Faith Omoniyi

1 week ago | techcabal.com | Sakhile Dube |Kosisochukwu Ugwuede |Frank Eleanya |Faith Omoniyi

Zimi, a South African electric vehicle (EV) charging solutions startup, has secured $320,000 (R6 million) in grant funding from the Energy and Environment Partnership (EEP Africa Trust Fund) to test its vehicle-to-grid (V2G) technology in South Africa. Vehicle-to-grid (V2G) is a technology that lets electric cars send power back to homes, businesses, or the electricity grid when needed.

1 week ago | techcabal.com | Frank Eleanya |Faith Omoniyi |Adonijah Ndege |Kenn Abuya

Opera Mini, Opera’s lightweight mobile browser that’s become a digital lifeline across Africa—especially for users on affordable, low-spec smartphones—is stepping into the AI race with a significant upgrade, the company told TechCabal. The company is integrating its browser AI, Aria, into Opera Mini, bringing advanced AI-powered capabilities to more than 100 million users worldwide—many in data-conscious markets like Kenya, Nigeria, and South Africa.

1 week ago | techcabal.com | Sakhile Dube |Kenn Abuya |Faith Omoniyi |Muktar Oladunmade

Stitch, a South Africa-based payments infrastructure startup founded in 2021, has raised $55 million in a Series B round, bringing its  total funding to $107 million within just four years of operation. The funding is aimed at expanding its in-person payment offerings, improving its online payment suite, and facilitating its entry into card acquiring.

1 week ago | techcabal.com | Faith Omoniyi |Adonijah Ndege |Kenn Abuya

For large organisations operating in Africa, accessing foreign exchange (FX) liquidity when they need it is often a painful experience. Banks rarely provide the full amount required in one go, and when they do, the process is slow, opaque, and fragmented. That challenge—moving money efficiently across borders and accessing FX at competitive rates—is what Verto, a  London-headquartered fintech, set out to solve.

1 week ago | techcabal.com | Faith Omoniyi |Kenn Abuya |Ganiu Oloruntade

Nigeria’s inflation accelerated in March, reversing the temporary relief seen in February, as festive spending during Eid al-Fitr, and renewed currency depreciation lifted prices across the board. Headline inflation rose to 24.2%, according to the National Bureau of Statistics (NBS), up from .