Why does the Metaverse feel like an innovative lie?

Today on the Techpoint Africa Podcast, we discuss some of the happenings in the African tech space this week.

The stories:

• Kuda 602% loss in 2021
• Uber gets hacked by an 18-year old
• First bank scraps dollar transactions with its naira card
• Nedbank joins MTN in the metaverse

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Timestamps

00:00 - Introduction
00:23 - Kuda 602% loss in 2021
09:56 - 18-year old hacks Uber
15:04 - First bank scraps dollar transactions on naira card
25:28 - Nedbank joins MTN in the metaverse

Useful links

• Kuda’s loss increased by 602%, from $2m in 2020 to $14m in 2021
• 18-year-old breaks into Uber’s internal systems, said the ride-hailing giant has weak security 
• Why your employees, not firewalls, should be your first line of defence against cyberattacks 
• The shocking truth about Nigerian email scams 
• You can no longer shop on foreign websites with your First Bank naira card 
• One of South Africa’s largest banks, Nedbank, joins MTN in the metaverse 

This episode was produced by Ogheneruemu Oneyibo and Gracious Sede

Email us your feedback at podcast@techpoint.africa. Visit www.techpoint.africa for more stories.