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News - techpoint africa

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As part of its ongoing efforts to boost efficiency in financial operations the Nigerias central bank has launched a naira payment solution for government agencies which is projected to improve turnaround time by 70%.

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Today on Techpoint Digest we discuss the NCCs proposal to increase telecom tariffs by 30-60% all social media platforms in Kenya to open physical offices and Nigerias launch of a NIN-enabled farmer registry.

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Kenya has mandated that all social media companies establish physical offices in the country. This move follows the governments commitment to take action against those misusing social media to defame public leaders and spread harmful content.

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Selar paid out ₦9.8 billion to creators in 2024. The company has consistently doubled its payout figures over the past two years.

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Egypt takes the lead in Africas renewable energy race with a $30 million boost from the OPEC Fund powering the continents largest onshore wind farm and creating waves of economic growth.

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In the quest to fuel digital transformation NigComSat has partnered with Eutelsat to deploy LEO satellites which will bringing high-speed low-latency internet to underserved regions in Nigeria and Africa.

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Nigerias headline inflation has been on the rise for months with no clear indication of a slowdown. This has contributed to its recent fall from grace as Africas largest economy.

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Today on Techpoint Digest we discuss Telcos disconnecting USSD codes for 9 banks in Nigeria Purple Elephant Ventures $4.5M and DOB Equitys bet on Spouts.

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After securing a grant from the US government to support its 90000km fibre optic network Nigeria has gotten a $500m pledge from the World Bank to support the expansion.

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Purple Elephant Ventures (PEV) has raised $4.5 million in seed funding to revolutionise African tourism through innovation.

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Under its revamped strategy DOB Equity has announced its first investment in Spouts International a Ugandan company revolutionising access to clean water through its innovative ceramic water filters.

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FARO a South African startup has secured $6 million in funding to make fashion more affordable while tackling textile waste across Africa.

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The National Bureau of Statistics (NBS) today restored its online operations after almost four weeks of downtime due to a cyber attack. Moments after the