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A STARTUP BILL FOR NIGERIA IS BEING DISCUSSED BETWEENSEE MORE ONTECHCABAL.COM
HOW NIGERIA’S LEADING CRYPTO ARTIST MAKES AND SELLS NFTS Mirror Mirror and Am I Pretty by Osinachi, sold as NFTs. Source: SuperRare. The global NFT market has taken off at an alarming rate. Last week, an artist known as Beeple sold an NFT for $69 million. CryptoPunks, which are basically pixelated icons, are selling for upto $1 million .
NIGERIA MOVES TO REGULATE ITS LOGISTICS SECTOR, BUT NEW Last week, the Minister of Communication and Digital economy suspended new licencing fees for logistics companies in Lagos. But there are even bigger problems with Nigeria's new regulations for the logisticssector.
12 AFRICAN FINTECH STARTUPS TO WATCH IN 2021 The BackEnd explores the product development process in African tech. We take you into the minds of those who conceived, designed and built the product; highlighting product uniqueness, user behaviour assumptions and challenges during the product cycle. — In its 2020 African tech startups funding report, Disrupt Africa identifies 99 fintech companies across 11 countries AFRICA’S CLOUD COMPUTING INDUSTRY IS SET TO GROW AS DATA Internet adoption will surge as a result. Africa’s Internet subscribers is set to double to 483 million by 2025, up from 239 million in 2018. Heralding this growth is a younger population of internet-savvy Africans. Africa’s digital natives will power the future of the internet. Image credit: IFC. THE GROWTH OF TECHNOLOGY AND DIGITISATION IN AFRICA The city has a strong focus on technology evolution and growth, with a push toward cutting-edge start-ups and businesses focused around rapid technology growth. Universities train students to spot gaps in society and develop technology-based solutions. The rest of Africa would be wise to follow the path Nairobi is headed. NIGERIAN WOMEN IN TECH REPORT The Nigerian Women in Tech Report, powered by the UK-Nigeria Tech Hub, examines the distribution and level of involvement of women in. Nigeria’s technology and STEM fields. It celebrates successes, look at the gaps that exist in women participation, show challenges MAKING AGEING LESS LONELY FOR NIGERIA’S ELDERLY POPULATION This exodus from tradition is also intensifying the effect of social isolation on Nigeria’s burgeoning elderly population, which rose from 8.7 million in 2013 to 9.6 million in 2016, and is expected to reach 20 million by 2050. Combined with the passing of peers and loss of financial freedom due to retirement, ageing can be a trying and SAUTI SOL RELEASES THIRD ALBUM FOR FREE DOWNLOAD THROUGH Kenyan group Sauti Sol have released their third album, Live and Die in Afrika, in collaboration with Safaricom. Following an exclusive Listening Party, the album was made available for free download on the mobile operator’s website for 48 hours. “You don’t have to wait any longer. The free album giveaway is our little gift to TECHCABAL | LEADING AFRICA’S TECH CONVERSATIONTC DAILYREPORTSEVENTSRADARSTARTUPSPEOPLE Partner, Press Room. Partner. 31st May 2021. The Oxford Africa Conference Innovation Fair took place on the 28th and 29th of May 2021 with a cohort of 11 highly innovative companies, based across five African countries. Participants were selected from over 150applications.
A STARTUP BILL FOR NIGERIA IS BEING DISCUSSED BETWEENSEE MORE ONTECHCABAL.COM
HOW NIGERIA’S LEADING CRYPTO ARTIST MAKES AND SELLS NFTS Mirror Mirror and Am I Pretty by Osinachi, sold as NFTs. Source: SuperRare. The global NFT market has taken off at an alarming rate. Last week, an artist known as Beeple sold an NFT for $69 million. CryptoPunks, which are basically pixelated icons, are selling for upto $1 million .
NIGERIA MOVES TO REGULATE ITS LOGISTICS SECTOR, BUT NEW Last week, the Minister of Communication and Digital economy suspended new licencing fees for logistics companies in Lagos. But there are even bigger problems with Nigeria's new regulations for the logisticssector.
12 AFRICAN FINTECH STARTUPS TO WATCH IN 2021 The BackEnd explores the product development process in African tech. We take you into the minds of those who conceived, designed and built the product; highlighting product uniqueness, user behaviour assumptions and challenges during the product cycle. — In its 2020 African tech startups funding report, Disrupt Africa identifies 99 fintech companies across 11 countries AFRICA’S CLOUD COMPUTING INDUSTRY IS SET TO GROW AS DATA Internet adoption will surge as a result. Africa’s Internet subscribers is set to double to 483 million by 2025, up from 239 million in 2018. Heralding this growth is a younger population of internet-savvy Africans. Africa’s digital natives will power the future of the internet. Image credit: IFC. THE GROWTH OF TECHNOLOGY AND DIGITISATION IN AFRICA The city has a strong focus on technology evolution and growth, with a push toward cutting-edge start-ups and businesses focused around rapid technology growth. Universities train students to spot gaps in society and develop technology-based solutions. The rest of Africa would be wise to follow the path Nairobi is headed. NIGERIAN WOMEN IN TECH REPORT The Nigerian Women in Tech Report, powered by the UK-Nigeria Tech Hub, examines the distribution and level of involvement of women in. Nigeria’s technology and STEM fields. It celebrates successes, look at the gaps that exist in women participation, show challenges MAKING AGEING LESS LONELY FOR NIGERIA’S ELDERLY POPULATION This exodus from tradition is also intensifying the effect of social isolation on Nigeria’s burgeoning elderly population, which rose from 8.7 million in 2013 to 9.6 million in 2016, and is expected to reach 20 million by 2050. Combined with the passing of peers and loss of financial freedom due to retirement, ageing can be a trying and SAUTI SOL RELEASES THIRD ALBUM FOR FREE DOWNLOAD THROUGH Kenyan group Sauti Sol have released their third album, Live and Die in Afrika, in collaboration with Safaricom. Following an exclusive Listening Party, the album was made available for free download on the mobile operator’s website for 48 hours. “You don’t have to wait any longer. The free album giveaway is our little gift to HOW AFRICA’S BIGGEST TELECOM COMPANIES ARE DIVERSIFYING MTN Group, Airtel Africa and Orange are three of the largest telecom companies on the continent. Combined the three companies have 412.9 million mobile subscribers on the continent, more than 53% of total network subscribers on the continent. Leveraging their large customer base, each company has developed diversification plans based on three DIGITAL IDENTITY MATTERS 3.0: HOW SEAMLESS CUSTOMER According to McKinsey, Nigeria is now home to over 200 fintech standalone companies. And thanks to increasing smartphone penetration, many of these services use apps. Many of these apps have extensive marketing spending to drive user growth. In recent times, Abeg app and Patricia were announced as sponsors of Big Brother Nigeria. Yet,beyond marketing
