| Date | Title | Description |
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| Feb 28, 2022 | The art of crowdfunding a war, crypto style | Share this article:
Hello there,
There are two types of people in the world right now: those following the Ukraine-Russian tensions religiously and the others who are tired of any news related to the conflict. For now, I’m neither.
In the l... |
| Feb 21, 2022 | Flutterwave 3.0, Google’s Android Privacy Sandbox, Africa-produced mRNA vaccines | Share this article:
Good day,
In the last few weeks, on every social media platform I use — mainly Twitter and WhatsApp — one of the first things I see is “Wordle 2/6” or “Wordle 1/6”, followed by some green, yellow, and white squares.
Now ... |
| Feb 10, 2022 | Where does your data go when you die? | Share this article:
Lolade woke up that morning with some pain in her chest. She had experienced it the day before, deciding to go to bed much earlier than her usual time of 10 p.m. She was also very tired despite having had the required ei... |
| Jan 6, 2022 | Nigerian fintech predictions for 2022: Dollar exchanges go the way of Bitcoin | Share this article:
If 2021 was an amazing trip for Nigerian fintechs, then 2022 could be a blast off to space. That’s how significant the exponential growth in the fintech space has been in recent years, and it creates room for bullishness... |
| Dec 31, 2021 | Reviewing Nigerian fintech in 2021: Local investors are stepping up | Share this article:
Between January and September 2021, African fintechs raised up to $1.4 billion, signalling an increasing investor appetite for Africa’s growing fintech space, and Nigeria has taken centre stage.
When Paystack and Flutter... |
| Dec 20, 2021 | Meet the 15 semi-finalists for Pitchstorm 3.0 | Share this article:
In November 2021, we announced applications for Techpoint Africa’s Pitchstorm, a pan-African startup competition focused on amplifying the work of startups pushing the envelope with world-class solutions.
Pitchstorm goes... |
| Nov 25, 2021 | The next frontier for fintech: Disruptive business models | Share this article:
Last week, we introduced our latest series, The Next Frontier, and talked about the shape of the edtech industry in the future. This week, as you’ve probably guessed, we’ll be talking about fintechs.
Africa’s fintech ind... |
| Nov 22, 2021 | 6 Nigerian agencies unite to fight data privacy abuse by money lending fintechs | Share this article:
On May 15, 2021, I received a message from a lending company informing me that Mrs X, someone I met in 2020 during my National Youth Service Corps (NYSC), had not repaid a loan they took. I had been supposedly listed as ... |
| Nov 18, 2021 | Technology, funding, learning models: What is the next frontier for edtech startups in Africa? | Share this article:
“Something good is a frontier; something better is also a frontier and something excellent is just another frontier! You can always go beyond these frontiers! And so what is excellent? Just a frontier!” — Mehmet Murat il... |
| Nov 15, 2021 | Nigeria’s online housing portal, loans and data privacy, news roundup | Share this article:
Hi there,
Today I’m discussing:
Nigeria’s first online housing portal
NITDA’s Crackdown on data privacy abuse
A handful of other news Nigeria’s first online housing portal
Photo by Alexander Trukhin on Unsplash
On Friday... |
| Oct 22, 2021 | Techpoint Awards, AltSchool by TalentQL, Privacy Roundtable PT2, Brass’ $1.7m funding | Share this article:
Good day.
Today, I’m discussing:
TalentQL’s AltSchool
Privacy Roundtable PT2
BIZ301 for SMEs
Brass’ latest funding You can now get a Diploma in Software Engineering from AltSchool
You won’t believe this. In 2021, over 1 ... |
| Oct 15, 2021 | With $350k pre-seed, PaySika is building a neobank for the unbanked in Francophone Africa | Share this article:
The office suddenly felt much colder as the young man took in the departmental officer’s words. His dream of being one of the foremost robotic engineers at a top university in the Francophone world seemed to have ended b... |
| Sep 16, 2021 | Introducing the Privacy Roundtable: A little housekeeping before we begin | Share this article:
Two days ago, I received a call from my best friend. She had recently been sent a message by a loan company informing her that someone had taken out a loan and defaulted. She was listed as a guarantor and was to ensure t... |
| Aug 26, 2021 | Tizeti is testing a next-gen technology that could bring 5G-level speeds to Nigeria | Share this article:
If you are in Nigeria and have a smartphone close by, let’s do a little test. Spoiler Alert, we’re borrowing a leaf from Tizeti’s playbook, so try to keep up.
