November 23, 2024
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Category: Technology

Digital Realty completes majority stake acquisition in Teraco
Technology

Digital Realty completes majority stake acquisition in Teraco

Digital Realty, an American global provider of cloud and carrier-neutral data centre, colocation and interconnection solutions, has announced the successful completion of an agreement to acquire a majority interest in Teraco, a carrier-neutral data centre…

Many of the sphere’s most expensive cell files plans are in Africa, in step with a seek for
Technology

Many of the sphere’s most expensive cell files plans are in Africa, in step with a seek for

Five of the 10 most expensive countries to buy mobile data are in sub-Saharan Africa, according to the recently released findings of a study by Cable.co.uk which sought to find out the cost of 1GB…

Kenyan logistics startup Sendy lays off 10% of its group of workers
Technology

Kenyan logistics startup Sendy lays off 10% of its group of workers

Sendy, a Kenyan logistics company, laid off 10% of its workforce last month, according to a statement the company shared with TechCabal.  The company’s spokesperson told TechCabal that 10% of the company’s 300 staff members…

The Subsequent Wave: Africa’s regulators want to transfer beyond short-duration of time fixes
Technology

The Subsequent Wave: Africa’s regulators want to transfer beyond short-duration of time fixes

We often discuss regulation as a necessary pain in the development of innovation of any sort. How the adults need to keep watch over the tech weirdos lest they burn the house down. But to…

Oui Capital’s plans for its new $30 million fund
Technology

Oui Capital’s plans for its new $30 million fund

L-R Francesco Andreoli, Olu Oyinsan Source: Oui Capital The Oui Capital Mentors Fund II, the second fund from Oui Capital, launched today. The Africa-focused VC firm wants to increase its footprint in the African tech…

This Week: Kenya threatens Facebook with suspension
Technology

This Week: Kenya threatens Facebook with suspension

Editor’s Note Week 30, 2022 Read time: 5 minutes In a week-plus, Kenyans will go to the polls in what stands to be one of the most anticipated elections in Africa this year. As election…

Instagram is combating to discontinue relevant
Technology

Instagram is combating to discontinue relevant

In 2012, when Facebook (now Meta) acquired Instagram, the beloved photo sharing app of millions, for $1 billion, it seemed like just another billion-dollar acquisition by a Big Tech company. In 2014, when Facebook CEO,…

Kenya’s central bank orders banks to stop their partnerships with Flutterwave and Chipper Money
Technology

Kenya’s central bank orders banks to stop their partnerships with Flutterwave and Chipper Money

The Central Bank of Kenya (CBK) has ordered commercial banks, microfinance banks, and mortgage finance companies to immediately end their partnerships with fintech unicorns, Flutterwave and Chipper Cash, in a circular dated July 29.  “It…

FEC considers NITDA bill that seeks to tax and handsome Nigerian tech companies
Technology

FEC considers NITDA bill that seeks to tax and handsome Nigerian tech companies

The governing agency for information and technology in Nigeria, the National Information Technology Development Agency (NITDA), is once again seeking to regulate the country’s tech ecosystem, this time with a bill that repeals its regulatory…

TechCabal Every single day – Eden is in Kenya
Technology

TechCabal Every single day – Eden is in Kenya

29 APRIL, 2022 IN PARTNERSHIP WITH TGIF 🎊 Snapchat has a new artificial intelligence (AR) filter that turns your phone into a shopping mall. Yesterday, the platform announced that it’s expanding its AR feature to…

WhatsApp confirms outage, as thousands spherical the realm are unable to send messages
Technology

WhatsApp confirms outage, as thousands spherical the realm are unable to send messages

Social messaging tool WhatsApp has been reported to be down by users around the world.  On Thursday evening, April 28, nearly 10,000 users reported that WhatsApp is not functioning for them, according to data from…

SunFi wants to enhance access to solar services for middle class Nigerians
Technology

SunFi wants to enhance access to solar services for middle class Nigerians

When Rotimi Thomas and his two colleagues decided to pivot from installing solar systems to expanding access to solar services that could supplement Nigeria’s unstable power grid, they immediately ran into an issue: many Nigerians,…