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Naspers-owned Stack Overflow posts 33% revenue growth

According to South African internet company Naspers’ H12022 financial results which were released yesterday, developer knowledge-sharing platform Stack Overflow recorded a 33% revenue growth in the six-month reporting ...
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Multichoice’s accelerator programme is coming to 8 more countries

The Multichoice Africa Accelerator Programme, which disbursed $16 million in funding to six emerging tech businesses last year, is expanding to eight more African countries. According to a ...
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Why Jumia is scrapping products and laying off staff

Today on the Techpoint Africa Podcast, Emmanuel and Chimgozirim discuss the happenings at African eCommerce giant, Jumia. The company announced potential layoffs, and the suspension of several products ...
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Pivo raises $2 million seed round

Nigerian fintech startup, Pivo, has closed a $2 million seed round that included participation from Precursor Ventures, Vested World, Y Combinator, FoundersX, and Mercy Corp Ventures. Pivo provides ...
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Djamo gets $14 million to expand across Francophone Africa

The news Djamo, an Ivorian fintech startup that provides financial services for users in Francophone Africa, has raised $14 million to drive regional expansion.  Enza Capital, Oikocredit, Partech ...
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Nigeria’s Kandon Technologies cleared of money laundering allegations in Kenya

Kandon Technologies, a Nigerian tech company, has been cleared of money laundering and card fraud allegations laid against it by Kenyan authorities earlier in July, according to documents ...
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South African retailer Game joins the metaverse

South African retailer Game has announced its metaverse debut through a Game-branded Roblox game. Launched on 21 November, the game gives players the opportunity to win their share ...
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Climate technology programs for Africa at COP27

*This article was contributed to TechCabal by Seth Onyango, bird agency A new programme to help African states plan and scale new decarbonisation solutions and blunt the devastating ...
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Naspers records strong ecommerce growth in latest financial results

South African internet company Naspers has recorded a 38% increase in ecommerce revenues in its latest financial results released on November 23 2022. The company, which is the ...
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Three female founders looking to change the narrative in Botswana’s startup ecosystem

According to the World Bank’s recently released Digital Economy Diagnostics Botswana report, only 4% of startups in the country have a female member in their founding team. This ...
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Pivo receives $2 million to provide supply chain SMEs with financial services

The news After raising $550,000 in a pre-seed round, Nigerian fintech startup, Pivo, has followed it up with $2 million in seed funding.  Nkiru Amadi-Emina and Ijeoma Akwiwu ...
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Twitter agrees to renegotiate severance pay for former employees at its Ghana office

Hola, Sello Moloko has stepped down as an independent non-executive director and chair of the Telkom board of directors in South Africa due to “workload reasons.” In 2021, ...
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More than a music streaming service – why you should allocate media spend to Spotify

By Carla Harrison, East African Sales Manager, Ad Dynamo by Aleph If I were to pick up your phone right now, there’s a very good chance that I’d ...
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Technology

Stitch introduces direct deposits | TechCabal

South African payments and data API startup,  Stitch, has announced the launch of direct deposit or manual transfer as a payment method, allowing its customers in South Africa ...
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Kenya clears Kora of money laundering and card fraud allegations

The money laundering and card fraud allegations raised against Korapay, the Nigerian payment company, by Kenya’s Asset Recovery Agency (ARA) in July have been dropped, according to documents ...
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The Nigerian YouTube Shorts Creators driving massive views

S/N Creator About YouTube Page 1 Real Warri Pikin: Anita Alaire Afoke Asouha, popularly known as Real Warri Pikin meaning “True Child of Warri” (Warri is a city ...
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Kora is helping global businesses go local and local businesses go global

Fintech is probably the most popular buzzword in the startup space currently. Transactions occur daily worldwide; an easier process would definitely get global attention. Several use cases continue ...
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Apple has rolled out the Emergency SOS Satellite feature globally –

Emergency SOS via Satellite At the iPhone 14 launch event, Apple announced its new Emergency SOS Satellite feature. This will help users who are stranded, without internet connection ...
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TECNO Mobile wins “Most Innovative Mobile Phone Brand”

TECNO Mobile won the “Most Innovative Mobile Phone Manufacturing Brand, Asia” award for 2022, and was invited to join the felicitation ceremony which will be held at the ...
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Can AI Replace Human Programmers in the Future?

“Will AI replace programmers?” This is a hot topic of the last decade. There are automated platforms for code generation trained on bases from such public repositories as ...
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Naspers warns shareholders of tumultuous financial results

Naspers, a South African internet company and Africa’s largest company by market capitalization, has issued a warning that its financial results for the six-month period ending 30 September ...
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The new Naira notes: What you need to know

The President of Nigeria, President Muhammadu Buhari has unveiled the redesigned Naira notes at the Presidential Federal Executive Committee (FEC) meeting today. Meanwhile, the Central bank of Nigeria ...
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TECNO Mobile Won “Most Innovative Mobile Phone Manufacturing Brand, Asia” Award at Global Brands Awards 2022

Hong Kong, November 14, 2022– Recently, TECNO Mobile, the innovative technology brand broke through the competition at the Global Brand Awards hosted by the UK Global Brands Magazine ...
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Digital marketing and its potential for African businesses

This Op-ed was submitted to TechCabal by Umar Bagus, Ignacio Crespo, Anton Efremov, and Geet Kashyap. In the last five years, the share of Africans who choose to ...
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Rencontre avec Serge Ntamack, l’avocat qui a aidé Microsoft à se conformer aux lois en Afrique pendant 15 ans; maintenant il aide les startups à en faire de même

Serge Ntamack est né au Cameroun et a passé ses premières années dans différentes villes du pays suite aux déménagements de ses parents de ville en ville en ...
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YC-backed Tanzanian startup, Ramani, raises $32 million Series A

Due to Kenya’s long-standing dominance of the East African region, Tanzania is not regarded as a typical destination for VC-backed startups to launch or operate their businesses. The ...
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Mobile Network Operators in Ghana commence blocking of SIM cards following a directive by the communication ministry

Mobile Network Operators (MNOs) in Ghana have begun blocking partially registered SIM Cards from accessing data services, according to the country’s National Communications Authority (NCA). The action was ...
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How Novastar Ventures supports Africa’s daring entrepreneurs

In 2015, African startups raised $185 million from venture capitalists. That number sounds minuscule for anyone following the African tech space over the past three years, but if ...
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Ibrahima Kourouma discusses his entry into fintech

Noel K. Tshiani, the founder of Congo Business Network, discusses with Ibrahima Kourouma, co-founder of Paylia, about his entry into the fintech sector in the African continent in ...
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SweepSouth pauses operations in Nigeria due to an “unfavourable global macroeconomic environment”

Nǐn hǎo, Do you remember Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, mentioning on October 26, 2022, that the redesigned naira notes will be introduced on December ...
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