---
title: "African technology news"
description: "Read current reporting about African software products and technology markets."
canonical_url: "https://liners.com/news?page=66"
markdown_url: "https://liners.com/news.md?page=66"
type: "listing"
language: "en"
---

# African technology news

Read current reporting about African software products and technology markets.

## Summary

Read current reporting about African software products and technology markets.

## News

| Title | URL | Description | Published |
| --- | --- | --- | --- |
| African Fintech Startup Failures: 6 Patterns Behind Closures | /news/african-fintech-startup-failures-6-reasons-2023-2025 | Condia reviewed about 20 shutdowns and found repeat causes of African fintech startup failures, from funding starvation to governance and licensing gaps. | 2026-05-06T07:01:01.401Z |
| Sycamore Closes ₦6.89bn Commercial Paper, 230% Oversubscribed | /news/sycamore-commercial-paper-6-89bn-oversubscribed | Sycamore says its Series 1 commercial paper closed at ₦6.89bn versus a ₦3bn target, showing strong investor appetite for fintech debt in Nigeria. | 2026-05-05T19:00:33.356Z |
| CashAfrica Partners ChamsSwitch to Unblock Tap-to-Pay Deals | /news/cashafrica-chamsswitch-tap-to-pay-compliance-partnership | CashAfrica has partnered with ChamsSwitch to address compliance gaps holding back its tap-to-pay infrastructure and stalled bank and fintech integrations. | 2026-05-05T18:00:48.951Z |
| dLocal and inDrive Add Cashless Ride Payments in SA | /news/dlocal-indrive-cashless-ride-payments-south-africa | dLocal and inDrive launched in-app card payments and local driver payouts in South Africa, with real-time fare splitting and PayShap transfers. | 2026-05-05T15:00:37.097Z |
| JoonaPay Targets Finance Workflows in Francophone West Africa | /news/joonapay-finance-workflows-francophone-west-africa | JoonaPay, based in Abidjan, is building tools to help businesses manage payments, approvals, and reconciliation, with €1B in waitlisted volume. | 2026-05-05T12:00:37.572Z |
| OmniRetail Launches OmniOne for FMCG Distribution Finance | /news/omniretail-launches-omnione-fmcg-distribution-financing | OmniRetail has launched OmniOne, a platform for FMCG makers to digitise distribution, improve data visibility, and connect financing across West Africa. | 2026-05-05T11:00:35.134Z |
| Alerzo Shuts Singapore SPVs as ₦4.38bn Debt Case Bites | /news/alerzo-shuts-singapore-spvs-moniepoint-debt-case | Alerzo is dissolving Singapore SPVs while facing a Nigerian court order freezing accounts over a ₦4.38bn Moniepoint Microfinance Bank debt. | 2026-05-05T08:00:30.897Z |
| Moonshot by TechCabal Returns to Lagos on Oct 28–29 | /news/moonshot-techcabal-lagos-2026-dates | Moonshot by TechCabal will hold its fourth edition in Lagos on October 28 and 29, 2026, returning to the National Theatre Nigeria. | 2026-05-04T19:00:30.661Z |
| Stears and Ventures Platform Report Flags Exit Liquidity Gap | /news/stears-ventures-platform-exit-liquidity-report-africa | A Stears and Ventures Platform report tracks 181 African tech exits, but warns acquisitions and fewer foreign buyers are limiting real investor liquidity. | 2026-05-04T19:00:30.528Z |
| Shiprazor Raises $2.65M Seed for SA E-Commerce Logistics | /news/shiprazor-raises-2-65m-seed-south-africa-ecommerce-logistics | Shiprazor raised $2.65M seed led by Norrsken22 to scale its fulfilment platform in South Africa and cut delivery failures with AI tools. | 2026-05-04T17:00:33.093Z |
| Stitch Launches BNPL Checkout for South African Merchants | /news/stitch-bnpl-launch-south-africa-merchants | Stitch has launched a BNPL product in South Africa, letting merchants offer 2 to 6 instalments online and in-store, with settlement in 24 hours. | 2026-05-04T16:00:27.977Z |
| SIA Startup Foundry 3.0 Picks 56 Startups for Bootcamp | /news/sia-startup-foundry-3-cohort-56-startups-bootcamp | SIA Startup Foundry 3.0 has selected 56 early-stage startups from Nigeria, Ghana and Ethiopia for a one-month bootcamp ending in a funded final. | 2026-05-04T16:00:26.132Z |
| Nigerian Fintech Reliability Concerns Raised by DevOps Engineer | /news/nigerian-fintech-reliability-devops-adedayo-warning | DevOps engineer Akande Adedayo warns Nigerian fintechs that chasing speed and user growth is driving outages and failed transfers, hurting trust. | 2026-05-04T15:00:35.113Z |
| Nigerian Banks Processed $208B in Mobile Transfers in 2025 | /news/nigerian-banks-208b-mobile-transactions-2025 | Nigerian banks processed $208 billion in mobile transactions in 2025, as app reliability improves and fintechs like OPay and PalmPay face tighter competition. | 2026-05-04T11:00:34.512Z |
