Date | Title | Description |
09.09.2024 | Empowering Africa's Future: The Rise of Innovation and Financial Literacy | In the heart of Africa, a revolution is brewing. The tech ecosystem is buzzing with energy, ambition, and a vision for the future. Two recent events highlight this momentum: the partnership between 54 Collective and TechCabal for the Moonsh... |
09.09.2024 | Zedcrest Wealth launches Money Titan Tournament in collaboration with Moonshot by Techcabal | Leading Asset management company Zedcrest Wealth, a subsidiary of the Zedcrest Group, Africa’s foremost financial services powerhouse, has launched its inaugural flagship competition, the Money Titan Tournament. This tournament aims to prom... |
03.09.2024 | The Future of Workforce Development: A Call to Action for Entrepreneurs | In a world where change is the only constant, upskilling has become the lifeline for businesses. The European Commission is pouring millions into workforce development, aiming for 540 million adult training activities by 2025. This initiati... |
03.09.2024 | 54 Collective partners with Moonshot by TechCabal to boost African startup success | TechCabal is pleased to announce 54 Collective as a platinum sponsor for the 2024 Moonshot conference, set for October 9-10 at the Eko Convention Centre in Lagos. This partnership unites two powerhouses in the African tech ecosystem, promis... |
02.09.2024 | Sparkle partners with Moonshot by TechCabal to make wealth creation accessible for Nigerians | Sparkle MFB has partnered with TechCabal as a platinum sponsor for the 2024 Moonshot by TechCabal conference. TechCabal’s annual conference is an opportunity for key players in the African tech ecosystem to engage in conversations promoting... |
02.09.2024 | Mira’s recipe for differentiation in Nigeria’s POS market is an all-in-one hardware | When Mira, a Nigerian fintech that helps restaurants receive payments, launched its QR code payment system in January 2024, it wanted to change how people make restaurant orders.
By allowing anyone to scan a QR code, check out a list of mea... |
29.08.2024 | The Rise of a New E-Commerce Titan in Africa | In the bustling world of African e-commerce, a seismic shift has just occurred. Wasoko, a Kenyan B2B e-commerce platform, has merged with Egypt’s MaxAB. This all-stock merger, finalized after a four-month delay, aims to create a powerhouse ... |
28.08.2024 | The Ripple Effect of Nigeria's Financial Landscape: Opportunities and Human Rights Concerns | Nigeria's financial landscape is a complex tapestry woven with ambition, competition, and human rights dilemmas. The recent surge in bank recapitalization efforts and the troubling case of a detained Binance executive highlight the dual nat... |
28.08.2024 | Bamburi Cement receives new $197.2 million acquisition offer from Savannah Clinker | Savannah Clinker has made a $197.2 million counter-offer for Bamburi Cement, weeks after Kenya’s biggest cement maker accepted an acquisition bid from Tanzania’s Amsons Group. Savannah Clinker offered $0.54 per share, a 53.34% premium on sh... |
28.08.2024 | Starlink launches in Botswana three months after securing licence | Three months after securing an operating licence, Starlink, the Elon Musk-owned satellite internet service, is now available in Botswana.
The hardware will cost P4,820 ($363), shipping for P314 ($24) and P688 ($52) for the monthly subscript... |
27.08.2024 | Wasoko, MaxAB finalise “category king” merger | After a four-month delay, Wasoko, a Kenyan B2B e-commerce platform, has completed an all-stock merger with Egypt’s MaxAB. The merged entity will have a new name, which the company declined to share, citing a rebranding process which will so... |
26.08.2024 | Investment bankers, lawyers could make $82million from bank recapitalisation as competition pressures fees | Intense competition amongst investment bankers, lawyers and accountants is driving fees down fees for the bank recapitalisation efforts, and banks are the biggest beneficiaries.
It was always going to happen. When Nigeria’s Central Bank ann... |
23.08.2024 | Renew Capital and OmniRetail: Pioneering Growth in Africa's E-Commerce Landscape | Africa is a continent brimming with potential. It’s a land of contrasts, where ancient traditions meet modern technology. In this vibrant ecosystem, two companies are making waves: Renew Capital and OmniRetail. Both are navigating the compl... |
22.08.2024 | Exclusive: OmniRetail hires ex-Jumia commercial lead Steve Dakayi to lead Francophone expansion | OmniRetail, an African B2B e-commerce platform, has hired Steve Dakayi as Country Lead for Ivory Coast as it expands into Francophone Africa.
