Rack Centre, West Africa’s Best-connected Carrier and Cloud neutral data centre has launched a sustainability initiative to train artisans from its host community to be involved in the building of LGS2, a new best-in-class data centre in Lagos, Nigeria.

The new build will enhance and broaden the capacity of the company to serve more clients in Nigeria. Located in Oregun, the heart of Ikeja, with easy access to the main commercial areas of Lagos, the new data centre is situated on a 20,000 square metres green field site and sits at over 30 meters above sea level. With this expansion, Rack Centre would have an increased IT load of 13.5MW in its Lagos facility.

The empowerment initiative, which is in line with Rack Centre’s commitment to sustainable development and social impact, will provide artisans with the skills and training they need to work on the construction of LGS2 and empower them to be involved in world-class construction projects.

The programme will engage carpenters, masons, plumbers amongst others and it will cover a wide range of topics such as safety, construction techniques, and the use of specialized equipment.

“We are committed to supporting the sustainable development of our host communities,” said Ezekiel Egboye, Chief Operating Officer of Rack Centre. He further stated that, “This initiative is a great way to provide local artisans with the skills and training they need to work on the construction of LGS2, while also creating jobs and opportunities for community members. It will also provide artisans with the opportunity to gain valuable experience working on a major construction project, thereby making them more competitive in the job market and increasing their earning potential.”

The training program is expected to start in October 2023 and will run for the next nine months. Upon completion of the programme, the artisans will be awarded certificates and will be eligible to work on the construction of LGS2. Upon completion, the new build will help expand the company’s capacity tenfold and consolidate its leadership as a major digital infrastructure hub in West Africa.

Rack Centre’s rich ecosystem includes 65 telecommunication carriers, Internet Service Providers (ISPs), global Tier 1 networks, and pan Africa international carriers, including direct interconnections to all major subsea cables serving the South Atlantic Coast of Africa including Equiano and in the foreseeable future 2Africa, and every country on the Atlantic coast of Africa.

About Rack Centre

Rack Centre is West Africa’s Best-connected Carrier and Cloud neutral data centre. Established in 2012, the company provides best-in-class data centre colocation services and free interconnection between carriers and customers. Knowing this gives customers a technically superior, physically more secure, and lower-cost environment for their information systems.

The Carrier and Cloud neutrality advantage allows customers to manage traffic to get better value, lower latency, and higher resilience and creates an open market for partnerships between customers, networks, cloud and content providers, the Internet Exchange Point of Nigeria, the African Interconnection Exchange and managed service providers. 

For more information, visit https://rack-centre.com/

For Media Enquiries-

Frances Eza

Head, Marketing and Communications

Rack Centre

frances.eza@rack-centre.com

M:+234 91 393 17 946 | T:+234 1 700 5515

Migrating to an entirely new country can be challenging. These hurdles could range from financial constraints to adapting to a new environment and culture shock. To this end, the Africhange Foundation has been launched to help African immigrants on their journey. As an immigrant-owned organization, Africhange Foundation understands the challenges it takes to pursue your dream in a country different from yours and they hope to level the playing field for African immigrants across the globe.

As a non-profit organization, supporting students in higher institutions abroad is part of our focus. Because pursuing education knows no boundaries, the journey for students seeking knowledge abroad is characterized by financial constraints and challenges. 

Recognizing these obstacles, Africhange Foundation, a shining beacon of social responsibility under Africhange Technologies LTD, is excited to roll out its flagship program – Africhange Foundation Student Support Grant. This initiative seeks to illuminate the path to success for 20 Nigerian students in either Canada or Australia by offering them an invaluable grant of $2,500(CAD) each. Additionally, it aims to alleviate these burdens and foster a thriving community of Nigerian scholars, united by their shared passion for learning and growth.

This flagship program serves as a testament to Africhange Technologies LTD’s commitment to nurturing talent and investing in the future of the continent. It is worthy to state that the grant is not merely financial assistance but a lifeline for students who dare to dream beyond borders. 

With this grant, recipients will have the means to access educational resources, cover essential living expenses, and propel themselves toward academic excellence. More than just a financial boost, it’s a vote of confidence in their potential to shape a brighter future for themselves and their communities.

Applying for the Africhange Foundation Student Support Grant

Applications for the Africhange Foundation Student Support Grant have officially kicked off and entries will be accepted until the 20th of October 2023. 

Interested applicants do not have to be users of Africhange. However, being one comes with several advantages. Kindly note that Africhange is Africa’s foremost remittance platform that facilitates the remittance of funds between the continent and countries such as Canada, Nigeria, Australia, Ghana, Kenya and other African countries..

Applicants can follow this LINK or visit foundation.africhange.com to apply.

All grants will be issued on the 31st of October 2023.

Eligibility for the Africhange Foundation Student Support Grant

To apply and qualify for the Africhange Foundation Student Support Grant, applicants must meet all of the following conditions:

• Be of Nigerian descent and must be between the ages of 18 and 35.
• You must be studying in either Australia or Canada. Interested applicants who hold admission to any of the universities or colleges in these countries are also encouraged to apply.
• Show some level of commitment and be willing to undergo verification checks.
• Meet necessary academic requirements. This includes maintaining excellent academic grades or having a C.G.P.A. of second-class lower and above. Grades below these would not be accepted.
• Submit all applications and supporting documents no later than 11:59 P.M. UTC on the 20th of October 2023.

Multigate, a licensed financial services platform company that delivers secure and innovative digital solutions to address the complex financial needs of corporates and financial institutions, has been granted a Money Remittance Business license by the Bank of Uganda and an International Money Transfer Operator (IMTO) license from the Central Bank of Nigeria. The attainment of the licenses marks another significant milestone in Multigate’s commitment to deliver innovative digital solutions governed by leading regulatory and security standards. These Money Remittance Business licenses are in addition to Multigate’s Money Services Business (MSB) registration with the Canadian FINTRAC.

“The acquisition of a Money Remittance Business licenses from the Bank of Uganda and from the Central Bank of Nigeria, following the same from Canada, further strengthens our position as a trusted solutions provider that takes regulations seriously. We thank the Bank of Uganda and Nigeria for the diligent and rigorous review process they took us through to ensure we met all requirements. The remittance industry is crucial in advancing Africa’s economy and enhancing African organisations’ regional and global trade. With these licenses, we are excited and prepared to expand our cross-border payment solution to our valued clients and partners in Uganda and Nigeria.” said Eghosa Nehikhare, CEO of Multigate.

Multigate’s cross-border payment solutions allow Banking Financial Institutions (BFIs) and Non-Banking Financial Institutions (NBFIs) to execute real-time international payments using local currencies. Over the last few months, Multigate acquired several regulatory licenses and certifications that align with its mission to deliver solutions governed by leading regulatory and security standards.

In 2023 alone, Multigate became the first Pan-African-based technology company to be certified as a SWIFT Lite2 Business Application Provider (L2BA), with ISO 20000, 22301, and 27001 certifications. In a press statement in July 2023, Eghosa Nehikhare said, “…these certificates showcase our willingness to invest upfront in the quality of service, ensuring our products are reliable, and our dedication to service management, business continuity, and information security. These certifications underline the company’s commitment to delivering high-quality services, effectively managing risks, and safeguarding sensitive information”.

According to data from the World Bank, remittances contributed approximately $ 20 bn to Nigeria and $ 1.1 bn to Uganda in 2022. Whilst Nigeria accounts for 38% of remittances in Sub-Saharan Africa, it is predicted that Uganda’s remittance growth rate will double that of Nigeria. Uganda has a thriving economy and growing diaspora population, which present immense opportunities for the remittance sector in the country.

ABOUT MULTIGATE

· Founded in 2017, Multigate is a digital financial services platform that delivers innovative solutions to address complex financial needs for organisations trading in African markets.

· Our innovative digital solutions include:

o Cross-Border Payment Solution

o FX Conversion Solution

o Multi-Bank Connector Solution

o Automated Reconciliation Solution

· We operate in the United Kingdom, Canada, and Sub-Saharan Africa.

· Our vision is to advance Africa’s economy by enabling seamless and instant transactions for organisations in African markets trading regionally and globally.

· Visit https://www.multigate.io/ for further details.

CONTACT DETAILS

· Sophie Masipa, sophie@multigate.io

Some 48 hours ago, we got information that there were active accounts/wallets on our OPay app, which the owners alleged had been created without their knowledge and/or consent. We had then immediately commenced an investigation to determine the authenticity of these claims as all OPay wallets are adequately registered in line with regulatory requirements.

Based on our investigation, we discovered that these accounts were indeed opened by the owners at different times, but generally, between 2019/2020. When contacted by our team, some of the individuals have, however, claimed not to remember whether/when they opened the account. At least four of the complaints received via social media have been checked, and all four of them have been contacted to resolve the concerns raised.

It is imperative to note that some of these accounts have had no balance in them since they were opened. As a law-abiding, strictly regulated entity, we have unquivocally inquired of these individuals if they would like to retain the accounts, and we obliged based on their responses.

I would like to say that the OPay wallet can only be opened through the CBN-established registration process which requires the input of an OTP authentication (one-time password) and ID authentication from the user’s phone to proceed. It is also important to note that OPay has never created (nor does it operate) any account on behalf of any individual.

On a final note, we would like to encourage any individual with similar concerns to contact us via any of our official channels, and the issues will be resolved promptly. As a brand, we place utmost priority on our customers’ needs and pride ourselves as a regulatory-compliant organization.

Adekunle Adeyemi, Head of Marketing OPay Digital Services Limited.

Oraimo, Africa’s No. 1 Smart accessories brand, has once again made its mark by being listed among the top 100 most innovative brands in the continent. Brand Africa, in collaboration with Geopoll, Kantar, and Brand Leadership, recently published the Brand Africa 100 2023. The report presents the most comprehensive ranking of the most admired brands across the African continent. The inclusion of Mobile accessories Giant, oraimo; reiterates the company’s commitment to pushing technological boundaries and delivering cutting-edge products to its customers.

With a massive global reach spanning 60+ countries and a wide range of product portfolios, one of the key factors that set oraimo apart from its competitors is its tenacity in developing exclusive technologies that enhance the user experience. Two notable examples are Anifast^TM and Heavybass. Anifast^TM technology ensures fast and efficient charging, allowing users to power up their devices in no time. On the other hand, Heavybass technology delivers immersive sound quality, elevating the audio experience to new heights. 

By consistently investing in research and development, oraimo continues to introduce groundbreaking products that cater to the evolving needs of tech-savvy consumers. The brand’s dedication to innovation has not only earned them a prominent place in the global market but also solidified their position as a leader in Africa’s Mobile technology industry.

The company is devoted to offering high-quality products that will stand the test of time to a diversified consumer base in the mobile accessories market. Recently, the company upgraded most of its devices with improved product designs, longer battery life, and a larger voltage range in power. It has AniShield Technology for unstable power and Multi-Protection, establishing the brand as a market leader in offering cutting-edge products.

Oraimo Nigeria has received several honors, including Africa’s Best Mobile Product Company Support of Fintech Services in 2021 and The Red Dot Award 2023. CNET recommends the oraimo Circlet as the best jogging earphones for 2023. The renowned iF Design International Award in the Product Design category 2022 went to oraimo’s FreePods Pro, which beat off almost 11,000 other companies and products from 57 different nations.

One of oraimo’s standout offerings, the oraimo FreePods, has garnered immense popularity in the market. With an impressive sales record of around 2 million pieces, these wireless earbuds have revolutionized the audio experience for countless users worldwide. The sleek design, superior sound quality, and seamless connectivity make them a favourite choice for music enthusiasts and tech-savvy individuals alike.

Additionally, oraimo’s power banks have also made a significant impact on consumers. With over 8.5 million units sold in recent years, these power banks have established themselves as reliable companions for those constantly on the go. Their durability, high-capacity charging capabilities, and compatibility with various devices have solidified oraimo’s position as a leader in this space.

Furthermore, the brand has a strong presence on the international scene; its wearable technology is unmatched globally. Its smartwatches have gained popularity for their sleek designs and advanced features. Their commitment to innovation has resulted in being recognized as the number one choice for true wireless stereo (TWS) solutions and smartwatches.

The oraimo e-shop sells unique oraimo items, provides door-to-door delivery, and offers exclusive discounts to loyal consumers. In collaboration with Africa’s largest after-sales service centre, Carlcare, the brand also offers a one-year guarantee on its products and has a return policy for product defects.

Whether it’s through their impressive innovative product range or their commitment to customer satisfaction, oraimo continues to make waves in the industry. As they push forward with their innovative approach and trailblazing technologies, consumers can expect nothing less than exceptional quality and unparalleled performance from this remarkable brand. As the brand expands its product portfolio and strengthens its presence across various markets, trusted by over 200 million users, customers can expect even more exciting advancements that will further revolutionize their tech experience. With oraimo at the forefront of innovation, it is clear why they have secured their spot among the world’s most forward-thinking brands.

OurPass is changing the way business owners and entrepreneurs experience banking by building a bank that offers businesses a more convenient, affordable, and tailored experience.

Nigeria is one of the fastest-growing economies in Africa, with a young and industrious population, leading to a surge in micro, small, and medium enterprises (MSMEs) comprising 96% of all businesses in the country. However, it can be challenging to start and grow a successful business in Nigeria despite its potential. That’s why 80% of businesses fail or shut down in the first three years.

OurPass is playing an important role in ensuring that MSMEs reach their full potential by addressing the significant challenges they face, which are access to funding and tools to help them manage their business efficiently.

Challenges facing business banking

When starting a business, owners typically look to provide customers with the best products and services in the simplest and fastest way and at the lowest cost. On the other hand, there are a few things customers look out for. In addition to good offerings, they check how credible the business is. They also expect high-speed services, seamless touchpoints, and modernised methods. 

Business owners look to their banks to provide them with the right tools to ensure they carry out operations smoothly and provide a great experience for their customers. But for many banks, their processes are cumbersome and do not favour many business owners, especially as business needs differ.

For businesses looking to scale, access to affordable financing is one of their biggest challenges. Many lenders prefer to deal with established firms. One of the reasons is that poor record keeping and lack of structure, which are peculiar to growing businesses, make it harder to ascertain their creditworthiness. 

Start, grow, and scale your business with OurPass.

