👨🏿‍🚀TechCabal Daily – More birr for Ethiopia’s Safaricom
In today's edition: Quick Fire 🔥 with Omolara Dada || Visa taps Anne Kinuthia-Otieno || Safaricom bets on Ethiopia || Who secured the bag? 💰
Tech
Visa appoints ex-Airtel Money Kenya chief as East Africa head
According to Visa, Kinuthia-Otieno will be based in Nairobi, where she will lead the company's efforts to grow digital payments, deepen partnerships with financial institutions and partners, and expand financial inclusion across the region.
Nigeria’s petrol three-wheelers are going electric—with batteries powered by diesel
Swap converts Lagos petrol tricycles to electric at no upfront cost, but still relies on diesel generators to charge some of its batteries.
After foreigners leave, South Africa’s convenience stores face a tech test
While some South Africans have welcomed the return of locally owned businesses, others question whether township consumers can afford the higher prices that have followed.
Quidax expands stablecoin corridors as African exchanges seek steadier revenue
Quidax expands stablecoin payment corridors across Africa as crypto firms shift toward enterprise infrastructure and steadier institutional revenue.
Bolt brings ride-hailing to ChatGPT across Africa and global markets
Bolt's integration with ChatGPT opens its service to that expanding user base while tapping into Africa's ride-hailing market expected to grow to $3.25 billion by 2031.
👨🏿‍🚀TechCabal Daily – GoLemon shuts down
In today's edition: Nigerian startup GoLemon shuts down || Kenya's AI draft wants proper usage disclosure || Absa Bank Kenya eyes private sector lending || Rwanda sets date to phase out 2G, 3G
Kenya empowers investigators to seize crypto wallets tied to financial crime
Kenya's new crypto rules now empower authorities to seize and convert crypto assets into fiat asset to preserve value during investigations.
Kenya’s new crypto rules could force exchanges to delist foreign stablecoins
The new rules give the central bank direct oversight to cut off local access to foreign stablecoins without having to regulate the offshore issuers themselves.
Why trust has become Nigeria’s next digital payments challenge
Nigeria no longer has a payments problem. It has a trust problem. That is the central argument of a new report by Bridgforte, a policy research institute, published in partnership with the United Nations Development Programme (UNDP) Innovation Hub in Lagos, which argues that confidence in Nigeria's