Dakayi joins OmniRetail after shutting down BetaStore, a B2B e-commerce startup he founded in 2020... |
19.08.2024 | After learning in Ethiopia, Renew Capital expands across Africa | After stepping back from investing in export-focused businesses in Ethiopia, Renew Capital, a venture capital firm that began life as a private equity firm, is expanding.
“We did [private equity] for 10 years in Ethiopia, and it didn’t work... |
16.08.2024 | As data costs bite, Botswana’s free WiFi program is blowing up in popularity | In Botswana, internet subscriptions are expensive. 10GB of data can cost up to P1400 ($103) in a country where the minimum wage is P1500 ($111), cutting off a youthful population despite increased demand for internet connectivity.
In 2019, ... |
07.08.2024 | Sendsprint's Bold Leap into the U.S. Remittance Market | Sendsprint, a cross-border payments startup, is making waves with its recent acquisition of Nobel Financial Inc. This move marks a significant expansion into the U.S. remittance market, a landscape ripe with opportunity. Founded in 2022, Se... |
07.08.2024 | Sendsprint expands to the US with Nobel Financial Inc. acquisition | Sendsprint, a cross-border payments startup operating in the UK, Ghana, Kenya, South Africa and Nigeria, has acquired Nobel Financial Inc., a US-based remittance company, for an undisclosed amount. The acquisition will enable Sendsprint to ... |
25.07.2024 | Risevest's Ambitious Leap: A New Era for African Fintech**
** | ** In the fast-paced world of fintech, opportunities often resemble fleeting shadows. One moment they’re there, the next they vanish. Risevest, a Nigerian startup, is currently navigating this landscape with a bold ambition: acquiring Hisa,... |
25.07.2024 | Risevest's Bold Move: Expanding Horizons in East Africa**
** | ** In the fast-paced world of fintech, strategic moves can redefine markets. Risevest, a Nigerian startup, is on the brink of a significant expansion. The company is in talks to acquire Hisa, a Kenyan platform that opens doors to U.S. stock... |
25.07.2024 | Techstars and Risevest: Navigating Change in the Startup Landscape**
** | ** In the ever-evolving world of startups, change is the only constant. Two recent stories highlight this truth: Techstars grappling with its corporate culture and Risevest eyeing expansion through acquisition. Both narratives reflect the c... |
25.07.2024 | Nigerian AI startup Intron Health raises $1.6 million to advance clinical speech recognition | Intron Health, a Nigeria AI company that provides speech-to-text transcription tools for healthcare workers, has raised $1.6 million in a pre-seed funding round. The startup will use the capital injection to hire more employees, deepen its ... |
24.07.2024 | Exclusive: Risevest in talks to acquire Kenya’s Hisa | Risevest, the Nigerian fintech startup that gives users access to global investments and Nigerian stocks, is in talks to acquire Hisa, a Kenyan startup that allows users access to US stocks. If the deal goes through, the acquisition will en... |
23.07.2024 | Nigeria raises benchmark rates by 50 basis points | Faced with intense pressure to control inflation, Nigeria’s Central Bank has raised its benchmark interest rate by 50 basis points to 26.75%. The decision, while in line with market expectations, indicates a decision to maintain a hawkish s... |
16.07.2024 | A profitable union: How banking agents helped OPay and Moniepoint distribute 17 million cards | Nigerian neobanks and banking agents need each other. The agents are the neobanks’ branches; they open accounts, accept deposits, process withdrawals, and issue cards. In return, the agents—who often have a primary business—earn extra incom... |
16.07.2024 | Seychelles, South Africa rule Africa’s blockchain roost with 95% of funding | Seychelles and South Africa accounted for 95% of venture funding in the blockchain industry in Africa in 2023, suggesting that both countries have emerged as hubs for blockchain innovation and investment on the continent. Only five African ... |
15.07.2024 | IHS Towers market value dips by $6 billion since 2021 NYSE debut | When IHS Towers began life as a public company on the New York Stock Exchange ($IHS) in 2021, it was valued at $7 billion, making it Africa’s most valuable technology company. It has suffered a reversal of fortunes with losses increasing tw... |
15.07.2024 | Skincare e-commerce startup Uncover raises $1.4 million to expand into Ghana and Uganda | Uncover, a Kenyan marketplace for skin care products, has raised $1.4 million in seed funding to expand into the US, Ghana, and Uganda.
