Jumia, Jiji unfazed as Temu shakes up Nigeria’s $13 billion e-commerce market
Chinese e-commerce giant Temu has made a rapid entrance into Nigeria’s $13 billion online retail market, luring shoppers with ultra-low prices and […]
Nigerian fintech Payhippo rebrands as Rivy, raises $4 million for clean energy financing
Payhippo, a Nigerian fintech that formerly provided SME loans, has rebranded as Rivy and raised $4 million in a pre-Series A round […]
👨🏿🚀TechCabal Daily – Caantin wants call centres for lunch
In partnership with Lire en Français اقرأ هذا باللغة العربية Happy midweek! AI wants your job. Okay, not your job (we hope), […]
Caantin’s AI wants to do the talking for call centers
Zambian AI communications startup, Caantin, wants to reduce the cost of making phone calls for businesses by using AI voice agents that […]
UBA lost ₦1.14 billion to fraud in 2024 amid record profits
United Bank for Africa (UBA) lost ₦1.14 billion ($744,200) to fraud in 2024, even as the Nigerian lender reported a profit after […]
KCB Group acquires 75% stake in payment solutions firm Riverbank Solutions for $15m
KCB Group, Kenya’s largest commercial bank by assets, is set to acquire a 75% stake in payments solutions startup Riverbank Solutions for […]
Paystack welcomes consumers to its ecosystem with Zap, a transfer app
Nine years ago, Shola Akinlade, Paystack’s CEO, bet on making online payments frictionless and that bet paid off with a $200 million […]
👨🏿🚀TechCabal Daily – Cassava, but make it AI
In partnership with Lire en Français اقرأ هذا باللغة العربية Happy salary day! We have one question for you: Who owns an […]
“Most African companies don’t need VC”: Launch Africa is raising a mezzanine fund for its third fund after lessons from first two funds
Launch Africa is arguably Africa’s most active early-stage investor. The firm started investing in African startups in 2020, and by the time […]
The true cost of M-PESA is catching up with M-PESA
Cet article est aussi disponible en français First published 23 March, 2025 Image: NMG A news item piece by TechCabal this week […]
Kenyan court dismisses lawsuit claiming Safaricom copied “Reverse Call” idea
A Nairobi court has dismissed a lawsuit filed by Davidson Ivusa, a Kenyan innovator who accused Safaricom of copying his concept for […]
Nigeria’s NIBBS, Ceva, lobby Ruto to build Kenya’s new payment system
Nigeria’s Interbank Settlement System (NIBBS) and Kenyan payments software provider Ceva Limited are lobbying President William Ruto to develop Kenya’s new Fast […]