TechBlit - Igniting Africa's Tech Conversation

AI & Innovation

Developers can now run OpenAI's smartest model 14× faster via a new tier

OpenAI is previewing Ultrafast, a Cerebras-powered API tier that runs GPT-5.6 Sol at up to 750 tokens per second. It is open only to select customers.

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.

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.

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.

Editor's Choice

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.

Aug 14, 2026

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.

Aug 14, 2026

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.

Aug 14, 2026

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.

Aug 13, 2026

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.

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.

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Startup

Startup

Startup funding fell 96% in one month — here's what founders should watch

Nigerian startups raised just $4.9m in July 2026, down from $115.2m in June. The headline crash masks a quieter story about which companies are actually struggling.

Aug 8, 2026Adaeze Nwosu

Tech News

Nigeria can now build 90,000 km of open-access fibre across all 774 LGAs

Bridge Open Access has been incorporated to execute Project BRIDGE, transitioning the $2 billion broadband plan from design to nationwide deployment.

Aug 8, 2026Emeka Briggs

Events

Events

Fintechs and Banks can Now Apply for a Lagos Sprint to Turn Gender Data into Real Products

A three-day design sprint in Lagos this September will help financial players turn gender-disaggregated data into practical tools and policies.

Aug 4, 2026The Desk

Insights

Insights

Kenyans are now reporting telcos for fraud and data billing ripoffs, not dropped calls

Kenya's latest telecom report shows a historic shift: consumer complaints about data billing and fraud have overtaken poor network quality for the first time, signalling a trust crisis for operators.

Aug 6, 2026Adaeze Nwosu

Fintech

Fintech

Business owners, not agents: why Moniepoint and OPay aren't fighting the same fight

A viral tweet frames Moniepoint and OPay as rivals, but the best data shows they dominate different layers of Nigeria's POS and banking economy, with clear splits in agent count, market share, and product design.

Aug 10, 2026The Desk

More from Fintech

Weekly ReviewAug 6, 2026

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.

Brand Press