TechCabal

Glover, Africa’s leading digital asset marketplace, has appointed Aboyade Ojeyinka, an experienced professional, as its Chief Operating Officer, effective August 2023. 

Ojeyinka has years of experience working in different managerial positions at notable companies such as Loatsad Promomedia, Keystone Bank, Ecobank, and ChamsSwitch Limited. In his time at ChamsSwitch, he served as a Senior Project Manager, the head of the Business Marketing and Sales department, and the chief operating officer. He was responsible for driving business growth, developing the sales and marketing strategy, and driving market penetration and revenue generation. He was also the Operations Manager at Loatsad Promomedia. 

Ojeyinka combines his operational experience with significant commercial banking experience, as he has worked in various capacities within the channels and e-banking departments at Keystone Bank and Ecobank.

In his role at Glover, he will work closely with the chief executive officer to develop the business strategy for Africa’s leading gift card trading platform and transform this strategy into actionable steps for Glover’s growth. 

Speaking on his appointment, Ojeyinka expressed excitement about the opportunity to work at Glover and grow the business. “It is nice to finally join the Glover family, and my engagement with some of the senior staff has shown that I am at the right place. I will use my wealth of experience and network to ensure that Glover Technologies rises to the next level,” he said. 

About Glover:

Glover is a digital asset marketplace that was inspired to facilitate the buying and selling of gift cards, the conversion of excess Airtime to Cash, the ease of payment for utility bills through its Refill services, and a one-stop-shop for E-tickets. Overall, Glover is keen on creating a financial ecosystem that propels personal and business growth through the creation of financial services that promote ease and convenience. Glover was founded in 2021 and has gained a foothold as one of the fastest-growing startups in Africa. It currently operates out of Lagos, Nigeria, with a presence in Ghana, and plans to expand across the entire continent.

For more information about Glover, please visit www.gloverapp.co.

In the ever-changing landscape of technology, a disruptive force is shaping the digital narrative of Africa. Aya, a blockchain technology company, is unwaveringly committed to carving a path of advancement  within the Web 3 and Blockchain domain for African talents.  

With an unrelenting dedication to amplifying Africa’s global influence in this dynamic sphere, Aya’s mission is  to advance Africa’s footprint in the global Web 3 and Blockchain ecosystems by training and connecting talents  and building innovative technologies.  

Founded by the visionary Eric Annan and Pishikeni Tukura, Aya emerged as a startup company on  October 5th, 2020, to solve the problems that were encountered in the web 3 and blockchain space such as  speed & efficiency, collaborations, a larger pool of skilled builders, and community focus – giving the company  a competitive edge. This led to the launch of Aya and her products to empower and transform the  African Web 3 and Blockchain landscape. 

Aya provides cutting-edge solutions and comprehensive support for talent development and startup growth  through her products, AyaVersity and AyaLabs. Ayaversity is dedicated to training and honing the skills of  African talents, empowering them with the right knowledge and tools to excel in the Web 3 and blockchain  ecosystem. AyaVersity enables the growth of African talents by empowering them with diverse skills such as  Product Design, Product Management, Smart contract engineering, frontend, and Backend Development. 

Moreso, Ayalabs, the company’s brainchild rooted in a community-centric approach, empowers startups and  talents through immersive experiences and invaluable connections. This nurturing environment inspires  young innovators to bring their ideas to fruition, alongside programs such as Velociti8 – an accelerator program  that helps early-stage startup founders to develop their MVP within an 8-week window. 

Aya’s impact is evident in milestones etched across Africa’s technological landscape. The Aya Fellowship,  spanning four African countries, has trained over 220 students and ignited the Ethereum Developers Campus  Tour. This journey attracted more than 4,000 applicants from 33 African nations, with 66 fellows successfully  completing the core training.  

A remarkable addition, Ayathon, unveiled on August 14th, 2023, further solidifies Aya’s reputation as an  innovation hub. This pan-African event leverages blockchain technology to tackle contemporary challenges,  fostering awareness of pioneering Web3 technology frameworks.  

In partnership with industry leaders such as Consensys, Unit Network, Coinbase Giving together, etc., Aya has  solidified its presence. Recognitions include accolades such as being named the Top Edutech Company of the  Year by the Ghana Fintech & Payment Association and earning acknowledgment among the Best Delaware  Blockchain Companies and Startups amongst others. 

As Aya‘s narrative continues to unfold, it signifies not only technological prowess, but a testament to the  resilient spirit of African talent. Aya shows that there are no boundaries when it comes to building in the  blockchain space.  

For more information about Aya and her transformative products, please visit:  https://www.ayahq.com/ 

By Olubunmi Kuku, Vice President and Head, Visa Consulting & Analytics, SSA

Over the last few years, we have witnessed a revolutionizing of the payment landscape with new technologies and new ways of payment emerging.  Of the numerous innovations, contactless has emerged as a technology that is transforming the way people shop and how merchants operate worldwide, creating a faster, more convenient way to pay for everyone. 

Beyond the novelty of new payment solutions, a key ask is how it impacts our everyday lives. This is where contactless transit solutions take centre stage. These solutions are reimagining the way we pay to travel, providing customers with a fast, seamless, and safe experience. 

Today, travel networks globally are faced with unique challenges especially with a growing population and urban migration. With these trends, transport authorities are reimagining service delivery and exploring new ways to create seamless payment experiences.  While the existing paper ticket systems have worked, with the emergence of digital economies, they are becoming unfit-for-purpose, creating greater concerns on cost, revenue assurance and sustainability. Transport authorities around the world are as such exploring contactless solutions to streamline collection processes to deliver true value for customers.

In Nigeria, transportation is a key sector of the economy contributing 2.2% to the country’s GDP. According to the National Bureau of Statistics, commercial road transport had a market value of 3.9trillion Naira as of 2022. However, the sector remains highly fragmented and is dominated by commercial and minibuses popularly known as Danfo & Korope respectively which account for more than 70% of the entire motorized commercial traffic volume in the country. 

While there have been various initiatives to formalize the sector through updated laws, route management systems and the inclusion of the private sector in government bus programmes, there have been mild gains in terms of impact.  Contactless can be key to institutionalizing an efficient market structure enabling real-time visibility in transport systems, data driven decision making on route management and targeted audience engagements for other stakeholders. Most importantly, contactless can enable governments to introduce welfare measures in the form of subsidized pricing to cushion the effect of removal of subsidies on household incomes. 

To drive successful implementation, low-cost solutions to accept payments through digital means such as contactless need to be made available to transporters. Connecting transporters back to the banking & payment systems is essential, enabling a better understanding of their contribution to the economy and informed actions by decision makers to determine how to support them.

Contactless has been a key success factor for highly efficient transport systems globally with the top 10 cities in the Urban Mobility Readiness Index of 2022, all using contactless as an enabler to gain efficiency through the reduction of queues for tickets and collection time associated with cash payments. Contactless has also enabled data collection in these systems to make better decisions on route and traffic management.  Transport for London (TFL), which is ranked 10^th on the Index, grew from 2,586 journeys in 2012 made using contactless to 2.5billion journeys as of 2022 highlighting the impact of the technology.

Visa Consulting and Analytics (VCA) provides strategy advisory and support to financial institutions, fintechs and governments looking to   implement contactless solutions and to define strategies and initiatives to foster adoption. 

Chipper Cash, a leading  African fintech, proudly presents the latest episode in its “Bank on Yourself” customer testimonial series. The program spotlights the achievements of African creative entrepreneurs, sharing their inspiring journeys to success.

The new episode dives into the life and journey of Ezekiel Orji, a dynamic multidisciplinary visual artist from Lagos, Nigeria. In ‘Bank on Yourself’, Ezekiel’s story traces his evolution from launching his business, overcoming self-doubt and discovering new-found confidence, to his immersion in the digital art world. Bringing us up-to-date, we learn about Ezekiel’s triumphant victory as the champion of this year’s Chipper jersey design competition. Ezekiel’s winning design can already be seen worn by Chipper Cash ambassadors.

