Twiga Foods creates holding company, cuts over 300 jobs in major restructuring push
Twiga Foods, one of Kenya’s most funded e-commerce startups, has created a new holding company, referred to internally as “newco”, as part of a broader restructuring effort that will consolidate its recent acquisitions and streamline operations. The move, which comes in the wake of Twiga’s takeover of three Kenyan FMCG distributors, led to job cuts affecting over 300 employees as the company pivots to an asset-light model to cut costs. While Twiga described the plan as “a routine corporate realignment,” an internal document reviewed by TechCabal suggested a more significant operational overhaul, including the transfer of a core team into the new entity and potential consolidation of key functions. The restructuring plan first surfaced in an internal document labelled Project Easter, first reported by Techish Kenya, a Kenyan tech media publication. The document outlined the formation of a newco to oversee logistics, procurement, and technology across Twiga and its subsidiaries. Though the company has not denied the document’s content, which TechCabal reviewed, it downplayed its importance, calling it part of “standard planning work” for a multi-entity business. Twiga declined to comment on whether the newco had been formally registered and whether it would function as a holding company or manage shared services. It also declined to disclose how much capital its key investors, Juven and Creadev, have injected into the company as part of the restructuring or whether the funding was structured as equity or another instrument. “The internal references to a ‘newco’ reflect strategic efforts to align the group structure with operational needs,” a Twiga spokesperson told TechCabal. However, the details of the internal document go deeper, including a proposal to move a small central team of 10–12 employees into the new entity and centralising shared services such as tech, procurement, supply chain, and finance, across all four businesses. Of Twiga’s 435 staff, 319 were marked as “leaving,” with the largest cuts hitting the supply chain department, where 267 roles were laid off. Just 83 office or distribution centre staff and 33 field staff were expected to remain. A note beside 18 retained employees indicated they are “likely to be fully transferred to Jump,” believed to be a codename for newco. This number could drop to 10–12. Twiga declined to disclose the number of employees laid off, but the document suggests more than 300 roles have been cut as part of the restructuring. Redundancies were possible as overlapping roles were merged. In an email to TechCabal, Twiga disputed the headcount figure as not indicative of the “final scope” but did not challenge the broader restructuring plan. “All workforce-related adjustments have been carried out in full compliance with our HR policies and Kenyan labour laws, and are equally guided by best-practice standards,” Twiga told TechCabal. The startup laid off 59 employees in August 2024. The consolidation could be seen as a move to improve operations since managing four separate companies creates inefficiencies, likely in logistics. A unified structure could make Twiga more attractive to investors, a pressing concern since its last major funding round, a $35 million convertible note in 2023. Twiga’s push for efficiency doesn’t stop at corporate restructuring since the firm is also reconsidering its physical footprint, including a potential move from its Tatu City logistics hub to cheaper, more centralised locations near Nairobi. The changes show Twiga’s broader pivot toward growth after years of struggling to digitise how food is distributed from producers in rural Kenya to resellers in local towns and cities. Twiga insists these changes are about sustainability and profitability, but the need for a new holding structure suggests its previous model wasn’t built to manage a multi-entity operation.
Read MoreMongoDB eyes Africa’s $100 billion digital opportunity, starting with Nigeria
MongoDB, a global database management systems provider, is officially entering the African market, starting with Nigeria, as it looks to tap into the continent’s projected $100 billion digital economy. This move is anchored by a strategic partnership with Tier 5 Technologies, a West African enterprise IT and cloud services provider, and marks MongoDB’s first physical presence on the continent. The company is betting on Nigeria’s fast-growing tech sector to serve as a launchpad for wider African expansion. Founded in 2007, MongoDB began as a NoSQL alternative to traditional relational databases, offering developers a more flexible and scalable way to manage unstructured data. Over time, it has evolved into a full-scale developer data platform used by over 52,000 customers in more than 100 countries, including major institutions like JP Morgan and Coinbase. Its flagship product, MongoDB Atlas, is a cloud-native database designed for modern applications across fintech, e-commerce, AI, and more. The choice of Nigeria as the company’s entry point into Africa is no coincidence. As the continent’s most populous country and a leading innovation hub, Nigeria boasts a $10 billion tech industry, a digitally progressive banking sector, and one of Africa’s largest developer communities. Despite economic