Cześć,
Victoria from Techpoint here,
Here’s what I’ve got for you today:
- Canal+ might be coming for the rest of Showmax
- Meet the salesman helping banks go digital
- Green light for Nedbank’s takeover of iKhokha in SA
Canal+ might be coming for the rest of Showmax
I’m not sure what high Canal+ is on, but when I grow up — nah, I mean, starting now — I’d like a dose of it. I mean, just after sealing the deal to become the new owner of MultiChoice, the French media giant is now reportedly eyeing a full takeover of Showmax too. Talk about moving fast.
Per MyBroadband, Canal+ SA is exploring the possibility of buying out Comcast’s 30% stake in Showmax. The African streaming platform is currently owned mostly by MultiChoice, which Canal+ already controls. So, if this goes through, Showmax would become a full Canal+ baby.
Sources say the French company has hired advisers to study the potential buyout, though talks are still early and might not lead to a final deal. Both Canal+ and Comcast have kept mum about the report.
For context, Comcast came into the picture in 2023 through its NBCUniversal unit when it acquired a 30% stake in Showmax and helped relaunch the platform on Peacock’s streaming tech. Since then, Showmax has been pushing strong local content to compete with global heavyweights like Netflix and Amazon Prime Video.
Showmax currently operates across 44 African countries, focusing heavily on local storytelling. In 2024, nine out of its ten most-watched shows were African productions, titles like Adulting and The Mommy Club topped the charts, with HBO’s House of the Dragon being the lone foreign exception.
This move would further cement Canal+’s dominance in Africa’s entertainment scene, following its recent full takeover of MultiChoice. The company is also preparing for a secondary inward listing on the Johannesburg Stock Exchange (JSE). Clearly, Canal+ isn’t just streaming; it’s streaming in beast mode.
Meet the salesman helping banks go digital
After a failed real estate deal in Dubai left him broke and uncertain, Noah Honawon packed his bags, came back home to Nigeria, and decided to try something new — selling tech. Today, he’s helping banks and fintechs go digital as part of his role at Turog Technologies.
In this edition of After Hours, Delight traces Noah’s journey from pitching luxury properties in Dubai to convincing financial institutions to buy digital infrastructure. His world now revolves around selling technology that helps banks work smarter, and he’s mastered the art of making complex tech sound simple.
“At its core, enterprise tech sales is just helping financial institutions move from manual to digital,” he says. “Think of how you used to fill out forms to open an account at a bank, but now you can do that instantly on OPay or PalmPay. That’s what we sell: the technology behind that shift.”
At Turog, Noah and his team build the tools that power digital banking, from backend systems to customer-facing platforms. Their software helps banks onboard customers, manage data, and even run agency banking operations. And Noah’s job? To get those banks to sign the cheque.
His secret sauce lies in understanding people. Whether it’s meeting prospects at tech events or on LinkedIn, he listens to their challenges — maybe their systems don’t talk to each other, or they’re struggling to expand — then offers a fix that ties everything together. “One login, one dashboard, one solution,” he says.
From houses to high-tech, Noah’s story shows how sales is less about the product and more about people. Find out more about Noah’s journey in Delight’s latest edition of After Hours.
Green light for Nedbank’s takeover of iKhokha in SA
Nedbank just got the green light to take over fintech company iKhokha without any conditions attached. The South African Competition Commission has recommended that the R1.65 billion ($93.3 million) deal be approved, saying it won’t hurt competition or raise any public interest concerns. That means the deal will likely move ahead smoothly.
The bank first announced plans in August 2025 to acquire 100% of iKhokha in an all-cash deal, making the Durban-based fintech a fully owned subsidiary. iKhokha will, however, keep its own name and leadership team while benefiting from Nedbank’s resources. The deal also includes a management lock-in to ensure the team stays put and focused on long-term growth.
It’s also a big win for iKhokha’s early backers — Apis Partners, Crossfin Holdings, and the International Finance Corporation — who have now made a full exit. These investors supported the startup’s rise from concept to one of South Africa’s most recognised SME payment and business tools.
For co-founder and CEO Matt Putman, it’s a proud moment. “Joining forces with Nedbank gives us the platform to scale our impact and unlock new value for our merchants,” he said. Putman added that both teams share a vision to expand into other African markets while continuing to build tools that empower entrepreneurs.
Putman’s own entrepreneurial story started far from fintech. Right, in a university nightclub. His frustration with clunky card machines led him and co-founder Ramsey Daly to start iKhokha in 2012, inspired by Jack Dorsey’s U.S. startup Square. The idea: make it easy for small businesses to accept card payments using mobile phones.
For Nedbank, the move fits right into its plan to strengthen SME support. “This acquisition is a natural evolution of our partnership with iKhokha,” said Nedbank’s Ciko Thomas. “By combining their tech with our banking expertise, we’ll help small businesses thrive.”
In case you missed it
- Africans work up to four days to afford a Netflix subscription
What I’m watching
- If AGED-COUPLES Were 100% Honest
- The Psychology of People Who Don’t Post on Social Media
Opportunities
- Flutterwave is hiring a Manager, Pricing. Apply here.
- Kuda Technologie is recruiting a DevOps Engineer. Apply here.
- Ecobank Nigeria is looking for a Relationships Manager in South-South and South-East regions. Apply here,
- Western Union is recruiting a Business Development Associate Lagos, Nigeria. Apply here,
- SeamlessHR is hiring a Brand Specialist. Apply here.
- PalmPay is recruiting a Talent Development Manager. Apply here.
- Andela is looking for an Advocacy and Event Community Manager. Apply here.
- Onchain Festival 2025, happening on October 30th at The Dome, Lekki, offers funding, knowledge, live product demos, powerful networking, and visible growth, where ideas find investors, creators meet collaborators, and innovation comes alive. Don’t miss out. Be part of the story; get your tickets now.
- TLP Advisory is surveying the listing potential of Nigerian venture-backed businesses on the NGX. Share your insights by completing this survey.
- Join Africa’s top female founders, investors & innovators at AWFS 2025. Register here.
- Flutterwave is hiring for several roles. Apply here.
- Are you building a startup can feel isolating, but with Equity Merchants CommunityConnect, you can network with fellow founders, experts, and investors, gaining valuable insights and exclusive resources to help you grow your business. Click here to join.
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Have a productive week!
Victoria Fakiya for Techpoint Africa
