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.

  • From Two Shutdowns to a Creator Social Intelligence Platform

    Startup failure is often treated as a setback, but for some founders it becomes the foundation for sharper thinking, better execution, and more resilient ideas. After two separate startup shutdowns, one founder has re-emerged with a new venture aimed at solving a fast-growing problem in the digital economy: helping creators understand, measure, and act on…

  • Stablecon Africa Tour Heads to Johannesburg After Three Cities

    The Stablecon Salon: Africa Series is continuing its journey across the continent, with Johannesburg set to host the next gathering of policymakers, fintech leaders, investors, regulators, and blockchain innovators. As the series expands its footprint, insights gathered from its previous stops are helping shape the conversation around the future of stablecoins and digital finance in…

  • ALLY Marks One Year of Expanding Financial Safety Nets in Nigeria

    In a country where millions of people remain vulnerable to unexpected financial shocks, ALLY is emerging as a platform that is changing how everyday Nigerians think about financial protection. Just one year after its launch, the fintech-driven solution is gaining attention for making financial safety nets more accessible, affordable, and relevant to a broader segment…

  • Why ‘Founder-Friendly’ Funding Often Isn’t

    In the startup ecosystem, the phrase “founder-friendly capital” has become a popular buzzword. Venture capital firms, angel investors, and private equity funds often market themselves as partners who empower entrepreneurs while providing the resources needed to scale businesses. However, behind the appealing rhetoric lies a more complex reality: capital is rarely as founder-friendly as it…

  • Spiro Attracts $270 Million in Funding Within Three Weeks

    African electric mobility company Spiro has strengthened its position as one of the continent’s most heavily funded clean transportation firms after securing an additional $55 million investment, barely three weeks after announcing a massive $215 million equity raise. The latest funding comes from NewTrails Capital, a Chinese growth-stage investment firm, and pushes Spiro’s recent fundraising…

  • Corporates Receive ₦10 for Every ₦1 Lent to Consumers

    Nigeria’s banking sector continues to reveal a significant imbalance in credit allocation, with corporate borrowers receiving a far larger share of loans than individual consumers. Recent figures indicate that for every ₦1 lent to consumers, Nigerian banks extended approximately ₦10 to corporate entities. This lending pattern highlights the structure of the country’s financial system and…