Launched in 2021 by Sneha Mehta and Jade Oyateru, Uncover uses data provided by users on its app–through... |
13.07.2024 | Founders continue to raise debt as funding decline persists, according to the State of Tech in Africa report | Venture capital funding in Africa’s tech ecosystem continues to decline. Founders only raised $779.7 million in H1 2024, the lowest amount since 2020, according to the latest edition of the State of Tech in Africa (SOTIA) report by TechCaba... |
11.07.2024 | Breaking: Ruto dissolves entire cabinet with immediate effect | President William Ruto has dissolved his cabinet with immediate effect in what will be interpreted as a move to appease protesters who spent two weeks asking for an end to his administration. His plans to raise revenues through tax raises h... |
08.07.2024 | ₦714 million glitch: fintech giant OPay gets court order to restrict customer accounts | Chinese-backed fintech giant OPay has received approval from a Federal High Court in Lagos to freeze customer bank accounts in thirty listed banks as part of a process to recover ₦714 million received by customers during a system glitch. Th... |
08.07.2024 | Five interesting takeaways from GTCO’s “Facts Behind the Offer” presentation | Guaranty Trust Holding Company (GTCO), the parent company of GTBank, Nigeria’s 5th biggest bank by assets, announced a public offer to raise ₦400 billion, joining Fidelity Bank and Access Bank to raise capital on the stock market to meet th... |
01.07.2024 | Grocery delivery startup Mano expands to food delivery but it doesn’t want to serve everybody | Mano, a grocery delivery startup that serves high-end areas in Lagos and Abuja, is expanding to Nigeria’s ultra-competitive food delivery segment. Founded in 2020 by Moe Nesr, Mano expanded to Nigeria in 2022 and delivers groceries and hous... |
01.07.2024 | Rethinking fintech distribution in Africa: The role of ‘undiscovered founders’ | This article was contributed to TechCabal by Ajibola Awojobi.
Flashy new tech companies and cutting-edge tech get a lot of buzz. But for investors, the real excitement lies in booming tech hubs, areas where new companies are constantly popp... |
12.04.2024 | TechCabal Insights is getting a new website. Here’s why | Our home for research and data on Africa’s digital economy is getting a new look.
For about half a decade, TechCabal Insights has been at the heart of redefining African tech with a mission to support investors, entrepreneurs, tech giants, ... |
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09.10.2023 | Manilla has kicked off its Initial Coin Offering (ICO) after a $510,000 raise, guided by a team of accomplished Web3 veterans | Manilla, the groundbreaking and highly adaptable blockchain centralised decentralised finance (CEDEFI) initiative bridging the realms of traditional fintech from Web2 to Web3, is thrilled to unveil its Initial Coin Offering (ICO). This mome... |
09.10.2023 | TechCabal biggest winner at the 2023 Startup Awards by StartupSouth | TechCabal was biggest winner of the night, taking home trophies in three categories.
TechCabal and its business intelligence unit TC Insights have won awards in three categories at the Startup Awards, held on October 5 and 6 in Port Harcour... |
09.10.2023 | TechCabal surpasses 2 million readers as African tech business audience expands: Dive into our impact report | TechCabal’s editors share highlights of the newsroom’s reportorial impact in Q3.
Welcome to our first quarterly editorial letter.
It has been a hectic quarter for startups. The common themes have been mergers and acquisitions, crypto-based ... |
06.10.2023 | How Elenasy is closing the gender gap in tech by funneling more women toward tech careers | L-R: Ire Odega, co-founder and COO of Elenasy and Faith Oyepeju, co-founder and CEO of Elenasy)
When Ire Odega and Faith Oyepeju sat down together one day to discuss life, career, and what they could have done differently in these areas the... |
05.10.2023 | The leading African tech moves from September 2023 | 1. Funding: Q3 brings in the lowest funding of the year
In September 2023, 22 African tech startups raised $116.7 million across 22 fully disclosed* raises. Compared to August 2023’s $243.7 million total raise, this represents a 52.11% decr... |
04.10.2023 | Stears pivots into B2B market | Stears, a Nigerian data and intelligence company, is pivoting from its consumer-focused data solutions into an organisation-focused intelligence company with new offerings.
