Startups & Funding

👨🏿‍🚀TechCabal Daily – Moove-ing on

Six years after launching vehicle financing for ride-hailing drivers in Lagos, mobility fintech Moove is exiting the Nigerian market. The company is handing over eligible vehicles valued at ₦35 billion to current operators, ending vehicle payment obligations as it shifts focus toward international markets and autonomous robotaxi fleets.

AfroTech Horizon Newsroom 2 min read

How Lagos Life turned a viral game into an ad business

Lagos Life transformed from a browser simulation game into a commercial venture by monetising virtual real estate. By renting out virtual roadside billboards and lagoon plots to real-world brands, the platform turned viral user engagement into an ad revenue stream.

AfroTech Horizon Newsroom 2 min read

Kenyan brands want digital audiences but still crave newspaper prestige

Commercial brands in Kenya are balancing digital marketing expansion with print advertising budgets. Despite audience shifts toward mobile feeds and online news platforms, traditional print newspapers retain unmatched institutional prestige and corporate credibility.

AfroTech Horizon Newsroom 2 min read

Startups & Funding

Five numbers showing how GTCO’s payment strategy is taking shape

Financial performance metrics from Guaranty Trust Holding Company highlight how its payment subsidiary HabariPay is scaling operations across Nigeria. The non-banking division's profit trajectory and asset growth demonstrate a deliberate push to capture market share from regional fintech rivals.

AfroTech Horizon Newsroom 2 min read

Startups & Funding

The $100 sandal that sparked a Ghanaian e-Commerce engine 

A single transaction involving a hundred-dollar handcrafted sandal triggered the development of a comprehensive Ghanaian digital commerce ecosystem. By addressing systemic logistics bottlenecks and payment barriers across West Africa, the platform expanded into a broad infrastructure engine driving regional online trade.

AfroTech Horizon Newsroom 2 min read

Startups & Funding

Yoco started with card machines. Survival made it grow.

Starting with a single mobile card reader, Yoco has grown into an expansive technology platform serving hundreds of thousands of small businesses. Driven by survival imperatives and operational refinements, the South African fintech successfully scaled its merchant offerings beyond basic payment processing.

AfroTech Horizon Newsroom 2 min read