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Editor’s Note Week 02, 2023 Read time: 5 minutes Happy New Year and welcome to the first edition of TC Weekender in 2023! Before we delve in, I hope the year has started great for…
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Kenya’s High Court asked the Central Bank and Safaricom, the country’s largest telco to suspend the re-introduction of charges on transactions made between mobile money wallets and banks pending the resolution of a suit alleging…
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TeamApt, a Nigerian fintech company, has shed its name and adopted the name of its flagship product—Moniepoint. According to the company, the move is a testament to the success of Moniepoint and a desire to…
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On Wednesday, South African mobile network operator Telkom announced that it has terminated merger talks with data-only network operator Rain. In a statement on the Joburg Stock Exchange News Service (SENS), Telkom announced that the…
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According to World Wide Worx and Mastercard’s online retail study, South Africa’s online retail industry reached R55 billion in 2022, a 30% growth from 2021 mainly driven by an ongoing boom in demand for home…
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BioNTech, the German biotech company that became a medical powerhouse in 2020 after creating one of the world’s most effective COVID-19 vaccines, will pay a total sum of £582 million ($682 million) to acquire 100%…
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It’s the beginning of a new year and different authorities have started releasing report cards of how African startups fared in 2022. In terms of venture funding, which unsurprisingly is still the major metric of…
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Disclaimer: Richmond Bassey contributed his playbook for growth in a down market to TechCabal. Bassey is the CEO/co-founder of Bamboo. Blitzscaling is what you do when you need to grow really, really quickly. It’s the…
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This article was contributed to TechCabal by Claudine Moore, managing director Africa Region for Allison + Partners; founder and former CEO, C. Moore Media International Public Relations. I think we can safely say we have moved…
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According to a report by cybersecurity firm Unit 42, South Africa based hacker group “Automated Libra” is behind an elaborate crypto mining scheme referred to as “ PurpleUrchin”, which has cost major cloud providers, including…
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Jetstream Africa, a Ghanaian technology company operating in the logistics sector, has raised $13 million in equity and debt-funded pre-Series A. The equity round saw participation from French development institution PROPARCO through the Digital Africa…
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Releaf, an agritech startup disrupting Africa’s oil production industry, has secured $3.3 million pre-Series A funding. The funding round, which the startup says was oversubscribed, will support the roll-out of key technologies that could further…
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