Nigeria Fibre: the clock starts now — but 90km a day is a brutal target
Incorporating Bridge Open Access is real. A legal entity can sign contracts, hire engineers, draw down financing. Yesterday it couldn't; today it can.
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The tech-investment stories moving Africa's markets — what moved, and why it matters.
Tue, Aug 11
Local Stablecoins: the cure that could worsen the disease
The intuition behind a rand-denominated or naira-denominated stablecoin is sound: give people a digital currency that doesn't bleed value into dollars.
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Plaude Collapse: the March 17 email is the most damning document in Nigerian fintech this year
Olatomiwa Idowu didn't disappear silently. He sent a written email on March 17 acknowledging $4.23 million still owed, naming the repayment account, and committing to tranches. Then he paid ₦140 million and went quiet.
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Yellow Card: Standard Chartered didn't come to help Africa — it came because Africa already worked
The institutions now backing Yellow Card aren't betting on a concept. They're buying into $10 billion already processed, 22 licences already held, 20-plus African countries already live.
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July's numbers: three-quarters of African startup funding now comes with a repayment schedule
Only $25.5 million of July's $102 million was equity. The rest was debt — money that has to be paid back, regardless of whether the business is growing.
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Nigeria Crypto Tax: the framework is outrunning the plumbing
Making crypto firms collect taxes on behalf of the government is a logical step. But Nigeria is now layering a tax-collection mandate on top of a licensing regime that still hasn't settled who's in charge.
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