November 17, 2024
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Category: Technology

As brief time period mortgage merchandise increase in Botswana, alternatives for fintech await
Technology

As brief time period mortgage merchandise increase in Botswana, alternatives for fintech await

On Friday, March 31, Botswana’s leading mobile network operator by subscriber base, Mascom, announced that it was launching a short-term loan product through its mobile money entity, MyZaka.  Called MyZaka Instant Loan, the offering will…

28% of South Africans don’t have entry to the web, in accordance with report
Technology

28% of South Africans don’t have entry to the web, in accordance with report

According to DataPortal’s Digital 2023: South Africa report, more than a quarter of the country’s population still does not have access to the internet. At the start of 2023, South Africa had 43.48 million internet…

Understanding the fundamentals of cybersecurity
Technology

Understanding the fundamentals of cybersecurity

In today’s digital age, cybersecurity has become one of the most important tech careers in any organisation. With the increasing number of cyber-attacks and data breaches, there is a growing demand for professionals who can…

FCCPC approves 173 mortgage apps in Nigeria, continues suppression of unlawful gamers
Technology

FCCPC approves 173 mortgage apps in Nigeria, continues suppression of unlawful gamers

The Federal Competition and Consumer Protection Commission (FCCPC) has authorised 173 digital lenders to operate in Nigeria, an increase from the 106 players that the commission announced earlier in January. The complete list includes 119…

Nigeria’s money ban is a boon for digital enterprise funds
Technology

Nigeria’s money ban is a boon for digital enterprise funds

Last year Duplo, a Nigerian business payments startup raised $4.3 million in seed funding to digitise B2B payments. The two-year-old company could not have known that Nigeria’s central bank was planning a controversial demonetisation of…

Unique: Flutterwave denies being breached for a second and third time even because it pursues authorized motion to get well funds
Technology

Unique: Flutterwave denies being breached for a second and third time even because it pursues authorized motion to get well funds

In new claims made by three sources who shared several pieces of evidence with TechCabal, the Nigerian fintech unicorn, Flutterwave, was likely breached a second and third time on March 1 and 14, 2023. The…

Eskom to enter the enterprise capital business through $10 billion pension fund
Technology

Eskom to enter the enterprise capital business through $10 billion pension fund

The Eskom Pension and Provident Fund plans to expand into venture capital to reduce its dependence on traditional investments. According to Bloomberg, the fund has about R185 billion (~$10 billion) worth of assets under management,…

Money App founder, Bob Lee, stabbed to loss of life
Technology

Money App founder, Bob Lee, stabbed to loss of life

Bob Lee, the founder of Cash App and Chief Product Officer of MobileCoin, has been stabbed to death in San Francisco, California.  At 2:35 a.m. local time, on April 3, the San Francisco Police Department…

Inexperienced mobility startup Spiro to deploy 140,000 electrical bikes in Uganda
Technology

Inexperienced mobility startup Spiro to deploy 140,000 electrical bikes in Uganda

Spiro, a company that designs vehicles and smart batteries, has partnered with the Ugandan government to deploy over 140,000 electric two-wheelers and 3,000 charge-and-swap stations across the country. The project, which will run till 2028,…

High 5 advantages of fintech for African international locations and economies
Technology

High 5 advantages of fintech for African international locations and economies

In this opinion editorial for TechCabal, Noel K. Tshiani, founder of Congo Business Network, shares his views on the top 5 benefits of fintech for African countries and economies. A native of the Democratic Republic…

Shuttlers raises $4 million fairness spherical
Technology

Shuttlers raises $4 million fairness spherical

Shuttlers, a Nigerian mobility company, has raised a $4 million Series A equity round after raising a $1.6 million seed round. Shuttlers uses its tech-enabled platform to offer shared bus rides to corporate passengers and…

Large Knowledge Analytics merely defined
Technology

Large Knowledge Analytics merely defined

Big data analytics has emerged as a critical field in recent years, owing to the explosion of data and the need to make sense of it. Companies worldwide are investing heavily in big data analytics…