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Technext provides unparalleled access to news stories and events shaping the African tech world today.
Illegal Capital Repatriation: MTN Denies Wrongdoing, Says CBN Approved Dividends
The Central Bank of Nigeria has fined four Nigerians banks a total of N5.86 billion for illegally helping…
CBN Fines Four Banks for Illegally Aiding MTN in Repatriating $8bn Forex
MTN has apparently gotten itself into more trouble with Nigerian regulators. The Central Bank of Nigeria has hammered…
Finally, NCC Reportedly Approves Sale of 9Mobile to Preferred Bidder, Teleology Holdings
Just after about a year of growing uncertainties and a back and forth struggle surrounding the sale of…
MEST Welcomes its Latest Cohort of Entrepreneurs to the Class of 2019
The Accra-based Meltwater school of Technology (MEST) has chosen its largest cohort of Entrepreneurs in Training (EiTs) for…
SAP Next-Gen & Startubootcamp Announce the Epic SDG Water Challenge for Innovative Solutions
SAP Next-Gen, in partnership with StartupBootcamp (SBC), has launched the Epic Groundwater Challenge for African startups. The challenge…
Alosfarm Begins Tests for Datafarm, a New Big Data Platform for Nigerian Farmers
Nigerian startup, Alosfarm, has begun beta-testing a new big data platform solution for small farm holders. Pegged as Datafarm,…
The 5 Golden Girls From Anambra Get Cash, Scholarship from State Government
In recognition of their feat at the 2018 Technovation World Challenge, the Governor of Anambra State, Chief Willie Obiano…
FinTech Startup, Paystack, Raises $8 Million in Series A funding from Visa, Tencent and Stripe to Aid Expansion
Nigerian payment processing company, Paystack, has raised $8 million in Series A funding from global payments giants –Visa,…
Nigerian EdTech Startup, PrepClass, Reportedly Raises Close to $1 Million from America’s Rise Capital VC
It’s another wave of startup deals in the Nigerian tech ecosystem as PrepClass, a Nigerian EdTech platform, has reportedly raised…
“Nigeria is Not Ready to fully Embrace the Open Banking System” – Austin Okere
Here are excerpts from an interview by Financial Technology Africa with Austin Okere, Founder of CWG Plc, the largest…