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Editor’s Note
- Week 23, 2023
- Read time: 5 minutes
Hello whats up everybody 👋🏾
While you agree in for the lengthy weekend, learn a couple of of this week’s most fascinating tech tales from the house entrance and overseas
Pamela Tetteh Editor, TechCabal.
Editor’s Picks
Binance is illegal in Nigeria
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Is Tingo a rip-off?Tingo seems to be tango-ing in an online of lies. Hindenburg analysis group accused the NASDAQ-listed agri-fintech firm of being an “exceptionally obvious scam.” Learn extra. |
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Twiga prunes its workersTwiga Foods is saying “Go big or go home.” Last 12 months, the agritech fired 211 full-time salespersons and changed them with “free agents”. There are additionally 2000 folks ready in line to interchange these free brokers if Twiga fires them for underperforming. Learn extra. |
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MTN is set to go off-gridTelecom operator MTN is in search of a manner out of South Africa’s load shedding because the nation’s energy instability is taking a toll on its enterprise. Now the yellow telco is getting ready to go inexperienced with off-grid renewable vitality. ADVERTISEMENT Learn extra. |
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Mara’s second layoff
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Bolt affords the drivers on strike additional cash
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Chipper Cash lays off COO
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Tinubu suspends CBN governor
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Nigerian banks get a reduction
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Jumia goes offlineJumia is going offline in rural areas. On its eleventh anniversary, the ecommerce firm introduced that will probably be increasing its offline gross sales mannequin (J-force) to rural areas in Uganda. Learn extra. |
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Another expensive AppleApple unveiled a mind-blowing blended actuality and 3D digital camera headset this week. It prices $3499, so don’t begin digging into your sofa cushions for free change. Good factor it received’t come out until 2024; you can begin saving now.
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Who introduced the cash this week?
- This week, Helium Health, a Nigeria-based well being tech firm, acquired $30 million in Series B funding in a spherical led by AXA IM Alts.
- Nigerian logistics firm Haul247 raised $3 million in seed funding. The spherical was led by Alitheia Capital, with participation from Investment One.
…. to be continued
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