Today on #TechpointDigest, Titilola discusses the affordability of Internet in Nigeria, Cameroon’s Diool’s $3.5m funding and what Spotify’s value for African podcast creators.…
News
Cameroonian fintech startup, Diool closes $3.5m
Cameroonian fintech startup, @dioolapp, has closed $3.5m in funding led by Lundin Group. This makes it the fourth francophone African startup to have raised over $1m in less than 6 months…
With ‘Super Follow’, you can now get paid for tweeting on Twitter
Two weeks after it hinted on bringing subscription plans in 2021, @Twitter has finally announced how users can earn by tweeting. It plans to introduce ‘Super Follow’ and a few other featur…
Report: Nigeria has the least affordable Internet in the world
A new report states Nigeria has the least affordable Internet in the world. Apparently, Nigerians have to work for 27 minutes 55 seconds to afford 1GB of mobile data compared to a global average of 10…
Jumia’s 2020 earnings, Future Africa Fund backs Termii, Sub-Saharan Africa loses $237m
Today on #TechpointDigest, Oluwanifemi and Emmanuel discuss Jumia Group’s earning call, Future Africa fund and Microtraction’s investments in Termii, and how sub-Saharan Africa lost $237m to Internet …
Jumia losses dropped by 34% in 2020, yet it witnessed slower growth
Africa focused eCommerce giant, Jumia, has announced its earnings for the final quarter and the full year 2020. Though losses continue to drop, there’s much slower growth compared to 2019. Find …
Google’s media innovation fund, Open Banking in Nigeria, Angolan crowdfunding startup, Deya’s pre-seed
Today on #TechpointDigest, @nifemeah and @eruskkii discuss @Google’s move to support media innovators, the impact of Open Banking in Nigeria (@openbanking_ng), and Angolan crowdfunding startup, …
Media innovators in Africa and the Middle East stand to get $150k fund from Google
Google announces the second round of its Google News Initiative (GNI) Innovative Challenge to fund media innovators in Africa, the Middle East, and Turkey. Find out what this means for African news st…
NIN and COVID-19 spike, Spotify plans Africa entry, healthtech funding up 404%
Today on #TechpointDigest, @nifemeah and @eruskkii discuss the sickening impact of Nigeria’s NIN Registrations, Spotify’s plan for Nigeria and other African markets, and VC funding growth for Nigerian…
Spotify coming to Nigeria, 40 other African countries, amidst heavy local competition
Late to the party? @Spotify is going live in 41 new African countries including Nigeria, Ghana and Kenya. The pioneering music streaming platform will have present players like @AppleMusic, @youtubemu…
In 2020, Nigeria lost ₦5b to fraud in 9 months: What you need to watch out for
Nigerian financial institutions lost ₦5b to fraud in 9 months, and criminals defrauded over 48,767 unique subscribers. As digital channels become prevalent, find out what you need to watch out for in …
Nigerian healthtech startup funding grew 404%, eCommerce almost hit 5900% in 2020
While investor focus deepened on cleantech across Africa, healthtech startups were second only to fintech companies in funding size and deals made in 2020. Online retail also made a huge comeback. Let…
BTC black market, 85.9m broadband subscribers in Nigeria, MultiChoice vs Netflix
Today on #TechpointDigest, @theYinkaSanya discusses Nigeria’s bitcoin black market as an upshot of the CBN ban, Nigeria’s 85.9m broadband subscribers and @MultiChoiceGRP vs @netflix in Afr…
Techpoint Startup School is coming to Port Harcourt this April
Techpoint Startup School is coming to #PortHarcourt this April! It is going to be a limited physical-only attendance, so hurry up and register now…
Safaricom’s Ethiopia licence, Nigerian IoT startup’s demise, Another cleantech fundraise
Today on #TechpointDigest, @eruskkii and @nifemeah discuss Ethiopia @SafaricomPLC telecom licence bid, Ghana’s plan to reduce data costs, an update on @grit_systems, and @SunCultureKenya $11m f…
MTN Mastercard partnership, Quickteller and eCommerce, SFAN’s $250k pre-seed
Today on #TechpointDigest, @nifemeah and @eruskkii discuss @MTNgroup’s partnership with @Mastercard, @Interswitch’s eCommerce play, fraud in Nigeria’s financial sector, @sfanonline $250k pre-seed, and…
What you need to know as Nigeria’s lawmakers plan to disqualify journalists without media degrees
Nigeria’s online media space might be set for upheaval as the Nigerian House of Assembly resumed deliberations on a bill that will disqualify and penalise journalists without journalism or media-relat…
Nigeria’s journalism woes, From Uber to Netflix, Clubhouse’s privacy concerns
Today on #TechpointDigest, @nifemeah and @eruskkii discuss @ebiatawodi’s @netflix move, @NOIweala’s @wto appointment, @joinClubhouse privacy concerns, and Nigeria’s move to disqualify journalists with…
Jay Z, Dorsey, Mastercard for crypto, Casablanca-Togo submarine cable, Pngme raises $3m
Today on #TechpointDigest, @MuyoSan and @nifemeah discuss @Mastercard’s decision to adopt crypto, a new submarine cable to connect Francophone Africa and @pngmemobile’s $3m seed round.…
Nigeria’s SEC pauses crypto regulation plans, confirms intent to regulate Investment-tech
Nigeria’s Securities regulator has paused plans to regulate the crypto space due to the CBN’s directive that disconnects crypto players from the banking system. It also confirms possible investment-te…
