Fintech
OPay made $72m profit in 2025 after losing $51m the year before
OPay swung from a $50.98m loss to a $72.47m profit in FY2025 as revenue jumped 161% and transaction volume doubled. Here's what the numbers reveal.
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Nigerian founders can pitch to 200+ investors at GITEX Lagos in SeptemberWindows users in Nigeria warned: patch RDP now or risk takeoverYellow Card shuts retail app, pivots to business stablecoin paymentsNigerian founders can now unlock startup tax breaks, but the delivery still lagsDevelopers can now run OpenAI's smartest model 14× faster via a new tierNigerian founders can pitch to 200+ investors at GITEX Lagos in SeptemberWindows users in Nigeria warned: patch RDP now or risk takeoverYellow Card shuts retail app, pivots to business stablecoin paymentsNigerian founders can now unlock startup tax breaks, but the delivery still lagsDevelopers can now run OpenAI's smartest model 14× faster via a new tier
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Nigerian founders can pitch to 200+ investors at GITEX Lagos in September
Windows users in Nigeria warned: patch RDP now or risk takeover
Yellow Card shuts retail app, pivots to business stablecoin payments
Nigerian founders can now unlock startup tax breaks, but the delivery still lags
Developers can now run OpenAI's smartest model 14× faster via a new tier
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Startup
Mr Eazi's Choplife just moved into a Nigerian digital free zone
The musician's cross-border startup Choplife is now operating from Itana, Nigeria's first digital free zone, to expand across Africa.
Tech News
Users can now see why X hides their posts from the For You timeline
X released ranking code and an "Under the Hood" tool showing labels that limit post visibility, including signs of shadowbanning.
Insights
AI now powers over half of Africa's cybercrime, Interpol finds
Criminals are adopting AI faster than law enforcement, using deepfakes and synthetic identities to defraud banks, telcos, and governments.
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Road crews are breaking Nigeria's internet — new rules say they must stop
Nigeria is stepping up protection for telecom infrastructure after road construction damaged 5,000 fibre links in six months.
AI & Innovation
Anthropic moves to buy AI startup Decart for $6 billion
Anthropic is reportedly in talks to acquire Decart AI for about $6 billion, its largest known deal ahead of a planned IPO.
Tech News
Shoppers spent R25.5 billion on Shoprite's Sixty60 delivery app
Shoprite's on-demand grocery platform hit about $1.6 billion in annual sales, up 34.5%, now driving over a third of the group's growth.
Tech News
Students' data may have opened bank accounts — Nigeria is investigating
Nigeria's data regulator has launched a forensic probe into UNILAG, Lotus Bank and Hackerbella over claims students' personal data was used to open accounts without consent.
Tech News
Nigerian WordPress users told to update now — bug lets hackers run code
A critical flaw in WordPress before 7.0.3 lets attackers bypulse authentication and potentially take over sites. Nigerian admins are urged to patch.
Funding
Jumia raises $50 million from World Bank arm and Axian to expand African e-commerce
IFC anchors the round with $25 million, with Axian and other investors providing the rest. Funds target logistics, JumiaPay, and core-market growth.
Fintech
Founders can now test crypto and data-driven fintech under new CBN sandbox
Nigeria's central bank opened applications for its second regulatory sandbox cohort, adding dedicated tracks for virtual assets and data-enabled services.
AI & Innovation
Claude users will have their AI text secretly watermarked from August 2
Anthropic has started embedding invisible, machine-readable watermarks into all text generated by new Claude AI models, making the content detectable even after copying and pasting.
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View all →Artists must declare AI-generated identities under new Spotify badge
Tech NewsFounders can pitch at West Africa's biggest tech show as GITEX Nigeria sets 2026 dates
Tech NewsUNILAG students can now get free contraceptives delivered to campus
Tech NewsJeff Bezos-led group nears deal for one-third stake in Liverpool FC
Tech NewsOne in Five Nigerian Stock Trades Now Runs Through a Bamboo App.
InsightsLearners in low-connectivity areas get AI tutor that works offline
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Founder's RepositoryJoin the TechBlit Founders Repo
Building in African tech? Get listed alongside Nigeria's most exciting founders — visible to investors, press, and the ecosystem.
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ATN EP 7: Inside Selar’s Tax Battle with LIRS and the Reality of Running a Hardware Startup | Magnus
Our weekly breakdown of the biggest stories in African tech — watch the latest episode on YouTube.
