The Central Bank of Nigeria is redesigning naira notes

Today on the Techpoint Africa Podcast, we discuss some of the hot topics in the African tech space.

The stories:

• 54gene CEO steps down 2 months after the company laid off 30% of its workforce
• Customer gets ruling against MTN for misleading advert
• Kloud Commerce unfolding saga
• Nigerian Central Bank to redesign naira notes
• CBN plans to launch a national ATM card

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Explore the fintech in everything at The Fintech Summit 2022

Timestamps
00:00 - Intro
01:43 - Nigeria's brain drain problem
17:44 - 54gene CEO steps down
23:55 - Customer gets ruling against MTN South Africa over misleading ad
27:06 - Kloud Commerce shuts down
35:14 - CBN to redesign naira notes
43:34 - CBN's national card scheme

Useful links

• With less than 0.1% of workers migrating, Nigeria’s brain drain problem is an exaggerated case of talent migration
• Intelligence by Techpoint data on immigration
• Tibu Health is bringing world-class healthcare to Kenyan doorsteps
• 54gene co-founder and CEO steps down one month after co-founder VP of engineering left the company
• Customer gets ruling against MTN for misleading advert
• Investors Seek Legal Recourse After Founder Trouble Kills Kloud Commerce
• Unverified Kloud Commerce statement denies allegations of financial impropriety; says they are unfounded rumours by a SAFE investor
• Emefiele’s full speech: Why CBN is redesigning Naira notes
• The CBN wants to create ATM cards, could compete with Mastercard, Visa, and Verve 

This episode was produced by Ogheneruemu Oneyibo and Gracious Sede

Email us your feedback at [email protected]. Visit www.techpoint.africa for more stories.

Music - Beach by MBB