{"id":8619,"date":"2026-11-04T09:32:17","date_gmt":"2026-11-04T09:32:17","guid":{"rendered":"https:\/\/globalnigerianews.com\/index.php\/2026\/11\/04\/%f0%9f%91%a8%f0%9f%8f%bf%f0%9f%9a%80techcabal-daily-caireful-what-you-bid-for\/"},"modified":"2026-11-04T09:32:17","modified_gmt":"2026-11-04T09:32:17","slug":"%f0%9f%91%a8%f0%9f%8f%bf%f0%9f%9a%80techcabal-daily-caireful-what-you-bid-for","status":"publish","type":"post","link":"https:\/\/globalnigerianews.com\/index.php\/2026\/11\/04\/%f0%9f%91%a8%f0%9f%8f%bf%f0%9f%9a%80techcabal-daily-caireful-what-you-bid-for\/","title":{"rendered":"\ud83d\udc68\ud83c\udfff\u200d\ud83d\ude80TechCabal Daily \u2013 Caireful what you bid for"},"content":{"rendered":"<div>\n<p>    <meta charset=\"UTF-8\"><br \/>\n    <meta name=\"viewport\" content=\"width=device-width, initial-scale=1.0\"><\/p>\n<div id=\"wrapper\" style=\"width:100%;max-width:600px;background-color: #FFFFFF; color:#000000;font-family:'Helvetica Neue', Helvetica, Arial, sans-serif;text-rendering: optimizeLegibility !important; -webkit-font-smoothing: antialiased !important; margin: 0 auto; padding:17px 0;box-sizing: border-box;\">\n<div class=\"content_date\" id=\"intro\" style=\"box-sizing: border-box; padding: 0 12px 16px; display: table; width: 100%; background-color: white;\">\n<div style=\"display:block; width: 100%; text-align: center;padding-bottom: 24px;\">\n<div style=\"display: block;padding-bottom:24px;\">\n<div style=\"display:table;width: 100%;\">\n                        <img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/globalnigerianews.com\/wp-content\/uploads\/2026\/11\/\ud83d\udc68\ud83c\udfff\u200d\ud83d\ude80TechCabal-Daily-\u2013-Caireful-what-you-bid-for.jpg\" alt=\"\" width=\"100%\" height=\"167\" style=\"object-fit:contain;\">\n                    <\/div>\n<div style=\"display: inline-block;vertical-align: middle;\">\n                        <span style=\"display:inline-block; padding-right: 8px;font-size:10px; font-weight:400;\">In partnership with<\/span>\n                    <\/div>\n<div style=\"display:inline-block;vertical-align: middle;\">\n                        <img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/globalnigerianews.com\/wp-content\/uploads\/2026\/11\/\ud83d\udc68\ud83c\udfff\u200d\ud83d\ude80TechCabal-Daily-\u2013-Caireful-what-you-bid-for-1.jpg\" alt=\"Fincra logo\" width=\"110px\" style=\"display:inline;\">\n                    <\/div>\n<\/p><\/div>\n<div style=\"display:table;width:100%;padding: 12px;box-sizing: border-box;border-bottom:1px solid #18181833;\"><\/div>\n<\/p><\/div>\n<div style=\"width: 100%; padding: 8px; height:47px; font-size: 10px;font-family:'Helvetica Neue', Helvetica, Arial, sans-serif;font-weight: 700; background-color: #fcf8fa; border-radius: 4px; box-sizing:border-box; display: table;\">\n<div style=\"display: table-cell; vertical-align:middle; text-align: left;\">\n                    <a href=\"https:\/\/translate.google.com\/translate?js=n&amp;sl=auto&amp;tl=fr&amp;u=https:\/\/techcabal.com\/2026\/11\/02\/techcabal-daily-opays-ipo-hits-a-wall\/\" style=\"color: #28121f !important\">Lire en Fran\u00e7ais<\/a>\n                <\/div>\n<div style=\"display: table-cell; vertical-align:middle; text-align: right;\">\n                    <a href=\"https:\/\/translate.google.com\/translate?js=n&amp;sl=auto&amp;tl=ar&amp;u=https:\/\/techcabal.com\/2026\/11\/02\/techcabal-daily-opays-ipo-hits-a-wall\/\" style=\"color: #28121f !important\">\u0627\u0642\u0631\u0623 \u0647\u0630\u0627 \u0628\u0627\u0644\u0644\u063a\u0629 \u0627\u0644\u0639\u0631\u0628\u064a\u0629<\/a>\n          <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div id=\"Story1\" style=\"width:100%; background-color: transparent; box-sizing:border-box; padding: 0 12px 16px;\">\n<div style=\"width: 100%;padding-bottom:16px;text-align:left;box-sizing:border-box;\">\n<div style=\"font-family:'Helvetica Neue', Helvetica, Arial, sans-serif;font-weight: 400;font-size:16px;line-height:25.6px;margin-top:0;\">\n<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;\"><strong>Happy mid-week. <img decoding=\"async\" src=\"https:\/\/globalnigerianews.com\/wp-content\/uploads\/2026\/11\/\ud83d\udc68\ud83c\udfff\u200d\ud83d\ude80TechCabal-Daily-\u2013-Caireful-what-you-bid-for-2.jpg\" alt=\"\u2600\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"><\/strong><\/p>\n<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;\">Anthropic is preparing for a massive initial public offering (IPO), potentially on November 16, but it has an expensive problem: keeping up with demand for its AI tools.\u00a0<\/p>\n<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;\">The Claude maker <a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/2130357\/000162828026068676\/anthropicpbc-sx1ax1.htm\" style=\"text-decoration: underline; color: #b61313 !important;\" target=\"_blank\" rel=\"noopener\">earned<\/a> $17 billion in revenue in Q3 2026, yet spent about $10 billion on the computing power needed to run its models. Anthropic now has to convince investors that its fast-growing business can eventually make money without spending so much to keep the lights on.<\/p>\n<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\u2019s get into today\u2019s dispatch.<\/p>\n<div style=\"background-color:#FAE2E3;\n            padding:16px 32px;\n            border-radius:12px;\n            margin:0 12px 10px;\n            box-sizing:border-box;\"><\/p>\n<div style=\"margin:0;\n                font-size:16px;\n                line-height:25.6px;\n                text-align:center;\n                font-weight:400 !important;\"><\/p>\n<p style=\"padding:5px 0;\n                  margin:0;\n                  font-weight:400 !important;\"><br \/>\n           Read smart insights about Francophone Africa\u2019s tech ecosystem\u2014weekly.