NIGERIA TO PILOT OFFICIAL DIGITAL CURRENCY BEFORE 2022 1 day ago · With decentralised digital currencies like bitcoin becoming increasingly popular, the world’s central banks have – in the past two years at least – been working towards developing government-backed digital currencies. Nigeria may pilot an official digital currency in 2021, going by the words of Rakiyat Mohammed, a Central Bank Director in charge of the Information A GLOBAL TECH REVIEW ON THE NEW INFINIX NOTE 10 The latest smartphone in the product line of the Note series, the Infinix Note 10, is a device that was built to ‘Meet Beauty with Strength’. The elements of the new Note 10 are Speed, Beauty, Power, and Strength. The beautiful screen, the bodywork, and the overalldesign of
THE NEXT WAVE: WHEN TWEETING BECOMES A CRIME Next Wave: When tweeting becomes a crime A rare female tech CEO JUNE 6, 2021 This newsletter is a weekly in-depth analysis of tech and innovation in Africa that will serve as a post-pandemic guide. Subscribe here to get it directly in your inbox every Sunday at 3 HERE’S WHY APPLE’S PLANNED PRIVACY SAFETY FEATURE WON’T This year’s edition of Apple’s annual software developer conference, the Worldwide Developers Conference (WWDC), kicked off on Monday with a roughly 90-minute keynote address that saw top company executives show off a slew of new updates for major products. Major announcements by the American technology giant included software for iPhone, Mac, iPad, Watch and Apple MULTICHOICE IS INCREASING ITS STAKE IN BETKING FOR $281.5 Seven months after taking up an initial 20% stake in BetKing, South African pay TV operator MultiChoice plans to increase its shareholding in the online gambling company to 49% in a $281.5 million deal. BetKing is the trading name of Blue Lake Ventures Limited, a pan-African sports betting and entertainment business with majoroperations in
HOW VPNS WORK
1 day ago · Virtual Private Networks (VPN) are all the rage right now in Nigeria since the government banned Twitter. The rise in popularity of VPNs has brought up questions about how exactly they work. So let’s talk about how VPNs work. On the internet, different computers send and receive information between Internet Protocol (IP)addresses. Think of
NIGERIAN LAWMAKERS SUMMON LAI MOHAMMED FOR QUESTIONING Nigeria’s House of Representatives on Tuesday passed a resolution to investigate the legality of the suspension of Twitter in the country. Announced on Friday, the controversial decision has stoked national conversations and attracted international criticism over the last few days. The investigation by lawmakers represents the first major move by the legislative body on theWWW.TECHCABAL.COM
301 Moved Permanently. nginx/1.10.3 TECHCABAL | LEADING AFRICA’S TECH CONVERSATIONTC DAILYREPORTSEVENTSSTARTUPSPEOPLETC INSIGHTS Partner, Press Room. Partner. 31st May 2021. The Oxford Africa Conference Innovation Fair took place on the 28th and 29th of May 2021 with a cohort of 11 highly innovative companies, based across five African countries. Participants were selected from over 150applications.
ELON MUSK’S SPACEX IS BRINGING STARLINK TO NIGERIA SpaceX, an American private space exploration company founded by Elon Musk, is seeking necessary licenses to bring Starlink, its internet service into Nigeria. This was disclosed by Ryan Goodnight, SpaceX’s Starlink Market Access Director for Africa, in a meeting with Nigerian Communications Commission’s (NCC) Executive Vice-Chairman, Prof. Umar Danbatta, last Friday in A STARTUP BILL FOR NIGERIA IS BEING DISCUSSED BETWEENSEE MORE ONTECHCABAL.COM
NIGERIA MOVES TO REGULATE ITS LOGISTICS SECTOR, BUT NEW Last week, the Minister of Communication and Digital economy suspended new licencing fees for logistics companies in Lagos. But there are even bigger problems with Nigeria's new regulations for the logisticssector.
AFRICA’S CLOUD COMPUTING INDUSTRY IS SET TO GROW AS DATA Internet adoption will surge as a result. Africa’s Internet subscribers is set to double to 483 million by 2025, up from 239 million in 2018. Heralding this growth is a younger population of internet-savvy Africans. Africa’s digital natives will power the future of the internet. Image credit: IFC. HOW AFRICA’S BIGGEST TELECOM COMPANIES ARE DIVERSIFYING MTN Group, Airtel Africa and Orange are three of the largest telecom companies on the continent. Combined the three companies have 412.9 million mobile subscribers on the continent, more than 53% of total network subscribers on the continent. Leveraging their large customer base, each company has developed diversification plans based on three NIGERIA’S NEW OPEN BANKING RULES WILL SEE BANKS SHARING The framework means Nigeria will become Africa’s open banking pioneer. The important thing about the framework is that it establishes principles for data sharing across the banking and payments ecosystem. It stipulates, amongst others, data and Application Programming Interface (API) access requirements, principles for API, data, technical 4 AMAZING REASONS WHY CAPIFLEX IS GREAT FOR YOUR … There might be a lot of reasons hindering business owners from meeting their customers’ every need. However, payment solutions should not be one of them. CapitalSage – a fin-tech company – came up with a platform that was created to make life easy for business owners. Every business needs a payment solution; a platform where THE GROWTH OF TECHNOLOGY AND DIGITISATION IN AFRICA The city has a strong focus on technology evolution and growth, with a push toward cutting-edge start-ups and businesses focused around rapid technology growth. Universities train students to spot gaps in society and develop technology-based solutions. The rest of Africa would be wise to follow the path Nairobi is headed. SAUTI SOL RELEASES THIRD ALBUM FOR FREE DOWNLOAD THROUGH Kenyan group Sauti Sol have released their third album, Live and Die in Afrika, in collaboration with Safaricom. Following an exclusive Listening Party, the album was made available for free download on the mobile operator’s website for 48 hours. “You don’t have to wait any longer. The free album giveaway is our little gift to TECHCABAL | LEADING AFRICA’S TECH CONVERSATIONTC DAILYREPORTSEVENTSSTARTUPSPEOPLETC INSIGHTS Partner, Press Room. Partner. 31st May 2021. The Oxford Africa Conference Innovation Fair took place on the 28th and 29th of May 2021 with a cohort of 11 highly innovative companies, based across five African countries. Participants were selected from over 150applications.
