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This article was contributed to TechCabal by Bonface Orucho via bird story agency . European aircraft manufacturer Airbus, through its high-altitude satellite building subsidiary, AALTO HAPS Ltd., plans to set up its first communication hub…
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In the course of her work helping venture capital firms across the world gain access to deal flows from Africa, Surayyah Ahmad realised that these local ecosystems lacked structure, affecting the quality of said deal…
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Nigerian financial services companies are racing to reassure users after a memo from the Nigeria Inter-Bank Settlement System (NIBSS) asked banks and mobile money operators to delist unlicenced fintechs from directly accepting consumer deposits. The…
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Kippa, the Nigerian fintech backed by investors like Saison Capital and Horizone, has transferred the operations of KippaPay, an agency banking product it shut down in October, to Bloc, a Nigerian fintech preparing to launch…
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In partnership with Hey there! TechCabal travelled to Algeria to cover this year’s African Startup Conference. The conference has been running from December 5 to December 7. About 3,000 people are attending and the venue,…
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Fuse Network has launched a grant programme aimed at enabling startups and businesses access Web3 payment systems. Fuse Network has announced a $10 million grant aimed at supporting businesses to access Web3 payment systems. The…
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The Nigeria Inter-Bank Settlement System (NIBSS) has raised concerns over unlicensed financial services companies posing as deposit-taking institutions, in a sign that the industry is looking to step up regulatory enforcement following outcry over fraud…
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This article was contributed to TechCabal by Uzorchukwu Mbamalu Economic markets and government policies affect global wealth distribution. Major world powers like the US, China, and Japan are heavily involved in making some of the…
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Eden Life, a home service company, has a goal to become profitable within 12 months. Here is the composition of its leadership team. Eden Life was founded in 2019 as a home service company providing…
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This startup allows small business owners to place ads using airtime; it has raised $1.5 million pre-seed to pursue its next growth phase in Nigeria and Kenya. tappi, an end-to-end digital commerce SaaS solution tailored…
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Four months—that’s how long Kenya’s most funded e-commerce platform has to settle a liquidation claim over unpaid invoices in a $3 million cloud services contract dispute. A Kenyan court sitting in Nairobi has given Twiga…
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BasiGo raised nearly $11 million in 2022. It has since expanded to Rwanda. BasiGo, an electric bus company with operations in Kenya and Rwanda has announced $5 million in debt funding from the British International…
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