Tech Newsletter December 19 2025 —African Tech Founders, Cyera, MoneyHash, and other top tech trends today

Tech-Parley
4 Min Read

Hi, welcome to Tech This Evening, an After-Work Tech Newsletter from Techparley Africa. Sure, there is a lot to unpack right now. Sit back, while I walk you through.

Top Story: Top 10 African Tech Founders You Should Know 

African tech founders are transforming the continent’s digital economy, building companies that span fintech, e-commerce, healthtech, logistics, and deep technology.

Figures such as Strive Masiyiwa, founder of Econet Group and Cassava Technologies; Gbenga Agboola, founder and CEO of Flutterwave; Rebecca Enonchong, founder and CEO of AppsTech; Shola Akinlade, co-founder and CEO of Paystack; and Juliana Rotich, co-founder of Ushahidi exemplify this wave of innovation.

Other notable African tech founders making an impact include Katlego Maphai, co-founder and CEO of Yoco; Iyinoluwa Aboyeji, co-founder of Andela; Mustafa Elattar, founder of Intixel; Nick Mwendwa, founder of Swerri; and Maya Horgan Famodu, founder of Ingressive.

These leaders are not only driving the growth of individual startups but are also shaping Africa’s broader technology ecosystem, influencing investment flows, workforce development, and the future of digital infrastructure across the continent.

Read more about this here.

Other Tech News Stories You Should Read:

Egypt’s MoneyHash Expands Saudi Footprint With WalaOne Partnership to Simplify Loyalty and Rewards for Merchants. Read now.

Israeli AI Data Security Startup, Cyera, Set for $400m Raise in Blackstone-Led Deal. Read now.

African AI Year in Review: The Rise of Local LLMs, Enterprise Adoption, and Regulation Battles in 2025. Read now.

On Startup Spotlight:

Nawah Scientific Raises $23m to Expand ‘Cloud Lab’ Research Infrastructure in Saudi Arabia and Rwanda

Nawah Scientific, an Egyptian research platform enabling scientists to conduct experiments remotely, has raised $23 million in a Series A funding round, marking one of the largest deeptech investments in the region’s life sciences sector to date.

The round, which combines equity and debt, was led by Life Ventures Holding, with participation from Den Venture, Empire M, AfricInvest and Elsewedy, alongside a consortium of regional banking partners.

Founded in 2015 by pharmaceutical scientist Dr Omar Shokry Sakr, Nawah was created to allow scientists, startups and corporations to access sophisticated lab capabilities without heavy capital investment.

“The successful close of this round reflects investor confidence in Nawah’s research-driven business model,” says Sakr. “Our focus in the coming phase is to expand regionally and internationally while continuing to build world-class scientific and technological infrastructure.”

Quadri Adejumo brings you all the details. Read here.

Also Read:

Sun King Secures $40M Equity Boost to Scale Off-Grid Solar Power Across Africa and Asia. Yakub Abdulrasheed brings us the details, here.

Quote of the Day: 

“Any sufficiently advanced technology is equivalent to magic.” – Arthur C. Clarke.

Thank you for joining me yet again this evening. Stay safe, and see you tomorrow for the next tech newsletter.

Best, Quadri

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