Techpoint Africa Podcast

This episode is also available on YouTube - https://youtu.be/c2KHnF9d9zkToday on the Techpoint Africa Podcast, our reporters discuss some stories from 2022, while welcoming the new year with some fresh news.The stories: Starlink's launch in Nigeria and pricing Microsoft integrating ChatGPT into Bing Salesforce to lay off over 7,000 workers Techpoint is 8! Timestamps00:00 - Intro07:00 - Starlink's Nigeria launch11:53 - Microsoft to imtegrate ChaGPT16:50 - Salesforce lays off staffUseful links Starlink to charge Nigerians $600 per kit Elon Musk’s Starlink in Nigeria With the promise of high-speed Internet from space, can Elon Musk’s Starlink decongest African cities? Microsoft to integrate OpenAI’s ChatGPT chatbot into its Bing search engine Salesforce lays off 10% of its employees Techpoint Africa is 8, and still profitable! CBN reduces withdrawal at ATMs, PoS, to ₦‎20,000 ($27) per day to further cashless policy CBN reverses cash withdrawal limits but continues its push for a cashless economy CBN’s cash withdrawal limit: 3 ways it’s good for you and 3 ways it’s not What Sweden and India can teach Nigeria about the cashless economy 6 ways the CBN’s cash withdrawal limit could benefit Nigeria’s telecom companies, from new revenue streams to increased customer penetration Access Bank, GTB, and Fidelity Bank recorded 26,877 fraud cases in the first half of 2022 Nigeria will soon recognise cryptocurrencies as legal This episode was produced by Ogheneruemu Oneyibo and Samuel OkikeEmail us your feedback at podcast@techpoint.africa. Visit www.techpoint.africa for more stories.Music - Beach by MBB - https://www.youtube.com/watch?v=dEnQ8dHwDSk

This episode is also available on YouTube - https://youtu.be/jpqgZdZrCNQToday on the Techpoint Africa Podcast, we look at some of the news headlines this week even as we celebrate the last roundup episode for 2022.The stories: ARCON’s directive to skit makers Klasha's 5-day menstrual cycle leave policy Layoffs and salary delays at the IT company behind Eyowo — Softcom FTX Founder, Sam Bankman-Fried (SBF), charged with defrauding investors To advertise or promote your brand, visit this link - https:/techpoint.africa/advertise or send an email to business@techpoint.africaTimestamps00:00 - Intro02:08 - ARCON's new directive 09:05 - Klasha's new menstrual leave policy14:35 - Softcom layoffs17:30 - Sam Bankman-Fried charged with fraudUseful links Advertisements by skit-makers, influencers, others are unverified claims and misinformation — ARCON Klasha’s bold menstrual leave policy: A step forward or a step too far? Softcom has reportedly laid off staff after owing salaries in December 2021 and November 2022 Sam Bankman-Fried (SBF) charged with defrauding investors FTX’s new CEO, John Ray, details crypto exchange’s downfall in US House testimony This episode was produced by Ogheneruemu Oneyibo and Gracious Sede Email us your feedback at podcast@techpoint.africa. Visit www.techpoint.africa for more stories.Music - Beach by MBB

This episode is also available on YouTube - https://youtu.be/nN687Xgcw_4Today on the Techpoint Africa Podcast, our Senior Reporter, Chimgozirim Nwokoma, interviews Femi Iromini, CEO Moni Africa, and the latter had a lot to say on the topic of financial inclusion in Nigeria.Femi shares his views and opinions on the continued lack of financial inclusion for a larger part of the Nigerian populace, the reasons behind this, and the role government and tech players can play in rectifying the situation.To advertise or promote your brand, visit this link or send an email to business@techpoint.africaTimestamps00:00 - Intro01:45 - Defining financial inclusion02:48 - How important is financial inclusion for Nigeria?08:34 - Biggest challenges to financial inclusion12:24 - Financial literacy13:29 - How can financial literacy be increased?17:26 - The link between poverty and financial inclusion 21:02 - Government's role in driving financial inclusion24:06 - Technology's role in enabling financial inclusion26:13 - How Moni Africa improves financial inclusion for customersThis episode was produced by Ogheneruemu Oneyibo and Gracious Sede Email us your feedback at podcast@techpoint.africa. Visit www.techpoint.africa for more stories.Music - Beach by MBB

This episode is also available on YouTube - https://youtu.be/Xi1ec1PYKRIToday on the Techpoint Africa Podcast, our reporters discuss the new withdrawal restrictions imposed by the Central Bank of Nigeria (CBN). On Tuesday, December 6, 2022, the CBN issued a new directive to reduce withdrawal at ATMs and PoS terminals to ₦‎20,000 ($27) per day to further cashless policy. We look at how it will affect citizens, especially those operating in the informal sector.To advertise or promote your brand, visit this link or send an email to business@techpoint.africaTimestamps00:00 - Intro03:12 - Why is CBN doing this04:29 - Inflation or cashless policy: CBN's endgame05:50 - What this means for Nigeria's cash-driven economy08:28 - Who are the biggest winners Useful links CBN reduces withdrawal at ATMs, PoS, to ₦‎20,000 ($27) per day to further cashless policy 6 ways the CBN’s cash withdrawal limit could benefit Nigeria’s telecom companies, from new revenue streams to increased customer penetration N26.17 Trillion was Unbanked in 2021 Nigeria commissions Omeife, its first humanoid robot FTX-funded Chipper Cash lays off employees one year after raising $150 million FTX marked down Chipper Cash’s $2B valuation to $1.25B After raising $140m+ from 3 funding rounds in 2022, mobility startup, Moove quietly “dismisses” employees This episode was produced by Ogheneruemu Oneyibo and Gracious Sede Email us your feedback at podcast@techpoint.africa. Visit www.techpoint.africa for more stories.Music - Beach by MBB

This episode is also available on YouTube - https://youtu.be/LawGgPbjX5w]Today, our Senior Editor, Oluwanifemi Kolawole, looks at the intricacies of hiring in the tech world with Chibuzo Ihentuge-Eric, Head of People and Culture at Bankly.The discussion centers around the cost of hiring and what tech companies (should) look for in candidates they intend to hire.To advertise or promote your brand, visit this link or send an email to business@techpoint.africaTimestamps00:00 - Intro03:14 - Is there a shortage of tech talent?04:49 - How long it takes to fill a position 06:13 - Putting your best foot forward when recruiting10:21 - To upskill your employee or not?12:47 - How your succession plan should look13:39 - Recruiting for early stage startups 14:51 - What is the actual cost of recruitment?18:15 - Choosing between doing ads and using a recruiter 21:14 - What to do when looking for talent23:49 - The cost of having vacant roles25:13 - Do employers need more notice periods to handover roles properly? 26:57 - How to get the right talentUseful linkWith less than 0.1% of workers migrating, Nigeria’s brain drain problem is an exaggerated case of talent migrationThis episode was produced by Ogheneruemu Oneyibo and Gracious Sede Email us your feedback at podcast@techpoint.africa. Visit www.techpoint.africa for more stories.Music - Beach by MBB

This episode is also available on YouTube - https://youtu.be/5ijseinzdgIToday on the Techpoint Africa Podcast, our reporters answer the important question, "Is crypto dead?"Senior Reporter, Bolu Abiodun believes it is not and he tells us why. He also shares his vision of how crypto could evolve in the coming years.To advertise or promote your brand, visit this link or send an email to business@techpoint.africaTimestamps00:00 - Intro01:40 - Is crypto dead?04:41 - Other crypto bear markets05:52 - What caused this?08:37 - Why does Nigeria's SEC call crypto an usensible asset?11:05 - Will the government ever accept crypto?Useful links Where’s crypto headed from here? 3 critical questions about the future of crypto answered Nigeria’s SEC will only consider “sensible digital assets” and not crypto, as it plans to improve trading in digital assets FTX started with $200, grew to $32bn, and collapsed in 2 weeks. Here’s how it happened This episode was produced by Ogheneruemu Oneyibo and Gracious Sede Email us your feedback at podcast@techpoint.africa. Visit www.techpoint.africa for more stories.Music - Beach by MBB

