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Nov 4, 2024 | 
techcabal.com | Ephraim Modise |Stephen Agwaibor |Ngozi E. Chukwu |Faith Omoniyi
inDrive operators in Botswana say they’re experiencing lower revenues because of the rising fuel costs and competition for rides after the launch of Bolt in March. More than ten drivers who spoke to TechCabal said the base fares are low and should be increased, continuing a trend across Africa where drivers believe the gig driving model unfairly favors customers.
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Oct 10, 2024 | 
techcabal.com | Ephraim Modise |Faith Omoniyi |Stephen Agwaibor |Ngozi E. Chukwu
To unlock the next stage of growth in Africa’s e-commerce sector, issues like fragmented payments, lack of trust for digital platforms, and regulatory bottlenecks must be addressed. This was the major takeaway from a panel discussion at Moonshot by TechCabal on Thursday. According to recent data, the African e-commerce market is projected to reach $75 billion from 478 million consumers by 2025.
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Oct 10, 2024 | 
techcabal.com | Ephraim Modise |Ngozi E. Chukwu |Stephen Agwaibor |Faith Omoniyi
African startups and the tech media must find a way to coexist. In a fiery panel discussion at Moonshot by TechCabal on Wednesday in Lagos, founders and media specialists presented conflicting reasons why the relationship has been frosty. The African tech ecosystem has grown in the past decade, so has the media that covers them. Homegrown publications like TechCabal have expanded, covering the industry with authority, integrity, and accuracy.
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Oct 9, 2024 | 
techcabal.com | Stephen Agwaibor |Faith Omoniyi |Ngozi E. Chukwu |Kenn Abuya
African startups should adopt a cautious approach to fundraising in the . That was the consensus of fintech players who spoke during a fireside chat on “Innovating in Payments and Tech” at Moonshot by TechCabal on Wednesday. The session included Francis Nwoboshi, CCO Sochitel Group; Wole Ayodele, CEO Fincra; Ahunna Ogunedo, an investment manager with 54 Collective; and Vivian Mbene, COO, The Tonic Technologies.
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May 24, 2024 | 
techcabal.com | Ephraim Modise |Frank Eleanya |Mariam Muhammad |Stephen Agwaibor
The central theme at Africa Tech Week, held at Century City, Cape Town, was artificial intelligence (AI). Although AI has been a big subject at most tech events in South Africa over the past year, this particular AI focus had a different feel to it in that government, corporates, and startups at the event seemed to have more refined AI strategies, compared to a few months ago.
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May 16, 2024 | 
techcabal.com | Hannatu Asheolge |Stephen Agwaibor |Ganiu Oloruntade |Caleb Nnamani
Layi Wasabi breaks the mould of Nigeria’s recent comedic offerings. In one instance, he’s “The Law,” a struggling lawyer with a suit that hangs off his 6’4 frame. In another, he’s Mr Richard, a fast-talking motivational speaker convincing anyone who cares to listen to invest in a life-changing pyramid scheme. His given name, Isaac Olayiwola, may not ring any bells, but these characters bring humour and joy to millions of people.
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Apr 30, 2024 | 
techcabal.com | Kelechi Njoku |Hannatu Asheolge |Stephen Agwaibor |Caleb Nnamani
An ecosystem’s year of grit and excellenceIn 2023, we began publishing impact reports to publicly track our coverage of the ecosystem and better understand how it is changing. As we roll out 2024’s first report, our objective remains the same: we aim to furnish stakeholders—operators, innovators, entrepreneurs, investors, and policymakers—with insights that empower them to make informed decisions and effectively contribute to the continent’s technological and socio-economic development.
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Apr 12, 2024 | 
techcabal.com | Hannatu Asheolge |Mariam Muhammad |Stephen Agwaibor |Caleb Nnamani
2023 was a tough year for the private capital space in Africa, as factors like inflation and currency depreciation , among others, made business incredibly difficult across the continent. Local currencies like the Kenyan shilling and naira sunk to historic lows, while a depletion in foreign exchange reserves increased the cost of doing business in Egypt.
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Mar 25, 2024 | 
techcabal.com | Frank Eleanya |Mariam Muhammad |Stephen Agwaibor
Moonshot by TechCabal returns in October!Moonshot is the conference that brings together Africa’s tech ecosystem in person to network, collaborate, share insights, and celebrate innovation on the continent. At TechCabal, we believe that there is value in bringing together the brightest problem solvers, businesspeople, and innovators on the continent to meet and create and change our world. And so, with Moonshot, we are building a global launchpad for that change to happen.
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Mar 21, 2024 | 
techcabal.com | Stephen Agwaibor |Frank Eleanya |Hannatu Asheolge
On March 14, over a dozen African countries experienced internet outages due to damage to submarine fibre optic cables along the West African coastline. The impact was severe, with massive disruptions to financial services. Among the worst affected were Ghana, Liberia, Benin, and Côte d’Ivoire, which recorded internet connectivity of 25%, 17%, 14%, and 4% respectively.
