Lemfi’s $53 million Series B delivers 29x return for Silverbacks Holdings
When Nigerian remittance startup LemFi closed its $53 million Series B round in January 2025, one of the biggest winners was Sliverbacks […]
TVC launches Nigeria’s first AI multilingual news anchors
TVC News has become the first Nigerian broadcaster to introduce artificial intelligence (AI) news anchors that deliver bulletins in five major local […]
South Africa’s SOLmate doubles users to 100,000 as eWallet surge drives growth
South African fintech startup SOLmate has doubled its active user base over the past year to about 100,000, driven by soaring demand […]
An unusual liquidity event at Arnergy made employees millions of naira
Two months before Arnergy, a Nigerian solar energy startup, raised an additional $15 million in April 2025 to complete its $18 million […]
Cleva launches new feature that rewards users for every USD deposit and Naira transfer to local bank accounts
With Cleva Points, users can now earn redeemable rewards simply by getting paid. Cleva, the fast-growing cross-border payment platform powering freelancers, remote […]
👨🏿🚀TechCabal Daily – Kenyan banks say no
In partnership with Lire en Français اقرأ هذا باللغة العربية Wazzup! We hope you had some time to rest yesterday. If you […]
Kenyan banks reject Central Bank’s new loan pricing model
Kenyan commercial banks have rejected a proposal by the Central Bank of Kenya (CBK) to introduce a new loan pricing model that […]
Why Nigerian banks keep suffering system glitches—and what’s at stake
In recent months, system glitches at some major Nigerian banks have led to customers experiencing issues like incorrect bank deposits and unauthorised […]
“Tech has become an equaliser in the industry”: Chocolate City Music’s CEO on AI, virality, and the future of music
For Abuchi Peter Ugwu, CEO of Chocolate City Music, one of the country’s most influential music labels, the biggest shift in Nigerian […]
8.8 million Nigerians projected to own CCTV cameras, security tech in their homes by 2029
Before Mike (whose name has been changed for anonymity) employed domestic staff in his home, he used to think owning a CCTV […]
Access Holdings’ Oxygen X disburses ₦152 million in loans, posts ₦805 million profit in first year
Oxygen X Finance Company Limited, the digital lending subsidiary of Access Holdings Plc, disbursed ₦152 million ($95,000) in consumer loans in 2024, […]
In a sparse fintech landscape, two new startups prepare to make their mark in Botswana
In 2023, Botswana’s fintech ecosystem could be described as nascent; only one recognised startup was operational at the time, and the Fintech […]