This episode is also available on YouTube - https://youtu.be/_7WfLJcsmA0Today on the Techpoint Africa Podcast, we have an insightful discussion into the place of traditional (offline) marketing in a world of digital marketing.Hosting the podcast is Senior Reporter, Ogheneruemu Oneyibo with Olabinjo Adeniran, a Nigerian technology professional with over ten years of experience leading and managing marketing campaigns for African startups, as our guest.To advertise or promote your brand, visit this link or send an email to business@techpoint.africaTimestamps00:00 - Intro01:41 - Explaining digital, offline, and hybrid marketing06:29 - Personal preference07:32 - What's the draw for both?11:56 - What's the best medium for businesses?15:12 - Building trust online20:21 - Advertising to a consumer market that is less than 30% online23:04 - Will there be a time where all marketing will be digital?24:30 - Which is best overall?26:31 - Your customer cannot be everyone!This episode was produced by Gracious Sede and Chimgozirim NwokomaEmail us your feedback at podcast@techpoint.africa. Visit www.techpoint.africa for more stories.Music - Beach by MBB

This episode is also available on YouTube - https://youtu.be/M_7WVjRmTMwToday on the Techpoint Africa Podcast, Emmanuel and Chimgozirim discuss the recent happenings at African eCommerce giant, Jumia. The company announced potential layoffs, and the suspension of several products to help it reach profitability.Senior Reporter, Chimgozirim, shares insights into the moves made by the company to attain profitability, while suggesting viable solutions to their continued losses.To advertise or promote your brand, visit this link or send an email to business@techpoint.africaExplore the fintech in everything at The Fintech Summit 2022Timestamps00:00 - Intro00:33 - Gist on Jumia04:09 - Why is Jumia making losses?06:53 - Is scrapping these products the way to go?10:12 - Who's getting laid off?11:07 - What next for Jumia?12:11 - The evolution of eCommerce business models in AfricaUseful links African eCommerce giant, Jumia, to reduce staff and product offerings What the current B2B rave could mean for Africa’s struggling eCommerce sector Nonconsumption is your fiercest competition—and it’s winning This episode was produced by Ogheneruemu Oneyibo and Gracious SedeEmail us your feedback at podcast@techpoint.africa. Visit www.techpoint.africa for more stories.Music - Beach by MBB

This episode is also available on YouTube - https://youtu.be/XRdoOY8kYgYToday on the Techpoint Africa Podcast, Toba Obaniyi, Whogohost CEO, sits down with our Senior Reporter, Chimgozirim Nwokoma to discuss one of Africa's foremost web hosting companies.Obaniyi shares what they hope to achieve and the obstacles they face as they navigate the field of web hosting in the African tech space and the world at large.To advertise or promote your brand, visit this link or send an email to business@techpoint.africaExplore the fintech in everything at The Fintech Summit 2022Timestamps00:00 - Intro01:04 - We meet Toba01:11 - What was the vision for Whogohost?02:20 - Competing with AWS03:47 - What can Whogohost help you do?05:28 - Differentiating Muzu from similar products14:00 - Common platforms people tend to host14:29 - Whogohost free course on web hosting16:38 - Expansion plans19:17 - Why Nigerians prefer foreign web hosting platforms25:18 - What to do when investors pick foreigners over locals30:15 - Building customer trust and market value33:18 - What an ICANN accreditation means for customers 34:48 - Why you should use Whogohost and not foreign service providers 38:05 - Predictions for the web hosting spaceThis episode was produced by Ogheneruemu Oneyibo and Gracious SedeEmail us your feedback at podcast@techpoint.africa. Visit www.techpoint.africa for more stories.Music - Beach by MBB

This episode is also available on YouTube - https://youtu.be/EZ2Rp1tOW6Y Today on the Techpoint Africa Podcast, our Managing Editor, Emmanuel Paul, sits with our Senior Reporter, Bolu Abiodun in the studio. Bolu shares insights and his opinions on the tragic happenings with Nigerian startup, Nestcoin. He breaks down some of the facts and answers popular questions that have been asked. To advertise or promote your brand, visit this link or send an email to business@techpoint.africaExplore the fintech in everything at The Fintech Summit 2022Timestamps00:00 - Intro00:39 - A little backstory02:21 - Why did Yele keep all of Nestcoin's money with FTX?05:40 - What's being done for laid off staff?06:18 - Why keep the money in FTX and not Binance?07:33 - What has Nestcoin built so far?11:44 - Is crypto dead?Useful linksAfrican Web3 startup, Nestcoin, to commence layoffs with investments caught up in FTX crashFTX started with $200, grew to $32bn, and collapsed in 2 weeks. Here’s how it happenedThis episode was produced by Ogheneruemu Oneyibo and Gracious SedeEmail us your feedback at podcast@techpoint.africa. Visit www.techpoint.africa for more stories.Music - Beach by MBB

This episode is also available on YouTube - https://youtu.be/vT9G-a6zgqsToday on the Techpoint Africa Podcast, we have Ayowande Adalemo, Founder of Atmosphere, speaking with our Managing Editor, Emmanuel Paul.The discussion touches on the company's plan to distribute free WiFi to Nigerians, how they hope to succeed where others have failed, the motive behind this move and much more.To advertise or promote your brand, visit this link or send an email to business@techpoint.africaExplore the fintech in everything at The Fintech Summit 2022Timestamps00:00 - Intro02:11 - We meet Ayowande02:28 - Comparing Africa to the rest of the world04:13 - What is Atmosphere?05:55 - How do you make a profiatble business with free WiFi?07:44 - Why have others failed with free WiFi?11:38 - Home or public places? 15:19 - Isn't this competition for telcos?17:42 - Won't the ads be annoying?19:51 - How do you reach people without smart devices?21:36 - Solving the lack of infrastructure problem25:19 - Getting government funding31:29 - What's the future of infrastructure building in Nigeria?35:36 - Will there be room for local players?38:13 - Navigating the cost of deploying infrastructure40:53 - Collaboration between the private and public sector in Nigeria47:07 - What is the value Atmosphere is bringing?48:21 - When is Atmosphere coming?Useful linkPublic Internet access as a means to deepening Internet penetration in NigeriaThis episode was produced by Ogheneruemu Oneyibo and Gracious SedeEmail us your feedback at podcast@techpoint.africa. Visit www.techpoint.africa for more stories.Music - Beach by MBB

This episode is also available on YouTube - https://youtu.be/iX53hzW7rqc Today on the Techpoint Africa Podcast, our reporters discuss and share insights on some of the trending stories in the African tech space. The stories: Jumia aiming for more profits Meta to layoff 11,000 staff Binance-FTX brouhaha Twitter drama To advertise or promote your brand, visit this link or send an email to business@techpoint.africa Explore the fintech in everything at The Fintech Summit 2022 Timestamps 00:00 - Intro 02:10 - Jumia's CEOs step down 11:07 - Meta lays off 11,000 employees 24:23 - Binance and FTX 43:12 - The government of an Elon Musk-run Twitter Useful links Jumia’s founders step down Meta to lay off 11,000 employees Binance agrees to acquire FTX Binance backs out of FTX rescue, leaving the crypto exchange on the brink of collapse Twitter recalls some staff; former CEO apologizes for layoffs Drama Unfolding at Twitter: What’s the update? Layoff Convos #2: How companies decide who to lay off. Looking deeper at 54gene, Wave and SWVL This episode was produced by Ogheneruemu Oneyibo and Gracious Sede Email us your feedback at podcast@techpoint.africa. Visit www.techpoint.africa for more stories. Music - Beach by MBB

This episode is also available on YouTube - https://youtu.be/qBDiSkXuTFMToday on the Techpoint Africa Podcast, our Senior Editor, Oluwanifemi Kolawole sits down with Dolapo Agbede, Diversity, Equity and Inclusion (DEI) Expert, Transitions Coach and tech enthusiast. The two talk about how local employers can forestall talent loss and react to make sure organisation runs hitch free when their employees move on.To advertise or promote your brand, visit this link or send an email to business@techpoint.africaExplore the fintech in everything at The Fintech Summit 2022Timestamps00:00 - Intro03:09 - We meet Dolapo04:10 - Are more senior professionals leaving?12:15 - But won't the juniors you train also leave?15:31 - Typical reaction of employers when talent migrate18:52 - Why do companies have a high churn rate?23:22 - How long should you stay in a company?28:56 - How can African companies compete with global companies for talent?Useful linkWith less than 0.1% of workers migrating, Nigeria’s brain drain problem is an exaggerated case of talent migration This episode was produced by Ogheneruemu Oneyibo and Gracious SedeEmail us your feedback at podcast@techpoint.africa. Visit www.techpoint.africa for more stories.Music - Beach by MBB

