No Uber rides on May Day

Inside: Kenya’s stock exchange is going on the blockchain

Author

Faith Omoniyi
April 23, 2025

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<p style="padding:5px 0;font-family:'Helvetica Neue', Helvetica, Arial, sans-serif;font-weight: 400;font-size:16px;line-height:25.6px;margin:0;"> Let's delve in. </p> </div> </div> <div class="todays_edition" style="width:100%; background-color: transparent; box-sizing:border-box;"> <div style="width:100%;box-sizing:border-box;background-color:transparent;padding:0 12px;text-align:center;height:48px;margin-bottom:0px;"> <img src="https://techcabal.com/wp-content/uploads/tc/2024/07/today-edition-img-1.png" alt="today's edition image" width="100%" height="47.76" style="max-width:343px;margin:0 auto -3px;object-fit: cover;"> </div> <div style="background-color: #FAE2E3;padding:16px 32px;"> <ul style="padding-left: 20px;margin:0;font-size:16px;line-height:25.6px;">

<li><a href="#Story1" style="font-family:Georgia, 'Times New Roman', Times, serif;font-style: normal;font-weight:400;text-decoration:underline !important;color:#28121F !important;">Uber, Bolt, and Indrive drivers plan May day protest</a></li> <li> <a href="#Story2" style="font-family:Georgia, 'Times New Roman', Times, serif;font-style: normal;font-weight:400;text-decoration:underline !important;color:#28121F !important;"> Kenya’s stock exchange is going on the blockchain</a></li> <li><a href="#Story3" style="font-family:Georgia, 'Times New Roman', Times, serif;font-style: normal;font-weight:400;text-decoration:underline !important;color:#28121F !important;"> Visa taps contactless payments for Africa push </a></li> <li><a href="#Story4" style="font-family:Georgia, 'Times New Roman', Times, serif;font-style: normal;font-weight:400;text-decoration:underline !important;color:#28121F !important;"> Chery to debut new hybrid car models in South Africa</a></li> <li> <a href="#Story5" style="font-family:Georgia, 'Times New Roman', Times, serif;font-style: normal;font-weight:400;text-decoration:underline !important;color:#28121F !important;">World Wide Web 3</a></li> <li> <a href="#Story6" style="font-family:Georgia, 'Times New Roman', Times, serif;font-style: normal;font-weight:400;text-decoration:underline !important;color:#28121F !important;">Opportunities</a></li> 

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                <h3 style="padding:0;width:100%;font-family:Georgia, 'Times New Roman', Times, serif;font-weight:700;font-size:16px;color:#93888F;line-height:23.1px;text-align: left;margin:0;text-transform:uppercase;">Ride-hailing</h3>
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                <h3 style="width:100%; font-family:'Helvetica Neue', Helvetica, Arial, sans-serif;font-size:16px;margin:0;padding-bottom:16px;font-weight:700;color:#28121F;line-height:20px;text-transform:capitalize;letter-spacing:-0.32px;text-align:left;box-sizing:border-box;"> Uber, Bolt, and Indrive drivers plan May day protest

</h3> <div style="font-family:'Helvetica Neue', Helvetica, Arial, sans-serif;font-weight: 400;font-size:16px;line-height:25.6px;margin:0;padding-bottom:16px;box-sizing:border-box;"> <figure style="width: 100%;padding-bottom:16px;text-align:left;box-sizing:border-box;margin:0;"> <a href="https://techcabal.com/category/newsletters/tc-daily/"> <img src="https://techcabal.com/wp-content/uploads/tc/2024/08/Uber_Bolt.jpg" width="100%" height="auto" style="object-fit: cover;"></a> <figcaption style="color:#808080;font-size:12px;font-family:'Helvetica Neue', Helvetica, Arial, sans-serif;line-height:19.8px;padding-top:6px;font-weight:400;">Image Source: Google</figcaption> </figure>

<p style="padding:5px 0;margin:0;"> If you’re in Lagos and planning to get around town on May 1st using a ride-hailing app, we hate to inform you that you might have to cancel those plans and refamiliarize yourself with the yellow danfo buses.</p>

<p style="padding:5px 0;margin:0;"> <strong> Why? </strong> Ride-hailing drivers—Uber, Bolt, and inDrive—across Lagos are planning to <a href="https://nairametrics.com/2025/04/22/bolt-uber-drivers-to-protest-shut-down-operations-in-lagos-on-may-1-over-poor-working-conditions/"style="text-decoration: underline; color:#B61313 !important;">shut things down </a> on May 1st.</p>

<p style="padding:5px 0;margin:0;">The Amalgamated Union of App-Based Transporters of Nigeria (AUATON) says drivers are fed up. Poor earnings, weak safety protections, sudden account deactivations, and platform commissions have pushed them to the edge. </p>

