I hope Monday wasn't too hard on you. If it was, today is another day. Get in there. Unto the digest ...
MTN Nigeria might have had a better Monday after reports surfaced that the telco may get a "naira-denominated" refund of the $8.1 billion the Central Bank of Nigeria (CBN) alleges it moved out of the country illegally with the help of four banks (which were also fined $16 million). Remember, the CBN has not said how and when MTN should pay this money, or what will happen if it doesn't. Also, MTN claims its innocent. Meanwhile MTN Group CEO, Rob Shuter, affirms that the company will remain in the Nigerian market, even though its plan to IPO in Nigeria may have been jeopardized.
Still on MTN gist - this time MTN Ghana, about 84.6% of the Ghanaians that bought the company's shares in its recent IPO did so using mobile money, per this report.
The South African Ministry of Telecommunication has made an ammendment to the rainbow nation's Electronic Communications Act. Mybroadband did a great breakdown of what it means and what the new rules are. Big takeaway: Spectrum sharing between telcos and other operators are now possible.
Enhancing Financial Innovation & Access (EFInA) has launched a new $2 million challenge fund focusing on fintech companies to enhance the uptake and usage of financial services by the low income population in Nigeria.
GDG Nairobi will be hosting the Google DevFest 2018 in Nairobi, Kenya to bring together people who are shaping the future of Android, Web, IoT, AI and Cloud technologies for a day of sessions, workshops and networking. Deets and registration here.
If you're a Nigerian getting married soon and you [& your significant other] would prefer your loved ones give you cash or help fund your wedding, OurNuptialChest offers a gift registry for cash only and they claim 50 weddings, 70 donations and over N500K given on their platform.
The second edition of the #StartupAnambra Conference dubbed #StartupAnambra2.0 with the theme “Connect, Learn and Disrupt” will take place in Awka, Anambra State, Nigeria on November 10. Register here.