ICYMI, catch the previous edition here
1.. Oshey Pythonista, make una sha no try this with me 🥹
2.. So a tweep user carried out a survey (I assumed) on Twitter. Check out some of the comments and reactions
Lmao @ “But the job pays you?”
God when
See God’s favorite
3.. As he said “E no worth ham o”
4.. E say na container at sea
Tears 😭😭
5.. Design Twitter at it again, dem no dey carry last. Unrelated but check the ratio
Context 1/4
2/4
3/4
4/4. After being cooked here and there, the tweet was later deleted sha
The brother in question
Hmm
6.. So CNA wrote an open letter regarding the last election, check out some of the reactions
Response to the above
Reactions under the response
7.. 🎶 I’m unavailable, dem no dey see me
8.. It is the masculine urge for me 😂
9.. A tweep user said “Boya they should focus on their food and drink festival”
10.. Awon Omo Ope (Please I can’t translate this in English, e no go do justice 🥺)
11.. Oraimo said “Dey Play”
12.. Lmaooo
13.. This thread is long but you can check it out here and learn from it too
1/3
2/3
3/3
This sums it up
14.. Between Uncle Fola and a tweep user
Lmaooo
15.. I saw this and was lolling before a tweep user quoted it with a question that is yet to be answered
Lol
16.. Someone said “Source: I no fit lie give you”
Another angle
17.. Unfortunately this is a norm
18.. Person said “E reach to ask for his mercy because even if you read how to steal like an artist this stealing nah insult on the book”
Part 1…
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Part 2
19.. So there is a guy who was outed last week as an abuser, check out #survivingterdoo on Twitter. A company came out and put up a notice (This is not a gist but awareness)
Official News
Shuttlers, a Nigerian tech-enabled mass transit company, has raised an additional US$4 million in equity funding to accelerate its transportation solution's growth. The company offers commuters affordable rates to travel in comfort along selected routes and allows them to book rides in advance with its subscription feature. The funding, led by Verod-Kepple Africa Ventures, will help Shuttlers expand to other Nigerian cities, build infrastructure to power mass transit, and provide employee transportation to more corporates.
Google has announced plans to restrict loan apps on its Play Store from accessing sensitive user data such as photos, videos, and contacts, in response to concerns about the predatory practices of some loan apps in Nigeria and Kenya. Both countries have enforced strict regulation and licensing policies to combat unethical data-sharing and debt-shaming practices adopted by unregulated lenders. Since Nigeria's 2022 licensing change, 173 loan apps have been registered, while Kenya has approved 32. The update to Google's Personal Loans Policy will take effect from May 31.
London-based fintech Verto has reportedly acquired a quarter of Silicon Valley Bank's customers from Africa and the Middle East, following the US bank's collapse. Verto offers cross-border FX and payments services, including safeguarded USD accounts. The firm said it had more than 3,000 clients, and its transaction volume grew 70% last year to over $3bn. Verto expects to triple its transaction volume in the next year as it expands and launches new products. Its clients include MTN, Yoco, and Interswitch. Verto has raised more than $12m from investors including Quona Capital, Treasury, and Middle East Venture Partners.
Moni, a Nigerian fintech startup, has launched a new range of business loans that rely on the power of community to provide small business owners with working capital. Moni's risk engine combines financial data, business performance, and social intelligence to determine creditworthiness for African SMEs. Eligible small business owners can access financing in five minutes or less by joining a lending cluster with an invitation from an existing Moni user. Moni disbursed more than US$22 million in loans to over 11,000 SMEs in 2022 alone, with a 99% repayment rate.
Equator, a climate tech venture capital firm that focuses on sub-Saharan Africa, has recently secured $40 million in commitments for its first fund. It backs seed and Series A startups in the energy, agriculture, and mobility sectors, which bring technology and innovation to bear in a region where they might be lacking. Equator invests between $1 million and $2 million at the seed stage and $2 million and $4 million at the Series A stage. It will be leveraging support from Factor[e] Ventures, an organization of venture builders and pre-seed investors, and will participate in round sizes of $10 million or less, typical for pre-Series B cleantech startups in sub-Saharan Africa.