Africa's Tech Future, Today.
African cryptocurrency infrastructure platform Breet is advocating for simpler digital asset payments to drive enterprise adoption. Speaking at Moonshot by TechCabal in Lagos, chief operating officer Vivian Mbene emphasized that enabling businesses to receive local currency settlements directly is critical to overcoming merchant skepticism.
Building consumer software applications alone is insufficient to support sustained digital growth across Africa. Unlocking the continent's digital economic potential requires substantial investment in core foundation layers, including broadband connectivity, energy grid reliability, data centre capacity, and regulatory harmonization.
The Yaoundé Declaration asks African states to host all critical government data locally by 2030. What the data hosting target covers and who could benefit.
Ghana's digital services tax is now collected by banks at the point of payment. What the 20% covers, why GRA says it is not new, and what it means for startups.
The National Identity Management Commission has reaffirmed that Nigeria's national identity database is hosted locally within the country and managed entirely by internal staff. As the agency scales enrolment toward a 95 per cent national coverage target, it is implementing local data hosting and user consent management tools across its identity authentication services.
Global cybersecurity firm Kaspersky is expanding its enterprise footprint across Africa following a decade of profitable growth. The company is targeting large-scale institutional contracts across banking, central government, and critical national infrastructure.
South African private equity firm Infinite Partners has secured R2.8 billion ($169.3 million) for its Core Equity Fund II, exceeding its initial fundraising target. Backed entirely by domestic institutional investors, the fund provides capital to established mid-market enterprises across digital infrastructure, software, and financial services sectors.
Pan-African payment infrastructure provider Kora has launched One Rail, a specialized extension that enables merchants to accept, hold, convert, and settle funds in stablecoins alongside traditional fiat. The initiative addresses persistent cross-border settlement challenges, high foreign exchange fees, and limited dollar liquidity across regional commerce.
An ambitious venture aiming to operate orbital data centres has secured $8 million in capital funding. The project seeks to address growing terrestrial energy constraints by leveraging space-based solar power to process demanding artificial intelligence workloads.
As cloud dependency exposes regional tech to foreign currency risks, Africa Tech Festival 2026 convenes policy and enterprise leaders to build localized data centers, subsea cables, and sovereign AI frameworks.
Local cloud capacity is growing. Whether to use it is a legal question as often as a technical one.
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