A non-custodial crypto exchange based in Nigeria that allows users to retain control of their funds.
Inside Africa’s tech layoffs: What the data says (2023–2026)
Africa's tech ecosystem raised a record $4.65 billion in 2022, but funding fell by 37.2% to $2.92 billion in 2023. Alerzo, a Nigerian B2B e-commerce startup, laid off over 400 staff in March 2023 due to over-hiring and macroeconomic conditions.
Nigerian crypto startup Quidax cuts jobs amid push into B2B products
Quidax terminated the appointment of employees across multiple teams, including sales, design, and operations. The company announced the layoffs during a company-wide all-hands meeting on March 2, 2026.
Zap Africa cuts 44% of workforce in AI-driven restructuring
Zap Africa cut 44% of its workforce in February 2026 as part of a restructuring effort. The layoffs affected roles across design, operations, marketing, and support teams.
Zap Announces Major Rebrand
Zap Africa has unveiled a rebrand featuring a new logo and upgraded product, Zap Exchange. The new product offers a faster, more innovative, and intuitive user experience.
