Nigerian learning tech platform, @uLessonApp is kickstarting 2021 on a high note. The startup has raised $7.5m in Series A, led by US-based Owl Ventures, bringing its total investments to $10.6m in ju…
6 Nigerian tech policies to watch out for in 2021
In 2020, many tech policies came into effect while others hung over different sectors’ heads. Here are some policies Nigeria’s tech industry players in logistics, fintech, and others should watch out …
With privacy fears, yet numerous benefits, WhatsApp users face the Hedgehog’s Dilemma
A poll conducted to sample WhatsApp users’ opinions about jumping ship for privacy reasons shows that many people using the platform for business are not bothered. What may have influenced this?…
Social media shutdown in Uganda: The thin line between moderation and outright censorship
Following recent events, discussions about who should police social media use, and to what extent, have arisen again. We examine the primary reasons for moderation and consider when it becomes abuse.…
Ghanaian-based fintech startup, OZÉ raises $700k seed to drive growth for African MSMEs
OZÉ, the Ghanaian fintech startup founded in 2017 to help MSMEs with capital has raised $700k in seed funding. Anorak Ventures, Matuca Sarl, and Rising Tide Africa joined Ingressive Capital and MEST t…
Nigeria recorded $428 billion worth of e-transactions in 2020, 42% higher than in 2019
In what was quite an electronic year, 2020 data from the Nigeria Inter-Bank Settlement System shows that Nigeria recorded $13 billion worth of POS transactions and over $415 billion in Inter-bank tran…
Flutterwave remains the most valuable YC-backed African startup
US seed-stage accelerator, Y Combinator released its updated Top Companies list which includes companies with $150m+ in valuation. Flutterwave is the only African startup on the list despite Paystack&…
What you should know as SEC plans to regulate Chaka, Trove, other investment-tech apps
In 2020, Nigeria’s Securities regulator sent a court order restricting investment platform, Chaka from offering or advertising stocks. The details of this move suggest it wants to regulate how every N…
Africa’s dependence on Facebook companies and the WhatsApp conundrum
WhatsApp’s request for users to agree to a new privacy policy by February 8 or risk losing their accounts has sparked reactions online. Telegram and Signal have been touted as options; what does this …
Fintech predictions for 2021: Visa, Mastercard, to acquire Nigerian fintech giants
From huge upticks in cashless transactions to the landmark acquisition of Paystack, Nigeria’s fintech space witnessed immense growth In 2020. Let’s take a look at some of the financial predictions for…
In 2020, Nigerians traded more than $400m worth of crypto on local crypto exchange platforms
In October 2020, UsefulTulips reported that $32.3m worth of bitcoin was traded in Nigeria. And judging by the numbers of different crypto-exchange platforms, Nigerians likely traded $400m+ worth of cr…
9 game-changing policies that rocked Nigeria’s tech community in 2020
Dubbed ‘The year of the pandemic,’ 2020 will also be remembered as the year of significant game-changing policies for Nigerian startups and the broader technology space. Let’s take a look.…
Techpoint Africa is 6! We are just getting started
They say 50% of businesses don’t make it past their 5th year; Techpoint Africa is officially 6 years!! We made it, in spite of the pandemic!!! Here are our favourite milestones in 2020 and futur…
The 10 most memorable Nigerian tech moments of 2020
Despite the COVID pandemic, 2020 gave us some surreal moments. From Paystack’s acquisition to tech ecosystem stakeholders rallying around during the #EndSARS movement, here are our ten most memorable …
Reviewing Nigerian fintech predictions for 2020
In January 2020, a seasoned financial expert, @dejiolowe, made what is best described as educated and fun guesses for Nigeria’s financial sector: He walks us through the happenings of the year.…
Data privacy is a myth, Facebook is the scapegoat
This article is well over 2 years old. The Internet gave us virtually everything in exchange for our privacy, which we voluntarily gave away with no questions asked, yet we keep clamouring for data pr…
