TC DAILY

TechCabal Daily, 639 – Zambia’s Central Bank issues cryptocurrency warning
TC Daily
18th October 2018

Bank of Zambia has warned that cryptocurrencies increase risk of money laundering View this email in your browser PRESENTED BY LOCALCOINEXCHANGE 18 – 10 – 2018 If you would like to buy, sell or trade cryptocurrencies, Peer-2-Peer Crypto Exchange platform, LocalCoinExchange facilitates over-the-counter trading of local currency for cryptocurrency in the most comfortable way possible. Users post advertisements on the […]

TechCabal Daily, 638 – Olugbenga Agboola speaks on his first day as Flutterwave CEO
TC Daily
17th October 2018

View this email in your browser PRESENTED BY LOCALCOINEXCHANGE 17 – 10 – 2018 If you would like to buy, sell or trade cryptocurrencies, Peer-2-Peer Crypto Exchange platform, LocalCoinExchange facilitates over-the-counter trading of local currency for cryptocurrency in the most comfortable way possible. Users post advertisements on the website, where they state exchange rates and payment methods for buying […]

TechCabal Daily, 637 – Google’s Motorcycle Navigation Mode Makes Its African Debut
TC Daily
16th October 2018

View this email in your browser PRESENTED BY LOCALCOINEXCHANGE 16 – 10 – 2018 If you would like to buy, sell or trade cryptocurrencies, Peer-2-Peer Crypto Exchange platform, LocalCoinExchange facilitates over-the-counter trading of local currency for cryptocurrency in the most comfortable way possible. Users post advertisements on the website, where they state exchange rates and payment methods for buying or […]

TechCabal Daily, 636 – Flutterwave’s Big News and CEO exit
TC Daily
15th October 2018

Iyin Aboyeji steps down from the CEO role. But there’s Series A extension funding, and a legendary payments icon joins the board View this email in your browser PRESENTED BY LOCALCOINEXCHANGE 15 – 10 – 2018 Sponsor Message   If you would like to buy, sell or trade cryptocurrencies, P2P Crypto Exchange, LocalCoinExchange facilitates over-the-counter trading of local […]

TechCabal Daily, 635 – More troubled waters as Omatek struggles for survival
TC Daily
12th October 2018

View this email in your browser 12 – 10 – 2018 Good morning, people! South African telco giant Telkom started operation in 1991; in that year the company employed over 67,000 people. But as the years went by, competition emerged and technologies advanced, putting pressure on the company and consequently, a steady decline in the number of employees. […]


TechCabal Daily, 634 – A UK-based Accelerator Launches In Africa
TC Daily
11th October 2018

View this email in your browser 11 – 10 – 2018 Good morning, people! Andela has appointed Clément Uwajeneza as Country Director for Rwanda, where its first pan-Africa hub is situated, per a press release we received. Prior to this appointment, Clément was the founding CEO of Irembo, an eGovernment service with over 15,000 daily users. In his new role, […]

TechCabal Daily, 633 – Nigeria’s Central Bank introduces Payment Service Banks
TC Daily
10th October 2018

The Central Bank of Nigeria has issued draft guidelines for the regulation and licensing of Payment Service Banks. View this email in your browser 10 – 10 – 2018 Good morning, folks! Parcel IT has received an undisclosed amount in funding from Germany-based Greentec Capital. The Nigeria-based on-demand logistics startup was launched in 2017 and is a beneficiary […]

TechCabal Daily, 631 – Telkom Kenya Picks Its Battles With Safaricom
TC Daily
8th October 2018

View this email in your browser 8 – 10 – 2018 Good morning, people! Balancing Act’s Russel Southwood did an interview with Telkom Kenya (formerly Orange Kenya) CEO Aldo Mareuse and he had a lot to say. They talked about Safaricom’s dominance and the government’s role in securing that dominance (it recently upped its stake in the telco from 30% […]

TechCabal Daily, 630 – Facebook expands its fact-checking programme in Africa
TC Daily
5th October 2018

Facebook is partnering with Africa Check and AFP to combat fake news in Africa View this email in your browser 05 – 10 – 2018 Good morning, people! Kenya’s BRCK has been named as one of TIME’s 50 Genius Companies for 2018. BRCK designs mobile WiFi devices that enable internet connectivity in regions with poor infrastructure. Other African companies […]

