Africa's Tech Future, Today.
Africa's first listed bitcoin treasury company has lost its CEO after regulator FSCA debarred three executives over alleged share-price manipulation at its predecessor, Altvest. Reports now point to a board-level clash with shareholders.
Pan-African payments company pawaPay has received a Payment Service Provider licence from the Bank of Mozambique, letting it sign up merchants directly and connect them to the country's mobile money networks.
Subsea cable operator Seacom has placed group CEO Alpheus Mangale on special leave while allegations about how the company is run are investigated. CFO Charl Slabbert is acting CEO.
UK firm FiveNines has been appointed to lead development of a 20MW AI data centre near Casablanca, the first piece of Nexus Core Systems' planned 180MW, renewable-powered AI Factory in Morocco.
Morocco's digital ministry and French AI company Mistral have released two open-source tools built for Moroccan Darija: a dialect identifier and a speech-to-text model that handles code-switching with French and English.
The World Bank says developing countries should stop chasing frontier AI models and focus on cheap, tailored tools that work on weak networks and in local languages. Its latest Africa update shows why the basics come first.
Airtel Money priced its London IPO at 196p a share, valuing the African mobile money business at about £5.3bn ($7bn). Full trading opens today after a soft start in conditional dealings.
After eight years running Ethiopia's dominant telecom operator, Frehiwot Tamru moves into government as Minister of Innovation and Technology. Her move raises questions for both the ministry and Ethio Telecom.
Divorced individuals, widows, and single parents in Africa face significant social stigma and privacy risks when using mainstream dating platforms. In response, specialized platforms like Runo are emerging to offer tailored environments, digital privacy safeguards, and community verification for second-chance dating.
Financial technology startup Chimoney has been acquired by CapitalSage Vantage Limited, five months after announcing its closure due to capital depletion. The acquisition revives the cross-border payment platform, settles outstanding obligations, and secures a regulated pathway for international expansion.
Nigerian startups raised $364 million in August and just $11.3 million in September. One mega-deal explains most of the swing, and the underlying picture is weaker than either month suggests.
Two credible trackers put Africa's nine-month startup funding $800 million apart. The gap comes down to what each one counts, and both agree on the trend that matters: equity is back, debt is cooling.
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