ELON MUSK’S SPACEX IS BRINGING STARLINK TO NIGERIA SpaceX, an American private space exploration company founded by Elon Musk, is seeking necessary licenses to bring Starlink, its internet service into Nigeria. This was disclosed by Ryan Goodnight, SpaceX’s Starlink Market Access Director for Africa, in a meeting with Nigerian Communications Commission’s (NCC) Executive Vice-Chairman, Prof. Umar Danbatta, last Friday in A STARTUP BILL FOR NIGERIA IS BEING DISCUSSED BETWEENSEE MORE ONTECHCABAL.COM
NIGERIA MOVES TO REGULATE ITS LOGISTICS SECTOR, BUT NEW Last week, the Minister of Communication and Digital economy suspended new licencing fees for logistics companies in Lagos. But there are even bigger problems with Nigeria's new regulations for the logisticssector.
AFRICA’S CLOUD COMPUTING INDUSTRY IS SET TO GROW AS DATA Internet adoption will surge as a result. Africa’s Internet subscribers is set to double to 483 million by 2025, up from 239 million in 2018. Heralding this growth is a younger population of internet-savvy Africans. Africa’s digital natives will power the future of the internet. Image credit: IFC. ACCELEREX TECH OPEN HOUSE CREATES OPPORTUNITIES FOR Nigeria’s foremost fintech company, Global Accelerex (“Accelerex”), is creating exciting job opportunities for young and innovative Nigerians with a strong bias for technology, through its Accelerex Tech Open House. The first edition of the event held recently at Radisson Hotel, Ikeja, with the finest set of creative and brilliant software engineers and tech innovators in NIGERIA’S NEW OPEN BANKING RULES WILL SEE BANKS SHARING The framework means Nigeria will become Africa’s open banking pioneer. The important thing about the framework is that it establishes principles for data sharing across the banking and payments ecosystem. It stipulates, amongst others, data and Application Programming Interface (API) access requirements, principles for API, data, technical 4 AMAZING REASONS WHY CAPIFLEX IS GREAT FOR YOUR … There might be a lot of reasons hindering business owners from meeting their customers’ every need. However, payment solutions should not be one of them. CapitalSage – a fin-tech company – came up with a platform that was created to make life easy for business owners. Every business needs a payment solution; a platform where THE GROWTH OF TECHNOLOGY AND DIGITISATION IN AFRICA The city has a strong focus on technology evolution and growth, with a push toward cutting-edge start-ups and businesses focused around rapid technology growth. Universities train students to spot gaps in society and develop technology-based solutions. The rest of Africa would be wise to follow the path Nairobi is headed. SAUTI SOL RELEASES THIRD ALBUM FOR FREE DOWNLOAD THROUGH Kenyan group Sauti Sol have released their third album, Live and Die in Afrika, in collaboration with Safaricom. Following an exclusive Listening Party, the album was made available for free download on the mobile operator’s website for 48 hours. “You don’t have to wait any longer. The free album giveaway is our little gift to NIGERIA TO PILOT OFFICIAL DIGITAL CURRENCY BEFORE 2022 8 hours ago · With decentralised digital currencies like bitcoin becoming increasingly popular, the world’s central banks have – in the past two years at least – been working towards developing government-backed digital currencies. Nigeria may pilot an official digital currency in 2021, going by the words of Rakiyat Mohammed, a Central Bank Director in charge of the Information HOW AFRICA’S BIGGEST TELECOM COMPANIES ARE DIVERSIFYING To achieve that, the company is improving its 4G capabilities across African markets. While 5G is the rave of the moment in other global regions, in Africa most telecom connectivity is still based on 2G and 3G. Orange like other telcos is pushing its 4G network byHOW VPNS WORK
9 hours ago · Virtual Private Networks (VPN) are all the rage right now in Nigeria since the government banned Twitter. The rise in popularity of VPNs has brought up questions about how exactly they work. So let’s talk about how VPNs work. On the internet, different computers send and receive information between Internet Protocol (IP)addresses. Think of
DIGITAL IDENTITY MATTERS 3.0: HOW SEAMLESS CUSTOMER 1 day ago · According to McKinsey, Nigeria is now home to over 200 fintech standalone companies. And thanks to increasing smartphone penetration, many of these services use apps. Many of these apps have extensive marketing spending to drive user growth. In recent times, Abeg app and Patricia were announced as sponsors of Big Brother Nigeria. Yet, beyond marketing A GLOBAL TECH REVIEW ON THE NEW INFINIX NOTE 10 1 day ago · The latest smartphone in the product line of the Note series, the Infinix Note 10, is a device that was built to ‘Meet Beauty with Strength’. The elements of the new Note 10 are Speed, Beauty, Power, and Strength. The beautiful screen, the bodywork, and the overall design of THE NEXT WAVE: WHEN TWEETING BECOMES A CRIME Next Wave: When tweeting becomes a crime A rare female tech CEO JUNE 6, 2021 This newsletter is a weekly in-depth analysis of tech and innovation in Africa that will serve as a post-pandemic guide. Subscribe here to get it directly in your inbox every Sunday at 3 WHAT TECH INVESTORS FEAR AND FIND INTERESTING ABOUT For the second time in six months, a major government announcement is causing startup founders and investors in Nigeria to ponder the effect of politics and sudden regulation on doing business in Nigeria. In February, it was the Central Bank of Nigeria’s ban on cryptocurrency transactions. This time it is the ban on Twitter, a NIGERIAN LAWMAKERS SUMMON LAI MOHAMMED FOR QUESTIONING Nigeria’s House of Representatives on Tuesday passed a resolution to investigate the legality of the suspension of Twitter in the country. Announced on Friday, the controversial decision has stoked national conversations and attracted international criticism over the last few days. The investigation by lawmakers represents the first major move by the legislative body on the FEMI IROMINI IS IMPROVING THE EMPLOYABILITY OF STUDENTS IN Femi Iromini has been active in the African tech ecosystem for the past 5 years. As a young student, he ran many businesses— at one point, he performed due diligence for foreign investors looking to invest in African startups. Now he’s focused on improving the Nigerian education system and the employability of Nigerian graduates.To
PLUGNPLAY IOT TO HOLD ASSET TRACKING 101 SEMINAR FOR TOP Digital transformation has reinforced the importance of investing in the Internet of Things (IoT) technology for asset monitoring, data collection, and decision making, to maximize value from operational assets in advanced and emerging economies. Lagos, Nigeria: Today, PlugnPlay IoT, a subsidiary of NovaTrack Limited announced that it will be organizing a private Asset Tracking seminar TECHCABAL | LEADING AFRICA’S TECH CONVERSATIONTC DAILYREPORTSEVENTSSTARTUPSPEOPLETC INSIGHTS Partner, Press Room. Partner. 31st May 2021. The Oxford Africa Conference Innovation Fair took place on the 28th and 29th of May 2021 with a cohort of 11 highly innovative companies, based across five African countries. Participants were selected from over 150applications.
