Thursday 21st November 2019,
Hope for Nigeria

Why fintech surpasses health-tech in the Nigerian market

From a lack of knowledge to antiquated documenting systems, industries in Nigeria have not taken advantage of technologies that could transform their domains. We compare two industries in Nigeria on how they handle data. Techpoint.Africa [...]

November 20, 2019 Technology Business & StartUps

Some MTN Ghana iPhone users are having issues using USSD codes

One of the easiest ways to perform online transactions is by dialling USSD codes from any mobile phone. Right now, MTN subscribers in Ghana who use iPhones are having difficulty using USSD codes Techpoint.Africa [...]

November 20, 2019 Technology Business & StartUps

Termii, a Nigerian CaaS startup, secures $30,000 seed fund from Transsion-backed incubator

A Nigerian Communication-as-a-Service startup, Termii, announces a $ 30,000 seed fund secured from Microtraction and Transsion-backed Future Hub Techpoint.Africa [...]

November 20, 2019 Technology Business & StartUps

Cheki ex-CEO, Gbenro Dara joins Opera as managing director to lead its new marketplace, OList

Having worked for classifieds sites Efritin and Cheki, Gbenro Dara has now taken up the role of managing director in another yet another classifieds company, Opera’s recently announced vertical, OList Techpoint.Africa [...]

November 20, 2019 Technology Business & StartUps

With mobile technology, Kenyan-based Bluewave Insurance wants to demystify insurance

Against the odds of traditionally held beliefs and biases in Africa, Kenyan-based Bluewave Insurance is leveraging mobile technology to demystify and make insurance more accessible in Africa Techpoint.Africa [...]

November 20, 2019 Technology Business & StartUps

What could IPOs in foreign stock markets mean for Africa-focused companies?

Some African startups have revealed plans to list on stock exchanges outside the continent. But based on the discouraging performance of ICT companies already listed in these bourses, should they think twice about such moves? Techpoint.Africa [...]

November 20, 2019 Technology Business & StartUps

OPay appears to compete against Uber, Bolt in Nigeria with OCar

Opera-founded, OPay has launched yet another vertical; a car-hailing service called OCar. Coming just after it announced a $ 120m funding round led by Chinese investors, the startup seems to be taking on establlished players, Uber and Bolt Techpoint.Africa [...]

November 19, 2019 Technology Business & StartUps

The Lagos state government is on a mission to convert recreational parks into makeshift innovation centres

Moving away from the typical use of parks for recreation, the Lagos State government, through LASPARK, gives innovation-driven firms free spaces within state-owned parks for erecting low-cost innovation hubs Techpoint.Africa [...]

November 19, 2019 Technology Business & StartUps

Is Releaf.ng, the Y Combinator-backed agritech startup struggling or just under the radar?

In 2017, three Nigerian-Americans while studying in the US founded Releaf.ng, and made it into Y Combinator. Much hasn’t been heard about them since then, begging the question; is the startup struggling? Techpoint.Africa [...]

November 19, 2019 Technology Business & StartUps

Konga ex-boss, Sim Shagaya started and failed at these four projects before finding success

Recently, Sim Shagaya sold E-Motion Advertising and it was reported that it was his first company. However, we take a look at four different projects Sim was involved with before E-Motion Advertising. Techpoint.Africa [...]

November 18, 2019 Technology Business & StartUps

How I Work: David Adeleke, Head of Communications, Eko Atlantic City

David Adeleke has made major strides in his industry, starting out as a humble social media manager and now, shaping the image of Eko Atlantic City. On this week’s How I Work, we speak with David to learn how he [...]

November 18, 2019 Technology Business & StartUps

OPay’s $120 million series B round boosts fund chest to almost $200 million

OPay raises $ 120 million series B fund to scale in Nigeria and enter other African markets while improving on high-frequency use services on the payment platform Techpoint.Africa [...]

November 18, 2019 Technology Business & StartUps

For Nigerian motorcycle-hailing startups, government seems to have abdicated regulatory responsibility

The saga continues in a battle of survival for motorcycle-hailing startups in Nigeria as government and transport unions connive against them Techpoint.Africa [...]

November 18, 2019 Technology Business & StartUps

Nigerian-based medical logistics startup, LifeBank commences drone delivery

Nigerian-based medical logistics startup, LifeBank is adding ‘Beyond Visual Line Of Sight’ (BVLOS) drone delivery to its methods of transportation, a first of its kind for an African-led company. Techpoint.Africa [...]

November 17, 2019 Technology Business & StartUps

Konga founder Sim Shagaya’s first ever company, E-Motion Advertising just got acquired

About 6 years before Sim Shagaya founded Konga, he started and ran an outdoor advertising company called E-Motion Advertising. The company just got acquired by Seyi Tinubu’s Loatsad Promomedia. Techpoint.Africa [...]