| Africa Prudential Launches Sabivest App for Shareholders | /news/africa-prudential-sabivest-share-management-app-launch | Africa Prudential has launched Sabivest, a mobile app to help Nigerian investors manage shareholdings, dividends, and portfolio records in one place. | 2026-05-04T09:00:47.733Z |
| Insight7 Founder Odun Odubanjo Shares Pivot Journey | /news/insight7-odun-odubanjo-pivots-data-analytics | Insight7 CEO Odun Odubanjo explains why he built the analytics product, what he learned from two pivots, and why acting on data is still hard. | 2026-05-02T13:01:16.270Z |
| UBA Fintech Conference Calls for Deeper Bank Partnerships | /news/uba-fintech-conference-bank-fintech-collaboration | UBA hosted its first Fintech Conference and urged closer bank and fintech collaboration across Africa, with PalmPay, OPay, Payaza, Visa, and Mastercard. | 2026-05-01T15:00:47.772Z |
| Nigeria Government Websites Face Cybersecurity Testing Gap | /news/nigeria-government-websites-security-testing-gap | A Nigerian IT consultant warns many government websites are not security-tested, raising risks of cyberattacks, data breaches, and online fraud. | 2026-05-01T14:00:52.951Z |
| Chams Q1 2026 Profit Jumps 188% on Cybersecurity Sales | /news/chams-q1-2026-profit-cybersecurity-revenue | Chams says Q1 2026 profit rose 188% to ₦429.4m as cybersecurity and infrastructure revenue jumped 240% to ₦730.3m, lifting margins. | 2026-04-30T14:01:17.028Z |
| Breet Gets PCI DSS Certification Ahead of Crypto Cards | /news/breet-pci-dss-certification-crypto-cards | Breet says it has secured PCI DSS certification, a key card security standard, as it prepares to launch Mastercard-powered virtual and physical crypto cards. | 2026-04-30T13:58:14.198Z |
| CashAfrica and ChamsSwitch Partner on Nigeria Tap-to-Pay | /news/cashafrica-chamsswitch-nigeria-contactless-tap-to-pay-partnership | CashAfrica partners with ChamsSwitch to scale regulated rails for contactless tap-to-pay in Nigeria, aiming to speed up safer in-store digital payments. | 2026-04-30T12:01:05.034Z |
| Sycamore Confirms X Account Compromise, Warns Users | /news/sycamore-x-account-compromised | Sycamore says its X account was compromised. The Nigerian fintech told users to ignore suspicious posts and links while it works to regain control. | 2026-04-30T11:01:11.505Z |
| Rev360 Tax Platform Goes Live as NRS Starts Phased Rollout | /news/rev360-tax-platform-live-nrs-phased-rollout | Nigeria Revenue Service says Rev360 is live and will roll out in phases, starting with medium and emerging taxpayers, before wider tax administration use. | 2026-04-30T11:01:11.282Z |
| Kaspersky Flags SilverFox Phishing Attacks in South Africa | /news/kaspersky-silverfox-phishing-attacks-south-africa | Kaspersky says the SilverFox group is targeting South African firms with tax-themed phishing emails that deliver malware via fake audit notices and archives. | 2026-04-30T10:01:03.137Z |
| Nigeria CAC Denies Manipulating DAAR Records After Hack | /news/nigeria-cac-denies-manipulation-daar-records-cyberattack | Nigeria’s Corporate Affairs Commission says DAAR Communications PLC records were not altered after a cyberattack, amid online claims of registry tampering. | 2026-04-29T20:01:04.594Z |
| Ilorin Innovation Hub Demo Day Puts Kwara on Investor Map | /news/ilorin-innovation-hub-demo-day-kwara-19-startups | Ilorin Innovation Hub and IHS Nigeria held a first Demo Day in Ilorin, showcasing 19 startups to investors and pitching Kwara as Nigeria’s next tech base. | 2026-04-29T16:01:11.451Z |
| OPay EaseMoni Loan Calls Raise Nigeria Data Privacy Questions | /news/opay-easemoni-loan-calls-nigeria-data-privacy | OPay users say EaseMoni loan browsing triggers persistent automated calls. The reports add pressure on Nigeria’s data protection rules and consent. | 2026-04-29T15:01:22.587Z |
| Latitude59 Pitch Competition Tops €400,000 Prize Fund | /news/latitude59-pitch-competition-400k-prize-fund-african-startups | Latitude59 says its pitch competition prize fund is now over €400,000, with 70 African startups applying and finals set for May 22 in Tallinn. | 2026-04-29T15:01:20.577Z |
| Pgoldapp Gets NDPA Compliance Certification in Nigeria | /news/pgoldapp-ndpa-compliance-certification-nigeria | Pgoldapp says it has achieved NDPA compliance certification under Nigeria’s Data Protection Act, covering how it collects, stores, and transfers user data. | 2026-04-29T14:29:02.035Z |
| Chimoney Listed on Bank of Canada PSP Registry Under RPAA | /news/chimoney-bank-of-canada-psp-registry-rpaa | Chimoney appears on the Bank of Canada Payment Service Provider registry under the RPAA, pointing to a compliance step as it markets AI-ready payments. | 2026-04-29T14:28:19.864Z |

## Related pages

- [Research](/research)
- [Blog](/blog)

## Access and citation

- [Canonical HTML page](https://liners.com/news?page=66)
- [Markdown route index](/sitemap.md)
- [Agent access guide](/llms.txt)