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As the role of these services in the lives of consumers and the digital economy continues to grow, financial institutions need to ensure they are doing their part in enabling seamless experiences. 

In today’s digital age, where convenience is paramount and subscription services are on the rise – expected to reach $406 billion globally by next year – managing recurring payments has become more challenging – and critical – than ever. 

From streaming platforms to monthly meal kit deliveries, subscription services offer unparalleled convenience and customization, reshaping how consumers purchase products and services.

An eCommerce company offers a ‘Prime’ example, with more than 200 million worldwide members holding a subscription to same- or next-day deliveries – an offering expanded over the years to include access to exclusive deals, a streaming video on demand (SVoD) service, and more. The company’s Subscribe & Save allows users to automate deliveries of household essentials, not only making routine purchases hassle-free but also offering discounts. These services have become integral to the daily lives of their users, shaping spending habits and expectations.

As the popularity of SVoD services continues to rise in CEMEA, the growth potential is substantial – as is the corresponding significance of the wider subscription economy. Across the Middle East and North Africa, Sub-Saharan Africa, and Eastern Europe, SVoD subscriptions are expected to have doubled by 2029. 

This growing subscription trend extends far beyond large corporations to SMBs, with a multitude of subscription services catering to diverse needs. From bespoke beauty collections delivered across GCC by a beauty subscription box to a South African eCommerce platform that sends subscribers premium stationary boxes every month, subscriptions offer convenience, customization, and cost savings. Even traditional industries like pet supplies and prescription drugs have embraced subscription models, providing recurring deliveries tailored to individual preferences.

The subscription economy’s growth has been fueled by various factors, including the rise of eCommerce, consumer demand for personalized experiences, and advancements in technology. Today’s consumers enjoy access to a vast array of products and services without leaving their homes, scheduling deliveries and accessing services to fit their lifestyles seamlessly.

This surge in subscription-based services presents both opportunities and challenges for consumers and businesses alike. While consumers do enjoy the benefits of convenience and cost savings, managing multiple subscriptions can be overwhelming, and consumers need a solution that provides transparency and control over their recurring payments.

Recognizing the key role that subscriptions have to play in consumers’ lives and within the wider digital economy, Visa has launched Subscription Manager, a tool for financial institutions to provide Visa cardholders with a simpler and streamlined way to track and manage their subscriptions directly from their banking apps.

With Subscription Manager, cardholders have convenient oversight as to where their card details are stored, helping them identify recurring payments associated with their cards, and cancel unwanted subscriptions with a few convenient clicks – across everything from streaming platforms and gym memberships to news apps. 

As the demand for subscription-based services continues to rise, so too does the need for streamlined management of payments. Subscription Manager not only meets consumers’ evolving needs but also benefits issuers and acquirers. By reducing chargebacks, disputes, and call center volumes, Subscription Manager lowers costs and enhances operational efficiency for issuers. For acquirers, it reduces payment authorization declines and standardizes the handling of stop payment instructions.

With the subscription economy continuing to reshape consumer spending habits, banks must provide solutions that ease the management of recurring payments. By embracing these tools, financial institutions can continue to provide value-added services that meet consumers’ evolving needs – and retain their loyalty.

The African financial landscape is undergoing a rapid digital transformation, driven by a surge in mobile phone usage, internet penetration, banking digitalization, and fintech innovation. According to the Global System for Mobile Communications report (GSMA), over the next five years, 4G adoption in the African region will more than double, reaching 45%. These changes  have the potential to revolutionize the continent’s financial services industry, empowering millions with access to regular bank accounts and other financial tools for the first time. However, this progress also brings a significant challenge: the rise of digital fraud.

In Africa, stolen data and data breach cyber attacks, social engineering scams, phishing attacks, and SIM swap fraud are prevalent tactics. These malicious activities threaten to undermine the trust and confidence essential for the sustained growth of the digital financial ecosystem on the continent. As a global orchestration and whitelabel payment platform provider, with integration across 500+ local and international Payment Service Providers (PSPs) and acquirers in the EU, UK, Africa, Canada, Asia, the Middle East and beyond, Paysecure has vast experience quelling a breadth and ingenuity of fraudulent tactics employed across different markets. Further, we will delve deeper into these strategies. 

The Cost of Inaction

While there are no recent reports on the financial damage of digital fraud in Africa, a report by the cybersecurity firm, Serianu, estimated that cybercrime would cost Africa $4 billion in 2020. This figure represented a significant drain on the continent’s resources, particularly for small businesses and individuals who are often the most vulnerable to fraud due to the lack of awareness on cybersecurity and poor access to defense tools. The reputational damage suffered by the likes of Nigeria’s leading lender First Bank in its recent chargeback fraud – involving over N40 billion ($29 million) – can damage trust and deter customers and investors. The country’s largest bank, Access Bank, also lost NGN2 billion each ($3 million) in a month due to data breaches.

Paysecure’s Strategies to Mitigate Digital Fraud

To safeguard Africa’s digital future, a comprehensive approach to fraud prevention and mitigation is imperative. This involves leveraging cutting-edge technology, strengthening regulatory frameworks, fostering collaboration between stakeholders, and raising awareness among consumers. 

1. Understand the market and the fraudulent behaviors 

It is crucial for businesses or merchants collecting cross-border payments across the region to partner with a payment orchestration platform provider supported by R&D experts in their respective market. Our Paysecure local specialists get firsthand experience with the specific fraud tactics prevalent in the region. In our experience, they have become indispensable assets in identifying suspicious activity based on local trends and payment behavior, allowing our orchestration platform to be more responsive to regional threats. 

Africa is a continent with 54 different markets and dissimilar regulatory frameworks for data security, payment processing, and KYC capture, which at times create loopholes for syndicates to infiltrate user accounts and move funds. An example is the standard KYC identification across Africa, the national ID card, which comes with varying levels of security features for different countries. Some use laminated paper, some have quality polycarbonate cards while a few developed countries like South Africa and Nigeria have plastic cards with security elements like hologram overlays and color-shifting inks. Obviously, user identity theft will be easier in countries using laminated ID cards. At Paysecure we have insights into this peculiarity through our experts on the ground. This enables us to innovate flexible solutions that adhere to all relevant regulations, and that help our clients to reduce the risk of compliance fines and operational disruptions.

This knowledge of the local context and language helps us in customizing fraud detection and prevention algorithms, as well as in generating rapid responses to better block out identity theft, data breaches, suspicious phishing attacks, and socially engineered scams. This faster response time minimizes potential customer loss and damage caused by security breaches.

2. Verify user patterns

In any business operation,  the foundation of fraud prevention is ensuring the effective capture and verification of user identity. Gone are the days when a simple password was enough to secure online transactions. Implementing multi-factor authentication (MFA) adds layers of security by requiring users to provide additional verification factors, such as a one-time code sent to their phone or biometric authentication (fingerprint, facial recognition). These unique biological identifiers are much harder to forge than traditional passwords or PINs. This makes it significantly harder for fraudsters to steal identities or hijack accounts and move funds even if they obtain user login credentials.

Consequently, our Whitelabel solution is armed with enhanced transaction security capability, a unique Trust Score system, customized KYC processes, and detailed analysis of user profiles. This includes chargeback scores, payment history, and device fingerprint assessments, to secure businesses and user funds. In our line of work, to improve security and reduce chances for digital fraud on the continent, the standard transaction authentication should move from single-factor authentication to multi-factor enabled. 

Furthermore, our User Trust Score has an innovative system that weeds out potential fraudsters, minimizing chargeback fraud and keeping payment systems secure. It analyzes a wide range of data points, from user’s past transactions to device fingerprints, to create a comprehensive picture of customers’ trustworthiness. This 360-degree view empowers businesses to make informed decisions, increase the longevity of the payment process, and exercise better control over chargebacks. By identifying trustworthy users, businesses can safely raise transaction limits, streamlining the process for honest customers and fostering trust in transactions. 

3. Stay informed and collaborate

A third strategy to mitigate fraud is collaboration and information sharing among key stakeholders. Financial institutions, fintech companies, regulators, and law enforcement agencies need to collaborate and share information on fraud trends and tactics. This can enable faster detection and response to emerging threats. For example, we have noticed that the Kenyan Bankers Association (KBA) established a fraud intelligence-sharing platform that allows member banks to share information on fraudulent activities, leading to improved fraud prevention and detection across the industry.

4. Have a robust orchestration platform

Lastly, an obvious approach to plummeting digital fraud on the continent is for businesses to boost their cybersecurity infrastructure. Every other month, news of a leading fintech or crypto company and even banks going burst due to fraud makes business and technology headlines.  Especially for mid-sized companies, often, adequate attention and resources are not given to cybersecurity and this is where gaps are created.     

Thus, businesses must invest in robust cybersecurity infrastructure, including firewalls, intrusion detection systems, and encryption, which are essential to protect sensitive financial data from hackers. Regular security audits and vulnerability assessments must also be conducted to identify and address weaknesses in systems. 

Up to 5,000 transactions pass through our robust solution per second supporting 180+ currency conversion with 100+ pay-out methods. Our system is protected by a world-class robust cybersecure infrastructure which can offer African PSPs and businesses advanced security. We have bagged the 2022 update of ISO 27001 certificate, the globally recognized standard for Information Security Management Systems (ISMS). Our PCI DSS Level 1 certification is the most rigorous level of compliance within the Payment Card Industry Data Security Standard (PCI DSS). It’s designed to ensure the strongest security measures are in place for organizations that handle over 6 million Visa transactions annually of card transactions and some variations depending on the specific card brand.

The digital revolution in Africa presents a unique opportunity for financial inclusion, but it also demands a collective response to the growing threat of digital fraud. By implementing a multi-pronged approach that leverages advanced technology, strengthens regulations, fosters collaboration, and educates consumers, stakeholders can build a secure and thriving digital financial ecosystem for Africa. As a trusted partner with local expertise and a global reach, we at Paysecure are committed to being part of the solution, empowering Africa’s financial future.

You can learn more here. 

Rubies, once Nigeria’s foremost digital bank, is back! During its operations which came to an abrupt halt in 2021, the 180,000 customer-strong digital financial powerhouse, with a daily transaction portfolio of 1.5 billion Naira, handled personalized banking services and merchant-collections so seamlessly that it became an industry reference point.

But the unthinkable happened on February 2, 2021, the digital bank was abruptly (without any communication) disconnected from the interbank ecosystem, thus compelling it to refund more than 30 billion Naira on that faithful day to its customers, who were as shocked as the bank’s founders and employees over the inexplicable development.

The shockwaves rocked the general public as the bank’s loyal customers expressed deep concerns on both mainstream and social media. In the words of the digital bank’s CEO, Aliu Muibi-Hammed, “It was so bad that we couldn’t explain what was happening to the general public. We were burning but could not shout for public intervention or legal help. It was that bad.”

Understandably, it was even difficult to extract explanations from the bank’s founders as they couldn’t tell the general public exactly what was going on at that time. Primarily, they were more concerned with ensuring that every customer got his/her money back.

“Well, we had no option but to wait it out and simply present our case again when the time was right. To God be the glory that it didn’t take too long for us to get justice,” says the CEO, Aliu.

Barely three years since that most-unfortunate development, Rubies, once the toast of digital banking, is now back with added freshness.

With the highly acclaimed beta version of its new banking application, the new theme of the digital bank is “SEND MONEY JUST LIKE YOU SEND DIGITAL MESSAGES”. And, according to the CEO, “There is more to come, hence our esteemed customers are advised to watch out!”

For more information about Rubies visit their website: https://www.rubies.ng/.

Download the new Rubies app, Via:  https://shorturl.at/NNlhq

Tier-1 Banks Join  Africa’s First Regulated Blockchain Network for Payments.

Lagos, Nigeria – July 10, 2024 – Zone, Africa’s fastest-growing payment infrastructure company today, announces that three of Africa’s largest and most prominent financial institutions—FIrst Bank, UBA, and Zenith Bank, — have joined other Banks and Fintechs on its decentralized payment network. This announcement follows Zone’s recent $8.5 million seed funding round led by Flourish Ventures and TLcom Capital, and the launch of its decentralized PoS Payment Gateway, ZonePOS. These milestones represent major advancements towards the company’s mission of connecting every monetary store of value by harnessing the power of blockchain.

Zone secured a switching and processing license from the Central Bank of Nigeria in 2022, making its payment infrastructure Africa’s first regulated blockchain network for payments. By integrating with Zone’s regulated blockchain network, UBA, Zenith Bank, and First Bank along with other financial service providers already on the network, will significantly enhance their payment processing capabilities. These banks will benefit from being able to route  transactions directly between participants on the network, which eliminates intermediaries and reduces failure points, resulting in faster, more reliable, and more scalable transaction processing  at lower costs. 

With its unique architecture and underlying technology, Zone’s blockchain powered payment infrastructure is expected to serve as a major catalyst in the transformation of Nigeria’s payment industry and the actualization of the highly anticipated cashless society. With leading banks like Zenith Bank, First Bank, and UBA already integrated and processing transactions on its network, the industry stands to gain more than just improved transaction reliability. This is because connecting financial service providers directly with each other also delivers payment experiences with significantly less friction and allows payment service providers function with little to no operational risks. Specifically, Zone’s network provides end-to-end transparency and automatic reconciliation, which eliminates chargebacks, prevents chargeback fraud, and delivers same-day settlement to financial institutions and their customers. 

Commenting on the announcement, Obi Emetarom, CEO and co-founder of Zone, said: “We are thrilled to have UBA, Zenith Bank, and First Bank  our network. Their integration into our decentralized payment network is a significant milestone in our journey to advance the payment landscape in Nigeria and the rest of the world. Having some of Africa’s largest and most reputable financial institutions, underscores the growing trust in our technology and its ability to deliver on our promise of reliable, frictionless and universally interoperable payment experiences. As we continue to expand and enhance our payment network, we remain committed to connecting every monetary store of value and enabling a truly inclusive financial ecosystem operating without cash.”

About Zone

Zone is a regulated blockchain network that enables payments and acceptance of digital currencies. Its Layer-1 Blockchain network digitises Fiat payments and enables the transition to digital currencies while connecting previously excluded financial institutions into an all-inclusive payment ecosystem. Zone, Africa’s first decentralised payment network, allows participating institutions to connect directly with each other and perform payment transactions without an intermediary while completely automating settlement, reconciliation, and dispute management. The Company is working with the brightest minds on the continent to lay the foundation for the decentralised future of financial services. Its mission is to connect every monetary store of value by harnessing the power of blockchain.

For more information, please visit www.zonenetwork.com.

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It’s no secret that cryptocurrencies have created unique opportunities for investors. If you have been on the lookout for new ways to earn with crypto, then you may have heard of spot trading or spot Bitcoin ETFs. 

Before you set out to seize the day, it’s important to do some research. In this article, we’ll answer the question, “What is spot Bitcoin?” and provide insight into its relevance. 