ELON MUSK’S SPACEX IS BRINGING STARLINK TO NIGERIA SpaceX, an American private space exploration company founded by Elon Musk, is seeking necessary licenses to bring Starlink, its internet service into Nigeria. This was disclosed by Ryan Goodnight, SpaceX’s Starlink Market Access Director for Africa, in a meeting with Nigerian Communications Commission’s (NCC) Executive Vice-Chairman, Prof. Umar Danbatta, last Friday in A STARTUP BILL FOR NIGERIA IS BEING DISCUSSED BETWEENSEE MORE ONTECHCABAL.COM
NIGERIA MOVES TO REGULATE ITS LOGISTICS SECTOR, BUT NEW Last week, the Minister of Communication and Digital economy suspended new licencing fees for logistics companies in Lagos. But there are even bigger problems with Nigeria's new regulations for the logisticssector.
AFRICA’S CLOUD COMPUTING INDUSTRY IS SET TO GROW AS DATA Internet adoption will surge as a result. Africa’s Internet subscribers is set to double to 483 million by 2025, up from 239 million in 2018. Heralding this growth is a younger population of internet-savvy Africans. Africa’s digital natives will power the future of the internet. Image credit: IFC. HOW AFRICA’S BIGGEST TELECOM COMPANIES ARE DIVERSIFYING MTN Group, Airtel Africa and Orange are three of the largest telecom companies on the continent. Combined the three companies have 412.9 million mobile subscribers on the continent, more than 53% of total network subscribers on the continent. Leveraging their large customer base, each company has developed diversification plans based on three NIGERIA’S NEW OPEN BANKING RULES WILL SEE BANKS SHARING The framework means Nigeria will become Africa’s open banking pioneer. The important thing about the framework is that it establishes principles for data sharing across the banking and payments ecosystem. It stipulates, amongst others, data and Application Programming Interface (API) access requirements, principles for API, data, technical 4 AMAZING REASONS WHY CAPIFLEX IS GREAT FOR YOUR … There might be a lot of reasons hindering business owners from meeting their customers’ every need. However, payment solutions should not be one of them. CapitalSage – a fin-tech company – came up with a platform that was created to make life easy for business owners. Every business needs a payment solution; a platform where THE GROWTH OF TECHNOLOGY AND DIGITISATION IN AFRICA The city has a strong focus on technology evolution and growth, with a push toward cutting-edge start-ups and businesses focused around rapid technology growth. Universities train students to spot gaps in society and develop technology-based solutions. The rest of Africa would be wise to follow the path Nairobi is headed. SAUTI SOL RELEASES THIRD ALBUM FOR FREE DOWNLOAD THROUGH Kenyan group Sauti Sol have released their third album, Live and Die in Afrika, in collaboration with Safaricom. Following an exclusive Listening Party, the album was made available for free download on the mobile operator’s website for 48 hours. “You don’t have to wait any longer. The free album giveaway is our little gift to TECHCABAL | LEADING AFRICA’S TECH CONVERSATIONTC DAILYREPORTSEVENTSSTARTUPSPEOPLETC INSIGHTS Partner, Press Room. Partner. 31st May 2021. The Oxford Africa Conference Innovation Fair took place on the 28th and 29th of May 2021 with a cohort of 11 highly innovative companies, based across five African countries. Participants were selected from over 150applications.
ELON MUSK’S SPACEX IS BRINGING STARLINK TO NIGERIA SpaceX, an American private space exploration company founded by Elon Musk, is seeking necessary licenses to bring Starlink, its internet service into Nigeria. This was disclosed by Ryan Goodnight, SpaceX’s Starlink Market Access Director for Africa, in a meeting with Nigerian Communications Commission’s (NCC) Executive Vice-Chairman, Prof. Umar Danbatta, last Friday in A STARTUP BILL FOR NIGERIA IS BEING DISCUSSED BETWEENSEE MORE ONTECHCABAL.COM
NIGERIA MOVES TO REGULATE ITS LOGISTICS SECTOR, BUT NEW Last week, the Minister of Communication and Digital economy suspended new licencing fees for logistics companies in Lagos. But there are even bigger problems with Nigeria's new regulations for the logisticssector.
