Here are last weekend’s top headlines on startups, entrepreneurship, innovation and tech around Africa.
Onyeka Onwenu vs iROKING. Renowned Nigerian musician and actress, Onyeka Onwenu has sued online music distribution platform, iROKING (now iROKO Music) for ₦205 million over alleged copyright infringement, following an expired contract. Read more on Africa Music Law.
Nigerian PoS transactions on the rise. According to the Nigerian Inter-Bank Settlement System (NIBSS), PoS transactions worth over ₦1.41 trillion were carried out in 2017, a whooping 85.75% rise from the ₦0.758 trillion recorded in 2016. Read more on TechCity.
SureRemit raises $7m. Nigerian-based non-cash remittance platform, SureRemit recently announced raising $7m via an initial coin offering (ICO). Read more on Disrupt Africa.
Visa appoints new regional president. Visa Inc. has announced the appointment of Andrew Torre as Regional President for its Central and Eastern Europe, Middle East and Africa (CEMEA) region, based in Dubai. Read more on The Guardian.
New Report: Nigerian startups raised a combined $38.01m in Q3 2019, just 7% higher than Q3 2018. Download the report.
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