Kenn Abuya

1 week ago | techcabal.com | Ganiu Oloruntade |Kenn Abuya |Bunmi Bailey |Muktar Oladunmade

Nigeria’s tech ambitions were on full display this week at GITEX Africa in Morocco, where the National Information Technology Development Agency (NITDA) pitched to the international audience a future shaped by artificial intelligence in Nigeria and cybersecurity, two pillars it hopes will define the country’s next phase of digital transformation.

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

Digital lender Tala has laid off 28 employees from its customer operations team, citing a reduced workload due to fewer loan defaults and a drop in customer support queries. In an internal memo seen by TechCabal, the company said the layoffs were necessitated by a shift in how customers repay their loans. An internal memo from February 2025 initially outlined plans to cut 55 roles across Tala’s recovery and customer service teams, citing operational shifts and efficiency measures.

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 | Muktar Oladunmade |Frank Eleanya |Sakhile Dube |Kenn Abuya

Moniepoint, the Nigerian fintech unicorn, has launched Monieworld, its remittance product that allows UK residents to send money directly from a Monieworld account, cards, a British bank account or via Apple Pay and Google Pay to any Nigerian bank account. In a live demo seen by TechCabal, it took just 17 seconds to send £1 to a Moniepoint account, which received ₦2,172—₦53 more than on other remittance platforms like Grey and ₦30 more than Lemfi.

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.