Bolu Abiodun

M-Pesa's 52.4 million customers set to increase as Safaricom gets licence to launch its mobile money service in Ethiopia

Safaricom has gotten a mobile money licence in Ethiopia after seven months since launching in the country. It is expected to roll out M-Pesa before the year ends.

Bolu Abiodun

4 weeks ago

Cryptocurrency

3 African countries that tax crypto and how they do it

Several African countries have made attempts at taxing cryptocurrencies. Kenya is the latest African country to announce its plan to tax cryptocurrencies. Here is a list of African countries that are either planning to or are already taxing cryptocurrencies.

Bolu Abiodun

4 weeks ago

Fintech

This Nigerian startup is making it possible to send giveaway funds straight to Twitter DMs; here's how it works

Cross-border payments in Africa are a hassle but what if it could be as simple as sending a Twitter DM? Here's how Chimoney is doing this.

Bolu Abiodun

4 weeks ago

Finance

Zimbabwe's gold-backed digital currency explained

Zimbabwe has launched its gold-backed digital currency. It has also announced how the currency will be valued and distributed. We explain how a gold-backed currency works, and how Zimbabwe plans to use it to control inflation.

Bolu Abiodun

4 weeks ago

Governance & Policy

What is Nigeria's blockchain policy, and why should you care?

The Nigerian government approved the national blockchain policy on May 3, 2023. But what does this mean for the country and why should Nigerians care?

Bolu Abiodun

4 weeks ago

Renewable Energy

Can electric buses work in Lagos?

The Lagos State Government (LASG) has announced the launch of the first set of electric buses in its Lagos Mass Transit Master Plan. While the government plans to modernise every sector of the state, is its ambition for electric buses sustainable? We take a look at what...

Bolu Abiodun

1 month ago

Insights

Everything you need to know about Nigeria's $618m tech fund launched through iDICE

The iDICE has shared with Techpoint Africa how it intends to utilise the $618m tech fund through equity fund managers and creative sector specialists. Here's the breakdown.

Bolu Abiodun

1 month ago

Insights

5 interesting facts you didn't know about space exploration in Africa

Did you know there are satellites launched by Africans that work by God's grace? Well, from man's first trip to the moon to Kenya's recent satellite launch, here are five things you didn't know about space exploration in Africa.

Bolu Abiodun

1 month ago

Features

As Smile Identity acquires Appruve, CEO Mark Straub talks about where the startup is headed after 6 years and 60 million verifications

After raising $20 million in February, Smile Identity has announced its acquisition of pan-African verifications platform, Appruve. Smile's CEO, Mark Straub, also talks about ID verifications in Africa and what's next for the startup.

Bolu Abiodun

1 month ago

Features

Africa received $58.4bn aid in 2021, but Convexity's CHATS wants to track where these monies are going

Where did the $607.7 billion in aid Africa received between 2010 and 2021 go? Well, Convexity, a blockchain solutions company, has built CHATS, a platform that will help donors track their donations. Here's how it works.

Bolu Abiodun

1 month ago

Cybersecurity

Nigerian-led Web3 startup, Shield, gets a16z backing, raises $2.1m

With the Web3 space losing $2.1 billion to hacks in the first half of 2022 alone, Shield has raised $2.1 million to solve this problem. The Nigerian-led startup plans to make security flaws on Web3 platforms obvious to users.

Bolu Abiodun

2 months ago

Artificial Intelligence

Journalist vs GPT-4: AI is getting scary good

I went head-to-head with GPT-4 and the results were interesting. However, should there be a limit to what we do with AI? Could it become self-aware if we keep pushing the boundaries?

Bolu Abiodun

2 months ago

Cryptocurrency

Here are 5 alternative platforms for Paxful's 1.5 million Nigerian users

Nigeria was Paxful's largest market, with 1.5 million users. Now that it's gone, users need an exchange with the same perks. Here are 5 alternatives to Paxful.

Bolu Abiodun

2 months ago

Entertainment

South Africa got 71% of Netflix's $175m investment in sub-Saharan Africa between 2016 and 2022

South Africa got $125 million of the $175 million Netflix has invested in sub-Saharan Africa since 2016. Nigeria got $23 million, while figures for Kenya were not revealed.

Bolu Abiodun

2 months ago

Startups

Nigerian crypto payments startup, Lazerpay shuts down, opens offer to companies interested in purchasing its IP

Nigerian crypto payments startup has shut down. Founder and CEO, Emmanuel Njoku, said the decision was made after the company was unable to raise funds. The startup advises merchants to withdraw funds before April 30, 2023.

Bolu Abiodun

2 months ago

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