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189 articles total · page 2 of 10

Week of May 11, 202620 articles

Africa’s enterprise AI problem starts with procurement
Weekly Digest

Africa’s enterprise AI problem starts with procurement

The Digital Procurement Africa Summit holds on May 26 in Lagos, bringing together enterprise leaders for a focused conversation on why procurement digitisation has become critical to how large African organisations manage costs, governance, and data.

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Clarus believes East African startups need a different kind of support
Weekly Digest

Clarus believes East African startups need a different kind of support

Venture growth and innovation firm, Clarus is partnering with Norrsken East Africa to solve this problem with the first cohort of a GTM accelerator program called the Scale Velocity Lab.

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Beyond growth: How Kora’s CFO thinks about building a profitable fintech
Weekly Digest

Beyond growth: How Kora’s CFO thinks about building a profitable fintech

From managing infrastructure costs to building profitable business models, Ayodeji Osisami explains why sustainability, efficiency, and disciplined growth are becoming the real tests for African fintech companies.

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Why growth can become a security risk for fintechs
Weekly Digest

Why growth can become a security risk for fintechs

As fintechs scale across markets and customers, they don’t just gain traction; they expose themselves to new threats, from fraud to insider risk.

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Grey joins Moonshot 2026 as headline sponsor
Weekly Digest

Grey joins Moonshot 2026 as headline sponsor

TechCabal is announcing Grey, the US-based global cross-border payments company serving nearly three million users across 70 countries, as the headline sponsor of Moonshot 2026, for the conference’s return on October 28 and 29, 2026, at the National Theatre, Lagos, Nigeria. Grey’s headline partnersh

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Sahara Power Technical Academy Launches to Train Young Engineers
Weekly Digest

Sahara Power Technical Academy Launches to Train Young Engineers

Sahara Power Group has announced the launch of its flagship Sahara Power Technical and Innovation Academy, a transformative initiative designed to equip young Nigerian engineers with the technical expertise and practical experience needed to drive sustainable power generation nationwide. The program

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Paga Blames NIBSS Downtime for Transaction Delays, Responds after Techeconomy Report
Weekly Digest

Paga Blames NIBSS Downtime for Transaction Delays, Responds after Techeconomy Report

Paga has responded to customer complaints over failed transactions and delayed reversals following a recent Techeconomy report that highlighted growing frustrations expressed by users on social media after the company announced the Central Bank of Nigeria’s approval of the appointment of Ope Oyinloy

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Techstars-backed fintech Chimoney shuts down, to refund customer balances
Weekly Digest

Techstars-backed fintech Chimoney shuts down, to refund customer balances

In a May 1 email seen by TechCabal, the Canada-based startup told customers it had stopped processing new transactions and integrations and had begun refunding customer balances.

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Rank Capital Named 7th Fastest-Growing Fintech in Africa by Financial Times
Weekly Digest

Rank Capital Named 7th Fastest-Growing Fintech in Africa by Financial Times

Rank Capital, a proprietary investment platform providing professional wealth management...

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Uganda Fintech MAM Telecom Builds Out Payment Infrastructure Stack as It Eyes East African Expansion
Weekly Digest

Uganda Fintech MAM Telecom Builds Out Payment Infrastructure Stack as It Eyes East African Expansion

Ugandan fintech infrastructure startup MAM Telecom Ltd is advancing a payment and settlement stack aimed at structural inefficiencies in Uganda’s mobile money ecosystem. In parallel, it is positioning its cross-border remittance platform, MAM Fex, for broader East African deployment. The infrastruct

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ASUS Showcases AI-enabled Commercial Devices at First-ever GITEX Kenya 2026
Weekly Digest

ASUS Showcases AI-enabled Commercial Devices at First-ever GITEX Kenya 2026

ASUS will participate at the first edition of GITEX Kenya, taking place in Nairobi from May 19-21, 2026 and will showcase its portfolio of AI PCs designed to support the country’s national digital economy agenda. “We’re excited to be a part of the inaugural edition of GITEX Kenya. The country plays

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Kenya Is Turning Tech Summits Into Investment Infrastructure
Weekly Digest

Kenya Is Turning Tech Summits Into Investment Infrastructure

Nairobi’s growing role in African technology is no longer being defined only by startup growth or mobile money adoption. It is increasingly tied to a different function: acting as a meeting point where investors, governments and technology operators negotiate the next phase of African digital expans

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Africa Tech Summit London 2026 Selects 13 Startups for Investor Showcase
Weekly Digest

Africa Tech Summit London 2026 Selects 13 Startups for Investor Showcase

Africa-focused startups spanning fintech, mobility, healthtech, creator economy, climate tech, AI and travel infrastructure have been selected to pitch investors at the 10th edition of Africa Tech Summit London 2026, set for May 29 at the London Stock Exchange. The summit, regarded as one of the lea

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Stream Raises $5.2 Million to Build MENA’s Billing Infrastructure Layer
Weekly Digest

Stream Raises $5.2 Million to Build MENA’s Billing Infrastructure Layer

Saudi fintech startup Stream has secured a $5.2 million seed extension led by BECO Capital, bringing its total seed funding to $9.2 million as the company positions itself as a core financial infrastructure provider for businesses across the Middle East and North Africa (MENA). The round also drew p

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France Deepens Digital Partnership With Kenya as AI and Cybersecurity Agenda Expands
Weekly Digest

France Deepens Digital Partnership With Kenya as AI and Cybersecurity Agenda Expands

Kenya and France have agreed to deepen cooperation in artificial intelligence, cybersecurity and digital infrastructure as Nairobi strengthens its position as East Africa’s leading technology and innovation hub. The agreement was among 11 bilateral deals signed during French President Emmanuel Macro

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Dollar to Naira Exchange Rate Today, May 12, 2026
Weekly Digest

Dollar to Naira Exchange Rate Today, May 12, 2026

Nigeria’s naira traded with relative stability against the United States dollar on Tuesday, May 12, 2026, as the local currency continued to show resilience across the official foreign exchange market. According to data from the Central Bank of Nigeria (CBN), the naira exchanged around the ₦1,360/$

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👨🏿‍🚀TechCabal Daily – Delivery Hero sell-down
Weekly Digest

👨🏿‍🚀TechCabal Daily – Delivery Hero sell-down

In today's edition: Egypt’s Bosta delivers 75% returns for investors || Naspers-owned Prosus sells additional Delivery Hero stake || Kenya’s taxman wants access to taxpayer data || Vodacom and MTN mobile money subscribers grow

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E-commerce platform Jiji acquires Bangladesh’s Bikroy in first deal outside Africa
Weekly Digest

E-commerce platform Jiji acquires Bangladesh’s Bikroy in first deal outside Africa

The acquisition is Jiji's first outside Africa and the second time in four years that the company has bought a marketplace from Sweden-based Saltside Technologies.

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Amaya wants to become the operating system for African agriculture
Weekly Digest

Amaya wants to become the operating system for African agriculture

Africa's agritech historically funded marketplaces and startups digitising midstream gaps. But the distributors and cooperatives who actually serve farmers got left behind. Amaya says it is fixing that.

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