Editor’s Notes
- Week 21, 2022
- Read time: 5 minutes
Hey. Welcome to the premier edition of TC Weekender! 🍾🥂
In this week’s roundup, we’re highlighting CAR plan’s for a crypto-economic hub, Nigeria’s new deal to create a digital marketplace, and a new internet service provider (ISP) coming to Nigeria and Mozambique.
Have a great weekend.
Kelechi Njoku, Senior Editor, TechCabal.
Editor’s Picks
CAR wants to create a crypto-economic zoneIf you’re looking for a crypto-friendly African country, then the Central Republic of Africa (CAR) is the place for you. In its plans for a “crypto economic zone”, everyone will be able to use crypto without paying taxes! Read it on TechCabal |
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Uber records 1 billion rides in AfricaUber has completed 1 billion rides and travelled 10 billion kilometres on the continent. That’s like travelling across the Great Wall of China 476,000 times! Read the sUber story on TechCabal |
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Nigeria is creating a digital marketplace for IP rightsForget about NFTs. With the Nigerian government’s latest deal, Nigerian creators will soon be able sell their intellectual property rights to their videos, pictures, and even graphic designs! Read it on TechCabal |
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WhatsApp opens its APIWhatsApp’s new tool is redefining “24/7”. It will allow all business owners to create business profiles, and automate messages that keep customers satisfied while freeing up time for business owners. Check it out on TechCabal |
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Sylndr raises $12.6 millionIf you’re looking for trusted used-car dealers in Cairo, you’re in luck! Egypt’s Sylndr has raised $12.6 million to help Egyptians buy quality cars that won’t break down, or break their pockets. Read more on TechCabal |
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Johannesburg to spend $20 million on smart cityJohannesburg has smart city ambitions, and it wants invest $20 million to build a city with automated ticketing systems, a healthtech system and even fancy fire detectors. Read it on MyBroadBand |
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MTN South Africa’s raises its pricesMTN subscribers in South Africa are not happy. Why? Well, MTN raised the prices of its data packages by 20% when the service had earlier promised just a 5% hike. MyBroadBand has the gist |
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JABU raises $15 millionIn this week’s biggest funding announcement, JABU raised $15 million to improve its same-day delivery services in Namibia, and build an electronic wallet. Read it on TechCrunch |
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OPay partners with MastercardOPay announced a partnership with Mastercard that will allow OPay users link their e-wallets to Mastercard’s virtual payment solution. This will allow more users shop on global digital stores. Read it on Business Day |
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Starlink is coming to Nigeria and MozambiqueElon Musk’s internet service, Starlink, has been approved to provide super fast interent service to rural areas in Nigeria and Mozambique. But can people in rural areas afford Starlink’s expensive $110+/month subscription fees? Find out on TechCabal |
Guess the coin
Can you guess the names of these cryptocurrencies? Play this week’s edition of Guess the Coin and win TechCabal Merch if you get all the answers correct. The first 2 people to send us screenshots of their correct answers will get merch delvivered to them.
T & Cs apply.
Top Tweets of the week
More from TechCabal
- Melior is building a distribution and financing powerhouse for Nigerian indie artists.
- How strategic partnerships helped Kay Akinwunmi build Zazuu.
- Can proptech solve Nigeria’s urbanisation crisis?
- Cross-border payment in Africa is a big frustration and a huge opportunity. Can stablecoins help?
- Google Translate’s latest update increases the popularity of Africa’s languages.
- How bank and fintech partnerships can build a stronger African financial ecosystem.
- Quick Fire 🔥 with Yekeen Ajeigbe.
Written by: Ngozi Chukwu
Edited by: Timi Odueso