👨🏿‍🚀TechCabal Daily – The moonshot bets in Africa

🚀 TechCabal Daily – Africa’s Boldest Moonshot Bets That Could Change the Future


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Hello there. ☀

The first day of Moonshot delivered exactly the excitement we anticipated. The atmosphere was charged with inspiring keynote speeches, impromptu networking, and discussions that challenged the boundaries of African technological progress. A highlight for me was witnessing two startup founders, strangers until that moment, forge a partnership on-site-demonstrating that Moonshot is a catalyst for genuine collaboration, not just dialogue.

Looking ahead to tomorrow, we anticipate deep dives into startup financing, groundbreaking ideas emerging from the ecosystem, evolving tech policies influencing payment interoperability, and how innovators are transforming obstacles into prospects. Day two promises to sustain this dynamic energy.

-Emmanuel

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today's edition image
  • Insights from Sakhile on Moonshot Day 1
  • Tayo’s perspective on Moonshot Day 1
  • Canal+ plans to unify Showmax and DStv
  • Exploring the World Wide Web 3
  • Upcoming Events

Moonshot

Sakhile’s Take on Moonshot Day 1

Akeem Lawal, Interswitch Purepay Managing Director / Image Credit: TechCabal

Attending Moonshot by TechCabal as a journalist from Southern Africa felt like stepping into a visionary space crafted by Africans for the continent’s future. The uniqueness wasn’t just in the venue but in the people-innovators, dreamers, and believers passionately envisioning Africa’s potential. The energy was contagious, and the dialogues were rich with foresight.

Akeem Lawal, who leads payment processing and switching at Interswitch Purepay, kicked off the event with a keynote that reshaped my understanding. While capital is often seen as the engine of growth, he emphasized that trust forms the bedrock of sustainable progress.

“Building infrastructure fosters a network of partnerships,” he explained. Africa’s transformative leap will be homegrown, driven by African-led innovations, strategic investments, and unlocking vast domestic capital reserves.

The creative industry sessions were vibrant, covering gaming, film, and digital narratives-a sector worth billions but still striving for sustainability. Odile Limpach and Eyram Tawia passionately highlighted the essentials for longevity in the creative economy: visionary leadership, adaptability, and substantial investment in talent and infrastructure. For Africa to compete globally, creativity must be recognized as a formidable economic pillar.

What resonated most was the collective commitment of founders, investors, artists, and engineers dedicated to Africa’s growth. The atmosphere was a blend of urgency and hope. Indeed, Africa is gaining unstoppable momentum.

If you couldn’t attend Moonshot, don’t worry-you can explore all the session highlights here.



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Moonshot

Tayo’s Reflection on Moonshot Day 1

Moonshot event image
Image Credit: TechCabal

Today, I found myself persuading speakers to join our podcast sessions-far from the smooth start I envisioned for my first Moonshot event. Thankfully, most agreed, with only one no-show. Understandably, speaking engagements can be daunting.

Amid nearly 20,000 steps, I immersed myself in the event’s pulse. Booths buzzed with activity, corridors teemed with creators and attendees in their element. Phone cameras have become ubiquitous at public gatherings, so that’s no longer surprising.

What caught my attention was the packed auditoriums I passed-more so than the bustling hallways. Attendees were genuinely engaged with the speakers, a refreshing contrast to typical tech events where many come for freebies, networking cards, or even fashion statements. Or perhaps everyone was determined to maximize their ticket’s value.

Events serve many roles, but at their best, they are incubators for ideas. Presenters share insights, audiences absorb knowledge, and new perspectives emerge. From what I observed, Moonshot largely succeeded in this today, despite minor hiccups.



Paga Launches in the United States

Exciting update! Paga has expanded its digital banking services to the U.S., catering to Africa’s diaspora. Qualified users can now send money, make payments, and bank in both US Dollars and Naira securely, with full regulatory compliance and no borders. Discover more.

Streaming

Canal+ Plans to Combine Showmax and DStv into a Single Platform to Rival Global Competitors

Image Credit: Canal+

Canal+, the new majority owner of MultiChoice, is developing an all-in-one “super app” that will integrate content from DStv and Showmax. The platform will also feature programming from other streaming giants like Netflix, Apple TV+, HBO Max, and Paramount+. Maxime Saada, CEO of Canal+ Group, aims to simplify access for their 40 million subscribers across 70 countries, eliminating the hassle of juggling multiple apps and subscriptions.

Current status: Canal+ now owns 94% of MultiChoice after a R125 ($7) per share offer to shareholders. The challenge ahead is merging Canal+’s French streaming services with DStv Stream and deciding the future of Showmax, which, after a R4 billion relaunch, ranks as Africa’s third-largest streaming platform.

Why it matters: For African consumers tired of subscribing separately to DStv, Netflix, and others, this could mean bundled pricing and unified access to everything from Premier League football to international series. For Canal+, it’s a strategic move to compete with Netflix and Amazon’s growing African presence by offering unmatched convenience and local content. However, it remains to be seen how willing other platforms will be to collaborate on this new venture.

Broader perspective: Should Canal+ succeed, it could redefine Africa’s streaming landscape by creating a dominant content aggregator. The impact on subscription costs-whether they rise or fall-remains uncertain, so we’ll be watching closely to see if Saada’s vision materializes.



Stay Updated with Paystack

Subscribe to Paystack for curated updates on products, insights, event invitations, and more. Subscribe here →

CRYPTO TRACKER

The World Wide Web3

Source:

CoinMarketCap logo

Coin Name

Current Value

Day

Month

Bitcoin $110,820

– 1.40%

– 4.27%

Ether $3,991

– 2.79%

– 11.78%

Roam $0.05946

+ 4.63%

– 49.57%

Solana $192.49

– 5.79%

– 18.62%

* Data accurate as of 06:25 AM WAT, October 16, 2025.



PalmPay: Revolutionizing Banking for Nigerians

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Events

  • Building on the success of 2024, Growth Padi proudly announces Growth Africa Summit 2025 (GAS 2.0) themed “Reimagining the Growth Blueprint.” In a rapidly shifting entrepreneurial environment, this summit will challenge conventional tactics and introduce innovative, resilient growth strategies tailored for African enterprises. Register by November 1.
  • Have a compelling startup story? My Startup in 60 Seconds is TechCabal’s quick spotlight for founders to share their journey-from vision to milestones. It’s a chance to gain exposure to investors, customers, and the broader African tech community. Apply to be featured or explore other advertorial options. Note: This is a paid feature.
  • Countdown to Moonshot 2025: Africa’s premier gathering of innovators returns October 15 & 16, 2025. From founders to policymakers, all shaping the continent’s future will convene. Reserve your place now.
  • AI enthusiasts, don’t miss Africa’s top all-expenses-paid AI and Data Science bootcamp this October, hosted by Data Science Nigeria (DSN). The AI Bootcamp 2025 runs October 20-25 at the University of Lagos, uniting learners from 36 states and 13 countries for hands-on training and mentorship under the theme “AI for Everyone: Democratizing Intelligence and Driving Impact.” Join free city classes to qualify. Register here.

Written by: Sakhile Dube, Temitayo Jaiyeola, and Ifeoluwa Aigbiniode

Edited by: Ganiu Oloruntade

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