Technology news around the ecosystem!

From Lagos to Nairobi

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

  • Eden Life’s B2B Pause Marks a Strategic Reset in a Tough Macro Environment.

    In 2025, Eden Life — one of Nigeria’s most talked‑about lifestyle tech startups, took a step that underscores a broader shift in the African startup landscape: it paused consumer‑facing operations to focus squarely on B2B revenue. Once positioned as a premium subscription service for home management — handling everything from meal plans to laundry and…

  • Standard Chartered Warns Bitcoin Could Drop to $50,000 Amid Market Volatility.

    Standard Chartered has issued a near-term bearish outlook on Bitcoin, forecasting that the cryptocurrency could fall toward $50,000 in the coming months. The warning underscores persistent volatility in crypto markets and the growing caution among institutional players. The bank cites several factors behind the projection: weaker ETF inflows, reduced appetite from institutional investors, and ongoing…

  • Terra’s $22 Million With Strong Backing From African Investors.

    African defence technology startup Terra Industries has closed a $22 million funding round, a significant extension to its earlier $12 million raise and a rare vote of confidence in hardware‑centric innovation on the continent. The round was led by Lux Capital — a major US deep tech investor — and included strategic participation from Resilience17, the venture…

  • Selar Hits ₦18 Billion in Payouts Across Africa, Marking A New Milestone.

    In 2025, Nigerian e‑commerce startup Selar hit a milestone that captures where Africa’s creator economy is headed: it paid out over ₦18 billion (~$12.8 million) to creators across the continent, nearly doubling its 2024 numbers. What would be a modest headline elsewhere is noteworthy here — because this traction emerged from a decade of building with minimal…

  • Maroc Telecom Reports Nearly 7 Billion Dirhams in Net Income in 2025.

    Maroc Telecom, Morocco’s largest telecommunications operator, closed 2025 with a net income of approximately 6.97 billion dirhams (~$760 million), reinforcing the resilience of traditional telecom businesses in North Africa’s evolving digital landscape. The company’s performance was supported by a mix of domestic market stability and expansion through its Moov Africa subsidiaries, which provide mobile and data services…

  • Ikeja Electric Ties Electricity Billing to Tax IDs for Business Owners.

    Ikeja Electric Distribution Company has introduced a controversial but consequential update to how it manages power billing for corporate customers. Effective immediately, businesses, vendors, and strategic partners must submit a valid Tax Identification Number (TIN), National Identification Number (NIN), or Corporate Affairs Commission (CAC) registration number by February 20, 2026, or face the risk of invalidated…