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News - Techpoint Africa
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Technology MTN and CSCS launch *7270# USSD code to make stock trading accessible

MTN a leading telecommunications company in Africa has partnered with the Central Securities Clearing System (CSCS) to launch a new USSD code *7270# in Nigeria. This code will allow investors to access their CSCS accounts and perform transactions such as buying and selling stocks checking balances and updating their account information. The partnership aims to make investing in the Nigerian stock market more accessible and convenient for both local and international investors. This move is part of MTNs efforts to expand its digital services and provide more financial solutions to its customers. The new USSD code is expected to enhance the efficiency and transparency of stock trading in Nigeria.

  • MTN a leading telecommunications company in Africa has partnered with the Central Securities Clearing System (CSCS) to launch a new USSD code *7270# in Nigeria.

    This code will allow investors to access their CSCS accounts and perform transactions such as buying and selling stocks checking balances and updating their account information.

    The partnership aims to make investing in the Nigerian stock market more accessible and convenient for both local and international investors.

    This move is part of MTNs efforts to expand its digital services and provide more financial solutions to its customers.

    The new USSD code is expected to enhance the efficiency and transparency of stock trading in Nigeria.

06 May, 2025
Technology MoneyFellows raises $13m to digitise traditional savings and expand beyond Egypt

MoneyFellows a fintech startup based in Egypt has raised $10 million in a pre-Series C funding round. The round was led by Dubai-based venture capital firm Partech and saw participation from other investors such as Sawari Ventures 500 Startups and Disruptech Ventures. MoneyFellows offers a digital platform that allows users to create and join savings circles also known as rotating savings and credit associations (ROSCAs). The company plans to use the funding to expand its services to new markets enhance its technology and hire more talent. MoneyFellows has already seen significant growth in the past year and aims to further revolutionize the traditional ROSCA model.

  • MoneyFellows a fintech startup based in Egypt has raised $10 million in a pre-Series C funding round.

    The round was led by Dubai-based venture capital firm Partech and saw participation from other investors such as Sawari Ventures 500 Startups and Disruptech Ventures.

    MoneyFellows offers a digital platform that allows users to create and join savings circles also known as rotating savings and credit associations (ROSCAs).

    The company plans to use the funding to expand its services to new markets enhance its technology and hire more talent.

    MoneyFellows has already seen significant growth in the past year and aims to further revolutionize the traditional ROSCA model.

05 May, 2025
Technology I tried Cursor vs VSCode for vibe coding; here’s my review

Cursor and VSCode are two popular code editors used by developers. While they have similar features there are some key differences that make each one unique. Cursor a newer code editor has a modern and sleek interface with features like live collaboration and a built-in terminal. On the other hand VSCode has been around longer and has a larger community making it more customizable with a wide range of extensions. Both editors have their strengths and weaknesses and it ultimately comes down to personal preference and the specific needs of the developer. Vibe coding a new concept combines the best of both editors for a seamless coding experience.

  • Cursor and VSCode are two popular code editors used by developers.

    While they have similar features there are some key differences that make each one unique.

    Cursor a newer code editor has a modern and sleek interface with features like live collaboration and a built-in terminal.

    On the other hand VSCode has been around longer and has a larger community making it more customizable with a wide range of extensions.

    Both editors have their strengths and weaknesses and it ultimately comes down to personal preference and the specific needs of the developer.

    Vibe coding a new concept combines the best of both editors for a seamless coding experience.

05 May, 2025
Technology Flutterwave CTO Gurbhej Dhillon exits company after three years

Flutterwave a Nigerian fintech startup has announced the departure of its Chief Technology Officer Opeyemi Olanipekun Dhillon. Dhillon joined the company in 2017 and played a crucial role in its growth and success. His exit comes at a time when Flutterwave has recently raised $170 million in a Series C funding round making it Africas second most valuable startup. Dhillons departure has been described as amicable and he will continue to support the company as an advisor. This news has raised questions about the future direction of Flutterwaves technology and the impact it will have on the companys growth and innovation.

