November 16, 2024
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Category: Technology

Flourish Ventures needs to create systemic change and construct honest monetary methods in Africa
Technology

Flourish Ventures needs to create systemic change and construct honest monetary methods in Africa

Efayomi Carr, principal at Flourish Ventures, talks to TechCabal about what he has learned from investing in Africa, how Flourish Ventures invests, and his view on the current state of the African funding landscape.  Although…

Helium Well being secures $30m funding to energy healthcare financing
Technology

Helium Well being secures $30m funding to energy healthcare financing

The Lagos-based health tech company secures $30 million to power credit financing to healthcare providers via its fintech product, HeliumCredit. Helium Health, a Nigerian healthtech company, has secured $30 million in investment from a Series…

Subsequent Wave: Each firm will likely be a tech firm
Technology

Subsequent Wave: Each firm will likely be a tech firm

Towards the end of 2022, Nigeria’s Central Bank announced it would be redesigning the country’s currency notes. A short time frame to deposit old notes and a consequent insufficient supply of new notes created a…

South Africa approves $86 million for e-policing
Technology

South Africa approves $86 million for e-policing

Lire en français Read this email in French. Editor’s Note Week 22, 2023 Read time: 5 minutes In South Africa and Nigeria, it seems like the pockets of citizens and the government are getting quite…

Nigerian start-up Nearpays wins coveted fintech prize at Gitex Africa
Technology

Nigerian start-up Nearpays wins coveted fintech prize at Gitex Africa

Nigerian fintech start-up Nearpays flew the country’s flag high at the inaugural Gitex Africa tech conference in Marrakech, Morocco, on Friday when it was awarded the coveted Fintech and Blockchain Technology category of the Supernova…

Unique: Eyowo shares new timeline for resumption of interbank transfers
Technology

Unique: Eyowo shares new timeline for resumption of interbank transfers

Eyowo has set Monday, June 12, 2023, as the new deadline for the resumption of interbank transfers. Meanwhile, the company is exploring alternative ways to compensate depositors who are in dire need of their funds…

Gasoline hikes set off surge in ride-hailing costs, leaving clients and drivers discontented
Technology

Gasoline hikes set off surge in ride-hailing costs, leaving clients and drivers discontented

Following the removal of fuel subsidies, fuel prices nationwide have skyrocketed, triggering a struggle for profits and cost savings among riders, drivers, and ride-hailing platforms.  In his inaugural speech as President of Nigeria, Bola Tinubu…

How will a unified FX charge have an effect on digital card operations in Nigeria?
Technology

How will a unified FX charge have an effect on digital card operations in Nigeria?

In his inaugural speech, President Bola Tinubu confirmed that his administration would work towards a unified exchange rate. What will this mean for the operations of virtual cards in the country? President Bola Tinubu’s plan…

3 methods to verify NHIF standing 2023
Technology

3 methods to verify NHIF standing 2023

The National Hospital Insurance Fund (NHIF) is a government-run medical insurance scheme in Kenya. As a policyholder, it is crucial to stay informed about your NHIF status to ensure uninterrupted access to healthcare benefits. This…

Verify TUT examination outcomes 2023
Technology

Verify TUT examination outcomes 2023

Checking your Tshwane University of Technology (TUT) exam results is an important step towards tracking your academic progress. By following a few simple steps, you can easily access your results online. This guide will walk…

Kenya discontinues Huduma Namba, takes one other attempt at digital identities
Technology

Kenya discontinues Huduma Namba, takes one other attempt at digital identities

Kenya spent millions of dollars to roll out digital IDs named Huduma Namba. However, the project has since been discontinued, and the new government thinks it has a shot at rolling out similar digital IDs,…

How Zambia is prepping to turn into Africa’s subsequent main tech hub
Technology

How Zambia is prepping to turn into Africa’s subsequent main tech hub

A deep dive look at the state of Zambia’s tech ecosystem. Earlier this month when pan-African e-commerce startup Wasoko announced its entry into the Zambian market Daniel Yu, founder and CEO of Wasoko, cited “high…