MTN Ghana’s MobileMoney revenue exceeds Nigeria’s biggest banks, generated $216.4 million revenue

Nigeria leads mobile app market growth in Africa as use of gaming apps surge 44% from Q1 2020

Hello!

Lots of insightful and data-packed reports on Africa tech. MTN Ghana’s mobile money revenue exceeds Nigeria's biggest banks - the mobile money registered $216.4 million revenue from MoMo transactions in 2020. 

To make it refreshing for Nigeria - Nigeria leads mobile app market growth in Africa as use of gaming apps surge 44% from Q1 2020 per a new report by AppsFLyer.

Away from the reports, working with African governments comes with its own trouble. Ibrahim Jega shared a lesson from selling a blockchain service to African governments. Blockchain???

Before you go, should Nigerian SME’s, especially those in fintech be worried about the speculative CBN regulation? 

We’ll live to find out.

Let’s dive in.

Samson Omamuzo (LINKEDIN)

REPORT: MTN Ghana’s MobileMoney revenue exceeds Nigeria’s biggest banks by far

Source: Mobile Money Africa

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REPORT: Nigeria leads mobile app market growth in Africa as use of gaming apps surge 44% from Q1 2020

Source: Tech Crunch

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PAYMENT: More African producers could easily monetize their music thanks to Amplifihub’s deal with America’s Airbit

Source: Tech Cabal

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STARTUP: African Startup Founders: The Special Party Will Begin In Year 2025

Source: Tekedia

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FUNDING: African start-ups attract international investors — but need local ones too

Source: Financial TImes

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REGULATION: Why Nigerian SMEs, fintechs should be bothered about the new Mobile Money Regulations

Source: Tech Point

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REPORTS: Scaling-up off-grid solar across Africa – EIB and International Solar Alliance study identifies solutions to unlock energy access for 120 million households

Source: Social News

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BLOCKCHAIN: What we learned from selling a blockchain service to African governments

Source: Tech Crunch

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IDEAS: Kenya hasn’t figured out how to put its local founders first

Source: Rest of The World

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COMMUNITY: 54gene Launching Trust To Support African Scientists and Communities

Source: Apps Africa

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