<p style="padding:5px 0;margin:0;"> <strong> This isn’t their first protest. </strong> Nigerian gig drivers have been here before—demanding lower commissions, higher base fares, and a real voice at the decision-making table. Now, they’re back with a familiar list. </p>

<p style="padding:5px 0;margin:0;"><strong>Top of the agenda is fairer pay.</strong> AUATON wants base fares increased and platform commissions cut from 25% to 5%. They’re also asking for price adjustments that reflect inflation and the surging costs of fuel and vehicle maintenance. But for Uber and Bolt, raising fares risks losing riders in a price-sensitive market like Lagos. Drivers also want job security. Specifically, clearer deactivation policies and a path to appeal bans. .</p>

<p style="padding:5px 0;margin:0;"> This protest mirrors broader tensions in ride-hailing across Africa. In Kenya last year, driver <a href="https://techcabal.com/2024/09/10/kenya-ride-hailing-drivers-strike/"style="text-decoration: underline; color:#B61313 !important;">frustration boiled over into chaos</a>, with passengers pulled from cars and drivers boycotting trips over fare disputes. AUATON’s 5% commission demand may be far below global norms, but unless platforms find middle ground, the fallout could hit everyone—drivers, riders, and the business model holding it all together .</p> </div> <div id="share_content" style="width: 100%; background-color: transparent;box-sizing:border-box;"> <div style="display: table; width: 100%;"> <div style="display: table-cell; vertical-align:middle; text-align: left;"> <a href="https://twitter.com/intent/tweet?url=https://techcabal.com/category/newsletters/tc-daily/" rel="noopener" style="display:inline;width:24px;height:24px;background-color:#eeeeee;text-align:center;vertical-align: middle;border-radius:2px;padding:5px;margin-right: 10px;"><img src="https://techcabal.com/wp-content/uploads/tc/2023/05/Twitter.png" alt="" width="16px" height="auto" style="vertical-align: middle;"></a> <a href="https://www.linkedin.com/shareArticle?mini=true&url=https://techcabal.com/category/newsletters/tc-daily/" rel="noopener" style="display:inline;width:24px;height:24px;background-color:#eeeeee;text-align:center;vertical-align: middle;border-radius:2px;padding:5px;margin-right: 10px;"><img src="https://techcabal.com/wp-content/uploads/tc/2023/05/LinkedIn.png" alt="" width="16px" height="auto" style="vertical-align: middle;"></a> <a href="https://api.whatsapp.com/send?text=https://techcabal.com/category/newsletters/tc-daily/" rel="noopener" style="display:inline;width:24px;height:24px;background-color:#eeeeee;text-align:center;vertical-align: middle;border-radius:2px;padding:5px;margin-right: 10px;"><img src="https://techcabal.com/wp-content/uploads/tc/2023/05/WhatsApp.png" alt="" width="16px" height="auto" style="vertical-align: middle;"></a> </div> </div> </div> </div> </div>

<div style="padding: 24px 12px 0;"> <div style="width:100%; background-color:transparent;box-sizing:border-box;padding:12px;border: 0.6px solid #D3D3D3;border-radius:4px;"> <h5 style="margin:0;padding-top:0;padding-bottom:12px;;font-weight:700;font-size:10px;color:#93888F;text-align:center;">Seamless Global Payments With Fincra.</h5> <a href="https://app.fincra.com/auth/signup"> <img src="https://techcabal.com/wp-content/uploads/tc/2025/04/TC-Banner-borderless.png" width="100%" height="auto" style="object-fit: cover;"></a> <p style="padding:5px 0;font-family:Georgia, 'Times New Roman', Times, serif;font-size: 14px;line-height:21px;font-style:italic;letter-spacing:-0.308px;margin-top:0;">Issue accounts in NGN, KES, EUR, USD & more with one integration. Send & receive funds seamlessly across borders; no more banking hassles or complex conversions. <a href="https://app.fincra.com/auth/signup"style="text-decoration: underline; color:#B61313 !important;">Create an account for free & go global today</a>.</p> 

