The anticipation is over! Applications are now officially open for the highly anticipated second phase of the esteemed EU Talent exchange program, Digital Explorers. Geared towards sourcing, nurturing, and placing a diverse array of tech talent, this phase specifically targets Junior Data Analysts, DevOps, Front End, and Back End Developers. The program aims to seamlessly match these talents with partner employers in the dynamic landscapes of Lithuania, Latvia, Estonia, and Nigeria. Prospective applicants have until January 15th, 2024, to submit their applications.
Bolstered by the backing of the European Commission, Digital Explorers stands as an innovative ICT-focused knowledge and talent exchange initiative. It acts as a pioneering force in driving the digital revolution across these interconnected regions. Following the success of the pilot project from 2019 to 2021, particularly the impactful partnership between Lithuania and Nigeria, Digital Explorers has expanded its scope. Embracing a multi-country, multi-track scheme, Digital Explorers II aims to identify, train, and match 150 ICT specialists from Nigeria, Kenya, and Armenia.
The program offers three distinctive tracks: Professional, Trainee, and Ambassador. Each track is designed to foster skill enhancement, career acceleration, and cross-cultural experiences among participants. Digital Explorers serves as a catalyst for exploration and partnership building within the digital ecosystems involved, offering avenues for:
Individual Journeys: Providing opportunities for young ICT specialists to engage in specialized technical and soft skills training. Participants can join Baltic ICT companies for internships or employment, fostering both personal and professional growth.
Private Sector Development: Beyond talent exchange, the program facilitates business missions and network-building activities, acting as a platform to forge new business partnerships and explore untapped markets.
Knowledge Exchange: Through the Ambassador track, the program pairs civil servants and techpreneurs to exchange insights crucial for fostering digital economy growth, such as startup ecosystem development and GovTech facilitation.
The Digital Explorers project fosters a triple-win scenario, benefiting recipient countries, participants, and partner nations alike. It significantly contributes to addressing skill shortages, amplifying trade relations, and enhancing participants’ skills, experience, and professional networks.
Implemented by OSMOS Global Partnerships, StartinLV, ESTDEV, and co-funded by the EU through the Migration Partnership Facility (MPF) of ICMPD, this project commenced in March 2023 and spans a 36-month duration until February 2026. Get Global proudly serves as the official selection partner in Nigeria for OSMOS Global Partnerships in Lithuania.
The opportunity to be part of this transformative journey awaits! Applications are open until January 15th, 2024. Discover more and submit your applications at link.
Bitlink Exchange, a Singapore-founded crypto exchange trading platform, has expanded its operations into Africa focusing on Nigeria with clear intentions to spread into other African countries by 2024.
This bold move is predicated on its mission which is to deepen Web-3 adoption by leveraging cryptocurrency innovation and blockchain solutions starting with the Nigerian ecosystem.
According to the co-founder and CEO, Jearon Wongat the official launch in Lagos, Bitlink is in Africa to sustainably explore and deploy Web3 boundless opportunities for the continent’s benefits.
Wong stated that though now in Hong Kong, the trading platform’s team consists of top global financial professionals and blockchain technology experts with the task of providing global users with secure, efficient, and comprehensive trading services.
‘’Our plan for the African market is long term, to expand the space and make cryptocurrency knowledge available to all, we will partner with people in the ecosystem to educate more persons about Web3 and make our process seamless’’, he virtually asserted.
By establishing roots in Nigeria, as a start before expanding to other African countries, he stated that Bitlink aims to directly engage with the local communities by fostering a collaborative environment that facilitates innovation, education, and adoption of decentralized technologies.
Regional Manager, Bitlink Africa, Jasper Stevens said by unveiling their decentralised digital future, the launch marked a pivotal moment for the cryptocurrency community in Nigeria and Africa.
Stevens said with a steadfast commitment to Web-3 messaging, Bitlink aims to catalyze the shift toward a more inclusive, private, and user-centric era under a decentralised system.
‘’It is widely acknowledged that Web-3 technologies have the potential to bridge existing gaps in financial access and provide opportunities for individuals who are traditionally excluded from mainstream financial systems.
‘’Bitlink is thus committed to creating a user-friendly platform that facilitates easy and secure access to cryptocurrency, fostering economic inclusion across diverse demographics in Nigeria. And the African continent, he enthused.
Qore, the leading Banking-as-a-Service platform provider in Africa, has announced a strategic partnership with eBanqo, an Omni channel Artificial Intelligence (AI) customer engagement platform. This collaboration aims to empower financial institutions with chat bots that will revolutionize customer engagements across all messaging channels.
As part of its recently introduced Banking-as-a-Platform offering, Qore is committed to providing financial institutions with access to key service providers within the African financial landscape. The platform aims to equip these institutions with the necessary tools and services offered by third-party providers to gain a competitive edge in the industry. With this comprehensive offering, financial institutions can enhance customer experiences by offering diverse services such as insurance, lending automation, cross-border payments, identity verification, and chat bots, among others.
The collaboration with eBanqo represents a significant milestone in the financial services industry as it enables financial institutions to communicate with their customers conveniently and effectively. The critical advantage of this partnership lies in offering an omni channel customer engagement platform that allows financial institutions to interact with their customers 24/7, across multiple messaging channels with little to no human intervention, also empowering customers to choose their preferred engagement channel when interacting with their financial service provider. However, should the need arise, Financial Institution employees can also pick up conversations and respond directly to customers.
Commenting on this partnership, Charles Ifedi, CEO and Co-Founder at eBanqo expressed enthusiasm, stating, “Our partnership with Qore represents a big step in improving banking experiences in Africa by combining innovation and a focus on customers. This collaboration enables banks that are committed to improving customer satisfaction to leverage cutting-edge AI solutions for better customer retention. Customers of these banks would be able to engage with their banks very easily 24/7 across mobile app, web, WhatsApp, and social media channels, allowing for 300% quicker resolution of customer issues and seamless interactions. Together, we’re revolutionizing how customer engagement works in the banking sector for the better.”Emeka Emetarom, CEO and Co-founder of Qore, further emphasized the challenges faced by financial institutions and how this partnership will revolutionize the African financial sector. He stated, “Exceptional customer service is crucial for financial institutions to thrive. As customers engage in more transactions every minute, providing seamless customer service becomes a cornerstone for building lasting trust. Particularly during service downtimes, effective and real-time communication between financial institutions and their customers is essential.”
Under this strategic alliance, Qore and eBanqo will leverage their strengths, expertise, and resources to enhance banking platforms. The partnership aims to establish trust among customers by delivering enhanced offerings and fostering stronger relationships with their banks. The synergistic collaboration between the two organizations is expected to have a powerful impact on the financial services sector, driving advancements and fostering sustainable growth.
Tech4Dev, a non-profit social enterprise founded to connect young people in underserved and under resourced communities globally with economic opportunities through digital skilling, digital jobs and entrepreneurship has expanded its job placement capabilities through the launch of Taltrix, a business process outsourcing social enterprise, setting an ambitious goal of becoming Africa’s largest outsourcing company by 2030 and employing 100,000 young Africans over the next seven years.
Driven by the need to empower graduates of ours and various other digital and creative skills training initiatives with decent jobs, Taltrix was birthed to create a lifeline in the face of an impending unemployment hike. With infrastructure set up across 14 cities in Nigeria with a total capacity to employ 1,000 people, Taltrix aspires to become a pan-African force, aiming for 100 cities across the continent in the coming years.
The BPO project, launched in collaboration with Impact Hub Lagos and Univelcity and hosted by Microsoft Nigeria, had dignitaries from Microsoft, Meta, American Tower Corporation in Nigeria, with the Ondo State Information Technology Agency lending their support. “Over the next seven years, we want to directly employ 100,000 people, starting from Nigeria and across Africa. We believe that the outsourcing sector has the probability to grow to become a $200 billion sector on the continent,” said Taltrix CEO Joel Ogunsola.
Joel’s optimism is fuelled by several factors including Nigeria’s young, large, and vibrant population, coupled with its burgeoning technology and creative ecosystem which offers an ideal incubation environment for the BPO industry to thrive. Additionally, the government’s recent commitment to outsourcing as a means of job creation aligns perfectly with Taltrix’s vision.
“There are so many variables that combine to favour outsourcing into Africa currently, we have multinational companies with local presence and experience that are looking for cheaper and effective options to deliver on their day-to-day tasks and deliverables. Also, the new administration has made a bold commitment to enable the employment of a million people through outsourcing which keys into our vision at Taltrix.”
In the same vein, Oladiwura Oladepo, Executive Director, Tech4Dev, shared that the launch of Taltrix would help drive economic growth on the continent. “Taltrix is not just about filing job roles, we are investing in human capital development to reduce unemployment and underemployment, which will in turn drive economic growth, and shape a brighter future for Africa. We are also building a bridge to connect underserved unrepresented and underrepresented demographics of young people with globally in demand opportunities for skilled professionals.”
Taltrix’s ambitions extend beyond mere job creation. Mrs. Solape Hammond, CEO Impact Hub Lagos, sees the platform’s potential to tackle Nigeria’s internal migration challenges.
“Taltrix excites me with its potential for nationwide inclusivity,” Hammond stated. “It focuses on building communities everywhere by providing essential infrastructure like power, internet, and engaging young people. This approach can decentralize urban migration, allowing young Nigerians to thrive in their own communities with the resources they need.”
Ola Williams, General Manager of Microsoft Nigeria & Ghana, echoed this sentiment. “Personally, as a Nigerian, I’m thrilled about this. Leading Microsoft here means we can use initiatives like Taltrix to fulfil our mission of enabling everyone on planet earth. We’re eager to partner with Taltrix and deepen the impact the job creation capabilities will have on Nigeria’s economy and the continent at large.”
Joseph Agunbiade, Founder and CEO at Univelcity state that “Univelcity, in collaboration with Taltrix by Tech4dev, is actively advancing the outsourcing of technology talent from across Nigeria. Our operations, firmly established in all six geopolitical zones of the country, enable us to tap into a diverse and rich talent pool. Our vision is to consistently provide A-class talent to meet global demands. Our association with Taltrix stands as a testament to our dedication and confidence in this endeavour.”
Taltrix’s parent company Tech4Dev which was founded in 2016, has directly equipped 120,298 Africans with digital, entrepreneurship, and life skills across 22 countires in Africa.
In the dynamic DeFi market, The Sandbox (SAND), Polkadot (DOT), and Pullix (PLX) emerge as a power trio. While you may be familiar with SAND and DOT as well-established altcoins, PLX is a new ICO in Stage 4 of its presale that could rise by 100x in 2024. Today, we will take a closer look at all of these tokens.
The Sandbox Price Prediction
Recently, the crypto analyst Ali Martinez made a bullish The Sandbox (SAND) price prediction. According to him, The Sandbox crypto has a clear path ahead of $0.55 and may reach $0.90 and $1.35 as a resistance level. The Sandbox price movement increased from $0.49 on December 19 to $0.65 on December 26.
This DeFi coin has recorded 16/30 (53%) green trading days with 10.73% price volatility over the last 30 days. Moreover, its Fear & Greed index rating shows a 71 (Greed) – good bullish signs.
As a result, CoinCodex analysts forecast that The Sandbox price may surge to $0.71 in January 2024. This makes it a good DeFi crypto to keep an eye on.
How High Can Polkadot Go?
After integrating with Unity – the game engine that powers Call of Duty mobile, Polkadot (DOT) has been on a tear. The Polkadot price has increased from $8.08 on December 22 to $9.15 on December 26.
With 28 technical indicators in the green, the sentiment around the Polkadot coin is bullish. Additionally, it’s now trading above its 50 and 100-day EMAs, which suggests a bright future for this DeFi coin.
When making their Polkadot price predictions, experts have taken note of all these factors. They foresee this altcoin’s value jump to $9.88 in January 2024.
As per BIS data, the OTC derivatives market surged to $20.7T by the end of 2022. Pullix (PLX) will tap into this market by introducing a unique DeFi trading platform. This platform will allow you to trade all asset classes (including cryptocurrency) on one account. As a result, Pullix has already gained a competitive edge over traditional trading platforms like Binance, which focuses only on cryptos.
Not only that, but Pullix will combine the best features of both CEX and DEX, providing you with leverage of 1000:1, deep liquidity, and self-custodial portfolio management. The PLX native token will power all of this. This token is the main currency you will use on this trading platform. With its innovative “Trade-to-Earn” model, Pullix will provide you with a percentage of its daily revenue if you stake the PLX token.
Currently, one PLX costs just $0.046 as it is in Stage 4 of its presale. But, because it has already provided early buyers with a 15% ROI – countless individuals are flocking to this crypto ICO event. As a matter of fact, over 7M PLX tokens have been sold already, which has helped Pullix raise $1.6M. This high demand has caused experts to foresee a price surge of 580% before PLX’s presale ends and another 100x growth after it hits exchanges.
If you wish to capitalize on this growth or obtain passive income via staking, reduced trading fees, and more – now is the perfect time to purchase the PLX token. You may even participate in a 2,000 PLX token giveaway that Pullix launched. All you need to do is follow Pullix on X, make a like/repost, and tag three friends. All these aspects make Pullix one of the best cryptos to buy right now.
Conclusion
The Sandbox, Polkadot, and Pullix are all DeFi coins worth keeping on your radar. However, one of them stands out. Unlike SAND and DOT, which have high market caps of $1.3B and $11.5B, PLX boasts a low market cap of $9.2M. This means it would only need $9.2M for its value (and returns) to double. Because of this, Pullix has the potential to become a blue-chip token.
For more information regarding Pullix’s presale see links below:
Meta title: Dominate the DeFi Market with The Sandbox (SAND), Polkadot (DOT) & Pullix (PLX)
Meta description: The Sandbox (SAND)), Polkadot (DOT), and Pullix (PLX) – Discover how each of these tokens is revolutionizing the DeFi market.
Keywords: DeFi market, altcoins, new ICO, The Sandbox price prediction, The Sandbox crypto, DeFi coin, DeFi crypto, how high can Polkadot go, Polkadot, Polkadot price, Polkadot coin, Polkadot price prediction, top DeFi projects, best cryptos to buy
With a few days left before 2023 ends, it has been an exciting ride. Solana (SOL) has been one of the standout tokens, crossing $100 amid an explosive surge. Meanwhile, Ripple (XRP) whales have shifted focus to Meme Moguls (MGLS), hailed as the hottest P2E memecoin.
This post will cover these exciting developments, starting with Solana’s astounding growth. Further, it will explain why Meme Moguls is tipped as the best cryptocurrency investment. Let’s dive in.
Solana (SOL): Crossing $100
What an impressive 2023 Solana (SOL) had! It exploded by over 800% this year, making it the best-performing top altcoin. In the past seven days, Solana crypto has soared by 60%, crossing $100.
The Solana crypto price at the time of this writing is around $110. With a few days left before the end of 2023, SOL is poised to soar through the holiday. Next year is expected to be even more bullish for the blockchain-based token.
According to a conservative Solana price prediction made by a crypto trader on X (formerly Twitter), it will reach $1,000. This price outlook seems more feasible next year, making it one of the best coins to invest in.
Meme Moguls (MGLS): Whales Favorite
Meme Moguls (MGLS) has positioned itself as a favorite among both retail investors and whales. It appeals to investors and enthusiasts for several reasons, including its unique concept, vibrant ecosystem, and astounding growth potential. Therefore, it comes as little surprise that a whopping $900,000 has been raised in the early stages of its fundraising exercise.
Its fascinating approach to crypto has seen it earn shouts of being the best cryptocurrency investment. It combines gaming, trading, and memes—the hottest token at the moment. With the meme frenzy here, this Ethereum-based memecoin is the best cryptocurrency to invest in.
<blockquote class=”twitter-tweet”><p lang=”en” dir=”ltr”>MOGULS!! 🔥<br><br>Are you ready to change the landscape? 🧑🌾 With one of the biggest airdrops of 2024 👀 Get ready!! <a href=”https://twitter.com/search?q=%24MGLS&src=ctag&ref_src=twsrc%5Etfw”>$MGLS</a> Farming. Coming soon… <a href=”https://t.co/9UPUeV5klt”>pic.twitter.com/9UPUeV5klt</a></p>— Meme Moguls (@meme_moguls) <a href=”https://twitter.com/meme_moguls/status/1733077444930703567?ref_src=twsrc%5Etfw”>December 8, 2023</a></blockquote> <script async src=”https://platform.twitter.com/widgets.js” charset=”utf-8″></script>
Further, within its ecosystem, features to anticipate are Moguls World, the Meme Moguls game, and staking. The Moguls World will serve as the metaverse world where users can connect, mine and stake tokens, and join liquidity pools. On the other hand, the unique game will be built around trading, where users will be assisted in their journey to financial freedom.
