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Daily-Brydging bridges a commercial deficit through its trade operations

Today's highlights include: The National Identity Management Commission (NIMC) issues a caution to Nigerians regarding the illicit sale of NIN data to scammers. Brydge aims to function as the driving force behind the Africa Continental Free Trade Area's (AfCFTA) implementation. Sun King secures...

Bridgeing Daily's Trade Deficit
Bridgeing Daily's Trade Deficit

Daily-Brydging bridges a commercial deficit through its trade operations

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Africa's tech ecosystem has experienced a significant boom in the first half of 2025, with a 78% increase in funding compared to the same period last year. According to recent reports, the continent raised a total of $1.42 billion, placing it on track to surpass last year's $2.2 billion total funding.

Leading the charge is Senegal, which has secured $148 million in deals across Tier 2 and Tier 3 markets. Nigeria, Egypt, South Africa, and Kenya have also received substantial funding in the Tier-1 markets, amounting to approximately $1.08 billion.

In Nigeria, the National Identity Management Commission (NIMC) has urged citizens to secure their identities using its newly launched verification service, NINAuth, following the discovery of a large-scale operation involving 12,000 Nigerian youths collecting and trading National Identification Numbers (NIN) details. The commission has warned against selling NINs and user data to fraudsters, with some Nigerians reportedly selling their private data for as little as $0.98.

Fintech remains the sector with the most funding, securing 70 deals worth $638.8 million in the first half of 2025. Fintechs acquiring NINs outside official channels could be using them to speed up customer acquisition or meet Know-Your-Customer (KYC) requirements.

Kenya's push toward universal electricity access by 2030 is being supported by significant capital from local commercial banks. One of the largest solar companies in Africa, Sun King, has raised $156 million to scale its solar reach across Kenya.

West Africa and South Africa have had the highest number of Mergers and Acquisitions (M&A) deals, with both regions recording 24 deals each since 2023.

Meanwhile, in the world of technology, Microsoft's native browser, Microsoft Edge, is transforming into an AI browser with the new Copilot Mode. This experimental, opt-in feature aims to enhance and streamline the web browsing experience by integrating AI deeply into the browser interface. Key functionalities include contextual assistance across tabs, task offloading, a smart new tab page, voice navigation, collaborative browsing, and future capabilities like booking reservations and remembering tasks. Copilot Mode is free for a limited time during this experimental phase and is available to Windows and Mac users.

Lastly, an 8-week virtual sprint for early-stage founders building AI-powered startups by INSEAD and Harvard’s Tech for All Lab offers over $100,000 in seed prizes, global mentorship, and demo day exposure. Applications close on July 30.

The African tech ecosystem is in a strong position to continue its growth and innovation, bringing some positive news to the industry's troubles. If local commercial banks continue to back off-grid solutions, Africa could unlock energy access faster without waiting on foreign aid.

  1. Investment in Africa's tech sector has seen a 78% increase in the first half of 2025, reaching a total of $1.42 billion.
  2. Senegal leads the African continent in funding, securing $148 million across Tier 2 and Tier 3 markets.
  3. Nigeria, Egypt, South Africa, and Kenya have collectively raised approximately $1.08 billion in Tier-1 markets.
  4. The National Identity Management Commission (NIMC) in Nigeria has launched NINAuth to secure citizens' identities after a large-scale operation was discovered.
  5. Nigerian youths have been collecting and trading National Identification Numbers (NIN) details, with some selling their data for as little as $0.98.
  6. Fintech remains the most funded sector, securing 70 deals worth $638.8 million in the first half of 2025.
  7. Kenya aims to achieve universal electricity access by 2030 with significant capital from local commercial banks.
  8. Sun King, a leading solar company in Africa, has raised $156 million to expand its solar reach across Kenya.
  9. West Africa and South Africa have recorded the highest number of Mergers and Acquisitions (M&A) deals, with 24 deals each since 2023.
  10. Microsoft Edge is evolving into an AI browser with the new Copilot Mode, aimed at enhancing web browsing.
  11. Microsoft Edge's Copilot Mode offers contextual assistance, task offloading, a smart new tab page, voice navigation, collaborative browsing, and future capabilities.
  12. The Copilot Mode is free for a limited time during the experimental phase and available to Windows and Mac users.
  13. An 8-week virtual sprint for AI-powered startup founders offers over $100,000 in seed prizes, global mentorship, and demo day exposure.
  14. Applications for the startup sprint close on July 30.
  15. The African tech ecosystem is poised for continued growth and innovation, offering hope for the industry's future.
  16. Local commercial banks backing off-grid solutions could help Africa unlock energy access without waiting for foreign aid.
  17. Crypto, financing, mobile, fintech, and logistics have been instrumental in driving Africa's tech growth.
  18. Fashion-and-beauty, food-and-drink, and lifestyle startups have also received investments in various African countries.
  19. Personnel finance and wealth management startups have garnered interest from investors seeking better financial management tools.
  20. Startups in home-and-garden, business, and job-search sectors have also seen funding in the first half of 2025.
  21. EdTech startups in education-and-self-development and skills-training have grown in popularity, focusing on personal growth and career development.
  22. Big-wins and success stories in the tech industry inspire new ventures and opportunities for collaboration.
  23. Investing in tech startups can lead to exciting prospects and significant returns, as seen in various global markets.
  24. Mixed-martial-arts, sports-betting, and casino-games have emerged as popular interests in Africa, showcasing the continent's growing entertainment scene.
  25. Basketball, soccer, football, tennis, golf, American-football, hockey, baseball, basketball, WNBA, NCAABasketball, MLB, NHL, racing, NBA, Masters, Grand-Prix, horse-racing, and weather forecasting remain popular sports in Africa.
  26. Responsible-gambling and learning resources are available to help promote responsible behaviors in the growing casino-culture.
  27. Casino-personalities, casino-trends, and Las-Vegas continue to influence the casino and gambling scene in Africa.
  28. Lotteries, casino-games, and sports-betting platforms have gained popularity in African markets, fostering a thriving gaming industry.
  29. Technology and innovation are transforming various sectors, including travel, fashion-and-beauty, food-and-drink, and lifestyle, offering new opportunities for investment and growth in Africa.

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