What Google’s hybrid work plan means for the future of remote work

The company Google has made the decision to implement a hybrid workplace plan. Would businesses in African countries do the same? Is hybrid flexible, considering that Sundar Pichai believes that flexibility is the way of the future in the workplace?

Valued at over $364 million, MTN’s Rwandan unit lists on the Rwandan exchange

Valued at over $364 million, MTN’s Rwandan unit lists on the Rwandan exchange

MTN Rwandacell, the company's subsidiary in Rwanda, has a listing on the Rwandan stock exchange. MTN Rwandacell currently has a market cap of $364 million per share despite having an opening price of only $0.27 per share.

Nigeria is slowly laying the groundwork for 5G deployment

Nigeria is slowly laying the groundwork for 5G deployment

The Nigerian Communications Commission (NCC) has signed an MOU to facilitate 5G deployment in Nigeria, several months after announcing that it would begin working on a policy for the deployment of 5G services.

Kenyan insurtech startup, Lami, raises $1.8m seed to grow African API insurance platforms

Kenyan insurtech startup, Lami, raises $1.8m seed to grow African API insurance platforms

A Kenyan insurtech startup called Lami has raised $1.8 million in seed funding in order to offer tailor-made and inexpensive insurance products to all people in Africa as they work to strengthen their financial stability.

Attracting and retaining talents remains Nigerian fintech startups’ biggest challenge – Report

Attracting and retaining talents remains Nigerian fintech startups’ biggest challenge – Report

A report by @EYnews and @fintechngr states that despite increased interest and record-breaking funding rounds, the most significant challenge for Nigerian fintech startups is still recruiting and retaining talent.

Tech-enabled fulfilment service provider, Flextock, closes $3.25m in pre-seed

Tech-enabled fulfilment service provider, Flextock, closes $3.25m in pre-seed

Four months after its initial launch, the Egyptian startup Flextock has successfully raised $3.5 million in pre-seed funding. This is an all-time record for the MENA region's highest point total. The startup intends to use the funds from this raise to concentrate on expanding its presence in Egypt.

Report: Nigerian startups raised $219 m in Q1 2021, higher than the figures of the last three Q1s combined

Report: Nigerian startups raised $219 m in Q1 2021, higher than the figures of the last three Q1s combined

During the first three months of 2021, Nigerian technology startups raised a total of $219 million, with providers of financial services accounting for more than half of that amount. Learn more about this and a great deal more by reading the report for the first quarter of 2021.

Inside 2 decades of mobile telecommunications in Nigeria

Inside 2 decades of mobile telecommunications in Nigeria

In January of 2001, two of Africa's most powerful telecom companies competed against one another for a portion of Africa's most lucrative market. After a period of twenty years, @nifemeah and @eruskii reflect on the remarkable landmarks that they achieved along the way.

How to get free (and effective) press for your startup

How to get free (and effective) press for your startup

The following is a guide written by @MuyoSan, the editor-in-chief of Techpoint Africa, on how to obtain free press that is also helpful for your firm.

Fintech startup, Okra, raises $3.5m seed to deepen operations in the Nigerian market

Fintech startup, Okra, raises $3.5m seed to deepen operations in the Nigerian market

The Nigerian fintech startup known as Okra has successfully completed a seed round of funding to the tune of $3.5 million, with checks coming from Susa Ventures, Accenture Ventures, and TLcom Capital. Despite concerns about regulatory crackdowns, it is continuing to concentrate its efforts on Nigeria.

Top funding rounds in the African tech space [Infographic]

Top funding rounds in the African tech space [Infographic]

Since the beginning of the startup boom in Africa more than 12 years ago, 11 startups with African roots have each raised a minimum of $50 million in funding individually. There were a total of 19 of these types of funding rounds.

