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The Bank of Tanzania will begin selling US dollars to commercial banks to tackle shortages that have plagued the country since 2022, according to a statement by the bank. “The initiative aims to ensure adequate…
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…As African female-led startups raised $200m between 2019 and 2023 In the dynamic and rapidly evolving African tech ecosystem, a wave of trailblazing female founders is making remarkable strides, breaking barriers, and leaving an indelible…
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The Central Bank of Nigeria (CBN) has consecutively raised the benchmark lending rate by 200 basis points to 24.75%, from 22.75%, in another aggressive push to contain inflation. Olayemi Cardoso, the CBN governor, announced this…
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MTN Group, Africa’s largest network operator by subscriber base, has accepted an undisclosed offer from Africa-focused telecommunication service, Telecel, for the sale of its equity interests in MTN Guinea-Bissau and Guinea-Conakry, as it looks to…
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Moonshot by TechCabal returns in October! Moonshot is the conference that brings together Africa’s tech ecosystem in person to network, collaborate, share insights, and celebrate innovation on the continent. At TechCabal, we believe that there…
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2024 is shaping up to be a challenging year for streaming platforms in Africa after Showmax, the continent’s leading video-on-demand platform, revamped to become Showmax 2.0. However, the change runs deeper: following years of negotiations…
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Nigerian authorities have formally charged Binance and its detained executives Nadeem Anjarwalla and Tigran Gambarya with tax evasion, TechCabal can report. The office of Nigeria’s National Security Adviser (NSA) also confirmed reports that Anjarwalla escaped…
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Access Holdings, led by Aigboje Aig-Imoukhuede, is pushing for the biggest share of the remittance market in East and West Africa. The Holdco is partnering with Coronation Group to forge a relationship with Safaricom and…
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Quick Links ethiopia Meta Nigeria South Africa TC Daily Dark/Light Search Menu Search Follow us Flagships Ask An Investor Centre Stage My Life In Tech Factsheet Digital Nomads The BackEnd Web3 Quick Fire Newsletters TC…
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Onyi, a freelance writer, charges $50–$80 per 5,000 words on Upwork, a freelance platform. The 23-year-old student of Michael Okpara University has been a freelancer on Upwork for three years, ghostwriting academic papers, blog posts…
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Several fintechs in the Democratic Republic of Congo (DRC) are partnering with the government to create a framework, the Congolese Fintech Network (CFN), that aims to increase financial inclusion, ensure information-sharing within the industry and…
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Meta Platforms will allow content creators in Nigeria to make money through ads and other features, in a move it hopes will keep the country’s top content creators on its platforms. Those options and features…
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