Naija News Feed
Technology
Paystack Launches Holding Company After Hitting Profitability, Payment Volumes Surge 12x Since Stripe Acquisition
African fintech Paystack has reached a pivotal moment in its growth trajectory, announcing profitability alongside the creation of a new holding company structure as payment volumes have multiplied twelvefold since its 2020 acquisition by Stripe. The Stack Group (TSG), established as the parent entity for Paystack and its expanding portfolio of financial technology brands, represents […] The post Paystack Launches Holding Company After Hitting Profitability, Payment Volumes Surge 12x Since Stripe Acquisition appeared first on Tech In Africa.
Tech In Africa -
MyCredit Secures $3 Million in Senior Debt to Strengthen Balance Sheet and Expand Lending Capacity
MyCredit, a Kenyan digital lender and non-deposit-taking microfinance institution, has successfully raised USD 3 million in senior debt from an international microfinance lender. This marks a significant milestone as MyCredit celebrates a decade of operations. The transaction brings the total debt capital raised by the institution to approximately USD 13.6 million, with Noblestride Capital providing […] The post MyCredit Secures $3 Million in Senior Debt to Strengthen Balance Sheet and Expand Lending Capacity appeared first on Tech In Africa.
Tech In Africa -
Gates-backed Elimu-Soko opens $150,000 funding call for classroom innovations across Africa
The programme is offering grants of up to $150,000 for organisations operating in Ghana, Nigeria, Senegal, Côte d’Ivoire, Ethiopia, Tanzania, Kenya, South Africa, and Mozambique. 
TechCabal -
Africa leads on private capital diversity, women still get less money
In Africa, women make up 38% of investment professionals, which exceeds the global average, where women account for about 35% of investment teams, as well as the regional average in Europe (24%). 
TechCabal -
Payfast by Network Unpacks the Digital Payment Landscape
Payfast by Network, part of Network International, a fintech company in Africa and the Middle East, has launched the fifth edition of its State of Pay report, providing an in-depth look into South Africa’s digital payments landscape. Under the theme of ‘Powering Economic Growth Through Evolving Payments,’ the 2025 edition explores how digital payment methods […]
IT News Africa -
Navigating Lagos without a white cane showed me what assistive tech can and can’t do 
I tried out EyeGuide, a navigation app designed to help blind people move independently in Nigeria, and this is how it went.
TechCabal -
FairMoney Delivers Over ₦7bn in Interest to Savers as Loan Disbursements Cross ₦150bn Milestone
FairMoney Delivers Over ₦7bn in Interest to Savers as Loan Disbursements Cross ₦150bn Milestone FairMoney has announced that over the past year, it disbursed over ₦150 billion in loans. During the same period, the leading… TechCity
Tech City NG -
After two tough years, Nigerian startups could get macro relief
Nigeria’s economy is expected to grow by 4.4% in 2026, according to the International Monetary Fund (IMF).  If achieved, it would mark the country’s fastest annual growth rate in over a decade (outside the 5% growth recorded in Q2, 2021) and reinforce optimism that Africa’s most populous country may be turning a corner.
TechCabal -
Building Trust in Your Customer Communications
How Industry Standards and Regulations Make SMS More Valuable for Brands and Customers In an age where true attention has become one of the scarcest commodities in customer engagement, the decades-old SMS channel continues to command exceptionally high open rates and high perceived importance. It’s largely thanks to tight regulations and industry oversight that SMS […]
IT News Africa -
5 CX Trends Businesses can’t Afford to Ignore in 2026
Customers know what they want and deserve from their experiences when interacting with organisations. They are also the first to know when the bar is raised in CX. The CX trends that will shape the industry in 2026 are also the ones that customers will be building expectations on.  For organisations looking to 2026, the […]
IT News Africa -
Stop Asking Which AI Translator Is Best – Start Asking How Translation Gets Verified: Inside SMART’s 22-Model Consensus
The enterprise translation challenge isn’t “bad wording”, it’s costly mistakes hiding behind fluent text. MachineTranslation.com’s SMART feature introduces verification-first translation through multi-engine consensus, reducing AI errors by up to 90% and reshaping how African enterprises approach multilingual content. For African enterprises navigating global business, the question has shifted from whether to use AI translation to […]
IT News Africa -
Africa CDC & Informa Markets Partner to Strengthen Africa’s Leading Public Health Platform
The Africa Centres for Disease Control and Prevention (Africa CDC) has signed a Memorandum of Understanding (MoU) with Informa Markets, a global leader in live and on-demand events and data services. Africa CDC Director-General Dr Jean Kaseya and Informa Markets President for Middle East, India, Türkiye & Africa, Mr. Peter Hall, signed the agreement, which […]
IT News Africa -
 
 
The Gig Economy: Yango Partners Earned $4B in 2024
Yango's platform enabled partners across Africa to earn $4B in 2024 via ride-hailing, delivery, in-app loans, vehicle financing and digital skills programs. The post The Gig Economy: Yango Partners Earned $4B in 2024 appeared first on Tech In Africa.