This episode is also available on YouTube - https://youtu.be/38pkAleHowUToday on the Techpoint Africa Podcast, our Managing Editor, Emmanuel Paul sits with Joachim Macebong, Senior Analyst for Governance at Stears to discuss how technology can help in ensuring free and fair elections and the role data collection and sharing plays.Among other things, Macebong shares insights on how proper data can help shape the tone of the electorate and curb electoral apathy and distrust among citizens in the electoral process.To advertise or promote your brand, visit this link or send an email to business@techpoint.africaExplore the fintech in everything at The Fintech Summit 2022Timestamps00:00 - Intro02:24 - We meet Joachim02:54 - How much technology is Nigeria using in elections07:18 - Is Nigeria ready to embrace technology usage in elections10:08 - Stears first election monitoring platform14:53 - How the platform works22:10 - Dealing with Nigeria's data gathering issues26:02 - Can the private sector help?29:18 - The convoluted registration and collection process34:53 - Disseminating data in an understandable fashion39:31 - Africa's future elections and data45:14 - Live polls monitoringUseful linkStears election monitoring platformThis episode was produced by Ogheneruemu Oneyibo and Gracious SedeEmail us your feedback at podcast@techpoint.africa. Visit www.techpoint.africa for more stories.Music - Beach by MBB

This episode is also available on YouTube - https://youtu.be/BzD_uvywHREToday on the Techpoint Africa Podcast, we discuss some of the hot topics in the African tech space.The stories: Elon buys Twitter and issues new order Follow up on 54gene AWS announces its second office in Lagos NITDA signs Code of Practice for Interactive Computer Service Platforms/Internet Intermediaries SmallSmall's pivot To advertise or promote your brand, visit this link or send an email to business@techpoint.africaExplore the fintech in everything at The Fintech Summit 2022 Timestamps00:00 - Intro02:43 - Elon Musk's Twitter drama09:41 - 54gene lays off staff15:09 - AWS launches in Lagos23:16 - NITDA's new Code of Practice37:22 - Rent SmallSmall and asset financingUseful links Twitter could start verifying users for $20 monthly African genomics startup, 54gene, lays off 100 employees following founder’s resignation Amazon Web Services launches office in Lagos, Nigeria NITDA Draft Code for Interactive Computer Service Platforms and Internet Intermediaries A case challenging Uganda’s Computer Misuse Act If you want a free and open Internet, pay attention to Nigeria’s role with this relatively unknown UN agency Nigerian proptech startup, SmallSmall, raises a $3 million seed to drive local expansion This episode was produced by Ogheneruemu Oneyibo and Gracious SedeEmail us your feedback at podcast@techpoint.africa. Visit www.techpoint.africa for more stories.Music - Beach by MBB

Today on the Techpoint Africa Podcast, we sit with Dr Ayoola Olusola, Founder and Lead Researcher at Robotics and Artificial Intelligence Nigeria (RAIN), to discuss the deep tech space.From how he built a drone that can detect terrorists through carbon emissions to moveable traffic lights that don't need traffic police, Olusola walks us through the hows, whys, and challenges of the space.To advertise or promote your brand, visit this link or send an email to business@techpoint.africaExplore the fintech in everything at The Fintech Summit 2022Timestamps00:00 - Intro01:18 - We meet Ayoola05:01 - How does a drone detect terrorists through carbon emissions07:55 - Building with limited resources16:16 - Why is deep tech being neglected?20:42 - Software's role in deep tech26:01 - How much funding is needed?30:29 - Working with the government and other RAIN projects36:23 - When will all these projects be deployed?38:38 - Money is not a limitation 40:05 - How to get into deep tech This episode was produced and edited by Ogheneruemu OneyiboEmail us your feedback at podcast@techpoint.africa. Visit www.techpoint.africa for more stories.Music - Beach by MBB

Today on the Techpoint Africa Podcast, we discuss some of the hot topics in the African tech space.The stories: 54gene CEO steps down 2 months after the company laid off 30% of its workforce Customer gets ruling against MTN for misleading advert Kloud Commerce unfolding saga Nigerian Central Bank to redesign naira notes CBN plans to launch a national ATM card To advertise or promote your brand, visit this link or send an email to business@techpoint.africaExplore the fintech in everything at The Fintech Summit 2022Timestamps00:00 - Intro01:43 - Nigeria's brain drain problem17:44 - 54gene CEO steps down23:55 - Customer gets ruling against MTN South Africa over misleading ad27:06 - Kloud Commerce shuts down35:14 - CBN to redesign naira notes43:34 - CBN's national card schemeUseful links With less than 0.1% of workers migrating, Nigeria’s brain drain problem is an exaggerated case of talent migration Intelligence by Techpoint data on immigration Tibu Health is bringing world-class healthcare to Kenyan doorsteps 54gene co-founder and CEO steps down one month after co-founder VP of engineering left the company Customer gets ruling against MTN for misleading advert Investors Seek Legal Recourse After Founder Trouble Kills Kloud Commerce Unverified Kloud Commerce statement denies allegations of financial impropriety; says they are unfounded rumours by a SAFE investor Emefiele’s full speech: Why CBN is redesigning Naira notes The CBN wants to create ATM cards, could compete with Mastercard, Visa, and Verve This episode was produced by Ogheneruemu Oneyibo and Gracious SedeEmail us your feedback at podcast@techpoint.africa. Visit www.techpoint.africa for more stories.Music - Beach by MBB

Today on the Techpoint Africa Podcast, our Senior Editor, Oluwanifemi Kolawole speaks with Olawale Osoba, Economist and Management Consultant, to discuss the recent trend of emigration by Nigerian talents. The discussion addresses the question "is there a brain drain problem in Nigeria" and is the first in a series. To advertise or promote your brand, visit this link - https:/techpoint.africa/advertise or send an email to business@techpoint.africa Explore the fintech in everything at The Fintech Summit 2022 - https://techpoint.africa/2022/08/18/explore-the-fintech-in-everything-at-the-fintech-summit-2022 Timestamps 00:00 - Intro 03:33 - We meet Olawale 04:36 - Nigerian companies have global competition for labour 06:43 - Is this the employer's fault? 09:53 - People are leaving, but people are coming in 13:51 - Why people are leaving 21:41 - Nigeria is not unfit to live in 23:39 - The different sides of the problem 28:05 - The problem and the solution This episode was produced by Ogheneruemu Oneyibo and Gracious Sede Email us your feedback at podcast@techpoint.africa. Visit www.techpoint.africa for more stories. Music - Beach by MBB - https://www.youtube.com/watch?v=dEnQ8dHwDSk

Today on the Techpoint Africa Podcast, we sit with Uche Anisiuba, 3D Generalist and CEO Quadron Studios and one of the talents behind the visual effects (VFX) in the Nollywood screenplay, Aníkúlápó.We discuss his journey through the VFX field, humble beginnings, the challenges of the industry, predictions/expectations for the future and much more.To advertise or promote your brand, visit this link or send an email to business@techpoint.africaExplore the fintech in everything at The Fintech Summit 2022Timestamps 00:00 - Intro01:34 - We meet Uche02:40 - What is VFX04:13 - How he got into VFX10:12 - Going viral in 2020 and other works12:03 - Why the Nigerian VFX industry is the way it is17:56 - Why do VFX in Nigeria21:51 - Uche's VFX role in Aníkúlápó27:09 - How long it took to do the Aníkúlápó VFX29:26 - How challenging was Aníkúlápó?31:05 - How long it took to research for the movie32:41 - Favourite part of working on the movie33:48 - Why there is a talent deficit in the Nigerian VFX industry38:26 - Device he used for the Aníkúlápó movie40:29 - Years of experience43:02 - Lessons learnt Useful link How a 3D visual effects video of a drone delivering a carton of Indomie fooled the internet This episode was produced by Gracious Sede and Bolu AbiodunEmail us your feedback at podcast@techpoint.africa. Visit www.techpoint.africa for more stories.Music - Beach by MBB

Today on Techpoint Africa Podcast, we discuss the meaning of an Internet country with Afropolitan CEO and Co-founder, Eche Emole.Among other things, we discuss the need for a new African state, what a digital nation means and whether it is achievable.To advertise or promote your brand, visit this link or send an email to business@techpoint.africaExplore the fintech in everything at The Fintech Summit 2022Timestamps00:00 - Intro00:39 - We meet Eche01:35 - What is Afropolitan?02:17 - Why do we need a digital nation?05:46 - Afropolitan's timeline 13:06 - Life as an Afropolitan 15:36 - Is starting a new country realistic?20:16 - What does an Afropolitan look like?25:44 - Leadership structure for Afropolitan and the human factor34:21 - Ensuring VCs don't hijack Afropolitan39:08 - How to get Afropolitan recognised globally44:35 - How is a network state different from a charter city?46:21 - Building a network state is not easy47:55 - What are the challenges you envisaged?This episode was produced by Ogheneruemu Oneyibo and Gracious SedeEmail us your feedback at podcast@techpoint.africa. Visit www.techpoint.africa for more stories.Music - Beach by MBB