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<div id="Story2" style="padding:0 12px;box-sizing:border-box;"> <div class="section_heading" style="width:100%; background-color: transparent;box-sizing:border-box;padding-bottom:12px;"> <div id="web3" style="width:100%;max-width:115px;height:1px;background-color:#D3D3D3;margin:24px auto; "> </div> <h3 style="padding:0;width:100%;font-family:Georgia, 'Times New Roman', Times, serif;font-weight:700;font-size:16px;color:#93888F;line-height:23.1px;text-align: left;margin:0;text-transform:uppercase;">Web3</h3> </div> <div style="width:100%; background-color: transparent; box-sizing:border-box;"> <h3 style="width:100%; font-family:'Helvetica Neue', Helvetica, Arial, sans-serif;font-size:16px;margin:0;padding-bottom:16px;font-weight:700;color:#28121F;line-height:20px;text-transform:capitalize;letter-spacing:-0.32px;text-align:left;box-sizing:border-box;">Kenya’s stock exchange is going on the blockchain</h3> <div style="font-family:'Helvetica Neue', Helvetica, Arial, sans-serif;font-weight: 400;font-size:16px;line-height:25.6px;margin:0;padding-bottom:16px;box-sizing:border-box;"> <figure style="width: 100%;padding-bottom:16px;text-align:left;box-sizing:border-box;margin:0;"> 

                        <a href="https://techcabal.com/2025/04/15/morocco-gitex-africa/">
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<p style="padding:5px 0;margin:0;">The Nairobi Securities Exchange (NSE) wants to bring blockchain into the heart of Kenya’s capital markets</p>

<p style="padding:5px 0;margin:0;"> The Nairobi Securities Exchange (NSE) has launched the <a href="https://techpoint.africa/news/kenya-digital-exchange/"style="text-decoration: underline; color:#B61313 !important;"> Kenya Digital Exchange (KDX) </a>, a blockchain-powered platform developed in partnership with Canada’s DeFi Technologies, Valour Inc., and SovFi. The KDX will let companies tokenize and trade assets like stocks, bonds, and commodities. Think of it as the NSE… with Web3 infrastructure.

<p style="padding:5px 0;margin:0;">The platform will be built on the Hedera blockchain and launched in three phases, starting with design and regulation and ending with full-scale trading by mid-2026.</p>

<p style="padding:5px 0;margin:0;"> <strong> Here’s why it matters:</strong> The KDX is a major step toward modernizing Africa’s capital markets. KDX could make capital markets faster, cheaper, and more accessible. Companies could issue tokenized assets in primary markets, while investors get a new way to buy in. It also marks a shift in tone from Kenyan regulators—who, like their Nigerian and South African counterparts, are starting to treat blockchain as infrastructure, not a threat. </p>

<p style="padding:5px 0;margin:0;">Unlike Ethereum or Solana, where most tokenized assets live without oversight, KDX will be regulated, giving Kenyan companies a compliant way to create and trade digital assets. The move follows a similar initiative by Nigerian company Zone, which <a href="https://techcabal.com/2025/04/09/regulated-blockchain-to-rule-payments-in-nigeria/"style="text-decoration: underline; color:#B61313 !important;"> launched a regulated blockchain </a> for financial services.</p>

<p style="padding:5px 0;margin:0;"> <strong> Know more: </strong>Regulated blockchains—also known as permissioned blockchains—are digital ledgers with gatekeepers. Only approved players can join, and the system is usually run by a central authority or consortium. That structure makes them a safer bet for banks and regulators than free-for-all public chains.</p>

<p style="padding:5px 0;margin:0;"><strong> Zoom out: </strong>Kenya now joins other countries on the continent exploring similar moves. Mauritius being one of the earliest has been running a regulatory sandbox for tokenised finance since 2018. Nigeria’s Zone is also creating a blockchain infrastructure pegged to the naira, while South Africa’s Mesh.trade is already tokenizing assets under FSCA regulation. </p> </div> <div id="share_content" style="width: 100%; background-color: transparent;box-sizing:border-box;"> <div style="display: table; width: 100%;"> <div style="display: table-cell; vertical-align:middle; text-align: left;"> <a href="https://twitter.com/intent/tweet?url=https://techcabal.com/2025/04/15/morocco-gitex-africa/" rel="noopener" style="display:inline;width:24px;height:24px;background-color:#eeeeee;text-align:center;vertical-align: middle;border-radius:2px;padding:5px;margin-right: 10px;"><img src="https://techcabal.com/wp-content/uploads/tc/2023/05/Twitter.png" alt="" width="16px" height="auto" style="vertical-align: middle;"></a> <a href="https://www.linkedin.com/shareArticle?mini=true&url=https://techcabal.com/2025/04/15/morocco-gitex-africa/" rel="noopener" style="display:inline;width:24px;height:24px;background-color:#eeeeee;text-align:center;vertical-align: middle;border-radius:2px;padding:5px;margin-right: 10px;"><img src="https://techcabal.com/wp-content/uploads/tc/2023/05/LinkedIn.png" alt="" width="16px" height="auto" style="vertical-align: middle;"></a> <a href="https://api.whatsapp.com/send?text=https://techcabal.com/2025/04/15/morocco-gitex-africa/" rel="noopener" style="display:inline;width:24px;height:24px;background-color:#eeeeee;text-align:center;vertical-align: middle;border-radius:2px;padding:5px;margin-right: 10px;"><img src="https://techcabal.com/wp-content/uploads/tc/2023/05/WhatsApp.png" alt="" width="16px" height="auto" style="vertical-align: middle;"></a> </div> </div> </div> </div> </div>