Tech In Africa -
Francophone Africa’s guide to scaling and exits from startups that did it
Francophone Africa’s startup ecosystem is moving beyond experimentation. Drawing lessons from 2025, this edition examines how founders can navigate small markets, balance debt and equity, and build for credible exits while attracting institutional and venture capital.
TechCabal -
NWU becomes first African university with official AI policy
NWU becomes first African university with official AI policy The North-West University (NWU) in South Africa has become the first African university to adopt an official artificial… TechCity
Tech City NG -
EIRS takes centre stage at Digital Insurance MENA 
EIRS takes centre stage at Digital Insurance MENA  to shape Africa–Middle East industry dialogue Dubai’s Digital Insurance MENA conference is opening today, a key platform for cross-regional knowledge exchange this January,… TechCity
Tech City NG -
Paystack Launches Holding Company, The Stack Group (TSG)
Paystack Launches Holding Company, The Stack Group (TSG) Paystack, a company solving payments problems for ambitious businesses in Africa, today announces the launch of The Stack Group (TSG),… TechCity
Tech City NG -
nCino Acquires DocFox for $75M: A Win for African Compliance Tech
nCino paid $75M for DocFox, rebranding it as nCino KYC Africa to speed KYC/AML onboarding, cut compliance costs, and scale RegTech across Africa. The post nCino Acquires DocFox for $75M: A Win for African Compliance Tech appeared first on Tech In Africa.
Tech In Africa -
Forgot iPad Passcode? Learn How to Unlock a Disabled iPad
Have you ever picked up your iPad and realized you forgot iPad passcode, leaving the device completely locked? This situation can be stressful, especially when you need quick access to your files, photos, or apps. Many users face this problem after entering the wrong code too many times or not using their iPad for a […]
IT News Africa -
Kesheni Moodley Joins Paymentology to Drive Growth Across Africa
Paymentology today announced the appointment of Kesheni Moodley as Regional Director for Africa, further strengthening its regional leadership as demand for modern, cloud-first issuing infrastructure accelerates across African markets. Kesheni brings more than 20 years of experience across the ICT, payments, and enterprise technology sectors, spanning client relationship development, commercial leadership, business development, and operational transformation. […]
IT News Africa -
AVEVA Appoints Khaled Salah as Vice President of Africa
AVEVA, a global leader in industrial software, driving digital transformation and sustainability, today announces the appointment of Khaled Salah, 37 years old, as Vice President of Africa. In this new role, he will be responsible for about 30 employees to ensure the successful implementation of AVEVA’s growth strategy. Khaled Salah will report directly to Jesus […]
IT News Africa -
Paystack restructures to holding company after hitting group profitability
Paystack is transitioning into TSG, a holding company housing its different businesses, after hitting group profitability.
TechCabal -
8 Key Trends that will Define Africa’s Cyber Security Landscape in 2026
Check Point® Software Technologies Ltd. has released a definitive outlook on the 8 critical trends set to shape Africa’s digital turning point in 2026. The implementation of these will increasingly require the government, the private sector, and key civic institutions to cooperate and partner to overcome the onslaught of cybersecurity challenges facing the continent, Check […]
IT News Africa -
👨🏿‍🚀TechCabal Daily – IP-oh no
In today's edition: Kenya's first IPO in 11 years || Sentech investigated for monopolistic behaviour || Podcasts could get regulated in South Africa || South Africa blows hot about spam calls—again
TechCabal -
 
 
Startup World Cup Opens Applications for Abuja Regional Competition with $1M Global Prize
The 2026 RegTech Africa Conference & Exhibition will host the prestigious Startup World Cup Regional Competition in Abuja, marking a significant milestone for Africa’s innovation and entrepreneurship ecosystem. Applications are now officially open for startups interested in registering and participating in this globally recognized competition. Organised in partnership with Pegasus Tech Ventures, the Startup World […] The post Startup World Cup Opens Applications for Abuja Regional Competition with $1M Global Prize appeared first on Tech In Africa.