Today on the Techpoint Africa Podcast, we discuss some of the hot topics in the African tech space.The stories: Argentine footballer, Lionel Messi goes into tech Petitioners bring a case against Ugandan Computer MisUse (Amendment) Act Nigerian Startup Bill passed into Law Lagos State to start venture capital fund To advertise or promote your brand, visit this link or send an email to business@techpoint.africaExplore the fintech in everything at The Fintech Summit 2022Timestamps02:05 - Lionel Messi goes into tech07:24 - Uganda's Computer Misuse (Amendment) Act 15:56 - Nigerian Startup Bill is now an Act34:57 - Lagos State to start venture capital fundUseful links Soccer legend Lionel Messi plans to get into tech investing via a new Silicon Valley holding company A case challenging Uganda’s Computer Misuse Act Uganda’s President, Yoweri Kaguta Museveni, signs the Computer Misuse (Amendment) Bill into law Everything you need to know about Nigeria’s Social Media Bill and what you can do about it Nigeria’s President signs startup bill into law: Here’s what it means for tech companies, investors, and employees Lagos State Governor is planning to launch its venture capital fund This episode was produced by Ogheneruemu Oneyibo and Gracious SedeEmail us your feedback at podcast@techpoint.africa. Visit www.techpoint.africa for more stories.Music - Beach by MBB

This episode is also available on YouTube - https://youtu.be/__sA8e797bE Today on the Techpoint Africa Podcast, our Senior Reporter Chimgozirim Nwokoma sits down with the CEO and Co-founder of CDcare, Oluwatobi Odukoya.The two discuss the intricacies of the Buy Now, Pay Later (BNPL) boom in Nigeria, CDcare's role in it, the challenges BNPL companies face and their plans for the future.To advertise or promote your brand, visit this link or send an email to business@techpoint.africaExplore the fintech in everything at The Fintech Summit 2022Timestamps00:00 - Intro01:26 - We meet Tobi03:02 - Why did you start CDcare?06:35 - Why this particular model?08:50 - Why is BNPL becoming the in thing?10:25 - Benefits of BNPL for both buyer and seller11:56 - Why can you pay up to 12 months?15:49 - CDcare for cars17:45 - Most purchased products19:23 - How should BNPL be regulated?25:36 - Is BNPL applicable across board?31:07 - Is there an opportunity for a centralised credit bureau?35:26 - Thoughts on competition40:24 - How has CDcare overcome trust issues?43:00 - Does CDcare have plans to provide a financial savings feature?46:27 - Thoughts on B2B credit48:01 - Challenges54:06 - How a customer tried to scam CDcare57:46 - Exchanging information about defaultersUseful linkCDcare’s buy and “pay small small” model wants to fix Nigeria’s shaky credit cultureThis episode was produced by Ogheneruemu Oneyibo and Gracious SedeEmail us your feedback at podcast@techpoint.africa. Visit www.techpoint.africa for more stories.Music - Beach by MBB

Today on the Techpoint Africa Podcast, we discuss some of the hot topics in the African tech space.The stories: Owing salaries in Nigeria could become a crime Google partnering with Coinbase to accept crypto as payment for cloud services Namibia to get central bank digital currency NALA launches a new product that allows the Kenyan diaspora to pay bills on M-PESA To advertise or promote your brand, visit this link or send an email to business@techpoint.africaExplore the fintech in everything at The Fintech Summit 2022Timestamps00:00 - Intro01:30 - Owing salaries in Nigeria11:01 - Google to start accepting cryptocurrency for cloud services18:30 - Namibia is launching a central bank digital currency30:11 - Kenyan diaspora can now pay for bills directlyUseful links Owing salaries is about to become a crime in Nigeria Google will start accepting crypto payments for its cloud services next year Namibian Central Bank Announces Plan to Launch CBDC Tanzanian fintech, NALA, launches a new feature for Kenyan diaspora customers This episode was produced by Ogheneruemu Oneyibo and Gracious Sede Email us your feedback at podcast@techpoint.africa. Visit www.techpoint.africa for more stories.Music - Beach by MBB

Last week, Nigeria's advertising regulator, Advertising Regulatory Council of Nigeria sued Meta for $70 million.On today's Techpoint Africa Podcast, Emmanuel and Timi Olagunju, Tech Lawyer and Policy Consultant discuss this, including the implications, if this is politically motivated, who should control social media, among other things.To advertise or promote your brand, visit this link or send an email to business@techpoint.africaExplore the fintech in everything at The Fintech Summit 2022Timestamps00:00 - Intro02:42 - We meet Timi03:29 - First thoughts on the lawsuit 10:00 - Is it legal to discuss the lawsuit?10:45 - Should ads be vetted?15:31 - Why is the focus on Meta?20:21 - Should we take this seriously?21:48 - Is this politically motivated?27:14 - Who should control social media?34:33 - Can a balance between government and businesses' needs be achievable?38:22 - How to entice big tech companies 41:42 - Isn't the government being protective of its citizens?43:35 - How to prevent things like thisUseful links Cambridge Analytica Nigeria: The story so far 271,000 Nigerians were affected by the Cambridge Analytica data breach Nigerian advertisers can no longer use foreign models and voice-over artists, and there’s more to come This episode was produced by Ogheneruemu Oneyibo and Bolu AbiodunEmail us your feedback at podcast@techpoint.africa. Visit www.techpoint.africa for more stories.Music - Beach by MBB - https://www.youtube.com/watch?v=dEnQ8dHwDSk

Today on the Techpoint Africa Podcast, we discuss the hot topics in the African tech space.The stories: Nigeria's central bank debits banks Google to launch its first African Cloud region in South Africa Increased Uber fares in Lagos Nigerian government sues Meta Nigeria's re-election to the International Telecommunications Union (ITU) To advertise or promote your brand, visit this link or send an email to business@techpoint.africaExplore the fintech in everything at The Fintech Summit 2022Timestamps01:09 - Nigeria's central bank debits banks09:38 - Google to launch its first African Cloud region in South Africa19:30 - Uber fares to increase in Lagos23:40 - Nigerian government sues Meta29:28 - Nigeria re-elected to the International Telecommunications Union (ITU)Useful links Why is Nigeria’s central bank debiting commercial banks? Google to launch its first African Cloud region in South Africa Uber fares in Lagos are about to increase by 18% FG sues Mark Zuckerberg’s Meta over adverts, demands N30bn If you want a free and open Internet, pay attention to Nigeria’s role with this relatively unknown UN agency 11 critical questions on the leaked NITDA bill; a tussle for more power? Everything you need to know about Nigeria’s Social Media Bill and what you can do about it Nigeria plans to regulate online platforms Nigerian broadcasting agency seeks to regulate exclusive/original local content on Netflix, iROKOtv, PayTV This episode was produced by Ogheneruemu Oneyibo and Michael MadumereEmail us your feedback at podcast@techpoint.africa. Visit www.techpoint.africa for more stories.Music - Beach by MBB

Today on the Techpoint Africa Podcast, our Managing Editor, Emmanuel sits down with Emmanuel Gbolade, Co-founder and CEO of communication startup, Termii to discuss customer service in today's digital world, especially in the fintech space. They discuss the role of third parties in service delivery, customer communication, the need for a strong and implementable support system, and some of Termii's plans for consumers. To advertise or promote your brand, visit this link or send an email to business@techpoint.africaExplore the fintech in everything at The Fintech Summit 2022 Timestamps00:00 - Intro01:53 - We meet Termii and Emmanuel06:59 - Termii, but for the everyday person 09:57 - How to retain and communicate better with customers 17:50 - Behind the scenes of a communication downtime24:21 - How do you handle customer support training26:34 - Dealing with a large customer base32:05 - Lessons from building in silence35:40 - Who Termii works with39:39 - What you're doing wrong in customer supportUseful links From Lagos to San Francisco: Emmanuel Gbolade’s journey building Termii Termii Elevate 1.0 Conference — Scaling with stellar communication technologies This episode was produced by Ogheneruemu Oneyibo and Gracious SedeEmail us your feedback at podcast@techpoint.africa. Visit www.techpoint.africa for more stories.Music - Beach by MBB - https://www.youtube.com/watch?v=dEnQ8dHwDSk

