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.

  • Counder Puts African Founders in the Global AI Investment Map

    The global artificial intelligence boom is not only transforming industries but also redrawing the map of where capital, talent, and innovation flow. As major economies race to build AI infrastructure—from data centers to foundation models—new ecosystems are forming around this build-out. Yet, much of the conversation has remained concentrated in the United States, Europe, and…

  • Solarbox Builds Solar-Powered EV Ecosystem in Senegal

    Senegal is emerging as a surprising testing ground for solar-powered electric mobility in West Africa, and Solarbox is positioning itself at the center of this shift. The company is building an electric vehicle (EV) ecosystem that leans heavily on solar energy, aiming to solve one of the region’s most persistent challenges: unreliable and expensive grid…

  • Beltone and Telda Partner to Expand Digital Investing in Egypt

    Egypt’s investment landscape is set for a significant transformation as financial services powerhouse Beltone partners with fintech startup Telda to make mutual fund investments more accessible to a new generation of digital investors. The collaboration aims to bridge the gap between traditional wealth management and modern financial technology, giving millions of Egyptians easier access to…

  • Chimoney Finds Buyer Weeks After Shutdown Announcement

    In a surprising turn of events, fintech startup Chimoney is set to be acquired just four weeks after announcing plans to shut down its operations. The development marks a dramatic reversal for the company, offering a potential lifeline to its technology, customers, and mission after what appeared to be the end of its journey. Chimoney,…

  • PawaPay Surpasses 3 Billion Mobile Money Transactions in Africa

    PawaPay, one of Africa’s leading mobile money payment infrastructure providers, has announced a major milestone, surpassing 3 billion transactions processed across the continent’s rapidly growing mobile money ecosystem. The achievement highlights the increasing role of digital payments in Africa and underscores the company’s position as a key enabler of financial inclusion and cross-border commerce. Founded…

  • Flutterwave Soars to $3.25 Billion Valuation

    African fintech giant Flutterwave has reached a valuation of $3.25 billion following a successful Series E funding round backed by blockchain payments company Ripple. The latest investment marks another major milestone for the Lagos-founded startup, reinforcing its position as one of Africa’s most valuable technology companies and a leading force in the continent’s rapidly expanding…