Insider

Condia Insider: Big growth, massive loss for Interswitch

Interswitch’s latest financial report is a tale of contrasts: soaring revenues and unexpected losses.

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Condia Insider: Temu’s bold step into Nigeria’s eCommerce market

In this letter, we explore; Temu’s big entry to Nigeria, Namibia orders Starlink to cease all operations, M-Kopa to hit 400m revenue by year-end.

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Condia Insider: Why mobile internet growth is stalling

Mobile internet growth is slowing down worldwide, with Africa at the center of the challenge.

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Condia Insider: Egypt’s move for safer digital payments

In this letter, we explore; Bitcoin rally continues, nears $100k, Egypt's Central Bank to implement card tokenisation, Starlink halts Nigerian orders

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Condia Insider: Ethiopia’s big move to cashless payment

In this letter, we explore: Jumia faces a tough third quarter, Nigeria’s telecom sector push towards tariff hike, Ethiopia mandates standard QR code for digital payments.

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Condia Insider: What Techstars exit means for African startups

Techstars has ended its Lagos accelerator program, closing out a two-year run of investing in early-stage African startups. While this signals the end of its physical presence in Nigeria, Techstars plans to keep supporting African founders through its global network. But this exit leaves a big question

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Condia Insider: CBN steps in to end banking disruptions

In this letter, we explore: MTN Nigeria struggles amidst economic challenges, CBN steps in to prevent future banking disruptions, Janngo Capital raises $78 million to empower African women entrepreneurs.

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Condia Insider: What’s next for Binance in Nigeria?

In the bid to improve the state of the economy, the CBN governor initiated measures to “take charge of [Nigerian] markets,” and Binance was a casualty. This was the beginning of a lengthy public battle between the Nigerian government and Binance.

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BD Insider: Uber goes wild

In today’s midweek update, we look at; Uber expands into tourism in South Africa with Uber Safari, Starlink doubles prices in Nigeria, Carry1st and Audiomack partner to simplify digital payments.

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BD Insider: The real cost of PoS compliance

Android lovers look away. Apple’s biggest event of the year takes place today, and the company is expected to unveil the iPhone 16 series, new Apple Watches, and possibly more surprises.

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BD Insider: Takealot bows out of fashion

Zambian roads are about to be introduced to Build Your Dreams (BYD) electric cars after the Chinese electric vehicle manufacturer announced its expansion into the country.

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BD Insider: Zimbabwe does a 360 on crypto🇿🇼

The Zimbabwean government is working on its first-ever crypto regulations, which is a big deal considering they slapped a ban on banks dealing with crypto in 2018.

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