What distinguishes OurPass is that it is the digital bank dedicated to businesses, especially small and medium-sized businesses, mom-and-pop shops, and entrepreneurs just starting out or looking to scale. OurPass has developed an array of services that make banking easier for them and help tackle the challenges that threaten their existence.

Starting with the issue of credibility, which is paramount for MSMEs, OurPass has removed the hurdles associated with getting a bank account in your business name, making their business more appealing to customers and investors. With OurPass, business owners can separate their personal and business finances and get a free business bank account to accept payments instantly.

OurPass also offers an array of fast payment channels, including reliable and easy-to-use POS machines. Beyond accepting local and international card payments, these terminals accept transfers, pay utility bills, and print receipts, helping businesses cater to a broader customer base.

With OurPass, everything happens in minutes, even getting access to funding. OurPass brands itself as the bank with the lowest business loan interest rates of 2% of up to N100,000,000 disbursed within minutes to help businesses start or scale. 

Business owners using OurPass also enjoy simple and smart tools that they can use to carry out daily operations – from free invoice generators that make payments faster and also keep a record of transactions to team management tools that simplify task management, and sub-business tools that help owners manage multiple outlets, tills, or employees in one place and in real-time. It’s a complete business banking package. 

In addition, OurPass also offers many unique perks. Business owners and individuals can get up to 15% interest on earnings when they opt for a fixed deposit account. They also get access to Overdrafts, so they never have to worry about low funds.

The challenges that businesses face are not new. OurPass acknowledges them and provides solutions that encompass the entire spectrum of business banking needs.

OurPass is trusted by businesses like Cold Stone, Dominos, Filmhouse, Payporte, Shoprite, Medplus, Flutterwave, and more. It caters to a wide range of industries, including food and beverage, retail, fashion, beauty, wellness, and lifestyle brands.

About OurPass

OurPass is a neo-bank built for businesses. With OurPass, business owners have all the tools to start, grow, and scale. You can open a business bank account in minutes, secure quick-pay business loans of up to N100,000,000 at 2% interest, and grow your savings with 15% interest on fixed deposits. You can also access tailored tools that tackle many business challenges and simplify operations all in one app. To get started with OurPass, download the app on Google Play and App Store. OurPass is fully licensed by CBN, and deposits are insured by NDIC.

Cryptocurrencies and blockchain technology have transformed the way we think about financial transactions. With the rise of digital currencies and decentralized ledgers, there has been an explosion in research surrounding this new field. As a result, several research firms have emerged as trusted voices in the world of crypto and blockchain. 

With the crypto market being notoriously volatile and difficult to predict, research firms provide valuable insights into market trends, emerging technologies, and potential regulatory changes. By analyzing data and trends in the blockchain and cryptocurrency space, these firms can provide information that can help clients make informed decisions and stay ahead of the curve.

When it comes to the services these research firms offer, they are wide-ranging and often tailored to the needs of their clients. Some firms specialize in analyzing specific cryptocurrencies or blockchain applications, while others focus on broader market trends and regulatory developments. 

In the rapidly evolving crypto industry, staying up-to-date on the latest research and trends is essential. A diverse range of individuals and organizations, including investors, traders, financial institutions, governments, and tech companies rely on the firms on this list for insights. Whether you are an investor, trader, or simply interested in learning more about the world of cryptocurrency and blockchain, the firms in this listicle are essential resources to have in your arsenal.

Table of Contents

Chainalysis

AI Media Lab

Delphi Digital

Nansen

Messari

The Block Research

Blockchain Research Institute

Crypto Research Report

CoinCenter

CoinMetrics

Crypto research firm cheatsheet

FAQ

Conclusion

Chainalysis

Chainalysis is a blockchain data analytics company that provides investigative software and data analysis services to financial institutions, governments, and law enforcement agencies. It specializes in tracing cryptocurrency transactions and identifying illicit activities such as money laundering, fraud, and terrorist financing, with an aim to reduce risk and increase transparency in the cryptocurrency market. 

In addition, Chainalysis market intelligence and research reports on blockchain trends and cryptocurrency adoption, and the firm’s research is often cited by media outlets.

Pros:

• Leading provider of blockchain data analytics and investigation services.
• Trusted by governments, financial institutions, and law enforcement agencies.
• Provides valuable insights into blockchain trends and cryptocurrency adoption through research reports.

Cons:

• The focus on compliance and regulation may not appeal to some in the crypto community.

AI Media Lab 

via AI Media Lab

AI Media Lab is starting with blockchain infrastructure research to build blockchain infrastructure solutions for public, private sector, and government clients, the company also began distributing information to individuals in the wake of the Covid-19 epidemic. 

Research on blockchain scalability, interoperability, and other technical aspects of the technology, along with developments in AI, is ongoing in North America and Asia.
While its research focuses on decentralized technologies, it has a library of 174 research papers on various technologies in the blockchain space.

Based on market analysis that applies the recently growing AI technology, technical analysis methods, and on-chain analysis, selected experts provide thorough information through three levels of investment decisions: long-term, medium-term, and short-term.

Pros:

• Boast the largest track record for specific stock analysis.
• Trusted by governments, financial institutions, and law enforcement agencies.
• For Asia, and especially for the Japanese, they are close to the only ones who will use the local language.

Cons:

• It may be too specific and difficult to understand if you want to get a bigger picture of the overall market.
• Fresh information can become stale so quickly that it must be followed over a long period of time.

Delphi Digital

A research and consulting firm that specializes in blockchain and cryptocurrency analysis, Delphi Digital provides institutional-grade research reports on cryptocurrencies, blockchain technologies, and market trends. The firm has produced over 800 market-wide reports to more than 2,000 institutional subscribers including a16z, Jump Crypto, Multicoin Capital, Hashed, and more.

The firm also offers consulting services for blockchain-based companies, investors, and traditional financial institutions seeking to enter the cryptocurrency market. Delphi Digital’s research and consulting services help clients navigate the complex world of blockchain and cryptocurrency.

Pros:

• Provides institutional-grade research and consulting services to clients.
• Offers valuable insights into market trends and cryptocurrency adoption.
• Has a team of 30+ experienced analysts and consultants with expertise in blockchain and cryptocurrency.

Cons:

• Their research reports are often geared toward institutional investors and may not be accessible to individual investors.
• Their consulting services may be expensive for some clients.

Nansen

Nansen is a blockchain analytics company that provides data-driven insights into the behavior of cryptocurrency users and investors. The platform offers real-time analytics, sentiment analysis, and market insights for a wide range of cryptocurrencies. 

The firm also provides research reports, on-chain insights, and analysis on market trends across DeFi, L1/L2, and NFTs, helping investors and traders make informed decisions.

Pros:

• Provides real-time analytics and sentiment analysis for a wide range of cryptocurrencies.
• Offers valuable insights into market trends and investment opportunities.
• Their platform is user-friendly and accessible to individual investors.

Cons:

• Their platform may not provide the same level of institutional-grade analysis as some other research firms.
• Their data-driven approach doesn’t factor in market sentiment and community trends.
• Their focus on individual investors may not appeal to larger institutional clients.

Messari

Messari is a research and data analytics firm that provides institutional-grade research and analysis on the cryptocurrency market. They offer a wide range of research reports, data feeds, and other tools for investors, traders, and financial institutions. 

The platform also offers a community-driven research platform that allows users to contribute research and analysis on specific cryptocurrencies and blockchain projects. The research reports run the gamut from web3, DeFi, and NFTs, to L1/L2, DAOs and macro trends in the crypto space. Messari raised $35 million in Series B from prominent web3 investors last year.

Pros:

• Offers a wide range of institutional-grade research and analysis tools for clients.
• Provides valuable insights into market trends and investment opportunities.
• The community-driven research platform allows for collaboration and crowdsourced analysis.

Cons:

• The research reports are geared toward institutional clients and may not be useful for individual investors.
• May be expensive for some clients.

The Block Research

The Block Research is a research and analysis firm that provides news, research, and analysis on the cryptocurrency market. It specializes in blockchain and cryptocurrency news coverage, market analysis, and research reports. The research pieces cover ecosystem maps, company profiles, and topics spanning DeFi, CBDCs, banking and markets.

For individual investors and institutional clients, the firm has launched The Block Pro, its new information platform hosting research produced by its team of in-house research analysts. 

Pros:

• Provides up-to-date news and analysis on the cryptocurrency market.
• Offers a wide range of research reports and analysis on blockchain projects and cryptocurrencies.
• Downloadable reports geared towards both institutional clients and individual investors.

Cons:

• All reports require paid access.

Blockchain Research Institute

A global think-tank that focuses on blockchain research and education, the Blockchain Research Institute conducts research on the strategic implications of blockchain for businesses, governments, and society at large. Their research covers topics such as supply chain management, identity, security, governance, and more. 

The Blockchain Research Institute’s reports and insights help clients understand the potential of blockchain and how it can transform industries. The firm also holds webinars and offers online courses for those interested in the implications of blockchain on different industries.

Pros:

• Provides thought leadership and insights on the strategic implications of blockchain.
• Covers a wide range of topics and industries.
• Offers monthly live webinars with global experts.

Cons:

• Its focus on the strategic implications of blockchain neglects the technical aspects of the technology.
• Its research may not be useful for individual investors.

Crypto Research Report

Crypto Research Report is a research firm that provides institutional-grade research reports on cryptocurrencies and blockchain technologies. Their research covers topics such as market trends, investment opportunities, and technical analysis. 

They also offer a range of data analytics tools and market intelligence services to help clients make informed investment decisions.

Pros:

• Institutional-grade research and analysis on cryptocurrencies and blockchain technologies.
• Offers a wide range of data analytics tools and market intelligence services.
• Their research reports are accessible to both institutional and individual investors.

Cons:

• Their analysis can be too technical and hard to understand for some.

CoinCenter

CoinCenter is a nonprofit research and advocacy center that focuses on cryptocurrency and blockchain policy issues. The firm engages in policy discussions and provides research on issues such as digital asset regulation, taxation, and privacy. 

CoinCenter’s advocacy work helps to promote the adoption of cryptocurrency and blockchain technology while protecting the interests of users and developers so that individuals can build and use free and open cryptocurrency networks. a16z general partner Balaji Srinivasan sits on its board of directors.

Pros:

• Engages in important policy discussions and advocacy work on cryptocurrency and blockchain issues.
• Provides valuable research on regulatory and policy issues.
• Promotes the adoption of cryptocurrency and blockchain technology while protecting user interests.

Cons:

• Research reports are not published regularly.
• Its nonprofit status may limit its ability to expand its research.

CoinMetrics

Founded in 2017 as an open-source project to determine the economic significance of public blockchains, CoinMetrics has expanded to become a provider of cryptocurrency market and network data. It also conducts original research deep diving into various crypto topics ranging from stablecoins to Bitcoin mining and more.

Additionally, CoinMetrics offers a suite of data analytics tools such as its blockchain search engine, Atlas, and market intelligence services to help clients make informed investment decisions. Its data feeds cover a wide range of cryptocurrencies and blockchain networks.

Pros:

• Free comprehensive weekly market reports.
• Conducts research on blockchain network activity and market trends.
• Data feeds and analytics tools are accessible to both institutional and individual investors.

Con:

• Research is geared towards individual investors and may not appeal to institutions.

The WIPO Nigeria Office (WNO), in collaboration with its implementing partner, The Orbra Company, is delighted to announce the selection of outstanding entrepreneurs and exceptional facilitators for the WIPO IP Labs program in Nigeria.

Launched in August 2023, innovators across Nigeria were invited to apply for a virtual incubation and acceleration program focused on leveraging intellectual property (IP) to drive business growth. Applications were evaluated based on criteria including viability, sustainability, IP potential, diversity, and local impact.

Participants

After a rigorous evaluation process, 56 innovators were chosen as participants, representing diverse industries, backgrounds and locations across Nigeria.

On being selected, the entrepreneurs expressed enthusiasm for the learning and growth opportunities provided by WIPO IP Labs. The program will equip them with knowledge and tools to transform their ideas into thriving businesses.

Selected Participants:

Facilitators

In addition, carefully selected industry experts will deliver training sessions and provide mentorship to participants. Their insights will be invaluable for equipping participants with the skills and knowledge needed to effectively leverage IP and develop viable businesses.

List of Facilitators:

1. KAYODE OYEWOLE – Co-founder, Talstack
2. UKINEBO DARE – Mastercard Foundation
3. OLOLADE OTAYEMI – CEO at The Orbra Company
4. JANE ODOWONDO – People Manager, Telesoftas
5. JULIANA OBOH-JOSEPH – WIPO Nigeria Office
6. MARIA HAMPTON – President, Elevate Ent. System. USA
7. ‘LAMIDE JOHNSON – Storyteller, UK
8. MIMSHACH OBIOHA – CEO, Nigeria at Telesoftas
9. OLADIWURA OLADEPO – ED Tech4Dev
10. STEPHEN TILLMAN – Global Partnership at Google

Program Overview

From September to December 2023, participants will benefit from tailored coaching with the program conducted in two stages:

Stage 1: General mentoring on startup development, design thinking, pitching, and IP introduction

Stage 2: Incubation, acceleration and IP Management Clinics to help participants leverage IP protection for business growth

Facilitator-led workshops, hands-on activities, and mentorship sessions will provide both theoretical learning and practical application. Participants will also be able to network with investors and industry veterans to forge connections that catalyze their entrepreneurial growth.

The WIPO IP Labs program represents a unique opportunity for individuals and teams to gain business acumen, refine their ideas, and bring impactful products and services to life.

WIPO congratulates the selected participants and looks forward to supporting their startup journeys. The future shines bright for those leveraging IP to drive solutions made in Nigeria, for Nigeria, and beyond!

For more information about the program, please visit the WIPO Nigeria website

Fast Credit, a leading player in the Fintech industry, is pleased to announce the successful maturity payout of its Series 1 Commercial Paper to investors. The company fulfilled its financial commitment, providing investors with a lucrative return on their investment. 

Fast Credit issued the Series 1 Commercial Paper as part of its strategic financing plan, offering an attractive investment opportunity to both institutional and individual investors. This issuance aimed to deepen its footprints in the market through its range of digital products and services for its financial inclusion drive, while also diversifying the company’s capital structure.

The Series 1 Commercial Paper offered competitive interest rates, making it an attractive choice for investors seeking short-term, low-risk investments. The maturity payout date, which was set at September 4, 2023, has now been reached, and investors have received their principal investment along with the agreed-upon interest.

