The Big 5 Daily: 16th July 2020

TGIF!!!  

Let’s delve into the Friday edition of the Big 5 Daily.

 

MTN has introduced e-SIMs into its Nigerian market. This feat happens to be the first-ever in West Africa. The eSIM trial will run for a year and is open on a first-come basis to subscribers with compatible phones. 

Yesterday, some unknown hacker(s) hijacked multiple accounts of influential people to pull a Bitcoin scam on Twitter. Elon Musk, Jeff Bezos, and Bill Gates are among some prominent leaders targeted by the hacker(s). Significant steps have been taken to limit access to such breaches and investigation is currently ongoing.

Next, on the Big 5, Egypt-based B2B e-commerce startup, Fatura has secured a 7-digit seed round. The round was led by Disruptech, the first Venture Capital Fund in Egypt.


See also:  The Big 5 Daily: 16th July 2020


Sea Monster, a South Africa-based startup has landed a $1 million investment from FirstRand’s Vumela Fund. It will use the fund to grow its gaming, AR/VR, and animation technology, as well as to develop digital solutions for corporate organizations.

KoolSkools has secured over $416,000 to digitize schools in Morocco. MITC Capital’s Maroc Numeric Fund II invested about $310,000 of the capital; its second investment in less than a week. Recall that it had earlier invested $400,000 in OnePay, another Moroccan fintech startup.

Before we go guys, remember the gruesome murder of Fahim Saleh, Gokada CEO? Well, there’s news that a suspect was arrested early this morning according to The NewYork Times report.  

 

Hey, the week is over. Pull off your shoes and relax. 

See you next week. 

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