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African Tech Enters a Reset Year as Capital Returns, Companies Consolidate and Profit Takes Center Stage.
Africa’s technology ecosystem is stepping into 2026 with a noticeably different rhythm from the boom years that defined the early 2020s. After a prolonged period of investor caution, funding activity is showing signs of recovery, with total capital raised by African tech companies reaching an estimated $4.1 billion in 2025. While still below historic peaks,…
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Andela Acquires Woven to Strengthen AI Engineering Assessments For Futuristic Purposes.
Andela has acquired Woven, a technical assessment company focused on real-world engineering simulations, in a move that signals how quickly global hiring is adjusting to the realities of AI-driven software development. The acquisition, announced this week, deepens Andela’s push beyond talent matching into skills validation, as companies increasingly demand proof of practical competence rather than…
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Quidax Hits Pause on P2P Trading as Regulation Reshapes Nigeria’s Crypto Market.
Quidax has suspended its peer-to-peer trading feature, marking a notable shift in how regulated crypto exchanges are adjusting to Nigeria’s evolving digital asset rules. The decision comes barely months after the P2P product was introduced, even as the exchange continues to offer other services such as instant swaps and order-book trading. At its core, the…
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South Africa Moves to Link Government Services Through a Unified Digital ID.
South Africa is taking a decisive step toward modernising public service delivery by linking government services through a unified digital identity system. The plan is to allow citizens to use a single digital ID to access multiple government services, reducing the need for repeated verification and in-person visits. From identity-related services to social support and…
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Tech Stream Weekly: Banks Go Shopping, Privacy Pushes Back, and Power Gets Personal.
If this week proved anything, it’s that African tech is quietly but firmly entering a more mature phase. Less hype, more consequences. From billion-dollar banking moves to governments flexing regulatory muscle and infrastructure bets that finally feel practical, the stories weren’t just interesting, they were directional. South Africa’s Nedbank stepping in to take control of…
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Chipper Cash Stops Burning Cash — A New Chapter for This African Fintech Giant.
For years, Chipper Cash was the poster child of Africa’s fintech boom; growing fast, raising big rounds, and spending aggressively to capture markets across the continent. But 2026 tells a different story. The company has quietly reached a major milestone: it has stopped burning cash and is now operating in positive cash flow. Simply put,…
