TechCabal Daily – Mastercard’s master plan💳

OCTOBER 18, 2021

Hello ☀️ ️

LinkedIn goes no longer operate in China.

The platform joins Facebook, Twitter, Google and even Club house, who were forced to leave the country after the Chinese government required that their content be regulated.

Unlike Facebook and Twitter, however, LinkedIn’s exit is only partial. The platform will remove the social aspect that allows users to share posts and articles, leaving only one InJobs functionality which helps with employment opportunities. China is LinkedIn’s third largest market so it makes sense that they don’t shoot an Elsa and let her go.

In today’s edition:

  • Why MTN Nigeria Wasn’t Everywhere You Have Been
  • Securing East African Markets
  • Mastercard’s master plan
  • TC Insights: more players, lower prices
  • Technical probe


An earlier version of this edition contained an error on MTN Nigeria’s reimbursement to its customers. We had mentioned that MTN Nigeria was giving 1MB to all of its Nigerian subscribers, but we did not charge a later version of MTN where the telecom company retracted this offer and instead imposed a refund on all purchases made between 12pm and 7 p.m. on Saturday. , October 16.


Since we closed last week’s newsletter with a blackout story and a piece of MTN, let’s open this week with another.

On October 9, MTN Nigeria experienced a network outage. Millions of users across the country lost connection and were unable to access data, voice or text services.

Never where you go

Last week was the week everything was shut down, and for once COVID isn’t to blame. Probably. ??

MTN’s internet problem was caused by a technical problem on their part. Yesterday CEO Karl Toriola, in a apology video, attributed the outage to a technical error that moved all users from the 4G band to the 3G band. This, in turn, caused a strain on the 3G band which caused the entire network to collapse.

Yellowing Soften it

Nigerians, who had to switch to alternative networks, took to social media to find the cause of the problem. While some were undoubtedly concerned that MTN’s shutdown was linked to that of Facebook and Snapchat, more Nigerians feared the government would shut down the internet following the first anniversary of the #EndSARS protests.

To compensate, Toriola announcement that all MTN users would be reimbursed for data and airtime expenses incurred from 12:00 p.m. to 7:00 p.m. on Saturdays.

Zoom out: MTN is Nigeria’s largest network provider, representing 82 million customers across the country. Refunding customers for purchases made over a seven hour period seems like a proportionate way to show your customers that you care.


Kenya, Uganda and Tanzania are deploying a digital platform that will connect the security markets of the three countries. Once the platform is operational, investors will be able to buy and sell stocks with just one click. Rwanda will also collaborate.

According to the Managing Director of the Nairobi Securities Exchange (NSE), Geoffroy Odundo, the platform will allow the transparent trading of “all kinds of securities” in the countries of East Africa.

The objective is to integrate their stock exchanges in order to boost exchanges.

Trades trends

This is just one of the new efforts by the NSE to facilitate access to investments for future traders through digital platforms.

In August, the NSE introduced a partnership with Safaricom which allows customers to invest in stocks by redeeming loyalty points (or Bonga).

Coupled with MTN Uganda’s new platform that allows subscribers to buy shares of the company over the phone, this looks like an emerging trend – the digitization of the investment landscape in East Africa, that is, -to say.


Accept international payments from your customers in the US, UK, Canada and over 60 countries using Pay with Apple Pay.

To create a free Paystack account to start.

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A few weeks ago, we wrote about the involvement of user-generated porn tubes like PorhHub and Xtube in child and revenge pornography.

We have an update.

In the fight for ethical pornography, Mastercard has adopted a policy to help porn sites ensure that its users are of the minimum age.

What is the plan?

In April, Mastercard announcement that a regulation on specialized dealers was in preparation.

The rules Took effect last Friday and they’re making a lot of change. The most important aspect of the regulations is that all adult sites that wish to access Mastercard’s payment processor will need to provide “clear, unambiguous and documented consent” for content on all of their platforms.

