Technology news around the ecosystem!

From Lagos to Nairobi

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

  • Storipod Turns Reading into a Social-Style Scrolling Experience

    Storipod is betting on a simple but ambitious idea: what if reading could feel as engaging and effortless as scrolling through social media feeds? In a digital world dominated by short-form video platforms and endless content feeds, the startup is building a product designed to reshape how people consume written stories, turning reading into a…

  • Nuvei to Buy Payoneer in $2.75B Fintech Deal

    Canadian payments company Nuvei has announced a landmark agreement to acquire global payments platform Payoneer in a deal valued at approximately $2.75 billion, marking one of the most significant consolidations in the digital payments industry in recent years. The transaction underscores the ongoing wave of mergers and acquisitions reshaping the global fintech landscape as companies…

  • Launch Africa Returns $2.5M as Seed Fund I Reaches DPI Milestone

    Launch Africa Ventures has marked a significant milestone in its investment journey, returning $2.5 million to its investors as its Seed Fund I achieves a key Distributions to Paid-In Capital (DPI) benchmark. The development underscores growing momentum in Africa’s venture capital ecosystem and highlights increasing evidence of liquidity emerging from early-stage startup investments on the…

  • MAX Launches Electric Mobility Expansion in Ibadan

    Ibadan is stepping into a new era of urban mobility as MAX announces the expansion of its electric mobility services into the city, marking a significant milestone in Nigeria’s transition toward cleaner and more efficient transportation. The move brings electric-powered transport options closer to residents of one of West Africa’s largest and fastest-growing cities, signaling…

  • Counder Puts African Founders in the Global AI Investment Map

    The global artificial intelligence boom is not only transforming industries but also redrawing the map of where capital, talent, and innovation flow. As major economies race to build AI infrastructure—from data centers to foundation models—new ecosystems are forming around this build-out. Yet, much of the conversation has remained concentrated in the United States, Europe, and…

  • Solarbox Builds Solar-Powered EV Ecosystem in Senegal

    Senegal is emerging as a surprising testing ground for solar-powered electric mobility in West Africa, and Solarbox is positioning itself at the center of this shift. The company is building an electric vehicle (EV) ecosystem that leans heavily on solar energy, aiming to solve one of the region’s most persistent challenges: unreliable and expensive grid…