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.
On January 27, 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.
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.
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