About
A dynamic economy in Africa where Onafriq is developing a unique payments stack.
News published about Nigeria

Bendada.com - Jun 11, 2025
Nigeria’s inflation and banditry crisis ignite food security emergency
Nearly 100 million Nigerians are now food-insecure due to a combination of climate change and insecurity. Inflation in Nigeria surged to 35.41% in January 2024, driven by collapsed agricultural production and rising food prices.

TechCabal - Jun 09, 2025
Rams, chickens, and the price of survival
The price of a ram for Eid in Nigeria has reached ₦400,000, exceeding the national minimum wage for several months. Over 70% of household income in Nigeria is spent on basic needs, indicating a survival economy rather than one of prosperity.

Bendada.com - Jun 05, 2025
PalmPay confirms fundraising talks as expansion plans target Africa and Asia
Palmpay is in advanced talks to raise between $50 million and $100 million in a Series B funding round. The company raised $140 million across its seed and Series A rounds.

Tech Labari - Jun 05, 2025
Trended
PalmPay Eyes Up to $100M in Fresh Funding as it Pushes Beyond Nigeria
PalmPay is in talks to raise between $50M and $100M in a Series B funding round. The company has already raised nearly $140M in previous funding rounds.

Bendada.com - Jun 04, 2025
How AgoraVisa is making the American dream possible for African founders and talents
Less than 5% of U.S. EB-1 visas are awarded to Africans. Many Africans lack the knowledge to complete the EB-1 application process successfully.
Newsletter
Sign up for the Newsletter
Discussion
Have a question related to Africa Tech?
Leverage the Hadu community to get answers and advice for your most pressing questions about Africa Tech.