Go to Speedtest.net on your browser and let it load for a few... |
| Jun 24, 2021 | Chaka secures trading licence, Facebook’s eCommerce revolution, Uganda’s Airtel Money split | Share this article:
Good day,
Today, I’m discussing:
Chaka’s SEC licence
Facebook’s e-commerce updates
Airtel Money separates from Airtel Uganda Chaka secures SEC’s first digital stock trading licence
What happened? Chaka, an investment-tec... |
| May 27, 2021 | These 11 startups are preparing African kids for the future | Share this article:
“Knowledge is power. Information is liberating. Education is the premise of progress, in every society, in every family.” – Kofi Annan.
Education is vital for any society looking to make any form of progress. In Africa, ... |
| May 24, 2021 | Safaricom consortium gets Ethiopia’s first private national telecoms licence | Share this article:
Nearly three years after Ethiopia’s Prime Minister, Abiy Ahmed, announced plans to open up the country’s telecommunications sector, a new nationwide telecom licence has been granted to the Global Partnership for Ethiopia... |
| May 17, 2021 | Amazon-M-Pesa integration, Nigeria’s first blockchain hub, Nigerian Startup Bill proposal | Share this article:
Good day,
Emmanuel here. Today I’m discussing:
Amazon-M-Pesa integration
Nigeria’s first dedicated blockchain hub
Nigerian Startup Bill proposal Amazon-M-Pesa integration
Photo Credit: hktang Flickr via Compfight cc
M–Pe... |
| May 13, 2021 | If not Okada, then…, Airtel’s Q1 2021 earnings | Share this article:
Good day,
Oluwanifemi and Bolu here. Today we’re discussing:
Replacement for Okada in Lagos
Airtel’s Q1 2021 earnings report Last-mile buses to replace Okada
It’s about to happen: Lagos State Governor, Babajide Sanwo-Olu... |
| May 13, 2021 | Airtel records 6.9% subscriber growth and massive profits in Q1 2021 | Share this article:
Telecom giant, Airtel, has released its financial report for Q1 2021. It increased its data and mobile money subscribers significantly between January and March 2021. The company also saw a massive rise in profit from Q1... |
| May 6, 2021 | Ethiopia to create blockchain-based identities for 5 million students with new partnership | Share this article:
Africa has been described as the best place for blockchain to thrive because of the lack of existing systems. In reference, Twitter CEO Jack Dorsey said in a TechCrunch article, that Africa will define the future of bloc... |
| May 5, 2021 | Nigeria is slowly laying the groundwork for 5G deployment | Share this article:
The Nigerian Communication Commission (NCC) announced on its Twitter handle that it has signed a Memorandum of Understanding (MOU) with the Nigerian Communications Satellite (NIGCOMSAT) Limited on the use of C-Band Spect... |
| May 5, 2021 | MTN goes public in Rwanda, Carry1st raises $6m, Twitter acquires Scroll | Share this article:
Good day,
Oluwanifemi and Emmanuel here. Today we are discussing:
MTN’s Rwandan unit goes public
South Africa’s Carry1st raises $6 million Series A
Twitter acquires Scroll MTN’s Rwandan unit goes public
Photo Credit: USA... |
| May 3, 2021 | Social media supporting local media, MTN’s impressive Q1 2021 | Share this article:
Good day,
Oluwanifemi and Emmanuel here. Today we are discussing:
Social media support for local news media
MTN defying the odds once again in Q1 2021
Notable events from last week, such as CBN’s hammer
Social media supp... |
| Apr 21, 2021 | How to get free (and effective) press for your startup | Share this article:
It feels good to own a startup. But building it, getting customers, making profit, making it a recognised brand, etc. is not always easy.
