Big Tech This Week

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Big Tech This Week

Big Tech This Week

@bigtechthisweek

We ♥️ African Tech.

London, England Katılım Mart 2021
1 Takip Edilen2.4K Takipçiler
Big Tech This Week
Big Tech This Week@bigtechthisweek·
Last year, e-commerce company, Jiji entered the South Asian Market in Bangladesh, its first market outside Africa. It’s direct competitor? Bikroy. It was at the time, the country’s largest online classifieds marketplace. That is until it’s acquisition by Jiji.
Big Tech This Week@bigtechthisweek

This is the 3rd time in 6 years that Jiji has acquired a top competitor after entering a new market. There was: - OLX Africa in 2019 - Tonaton in 2022 This strategy seems to be working. Enter- Compete- Acquire- Build reputation- Repeat!

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Big Tech This Week
Big Tech This Week@bigtechthisweek·
This is the 3rd time in 6 years that Jiji has acquired a top competitor after entering a new market. There was: - OLX Africa in 2019 - Tonaton in 2022 This strategy seems to be working. Enter- Compete- Acquire- Build reputation- Repeat!
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Big Tech This Week
Big Tech This Week@bigtechthisweek·
Ride-hailing platforms in South Africa were given until March 11th to secure registration for the National Public Transport Regulator (NPTR). Uber says they submitted their application but haven’t been duly registered. Any drivers found using unregistered platforms are illegal
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Big Tech This Week
Big Tech This Week@bigtechthisweek·
And then there was Kled. The AI platform that just banned Nigerian users for what it claims was an over 90% fraud rate. And now, the over 250,000 Nigerians who signed up with their bio data are asking what will happen?
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Big Tech This Week
Big Tech This Week@bigtechthisweek·
ICYMI: Last week, OmniRetail launched its manufacturer product while Fincra got a license in Ghana, now operating in 6 countries worldwide.
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Big Tech This Week@bigtechthisweek·
Coinbase is partnering with Egyptian-founded Kemet to expand institutional crypto derivatives trading — a market that processed over $85 trillion in volume last year alone.
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Big Tech This Week@bigtechthisweek·
10 years ago, @piggyvest built a fresh product in public. We saw it all unfold, and that little idea has grown into a tech product that we now love and trust. There’s still so much to be built in Nigeria using tech. Still so much foundation to be laid. This is how to start!
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Big Tech This Week@bigtechthisweek·
For a company built in public from day one, this documentary humanized building in Africa’s most competitive market. Will you be watching?
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Big Tech This Week
Big Tech This Week@bigtechthisweek·
We watched the Piggyvest (@piggyvest) documentary so you definitely have to! Here’s some stuff we’ll never forget:
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Big Tech This Week
Big Tech This Week@bigtechthisweek·
In 2025, Dara Sobaloju built an AI tool that listened to the pastor and responded in seconds with a corresponding Bible verse. One that the entire congregation could see projected on a screen.
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Big Tech This Week@bigtechthisweek·
A settlement was signed on October 30th, 2025 and later validated by the court the next month, on November 3rd. Meta will only have to pay legal fees incurred by the government during the court proceedings. The big question now is why?
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Big Tech This Week@bigtechthisweek·
The NDPC, Nigeria’s Data Protection Commission reversed its stance of this case that it has been investigating since September of 2023.
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Big Tech This Week
Big Tech This Week@bigtechthisweek·
Nigerian’s were surprised earlier today with disclosed documentation that showed that Meta was absolved of a $32.8 million penalty for alleged data privacy violations of over 60 million citizens.
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Big Tech This Week@bigtechthisweek·
Last week, Africa made regulatory calls in tech. Starting with Mauritius’ AI ethics play, the Nigeria reducing banking costs and finally Kenya holding Binance users by the neck.
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Big Tech This Week@bigtechthisweek·
That’s the edge that the company is betting on to beat the competition. 🤌🏾Clarity over convenience! They’re bringing not just faster delivery, but a system people actually trust.
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Big Tech This Week
Big Tech This Week@bigtechthisweek·
💪🏾It’s starting with food delivery, but the ambition is bigger: to become a super app. 🔎The swoop model is built for transparency. 💰A flat 7% handling fee. 🏍️Delivery priced by distance (closer means cheaper). 💸And 100% of delivery fees go straight to riders.
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Big Tech This Week
Big Tech This Week@bigtechthisweek·
Food delivery service platform, Swoop (@swoopappng) just raised $7.3M This is Swoop’s official entry to Nigeria, with plans to expand in Lagos — one of the toughest, fastest-moving consumer markets on the continent.
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Big Tech This Week
Big Tech This Week@bigtechthisweek·
Creator business platform, Mainstack (@themainstack), just secured a U.S. Money Services Business license from FinCEN, the Financial Crimes Network in the US, officially becoming a compliant financial operator in the world’s largest market.
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