AFRICA’S CLOUD COMPUTING INDUSTRY IS SET TO GROW AS DATA Internet adoption will surge as a result. Africa’s Internet subscribers is set to double to 483 million by 2025, up from 239 million in 2018. Heralding this growth is a younger population of internet-savvy Africans. Africa’s digital natives will power the future of the internet. Image credit: IFC. HOW AFRICA’S BIGGEST TELECOM COMPANIES ARE DIVERSIFYING MTN Group, Airtel Africa and Orange are three of the largest telecom companies on the continent. Combined the three companies have 412.9 million mobile subscribers on the continent, more than 53% of total network subscribers on the continent. Leveraging their large customer base, each company has developed diversification plans based on three NIGERIA’S NEW OPEN BANKING RULES WILL SEE BANKS SHARING The framework means Nigeria will become Africa’s open banking pioneer. The important thing about the framework is that it establishes principles for data sharing across the banking and payments ecosystem. It stipulates, amongst others, data and Application Programming Interface (API) access requirements, principles for API, data, technical 4 AMAZING REASONS WHY CAPIFLEX IS GREAT FOR YOUR … There might be a lot of reasons hindering business owners from meeting their customers’ every need. However, payment solutions should not be one of them. CapitalSage – a fin-tech company – came up with a platform that was created to make life easy for business owners. Every business needs a payment solution; a platform where THE GROWTH OF TECHNOLOGY AND DIGITISATION IN AFRICA The city has a strong focus on technology evolution and growth, with a push toward cutting-edge start-ups and businesses focused around rapid technology growth. Universities train students to spot gaps in society and develop technology-based solutions. The rest of Africa would be wise to follow the path Nairobi is headed. SAUTI SOL RELEASES THIRD ALBUM FOR FREE DOWNLOAD THROUGH Kenyan group Sauti Sol have released their third album, Live and Die in Afrika, in collaboration with Safaricom. Following an exclusive Listening Party, the album was made available for free download on the mobile operator’s website for 48 hours. “You don’t have to wait any longer. The free album giveaway is our little gift to NIGERIA TO PILOT OFFICIAL DIGITAL CURRENCY BEFORE 2022 3 hours ago · With decentralised digital currencies like bitcoin becoming increasingly popular, the world’s central banks have – in the past two years at least – been working towards developing government-backed digital currencies. Nigeria may pilot an official digital currency in 2021, going by the words of Rakiyat Mohammed, a Central Bank Director in charge of the Information HOW AFRICA’S BIGGEST TELECOM COMPANIES ARE DIVERSIFYING To achieve that, the company is improving its 4G capabilities across African markets. While 5G is the rave of the moment in other global regions, in Africa most telecom connectivity is still based on 2G and 3G. Orange like other telcos is pushing its 4G network byHOW VPNS WORK
4 hours ago · Virtual Private Networks (VPN) are all the rage right now in Nigeria since the government banned Twitter. The rise in popularity of VPNs has brought up questions about how exactly they work. So let’s talk about how VPNs work. On the internet, different computers send and receive information between Internet Protocol (IP)addresses. Think of
DIGITAL IDENTITY MATTERS 3.0: HOW SEAMLESS CUSTOMER 1 day ago · According to McKinsey, Nigeria is now home to over 200 fintech standalone companies. And thanks to increasing smartphone penetration, many of these services use apps. Many of these apps have extensive marketing spending to drive user growth. In recent times, Abeg app and Patricia were announced as sponsors of Big Brother Nigeria. Yet, beyond marketing A GLOBAL TECH REVIEW ON THE NEW INFINIX NOTE 10 1 day ago · The latest smartphone in the product line of the Note series, the Infinix Note 10, is a device that was built to ‘Meet Beauty with Strength’. The elements of the new Note 10 are Speed, Beauty, Power, and Strength. The beautiful screen, the bodywork, and the overall design of THE NEXT WAVE: WHEN TWEETING BECOMES A CRIME Next Wave: When tweeting becomes a crime A rare female tech CEO JUNE 6, 2021 This newsletter is a weekly in-depth analysis of tech and innovation in Africa that will serve as a post-pandemic guide. Subscribe here to get it directly in your inbox every Sunday at 3 WHAT TECH INVESTORS FEAR AND FIND INTERESTING ABOUT 1 day ago · For the second time in six months, a major government announcement is causing startup founders and investors in Nigeria to ponder the effect of politics and sudden regulation on doing business in Nigeria. In February, it was the Central Bank of Nigeria’s ban on cryptocurrency transactions. This time it is the ban on Twitter, a NIGERIAN LAWMAKERS SUMMON LAI MOHAMMED FOR QUESTIONING Nigeria’s House of Representatives on Tuesday passed a resolution to investigate the legality of the suspension of Twitter in the country. Announced on Friday, the controversial decision has stoked national conversations and attracted international criticism over the last few days. The investigation by lawmakers represents the first major move by the legislative body on the FEMI IROMINI IS IMPROVING THE EMPLOYABILITY OF STUDENTS IN Femi Iromini has been active in the African tech ecosystem for the past 5 years. As a young student, he ran many businesses— at one point, he performed due diligence for foreign investors looking to invest in African startups. Now he’s focused on improving the Nigerian education system and the employability of Nigerian graduates.To
PLUGNPLAY IOT TO HOLD ASSET TRACKING 101 SEMINAR FOR TOP Digital transformation has reinforced the importance of investing in the Internet of Things (IoT) technology for asset monitoring, data collection, and decision making, to maximize value from operational assets in advanced and emerging economies. Lagos, Nigeria: Today, PlugnPlay IoT, a subsidiary of NovaTrack Limited announced that it will be organizing a private Asset Tracking seminar TECHCABAL | LEADING AFRICA’S TECH CONVERSATIONTC DAILYREPORTSEVENTSSTARTUPSPEOPLETC INSIGHTS Partner, Press Room. Partner. 31st May 2021. The Oxford Africa Conference Innovation Fair took place on the 28th and 29th of May 2021 with a cohort of 11 highly innovative companies, based across five African countries. Participants were selected from over 150applications.