challenges, the country continues to attract international investment and produce globally recognised startups. Tier 5 Technologies, which has offices in Lagos, Abuja, Kigali, Nairobi, and Accra, will serve as MongoDB’s primary implementation and support partner in West Africa. The firm works across key sectors including finance, telecommunications, and government. According to Tier 5’s Director of Sales, Afolabi Bolaji, the MongoDB partnership is strategic and future-focused. “This isn’t just a reseller deal,” Bolaji said at the official launch event in Lagos on Thursday. “We’ve made significant investments in MongoDB because we believe it will underpin the next generation of African innovation. Many of our customers—from nimble fintechs to established banks—already rely on it. Now, they’ll have access to enterprise-grade features, local support, and global expertise.” MongoDB’s product suite includes three core offerings: the open-source Community edition, the Enterprise edition (designed for large-scale deployments with enhanced security), and MongoDB Atlas, its fully managed cloud database available across AWS, Google Cloud, and Microsoft Azure. The Atlas product is especially relevant in Africa, where cloud adoption is rising, and traditional IT infrastructure remains a challenge. By delivering scalable, low-latency databases via the cloud, MongoDB aims to bypass infrastructure limitations and empower developers to build world-class applications—whether in Lagos or Nairobi. Mahmoud Thakeb, MongoDB’s Regional Head for Africa, described the expansion into Nigeria as a “crucial moment” for the company. “We’ve supported banks, startups, and telcos from afar, but we knew a deeper commitment was needed,” he said. “Nigeria has the scale, talent, and ambition that aligns with our mission. This isn’t just about selling a product—it’s about building an ecosystem.” Thakeb added that MongoDB’s goal is to democratise access to cutting-edge technology. “We’re not saying throw out SQL or legacy systems overnight. We’re saying developers in Africa should have the same tools and opportunities as developers in London or San Francisco.” MongoDB’s entry reflects a broader shift in how Africa is perceived by global technology leaders. No longer just a consumer market, the continent is being recognised as a source of innovation, technical talent, and enterprise demand. The company’s presence could help catalyse further investments in cloud infrastructure, data skills development, and digital transformation initiatives. With surging demand for solutions in fintech, logistics, AI, and edtech across the continent, MongoDB’s arrival is timely—and potentially transformative. By embedding itself in Nigeria’s digital ecosystem and backing it with Tier 5’s regional reach, MongoDB is signaling a long-term commitment to Africa’s tech future. And if the bet pays off, the company won’t just gain market share, it could help define how Africa builds its digital economy from the ground up.
Read MoreSouth Africa introduces new ICT policy to push for Starlink’s entry
South Africa’s Minister of Communications and Digital Technologies, Solly Malatsi, has announced a new policy direction in an effort to modernise the Broad-Based Black Economic Empowerment regulation in the ICT sector, a move that could bring Starlink in the country. Currently, South Africa’s ICT licensing regulations require that at least 30% of a company’s ownership is held by historically disadvantaged South Africans. While this rule is designed to promote economic inclusion, it has proven to be a significant barrier for international tech companies like Elon Musk’s Starlink, which do not typically sell local shares or cede equity to meet these requirements. Published today, South Africa’s draft ICT policy, now open for public feedback, introduces the concept of equity equivalent investment programmes (EEIPs) as an alternative route for multinational companies. Under this system, instead of selling shares to local partners, companies can invest directly in initiatives that support South Africa’s digital transformation goals. These initiatives could include funding local enterprise development, supporting digital inclusion projects, providing skills training, building digital infrastructure, or investing in small, medium, and micro enterprises (SMMEs). “Digital infrastructure and access to the internet open a world of opportunity — from applying for jobs and studying, to accessing government services or even starting a business,” Malatsi said. The policy is particularly significant for Starlink, which has previously cited South Africa’s local ownership requirements as a key reason for its absence in the market. Notably, negotiations to bring Starlink to South Africa did not progress during the much-anticipated Trump meeting, leaving its future in the country uncertain. With the new EEIP option, Starlink and similar companies could finally obtain the necessary licenses to operate, provided they invest in projects that benefit South Africa’s digital ecosystem. Once finalised, the policy will empower the Minister to direct the Independent Communications Authority of South Africa (ICASA) to update its regulations and align them with the new approach. The public has 30 days from the date of publication in the Government Gazette to submit feedback on the draft policy.