<div style="padding: 24px 12px 0;"> <div style="width:100%; background-color:transparent;box-sizing:border-box;padding:12px;border: 0.6px solid #D3D3D3;border-radius:4px;"> <h5 style="margin:0;padding-top:0;padding-bottom:12px;;font-weight:700;font-size:10px;color:#93888F;text-align:center;">Here’s what happened at Paystack in 2024!</h5> <a href="https://paystack.com/2024/#"> <img src="https://techcabal.com/wp-content/uploads/tc/2025/04/Introducing-Zap-by-Paystack.webp" width="100%" height="auto" style="object-fit: cover;"></a> <p style="padding:5px 0;font-family:Georgia, 'Times New Roman', Times, serif;font-size: 14px;line-height:21px;font-style:italic;letter-spacing:-0.308px;margin-top:0;">Link your bank account once, and send money in 5 easy steps on Zap.

Download Zap on iOS and Android now 👉🏾 <a tabindex="0" href="https://paystack.com/2024/#" rel="noopener noreferrer" data-token-index="1"style="text-decoration: underline; color:#B61313 !important;"> Download Zap on iOS and Android now →</a></p> 

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<div id="Story3" style="padding:0 12px;box-sizing:border-box;"> <div class="section_heading" style="width:100%; background-color: transparent;box-sizing:border-box;padding-bottom:12px;"> <div id="web3" style="width:100%;max-width:115px;height:1px;background-color:#D3D3D3;margin:24px auto; "> </div> <h3 style="padding:0;width:100%;font-family:Georgia, 'Times New Roman', Times, serif;font-weight:700;font-size:16px;color:#93888F;line-height:23.1px;text-align: left;margin:0;text-transform:uppercase;">Fintech</h3> </div> <div style="width:100%; background-color: transparent; box-sizing:border-box;"> <h3 style="width:100%; font-family:'Helvetica Neue', Helvetica, Arial, sans-serif;font-size:16px;margin:0;padding-bottom:16px;font-weight:700;color:#28121F;line-height:20px;text-transform:capitalize;letter-spacing:-0.32px;text-align:left;box-sizing:border-box;"> Visa taps contactless payments for Africa push </h3> <div style="font-family:'Helvetica Neue', Helvetica, Arial, sans-serif;font-weight: 400;font-size:16px;line-height:25.6px;margin:0;padding-bottom:16px;box-sizing:border-box;"> <figure style="width: 100%;padding-bottom:16px;text-align:left;box-sizing:border-box;margin:0;"> 

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                        <figcaption style="color:#808080;font-size:12px;font-family:'Helvetica Neue', Helvetica, Arial, sans-serif;line-height:19.8px;padding-top:6px;font-weight:400;">Image Source: Wunmi Eunice/TechCabal</figcaption>
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<p style="padding:5px 0;margin:0;"> Everyone’s been calling it: contactless is the future of payments. Visa is <a href="https://techcabal.com/2025/04/22/visa-on-contactless-payments/"style="text-decoration: underline; color:#B61313 !important;"> betting big </a> on it in Africa.</p>

<p style="padding:5px 0;margin:0;">On the sidelines of GITEX Africa 2025, Godfrey Sullivan, Visa’s SVP for Products, Solutions, and Digital Partnerships (CEMEA), told TechCabal’s Ganiu Oloruntade that the payments giant sees tap-to-pay becoming the default way people transact in Africa, just like it has globally </p>

<p style="padding:5px 0;margin:0;">In Morocco, where Visa introduced contactless payment a few years ago, 41% of transactions are now contactless. Sullivan says it’s faster (Visa transactions clear in 200 milliseconds), more secure, and more scalable than fragmented real-time systems and QR-based solutions dominating markets like Nigeria and Kenya.</p>

<p style="padding:5px 0;margin:0;"> <strong> But Visa’s push isn’t just about cards. </strong> It wants to embed itself deeper in Africa’s digital payments ecosystem. In the Democratic Republic of Congo, it’s rolling out Visa Pay, a real-time B2B platform. It’s also eyeing stablecoin integration and leaning hard on local partnerships, with over 1,000 issuers across the continent. </p>