Mastercard also requires porn sites to document and verify the age of every actor who appears in videos uploaded to their platforms.

It’s getting harder and harder for sex workers

Not everyone is happy with this, and you can probably guess why.

Each second, around 28,000 people surf porn. If so much porn is consumed, it stands to reason that just as much is being created to meet the demand. While there is no reliable information on how much porn is produced per second, there is information on how much is downloaded. It is estimated that on sites like PornHub, which has hundreds of registered accounts, three hours of content is downloaded every minute.

It’s a lot of content to regulate, and a lot of players to check.

Sex workers also believe the new regulations only make things more difficult for them to do their job, and get paid for it. In September, more than 1,500 sex workers and allies signed a letter demanding that Mastercard revise its regulations.

There are also arguments that Mastercard actions are unnecessary, given that adult sites enforce stricter trust and security policies.

Zoom out: This is not a one-size-fits-all solution, as Mastercard is not the only payment processing platform available. While this is one of the most important, there are other options including PayPal, Visa, and Stripe, some of which work with adult sites to find solutions that work for everyone.


Join the Future Africa Collective – an exclusive community of investors who invest in startups that are building Africa’s future. With an annual subscription of $ 1,000 or a quarterly subscription of $ 300, you have the opportunity to invest a minimum of $ 2,500 in up to 20 fast-growing African startups each year.

Learn more here.

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If you had internet access anywhere in Africa 20 years ago, you were a member of the 4.5 million club.

At the time, Africa was lagging behind the rest of the world in terms of internet users. Twenty years and 560 million users later, the gap has narrowed. While there has been significant progress, the job is far from over. Only 43% of Africans had access to the internet as of December 31, 2020.

A large number of Africans access the Internet through their smartphones. As of October 2020, the majority of web traffic in main African markets from mobile devices. In Nigeria, one of the most populous African countries on the internet, 75% of web traffic was generated via smartphones and only 24% via PC devices. This is because mobile connections are cheaper and do not need the infrastructure required for desktops with fixed internet connections.

Yet mobile internet plans take a big chunk of the income of many African consumers. A mobile broadband subscription with at least 1.5 GB of data costs about four times more in developing countries than in developed countries. Africans pay an average of 7.1% of their monthly salary for a gigabyte of mobile. The data, more than 3 times the affordable amount, according to one Affordable Internet Alliance report (A4AI).

To address this problem, African governments need to formulate policies to increase competition in the mobile broadband market. One of the important factors influencing the price of mobile data is the competition in the market. A bad broadband policy that fails to create a healthy and competitive market costs users around $ 3.42 per GB, according to the Affordability Report 2019. Breaking a broadband monopoly can save users up to $ 7.33 per GB. For example, a drop in the price of mobile internet to $ 3.60 per month resulted in an increase of 3.4% adoption in Guinea-Bissau and an increase of about 1% in Niger.

Given the choice between paying for expensive mobile internet plans and other basic necessities, many African consumers will opt for the latter. If prices fall, the number of Internet users will increase.

Get all our reports here and look videos of our events. Do you have research requests? Send them to us here.


Have you signed up for the Endeavor Nigeria Catalysing Conversations summit next week?

Join the speakers at Endeavor Nigeria’s Fireside Discussions on October 21 at 10:30 am WAT, 2021, as they discuss the transformational power of technology in logistics and supply chains, financial freedom in border markets and emerging, the construction of a unicorn and their entrepreneurial journey.

Register here.

This is partner content.


Every week, we share job opportunities in the African ecosystem.

There are more opportunities here. If you want to share a job posting or an opportunity, please fill out this form.


Share your impressions with us on Twitter and Instagram, or send a response to [email protected]

We’ll post some of the more interesting answers on Friday.

What else do we read

  • Here’s why Uzoma Dozie’s Sparkle only had Nigerian investors in its $ 3.1 million funding round.


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