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Two weeks ago, we discussed the US Commodities Futures Trading Commission (CFTC) filing civil lawsuits against Mirror Trading International Proprietary Limited, a South African company and its CEO for a $1.7 billion Bitcoin fraud scheme.
Well, it appears all the victims might not be getting their money. But that's not all we discussed on today's podcast. Big tech appears to be getting the heat on the African continent, with Amazon and Kenya once again in the news
Timestamps
04:10 - Quick rundown of the Termii Elevate Conference
11:57 - Why Amazon's Development Centre in South Africa is facing delays
20:03 - Meta's lawsuit in Kenya
Useful links
This episode was produced by Ogheneruemu Oneyibo and edited by Múyìwá Mátùlúkò
Email us your feedback at podcast@techpoint.africa. Visit www.techpoint.africa for more stories.
Techpoint Africa just launched a new podcast series! It's called Built in Africa and it will spotlight African startups, innovators and everything that makes them tick. This is a snippet of the pilot. Listen to full episodes and subscribe at https://wavve.link/AfricanBuiltPod. You can also search for 'Built in Africa' on Apple Podcasts, Google Podcasts, Spotify or anywhere else you get podcasts. ...
Read all Techpoint articles referenced in today's episode here. https://techpoint.africa/topics/techpoint-africa-podcast-70/ Build the money of the future: https://currency.techpoint.africa Continue the conversation on Community. https://community.techpoint.africa/ Subscribe to our weekly digest at https://techpoint.africa/newsletter-signup/ Email us your feedback at podcast@techpoint.africa. Listen to Built in Africa Listen every Friday at 8 AM (WAT). You can find us on Apple Podcasts, Google Podcasts, Spotify, Stitcher, TuneIn, or anywhere else you get your podcasts. Visit www.techpoint.africa for more stories. ...
Today's podcast travelled through three countries: Nigeria, Togo, and Senegal. Although the last one could more correctly be tied to Francophone Africa, but let's not get into technicalities. First on the list is Kuda, more popularly known as "the bank of the free", and its recent circular to customers informing them that they would start charging a ₦50 stamp duty charge on all deposits above ₦10,000. Understandably, Nigerians had quite a bit to say on this decision, and we did too. Timestamps 04:38 - Kuda Bank introduces ₦50 stamp duty 13:24 - Togo's e-Visa platform 19:26 - Wave lays off 15% of its staff Useful links Kuda Bank to charge customers ₦50 for deposits of ₦10,000 and above from July 15 Togo completes its e-Visa platform To advertise or promote your brand, visit this link or send an email to business@techpoint.africa Wave, a Stripe-backed African fintech valued at $1.7 billion, cut 15% of its staff in June Oui Capital's form for laid-off Wave employees Scaling with stellar communication technologies at the Termii Elevate 1.0 Conference This episode was produced by Ogheneruemu Oneyibo Email us your feedback at podcast@techpoint.africa. Visit www.techpoint.africa for more stories. ...