HOW KONIKU, A NIGERIAN-FOUNDED BIOTECH COMPANY, WANTS TOKONIKU AIRBUSKONIKU STOCKKONIKU INCKONIK AND COMPANY “Today is the day we start a company,” Oshiorenoya Agabi said to himself, as King Sunny Ade’s Koniku filled the airwaves. Agabi has been developing a technology that takes data from human smell to detect disease in human bodies for seventeen years. On this random work day at Imperial College London while doing PhD research, BONGALOW LAUNCHES ONLINE MORTGAGE PLATFORM FOR … LAGOS – Dec 1, 2020 – MyAwayHome, an online marketplace providing diaspora mortgage solutions for African immigrants living in the US and the UK seeking to acquire property in their home country, today announced a major rebranding to reflect the company’s evolution into an all-encompassing, Africa-focused, digital mortgage platform which also includes changing their name NIGERIAN WOMEN IN TECH REPORT The Nigerian Women in Tech Report, powered by the UK-Nigeria Tech Hub, examines the distribution and level of involvement of women in. Nigeria’s technology and STEM fields. It celebrates successes, look at the gaps that exist in women participation, show challenges THE GROWTH OF TECHNOLOGY AND DIGITISATION IN AFRICA The city has a strong focus on technology evolution and growth, with a push toward cutting-edge start-ups and businesses focused around rapid technology growth. Universities train students to spot gaps in society and develop technology-based solutions. The rest of Africa would be wise to follow the path Nairobi is headed. HOW TWO NIGERIAN AI ENGINEERS BUILT THE WORLD’S FIRST Twenty-one-year old Orevaoghene Ahia speaks good English and writes tons of code in python. Her mum, an Isoko woman bred in Nigeria’s Niger Delta area, is fluent in three languages but favours pidgin English for conversations with family, friends and customers. Though Ahia’s pidgin isn’t as intense as her mum’s waffi dialect, sheregards it
WHAT IS REALLY GOING ON WITH NIGERIA’S NEW VAT AND The news cycle in Nigeria has been dominated lately by several regulations introduced by varying financial institutions. First, the Federal Inland Revenue Service (FIRS) announced a new 5% Value Added Tax (VAT) on all online transactions from January 2020. Then the federal government unveiled plans to increase the VAT paid on allgoods services to
AFTER TWO YEARS OF DEVELOPMENT, MAX DEPLOYS ITS ELECTRIC Nigerian mobility company, MAX has finally launched its electric motorcycles for the Nigerian market. Called MAX E Series, the new vehicles have been under development for the last two years.After a pilot phase, the company has now launched the new vehicles in the Gbamu Gbamu community of Ogun State in South Western Nigeria. WHO IS DOING HARDWARE IN NIGERIA? Tranos Consulting. 8-year old Tranos Contracting is one of the bigger (if not the biggest) hardware companies in Nigeria at the moment by product line (outside of Innoson). The company makes Diesel Generators (and hybrid versions too), corrosion resistant enclosures, a range of automation control systems, and integrated power distributionproducts.
MAKING AGEING LESS LONELY FOR NIGERIA’S ELDERLY POPULATION This exodus from tradition is also intensifying the effect of social isolation on Nigeria’s burgeoning elderly population, which rose from 8.7 million in 2013 to 9.6 million in 2016, and is expected to reach 20 million by 2050. Combined with the passing of peers and loss of financial freedom due to retirement, ageing can be a trying and TECHCABAL | LEADING AFRICA’S TECH CONVERSATIONTC DAILYREPORTSEVENTSSTARTUPSPEOPLETC INSIGHTS Partner, Press Room. Partner. 31st May 2021. The Oxford Africa Conference Innovation Fair took place on the 28th and 29th of May 2021 with a cohort of 11 highly innovative companies, based across five African countries. Participants were selected from over 150applications.
HOW KONIKU, A NIGERIAN-FOUNDED BIOTECH COMPANY, WANTS TOKONIKU AIRBUSKONIKU STOCKKONIKU INCKONIK AND COMPANY “Today is the day we start a company,” Oshiorenoya Agabi said to himself, as King Sunny Ade’s Koniku filled the airwaves. Agabi has been developing a technology that takes data from human smell to detect disease in human bodies for seventeen years. On this random work day at Imperial College London while doing PhD research, BONGALOW LAUNCHES ONLINE MORTGAGE PLATFORM FOR … LAGOS – Dec 1, 2020 – MyAwayHome, an online marketplace providing diaspora mortgage solutions for African immigrants living in the US and the UK seeking to acquire property in their home country, today announced a major rebranding to reflect the company’s evolution into an all-encompassing, Africa-focused, digital mortgage platform which also includes changing their name NIGERIAN WOMEN IN TECH REPORT The Nigerian Women in Tech Report, powered by the UK-Nigeria Tech Hub, examines the distribution and level of involvement of women in. Nigeria’s technology and STEM fields. It celebrates successes, look at the gaps that exist in women participation, show challenges THE GROWTH OF TECHNOLOGY AND DIGITISATION IN AFRICA The city has a strong focus on technology evolution and growth, with a push toward cutting-edge start-ups and businesses focused around rapid technology growth. Universities train students to spot gaps in society and develop technology-based solutions. The rest of Africa would be wise to follow the path Nairobi is headed. HOW TWO NIGERIAN AI ENGINEERS BUILT THE WORLD’S FIRST Twenty-one-year old Orevaoghene Ahia speaks good English and writes tons of code in python. Her mum, an Isoko woman bred in Nigeria’s Niger Delta area, is fluent in three languages but favours pidgin English for conversations with family, friends and customers. Though Ahia’s pidgin isn’t as intense as her mum’s waffi dialect, sheregards it
WHAT IS REALLY GOING ON WITH NIGERIA’S NEW VAT AND The news cycle in Nigeria has been dominated lately by several regulations introduced by varying financial institutions. First, the Federal Inland Revenue Service (FIRS) announced a new 5% Value Added Tax (VAT) on all online transactions from January 2020. Then the federal government unveiled plans to increase the VAT paid on allgoods services to
AFTER TWO YEARS OF DEVELOPMENT, MAX DEPLOYS ITS ELECTRIC Nigerian mobility company, MAX has finally launched its electric motorcycles for the Nigerian market. Called MAX E Series, the new vehicles have been under development for the last two years.After a pilot phase, the company has now launched the new vehicles in the Gbamu Gbamu community of Ogun State in South Western Nigeria. WHO IS DOING HARDWARE IN NIGERIA? Tranos Consulting. 8-year old Tranos Contracting is one of the bigger (if not the biggest) hardware companies in Nigeria at the moment by product line (outside of Innoson). The company makes Diesel Generators (and hybrid versions too), corrosion resistant enclosures, a range of automation control systems, and integrated power distributionproducts.
