44 US state attorneys general have compelled Facebook to scratch Instagram for children because it exploits vulnerable children and might affect their mental health. Despite the inclusiveness, what’s …
News
Jumia’s mixed Q1 2021, Facebook = Twitter and Clubhouse, some funding news
Today on #TechpointDigest, @eruskki discusses @jumiagroup’s earnings call for Q1 2021, Facebook’s latest play for live audio chat and its plans to combat misinformation.…
18 months into a new strategy, how close is Jumia to profitability?
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 profita…
First test of Clubhouse-like Facebook audio features begins
As Clubhouse launches its Android beta testing app, Facebook begins its first test of Live Audio Rooms, a Clubhouse-like feature set to allow Facebook users enjoy group voice conversations…
Over 150 Nigerian fintech startups reportedly generate annual revenues of over $5 million
With massive investments in the fintech sector, over half of Nigerian fintech startups report generating revenues of over $5 million.…
Jessica Hope: Considering scale as an African entrepreneur
On April 30, 2021, the UK Nigeria Tech Hub hosted Jessica Hope, Founder of Wimbart at the Building from Ground up series in partnership with Techpoint Africa. Here are the key takeaways…
Cameroon’s Maviance to digitise payments across central Africa with $3 million funding
With $3 million funding from a sole investor, MFS Africa, Maviane wants to extend its reach across Central Africa. But could this be a ploy by MFS Africa to slowly dominate fintech on the continent?…
Like Twitter, Facebook now wants you to read articles before you share
Facebook borrows a leaf from Twitter by adding a feature that prompts you to read an article before sharing it. The company hopes this move would help it combat the spread of fake news on its platform…
South-African edtech company, iXperience, secures $2.5 million in Series A funding
South African edtech startup, iXperience, has raised $2.5 million Series A led by Kalon Venture Partners for team growth, innovations, and strategic partnerships.…
Is SIM registration easier? Uber fare raise, WhatsApp post-May 15
Today on #TechpointDigest, @nifemeah explores the latest development about SIM registration, increased @UberNigeria fare in Lagos, and @WhatsApp’s updated result for ignoring the May 15 deadline…
Why you can’t register new SIMs everywhere in Nigeria for now
The Nigerian Government has lifted the ban on new SIM registrations, but registering a new SIM is still a challenge for Nigerians. Here’s why.…
Uber riders will now pay more for rides as the ride-hailing company increases fares by 13%
Residents in Lagos State will now have to pay more for Uber rides following a 13% fare increase for the economy option, Uber X. Is this a way to reduce commissions as drivers requested during the rece…
Meet the instructors at Techpoint Startup School (Port Harcourt edition)
Meet the instructors at Techpoint Startup School (Port Harcourt edition)…
Clubhouse officially launches Android app
Clubhouse has launched the Android version of the app. Only available to US residents, the startup is looking to broaden its reach with time. Perhaps, this new feature might lead to a revenue boost fo…
Internet from space to Nigeria, African fintech reports
Today on #TechpointDigest, @eruskkii explores @SpaceXStarlink’s licence in Nigeria and fintech reports in 2021.…
SpaceX wants to secure licences to fully launch its satellite Internet service in Nigeria
In January 2021, the NCC licenced SpaceX to beam Starlink satellites signals to Nigeria, as well as a landing permit for up to 4,408 satellites. Per recent reports, it plans to secure a licence to ful…
You can now send and receive money on Twitter with Tip Jar
Twitter’s new feature, Tip Jar, will allow users to send and receive money through their Twitter profiles. Though only available to limited users, the feature will soon be available to more people.…
Nigerian startups could bag more government ICT contracts with new policy
The Federal Government of Nigeria has launched two policies. One that may see Nigerian startups gain more government ICT contracts, the other reiterating its push for mandatory NIN registration…
Nigeria and 5G, Amazon’s tripling profits, Thrive Agric payout subscribers
Today on #TechpointDigest, @ifeanyindiomewe discusses Nigeria’s 5G boost, Amazon’s tripling profits Amidst COVID-19 and the big news from the stables of Thrive Agric…
What Google’s hybrid work plan means for the future of remote work
Google has decided to adopt a hybrid workplace plan. Would African businesses follow suit? If flexibility, according to Sundar Pichai, is the future of work, is hybrid flexible?…