<p style="padding:5px 0;margin:0;">It recently <a href="https://techcabal.com/2025/01/23/moniepoint-visa-investment/"style="text-decoration: underline; color:#B61313 !important;"> backed Nigerian fintech </a> Moniepoint. That’s a big deal for Visa, especially as local fintechs grow wary of foreign fees and are turning to cheaper local alternatives like Verve and AfriGo.</p>

<p style="padding:5px 0;margin:0;"> Still, Sullivan insists Visa’s growth in Africa is “only getting faster.” With a $1 billion investment earmarked for Africa by 2027, Visa is making it clear: it doesn’t just want to be your card; it wants to be the rails.</p> 

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<div style="padding: 24px 12px 0;"> <div style="width:100%; background-color:transparent;box-sizing:border-box;padding:12px;border: 0.6px solid #D3D3D3;border-radius:4px;"> <h5 style="margin:0;padding-top:0;padding-bottom:12px;;font-weight:700;font-size:10px;color:#93888F;text-align:center;">Here’s what happened at Paystack in 2024!</h5> <a href="https://app.juicyway.com/signup?utm_source=techcabal&utm_medium=emailTR&utm_campaign=mar_em_slot_ng_web_mul_acq_thc_ema_nbr_newsletter&utm_content=signup&utm_term="> <img src="https://techcabal.com/wp-content/uploads/tc/2025/04/Juicyway-Ad-April-162025.gif" width="100%" height="auto" style="object-fit: cover;"></a> <p style="padding:5px 0;font-family:Georgia, 'Times New Roman', Times, serif;font-size: 14px;line-height:21px;font-style:italic;letter-spacing:-0.308px;margin-top:0;">Send, receive, and convert fiat or stablecoins like USD, CAD, USDT, USDC, and more in Nigeria with Juicyway—seamlessly and at great rates! Get free multi-currency accounts, enjoy instant transfers, and trade securely in one app. <a tabindex="0" href="https://app.juicyway.com/signup?utm_source=techcabal&utm_medium=emailTR&utm_campaign=mar_em_slot_ng_web_mul_acq_thc_ema_nbr_newsletter&utm_content=signup&utm_term=" rel="noopener noreferrer" data-token-index="1"style="text-decoration: underline; color:#B61313 !important;">Join now to get started!</a></p> 

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<div id="Story4" style="padding:0 12px;box-sizing:border-box;"> <div class="section_heading" style="width:100%; background-color: transparent;box-sizing:border-box;padding-bottom:12px;"> <div id="web3" style="width:100%;max-width:115px;height:1px;background-color:#D3D3D3;margin:24px auto; "> </div> <h3 style="padding:0;width:100%;font-family:Georgia, 'Times New Roman', Times, serif;font-weight:700;font-size:16px;color:#93888F;line-height:23.1px;text-align: left;margin:0;text-transform:uppercase;">ELectric Vehicle</h3> </div> <div style="width:100%; background-color: transparent; box-sizing:border-box;"> <h3 style="width:100%; font-family:'Helvetica Neue', Helvetica, Arial, sans-serif;font-size:16px;margin:0;padding-bottom:16px;font-weight:700;color:#28121F;line-height:20px;text-transform:capitalize;letter-spacing:-0.32px;text-align:left;box-sizing:border-box;"> Chery to debut new hybrid car models in South Africa </h3> <div style="font-family:'Helvetica Neue', Helvetica, Arial, sans-serif;font-weight: 400;font-size:16px;line-height:25.6px;margin:0;padding-bottom:16px;box-sizing:border-box;"> <figure style="width: 100%;padding-bottom:16px;text-align:left;box-sizing:border-box;margin:0;"> 

                        <a href="https://techcabal.com/2025/04/15/cbex-ponzi-collapse-nigeria/">
                        <img src="https://techcabal.com/wp-content/uploads/tc/2025/04/chery-tiggo-8-pro-hub-image.jpg" width="100%" height="auto" style="object-fit: cover;"></a>
                        <figcaption style="color:#808080;font-size:12px;font-family:'Helvetica Neue', Helvetica, Arial, sans-serif;line-height:19.8px;padding-top:6px;font-weight:400;">Image Source: Equinix</figcaption>
                    </figure>

<p style="padding:5px 0;margin:0;">South Africa is turning up the heat on EV adoption</p>

<p style="padding:5px 0;margin:0;"> Last week, <a href="https://techcabal.com/2025/04/17/south-africas-zimi-secures-320000-to-test-turning-evs-into-power-stations-in-south-africa/"style="text-decoration: underline; color:#B61313 !important;"> we told you about Zimi,</a> the local EV company testing vehicle-to-grid (V2G) tech—a system that lets EVs both draw power from and supply it back to the grid when needed.</p>