In the third stage of the presale, a token is priced at just $0.0025. According to experts’ forecasts, it will rally by 55x, which makes it one of the best coins to invest in. If you wish to position yourself for staggering gain, click the link below.
Ripple (XRP): Dwindling Interest?
Ripple (XRP) might be one of the most underwhelming cryptocurrencies this year. It had an unimpressive last quarter, with investors shifting their focus to more promising cryptos. This further contributed to a decline in interest and price.
But will we be seeing an XRP coin bounce back soon? Very likely. As a token that plays a critical role in the crypto landscape—cross-border payments—XRP is expected to soar next year.
Ripple Van Winkle, a crypto researcher, in his XRP price prediction, forecasts a utility boom next year and an impending all-time high. The XRP price today is at $0.64—a great entry point ahead of its anticipated explosive growth.
Conclusion
Solana (SOL) remains the best-performing top altcoin, poised to reach $1,000 in 2024. Meanwhile, another cryptocurrency in the spotlight is Meme Moguls, hailed as the hottest P2E memecoin. Expected to skyrocket, it is one of the tokens you shouldn’t miss out on.
With digital skills predicted to be a requirement for 9 out of 10 jobs in the next decade, lacking these skills may hinder a good portion of approximately 650 million African youths’ global competitiveness. These skills enhance and empower them to contribute to technological advancements in the world and the economic growth of the continent.
Osita Oparaugo is the founder of GetBundi, an education technology (Edtech) platform. In this interview with TechCabal, he discussed his role in addressing Africa’s youth unemployment by empowering them with technology-driven learning opportunities, as well as making quality STEM and digital skills education accessible to African youths at an affordable cost. Excerpts:
Tell us about your background and your journey into the tech industry.
I am a lawyer by profession. I pursued my legal studies at The University of Buckingham in the United Kingdom and was subsequently called to the Nigerian bar. My venture into the tech sphere commenced in 2014, beginning with Footprint to Africa, a media and investments company, followed by Ogelle, Africa’s pioneer user-generated video-sharing platform. Currently, I am actively involved in GetBundi Education Technology, which focuses on STEM and Digital Skills.
As a commercial lawyer operating across Africa, my experiences exposed me to the significant challenges facing the continent, particularly the soaring youth unemployment rates. Upon careful analysis, I consistently arrived at one solution: developing technology-driven solutions that empower young individuals to learn and innovate on a large scale.
What inspired the creation of GetBundi?
My inspiration to launch GetBundi stemmed from witnessing the extraordinary creativity of African youths. I firmly believe that with the right opportunities, African youths possess the potential to become proficient digital natives, capable of leading the global digital transformation.
Unfortunately, the lack of commitment from the continent’s leaders and education stakeholders to promote Science, Technology, Engineering, and Mathematics (STEM) education from the early stages of learning has hindered this progress.
This is precisely why I established GetBundi as an education technology platform specialising in STEM and Digital Skill education.
Our mission is to bolster the post-primary education system across the continent by leveraging technology to make high-quality STEM subjects accessible to every student. Additionally, our Digital Skill courses equip African youths with the essential digital skill sets required to thrive in the modern economy.
How would you describe GetBundi’s mission and vision?
Our mission with GetBundi is to make quality Digital Skills education for the youths and STEM subjects for post-primary school students available across Africa at a highly subsidized fee, and through GetBundi Education Foundation, to support those who are potentially left behind, especially girls, internally displaced students, disabled and the refugees.
Our vision is to be the go-to platform for STEM and Digital Skills education in Africa.
What specific STEM and digital skills does GetBundi focus on?
We have about 1,008 hours of STEM subject audio-visual content covering the entire six years of secondary school education, with 6,000 multiple choice questions, 1000 questions for each year, and 3 years of revision for competitive examinations like WAEC etc.
Quality content created by proficient educationalists using West African syllabus.
Our Digital Skills program is offering courses to African youths aged 18-35 on over twenty (20) digital skill sets like data science, artificial intelligence, web development, motion graphics etc. We target to up-skill 10 million African workforces under our initiative The GetBundi Vision 2034, which aligns with the African Union Agenda 2063.
Can you explain how GetBundi contributes to Africa’s development through technology?
Our platform mitigates the greatest challenges faced by post-primary school students and youths across Africa. Cost, access, and quality. By massifying quality STEM subjects for secondary school students and Digital Skill education for the youths across Africa, we are empowering African youths to lead and commercialize innovation.
The present post-primary education system in Africa is flawed. It doesn’t give the students the right understanding and appreciation of STEM subjects hence they stay away from science-related courses at higher levels of education. That is why not more than 20% of Africans who enter universities each year pursue careers in sciences.
International Finance Corporation (IFC) predicts that there will be about 230 million digital skill job gaps across Sub-Saharan Africa by 2030.
The good news is that with the help of technology, GetBundi will be able to train millions of Africans in various digital skill sets to support the digital transformation of the continent.
Our platform is robustly engineered by one of the best developers in the United States with authentic and original compelling learning courses for post-primary school students and digital skill courses for the youths.
Furthermore, our digital skills training methods curriculum is developed for the tech industry, by the industry to make any student who passes through out institution job-ready. With the ongoing conversation between GetBundi and Auziio consult, representatives of First Genesis Inc, we are confident to provide internet access to millions of Africans even in the remotest areas to access the GetBundi platform.
First Genesis Inc. has two patented solutions Xenese for distributed ledger platform (DLP) and Proto Actor model that breaks down the energy boundaries which makes our platform cheap at scaled-up performance. We are ambitious about Africa’s future in science technology and innovation.
What distinguishes GetBundi from other online educational technology platforms?
GetBundi’s evolution sets it apart. Initially centered around digital skill education in the College of Technology model, we conducted in-depth research. It revealed that the root cause of low-level digital skill sets among African youths is their struggle with STEM at primary and post-primary levels.
We halted our launch to develop high-quality content to support the post-primary school system. Now, we are confident in our transition to science, technology, and innovation studies.
Could you highlight some success stories or achievements of students who have utilized GetBundi?
GetBundi is set to launch officially for commercial use on January 24, 2024. In our 2023 operations and as part of our product introduction, we partnered with the Lagos State Government to support senior secondary school students at Wesley Girls Secondary School in Yaba, Lagos State, Nigeria, during their final year examinations revision.
The testimonials from both students and teachers are available on the platform for everyone to access. Additionally, we successfully trained 500 African women in coding under the GetBundi Education Technology Foundation’s TechSis 2023 initiative, and their testimonials are also accessible on our platform.
What does the future hold for STEM education in Africa?
The future of STEM education in Africa brims with potential for growth and development. By investing more in infrastructure, technology, and teacher training, we can enhance STEM learning opportunities. Collaborating with global initiatives and fostering local innovation will be pivotal in shaping a robust STEM landscape across the continent.
The expansion of STEM education in Africa promises to foster innovation, spur economic growth, and address societal challenges. Efforts to enhance infrastructure, increase access to quality education, and raise STEM awareness are critical steps in nurturing a skilled workforce and driving technological advancements throughout the continent.
What obstacles did you encounter while establishing GetBundi, and how did you surmount them?
We faced a myriad of challenges. Surprisingly, aside from the scarcity of finances, the lack of technical skills among technicians hindered course development (content production), and the difficulty in recruiting high-quality STEM and Digital Skill teachers was a hurdle.
The extensive screening process took more than 6 months to complete. Initially, we intended to exclusively engage African educators, but midway, we opted to incorporate foreign tutors to complement the exceptional educators from across Africa who were part of this journey.
Remarkably, some of our students appreciate the multicultural and multiracial team, benefiting from the expertise each party brings, particularly in fields like web development and artificial intelligence. One of the challenges turned into a silver lining for us.
Could you provide insights into the GetBundi Education Foundation’s role?
The GetBundi Education Foundation is dedicated to supporting those who might otherwise be left behind, such as girls, internally displaced students, disabled individuals, and refugees who may struggle to afford our courses.
Each year, we commit 10% of our earnings to the foundation’s operations and welcome donations, collaborations, and support from organizations aiming to make a significant social impact in STEM and Digital Skills education development throughout Africa.
How crucial is it for African youth to acquire digital skills in the modern world?
Acquiring digital skills is paramount for African youth in today’s world as it enhances employability, fosters innovation, and drives economic development. In the rapidly evolving digital landscape, work dynamics are shifting due to digital advancements.
With digital skills predicted to be a requirement for 9 out of 10 jobs in the next decade, lacking these skills may hinder African youth’s global competitiveness. These skills empower individuals to navigate the global job market and contribute to the continent’s digital transformation, playing a pivotal role in shaping Africa’s socio-economic future.
Some research predicts that in the next decade, 9 out of 10 jobs will require digital skills. Without these skill sets, African youth may struggle to compete globally, despite their numerical advantage.
Digital skills empower individuals to navigate the global job market and contribute to the digital transformation of various industries, ultimately playing a pivotal role in shaping the future of Africa’s socio-economic landscape.
In recent years, Nigeria has witnessed a significant surge in migration, with many of its citizens seeking opportunities abroad. This wave of migration, while promising better prospects for individuals, also highlights the importance of efficient financial solutions to enable seamless remittance processes. Among the key players facilitating this financial bridge is TransferGo, a platform that has emerged as a beacon for Nigerian migrants looking to send money home swiftly and securely.
Nigeria, with its vibrant culture and growing economy, has seen a substantial portion of its population migrating to various parts of the world, popularly known as ‘The Japa Syndrome’. Whether driven by the pursuit of education, job opportunities or the desire to support families back home, Nigerians have become a prominent presence in the global diaspora. As these individuals build new lives abroad, the need for a reliable and efficient means of sending money to their loved ones becomes paramount.
Despite the global interconnectedness, the process of remitting money to Nigeria has often been riddled with challenges. Traditional banking channels are notorious for their high fees, lengthy processing times and fluctuating exchange rates, leaving migrants frustrated and dissatisfied. Additionally, stringent regulatory requirements can pose obstacles, making it imperative for migrants to find alternative solutions that align with their needs.
TransferGo: Revolutionising Remittances for Nigerian Migrants Here’s how TransferGo is making a difference:
Low transaction fees:
TransferGo stands out for its transparent fee structure. Unlike traditional banks that levy exorbitant charges, TransferGo offers competitive and affordable transaction fees, ensuring that migrants get more value for their hard-earned money.
Fast and secure transactions:
Time is of the essence for many migrants, especially when their families depend on timely financial support. TransferGo facilitates swift transactions, ensuring that funds reach their destination promptly. The platform employs robust security measures to safeguard sensitive financial information, providing users with peace of mind.
Favourable exchange rates:
Exchange rates can significantly impact the amount received by beneficiaries. TransferGo offers favourable exchange rates, minimising the loss incurred during currency conversion. This ensures that migrants can make the most of their remitted funds.
User-friendly interface:
Recognising the diversity of its user base, TransferGo has developed an intuitive and user-friendly interface. This accessibility is crucial, particularly for migrants who may not be well-versed in complex financial transactions.
Regulatory compliance:
TransferGo adheres to strict regulatory standards, navigating the complexities of international money transfers with compliance and integrity. This commitment to regulatory guidelines instils confidence in users, assuring them that their transactions are in safe hands.
Amid Nigeria’s significant wave of migration, TransferGo emerges as a vital ally for those seeking to support their families and loved ones back home.
“By offering a reliable, affordable and efficient platform, TransferGo is not only facilitating financial connections but also contributing to the broader narrative of global migration by empowering individuals to thrive in their new environments while staying connected to their roots”, says Bamiyo Awonusi, Country Brand Marketing Manager of TransferGo.
As Nigeria continues to play a crucial role in the global diaspora, TransferGo’s commitment to providing seamless remittance solutions positions it as a catalyst for positive change in the lives of countless Nigerian migrants and their families.
In 2023, high interest rates caused global equities to fall, depreciating emerging market currencies and slowing global growth. Military conflicts reached the highest level since the Cold War, affecting capital markets. In this article, Octa analysts take readers back to the events of 2023 and explain the underlying patterns along the way.
In 2023, the economic situation was primarily influenced by inflation, remaining above the targets set by policymakers. Given the harmful nature of elevated inflation, central banks pursued aggressive monetary policies.
This led to a substantial decline in interest rate-sensitive government bonds and equities of companies in cyclical sectors of the economy. The only exception in 2023 was oil and gas stocks, which showed a positive trend on the back of steadily high energy prices.
This uneven decline paints the 2023 financial markets in gloomy colours. However, the overall situation is not so bad if we look more globally.
Not a recession, but a return to normality
In 2023, the global economy is still reeling from the effects of the unprecedented economic stimulus undertaken during COVID-19—it was one of the biggest jumps in real GDP and inflation in history. Not surprisingly, after such a massive boom, the economy began to cool down while showing a decline in real GDP growth.
’A 2–4% drop in real GDP growth amid rising inflation is associated with the economy slowdown. However, if we start with nominal growth rates over the last decade, the decline in the previous two years has only returned nominal growth to the norm,’ said Kar Yong Ang, Octa’s financial market analyst.
’The slowdown to normal growth rates inspires confidence that a recession will be avoided. However, the ongoing decline is likely to persist for at least the next six months, and it remains to be seen whether a soft or hard landing lies ahead, but it is certainly close at hand,’ added Kar Yong Ang.
U.S. macroeconomic performance as a trigger
High inflation and unemployment rate, the usual precursors of recession, are nowhere to be seen, which is not typical for an economic slowdown. The inflation marker is more or less clear—it has been on a downward trend for over a year and a half. The employment rate is a bit more complicated.
Changes in labour costs are mainly determined by cyclical sectors of the economy, which, as we said earlier, have experienced a severe decline. When a company’s cash flow remains positive, the employment rate remains high. Reducing revenue for cyclical companies leads to cost optimisation—like reducing aggregate weekly working hours and the number of employees. A decline in consumer wage income similarly leads to reduced consumer activity.
It turns out that employment is sensitive to changes in corporate revenues: the less companies earn, the more likely they are to reduce the number of employees and their working hours. Hence, there is an intense focus on employment, hours worked, and manufacturing survey metrics—all aimed at deciphering clues about the outlook for the economy, profits, and risk assets.
In the second half of 2023, the number of jobs created each month has been declining. This trend is consistent with the continued slowdown in GDP. The weakening labour market is beginning to manifest itself in rising delinquencies, lower demand for credit and more bankruptcies. These trends usually lead to a recession, so financial markets are pinning their hopes on the Fed to implement stimulative monetary policy before that happens.
It all comes down to interest rates
At the end of the third quarter, many investors expected that global interest rates had peaked and could fall in the coming quarters. However, no miracle happened: central banks chose a wait-and-see tactic in the second half of 2023, making infrequent adjustments to their monetary policies.
Source: Central Banks statements.
Many major economies remained at the end of the rate hike cycle and the beginning of a new business cycle. The U.S. economy proved less sensitive to interest rates and was able to withstand monetary tightening: we saw moderate growth in business activity with few exceptions. Soft Chinese growth was possible due to the strategy of rate cuts and expansion of economic stimulus against the backdrop of the not-very-successful China reopening at the beginning of the year. Europe, in turn, lost momentum on the back of a manufacturing slowdown and rising oil prices.
Gold rose to an all-time high in 2023
After two unremarkable years, gold rose 171.88 %/oz t or 9.42% since the start of the year, hitting an all-time high of August 2020 by closing at 2,071.95 %/oz t on 1 December.
‘Investors’ expectations have played a key role in driving gold prices higher in late 2023 as investors become uninterested in falling bond and equity yields amid the continued sharp slowdown in U.S. inflation and in response to the Federal Reserve’s recent decisions to refrain from raising interest rates,’ said Kar Yong Ang, Octa’s financial market analyst. Lower expected returns on cash are forcing investors to look for better alternatives. Also, he added that when interest rates fall due to an economic downturn or recession, equities may struggle to provide positive returns.
Gold ultimately serves as a hedge against economic risks and fears, offering a unique diversification quality to investors’ portfolios as it is not correlated with bonds and equities. Judging by the momentum, the price momentum at the end of 2023 is an emerging trend for 2024.
Impact of geopolitical tensions on different assets
According to the Uppsala Conflict Data Programme research, 2023 has become the most conflict-prone year since the Cold War. The list includes not only the armed conflict in Ukraine and Gaza but also the confrontation between Armenia and Azerbaijan in Nagorno-Karabakh, the actions of Serbian security forces in Kosovo, the fighting in Eastern Congo, the conflict in Sudan that started back in April, and the fragile truce in Tigray, which Ethiopia seems likely to break at any moment. The situation in Syria and Yemen during this period has hardly been calm either, with gangs and cartels posing a constant threat to governments in South and North America, most notably in Haiti and Mexico. And all this is not counting the war that could break out in East Asia if China invades the island of Taiwan. We see all the conflicts cascading.