Tech In Africa -
Commit Acquires Savannah in Multi-Million Dollar Deal to Access African Tech Talent
Commit, an Israeli technology firm that delivers software solutions to high‑tech companies and enterprises, has acquired Savannah, a startup dedicated to recruiting and employing seasoned developers from across Africa. While the exact value of the all-cash deal was not officially disclosed, it is estimated to be in the millions of dollars. Founded in 2022 by […] The post Commit Acquires Savannah in Multi-Million Dollar Deal to Access African Tech Talent appeared first on Tech In Africa.
Tech In Africa -
Why Shell Foundation and 500 Global built an accelerator for Africa’s climate startups
Shell Foundation is backing African climate startups at the riskiest stage, using grants and partnerships to bridge the gap before venture capital invests at scale
TechCabal -
Senegal vs. Morocco: A Tale of Two Startup Ecosystems
Senegal and Morocco have both been drawing attention lately – not only in sports, where Senegal defeated host Morocco in the dramatic 2025 AFCON final, but also in the tech arena. These two nations, one in West Africa and the other in North Africa, are emerging as startup powerhouses on the continent. Each country’s ecosystem […] The post Senegal vs. Morocco: A Tale of Two Startup Ecosystems appeared first on Tech In Africa.
Tech In Africa -
Don’t agree with your tax bill? Nigeria’s new law gives you 30 days to object
Nigeria’s new tax laws are designed to move money faster from the economy to the government. But that process does not start with payment; it begins with self-assessment. Once a tax authority issues an assessment, a taxpayer must pay within 30 days or object
TechCabal -
Tech Policy 2025: New Data Laws in Nigeria and South Africa
Summary of 2025 data law changes in Nigeria and South Africa, with key compliance steps, breach rules, fines, and startup guidance. The post Tech Policy 2025: New Data Laws in Nigeria and South Africa appeared first on Tech In Africa.
Tech In Africa -
After 11 years, Kenya finally breaks the IPO drought
The Kenyan government on Monday began selling a 65% stake in the state-owned Kenya Pipeline Company to raise $835 million for infrastructure in what would be its first IPO in over a decade.
TechCabal -
#DRA 2026: Africa’s Premier Summit on Fintech, AI, Regulation & Cybersecurity
Africa is undergoing a profound financial transformation driven by rapid technological advancements, with fintech and cross-border payments leading the charge. However, this digital surge heightens cybersecurity risks, with rising cyberattacks necessitating robust fraud prevention. Fintechs must prioritize compliance, identity verification, and advanced technologies like AI to safeguard sensitive data. AI is revolutionizing African banking by […]
IT News Africa -
African Tech M&A Activity Rose 34% in 2024: What to Expect
M&A in Africa's tech sector rose 34% as VC funding fell—fintech led deals, consolidation accelerated, and secondary markets gained momentum. The post African Tech M&A Activity Rose 34% in 2024: What to Expect appeared first on Tech In Africa.
Tech In Africa -
How Levvy Box turns Lagos traffic into a mobile advertising goldmine
Levvy Box is using glossy, illuminated boxes mounted on vehicle roofs to transform ride‑hailing cars and other fleets into moving billboards.
TechCabal -
2026 Predictions: Evolving Data Centers for an AI-driven Future
The AI disruptions of the past few years have only been the prologue to what’s coming in 2026: AI’s full integration into data center processes and builds. It’s a moment we’ve been building up to ever since OpenAI’s ChatGPT brought Artificial Intelligence into the mainstream in late 2022, sending shockwaves through everything from academia and […]
IT News Africa -
McDonald’s South Africa Recognized as a Top Employer for 2026
McDonald’s South Africa is pleased to announce its certification as a Top Employer for 2025 by the Top Employers Institute. This marks the third consecutive year that McDonald’s South Africa has received this accolade, coinciding with three decades of the company’s presence in the country. The recognition underscores the strength of McDonald’s South Africa’s human […]
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