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Healthlane, a YC-backed healthtech startup that provides preventive healthcare tests, is now in the process of changing its business model. This follows a 6-month operational pause and some operational struggles which TechCabal reported at the…
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OurPass, a former e-commerce one-click checkout company, has pivoted to business banking. The company’s CEO, Samuel Eze, announced on LinkedIn that the startup was moving from providing a one-click checkout service to providing banking services…
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After contributing to the launch of the AfroDroids collection, an NFT project which sold out at $3 million but soon stuttered, I started my own company, Faces of web3, in 2022. Lack of visibility was…
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Kenyan web3 platform Fonbnk has partnered with Tanda to launch a first-of-its-kind airtime trading marketplace across Tanda’s network of 40,000 agents. Fonbnk is a web3 on-ramp that allows Africans to easily obtain cryptocurrency assets by…
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The Nigeria Sovereign Investment Authority (NSIA) and Vitol, an oil refining and trading group have completed a $50 million joint venture to invest in carbon avoidance and removal projects. The joint venture which was first…
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Noel K. Tshiani, founder of Congo Business Network, speaks with Christian Kamwina, founder of Ndonge, in this exclusive interview for TechCabal about his debut into the startup space in Kinshasa. Tell us about your professional…
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Victory Farms, a Kenya-based aquaculture startup, has raised $35 million in a Series B round. The startup says it will use the funding to finance the expansion of its operations in Kenya and Rwanda and…
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Abraham Augustine via Midjourney Despite what was advertised, the unspoken (in public ads and Twitter) case for crypto in Africa, was to get rich—and quick. Recent events are showing the cracks and will hopefully introduce…
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Lire en français Read this email in French. Editor’s Note Week 14, 2023 Read time: 5 minutes This week’s edition is all about the money. We have stories of money being swiped through hacks, loans…
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Equity funding has typically been the go-to for African startups looking to raise capital. Due to the infancy of startups seeking funding, equity rounds—where founders trade capital for a piece of the company—were the norm.…
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The term ’cloud computing’ has risen in popularity in the tech industry lately, but what does it mean? Cloud computing refers to a new way of delivering computing resources such as servers, storage, databases, networking,…
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Google has announced plans to restrict loan apps on its Play Store from accessing sensitive user data such as photos, videos, and contacts. The update, which was pushed to the Personal Loans Policy yesterday, will…
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