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Month: July 2021

92 posts
Breaking News: TechCabal Daily – 2 million customers

Breaking News: TechCabal Daily – 2 million customers

30 JULY, 2021 Good morning ☀️ ️ So money changers in Nigeria are saying that the CBN’s latest directive doesn’t stop them from providing services. They’re going to reach out to the apex bank to resolve the issues that were brought to light with the directive. There seems to be some hope for them after…
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Breaking News: Retail buyers will now access foreign currency via bank mobile apps, Nigeria’s central bank says

Breaking News: Retail buyers will now access foreign currency via bank mobile apps, Nigeria’s central bank says

The Central Bank of Nigeria has directed commercial banks in the country to create mobile applications that will enable easy sales of foreign exchange (FX or forex) to retail customers. The directive comes after the CBN, on Tuesday, halted its weekly allocation of forex to Bureau de Change companies (BDCs), whose primary responsibility is the…
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Breaking News: Field Intelligence expands into 11 African cities across Nigeria and Kenya

Breaking News: Field Intelligence expands into 11 African cities across Nigeria and Kenya

Field Intelligence, a Nigeria-based healthtech startup digitising the pharmaceutical supply chain in Africa, is expanding into 11 cities across Nigeria and Kenya; Rivers, Edo, Kaduna, Kano, Enugu, Delta and Kwara States in Nigeria, and Eldoret, Mombasa, Kisumu and Naivasha in Kenya.  This expansion is coming after it raised 3.8 million last year in March to…
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Breaking News: Germany’s development institution floats investment program for African agritech startups

Breaking News: Germany’s development institution floats investment program for African agritech startups

A large part of Africa’s social and economic prosperity relies on agriculture. It accounts for 23% of sub-Saharan Africa’s GDP and according to McKinsey, about 60% of Africa’s population are small-scale farmers. Yet, the sector is underdeveloped.   But the quest to explore agriculture through technology in Africa is on the rise, as more startups now…
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