👨🏿‍🚀TechCabal Daily – Yadea joins Kenya’s e-bike race
In today's edition: Quick Fire 🔥 with Somtochi Onyekwere || Yadea expands to Kenya || Interswitch partners Temenos || Who secured the bag? 💰
Tech
Grey Business processes $61 million as stablecoins dominate payments
Grey Business enables startups and SMEs to open US Dollar (USD) corporate accounts, send and receive international payments, convert currencies, and transact using stablecoins such as USDC and USDT.
Flutterwave targets multi-rail stablecoin payments with Tempo partnership
Flutterwave's move also reflects a broader shift among fintechs from consumer-focused crypto products toward enterprise payment infrastructure.
Interswitch joins race for Africa’s banking technology market with Temenos deal
The deal signals Interswitch's ambitions to become a broader banking technology provider and capture a larger share of banks’ technology spend.
Nedbank taps AI-powered lending to reach underserved South Africans
The Johannesburg-headquartered lender, which operates in six other African markets, has integrated JUMO’s lending technology into its mobile banking platform.
How AI is breaking banking’s old employment model
Banking jobs in Kenya and, by extension, most African markets have carried a certain social prestige thanks to stable salaries, pension plans, and confidence in a sector that seems too important to shrink.
👨🏿‍🚀TechCabal Daily – Uber-charged for Kenya
In today's edition: Uber to expand Kenyan operations || Amazon Prime launches in South Africa || ViaTunisia subsea cable goes live || Smartphones to cost Nigerians more
Nigeria’s Legend Internet revenue drops 19% as costs surge sharply
The downturn marks a reversal from the growth momentum surrounding its April 2025 listing on the Nigerian Exchange (NGX).
Esca Finance taps Tether-backed MANSA for same-day African payment settlements
The move underscores how FX infrastructure providers are using stablecoins to offer faster settlement to businesses seeking alternatives to conventional correspondent banking systems, which can be slow and costly in many African markets. Stablecoin-based settlement infrastructure has emerged as an o
South Africa’s AI skills gap is widening faster than universities can keep up
While businesses across banking, telecommunications, retail and technology are rushing to deploy AI tools, they are competing for talent with skills that often did not exist when many employees completed their degrees.