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About Bitcoin: Is It a Good Asset to Invest in? 

Before we talk about spot trading, we thought it would be best to begin by talking about Bitcoin and why it is the cryptocurrency of choice for many investors. 

Bitcoin is a digital currency that was released in 2009 by Satoshi Nakamoto. It has grown to become a worldwide phenomenon. Many altcoins have emerged since its inception. 

There are a number of reasons why this virtual currency is a great investment option. Let’s look at some of them in the section below.

• It’s accessible. The truth is that it’s not difficult to purchase Bitcoin today. Thanks to its widespread adoption, you can purchase this currency from just about anywhere in the world.
• High liquidity. Because Bitcoin is one of the most widely traded cryptocurrencies, there is sufficient liquidity, ensuring that the asset is always available to investors.
• There’s potential to profit. Digital currencies are highly volatile. While this could be a drawback, resulting in loss, it could also result in great rewards if you know what you’re doing.
• Blockchain technology. Bitcoin uses blockchain technology, ensuring that there is great transparency. This reduces the risk of fraud.

With that in mind, let’s discuss spot Bitcoin trading. 

Understanding Spot Bitcoin Trading

If you’ve been doing your research on crypto trading, the chances are that you have come across the term “spot trading.” This strategy involves buying and selling Bitcoin at its current market price, which is known as the “spot price” in the crypto world. 

To make a profit, you would purchase the cryptocurrency at a low price and sell it at a higher price. 

How to Spot Trade Bitcoin

Suppose you’re hoping to try your hand at this type of trading. In that case, you can follow the steps below to get started. Keep in mind that you’ll need to find a reliable crypto trading platform that supports spot trading in order to do this.

1. Buyers will start by placing an order for Bitcoin at a specific bid price.
2. Sellers, on the other hand, will set a sell price.
3. Bid and sell prices are then logged in an order book, and once a specific bid price matches a sell price, a transaction takes place.
4. The buyer will then hold onto their newly acquired Bitcoin until market conditions change and they are able to sell their holdings at a higher price.

The Importance of Spot Trading

Although this strategy may be overlooked for its simplicity, it’s important to remember that it plays a crucial role in the industry. Spot trading forms the bedrock of the crypto market and is the primary means for investors to acquire Bitcoin. In the section below, we’ll explore more reasons why this strategy is important. 

• Establishing accurate market value. When this digital currency is traded in real time, it allows for the most accurate representation of its market value. 
• Liquidity. It’s also important to remember that spot trading contributes to the liquidity of Bitcoin, ensuring that the asset is available for potential investors to purchase when the need arises.
• Easy to execute. The truth is that other types of investments, such as options or futures, can be confusing and complicated. Spot Bitcoin trading allows you to dabble in crypto without the complexity.
• You have control. When you use this strategy, you will have complete control over your assets. You get to decide when to buy and sell rather than leaving these decisions to a bank.
• Spot trading lays the foundation for other investment types. As you will see later on in this article, spot trading also gives rise to other products, such as futures contracts and ETFs.

In addition to spot trading, there are other ways to profit from Bitcoin’s price movements. Spot Bitcoin ETFs are one of them. We’ll take a closer look at this type of investment in the next section.

Do you enjoy sports betting? Check out this article on reasons to bet on only one sport!

What Are Spot Bitcoin ETFs? 

A spot Bitcoin ETF is simply an exchange-traded fund (ETF) that uses cryptocurrency as its underlying asset. When you purchase shares, you’re essentially investing in a portion of the Bitcoin holdings that the fund owns.

This is a relatively simple way to invest in Bitcoin, as you can simply set it up using your normal brokerage account. It’s a great option if you are not familiar with crypto exchanges or if you want to avoid security risks.

In an ETF, Bitcoin is held in a secure digital vault that is managed by a custodian. Shares are then issued to investors on exchanges, and share prices typically mirror market prices. The ETF periodically rebalances its holdings by purchasing or disposing of tokens.

Trading Bitcoin

If you’re considering spot Bitcoin trading or ETFs, we recommend conducting as much research as possible on your chosen investment type. Make sure that you are considering your own risk tolerance when making a decision on which one to choose to avoid disappointment. 

It’s also a good idea to get expert guidance from a financial professional who can explain your options and provide tailored advice. We also recommend carefully selecting your crypto exchange. Stick to reputable platforms and do your research so that you know what to expect from a particular exchange.

The Bottom Line

Investing in Bitcoin through direct trading or spot ETFs lets you dabble in one of the most successful cryptocurrencies on the market. If you’re the kind of person who enjoys taking chances to earn money, then why not play your favorite game at 777BET?

Empowering African Innovation and Showcasing Growth: inDrive Leads the Charge at Lagos Startup Week 2024

4 July, 2024, Lagos, Nigeria ― inDrive, the globally recognized mobility and urban services platform, has announced its sponsorship and participation in the highly anticipated Lagos Startup Week 2024. The annual event, which is in its 8th edition, will be held from July 8th to July 13th, 2024 at the Federal Palace Hotel, Victoria Island, Lagos. 

This year, both Aurora Tech Award and inDrive ride hailing team will be present to showcase their growth in challenging injustice in Africa, as well as highlighting the impactful work of the Aurora Tech Award in bridging the gender gap in the tech space across the continent. The event brings together entrepreneurs, investors, and industry leaders to discuss, learn, network, and showcase groundbreaking ideas and innovations that can shape the future of the startup ecosystem in Lagos and beyond.

In addition to being the headline sponsor of the Lagos Startup Week 2024, inDrive will be part of other industry gatherings where the business team hopes to share the company’s growth story, highlighting its role in revolutionizing ride-hailing in Africa. 

On Friday, 12 July 2024, Somachi Chris-Asoluka, Ifeoma Nwobu, and Eniola Edun, will take the stage at Lagos Startup Week (LSW) 2024 as part of the Women Who Launch panel discussion where Nigerian female innovators will lead the conversation, empowered by Aurora Tech Award, an inDrive initiative, which is a global prize for women founders of tech startups. The gender gap in the African tech ecosystem manifests in various forms, including leadership representation, funding disparities, and pay gaps. To combat this gender bias, Lagos Startup Week is dedicated to fostering a community for African female innovators over the past nine years, providing them with opportunities to grow, learn, and connect in the tech space. 

Senior Business Development Representative of inDrive Nigeria, Timothy Oladimeji, will be participating in a fireside chat on Thursday, July 11, 2024. This event will focus on highlighting the significant milestones achieved by inDrive, as well as the company’s future plans. Timothy Oladimeji will share insights into inDrive’s journey, its impact on the Nigerian transportation sector, and the strategies in place to further enhance the company’s services and reach.

It is worth noting that inDrive participated in last year’s edition of the event where it took the opportunity to launch its freight product feature “inDrive.Freight”.

Lagos Startup Week (LSW) is an annual event that has established itself as a pivotal platform for driving thought-provoking narratives and fostering connections within the tech ecosystem.

With its unique model, inDrive has remained a forerunner in people-first focused transportation services, revolutionizing traditional ride-hailing services. inDrive is among the two most downloaded apps in two consecutive mobility companies worldwide. It currently provides coverage and reaches more than 16 cities in Nigeria. The list of cities includes Lagos, Benin City, Ibadan, Port Harcourt, Jos, Enugu, and Owerri, among others.

With this license, the ride-hailing app will be able to provide mobility options for passengers and contribute to the socio-economic growth of the nation’s capital via an accessible and interconnected urban mobility system.

About inDrive 

inDrive is a global mobility and urban services platform headquartered in Mountain View, California, USA. The inDrive app has been downloaded over 175 million times and was the second most downloaded mobility app in 2022. In addition to ride-hailing, inDrive provides an expanding list of urban services, including intercity transportation, freight delivery, task assistance, courier delivery, and employment search. inDrive operates in more than 700 cities across 47 countries. It supports local communities via its peer-to-peer payment model and community empowerment programs, which help advance education, sports, arts and sciences, gender equality, and other vital initiatives. 

For more information visit www.inDrive.com  

Bauchi, Nigeria — After 13 months of dedicated collaboration, engineering, construction, and knowledge sharing, The Offshore Lab has proudly announced the successful completion and commissioning of the state-of-the-art ICT and Innovation Centre at Sa’adu Zungur University. This landmark project, inaugurated on July 4th, 2024, marks a significant leap forward for the Northeast region and the nation, aiming to bridge critical infrastructure deficits and foster technological and national development.

The new ICT Centre stands as a beacon of innovation and learning, addressing both local and global challenges through advanced technology. Its primary focus is on tackling pressing issues such as climate change, deforestation, and supporting smallholder farmers to increase yield, improve market access, and integrate modern technology into their practices.

The centre is designed to equip young minds with cutting-edge technologies and digital skills, empowering them to become makers, creators, and change agents who can address issues of national importance. With facilities funded by Shell Petroleum Development Company (SPDC) and NNPC Limited, the centre boasts a 100KVA generator, a borehole, and overhead and ground tanks to ensure uninterrupted learning and innovation.

The ICT Centre is outfitted with the latest educational technology, including interactive SMARTBoards, fully equipped laboratories, high-speed computers, robust network connectivity, 3D printers, projectors, and hardware training gear. These resources provide students and lecturers with a comprehensive platform to explore and develop innovative solutions.

The building itself is a unique landmark, adorned with bespoke wall murals that not only beautify the infrastructure but also convey powerful and inspiring narratives. These artworks transform the centre into more than just a learning space – they create an environment that inspires creativity and innovation.

The Offshore Lab expressed deep gratitude to the project sponsors, including NNPC Limited and Shell Development Company (SPDC), the University under the leadership of Professor Fatimah Tahir, the host communities, and the Emirs and royal fathers of Bauchi.

“For organizations focused on agrotechnology, climate change, and development, this centre represents a combined opportunity of access to vibrant young minds and a fully equipped facility,” said Emeka Obiwulu, CEO of The Offshore Lab. “We look forward to the stream of talent, innovative solutions, and regional and national growth that will emerge from this transformative project.”

The ICT Centre at Sa’adu Zungur University stands as a testament to the power of collaboration and the impact of investing in technology and education. As the region looks forward to a future of sustainable development and innovation, this project is set to play a pivotal role in shaping a brighter tomorrow for Nigeria and beyond.

Contact Information:

The Offshore Lab

chiamaka.enoch@theoffshorelab.com

+234 913 014 7792

www.theoffshorelab.com

About The Offshore Lab:

The Offshore Lab is dedicated to fostering innovation and development through end-to-end project delivery, cutting-edge technological solutions and education. By collaborating with key stakeholders, The Offshore Lab aims to address critical challenges and drive sustainable development in Nigeria and Africa.

LAGOS; JULY 08, 2024: Small, medium, or large businesses looking to explore how Generative AI (GenAI) can enhance their operations without the complexity of technical setups, can now heave a sigh of relief. 

Neural AI, a Lagos-based provider of essential support to organizations intending to build and deploy Large Language Models (LLMs), has developed and launched a composable, ready-to-use data and AI compute infrastructure called REACTOR.

Chidera Anyanebechi, the general manager of NeuRaL AI told journalists on Monday that NeuRaL AI’s REACTOR simplifies everything with no self-hosting required, no need to construct and manage complex infrastructure and no operation of machine learning pipelines, caching, or query engines.

The startup also said that with REACTOR, companies do not require management of tens to hundreds of gigabytes of data nor expensive AI engineers or operations teams necessary.

“What we have developed we are assuring businesses that no expertise in data science or machine learning needed to benefit from GenAI. AI has become a leveler for all businesses irrespective of size”, she said. “We handle all the heavy lifting for you”.

According to Anyanebechi, the comprehensive Neural AI architecture gives the user access to a dedicated “Metal Vault” within its virtual compute cluster data center (REACTOR) which includes a dedicated IP and a user-friendly interface.

“We manage everything for you, from initial setup to ongoing maintenance. We will guide you through the entire process shown in the diagram and provide training for your team on how to use the system.

“All this is available starting at just N99k per month (excluding VAT)”.

“Regardless of your industry or company size, from a team of 5 to a workforce of 5000, we can demonstrate how GenAI RAG can help your business achieve more”.

“Additionally, if your company is based in Lagos, we invite you to host us for a 1-hour GenAI adoption workshop tailored to your specific environment and use cases, completely free of charge. For companies outside Lagos, we can arrange a virtual session”, she said.

The NeuRaL AI founder added that developers and software companies who are looking to build AI apps for their customers can leverage REACTOR to host their custom model trained on their own data for the monthly fee of 99k. 

“We don’t charge per token as a lot of others do which brings down the cost considerably. It’s a win-win situation”, Anyanebechi said.

In an effort to improve the regulatory and compliance capacity of Nigerian tech startups, the UK-Nigeria Tech Hub, Viaduct Design and Creativity Foundation and Golborne Road Advisory (“GRA”), proudly announce the Regulatory and Compliance School Project. 

Recent surveys indicate that 24% of Nigerian fintechs find navigating the regulatory environment a major challenge, while 18% struggle with compliance, and 70% do not have dedicated compliance officers. The introduction of new regulations, such as the Nigeria Data Protection Bill, 2023, and evolving cybersecurity laws increase compliance requirements for startups. The Regulatory and Compliance School will bridge these skill gaps through a structured, two-phased approach to be delivered to three cohorts of startups. 

The first phase will comprise intensive workshops, offering both theoretical and practical knowledge pertinent to the local context. These workshops aim to equip participants with the knowledge and skills necessary to navigate the regulatory landscape with confidence. 

The second phase will provide continued support to the cohorts via regulatory and compliance clinics with GRA, running on an opt-in basis for three months after the workshops. 

Both phases are free of charge, thanks to the kind support of the UK-Nigeria Tech Hub. 

At the end of this initiative, participants operating in various sub-sectors will have been equipped with the knowledge and skills with which to comply effectively with local and international regulations, thereby contributing to the stability and growth of the ecosystem. Interested participants are required to fill out a questionnaire available on our website, www.gra.africa/complianceschool. For further enquiries, please email info@gra.africa.

Africa’s future lies in the hands of its youth. With productivity disparities evident across regions, there’s a critical need to equip our children with the skills that will drive innovation and solve local challenges. Enter STEM Africa Fest 2024—a transformative event dedicated to empowering over 7,000 children across Lagos and Abuja with crucial STEAM (Science, Technology, Engineering, Art and Mathematics) skills.

STEM education isn’t just about preparing for the future; it’s about shaping it. In today’s rapidly evolving world, proficiency in STEM disciplines is indispensable for career success and groundbreaking innovation. STEM Africa Fest stands as a beacon of opportunity, offering children and youth hands-on experiences in AI, Machine Learning, Robotics, Coding, and more.

