Good morning.

1. More than sixty thousand Nigerians, in Nigeria and in diaspora, have been singing and shouting hallelujah every night since the 1st of June, on Nathaniel Bassey’s Instagram Live (see above). And while I don’t care for these things, I’m actually considering staying up tonight to observe this behaviour. There’s a decent story about it on CNN, ICYMI. Link

+ In a country where data costs are not insignificant, getting 60k people to participate in a one hour live video session is nothing to sniff at. I am convinced those numbers would be way higher if internet access were more affordable.

2. MTN is getting sued over the award of its Iranian operating licence. Turkcell, the plaintiff, is going after not just the South African telco, but some influential telco heavyweights in their personal capacities, even though they no longer work at MTN. I wouldn’t order the popcorn just yet, though. The real proceedings probably won’t begin until 2019. Link

3. Cash remittances have been an obvious battleground in the fintech revolution. And now that it has come out that the average cost of cash to cash remittances to Africa is 9.8 percent of the amount sent (sign of the cross) fintech startups are really beginning to smell blood. The question the article doesn’t quite get to however is how long will the regulatory moat that props up the margins of Western Union and their ilk in Africa last? Link

5. Kenya’s film and classification board has banned gay TV show episodes. These are the same geniuses that tried to ban Netflix for immoral content. Link

6. Someone created a performance index for Nigeria’s 36 states. 37, if you include the Federal Capital Territory of Abuja. Statescore is in beta, and the endgame of its creators isn’t entirely clear at the moment, but it is interesting. The rankings are crowdsourced, based on reviews from people who signup. Link

7. If you do fintech stuff, you should check out KPMG’s global fintech hackcelerator challenge (wait, who names these things?) Link


Other interesting stuff

+ What is Afrofuturism? Seriously… Link

+ Your fada: Our son, Elon’s father’s day t-shirt is the winner. Link

+ Andela founding team member, Nadayar Enegesi shares why he is still all in, three years in. Link

+ Climate change (don’t click if you don’t like silly and borderline insensitive 140 character jokes about serious matters). Link


Upcoming events

1. True Talk, with Ezra Olubi, CTO and co-founder of Paystack, which TechCabal is bringing to you with help from our friends, Cafe Neo and Wifi.com.ng. Link

2. TechCabal Office hours, with Olumide Olusanya, the founder and CEO of gloo.ng. This is a small event for 15 people only who get to receive unvarnished e-commerce advice from a veteran who’s been there, done that, and is still doing it. We’re doing this with help from our partners, V8 Ventures. Link


That’s all.

For now. As always, my best wishes for a productive week ahead.

More From TC
The War Against Cash Is Solving The Wrong People’s Problems
Cabal, startups
22nd October 2018

Many cashless society initiatives don’t really solve merchant problems. The solutions that will win in the end will be the ones that can combine payment services with value-added services to help the merchant make more money and the consumer pay in a more effective and rewarding way.

GIGM Is Nigeria’s Most Technologically Advanced Road Transport Company
startups
16th November 2018

GIGM has the first top-down transport management system in the country, a 600-bus fleet and over 2000 employees.

An Unlikely Band Of Entrepreneurs Are Reducing Cost, Wait Times In Nigerian Hospitals
startups
14th November 2018

Through an unlikely alliance, the founders of Helium Health are using their product to improve outcomes for healthcare service delivery in Nigeria.

Lara.ng Is Getting People Around Lagos In A Way That Google Maps Can’t
startups
12th November 2018

From infrastructure to city planning and mobility trends, a unique marriage of technology and data has the potential to birth a new age of socio-economic advancement in Nigeria. Lara.ng is proof of that.


TechCabal is a Big Cabal Media brand



Copyright © 2018
All rights reserved

Privacy & Terms