Visa invests in Orda, Oze, WorkPay, and OkHi to boost African financial inclusion
Visa, the world’s second-largest card payment processor, has made strategic investments in four African startups as part of its plan to invest […]
Safaricom secures insurance licence after a four-year wait
Kenya’s biggest telco Safaricom has secured an insurance licence from the Insurance Regulatory Authority (IRA), ending a four-year wait. The company will […]
Africhange acquires IMTO license, sidestepping costly partnerships
Africhange, a bootstrapped remittance company, has acquired an IMTO license for its Nigerian subsidiary. This license allows the subsidiary to process foreign […]
👨🏿🚀TechCabal Daily – Big boy hires
In partnership with Lire en Français اقرأ هذا باللغة العربية Good morning! Zenith Bank customers will finally breathe some fresh air after […]
FBN Holdings flags off ₦150 billion rights issue, with plans to raise a further ₦300 billion
FBN Holdings, the parent company of Nigeria’s oldest bank, flagged off its ₦150 billion rights issue on Wednesday. While the Central Bank […]
Apply for NLNG scholarship for Nigerian undergraduates in 2024
The Nigeria LNG Limited (NLNG) is calling on first-year students enrolled in the 2024/2025 academic session to apply for its NLNG scholarship […]
GoLemon to pilot next day delivery, slashing delivery time by over 40%
GoLemon, the grocery delivery startup founded by four ex-Paystack staff members, will begin testing a next-day delivery next week, sources familiar with […]
Moniepoint taps Stanbic IBTC CFO for its microfinance bank after $110 million raise
Moniepoint, the Nigerian fintech that recently raised $110 million at a billion-dollar valuation, has appointed Bayo Olujobi as the Chief Financial Officer […]
👨🏿🚀TechCabal Daily – KCB loses $7.7 million
In partnership with Lire en Français اقرأ هذا باللغة العربية Good morning! As far as contactless payments go, rings may be about […]
KCB customers overdrew accounts by $7.7 million following system glitches during migration
Technical glitches during a critical data migration allowed customers at Kenya’s largest bank, the KCB Group, to withdraw sums above their bank […]
MTN Nigeria to obtain two additional payment licences for MoMo PSB
MTN Nigeria, the country’s biggest telco, has applied for Payment Service Solutions Provider (PSSP) and Payment Terminal Service Provider (PTSP) licences for […]
Equinix appoints Wole Abu as MD for West Africa
Equinix, one of the world’s largest infrastructure companies and the parent company of MainOne, has appointed Wole Abu as Managing Director of […]