\n        <\/p>\n<div style=\"text-align:center;margin-top:20px;\">\n<p>            <a href=\"https:\/\/francophone-weekly-by-techcabal.beehiiv.com\/\" style=\"display:inline-block;\n                      color:#ffffff !important;\n                      text-decoration:none;\n                      padding:8px 14px;\n                      border-radius:6px;\n                      background:#F23204;\n                      outline:none;\n                      box-shadow:none;\n                      -webkit-appearance:none;\n                      -moz-appearance:none;\n                      font-weight:400 !important;\" target=\"_blank\" rel=\"noopener\"><br \/>\n                Subscribe<br \/>\n            <\/a><\/p><\/div>\n<\/p><\/div>\n<\/div>\n<div class=\"todays_edition\" style=\"width:100%; background-color: transparent; box-sizing:border-box; text-align:center; padding:0 12px;\">\n    <img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/globalnigerianews.com\/wp-content\/uploads\/2026\/11\/\ud83d\udc68\ud83c\udfff\u200d\ud83d\ude80TechCabal-Daily-\u2013-Caireful-what-you-bid-for-3.jpg\" alt=\"today's edition image\" style=\"width:100%; max-width:343px; height:auto; display:block; margin:0 auto;\">\n<\/div>\n<div style=\"background-color: #FAE2E3;padding:16px 32px;border-radius:12px;margin:0 12px 10px;box-sizing:border-box;\">\n<ul style=\"padding-left: 20px;margin:0;font-size:16px;line-height:25.6px;\">\n<li><a href=\"https:\/\/techcabal.com\/2026\/11\/04\/%F0%9F%91%A8%F0%9F%8F%BF%F0%9F%9A%80techcabal-daily-caireful-what-you-bid-for\/#Story1\" style=\"font-family:Georgia, 'Times New Roman', Times, serif;font-style: normal;font-weight:400;text-decoration:underline  !important;color:#28121F !important;\">Grey secures Nigerian IMTO licence<\/a><\/li>\n<li><a href=\"https:\/\/techcabal.com\/2026\/11\/04\/%F0%9F%91%A8%F0%9F%8F%BF%F0%9F%9A%80techcabal-daily-caireful-what-you-bid-for\/#Story2\" style=\"font-family:Georgia, 'Times New Roman', Times, serif;font-style: normal;font-weight:400;text-decoration:underline  !important;color:#28121F !important;\">Banque du Caire\u2019s underwhelming IPO<\/a><\/li>\n<li><a href=\"https:\/\/techcabal.com\/2026\/11\/04\/%F0%9F%91%A8%F0%9F%8F%BF%F0%9F%9A%80techcabal-daily-caireful-what-you-bid-for\/#Story3\" style=\"font-family:Georgia, 'Times New Roman', Times, serif;font-style: normal;font-weight:400;text-decoration:underline  !important;color:#28121F !important;\">NCBA transfers shares to Nedbank<\/a><\/li>\n<li><a href=\"https:\/\/techcabal.com\/2026\/11\/04\/%F0%9F%91%A8%F0%9F%8F%BF%F0%9F%9A%80techcabal-daily-caireful-what-you-bid-for\/#Story4\" style=\"font-family:Georgia, 'Times New Roman', Times, serif;font-style: normal;font-weight:400;text-decoration:underline  !important;color:#28121F !important;\">Egypt\u2019s Raya eyes digital banking<\/a><\/li>\n<li><a href=\"https:\/\/techcabal.com\/2026\/11\/04\/%F0%9F%91%A8%F0%9F%8F%BF%F0%9F%9A%80techcabal-daily-caireful-what-you-bid-for\/#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>\n<li><a href=\"https:\/\/techcabal.com\/2026\/11\/04\/%F0%9F%91%A8%F0%9F%8F%BF%F0%9F%9A%80techcabal-daily-caireful-what-you-bid-for\/#Story6\" style=\"font-family:Georgia, 'Times New Roman', Times, serif;font-style: normal;font-weight:400;text-decoration:underline  !important;color:#28121F !important;\">Job Openings<\/a><\/li>\n<\/ul>\n<\/div>\n<div id=\"Story1\" style=\"padding:0 12px 16px;box-sizing:border-box;\">\n<div class=\"section_heading\" style=\"width:100%; background-color: transparent;box-sizing:border-box;padding-bottom:12px;\">\n<div id=\"web3\" style=\"width:100%;max-width:115px;height:1px;background-color:#D3D3D3;margin:24px auto; \">\n                    <\/div>\n<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>\n<\/p><\/div>\n<div style=\"width:100%; background-color: transparent; box-sizing:border-box;\">\n<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;\">Grey secures CBN licence to process international transfers into Nigeria<\/h3>\n<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;\">\n<figure style=\"width: 100%;padding-bottom:16px;text-align:left;margin:0\">\n<p><a href=\"https:\/\/techcabal.com\/2026\/09\/28\/class-of-2016\/\"><br \/>\n<img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/globalnigerianews.com\/wp-content\/uploads\/2026\/11\/\ud83d\udc68\ud83c\udfff\u200d\ud83d\ude80TechCabal-Daily-\u2013-Caireful-what-you-bid-for-4.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\">L-R: Idorenyin Obong, CEO Grey. Joseph Femi Aghedo, COO Grey.<br \/>\nImage Source: Grey<\/figcaption><\/figure>\n<p style=\"padding:5px 0;margin:0;\">Grey, a Y Combinator-backed cross-border payments company, has received approval from the Central Bank of Nigeria (CBN) to operate as an International Money Transfer Operator (IMTO). The regulatory nod allows Grey to facilitate inbound transfers from people and businesses abroad to recipients in Nigeria.<\/p>\n<p style=\"padding:5px 0;margin:0;\"><strong>What does this unlock?<\/strong> Under the <a href=\"https:\/\/uubo.org\/wp-content\/uploads\/2024\/07\/An-Overview-of-the-New-CBNs-Measures-to-Enhance-Local-Currency-Liquidity-for-Settlement-of-Diaspora-Remittances-by-IMTOs.pdf\" style=\"text-decoration: underline; color: #b61313 !important;\" target=\"_blank\" rel=\"noopener\">CBN\u2019s 2024 IMTO guidelines<\/a>, the licence will let Grey process inbound transfers, allowing recipients to be paid in naira. The approval covers person-to-person, business-to-person, and business-to-business (B2B) transfers, Grey said. That means it can serve Nigerians receiving money from relatives overseas, professionals being paid by foreign employers, or local businesses receiving payments from international customers.\u00a0<\/p>\n<p style=\"padding:5px 0;margin:0;\">Grey is not the first fintech to get into this business. Nigeria\u2019s IMTO market now counts over 100 CBN-approved operators, including Western Union, MoneyGram, Remitly, Sendwave, and WorldRemit. Nigerian remittance fintechs such as LemFi, Flutterwave, Paga Remit, and Raenest are also targeting the same market.<\/p>\n<p style=\"padding:5px 0;margin:0;\"><strong>Why this matters: <\/strong>Nigeria <a href=\"https:\/\/data.worldbank.org\/indicator\/BX.TRF.PWKR.CD.DT?locations=NG\" style=\"text-decoration: underline; color: #b61313 !important;\" target=\"_blank\" rel=\"noopener\">received about $22.8 billion<\/a> in personal remittances in 2025, according to the World Bank, showing that the opportunity is viable despite the competition. The market remains challenging, with Moniepoint\u2019s decision to <a href=\"https:\/\/techcabal.com\/2026\/08\/25\/moniepoint-phasing-out-monieworld-uk-remittance\/\" style=\"text-decoration: underline; color: #b61313 !important;\">discontinue MonieWorld<\/a> in August showing how difficult it can be to make remittances profitable.<\/p>\n<p style=\"padding:5px 0;margin:0;\">An IMTO licence gives Grey a regulated way to participate more directly in the remittance market and build international payment corridors. It also follows Grey\u2019s <a href=\"https:\/\/techcabal.com\/2026\/10\/29\/grey-paycheck-fx-salary-accounts-moonshot\/\" style=\"text-decoration: underline; color: #b61313 !important;\">launch of Paycheck<\/a>, a new product that lets professionals earning in foreign currencies set aside income in salary accounts, at Moonshot by TechCabal on October 28.