Sun King joins Kenya’s growing smartphone financing race
The move puts the company in direct competition with M-KOPA and Watu, which have built businesses around financing smartphones for customers who might otherwise struggle to afford them.
Tech
From 70 million to 317 million: How Serigne Dioum plans to turn every MTN subscriber into a MoMo user
MTN Group Fintech CEO Serigne Dioum, in this edition of Coffee With…, tells PHATHISANI MOYO how he plans to convert MTN’s 317 million telecom subscribers into a single, closed-loop financial ecosystem.
Beyond chatbots, South Africa’s 4Sight sees AI running business processes
The company says its AI transformation is built around four pillars: data, process, training and change.
👨🏿🚀TechCabal Daily – Tolaram secures $51m debt
In today's edition: Quizzes || Tolaram secures $51 million funding || Nomba raises $3 million || Who secured the bag? 💰
Uber is gone. Its users must find another way around Nigeria.
For thousands of Nigerians who frequently use ride-hailing platforms, Uber's exit after 12 years came as a surprise, raising questions about what comes next.
Village Capital deploys $450,000 in first Nigeria investments
The Nigeria investments come as early-stage startups continue to face a difficult funding environment.
Nomba raises $3 million to target Africa–Asia payment corridor
Nomba has raised a $3 million debt facility through CardinalStone Finance Company Limited to expand its cross-border payments infrastructure across Central Africa.
As Nigeria’s capital market surges, Daba and Coronation want global investors in
The partnership comes as Nigeria's stock market continues its surge. The NGX ended August with an all-share index year-to-date return of 56.93%.
Inside ISWAP’s secret AI units in Northern Nigeria
Around military bases across northeastern Nigeria, deep defensive trenches serve as a low-tech bulwark against militants from Islamic State West Africa Province (ISWAP), a Boko Haram breakaway faction. Because motorcycles cannot easily cross these ditches, the perimeter defenses give soldiers crucia
Capitec’s $33.8 billion business joins A2X as it expands beyond banking
It also comes as Capitec evolves beyond traditional banking into a digital platform spanning payments, connectivity, devices, insurance and financial services.