You can now buy and register new SIMs in Nigeria from April 19, 2021

You can now buy and register new SIMs in Nigeria from April 19, 2021

As a result of a recent directive issued by the government, new SIM cards will be available for purchase and registration in Nigeria beginning on April 19, 2021. When registering business lines, companies will now be required to have a Telecom Master on staff. Find out more details

Nigeria’s GIG Logistics eyes more cross-border deliveries with UK launch

Nigeria’s GIG Logistics eyes more cross-border deliveries with UK launch

The announcement of GIG Logistics' expansion into the United Kingdom comes hot on the heels of the company's formation of strategic partnerships with the international payments behemoth Visa. The massive logistics company hopes that this will be of assistance to businesses that ship goods between continents.

Nigeria to launch web solution to help citizens keep track of all its projects

Nigeria to launch web solution to help citizens keep track of all its projects

The Federal Government of Nigeria is planning to introduce Eye-Mark, a web application that will allow the country's populace to provide status updates on ongoing construction projects. Although this is a commendable goal, it does not appear that it will lead to increased transparency.

Nigerian streaming platform, uduX, partners PiggyVest to help you invest in your favourite artistes

Nigerian streaming platform, uduX, partners PiggyVest to help you invest in your favourite artistes

The Nigerian streaming platform @uduXmusic, in partnership with @PiggyBankNG and four others, has launched PopRev in order to assist musicians in building equity through the investments of fans while also providing fans with the opportunity to profit from their investments.

Numida raises $2.3m, MTN’s mobile money valuation, LinkedIn’s new job titles

Numida raises $2.3m, MTN’s mobile money valuation, LinkedIn’s new job titles

@nifemeah and @eruskkii talk about @numidatech's $2.3 million seed raise, @MTNGroup's mobile money valuation, and @LinkedIn's updated job titles on today's episode of #TechpointDigest.

Twitter chooses Ghana to grow its African presence

Twitter chooses Ghana to grow its African presence

In November 2019, Twitter executives traveled to four different countries in Africa, and as a result, the company has opened its first office on the continent in Ghana. On the other hand, it seems that more than a few of its job roles are geared toward the Nigerian market.

Nigeria’s SEC warns ‘unregistered’ investment-tech companies to cease offering securities

Nigeria’s SEC warns ‘unregistered’ investment-tech companies to cease offering securities

The agency in charge of regulating securities in Nigeria wants 'unregistered' investment-tech platforms to stop selling their wares to the general public. Let's investigate the probable implications

In the wake of government-owned digital currencies

In the wake of government-owned digital currencies

In today's episode of #TechpointDigest, @nifemeah and @eruskkii discuss the proliferation of digital currencies issued by central banks, the ongoing national trials of the Digital Yuan in China, another data breach at @facebookapp, and other newsworthy topics.

How private companies are changing the game for Nigeria’s NIN exercise

How private companies are changing the game for Nigeria’s NIN exercise

When compared to the NIN exercises conducted in previous years, Nigeria's most recent NIN test has shown significant progress. In spite of the awkward timing and the obviously negative consequences, the CEO of @officialVMN, @esigie, discusses the role that private companies are playing and offers advice for the future.

African startups can now apply for Extreme Tech Challenge (XTC) 2021

African startups can now apply for Extreme Tech Challenge (XTC) 2021

The global @ExTechChallenge (XTC) competition is opening its application process to African startups for the very first time. A collaboration between @EchoVC and Atlantica Ventures has made this accomplishment conceivable. Here is the application process.

African talent recruitment startup, TalentQL gets Techstars backing as it plans global expansion

African talent recruitment startup, TalentQL gets Techstars backing as it plans global expansion

@TalentQL, a business based in Africa that focuses on talent recruitment, has been accepted into the @Techstars Toronto accelerator. As the company moves forward with its plans to expand across the globe, it will begin conducting business in East Africa beginning in April of 2021.

African insurtech startup, Curacel, raises $450k pre-seed to expand to 10 new African countries

African insurtech startup, Curacel, raises $450k pre-seed to expand to 10 new African countries

AI insurtech firm @curacelai, which was started in Nigeria, has acquired $450,000 in pre-seed funding, backed by Atlantica Ventures and Consonance. The funds will be used for continental development and increasing insurance inclusion in Africa.

Data: Why African artistes are not enjoying the full benefits of streaming services

Data: Why African artistes are not enjoying the full benefits of streaming services

There is a lot more potential for African musicians to make effective use of the power offered by audio streaming services. We will investigate how in this essay.

