Good morning. It’s Friday!

1. ??  What doth lay hither, kind sire? Well, since you asked nicely, an interesting infographic by Kupanda and Fraym on “Generation BUMP: Nigeria’s “young” and “educated” population with spending power. These are the 29 million highly banked, urban, mobile, and plugged-in consumers driving media and creative companies in the country. They are most likely internet liberals, too, but this infographic only shares the small fact that they enjoy TV and mostly live in Lagos – we may never find out. Link

2. ?? And what do we have here? A refugee assistance initiative. Mastercard and Western Union are trying to develop a digital infrastructure model for refugee camps to make them sustainable. They are exploring options like digital vouchers and mobile money in Kakuma, a Kenyan settlement that hosts over 150,000 registered refugees and 500+ merchants. They want to give refugees some financial control over donations by combining digital access to remittances, banking, education, healthcare and other basic needs in a unified, trackable way. This article does a good job of explaining how refugee camps can be emerging economies in their own right.

3. ?? No, we are not being tailed, suckaz! Says the guy in green who’s losing his cool. Etisalat Nigeria released a statement yesterday denying reports that the company’s management was being investigated by the EFCC over how the $1.2bn loan was used. It also said that almost half of the loan had been repaid, and then it dared you all in a passive-aggressive tone to be better reporters and do better. Well, sorta. Link

4. Here’s a pretty long but interesting take on the race to solar-power Africa. Most entrepreneurs see solar power in Africa as a nascent industry to make substantial profits from. Outside providing these fundamental solar-based solutions, they are essentially banks as well as utilities, offering loans to customers who may have no credit history, because one of the biggest obstacles to the growth of solar power in the region is the lack of available cash. Link


Olu Assistant is a virtual personal assistant you can contact via WhatsApp for anything you want. To begin using Olu Assistant, add this number on WhatsApp: +2349080821111. You can hire the assistant for as low as N5,000/month. Link


These are also interesting.

+ Egypt’s government continues to block news websites. Link

+ TechSuplex’s Joy Ajuluchukwu compiled a small list of hackathons and accelerators you should register for. Link

+ Offshore holding companies as investment vehicles. Link

+ Private investments could be the key to electricity in Africa. Link


Upcoming events

Lagos: Startup Grind with Oluyomi Ojo, June 24th. Link

Lagos: Girls with GRIT Hackathon, June 26th. Link

Want to see your event in here? Add your event


That’s all for today.

Thank you for your time. Have a great weekend.

More From TC
A lot is happening at Flutterwave right now
startups
15th October 2018

Series A extension funding. Legendary payments icon joins the board. And the departure of its celebrity CEO.

Solar Saves Lives: One Hospital’s Story
people, startups
21st September 2018

Nigerian businesses including hospitals critically need power to survive and for some, to save lives. Renewable energy (especially off-grid) presents a strong proposition to address the power challenges.

830 Pregnant Women Die Daily, How Can Tech Help?
Funding, people, startups
21st September 2018

The top 20 countries in the world with the highest maternal mortality rates are in Africa making PPH as a factor in maternal mortality is a very serious problem that requires urgent attention.

Opinion: Why Nigeria’s Tech Ecosystem Shouldn’t Be Built Exclusively With Foreign Capital
Funding, people, startups
21st September 2018

El Dorado will be a tech ecosystem built by international and local investors in a sustainable manner creating win-win scenario for all parties alike.


TechCabal is a Big Cabal Media brand



Copyright © 2018
All rights reserved

Privacy & Terms