<\/p>\n<\/p><\/div>\n<div id=\"share_content\" style=\"width: 100%; background-color: transparent;box-sizing:border-box;\">\n<div style=\"display: table; width: 100%;\">\n<div style=\"display: table-cell; vertical-align:middle; text-align: left;\">\n                               <a href=\"https:\/\/twitter.com\/intent\/tweet?url=https:\/\/techcabal.com\/2026\/09\/25\/techcabal-daily-egypts-biggest-data-grab\/\" 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 decoding=\"async\" loading=\"lazy\" src=\"https:\/\/globalnigerianews.com\/wp-content\/uploads\/2026\/11\/\ud83d\udc68\ud83c\udfff\u200d\ud83d\ude80TechCabal-Daily-\u2013-Caireful-what-you-bid-for-5.jpg\" alt=\"\" width=\"16px\" height=\"auto\" style=\"vertical-align: middle;\"><\/a><br \/>\n                                <a href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&amp;url=https:\/\/techcabal.com\/2026\/09\/25\/techcabal-daily-egypts-biggest-data-grab\/\" 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 decoding=\"async\" loading=\"lazy\" src=\"https:\/\/globalnigerianews.com\/wp-content\/uploads\/2026\/11\/\ud83d\udc68\ud83c\udfff\u200d\ud83d\ude80TechCabal-Daily-\u2013-Caireful-what-you-bid-for-6.jpg\" alt=\"\" width=\"16px\" height=\"auto\" style=\"vertical-align: middle;\"><\/a><br \/>\n                                <a href=\"https:\/\/api.whatsapp.com\/send?text=https:\/\/techcabal.com\/2026\/09\/25\/techcabal-daily-egypts-biggest-data-grab\/\" 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 decoding=\"async\" loading=\"lazy\" src=\"https:\/\/globalnigerianews.com\/wp-content\/uploads\/2026\/11\/\ud83d\udc68\ud83c\udfff\u200d\ud83d\ude80TechCabal-Daily-\u2013-Caireful-what-you-bid-for-7.jpg\" alt=\"\" width=\"16px\" height=\"auto\" style=\"vertical-align: middle;\"><\/a>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div id=\"bizdev1\" style=\"padding:24px 12px;\">\n<div style=\"width:100%;background-color:transparent;box-sizing:border-box;padding:12px;border:0.6px solid #D3D3D3;border-radius:4px;\">\n<h5 style=\"margin:0;padding-top:0;padding-bottom:12px;font-weight:700;font-size:10px;color:#93888F;text-align:center;\">\n            Upgrade your business today<br \/>\n        <\/h5>\n<p>        <a href=\"http:\/\/fincra.com\/\" target=\"_blank\" rel=\"noopener\"><br \/>\n            <img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/c76c7bbc41.mjedge.net\/wp-content\/uploads\/tc\/2026\/10\/image-153.webp\" width=\"100%\" height=\"auto\" style=\"object-fit:cover\" data-iml=\"31270830.700000003\"><br \/>\n        <\/a><\/p>\n<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;font-weight:400 !important;\">Pay with OPay is live on Fincra. Customers approve payments straight from their OPay wallet, and you get confirmation back on your site. Available now for NGN collections! <strong>Upgrade your business today with<strong> <a style=\"text-decoration:underline;color:#b61313 !important;font-weight:400 !important;\" href=\"http:\/\/fincra.com\/\" target=\"_blank\" rel=\"noopener\">Fincra pay with OPay<\/a>.<br \/>\n        <\/strong><\/strong><\/p>\n<\/p><\/div>\n<\/div>\n<div id=\"Story2\" style=\"padding:0 12px 16px;box-sizing:border-box;\">\n<div class=\"section_heading\" style=\"width:100%; background-color: transparent;box-sizing:border-box;padding-bottom:12px;\">\n<div id=\"web3\" style=\"width:100%;max-width:115px;height:1px;background-color:#D3D3D3;margin:24px auto; \">\n                    <\/div>\n<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\">Capital markets<\/h3>\n<\/p><\/div>\n<div style=\"width:100%; background-color: transparent; box-sizing:border-box;\">\n<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;\">Egypt\u2019s Banque du Caire has gone public. But investors aren\u2019t celebrating.<\/h3>\n<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;\">\n<figure style=\"width: 100%;padding-bottom:16px;text-align:left;margin:0\">\n<p><a href=\"https:\/\/techcabal.com\/category\/newsletters\/tc-daily\/\"><br \/>\n<img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/c76c7bbc41.mjedge.net\/wp-content\/uploads\/tc\/2026\/11\/images-39.webp\" 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: EntrepriseAM<\/figcaption><\/figure>\n<p style=\"padding:5px 0;margin:0;\">Imagine throwing a party, having 27 times more people than you invited show up, and still struggling to get anyone excited once the music starts. That\u2019s visually how Egypt\u2019s biggest initial public offering (IPO) in at least a decade went.<\/p>\n<p style=\"padding:5px 0;margin:0;\"><strong>What happened? <\/strong>On November 2, Banque du Caire, one of Egypt\u2019s largest state-owned banks, <a href=\"https:\/\/english.ahram.org.eg\/UI\/Front\/Inner.aspx?NewsContentID=581459\" style=\"text-decoration: underline; color: #b61313 !important;\" target=\"_blank\" rel=\"noopener\">listed<\/a> on the Egyptian Exchange (EGX) after its parent company, Banque Misr, <a href=\"https:\/\/techcabal.com\/2026\/10\/19\/%F0%9F%91%A8%F0%9F%8F%BF%F0%9F%9A%80techcabal-daily-a-bigger-piece-of-cairo\/\" style=\"text-decoration: underline; color: #b61313 !important;\">sold a 45% stake<\/a> for $658 million.<\/p>\n<p style=\"padding:5px 0;margin:0;\"><strong>Investors came in droves.<\/strong> Institutional investors placed orders worth nearly six times the available shares, while retail investors requested 27 times their allocation. But shares of Banque du Caire, Egypt\u2019s sixth-largest commercial bank, <a href=\"https:\/\/enterpriseam.com\/egypt\/issues\/banque-du-caire-lists-treasury-takes-up-to-half-of-proceeds\/#730122\" style=\"text-decoration: underline; color: #b61313 !important;\" target=\"_blank\" rel=\"noopener\">ended their first trading day<\/a> just 0.19% above the offer price. Not quite the grand entrance.<\/p>\n<p style=\"padding:5px 0;margin:0;\"><strong>Explain like I\u2019m new here:<\/strong> An IPO is when a company sells shares to public investors for the first time. When demand exceeds the number of shares available, it\u2019s called oversubscription. But high demand doesn\u2019t guarantee that a company\u2019s shares will rise once trading begins.<\/p>\n<p style=\"padding:5px 0;margin:0;\"><strong>Why the slow start?<\/strong> Banque du Caire\u2019s shares were priced at their estimated fair value, leaving little room for quick gains. And with Egyptian treasury bills offering yields above 20%, investors had other places to park their money.<\/p>\n<p style=\"padding:5px 0;margin:0;\"><strong>Zoom out:<\/strong> Egypt isn\u2019t selling its banks just for the applause. The government plans to use up to half the IPO proceeds, about $329 million, to reduce public debt as it pushes ahead with a state privatisation programme tied to its International Monetary Fund (IMF) commitments.<\/p>\n<p style=\"padding:5px 0;margin:0;\">Egypt <a href=\"https:\/\/almanassa.com\/en\/news\/24250\" style=\"text-decoration: underline; color: #b61313 !important;\" target=\"_blank\" rel=\"noopener\">hopes to raise<\/a> between $3 billion and $4 billion from state asset sales before year-end. Banque du Caire has shown that investors will come to the party. Making them stay may require better bargains.