• Nigerian, Oluseyi Akindeinde, Secures Patent for Blockchain-driven Authentication System.

    Hyperspace Technologies Limited has secured a patent for Blockchain technology-driven Multi-Factor Authentication (MFA). 

    Developed within the Hyperspace Technologies’ research and development (R&D) division, cipherKEY tap2sign™ MFA is a next-generation security system designed to leverage the decentralized nature of blockchain, the robustness of public/ private key cryptography, and the convenience of NFC (Near Field Communication) technology to provide an unprecedented level of security against identity theft, phishing, and social engineering attacks

    Dr. Oluseyi Akindeinde has been credited as the inventor of this MFA that is poised to enhance a security system that requires more than one method of authentication from independent categories of credentials to verify the user’s identity.

    The patent application was officially filed on June 22, 2023, and the patent certificate, sighted by our reporter, indicates that it was granted on August 28, 2023. 

    In the age of digital transformation, security is paramount. As individuals, businesses and nations increasingly rely on digital platforms for everything from banking to social networking, the need for robust security measures has never been more critical. 

    One such measure is Multi-Factor Authentication (MFA), a security system that requires more than one method of authentication from independent categories of credentials to verify the user’s identity. 

    Today, Hyperspace Limited has introduced cipherKEYtap2sign™, a groundbreaking MFA technology that leverages the security of public/private keys, blockchain, Web3 technology, and contactless Near Field Communication (NFC) cards. 

    It utilizes the concept of “proof of possession” and a fourth factor of authentication – “something you do”.

    In the case of cipherKEY tap2sign™, “something you have” is the cipherKEY NFC card, and “something you do” is the action of tapping the cipherKEY NFC card against your phone. 

    This unique combination of factors makes thetap2sign™ system incredibly secure and user-friendly.

    Before securing the patent, the Blockchain technology-driven MFA was subjected to rigorous reviews and tests.

    Dr. Akindeinde’s inspiration for creating this MFA stemmed from his advocacies for blockchain technology-driven authentication processes. 

    “In a world where our digital identities are increasingly under threat, where a single misstep can compromise your entire network, where every transaction we make leaves us vulnerable, we understand your concern. We understand the sleepless nights. And that’s why we’ve spent years developing cipherKEYtap2sign™ MFA – your ironclad solution to security threats.

    “Imagine a wall. A wall so high and so robust, nothing unauthorized can get over it, under it, or through it. That wall is the cipherKEY tap2sign™ MFA, and we’ve designed it to protect what matters most to you – your identity, your data, your peace of mind”, he said.

  • Rack Centre, The Workplace Centre (TWPC) and United Way Greater Nigeria (UWGN) Partner to Train SMEs and Youths on Digital Skills.

     Rack Centre, West Africa’s Best-connected Carrier and Cloud neutral data centre has announced the launch of its CSR initiative in partnership with The Workplace Centre (TWPC) and United Way Greater Nigeria (UWGN) – The S.T.E.P. (Skills to Employment Program) and Digital Enablement Workshop, aimed at empowering 150 youths with essential digital skills and equipping 50 local SMEs around select areas in Lagos State.

    The focus areas available during the training include Graphic design, Digital Marketing, Front-end Web Development, Networking and Security and Soft skills. These trainings, which are in tandem with the sustainability programme of Rack Centre, are designed not only to bolster the capabilities of these individuals but also to create a ripple effect of positive change in society.

    Speaking on the CSR partnership, Chief Operating Officer, Rack Centre, Ezekiel Egboye, stated that the collaboration will empower the youths to become the next generation of tech-savvy professionals to compete favourably in the burgeoning digital economy. The strategy is to ensure that beneficiaries of the training get the opportunity to deploy the skills acquired in a competitive work environment.

    The 150 youths that will participate in S.T.E.P (Skills to Employment Program) will be equipped with essential digital skills that are pivotal in today’s fast-paced world. The training is dedicated to nurturing the next generation of tech-savvy professionals and will begin on the 9th October, 2023 and run for 8 weeks. 

    The beneficiaries of the Digital Enablement Workshop for SMEs will be upskilled with vital digital tools and practices that will enhance their operational efficiency, widen their market reach, and contribute to the sustainable growth of their businesses. The training aims at fostering technological advancement at the grassroots level will commence on the 6th November, 2023 and run for 4 weeks. Through this training, we envision a resilient ecosystem of thriving businesses that positively influence the economic landscape.

    “We are excited to partner with TWPC and UWGN to launch this important initiative. We believe this would go a long way to bridging the skill deficit prevalent among the youths and SMEs. The need for digital skills keeps growing daily, globally, and Nigeria is not exempted. We believe that through this effort, we can uplift communities, transform lives, and contribute to a brighter, more inclusive future,” he said.

    “We are proud to support this initiative, which will help to create a more inclusive and prosperous future for Nigeria,” said Dr Moji Olateru-Olagbegi, Chief Executive Officer of TWPC. “The digital economy is creating new opportunities for everyone, and we believe this is a step in the right direction,” she said.

    In her remarks, the Executive Director of UWGN, Deola Durodola, stated that the need for digital skills cannot be overemphasized because most businesses and operations have moved from the era of total dependence on brick-and-mortar to digital.

    “We are committed to helping young people develop the skills they need to succeed in the digital age. This training is a valuable opportunity for young people to learn new skills and gain practical experience,” she said.

    Experienced professionals in the digital industry will deliver the training. Participants will receive certificates upon successful completion of the training and will have access to internship opportunities within various organizations. 

    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

  • Algorand Blockchain Developers Bootcamp | September 2023.

    About the Algorand Developer Bootcamp 

    The Algorand Developer Bootcamp (Beginner) is an immersive 4-day training program specifically  designed to equip individuals with the necessary skills and knowledge to become proficient blockchain developers. The bootcamp offers a structured curriculum and hands-on projects to help  participants gain practical experience in blockchain development. Beginners can gain in-depth  knowledge about blockchain, deploy their first smart contract, and learn how to build a full-stack  decentralized app. 

    Benefits of Participating: 

    ● Gain valuable skills. 

    ● Get hands-on experience. 

    ● Learn from professionals. 

    ● Access job opportunities 

    ● Prepare for Algorand’s global virtual hackathon 

    Who can Participate: 

    The bootcamp is open to all developers with any level of experience in software development. 

    How to Participate: 

    You can register to participate in the Bootcamp registering here 

    Get in Touch 

    Follow the Algorand Nigeria community on Twitter and Telegram to learn more about this program  and other opportunities. 

    Why should I be interested in learning about Algorand and participating in the  Bootcamp? 

    • Algorand has different SDK’s to help you with the building process in different languages and  with extensive documentation. 

    • The costs and speed for testing on Algorand are extremely low, which will allow you to learn  and test without friction. 

    • The companies that work with Algorand are constantly looking for developers to join their work  teams. At the end of the Bootcamp, you will be able to participate in solving challenges that will  test your knowledge and will serve as a cover letter for you to apply for a Web3 job in the  Algorand ecosystem. 

    • This Beginner bootcamp will give you the foundations needed to take part in our Intermediate  bootcamp. 

    • Grow your web 3 developer skills on time to be able to participate in our exciting Global Virtual  Hackathon at the end of the year. We’ll release more details shortly. 

    Each session will be 2 hours. Here’s what you can expect to cover over the 4 days: 

    • Session 1: Algorand Developer Onboarding with JavaScript SDK & AlgoKit Installation • Session 2: Building a dApp with Beaker and Deploying with dAppFlow 

    • Session 3: Building & Debugging dApps with Beaker + PyTeal + PyTest 

    • Session 4: Adding a TypeScript Frontend UI to the Auction dApp

    Algorand Lagos Meetup: If you live in Lagos, you are invited to the Algorand Nigeria Developer meetup taking  place at the Impact Hub Lagos, Ikoyi, to connect with other developers and learn more  about opportunities for developers in Nigeria. Register here.

  • Itana Secures $2 Million Pre-Seed Funding to Pave the Way for Africa’s First Digital Free Zone.

    Itana (formerly Talent City) has raised $2 million in a pre-seed round led by global venture capitalists LocalGlobe, Amplo, Pronomos Capital, and Future Africa. The deal brings together a powerhouse of deep industry expertise and technical know-how from partners that have backed model digital societies such as e-Estonia, and built products that scale.

    Primed to be Africa’s first Digital Free Zone, this funding milestone will support Itana’s efforts to improve the ease-of-doing-business index, drive foreign direct investment, and catalyze employment in Nigeria.

    Itana is founded by Nigerian entrepreneurs, Luqman Edu (CEO) and Iyinoluwa Aboyeji (Founding Investor), alongside Coco Liu (COO). Luqman has an extensive portfolio, providing services and building technology solutions for cities and governments in the UK and Nigeria, while Iyinoluwa is the Founding Partner of Future Africa and  Co-founder of Andela and Flutterwave. Coco brings operational excellence from her experience working for some of the biggest global tech companies and building early-stage startups.

    Itana Free Zone will be designed specifically for local and global  startups, technology and service businesses looking to scale their operations across Africa without facing the challenges of unstable policies, infrastructural deficits and other business challenges. Using ‘Itana Edge’, our online one-stop-shop platform for business and government services, companies will also take advantage of globally competitive business policies and incentives (as a digital free-zone enterprise). These incentives include taxation, business visas, banking, capital repatriation and supportive legislation for businesses, whilst providing access to the local and international business community. With this, Itana aims to provide an environment that will allow companies to operate a global business in Nigeria from anywhere in the world, and have access to the largest markets in Africa. 

    “We are thrilled to announce this round of funding. It validates our efforts, and reiterates the aligned vision with our investors and partners to make it easy to invest and operate in Africa’s digital economy,” says Luqman Edu, Chief Executive Officer of Itana. “The African market is still largely untapped and Itana will provide the ideal business environment that will be fully online, for global  and pan-African digital and service companies to use Nigeria as an anchorage to operate with ease across the continent.” 

    Itana seeks to  provide an online jurisdiction (virtual city) –  similar to Delaware (U.S.), E-Estonia (Europe) or Dubai (Asia) – that allows global companies to remotely incorporate and operate in a Nigerian Free Zone without physical presence in one. Tech and service companies looking to launch virtually in Nigeria can sign up at www.itana.africa to join the waitlist to obtain an Itana Digital Free Zone business license, which will allow businesses to enjoy remote business set-up and operations.

    “Itana will enable entrepreneurs to build a globally respected business in Nigeria’s first digital free zone by leveraging benefits currently only enjoyed by traditional manufacturing or oil and gas industries who have traditionally set up in Nigeria’s free zones,” says Iyinoluwa Aboyeji, Founding Investor at Itana. “Within the Itana digital free zone startups will have the benefit of a stable policy environment, tax and capital repatriation incentives and the freedom to operate remotely without the need for an expansive physical presence within the free zone. I’m looking forward to the global businesses from Nigeria that will emerge from this.”

    The Itana community will also have access to their forthcoming flagship 72,000 sqm “live-work-build” campus, ‘Itana District, sustainably designed within Alaro City (in Lekki Free Zone, just outside of Lagos, Nigeria), where they will host both permanent residents and visitors from the digital community for networking events, coworking, coliving, and more. With the first phase of its development set for completion by 2027, the Itana District will lay the foundation of a model city and infrastructure for tech to build from Africa.

    “The market opportunity to serve digital service and technology businesses in Africa is significant – the ecosystem is growing at pace despite the huge infrastructure challenges faced by startups across the continent, says Yvonne Bajela, Partner at LocalGlobe. “We’ve seen the success of digital societies, such as e-Estonia, in enabling businesses to scale. We’re excited about the potential for Itana to proactively address these challenges whilst supporting a new generation of entrepreneurs in Nigeria and beyond. We’re thrilled to be backing such an ambitious team and look forward to working with them as they build a haven for African tech.”

    In 2022, Itana launched a digital residency program that allows participants – especially business executives and future residents – to try out the e-governance system, global connectivity, and the promise of a strengthened digital economy in Africa. This online community of Itana Digital Residents has grown into a member network of about 3,000 tech innovators and entrepreneurs building for the African continent.

    “Having interacted with a number of international companies operating in Nigeria, I am optimistic about the impact Itana will bring to Africa’s economy. We are building the infrastructure and systems to support businesses, so that things like opening a bank account or obtaining business licenses do not need physical presence” says Coco, Chief Operating Officer of Itana. “I hope that through what we build, we are able to provide a transparent and user-friendly platform to do business.”

    With a young and fast-growing population, Africa is an opportunity-rich continent for software developers and foreign direct investments – proven by Stripe Atlas (Delaware, U.S.) data showing  a 400% year-on-year growth of incorporated businesses from Nigeria.  Itana aims to create a culture that nurtures the  ‘builders of tomorrow’ – a community of founders, entrepreneurs, creatives,  innovators.

    Join the Itana waitlist and register your business in a digital free zone, visit www.itana.africa to get started.

    About Itana: Itana – derived from ‘Itanna’, yoruba for ‘kindling of a fire’ or ‘blossom’ – is Africa’s first digital free zone. It will be a fully online jurisdiction for the digital economy with the ideal policies, business

    Itana Digital Free Zone
    Itana Site Development
  • Calling All African Founders: Apply NOW for training, mentorship, and up to N10m in shared grants through the Beyond Limits Fellowship for Founders

    We are thrilled to present the Beyond Limits Fellowship for Founders, a game-changing initiative designed to be a finishing school for founders, empowering early-stage startup founders on their path to sustainable growth. 

    This transformative 6-week program has been curated to strengthen leadership and other critical skills, ensuring the founders who pass through can thrive in the dynamic landscape of entrepreneurship in Africa.

    Highlights of the Program:

    🌟 Mentorship: Receive personalized guidance from accomplished entrepreneurs & specialists

    🚀 Funding and Grants: Showcase your ideas to potential investors and secure grants

    📚 Tailored Curriculum: Access curriculum tailored for the specific needs of early-stage founders

    💡 Resource Hub: Access investors, funding channels, co-working spaces, and technical experts

    🤝 Networking Opportunities: Build connections through curated networking events and workshops.

    Key Dates:

    📅 August 28th – September 22nd: Application Portal Opens 

    📣 October 1st : Cohort Announcement 

    🚀 October 7th: Fellowship Begins 

    🎓 November 4th: Fellowship Concludes/Graduation

    Esteemed Faculty Members:

    Our faculty is comprised of seasoned industry experts who will enrich your learning journey.

    👩‍🔬 Dr. Juliet Ehimuan – Founder, Beyond Limits Africa & Former Director, Google West Africa 

    🚀 Iyin Aboyeji – Co-Founder, Future Africa / Flutterwave 

    🌐 Tidjane Deme – General Partner, Partech 

    📷 Uche Pedro – CEO, BellaNaija 

    🌟Ike Echeruo – Founder & Managing Partner, Constant Capital 

    📈 Biola Alabi – General Partner, Acasia 

    🌱 Bunmi Akinyemiju – CEO, Venture Garden Group; Managing Partner, GreenHouse Capital 

    🌍 Osayi Alile – CEO, Aspire Coronation Trust Foundation 

    💡 Fikun Aluko – Director of Innovation and Technology, Beyond Limits Africa

    Eligibility and Selection Criteria:

    The Beyond Limits Fellowship for Founders caters to executive leaders of early-stage startups. To qualify, individuals must: 

    👤 Be aged between 20-35 

    🌍 Be based in Africa. 

    🚀 Have participated in no more than two accelerator programs. 

    Join the Beyond Limits Fellowship for Founders for a transformative journey into the world of entrepreneurship. Become a Beyond Limits Fellow and help shape the future of entrepreneurship in Nigeria. 

    The application portal opens on August 28th and closes September 22nd 2023 – Get ready to unlock new levels in your startup game! 

    Apply for free! Fellowship.beyondlimitsafrica.com

  • Final Call for Fintech and Web3 Startups to Apply to Pitch Live at Africa Money and DeFi Summit West Africa.

    The final deadline for Fintech and Web3 startups across Africa to apply for the Africa Money & DeFi Summit investment Showcase is set for September 8th, 2023. 

    With an audience of African focused tech investors, 10 ventures will have the opportunity to pitch their solutions and current “ask”, live on stage in Accra, Ghana on October 3rd & 4th. The Africa Money and DeFi Summit continues to connect investor ready ventures from across Africa with corporates, investors, and global opportunities.

    To meet eligibility requirements, startups must be African, (have at least one African co-founder or headquartered in Africa), have a product or service available in the market generating revenue or an MVP with existing traction, have a product or service that is innovative and designed for scale. In addition, all applicants must be able to present in person at the Africa Money and DeFi Summit West Africa in Accra. 

    Successful applicants will be contacted on a rolling basis.

    Applications are open here, until September 8

  • Quick Cart Africa Inc: Bridging Gaps, Tackling Food Loss, and Creating Social Impact.

    In the bustling streets of Nairobi, the heart of Kenya’s vibrant economy, Quick Cart Africa Inc. is making waves by transforming the way local retailers “mama mbogas”, operate and revolutionize Kenya’s grocery scene.

    What started as a childhood memory for the founder Joel Mutua, EX-Amitruck has evolved into an innovative platform that is not only changing the grocery industry but also making a significant social impact.

    Joel’s journey began as he accompanied his late mother on her daily rounds, delivering groceries to households across the city. Those humble beginnings not only helped them make ends meet but also fueled Joel’s passion for change. His experience laid the foundation for Quick Cart Africa’s mission: to uplift and empower the mama mbogas while revolutionizing Africa’s grocery ecosystem.