Such large-scale fighting always leads to multipolarity and disorder, which creates supply shock. Conflicts scare investors away from intangible asset classes such as local fixed-income instruments (local bonds) in favour of more tangible ones— energy (oil, uranium, gas), metals (for example,. lithium), fertile land per se and technology (chips, AI, cybersecurity, green energy, biotech, and others).
The dynamics of currency values also clearly demonstrated the impact of conflicts. Thus, in countries where these conflicts occur, currencies fell in value: USDRUB +32.41% YtD, USDTRY +54.86% YtD. In countries observing nearshoring effects (capital and technology spillover), the currency strengthened (for example, USDMXN –10.94% YtD). Some local currencies were destroyed by inflation and central bank quantitative teasing (USDJPY +12.38% YtD).
2023 was not a calm year—it was filled with challenges and complex geopolitical stories that kept much of the world’s population on edge. World Central Banks tried to mitigate the adverse effects of the events of 2022 and 2023 by fine-tuning their economies. We continue to see a tense world at the juncture of the years, and there was no resolution this year.
Octa is an international broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and various services already utilised by clients from 180 countries with more than 42 million trading accounts. Free educational webinars, articles, and analytical tools they provide help clients reach their investment goals.
The company is involved in a comprehensive network of charitable and humanitarian initiatives, including the improvement of educational infrastructure and short-notice relief projects supporting local communities.
Octa has also won over 60 awards since its foundation, including the ‘Best Educational Broker 2023’ award from Global Forex Awards and the ‘Best Global Broker Asia 2022’ award from International Business Magazine.
The meme crypto coin Bonk (BONK) recently made headlines with its impressive performance, nearly doubling in value within 24 hours. Amidst this remarkable growth, holders of Ethereum (ETC) and Avalanche (AVAX) have shown a keen interest in acquiring tokens of the emerging presale gem, Pullix (PLX).
Bonk’s (BONK) Spectacular Market Surge
Bonk (BONK), initially designed as a meme coin within the Solana ecosystem, has achieved an explosive growth of nearly 100% in just 24 hours, its volume reaching $1.5 billion. This unexpected upsurge can be attributed to several strategic factors.
Firstly, the listing of Bonk on prominent cryptocurrency exchanges like Coinbase played a crucial role, substantially increasing its visibility and investor appeal. Such listings often confer a sense of legitimacy and attract significant trading activity. Additionally, Bonk’s adoption within the Solana ecosystem, where it’s used for transactions involving non-fungible tokens (NFTs), has further bolstered its market position.
Despite a decline in its trading volume, Bonk’s performance has notably outshined other major meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB), indicating a strong market presence and growing investor interest.
Ethereum’s (ETH) Impressive Yearly Growth
Ethereum (ETH), a leading player in the cryptocurrency market, has exhibited a remarkable performance over the past year, with its value soaring by 82.51%. Currently priced at $2,213.49, Ethereum has cemented its position as a dominant force in the crypto world.
This significant increase can be attributed to several key developments in the Ethereum ecosystem. Most notably, the much-anticipated upgrade to Ethereum 2.0, aimed at improving scalability and energy efficiency, has been a major factor driving investor confidence and market growth. Additionally, the widespread adoption of decentralized finance (DeFi) and non-fungible tokens (NFTs), both predominantly built on the Ethereum blockchain, has further fueled Ethereum’s market ascension. Ethereum’s robust performance underscores its vital role in the broader crypto landscape and its potential for continued growth and innovation.
Avalanche’s (AVAX) Steady Week-long Climb
Avalanche (AVAX), a burgeoning star in the cryptocurrency market, has witnessed a significant increase of 17.77% over the past week, with its current value reaching $42.88. This uptick reflects Avalanche’s growing prominence and resilience in the highly volatile crypto market.
The platform, Avalanche, known for its high throughput and scalability, has been steadily gaining traction among developers and investors alike. In particular, for Avalanche’s efficient processing of decentralized applications (dApps) and smart contracts. This recent surge in price could be linked to the increasing adoption of Avalanche’s technology and the expansion of its ecosystem, including collaborations and integrations within the decentralized finance (DeFi) sector.
Avalanche’s performance over the last seven days not only highlights its potential as a strong competitor in the blockchain space. It also underscores the market’s appetite for innovative and efficient blockchain solutions, which Avalanche demonstrates.
Pullix: The Crypto Trading Landscape’s Newest Invention
Pullix, an innovative trading exchange, is poised to reshape the cryptocurrency trading world by bridging the gap between decentralized and centralized exchanges. With its upcoming launch, Pullix aims to tackle one of the most persistent issues in the DeFi space – liquidity. By providing a unified platform, Pullix makes it simpler for users to access liquidity and engage in global asset trading more seamlessly.
This groundbreaking approach not only addresses liquidity challenges but also ensures enhanced security, reflecting the adage “Not your keys, not your coins.” Pullix stands out by allowing users to maintain custody of their assets, combining the security features of centralized exchanges with the autonomy of decentralized platforms.
In terms of liquidity provision, Pullix introduces a unique incentive model. By encouraging users to contribute liquidity, the platform ensures better rates and enhanced market competitiveness. Such features are expected to drive user growth and increase the demand for PLX tokens.
A notable feature of Pullix is its deep liquidity, achieved through partnerships with tier-1 banks and community staking of cryptocurrencies like ETH and Bitcoin. The platform also offers up to 1000:1 leverage for margin trading across various asset classes.
For more information regarding Pullix’s presale see links below:
Having recently hit a milestone of $500k raised during its presale, Meme Moguls is becoming the next big hit in the DeFi space. This exciting new project combines memes with P2E earning opportunities to create the ultimate gaming experience. Now, with the Bitcoin price consolidating, experts believe that Meme Moguls could offer significantly higher returns than many of the market’s top altcoins.
Bitcoin Pushes On $44,000 After New Ecosystem Launch
Bitcoin has experienced significant price fluctuations over the last week. After falling to $40,670 many experts believed that the recent Bitcoin bull run had come to an end. However, a recent announcement from TrustlessLabs has triggered an additional Bitcoin surge.
TrustlessLabs is launching the Bitcoin Bitcoin Ecosystem Phase One Fund. This $10 million initiative is designed to support future innovation and development within the Bitcoin ecosystem. In particular, it will focus on projects developed to redefine Bitcoin technology and applications. While in early development, experts speculate that this project could take Bitcoin’s importance within the DeFi market to new highs, allowing it to become more than a “gold” investment.
Over the next year, the fund will empower entrepreneur networks around the world, offering financial resources as well as coaching and support to groundbreaking Bitcoin projects. It also aims to create a collaborative community that actively focuses on Bitcoin’s challenges, allowing the cryptocurrency to reach its full potential.
Since this announcement, Bitcoin’s value has increased to $43,563.64, and its daily trading volume spiked to $24 billion.
Meme Moguls Presale Passes $900k Target
While experts discuss what’s next for Bitcoin, Meme Moguls has passed a new target during its presale. After quickly selling out its first presale round, Meme Moguls has raised $930,000 and is on track to sell out stage two before the end of the year. This has created hype among Meme Moguls investors, as not only will the value of $MGLS increase, but one active investor will also win $10,000 after each stage sells out.
Meme Moguls introduces the world’s first DeFi game that combines investing and memes. Players will be able to interact in a unique meme-based marketplace, learn new investing strategies, and ultimately build their own wealth.
The game will introduce a virtual stock market where players can invest $100,000 in virtual funds to test new strategies. Alternatively, they can buy assets in a meme market to build a unique portfolio.
A key focus of the Meme Moguls ecosystem will be its community. Developers aim to create a place for investors to discuss current market trends, share strategies, and build up their investing knowledge. They will also be able to compete in tournaments, win lucrative rewards, and become ranked in the games Wealth Leaderboard.
Meme Moguls (MGLS) tokens are currently selling for $0.0025 per token. According to experts, if Meme Moguls continues to grow at its current rate $MGLS could reach $0.19 in 2024, which would make this meme-based project one of the most profitable investments in the DeFi space.
For more information about the Meme Moguls (MGLS) presale:
In an era where technological advancement dictates the job market’s landscape, addressing the evolving skill requirements is crucial. Steamledge, under the visionary leadership of Ahmad Aminu Idris, an education-technology innovator, is spearheading a groundbreaking initiative set to redefine technology education in Nigerian schools. The Steam Schools initiative is poised to equip students aged 6 to 18 in public and private primary and secondary schools with essential technology skills, setting the stage for a highly skilled future workforce.
Ahmad Aminu Idris, a 31-year-old entrepreneur, and a staunch advocate for Science Technology Engineering and Mathematics (STEM) education, is the brain behind Steamledge Limited. This education and technology company focuses on delivering STEM education across Nigerian schools and developing innovative software products for digital scaling in businesses and organizations.
Ahmad’s journey in nurturing young minds began ten years ago as an entrepreneur and technology education enthusiast. He has actively supported projects that offer early access to technology education, particularly in children’s formative years. Currently serving as the co-founder and CEO of Steamledge Limited, Ahmad is committed to empowering future generations with essential technology skills. His extensive involvement spans various educational capacities. Ahmad (through Steamledge Limited) has mentored over 85000 students in both public and private primary and secondary schools across four states and guided over 1000 undergraduate students across three higher institutions in Nigeria within the last five years.
Recognizing the pressing need to bridge the gap between traditional education systems and the demands of the evolving job landscape, the ‘100-School STEAM Challenge’ was conceptualized. This initiative, a collaborative effort between the United Nations Development Program and Steamledge, aims to mentor 150 students annually in 100 schools across every Nigerian state. Over four years, it targets a reach of 40,000 students, with a focus on equipping 200 beneficiaries per state with internships, mentorship, and digital employment opportunities within the technology domain.
Ahmad emphasizes that the program’s core objectives revolve around nurturing students with digital and technological skill sets, providing career mentorship, capacity-building for teachers, and establishing STEM clubs in participating schools. The initiative promises a comprehensive curriculum covering robotics, coding, creative arts, AI, and game development, ensuring a holistic learning experience for students.
The Steam Schools Initiative stands as a testament to Ahmad’s dedication to fostering a generation equipped with indispensable technology skills. Through this ambitious initiative, Steamledge aims to lay the foundation for a highly skilled and technologically adept workforce, ensuring a brighter future for Nigerian youth in the ever-evolving world of technology.
Celia, the emerging force in the African cryptocurrency landscape, is swiftly establishing itself as the continent’s preferred exchange. Driven by a mission to democratize access to crypto and empower everyone, Celia is constructing a platform that seamlessly aligns with the unique needs and aspirations of the African market.
Celia Exchange, the cryptocurrency platform, seeks to provide a secure and user-friendly space for buying, selling, and trading digital assets. Dedicated to becoming Africa’s favored crypto exchange, it is at the forefront of advancing all things Crypto on the continent.
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Fueled by the Celia Token (CELIA), serving as the platform’s foundation, Celia offers token holders exclusive features and discounts. Prelaunch in February 2023 by the Afula Brothers, Emmanuel Afula (CEO) and Favour Afula (CTO), the exchange boasts over 1.4 million registered users and 300,000 PlayStore downloads, with over 43 million CELIA tokens distributed during this stage.
The CEO, Emmanuel Afula has confidently declared on his personal Twitter account, “Celia Exchange will be the leading Crypto Exchange in Africa and one of the top 10 globally.” The roadmap for Celia includes community building, a public sale, and the official launch of the exchange platform.
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Key Highlights:
Focused on the Needs of the African Community:
Accessibility: Recognizing that mobile internet is the primary access point for most Africans, Celia’s platform is designed to be lightweight and efficient, ensuring a smooth experience even on low-bandwidth connections.
Localization: Acknowledging the diversity of languages and currencies across Africa, Celia offers localized interfaces and supports multiple African currencies for trading pairs.
Education and Support: Understanding that crypto can be intimidating for beginners, Celia addresses this by providing user-friendly educational resources and fostering a robust community for mutual learning and support.
Solving Real Problems for Crypto Users in Africa:
Maximizing Earnings: Celia boasts competitive fees (0.1-0.3%) compared to the industry standard of 2%, significantly reducing trading costs. Additionally, users can earn more through the use of the native token, Celia Token (CELIA).
Unbreakable Security: Prioritizing user safety, Celia ensures a rigorously tested and secure platform developed by experts with extensive experience in financial security protocols.
Customer Service You Can Trust: Recognizing the importance of responsive and informed customer service, Celia’s team is committed to addressing user needs promptly and efficiently.
Building a Robust Market: Celia tackles liquidity challenges by partnering with major exchanges, miners, and traders, ensuring a deep and active order book for a seamless trading experience.
Scalability for the Future: Built on a robust and scalable architecture, Celia is prepared to handle increased traffic and demand as the platform grows.
Claim Celia Token Airdrop:
As Celia gears up for its official launch on September 30th, 2024, you can sign up to be among the first to claim Celia Token (CELIA)! Register on the Website or App to be part of this groundbreaking platform and contribute to shaping the future of crypto in Africa.
In what could be described as the biggest development in the Nigerian crypto industry for 2023, the Financial Policy & Regulation Department of the Central Bank of Nigeria (CBN) has announced in the late hours of Friday, a lift on the ban placed on crypto transactions in the country’s financial system.
Recall that in February 2021, Nigeria’s apex financial regulator issued a restriction on banks facilitating transactions with crypto-related entities. This ban was a setback for the burgeoning Nigerian crypto community which hitherto allowed deposits and withdrawals for crypto/fiat with bank accounts.
Despite the events that have transpired in the past year – especially with the launch of the National Blockchain policy in May 2023 – the ban was still in place until December 22, 2023, when the CBN announced through a circular that it was lifted.
With the release of this circular, crypto investors in Nigeria will be able to process crypto-based transactions via their bank accounts, making it much easier for them to trade and transact with digital assets across exchanges and payment services.
In view of this highly significant development, one of the leading crypto exchanges in the African crypto industry, Quidax, has announced free bank account deposits and withdrawals to customers.
Effects on the ban on crypto trading in Nigeria
When the unpopular policy was put in place in February 2021, many Nigerian companies had to go under the radar, either moving their operations out of the country or shutting down entirely. On the other hand, others, such as Quidax, were forced to innovate in a bid to maintain their operations and keep their customers.
An executive at Quidax said they understood the enormity of the challenge but were up to the task:
“It rested on us to conduct business in a manner that still met global best practices despite the regulatory hurdles.”
Speaking on the relaxing of the restriction, the executive said it is a welcome move for the industry and will no doubt bolster crypto adoption in Nigeria.
“We’re ready to foster an enabling environment for cryptocurrency trading while we remain committed to helping spread its adoption nationwide.”
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Quidax Launches Free Deposits & Withdrawals As Nigeria’s Crypto Transaction Ban Is Relaxed
With the ban now relaxed, Quidax is looking to celebrate by providing free bank account deposits and withdrawals to old and new customers for the next 30 days, starting from December 24, 2023.
What this means is that Quidax’s customers will be able to enjoy free transactions using their bank accounts on the exchange platform.
The Quidax executive said the company could maintain operations even amid the CBN crypto ban. Now that the ban has been relaxed, Quidax is opening doors to even more customers and would like to give them more value.
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“With the holiday period kicking into full gear, this is our gift to Nigerians.”
To begin, customers can create their accounts on Quidax via the mobile app or web (for new customers ) or sign in (for existing customers). As long as a customer performs the necessary identity verification processes, they will be able to make free deposits and withdrawals using their bank accounts for the next 30 days.
The Lagos-based exchange, which recently celebrated its fifth anniversary, has been on an expansion spree. And, with the CBN restrictions now being relaxed, the exchange appears poised to capitalise.
Platnova, the trailblazing financial platform empowering users with seamless global transactions through multi-currency wallets, proudly announces the achievement of over 50,000 users in the year 2023.
In celebration of this remarkable milestone, Platnova is delighted to reward users with a 1% discount on all transactions, enhancing their financial experience and savings with every transaction.But that’s not all – Platnova is taking innovation to new heights with the introduction of the Refer and Earn feature. Users now have the opportunity not just to use the app, but to earn money effortlessly on the go by referring friends and family. Simply share the referral code, have them sign up, complete three refill/gift card transactions, and voila! Watch the rewards roll in.
As a forward-thinking company committed to the ease and convenience of our users, Platnova has grand plans for 2024. Prepare for the launch of Platnova Business, a game-changer that will provide businesses and merchants with access to receiving payments across 30 multi-currency wallets, 300 cryptocurrencies, and much more.
And there’s more excitement on the horizon – introducing Platnova POS devices, set to revolutionize global payment acceptance. Businesses can now accept payments securely and seamlessly on a global scale.
Platnova continues to lead the way in shaping the future of finance with a commitment to innovation and user-centric solutions. As we look ahead to 2024, join us on this thrilling journey of financial possibilities.