Since its launch in 2017, Stears, a Nigerian data company, has evol... |
03.10.2023 | Stitch announces $25 million Series A extension to expand enterprise payments product | Stitch has announced a $25 million raise to scale its enterprise payment solutions product.
South African payments solutions provider Stitch has announced a $25 million Series A extension round. Ribbit Capital led the funding round with inv... |
02.10.2023 | Uganda closes six radio stations for operating without licences | The six radio stations, including Hot FM and Millenium Community Radio were allegedly running operations without licences, per Uganda’s Communications Act.
Uganda has shut down six radio stations after the Uganda Communications Commission (... |
28.09.2023 | Ivorian startup, Auto24, expands into four African countries simultaneously | Auto24, an Ivorian used car marketplace, has expanded into Morocco, Rwanda, Senegal, and South Africa, a year after it launched.
Auto24, a used car marketplace, has expanded into four new African markets: Morocco, Rwanda, Senegal, and South... |
23.09.2023 | A Somali-based bootcamp is teaching code to young people in native languages | Based in Hargeisa, Fikrcamp was launched in Somaliland and targeted Somali-speaking people. Although it has raised only $40,000, it has already arrived in Ethiopia to impart digital skills to Amharic-speaking students.
Coding bootcamps in A... |
22.09.2023 | MultiChoice share price has plunged by almost 50% in the last six months | In the last six months, MultiChoice’s share price has plunged by 49%, wiping R32 billion (~$23 million) in shareholder value.
On March 6, 2023, MultiChoice’s stock was trading at R147. As the Johannesburg Stock Exchange (JSE) closed on Sept... |
21.09.2023 | Struggling with record inflation, Nigeria’s Central Bank postpones meeting to decide interest rates | Nigeria’s Central Bank has postponed this month’s scheduled Monetary Policy Committee (MPC) meeting that will decide the nation’s interest rates
For the first time in eight years, Nigeria’s Central Bank postponed the Monetary Policy Committ... |
21.09.2023 | Exclusive: Inside Francis Dufay’s urgent plans to rescue Jumia, the struggling Amazon of Africa | Francis Dufay has spent most of his career working in e-commerce. But as CEO of Jumia Group, Africa’s most recognised e-commerce brand, he is facing his most challenging task ever.
More than a decade after it set up shop, the online retaile... |
21.09.2023 | Fixit45 raises $1.9 million to expand into East Africa | Fixit45 expansion drive into East Africa has caused the startup to raise $1.9 million to provide quality automotive spare parts, vehicle repairs and maintenance services across the continent
Fixit45, a Nigerian startup that provides automot... |
20.09.2023 | Federal Minister, Bosun Tijani will share agenda for Nigeria’s digital economy at Moonshot 2023 | TechCabal, the leading convener of audacious players in Africa’s technology landscape, has announced the participation of the new Minister of Communications, Innovation, and Digital Economy of Nigeria, Dr. Bosun Tijani, as a keynote speaker... |
20.09.2023 | Exclusive: Nigerian fintech PayDay is looking to sell the company six months after $3m raise | Months after raising $3 million, the Nigerian fintech PayDay is in talks and hopes to conclude a sale of the company soon.
Six months after raising $3 million in a seed round led by Moniepoint, the Nigerian fintech startup Payday is activel... |
19.09.2023 | Ivorian startup, Anka, raises $5 million pre-Series A round | Anka, an Ivorian e-commerce startup with the majority of its vendors in Nigeria and Kenya, has raised $5 million in equity and debt as an extension round.
Anka, an Ivorian startup that operates three e-commerce products, has raised a pre-Se... |
19.09.2023 | A MultiChoice acquisition is perfect for Canal+ but regulatory hurdles loom | With Canal+ experiencing operational challenges in its French and European strongholds a MultiChoice acquisition could be perfect but complex for the French broadcaster’s global expansion ambitions.
Canal+ Group’s parent company Vivendi is ... |
18.09.2023 | The people who call the shots at Piggytech | In six years, customers withdrew ₦1.1 trillion from Piggytech, a Nigerian fintech app. Here are the executives who powered the company’s growth.