Since its inception in 2021, this unique STEM learning festival has impacted over 12,000 children, parents, and educators, igniting curiosity and fostering a passion for STEM across communities. This year the target is to impact over 7,000 attendees across Lagos and Abuja. This year’s theme: “Igniting Change through CleanTech and STEAM,” underscores the festival’s commitment to sustainable innovation and technological advancement.

Here is what some parents had to say about the last event. Oluwkemisola Eesuola, remarked, “I was really impressed by the various hands-on STEM activities my children could engage in at the event. This should really be a long weekend bootcamp rather than a day’s event.”

Kola Abayomi, shared, “STEM Fest is really the best! My son had the privilege of building a game by himself at one of the STEAM Labs which was shared on his mother’s device. It was really a proud moment for me as a parent.”

This year, the festival returns with even greater ambition, set to ignite change through CleanTech and STEAM (Science, Technology, Engineering, Arts, and Mathematics).

Mark your calendars: Abuja hosts STEM Africa Fest on July 13th at Rainbow Marque Garki, followed by Lagos at the prestigious Landmark Center in Oniru on July 20th, 2024. Expect immersive STEM labs, inspiring career talks from industry leaders, and engaging exhibitions.

Expect an array of hands-on sessions on AI and Machine Learning, Coding, Robotics, and Science experiments, 3D printing amongst others. Inspiring career talks will shed light on future tech careers and opportunities. STEM exhibitors will showcase cutting-edge advancements in animation, robotics, and technology. Plus, with over ₦3,000,000 in prizes up for grabs from various STEM competitions, the excitement is palpable.

Take action now! Don’t miss out on this educational adventure that promises to shape young minds and inspire innovation. Register your children for STEM Africa Fest 2024 and join us in shaping a brighter future through STEM education. Register at https://stemafricafest.com/

In a year marking its 15th anniversary, Paga Group, a leading Nigerian fintech company, has been included in the 3rd annual edition of the Financial Times “Africa’s Fastest Growing Companies” special report. This prestigious recognition coincides with Paga’s remarkable journey of empowering Africans through financial inclusion for 15 years.

The Financial Times’ special report acknowledges Paga’s exceptional growth trajectory, achieved even amidst the challenges of the global pandemic and its aftermath. The recognition is a testament to Paga’s unwavering commitment to its mission: making life possible by providing a seamless payments ecosystem that will help “1 billion people access and use money.”

The Financial Times’ rigorous research process, encompassing public participation calls, extensive database analysis, and direct contact with thousands of enterprises across Africa, identified Paga as a “Growth Champion.” This distinction highlights Paga’s significant contribution to building a robust financial ecosystem for the continent.

“This recognition by the Financial Times is a phenomenal achievement as we celebrate 15 years of driving financial inclusion in Africa,” said Tayo Oviosu, CEO of Paga Group. “It’s a tribute to the dedication of our incredible team and the unwavering trust of our customers and partners. This fuels our commitment to further innovation and expansion, ultimately helping millions of Africans access the financial tools they need to thrive.”

Paga has also been recognised by The Economist and PWC for outstanding achievements in finance in Nigeria as part of the launch of the World Ahead 2024

About Paga Group

Paga Group is a leading Nigerian fintech company with a mission of making life possible by providing a seamless payments ecosystem that empowers individuals and businesses across Africa.

IHS Towers, one of the largest independent owners, operators, and developers of shared communications infrastructure in the world by tower count, has made a significant mark in Nigeria since its inception in 2001. It has emerged as a pivotal player in the communications space, driving connectivity and innovation not only across Nigeria but across multiple continents.

Founded in Nigeria in a small office on Younis Bashorun Street in Victoria Island, Lagos by Sam Darwish, IHS Towers’ Chairman and CEO; William Saad, IHS Towers’ Chief Operating Officer, and Mohamad Darwish, IHS Nigeria’s CEO, IHS Towers began its operations with a clear mission: to bridge the telecommunications gap in underserved regions. Over the years, the company has expanded its footprint, first across Africa, then Latin America and the Middle East. With a portfolio of approximately 40,000 towers, (including over 16,000 in Nigeria), IHS Towers has become the third largest independent multinational TowerCo in the world (by tower count). IHS Towers’ footprint has expanded to include operations in Brazil, Cameroon, Colombia, Côte d’Ivoire, Kuwait, Rwanda, South Africa and Zambia.

Strategic acquisitions and organic expansion underpin the company’s growth. Notable acquisitions include the purchase of towers from MTN Nigeria Communications PLC and 9mobile in 2014 and 2015, the acquisition of Helios Towers Nigeria in 2016, and more than 15 other acquisitions of companies and towers across all its operating markets. These have significantly bolstered and broadened its infrastructure capabilities and today, the company offers six core solutions – colocation and lease amendments which actively promotes the sharing of existing infrastructure, building new sites in new locations where coverage doesn’t exist, inbuilding solutions by wiring inside large buildings, small cells for dense areas, fibre connectivity to support broadband, and rural telephony to serve unconnected people in remote areas.  

In 2021, IHS Towers expanded its service offering in Nigeria and commenced deployment of fibre through its subsidiary, Global Independent Connect Limited (GICL). GICL started in 2024 by completing the roll-out of more than 10,000 kilometres of fibre optic cables across Nigeria’s 36 states and the Federal Capital Territory, as it serves to support the Federal Government’s National Broadband Plan of achieving 70% broadband penetration by 2025. Due to the company’s global reach, it can draw on expertise and innovation from its broader fibre services. The most notable example of this is in Brazil where IHS Towers has, in partnership with the mobile network operator TIM Brasil (a subsidiary of Telecom Italia), established I-Systems, a specialist provider of shared optical fiber networks that currently passes approximately 8.8 million homes. These strategic moves have both expanded IHS Towers’ geographical footprint and enhanced its capacity to provide reliable, sustainable and customer-focused solutions.

IHS Towers achieved a major milestone in October 2021 when it listed on the New York Stock Exchange (NYSE), a move that opened doors to new capital and global recognition.  The listing further solidified IHS Towers’ position as a key player in the telecommunications industry. The company is now deftly positioned to play the role of a global corporate ambassador, as it strives to demonstrate globally the potential opportunities that continue to emanate from Nigeria and that Nigerian companies can succeed globally.

IHS Towers’ impact extends beyond the provision of communications infrastructure. The company plays a crucial role in driving economic development and empowering local communities. As an enabler of connectivity, it has helped facilitate the growth of digital economies, enhanced access to information, and supported the expansion of businesses and services in urban as well as remote and underserved areas. The connectivity that IHS facilitates serves as a catalyst for socioeconomic empowerment, enabling businesses to thrive and communities to access vital services.

In Nigeria, IHS Towers runs a comprehensive sustainability programme working with national and international organisations. Alongside UNICEF, they are helping develop child friendly communities in Nigeria, where access to clean water is easy, births are registered, and mothers are trained on health issues. 

IHS Towers have also partnered with a Houston, US, based non-profit organization, Limitless Space Institute, dedicated to space education. The initiative involves taking ten teachers from Nigeria and immersing them in a 12-month Limitless Global Educator Program that will enable them to delve deep into the implications and benefits of space exploration. As part of the programme, they will tour leading space industry organizations, engage with subject matter experts, and collaborate to devise new and innovative lesson plans. The notion being that these teachers will then inspire their own students to dream big. After all, if three engineers were able to start a global company out of Nigeria, the next generation can also create wonders with education and determination. 

More recently, IHS Nigeria has deepened its commitment to the development of technical skills among Nigerian youth through the 3 Million Technical Talent (3MTT) initiative. Launched in partnership with the Federal Ministry of Communications, Innovation & Digital Economy, the 3MTT programme aims to train 3 million young Nigerians with technical and digital skills over 3 years; an unprecedented challenge taken by the current administration. 

Across the IHS Towers group, there is a clear commitment to environmental stewardship and reducing the company’s environmental footprint by using green energy solutions. In October 2022, the company announced its Carbon Reduction Roadmap and a goal to reduce the Scope 1 and Scope 2 kilowatt-hour emissions intensity of its tower portfolio by 50% by 2030. The strategy is to focus on connecting more sites to the electricity grid, deploying and integrating more battery storage and solar panel solutions through Project Green, the roadmap’s current phase. In their 2023 Sustainability Report, the company reported an 11% approximate reduction in Scope 1 and Scope 2 kilowatt-hour emissions intensity since 2021 and appears on track to achieving its 2030 goal. 

The story of IHS Towers is one of growth, impact, and commitment to sustainable development. From its humble beginnings in Nigeria to its status as a global communications infrastructure giant, IHS Towers continues to demonstrate its dedication to empowering communities and driving economic progress through the power of mobile connectivity. Nigeria remains the backbone of IHS Towers, representing the largest market in its portfolio. What has been achieved is proof of what Nigeria can do. It is a story that should make every Nigerian proud, and every Nigerian a dreamer, a dreamer that he or she can overcome any odds and achieve the impossible.

Caption: General Christopher Musa, Chief of Defence Staff, flanked by (from left) Mr. Niyi Toluwalope, MD/CEO of eTranzact PLC, and Air Vice Marshal Paul Irumheson, Chairman of the Military Pensions Board.

LAGOS, NIGERIA – eTranzact, a leading provider of innovative financial technology solutions, has announced its role as the technology solution provider for the Military Pensions Board’s new digital verification system for military pensioners, officially launched on July 1, 2024. This initiative marks a significant milestone in leveraging technology to streamline pension verification processes and enhance the welfare of military retirees across Nigeria. 

With Federal Government approval, the Military Pensions Board is transitioning from traditional physical verification methods to an advanced electronic system developed and deployed by eTranzact. This transition aims to minimize travel risks, reduce transportation costs, and accommodate the advanced age of many pensioners. Air Vice Marshal Paul Irumheson, Chairman of the Military Pensions Board, emphasized the necessity of this transition, stating that the move to electronic verification is crucial for the safety and convenience of military pensioners. This innovative solution will ensure that retirees can verify their status from anywhere in the world, significantly reducing the burden of travel and associated risks. 

The successful pilot exercise conducted between February 15 and March 1, 2024, demonstrated the efficiency and reliability of the new system. In addition to developing the verification system, eTranzact has managed salary payments for other government agencies. The implementation of this electronic verification system is a critical step towards ensuring foolproof and seamless payment processes within the Military Pensions Board. 

The Honourable Minister of State for Defence, Dr. Bello Matawalle, and the Chief of Defence Staff, General Christopher Musa, have endorsed the electronic verification exercise, recognizing its potential to revolutionise the military pensions system. The key benefits of the digital verification system include enhanced security by reducing the risk of identity fraud and impersonation, convenience by allowing pensioners to complete verification from their homes, cost efficiency by eliminating the need for travel, and accessibility by accommodating pensioners residing both within and outside Nigeria. 

Niyi Toluwalope, CEO of eTranzact, expressed his enthusiasm for the partnership, saying, “We are honoured to collaborate with the Military Pensions Board on this transformative project. At eTranzact, we are committed to harnessing the power of technology to solve critical challenges and improve the quality of life of Nigerians. This digital verification system affirms our dedication to innovation and excellence.”

eTranzact is a leading financial technology company providing innovative payment solutions and technology services. With a commitment to excellence and customer satisfaction, eTranzact continually strives to develop cutting-edge solutions that address real-world challenges and drive economic growth. 

The African FinTech landscape is evolving rapidly, with companies targeting various market niches. GoFree Global Inc. has made significant strides by releasing a major update to their GoFree App, which aims to redefine the financial technology space.

GoFree Version 2.0 now allows users to send money while chatting with friends and family, seamlessly integrating social interaction with financial transactions. This innovative approach simplifies gifting and supporting loved ones. Another standout feature is the ability to send money quickly using an email or phone number, distinguishing the app from other FinTech products in Nigeria. Users can also benefit from speedy transfers between local banks.

For Nigeria’s burgeoning tech space, where many services require dollar subscriptions, the GoFree virtual dollar card offers a competitive alternative for both individuals and businesses. The app’s new FX conversion feature ensures smooth currency exchanges, while the bill payments feature streamlines the process of paying local bills. Additionally, users can purchase gift cards easily, and the GoChest feature encourages saving by providing a secure platform to set aside money for future needs.

The Founder Lekan Adejumo, expressed excitement about the new version, highlighting its role in delivering cutting-edge financial solutions and exceeding user expectations. He emphasized that the update brings a holistic financial ecosystem into one app, making money management simpler and more enjoyable.

GoFree continues to push the boundaries of FinTech innovation, striving to deliver a comprehensive and seamless financial experience for a diverse range of users, from individuals managing personal finances to businesses seeking efficient payment solutions.

For more information, visit http://www.joingofree.com or follow them on social media @joingofree.

About GoFree:

GoFree Global Inc. is a pioneering FinTech company dedicated to transforming financial management through innovative technology and user-centric design. The company focuses on convenience, security, and accessibility, aiming to make financial management effortless and enjoyable.

The betting industry in Nigeria has undergone significant transformation in recent years, mirroring global trends while adapting to local realities. As Africa’s largest economy and most populous nation, Nigeria has become a focal point for the growing betting market, driven by a young, tech-savvy population and increasing internet penetration.

The embrace of betting among Nigerians has been swift and enthusiastic. For many, it represents entertainment and a potential avenue for financial gain in a challenging economic environment. This rapid adoption has led to a proliferation of betting companies, both local and international, each vying for a share of this lucrative market.

However, with this growth comes a host of challenges and opportunities. Regulatory bodies such as the National Lottery Regulatory Commission (NLRC) have been working to establish a framework that promotes responsible gambling while fostering industry growth. These regulations aim to protect consumers, ensure fair play, and contribute to the nation’s economy through taxation and job creation.

Amidst all these, technology has emerged as the key differentiator. The global betting industry has shifted towards mobile-first platforms, AI-driven personalization, and innovative betting options. Nigeria is no exception to this trend, with operators racing to offer the most cutting-edge solutions to an increasingly discerning customer base.

As a prominent player in this space, BetKing has been at the forefront of leveraging technology to enhance the betting experience for customers. The company’s approach goes beyond merely offering a platform for wagers; it aims to create an immersive, personalized experience that resonates with the everyday Nigerian bettor.

The most significant technological advancements the betting industry has adopted are artificial intelligence and machine learning. These technologies enable operators to analyze vast amounts of data, providing insights into user behavior and preferences. BetKing has harnessed this capability to offer tailored recommendations and promotions, enhancing user engagement and satisfaction.

The introduction of innovative features like BetBuilder exemplifies BetKing’s move towards greater customization. This tool, which allows users to create personalized bets by combining multiple selections from a single match, represents a shift towards giving bettors more control over their wagering strategies.

As the industry evolves, responsible gambling remains a critical concern, and again, technology plays a dual role here – while it can enhance the betting experience, it also provides tools for promoting responsible behavior. Recognizing the importance of this factor, BetKing is implementing features that help users manage their wagers effectively, set limits, and access resources for problem gambling.

