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- Indexed articles, last 90 days
- 21
- Latest publication
- Sep 15, 2026
- Outlet visibility, for TechCabal
- Top 500K sites
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- Jul 9, 2026
Latest articles
Madica invests $200,000 in five African startups, enters Algeria and Cameroon | TechCabal (opens the original)
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Madica, an Africa-focused pre-seed investment programme, has invested $200,000 each in five new African startups, including its first bets in Algeria and Cameroon, two markets that rarely appear in the continent’s funding announcements. Each company also joins an 18-month programme that adds mentorship, executive coaching, funded immersion trips, and access to Madica’s investor network, the firm said. The five deals take Madica’s portfolio to 18 companies across 10 markets since it launched in 2
Inside Madica’s $200,000 early-stage venture strategy (opens the original)
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Emmanuel Adegboye, head of Madica, has spent three years making a bet that is unusual even by African standards. Madica, an Africa-focused investment programme launched by global venture firm Flourish Ventures, writes $200,000 cheques and has backed over a dozen startups on a thesis most African investors do not follow: some of the best early-stage companies on the continent are in markets nobody is watching. As head of Madica, Adegboye has deployed capital into 10 African markets. He argues tha
Shuttlers launches Pod to offer shared door-to-door rides in Lagos (opens the original)
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What most Shuttlers customers probably do not know is that the company’s earliest riders did not walk to a bus stop. When Shuttlers launched, it offered a door-to-door service before switching to the bus-stop-to-bus-stop model that Lagos commuters know today. “We started with ‘doorstep to doorstep’, then moved to ‘bus stop to bus stop’, because it was difficult for us to coordinate without technology,” Damilola Olokesusi, Shuttlers’ co-founder and chief executive, told TechCabal in a video inter
Uber came to Africa with a new model. Africa rewrote it. (opens the original)
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In January 2016, Uber ran what the ride-hailing company called a cash experiment in Lagos where riders could pay drivers in naira notes. Lagos was the third African city to try it, after Nairobi and Cairo, and Nairobi had been only the second city anywhere in the world to test cash on the platform. Uber’s then Sub-Saharan Africa general manager, Alon Lits, told Quartz at the time that Nairobi’s business tripled during the pilot and that African innovations had shaped the company’s global operati
Dakar healthtech Tanel acquired by French insurance unicorn Alan (opens the original)
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Alan, the French health insurance company, has acquired Tanel, a Dakar-based digital health startup operating in Senegal and Côte d’Ivoire, for an undisclosed amount that marks its first move into Africa. The transaction closed in June and gives Ventures Platform, AAIC Investment, and a group of angel investors a full exit and breaks almost every pattern the African exit market has recently shown. The deal reinforces that African startups can be built for global acquisition: Tanel sold to an inv
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