Read MoreNot every day is policy work: Some days the ground is fertile to plant grass
It’s a 6am Saturday, and the rhythmic sound of rain on leaves is my invitation to stay tucked in bed. But today, I remember a promise: to fill the patchy gaps in my lawn with grass seed. Lawn care isn’t usually my thing; I was gently coerced into seeing the “issue” at all, and I can’t help but laugh at myself in several languages. Still, as I look at the rain-soaked earth, I realize this is the perfect time. The ground is wet, the conditions are right, and if ever there was a moment to plant, it’s now. As I step outside, seeds in hand, I’m dialed into a conference call with a European policymaker and an ambitious African startup founder. Suddenly, my early morning gardening becomes more than a chore, it becomes a living analogy for the journey of an entrepreneurial venture in Africa. The parallels are everywhere: the seed is the idea, the soil is the enabling environment, and the water is the financing that helps both seed and soil flourish. Every thriving lawn starts with a single seed, just as every successful business begins with an idea. In Africa, there’s no shortage of innovative thinkers, youthful energy, creativity, and entrepreneurial spirit abound. But an idea alone, no matter how brilliant, is only the beginning, like a grass seed, it needs the right conditions to germinate and grow. Here’s where the analogy gets real. You can have the best seeds in the world, but if you scatter them on dry, compacted earth, they won’t take root. In the business world, the “soil” is the policy and regulatory environment, the infrastructure, the networks, and the support systems surrounding entrepreneurs. Too often, investment in Africa is laser-focused on the seed (the idea) without much thought to the land it’s meant to grow in. If the soil is rocky, full of barriers, or lacking nutrients, even the most promising business ventures will struggle. This is why creating an enabling environment is not just nice to have, it’s essential. Good policy is what breaks up the hard ground, removes the stones, and adds the nutrients that allow ideas to take root and flourish. Of course, even the best-prepared soil and the healthiest seed need water. In the world of entrepreneurship, this is capital grants, investments, and catalytic funding that nourish both the idea and the environment around it. But here’s the catch: too often, funding in Africa is rigid, risk-averse, and leaves little room for experimentation. Yet, experimentation is the very essence of growth. Seeds need to branch out, adapt, and sometimes fail before they yield fruit. Current investment trends in Africa often miss the mark. There’s a rush to back the next big idea, but little attention is paid to the activities that enrich the soil. This imbalance is a key reason for the high failure rate among African startups. Without fertile ground and regular watering, even the most promising seeds will wither. Enter UNDP timbuktoo Africa: Cultivating the Whole Ecosystem This is where timbuktoo Africa comes in, an initiative designed not just to scatter seeds, but to cultivate an entire farm. Think of timbuktoo as the gardener who understands that a healthy lawn requires more than just planting. It’s about preparing the land, nurturing the seedlings, and watering constantly to ensure a lush, thriving result. Unipods: Capacity Building for Seedlings. The journey starts in the Unipods, timbuktoo’s answer to nurturing the seed. Here, entrepreneurs receive training, mentorship, experimentation space, and the foundational skills needed to grow. It’s the equivalent of starting seeds in a greenhouse-protected, supported, and given every chance to sprout strong roots. Hubs: Creating Fertile Land. Next, the seedlings are transplanted into the hubs, incubators, and accelerators that provide a fertile environment for growth. These hubs are more than just co-working spaces; they’re vibrant communities where entrepreneurs receive business support, access to networks, and the policy guidance they need to navigate regulatory landscapes. It’s here that the soil is truly enriched and the roots deepen. Catalytic Funds: The Water That Sustains Growth. Watering is not a one-time event. The Catalytic Funds, through the timbuktoo Innovation Foundation, will ensure that the most promising business ventures continue to receive the financial nourishment they need. These groups of funds are designed to be flexible and risk-tolerant, supporting experimentation and allowing entrepreneurs to branch out, pivot, and find the path to value. Policy Impact Unit: Tending the Land for the Future. Finally, the Policy Impact Unit works tirelessly to ensure the soil remains fertile. By advocating for forward-thinking, responsive policies and working with governments to remove barriers, this unit ensures that the enabling environment keeps pace with the needs of innovators. It’s the ongoing care that keeps the lawn healthy season after season. When all these elements come together, seed, soil, and water, the result is a thriving ecosystem. Business ventures don’t just survive; they flourish, creating jobs, driving innovation, and contributing to Africa’s broader development. The impact goes beyond individual companies; it’s about building a foundation for sustainable growth across the continent. Imagine a lawn that was once patchy and brown, now lush and green. That’s the vision for Africa’s innovation and entrepreneurial ecosystem: a landscape where ideas can take root, grow, and yield value for everyone. Some days are for policy, for planning, and waiting. But some days, the ground is just right, the rain has fallen, the soil is soft, and the seeds are ready. Today, Africa stands at that moment. With programs like timbuktoo, the continent has the tools to prepare the land, nurture the seeds, and water the shoots. What’s needed now is the collective will to plant, to tend, and to believe in the combined harvest to come. So, as I finish my morning planting, hands muddy and heart hopeful, I think about the innovative entrepreneurial endeavors across Africa. Each one is a seed with potential. With the right environment, the right support, and the right investment, there’s no limit to what can grow. Let’s
