Homepage | TechCabal

African startups raised $174 million in January 2026, trailing last year’s tally by $102 million and well below the 12-month monthly average of $263 million, according to Africa: The Big Deal, a monthly funding tracker.
While a month-on-month dip from December to January is routine in African venture capital (VC), what stands out this January is how few startups raised money, with only 26 startups raising above $100,000, just over half the recent monthly average and...

Nigeria’s telecom and financial regulators are moving to mandate 24-hour refunds for everyday airtime and data mistakes, from over-purchases to wrong-number transfers.
The joint exposure draft released on Monday, by the Central Bank of Nigeria (CBN) and the Nigerian Communications Commission (NCC), seeks to fix long-standing consumer pain points around mistaken airtime and data purchases by replacing non-existent refund...

Raenest, a Nigerian cross-border payments company that offers multicurrency accounts for freelancers and businesses, has launched its services in India and the Philippines, expanding its footprint into South and Southeast Asia to target freelancers and...

When the Meta-backed 2Africa submarine cable landed at Qua Iboe Beach in Akwa Ibom State on February 20, 2024, it quietly rewrote a decades-old rule about Nigeria’s Internet geography. For the first time, an international subsea cable system touched...