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Following rumours of a possible takeover of Etisalat, owing to a $1.2 billion debt, relief finally came after the company reached an amicable agreement with the consortium of creditor banks.
Etisalat is now on the path of restructuring with its newly-appointed board of directors to usher in the new phase of the company’s business cycle.
We profile each of the board members to get some insight into their track record and what they can bring to the table.
This Week on Techpoint
Watch a video version of this newsletter or read on below
I started my multi-million dollar business with ₦8250. A while back, we interviewed Yele Okeremi, founder and CEO of Precise Financial System, a multi-million dollar software development company that serves clients (mostly banks) in over 34 countries across Africa.
He had some interesting insights to share about building a successful business in IT.
The ‘Wonder Woman’ of GE. This month on ‘The Experts’, we got up close and personal with Oluwatoyin Abegunde. For an established executive who has worked with Access Bank, Accenture and Siemens, she is quite young and vibrant.
Oluwatoyin currently serves as the Regional Sales Director for General Electric in Sub-Saharan Africa. She has some interesting advice for aspiring young professionals.
In conversation with Chinedu and Adetayo, MAX founders. 2 weeks ago, we introduced you to MAX Go, a motorcycle-on-demand transportation service that launched for Lagosians.
This week, we had Chinedu and Tayo, founders of the company behind the product, at our office for a tell-it-all session that was broadcast.ed live Just in case you missed it, we have the recorded version saved for you.
Why it is okay for Nigerian startups to fail. Nigerian startups are known not to admit failure but rather fade slowly away into non-existence. But perhaps it is time to question this phenomenon?
We are now accepting guest contributions. If you have a compelling article to share with our vast audience of technology enthusiasts, entrepreneurs, business executives and investors, please take some time to review our editorial guideline.
Every weekday at noon (WAT), we feature up and coming startups attempting to break into the market.
This week’s featured startups
- Inklar — design and order custom-made wears
- Ikokuonline — order maintenance and have car parts delivered to your doorstep
- SolidPractise — access WAEC, JAMB and other past questions on the go
- PayPass — buy and sell tickets for all kinds of events
- PremierWrite — hire freelance writers in Nigeria
Funding news: Peda Studio, a character-based media company that retells African stories using comics, recently raised seed funding of $10,000. Perhaps the nascent local comics industry is finally showing promise? Read more.
Pros and cons of the Tecno DroiPad 7D Following our unboxing of the Tecno DroiPad 7D, Tecno’s first tablet in a long while, we took it on a 2-week test spin. Here’s what we found.
Techpoint is conducting a survey of tech worker salary satisfaction in Nigeria. Please take just three minutes to fill this anonymous form. Thank you.
Jan. 11: Bonus Built in Africa episode: Building global products with African design, a discussion
On March 25, 2021, Techpoint Africa will be hosting the brightest minds in decentralised finance/crypto at the Digital Currency Summit tagged “Building the money of the future” Click here for more details, registration and sponsorship. Location: Fourpoint by Sheraton, V.I. Lagos
Report: Millionaire West African startups” raised over $1.806 billion between 2010 and 2019, 97.9% of which went to Nigerian startups. Get a free overview and 50% purchase discount here.