About Platnova
Platnova is a visionary financial company that enables users to send and receive money globally through multi-currency wallets. With a focus on innovation and user convenience, Platnova is redefining the landscape of financial services. Learn more at https://platnova.com/.
OPay, recently lauded by the World Economic Forum for its role in financial inclusion, has been crowned the winner of the Consumer Choice Award for Best Fintech in 2023 by the prestigious Advertisers’ Association of Nigeria (ADVAN). This recognition reinforces OPay’s unwavering focus on customer satisfaction, industry-leading innovation, and its vital contribution to shaping the Nigerian fintech landscape.
ADVAN, a revered authority in the Nigerian marketing landscape, serves as the sole collective voice for major advertisers in the country. Founded in 1992, the association has spearheaded the advancement of the marketing industry by promoting global best practices, fostering collaboration, and advocating for ethical marketing principles. Boasting over 70 of the nation’s largest organizations representing more than 200 brands with an annual marketing spend exceeding N200 billion, ADVAN’s reach and influence are undeniable.
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Importantly, ADVAN is itself a member of the World Federation of Advertisers (WFA), a global body representing brands and marketing associations in over 60 countries. This affiliation underscores ADVAN’s commitment to international standards and collaboration, and further enhances the prestige of the Consumer Choice Award. In regards to this, OPay demonstrates its unwavering commitment to international standards and collaboration. OPay emerged as the winner of the award after a meticulous screening and selection process by ADVAN. This recognition from ADVAN signifies not only consumer trust in OPay but also its significant contributions to the Nigerian fintech landscape.
The Consumer Choice Award serves as a powerful testament to OPay’s relentless pursuit of customer-centric innovation. By prioritizing user needs and offering a comprehensive suite of financial services, OPay has empowered individuals and businesses across Nigeria. This award further validates OPay’s impact on the lives of tens of millions of users and its commitment to creating a more inclusive, accessible, and thriving digital economy in Nigeria and beyond.
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“We are incredibly honored to receive this prestigious recognition from ADVAN,” said Mr. Adekunle Adeyemi, Head of Marketing, OPay. “This award is a true reflection of our commitment to providing innovative and user-friendly solutions that address the evolving needs of our customers. We are grateful for the trust our users have placed in us and remain dedicated to delivering exceptional service and empowering individuals and businesses through the power of mobile money and digital payments.”
With this award, OPay reaffirms its position as a leading force in the Nigerian fintech industry and reaffirms its commitment to driving positive change and fostering sustainable economic growth. OPay remains dedicated to partnering with its users to build a brighter future for Nigeria and Africa.
About OPay
OPay was established in 2018 as a leading financial institution in Nigeria with the mission to make financial services more inclusive through technology. The company offers a wide range of payment services, including money transfer, bill payment, airtime & data purchase, card service, and merchant payments, among others. Renowned for its super-fast experience and reliable network, OPay is licensed by the CBN and insured by the NDIC with the same insurance coverage as traditional banks.
Technology is playing a pivotal role in breaking barriers and ensuring Africans have access to global standard services, and thanks to Wellahealth, healthcare is no different.
Wellahealth stands out, emerging as one of the top tech platforms for over 2000 pharmacy partners across Africa. With a commitment to transforming healthcare delivery, Wellahealth is making significant strides in bridging the gap between pharmacies, healthcare providers, and patients.
Wellahealth’s impact is clear in the modernised operations of pharmacies across the continent. Their platform allows pharmacy partners access to advanced tools for inventory management, fulfilment management, claims processing, and chronic disease management etc., to serve over 200,000 customers in Nigeria alone.
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This not only enhances the efficiency of these pharmacies but also contributes to an improved overall healthcare ecosystem as Wellahealth has paid out over 1 billion Naira to their partnering pharmacies impacting up to 30% of generated revenue.
Wellahealth’s commitment to augmenting access to healthcare services is a testament to its impactful presence. Their technology ensures the seamless availability of critical medication and health products by creating a network that links pharmacies to a diverse range of patients. This becomes particularly transformative in underserved and remote regions where conventional healthcare access has historically been constrained.
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Earlier this year, the health technology startup organised its first ever HMO Roundtable with thought leaders and players in the healthcare sector including Health Maintenance Organizations, Community Pharmacies, Pharmaceutical Manufacturers etc. The company has continued on a path to help build a sustainable relationship.
“Before Wellahealth, we struggled with getting customers that are not within walking distance of Hanwill Pharmacy, Lagos Office. After joining the partnership, we quickly saw over a million Naira revenue, in a short period, just from Wellahealth”, Ekomobong Hanson, Hanwill Pharmacy’s CEO, a Wellahealth Partner Pharmacy shared. “Today, most of those customers are regular walk-in customers”.
Similar testimonies have been shared by founders and staff pharmacists at OSBUD Pharmacy, Alpha Pharmacy, Nett Pharmacy, and FountainMed Pharmacy. For Nett Pharmacy, they were awarded the first Patient Safety Award in 2022 for their role in collaborating efficiently with other health professionals and doctors to ensure a patient got the right prescription.
Wellahealth goes beyond mere connectivity by ushering in a digital transformation for pharmacies. The platform enables these healthcare providers to embrace technology seamlessly, empowering them to offer online consultations, digital prescriptions, and home delivery services. This not only caters to the changing demands of consumers but also positions pharmacies at the forefront of modern healthcare practices.
“Community pharmacies are the closest to the general public in Africa. You can find them everywhere. In fact, they are the first point of contact for most homes.” Dr Ikpeme Neto, Wellahealth’s Founder and CEO shares. “At Wellahealth, we believe that by empowering pharmacies with tools, training and technology, we’d help them become professional and better serve the tens of thousands of patients we sent to them monthly and the general public”, He added.
It is deeply rooted in the communities it serves. By strengthening the capabilities of pharmacies, the platform becomes a catalyst for positive health outcomes. Patients experience improved access to medications, timely healthcare advice, and the convenience of remote consultations – with more than 600,000 prescriptions dispensed, all contributing to a healthier and more resilient society.
As one of the top tech platforms for pharmacy partners, Wellahealth is helping shape the future of healthcare in Africa. The fusion of technology with traditional pharmacy services not only meets the present demands but also lays the foundation for a more robust and responsive healthcare system for years to come.
“Our vision is clear: bring healthcare to the doorsteps of every home in Africa. Wellahealth’s Pharmacy Operations team plays a vital role in achieving this by combining local community knowledge and key partnerships like the Association of Community Pharmacies of Nigeria. Through our products like the Wella Partner App, tools for chronic disease management and customer engagement like Wella Engage, and training, we have brought huge returns for pharmacies, better health management for patients and exciting outcomes for our HMO partners. We are confident in the success of pharmacies, bringing us closer to our mission.” – Joseph Okoroafor, Wellahealth’s Marketing Executive
By empowering pharmacies with technology, Wellahealth is not just facilitating transactions; it is fostering a healthcare system that prioritises accessibility, efficiency, and community well-being.
As Wellahealth continues to expand its reach, the team is ready to play a role in reshaping the narrative of healthcare in Africa.
In a resounding acknowledgment of his exceptional leadership and outstanding contributions to the financial technology sector, Dr. Agada Apochi, the Managing Director of Unified Payments, has been honored with the “Payment Industry Legend Award” by the Committee of E-Business Industry Heads (CeBIH).
“The Payment Industry Legend Award” is a testament to Dr. Apochi’s exceptional achievements and leadership in transforming the payment landscape. CeBIH, known for its commitment to recognizing excellence, selected Dr. Apochi for his unparalleled contributions that have significantly shaped and advanced the financial technology landscape in Nigeria.
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Under Apochi’s visionary guidance, Unified Payments has achieved remarkable milestones, including pioneering the issuance and acceptance of EMV Chip+PIN cards in Nigeria, which led to a reduction of card fraud in Nigeria by over 95%, enabled Nigerian banks to issue first-ever payment cards to Naira account holders for use globally. Introduced the first-ever acceptance of foreign cards at ATMs, a joint acquiring company for Nigerian banks. The company was also the first, EMV third party processor in Nigeria, first processor in Sub-Saharan Africa to process payment or withdrawal with just phone number. First Nigerian principal member of a global payment scheme. Unified Payments also pioneered multi-bank mobile application and USSD (Unstructured Supplementary Service Data) and the use of telephone numbers as digital account numbers. Just to mention a few among several feats achieved by Apochi over the years.
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His strategic vision and commitment to excellence have not only propelled Unified Payments to new heights but have also positively impacted the broader financial technology industry in Nigeria.
Unified Payments, under the dynamic leadership of Dr. Apochi, has played a pivotal role in shaping the financial technology sector in Nigeria. The company’s initiatives, such as the launch of the Payattitude multi-bank App, Payattitude USSD Code *569#, Pay-with-phone-number, Payarena, and Hope PSBank, a digital bank with focus on financial inclusion have not only set benchmarks for excellence but have also contributed significantly to the growth and development of electronic transactions and payments in the country.
Dr. Agada Apochi, receiving the award had this to say “I am deeply honored to receive the ‘”Payment Industry Legend Award” from CeBIH. This recognition is a testament to the hard work and dedication of the entire Unified Payments team. Be assured that we remain committed to driving innovation and excellence in the financial technology space.”
Celestina Appeal, Chairman, Committee of E-Banking Industry Heads (CeBIH) added, “CeBIH is proud to honor Dr. Agada Apochi for his exemplary contribution to the payment industry. His visionary leadership has set a standard of excellence that inspires the entire e-business community in Nigeria and Africa.
Unified Payment Services Limited is Nigeria’s premier financial technology service provider, with a group of companies in Financial Technology, Payment Scheme (Payattitude) Banking (Hope PSBank), Digital Commerce, Value Added Service, Payment Solutions (Payarena) and Software Solutions (TM30).
Leading fintech company PalmPay has launched a new security in-app version that mandates all new users to input their BVN or NIN numbers before a wallet can be created.
The product launch is in response to the Central Bank of Nigeria’s recent directive on promoting financial system stability by strengthening the Know Your Customer (KYC) procedure for customers.
Speaking on the upgrade, Chika Nwosu, Managing Director, PalmPay, welcomed the CBN directive on all existing and new users having BVN or NIN.
According to Mr Nwosu, “We are committed to ensuring compliance and fostering a secure financial ecosystem.
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“As a forward-thinking fintech platform, we believe that this measure will enhance the overall security of users’ wallets and the protection of users’ data while providing seamless financial services.
“Through various in-app activities, we have always encouraged our users to link their wallets with their BVN or NIN. We are fully aligned to drive the new Directive.”
Operating under the Mobile Money Operator license, PalmPay’s wallet opening process requires that new users have to provide their NIN or BVN number.
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Also, to limit incidents of impersonation, after the successful input of the NIN or BVN, users will be required to proceed to the face recognition process.
“In all of this, we believe this measure will reduce fraudulent activities and provide a safe banking environment for all,” Mr Nwosu added.
We encourage users to update their KYC information on the app to ensure compliance with the Directive.
GCR Ratings (“GCR”) has affirmed MyCredit Investments Limited’s (trading as ‘FairMoney’) Nigerian national scale long-term and short-term issuer ratings of BBB(NG) and A3(NG) respectively.
The rating agency explained that FairMoney was rated on the basis of its strong cash flow generation and liquidity coverage, specifically noting that “The assigned ratings are supported by FairMoney’s strong cash flow generation and liquidity coverage, as well as modest gearing”.
FairMoney maintains a diversified funding base and adequate liquidity. According to GCR, “The company’s funding sources are diversified and include retail, corporate and high net worth individuals”. GCR also added “Overall, we think improved access to diverse sources of funding is beneficial to the liquidity assessment of the company”.
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FairMoney’s Managing Director, Henry Obiekea, who commented on the ratings said, “GCR’s affirmation of FairMoney’s investment grade rating is a testament of the company’s business model, strong financial performance, effective credit risk management, improved governance and management.” He also reiterated the company’s commitment to maintain its position as the leading consumer lender in Nigeria whilst driving innovative products across its banking and wealth management offerings. The investment grade ratings is a strong enabler of the Company’s strategy to attract funding from the Nigerian Debt Capital markets.
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Furthermore, FairMoney has recently redeemed N4.8 billion to investors under its N10 billion Private Note Programme. This highlights the Company’s commitment to continue to meet its obligations to investors and build confidence in the Nigerian Capital Markets.
CEO & Co-founder, FairMoney, Laurin Hainy, affirmed that the redemption of the notes reflects FairMoney’s resilient business model and ability to ensure optimal performance and sustainable returns to its stakeholders and partners.
In June 2023, FairMoney launched its debut Commercial Paper Programme with strong demand as the first issuance was oversubscribed by nearly 2 times.
ABOUT FAIRMONEY
FairMoney is the leading financial services company and currently the #1 digital lender in Nigeria. Over the last six years, the company has impacted the lives of millions of Nigerians, with the goal to rebuild Africa’s money story by offering Tier 1 digital financial services to merchants and consumers alike.
The company offers a range of digital financial products including Investments, high-interest savings, payment services and cards. The company additionally offers near-instant digital loans 24/7 directly via its mobile app. The digital lending product offering covers loans in tenor up to 24 months to MSMEs and consumers. The end-to-end application to loan offer process takes 5 minutes and is fully digital with no physical touchpoints.
Additional information can be found on the company’s website at www.fairmoney.io
Shipbubble, the leading platform for e-commerce shipping solutions in Nigeria, is thrilled to announce a groundbreaking partnership with Bumpa, the innovative e-commerce platform with features that empower Nigerian businesses and their owners. This strategic collaboration marks a significant step forward in the e-commerce landscape, offering Bumpa store owners an easier, seamless, and more efficient shipping experience.
Through this partnership, Bumpa customers can now connect their stores to Shipbubble, allowing them to create and fulfil shipments directly within their Shipbubble dashboards. This integration eliminates the need for manual data entry and switching between multiple shipping platforms, streamlining the shipping workflow, providing access to several last-mile delivery partners, and saving valuable time for Bumpa store owners. Shipbubble customers are already able to connect to other e-commerce platforms like Woocommerce, Shopify, etc.
“We are incredibly excited to join forces with Bumpa to revolutionise how businesses manage their shipping operations in Nigeria,” said Jordan Ajibola, CEO of Shipbubble. “This partnership perfectly aligns with our mission to drive growth for e-commerce businesses, and we are confident that it will deliver unparalleled convenience and efficiency to Bumpa store owners.”
The seamless integration between Shipbubble and Bumpa empowers businesses to:
Create and fulfil shipments directly from their Shipbubble dashboards, eliminating the need for manual data entry and switching between platforms.
Access to over 30+ courier partners, all in one dashboard
Access competitive shipping rates: Shipbubble’s extensive network of shipping carriers ensures access to the most affordable and reliable rates.
Track shipments in real-time: Merchants and their customers gain complete visibility into the shipping process, from order creation to delivery.
Save time and resources: Streamline shipping operations and free up valuable time to focus on other aspects of the business.
By combining Bumpa’s robust e-commerce platform with Shipbubble’s advanced shipping solutions, this partnership is poised to transform the e-commerce landscape for Nigerian businesses.
Kelvin Umechukwu, co-founder and CEO of Bumpa, says, “Bumpa has always been at the forefront of bringing innovative ways to make it easy for business owners to manage their inventory and orders. We have taken it a step further by releasing the Bumpa Orders API, making it easy for businesses to be able to directly connect their logistics services to Bumpa. ShipBubble is one of the first partners we’re working with because they make over 30 logistics partners, including DHL, GIG, Sendstack, Sendbox, and more, available to Bumpa merchants. This move marks a significant step in empowering businesses and offering seamless, stress-free shipping solutions. I hope that many more businesses will switch to this easier way of doing business by exploring this integration with Shipbubble on Bumpa.”
To learn about how to connect your Bumpa store to Shipbubble, click here. For more information about Shipbubble and how the platform can benefit your business, please visit shipbubble.com
About Shipbubble
Shipbubble is the leading platform for e-commerce shipping solutions in Nigeria. They empower businesses with a seamless and efficient shipping experience, enabling them to focus on what matters most—growing their businesses. The innovative platform provides access to competitive shipping rates, real-time tracking, and a suite of tools to manage shipping operations effortlessly.
About Bumpa
Bumpa is a dynamic platform offering innovative e-commerce tools to empower Nigerian businesses. Their mission is to provide entrepreneurs with the resources and technology they need to succeed in the fast-paced world of e-commerce. With Bumpa, businesses can create beautiful online stores, manage inventory, process payments, and much more—all from a single, user-friendly platform.
In a move that heralds a new chapter in African innovation and entrepreneurship development, Innovest Afrika launches with a bold vision to accelerate 5000 African founded startups by the year 2030.
