It is not often you hear about a Nigerian startup acquiring a foreign-owned company. But Nigerian web hosting company, GigaLayer has acquired Russian-owned HUB8, a leading global web hosting company.…
OPay, PalmPay and a long line of Chinese investor interests in Africa
There is a competition brewing between OPay and PalmPay, and this thinking is down to the strong investor network of both sides. But how deep does the investor tie really go?…
Interswitch worth a billion dollars, but this London-based investor owns more than half of the company
Nigerian fintech giant, Interswitch is finally worth over $1bn. But one London-based, Africa-focused investment group continues to own more than half of the company.…
TECNO parent company, Transsion Holdings enters African mobile payments with PalmPay
Transsion Holdings, the company behind the TECNO, Infinix and Itel brands, may have finally entered the African mobile payment market with PalmPay. Could this signal a competition with Opera’s OPay?…
OPay transaction fee hike is aimed at keeping users within its ecosystem
OPay recently reviewed the transfer bank charges fee on its platform. The implication is that users no longer have the luxury of paying ₦10 for bank transfers on the platform. But the payment platform…
Common red flags in dealing with investors, according to Nigerian startup founders
We sampled opinions from different founders who spoke on anonymity about red flags that could make them end discussions with potential Nigerian investors. Find their responses in this article…
Digital platform, REACH is helping businesses and individuals keep track of their money
Today, many internet-based platforms promise users convenient savings. But REACH is one platform going against the usual practice with a service focused mainly on expenditure. Read to find out how…
Delta State still prioritises industrialisation over ICT development and it has good reasons to
There’s a battle of priorities in Delta state, Nigeria between maintaining an industrialised or an ICT-driven economy. But the state government chooses the former, and for good reasons.…
Introducing Techpoint Startup School, Enrol Now!!!
Between the 2nd and 6th of December, Techpoint will run the first edition of its startup school, a platform to educate business owners from Nigeria and Africa on how to build scalable businesses…
Digital foreign exchange platform, BitPesa is easing cross border payments across Africa
Sending money in and out of Africa is expensive and the transaction process is time-consuming. Sub-Saharan African B2B and foreign exchange company, BitPesa has innovated around this challenge and all…
Understanding the challenges and prospects of fleet management in Nigeria: A discussion with Emmanuel Udeagha
Techpoint had a chat with Emmanuel Udeagha to understand the challenges and prospects of fleet management, an emerging offshoot of the online ride-hailing industry in Nigeria. Read more about it.…
Beyond transportation, on-demand ride-hailing startups are beginning to influence the culture of safety
With the emergence of motorcycle on-demand startups, safety has become a commodity for commuters.…
An insight into how venture capital firm, TLcom invests
In today’s edition of Angel and VC series, we put the spotlight on the VC to understand how it invests.…
Beyond tech and innovation: Scaling Nigeria’s online grocery market, a chat with Saudat Salami
Techpoint had a discussion with Saudat Salami, founder of Easyshop Easycook to understand the specific problem and potential of Nigeria’s online grocery sector.…
Jumia and Techpoint to host Andre Iguodala, Jumia board member, investor in Facebook, Tesla and Twitter
Techpoint in conjunction with Jumia would be hosting an interactive session with Andre Iguodala and some techpreneurs in Nigeria…
Life before and after acquisition of Amplify: A discussion with Maxwell Obi
Techpoint caught up with Maxwell Obi, co-founder of Amplify, to share with us what life during and after the acquisition of his company, by OneFi, looks like.…
Nigerian logistics giant, GIG Logistics officially launches in Ghana today
Following its drive to be the number one logistics company in Africa, GIG Group’s logistics arm, GIGL officially makes its first African expansion to Ghana…
MAX may have launched MAX Keke, a tricycle-hailing service in Lagos
MAX.ng released a tweet on its official account hinting at what might be the launch of a tricycle hailing service called MAX Keke, in Lagos State.…
Will helmets with navigation features be a game changer for Gokada?
ORide has been poaching key executives and riders of Gokada. Given this onslaught, what is the way forward for Gokada?…
An insight into how Shaka VC invests in African startups
Every other week, Techpoint will put the spotlight on Africa-focused private and institutional investors and their activities. In this first edition, Chinese VC fund, Shaka VC answers important questi…