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Why Nigeria’s money withdrawal restrict coverage is an efficient factor

Why Nigeria’s money withdrawal restrict coverage is an efficient factor

This article was contributed to TechCabal by Emmanuel Mogaji, who is a Senior Lecturer at Greenwich Business School, London, UK. You can reach him at e.o.mogaji@greenwich.ac.uk Few months ago, my colleague and myself published our…

Nigeria’s central financial institution points PSSP licence to infrastructure fintech startup Fincra

Nigeria’s central financial institution points PSSP licence to infrastructure fintech startup Fincra

Six months after issuing fintech startup Fincra an approval-in-principle, Nigeria’s central bank has awarded the startup a PSSP licence, enabling it to operate as a payment solutions service provider within the country. This licence falls…

This South African gaming startup simply raised $27 million from a16z and others

This South African gaming startup simply raised $27 million from a16z and others

South African mobile games publisher, Carry1st, has raised $27 million in funding from lead investor BITKRAFT Ventures, with participation from Andreessen Horowitz (a16z), TTV Capital, Alumni Ventures, Lateral Capital, Kepple Ventures, and Konvoy. Carry1st provides…

Potential challenges and alternatives for Nigerian healthtech in 2023

Potential challenges and alternatives for Nigerian healthtech in 2023

This article was contributed to TechCabal by Andrew Garza. Garza is the COO/co-founder of Lifestores, a Nigerian healthtech company democratizing access to quality and affordable primary healthcare in Africa. Nigerian and African healthtech has learned…

Google’s Nigeria Election Hub can’t defend voters, however these 5 instruments may.

Google’s Nigeria Election Hub can’t defend voters, however these 5 instruments may.

Last week, Google launched the Nigeria Elections Trends Hub to support the West African country’s presidential election, which is set to take place in 37 days. In a press release shared with TechCabal, the company…

How DER turned a one-stop store for startups in Senegal

How DER turned a one-stop store for startups in Senegal

The Senegalese tech ecosystem has come a long way. In 2017, Senegalese startups raised close to $11 million; five years later the west African country boasts of attracting 10 times that amount—including producing francophone Africa’s…

Why Africa must create higher entrepreneurs

Why Africa must create higher entrepreneurs

Growing up, Adam Molai spent his holidays working in his father’s supermarket in Marondera Zimbabwe. He learned early the value entrepreneurs can create and has gone on to build a chain of businesses in several…

SA proptech startup Stream secures $4.5 million in funding for world growth

SA proptech startup Stream secures $4.5 million in funding for world growth

South African proptech startup Flow has announced a $4.5million pre-Series A funding round to aid its global expansion ambitions. The funding is South Africa’s largest round for a proptech startup. According to a press release,…

Subsequent Wave: The return of mercantilism

Subsequent Wave: The return of mercantilism

Welcome back to the Next Wave. It’s another January, and if the last three Januaries are anything to go by, I can only stand in awe of the clairvoyants who dare predict which way the…

Kennedy Ng’ang’a’s blockchain of belief for Kenya’s smallholder farmers

Kennedy Ng’ang’a’s blockchain of belief for Kenya’s smallholder farmers

Kennedy Ng’ang’a studied engineering as an undergraduate, and is today building an integrated chainlink oracle technology to power parametric insurance for smallholder farmers in Kenya. In this interview, we discuss his startup, Shamba Network, the…

Egyptian Esports platform GBarena acquires Tunisian gaming startup Galactech

Egyptian Esports platform GBarena acquires Tunisian gaming startup Galactech

Egyptian e-sports platform GBarena announced on Monday that it has acquired the  Tunisian gaming startup, Galactech. The acquisition, according to Forbes Middle East, is a share swap deal worth around $15 million. Share swap, otherwise…

Digital shake-up: Kenyan banks tackle an African cellular cash behemoth

Digital shake-up: Kenyan banks tackle an African cellular cash behemoth

*This article was contributed to TechCabal by Seth Onyango, bird agency “If you can’t beat them, join them” is the approach traditional banks in Kenya are adopting as they seek a greater slice of the…