Emeka Iloelunachi, CEO of Fast Credit, expressed gratitude to all investors for their trust and confidence in Fast Credit. “We are delighted to announce the successful maturity payout of our Series 1 Commercial Paper. This marks a significant milestone in our commitment to providing strong returns to our investors while meeting our financial objectives. We deeply appreciate the faith our investors have placed in us.”

The company remains committed to its ongoing growth and success and continues to explore innovative ways to raise capital while delivering value to shareholders.

More information can be found on our website: https://fastcredit-ng.com.

Taxes – the mere mention of the word can send shivers down the spine of individuals and businesses alike. From the labyrinthine tax codes to the dreaded tax deadlines, managing your tax obligations can often feel like a Herculean task. 

But what if there were a solution that made tax remittance as effortless as a click of a button? Enter TaxPal, an innovative platform that is revolutionizing the way individuals and organizations handle their tax responsibilities.

Tax Troubles in Lagos and Beyond

For anyone who has attempted remitting taxes of any kind in Nigeria, it’s clear that challenges abound. 

Businesses have had to battle with lengthy and unclear tax processes, the retrieval of tax receipts, a process that can take 1-2 weeks, and a cumbersome process that often involves tedious paperwork, complex calculations, and a high likelihood of errors, and long wait times due to system inefficiencies.

So, the journey of team TaxPal began with a simple observation: the process of paying taxes could be significantly streamlined and automated. 

“It was clear that there had to be a better way,” the product lead Ms Biyere reminisces.

TaxPal: Transforming Tax Remittance

With this conviction, TaxPal was born and launched its operations in Lagos, in September, 2023. TaxPal is not just a tax platform; it’s a lifeline for startups and companies looking to navigate the complex world of taxes with ease.

So, how does TaxPal work its magic?

At its core, TaxPal offers a user-friendly platform that streamlines the tedious government processes of tax remittance. It simplifies the process, eliminating delays and offering instant access to government receipts. TaxPal empowers users to take control of their tax responsibilities, saving them precious time, costs and effort.

But TaxPal doesn’t stop there. It’s not just about paying taxes; it’s about managing them comprehensively. The platform offers features like swift payment through peer-to-peer wallets, bill generation, instant receipt generation, and notifications to keep users informed every step of the way. Tax calculation and management are made more intuitive and efficient, thanks to TaxPal’s innovative approach.

A Vision for the Future

TaxPal’s ambitions extend far beyond Nigeria’s borders, aiming to revolutionise the tax landscape across the continent. While it has already significantly impacted thousands of businesses of all sizes operating in Nigeria and aims to cover all 36 states, TaxPal has its eyes set on a broader African expansion. The ultimate vision is to offer African businesses a seamless, user-friendly experience for tax remittances across significant tax categories. One of TaxPal’s standout features is its API-readiness making it easy to integrate TaxPal with multiple HR, Payroll, and Banking systems. This allows for effortless tax payments, from PAYE to other tax types. Moreover, instant tax remittance ensures that all transactions are transparent and traceable. And stay tuned – more groundbreaking features are in the works! These include one-click Pensions & NHF remittances, amongst others.

Connecting the Dots: TaxPal’s Impact

In a world where time is money, TaxPal emerges as a beacon of hope. It bridges the gap between taxpayers and the government, making remittance painless and efficient. The platform’s integrations with financial institutions to remit and provide official receipts to corporate organisations for taxes is just one example of its commitment to simplifying the process.

In a country where paying taxes is an ordeal, especially for startups and businesses, TaxPal offers a welcome reprieve for those navigating the complexities of taxation. With TaxPal, tax troubles are a thing of the past, and compliance with tax regulations becomes a breeze.

In response to the growing demand for alternative investment assets and a diversified portfolio  for investors, Nigeria’s first ethical investment platform, Altinvest, has announced the launch of  precious metal—Gold investment on its digital platform. 

A digital investment product of The Alternative Bank, the non-interest arm of Sterling Financial  Holding Company, Altinvest is known for offering its investors access to impact-focused  investment opportunities, all of which are focused on wealth creation, capital appreciation, and  supporting economic activities directed toward inclusion, growth, and development without  compromising their ethics. 

The new investment option is expected to be well-received by Altinvest app users as it avails  them a convenient way to diversify their investment portfolio by subscribing to this precious  metal that has historically kept its value over the years, ascertain their risks, and protect  invested funds from market volatility and downturn, especially when compared to other forms  of conventional investment instruments. 

Speaking during the launch in Lagos, Mohammed Yunusa, Director Digital Business and  Innovations, The Alternative Bank, remarked that the demand for a varied portfolio by its  consumers led to the inclusion of gold investment offerings in the array of Altinvest’s existing  portfolio. “We are thrilled to announce the availability of Gold on the Altinvest app,” he stated.  “It has become clear that more retail investors are drawn to the possibility of investing in gold  since it is low-risk and extremely profitable, and we have made this feasible by selling actual  physical gold that can be delivered to everyone when they need it at competitive rates and,  more importantly, securely on our Altinvest app. This exciting development reaffirms our  commitment to guiding our investors on the right track on this journey of building wealth  without compromising on their ethics or beliefs.” 

Also speaking at the event, Gbenga Awe, Group Head of Agric Finance & Solid Minerals, Sterling  Alternative Finance mentioned that “Gold, being the world’s oldest form of currency, is a great  addition to investment offerings for our customers, and by launching it on the digital platform,  we have made it simple to acquire and accessible to all with a smartphone device.” 

Awe further stated that “Our priority is to drive mass adoption of this commodity at affordable  ticket sizes. Unlike other investment platforms, you can acquire as little as 1 gram of gold at the  best rates on our digital investment app, Altinvest, and you will be issued a certificate of  ownership which gives you bragging rights as the proud owner of a piece of gold.” 

During the live demonstration of the app, it was stated that Altinvest also allows users to track  the performance of their gold investments in real time. Users can use this feature to track the  market value of their investments and make informed decisions about buying or selling. The  investment app was said to also provide a variety of additional investment alternatives, such as  Sukuk bonds and real estate investments, providing investors with a varied selection of  investment options to choose from.  

The Altinvest app is available for downloads on the Google Play Store and iOS Store on any  internet-enabled device.

Xiaomi has once again redefined the boundaries of smartphone technology with the launch of its latest marvel, the Xiaomi 13T. This innovative device brings together a remarkable blend of cutting-edge features that promise to revolutionize photography and performance for smartphone users worldwide. Let’s take a closer look at what makes the Xiaomi 13T a true masterpiece.

A Lens That Captures Humanity

At the heart of the Xiaomi 13T’s extraordinary camera system lies the exceptional 50MP humanistic lens, paired with a large sensor and a professional optical lens. What sets this camera apart is its 50mm humanistic portrait lens, designed to capture the intricate details and the true essence of human faces. Whether you’re taking a selfie or capturing a portrait, the Xiaomi 13T ensures that every shot is a masterpiece, with lifelike colors and stunning clarity.

But the innovation doesn’t stop there. The Xiaomi 13T is equipped with 4K ultra night video capabilities, taking low-light videography to the next level. Say farewell to grainy, poorly lit videos. With this feature, your nighttime videos come to life with vividness and precision, ensuring that every moment is captured in its true essence. The hyper IOS further enhances the video quality by stabilizing footage, eliminating shaky cam effects, and delivering professional-grade videos.

Built for Every Adventure

In today’s fast-paced world, our smartphones accompany us everywhere, from bustling cities to the great outdoors. With its IP68 rating, the Xiaomi 13T is your perfect companion, offering dust-tight and water-resistant protection against life’s unexpected challenges. Whether you’re caught in a sudden rain shower or exploring dusty terrains, this smartphone is built to endure.

Power and Speed Unleashed

Under the hood, the Xiaomi 13T is a performance powerhouse. It runs on the impressive Dimensity 8200-Ultra chipset, guaranteeing effortless multitasking and a seamless user experience. Whether you’re gaming, streaming, or running multiple apps simultaneously, this chipset ensures smooth operation and top-notch performance. Plus, it’s designed for energy efficiency, maximizing your battery life so you can stay connected throughout the day.

Speaking of battery life, the Xiaomi 13T boasts an impressive 5000mAh battery capacity, ensuring that you have ample power to fuel all your daily activities. And when it’s time to recharge, the 67W fast charging feature is there to save the day, swiftly replenishing your battery so you can get back to what matters most.

Conclusion

In the world of smartphones, the Xiaomi 13T stands out as a true masterpiece of innovation, bringing together groundbreaking features that redefine how we capture moments and experience performance. Whether you’re a photography enthusiast, a professional on the go, or simply someone who appreciates top-tier technology, the Xiaomi 13T has something for everyone.

Xiaomi’s commitment to making high-quality technology accessible to all is exemplified in the Xiaomi 13T. It’s not just a smartphone; it’s a testament to the brand’s dedication to pushing the boundaries of what’s possible.

The Xiaomi 13T is more than just a device; it’s an experience waiting to be explored. So, seize the opportunity and immerse yourself in the world of cutting-edge technology with the Xiaomi 13T. It’s a game-changer, and it’s available now to redefine your smartphone experience.

MAX, the leading mobility, and financial services subscription platform in Africa, announces the appointment of new executives to its global leadership team. The new appointments strengthen MAX’s position in the transport sector and advance its mission to reshape mobility in Africa and beyond. 

Board Member, David Hoyme: 

David Hoyme joins MAX’s Board of Directors, bringing deep industry knowledge and expertise. David leads MAX’s international growth and expansion across Africa. He also spearheads MAX’s electric mobility business, reinforcing the company’s dedication to sustainability and climate resilience. 

Chief Operating Officer (COO), Tolulope Thomas: 

Tolulope, a seasoned professional with 15 years of supply chain leadership experience, steps into the role of COO. Her decade-long journey at Jumia, including her role as CEO of Jumia Services and later CEO of Jumia Ghana, have equipped her to deliver profitability, efficiency, and product growth at MAX. Her leadership experience positions her to deliver operational excellence across all markets. 

Director of Enterprise & Strategic Partnerships, Femi Akin-Laguda: Femi Akin-Laguda, a proven expert in mobility scaleups, assumes a pivotal role as the Director of Enterprise & Strategic Partnerships. Femi’s expertise extends to recognizing and capitalizing on emerging opportunities within the mobility sector, a crucial asset for our growth ambitions. His strategic acumen, honed through years of experience with Bolt amongst others will be instrumental in forging key partnerships for MAX as well as positioning our company for robust international expansion.

General Manager (GM),Country Operations,Cameroon, Stephane Eboko: Stephane Eboko, with over 16 years of experience in urban innovation and sustainability, becomes the new GM of operations in Cameroon. Stephane holds strong entrepreneurial and corporate experiences at the nexus of clean energy, mobility, and urban technology. He’s worked in fast-growing startups and multinationals in Africa and Europe. Before joining MAX, he was a Product Manager in the Mobility Division of TotalEnergies, where he launched new mobility business lines globally. His passion for sustainability and innovative thinking will propel MAX to new heights. 

“We look forward to their valuable contributions in driving innovation and impact across Africa’s tech mobility sector,” said Adetayo Bamiduro, CEO/Co-founder of MAX. 

About MAX: 

MAX is a technology-enabled subscription platform that democratizes access to mobility and financial support services. Founded in 2015, MAX empowers mobility entrepreneurs by providing a comprehensive suite of solutions that promote safe and affordable work while minimizing environmental impact. MAX also play a crucial role in bridging the credit gap by enabling mobility entrepreneurs to own income- generating assets, and establish a verifiable digital credit profile. 

Led by a team of MIT Alumni, including cofounders – Adetayo Bamiduro and Chinedu Azodo, MAX offers electric vehicles (EVs) and low emission vehicles (LEVs), swap stations, digital wallets, insurance and maintenance services to its customers through daily subscription payments. 

MAX currently operates in 12 markets across Africa, providing supports to over 16,000 daily active drivers. MAX targets a market of 20 million mobility entrepreneurs in Africa’s $200B mobility industry. 

MAX is committed to building a more equitable and sustainable future for Africa. 

For media enquiries and further information , 

Please contact 

media@maxdrive.ai 

+2349061387911 

https://maxdrive.ai/

info@maxdrive.ai

Nexford University (NXU), a next-generation online university based in Washington DC, America has awarded five Nigerian students for being outstanding in academics and character during its 2023 graduation event.

Speaking at the ceremony held on Saturday at Landmark Event Centre, Victoria Island, Lagos, Fadl Al Tarzi, Chief Executive Officer (CEO) of Nexford University said that the institution is very proud of Nigerian learners.

Among those awarded is Adeshile Oluwabusayo who emerged as the Best Peer Mentor for BBA (Undergraduate Degree) and Monsuru Adebayo Popoola, Best Peer Mentor MBA (Graduate Degree).

While Daniel Oreofe was awarded the Outstanding Volunteer of the Year, Sonter Samuel James emerged as the Outstanding Brand Ambassador.

Accolades rented the air as James Ogo-Oluwa Osinowo was awarded as the Valedictorian of the Year for Class 2023 having bagged a 4.0 CGPA.

Announcing the awardees for the Class of 2023, Nexford’s Community Development Manager, Sally Okogho, noted that over 40 Nigerian students graduated with a 4.0 CGPA (distinction) out of the 622 graduates.

NEXFORD CEO Hails Nigerian Students

Tarzi who described Nigerian students as resilient said they valued education which has distinguished and placed them higher across the world.

He also urged the graduates to showcase their superior skills to the world.

He said, “Nigerians in the United States are, on average, twice as educated as the average American. It is time for you to ascend to leadership, redefine perceptions, and engrave your marks on societies, whether here in Nigeria or beyond your borders.

“If your journey takes you to foreign lands, remember, you are the architects of perceptions, the ambassadors of our values. Make those lands realise the privilege of hosting Nigerian talent. Showcase your superior skills and let the world witness the value you add, and the legacy you create.”

Ezekwesili Advises Nexford Graduates To Unleash Potential

Speaking, Dr Obiageli Ezekwesili, a former Minister of Education, said academic institutions like Nexford would help Nigeria fix human capital deficiencies.

Ezekwesili, a board member of NXU, noted that the university is one of the global institutions that have visibly given the skills that are necessary for the 21st century.

