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.

  • African leaders should take the blame for brain drain on the continent — Paul Kagame

    Rwandan President Paul Kagame has urged African leaders to take responsibility for the continent’s brain drain, emphasizing that systemic failures are driving skilled professionals abroad. Speaking at the Inclusive Fintech Forum in Kigali, he called for policies that encourage talent retention instead of blaming those seeking better opportunities elsewhere. The exodus of professionals, particularly in…

  • MTN Fintech and Network International Join Forces to Expand Digital Payments

    MTN Fintech has partnered with Network International to expand digital payments across Africa, beginning with card issuance in Rwanda, Uganda, Ivory Coast, and Nigeria. As a leading payment processor, Network International will support MTN Fintech with transaction processing, card management, and fraud prevention, enhancing access to digital financial services. This collaboration aims to strengthen financial…

  • Digital Banking Revolution: Affinity Africa’s $8M Funding Transforms Financial Access

    Affinity Africa has raised $8 million in seed funding to expand its digital banking platform and improve financial access across Africa. Led by Grazia Equity and BACKED VC, the funding round underscores strong investor confidence in Affinity’s mission to serve underbanked communities. Since launching in Ghana in October 2024, the platform has attracted over 50,000…

  • EqualyzAI Launches AI Solutions for African Languages

    EqualyzAI, an AI startup focused on African languages, has officially unveiled its suite of AI-powered solutions aimed at bridging the language gap in emerging markets. The company uses hyperlocal datasets created with native speakers to develop localized AI models, ensuring technology is accessible to underserved communities. The startup introduced three key innovations: uLearn, an AI-powered…

  • AWS to Introduce 21% Cloud Service Tax in Ghana

    Starting March 1, 2025, Amazon Web Services (AWS) will apply a 21% tax on cloud services in Ghana, impacting startups and businesses relying on AWS for data storage and digital operations. The tax includes a 15% VAT and an additional 6% in levies, covering national health, education, and COVID-19 recovery funds. This move could increase…

  • Best Data Plans in Nigeria (2025): A Cost-Saving Guide Amid Price Hikes

    With data prices surging by up to 50% in 2025, Nigerian telecom users are looking for the most cost-effective internet plans. MTN, Airtel, Glo, and 9mobile have all adjusted their prices, making it essential to compare the best deals available. This guide highlights the best budget monthly plans, heavy-user data packages, weekly plans, and unlimited…