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Weekly Signal – Selar’s tax bill is the headline

Villpress Logo IconEsther Speak - Senior Reporter at Villpress
Staff Writer
Villpress Logo Icon
Staff @Villpress
The Villpress Staff Writers are an in-house team of experienced editors and industry experts dedicated to producing clear, insightful content. As part of Villpress, they cover...
12 Min Read

TGIF
A German food-delivery giant just got swallowed by Uber, a Lagos tax bill is quietly rewriting how Nigeria taxes digital income, and China wants the world’s AI rulebook written in Shanghai. Also: Nigeria tops Africa on responsible AI, a rent app for Nigerian salary earners just landed, and a data centre operator crossed $380 million because everyone suddenly needs somewhere to put their AI workloads. It’s a lot. Let’s get into it.

Nigeria · Tax & Policy

What happened: Selar founder Douglas Kendyson went public this week over a demand from the Lagos State Internal Revenue Service (LIRS) for a backdated 5% tax, after LIRS classified part of the company’s revenue as “royalty” income. Kendyson says Selar mostly earns from transaction commissions, subscription fees, and FX spreads, not royalties.

Why it matters: On paper this is one company’s tax dispute. Underneath, it’s a stress test for Nigeria’s Tax Act 2025, which took effect in January and redefined what counts as royalty income. A single digital platform can process payments, sell subscriptions, license software and pay out creators all at once — and how that revenue gets classified could shape tax assessments for every SaaS company, marketplace and creator platform in the country.

Zoom out: Neither side has confirmed a resolution. If Selar wins, expect it to become the reference case for how digital revenue is taxed going forward. If LIRS’s reading holds, a lot of founders are about to be reviewing their books.

Uber has formally launched a $14.8 billion all-cash takeover of German food-delivery giant Delivery Hero. This deal would create the largest food-delivery platform outside China, spanning 99 countries with a projected $236 billion in gross merchandise value. Delivery Hero will divest operations in 14 markets to clear regulatory hurdles, and Uber has pledged €2 billion in Germany through 2031. Prosus, a major shareholder, has already agreed to tender its stake.
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President Xi Jinping is using this week’s World Artificial Intelligence Conference in Shanghai to push Beijing’s vision for AI governance, with Huawei set to unveil its Atlas 950 SuperPoD computing system. The summit lands just ahead of the first formal US–China AI talks under the current administration — a reminder that the AI race is now as much about influence and standards as it is about compute.
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Nvidia is teaming up with Fanuc, Yaskawa Electric, Kawasaki Heavy Industries and Fujitsu to build AI-powered industrial robots, announced by CEO Jensen Huang in Tokyo. It’s Nvidia’s clearest move yet beyond data centres and into “physical AI” — machines that can perceive, reason and act, not just generate text.

Full story here ___

China’s Cyberspace Administration has registered Apple Intelligence, clearing the way for Apple’s generative AI suite in one of its most important, and most competitive, markets, where Huawei, Xiaomi and Vivo have raced ahead on AI features.
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Emirates telecom group e& is offloading its full Vodafone shareholding to a vehicle linked to French billionaire Xavier Niel, another sign that the shape of European telecoms ownership is shifting fast this year.
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Darryl Willis, Microsoft’s Corporate VP for Energy & Resources and former CEO of bp Angola, will speak at AEW 2026 in Cape Town (Oct 12–16) on how AI-driven data centre demand can be turned into long-term investment in African power generation and grid infrastructure.
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Emirates NBD is now the first bank in the MENAT region to enable live, real-time cross-border USD payments on the Partior blockchain network, settling directly with J.P. Morgan. It’s the first corridor in what the bank says will be a broader multi-currency rollout.
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Also in payments this week

Startups & African Tech


Startups · Logistics

Tagon isn’t a courier, it’s the plug that lets businesses tap multiple logistics providers through one integration instead of juggling separate courier relationships. “Logistics should be an enabler of growth, not a bottleneck,” says founder Israel Abiona, who’s positioning the startup as infrastructure for Africa’s underutilised delivery capacity.

Full story ___

Startups · Proptech

Salaries land monthly, rent lands as a lump sum once a year; that mismatch is what MyKreeb’s new Hompurse app is built to solve, letting salary earners auto-save toward rent, earn rewards, and access financing if they fall short. “The biggest problem with rent isn’t finding a house, it’s keeping it,” says co-founder Ishaq Willson.

Full story ___

Also worth knowing

  • Stellarix secures triple ISO certification: A signal the firm is doubling down on security, quality and process compliance as it scales.
  • Raxio Group crosses $380M in committed capitalShareholders Meridiam and Roha boosted their stakes as Africa’s data centre operator reports a sixfold surge in contracted power capacity in H1 2026 — proof that AI workloads are now driving real infrastructure money on the continent. (Not on Villpress — via ITWeb Africa / Business Wire)

Policy, Telecoms & Trade


AI Governance · Nigeria

Nigeria ranks as Africa’s highest-scoring country in the 2026 Global Index on Responsible AI (GIRAI), which assessed 135 countries on AI governance rather than AI capability. The catch: the report finds most governments — including top performers — are struggling to keep regulation anywhere close to the pace of AI adoption. The global average score sits at just 35/100, and only 18% of countries require public disclosure of their own government algorithmic systems.Full story

Quick hits: policy & connectivity

Villpress Intelligence · Deep Dive

From Kenyan loan apps that message a defaulter’s entire contact list, to a Dutch tax algorithm that flagged parents as fraud suspects for holding dual nationality — and brought down a government — this week’s essay makes the case that AI deployed on people without their consent isn’t a free efficiency. It’s a loan against trust that gets called in full, all at once, the day it’s discovered. Air Canada learned this when a tribunal ruled it couldn’t disown its own chatbot’s bad advice. UnitedHealth is learning it now, as a federal magistrate orders it to explain how its care-denial algorithm actually works.

The piece argues Africa has a rare opening here: having watched what discovery costs everywhere else, the continent can build AI on disclosure and accountability from the start — rather than importing the hidden-extraction playbook and paying for it later.Read the full essay

Who’s Hiring

Alpha Morgan Bank: open roles listed on their careers portal. See the listing →

Know a role we should feature next week? Reply to this newsletter or reach the Villpress team.

That’s the Signal for this week. Have a story we missed, a hot tip, or feedback on the format? We’re all ears — hit reply.

Have a great weekend. See you next Friday. 👋

— The Villpress Team

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The Villpress Staff Writers are an in-house team of experienced editors and industry experts dedicated to producing clear, insightful content. As part of Villpress, they cover the latest trends and innovations across business, technology, artificial intelligence, advertising, and more, delivering stories that inform, engage, and add real value to readers.
Esther Speak - Senior Reporter at Villpress
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Ester Speaks is a senior reporter and newsroom strategist at Villpress, where she shapes Africa-focused business, technology, and policy coverage.  She works at the intersection of journalism, and editorial systems, producing clear, high-impact news that travels globally while staying rooted in African realities.
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