Read MoreStarlink’s South Africa future still uncertain after Ramaphosa–Trump–Musk talks
The operation of Starlink in South Africa remains unclear after Wednesday’s high-stakes meeting between President Cyril Ramaphosa and Donald Trump, who were joined by Elon Musk. The talks took place amid a backdrop of heightened tensions, with the agenda largely focused on accusations surrounding South Africa’s racial policies and land reform, leaving the status of any Starlink-related negotiations unclear. South Africa’s telecoms regulator, the Independent Communications Authority of South Africa (ICASA), told TechCabal that “Starlink has not yet applied for a licence” despite reports indicating a proposed workaround for local black ownership laws to facilitate Starlink’s operation in the country. While Starlink has already secured operations in 18 African countries—including South Africa’s immediate neighbors Botswana, Zimbabwe, and Mozambique — the continent’s largest economy continues to be left out. The exclusion stems from Black Economic Empowerment (BEE) regulations that require telecom providers to have 30% local ownership, as stated by ICASA. The ongoing dispute between Elon Musk and the South African government had escalated into a public spat with Musk, in a provocative social media post, claiming, “The government will not grant Starlink a to operate simply because I am not black.” South African officials quickly pushed back, clarifying that no formal application had been submitted for consideration. Local telecommunications giants, including Vodacom, MTN, Telkom, and Cell C, have strategically aligned with the regulatory status quo. Vodacom has explicitly backed ICASA’s position, stating that it “supports the enforcement of Black Economic Empowerment (BEE) laws” and believes in “the importance of adhering to national regulations that promote inclusivity and redress historical inequalities. “I have been in ICASA meetings where some of our biggest broadcasters and telcos have said, ‘Why have we been ignored for years on the difficulties of operating in this regulatory climate?’ But as soon as Elon Musk jumps up and down, suddenly there are reports about the department considering changes to the law. This is not good for the country,” said Professor Justine Limpitlaw, an electronic communications law specialist. Regional regulatory perspectives on Starlink Across the region, South Africa’s hardline approach aligns with Namibia, where its regulator, the Communications Regulatory Authority of Namibia (CRAN), ordered Starlink to cease operations in late 2024 and is currently reviewing its application. Lesotho, too, initially resisted Starlink due to concerns over Basotho ownership, a requirement in the country’s telecom sector, but later granted a 10-year licence. Botswana initially rejected Starlink’s application in early 2024 due to missing requirements and imposed high licensing fees—P5,600 (about $400) for applications, P386,000 (about $27,500) annually, plus 3% of revenue. After a year-long regulatory battle, direct intervention by President Mokgweetsi Masisi led to Starlink’s approval in May 2024. In contrast, Mozambique, Eswatini, and Zimbabwe have taken a more open stance. Mozambique was among the first African nations to adopt Starlink in 2022, citing its potential to transform the ICT sector. Eswatini – Granted Starlink a five-year licence in June 2023 after an application submitted in March 2023. The service launched in December 2023, making it the 8th African country with Starlink connectivity. The regulatory process was relatively straightforward, with the Eswatini Communications Commission determining that Starlink met all requirements. In Zimbabwe, POTRAZ (Postal and Telecommunications Regulatory Authority of Zimbabwe) granted Starlink s worth $575,000 in 2024 in partnership with IMC Communications, sidestepping the issue of mandatory equity requirements through local collaboration. “Musk has, at times, been open to local ownership agreements, but in this case, the regulatory maneuvering appears to be more about political strategy than business flexibility,” Limiptilaw said. Despite the political theatre, any resolution remains bound by the current legal framework. “To cover the country with satellite service, you need an individual end. I don’t think ICASA has much regulatory wriggle room, that’s where the law is at the moment,” said Limpitlaw. Attempts have been made to address the regulatory standoff. ICASA introduced draft satellite regulations partly in response to the Starlink issue. “Even when the regulator brought out draft satellite licensing regulations, Starlink did not even attend the hearings,” Limpitlaw noted. South Africa’s Department of Communications has floated possible legal amendments that would replace the current 30% equity requirement with a broader BEE-equivalent model. “They had promised draft amendments by July,” said Limpitlaw. “But we are already halfway through May, and the bill has not materialised. And it is not something that the President, the Department, or ICASA can resolve on their own. This requires amending legislation. Commenting on South Africa’s need for Starlink, Anri van der Spuy, a digital policy expert and researcher, noted that, compared to some of its neighbours who have granted licences to Starlink, South Africa has relatively high connectivity levels already. 