Nigeria’s Abeg Rebrands to Pocket App, Gets AIP for Mobile Money Operator License
If you enjoy watching Big Brother Naija (BBN), you probably know about Abeg, one of the major sponsors for the previous season.
On the Techpoint Africa Podcast today, we discuss the company’s rebranding to Pocket and their principle approval of a Mobile Money Operator (MMO)License.
With up to 2 million users, the subsidiary of Piggytech Global Limited claims it now intends to promote easy payments and financial inclusion in Nigeria.
While we were able to speak with Odunayo Eweniyi, co-founder and CEO of PiggyVest, to gain additional information on the story, Oluwanifemi couldn’t help but discuss the business’s original idea.
Why does Pocket, once known as Abeg, desire an MMO license? To discover out, you’d need to download the podcast and listen.
While one startup undergoes a makeover, another is bidding farewell. Less than a year after its introduction, Kune, a cloud kitchen with headquarters in Kenya, has ceased operations.
Oluwanifemi and Emmanuel are at odds over Kune’s passing; the former thinks the startup had a compelling narrative and business plan, while the latter thinks it was destined to fail from the beginning.
After Emmanuel provides a brief overview of the business, it is up to you to choose a side.
After discussing the burial of a company in Kenya, we explore some encouraging news from the nation of East Africa. President Uhuru Kenyatta has vetoed the contentious ICT Practitioners’ Bill that was approved by the Kenyan legislature.
The President made the point that the Bill might make it harder for people to enter the tech industry and place an unnecessary load on ICT professionals.
If you’re curious in why the Bill is a contentious topic, you can listen to more information on the Techpoint Africa Podcast, which is accessible on Google Podcast, Apple Podcast, Spotify, and other podcast platforms.