“With our Bank on Yourself series, we wanted to turn the camera on the African creative entrepreneurs, trailblazing a path in their chosen industries and who also rely on Chipper Cash to enable them to confidently pursue their ambitions,” says Goldie Iyamu, Marketing Campaign Manager. “Learning about Ezekiel’s experiences as an entrepreneur, it’s clear both creatives in the business world and Chipper deeply value ambition, determination and empowerment.”

Ezekiel Orji , adds: “As a Nigerian business owner operating in the global marketplace, I found it was not always easy to make and receive International  payments instantly. That was until I found Chipper. I use Chipper to receive money from my international clients, and I rely on my USD Chipper Card to seamlessly pay for my AI tools and entertainment subscriptions. It’s a game-changer for my business.”

Ezekei’s Bank on Yourself episode, and all previous clips, can be found on the Chipper Cash Youtube Channel

About Chipper Cash
Chipper Cash is a financial technology company serving more than five million customers across the African continent. In 2018, Chipper Cash revolutionized money transfers in Africa by providing a frictionless way to send and receive money cross-border and offering financial inclusivity to millions. Since then, Chipper Cash has increased its product suite and expanded its reach beyond Africa, including into the US. Led by co-founders Ham Serunjogi and Maijid Moujaled, Chipper Cash is focused on its mission to unlock barriers to banking in Africa.

For additional information, please visit www.chippercash.com.

Three female Fellows of the CyberGirls initiative, a brainchild of CyberSafe Foundation, have been chosen to participate in the Global Industry Control Systems (ICS) workshop holding in Miami, Florida.

The three CyberGirls from CyberSafe Foundation’s Critical Infrastructure Security training track were invited to participate by the United States Cybersecurity and Infrastructure Security Agency (CISA) and the U.S. Department of State, organisers of the workshop, to join their contemporaries from 23 other countries drawn from all the continents.

The three girls drawn from Nigeria, Cameroon and Kenya are Victoria Arinola (Nigeria); Nahvoma Vanessa (Cameroon) and Beatrice Mwangi (Kenya).

According to a statement, the workshop, which will run from August 22 to 25, 2023 is a hands-on introductory to intermediate ICS workshop, and will introduce cybersecurity professionals from over 16 countries to foundational skills to protect industrial control systems using offensive and defensive methods. The workshop will also expose the participants to tools involved in effective ICS work, and practical exercise to develop “kill chain” skills against a cyber-attack.

Speaking on the workshop, Founder and Executive Director of CyberSafe Foundation, Confidence Staveley thanked the CISA team for the opportunity granted the girls, and enthused that it will further contribute to securing industrial control systems in Africa.

“I look forward to seeing our fellows, post training, using the knowledge gained to keep our industrial control systems secure.”

As part of the training, participants will delve into Cyberstrike, examining how an industry process can be compromised through the internet in stages, including reconnaissance, weaponization, delivery, exploitation, installation, command and control.  

Staveley expressed her appreciation to CISA for fully funding the CyberGirls participation, including tuition and travel costs. 

Beatrice Mwangi from Kenya is a cyber security talent with a passion for critical  infrastructure security, and with core competences in network security, security policy and governance, Industrial Control Systems (ICS) security, compliance and regulatory knowledge, ethical hacking and penetration testing, Identity and access management (IAM), and digital transformation support, among other strong knowledge base, key achievements and certifications.

Cameroonian,  Nahvoma Vanessa, who currently works as technical support officer while interning at CyberSafe Foundation, where she is learning how to defend against threat to ICS/SCADA networks, and skilled in using Network Monitoring and Security tools.

Nigeria’s Victoria Arinola, a passionate CIS professional with a degree in Electrical and Electronics Engineering,  and wealth of knowledge in building electrical systems, sensors and equipment, has acquired numerous certifications that covers  network architecture and security.

CyberGirls, an initiative of CyberSafe Foundation, is Africa’s biggest female-focused cybersecurity training and mentorship programme. To learn more about us, donate or partner, please visit https://cybergirls.cybersafefoundation.org

Over the last two weeks, the crypto market has been filled with enthusiasm. The biggest reason is the presale launch of Everlodge. Due to its viability and growth prospects, this new project has stirred the entire market, and has raised over $345,000 within two weeks.

On the other hand, projects like Polkadot (DOT) and Cosmos (ATOM) have been trying to gain momentum.

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

Polkadot (DOT) Staking Goes Up

Polkadot (DOT) introduced several developments in recent months, which have started benefiting the network. As per the latest on-chain data, the staking of DOT on the Polkadot network has significantly increased.

Experts believe that Polkadot’s decision, which allowed the unstaking of DOT before the 28-day waiting period, has encouraged more people to stake their tokens. However, investors are still worried about the falling price of Polkadot (DOT).

The market value of Polkadot (DOT) has plummeted by more than 18% in the past 30 days. As a result, the trading price of Polkadot (DOT) has fallen to $4.44.

Cosmos (ATOM) Sees Surge In Development Activity

The Cosmos community has long been in the red zone, as ATOM is continuously losing its market value. On the 30-day price chart, Cosmos (ATOM) is down by more than 18%. Subsequently, the current price of Cosmos (ATOM) has fallen to $7.55.

However, not all looks gloomy for the Cosmos (ATOM) network. As per the latest data from Santiment, the development activity on the Cosmos (ATOM) network has increased by around 30% in the past week.

LunarCrush’s data shows that the bullish sentiments around Cosmos (ATOM) have also increased by more than 42%. This, in turn, can create buying pressure on Cosmos (ATOM).

Everlodge (ELDG) Presale Gets Boost As More Whales Onboard It

Real estate properties are usually in great demand because they give positive and secure returns. Now, think of an opportunity wherein you can own a luxurious villa or vacation stays for just $100. This opportunity is now real, and offered by Everlodge. It is a state-of-the-art Web3 platform that enables users to invest in, and own holiday homes and luxurious hotels.

According to market projections, the size of global vacation rentals can surge to $119 billion by 2030. Therefore, the new blockchain platform is likely to emerge as a blue-chip project in 2023.

On this platform, people can own a luxurious villa for as low as $100. The platform mints NFTs against real estate properties, and fractionalizes them to make them accessible to retail and small investors. Additionally, people who co-own properties can use their NFTs as collateral to obtain a loan. Users will also be allowed to trade their NFTs on the secondary marketplace of the platform, or any ERC20-compatible marketplace.

The platform will be rolling a Launchpad, wherein developers will get an opportunity to raise capital for new projects. Everlodge’s native token is ELDG, which is in its presale. Additionally, the token holders will receive multiple benefits that include discounts on trading fees, and staking rewards. Considering the demand for this project, it can raise $12 million during its presale.

Currently, the purchase price of a token is just $0.01, which will rise to $0.012 next week. However, as per predictions, the token’s market value can explode by 280% during the presale round, and 30x upon launch.

Find out more about the Everlodge (ELDG) Presale

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

Telegram: https://t.me/everlodge

Nimbus Media Ltd, a destination out-of-home-advertising company and the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) have today announced a call for applications for the 2023 edition of the Nimbus Aid Project.

The transformative social impact initiative spearheaded by Nimbus Media Ltd will provide 20 women-led businesses across Nigeria with over N40 million ($53,681) worth of advertising on Nimbus screens. Successful applicants will also benefit from various marketing and brand-building support from other project partners. 

Speaking on the partnership, Dr Bunmi Kole-Dawodu Lagos State Manager, SMEDAN, stated, “Our partnership with the Nimbus Aid Project comes as a promising addition to SMEDAN’s plans for the year. We aim to significantly extend our impact on women-led enterprises beyond our previous efforts. With this collaboration, we are confident in achieving these objectives.”

