AMA PRESS RELEASE In 2023, global venture capital investment experienced another lackluster year, reaching a modest $285 billion. This marked a significant 38% decline year over year (YoY), plummeting from the $462 billion invested in 2022. Despite Africa’s resilience in 2022 when the downturn commenced, the continent was not immune to the funding challenges of […]
Read MoreArtificial Intelligence has become the latest buzzword in the business world as companies worldwide look to implement AI in their processes. However, the implementation of AI has its own challenges, and according to the latest survey, proving the value of AI solutions to businesses might be the biggest one. According to the data presented here […]
Read MoreThe Nigerian Government has bought over a total of 10 mobile power stations as part of . move to resolve challenges around power supply in the country, Minister of Power, Adebayo Adelabu revealed this on Wednesday, February 28, when he met with the Forum of Commissioners of Energy in Nigeria, in a bid to strengthen […]
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MainOne, an Equinix Company, has announced its pivotal role in the historic landing in Akwa Ibom State of the first and only submarine cable system in Nigeria outside of Lagos. This collaboration marks a significant milestone in enhancing broadband connectivity and driving economic development in the South-South, South-East and North-Central regions of Nigeria. The company […]
Read MoreSeplat Energy PLC, a Nigerian independent energy company listed on both the Nigerian Exchange and the London Stock Exchange, has announces its audited results for the twelve months ended 31 December 2023, recording a growth 12 per cent in revenue from N403.9bn to N696.9bn. The Board recommended a special dividend of US 3 cents per […]
Read MoreIn 2023, partnerships were one of the most overused growth strategies in the startup ecosystem. Faced with tighter funding conditions and more cautious investors, founders leaned heavily on collaborations to access distribution, credibility, capital, and technical capability. Announcements were frequent. Strategic alliances were publicised. Memorandums were signed. Yet behind the visibility, a quieter pattern emerged. […]
Read MoreThe Dangote Cement Plc has emerged winner of the 2023 NatureNews Environmental Sustainability Award. The award was conferred on the company Tuesday at the 3rd Anniversary Lecture of NatureNews and Presentation of the Hero of Environmental Actions for Development (HEAD) at the Shehu Musa Yar’Adua Centre, Abuja. The 3rd anniversary has as its theme: “Climate […]
Read MoreThe Nigerian Communications Commission (NCC), has assured of its dedication to fostering an enabling environment for telecommunications industry, where local content and innovation can thrive. The NCC harped on the importance a robust local content value chain, and how it will not only create economic opportunities but also contribute to technological advancement, job creation, and […]
Read MoreIn 2023, partnerships were one of the most overused growth strategies in the startup ecosystem. Faced with tighter funding conditions and more cautious investors, founders leaned heavily on collaborations to access distribution, credibility, capital, and technical capability. Announcements were frequent. Strategic alliances were publicised. Memorandums were signed. Yet behind the visibility, a quieter pattern emerged. […]
Read MoreAMA PRESS RELEASE After successfully hosting the first Edition of the West Africa Telecoms Summit and Exhibition (WATISE), a regional gathering of telecoms players and stakeholders in the industry, all is now set for the second edition, WATISE 2.0, according to the organisers, TechnologyMirror, an ICT and Telecoms news cum information website. Announcing the WATISE […]
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