👨🏿‍🚀TechCabal Daily – Get a loan with carrot
In partnership with Lire en Français اقرأ هذا باللغة العربية TGIF! Mozilla just announced it’s sunsetting Pocket—yes, the beloved tool for stashing […]
Most Nigerian artists are still ignoring AI. New Mavin’s exec says that’s a mistake
As artificial intelligence reshapes the global music industry—powering everything from AI-generated vocals and full albums in the U.S. to virtual idols in […]
Carrot Credit raises $4.2 million seed to scale crypto- and stock-backed lending in Africa
Carrot Credit, a Nigerian fintech that offers loans backed by digital investment assets like stocks, ETFs, and crypto, has raised $4.2 million […]
Kenyan BNPL startup Watu profits drop 85% to $1.2 million as loan defaults rise
Watu Holdings, a Kenyan buy-now-pay-later startup, reported a sharp 84% drop in profit to $1.2 million (KES157 million) in 2024, according to […]
FX gains are drying up, and so are Nigerian banks’ profit margins
Nigerian banks are entering a phase of slower profit growth in 2025, as the windfalls from naira devaluation and aggressive interest rate […]
👨🏿‍🚀TechCabal Daily – Starlink can’t keep up in Kenya
In partnership with Lire en Français اقرأ هذا باللغة العربية Happy pre-TGIF! How has the week been for you? Emmanuel was supposed […]
DevOps engineer Osinachi Ibiam-Uro is a mom in tech, and she is loving it here
Osinachi Ibiam-Uro vividly remembers the sting of her manager’s words in 2009. At Oceanic Bank, then on the brink of insolvency, she […]
Six months on, Starlink still can’t serve new customers in Nairobi
Starlink, the SpaceX-owned satellite internet service, has been unable to onboard new customers in Nairobi since demand exceeded its network capacity in […]
OmniRetail raised $20 million. Here is what it means for 78% of its customers who are women
Joyce Moses, owner of a modest corner shop, faced the daily grind of sourcing everyday necessities like sachet beverages, grains, and toiletries […]
Safaricom targets SMEs with new M-PESA overdrafts and loans up to $3,000
Kenya’s biggest telco, Safaricom, has launched new credit products for small and medium-sized enterprises (SMEs), introducing overdraft and short-term loans through its […]
MTN enters payments market with MoMo Pay targeting cash-heavy informal sector
MTN South Africa has entered the competitive payments market with MoMo Pay, a low-cost digital payment platform designed for informal merchants. Over […]
9mobile, MTN worst hit as fibre cuts, power failures cause record network outages in May
Nigeria’s telecommunications networks experienced a sharp rise in major service disruptions in May 2025, as fibre cuts, power outages, and system failures […]