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In this letter, we explored the rising cost of Nigerian telcos’ energy, Uber's first electric bikes in Africa, and Safaricom's plan to introduce standing orders on M-PESA.
“The situation is being handled,” according to investors at Float. We also covered the payouts made by Piggyvest since 2016.
Most of the over 600,000 graduates produced by Nigerian universities lack digital skills, according to a report by GetBundi. We also covered Airtel Uganda's planned IPO.
Where is the Nigeria’s “$500 million digital economy fund” from? We attempt to answer this question and also provided insights into World Bank’s partnership to roll out digital IDs for Nigerians.
Within 15 months, non-resident digital firms paid over ₦2 trillion to the Nigerian government, according to NBS data. We also provided a roundup of tech happenings.
Its internal 409A valuation was cut by 70%, according to Forbes. We also explored the controversies with the newly launched “Patricia Token”.
The Central Bank of Nigeria has reversed its stance on the operations of BDCs. We also shared a roundup of happenings in the African tech ecosystem.
The fintech company is rolling out a consumer app and debit card that will enable personal banking transactions.
Nigerian fintech, Sycamore has been added back to the list of approved digital lenders. This letter also covers Kobo360's CEO appointment as commissioner in Enugu state.
Yassir has signed a global partnership with PSG. We also covered Nigerian artistes’ revenue on Spotify, the issues at Dash, and other stories.
Kenyan logistics startup Sendy says it's in the middle of an acquisition process. We also covered the World Bank's decision to pause lending to Uganda over anti-LGBTQ+ law.
Buguard has raised a $500,000 Seed to offer offensive security against dark web cyber attacks to its client across the world. The round was led by A15.
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