WhatsApp has announced the rollout of voice message transcripts, a feature that allows users to access written versions of their voice messages. This move is expected to revolutionize the way people communicate, especially in the e-commerce space where voice notes are commonly used.

The new feature can be accessed by selecting the "Chats" section in WhatsApp settings and then tapping "Voice Message Transcripts." Users can then long-press a voice message and tap the "Transcribe" option to get a written transcript. The feature supports multiple languages, allowing users to select their preferred language from those supported by their phone.

This development comes as Jiji, a Nigerian e-commerce platform, has scaled to success through acquisitions and cost-effective marketing. The platform, which allows users to buy and sell across 16 different categories, has over 6 million listings and at least 21 million users monthly. Jiji's success story is a testament to the growing e-commerce space in Africa, where WhatsApp's new feature is expected to have a significant impact.

In other news, a report by TLP Advisory has revealed that 49% of Nigerian startups make less than ₦10 million ($6,000) in annual revenue. The report highlights the challenges faced by startups in the Nigerian market, including the lack of growth capital, currency devaluation, and government policies. However, the report also notes that partnerships and mergers and acquisitions are crucial for the growth of Nigeria's tech ecosystem.