Why you should prioritise soft skills, the future of Nigerian digital currency revealed

Why you should prioritise soft skills, the future of Nigerian digital currency revealed

This week on #TechpointDigest, @ifeanyindiomewe discusses the importance of prioritizing soft skills in the workplace as well as the future of digital money in Nigeria.

How to network safely at the Techpoint Digital Currency Summit tomorrow

How to network safely at the Techpoint Digital Currency Summit tomorrow

We want you to be able to network while maintaining your safety, which is why we have compiled this brief list of ways for you to network in a secure manner at the Techpoint Digital Currency Summit on Saturday.

MEST portfolio startup, Vesicash offers payment security to African businesses with escrow services

MEST portfolio startup, Vesicash offers payment security to African businesses with escrow services

@Vesicash is a Nigerian escrow startup that was launched in 2019 and is backed by @IngressiveCap. The company was founded by three graduates of @MESTAfrica and offers bespoke payment security services to users across every sector.

Nigeria, Egypt dominate as 10 African startups pitch on Y Combinator’s W21 Demo Day

Nigeria, Egypt dominate as 10 African startups pitch on Y Combinator’s W21 Demo Day

At the @ycombinator Winter 2021 batch demo day, there were presentations from ten African startups, the majority of which were based in Nigeria and Egypt. This is a slightly smaller number of companies than were chosen in 2020, and once again, the majority of them are fintech companies.

Jumia plans to raise millions by selling 18 million shares

Jumia plans to raise millions by selling 18 million shares

In accordance with a plan that was initiated in July of 2020, Jumia has placed 18 million of its shares on the market in order to capitalize on the rise in their stock price. This comes just under three months after it raised 243 million dollars through a sale of similar assets.

Nigerian fintech startup, Blueloop, gets YC backing as it plans global expansion

Nigerian fintech startup, Blueloop, gets YC backing as it plans global expansion

Blueloop, a Nigerian financial technology startup, has been accepted into the W21 batch of Y Combinator. The company's goal is to make international financial transactions in Africa more convenient. Since it was first introduced in 2020, it has seen phenomenal expansion, and as a result, it is putting a greater emphasis on forming strategic alliances.

YC-backed Termii raises $1.4m seed round to expand to North Africa

YC-backed Termii raises $1.4m seed round to expand to North Africa

Nigerian CPaaS startup @termii network has raised $1.4 million in seed funding a year after it graduated from @ycombinator. The funding was co-led by @anafricanfuture and Kepple Africa Ventures, with angel investments from some African founders.

Nigerian digital bank, Kuda, secures $25m Series A, four months after raising $10m seed

Nigerian digital bank, Kuda, secures $25m Series A, four months after raising $10m seed

Kuda, a Nigerian digital bank, has successfully completed its Series A funding round, which was led by a VC firm based in the United States called Valar Ventures. A record-breaking seed round of $10 million was completed just four months prior to this round, bringing the company's total funding to $36.6 million in less than two years.

Gokada announces new CEO, Nikhil Goel

Gokada announces new CEO, Nikhil Goel

Since Fahim Saleh passed away in July 2020, the mobility startup @GokadaNG has been operating without a chief executive officer for the past eight months. This will no longer be the case as of today, as Nikhil Goel, formerly of @SafeBoda Kenya and @zomato, takes over the role.

In conversation with Laurin Hainey, Fairmoney CEO, on global expansion and reducing Nigeria’s reliance on cash

In conversation with Laurin Hainey, Fairmoney CEO, on global expansion and reducing Nigeria’s reliance on cash

The digital lending company Fairmoney, which had previously focused on Africa, has recently expanded to India. Laurin Hainy, the Nigerian-German CEO of the company, walks us through their plans to expand into new markets and explains how they intend to take market share away from cash in Nigeria.

How to enable “Pay with PayPal” on Flutterwave

How to enable “Pay with PayPal” on Flutterwave

Fifty countries across Africa, including Nigeria, are now able to accept payments through PayPal thanks to a partnership between Flutterwave and PayPal. The process to enable the Pay with PayPal feature for Flutterwave stores, both new and existing, is outlined below.

