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.

  • Kuda Bank Streamlines Operations, Hundreds of Employees Impacted.

    On March 25, 2026, staff at Kuda Bank experienced one of the most unsettling moments in their professional lives. During a company‑wide video call with executives, hundreds of employees were informed that their roles had been terminated as part of a major restructuring effort. Founded in 2019 and known across Nigeria as one of the…

  • Kenyan Treasury Confirms Finance Bill Will Maintain Current Tax Rates.

    The Kenyan government has firmly stated that it will not increase existing taxes or introduce new ones in the upcoming Finance Bill, a move aimed at easing public anxiety over rising living costs and avoiding renewed public backlash. National Treasury officials, including Cabinet Secretary John Mbadi, addressed Parliament and the media to reassure Kenyans that…

  • Understanding Venture Capital in Africa (3): How Investors Make Their Money.

    If you caught Part 2 of this series, you already know how startups in Africa secure funding and why investors pick certain businesses over others. But there’s a piece of the puzzle most people never see: how the money actually comes back to the investors. Yes, the big payoff—what venture capitalists call the exit strategy.…

  • DHL Eyes Major Expansion with Acquisition of South African Logistics Firms.

    Global logistics leader DHL is moving to expand its footprint in South Africa’s logistics sector by acquiring a cluster of local logistics companies that form part of the Vital Group network. The proposed deal would bring Vital Distribution, Vital Fleet, and Staffing Logistics under DHL’s umbrella, significantly strengthening its capabilities in one of Africa’s most…

  • Nigerian Telecom Regulator Unveils New Identity Management System to Combat Fraud.

    The Nigerian Communications Commission (NCC) has taken a major step toward strengthening digital security by introducing the Telecoms Identity Risk Management System (TIRMS) — a new identity management framework designed to curb fraud tied to mobile phone numbers and improve trust in Nigeria’s communications ecosystem. Phone numbers in Nigeria serve as more than just a…

  • Mastercard bets on stablecoin with $1.8B BVN acquisition.

    Mastercard has announced plans to acquire BVN, a fast-growing crypto payments infrastructure provider, in a deal valued at $1.8 billion. The acquisition signals Mastercard’s deepening commitment to stablecoin-powered payments and its broader strategy to bridge traditional finance with digital assets. BVNK, headquartered in London, specializes in enabling businesses to send, receive, and store stablecoins alongside…