In Nigeria, the adoption of advanced technologies will be guided by local realities. Issues such as varying levels of technological literacy and infrastructure challenges need to be addressed. This is where BetKing’s approach of combining digital innovation with a robust network of physical agents proves valuable, ensuring that all segments of the market can access and benefit from technological advancements.

On the regulatory side of the conversation, relevant agencies will continue to play a crucial role in shaping the industry’s future. As the sector grows, there’s an increasing focus on ensuring that operators contribute positively to the economy and society. This includes not just tax compliance, but also investments in local communities such as the BetKing Cares community initiative and support for gras-root sports development.

Looking ahead, the possibilities for the betting industry in Nigeria are vast. As more Nigerians come online and smartphone penetration increases, the potential customer base will continue to grow. However, success in this market will require more than just technological prowess. Operators must demonstrate a deep understanding of local preferences, a commitment to responsible gambling, and the ability to navigate a complex regulatory landscape.

BetKing’s strategy of continuous innovation, coupled with a strong focus on user education and responsible gambling, positions it well to navigate these challenges. By staying attuned to both global trends and local nuances, the company aims to play a leading role in shaping the future of betting in Nigeria.

Without a doubt, technology will remain at the heart of innovation. As a leading player in the industry, BetKing continues to push the boundaries of what’s possible, the focus must remain on creating value – not just for shareholders, but for users, communities, and the broader economy.

-By Victor Adewole

I began building a marketing team two years into my career. Creating an effective marketing team is about having the right people in the right roles, working well together. The vision was clear: to create a team that could drive brands forward with innovative strategies and relentless dedication.

I’ve always likened a marketing team to the acceleration pedal of a brand. Every business relies on its marketing team to not just maintain momentum but to push boundaries, navigate growth challenges, and stay ahead of the competition. Marketing isn’t just about selling a product or service; it’s about crafting compelling stories, fostering loyalty, and adapting to an ever-evolving market landscape. This was the gap VadePulse Tech aimed to fill in the business space.

The highest-performing marketers are perpetual learners. So, I started by making professional growth the core of my hiring and management philosophy. My own journey began with a commitment to professional growth. I sought out every opportunity to learn, from industry courses to late-night reading. This thirst for knowledge became a key part of my team’s ethos.

When I started assembling my team, I looked for individuals who shared this hunger for learning. I prioritized providing resources for skill development, keeping the team updated on the latest marketing trends, and encouraging participation in workshops, webinars, and industry courses. This approach not only kept us ahead of trends but also encouraged innovation. One instance was at our earliest stage when one of our PPC specialists, after attending a workshop, introduced a new bidding strategy that increased our client’s ROI by 35% in just three months. And sincerely, that inspired me to invest even more on up-skilling my team members.

The Rollercoaster of Leadership

Leading a team is rarely a smooth ride, it’s a rollercoaster filled with highs and lows. Here, I share some of the key approaches that have helped me build one of the most formidable and high-performing marketing agencies in southwestern Nigeria- VadePulse Tech, highlighting the critical role our well-crafted marketing team has played in driving client success.

Fostering Creativity and Innovation:

One of the most rewarding aspects of building this team has been promoting creativity and innovation. I encouraged my team to think outside the box and take calculated risks. Failure is not stigmatized but viewed as an opportunity to learn and grow.

Empowering Team Members:

I also empowered individual team members to take ownership of specific projects. In fact, it has been one of our onboarding tasks for new team members. Assigning a major project to a relatively new team member and giving them the autonomy to lead gives them that sense of responsibility that not only made them exceed expectations but also deliver successful campaigns. A case in point is a content marketer who recently joined the team. She was tasked with developing a comprehensive content marketing strategy for a fintech client. Her campaign drove a 50% increase in organic traffic within two months. Truthfully, it’s not always the case, but having built a culture that does not stigmatize failure, we’ve always projected it as an opportunity to improve.

Clearly Defining Roles and Responsibilities:

It is crucial that every team member understands their contribution to our collective success. This has created a sense of ownership and accountability within the team.

Recognizing and Rewarding Outstanding Performance:

Recognition is a powerful motivator, and fortunately, I learned that early on. I developed a recognition program to celebrate our successes. I made it a point to highlight exceptional contributions, whether through formal awards or informal shout-outs. This culture of recognition not only boosted morale but also reinforced the behaviors and outcomes that drove continuous improvement.

Building on Client Feedback:

Client feedback has been invaluable in shaping our strategies and improving our performance. Being an agency that works with diverse industries and companies, it was paramount that every team member engaged closely with clients. This not only energized the team but also provided individual members with insights crucial for crafting effective and unique campaigns specific to every brand we work with. I ensured that we had regular feedback loops, both with clients and within the team. This approach allowed us to be agile and responsive, consistently improving our deliverables. I also sought feedback from team members at the end of each project to understand what they had learned and how we could improve.

Leveraging Project Management Tools:

To keep track of our progress and ensure accountability, we leveraged project management tools. I created dashboards where team members could see the results of their work. This transparency allows everyone to see the impact of their efforts and helps managers better track resource capacities. It also makes measuring success easier and more accurate.

Through this journey, VadePulse Tech has achieved remarkable results. From increasing clients’ organic traffic to boosting engagement rates and increasing conversions, each achievement has been a collective effort and a proof of the effectiveness of these approaches.

Finally, building and leading a high-performing marketing team is a challenging and rewarding journey. Leading this team is a multifaceted endeavor that requires a balance of strategic thinking, empathy, and effective management.

By fostering creativity, engaging with clients, and leveraging effective tools, we have consistently driven success for our clients and positioned VadePulse Tech as a leader in the industry. This journey has been one of growth, learning, and shared success, and I look forward to the continued evolution of my team.

Shortlet app is excited to announce its official launch into the Nigerian market, setting the stage for a new era in short-term rentals across the continent. As the “Airbnb for Africa,” the Shortlet app offers a seamless, user-friendly platform for travelers seeking exceptional accommodations, coupled with an engaging and human touch.

Experience the Future of Travel
With a focus on excellence and a passion for travel, the Shortlet app is poised to become the go-to platform for anyone seeking top-tier short-term rental options in Nigeria. From chic city apartments to serene beach houses and cozy retreats, Shortletapp offers diverse properties to make every stay feel like home.

Comments from the Founders
“We’re thrilled to bring Shortlet app to Nigeria. Our goal is to connect travelers with the finest and most unique properties Africa has to offer. We believe every trip should be a memorable adventure, and Shortletapp is here to make that happen,” said Benjamin Oyemonlan, co-founder and director of Shortletapp.

Kenechukwu Kelvin Mezue, co-founder and CEO, added, “Our mission is to unlock the hidden gems of Africa and provide a user-friendly, efficient platform for both hosts and guests. We are committed to setting a new standard for short-term rentals in Nigeria and beyond. This launch is just the beginning of an exciting journey.”

About Shortlet App
We understand the importance of finding the perfect place to stay, whether for a weekend getaway, a business trip, or an extended vacation. We’ve curated a variety of properties to suit every traveler’s needs and preferences.

Contact: Shortlet app
Email: support@shortlet.app
Social: @shortletapp
Website: Shortlet.app
Support Phone: +442033373140

Discover the magic of travel with Shortletapp, where every stay is an adventure waiting to happen.

Accelerex, one of Africa’s leading fintech companies, has announced the launch of its groundbreaking “Pay with Fingerprint” solution. This solution, the first to be deployed on Point of Sale (PoS) terminals in Nigeria, allows bank account holders to make secure and convenient payments at merchant locations using their fingerprints on biometric-enabled PoS devices.

Pay with Fingerprint leverages advanced biometric technology to offer a seamless payment experience while enhancing security for consumers and merchants. The solution addresses common challenges such as card fraud and the inconvenience of carrying physical cards, paving the way for a more efficient and secure payment ecosystem. Its enhanced security ensures that only the account holder can authorize transactions, significantly reducing the risk of fraud. 

Convenience is at the heart of this payment feature. Customers can make payments quickly and effortlessly by simply placing their finger on the biometric PoS device. This streamlined process not only accelerates transactions but also eliminates the need for customers to carry their bank cards, making everyday purchases smoother and more efficient. Indeed, Pay with Fingerprint is set to transform the payment landscape in Nigeria. 

The Managing Director of Accelerex Nigeria, Chuks Anakudo, conveyed his enthusiasm regarding the potential of Pay with Fingerprint to foster a more secure commercial environment for both business owners and consumers, as well as to facilitate swift and efficient transactional operations. “The launch of Pay with Fingerprint is a testament to our unwavering commitment to revolutionize Nigeria’s payment infrastructure with secure, user-centric solutions that provide consumers with choices,” stated Mr. Anakudo.

With the introduction of Pay with Fingerprint, Accelerex is not only pioneering the development and customization of this technology but has also achieved an unprecedented certification for biometric PoS devices by the Nigeria Inter-Bank Settlement System (NIBSS). This dedication to cutting-edge solutions cements Accelerex’s position as a vanguard in the Nigerian fintech sector.

With a robust portfolio of payment products and a strong emphasis on customer satisfaction, Accelerex has been at the forefront of digital payment revolution in Africa, providing different categories of businesses with the tools and resources they require to succeed. Accelerex has grown into a formidable player in the fintech industry and has established itself as the preferred physical payments partner to all merchant acquiring banks in Nigeria. The fintech company has over 150,000 merchants and agent endpoints across Africa and has consistently ranked as a top provider of payment channel services (by value of transactions processed) in Nigeria since 2018. It currently operates in Nigeria, Ghana and East Africa, with plans to expand to other parts of the continent in the future.

MarkHack 3.0, a highly anticipated event on the marketing and technology calendar, is set to make waves at the prestigious Oriental Hotel in Lagos, Nigeria on July 5th, 2024.

Hosted by GDM Group and Eko Innovation Centre, this year’s theme, “BEYOND LIMITS – Unleashing Creativity with Emerging Tech“, promises to challenge the boundaries of possibility and unleash a new era of disruptive thinking in marketing and technology.

In the run-up to the event, innovative startups from across the continent have been put through their paces, competing for a chance to showcase their solutions. Over two months, several startups have submitted their entries, with a select group of ten chosen to receive mentorship from industry experts on finance, business modelling, and scalability.

The morning session of the event will feature an exciting range of industry experts, comprising  marketing professionals, innovators, entrepreneurs, policymakers, marketing professionals, disruptors, and corporate entities, 

Notably, this gathering will be divided into various segments, including a captivating keynote, in-depth plenary, and breakout sessions, all aimed at unlocking innovative solutions to modern businesses’ most pressing marketing challenges.

MarkHack 3.0 promises to be a gathering of leading minds in deep tech, artificial intelligence, blockchain, and e-commerce, all committed to addressing real-time marketing and media challenges. The event is also expected to feature activities that facilitate innovation and collaboration, including hands-on workshops, deep-dive masterclasses, and personalized mentorship sessions.

A group of industry experts and heads of organizations expected to speak and offer insights at the event include Tubosun Alake, Honourable Commissioner, Ministry of Innovation, Science, and Technology, Lagos State;  Olalekan Fadolapo, Director-General of the Advertising Regulatory Council of Nigeria (ARCON); Tosin Faniro-Dada, Partner, Breega; Olugbolahan Olusanya, Nigeria Country Director, TeKnowledge; Sam Immanuel, Chief Executive Officer, Semicolon Africa;  Yinka Obebe, Chief Executive Officer, Pop Central; and Segun Ogunleye, General Manager Marketing, Seven-Up Bottling Company.

Others include Oluseyi Akindeinde, Founder, Hyperspace Technologies LTD; Ehia Erhaboh, Co-convener, AI in Nigeria; Tayo Kalejaiye, Chief Gaming Officer, VaultHill; Kemi Longe, Head of Marketing, PZ Cussons; Jimi Taiwo, General Manager, Nigeria at PepsiCo; Oyebowale Akideinde, Head, Digital Products & Innovation, Airtel Nigeria; Ibirogba Lara, Marketing Manager, Insurance and Asset Management, Stanbic IBTC; Stanislaus Martins, Managing Director, West Africa, Aleph Group; Deborah Ojengbede, Chief Executive Officer, AFEN Group;  Dr. Ifeoluwapo Odedere, Senior Brand Manager,  Non-Alcoholics Category, Guinness Nigeria Plc and  Ifeoluwa E. Obafemi, Sub-Saharan Africa Head- Digital Media & Insights (& Digital Transformation), FrieslandCampina.

In the culmination of an exciting day of collaboration and innovation, MarkHack 3.0 will host the much-anticipated live pitch session, featuring 10 startup finalists who have made it through a rigorous selection process.

The Startup finalists pitching their innovations at the event include Incluxive Scan Team, Suba Capital Team, Wakaquest Team, Isanja Company Team, Konnadex Technologies Team, Convers AI Team, Chao Team, Sema Team, Market AI Team, and  Star Tech Team.  These startups will present their innovations during the live pitch session in the evening, following a morning of engaging conversations and panel discussions.

MarkHack 3.0’s final live pitch session will be evaluated by highly esteemed judges, each bringing a unique perspective to the table in searching for the most groundbreaking ideas and visionary entrepreneurs.

The judges include Oke Umurhohwo, Marketing Manager (West Africa) itel Mobile; Joshua Chibueze, Cofounder & CMO, Piggytech;

Tolulope Medebem, President, Experiential Marketers Association of Nigeria; Seun Adaramola, Marketing Director, Visa West Africa; Kayode Oladapo, CEO of West Africa at Godrej Consumer Products Limited; 

Atim Ukoh, Creative Director, Afrolems Culinary Services Limited; Ilyas Kazeem, Marketing Director, Food Division, Flour Mills Nigeria.

With the clock ticking down to the biggest gathering of marketing and tech pioneers in Africa, participants are urged to secure free spots at MarkHack 3.0 by registering early at markHack.tech. The event promises to be a game-changer, as participants explore the future of marketing and media, network with industry leaders, and witness the unveiling of innovative solutions that will shape the industry.

Lagos, Nigeria, 29/5/2024

Termii, a leading communication platform in Africa, proudly announces a series of remarkable achievements that highlight its position as a frontrunner in the industry. Termii has achieved unprecedented success under the leadership of its CEO, Emmanuel Gbolade, processing over 1 billion customer transactions (SMS, Voice and WhatsApp).

Additionally, Termii has facilitated wallet transactions totalling an impressive 11 billion. This significant volume highlights the platform’s pivotal role in enabling seamless transactions for its users. With a strong commitment to empowering businesses and individuals across Africa, Termii engages with 16,000 businesses and reaches 10 million Africans every month. These figures reflect the extensive impact that Termii has had on transforming communication and business processes across the continent.

Emmanuel Gbolade, CEO of Termii, expressed his belief that these milestones serve as proof of the company’s commitment to innovation and excellence. In his words, “we (Termii) are (is) committed to providing reliable and efficient communication solutions that drive growth and connectivity across Africa”.