<p style="padding:5px 0;margin:0;">Now, Chinese automaker Chery <a href="https://www.bizcommunity.com/article/chery-to-unveil-19-hybrid-car-models-in-2025-launching-super-hybrid-brand-695681a#:~:text=Chery%20will%20introduce%2019%20hybrid,%2Dextender%20electric%20vehicle)%20categories.&text=The%20first%20of%20these%20will,Super%20Hybrid%20(CSH)%20brand."style="text-decoration: underline; color:#B61313 !important;"> plans to launch 19 new hybrid models </a> later this year across its key markets, including South Africa. The lineup includes HEVs (hybrid electric), PHEVs (plug-in hybrid), and REEVs (range-extender electric vehicles), all debuting under its new Chery Super Hybrid (CSH) brand.</p>

<p style="padding:5px 0;margin:0;">The first models—Tiggo 7 CSH, Tiggo 8 CSH, and Tiggo 9 CSH—will premiere at Auto Shanghai this year. Chery says the new hybrid engines will hit 46.5% thermal efficiency and deliver fuel consumption as low as 3 litres/100km. Not bad for a petrol-electric combo.</p>

<p style="padding:5px 0;margin:0;">In South Africa, expect to see plug-in hybrid versions of the Tiggo 7 Pro, Tiggo 8 Pro, and Tiggo 9 Pro later this year. Jay Jay Botes, Chery South Africa’s GM, says the local market is a key part of their plan to scale eco-friendly mobility. </p>

<p style="padding:5px 0;margin:0;"> Chery will roll out hybrid platforms in phases, starting with high-performance electric to extended-range and off-road platforms. </p>

<p style="padding:5px 0;margin:0;"> So while full EV adoption in South Africa still faces infrastructure challenges, hybrids like these could be the transition tech automakers are betting on. And clearly, Chery is betting big. </p> 

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<div id="Story5" style="padding:0 12px;box-sizing:border-box;"> <div class="section_heading" style="width:100%; background-color: transparent;box-sizing:border-box;padding-bottom:12px;"> <div id="crypto_tracker" style="width:100%;max-width:115px;height:1px;background-color:#D3D3D3;margin:24px auto; "> </div> <h3 style="padding:0;width:100%;font-family:Georgia, 'Times New Roman', Times, serif;font-weight:700;font-size:16px;color:#93888F;line-height:23.1px;text-align:left;margin:0;text-transform:uppercase;">CRYPTO TRACKER</h3> </div> <div style="width:100%; background-color: transparent; box-sizing:border-box;"> <h3 style="width:100%;font-family:'Helvetica Neue', Helvetica, Arial, sans-serif;font-size:16px;margin:0;padding-bottom:16px;font-weight:700;color:#28121F;line-height:20px;text-transform:capitalize;letter-spacing:-0.32px;text-align:left;box-sizing:border-box;">The World Wide Web3</h3> <div style="font-family:'Helvetica Neue', Helvetica, Arial, sans-serif;font-weight: 400;font-size:16px;line-height:25.6px;margin:0;padding-bottom:16px;box-sizing:border-box;"> <div style="font-style: normal; font-family:'Helvetica Neue', Helvetica, Arial, sans-serif; margin-bottom: 20px; display: table; width: 100%; font-size: 14px; font-weight: 700;"> <p style="padding:5px 0;display: table-cell; vertical-align: middle; text-align:left;"> Source:</p> <span style="display: table-cell; vertical-align:middle; text-align: left;"><img src="https://techcabal.com/wp-content/uploads/tc/2023/07/CoinMarketCap-logo.png" alt="CoinMarketCap logo" style="width:96px; height: auto;"></span> </div> <table style="width: 100%; font-family:'Helvetica Neue', Helvetica, Arial, sans-serif; border-collapse: collapse;"> <colgroup> <col span="1" style="width: 25%;"> <col span="1" style="width: 25%;"> <col span="1" style="width: 25%;"> <col span="1" style="width: 25%;"> </colgroup> <tbody style="font-size: 12px; font-weight: 400; line-height: 15px;"> <tr style=" width: 100%; border-bottom:1px dashed #C3C3C3; padding: 20px;"> <th> <p style="padding:5px 0;font-weight:400; padding-bottom: 10px; text-align: left;"> Coin Name </p> </th> <th> <p style="padding:5px 0;font-weight:400; padding-bottom: 10px; text-align: left;"> Current Value </p> </th> <th> <p style="padding:5px 0;font-weight:400; padding-bottom: 10px; text-align: left;"> Day </p> </th> <th> <p style="padding:5px 0;font-weight:400; padding-bottom: 10px; text-align: left;"> Month </p> </th> </tr> </tbody> <tbody style="font-size: 12px; font-weight: 700;"> <tr style="border-bottom: 1px dashed #C3C3C3;"> <td><span style="padding-right:7px;"><img src="./Polygon%201.svg" alt=""></span>Bitcoin</td> <td style="text-align:right;padding-right:20px;font-weight:500;">$93,198</td> <td style="padding: 0;"> <p style="padding:5px 0;padding: 8px; margin: 8px 0; width:60px;text-align: center;background-color:#7ed957;border:1px solid #008037;border-radius: 38px;font-size:12px;"> 11.67% </p> </td> <td> <p style="padding:5px 0;padding: 8px; margin: 8px 0; width:60px;text-align: center;background-color:#fbc2b5;border:1px solid #ef323d;border-radius: 38px;font-size:12px;"> 7.41% </p> </td> </tr> </tbody> <tbody style="font-size: 12px; font-weight: 700; margin: 20px 0;"> <tr style="border-bottom:1px dashed #C3C3C3"> <td><span style="padding-right:7px;"><img src="./Polygon%201.svg" alt=""></span>Ether</td> <td style="text-align:right;padding-right:20px;font-weight:500;">$1,808.55</td> <td> <p style="padding:5px 0;padding: 8px; margin: 8px 0; width:60px;text-align: center;background-color:#7ed957;border:1px solid #008037;border-radius: 38px;font-size:12px;"> 12% </p> </td> <td> <p style="padding:5px 0;padding: 8px; margin: 8px 0; width:60px;text-align: center;background-color:#fbc2b5;border:1px solid #ef323d;border-radius: 38px;font-size:12px;"> -9.65% </p> </td> </tr> </tbody> 

