Business

Briefly Bio Launches $1.2m Funding for Scientists to Reproduce Complex Experiments 

Science is in a reproducibility crisis. In preclinical research, it’s estimated that over 50% of efforts to reproduce experiments fail, costing the industry over $50bn each year. Solving this problem, techbio startup Briefly Bio has launched with software that makes lab work more reproducible by helping scientists capture and share their work clearly and consistently. With this […]

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StartUps

Huma Completes Series D $80m Financing, Launches Huma Cloud Platform with GenAI Integrations

Building and launching a scalable digital health product that meets regulatory demands typically takes a few years to deliver. Today, global healthcare AI company Huma Therapeutics Limited is announcing the completion of its Series D funding round to help cut that time down to days as it launches the Huma Cloud Platform. The platform offers no code […]

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Business

Open Startup Opens  Applications for $50,000 Pre-Seed Accelerator Program

AMA Press Release Open Startup (OST) continues its commitment to growing the African startup ecosystem with a call for applications for the OST Program. Developed in collaboration with Columbia Engineering and Columbia Business School in New York, the program aims to support early-stage startups and promising talents from Tunisia, Senegal, and Morocco. The OST Program is designed to assist 30 […]

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Business

NITDA Plans One Innovation Hub for Each State, Eyes NYSC as Partner

The National Information Technology Development Agency (NITDA), is targeting the establishment of one innovation hub per state of the Federation so that when people learn they can have a place to develop their proof of concept. Director General NITDA Kashifu Inuwa revealed that NITDA is exploring partnership with the National Youth Service Corp (NYSC) to […]

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StartUps

Lagos State Govt Pledges N1bn Tech & Innovation Hub Fund Devt for Startups

The Lagos state government has authorised $671,000 (1 billion Naira) in initial funding for startups at the Lagos State Science, Research, and Innovation Council (LASRIC). The Lagos State Governor, Babajide Sanwo-Olu, announced this at the LASRIC opening last week as part of his administration’s plan to develop Lagos into a technology and innovation hub. Governor […]

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Business

CcHub Launches “Let’s Build, Africa” to Empower Startups for Intra-African Cross-Border Growth

In celebration of Africa Day, Co-creation Hub (CcHUB) has announced the launch of “Let’s Build, Africa,” an innovative market entry program designed to empower African startups to expand their horizons and enter new markets within the continent. “Let’s Build, Africa” is a strategic initiative aimed at supporting startups that are poised for cross-border growth but […]

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Business

Lagos Innovation Policy Dialogue: Proposed Innovation Bill to Spur Big Tech Firm Support for Startups, Says Alake

The proposed Lagos State Innovation Bill when signed into law is expected to help bigger technology companies drive innovation in the Lagos state ecosystem by helping startups in the ecosystem through several collaboration activities in the ecosystem. Also, when implemented, the Bill is going to help the bigger tech companies to also innovate within the […]

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Women-In-Technology

All-Female Digital Healthcare, MobiHealthCare Secures Afrexibank $1.5m Funding to Expand Telemedicine Services

An all-female digital healthcare firm, has received a funding injection to help it expand its telemedicine services across Africa. The African Export-Import Bank (Afreximbank) and MobiHealthCare Limited (MobiHealth) have signed a project preparatory facility agreement to expand their presence in Nigeria. The financial injection would also enable Mobihealth to investigate the viability of developing similar […]

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Business

Universal API Tech Firm Unveils $10m Funding to Boost Developers’ AI Capability

Universal API for meeting bots Recall.ai has announced a $10 million funding round to allow engineers to integrate with any meeting platform, including Zoom, Google Meet, Microsoft Teams, Slack Huddles, and even platforms with no API. This funding round comes hot on the heels of 10x growth over the past 12 months. The Series A […]

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News

Artificial Intelligence key to Business Development, Says AI Expert

Small and Medium Enterprises (SMEs) in the country have been advised to embrace Artificial Intelligence (AI) technology to grow their businesses. Founder AI Nigeria, Ehia Erhabor, made this submission in his presentation titled “ Using AI for business innovation” delivered at the Ecobank MySME Growth Series webinar. He emphasied that AI is a gamechanger particularly […]

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