Saturday, April 26

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GetEquity, a Nigerian equity crowdfunding platform, has achieved profitability by pivoting to debt notes. The platform has processed over ₦500 million since introducing debt notes.


Lendsqr’s AI credit scoring tool uses financial, voice, and video data to assess loan risk in Nigeria, aiming to speed up approvals and fight fraud while promoting financial inclusion.


VFD Group reports a 1,202% profit turnaround in 2024, achieving ₦11.2 billion pre-tax profit and a 116% increase in market capitalisation.


Djibouti’s strategic location has seen it pour investments worth about $200 million into submarine cables. Now it’s positioning itself as East Africa’s digital gateway.


LG

LG Electronics Illuminates the Future of African Art at +234Art Fair

Where Art Meets Innovation: A Celebration of Culture, Technology, and Creative Patronage In a dazzling fusion of culture and technology,…


Almost 50% of Nigerians turn to informal credit as bank loans become expensive 

Faced with mounting regulatory levies, a steep rate spread, and the world’s highest cash reserve ratio, Nigerian banks are left with little choice but to shift some of the burden to customers — perpetuating a disturbing trend.

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South African regulator calls out WhatsApp for violating data rules

On Techpoint Digest, we discuss the South African regulator calling out WhatsApp for violating data rules, the death of hashtags, and POS agents: Access, but at a cost.

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LG

LG Electronics Illuminates the Future of African Art at +234Art Fair

Where Art Meets Innovation: A Celebration of Culture, Technology, and Creative Patronage In a dazzling fusion of culture and technology,…

Nigeria’s POS agents bridge the gap to financial inclusion but at a high cost

POS agents have become essential to financial access in Nigeria, especially in rural areas. However, rising fees are placing a heavy burden on the very people they were meant to help.

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Uber, Bolt plan to go on strike on May 1, 2025

On Techpoint Digest, we discuss ride-hailing drivers’ plan to go on strike, African startups and the SDG goals, and Ghana’s health system’s lift.

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OPAY FINTECH COMPANY
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OPay

OPay Emerges as the Only Fintech Winner at Vanguard Awards; Bags Most Innovative Fintech Award

OPay, Nigeria’s leading financial institution, has been named the Most Innovative Fintech of the Year by Vanguard Newspapers. This recognition…

Five years to the SDGs deadline, African tech companies are leading the charge to sustainability

The world is five years away from the SDGs deadline, and African technology companies are making significant contributions to reaching the set goals.

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Flutterwave, YellowCard, Onafriq join stablecoin-based payment network launched by company behind USDC

Flutterwave, YellowCard, and Onafriq have joined a stablecoin-based payment network created by Circle, the company behind USDC. The companies will now be part of a global stablecoin settlement system.

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Swifia
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Swifia

Swifia Launches to Revolutionize Gift Card Trading in Nigeria with Instant Payouts and Unmatched Reliability

Swifia, a bold new player in Nigeria’s digital finance space, has launched to make gift card trading faster, simpler, and…

The emerging tech startups solving problems in Kano, Nigeria

From agritech to ecommerce and logistics, Kano is home to a budding tech startup ecosystem. These emerging startups are reshaping the economic landscape of Kano

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Sierra Leone gets first digital banking super app

On Techpoint Digest, we discuss Rwanda’s electric coaster bus, Aproko Doctor’s Awa Doc app, and Sierra Leone’s first digital banking super app.

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LG

LG Electronics Illuminates the Future of African Art at +234Art Fair

Where Art Meets Innovation: A Celebration of Culture, Technology, and Creative Patronage In a dazzling fusion of culture and technology,…