Let me say this first:
I haven’t dealt with any server, security or payment issues for the past (almost) three years since Techloy temporarily moved to the Medium platform, which by the way was one of the reasons I decided to move the 10 year-old tech blog, apart from its massive audience, minimalist approach to writing and content engagement.
That has really been a huge relief while I focused on reassessing the blog’s content direction for the future. Thanks to Anibe (my technical partner for the past ten years) for the recommendation and support over the years.
Yesterday, news broke that Nigeria’s mobile payments startup, Paga has raised $10 million in Series B2 funding, led by the Global Innovation Fund, bringing the total investment the company has raised since 2009 to $35 million.
The funding round is expected to further accelerate its growth in Nigeria and help it expand globally into other markets such as Ethiopia, Mexico and the Philippines.
If you were wondering why Paga chose to launch in those three countries located in three different continents — Africa, South America and Asia — the company explained in a Medium blog post that the problem it…
Young people, they say, are future leaders.
While some may argue to the contrary, especially in politics, there’s no doubt that young people are leading in the technology, entertainment and fashion sectors.
Despite the ravaging economic recession, resulting to the second highest unemployment rate ever in Nigeria within the past ten years (18.8% as at Q3, 2017) and the little or no educational training on the skills and careers of the future, the youth have continued to be resilient and determined to go against the tide and buck the trend.
Over 27 million Nigerian youths were unemployed, according to the…
If you sell items on social media from fashion to health care products, but find it difficult to organise them in one place, take orders and measure what your customers like to buy, a new service called Fleek.bio is launching soon to make sales easy and fun.
Fleek.bio describes itself as a cool and easy way to set-up an automatic website for things you’re selling on Instagram, Facebook or any other social media platform.
Once you sign up to Fleek.bio (not sure why that name, though), you can start adding items of what you’re selling with pictures, quantity, price, etc…
Kenya’s communications authority chief has said that the country is planning to roll-out 5G network in 2019.
According to him, the new technology will aid in the roll-out of artificial intelligence and blockchain technology.
Yeah, these are the latest buzzwords, by the way.
While it sounds exciting, it is worthy of mention that at the moment, telcos in Kenya and by large, Africa are still struggling to deliver 3G and 4G network services to their customers.
Also, most of these telcos are yet to provide coverage to at least 70% of the region, country or province/state where they operate.
The Communications Authority of Kenya (CA) plans to start the roll-out of a 5G network in 2019, once the International Telecommunication Union allocates the necessary bandwidth, also in 2019. CA director general Francis Wangusi said the new technology will aid in the roll-out of artificial intelligence and blockchain technology.
My thoughts: At the moment, African telcos are still struggling to deliver 3G and 4G network services and are yet to provide coverage to at least 70% of the region, country or province/state where they operate. These regulators should just focus on making telecom operators improve the quality of their existing products and services, rather than encourage them to have a “me-first” approach to adopting new technologies.
This week, news broke that Kenya’s country code top-level domain name (TLD) administrator, Kenya Network Information Centre (KeNic) would be introducing their second TLD, which is .ke, thus birthing the possibility of custom domains such as ni.ke, mi.ke and bi.ke.
According to Techweez, KeNic has a total of 913 domains in the auction with the highest bid being Ksh.1,000,004.00 (about $9,700 USD) for the custom domain name, ni.ke, which begs the question:
Will Nike Inc. purchase the ni.ke premium domain for about $10,000?
In my opinion, $10,000 for a premium domain such as ni.ke is a steal. It should be…
Since Paga launched, its mission has been to deliver financial services to the mass market and has continued to innovate with solutions tailored to the banked and unbanked in Nigeria.
But while this appears to be a long-term project, it has sought to experiment with customer-focused solutions to the age-old telco-driven digital goods business model which essentially takes the larger (70%) share of revenues accruable on mobile apps and services.
Techloy.com, the 10 year-old technology blog which has built a reputation as the best site covering the African tech scene, is now on the verge of becoming a full-fledged data-driven technology media and research company providing reliable news and insights about Africa.
Since June 2017, Techloy moved to the Medium platform, due to constant issues around hosting, payments and security threats.
“We are bloggers and just want to focus on writing daily about the stories that matter and the startups that make things happen, rather than handle server and security issues…
Data Journalist @techloy focused on producing visual insights into news stories in tech, business, entertainment and sports. Gmail: loy.okezie