Today on the Techpoint Africa Podcast, we look at some of the trending stories in the African tech space this week.The stories: Over 2000 Nigerian investors petitioned Kenyan High Court Lagos State Safety Commission scraping plans for co-working spaces and tech hubs safety audit Ghana could generate $4.8 billion from lithium mining in 12 years To advertise or promote your brand, visit this link or send an email to business@techpoint.africaExplore the fintech in everything at The Fintech Summit 2022 Timestamps00:00 - Intro01:51 - Nigerian investors petition Kenyan courts13:02 - Lagos co-working space safety audit23:25 - Atlantic Lithuim's mining licence in GhanaUseful links Over 2,000 Nigerian investors petitioned Kenyan courts to release $11.8 million Lagos co-working spaces and tech hubs to pay ₦150,000 for safety audit Atlantic Lithium obtains exploration licence for Ghana project This episode was produced by Ogheneruemu Oneyibo and Gracious SedeEmail us your feedback at podcast@techpoint.africa. Visit www.techpoint.africa for more stories.Music - Beach by MBB

Today on the Techpoint Africa Podcast, Ogheneruemu steps out from behind the camera and sits down with ShopEx's Country Manager, Olajumoke Kujero and Head of Marketing, Oyindamola Olaniyan.The three discuss Nigeria's — and possibly West Africa's — first teleshopping company, ShopEx. They share their wins, challenges, effects of their target audience on their approach, and plans for the future.To advertise or promote your brand, visit this link or send an email to business@techpoint.africaExplore the fintech in everything at The Fintech Summit 2022 Timestamps 00:00 - Introduction02:25 - We meet Ola and Oyin03:38 - What is teleshopping?08:42 - Shooting 3-minute infomercials12:20 - Why teleshopping?17:06 - Infusing buy now, pay later in teleshopping26:38 - Is eCommerce dead?30:39 - How the Russia-Ukraine conflict is affecting ShopEx33:46 - Life since a $635,000 raise37:53 - Shooting 15-minute infomercials 43:04 - Why change infomercial strategy and how will it affect ShopEx?47:09 - Why not just have a dedicated channel?49:14 - Overcoming challenges 55:38 - Regulating the eCommerce space in Nigeria 58:21 - Dealing with competition59:56 - The future of ShopEx01:04:09 - Would live-streaming social commerce solve trust issues?Useful links Nigeria’s ShopEX raises $635,000 to build the QVC of Africa Nigerian advertisers can no longer use foreign models and voice-over artists, and there’s more to come Jumia and Zipline may succeed with drone deliveries where Amazon and DHL failed This episode was produced by Bolu Abiodun and Gracious SedeEmail us your feedback at podcast@techpoint.africa. Visit www.techpoint.africa for more stories.

Today on the Techpoint Africa Podcast, we discuss some of the happenings in the African tech space this week. The stories: Kuda 602% loss in 2021 Uber gets hacked by an 18-year old First bank scraps dollar transactions with its naira card Nedbank joins MTN in the metaverse To advertise or promote your brand, visit this link or send an email to business@techpoint.africaFollow this link to download the Whistle app on the Google Play StoreExplore the fintech in everything at The Fintech Summit 2022 Build a solution for Africa’s financial woes and stand a chance to win $5,000 Timestamps00:00 - Introduction00:23 - Kuda 602% loss in 202109:56 - 18-year old hacks Uber 15:04 - First bank scraps dollar transactions on naira card25:28 - Nedbank joins MTN in the metaverseUseful links Kuda’s loss increased by 602%, from $2m in 2020 to $14m in 2021 18-year-old breaks into Uber’s internal systems, said the ride-hailing giant has weak security Why your employees, not firewalls, should be your first line of defence against cyberattacks The shocking truth about Nigerian email scams You can no longer shop on foreign websites with your First Bank naira card One of South Africa’s largest banks, Nedbank, joins MTN in the metaverse This episode was produced by Ogheneruemu Oneyibo and Gracious SedeEmail us your feedback at podcast@techpoint.africa. Visit www.techpoint.africa for more stories.

Today on the Techpoint Africa Podcast, Bolu sits down with Michael Mandela Oniemola, VP, Business Compliance and Government Relations, Autochek to discuss electric vehicles (EVs) and car financing in NigeriaSome highlights: Nigeria's readiness for EVs Possible obstacles The impact of the economic downturn on the automobile industry To advertise or promote your brand, visit this link or send an email to business@techpoint.africaFollow this link to download the Whistle app on the Google Play StoreExplore the fintech in everything at The Fintech Summit 2022Timestamps 00:00 - Introduction01:22 - We meet Michael02:57 - First thoughts on Nigeria's partnerships to manufacture EVs04:07 - Is Nigeria ready for EVs?07:04 - Can Nigerians actually avoid EVs?11:57 - Can Autochek finance EVs13:31 - Has there been a reduction in vehicle purchases17:06 - How do Autochek interest rates work?21:49 - How Autochek makes money22:33 - Speaking on Autochek's acquisitions25:59 - Customer behaviour in the different Autochek markets 28:32 - Solving the problem of trust32:28 - Challenges unique to Autochek33:43 - Is there a demand for EVs? 37:09 - Aren't our local manufacturers good enough for the government to partner with?Useful links Nigeria signs MOU with foreign partners to manufacture electric vehicles, but local manufacturers say the country may not be ready for EVs Nigeria’s Siltech produces electric vehicles, for a clean and elegant Africa Building Africa’s Tesla: Can JET Motor Company accelerate the adoption of electric vehicles in Africa? This episode was produced by Ogheneruemu Oneyibo and Gracious SedeEmail us your feedback at podcast@techpoint.africa. Visit www.techpoint.africa for more stories.

Today on the Techpoint Africa Podcast, we discuss the hot topics and happenings in Africa's tech space.Today's stories: Capiter laid off 100 employees, the company's CEO and COO Fundraising trends in Africa Brazilian unicorn, EBANX's expansion to Africa The Kenyan Assets Recovery Agency dropped money laundering charges against three Nigerian companies To advertise or promote your brand, visit this link or send an email to business@techpoint.africaFollow this link to download the Whistle app on the Google Play Store Explore the fintech in everything at The Fintech Summit 2022 Timestamps 00:00 - Introduction05:42 - Egyptian startup Capiter fires CEO and COO11:29 - Fundraising trends in Africa14:42 - Brazilian unicorn, EBANX expands to Africa21:41 - Kenya's Asset Recovery Agency drops money laundering charges against Nigerian companies Useful links Capiter’s founders are relieved of their positions for allegedly mismanaging funds, and the company lays off 100 employee Layoff Convos: What you should know Brazilian payments fintech company, EBANX, expands into Africa Kenya’s Asset Recovery Agency drops money laundering charges against Nigerian companies This episode was produced by Ogheneruemu Oneyibo and Gracious SedeEmail us your feedback at podcast@techpoint.africa. Visit www.techpoint.africa for more stories.

Today on the Techpoint Africa Podcast we discuss how to enable a cashless economy in Africa, using Lagos, Nigeria as an example. Our guests, Co-founders of Touch and Pay (TAP), Afolabi Olamide (CEO) and Micheal Oluwole (Chief Growth Officer), explain how a single card could disrupt the future of payments, starting with the Lagos transport system.To advertise or promote your brand, visit this link or send an email to business@techpoint.africaFollow this link to download the Whistle app on the Google Play Store Explore the fintech in everything at The Fintech Summit 2022 Timestamps 00:00 - Intro00:20 - We meet Olamide and Michael 02:47 - What Touch and Pay (TAP) is06:25 - How TAP has evolved over time10:24 - How this can help financial inclusion17:33 - Are there enough people using this solution?24:12 - Is this payment solution scalable to all forms of transportation?28:03 - Let's talk numbers29:53 - Will this work with other transactions?35:19 - Why use a Cowry card when you have other options?40:30 - What are the biggest challenges in payments in Nigeria?46:04 - How has adoption been like?48:58 - What's the future for this? Useful linkHow Touch and Pay (TAP) got 1.5 million Lagosians to adopt cashless bus rides This episode was produced by Ogheneruemu Oneyibo and Gracious SedeEmail us your feedback at podcast@techpoint.africa. Visit www.techpoint.africa for more stories.

