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Industry Analysis
207 posts
Technext industry analysis helps you see beyond the headlines by following the news behind the news, following through, revealing what is in-between and pointing out what is evident but not glaring.
Why the ‘Big 4’ remains the darlings of venture funding in Africa
When you talk about venture funding in Africa, what ordinarily comes to mind is the ‘Big Four’—Nigeria, Egypt,…
NFT wash trading increased by 126% in February; are most NFT transactions fake?
A new report from Blockchain data aggregator CoinGecko says the NFT market recorded a 126% increase in wash…
SVB collapse: Now is the time for African startups to rethink VC funding
In the aftermath of the sudden collapse of Silicon Valley Bank (SVB), questions about what’s next for the…
Why CBN’s new 18% interest rate could spell doom for Nigerian businesses
In a move to contain Nigeria’s inflationary pressure, the Monetary Policy Committee (MPC) of the Central Bank of Nigeria…
eNaira sees a 63% spike in transactions amid Naira scarcity, yet most Nigerians remain indifferent
Nearly two years after its launch, the Nigerian Central Bank Digital Currency (CBDC), the eNaira, is finally showing…
Why the world’s cheapest and most expensive broadband are both in Africa
At a time when the demand for internet access is on the rise globally, Africa is home to…
Failed cashless transactions shrink e-payment in Nigeria by 4.8% in February
The value of e-payment transactions in Nigeria fell to N37.67 trillion in February, the latest data from the…
Stablecoins are becoming unstable; will $USDC end up like Terra’s $UST?
The crypto community was in temporal jeopardy over the weekend when, due to reports that several crypto-friendly banks…
Nigerians’ cinema behaviour is quite inconsistent, and not even cultural nuances can explain
A cultural factor that can influence cinema behaviour in Africa is the role of storytelling. In many African cultures, storytelling is a significant part of the oral tradition
Nigeria’s broadband penetration hits 48% contrary to FG’s previous claim of 100%
Nigeria's broadband penetration monthly growth rate just 0.5%