In Nigeria, small and medium enterprises (SMEs) constitute the backbone of the economy, driving innovation, creating jobs, and fostering economic diversification. According to the International Labour Organisation, they contribute 48% of the national GDP, account for 96% of businesses and 84% of employment. However, these SMEs, particularly women-led ones, often face challenges that hinder their growth. 

Wale Adegoke, CEO of Nimbus Media Ltd, stated, “The Nimbus Aid Project reflects our commitment to driving positive change in our society. We believe in the power of media to uplift businesses and empower voices that need to be heard. By spotlighting women-led businesses through this initiative, we’re not only advancing gender equality but also fueling the engine of economic growth in Nigeria.”

“This year, we are grateful for the support of prominent sponsors, including SMEDAN, LSETF, Marketing Edge Magazine, TechCabal, Techpoint Africa, News Central TV, Hervest, FBN Quest, Carpe Diem Solutions and others who share our vision of unlocking economic opportunities through entrepreneurship and gender equality.”

The Nimbus Aid Project has a storied legacy of significantly impacting businesses. Since 2016, it has supported 13 organisations, 11 being women-led, with N35 million worth of Digital Out-Of-Home (DOOH) advertising. With this support, beneficiaries have recorded over 2.8 million unique views of advert materials in key cities across Nigeria. 

The 2023 edition is poised to take this impact further, empowering women-led SMEs and setting the stage for a more inclusive and economically-empowered business landscape. To apply for the Nimbus Aid Project 2023, women-led businesses are encouraged to visit https://www.nimbus.com.ng/nimbus-aid-project   The deadline for applications is Friday, 8th September 2023. 

About The Nimbus Aid Project

Since its launch in 2016, the Nimbus Aid Project has supported businesses and social impact organisations committed to creating economic and social opportunities in Nigerian communities. The initiative is led by Nimbus Media Ltd, a destination out-of-home advertising agency in Lagos. 

Previously known as “Nominate A Charity,” Nimbus Aid Project’s mission is to ensure SMEs and social impact organisations benefit from the reach and credibility that outdoor advertising brings to major brands. 

Past beneficiaries of the Nimbus Aid Project include Headforth Foundation; a non-profit providing free and easy access to justice for indigents; MyMedicines; a platform for last-mile access to genuine and affordable medicines across Nigeria; and Wadi Africa, a digital platform connecting African researchers to the resources required to carry out groundbreaking research.

Positioning the company firmly in the race to win cross-border payments across the African continent.

NALA, a financial technology company, has officially launched payments from the UK and Europe to Nigeria. This is a significant move for NALA given their strong roots in East Africa, and alludes to the company’s intention to compete on a pan-African scale alongside West African players such as Send by Flutterwave, Lemfi and others. Given Nigeria comprises ~20% of Africa’s total population, launching in this market unlocks a significant opportunity for NALA to realize its mission to increase economic opportunity for Africans worldwide. 

NALA, a Tanzanian financial technology company with permissions to operate in the UK (as an agent of Modulr FS Limited), EU and US, launches payments to Nigeria.  The announcement comes after a series of aggressive moves on behalf of the company, including a push to deepen local partnerships and acquire licenses across the continent. Earlier this year, NALA announced its approval for a License to provide Payment Systems by the Bank of Tanzania, which will enable direct integration with Banks and Mobile Money operators such as M-Pesa. Further, NALA’s CEO Benjamin Fernandes announced in July a $5 million investment into Kenya, which is home to the company’s largest office worldwide.

Nigeria is the largest economic market in Africa. As of 2021, Nigeria’s GDP totaled $441 billion, placing it ahead of economies like Egypt and South Africa. Nigeria also has a robust migrant population, with almost 400k diasporans living in the United States and 200k living in the United Kingdom. Together, Nigeria’s robust economy and healthy diaspora population contribute to massive remittance inflows, amounting to more than £3 billion from the UK alone, or 1% of Nigeria’s GDP.

NALA is led by Founder and CEO Benjamin Fernandes, who hails from Tanzania and has been working in African payments for 10+ years. 

Fernandes commented, “As we take our first strides into West Africa, Nigeria is a clear opportunity space for NALA. As a company we are committed to advancing payment solutions for Africans worldwide. We do so by innovating on status-quo tools while expanding access to improved technology infrastructure. Launching in Nigeria amplifies NALA’s reach and capacity to drive meaningful innovation in the African payments landscape. We believe this expansion lays the groundwork for NALA to compete and win on a Pan-African scale. In turn, NALA will invest in Nigeria by increasing the number of local jobs we provide and creating partnerships with local players such as banks and payout providers.” 

NALA is available for download via the App Store or Play Store.

Background
Despite the many options for sending money to Africa from abroad, the continent continues to be the most expensive place to send money. The World Bank estimates average transfer fees to Africa at ~9%. Further, many existing options include hidden fees that make it hard to discern the true cost of sending money. NALA is working towards changing the paradigm of financial tools for Africans by providing fair and transparent services to empower people with control over their finances. 

NALA’s team is composed of some of the best talent worldwide, bringing together experts in African payments alongside leaders from American/European tech companies to produce alchemy. We’re home to alumni from companies such as M-Pesa, Google, and Monzo who are committed to scaling payments across Africa. 

About NALA

NALA is an African payments company and money transfer app that enables you to make secure and reliable payments from Europe, the UK and US to Africa in seconds.

We are on a mission to increase economic opportunity on the African continent and among its diaspora worldwide. Creating community-powered financial solutions makes it easier to make day-to-day payments and do business in an increasingly global Africa. 

Payments in Africa are 1% built. NALA aspires to bring 21st-century payment technology to Africa to create a low-cost and highly reliable set of payment rails that friends, family, and businesses can use. When payments are simple, reliable, and available at the touch of a button, anything is possible.

Sources:

• Nigeria GDP
• Remittance value

Nigeria’s leading National Microfinance Bank, Accion Microfinance Bank, in a bid to continually meet and satisfy the changing needs of its customers has upgraded its mobile app to offer them a seamless and enhanced banking experience.

The new app called the ‘AccionMonie’ was redesigned to embody new exciting features to ensure customers witness an enhanced, user-friendly, accessible, secure and convenient banking experience.

Aside the basic banking features of a mobile app such as fund transfers, bills payment, airtime purchase and so on, the AccionMonie, brings new key features that address customers’ specific needs and lifestyle preferences such as easy access to loans, target savings and account statement generation.

With the AccionMonie, customers can now have quick access to apply for the ‘Brighta loan’ from anywhere without visiting any branch. The ‘Target Savings’ feature on the app, allows customers to create personalized savings plans to accomplish their financial goals and aspirations.

Another major upgrade on the app is the account statement generation. Customers can effortlessly keep track of their transactions with this feature at their convenience on the go.

This revamp represents a major feat in the Bank’s commitment to offering innovative and customer-centric financial solutions to customers. The vision with AccionMonie is to redefine and empower the Bank’s customers’ to take charge of their financial journey to achieve their various goals.

The upgrade of the Bank’s mobile app is a significant milestone in the Bank’s digital transformation journey; it is a testament that the Bank will consistently seek ways to digitalize its products and service and ensure its customers can easily access them. This restates the Bank’s commitment to its mission and vision of transforming lives and businesses in the most sustainable and ethical manner in Nigeria.

AccionMonie is available for download on both Android and iOS devices via the Google play store and App Store respectively. 

Established in 2006, Accion MFB Limitedf began operations in May 2007 upon obtaining the Central Bank of Nigeria license and has continuously empowered and supported business owners in Nigeria over the years.

Are you an entrepreneur or innovator with a brilliant idea that can help solve real-world problems? The WIPO Intellectual Property (IP) Labs program wants to help you turn your idea into a successful business.