    Collaborating with his co-founder, Rediet Kassahun, who brings with her a background in import and export from her home country, Ethiopia, and who gained firsthand experience of the challenges faced in accessing fresh and affordable products with convenience when she relocated from China to Kenya. Joining forces with them is Justus Mwangi, an Ex-Safaricom senior full-stack developer, who is the visionary behind the technological aspects of this endeavor. Unified by a common aspiration to create a substantial and lasting impact, they harnessed their diverse perspectives and expertise to construct a platform that seamlessly integrates cutting-edge AI and ML technologies, forming the foundation for their ambitious venture.

    The founders understood that mama mbogas play a crucial role in serving their communities but often face hurdles such as inventory management, and post-harvest losses. Quick Cart Africa’s platform addresses these challenges by offering demand forecasting tools that optimize inventory and reduce wastage. This not only benefits the retailers but also ensures a more sustainable and efficient supply. According to report by Goobjoog News, post-harvest loss accounts to $4billion in Africa annually with the World Food Programme describing it as a leading cause of food insecurity globally. According to the WFP, 1.3 billion tons of “all food produced for human consumption” lost or wasted. There is a need to address this loss and wastage, especially in developing markets where most local retailers lack special storage to store their excess inventory. Quick Cart Africa’s initiative addresses these pressing concerns. lowering food loss by 38%.


    This growth is a testament to the effectiveness of its platform and its ability to bridge the gap between mama mbogas and the evolving needs of modern consumers.

    Quick Cart has remarkably achieved an increase in its client base that has significantly increased the social impact locally. Through collaboration with Quick Cart, mama mbogas, which previously served a mere 100 customers daily, has now remarkably scaled up to attending to 500+ customers.

    Alvin Amandla, Quick Cart Africa’s first beta customer who started using the app in January 2023, stumbled upon Quick Cart’s flyer under his door one day. Intrigued, he decided to give it a try, after coming back from work. When we asked for feedback, Alvin’s excitement was evident: “I found the flyer, tried it, and within 10 minutes, my groceries arrived. ,” I have a busy schedule and I enjoy cooking so Quick Cart was an immediate solution to my problem” and now I pay in advance without hesitation. I love the app, and the customer service and riders are fantastic.” Alvin’s experience reflects the game-changing convenience Quick Cart offers, with many customers echoing similar sentiments.

    Gitari Timira, co-founder at Fingo Africa and Quick cart Africa’s very first non-family investor. His belief in our vision is not just about numbers and profit margins; it’s about investing in the potential of our young, dynamic team. Gitari once shared, “I’m not just investing in a business; I’m investing in the people behind it. I see the fire in their eyes and the dedication in their hearts. That’s where the real magic happens.” Gitari’s support goes beyond financial backing; it’s a testament to the trust he places in our team’s passion and determination, making him not just an investor but a valued member of our journey towards success.

    Quick Cart stands as a beacon of innovation and transformation in the realm of grocery delivery. We’ve breathed new life into local retailers, “mama mbogas”. Our very first customer’s heartfelt testimony underscores the profound impact we’ve had on daily lives, making shopping not just a chore but a delightful experience. And with the unwavering support of our first investor, who saw the fire in our team’s eyes and believed in our vision, we are deeply thankful and grateful. As we continue this journey, we remain committed to our mission of enhancing convenience, supporting local businesses, and creating lasting connections within our community.


    Inclosing, Quick Cart didn’t just set out to revolutionize groceries; it’s on a mission to reshape the entire African continent. With an audacious vision, Quick Cart Africa is forging alliances with local retailers, igniting a dynamic spark that’s not only redefining shopping but is creating a ripple of social change. Beyond the aisles and digital carts, their endeavor aims higher: to democratize access to food. From Nairobi’s bustling streets to the farthest corners of Africa, Quick Cart is weaving a tapestry of affordability, accessibility, and empowerment. This is more than just commerce; it’s a movement that resonates with every basket-filled and every life touched.


    Collaborating hand in hand with local retailers, it’s not just about groceries—it’s a dynamic force driving social change. The goal? To make food affordable and accessible across the continent. Beyond transactions, this is a narrative of empowerment, weaving a story of impact from corner shops to vast landscapes. Quick Cart isn’t merely shopping; it’s a transformative voyage echoing with every transaction, resonating far beyond the cart.

  • Redmi Note 12 Series Mega Discount: Your Gateway to Value and Innovation.

    Are you ready for a smartphone experience that combines unparalleled innovation, cutting-edge technology, and unbeatable affordability? Look no further than the Redmi Note 12 Series, the true embodiment of Xiaomi’s commitment to providing exceptional mid-range smartphones that outshine the competition. And now, from August 28th to October 8th, your opportunity to own a piece of this extraordinary technology is even more irresistible, thanks to the Redmi Note 12 Series Mega Discount.

    The Prime Time for Smartphone Enthusiasts

    From the 28th of August to the 8th of October, the smartphone market will witness a game-changing event – the Redmi Note 12 Series Mega Discount. This limited-time promotion invites you to embark on a journey of value, performance, and style, all while saving a significant chunk of your hard-earned money. If you’ve been considering upgrading your smartphone, this is the moment you’ve been waiting for.

    Elevate Your Mobile Experience

    When it comes to mid-range smartphones, the Redmi Note 12 Series stands head and shoulders above the competition, surpassing devices like the TECNO CAMON 20 and Infinix Note 12. Packed with an array of features that redefine what’s possible in this price segment, the Redmi Note 12 Series is a true game-changer.

    Redmi Note 12: More Than Meets the Eye

    The Redmi Note 12 boasts a remarkable 50MP AI triple camera that captures stunning detail and vibrant colors.The phone’s 120Hz AMOLED display guarantees smooth visuals and immersive experiences, bringing content to life like never before. With a substantial 5000mAh battery and 33W fast charging, the Redmi Note 12 keeps you powered up throughout the day, ensuring you’re never slowed down by a low battery.

    Under the hood, the Snapdragon 685 ensures swift performance and seamless multitasking, making the Redmi Note 12 a true workhorse for all your needs.

    Redmi Note 12 Pro+ 5G: Power and Performance Combined

    For those seeking the pinnacle of performance and innovation, the Redmi Note 12 Pro+ 5G takes the stage. Its groundbreaking 200MP camera with Optical Image Stabilization (OIS) sets a new standard for smartphone photography, capturing detail and clarity beyond imagination. The 120W HyperCharge technology ensures your phone goes from zero to hero in record time, while the 120Hz AMOLED display offers a visual feast that’s hard to match.

    Unbeatable Discounts and Extra Perks

    During the Redmi Note 12 Series Mega Discount event, your investment in innovation is rewarded with remarkable savings and exciting freebies:

    Redmi Note 12: Purchase this incredible device and enjoy a 10,000 naira discount, along with a complimentary 20,000mAh Redmi Power Bank.

    Redmi Note 12S: Elevate your experience with a 15,000 naira discount and receive a Redmi Band 2 to track your health and activities.

    Redmi Note 12 Pro: Capture memories like never before and receive a Redmi Band 2 as a free gift with your purchase.

    Redmi Note 12 Pro+ 5G: Embrace the future with the Redmi Band 2 included alongside your purchase.

    Your Path to Tomorrow Begins Today

    Mark your calendars for the 28th of August, and make your way to the nearest Xiaomi store or authorized retailer to secure your very own Redmi Note 12 Series smartphone. With the Mega Discount event lasting until the 8th of October, you have plenty of time to make the right choice.

    Don’t miss out on this opportunity to own a smartphone that transcends expectations and delivers exceptional value. The Redmi Note 12 Series Mega Discount is your gateway to innovation – seize it while you can!

  • Over 200 Leading African and Global Organizations Set to Convene at Africa Fintech Summit Lusaka, Zambia, this November.

    The stage is set for the largest gathering of fintech stakeholders from around Africa and the globe as the Africa Fintech Summit prepares for its 10th edition. The summit, renowned for fostering meaningful conversations, partnerships and other ecosystem-enabling engagements, is scheduled to take place from November 2-3, 2023, at Ciela Resort and Spa in Lusaka, Zambia.

    The Africa Fintech Summit has become a platform where innovators, entrepreneurs, regulators, investors, and other influential players convene to chart the course for Africa’s fintech landscape. With the fintech sector on the continent witnessing exponential growth and transformation, this year’s summit aims to accelerate the pace of innovation, foster partnerships, and address critical challenges faced by the industry.

    AFTSLusaka2023 will feature representation from an array of esteemed organizations spanning the public and private sectors. From innovative fintech startups and disruptive tech companies to established financial institutions, regulatory bodies, and investment firms, the attendee list for this year’s event is as broad and diverse as ever. The following companies and organizations are registered and/or speaking at AFTSLusaka2023.

    Regulators, Government & NGOs

    Office of the President of the Republic of Zambia, Ministry of Technology & Science, Zambia; Capital Markets Authority (Kenya), Prosper Africa, Africa Trade Initiative, U.S. Department of State, USAID, World Bank, UNCDF, Financial Sector Deepening (FSD) Africa, Dutch Entrepreneurial Development Bank, Norfund, and others.

    The stage is set for the largest gathering of fintech stakeholders from around Africa and the globe as the Africa Fintech Summit prepares for its 10th edition. The summit, renowned for fostering meaningful conversations, partnerships and other ecosystem-enabling engagements, is scheduled to take place from November 2-3, 2023, at Ciela Resort and Spa in Lusaka, Zambia.

    The Africa Fintech Summit has become a platform where innovators, entrepreneurs, regulators, investors, and other influential players convene to chart the course for Africa’s fintech landscape. With the fintech sector on the continent witnessing exponential growth and transformation, this year’s summit aims to accelerate the pace of innovation, foster partnerships, and address critical challenges faced by the industry.

    AFTSLusaka2023 will feature representation from an array of esteemed organizations spanning the public and private sectors. From innovative fintech startups and disruptive tech companies to established financial institutions, regulatory bodies, and investment firms, the attendee list for this year’s event is as broad and diverse as ever. The following companies and organizations are registered and/or speaking at AFTSLusaka2023.

    Regulators, Government & NGOs

    Office of the President of the Republic of Zambia, Ministry of Technology & Science, Zambia; Capital Markets Authority (Kenya), Prosper Africa, Africa Trade Initiative, U.S. Department of State, USAID, World Bank, UNCDF, Financial Sector Deepening (FSD) Africa, Dutch Entrepreneurial Development Bank, Norfund, and others.

    Banks & Telecommunications Companies

    Afreximbank, Ecobank, Absa Bank, Citi Bank, I&M Bank, Diamond Trust Bank, First City Monument Bank, Standard Chartered, Zanaco, MTN, and others.

    Media Companies

    TechCabal, Technext, The Kenyan Wall Street, African Media Agency, TechTrends Zambia, Africa.com, Financial Insight, Get Funded Africa, TanTV Studios, Bitcoin Kenya, and others. 

    Non-Fin, Tech Companies 

    Amazon Web Services (AWS), Thales Group, Integrated Biometrics, and others.

    Ecosystem Associations & Players

    Payments Association of Zambia, Bankers Association of Zambia, BongoHive, Corporate Council on Africa, Kenya Bankers Association, Fintech Association of South Africa, Mauritius Finance, Congo Business Network, Africa Tech Festival (Informal), and others. 

    Industry Research & Consultants

    Wall Street Africa, Briter Bridges, Asoko Insight, Dedalus Global, Ibex Frontier, Deloitte, KRL International, Mansa Advisory, Invictus Solutions, Flawless Events, and others.

    Other 

    TNC Wealth Partners, Kleiner Apex, and others.

    About Africa Fintech Summit 

    The Africa Fintech Summit is a collaborative initiative between Dedalus Global and Ibex Frontier dedicated to fintech on the continent and a must-attend event for investors, tech and finance innovators, and policymakers alike. It aims to showcase the innovation and entrepreneurs driving Africa’s digital transformation across the diverse financial products and services sectors. 

    On November 2-3, 2023, AFTS will run its 10th Africa Fintech Summit in Lusaka, Zambia, with a hybrid setting – in-person & virtual attendees meeting from across the globe. The Summit will bring around 700+ in-person and 1,000+ virtual attendees coming from 53 countries. Check our website for more information at https://africafintechsummit.com/

    Press contact:

    Africa Fintech Summit 

    Charles Isidi 

    Head of Marketing and Communications.

    charles@africafintechsummit.com 

  • Cenoa, the dollar account for emerging markets, launches in Nigeria

    Cenoa, the dollar account for emerging markets, launches in Nigeria

    Cenoa, the zero-fee dollar account that improves access to dollar-based products in emerging markets, announces its strong entrance into the Nigerian market, exceeding 50K+ sign-ups in a month. Based on this substantial demand, the team also declared its commitment to the Nigerian market and a global mission to enhance accessibility to digital dollars for everyday users.

    With rising global inflation, devaluations, and local currency meltdowns at a 40-year high, people in emerging economies are struggling to protect their money’s value. Many are resorting to storing savings in strong currencies like the US Dollar. As technology expands on the continent and more Nigerians embrace the internet and access global services, dollar transactions are also becoming more common. Most online services like Spotify and Netflix prefer USD over local currencies. However, buying & selling dollars, transferring dollars, and using it for daily expenses is difficult and costly in Nigeria and a lot of other economies. The dollar is scarce and despite FX reforms from the Central Bank of Nigeria (CBN)  the problems persist.

    To address these problems, Cenoa has introduced a zero-fee dollar account that makes buying dollars safe, easy, and affordable for Nigerians. Cenoa is a global dollar account that improves access to digital dollar-based savings products and is ideal for everyday people in emerging markets. The company offers enterprise-grade security, seamless user experience, and cost-free transactions. They do this by building their services on blockchain technology which radically cuts intermediary costs and eliminates inefficient traditional finance procedures. The process of depositing, withdrawing, and sending dollars internationally or locally are all simple and cost-free. Cenoa also offers unified exchange rates—without markups, spreads, or commissions—so people can buy and sell dollars at the same rate. Unlike traditional banks that impose high fees and complicated currency exchange procedures, Cenoa keeps things easy for everyday users. Cenoa also has a mobile application available on both Android and iOS platforms, across 40+ markets. This mobile app is a non-custodial blockchain wallet that is designed to provide its clients with security and full control over their financial assets. 

    Though built as a dollar account for emerging markets, Cenoa is already integrated with Fonbank, Paychant, and Transak, a licensed UK Financial Conduct Authority fintech and these integrations establish a seamless connection between Cenoa and local banking systems. These integrations enable effortless access to USDC (US Dollar Coins) issued by Circle, connecting Cenoa with the local deposit and withdrawal options for Nigerian users. Circle is a regulated fintech entity on par with PayPal, Stripe, and Apple Pay. It undergoes regular audits and SEC reviews, reaffirming its trustworthiness. Cenoa’s software has received a stamp of approval from Certik and Cenoa’s foundation is crafted by top global experts in defense engineering from around the world.

    Speaking of this expansion into Nigeria, Seçkin Çağlın, founder and co-CEO of Cenoa, says “In Nigeria, Cenoa’s mobile application has surpassed our expectations, attracting over 50,000 sign-ups in just a month with a stellar 4.7/5.0 store rating. This strongly highlights the demand for accessible digital dollars, particularly in emerging markets dealing with high inflation. Our commitment to this cause has never been stronger, as we continue to offer zero-fee dollar transactions, empowering everyday individuals. This stride reinforces our global mission in 40+ countries and the significance of Nigeria within it.”  Echoing similar sentiments, Emre Ertan, founder and Co-CEO of Cenoa, adds, “At Cenoa, we’ve witnessed the financial challenges faced by emerging economies due to soaring global inflation. Our mission to provide a simple, fee-free solution to accessing digital dollars has resonated powerfully. The integration of Transak, our collaboration with Circle, and the approval of the Certik audited smart contract attest to our commitment to safeguarding clients’ financial assets. We’re excited to have surpassed the 50K user milestone thanks to the demand in Nigeria, and this success only fuels our determination to redefine digital dollar accessibility globally.”

    Cenoa was founded in April 2022 by a team of four and is based in Singapore. The four person founding team consists of co-CEOs Emre Ertan (former CPO & CTO of rapid delivery decacorn Getir) and Seçkin Çağlın (ex-McKinsey, former Head of Cards & CMO of BBVA Garanti Payments), and technical co-founders Sırrı Perek (Facebook) and Buğra Çakmak (Google). The company’s international team works from Turkey, Singapore, the UK, Italy, Germany, and Switzerland. 

    In January 2022, Cenoa announced it had raised $7 million in seed funding. The fundraise was led by San Francisco-based venture capital firm Quiet Capital—an early backer of Robinhood, and Underscore VC—a Boston-based firm focused on backing the next generation of iconic companies at their earliest stages. Other investors include Human Capital, Ulu Ventures, Acrew Capital, and Collective Spark—who have all invested in successful well-known global neobank and fintech unicorns such as Chime, Coinbase, Brex, and SoFi.

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    Cenoa’s target for the next two years is to serve millions of customers worldwide and bring easy and cost-free access to digital dollars for everyday usage. Cenoa is dedicated to providing tools for fighting inflation globally and specifically for the people of emerging countries. Having recognized the demand in Nigeria, Cenoa remains committed to assisting the nation to make a positive impact on Nigerians’ daily lives. To reinforce this, Nigerian talent is being added to the workforce. Cenoa’s goal is to enhance lives in Nigeria and beyond. 

    For further information, you can contact  Ece Dogan here. You can also find Cenoa on the web, Twitter, Instagram, and LinkedIn.

