- In this interview contributed to TechCabal, Noel K. Tshiani(@NoelTshiani) speaks with Faysal Adam of Faysal Company, a fintech startup in Goma, about the business environment in the eastern part of the Democratic Republic of Congo.
- As South Africa’s national power provider, Eskom, faces seemingly endless problems, data centre operators have been forced to find ways to circumvent the country’s failing power grid, with renewable energy sources being the immediate alternative—Africa Data Centres being the latest to do so.
- Obtaining a Ghanaian passport is a vital step in the process of enjoying citizenry benefits in Ghana. In this article, we will discuss the steps involved in applying for a Ghana passport as a non-citizen before you can be eligible to use the online application portal.
- The question of whether the venture capital fund will be missed or whether it is a case of “good riddance” will remain a polarising one in the South African tech startup ecosystem for years to come.
- Africa’s most valuable company by market capitalisation, Naspers, has shut down its $100 million venture capital fund Naspers Foundry in an effort to scale down its operations.
More in #TCDaily.
- Ten days after Nigeria's Supreme Court ruled that the N200, N500 and N1,000 notes would remain legal tender until December 31, 20223, the CBN has acknowledged the court's ruling. Last week's verdict was emphatic, pointing out that the currency redesign policy announced last year was unfair
- The Central Bank of Nigeria has directed all deposit money banks to begin accepting old Naira notes in line with the Supreme Court ruling.
The old notes will remain legal tender alongside the redesigned notes.
- In English-speaking regions of Africa, acquisitions are a regular occurrence, meanwhile, this is low in the Francophone region.
What does it take to acquire a company in French-speaking Africa?
- While traditional banks have been drowning in negative PR, it has allowed non-traditional banks aka fintechs to display their competence. One such is OPay. The four-year-old platform has gone from being a regular fintech to becoming one of the most trusted means of transaction available currently.
- Since 2018, Accountable has been working to help businesses live long enough to become legacies. We spoke to @temi_adenuga and the @accountableserv team to learn why and how they do what they do.
- HSBC Holdings Plc (HSBA) has announced that its UK subsidiary, HSBC UK Bank, will acquire Silicon Valley Bank UK for £1 ($1.21). The deal will further restrict the economic fallout resulting from the bank’s collapse.
- PayShap claims to offer an easy and safe way for banked and underbanked consumers to make low-value (initially up to R3000) payments to one another in real-time irrespective of where they bank.
- On Friday, news broke that the US Federal Deposit Insurance Corporation (FDIC) had shut down Silicon Valley Bank (SVB).
Here's a quick breakdown of why this is a big deal and how it affects African startups.
- Previously, Twitter users in Nigeria and South Africa who subscribed to twitter Blue used virtual private networks to gain access to other countries' IP addresses where the service is available; not anymore.
- On Sunday, payments fintech Flutterwave denied a Techpoint report that hackers stole ₦2.9 billion of customer funds. Flutterwave insisted that customers did not lose any funds
But several sources told TechCabal a different story. One source said that his company lost ₦8 million
- Amid an investment cool off, EchoVC has announced a fresh $8 million fund dedicated to blockchain startups in Africa. The capital will be deployed to blockchain startups that are solving some of Africa’s pressing challenges
- The JAMB registration number is very important for candidates, and you may need it even till you graduate from Nigerian tertiary institutions. Here are online methods to retrieve the number if lost or forgotten.
- So, we cornered some design geniuses from Big Cabal Media - @osazeyyh, @BarbaraStevensn, and @tuntaism - and made them spill the tea on how they beautifully transformed the website of Nigeria's biggest digital media companies, @zikokomag.
- Yesterday, business publication Semafor Africa announced that a flock of Nigeria’s largest fintech startups are creating a joint strategy to tackle fraudulent transactions within their networks. More in #TCDaily.
