TechBlit - Igniting Africa's Tech Conversation

Funding

Moove hits $2.1 billion valuation, becomes Africa's newest unicorn

Nigeria-founded mobility fintech Moove raised $250 million in Series C funding at a $2.1 billion valuation, becoming the continent's latest unicorn.

Crypto traders will now pay taxes on their gains under new NRS rules

Nigeria’s tax authority has released guidelines taxing crypto sales, swaps, and staking rewards, enforcing a 1% withholding levy and mandatory Tax IDs.

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.

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.

Editor's Choice

OneDosh users can now top up USD wallets instantly with a debit card

Nigerian fintech OneDosh launched a Stripe-powered onramp letting eligible users fund USD wallets with a debit card and access its full ecosystem immediately.

Young voters can now register on WhatsApp for South Africa's local polls

South Africa's IEC launched a WhatsApp registration line, letting citizens register, check their status, and find voting stations for the 2026 local elections.

Nigerian businesses still crushed by multiple taxes despite reforms, CBN survey finds

A new Central Bank of Nigeria survey shows 70.8% of firms say overlapping taxes remain their top problem, ranking above insecurity and high interest rates.

Businesses can now run AI security over old CCTV, as Sorveo goes live in Lagos

Lagos startup Sorveo has launched an AI platform that plugs into existing CCTV cameras, offering real-time facial and plate recognition without replacing hardware.

Nigerians can now earn rewards as OPay opens affiliate applications

OPay has opened applications for an affiliate programme in Nigeria, letting creators, students, and entrepreneurs earn by driving new user signups and activity.

MTN customers can claim free 25GB data today for its 25th anniversary

MTN Nigeria is giving eligible customers a free 25GB data bundle through its app, valid until 11:59 pm on 8 August 2026.

AI & Innovation

Developing countries don't need big AI models, World Bank says

The World Bank's 2026 development report advises developing economies against competing on large AI models and data centres, urging a focus on local adaptation instead.

Lebara customers can now pay for airtime and data through Payaza

Lebara Nigeria has named Payaza Africa as its exclusive payment partner, letting customers buy airtime, data, and subscriptions directly through the telco's new digital platform.

Worth Reading

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Startup

Healthstack Opens Its DevRel Program

Healthstack has opened its DevRel Program nationwide; paid developer relations roles for applicants in every Nigerian state. Join the network powering Healthstack's identity, consent, and records API linking telemedicine, EMR, lab, and pharmacy apps across Nigeria's healthtech sector.

Aug 3, 2026Paul Aminigbo

Tech News

Customs hires just 3,852 out of 573,680 applicants — a 0.7% success rate

The Nigeria Customs Service offered jobs to 3,852 candidates from 573,680 applications, a 0.7% success rate. Recruitment will now be an annual, merit-based exercise.

Aug 5, 2026The Desk

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

Nigerians spent N1.41 trillion on beer, malt and spirits in six months

Combined revenue from the country's three largest brewers hit N1.41 trillion in the first half of 2026, a sharp rise from N1.09 trillion a year earlier.

Aug 5, 2026The Desk

Fintech

Nigerians can now bank inside WhatsApp with Xara's AI assistant

Xava Technologies launches Xara, an AI assistant that turns WhatsApp into a personal banker for money transfers, bill payments, and airtime purchases without a separate app download.

Aug 4, 2026Emeka Briggs

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