administrator
Telecoms

Solution for Digital Nomads Unveil on Kenya Coast

A developmental programme that aims to help digital nomads build impactful solutions has been launched in Kenya. Impact Nomads, launched in June, is a programme for remote workers who would like to unleash their full potential and co-create innovative, impactful solutions. The organisation aims to build a community of people who work remotely, and will […]

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Technology

Danbatta, NCC And Search For Nigeria’s Zuckerbergs

In his book, 21 Lessons for the 21st Century, Yuval Noah Harari pertinently and repeatedly gives us a wakeup call on the daunting challenges posed by the fourth industrial revolution. “It is undoubtedly, however, that the technological revolutions will gather momentum in the next few decades, and will confront humankind with the hardest trials we […]

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StartUps

FbStart Accelerator Application for Nigeria Opens, Now Includes Ghana

Facebook and Co-Creation Hub (CcHUB) have started accepting applications for Season 2 of the FbStart Accelerator and have opened the program to Nigeria and Ghanian innovators as well. If you’re building a solution that leverages advanced technologies (AI, IoT, Data Science & Extended Reality) in Nigeria and Ghana, the accelerator is designed to help you […]

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Technology

Terrestrial Fiber Infrastructure Investment key to Africa’s Digital Economy Growth, Say Experts

Experts at the ‘Africa Panel Session’ of the 2019 International Telecoms Week (ITW), held recently in Atlanta, USA, and ended last week stressed the importance of broadband infrastructure investment in facilitating the growth of Africa’s digital economy. Speaking on the theme “Enabling Africa’s Digital Economy”, Principal Analyst at TeleGeography, Patrick Christian, evaluated the African digital […]

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FinTech

Six Lagos fintech startups Gets Equity-free Funding from ARM Labs

Six Nigerian fintech startups have each received N3 million ($8,300) in equity-free funding after taking part in the ARM Labs corporate acceleration programme. The ARM Labs accelerator, managed by Ventures Platform, was designed to help idea and growth stage fintech companies commercialise and distribute their innovations. Startups were provided with co-working space and hands-on mentoring, […]

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Telecoms

Tax Case: MTN Expresses Confidence in Nigeria’s Court System, Witness Absence Stalls Proceeding

The absence of a witness for the Attorney General of the Federation on Wednesday forced the Federal High Court in Lagos to adjourn till October for hearing of a suit filed by MTN Nigeria Communication Limited against the AGF over N242bn and $1.3bn import duties and withholding tax assessments. MTN in statement however said:”We are […]

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Uncategorized

Energy Startup Arnergy Secures $9m Series A Funding

A Nigerian utility firm, Arnergy has raised $9 million in a Series A round of funding led by Breakthrough Energy Ventures and Norwegian Investment Fund for Developing Countries (Norfund), EDFI ElectriFI and Shells’ All On. Arnergy is a distributed utility company that provides energy solutions tailored towards emerging markets. Its distributed renewable energy systems harness […]

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StartUps

MAX.ng Lagos City Bike Transport Startup Raises $7m Funding Round

MAX.ng a motor bike transport company that easy traffic for commuters in the city of Lagos has secured $7 million in funding to expand across West Africa and add to its product offering. Founded in 2015, MAX.ng is a mobility platform that connects users to vetted professional motorcycle-taxi drivers via a mobile app. The startup […]

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StartUps

Lagos ed-tech Startup ScholarX Secures $100k in Pre-seed Round

Lagos ed-tech startup ScholarX, which was part of the Google Launchpad three class has raised $100,000 towards an intended $200,000 pre-seed funding round to launch new products and grow its team. Launched in Nigeria in July 2016, the ScholarX app allows users to select parameters and scroll through lists of available scholarships that match their […]

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Technology

Cloud IT Infrastructure Revenues Increase Despite Slow Down in Spending in 1Q19

Vendor revenue from sales of IT infrastructure products (server, enterprise storage, and Ethernet switch) for cloud environments, including public and private cloud, grew 11.4% in the first quarter of 2019 (1Q19), reaching $14.5 billion. Report from International Data Corporation (IDC) Worldwide Quarterly Cloud IT Infrastructure Tracker, showed it also lowered its forecast for total spending […]

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