Case closed: WeJapa's CEO steps down
An independent investigator has recommended
in partnership with FLUTTERWAVE & INVEST AFRICA 20.10.2020
Good morning. As protests continue against police brutality in Nigeria, nothing provides more context than this thread documenting police violence towards during the protests. In today's edition: -WeJapa -Namibia's #ShutItAllDown -The cost of internet shutdowns
PARTNER CONTENT

Bamboo, a Flutterwave merchant, gives you unrestricted access to over 3,000 stocks listed on the Nigerian stock exchange and U.S. stock exchanges, right from your mobile phone or computer. With as little as $20, you can create and fund your Bamboo account with your Dollar or Naira cards and through bank transfers. Start buying and selling shares or stock bundles (called Exchange Traded Funds) in just a few taps, begin here.

STARTUPS
Favor Ori, the CEO of WeJapa, the Nigerian tech outsourcing startup has stepped down. What happened there? On a dramatic weekend in August, Favor Ori was called out on Twitter. He was accused of underpaying developers, berating people who worked for him after disagreements and overstating his achievements. In one instance, the company was accused of organising a hackathon and failing to meet its promise to the winner of the hackathon. Like every Twitter call out, it was well and truly messy. Investigating WeJapa Although it launched in January 2020, WeJapa quickly received equity funding from a number of investors. One of those investors was Microtraction, the Nigerian investment firm. These investors, led by Microtraction took a proactive stance, calling for an investigation three days after the initial accusations. Once the investigation was announced, Favor Ori took a leave of absence from the company, but not before publishing this apology. What we now know Having announced the investigation in August, there were no updates about it until recently. It felt a lot like we were going to get a Tizeti 2.0 here. Yet, with what we now know, this was handled better. WeJapa hired the law firm, Calmhill Partners to mitigate the dispute on behalf of the company’s investors/stakeholders. In an executive summary, Calmhill Partners found that Favor Ori was "high-handed in his dealings with some of the talents interviewed. "We are of the view that most of the issues would have been better managed if there had been proper communication between Favor and the talents." A change of roles "We trust that the findings above provide WeJapa with the relevant information to enable it take the requisite decisions" One requisite decision by the company's investors is Favor Ori stepping down from his position as CEO. The company says Favor will assume the role of CTO and "during this time, he will focus on improving his interpersonal and people management skills."
IN NAMIBIA, A RECKONING IS ON THE CARDS
While protests over police brutality in Nigeria are in its second week, some other Africa countries are also forcing their governments to pay attention to issues. In DR Congo, protesters are asking for justice over unprosecuted rapes and murders. In Namibia, there are country-wide protests over the pervasiveness of intimate sexual and gender-based violence (SGBV) and femicide. 22-year-old Shanon Wasserfall was last seen on April 9, 2020 at Walvis Bay, a port town in west central Namibia Wasserfall was said to have informed her friend she was going to visit someone at a shop about 100 metres from her friend’s home. That was the last time she was seen alive. Data from the Mobile Telecommunications Company (MTC) placed her last phone signal at Swakopmund, about 40 minutes away from Kuisebmond. From Twitter to the streets Like we saw in Nigeria, the protests against gender-based violence in Namibia started on Twitter. But it spilled over into the streets of Windhoek on Thursday, October 8. Over the weekend, the protests spread further into other parts of the country, with protesters asking that a state of emergency be declared. What it shows is that social media is becoming a very important tool in social justice movements in Africa this year. It may explain why so many African governments are keen on regulating social media. How is the Namibian government responding? Kay says that Namibia's Ministry of Information and Communication Technology released a detailed response on the individual requests of the protesters. But protesters are unimpressed. African governments have mastered the art of pronouncements that don't lead to actual changes. Go deeper: Why does Namibia want to #ShutItAllDown?
THE ECONOMICS OF INTERNET SHUTDOWNS
Cutting off internet access is an old trick for many governments. In 2019, there were 122 total internet disruptions in 21 countries and four regions across the world. Yet, these seemingly casual internet disruptions have real economic costs. In 2019 alone, 18,225 hours (759 days) of internet disruptions cost the global economy $8.05bn. Of that amount, countries in Sub-Saharan Africa lost $2.16bn. This week, TC Insights looks at the true cost of internet disruptions with all the numbers and data that matter. You should definitely read this.
PARTNET CONTENT
Africa Tech Summit Connects online starts tomorrow – Join 60+ Speakers, 35 Sessions over 3 days. Book 1:1 video calls & do business online with tech leaders, investors, corporates & start-ups on mobile and app – REGISTER HERE and use code TECHCABAL for 30% off!
WHAT ELSE ARE WE READING?
#EndSARS

- Olumuyiwa

Share TC Daily with your friends!

Copyright © 2020 Big Cabal Media,
All rights reserved.
You are receiving this email because
you signed up on TechCabal.com

Our mailing address is:
Big Cabal Media
18, Nnobi Street, Animashaun, Surulere, Lagos
Surulere 100001
Nigeria

Add us to your address book


Want to change how you receive these emails? You can
update your preferences or unsubscribe from this list.

Email Marketing by ActiveCampaign
TechCabal is a Big Cabal Media brand



Copyright © 2013 - 2020
All rights reserved

Privacy & Terms
X