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Technext provides unparalleled access to news stories and events shaping the African tech world today.
How smart contracts can reduce fraud and reverse Africa’s poor service culture
By Ediri Asher Unoroh The phrase smart contracts might be a tad complicated if you are new to…
Tanzania’s NALA raises $10m seed funding for expansion and talent acquisition
NALA, a Tanzanian cross-border payments company has raised $10 million in a seed funding round. The round was…
VC firm, TLcom Capital, plans $150m fundraise to invest in early and late-stage African startups
Africa-focused venture capital company, TLcom Capital is looking to raise $150 million for its second round of investment…
Nigeria’s digital currency, eNaira records less than 10% P2P transactions in 3 months
In October 2021, Nigeria became the first African country to adopt a digital currency, the eNaira. Three months…
Ghana’s OZÉ raises $3m in pre-series A round to scale operations in Ghana and Nigeria
Ghana-based fintech startup, OZÉ has closed a $3m investment via a pre-series A round to expand the capabilities…
Facebook’s Libra cryptocurrency project reportedly halted due to regulatory pressure
Meta Platform Inc., the parent company of Facebook, Whatsapp and Instagram may finally be abandoning its grand cryptocurrency…
Nigeria has the 24th most expensive electricity tariff in Africa, Libya leads with the cheapest
Electricity remains a crucial aspect of contemporary living and a major force powering the economies of countries around…
Tunisia’s Instadeep raises $100m in Africa’s first funding mega round of 2022
Artificial intelligence is the simulation of human intelligence processes by machines, especially computer systems. AI, as it is…
Meta introduces SuperCluster, an AI supercomputer for metaverse research
According to Meta, the RSC was built following a period of work with a number of long-time partners...
Uber launches UberMoto in Ibadan, the latest of its product offerings in Nigeria
Ride-hailing company, Uber, has announced the addition of a motorbike section, UberMoto, to its product offering in Nigeria.…
