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.

  • VBank aims to close the gender skills gap by training 1000 women

    Over one thousand women and girls from all of Nigeria’s 28 states participated in the inaugural VBank Women in Tech Nigeria Makeathon, which the brand sponsored. These participants were keen on learning relevant tech skills to build a solid base for a future-proof career.  To read more click here

  • Nigeria’s Internet Landscape Transforms as Usage Breaks Million-Terabyte Barrier

    Nigeria achieved a significant digital milestone as cumulative internet consumption surpassed one million terabytes in January 2025, according to data from the Nigerian Communications Commission. This breakthrough highlights the nation’s growing digital transformation since the NCC initiated data usage tracking in 2023. To read more click here

  • Flat6Labs and Tamwilcom Launch Accelerator to Fuel Morocco’s Tech Startup Ecosystem

    Morocco’s startup ecosystem is gaining momentum, and the entry of Flat6Labs, one of the most active early-stage investors in the Middle East and North Africa (MENA) region, could be a game-changer. In collaboration with Tamwilcom, a Moroccan public financial institution, the venture capital firm has introduced a new accelerator program aimed at driving innovation in high-growth sectors…

  • 9mobile loses over 300,000 subscribers as roaming deal with MTN stalls

    Struggling telecom operator 9mobile is rapidly losing subscribers as it awaits regulatory approval for a national roaming deal with MTN Nigeria. The deal, which could grant 9mobile access to MTN’s extensive infrastructure to improve its network coverage and service quality—a sore point for many subscribers—is progressing more slowly than expected.  To read more click here

  • PalmPay to expand to 4 African markets after processing 1.35 bn transactions in Q1

    Nigerian fintech PalmPay will expand into South Africa, Côte d’Ivoire, Uganda, and Tanzania by the end of 2025, building on momentum from processing over 15 million daily transactions during the first quarter, Managing Director Chika Nwosu said at a press conference on Wednesday. He declined to disclose the value of the transactions. To read more click here

  • Jumia’s revenue dropped by 26% to $36.3 million in Q1 2025

    Jumia, Africa’s eCommerce platform, just shared its Q1 2025 financials, and while the numbers look rough on the surface, there are some promising signs. Revenue dropped by 26% to $36.3 million, mostly because of a slump in corporate sales in Egypt and currency troubles in key markets. To read more click here