She also advised the graduating students to unleash the potential in them, saying they have the required skills to compete favourably with their colleagues worldwide.

“If we increase our Gross Domestic Product and we spread the sources of our GDP, what we will have is inclusive prosperity, so we must have graduates of this kind from as many institutions as possible,” she noted.

Be Courageous, Tony Cole Urges Nexford Graduates

Tonye Cole, Co-founder/former Group Executive Director, Sahara Group, in his keynote address, urged the graduates to expect challenges as they move to the next phase of life.

He said, “Do not be afraid to fail, even when you do, start again, try again and retrace your steps and be courageous for every success story has stories to tell.

“You have to decide on your own but you must seek wisdom to guide your steps, this is key because it is what you need to navigate the world and keep your eyes on your goal.”

How Nexford Boosted My Job Opportunities – Valedictorian

The valedictorian, James Ogo-Oluwa Osinowo, in his speech, narrated how Nexford University inculcated resilience, teamwork and perseverance in the learners.

He also noted that the university exposes students to “possibilities and opportunities”.

Osinowo said, “Immediately I completed my MBA in January 2023, the following month saw me receive an offer for the role of Group Finance Manager! And it’s just the beginning. One of the important lessons we’ve learned during our time here is the power of resilience. We’ve faced demanding assignments and tests, gruelling projects and sleepless nights, yet we persevered.”

2023 Graduation: Nexford Holds Master Classes, Career Fair, Others 

The graduation ceremony also witnessed master classes, a career fair with Nigeria’s leading companies, a start-up demo and an exhibition.

During the start-up pitches and exhibition, seasoned experts like Iyin Aboyeji of Future Africa, and Napa Onwusah, Leader for AWS Startups in Africa among others tutored the graduates.

The master class sessions centred on building and scaling a startup, designing a fulfilling career, becoming globally relevant, sales skills for founders and succeeding in a remote job environment.

Why Nexford Is The Best Online Varsity – Country Director

On her part, Nexford Country Director, Oghogho Inneh, noted that the university’s standard e-learning platform and flexibility in learning stand it out among its peers.

“Our programs are future-focused and competency-based, enabling learners to build practical skills they will use to get ahead in their careers. And with no fixed class times, they can flex their learning to fit their schedule. Tuition fees are charged monthly, so the faster learners graduate the more money they save,” she added.

OctaFX announces a name change and launches a global campaign with the motto ‘Trading made clear’. Here is what it means for traders.    

The international broker OctaFX recently announced the decision to change its name to Octa. The broker launched a global promotion campaign with the motto ‘Trading made clear’ to amplify the message behind the transformation.

Octa Global – Trading made clear

‘As the financial landscape evolves, so do we,’ the Octa press office commented. ‘Our clients’ needs continue to diversify, and that is why we have significantly expanded our offerings over the past few years. We feel that we have outgrown the ‘FX’ in our name and are ready to go further, with a versatile collection of financial instruments we offer for trading now including commodities, stock indices, stocks, and cryptocurrencies.’

Another reason for the campaign launch was the company’s continued focus on making trading accessible and easy-to-learn for everyone. ‘We believe that the world of finance doesn’t have to be confusing, and so the key message of the campaign has become that of clarity. This attitude is central to what we do as a broker—supporting our clients on the way to their financial goals,’ the Octa press office said.

The broker’s press office also hinted that ‘the name change is part of a bigger process of transformation, which will lead to significant changes and improvements and underscore the company’s dedication to staying ahead in the ever-changing industry.’ 

Below are the key highlights of the Octa’s transformation-in-the-making.

• Trading platform. Octa will continue to develop its own state-of-the-art trading platform, OctaTrader, which aims to integrate everything a trader needs into one seamless system where expert analytics, deposits and withdrawals, and profile management options are all at hand.
• Educational opportunities. The company will bolster its educational resources, offering clients access to a wealth of articles, webinars, and professional guidance to help them navigate the world of finance.
• Expert analytics. Octa is currently developing a unique analytical hub with every kind of information readily available for clients within one integrated trading system.

According to Octa, all the changes will be implemented gradually, with clients experiencing a smooth transition that will not impact their current investments or account access.

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. The broker provides free educational webinars, articles, and analytical tools to 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 more than 60 awards since its foundation, including the ‘Best Online Broker Global 2022’ award from World Business Outlook and the ‘Best Global Broker Asia 2022’ award from International Business Magazine.          

IHS Towers, one of the largest telecommunications infrastructure providers in Africa, Latin America and the Middle East by tower count, has emerged as one of the biggest winners of the Tech Innovation Awards (TIA) 2023, held at the Oriental Hotels, Lagos.

IHS won in three categories of the awards emerging as the ‘Telecom Infrastructure Company of the Year’, ‘Best Sustainable Tower Company of the Year’ and ‘Tower Team of the Year (IHS Management Team)’, cementing the company’s leadership in the space.

IHS Towers was founded in Nigeria more than 20 years ago, with operations today in 11 countries, across Africa, Middle East and Latin America and offices across 5 continents. IHS Towers listed on the New York Stock Exchange in October 2021 – the first company, we believe, founded in Nigeria to achieve such a feat.

IHS Nigeria is the largest of IHS Towers’ operational markets where it owns over 16,000 towers and provides services across 6 product offerings. Through its services, IHS Nigeria provides connectivity across the country and indirectly employs over 40,000 Nigerian citizens.  IHS Nigeria is an employer of choice and through its 4 sustainability pillars, provides support for hundreds of thousands of Nigerians.

Now in its 7th edition, the TIA (formerly, Nigeria Tech Innovation and Telecom Awards) has grown to become the most esteemed award event in the ICT industry, to celebrate organisations, individuals and the private sector for distinguishing themselves over the course of each year.  It brings industry members together to celebrate their achievements among their peers.

The award also celebrates individuals at the forefront of digitization with innovative products and services within the ICT sector. “We are here to celebrate the brilliance, ingenuity and incredible impact of the tech industry in Nigeria. If you look through every sector, if you have not infused technology in your business process, then you are lagging behind” Akin Naphtal, Chief Executive Officer at InstinctWave, said in his welcome address.

According to Akin Naphtal, Nigeria has witnessed an exponential rise in tech startups in recent years, with over 125 active tech hubs and incubators according to the World Startups report. “I think it’s quite worth it to reward and recognise those pushing the frontier of the sector.

Naphtal said further that the TIA has grown beyond being a mere industry award, to a rather unique time with a fine blend of entertainment, peer networking for industry experts to celebrate outstanding performances and unique opportunities for stakeholders to network, entertain their clients and reinforce relationships with partners. “TIA has become a symbol of excellence that marks leadership, quality and innovations from a broad range of organisations in the ICT sector”.

Other big winners on the night were Medallion Datacentre, Avanti Communications, Huawei, Broadbase Communications, and Reliance Info Systems. Femi Isaac Olatunji, lead consultant, Offset, emerged as the Tech PR Consultant of the year, while Ikechukwu Nnamani, the chief executive officer of Medallion Communication limited won the TIA Datacentre Lifetime Achievement award.

With a vision for global expansion, Immigration Advice Service Ltd (IAS) is delighted to announce its first branch in Lagos, Nigeria. In-person services officially commenced on October 3, 2023 at our office address 42 Saka Tinubu, Victoria island, Lagos, following an appointment-only model to ensure each case receives the focused attention it deserves.

Building on a Rich Heritage

Our new Lagos office marks an exciting chapter in IAS’s expansion story. Established in 2011, the firm has exponentially grown to become one of the leading global extensive immigration service providers. Apart from Nigeria, we have also recently opened new offices in three other countries, demonstrating our unrelenting desire for rapid growth. Known for our expertise and empathy, the Lagos office launch is an organic extension of our commitment to offering highly personalised, effective services.

Why Nigeria and Why Now?

In recognising the aspirations of countless Nigerians eager to broaden their horizons, we see a pressing need for nuanced, reliable advice on immigration matters. Our presence in Lagos aims to serve as a beacon of trusted guidance, helping individuals, families, and businesses understand and navigate the often complex immigration process. While commencing operations in Lagos, we’re fully committed and well-positioned to make our service accessible to all Nigerians nationwide.

What Sets Us Apart

Our uniqueness lies in our core values: decades of expertise in immigration law and a multilingual team that speaks over 30 languages – breaking the cultural and language barriers in the legal practice and allowing us to provide clients with tailored, solution-driven services, regardless of their backgrounds.

Additionally,  we are a brand trusted for delivering high-quality service. We offer tailored Pre-Action Protocol Letters with an excellent track record of high success rate, due to our dedicated efforts in resolving disputes with the UK Home Office.

About Immigration Advice Service Ltd

IAS was established in July 2011, filling the vacuum created when two of the UK’s largest charities offering immigration advice – Refugee and Migrant Justice Centre and Immigration Advisory Service – went into administration due to cuts in public funding. We have since grown from a four-member team in Manchester to 200 staff members across the world.

The firm provides services to private clients as well as beneficiaries of Legal Aid contracts in various UK regions, including Manchester, Liverpool, Leeds, Sheffield, Birmingham, Leicester, London, Bristol, Newcastle, and Derby. Internationally, we operate in the United States, Canada, Ireland, South Africa, and Nigeria. Our work spans the gamut of immigration, asylum, and domestic violence cases, making a significant positive impact on vulnerable communities. As we bring our high-quality, empathetic approach to Lagos, we are delighted to enhance immigration service experience for the Nigerian community.

For more information, please visit https://iasservices.org.uk/ng/

KnowBe4, the provider of the world’s largest security awareness training and simulated phishing platform, will host its third annual virtual cybersecurity conference, KB4-CON EMEA (Europe, Middle East, and Africa), on 7 November. The event aims to bring together CISOs, security awareness, and cybersecurity professionals from Europe, the Middle East, and Africa.

Featured speakers include KnowBe4 CEO Stu Sjouwerman, and keynote addresses from Rachel Wilson (managing director and head of cybersecurity at Morgan Stanley Wealth Management), and Christina Lekati (senior social engineering consultant and trainer at Cyber Risk GmbH).

Wilson has a strong background in cybersecurity, with 15 years of experience at the National Security Agency (NSA). Since April 2017, she has held the position of Head of Cybersecurity at Morgan Stanley Wealth Management. During her talk titled “Risks and Threats from the Cybersecurity Front Lines”, Wilson will describe her first-hand experience of threats, from nation-states to cybercriminal syndicates, to individual hackers looking to make money and create mayhem. She will provide insight into the latest threat landscape and detail the strategies that top cybersecurity experts are employing to stay one step ahead of the adversary.  

Christina Lekati, social engineer and trainer for Cyber Risk GmbH, will deliver a talk titled “It’s Personal: Mastering the Art of Targeted Social Engineering Attacks”. The session will cover lessons learned and the defensive strategies that cybersecurity professionals can implement to identify and counteract targeted social engineering attacks. 

KB4-CON EMEA is a free virtual event that focuses on cybersecurity and is designed for CISOs, security awareness, and cybersecurity professionals in Europe, the Middle East, and Africa. The morning keynote sessions, which include an “Ask Me Anything” session with Sjouwerman and KnowBe4 CPO Greg Kras, will be open to all IT/security professionals from 10:00 a.m. GMT +1.

From 12:30 p.m., there will be four rounds of breakout sessions featuring various speakers from different departments in KnowBe4, as well as Oliver Schneider from RiskWorkers. The late afternoon session at 3:00 p.m. will be reserved for KnowBe4 channel partners only. 

Anna Collard, SVP Content Strategy and Evangelist for KnowBe4 AFRICA, will also take part in the day’s breakout sessions. She will discuss how our human brains struggle to cope with modern lives filled with distractions, overstimulation, and information overload, all of which contribute to people falling victim to cyber risks.

Since its inaugural event in 2021, KB4-CON EMEA has been a tremendous success. Attendance for the 2022 event increased by 67% compared to the first event. KB4-CON EMEA is an extension of the equally successful KB4-CON US.“We are bringing our customers and partners together for KB4-CON EMEA with an exciting day filled with insightful speakers who will cover the latest on better protecting organisations against the threats associated with social engineering,” said Sjouwerman. “It will be exponentially useful for our audience to hear real-world examples of the latest methods of cyber-attacks from some of the industry’s leading experts. I encourage customers and partners alike to attend this event at no cost to help enhance their knowledge and foster a strong security culture.” You can find the full agenda for the event here.

The collaboration will enhance cross-border payment flows between Africa and other regions, enabling faster and more affordable digital payments and supporting international trade across countries.

In an effort to streamline and simplify cross-border transfers and payments across Africa and beyond, Access Africa has formed a partnership with Thunes, a leading global payment infrastructure platform that connects over 130 countries into a single network offering its members seamless, interoperable, and frictionless cross-border payments. The partnership will allow Access Africa to facilitate inbound and outbound cross-border payments in 13 markets: Botswana, Cameroon, Congo DR, Gambia, Ghana, Guinea, Kenya, Mozambique, Nigeria, Rwanda, Sierra Leone, South Africa, and Zambia.

According to Robert Giles, Senior Advisory Retail, “This strategic partnership reinforces Access Africa’s commitment to providing customers and non-customers with access to top-quality remittance services. “Thunes is a cross-border payments network founded in 2016 that enables corporates and financial institutions to move funds seamlessly and provide financial services in emerging markets. Our partnership will significantly expand the reach of Access Africa’s payment and remittance services to over 100 more countries, and expose Thunes to all 60 million+ customers of Access Africa with over 600 branch locations.

Through this partnership, customers of Access Africa (both account and non-account holders) will be able to make simple international payments, as well as receive diaspora inflows in USD from countries in Africa, Americas, APAC, Europe, Greater China, and MENA, in the form of cash or bank deposits.

The partnership between Access Africa’s Payment and Remittance services and Thunes will bring the benefits of modern digital payment technology to the parties involved, addressing the frictions of the traditional bank-based cross-border payment flows, and making payments faster, easier, and more transparent. This collaboration will bring significant improvements to the African Fintech ecosystem and payment infrastructure”. Rob concluded.

“Access Africa has been at the forefront of innovation in the African banking sector, and is one of the largest banks on the continent. We are excited for the future of our partnership with Access Africa as we aim to enhance the connections between Africa and the rest of the world, bringing major improvements to customers who need to make regular cross-border payments to and from African markets,” said Aik Boon Tan, Executive Vice President for Thunes.