At our last edition of Techpoint Startup School, I taught a class on getting free ... |
| Apr 19, 2021 | $18.6m Samurai fund for African startups, Airtel is Nigeria’s fastest mobile network? | Share this article:
Good day,
Múyìwá here, Today, I am exploring
Samurai Incubate’s $18.6m fund for African startups
Ookla’s Q1 Market Report on the state of Nigeria’s mobile and fixed networks Samurai Incubate raises $18.6m to invest in mo... |
| Apr 14, 2021 | Numida raises $2.3m, MTN’s mobile money valuation, LinkedIn’s new job titles | Share this article:
Good day,
Oluwanifemi and Emmanuel here. Today we are discussing:
Uganda’s Numida raises $2.3m
MTN’s mobile money valuation
LinkedIn’s stay-at-home job titles Numida raises $2.3m seed
Numida team. Source: TechCrunch
Ugan... |
| Apr 13, 2021 | Twitter chooses Ghana, Appzone raises $10m, Airtel Kenya 30% stake | Share this article:
Good day,
Oluwanifemi and Emmanuel here. Today we are discussing:
Twitter’s Africa office
Nigerian fintech, Appzone’s $10m Series A raise
Airtel to sell a 30% stake in its Kenya business Twitter chooses Ghana
Twitter exe... |
| Mar 12, 2021 | CBN’s ₦5 Giveaway, Savannah Fund’s $25m purse, Twitter Space public launch | Share this article:
Good day,
Yinka Awosanya here. Today we are discussing:
CBN’s ₦5 for $1 Scheme
Savannah Fund’s $25m Africa tech seed fund
Twitter Space’s public launch
A quick correction: Yesterday and Wednesday’s newsletters referenced... |
| Mar 2, 2021 | MTN Nigeria’s 2020 earnings, Ghana’s fintech sandbox, Foreign investors in 2020 | Share this article:
Good day,
Oluwanifemi and Emmanuel here Today we are discussing:
MTN Nigeria releases 2020 earnings
Opera’s Q4 2020 earnings
Bank of Ghana launches regulatory sandbox
Nigeria owes 71% of startup funding in 2020 to foreig... |
| Feb 25, 2021 | Report: Nigeria has the least affordable Internet in the world | Share this article:
Nigeria might be reportedly experiencing increasing broadband penetration but, according to a new report, it has the least affordable Internet in the world.
Surfshark’s Digital Quality of Life report 2020 ranks Nigeria 8... |
| Feb 22, 2021 | In 2020, Nigeria lost ₦5b to fraud in 9 months: What you need to watch out for | Share this article:
The Nigeria Inter-Bank Settlement System (NIBSS) has released its industry fraud report for Q3 2020. As presented by various financial institutions, the report captures major talking points around fraud volume, fraud tec... |
| Feb 18, 2021 | Safaricom’s Ethiopia licence, Nigerian IoT startup’s demise, Another cleantech fundraise | Share this article:
Good day,
Oluwanifemi and Emmanuel here Today we are discussing:
Ethiopia’s telecom licence bid
Ghana’s plan to reduce data costs
The fate of IoT hardware startup, Grit systems
SunCulture’s $11m fundraise Safaricom short... |
| Feb 17, 2021 | MTN Mastercard partnership, Quickteller and eCommerce, SFAN’s $250k pre-seed | Share this article:
Good day,
Oluwanifemi and Emmanuel here Today we are discussing:
MTN Mastercard partnership
Quickteller ventures into eCommerce
Some funding news MTN Mastercard partnership
Photo Credit: Olgierd (dogs, gear, equipment, e... |
| Feb 15, 2021 | Jay Z, Dorsey, Mastercard for crypto, Casablanca-Togo submarine cable, Pngme raises $3m | Share this article:
Good day,
Múyìwá and Oluwanifemi here. Today we are discussing
Jack Dorsey and Jay Z working to fast-track bitcoin adoption
Mastercard bringing cryptocurrency to its network
Moov-Africa to deploy submarine cable from Cas... |
| Feb 12, 2021 | Nigeria’s SEC pauses crypto regulation plans, confirms intent to regulate Investment-tech | Share this article:
Nigeria’s Securities and Exchange Commission (SEC) has put plans to regulate the Nigerian crypto space on hold. It stated that this became necessary given the validity of the Central Bank of Nigeria’s (CBN’s) crypto orde... |
| Feb 6, 2021 | What the CBN’s crypto order means for you going forward | Share this article:
The Central Bank of Nigeria (CBN) ordered Commercial Banks and other licenced financial institutions to, with immediate effect, stop facilitating transactions for cryptocurrency exchanges in Nigeria.
