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@techsafarihq

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Your front row seat to the ideas, news and stories driving innovation in African tech. Join 60,000+ others getting weekly updates here: https://t.co/qmBcbT1shn

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Joined August 2023
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@techsafarihq
Tech Safari
1 day
We tripled our subscribers to 60,000 this year. But two articles cost us 1,500 readers. And honestly? We'd probably write them again, here’s why: https://t.co/SvLq8bHmEB
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@techsafarihq
Tech Safari
6 days
Here's what happened this week in Africa's Agric sector: Want to unlock the full story? Get the full analysis, all the figures, and all the deals here: https://t.co/1YJhowK9Bv
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@techsafarihq
Tech Safari
8 days
For most Africans, losing a limb means losing their place in society. Every year, 1.5 million people globally undergo an amputation. In Africa, 9 out of 10 of them will never get a prosthetic. And the culprit isn't just the amputation. Read more: https://t.co/wlutJ6EK0b
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@techsafarihq
Tech Safari
9 days
In Ibadan, Nigeria, young graduates are turning trash into dinner. They're filling plastic bags with sawdust from local workshops, steaming them, adding mushroom spores, and waiting a few weeks. What comes out? click read more: https://t.co/1YJhowK9Bv
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@techsafarihq
Tech Safari
17 days
Wise is officially coming to South Africa. The UK-based fintech has gotten conditional approval from the South African Reserve Bank to operate as a foreign exchange dealer; its first green light anywhere in Africa.
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@techsafarihq
Tech Safari
1 month
The world is aging out of work, except in Africa. Half of Africa's population is under 19. Europe's median age is 43. Asia is 33. North America's is 39. In 20 years, most workers in those regions will be retired or close to it. But Africa will still be in its prime. This is
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@techsafarihq
Tech Safari
1 month
For the first time, Nigeria's government is directly investing in startups. Ventures Platform, one of Africa's most active seed-stage funds, just closed $64 million for its second fund, and one of the investors is iDICE, a federal government program launched in 2023 with $617.7
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@techsafarihq
Tech Safari
1 month
Nigeria produces over 8 million tons of rice annually. More than any country in Africa. Yet it still imports another 2 million tons and spends $2 billion to do so. Ghana spent $280 million importing rice in 2024. And Senegal, $564 million. Meanwhile, Tanzania produces 3
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@techsafarihq
Tech Safari
1 month
Africa is too remote to work remotely. That sounds like a paradox, but it's the reality for millions of young, skilled Africans trying to break into the global remote workforce. The talent is there; Africa has been building world-class software for decades. The demand is there,
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@techsafarihq
Tech Safari
2 months
Four of Nigeria's top 10 most visited websites are betting or porn sites. In Kenya, 79% of adults are active bettors. Nigerians were spending $2 billion a year on sports betting as far back as 2018. And a platform called AllAccess — Africa's OnlyFans — hit 110,000 users in under
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@techsafarihq
Tech Safari
2 months
NVIDIA is doubling down on Africa. The U.S. chipmaker has invested in Cassava Technologies, a pan-African company building the digital infrastructure the continent needs to compete in the AI era. The deal will fund expansion across data centers, cloud services, and connectivity
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@techsafarihq
Tech Safari
2 months
Africa got 0.1% of the $108 billion in AI funding last year. But what if the money doesn't matter? While the US announces $500 billion supercomputers and @elonmusk spends $1 billion a month on AI data centers, Africa faces rolling blackouts and unreliable connectivity. The
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@techsafarihq
Tech Safari
2 months
Moniepoint has closed the other half of its unicorn round. The Nigerian fintech raised an additional $90 million to complete its $200 million Series C, led by Development Partners International's ADP III fund and backed by LeapFrog Investment, Lightrock, Google's Africa
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@techsafarihq
Tech Safari
2 months
Moniepoint burned through nearly $4 million in less than a year to enter the UK. And it has zero regrets. The Nigerian fintech has spent $3.77 million since February 2024 to crack the UK remittance market—and it's not done yet. The company set aside $7.39 million for its London
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@techsafarihq
Tech Safari
2 months
Africa needs more bread. Literally and figuratively. A startup in Egypt raised $10 million to deliver bread. It's now worth $400 million. In Nigeria, the same idea would get laughed out of the room. The difference? The average Egyptian has 4x more money to spend than the
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@techsafarihq
Tech Safari
2 months
After 13 years and over $250 million raised, M-KOPA is finally profitable. The Nairobi-based fintech that lets low-income Africans buy smartphones, solar systems, and insurance on credit posted a profit of $9.2 million in 2024. That's after losing $24.7 million the year before.
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@techsafarihq
Tech Safari
2 months
Meta and Nigeria are talking it out. The tech giant is in settlement talks with Nigeria's Data Protection Commission after a $32.8 million fine earlier this year for violating the country's data privacy laws. The fine followed an investigation that found Meta processed
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@techsafarihq
Tech Safari
3 months
.@Walmart is coming to South Africa this October.
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@techsafarihq
Tech Safari
3 months
Every year, hundreds of startups launch across Africa. Some raise millions. Some arrive with big headlines and bigger promises. And a good number of them end up in the startup cemetery. Some of the biggest failures weren't bad ideas. They were just Silicon Valley solutions
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@techsafarihq
Tech Safari
3 months
.@moove_io is on track to become Africa's 10th unicorn.
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