Pick n Pay breach puts South Africa’s retail cybersecurity under scrutiny
While Pick n Pay acknowledged the breach, it disputed claims that complete card information was exposed.
Tech
Flutterwave promotes 25% of its global workforce in talent retention move
The move underscores Flutterwave's focus on talent retention at a time when several Nigerian fintechs, including Branch, Kuda, and Quidax, have reduced headcount in efforts to improve operational efficiency and cut costs.
Nigerian business banking startup Brass merges operations into Paystack MFB
The shutdown marks the culmination of a turbulent two-year period for Brass, which once positioned itself as a modern banking layer for African businesses before a liquidity crisis threatened its survival in 2024.
Spiro raises $215 million as race for Africa’s EV market heats up
Spiro, the electric mobility company building battery-swapping infrastructure for motorcycles across Africa, has raised $215 million in equity funding as it pushes deeper into a capital-intensive race to electrify urban transport.
Nigeria’s CcHUB expands Lagos headquarters with first private startup offices
Yaba—considered Nigeria’s answer to Silicon Valley—has served as the centre of the country’s technology industry. CcHUB became one of the institutions at the heart of that rise, offering founders workspaces, mentorship, investor access, and proximity to other entrepreneurs at a time when Nigeria’s s
How every recharge fed Nigeria’s $5.8 billion telecom machine
Every time Nigerians buy airtime, renew a data bundle, pay for home broadband, or top up Internet for their businesses, they feed a telecommunication economy that generated ₦7.97 trillion ($5.80 billion) in the first quarter of 2026, according to the National Bureau of Statistics (NBS).
👨🏿🚀TechCabal Daily – CBN gives PoS agents more room
In today's edition: Kenya's I&M spent $7.7M to acquire Tanzanian stakes || Nigeria's Central Bank adjusts PoS coverage rule || MCB to spend $1 billion on trade finance || SPAR exits UK business
In a duplex in Lagos, Cowrywise is trying to build a cathedral with 11 priests
For a company of fewer than 80 people, it meant one in seven employees ended that day as a senior executive.
Nigeria’s central bank expands PoS operating radius to 70 metres
The Central Bank of Nigeria (CBN) has expanded the permitted operating radius for Point of Sale (PoS) terminals to 70 metres from 10 metres after concerns that the original restriction was too rigid for merchants and agents.
“I didn’t see it becoming a business”: Day 1 to 1000 of Startbutton Africa
Lost law school fees, Twitter DMs, and a frozen account, have made Startbutton Africa into a system that helps businesses expand across African markets.