PaySika is building a neobank people can use on chat apps like Facebook messenger, WhatsApp and Telegram. Three months ahead of its launch, it has 20,000 pre-registrations, and investors have backed it with $350k preseed
Emmanuel Paul
Writer and Narrator. Tech, business and policy analysis is my daily bread.
Looking to chat? Catch up with me, @eruskkii, on Twitter or send a mail to emmanuel@techpoint.africa
Google is building the infrastructure for Africa’s 300 million future Internet users
Google’s is set to launch Equiano, a 100 terabit subsea Internet cable. While this cable might not get much demand today, Google says it’s betting on the next 300 million Internet users in Africa
Startup Acts: Can the decade’s sexiest law save Nigeria’s thriving but uncertain startup ecosystem?
With Nigeria’s Startup Bill scheduled to be submitted in October 2021, @eruskkii spotlights the impact of startup acts in Africa, why Nigeria may never be ready for it and why the country needs one regardless.
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Despite enacted laws, access to basic information remains a luxury in Africa
Eleven African countries have enacted laws that grant citizens the right to access public information. But a hard look at recent years show how violations of these laws put them in a state of learned helplessness
Nigeria’s Akiddie is scaling to become a storytelling platform for minority kids worldwide
Pivoting from an e-library to document African children’s stories, Nigeria’s Akiddie is scaling to become a digital marketplace for creators who want to tell stories for minority children across the globe.
Tizeti is testing a next-gen technology that could bring 5G-level speeds to Nigeria
Tizeti, under the NCC’s supervision, is currently testing a next-gen technology that could deliver over 30 times the average Internet speeds in Nigeria. @techpointdotng’s @eruskkii walks us through this exciting development
Jumia’s operating loss spirals to $51 million in Q2 2021 following aggressive marketing
Following an aggressive marketing campaign, Africa-focused eCommerce company, Jumia, recorded a $51.6 million operating loss in Q2 2021. This is a 24.7% increase from last year and a signal of Jumia’s change in business strategy
MainOne’s new data centre could usher in exciting connectivity age in Ghana
Following MainOne’s Data Centre launch in Ghana, @Techpointdotng’s @eruskkii deeply explores how its cloud solutions and connection to global Internet exchanges could kickstart a new digital era for West Africa’s second-largest economy.
Fairmoney raises $42 million Series B, bags banking licence to deepen digital bank ambitions
Lagos and Paris based digital lending fintech, Fairmoney, has raised $42 million Series B led by Tiger Global. The company has also secured a Micro-finance bank licence to deepen its services across its core markets
Flutterwave becomes one of Y Combinator’s 40 most valuable private companies
Nigeria’s Flutterwave has moved up 75 places in six months to become one of Y Combinator’s 40 most valuable private companies. It remains the only African startup to ever feature on the list for the third consecutive year
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