VEA Capital Partners Invests in StraTech to Revolutionize Africa’s Fintech Infrastructure
VEA Capital Partners announces a strategic investment in StraTech, a fintech infrastructure company in South Africa. StraTech aims to reshape enterprise financial systems across Africa by addressing critical challenges in various industries.
A four-step plan to fix Nigeria’s broken internet
The Affordable Connectivity Program (ACP) in the U.S. has enrolled over 18.5 million households, preventing $33 billion in GDP loss by improving internet access for low-income families. Nigeria's broadband penetration is at 43.53%, significantly below the 70% target for 2025, with 61% of rural dwell
Complete Farmer’s €2.2M raise signals Africa’s shift toward full-stack agtech
Complete Farmer secured a €2.2 million investment from the EU through the AgriFI programme. The funding will help build six rural fulfilment centres across five northern regions of Ghana.
Why AI adoption in Nigeria isn’t just a tech problem
Mayowa Olutuyo emphasizes that cultural resistance is the main barrier to AI adoption in Nigeria. The fear of job loss due to AI affects both employees and managers, leading to quiet resistance against new technologies.
The Real Test for Mobile Finance in Africa
Africa's youth are influencing innovation in financial services through mobile technology. Nearly 30% of adults in developing economies remain unbanked, with financial exclusion affecting women and rural populations.