The apex bank stated... |
| Feb 5, 2021 | Nigeria’s Facebook Marketplace, Ghanaian $790k funding, Kenya’s lending woes | Share this article:
Good day,
Múyìwá Mátùlúkò here Today we are discussing
Activation of Facebook Marketplace in Nigeria
Agrocenta’s $790k pre-Series A round
Chronic digital debtors in Kenya Facebook Marketplace finally in Nigeria
Image by ... |
| Feb 4, 2021 | Wikipedia’s Africa impact, Bundle’s $85m transactions, Safaricom 2020 earnings, Nigeria’s Internet subscriptions | Share this article:
Good day,
Oluwanifemi and Emmanuel here Today we are discussing:
Twitter takes on Substack
Wikipedia’s growing African communities
Bundle blows past $85 million in transactions
Safaricom’s decent year, MTN continues domi... |
| Feb 1, 2021 | Robinhood’s $1bn raise, Buy Now Pay Later, Crypto coming to PiggyVest, Airtel Africa figures | Share this article:
Today we are discussing
Robinhood’s $1bn raise
Buy Now Pay Later, crypto coming to more fintechs
Airtel Africa’s 9-month figures Robinhood raises $1 billion to get over GameStop fiasco
On Friday, 29th January, Robinhood ... |
| Jan 22, 2021 | Biden’s ban reversal, Kenya 5G deployment, FIRS VAT e-transactions | Share this article:
Today we are discussing:
Kenya’s plan for 5G deployment
NALA’s international expansion
Some funding news
FIRS and taxes on online transactions
Biden reverses Nigeria travel ban Kenya plans 5G deployment
Photo Credit: Iva... |
| Jan 12, 2021 | What you should know as SEC plans to regulate Chaka, Trove, other investment-tech apps | Share this article:
On December 17, 2020, Nigeria’s Securities and Exchange Commission (SEC) published a memo stating that the investment and securities tribunal had restricted fintech company, Chaka Technologies from selling or advertising... |
| Jan 7, 2021 | Fintech predictions for 2021: Visa, Mastercard, to acquire Nigerian fintech giants | Share this article:
Nigeria’s fintech space grew in leaps and bounds in 2020, and 2021 has all the ingredients to build on the growth of previous years. Founder and CEO of Trium Networks, Adedeji Olowe, has made new interesting predictions ... |
| Jan 5, 2021 | 9 game-changing policies that rocked Nigeria’s tech community in 2020 | Share this article:
Over the years, our articles have repeatedly stated that technology innovation will always outpace policies and regulations. But we witnessed some major regulatory catching up, landmark statements, and progressive laws i... |
| Dec 30, 2020 | Reviewing Nigerian fintech predictions for 2020 | Share this article:
Despite a global pandemic, Nigeria’s financial sector has grown significantly in 2020. At the beginning of the year, Adedeji Olowe, Trium Networks CEO and Open Banking Nigeria trustee made some interesting economic predi... |
| Dec 28, 2020 | Agritech startup ecosystem: Tax planning, incentives and opportunities | Share this article:
Agribusiness is not immune to the challenges encountered in Nigeria’s business environment. Despite the glaring need for food sufficiency in Nigeria, and the untapped opportunities in that sector, agribusiness and agrite... |
| Dec 16, 2020 | Burning questions arising as the Nigerian government plans to block SIM cards without NIN | Share this article:
Following a directive to suspend the registration of new SIM cards nationwide, Nigerians with existing SIM cards have been directed to update their SIM registration details with their National Identification Number (NIN)... |
| Nov 19, 2020 | Edtech startup, M-Lugha wants to help every Kenyan child learn in their native language | Share this article:
Through a series of surveys carried out across the African continent, the United Nations International Children’s Emergency Fund (UNICEF) has established that there are clear links between the language of instruction and... |
| Nov 5, 2020 | Value of online transactions in Nigeria hit $116 billion in Q3 2020 | Share this article:
After a massive drop during the COVID-19-induced lockdown, the volume and value of online transactions in Nigeria hit new heights in Q3 2020, pointing to improved economic activities following the relaxation of the lockd... |
| Oct 29, 2020 | Airtel to exit Ghana operations as government prepares takeover | Share this article:
Indian telecom giant Bharti Airtel has announced that it plans to end its Ghana operations by selling all of its 100% stake in its Ghana division, AirtelTigo.