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  • Interswitch Techconnect 3.0 – Driving Payments Innovation Nationwide.

    As millions of Nigerians embrace digital transactions, the payments landscape continues to undergo remarkable evolution. Technology continues to reshape businesses and economies worldwide, therefore, embracing innovation is no longer a luxury but a necessity. s

    In this dynamic space, Interswitch has emerged as a trailblazer, spearheading innovation not only within Nigeria but across Africa. On its part, the technology company has continued to develop extensive technology infrastructure that serves as the bedrock on which various innovative products and solutions are designed.

    These products and solutions will be highlighted at the forthcoming Interswitch Techconnect 3.0 event, which stands as a testament to Interswitch’s dedication to creating solutions with innovation at their core. Its lineup of groundbreaking solutions has, for decades, changed the face of digital payments in Nigeria and remains poised to redefine the payments sector.

    The Techconnect 3.0 event will be live in five states including Oyo, where the event will kick off on September 7, 2023, at the International Conference Centre, Ibadan, the state capital. The other cities are Port Harcourt, Enugu, Abuja, and Lagos, where Port Harcourt, Enugu, Abuja, and Lagos, where stakeholders, partners, industry experts, business leaders, and potential clients will converge. The event’s primary objective is to foster discussions, drive collaboration, and explore new horizons within the digital payment ecosystem.

    As a cutting-edge and people-centric brand, Interswitch’s solutions and products have been tailored to meet the unique needs of businesses that seek operational efficiency while also boosting their customer experience. 

    These products and solutions that were forged through a blend of technological prowess and a deep understanding of local business dynamics, hold the potential to revolutionize the way enterprises operate. Interswitch recognizes the important role of digital payments within an economy, and for this reason, it has continued to harness its undeniable power, while also advancing its message through events such as Techconnect.

    The technology company understands that the adoption of digitalization in businesses can streamline operations, optimize financial transactions, and ultimately achieve sustainable growth. By providing innovative tools that simplify and enhance payment processes, Interswitch empowers businesses to focus on their core activities, driving economic progress and modernization. 

    The stage is set for the Interswitch Techconnect 3.0 event that will feature panel discussions, highlighting trends such as cross border payments, mobile payments, and other novel concepts such as Machine Learning, Artificial Intelligence and Blockchain shaping the payments ecosystem in Nigeria and beyond. Interswitch remains an enabler of the fintech ecosystem in Nigeria, and it continues to provide avenues for growth and innovation in the financial industry and payment ecosystem.

  • Pesapeer Rebrands as Pesa: Instant Money Transfers, For Crucial Moments.

    • The digital finance company unveils a new brand identity reflecting the company’s expanded focus and commitment to localising the global money transfer experience for immigrants.
    • Launched in 2021, the Pesa App has now attracted more than 30,000 immigrant customers, while still enabling free and seamless cross-continent payment across Africa, Europe, America and Asia. 

    Pesapeer announces its new brand name, Pesa; a nod to the Swahili’s translation of money –  and a new identity, reflecting the company’s redefined strategy focused on the global future of cross-continent payment. 

    Following its launch in the United Kingdom as well as the introduction of digital wallets in Nigeria, and Australia, this rebranding effort is a critical part of Pesa’s effort to reiterate its commitment to delivering customer-centric, digital-led and global-first payment solutions in three areas – seamless money transfer, ease of payment for students, and borderless ease of moving money.  

    The new brand identity has been unveiled across owned platforms – website, social media, and mobile app. Elements of Pesa’s brand evolution include;

    New Logo: As a prominent representation of the company, people and brand, the new logo is simple, clear, and smart. The logo reinforces the borderless strategy with an open door-like frame that passes across the idea of movement without limitation.  

    New Brand Colors: While the Pesa App retains its Pesa blue, there is an introduction of fresh colours that speak to the diversity and richness of culture. The black symbolises its sophisticated, modern and futuristic features. The green represents its harmonious design and ultra-easy onboarding complemented by delightful customer experience while the pink palettes hope to evoke nostalgia, especially in this increasing immigration climes. 

    New Brand Tagline: Imagine a smaller world; a poetic nod to how digitization is truly eliminating borders with solutions that drive connectivity and growth.

    In the same stream, Pesa is enhancing its innovation-leading remittance solution into a one-catch-all platform for cross-border payments. With an unmatched foundation of cross-country payment, the company is expanding its services across continents and opening new growth areas, leveraging its core cross-border assets – including global settlement capabilities, network, compliance and technology systems – to enable international cross-border payments in minutes.

    “While our business has grown over the past few years, it became clear that perceptions of the company have not evolved at the same pace,” said Tolu Osho, Co-Founder and CEO of Pesa. “The rebranding marks a new Pesa both inside the company and out, with a hyper-focus on the global audience and the changing payment environment. Pesa’s core values of ease, inclusion and transparency, along with our clear strategy, will power this transformation as we go to new markets.”

    Pesa retains its leading customer experience with its user-friendly interface that allows customers to send money in just a few clicks, transparent and competitive exchange rates and no fees to Africa, Asia, America, etc. Transfers on Pesa remain free for all users and conversation rates to different corridors retain their wide competitive edge over other players. 

    About Pesa 

    Pesa, previously named Pesapeer Limited, is registered with the Financial Transactions and Report Analysis Center of Canada (M20300281) as a Money Service Business and also registered as a PSD Agent with The Financial Conduct Authority in the UK.

    You can download Pesa on iOs and all Android stores

  • ARM Labs Innovation Program Cohort 5 Celebrates Successful Demo Day.

     The ARM Labs Innovation Program, a flagship initiative of ARM Group, celebrated the successful Demo Day for its 5th cohort. The event took place at the ARM Group Head Office in Lagos, Nigeria, and featured presentations from five promising startups that have completed the intensive seven-week program. The ARM Labs Innovation Program is a renowned support program designed to nurture and empower selected Nigerian startups. Its mission is to improve their products, expand their market reach, and strengthen their team’s skillset to enhance their chances of success.

    This year, the Innovation Program expanded to accommodate FinTech, PenTech (Pension Tech), Data Intelligence, and Digital Trade startups. With a focus on empowering Nigeria’s future leaders, the program aimed to discover and support potential startups in these categories.

    Speaking at the event, the Director of Digital Transformation at ARM, Ina Alogwu said “Entrepreneurs that have very interesting things have ARM Labs’ commitment to assist them.

    We don’t just try to offer financial support; it goes beyond that. Think of a venture like a growing child. When the kid is younger, they need a lot of handholding and that is what we are trying to do. We are using our expertise to try and guide ventures while also seeking external mentors

    who come from several fields and backgrounds to help us achieve that objective as well.” Following a rigorous selection process, five ventures were chosen to participate in this year’s cohort. The program, executed in partnership with Techno Vision, an esteemed African entrepreneurship support organization, provided an enriching experience for selected

    founders. They worked closely with a diverse range of mentors and industry leaders to enhance their products, expand their market reach, and maximize their potential for success.

    Cohort 5 Start-Ups Showcased:

    Arich (FinTech): Arich is a digital bank that provides mobile banking, lending, investment, savings, and banking tools to small and medium enterprises while helping individuals build wealth through a decentralized investment model.

    2. GoNomad (FinTech): GoNomad enables entrepreneurs in emerging markets to incorporate their companies globally in countries such as the US, UK, and UAE within 5  business days.

    3. Periculum (Data Intelligence): Periculum is a data analytic Artificial Intelligence and Machine learning software company that empowers organizations in underserved markets, focused on bringing intelligence to the core of everything that matters most to customers.

    Wano (FinTech): Wano is a banking-as-a-service platform that helps African businesses provide financial services to customers using WhatsApp.

    5. Farmer First (AgricTech): Farmer First is an AgricTech company that deepens financial inclusion, providing micro-loans and access to the market for Farmers and Women Agro-Traders in Nigeria.

    Sadiq Mohammed (Deputy CEO, ARM Group) highlighted ARM’s goal for supporting innovation

    in Africa and discussed the group’s innovation initiatives and partnerships. He discussed ARM’s role in providing platforms to nurture and develop innovative ideas within the ecosystem through programs such as the Deji Alli ARM Young Talent Awards (DAAYTA), ARM Labs Innovation Program, and ARM Labs Lagos Techstars Accelerator Program.

    In addition to the investment of up to $50,000 in each startup, the ARM Labs Innovation Program 5.0 provided comprehensive training, cutting-edge office workspaces, potential collaborations with ARM subsidiaries, and access to an extensive network of investors. Over the last four cohorts, the program has invested over $400k and supported over 21 notable Nigerian startups, with some securing coveted spots in prestigious international accelerators such as Y Combinator and TechStars.

    About ARM:

    Established in 1994, ARM is a leading investment management firm providing a wide range of wealth management services to a substantial and diversified client base, including corporations, foundations and charities, high net-worth individuals, and small savers. For more information, visit ARM’s website.

    About TVC Labs:

    TVC Labs, a support organization for entrepreneurs, offers strategic and operational assistance to early-stage African startups. Through a carefully crafted mentorship program, TVC Labs empowers founders to realize their complete vision. Their goal is to discover, finance, and support African innovators who are creating startups with both commercial and social

    influence within the continent and beyond.

  • Career Connect Summit Ogun 2023; Navigating Entrepreneurial Frontiers In The Tech Industry.

    by Sakeenah Kareem.

    In an era where innovation and technology serve as the backbone of modern economies, the fusion of entrepreneurship and technology has become an indispensable force driving societal progress and economic growth. 

    Against this backdrop, the recently concluded Career Connect Summit 2023 emerged as a beacon of insight, guidance, and inspiration for aspiring technopreneurs and entrepreneurs alike. 

    The summit, held at the Federal University of Agriculture, Abeokuta (FUNAAB), brought together over a thousand participants across Ogun state and beyond, uniting them in a collective pursuit of knowledge, networking, and the exploration of the dynamic intersections between technology and entrepreneurship.

    Conceived under the leadership of Mahmoud Damisi and Peter Ojo, the Career Connect Summit was imbued with a profound purpose: to offer a platform where leaders, administrators, and top professionals across diverse industries could share their success stories, unveil the uncharted territories they navigated, and shed light on how they triumphed over adversity to inspire the next generation. 

    The thematic focus, “Narrative Influence: Shaping the World Through Stories,” crystallised the idea that tales of challenges, triumphs, and strategic manoeuvres wield the power to shape not only individual trajectories but also the broader landscape of business and technology.

    Mahmoud Damisi, the driving force behind the summit asserted that the conviction that unifying young minds and accomplished professionals would foster mentorship, bridge gaps between generations, and foster creativity and innovation fueled the birth of this transformative event. 

    The organizers harnessed their collective passion and expertise to execute a summit that resonated not only with attendees but also with the wider community, demonstrating their commitment to carving a new narrative for aspiring entrepreneurs in the technology sector.

    Mahmoud Damisi, leveraging his extensive network, brought distinguished speakers which inlcude but not limited to Solomon Enilolobo, CEO of Oluwalogbon Electronics and Dr Macaulay Milton, CEO of Illumania to the stage. Some other Speakers at the Summit includes Creator Layiawasabi, Motara Akanni-Lawrence, Alabi Lawrence, Mr Waduud and Erstwhile Commissioner of Oyo State – Dr. Seun Fakorede. The presence of these experienced personalities transformed the event into an immersive knowledge-sharing experience.

    Peter Ojo, the Co-convener and the Programs Manager at Career Connect Academy extensively explained that the summit is not the only way they are building bridges. He pinpointed the Career Connect Academy where budding techies and tech Enthusiasts can kickstart a Career in Tech as a major change driver to the big goal. 

    Central to the success of the Career Connect Summit was the realisation that strategic partnerships are key to the execution of ideas. The summit thrived on the support of Everything Middlemen Consults, the principal sponsor of the event. 

    Fadlullahi Shittu, a Partner at Everything Middlemen Consults said, “ Entrepreneurs who have harnessed the use of technology advancements and digitalisation were prioritised during the selection of speakers. This is to ensure that their stories serve as eye openers to the audience and can guide them to maximise digitised opportunities.”

    The participants departed with minds expanded and narratives invigorated as they carried forth several mantras from where career connects. 

    Adeyemi Ibrahim, a writer and a student of FUNAAB believed that the summit has given him a platform to grow. 

    “Now, I see a tech-inclined future for myself and I think the summit has given me a ground to leverage on. Absolutely my career has connected. I’ve made certain connections that might not have been possible without this summit”, Ibrahim expatiated. 

    As the host of the event, Toheeb Bisiriyu, rightly said, “ Events like this that are not there for the photos but for putting up value and substances are the events we need to see more of. We need more Career Connect Summits that will lead to substantial results from attendees. This is because one conversation, one line of thought or one catchphrase can actually be what someone needs to improve and better their lives.”

    Mahmoud Damisi, the visionary convener, articulated his aspiration to transform this event into a national phenomenon. With a focus on bridging mentorship gaps and nurturing emerging talents, the future holds promise for even greater iterations of this enlightening endeavour.

    As the sun set on the event, a chapter closed, but the narrative continues to unfold, inspiring countless lives to step into the limelight of their own narratives.

  • Aella Introduces Free Transfers to its Customers.

    Aella, a credit and financial solutions company introduces free transfers to its customers.  This initiative is aimed at reducing the financial strain faced by its consumers. Along with continuous access to low-interest loans, from September 1st,  Aella users will also enjoy free transfers after completing four paid transactions in a month.

    Recognizing the diverse financial needs of its user base, Aella is proud to launch this initiative as a response to the ever-evolving challenges in today’s economic climate. This innovative step not only ensures ease of access to essential financial services but also underscores Aella’s dedication to fostering financial inclusion for all Nigerians.

    With empathy as the driving force behind this initiative, Aella seeks to empower its users by providing tangible solutions that directly address their concerns. The free transfer offer not only eases financial burdens but also reflects Aella’s commitment to standing by its customers during good and challenging times alike.

    Aella understands the importance of simplicity in financial transactions. This new feature seamlessly integrates into the Aella app, ensuring a hassle-free experience for users to keep track of their paid transactions and enjoy free transfers with ease.

    In a time where financial stability is paramount, Aella’s initiative goes beyond just transactions. It’s a testament to the company’s ethos of actively contributing to the financial well-being of its users, allowing them to save more, invest wisely, and plan for their future.

    As Aella embarks on promoting financial empowerment, the company remains committed to innovation that enriches lives. By offering a free transfer after the completion of four paid transactions monthly, Aella continues its efforts to reimagine a future where financial freedom is within everyone’s reach.

    Started in 2015, Aella was founded by Akin Jones and Wale Akanbi. Aella is backed by leading  US venture funds such as Y Combinator, 500 Global, Zeno Ventures and Gluwa Capital among others. The company was launched to simplify and open up financial services to support financial inclusion in emerging markets. 

    To get started, download the app on App Store and Play Store 

  • Evolution of a Disruptor: Kehinde Ayobade, The Pioneer of Construct-tech in Nigeria.

    Written By: Peace A. Ezeafulukwe

    Amidst the towering skylines and sprawling cities of Nigeria, there lies a hidden predicament. While industries around the world harness the power of technology to soar to new heights, the Architecture, Engineering and Construction (AEC) industry in Nigeria finds itself entangled in a web of challenges.

    From outdated practices to a reluctance to fully embrace digital innovation, this vital sector lags behind, unable to keep pace with global standards. As a consequence, infrastructure projects within the country languish in the shadows, unable to compete on the global stage. 

    To change this narrative and maintain her status as the giant of Africa, Nigeria must explore the urgent need for transformative shift within the AEC sector. This weighty responsibility falls on the shoulders of our youths who must embark on the entrepreneurial path to build technology solutions. However, this is a quest only for the bravest of hearts as the entrepreneurship route means choosing a path less travelled, going against the status quo.

    Who dares to embark on this journey to redeem the nation’s rapidly declining glory and shine a spotlight on Nigeria’s potential for innovation?

    Meet Kehinde Ayobade Oluwatobi of KS Digital Innovations, a founder determined to bridge the gap and revolutionise the AEC industry in Nigeria. 

    Kehinde popularly known as KennyStruct; is a graduate of civil engineering from the Federal University of Agriculture, Abeokuta who hails from Ondo State, Nigeria. 

    Kenny’s career was nothing short of divinely orchestrated. “I didn’t have a say in my choice, God used people I didn’t even know to put me on the path he wanted me to tread”, he said.

    Still, his entrepreneurial sojourn didn’t start off smooth. At the end of his 1-year compulsory National Service in Bayelsa State, KennyStruct lost his job and was left homeless. What more, he was defrauded of all his life savings (a story for another day)

    It was a near-rock-bottom experience. At some point, he even roamed the streets hawking snacks and eggs in buckets. Yet, unfazed he remained, a man on a mission that would not lose sight of his vision. In those moments of flatness, Kehinde invested in learning to master Building Information Modeling (BIM) and Programming skills – using a borrowed laptop.

    In February 2021, KS Digital Innovations was birthed and since then, the company has recorded tremendous growth and achievements. From conducting training for staff of several companies to consulting on several projects, KennyStruct has proven that excellence is his watchword. He has worked remotely with organisations in Sweden, Bulgaria, Canada and USA. 

    In April 2022, he was invited by a University in Illinois, USA to speak to the architectural students. Since then, he has recorded over 20 speaking engagements in schools, universities and organisations both  locally and internationally.

    Furthermore, , he is also a certified Autodesk Revit Structure Professional – a remarkable feat after acing the exam in one sitting. His passion moved him to create a Revit plugin that automates repetitive tasks, thereby helping structural engineers work faster. 