Today on the Techpoint Africa Podcast, we do a rundown of some of this week's news in the tech space, with Oluwanifemi, Emmanuel, and Bolu as our hosts. Some highlights: Apple iPhone 14 event Nigerian government's suspension of 5% excise duty on all telco services Y Combinator's S22 Demo Day Jumia's partnership with Zipline to use drones to deliver in Ghana To advertise or promote your brand, visit this link or send an email to business@techpoint.africaFollow this link to download the Whistle app on the Google Play StoreExplore the fintech in everything at The Fintech Summit 2022 Timestamps 00:00 - Intro 02:36 - Apple iPhone 14 event 09:46 - Nigerian government suspends 5% excise duty on data, calls, and SMS 17:00 - Google's Startups Black Founders Fund 19:22 - YCombinator's S22 Demo Day 26:55 - Jumia using Zipline drones for deliveries in Ghana Useful links Here’s everything Apple just announced at its iPhone 14 event The Nigerian federal government has suspended the 5% excise duty on telecommunications Nigerians to pay more on calls, SMS and data Google has selected 60 African startups for its second Startups Black Founders Fund (BFF) cohort, with 23 Nigerian and 12 Kenyan grantees Discover fintech products that can help you build wealth before retirement at The Fintech Summit 2022 YC S22 Virtual Demo Day Some insights on Y Combinator's S22 Demo Day from Intelligence by Techpoint Jumia is using Zipline’s automated drones for deliveries in Ghana This episode was produced by Oghenerumu Oneyibo and Gracious Sede Email us your feedback at podcast@techpoint.africa. Visit www.techpoint.africa for more stories.

Today on the Techpoint Africa Podcast, we discuss the Nigerian insurance industry with the CEO and Founder of pay-as-you-use insurtech startup, Pay-U, Temitope Adeyemi.Some highlights: Why are businesses in the insurance sector not growing? Why Nigerians rarely use insurance A possible solution and if tech can help. To advertise or promote your brand, visit this link or send an email to business@techpoint.africaFollow this link to download the Whistle app on the Google Play StoreExplore the fintech in everything at The Fintech Summit 2022 Timestamps 00:00 - Intro02:15 - We meet Temitope 03:20 - The state of insurance in Nigeria05:22 - Why you should care about insurance 08:22 - Can you roll over your premium? 12:21 - Is there truly a market for pay-as-you-use insurance 20:33 - How can tech drive insurance penetration27:55 - Who are regulators in the insurance space and can they help improve trust?34:27 - Why should legacy insurance companies change their modelUseful link How technology can play a crucial role in capturing the untapped insurance market This episode was produced by Oghenerumu Oneyibo and edited by Múyìwá MátùlúkòEmail us your feedback at podcast@techpoint.africa. Visit www.techpoint.africa for more stories.

This episode is also available on YouTube - https://www.youtube.com/watch?v=nV_uNYz6GTY As you might have noticed, today's Techpoint Africa Podcast is a little — well more like a lot — different. Last Thursday in the studio, we discussed MTN launching the 5G network in Nigeria. This week, we travelled down to the company's headquarters in Lagos, Nigeria to talk with Adia Sowho, Chief Marketing Officer, MTN Nigeria.If you have questions like whether you'll pay more for data or be able to exchange your 4G router for the 5G router then you should listen to/watch this. We also talked about the potential use cases for 5G and how it could be a gateway for more financial inclusion. Timestamps00:00 - Intro01:07 - We meet Adia02:44 - What 5G is04:27 - What you can expect with 5G05:36 - Betting big on 5G in Nigeria07:13 - Usecases for 5G10:59 - Where you can get 5G 13:15 - Why those specific locations?14:08 - Dealing with vandals and protecting infrastructure16:13 - Would 5G help increase Nigeria's broadband penetration?16:52 - Can you exchange your 4G router for a 5G router?17:27 - Will you pay more for data?20:36 - The 5G rollout does not affect your 4G network21:16 - Does 5G have a negative health impact?24:04 - MTN's plans to "own the home"27:10 - Can the average Nigerian afford this realistically?28:15 - Will you get unlimited Internet?30:13 - How does this tie in with MTN's overall strategy?34:48 - Final wordsUseful links What you must know as MTN starts rolling out 5G in Nigeria 4 things we learnt from MTN Nigeria’s 5G demo 11 burning questions about 5G answered MTN is rolling out its new 5G network across Nigeria. We talked about some of the places you can find it This episode was produced and edited by Damola OlubajoEmail us your feedback at podcast@techpoint.africa. Visit www.techpoint.africa for more stories.

This episode is also available on YouTube - https://youtu.be/3ltkVytZfZs Today on the Techpoint Africa Podcast, we discuss layoffs by companies within and outside the tech space. Tech human resources expert, Wenyimi Barber walks us through: 1. What to expect in the coming days,2. How to protect yourself from being laid off,3. How to tell your employees they are being let go,4. The effect layoffs have on both employer and employee, among other things. To advertise or promote your brand, visit this link or send an email to business@techpoint.africa Follow this link to download the Whistle app on the Google Play Store. Explore the fintech in everything at The Fintech Summit 2022 Timestamps00:00 - Introduction03:31 - Why are tech startups laying off employees?10:36 - Was this inevitable?11:51 - What could have been done to cushion the effect?14:28 - Other alternatives to layoffs18:10 - Making the decision to downsize20:22 - Can you avoid been laid off?21:10 - Case study: Strategies Xiaomi's HR person could have taken when downsizing22:27 - How to diplomatically tell an employee that they are been laid off25:17 - What severance packages are27:09 - How to handle the stigma as a company 30:42 - Is there a respite in view?34:21 - Who comes out as the "winner" at the end?36:02 - What causes talent churn? Useful links Softcom’s Weyinmi Barber is making HR desirable one startup at a time Kenyan startup, Marketforce, lays off 9% of its workforce A troubling startup layoff trend has emerged Post-pandemic rebound: Why businesses must weigh the cost of layoffs The reality of corporate layoff dawns on Xiaomi as 900 of its employees become jobless This episode was produced by Ogheneruemu Oneyibo and edited by Múyìwá MátùlúkòEmail us your feedback at podcast@techpoint.africa. Visit www.techpoint.africa for more stories.

This episode is also available on YouTube - https://youtu.be/QFWhJiubC10 Today on the Techpoint Africa Podcast, we welcome back an old face that has been behind the camera as we give you the weekly roundup on African tech news. We discussed MTN rolling out the Fifth Generation (5G) network in selected places in Nigeria, the Tanzanian government installing Internet service on Kilimanjaro, the Advertising Regulatory Council of Nigeria's (ARCON) ban, and the Google Wallet launch in South Africa. To advertise or promote your brand, visit this link or send an email to business@techpoint.africa Follow this link to download the Whistle app on the Google Play Store. Explore the fintech in everything at The Fintech Summit 2022 Timestamps 00:05 - Introduction 03:04 - MTN rolls out 5G in Nigeria 10:25 - Tanzanian government launches Internet on Kilimanjaro 18:00 - Google Wallet is now in South Africa Useful links What you must know as MTN starts rolling out 5G in Nigeria 4 things we learnt from MTN Nigeria’s 5G demo 11 burning questions about 5G answered There’s now super-fast Internet on Kilimanjaro, but it’s useless to millions of Tanzanians living miles below Nigerian advertisers can no longer use foreign models and voice-over artists, and there’s more to come Google’s mobile payment system, Google Wallet, is now available in South Africa This episode was produced by Gracious Sede and edited by Múyìwá Mátùlúkò Email us your feedback at podcast@techpoint.africa. Visit www.techpoint.africa for more stories.

The creator economy recorded a 550% growth between 2016 and 2020. Today on the Techpoint Africa Podcast, we discussed what this could mean for Africa and African creatives. Joining our host, Oluwanifemi, in the studio, was Femi Taiwo CEO, TERAWORK and Douglas Kendyson, CEO Selar. Both guests shared insights as to what Africa stands to gain from the creator economy, the challenges African creators face, and possible solutions to these challenges. To advertise or promote your brand, visit this link or send an email to business@techpoint.africa Follow this link to download the Whistle app on the Google Play Store. Timestamps 00:00 - Introduction 04:00 - What is the creator economy? 11:55 - How are African creatives contributing to the creator economy boom? 18:15 - Is being unique truly a selling point? 26:55 - What Africa benefits from the creator economy 29:48 - Hurdles to enjoying the creator economy boom 34:45 - Why creators should choose TERAWORK/Selar Useful links Nigerian freelance startup, TERAWORK is providing growth opportunities for African offline professionals With 17k users and $270k in revenue, Selar wants to build the passion economy of Africa Explore the fintech in everything at The Fintech Summit 2022 Funding a booming creator economy in Africa This episode was produced by Ogheneruemu Oneyibo and edited by Múyìwá Mátùlúkò Email us your feedback at podcast@techpoint.africa. Visit www.techpoint.africa for more stories.

