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.

  • African Startups Secure $135M in May Funding

    In the dynamic landscape of global emerging markets, the African startup ecosystem continues to demonstrate remarkable resilience and strategic maturity. As of May 2026, reports indicate that African startups have secured $135 million in funding. This figure, while reflective of a cautious global economic climate, underscores a significant shift in how capital is being deployed…

  • Flutterwave Eyes a Unified Financial Future for Africa

    For years, Africa’s fintech revolution has been driven largely by payment innovation. Companies have focused on helping individuals send money, businesses accept payments, and merchants reach customers across different markets. While these solutions have significantly improved financial access, industry leaders increasingly believe that payments alone are not enough to unlock the continent’s full economic potential.…

  • Engineer Uses Tech to Make Tax Filing Easier

    For many Nigerians, paying taxes remains a confusing and frustrating process. From navigating multiple government portals to understanding complex tax regulations, individuals and small business owners often struggle to stay compliant. Recognizing this challenge, a Nigerian engineer decided to create a technology platform to simplify, speed up, and make tax payments and compliance more accessible.…

  • eNaira Shifts from Wallet to Payment Rail

    When the Central Bank of Nigeria (CBN) launched the eNaira in October 2021, it was heralded as a pioneering step toward financial inclusion and the modernization of the nation’s monetary framework. As Africa’s first Central Bank Digital Currency (CBDC), it was designed to offer a secure, cost-effective alternative to physical cash. However, the initial rollout…

  • New CEO Takes Charge at Spiro After Funding Round

    African electric mobility company Spiro has appointed Anant Badjatya, the former chief executive of Indofast Energy, as its new Group CEO following a landmark $215 million equity funding round aimed at accelerating its expansion across the continent. The appointment marks a significant leadership restructuring for Spiro, one of Africa’s largest electric motorcycle and battery-swapping operators.…

  • CreditChek Boosts Credit Infrastructure with $600K

    In a significant development for the African fintech landscape, Nigeria-based CreditChek has successfully raised $600,000 in pre-seed funding. This capital injection is earmarked for an ambitious expansion, aiming to extend its innovative credit data infrastructure into the burgeoning markets of East Africa. The move signifies a growing recognition of the critical role robust credit assessment…