The WIPO IP LABS is a project designed by the WIPO Nigeria Office (WNO) in collaboration with the WIPO program and WNO implementing partner – The Orbra Company, to help idea-stage startups in Nigeria develop their ideas, build them into scalable products, and leverage IP for prosperity.

WIPO IP Labs, is seeking applications from idea-stage startups across Nigeria for a virtual incubation and acceleration program focused on leveraging intellectual property for business growth.

The program aims to help startups:

• Develop innovative ideas into scalable products
• Build awareness on using IP for business
• Create minimum viable products (MVPs)
• Develop pitch decks
• Secure relevant IP rights for inventions and innovations.
• Connect with mentors, investors and other ecosystem stakeholders

Who Can Apply?

WIPO IP Labs welcomes individuals or teams with innovative technology-driven ideas that address challenges in areas like finance, job creation, climate change, agriculture etc. Your idea should have an intellectual property component that can be protected.

What You’ll Get

The program will run from August to December 2023 and has two stages::

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

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

Through WIPO’s IP Management Clinics, you’ll learn to use IP as a business strategy. You’ll also get to:

• Create a Minimum Viable Product (MVP) and pitch deck
• Connect with investors and mentors
• Network with peers
• Learn tools and strategies for IP management

How to Apply

Applications are open from August 16 to September 4, 2023. Apply now via: https://www.wipo.int/about-wipo/en/offices/nigeria/ip-labs.html

Don’t miss this opportunity to turn your innovative idea into a thriving business. Leverage intellectual property and the support of IP Labs to drive your startup’s success.

FLiT, the innovative digital job placement and apprenticeship product by Utiva, has reached a significant milestone with the acquisition of a performance-based funding of $500,000 from the Netherlands Ministry of Foreign Affairs. This investment, secured through the Challenge Fund for Youth Employment (CFYE), is to support FLiT’s expansion into a leading Pan-African digital apprenticeship business, shaping the trajectory of tech talents.

Since its launch on June 21, 2023, FLiT has swiftly emerged as a potent advocate for gender equality within the technology landscape. This transformative product effectively addresses the pressing challenge of job placement for African talents in the technology sector, offering a comprehensive one-year digital apprenticeship program that seamlessly transition participants into fulfilling full-time tech roles.

FLiT’s innovative approach harmonizes rigorous education with hands-on experience, providing a dynamic conduit for young Africans to connect with tech-seeking employers while simultaneously enabling companies to tap into a pool of skilled tech professionals across the African continent.

While FLiT remains steadfast in its commitment to equal opportunities, its initial focus over the next two years, is to empower 2000 women, championing their entry into the dynamic world of technology and fostering a more diverse and inclusive tech ecosystem. Focused on the creation and implementation of a scalable digital apprenticeship program aimed at facilitating the employment of millions of individuals across Africa, FliT has been meticulously developed to expedite the integration of pre-trained technology professionals from diverse bootcamps into roles with companies experiencing shortages in technology talent.

During the launch event, Eyitayo Ogunmola, CEO of Utiva, emphasized the increasing proliferation of bootcamps in Africa and the subsequent shortage of employment opportunities for proficiently trained individuals. Ogunmola highlighted the distinct roles of educators and job connectors, with FliT being firmly positioned as the latter. “Let educators continue to train while job connectors do their part; FliT is a job connector and not another Bootcamp,” stated Eyitayo Ogunmola.

Through the FLiT initiative, skilled tech professionals are afforded the chance to engage in a year-long digital apprenticeship, paving the way for subsequent progression into full-time positions with employers. By amalgamating academic knowledge with hands-on experience, FLiT has erected a platform that streamlines access for young Africans to employers seeking tech talent.

With a commendable global track record of training over 50,000 talents, Utiva envisions FLiT as a linchpin in its overarching mission to bridge the gap between tech talents and industry leaders on a global scale. 

During the launch event, Damilola Daniels, Utiva’s Programs Manager, expressed how FLiT, as a subsidiary of Utiva, is poised to shatter barriers and drive innovation within the tech industry.

As FLiT garners momentum, Utiva remains resolute in its commitment to driving technological progress, injecting unparalleled value into the tech sector, and continually refining solutions through iterative enhancements and user feedback.

For further inquiries about FLiT, visit www.hireflit.com

About FLiT: FLiT is a dynamic digital job placement and apprenticeship business that is designed to take young people from classes to full-time technology jobs, thus, bridging the education-industry gap and propelling participants into rewarding full-time tech roles.

About Utiva: Utiva is a leading Technology Education company with a global presence, dedicated to providing top-tier technology training and solutions. With a track record of training over 90,000 talents across the world, Utiva is committed to bridging the gap between education and employment in the technology sector. 

The Africa Fintech Summit is returning for its 10th edition in Lusaka, Zambia. The event which is slated to take place from November 2-3, 2023, at the Ciela Resort & Spa, will host fintech stakeholders from across Africa and the globe for ecosystem-building conversations and engagements. 

The African Fintech Summit happens twice a year and brings together innovators, regulators, investors, and others involved in Africa’s financial technology scene. The goal is to provide a space for bright minds in finance and technology to connect and exchange thoughts and ideas, and explore partnership opportunities.

The first-ever edition of the Africa Fintech Summit took place at the National Press Club, Washington, D.C., on April 19, 2018, and with 150 attendees, 36 speakers, and 14 international partners, the summit was off to a great start. The impact of AFTS’ inaugural edition was so notable that the meeting was voted the most engaging event of the World Bank Spring Series.

Since then, there have been eight other editions of the summit held across Washington D.C., Lagos (2018), Addis Ababa (2019), (a virtual event in 2020), Cairo (2021), and Cape Town (2022).  So far, all nine editions have produced impressive results, including supporting over $100 million in capital raise efforts for African startups, market entry for multinational corporations seeking to enter the regional fintech market, the launch of strategic partnerships and new businesses, policy guideline creation and more.

Supported by these results, the African Fintech Summit will take place in Lusaka, Zambia, this November. The AFTS Advisory Board selected Zambia as the summit’s next host because the several signs suggest that the Southern African country is primed to become Africa’s next fintech hub. For instance, in recent months, several digital companies have entered the Zambian market including fintechs such as Cellulant and ZeePay and B2B e-commerce company Wasoko.

Also, local fintechs in Zambia have experienced more growth in recent times. To top it off, the Zambian government has been making serious moves to drive digital transformation in the country and create business-friendly regulations. These efforts have yielded results such as improved mobile money penetration and have positioned Zambia for fintech-driven economic growth.

Speaking about the upcoming summit, Hon. Felix C. Mutati, Minister of Technology & Science for Zambia, said, “this summit comes at an important moment in Zambia where the Ministry of Technology & Science continues to work diligently to implement our national digital transformation strategy. The summit’s focus on the advancement of financial inclusion and sustainable economic development via the fintech industry will play a key role in driving digital transformation not only here in Zambia, but across the African continent.”
With hundreds of attendees from 40+ countries projected to be in attendance, #AFTSLusaka2023 promises to feature Africa’s top fintech stakeholders leading various conversations. Amongst those expected to speak at the event are Chilufya Mutale, Co-founder and CEO, Premier Credit; John Bosco Sebabi, Deputy Chief Executive Officer, Pan-African Payments and Settlement System (PAPSS); Roy Muyelu, Chairperson, Payments Association of Zambia; Andile Masuku, Head of Community, Founders Factory Africa; Dolapo Agbaje, Director, Apis Partners; Grace Anyetei, Regional Director of Operations, Africa, IDT Corporation/Boss Money; Eghosa Nehikhare, Co-founder and CEO, Multigate; Eloïne Barry, Founder and CEO, African Media Agency (AMA), and others.

