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
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.
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
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
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
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
Saudi fintech startup Stream has secured a $5.2 million seed extension led by BECO Capital, bringing its total seed funding to $9.2 million as the company positions itself as a core financial infrastructure provider for businesses across the Middle East and North Africa (MENA). The round also drew p
Kenya and France have agreed to deepen cooperation in artificial intelligence, cybersecurity and digital infrastructure as Nairobi strengthens its position as East Africa’s leading technology and innovation hub. The agreement was among 11 bilateral deals signed during French President Emmanuel Macro
Nigeria’s naira traded with relative stability against the United States dollar on Tuesday, May 12, 2026, as the local currency continued to show resilience across the official foreign exchange market. According to data from the Central Bank of Nigeria (CBN), the naira exchanged around the ₦1,360/$
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
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.
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.
The choice of courses by Nigeria’s highest-scoring candidates in the 2026 Unified Tertiary Matriculation Examination (UTME) has revealed a strong preference for technology, engineering, and innovation-driven disciplines, highlighting shifting academic and career interests among the country’s bright
Bfree, a Nigerian startup focused on credit recovery and distressed loan management, has secured $3.1 million in new funding as it expands efforts to address one of Africa’s fastest-growing fintech problems — unpaid digital loans. It has raised more than $12 million in combined equity and debt fundi
In today's edition: Jiji acquires Bangladeshi startup || South Africa hires AI policy panel || Bolt increases fares in Kenya || Kenyan regulator wants details of crypto users
The Nigerian Communications Commission in collaboration with the Lagos State Infrastructure Maintenance and Regulatory Agency and the Association of Telecommunications Companies of Nigeria, today, commenced a statewide Telecom Infrastructure Cleanup Exercise aimed at sanitising telecom infrastructur
The National Identity Management Commission has introduced two new digital customer support channels aimed at improving accessibility, responsiveness, and service delivery for Nigerians and legal residents seeking assistance with National Identification Number related enquiries. The Commission said
