ICYMI: Here is the complete list of winners and Hall of Fame inductees at the recently concluded Techpoint Awards 2020…
News
Ekiti partners mobility startup, MAX.ng to digitise Okada and Keke operations
Similar to Kampala, Uganda, Ekiti State, Nigeria has partnered with on-demand mobility startup, MAX.ng to digitise operations for commercial motorcycle and tricycle riders with an eye on safety and se…
Nigeria waives RoW charges on federal highways to boost Internet quality
The Nigerian federal government has waived RoW charges on federal highways around the country. While this has not been an issue at the federal level, the pressure for state governments to follow suit …
Meet the judges of the maiden edition of Techpoint Awards
Meet the external judges for the inaugural edition Techpoint Awards, one of the line up of events for Techpoint Build 2020.…
Tecno phones in these African countries have malware, but there’s a fix
Phone manufacturer, Tecno admits that some of its products have a pre-installed malware. However, it claims there’s a ready fix to it. Meanwhile, third parties are still a major cause of mobile securi…
Here are the African startups from Y Combinator’s Summer 2020 Demo Day
Y Combinator held its Demo Day online for the 2020 summer batch. Five African startups made the cut out of 192 that participated in the 2-day long event.…
Africa-focused remittance company, Sendwave, acquired by WorldRemit in rumoured $500m deal
Global cross-border payments company, WorldRemit has announced that it will acquire US-based and Africa-focused remittance app, Sendwave. The deal, rumoured to be around $500m, will be finalised in Q4…
Here is the complete agenda for Techpoint Build 2020
Reminder: Techpoint Build 2020 is only a day away (August 27 and August 28). Here’s the complete agenda for the 2-day virtual event.…
Kenya earmarks $140 million to connect public primary schools to the Internet
In yet another plan to boost e-learning, the Kenyan government and UNICEF will be co-funding a project to deepen Internet infrastructure and secure tablets for public school pupils in the country…
MTN Group appoints Ralph Mupita as new CEO starting September 2020
In the midst of an ongoing strategic upheaval, MTN Group has appointed its current chief financial officer, Ralph Mupita as new CEO from September 2020.…
UPDATED: Why you should not use the NIMC app yet
An app recently surfaced online, allowing Nigerians to generate their National identity card, but its several flaws soon became apparent. On a closer look, it appears there’s a lot more to be worried …
Lagos adjusts ride-hailing regulations, shifts deadline to August 27, 2020
Lagos state has adjusted its proposed ride-hailing regulations. There will now be a ₦20 flat fee for each trip and a 20% reduction in licence fee, but there are still questions on data and vehicle req…
ICT Policy: Foreign tech companies to give up 30% ownership to Kenyans
Inside Kenya’s recently released ICT policy, foreign tech companies looking to set up shop in Kenya would have to relinquish 30% ownership rights to Kenyan citizens. We explore the possible effe…
Kenyan HR startup, WorkPay, raises $2.1m seed funding led by Japanese VC, Kepple Africa
Within the past year, Workpay secured $100k and $150k cheques from Kepple Africa and Y Combinator. The pair, alongside other investors, have participated in the startups’ $2.1m seed round for Ea…
Q2 2020: Jumia shares crash 40% as earnings reveal drop in losses and sales value
Jumia’s financial report for Q2 2020 reveals that the eCommerce giant saw the entire value of its sales drop during the pandemic. Despite this drop, the company saw its loss decline for a second conse…
Lagos to enforce regulations on Uber, Bolt, others from August 20, 2020
The Lagos State Government is set to enforce regulations on ride-hailing companies. Key highlights include a ₦25 million licence fee, state driver badge, and a vehicle not older than three years from …
Total upheaval: MTN looking to sell stake in Jumia, end the Middle East operations
MTN Group looks set for a major restructuring as it plans to cash out on Jumia, IHS Towers in the future and exit its operations in the Middle East to focus on Africa. …
NCC: Nigerian banks, not customers, to pay for USSD sessions
Nigeria’s telecom regulator, NCC has ordered mobile network providers to agree with banks on a newly approved USSD charge. Though customers are excluded from paying, they might still end up bea…
Nigeria approves ban on local exclusive VoD content, $13,000 hate speech fine
The Nigerian Government has approved the revised code by the NBC that limits the acquisition or airing of exclusive/original local content on online streaming platforms, and places fine for hate speec…
Colombian-based accounting startup, Alegra expands to Africa, hopes to dominate market
Alegra is a Colombian-based accounting software for MSMEs being used in 25 countries. With the backing that comes from being part of the Endeavor network, Africa is its next target market.…