E-hailing company, Bolt, has launched its African headquarters in Nairobi, Kenya and the question in the mind of some Nigerians is, why not Nigeria?
On Today's episode of the Techpoint Africa Podcast, we kick things off with Bolt's decision to set up its African headquarters in Kenya. While Oluwanifemi and Emmanuel shared opposing views on whether Nigerians should be bothered about the news or not, the verdict remains Kenya was a better option.
Other global tech companies such as Google, Microsoft, and Amazon have launched hubs, research centres, labs and offices in Kenya in the past few years.
This article by Emmanuel, explains why global tech companies might prefer to set up shop in Kenya than anywhere else on the continent.
From Bolt moving into Kenya we discuss automotive eCommerce company, Autochek's move into Francophone Africa with the acquisition of CoinAfrique.
This is coming after Autochek acquired Moroccan auto marketplace, KIFAL Auto. Chimgozirim points out why the company might be spreading its tentacles in several African markets without consolidating.
Still, in Francophone Africa, the Central Africa Republic has released the latest update to its cryptocurrency ambitions. Named the first African country to legalise Bitcoin in April, it has just released its very own cryptocurrency, Sangocoin. While its crypto moves have been met with criticism, the country continues its quest to transform its financial sector with crypto.
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