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.

  • Slower Tower Expansion by IHS Could Affect Network Quality for Telecom Users in Nigeria.

    Telecom subscribers in Nigeria may begin to feel the effects of slower infrastructure expansion as tower company IHS Towers reportedly reduces the pace of some network infrastructure projects. The development comes at a time when demand for mobile data, digital services, and internet connectivity continues to rise across the country. While telecom operators remain focused…

  • USDT Drives Nigeria’s Stablecoin Boom

    Nigeria’s growing appetite for Tether’s USDT stablecoin continues to position the country at the center of Africa’s digital asset revolution, as more individuals and businesses turn to dollar-backed cryptocurrencies to protect savings, make payments, and conduct cross-border transactions. Recent industry reports show that Nigerians remain among the world’s most active stablecoin users, reinforcing the country’s…

  • Cauridor Secures $2M to Boost Africa’s Cross-Border Payments

    African fintech startup Cauridor has raised $2 million in fresh funding from Proparco to strengthen its cross-border payment infrastructure and solve one of Africa’s biggest remittance challenges — the “last mile” delivery problem. The investment forms part of Cauridor’s ongoing Series A funding round and brings the company’s total funding to $13 million. Founded in…

  • Paymentology Secures $175M to Accelerate Global Fintech Expansion

    London-based fintech company Paymentology has secured $175 million in a major funding round co-led by Apis Partners and Aspirity Partners, marking a significant milestone in the company’s global expansion strategy. The investment is expected to accelerate Paymentology’s growth as demand for modern, cloud-native payment infrastructure continues to rise worldwide. Founded to modernize issuer processing for…

  • FairMoney reportedly in acquisition talks with Shara

    FairMoney is in advanced merger and acquisition discussions with payments startup Shara, in a deal that could reshape the country’s fast-consolidating financial services sector. According to sources familiar with the matter, the talks have been ongoing for several months, with both companies exploring a potential acquisition structure that would integrate Shara’s operations into FairMoney’s broader…

  • Clarus calls for a tailored support model for East African startups

    East Africa’s startup ecosystem has been growing steadily over the past decade, but investors and operators increasingly agree that traditional venture capital models may not fully address the region’s unique challenges. This is the view of Clarus, a firm that argues East African startups require a fundamentally different kind of support—one that goes beyond funding…