Techpoint Africa

6 days ago | techpoint.africa | Victoria Fakiya

Olá,Victoria from Techpoint here,Here’s what I’ve got for you today:Jumia’s still losing money, but it’s losing lessHow to outplay regulators as a founderAirtel mints $145B via mobile moneyJumia, Africa’s eCommerce platform, just shared its Q1 2025 financials, and while the numbers look rough on the surface, there are some promising signs. Revenue dropped by 26% to $36.3 million, mostly because of a slump in corporate sales in Egypt and currency troubles in key markets.

1 week ago | techpoint.africa | Victoria Fakiya

Privet,Victoria from Techpoint here,Here’s what I’ve got for you today:Zambia goes paperless to save $15MWhy SA’s PayShap is not catching onWorldcoin loses face in KenyaGoing paperless isn’t just a trend anymore. It’s becoming a government-wide mission in Zambia. This week, SMART Zambia Institute kicked off a smart office customisation workshop in Chilanga District, marking another step in the country’s digital transformation.

1 week ago | techpoint.africa | Victoria Fakiya

Buongiorno,Victoria from Techpoint here,Here’s what I’ve got for you today:Senegal’s Teranga goes regional with fresh $3.4M in the bagComplete Farmer exports Africa’s harvestAfrican startups bounce back in April with $343MSenegal’s Teranga Capital just bagged about $3.4 million (CFA 2 billion) to expand beyond its home turf. The private equity firm wants to spread its wings into Mauritania, Guinea-Bissau, and Cape Verde as it eyes overlooked markets in Francophone West Africa.

1 week ago | techpoint.africa | Chimgozirim Nwokoma

Agriculture is the backbone of Africa’s economy, employing over 60% of the continent’s labour force and contributing significantly to the gross domestic product (GDP) in many countries. In Ghana, home to agritech startup Complete Farmer, agriculture makes up 54% of its GDP, accounts for over 40% of export earnings, and employs 52% of the labour force.

1 week ago | techpoint.africa | Chimgozirim Nwokoma

Profit before tax slumped to ₦181.5 million in Q1 2025. While revenue is up 11.5% year-on-year to ₦3.87 billion, finance costs have risen nearly tenfold from a year earlier. A marginal increase in net profit was supported by a lower tax expense. Chams Holding Company Plc reported a steep 54% year-on-year drop in profit before tax for the first quarter of 2025, as surging finance costs weighed on its bottom line despite healthy top-line growth.