Dark loan apps and Bosun Tijani’s tricky path

Techpoint Africa Podcast

This episode is also available on YouTube - https://youtu.be/nfxZvQWDSJ0

Today on the Techpoint Africa Podcast, our reporters share their insights, opinions and knowledge on the top stories in the African tech space this week.

The stories:

• MTN South African branch to pay $5.2 million before H2 2023
• Mastercard acquires minor stake in MoMo
• Jumia records reduction in losses in Nigeria
• Jumia may unroll new services in Egypt
• Loan apps' agents reveal companies' unethical practices
• Bosun Tijani has been confirmed as minister of communications and digital economy

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Timestamps

00:00 - Intro

00:42 - Jagun Jagun and Nigeria's VFX industry
03:40 - MTN South Africa to pay R1.9 billion and Mastercard acquires stake in MoMo
13:05 - Jumia records decline in operating loss
18:58 - Jumia could be launch BNPL services in Egypt
21:54 - Loan agents disbursing unwanted loans
34:33 - Bosun Tijani appointed Nigeria's Minister of Communications and Digital Economy
38:47 - Other stories

Useful links

• MTN South Africa to pay R1.9 billion
• Mastercard to acquire a slice of MTN's $5.2 billion fintech unit
• Jumia records 54% decline in operating loss in Q1 2023
• Jumia could soon roll out buy now, pay later solution in Egypt
• How we are forced to disburse loans to people that didn’t apply – Loan app agents
• Daunting tasks ahead as Bosun Tijani is confirmed minister of communications, innovation, and the digital economy
• Court bars Worldcoin from collecting data from Kenyans
• TikTok ban in Kenya?
• Uber denies drivers' involvement in attacks
• Takealot to launch an on-demand service
• Safaricom will raise M-PESA users' daily transaction caps to support SMEs in Kenya
• Following M-PESA's lead, Kenya's Airtel Money has increased daily transaction limits

This episode was produced by Gracious Sede

Email us your feedback at [e-mail]. Visit www.techpoint.africa/ for more stories.

Music - Beach by MBB - https://www.youtube.com/watch?v=dEnQ8dHwDSk