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👨🏿‍🚀TechCabal Daily - Profits, Profits, Profits

In today’s edition : Swvl’s drives further into profitability || FCMB seeks approval for ₦150 billion raise || Telecom Namibia employs debt-collection agencies to pursue loan defaulters || Access Bank records ₦159.3 billion profit in Q1 2024 || VALR pursues licences in Mauritius and Dubai ....

United Arab Emirates , United Kingdom , South Africa , South African , Farzam Ehsani , Access Holdings Plc , Africa Financial Sector Conduct Authority , Credit Suisse , First Bank , Revenue Solutions , Information Trust Corporation , Gt Bank , Telecom Namibia , Kenya Hustler Fund , Access Bank , Central Bank , Volt Lines , President Tinubu , Hustler Fund , Southern Africa , Virtual Terminal , Financial Sector Conduct Authority ,

Swvl quietly releases long-delayed 2022 financial statement

Despite doubling revenue and reversing previous acquisitions, Swvl, an Egyptian startup, is still chasing profitability. ....

Al Qahirah , United States , United Arab Emirates , Mostafa Kandil , Gambit Growth Capital , Volt Lines , Latin American ,

Wamda

Wamda is a platform of programs and networks that aims to accelerate entrepreneurship ecosystems across MENA. ....

Ali Halabi , Volt Lines ,

Why SWVL's acquisition of Volt Lines came to a halt

In 2018, Lebanese entrepreneur Ali Halabi founded Volt Lines, a Turkey-based mobility startup targeting the corporate segment, enabling. ....

Ali Halabi , Volt Lines , United Kingdom Based ,

Swvl's 1:25 reverse stock split saves it from Nasdaq - for now

It’s like cutting more slices into a pie. A reverse stock split allows publicly traded firms to consolidate existing shares. It doesn’t change anything.  ....

Ali Halabi , Share Split , Volt Lines ,