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.

  • Africa’s Crypto Winter: Over 20 Web3 Projects Shut Down in Q1 2026.

    The first quarter of 2026 has been a tough period for Africa’s crypto and Web3 ecosystem. Reports from industry analysts indicate that over 20 startups, ranging from exchanges to DeFi platforms and NFT marketplaces, have ceased operations, highlighting the fragility of the continent’s emerging digital finance sector. Several factors contributed to the closures. Liquidity challenges,…

  • VivaTech Unveils Top 30 Startups for AfricaTech Award 2026.

    VivaTech has revealed the Top 30 startups selected for the AfricaTech Award 2026, shining a spotlight on Africa’s most promising innovators across sectors such as fintech, healthtech, agritech, and cleantech. The cohort represents a diverse cross-section of founders from across the continent, highlighting Africa’s rising role in global technology and innovation. The AfricaTech Award is…

  • African Development Bank Backs Early‑Stage African Tech Startups with €7.5 Million Investment.

    The African Development Bank (AfDB) has announced a €7.5 million commitment to the Breega Africa Seed I Fund, a venture capital vehicle dedicated to supporting early-stage technology startups across Africa. This strategic investment aims to strengthen the continent’s innovation ecosystem by addressing a critical funding gap at the seed stage, a period often considered the…

  • Rider Behaviour, Not Pricing, Is the Biggest Trigger for Low Ratings in Nigeria’s Ride-Hailing Market.

    A new survey of ride-hailing drivers in Nigeria has revealed that rider behaviour—not fares, traffic, or platform policies—is the leading factor influencing how passengers are rated. According to data from Bolt, approximately 76% of drivers say rude or verbally aggressive behaviour is the primary reason they give riders low ratings, making it the most dominant…

  • Novastar Ventures Closes $147 Million Third Fund to Supercharge African Startups.

    In a significant vote of confidence in Africa’s innovation economy, Novastar Ventures has closed the final round of its third venture fund, securing $147 million to back promising startups across the continent. The fund, known as the Novastar Ventures Africa People and Planet Fund III (NVIII), exceeded its predecessor’s size and marks a meaningful increase in…

  • Starlink Pushes Back After Namibia Rejects Its Licence Bid.

    Starlink, the satellite internet business owned by Elon Musk’s SpaceX, has sharply criticised the recent decision by Namibia’s telecom regulator to reject its application for a licence to operate in the country. The company called the regulator’s reasoning “misleading” and has urged Namibians to request a formal appeal of the decision. What Happened Last week,…