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👨🏿‍🚀TechCabal Daily – Eskom reports $1.2 billion loss

TechCabal reached one million monthly web users in October, and Eskom, the South African power generation company, has recorded losses of $1.2 billion for the 2022/2023 financial year, doubling the losses of the previous year. LastPass reported an additional $4.4 million loss due to a data breach in August 2022. Also, Maisha Meds has secured $5.25 million from USAID to expand malaria care across Africa, and Star News Mobile has raised $3 million in a pre-Series A funding round involving French footballers to support African creators.

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