Fewer fact-checkers for Nigeria’s election

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Editor’s Observe

Week 08, 2023
Learn time: 5 minutes

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On this version, we’ve obtained updates from Kenya, Ethiopia, and Angola. We even have information from Nigeria, the place the locals are flexing their democratic muscle groups and casting their ballots within the basic elections.

Hold scrolling for all of the deets!

Pamela Tetteh Editor, TechCabal.

Editor’s Picks

	Fewer factcheckers for Nigeria’s elections Social media platforms appear to be taking a ‘hands-off’ strategy to pretend information, by letting go most of their content material moderators. How will this have an effect on the overall elections getting in Nigeria? Learn more.
	China mines lithium in Nigeria Kaduna, a state in northern Nigeria with important lithium deposits, has chosen China’s Ming Xin Mineral Separation Nig Ltd to construct the nation’s first lithium-processing plant, with a plan to supply batteries for electrical automobiles (EVs). Kaduna’s future is trying vivid and electrical! Learn more.
	Kenya to ban IPv6 units Kenya is banning the sale of units that may’t deal with IPv6 from July 2023. This implies no extra historical IPv4 addresses for cellphones, computer systems, printers, and scanners. Learn more.
	Sonatel discovers a $200,000 hack Notorious hacker Massa Diouf dialled up some hassle and swiped CFA143 million ($200,000) from Senegalese telco chief Sonatel.The cyber theft was perpetuated by way of the cell cash app Andadoo. Learn more.
	Starlink enters Rwanda Appears to be like like Starlink is connecting extra dots in Africa! This week, the web service supplier lit up Rwanda’s digital skyline. This thrilling improvement comes on the heels of Starlink’s official launch in Nigeria a couple of weeks in the past. Learn more.
	Bolt’s Nigerian layoffs Appears to be like like Bolt’s guarantees in Nigeria hit a velocity bump! The ride-hailing firm just lately laid off 17 out of its 70-man workforce, simply days after promising to inject a contemporary $500 million into its African operation. Learn more.

Report: Developments in verification and onboarding

Uncover the most recent developments in id verification and person onboarding throughout Africa. Download our report to achieve invaluable insights on failed verification charges, well-liked verification channels, and extra.

	Kenya is in talks to legalise crypto The Kenyan Senate Standing Committee on Info, Communication, and Expertise is in talks with the Central Financial institution of Kenya to hash out insurance policies that can allow the nation to take a “byte” into the world of digital currencies. Learn more.
	Angola to speculate $89 million within the cloud The Angolan authorities has pledged to speculate $89 million for the implementation of the infrastructure of the Nationwide Cloud of Angola, in line with the nation’s ministry of telecommunications, info applied sciences and social communication. Learn more.
	One other Chippercash layoff Two months after shedding 12.5%—50 folks—of its workforce, fintech unicorn Chipper Money is imposing a second spherical of layoffs. Now, the startup has laid off one-third of its 350 employees—about 100 employees—throughout totally different departments. Learn more.
	Ethiopia’s $150 million licence charge Ethiopia is likely to be opening up its telco financial system, nevertheless it’s not doing so cheaply. Final week, the Nationwide Financial institution of Ethiopia proposed $150 million because the licence charge for all cell cash operators who wish to arrange store within the nation. Read more.

Who introduced the cash this week?

This week, South African automotive subscription startup, Planet42, raised $100 million in mixed fairness and debt funding to assist it speed up its enlargement.

Co-Creation Hub closed a brand new partnership with the Mastercard Basis beneath the Mastercard Basis Ed-Tech Fellowship Programme to launch a $15 million ed-tech accelerator initiative in Kenya and Nigeria.

Tanzanian agritech startup BioBuu received $200,000 in seed funding from the GIIG Africa Fund.

Jumba, a B2B building startup based mostly in Kenya, raised $4.5 million in funding in a spherical led by LocalGlobe. Different contributors embody Enza Capital, Foundamental, Seedstars Worldwide Ventures, Logos Ventures, SpeedInvest, First Verify Africa, and Alumni Angel Community.