Termii’s customer-centric approach, which utilizes innovative technology to cater to its users’ evolving needs, also contributes to its ongoing success. As the company continues to grow, it remains focused on expanding its services and impact, ensuring that more businesses and individuals can benefit from its solutions.

In addition to these significant milestones, Termii is excited to announce Elevate 3.0, scheduled for July 5, 2024, at The Zone Tech Park in Lagos. This premier conference will bring together industry leaders, tech innovators, and professionals for insightful keynotes, panel discussions, networking opportunities, and exhibitions. Elevate 3.0 will be the ultimate platform for sharing the latest advancements and trends in communication technology. Attendance is free for all! You can learn more at https://conferences.termii.com.

About Termii

Termii is a leading communication platform in Africa, offering a range of services including messaging, voice transactions, and wallet operations. Founded with the mission to enhance connectivity and communication across the continent, Termii continues to innovate and expand its offerings, ensuring that users receive reliable and efficient services.

Smartcomply is proud to announce the launch of Vsecure, a groundbreaking new feature designed to help cybersecurity consultants and virtual Chief Information Security Officers (vCISOs) manage their clients security and compliance seamlessly and efficiently in one centralised platform.

As the cybersecurity industry evolves, the complexity of managing numerous clients and their security needs can become overwhelming. To address this, Smartcomply has introduced Vsecure, a comprehensive client management tool integrated directly into the Smartcomply platform.

Vsecure is designed to simplify client management, enhance communication, and boost overall productivity for cybersecurity professionals.

Key Features of Vsecure:

Centralised Client Database: Vsecure enables cybersecurity consultants and vCISOs to store and access all client information in one place, ensuring that crucial data is always easily accessible.

Risk Assessment and Management: Vsecure provides tools for conducting thorough risk assessments and managing mitigation plans, helping professionals stay ahead of potential security threats.

Compliance Tracking: The platform includes features for tracking compliance with various industry standards and regulations, ensuring that all client systems remain compliant.

Enhanced Communication Tools: Vsecure includes advanced communication features that facilitate smooth and efficient interactions between cybersecurity consultants, vCISOs, and their clients.

Customizable Dashboard: The intuitive dashboard can be tailored to fit the unique needs of each consultant or vCISO, offering a user-friendly experience that adapts to various business models.

Why Choose Vsecure?

Efficiency: Vsecure consolidates all client management tasks into one platform, saving cybersecurity consultants and vCISOs time and resources.

Productivity: By streamlining processes and enhancing organisation, Vsecure helps professionals operate more effectively and focus on growth.

User-Friendly: Vsecure is designed to be easy to use, even for those who may not be tech-savvy.

“We are thrilled to introduce Vsecure as a new feature on Smartcomply, said Amara Ajalla, VP, of Engineering at Smartcomply. Our goal is to empower cybersecurity consultants and vCISOs with the tools they need to manage their clients more effectively, and we believe Vsecure will make a significant impact in achieving that.”

For more information about Vsecure and how it can benefit your business, please visit www.smartcomply.com or contact 08133262024, 08183714383

About Smartcomply

Smartcomply is an automated and AI-powered cybersecurity and compliance platform leading in Nigeria, with presence in the USA, and East Africa offering comprehensive cybersecurity and compliance solutions for businesses.

To get started with the Vsecure feature on Smartcomply, visit https://app.smartcomplyapp.com/auth/add-merchant

Read more updates from us: https://www.smartcomply.com/blog

Book an instant demo: https://www.smartcomply.com/book-a-demo

Contact our customer success team: 08133262024, 08183714383

gamp, a leading technology provider of device insurance, is proud to announce a strategic partnership with AXA Mansard, a major player in the insurance industry, to launch easy and flexible gadget insurance for customers.

This market-transforming partnership, set to go live first in SLOT stores across the nation, will simplify access to device insurance for customers.

Following this rollout, the initiative will extend to other retail technology outlets across the market.

With simplified device verification, customer onboarding, claims processes, quick resolutions, and exceptional customer service, customers can enjoy peace of mind knowing their gadgets are in good hands.

Now, for as low as N2500, customers can walk into SLOT stores nationwide or online to insure their Screens and motherboards.

Quotes

”At gamp, we are dedicated to providing customers with the best possible protection for their devices. Partnering with AXA Mansard and SLOT allows us to enhance our offerings and deliver an even higher level of service and flexibility,” said Bolu, CEO of gamp.

“I am really excited to see this partnership. The point is, industrial revolution is about partnership. We can’t work alone. We must work with others, and we must strive together to grow in a symbiotic way. We believe this is the beginning of many and this is how we are going to ensure that Nigerians will continue to be connected and bounce back from unexpected and unfortunate situations,” said Rashidat Adebisi, Chief Client Officer of AXA Mansard.

About gamp

gamp is a VC-backed tech company that provides better device protection and support, acting as your one-stop shop for all your device needs. Their white-labeled no-code platform helps partners quickly launch and manage device insurance and support. They service thousands of people and companies throughout Nigeria through hundreds of distribution partners and experience centers.

For more information about gamp AXA partnership and to make a service request, please visit https://www.getgamp.com/axa

To Contact Us:

GAMP TECHNOLOGY LTD

92, Obafemi Awolowo way, Ikeja, Lagos. support@getgamp.com

09135595572.

Pawnshop By Bluradish, a leader in the luxury investment market, is thrilled to announce the launch of its groundbreaking new website. This digital platform is set to transform how clients and customers buy and sell luxury items, offering unprecedented convenience and sophistication.

A Seamless Shopping Experience

The new Pawnshop By Bluradish website provides luxury enthusiasts a smooth and intuitive shopping experience. Customers can now browse an extensive selection of high-end products, from rare timepieces to exquisite jewelry, and make purchases directly online. Bluradish’s team of experts carefully curates each item, ensuring the highest quality and authenticity.

In addition, the website features a streamlined selling process. Clients looking to monetize their luxury possessions can easily upload their items, allowing Bluradish to handle the rest. This innovative feature simplifies transactions, making selling valuable items quickly and efficiently easier than ever.

Empowering Through Education

Beyond buying and selling, the website serves as an educational hub for luxury investors. It offers a wealth of articles and resources on luxury watches, investment strategies, and market trends, all crafted by industry professionals. This educational component ensures that clients have the knowledge they need to make informed decisions about their investments.

Real-Time Portfolio Management

One of the new website’s most exciting features is its real-time portfolio management tool. Customers can now interact with and monitor their luxury investment portfolios in real-time, gaining instant insights and updates just by going to https://www.pawnshopbyblu.com/ on their mobile phones or computers. This dynamic tool offers unparalleled transparency and control, allowing clients to track the value of their assets and make timely decisions.

Looking Ahead

The launch of the Pawnshop By Bluradish website marks a significant milestone in the luxury investment market. As Bluradish continues to innovate and expand, clients can look forward to even more groundbreaking developments. The upcoming digital application promises to build on the website’s success, further enhancing Pawnshop By Bluradish’s capabilities and reach.

Stay tuned for the official launch and prepare to elevate your luxury investment experience. The future of luxury is here, and Bluradish is at the forefront.

Olumayowa Ijisesan, also known as Pastor May, has carved a remarkable path through the areas of engineering, business intelligence, and ministry. Her journey is a testament to the power of dedication, innovative thinking, and a deep-seated commitment to empowering others.

Starting her career in Silicon Valley as an Advanced Software Engineer at Altera, Mayowa contributed significantly to software and hardware development, testing, and process automation, enhancing the company’s efficiency and productivity. Her achievements set the stage for her future roles in leadership and business intelligence.

Can you tell us a bit about your background and how you got started in the tech industry?

I started with a solid foundation in engineering, earning a Bachelor of Science degree in Computer engineering from University of Oklahoma and a Master of Engineering degree in Electrical Engineering( Software Engineering emphasis) from Cornell University.

Your early career in Silicon Valley, particularly at Altera, seems pivotal. How did those experiences shape your approach to technology and innovation?

My work at Altera required a lot of precision, the slightest error could cost my company tens of thousands of dollars. This conditioned me for attention to detail for the rest of my career. There was also an aspect of the job that was repetitive. It was critical, required attention to detail, but was also repetitive. So, I automated it. I wrote a program that did the job for me. My boss was surprised because he had never thought of getting the job done that way. That began my journey in innovation, the fact that you can always think of new ways to get things done faster and more efficiently.

After Silicon Valley, you founded Dyvintel, a Business Intelligence consulting firm. What motivated you to make this transition, and what were some key challenges you faced during this shift?

I actually didn’t plan to start my first tech company, Dyvintel. I had just submitted a resignation letter to my boss then. She was devastated and felt they could not find a replacement for me. Three days later after speaking with the Head of IT at the headquarters of the company, she called me into her office and asked if I had ever thought of starting a company. She said if I did, they’d be my first clients. I did, they did, and the rest as they say is history.

One key challenge I faced was business development and marketing. Since I was coming from a heavy tech background, this was an area where I needed personal development. I later discovered that my work in ministry prepared me more for these areas where I was lacking.

In your opinion, what are the most significant challenges facing the Nigerian tech ecosystem today?

Infrastructure is a huge problem. Stable electricity and access to reliable internet that is also affordable is a challenge. Artificial Intelligence is a game changer but there’s a huge knowledge gap in that area. Although the interest and adoption is growing, there’s still a wide gap that needs to be closed. Another big challenge is the availability of high-quality data. For AI solutions to be possible at all, we need a lot of of data that’s also relatively clean or can be cleaned. That’s a challenge. Getting funding as a startup often requires strong relationships within the venture capitalist ecosystem, which many don’t have. Those are just a few of the challenges.

What are some of the biggest opportunities you see for tech startups in Nigeria right now?

Some of the biggest opportunities I see for tech startups right now lie in the Artificial Intelligence space. AI is a game changer. Because of our size, there is huge potential here. Nigeria is the most populous African country with its largest economy. There’s also a thriving startup scene with Lagos as a major hub. There’s growing digital engagement within the huge young populace. Although getting funding is tough without strong relationships within the venture capitalist ecosystem, some companies such as Flutterwave, Andela and Zipline have managed to do it successfully. Artificial Intelligence adoption is growing, although there is still a long way to go. There are practical opportunities leveraging AI in fintech, agriculture, healthcare, education, and e-commerce.

Balancing roles in both the tech industry and ministry is no small feat. How do you manage your time and energy across these different responsibilities?

Firstly, I’m a very hardworking person. I was brought up to take advantage of every minute of the day. Even though I schedule time to rest, my mind is almost always actively engaged in solving problems either in tech or ministry.

I love what I do in both area, that helps. I am passionate about tech and equally passionate about ministry. I find out that if you are passionate about what you do, you’ll find a way to get it done. Thirdly, I don’t feel a need to be perfect in either area. Progress over perfection, they say. So, if something is not working out today, I feel okay to leave it and try another day.

I also feel the phase of life I am in now makes it easier. I have successfully raised two wonderful children who don’t cause me pain or anxiety. That helps me focus on tech and ministry at this point in life. Having a good marriage and supportive husband who cheers me on also helps a great deal.

Can you share some of the initiatives or projects you are currently working on?

I am working on a few things currently. I am putting finishing touches on my book – Silicon Valley Girl. I am part of an AI and Data Analytics startup as an advisory board member. I am also working on a company that will provide Data Analytics services specifically for Churches and Nonprofits. In addition to that I am planning a couple of workshops for the Fall. One is a

Business and Finance Summit for Pastors’ Wives and the other is a Career Empowerment seminar that I will have around the launch of my book.

You have an upcoming book titled “Silicon Valley Girl.” Can you give us a preview of what readers can expect and what motivated you to write this book?

It is a really exciting book that details my journey from a student at Obafemi Awolowo University, to University of Oklahoma, to Cornell University to Silicon Valley to entrepreneurship in Chicago. It explores themes such as being a black woman in tech, juggling many roles and morphing from one version of myself to another, it even has a love story embedded in there somewhere.

I wanted to write this story because I truly feel I have been blessed in my career. I have made many difficult decisions to accommodate God’s Will in my life as I have navigated my career journey, but I’ve also seen more than my fair share of career miracles. I wanted the world to know my story.

Your diverse career offers a wealth of insights for aspiring tech entrepreneurs and professionals. What advice would you give to those looking to make a meaningful impact in both tech and nonprofit sectors?

Love yourself and love people, and have an insatiable appetite for creating solutions. That’s what drives me. I want to always come up with innovative and sustainable solutions to the human condition either through technology or through ministry. I would also say don’t be afraid to buck the trend and don’t settle for the status quo.

Meta Description

Switching to the new iPhone 15? Follow the steps discussed in this guide to learn how to transfer WhatsApp Business from Android to iPhone 15 without PC easily.

WhatsApp Business app is very handy for small businesses to interact with customers and suppliers. Once a business starts to grow, business owners tend to purchase the latest smartphones to improve the usability experience. However, it comes with one fear of how to transfer WhatsApp business from Android to iPhone or vice versa. 

Since Android and iPhone devices are running on two different operating systems, there isn’t a native support to transfer WhatsApp to new iPhone from Android. Nevertheless, don’t lose hope. 

This guide has the solution you are looking for. Here, we will first discuss the possibility of transferring WhatsApp Business from Android to iPhone 15 and then present the best solution to make the transfer without PC. 

Part 1. Can I Transfer WhatsApp Business from Android to iPhone 15 without PC?

WhatsApp does not provide a built-in way to transfer WhatsApp from Android to iPhone or iPhone to Android. If you make a WhatsApp backup using Google Drive or iCloud, it won’t support transferring WhatsApp across different operating systems. This is because Google and Apple have unique encryption models that do not support cross-platform decryption and transfer. 

Although WhatsApp fails to offer a smooth native transfer solution, you can still transfer WhatsApp Business using a dedicated third-party app. There are now many apps that can intelligently extract WhatsApp data from Android and transfer it to the iPhone WhatsApp Business app. Part 3 of this guide talks about one such powerful app you can use, i.e., the iCareFone Transfer App.

Part 2. How To Back Up WhatsApp Business data on Android before Transferring?

Before you begin the WhatsApp transfer process, creating a WhatsApp backup on your Android phone is important so you won’t lose the important chats. Here’s how to back up WhatsApp Business on Android:

Step 1. Launch the WhatsApp Business app and go to Settings > Chats > Chat backup. 

Step 2. Click the Google Drive settings option and link your Google account with WhatsApp.

Step 3. Click the green “Back up” button to create the WhatsApp backup on Google Drive.

Wait for the backup to complete. Afterward, head to the next part to learn how to transfer WhatsApp Business from Android to iPhone without computer. 

Part 3. How To Transfer WhatsApp Business from Android to iPhone without Computer?

