Chimoney’s shutdown reads less like the collapse of a single startup and more like a stress test on the layer many founders quietly depend on but rarely control. The Nigerian-founded, Canada-based fintech built its pitch around abstraction. One API, multiple payment rails, spanning bank transfers, m
The Governor of the Central Bank of Nigeria and Members of the Monetary Policy Committee have warned that rising political and election-related spending ahead of the 2027 general elections could undermine the country’s disinflation gains and trigger fresh inflationary pressures. The warnings were co
On Techpoint Digest, we discuss KRA pursuing cryptocurrency transaction records, Bolt Kenya raising fares by 6% as fuel prices rise, and MTN reversing a decade-long asset-light strategy in a $2.2 billion move.
The Digital Procurement Africa Summit holds on May 26 in Lagos, bringing together enterprise leaders for a focused conversation on why procurement digitisation has become critical to how large African organisations manage costs, governance, and data.
Venture growth and innovation firm, Clarus is partnering with Norrsken East Africa to solve this problem with the first cohort of a GTM accelerator program called the Scale Velocity Lab.
From managing infrastructure costs to building profitable business models, Ayodeji Osisami explains why sustainability, efficiency, and disciplined growth are becoming the real tests for African fintech companies.
TechCabal is announcing Grey, the US-based global cross-border payments company serving nearly three million users across 70 countries, as the headline sponsor of Moonshot 2026, for the conference’s return on October 28 and 29, 2026, at the National Theatre, Lagos, Nigeria. Grey’s headline partnersh
Sahara Power Group has announced the launch of its flagship Sahara Power Technical and Innovation Academy, a transformative initiative designed to equip young Nigerian engineers with the technical expertise and practical experience needed to drive sustainable power generation nationwide. The program
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