Innovest Afrika is building a vibrant ecosystem of African innovators to drive positive change through entrepreneurship and technological advancement. “We invest in African founders that are building high-potential, high-impact startups wherever they are located in the world,” says Femi Moito, the Founder and President of Innovest Afrika.
The Innovest Ignite Accelerator Program
The first edition of Innovest Ignite accelerator program kicks off in the bustling city of Lagos– a city known for its vibrant entrepreneurial spirit, in February 2024. The 8-week accelerator program will run till March 30th, 2024, concluding with a live Demo Day event where all participating startups will pitch to a panel of Innovest Afrika’s partners and investors.
From the program applications, twelve startups will be selected and will undergo a rigorous curriculum that includes intensive training modules, mentorship sessions, and one-on-one coaching. The top quartile of the cohort participants will receive funding from Innovest Afrika. Innovest Ignite Accelerator – Lagos Edition is currently open for applications. Any early-stage startups located anywhere in Nigeria can apply here.
“The accelerator program is sector and business model agnostic. All pre-seed and seed stage startups are invited to apply,” says Femi. “We will invest in the top quartile of each cohort and ensure that every participating startup is matched with investors that fit their business profile from our extensive investor network” he added.
Innovest Ignite will expand to five additional cities in 2024: Houston, Atlanta, Detroit, Accra, and Nairobi, demonstrating a commitment to regional diversity and inclusivity, and ensuring that accelerating innovation is spread across continents to empower African founders wherever they may reside.
An African Vision to Accelerate 5000 African Founded Startups by 2030
AFRICA is more than just a continent; AFRICA is its people. With a global African diaspora of 350 million, Innovest Afrika’s focus transcends geography. The objective is to reach and empower entrepreneurial Africans worldwide. This is because African founders face uniquely similar funding challenges and opportunities to scale their startups in the global economic landscape regardless of if they are operating on the African continent or the USA. This unique challenge is why Innovest Afrika is looking beyond the African continent to reach African founders wherever they are located globally.
Innovest Afrika mission is clear-cut: Accelerate African innovation by providing entrepreneurs with the tools, resources, and networks necessary for success. This involves not just financial investment but also mentorship, business development tools and support, and access to a global network of industry experts and investors.
Femi states “Despite receiving just 2% of global venture funding Year over Year, African founders have achieved remarkable successes. Unicorns have emerged from African founded startups both on and off the continent. It is evident that African founders are a fountain of untapped innovation and investment opportunities.”
Visionary African Leadership
Femi Moito is driving Innovest Afrika’s ambitious projects. He brings over 20 years of experience working with high growth fintech startups, venture capital and consulting firms. In his previous role, Femi was Head of Africa Markets at Majority, a Houston TX, based Fintech startup.
Femi’s diverse global experience and entrepreneurial mastery began in Nigeria, where he built an agency banking network for a leading fintech startup, playing a pivotal role in the social and economic transformation driven by Fintech’s in Nigeria.
“The impact of Fintech in Africa is astounding. I realized that innovation and entrepreneurship is key to societal transformation,” Femi reflects. This realization fueled his passion for promoting entrepreneurship among Africans as a catalyst for societal change.
His understanding of global market dynamics and insights into the challenges facing African innovators make him an ideal leader to steer Innovest Afrika towards its goals. Femi holds an MBA from Babson College’s F.W. Olin Graduate School of Business.
A Call to Impact
If you’re an African-founder of an early-stage startup with high potential and are eager to scale your startup, join the Innovest Ignite Accelerator by clicking this link.
If you are a successful founder with an exit, an experienced entrepreneur, or a professional with a passion for uplifting African talent and mentoring the next generation of African business leaders, we need you. Click this link to join us.
And if you’re interested in partnering with us in any capacity, I’d love to hear from you; visit us at www.innovestafrica.org for more information about our journey and mission,
Together, let’s unlock the full potential of African innovation and entrepreneurship.
After a transformative seven-week journey, FSDH Merchant Bank and the International Finance Corporation (IFC) in collaboration with WEAV Capital, have successfully concluded the inaugural cohort of the Female Founders Growth Programme. The programme is an Investment Readiness programme aimed at empowering female founders to accelerate growth in their companies by making them ready to secure investment capital and funding opportunities.
All startups in the programme were selected after a rigorous and highly selective process. The startup companies that graduated from the programme include:
Sycamore: a platform that makes it easy for businesses to access loans in record time.
truQ: an operating system platform for third party logistics in Africa, making third party logistics smarter, faster and more efficient.
Regxta: helping unbanked individuals and microbusinesses access online banking services, business loans, and business support services.
Towntalk: building a robust AI solution to strengthen supply chain resilience in Nigeria by providing real-time analytics, vehicle tracking and access to affordable insurance.
Agriarche: digitizing the flow of commodities, trade and payments in the agriculture ecosystem.
Instollar: building a Green Workforce Marketplace that connects renewable energy companies in need of skills for solar project with qualified freelance green-energy talents.
Hadi Finance: empowering African informal retailers with essential financial services and digital tools.
MyFoodAngels: providing easy access to food supplies through an online marketplace serving both buyers, sellers through a fresh food shopping and delivery platform.
Earthbond: empowering under-girded Nigerian businesses with access to reliable and affordable solar energy.
Kunda Kids: publishing and media studio providing diverse children’s books, animations, and digital learning resources.
MaterialsPro: building an eProcurement and supply chain platform for Building & Construction Materials Industry.
Terawork: a one-stop freelance marketplace helping African talent earn income globally through freelancing.
Each graduating startup participated in intensive workshops aimed at refining business models and enhancing fundraising strategies, culminating in a highly anticipated Demo Day which provided a platform for the participants to pitch their innovative businesses to an audience of top ecosystem players, investors, and accelerators for an opportunity get a non-equity grant prize of $10,000USD. Kunda Kids, an edtech company led by Co-founder & COO Louisa Kiwana Olafuyi, emerged as the pitch winner, showcasing their outstanding solution to children’s education through media production and publishing. Please click here to view more highlights of the event,
In her comments, Gold Nwoke, Head, Women in Business Initiative, FSDH Merchant Bank, said, “The Female Founders Growth Programme underscores our commitment to fostering a diverse and inclusive entrepreneurial landscape in Nigeria. Our focus is to partner with female entrepreneurs to achieve their business goals. Witnessing the innovative solutions and resilience demonstrated by these female entrepreneurs has been truly inspiring. We are proud to be part of their journey and will continue supporting such initiatives that empower women in business.”
Kalim M. Shah, IFC’s Senior Country Manager for Nigeria said, “Women play a pivotal role in advancing innovation, making substantial contributions to business performance across various sectors including technology. This program supports the strengthening of women’s active participation in the technology ecosystem while highlighting the profound impact that women-led businesses can have on Nigeria’s digital economy. IFC continues to support opportunities for women in the private sector to unlock the full potential of the country’s workforce, thereby contributing to the sustainable growth of Nigeria’s economy.”
Commenting on the programme, Amaka Okechukwu Opara, Managing Partner, WEAV Capital said: “Female led businesses receive less than 5% of Venture Capital funding In Africa. We are committed to curating more Initiatives like this that showcase amazing female founders In Africa that are building scalable and high growth businesses across Africa.’’
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About FSDH Merchant Bank
FSDH Merchant Bank is Nigeria’s premier merchant bank specialized in providing financial services through Corporate Banking, Business Banking, Investment Banking, Prestige Banking, Custody Banking, Treasury, and International Banking services. With a rich history spanning over 30 years, FSDH Merchant Bank has become a trusted, and expert provider of financial services delivering financial services within Nigeria, empowering businesses and enabling economic growth, partnering with individuals, and organizations on their journey to success. Through the FSDH Women-in-Business Initiative, FSDH is committed to investing in and supporting female-led companies, and their founders across Nigeria. As part of FSDH Group, our co-subsidiaries include; FSDH Asset Management, FSDH Capital and Pensions Alliance Limited (PAL Pensions). For more information, visit our website:www.fsdhmerchantbank.com.
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About IFC
IFC — a member of the World Bank Group — is the largest global development institution focused on the private sector in emerging markets. We work in more than 100 countries, using our capital, expertise, and influence to create markets and opportunities in developing countries. In fiscal year 2023, IFC committed a record $43.7 billion to private companies and financial institutions in developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity as economies grapple with the impacts of global compounding crises.
About WEAV Capital
WEAV Capital is a pre-seed and seed stage accelerator and venture capital fund dedicated to funding and supporting category leading female-led startups across Africa. Visit www.weavcapital to learn more.
It’s been a tough economic year and everyone has had to make financial adjustments. The price of goods has increased exponentially with Nigeria’s headline inflation number reaching 27.33% in October this year. A full tank of fuel for a car has gone from about 15k in May 2023 to about 56k in December of the same year, more than triple times the price earlier in the year. Many Nigerian businesses currently make a median monthly revenue lower than NGN 300,000 (Less than $400), so imagine how much their employees are paid. To continue to survive, people need access to credit to pay rent, pay school fees for their kids, or even feed their households.
To solve the problem of credit, Sparkle MFB is set to launch Sparkle loans, a small-interest loan product accessible to everyone. Sparkle is a digital bank that leverages technology and data to provide seamless banking solutions to Nigeria’s retailers, SMEs, and individuals. The Bank is on a mission to help Nigerians do what they want to do and it is doing this through simple digital banking and business solutions. Speaking about this yet-to-launch product, Sparkle’s Marketing and Communications Lead states “At Sparkle, we firmly believe that your plans or dreams should not be put on hold, and thus, we are committed to providing you the quick cash you need to do what you want to do without waiting around”
Sparkle loans will be available to everyone who banks with Sparkle. Sparklers (Sparkle users) who carry out lots of transactions on the app will see their eligibility for a loan increase. Potential Sparklers can prequalify for a loan by signing up to Sparkle and carrying out activities on the app incrementally. Sparkle offers digital banking services like money transfers and bill payments so you can get electricity tokens or airtime/data, save money, and get access to a host of other financial services.
Sparkle loans will range from as low as ₦5,000 to as high as ₦1,000,000 making it accessible to anyone regardless of income level. Other benefits of choosing Sparkle loans include:
Easy access: You can get a loan anywhere at any time straight to your Sparkle account on the app.
Low interest rates: The interest rate on these loans will start from a minimum of 17% to a maximum of 25%. This makes these loans accessible to everyone and more affordable than a lot of other loan alternatives.
Inclusiveness: there’s no human bias in who gets a Sparkle loan. Loan eligibility will be based on data analysis and this data will be your transaction activities on the Sparkle app, your KYC documents, and your character (your basic behavioural patterns on the app like your bills payment activities, etc. and also a credit check).
No collateral: To get a Sparkle loan all you’ll need to do is apply directly on the app. There will be no complex forms, no collateral or guarantor needed, and no hoops to jump through, just easy access to credit in minutes.
Sparkle is offering an inclusive and transparent loan product to help Nigerians thrive. With easy access to credit Nigerians can succeed in their present endeavours while also investing in their future. With Sparkle loans, people can educate their kids, pay rent, and feed their families. Get ready to enjoy low-interest loans from Sparkle early next year!
The 1990s heralded a golden era for Nigerian football, with the ‘Super Eagles’ soaring to new heights in international competition. Just as football fans closely follow their favorite teams, many enthusiasts in South Africa keep up with the sport’s latest developments through hollywoodbets login guide for South Africa, a valuable resource for staying connected with the game.
Probably few people can dispute the fact that in the 90’s, the team of “Super Eagles” was one of the strongest teams in Africa – if not the strongest. For the first time penetrated the World Cup, this team was able to surprise everyone there, ahead of the group, powerful teams of Bulgaria and Argentina. Only the great skill of Roberto Baggio then was able to stop Nigeria in the playoffs. The bright history of this national team lasted another 4 years and included – winning the Africa Cup of Nations, at the Olympic Games in Atlanta and repeating the achievement of the World Cup in the United States, at the next Mundial in France. And after that, the results of this African team began to deteriorate.
Early Struggles and Rise to Prominence (1992-1994)
However, the 90s did not start as well for Nigeria as we would have liked. In 1992, Nigerians for the first time in the last 4 tournaments could not reach the finals of the African Cup of Nations and settled for only bronze. But the next year brought this team great success. As a result of the hardest struggle with the national team of Côte d’Ivoire, a ticket to the World Cup in the United States was finally obtained. Then, after the success of the national team of Cameroon, at the previous tournament, African soccer attracted increased attention. And right before that tournament, the national team of Nigeria, for the second time in history won the African Cup of Nations. Especially in the composition of that team, we stood out striker Rashidi Yekini, who became the top scorer of that tournament. After this success, the Nigerians could expect some success in the fields of the United States.
Especially since the team was made up of players playing for European clubs, some of whom were already quite famous. But the lot then did not spare the Africans. And if with Greece they still had some chances, then against stuffed with stars – Bulgarians and Argentines, there was nothing to catch. But all this was disproved by the “super Eagles” already in the opening game when the praised Bulgarian team was defeated. Veteran Yekini and his younger comrades – Amokachi and Amunike simply tore the Bulgarian defense – 3-0. The second round, only because of the lack of international experience, did not allow Nigerians to take points with the vice-champions of the World. But in the third round, the national team defeated the Greeks in class and went into the playoffs of the tournament. But already in the 1/8 finals, they faced a real test of strength. Just a couple of minutes were not enough for the Nigerian national team to create the main sensation of the tournament and repeat the achievement of Cameroon. All their hopes for success “buried” Roberto Baggio. In the last minute of the main time, the Italian saved that match, and in extra time, brought the Italians – a ticket to the quarterfinals.
Building on Success
The tournament in America made many Nigerian players stronger and more experienced. Many of them after that tournament were already leading players of European clubs. In addition, to replace the aging Yekini, a whole host of young talents joined the national team. Nwankwo Kanu, Finidi George, Celestine Babayaro, Tijani Babangida, Sunday Oliseh – all of them were considered rising stars. And even more so after their success at the Atlanta Olympics, where Nigeria was the first African team to win Olympic gold in soccer. By then, Finidi and Kanu had already achieved success at the club level, winning the Champions League with Ajax.
As in the case of Cote d’Ivoire, for the World Cup in France, 4 years later, the Nigerians gathered under their banners and veterans – Okechukwu, Yekini, Eguavon, Rufai, and young champions Atlanta and in general gathered all the best that they had at that time. They were going to be surprised in that tournament. And at first, they did. Already in the first match, the Africans just “snatched” victory from a strong Spanish team, making them take themselves even more seriously. In the second round, Victor Ikpeba’s goal brought the team victory over Bulgaria, and in the last round, the Nigerians made a goodwill gesture to Paraguay, losing the match, and at the same time “unhooked” from the playoffs Spaniards. Having taken first place in the group, the Super Eagles got quite a convenient opponent – the national team of Denmark and were determined only to win. What the guys lacked this time, is unclear. In 1/8, all their hopes were shattered by the reliable defense of the Danes and the excellent play of their famous goalkeeper Schmeichel. But the defense of the African team that night simply fell apart. As well as the whole team.
A New Century: Echoes of Past Glories
There was a certain surge in the results of this national team 10 years ago. Then the Nigerians repeated their 1993/94 path. Having won their third title as the strongest team in Africa, the team went to the World Cup in Brazil. Having played a couple of brilliant matches there, the team – which included the well-known Odenvingiye and Musa – again made it to the World Cup playoffs. And again the old story was repeated. In the 1/8 finals, another European team became an insurmountable obstacle for them. The French did not leave them a chance. Further development, that fleeting success did not get. In the future, the results of the national team invariably went down, and soccer fans began to hardly remember the players representing this team at the moment. Only with the emergence of Napoli – Nigerian super-forward Victor Osinhen, the fans in this country again began to have hope that after a couple of years, the “Super Eagles” will still repeat the achievement of Cameroon and reach the 1/4 World Cup.
In the world of soccer, where the fervor of fans often leads to lively debates and discussions, choosing a club to support can be as strategic as placing a bet. For those who take their sports analysis and betting seriously, bookmaker-ratings.ru provides comprehensive reviews and ratings of bookmakers, mirroring the in-depth scrutiny we apply to examine Premier League clubs. Just as we dive into the reasons why certain clubs might not win your support, this site offers insights into making informed choices in the betting arena.
In this article, you’ll find out which Manchester City side was the first to win the trophy, who Stamford Bridge was built for, and who Giuseppe Garibaldi would be rooting for today.
Manchester City
Why is it not worth rooting for them?
1) Strange choice of anthem
2) It’s not fair that such a coach belongs to the same team.
3) Every City fan claims to have been at Wembley that day for the Gillingham match (in the 1999 play-off final for promotion to the Championship, City were losing 0-2 by the 89th minute but managed to come back and eventually won on penalties) – seriously, Wembley is big, sure, but you couldn’t all have been there.