As mentioned above, you need a dedicated app to transfer WhatsApp Business from Android to iPhone. One such reliable app used by millions of WhatsApp users is the iCareFone Transfer App.

iCareFone Transfer App is a modernized, feature-rich, and powerful app to transfer WhatsApp and WhatsApp Business between Android and iPhone without computer. It provides an intuitive interface to initiate and complete the transfer with just a few clicks. It can extract all the chats and media content from the Android WhatsApp app and transfer them to the iPhone WhatsApp app without any data loss or file corruption. 

Why to transfer WhatsApp with iCareFone Transfer App?

1. Click-based transfer of WhatsApp or WhatsApp Business between Android and iPhone without root/jailbreak or computer.
2. Transfer WhatsApp from Android to iPhone, iPhone to Android, and Android to Android.
3. Transfer all WhatsApp data, including chats, images, videos, GIFs, emojis, audio, documents, and more. 
4. Support selective transfer of WhatsApp data types.
5. Ensure ultra-fast transfer of WhatsApp data no matter the data volume.
6. Compatible with a wide range of Android and iPhone models, including the latest Android 14 and iOS 17 devices.

In short, the iCareFone Transfer App offers a hassle-free and reliable way to transfer WhatsApp Business from Android to iPhone or vice versa. 

Follow the below steps to learn how to transfer chats from Huawei Android to iPhone with the iCareFone Transfer App.

Steps for Transferring WhatsApp from Huawei Android to iPhone without Computer

Step 1. Install the App

Install the iCareFone Transfer App on your Android phone via the Play Store. 

Step 2. Select the Transfer Option

Launch the app after installation and select “Transfer WhatsApp Business Data” from the home screen.

Choose the “Android to iOS” transfer option.

Step 3. Select the WhatsApp Backup

Authorize the app to access the WhatsApp backup folder and select the WhatsApp backup.

Step 4. Select WhatsApp Data Types to Transfer

Select all or selective WhatsApp data types you want to transfer to iPhone 15 and click “Next”.

Step 5. Extract WhatsApp Backup

Wait for the app to analyze and extract WhatsApp backup. Once done, click “Next”.

Step 6. Transfer WhatsApp Backup to iPhone

Now you just have to transfer WhatsApp Business backup to your iPhone 15. For that, you have to first disable Find My iPhone by following the on-screen instructions.

Connect your Android and iPhone with OTG or USB-C cable. That’s it! This way, the iCareFone Transfer App requires a few simple clicks to transfer WhatsApp Business from Android to iPhone successfully.

Part 4. Conclusion

It is not uncommon to struggle with how to transfer WhatsApp Business from Android to iPhone 15. The absence of a native solution from WhatsApp makes it challenging. However, this guide has presented a powerful alternative solution in the form of the iCareFone Transfer App. Its powerful features, fast and complete transfer, and intuitive interface make it a hassle-free experience to transfer WhatsApp Business between Android and iPhone. 

Therefore, it’s time for action. Install the iCareFone Transfer App on Android, follow the above steps, and transfer WhatsApp to your new iPhone 15 right away.

Part 5. FAQ

1. Can I use WhatsApp and WhatsApp Business on the same number?

No, you cannot use WhatsApp Personal and WhatsApp Business with the same number. If you create a WhatsApp business account with the same number, your personal WhatsApp account will convert into a WhatsApp Business account.

2. How to transfer WhatsApp data from Android to iPhone after setup?

To transfer WhatsApp data from Android to iPhone after setup, you need to use a reliable third-party WhatsApp transfer tool, like iCareFone Transfer. iCareFone Transfer can intelligently extract WhatsApp chats and data from Android and then transfer them to the iPhone WhatsApp app without a factory reset.

AfriLabs, the largest pan-African network of technology and innovation hubs, is thrilled to announce the release of two pivotal studies on Artificial Intelligence (AI) in Africa. Funded by the Bill and Melinda Gates Foundation (BMGF), these studies offer unprecedented insights into the AI startup ecosystem and the ethical implications of AI policies on the continent.

The first study, Landscape Analysis of AI Startups in Africa, provides a detailed mapping of AI startups across Africa. It categorizes startups by their areas of focus, stages of development, and geographical distribution, presenting a clear picture of the current AI landscape. The study also delves into the unique challenges and opportunities these startups face within Africa’s socio-economic environment.

The second study, Implication of AI Ethical Policies on Africa Innovators and Entrepreneurs, examines how various ethical frameworks and policies influence AI development and deployment across different African countries. It highlights both the positive implications and potential drawbacks, offering strategic recommendations for policymakers to ensure that AI practices are not only ethical and aligned with Africa’s broader development goals but also enabled.

Both reports fill critical gaps in existing knowledge and have far-reaching implications for practitioners, policymakers, and researchers working within the field of AI in Africa. These studies are expected to drive informed decision-making and foster a more supportive environment for AI innovation on the continent.

Nanko Madu, Director of Programmes at AfriLabs, emphasized the importance of these studies, stating “The insights from these reports are invaluable for understanding the dynamic AI landscape in Africa and the ethical considerations that must guide our innovation efforts. We are grateful to the Bill and Melinda Gates Foundation for their support and are confident that these studies will serve as crucial resources for stakeholders across the continent.”

The full reports are available for download at the following links: Ethical Horizons: Mapping AI Policy in Africa- https://bit.ly/AI-Report-one  &  AI Startups Mapping in Africa – bit.ly/AI-Report-2.

About AfriLabs

AfriLabs is the largest network of technology and innovation hubs across Africa, driving the growth of Africa’s innovation ecosystem. With a mission to support the development of the African technology and innovation ecosystem, AfriLabs connects hubs and other stakeholders to facilitate collaboration, resource sharing, and knowledge transfer.

For media inquiries, please contact pr@afrilabs.com  & comms@afrilabs.com.  For more information about AfriLabs and its programs, please visit www.afrilabs.com. 

FITC recently concluded its highly anticipated TechnNovation FINTECH Conference, themed “Building Trust in the Digital Age: Balancing Performance with Compliance.” The event brought together key stakeholders from the financial sector, including banks, fintech innovators, investors, and regulators. The conference provided valuable insights and learning opportunities around industry trends, product innovation, regulatory updates collaboration and partnership. 

In her address, Chizor Malize, MD/CEO of FITC and convener of the conference, emphasised the transformative impact of fintech on the global financial services industry. She highlighted the success stories of companies like Interswitch, Flutterwave, and M-Pesa, highlighting Africa’s potential to drive financial inclusion and economic growth through digital innovation. 

Malize underscored the importance of maintaining trust and compliance in the digital age, emphasizing FITC’s role in providing innovative knowledge solutions and capacity-building programs to strengthen the financial services sector. 

The Keynote address by Philip Ikeazor, the Deputy Governor of Financial Systems Stability at the Central Bank of Nigeria (CBN) and Board Chairman, Financial Institutions Training center (FITC) which was delivered by, Taiwo Oladimeji Deputy Director, Payments System Management Department Central Bank of Nigeria (CBN) highlighted the remarkable growth of the fintech sector in Nigeria and the importance of trust in digital finance. 

Ikeazor stated that “over the past decade, Nigeria has seen a significant surge in its fintech sector, transforming financial transactions through innovations like mobile payments and blockchain technology. With over 200 fintech startups, Nigeria has become a hub for financial inclusion and substantial investments. The Central Bank of Nigeria (CBN) has played a pivotal role by implementing policies that promote innovation while maintaining financial system stability and integrity.”

Continuous dialogue, knowledge sharing, and capacity building are necessary for balancing performance with compliance. The CBN’s e-learning platform, SabiMONI, promotes financial literacy and deepens financial inclusion by equipping citizens with the knowledge and tools they need. This initiative aims to build a financially inclusive society and foster greater trust in the financial system. 

In conclusion he highlighted that the CBN is dedicated to developing regulatory frameworks that address challenges posed by emerging technologies such as AI (Artificial Intelligence), blockchain, and digital currencies. The Payments System Vision (PSV) 2025 focuses on driving digital innovations and payments, with an emphasis on contactless payments, big data, and open banking. 

In her opening address Adedoyin Odunfa MD/CEO Digital Jewels Limited and Chair of the Conference Advisory Board, highlighted the crucial role of fintech in Nigeria’s economic development and financial inclusion at the FITC FinTech Technovation conference.  

Odunfa further stressed the importance of balancing innovation with compliance, advocating for a customer-centric approach and diverse teams. She emphasized key success factors such as having committed individuals, robust processes, scalable solutions, and effective collaboration.  

In conclusion she urged fintech companies to focus on problem-solving, delivering on promises, integrating security, and leveraging global best practices, emphasizing continuous learning, and networking for success. 

The conference recorded various plenary sessions which enabled deeper discourse.  

The first plenary discussion addressed Unleashing the Power of Fintech: Balancing Innovation with Regulatory Frameworks in a Borderless World. The lead speaker for the first plenary session Dr. Oyenuga Olufemi, Group Chief Digital Officer, Mainbridge Group highlighted the digital opportunity’s risks and challenges, showing the importance of structural activity and social responsibility in leveraging exponential technology, internet connectivity, and cloud.  

The session emphasized the balance between fintech innovation and regulatory compliance. Collaboration, proactive regulation, and ethics are essential for maintaining consumer trust and financial inclusion. Continuous dialogue between industry players and regulators is vital for navigating the evolving landscape. Adeyinka Adekoya, Group Head Corporate, Retail and Energy Interswitch highlighted market opportunities despite regulatory challenges and stressed the importance of financial literacy and ongoing public education for sustainable growth. 

The second plenary discussion addressed Scaling with Fintech Capital Strategies: Navigating Growth from Seed to Success. Lead speaker Oladipo Alabede, CEO of Clane, emphasized the importance of customer obsession in fintech innovation. By continuously anticipating and meeting customer needs, fintech companies can build lasting relationships and earn trust. This approach not only drives customer loyalty but also helps in identifying viable products that can generate sustainable revenue streams. Alabede advocates focusing intensely on understanding and serving niche markets effectively before scaling operations.  

The session underscored the need for Fintechs to diversify funding sources and prioritize adaptability, customer focus, and strategic partnerships for sustainable growth. Yonodu Okeugo from VFD Microfinance Bank highlighted their customer-centric strategy and collaboration to drive innovation and meet evolving needs. He remarked, “Our growth strategy is centered on scaling transaction volumes and enhancing service delivery to meet evolving customer needs.” 

The third plenary discussion addressed Collaborating to Protect the Nigerian Fintech industry for a secure financial industry. Leading in the discussion Olaoluwa Awojoodu CEO, E-Settlement, emphasized the transformative potential of AI and the need for Nigerian Fintechs to embrace collaboration despite competitive pressures. Highlighting global AI advancements, he stressed the urgency for Nigeria to keep pace. Olaoluwa likened the industry to a forest where companies compete for resources but can benefit from underground collaboration. He advocated for unified platforms to combat fraud, leveraging technologies like BVN (Bank Verification Number), and urged strategic collaboration to navigate challenges and seize opportunities in the evolving digital landscape.  

The third session brought insights on the importance of collaboration, trust, and regulatory support in Nigeria’s fintech ecosystem. Panelists agreed that partnerships and improved regulatory frameworks are essential for sustainable growth and innovation. Elliot Kayode Sangoleye underscored the need for agile and adaptable regulations that foster rather than hinder fintech advancements. By addressing these areas, stakeholders can work towards a more secure and prosperous financial environment in Nigeria. 

The two-day conference highlighted other insightful segments.

The first plenary segment for day two was Fintech & Sustainability: Financing a Greener Future it focused on how fintech can drive sustainable investment, enhance transparency, and foster financial inclusion, alongside the challenges and solutions in achieving these goals.

Seun Onayiga who is an investment banker and a finance expert, highlighted the pivotal role of data analytics and fintech in driving sustainable finance. He emphasized how these technologies enable real-time tracking of environmental impacts and enhance transparency in ethical sourcing through blockchain. Fintech’s contributions to financial inclusion via mobile banking and micro-insurance were also emphasized, promoting green behaviors and sustainable investments.  

The second plenary discussion for day two Regulatory Evolution in Fintech: Navigating Compliance Challenges in a Rapidly Changing Landscape. Focused on navigating compliance challenges in the rapidly evolving fintech landscape. The conference brought together industry experts to share insights on AI in compliance, financial crime regulations, and the importance of regulatory evolution.

Dr. Olubukola Akinwunmi highlighted fintech’s efficiency and competition, stressing collaboration between traditional banks and inexperienced players. He addressed challenges like infrastructure resilience, regulatory jurisdiction, market misconduct, and governance. His solutions included shared infrastructure models, improved governance, and effective collaboration to enhance public trust and sustain financial sector growth. Mercy Mulei Executive Head Risk & Compliance M-Pesa Africa highlighted the dual role of regulation as both an enabler for fintech innovation and a safeguard for public interests. She underscored the necessity of balancing regulatory compliance with business growth. 

The expert debate stood out for its ethical focus, industry relevance, expert insights, interactive dialogue, and emphasis on policy and governance. 

The expert debate structure of “Ethical AI vs. Algorithmic Profits: Should Fintechs Prioritize Financial Gains over User Wellbeing?” was uniquely focused on balancing profitability with ethical considerations in AI adoption within fintech. Dr. Stanley Jacob MD/CEO Zest emphasized the critical relationship between profitability and ethics, warning against compromising ethical standards for business growth. He cited instances of companies facing closure due to ethical breaches, advocating for a harmonious alignment of profitability with ethical responsibilities. Taiwo Joda MD Accion MFB echoed these concerns by highlighting global regulations like GDPR as essential frameworks for promoting data privacy and ethical AI practices. He stressed transparency in AI decision-making to empower users and ensure informed consent, underlining the importance of ethical guidelines in fintech operations. 

The session concluded with a consensus on the importance of AI governance and developing regulatory competencies in emerging economies. Participants agreed on the need for robust AI governance frameworks to foster sustainable AI adoption while effectively addressing regulatory challenges. 

Participants at the conference who were drawn from across the continent representing Fintechs, banks, innovators, investors, and regulators, shared their experiences: 

“Elliot Kayode Sangoleye, Group Head of E-Business & Digital Services at Providus Bank, reflected on the conference’s deliberations: “The discussions at this conference have illuminated critical industry developments, emphasizing the importance of compliance and trust. By addressing these areas, we can ensure sustainable growth and stability in the fintech sector. This conference has been instrumental in charting a path forward, highlighting the need for continuous innovation while maintaining rigorous standards of governance. It is clear that collaboration and adherence to ethical principles are paramount for the industry’s future success.” 

The fourth edition of the FITC FinTech TechnNovation Conference concluded on a high note, delivering substantial insights and learnings to the financial services and fintech industry. As participants depart with enriched knowledge and strategic insights, FITC remains committed to future editions that will continue to shape the landscape of financial technology in Nigeria and beyond. FITC plays a pivotal leadership role in advancing the sector through cutting-edge knowledge solutions and capacity-building programs, consistently driving excellence and innovation in the financial system. 

