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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.
Tech layoffs in 2023 have already exceeded half of 2022’s total, but here is why the industry would be fine
The tech unemployment rate is falling despite the current acceleration in job cuts at high-profile companies.
60% of enthusiasts haven’t heard of Utility NFT; they splash money on worthless jpegs
New research has shown that a lot of work needs to be done in the NFT sector. According…
Egypt, South Africa drop as other African countries rise in 2022 internet speed ranking
Over seven African countries have gone up by five positions in a new internet speed ranking, according to…
As Nigeria makes herculean shift to cashless society, e-payment transactions record boom
Nigeria’s current cash crisis, evident by naira scarcity following a now-controversial move to replace three higher-denomination currency notes,…
With fintech predicted to lose its popularity, where is Africa’s venture funding headed in 2023?
"While fintech retained its lead as the most popular space, the growth is smaller than in other verticals; and the narrowing of margins shows other sectors are starting to attract larger amounts of funding"
Crypto staff layoffs: 2900 jobs were lost in January despite bitcoin’s rise
Although there was a market rally and a fresh sense of normalcy in the crypto space in the…
Top cybersecurity predictions for African businesses in 2023, according to experts
As Africa’s digital transformation continues to grow, the continent is at risk of cyber threats. With more Africans…
Finder report predicts Bitcoin to peak at $29k in 2023; how realistic is this?
As the crypto market continues to shrug off the bear market of 2022, there are indications that 2023…
E-commerce still accounts for the largest chunk of global digital economy despite challenges
Several dramatic events shook the world in 2022. The Russia-Ukraine war, inflation, supply chain shocks, and others pointed…
Report says Crypto market recorded 119 million new owners in 2022 despite dip
According to a 2022 Crypto.com market sizing report, 119 million new crypto owners were added between January to…