Nigerians, other African merchants can now accept PayPal via Flutterwave partnership

Nigerians, other African merchants can now accept PayPal via Flutterwave partnership

As a result of a partnership between The Flutter Wave and PayPal, businesses in Nigeria and elsewhere in Africa are now able to accept payments from customers using PayPal in any part of the world.

Race for dominance in the photography space: Smartphones or digital cameras?

Race for dominance in the photography space: Smartphones or digital cameras?

On a global scale, sales of smartphones and digital cameras are at opposite ends of the spectrum, with the former experiencing a consistent increase while the latter experiences a steady decline. Businesses related to photography are feeling the effects of this trend in Africa, where smartphones have become the preferred choice.

Nigerians will now pay ₦6.98 every time they use the USSD banking service

Nigerians will now pay ₦6.98 every time they use the USSD banking service

As a result of a compromise reached between the @NgComCommission and the @cenbank, residents of Nigeria will be required to pay a standard fee of 6.98 for each and every USSD banking transaction. Much more affordable than the per-session billing that was utilized before.

8 things to expect at Techpoint Digital Currency Summit 2021

8 things to expect at Techpoint Digital Currency Summit 2021

We will be having discussions about the current state of digital currencies in Africa as well as the future of digital currencies in Africa at the very first edition of the Digital Currency Summit 2021. Here are eight things that you should anticipate experiencing at the summit:

UPDATED: You may no longer be able to use your bank’s USSD service in Nigeria

UPDATED: You may no longer be able to use your bank’s USSD service in Nigeria

As of Monday, March 15, 2021, it is possible that you will no longer be able to use the USSD service provided by your bank in Nigeria. Figure out why it is.

Netflix to restrict password sharing; how this could affect emerging markets

Netflix to restrict password sharing; how this could affect emerging markets

Netflix has begun testing a feature that will prevent unauthorized sharing of login credentials. What are the possible repercussions that this will have for its low-income markets?

Flutterwave becomes a unicorn, raises $170m at over $1 billion valuation

Flutterwave becomes a unicorn, raises $170m at over $1 billion valuation

At a valuation of more than a billion dollars, Flutterwave was able to secure a series C funding round of 170 million dollars. This makes the financial technology company one of Africa's unicorns, along with Jumia and Interswitch. After the completion of the successful round, the company reportedly has its sights set on an initial public offering.

What Nigerians should expect as Teju Ajani joins Apple as country head

What Nigerians should expect as Teju Ajani joins Apple as country head

@Apple has named @Teju at Oracle as the Managing Director for Nigeria, one year after announcing an opening for a country lead position. Teju's responsibilities will include overseeing sales and business development. What kind of reception does this get on the iOS market in Nigeria?

Nigerian cleantech startup, Havenhill, raises $4.6m

Nigerian cleantech startup, Havenhill, raises $4.6m

Havenhill, a clean technology startup in Nigeria, has successfully raised $4.6 million from Chapel Hill Denham Nigeria Infrastructure Debt Fund in order to finance the construction of smart mini-grids.

Egyptian healthtech startup, Shezlong, is offering Africans and the world on-demand mental healthcare services

Egyptian healthtech startup, Shezlong, is offering Africans and the world on-demand mental healthcare services

Shezlong is an Egyptian health technology startup that was initially focused on Egypt and Arabic-speaking nations. Currently, the company is expanding its influence across Africa and the rest of the world in an effort to make access to mental healthcare more streamlined and secure.

Egyptian startup, Koinz raises $4.8m seed round

Egyptian startup, Koinz raises $4.8m seed round

@koinz app is a customer interaction tool for restaurants that was founded in Egypt. It recently received a $4.8 million seed round that was led by an American entrepreneur named Justin Mateen and other venture capital firms.

Global eSports industry to hit $3.6 billion by 2025

Global eSports industry to hit $3.6 billion by 2025

What are the prospects for the immersive world of eSports and Game Streaming in Africa, which is expected to be worth $3.6 billion by the year 2025?