    The ingenuity of KS Digital Innovations earned the company the prestigious Outstanding Startup Award at the BIM Africa Innovation Awards 2023 that was held in Morocco in May 2023.

    But KS Digital Innovations is just getting started. Recognizing that the construction industry is constantly evolving, they remain dedicated to staying at the forefront of innovation. They therefore invest in research and development to continually enhance their solutions, embracing emerging technologies and methodologies to deliver the most advanced BIM tools to their clients and industry at large.

    KennyStruct envisions a future where digital technologies seamlessly optimise efficiency, productivity, and sustainability in construction practices – with KS Digital Innovation spearheading the new era.

    He is now building a community of young engineers who dare to challenge the status quo and explore the merging of construction and technology, recognizing it as the future of work. 

    In the long run, KennyStruct sees himself in academia, contributing as a professor so he can effectively inspire creativity and empower young engineers to develop their own tools and solutions. 

    The future belongs to those who innovate.” – Mark Cuban. So, if you are passionate about the future of the construction industry in Africa, then Kehinde Ayobade is definitely someone you should look out for.

    Follow on this journey as KS Digital Innovations leads the way – transforming the world digitally!

  • Healthcap Africa’s Founder, Dr. Ola Brown, MFR, Launches ‘Journey To Series A’

    Dr. Ola Brown, Founder of Healthcap Africa – a venture capital firm that invests in fintech and healthtech  startups across the continent – has launched her latest book titled Journey To Series A. The book is a playbook for  founders, funders and policymakers who want to succeed in the Series A funding round. 

    The Series A funding round is the first significant institutional capital that a startup raises. According to Core Signal, less than 10% of startups that receive seed funding go on to raise capital in Series A. This is partly because many founders struggle to navigate this crucial stage due to a lack of understanding.  Drawing from her experiences and witnessing the challenges faced by other founders transitioning  from seed to Series A, Dr. Ola has created this valuable framework for achieving a successful Series A round. 

    In June, Healthcap Africa held a webinar to launch the much-awaited Journey To Series A. With over 3,000 registered participants and 1,000 attendees, the webinar featured leading industry experts in the venture capital space. Maya Horgan Famodu, Founder Ingressive Capital, delivered the keynote address while Natalie Kolbe, Managing Partner at Norrsken22 reviewed the book. Other speakers included Andrew Firman, Co-Founder and Managing Partner at Kaleo Ventures, Damilola Thompson, Co-founder and Chief Executive Officer of Ventures Dialogue, and Dr. Ola Brown.  

    ABOUT THE BOOK 

    Journey to Series A provides founders, funders and policymakers with key insights and strategies to scale startups from inception to Series A funding. The book explores the experiences, triumphs, and challenges faced by successful founders who have gone through this journey. 

    The book aims to empower aspiring entrepreneurs, investors, and policymakers who want to drive investment in their communities by sharing firsthand occurrences, valuable perspectives, practical  guidance, and effective strategies for navigating the complex world of entrepreneurship. The 114-paged book includes summary pages that give an overview of the most important tips for raising Series A  funding. 

    Journey to Series A covers essential topics such as a checklist for Series A funding, the importance of keeping  accurate financial records, and specialized financial modeling for Series A. Through her personal  stories, Dr. Brown skillfully combines enlightening statistical analysis, and a unique mix of dos and don’ts  to equip aspiring entrepreneurs with the knowledge and resources needed to overcome challenges,  seize opportunities, and successfully secure Series A funding. 

    Journey to Series A is now available in digital format and can be downloaded via: https://selar.co/114631

    ABOUT THE AUTHOR – DR. OLA BROWN, MFR 

    Dr. Ola Brown, MFR holds an MSc in Finance/Economic Policy and is currently pursuing her doctorate in Finance. Drawing upon her extensive experience as a venture capitalist and her proven track record as a second time fund manager, Dr. Ola Brown achieved an exceptional 25% Internal Rate of Return (IRR) for investors  through her leadership of the initial fund she established and oversaw at HealthCap Africa. This fund managed a diverse portfolio valued at $700 million and supported portfolio companies operating in 10 African nations. Additionally, the portfolio companies have successfully raised $80.8 million in follow-on  capital, secured 25+ warehoused deals, garnered nearly a million users and promoted gender diversity by employing women at a rate of 56.7%, with women also occupying 49.5% of management positions.  Leveraging her wealth of expertise, she has authored a book dedicated to guiding startups in their pursuit  of raising Series A fund. 

    ABOUT HEALTHCAP AFRICA HealthCap Africa Limited, also known as HCA, is a pre-series A fund keen to invest in the big four African  economies. With a strategic focus on Egypt, South Africa, Nigeria, and Kenya—countries responsible for  50% of the continent’s GDP— It has played a pivotal role in nurturing startup companies such as Paystack, Helium Health, and Lifebank, all of which have contributed to the creation of numerous job opportunities. HealthCap Africa strives to offer crucial initial-stage assistance to  entrepreneurs seeking funding in Series A rounds.

  • Liquidity as a service: Surviving a cash crunch with OneLiquidity’s solution

    Liquidity as a service: Surviving a cash crunch with OneLiquidity’s solution

    Maintaining liquidity is the lifeblood of many businesses, especially financial institutions. From the SVB crash to the recent naira scarcity crises, businesses have had to adjust their strategies for maintaining liquidity and surviving a crisis. Because banks are economically vital institutions, they must continue practising the best liquidity management practices. They have to have easily liquid assets to continue to operate and make sure their portfolios are built on these assets to continue to thrive. Maintaining liquidity can sometimes cause these financial institutions to neglect long-term financially rewarding investments that can propel the business forward. OneLiquidity is offering access to liquidity as a service to businesses to allow them to float through a cash crunch.

    OneLiquidity is a platform businesses can use to expand their service offering with one simple integration. OneLiquidity provides liquidity in the form of crypto and fiat to keep business afloat and enable them to scale; and they also provide on-demand technology to businesses for easier and safer integration that helps them manage capital better. With over 10+ services to choose from, businesses can completely customise their offering to suit their needs. By leveraging OneLiquidity’s access to technology, deep liquidity pools, and compliance services, startups can maintain focus on scaling their businesses rather than wasting resources starting from scratch.

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    Some of the most popular services that OneLiquidity offers include Liquidity-as-a-service, compliance-as-a-service, crypto-as-a-service, fintech-as-a-service, and trading-as-a-service. These services come with available API tools from OneLiquidity that cover all the areas of need a fintech or crypto exchange might require to run smoothly. With trading services,, OneLiquidity provides access to spot trading, over-the-counter trading (OTC), and RFQ (fiat-fiat, crypto-crypto and crypto-fiat pairs). Under its fintech services the company offers lending services (fiat and crypto collateralised lending, short and middle term, overdrafts in crypto and fiat, and trade financing), payments (local payments, cross-border payments, invoice settlements, and global payments), and also treasury management (exposure management, client settlement, invoicing management, and asset management). With compliance-as-a-service users get access to comprehensive AML & compliance screening including KYC onboarding tools and the ability to screen crypto related wallets, transactions and entities against sanctions checklists.

    Other technology services the company offers include technology for creating crypto wallets for collection and disbursement; fiat wallet services for collection and disbursement; and also compliance services to operate these technologies efficiently. The company also provides a robust selection of tools for many other startup needs. 

    OneLiquidity’s technology and service toolkit eliminates the liquidity concerns of fintechs as they get access to deep liquidity pools for either crypto or FX as well as access to settlements in 20 currencies. Eliminating these products and liquidity concerns reduces overhead costs for businesses, eliminates risks, and ultimately makes more time for innovation and growth for startups. Currently, OneLiquidity has a long list of prestigious partners like Obiex, Wewire, and Busha. Join these companies and get your ideas to market faster by partnering with OneLiquidity. Start now with zero upfront fees, one integration, and one solution all with OneLiquidity.

    Have you got your tickets to TechCabal’s Moonshot Conference? Click here to do so now!

  • Algorand and Convex on Road to Recovery, What’s Next Price Target for Pomerdoge?

    Keywords Algorand: Algorand, Algorand crypto, Algorand price, Algorand price prediction

    Keywords Convex: Convex, Convex Finance

    Meta Title: Algorand and Convex on Road to Recovery, What’s Next Price Target for Pomerdoge?

    Meta Description: Learn about the future of Algorand, Convex and why they’re on a road recovery, as well as how far Pomerdoge can climb with its next price target.

    The Algorand (ALGO) and Convex (CVX) cryptocurrencies have been green on the weekly charts and are on the road to recovery. Both of them managed to grab the attention of investors and traders and can surge in value throughout 2023. But another cryptocurrency has been selling millions of tokens during its presale – Pomerdoge (POMD). Join us as we individually look at each altcoin to see how far they can climb.  

    Summary

    • Aglorand sets $0.13 as its next price target
    • Convex crypto so reach $4.06 in terms of growth
    • Pomerdoge to spike to a value of $0.35 soon

    Click Here To Find Out More About The Pomerdoge (POMD) Presale

    Algorand (ALGO) Price Prediction

    Algorand (ALGO) has been on a solid streak as the cryptocurrency passed the $0.10 price threshold. In fact, the Algorand crypto traded at $0.112423 on August 11, 2023. During the past seven days, its low point was at $0.104813, while its high point was at $0.117671.

    In addition, Algorand had a market cap of $878,492,822 and a trading volume of $29,512,167. So far, during the past 30 days, it’s been up 2.2% on the charts. 

    Moreover, it increased by 5.4% during the past week alone. As a result, according to the Algorand price prediction, it can reach $0.13 by the end of the year. 

    Convex (CVX) Future Price Outlook

    Then there’s the Convex (CVX) cryptocurrency which also saw a surge in value by 5.7% during the past week. In fact, during the past seven days, the Convex Finance crypto saw its low point at $3.07, with its high point at $3.30. 

    The cryptocurrency has a market cap of $258,586,916 and a 24-hour trading volume of $3,915,291. According to the Convex price prediction, the crypto can reach $4.06 by the end of the year. 

    Pomerdoge (POMD) Next Price Target

    Pomerdoge (POMD) is another cryptocurrency that managed to grab the attention of investors and traders. One way it did this is by selling millions of POMD tokens during Stage 1 of its presale at $0.008. In addition, this growth has been fueled due to its entry into the P2E and meme-coin space.

    <blockquote class=”twitter-tweet”><p lang=”en” dir=”ltr”>Amazing! We have now raised over $1,000,000 in exactly three weeks. We are thrilled at the community we have, everyone says they have the best but we truly believe we are up there!<br><br>Now onto the next milestones, we have almost 1,500 holders now. <br><br>We really want to become the… <a href=”https://t.co/CaIt64n0DN”>pic.twitter.com/CaIt64n0DN</a></p>&mdash; Pomerdoge (@pomerdoge) <a href=”https://twitter.com/pomerdoge/status/1692198059491385785?ref_src=twsrc%5Etfw”>August 17, 2023</a></blockquote> <script async src=”https://platform.twitter.com/widgets.js” charset=”utf-8″></script>

    However, Pomerdoge is not just another meme-coin and introduces an entire ecosystem. Built on top of Ethereum, Pomerdoge features Pomergame, Pomerplace, and NFTs. 

    The Pomergame represents a virtual world in which players can explore and gather items. The characters they play with are known as Pomer. Each Pomer can grow and rank up. Upon reaching Elite Status, they can create custom items for the Pomer character. However, upon reaching Gold Status, each player can access Pomrpalce.

    Subsequently,  Pomerplace is the dedicated marketplace. Here, players can buy, sell or trade any valuables that they’ve collected. In addition, it features a dedicated Arena where players can battle.

    Consequently, a collection of 7,777 unique NFTs will be released exclusively for the ecosystem, during the months of August and September. Each one will cost 0.2 ETH and will only be available to POMD holders. As a result, the next price target for POMD is at $0.35, as analysts believe it is one of the most high-growth altcoins of the year. 

    Find out more about the Pomerdoge (POMD) Presale Today

    Website: https://pomerdoge.com/ 

    Telegram Community: https://t.me/pomerdoge 

  • Shiba Inu (SHIB), Pepe (SHIB), and Watchvestor (WVTR) – Top 3 High-Growth Potential Tokens To Keep on Your Radar.

    Meta title: High-Growth Potential Tokens: Shiba Inu, Pepe, Watchvestor 

    Meta description: Shiba Inu (SHIB), Pepe (SHIB), and Watchvestor (WVTR) are three high-growth potential tokens in the cryptocurrency market. 

    Shiba Inu keywords: Shiba Inu coin, Shiba Inu price, Shiba Inu coin pricePepe keywords: Pepe coin, Pepe coin price

    Recently, three tokens have captured the attention of traders: Shiba Inu (SHIB), Pepe (PEPE), and Watchvestor (WVTR). These tokens carry unique features that make them stand out in the ever-evolving crypto landscape. However, one may stand out, so keep reading and find out which one may dominate the market. 

    Summary

    • Shiba Inu showing bullish signs 
    • Pepe price analysis 
    • Watchvestor to experience a 12x surge in the near future

    Invest in Rolex, Patek Phillippe, Richard Mille, AP for as little as $10 

    Shiba Inu (SHIB): Continues Its Growth 

    Emerging from the meme coin frenzy, Shiba Inu (SHIB) has solidified its position as one of the top meme tokens. While its journey has seen fluctuations, the launch of the Shibarium L2 network has renewed hope for its long-term potential

    Despite technical issues, the promise of transforming Shiba Inu from a meme coin into an  ecosystem has kept the community engaged. In fact, the hype behind the launch helped the Shiba Inu coin see a 7.9% price increase in the past month.

    The Shiba Inu price currently sits at $0.000008488 with a market cap of $5B. Moreover, the recent recovery attempts indicate a bullish sentiment that could show its growth soon. As a result, experts foresee a rise to $0.00001078 for the Shiba Inu coin price by the end of 2023. 

    Pepe (PEPE): Showing Bullish Charts 

    In the world of meme tokens, Pepe (PEPE) has taken a unique approach by embracing its meme-worthy status. The Pepe coin has garnered a loyal fan base by highlighting its lack of intrinsic value. In fact, despite its light-hearted approach, Pepe reached a market cap of over $1B in a short span since its launch. 

    The Pepe coin price is currently $0.000001099 with a market cap of $430M, a rise of 0.15% overnight. Additionally, most of its moving averages are in the green

    With no formal team or roadmap, Pepe’s appeal lies in its memeability. Due to all these factors, many experts remain bullish for Pepe as they predict its value reaching $0.00000149 within Q4 of 2023. 

    Watchvestor (WVTR): A One-of-a-Kind Marketplace

    Venturing beyond meme coins, Watchvestor (WVTR) brings a unique twist to the table by addressing real-world luxury markets. Built on blockchain technology, Watchvestor has created a unique marketplace allowing anyone to fractionalize, buy, sell, and invest in rare, collectible luxury watches.

    It accomplishes this task by minting NFTs backed by luxurious real-world watches like Rolex, which are stored in secure vaults. Afterward, these NFTs are fractionalized into smaller units. Therefore, buyers from all walks of life can become fractional owners of a prestigious watch on the blockchain for prices as low as $10.

    The WVTR token forms the backbone of this ecosystem, offering governance rights, staking opportunities, and discounts. This token is now valued at just $0.03 as it is in Stage 1 of its presale. However, due to its ties to the luxury watch market, valued at $48B in 2023, and high demand, experts believe this price will jump.

    As a matter of fact, WVTR could also leave Shiba Inu and Pepe in the dust as it has a lower market cap. In other words, it will surge faster and easier than its rivals as fewer new funds are needed. Therefore, experts forecast a surge to $0.35 when it gets launched on a DEX. Most importantly, those who purchase it now will receive a whopping 12x ROI. 

    Find out more about the Watchvestor (WVTR) Presale Today

    Website: https://watchvestor.com/

    Telegram Community: https://t.me/WatchvestorOfficial

  • PalmPay’s Evolution is Empowering Businesses and Enriching Lives.

    PalmPay is more than just a digital wallet; it’s a comprehensive super app that facilitates transfers, payments, bill management, and savings. With its user-friendly interface, PalmPay enables seamless money transfers, and bill payments and offers a secure space for savings, promoting financial well-being. Additionally, users can enjoy cashback rewards for airtime and bill payments, along with competitive savings rates.

    PalmPay’s utmost compliance with regulators like CBN and its commitment to user education and security upgrades give users the confidence to choose the brand as their preferred digital wallet. It offers users interesting topics for engagement on social media platforms and a chance to experience the goodness of the PalmPay App with exciting cashback and back-to-back promos. The most popular feature is the free and fast daily transfers. With PalmPay, 99.5% of the transactions complete successfully within 10 seconds. What’s not to love?

    PalmPay recently introduced the brand-new PalmPay Business app, a significant upgrade from the previous PalmPay Agent app. This new app consolidates payment management and acceptance for all agents and merchants within a single platform. Alongside this enhancement, the PalmPay Agent social media handles have been rebranded as PalmPay Business. To ensure the authenticity of these changes, kindly click here to verify the official PalmPay Business social media handles.

    PalmPay Agents and Merchants have an assigned sales manager and several support channels for inquiries and complaints. There’s no need to worry about following up on transaction issues, as a support team automatically works on any issue to be resolved. Also, agents and merchants have the freedom to oversee operations and manage account details through the newly launched PalmPay Business app.

