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: Gigalayer Acquires Registeram to Strengthen Nigeria’s Domain and Hosting Market
Nigerian web hosting and internet infrastructure company, Gigalayer, has completed the acquisition of domain registrar Registeram in a deal aimed at strengthening its position in Nigeria’s domain registration and hosting ecosystem.
The transaction, completed for an undisclosed sum, gives Gigalayer control of one of the country’s earliest accredited registrars and its long-standing customer portfolio.
Company executives describe the move as part of a broader strategy to consolidate infrastructure assets while preserving durable client relationships built over more than a decade.
Speaking about the acquisition, Gigalayer chief executive Ahmad Mukoshy said the decision was influenced by Registeram’s accreditation status and the stability of its customer base.
“All the customers we’re taking over are customers that have been there for decades,” Mukoshy said. “The chances of continuity are very high. They’re reliable companies, and even those of them that were small when they started have grown and become big companies.”
Other Tech News Stories You Should Read:
RAKEZ and NBF Renew Partnership to Simplify SME and Corporate Banking for Businesses. Read now.
Ricursive Intelligence Raises $300m to Automate Chip Design with AI. Read now.
XSML Capital Raises US$142M for Fourth African Fund, Surpassing Target in Strong Vote of Confidence for SME Financing. Read now.
On Startup Spotlight:
“Dear Experts, Early-stage Startups Will Slow You Down,” a Founder’s Confession
Adewale Yusuf, chief executive officer of AltSchool Africa and chairman of Businessfront Inc, has shared a reflection on a hiring decision he says nearly cost his startup $300,000, highlighting a common but under-discussed challenge facing early-stage founders.
In a recent LinkedIn post, Yusuf recounted how, following a successful pre-seed raise of more than $300,000, his team sought to professionalise operations by recruiting an experienced operator from a venture-backed company that had raised over $30 million. While the hire appeared strategically sound on paper, the move ultimately exposed a misalignment between talent profile and company stage.
The experience, Yusuf says, reinforced a core startup principle, that hiring expertise without stage fit can slow progress rather than accelerate it.
“Don’t hire for pedigree,” he wrote. “Hire for stage-fit. The right talent at the wrong time can still be a wrong hire.”
Quadri Adejumo brings you all the details. Read here.
Also Read:
South Africa’s HAVAÍC Secures Fresh Backing for $50m Fund III, Deepens Stake on Africa-Born Startups With Global Ambitions. 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
