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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.
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.
In this letter, we explore; Kenya approves $907 million proposal from Adani amidst controversy, AliExpress is set to enter Ethiopia, China launches a new rival to Starlink.
Prime Video cuts funding and staff in Africa. Still Inside: The launch of Accelerate Africa + Tech VC trends that will shape Africa in 2024.
We also covered how Nigeria has lost its spot as the top destination for tech VC funding in Africa and Flutterwave and IATA payment partnership.
Nigeria remains the preferred destination for the Google Founders Fund in Africa, dominating the three cohorts since the fund was launched.
Letter 167 explores Visa's plan to invest in African fintech startups, ThriveAgric's journey: From a turbulent 2020 to an incredible 2022 and unification of the exchange rate.
In this letter 157: Solomon Osadolo's journey to becoming a global content design talent, the latest on digital lending regulation in Nigeria and Cameroon's eVisa.
Letter 152 examines Nigeria's 2023 demonetisation policy, MFS Africa's plan for cross-border mobile money transfers in Africa and Namibia's residence by investment program.
CcHub to invest $15 million into 72 African edtech startups. Meanwhile, Nigerians are gobbling up Starlink via Payday, Chipper and others.
Data about the state of tech in Africa.
BD Insider, Letter 124 covers the Nigerian government's request to YouTube to bar proscribed groups and Kenya's stance on meme copyright.
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