Hey hey, Darius here 👋🏼
Last week, Claude picked up a humbler job in Lagos: ordering your shawarma, thanks to the newly launched Paystack Index.
Thankfully, it's only available in Nigeria (for now), so you might need to reply to this email if you want to know what an AI-ordered food tastes like.
Let’s dive into today’s roundup!

Tech Roundup
Credable has rebranded to _able. As it expands beyond credit scoring into the infrastructure powering lending, savings, and other financial products across Africa. It has facilitated more than $650 million in loans.

The _able team. Image Source: _able
Paystack has launched Paystack Index, an experimental checkout product that lets AI agents like ChatGPT and Claude complete purchases for Nigerian consumers. It currently supports services including airtime, food delivery, and money transfers.
Revolut is eyeing a South African launch by 2028, with nearly 100,000 people already on its local waitlist. The UK fintech is banking on the country's appetite for digital banking to justify its long-awaited African debut.
Yellow Card has secured regulatory approval in Switzerland, giving the African crypto company a foothold in one of the world's leading digital asset hubs. This licence strengthens its push to expand stablecoin-powered cross-border payments globally.

CEO Yellow Card Chris Maurice, and CTO Justin Poiroux. Image Source: Yellow Card.
Monzo customers in the UK can now send money directly to bank accounts in Nigeria through a partnership with Wise. Enabling it to tap into one of Africa's largest remittance corridors without requiring a separate money transfer app.
Sub-Saharan Africa is expected to be the world's fastest-growing 5G region, with subscriptions projected to reach 370 million by 2031. Fueling this growth is expanding operator coverage and accelerating smartphone adoption.
Babacar Seck, founder of Askya Investment Partners and backer of Moniepoint, Jumia, and GOMYCODE, thinks Africa's startup ecosystem is optimising for the wrong thing. In a recent TechCabal Francophone Weekly edition, he makes the case that exits shouldn't be the measure of success, and what founders and investors should be doing instead to build lasting value.

Deal Roundup
East African healthtech startup EdenCare has secured a €250,000 (about $290,000) investment from Proparco to expand its digital health insurance platform across Kenya and Rwanda.
Daya raised $2.4 million in pre-seed funding to build payment infrastructure that helps businesses across emerging markets move money faster using stablecoins. The round was led by Hivemind Capital, with participation from Lattice, Alliance, Globelink, and Aptos Foundation.

Daya co-founders Aleph Lasebikan and Paul Joe. Image Credits: BitKE
Stabyl has emerged from stealth with a $2.7 million pre-seed round to tackle one of Africa's biggest business headaches: moving money across currencies. The company is building a stablecoin-powered FX infrastructure for businesses operating across the continent.
Spiro secured another $55 million from NewTrails Capital, just three weeks after announcing a record $215 million equity round, bringing its latest raise to $270 million and total disclosed funding to about $557 million.

Events
The Nigeria Fintech Forum 2026 returns to Lagos on July 30, convening founders, financial institutions, investors, and regulators to explore what's next for fintech, payments, and banking. More than 1,700 industry professionals are expected to attend.
Borderless Experience 2026 convenes fintech founders, operators, investors, and ecosystem leaders in Lagos on August 21 for a deep dive into the future of cross-border payments, commerce, and financial infrastructure in Africa. Register your interest here.

Opportunities
Paystack has launched a new small business programme offering entrepreneurs access to training, mentorship, discounts, and business tools. Eligible Nigerian businesses can unlock up to ₦4 million ($2,900) in savings through partner offers spanning bookkeeping, logistics, design, and other business services.
Accelerate Africa is writing some unusually founder-friendly checks. The programme is investing $250,000–$500,000 in early-stage African startups, with no application fees and no upfront equity commitments required. Applications close July 25.
Applications are open for the MEST AI Startup Program Class of 2027, a 12-month venture-building program designed to help aspiring African entrepreneurs turn AI ideas into scalable startups. Application closes July 20.
The 2026 Call for Code Global Challenge is inviting developers across 190+ countries to build anti-trafficking tools, with winning teams earning mentorship, global recognition, and access to a six-month incubator. The challenge closes July 9, more details here.

Post of the Week

💼 Jobs of the Week
Talent Safari is our trusted hiring service, helping innovative companies across Africa find high-quality, vetted mid-level talent for their teams.
Each week, we will feature some of the most exciting jobs from Talent Safari in this newsletter.
Imara Talent Global - Managing Director - Accra (On-site)
Craydel - Operations and Execution Partner to the Founders - Nairobi (On-site)
Mogo - Head of Operations (Device Financing) - Dar es Salaam (On-site)
Mogo - Head of Sales (Device Financing) - Dar es Salaam (On-site)
Leading pan-African EdTech Firm - Financial Controller - Nairobi (On-site)
AltSchool Africa - General Manager, Africa - Lagos, Nairobi (Hybrid)
StrongMinds - Global Solutions Architect - Uganda; Ethiopia; Kenya; Rwanda; Zambia (Remote)
Fixa - Chief Technology Officer - Africa (Remote)
Advance Insight - Sr Odoo Consultant, Solution Architect - Nairobi (Hybrid)
Are you a leader who wants to find great talent for your team with Talent Safari? Get in touch:

And that's a wrap!
That’s it for this week. See you on Wednesday!
Cheers,
The Tech Safari Team
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