Africa's Tech Future, Today.
The AfroTech Horizon editorial desk. Bylines are replaced with the reporting journalist once a story is commissioned — this account exists so the site has a working author profile before the newsroom is staffed.
South African private equity firm Infinite Partners has secured R2.8 billion ($169.3 million) for its Core Equity Fund II, exceeding its initial fundraising target. Backed entirely by domestic institutional investors, the fund provides capital to established mid-market enterprises across digital infrastructure, software, and financial services sectors.
Lagos Life transformed from a browser simulation game into a commercial venture by monetising virtual real estate. By renting out virtual roadside billboards and lagoon plots to real-world brands, the platform turned viral user engagement into an ad revenue stream.
Across Africa, approximately 906 million people live within reach of mobile broadband networks but remain offline. The persistent digital divide has shifted from physical network coverage to barriers surrounding device affordability, digital skills, electricity reliability, and transaction trust.
As generative artificial intelligence tools lower software development costs, African venture capitalists are shifting their evaluation criteria. Investors now prioritize proprietary datasets, local market defensibility, and clear execution capabilities over easily replicable code.
The Central Bank of Kenya is seeking enhanced regulatory authority to intervene in and directly manage troubled financial technology companies. The proposed legislative changes aim to protect consumer funds and preserve systemic stability across the digital financial services sector.
From early childhood fascination with keyboards and underlying mechanisms, a pioneer's journey evolved from experimenting on a mechanical typewriter to designing high-performance computing infrastructure. Today, those early operational insights fuel the deployment of next-generation exascale AI supercomputers across Europe.
Commercial brands in Kenya are balancing digital marketing expansion with print advertising budgets. Despite audience shifts toward mobile feeds and online news platforms, traditional print newspapers retain unmatched institutional prestige and corporate credibility.
The Foundation for Digital Justice has filed a lawsuit against TikTok Inc. at the Federal High Court in Abuja over access restrictions affecting users in northern Nigeria. The legal action addresses alleged geoblocking across Kano, Kaduna, Kebbi, and Sokoto states.
Wealth management platform Cowrywise has surpassed 1 million executed stock trades on its digital investment application. The milestone reflects expanding retail investor participation in the Nigerian Stock Exchange as young, tech-savvy users adopt automated equity trading tools.
Fintech and asset-financing platform M-KOPA has acquired Finnish software firm KilpiTek Oy for $8 million (approximately KES 1.04 billion). The acquisition brings core device-locking technology in-house as the company scales its pay-as-you-go credit offerings across African markets.
On-demand delivery platform Glovo has appointed Reni Onafeko as its Country Managing Director for Nigeria. Taking over from Lamide Akinola, Onafeko will drive the company's next expansion phase across key urban markets.
The Honor Magic9 Pro Max introduces key hardware updates across its imaging capabilities, battery technology, and processing systems. Designed for premium performance, the device combines upgraded telephoto optics with enhanced power efficiency and on-device features.
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