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MTN offices in different states in Nigeria have recently been experiencing a deluge of customer visits. This development is partly due to the recent text messages many MTN customers have received asking them to visit…
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The ICT regulator will not fine Kenya’s largest telco as its overall QoS performance surpassed the 80% threshold. Safaricom, Kenya’s leading telco, recorded a drop in its quality of service (QoS) for a third consecutive…
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Access Corporation, the parent company of Nigeria’s biggest bank by assets, is launching Oxygen X, a consumer lending subsidiary, to provide digital lending solutions to a bigger market than its banking customers. While Access Corporation…
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This week, Showmax shared the content slate for Showmax, its soon-to-be relaunched streaming service. TechCabal got early access to the streaming platform, which will officially launch on February 12. After a couple of days of…
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Iyin Aboyeji, the founder of the VC firm Future Africa, and Mia von Koschitzky-Kimani, a general partner at the firm, are launching Accelerate Africa, an accelerator backed by a $750,000 USAID grant. Aboyeji and Koschitzky-Kimani,…
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This article was contributed to TechCabal by Sefakor Fekpe via bird story agency . Isaac Sesi picks up a small bucket of maize to demonstrate the latest iteration of his moisture-measuring device. Powering the device…
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South African neobank TymeBank has incredibly swung its fortunes around, reporting a profitable December 2023 six months after posting a R858 million (~$45 million) loss. Six months after posting a staggering R858 million (~$45 million)…
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Vodafone, the third-largest mobile network operator in the United Kingdom, has signed a $1.5 billion deal with Microsoft to develop new digital and financial services for SMEs across Europe and Africa over the next decade. …
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Ten African startups looking to raise between $500,000 to $15 million will pitch to investors and industry experts at the Africa Tech Summit in Nairobi on February 14th and 15th. The event’s organisers received over…
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Canza Finance, a Web3 neobank enabling cross-border payments for African startups, has closed a $2.3 million strategic round. The company will use the funding round to acquire licenses from diverse financial regulators across Africa and…
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General Atlantic, the New York-based growth equity firm with $83 billion in assets under management (AUM), has agreed to acquire Actis, a London-based energy infrastructure investor with investments in Africa, to deepen its investment in…
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Kippa, the Nigerian bookkeeping and finance startup backed by investors like Saison Capital and Horizone, lost ₦30 million to internal fraud connected to Kippa Pay, its agency banking product, two people with knowledge of the…
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