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Like China, like Nigeria, CBN fintech licensing fee, Internet speeds in Africa, Termii s Ivory Coast expansion – Techpoint Africa

Advertisement Concerns persist over digital assets: Although Emefiele spoke about plans to develop a digital currency, he expressed concerns over the uncertainty surrounding digital assets citing the price fluctuations of bitcoin following Elon Musk’s tweets. When you consider his claim that most Nigerians involved in cryptocurrency use it for illegal purposes, one begins to wonder why the CBN plans to introduce a digital currency. Following a quick surge at the beginning of the year, bitcoin prices have taken a hit in recent weeks. The latest devastating dip in the value of cryptocurrencies is still fresh in our memories, but it isn’t the worst the market has seen.

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Kenya to outlaw pornography, Mono raises $2m seed, Bundle, Quidax Tokens

Kenya’s Internet censorship plans Bundle and Quidax launching crypto tokens Nigerian API fintech startup, Mono, raises $2 million seed Mono Team Source: TechCrunch Nigeria’s Fintech startup, Mono, has secured a $2 million seed funding. Investors who participated in this round include Gbenga Oyebode, Eric Idahi, Entree Capital, Babs Ogundeyi Kuda Co-founder and CEO and previous pre-seed round investor, Lateral Capital. This seed round comes nine months after a $500k pre-seed and three months after graduation from YC in February. And so far, they have reportedly partnered with over 16 financial institutions in Nigeria. Advertisement These are exciting times, as this seed round has skyrocketed the fintech’s investment to $2.6m. According to the CEO and Co-founder, Abdul Hassan, the big picture is to become a data company that cuts across several sectors. It plans to put the round towards actualising plans to open a company branch in Ghana and Kenya.

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Safaricom in Ethiopia, Netflix and video gaming

Netflix to expand into video gaming Safaricom gets Ethiopian telecom licence Nearly three years after Ethiopia’s Prime Minister, Abiy Ahmed, announced plans to open up the country’s teecommunications sector, a new nationwide telecom licence has been granted to the Global Partnership for Ethiopia. The consortium which includes Vodafone, Vodacom, Safaricom, Sumitomo Corporation, and the CDC Group with a bid offering of $850 million beat MTN’s coalition to acquire Ethiopia’s first private national telecom licence. Advertisement What does this mean for Ethiopia? Aside from an expected increase in internet subscribers, this move is set to create over 1.1 million jobs.

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TECNO joins Android 12 beta programme on its latest smartphone, CAMON 17

TECNO joins Android 12 beta programme on its latest smartphone, CAMON 17
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