    With the launch of the upgraded PalmPay Business app, there’s an even greater need to underscore the correction of the current public misconception. This is particularly relevant in the context of potential confusion related to brands with similar names, like those starting with “Palm.” It’s necessary to make it clear that PalmPay is distinct from PalmCredit, PalmInn, PalmHotel, and other brands that share the same prefix. These brands are separate entities and do not have the same product offerings. Only the PalmPay Business, PalmPay Agent, and any other brand that starts with “PalmPay” are PalmPay brands.   
    The transformation of PalmPay from agent banking to business banking highlights the importance of innovation and inclusivity in creating a more open and interconnected financial landscape. It empowers users to do more and take meaningful strides in achieving their financial goals and ambitions.

  • SAFARI WITH XIAOMI WINNERS EXPERIENCE THE ICONIC AFRICAN WILDERNESS THE MAASAI MARA.

    Last month, Xiaomi Africa launched an online photography campaign to invite fans to show their photography skills with Xiaomi phones. Winners stood to win a 3-day trip to Maasai Mara. Over 1,000 heeded the call and shared their photos under the hashtag #SafariWithXiaomi and true to its promise, Xiaomi took the winners to the MAASAI MARA along with some professional photographers. 

    The winners were Patrick Philemon Kulinganila (Tanzania), John Oluwamokamiyo (Nigeria), Samson Osas (Nigeria), Victor Onokaye (Nigeria), Emmanuel Kenechukwu (Nigeria) and Yonis Mohammed (Kenya). The professional photographers on the trip were Alamin Mutunga, Nimrod Zollo and Kenneth Obina.

    The evolution of Xiaomi phone cameras has brought great imaging very close to users, allowing them to document moments with remarkable precision. A great example is the Redmi Note 12 Pro+ 5G which the photographers took to MAASAI MARA. At 200MP and 4K video capabilities, this camera signifies a new era in mobile photography in mid-level phones, empowering users to explore photography skills they didn’t know they had. It is also redefining the limits of what we thought can be achieved with a smartphone camera, given that the exceptionally high resolution is supported by other features like Pro Mode, 8MP ultrawide, 2 MP macro, preinstalled filters, and a great photo editing software. 

    This was a fun filled trip to Kenya’s MAASAI MARA where the winners got to enjoy the iconic African wilderness, abundant wildlife, breathtaking landscapes, and immersive cultural experiences. We caught up with some of the winners as well as photographers so we could get to hear their thoughts on Xiaomi phones and their experience in MAASAI MARA.

    Here is what they had to say: 

    Kenneth Obina 

    Kenneth is a Nigeria based tech enthusiast, Youtuber and professional photographer who goes by the brand name Khali Brown. He’s a visual storyteller with a focus on documentaries and lifestyle, telling everyday life stories in images. 

    Some of his most impressive moments of the Xiaomi trip to Kenya are that even before arriving in Kenya, he already felt welcome and upon landing, he felt like he was joining a family. The Xiaomi team and the travel group as a whole was very warm and welcoming throughout the planning and execution. He is speechless about the MAASAI MARA which he described as his best experience since he was born. 

    Khali whose everyday device is Redmi Note 12 Pro+ 5G does quite a number of tech reviews on his channel, so he has interacted with a lot of Xiaomi phones. Even before he got his camera, he was using a Redmi phone for professional photography. His rich history of the devices has given him the unique position to witness firsthand the growth and innovations of the phones thus far, and he feels that Xiaomi has lived to its slogan, ‘innovation for everyone’.

    Khali was kind enough to treat the group to a masterclass on improving their mobile photography and editing game and having a deeper connection with their phones.

    He feels that now that everyone is a content creator, Xiaomi should improve their cameras to a point where they can almost compete with professional cameras. Then, people will be able to take photos even in places where cameras are not allowed but phones are. 

    Alamin Mutunga 

    Alamin Mutunga is a Kenya photographer who communicates best through visuals like photographs, arts, and graphics. Some of the highlights that stood out for him with the Xiaomi trip to Maasai Mara was meeting new people and seeing nonprofessional photographers learn and actually improve their phone photography in such a short time. This was his first time in MAASAI MARA , and he has had an amazing time shooting wildlife with the Xiaomi devices.

    As a professional photographer, Alamin enjoys shooting with Xiaomi phones because he has a very bulky camera, and yet sometimes all he wants to photograph is people and big cameras make subjects uneasy, hence they don’t look natural in the pictures. Phone cameras solve these problems for him, easily and conveniently.

    Among the Xiaomi devices, he has used the Redmi Note 11 Pro and the Redmi Note 12 Pro+ 5G. He’s very at home with the fact that with the Redmi Note 12 Pro + 5G’s, 200MP camera allows him to take photos whose raw format is of great quality to remain true in post-production and even printing. 

    Alamin feels that Xiaomi is living to its brand purpose of making innovations for all since their phones are putting superior photography power into the hands of everyone. Looking from a perspective of social impact, he feels that good quality cameras make it easier for users to capture everyday things and share. Families for instance are able to capture crisp memories which they can enjoy digitally or print. 

    He wishes that Xiaomi could improve on their phone cameras in terms of colour profiles and focus. Sometimes he has seen exposure and focus get lost in the middle of a shoot, though this is not something nonprofessional photographers would notice. 

    Patrick Philemon Kulinganila 

    Patrick Philemon Kulinganila is a travel, lifestyle, and urban photographer from Tanzania. For him the Xiaomi trip to Kenya had many firsts, like first time on a flight, first time in Kenya and certainly first time in Maasai Mara which has always been a dream of his. He is elated about the great reception by the Xiaomi team and the larger team that he travelled to MAASAI MARA with. 

    Patrick is currently using the Redmi Note 12 Pro+ 5G which he appreciates for many great features, top among them being the 200MP camera. Through this trip, he has gotten to understand Xiaomi phones better since he has interacted with people who have used them much longer. He has only used three generations so far and feels right at home with the brand. He loves the portrait and wide-angle functions but feels that Xiaomi could improve on the night mode and zoom. 

    Patrick’s biggest highlight of this whole time is being picked as the winner of the #SafariWithXiaomi contest among thousands of other contestants back home. Combined with his visit to Kenya and the Maasai Mara trip courtesy of Xiaomi, this is up there among his greatest achievements.

    Overall, the Safari-With-Xiaomi trip has been a great experience and the trip to MAASAI MARA was a perfect opportunity to showcase the innovations in mobile photography. It is right in line with Xiaomi’s brand mission to ‘make friends with users and be the coolest company in the users’ hearts’. Xiaomi is keeping highlighting its brand’s commitment to fostering creativity, empowering its users, and celebrating the splendor of the natural world. 

  • NiRA Opens Nominations for the 2023 .NG Awards.

    NiRA Opens Nominations for the 2023 .NG Awards.

    The Nigeria Internet Registration Association (NiRA) is excited to unveil its plans for the highly anticipated 2023 .NG Awards, marking the sixth edition of this esteemed event. Set to take place on Friday, November 17th, 2023, the ceremony will shine a spotlight on exceptional individuals and organizations that have significantly contributed to advancing the .ng brand, symbolizing Nigeria’s distinctive online presence.

    As the official Registry for the .ng domain name, NiRA operates as a stakeholder-driven entity, overseeing the comprehensive database of registrations within the .ng country code Top Level Domain (ccTLD) namespace. This pivotal role serves the interests of both the Nigerian population and the broader global internet community.

    Mr. Adesola Akinsanya, President of NiRA, underscores the significance of acknowledging accomplishments within the domain industry. He stated, “In this year’s edition, NiRA is dedicated to honoring those entities that have played pivotal roles in propelling the .ng domain name forward and fostering growth within the Domain Name System (DNS).” He reassures stakeholders that the awards are based on merit, recognizing the unwavering efforts of nominees and eventual winners. Akinsanya also extends his heartfelt congratulations to potential nominees and future recipients of this distinguished recognition.

    Furthermore, Mrs. Eyitayo Iyortim, Chief Operating Officer (COO) of NiRA, emphasizes the crucial role of the 2023 Awards in commending extraordinary achievements. She highlights that these awardees significantly enhance the reputation of .ng both locally and on the global stage, contributing to the enrichment of local content within the worldwide web. Nominations for the .ng Awards opened on Thursday, August 24th, 2023, and will conclude at midnight on Sunday, September 17th, 2023.

    All eligible individuals and organizations are strongly encouraged to submit their nominations via the Awards website. For further information or to engage in the nomination process, please visit: https://nira.org.ng/ngawards2023/

    Following the nomination phase, the voting stage is set to commence on Monday, September 25th, 2023, and will conclude at midnight on Tuesday, October 24th, 2023. The list of verified nominees, along with the voting link, will be made accessible to the public. Anticipation is high as the countdown to the main ceremony unfolds.

    The pinnacle of the event, the awards ceremony itself, is scheduled for Friday, November 17th, 2023. Kindly take note that attendance to this illustrious gathering is exclusively by invitation. Your presence at the event would be an honor and a celebration of the outstanding achievements within the domain industry.

    We look forward to your active participation in this remarkable occasion.

    To participate in the nomination process, click here

  • Will Polygon and Toncoin Gains Continue in September? Traders Already Diversifying with Everlodge

    Keywords Polygon: Polygon, Polygon crypto, Polygon price, Polygon price prediction

    Keywords Toncoin: Toncoin, Toncoin crypto, Toncoin price, Toncoin price prediction

    Meta Title: Will Polygon (MATIC) and Toncoin (TON) Gains Continue in September? Traders Already Diversifying with Everlodge

    Meta Description: Learn about why analysts are bullish on the future of Polygon (MATIC), Toncoin (TON) and Everlodge (ELDG) in 2023.

    Altcoins are struggling to reach their positions, but Polygon (MATIC) and Toncoin (TON) have seen some gains during the overall bear market, placing them on the map for a lot of investors. However, another project known as Everlodge (ELDG) has captured far more attention as it prepares for entry into the multi-trillion-dollar real-estate sector. We will be analyzing the on-chart data for each altcoin to see how far they can climb. 

    Summary

    • Polygon to climb to $1.15
    • Toncoin to reach $2.83 by the end of the year
    • Everlodge will spike 20x at launch

    Join the Everlodge presale and win a luxury holiday to the Maldives

    Polygon (MATIC) Future Outlook

    The Polygon (MATIC) cryptocurrency has fallen in value since its yearly high in February. It essentially broke down from its long-term pattern in April. However, this indicates that the next trend can be bullish. The weekly and daily price action indicates that a yearly high might occur soon. 

    Despite these sentiments, a reclaim of the $0.60 support for the Polygon crypto can trigger a 40% increase that can take the price to the next resistance point. 

    As a result, the Polygon price technical analysis suggests that the crypto fell under the $0.80 area and that the RSI reading is 44.89. According to the Polygon price prediction, it can reach $1.15 by the end of the year. 

    Toncoin (TON) Gains Momentum

    The Toncoin (TON) cryptocurrency has recently broken its consolidation phase. After forming a base price above $1.17, the Toncoin price outperformed its competition and increased significantly against the US Dollar. 

    In addition, the Toncoin crypto cleared hurdles near the $1.25 price range to enter the bullish pattern it has today. Moreover, the price started a fresh rally. There was a clear move above the 76.4% Fib retracement level, and analysts are now bullish on its overall future. 

    If the crypto beaks above the $1.50 level, it could jump even further. The next major resistance for the Toncoin price is at $1.80. According to the Toncoin price prediction, it can surge to $2.83 by the end of the year, based on analyst projections. 

    Traders Diversify with Everlodge (ELDG)

    Aside from Polygon and Toncoin, traders have begun to diversify with Everlodge. This project is leading the transformative wave within the real-estate sector through the usage of blockchain technology. It enables fractional property ownership alongside timeshares and NFT technology.

    The combination of all of this democratizes access to these premium properties worth $1 million or above and allows anyone free nightly stays in luxury villas, hotels, and holiday homes. 

    Everlodge works by digitizing each property. Then, they get minted as NFTs. Each NFT encompasses all of the required details, like the ownership data, deeds, and titles, all of which get stored in the metadata. 

    Subsequently, each NFT can also get fractionalized, enabling investors to buy just a small part, starting at $100, whilst also being able to benefit from any associated rental income or appreciation in its value.

    ELDG is the native token behind the Eelrodge platform. Consequently, it facilitates various platform activities. Users can access exclusive benefits, such as property purchase discounts and continuous dividends through staking. During the early presale period, the token trades at $0.012. 

    However, at its next stage, it will spike by 33% to $0.016. Analysts are so bullish on its future that they project a 20x climb will come to it at launch, making it a solid altcoin for diversification. 

    Find out more about the Everlodge (ELDG) Presale

    Website: https://www.everlodge.io/ 

    Telegram: https://t.me/everlodge 

  • Smart Investment Moves: Why You Should Hold Kusama (KSM), Zcash (ZEC), and Pomerdoge (POMD).

    Meta Title: Smart Investment Strategies: The Case for Holding Kusama (KSM), Zcash (ZEC), and Pomerdoge (POMD)

    Meta Description: Discover the Strategic Investment Move Behind Holding Kusama (KSM), Zcash (ZEC), and Pomerdoge (POMD) This Year.

    The second half of the year is unfolding, with investors scrambling for promising investment opportunities. Amidst this, there are three standout tokens for immense growth this year, according to an industry expert: Kusama (KSM), Zcash (ZEC), and Pomerdoge (POMD). These tokens have unique value propositions and features that make them poised for significant growth, which will be explored in this article.

    Click Here To Find Out More About The Pomerdoge (POMD) Presale

    Kusama (KSM): Breeding Ground for Innovation

    Kusama (KSM) is an experimental blockchain platform designed to be interoperable and scalable for developers. Kusama has an almost identical codebase as Polkadot (DOT), but with a slight difference: it is a “canary network.” This makes Kusama a testing ground for projects before their deployment on the Polkadot network.

    Its value proposition centers around being a testing ground. This allows developers to experiment, identify potential issues and challenges, and fine-tune their projects before launching on Polkadot.

    This unique role offers it a crucial advantage. It makes it a breeding ground for innovation and a showcase of the Polkadot ecosystem’s capabilities. With this, Kusama represents a unique investment opportunity, partly thanks to its unique value proposition and affiliations with Polkadot.

    Zcash (ZEC): Privacy-Focused Cryptocurrency

    Zcash (ZEC) is a cryptocurrency that stands out for its focus on privacy and anonymity. It uses zero-knowledge proofs, which allow nodes to verify transactions without revealing any sensitive information. Hence, Zcash has carved out a niche and become a key player in the crypto landscape.

    Moreover, the growing concerns around privacy have seen it gain traction in the crypto space. This puts its innovative solution on the path of increasing demand, which will contribute to the surge in its value.

    By holding Zcash, investors gain access to a cryptocurrency that addresses a critical challenge in the crypto industry: privacy. Hence, the increasing relevance and growing adoption of Zcash make it a compelling investment. 

    Pomerdoge (POMD): A Hybrid Token With Tangible Use Cases

    Pomerdoge (POMD) represents a unique blend of memetic appeal and real-world applications, giving investors a taste of both worlds. As a meme token, Pomerdoge will experience the volatility that characterizes memecoins. Hence, its surge will be significant, which market experts forecast will surpass 17x before the end of the year.

    <blockquote class=”twitter-tweet”><p lang=”en” dir=”ltr”>Don&#39;t forget our latest competition is running on telegram where we are giving away $5,000 each in POMD tokens to 3 lucky users <br><br>Join the link below and see what the <a href=”https://twitter.com/hashtag/pomercrew?src=hash&amp;ref_src=twsrc%5Etfw”>#pomercrew</a> are doing to be in with a chance of winning!<a href=”https://t.co/B9zhnIQa6C”>https://t.co/B9zhnIQa6C</a> <a href=”https://t.co/nw1DHvoSBC”>pic.twitter.com/nw1DHvoSBC</a></p>&mdash; Pomerdoge (@pomerdoge) <a href=”https://twitter.com/pomerdoge/status/1695701077176258901?ref_src=twsrc%5Etfw”>August 27, 2023</a></blockquote> <script async src=”https://platform.twitter.com/widgets.js” charset=”utf-8″></script>

    Further, by tapping into utility, its ecosystem will feature an NFT collection, a P2E game, and a gaming marketplace. Its NFT collection, which will comprise 7,777 digital collectibles, can be purchased on the platform with the token.

    As a gaming platform, Pomerdoge will host a thrilling blockchain-based game. This will connect players from all over the world and serve as a way to network while playing the competitive game. Also, players will earn rewards in addition to having fun. Whereas, within its marketplace, items collected in-game can be traded.

    In addition to Zcash and Kusama, POMD represents another promising investment opportunity at only $0.009. This is thanks to its immersive ecosystem, utility, and immense growth potential.

    Find out more about the Pomerdoge (POMD) Presale Today:

    Website: https://pomerdoge.com/

    Telegram Community: https://t.me/pomerdoge

  • Why ChatGPT Chooses Monero (XMR), Aave (AAVE) and Everlodge (ELDG) as the Best Altcoins for 2023.

    Keywords Monero: Monero, Monero crypto, Monero price, Monero price prediction

    Keywords Aave: Aave, Aave crypto, Aave price, Aave price prediction

    Meta Title: Why ChatGPT Chooses Monero, Aave and Everlodge as the Best Altcoins for 2023

    Meta Description: See why ChatGPT recommended Monero, Aave and Everlodge as the best altcoins for 2023.

    As technology evolves, so do the tools through which investors and traders get the data they need. One of the most popular trends to enter the blockchain industry is the usage of AI to determine the future outlook for cryptocurrencies. 