TechCabal Daily, 629 – Taxify continues its expansion across South Africa
TC Daily
4th October 2018

View this email in your browser 4 – 10 – 2018 Good morning! Following a recent investment round of $175 million, Taxify has expanded its operation in South Africa. The ride-hailing company has launched local services in Polokwane and East London. Taxify kicked off operation in Johannesburg in 2016 and now “operates in more cities across South Africa […]


TechCabal Daily, 628 – Payporte’s New ‘Business Model’
TC Daily
3rd October 2018

View this email in your browser 3 – 10 – 2018 Good morning! Nigerian e-commerce platform, Payporte, has narrowed it’s product selection and is only focusing on fashion items now. In an interview with Techpoint, CEO Eyo Bassey said this renewed focus on fashion is part of a longer term plan to “revamp” the business. He also said the startup […]

TechCabal Daily, 627 – MTN is considering scrapping its Nigerian IPO
TC Daily
2nd October 2018

MTN Nigeria is now looking to list its shares by introduction instead of an IPO View this email in your browser 02 – 10 – 2018 Good morning, folks! Agritech startup Bandim Online has beat four others to win the Seedstars Bissau pitch event. Bandim Online provides a web and USSD platform which gives a customer full […]

TechCabal Daily, 626 – Controversy Over Blanket Indemnity For Cell C Directors
TC Daily
1st October 2018

View this email in your browser 01 – 10 – 2018 Good morning, People! CellSaf, a crucial shareholder at South African mobile company Cell C, doesn’t seem to be happy with the company’s move to provide “blanket indemnity” to exiting directors. CellSaf described it as “the most blatant attempt at corporate hijacking in recent history”. According […]

TechCabal Daily, 625 – The Death Of DSTV Mobile
TC Daily
28th September 2018

View this email in your browser 28 – 9 – 2018 Good morning, people! Reports out of South Africa say the website of the country’s ruling party, the ANC, was taken down due to unpaid bills. The ANC says it does not owe anyone any money and the website is down because they are “revamping” it but it […]

TechCabal Daily, 624 – AfDB invests $2m to empower young African innovators
TC Daily
27th September 2018

AfDB boosts its Jobs for Youth in Africa Strategy with $2m View this email in your browser 27 – 9 – 2018 Good morning! Despite criticism and threats of job losses from SA telcos, ICASA is going ahead to publish the final copy of its revised call termination rates this week. The regulator says it is cutting […]


TechCabal Daily, 623 – MTN is not in merger talks with Telkom
TC Daily
26th September 2018

Telkom denies being in merger talks with MTN View this email in your browser 26 – 9 – 2018 Good morning, people! Telkom has denied being in any merger discussion with MTN SA. However, MyBroadband has explored some challenges the telcos might face should they attempt a merger. The publication predicts a possible roadblock with the Competition Commission. […]

TechCabal Daily, 622 – Jumia prepares for a possible NYSE listing next year
TC Daily
25th September 2018

Jumia prepares for a possible NYSE listing next year View this email in your browser 25 – 9 – 2018 Good morning, people! Note: We included a broken link for yesterday’s story about the biggest funding raised by African startups. The correct link is here. Thanks to everyone who pointed this out. Rocket Internet is preparing Jumia for […]

TechCabal Daily, 621
TC Daily
24th September 2018

MTN may break up its 23-country business over regulatory issues View this email in your browser 24 – 9 – 2018 Good morning, people! Reports out of South Africa say MTN is considering whether it should hold onto its operations in 23 countries or break up over regulatory burdens such as those it is dealing with in Nigeria. It may […]

TechCabal Daily, 620
TC Daily
21st September 2018

Rocket Internet on path to profit? View this email in your browser PRESENTED BY AIRTEL 21 – 9 – 2018 Sponsor Message Airtel is partnering with the manufacturers of Infinix, TECNO and itel smartphones to make life better. This will enable telecoms consumers to enjoy exclusive ‘double data’ offer for a six month period. Customers who purchase any of […]

TechCabal Daily, 619
TC Daily
20th September 2018

The Kenyan Government has proposed a tax increase on data, mobile money and phone calls View this email in your browser PRESENTED BY AIRTEL 20 – 9 – 2018 Sponsor Message Good News! Airtel Nigeria has announced a strategic partnership with original equipment manufacturers of the Infinix, TECNO and itel smartphones brand that will enable telecoms consumers to […]


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