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Investigative report
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Our deep-dive investigative reports provide inside stories about companies and products that matter in the African tech space.
Exclusive: Since its relaunch in May, crypto company, Paxful has been struggling to survive
The source told Technext that with recent happenings in the company, Paxful might be finally heading towards a closure...
How Jesam Micheal allegedly scammed thousands of ‘crypto investors’ across the world with the Afriq Arbitrage System
In the second half of 2022, a certain Jesam Micheal, a Nigerian man rumoured to be in his…
Exclusive: Risevest clarifies mass disabling of accounts, opens up on battle with round-tripping
Risevest was the object of a recent social media attack. Customers accused the fintech company of seizing their funds and restricting their accounts at whim...
FACT CHECK: Afriq Arbitrage System was not built using blockchain technology, here’s how the $87m scam worked
The internet is rife with reactions and comments on a particular individual, who allegedly ‘hacked a blockchain’ of…
Red Flags Abound; Payday users lament questionable service, loss of funds
"We lost our startup capital, partly due to a phishing attack and partly due to security and ethical flaws on Payday"
Default in payouts, shutdown office, ruined lives; the story of Farmforte’s Agropartnerships’ crooked ‘exit’ from the Nigerian market
Farmforte™ launched Agropartnerships in 2018 to bridge the considerable gap between farmers and the financing which farmers need…
EXCLUSIVE: Mara ex-employees share inside story about heavy spending, layoffs and future uncertainties
Although most of the personnel occupied redundant positions, Mara paid them handsome salaries, adhering to the standards of international web3 company.
Senate committee on ICT manipulated NITDA report, dubiously trying to scale bill into law- Gbenga Sesan
Nigerian tech leader and Executive Director of Paradigm Initiative for Information Technology, Gbenga Sesan, has accused the Senate…
Drivers at arms: Cab-hailing drivers in Ghana talk about taxes, robberies and bearing weapons to survive
In particular, an area called KC Nungua is dreaded because of the constant episode of robbery and car snatching that drivers suffer there. Drivers have lost money, phones and their vehicles to criminals masquerading as passengers...
Wallets Africa’s failed transactions: a case of poor customer service, fraud, or backend struggle?
Customers have reported that their monies have been held down and communication with Wallets Africa to resolve the issues has seemed almost impossible.