    As a result, we decided to use ChatGPT, notably the largest AI, to see what kind of outlook it would give us for Monero (XMR), Aave (AAVE), and Everlodge (ELDG). This is what we found out. 

    Join the Everlodge presale and win a luxury holiday to the Maldives

    Summary

    • Monero to reach $206.60 based on data from ChatGPT
    • Aave will climb to $84.15, predicts ChatGPT
    • Everlodge to climb 25x according to ChatGPT

    Why ChatGPT Selected Monero (XMR)

    When we asked ChatGPT about Monero (XMR) crypto, it first noted that past performance is no indication of future results. However, knowing what the coin has done historically can give investors helpful context as to where it can climb. The Monero price decreased in the past week. 

    Its price is around the $138 price range and has still attracted a high level of trading activity. When looked at from a broader perspective, its price has seen an overall drop of 14% in the past month, causing a total price decrease of $23. 

    However, ChatGPT is bullish on the future of Monero, as, historically, steep downturns have led the way to an upswing in value. This creates an opportunity for market participants who want to buy the dip in anticipation of a rally. Based on the Monero price prediction, it can reach $206.60 by the end of the year.

    Aave (AAVE)’s Outlook According to ChatGPT

    Then there’s Aave (AAVE), another cryptocurrency that piqued the interest of investors. We decided to ask ChatGPT about the future outlook for the Aave crypto as well to see how far it anticipates that it will climb. 

    The Aave crypto has remained stable during the past week and has been oscillating just under the $65 and $66 price range. However, the crypto could soon have a short-term bearish sentiment, according to ChatGPT. With a potential dip to $50, now could mark a solid time to buy the token.

    According to the Aave price prediction, it is projected to surge to $84.15, providing solid ROI for those who get into it now.

    Why Everlodge (ELDG) Can Climb 25x According to ChatGPT

    We also decided to ask ChatGPT about the future of Everlodge. This is an upcoming project that, according to ChatGPT, can disrupt the real estate sector. With an initial starting value of $0.012 during Stage 1 of its presale, it is projected to climb by 25x.

    Everlodge works by minting properties in the form of NFTs on top of the blockchain. They then get split into smaller pieces through a process called fractionalization. A property that originally costs $2,500,000, for example, can get split into tiny little parts, whereas an investor can just buy a $100 fraction of it instead. This makes it far more liquid and opens the market to a lot more people.

    The ELDG token powers the ecosystem. Any owner of this token can stake it to get passive income. Ecosystem participants will also be eligible to get free nightly stays across all of the available properties. However, they can even be resold on secondary markets. 

    Everlodge is secure and transparent, as all of the important property information, like the deeds and ownership rights, is stored in the metadata of the NFT. As a result, Everlodge can disrupt the real estate sector and surge, according to ChatGPT.

    Find out more about the Everlodge (ELDG) Presale

    Website: https://www.everlodge.io/ Telegram: https://t.me/everlodge

  • All Eyes on Pomerdoge (POMD): The Presale Creating Waves Amongst Shiba Inu (SHIB) and Dogecoin (DOGE) Holders.

    From its humble beginnings as an underdog in the memecoin arena, Pomerdoge (POMD) is showing all the hallmarks of a future leader, with projections pointing to an astonishing 3,000% upswing in 2023. This meteoric rise is anticipated to eclipse other meme-themed cryptocurrencies like Dogecoin (DOGE) and Shiba Inu (SHIB), two giants in the meme coin market.

    Click Here To Find Out More About The Pomerdoge (POMD) Presale

    Pomerdoge (POMD): Merging Meme Charm with Real-World Utility

    Pomerdoge’s ascent to the top is rooted in its unique and comprehensive ecosystem that integrates the playful charm of meme culture with real-world utility. Unlike traditional meme coins, Pomerdoge has carved out a distinctive niche by marrying a play-to-earn (P2E) gaming platform with NFTs, and a vibrant in-game marketplace named Pomerplace.

    The native token, POMD, is central to the ecosystem, fueling transactions within the platform and offering holders the potential to earn additional rewards through gameplay, staking, and trading. POMD’s utility is not confined to mere symbolism or fandom; it underpins a sustainable economic model.

    But what makes the investment community so bullish about Pomerdoge, and why is it expected to outshine Dogecoin and Shiba Inu? The answer lies in Pomerdoge’s strategic alignment with the emerging trends in crypto, such as play-to-earn mechanics and NFT integration. While Dogecoin and Shiba Inu have primarily ridden the waves of social media hype, Pomerdoge offers tangible value to its community.

    Moreover, the Pomerdoge presale event has been meticulously planned, offering tokens at a discounted initial rate that rises as more tokens are sold. This model builds momentum and should culminate in what analysts predict could be an unprecedented price rally when Pomerdoge hits exchanges.

    The predicted 3,000% upswing for Pomerdoge in 2023 is grounded in more than mere speculation. It reflects the underlying strength of a well-designed ecosystem that’s both playful and economically viable.

    Shiba Inu (SHIB): The Crucial $0.000010 Resistance

    In 2021, Shiba Inu made a big entrance into the world of meme cryptocurrencies by reaching a price of $0.000088 and a lofty $43 billion market capitalization. The goal was to surpass Dogecoin as the top meme token.

    Nonetheless, late adopters who hopped on the Shiba Inu wave at its pinnacle have witnessed a sharp plunge to a current price of $0.00000816. Given the meme token market’s susceptibility to the ebb and flow of hype, many holders are gravitating towards fresher meme-centric ventures.

    Stealing the show in this transition is Pomerdoge, poised with an innovative long-term tokenomics structure, brimming with real utility and lucrative staking incentives. Analysts note that Shiba Inu needs to rise above the $0.000010 resistance this month if it is to stand any chance of keeping up with Pomerdoge.

    Facing the Future: Dogecoin (DOGE) vs. The Promising Pomerdoge (POMD)

    Dogecoin has been a pioneer in meme cryptocurrencies since its launch in 2013. While the popularity of Dogecoin was initially sparked by the crypto community, it recently gained mainstream attention due to Elon Musk’s tweets about it.

    Dogecoin’s price peaked at $0.74 shortly after Musk’s tweets and market capitalization soared above $75 billion. Despite this, Dogecoin has since sunk to its current price of $0.063 and market capitalization of $9 billion as the hype surrounding Musk’s tweet began to wear off.

    Beneath the humor and virality, the absence of a tangible utility and technological edge proved consequential. This stands in direct contrast to the potential of Pomerdoge, which aims to provide users with an array of practical features.

    With Pomerdoge set to step onto the public exchanges soon, the Dogecoin aficionados are presented with a tantalizing choice: continue to rally behind the beloved Dogecoin or embrace the potential of the newcomer, Pomerdoge. While Dogecoin’s wistful legacy remains intact, the crypto world might just be gearing up to welcome a fresh meme champion.

    Find out more about the Pomerdoge (POMD) Presale Today:

    Website: https://pomerdoge.com/

    Telegram Community: https://t.me/pomerdoge

  • TribeArc is using Artificial Intelligence to build SMEs.

    When TribeArc entered the Nigerian market for the first time, its audience hesitated to adopt the platform due to the country’s business and political environment as well as a belief system that the Nigerian Software industry is highly export-oriented, with many Companies exporting their products and services to other African countries and beyond. 

    Every platform in the world however requires one formula to succeed: “Adapt or Die”. This quote which summarizes Charles Darwin’s theory of evolution means that every entity must adapt to changes in the market that occur over time or lose their presence (die). 

    As the Nigerian business landscape evolves, customer retention demands embracing technological advancements. The advent of AI-powered tools like ChatGPT in 2023 has ushered in a new era of efficiency and effectiveness, revolutionizing how Nigerian businesses engage their audience.

    TribeArc continues to adapt to the business industry and its use of artificial intelligence in its products, is just one of the many steps the Company is taking to transform the lives of its customers; small business owners, developers, marketers, communicators and tech startup Founders.

    The AI-powered platforms process vast sums of customer data to predict their preferences accurately. This level of insight helps businesses to send personalized and relevant content to each individual, improving engagement and conversion rates. 

    TribeArc allows its customers to predict which content will best resonate with each segment taking into account historical campaign data and customer interactions. This level of personalization drives higher engagement rates, smart and data-driven campaigns and fosters stronger customer loyalty.

    More of its customers are experiencing higher open rates, click-through rates, and conversions, culminating in a significant boost to their bottom line. TribeArc’s efforts in leveraging artificial intelligence for customers to build landing pages, host online courses and manage their email marketing demonstrate its commitment to keeping them satisfied while standing the test of time.

    As TribeArc continues to gain popularity and reshape the business landscape, it promises to be a game-changer for businesses of all sizes, propelling them towards sustainable and prosperous futures. The innovative platform is available on www.tribearc.com

    The Tribearc team can be contacted via email on hello@tribearc.com Calls and messages can be sent to +234-704-212-4554 and +234-708-000-9967 Also follow @tribearc on Twitter, Instagram, and LinkedIn

  • MonieWorx Encore Campaign Raises #260 Million in 7 Days – Funded 10 SMEs in 6 Months.

    NEWS PROVIDED BY: Obelix 4.1.1 Alternative Finance Ltd. (dba MonieWorx). 28 Aug 2023, 16:30 WAT
    • MonieWorx is the largest membership and most active securities crowdfunding platform in Nigeria.
    •  Recent funding round raised significant capital for seven SMEs in seven days.
    • MonieWorx is the poster child for leveraging Africa-originated crowd securities to facilitate online capital formation.

    MonieWorx, the SEC regulated crowdfunding marketplace operated by Obelix 4.1.1 Alt.ernative Finance Ltd, a SEC-licenced Operator of regulated markets for investors and issuers of crowd securities, has closed its Encore Campaign, raising an impressive ₦260 million in just seven days. This is a milestone achievement for MonieWorx, its investing and fundraising partners as well as the alternate finance marketplace.

    In its pioneer campaign six months ago dubbed “100-in-10”, MonieWorx successfully raised ₦100M for three SMEs in ten days. This created a groundswell that occasioned an encore campaign during with ₦260M was raised for seven SMEs in ten days. 

    Three of the SMEs that listed debt securities on MonieWorx® during this encore campaign, [i.e. Megavision Lighting Ltd, Online Health Company Ltd and Worthrust Resource Ltd] achieved 100% subscription within six days of listing, while the other four SMEs [i.e. Beehive School Ltd, Jade & Mary Paper Mills Ltd (trading as Cobhams Manufacturing), Sentient XT Creative Services Ltd and  8ight Unique Global Telecoms Ltd] achieved 100% subscription a day after; bringing the encore campaign to closure in seven days after successfully achieving 100% subscription. 

    This success highlights the commitment of the MonieWorx to creating a viable alternative marketplace for investors seeking safe and viable investment opportunities and SME businesses seeking working and growth capital.

    The campaign saw the debut of GCN Crowd Notes, [priced at 19%] – a fixed income product with a cover – that was structured in response to the feedback from the MonieWorx community of investors. Members of this community have lost as much as ₦100 million to ponzi schemes. The design of the GCN Crowd Note is intended to provide principal protection thus assuaging the concern and inoculating against past trauma.

    MAX Crowd Notes – the vanilla offering on MonieWorx -was designed for investors who want to optimise their returns and was priced at 21% per annum.

    In keeping with one of its unique value propositions of making every Friday a payday, it is noteworthy that the encore campaign ended on Wednesday August 23rd and the first interest payment to investors happened on Friday, August 25th. Payday Friday is a sacrosanct proposition on MonieWorx® 

    The encore campaign attracted strong interest from Nigerians in diaspora – particularly those resident in the US, India, Canada, the UK, China, Netherlands, Finland, Germany, Austria, and Philippines. In response, MonieWorx engaged this audience by hosting interactive sessions on Instagram Live and X Spaces, ensuring transparency and building the trust necessary to grow the MonieWorx community solidifying transparency and trust as the Campaign progressed.

    Adesola Adeyinka, the COO of MonieWorx, commented on the SME selection process as a critical step in protecting investor funds and preserving the platform’s zero default record, “The screening committee admits only established and thoroughly vetted SMEs as fundraisers. Beyond the obvious financial screening, 360-degree references are independently obtained on both the business and its promoters to ascertain that their characters and values are in alignment”. She added further that “in the just concluded cohort, only a fifth of the shortlisted applicants were successful.”

    The CEO of Cobham Manufacturing, Adetokunbo Balogun, had this to say: “Raising on MonieWorx is cheaper, faster and way more convenient than raising with a traditional bank.”

    A Canada-based investor, Grace Aondona, had this to say: “The essence of investing is to beat inflation, and MonieWorx takes me closer to that goal than any other legitimate investing app in Nigeria.”

    Oye Oladejo, who is a doctoral student at De Montfort University in the UK and is currently covering MonieWorx as part of her research study on crowdfunding and alternative financing for MSMEs in Nigeria opined: “The MonieSessions on X and Instagram were very insightful. I see that MonieWorx customer propositions compare favourably with what obtains in other climes.”

    Some members of the audience at the X Spaces MonieSessions [August 21, 2023] titled ‘Small Investments Do Add Up: Over 50 million crowdsourced for SMEs in 2 days’ declared after the event that, “It was engaging and insightful, with great time management. There were no rambling or boring people.”

    The success of this encore campaign underscores the power of collective investing, with fundraisers bringing their network to the marketplace, many investors from the pioneer campaign returned in a show of trust while many small ticket first time investors took advantage of low entry ticket price of ₦1,000 with subsequent increments of ₦50 thereafter. The platform’s inclusive approach allowed a diverse pool of investors to participate thus encouraging investment across all income levels and a renewed vigour in the fight against keeping funds idle.

    MonieWorx remains steadfast in its mission to provide SME financing and support to Nigerian businesses, facilitating their success and growth. Its dedication to making investments accessible and profitable for Nigerians regardless of socio-economic standing, continues to drive positive change within the financial sector.

    About Obelix 4.1.1 Alternative Finance Ltd.

    Obelix is an investment-based regulation crowdfunding intermediary incorporated in Nigeria on August 1, 2021, and the operator of a debt-based funding portal branded MonieWorx. The company is licensed under the Investments and Securities Act (ISA) and is regulated by the Securities and Exchange Commission (SEC) of Nigeria effective December 1, 2022.

    Its stated objective is to orchestrate an economic exchange and multilayered ecosystem of new sustainable opportunities in Africa. For more information on Obelix’s journey, please visit https://monieworx.com/ or connect with us on social media (handle: our_monieworx), where the most promising SMEs and like-minded investors learn from and support each other, which gave birth to MonieWorx tagline of “People Investing in People.”

    Obelix is widely recognized as the pioneer of regulation crowdfunding (Reg CF) and the SME-focused financier of first choice in Nigeria. Crowdfunding is proving itself as a financial solution that speaks to the largest numbers through its simplicity, its transparency, and the service it provides to the local economy and to projects that are meaningful for retail investors.

    Cautionary Statement Regarding Forward-Looking Information

    Historical results are not indications of future results. Certain of the statements contained in this news release may be statements of future expectations and other forward-looking statements that are based on Obelix’s current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance, or events to differ materially from those expressed or implied in such statements.

    The forward-looking statements contained in this announcement speak only as of the date hereof. Obelix expressly disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking information contained in this announcement. Certain information was obtained from sources that it believes to be reliable; however, Obelix does not guarantee the accuracy or completeness of any information obtained from any third party.

    Contacts

    Media:

    Ihuoma Steven

    +234 813 792 2746

    ihuoma.steven@monieworx.com

    media.relations@monieworx.com

    Investors:

    Tobenna Igweonu

    +234 809 108 2144

    tobenna.igweonu@monieworx.com

    investor.relations@monieworx.com

    SOURCE Obelix 4.1.1 Alternative Finance Limited. Copyright © 2023 All rights reserved.

  • BYD Batteries: Ensuring Energy Security and Reliability for Nigerian Businesses.

    As Nigeria continues to wrestle with energy challenges, BYD, a global leader in battery technology, is stepping in to offer a robust energy solution. With a focus on high-quality and long-lasting energy storage, BYD batteries are not only ensuring energy security but also contributing to sustainability efforts in Nigeria.

    Nigeria’s energy landscape has been marked by unpredictability and frequent power outages, causing significant disruptions to businesses and daily life. Recognizing the urgent need for reliable energy sources, BYD has brought its advanced battery technology to the Nigerian market.

    Key Features of BYD Batteries:

    Reliability You Can Depend On:

    BYD places a paramount focus on unwavering reliability. Nigerian businesses face energy challenges daily, from grid instability to frequent power outages. BYD’s batteries are engineered to provide businesses with a dependable source of power, ensuring continuous operations even in the face of adversity. When you choose BYD, you choose reliability.

    Security Through Longevity:

    Longevity is a hallmark of BYD’s battery technology. These robust energy storage solutions are designed to withstand the test of time, offering businesses a stable and cost-effective source of power for years to come. BYD’s batteries are an investment in long-term energy security, reducing the risks associated with unreliable energy sources.

    A Sustainable Future:

    BYD Batteries are not only reliable and long-lasting but also environmentally responsible, with a mission to energise Nigeria’s tomorrow. Our commitment to sustainability means that we produce batteries with a reduced environmental footprint. By adopting BYD’s energy storage solutions, Nigerian businesses are actively participating in the nation’s journey toward a cleaner and more sustainable energy future.

    Quality:

    Quality is the cornerstone of BYD’s reputation. Our batteries undergo rigorous testing and adhere to the highest industry standards. This dedication to quality ensures that every BYD battery that powers Nigerian businesses is of the utmost standard, delivering enhanced operational efficiency and peace of mind.

