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.

  • Safaricom faces growth risks from overdependence on M-Pesa

    Safaricom’s success has largely been driven by its flagship product, M-Pesa, which revolutionized financial access across Kenya and beyond. It created an ecosystem so dominant that competitors struggled to match its scale. However, that same dominance is now shaping strategic decisions that could limit future growth.One issue lies in over-reliance. M-Pesa contributes a substantial portion…

  • Terra Industries rolls out AI farming drones across Africa

    Terra Industries, a fast-rising Nigerian defence technology startup, has announced plans that signal a major leap for Africa’s drone industry: the development of what it describes as the continent’s largest drone. The move underscores a broader ambition to position Africa as a serious player in global unmanned aerial systems manufacturing. Terra Industries has already made…

  • Nigerian founder exits Dubai business to solve a local problem back home

    A Nigerian entrepreneur has made a bold career shift, selling his Dubai-based business to return home and focus on solving a problem he believes affects millions of Nigerians daily. While details of the sale remain private, the move reflects a growing trend among diaspora founders who are choosing to reinvest their skills and capital into…

  • African fintech firms join Endeavor 2026 cohort.

    A new wave of African tech leadership has been recognized as Endeavor announced its 2026 Outliers cohort, featuring some of the continent’s most influential and fast-scaling startups, including Moniepoint, Flutterwave, LemFi, Moove, and Paga. The Outliers program by Endeavor is designed to spotlight high-impact entrepreneurs who are building category-defining companies in emerging markets. Selection into…

  • Flutterwave leads Africa digital economy investor roundtable at IMF–World Bank summit

    Flutterwave hosted an investor roundtable on Africa’s digital economy during the recent IMF–World Bank Annual Meetings, bringing together global investors, policymakers, and fintech leaders to discuss the future of financial innovation across the continent. The roundtable served as a strategic platform to examine how Africa’s rapidly expanding digital economy can attract sustainable investment while addressing…

  • Norrsken22 backs Lua with $5.8M to build Africa’s first AI agent OS

    The African tech ecosystem continues to attract significant global capital as artificial intelligence infrastructure begins to take shape on the continent. In a major development, Norrsken22 has led a $5.8 million seed funding round for Lua, a startup building what it describes as Africa’s first AI agent operating system (AI Agent OS). The funding round…