Piggytech, the parent company of Piggyvest, Pocket, and Patronize, has grown from a savings pla... |
16.09.2023 | Nigeria’s next CBN governor Yemi Cardoso could have been Vice President in 2015 | President TInubu has nominated Yemi Cardoso as Nigeria’s next CBN governor. Cardoso’s political affiliation raises questions about CBN’s independence.
Yesterday, President Bola Tinubu nominated Yemi Cardoso to head Nigeria’s Central Bank. C... |
15.09.2023 | Your favourite tech startup wants to go public; it may make everyone involved unbelievably liquid | After two years of relative inactivity, startups are gearing up to test the public markets again. Here’s what lies ahead for Africa’s IPO hopefuls.
When tech firms raise huge sums at the Series C stage, it typically starts an 18-month count... |
15.09.2023 | Livecopper announces investment from Moa Holdings to scale e-commerce product | E-commerce startup, Livecopper, has received an equity investment from Moa Holdings, founded by Yuppiechef co-founders Andrew Smith and Shane Dryde.
South African e-commerce startup Livecopper, whose flagship product is an e-commerce platfo... |
15.09.2023 | My driver the stalker | Many Nigerian women are stalked by drivers after using ride-hailing apps, as ride-hailing companies try to evade responsibilities.
Late one night in September 2022, Ebube, a 23-year-old law professional, flew into Lagos from Abuja and, unab... |
14.09.2023 | Ugandan startup, Emata raises $2.4 million in seed round | Emata, a Uganda based startup that offers affordable loans to farmers has raised a $2.4 million seed round which it will use to expand its agri-loan offering across East Africa.
Emata, a Uganda based startup that offers affordable loans to ... |
14.09.2023 | Nigerian Startup Mecho Autotech raises $2.4 million in pre-Series A round | Mecho Autotech, a Nigerian startup that provides quality automotive spare parts, vehicle repairs and maintenance services has raised $2.4 million.
Mecho Autotech, a Nigerian startup that provides quality automotive spare parts, vehicle repa... |
13.09.2023 | Veteran investor Olumide Soyombo launches memoir “Vantage” | One of Nigeria’s most prolific investors, Olumide Soyombo on Tuesday launched “Vantage”, a memoir of his early beginnings, foray into entrepreneurship and investing as well as key lessons from his business journey.
In August, TechCabal repo... |
13.09.2023 | TechCabal announces IBM Watsonx as a Sponsor | TechCabal, the leading African tech media platform, is pleased to announce Watsonx (powered by IBM), as a proud sponsor for Moonshot by TechCabal, an initiative aimed at fostering innovation and growth within the Pan-African tech industry.
... |
12.09.2023 | After completing a $5m debt raise, Lipa Later plans to raise $20m more | Kenyan fintech Lipa Later has secured $5 million in private debt issuance, but the company still wants to raise $20 million for expansion plans.
Kenyan fintech firm Lipa Later Group has raised KES 500 million ($5 million) in a privately pla... |
12.09.2023 | Exclusive: How $1 million monthly burn rate forced Sendy to consider a firesale | Reduced order volumes and fuel price hikes meant Sendy was making deliveries at a loss, with a reported monthly burn rate of $1 million.
Sendy, the end-to-end fulfillment platform, which shut down operations last month and is now seeking a ... |
11.09.2023 | Interswitch announces support for Google Pay on its payment gateway | Interswitch introduces Google Pay support via its Interswitch Payment Gateway (IPG), allowing users to add cards and access global transactions.
Payments company Interswitch has launched support for Google Pay on its payment gateway—the Int... |
08.09.2023 | Flutterwave partners with IndusInd Bank to expand its remittance product into India | Flutterwave, Africa’s most valued startup, has expanded into India to offer its remittance product after partnering with IndusInd, the 6th largest bank in India by assets.
Flutterwave is expanding its remittance product, Send App, into Indi... |
08.09.2023 | A team of tech enthusiasts are betting on entrepreneurs from northern Nigeria | THESCATHGROUP, a team of tech enthusiasts in Kaduna, is providing tech entrepreneurs from northern Nigeria with funding and advisory services to bring their ideas to life.
