MFS Africa $200m Series C, TZ MoMo fee review and Uganda's first satellite
Letter 119 covers MFS Africa's $200 million Series C, MOMO transaction fee reduction in Tanzania, and Uganda's first satellite.
USSD for eNaira, Gozem & IFC $10m fund, Kenya's ridiculous ICT Bill
BD Insider, Letter 118: USSD code for eNaira, Gozem & IFC $10m fund, and Kenya's Bill to dictate who can be a "tech bro or sis".
🏦 Online transfers of ₦1 million by individuals require an indemnity
You can't transfer more than ₦1m without an indemnity signed with your bank. Other news like Zipline in Kaduna. And Swvl's crisis-induced pause in Kenya are contained in this letter.
BD Insider: Rida and inDriver are not licensed to operate in Lagos
BD Insider, #116 covers Lagos state's denouncement of inDriver and Rida as “unlicensed” operators, Starlink's approval by Nigeria and Mozambique.
BD Insider 115: 🤫 Prediction on Open Banking Guidelines Timeline
BD Insider 114: ⏰Timeline of the SEC's crypto stance
🏦 What do the CBN and Bank of Uganda have in common?
BD Insider: Y Combinator has invested in 95 African startups, as of March 2022 — Report
In this letter, we covered Y Combinator's activities in Africa since 2009 and Nigeria telcos' proposal for a 40% tariff hike.
BD Insider: Flutterwave responds to 86fb/86z's allegations of maliciously freezing and extorting its funds
In this letter, we covered Meta's response to allegations of poor work conditions at its contractor’s hub in Kenya and Flutterwave's response to 86fb/86z allegations
BD Insider: How the University of Johannesburg is using blockchain to fight certificate fraud
In BD Insider, Letter 110, we covered the University of Johannesburg's plan to issue blockchain-based certificates for graduates and YC’s most valuable African startups.