👨🏿🚀TechCabal Daily – Koko’s clean-up is taking a while
In today's edition: Kenyans are watching two IPO deals // Koko’s continued search for a buyer // Senegal maps rules for satellite Internet // Zimbabwe’s new AI hub
Via TechCabal
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Last Friday, we published the second installment of our Class of 2016 project on Yoco, the South African payments startup. Before it onboarded a single merchant, its four founders spent a year trying to convince a bank to partner with them. When Mercantile Bank—now Capitec Bank, the largest South African commercial bank by customer base—finally agreed, the investor who had offered to fund the company walked away. The angel investors stayed and put in more.
Yesterday…
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