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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.
52% of investors do not want to invest in cryptocurrencies in 2023; interest is now shifting to AI
According to a report titled ‘Catching the Eyes of Investors’ by the business lending firm Clarify Capital, more…
Only 14% of African tech startup founders are women; here are the reasons and possible remedies
A Startup Genome survey has revealed that only about 14% of African tech startups have female founders, demonstrating…
How venture funding in Africa recorded an aggressive decline in Q1 2023
Coming on the heels of an impressive run last year, venture funding in Africa (un)surprisingly recorded a major…
Crypto scammers stole $452 million in Q1 2023; here is how you can stay safe
The crypto ecosystem has witnessed several hacks and exploits in recent years. These security challenges, including thefts, hacks,…
With 5 million subscriptions, South Africa leads the 5G race in Africa
The adoption of the much-talked-about 5G network appears to be on the rise in Africa, with South Africa…
Bitcoin outperforms other asset classes in Q1 2023; is this a time to invest?
Bitcoin’s momentum in 2023, in a bid to exit the market winter of 2022, has finally yielded some…
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…