Access Africa is a Payment product designed to simplify Global payments by Person to Person, Business to Business, Person to Business, Government to Person, and any other payment activities/flows. It enables efficient and effective transfers including but not limited to school fees payments, merchant payments, e-commerce payments, trade payments, diaspora workers payments, etc. Access Africa corridors include United Kingdom, China, Spain, Turkey, France, Italy,  Germany, Cyprus,  Norway,  Austria,  Switzerland, Belgium, India, Hong Kong, Ghana, Gambia, Rwanda, Zambia, Sierra Leone, Kenya, DR Congo, Mozambique, Guinea, Botswana and many more.

About Access Bank

Access Bank is a leading financial institution that serves in various markets through four business segments: Retail, Business, Commercial and Corporate, and has enjoyed what is it arguably Africa’s most successful banking growth trajectory in the last eighteen years, becoming one of Africa’s largest retail banks by customer base and Sub-Saharan Africa’s largest bank by total assets. 

 Headquartered in Lagos, Nigeria, Access Bank operates through a network of more than 700 branches and service outlets, spanning three continents, 20 countries, and 60+ million customers. The bank has a strong focus on innovation, technology, and customer service and is committed to helping its customers achieve their financial goals. Visit www.accessbankplc.com 

Media Contact : M: +2347030161613 

 Email: ezechinyere.anyanwu@accessbankplc.com

About Thunes
Thunes is a B2B payments company building global infrastructure for the 21st century by enabling seamless, instant and transparent money movement. Its modular capabilities empower its customers to Pay, Accept, Exchange and Comply, closing the gap between payment systems in developed and emerging markets worldwide. 

Thunes facilitates payments in 80 currencies across 133 countries, using over 300 payment methods. The company supports the world’s most dynamic businesses, from gig economy giants like Uber and Deliveroo to the super-app Grab to global fintech leaders like PayPal, Remitly, Finastra and Revolut. 

Founded in 2016 and headquartered in Singapore, Thunes has offices in 20 locations, including Beijing, Nairobi, London, Paris, Dubai and Barcelona. The company has raised over $200m to date, with the latest round being Series C in July 2023. Its investors include GGV Capital, Helios Investment Partners, Insight Partners, Marshall Wace, Bessemer Venture Partners, Visa, 01Fintech, EDBI, and Future Shape, Checkout.com, and Endeavor Catalyst.

For more information, visit www.thunes.com. 

For Thunes: Headland Consultancy | E: thunes@headlandconsultancy.com | M: +44 (0)77 1782 7258 (Drew Salisbury)

Port Harcourt, Rivers State capital will on October 5 – 6, 2023 play host to Africa ‘s Innovation Community as well as top Corporate Leaders and Government functionaries – including Inuwa Abdulahi, Director General & Chief Executive Officer, National Information Technology Development Agency (NITDA). 

Now in it’s 8th Edition, #StartupSouth is the annual flagship Startup Conference and platform that facilitate connections, networking and opportunities for founders, early stage Investors, large corporates and African Government officials – especially at the subnational. 

In a statement released to journalists, the organizers disclosed that speakers and guests confirmed at the conference include Kuppolakshmi Krishnamoorthy, Global Head, Zoho for Startups, Paul Onwuanibe, Group CEO, Landmark Group, Victor Asemota, Africa Startup Ecosystem Leader & investor, Obi Asika, Convener, Omniverse and Janet Sawari, CEO & Founder, TAIR Labs, Cape Town, South Africa. Others are Dr. Chimezie Amadi, Commissioner, Digital Economy & E-Governance, Imo State, Chinwe Okoli, Special Adviser to Anambra State Governor on Innovation & Incubation, Arinze Chilo-Offiah, Special Adviser to Enugu State Governor on SMEs & Startup, Mohamed Amine Khiari, Chairman & CEO, Africa Accelerator, Tunisia & Partner, Network VC Silicon Valley Fund, Geoffrey Weli-Wosu, Founder, Domineum Blockchain, Emeka MBA, CEO & Founder, Afia TV, Kehinde Ogundare, Country Manager, Zoho, Akintunde Oyebode, Commissioner for Finance, Ekiti State, Nkechi Obi, Chairman, National Female League and others. 

The theme for this year’s Conference is Deep & Bold: 5IR, Emerging Realities, Regional Economic Imperatives & The Role of Innovation. Speaking about the theme, the Convener, Uche Aniche said the theme provides an opportunity for a reflection on Nigeria/Africa’s readiness for the impact of Artificial Intelligence and explores the right response especially at the subnational level to ensure that Africa doesn’t get the short end of the stick. 

The Conference which will feature Breakout Sessions from over forty Corporate and Individual brands also has as a feature an Investors Meetup on Thursday October 5, 2023 in partnership with African Business Angel Network/VC4A as well as an Awards Night on Friday October 6, 2023. 

The purpose of The Awards is to recognize and celebrate the achievements of Founders and Corporate organizations, regardless of their public or private status, who have made significant contributions to the Innovation ecosystem and embodied the core values of the #StartupSouth movement.

The Conference is Proudly sponsored by Zoho Technologies, Rapid Cabins, Breej,  Cool FM Port Harcourt & Nigeria Info Port Harcourt, The King’s Assembly and others.

About #StartupSouth

StartupSouth Enterprise Development (#StartupSouth) is a Startup (digital and creative economy) ecosystem development and advocacy organization and a community of founders building high scale ventures in Nigeria especially out of the South-South and South-East, Regions. 

Some of the iconic Venture backed Startups out of Southern Nigeria are probably membés of our Community. 

Contact

Email: hello@startupsouth.org

Phone: 08075620000 

Link: https://8.startupsouth.org

It has been brought to our notice that a video has resurfaced on some social media platforms (TikTok, Twitter & WhatsApp) regarding alleged fraudulent activities on some OPay Agent accounts. This incident occurred over 2 years ago (August 23, 2021), and we took the right and appropriate actions with the relevant stakeholders to resolve the stated issues.

From that point onward, we have periodically educated and sensitized our customers about account data security, encouraging them not to fall victim to malicious information, fraud, and scams.

In order to further protect our users, we have taken significant measures to protect customer data and accounts by continuously upgrading our security system and adding extra layers of security measures such as BVN verification, and Face ID verification.

Furthermore, we also provide 24-hour customer service to help our customers resolve any issue. We implore our customers and the general public to disregard the video and its content and beware of individuals and groups of people who peddle wrong information.

We wish to reiterate our unwavering commitment to protecting our users from fraudulent activity or scams as customer data protection is our priority.

OPay is a leading digital payment platform licensed by the CBN and insured by NDIC with over 40m users, 500,000 agents, and 150,000 merchants in Nigeria and remains committed to providing the best service and user experience to its valued customers.

Tokyo, the bustling capital of Japan, is renowned for its vibrant culture, cutting-edge technology, and mouthwatering cuisine. For students on a tight budget, exploring this metropolis may seem daunting. 

However, with careful planning and a few insider tips, it is possible to experience Tokyo’s wonders without breaking the bank. From the luggage storage Tokyo Station offers to low-cost alternatives for classic Tokyo experiences, you don’t have to spend a fortune in this city. Here are the essential points for the student’s guide to exploring Tokyo on a budget.

Accommodation

Finding affordable accommodation in Tokyo can be challenging, but it’s not impossible. Consider staying in budget-friendly options such as hostels, guesthouses, or capsule hotels. These options provide a comfortable place to rest without straining your wallet. 

Some popular areas with affordable accommodations include Asakusa, Ueno, and Ikebukuro. Additionally, booking your stay in advance or during the off-peak seasons often yields better deals.

Transportation

Tokyo has an extensive public transportation system that is not only efficient but also cost-effective. Tokyo’s Metro subway system is the most convenient way to get around. 

Purchase a prepaid transportation card, which allows you to seamlessly travel on trains and buses or even make purchases at convenience stores. Alternatively, consider renting a bicycle to explore the city at your own pace while saving money on transportation fares.

Free and Low-Cost Attractions

While Tokyo offers numerous attractions, some can be quite expensive. However, plenty of free or low-cost options allow you to experience the essence of the city without straining your budget. 

Visit popular areas like Shibuya and Harajuku to soak in the youthful atmosphere, witness the iconic Shibuya Crossing, and browse the trendy shops. Explore beautiful parks such as Shinjuku Gyoen and Yoyogi Park, where you can enjoy serene green spaces for a nominal entrance fee. 

Additionally, take advantage of free admission days offered by museums and art galleries, allowing you to appreciate Japan’s rich history and culture without spending a fortune.

Affordable Dining

Tokyo is a food lover’s paradise, offering a wide range of culinary delights. However, dining out every day can quickly drain your budget. To save money, explore the local street food scene, which offers delicious and affordable options. 

Try popular street food items like takoyaki (octopus balls), yakitori (grilled skewers), or taiyaki (fish-shaped pancakes with various fillings). Additionally, visit conveyor belt sushi restaurants to indulge in fresh sushi at reasonable prices. 

Don’t forget to explore the local supermarkets and convenience stores, which offer a variety of ready-to-eat meals and snacks at budget-friendly prices.

Cultural Experiences

Immerse yourself in Tokyo’s vibrant culture without splurging on expensive activities. Attend traditional tea ceremonies or visit historic temples and shrines, such as Senso-ji in Asakusa or Meiji Shrine in Harajuku. Here, you can experience Japanese traditions and spirituality for free. 

Take a stroll through the quaint neighborhoods of Yanaka or Kagurazaka, known for their traditional architecture and charming atmosphere. Next, explore the Tsukiji Fish Market, one of the world’s largest seafood markets, and witness the exciting tuna auctions in the early morning. 

Engaging in these cultural experiences will provide a deeper understanding of Tokyo’s heritage without straining your budget.

Shopping on a Budget

Tokyo is known for its fantastic shopping opportunities, but it’s easy to overspend if you’re not careful. To shop on a budget, head to thrift stores and second-hand shops, where you can find unique fashion items and accessories at affordable prices. 

Remember to visit 100-yen shops like Daiso or Seria, which offer a wide range of everyday items, stationery, and souvenirs at incredibly low prices. These stores are perfect for finding budget-friendly mementos and essentials without breaking the bank.

Utilize Student Discounts

If you’re a student, take advantage of the many student discounts available throughout Tokyo. Many attractions, museums, and cultural sites offer reduced admission fees for students with valid school IDs. 

For example, the Tokyo National Museum, the Edo-Tokyo Museum, and the Tokyo Skytree offer discounted tickets for students. Be sure to take your student ID and inquire about student discounts wherever you go. This can significantly reduce your expenses while exploring the city.

Embrace Tokyo’s Wonders on a Student Budget

It’s time to pack your bags, gather your yen, and embark on a budget-friendly journey through Tokyo. Let the city’s energy and charm guide you as you create unforgettable memories, forge new connections, and uncover the beauty of this vibrant metropolis. 

Tokyo awaits, ready to captivate your senses and leave a lasting impression, all while respecting your student budget. Enjoy your adventure, and may your time in Tokyo be filled with wonder, excitement, and incredible experiences.

Described as a hospital without walls, Preggify launches to provide access to ante and postnatal care to pregnant women in Africa on the go.

Africa recorded a birth rate of around 45.84 million for the year 2022, many of these are career women, who in many cases have to pause or quit their careers in order to provide the best care for their children before and after childbirth. This is even more personal for Preggify’s CEO and Co-founder, Dr. Ifunanya Igweze who is a medical doctor and has witnessed various expecting mothers who couldn’t access quality healthcare due to rigors of their careers and other life demands. In many cases, some of these women lose their children due to inadequate care. This birthed the idea of a platform that connects expecting mothers to healthcare services at their fingertips. She teamed up with Preggify’s current co-founder and CTO, Temitayo Peter to build just that.

With over 2,000 career women receiving care and education in its community already, Preggify has launched a web app to allow these and even more women to access these crucial services at their fingertips. The team believes that this would help democratize access to healthcare, especially for pregnant women in Africa. Preggify’s Co-Founder and CTO, Temitayo, while discussing the launch stated that “we worked very hard to create a simple and convenient app to provide help and information to women that need these services at their fingertips.”

What makes Preggify different is that it is tailored to the needs of African women and their partners, who are in need of maternal care. Another standout benefit of the platform is its Pregnancy Academy which provides information to women and their caregivers: educating them on various health practices, feeding and sleeping patterns, as well as healthy exercises to carry out in order to ensure a healthy lifestyle for both mother and child. With its 24/7 bespoke support channel which caters to all maternal health related enquiries through vetted medical professionals, Preggify offers a comprehensive health-care facility (and community), without a brick and mortar structure to accompany it.

Mr. Babatunde Akin-Moses, one of the company’s advisors, affirmed his support for the founders and the company, due to their resourcefulness and importance of their vision. According to him “healthcare for African women is often overlooked and as such is an untapped market. A solid team consisting of a talented health and tech professionals, is very well positioned to provide a viable and all-encompassing solution in the industry”.

About Preggify

Founded in 2022, Preggify is a technology-enabled one-stop platform which provides women with healthcare services across Africa. The company’s vision is to ensure that women who desire to pursue their career goals are not hindered by pregnancy and childcare. With the launch of its app, the company plans to increase traction and gain more customers, even as it raises equity capital.

For more information about Preggify and to become a customer, please visit the Preggify website. If you’d like to find out how you could partner with and/or invest in the company, you can reach out via this email address: supports@preggify.com

The event was hosted by Ovaloop, one of the leading solution providers for businesses looking for Business Management software. Ovaloop and some stakeholders in the SME sector aim to amplify discussions on the growth and roadmap of the SME landscape bordering around collaboration and opportunities for SMEs in Africa. SME connect unveiled the launch of Ovaloop pay and Ovaloop store as modules on the software as part of effort to help SMEs manage their inventory and processes for sustainable economic inclusion. 

Ovaloop SME Connect is poised to become a platform for stakeholders in the SME industry looking for a safe space and opportunity to influence SME bodies, relevant government organizations and regulatory bodies to positively support and impact SMEs. 

The maiden edition was successfully organized by Ovaloop in partnership with FirstFounders Inc, Regtech Africa and PocketLawyers. Several SME leaders and community aggregators also took their time to share up-building lessons and experiences from running a business, community and building one across various sectors of the economy. 