Oluwajimi Akitunde is no stranger to growing a business. Fresh out o... |
07.09.2023 | Amina Patterson on how to address challenges facing SA’s early-stage startups | Amina Patterson, a seasoned startup ecosystem builder in South Africa, speaks on how to address the challenges facing the country’s early-stage startup ecosystem.
With a decade of experience in the South African startup ecosystem, Amina Pat... |
06.09.2023 | How early-stage South African startups can survive the VC crunch | South African venture capital ecosystem experts explain how startups can survive the difficult environment startups exist in.
With the VC funding crunch nearing its second year, African startups which have for the last six years enjoyed som... |
05.09.2023 | What it takes to build and scale a business in Africa | This article was contributed to TechCabal by Sapna Shah, partner at Novastar Ventures.
Earlier this year, we hosted our annual investor advisory committee at our Nairobi office. We took the opportunity to visit some of our portfolio and pip... |
05.09.2023 | As Starlink faces hurdles, Amazon launches competitor in Africa | Vodafone and Amazon are working on Project Kuiper satellite internet service, a competitor to Starlink in Africa.
Vodafone and Project Kuiper, Amazon’s Low Earth Orbit satellite (LEO) communications initiative, today, September 5, 2023, ann... |
05.09.2023 | Andrew Barden and Zekarias Amsalu: A conversation with the minds behind the Africa Fintech Summit | Noel K. Tshiani is the founder of Congo Business Network, which has partnered with the Africa Fintech Summit (AFTS) since April 2019 to mobilise startups and government officials from the Democratic Republic of Congo to participate in vario... |
04.09.2023 | How agritech startups are contributing to SA’s agriculture sector | Despite little VC capital, South Africa’s agritech sector is pushing ahead. TechCabal caught up with a few to get more info on their contributions to SA’s breadbasket sector.
According to Wandile Sihlobo, an agriculture economist and author... |
04.09.2023 | Wasoko launches cross-border operations into DRC | Wasoko, a pan-African B2B e-commerce startup, expands its African B2B e-commerce network into DRC, leveraging its Rwandan hub.
Wasoko, an African e-commerce company that currently operates in Kenya, Tanzania, Rwanda, Uganda, and Zambia, has... |
04.09.2023 | Anchor closes $2.4 million to scale banking-as-a-service for African businesses | Since its public debut one year ago, Anchor has processed more than $550 million.
YC-backed embedded finance fintech, Anchor, has raised $2.4 million in a seed round led by Goat Capital with participation from FoundersX, Rebel Fund, Pioneer... |
04.09.2023 | “You can invest in Africa” and other common mistakes in how the world sees our continent | Africa, with some of the world’s fastest-growing economies and a rapidly expanding population, has the potential to become a global leader in telecommunications. But enabling this requires overcoming certain shortfalls. First, there is a ne... |
02.09.2023 | Register for the X-Pitchathon 2023 | African startups and MSMEs are always on the lookout for funding and opportunities that will help them scale on different levels. And thanks to several established businesses and corporations, the opportunities keep springing. The latest of... |
31.08.2023 | Amid high fuel costs, Uber launches electric motorbikes in Kenya | Uber has launched an electric motorcycle in Kenya but is only available in Nairobi for now.
Uber has revealed an e-mobility product in the Kenyan market—an electric motorbike named One Electric. The launch is key as the worldwide automotive... |
31.08.2023 | Ugandan fintech Asaak acquires FlexClub Mexico as it expands to Latin America | Asaak joins Nigeria’s Paga as one of the few African tech companies to expand to Latin America.
Founded in 2016, Asaak offered motorcycle and smartphone loans to Ugandans individually and through partners like SafeBoda. It has now acquired ... |
30.08.2023 | Francophone’s startup ecosystems wish to rival Africa’s Big Four | Francophone governments are trying to accelerate their startup ecosystems but it has not been a concerted effort among the countries in the region.
In a hotel room in Abidjan, the commercial capital of Cote d’Ivoire, where I am staying with... |
30.08.2023 | Chargel expands into Cote d’Ivoire | Image Source: Chargel
After a $2.5 million seed raise and an expansion into Cote d’Ivoire, Chargel, a Senegalese logistics startup that connects truck drivers with shippers, wants to change how goods move through Francophone Africa.
Senegal... |
30.08.2023 | Three problems the Congo Business Summit will solve in Kinshasa | Noel K. Tshiani is the managing director of Congo Business Summit, a flagship conference and expo planned for October 12–13, 2023, in Kinshasa.
