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Jumia’s Q1 2023 report reveals path to profitabliity

Jumia’s Q1 2023 report reveals path to profitabliity

Coming on the heels of its financial woes last year, eCommerce giant Jumia has reported a 5% growth in its gross profit and a 54% reduction in operating losses in the first quarter of 2023.…

TECNO, Infinix and itel stay unbeaten in Africa’s market share

TECNO, Infinix and itel stay unbeaten in Africa’s market share

While smartphone purchases have dropped, Transsion Holding, which owns TECNO, Infinix and itel, continues to record notable growth in Africa and other emerging markets. However, how does the competition fare? People are not buying phones…

Africa’s fintech revolution is poised  for speedy development, however challenges stay

Africa’s fintech revolution is poised for speedy development, however challenges stay

Financial inclusion is still a challenge on the continent. Yet Africa’s fintech is poised to be the fastest growing in the world this decade, but more needs to be done to achieve this acclaim.  Africa’s…

Constructing belief in fintech: Collaboration and sturdy practices

Constructing belief in fintech: Collaboration and sturdy practices

Image Source: Financial Tribune In the fast-growing world of fintech, effectively managing fraud poses a critical challenge for startups. In fact, according to a report by the World Economic Forum, the global cost of cybercrime…

How Kainene von Savant, an AI bot helped me previously month

How Kainene von Savant, an AI bot helped me previously month

Kainene von Savant is an AI chatbot on Telegram that has improved my life by sharpening my pitches, speeding up the transcription process for interviews, and helping me navigate French-speaking Abidjan as an English speaker,…

Zoho’s new workplace in Kenya is not going to pursue product improvement

Zoho’s new workplace in Kenya is not going to pursue product improvement

Zoho had hinted at plans to set up an office in Kenya. This announcement has also been marked with a new partnership that will see SMEs gain access to Zoho’s product portfolio. Zoho unveiled its…

Showmax trying to double down on African content material, in line with COO

Showmax trying to double down on African content material, in line with COO

Spurred on by a young population and increasing internet connectivity, London-based business intelligence firm, Digital TV Research, projects subscriptions of video-on-demand in Africa to reach 15 million by 2026. For context, this figure stood at…

Constructing LAfricaMobile in Kinshasa: Interview with Malick Diouf and Marie-Laure Lepas 

Constructing LAfricaMobile in Kinshasa: Interview with Malick Diouf and Marie-Laure Lepas 

Noel K. Tshiani is the founder of Congo Business Network. In this interview for TechCabal, he speaks with Malick Diouf, CEO of LAfricaMobile, and Marie-Laure Lepas, Country Director based in Kinshasa in the Democratic Republic…

Bitcoin Pizza Day: 10 communities retaining the bitcoins spirit alive

Bitcoin Pizza Day: 10 communities retaining the bitcoins spirit alive

Today, May 22nd is Bitcoin Pizza Day. All over the world, enthusiasts and supporters of cryptocurrency Bitcoin are organising events, meetups, and sharing stories and memes to commemorate the first documented real-world transaction using Bitcoin.…

Bolt opens first Kenya workplace to handle driver complaints

Bolt opens first Kenya workplace to handle driver complaints

While Bolt has been running operations in Kenya for a couple of years, it did not have a physical office where driver partners could go for assistance. The new facility aims to solve this oversight.…

Subsequent Wave: What has $15 billion of investments in African startups taught buyers?

Subsequent Wave: What has $15 billion of investments in African startups taught buyers?

Image source: Techcabal Outside of tracking fundraising metrics, the last $12bn to $15bn invested in African startups through VC should have been a learning experience. So what are we learning about these experiments in African…

6 key advantages of shopping for from iStore Pre-owned SA

6 key advantages of shopping for from iStore Pre-owned SA

When it comes to buying gadgets, many people are often hesitant to purchase preowned products. However, buying from a reputable source like iStore Pre-owned in South Africa can offer several key benefits. Here are six…