The session was opened by Ngozi Nwabueze, Esq. CEO/Founder of PocketLawyers led to an electrifying introductory speech by David Lanre Messan (DLM) who expressed valid points from over almost 2 decades of experience helping SMEs grow and raise venture capital. Mr Princewill Mba, CEO of Ovaloop shared the stage with Daniel Kilanko, CTO and Co-founder as they highlight how Ovaloop is bridging the gap of poor business management and a short demo thereafter on the various features available on Ovaloop. 

When describing how regulation has helped shape the SME landscape, Cyril Okoroigwe’s and Bunmi Kole Dawodu, the Lagos state manager of SMEDAN explained the importance of regulation and provided insights into the efforts of regulatory bodies in improving the SME space. Other notable speakers who spoke on the relevance of the SME space providing further insights include Tamara posibi of Unicorn founders, Stacey Chimdia of Chi Kleen cleaning, Uzo Anekwe, Head Business development and strategy of connect Nigeria and Winnie Wambugu all the way from Kenya shared the plausible pathway for a pan-African collaboration. 

At the end of the conference most participants expressed their satisfaction in the educational and informative manner the panelists shared their knowledge. The warm and pleasant conversation provided an opportunity for networking and immense collaboration. The team at Ovaloop has promised to ensure SME connect is sustained as preparations have already begun for a second edition since there was a number of information from stakeholders on the need to look into policy changes that should drive a consultative forum like SME connect for further discussion. 

www. Ovaloop.com

In a world where connectivity is paramount, Nigeria has taken a giant leap in its digital journey with the arrival of 5G technology. This innovative development in the telecom industry has the potential to transform the internet landscape in Nigeria and open up a world of possibilities for people, companies, and the country at large.

Nigeria has emerged as one of the world’s major drivers of the telecommunications revolution over the past 22 years, beginning in 2001 at the dawn of the 21st century. The internet has played a significant role in placing the country at the forefront of technological advancements in Africa, with the number of active internet subscribers standing at 154,847,901 as of Q4 2022, according to the National Bureau of Statistics (NBS).

Over these years, we encountered the first (1G) Generation technology popularly referred to as GSM, which focused on phone voice calls, then 2G came and enabled short-messaging layers so we could send SMSs. We saw a significant turnaround in innovation with the introduction of 3G, which gave us the fundamental network speeds needed to launch the first smartphones, and then the high data transfer speeds of 4G LTE that allowed us access to video streaming with little buffering, which consequently gave rise to the emergence of  connected devices and location services that we use and enjoy today. 

Today we have  5G, which is the world’s next technological breakthrough and with the forthcoming initial commercial phase rollout of Mcom 5G network, the country is on the brink of a significant transformation in the way its citizens, businesses, and government institutions access and experience digital technology. One way Mcom 5G stands out from the existing 5G rollouts is its decision to deploy a 5G standalone (SA) architecture and even for Africa’s digital landscape, this is a transformative feature leap. Mcom being a greenfield operator is taking  advantage of all the new features, approaches and innovation in global digital, mobile and data technology.

Majority of the  5G rollouts in the world have been built on their current 4G LTE networks, which integrate 5G radios managed on a 4G network. Although Non-Standalone (NSA) 5G is a useful way for utilizing 5G, the disadvantage to it is that some essential 5G capabilities cannot be realized through NSA due to its performance restrictions. In order to unlock the full power of 5G including its mission critical and massive connection propositions, network providers would need a dedicated 5G core that comes with standalone architecture and that is where Mcom 5G comes in.

5G Standalone Architecture (SA) connects to a 5G core network where 4G isn’t a dependant requisite factor and provides the fully digitized platform required to deploy new cloud services and to enjoy the cloud-native 5G benefits. The 5G standalone core is specifically created from the start for the deployment of digital-native 5G networks and because of its greater scalability and flexibility, this enables network service providers to build and iterate functionalities faster. 

At the heart of this transformation lies the promise of unprecedented speed. In comparison to the present 4G LTE networks, 5G is expected to provide internet speeds that are up to 100 times faster.  Imagine downloading an entire high-definition movie in a matter of seconds or making lag-free video calls. The implications of this dramatic speed boost are profound.

For Nigerians, this means an end to frustrating slow connections, particularly in densely populated urban areas. It also means that businesses can harness the power of super-fast data transfer to improve their operations, engage customers more effectively, cloudify all business activities  and develop new digital services.

The rollout of the Mcom 5G standalone network will go beyond just faster internet. It will serve as a cornerstone for emerging technologies such as the Internet of Things (IoT), augmented reality (AR), virtual reality (VR), artificial intelligence (AI), Mobile Cloud Computing, and these innovations are set to reshape industries across the spectrum.

In agriculture, for instance, IoT devices can monitor crop conditions, leading to increased yields and more efficient resource use. Healthcare can be revolutionized with telemedicine and remote surgery, expanding access to medical expertise in remote areas. AI-powered applications will enhance industries, ranging from finance to transportation, making them more efficient and accessible.

Other benefits that Mcom 5G (SA) network is poised to provide includes network slicing, which offers customers specific service requirements and low latency communications for applications with requirements that can only be fulfilled by ultra low latency and the high-speed data connectivity that  5G NSA can’t deliver. This will bring about enhanced end user experience and superior network efficiency.

The potential economic benefits of Mcom 5G in Nigeria are not far-fetched and its rollout will necessitate significant investments in infrastructure that would translate into job creation and innovation across various sectors, including construction, telecommunications, and technology.

As Nigerian businesses, individuals and government bodies harness the potential of Mcom 5G for innovation, the digital economy is expected to expand rapidly, leading to increased revenue, entrepreneurship, and employment opportunities, placing us at the forefront of global competitiveness.

Today, Mcom’s race to harness the full potential of 5G is well underway, and is poised to shape Nigeria’s digital economy for the future.

The United States Consul General to Nigeria, Will Stevens, recently embarked on a visit to the headquarters of OurPass, a prominent business banking platform in Nigeria. The visit, which took place on September 22, 2023, aimed to explore potential collaborations and partnerships between the United States Consulate and OurPass to foster economic growth and support businesses in Nigeria.

Mr. Stevens was warmly received by OurPass Founder & CEO, Samuel Chukwunonso Eze. The visit commenced with a guided tour of the OurPass headquarters, where the Consul General and his team had the opportunity to observe the inner workings of the 24-hour support team, the Marketing team, and the People team.

Following the tour and introductory sessions, key representatives from both OurPass and the Consul General’s team convened in the boardroom for a productive discussion centered around OurPass’s mission to provide comprehensive banking and business solutions to enterprises of all sizes.

During the meeting, Mr. Eze, the Founder and CEO of OurPass, passionately shared the journey of OurPass, emphasizing its evolution from a visionary dream to a thriving business ecosystem. He highlighted the company’s dedication to supporting businesses, ranging from small-scale vendors to large enterprises with multiple locations nationwide.

Mr. Eze stated, “As a business bank, OurPass is committed to empowering businesses with more than just banking and payment services. We provide a suite of business and management tools that ensure secure, safe, and convenient operations. Our goal is to create an ecosystem where businesses have everything they need to start, grow, and scale.”

The Consul General, Mr. Will Stevens, inquired about the impact of OurPass services on its customers. Mr. Eze provided insightful examples of how businesses such as SPAR, Filmhouse, UAC, Shoprite, Medplus, Four Points by Sheraton amongst many other enterprise businesses have benefited from the platform. He illustrated the transformative journey of these businesses, including significant reductions in abandoned shopping carts due to payment delays and increased operational efficiency.

Furthermore, Mr. Eze outlined OurPass’s future aspirations, including expansion into other markets, the development of industry-specific tools, and the continuous pursuit of innovative solutions to empower businesses. He emphasized the company’s commitment to distribution as a key focus for its next phase.

In closing, OurPass CEO expressed keen interest in the potential collaboration with the United States Consulate. He envisioned the creation of unique events and programs tailored to both Small and Medium-sized Enterprises (SMEs) and large enterprise businesses, designed to foster growth and development. Consul General Stevens highlighted the Consulate’s commitment to supporting startups through a soon-to-be-launched affiliate membership of the American Business Council that will provide access to major companies within the ecosystem. Additionally, he cited the Department of Commerce’s readiness to play a pivotal role in co-developing programs that benefit U.S. businesses operating in Nigeria.

The visit by Consul General Will Stevens signifies a step towards forging mutually beneficial partnerships between the United States Consulate and OurPass, with the shared goal of advancing business growth, innovation, and economic prosperity in Nigeria.

About OurPass:

OurPass is a leading business bank providing comprehensive banking, payment services, and operational management tools to empower businesses of all sizes. With a commitment to simplifying business operations and driving growth, OurPass offers innovative financial solutions designed to meet the evolving needs of all businesses. Learn more at www.ourpass.co

Kayi App to unveil era of banking without limits

Kayi App, a secure and innovative pan-African Digital Payment Platform, today announced it has obtained necessary regulatory approvals to launch in Nigeria to accelerate access to financial inclusion by individuals and businesses in the country and beyond through secure, seamless and hassle-free transactions.

As an innovative fintech product, Kayi App was born out of a vision to revolutionise the financial services landscape in Africa to fulfil the need for accessible, secure and customer-centred financial services that cater to the unique needs of Nigerians and Africans at large.

“We are excited to introduce our innovative fintech product, Kayi App, to the Nigerian market. With our dedicated and young team of innovative and creative Nigerians drawn from across the world, we have worked tirelessly to develop a suite of fintech solutions that will make financial transactions simpler, faster, secure and more convenient for everyone,” Says Alhaji Saadina Dantata

Dantata said “The Kayi App aims to empower Africans with the tools and knowledge to take control of their financial future. He also expressed gratitude to the Honorable ministers and Director Generals present at the Kayi App launch. “I envision a continent where every individual and business can thrive financially, regardless of their location or income level.” as he closed off.

Speaking on market opportunity that informed Kayi Apps introduction, its Product lead, Abdulganiyu Rufa’i said the African fintech market is brimming with opportunities and that Kayi App is poised to make a significant impact.

“With vast majority of Africans unbanked and underbanked, we are confident in our ability to meet the growing demand for digital financial services across Africa. Having recognised unmet needs in the country’s payment digital industry, therefore, Kayi App is poised to showcase strength in delivering core services and solutions such as instant digital payments for individuals and businesses; financial inclusion and social banking for people in rural and semi-urban areas; blockchain-backed cross- border trade for exporters and importers across Africa; and remittances and investments for Nigerians and Africans in Diaspora,” says Rufa’i.

Speaking on the key factors that stand Kayi App out in the mobile payments sector, the technology team of the Kayi App headed by Chukwunonimem Ike, said, “What truly distinguishes the Kayi App is our unwavering commitment to relentless innovation and a customer-centric approach that places YOU at the forefront. We recognize the distinctive challenges faced by individuals across Africa, and it’s precisely these challenges that have inspired us to craft solutions that confront them head- on.

“Our user-friendly super app, cutting-edge security features, field support staff in every ward in Nigeria and 24/7 customer support are just a few examples of how we’re putting our customers first,” Ike said. “Even when there is a need for customers to communicate with the Kayi team, all you need is to dial our toll-free number 0800-000-KAYI, which is 0800-000-5294, and our customer satisfaction team will answer instantly, in your preferred language.”

Kayi App will be officially launched soon to provide secure and innovative payments services to individuals and businesses in the African market. The launch event is being designed to be a celebration of innovation and unveiling of the era of banking without limits.

Stay tuned for more details in the coming days by visiting www.kayi.ng or our social media handles on Facebook, Instagram, X and YouTube on @mykayiapp while Linkedin is at linkedin.com/company/mykayiapp.

QUESTION 1: Hello Mrs Uche Ofodile! You have been in Benin, for a while now, can you share some of your experiences? UCHE OFODILE: I’m really enjoying my stay in Benin. One of the biggest challenges I faced was adapting to the language barrier,  but with the help of my amazing colleagues and friends, I have been able to fully immerse myself in the beauty of the country.  I also had the pleasure of discovering some breathtaking sites and meeting some truly extraordinary people who are making my  time here memorable. 

QUESTION 2: As MTN Benin’s CEO since 2020, how can you describe the journey so far and the changes you have witnessed within  the company, and in the country?  

UCHE OFODILE: These last three years at the head of MTN Benin have been an enlightening journey. I have witnessed the growth  and transformation of our company and this beautiful country.  

In 3 years, we have improved our services, extended network coverage, and strengthened our relationships with our consumers.  Mobile Money now has over 4 million customers.  

We strive to reduce the digital gap, bring connectivity to remote areas, and give people the tools to build a better future.  MTN remains the leader in digital services and the MTN Foundation also does a lot for communities, contributing to women’s  empowerment, youth employment and financial inclusion. 

It’s an honor to be part of this and to make a difference to the lives of those around us.  

Benin’s incredible growth has been a real inspiration, and I’m delighted to be a part of it. 

I can confidently say that the last three years have been great in every way, and I can’t wait to see what the future holds for MTN  and this dynamic country which is Benin. 

QUESTION 3: Recently there were some incidents over the MoMo platform that have impacted customer trust and confidence. What  measures did MTN take to increase the reliability of its mobile money services? 

UCHE OFODILE : We take our responsibilities seriously and continue to work tirelessly to resolve any problems quickly and  proactively.  

I totally understand that these incidents may have affected the trust of our customers, as we are aware of the importance of the  mobile money service in the lives of our communities.  

We will continue to do everything in our power to ensure its reliability and security. 

Among other things, we have increased our investment in technology infrastructure and are working closely with the regulatory authorities to ensure that we continue to meet the highest standards for the security and performance of our mobile money  platform.  

We are committed to regaining the trust of our customers and fulfilling our promise to offer them all the benefits of a modern,  connected world. 

QUESTION 4: Customers are complaining about the pricing. What is MTN doing to address customers preoccupations?  UCHE OFODILE : I understand the concerns and frustrations of our customers, I can assure you that we are actively committed to  engaging with them to better understand their needs and expectations, and we have taken steps to improve the value we offer.  We understand that affordability is key, and we can say that from 2019 to today, the prices of our most popular packages have decreased and are tailored to our customers’ needs. 

Believe me, we take all this very seriously. Concerns such as the fast-ending data bundles and airtime can sometimes be resolved  by adjusting our customers’ phones correctly. But we also need to understand that a faster connection requires a lot more data  (MB). 