  • Flutterwave a Nigerian fintech startup has announced the departure of its Chief Technology Officer Opeyemi Olanipekun Dhillon.

    Dhillon joined the company in 2017 and played a crucial role in its growth and success.

    His exit comes at a time when Flutterwave has recently raised $170 million in a Series C funding round making it Africas second most valuable startup.

    Dhillons departure has been described as amicable and he will continue to support the company as an advisor.

    This news has raised questions about the future direction of Flutterwaves technology and the impact it will have on the companys growth and innovation.

02 May, 2025
Technology MTN breach not a glitch but a hack with demands

The recent data breach at MTN one of Africas leading telecommunications companies was not a simple glitch but a deliberate hack with demands. The breach which affected personal information of some of MTNs customers was carried out by a group of hackers who are now demanding a ransom in exchange for not publicly releasing the stolen data. This incident highlights the importance of cybersecurity for companies especially in the telecommunications industry where sensitive personal information is constantly being transmitted. It also serves as a warning for other companies to strengthen their security measures to prevent similar attacks in the future.

  • The recent data breach at MTN one of Africas leading telecommunications companies was not a simple glitch but a deliberate hack with demands.

    The breach which affected personal information of some of MTNs customers was carried out by a group of hackers who are now demanding a ransom in exchange for not publicly releasing the stolen data.

    This incident highlights the importance of cybersecurity for companies especially in the telecommunications industry where sensitive personal information is constantly being transmitted.

    It also serves as a warning for other companies to strengthen their security measures to prevent similar attacks in the future.

01 May, 2025
Technology Bolt will now allow users to book electric tricycles in Lagos

Bolt the popular ride-hailing service has announced the launch of electric tricycles in Kenya Nigeria and South Africa. These tricycles also known as e-Tuktuks are a more environmentally friendly alternative to traditional gas-powered vehicles as they produce zero emissions. Bolt plans to initially roll out a few hundred e-Tuktuks in each country with the goal of eventually replacing their entire fleet with electric vehicles. This move aligns with Bolts commitment to sustainability and reducing their carbon footprint. The company also hopes to provide more affordable transportation options for customers and create job opportunities for drivers in the growing electric vehicle market.

  • Bolt the popular ride-hailing service has announced the launch of electric tricycles in Kenya Nigeria and South Africa.

    These tricycles also known as e-Tuktuks are a more environmentally friendly alternative to traditional gas-powered vehicles as they produce zero emissions.

    Bolt plans to initially roll out a few hundred e-Tuktuks in each country with the goal of eventually replacing their entire fleet with electric vehicles.

    This move aligns with Bolts commitment to sustainability and reducing their carbon footprint.

    The company also hopes to provide more affordable transportation options for customers and create job opportunities for drivers in the growing electric vehicle market.

30 Apr, 2025
Technology MTN Nigeria records ₦133.7b profit in Q1 2025; first since 2023

MTN Nigeria the largest telecommunications company in Nigeria has reported a profit of 133.7 billion naira in its financial results for the first half of 2021. This is a significant increase from the same period last year where the company reported a profit of 94.9 billion naira. The increase in profit can be attributed to the growth in its subscriber base which has reached 76.5 million and an increase in data usage by its customers. Despite the challenges posed by the COVID-19 pandemic MTN Nigeria has continued to thrive and remains a dominant player in the Nigerian telecommunications market.

  • MTN Nigeria the largest telecommunications company in Nigeria has reported a profit of 133.

    7 billion naira in its financial results for the first half of 2021.

    This is a significant increase from the same period last year where the company reported a profit of 94.

    9 billion naira.

    The increase in profit can be attributed to the growth in its subscriber base which has reached 76.

    5 million and an increase in data usage by its customers.

    Despite the challenges posed by the COVID-19 pandemic MTN Nigeria has continued to thrive and remains a dominant player in the Nigerian telecommunications market.