As usual, AFTS has lined up a slew of value-laden sessions attendees can look forward to, including:

• A VIP Dinner for VIP delegates, speakers, sponsors, regulators and partners on the evening of November 1st
• 10+ Live Panels Discussions and Roundtables exploring the leading trends and ideas impacting fintech in Africa and beyond 
• High-level Networking Opportunities
• Africa’s Largest Fintech Exhibition
• Expert Keynote Addresses and Fireside Chats
• 2023 AlphaExpo Micro-Accelerator and Pitch Competition
• Partner Workshops
• Lusaka Startup Ecosystem Tour
• Post-event Happy Hour, and more!

This year’s edition is sponsored by leading African fintech stakeholders such as Flutterwave, Pan-African Payment and Settlement System (PAPSS), Fonbnk, PremierCredit, Multigate, and others.

Speaking about the impact of the Africa Fintech Summit at the last edition, Chris Maurice, the founder and CEO of YellowCard, the largest crypto exchange in Africa, said, “I’m here because I’d never miss it. This is the best conference in the world, let me tell you. My favorite thing about the summit is that it gives us and other businesses an opportunity to explore parts of the continent that often get overlooked from a business perspective. I love the idea of being able to visit new parts of the continent from a business perspective, and to interact with regulators and officials from those parts. I think the conference is doing a lot to make fintech on the continent more Pan-African.” 

AFTS calls all interested parties to join other innovators, startups, corporations, investors, and regulators as they share knowledge and zoom in on the opportunities and trends shaping fintech in Africa at #AFTSLusaka2023. The summit’s hybrid format ensures that attendees can participate in person or online. Tickets are still on sale on the event’s official website.

Gameporte, a play and earn platform for competitive gaming, hosted her first edition of the Gidi Interactive Cup on July 29th, 2023, at the Palms Mall, Victoria Island, Lagos, Nigeria. The live event, which brought together several top professional gamers across the country in the gaming industry, had a prize pool of up to $2,000. The gamers battled for the championship in two  different game titles; FIFA 23 for the male category and Mortal Kombat for the female category.

The immersive competitive gaming experience was held in partnership with Zagg energy drink , a product of Nigerian Breweries Plc, and Crusifix Games and Lounge, the Ultimate VR Game Center in Lagos.

Gameporte, through the event, officially announced the closed beta launch of its mobile app.  The app allows African gamers to connect online and compete against each other in various games to earn rewards of up to $10,000 in the launch phase. Gamers can join the waitlist to gain access to the beta by visiting the website – www.gameporte.com 
Olumayokun Sanni , the Cofounder/CEO, spoke about how the African gaming market is experiencing the fastest growth in the world according to a recent Newzoo report , Gameporte’s commitment to taking advantage of these major trends in the market with the release of the Gameporte App.

The app provides a platform for African gamers, tournament organizers and brands to connect, organize esports competitions, and monetize their gaming skills in the $180 billion gaming industry through its automated tournament management and matchmaking system.

Olumayokun alluded to recent activities in the African gaming industry confirming the growing interest and attention in the industry. The most recent of these activities is the setting up of (one of the first sets) a gaming server in Africa (Nigeria) by Electronic Arts (EA)  after several years of operation in Africa. This new development will foster competitive gaming in Africa as African gamers are now able to play more easily online, with an ultra low latency gameplay, against other gamers. Gameporte is leveraging this by making it possible for such gamers to stake against their opponents and get rewarded when they play online matches.

Gameporte is excited and passionate about building the largest reward system for African gamers, and will in the coming months expand their services across the country and to other African nations like Egypt, Kenya, Ghana, South Africa and eventually connect Africa to other major continents such as the Middle East, Europe and Asia.

Have you heard about traditional bookies placing restrictions on their platform users? Does the strict withdrawal amount of their winnings sound familiar? Their conditions are obviously endless… 
This seems to be the case for Mr. Stanley and Mr. Felix, two popular Nigerian punters on Twitter. They experienced difficulties in accessing their payouts after winning with a traditional bookie (Sportybet, Helabet, etc.). They are not alone, a lot of punters around the globe, not only in Nigeria. Well, the solution to this issue is “DECENTRALIZED” sports betting. 

Why decentralized sports betting?

Mr. Stanley and Mr. Felix would not experience these issues on decentralized sports betting platforms. How? 

Not being compensated for their winnings is a common issue faced by bettors and this has become a nightmare for all punters. Decentralized betting eliminates the need for a central authority like Helabet and Sportybet, which controls the odds and holds all the stakes. Users can participate both as the house and the bettors. Mr. Stanley and Mr. Felix as bettors would get paid regardless of their winning sizes because the funds will be automatically paid out using digital “smart” contracts. 

UBet Sports is decentralized

UBET Sports is a sportsbook that transforms the betting industry by leveraging blockchain technology and decentralization principles. Their goal is to democratize traditional sportsbooks by respecting user privacy and not holding users’ money. Being a non-custodial platform makes you the sole owner of your funds rather than relying on a sportsbook to hold or manage your money.

The primary objective is to empower bettors like Mr. Stanley and Mr. Felix by providing them with trustless ownership over their bets and winnings. With UBet Sports, you get fast payouts and low transaction fees. Bettors enjoy sports betting without looking over their shoulders.

The cryptocurrency used on the UBET Sports platform is the USDC, a stablecoin whose value is backed by the US dollar at 1:1. There is absolutely no fear of losing assets due to fluctuating market values. With the current value of the Nigerian naira plummeting. The USDC comes in handy as a viable means for preserving the value of one’s cash.

Games Experiences

The UBet platform provides a wide range of exciting games. Immerse yourself in the thrill of competitive eSports, top-tier basketball action in the NBA, the passion of global football including top European leagues, the excitement of NFL matches, the game of cricket, and the exhilaration of baseball. Bet on your favourite teams, players, and outcomes. You can sign up for the MVP tournament here to win $2,000USDC prize.

UBET just concluded our beta experiments after carrying out a series of tests via betting tournaments and hearing exclusive community feedback. Now you can try their platform!

It will interest you to know that the UBET platform will definitely broaden its user base. With the addition of parlay bet functionality, it aims to improve user ease by giving punters the chance to combine numerous bets for better odds and greater possible rewards. UBET Sports plans to put referral programmes into place, enabling users to profit from commissions or bonuses by spreading special codes to invite new users. These changes are expected to improve user engagement and the overall betting experience on the site.

Join our community

Be part of the UBet community and updated when MVP launches. Join our thriving community and be part of the future of betting! 

Discord 

https://discord.gg/destXEjEnW

Telegram 

https://t.me/+bZsj5NzWmhkwYTAx

Twitter:

https://twitter.com/UBet__Sports

Interswitch Group in collaboration with Silicon Valley Product Group (SVPG), Innovate Africa Foundation and WorkNigeria, is proud to announce the 2023 Inspire Africa Conference – the largest gathering of local and international product professionals in Africa.

Scheduled to hold at the Eko Convention Centre in Lagos – Nigeria, from the 18^th to 21^st of September 2023, the event is billed to be Africa’s first-ever product conference of this magnitude, featuring a host of local and international product and training leaders including Marty Cagan, Christian Idiodi and other partners from the Silicon Valley Product Group – a renowned team of industry veterans who have held executive level positions at major Silicon Valley companies.  

 “By 2030, Africa is projected to have the largest working population in the world. That’s a lot of people with the potential to work together towards a common goal driven by technological innovation,” remarked Christian Idiodi, Partner at Silicon Valley Product Group. “The key for us, is providing them with the skills and capital they need to thrive in the global market and that is what the Inspire Africa Conference seeks to do. “

Rebecca King, representative of the Innovate Africa Foundation expressed the need for cross-border collaboration in growing the African product community into a stronger force. “The primary objective of the Inspire Africa Conference is scaling the African product community in line with global market viability. We’re happy to facilitate knowledge exchange between the local and global product communities with Interswitch, a legacy brand that has pioneered technological advancements in Africa.”  