<\/p>\n<\/p><\/div>\n<div id=\"share_content\" style=\"width: 100%; background-color: transparent;box-sizing:border-box;\">\n<div style=\"display: table; width: 100%;\">\n<div style=\"display: table-cell; vertical-align:middle; text-align: left;\">\n                               <a href=\"https:\/\/twitter.com\/intent\/tweet?url=https:\/\/techcabal.com\/2026\/09\/25\/techcabal-daily-egypts-biggest-data-grab\/\" 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 decoding=\"async\" loading=\"lazy\" src=\"https:\/\/globalnigerianews.com\/wp-content\/uploads\/2026\/11\/\ud83d\udc68\ud83c\udfff\u200d\ud83d\ude80TechCabal-Daily-\u2013-Caireful-what-you-bid-for-5.jpg\" alt=\"\" width=\"16px\" height=\"auto\" style=\"vertical-align: middle;\"><\/a><br \/>\n                                <a href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&amp;url=https:\/\/techcabal.com\/2026\/09\/25\/techcabal-daily-egypts-biggest-data-grab\/\" 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 decoding=\"async\" loading=\"lazy\" src=\"https:\/\/globalnigerianews.com\/wp-content\/uploads\/2026\/11\/\ud83d\udc68\ud83c\udfff\u200d\ud83d\ude80TechCabal-Daily-\u2013-Caireful-what-you-bid-for-6.jpg\" alt=\"\" width=\"16px\" height=\"auto\" style=\"vertical-align: middle;\"><\/a><br \/>\n                                <a href=\"https:\/\/api.whatsapp.com\/send?text=https:\/\/techcabal.com\/2026\/09\/25\/techcabal-daily-egypts-biggest-data-grab\/\" 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 decoding=\"async\" loading=\"lazy\" src=\"https:\/\/globalnigerianews.com\/wp-content\/uploads\/2026\/11\/\ud83d\udc68\ud83c\udfff\u200d\ud83d\ude80TechCabal-Daily-\u2013-Caireful-what-you-bid-for-7.jpg\" alt=\"\" width=\"16px\" height=\"auto\" style=\"vertical-align: middle;\"><\/a>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div id=\"Story3\" style=\"padding:0 12px;box-sizing:border-box;\">\n<div class=\"section_heading\" style=\"width:100%; background-color: transparent;box-sizing:border-box;padding-bottom:12px;\">\n<div id=\"web3\" style=\"width:100%;max-width:115px;height:1px;background-color:#D3D3D3;margin:24px auto; \">\n                    <\/div>\n<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;\">M&amp;A<\/h3>\n<\/p><\/div>\n<div style=\"width:100%; background-color: transparent; box-sizing:border-box;\">\n<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\u2019s NCBA transfers shares to acquirer, South Africa\u2019s Nedbank<\/h3>\n<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;\">\n<figure style=\"width: 100%;padding-bottom:16px;text-align:left;margin:0\">\n<p>                        <a href=\"https:\/\/techcabal.com\/category\/newsletters\/tc-daily\/\"><br \/>\n                             <img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/globalnigerianews.com\/wp-content\/uploads\/2026\/11\/\ud83d\udc68\ud83c\udfff\u200d\ud83d\ude80TechCabal-Daily-\u2013-Caireful-what-you-bid-for-8.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: TechCabal<\/figcaption><\/figure>\n<p style=\"padding:5px 0;margin:0;\">South Africa\u2019s Nedbank has finally collected the keys to one of Kenya\u2019s biggest banks. And the deal has sent Nairobi\u2019s stock market into overdrive.<\/p>\n<p style=\"padding:5px 0;margin:0;\"><strong>What\u2019s buzzing?<\/strong> On Tuesday, Nedbank <a href=\"https:\/\/www.businessdailyafrica.com\/bd\/corporate\/companies\/ncba-transfers-66pc-stake-to-nedbank-group-5657400\" style=\"text-decoration: underline; color: #b61313 !important;\" target=\"_blank\" rel=\"noopener\">completed the final step<\/a> in its acquisition of a 66% stake in NCBA Group after 1.087 billion shares were transferred on the Nairobi Securities Exchange (NSE). The transaction pushed the exchange\u2019s daily trading value to KES 107.7 billion ($830 million).<\/p>\n<p style=\"padding:5px 0;margin:0;\"><strong>Explain like I\u2019m new here.<\/strong> In January, Nedbank <a href=\"https:\/\/techcabal.com\/2026\/01\/21\/nedbank-targets-kenyas-ncba-with-856m-takeover-bid\/\" style=\"text-decoration: underline; color: #b61313 !important;\">announced plans<\/a> to buy a controlling stake in NCBA, Kenya\u2019s fifth-largest bank by assets, as it sought to expand its business in East Africa. After months of regulatory approvals and shareholder negotiations, the acquisition is now finalised. NCBA will keep its name, management, and stock market listing, but Nedbank now has the biggest say in its strategic direction.<\/p>\n<p style=\"padding:5px 0;margin:0;\"><strong>What\u2019s the deal?<\/strong> Nedbank is paying 80% of the purchase price in its own shares and the remaining 20% in cash. Participating NCBA shareholders are exchanging part of their ownership in the Kenyan bank for a stake in its new South African lender.<\/p>\n<p style=\"padding:5px 0;margin:0;\"><strong>Zoom out:<\/strong> When one publicly listed bank buys another, the challenge isn\u2019t always finding the money. It\u2019s convincing shareholders that the deal is worth their shares. Just ask Spain\u2019s BBVA, whose \u20ac16.3 billion ($18.2 billion) bid to acquire fellow-listed Banco Sabadell <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-10-16\/bbva-s-sabadell-takeover-bid-fails-in-blow-to-chairman-torres\" style=\"text-decoration: underline; color: #b61313 !important;\" target=\"_blank\" rel=\"noopener\">collapsed<\/a> in October 2025 after shareholders representing only 25.47% of voting rights accepted its offer.<\/p>\n<p style=\"padding:5px 0;margin:0;\">Nedbank has had better luck, securing its targeted 66% stake in NCBA, with some shareholders <a href=\"https:\/\/techcabal.com\/2026\/07\/22\/techcabal-daily-bvnk-once-for-stablecoins\/#Story2\" style=\"text-decoration: underline; color: #b61313 !important;\">offering more shares<\/a> than it needed. But with 80% of the purchase price paid in Nedbank shares, participating NCBA investors are now betting on the South African lender\u2019s future, too. The acquisition is settled, but whether it pays off is another story.