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.

  • Nigeria’s telecom sector faces investor caution as FDI plunges to two-decade low of $80.78m

    Foreign Direct Investment (FDI) in Nigeria’s telecommunications sector has dropped sharply, raising concerns over investor confidence and the industry’s growth trajectory. According to the National Bureau of Statistics (NBS), telecoms FDI fell to $80.78 million in the first half of 2023, a dramatic decline compared to over $417 million recorded during the same period in…

  • Kenya and Kuwait Strengthen Ties Through Digital Transformation Partnership

    The two countries are reportedly planning to sign a Memorandum of Understanding (MOU) to formalize their partnership across various sectors, including Information and Communications Technology (ICT), Health, Transport, and Labour. Kenya and Kuwait are preparing to sign a Memorandum of Understanding (MoU) aimed at deepening cooperation in digital transformation, signaling stronger bilateral ties between the…

  • SA to Unify State-Owned Fiber Networks for Broader Connectivity

    The goal is to move from a siloed approach to a more integrated model. By coordinating the rollout and management of public fiber, the government hopes to spend smarter, reduce costs, and accelerate the expansion of high-speed internet to underserved areas. South Africa is moving to better coordinate and integrate its public fiber-optic infrastructure across…

  • Nigeria’s Telecom Market Shrinks in Subscribers but Surges in Data Usage.

    Nigeria’s telecommunications sector is experiencing a paradoxical trend where the number of active subscribers is declining while data usage continues to surge to record levels. Recent industry data indicates that total active mobile subscriptions fell slightly, driven by factors such as SIM deactivations, stricter regulatory compliance, and economic pressures affecting consumer affordability. Despite this contraction…

  • Kaspersky Flags Rising Cyber Risks as Nigeria Records 6.5M Threats in Early 2025

    In the first half of 2025, Nigeria recorded close to 6.5 million cyber threats, according to cybersecurity firm Kaspersky. This figure highlights the growing scale of digital risks facing individuals, businesses, and institutions in the country. The surge reflects both the rising sophistication of cybercriminals and Nigeria’s increasing integration into the global digital economy. Kaspersky’s…

  • Harnessing AI and Technology as Catalysts for Nigeria’s Post-Oil Economic Growth

    Experts have emphasized that Nigeria must accelerate the adoption of artificial intelligence (AI) and emerging technologies to reduce dependence on oil revenues and achieve sustainable economic diversification. With the global economy rapidly shifting toward digital transformation, they argue that Nigeria risks being left behind if it fails to integrate AI, big data, blockchain, and automation…