New reports suggest that Nigeria is working with China to build an Internet firewall. If built, it would give the government full control over what Nigerians can access on the Internet… even VPNs
The Nigerian government has announced the suspension of Twitter in Nigeria. Facebook and other social media platforms could be next. Let’s try to make sense of this.
Tolulope Williams, a legal practitioner and a lover of really cool toys, bought an electric motorbike from a trade fair in Asia. That purchase led him to form Siltech, an Africa-focused EV assembly company.
Nigeria has lost 15.5 million subscribers following NIN registrations and a ban on the purchase of new SIMs. Six months on, Nigeria also made the least progress in subscriber growth compared to previous years.
Following a recent transition from crowdfunding to full-fledged tec-enabled agriculture, @farmcrowdy has announced the appointment of Akindele Phillips as its new CEO. Former CEO, @onyekaakumah will be stepping down and transitioning into a board role.
African cross-border payments startup, Chipper Cash, raises $100m, reportedly valued at over $1 billion
African cross-border payments startup, Chipper Cash becomes Africa’s next unicorn, as it raises $100 million Series C, led by SVB Capital. The startup is now likely valued between $1 billion and $2.5 billion
Today on #TechpointDigest, @eruskkii and @latoria_ria explore what @OPay_NG’s planned $400m raise could mean, @crib_md’s $2.6m seed round, and @enye_tech’s approach to upskilling developers.
How Nigerian non-profit, Enye, is upskilling developers and helping founders build successful companies in Nigeria
Registered as a non-profit company in the US, Nigerian-founded @enye_tech primarily focuses on upskilling budding engineers and aiding the product building process for startups through a founder-engineer pairing programme
Nigerian crypto startup, Quidax, is building Africa’s crypto infrastructure one major market at a time
In 2017, the founders @QuidaxGlobal, started a WhatsApp group for people to safely buy and sell crypto.
In 2021, the startup has reportedly processed over $3 billion in transactions, and the Techstars-Toronto backed startup is gradually building Africa’s crypto infrastructure.
In the first quarter of 2021, Jumia experienced mixed results of dwindling profits and plummeting revenue once again. Looking at the past 18 months, how well do its numbers show a path towards profitability?