- This article was contributed to TechCabal by Sefa Ikpa and Zikora Ibeh. Sefa is an advocate working for the inclusion of marginalised groups and voices in governance processes in Nigeria and the protection of civil liberties. She is an electrical and electronics engineer with a passion to enhance…
- Andela has acquired a 100% stake in Qualified, an assessment platform that certifies top engineering talents. The deal, which was finalised at an undisclosed sum, will add about 3.6 million engineering talents to Andela’s global community.
- One of the essential requirements for registering for JAMB exams is having a JAMB profile code. In case you have misplaced or forgotten your JAMB profile code, here are some methods you can use to retrieve it.
- Adeola Ayoola is the founder of Famasi Africa, a digital health platform that helps people manage and access their medications, schedule doorstep deliveries, as well as automate monthly refills.
- In the war between writers and AI, I'm placing my bet on myself. I used ChatGPT for a week and I think that the only job it's taking is my TikTok therapist's.
- M-Pesa's legitimacy is being challenged in court. The lawsuit strikes at the heart of Safaricom’s mobile money service. But some of the issues raised are not new; they have been publicly debated for at least a decade. signorabraham explains for @TechCabal
- The Central Bank of Nigeria (CBN) has given the green light for open banking to hit the scene in Nigeria! The country is now the first African country to have an open banking regulation. More in #TCDaily.
- Today, the International Women’s Day, Google has announced its inaugural class of 15 women-founded startups in its novel accelerator, tying into the company’s long-standing strategy to empower Africa’s women in business.
- Any transfer into a domiciliary account now attracts a singular and one-off deduction of the equivalent of N50 at an exchange rate determined by the Central Bank as ETML imposed on the receiving account.
- Having played in the competitive remittance industry for years, MFS Africa might gain some more competitive advantage from partnering with the global money transfer behemoth Western Union. Yet, the question remains: why pilot with Madagascar?
- In today's edition of #EnteringTech🚀, we're looking at the lives of some OGs who were into tech before it became mainstream. Here's how Omobola Johnson, Lynda Saint-Nwafor, Adia Sowho, Funke Opeke, and Juliet Ehiamuan-Chiazor have impacted the ICT sector.
- In December last year, the United Nations Women selected the theme; DigitALL: Innovation and technology for gender equality, for the 2023 International Women’s Day celebration. The theme is in line with the focus for the 67th Session of the Commission on the Status of Women (CSW-67), “Innovation…
- In this article contributed to TechCabal, Noel K.Tshiani(@NoelTshiani) of Congo Business Network, discusses why the government should ensure that broadband internet is available in order for entrepreneurship to thrive.
- For today's edition of #TCDaily, we worked with MTN Nigeria to curate a list of 27 women who have two decades worth of contributions in various capacities in the ICT industry.
Here's how Adia Sowho, Funke Opeke and many others have impacted the ICT sector.
- B2B food commerce startup, Twiga Foods has commenced maize farming as part of a public-private partnership with Kenya’s government to scale up food production.
- Five years after the Nigerian Communications Commission (NCC) shared a report on uniform shortcodes, stakeholders in the telecoms industry will now begin implementation. This will enable easy memorisation and a more cohesive regulatory environment.
- Three plaintiffs have indicted Safaricom and Vodafone in a Ksh305 billion ($2.4 billion) lawsuit which claims that Safaricom is operating its M-Pesa arm and Fuliza, its overdraft service, illegally.
More in #TCDaily.
- Today, Ademola Adeleke, the governor of Osun state, officially cancels right-of-way fees, allowing telecom companies and internet providers to lay fibre optic cables for free as part of a digital economy policy.
- Technology has vastly changed and shaped the way we live, work, and communicate, and in the next few years, this will no doubt continue. In this article, we discuss the top five tech skills that will be in high demand beyond 2023.
- Alerzo, a technology platform that caters to retail stores, has laid off at least 400 people, three people close to the situation told TechCabal. The new layoffs come after the company laid off hundreds of employees in August and September 2022.
- African venture capitalists face an uphill battle to prove the continent's potential to LPs. Thought leading is out. Rainmakers are needed. @signorabraham writes.
