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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.
Despite impressive run, Africa’s venture funding failed to hit ‘magic figure’ in 2022
Despite witnessing a record fundraising haul in 2022, African startups failed to hit the ‘magic figure’ projected by…
Venture Capital funding in crypto startups declined by 75% in Q4 2022
Recent trends suggest that crypto startups are passing through a difficult phase in attracting private financiers. Venture Capital…
Bolt’s claim of offering the best mobility services in Nigeria raises questions about negligence
Bolt Nigeria was in the news for several negative reasons in 2022 despite claiming to offer the best…
Why African startups have raised more funding in 2022 than last year
This year, the global downturn in terms of venture capital (VC) funding affected nearly every region, with Africa…
Way forward as report says $10 billion will be laundered through crypto by 2025
As the crypto industry continues to expand and become mainstream, one of its most significant drawbacks, cited mainly…
ICT contribution to Nigeria’s GDP drops by 3.09% in Q3 2022
Last week, the National Bureau of Statistics (NBS) released Nigeria’s real Gross Domestic Product (GDP) report for the…
Will the latest Naira redesign affect the adoption of the eNaira?
Since Wednesday morning, Nigeria’s social media space has been awash with a flurry of comments in reaction to…
The aftermath of the FTX: Is blockchain doomed to die?
In the wake of the FTX scandal that has shaken the financial industry to its roots in the…
Jumia’s revenue jumps by 6% in Q3 2022 as company seeks to axe operating costs
The third quarter of the year saw Africa’s e-commerce giant Jumia record substantial growth in revenue and gross profit,…
Why Digital Immune System is important to the future of technology
The past decade has seen a rise in data breaches and other threats, raising serious concerns about the…
