Business

Africa’s Blue Economy Set for Boost as BlueInvest Opens Application for 2024 Entrepreneur Contest

AMA PRESS RELEASE   BlueInvest Africa is calling for African entrepreneurs eager to venture into the blue economy. Thirty outstanding projects will be handpicked for presentation to a panel of investors at the second edition of BlueInvest Africa, scheduled to take place in Kenya on 3 and 4 July 2024. The deadline for applications is […]

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Business

Co-creation Hub Appoints New MD, Ojomo Ochai Replaces Bosun Tujani

Co-creation Hub (CcHUB), Africa’s innovation center, proudly has appointed Ojoma Ochai as its new Managing Director. This strategic move follows the former CEO, Bosun Tijani’s commendable transition to serve as the Minister of Communications, Innovation, and Digital Economy of the Federal Republic of Nigeria. Ochai, previously the Managing Partner at the Creative Economy Practice of […]

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Telecoms

ITU’s Partner2Connect Digital Coalition Secures $7b Connectivity Project

ITU’s Partner2Connect Digital Coalition has identified new connectivity projects worth $7 billion worldwide in 2023, the UN tech agency announced at Partner2Connect’s second annual meeting in Geneva, Switzerland. The new commitments increase to nearly $37 billion the value of resources mobilized by Partner2Connect (P2C) since the pledging platform opened in March 2022. ITU reported earlier […]

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Business

Africa’s Fintech Landscape to Witness Massive Mergers & Acquisition in 2024, Says Trade Lenda Report

The current funding landscape in Africa’s fintech sector is expected to result to more acquisitions that would be considered by existing startups according to the predictions for 2024 Sub-Saharan Africa Fintech Landscape released by the Co-Founder and Chief Executive Officer of Trade Lenda Limited, Mr. Adeshina Adewumi In the report titled, The Future of Fintech […]

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Business

Patricia Technologies Applauds Police for Nabbing Culprit Behind Platform’s Security Breach

Patricia Technologies, a Nigerian cryptocurrency exchange has commended the  Nigerian Police Force for apprehending the perpetrators behind the security breach on its trading online platforms sometime ago. Chief Executive Officer of the Tradefada, Seun Dania in a statement highlighted the significance of the Police effort in restoring trust not only in Patricia Technologies but also […]

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Financial

Five Startups of IHATCH Initiative Secure $266,000 Grants as NITDA Extends Programme to More States

Five startups of Cohort One and two of the National Information Technology Development Agency (NITDA), 5-month free intensive incubation programme have secured grants worth about $226,000. According to the Director General of NITDA, Mr Kashifu Inuwa, Xolani Health (a health tech startup from the first cohort) secured a grant worth $155,000, BetaLife (a health tech […]

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Business

Nigeria to Release Legal Framework for Investment in Digital Public Infrastructure Soon

The legal framework that will make it easier for investors to invest in digital public infrastructure in Nigeria would soon be ready. When ready, it would aid automation of governance, and fast track the digitising the Nigeria’s Micro, Small and Medium Enterprises (MSMEs) to drive the needed sustainable economic growth. According to the Director-General of […]

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FinTech

Trade Lenda in Partnership with TechnologyMirror Take SMEs Trade Fair to Kwara State this Weekend

Following the successful hosting of the Lagos edition of Trade Lenda SME Trade Fair, Trade Lenda in partnership with TechnologyMirror move the fair to Ilorin, the Kwara State capital city this weekend. The Kwara Trade Lenda Fair is set to be a pivotal event, showcasing a dedication to empowering small and medium-sized enterprises (SMEs) and […]

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Business

Nigeria Govt Gives Backing to Startup Acts, Opens Portal for Engagement with Startups

The Nigerian Government has set up a Startup Support and Engagement Portal, designed as a one-stop shop for startups, venture capital companies, hubs, and innovation stakeholders through the efforts of the . National Information Technology Development Agency (NITDA). The portal will facilitate the labelling of Nigerian Startups and the registration of Venture Capitalists, Angel Investors, Accelerators, […]

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Economy

Nigerian Govt Set to Raise N200m from Philanthropy for MSMEs Funding 

The Nigerian Government intends to raise N200m from a philanthropic organisations as part of efforts to create jobs and support Micro, Small, and Medium Enterprises (MSMEs) The Senior Special Assistant to the President on MSMEs and Job Creation, Office of the Vice President,Temitola Adekunle-Johnson in a statement said the funds will be invested in key […]

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