African Startups Secured $441.9 Million in October 2025, Marking a 217% Surge From September
Africa’s tech and innovation ecosystem experienced a major rebound in October 2025, attracting $441.9 million across 59 transactions. This represents a massive 217% month-on-month increase from the $139.4 million recorded in September, signaling a resurgence in investor activity as the year draws to a close. The funding spike was fueled by large investment rounds, securitization […]
Telecom Operators Cut 383 Jobs as Costs Soar 85% — NCC Report
Nigeria’s telecommunications sector eliminated 383 jobs within a year as operators struggled with rapidly increasing operational expenses, according to the latest Year-End Performance Reports (2023 & 2024) from the Nigerian Communications Commission (NCC). The reports show a reduction in total industry employment from 17,882 workers in 2023 to 17,499 workers in 2024, with layoffs concentrated […]
