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Top TechCabal News

WhatsApp to Start Showing Ads to Users in Parts of the Messaging App
Meta · United States

WhatsApp to Start Showing Ads to Users in Parts of the Messaging App

52% Center coverage: 150 sources
See the Story
Visa Expands Stablecoin Reach in Europe, Middle East and Africa
Innovation

Visa Expands Stablecoin Reach in Europe, Middle East and Africa

67% Left coverage: 3 sources
Payment card giant Visa (V) has expanded its stablecoin capabilities across the Central and Eastern Europe, Middle East, and Africa (CEMEA) region, and has also formed a strategic partnership with African crypto exchange Yellow Card.Visa appears to be doubling down on stablecoins, which are fast becoming the new payment rails of the Internet, having last month invested in stablecoin-based payments firm BVNK.In 2023, Visa became one of the first …See the Story
Access Bank Completes Takeover of Standard Chartered Bank Division
Tanzania · Tanzania

Access Bank Completes Takeover of Standard Chartered Bank Division

Access Bank has continued its push for expansion, this time with the acquisition of Standard Chartered Tanzania’s Consumer, Private, and Business Banking division.See the Story

Blindspots

Fulani Militia Massacre Leaves 200 Christians Dead in Yelewata Village
Fulani Militia Massacre Leaves 200 Christians Dead in Yelewata Village
Blindspot:
106 sources

Fulani Militia Massacre Leaves 200 Christians Dead in Yelewata Village

Six Nigerian startups make Google’s 2025 Africa Accelerator program

Six Nigerian startups have been selected for the 2025 Google for Startups Accelerator: Africa, as the global tech giant unveiled its latest cohort of 15 AI-driven ventures shaping Africa’s digital future.  The post Six Nigerian startups make Google’s 2025 Africa Accelerator program  appeared first on Nairametrics.Startups · NigeriaSee the Story

BAS Group Acquires Majority Stake in Zuvy to Expand SME Lending Footprint - Tech

BAS Group, a Nigerian investment company with a growing appetite for underserved sectors, has acquired a controlling stake in Zuvy Technologies, an invoice financing startup based in Lagos.  The cash deal, which gives BAS Group over 50% ownership, will enable the company to strengthen its presence in the country’s fragmented small and medium enterprise (SME) lending market. All of Zuvy’s institutional investors have exited. Co-founders Angel Onu…Finance · LagosSee the Story

11 remote workers across Africa share how they work and earn

Remote work adoption across Africa has grown significantly since the COVID-19 pandemic, with professionals in various fields now working for international clients from their home countries. This trend spans multiple industries, from technology and writing to consulting and data analysis. Earnings vary widely depending on skills, experience, and market demand. According to Hubstaff’s freelancer report, African remote workers charged an average of…Pandemic · NigeriaRead Article

“If I open an app and don’t see Mono, we’ve failed.” Mono’s CEO

On September 24, 2024, as venture capital funding for African startups plummeted and anxiety around the decline grew, Abdulhamid Hassan, the founder of prominent open banking startup Mono, posted a simple tweet: “don’t give up. don’t die.”  It wasn’t just a quip but a philosophy that’s guided the rise of the five-year-old YC-backed company, whose Delaware-registered parent company is named Relentless Lab, and which powers seamless financial expe…Apps · Ijebu OdeRead Article

Computer Village merchants recommend laptops for different needs

If you’ve ever been to Computer Village, Lagos’ largest ICT market, you know the rules: hold your bag tight, your phone tighter, and ask the right questions, or you risk walking out with a purchase you’ll regret. When buying a laptop, for instance,  the options are endless. Specs? Confusing. With so many brands available and choices to make, sometimes you just need someone who knows the streets to tell you what to buy. So I did the asking for yo…Lagos, Lagos · LagosRead Article

Clunky investment apps push retail investors to riskier alternatives

For the first time, everyday Nigerian investors surpassed institutional investors in Q1 2024, capturing 1.1% more of capital markets investments than the latter. It is an indication  of a growing appetite for wealth creation among everyday consumers. Yet, despite this momentum, the market’s growth remains constrained by investment platforms that aren’t user-friendly, according to a new report from product research firm Check. The report found th…Lagos, Lagos · LagosRead Article

Which remittance app do migrant workers in South Africa use?

Johannesburg is a magnet for Africa’s workforce. Migrants from Zimbabwe, Nigeria, the Democratic Republic of Congo (DRC), Uganda, and beyond flock to the city’s bustling economic corridors. Many work long hours in retail trade, salons or as gig economy workers. Their earnings power South Africa’s billion-dollar remittance economy.   Over $1 billion flows each year to Southern African Development Community (SADC) countries alone; the actual figur…Migrant Workers · JohannesburgRead Article

Kenyan bank CEOs warn of cybersecurity talent shortage

Kenya’s top bank executives have warned of an acute shortage of cybersecurity experts, saying the talent gap has exposed lenders at a time when cyber threats are rising sharply. Bank chiefs said in the recent Chief Executive Officers Survey by the Central Bank of Kenya (CBK) that the crisis has been compounded by reliance on manual monitoring systems. The survey found that limited access to real-time security tech has left most financial institu…Nairobi · NairobiSee the Story

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