Happy weekend! What’s the latest buzz? 
If you haven’t heard yet, Moonshot by TechCabal is set for October 15-16, 2025. I’m particularly eager to hear from Femi Aluko, the visionary behind Chowdeck, who will share insights on scaling a thriving food delivery business across Nigeria and Ghana. Also on the roster is David Adeleke, founder of Communiqué, who will discuss the evolving landscape of Africa’s creator economy. I hope to see many of you there-it promises to be an unforgettable event!
You know what to do: grab your tickets now.
– Ife
Rapid Fire with Ayodeji Fasore- South Africa’s passion for automobiles
- The relentless iPhone hustle
- Who landed the big deals?
- Exploring the World Wide Web 3
- Current job vacancies
Features
Rapid Fire with Ayodeji Fasore
Ayodeji “Deji Fash” Fasore is the visionary Founder & CEO of Fekxir, a consultancy and SaaS platform specializing in global mobility solutions. After successfully obtaining his UK Global Talent Visa via the Tech Nation pathway, he created Fekxir to streamline this complex process for others, leveraging AI-driven evaluations, expert advice, and comprehensive support across more than 30 countries.
Deji’s extensive experience in product leadership roles at Qore, Africa Prudential, Interswitch, and KPMG has equipped him to dismantle barriers and open doors for professionals seeking international opportunities.
- How would you describe your role to a child?
I assist talented individuals in obtaining a special “golden ticket” that allows them to live and work anywhere globally. My team ensures this journey is straightforward, secure, and exciting-much like preparing for a grand adventure.
- What motivated you to launch Fekxir?
During my own visa application, I encountered numerous hurdles-confusing procedures, high costs, and feelings of isolation. Many gifted people abandon their dreams due to these obstacles rather than lack of talent. I founded Fekxir to eliminate uncertainty and make global mobility accessible, especially for professionals from underrepresented regions.
- How has your background in product leadership influenced your work in global talent mobility?
My product leadership roles involved identifying challenges, crafting solutions, and uniting diverse teams to deliver impactful results. This blend of empathy, strategic thinking, and execution is essential in navigating the complexities of global mobility.
Beyond technology, I’m passionate about nurturing talent through mentorship, webinars, and community engagement. At Fekxir, this translates into building a platform that not only processes visas but empowers users with tools, strategies, and confidence to seize international opportunities.
- What is a common myth about Global Talent Visas?
Many believe these visas are reserved solely for tech prodigies. In reality, they cover a broad spectrum including academia, arts, fashion, film, and more. If your work is impactful and demonstrable, you might be eligible.
- Can you share a memorable success story from Fekxir?
One client, initially denied endorsement, persevered with our appeal guidance and was ultimately approved. Today, he not only works in the UK but also serves as Fekxir’s Chief Product Officer, helping others realize their dreams.
- What’s something you enjoy but aren’t skilled at? And something you excel at but don’t enjoy?
I love singing-especially in the shower-but I’m far from winning any talent shows.
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Mobility
South Africa’s Determined Push in the Automotive Sector
South Africa is intensifying its focus on the automotive industry, aiming to become a leading hub for vehicle manufacturing and innovation on the continent. The government and private sector are collaborating to boost local production, attract foreign investment, and develop cutting-edge technologies that cater to both domestic and export markets.
Much like how Brazil transformed its aerospace sector into a global powerhouse, South Africa is leveraging its skilled workforce and strategic location to accelerate growth in automotive manufacturing. This initiative is expected to create thousands of jobs and position the country as a key player in Africa’s industrial landscape.
South Africa’s president, Cyril Ramaphosa.
Reflecting on South Africa’s ambitions in the automotive industry, it’s clear the nation is assertive and strategic in pursuing its goals.
Latest update: The South African government recently announced ongoing discussions with Chinese automobile manufacturers, encouraging them to establish local assembly and production facilities within the country.
This proactive approach appears to be yielding results. According to TechCentral, at least one automaker has expressed interest in launching operations in either East London or Port Elizabeth.
Context: In the current quarter, multiple Chinese automotive brands, including Chery, Stellantis, Xiaomi, and Toyota, have unveiled plans to introduce flagship manufacturing plants, particularly focusing on electric vehicles (EVs), targeting a significant milestone in 2026.
