Dark loan apps and Bosun Tijani’s tricky path

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

Register to attend the Modern Workplace Africa Conference: https://modernworkplaceafrica.com/

Subscribe to The Workaholic - https://techpoint.africa/subject/work/

and

Fintech Today - https://techpoint.africa/subject/fintech/

and

Techpoint Digest - https://techpoint.africa/subject/techpoint-digest/

and

Intellligence by Techpoint's newsletter -https://intelligence.techpoint.africa/newsletter-signup/

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 podcast@techpoint.africa. Visit www.techpoint.africa/ for more stories.

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

Show Notes

Other Episodes

Episode

Flutterwave pivoting to eCommerce?

Episode

NCC to regulate social media, $10m fund for African startups

Episode 113

Justice for the scammed