                        <tbody style="font-size: 12px; font-weight: 700; margin: 20px 0;">
                        <tr style="border-bottom:1px dashed #C3C3C3">
                        <td><span style="padding-right:7px;"><img src="./Polygon%201.svg" alt=""></span>XRP</td>
                        <td style="text-align:right;padding-right:20px;font-weight:500;">$2.23</td>
                        <td>

<p style="padding:5px 0;padding: 8px; margin: 8px 0; width:60px;text-align: center;background-color:#fbc2b5;border:1px solid #ef323d;border-radius: 38px;font-size:12px;"> -6.73% </p> </td> <td> <p style="padding:5px 0;padding: 8px; margin: 8px 0; width:60px;text-align: center;background-color:#fbc2b5;border:1px solid #ef323d;border-radius: 38px;font-size:12px;"> -5.51% </p> </td> </tr> </tbody> 

                        <tbody style="font-size: 12px; font-weight: 700;">
                        <tr style="border-bottom:1px dashed #C3C3C3; margin-bottom: 20px;">
                        <td><span style="padding-right:7px;"><img src="./Polygon%201.svg" alt=""></span>Solana</td>
                        <td style="text-align:right;padding-right:20px;font-weight:500;">$151.40</td>
                        <td>

<p style="padding:5px 0;padding: 8px; margin: 8px 0; width:60px;text-align: center;background-color:#7ed957;border:1px solid #008037;border-radius: 38px;font-size:12px;"> 7.85% </p> </td> <td> <p style="padding:5px 0;padding: 8px; margin: 8px 0; width:60px;text-align: center;background-color:#7ed957;border:1px solid #008037;border-radius: 38px;font-size:12px;"> 15.4% </p> </td> </tr> </tbody> </table> <div style="width:100%; background-color: transparent; box-sizing:border-box;"> <p style="padding:5px 0;font-style: italic; font-family:'Helvetica Neue', Helvetica, Arial, sans-serif; font-size: 14px; font-weight: 400;"> * Data as of 05.45 AM WAT, April 23, 2025. </p> <div id="share_content" style="width: 100%; background-color: transparent;box-sizing:border-box;padding-bottom:20px;"> <div style="display: table; width: 100%;"> <div style="display: table-cell; vertical-align:middle; text-align: left;"> <a href="https://twitter.com/intent/tweet?url=https://techcabal.com/category/newsletters/tc-daily/" rel="noopener" style="display:inline;width:24px;height:24px;background-color:#eeeeee;text-align:center;vertical-align: middle;border-radius:2px;padding:5px;margin-right: 10px;"><img src="https://techcabal.com/wp-content/uploads/tc/2023/05/Twitter.png" alt="" width="16px" height="auto" style="vertical-align: middle;"></a> <a href="https://www.linkedin.com/shareArticle?mini=true&url=https://techcabal.com/category/newsletters/tc-daily/;summary=&source=" rel="noopener" style="display:inline;width:24px;height:24px;background-color:#eeeeee;text-align:center;vertical-align: middle;border-radius:2px;padding:5px;margin-right: 10px;"><img src="https://techcabal.com/wp-content/uploads/tc/2023/05/LinkedIn.png" alt="" width="16px" height="auto" style="vertical-align: middle;"></a> <a href="https://api.whatsapp.com/send?text=https://techcabal.com/category/newsletters/tc-daily/" rel="noopener" style="display:inline;width:24px;height:24px;background-color:#eeeeee;text-align:center;vertical-align: middle;border-radius:2px;padding:5px;margin-right: 10px;"><img src="https://techcabal.com/wp-content/uploads/tc/2023/05/WhatsApp.png" alt="" width="16px" height="auto" style="vertical-align: middle;"></a> </div> </div> </div>

