A Moonshot Day!

TechCabal's Moonshot Conference kicks of by 9 AM WAT!                                                                                                                                                                                                                                                                                                                                                                                                                 October 11, 2023 | [Read Online]( In partnership with Share this newsletter: //link.mail.beehiiv.com/ss/c/_p8mO7pBiG6zFvckPDjzaZkxNnUja96KSCTzHXx2gCinQbxw_qdxxuopG-d0baJxAdN5L7OHU5ZQxpp-wRCFTXy9w8I_zIELgRe_S3coUxdngXpdg_xyFqiABW7vkdwSqMtjoyKXmnsKZbXhlGbfrX0NXIaohBv1QdqzzQIIAA0-PIF0NGDfmZR6afJ4yT6v/40c/8yeHrNaGQK6NuH5g-r_3XQ/h2/FF7ZJ-PXq_fCRSH_04rAWSvM-b-EDobcJSp0wnFvdh8 [Lire en Français]( [اقرأ هذا باللغة العربية]( Happy Moonshot Week 🌙🚀 The stage is set for TechCabal’s [Moonshot Conference](, literally! Moonshot kicks off today at 9 AM WAT at the Eko Convention Centre! [You get empowered GIF]( If you’re heading to the venue while reading this, here’s what—and who—you can expect to catch today: - A fireside chat between the Nigerian minister for communications, innovation and digital economy, Bosun Tijani, and CEO of Big Cabal Media Tomiwa Aladekomo 🎤 - A masterclass on building a stellar brand led by CEO of Fourth Canvas Victor Fatanmi. - Some free merch from brands showcasing at Moonshot. 🧢 - A workshop on how to build and grow your tech career led by Microsoft and engineer Adora Nwodo. - TC Battlefield where 10 startups will pitch for $3,200.🤺 - Over 10 panels on different sectors including AI, investment, and energy led by several ecosystem leaders. - And finally, if you don’t stop at the TC booth to say hi, you will catch these hands too. 👊🏾 You can find the [full schedule here](. If you don’t have tickets yet, ticket sales will continue at the venue, so don’t let time stop you from giving TechCabal your money.🎉 In today's edition - [Nigeria’s data privacy bulldog goes after OPay]( - [MultiChoice beats Openview in court]( - [Airtel partners with Thunes]( - [Writesea acquires CoverAI]( - [The World Wide Web3]( - [Opportunities]( Regulation //link.mail.beehiiv.com/ss/c/_p8mO7pBiG6zFvckPDjzaZkxNnUja96KSCTzHXx2gCinQbxw_qdxxuopG-d0baJxAdN5L7OHU5ZQxpp-wRCFTXy9w8I_zIELgRe_S3coUxc5WZz71MkA-0eA1XVQwDVrltHYx1Jv7hSSDpxXo9HUc6-wwk5UDt54945ksMUSaUahCIhH-5TuT5tpqyuhw_Zy09D6dbHEBzVyNehsgj_b4at4TCbolkFt6IZqsTTSAlE/40c/8yeHrNaGQK6NuH5g-r_3XQ/h16/Fk3-4RttRNcZf0SaeA9zqgbwgiAo0arlth_johv5uKE Opay, DHL, Meta in Data privacy violations crosshairs [Let me see GIFF](Image source: ZikokoMemes Opay, DHL, and Meta may face the full wrath of the law NDPC. The companies [may have their hands]( in hot water if found guilty of data privacy violations by the Nigerian Data Protection Commission (NDPC). What is their offence? Opay is being investigated over claims of [opening accounts for people]( without their consent. The fintech has, however, rebuffed those claims. The details around Meta and DHL’s possible infractions are unclear. A highly placed [source told TechCabal]( that Meta customers complained that the company targeted them in behavioral advertisements without their consent. The big tech company said it was working with the NDPC on the inquiry. A bowl of consequences: Under the Nigerian Data Protection Act, all three companies may be asked to pay ₦10 million ($1,000) or 2% of their gross revenues in 2022, as fines if found guilty. Get a working card from Moniepoint With the Moniepoint personal banking app, you get reliable payments every time and a card that always works. Enjoy seamless payments powered by the infrastructure that 1.5 million businesses trust. [Download the app](. Streaming //link.mail.beehiiv.com/ss/c/_p8mO7pBiG6zFvckPDjzaZkxNnUja96KSCTzHXx2gCinQbxw_qdxxuopG-d0baJxAdN5L7OHU5ZQxpp-wRCFTXy9w8I_zIELgRe_S3coUxdngXpdg_xyFqiABW7vkdwSqMtjoyKXmnsKZbXhlGbfrX0NXIaohBv1QdqzzQIIAA0-PIF0NGDfmZR6afJ4yT6v/40c/8yeHrNaGQK6NuH5g-r_3XQ/h25/KViEqNLLHmbwtNXtmTt4W8K8mYZt_lrJ9Y34YwoyibQ Multichoice beats Openview in court fight source: YungNollywood A South African high court has [ruled out eMedia’s case]( against Multichoice. What’s happening?: On October 1, Openview, DStv’s competitor and owners of eMedia, [took the broadcaster to court]( over a dispute about broadcasting rights for the Rugby World Cup. Multichoice [had struck a deal](—valued around R57 million ($3 million)—with South Africa’s public broadcaster, SABC, to exclusively broadcast the Rugby World Cup matches live in the country. However, MultiChoice prohibited the SABC from airing the games on third-party platforms it doesn’t own, like Openview-owned eMedia. Openview deemed this move by Multichoice to be “overtly anti-competitive” and published an open letter to express its displeasure at some Multichoice executives, before finally taking the broadcaster to court. However, the jury has backed Multichoice saying that the broadcaster paid heavily to acquire the exclusive broadcasting rights for the Rugby World Cup, and that it would be financially unwise to give out the exclusivity it paid for. Zoom out: Multichoice's victory dashes South Africans' hopes of watching rugby matches for free on Openview. Telecoms //link.mail.beehiiv.com/ss/c/_p8mO7pBiG6zFvckPDjzaZkxNnUja96KSCTzHXx2gCinQbxw_qdxxuopG-d0baJxAdN5L7OHU5ZQxpp-wRCFTXy9w8I_zIELgRe_S3coUxdngXpdg_xyFqiABW7vkdwSqMtjoyKXmnsKZbXhlGbfrX0NXIaohBv1QdqzzQIIAA0-PIF0NGDfmZR6afJ4yT6v/40c/8yeHrNaGQK6NuH5g-r_3XQ/h32/wS9kCEjTK5b3eukbCqTrj8R3emaHwsaymTANckhPEdQ Airtel partners with Thunes [Airtel PSB launch](Image source: DMForCredit, Seriously Smartcash Payment Service Bank (PSB) Limited has unveiled a convenient solution for its customers. The PSB, which is a subsidiary of Airtel Nigeria, has [announced a partnership]( with Thunes, a cross-border payments infrastructure provider, to offer international remittances in naira to mobile wallets. How the service works: The service allows Smartcash PSB customers to receive inward remittances from countries worldwide directly into their Smartcash accounts by simply sharing their phone numbers, which also serve as their account numbers. Funds are sent swiftly, and at no cost to the recipient, and can be accessed across the Smartcash agent network. This move aligns with the Central Bank of Nigeria's (CBN) [announcement](, made in July this year, regarding the inclusion of the naira as a payout option for diaspora remittances. In response, financial service providers have been actively forging partnerships to facilitate this. In August, MoMo PSB [partnered]( with Saana Capital LLC, a licensed International Money Transfer Operator (IMTO), to facilitate seamless inbound and outbound transfers across Africa. Accept payments fast with the Paystack Virtual Terminal Paystack Virtual Terminal helps businesses accept blazing fast in-person payments at scale, with ZERO hardware costs. Enjoy instant transfer confirmations via WhatsApp, multiple in-person payment channels, and more. 👉🏿[Learn more](. Acquisition //link.mail.beehiiv.com/ss/c/_p8mO7pBiG6zFvckPDjzaZkxNnUja96KSCTzHXx2gCinQbxw_qdxxuopG-d0baJxAdN5L7OHU5ZQxpp-wRCFTXy9w8I_zIELgRe_S3coUxfypnv06VPrL3Z0gf7sHtrsTmQvkimZ6qoOrYOxNz5qTtjjgv582UC5BYpcHK0Mkaae5A7d4nxhbA1XIn4OXDRklBHvveFx4kgLTDXuSMaFZ795T-f4Ym_U3vAc4LWSeCfiDdSxXbjMhd11aIJkglxo/40c/8yeHrNaGQK6NuH5g-r_3XQ/h41/uFsiQzkfKhXf9fTOtTIRa9RkQ2fFqc2ngPcyiBU6NF4 Writesea acquires Nigerian AI startup CoverAI [MyCoverAI shot](Image source: MyCoverAI New York-based company Writesea, has [acquired a three-month-old]( Nigerian AI startup, CoverAI. Writesea, which provides services to other companies to help them create and manage their online recruitment platforms, acquired [CoverAI]( in a five-figure deal. One source estimated the deal value