    A Range of Solutions for Diverse Needs:

    For battery energy storage systems, BYD batteries are exclusively focused on the Lithium Iron phosphate LiFePO4 also reffered to as LFP technology. For reasons of its being more thermally stable and offering a higher level of safety  than other Lithium based technologies. Making this technology much more reliable and suitable for the predominantly warm weather across Nigeria.

    On offer are different battery models of various capacity which are suitable for either low or high voltage systems.

    As Nigeria continues to evolve its energy landscape, BYD Batteries remains dedicated to providing innovative and reliable solutions. Choosing BYD means choosing energy security, reliability, and a brighter, sustainable future for Nigerian businesses.
    As a way of fostering more walkability on Energy sustainability in Nigeria, BYD batteries will be exhibited at the forth coming:

    Nigeria Energy Conference

    Location: Landmark Center, Lagos 

    Date: 19th  – 21st September, 2023

    For inquiries, please contact:

    Komponents & Solutions Rack

    info@komponents.ng

    0809 937 8347

    0809 017 5943

    0802 307 7749

    About BYD:

    Founded in February 1995, BYD is a high-tech company devoted to leveraging technological innovations for a better life. After more than 27 years of high-speed growth, BYD has established over 30 industrial parks across 6 continents and played a significant role in industries related to electronics, auto, renewable energy and rail transit.

  • Introducing Fraqvest: The Innovative Fractional Real Estate Company Set To Democratize The Real Estate Market.

    Fraqvest, the forward-thinking fractional real estate company, is set to shake up the Nigerian real estate investment landscape with the highly-anticipated launch of its cutting-edge platform in September. Poised to revolutionize the world of real estate investment, Fraqvest’s mission is clear: to make property ownership accessible to all, enabling anyone to become a landlord with just ₦10,000.

    In a bold move to transform traditional real estate investment, Fraqvest introduces an innovative platform that offers fractional ownership of premium properties worldwide. No longer confined by financial barriers, investors can now divide substantial property acquisitions into bite-sized portions, allowing even those with modest means to tap into the highly lucrative real estate market.

    The heartbeat of the Fraqvest platform lies in its key features, providing users with unparalleled access to an extensive prime real estate listing, a seamless and intuitive user interface for effortless investment management, and automatic distribution of rental earnings. With Fraqvest handling the intricacies of property management, investors can enjoy the benefits of ownership without the stress, presenting an enticing proposition for forward-thinking individuals eager to diversify their investment portfolios.

    “We aim to democratize real estate investing and create a platform that empowers individuals from all walks of life to become property owners and investors,” said Dozie Onwughalu, Founder of Fraqvest. “By breaking down barriers to entry and making real estate investment more affordable and accessible, we hope to foster financial inclusion and prosperity for a broader segment of the population.”

    While Fraqvest’s fractional real estate model is already an attractive proposition, its impact transcends boundaries. For Nigerians, Fraqvest presents an unparalleled opportunity to engage in property ownership without traditional financial constraints. By offering a cost-effective and inclusive investment avenue, Fraqvest seeks to unlock the immense potential of real estate investments for the Nigerian population, fostering long-term wealth creation and financial stability.

    Join Fraqvest Waitlist

    The imminent launch of the Fraqvest platform is generating significant buzz with hundreds already on the waitlist. 

    Prospective investors are eagerly invited to join the waitlist and become trailblazers in the groundbreaking journey to redefine real estate investment. By signing up on the waitlist to become an early user, participating in shaping the app’s development, users can ensure that their preferences and needs are met, setting the stage for a seamless and tailor-made experience.

    For the financial revolutionaries and property pioneers ready to embrace the future of real estate investing, the Fraqvest waitlist is now open. To be part of this transformative movement, visit www.fraqvest.com.

    About Fraqvest:

    Fraqvest stands at the forefront of pioneering fractional real estate, driven by its unwavering mission to level the playing field in property ownership and transform global investments. With its innovative platform granting access to fractional ownership of prestigious real estate, Fraqvest caters to tech-savvy individuals eager to diversify their investment portfolios. Championing financial inclusion and prosperity, Fraqvest opens up a new era of real estate investment for all.

  • Vesti Ghana Launched to Empower Immigrants with Migration and Financial Services.

    L-r: Patrick William-Dodoo, Country Representative; Ms. Olubunmi Opadoyin, Snr. Migration and Business Analyst; Seyi Folarin-Ottun, Chief Financial Officer; Samuel Ariyo, Creative Director, and Godwin France, Growth Marketing Manager, Vesti Ghana.

    Back in the first quarter of 2023, Vesti, Africa’s leading migration fintech company, hinted at its plans to expand to Ghana, Zambia, and Mexico. Today, Vesti proudly announces its official launch in Ghana, introducing an extensive suite of migration and financial services. The launch highlights Vesti’s commitment to empowering immigrants and fostering financial inclusion both at home and abroad.

    Vesti is dedicated to being the go-to provider of tailored assistance and financial services for immigrants, supporting them from the decision to emigrate to their new country and beyond. With a strong commitment to becoming the leading technology platform for the next half a billion immigrants worldwide, Vesti offers vital information, a supportive community, and a seamless transition to their new destination. This vision is fueled by immigrant experiences and backed by Africa and US-based investors, forming the foundation of Vesti’s thriving network of dreamers, shaping the future.

    In addition, Vesti’s migration services offer unparalleled guidance for individuals seeking opportunities in the United States, Europe, and beyond. The comprehensive product line includes various visa options, such as the O-1 Visa for extraordinary talents, the EB1/EB2-NIW Visa for exceptional skills, the UK Tech Nation Visa for tech entrepreneurs, and the Canada Startup Visa for innovative startup founders. Alongside migration solutions, Vesti’s financial services empower immigrants with seamless and secure banking capabilities, including the Virtual Dollar Card and Vesti Wallets for efficient fund management across different currencies, making Vesti a trusted partner for immigrants seeking a brighter tomorrow.

    [ad]

    As Vesti expands its footprint to Ghana, the launch event has the primary objectives of increasing brand awareness, driving adoption of the Vesti app, and enhancing the user experience for its Ghanaian communities and users. Above all, it aims to reaffirm Vesti’s position as a category leader within the migration fintech space. Through its bespoke services, Vesti aims to eliminate location barriers for North America-bound startup founders and businesses, empowering them to access new markets with ease.

    “Our commitment lies in supporting the next 1 billion immigrants and building a future that addresses the challenges of complex immigration and broken financial infrastructure. We are filled with excitement as we bring Vesti’s transformative solutions to Ghana, supporting the dreams of entrepreneurs and immigrants in the country as a special component of the region.” – Olusola Amusan, Co-founder and CEO of Vesti.

    ABOUT VESTI

    Vesti’s vision is to be the go-to legal and financial services platform for the next 1 billion immigrants. The company is on a mission to be the preferred platform for immigrants before they emigrate, providing information, community and ultimately a smooth transition to immigrants. Through a set of tailored payment products, Vesti delivers hassle-free migration guidance and financial services to immigrants moving to the United States and other top destinations in North America and Europe. Founded by two brothers who immigrated to the United States, the company is backed by both Africa and US-based investors and boasts of a thriving community of dreamers who represent the next generation of builders. 

    For more information, visit our website here.

    MEDIA CONTACT:

    Name: Ifeoluwa Ariyo-Agbaje 

    Designation: Partnerships and Communications Lead at Vesti

    Email: ife@wevesti.com 

    Phone: +234 813 4025438

  • Ghana’s Central Bank Issues Enhanced Payment Service Provider License to Eganow.

    Louis Amenyo Adanuty. Teskol&Eganow Founder&CEO

    Eganow, a Ghana-based fintech, has achieved a significant milestone—the company has been granted an Enhanced Payment Service Provider license by the Bank of Ghana. 

    “As a company, we have always wanted to address the needs of the growing working adult population who are often excluded from essential financial services. I’m excited because this license enables us to do just that,” said Louis Amenyo Adanuty, the CEO of Eganow.

    With this license, Eganow can now provide a comprehensive suite of financial services, such as facilitation of international remittance services, merchant service aggregation, processing services, printing personalized EMV cards, and deployment of POS solutions.

    In addition, the company can establish collaborative partnerships with financial institutions and holders of lower-level licenses, such as PSP Medium and PSP Standard licenses to carry out their financial activities.

    According to recent data, despite the growing mobile penetration, an alarming 300 million working adults across Africa continue to face barriers in accessing basic financial services such as insurance, credit, mortgages, and investments because traditional banks often overlook this demographic, and Adanuty is confident that this longstanding challenge is about to change.

    The company is set to launch its Eganow app later this year— a major step towards transforming both the local and international financial services sector.

    “We are on a mission to connect the unbanked and the growing young population with our technology and bring financial inclusion to millions,” he said.

    For more than a decade, the technology solutions offered by Teksol—Eganow’s parent company— have played a pivotal role in shaping the financial services landscape in Ghana and several other African countries. Currently, Teksol’s products power the operations of over 100 financial institutions in Ghana and beyond.

  • RECAP OF NIGERIAN TELECOMMUNICATIONS INDIGENOUS CONTENT EXPO (NTICE 2023).

    The Nigerian Telecommunications Indigenous Content Expo (NTICE 2023) organised by Nigerians Communications Commission, NCC marked its second edition with an insightful gathering at the Landmark Event Center, Victoria Island, Lagos from the 22nd to the 24th of August, 2023. Themed “Harnessing Indigenous Content for Economic Growth; Networking to Boost Investments,” this event proved to be a dynamic platform for exploration, innovation, and collaboration. The expo encompassed a range of enriching activities including enlightening fireside chats, engaging panel sessions, illuminating start-up pitches, and captivating exhibitions.

    Day 1 saw over 50 startups that had pre- registered and pre-qualified pitch their idea to a panel of judges chaired by Engr. Babagana Digima. These pitches illuminated fresh ideas, creativity, and the promise of transformative solutions within the telecommunications landscape. The dynamic exchange of ideas and perspectives reaffirmed the event’s role as a catalyst for growth and collaboration.

    The inaugural presentation of the Day 2 was eloquently delivered by Engr. Babagana Digima, the visionary team lead for The Nigerian Office for Developing the Indigenous Telecom Sector (NODITS). Engr. Digima extended a heartfelt welcome to all attendees of the 2023 expo, emphasizing its pivotal role in empowerment, education, innovation, and creativity. His address was an inspiring reminder of the ministry’s new identity as the “Ministry of Communication, Innovation, and Digital Economy,” marking a step forward towards a future brimming with promise.

    Engr. Ubale Maskar, the Executive Director Technical Services of NCC, representing the esteemed Executive Vice-Chairman/CEO, Prof Garba Dambatta. Engr. Maskar’s keynote address resounded with the need to foster a culture of entrepreneurship. He unveiled NODITS’ initiatives aimed at catalysing manufacturing, human capital development, and indigenous content expansion. 

    Day 3 Day of the expo continued to ignite insightful discussions, beginning with a fireside chat that delved into the theme “Navigating the Terrains: Indigenous Manufacturing of Telecommunications Products in Nigeria.”

    Demands, Resolutions, and Forward-looking Visions

    Throughout the course of the sessions, an array of demands, resolutions, and forward-looking visions were voiced, signifying the dynamic and transformative spirit of the discussions. These articulated desires encompassed:

    1. Paradigm Shift towards Digital Convergence: Amidst the discussions, one participant astutely observed that the traditional paradigms of entrepreneurship, such as SIM card manufacturing, were giving way to an era of technology convergence. As technology evolves, the focus should shift towards the amalgamation of digital platforms to generate new revenue streams. 

    2. Fostering Innovative Business Landscapes: A fervent call emerged for the creation of innovative business landscapes within the telecommunications industry. This aspiration drew parallels from the banking sector, where indigenous financial servicing companies flourished through pioneering approaches.

    3. Cultivating Unicorn Start-ups: A visionary perspective was shared, emphasizing that government partnerships should extend beyond mere Corporate Social Responsibility (CSR) endeavours. Rather, these partnerships should cultivate an environment where start-ups cease to be mere experiments and evolve into robust companies, even becoming unicorns. The aspiration echoed the need for sustainable growth and empowerment for start-ups in the industry.

  • Rida is now in Port Harcourt and Benin, Nigeria.

    Rida, an  innovative ride-hailing service has just launched in two Nigerian cities. 

    Rida, having disrupted Nigeria’s transportation sector with its unique bargaining feature has recorded massive success operating in Abuja and Lagos. 

    In line with the service’s expansion plans, it is excited to announce that the app is now operational in the bustling cities of Benin and Port Harcourt Nigeria.

    Rewarding fare control to our customers and drivers is only part of our commitment to redefine ride-hailing. Rida does not charge drivers absolutely any commission. Each fare, reached by mutual agreement, is fully received by the driver, ensuring they get just compensation for their services. Drivers have the freedom to set fees, screen nearby rides and preview routes, and accept only their preferred trip requests. As such, they are given back the power over their time and compensation, without the fear of being penalized.

    Rida also encourages its passengers to set a realistic price based on Rida’s pre-approved  minimum rates. Those are based on a range of factors including statistics, day of the week, time of the day, traffic conditions and official pricing of local ride-hailing services. On average, passengers will be able to save up to 30 percent on their trips when compared to other platforms. 

    What makes Rida different? Rida doesn’t compromise passenger safety in its bid to provide a more flexible and affordable ride-hailing option. Its impressive suite of in-app safety features ensures that riders feel safe while traveling. The features include real-time ride tracking, easy access emergency contacts, and an SOS button. Additionally, Rida is committed to the thorough vetting of each driver, undergoing background checks and ongoing evaluations to guarantee consistent and reliable service.

    Now, residents in other cities in Nigeria can enjoy the Rida experience. Rida has started operating in Benin and Port Harcourt and invites users to download their app here bit.ly/newrida

    Osi Osikhena, Rida CEO stated, “We are excited about launching more cities in Nigeria. Port Harcourt and Benin present fantastic opportunities to support local economies and provide a much-needed service that benefits everyone involved, from riders to drivers.”

    Recently, Rida has also obtained a license for operations in Lagos, issued by state authorities. With a commitment to providing affordable, safe, and convenient transportation while ensuring maximum satisfaction for all stakeholders, it reigns as a revolutionary ride-hailing platform for all Nigeria. Its groundbreaking model of zero commission for drivers and price negotiation feature for riders sets it apart in the transportation landscape.

    Join the Rida revolution now. Download the Rida app from the App Store or Google Play Store today and enjoy the convenience, safety, and financial freedom it affords bit.ly/newrida

  • Everything WeKnow About the Quest 3

    Virtual reality (VR) has come a long way in recent years, and one of the most exciting developments in this space is the Oculus Quest series. Oculus, owned by Facebook, has been pushing the boundaries of VR with its all-in-one headset, the Quest. 

    As VR enthusiasts eagerly anticipate the next iteration, let’s dive into everything we know about the highly anticipated Quest 3 and what it might have in store for us.

    Insert image = Augmented Reality Bicycle Girl – Free photo on Pixabay – Pixabay

    The Evolution of VR: A Quick Recap

    Before we delve into the Quest 3, let’s briefly recap the journey of the Oculus Quest. The original Quest, released in 2019, was a groundbreaking device that provided a fully immersive VR experience without the need for a powerful gaming PC or external sensors. 

    It was met with critical acclaim, combining freedom of movement with high-quality visuals and intuitive controls. The Quest 2, released in 2020, built upon its predecessor’s success, offering improved resolution, performance, and affordability.

    The Quest 3: What We Know So Far

    While official details about the Quest 3 are scarce, there have been numerous rumours and speculations that give us a glimpse into what we might expect from the next iteration of the Oculus Quest series.

    Improved Display and Resolution

    One area where we can expect significant improvements is in the display and resolution. The Quest 2 already boasts an impressive resolution, but the Quest 3 might take it even further, providing an even more immersive visual experience. 

    With advancements in display technology, we can anticipate higher pixel density, improved colour accuracy, and reduced screen door effect, making the virtual world feel more lifelike than ever before.

    Enhanced Performance and Processing Power

    As VR games and experiences become more demanding, the Quest 3 is likely to feature enhanced performance and processing power. This could mean a more powerful processor, increased RAM, and improved graphics capabilities. These upgrades would allow for more complex and detailed virtual environments, seamless gameplay, and smoother frame rates, providing users with a more immersive and enjoyable experience.

    Whether you want to try out 32Red live casino games or experience the latest VR shooter, the Quest 3 is likely going to be able to handle everything you throw at it and more. 

    Ergonomic Design and Comfort

    Comfort is key when it comes to VR headsets, and Oculus has been consistently working to improve the ergonomic design of its devices. The Quest 3 is expected to build upon the comfort enhancements of its predecessors, with lighter weight, better weight distribution, and improved padding. 

    Oculus might also introduce adjustable IPD (interpupillary distance) settings to cater to a wider range of users, ensuring a comfortable fit for everyone.

    Release Date and Price

    As of now, there is no official information about the release date or pricing of the Quest 3. However, considering the typical release cycles of tech products, we can anticipate that Oculus will announce and release the Quest 3 within the next couple of months. 

    As for the price, Oculus has been committed to making VR more accessible, so it’s possible that the Quest 3 will continue to offer great value for its price point.

    In conclusion, while the Oculus Quest 3 is still shrouded in mystery, there are plenty of reasons to be excited. From improved display and resolution to enhanced performance and comfort, the Quest 3 has the potential to take VR to new heights. 

