- The electronic Tax Invoice Management System or eTIMS will provide Kenya’s tax authorities with real-time information on VAT. Taxpayers and businesses who refuse to use eTIMS may pay fines of up to Ksh1 million ($7,800).
More in #TCDaily.
- Edtech startups in Africa raised $24.6 million in 2022, a 69.6% decline from 2021. This decline in funding is one challenge edtech startups face.
Despite this, edtech startups are doubling down and marching on. So we did a mini-health check on them. Read it here:
- Editor’s Note Week 09, 2023 Read time: 5 minutes This edition of TC Weekender comes bearing good news for all cash-strapped Nigerians, the plans the announced winner of Nigeria’s presidential election has for tech in the country, and Messi buying his World Cup-winning teammates gold iPhones. Read…
- Vivo has been making waves in the mobile phone industry with its impressive lineup of android devices. In this article, we will take a look at three top Vivo smartphones and their prices in Africa.
- In the middle of a good publicity run, Payday is looking to raise $1.5 million to grow its product and engineering team, expand its operations and get the required licences for those expansions.
- In todays’ edition of Centre Stage, I share parts of my conversations with Feyikemi Akin-Bankole and Simisola Badiru. Feyikemi and Simisola – fondly nicknamed “F&S” by secondary classmates years ago – were recent grantees of Spotify’s Africa Podcast Fund which was announced in October 2022. On…
- MultiChoice has announced that it is relaunching its streaming service platform Showmax through a partnership with NBCUniversal and Sky.
More in #TCDaily.
- Days after Nigeria’s presidential elections, Nigerians are still suffering the effects of the currency redesign as the cash crisis continues. Several bank customers have been in queues for cash for days as Nigeria’s economy contracts.
- In the absence of a clear path to exit via acquisition, since Libya is mostly cut off from other regions or IPO for the same reason, “there are clear paths to profitability.” But what does that even mean?
- WeWork claims to have seen strong demand from companies seeking flexible space solutions and will use the partnership to power growth and unlock the significant market opportunity in the region.
- But CEO Peter Ndegwa’s job is safe. Kenya’s top telco, Safaricom, has continued its corporate shakeup with the appointment of new board members. Last week, Karen Kandie and Ory Okolloh were announced as new members of the telco’s board of directors. This comes after Safaricom replaced John Ngumi,…
- Social media presence has opened an industry that comprises tools that enable the seamless usage of social media, from creating content to scheduling, posting, and data analysis. See three things that will allow a seamless social media management posting experience.
- Lionel Messi is making headlines for his recent purchase of pricey customised gold iPhones for his 2022 world cup-winning side. See pictures, features, cost and beneficiaries of this tech gesture from the football star.
- Following a new policy by COMESA, Jumia faces liability for any disputes arising from faulty products bought from third parties it hosts on its marketplace.
More in #TCDaily.
- At 4am on Wednesday, Bola Ahmed Tinubu was announced as Nigeria’s President-elect. While questions continue over the legitimacy of the elections, it’s worth reviewing Tinubu’s plans for the technology sector. It will let us know what to expect if his electoral victory stands. In October 2022, the…
- Jumia can now be held responsible for any disputes resulting from third-party transactions made through its platform, after reviewing its terms and conditions.
- In this special episode of My Life in Tech, we speak with Dr. Simpa Dania whose startup, Healthstack, helps healthcare providers across Africa digitise healthcare operations in order to improve operations and save more lives.
- Product marketers are microphones that tell the audience about a company’s products and services. In this edition of #EnteringTech🚀, Oluwatofunmi Alo (@oluwatofunmii_), marketing lead at @spleetafrica, explores the skills successful product marketers need.
- Ultimately, Nigeria’s 2023 elections show that technology needs to meet political will to make a difference. With its credibility under question, the electoral umpire–and technology–were the stars of the show for the wrong reasons.
- The Independent National Electoral Commission (INEC) has declared Bola Ahmed Tinubu as the winner of Nigeria’s 2023 presidential election. According to INEC, Tinubu received 35% of the votes across 27 states—36% of the total votes.