AirtelTigo is the result of a 2017 merger between Bharti Airt... |
| Oct 28, 2020 | Revolutionising Nigeria’s microfinance landscape through Insurtech | Share this article:
In 2012, Nigeria launched a National Financial Inclusion Strategy (“NFIS”) in which it aimed at reducing the percentage of adult Nigerians that are excluded from financial services from 46.3% in 2010 to 20% by 2020.
This... |
| Oct 6, 2020 | Charting a course towards cryptocurrency regulations in Nigeria | Share this article:
Three weeks ago, the Nigeria Securities and Exchange Commission (SEC) released a landmark document on cryptocurrency in Nigeria. While no definite regulations were issued, this was a statement of intent telling the entir... |
| Sep 17, 2020 | Blockchain: The tool that can help Africans build the next Facebook, Google | Share this article:
Nigeria, South Africa, Ghana, and a number of Africa’s major markets have been witnessing an increased drive for cryptocurrency. Aiding this process are a number of crypto platforms offering unique social services.
At th... |
| Sep 11, 2020 | Kenyan regulator wants Safaricom, Airtel, others to pay customers for service outages | Share this article:
The Kenyan Communications Authority (CA), the regulator of ICT related services, has issued new customer care guidelines for public participation. A section of this document provides that telecom companies will pay their... |
| Sep 10, 2020 | The multifaceted implications of Uganda’s social media regulations | Share this article:
In the East African nation of Uganda, YouTubers, podcasters, and other social media users now need to obtain authorisation from the Ugandan Communications Communications (UCC) before publishing any content online.
Accord... |
| Sep 8, 2020 | In conversation with Obinna Ukwuani, Chief Digital Officer at the Bank of Kigali | Share this article:
In June 2020, a Nigerian serial entrepreneur, Obinna Ukwuani, was appointed as Chief Digital Officer for the Bank of Kigali, the largest commercial bank in Rwanda. He will head a division that looks to boost the bank’s d... |
| Sep 1, 2020 | Zimbabwe’s Cyber Bill: The good and the ambiguous law that could turn ugly | Share this article:
The Southern African nation of Zimbabwe is fast-tracking a Cyber Bill that would essentially enforce a data protection law and ensure protection in its cyberspace.
