Technology news around the ecosystem!

  • Wise Wins Approval to Launch Money Transfers in South Africa

    Global financial technology company Wise is moving closer to expanding its international money transfer services in South Africa after receiving regulatory approval to operate in the country. The development could give South African consumers and businesses another option for sending and receiving money across borders. Wise, formerly known as TransferWise, has built its business around…

  • Nigeria’s Tech Pay Gap Widens as Gender Inequality Persists

    Software engineers in Nigeria earn significantly more than medical officers, highlighting the growing divide between technology and healthcare salaries. However, the gender pay gap reveals another layer of inequality, raising questions about how earnings differ between men and women across professional sectors. The reported pay disparity reflects the increasing value placed on technology skills as…

  • Trino Studios Backs African Animation Through Mallam Ilia Film

    Trino Studios’ entry into the investor group comes as African production companies increasingly explore ways to turn locally rooted stories into internationally marketable entertainment. The investment reflects a broader opportunity to develop African literary works, cultural histories and original characters into intellectual property that can reach audiences across multiple platforms. Founded by Nigerian filmmakers, Trino…

  • African Startup Funding Hits $2.49B as Investment Recovers

    The reported total represents a 7.8% increase from the $2.30 billion recorded during the same period in 2025. However, the number of disclosed transactions fell from 403 to 315, suggesting that a smaller number of deals accounted for a larger share of the capital raised. The third quarter was a major contributor to the improvement.…

  • Moniepoint UK Turns Profitable After MonieWorld Customer Transfer

    Moniepoint UK has reported a profit of $36,284 after taking on customers previously served by MonieWorld, highlighting the financial implications of the Nigerian fintech group’s efforts to reorganise its UK operations and strengthen its international presence. The development comes as Moniepoint continues to expand beyond Nigeria, where it has established itself as a major provider…

  • Kenya’s Fintech Rules Raise Investor Concerns

    Kenya is moving to overhaul its payment services regulations in a bid to provide clearer rules for financial technology companies, but proposed approval requirements could make it more difficult for startups to secure investment quickly. The draft National Payment System Bill 2026, developed by the National Treasury and the Central Bank of Kenya (CBK), seeks…