More in #TCDaily.
- In a statement, the company stated that it will invest €50 million into the fund over the next five years, making it the largest chemicals and industry venture capital fund in South Africa.
- Applying for a Kenyan passport is now easier than ever. In this step-by-step guide, we will walk you through how to apply for a passport in Kenya online.
- The Financial Action Task Force (FATF)—the international financial crime watchdog—has added Nigeria and South Africa to its “grey list” for countries with weak money laundering and terror financing laws.
More in #TCDaily.
- Nigeria has been placed on the global watchdog for money laundering and terrorist financing, the Financial Action Task Force's grey list. What does it mean?
- In order to address the deficiencies pointed out by the FATF, the South African government has set itself a deadline of the end of January 2025 with the possibility of managing to do it in 2024.
- Africa is overrepresented in the list of emerging markets facing severe economic crises. Add elections to the mix and the picture begins to look fuzzier. The sophisticated tech investor cannot gloss over this. @signorabraham writes on The Next Wave via @TechCabal
- Africa is overrepresented in the list of emerging markets facing severe economic crises. Add elections to the mix and the picture begins to look fuzzier. The sophisticated tech investor cannot gloss over this. @signorabraham writes on The Next Wave via @TechCabal
- Nigeria's electioneering agency, INEC, has reported that it’s experiencing “technical hitches” related to scaling the use of its election result viewer, (IReV), a portal it created to provide real-time transmission of election results.
More in #TCDaily.
- The sight of a Suzuki Alto or S-Presso moving on the streets in the posh parts of Lagos is not unfamiliar. While the vehicle might seem out of place in the upscale areas, it serves an important function. Moove, a Nigerian automobile financing startup, in partnership with Uber, placed them on the…
- Social media platforms seem to be taking a 'hands-off' approach to fake news, by letting go of most of their content moderators. How will this affect the general elections going in Nigeria?
- Institutions like Nexford, where digital learning is being adopted, may serve as the ideal training ground for Africans to get ready for life after school in a post-pandemic world where most transactions and businesses are now conducted online.
- The elections are tomorrow. Nigerians are ready, but is Nigeria's internet ready? Will Nigeria's network allow INEC's BVAS to live up to the expectations of a smooth and fair election?
- Cash is being dethroned on Nigerian streets. And this is affecting the nightlife ecosystem. From ‘ballers’ to ‘pickers’, more people at local nightclubs are starting to feel the heat of a national cash crisis
- Kenya's M-Pesa made the agent-network model popular, e-commerce startups are applying the model to food and household retail shopping, writes @signorabraham via @TechCabal
- With an existing presence in Nigeria, Egypt, and South Africa, where it dedicates $20m funds to black-owned businesses, and now Kenya, JP Morgan is now operational across Africa's big four tech hubs.
- In today’s edition of #TCDaily: - Will Nigeria struggle with fake news during its elections? - Starlink enters Rwanda - Angola to invest $89 million in the cloud.
- As the elections approach and the effects of the currency redesign persist, could layoffs be the reason for the spread of fake news on Nigerian Twitter?
- As the elections approach and the effects of the currency redesign persist, could layoffs be the reason for the spread of fake news on Nigerian Twitter?
- Smile Identity's recent $20 million Series B funding will be used to grow its engineering team and also ensuring compliance across their varies markets.
- Nigeria's Central Bank has denied rumours of a transaction shutdown this weekend, but at banks across Nigeria, it's driving a mad rush for cash. At supermarkets, emergency shoppers are also trying to beat the imaginary shutdown
- Numerous African universities still operate with decades-old curricula, making a continent-wide case for alternative digital learning programs that are fresh, less bureaucratic, and optimised for flexible learning.
- To identify disenfranchised founders, Innovation Collective employs its network of partners as well as its own marketing specialists. To apply, startups are required to have progressed past the idea phase and have a viable product or tech, or have validated ‘willingness to buy’ in the market.
