Startups & Funding

Credit Direct wants a bigger role in how Nigerians access financial services

Nigerian consumer lending firm Credit Direct is expanding beyond traditional loan products to integrate embedded finance into everyday digital platforms. Speaking at Moonshot by TechCabal 2026, product marketing lead Victoria Arinze explained how providing credit at the point of transaction helps bring financial services closer to underserved consumers.

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Infrastructure

Stablecoins gain ground in African trade but face hurdles to wider use

Dollar-pegged stablecoins are increasingly providing African enterprises with alternative channels to pay international suppliers outside traditional banking hours. However, security concerns over platform hacks, higher settlement fees, and regulatory warnings from the IMF continue to impede mainstream commercial adoption across sub-Saharan Africa.

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Infrastructure

How Vectar Energy moved from selling solar generators to building carbon-market infrastructure

Nigerian climate finance company Vectar Energy has pivoted from selling portable solar power stations to building digital carbon-market infrastructure. Founded by Deborah Fadeyi, the startup uses its ecoWise platform to pool small distributed solar projects across Nigeria, enabling developers to monitor avoided carbon emissions and access international carbon credit markets.

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Developer Culture

African creators need infrastructure that turns attention into income, Moonshot panel says

African digital creators possess creative talent and growing audiences, but systemic infrastructure gaps impede sustainable monetization. Speaking on the creator economy panel at Moonshot by TechCabal, industry leaders highlighted that connecting payment gateways, production tools, and distribution networks is critical to converting online engagement into viable business revenue.

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Developer Culture

At Moonshot 2026, Africa’s tech future walked through the doors

Moonshot by TechCabal 2026 convened 8,000 participants from 39 countries at Lagos's renovated National Theatre to examine the maturation of Africa's technology ecosystem. Moving beyond initial survival strategies, delegates focused on local market execution, cross-border licensing, and expanding practical utility for enterprise end-users.

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Infrastructure

Nigeria’s stablecoin demand has scaled. Its liquidity hasn’t, says Obiex

Surging interest in digital dollars across Nigeria has created an imbalance between retail buyer demand and local market liquidity. Speaking at Moonshot 2026, cryptocurrency platform Obiex highlighted that while execution efficiency has improved, scaling deep liquidity pools remains essential to support sustained transaction volumes.

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Startups & Funding

Raenest wants users to earn from their money, not just receive it

African cross-border payments company Raenest is expanding beyond money transfers to help users generate returns on their balances. Speaking at Moonshot 2026, co-founder and chief executive officer Richard Oyome outlined how integrating earning mechanisms and stablecoin liquidity allows creators, freelancers, and businesses to maximize their stored funds.

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Infrastructure

Breet makes case for simpler crypto payments at Moonshot

African cryptocurrency infrastructure platform Breet is advocating for simpler digital asset payments to drive enterprise adoption. Speaking at Moonshot by TechCabal in Lagos, chief operating officer Vivian Mbene emphasized that enabling businesses to receive local currency settlements directly is critical to overcoming merchant skepticism.

AfroTech Horizon Newsroom 2 min read

Opinion & Analysis

Banks must become ‘invisible’ to compete in digital finance

Traditional commercial lenders must embed financial services directly into everyday consumer transactions to remain competitive alongside digital platforms. Speaking at Moonshot by TechCabal in Lagos, industry leaders from Access Holdings and OPay argued that future banking success relies on making core financial infrastructure seamless and invisible.

AfroTech Horizon Newsroom 2 min read