November 5, 2024
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Category: Technology

South African cell community operator Rain valued at R17.9 billion by main shareholder
Technology

South African cell community operator Rain valued at R17.9 billion by main shareholder

African Rainbow Capital (ARC) Investments, the second largest of Rain, has attached a R17.9 billion (~$1 billion) valuation on the South African data-only mobile network operator. This figure is a 7.9% increase over last year’s…

Safeboda enters the car-hailing house after seven years of bike-hailing
Technology

Safeboda enters the car-hailing house after seven years of bike-hailing

SafeBoda, the Ugandan bike-hailing startup, has maintained market dominance in the business in Uganda since it launched seven years ago. It has replicated the same stride in Nigeria since it started operations in 2020, despite…

What to Count on from the BNPL session on the Way forward for Commerce 2022
Technology

What to Count on from the BNPL session on the Way forward for Commerce 2022

The #FutureOfCommerce2022 conference by TechCabal is slated for the 23rd of September and is targeted at Africa’s informal sector. Sessions will focus on the most significant trends in payments, logistics, mobile money, agent networks, informal…

After Tanzania, Uber and Bolt to face regulatory hurdles in Kenya
Technology

After Tanzania, Uber and Bolt to face regulatory hurdles in Kenya

Earlier in April, when Tanzania’s Land Transport Regulatory Authority (LATRA) introduced a mandatory 15% for all ride-hailing companies in the country, Uber hardly protested. The global ride-hailing giant quietly left the country. Their last words?…

Kenya provides digital lenders a 3-day ultimatum to adjust to new rules
Technology

Kenya provides digital lenders a 3-day ultimatum to adjust to new rules

Kenya is going all out to regulate its digital economy, and enforcement is not taking a backseat there. Last year, the east-African country laid out regulatory blueprints for both the payments and digital lending industries.…

Nigeria can’t assist its tech expertise. Now they’re leaving
Technology

Nigeria can’t assist its tech expertise. Now they’re leaving

In March, product designer, Ibrahim*, and his friends cancelled plans to travel from Kaduna to Abuja by rail because they suddenly didn’t feel up to it. Later that month, on the 28th, when they had…

Cellulant and Orange Cash have partnered as much as energy pockets transfers for 8 Botswana banks
Technology

Cellulant and Orange Cash have partnered as much as energy pockets transfers for 8 Botswana banks

Orange Money, the mobile money service of Orange and pan-African payments company, Cellulant, have launched a partnership to enable card-to-wallet transfers for 8 banks in Botswana. According to a statement seen by TechCabal, the Orange…

Pepkor IT companions with Google Cloud to reinforce buyers’ expertise in southern Africa
Technology

Pepkor IT companions with Google Cloud to reinforce buyers’ expertise in southern Africa

Google Cloud has announced a partnership with Pepkor IT, a division of Pepkor Group, to leverage Google Cloud’s data analytics solutions to transform Pepkor IT’s in-house logistical processes.According to a statement seen by TechCabal, Pepkor…

De Novo Dairy secures funding from UM6P Ventures to supply animal-free dairy merchandise
Technology

De Novo Dairy secures funding from UM6P Ventures to supply animal-free dairy merchandise

South African startup De Novo Dairy has secured an undisclosed investment from UM6P Ventures to produce animal-free dairy products that provide the same sensory experience and nutrition as their traditional dairy alternatives. De Novo Dairy…

TC Recreation: Which Apple gadget is it?
Technology

TC Recreation: Which Apple gadget is it?

On Friday, the 23rd of September, TechCabal in partnership with Moniepoint (by TeamApt) will host the most important players in tech and business on and off the continent to discuss the future of commerce in…

The way to simply perceive blockchain and key into it
Technology

The way to simply perceive blockchain and key into it

Blockchain is a distributed, unchangeable database that records financial transactions, monitors assets, and establishes a trustworthy network of participants. The concept may seem vague from afar, but come to think of it, a 19 year-old…

Kippa raises $8.4 million to broaden its choices to Nigerian SMEs
Technology

Kippa raises $8.4 million to broaden its choices to Nigerian SMEs

Kippa, a financial management and payments platform for Nigerian small businesses, announced that it has raised $8.4 million in a new financing round.  This fundraise brings the total fundraised by Kippa to $11 million. This…