When we put together the first State of Health Tech report in 2018, one sector led overwhelmingly. Startups trying to help patients connect with doctors virtually had the highest number. The reason was simple; there was a low barrier to entry, and many of the founders were doctors themselves. It was
| By: Francis Onyemachi The adoption of Artificial Intelligence (AI) in Nigeria is growing rapidly from basic awareness and digital literacy to plans for innovation, economic growth and global competitiveness. Beyond adoption and rising interest from organisations, businesses and government, the nee
South African startup HyperDev has raised US$1 million in pre-seed funding from a network of venture capital investors from Europe and the UK, as the generative AI software development platform approaches 100,000 users. HyperDev, which launched its alpha testing versions in 2025 and launched a versi
Flutterwave has secured a strategic investment from Circle Ventures to expand USDC-powered payments and settlement across Africa, as the continent’s largest fintechs race to capitalize on growing demand for faster and cheaper cross-border transactions using stablecoins. The investment, whose value w
| By: Francis Onyemachi Nigeria has maintained its position as Africa’s leading fintech ecosystem, with the combined valuation of its fintech companies now exceeding $10.6 billion across more than 500 firms. The figures are contained in the State of Enterprise Report 2026 released by EnterpriseNGR,
South African AI startup HyperDev has raised more than $1 million (R16 million) in pre-seed funding to expand a software development platform that helps users turn AI-generated code into fully deployed applications. The round was backed by venture capital investors from Europe and the UK, underscori
The Nigerian government has halted the enforcement of overlapping rules for internet platforms, marking its strongest move yet to create a single regulatory framework for the digital economy.
According to the minister, the rapid growth of Nigeria's digital economy has created areas where the responsibilities of regulators now overlap. The post FG Suspends New Digital Regulations as It Works on Unified Policy appeared first on Tech | Business | Economy.
On Techpoint Digest, we discuss the suspension of operations by Nigerian startup FoodCourt, the SEC adding two new crypto companies to ARIP, the possibility of Kenyan ISPs charging by data usage, and the success of Pick n Pay's digital grocery push.
In today's edition: Flutterwave raises from Circle Ventures || Kenya launches ICT sandbox || Nigeria wants one rulebook for the Internet || Traffic is making Starlink users queue
Andrea Aid, a Port Harcourt-based startup is building a medical crowdfunding platform that helps patients raise money for treatment by connecting them with donors.
Catalyst Fund has secured $30 million in commitments for its Africa-focused climate resilience investment strategy, attracting new backers including the International Finance Corporation, Shell Foundation and Trafigura Foundation as investors increase their bets on adaptation technologies across the
Jubilee Group is partnering with BimaLab, FSD Africa’s insurtech accelerator, to develop and test new insurance products aimed at reaching low-income consumers and small and medium-sized enterprises (SMEs), targeting one of the largest untapped segments in East Africa’s financial sector. The initiat
Kano, Enugu and Abuja DisCos decline Nigeria’s electricity distribution companies installed 357,495 meters in the first quarter of 2026, the Nigerian Electricity Regulatory Commission (NERC) said in its Q1 2026 report, describing the number as the highest quarterly deployment in five quarters. NERC
Twenty startups advanced to the final pitch, where 10 emerged as winners. Data Entry Academy took the top prize, followed by startups from Egypt and Senegal in second and third place, respectively.
Airtel Africa Foundation has commenced the DigiLeap Women in Tech Programme, a transformative initiative designed to equip 200 young women from underserved communities in Ikorodu, Lagos, with industry-relevant digital skills. Through Airtel Nigeria and in partnership with the Ishk Tolaram Foundation
