Muktar Oladunmade
Reporter at TechCabal
fun | reporter @TechCabal send scoops to [email protected]
Articles
-
3 days ago |
techcabal.com | Muktar Oladunmade
For five consecutive editions of Ask an Investor, we’ve asked Africa-focused investors the same core questions: how can local capital fund the continent’s startups, how do those backers add value, and what makes money? This week, our recap of the past five episodes pulls hard-won lessons from every interview: Marge Ntambi (Benue Capital), Axel Peyriere (serial angel & founder), Fisayo Durojaye (Immerse VC), Biola Alabi (Delta 40/angel syndicates), and Alexandre Lazarow (Fluent Ventures).
-
5 days ago |
techcabal.com | Muktar Oladunmade
Last week, the African Venture Capital Association (AVCA) brought its flagship VC Summit back to Lagos, the home of Africa’s unicorns, for the first time in a decade, and the timing could hardly have been more charged.
-
1 week ago |
techcabal.com | Muktar Oladunmade
Nigerian fintech PalmPay will expand into South Africa, Côte d’Ivoire, Uganda, and Tanzania by the end of 2025, building on momentum from processing over 15 million daily transactions in its home market during the first quarter, Managing Director Chika Nwosu said at a press conference on Wednesday. He declined to disclose the value of the transactions. The expansion will bring PalmPay’s footprint to six African countries, following earlier launches in Ghana and Kenya.
-
1 week ago |
techcabal.com | Muktar Oladunmade
Adaptation is often the determiner between survival and extinction in the animal kingdom, and according to Alexandre Lazarow, the managing partner of Fluent Ventures, a global early-stage fund, the same principle applies to startups. “I think innovation today functions more like a global supply chain. Ideas travel, but they require local adaptation to succeed,” he told TechCabal on a call.
-
1 week ago |
techcabal.com | Muktar Oladunmade
When Nigerian remittance startup LemFi closed its $53 million Series B round in January 2025, one of the biggest winners was Sliverbacks Holdings. The Africa-focused private equity firm, which also invested in Flutterwave and Moove, quietly exited its stake in the round, achieving a 29x return on its initial investment—an extraordinary outcome in a funding environment where big wins have become increasingly rare.
Try JournoFinder For Free
Search and contact over 1M+ journalist profiles, browse 100M+ articles, and unlock powerful PR tools.
Start Your 7-Day Free Trial →X (formerly Twitter)
- Followers
- 1K
- Tweets
- 24K
- DMs Open
- Yes
RT @LRNZH: "In 2023 Nigerians spent 16.5trn naira ($10.3bn) on generating off-grid power, equivalent to 60% of the entire government budget…
RT @WolfRMFC: Btw this Barcelona team played a gruelling 120 minutes semi final on Tuesday. But somehow they running more than every single…
When ride-hailing service, Rida, launched in Harare, Zimbabwe in 2023, it not only brought convenience to commuters, but also attracted professionals who are leaving their jobs to supplement their meagre salaries as gig workers. https://t.co/VNhmKqKShD