You didn’t know that. City is the only team in English history to drop out of the top division immediately after winning the previous championship. It happened in the 1937-38 season.
Manchester United
Quotes from the book:
“For every one MU fan, there are a hundred others who can’t stand the club.”
“If an English explorer went into the wildest wilds of the Amazon and met a wild tribe, the first thing the chief would ask would be, ‘How is Bobby Charlton doing?’
Why shouldn’t you cheer for them?
1) Curry pie at Old Trafford. It’s as hot as volcanic lava! It’s understandable why their fans are so silent in their stadium – they’ve all scalded their tongues before kick-off.
2) They like to say they were the first English team to win the Champions Cup (in 1968). However, they gloss over the fact that Celtic were the first British club to do so the year before. As for domestic competitions, they weren’t even the first Manchester team to win a major trophy – City won the 1904 FA Cup final.
3) Relentless monetization of your brand. Here’s your club has a soft drink partner in Nigeria? And an official mattress partner? What about coffee?
You didn’t know that. Recently departed from us Sir Bobby Charlton, a legend of MU and the England national team, held his farewell match for United 50 years ago – it was a guest match against Chelsea in 1973. Before the match, the host players arranged a guard of honor for the legend, and the head of Chelsea gave Bobby a silver cigarette case (a little strange gift for a professional athlete, but it was the seventies!). By the way, the Football Association in advance set a threshold for the cost of this gift – no more than 25 pounds.
Nottingham Forest.
Quote from the book. “Every time we come to Nottingham, I suggest to my friends that we take a look at Nottingham Castle before the match. To this I hear only silence – they’re not interested in what was four pints of beer ago, let alone four centuries ago”
Why shouldn’t you root for them?
1) The tree on their emblem isn’t bad, but there’s clearly an eagle missing.
2) When Forest won the FA Cup in 1898 by beating their worst enemy Derby County, they borrowed their opponent’s jerseys for the post-match photo because white looked better than red in the photo. It’s like if Spartak posed with the cup wearing CSKA uniforms. Incidentally, that’s a great reason not to cheer for Derby too.
3) They sacked Brian Cluff (the most successful coach in Forest’s history, winning many trophies with them, including two Champions Cups).
You didn’t know that. In many ways, Forest was the first. The first soccer team to come out of street hockey (in the original “Shinney”), the first to wear shields (clearly left over from hockey players), and possibly the first to play a derby – their match against Nottingham County took place in 1866.
In a world with numerous smartphones, it can be hard to stand out from the crowd. But what if there was a phone that not only met your expectations but exceeded them? The TECNO Spark 20 series brings to the fore unrivalled innovation. With a range of innovative features and a sleek design, this phone redefines what we thought was possible in a budget smartphone. Let’s explore the possibilities of this incredible series and see how it can fully complement your lifestyle without breaking the bank.
At the zenith of the series stands the SPARK 20 Pro+. The SPARK 20 Pro+ boasts a remarkable 108MP Ultra Sensing Main Camera, a photographic powerhouse that transforms ordinary moments into extraordinary memories. The camera captures the essence of each scene with unparalleled clarity, offering a visual narrative beyond mere pixels. Beyond its photography prowess, the Pro+ integrates into your lifestyle with a sophisticated 56.5° Ergonomics Double Curved Design. This design isn’t just about aesthetics; it’s a functional enhancement, providing a phone and a stylish accessory that effortlessly complements and elevates your daily experiences.
The auditory journey with the Pro+ is equally enchanting, thanks to the Stereo Dual Speaker featuring DTS technology. This immersive audio experience takes you into a world of rich, clear sound, whether deeply engrossed in movies, immersed in games, or simply enjoying music. The Pro+ doesn’t just stop at visuals; it ensures a harmonious audio-visual symphony. Designed for those with dynamic, on-the-go lifestyles, the Pro+ boasts a 5000mAh Large Battery coupled with a 33W Super Charge. This powerful combination ensures your phone effortlessly keeps pace with your busiest days, eliminating concerns about running out of battery and allowing you to navigate life without missing a beat.
The SPARK 20 Pro, a close kin to the Pro+, focuses on empowering users to express themselves through mobile photography. The 108MP Ultra Sensing Main Camera ensures your photos transcend mere images, becoming stories waiting to be shared. Powered by the MediaTek Helio G99 Ultra Boost Processor, the Pro model doesn’t just capture moments; it does so with speed and efficiency, seamlessly integrating into your creative flow. Recognising the contemporary importance of self-expression, the SPARK 20 Pro features a 32MP Glowing Selfie camera. Now, your selfies can be as vibrant and expressive as the moments you capture, empowering you to share your unique perspective with the world.
The SPARK 20 strikes an optimal balance between power and affordability, catering to users who demand quality without breaking the bank. The 50MP Ultra Clear Main Camera ensures that every photo is sharp and clear, while the 32MP Glowing Selfie Camera adds a touch of glamour to your self-portraits. Powered by the MediaTek Helio G85 Gaming Processor, the SPARK 20 is not merely a phone; it’s a gaming companion that ensures smooth gameplay and efficient multitasking. The 5000mAh Large Battery and 18W Fast Charge support mean you can keep up with your active lifestyle without worrying about your phone slowing down. You can get all these amazing features and specifications at an RRP of N111,300.
Would you try your hands on the TECNO SPARK 20 series, where innovation meets lifestyle, and each device beckons you to explore the possibilities? The choice is yours, and the journey awaits.
The Africa Early Stage Investor Summit 2023, concluded with resounding success, bringing together 350+ investors, founders, and industry leaders from across the continent. The two-day summit, organized jointly by VC4A & African Business Angel Network (ABAN), serves as the pivotal platform for robust discussions, networking and collaboration, propelling the African early-stage investment landscape forward.
“AESIS connects the early stage (angel) investor networks with VCs, mapping a path for founders’ fundraising journeys. The exchange of knowledge and experiences between the two is invaluable to the startup ecosystem, directly supporting founders in their entrepreneurial adventures.” – Vincent Hoogdyn, CEO of VC4A.
Key highlights
1. Insightful Opening Townhall & State of Industry Overview: The event kicked off with a thought-provoking Opening Townhall, moderated by the host Hope Ditlhakanyane, featuring AESIS advisor Eghosa Omoigui, and AESIS partner representatives Eleni Gabre-Madhin, Laurien Field, and Jean-Marie Kananura, who reflected on the theme of 10x-ing early-stage investing in Africa, and set the scene for the impactful conversations that followed.
Maxime Bayen of Africa:The Big Deal expanded this sentiment in his address sharing that the number of active investors in startups in Africa have doubled from 242 in 2019 to 529 in 2023, additionally funding raised by startups in Africa has grown 119 times in 10 years from $27M in 2014 to $3.2B in 2023 (YTD). The primary emphasis of the overall message underscored the
importance of deriving lessons from failures we’ve seen, gaining a more realistic perspective on exits through data, and strategically incorporating this information into the efforts to strengthen our collaborative ecosystem.
“AESIS plays a pivotal role in fostering collaboration and knowledge sharing between angel investors and VCs, and investment activities within the African startup ecosystem, contributing to the overall growth and development of entrepreneurship on the continent” – Fadilah Tchoumba, CEO of African Business Angel Network (ABAN).
2. Masterclasses and Breakaway Sessions: Attendees immersed themselves in an array of masterclasses and breakaway sessions, covering pivotal topics such as The winning recipe for Deal Collaboration and The Anatomy of Effective Corporate VC, as well as AESIS partner series covering Impact in collaboration with UNDP’s Africa Sustainable Finance Hub, and Gender Lens Investing in collaboration with IFC’s She Wins Africa initiative.
Notably, we had the Angel Investing Roundtable which was the launch of the ABAN 2023 Angel Investment Survey Report – Research into ABAN’s network of angels indicates that 2058 angel investors invested more than $22.5M across 408 deals, out of 5,743 applications received, at an average ticket size of $55.2K in the first and second quarter of 2023.
3. Deal Morning: In partnership with VC4A, SU Launch Lab, Next176, JICA, GIZ SAIS, MADICA, and Founders Factory Africa – 28 founders had been given the stage to showcase their business together with their attending investors. This setup facilitated meaningful connections not only between entrepreneurs and investors, but also between investors unlocking potential co-investments.
4. Ecosystem Side Event: The 2nd official Ecosystem Side Event took place on Saturday the 2nd of December, hosted at the WomHub coworking space, spotlighting the symbiotic relationship between Entrepreneur Support Organizations (ESOs) and investors. Panels, case studies, and presentations such as The ESO as an early stage investor, by Cindy AI of Dream VC highlighted the collaborative efforts driving entrepreneurship development and active opportunities for co-creation and progressive innovation efforts.
The summit concluded on a high note with a Closing Cocktail, with the first AESIS awards handed out in the following categories:
● AESIS Most Valuable Players Award – to attending members that have attended more than 6+ annual Summits;
● #AESIS2023 Outstanding Investor Meetup Award – Serengeti Angels and Ennovate Ventures as the hosts in Dar es Salaam, Tanzania;
● #AESIS2023 Outstanding Angel Network Award – RisingTide Africa;
● #AESIS2023 Outstanding VC Company Award – Founders Factory Africa.
Throughout the year we have had a series of numerous events in the lead up to these amazing two days in Cape Town; including Investor meetups which took place across Africa and the globe in September and October. A special recognition goes to our investor meetup hosts who worked very hard and brought incredible energy into making our new record of 36 meetups happen for 2023.
#AESIS2023 is honored to have partnered with many influential entities to make this 10 year milestone a resounding success including Investec, Next176, UNDP, Timbuktoo, JICA, GIZ SAIS, GIZ MAKE IT, Madica, Womhub, OceanHub Africa, Founders Factory Africa, Untapped Global, US Consulate, Double Feathers Partners, SU LaunchLab, SA SME Fund, Value for
Women, International Finance Corporation, Kigali International Financial Center, Dutch Good Growth Fund, and South Africa National Conventions Bureau.
Looking ahead
The success of the Africa Early Stage Investor Summit 2023 underscores the growing momentum of collaborative efforts in driving synergy and investment across the continent. The insights shared, connections forged, and collaborations initiated during the summit are expected to contribute significantly to 10x-ing early stage investing in Africa.
“Only ecosystems that have knowledge exchanges survive — that’s the power that we have here!” – Tomi Davies, President of African Business Angel Network (ABAN).
Photos of the events that took place during #AESIS2023 can be found here =====================================
For media inquiries, please contact:
Ayanda Siboto
Community and Investor Events Lead
ayanda@africainvestorsummit.com
About AESIS:
The Africa Early Stage Investor Summit (AESIS) is a collaborative venture between VC4A and ABAN, dedicated to advancing innovation and growth in Africa’s investment ecosystem. Celebrating its 10th anniversary, AESIS2023 brings together investors, industry leaders, and influencers with the aim of accelerating early-stage investing across Africa.
About VC4A:
VC4A is an ecosystem builder that leverages its infrastructure, network, and expertise for the programs that contribute to the startup movement in emerging markets. Since 2008, the organization has designed, structured, and implemented successful entrepreneurship programs on the continent. VC4A runs an online platform featuring the world’s largest database of startups in Africa and Latin America, connecting entrepreneurs to resources, networks, and funding. Visit https://VC4A.com/ for more information.
About ABAN:
ABAN (African Business Angel Network) is a pan-African non-profit association founded to support the development of early-stage investor networks across the continent. ABAN’s mission is to promote a culture of angel investing in Africa and increase the number of active angel investors who support startups. For more information about the Africa Early Stage Investor Summit 2023, visit www.africainvestorsummit.com. Follow us on X and LinkedIn for updates and highlights from the Summit. Photos from the summit can be found here
Caution, secure websites and strong passwords are among the top tips for staying safe this holiday season.
Andrew Uaboi, Vice President, Head, Visa West Africa
As we approach the holiday season, fraudsters are expected to use advanced technologies to exploit consumers’ information. With an increase in consumer spending, threat actors are taking advantage of consumers who let their guard down in search of the perfect gift for their loved ones. In fact, Visa’s data showed an 11% increase in fraud rates during the 2022 holiday season.
Here are Visa’s 10 Habits for Good Security Hygiene to help consumers shop safely – not just during the holiday season, but year-round:
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Only shop from trusted and secure websites: Look for “https” in the URL and a padlock symbol in the browser bar. These symbols indicate that the website is secure and uses encryption to protect your data.
Be wary of deals that seem too good to be true: Scammers often lure victims with incredible deals. If a deal seems too good to be true, it probably is.
Be cautious with emails and messages: Phishing scams are common during the holiday season. Never click on links in unsolicited emails or messages. Always verify with the sender directly through their customer service line or mobile app before providing any personal information.
Always Check Details in the OTP Message: Before entering the OTP, verify the purpose of the OTP (e.g., is it for a purchase or issuance of a device token) and review the purchase details such as the merchant’s name, transaction amount. Finally, you should not be disclosing your OTPs over the phone, email, or messenger.
Keep your devices and software updated: Regular updates often include security patches that protect against new threats. Make sure your devices and software are up to date.
Use strong and unique passwords and enable 2FA: Each of your online accounts should have a unique password and enabled with two-factor authentication (2FA) to make it more challenging for fraudsters to access.
Monitor your bank and credit card statements: Regularly check your statements for any unauthorized transactions and enable transaction alerts. If you see anything suspicious, report it immediately.
Be wary of fake charities: Scammers often take advantage of the holiday season to set up fake charities. Always research a charity before making a donation. Use resources like Charity Navigator to help ensure your goodwill is going to a good cause.
Protect your personal information: Never provide personal information unless it’s necessary. Be wary of any requests for personal information –even if the message claims to be from a friend or family member.
Avoid shopping on public Wi-Fi: Public Wi-Fi networks are often unsecured and can be a target for hackers. It’s safer to shop from a secure home network or use a VPN.
Visa has more than a thousand dedicated specialists protecting Visa’s network from malware, zero-day attacks and insider threats 24x7x365.
Fyde Treasury has pioneered a solution for a secure, non-custodial, “liquid vault” tailored for all cryptocurrency holders, from beginners to power users.
December 19, 2023 – Fyde Treasury, a blockchain technology company led by a former NASA scientist, has closed a $3.2 million seed funding round marking a major stride towards tackling a critical industry concern – the management and scalability of on-chain crypto treasury holdings.
The round was spearheaded by OP Crypto Ventures, with investments from Arrington Capital, Big Brain Holdings, and Merit Circle, among other notable funds and angel investors.
“We are more than excited to collaborate with Fyde in a long-lasting partnership. As Fyde progresses and their platform is released, we’re thrilled to function as the bridge between ourselves and other portfolio companies within the DAO. Each and every single one of them faces the same challenges of managing a treasury.” – Tommy Quite, CFO & Co-Founder of Merit Circle
Fyde’s founding team draws on a wealth of experience hailing from global financial institutions, web3, and academia. Team members hold distinguished PhD backgrounds and research positions from institutions such as Stanford, Cambridge, UCLA and business degrees from London Business School.
Unleashing On-Chain Treasury Management
In the realm of cryptocurrency, effective treasury management entails overseeing the value of tokens created by blockchain smart contracts. Fyde Treasury has pioneered a solution for a secure, non-custodial, “liquid vault” tailored for holders of cryptocurrencies.
Owners deposit a variety of digital assets into the liquid vault, retain ownership over their tokens and gain enhanced performance.
This enables users to receive a systematic approach to mitigating risk in DeFi in a simple, painless solution. Additionally, users will be incentivised to trade the liquid vault token $TRSY, offering a reliable and efficient payment avenue.
The protocol is stress tested and optimised by a simulation engine. This system uses heuristic and stochastic agent-based modelling to model tokenomic designs and create aligned incentive structures between blockchain companies, decentralised computers, and token holders.
The injection of funds will propel Fyde’s mission to confront the substantial challenges of overseeing multi-billion dollars of on-chain crypto treasury tokens. The imperative for a decentralised solution has become increasingly urgent in the wake of the setbacks faced by centralised, non-transparent crypto companies in 2022, coupled with the persistent volatility within the sector and the growing instability of conventional banking systems.
Fyde Treasury Protocol has recently launched on Ethereum in December 2023. The team extends an invitation to join Fyde Treasury Protocol during their liquidity on-ramping process and accrue FYDE points.
About Fyde Treasury
Fyde Treasury is designed to unleash the crypto treasury management ecosystem by introducing a liquid vault that enables a solution useful for beginners to power users in a compliant and crypto native manner.
It effectively handles the four pillars of crypto treasury management: asset diversification, yield generation, token liquidity, and governance preservation. The company was founded in Q3 2022. For more information about Fyde Treasury, please visit Website or contact gm@fyde.fi
Pepe (PEPE) recently saw a major upswing, after a prolonged period of heading downwards. This newfound spark led to a lot of traders diversifying with the cryptocurrency. But while the current performance is bullish, another crypto is also becoming a main point of interest, and that’s Meme Moguls (MGLS). Today, we will go over both projects to see which one can surge the most and provide investors with the most significant ROI in the upcoming months.