FITC, Financial Institutions Training Centre, is a world-class innovation-led knowledge and professional services firm providing cutting-edge learning, advisory, and research services to clients in the financial services and other sectors within and outside Nigeria. Established in 1981 as a non-profit organization limited by guarantee, FITC is owned by the Bankers Committee, comprising the Central Bank of Nigeria (CBN), Nigeria Deposit Insurance Corporation (NDIC), and all deposit money banks in Nigeria. 

For four decades, FITC has been at the forefront of innovative knowledge offerings designed for an array of C-suite executives, directors of banks, and other financial institutions. Leveraging its strategic leadership role, FITC consistently drives excellence and innovation, positioning itself as a pioneer in advancing the financial system. 

In the realm of currency trading possessing effective tools is essential. Forex trading app has transformed how traders engage with the market providing functionalities that facilitate trading, thorough market monitoring, and effective account administration. Whether you’re new to trading or an experienced expert grasping the components of these applications can assist you in making an informed decision that aligns with your trading requirements.

Why the Right Forex Trading App Matters

Picking the right trading application can make a significant difference. These applications enable you to trade while on the move offering crucial features and tools to improve your trading approach. With features, like real-time market updates, news alerts, and advanced analysis tools top-notch apps guarantee that you are well-equipped to adapt to market fluctuations.

Key Features to Look for in a Forex Trading App

1. User Interface (UI) and User Experience (UX):
   • Having a user-friendly interface is crucial. It’s important to have an app that simplifies navigation and smoothens the trading process allowing you to concentrate on executing trades rather than struggling with the usability of the app.
   • The app needs to work well on different devices providing a seamless experience and all its features no matter what kind of phone or tablet you have.
2. Analytical Tools:
   • Comprehensive charting tools with various indicators are vital. These tools help you analyze market trends and make informed decisions based on real-time data.
   • Having access to real-time data feeds is essential. It allows you to stay updated with the market news and price changes promptly, which can have a significant impact on how you approach your trading decisions.
3. Security Features:
   • Securing your assets is very important. Look for apps that follow industry standards and offer security measures, like two-factor authentication (2FA) and encryption to protect your data and funds.
4. Customer Support:
   • Both experienced and new traders may find it helpful to have support when needed. Look for an application that provides the clock customer service through channels, like live chat, email, or phone calls.
   • Extensive resources like FAQs and educational materials are also beneficial for navigating the app and understanding the forex market better.

5. Cost Efficiency:
   • Consider the cost of using the app. Ensuring that your profits remain intact is crucial so it’s essential to have fee structures competitive spreads and minimal transaction costs in place.

Review of Top-Rated Forex Trading Apps

1. HFM Trading App:
   • Known for its user-friendly interface and easy navigation.
   • Offers an integrated calendar for timely market updates.
   • Focuses on education with extensive learning resources.
2. IG Trading App:
   • Offers robust functionality and a wide range of tradable assets.
   • Features advanced charting and risk management tools.
3. eToro:
   • Unique social trading network allows copying trades from experienced traders.
   • User-friendly design and interactive community feed enhance the trading experience.
4. Forex.com:
   • Integrated with TradingView for advanced charting capabilities.
   • Provides deep technical analysis with over 80 technical indicators.
5. Interactive Brokers (IBKR):
   • Competitive pricing model based on commissions.
   • Access to a wide range of global markets.
6. Oanda:
   • Integrates with MetaTrader 4, offering comprehensive charting tools.
   • Ideal for algorithmic traders and detailed market analysis.

How to Get Started with Your Chosen Forex Trading App

1. Choosing the Right App:
   • Assess your trading needs and skills. Consider starting with a demo account to test usability and features before committing to a live account.
2. Setting Up an Account:
   • Follow the registration process, complete identity verification, and choose a funding method for your initial deposit.
3. Leveraging App Features for Success:
   • Make use of the educational resources provided. Engage with the community to learn and share insights.
   • Stay informed about market changes and adapt your strategy accordingly.

Conclusion

Picking the most suitable trading application involves considering usability, security, and reliable assistance to ensure a smooth trading journey. Opting for an app that matches your trading style and goals can elevate your performance in the changing landscape. Recognizing the functionalities that boost trading efficiency and decision-making can greatly influence your aspirations.

Madhouse, Africa’s leading hub for creativity and innovation, concluded its pioneering Lens-Based Incubation Programme on June 28th by awarding $10,000 seed funding to the winner of its Demo day pitch competition. In partnership with the University of Lagos, Madhouse designed this programme to equip African creatives with essential business skills necessary to establish profitable ventures.

Africa’s creative industry, contributing 1.42 percent to the nation’s GDP, faces significant challenges including funding accessibility, intellectual property protection, and limited training support. Initiatives like Madhouse’s programme are crucial in addressing these obstacles. Notably, in 2020, Afreximbank announced a $500-million Creative Industry Support Fund, aimed at providing credit lines and direct financing to operators. In late 2021, the African Development Bank extended a $170 million loan to digital and creative enterprises in Nigeria, further underscoring the sector’s economic potential. The Nigerian government through the Federal ministry for arts, culture and creative economy has prioritized investment in the growth of the creative and cultural sectors through the destination 2030 agenda.

Madhouse is playing a pivotal role in tackling these challenges by providing a conducive environment for creativity, business training, and $10,000 seed funding. This funding is aimed at enabling creative entrepreneurs to scale their businesses globally, create employment opportunities, and significantly contribute to economic growth.

AfrikoHub, an AI-powered platform connecting businesses and creators with afro-centric content emerged as the winner of the LensBIP demo day pitch competition. Tunde Raphael, Founder AfrikoHub shared, “The incubation programme pushed me and my team to deliver and gave us access to practical insights from successful creative entrepreneurs. This funding gives us the opportunity to continue to build AfrikoHub and deliver value at scale.”

Reflecting on the Lens-based incubation programme’s impact, Christiana Fagbenro, a participant shared, “As a female creative entrepreneur, the programme transformed my approach to funding and business structure, providing invaluable mentorship and equal opportunities.” University of Lagos Vice Chancellor, Folasade Ogunsola, praised the programme for nurturing entrepreneurial spirit among youth and fostering innovative solutions.

Participants of the Lens-Based Incubation Programme benefited from mentorship by industry leaders such as Kola Aina, Ojoma Ochai, Adaora Mbelu, and others. They received training in investment readiness, ideation, design thinking, product development, creative business models, and legal considerations. Access to Madhouse’s state-of-the-art facilities fostered an environment conducive to innovation and collaboration across diverse creative disciplines.

Presiding as judges at the pitch competition were the University of Lagos Vice Chancellor, Folasade Ogunsola, Head of Arts and Regional Lead for Creative Economy SSA at British Council, Brenda Fashugba Executive Director, VFD Group, Adeniyi Adenubi, Chairman, ISN Hubs, Charles Emembolu, CEO Pulse Africa, Katharina Link and Professor of Entrepreneurship hub and Strategic Management, Sunday Adebisi. 

The programme’s Demo Day showcased a convergence of creative minds, featuring a recycled art creation exhibit and a panel discussion on building sustainable creative businesses. Esteemed figures like Layi Wasabi, Emmanuel Oyeleke, Ferdy Adimefe, Malik Afegbua and Olufemi Oguntamu shared insights, inspiring young creatives with their experiences in transforming their passion to profit.

Bayo Omoboriowo, Founder Tikera Africa, emphasized, “Madhouse is a creative expression of Tikera Africa that disrupts and accelerates socio-economic growth by empowering young Africans to innovate freely and access global markets.” He highlighted the programme’s role in equipping talents with skills to commercialize their creativity effectively.

Madhouse remains committed to advancing Africa’s creative and cultural sectors, nurturing a new generation of innovators prepared for global influence. For more information on Madhouse and its initiatives, visit www.tikeraafrica.org.

About Madhouse:

Madhouse serves as Africa’s premier laboratory for creativity and innovation, dedicated to nurturing African creative and cultural innovators. Through its comprehensive programmes, Madhouse provides mentorship and resources to empower aspiring creatives, enabling them to transform ideas into globally successful enterprises.

In a significant step towards modernizing Nigeria’s legal landscape and combating document fraud, the Supreme Court, represented by Head of Notary Hadiza Bamaiyi, participated in the inauguration of the Society for Notaries Public of Nigeria (TSNP), in partnership with ToNote, technology partners to TSNP.

The event highlighted the crucial roles that technology, education, and enforcement will play in advancing document authentication practices and promoting excellence within Nigeria’s notarial profession.

Held on June 20th, 2024, at the prestigious Marriott Hotel in Lagos, the event was attended by Hadiza Bamaiyi, representing the office of the Chief Justice of Nigeria, and Maryam Bello, representing the office of the Chief Registrar of Nigeria. The Society for Notaries, led by its Nigeria trustees including Justice Ayo Phillips (rtd.), Life Patron, Chief (Mrs.) Marlies Allan, President & Master of Notaries-In-Council, Mr. Wale Adekola, B.O.T. Chair, and Mr. Muyiwa Ayojimi, Secretary, along with Council members Mr. Layi Babatunde SAN, Mr. Chukwudi Adiukwu SAN, Mr. Kayode Enitan SAN, Mr. Alex Muoka, and Mr. John Dong, expressed their commitment to fostering the highest standards of professionalism and integrity in the notarial practice.

The Society for Notaries Public (TSNP) brings together legal professionals appointed by the Nigerian government to ensure the credibility and trustworthiness of documents used in applications, registrations, and transactions locally and abroad.

In her keynote address, Mrs. Marlies Allan, President and Master of Notaries (TSNP), highlighted the transformative impact of technology on notarial services.

 “The integration of digital tools is essential for improving efficiency and security in document authentication,” she remarked. 

Enthusiastic attendees watched as the ToNote team demonstrated how their solution enhances accessibility, speed, compliance, and verifiability of documents during notarial processes, all in accordance with the provisions of the Notary Public Act and Evidence Act 2023.

Fikayo Durosinmi-Etti, technology advisor to the board of trustees for the Society of Notaries Public and CEO of ToNote, discussed the challenges faced within the document authentication space, including inaccessible services, misrepresentation, non-compliance, and unverifiable documents. Insights uncovered following the completion of thousands of notarial transactions locally and internationally. His address was followed by a live demonstration showcasing how ToNote’s solution addresses these issues. Click here for a recap of the demo.

Demo Summary;

• Average time to notarise a document online is just 8 minutes.
• Connect with Supreme Court certified Notaries, who are also trained members of TSNP, online and on demand.
• Get documents certified or authenticated from anywhere in the world without paper, travel, or logistics costs, unless absolutely necessary.
• All sessions are virtual and conducted in real-time using identity-backed electronic signatures and seals.
• Every document is accompanied by a digital transaction certificate and audit trail to ensure security and non-repudiation.
• All notaries and documents on the system are verifiable
• The process is fully online, end-to-end, and compliant with the Notary Public and Evidence Acts of 2023.

During a fireside chat towards the conclusion of the event, there was consensus amongst members of the panel representing the Supreme Court, Nigerian Bar Association and TSNP, that ongoing education is essential for professional development in the notarial field. The Society for Notaries Public underscored its dedication to providing comprehensive training programs to keep notaries updated on the latest legal and technological advancements.

Panelists were engaged by representatives from NAFDAC, SEC, and various consulates on the document authentication challenges that they faced, and agreed that upholding the integrity of notarial services requires strict enforcement of standards. The Society was charged with the task of collaborating closely with the Supreme Court to ensure that notaries and institutions adhere strictly to guidelines aimed at preventing document fraud.

The inauguration of the Society for Notaries Public marks a new era for notarial services in Nigeria. Emphasizing technology, education, and enforcement, this initiative aims to improve the efficiency and integrity of document authentication processes.

Legal professionals are encouraged to participate in this transformative journey and leverage technologies like ToNote to deliver compliant, accessible and verifiable notarial services, paving the way for a future where legal processes are more streamlined and trusted.

While the market shows fluctuations, Arweave’s price struggles within its prolonged downtrend, sparking concerns about its future resilience. Simultaneously, the Maker (MKR) Rally is gaining momentum, suggesting a possibility for a substantial rebound as it nears vital support levels. 

Amid these conditions, BlockDAG has drawn significant attention by introducing its X1 app, marking a crucial milestone by raising $54.5 million in its presale and selling 11.8 billion coins, affirming its status as a premier long-term cryptocurrency. This platform grants users up to 20 BDAG coins daily, effectively merging cutting-edge technology with user interaction.

Arweave Price Wavers Due to Technical Challenges

Initially, Arweave’s price appeared poised for a breakout from its bull flag but failed to hold the $43 level as support, reverting to a pronounced downtrend. This inability to hold key support has brought back a bearish sentiment, pushing Arweave’s price into a zone of uncertainty.

Despite the decline, the heightened market reactions might indicate forthcoming opportunities. Arweave’s price volatility remains elevated, with the asset now positioned below its main downtrend line. Analysts like Rekt Capital suggest this scenario might lead to a significant retest. The possibility of a recovery depends on Arweave’s capacity to stabilize and regain its earlier market standings.

Maker (MKR) Rally Shows Promise of a Strong Recovery

After an impressive 11% rise, the Maker (MKR) Rally saw a minor pullback, suggesting a potential retest of crucial support levels. Recent on-chain data reveals a strategic absorption of buy-side liquidity, eliminating overleveraged positions and paving the way for renewed buying interest.

As Maker nears its daily order block range of $2,225 to $2,294, the market’s reaction could propel a further 15% surge, aiming for the $2,646 level. With indicators like RSI and the Awesome Oscillator showing improvements from previously undersold conditions, the ongoing Maker (MKR) Rally could continue, challenging higher resistance levels and maintaining its upward movement.

BlockDAG X1 App: Innovating Mobile Mining with a Stellar $54.5M Presale

BlockDAG is at the forefront of cryptocurrency innovation with its newly launched X1 app, designed to streamline the mobile mining process. This app is available for Android and iOS users to mine BDAG coins directly on their smartphones. Notably, the X1 app incorporates an energy-efficient algorithm that reduces the usual high battery and data consumption, setting a new standard in eco-friendly crypto mining technologies.

The app’s capacity to mine up to 20 BDAG coins daily without the conventional energy drain of traditional mining methods is a significant advancement. It also features a compelling referral program and daily incentives to keep the community engaged and growing. BlockDAG’s promotional strategies have significantly raised its profile. A keynote video was prominently displayed on the vast screens at Shibuya Crossing in Tokyo, alongside other high-visibility campaigns at the Las Vegas Sphere and London’s Piccadilly Circus.

These promotions have effectively elevated BlockDAG’s visibility and have been instrumental in its financial success. The company has raised over $54.5 million from its presale, with 11.7 billion coins sold and an additional $3.4 million from mining operations. This success marks BlockDAG as a leading option for those looking at long-term investments in the cryptocurrency sector.