78% of the country’s population uses the Internet, according to Statista. “Digital divides here are largely not a supply-side challenge [the lack of infrastructure, which Starlink would address], but rather a demand-side challenge [inequalities],” said Spuy. Spuy noted that many of the 30% of our people who are not using the Internet live in rural areas, are women, are aged, or have low levels of income or education. While some areas in SA do need to be better connected, many of the unconnected are not using the Internet because of these and other inequalities, despite the infrastructure often being in place for them to use it. “As such, even if we had Starlink, many people would not adopt or benefit from it.” As Lesotho recently secured Starlink access to ease its 50% trade tariffs, all eyes are now on South Africa, where the high-level talks have yet to clarify the future of Starlink’s operations in South Africa
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How three Nigerian teens built AI-powered solution to protect forests
Nigeria is losing its forests at a staggering pace. Once home to about 20 million hectares of forest, the country has lost nearly 96% of its primary cover, according to Global Forest Watch. From 2001 to 2024, Nigeria lost 1.44 million hectares (Mha) of tree cover, equivalent to a 14% decrease since 2000, driven by logging, agriculture, and weak enforcement. Despite policies like the Reducing Emissions from Deforestation and Forest Degradation (REDD+) strategy adopted by the federal government aimed at reducing deforestation, and Nigeria’s climate commitments under the Paris Agreement, illegal logging continues especially in under-policed reserves across states like Edo, Cross River, Ogun, and Rivers. With no real-time monitoring tools or reliable forest patrols, most of it goes unnoticed. In the heart of this crisis, three 18-year-old teenagers from Port Harcourt—Lesley John Jumbo, Bright Sunday, and Blessed Pepple—are engineering what they hope will spark some change. Their invention, Reforest AI, is a low-cost forest-monitoring system that uses artificial intelligence, embedded systems, and IoT (Internet of Things) sensors to detect and deter illegal logging—even in areas without power or internet. L-R: Blessed Pepple, Bright Sunday, and Lesley John Jumbo are the co-inventors of Reforest AI, a tool which aims to monitor and deter logging activities in forests across Nigeria Their motivation wasn’t born in a lab or a climate conference. It began with a simple, hard-to-ignore question: why do we keep watching forests disappear without doing anything? Earlier this year, their innovation earned Top Honours at the 2025 Slingshot Challenge, a global competition hosted by the National Geographic Society and the Paul G. Allen Family Foundation. Selected from more than 2,700 entries across 96 countries, the Nigerian team received a $10,000 grant to further develop and deploy their solution. From hackathon to hardware The trio first teamed up at a Technoville Nigeria hackathon in Port Harcourt, the rivers state capital. John Jumbo and Sunday were classmates; Pepple was John Jumbo’s neighbour. What united them, the team explains, was “this shared drive to build cool, meaningful stuff with tech.” The turning point came at another hackathon, hosted by Techrity in Port Harcourt, when their conversations turned to the forests around them. “We realised that if we just keep watching environmental damage happen without doing anything, we’re part of the problem,” the group explained. That event gave them the urgency to turn a vague worry into a real solution. Instead of launching awareness campaigns, they decided to build a tool that could address a specific aspect of the problem they’d pinpointed. Research drew their attention particularly to illegal logging as a silent but devastating contributor to climate change in Nigeria. Forests like the Cross River Reserve, once part of a vast West African canopy, now exist in fragmented national parks. The Niger Delta’s mangroves are shrinking fast, degraded by both chainsaws and crude oil. So they got to work. Each member brings a complementary skill to the group: John Jumbo, an embedded systems engineer, focuses on the software and leads outreach and storytelling around the project. Sunday, also an embedded systems engineer, handles all things electronics. Pepple, a designer, ensures everything looks great and works intuitively. In a bold move to demonstrate their commitment, they paused their education to build Reforest AI full-time. “Where we’re from, climate action isn’t really taken seriously, so trying to build a solution for a problem most people don’t even recognise felt almost impossible. But that just made us double down,” John Jumbo explains. “Formal education didn’t really play a big role in what we built,” the team notes. “Everything—from coding to hardware—we taught ourselves.” Their first fund came from local believers: family, mentors, and fellow builders who had seen their work. That early support helped them take the idea beyond prototype. Reforest AI: A smarter, scalable forest guard The initial idea for Reforest AI was to strap individual sensors to trees using accelerometers and gyroscopes to monitor changes in their angles—so if someone was trying to cut one down, they’d know. But they quickly realised the obvious problem. “If there are a billion trees, are we really going to deploy a billion devices?” John Jumbo says with a laugh. “Not scalable.” So they pivoted. Instead of monitoring individual trees, they created smart sensor towers that form a mesh network. These sleek, minimal towers act as smart nodes in a distributed network, using GPS to triangulate positions and cover large areas efficiently. The breakthrough came when they made the system AI-powered. They trained a sound recognition model that can detect chainsaws, axes—basically the audio signature of illegal logging activities. 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Read MoreKwik’s parent company declared bankrupt after creditor dispute