We constantly analyze our offers to ensure that they are fair, and we are committed to providing a high-quality service.  Our aim is to make our customers feel valued. 

QUESTION 5: With the increasing threat of cyber-attacks and data breaches, can you tell us what is MTN’s approach to managing  these risks, and to keep customer data safe? 

UCHE OFODILE : At the top of MTN’s list of concerns are cybersecurity and data confidentiality ! 

Our group has around twenty subsidiaries and we are leveraging this strength to implement a global approach that ensures our  customers’ personal information are kept safe and secure.  

This approach includes regular risk assessments and vulnerability scans to identify potential weaknesses in our systems, as well  as continuous learning and sharing of best practice with our fellow companies.  

Staff are trained on an ongoing basis and awareness programs ensure that everyone at MTN is aware of the importance of privacy.  We have also put in place a series of technical controls and security measures to protect personal data against unauthorized  access.  

These measures include intrusion detection and prevention systems, firewalls, and data encryption to protect our platforms such  as Mobile Money and MTN Business.  

We also work closely with the APDP (the Personal Data Protection Authority) and comply with all data protection regulations. 

MTN is committed to continually improving its security measures so that our customers can have full confidence in entrusting us  with their personal information. 

QUESTION 6: MTN is the leader in the telecom industry in Benin. With the recent arrival of a new telecom company labelled«100%  Benin», how is MTN tackling the competition? 

UCHE OFODILE: It’s kind of you to recognize our position as Benin’s leading telecoms operator. It’s a heavy responsibility that we  carry with honor! 

Wherever you go in Benin, MTN is there! Most of our teams are Beninese, we are at the service of the Beninese, and we are  committed to offering them all the advantages of a modern and connected life. I think that makes us a 100% Beninese company!  Right?  

We are in support of a healthy and fair competitive environment and believe that this is good for the consumer. We want to  provide our customers with the best possible service, by constantly improving our offers, listening to their needs, and adapting to  changing market dynamics to remain relevant and competitive. We are determined to build on our strengths to maintain our  position as market leader in Benin. 

QUESTION 7: What innovative projects is MTN launching? 

UCHE OFODILE: Hmm, where do I start from?  

We’ve launched the NETWORK CAMPAIGN to showcase the powerful connections MTN has made possible and all the achievements  we’ve made over the last few years in Benin to increase coverage and improve our services.  

We are very excited to announce the launch of the 5G, which will revolutionize the way people and businesses connect and  communicate.  

We are also proud to introduce the MTN SELF SERVICE CARE MACHINE, designed to provide a more convenient experience and allow  customers to access information and get help for any issues they may have quickly and easily. 

At MTN, we are always looking for ways to innovate and improve our services. Several exciting MTN business propositions, tailored  to the expectations of today’s consumers, will be unveiled soon. 

QUESTION 8: You mentioned a network campaign and the launch of the 5G. Can you tell us more?  UCHE OFODILE: These are important projects that we’re extremely excited about and that demonstrate our commitment to provide the best possible service to our customers.  

The launch of 5G is a major milestone and we believe it will have a transformative impact on the way people connect and  communicate. 5G will enable millions of devices to communicate in real time, paving the way for a new generation of smart  technologies. This is set to revolutionize a wide range of sectors, from education and healthcare to transport and entertainment.  The network campaign highlights how MTN connects individuals, families, and businesses across Benin, enabling them to  communicate, learn and grow. Our network is the heart of our service, and we take great pride in facilitating connections. We want to highlight the ways in which MTN has a positive impact on the lives of its customers. The network campaign will run for 12  months and will enable us to gather feedback from our customers.  

At MTN, we don’t claim to know everything, we want to listen to what YOU have to say, and we look forward to continuing to meet  Benin’s communication needs. 

QUESTION 9: I have come across the TITA by MTN project and was curious about what motivated MTN to invest in this initiative?  UCHE OFODILE : The project TITA by MTN is one of my great sources of pride.  

As a Beninese company, our role is to invest in the country’s success.  

MTN is committed to empowering young people to create a better future for Beninese. Benin is a country of youngsters; let’s not  forget that more than two-thirds of the population is under the age of 25.  

We believe it is essential to invest in the technological skills of young graduates.  

The CEOs of tomorrow are being trained right now. TITA is a way for us to give back to the community and support the next  generation of innovators and leaders.  

By providing young graduates with the skills, they need to succeed in a digital world, we are helping to create a more prosperous  society. 

Through TITA, we aim to achieve a number of objectives, such as: 

– providing young graduates with valuable skills for a successful career 

– Fostering a culture of entrepreneurship and innovation in Benin 

– Developing a stronger workforce capable of supporting the growth of the technology sector and contributing to the country’s  economic development. 

– Encourage greater collaboration between schools and the private sectors to stimulate innovation and progress.  In the long term, I firmly believe that TITA will have a significant impact on the lives of the young and on the country as a whole.  By investing in the potential of young graduates, we are creating a better future for everyone. We look forward to seeing the  positive impact TITA will have over the next 5 years and are committed to continuing to invest in initiatives that support the  growth and development of Benin, #LeBeninQueJaime, The Benin We Love.

QUESTION 10: MTN is really committed to innovation, its newest, the Self-care service machine is the very first machine of the kind  in Benin. What are the benefits? 

UCHE OFODILE : We’re proud to put the power in our customers’ hands ! 

In line with our digitalization strategy, we want to promote self-service. In addition to the machine, you also have our various  applications. The self-care machine gives our customers easy access to MTN services and products. They can top up their airtime,  buy data bundles and manage their accounts, which saves time and makes our services more accessible to everyone. The ATM is  available 24 hours a day, 7 days a week, so customers can access our services at a time that suits them best. This is particularly  important for those with busy schedules or those who don’t have access to traditional customer service channels. We want to  continue to meet our customers’ needs in innovative ways. 

QUESTION 11: Benin’s government has set ambitious goals to increase connectivity and digital infrastructure across the country.  How is MTN contributing to these efforts and to the nation’s economy? 

UCHE OFODILE: MTN is committed to supporting the government and has set up several projects for the development of the  digital ecosystem.  

For example, we have invested in expanding network coverage across the country, including the provision of the 3G and 4G  networks in remote areas. Modernizing the network, upgrading the international link and building new sites, to name but a few,  will enable MTN to be more efficient and closer to its customers. 

MTN also supports Benin’s development through various initiatives conducted in partnership with the government (digital project  LEARN, dispatchingl of aid funds across the country, etc.), and by providing an extensive mobile services platform that enables  customers to access financial services such as insurance and savings (MoMo Sayaa), thereby stimulating financial inclusion and  contributing to economic growth. 

Overall, MTN plays a vital role, and we are proud of our efforts to drive innovation and progress in the country, and we remain  committed to supporting the government’s goals for a connected and prosperous Benin. 

QUESTION 12: Contribution to the economy can also depend on market regulations. How does MTN engage with policy makers  and regulators ? 

UCHE OFODILE : Of all the countries I have worked in, Benin is one of the best in terms of opportunities. As a responsible Beninese  corporate citizen, MTN appreciates the importance of an enriched environment for sustainable economic growth. We proactively  engage with policy makers and the regulator to advocate for policies that support sustainability and national priorities. Benin has a single goal: ACCESS FOR ALL and the ability to use digital services, which fits perfectly with our own ambitions to  bring the benefits of a modern, connected world to all our customers. 

MTN works with the regulator to ensure that it has the right information to make the best decisions. Our commitment includes  dialogue and consultation to better understand the vision and objectives, and to provide valuable input from our industry  experience.  

We also organize meetings with stakeholders to share information about our sustainability initiatives and explore ways of  working together to achieve common goals. 

MTN takes a truly proactive approach, and we remain committed to working with all stakeholders to create a sustainable future  for Benin. 

QUESTION 13: Climate change is a global concern, what is MTN’s approach to managing and reducing its environmental impact? UCHE OFODILE : MTN is implementing several measures to mitigate the impact of its activities on climate change. Our approach  is aligned with global best practice and standards. We have an ambitious ESG strategy and have set strict targets to reduce our  greenhouse gas emissions and energy consumption, and we are working to monitor our performance.  We are committed to using less fossil fuel to monitor our network, our amazing technical teams are using more renewable energy  sources and have invested in solar power systems at several of our sites. We’ve also invested in tree planting to support our efforts.  

We also believe that collaboration, dialogue, and partnerships with key stakeholders are essential to tackling climate change. We  are committed to working with governments, civil society organizations and other stakeholders to promote sustainable  development and mitigate the effects of climate change both in Benin and beyond. 

QUESTION 14: Staff is an important asset, how does MTN approach diversity and inclusion in the workplace, and what steps the  company takes to create a friendly environment? 

UCHE OFODILE : That’s my favorite topic ! Without a committed workforce, it is difficult to implement projects. MTN values the  contributions of all its staff and strives to create a diverse, inclusive, and welcoming working environment to be an employer of  choice.  

We approach diversity and inclusion by valuing and respecting differences, embracing diverse perspectives, and fostering a  culture of collaboration and innovation. The diversity of our teams reflects the communities we serve, and we recognize that  creating an inclusive workplace requires constant effort and dedication. We are proud to have a very diverse team, 95% of whom  are Beninese, with the rest of African nationalities.

We have implemented several initiatives, including diversity and inclusion training, mentoring and leadership development  programs. We want to have high-performing, passionate and dynamic employees, and we prioritize employee training and  development, as well as opportunities for career growth and advancement.  

Our Y’ello graduate program is proof of our efforts, and we continue to measure our performance through our feedback  mechanisms which help us to identify areas for improvement. Diversity and inclusion are essential, and we promote a supportive  office environment for all our employees. 

QUESTION 15: To conclude, is there anything else you would like to highlight or any message you would like to convey? UCHE OFODILE : The company you know today as MTN has been present in Benin for more than 20 years. The name has changed,  the brand is different, and the technology has evolved, but the mission has remained the same: to serve Benin, to serve YOU, to  serve our communities and to make a difference. 

We are proud to support empowerment initiatives through our foundation, which turns 15 in 2023. Our program includes vocational training and education, as well as initiatives for sustainable growth and development. We are committed to  remaining a responsible corporate citizen and strive to maximize our positive social impact by promoting shared value in Benin. I  would like to seize this opportunity to send a message of gratitude to the people of Benin for their continued support, loyalty, and  trust.  

I sincerely thank the Beninese authorities for their openness, which has enabled us to witness the country’s rapid growth with  amazement. Finally, I would like to renew our commitment to providing high-quality services and all the benefits of a modern,  connected world to everyone. To conclude, this is just the beginning. 

There are so many great things ahead of us…

The PHANTOM series isn’t just another lineup of smartphones; it’s a journey through the realms of cutting-edge technology, style, and sheer class. Each device that emerges from this series isn’t merely a gadget; it’s a statement of innovation, a testament to growth, and a symbol of continuous improvement. The PHANTOM brand isn’t content with ordinary; it’s here to enhance your lifestyle, one device at a time.

Every iteration of the PHANTOM series has been a magnificent fusion of technology, style, and design. It’s as if each release is a challenge to push the boundaries of what’s possible. And now, with the impending launch of the PHANTOM V Flip 5G, TECNO is proving that the innovation train is nowhere near the peak yet. There will still be more but for now we enjoy the PHANTOM V Flip 5G. 

When it comes to style and design, the PHANTOM V Flip 5G sets a new standard. This smartphone is a masterpiece of aesthetics and functionality. Its sleek and elegant profile not only exudes class but also offers a comfortable grip. TECNO has meticulously crafted every detail, ensuring that this device is a fashion statement in itself. The PHANTOM V Flip 5G is designed to fit perfectly in your pocket, seamlessly blending into your daily life. With its Haute Black and Misty Dawn color options, you can choose the style that suits your taste and lifestyle.

The PHANTOM V Flip 5G features a remarkable 6.9-inch AMOLED flexible screen that will leave you in awe. This display isn’t just visually stunning; it’s a gateway to immersive experiences. Whether you’re streaming your favorite movies, playing graphics-intensive games, or simply browsing the web, the PHANTOM V Flip 5G’s display ensures vibrant colours and crisp details. What sets it apart is the “The Planet” cover screen, which transforms the device into a control centre when closed. This unique feature offers a new level of functionality, making multitasking and device control effortless.

Prepare to embrace the future with the PHANTOM V Flip 5G’s 5G connectivity. With lightning-fast internet speeds, you can enjoy seamless video calls, streaming, and online gaming. But that’s not all; this device is equipped with a powerful 4000mAh battery and a 45W flash charger making it the fastest charging flip phone in the world. So, say goodbye to the anxiety of running out of power – the PHANTOM V Flip 5G ensures you stay connected throughout the day.

Inside, the PHANTOM V Flip 5G is a punch with the Dimensity 8050 chip and a 6nm processor. Coupled with 8GB of RAM, it ensures swift and responsive performance for all your tasks and activities. And with a generous 256GB of internal storage, you have ample space to store your apps, games, photos, and videos. Powered by Android 13, the PHANTOM V Flip 5G offers a smooth and intuitive user experience that keeps you connected and entertained, no matter where you are.

Creativity is on the rise with the new PHANTOM V Flip, do not waste any time to get on the flip side that is perfect for your pocket. Follow TECNO on Facebook, Instagram and Twitter for the latest updates and be prepared to embark on an extraordinary adventure of art and technology like never before!

In a significant move towards enhancing the digital payment landscape in Nigeria, Interswitch, the leading integrated payments and digital commerce company in Africa, has recently unveiled its latest offering: Google Pay support on its payment gateway. This collaboration brings together the prowess of Interswitch’s extensive merchant network and the user-friendly efficiency of Google Pay’s digital wallet platform.

Google Pay is renowned for its seamless and secure payment solutions, making transactions a breeze, whether online or at brick-and-mortar stores. With this integration, Interswitch is extending the benefits of Google Pay to its vast customer base and merchant network in Nigeria. Users can now enjoy the convenience and security of Google Pay’s features, such as tokenization and biometric authentication, adding an extra layer of safety to their financial transactions.

