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Open Africa Podcast

@OpenAfricaPod

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Discussing financial services, technology, and start-ups across the African continent. All episodes available here:

Lagos, Nigeria
Joined September 2019
Don't wanna be here? Send us removal request.
@OpenAfricaPod
Open Africa Podcast
1 year
Reminder: The reason you can’t use your NGN card for FX transactions is not because CBN banned them, it’s because the banks don’t have enough $ to settle your transactions. This “announcement” doesn’t make $ suddenly appear.
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@OpenAfricaPod
Open Africa Podcast
10 months
What shall it profit a man to have high interest rate but no iOS app?
@fairmoney_ng
FairMoney Microfinance Bank
10 months
Ilebaye, don't pick up the wrong call! Just saying...🤷🏽‍♀️
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@OpenAfricaPod
Open Africa Podcast
9 months
Just in: Nigeria investment platform @Risevest rolls out "Managed by Rise"- full service US real estate investing starting at $50K. Users get outright ownership, property management & hands-off experience. Rise aims to open doors for Nigerians to own US property with ease.
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@OpenAfricaPod
Open Africa Podcast
1 year
Exciting news! The Central Bank of Nigeria (CBN) just announced new guidelines for contactless payments. Let's unpack what this means for you.
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@OpenAfricaPod
Open Africa Podcast
1 year
🏦💰 Ever wondered why transfers between two users in the same bank are super reliable? It's not magic, it's just banking! Let's dive into this fun little explainer with our friends Chidi and Ngozi. 🧵👇
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@OpenAfricaPod
Open Africa Podcast
2 years
SEC license for Rise
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@OpenAfricaPod
Open Africa Podcast
1 year
Transsion owns Tecno, Infinix and iTel. Transsion led PalmPay’s $40m seed. Palmpay also comes preinstalled on Transsion phones in 🇳🇬. 25m “users” is not so far fetched. As far as NIP activity is concerned, they’re top 5 so it tracks.
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@OpenAfricaPod
Open Africa Podcast
4 months
Because you guys said fintech will buy a bank, they’ve increased price smh
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@OpenAfricaPod
Open Africa Podcast
1 year
Is this…shade?
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@OpenAfricaPod
Open Africa Podcast
8 months
Everyone is building a “Pay with Transfer” solution for merchants, but what about us, civilians, who are tired of having to search bank list and type 10 digits every time. We have pains too
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@OpenAfricaPod
Open Africa Podcast
1 year
Lemonade got an IMTO license in NG. Nice!
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@OpenAfricaPod
Open Africa Podcast
11 months
This is a new one
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@OpenAfricaPod
Open Africa Podcast
8 months
Says a lot that Moniepoint, despite investing in their earlier round, didn’t take this up.
@TechpointAfrica
Techpoint Africa
8 months
BREAKING: @bitmamaexchange has confirmed the acquisition of @ourpaydayHQ . The deal, which will see the integration of Payday's reported 300,000 users into @ChangeraApp , aims to enhance its stablecoins enabled cross-border payment solutions.
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@OpenAfricaPod
Open Africa Podcast
1 year
Inside Chipper Cash’s Grueling Battle To Survive The Fintech Winter
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@OpenAfricaPod
Open Africa Podcast
1 year
There’s ISW, Zone, Chams, and Etranzact. Paga, to a lesser degree. Alternatives exist, but there’s a reason most people don’t build that level of redundancy.
@bule_jr
Papa Burrito
1 year
Fintech today, Fintech tomorrow and nobody has been able to build an infrastructure system to rival NIBSS and provide redundancy?? All of you wanna build savings, investment and diaspora remittance apps only??
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@OpenAfricaPod
Open Africa Podcast
1 year
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@OpenAfricaPod
Open Africa Podcast
10 months
By strengthening the judiciary. The rest will follow.
@tolaadesanmi
Big Tolz
10 months
How do you build credit infrastructure for a nation? 💭
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@OpenAfricaPod
Open Africa Podcast
1 year
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@OpenAfricaPod
Open Africa Podcast
2 years
PalmPay is doing QR cards like Wave did in Senegal
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@OpenAfricaPod
Open Africa Podcast
10 months
Your CEO doing sponsored instagram posts? Time to turn on “Looking for Work” on LinkedIn because NGMI
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@OpenAfricaPod
Open Africa Podcast
10 months
(Also, the interest is the 12m in small font at the bottom not the 72m in big font at the top)
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@OpenAfricaPod
Open Africa Podcast
10 months
New Episode of the podcast for you to listen to this weekend!🫵🏾 We talked about ChipperCash's pivot, some industry raises, and the new kid on the block - Swap by Flutterwave. Listen here:
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@OpenAfricaPod
Open Africa Podcast
10 months
Ah he’s from Ghana o
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@OpenAfricaPod
Open Africa Podcast
8 months
We saw your Spotify wrapped (if we were not in yours, do better🫵🏾) and just knew we had to give you a new Episode of the podcast! We talked about new CBN requirements, Interswitch, Crowdyvest, and some very interesting news that happened in November. Available everywhere, click
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@OpenAfricaPod
Open Africa Podcast
1 year
Which provider bounced everybody?
