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Technext provides unparalleled access to news stories and events shaping the African tech world today.
Plateau State government partners with Algorand to explore blockchain use cases
The government of Plateau State, Nigeria has partnered with a non-profit organisation, Algorand Foundation to foster innovation and…
Jumia posts 90% year-over-year decline in operating loss in 2023, declares optimism for 2024
Amidst the backdrop of global economic uncertainties, Jumia, the preeminent e-commerce platform in Africa, concluded the year 2023…
X agrees ‘fair settlement’ for former employees in Ghana 7 months after $500m lawsuit
By Abdullahi Abdullateef Elon Musk and X formerly known as Twitter, have agreed to pay a fair settlement…
Partech secures $300m to invest in Africa, expands operations into Lagos with new office
A global investment firm, Partech has announced the final closing of its second Africa-focused fund, Partech Africa II,…
Leatherback set for international growth as EFCC drops all fraud and misconduct allegations
Nigeria’s Economic and Financial Crimes Commission (EFCC) has dropped all allegations of fraud and misconduct against Leatherback, a…
Sports betting: Nigerian lawmaker denies moving motion to ban
There were reports on Thursday that the Nigerian House of Representatives had resolved to ban sports betting in…
Showmax overtakes Netflix as Africa’s biggest streaming platform with 39% share
Showmax increased its market share in Africa to 39 per cent. This was way higher than Netflix which claimed 33.5 per cent of the African market share.
Nigerian cleantech startup Arnergy secures $3m funding for energy expansion
Nigerian clean technology startup, Arnergy, has secured a $3 million funding boost from All On to accelerate the…
OpenAI launches Sora, an AI tool that creates 1-minute videos with text instructions
OpenAI, the company behind ChatGPT, has announced the release of a new video-generation software called Sora. In an…