For Interswitch, this partnership with Google Pay aligns perfectly with its mission to promote financial inclusion in Nigeria and beyond. By giving Nigerians access to this advanced digital payment solution, Interswitch is catalyzing a shift towards digital transactions while reducing the reliance on physical cash. Muyiwa Asagba, Managing Director of Digital Commerce & Merchant Acquiring at Interswitch, expressed his enthusiasm for the integration, stating, “We are excited to introduce Google Pay on our payment gateway in Nigeria. Google Pay is a widely trusted platform, and by integrating it into our payment gateway, it demonstrates our commitment to providing innovative and cutting-edge solutions to businesses and their customers in the country.”

This strategic alliance with Google Pay represents a significant milestone in enhancing the customer experience within the digital payment landscape. Notably, Interswitch’s Payment Gateway has gained recognition as one of the few Sub-Saharan African platforms acknowledged by Google Pay, as listed here. This recognition not only underscores the exceptional quality and reliability of Interswitch’s payment solutions but also solidifies its leadership in Africa’s evolving digital payment industry serving as a testament to Interswitch’s dedication to providing world-class payment solutions across the region.

Interswitch encourages both its merchants and customers to embrace this exciting new feature and leverage the convenience, security, and flexibility that Google Pay brings to its payment gateway. By consistently offering top-notch payment solutions, Interswitch ensures that Nigerians have access to the most advanced and secure payment options available. The addition of Google Pay to their arsenal not only fosters financial inclusion but also enhances overall payment experiences.

This collaboration marks a pivotal step towards transforming the online payment ecosystem in Nigeria. It creates an environment where businesses and consumers can thrive in a seamlessly interconnected digital world. As Interswitch continues to innovate and provide cutting-edge solutions, its partnership with Google Pay is a testament to its commitment to improving the digital payment landscape in Nigeria, ultimately empowering individuals, and businesses alike. Together, they are forging a path towards a more secure, efficient, and inclusive digital future for all.

To support female-led tech startups in Nigeria, the International Finance Corporation (IFC) and FSDH Merchant Bank have partnered to launch the Female Founders Growth Programme. The Female Founders Growth Programme is designed to empower these high-potential companies seeking to secure investment capital with comprehensive capacity-building support. The program will be jointly delivered by the IFC and WEAV Capital. 

Selected startups will participate in customized, intensive workshops focused on improving their business model, developing their fundraising strategy, and preparing their data room for investors. Selected startups will also undergo comprehensive training on financial management, cash flow optimization, and investment readiness for both equity and debt funding. 

Participants will also gain access to:

• Weekly one-on-one sessions with a business coach from leading global institutions.
• Expert consultation hours with seasoned subject matter experts across various fields. 
• Networking with leading investors in venture capital and venture debt.

The 6-week virtual program will commence in mid-October and end in November, culminating in a Demo-day showcase where founders will have the opportunity to pitch to a pool of investors, accelerators, and business leaders. The top pitch will win non-equity funding of $10,000. Additionally, all selected start-ups will have the opportunity to connect with and potentially receive funding from other participating investors in the program. 

To be eligible for the program, companies need to meet the following criteria:

• Have a female founder or co-founder (at least one female needs to be on the founding team)
• A technology or technology-enabled business in any sector
• Have a Minimum Viable Product and some initial users
• Achieved annual revenues between $20,000 and $1,000,000
• Received less than $500,000 in funding to date
• Been in operation for more than a year, but less than 5 years
• An early stage (pre-seed or seed) company seeking to raise an institutional round of funding to develop their product for the next stage of growth

Application window for the program closes on October 6^th, 2023. Applications will be reviewed on a rolling basis, and applicants are encouraged to submit their applications early. 

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 FSDH

FSDH Merchant Bank is Nigeria’s premier merchant bank with a history spanning over three decades. Through the FSDH Women-in-Business Initiative, FSDH is committed to investing in and supporting female-led companies, and their founders across Nigeria. 

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.

Xiaomi today revealed its latest Xiaomi 13T smartphones, designed and engineered for customers worldwide who are ready to unleash their visual artistry. Equipped with advanced performance optimization architecture and lasting battery life, and a crystal-clear display, Xiaomi 13T ensures outstanding smartphone experiences whether shooting photos, watching videos or in daily usage.

Create visual masterpieces with the latest imaging system

Xiaomi 13T features an impressive set of professional camera lenses. The 50MP wide angle camera features a 24mm equivalent focal length with a 7P aspherical lens designed to capture more light. The lens utilizes a multi-layer ALD coating to increase its light transmission rate and reduces optical reflection while the edge coating absorbs reflected light helping users achieve clearer and purer images for shooting at nights especially city scenes and backlit subjects. The 50MP telephoto camera features a 50mm equivalent focal length, while the 12MP ultra-wide-angle camera with a 15mm equivalent focal length, is ideal for capturing impressive panoramic shots of skylines and landscapes. Users simply can click on 0.6X, 1.0X, and 2.0X within the camera interface in the display before shooting, and they can easily use the most suitable lens for every shot.

Xiaomi 13T’s camera has a wide 100% DCI-P3 color range, enabling it to recreate colors that are very similar to human vision. Pro mode now enables users to adjust the levels of saturation, contrast and sharpness of images at the pre-set stage, thereby retaining more details and colors for post-processing. Preferred pre-sets can be saved and applied for future shooting at any time, so users can recreate their distinctive, personal photographic styles.

Candid photographs of people and places are made easier with Xiaomi Imaging Engine, enabling users to capture unmissable moments with incredibly detailed images. When zooming in with the main camera on quick moving objects, such as birds and butterflies, Xiaomi ProFocus technology enables clear images, capturing their movement in flight, as well as being great for shooting people and street scenes.

Xiaomi 13T’s rear cameras shoot video at 4K resolution in all focal lengths and has a host of functions to make it easy to capture and edit short videos ready to post online. Notably, the new separate tracks features for both subtitles and audio within the Xiaomi Gallery application makes it easier for users to edit videos more efficiently on their smartphones to create short videos for any platform or personal vlog.

Powerful and efficient upgraded performance and long battery life

Xiaomi 13T is equipped with MediaTek Dimenstiy 8200-Ultra, which is built for superb power efficiency using the latest TSMC 4nm process enabling improvements in CPU and GPU. Users enjoy a faster smartphone experience with longer battery life. When fully charged, Xiaomi 13T supports up to 14 hours of screen-on time, so there’s no need to worry about battery power when traveling around, taking photos and shooting video or watching favorite channels on the daily commute.

Xiaomi 13T supports Xiaomi 67W turbo charging, with a fast charging option that achieves a reassuring 21% in just 5 minutes.1 In addition, the 5000mm (2) stainless steel VC soaking plate achieves faster heat dissipation, convoying the continuous, long hours usage of the large 5000mAh (typ) battery.

Clearly vibrant display enhances video enjoyment

All eyes are on Xiaomi 13T’s clear and vivid 6.67” CrystalRes Display, with up to 144Hz refresh rate3 and 1.5K (2712 x 1220) resolution that greatly improves viewing and gaming experiences. The display features a high brightness mode of up to 1200nits with peak brightness of up to 2600nits,1 100% DCI-P3 coverage9 with 68 billion colors, supporting Dolby Vision®️ and end-to-end HDR10+. This enhances the contrast between dark and bright parts of the image, restoring the true texture of details, and balancing color saturation. Not only does Xiaomi 13T’s CrystalRes Display improve users’ enjoyment of watching their favorite content, but it also enables anyone embarking on a content creation adventure to record and edit eye-catching video anytime and anywhere. Supporting Dolby Atoms®️ with built-in dual speakers, Xiaomi 13T allows users to fully immerse themselves in movies and videos.

When the Pro HDR Display feature is enabled in the Xiaomi Gallery application, the CrystalRes Display offers brightness which is up to five times greater, providing users a more balanced, immersive and engaging viewing experience when watching HDR content.

Reassuring IP68 water and dust resistance2 paired with contemporary stylish good looks

Xiaomi 13T has a classic and elegant design and is available in three smart color options: Alpine Blue, Meadow Green and Black. The Alpine Blue model has a back panel featuring softly textured Xiaomi BioComfort vegan leather for a comfortable premium look and feel. The glossy Meadow Green and Black Xiaomi 13T models feature a glossy glass back panel that feels silky smooth for everyday use. The IP68 rating gives users reassurance that Xiaomi 13T is resistant enough to survive occasional splashes during everyday use and a spilt drink can be brushed off the device without a second thought.

We are proud to announce a significant enhancement to our commitment to providing exceptional software support. Xiaomi 13T Series will include four generations of Android OS upgrades, as well as five years of security patches.

Xiaomi 13T Quick Specs

	Xiaomi 13T
Design	Dimensions: – Meadow Green, Black: 162.2mm x 75.7mm x 8.49mm2 – Alpine Blue: 162.2mm x 75.7mm x 8.62mm2Weight:  – Meadow Green, Black: 197g2 – Alpine Blue: 193g2Xiaomi BioComfort vegan leather|Glass backCorning®️ Gorilla®️ Glass 5 frontIP685Colors: Alpine Blue, Meadow Green, Black
Camera	24mm Leica main camera – 50MP wide angle camera – 1/1.28” sensor size – 1.22μm pixel size, 2.44μm 4-in-1 Super Pixel  – f/1.9, 7P aspherical lens, OIS – Supports HDR10+ video recording for up to 4K at 30fps50mm f/1.9 telephoto camera – 50MP telephoto camera – f/1.9, 5P aspherical lens15mm f/2.2 ultra-wide camera – 12MP ultra-wide camera – f/2.2, 5P aspherical lensXiaomi ProFocusNight mode20MP front camera – f/2.2, 5P aspherical lens – Night mode – Portrait mode – HDR
Display	Up to 144Hz FHD+ 6.67”CrystalRes AMOLED display1 – 20:9, 2712 x 1220, 446 ppi – AdaptiveSync6, up to 480Hz touch sampling rate7 – Brightness: HBM 1200 nits (typ), 2600 nits (peak)2 – DCI-P3 color gamut3 – 68 billion colorsPro HDR displayDolby Vision®, HDR10+Adaptive reading modeUp to 2880Hz PWM dimming
Performance	MediaTek Dimensity 8200-Ultra – 4nm power-efficient manufacturing process – Arm Mali-G610 GPULPDDR5 RAM + UFS 3.1 storage – 8GB + 256GB, 12GB + 256GB8MIUI 14 based on Android 13
Battery & Charging	5000mAh (typ) battery67W turbo charging
Audio	Dual speakersDolby Atmos®
Connectivity	Dual SIM9Wi-Fi 6 capability10Supports NFC11BLUETOOTH® 5.45G: Supports NSA + SABands: – 5G:n1/3/5/7/8/20/28/38/40/41/66/77/78 – 4G: LTE FDDB1/2/3/4/5/7/8/12/13/17/18/19/20/26/28/32/66 – 4G: LTE TDD: B38/40/41 – 3G: WCDMA: 1/2/4/5/6/8/19 – 2G: GSM: 850 900 1800 1900 MHz

¹ Data tested in Xiaomi Internal Labs, actual results may vary.

² The device is certified to be water and dust resistant exclusively under specific laboratory conditions not corresponding to normal use conditions. The warranty does not cover liquid damage caused by conditions other than test conditions. Ingress protection might deteriorate due to wear and tear, physical damage and/or disassembly needed for repair. For more information, please see Xiaomi official website.

³ The screen supports a maximum refresh rate of 144Hz. The screen refresh rate may be slightly different under different application interfaces and game image quality. Please refer to the actual experience.

⁴ AdaptiveSync supports to switch between 30/60/90/120/144Hz.

⁵ Touch sampling rate may vary according to the content on your display.

⁶ Use of eSIM requires a wireless service plan. This service plan may be subject to certain restrictions of use on switching service providers and roaming (even after contract expiration). eSIM availability may vary depending on country/region and carrier. For more details, please contact your carrier for more information.

⁷ Wi-Fi connectivity (including Wi-Fi frequency bands, Wi-Fi standards and other features as ratified in IEEE Standard 802.11 specifications) may vary based on regional availability and local network support. The function may be added via OTA when and where applicable. 8 NFC availability may vary between markets.

⁸100% DCI-P3 coverage may vary according to the brightness of your display.

⁹ Color availability may vary between markets.

¹⁰ Actual features and functions may vary by region.

A transformation is on the horizon that will redefine the core of technology as we know it, as TECNO prepares to launch the unparalleled marvel that is the PHANTOM V Flip 5G. This isn’t just another smartphone; it’s a symphony of innovation, a crescendo of style, and an epic tale of technological prowess. This marvel is a device that doesn’t only keep up with the times but also propels you into the future. The PHANTOM V Flip 5G is what transports you to a realm where cutting-edge technology seamlessly intertwines with an impeccable sense of style.

Wednesday 27th September will mark the beginning of a journey filled with excitement, marvel, and the promise of an easier tomorrow as the PHANTOM V Flip 5G is more than a device; it’s a testament to human innovation, a bold step towards the future, and a companion that will redefine your everyday life. The PHANTOM V Flip 5G features an impressive 6.9-inch AMOLED flexible screen, providing an immersive canvas for your digital adventures. This vibrant display is not only visually stunning but also remarkably functional. When closed, it transforms into “The Planet,” a unique cover screen that empowers you to take control of the device effortlessly. Imagine navigating your smartphone world from a sleek and compact interface, unlocking new possibilities for multitasking and convenience.

Beyond the looks and optics, the PHANTOM V Flip 5G is equipped with the Dimensity 8050 chip, featuring a 6nm processor, ensuring swift and responsive performance. With 8GB of RAM and a generous 256GB of internal storage, this device offers the power and space needed for all your apps, games, and media. Powered by Android 13, it guarantees a seamless and intuitive user experience. As we eagerly await its official launch, the PHANTOM V Flip 5G is set to take your smartphone experience to uncharted heights, offering a tantalizing glimpse into the future of mobile technology. Stay tuned for the unveiling that promises to redefine the way you engage with your digital world.

With a flip in hand you’ve not only made a design choice but a statement, it’s set to revolutionize how you perceive and interact with your mobile world. Slip it perfectly into your pocket, and you’ll be carrying not just a device, but a fashion-forward accessory that speaks volumes about your taste and sophistication. Get ready to flip the script on technology – because the future is knocking, and it’s spectacular! The day is almost here and soon you can begin to flip to the future with a device that is perfect for your pocket. There will be more exciting news when you follow TECNO on Facebook, Instagram and Twitter. 
Follow TECNO on Facebook, Instagram and Twitter for the latest updates and be prepared to embark on an extraordinary adventure of art and technology like never before!