Sendy is now beneath administration to avoid wasting its enterprise. If this doesn’t work, the corporate could also be pressured to liquidate its property. Yesterday, TechCabal exclusively reported that logistics firm Sendy was going into
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The Nigerian Senate has confirmed the nomination of Yemi Cardoso because the eleventh governor of the nation’s central financial institution. The brand new CBN governor is tasked with tackling report inflation and saving a battered
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Some digital lenders have resumed harassing debtors on their platform, even in circumstances the place legal guidelines shield them in opposition to private knowledge abuse. The Workplace of the Knowledge Safety Commissioner (ODPC) has stepped
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Months after conversations started between each firms, TechCabal can now affirm that fintech startup Risevest has absolutely acquired digital buying and selling startup Chaka. Tosin Osinbodu, Chaka’s founder and Eke Urum, the founding father of
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Noel K. Tshiani is the founding father of the Congo Enterprise Community, an organisation dedicated to constructing the rising startup ecosystem within the Democratic Republic of Congo. As a fervent advocate for innovation, he actively
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uLesson’s founder, Sim Shagaya, explains why the corporate launched bodily centres in 2021 and its fast choice to close them down. Launched in 2019, uLesson focuses on the Ok-12 studying class and was initially out
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This story was contributed to TechCabal by Conrad Onyango through bird story agency. Africa’s telcos have begun an aggressive push to exchange conventional plastic subscriber id module (SIM) playing cards with digital alternate options to
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One of many greatest information tales final week, not less than in Nigerian tech circles, was my colleague’s (Ngozi Chukwu) reporting about Payday, the digital card app. Per her reporting, Payday which introduced a $3
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Entry Financial institution’s income grew 52% within the first half of 2023. Nevertheless it didn't double its revenue like its friends. Entry Holdings Plc posted income of ₦135 billion within the first half of 2023. That’s
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Based mostly in Hargeisa, Fikrcamp was launched in Somaliland and focused Somali-speaking folks. Though it has raised solely $40,000, it has already arrived in Ethiopia to impart digital expertise to Amharic-speaking college students. Coding bootcamps
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