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FlutterWave support for Paga sealed

Izunna Okpala

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All companies that make use of the FlutterWave payment portal now have the opportunity to accept payment from Nigeria’s nearly 15 million Paga users.

Established in 2009, Paga is the most popular mobile payment platform in Nigeria, and has some 15,000 agents across Nigeria. It provides a variety of financial services including free money transfers, bank accounts deposit, airtime purchase / sending, bill payments, remittances, bulk disbursements & collections that are accessible through online platforms (web / app) and any cell phone through the USSD code *242#.

FlutterWave is a payment gateway for merchants who enable e-commerce merchants across several African countries to accept payment through:

  • Debit and Credit Cards
  • Bank Account
  • Mobile Money
  • POS
  • M-Pesa
  • Visa QR
  • Bank Transfer
  • USSD

Flutterwave recently raised a $35 million Series B round for payments in Africa and confirmed a collaboration with Worldpay FIS.

In 2016 a team of ex-bankers, businessmen and engineers created the fintech startup.

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Planning to Study in the US? Attend the EducationUSA Virtual College Fair.

Izunna Okpala

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The EducationUSA Virtual College Fair starts today…

Have you registered?

Even without registration, you can participate in the College Fair. The program begins today for Graduates from 1-5pm Nigerian time, Thursday, November 19, 2020.

There are 92 accredited universities waiting to meet with you. This is your opportunity to explore the various study and funding opportunities available to graduate students at institutions across the U.S.

To participate in the ONLINE fair visit http://bit.ly/AfricaFair2020.

Watch this short video on how to navigate the website and participate in the fair https://fb.watch/1QCdl4Cb9q/

Tips on how to make the most of the virtual college fair experience

  1. Check Out the Universities– See the list of colleges that will be participating at the virtual fair https://sites.google.com/educationusa.org/africafair2020/home/graduate-fair?authuser=0. Click around to find out what they say about themselves.
  2. Show Your Best Self and Ask Questions– Make a good impression. College representatives love meeting students. Think about how you will introduce yourself and what you want to say, especially about where you’re from and what you hope to find in a college. The virtual fair is for you so do not be afraid to ask questions.
  3. Follow up– Did you meet a University rep who had great things to say? Make note of their name and contact and follow up.

For more info about EducationUSA Lagos follow them on their handles:

Enjoy the fair!

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Health

HealthPlus is experiencing a power struggle 2 years after obtaining $18 m from Alta Semper Capital

Izunna Okpala

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A press release apparently released on September 25 by the Board of HealthPlus, one of the largest integrated pharmacy chains in West Africa, confirmed that the company no longer needed the services of its founder, Bukky George, as CEO.

The decision to terminate the appointment of George came with the announcement of Chidi Okoro, the interim leader.

Okoro, a renowned pharmacist and management executive, is to take on the position of Chief Officer of Transformation. Okoro, akin to the position of a CEO, can simplify day-to-day management, help the company scale, and achieve profitability.

And a letter that appears to be from the board of HealthPlus to the Pharmacists Council of Nigeria (PCN) states that George “remains a shareholder of the company, a member of the board of the company, and may engage at board level in the company’s decision-making process.”

Afsane Jetha and Zachary Fond, Managing Partner & CEO, and Director of Alta Semper Capital, respectively, have signed it off.

From investment and partnership to a fight for power

Alta Semper Capital LLP is a private equity (PE) company that invests in Africa-wide healthcare and consumer businesses. In 2017, the PE company invested in Macro Pharma, a medicated cosmetics company in Egypt.

It made deals with HealthPlus and the Moroccan oncology and radiology clinic, Oncologie et Radiologie du Maroc (ODM), the following year.

The letter from Alta Semper Capital to the PCN

Source Techpoint

The HealthPlus investment was $18 million.

HealthPlus, founded by George in 1999, has expanded to more than 90 retail outlets, employing over 850 employees, including more than 150 pharmacists. In Nigeria, the company claims to be present in 11 of the 36 states in the world.

Operating branches in strategically placed suburban areas, airports, and shopping malls are also recognized.

Alta Semper Capital ‘s investment was to help HealthPlus grow its store footprint. In addition, to attract more talent, grow fulfillment centers and pursue initiatives in eCommerce.

The cash inflow, however, is said to have given the PE firm a majority stake in the company, which is one of the reasons why the company is facing problems at the moment.

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Apps & Services

The Adoption rate of the Apple-Google COVID-19 tracker feature in Nigeria

Izunna Okpala

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The COVID-19 exposure tracker has recently been rolled out by Google and Apple on every Android and iOS device globally. According to the notice released in May, this was done in an effort to fight the spread of the virus through contact tracing — a technique used to stay aware of exposure to an infected person.

When enabled, the feature allows your Smartphone to receive notification of likely COVID-19 exposure.

However, there is a disclaimer that the software is an API that can only be enabled when the device has installed a third party tracking app.

According to the statement, the feature will remain dormant until it is activated by a COVID-19 contact tracing app, which can be deactivated at any time.

COVID-19 Exposure Notification feature cannot be activated without an installed contact tracing app

Google and Apple therefore say that the devices won’t be theirs thus saying that the identity of the user won’t be shared with other users.

To ensure this, Google announced that “Access to technology will only be provided to public-health users. Their applications must meet strict Privacy, Protection and Data Use requirements.”

Still, app creators should be committed to minimise the vulnerabilities of their products.

On Android phones, the feature can be found in ‘Google‘ under ‘Settings‘ where ‘COVID-19 exposure notification‘ is displayed. For Apple devices, ‘COVID-19 exposure logging‘ is found under ‘Health‘ in ‘Privacy settings‘.

Apple-Google COVID-19 Exposure Notification feature

By design, this technology is meant to support the efforts of governments and private players that are building contact tracing apps. When an app is used to opt in, it generates randomly changing IDs based on location. Through Bluetooth, it periodically checks other IDs to confirm if any is associated with the infection. And if it finds any, it sends a notification.

For this to work, a person who is affected or has been exposed to the infection needs to share their IDs with the app, which will immediately alert all that have come in contact with them.

While countries like India make contact tracing apps compulsory for residents, only a few startups have made an attempt at this technology in Nigeria; this explains why adoption is low.

In fact, on the Google Playstore, there’s currently no authorised contact tracing app available in the country currently. Conversely, on the Apple app store, it shows two apps, one of which has already been disabled.

Despite some countries already putting the pandemic behind them, infection cases are unfortunately still increasing across Nigeria. Currently, the figure stands at 25,694, with Lagos state  — 10,510 confirmed cases — still the epicentre.

As economic activities resume fully in states that were previously on mandatory lockdown, this appears to be the time for the adoption of massive contact tracing tools to reduce citizens’ chances of infection.

Recall that before now the use of smartphone tracking and surveillance for COVID-19 tracing have been adopted across the world in China, Hong Kong, Israel, and even in Rwanda.

But there are concerns that this feature has privacy risks, disproving Google and Apple’s promise. Considering past events, this scepticism is not misplaced.

Google, like other tech giants, has at some point been accused of turning user data into narrowly targeted ads without consent. This is often possible because users are usually unaware of the data they are agreeing to share and the company’s plan for the information.

While these privacy concerns remain, we cannot undermine the possible positive impact of the tools this Apple-Google feature will effectively support. Perhaps, it is a case of choosing the lesser evil.

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