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 […]
Quidax, Yellow Card, Busha bet on B2B crypto payments to grow market share
If you swipe across the social media pages of Quidax, Yellow Card, and Busha—three prominent crypto startups operating in Nigeria—in recent months, […]
Onafriq appoints former PPRO chief Simon Black as board chair
Onafriq, a pan-African digital payments network, has named Simon Black as chair of the board of its UK holding company following his […]
African e-commerce startups raise $11.3M in Q1 as investor caution grows
Investor appetite for e-commerce startups in Africa is dwindling as year-on-year funding figures dropped by 47.2% in Q1 2025. According to data […]
👨🏿🚀TechCabal Daily – Starlink is (finally) coming to SA
In partnership with Lire en Français اقرأ هذا باللغة العربية Good morning! You can get just about anything in the world—if you’ve […]
Fidelity Bank loses trillion-naira market cap after Supreme Court fine ruling
Fidelity Bank Plc, a tier-2 Nigerian commercial bank, has dropped out of the elite ₦1 trillion market capitalisation club, following a sharp […]
U.S. 5% remittance tax plan to threaten $2.8 billion of Africa’s foreign inflows
A proposed U.S. bill to impose a 5% tax on all outbound remittance transfers from non-citizens could divert as much as $2.8 […]
Onboard Global unaffected by Coinbase’s $400 million data breach
Onboard Global, a Nigerian crypto payments startup, has confirmed that its operations remain unaffected by the recent data breach at Coinbase, the […]
Lebara bets on voice bundles to win in Nigeria’s $20 billion telecom market
When Lebara Nigeria, a subsidiary of the London-based Mobile Virtual Network Operator (MVNO) Lebara, launches in Q3 2025, it will challenge the […]
Nigeria’s Central Bank holds interest rate at 27.50%
Nigeria’s central bank held its benchmark interest rate steady at 27.50%, maintaining its policy stance for a second straight meeting as policymakers […]