MAKING AGEING LESS LONELY FOR NIGERIA’S ELDERLY POPULATION This exodus from tradition is also intensifying the effect of social isolation on Nigeria’s burgeoning elderly population, which rose from 8.7 million in 2013 to 9.6 million in 2016, and is expected to reach 20 million by 2050. Combined with the passing of peers and loss of financial freedom due to retirement, ageing can be a trying and 12 AFRICAN FINTECH STARTUPS TO WATCH IN 2021 The BackEnd explores the product development process in African tech. We take you into the minds of those who conceived, designed and built the product; highlighting product uniqueness, user behaviour assumptions and challenges during the product cycle. — In its 2020 African tech startups funding report, Disrupt Africa identifies 99 fintech companies across 11 countries TWITTER IS ‘DEEPLY CONCERNED’ BY NIGERIAN GOVERNMENT’S Twitter has reacted to the indefinite suspension of the social media site by the Nigerian government, expressing concern. A statement by a Twitter spokesperson to TechCabal said: “The announcement made by the Nigerian Government that they have suspended Twitter’s operations in Nigeria is deeply concerning. We’re investigating and will provide updates when we know more.” THE NEXT WAVE: WHEN TWEETING BECOMES A CRIME 22 hours ago · Next Wave: When tweeting becomes a crime A rare female tech CEO JUNE 6, 2021 This newsletter is a weekly in-depth analysis of tech and innovation in Africa that will serve as a post-pandemic guide. Subscribe here to get it directly in your inboxevery Sunday at 3
SOUTH AFRICAN MOBILITY STARTUP WHEREISMYTRANSPORT RAISES 15 hours ago · South African Mobility startup WhereIsMyTransport has raised a $14.5 million Series A extension round to continue its expansion across emerging markets. The round was led by Naspers Foundry, Cathay AfricInvest Innovation Fund and Japan’s SBI Investment. This investment comes a year after the company raised a $7.5 million Series A round from investors including Google UNICORN GROUP LAUNCHES LAGOS CAMPUS WITH PLANS TO CREATE “What does it take to create Unicorns in Africa?” In 2017, the journey started with this question. Back then, eCommerce giant Jumia, South Africa’s Promasidor Holdings and Cell C were the only Unicorns from Africa. Today, the story is different, there are five unicorns in Africa. Coined in 2013 by venture capitalist Aileen Lee, a TWITTER BAN REWINDS NIGERIA TO PRE-INTERNET DARKNESS AND A Nigerian government that is overseeing the headquarters of global poverty, sky-high unemployment, rampant extrajudicial killings and an unabating insurgency has decided that its worst problem is its citizens’ use of Twitter, and all media enabled by the internet. That government, headed by a former military dictator, has rewinded Nigeria to the dark days of AFRICA’S CLOUD COMPUTING INDUSTRY IS SET TO GROW AS DATA Internet adoption will surge as a result. Africa’s Internet subscribers is set to double to 483 million by 2025, up from 239 million in 2018. Heralding this growth is a younger population of internet-savvy Africans. Africa’s digital natives will power the future of the internet. Image credit: IFC.TECHCABAL DAILY
8 JUNE, 2021 IN PARTNERSHIP WITH Good morning ☀️ ️ Would you buy this? Pages containing Isaac Newton’s jotted revisions to his masterwork, the “Principia,” are expected to sell for $850,000 and $1.3 million next month. A first edition of the book sold at auction for $3.7 million in 2016. In today’s edition: Centre Stage WHATSAPP WON’T RESTRICT USERS WHO DON’T AGREE TO ITS 14 hours ago · WhatsApp recently announced that it will not be limiting access to the features of the app for those who reject the new privacy policy and disagree to let it share its data with Facebook and other third-party companies. The initial deadline for theacceptance
THE BEST COMMUNICATIONS MANAGERS ARE EMPATHETIC I arrived at Moyosola’s home a few minutes after 9 am last Thursday. Our conversation took place over two plates of half English breakfast, two cups of coffee, and homemade fruit smoothies. Moyosola Kara is the director of marketing and communications at Eze Wholesale – a YC-backed startup on a mission to simplify the wholesale* TC Daily
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Copyright ©2018 Big Cabal Media. All rights reserved. Privacy & legal notice . Proposed five percent tax on e-commerce transactions could hindergrowth
Business, ecosystem, FinTech, Government, Internet, Mobile, News, Products, startups, TechnologyAbubakar Idris
8th August 2019
In a recent interview, Babatunde Fowler, the Chairman of the Federal Inland Revenue Service (FIRS), disclosed that his agency is considering imposing a new tax specifically for e-commerce. Africa’s billion-dollar free trade agreement offers hope but hardwork lies ahead
Business, Entrepreneurship, Government, PolicyAanu Adeoye
8th August 2019
When Nigerian President Muhammadu Buhari finally signed his country into the newly-minted African Continental Free Trade Agreement (AfCFTA), it brought Africa’s biggest economy to the table and showed once and for all that the continent is ready for business. The ramifications of Nigeria’s assent to the agreement cannot be overstated and it was no surprise Uganda wants online media platforms and influencers to pay $20 to operate in the country Entertainment, Government, Internet, long reads, News, people, Policy, Politics, Social Media, TechnologyAbubakar Idris
7th August 2019
The Uganda Communications Commission (UCC) has commenced the mandatory registration of online media platforms and influencers operating in the country, according to reports.Press Room
MKobo Microfinance Bank Unveils Digital Product To Drive Savings ForFestive Periods
Partner
Partner
7th August 2019
Nigeria’s premier microlender, MKOBO Microfinance Bank has introduced a new digital savings solution that allows customers to save specifically for festive periods. Lori Hires Nigerian to Lead Strategic Expansion Across African MarketPartner
Partner
31st July 2019
Lori Systems, a Pan African logistics coordination platform that seamlessly connects cargo owners to transportation, has announced the appointment of Uche Ogboi as the company’s Chief Operating Officer and Efayomi Carr as Head of Strategic Finance effective July 29, 2019 Access Bank takes DiamondXtra Digital on *901#Partner
Partner
30th July 2019
Nigeria’s leading retail bank, Access Bank Plc has launched and opened up its USSD channel (*901#) to all Nigerians to enable the instant opening of DiamondXtra accounts from mobile devices. 5 Reasons You Need the MyGOtv Mobile Self-service AppPartner
Partner
26th July 2019
MultiChoice has launched a self-service application that will provide GOtv customers with a simple and easy way to manage their accounts from their mobile devices. Netcore launches Report on Email reception for the Year 2018Partner
Partner
25th July 2019
Data from this report will help email marketers tailor their communication to ensure they are delivering the right content at theright time.
