5 African Countries Leading the Tech Boom in 2025
Africa’s tech industry is booming in 2025, with five countries standing out for their rapid growth, investment, and innovation: Kenya, Nigeria, South Africa, Egypt, and Rwanda. These nations are driving advancements in fintech, AI, agritech, and more, while attracting billions in funding. Here’s a quick breakdown: Country H1 2025 Funding
Today Africa Weekly: Tech news recap | July 28 – August 3, 2025
July 28 – August 3, 2025, Africa’s startup ecosystem kept up its fast‑paced momentum, powered by fresh ideas, new funding, and shifting market trends. From young startups finding their footing to established players pushing boundaries, the continent’s tech space is creating opportunities, solving local problems, and catching the world’s attention. Here’s a look
Nigerian court blocks sale of 54gene’s assets, as founder claims investor wrongdoing
In Lagos, the Federal High Court blocks the sale of 54gene’s assets, preserving the integrity of one of Africa’s most ambitious biotech ventures. The ruling comes amid an explosive legal dispute between 54gene’s founder, Dr. Abasi Ene-Obong, and its major investors—Cathay AfricInvest Innovation Fund and Adjuvant Capital—over allegations of corporate
What Investors Look for in African Startups
The days of winning over investors with flashy user numbers and rapid growth alone are over. In 2021, that may have sealed the deal. In 2025, the conversation starts with fundamentals. “Talk me through your unit economics,” an investor now asks as a baseline question. Across Kenya, Nigeria, South Africa,
8 African Startups that Raised Series A in H1 2025
In the first half of the year alone, startups on the continent raised over $1.35 billion, representing a 78% increase from the same period in 2024. At the heart of this funding surge are Series A rounds—critical for startups ready to move beyond seed funding and scale their operations across
8 Ways African Women Entrepreneurs Are Accessing Global Funding
African women entrepreneurs are rising as innovators and leaders, launching businesses that address real-world problems while supporting their communities. Despite their potential, many face major funding challenges due to structural inequalities, limited networks, and cultural barriers. However, a growing number are now accessing global funding through grants, equity financing, accelerators,
MTN Nigeria’s net income grows 180%, hits N414.9bn in H1 2025
The country’s largest telecom operator, with 84.7 million subscribers, MTN Nigeria’s net income grows 180%, reaching N414.9bn in H1 2025, reversing steep losses sustained amid macroeconomic headwinds last year. The rebound was driven by currency stability, improved FX liquidity, and tariff adjustments. The company’s revenue grew 54.5% to ₦2.3 trillion
Grant vs Loan: How to Decide for Your Small Business in Africa
Starting or scaling a small business in Africa comes with a lot of challenges — and at some point, almost every entrepreneur will ask: “How do I fund this next big step?” Whether you’re launching a tech startup, expanding your agribusiness, or opening a creative hub, your dreams need fuel
Captain Ibrahim Traoré: The Transitional Leader Transforming Burkina Faso
Captain Ibrahim Traoré emerged as a defining figure in Burkina Faso’s turbulent political landscape following a series of coups that underscored the country’s deepening security and governance crises. At just 34 years old, Traoré became the world’s youngest head of state when he seized power in a military coup on
Inside M-Pesa’s Journey: An Idea That Changed the Way Africa Moves Money
Inside M-Pesa’s journey lies one of the most remarkable stories of technological innovation reshaping the financial industry of Africa and beyond. Launched in Kenya in 2007 by Safaricom and Vodafone, M-Pesa (short for “mobile money” in Swahili) emerged as a bold experiment to address the limited access to banking services
