Hi, welcome to Tech This Evening, an After-Work Tech Newsletter from Techparley Africa.
Top Story: What’s Behind the 48-Hour Glovo Riders Strike Shaking Morocco’s Food Delivery Market?
Glovo riders in Morocco have launched a 48-hour strike, demanding better pay and working conditions in what has become the latest flashpoint in the country’s food delivery economy.
Supported by the Moroccan Labour Union (UMT), the couriers accuse the Spanish on-demand platform of exploiting workers while pocketing profits from one of its fastest-growing markets.
“We demand an immediate increase in the base rate to cope with the high cost of living,” the riders said in a statement.
At the centre of the dispute is Glovo’s current base rate of just 6 dirhams (about €0.55) per delivery, a fee riders say does not even cover fuel, mobile data, motorcycle maintenance, or insurance. Workers argue they are effectively subsidising the company’s service.
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How to Record Your Computer Screen for Free: Step-by-Step Guide. Read now.
On Startup Spotlight:
Egyptian Fintech Munify Secures $3m Seed Round to Ease Cross-Border Banking for Diaspora
Egyptian fintech startup Munify has raised $3 million in seed funding led by Silicon Valley accelerator Y Combinator, with participation from BYLD and Digital Currency Group, to fast-track its technology, compliance, and expansion plans.
The investment, which coincides with Munify’s graduation from YC’s Summer 2025 batch, will help the Cairo-born digital bank scale operations and extend its reach to more global markets.
“Remittance flows are one of the most critical financial lifelines for Egypt, yet millions still face costly, slow, and fragmented services,” said founder Khalid Ashmawy.
“We’re building the infrastructure to make global banking and payments radically more accessible for Egyptians, wherever they live.”
Munify describes itself as a cross-border digital bank for Egyptians abroad, designed to simplify and reduce the cost of financial transactions between Egypt and the world.
Yakub Abdulrasheed brings you all the details. Read here.
Also Read:
South Africa’s Startup, Eden AI Launches AI Mental Health Companion for Stigmatised Women. Yakub Abdulrasheed brings us the details, here.
Quote of the Day:
“Any sufficiently advanced technology is equivalent to magic.” – Arthur C. Clarke.
Thank you for joining me yet again this evening. Stay safe, and see you tomorrow.
Best, Quadri