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<a href="https://lagosinnovates.grantplatform.com"> <img src="https://techcabal.com/wp-content/uploads/tc/2025/03/LSETF-Image-February-25-2024.jpg" width="100%" height="auto" style="object-fit: cover;"></a> <li>Lagos Innovates (LSETF) is offering workspace vouchers to startups in Lagos to ease rising operational costs. Startups can access subsidised co-working spaces with reliable internet, power, and a supportive entrepreneurial community. The program is open to Lagos-based startups looking to reduce overheads and focus on growth. <a href="https://lagosinnovates.grantplatform.com"style="text-decoration: underline; color:#B61313 !important;">Apply now</a>.</li> <li>Village Capital is offering early-stage startups in Africa the chance to join its Greentech Africa 2025 accelerator. The programme supports climate tech ventures building solutions in energy access, sustainable agriculture, circular economy, and related sectors. Selected startups will receive mentorship, investor connections, and capacity-building support. The programme is open to founders based in Africa with market-validated solutions tackling climate challenges. <a href="https://vilcap.com/programs/greentech-africa-2025"style="text-decoration: underline; color:#B61313 !important;">Apply here</a>.</li> <li>AfricArena is inviting founders, investors, and ecosystem builders to its high-energy Lagos Summit on April 30, 2025. Themed around <a href="https://www.africarena.com/the-tour/lagos-summit-2025"style="text-decoration: underline; color:#B61313 !important;">fintech, mobility, and logistics,</a> the summit will feature pitch sessions, networking, and curated discussions with top VCs and startups from across the continent. If you're looking to connect with Africa’s leading tech stakeholders and explore investment and growth opportunities, this is one event you shouldn’t miss. <a href="https://www.africarena.com/the-tour/lagos-summit-2025"style="text-decoration: underline; color:#B61313 !important;">Register here</a>.</li> </div> </div> <div style="width:100%; background-color: transparent; box-sizing:border-box;"> <div style="width:100%;box-sizing:border-box;background-color:transparent;padding:0 12px;text-align:center;height:48px;"> <img src="https://techcabal.com/wp-content/uploads/tc/2024/07/ion-img-1.png" alt="in other news image" width="100%" height="47.76" style="max-width:343px;margin:0 auto -3px;object-fit: cover;"> </div> <div style="background-color: #FAE2E3;padding:16px 32px;"> <ul style="padding-left: 20px;margin:0;font-size:16px;line-height:25.6px;">

<li><a href="https://techcabal.com/2025/04/15/verto-cross-border-money-engine/"style="text-decoration: underline; color:#000000 !important;">Inside Verto’s intercontinental B2B money movement engine</a></li> <li><a href="https://techcabal.com/2025/04/15/south-africas-payments-startup-stitch-raises-55-million-series-b-funding/"style="text-decoration: underline; color:#000000 !important;">South Africa’s payments startup Stitch raises $55 million Series B funding</a></li> <li><a href="https://techcabal.com/2025/04/15/nmg-record-1-9m-loss/"style="text-decoration: underline; color:#000000 !important;">NMG shareholders miss out on dividends after record $1.9 million loss</a></li> <li><a href="https://restofworld.org/2025/starlink-nigeria-internet-elon-musk/"style="text-decoration: underline; color:#000000 !important;">How Starlink took over Africa’s largest internet market</a></li> </ul> </div> </div> 

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                    <p style="padding:5px 0;font-family:Georgia, 'Times New Roman', Times, serif;font-size:12px;color:#ffffff;text-align:left;margin:0 0 3px;padding:0;"><strong>Written by:</strong> Ganiu Oloruntade, Sakhile Dube and Ngozi Chukwu </p>
                    <p style="padding:5px 0;font-family:Georgia, 'Times New Roman', Times, serif;font-size:12px;color:#ffffff;text-align:left;margin:0 0 3px;padding:0;"><strong>Edited by:</strong> Faith Omoniyi and Fuad Lawal</p>
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