This episode is also available on YouTube - https://youtu.be/_N-WQCCmSK4 Today's podcast was choke-full of news and the editorial team definitely had a lot to say. From The Nigeria Data Protection Bureau's investigation of Philps Consulting and UBA to the Nigeria Inter-Bank Settlement Systems (NIBBS) report on an increase in e-payment transactions to YouTube plans to launch a streaming marketplace and Signal's privacy breach, today's episode was packed. To advertise or promote your brand, visit this link or send an email to business@techpoint.africa Follow this link to download the Whistle app on the Google Play Store Timestamps 1:31 - Nigeria Data Protection Bureau investigates United Bank for Africa 14:57 - E-payment transactions increase by 40% in Nigeria 24:05 - YouTube plans to launch a streaming marketplace 29:00 - Bolt no longer offers personal rides in Tanzania 32:27 - 1,900 Signal users exposed to data breach Useful links The Bureau investigates UBA Fraud, Ponzi Schemes and Terror Financing: A Story About Banking In Nigeria What exactly does Truecaller do with your data? A hacker’s deep dive E-payment transactions grow by 40% to ₦205.4trn in H1 2022- NIBSS report Why you should care about the Nigeria Startup Bill YouTube 'advances plans to launch streaming video marketplace' Bolt now serves only corporate customers in Tanzania Signal says 1,900 users’ phone numbers exposed by Twilio breach Data privacy is a myth, Facebook is the scapegoat With privacy fears, yet numerous benefits, WhatsApp users face the Hedgehog’s Dilemma This episode was produced by Ogheneruemu Oneyibo and edited by Múyìwá Mátùlúkò Email us your feedback at podcast@techpoint.africa. Visit www.techpoint.africa for more stories.

Today on the Techpoint Africa Podcast we discussed the intricacies of the blockchain business and cryptocurrency's development and progress in Africa and Nigeria. Joining us in the studio was Ezekiel Ojewunmi, Marketing and Communications Lead, Quidax, giving insights into the reasons for the current downturn in the crypto market. To advertise or promote your brand, visit this link or send an email to business@techpoint.africa Follow this link to download the Whistle app on the Google Play Store Timestamps 00:05 - Introduction01:38 - Meet today's guest, Ezekiel Ojewunmi, Marketing and Communications Lead, Quidax04:00 - How Quidax is holding up in the midst of layoffs06:55 - Why the crypto and stock markets are crashing simultaneously10:35 - Building blockchain infrastructure in Africa15:15 - The evolution of crypto and crypto companies21:10 - Can blockchain solve Lagos' traffic problems?24:30 - Navigating "hostile" regulations27:24 - How the crypto ban affected Quidax29:45 - Building a global Quidax31:08 - Dialoguing with regulators32:59 - Reacting to the new SEC guidelines 36:07 - CBN's crypto ban might be competing with the SEC guidelines38:44 - How to identify crypto scams46:56 - Sponsoring Big Brother Naija Useful links Coinbase to cut workforce by 18% amid wide crypto sell-off Crypto Layoffs: OpenSea, Blockchain.com, Coinbase, Gemini Among Firms Forced to Make Mass Job Cuts Cryptocurrency Lender BlockFi Set To Cut Staff by a Fifth Bitcoin Believers Are Back to Watching Stocks After Crypto Crash There’s more to crypto than buying low and selling high Reviewing CBN’s reasons for restricting cryptocurrency in Nigeria Nigerian Senate offers possible lifeline for crypto, invites SEC and CBN for a briefing How cryptotraders are handling CBN’s crypto ban and bank account closure Nigeria’s SEC pauses crypto regulation plans, confirms intent to regulate Investment-tech SEC regulations: Nigeria Crypto exchange CEOs to retire after 10 years This episode was produced by Ogheneruemu Oneyibo and edited by Múyìwá Mátùlúkò Email us your feedback at podcast@techpoint.afri

You can also watch this episode on YouTube. Several things have happened in the tech space this week and on the Techpoint Africa Podcast, we discussed some of them. First on the list is the launch of the Kenyan President's master plan that saw the introduction of coding into the curriculum of primary and secondary schools, with more projects to come. Then we talked about the installation of Equiano cables in South Africa by the West Indian Ocean Cable Company (WIOCC) in partnership with Google, and what it means for the country and Africa. To advertise or promote your brand, visit this link or send an email to business@techpoint.africa Timestamps 1:19 - Kenya rolls out coding curriculum in schools 11:49 - Google's Equiano lands in South Africa 18:02 - WhatsApp's privacy-related features 24:27 - Amazon Prime Video launches in Nigeria 31:51 - Snapchat's child safety features Useful links From primary education to advanced learning, Kenya is creating a tech talent pipeline WIOCC lands Google's Equiano cable in South Africa WhatsApp is launching new features to protect your privacy Amazon Prime Video launches local service in Nigeria There are probably less than 50,000 Netflix subscribers in Nigeria Child safety on Snapchat Worried about your child’s online safety during holidays? Try these tools Help Intelligence by Techpoint investigate healthcare access and delivery in Nigeria by filling this form This episode was produced by Ogheneruemu Oneyibo and edited by Múyìwá Mátùlúkò Email us your feedback at podcast@techpoint.africa. Visit www.techpoint.africa for more stories.

This episode is also available to watch on YouTube. Today on the Techpoint Africa Podcast we had Romain Poirot-Lellig, Founder and CEO, Kwik Delivery and Kelvin Umechukwu Co-founder and CEO, Bumpa discuss the eCommerce industry and new developments occurring in the industry. We also had insightful discussions about the problems that startups encounter in the industry, possible solutions, and the innovative strides prospective startups, vendors, customers, and enthusiasts can look forward to in the future. To advertise or promote your brand, visit this link or send an email to business@techpoint.africa Timestamps 00:00 - Intro01:30 - Local specifics in e-commerce02:20 - Shift in business control 03:40 - From DMs to storefronts07:10 - Kwik's perspective 08:15 - Trust law for e-commerce in France09:00 - combating obstacles of logistics10:35 - kwik riders' townhall meeting11:08 - Keep your rider happy, they do a better job11:20 - Data problems vis-a-vis rider tracking14:50 - First of its kind innovation17:00 - Challenge with offline vendors18: 20 - Partnership with other apps19:15 - Educating offline vendors22:20 - Seamless integration is the key to customer satisfaction29:30 - Informal marketing into formal market30:30 - Combating "what I ordered vs what I got"33:07 - Kwik's approach Useful links Bumpa’s Instagram integration wants to turn your DMs into a storefront Kwik launches Kwikstore, an easy-to-use e-commerce solution to help African merchants sell online Inside the deep challenges of eCommerce and logistics in Nigeria This episode was produced by Ogheneruemu Oneyibo and edited by Múyìwá Mátùlúkò Email us your feedback at podcast@techpoint.africa. Visit www.techpoint.africa for more stories.

Today on the Techpoint Africa Podcast, our reporters had a lot to say about the Federal Government's plans to implement a 5% excise duty on all phone calls, text messages and data plan subscriptions. They also touched on justice being served for victims of the Forsage $300 million fraud scandal in 2020. Bolu, in particular, itemised methods to help identify ponzi/fraudulent schemes. To advertise or promote your brand, visit this link or send an email to business@techpoint.africa Timestamps 1:16 - Nigerians to pay 5% excise duty on calls, SMS, and data 11:41 - US SEC charges Forsage founders and promoters with fraud 21:18 - Rundown of tech happenings this week Useful links Nigerians to pay more on calls, SMS and data Pantami rejects FG imposition of 5% excise duty on telecoms sector SEC Slaps Founders, Promoters of Alleged Ponzi Scheme Forsage With Fraud Charges Kenya’s insurtech startup, Lami Technologies, raises an extra $3.7m seed round to expand its insurance product offerings Youverify, an identity verification startup, closes an additional $1 million seed to verify 2 billion identities South Africa’s ruling party wants streaming platforms regulated South Africa’s ruling party wants the country to phase out 2G and 3G networks This episode was produced by Ogheneruemu Oneyibo and edited by Múyìwá Mátùlúkò Email us your feedback at podcast@techpoint.africa. Visit www.techpoint.africa for more stories.

