Zap Africa Reduces Workforce by 44% Amid AI-Driven Restructuring
INDUSTRIAL IOT
Nigerian cryptocurrency startup Zap Africa has cut 44% of its workforce in February 2026 as part of a restructuring aimed at aligning costs with revenue. The layoffs, which began in December 2025, affected roles in design, operations, marketing, and support.
The company intends to focus on automation and has integrated AI tools into customer support. Despite the cuts, Zap Africa remains operationally stable with ongoing product development and sufficient capital.

Feb 28, 2026, 11:24 PM