The Bill titled the “Cybersecurity and Data Protection B... |
| Aug 25, 2020 | Kenya earmarks $140 million to connect public primary schools to the Internet | Share this article:
Kenya’s ICT ministry is partnering with the United Nation Children’s Fund (UNICEF) to bring Internet connectivity to 1000 public primary schools in Kenya. The government has earmarked about Ksh15 billion (~$140 million) ... |
| Aug 25, 2020 | When calls and data could get cheaper for Nigerian states that slashed RoW charges | Share this article:
Nigeria is currently undergoing some infrastructural reforms with aims of deepening Internet infrastructure. To that effect, several states have been slashing right-of-way (RoW) charges for Internet fibre cables to reap ... |
| Aug 19, 2020 | Positioning your startup to survive and thrive during COVID-19, depreciating naira | Share this article:
Struggling businesses, rising unemployment and contracting GDP’s are the natural consequences of global economic crisis. Collectively, the dot-com bubble burst of the early 2000’s, and the Global Financial Crisis of 2008... |
| Aug 15, 2020 | Lagos adjusts ride-hailing regulations, shifts deadline to August 27, 2020 | Share this article:
The Lagos state government has adjusted regulatory requirements for ride-hailing services operating in the state. The updated requirements have slightly reduced the licence, introduced a road fund, and raise more questio... |
| Aug 4, 2020 | Weighing Nigeria’s decision to let banks debit BVN-linked accounts of loan defaulters | Share this article:
A few weeks ago, the Central Bank of Nigeria (CBN) activated the Global Standing Instruction (GSI) policy. With this in place, banks can withdraw defaulting loans from any account held by a borrower.
Someone who wants to... |
| Jul 30, 2020 | Airtel Africa’s YoY profits decline by 56% as voice and mobile money revenues fall | Share this article:
Businesses have struggled to deal with the pandemic which has caused changes in consumer behaviour. Airtel Africa benefited from the shift online, but declines in voice revenues and other economic forces have dealt signi... |
| Jul 28, 2020 | Besides license fees, Nigerian logistics players to remit 2% of their annual revenue | Share this article:
On Thursday, July 23, 2020, the Ministry of Communications and Digital Economy approved a new set of regulations for logistics and courier companies. Possibly due to the outcry on social media, the Ministry suspended thi... |
| Jul 22, 2020 | Navigating data privacy issues in targeted online advertising | Share this article:
Amidst ongoing cyberattacks resulting in personal data leakages, the most recent involving international public figures, conversations around data protection measures continue to be on the top burner.
The technology (tec... |
| Jul 17, 2020 | Nigerian companies record 2nd highest percentage of global cyberattacks | Share this article:
It’s the year of the pandemic, and besides the ensuing economic effects, it appears companies around the globe are dealing with increased rates of cyberattacks. Unfortunately, African countries seem to be major targets.
... |
| Jul 14, 2020 | Online transactions in Nigeria dropped by $10 billion during the lockdown | Share this article:
A recurrent trend during the pandemic-induced lockdown was Nigerian businesses and individuals moving online. However, online financial transactions seemed to have dipped considerably during this period.
According to dat... |
| Jul 9, 2020 | Lagos, Nigeria is building its own unified Internet fibre infrastructure | Share this article:
If you’ve moved round in recent weeks, you may have noticed construction along some streets in the bustling city of Lagos, Nigeria. Apparently, fibre optic cables are being laid to provide Internet connection across the ... |
| Jul 8, 2020 | So far in 2020, African startups have raised about $500m but see a big Q2 slump | Share this article:
Total venture funding for African startups in 2020 so far has passed the $500m mark. This is according to Maxime Bayen, company builder at GreenTec Capital, a German but African-focused investment firm.
Bayen carries out... |
| Jul 7, 2020 | Techpoint Africa is now NDPR compliant; here’s how we beat the June 30 deadline | Share this article:
In line with the provisions of Nigeria’s National Information Technology Development Agency (NITDA), Techpoint Africa has fulfilled compliance requirements for the Nigeria Data Protection Regulation (NDPR).
The NDPR, whi... |
| Jun 29, 2020 | Kenya sets up unit to track revenues from all digital transactions | Share this article:
Kenya’s taxman, the Kenya Revenue Authority (KRA) has created a unit to track revenues generated from every digital transaction in the country. This is in line with plans to shore up revenues from it’s declining economy.... |
| Jun 16, 2020 | Inside Kenya’s plan to enforce taxes on Google, Netflix, digital services | Share this article:
In line with the provisions of its Finance Act of 2019, Kenya, the economic powerhouse of East Africa is finalising plans to enforce taxes on digital platforms like Google and Netflix and on all online transactions.
