Technology news around the ecosystem!

From Lagos to Nairobi

We give you summaries of happenings around tech, from developer stand-ups to the boardrooms.

  • e& UAE Launches Business Continuity as a Service (BCaaS) at WCEMS 2025

    e& has unveiled its new Business Continuity as a Service (BCaaS), a fully-managed solution designed to help organizations prepare for disruptions, maintain operational stability, and safeguard growth. The launch was announced at the World Crises & Emergency Management Summit 2025 (WCEMS), hosted by NCEMA. BCaaS offers businesses a tailored, integrated framework that helps them identify…

  • Equinix to Invest $140 Million in Southern Nigeria’s Digital Future

    Global data center giant Equinix is making a bold move to expand Nigeria’s internet infrastructure! The company which acquired MainOne for $320 million in 2022 has announced a fresh $140 million investment aimed at strengthening digital connectivity across southern Nigeria over the next two years. This expansion includes a brand-new data center in Port Harcourt…

  • FairMoney Grows Revenue by 62% in 2024, But Faces Credit Risks

    Nigerian fintech FairMoney reported impressive growth in 2024, with gross revenue up by 62% to ₦121.9 billion and profit after tax rising to ₦7.9 billion, according to its unaudited financial report. A key driver was its reliance on customer deposits, which funded 56% of its loan book, up from just ₦2.9 billion in 2021 to…

  • US Investors Flag Challenges in Nigeria and Kenya’s Tech Ecosystems

    A new report by the US Trade Representative highlights the growing frustration among US tech investors operating in Nigeria and Kenya. Despite being among Africa’s leading tech hubs, both countries are criticized for poor enforcement of anti-corruption and intellectual property (IP) laws, making it difficult for foreign firms to thrive. In Nigeria, issues like piracy,…

  • Ghana: Mahama faces uproar over mining law, deportation policy

    Ghana’s President John Mahama is under growing scrutiny as his administration contends with backlash over a mining law that allows operations in the country’s protected forest reserves—areas vital for water preservation and biodiversity. Critics, including environmental advocates, argue that the law threatens the nation’s ecological balance. At the same time, Mahama’s policy of deporting, instead…

  • Nigeria’s Telecom Sector Dodges Direct Hit from U.S. Tariff, But Indirect Risks Loom

    Nigeria’s telecom industry has largely sidestepped the direct impact of the new 14% U.S. tariff on Nigerian exports, thanks to its import-driven nature. According to Tony Emoekpere, President of ATCON, telecom companies don’t export goods and thus remain unaffected by the tariff targeted at non-oil exports. However, experts warn of indirect economic consequences. The tariff…