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.

  • Binance executive sues EFCC over unfair detention

    A Federal High Court in Abuja has scheduled March 20, 2025, to hear a case filed by Binance executive Tigran Gambaryan against Nigeria’s National Security Adviser (NSA) and the Economic and Financial Crimes Commission (EFCC). Gambaryan claims he was unlawfully detained in Nigeria and is seeking compensation for the hardship he endured. The case stems…

  • Smart Africa launches Africa AI Council to drive the continent’s AI ambitions

    Smart Africa, a pan-African initiative focused on digital transformation, has launched the Africa AI Council to drive artificial intelligence (AI) adoption and innovation across the continent. The Council will act as a central body that brings together governments, industry leaders, and academic institutions to develop policies, foster innovation, and create an environment that supports AI-driven…

  • Nigeria’s SEC to fast-track crypto licencing in 2025

    Nigeria’s Securities and Exchange Commission (SEC) plans to accelerate the issuance of cryptocurrency licenses in 2025 as part of its efforts to regulate the market and protect consumers. This move follows the launch of the Accelerated Regulatory Incubation Programme (ARIP) in June 2024, which has already granted provisional licenses to Nigerian crypto startups like Quidax…

  • Qualcomm Opens Applications for ‘Make in Africa’ Startup Mentorship Program

    Qualcomm has launched applications for its ‘Make in Africa’ Startup Mentorship Program, aimed at supporting early-stage African startups working with advanced connectivity and processing technologies. Key Details: • Equity-free program offering business coaching, engineering consultation, and IP protection guidance. • Access to Qualcomm engineers and business mentors. • Applications close on February 16, and the…

  • Adapt IT appoints new leadership to align with Omegro’s global strategy, focusing on international expansion, acquisitions, and software innovation.

    South African software company Adapt IT Holdings Adapt IT Announces Leadership Changes to Drive Global Expansion South African software company Adapt IT Holdings has announced key leadership changes to strengthen its global expansion and acquisition strategy. Since joining Volaris Group in 2022, Adapt IT has grown significantly and is now part of Omegro, a global…

  • Canal+ to Restructure MultiChoice, Creating LicenceCo to Comply with SA Regulations

    French media giant Canal+ is restructuring MultiChoice to align with South African regulations on foreign ownership. The plan involves splitting MultiChoice into two independent entities: 1. LicenceCo – A new entity that will hold the broadcasting license, majority-owned by historically disadvantaged persons (HDPs), including Phuthuma Nathi, Identity Partners Itai Consortium, Afrifund Consortium, and a Workers’…