Pepe (PEPE) was initially declining in value ever since it reached its all-time high. The initial contributing factor to this was the overall price correction of the crypto market at the time. Recently, the Pepe price movement has been heading upward, as during the past 30 days, it increased by 26.3%.
This bullish Pepe performance was retained even during the past week as the crypto moved up in value from $0.00000132 to a maximum value of $0.00000170. Crypto analyst Michaël van de Poppe is bullish on the future and projects that the crypto could see an upswing in its value soon.
In early December, Binance also announced that users could use PEPE as collateral in the Binance Loans platform and initially gave 10M PEPE for a limited time when borrowing any token against it. According to the Pepe price prediction, it can reach $0.000003 by the end of 2024.
Meme Moguls (MGLS) to Lead the Meme Coin Market
Meme Moguls (MGLS) is an upcoming platform that will help users learn how to invest and build wealth. The main feature behind the ecosystem is simulated investing, which lets people compete with friends in virtual stock market trading games, where they can also learn investing strategies, discover new investments, and earn cash prizes and meme rewards.
Community members and friends can set up tournaments and compete in the game. These tournaments can result in prize pools created through tournament buy-ins. Users can also increase their in-game rank and reach Moguls status. Then, they can monetize their trading expertise to get passive income.
<blockquote class=”twitter-tweet”><p lang=”en” dir=”ltr”>MOGULS!! 🔥<br><br>Are you ready to change the landscape? 🧑🌾 With one of the biggest airdrops of 2024 👀 Get ready!! <a href=”https://twitter.com/search?q=%24MGLS&src=ctag&ref_src=twsrc%5Etfw”>$MGLS</a> Farming. Coming soon… <a href=”https://t.co/9UPUeV5klt”>pic.twitter.com/9UPUeV5klt</a></p>— Meme Moguls (@meme_moguls) <a href=”https://twitter.com/meme_moguls/status/1733077444930703567?ref_src=twsrc%5Etfw”>December 8, 2023</a></blockquote> <script async src=”https://platform.twitter.com/widgets.js” charset=”utf-8″></script>
Users can also complete trading missions and challenges to earn valuable meme assets and rewards. Anyone can also buy and sell rare NFT characters that can enhance their trading capability and improve their trading conditions. The rarer an NFT is, the better conditions it gets, such as leverage and spreads.
For the duration of Stage 2 of the presale, there will also be a prize pool with a huge $20,000 in MGLS tokens up for grabs. Participants just need to enter Zealy, make daily submissions, and keep track of their submissions by checking regular updates. Then, all that’s left for them to do is to make original tweets, retweet, and comment, and use the #MemeMogulsGiveaway hashtag in their tweets.
Summary
While Pepe is climbing, it will take some time for it to reach new heights. In the meantime, traders have begun diversifying their holdings with Meme Moguls. During its crypto ICO period, the MGLS crypto has picked up a lot of momentum.
Currently, it’s at Stage 2, trading at $0.0023. At launch, analysts are projecting a 35x price upswing, especially once the cryptocurrency is listed on major Tier-1 exchanges. As a result, it can become a dominant force in the meme coin sector during 2024 and beyond that point, making it one of the best cryptos to buy.
Keywords: best cryptos to buy, crypto ICO, Pepe, Pepe price, Pepe price prediction, Pepe crypto
Meta Title: Is Meme Moguls the Next Pepe?
Meta Description: See just how far Pepe and Meme Moguls can climb during the upcoming months and see which one can come out on top as a meme coin leader.
Avalanche (AVAX) is a Layer-1 blockchain that gained significant attention by making attempts to solve the blockchain trilemma. Since then, its combination of low gas fees and overall performance has been an appealing point for traders, and recently, it saw a 138% surge in value.
Another crypto that is picking up a lot of attention is Pullix (PLX), as it stands out as the first community-backed exchange and as a DeFi project that can introduce the next era of TradFi. Today, we will go over the price performance of both projects to see just how far they can rise, and to determine what is the best cryptocurrency to invest in.
Avalanche (AVAX) Surges 138% and Reaches $42.28 – $65.42 Is the Next Target
The Avalanche (AVAX) crypto has showcased signs of a resurgence as its price bounced back and began a rally in an upward direction. During the past week, Avalanche broke past the $40 price barrier after climbing by 138% in the past month based on CoinGecko data.
From a low point of $27.33 during the past week alone, it managed to swing as high as $42.28. This marked a total price upswing of 49% in the past seven days for the Avalanche crypto, and now, it has a market cap of $14,931,114,306 and is the 10th largest crypto. This will not stop here, however, as according to the Avalanche price prediction, it can reach $65.42 in 2024.
Pullix (PLX) Grabs Attention With Self Custody and a Dedicated Lending Protocol
Pullix (PLX) is rising in popularity with its crypto ICO due to its unique approach to trading. It will initiate an innovative approach to online trading and become the first community-backed platform combining the best elements of CEXs and DEXs.
Here, users can trade all assets privately, including cryptocurrencies, forex, CFDs, and others, all from a single account. They can just create an account using their email, link a wallet, and start trading immediately.
There are a lot of other features included, such as; Perpetual futures, Contract for Differences (CFDs), Vault for secure storage of cryptocurrencies, lending protocol for earning passive income.
Users can store their own private keys while retaining full custody of their own assets, making the platform secure with no central point of failure. The PLX crypto plays a major role in the overall functionality of the ecosystem. It enables users the opportunity to stake it for fixed capital gains while also supporting multi-currency staking. The innovative mechanism that is implemented on top of the platform will make it one of the top crypto to invest in.
Summary
Aside from Avalanche, Pullix is set to 100x in value after a successful launch. The project is already making significant progress with its presale as it has already reached Stage 2. During this stage, PLX trades at just $0.042 but can surge significantly following the completion of its presale and launch on Tier-1 exchanges based on analyst projections.
For more information regarding Pullix’s presale see links below:
Keywords: what is the best cryptocurrency to invest in, top crypto to invest in, Avalanche, Avalanche crypto, Avalanche price, Avalanche price prediction
Meta Title: Avalanche (AVAX) Rockets 138% In a Month, Holders Eye Presale Set To Next Crypto Moon Shot
Meta Description: Learn how far Avalanche and Pullix can rise during the upcoming months and see which is the best for diversification.
The Tech Community in Africa has witnessed huge growth in the last decade due to the establishment of tech start-ups and the generation of huge funding by these start-ups. While this is a great feat that is worth celebrating, a sense of community is greatly needed.
One such ground-breaking endeavor is Tech Connect Africa (TCA), a global social enterprise with a mission to unify the global African diaspora and pave the way for a future of tech that embraces culture, connection, and community.
Tech Connect Africa was brought to life by three visionary leaders—Jeminatu Alabi-Isama, Ayodele Duyile, and Lord Osei-Ofori. Drawing from their extensive experiences at prominent tech giants like Google and Meta, this trio has successfully gathered like-minded individuals to form an incredible tech community. Jeminatu serves as the Education Sales Lead at Google, Ayodele as a Senior Technical Product Manager, and Lord as a Program Manager at Meta.
Since its inception, the Tech Connect Africa community has witnessed remarkable growth, boasting more than 287 tech companies and 52 CEOs working across various tech domains such as AI, FinTech, XR, infrastructure, and product management. This thriving community has become a hub for collaboration, innovation, and networking.
In 2022, Tech Connect Africa organized networking summits in Kenya, Ghana, and Nigeria, bringing together industry leaders from Meta, Google, Microsoft, Uber, and more. These summits facilitated informal discussions on critical topics like emerging start-ups, fintech, crypto, and talent sourcing, setting the stage for what promises to be an even more impactful event in the coming year.
The Flagship Conference – Lagos 2023:
The highlight of Tech Connect Africa’s calendar is undoubtedly its Flagship Conference and this year, all eyes are on Lagos. Scheduled between 12 PM – 7 PM on the 22nd of December 2023 at the prestigious Lagos Continental Hotel, VI, this conference is set to surpass previous editions in scale and significance.
The theme for this year’s conference, “Unifying the African Diaspora through AI Innovation” couldn’t be more timely. In a year where Artificial Intelligence takes center stage in the global tech conversation, Tech Connect Africa is ensuring that the African Tech Space is not left behind. The conference aims to explore how AI can be harnessed to empower communities, drive innovation, and create lasting connections across the diaspora.
If you’re either a start-up founder or a seasoned tech executive, the Tech Connect Africa conference in Lagos provides a unique opportunity to connect with influential figures in the industry. With past sponsors including industry giants like Google, Meta, Microsoft, LinkedIn, and Bolt, attendees can expect unparalleled networking opportunities and insights.
Eager to be part of this transformative experience? Tickets are available on Tech Connect Africa’s official website at techconnectafrica.com. Additionally, you can become part of the Tech Connect Africa community by following them on Instagram, joining their vibrant WhatsApp community, and connecting on LinkedIn for the latest updates and discussions.
SwapMoney, a UK–based Money Service Business has successfully completed its registration with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC). With this, individuals and businesses in Canada who desire multicurrency virtual wallets and international money transfers can access Swapmoney’s payment solutions. This significant achievement marks a major milestone in SwapMoney’s commitment to providing secure, value for money and innovative financial services to a global audience.
FINTRAC registration is a rigorous process that involves compliance with stringent regulatory requirements. SwapMoney’s successful registration underscores its dedication to upholding the highest standards of financial transparency, security, and compliance.
With this new registration, SwapMoney is poised to extend its financial services to the Canadian market, offering a wide range of convenient and efficient money transfer solutions to individuals and businesses alike; “Completing our FINTRAC registration is a significant step forward in SwapMoney’s journey to becoming a trusted global financial partner. We look forward to strategic partnership with a Canadian bank as we have done in the UK with ClearBank, a partnership forged since 2021 that has allowed us collect and keep customer funds safe in a segregated account. We are positive that our experience in the UK and product offerings will put us in good stead to serve our Canadian customers even better. Canada here we come!” said Abiodun Okono, CEO and Co-Founder at SwapMoney.
Mr Okono expressed his excitement about the opportunity to serve the Canadian market and emphasized that expansion to Canada aligns with SwapMoney’s mission to simplify international financial transactions and make cross-border payments as easy and affordable as local payments, he also promised Canadians that Swapmoney will remain committed to providing safe, reliable, and user-friendly financial solutions that empower its customers.
This landmark achievement and the company’s dedication to continuous improvement of compliance and security has also birthed the launch of her new Mobile App available on iOS and Google Playstore; which will improve customer user experience, and deepen customer confidence in their financial transactions with Swapmoney.
About SwapMoney
SwapMoney is a UK-based Money Services Business (MSB) launched in 2020 dedicated to simplifying cross-border payments for migrants, expatriates and SMEs. Licensed by the FCA with a commitment to compliance, security, and transparency, SwapMoney offers a user-friendly, safe and secured platform for individuals and businesses to send and receive money across borders. The company’s mission is to empower customers with secure, accessible, fast, and efficient financial solutions, making cross-border payments easier and more convenient. Swapmoney offers remittance to over 100 countries such as Nigeria, Kenya, USA, China, Japan, Turkey, Europe, etc. in 30+ currencies.
On Saturday the 9th of December, Wetech hosted its first female founders conference. Since its inception in 2018, Wetech has been building a community of women dedicated to empowering and providing opportunities to other women. The goal of Wetech is to lower the entry barrier into tech and funnel more women into the industry by creating opportunities for networking, mentorship, and community building.
In Africa, the participation of women in the tech industry is below par and women still face significant gender barriers entering into tech. Less than 15% of tech start-ups have at least one female co-founder and only 10% have a woman CEO. Women-led startups are less likely to be funded and according to one report, only 3% of venture capital funding in Africa goes to startups with a female CEO.
Wetech hosts an annual conference for women in tech to further its goals. This large gathering of women come together to discuss the tech industry and how to improve the participation of women in the industry. This year’s conference was its first female founders conference. It was focused on “Women Defining Tech Entrepreneurship” and was graced by female founders, venture investors, female tech leaders, and women in the tech industry.
This inaugural female founders conference was held at the Four Points by Sheraton Hotel in Lagos. The event was opened by Koromone Asabe-Yobaere, co-founder and chief brand officer at Jamit, who gave the welcome note and moderated the first panel on “The Role of Nonprofits and Community Building in Purpose Driven Entrepreneurship”. Discussions on this panel were held between Flora Uwadiegwu and Gabriella Uwadiegwu, co-founders of Wetech. It also included Kaosi Anyanwu, software engineer at Microsoft and Nsikan Ubi, CEO of NUBI Consulting. On this first panel the speakers discussed how nonprofits can become self sustainable and support social entrepreneurship.
This first panel was followed by breakout sessions with panellists discussing topics including “Tech for Good: Women Steering Impactful Ventures”, “Demystifying the Startup Evaluation: Insights from Investors”, “The Mind Matters: The Hidden Cost of Burnout and Recovery Strategies for Founders”, and “The Role of Female-Led Innovation in Edtech”. The final panel of the day was on “Scaling Up: Growth Strategies for Female-Led Tech Startups”.
Speaking on their experiences on investing and funding-raising were Kenechi Eze, an investment analyst; Oluwadunni Fanibe, Program Manager at Techstars; and Gabriella who is also a founding partner at Archangel Fund, in the session “Demystifying Startup Evaluation: Insights from the Investor’s Lens,” On the subject of due diligence and differentiating between a hype and true innovation, Gabriella stated that her years of operating experience in varied industries and cultures gives her knowledge in a lot of areas. With experience comes knowledge and discernment. She also spoke about the responsibility of investors to seek out expertise in areas where they lack expertise. According to Oluwadunni her criteria for evaluating startups includes looking out for founders who show in-depth knowledge of the market/industry, founders who show grit and resilience, and teams with great synergy. She also stressed the importance of keeping one’s investors updated to mitigate against worsening problems.
The panel, titled “Scaling Up: Growth Strategies for Female-Led Tech Startups,” witnessed discussions from Kate Victory-Oedema, growth marketer, Founders Factory Africa; Uju Uzo-Ojinnaka, founder/CEO at Traders of Africa (TOFA); and Sylvester Kay-Adade, LP relations, Ingressive Capital. The question of how to pitch for partnerships and collaborations in the early stages came up and Kate advised founders to start thinking of partnership from the very beginning. She emphasised the importance of value creation, advising that once founders decide on the solution they want to build, they should also consider what value they can offer others and vice versa. This helps founders determine who to seek partnerships with and how to evaluate what they can bring to the table. Drawing from her experience advising startups, she spoke about identifying core channels to gain traction with users for your startup and identifying these core channels by experimenting and iterating as they go. Sylvester emphasised the importance of delegating to speed-up growth.
On the panel titled “Decoding the Art of VC Funding: Pioneering Perspectives from Entrepreneurs and Backers,” Dolapo Morgan, Investor, Ventures Platform Fund, and Miishe Addy, Co-Founder and CEO, of Jetstream Africa, delved into the topic of venture capital and fund seeking. Dolapo gave pitching tips emphasising the need to show some form of traction like revenue or users to potential investors. Asked what signs she looks out for that tell her a startup has potential to scale or not meet its goal, Dolapo stated that for her and team, the cost of acquiring a new customer overtime is the biggest metric. They look out for businesses, products, or solutions that the cost of acquiring a new customer over time can become zero or close to zero. Market-creating innovations are considered more favourably to investors and these are solutions built for previously underserved markets where you can be the first or only solution in the market or you are building solutions in a new way. Drawing from her experience leading the investment team at Ventures Platform she has learnt that being able to sell yourself, showing confidence, knowing details of your business and industry and great presentation are good tips for women to improve their chances of funding. Sharing her experiences around rejection and failure, Miishe Addy talked about the lessons in rejection. According to her, in negative feedback lies insights about your business and also opportunities for your business.
The speakers at the conference also discussed how early-stage startups can handle legal complexities. They spoke about the challenges faced by female founders and how to overcome these challenges. They also discussed how to balance mental health and work.
Other speakers at the event included Nissi Madu, managing partner at CcHub; Kristin Wilson, venture partner at Oui Capital and CSO at Spurt; Ifeoma Nwobu, co-founder and COO at Sendstack; and a host of other prestigious leading female entrepreneurs.
The event closed with the PitchHer competition for startup founders to sell their ideas to a panel of judges and stand a chance to win ₦1.5m. Three-minute pitches were presented by Lawretta Egba, CEO of Mustard Insights; Chinwe Udo-Davis, CEO and co-founder of Instollar, Dr Kieva Chris-Amusan CEO of Fertitude, Rhoda Orovwiroro co-founder of Helgg, and Morayo Ojikutu, CEO of Flow. The winning pitch was from Morayo Ojikutu who introduced Flow—a learning platform for children— to the audience and bagged her organisation ₦1.5million. The PitchHer competition this year was sponsored by Archangel Fund which invests in technology-based startups.
