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11- 11 - 2019

Hello! Welcome to today's edition of TC Daily. If this was forwarded to you, please take a moment to subscribe. You're getting today's newsletter a little later than usual because it's a public holiday in Nigeria but some news just can't wait. So let's get right to it...

Question: How many Twitter users are in Nigeria?
Answer: Not enough

On Friday, Twitter executives were at Techpoint's town hall in Lagos.

What was interesting? 

The company's CEO, Jack Dorsey says he will live in an African City for 3-6 months in 2020 as part of his company's efforts to grow its African audience.

But here is the real scoop: Jack Dorsey works from home on Tuesdays and Thursdays.

How is that for a conversation on the future of work? 

What's all this future of work talk?

On November 29, 2019, the TC Townhall Edtech & the Future of  Work will bring together regulators, government agencies, investors, entrepreneurs, NGOs, social enterprises and schools.

What's the summary?

We're setting a strong agenda around how to use technology to leapfrog Africa’s education challenges and prepare our citizens for future jobs. Buy your tickets here. To enjoy our early-bird discount, click here or use the code TCEDTECH at checkout. Further discounts apply for companies/individuals buying at least 5 tickets. Please click here to enjoy our corporate discounts.

While we're still talking money...

Nigerians are now buying Amazon and Google stocks. With the Nigerian Stock Exchange reporting returns of -16.6% year to date, there's no surprise Nigerians are looking elsewhere to buy equity. 

Want to figure out your best choices to buy shares abroad? Here's Alexander Onukwue's article on Rise Capital, Bamboo, Chaka and other apps which make this possible 

What's Happening Outside of Nigeria?

MTN's $20 Smartphone.

South African telco, MTN has announced its planned launch of a budget Android phone built by Mobitel. While it will be available in South Africa, MTN will also be looking to launch the smartphone across other African markets.

What else is happening in South Africa?

While news of Eskom, South Africa's public electricity utility company getting some help from France might not be the sizzle worthy, here are some events with more verve. 

VentureBurn put together a list of startup events in South Africa worth attending.

Oh wait, did hear about the STEM pop-up in Lagos?

STEM METS Resources, an educational service provider dedicated to the development of 21st-century skills in children and youths, is hosting its maiden S.T.E.M Pop-Up event for students, in partnership with Andela on November 22nd in Lagos. The event is aimed at bridging the gap between education and the corporate workplace. Click here if your organization is interested in co-hosting a S.T.E.M Pop-up event.

 

Crop2Cash, an agritech solution provider for small farm holders has won the Lagos edition of this year’s Seedstars pitch event. 

Seedstars is the world’s largest startup competition for innovators from emerging markets. The competition focuses on startups with impactful innovations. This year, Seedstars regional events will be held in over 80 cities globally.

Where this Jollof People sef:

Away from the South, the Jollof war rages on. Is there such a thing as Gambian Jollof? Apparently there is, and it gives you the nerve to play with crocodiles after. Live vicariously through Fuad, Toke and the gang as they traverse West Africa with Jollof at the forefront of their minds. 

If you've made it all the way here, you should probably read this:

You're sitting ringside, cash in hand, betting on who would win the war? Banks or Fintech? This is your cheat sheet from Abubakar Idris before you place that bet.

Visa will pay $200m for a small slice of Interswitch

Sky News in the UK is reporting advanced talks between Visa and Interswitch. It is a move which will see Visa own 20% of the African fintech giant.
 
It is great news for Interswitch ahead of its planned IPO in London in 2020.

 

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If you're in Nigeria, enjoy the holiday! 
 
See you tomorrow!
 

- Olumuyiwa

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