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
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
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.
Happy Independence Day!
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
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, 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
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
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.
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
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