    As technology advances and the demand for immersive experiences grows, Oculus is poised to deliver yet another groundbreaking VR device. So, stay tuned and get ready to step into a whole new world of virtual reality with the Oculus Quest 3!

  • GoMyCode Launches New Tech Space in Abuja, Nigeria: Paving the Way for Digital Empowerment and Unemployment Eradication.

    August 22nd 2023 was a great day for GoMyCode, a renowned technology education platform, which recently launched a groundbreaking  hackerspace in Abuja, Nigeria. Founded in the Netherlands by Yahya Bouhlel a Tunisian citizen and his brother Amine Bouhlel, GoMyCode strives to enhance not just the digital skills of an adult but encourage and groom the innate knowledge of children who are technically motivated to create and grow as valuable members of society.

    With an impressive track record of empowering 20,000 students across various disciplines, equipping them with the necessary skills to excel in the digital landscape in nine countries namely; Tunisia, Nigeria, Morocco, Senegal, Algeria, Kenya, Jordan, Côte d’Ivoire and Egypt. The company is on a revolutionary mission to democratise education by empowering individuals with the skills needed to thrive in the current digital age. With a formidable extensive network of hackerspaces; GoMyCode currently has five physical spaces in Nigeria; Yaba, Ikeja, Festac, Lekki; in Lagos with Abuja being the latest of its accomplishments.

    This new endeavour aims to further address the pressing issue of unemployment, both locally and globally, by leveraging digital connectivity and empowering individuals, particularly women and children. With its innovative approach, GoMyCode’s initiative holds great promise in transforming the job market and enhancing economic development in Nigeria. This comes at a time where the Nigerian Government is embarking on a visionary plan to provide ample employment opportunities for over one million Nigerian youth, GoMyCode seeks to play a significant role by training young individuals to become skilled professionals and invaluable assets to society through digital connectivity.

    We are thrilled with the Nigerian Government’s visionary mission to address youth unemployment through skills development. At GoMyCode, we firmly believe that by investing in tech education, this plays a critical role in shaping the future workforce,” stated Babatunde Olaifa, Country Director of GoMyCode. “By training and empowering the Nigerian youth, we will be enabling them to turn their potential into reality, while further bolstering economic growth, and fostering a culture of innovation.” this was emphasised by the keynote speaker Mr.Inyene Ibanga the Lead, Corporate and Communications officer of the office for National Digital Innovation (ONDI) who represented the Director General of National Information Technology Development Agency (NITDA) Mr. Kashifu Inuwa Abdullahi;  who stressed on the importance of Hackerspaces to improve the economy of Nigeria. He lauded the team’s approach for opening physical spaces where individuals from diverse  backgrounds can have access to information and facilitators.  This brings to the mind several crucial factors as to why the Abuja launch was important. 

    Firstly, technology over the years has become an integral part of every industry on and offline, and those equipped with digital skills are more likely to find employment opportunities than those without. By offering a dedicated space for learning and upskilling, GoMyCode will be  bridging the existing skill gap by  providing individuals with the expertise needed to thrive in the digital era. Secondly, the hackerspace serves as a community for aspiring tech professionals, entrepreneurs, and freelancers, offering them an environment conducive to collaboration, innovation, and networking. This sense of community propels knowledge sharing, industry partnerships, and the creation of new job opportunities.

    As unemployment remains a significant challenge, particularly in developing countries like Nigeria; GoMyCode’s tech space tackles this issue head-on by providing access to high-quality tech education and training. By offering affordable and flexible programs, where individuals can acquire in-demand skills such as web development, data science, artificial intelligence, and more. Furthermore, GoMyCode’s progressive initiative addresses the issue of unemployment by enabling remote work opportunities through its focus on digital connectivity as well as online learning. With remote work gaining popularity globally, GoMyCode’s tech space equips individuals with the skills necessary to secure these remote job opportunities, thus broadening the horizon of employment prospects.

    It is important to note that in GoMyCode’s bid to adhere to one of the SDG goals  it also embarks on the journey of ensuring inclusiveness while closing the gender disparity gap by empowering women and children. GoMyCode’s tech space places a strong emphasis on empowering women and children and bridging the gender gap in the tech industry. By facilitating access to tech education and creating a supportive environment, GoMyCode encourages more women to enter the field and pursue opportunities in technology. Additionally, the tech space offers dedicated programs and resources for children, equipping them with essential digital skills from a young age.

    There was pleasant excitement in the air as parents, potential students, tech inclined individuals, techpreneurs as well as well wishers attended the opening to commemorate the team on such an endearing feat. The success of GoMyCode’s Abuja launch was further  attributed to its welcoming space, unique educational approach, which combines theoretical learning with practical application; with students acquiring skills through project-based learning, workshops, and mentorship programs, ensuring a comprehensive and engaging learning experience as presented during the immersive tour.

    In Conclusion the launch of GoMyCode’s tech space in Abuja, Nigeria, represents  the much needed positive significant step towards addressing unemployment especially among youth, the need to promote economic development, and empowering individuals in the digital age. By leveraging digital connectivity, providing high-quality tech education, and fostering a supportive community, this new initiative will undoubtedly open up job market opportunities not only for the local population but also on a global scale. Through its focus on empowering women and children, GoMyCode is definitely paving the way for a more inclusive and prosperous future.

    To learn more about GoMyCode and their offerings, visit their website at www.gomycode.online.

  • Ericsson reiterates commitment to accelerating Nigeria’s digital growth.

     

    Ericsson (NASDAQ: ERIC) has reaffirmed its commitment to Africa by concluding its leadership led delegation engagement with key partners, customers, country stakeholders, and industry leaders to Nigeria.

    The visit is in line with Ericsson’s dedication to harnessing the power of connectivity and technology to drive digitalization across the continent and support sustainable development and economic progress.

    During the visit, Ericsson highlighted current engagements in Africa’s Information and Communications Technology (ICT) landscape and gave crucial updates on its #AfricaInMotion campaign. The leadership delegation engaged in fruitful discussions with Nigeria’s communication service providers, stakeholders, and policymakers on pivotal topics in the nation’s communication industry. As part of the discussions, Ericsson highlighted the critical role that connectivity plays in advancing the digital agenda of the country, as well as the potential of 5G, cloud computing, and Industry 4.0 technologies.

    The discussions also touched on how Ericsson’s plethora of industry-leading solutions can help drive innovation across various sectors, meet the ever-evolving needs of country, and strengthen collaborations and discourse on cutting-edge solutions to advance Nigeria’s digital revolution.

    Ericsson has a longstanding history with Nigeria and remains a key partner driving the country’s digitalization ambitions. In collaboration with its partners, Ericsson is powering the country’s digital transformation journey through providing the latest innovative technologies like 5G, enabling financial inclusion with the Ericsson Wallet Platform, and empowering young talents under the Ericsson Graduate Program and the Ericsson Innovation Awards

    Nigeria is a key participant in the Ericsson Innovation Awards, an initiative aimed at nurturing the skills and creativity of young talent across the globe; Team Schrodinger Energy won the third place in the Ericsson Innovation Awards (EIA) 2022 competition.

    Ericsson is committed to leveraging innovation and technology leadership to accelerate the sustainable, social, and economic development of Africa. Ericsson aims to increase collaboration with local communication service providers to bolster the accessibility and utilization of telecommunications technologies to contribute to Nigeria’s economic growth.

    ABOUT ERICSSON:
    Ericsson enables communications service providers and enterprises to capture the full value of connectivity. The company’s portfolio spans the business areas Networks, Cloud Software and Services, Enterprise Wireless Solutions, Global Communications Platform, and Technologies and New Businesses. It is designed to help our customers go digital, increase efficiency, and find new revenue streams. Ericsson’s innovation investments have delivered the benefits of mobility and mobile broadband to billions of people globally. Ericsson stock is listed on Nasdaq Stockholm and on Nasdaq New York. www.ericsson.com

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  • How Africa’s Business Heroes is advancing entrepreneurship on the continent

    How Africa’s Business Heroes is advancing entrepreneurship on the continent

    Across Africa, millions of entrepreneurs are opening businesses daily, contributing to their communities and spurring economic growth. Some reports claim Africa has the world’s highest number of entrepreneurs, with Nigeria alone housing an estimated 39 million small businesses. The African Development Bank reports that 22% of the working-age population in Africa starts new businesses, illustrating a thriving entrepreneurial spirit. Of these ventures, around 2,461 are startups.

    Entrepreneurship in Africa holds immense potential for driving economic advancement and addressing global challenges. These entrepreneurs offer tailored solutions that resonate with their communities, potentially generating jobs and innovative solutions. However, like in many developing economies, obstacles such as challenging economic conditions and high capital requirements impede these innovators.

    Business operations in Africa come with unique challenges, including low consumer spending power, political instability, and inadequate infrastructure. Around 80% of new African businesses fold within five years due to factors such as economic hardship, limited capital access, and suboptimal business practices. Given these challenges, African entrepreneurs increasingly require grant funding and capital to nurture their ideas and catalyse economic growth.

    Jack Ma, the founder of Alibaba Group, was moved by the entrepreneurial energy he encountered during his 2017 visit to Africa as an adviser to the United Nations Conference on Trade and Development (UNCTAD). Recognising the parallels between the obstacles faced in Africa and those he overcame in China when he founded Alibaba in 1999, Ma established Africa’s Business Heroes (ABH) prize competition. ABH is a philanthropic venture initiated by the Jack Ma Foundation and Alibaba Philanthropy to inspire, train, and support African entrepreneurs in building inclusive businesses that foster development and economic opportunity.

    Commencing in 2019, the Africa’s Business Heroes Prize aims to identify 100 African entrepreneurs over a decade, offering grant funding, training programs, mentorship, and ecosystem support. The annual competition features 10 finalists pitching their businesses to win a share of the $1.5 million grant. After rigorous evaluations by ABH judges, finalists are selected based on their innovative, resilient, growth-oriented, and impactful enterprises. The 2023 edition marks its 5th year.

    Since its inception, Nigeria has significantly benefited from ABH, with eight Nigerian entrepreneurs emerging among the top 10 winners in 2019, 2020, and 2021. The country has secured grants totalling over $1,185,000. Participation has surged over the years: 2019 had 10,000 applicants, 2020 saw 22,000 applications and 2021 and 2022 had 12,000 and 21,000 applicants, respectively. This year, 27,267 applications were received from all 54 African countries, reflecting the growing entrepreneurial spirit.

    The selection process, mentorship, and grant allocation foster a positive impact on Africa’s business landscape. This process encourages entrepreneurs to critically think through their business ideas right from the application stage. ABH provides rigorous training, feedback, and mentorship, prompting entrepreneurs to refine their business ideas from the application stage. The ABH application form is designed to ask questions that help entrepreneurs think deeply, look at their business in detail, and identify areas they can already start improving on. At each step of the application process, participants receive feedback and guidance from carefully selected judges. This feedback is specific to every entrepreneur’s business. These selected judges offer customised feedback throughout the process, aiding entrepreneurs’ growth. The finalists benefit from guidance on storytelling and business development, amplifying their post-competition prospects. ABH also affords finalists opportunities to connect with accomplished business leaders and investors, offering mentorship, masterclasses, and global recognition through the “Africa’s Business Heroes” show.

    ABH’s 2023 edition announced its top 50 finalists in June and top 20 in July. The top 10 winners will be unveiled in early September, with the Grand Finale in November determining their share of the $1.5 million prize pool. This year’s finalists represent 9 countries and span 9 business sectors.

    The top three winners will receive the largest grants: $300,000 for the winner, $250,000 for the first runner-up, and $150,000 for the second runner-up. The remaining 7 finalists will each be awarded $100,000, with an additional $100,000 distributed for training programs post-competition.

    ABH welcomes African entrepreneurs from all sectors, ages, and countries. The program equips participants with valuable experience, benefiting their businesses through mentorship and exposure.

    As ABH celebrates its 5-year milestone, a gathering is planned in Kigali, Rwanda, alongside the Grand Finale in November. The event promises diverse engagement and exciting sessions. Scheduled for November 23-24, participants can attend in person or online.

    Future applicants can start to prepare their applications ahead of time to take part in the upcoming editions and reap the numerous benefits the competition offers. You can also visit Africa’s Business Heroes official website to find out more. Follow ABH on Twitter, LinkedIn, Instagram, or Facebook to further explore available opportunities around ongoing editions when they are announced and learn more about the winners of the 2023 edition and the innovations of different entrepreneurs.

    Meet the three Nigerians selected among the top 20 finalists for ABH 2023

    Funmi Adewara, founder & CEO Mobihealth International

    Funmi Adewara is a British-Nigerian Physician with a master’s degree in Bioscience Enterprise from Cambridge. Funmi is passionate about changing the poor narrative of healthcare in underserved communities and she contributes to policy formulation on healthcare, particularly around telehealth programs for Africa at both local and regional levels. This passion has led her to serve as an external reviewer to the African Development Bank and a contributor to the United Nations, World Health Summit, and the Medical and Dental Council of Nigeria, (MDCN). Funmi has more than a decade of experience in clinical medicine within the NHS UK, a stint in the pharmaceutical industry as a drug safety physician and she is a member of the American Telemedicine Association (ATA). 

    Ikpeme Neto, founder of WellaHealth Technologies

    Dr Ikpeme Neto is an internal medicine physician and tech entrepreneur. He’s a recognised digital health thought leader with expertise in healthcare, sales, and product development. He is currently working on ways to provide cost-effective technological solutions to improve the quality and affordability of healthcare across Africa. He is also engaged in community building efforts with Digital Health Nigeria, a community for entrepreneurs and enthusiasts in digital health across Nigeria. 

    Bryan Mezue, Founder of Lifestores Healthcare

    Bryan Mezue is an alumni fellow of the Harvard Forum for Growth and Innovation where he founded Banyi Ventures, an investment company focused on funding and building market-creating companies. Bryan is also a co-founder and board member of WAVE Academies, an Obama Foundation Africa Leader, and is published on Foreign Affairs and Harvard Business Review. Bryan was previously a Manager at Bain & Company, working in the London and Johannesburg offices and was a founding member of Bain’s Lagos office. Bryan graduated with a Bachelor of Science (First Class) in Mathematics and Statistics from Warwick University, and a master’s in Business Administration from Harvard Business School.

  • How Cytek is Advancing Cybersecurity in Nigeria.

    A cyberattack occurs globally, once every 39 seconds, according to a study by the University of Maryland. In fact, an estimated 30,000 websites are hacked every day. In Nigeria, both private and public sectors are affected by the rise of cyberattacks. Most recently, during the latest elections in Nigeria, over 12 million cyberattacks were recorded. The ripple effect of constant security threats can foster long term economic setbacks in the country.

    A look at the numbers

    Nigeria’s internet connectivity has grown exponentially. A report by datareportal, shows that in the first quarter of 2023, there were 122.5 million internet users in Nigeria, and internet penetration stood at 55.4 percent. The report also states that Nigeria was home to almost 32 million social media users in January 2023: that’s equal to 14.3 percent of the country’s total population.  

    This advancement in connectivity has exposed more people, governments, and businesses in the country to more cyber threats. In addition, the evolution of work has seen many businesses in Nigeria embrace remote work, causing more people to be vulnerable to several cyberattacks such as phishing, email and phone scams, and impersonation, amongst others. 

    Other cybersecurity challenges include the use of different legacy systems, vulnerabilities in the supply chain, an ever-changing threat landscape, and most especially a lack of employee awareness. The impacts of these on businesses are financial losses, reputational damage, and regulatory fines.

    Cyber security through Cytek

    In response to these threats, Cytek has emerged as a leading provider of cybersecurity solutions in Nigeria. Cytek counts on a top tier team of cyber security experts who have established and managed numerous high-profile cyber defense projects. Cytek experts have set up secure data centers and security operation centers spanning various sectors, including financial, critical infrastructure and more. 

    Cytek’s implementation work leverages a combination of proprietary IP, experience and methodologies, which were developed over years of delivering defense projects all over the world

    The Support of YNV Group

    Under YNV Group umbrella, Cytek joins other companies leading in their respective fields, such as Tek Experts and elev8. Cytek recently announced a new Security Operations Center (SOC) in Lagos in as a joint effort with Tek Experts in their campus on Victoria Island. The new SOC is backed by Microsoft’s industry leading, AI-enabled Sentinel platform and will deliver 24/7 protection for government entities and organizations that do businesses in Nigeria and West Africa. 

    Cytek also works with elev8 to provide cyber security training and upskilling to business and government organizations. Elev8 works to empower organizations to shape their digital transformation journeys through cyber security awareness training, in conjunction with Cytek.

    Multi-faceted cyber security approach

    Cytek’s expert consultants start with a cyber security gap analysis and then identify clear ways to improve the organization’s security posture. The advisory team designs an implementation roadmap to quickly help fill the gaps in the cyber security infrastructure. But it doesn’t stop there. Cytek  also provides the managed security services that continue to keep your organization safe in the face of multiple and ever-changing cyber threats. 

    Cytek’s team of cybersecurity professionals have a deep understanding of the Nigerian market and the unique challenges that businesses and the government face. The company’s solutions are designed to help organizations protect their data, systems, and assets from cyberattacks. 

    In addition, Cytek, provides organizations with real-time, round-the-clock monitoring to keep them safe in the face of multiple and ever-changing cyber threats. Also, to increase awareness of cyber security and bridge the skill gap, Cytek provides training, skilling, and tailored employee learning programs.

    Ready to improve your security coverage? Contact Cytek.