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.

  • Evolution obtains a US MSB license to expand global financial services

    Evolution, a financial technology company focused on cross-border payments and digital financial infrastructure, has announced that it has secured a US Federal Money Services Business (MSB) license, marking a significant milestone in its expansion strategy aimed at serving global citizens through compliant and scalable financial services. The license, issued under US regulatory frameworks governing financial…

  • World Bank recognizes Nigerian EdTech as a top innovation in Africa

    The World Bank has recognized a Nigerian education technology initiative as one of the leading EdTech solutions in Africa, highlighting the country’s growing influence in digital learning innovation and its potential to transform access to quality education across the continent.The endorsement comes as part of broader efforts by the World Bank to support scalable and…

  • South Africa tightens crypto regulation under new draft rules

    South Africa is preparing for a potential shift in its digital asset landscape as new draft rules emerge that could significantly reshape how cryptocurrencies are regulated, traded, and supervised in the country. The proposed framework reflects growing pressure on regulators to bring clarity to an industry that has expanded rapidly in recent years, while also…

  • Kenya accelerates crypto oversight as Central Bank of Kenya prepares new compliance hires

    Kenya’s push to regulate its fast-growing cryptocurrency sector is entering a critical phase, as the Central Bank of Kenya (CBK) ramps up hiring for specialised crypto compliance roles ahead of the rollout of new rules. The move signals a shift from cautious observation to active oversight in one of Africa’s most dynamic digital finance markets….

  • Dodai secures $13M to scale Ethiopia’s EV battery-swapping network

    Ethiopia-based electric mobility startup Dodai has secured $13 million in a Series A funding round to accelerate the expansion of its battery-swapping network and electric vehicle (EV) operations across the country. The funding round consists of $8 million in equity and $5 million in debt, with backing from a mix of international investors, including Value…

  • Rack Centre moves to bridge Nigeria’s data centre skills gap

    Rack Centre, a leading Lagos-based data infrastructure provider, has announced plans to train a new generation of engineers as Nigeria grapples with a growing shortage of skilled data centre professionals. The initiative reflects a broader industry challenge, where rapid digital expansion is outpacing the availability of qualified technical talent. The company’s structured training programme is…