Next year, Wetech will be celebrating “5 Years of Women Redefining Technology and Entrepreneurship” on September 20–21, 2024. The vision is to expand the conference adding interactive workshops and career fairs.
Doha, Qatar – December 18, 2023 – Web Summit Qatar, in a new collaboration with The FutureList, announces an initiative to bring 100 of the most innovative early-stage African tech founders to the international stage. This initiative is part of Web Summit Qatar’s commitment to attracting founders from underrepresented regions to the Middle East and connecting them with global opportunities and resources.
Scheduled from February 26-29, 2024, at the Doha Exhibition and Convention Center (DECC), Web Summit Qatar is an extension of the globally renowned Web Summit series, events renowned for their influence and impact in the global tech landscape over the past decade. Joining the ranks of Web Summit in Lisbon, Web Summit Rio, Collision in Toronto, and RISE in Hong Kong that collectively host 140,000 attendees every year, this new event in Doha promises to be a landmark in the tech world, and is poised to be a pivotal event for entrepreneurs, investors, and leaders, offering an array of speakers, networking opportunities, and state-of-the-art event experiences.
Web Summit Qatar aims to connect a new generation of founders from the Middle East, Africa, and beyond with unparalleled opportunities. The event is expected to host over 7,500 attendees, including a diverse mix of over 600 startups, 300 investors, and dozens of thought leaders and speakers. To ensure that the startup delegates represent a global mix Web Summit Qatar will be partnering with The FutureList to help identify 100 African startups to attend and exhibit at their event, free of charge, with complimentary accommodation throughout the summit. Web Summit Qatar’s partnership with the State of Qatar and the implementation of the Hayya card will make it a visa-free event for all participants, which presents a great opportunity to include more delegates from Africa who were mostly left underrepresented at Web Summit’s global events due to visa issues.
The FutureList is a global innovation discovery platform, with a research team and network of Innovation Scouts based around the world. They have a strong presence in the African ecosystem, having already profiled and engaged with founders of thousands of the early-stage technology startups emerging from leading hubs across the region such as Lagos, Cape Town, Nairobi and Cairo, among others.
For the 100 African startups selected by The FutureList and confirmed by the Web Summit Qatar team, each will receive a comprehensive benefits package including at least three three-day event passes, one-day exhibition space, eligibility for startup activations like the PITCH competition, company branding on Web Summit platforms, exclusive access to the Startup Lounge, use of the Web Summit apps for networking and scheduling, guidance from a startup success manager, and complimentary hotel accommodation from February 26th to 29th.
The FutureList will be curating a list to share with Web Summit for final review to confirm which startups will access these benefits. African startups interested in applying for this opportunity can learn more and register here before 15 January.
Dogecoin (DOGE) surged by more than 100x in the last bull run to become the memecoin king. However, it is facing tough competition from a new player in town — Meme Moguls (MGLS). This new memecoin has more utility than Dogecoin, and it is quickly gaining popularity during the presale event. The big question on everyone’s mind: just how high can Meme Moguls go? Let’s try to find out.
Dogecoin (DOGE) is THE original memecoin that started this whole craze in the cryptocurrency world. It was created as nothing more than a bit of fun, with a Shiba Inu dog as its mascot and the iconic phrase “much wow” associated with it.
Although it initially struggled to gain traction and was often ridiculed by more serious investors, Dogecoin has surged in the last two bull runs. 2021 saw it reach a market cap of over $80 billion as Elon Musk “shilled” it on Twitter, and it gained mainstream attention. But what does the future hold for Dogecoin and its utility in the next few years?
It is clear that Dogecoin’s current value is purely speculative and has no real utility beyond being a memecoin. There is nothing inherently wrong with this, as community spirit is a big part of cryptocurrency, and the fun aspect attracts many investors.
However, Elon Musk has played a huge part in pumping the price with his tweets. What if he suddenly decides to stop promoting Dogecoin or shifts his focus to another memecoin? This could cause a significant drop in value, and without any real use cases, it may struggle to recover.
The other side of this argument would say that Elon Musk is the most powerful man in the world, and he may choose to adopt Dogecoin as a form of payment for his companies, such as Tesla or SpaceX. This would instantly give it real-world utility and potentially skyrocket its value.
Will Dogecoin (DOGE) Pump In 2024?
The price of Dogecoin has dropped 87% from its all-time high, now sitting at just $0.073 due to a bear market that caused retail traders to lose interest. All is not lost for holders as the climb from $0.057 in the last six weeks shows a partial recovery.
The question now is whether Dogecoin will experience another bull run similar to the one we saw in 2021. The answer largely depends on whether Musk continues to support the memecoin and if it can establish any real-world utility.
The chart highlights that the $0.10 area is the next key resistance level that needs to be broken before a bigger run can begin. However, analysts note that Dogecoin may fail to return to the all-time high of $0.73 as there are newer memecoins with more utility that are gaining traction.
Meme Moguls stands out as the most promising memecoin in terms of utility. It offers a virtual trading platform, staking opportunities, game rewards, and even governance participation through its MGLS token.
Meme Moguls (MGLS): A New Era Memecoin with Real Utility and Rewards
Meme Moguls reinvents the financial education concept with its play-to-earn (P2E) structure that rewards players with MGLS tokens for learning about trading, staking, and investing.
In this virtual investment world, players kick off with a $100,000 virtual budget to craft and oversee their portfolios, gaining knowledge from seasoned traders, honing effective strategies, and aiming for the pinnacle of the Wealth Leaderboard.
<blockquote class=”twitter-tweet”><p lang=”en” dir=”ltr”>MOGULS!! 🔥<br><br>Are you ready to change the landscape? 🧑🌾 With one of the biggest airdrops of 2024 👀 Get ready!! <a href=”https://twitter.com/search?q=%24MGLS&src=ctag&ref_src=twsrc%5Etfw”>$MGLS</a> Farming. Coming soon… <a href=”https://t.co/9UPUeV5klt”>pic.twitter.com/9UPUeV5klt</a></p>— Meme Moguls (@meme_moguls) <a href=”https://twitter.com/meme_moguls/status/1733077444930703567?ref_src=twsrc%5Etfw”>December 8, 2023</a></blockquote> <script async src=”https://platform.twitter.com/widgets.js” charset=”utf-8″></script>
The platform encourages social interaction and friendly competition. Users can dive into various contests or even organize private leagues, pitting their investment skills against peers, friends, or family. A standout feature, “Beat the Market,” challenges players to surpass the performance of major indexes like the S&P 500.
Central to Meme Moguls’ vast array of features is the MGLS token. This multifunctional token serves as the cornerstone for in-game purchases, and it’s a motivational tool for players to stay engaged and deepen their investment knowledge. Holding MGLS also includes staking rewards, governance participation, and access to special platform features.
The presale event, currently in its initial stage, offers MGLS tokens at a compelling price of $0.0021 before it rises in subsequent stages. Early buyers also benefit from a 30% bonus on their purchases, so it’s the perfect time to join the Meme Moguls community and grab some MGLS tokens.
So how high can Meme Moguls go? Analysts note that MGLS has a market cap of $6.3m, a fraction of the total memecoin market cap of $24b today. Therefore, 100x growth is feasible as the project gains traction and launches on major exchanges.
itel Launches itel P55T Smartphone with Android 14 Go Edition and Long-Lasting Battery
itel, a global leader in affordable and high-quality consumer electronics, is thrilled to introduce the groundbreaking itel P55T smartphone, featuring the advanced Android 14 Go edition operating system. This collaboration with Google and UNISOC marks a historic release, bringing the latest Android (Go edition) features to both existing and new customers in Nigeria.
Key Features of itel P55T
Optimized Android 14 (Go Edition)
itel P55T users will enjoy seamless access to a range of Google services and applications optimized for budget-friendly devices.
itel Launches itel P55T Smartphone with Android 14 Go Edition and Long-Lasting Battery
The Android 14 (Go edition) ensures efficient use of resources, catering to devices with limited storage and processing capabilities.
Massive 6000mAh Battery
The itel P55T sets a new standard with its robust 6,000mAh battery, promising an exceptional 45 days of standby time. Users can indulge in 155 hours of uninterrupted music playback, 30 hours on WhatsApp, and 19 hours on Facebook.
itel Launches itel P55T Smartphone with Android 14 Go Edition and Long-Lasting Battery
The 18W PowerCharge offers efficient charging with three distinct charging modes, delivering on the promise of ‘more power, more fun!’
Generous Memory and Captivating Display
Enjoy ample storage with the P55T’s 128+8GB*GB Big Memory.
Immerse yourself in a captivating visual experience with the 90Hz 6.56” Punch-hole screen.
itel Launches itel P55T Smartphone with Android 14 Go Edition and Long-Lasting Battery
Capture stunning moments with the cutting-edge 50MP AI Clear Camera.
Type-C Port and Sleek Design
Stay connected with the convenience of a type-C port. Experience a sleek and lightweight design that enhances overall usability.
itel Launches itel P55T Smartphone with Android 14 Go Edition and Long-Lasting Battery
Stunning Variants
Choose from three stunning variants – Astral Purple, Astral Gold, and Astral Black – to suit your style.
itel Launches itel P55T Smartphone with Android 14 Go Edition and Long-Lasting Battery
The itel P55T Is Affordable Innovation
itel’s P55T launch represents a significant leap in delivering state-of-the-art mobile experiences to users in Nigeria. The seamless integration of itel’s affordability with the cutting-edge Android 14 (Go edition) software ensures users can expect an unparalleled smartphone encounter that combines performance and functionality without compromise.
Experience the future of budget-friendly smartphones with itel’s P55T – where power meets affordability.
In a blaze of excitement, Meme Moguls take center stage as BONK coin experiences an astounding surge. The burning question now lingers: How far can Meme Moguls go in light of this surge seeing that expert prediction right off the bat for MGLS token is pegged at 1000% ROI post launch.
Meme Moguls (MGLS) Fuels the Flames of BONK Coin’s Surge
Step into Meme Moguls (MGLS), where memes and crypto seamlessly converge in nuanced manner. In recent times, memes have emerged as a delightful form of pop culture expression online, and have certainly made the social media experience a lot more easy on the eye.
Meme Moguls, from all indications, aims to join in on the excitement. It is set to beat other meme tokens like Pepe and Shiba Inu and according to Statista, meme tokens were worth $2.3 billion in 2020. The 2025 projection suggests an estimated worth of $6.1 billion and Meme Moguls is poised to be a large part of that pie.
Additionally, Meme Moguls is built on the Ethereum blockchain. The premise of the project isn’t just about trading tokens; it’s a place to play, trade, and chat with others. Users would be part of a community earning NFTs and MGLS tokens.
Likewise, Meme Moguls plans to have a varied ecosystem to meet different users’ interests. One of such is the Moguls Casino, a vital part of the Meme Moguls ecosystem, bringing meme-based assets and tokens into the mix, while providing diverse gaming experiences.
<blockquote class=”twitter-tweet”><p lang=”en” dir=”ltr”>MOGULS!! 🔥<br><br>Are you ready to change the landscape? 🧑🌾 With one of the biggest airdrops of 2024 👀 Get ready!! <a href=”https://twitter.com/search?q=%24MGLS&src=ctag&ref_src=twsrc%5Etfw”>$MGLS</a> Farming. Coming soon… <a href=”https://t.co/9UPUeV5klt”>pic.twitter.com/9UPUeV5klt</a></p>— Meme Moguls (@meme_moguls) <a href=”https://twitter.com/meme_moguls/status/1733077444930703567?ref_src=twsrc%5Etfw”>December 8, 2023</a></blockquote> <script async src=”https://platform.twitter.com/widgets.js” charset=”utf-8″></script>
Furthermore, there’s Mogul Land, a Metaverse space where users can mine tokens, participate in liquidity pools, and engage in staking activities. With the potential for 10X growth post launch, Meme Moguls emerges as a noteworthy altcoin project to monitor as we approach the new year, earning its place among the top crypto to buy.
BONK Takes Good Push From Solana
Bonk (BONK), a Shiba Inu-inspired coin riding on Solana’s wave, is making waves of its own. Since its launch in December 2022, Bonk has swiftly integrated into Solana projects and NFT platforms, fueled by the combined forces of Solana’s resurgence, meme coin fever, and an enthusiastic project community.
Backed by a team of 22 seasoned Solana builders, Bonk coin has gained traction, attracting a dedicated community that actively champions the token. The recent surge in trading volume and futures open interest indicates a growing frenzy around the Bonk phenomenon.
It’s not just Bonk that’s on the rise; Solana itself is climbing the market ranks, with its coin SOL securing the sixth position in terms of market value. The broader interest in Solana has played a role in Bonk coin’s success, especially amidst the aftermath of FTX’s crypto exchange hiccup. Solana, along with its associated tokens, has displayed resilience, defying expectations of a downturn amid the FTX and Sam Bankman-Fried controversy.
Both coins have the potential to get you on your way to the moon, there’s quite a bit of bias on the Meme Moguls end as the favored meme project for the next year, and is worth looking into. Question is, how far can it go?
For more information about the Meme Moguls (MGLS) presale:
Meta title: Meme Moguls Ignites BONK Coin’s Surge: A Deep Dive into Its Potential
Meta Description: Explore how Meme Moguls (MGLS) fuels the surge of BONK Coin and unravel the dynamics behind this fiery ascent. Delve into the exploration of how far BONK Coin can go in the dynamic world of cryptocurrencies.
Traders and crypto lovers are scanning the market as they look for the best coins to invest in for the bull market. They include Shiba Inu, Pullix, and Avalanche, read on to find out why analysts tip them for the biggest earning tokens in the bull market.
Shiba Inu (SHIB) Has A Major Resistance At $0.000016, Says Analyst Ali
In a recent post on X, the popular analyst Ali Martinez mentioned the Shiba Inu (SHIB) recent price growth in recent months. Ali observed a 55% increase in the Shiba Inu price over the past three months. This indicated a strong upward momentum.
The Shiba Inu price increase has been linked to an increase that began in late October and early November 2023. Nonetheless, Ali identified a major price barrier for the Shiba Inu coin, which is around $0.000016.
Over 90,000 addresses have bought 422+ trillion SHIB tokens above this level. If there is a broad sell-off at this price point, the Shiba Inu’s price may fall. On the other hand, if there is no huge sell-off, the Shiba Inu coin could continue its upward trend to $0.00002.
Avalanche (AVAX) Announces Retirement of Avalanche Web Wallet
The cryptocurrency market faced a setback on Monday, wiping off over $83 billion in market capitalization. Nonetheless, AVAX managed to weather the storm. After hitting a yearly low of $8.70 on September 25th, the Avalanche crypto price price has surged by approximately 400%, reaching $34.87.
The platform’s latest $213 million token unlock did not affect the token’s price momentum. There has also been a surge in trading activity in recent weeks. Furthermore, the platform’s staking rewards have brought hope to the Avalanche crypto market.
Recently, Ava Labs announced the retirement of the Avalanche Web Wallet on January 23rd. The aim is to pave the way for the advanced AVAX staking-focused Core Wallet to improve user experience. Analysts have foreseen a 20x rally in a bull market.
Pullix (PLX) Offers Crypto Traders Access To Diverse Assets
Pullix (PLX) has introduced a user-friendly trading platform allowing individuals to exchange various assets. Commodities, stocks, digital assets, and other derivatives will be available on the exchange. Thus, the need to maintain several accounts on various platforms will be eliminated. Cryptocurrencies can also be used as collateral for over-the-counter (OTC) derivative trading.
The platform’s anonymous trading feature is another intriguing feature. Pullix, unlike many other platforms, does not require users to go through the Know Your Customer (KYC) process while registering. Pullix has also launched its own native coin PLX, the currency has the potential to become one of the market’s top DeFi coins.
This coin is crucial to the cryptocurrency world’s “Trade-to-Earn” idea. Traders can use the token to engage in trade operations like buying, selling, and swapping different assets. The platform also provides trading challenges that users may participate in to gain extra money.
Pullix’s platform is scheduled to become available to all users in the first quarter of 2024. The PLX token is now worth $0.042. Experts predict a big influx of users due to Pullix’s multiple features and native token. As a result, they forecast that Pullix will climb 580% and become one of the top DeFi coins in the crypto industry.
Conclusion
Shiba Inu, Pullix, and Avalanche have been tipped as the best coins to invest in in a bull season. Since Pullix is in its presale phase with a low market cap, it has the potential to record greater gains than more established cryptos.
For more information regarding Pullix’s presale see links below:
Low transaction fees: 
