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Top 5 Virtual Dollar Card Providers in Nigeria for 2024

Gone are the days when you could simply swipe your naira card for that Apple music subscription or Amazon purchase. With recent restrictions on using naira cards for international transactions, paying for services outside Nigeria has become challenging. Suddenly, everyday subscriptions and online shopping feel out of reach. But that’s where virtual dollar cards come…

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OPay introduces “Large Transaction Shield” to guard against financial fraud 

Nigeria’s fintech growth has heightened the need for secure transactions. OPay addresses this with stringent regulatory compliance and industry certifications like PCI-DSS and ISO certifications.

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Art-tech startup, Raknida to begin streaming art as it explores new revenue streams

The co-founders of Raknida, an art-tech platform, have revealed their plans to launch an app that will allow people stream art as they do music. They also answered questions about go-to-market strategy and revenue opportunity.

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Pitch Friday: Strategic planning for growth

As the year draws to a close, many organisations are entering strategy mode ahead of the new year. That’s why we’re dedicating some time at Pitch Friday to helping early-stage startup founders build a strong foundation for business growth.  We are hosting a masterclass on ‘Strategic Planning for Growth.’ This masterclass is designed to help…

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World Bank wants to give high-speed Internet access to 300 million women by 2030

The World Bank has announced its plans to expand economic opportunities for women in Africa, including providing broadband access to 300 million women globally by 2030 and increasing access to capital and social protection.

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Over 31,000 merchants in South Africa now accept crypto on Luno

Luno customers can now make crypto payments of up to R100,000 (~$6,000) at over 31,000 merchants in South Africa thanks to a partnership with Zapper.

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Nigerians can now participate in a $1 million gaming tournament, but there’s a problem

Nigerians can now compete in a $1 million gaming tournament in the US, but many of the gamers do not have the funds to travel. Is there hope for them and the African eSports industry? Find out.  

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The Nigerian government wants to track your mobile phone

Today on TechpointDigest, we discuss tracking mobile phones in Nigeria, Nigeria’s gaming scene levels up, and telecoms workers’ indefinite strike action.

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MTN’s CEO favouritism saga: Case closed

Today on TechpointDigest, we discuss MTN’s CEO saga’s case closed, job-hopper’s secret, fintechs rolling out controversial fee, and Starlink launching in Zimbabwe.

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MTN Nigeria secures a licence to generate electricity in Lagos

The Nigerian Electricity Regulatory Commission (NERC) has granted MTN Nigeria and other companies permits to generate power across several captive power plants in Lagos State.

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$220m fine: Why FCCPC’s fight with WhatsApp is valid

On today’s episode of the Techpoint Africa Podcast, our hosts, Oluwanifemi Kolawole and Bolu Abiodun are joined by tech lawyer, Rosemond Phil-Othihiwa to discuss African tech stories making the waves this week. First, we go to Meta and its lawsuit with the Federal Competition and Consumer Protection Commission (FCCPC). The FCCPC has imposed a $220…

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SA’s ride-hailing LULA acquires Zeelo

Today on TechpointDigest, we discuss building the first Igbo AI model, SA’s ride-hailing LULA acquiring Zeelo, and OKX pulling out of Nigeria by August.

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Introducing Founders Clinic: Transform your startup journey with mentorship from top Nigerian operators and founders

Ready to take your startup to new heights? Apply for Founders Clinic, our eight-week mentorship program, and get guidance from experienced professionals.

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Copia Global lays off its remaining staff

Today on TechpointDigest, we discuss Copia Global laying off its remaining staff, Elevate’s $5 million pre-Series A, and Telecom Egypt and SubCom’s completeing a subsea system in Egypt.

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Seacom launches a satellite service two months after a subsea cable disruption

South African telco Seacom has launched a low-earth orbit (LEO) satellite service in South Africa. This move comes two months after the company experienced a subsea cable system outage lasting over 48 hours in the Red Sea region.

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Planned telecoms union strike called off…for now

Today on TechpointDigest, a detained Binance executive appearing in court, PiggyVest going public, NGX investing in Ethiopia’s first Securities Exchange, Nigeria increasing electricity tariffs by 240%, and calling off a planned strike in Nigeria.

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South Africa joins Seychelles, Mauritius to offer skilled remote workers digital nomad visas

After a public comment period ending on March 29, 2024, the authorities in South Africa have now enacted the proposed regulations into law. The document on the proposed digital nomad visa was released in February 2024.

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Nigeria could face another Internet disruption today

Today on TechpointDigest, we discuss Nigeria facing another Internet disruption, the reason Nigerians are obsessed with virtual weapons, LemFi’s approval to operate in Kenya, and Mogo partnering with Roam to push electric motorbikes in Kenya.

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Meta refutes sharing users’ data with Netflix

Reports claim that Facebook’s parent company, Meta, gave Netflix access to Facebook users’ direct messages; however, the company’s director of communications refuted these claims.

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As fraud threatens Nigeria’s fintech boom, collaboration and stricter compliance could save the day 

In light of fraudulent activities threatening Nigeria’s fintech progress, Toyeeb Ibrahim, CEO of Leatherback, advocates for collaboration and stringent compliance to effectively combat fraud.

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