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Real-time coverage of Africa's startup ecosystem, funding landscape, and policy environment.

Awards

Wema Bank Hackaholics 7.0 names top 20 finalists ahead of grand finale

Wema Bank Hackaholics 7.0 has unveiled its top 21 finalists across the Social Impact, Hackathon and Startup Pitch tracks ahead of the grand finale.

TechMedia Africa·Nov 3, 2026·2 min read

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FinTech

OPay raises $304 million in US IPO, makes NYSE debut at $4 billion valuation

OPay has made its NYSE debut after raising $304 million, joining a growing number of African fintechs tapping international capital markets.

Chinaturum Iheoma

Oct 30, 20263 min

Internet & Connectivity

Airtel Nigeria generates $544 million from data, 47% more than voice revenue

Airtel Nigeria’s data revenue rose to $544 million in six months, exceeding voice revenue by $174 million as demand for mobile internet services continued to grow.

Chinaturum Iheoma

Oct 30, 20263 min

South Africa

Vodacom ready to switch off 3G network within 24 months if rivals agree

The proposed shutdown highlights a coordination challenge for South African telecom operators, as Vodacom risks losing customers if rivals retain their 3G networks.

Mercy Mokah

Oct 30, 20263 min

FinTech

Why Flutterwave is moving beyond payments into banking and lending

Flutterwave’s banking ambitions reflect a wider fintech shift towards owning more financial infrastructure, accessing new revenue streams and providing credit to businesses.

Chinaturum Iheoma

Oct 29, 20264 min

FinTech

Grey launches Paycheck for remote workers earning in foreign currencies

Grey’s Paycheck expands its services beyond cross-border payments into salary management, as the company explores how foreign income records could improve access to credit.

TechMedia Africa

Oct 29, 20263 min

Digital Banking

GTCO earns ₦55 billion from customers’ account maintenance, transfer charges in nine months

Maintaining bank accounts and transferring money generated ₦55 billion for GTCO in nine months, even as its earnings from transfer charges declined.

Chinaturum Iheoma

Oct 28, 20263 min

AI & Big Data

NTT DATA expands AI Factories to help businesses scale adoption

With five AI Factories worldwide, NTT DATA is helping businesses bridge the gap between AI experimentation and commercial deployment.

TechMedia Africa

Oct 28, 20263 min

Startups

Rest of World to shut down in January after six years, $60 million in funding

After six years and $60 million in funding, Rest of World’s planned closure highlights the growing challenges facing independent digital journalism.

Mercy Mokah

Oct 27, 20263 min

Africa

Airtel Money revenue hits $830 million as African users reach 56.7 million

Airtel Money recorded $830 million in half-year revenue and $228 million in profit, with 56.7 million customers transacting an average of $397 monthly.

Chinaturum Iheoma

Oct 26, 20263 min

Digital Banking

First HoldCo spends ₦82.6 billion on IT maintenance as electronic banking revenue grows 6%

Technology maintenance costs rose by ₦14.6 billion at First HoldCo, compared with a ₦4.4 billion increase in electronic banking fee income during the same period.

TechMedia Africa

Oct 26, 20263 min

Digital BankingBreaking

CBN approves JPMorgan’s plan to establish merchant bank in Nigeria

After depositing ₦50 billion with the CBN, JPMorgan has cleared an early licensing hurdle as it prepares to enter Nigeria’s merchant banking market.

Mercy Mokah

Oct 23, 20263 min

Digital Banking

Cash outside Nigerian banks rises 10.3% to N4.92 trillion in one year

Nigerians held N458 billion more cash outside banks in September 2026 than a year earlier, highlighting continued reliance on physical currency despite expanding digital payments and tighter withdrawal limits.

Chinaturum Iheoma

Oct 22, 20263 min

TECHNEWS

Wema Bank Hackaholics 7.0 names top 20 finalists ahead of grand finale

OPay raises $304 million in US IPO, makes NYSE debut at $4 billion valuation

Airtel Nigeria generates $544 million from data, 47% more than voice revenue

Vodacom ready to switch off 3G network within 24 months if rivals agree

Why Flutterwave is moving beyond payments into banking and lending

Grey launches Paycheck for remote workers earning in foreign currencies

GTCO earns ₦55 billion from customers’ account maintenance, transfer charges in nine months

NTT DATA expands AI Factories to help businesses scale adoption

Rest of World to shut down in January after six years, $60 million in funding

Airtel Money revenue hits $830 million as African users reach 56.7 million

First HoldCo spends ₦82.6 billion on IT maintenance as electronic banking revenue grows 6%

CBN approves JPMorgan’s plan to establish merchant bank in Nigeria

Cash outside Nigerian banks rises 10.3% to N4.92 trillion in one year

TECH
NEWS