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.

  • Chams, CWG profits soar to billions for first time in 13 years

    Chams Holding Company Plc and Computer Warehouse Group (CWG) Plc have reported billion-naira profits for the first time in 13 years, driven by increased IT infrastructure upgrades in Nigerian banks and higher demand for SIM cards in the telecom sector. Their combined after-tax profit surged by 395%, reaching ₦4.88 billion in 2024. Chams’ revenue from…

  • From Warri to Sydney: Oghenerukevwe Odjugo’s Journey in Global Finance

    Oghenerukevwe Odjugo, an equity analyst at Schroders, has built an impressive career that spans Nigeria, the UK, Egypt, and Australia. Starting with a passion for mathematics, she strategically pursued a career in finance and investments, earning a first-class degree in accounting from Covenant University before securing a scholarship to Loughborough University for her master’s. Her…

  • MTN Nigeria to Build New Headquarters in Eko Atlantic

    MTN Nigeria is relocating its headquarters to Eko Atlantic, joining major firms like First Bank and Dangote Group in the growing business hub. The 10-square-kilometer city, known for its modern infrastructure and strategic location, is attracting top corporations and even the United States Embassy, which is also building a new diplomatic facility there. MTN CEO…

  • Paratus Group Expands in East Africa with Paratus Tanzania

    Paratus Group has launched Paratus Tanzania in a joint venture with Green Telecom, aiming to enhance connectivity in East Africa. This move comes just four months after the launch of Paratus Kenya, reinforcing the company’s expansion across sub-Saharan Africa. According to Martin Cox, Chief Commercial Officer of Paratus Group, this partnership will deliver high-quality network…

  • Widebot Secures $3M to Advance Arabic-Specific AI Model

    Egyptian AI startup Widebot has raised $3 million in a pre-Series A funding round to further develop “AQL Mind,” a generative AI model tailored for the Arabic language. Originally founded in Cairo, the company has now moved its operations to Riyadh, Saudi Arabia, aiming to provide accurate, secure, and personalized AI experiences for businesses and…

  • Moniepoint’s 2025 Women in Tech Internship: Empowering 15 Women for Tech Careers

    Moniepoint has launched its 2025 Women in Tech Internship, selecting 15 young women for a transformative program that offers hands-on experience, mentorship, and essential skills to build successful careers in the tech industry. This initiative aims to break barriers for women in technology by providing a structured pathway into the sector. Moniepoint Inc., a leading…