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@OpenAfricaPod
Open Africa Podcast
6 months
1. IMTOs were always limited to inbound per regulation. 2. You can still send outbound with your bank. 3. You can still receive wire transfers in FX.
@Nairametrics
Nairametrics
6 months
CBN stops outbound international money transfer transactions, limits inflow payouts to Naira -
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@OpenAfricaPod
Open Africa Podcast
1 year
📢 Let's talk about how bank transfers work in Nigeria! It's a system where banks communicate through a central hub called a switch. Imagine you're sending money from Bank A to Bank B. Bank A takes your money and tells the switch to pass the message to Bank B. 💸
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@OpenAfricaPod
Open Africa Podcast
11 months
Experimenting with a community on Discord. It's like the podcast, but more real-time. Like this tweet for early access.
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@OpenAfricaPod
Open Africa Podcast
5 months
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@OpenAfricaPod
Open Africa Podcast
2 years
New Episode alert!🔊🔊🔊 We talk about Flutterwave, fraud in the ecosystem; how it happens, and the newest regulatory troubles! Listen here: Please like, retweet, and don't forget to tag us in your tweets! #openafricapodcast #podcastsinafrica
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@OpenAfricaPod
Open Africa Podcast
9 months
They don't call it REST API for nothing
@keneshuku
Ken Nwankwo
9 months
Nothing wey person no go see for this ecosystem. An API that closes by 7pm API wey dey do 9-5 💀
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@OpenAfricaPod
Open Africa Podcast
1 year
Hot Take: NG financial services needs to move from BVN to NIN.
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@OpenAfricaPod
Open Africa Podcast
9 months
NIBSS needs to crash the cost of NIP to 0 and focus on building out Open Banking
@business
Bloomberg
9 months
Once-hot Brazilian fintechs are losing market share to new competition from an unlikely source: Pix, a system created by the nation’s own central bank. @thatsleda has more
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@OpenAfricaPod
Open Africa Podcast
1 year
🧵Bank deposits seem simple, right? You give the bank your money, they keep it safe, and you can get it back later. But there's a lot more to it. Let's dive into the world of bank deposits. 🏦💰
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@OpenAfricaPod
Open Africa Podcast
1 year
Anyhoo, whether you agree or not, you should listen to our episode on Foreign Exchange, we explained in more details!
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@OpenAfricaPod
Open Africa Podcast
9 months
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@A_Feranmi
Black Jaguar
9 months
Today is another day to tell you that signups from Niger State, as a fintech, should make you cry. Yes, I am profiling!
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@OpenAfricaPod
Open Africa Podcast
2 years
BREAKING: Nigeria's Kudi Changes Its Name To Nomba | Brand News Day Nigeria
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@OpenAfricaPod
Open Africa Podcast
7 months
Insane intro to a paper
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@OpenAfricaPod
Open Africa Podcast
8 months
Ok, let'd do this. What's a Correspondent Bank, Anyway? Think of a correspondent bank as a helpful buddy for banks, especially when they're in different countries. They're super handy for stuff like sending money overseas, sorting out transactions, and even tackling some of that
@OpenAfricaPod
Open Africa Podcast
8 months
A thread on correspondence banking today?
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@OpenAfricaPod
Open Africa Podcast
9 months
Since TC won’t bring Radar back, we’ve decided to take matters into our hands and start a discord:
@IAtalkspace
Abubakar
9 months
Way too often, I hear people talk about Radar by TechCabal and wish the niche tech forum could come back. I agree. Radar shut down at a time when Facebook and Twitter had firm control over one-to-many conversations, and users seemed less interested in another social product.