to be less than $50,000. Chris Adolphus, CoverAI's founder, stated that he received 12 bids for his startup on the startup marketplace, [Acquire.com](, before opting for the acquisition by Writesea. CoverAI is an app that helps people write resumes and cover letters. It uses artificial intelligence (AI) to create or improve resumes and cover letters in minutes. Why the sale? Adolphus claims that CoverAI's user base rapidly grew to 13,000 organic customers and from the very beginning, he had envisioned selling the startup. Considering the technology's promise, he believes it could have secured a six-figure deal. Adolphus also expresses confidence that Writesea has the expertise to propel CoverAI to new heights. What's next? Despite this being Adolphus's [maiden startup sale](, he is concurrently involved in managing his crypto project and a subscription-based design studio. Additionally, he's already in the process of developing another AI product for his next venture, aiming to exit with $200,000 within six months. Attend the KB4-CON Virtual Summit KB4-CON EMEA is a free virtual event that focuses on cybersecurity and is designed for CISOs, security awareness, and cybersecurity professionals in Europe, the Middle East, and Africa. You can find the [full agenda for the event here](. Crypto Tracker //link.mail.beehiiv.com/ss/c/_p8mO7pBiG6zFvckPDjzaZkxNnUja96KSCTzHXx2gCinQbxw_qdxxuopG-d0baJxAdN5L7OHU5ZQxpp-wRCFTXy9w8I_zIELgRe_S3coUxdngXpdg_xyFqiABW7vkdwSqMtjoyKXmnsKZbXhlGbfrX0NXIaohBv1QdqzzQIIAA0-PIF0NGDfmZR6afJ4yT6v/40c/8yeHrNaGQK6NuH5g-r_3XQ/h51/qsTSVB_kS4U2U-Umk1CyI-u9SB8f7Hj0gpr0sqnSCCw The World Wide Web3 Source: [Coin Market Cap logo] Coin Name Current Value Day Month Bitcoin $27,079 - 1.96% + 5.29% Ether $1,560 - 1.57% - 2.91% Neutron $0.35 - 1.16% + 9.72% XRP $0.49 - 2.06% - 1.26% * Data as of 05:10 AM WAT, October 11, 2023. [OneLiquidity GIF]( Elevate your business with One Liquidity's seamless integration. Choose from 10+ services to craft a custom solution. Join Obiex, Wewire, and others in providing trading, liquidity and compliance services. [Start now with zero fees](. One Integration. One Solution. One Liquidity. Opportunities //link.mail.beehiiv.com/ss/c/_p8mO7pBiG6zFvckPDjzaZkxNnUja96KSCTzHXx2gCinQbxw_qdxxuopG-d0baJxAdN5L7OHU5ZQxpp-wRCFTXy9w8I_zIELgRe_S3coUxecuxXQ4h39wVsASeAMGo3qi4RfJZhPJ98UDXsR1Qrfag/40c/8yeHrNaGQK6NuH5g-r_3XQ/h56/H10WDjL49aam_yeLmFWqa_ZT5bgbhzkCE874U3W6WxQ - The National Information Technology Development Agency (NITDA), through the Office for Nigeria Digital Innovation (ONDI), in collaboration with the Japan International Cooperation Agency (JICA), are organising a one-week networking visit to Japan by selected Nigerian CleanTech Startups. [Apply here](. - Applications are open for the Aurora Tech Award 2024. The Award is an annual global prize for women founders of tech startups. Winners of the first prize get $30,000, the second prize gets $20,000 and the third prize gets $10,000. [Apply by December 1](. What else is happening in tech? - [Flutterwave hires ex-Chipper, Microsoft and Safaricom employees in Kenyan expansion drive]( - [How AI reduces the world to stereotypes]( - [How a Ugandan startup wound up in Mexico]( Written by - [Faith Omoniyi]( & [Mariam Muhammad]( Edited by - [Timi Odueso]( Want more of TechCabal? Sign up for our insightful newsletters on the business and economy of tech in Africa. - [The Next Wave](: futuristic analysis of the business of tech in Africa. - [Entering Tech](: tech career insights and opportunities in your inbox every Wednesday at 3 PM WAT. - [In a Giffy](: business decisions powered by data-driven insights and analysis you can trust. P:S If you’re often missing TC Daily in your inbox, check your Promotions folder and move any edition of TC Daily from “Promotions” to your “Main” or “Primary” folder and TC Daily will always come to you. 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