Faith Omoniyi

6 days ago | techcabal.com | Faith Omoniyi

What does it really take to build a startup in Africa—from the first idea to the thousandth day? In Day 1–1000, we follow founders through the raw, unfiltered journey of company-building: the early scrambles, the quiet breakthroughs, the painful pivots, and the milestones that shape what a business becomes. In this inaugural edition, we sit with Tunde Akin-Moses, co-founder of Sycamore, to unpack how a simple lending idea grew into one of Nigeria’s quietly resilient fintech stories.

1 week ago | techcabal.com | Faith Omoniyi

It was 4 PM on a rainy Tuesday afternoon, April 29th, 2025, when scores of people trooped into the premises of a four-story building at the heart of Nigeria’s startup capital, Yaba, skittering to get shade from the unrelenting rain, which had been falling all afternoon. Those people hurrying inside were not simply seeking shelter. They were attending the launch of the newly built study centre of Nigeria’s first fully accredited private open university, MIVA.

1 week ago | techcabal.com | Faith Omoniyi

Platos Health, a Lagos-based health-tech startup that allows people to monitor their body fat and other health metrics from the comfort of their homes, has raised a $1.4 million pre-seed round to scale its AI-driven metabolic health platform, Platos Monitor. Google for Startups led the round, with participation from Invest International and a group of angel investors from Google, Tesla, and Unicredit.

2 weeks ago | techcabal.com | Faith Omoniyi

Ride-hailing giant Bolt is rolling out electric tricycles in Lagos as it pushes to expand its electric vehicle (EV) footprint across West Africa. Starting in May, the company will deploy 25 tricycles developed in partnership with SGX Mobility, a Lagos-based electric mobility company. The launch builds on Bolt’s existing tricycle business in Nigeria, where it already offers keke rides in cities like Jos and Uyo. But this is its first electric version in the country.

2 weeks ago | techcabal.com | Faith Omoniyi

Kofa, a Ghana-based clean energy startup that offers battery-swapping infrastructure, has raised $8.1 million in pre-Series A funding. Kofa will use the new funding, a mix of equity and debt, to expand its battery-swapping infrastructure across Ghana and Kenya. It will also support the deployment of new swap stations, the purchase of battery inventory, and the scaling of its AI-driven energy management platform.