Africa Delivery Technologies (ADTL), the Dutch parent company of Nigerian last-mile delivery platform Kwik, has been declared bankrupt and placed under administration by an Amsterdam court following a court dispute with a former executive to whom the company owes about $50,000. However, Kwik CEO Romain Peroit-Lellig insists that the company is financially sound. He says the filing does not affect Kwik’s operations in Nigeria, where it serves over 300,000 merchants, and recently raised $1 million in fresh funding. This is the second known case of bankruptcy of a prominent logistics startup in Nigeria. In January, Gokada, another prominent last-mile delivery startup, filed for Chapter 11 bankruptcy, which allows an organisation to protect itself from creditors while developing a repayment plan under court supervision. Kwik’s situation is different, it is an involuntary bankruptcy filed by creditors who suspect the business is both unable and unwilling to repay a debt. Adam Grant, a former head of sales at Kwik, filed the bankruptcy claim. Previously, Grant sued the company for wrongful termination and was awarded $120,000 in unpaid salaries, which were later renegotiated to $75,000. Court documents show that Kwik paid one of three $25,000 instalments agreed upon but withheld the rest, citing concerns over French income tax obligations. “We asked [Grant] to guarantee us that he will take care of his income tax obligations,” Peroit-Lellig told TechCabal. “As usual, he refused to do so and instead, he filed for bankruptcy for his balance.” However, the Dutch court rejected Kwik’s tax argument and ruled that no additional tax was due, according to the filing seen by TechCabal. Grant successfully initiated involuntary bankruptcy proceedings against Kwik, arguing that its parent company lacked the immediate liquidity to settle his debt and demonstrated an unwillingness to prioritise repayment. He contended that placing the company under administration, where a third-party administrator would oversee financial operations, was necessary to ensure creditors were paid. His claim was supported by similar allegations from other creditors regarding Kwik’s avoidance of due debt. A second creditor, B54, a Nigerian startup that provides credit lines to startups, claims Kwik defaulted on a $50,000 loan. In February 2024, the company petitioned a Nigerian Federal High Court to liquidate Kwik’s parent company over the loan, according to court documents seen by TechCabal. “B54 has had to institute legal proceedings against Kwik both locally and in Nigeria, and is joining other creditors in foreign proceedings,” B54 co-founder Lanre Oyedotun told TechCabal, declining further comment due to the ongoing case. Peroit-Lellig acknowledged the debt to B54 but downplayed its significance, arguing that no formal legal service had occurred. “It is typical for companies to draft court documents to pressure debtors into payment, but they never file them in court due to consequent legal expenses,” he explained. “Moreover, I have been trying to reach B54 for a while to no avail.” The CEO made similar claims in May 2024 when the Guardian Nigeria, a national publication, sued his company to collect millions of naira in unpaid rent for an Abuja warehouse. Tive Ibru, director of the Guardian and one of his lawyers, confirmed the case remains active but declined to comment under sub judice rules. Pelliot again claimed he had not been formally served. Despite these ongoing legal battles, Pelliot insists the company is solvent. According to him, Kwik has raised $6 million to date, including $1 million in 2025. He claims the company owes $2 million in convertible notes, convertible notes loans that convert into shares after some time or an event. He told TechCabal that Kwik is not in any significant debt to anyone other than its shareholders, and therefore not insolvent. “Whatever happened is not affecting the operations of the company,” Pelliot added. “The staff are getting paid from the Nigerian company, and riders are getting paid. Everybody’s getting paid. Fulfilment and delivery services are continuing without disruption.” The company says it is in talks with Grant’s legal team to resolve the dispute. Unlike Gokada’s voluntary filing, Kwik’s bankruptcy is involuntary, allowing its creditors to access and liquidate the company’s assets to recover their claims. Pelliot refuses any comparison with Gokada. He said the debt outside its shareholders is insignificant and well within the company’s capacity to pay off. He is also confident that this circumstance can be reversed. “We deeply appreciate the continued support from our customers, partners, delivery riders, and shareholders,” Kwik said in a statement. “We remain fully committed to delivering high-quality service and value to all stakeholders.”
