Here's what You Need to Know about the Nigerian Tech Industry

If you want to know more about the Nigerian tech industry then you can find out everything you've ever wanted to know, right here. Of course, it's important to know that the tech industry is always changing and that there is always something that can be updated or changed. If you want to find out more about that then take a look right here.

Netflix is Billing Users in Local Currency

Netflix is now choosing to bill their users in their local currency. They are switching from the dollar to the Naira. Before now, the streaming platform always charged those who were accessing the site from Africa in dollar terms. The new price for the new plan is going to be NGN 4,400. Of course, the company have said that a statement is going to be sent out to customers over the weekend and that more needs to be done in order to really serve the needs of the people. Right now, it would seem that there are plans to finally launch operations that represent what the people want. Of course, other industries also make sure that they offer various currency options, and this includes the casino industry. The casino NetBet are just one of them.

Paxful is Building a Crypto School

It would also seem that Paxful have announced their plans to try and build a third school in their 100-school initiative. This is designed to try and bring quality educational centres to various emerging countries. This is going to be done throughout various areas and it's also going to offer a state of the art water system as well. This is going to be designed for children who are aged between 3 and 6 years of age. It's also been kicked off thanks to a $30,000 dollar donation from Paxful themselves.

2020 Tech Summit

The 3^rd African Tech Summit is also being held. The summit is going to serve as an avenue for Fintechs and even for start-ups too. It's also going to try and attract other investors and international supports.

Submarine Cable for Africa

After two networks across the Sub-Saharan dessert suffered from network woes, it would appear that a new submarine cable that is going to link the coast of East Africa has landed in La Siesta. The Submarine Cable deal has been facilitated between the Telecom Kenya, SubCom and the Djibouti Telecom as well.

Vodafone has Dumped Libra

Vodafone have also dumped Libra, Facebook's own cryptocurrency project. This does cast some doubt on the idea of the social giant's asset. Mastercard, Strip and even Booking Holdings all look to have left Facebook alone. The main reason for this is because they were concerned about the Facebook privacy record and they are also concerned about how this may disrupt the financial system for the company.

Only time will tell how things are going to unfold in the future but right now, things look to have changed for the better and various companies are now making huge improvements.