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@OpenAfricaPod
Open Africa Podcast
10 months
Product Managers:
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@OpenAfricaPod
Open Africa Podcast
2 months
Happy New Month everyone!😀 We have a new episode of the podcast just for you; we talk about some Fundraising news in the Ecosystem, the CBN’s new directive for BDCs, Google’s Umoja, and BlackCopper’s 2 billion naira debt. Listen here:
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@OpenAfricaPod
Open Africa Podcast
4 months
👀👀👀
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@OpenAfricaPod
Open Africa Podcast
11 months
Our first episode since Twitter became X!💀 We talked about Moniepoint’s evolution and expansion, Bankly becoming a MFB, Chipper Cash’s Forbes interview, and what we collectively agree might just be a wave of “Fintech Fatigue” Listen listen🔗
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@OpenAfricaPod
Open Africa Podcast
1 year
Fintech volumes are driven by fraud.
@TechCabal
TechCabal is preparing for Moonshot👨🏾‍🚀
1 year
Unpopular opinions about tech in Africa that would get you in this position?
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@OpenAfricaPod
Open Africa Podcast
1 year
📢📢 In this brand new episode of the podcast, we set out to solve a mystery and explain why your Nigerian bank transfers failed these past few weeks. Listen here:
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@OpenAfricaPod
Open Africa Podcast
3 years
New Episode Alert feat. @nadayar of @ouredenlife ❗ We had an insightful conversation about Edenlife and the journey so far. Listen here: P.s: we apologize for this episode's quality, please bear with us. #openafricapodcast #podcastsinafrica
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@OpenAfricaPod
Open Africa Podcast
10 months
New Episode Alert!💥 We know you think every new episode is funnier than the last but this one is definitely the most hilarious!🤭 Listen to us talk about Dash and how to raise money in the Nigerian capital market. P.s: we had a guest! 🔗
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@OpenAfricaPod
Open Africa Podcast
1 year
Shege has arrived
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@OpenAfricaPod
Open Africa Podcast
3 months
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@OpenAfricaPod
Open Africa Podcast
8 months
The lazy conclusion here is that the new guys drove them out. But, what if there isn't a big enough market to justify the investment? Maybe Jumia sees something that the others haven't quite seen yet. Is the ceiling, at best, a "lifestyle business"?
@OpenAfricaPod
Open Africa Podcast
8 months
Jumia Food to shutdown in Nigeria from December 2023
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@OpenAfricaPod
Open Africa Podcast
3 months
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@OpenAfricaPod
Open Africa Podcast
1 year
We're live, people!🎙️ Listen to us recap some very interesting happenings in the industry this July, we talked about FX, Retail crypto, GTBank’s new rollout ('Laolu has very strong opinions about this🤭) and so much more! 🔗
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@OpenAfricaPod
Open Africa Podcast
28 days
Prospa has acquired Goodnews Microfinance Bank, rebranding it as Prospa Capital Microfinance Bank.
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@OpenAfricaPod
Open Africa Podcast
1 year
BREAKING: CBN lifts cash deposit restriction on domiciliary accounts, allows $10k withdrawals daily - Nairametrics
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@OpenAfricaPod
Open Africa Podcast
6 months
Need you to put out the word that we’re backkkk!🥳 In this new episode, we talk about some very interesting happenings in the cryptocurrency industry with Patricia, Coinbase and Yellow Card, alongside other general ecosystem news. Listen here:
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@OpenAfricaPod
Open Africa Podcast
10 months
This might be worse than the tokens. The tokens were, at least, debt. i.e. Patricia owed you money. Sure, they might not have paid but you could stand on something. Converting it to shares means if the company goes bust, you just charge it to the game and you can't fight
@OpenAfricaPod
Open Africa Podcast
10 months
Patricia begs customer to turn owed funds to company shares, saying "It's our last resort"
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@OpenAfricaPod
Open Africa Podcast
1 year
We haven't done one of our explainer threads in a while so we're going to pick something interesting to talk about today: Invoice Financing! We've seen a couple startups raise money to build Invoice Financing startups so it feels apt. Let's dive in! 🏊‍♀️
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@OpenAfricaPod
Open Africa Podcast
9 months
What a turnaround
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@OpenAfricaPod
Open Africa Podcast
3 years
Welcome to Season 4!🎉🎉 In this new episode of the podcast, we had a guest on, to tell us more about Web3 and if we should be interested in it. You already know we had a blast recording this one😅 Please listen and share! Link:
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@OpenAfricaPod
Open Africa Podcast
4 months
Big 3 of Nigerian Tech?
