam streams, log keystrokes, and monitor user activity. The stolen data can be exploited in a variety of […]
IT News Africa -
The Best Pokemon GO Spoofing Tool for iOS & Android 2025
You open Pokémon GO and catch Lapras at Santa Monica Pier without leaving your room. That is the magic of spoofing because it turns your couch into a world tour. By 2025, this trick has become more complex. Niantic’s detection relies on AI surveillance, real-time tracking, and server-side checks. It compares your GPS with your […]
IT News Africa -
Usave Enhances Store Efficiency with Azoteq’s SmartSense Tech in South African Outlets
In response to rising energy prices, Usave, the Shoprite Group’s no-frills discount stores, recently implemented an advanced loss prevention system designed to reduce costs and boost operational efficiency in its supermarkets. The SmartSense™ technology system, in partnership with South African tech company Azoteq, will track power consumption and facilitate rotational switching of store equipment during […]
IT News Africa -
Payoneer Payment Gateway For WordPress Site
If you’re running a WordPress-powered online store or service-based website and looking for a simple way to accept global payments, Payoneer could be a powerful solution. While Payoneer is mostly known for facilitating cross-border payments and offering global receiving accounts, it can also be used as a payment gateway for your WordPress site—especially if you’re […]
OgbongeBlog -
Sentz Rolls Out ‘Earn’ Feature, Offering Nigerians Up to 8% Rewards on Stablecoin Balances
Sentz Rolls Out ‘Earn’ Feature, Offering Nigerians Up to 8% Rewards on Stablecoin Balances Global payments app, Sentz, has announced the official launch of ‘Sentz Earn’, a rewards feature that allows Nigerian… TechCity
Tech City NG -
PCI DSS Certification in Africa: Key Steps
Achieving PCI DSS certification is crucial for African startups, ensuring payment data security and fostering growth in the fintech sector. The post PCI DSS Certification in Africa: Key Steps appeared first on Tech In Africa.
Tech In Africa -
WhatsApp for iPad Is Finally Here: 15 Years Later
WhatsApp for iPad Is Finally Here: 15 Years Later Meta has officially launched a dedicated WhatsApp for iPad app more than 15 years after the messaging service… TechCity
Tech City NG -
7 Tools Every Aspiring Online Trader Should Know
7 Tools Every Aspiring Online Trader Should Know Getting started in online trading can be overwhelming. Markets move fast, charts look complex, and the internet is… TechCity
Tech City NG -
Smart Cities in Africa: Economic Benefits Explained
Explore how smart cities in Africa drive economic growth through job creation, efficient resource management, and technological innovation. The post Smart Cities in Africa: Economic Benefits Explained appeared first on Tech In Africa.
Tech In Africa -
 
 
Egypt’s First SPAC Deal Signals New Era for Fintech Growth and Public Markets
In a historic development for Egypt’s financial sector, Catalyst Partners Middle East finalized the nation’s first special purpose acquisition company (SPAC) merger by acquiring digital lending startup Qardy in a transaction worth EGP 1.16 billion (approximately $23.15 million). Announced this week, the deal marks Qardy as the first fintech startup in Egypt to go public […] The post Egypt’s First SPAC Deal Signals New Era for Fintech Growth and Public Markets appeared first on Tech In Africa.
Tech In Africa -
Egypt’s New Tax-Free Zones Aim to Boost Tech Startups and Stem the Talent Exodus
Foreign currency shortages and bureaucratic obstacles are driving Egyptian startups to move overseas, but Cairo is responding with a new incentive: tax-free zones aimed at helping tech companies grow. The government aims to keep entrepreneurs in the country and draw regional investors by offering simplified regulations, customs exemptions, and expedited licensing. However, it remains uncertain […] The post Egypt’s New Tax-Free Zones Aim to Boost Tech Startups and Stem the Talent Exodus appeared first on Tech In Africa.
Tech In Africa -
Lagos Emerges as World’s Fastest Growing Tech Hub
Lagos ranks as the world’s fastest-growing tech ecosystem in Dealroom.co’s Global Tech Ecosystem Index 2025. With a population of 21.3 million, the Nigerian city has recorded an 11.6-fold increase in startup enterprise value since 2017, despite persistent issues like unstable infrastructure and difficulties retaining talent. The index evaluates 288 global tech hubs on metrics like […] The post Lagos Emerges as World’s Fastest Growing Tech Hub appeared first on Tech In Africa.
