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 Nigerian is building his own blockchain. So, you can easily understand blockchain with the explanation we’ll provide in this article. 

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 recent fundraise saw Kippa, welcome new global investors, including Goodwater Capital, TEN13 VC, Rocketship VC, Saison Capital (the venture arm

The startup struggled to meet payroll and pay suppliers and has laid off staff after potential funding and M&A deals fell through.  The board of directors of Capiter, an Egyptian B2B FMCG startup, has reportedly fired the company’s CEO and COO. According to an unsigned statement seen by TechCabal, Mahmoud Nouh, the company’s CEO and

Raising $5 billion in 2021 did not change the game enough for African startups. Global venture funding in 2021 shattered all records. According to Crunchbase, total dollars invested in tech and tech adjacent startups by venture capitalists reached $643 billion in 2021, compared to $335 billion for 2020—a stunning 92% growth year over year. If

If you’re running a small business, you may not have the resources to outsource tasks like web designing. So to cut costs, you’re likely one of those asking “how to build a website for a small business”.  Thankfully, it’s not as difficult as most people make it sound.  For small businesses, website builders are both

“I got a job in tech! You are looking at the latest techie in town!”  Unless you are lithodomous, you must have come across a post like this online. Every now and then, thrilled young Africans share news of their first job in tech. Often enough, these posts, usually punctuated with exclamation marks or the

game By Ngozi Chukwu Sep 10, 2022 Image source: Techcabal Get the best African tech newsletters in your inbox TC Daily Next Wave Events Weekender More from this author Developers Meet the 13 Nigerian community leaders fueling Africa’s tech talent pipeline Ngozi Chukwu Newsletters This Week: Nigeria rejects new tax law Ngozi Chukwu game How

Editor’s Note Week 37, 2022 Read time: 5 minutes This week, Damilare looked into Y Combinator’s six-year record with gender parity in the startups it has backed. What do the numbers say about the women-led startups that have made it to YC? You want to find out! Stay safe this weekend. Kelechi Njoku, Senior Editor

Abiy’s government is trying to revive its reformer image by promising to open up the banking sector one year after the consortium of Safaricom, Vodacom and Vodafone received a licence to operate in Ethiopia. Ethiopia has been moving toward a more liberal economy after decades of central economic planning. Since the prime minister, Abiy Ahmed

The US and Africa-based blockchain payments startup Bitmama has raised an additional $1.65 million in funding, bringing its total pre-seed round to $2 million.  Bitmama’s initial $350,000 pre-seed was raised in October 2021 and included investors Unicorn Growth Capital, Launch Africa Ventures, Adaverse and Flori Ventures. The new round includes investors from the initial pre-seed

At its fall product announcement, Apple introduced the iPhone 14, 14 Plus, 14 Pro, and 14 Pro Max, all of which have displays measuring 6.1 inches or more. This unveiling signified that the iPhone Mini has been removed from Apple’s 14th generation iPhone lineup, perhaps signalling the end of the smaller-sized phone. Now, you may

Image Source: HelpMum Nigeria has the fourth highest maternal mortality rate in the world with 917 deaths per 100,000 live births, preceded only by Sierra Leone, Chad, and South Sudan. About 262,000 newborns die at birth each year, which is the second-highest national total in the world. Nigeria represents less than 3% of the world’s