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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...
Cape Town Western Cape South Africa Coted Ivoire Abuja Federal Capital Territory South African

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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 thre...
United States Sims Newsbites Gbenga Oyebode Emmanuel Paul Abdul Hassan Eric Idahi

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 ...
Sims Newsbites Kolawole Oluwanifemi Ogheneruemu Oneyibo Techpoint Africa Sumitomo Corporation Ethiopian Communications Authority

$2.99 for Twitter, Telda's $5m pre-seed

Egyptian fintech, Telda’s $5m pre-seed raise Twitter and Twitch subscription plans Twitter is finally edging towards introducing a subscription plan. Apart from the latest discovery by reverse engineer, Jane Manchun Wong, the platform has been adding various new features and making strategic acquisitions since the beginning of the year. Typical? According to Wong, the subscription service would be called Twitter Blue, and subscribers would enjoy many of the new features. But that’s not all ...
Port Harcourt Ahmed Sabbah Jane Manchun Wong Oluwanifemi Kolawole Thomas Ulrich Youssef Sholqamy

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

BBNaija and tech startups, 2 decades of Nigeria's telecoms, Kidato raises $1.4m – Techpoint Africa

Why should you care? Nigerian P2P payment platform, Abegwill be the headline sponsor, while crypto-exchange platform, Patricia is the associate sponsor. Advertisement An obvious trend? Apart from continuing on the path of auditioning via pre-recorded video online submissions which started in 2020, it appears more tech startups are showing interest in the TV sensation. In the 2020 edition of the show, tech brands like Patricia, Travelbeta, BuyPower.ng, Kuda Bank, Flutterwave, and Tizeti all gav...
Saudi Arabia John Ugbe Oluwanifemi Kolawole Emmanuel Paul Sam Gichuru Techpoint Africa Naija Bbnaija

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