Is Africa The Battleground for tech
"Africa is almost like a blank canvas that VCs and startups can build on. We're going to see a quantum leap in the development" - Pierre Suhrcke, a partner at European growth investor TempoCap, said.
Good morning!
Pray for Haiti. A major earthquake hit the country and killed more than 1,200 people, injured 5,700 on Saturday. It was 7.2-magnitude.
Rebecca Enonchong. The charges against the Cameroonian tech entrepreneur by the Cameroonian government have been dropped. Talk about fighting with one voice in Africa.
A case of "Out with the new, In with the Old". Few weeks back, Kuda opened up their first physical customer service centre. Just like your traditional bank. Now, they have a new office space. Should we expect their first physical operational bank soon? Will that take the swag off the 'digitalness' of the bank? Time will tell.
Call it Cameo of Nigeria, Africa by extension, you will not be wrong. Amaze, connects celebrities and their fans. The startup, backed by some of Nigerians entertainment big names like Don Jazzy, Bisola Aiyeola and others, already projects gross revenue of over N100 billion within the first 18 months of launch.
Before we dive in, South Africa scored some points despite the recent unrest. Disney+ is launching in South Africa in 2022. Also, South Africa has the fastest internet speed. E relate? Maybe.
Let’s go! This Week in Tech.
Samson Omamuzo (LINKEDIN)
The future of African markets will be shaped by the cellphone. The question is, who is going to shape how this is used, what's on it, the content of the future? And for me, she said. "It's very important to focus on education.
Read the full article In Africa, Biden finds a free trade zone he can embrace
Unpacking the "Buy Now, Pay Later" Disruption
In recent times, FinTech discussions have largely been focused on advanced and complicated products that deploy technology in new ways, such as cryptocurrency, decentralized finance NFTs, etc. While the focus has been on those spaces, Buy Now, Pay Later companies have been creeping up in size, market adoption, and impact, only arriving on many people’s radars after the acquisition by Square of one of the major players in the space, Afterpay, for $29 Billion. Read the full article.
Absa Bank Kenya launches WhatsApp banking as part of its digitisation agenda
Facebook Inc. and some of the world’s largest telecommunications carriers, China Mobile Ltd. and MTN Group Ltd., are set to build a wider-than-earlier planned giant sub-sea cable in Africa
Covid-19 travel pass for South Africa – what to expect
South Africa has Africa’s fastest internet speed, Port Harcourt is first in Nigeria
Africa wants to produce a coronavirus vaccine — and Big Pharma’s not happy
Digital Transformation Crucial for the Future of Mining in South Africa
FBH Holdings, Sterling Bank, Four Other Tier-2 Banks Generates N59.7bn from Account Maintenance, E-banking Fees in H1 2021
Iyin Aboyeji, Caleb Zipperstien, on why Future Africa is opening an office in Israel
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