Acco... |
| Jun 15, 2020 | French telecom company, Orange, eyeing entry into Nigeria and SA | Share this article:
French telecom company, Orange S.A is reportedly looking to make an entry into two of Africa’s biggest markets, Nigeria and South Africa.
According to reports by Reuters, Orange CEO Stephane Richard said is the company l... |
| Jun 12, 2020 | Nigeria is developing a policy for the commercial deployment of 5G | Share this article:
Following successful demos in six locations, the Nigerian Communications Commission (NCC) has started working on a policy for the deployment of 5G in Nigeria. The policy will require the input of relevant stakeholders, f... |
| Oct 29, 2019 | Government activities and their adverse effects on market conditions for broadband in Nigeria | Share this article:
Earlier in 2019, the Nigerian Communications Commission (NCC) declared that Nigeria had attained 30% broadband penetration, as stipulated in the Nigerian National Broadband Plan 2013-2018.
But industry stakeholders like ... |
| Oct 16, 2019 | Chaka wants to help Nigerians invest in over 4,000 local and foreign assets | Share this article:
Earlier in the year when Victor Ekwealor of Techpoint was working on a story about investing in foreign assets, there were no platforms to do so. However, a team claimed to be working on something that would make it poss... |
| Jul 26, 2019 | Roadpreppers: The Nigerian startup helping Google bring public transit directions to Maps | Share this article:
On Wednesday, at the third edition of the “Google for Nigeria” event in Lagos, the company made some interesting announcements for new products and features as well as updates to existing ones.
Some of the products annou... |
| Jun 24, 2019 | Fintech startups are democratising investment opportunities for Nigerians, irrespective of their disposable income | Share this article:
The total value of Automated Teller Machines (ATM) transactions within the first quarter of 2019 was ₦1.5 trillion, aside from funds transfer and bills payment over the ATMs, a bulk of these funds end up in the informal ... |
| May 16, 2019 | How religious influencers are using social media to gain followers for their faith | Share this article:
*Hussein, a Nigeria-based software developer created an Instagram page in 2012 to share his interests and everything that resonates with him with the rest of the world.
In addition to sharing stuff about coding, motivati... |
| May 1, 2019 | Benin Internet shutdown is yet another reminder that African governments don’t get digital rights | Share this article:
Photo Credit: ZICTA / michael pollak via Compfight cc
Last weekend, Benin Republic became the latest African country to shut down its Internet following an execution of a government order.
As Benin prepared for parliamen... |
| Mar 12, 2019 | Why would a founder agree to take $500 for 40% equity in their startup? | Share this article:
For most entrepreneurs in Nigeria’s technology scene, success comes sometimes as a trade-off between letting go of a chunk of their company to investment deals or letting the ship sink due to lack of funding.
Consider a ... |
| Feb 12, 2019 | Techpoint is offering free office space | Share this article:
Do you need a space to do quick work when there is no electricity in your area?
Do you need a space to work for a few hours?
If yes, search no more.
We at Techpoint are throwing our office doors (8 Adebayo Mokuolu St, An... |
| Jan 23, 2019 | Ride or Die – The Economic Case For Online Cab-hailing Services In Enugu | Before I moved to Lagos, I had spent over two decades growing up in the coal city, eating breakfasts of ọkpa (and accompanying bowls of custard or pap), suffering the crackling dryness of harmattan and enduring the red-earthed muddiness of ... |
| Jan 16, 2019 | The sad reality of a venture-backed African startup | Share this article:
Reacting on Twitter to a New York Times article on venture capitalists (VCs) published a few days ago, iROKO founder Jason Njoku tweeted about his experience with running a venture-backed startup.
“As grateful and fortun... |
| Jan 11, 2019 | UNICEF is looking for startups with data science, machine learning, AI solutions | Share this article:
The United Nations International Children’s Emergency Fund (UNICEF) is calling on startups using data science, machine learning and artificial intelligence to provide solutions that have the potential to benefit humankin... |
| Jan 9, 2019 | Telecom industry’s contribution to Nigeria’s GDP declined in Q3 2018 | Share this article:
Figures from the Nigerian Communications Commission (NCC) reveal that there was a sharp decline in the contribution of the telecommunications industry to the country’s Gross Domestic Product (GDP).
