Fundraising can be a difficult path to navigate, no matter what sector a startup operates in. For early-stage startups, in particular, understanding how to approach fundraising can be a major cause of headaches for their founders. Asides from fundraising, navigating good corporate governance as an early-stage startup is also critical, and we've particularly seen the importance of this year. On the 4th of November, 2022, for the second edition of the Ecobank Fintech Breakfast series, several indu...
Dec 02, 2022•2 hr
Fintechs dominate Africa's tech industry, and for good reason. For instance, in 2021, two-thirds of venture funding raised by African startups went to fintechs. 6 out of Africa's 8 unicorns are also fintechs. Although the entry of fintechs into African financial services first seemed like a threat to traditional players, particularly banks, that is fast changing. Today, banks are seeing fintechs less as competitors and more as partners as it has become clearer that collaboration is what the indu...
May 25, 2022•1 hr 51 min
What is driving the cryptocurrency adoption in Sub-Saharan Africa and is there potential for crypto to become even more popular on the continent? Those are the questions we're starting with on this week's TechCabal Weekly Podcast.
Sep 21, 2020•8 min•Season 1Ep. 13
In the last week, 11 senior executives left Cars45, the online platform that trades used cars. There have been a lot of theories about the mass exits, but what we know now is that a merger is the reason for the exits. We also talk about Facebook and how much people trust online platforms as news sources. The answers are pretty surprising.
Sep 07, 2020•9 min•Season 1Ep. 11
After the disappointing end to Tizeti's independent investigation, it's understandable that more than a few people are already skeptical of the outcome of independent investigations at WeJapa, another Nigerian startup that has found itself in some controversy. The startup's CEO, Favour Ori, has been accused of underpaying developers and making false promises. While he denies wrongdoing, he has stepped down as CEO and one of the company's investors, Microtraction is doing some big talk on how it ...
Aug 31, 2020•7 min•Season 1Ep. 9
This week, we talk about Nigeria's attempts to move to a digital national identification, a big data breach at Experian, the South African credit rating agency, as well as a change of leadership at MTNThis week, we talk about Nigeria's attempts to move to a digital national identification, a big data breach at Experian, the South African credit rating agency, as well as a change of leadership at MTN
Aug 24, 2020•7 min•Season 1Ep. 9
After a week of public backlash, the Lagos state government has now made significant changes to its guidelines for ride-hailing companies in the state. Also, we take a look at the second quarter earnings for the ecommerce company, Jumia.
Aug 17, 2020•6 min•Season 1Ep. 8
In Nigeria, regulatory uncertainty is almost a given, and last week, the new regulations were for the broadcasting industry. The NBC's sixth amendment is worrying for many reasons, as it ends content exclusivity and introduces a penalty for hate speech. In Oyo state, Nigeria, there are rumors of a proposed transportation licence for companies like SafeBoda and MAX. Outside Nigeria, Donald Trump's new executive orders are also causing some concern, with a 45-day deadline for American companies to...
Aug 10, 2020•7 min•Season 1Ep. 7
"Where are the exits" is a question that gets asked often by observers of the African tech ecosystem. While funding news is not in short supply, we're finally seeing some important exits. In May, Beyonic was acquired by MFS Africa and now DPO has been acquired by Network International for $288 million. There's also some recent excitement among investors for Jumia stock, which is now trading at around $12 after it slunk to lows of $3.95 in May 2020. What's got investors excited about Jumia? Find ...
Aug 03, 2020•7 min•Season 1Ep. 6
In 2019, 86% of Nigerian organisations suffered cyber-attacks. It meant that globally, only India suffered more cyber-attacks. But it's hard to know how much these attacks cost businesses, thanks to under-reporting.
Jul 27, 2020•7 min•Season 1Ep. 5
Despite some sad news at the beginning of the week for the African tech ecosystem, there are lots of positives, like TradeDepot and Eversend backing their talk of expansion with much needed funding
Jul 20, 2020•7 min•Season 1Ep. 4
One of the easiest predictions for Q2 was that theere would be a decline in the number of smartphones shipped to Africa. But by how much did the predictions get it right and what OEMs are controlling the African market?
Jul 20, 2020•1 min