<\/p>\n<div id=\"share_content\" style=\"width: 100%; background-color: transparent;box-sizing:border-box;\">\n<div style=\"display: table; width: 100%;\">\n<div style=\"display: table-cell; vertical-align:middle; text-align: left;\">\n                                  <a href=\"https:\/\/twitter.com\/intent\/tweet?url=https:\/\/techcabal.com\/2026\/09\/25\/techcabal-daily-egypts-biggest-data-grab\/\" 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 decoding=\"async\" loading=\"lazy\" src=\"https:\/\/globalnigerianews.com\/wp-content\/uploads\/2026\/11\/\ud83d\udc68\ud83c\udfff\u200d\ud83d\ude80TechCabal-Daily-\u2013-Caireful-what-you-bid-for-5.jpg\" alt=\"\" width=\"16px\" height=\"auto\" style=\"vertical-align: middle;\"><\/a><br \/>\n                                <a href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&amp;url=https:\/\/techcabal.com\/2026\/09\/25\/techcabal-daily-egypts-biggest-data-grab\/;summary=&amp;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 decoding=\"async\" loading=\"lazy\" src=\"https:\/\/globalnigerianews.com\/wp-content\/uploads\/2026\/11\/\ud83d\udc68\ud83c\udfff\u200d\ud83d\ude80TechCabal-Daily-\u2013-Caireful-what-you-bid-for-6.jpg\" alt=\"\" width=\"16px\" height=\"auto\" style=\"vertical-align: middle;\"><\/a><br \/>\n                                <a href=\"https:\/\/api.whatsapp.com\/send?text=https:\/\/techcabal.com\/2026\/09\/25\/techcabal-daily-egypts-biggest-data-grab\/\" 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 decoding=\"async\" loading=\"lazy\" src=\"https:\/\/globalnigerianews.com\/wp-content\/uploads\/2026\/11\/\ud83d\udc68\ud83c\udfff\u200d\ud83d\ude80TechCabal-Daily-\u2013-Caireful-what-you-bid-for-7.jpg\" alt=\"\" width=\"16px\" height=\"auto\" style=\"vertical-align: middle;\"><\/a>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div id=\"Story4\" style=\"padding:0 12px;box-sizing:border-box;\">\n<div class=\"section_heading\" style=\"width:100%; background-color: transparent;box-sizing:border-box;padding-bottom:12px;\">\n<div id=\"web3\" style=\"width:100%;max-width:115px;height:1px;background-color:#D3D3D3;margin:24px auto; \">\n                    <\/div>\n<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;\">Banking<\/h3>\n<\/p><\/div>\n<div style=\"width:100%; background-color: transparent; box-sizing:border-box;\">\n<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;\">Egypt\u2019s Raya Holding plans digital bank through fintech subsidiary<\/h3>\n<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;\">\n<figure style=\"width: 100%;padding-bottom:16px;text-align:left;margin:0\">\n<p>                        <a href=\"https:\/\/techcabal.com\/category\/newsletters\/tc-daily\/\"><br \/>\n                             <img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/c76c7bbc41.mjedge.net\/wp-content\/uploads\/tc\/2026\/11\/images-40.webp\" 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: Tenor<\/figcaption><\/figure>\n<p style=\"padding:5px 0;margin:0;\">Raya Holding, an Egyptian investment company, has <a href=\"https:\/\/itweb.africa\/article\/raya-confirms-egypt-digital-bank-plans\/O2rQGMAEWYnMd1ea\" style=\"text-decoration: underline; color: #b61313 !important;\" target=\"_blank\" rel=\"noopener\">confirmed plans<\/a> to launch a digital bank through Aman Holding, its financial services subsidiary, in partnership with international investors.\u00a0<\/p>\n<p style=\"padding:5px 0;margin:0;\">The company disclosed the plan to the Egyptian Exchange on Monday. It is still preparing the feasibility studies and documents required to apply to the Central Bank of Egypt (CBE). It has not named its prospective partners or disclosed the bank\u2019s proposed capital, launch date, or operating model.<\/p>\n<p style=\"padding:5px 0;margin:0;\"><strong>Explain like I\u2019m new here:<\/strong> Raya has been listed on the Egyptian Exchange (EGX) since 2005; it operates across technology, retail, manufacturing, logistics, hospitality, and financial services. Aman, its financial services arm established in 2016, offers digital payments, consumer financing, microfinance, agent banking, and SME financing. It has more than <a href=\"https:\/\/aman.eg\/en\/home\/\" style=\"text-decoration: underline; color: #b61313 !important;\" target=\"_blank\" rel=\"noopener\">150,000 point-of-sale (PoS)<\/a> terminals and more than 250 branches. In H1 2026, Aman <a href=\"https:\/\/rayacorp.com\/raya-holding-announces-h1-2026-financial-results-reporting-egp-33-8-billion-in-revenues-and-22-year-on-year-growth\/\" style=\"text-decoration: underline; color: #b61313 !important;\" target=\"_blank\" rel=\"noopener\">generated EGP 5.4 billion<\/a> ($97.6 million) in revenue, up 38% year-on-year.<\/p>\n<p style=\"padding:5px 0;margin:0;\"><strong>Egypt\u2019s digital banking race is taking shape: <\/strong>Egypt has been laying the groundwork since 2023, when the CBE <a href=\"https:\/\/www.cbe.org.eg\/en\/news-publications\/news\/2023\/07\/12\/14\/38\/press-release-12-july-23\" style=\"text-decoration: underline; color: #b61313 !important;\" target=\"_blank\" rel=\"noopener\">introduced rules for digital banks<\/a>. Applicants need at least EGP 2 billion ($36 million) in paid-up capital to conduct general banking activities, rising to EGP 4 billion ($72.3 million) if they want to finance large companies. The regulator also requires a financial institution to hold at least 30% of the bank\u2019s capital.\u00a0<\/p>\n<p style=\"padding:5px 0;margin:0;\">In March, Onebank, backed by state-owned Banque Misr, <a href=\"https:\/\/launchbaseafrica.com\/2026\/03\/10\/onebank-egypts-114m-state-backed-digital-challenger-gets-the-final-green-light\/\" style=\"text-decoration: underline; color: #b61313 !important;\" target=\"_blank\" rel=\"noopener\">secured an operating licence<\/a>. Qatar National Bank (QNB), one of the Middle East and Africa\u2019s largest banking groups, also <a href=\"https:\/\/www.qnb.com\/sites\/qnb\/qnbglobal\/en\/08102025news\" style=\"text-decoration: underline; color: #b61313 !important;\" target=\"_blank\" rel=\"noopener\">received CBE approval<\/a> in October 2025 for its digital-first bank, ezbank\u00a0<\/p>\n<p style=\"padding:5px 0;margin:0;\">Egypt\u2019s financial inclusion rate <a href=\"https:\/\/www.cbe.org.eg\/en\/news-publications\/news\/2026\/02\/17\/14\/44\/financial-inclusion-2026\" style=\"text-decoration: underline; color: #b61313 !important;\" target=\"_blank\" rel=\"noopener\">reached 77.6% <\/a>by the end of 2025. The opportunity lies in getting customers to do more with their digital accounts, including accessing credit or savings products.