News

EXCLUSIVE

MTN  Nigeria suffered over 25 fibre cuts daily in 2025

MTN's office

EXCLUSIVE

Andela acquires Woven, strengthens AI engineer assessment capabilities

Andela's office. /techpoint.africa

EXCLUSIVE

Worldcoin deletes Kenyans’ biometric data following court order

Scanning people's eyes with WorldCoin's ord

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Nigeria posts lowest funding share among Africa’s big four as startups raise $3.8bn in 2025

A picture of someone counting stacks of money. Used in this instance to depict huge sums of money for stuff like payments. student loans, trade among others

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Egypt ends duty-free mobile phone exemption for incoming passengers

A pile of smartphones

EXCLUSIVE

Indian defence player targets Africa to boost country’s exports

Armoured vehicles

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Google Report: Nigeria leads rest of the world in AI for learning, 26% above global average

Google

EXCLUSIVE

Paystack creates holding company, The Stack Group, turns profitable, and bets on AI

Paystack Leadership Team

EXCLUSIVE

Nigeria’s SEC raises capital requirement threshold for fintechs and virtual asset providers

Nigeria's SEC building

EXCLUSIVE

“The third party didn’t exist” – Femi Falana’s lawyer explains why Nigerian court ruled against Meta

Meta Facebook. Image Source: National Interest | techpoint.africa

EXCLUSIVE

inDrive rolled out in-app ads in Nigeria in 2025 as it seeks new revenue streams

inDrive

EXCLUSIVE

Paystack moves into lending as it acquires Ladder Microfinance Bank

Paystack

EXCLUSIVE

Nigeria eyes passage of AI law to lead regulation push in Africa

regulation

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Failed airtime and data purchases in Nigeria will be refunded in 30 seconds under proposed NCC, CBN rules

Truecaller airtime

EXCLUSIVE

Sora raises $2.5 million additional seed to eradicate malaria in Africa with AI-powered drones

Sora

EXCLUSIVE

“Mono acquisition value is way higher than what we have raised” — Abdulhamid Hassan, Mono CEO

Flutterwave acuires Mono techpoint.africa

EXCLUSIVE

PiggyVest reports ₦1.3 trillion in payouts and over 6 million users in 2025

PiggyVest co-founders

EXCLUSIVE

MTN and Airtel face service outages in Abuja due to diesel supply disruptions

Mobile Telecoms

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CBN gives financial institutions one month to route all PoS transactions through NIBSS and UPSL

Someone using an ATM card at a Point of sale machine

EXCLUSIVE

NALA receives Bank of Ghana approval, partners with BigPay to expand remittance services

NALA's team /techpoint.africa




















MTN  Nigeria suffered over 25 fibre cuts daily in 2025

MTN received over 1.6 million customer complaints via calls, emails, social media, and walk-in centres

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Andela acquires Woven, strengthens AI engineer assessment capabilities

Andela has acquired Woven, a technical assessment company, to deepen its AI-focused hiring capabilities as global demand rises for engineers who can build and deploy AI systems at scale.

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Worldcoin deletes Kenyans’ biometric data following court order

Worldcoin has deleted all biometric data collected from Kenyans after a High Court ruled the project’s data practices unlawful.

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Nigeria posts lowest funding share among Africa’s big four as startups raise $3.8bn in 2025

Nigeria recorded its lowest funding share among Africa’s four largest startup markets in 2025, taking just eight percent of the continent’s $3.8 billion in disclosed funding.

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Egypt ends duty-free mobile phone exemption for incoming passengers

Egypt has scrapped the duty-free phone allowance for travelers, citing booming local manufacturing. The move, effective Wednesday, has sparked criticism from lawmakers concerned about its impact on expatriates.

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Indian defence player targets Africa to boost country’s exports

Tata is expanding into Africa as India pushes defence exports, opening a Morocco factory and pursuing military hardware deals with regional governments.

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Google Report: Nigeria leads rest of the world in AI for learning, 26% above global average

The result revealed that 88% of Nigerian adults use AI chatbots for various reasons, including education, business, and entrepreneurship.

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Paystack creates holding company, The Stack Group, turns profitable, and bets on AI

Paystack says it is now profitable as it launches The Stack Group, a new holding company that brings together its payments, banking, and AI ambitions

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Nigeria’s SEC raises capital requirement threshold for fintechs and virtual asset providers

Nigeria’s SEC has raised minimum capital requirements for fintechs, virtual asset providers, and fund managers, tightening oversight as it seeks to strengthen market stability and investor protection.

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“The third party didn’t exist” – Femi Falana’s lawyer explains why Nigerian court ruled against Meta

Here’s why a Nigerian court held Meta responsible for a false video posted on Facebook about Femi Falana.

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inDrive rolled out in-app ads in Nigeria in 2025 as it seeks new revenue streams

inDrive has launched in-app advertising in Nigeria, adding a new revenue stream as ride-hailing platforms face pressure on commissions, driver earnings, and long-term sustainability.

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Paystack moves into lending as it acquires Ladder Microfinance Bank

Paystack is expanding beyond payments into lending after acquiring Ladder Microfinance Bank. The deal gives the Stripe-owned fintech a banking licence, allowing it to offer loans, hold deposits, and launch new financial services in Nigeria

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Nigeria eyes passage of AI law to lead regulation push in Africa

Nigeria moves to pass its first AI law, seeking to balance innovation with safeguards and position itself as a continental leader in regulating artificial intelligence.

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Failed airtime and data purchases in Nigeria will be refunded in 30 seconds under proposed NCC, CBN rules

Nigerians may soon get refunds for failed airtime and data purchases in as little as 30 seconds. A new NCC, CBN framework sets clearer rules for banks and telcos and promises faster resolution of failed transactions.

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Sora raises $2.5 million additional seed to eradicate malaria in Africa with AI-powered drones

Sora Technology has raised an additional $2.5 million to scale its use of drones and AI in combating malaria across Africa.

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“Mono acquisition value is way higher than what we have raised” — Abdulhamid Hassan, Mono CEO

Flutterwave has acquired Mono in a rare multi-million dollar deal. Techpoint Africa confirms that the value is significantly higher than Mono’s $17.5 million total funding, bringing the deal closer to $40 million.

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PiggyVest reports ₦1.3 trillion in payouts and over 6 million users in 2025

PiggyVest crossed 6 million users in 2025, paying out ₦1.3 trillion as it expanded its infrastructure and business-focused products.

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MTN and Airtel face service outages in Abuja due to diesel supply disruptions

Lack of diesel in MTN and Airtel base stations has caused network outages in Abuja. The NCC blames activities of National Oil and Gas Suppliers Association.

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CBN gives financial institutions one month to route all PoS transactions through NIBSS and UPSL

CBN mandates dual connectivity for all PoS transactions, forcing banks and PSPs to link with NIBSS and UPSL within 30 days.

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NALA receives Bank of Ghana approval, partners with BigPay to expand remittance services

Fintech startup NALA has secured approval from the Bank of Ghana to launch remittance services in the country, partnering with BigPay to deliver cross-border payments to individuals and businesses.

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