In Q2 2018, the indust... |
| Jan 7, 2019 | Payment Service Banking will flop; 2019 financial prediction by an expert | Share this article:
In 2018, the financial technology (fintech) space was one of the trending sectors in Nigeria. And according to Open Banking Nigeria Trustee, Adedeji Olowe, the payment sector would be interesting in 2019 as well.
Olowe i... |
| Dec 6, 2018 | 9 months after, still no external investment, TeamApt reveals impressive milestones | Share this article:
Earlier in the year, Techpoint shared the story of four engineers who left payments giant, Interswitch to start a company which they called TeamApt.
A captivating thing about the story is how the startup (at the time) bo... |
| Nov 6, 2018 | The Tunisian Startup Act: Showing us how to support Nigerian startups | Share this article:
Featured Image: Nádia Carol via Compfight cc
A lot has been said about the Nigerian business environment, yet young courageous entrepreneurs continuously battle with these conditions, as that they keep making great strid... |
| Oct 25, 2018 | How blockchain technology can help Nigerian banks reimagine banking | Share this article:
Photo Credit: majjed2008 Flickr via Compfight cc
Up till now, the rise and strong edge hold of blockchain technology is still a bubble to many, especially institutions and agencies. The perception is that it won’t last d... |
| Oct 23, 2018 | How Africa’s mobile revolution is generating unprecedented impact | Share this article:
In 2017, Dr. Pelonomi Venson-Moitoi, the Minister of Foreign Affairs for the Republic of Botswana, insisted her country and continent needed an “innovation revolution”.
She probably saw what many see, that smartphone tec... |
| Oct 11, 2018 | Could fantasy football help improve the reality of Nigeria’s local football league? | Share this article:
In sports marketing, one of the most popular concepts is the Escalator Concept which is usually adopted in bringing in new customers and retaining existing ones. The frequency escalator, which is a graphic representation... |
| Oct 3, 2018 | Financial inclusion is a classic case of how not to scale trust in Nigeria | Share this article:
If you can find someone with a problem that needs solving and you can solve it manually, go ahead and do that for as long as you can, and then gradually automate the bottlenecks. It would be a little frightening to be so... |
| Oct 2, 2018 | Protecting your startup from shark investors | Share this article:
By Aina Precious Aderemi
Funding plays a major role in the realisation of tech ideas and expansion of businesses. Therefore, the funding prospects of an idea are as important in business development as the idea itself. I... |
| Sep 24, 2018 | Harnessing AI to foster knowledge societies: The case of access to information and knowledge | Share this article:
Broadly speaking, technology, and in particular the internet has greatly improved how we access information as well even out the information asymmetry on a global scale.
As much as there is still much to be done in bridg... |
| Sep 3, 2018 | Getting ready to raise capital | Share this article:
By Olamide F. Aiyeola
The process of raising capital is a difficult task for most entrepreneurs. Each stage of the process requires adequate preparation and the persistence to keep pushing amidst rejections from potentia... |
| Jul 23, 2018 | Nigerian startups still thrive almost exclusively on foreign investment | Share this article:
Photo Credit: majjed2008 Flickr via Compfight cc
Foreign investment accounted for 98% of the total funds raised by Nigerian Internet startups in the second quarter of 2018, as revealed in Techpoint’s Nigerian Startup Fun... |
| Jul 17, 2018 | How not to regulate social media in Africa | Share this article:
A 2016 report by Portland, a London-based communications agency revealed that Africans use Twitter for political conversations more than people from other continents. This can be attributed to the high level of corruptio... |
| Jun 29, 2018 | Social Media Roundup: The black week in June | Share this article:
Starting last weekend, a series of attacks began in Plateau state when gunmen suspected to be Fulani herdsmen attacked villages in Barkin Ladi Local Governement Area of the state, reportedly leading to a death toll of ov... |