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HAVAÍC Secures Over $30m for African Innovation Fund 3 in Latest Funding Milestone

HAVAÍC Secures Over $30m for African Innovation Fund 3 in Latest Funding Milestone HAVAÍC has reached a significant milestone with the third close of its African Innovation Fund 3, securing more than $30 million in...

By: Aikabeli Isreal

1 hour ago

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Crypto Updates

Bitcoin Slumps to $81,000, Wiping 35% Off Peak as $1.68bn Liquidations Hit Crypto Market

Bitcoin has slid to a nine-month low near $81,000 after a 35% drop from its peak, triggering $1.68 billion in liquidations amid geopolitical and US policy uncertainty.

Coinbase’s Branded Stablecoin Push Could Transform African Businesses into Financial Gatekeepers

Coinbase is laying the groundwork for a major shift in how companies handle money. The crypto exchange is developing infrastructure…

USDT Adoption in Nigeria Driven by Real Peer-to-Peer Payments, Not Speculation — YDPay Exec

YDPay COO Nathaniel Luz reveals that stablecoins like USDT are mostly used for peer-to-peer payments and cross-border transactions in Nigeria,…

CZ Rules Out Binance Comeback, Turns Attention to Education, Investments and Government Advisory

Changpeng Zhao says he will not return to Binance after his pardon, opting instead to focus on education, long-term investments,…

Interviews

African Startup M&A Reaches All-Time High in 2025 as Deal Volume Climbs 72%

African startup mergers and acquisitions hit a record 67 deals in 2025, up 72% year-on-year, led by fintech and driven by strategic consolidation, according to TechCabal’s SOTIA report.

How Invisible Risk Teams Protect Nigerians from Online Fraud

Fraud in Nigeria’s fintech space is rising fast, fuelled by AI-powered scams and identity theft. In this exclusive interview, VitalSwap’s…

Jeff Bezos Warns of AI Investment Bubble but Predicts Long-Term Transformation

Jeff Bezos cautions investors about the hype surrounding artificial intelligence, comparing today’s AI boom to past bubbles like biotech and…

Qualcomm Strengthens PC Leadership with Record-Breaking AI-Ready Processors

Qualcomm launches Snapdragon X2 Elite Extreme and Snapdragon X2 Elite processors, delivering record-breaking AI performance, multi-day battery life, and ultra-premium…

Start-up Reviews

HAVAÍC Secures Over $30m for African Innovation Fund 3 in Latest Funding Milestone

HAVAÍC Secures Over $30m for African Innovation Fund 3 in Latest Funding Milestone HAVAÍC has reached a significant milestone with the third close of its African Innovation Fund 3, securing more than $30 million in

Grey Expands Global Business Banking with USD Accounts, Bulk Payments, USDC Support

Grey has announced a major expansion of its business banking services, introducing USD-denominated accounts, bulk payment capabilities, and USDC stablecoin…

Five Must-Have Apps Helping Muslims Navigate Ramadan in the Digital Age

Five Must-Have Apps Helping Muslims Navigate Ramadan in the Digital Age As Ramadan 2026 begins, millions of Muslims worldwide are…

Breadfast Raises $50m Pre-Series C to Fuel Expansion Across Africa

Egyptian e-commerce and quick-commerce platform Breadfast has secured $50 million in a pre-Series C funding round, strengthening its balance sheet…

Industry Analysis

Chams Enters Nigeria’s AI Infrastructure Race With New Subsidiary

One of Nigeria’s oldest indigenous technology firms, Chams Holdings Plc, has launched a new subsidiary as it positions itself to tap into the fast-growing artificial intelligence (AI) and data centre infrastructure market. In a regulatory

Amazon Announces 16,000 Job Cuts as AI and Automation Reshape Corporate Workforce

Amazon is cutting 16,000 jobs worldwide as part of a 30,000-role reduction, reflecting a broader shift toward AI-driven efficiency and…

Top 5 African Fintechs Raised 43% of Funding in 2025, Early-Stage Startups Left Behind

African fintechs raised $1.4B in 2025, but funding was heavily concentrated among five companies, leaving early-stage startups with limited access…

Meta to Reduce Reality Labs Workforce by 10% as AI Becomes Strategic Focus

Meta is set to cut roughly 10% of jobs in its Reality Labs unit, signaling a shift away from metaverse…

Founder Sportlight

African Women Tech Founders Surpass $45 Million in Funding by September 2025

Despite a tough investment climate, African female-led startups raised over $45.4 million by September 2025. Here are the women founders who secured $1 million or more this year across sectors including fintech, biotech, agritech, healthtech,

Meet 10 Owners of CBN-Licensed Mobile Money Operators in Nigeria

From OPay and Paga to PalmPay and PiggyVest, meet 10 influential founders and investors behind Nigeria’s licensed mobile money operators…

Meet the Owners Powering Nigeria’s Smartphone Boom

Nigeria’s smartphone market is booming, driven by major retail chains like SLOT, Pointek, 3CHUB, Phonemart, and Spectrum Phones. Meet the…

Larry Ellison Returns to the Top: Oracle Co-Founder Nears $400 Billion Fortune

Oracle co-founder Larry Ellison is back in the spotlight as his fortune nears $400 billion, driven by Oracle’s AI-powered cloud…

Social Tech

HAVAÍC Secures Over $30m for African Innovation Fund 3 in Latest Funding Milestone

HAVAÍC Secures Over $30m for African Innovation Fund 3 in Latest Funding Milestone HAVAÍC has reached a significant milestone with the third close of its African Innovation Fund 3, securing more than $30 million in

Grey Expands Global Business Banking with USD Accounts, Bulk Payments, USDC Support

Grey has announced a major expansion of its business banking services, introducing USD-denominated accounts, bulk payment capabilities, and USDC stablecoin…

MTN Commits $1.1 Billion to Boost Ghana’s Network, Expand 5G and Improve Service Quality

Telecommunications giant MTN Group has announced plans to invest over $1.1 billion in Ghana over the next three years, as…

Morocco Partners With AXA to Boost Digital Skills and Tech Jobs by 2030

Rabat, Morocco – February 16, 2026 – Morocco has signed a landmark partnership with French insurance giant AXA to strengthen…