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@OpenAfricaPod
Open Africa Podcast
11 months
Word on the streets is that you guys are using Open Africa Podcast learnings to hack interviews now. 😏 We're not mad, as long as you share our content. Start here
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@OpenAfricaPod
Open Africa Podcast
9 months
We don't even like saying “we said so” so then, didn't we?🤷🏾‍♀️
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@OpenAfricaPod
Open Africa Podcast
9 months
Haven't seen much from the blogs so let's talk about something pretty cool over the weekend. @ouredenlife unveiled their new look and platform, Eden Marketplace, at the African Startup Fest
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@OpenAfricaPod
Open Africa Podcast
2 years
Last week, we looked at web3, this week, we're considering DAOs! 😌 What are DAOs exactly? How did they come to be? What can I use them for? Look through the thread for a breakdown, you're welcomee!✨ 1/4
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@OpenAfricaPod
Open Africa Podcast
3 months
Ask and you shall receive:
@OpenAfricaPod
Open Africa Podcast
6 months
Would be nice is Paystack (or Flutterwave or Interswitch) did an industry report on the state of online payments.
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@OpenAfricaPod
Open Africa Podcast
1 year
Everybody’s interbank is failing at the same time. NIBSS:
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@OpenAfricaPod
Open Africa Podcast
2 years
Welcome to our new followers!✨☺️ If you're still wondering what we do – we basically have the most enjoyable conversations around finance, tech, and startups in Africa on this side of the block! Listen to all our episodes here:
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@OpenAfricaPod
Open Africa Podcast
9 months
Visa has selected 23 African startups for its inaugural Africa Fintech Accelerator program. This marks a significant step in supporting the growing fintech community in Africa and connecting more unbanked individuals to the digital economy
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@OpenAfricaPod
Open Africa Podcast
3 months
A new tax from Abuja has dropped: Cybersecurity Levy. This tax will go towards funding national cybersecurity initiatives and activities that the ONSA oversees. In simple terms, some of your electronic transactions will become slightly more expensive starting soon.
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@OpenAfricaPod
Open Africa Podcast
4 months
Have to redo that deck
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@OpenAfricaPod
Open Africa Podcast
1 year
If you're wondering how NIBSS works and why Fintech people haven't created a rival NIBSS yet, you should watch this excerpt from the newest episode of the podcast, we have answers.. Full episode here:
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@OpenAfricaPod
Open Africa Podcast
1 year
From NIBSS
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@OpenAfricaPod
Open Africa Podcast
1 month
Providus is doing lil price increase on their virtual accounts and… ripple effects
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@OpenAfricaPod
Open Africa Podcast
1 year
Hello people, we have a new episode❗ We talked about revoked banking licenses, technology journalism, and the woes of B2C companies in Nigeria. Listen here🔊
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@OpenAfricaPod
Open Africa Podcast
10 months
Banter aside, any loan app without an iOS app by design is probably not respecting your data or privacy. Because there are plenty permissions that Google extends and Apple doesn’t.
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@OpenAfricaPod
Open Africa Podcast
2 months
Waking up to revoked license is the the 4th stage
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@OpenAfricaPod
Open Africa Podcast
3 years
Did you know @getequity lets you invest in Startups for as little $10? We spoke to them in our latest episode about their journey so far and biggest challenges. Link here 👉🏾
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@OpenAfricaPod
Open Africa Podcast
6 months
What they say vs What they do
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@OpenAfricaPod
Open Africa Podcast
11 months
At Tinubu $ or Buhari $? We’re going to have to start dropping the rate when doing this $ conversions.
@TechCabal
TechCabal is preparing for Moonshot👨🏾‍🚀
11 months
Since its public debut one year ago, Anchor has processed more than $550 million.
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@OpenAfricaPod
Open Africa Podcast
1 year
Hi there! 👋 Ever wondered what happens when you dispute a card transaction? Let's break it down in simple terms. Think of it as a journey with multiple steps. 🚶‍♂️💳 #CardDisputes
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@OpenAfricaPod
Open Africa Podcast
2 years
Refresh your podcast apps, ladies and gentlemen📢 In this new episode, we talked about Moniepoint and Nomba, toxic workplaces, and MTN's PSB license! Listen to The “state of the industry” episode here:
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@OpenAfricaPod
Open Africa Podcast
1 year
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@OpenAfricaPod
Open Africa Podcast
3 months
You have probably noticed how banks in Nigeria charge a small ₦50 fee when you receive a transfer above ₦10,000. This fee is called the Electronic Money Transfer Levy (or Stamp Duty).
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@OpenAfricaPod
Open Africa Podcast
4 months
“Free transfers” was the “get paid early” for Nigerian neobanks. Great wedge for first movers, but table stakes now
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