26 October 2023
- Snap, the parent company of photo messaging app Snapchat, delivered an unexpected rise in quarterly revenue and offered a positive outlook for the current quarter, attributing its success to AI-powered ad-targeting enhancements.
26 October 2023
- India is already home to some of the world's most innovative and successful Artificial Intelligence (AI) and Electric Vehicle (EV) startups, and a new fund is sure to fuel further growth in these sectors.Launched by Paytm founder Vijay Shekhar…
26 October 2023
- Safaricom has entered a partnership with Kenya Breweries Limited’s Tusker beer brand to enhance the OktobaFest beer festival in East Africa. “This tech sponsorship, valued at Sh30 million, aims to improve connectivity during OktobaFest, boost sign-…
26 October 2023
- NCBA Group and Visa have unveiled a collaborative effort to introduce an online platform for managing spending and expenses tailored for NCBA’s commercial card clients. This platform, known as Visa Spend Clarity, empowers businesses by providing…
26 October 2023
- The ongoing bear market in the crypto industry globally during this period has cast a shadow over many crypto startups that boast millions in their funding portfolio. Several of these companies have been forced to either scale back or shutter…
26 October 2023
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26 October 2023
- Lanklocked Malawi, located in southeastern Africa is home to rich, arable land and a subtropical climate suitable for farming. This makes the environment especially attractive for farming. Over 80% of the population is employed in agriculture, and…
26 October 2023
- YouTube Music is revolutionizing the way over 2 billion users around the world experience music by introducing a slew of new features designed to make music discovery, personalization, and community engagement more enjoyable than ever. In an…
26 October 2023
- Google introduced Android 14 with new exciting features, particularly flowing first to Pixel phones. For customizing personalization, the AI wallpaper feature was introduced with the OS upgrade. With the AI wallpaper, you can use various words to…
26 October 2023
- Recent shutdowns of well-funded African startups like Ghana’s Dash fintech have sparked debate on whether unrealistic expectations from venture capitalists contribute to such collapses. Dash raised $86.1 million but suddenly closed shop despite…
26 October 2023
- In a move that seems inspired by Elon Musk's 𝕏 (formerly Twitter), Meta-owned Instagram, is experimenting with a feature that will allow you to see only posts from paid verified users.Adam Mosseri, the Head of Instagram, has revealed…
26 October 2023
- OpenAI is currently in discussions for a potential deal that could value the company at over $80 billion, marking a substantial increase in its worth in less than six months, new reports state. Thrive Capital is reportedly leading a tender offer…
26 October 2023
- Sony Group recently announced a $10 million fund focused on growing Africa’s entertainment tech startups. As a global leader in gaming, music, movies and content distribution, Sony’s investment represents a major opportunity for Nigeria’s burgeoning…
26 October 2023
- Airtel Africa has collaborated with the Rwandan government to introduce the country’s most affordable 4G smartphone as part of the ConnectRwanda initiative. The goal is to provide over one million Rwandans high-speed internet access by 2024. Priced…
26 October 2023
- Infinix is planning to announce the Smart 8 series. The Smart lineup is the company’s most affordable device and the Smart 8 will be the latest smartphone and will succeed the Smart 7 series launched early this year. Infinix Smart 8 comes with 3GB…
26 October 2023
- TECNO is planning to launch the Spark 20 series – its entry-level smartphone lineup to succeed the Spark 10 series launched early this year. The TECNO Spark 20 series will join the TECNO Camon 20 series also launched earlier this year. TECNO Spark…
26 October 2023
- Investing in shares is one of the more direct ways to gain exposure to the stock market and to easily diversify your portfolio. However, one needs to know where to invest in order to achieve inflation beating returns over the long term. Choosing the…
26 October 2023
- South African startup Adbot has partnered with leading Nigerian telecom MTN to bring its AI-powered ad management platform to small businesses in the country. This marks Adbot’s first expansion outside South Africa. Adbot offers automated tools to…
26 October 2023
- A Nigerian company called Possible EVS plans to open electric vehicle assembly plants in the country, with a goal of producing up to 10,000 EVs per year. This aligns with the company’s mission to spearhead electric vehicle adoption in Nigeria. Based…
26 October 2023
- Following the success of the Zero 5G version, Infinix has announced the Zero 30 4G. The Infinix Zero 30 is the company’s flagship series in 2023 and now exists in both the 5G and 4G versions. While it’s 4G, the device is still as premium as its 5G…
26 October 2023
- With a population of more than 200 million people, Nigeria is battling severe power shortages due to age-long transmission, generation, and distribution constraints that have left many households and businesses reliant on fuel and diesel generators.…
26 October 2023
- FNB was named South Africa’s Best Digital Bank in the 12th annual South African SITEisfaction® survey conducted by Human8 (previously known as InSites Consulting and Columinate). FNB was rated highest for innovation, demonstrated by a successful…
26 October 2023
- In response to the ongoing shifts in the macroeconomic environment,, LOOP has announced that it will be raising its short-term lending rates. , LOOP has adjusted their Base Lending Rate to 16.7%, starting from the...