November 17, 2019 Technology Business & StartUps

Nigeria’s LifeBank wins $250,000 as top startup at inaugural Africa Netpreneur Prize Initiative

LifeBank wins $ 250,000 from the Jack Ma Foundation (through the Africa Netpreneur Prize Initiative). The medical logistics startup beat 9 other African startups competing for a share in $ 1 million total grant prize money. Techpoint.Africa [...]

November 17, 2019 Technology Business & StartUps

Against all odds: How MTN Nigeria gained over $1.8 bn valuation in just 6 months on the NSE

A look at MTN Nigeria’s performance in its first six months on the Nigerian Stock Exchange, becoming Nigeria’s most valuable company amidst executive exits, xenophobic attacks, and loss of subscribers. Techpoint.Africa [...]

November 16, 2019 Technology Business & StartUps

Facebook, Twitter and differing approaches to curbing their influence on global politics

Having identified social media’s influence on global elections, Facebook and Twitter are making efforts to reduce it to a bare minimum. But they have differing approaches. Techpoint.Africa [...]

November 15, 2019 Technology Business & StartUps

3 startups graduate from Itanna second cohort accelerator programme

Honeywell Group-backed corporate VC, Itanna releases the second batch of startups from its accelerator programme while revealing plans to support startups transitioning into the West African markets Techpoint.Africa [...]

November 15, 2019 Technology Business & StartUps
Release Sowore and Co

Nigerians in UK protest, demand release of Sowore, others

Nigerians in the United Kingdom under the aegis of Free Sowore Now and the Take It Back Movement defied the freezing London weather yesterday to demand the immediate release of the #RevolutionNow convener, Omoyele Sowore, his co-defendant, Olawale Mandate, journalist [...]

November 15, 2019 International
Lesotho’s artificial turf worries Musa as Eagles leave for matchday two

Lesotho’s artificial turf worries Musa as Eagles leave for matchday two

Super Eagles’ Captain, Ahmed Musa has cautioned his mates to be ready for tough times on Sunday when they meet Lesotho in Maseru’s artificial pitch. Nigeria, which beat Benin Republic in their opening game of the 2021 African Nations Cup qualifying [...]

November 15, 2019 Sports
Electricity

‘Why bill to criminalise estimated billing may not work’

Some stakeholders in the power sector, yesterday, expressed serious worry over a bill at the National Assembly aiming to criminalise estimated billing of electricity consumers by distribution companies, stressing that the proposed law will not work. The industry players, who [...]

November 15, 2019 Power
Kogi elections

Fear of violence as police deploy 66,241 for Bayelsa, Kogi elections

The police yesterday disclosed that 66,241 personnel would be deployed for security operations in both Kogi and Bayelsa states. Out of this, 35,200 would be deployed in Kogi State while 31,041 would be in Bayelsa State. Deputy Inspector-General of Police [...]

November 15, 2019 Government and politics
Border closure

Border Closure: Nigeria, Benin, Niger to form border police

Nigeria, the Republic of Benin and Niger have agreed to establish a joint border police to check the influx of foreign goods into West Africa’s largest market. The three countries said in a joint communique in Abuja on Thursday evening [...]

November 15, 2019 Africa

WhatsApp launches a business catalogue feature, what does this mean for m-commerce in Africa?

The future of eCommerce in Nigeria seems uncertain as WhatsApp launches Business ‘catalog’ on its platform. We explore what this could mean for established eCommerce players Techpoint.Africa [...]

November 15, 2019 Technology Business & StartUps

Beyond fashion and gadgets, why groceries should be the focus of e-commerce platforms in Nigeria

Having witnessed its struggles over the years, current trends and insights from industry players suggest a hands-on approach to the online sale of groceries could be the missing piece in the Nigerian e-commerce puzzle. Techpoint.Africa [...]

November 15, 2019 Technology Business & StartUps

How to invest in local and foreign stock markets from Nigeria

Nigerians who want to grow their money without worrying about Naira fluctuations and inflation should review these investment platforms and see which will work for them Techpoint.Africa [...]

November 14, 2019 Technology Business & StartUps

Interswitch is a unicorn but this London-based investor owns more than half of the company

Nigerian fintech giant, Interswitch is finally worth over $ 1bn. But one London-based, Africa-focused investment group continues to own more than half of the company. Techpoint.Africa [...]

November 14, 2019 Technology Business & StartUps

Founder of Alibaba Group, Jack Ma is in Nigeria

Co-founder and former executive chairman of Alibaba Group, Jack Ma is in Nigeria to attend the Nigeria Digital Economy Summit (NDES) in the nation’s capital, Abuja.  Techpoint.Africa [...]

November 14, 2019 Technology Business & StartUps
National Youth Service Corp

NYSC, expelled graduates and dress code controversy

Religion, modernity, and secularity often do not mix well at all in Nigeria -a multi-ethnic and religious overpopulated nation -as the latest case of two graduates refusing to wear prescribed uniform in the orientation camp of the National Youth Service [...]

November 14, 2019 Education