TechCabal

Mark your calendars! Moonshot 2025 is coming!! 👩🚀 On the 15th and 16th of October 2025, the founders, builders, and fixers shaping the future of Africa's tech ecosystem will converge in Lagos for Moonshot by TechCabal. 🚀 Here’s what to expect this year: ✅ 9 content tracks covering the future of commerce, emerging tech, the creative economy, climate tech, and more ✅ Keynotes and masterclasses from renowned tech leaders ✅ Upscale networking mixers ✅ Cool demos and product showcases and so much more Ready to be part of the movement driving Africa’s digital future? Early bird tickets are now available at 20% off for a limited time. Grab your ticket at  https://lnkd.in/dkAD9pEi   #Moonshot2025 #MoonshotbyTechCabal

On August 7, I watched a cobalt-blue Moniepoint point-of-sale (POS) device do something it had never done before. With a few taps on the touchscreen, it logged the sale of a bottle of water, processed the payment, updated the stock count, and printed an invoice and a payment receipt — all in one go. The reconciliation of payment and inventory that took seconds here routinely eats up hours and profit in Nigeria’s retail economy. It is a problem that startups like Orda and Mira are trying to solve with their POS devices. Seven months after TechCabal exclusively reported that Moniepoint was quietly working on a POS system to solve this problem, the fintech unicorn has launched Moniebook, a downloadable software for mobile devices and Moniepoint’s touchscreen POS. This device makes inventory reconciliation as instantaneous as payment. Find out more : https://lnkd.in/er_i9hGG

IHS Towers, Africa’s largest infrastructure company, sharply reduced its infrastructure spending in the first half of 2025, shifting from an aggressive growth posture to a more measured, cash-flow-driven strategy. The move comes amid significant portfolio changes, major asset disposals, and a deliberate focus on core markets, including Nigeria, South Africa, and Brazil. IHS spent approximately $89.9 million on new tower projects in H1 2025, down from $106.8 million in the same period last year, representing a decline of roughly 15.8%. The drop was felt in both quarters: Q1 capital expenditure, or capex, fell 17.8% year-on-year to $43.6 million, while Q2 dropped 13.8% to $46.3 million. click here https://lnkd.in/eu6i_DqJ to read more

Ajua, a Kenyan consumer experience startup, has merged with Rate My Service (RMS), another Kenyan firm that builds tools for businesses to measure and improve customer and employee interactions. The merger reflects a growing push among Kenyan tech firms to consolidate capabilities and scale beyond their home market, as competition from both local and international customer experience platforms intensifies. Rivals include Africa’s Talking and Emalify, which offer business customer engagement tools. Ajua did not disclose the nature or value of the transaction, and neither company provided revenue figures. The combined entity framed the deal as a strategic move uniting complementary strengths and positioning for growth in East, West, and Southern Africa. Read more :https://lnkd.in/emDXxxhN

👩🏾🚀TC Daily — Globacom is playing telecoms on hard mode Globacom, Nigeria's fourth-largest telecom operator, could come under the wrath of theNCC if it fails to appoint a new CEO in 24 months. The CEO-less operator previously attempted to hire a chief executive back in October 2024,but that didn't pan out. Ahmad Farroukh resigned shortly after. Since its launch in 2004, Globacom has operated solely under the leadership of chairman, and Nigeria second-richest man, Mike Adenuga. However, the NCC, the country’s telecoms regulator, is saying it will no longer tolerate that lack of structure in its bid to reorient the telecom sector. Sign up and read more on TC Daily 👇🏽 https://lnkd.in/eKS6bfBS

Choosing a data bundle in Kenya often means juggling price, speed, and coverage. As internet needs grow and living costs rise, many users keep multiple SIM cards to maximise network offers. Kenyans often own multiple SIM cards to get the best data, voice, and SMS deals. Safaricom holds 63.3% market share, driven by extensive 4G/5G coverage and M-PESA’s stickiness. Airtel offers cheap bundles and Airtel Money, but has under 10% of the mobile money market. Faiba appeals to budget data users, while Telkom serves a smaller loyal base. Safaricom and Airtel have 5G; all offer 4G. This guide covers the best data options, from daily bundles to unlimited plans, and why users choose them. Read it here : https://lnkd.in/eFHpBYzm #Consumertech #Dataplans #kenya #TechCabal

As the South African Social Security Agency (SASSA) prepares for the upcoming September 2025 grant payments, reviews will intensify to ensure beneficiaries remain eligible. Recently, 69 recipients in Mahikeng, North West province, were disqualified after the agency found they had undeclared income. In July, SASSA CEO Themba Matlou noted that the agency will not hesitate to lapse grants for individuals who fail to respond to review requests or update their personal details. The grant review targets individuals suspected of not disclosing additional income, as required under the Social Assistance Act. About 210,000 beneficiaries have been flagged after cross-referencing credit bureau data. Beneficiaries selected for review must submit the requested documents. Get more details here : https://lnkd.in/eesFD9tt

Street wallet has raised $350K, it's QR payments across SA. Founded in 2021, the startup offers vendors lanyard cards with QR codes linked to their profile. Customers who want to pay or give a tip scan the code using their smartphone and pay via Apple Pay, Samsung Pay, SnapScan, Zapper, or Scan-To-Pay. Vendors get instant SMS confirmations, and the day’s takings are converted overnight into Standard Bank Instant Money Vouchers, withdrawable at ATMs or retail partners the next morning. Find out more details here : https://lnkd.in/e3pRMTgd

Digital lenders in Nigeria now risk fines between ₦50 million and ₦100 million, or 1% of their annual turnover, for unethical conduct and other violations under new rules introduced by the Federal Competition and Consumer Protection Commission (FCCPC). The newly issued Digital, Electronic, Online, or Non-Traditional Consumer Lending Regulations, 2025, released in July, represent the commission’s latest effort to regulate the country’s $2.1 billion consumer lending market, which even banks have long avoided due to high default rates. Read more https://lnkd.in/e5e7Uh4k #Fintech #FCPCC #TechCabal

When Anil Atmaramani resumed as Antler’s new partner for Africa in 2024, he was looking to make bets that some of the world’s most disciplined, resilient, and execution-focused founders were on the continent. Now, that bet is live. Antler, the global investment network that focuses on early-stage investments, has launched and selected the first cohort of its Nigerian accelerator program. In a space crowded with accelerators and pitch competitions, Antler’s proposition is simple: don’t just back startups, create them from scratch. And do it with people who live the problems they’re trying to solve. The firm’s 8-week in-person sprint teaches founders the fundamentals of startup building. Click here : https://lnkd.in/eB953RR6 to read more