Africa has produced several technology-driven businesses which products have gained recognition around the world. The continent is also home to seven of the world’s unicorns which are individually valued at over $1 billion. 

“Initiatives such as the Inspire Africa Conference are crucial in developing the technology value chain and upskilling our workforce. As an African-oriented organization, Interswitch is committed to driving Africa’s development and we understand the power of nurturing African-led innovation by providing African talent with opportunities of this nature that shape this narrative”, said Princess Edo-Osagie, Head of Product Leadership & Agile Governance at Interswitch Group, while commenting on the company’s headline sponsorship of the conference. 

Interswitch’s support extends beyond the conference, being a recognized accelerator of impact and exponential growth in Africa’s technology and payments sectors over the past 20 years. “As a champion of Africa and African talent, Interswitch prioritises partnerships and platforms that enable individuals and communities prosper across Africa”, concluded Edo-Osagie.  Participants at the conference will benefit from four (4) days of hands-on training and the opportunity to interact with 30+ global product leaders and over 2,000 leaders, founders and professionals in the product ecosystem all working together to upskill African product experts. Registrations are ongoing at: inspireafricaconference.com.

With the rise of online marketplaces and social platforms, there has been a significant increase in the number of fraudulent transactions. Many consumers are wary of making purchases from unknown sellers, fearing that they will be scammed or receive faulty goods. 

Certainly, Africa is poised for a significant surge in eCommerce engagement, underscoring the escalating significance of trust. With 54 nations and a population exceeding 1.3 billion, the continent boasts a staggering 725 million mobile device users. Additionally, around 280 million individuals hold mobile money accounts, a threefold increase compared to conventional bank accounts. 

Absolutely, the advancement of eCommerce and digital payment systems extends beyond technology itself, especially in Africa and other regions. Technology should play a role in enhancing the trust between buyers and sellers. Without this element, the incentive to shift away from cash and outdated transaction methods might dwindle over time. Trust is an integral factor for sustainable progress in the realm of digital transactions and financial evolution.

In the light of this, Bondly is set to launch an escrow platform that will provide a secure and reliable way for buyers and sellers to transact with confidence, ensuring that both parties are protected from fraud and guaranteed payment once the transaction is complete. With this technology, when a buyer places an order, the payment is held in escrow until the seller delivers the product or service as promised. 

The company that just announced its Beta programme to onboard their first set of users offers a simple and intuitive interface, making escrow transactions quick and seamless while also enabling users to carry out regular banking transactions. They also provide robust security features, including fraud prevention measures and a layer of authentication, to ensure that all transactions are safe and secure.

“We’re thrilled to offer a simple solution that empowers consumers to transact with confidence,” said Bondly’s CEO David Chima. “Our revolutionary escrow infrastructure is a game-changer for the e-commerce and social media industry, and we’re looking forward to seeing the positive impact it will have on the industry as a whole.”

Bondly’s escrow infrastructure is the ultimate solution for social media influencers and small business owners looking to expand their online sales while also empowering consumers to transact with confidence and helps sellers build trust with them. With this, the buyers are less prone to scams, and the sellers have more brand loyalty and business growth. A win-win for both parties.

A launch date will be announced on their social media platform. Join the Beta programme to win exciting prizes, provide valuable feedback & be one of the first to experience the secure and reliable way to transact on social and e-commerce platforms with Bondly.
Visit www.mybondly.com

In a rapidly evolving financial environment, the need for seamless, globalized fintech solutions has never been more paramount. Platnova, a groundbreaking fintech platform, aims to address this gap by providing comprehensive financial solutions tailored to the demands of today’s interconnected world.

Founded by Benjamin Oyemonlan, an esteemed recipient of the UK Global Talent Visa, Platnova emerges as more than just a financial app—it represents a shift in how we perceive global financial transactions. With an extensive array of features such as swift multi-currency payments, simplified bill payments, the ability to create and fund virtual cards, and convenient processes for purchasing gift cards and paying international tuition fees, Platnova positions itself at the cutting edge of fintech solutions.

At the heart of Platnova’s mission is a commitment to regulatory compliance and user security. The platform boasts operations across the UK, US, Canada, Rwanda, and Nigeria, each region adhering to its respective financial regulatory standards. This includes FINCen regulation in the US, MSB registration in Canada, a partnership with an FCA-regulated entity in the UK, and collaboration with a CBN-regulated partner in Nigeria.

“In an increasingly globalized world, the need for a cohesive financial platform that caters to multiple regions and currencies is pressing. With Platnova, we aim to bridge this gap and offer users a seamless financial experience irrespective of borders,” shares Benjamin Oyemonlan.The fintech sector stands on the brink of a new era, with solutions like Platnova leading the charge. As businesses and individuals alike seek more streamlined, globalized financial solutions, platforms like Platnova are poised to reshape the future of finance.

Meta Title: Volatility Alert: Can Dogecoin (DOGE) Break Free From Its Bearish Zone? Everlodge (ELDG) Emerges As Whales’ Favorite, Sparking Frenzy With Explosive Surges

Meta Description: Explore the Dramatic Events in the Crypto Landscape As Dogecoin (DOGE) Navigates Bearish Sentiments. Discover How Everlodge (ELDG) Captures the Attention of Whales and Ignites a Frenzy With Its Astonishing Surges.

The tumultuous terrain of crypto is evident in Dogecoin’s (DOGE) bearish struggle and Everlodge’s (ELDG) astounding surges. While Dogecoin is grappling with selling pressure, Everlodge is capturing the spotlight with unprecedented surges, becoming whales’ favorite in the process. In this article, we will explore these diverging events and the factors responsible. 

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

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Dogecoin (DOGE) Grapples With Bearish Sentiment As It Faces Decline

Dogecoin (DOGE) used to be a favorite, but after its recent dump, it has become less appealing to investors. Although its dominance hasn’t come into doubt, many nonetheless believe it is merely riding on past glory.

Its current situation and grappling with price fluctuations have left investors with uncertainty. While Dogecoin has depended on its passionate community since its launch, it appears to be failing now.

The potential factors responsible for Dogecoin’s recent challenge hinge largely on competition within the meme sector and the broader crypto market. This has resulted in a shift in sentiment, with investors favoring alternative investments with more growth potential than Dogecoin. 

However, despite these challenges, many observers believe that Dogecoin will likely mount a comeback, per historic data.

Everlodge (ELDG): Reasons for Whales Accumulation Explored

Amidst bearish struggles and sentiments in the broader crypto market, Everlodge (ELDG) has piqued the interest of both retail investors and crypto whales. Consequently, there has been staggering participation in its presale. The factors responsible for whales’ activity include explosive growth potential, strong fundamentals, and unique utility.

The project’s utilization of blockchain technology and novel use of crypto have stirred up enthusiasm around its token, making it poised to skyrocket. According to industry experts, the crypto will surge by 50x before the end of the year. If this doesn’t make a compelling investment, nothing does. 

However, besides its enormous growth potential, a key aspect of Everlodge that appeals to investors is its exceptional fundamentals and utility. The trailblazing project is building the world’s first property marketplace. This revolutionary move will see users co-own luxury villas, hotels, and vacation homes for as little as $100 via fractionalized NFTs.

The above solution, which is impossible in the conventional real estate industry, sets Everlodge on the cusp of adoption. Additionally, as a payment currency within the Everlodge ecosystem, ELDG will have real-world utility. Further perks of holding the token include discounts on property purchases in the marketplace as well as on trading and maintenance fees.

The ELDG token presale is currently in its beta stage at $0.01 per token, and we strongly recommend investing. By being a presale investor, you stand to earn a whopping 280% on your investment. 

Find out more about the Everlodge (ELDG) Presale

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

Telegram: https://t.me/everlodge

Leading Nigerian beauty brand, Paxo Beauty, is excited to announce the launch of its new mobile app. The redesigned app is set to transform how customers connect with the brand, providing a smooth shopping experience and empowering beauty enthusiasts across Nigeria. 

