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news ng en-gb

Nigeria’s oil production: We must do more

Nigeria’s slow rebound in crude oil production to around 1.66 million barrels per day is good news, but it should not be treated as a major victory. After years...

Vanguard Nigeria Emmanuel Okogba 3 weeks ago Editorial
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technology en-us

SandboxAQ brings its drug discovery models to Claude — no PhD in computing required

Other venture-backed companies like Chai Discovery and Isomorphic Labs have raced to build better models. SandboxAQ is betting that the bigger obstacle is acces...

TechCrunch Lucas Ropek 3 weeks ago AI Anthropic
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technology ng en-us

As DFI money dries up, AFC is doubling down on African VC with $100 million

For nearly two decades, Africa Finance Corporation (AFC) wrote cheques for bridges, ports, mines, and subsea cables. Now, the $19 billion Africa-focused develop...

TechCabal — African Tech Muktar Oladunmade 3 weeks ago Ask An Investor AFC
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technology ng en-us

Showmax is gone. MultiChoice’s future is now premium streaming and payments

This is Follow the Money, our weekly series that unpacks the earnings, business, and scaling strategies of African fintechs, financial institutions, companies,...

TechCabal — African Tech Opeyemi Kareem 3 weeks ago Follow the Money Africa
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news ng en-gb

Fuel subsidy savings insufficient for Nigeria’s annual infrastructure deficit – IMPI

By Joseph Erunke, Abuja The Independent Media and Policy Initiative, IMPI, is of the view that funds saved from the removal of fuel subsidy annually are not eno...

Vanguard Nigeria Emmanuel Okogba 3 weeks ago News fuel subsidy
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technology ng en-us

AFC enters African VC with $40 million backing for Future Africa, Lightrock

Africa Finance Corporation, the development bank with over $19 billion in total assets, has committed $40 million to Future Africa, an early-stage venture capit...

TechCabal — African Tech Muktar Oladunmade 3 weeks ago Exclusive AFC
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technology ng en-us

👨🏿‍🚀TechCabal Daily – GoTyme employees to receive stocks

In partnership with Lire en Français اقرأ هذا باللغة العربية Good morning. Nigeria’s healthtech sector is built on a paradox: post-pandemic startup growth...

TechCabal — African Tech Emmanuel Nwosu 3 weeks ago Newsletters TC Daily
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technology en-us

Honda shows off new hybrids for America as it absorbs $9 billion EV loss

After US government policies wrecked the country's electric vehicle market, automakers have been scrambling to adapt. The loss of federal clean vehicle tax ince...

Ars Technica Jonathan M. Gitlin 4 weeks ago Cars EV adoption
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technology en-us

Casimir force co-opted to generate free energy, midichlorians not included

This week, a company called Casimir Inc. emerged from “stealth mode” to announce that it had raised significant funding from venture capitalists willing to roll...

Ars Technica Chris Lee 4 weeks ago Science Casimir effect
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technology ng en-us

Trazo built a food delivery business in smaller cities. Now it wants to enter Lagos.

In 2019, Ikechukwu Nweze was trying to solve a problem in Asaba, in southern Nigeria, where he was based: ordering food online was difficult. At the time, most...

TechCabal — African Tech Emmanuel Nwosu 4 weeks ago Food Delivery Hizo
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