👨🏿🚀TechCabal Daily – Shoprite, pay right
Summary
TechCabal Daily covers several business and tech developments across Africa. MTN Nigeria added millions of subscribers, but revenue per customer fell as pricing gains faded and data became its main growth lever. WIOCC raised $300 million to expand its data centres, fibre network, and subsea cable assets. Shoprite acquired a majority stake in R&A Cellular to deepen its payments and point-of-sale capabilities in South Africa’s informal retail market. Kenya also linked eTIMS to IFMIS, making tax invoice validation part of the government payment process.
AskAI Classifications
Sectors
Fintech, Banking and Payments
Retail and Commerce
General Fintech
Functions
Developer and IT Infrastructure
Development Platforms
Linked Companies
R&A Cellular
$1M to $5M
Allawee
$1M to $5M