In 2020, ride-hailing startups in Lagos, Nigeria, were dealt a huge blow – the Lagos State government had placed a ban on all motorcycles in the state. Consequently, these startups saw operations halted, and a few pivoted to other sectors to stay afloat. Interestingly, only a few days before the announcement, some members of the ride-hailing sector were seen with government officials. The relationship between Nigerian startups and regulators has been bumpy, with startups constantly being thrown regulatory curveballs. With this in mind, a bill – the Nigerian Startup Bill – was created to create an enabling environment for startups. On today's podcast, we had Oswald Osaretin Guobadia, Senior Special Assistant to the Nigerian President and Timi Olagunju, tech lawyer and policy analyst, join our reporters to discuss the bill and what it portends for Nigerian startups. To advertise or promote your brand, visit this link or send an email to business@techpoint.africa Timestamps 02:01 - Did the Nigerian House of Reps truly pass the Startup Bill 03:43 - What the Startup Bill is and why you should care 04:41 - How would it create a better environment? 15:49 - Implementing the Bill 21:29 - Getting [people] involved 34:40 - Critiquing and improving on the Bill 50:45 - Making state adoption attractive 55:14 - How the Bill was developed Useful links Startup Acts: Can the decade’s sexiest law save Nigeria’s thriving but uncertain startup ecosystem? Visit the Nigeria Startup Bill website for more context This episode was produced by Ogheneruemu Oneyibo and edited by Múyìwá Mátùlúkò Email us your feedback at podcast@techpoint.africa. Visit www.techpoint.africa for more stories.

Today on the Techpoint Africa Podcast, we discuss Telkom's beef with South Africa's President, Standard Chartered shutting down international spending on naira cards, and Ubenwa $2.5m pre-seed raise. Telkom is suing South Africa's President, Cyril Ramaphosa for directing the Special Investigative Unit (SIU) to launch an investigation into the telco. From what we hear, there's some issue with a sale in 2006, and there are even more lawsuits in the offing. Timestamps 01:03 - Telkom sues South Africa President 07:21 - Standard Chartered cancels international naira cards 15:01 - Ubenwa's AI for babies-inspired funding Useful links Telkom sues Ramaphosa, wants SIU probe stopped StanChart to suspend using naira debit card for international spending from August 1st Can a baby’s cry identify neurological disorders? Ubenwa says ‘yes’ From Katsina to the world: How Abdulhakim Bashir, founder of AI startup, Chiniki Guard, rose to international prominence This episode was produced by Ogheneruemu Oneyibo and edited by Múyìwá Mátùlúkò To advertise or promote your brand, visit this link or send an email to business@techpoint.africa Email us your feedback at podcast@techpoint.africa. Visit www.techpoint.africa for more stories.

Two weeks ago, we discussed the US Commodities Futures Trading Commission (CFTC) filing civil lawsuits against Mirror Trading International Proprietary Limited, a South African company and its CEO for a $1.7 billion Bitcoin fraud scheme. Well, it appears all the victims might not be getting their money. But that's not all we discussed on today's podcast. Big tech appears to be getting the heat on the African continent, with Amazon and Kenya once again in the news Timestamps 04:10 - Quick rundown of the Termii Elevate Conference 11:57 - Why Amazon's Development Centre in South Africa is facing delays 20:03 - Meta's lawsuit in Kenya Useful links Podcast where we discussed the MTI scandal Termii Elevate 1.0 Conference — Scaling with stellar communication technologies South Africa’s Amazon Development Centre may be cancelled Meta faces pressure from rights groups to stop gagging Daniel Motaung Why Facebook labelled content from #LekkiMassacre2020 incident ‘false’ This episode was produced by Ogheneruemu Oneyibo and edited by Múyìwá Mátùlúkò Email us your feedback at podcast@techpoint.africa. Visit www.techpoint.africa for more stories.

Lawsuits are flying across the tech space. The first involves a company called Meta suing Meta (formerly Facebook) for trademark violation. The company disclosed that it had been negotiating with Facebook over a peaceful settlement, but having failed to do so, they have resorted to a legal solution. eCommerce giant, Amazon is also suing Facebook group administrators for fake reviews, while Elon Musk vs Twitter has taken a new direction. But that's not all we discussed, as we talked about Russian banning crypto, Netflix's declining subscriber numbers, and Kenya's fascination with Nigerian fintechs. Timestamps 05:18 - Russia bans crypto 13:32 - Netflix's declining subscriber numbers 21:01 - Barrage of fraud charges in Kenya Useful links Vladimir Putin Bans Digital Payments in Russia Russia-Ukraine War: What $54m in crypto donations could mean for the global crypto market Netflix loses 970,000 subscribers, its largest quarterly loss ever Kenya’s grapple with cross-border fintech companies over money laundering could get messier To advertise or promote your brand, visit this link or send an email to business@techpoint.africa Scaling with stellar communication technologies at the Termii Elevate 1.0 Conference This episode was produced by Ogheneruemu Oneyibo Email us your feedback at podcast@techpoint.africa. Visit www.techpoint.africa for more stories.

African (especially Nigerian) fintechs have been unable to catch a break for some weeks now. From Flutterwave being embroiled in several controversies to virtual card shutdowns, being a fintech founder is becoming a hard job. Today on the Techpoint Africa Podcast, we discuss the virtual dollar card shutdown by many African fintechs and fraud charges against two Nigerian fintechs in Kenya. Timestamps 02:54 - MTN acquires Telkom 08:50 - Fintechs in Nigeria shut down dollar virtual card services 19:05 - Korapay and Kandon Technologies face fraud allegations in Kenya Useful links MTN in talks to buy Telkom to become South Africa No.1 Why your virtual dollar card is not working Two Nigerian-born American businessmen are going to prison after their company facilitated 'controversial' remittances of up to $160 million to Nigeria This episode was produced by Ogheneruemu Oneyibo Email us your feedback at podcast@techpoint.africa. Visit www.techpoint.africa for more stories.

Today's podcast travelled through three countries: Nigeria, Togo, and Senegal. Although the last one could more correctly be tied to Francophone Africa, but let's not get into technicalities. First on the list is Kuda, more popularly known as "the bank of the free", and its recent circular to customers informing them that they would start charging a ₦50 stamp duty charge on all deposits above ₦10,000. Understandably, Nigerians had quite a bit to say on this decision, and we did too. Timestamps 04:38 - Kuda Bank introduces ₦50 stamp duty 13:24 - Togo's e-Visa platform 19:26 - Wave lays off 15% of its staff Useful links Kuda Bank to charge customers ₦50 for deposits of ₦10,000 and above from July 15 Togo completes its e-Visa platform To advertise or promote your brand, visit this link or send an email to business@techpoint.africa Wave, a Stripe-backed African fintech valued at $1.7 billion, cut 15% of its staff in June Oui Capital's form for laid-off Wave employees Scaling with stellar communication technologies at the Termii Elevate 1.0 Conference This episode was produced by Ogheneruemu Oneyibo Email us your feedback at podcast@techpoint.africa. Visit www.techpoint.africa for more stories.

By now, it's no more news that Elon Musk officially intends to pull out of the Twitter deal. Not that anyone is surprised, but things could get really interesting. On the Techpoint Africa Podcast, we discussed Ghana's bid for a digital currency and Kenya Power's plans to enable customers to share electricity units. Timestamps 07:53 - Ghana plans to test e-cedi 18:05 - Kenyans electricity token sharing plans Useful links Musk Backs Out of $44 Billion Twitter Deal Over Bot Accounts Ghana plan to test its digital currency, e-cedi Kenya Power tests electricity tokens sharing Scaling with stellar communication technologies at the Termii Elevate 1.0 Conference This episode was produced by Ogheneruemu Oneyibo Email us your feedback at podcast@techpoint.africa. Visit www.techpoint.africa for more stories.

E-hailing company, Bolt, has launched its African headquarters in Nairobi, Kenya and the question in the mind of some Nigerians is, why not Nigeria? On Today's episode of the Techpoint Africa Podcast, we kick things off with Bolt's decision to set up its African headquarters in Kenya. While Oluwanifemi and Emmanuel shared opposing views on whether Nigerians should be bothered about the news or not, the verdict remains Kenya was a better option. Timestamps 3:57 - Bolt establishes African headquarters in Kenya 13:50 - Autochek acquires CoinAfrique 23:15 - Central African Republic launches Sango Coin Useful links Bolt plants African headquarters in Kenya Kenyan entrepreneurs welcome Google’s product development centre but could struggle to hold on to talent 5 drastic ways the Finance Act 2022 changes innovation in Kenya Autochek acquires CoinAfrique to grow its footprint in Francophone Africa CAR introduces Sango Coin This episode was produced by Ogheneruemu Oneyibo Email us your feedback at podcast@techpoint.africa. Visit www.techpoint.africa for more stories.