This Week: Nigeria rejects new tax legislation

Editor’s Be aware

Week 37, 2022
Learn time: 5 minutes

This week, Damilare appeared into Y Combinator’s six-year document with gender parity within the startups it has backed. What do the numbers say concerning the women-led startups which have made it to YC? You wish to discover out!

Keep secure this weekend.

Kelechi Njoku,
Senior Editor, TechCabal.

Editor’s Picks

	60 African startups obtain $4 million from Google Google has given $4 million funding to 60 African startups with no monetary strings hooked up. The equity-free funding was granted to startups led by Africans from 10 African international locations. Get more details
	Uganda passes Laptop Misuse Invoice The greenback invoice could be the one invoice Africans belief. Uganda has handed a controversial Laptop Misuse Invoice that guarantees nationwide cohesion and cybersecurity however threatens free speech and digital rights. Learn more.
	Nigeria pressures MultiChoice Nigerians might need to wave goodbye to Large Brother Naija. The federal government has requested MultiChoice to provide Nigerians a pay-as-you-view choice because the month-to-month bundles are turning into dearer. Find out more.
	Little goes electrical in Kenya Tremendous app Little is making huge electrical strikes in Kenya; gasoline is scarce and costly. Petrol automobiles are inflicting air air pollution, sickness, and demise. Little has launched electrical bicycles and scooters to provide Kenyans an environmentally and pocket-friendly choice. Learn how they work.
	South Africa to get free WiFi from TikTok Irrespective of how a lot time ticks and tocks away, South Africans can spend extra time on TikTok with out spending a single rand on knowledge. The social media platform is piloting free WiFi at 50 choose hotspots throughout the nation. Learn where the hotspots are.

	Showmax will get a Nigerian normal supervisor MultiChoice’s streaming platform ShowMax has appointed Opeoluwa Filani as its first normal supervisor in Nigeria. Filani has held senior administration roles for 16 years. Earlier than becoming a member of Showmax, he was nation gross sales director at promoting firm JCDeaux. Read what MultiChoice said about him.

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Walmart and Amazon conflict looms in SA

Two warring American giants are coming to South Africa. Walmart is increasing to Kenya by way of the acquisition of Massmart, whereas Amazon is launching a multi-million greenback market within the nation. A battle for market dominance looms.

Learn more.

Nigeria rejects new tax legislation

Nigerians have dodged a ~~bullet~~ tax. The Nigerian authorities has halted a brand new telecommunications tax in its tracks. The tax, a 5% levy on high of the present 7.5% value-added tax, was supposed to enter impact this yr.

Find out why it was halted.

Is Y Combinator a person’s world?

The Google Black Founders Fund for Africa launched final yr however has already achieved gender equality. This yr, half of its grantees have been women-led startups. Y Combinator, then again, stays dominated by male-led startups regardless of its management speaking about gender variety for six years now.