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Chinese technology influence in Africa is extending from phones and telecoms equipment into fintech and AI, according to a TechCentral interview with Lexi Novitske, general partner at Norrsken22. The episode’s summary says African startups are turning to models such as Alibaba’s Qwen because they are cheaper and more available—but it provides no comparative prices or adoption figures, so this is a reported explanation, not a measured market-wide result.

What Novitske says is changing in African tech

TechCentral’s 1 October 2026 episode with Novitske and editor Duncan McLeod frames Chinese influence as a progression across several layers of technology:

  • Devices and telecoms equipment: Chinese firms have established a presence in phones and network equipment.
  • Fintech: The conversation considers Chinese-backed or Chinese-linked competition in financial technology, including the aggressive growth strategies associated with OPay and PalmPay.
  • AI models: The episode summary says African startups are increasingly building on Chinese models such as Alibaba’s Qwen.

This is the episode’s account of the trend. Its summary does not provide market-share data or independently demonstrate how widespread any of these developments are.

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Why African startups are looking at Chinese AI models

TechCentral summarizes Novitske’s argument as one of cost and availability: startups may find Chinese models such as Qwen less expensive and more accessible. The episode page gives no model-by-model prices, service terms, technical comparisons or adoption rates. It therefore supports describing these as reasons raised in the interview, not claiming that Chinese models are universally cheaper, better or dominant across African startups.

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Why Nigeria remains difficult for investors

Novitske moved to Nigeria in 2012 and has invested from Lagos since then, according to TechCentral. In the episode summary, she treats unpredictable regulation and shortages of top talent as more significant obstacles than power cuts. That is her reported assessment, rather than a quantified ranking of business risks across the country.

OPay and PalmPay’s losses and competition

The page says the conversation discusses OPay and PalmPay’s years of losses as part of their competitive push, alongside regulatory unease about the consequences. It does not provide financial statements, loss amounts or a detailed account of regulators’ positions, so the point should be understood as a theme in the interview rather than a complete financial or regulatory assessment.

Where Novitske sees investment opportunity

As summarized by TechCentral, Novitske sees Egypt and South Africa as the strongest current opportunities, with Nigeria likely to follow. This is her investment view as reported in the episode, not an independently ranked comparison of African markets. The summary also notes that Silicon Valley’s AI boom is diverting venture capital, a theme that helps explain the competitive backdrop for African startups seeking funding.

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What Norrsken22’s fund figures show—and do not show

TechCentral reports that Norrsken22, a pan-African growth fund backed by Nordic technology founders, closed its debut fund at US$205 million in 2023. At the time of the 1 October 2026 episode page, the fund was about halfway through deploying that capital and had no exits. These details describe the fund’s status as reported on that date; they do not establish its eventual returns or performance.

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Exit routes: Johannesburg and overseas listings

The discussion raises both local and international routes to liquidity. TechCentral’s summary mentions Optasia’s oversubscribed listing on the Johannesburg Stock Exchange and says some African fintech companies are looking toward markets such as New York, London and Hong Kong. One listing does not establish a broad shift in African companies’ exit preferences. The episode also raises the possibility that one or two successful investments can return an entire fund, underscoring how concentrated venture outcomes can be.

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How to read the interview’s claims

The episode page is useful for understanding the issues Novitske discusses, but it is a summary rather than a full transcript. It does not provide verbatim quotes or enough evidence to verify broader claims about Chinese market adoption, venture-capital flows, regulation or investment performance. The most grounded takeaway is the shape of the argument: Chinese participation is being discussed across devices, fintech and AI, while investors weigh model access, regulatory predictability, talent, funding competition and possible exit markets.

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Read TechCentral’s episode summary.

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