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In June 2025 TechCabal reported that the Nigerian government was planning to launch a new database that would collect citizens personal information including their names and debts. The database was intended to help the government track and manage debtors but it raised concerns about privacy and data protection. Some experts pointed out that the database could be used for political purposes and could potentially violate citizens rights. Others argued that it could also help improve the countrys credit system and reduce fraud. The government defended the database stating that it would only be used for debt management and not for political gain.

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The Nigerian government has announced that starting from 2022 all citizens will be required to link their National Identification Number (NIN) to their borrowing history in order to access loans from financial institutions. This decision is aimed at improving the countrys credit system and reducing the high rate of non-performing loans. The NIN is a unique identification number that is linked to an individuals biometric data and personal information. This move is expected to promote financial inclusion and increase transparency in the lending process. However some citizens have expressed concerns about the security and privacy of their personal information.

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Starlink has quietly resumed operations in Kenya. Kenyans in affected regions can now activate their Starlink kits after a seven-month pause.

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In the past month Silverbacks has secured two exits by selling part of its shares in Lemfi a 29x return and Omniretail a 5x return.

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Luno the crypto company which operates in Nigeria and South Africa has relaunched in Kenya ten years after exiting the market in 2014.

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After more than seven months of blocking new users Starlink is taking fresh sign-ups in Nairobi and other parts of Kenya.

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IXPN is currently aiming to keep 80% of Nigerias internet traffic within national borders by 2030 through collaborations...

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Chowdeck acquires POS startup Mira to deepen restaurant integration expand revenue streams and extend its reach beyond delivery in Africas challenging logistics market.

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At its first community meeting post MainOne acquisition Equinix said it is in Nigerias telecom space to enable and not to compete

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PaidHR has raised a $1.8 million seed round. This completes PaidHRs fundraising which began with a $1.5 million target in October 2024.

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What exactly are we solving for and how are our customers finding value in our products despite institutional voids?

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In June 2025 TechCabal reported that the Nigerian government was planning to launch a new database that would collect citizens personal information including their names and debts. The database was intended to help the government track and manage debtors but it raised concerns about privacy and data protection. Some experts pointed out that the database could be used for political purposes and could potentially violate citizens rights. Others argued that it could also help improve the countrys credit system and reduce fraud. The government defended the database stating that it would only be used for debt management and not for political gain.

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Axel Peyriere recounts how Auto24 went from being a lean network of 45 classified websites to an asset-heavy used car marketplace.