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31 – 12 – 2019

Good morning, folks! Welcome to today’s edition of TC Daily. If this mail was forwarded to you, please take a moment to subscribe, and join us on Telegram. We are bringing you important stories about technology and digital innovation from Africa!

Bamboo, a Flutterwave merchant, gives you unrestricted access to buy and sell U.S. stocks right from your mobile phone.

Start 2020 right, create and fund your Bamboo account with your Naira or Dollar cards or through bank transfers and start buying and selling shares in just a few taps. It’s quick and easy.

Be more than just another consumer. Become a smart investor. Download the app right now to get started.

“The complaint alleges that several Western businesses supported the Taliban by … making payments to ensure the protection of their infrastructure,” 
– MTN Official statement 

The United States of America is dragging South African Telco, MTN to court over allegations of breaking Anti-Terrorism laws.

What’s the scoop?

MTN and the other companies are accused of “funneling millions of dollars in payments to the Taliban for protection that funded the group’s attacks on American troops in the region”

Read all about it here. 

This week, Alexander Onukwue Asks: Will Twitter Remain Nigeria’s favorite branding and conversations app?

An excerpt:

In the coming decade, Twitter will add new features to keep users engaged and make the site safe for conversation. They’ve walked back a proposal to remove inactive accounts. They’ve banned political advertising.

Sounds like a lot of activity. Be sure to read this cheat sheet! 

Speaking of startups closer to home…

How about this list of Nigerian startups that closed in 2019 and the lessons we can learn from them?

Here are a few of them…

OyaPay, CakeTunes and Mypadi.

Read all about the actionable lessons from these companies here. 

In more positive news around Africa…

Safaricom has now passed Zuku to become the biggest fixed broadband provide in Kenya. 

Just how much market share does Safaricom now have?

34% is the number while Zuku inches close with 33% market share. 

It’s pretty interesting stuff: read all about it here. 

All is well that ends well…so we’re ending this with super news….

Fintech in Africa has been the biggest talking point this year. 

Fintech deals account for about 18% of the over $291-million netted in 91 disclosed deals.

Those are big numbers. Read VentureBurn’s deep dive into how Fintech has boomed in Africa in 2019.

Applications are open for Shopify’s 2020 Summer Internship programme. Available roles include Data Science Intern, Design Intern, Web Developer Intern, among others. The roles are open to anyone including students. Apply here before January 20, 2020.

The next TechCabal townhall holds on February 28, 2020.

The February 2020 townhall will focus on…
Emerging technologies including 5G, Artificial Intelligence, Augmented Reality/Virtual Reality, Cryptocurrencies, Robotics and 3D Printing. TC Townhall: Emerging Tech will examine how these technologies are changing (and will change) how Africans live and do business.

Want to attend?
Indicate interest by filling this form. Are you a member of the press, fill this form to qualify for a pass. Do you have a startup or project with any of these technologies at the core? Tell us about your project or startup here

Have any ideas about the event or suggestions about speakers? Send us an email via and we just might make your wish come true. For sponsorship inquiries, please email Chidi via

Do the shimmy, it’s almost 2020!
We’re off tomorrow, see you in the new year.

– Olumuyiwa

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