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.

  • CBN extends POS agent Operating Radius to 70 metres, Reshaping Nigeria’s agent banking rules.

    Nigeria’s Central Bank has adjusted one of the key operational rules governing Point-of-Sale (PoS) agents, expanding the permitted distance between PoS terminals to 70 metres as part of ongoing efforts to tighten structure around the country’s fast-growing agent banking network. The change reflects how central PoS agents have become in Nigeria’s financial system. With limited…

  • South Africa moves to tighten crypto regulation after court ruling exposes legal gap.

    South Africa is moving to close regulatory gaps in its crypto sector after a court ruling highlighted weaknesses in how digital assets are currently classified and supervised, adding fresh pressure on authorities to bring clearer oversight to one of Africa’s most active crypto markets. The issue stems from longstanding ambiguity around how cryptocurrencies fit into…

  • Bloomberg highlights Nigerian startups driving change

    Bloomberg’s Africa-focused list has spotlighted a new wave of Nigerian startups that are addressing some of the country’s most complex structural challenges, ranging from financial inclusion and logistics inefficiencies to healthcare access and energy distribution. The recognition reflects growing global attention on Nigeria’s startup ecosystem, which has become one of the most active innovation hubs…

  • Bolt refutes reports of Kenya exit plans

    Ride-hailing company Bolt has dismissed circulating claims that it plans to shut down its operations in Kenya, reassuring drivers, passengers, and stakeholders that it remains fully committed to the market. The clarification comes after reports and social media discussions suggested that the company was preparing to exit one of its key East African markets. Bolt,…

  • Experts say digital transformation will redefine African procurement

    At the Digital Procurement Africa Summit, industry leaders, policymakers, and technology experts reached a strong consensus: digitisation is no longer optional for procurement systems in Africa—it is the future. Across panel discussions and keynote presentations, speakers emphasized that digital transformation is reshaping how governments and businesses source goods, manage suppliers, and control costs. Procurement, traditionally…

  • Flutterwave boosts retention with workforce promotions

    African fintech giant Flutterwave has promoted 25% of its global workforce in a significant talent retention and employee development initiative, underscoring the company’s commitment to investing in its people as competition for skilled technology professionals intensifies. The promotions, which span multiple departments and regions, reflect Flutterwave’s strategy of recognizing high-performing employees while creating clear pathways…