Blnk raises $37 million to target Egypt’s underserved credit market
Blnk said it will use the new funding to expand its lending products, strengthen its technology, and explore growth beyond its current markets.
Tech
Nigerian banks found growth in Kenya. Now they need profits.
Deposits at the Kenyan subsidiaries of three of Nigeria's biggest banks have more than doubled over the past five years, signalling growing customer uptake as the lenders expand their East African footprint through acquisitions and organic growth.
Kenyan companies cut jobs after 15-month hiring streak amid weaker demand
Private sector firms reduced staffing levels after more than a year of continuous job creation, according to data from Stanbic Bank Kenya's latest Purchasing Managers' Index (PMI).
👨🏿🚀TechCabal Daily – AfricInvest ships out of Centaures
In today's edition: AfricInvest partially exits Centaures || Grey Business crosses $61 million in stablecoin payments || Mr Price spent $60.4 million on tech and retail || Lesotho secures $6.2 billion for hydropower and AI hub
The Next Wave: Why $215 million went to Spiro
Many EV startups approached the market by selling electric motorcycles directly to riders. The challenge was that the economics never worked particularly well.
Eric Asuma on childhood, ambition, and refusing to sell Kenyan Wall Street
There is a type of entrepreneurs who start a company because they have seen a gap in the market. Then there is the kind who starts one because they are trying to make sense of the world around them. When I met Eric Asuma, founder of The Kenyan Wall Street, he struck me as belonging to the second gro
Nigeria licenced 46 telecom challengers to rival MTN and Airtel. Few have taken off.
More than 40 MVNOs were licenced to disrupt Nigeria’s telecom market, but the sector remains far from delivering on its promise of greater competition.
Nigeria’s Daya taps Aptos to power Africa-Middle East stablecoin payments
By integrating with fintechs and payment providers that already serve businesses and consumers, networks such as Aptos gain access to real-world payment flows that can drive transaction volume, deepen liquidity, and strengthen network adoption.
Safaricom’s $6 fibre plan targets market dominated by estate internet providers
The move pits Safaricom against operators like Vilcom, Ahadi Wireless and Poa! Internet that have built businesses serving price-sensitive households.
Google’s new AI subscription plans explained: Which one should you pay for?
Google’s AI subscription lineup went through its biggest overhaul yet at Google I/O 2026 in May. What was once a single AI Premium tier has expanded into four plans: a free tier, Google AI Plus, Google AI Pro, and now two versions of Google AI Ultra — one at $100/month and one at $200/month. The […]