Tech In Africa -
Aruwa Capital Management Secures $35 Million to Boost Women-Led Businesses in West Africa
Aruwa Capital Management, a female-led private equity firm in Lagos, has secured $35 million in the second close of its gender-focused fund, Aruwa Capital Fund II. The fund seeks to address the early-stage financing gap for women-led and gender-diverse enterprises in Nigeria and Ghana. The recent funding round drew investments from major institutions such as […] The post Aruwa Capital Management Secures $35 Million to Boost Women-Led Businesses in West Africa appeared first on Tech In Africa.
Tech In Africa -
Tendo Technologies Acquires Shopa to Transform Africa’s Retail Supply Chains
Ghanaian retail technology firm Tendo Technologies has revealed its strategic acquisition of Shopa, another Ghana-based company, through a cash-and-stock agreement designed to transform supply chain infrastructure throughout Africa. Established in 2021, Tendo empowers individuals to start and expand online businesses without upfront capital by linking them to suppliers. The platform supports a strong network of […] The post Tendo Technologies Acquires Shopa to Transform Africa’s Retail Supply Chains appeared first on Tech In Africa.
Tech In Africa -
Kofa Secures $8M to Scale Battery Swapping and Power West Africa’s Clean Energy Future
Kofa, a clean-tech startup based in Ghana, has secured $8 million via a special purpose vehicle (SPV) to scale its battery-swapping infrastructure, with the goal of boosting electric mobility and promoting clean energy adoption throughout West Africa. The round was led by impact investor PASH Global, with key backing from the Shell Foundation and the […] The post Kofa Secures $8M to Scale Battery Swapping and Power West Africa’s Clean Energy Future appeared first on Tech In Africa.
Tech In Africa -
Technology Transfer Laws in Africa: Key Insights
Explore how technology transfer laws in Africa impact innovation and economic growth, highlighting challenges and solutions for startups. The post Technology Transfer Laws in Africa: Key Insights appeared first on Tech In Africa.
Tech In Africa -
NCC Mandates Telcos To Notify Consumers, Offer Compensation For Major Network Outages
The Nigerian Communications Commission (NCC) has issued a new directive compelling telecom operator to notify consumers of major network outages, providing full details of the disruption, affected areas, and expected service restoration timelines. According to the NCC, the new policy, titled “Directive on Reportage of Major Network Outages by Mobile Network Operators (MNOs)” is designed […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.
BizwatchNigeria -
Meta Ordered To Pay $220 Million Fine Over Data Privacy Violations In Nigeria Within 60 Days
Meta Platforms Inc., the parent company of Facebook and WhatsApp, has been directed to pay a staggering $220 million fine to Nigerian authorities following a decisive ruling by the Competition and Consumer Protection Tribunal. The tribunal’s order, issued on Friday, April 25, 2025, reinforces the penalty previously imposed by the Federal Competition and Consumer Protection […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.
BizwatchNigeria -
Google Marketing Live 2025 Unveils AI-Powered Future Of Advertising
In a sweeping showcase of cutting-edge innovation, Google Marketing Live (GML) 2025 revealed its boldest vision yet for the future of advertising—one deeply intertwined with artificial intelligence, cross-platform insights, and first-party data empowerment. Marketers tuning in from around the world witnessed an array of powerful new tools and updates designed to help brands adapt to […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.
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Microsoft’s Aurora AI Can Now Predict Air Quality, Not Just Weather
Microsoft’s Aurora AI Can Now Predict Air Quality, Not Just Weather Microsoft’s AI model for weather forecasting, Aurora, is getting a major upgrade where it can now accurately predict… TechCity
Tech City NG -
Kenya vs. Nigeria: Startup Funding Comparison
Explore the contrasting startup funding landscapes of Kenya and Nigeria, highlighting their unique strengths and challenges in the African tech ecosystem. The post Kenya vs. Nigeria: Startup Funding Comparison appeared first on Tech In Africa.
Tech In Africa -