Market dynamics: Vehicle imports into South Africa have been steadily increasing, with over 304,000 cars imported in 2024 alone, reversing the downward trend observed between 2022 and 2023. Unlike other major African markets such as Nigeria or Kenya, where consumers predominantly purchase used foreign vehicles, South Africa aims to develop a more robust domestic automotive industry.
Strategic vision: South Africa is not content with merely importing cars; it aspires to become a manufacturing hub. Leveraging its advanced infrastructure, the country seeks to attract major automakers, thereby boosting tax revenues and creating employment opportunities. By 2024, nearly half of the vehicles on South African roads were either imported from China or assembled locally, underscoring the market’s potential and the government’s efforts to deepen industry commitments.
The question remains: has South Africa adequately prepared the necessary logistics, such as transportation networks and skilled workforce, to support this ambitious industrial expansion?
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Features
How many months of work does it take to buy the new iPhone 17? 
Image Source: Google
How many months of your earnings would you need to claim ownership of the iPhone 17? The device was unveiled recently, and we’ve calculated the affordability timeline for Nigerians. The results differ significantly when compared to South Africans, Egyptians, and Kenyans.
Current scenario: Pre-orders for the iPhone 17 have just opened. For a Nigerian earning minimum wage, it would take approximately 17 months to afford the phone-quite literally, 17 months for the iPhone 17.
In contrast, a minimum wage worker in Kenya would need about 8 months, nearly half the Nigerian timeframe. Egyptians would require 7 months, while South Africans could purchase the device in under 3 months.
Why is this important? These figures assume all income is dedicated solely to buying the phone, which is unrealistic given living expenses. The disparity in wages across these countries influences how accessible premium technology is. Nigeria’s workforce faces the longest wait, while South Africans benefit from shorter timelines, highlighting the economic divide in tech affordability.
South Africa’s advantage is further supported by the availability of official Apple stores, trade-in programs, and financing options, simplifying the upgrade process. How long would it take you to own the iPhone 17?
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Insights
Funding Tracker
Image Source: Stephen Agwaibor for TechCabal Insights
This week, Intella, an AI-driven speech technology startup based in Egypt, successfully closed a $12.5 million Series A funding round, led by Prosus and supported by investors including 500 Global, Wa’ed Ventures, and HearstLab. (Sep 10)
Additional notable investments this week include:
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Kenya’s SunCulture secured $5 million from WaterEquity to expand its solar-powered irrigation pumps. (Sep 9)
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South African BNPL fintech Float raised $2.6 million (R46 million) in a round co-led by Invenfin and SAAD Investment Holdings, with participation from Platform Investment Partners and Lighthouse Ventures Partners. (Sep 10)
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Moroccan recruitment platform Jobzyn obtained undisclosed funding from Janngo Capital. (Sep 11)
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Tunisian AI sales startup Addvocate.AI received an undisclosed investment from 216 Capital. (Sep 10)
Stay connected with us on Twitter, Instagram, and LinkedIn for the latest funding news. Before you leave, explore our feature on Can Nigeria’s data centers drive Africa’s AI revolution? Find out here.
CRYPTO TRACKER
Exploring the Expanding Web3 Universe
Data Source:
|
Cryptocurrency |
Latest Price |
24-Hour Change |
Monthly Change |
|---|---|---|---|
 Bitcoin |
$115,440 |
+1.14% |
−3.21% |
| Ethereum |
$4,525 |
+2.65% |
−2.80% |
| Linea |
$0.02439 |
−23.78% |
−23.78% |
| Solana |
$238.76 |
+7.01% |
+20.64% |
* Figures accurate as of 06:15 AM WAT, September 12, 2025.
Career Opportunities
- GiveDirectly – Lead Software Engineer – Lagos, Nigeria
- Mainstack – Business Development Representative, CEO’s Executive Assistant – Hybrid (Lagos, Nigeria)
- Moment – Product Lead – Lagos, Nigeria
- Archer Digital – Content and Social Media Strategist – Nairobi, Kenya
Discover additional openings on TechCabal’s job portal. To share your vacancies, please submit them via bit.ly/tcxjobs.
Authors: Emmanuel Nwosu, Eme Agbor, Stephen Agwaibor
Editor: Ganiu Oloruntade
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