UBA lost ₦1.14 billion to fraud in 2024
Tech News
3 min read
457

UBA lost ₦1.14 billion to fraud in 2024

March 25, 2025
0

United Bank for Africa (UBA) lost ₦1.14 billion to fraud in 2024, even as the Nigerian lender reported a profit after tax of ₦766.6 billion ($493 million), according to its latest audited financial statements. The losses, primarily from electronic fraud and unauthorised transfers, highlight the ongoing battle Nigerian banks face against

Continue Reading
Kenyan court dismisses lawsuit claiming Safaricom copied “Reverse Call” idea
Tech News
3 min read
345

Kenyan court dismisses lawsuit claiming Safaricom copied “Reverse Call” idea

March 24, 2025
0

Kenyan court dismisses lawsuit claiming Safaricom copied “Reverse Call” idea from Davidson Ivusa, a Kenyan innovator who accused Safaricom of copying his concept. The February 27, 2025 ruling seen by TechCabal brings to a close a three-year legal battle over one of Safaricom’s core services, raising questions about how big corporations handle

Continue Reading
Nigeria’s NIBBS, Ceva, lobby Ruto to build Kenya’s new Fast Payment System (FPS)
Tech News
3 min read
493

Nigeria’s NIBBS, Ceva, lobby Ruto to build Kenya’s new Fast Payment System (FPS)

March 24, 2025
0

Nigeria’s NIBBS, Ceva, lobby Ruto to build Kenya’s new Fast Payment System (FPS) and national digital ID programme, intensifying competition for one of Kenya’s most lucrative financial projects. In a letter to Ruto seen by TechCabal, Kenyan payment software provider, Ceva Limited requested a meeting to present Nigeria’s Interbank Settlement System (NIBBS)

Continue Reading
Netumbo Nandi-Ndaitwah: From a Young Activist to Namibia’s First Female President
Biographies
7 min read
854

Netumbo Nandi-Ndaitwah: From a Young Activist to Namibia’s First Female President

March 24, 2025
0

Netumbo Nandi-Ndaitwah’s inauguration as Namibia’s first female president on March 21, 2025, marks a significant milestone in the nation’s history. Her journey from a young activist to the highest office in the country is a testament to her dedication and resilience. Netumbo Nandi-Ndaitwah Biography Netumbo Nandi was born on 29 October

Continue Reading
33 Startups in Kenya to Watch This Year
Inside Africa Start a Business
9 min read
757

33 Startups in Kenya to Watch This Year

March 23, 2025
0

​Kenya’s startup ecosystem has experienced remarkable growth in recent years, positioning itself as a leading hub for innovation in Africa. In this article, we highlight 25 startups in Kenya to watch this year, showcasing their innovative approaches and impact on various sectors. 33 Startups in Kenya to Watch This Year

Continue Reading
Loan for Startup Business in Nigeria This Year
Grow a Business Inside Africa
7 min read
470

Loan for Startup Business in Nigeria This Year

March 22, 2025
0

​Starting a business in Nigeria presents a wealth of opportunities, given the country’s dynamic economy and entrepreneurial spirit. However, one of the significant challenges that startups face is securing adequate financing. Access to loans tailored for startup businesses is crucial for fostering innovation, creating employment, and stimulating economic growth. In

Continue Reading
Best Banks for Small Business Startup Loans in Nigeria
Grow a Business Inside Africa
7 min read
676

Best Banks for Small Business Startup Loans in Nigeria

March 22, 2025
0

​Starting a small business in Nigeria requires not only a robust business plan but also access to adequate financing. Securing the right startup loan can significantly influence the success trajectory of a new enterprise. This article explores some of the best banks for small business startup loans in Nigeria with

Continue Reading
Google’s Taara Lightbridge takes on Starlink with laser-powered internet
Tech News
4 min read
384

Google’s Taara Lightbridge takes on Starlink with laser-powered internet

March 21, 2025
0

Alphabet, the parent company of tech giant Google, is picking up a fresh fight with Elon Musk’s Starlink as Google’s Taara Lightbridge takes on Starlink with laser-powered internet. Taara Lightbridge, a project originally developed under its X “moonshot” division, will become a standalone company, challenging Starlink in the race to connect underserved

Continue Reading
Top 19 Startups in Nigeria Making a Difference This Year
Inside Africa Start a Business
8 min read
674

Top 19 Startups in Nigeria Making a Difference This Year

March 21, 2025
0

​Nigeria’s startup ecosystem has experienced remarkable growth in recent years, positioning itself as a hub for innovation and entrepreneurship in Africa. With a burgeoning population and increasing internet penetration, the country offers fertile ground for startups across various sectors. In this article, we spotlight 19 startups in Nigeria making significant

Continue Reading
33 Startups in South Africa to Watch This Year
Inside Africa Start a Business
9 min read
686

33 Startups in South Africa to Watch This Year

March 21, 2025
0

In 2024 alone, startups in South Africa raised an impressive $2.3 billion, marking a 45% increase compared to the previous year. Positioning the country as a leading innovation hub on the African continent. This surge in investment has fostered the emergence of numerous startups across various sectors, including fintech, healthtech,

Continue Reading