On TechpointDigest, Victoria Fakiya discusses NIMC reminding Nigerians of the NIN tokenisation, Nigeria’s President commissioning Eyemark, CheckMe...
CBN revises weekly cash withdrawal limits for individuals and companies
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Techpoint Headline News
CBN reverses cash withdrawal limits but continues its push for a cashless economy
Two weeks after informing Nigerians of its proposed cash withdrawal limits, the Central Bank of Nigeria has revised those limits up to ₦500,000...
Twitter launches Blue for Business
On TechpointDigest, Victoria Fakiya discusses Visa’s Ethereum auto-payment scheme, Twitter’s Blue for Business, Elon Musk limiting policy-related...
Nigeria will soon recognise cryptocurrencies as legal
On TechpointDigest, Victoria Fakiya discusses Nigeria’s plan to recognise crypto, whether Elon Musk will step down as Twitter CEO, and SEC’s Tech...
Zipline partners with the Rwandan government to open new delivery locations
On TechpointDigest, Victoria Fakiya discusses Zipline’s partnership with the Rwandan government, Microsoft’s collaboration with Viasat, and Elon...
US-based mining startup, KoBold Metals, to invest $150m in Mingomba copper-cobalt mine, a Zambian project
On TechpointDigest, Victoria Fakiya discusses Klasha’s bold menstrual leave policy, KoBold Metals’ $150m investment in a Zambian project, Elon...
9 African startups graduate from Techstars Toronto 2022 Winter cohort, as its Africa portfolio reaches 29
Techstars Toronto announces the graduation of nine African companies from the winter 2022 cohort of its accelerator program. The companies represent...
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Pan-African early-stage VC firm, Ventures Platform, closes its fund at $46 million to increase its focus on “category-leading” companies in Africa
The firm announced its first close of $40 million in December 2021, attracting African Limited Partners (LPs). However, its second close has drawn...
Klasha’s bold menstrual leave policy: A step forward or a step too far?
Praise and criticism have trailed Klasha’s introduction of a menstrual leave policy that allows its employees to take up to five days of leave...
Egyptian startup, Suplyd has raised $1.6 million to help businesses in the food services industry get products online
Egyptian procurement platform for hotels, restaurants and catering (HoReCa) businesses, Suplyd, has raised $1.6m in pre-seed funding to expand...
Kenya-based healthtech startup, MyHealth Africa, has closed a $1 million seed to expand its presence in Africa
The company also plans to expand to the Middle East and South Asia in 2023. Read More Techpoint Africa
Meta’s new lawsuit in Kenya for allegedly inciting violence and hatred in eastern and southern Africa
On TechpointDigest, Victoria Fakiya discusses Abrham Meareg’s lawsuit against Meta, Softcom’s layoff, Instagram’s new features, YouTube’s latest...
Softcom has reportedly laid off staff after owing salaries in December 2021 and Novermber 2022.
Softcom has allegedly laid off 10% of its workforce after owing salaries in December 2021 and November 2022. Read More Techpoint Africa
Equinix to invest $160 million in South Africa Data Centre after acquiring Nigeria’s MainOne
Equinix plans to invest $160m in its first African data centre in South Africa, targeting banks, content and media companies, and hyper-scalers. The...
If CBN wants to go cashless, it should make transfers free
The CBN has reduced cash withdrawal limits so we can go ‘cashless’. Responding, Adedeji Olowe, a Trustee of Open Banking Nigeria, insists that the...