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Industry Analysis
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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.
Nigeria’s remittance inflow to hit $26 billion by 2025 as Japa wave continues
Remittances are significant to the economies of low and middle-income countries. Even the United Nations Sustainable Development Goals…
Experts disagree on blockchain’s potential to save financial institutions $10bn by 2030
A new Ripple report projected that blockchain has the potential to save financial institutions $10 billion in cross-border transaction costs
Global healthtech funding drops to $3.4bn in Q2 as number of deals dip for sixth consecutive quarter
According to findings from CB Insights, funding for digital health startups dropped to $3.4 billion. The dip in…
Africa has the slowest internet speed globally despite emergence of 5G and Starlink- Cable Report
Despite the entry of Starlink, 5G infrastructure, and other steps to boost internet penetration, a study from Cable…
Nigeria behind South Africa and Kenya in usage and speed of electronic bank transfers – study
African countries preferred local banking partners and fintech platforms over offshore foreign accounts
Web3 funding decreased by 78%, but it’s not due to a lack of interest in cryptocurrency -VC investor Lexi Novitske
A new report from Crunchbase has shown that funding from venture capital (VC) into web3 startups plunged 78%…
Netflix posts 2.7% revenue growth, 5.9m new subscribers in Q2 despite password-sharing crackdown
Netflix crackdown on password-sharing appears to be working
Nigeria’s active internet connections hit 159.5 million, but what is 5G’s status in the country?
Nigeria recorded 159.5 million active internet subscriptions across fixed, mobile, and VOIP networks, in May 2023, according to…
Tech funding in Africa reduces by 37% but here is the way forward
Absolutely no one would have predicted that 2023 would be seen as the year of ‘record lows’, especially…
Bolt at 10: Small beginnings, big wins and global problems
Bolt's 10-year journey from small beginnings to big wins and global problems