“I am more than my work.” – Titi Akinsanmi on attracting more women to tech

“I am more than my work.” – Titi Akinsanmi on attracting more women to tech

During this conversation with @titiakinsanmi, an expert in data policy, we discuss the many hats that she wears, one of which is her role at Google, as well as her plans to open up a new side to inspire more women to pursue careers in technology.

Google’s $25m grant, Koinz’s $4.8m seed, Global eSports industry

Google’s $25m grant, Koinz’s $4.8m seed, Global eSports industry

During this conversation with @titiakinsanmi, an expert in data policy, we discuss the many hats that she wears, including her role at Google, as well as her plans to open up a new side to inspire more women to pursue careers in the technology industry.

Bolt’s #IWD2021 tech women, Techpoint Writer Bootcamp, Liquid Telecom raises $840m

Bolt’s #IWD2021 tech women, Techpoint Writer Bootcamp, Liquid Telecom raises $840m

Today on #TechpointDigest, @MuyoSan discusses @boltapp's initiative to increase the number of African women working in the tech industry, the reasons why you should apply for Techpoint Writer Bootcamp 2.0, and the implications of @liquidtelecom's $840 million funding raise for connectivity in Africa.

Lagos launches another ride-hailing service, signs vehicle assembly partnership

Lagos launches another ride-hailing service, signs vehicle assembly partnership

Lagos Ride, a new ride-hailing service for the busy city of Lagos, has been introduced by Lagos State. A Chinese firm and the government have teamed up to build a car assembly plant.

What you should know as Nigeria gets set to receive COVID-19 vaccines

What you should know as Nigeria gets set to receive COVID-19 vaccines

Today is the day that Nigeria is scheduled to receive its first batch of COVID-19 vaccines, and the Agency that is in charge of vaccination has created a registration portal for citizens to use. Everything you need to know about access and eligibility is included in this guide.

Techpoint Writer Bootcamp is back! Apply to qualify for a paid internship

Techpoint Writer Bootcamp is back! Apply to qualify for a paid internship

This week marks the return of Techpoint Writer Bootcamp! You only need to have strong writing skills; previous experience in journalism or technology is not required. Send in your application right away for a chance at a paid internship lasting for six months.

Report: In 2020, foreign investments dominated 71% of Nigeria’s startup funding

Report: In 2020, foreign investments dominated 71% of Nigeria’s startup funding

According to the Nigerian Startup Funding Report 2020 published by Techpoint Africa, foreign investors contributed 71.2% of the total funding, while the number of local investment deals decreased when compared to 2018 and 2019. What is different about the year 2020, and how can it get better?

Sub-Saharan Africa lost $237.4 million to Internet censorship in 2020

Sub-Saharan Africa lost $237.4 million to Internet censorship in 2020

When compared to 2019, the economic losses in sub-Saharan Africa caused by Internet shutdowns were significantly reduced in 2020, falling by an astounding 810 percent. However, this does not negate the economic and health toll that it had on the population as a whole.

Cameroonian fintech startup, Diool closes $3.5m

Cameroonian fintech startup, Diool closes $3.5m

@dioolapp, a financial technology startup based in Cameroon, has successfully raised $3.5 million in funding led by Lundin Group. This brings the total amount of capital raised by francophone African startups to over $1 million in fewer than six months.

With ‘Super Follow’, you can now get paid for tweeting

With ‘Super Follow’, you can now get paid for tweeting

Twitter has finally revealed how its users can earn money through tweeting, two weeks after the company first dropped hints that it would introduce paid subscription plans in 2021. In the coming days, it intends to launch a feature called "Super Follow," along with a few other features.

Report: Nigeria has the least affordable Internet in the world

Report: Nigeria has the least affordable Internet in the world

According to a recent report, the cost of Internet access in Nigeria is the highest of any country in the world. It would appear that Nigerians need to work for 27 minutes and 55 seconds longer than the average person around the world in order to afford 1 gigabyte of mobile data. Let's dig in.