With its vibrant history and culture, the Democratic Republic of Congo (DRC) has always been a l... |
30.08.2023 | Black Ostrich Ventures announces $20m pre-seed and seed stage fund for African startups | Black Ostrich Ventures, a Los Angeles-based VC firm, has launched a $20 million pre-seed and seed-stage fund to support African startups in the cleantech, supply chain, ag-tech, and edtech sectors.
Black Ostrich Ventures, a Los Angeles-base... |
30.08.2023 | The 7 Nigerian startups selected for TechCrunch’s Startup Battlefield | Seven Nigerian startups will challenge 193 other startups for the 100K equity-free prize at Startup Battlefield competition.
Seven Nigerian startups have been selected for this year’s TechCrunch Startup Battlefield pitch competition. The co... |
29.08.2023 | Plural launches in SA to facilitate public policy tracking via AI | Plural has launched its AI-powered policy tracking platform in South Africa to enable users to understand how policies are evolving.
Artificial intelligence (AI)-powered policy tracking platform Plural has announced its expansion into Afric... |
28.08.2023 | Bridging the digital divide for socio-economic empowerment | Keynote speech delivered by Oswald Osaretin Guobadia, managing partner DigitA, at the 2023 Lagos Business School Tech Founders Summit.
This subject is deeply rooted in the problem we must solve. The digital age has brought unprecedented opp... |
26.08.2023 | Eden Care Medical: Y Combinator’s latest health insurance bet in Africa | Moses Mukundi, founder and CEO of Eden Care Medical —Y Combinator’s Summer class, 2023— speaks to TechCabal about how the team is re-imagining healthcare.
In 2018, Moses Mukundi had a life-threatening health emergency. As an investment bank... |
26.08.2023 | Khalil Halilu’s ShapShap is working to improve last-mile delivery in Nigeria | Khalil Halilu is the founder of ShapShap, a logistics company looking to expand into other parts of the country and continent.
In October 2022, ShapShap, an Abuja-based logistics company, won the Supernova Challenge Pitch competition at the... |
25.08.2023 | As BRICS bloc announces de-dollarisation plans, how will it impact SA startups? | With de-dollarisation a hot topic at the ongoing 15th BRICS Summit, how will the process, if effected, impact startups in South Africa?
BRICS leaders, including Cyril Ramaphosa of South Africa and Vladimir Putin of Russia, are outlining pla... |
25.08.2023 | As Africa’s struggling currencies hinder growth, should startups fundraise in local currencies? | For African startups that raised funds in foreign currencies, rising inflation and currency devaluation have affected how they report revenue to investors. Can raising funds in local currencies help reduce the effect?
A reversal of fortune—... |
17.08.2023 | How can startups partner with influencers to reach a larger audience? | Moonshot by TechCabal is the conference that will bring together Africa’s tech ecosystem in person to network, collaborate, share insights and celebrate innovation. Join us in Lagos on October 11 and 12. In this article built around the con... |
15.08.2023 | How tech founders are now thinking about pre-seed fund raising | Moonshot by TechCabal is the conference that will bring together Africa’s tech ecosystem in person to network, collaborate, share insights and celebrate innovation. Join us in Lagos on October 11 and 12. In this article built around the con... |
08.08.2023 | Moonshot: Africa should not play catchup with AI regulation | Moonshot by TechCabal is the conference that brings together Africa’s tech ecosystem in person to network, collaborate, share insights and celebrate innovation. Join us in Lagos on October 11 and 12. In this third article built around the c... |
03.08.2023 | Building the future of financial services | Moonshot by TechCabal is the conference that brings together Africa’s tech ecosystem in person to network, collaborate, share insights and celebrate innovation. Join us in Lagos on October 11 and 12. In this second article built around the ... |
03.07.2023 | Nurturing Africa’s AI ecosystem for global impact
TechCabal’s 2021 Year-End report
Success! | Image source: Telecom Review Africa
Across the globe, artificial intelligence (AI) has emerged as a transformative force that extends beyond the boundaries of the tech ecosystem, attracting attention and generating buzz.
In Africa, entrepre... |
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In the Nigerian fintech landscape, where employee turnover is prevalent and co-founders frequently part ways with their companies, how has Nig... |