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.

  • Union Systems upgrades Kachasi with AI features at an exclusive industry event

    Union Systems has officially unveiled a new set of AI-powered enhancements to its flagship trade finance platform, Kachasi, during an exclusive industry soirée that brought together banking executives, fintech leaders, and corporate clients. The event showcased how artificial intelligence is being embedded into traditional trade finance workflows to improve speed, accuracy, and risk management. The…

  • Technext Spotlight hosts open conversations with fintech leaders

    Spotlight by Technext is an exclusive conversation series designed to bring together leading voices in the fintech ecosystem for candid, no-holds-barred discussions about the future of financial services. The platform focuses on creating a space where industry executives, founders, regulators, and innovators can speak openly about the challenges and opportunities shaping digital finance across Africa…

  • CashAfrica, ChamsSwitch collaborate to improve tap-to-pay compliance and security

    CashAfrica has partnered with ChamsSwitch to address persistent challenges in tap-to-pay transactions, a move that could strengthen contactless payment adoption across Nigeria and beyond. Tap-to-pay technology—also known as contactless payments—has gained global traction for its speed and convenience. However, in many African markets, adoption has been slowed by infrastructure gaps, inconsistent transaction success rates, and…

  • Namibian Firm Launches $10M Fund for Startups

    A Namibia-based investment firm has announced plans to support early-stage startups across Southern Africa through a new $10 million venture fund, signaling growing confidence in the region’s entrepreneurial ecosystem. The initiative is aimed at addressing one of the biggest challenges facing startups in Africa—access to early-stage capital. The fund will primarily target startups operating in…

  • Fincra Secures Ghana Licence to Boost Payments Expansion

    Fincra has strengthened its footprint in West Africa after securing a new payments licence in Ghana, marking a significant step in its regional expansion strategy. The approval enables the fintech firm to offer a broader suite of payment solutions within Ghana’s fast-growing digital economy. With the new licence, Fincra can now facilitate local and cross-border…

  • Nigerian Bank Salaries Rise in 2025

    More than 13,000 bank employees in Nigeria are now earning an average monthly salary of about $526, reflecting a notable upward shift in wages across the country’s banking sector in 2025. This development signals a broader response by financial institutions to economic pressures, rising inflation, and increasing competition for skilled talent. Over the past few…