<\/p>\n<div id=\"share_content\" style=\"width: 100%; background-color: transparent;box-sizing:border-box;\">\n<div style=\"display: table; width: 100%;\">\n<div style=\"display: table-cell; vertical-align:middle; text-align: left;\">\n                                  <a href=\"https:\/\/twitter.com\/intent\/tweet?url=https:\/\/techcabal.com\/2026\/09\/25\/techcabal-daily-egypts-biggest-data-grab\/\" 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 decoding=\"async\" loading=\"lazy\" src=\"https:\/\/globalnigerianews.com\/wp-content\/uploads\/2026\/11\/\ud83d\udc68\ud83c\udfff\u200d\ud83d\ude80TechCabal-Daily-\u2013-Caireful-what-you-bid-for-5.jpg\" alt=\"\" width=\"16px\" height=\"auto\" style=\"vertical-align: middle;\"><\/a><br \/>\n                                <a href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&amp;url=https:\/\/techcabal.com\/2026\/09\/25\/techcabal-daily-egypts-biggest-data-grab\/;summary=&amp;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 decoding=\"async\" loading=\"lazy\" src=\"https:\/\/globalnigerianews.com\/wp-content\/uploads\/2026\/11\/\ud83d\udc68\ud83c\udfff\u200d\ud83d\ude80TechCabal-Daily-\u2013-Caireful-what-you-bid-for-6.jpg\" alt=\"\" width=\"16px\" height=\"auto\" style=\"vertical-align: middle;\"><\/a><br \/>\n                                <a href=\"https:\/\/api.whatsapp.com\/send?text=https:\/\/techcabal.com\/2026\/09\/25\/techcabal-daily-egypts-biggest-data-grab\/\" 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 decoding=\"async\" loading=\"lazy\" src=\"https:\/\/globalnigerianews.com\/wp-content\/uploads\/2026\/11\/\ud83d\udc68\ud83c\udfff\u200d\ud83d\ude80TechCabal-Daily-\u2013-Caireful-what-you-bid-for-7.jpg\" alt=\"\" width=\"16px\" height=\"auto\" style=\"vertical-align: middle;\"><\/a>\n                            <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div id=\"Story5\" style=\"padding:0 12px;box-sizing:border-box;\">\n<div class=\"section_heading\" style=\"width:100%; background-color: transparent;box-sizing:border-box;padding-bottom:12px;\">\n<div id=\"crypto_tracker\" style=\"width:100%;max-width:115px;height:1px;background-color:#D3D3D3;margin:24px auto; \">\n                    <\/div>\n<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>\n<\/p><\/div>\n<div style=\"width:100%; background-color: transparent; box-sizing:border-box;\">\n<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>\n<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;\">\n<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;\">\n<p style=\"padding:5px 0;display: table-cell; vertical-align: middle; text-align:left;\">Source:<\/p>\n<p>                            <span style=\"display: table-cell; vertical-align:middle; text-align: right;\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/globalnigerianews.com\/wp-content\/uploads\/2026\/11\/\ud83d\udc68\ud83c\udfff\u200d\ud83d\ude80TechCabal-Daily-\u2013-Caireful-what-you-bid-for-9.jpg\" alt=\"CoinMarketCap logo\" style=\"width:96px; height: auto;\"><\/span>\n                        <\/div>\n<table style=\"width: 100%; font-family:'Helvetica Neue', Helvetica, Arial, sans-serif; border-collapse: collapse;\">\n<colgroup>\n<col span=\"1\" style=\"width: 25%;\">\n<col span=\"1\" style=\"width: 25%;\">\n<col span=\"1\" style=\"width: 25%;\">\n<col span=\"1\" style=\"width: 25%;\">\n                            <\/colgroup>\n<tbody style=\"font-size: 12px; font-weight: 400; line-height: 15px;\">\n<tr style=\" width: 100%; border-bottom:1px dashed #C3C3C3; padding: 20px;\">\n<th>\n<p style=\"padding:5px 0;font-weight:400; padding-bottom: 10px; text-align: left;\">\n                            Coin Name\n                            <\/p>\n<\/th>\n<th>\n<p style=\"padding:5px 0;font-weight:400; padding-bottom: 10px; text-align: left;\">\n                            Current Value\n                            <\/p>\n<\/th>\n<th>\n<p style=\"padding:5px 0;font-weight:400; padding-bottom: 10px; text-align: left;\">\n                            Day\n                            <\/p>\n<\/th>\n<th>\n<p style=\"padding:5px 0;font-weight:400; padding-bottom: 10px; text-align: left;\">\n                            Month\n                            <\/p>\n<\/th>\n<\/tr>\n<\/tbody>\n<tbody style=\"font-size: 12px; font-weight: 700;\">\n<tr style=\"border-bottom: 1px dashed #C3C3C3;\">\n<td><span style=\"padding-right:7px\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/techcabal.com\/2026\/11\/04\/\ud83d\udc68\ud83c\udfff\ud83d\ude80techcabal-daily-caireful-what-you-bid-for\/Polygon 1.svg\" alt=\"\"><\/span>Bitcoin<\/td>\n<td style=\"text-align:right;padding-right:20px;font-weight:500\">$77,646<\/td>\n<td style=\"padding: 0\">\n<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\">                                      + 1.34%                                  <\/p>\n<\/td>\n<td>\n<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\">                                        \u2013 9.34%\n                                    <\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<tbody style=\"font-size: 12px;font-weight: 700;margin: 20px 0\">\n<tr style=\"border-bottom:1px dashed #C3C3C3\">\n<td><span style=\"padding-right:7px\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/techcabal.com\/2026\/11\/04\/\ud83d\udc68\ud83c\udfff\ud83d\ude80techcabal-daily-caireful-what-you-bid-for\/Polygon 1.svg\" alt=\"\"><\/span>Ether<\/td>\n<td style=\"text-align:right;padding-right:20px;font-weight:500\">$2,294<\/td>\n<td>\n<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\">                                 + 2.08%\n                                    <\/p>\n<\/td>\n<td>\n<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\">                                        \u2013 15.20%\n                                    <\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<tbody style=\"font-size: 12px;font-weight: 700;margin: 20px 0\">\n<tr style=\"border-bottom:1px dashed #C3C3C3\">\n<td><span style=\"padding-right:7px\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/techcabal.com\/2026\/11\/04\/\ud83d\udc68\ud83c\udfff\ud83d\ude80techcabal-daily-caireful-what-you-bid-for\/Polygon 1.svg\" alt=\"\"><\/span>ZIG Finance<\/td>\n<td style=\"text-align:right;padding-right:20px;font-weight:500\">$0.04044<\/td>\n<td>\n<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\">\n                                      \u2013 1.58%\n                                    <\/p>\n<\/td>\n<td>\n<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\">                                         \u2013 29.18%\n                                    <\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<tbody style=\"font-size: 12px;font-weight: 700\">\n<tr style=\"border-bottom:1px dashed #C3C3C3;margin-bottom: 20px\">\n<td><span style=\"padding-right:7px\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/techcabal.com\/2026\/11\/04\/\ud83d\udc68\ud83c\udfff\ud83d\ude80techcabal-daily-caireful-what-you-bid-for\/Polygon 1.svg\" alt=\"\"><\/span>Solana<\/td>\n<td style=\"text-align:right;padding-right:20px;font-weight:500\">$92.75<\/td>\n<td>\n<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\">      + 1.24%\n                                    <\/p>\n<\/td>\n<td>\n<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\">                                        + 1.19%\n                                    <\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<div style=\"width:100%;background-color: transparent\">\n<p style=\"padding:5px 0;font-style: italic;font-family:'Helvetica Neue', Helvetica, Arial, sans-serif;font-size: 14px;font-weight: 400\">\n                            * Data as of 06.45 AM WAT, November 4, 2026.