Read MoreVendease CFO resigns as the YC-backed startup restructures, seeks fresh capital
Mohamed Chaudry, chief financial officer of Vendease, a Y Combinator-backed food procurement platform, stepped down in April 2025. His departure comes amid a restructuring effort as the company urgently bids to reach profitability and raise fresh funding. Chaudry has since launched an edtech platform, The Scale Up CFO Hub, that teaches founders how to become investor-ready. Chaudry, who also held the title of co-COO, spearheaded the restructuring in the months leading up to his resignation. This process saw Vendease reduce its workforce by 180 employees and was implemented alongside a new, aggressive employee pay structure. Vendease has moved to a performance-based system where unpaid salary portions will convert into an Equity Share Option Plan (ESOP). “Alongside my CFO role, I also took on a dual COO role, overseeing the entire supply chain and leading a comprehensive restructuring initiative,” Chaudry told TechCabal in a statement. “Whilst I am proud of helping Vendease navigate and stabilise through this period, my passion has always been in scaling businesses rather than restructuring them.” DevOps engineer, Osinachi Ibiam-Uro, is a mom in tech, and she is loving it here Appointed in January 2024, Chaudry was brought in to help the company expand across Africa and the Middle East. However, the sharp economic downturn, marked by the naira’s devaluation and rising costs, forced the company to reduce the scale of its operations. He was tasked with helping the company rein in costs and chart a course to profitability, including exiting operations in Ghana. Beyond layoffs, Vendease has significantly restructured its business model, notably enhancing its Buy-Now-Pay-Later (BNPL) offering to boost revenue. The company has shifted from a flat fee for this service to charging daily interest. These measures, including the workforce reduction and BNPL changes, are among several strategic moves Vendease has implemented to slash expenses and improve its margins. Vendease declined to comment on any part of this story. “I genuinely loved working with everyone on my team, probably the best team I have ever had the pleasure of leading,” Chaundry said in a message to TechCabal.
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Top 10 Android phones released in 2025
Android phones in 2025 are faster, last longer on a single charge, and come packed with smarter AI features. But beyond all the fancy features, what makes a phone great is how well it fits into your daily life. That’s what this guide is here for: to help you pick a phone that does what you need. No tech fluff. No confusing language. Just honest, straightforward advice based on what works for everyday use. If you’re wondering, “Which Android phones should I buy this year?” or “What features do I really need?,” you’re in the right place. What you should look out for when choosing an Android phone With so many Android phones out there, it’s easy to get distracted by popular names and shiny features. But what indeed makes a phone suitable? What should you be paying attention to before spending your money? 1. Display: How good does the screen look, and hold up? The screen is the first thing you notice on a phone; you use it for everything, from texting and scrolling to watching videos and playing games. So, it needs to look sharp, respond fast, and stay clear even when you’re outside under the sun. Here’s what you should check: Refresh rate (Hz): This affects how smooth your screen feels when you scroll or switch apps. Most top Android phones in 2025 now come with 120Hz screens. Some even go up to 144Hz, which gamers will love for the extra quick response. Brightness: Ever struggled to see your screen outside? Brightness matters. Phones like the Samsung Galaxy S25 Ultra and Vivo X200 Ultra hit crazy-high brightness levels, over 2,600 nits, so that you won’t squint in sunlight. AMOLED screens: This is now common in higher-end phones. It gives you rich colours, deep blacks, and better viewing angles, perfect for watching Netflix or editing photos. Adaptive refresh rate (LTPO): This tech helps save battery. Your screen knows when to slow down (like when reading) and when to speed up (like while gaming). Less power wasted, same great visuals. 2. Camera: Are the pictures and videos worth it? Forget the megapixel hype, excellent camera quality is about more than just numbers. What matters is how well the phone captures your moments, day or night. Look for: Multiple lenses: A good Android phone will have broad, ultra-wide, and zoom (telephoto) lenses. This gives you flexibility in how you take photos. Large sensors: Phones like the Xiaomi 15 Ultra have a 1-inch primary sensor. Bigger sensors mean more light, and more light means better photos, especially in low light or at night. OIS (Optical Image Stabilisation): This helps you take steady, blur-free shots, even when your hands aren’t completely still. Innovative features powered by AI: In 2025, the camera doesn’t just capture, it thinks. AI helps improve photos automatically. It fixes lighting, sharpens faces, improves video clarity, and even helps edit pictures in real time. So if you post on social media, shoot videos for fun, or just want sharp memories of your life, the correct camera setup can make a big difference. 