The tech world is buzzing with new developments, and this week’s episode of the Techpoint Africa Podcast is a great way to stay in the loop.
Hosted by Bolu Abiodun and Chimgozirim Nwokoma, the podcast dives into the latest happenings and trends in African technology, offering thoughtful analysis and commentary on the week’s biggest stories.
One of the major highlights of this episode is the recent merger between Wasoko and MaxAB. This merger, which is being hailed as Africa's largest startup merger to date, was first announced in Q4 2023. The new combined entity, which hasn’t yet been renamed, will be led by Daniel Yu, CEO of Wasoko, and Belal El-Megharbel, CEO of MaxAB.
While initial estimates suggested the merger would be completed by Q1 2024, Yu has noted that the process might take a bit longer due to the complexities involved. Despite these challenges, the companies have managed to integrate their technology within just 60 days, having both raised over $200 million before the merger.
In another interesting development, Safaricom has proposed that the Communications Authority (CA) of Kenya require satellite Internet providers like Starlink to partner with a local licensee.
Safaricom’s concern is that allowing these providers to operate without a physical presence could make it difficult for regulators to ensure proper oversight and accountability. This proposal aims to address these regulatory challenges and improve the management of satellite Internet services in Kenya.
On the other hand, our hosts think Safaricom feels threatened by Starlink. Could Safaricom be nursing fear and trying to secure their gain?
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.
This episode of the Techpoint Africa Podcast is sponsored by Jollof+ powered by Baobab Group, on a mission to help you stay ahead of the inflation curve by giving competitive interests on savings and investments.
Let the best of tech news come to you
Give it a try, you can unsubscribe anytime. Privacy Policy.
