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Nigerian property startup Spleet lays off workers as inflation squeezes enterprise

Nigerian property startup Spleet lays off workers as inflation squeezes enterprise

Spleet, a property tech startup that raised $2.6 million in 2022 from investors like MaC ventures and HoaQ Fund, will lay off an undisclosed number of employees as inflation and price increases from landlords it…

Africa’s mobility startups: Electrical and international ambitions gasoline funding surge

Africa’s mobility startups: Electrical and international ambitions gasoline funding surge

This article was contributed to TechCabal by Conrad Onyango via bird story agency . In 2021, Nigerian mobility startup Metro Africa Xpress (MAX) became Africa’s most-funded startup in the electric vehicle (EV) space after netting…

Newest MTN MoMo Uganda withdrawal costs 2024

Newest MTN MoMo Uganda withdrawal costs 2024

Mobile Money (MoMo) in Uganda provides a convenient and accessible means for individuals to send, receive, and manage money using their mobile phones. Among the various services offered by MoMo, withdrawal charges play a crucial…

MTN Nigeria blames hours-long outage on fibre cuts

MTN Nigeria blames hours-long outage on fibre cuts

A major service outage on Wednesday left millions of MTN Nigeria customers unable to make calls or connect to the internet. The outage, which lasted four hours, was caused by multiple fiber cuts, the company…

Two Binance executives arrested in Nigeria following web site ban

Two Binance executives arrested in Nigeria following web site ban

After multiple unconfirmed reports, the Financial Times has confirmed the arrest of two Binance executives in Nigeria this week. Both executives flew to Nigeria last week following a ban on their website and were arrested…

GITEX Africa desires 100 Nigerian startups to exhibit in Morocco

GITEX Africa desires 100 Nigerian startups to exhibit in Morocco

The Gulf Information Technology Exhibition (GITEX) wants to bring about 100 Nigerian companies to Marrakech, Morocco where the second edition of the event in Africa (GITEX Africa) is taking place in May 2024. Last year…

Unique: Bolt launches in Botswana and waives driver fee for six months

Unique: Bolt launches in Botswana and waives driver fee for six months

Bolt, the Estonian ride-hailing company, is launching in Gaborone, the capital city of Botswana, and will compete in a market with only one other ride-hailing player: inDrive.  Bolt will not charge its typical commission from…

Canal+ should make obligatory supply for MultiChoice shares, SA Takeover Panel guidelines

Canal+ should make obligatory supply for MultiChoice shares, SA Takeover Panel guidelines

South Africa’s Takeover Regulation Panel (TRP) has ruled that Canal+, the French broadcaster, must now make a mandatory offer to MultiChoice’s ordinary shareholders after its stake in the company crossed the 35% threshold.  According to…

March 2024 SRD SASSA grant fee dates

March 2024 SRD SASSA grant fee dates

As South Africa gears up for another round of SRD SASSA grant payments in March 2024, beneficiaries can mark their calendars for the scheduled disbursement dates across various categories. Ensuring timely access to financial assistance…

Breaking: SRD SASSA will increase grant quantities for 2024 

Breaking: SRD SASSA will increase grant quantities for 2024 

In a move aimed at bolstering support for vulnerable persons, the South African Social Security Agency (SASSA) has announced, alongside March payment dates, increases in various SASSA SRD grants effective from April 2024. The increments…

Cardoso talks powerful: Central Financial institution will “do what it takes”

Cardoso talks powerful: Central Financial institution will “do what it takes”

Nigeria’s Central Bank has entered an “aggressive regulatory environment,” threatening to deal with players who don’t follow the rules, per answers from Olayemi Cardoso, the bank’s governor, in today’s monetary committee meeting.  Facing FX volatility,…

Moonshot Conversations in Nairobi unravels AI’s potential and gaps in Africa

Moonshot Conversations in Nairobi unravels AI’s potential and gaps in Africa

TechCabal, a pan-African tech publication, took Moonshot Conversations to Kenya, where panellists discussed various aspects of AI innovation and policy in Africa and the importance of representation and infrastructure. After winding up from an intense…