Techpoint Africa Podcast Techpoint Africa
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The Techpoint Africa Podcast brings you the most important stories of the week on startups, technology and innovation in Africa.
Listen in every Thursday afternoon (WAT). You can find us on Apple Podcasts, Google Podcasts, Spotify, Stitcher, TuneIn or anywhere else you get your podcasts
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How Nigeria can use crypto companies to its advantage
Our guest on today's podcast is Ray Youssef, CEO, NoOnes. We discuss Nigeria's recent clampdown on Binance and crypto and what happened with his last company, Paxful.
But before that, we highlight a few stories from this week.
BuuPass acquires QuickBus
CBN stops Moniepoint, Kuda, OPay from opening new accounts
MTN Nigeria records first loss since 2021 IPO
Link to Insight of the Week: https://intelpoint.co/insights/mtn-nigeria-recorded-its-first-loss-in-2023-since-its-initial-public-offering/
Subscribe to The Modern Workplace/, Equity Merchants/, Techpoint Digest/ and Intelpoint's newsletter/
Timestamps
00:00 - Intro
Recap of the news
Thoughts on the clampdown
Did P2P really cause the fall of the naira?
Did Binance make money from P2P?
Is the Nigerian government justified in going after Binance?
The real numbers for crypto in Nigeria
Consequences of the clampdown
The real crypto scammers
The double-edged sword of licencing requirements
NoOnes' role
The importance of P2P
What went wrong with Paxful
How NoOnes will redeem the Paxful failure
Possible challenges for NoOnes
Outro
Useful links
Kenyan BuuPass acquires QuickBus to expand to Nigeria and South Africa
CBN stops account openings for Kuda, Moniepoint, OPay
Q1 2024: MTN Nigeria's userbase sinks, loses ₦656.4 billion in foreign exchange
This episode was produced by Ogheneruemu Oneyibo
Email us your feedback at podcast@techpoint.africa. Visit www.techpoint.africa/ for more stories.
Music - Beach by MBB -
https://www.youtube.com/watch?v=dEnQ8dHwDSk
Find us on Twitter, Facebook, Instagram, and TikTok @TechpointAfrica -
Thepeer: How to properly shutdown an ailing startup
Our guest on today's podcast is Rosemond Phil-Othihiwa, Corporate and Startup Lawyer. She joins us as we discuss:
The Thepeer audit
South Africa's approved crypto asset providers
Nigeria's first multilingual LLM
Link to Insight of the Week: https://intelpoint.co/insights/only-once-have-nigerian-fintech-startups-raised-more-than-1-billion-in-a-single-year/
Subscribe to The Modern Workplace/, Equity Merchants/, Techpoint Digest/ and Intelpoint's newsletter/
Timestamps
00:00 - Intro
00:22 - The Thepeer audit
22:21 - South Africa's approved crypto asset providers
31:24 - Nigeria's first multilingual LLM
Useful links
Nigeria launches first multilingual LLM after drafting initial National AI Strategy
Thepeer investors request audit following shutdown
Regulator confirms approved crypto asset providers for licencing in South Africa
This episode was produced by Ogheneruemu Oneyibo
Email us your feedback at podcast@techpoint.africa. Visit www.techpoint.africa/ for more stories.
Music - Beach by MBB -
https://www.youtube.com/watch?v=dEnQ8dHwDSk
Find us on Twitter, Facebook, Instagram, and TikTok @TechpointAfrica
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How Pula wants to insure farmers against bandits
Our guest on today's podcast is Temitope Adeyemi, CEO and Founder, insurtech startup, Pay-U. He joins us as we discuss:
Pula's $20m raise
Starlink's troubles in Africa
Lessons from building Konga by Sim Shagaya
Link to Insight of the Week: https://intelpoint.co/insights/multichoices-revenue-has-been-growing-at-an-average-of-4/
Download Intelpoint's The Nigerian Insurance Industry report here
Listen to the episode where we first talked about Sim Shagaya's VC foray: https://podcast.techpoint.africa/episodes/tap-218
Subscribe to The Modern Workplace/, Equity Merchants/, Techpoint Digest/ and Intelpoint's newsletter/
Timestamps
00:00 - Intro
03:16 - Pula's $20m raise
27:26 - Starlink's troubles in Africa
35:01 - Lessons from building Konga by Sim Shagaya
Useful links
Kenya’s Pula gets $20 million Series B to offer insurance to 100 million farmers in Africa
Telecom regulator orders Starlink to cut off subscribers in Zimbabwe
Starlink to disconnect subscribers in Ghana, South Africa, Botswana
Inside Sim Shagaya's mission to fund and support resilient African entrepreneurs
Sim Shagaya on lessons learnt building Konga
This episode was produced by Ogheneruemu Oneyibo
Email us your feedback at podcast@techpoint.africa. Visit www.techpoint.africa/ for more stories.
