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Internet from space to Nigeria, African fintech reports

Interesting fintech reports in 2021 SpaceX wants to bring its space Internet to Nigeria Big news: US-based space exploration company, SpaceX, is in talks with the Nigerian Communications Commission (NCC) to secure the required licences to launch Starlink, its satellite Internet service, in Nigeria. Before you go on: Popular entrepreneur, Elon Musk, founded SpaceX in 2002, and it develops Starlink, a mega constellation on Satellites to bring commercial Internet services to people across the glob...
Port Harcourt South Africa United States Emmanuel Paul Elon Musk Eutelsat Konnect

How Nigerian FinTech industry is attracting funding from local and foreign investors - Report

“Nigeria FinTech Census 2020: Profiling and defining the fintech sector.” This growth of the sector is reflected in the profile of the firms, the breadth of coverage, the increasing level of global connection and rising levels of profitability. Nigeria is classified as a developing FinTech economy compared to its more mature global peers such as the UK, Singapore, Australia, Sweden and India. It is estimated that Nigeria’s FinTech revenues will reach $543 million by 2022, driven by increa...
United Kingdom Gtbank Quickcredit Enterprise Services Infrastructure Sterling Bank Specta Access Bank Quickbucks Nigerian Fintech

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