3. Battery & charging: Will the phone keep up with your day? Nobody wants to carry a charger everywhere or panic at 10%. A phone’s battery needs to last and charge fast. Here’s what to focus on: Battery size: Look for 5,000mAh or more. That’s the sweet spot for all-day use. Real-life usage: Check for “screen-on time” and how long the phone lasts, not just the number. Fast charging: Many Android phones charge from 0–80% in under 30 minutes. Phones like the OnePlus 13 and Vivo X200 Ultra are leading here. Wireless charging: Handy if you hate cables. Just drop your phone on the pad, and it will power up. Silicon-carbon batteries: Some 2025 android phones now use this newer tech to pack more power into slimmer bodies. More battery, less bulk, nice win. Think about this: Do you often go hours without access to a charger? Then battery life should be high on your list. 4. Performance: Will it run smoothly, no matter what you do? You want a phone that won’t lag, freeze, or force-close your apps, whether you’re switching between emails, editing videos, or playing games. Focus on: The processor (CPU): The “brain” of the phone. Android phones in 2025 now run on powerful chips like the Snapdragon 8 Elite, MediaTek Dimensity 9400, or Google Tensor G5. RAM: This keeps your apps running smoothly in the background. 12GB is excellent. 16GB is even better if you’re a power user. AI processing (NPU): This is the part of the chip that handles innovative tasks, like voice commands, real-time translations, and faster photo editing, directly on your phone, not in the cloud. It makes everything feel quicker and more personal. Storage speed (UFS 4.0): Not just about how much space you have, but how fast apps open and files move around. This section greatly matters if you hate slow phones or want one that keeps up with your busy life. Top 10 Android phones of 2025: Which one is right for you? Here are 10 of the best Android phones in 2025, what makes each special, and why they might be worth your money. Samsung Galaxy S25 Ultra OnePlus 13 Google Pixel 9 Pro XL Xiaomi 15 Ultra OPPO Find X8 Pro Sony Xperia 1 VII ASUS Zenfone 12 Ultra Motorola Edge 60 Pro Vivo X200 Ultra Samsung Galaxy S25 1. Samsung Galaxy S25 Ultra Image Source: Marques Brownlee on YouTube If you want the absolute best of everything, the Galaxy S25 Ultra is hard to beat. It’s built for people who use their phone for work, creativity, and entertainment. The built-in S Pen is perfect for jotting down notes or editing photos, and the camera is one of the best on the market, especially in low light or when zooming in from far away. What stands out: Massive 6.9-inch screen that’s great for watching videos or working on the go 100x zoom camera for
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👨🏿🚀TechCabal Daily – Get a loan with carrot
In partnership with Lire en Français اقرأ هذا باللغة العربية TGIF! Mozilla just announced it’s sunsetting Pocket—yes, the beloved tool for stashing articles you swear you’ll read later (and sometimes actually do). Come July 8th, 2025, Pockets will stop working. The company says it’s reallocating resources to projects that “better match users’ browsing habits and online needs.” If you see me at Founder’s Connect today, please say hi—I’ll be the one grieving a bookmarking app like I lost a pet. Now, let’s get into today’s dispatch. – Faith Parent company of Nigerian logistics startup declared bankrupt in Amsterdam Carrot Credit secures $4.2M to scale asset-backed lending in Africa Mohamed Chaudry, Vendease CFO, steps down Funding Tracker World Wide Web 3 Events Startups Parent company of Nigerian logistics startup declared bankrupt in Amsterdam A Kwik logistics rider/Image Source: Kwik. The parent company of Nigerian logistics startup Kwik was declared bankrupt in Amsterdam. If this reminds you of Gokada’s Chapter 11 bankruptcy and you’re tempted to lament that the logistics sector is where venture capital goes to die, hold off for a moment. Kwik’s CEO, Romain Poirot-Lellig told TechCabal that the company is not insolvent and, in fact, raised $1 million this year. So, why the bankruptcy declaration? Bankruptcy filings vary. Gokada’s Chapter 11 filing in the U.S. is a reorganization process used when a company is running out of cash and needs protection from creditors while developing a repayment plan under court supervision. Kwik’s situation is different. Their bankruptcy was not initiated by the company but by a former employee, Adam Grant, who is owed approximately $50,000. Grant, previously head of marketing at Kwik, was fired and claimed wrongful termination. He sued Kwik, winning a court order for $75,000 to be paid in three installments. After Kwik paid the first installment, they withheld the second, citing concerns that Grant wouldn’t pay required income taxes, which would force Kwik to cover additional costs beyond the settlement. Frustrated, Grant returned to court, arguing that Kwik’s parent company was unable to pay him and couldn’t be trusted to do so. He supported his claim by pointing to Kwik’s significant debt to other creditors. The Amsterdam court sided with Grant, placing Kwik’s parent company under administration, meaning a third-party administrator will oversee financial operations to ensure creditors, including Grant, are paid. Another creditor, B54—a startup providing credit lines to other startups—collaborated with Grant in this filing. B54 had previously attempted a similar bankruptcy claim against Kwik in a Nigerian court in 2024 but was unsuccessful. Kwik’s CEO, Romain Poirot-Lellig, acknowledges the debt but insists the company is solvent and plans to pay its creditors. Reporter Ngozi has the full story—keep an eye out for it today. Seamless Global Payments With Fincra. Issue accounts in NGN, KES, EUR, USD & more with one integration. Send & receive funds seamlessly across borders; no more banking hassles or complex conversions. Create an account for free & go global today. 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Nigerian fintech Carrot Credit is a digital lending platform that lets retail investors (that’s you, me, and every nonprofessional investor who
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