Jumia losses dropped by 34% in 2020, yet it witnessed slower growth

Jumia losses dropped by 34% in 2020, yet it witnessed slower growth

The e-commerce giant Jumia, which focuses on the African continent, recently disclosed its earnings for the fourth quarter and the entire year of 2020. Although there has been a continuing reduction in losses, growth has been significantly less than in 2019. Learn the details here.

Media innovators in Africa and the Middle East stand to get $150k fund from Google

Media innovators in Africa and the Middle East stand to get $150k fund from Google

The second round of the Google News Initiative (GNI) Innovative Challenge, which aims to fund media innovators in Africa, the Middle East, and Turkey, has been announced by Google. Find out what this means for new businesses producing news in Africa.

How Nigerian bus-hailing platform, Hubryde is offering premium mass commuting services to Lagos residents

How Nigerian bus-hailing platform, Hubryde is offering premium mass commuting services to Lagos residents

Hubryde, a Nigerian bus-hailing startup, assists bus owners in optimising their assets while also providing commuters with a premium experience when using public transportation. Soon, employees of corporations will be able to use the platform to plan and budget their monthly commute expenses.

NIN and COVID-19 spike, Spotify plans Africa entry, healthtech funding up 404% 

NIN and COVID-19 spike, Spotify plans Africa entry, healthtech funding up 404% 

Today on #TechpointDigest, @nifemeah and @eruskkii discuss the sickening impact of Nigeria's NIN Registrations, Spotify's plan for Nigeria and other African markets, and the growth of venture capital funding for Nigerian healthtech and eCommerce startups in Nigeria.

Spotify coming to Nigeria, 40 other African countries, amidst heavy local competition

Spotify coming to Nigeria, 40 other African countries, amidst heavy local competition

In case you missed the announcement, @Spotify is now available in 41 additional African countries, some of which are Nigeria, Ghana, and Kenya. On the continent, the pioneering music streaming platform will have to compete with established players such as Apple Music, YouTube Music, and Audiomack.

NIN Registration: Nigeria ravaged with over 77k COVID-19 cases in 2 months

NIN Registration: Nigeria ravaged with over 77k COVID-19 cases in 2 months

Since the beginning of the NIN registration process two months ago, Nigeria has reported over 77,000 cases of COVID-19. This represents a frightening 50.3% of the total record to date. We investigate the potentially devastating effects that could result from securing NINs in the midst of a pandemic.

Nigerian healthtech startup funding grew 404%, eCommerce almost hit 5900% in 2020

Nigerian healthtech startup funding grew 404%, eCommerce almost hit 5900% in 2020

While investors in Africa increased their focus on clean technology, health technology startups came in second only to financial technology companies in terms of funding size and deals made in the year 2020. The online retail industry also made a significant recovery. Let's take a look.

In 2020, Nigeria lost ₦5b to fraud in 9 months: What you need to watch out for

In 2020, Nigeria lost ₦5b to fraud in 9 months: What you need to watch out for

In just nine months, fraud cost Nigerian financial institutions a total of 5 billion naira, and it affected more than 48,767 individual subscribers. Find out what you need to keep an eye out for in 2021, especially as digital channels become more prevalent.

Get the needed help in a few clicks. Make your life easier and get the paper

Get the needed help in a few clicks. Make your life easier and get the paper

The good news is that the most effective solution to the issues you're having with your essay can be found right in your own house. WriteMyPapers.com is an online company that offers college essay writing services.

Techpoint Startup School is coming to Port Harcourt this May

Techpoint Startup School is coming to Port Harcourt this May

#PortHarcourt will be getting a Techpoint Startup School in the month of April! It is going to be a limited attendance event that is only going to be held in physical form, so hurry up and register right now.

Forget pitch stages and freelance websites, Twitter is Africa’s next talent hub

Forget pitch stages and freelance websites, Twitter is Africa’s next talent hub

Twitter is quickly becoming more than just a microblogging platform; it is also a central location for job and gig hunting, securing startup investments, and highlighting African tech talent. Here is how to get a piece of the newly discovered goldmine.

