There has been a clear thought gap between policymakers and young innovators in Nigeria. According to Chidi Ajaere, CEO of GIG Group, young entrepreneurs have to become an active part of the policy ma…
Lagos executive discusses unified fibre project and the future of technology in Africa’s largest city
In July 2020, Lagos began a massive project to unify the city’s entire fibre networks. Olatubosun Alake, special adviser to the Lagos State Governor provides some perspective and future plans for Afri…
Why foreign investments will keep dominating Nigeria’s startup space
Over the years, Nigerian startups have thrived off the back of foreign funding, the likes of Interswitch and Paystack are now majority-owned by foreign companies. Here’s why this trend will continue f…
UPDATE: Build the money of the future at the Digital Currency Summit 2021
In March 2021, Techpoint Africa will be hosting the brightest minds in decentralised finance, blockchain developers, and designers at the Digital Currency Summit 2021. Don’t miss out.…
What is direct debit, and how do CBN charges on failed transactions affect you?
What exactly is direct debit, and how do CBN charges on failed transactions affect you?…
Kenyan lawmakers want M-Pesa split from Safaricom’s operations
The Kenyan Senate reportedly wants its Largest telecom provider, Safaricom, to be split into two separate firms — Mobile Services and M-Pesa. A move that could have dire effects…
How Nigerian startup, Blueloop, wants to ease cross-border payments for merchants and gig workers
Backed with $77,000 in pre-seed funding from Hustle Fund, Pioneer, and Mozilla, Nigerian startup Blueloop, wants to ease cross-border payments by combining the best of decentralised finance and regula…
How Nigeria plans to adopt Blockchain and generate $10 billion by 2030
With an ambitious goal to generate $10 billion in revenue from Blockchain technology in 2030, we peek under the hood of the national strategy developed by Nigeria’s technology development agency.…
Value of online transactions in Nigeria hits $116 billion in Q3 2020
Data from the Nigeria Inter-Bank Settlement System reveals that Nigeria recorded its highest volume yet for online transactions. We take a dive into how, where, and why this is happening.…
How former OKash CEO wants to tackle fraudsters and chronic debtors in Nigeria
A former banking and fintech executive has launched the Blacklist, a platform that could help companies and individuals deal with chronic debtors and fraudulent people. …
MTN Group sells stake in Jumia, reportedly makes net proceeds of $142 million
South Africa’s MTN Group has exited its 18.9% stake in Africa-focused online retail giant, Jumia. This comes after another share price rally and 11 days before the announcement of Jumia’s …
Airtel to exit Ghana operations as government prepares takeover
India’s Bharti Airtel is set to sell 100% of its stake in its Ghana division. Meanwhile, the government of Ghana is reportedly in advanced talks for a full takeover just a few months after its p…
Nigeria plans to let you access your network in areas where it has no coverage
Nigeria has approved a trial for two telcos, MTN and 9mobile, for national roaming service. With this in place, users on one network can use the signals from other networks for calls and other mobile …
Why Paystack’s acquisition should be a policy turning point in Nigeria
Against the backdrop of a market filled with uncertainty and confusing policies, US payments giant, Stripe, acquired Nigerian payments company, Paystack. How will this shape future policies that affec…
Why YouTube took down Arise News livestream feed for a few hours
On October 22, in what initially seemed to be another confusing fight against ‘misinformation’, Google took down Arise News’ live feed on YouTube. Though reasons were given, a number…
Internet service disruptions trail shooting of #EndSARS protesters at Lekki, Nigeria
Amidst eyewitness reports of the shooting of peaceful #EndSARS protesters by the Nigerian Armed Forces, Nigeria’s largest telco, MTN Nigeria, blamed power outage for network disruptions witnessed …
The good and bad sides of policies chasing after innovation
Over the years, the rapid pace of innovation has bemused policymakers. While this has been known to cause some friction between regulators and entrepreneurs, an expert points out that it’s more …
#ENDSARS: Nigerian government’s strongarm tactics, crypto adoption, and the power of the Internet
Amidst the #EndSARS protests, online activism, and alleged sabotage of crowdfunding sources, Nigerians have turned to crypto and government strong-arming could unwittingly provoke its massive adoption…
Harvard, MIT, top postgraduate choices for founders of Millionaire West African Startups
Founders of West Africa’s Millionaire Startups seem to have a penchant for getting postgraduate degrees from the world’s top universities. According to data, Harvard and MIT are the top de…
Kenya’s plans for digital taxes and its data protection bill hit a potential snag
Kenya’s plan to tax enforce digital taxes, and some provisions of its data protection bill could face a major stumbling block as it begins free trade negotiations with the US. …