Technology news around the ecosystem!

  • 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…

  • Flutterwave Considers Listing on the Nigerian Stock Exchange Amid Profitability Concerns

    Flutterwave CEO Olugbenga Agboola recently stated that the company will not pursue an IPO until it becomes profitable. However, in a surprising move, Agboola met with Nigerian President Bola Tinubu to discuss a potential listing on the Nigerian Stock Exchange (NGX), sparking speculation about the fintech giant’s next steps. With a $3 billion valuation, Flutterwave…

  • Gokada Files for Chapter 11 Bankruptcy in Delaware Amid Financial Struggles

    Lagos-based mobility company Gokada has filed for Chapter 11 bankruptcy protection in Delaware, aiming to restructure its operations while managing outstanding debts. The filing suggests unsecured creditors may face complete losses, marking a critical moment for the once-thriving startup. Founded in 2017 by Fahim Saleh and Deji Oduntan, Gokada initially gained traction as a motorcycle…

  • Nigeria’s Internet Usage Surpasses One Million Terabytes Amid Digital Transformation

    Nigeria’s internet consumption has hit a major milestone, surpassing one million terabytes in cumulative data usage as of January 2025, according to the Nigerian Communications Commission. However, monthly consumption dropped significantly from 94,502 terabytes in December 2024 to 27,475 terabytes in January 2025. This shift comes as major telecom providers, MTN Nigeria and Airtel Nigeria,…

  • Sendstack Targets $1 Million Revenue with GPS Tracker Sales

    Sendstack, a Norrsken-backed startup, is pivoting from last-mile logistics to fleet management, aiming to generate $1 million in revenue by 2025 through the sale of GPS tracking devices. The company plans to sell 10,000 trackers by July, each priced at ₦100,000, while promoting its fleet management software, CTRL. The trackers, resembling AirTags and running on…