Today on the Techpoint Africa Podcast, our reporters are joined by Omoruyi Edoigiawerie, Lead Partner, Edoigiawerie & Company LP, to discuss this week's top stories from the African tech space.
First up is last week's wavemaker: The possibility of Nigerian content creators being required to pay tax in Nigeria. However, our reporter, Bolu Abiodun, clarified the facts of the story, and here they are: On Tuesday, February 13, the Managing Director, OPay, Dauda Gotring, and his team paid a courtesy visit to the Registrar-General, CAC, Hussaini Magaji.
During the visit, the Registrar-General urged social media content creators, Instagram users, and TikTok users with large followers to register their businesses with the commission in accordance with the Company and Allied Matters Act 2020.
Following this clarification, our reporters and guest discuss the issues related to tax payment in Nigeria, how the government can incentivize the masses to pay taxes, and why a change in our view of tax payment is necessary.
The next story is Carbon's acquisition of Nigerian fintech startup Vella Finance to become Carbon Business. Chimgozirim Nwokoma walks us through this, sharing important information and insights into the unknown aspects of the acquisition. Then our guest, Omoruyi Edogaiwerie, takes time to explain the dark side of acquisitions in the tech space and why startups need to plan ahead of the curves the industry will throw at them.
He speaks to sensitive and often overlooked issues that startup founders are often quick to gloss over. Such as, what are you building for? Who are you building for? What should you look out for when undergoing an acquisition as a startup? You'll find all this and more in today's episode.
You can catch up on the conversation on Google Podcasts, Apple Podcasts, Spotify, YouTube, and anywhere you get your podcasts. You can also send your questions and observations to podcast@techpoint.africa or share your thoughts using the hashtag #TechpointAfricaPodcast.