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No, Cowrywise and PiggyVest are not building digital banks – yet Business, ecosystem, FinTech, Internet, Mobile, News, Products, startups, TechnologyAbubakar Idris
5th August 2019
The new features from PiggyVest and CowryWise are designed to help users make transfers to their funds easily; but speculation has been rife about both startups becoming “digital banks”. In reality, neither company has any plans to become a bank at the moment. How soil-less farming aims to tackle Nigeria’s 11 billion dollarannual food imports
Entrepreneurship, TechnologyWole Olayinka
2nd August 2019
Triggered in 2015 by Nigeria’s economic woes due to declining oil revenues, Mevis Aiyeju, a TV producer, looked to farming to help bolster the economy. She and a growing number of modern farmers are exploring soil-less farming. One tap away: Ride-Hailing Services Now Haven of Harassment, Especially Towards Women Features, long reads, people, RidesharingKay Ugwuede
1st August 2019
This promise of safety, it seems, is becoming even more difficult to keep as reports continue to make the rounds about riders, especially women, being harassed in various forms, from unwelcome physical contact to intimidation, verbal abuse, endangerment and in extreme cases, physical harm. Join 7000+ TC Daily Newsletter Subscribers Subscribe TechCabal Daily, 838 – Tinder’s parent company acquires Egyptiandating app
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Join 7000+ TC Daily Newsletter Subscribers Read today’s edition of TechCabal’s daily digest, the most comprehensive roundup of technology around Africa. Or subscribe to get it in your inbox every weekday at 7am WAT.Subscribe
MTN granted operating license to launch financial service in Nigeria Business, FinTech, Government, Internet, News, Policy, Products,Technology
Abubakar Idris
31st July 2019
A subsidiary of MTN Nigeria, Yello Digital Financial Services (YDFS), has secured a licence from the Central Bank of Nigeria to operate financial services in the country. Bootstrapping: When should startups seek to raise external funding? Entrepreneurship, Funding, Venture CapitalWole Olayinka
31st July 2019
The ideal startup story involves entrepreneurs with the right ideas, bank-rolled to billion-dollar valuation by investors with deep pockets. While many tech startups look up to this formula, some explore alternative routes. Flutterwave-Alibaba Partnership Opens Up 1 Billion Chinese Market toAfrican Merchants
Business, FinTech
Kay Ugwuede
30th July 2019
A new partnership between Flutterwave and Chinese e-commerce giant Alibaba, has opened up a potential Chinese market of over 1 billion people for African merchants. Google Maps, with its new Nigerian voice, wants to make commuting inLagos easier
Apps, Business, TechnologyAanu Adeoye
30th July 2019
Lagos has a population of about 22 million people and a significant traffic problem. With a moribund public transport system that leaves transportation in the hands of private individuals, Lagos has an overload of vehicles and an informal public transport network of yellow buses called danfo. A 2017 report from the Lagos stategovernment says
Jumia bids to spur online shopping with delivery fee subscriptionservice
Business, ecosystem, Internet, News, startups, TechnologyAbubakar Idris
29th July 2019
Jumia Prime is designed to reduce delivery costs for frequent Jumia customers. It also aims to turn infrequent and first-time customers torepeat buyers.
Yahoo Yahoo: Inside the life of a Nigerian cyber criminalpeople, Technology
Wole Olayinka
26th July 2019
The age-old ‘Nigerian Prince’ scam has become the theme of popular jokes in the United States and around the world, but variants of these internet fraud schemes still bedevil unsuspecting victims. We interviewed a scammer.More Stuff
PRESS ROOM
MKobo Microfinance Bank Unveils Digital Product To Drive Savings ForFestive Periods
Partner
Partner
7th August 2019
Nigeria’s premier microlender, MKOBO Microfinance Bank has introduced a new digital savings solution that allows customers to save specifically for festive periods. Lori Hires Nigerian to Lead Strategic Expansion Across African MarketPartner
Partner
31st July 2019
Lori Systems, a Pan African logistics coordination platform that seamlessly connects cargo owners to transportation, has announced the appointment of Uche Ogboi as the company’s Chief Operating Officer and Efayomi Carr as Head of Strategic Finance effective July 29, 2019 Access Bank takes DiamondXtra Digital on *901#Partner
Partner
30th July 2019
Nigeria’s leading retail bank, Access Bank Plc has launched and opened up its USSD channel (*901#) to all Nigerians to enable the instant opening of DiamondXtra accounts from mobile devices. 5 Reasons You Need the MyGOtv Mobile Self-service AppPartner
Partner
26th July 2019
MultiChoice has launched a self-service application that will provide GOtv customers with a simple and easy way to manage their accounts from their mobile devices. Netcore launches Report on Email reception for the Year 2018Partner
Partner
25th July 2019
Data from this report will help email marketers tailor their communication to ensure they are delivering the right content at theright time.
These are the four reasons why we love the new HUAWEI Y9 Prime 2019Partner
Partner
24th July 2019
Huawei launched today the latest edition of the Y series, the HUAWEIY9 Prime 2019.
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