\n                    <\/p>\n<div id=\"share_content\" style=\"width: 100%; background-color: transparent;box-sizing:border-box;padding-bottom:20px;\">\n<div style=\"display: table; width: 100%;\">\n<div style=\"display: table-cell; vertical-align:middle; text-align: left;\">\n                            <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 decoding=\"async\" loading=\"lazy\" src=\"https:\/\/globalnigerianews.com\/wp-content\/uploads\/2026\/11\/\ud83d\udc68\ud83c\udfff\u200d\ud83d\ude80TechCabal-Daily-\u2013-Caireful-what-you-bid-for-5.jpg\" alt=\"\" width=\"16px\" height=\"auto\" style=\"vertical-align: middle;\"><\/a><br \/>\n                                <a href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&amp;url=https:\/\/techcabal.com\/category\/newsletters\/tc-daily\/;summary=&amp;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 decoding=\"async\" loading=\"lazy\" src=\"https:\/\/globalnigerianews.com\/wp-content\/uploads\/2026\/11\/\ud83d\udc68\ud83c\udfff\u200d\ud83d\ude80TechCabal-Daily-\u2013-Caireful-what-you-bid-for-6.jpg\" alt=\"\" width=\"16px\" height=\"auto\" style=\"vertical-align: middle;\"><\/a><br \/>\n                                <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 decoding=\"async\" loading=\"lazy\" src=\"https:\/\/globalnigerianews.com\/wp-content\/uploads\/2026\/11\/\ud83d\udc68\ud83c\udfff\u200d\ud83d\ude80TechCabal-Daily-\u2013-Caireful-what-you-bid-for-7.jpg\" alt=\"\" width=\"16px\" height=\"auto\" style=\"vertical-align: middle;\"><\/a>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div id=\"Story7\" style=\"padding:0 12px;box-sizing:border-box;\">\n<div class=\"section_heading\" style=\"width:100%; background-color: transparent;box-sizing:border-box;padding-bottom:12px;\">\n<div id=\"financial_education\" style=\"width:100%;max-width:115px;height:1px;background-color:#D3D3D3;margin:24px auto; \">\n                    <\/div>\n<div style=\"background-image:url(https:\/\/c76c7bbc41.mjedge.net\/wp-content\/uploads\/tc\/2024\/07\/credits-tcd-bg.png);background-repeat:no-repeat;max-width:343px;margin:0 auto;min-height:53px;padding: 12px 12px 0px 7px;background-size: cover;background-position: right center;\">\n<h3 style=\"padding:0;width:100%;font-family:Georgia, 'Times New Roman', Times, serif;font-weight:700;font-size:16px;color:#FFFFFF;line-height:23.1px;text-align: left;margin:0;text-transform:uppercase;\">Job Openings<\/h3>\n<\/p><\/div>\n<div style=\"background-color:#F4FFF9;padding:16px 32px;\">\n<ul style=\"padding-left: 20px;margin:0;font-family:Georgia, 'Times New Roman', Times, serif;font-weight:400;font-size:16px;line-height:25.6px;\">\n<li>Sparkle Nigeria \u2014 <a href=\"https:\/\/lnkd.in\/p\/e_pJZkEM\" style=\"text-decoration: underline; color: #b61313 !important;\" target=\"_blank\" rel=\"noopener\">Business Growth Manager<\/a> \u2014 Lagos, Nigeria<\/li>\n<li><strong>Tech Safari<\/strong> \u2014 <a href=\"https:\/\/jobs.ashbyhq.com\/talentsafari\/f614a073-8a84-493a-b9ef-eec34d723fee?departmentId=1e67a372-bcfb-47c4-a598-0724c918b4cd\" style=\"text-decoration: underline; color: #b61313 !important;\" target=\"_blank\" rel=\"noopener\">Content Lead<\/a> \u2014 Nairobi, Kenya, and Abuja, Nigeria (remote, anywhere in Africa)<\/li>\n<li><strong>CredPal \u2014<\/strong> <a href=\"https:\/\/credpal.zohorecruit.com\/jobs\/Careers\/712621000008581001\/Credit-Underwriter?source=LinkedIn-Basic&amp;embedsource=LinkedIn%2BLimited%2BListings\" style=\"text-decoration: underline; color: #b61313 !important;\" target=\"_blank\" rel=\"noopener\">Credit Underwriter<\/a> \u2014 Lagos, Nigeria<\/li>\n<li><strong>Pesa \u2014<\/strong> <a href=\"https:\/\/app.dover.com\/apply\/pesa\/43357bb5-7676-4b35-94db-4fae7dcc6d51\" style=\"text-decoration: underline; color: #b61313 !important;\" target=\"_blank\" rel=\"noopener\">Social &amp; Influencer Marketing Manager<\/a> \u2014 Remote (Nigeria)<\/li>\n<li><strong>Bamboo<\/strong> \u2014 <a href=\"https:\/\/bamboo.teamtailor.com\/jobs\/8585858-product-manager-misan\/40ea3800-2902-410a-8f4a-f28e464207c5\" style=\"text-decoration: underline; color: #b61313 !important;\" target=\"_blank\" rel=\"noopener\">Product Manager (Misan)<\/a> \u2014 Hybrid (Lagos, Nigeria)<\/li>\n<li><strong>\u00c0ngeles Sostenibles \u2014<\/strong> <a href=\"https:\/\/www.tezera.ai\/j\/operations-associate-186ad3?utm_source=linkedin\" style=\"text-decoration: underline; color: #b61313 !important;\" target=\"_blank\" rel=\"noopener\">Operations Associate<\/a> \u2014 Abuja, Nigeria<\/li>\n<li><strong>Coinomad<\/strong> \u2014 <a href=\"https:\/\/lnkd.in\/p\/eqnViyxd\" style=\"text-decoration: underline; color: #b61313 !important;\" target=\"_blank\" rel=\"noopener\">Sales Manager, Business Development Manager<\/a> \u2014 Nigeria<\/li>\n<li><strong>Sumsub<\/strong> \u2014 <a href=\"https:\/\/careers.sumsub.com\/jobs\/8432577-senior-anti-fraud-analyst\" style=\"text-decoration: underline; color: #b61313 !important;\" target=\"_blank\" rel=\"noopener\">Senior Anti-Fraud Analyst<\/a> \u2014 Remote (anywhere)<\/li>\n<li><strong>AfriChange<\/strong> \u2014 <a href=\"https:\/\/afteam.bamboohr.com\/careers\/158\" style=\"text-decoration: underline; color: #b61313 !important;\" target=\"_blank\" rel=\"noopener\">Compliance Specialist<\/a> \u2014 Remote (Nigeria)<\/li>\n<li><strong>Scouthappy<\/strong> \u2014 <a href=\"https:\/\/www.scouthappy.com\/scouthappy-partner\/jobs\/growth-lead-consumer-fintech-product\" style=\"text-decoration: underline; color: #b61313 !important;\" target=\"_blank\" rel=\"noopener\">Growth Lead for Fintech (Stocks)<\/a> \u2014 Remote (Nigeria)<\/li>\n<li><strong>Daya<\/strong> \u2014 <a href=\"https:\/\/docs.google.com\/forms\/d\/e\/1FAIpQLSe1LebtN2DZk2yJZ6xwwX2Aw62vJG4G8OA918xB9VqJgs6ijg\/viewform\" style=\"text-decoration: underline; color: #b61313 !important;\" target=\"_blank\" rel=\"noopener\">Growth Product Manager (Daya Coins)<\/a> \u2014 Remote (Nigeria)<\/li>\n<li><strong>Qore<\/strong> \u2014 <a href=\"https:\/\/careers.qore.inc\/jobs\/Qore-Careers\/284302000033731008\/Manager-Site-Reliability-Engineering?source=CareerSite\" style=\"text-decoration: underline; color: #b61313 !important;\" target=\"_blank\" rel=\"noopener\">Site Reliability Engineering (SRE) Manager<\/a> \u2014 Lagos, Nigeria<\/li>\n<li><strong>Afreximbank<\/strong> \u2014 <a href=\"https:\/\/apply.workable.com\/afreximbank\/j\/A424364E0D\/\" style=\"text-decoration: underline; color: #b61313 !important;\" target=\"_blank\" rel=\"noopener\">Student and Postgraduate Internship<\/a> \u2014 Cairo, Egypt<\/li>\n<\/ul>\n<p>Looking for more opportunities? There are additional openings on <a href=\"https:\/\/techcabal.com\/jobs\/\" style=\"text-decoration: underline; color: #b61313 !important;\">TechCabal\u2019s job board<\/a>. We\u2019ve also cleared out outdated listings to keep opportunities fresh for job seekers. If you\u2019re hiring and would like to feature an open role, <a href=\"https:\/\/airtable.com\/appDvWcKaWHi0Eykv\/pagpd4W3QYjBJObZn\/form\" style=\"text-decoration: underline; color: #b61313 !important;\" target=\"_blank\" rel=\"noopener\">please submit it via this form<\/a>.