Nigerian startups seeking investment are facing greater scrutiny as investors increasingly prioritise financial discipline, sustainable business models and clear pathways to profitability over rapid growth alone. The shift signals a more demanding fundraising environment for founders who have traditionally relied on external capital to expand their operations. According to the Managing Director of Sage Grey,…

Africa’s ambition to become a major player in artificial intelligence (AI) will depend on more than innovative startups, skilled developers and access to advanced technology. Reliable electricity infrastructure could prove equally important, as AI systems require substantial computing power to develop, train and operate. Gary Chomse’s argument that Africa’s AI success hinges on power infrastructure…

TikTok has distanced itself from reports of a digital blackout affecting parts of Northern Nigeria, leaving questions about the cause, scope and responsibility for the disruption unresolved. The development has raised concerns about internet access, digital communication and the growing dependence of Nigerian users on social media platforms for information, entertainment and business activities. However,…

Nigerian startups raised $11.3 million in September 2026, marking a sharp 97% decline from the funding recorded in August and highlighting the volatility of investment flows into the country’s technology ecosystem. The reported drop points to a difficult month for founders seeking capital to expand operations, develop products and enter new markets. It also underscores…

The collapse of Koko, a clean-cooking company that operated in Kenya, has raised difficult questions about the sustainability of carbon-credit financing and placed renewed attention on the challenges facing businesses that depend on environmental markets. For Circle Gas, the company behind Koko, the situation highlights how a business designed to deliver climate benefits can struggle…

CashAfrica is bringing mobile tap-to-pay technology to Chicken Republic outlets, highlighting the growing adoption of contactless payments in Nigeria’s quick-service restaurant industry. The move reflects efforts by payment technology providers and food businesses to make transactions faster, more convenient and better suited to increasingly digital consumer habits. Tap-to-pay technology allows customers to make payments by…