Abraham Augustine

2 weeks ago | techcabal.com | Bunmi Bailey |Frank Eleanya |Faith Omoniyi |Abraham Augustine

This article is part of TechCabal’s ongoing coverage of the impact of Trump’s tariffs on Africa’s technology landscape. The zero-interest era in the US saw venture capital firms pour billions into emerging markets, including Africa, in search of outsized returns. But the US trade tariff, paused for 90 days, could dampen non-oil export volumes, create unstable exchange rates, and fuel inflation if or when resumed.

Nov 12, 2024 | techcabal.com | Adonijah Ndege |Abraham Augustine

MDaaS, a Nigerian healthcare startup known for its network of diagnostic clinics, has launched its first clinic in Douala, Cameroon as it begins its journey into Francophone Africa. The expansion comes as the startup seeks to diversify its revenue streams amid the Naira’s volatility and inflation in Nigeria. Its CEO, Oluwasoga Oni, said the startup treated 16,000 patients across 16 diagnostic clinics and 20 affiliate clinics in Nigeria in October.

Nov 11, 2024 | techcabal.com | Adonijah Ndege |Ngozi E. Chukwu |Abraham Augustine

Two-wheelers, especially electric motorbikes and scooters, are emerging as the future of e-mobility in Africa, driven mainly by the region’s infrastructural challenges, government policies, and economic factors. Across sub-Saharan Africa, sales of motorbikes–commonly referred to as bodaboda in East Africa–have overtaken those of private cars. By 2030, motorcycle sales across the region will increase to over three million, with an electrification rate of 22%.

Oct 9, 2024 | techcabal.com | Ephraim Modise |Kenn Abuya |Hannatu Asheolge |Abraham Augustine

With cleantech startups poised for explosive growth, carbon credit financing could be a game-changer for the sector. Vladimir Dugin, a senior partner at E3 Capital, a pan-African venture firm, said at Moonshot by TechCabal in Lagos that African policymakers must establish clear regulations to drive the adoption of carbon credit  financing. Panelists noted that the lack of laws and data is slowing the uptake of carbon credit funding on the continent.

Sep 23, 2024 | techcabal.com | Faith Omoniyi |Olumuyiwa Olowogboyega |Ngozi E. Chukwu |Abraham Augustine

Like most businesses affected by the recent increase in fuel prices, last-mile delivery companies in Nigeria are reevaluating their pricing. “In light of the current economic conditions, particularly the significant rise in fuel prices, we find it necessary to make an adjustment to our delivery process,” Remedial Health, a health-tech startup that supplies medications to pharmacies, wrote to its customers via Email.