Techpadi Africa

29/11/2025

1app and Boldd Successfully Exhibit at the African Startup Festival 2025, Showcasing Africa’s Next-Generation Payment Solutions

1app, a leading African digital finance platform, together with its business solution Boldd, successfully exhibited at the African Startup Festival (ASF) 2025, engaging with founders, investors, innovators, and ecosystem leaders from across the continent. The festival, a key gathering for Africa’s startup ecosystem, provided a platform for 1app and Boldd to showcase their latest solutions for individuals and businesses....

1app, a leading African digital finance platform, together with its business solution Boldd, successfully exhibited at the African Startup Festival (ASF) 2025, engaging with founders, investors, in…

02/11/2025

Digital financial platforms are transforming how Nigerians send, receive, and manage money, particularly for freelancers and small businesses engaging with international clients. 1app Technologies has exemplified this transformation, earning Payment Platform of the Year at the 2025 Ibadan Tech Awards (see news coverage here), following its recognition as Fintech Company of the Year in 2024 — a back-to-back achievement that highlights the company’s growing impact on Nigeria’s fintech landscape....

19/09/2025

South African fintech company Street Wallet, known for its mobile payment solutions designed for informal traders and service providers, has announced the acquisition of Digitip, a local startup that enables digital tipping for informal workers. The deal, finalized for an undisclosed amount, marks a significant step in Street Wallet’s mission to expand its footprint in the informal economy. With this acquisition, Street Wallet is strengthening its presence in KwaZulu-Natal and Cape Town....

30/08/2025

When we sat down with Emeka, a carpenter from Aba, he spoke with the kind of honesty you rarely hear from entrepreneurs. “When I first started, the truth is the furniture no too strong. I just dey use the materials wey I fit buy — cheap wood, nails, polish. People no really care, they just wanted something to manage inside their house....

When we sat down with Emeka, a carpenter from Aba, he spoke with the kind of honesty you rarely hear from entrepreneurs. “When I first started, the truth is the furniture no too strong. I just dey …

03/07/2025

Okra, one of Nigeria's most prominent fintech startups, has quietly shut down operations after six years of pioneering open banking in Africa, marking the end of a company that once raised over $15 million from international investors. The shutdown was confirmed by co-founder and former CEO Fara Ashiru Jituboh, who left the company in May 2025 to join UK startup Kernel as Head of Engineering....

Okra, one of Nigeria’s most prominent fintech startups, has quietly shut down operations after six years of pioneering open banking in Africa, marking the end of a company that once raised ov…

01/07/2025

MTN Nigeria has officially launched the first phase of its ambitious $235 million data centre project in Ikeja, marking a significant step toward reducing Nigeria's dependence on foreign cloud services. The newly unveiled Sifiso Dabengwa Data Centre, named after MTN Group's late former CEO, represents a $120 million investment in Phase 1 alone, featuring a 4.5MW capacity that makes it Nigeria's largest pre-fabricated modular data centre....

MTN Nigeria has officially launched the first phase of its ambitious $235 million data centre project in Ikeja, marking a significant step toward reducing Nigeria’s dependence on foreign clou…

01/07/2025

Elon Musk's artificial intelligence startup xAI has secured $10 billion in new funding, marking a significant milestone in the intensifying competition among AI companies. The funding package includes $5 billion in debt financing through secured notes and term loans, alongside a separate $5 billion strategic equity investment, according to Morgan Stanley, which arranged the deal. The proceeds will fuel xAI's ambitious expansion plans, including the development of one of the world's largest data centers and enhancements to its flagship Grok AI chatbot....

Elon Musk’s artificial intelligence startup xAI has secured $10 billion in new funding, marking a significant milestone in the intensifying competition among AI companies. The funding package…

19/06/2025

Tired of seeing "payment declined" when trying to pay for iCloud storage or Apple Music? You're not alone. Many Nigerians struggle with Apple payments because most local cards don't work with international services that bill in US dollars. Why Your Card Keeps Getting Rejected Apple charges in USD, which creates problems for Nigerian users. Your Naira card fails due to foreign exchange restrictions or gets rejected for not being USD-issued....

Tired of seeing “payment declined” when trying to pay for iCloud storage or Apple Music? You’re not alone. Many Nigerians struggle with Apple payments because most local cards don…

18/06/2025

Facebook is eliminating the distinction between regular videos and reels, announcing that all video content will be shared as reels regardless of length or format in the coming months. The social media giant revealed on Tuesday that users will no longer need to choose between uploading a video post or a reel, streamlining what Meta calls a previously confusing process. The company is also renaming the "Video" tab to "Reels" to reflect this change....

Facebook is eliminating the distinction between regular videos and reels, announcing that all video content will be shared as reels regardless of length or format in the coming months. The social m…

26/05/2025

South Africa has announced a proposed policy change that could finally allow Elon Musk's Starlink satellite internet service to operate in the country without meeting strict Black Economic Empowerment (BEE) ownership requirements. Communications Minister Solly Malatsi published the "proposed policy direction" on Friday, introducing "equity equivalent investment programmes" as an alternative to the current law requiring foreign telecom companies to have 30% ownership by historically disadvantaged South Africans....

South Africa has announced a proposed policy change that could finally allow Elon Musk’s Starlink satellite internet service to operate in the country without meeting strict Black Economic Em…

26/05/2025

Nigeria's telecommunications regulator has introduced new rules requiring mobile network operators including MTN, Glo, Airtel, and 9mobile to publicly inform customers about major service outages and provide compensation when disruptions exceed 24 hours. The Nigerian Communications Commission (NCC) announced the directive on Sunday, mandating operators to use media channels to notify consumers about network problems, their causes, affected areas, and expected restoration times....

Nigeria’s telecommunications regulator has introduced new rules requiring mobile network operators including MTN, Glo, Airtel, and 9mobile to publicly inform customers about major service out…

20/05/2025

Cairo-based Sylndr has secured $15.7 million in fresh funding to transform Egypt's fragmented used car industry into a streamlined digital marketplace. The round was led by Development Partners International's Nclude Fund, with participation from several regional investors. Founded in 2021, Sylndr initially focused on buying, refurbishing, and reselling used cars with warranties. The company has since evolved into a comprehensive mobility platform addressing the full vehicle ownership lifecycle....

Cairo-based Sylndr has secured $15.7 million in fresh funding to transform Egypt’s fragmented used car industry into a streamlined digital marketplace. The round was led by Development Partne…