Founded in 1996 as a B2B wholesale business, Paxo pharmaceutical limited – a subsidiary under the Paxo Group – established itself as a trusted supplier to pharmacies, supermarkets, and local stores nationwide. However, as online marketplaces like Jumia, Dealdey, Konga, Kaymu, and GTB marketplace emerged, relying solely on these platforms proved limiting. 

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To adapt to the digital shift, Paxo Beauty emerged from Paxo Pharmaceuticals in 2015, adopting a direct-to-customer (D2C) approach. Partnering with design agency Cregital, Paxo Beauty revamped its branding and website to resonate with its audience. 

Leveraging Instagram and Facebook for commerce in 2016, Paxo Beauty experienced rapid growth, achieving monthly sales of approximately 150,000 Naira. 

In 2020, Paxo Beauty further enhanced its customer experience by launching an easy-to-use mobile app for iOS and Android. The revamped platform offers a seamless shopping experience, a user-friendly interface, improved navigation, and diverse product options. A loyalty program was also introduced, allowing customers to earn money with each purchase, contributing to an impressive monthly revenue of 10 million naira. 

The app’s relaunch underscores Paxo Beauty’s commitment to technology and innovation. The brand’s team of developers, UX designers, product managers, and content experts created a digital ecosystem to elevate the customer journey. 

“Paxo Beauty is dedicated to delivering exceptional products and experiences,” said Jumoke Olukoya, CEO of Paxo Beauty. “Our revamped app elevates the beauty shopping experience, merging speed, convenience, and technology to solidify our position in the Nigerian beauty industry.”

The Paxo Beauty app is now available on the App Store and Google Play Store, offering a wide range of beauty and skincare products tailored for Nigerian consumers. For more information, visit www.paxobeauty.com 

About Paxo Beauty: 

Since 2015, Paxo Beauty has catered to customers’ diverse needs in Nigeria. Transitioning from a B2B wholesale business to a direct-to-customer model, Paxo Beauty expanded its online presence via social media. With the 2023 app relaunch, Paxo Beauty aims to deliver seamless shopping while maintaining its commitment to quality beauty and skincare. 

Links: 

Website – www.paxobeauty.com 

Instagram – https://instagram.com/paxobeauty?igshid=MzRlODBiNWFlZA==

TikTok – https://www.tiktok.com/@paxobeauty1?_t=8f17JZrUcbt&_r=1 

Media inquiries: 

[Media Contact Name] – Adejumoke Olukoya 

[Position] – Co Founder/CEO 

[Email Address] – jumoke@paxo.com.ng 

[Phone Number] – 08033072333

AXA Mansard, a member of AXA, a global leader in insurance and asset management has announced the opening of the second cohort of its insurtech accelerator initiative, the Innovation Exchange Programme.

The Innovation Exchange Program is a 15-week accelerator programme designed to help develop Insurtech solutions, grow startups, commercialize and scale them in ways that can aid seamless distribution, claims management, technical underwriting, customer management, and payment for Insurance services across different segments of the market.

The first edition of the programme debuted in 2022, with five startups admitted into the program. These startups include Clafiya, LegitCar, HealthStack, Gerocare and Fortyfi. In line with the objective of the programme, AXA Mansard Health has entered into a partnership with Clafiya, to offer homecare services to its customers. 

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Building upon the success of the first cohort, this edition of the Innovation Exchange Programme seeks to leverage the years of experience, expertise, and capabilities that AXA Mansard has built to empower insurtechs around the country through their incubation, growth, and scale circle.

Commenting on the programme, Ngozi Ola-Israel, Chief Financial Officer at AXA Mansard, said the company is excited about the possibilities of this second cohort. She noted that the inaugural edition and the experiences from working to with the startups were profound; explaining that the outcome further convinced the company that initiatives like these are essential for the growth and sustainability of our industry. 

“To increase insurance penetration in Nigeria, there is so much work that needs to be done about evolving insurance offerings, simplifying the processes, and making it easily accessible anytime and everywhere. This requires not just technology, but a shared vision for building a resilient economy with insurance. From what we have seen with the first edition, the Innovation Exchange Programme can be a force in this evolution. That’s why we have commenced the second edition and have increased our level of commitment and investment in the programme”. Ngozi added.

On his part, Kunle Ahmed, Chief Executive Officer at AXA Mansard Insurance, emphasized the importance of digital transformation in accelerating growth of the insurance sector. He noted that the programme presents another opportunity to stimulate the kind of innovation that is necessary for this phase of the industry growth especially in the current economic dispensation. 

“Insurance plays a crucial role in any economy, and to fully harness the opportunities, it is essential to foster partnerships at different levels. Our goal is to use this programme as that platform where partnerships can thrive as we will partner with viable solutions from the programme. But beyond that, we also see the possibilities of members of the programmes partnering with one another to strengthen our sector”, Ahmed added.

Selected partners participating in the Innovation Exchange Programme will receive mentorship, guidance, and potentially a platform to launch their solutions. AXA Mansard Insurance eagerly anticipates a productive, mutually beneficial, and innovative relationship with the chosen participants.

AXA Mansard Insurance remains committed to driving the growth and development of the insurance industry through its Insurtech accelerator initiative. By fostering innovation and collaboration, the company aims to shape the future of insurance and ensure the availability of comprehensive insurance coverage for individuals and businesses across Nigeria.

About AXA Mansard

AXA Mansard is a member of AXA Group, a global leader in insurance and asset management. With a strong presence in Nigeria, AXA Mansard offers a wide range of insurance and financial services to individuals, businesses, and corporations. The company is committed to providing innovative solutions that meet the evolving needs of its customers while making a positive impact in the community.

With Over 3000 Users in Under Two Months, MyCoPilot’s Innovative Approach to Transportation Promises to Revolutionize Commutes, Long Distance Travels and Empower Millions of Nigerians. The Startup Has Also Attracted The Interest of Top Investors Including Tekedia Capital.

In a sweeping stride towards reshaping Nigeria’s road transportation ecosystem, MyCoPilot, the pioneering ride-sharing app, is propelling an evolution that promises to redefine the very essence of travel across the nation. Surging ahead with an impressive 3000+ users within a mere two months, MyCoPilot’s rapid ascent signifies a momentous shift towards an era of seamless, cost-efficient, and secure commutes and trips for all.

MyCoPilot isn’t just joining the ranks of ride-sharing apps; it’s leading a movement that seeks to reinvent the way Nigerians traverse the bustling streets and highways. With an innovative algorithm at its core, the app connects verified car owners with passengers heading in the same direction, effectively transforming routine commutes into opportunities for financial gain. This groundbreaking concept ensures users not only save money but also earn while they travel or commute, making every move a profitable venture.

Jeff Chizoba, the visionary founder of MyCoPilot, encapsulates the app’s mission, stating, “We’re not just changing transportation; we’re changing lives. The current economic struggle of Nigerians, especially within the transport sector has revealed that it doesn’t make economic sense to commute alone and now the MyCoPilot app provides a reliable means for Nigerians to move safer, comfortably, and make money on their way. As a sustainable innovation, it will grow to become a norm.”

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Addressing Fragmentation and Empowering Businesses

Nigeria’s diverse landscape is rife with security fragmentation and safety challenges that have plagued the transportation industry for years. People are struggling to reconcile the myriad transport options with none assuring safety, transparency, affordability and comfort at the same time. In most cases, one or two is sacrificed for others leading to the rise of transportion-vices across the country. MyCoPilot’s mission is to bridge this gap by connecting verified users with people going their way, thereby empowering Nigerians to make money, cut transport costs and move safer.

