Techcabal

Techcabal

TechCabal is the leading technology publication in Africa covering startups and the digital economy. It provides insightful reporting on innovation and investment trends serving as the premier voice for the African tech ecosystem.

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Kenya’s KCB Group fires staff over fraud as cases drop sharply

Kenya’s KCB Group fires staff over fraud as cases drop sharply

The rise in staff dismissals amid falling fraud cases signals that Kenyan banks are taking a tougher stance on insider crime, using technology and tighter controls

Flutterwave hits $3.25 billion valuation in Ripple-backed Series E

Flutterwave hits $3.25 billion valuation in Ripple-backed Series E

Flutterwave, Africa’s most valuable fintech company, has raised a Series E round at a $3.25 billion valuation after a strategic investment from Ripple.

Which Samsung phones are getting the Samsung One UI 9 update

Which Samsung phones are getting the Samsung One UI 9 update

One UI 9, built on Android 17, kicked off its beta program on May 13, 2026, starting with the Galaxy S26 series.

PawaPay crosses 3 billion transactions on Africa’s mobile money rails

PawaPay crosses 3 billion transactions on Africa’s mobile money rails

PawaPay, a UK-based fintech company that provides mobile payments solutions to African businesses, has said it processed three billion mobile money transactions

Fintech Chimoney to be acquired four weeks after announcing shutdown

Fintech Chimoney to be acquired four weeks after announcing shutdown

The acquisition comes four weeks after Chimoney announced it was shutting down due to insufficient capital to sustain operations.

👨🏿‍🚀TechCabal Daily – MTN is going green

👨🏿‍🚀TechCabal Daily – MTN is going green

In today's edition: Bolt is verifying its South African passengers Starlink is starting operations in Côte d’Ivoire Gabon’s national centre is coming soon MTN

Beltone taps fintech Telda to bring mutual funds to Egypt’s digital investors

Beltone taps fintech Telda to bring mutual funds to Egypt’s digital investors

The deal is the latest sign of how Egypt's asset managers are increasingly turning to fintech platforms to reach retail investors.

Why Africa’s electric mobility is no longer a venture bet

Why Africa’s electric mobility is no longer a venture bet

Startups in the sector have raised over $1.28 billion since 2019. A third of the capital now comes as debt, in larger rounds, and from lenders rather than venture

Why Launch Africa returned $2.5 million to investors after 11 exits

Why Launch Africa returned $2.5 million to investors after 11 exits

The Mauritius-domiciled, pan-African early-stage fund said it has returned roughly 7% of paid-in capital on the $36 million vehicle.

How stablecoins became part of Nigeria’s central bank’s plan for payments

How stablecoins became part of Nigeria’s central bank’s plan for payments

The Central Bank of Nigeria (CBN) mentioned stablecoin(s) at least 68 times in its newly released Payments System Vision 2028 (PSV 2028).  For a regulator that