In 2020, the economic losses from Internet shutdowns in sub-Saharan Africa paled compared to 2019 – a drastic 810% decline. But, it doesn’t take away the economic and health toll it took on citizens…
Internet affordability in Africa, Cameroon’s Diool raises $3.5m, Spotify’s value for African podcasters
Today on #TechpointDigest, Titilola discusses the affordability of Internet in Nigeria, Cameroon’s Diool’s $3.5m funding and what Spotify’s value for African podcast creators.…
Cameroonian fintech startup, Diool closes $3.5m
Cameroonian fintech startup, @dioolapp, has closed $3.5m in funding led by Lundin Group. This makes it the fourth francophone African startup to have raised over $1m in less than 6 months…
With ‘Super Follow’, you can now get paid for tweeting on Twitter
Two weeks after it hinted on bringing subscription plans in 2021, @Twitter has finally announced how users can earn by tweeting. It plans to introduce ‘Super Follow’ and a few other featur…
Report: Nigeria has the least affordable Internet in the world
A new report states Nigeria has the least affordable Internet in the world. Apparently, Nigerians have to work for 27 minutes 55 seconds to afford 1GB of mobile data compared to a global average of 10…
Jumia’s 2020 earnings, Future Africa Fund backs Termii, Sub-Saharan Africa loses $237m
Today on #TechpointDigest, Oluwanifemi and Emmanuel discuss Jumia Group’s earning call, Future Africa fund and Microtraction’s investments in Termii, and how sub-Saharan Africa lost $237m to Internet …
Jumia losses dropped by 34% in 2020, yet it witnessed slower growth
Africa focused eCommerce giant, Jumia, has announced its earnings for the final quarter and the full year 2020. Though losses continue to drop, there’s much slower growth compared to 2019. Find …
Fuelmetrics rolls out IoT based technology to aid fuel station’s automation
Fuelmetrics Limited, a leading energy automation company in Africa has rolled out its IOT enabled forecourt controllers for fuel station’s automation. The company advocated that the solution will help…
Due to recent events, is Remitano P2P the remedy for Nigerians to buy bitcoin in Nigeria?
It’s no longer news that the Central Bank of Nigeria popularly called CBN has placed a ban on cryptocurrency in Nigeria. With this ban in place, it is no more possible for Nigerians to buy Bitcoin fro…
Google’s media innovation fund, Open Banking in Nigeria, Angolan crowdfunding startup, Deya’s pre-seed
Today on #TechpointDigest, @nifemeah and @eruskkii discuss @Google’s move to support media innovators, the impact of Open Banking in Nigeria (@openbanking_ng), and Angolan crowdfunding startup, …
Media innovators in Africa and the Middle East stand to get $150k fund from Google
Google announces the second round of its Google News Initiative (GNI) Innovative Challenge to fund media innovators in Africa, the Middle East, and Turkey. Find out what this means for African news st…
How Nigerian bus-hailing platform, Hubryde is offering premium mass commuting services to Lagos residents
Nigerian bus-hailing startup, Hubryde is helping bus owners optimise their assets while offering commuters a premium mass transit experience. Soon, corporate workers can plan their monthly commute bud…
HMD Global, home of Nokia phones encourages positive change with photographer and content creator, Damilola Ibidunni
HMD Global, the home of Nokia phones, has partnered with a local content creator and videographer, Damilola Ibidunni, to encourage people to make a positive change in 48 hours. The campaign, whi…
HMD Global ‘Home of Nokia Phones’ leading technology for good
Joseph Umunakwe, General Manager, HMD Global: West, East and Central Africa From 5G to AI, technological advances continue to stretch our human minds and give us hope for previously unimaginable possi…
Dogecoin (DOGE) is now available on CryptoLocally
We are excited to announce Dogecoin (DOGE) will be available to trade on our decentralized P2P trading platform. DOGE, the cryptocurrency that started as a joke has become a poster child of the entire…
NIN and COVID-19 spike, Spotify plans Africa entry, healthtech funding up 404%
Today on #TechpointDigest, @nifemeah and @eruskkii discuss the sickening impact of Nigeria’s NIN Registrations, Spotify’s plan for Nigeria and other African markets, and VC funding growth for Nigerian…
Spotify coming to Nigeria, 40 other African countries, amidst heavy local competition
Late to the party? @Spotify is going live in 41 new African countries including Nigeria, Ghana and Kenya. The pioneering music streaming platform will have present players like @AppleMusic, @youtubemu…
NIN Registration: Nigeria ravaged with over 77k COVID-19 cases in 2 months
Nigeria has recorded over 77k COVID-19 cases since NIN registrations began two months ago, a scary 50.3% of the total record to date. We explore the possible ravaging effects of securing NINs in the …
In 2020, Nigeria lost ₦5b to fraud in 9 months: What you need to watch out for
Nigerian financial institutions lost ₦5b to fraud in 9 months, and criminals defrauded over 48,767 unique subscribers. As digital channels become prevalent, find out what you need to watch out for in …
Nigerian healthtech startup funding grew 404%, eCommerce almost hit 5900% in 2020
While investor focus deepened on cleantech across Africa, healthtech startups were second only to fintech companies in funding size and deals made in 2020. Online retail also made a huge comeback. Let…