Final Thoughts

While Arweave contends with price instability and Maker displays recovery signs, BlockDAG stands out with its pioneering X1 app launch, boasting a $54.5 million presale and sales of 11.8 billion coins. As market conditions vary, BlockDAG consistently proves its value as the top choice for long-term cryptocurrency investment, making now a prime time for strategic investors.

Invest in the BlockDAG Presale Now:

Presale: https://purchase.blockdag.network

Website: https://blockdag.network

Telegram: https://t.me/blockDAGnetwork

Discord: https://discord.gg/Q7BxghMVyu

The cryptocurrency market is a high-stakes arena where fortunes can skyrocket or plummet in a single night. Investors are always scouting for the next breakthrough that could launch their portfolios into orbit. Today, we’re examining three competitors: Polygon (MATIC), the experienced warrior; Litecoin (LTC), often seen as Bitcoin’s reliable counterpart; and the explosive newcomer, BlockDAG (BDAG).

With Polygon currently riding a wave of growth, Litecoin providing a stable investment ground, and BlockDAG surpassing a $54.4 million presale while unveiling a fresh dashboard feature, the question arises: which deserves a spot in your cryptocurrency arsenal? Let’s dissect their attributes and flaws to guide your strategic investment choices.

Polygon’s Uptick: Set for a Rally?

Polygon has recently grappled with sluggish price movements and declines. Yet, there’s a change in the wind as MATIC has surged by 9%, climbing from $0.532 to $0.5775. Market analysts hint at a looming breakout, setting optimistic targets between $0.95 and $1.15.

Breaking through the $0.6 resistance level is crucial for MATIC’s ascent. Enhancements in the Polygon ecosystem, such as strategic partnerships and application integrations, could ignite a major rally. Polygon could be gearing up for a remarkable resurgence if these elements coalesce, making it a prime pick for those eyeing bullish altcoins.

Litecoin Forecast: The Steady Contender

Often heralded as the “silver to Bitcoin’s gold,” Litecoin is expected to see modest growth, currently priced between $77.25 and $85.55. While this stability might not lure those seeking quick, high returns, it shouldn’t be overlooked.

In a sea of volatile and speculative new entries, Litecoin’s reliability stands out. Amidst newcomers like 5thScape’s VR token, which has seen explosive presale results, the risk of untested ventures remains high. For investors seeking a more predictable and secure asset amidst the market’s storms, Litecoin offers a safe harbor.

BlockDAG Presale: Dominating the Scene

BlockDAG is quickly becoming the darling of the crypto world, having smashed presale expectations with an impressive $54.4 million raised. Starting at just $0.001 and escalating to $0.014 by the 19th batch, the presale has seen a meteoric 1120% increase. This remarkable growth indicates strong investor confidence in BlockDAG’s future.

Beyond mere capital raising, BlockDAG has launched a global promotional campaign, making high-profile appearances from Tokyo’s Shibuya Crossing to London’s Piccadilly Circus. These efforts and a viral keynote unveiling have put BlockDAG in the global spotlight, highlighting its innovative approach and potential to reshape the crypto landscape.

Prominent crypto enthusiasts are particularly keen to get in early, fueled by BlockDAG’s impressive daily earnings, which have recently skyrocketed to $3 million and are anticipated to reach $5 million soon. Analysts are abuzz with predictions of a potential coin price surge to $10 by 2025, emphasizing the network’s explosive growth and significant return potential

Further enhancing its offering, BlockDAG has introduced a new user-friendly dashboard that includes the latest crypto news, a progress tracker, improved wallet features, and a competitive leaderboard, all designed to boost user engagement and sales.

BlockDAG: The Standout Investment

While Polygon and Litecoin have their merits, BlockDAG outshines both with its groundbreaking presale success, cutting-edge technology, and effective marketing strategies. Its swift ascent, focus on user experience, and extensive visibility mark it as a powerful player in cryptocurrency.

For those searching for a substantial opportunity in the burgeoning crypto market, BlockDAG offers an enticing investment. As the presale continues to attract attention, now is the time to secure a stake in what could be the next major revolution in the cryptocurrency space.

Join BlockDAG Presale Now:

Website: https://blockdag.network

Presale: https://purchase.blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu

In the dynamic world of travel and tourism, staying ahead means constant innovation and adaptation. Wakanow, a major player in the travel industry, redefines convenience and travel accessibility with the launch of exciting new products: Roomde, Staysconnect & the all new Wakanow website on the 20th of June. These innovations mark a significant milestone in Wakanow’s journey to enhance customer experience and broaden its service offerings.

Roomde: Improving Your Stays

Roomde is designed to make booking accommodations as seamless as possible for customers. Our aim is to bring travellers a diverse range of stay options suitable for every customer’s need. The launch of Roomde expands Wakanow’s service offerings with plans to simplify the booking process and ensure a convenient & comprehensive travel experience.

Whether you’re looking for a luxurious retreat or a budget-friendly stay, you’ll find something that suits your needs. To get started visit Roomde.

A New Website: Your one-stop booking portal

Wakanow understands that a user-friendly and intuitive website is crucial for engaging customers and enhancing their online experience. With this in mind, Wakanow has unveiled a redesigned website that prioritises functionality, aesthetics, and ease of navigation. The all-new website is not just a visual upgrade; it is optimised to provide users with faster load times, enhanced security features. Whether you are looking to get cheap flights from Lagos to London or to anywhere else, Wakanow has got you covered.

Key features of the new website include:

·  Responsive Design: Enjoy a seamless browsing experience on the newly launched website across different devices.

·  Enhanced Search Filters: Simplifying the process of finding the perfect travel deals tailored to individual preferences.

·  Secure Payment Gateway: Online transactions are now even more secure with enhanced security measures on our payment getaways.

By investing in this new digital infrastructure, Wakanow aims to set new standards for online travel platforms, offering customers a more efficient and enjoyable booking process from start to finish.

As Wakanow unveils these innovative products—Roomde & a new website, it reaffirms its position as a trailblazer in the travel industry. These initiatives not only reflect Wakanow’s dedication to providing solutions to evolving customer needs, but also set a benchmark for excellence and innovation in the competitive landscape of online travel services. Whether you’re planning your next getaway or simply exploring options, Wakanow promises to make travel simpler, smarter, and more rewarding than ever before.

As a creative in Nigeria, finding the perfect companion to elevate your daily creative experiences is essential. All socialites will also agree that making crystal clear calls or listening to great music before connecting with people sets the tone for memorable conversations at events. Whether you’re setting the mood for a party, seeking solace in nature, or simply enjoying a quiet evening at home, the oraimo BoomPop 2S can deliver an unparalleled audio experience wherever you go.

The Nigerian headphone industry has recently taken a new turn as Africa’s foremost mobile technology giant, oraimo prepares to release the much-anticipated gesture-control oraimo BoomPop 2S headphones, the latest marvel in portable audio technology that promises to revolutionize the way you experience music and sound. Engineered with cutting-edge gesture control technology, this device redefines how you interact with your music and calls, ushering in a new era of immersive and intuitive audio delight.

At the heart of the BoomPop 2S lies a pioneering air gesture control system, a first-of-its-kind innovation in the African market. Users can seamlessly control calls and music with a simple wave. You can now play, pause, skip tracks, and pick calls effortlessly; immersing you in a truly intuitive listening pleasure. Imagine you are dining with friends on an occasion (eating with your hands) and your phone rings. With a simple wave of your hand, you can answer or end calls. You can also easily switch on your favourite music when you get bored, or simply switch from call to music/game mode, all using the wave of your hands. Isn’t that remarkable? 

The new device offers cutting-edge features, exceptional sound quality, and intuitive gesture control. The BoomPop 2S is not just a headphone, it’s your gateway to an adventure of rhythm and sound. 

Compatibility with the oraimo sound app takes this innovation even further, enabling you to personalize your music via several customized EQ modes on the oraimo sound app.

oraimo is committed to bringing the most advanced technology to Nigerian consumers, and the BoomPop 2S is a testament to that promise. This amazing device comes with impressive battery life that keeps the music going for hours on end. You can trust that the BoomPop 2S will be by your side, providing the soundtrack to your adventures without missing a beat. Music lovers can enjoy 50 hours of uninterrupted playtime, robust dual Bluetooth connectivity, and Environmental Noise Cancellation (ENC) technology that delivers crystal-clear audio either for music or during calls. Also manufactured with the AniFast^TM  Technology (charging the device for 15 minutes, delivers 500 minutes of playtime).

The BoomPop 2S isn’t just about high-tech functionality; it’s built to withstand the rigors of an active lifestyle. Its rugged, durable texture makes it the perfect companion for outdoor adventures, from beach hangouts to mountain hikes and intensive workout sessions. The gesture control feature gives you the freedom to explore a world of possibilities; using natural hand motions, elevating your listening capability to unprecedented levels of convenience and responsiveness.

For gamers, the dual connectivity feature of the oraimo BoomPop 2S allows for smooth switching between games and calls, astonishing sound quality, and a low latency game mode that enables instant video-audio sync. The device is lightweight, has soft PU earpads and metal headbands, and is foldable and rotatable. It is designed for those who refuse to compromise on quality or convenience. 

With a vast worldwide reach spanning 60+ countries and a diverse product portfolio, one of the fundamental aspects that distinguish oraimo from its rivals is its commitment to innovation and its love for exploring advanced technology. This has earned the brand not just a significant position in the worldwide market but also established them as a pioneer in Africa’s mobile technology industry.

In a world where music, entertainment, and crystal clear calls are integral parts of our lives, the oraimo BoomPop 2S stands out as a versatile, high-performance headphones that cater to your every need. So why settle for the ordinary when you can embark on an adventure of rhythm and sound? Embrace the future of audio with the oraimo BoomPop 2S. Visit the oraimo official online website ng.oraimo.com  today and use code : iloveoraimo enjoy an exclusive 5% discount. 

oraimo has just launched their official app, the oraimo store, now available for download on Google Play and the Apple Store. To celebrate this milestone, oraimo is offering an exclusive 12% discount on your first purchase! This user-friendly app streamlines your shopping experience, providing quick and easy access to the latest oraimo gadgets and accessories. Don’t miss out on this fantastic opportunity to explore and save!

Don’t miss out on this opportunity to be among the first to embrace the power of gesture control audio technology. 

Despite its youthful population, Nigeria needs help to harness this dynamic resource to score critical socioeconomic wins. Numerous experts have cited the high rate of unemployment in the country and the reduced opportunities for young people to become economically independent as the major challenges.

In a 2021 report titled “Of Roads Less Travelled: Assessing the Potential for Migration to Provide Overseas Jobs for Nigeria’s Youth”, the World Bank stated that Nigeria’s unemployment rate rose five times between 2010 and 2020, going from 6.4%  in 2010 to 33.3% in 2020. The report also noted that the unemployment rate was significantly higher for youth (42.5%) than for non-youth (26.3%).

Against this backdrop, most Nigerian youths continue to look for greener pastures in North America and Europe, as opportunities that had hitherto declined worsened post-COVID. Those who remain in the country constantly seek opportunities to improve their skills and take advantage of Nigeria’s growing tech boon. 

Nigeria’s Tech Opportunity 

The Tech industry has become one of Nigeria’s brightest spots in recent years, creating new business opportunities and employment for a growing number of young people. The industry has also witnessed exponential growth, with a report by McKinsey projecting that Nigeria’s digital economy could contribute over $9 billion in intrinsic value to the country’s economy by 2025. 

This growth is fueled by a young population with a strong affinity for technology, a rapidly emerging startup ecosystem, and increasing investments from local and international venture capital firms. In 2023 alone, reports show that Nigerian tech startups raised over $390 million.

Several factors have contributed to this remarkable growth:

• Mobile Penetration: The widespread adoption of mobile phones has created a massive market for tech products and services, particularly in areas like fintech and e-commerce.
• Increasing Internet Access: Improved Internet connectivity, especially in urban areas, has facilitated the growth of online businesses and digital services.
• Supportive Government Policies: The Nigerian government has introduced several initiatives to promote the tech sector, including tax incentives for tech startups and funding for tech incubators.
• Skilled Workforce: Despite the high unemployment rate, Nigeria boasts a growing pool of talented young people with solid tech skills, thanks to the efforts of organisations like ALX and other coding boot camps.

However, challenges still need to be addressed, including inadequate infrastructure, limited access to funding for early-stage startups, and a shortage of highly specialized tech skills. Nonetheless, the potential for the tech sector to drive economic growth and create jobs for young Nigerians is immense.

ALX: Empowering Nigerian Undergraduates with Tech Skills

Amid these challenges and opportunities, ALX is playing a crucial role in equipping Nigerian undergraduates with the skills they need to thrive in the tech industry. By offering affordable, high-quality training in in-demand tech skills, ALX is bridging the gap between education and employment and creating a pipeline of skilled tech talent for the growing Nigerian tech ecosystem.

An example is the ALX campus roadshow, which has been instrumental in reaching a wider audience of students and raising awareness about the opportunities available in the tech sector. The engagement has seen ALX take its message of tech skills as a means of economic empowerment to Nigerian universities like Ladoke Akintola University, Babcock University, and Landmark University.

Speaking on this, Seun Babajide-Durosola, Country Growth Manager at ALX, says, “Our campus roadshow is about more than just awareness. We’re sparking a movement, igniting a passion for tech among students. By engaging with university communities, we’re showcasing the immense opportunities within the digital economy and providing a clear pathway for students to harness their potential.”

Through these engagements, the ALX team has engaged with student tech communities, school administration and undergraduate students on possible pathways into the digital economy. 

In particular, ALX Africa’s fully funded AICE (AI Career Essentials) programme has been a favourite. The six-week, fully online programme provides students with a practical introduction to AI and the skills needed to leverage this transformative technology.

ALX’s emphasis on community building is another crucial factor in its success. By fostering a vibrant alumni network, ALX provides its graduates with ongoing support, networking opportunities, and access to job placements. This not only enhances the career prospects of ALX graduates but also strengthens the overall tech ecosystem in Nigeria.

A Tech-Enabled Future with ALX

As the tech sector continues to grow, initiatives like ALX will play an increasingly important role in ensuring that young Nigerians are equipped to seize the opportunities that this dynamic sector presents. 

ALX’s initiatives are already significantly impacting the Nigerian tech landscape. The organization’s commitment to expanding its reach to more campuses and introducing new courses will further enhance its ability to empower young Nigerians with the skills they need to succeed in the digital economy.

Ruby Igwe, Country General Manager at ALX, says, “ALX is not just about skills training; it’s about empowerment. We’re building a community of tech-savvy young Nigerians ready to transform the nation. Through our programs and vibrant alumni network, we’re creating a ripple effect that will drive innovation and economic growth for years.”

For more information about ALX and its programs, visit their website.