Exclusive: Kuda Bank raised an undisclosed equity round in 2024
Kuda Bank, a Nigerian neobank, raised an undisclosed equity round in 2024, securing additional capital after its operational costs spiked losses and […]
Wema Bank now industry’s best-paying lender after new salary bump
Wema Bank, a Nigerian commercial lender with a market capitalization of ₦260.38 billion, has implemented a salary increase for its over 1,700 […]
👨🏿🚀TechCabal Daily – Vendease to cut 120 jobs
In partnership with Lire en Français اقرأ هذا باللغة العربية Good morning! If you’re young and Nigerian, Microsoft has you in mind. […]
Kuda Group grew revenue to $21 million in 2023 as total losses jumped to $40 million
Kuda Group, the holding company of Nigerian neobank Kuda Bank, reported $21 million in revenue for 2023, falling short of its projected […]
Exclusive: Vendease cuts 120 jobs in second round of layoffs
Vendease, a Y Combinator-backed food procurement startup operating in six Nigerian cities, has implemented its second round of layoffs in five months […]
Breaking: Microsoft pledges $1M to train 1M Nigerians in AI
Microsoft has announced a $1 million initiative to train 1 million Nigerians in artificial intelligence (AI) and digital skills over the next […]
Ex-Kuda executive sues over gender discrimination, wrongful termination allegations
A former executive at Kuda, one of Nigeria’s leading fintech startups, has filed a lawsuit alleging a toxic work culture, gender discrimination, […]
How crypto startups survived the ban in Nigeria
When Franklin Peters founded the crypto startup Bitfxt in 2017, he set out to provide three solutions: a crypto payment gateway, a […]
👨🏿🚀TechCabal Daily – Meta goes undersea…again
In partnership with Lire en Français اقرأ هذا باللغة العربية Good morning! Here’s some insider information for you: TechCabal is publishing two […]
Digital deception: How the Kenyan government uses misinformation to drive its agenda
On most mornings, Kenyans wake up to what has now become a familiar pattern on social media platforms: hashtags celebrating the country’s […]
Africa’s tech opportunity: Building trust as the catalyst for growth
This article was contributed to TechCabal By Kola Aina The African tech ecosystem is in the midst of transformation and a period […]
Nigeria’s inflation slows in January after CPI rebasing
Nigeria’s inflation rate decelerated in January 2025 after the National Bureau of Statistics (NBS) implemented a rebased Consumer Price Index (CPI) that […]