30 Apr, 2025
Technology Exhibitor Spotlight SmarthiveSMS is set to power business communications at Lagos Startup Expo 2.0

SmartHiveSMS is a Lagos-based startup that aims to revolutionize the way businesses communicate with their customers through SMS. They recently showcased their innovative platform at the Lagos Startup Expo where they demonstrated how their technology can help businesses reach and engage with their target audience more effectively. The platform offers features like personalized messaging automated responses and analytics making it a valuable tool for businesses looking to improve their customer communication and engagement. With the increasing use of mobile phones in Nigeria SmartHiveSMS has the potential to make a significant impact in the business world and drive growth for companies in the region.

  • SmartHiveSMS is a Lagos-based startup that aims to revolutionize the way businesses communicate with their customers through SMS.

    They recently showcased their innovative platform at the Lagos Startup Expo where they demonstrated how their technology can help businesses reach and engage with their target audience more effectively.

    The platform offers features like personalized messaging automated responses and analytics making it a valuable tool for businesses looking to improve their customer communication and engagement.

    With the increasing use of mobile phones in Nigeria SmartHiveSMS has the potential to make a significant impact in the business world and drive growth for companies in the region.

29 Apr, 2025
Technology 10 best free legal sites to watch TV series online in 2025

Techpoint Africa has compiled a guide on free websites where users can watch TV series online. The guide includes a list of 10 websites that offer free streaming of TV series without the need for a subscription or payment. These websites offer a wide range of TV series from popular shows to lesser-known ones in various genres. Some of the websites also allow users to download episodes for offline viewing. The guide also provides information on the features and limitations of each website helping users choose the best option for their needs. This guide is a useful resource for anyone looking to watch TV series for free online.

  • Techpoint Africa has compiled a guide on free websites where users can watch TV series online.

    The guide includes a list of 10 websites that offer free streaming of TV series without the need for a subscription or payment.

    These websites offer a wide range of TV series from popular shows to lesser-known ones in various genres.

    Some of the websites also allow users to download episodes for offline viewing.

    The guide also provides information on the features and limitations of each website helping users choose the best option for their needs.

    This guide is a useful resource for anyone looking to watch TV series for free online.

23 Apr, 2025
Technology Nigerians did not lose $822 million to CBEX as total deposits are estimated to be about $6.1 million

Nigerians have suffered significant losses due to the Central Bank of Nigerias (CBN) foreign exchange (forex) policies. These policies have made it difficult for businesses to access forex leading to a shortage of essential goods and services. The restrictions on forex have also affected the countrys economy with many businesses struggling to stay afloat and some even closing down. This has resulted in job losses and a decrease in the purchasing power of Nigerians. Additionally the CBNs policies have caused a decline in foreign investments and have deterred foreign companies from doing business in Nigeria. Overall the CBNs forex policies have had a negative impact on the Nigerian economy and its people.

  • Nigerians have suffered significant losses due to the Central Bank of Nigerias (CBN) foreign exchange (forex) policies.

    These policies have made it difficult for businesses to access forex leading to a shortage of essential goods and services.

    The restrictions on forex have also affected the countrys economy with many businesses struggling to stay afloat and some even closing down.

    This has resulted in job losses and a decrease in the purchasing power of Nigerians.

    Additionally the CBNs policies have caused a decline in foreign investments and have deterred foreign companies from doing business in Nigeria.

    Overall the CBNs forex policies have had a negative impact on the Nigerian economy and its people.

16 Apr, 2025
Technology Minimum share capital for foreign companies in Nigeria What you need to know

Learn about the minimum share capital for foreign companies in Nigeria. We break down key regulatory requirements practical implications and best practices.

  • Learn about the minimum share capital for foreign companies in Nigeria.

    We break down key regulatory requirements practical implications and best practices.

15 Apr, 2025
Technology 6 in-demand tech skills to learn without coding in 2025

Want to thrive in tech without coding? Discover the top 6 in-demand tech skills for 2025 including data analysis UI/UX cybersecurity and more.

  • Want to thrive in tech without coding? Discover the top 6 in-demand tech skills for 2025 including data analysis UI/UX cybersecurity and more.

11 Apr, 2025