What you need to know as Nigeria’s lawmakers plan to disqualify journalists without media degrees

What you need to know as Nigeria’s lawmakers plan to disqualify journalists without media degrees

The Nigerian House of Assembly has resumed its discussions on a bill that will disqualify and penalize journalists who do not have degrees in journalism or other media-related fields. This could potentially set the stage for an upheaval in Nigeria's online media space.

Nigeria’s SEC pauses crypto regulation plans, confirms intent to regulate Investment-tech

Nigeria’s SEC pauses crypto regulation plans, confirms intent to regulate Investment-tech

Because of the directive issued by the CBN, Nigeria's securities regulator has put on hold plans to regulate the cryptocurrency space. This directive separates cryptocurrency players from the banking system. Additionally, it validates the possibility of investment-tech regulations.

How cryptotraders are handling CBN’s crypto ban and bank account closure

How cryptotraders are handling CBN’s crypto ban and bank account closure

As a result of the CBN's stance on cryptocurrencies, Nigerian banks are closing the accounts of cryptotraders. An examination of how severely cryptotraders have been affected and the strategies they have devised to deal with the unexpected shifts is presented here.

Nigerian Senate offers possible lifeline for crypto, invites SEC and CBN for a briefing

Nigerian Senate offers possible lifeline for crypto, invites SEC and CBN for a briefing

Discussion is currently taking place in the @NGRSenate regarding the recent restrictions placed on crypto by the CBN. The @cenbank and the @SECNigeria have been called in for a hearing so that the upper legislative house can assess the potential downsides and upsides of the proposed legislation.

Connected Analytics, parent company of ThankUCash, raises seven-digit pre-Series A to expand operations

Connected Analytics, parent company of ThankUCash, raises seven-digit pre-Series A to expand operations

Connected Analytics, a retail technology and analytics firm based in Nigeria, was recently awarded seven figures in pre-Series A funding. This comes after previous investments from famous investors totaling up to $410,000, and a year after the company joined the 500 startups accelerator.

GIG Logistics wants to reduce delivery costs for merchants with new Class Plan

GIG Logistics wants to reduce delivery costs for merchants with new Class Plan

A solution that intends to address the issues of delivery cost for eCommerce merchants both inside and outside of Nigeria has been introduced by the Nigerian logistics giant GIG Logistics in the form of the GIGL Class Plan.

How Nigerian-founded CribMD evolved to become a telemedicine healthtech startup

How Nigerian-founded CribMD evolved to become a telemedicine healthtech startup

After transitioning from a traditional healthcare company, the seven-month-old healthtech startup @crib md is currently working to close the coverage gap in health insurance using telemedicine. The company has received a backing of $100,000 and is in the process of raising a seed fund of $1 million.

Reviewing CBN’s reasons for restricting cryptocurrency in Nigeria

Reviewing CBN’s reasons for restricting cryptocurrency in Nigeria

@cenbank has released a statement explaining why it is denying crypto players access to banking services. The reasons cited in the statement include market volatility, fraud, and bans in countries like China. Let's look at the evidence that supports the statement.

What the CBN’s crypto order means for you going forward

What the CBN’s crypto order means for you going forward

The Central Bank of Nigeria has issued an order mandating that banks and other financial institutions cease processing cryptocurrency transactions immediately. What becomes of your cryptocurrency? What are the repercussions that could result from taking this action? Let's find out, shall we?

Ghanaian Agritech startup, Agrocenta raises $790k pre-series A

Ghanaian Agritech startup, Agrocenta raises $790k pre-series A

A pre-series A funding round brought in $790k for the Ghanaian agritech startup @agrocenta, which also happened to be the champion of the Seedstars World competition for 2018. This comes after its seed round of funding, which was $650,000, and brings the company's total disclosed funding to $1.9 million.

Why Nigerian legaltech, insurtech startups are not automating estate planning yet

Why Nigerian legaltech, insurtech startups are not automating estate planning yet

What are the similarities between getting insurance and making a will in Nigeria? A limited amount of potential customers and a slow rate of technological adoption. Through discussions with the industry's pioneering tech entrepreneurs, we gained insight into the causes of the problem as well as potential solutions to it.