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div style=\"width:100%; background-color: transparent; box-sizing:border-box; text-align:center; padding:0 12px;\">\n  <img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/globalnigerianews.com\/wp-content\/uploads\/2026\/11\/\ud83d\udc68\ud83c\udfff\u200d\ud83d\ude80TechCabal-Daily-\u2013-Caireful-what-you-bid-for-10.jpg\" alt=\"in other news image\" style=\"width:100%; max-width:343px; height:auto; display:block; margin:0 auto;\">\n<\/div>\n<div style=\"background-color:#FAE2E3;padding:16px 32px;\">\n<ul style=\"padding-left:20px;margin:0;font-size:16px;line-height:25.6px;font-weight:400 !important;\">\n<li>\n<a href=\"https:\/\/c76c7bbc41.mjedge.net\/wp-content\/uploads\/tc\/2026\/11\/images-40.webp\" style=\"text-decoration:underline;color:#000000 !important;font-weight:400 !important;\">How Jumia is courting C\u00f4te d\u2019Ivoire\u2019s informal retail market<\/a>\n<\/li>\n<li>\n<a href=\"https:\/\/techcabal.com\/2026\/11\/03\/south-africa-agoa-fallout-us-startups\/\" style=\"text-decoration:underline;color:#000000 !important;font-weight:400 !important;\">South Africa\u2019s AGOA troubles could reach beyond exporters to its startups<\/a><\/li>\n<li>\n<a href=\"https:\/\/techcabal.com\/2026\/11\/03\/airtel-nigeria-1bn-revenue-since-2022\/\" style=\"text-decoration:underline;color:#000000 !important;font-weight:400 !important;\">Airtel Nigeria\u2019s $1 billion comeback comes with a growing mobile money business<\/a>\n<\/li>\n<\/ul>\n<\/div>\n<div style=\"width:100%; background-color: transparent; box-sizing:border-box;\">\n<div style=\"width:100%;box-sizing:border-box;background-color:transparent;padding:0 12px;text-align:center;\">\n<div style=\"background-image:url(https:\/\/c76c7bbc41.mjedge.net\/wp-content\/uploads\/tc\/2024\/07\/credits-tcd-bg.png);background-repeat:no-repeat;max-width:343px;margin:0 auto;min-height:53px;padding:12px 12px 0px 7px;background-size:cover;background-position:right center;\">\n<p style=\"padding:0;font-family:Georgia, 'Times New Roman', Times, serif;font-size:12px;font-weight:400;color:#ffffff;text-align:left;margin:0 0 3px;\">\n<strong>Written by:<\/strong> Yemi Kareem and Emmanuel Nwosu<\/p>\n<p style=\"padding:0;font-family:Georgia, 'Times New Roman', Times, serif;font-size:12px;font-weight:400;color:#ffffff;text-align:left;margin:0 0 3px;\">\n<strong>Edited by:<\/strong> Emmanuel Nwosu &amp; Ganiu Oloruntade\n<\/p>\n<\/div>\n<\/div>\n<div style=\"background-color:#F4FFF9;padding:16px 32px;\">\n<h6 style=\"text-align:center;font-size:16px;font-weight:700;line-height:23.1px;margin:0 0 10px;\">Want more of TechCabal?<\/h6>\n<p style=\"padding:5px 0;font-family:'Helvetica Neue', Helvetica, Arial, sans-serif;font-weight:400;font-size:16px;line-height:20px;margin:0;text-align:center;\">\nSign up for our insightful newsletters on the business and economy of tech in Africa.\n<\/p>\n<div style=\"width:100%;max-width:210px;margin:16px auto 24px;height:0.6px;background-color:#FF0000;\"><\/div>\n<ul style=\"font-family:'Helvetica Neue', Helvetica, Arial, sans-serif;font-weight:400;font-size:16px;line-height:30px;margin:0;padding-left:20px;\">\n<li><a href=\"https:\/\/techcabal.com\/next-wave\" style=\"text-decoration:none !important;font-style:normal !important;color:#F23204 !important;font-weight:700 !important;\">The Next Wave<\/a>: futuristic analysis of the business of tech in Africa.<\/li>\n<li><a href=\"https:\/\/francophone-weekly-by-techcabal.beehiiv.com\/\" style=\"text-decoration:none !important;font-style:normal !important;color:#F23204 !important;font-weight:700 !important\" target=\"_blank\" rel=\"noopener\">Francophone Weekly by TechCabal<\/a>: insider insights and analysis of Francophone\u2019s tech ecosystem<\/li>\n<\/ul>\n<div style=\"width:100%;max-width:210px;margin:16px auto 24px;height:0.6px;background-color:#FF0000;\"><\/div>\n<p style=\"padding:5px 0;font-weight:400;font-size:16px;text-align:center;font-family:'Helvetica Neue', Helvetica, Arial, sans-serif;line-height:23px;color:#000000;\">\nP:S If you\u2019re often missing TC Daily in your inbox, check your Promotions folder and move any edition of TC Daily from \u201cPromotions\u201d to your \u201cMain\u201d or \u201cPrimary\u201d folder and TC Daily will always come to you.\n<\/p>\n<\/div>\n<p><a style=\"display:block;width:100%;box-sizing:border-box;text-align:center;\" href=\"mailto:ads@bigcabal.com\"><br \/>\n<img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/globalnigerianews.com\/wp-content\/uploads\/2026\/11\/\ud83d\udc68\ud83c\udfff\u200d\ud83d\ude80TechCabal-Daily-\u2013-Caireful-what-you-bid-for-11.jpg\" alt=\"Email Us\" width=\"100%\" height=\"auto\" style=\"max-width:343px;margin:0 auto;object-fit:cover;\"><br \/>\n<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>Source: <\/p>\n<div class=\"nSourse\">TechCabal<\/div>\n","protected":false},"excerpt":{"rendered":"<p>In partnership with Lire en Fran\u00e7ais \u0627\u0642\u0631\u0623 \u0647\u0630\u0627 \u0628\u0627\u0644\u0644\u063a\u0629 \u0627\u0644\u0639\u0631\u0628\u064a\u0629 Happy mid-week. Anthropic is preparing for a massive initial public offering (IPO), potentially on November 16, but it has an&hellip; <\/p>\n","protected":false},"author":1,"featured_media":8620,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-8619","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology"],"_links":{"self":[{"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/posts\/8619","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/comments?post=8619"}],"version-history":[{"count":0,"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/posts\/8619\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/media\/8620"}],"wp:attachment":[{"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/media?parent=8619"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/categories?post=8619"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/tags?post=8619"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}