TechStream

Technology news around the ecosystem!

From Lagos to Nairobi

We give you summaries of happenings around tech, from developer stand-ups to the boardrooms.

  • Blnk Secures $37M to Expand Consumer Credit

    Egyptian fintech company Blnk has secured $37 million in a mix of debt and equity financing, marking a significant milestone in its mission to expand access to consumer credit across the country. The funding will support the company’s efforts to deepen its point-of-sale (POS) financing services, enabling more consumers to access affordable credit when making…

  • Algeria Launches AI Hub to Boost Startup Growth

    Algeria has taken a significant step toward strengthening its digital economy with the launch of its first National Artificial Intelligence and Virtual Learning Centre. The initiative reflects the country’s growing commitment to technological innovation, digital skills development, and entrepreneurship as it seeks to position itself as a regional hub for emerging technologies. The newly established…

  • African Startups Secure $135M in May Funding

    In the dynamic landscape of global emerging markets, the African startup ecosystem continues to demonstrate remarkable resilience and strategic maturity. As of May 2026, reports indicate that African startups have secured $135 million in funding. This figure, while reflective of a cautious global economic climate, underscores a significant shift in how capital is being deployed…

  • Flutterwave Eyes a Unified Financial Future for Africa

    For years, Africa’s fintech revolution has been driven largely by payment innovation. Companies have focused on helping individuals send money, businesses accept payments, and merchants reach customers across different markets. While these solutions have significantly improved financial access, industry leaders increasingly believe that payments alone are not enough to unlock the continent’s full economic potential.…

  • Engineer Uses Tech to Make Tax Filing Easier

    For many Nigerians, paying taxes remains a confusing and frustrating process. From navigating multiple government portals to understanding complex tax regulations, individuals and small business owners often struggle to stay compliant. Recognizing this challenge, a Nigerian engineer decided to create a technology platform to simplify, speed up, and make tax payments and compliance more accessible.…

  • eNaira Shifts from Wallet to Payment Rail

    When the Central Bank of Nigeria (CBN) launched the eNaira in October 2021, it was heralded as a pioneering step toward financial inclusion and the modernization of the nation’s monetary framework. As Africa’s first Central Bank Digital Currency (CBDC), it was designed to offer a secure, cost-effective alternative to physical cash. However, the initial rollout…