The post LOOP Set to Raise its…
26 October 2023
- Botswana looking to technology to boost diamond industry, says president
By: Ephraim Modise
Link: techcabal.com/2023/10/26/botswana-diamond-industry-tech/
26 October 2023
- As the world places greater emphasis on environmental, social, and governance (ESG) initiatives, IT departments are actively promoting sustainability efforts. According to research from Enterprise Strategy Group, a significant majority (93%) of IT…
26 October 2023
- While cloud services offer powerful computing resources, hasty migrations often neglect essential data infrastructure. Without this foundation, businesses struggle to unlock the full potential of the cloud, including technologies like artificial…
26 October 2023
- HP Inc. has unveiled a comprehensive initiative called HP Amplify for All. This program integrates all of HP’s solutions and services, including Poly, Teradici, and HyperX, into the HP Amplify Program. This move creates a unified global platform for…
26 October 2023
- Standard Chartered Bank and @iBizAfrica have announced the 6th cohort of the Women in Tech Incubator program. Themed ‘Leveraging Technology for Impact,’ the ceremony witnessed the felicitation of seven outstanding women-led businesses, each…
26 October 2023
- In today’s interconnected world, the South African telecommunications sector finds itself at a crossroads. According to a recent survey by PwC, it’s evident that customers are increasingly dissatisfied with the level of service provided by telcos.…
26 October 2023
- According to Kaspersky research on mobile cyberthreat dynamics in Q2 2023, threats for mobile devices are growing worldwide. In particular, the number of mobile threats for Android devices detected and blocked by Kaspersky in the...
The post…
26 October 2023
- Cameroonian fintech startup Koree has won US$50,000 in cash after winning top prize at the annual Ecobank Fintech Challenge. Run each year by pan-African bank Ecobank Group, the Ecobank Fintech Challenge looks to support innovative startups with…
26 October 2023
- Technology is transforming every sphere of life, from the way that we plan our day, keep record of our health status, to more complex work and business processes. There are so many different aspects of our reality that are integrating with…
26 October 2023
- The upcoming Global Startup Award (GSA) Africa Summit, scheduled from 25 – 27 October 2023 at the Ethiopia Arts & Science Museum in Addis Ababa, is a monumental occasion for Ethiopia, a potential-laden country, signalling a significant milestone…
26 October 2023
- Zambia's real estate sector offers three distinct opportunities: gated estates in Lusaka's outskirts, student housing, and retirement properties in Livingstone.
26 October 2023
- Sony Group has established a US$10 million innovation fund to invest in African entertainment startups. Since 2016, Sony has run a variety of funds, including the Sony Innovation Fund (2016), the Innovation Growth Fund (2019), and the Sony…
26 October 2023
- Today marks a significant milestone for Specno as we celebrate our 5th birthday. Over the last 5 years, Specno has completely transformed the digital industry in South Africa, by offering businesses and startups access to world-class solutions in…
26 October 2023
- Egyptian ed-tech startup Crafty Workshop has secured US$400,000 in a seed funding round led by EdVentures, which it will use help expand its product offering and expand regionally. Founded in 2019 by Hadeer Shalaby and Amgad Moustafa, Crafty…
26 October 2023
- Shipbubble is creating a one-stop API integration that allows e-commerce businesses to harmonise all their logistics needs on one platform, eliminating the need for multiple logistics partners.
https://techcabal.com/2023/10/26/shipbubble-wants-to-…
26 October 2023
- When delving into the realm of cryptocurrency, it’s only natural for newcomers to have a multitude of questions. The first and most obvious frequently asked question (FAQ) would turn the emphasis towards the definition of...
The post What are the…
26 October 2023
- Eutelsat Communications reported first quarter results with total revenues down 4.7% on a reported basis but double-digit growth expected in mobile and fixed connectivity for the full year.
26 October 2023
- Standard Chartered Kenya on Wednesday awarded KES 1.4 million (USD 10,000) each to seven women startups that graduated from its sixth cohort of the Women in Tech programme. The programme which is supported by the iBizAfrica Incubation Centre at the…
26 October 2023
- TECNO is slated to launch the Phantom V Flip – their first clamshell-style flip smartphone that joins the Phantom V Fold launched early this year in the foldable format for TECNO. They are also working on a rollable smartphone as well which they are…
26 October 2023
- Beyon Money and MBME Pay have signed a MOU to streamline payment processes and offer a wider array of financial services in the UAE.
26 October 2023
- Airtel Uganda's revised incentive share structure, which targets institutional investors, has been approved by CMA.
26 October 2023
- Only 5.9% of the 188 founders surveyed reported having access to grants or VC funding as investors are wary of the region.
Click here to read: https://techcabal.com/2023/10/26/investors-not-keen-on-funding-northern-nigerian-startups-new-study-…
26 October 2023
- Editor's Note: This is a guest article written by Carl Jordan, Regional Sales Director, Sub-Saharan Africa at Ad Dynamo by Aleph.It’s all too easy to underplay how social media and other online platforms have altered the advertising and marketing…
26 October 2023
- According to a person with direct knowledge of the matter, DLM Trust abruptly withdrew from the partnership with Patricia due to media backlash.
Link: techcabal.com/2023/10/25/dlm-trust-patricia/
By Ganiu Oloruntade
26 October 2023
- IFC and Sony join forces to invest in African creative startups, aiming to unlock economic potential.
26 October 2023
- Chenosis teams up with Botlhale AI to offer conversational AI in diverse African languages, enhancing accessibility.
26 October 2023
- Zain and Al Ansari Financial Services collaborate to leverage technology for enhanced financial services across regions.