South African VC Mamor Capital raises $18.8 million first fund
Mamor is still raising towards its R550 million ($34.375 million) target and says it will invest in South African technology companies that already have paying customers.
Tech
Card-issuing fintech Allawee folds into Paystack after quiet acquisition
Allawee is the second fintech brand Paystack has acquired and folded into its operations this year.
What 10 years and $100M taught TLcom about scaling in Africa
Much of the conversation about African venture capital in the last three years has been about what it lacks. Funding is down from its 2021-2022 peak. Exits are scarce. Small cheques that grow companies have thinned out, and startups with strong teams and revenue have shut down. But Eloho Omame, a pa
Spiro appoints automotive veteran to lead West and Central African operations
The hiring is the latest wave of appointments at Spiro as the company reshapes its leadership following a $270 million fundraising haul in June.
Nigeria wants crypto firms to lock up 80% of customer assets offline
The rules are aimed at strengthening investor protection and reducing the risk that customers lose access to their assets when a digital asset company fails. The stakes are high in a market where the collapse or failure of a platform can leave customers unable to access their money, with little clar
👨🏿‍🚀TechCabal Daily – New wine, old wineskins
In today's edition: New wine, old wineskins || Terra Industries appoints ex-Palantir exec || Mozambique creates AI forum || JSE suspends tech firm Labat Africa
Nigeria wants more assistive tech. Who is fixing its inaccessible digital platforms?
While Nigeria is actively fostering innovation in assistive technology, true digital inclusion requires addressing the systemic inaccessibility of existing government and commercial platforms rather than relying solely on workarounds.
A Lagos car crash almost killed him. A €900 visa saved his dream of seeing the world.
A near-death experience in Lagos pushed Adewale Adekomaiya to leave Nigeria and travel across seven European countries with his wife.
Lessons from Copenhagen for Africa’s founders and investors
The TechBBQ event in Copenhagen, Denmark, set the stage for important conversations in the country's tech ecosystem. Africa can learn a thing or two.
Nigeria picks French, Israeli firms to build new communications satellites
French aerospace company Thales Alenia Space and Israel Aerospace Industries (IAI) have been selected to build Nigeria’s next communications satellites