The bank said the recurring investment will make transactions easier and support its push into digital banking, even as competition intensifies and customer expectations shift away from branches.
techcabal.com/2026/04/22/abs…
Absa Bank Kenya will spend up to KES 3 billion ($23.2 million) a year on technology to deepen its digital strategy, according to a Business Daily report, as the lender seeks to move more customer activity to mobile and other self-service channels.
techcabal.com/2026/04/22/abs…
M-TIBA, a mobile health platform run by Kenya-based healthtech startup CarePay, is shutting down its My Health Funds (MHF) wallet that lets customers set aside money specifically for healthcare.
On April 8, users began receiving refunds directly into their M-PESA wallets without initiating withdrawals, indicating payouts are already underway. Five M-TIBA users confirmed to TechCabal that they had received the funds.
techcabal.com/2026/04/22/ken…
The decision marks a shift in M-TIBA’s model, from a consumer health savings wallet to an insurance management platform. The move, however, leaves users who depended on the service to set aside small amounts for care without a clear alternative for planning or paying for treatment.
CarePay declined to comment for this story.
PARTNER: 10th Edition
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Join founders, investors, and global partners shaping the future of the African tech ecosystem.
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Editor’s Note:
This video misstated a World Health Organisation (WHO) benchmark. The figure of at least 2.5 medical staff (including physicians, nurses, and midwives) per 1,000 people refers to the minimum threshold required to achieve adequate primary healthcare coverage. It does not represent a doctor-to-patient ratio. We regret the error.
Tech is bridging the doctor-patient gap in Chad with Telemedan, a solar-powered medical kiosk that connects people in rural provinces to doctors, while enabling real-time diagnostics during consultations. A patient can walk in, book an appointment, and connect with a doctor via video, with on-site tools and support to guide the session.
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👨🏿🚀 TC Daily — Kenya freezes Binance wallets
Binance, the global crypto exchange, has frozen accounts of users in Kenya after a request from authorities over suspected illicit flows.
Read more on today's newsletter 👉
techcabal.com/2026/04/22/tec…
The new rules are contained in a March 2026 Financial Consumer Protection Framework draft backed by the Central Bank of Kenya, the Capital Markets Authority (CMA) and the Communications Authority of Kenya (CA), and would apply across banks, fintechs and mobile money providers.
Kenyan regulators will now require lenders to prove borrowers can repay before issuing loans, a major shift in a market defined by instant loan approvals through mobile apps and automated scoring systems.
Afrisends ìs pitching that if businesses can access reliable suppliers and move goods efficiently across borders, trade doesn’t just improve, it multiplies.
Read more on today's edition of Francophone Weekly: techcabal.com/2026/04/21/fra…
Afrisends is building in this gap by handling the full chain: finding suppliers abroad to manage freight, customs, and last-mile delivery.
Instead of acting as a transporter, it positions itself as a sourcing and logistics operator.
In Francophone West Africa, commerce doesn’t just struggle with payments or access.
Even when people can buy what they need, getting those goods across borders is a different challenge entirely.
PARTNER: Nigeria’s fintech growth is often linked to the systems built by the CBN.
That’s only part of the story.
Some of the biggest shifts came from what the CBN enabled.
Agent banking turned kiosks, market stalls, and petrol stations into extensions of the banking system, pushing financial services closer to everyday life.
At the same time, policy changes reshaped how money moves into the country, redirecting billions in inflows.
This instalment breaks down both, and what they mean for access at the last mile.
Read more: techcabal.com/2026/04/10/how…
Nigeria’s Central Bank and the Nigerian Communications Commission signed a formal agreement on Monday that gives banks real-time access to telecom data, a move designed to close one of the most exploited gaps in the country’s digital payments system.
techcabal.com/2026/04/21/new…
At the centre of the Memorandum of Understanding is a data-sharing called the Telecom Identity Risk Management System (TIRMS), which will allow financial institutions to check whether a mobile number linked to a transaction has been recently swapped, recycled, flagged for suspicious activity, or gone inactive, before a payment clears.
Kenya’s Directorate of Criminal Investigations (DCI) has frozen an undisclosed number of Binance user accounts, in what officials describe as a widening crackdown on crypto-linked fraud and money laundering, according to senior criminal investigators familiar with the operation who spoke to TechCabal on Monday.
techcabal.com/2026/04/21/why…
The move followed complaints on social media on Monday from users who claimed they had been locked out of their accounts with little explanation from Binance.
A section claimed they are unable to access funds tied up in peer-to-peer (P2P) trades—the channel through which most local retail users convert their crypto holdings into cash—alleging frustration and raising questions about transparency during enforcement actions.