Building on the feedback of several earlier adopters that grew over time—to about 11,000 as at launch—the team at Fundall finally launches what it calls the full version of its digital bank. In …
Millionaire West African Startups: Nigerian investors are second only to the US in size and deals made
West African millionaire startups keep increasing each year, majorly rising on foreign funds. However, since 2010, only US investors have outperformed Nigerian investors in size and number of deals ma…
Kenya’s plans for digital taxes and its data protection bill hit a potential snag
Kenya’s plan to tax enforce digital taxes, and some provisions of its data protection bill could face a major stumbling block as it begins free trade negotiations with the US. …
Serial entrepreneurs in West Africa received the most funding over the last decade
Techpoint Africa’s West African Startup Decade Report revealed that founders with more than one startup raised 82.7% of the funding recorded in the last ten years. Find out the edge serial founders ha…
Why agro-crowdfunding platform, Thrive Agric is defaulting on payments despite insured operations
Six months ago, Nigerian agro-crowdfunding platform, Thrive Agric, started defaulting on payments. With multiple cases now, the startup is even finding it difficult to return subscribers’ capita…
Remitano Launches Mission, a New Online Job Market for Crypto Lovers
Remitano, global P2P crypto exchange, has just launched a new online job market – MIssion, the platform’s latest element in its push to realize its full potential and open a new window of …
itel picks new brand slogan, ‘Enjoy Better Life’, unveils S16 Series
Adds itel TV, smart accessories to product line Lagos; October 5, 2020: itel Mobile, the foremost customer-centric brand has today presented her new brand direction and slogan, Enjoy Better Life at a…
How cryptocurrency should be regulated in Nigeria
Nigerians are massively adopting crypto and regulations are essential to protect consumers, but how and where do we start charting a course for crypto regulations? This article dives into this and oth…
The fintech sector made up 35% of Millionaire West African Startups in the last decade
Data from Techpoint Africa’s West African Startup Decade Report reveals that 35% of West African startups that have raised up to a million dollars are in the financial services sector. But what …
Industry Group set to host a national dialogue on taxation and developing the non-oil sectors
…as the Economic Sustainability Committee (ESC) design strategies for economic growth through taxation The Telecommunication and Technology Sustainability Working Group (TTSWG) will host an industry c…
Introducing the West African Startup Decade Report
Introducing the West African Startup Decade Report, an in-depth analysis of the funding activities of Internet startups in the region between 2010 and 2019, breaking down founder and investor origins,…
40,000 young women and men in Nigeria will be equipped annually with entrepreneurial skills through EDC partnership with the Mastercard Foundation
The Enterprise Development Centre (EDC) announced a partnership with the Mastercard Foundation to launch the Transforming Nigerian Youths program. Recognizing that employment is a pathway …
How Africa’s changing Internet culture gave BBNaija its best outing yet
Defying the pandemic, Big Brother Naija (BBNaija), a popular Nigerian reality show, aired for 71 days this year. As the winner emerged on September 27, available data revealed it is a likely influence…
RexPay Drives Advancement in E-commerce and Online Payments
At the turn of every new decade, there is always a groundbreaking technology that comes to define that era. With the creation of social media platforms like Facebook and Twitter in the 2000s, our worl…
What is at stake if TStv delivers on its promise this time
Late last month, TStv, Nigerian pay-TV, promised a nationwide comeback, again. Besides the question of whether or not it will deliver on its promise, we examine the business model and any prospect to …
Financial inclusion in Nigeria: Fintechs are merely scratching the surface
In the past few years, Nigeria’s fintech sector has grown in leaps and bounds, and has become the main attraction for VC investments. Despite the range of services, gaps in financial inclusion persist…
Orange partners Google to launch $30 4G smartphones for Africans soon
In a bid to further drive digital penetration in Africa and Middle East, French telco, Orange in collaboration with Google plans to release affordable 4G smartphones called Sanza — costing $30 …
Likened to Cash App, Abeg’s P2P mobile payment play is for African millennials
On September 22, Nigeria tech Twitter was in a frenzy over the launch of fintech app, Abeg. Now, with more than 5k downloads, here’s what you need to know about the startup and what it hopes to achiev…
Android app developers must now give 30% of all in-app purchases to Google
A Google Play policy that requests 30% take on all in-app purchase payments on all Android apps will soon be enforced. Having updated it for clarity, Google says this will kick off by September 2021…
Itanna Invests $150,000 in Indicina Technologies Seed Round
Itanna, the venture capital arm of Honeywell Group, announced its participation in Indicina Technologies’ most recent round of seed funding, investing $150,000 in the fintech start-up. The new financi…