Music - Beach by MBB -
https://www.youtube.com/watch?v=dEnQ8dHwDSk
Find us on Twitter, Facebook, Instagram, and TikTok @TechpointAfrica
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How Zimbabwe's gold-backed currency will work
On guest on today's podcast is Dr Olumide Okubadejo, Head of Product at Sabi and AI researcher. We discuss:
Africa's AI strategy
Zimbabwe's gold-backed currency
Jump n' Pass partnering Justrite
Subscribe to The Modern Workplace/, Equity Merchants/, Techpoint Digest/ and Intelpoint's newsletter/
Timestamps
00:00 - Intro
02:13 - Africa's AI strategy
22:51 - Zimbabwe's gold-backed currency
33:13 - Jump n' Pass partners Justrite
Useful links
Zimbabwe just introduced a new gold-backed currency in an attempt to fight inflation and wean off the US dollar
Paul Graham "delve" debate highlights 3 reasons Africa needs its own AI strategy/
Self-checkout startup, Jump n Pass, partners Justrite to activate queue-jumping service/ across all its stores in Nigeria
This episode was produced by Ogheneruemu Oneyibo
Email us your feedback at podcast@techpoint.africa. Visit www.techpoint.africa/ for more stories.
Music - Beach by MBB - https://www.youtube.com/watch?v=dEnQ8dHwDSk
Find us on Twitter, Facebook, Instagram, and TikTok @TechpointAfrica -
Why are e-hailing companies sharing your data with the government?
On today's podcast, we discuss:
Thepeer's shutdown
Sim Shagaya's VC foray
Edo State's API for ride-hailing operators
Subscribe to The Modern Workplace/, Equity Merchants/, Techpoint Digest/ and Intelpoint's newsletter/
Timestamps
00:00 - Intro
00:50 - Thepeer shutdown
10:34 - Sim Shigaya's VC foray
15:06 - Edo State's API for ride-hailing operators
Useful links
Thepeer announces shutdown, citing compliance struggles; investor funds to be returned
Sim Shagaya enters venture capital space with “The Honey Badger Fund ”
Edo State to introduce API integration for Bolt, Uber and other e-hailing operators
This episode was produced by Ogheneruemu Oneyibo
Email us your feedback at podcast@techpoint.africa. Visit www.techpoint.africa/ for more stories.
Music - Beach by MBB - https://www.youtube.com/watch?v=dEnQ8dHwDSk
Find us on Twitter, Facebook, Instagram, and TikTok @TechpointAfrica -
NFTs didn't die, here's what happened
Today's podcast is all about Non-fungible tokens (NFTs) and we have Michael Ugwu, NFT Collector, Angel Investor, and CEO Freeme Digital as our guest.
2021 was the year of NFTs, but once the bear run started, the rave died down. But the real question is, are NFTs dead? Michael answers this and more on today's episode of the Techpoint Africa Podcast.
Subscribe to The Modern Workplace/, Equity Merchants/, Techpoint Digest/ and Intelpoint's newsletter/
Timestamps
00:00 - Intro
02:47 - We meet Michael
04:25 - How big an investment NFTs were
07:32 - How transformational NFTs were to the art space in Africa
09:27 - What happened to NFTs?
13:13 - What's happening in the Alpha Chart market?
15:22 - Can NFTs be separated from crypto?
17:21 - The problem with the last cycle and NFTs
18:20 - Should creative people still turn their work into NFTs?
20:35 - Decentralisation unlocking more innovation
25:18 - Music and the NFT space
29:14 - NFTs do well when people get crypto rich
33:21 - The slogan for this year's bull run
Useful links
MTN contemplates tariff hike to regain $101 million in forex losses
Netflix subscribers in Nigeria to pay more from April 1, 2024
Commercial Bank of Ethiopia recovers $10 million from its $14 million system glitch loss
This episode was produced by Ogheneruemu Oneyibo
Email us your feedback at podcast@techpoint.africa. Visit www.techpoint.africa/ for more stories.
Music - Beach by MBB - https