This week on Techpoint: A new hub is coming to Lagos

November 25, 2017 · 3 min read
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On Thursday, the 7th of December 2017, Techpoint will host Fikayo Ogundipe, the CEO of in the final Techpoint AMA Live Session for the year 2017.

On this final edition, you will have the opportunity to ask Fikayo Ogundipe anything about, the recent acquisition of Jumia House and how their solution is changing the landscape.

Join us on Thursday, 7th of December at 2 PM via Facebook Live video.

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This week on Techpoint

Watch a video version of this newsletter or read on below

Facebook to launch tech hub in Lagos. In what would appear to be a direct jab at Google in the battle for “the next billion“, Facebook has announced plans to train over 50,000 Nigerians in digital skills and also launch a hub in Lagos by 2018.

If this sounds familiar, it’s because Google announced a similar commitment in July. Facebook is however doing things a tiny bit differently.

Lessons from working remotely for the first time. Even though the remote working culture is still in its experimentation phase with Nigerian companies and tech startups, a lot more companies and individuals are becoming open to the concept.

Our guest contributor this week shares his experience working remotely for the first time.

Startup Weekly

Every weekday at noon (WAT), we feature up and coming startups attempting to break into the market.

This week’s featured startups

Why you should register for Pitch Storm at Techpoint Build. Read

Opportunities: Techpoint Build, Bincom free PHP/MYSQL training, Findworka Saucecode Hackathon and other opportunities this week.

Around Africa this week

  • Tecno, Infinix and iTel are winning. Transsion Holdings, the company behind Tecno, Infinix and iTel has so far in 2017 outsold everyone in the African mobile phone market. They’re also catching up with Apple, Samsung and Huawei globally Link.
  • DStv must pay. The South African Broadcasting Corporation (SABC) has called for local regulators to review rules that enable DStv to broadcast three of its channels for free, despite benefiting commercially. Link.
  • MEST comes to Lagos and Cape Town. The Meltwater Entrepreneurial School of Technology (MEST) — a Pan-African entrepreneurial training programme, seed fund and incubator originally based in Ghana — this week launched physical locations in Lagos and Cape Town. Link.
  • Purple Capital secures $12.5m funding. The name “Purple Capital” (PC) might not ring a bell but, for anyone familiar with the city of Lagos, “Maryland Mall” might. PC is the real estate company behind the popular mall and they just recently raised $12.5m from Vantage Capital. Link.

From around the world

  • Welcome to the ‘half-a-trillion-dollar’ club. Chinese investment company, Tencent has surpassed the $500 billion (HK$3.99) valuation mark to become the first from the region and one of the few in the world to reach this milestone. Link.
  • Bitcoin stays winning. Still speaking of insanely high valuations and big monies, Bitcoin shot past the $8,000 mark on Monday, sounds incredulous? See for yourself. Link.
  • Uber under fire. Uber is not having a good day. The ridesharing company reportedly concealed a 2016 major data breach and America’s Federal Trade Commission(FTC) is not very happy with the development. Link.
Múyìwá Mátùlúkò

Múyìwá Mátùlúkò


I bully myself because I make me do what I put my mind to. Find me on Twitter @MuyoSan.

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