Lawrence, MyCoPilot’s Chief Technology Officer revealed more saying, “Our app’s smart algorithms optimize routes and pricing with optimum savings for CoPilots and Pilot – out aim is to make trips and commutes, enjoyable, hassle free and cost-lean”

Safety, Security, and Beyond

MyCoPilot sets a new standard for safety and security in the world of ride-sharing. Thorough verifications, including government-issued IDs and facial recognition, ensure that both passengers and car owners engage in a trustworthy and secure experience. Moreover, the app’s emergency button feature serves as a crucial lifeline, promptly connecting users to the right personnels in case of an emergency.

Emmanuel, MyCoPilot’s Marketing Director, shared insights into the startup’s funding position and the app’s innovative approach, saying, “MyCoPilot takes on the challenge of commuter safety for both driver and passenger, providing Nigerians with an effective solution to reliable yet profitable transportation.”

However, MyCoPilot’s impact extends beyond just a ride. By utilizing the app, users unlock opportunities for insurance coverage and scholarships for their loved ones, demonstrating a commitment to holistic empowerment that transcends the boundaries of travel.

Shaping the Future of Travel

The media buzz surrounding MyCoPilot is undeniable, with major outlets such as Bond FM, Jordan FM, WaZoBia FM, Nigeria Info FM, Tekedia, Nairaland, Nairametrics, BusinessDay, and Vangaurd acknowledging its transformative potential. MyCoPilot’s novel approach is rapidly capturing the imagination of those who seek a smarter, more economical, and secure way to navigate their daily journeys.

As the number of users continues to soar, MyCoPilot’s visionary approach is heralding a new chapter in Nigeria’s transportation narrative. Seamlessly blending user experience, financial rewards, and unwavering safety measures, MyCoPilot is poised to elevate road travel to unprecedented heights.

Looking Ahead: A Vision Realized

MyCoPilot’s meteoric rise signifies a promising future for transportation in Nigeria. As the app paves the way for upgraded, empowering road travel experiences, it becomes evident that the future of travel is indeed brighter with MyCoPilot leading the way.
The app is already easy enough to use and is available to everyone, and according to MyCoPilot’s CEO, Jeff, “The MyCoPilot app is going to receive upgrades that will give users more options and flexibility to commute and earn.” As MyCoPilot propels Nigeria’s road transportation towards a new horizon, it’s clear that the road ahead is one of progress, empowerment, and a more connected nation.

Seerbit, a Pan-African payment solutions provider, has unveiled Alpha, a white-label product that makes it easier for financial institutions, travel and hospitality companies, online marketplaces and other businesses to drive growth and expedite the penetration of digital payments in Africa by seamlessly launching their own digital financial technology solutions.

Despite the growing trend of digital commerce on the continent, only 5 to 7 percent of all payment transactions are made via electronic and digital channels. Most transactions are still happening offline which means the majority of consumers are burdened with the inefficiencies of cash-based transactions. This also means there is a significant amount of untapped value as consumers are unable to effectively access credit and other financial services because their cash-based transactions do not give financial institutions enough insight into their spending behaviours to provide the services they deserve.

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At the same time, across multiple industries, there are already countless businesses that regularly interface with consumers across the continent and have visibility into these spending behaviours but either have limited access to digital payment solutions or do not have the capacity to build what they need for themselves. Most end up transacting with cash because it is what they are used to or they settle for off-the-shelf digital payment solutions that only offer generic services.

SeerBit Alpha takes the hassle out of businesses having their own personalised fintech solutions to deliver the services customers want and need, powering them to not only drive growth but add value to their customers by providing easier access to game changing digital financial services. Businesses simply need to plug SeerBit Alpha into their existing platform and they will be enabled to seamlessly offer credit, operate their own payment gateway to facilitate reliable collection of payments from customers, launch digital banking services such as account opening, fund transfers and other banking services, as well as international money transfers, catering to the needs of customers that offer cross-border payment needs. Businesses can also leverage SeerBit Alpha to sell mobile phone credits and billing services, enabling their customers to purchase mobile phone credits directly through their platforms, expanding their service offerings and opening additional revenue streams. 

According to Omoniyi Kolade, CEO and Founder of Seerbit, “Our mission at SeerBit is to make it as easy as possible for businesses to leverage digital payments to drive growth and SeerBit Alpha is one of the products that helps us to achieve this. We are taking away the complexity of having to build your own solutions and giving businesses the opportunity to take advantage of our tried and tested innovation. By leveraging our cutting-edge technology, businesses can unlock new opportunities, drive growth, and establish themselves as leaders in the evolving fintech landscape.”

SeerBit is building a unified payment ecosystem that removes the complexity and fragmentation from the digital payment process in Africa, enabling businesses to seamlessly accept multiple payment methods and streamline online and offline transactions. The company has operations in 10 African countries with a wide range of solutions developed to drive the adoption of digital payments across the continent and enable better payment experiences that positively impact businesses’ bottom lines. Its partners include The British Council, United Bank for Africa, WiX and other prominent local and international companies.

About SeerBit

SeerBit is a Pan-African payment solutions provider that makes it easier for businesses and financial service providers to make and accept payments from their customers across Africa. Users have the advantage of enjoying flexible features to fit any business with a single integration. 

SeerBit is building a unified payment ecosystem that removes the complexity and fragmentation from the digital payment process in Africa,  enabling businesses to seamlessly accept multiple payment methods and streamline online and offline transactions.

The company has operations in 10  African countries with a wide range of solutions developed to drive the adoption of digital payments across the continent. Its partners include The British Council, United Bank for Africa and WiX. 

For more information, please visit: www.seerbit.com 

Amidst the digital revolution, cryptocurrencies are leading the innovation. With the rise in popularity of internet culture, meme-based cryptocurrencies have become a global phenomenon.

One such emerging contender that has garnered investor attention lately is Pomerdoge. It promises exponential returns, with near term growth of 4000%. On the other hand,  Dogecoin (DOGE) and Pepe coin (PEPE) are losing their former glory as investors seek new investment options.

Summary

• Dogecoin (DOGE) faces selling pressure as whale transactions catche the market’s eye.
• Pepe Coin (PEPE) is no longer an investor favorite despite being at its all-time high in May.
• Pomerdoge is making waves in the crypto industry as the latest meme coin that promises big gains at a low cost.

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

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Dumping by a whale leads to a decline for Dogecoin (DOGE)

Dogecoin (DOGE) is slowly losing its limelight and position as an investor favorite. The selling pressure around DogeCoin (DOGE) is high as an on-chain tracker flagged whale transactions. Moreover, in recent events that transpired, a whale made a huge transfer of coins from a personal wallet to a centralized exchange.

Notedly, a whopping 67,881,717 DOGE tokens were transferred, which amounted to over $5 million. Therefore, investors started to speculate that the intent behind the transfer is to sell, as it was made to Coinbase.

Due to the whale dumping their holdings, Dogecoin (DOGE) witnessed a price decline. However, on the daily chart Dogecoin(DOGE) is showing bullish sentiments with a rise of 0.28%. Nevertheless, the future seems bleak for Dogecoin (DOGE), as it trades at a current price of $0.07638.

Pepe coin (PEPE) showcases a downtrend

Despite having a rapid rise in its popularity due to its meme reference, Pepe coin (PEPE) is now losing its appeal. However, in the month of May, Pepe coin (PEPE) hit its all-time high at $0.0000043.

Nevertheless, since then, Pepe coin’s (PEPE) glory days have been put behind. Currently, Pepe coin (PEPE) is showcasing a significant drop in value. Additionally, in the past month, Pepe coin (PEPE) witnessed a drop of 10.8%. Moreover, during the past 24 hours, Pepe coin (PEPE) has further dropped by 0.2%, and is currently trading at $0.03674.

Pomerdoge (POMD): A rising star in the crypto space

The latest innovation that the world of cryptocurrencies has to offer is Pomerdoge. This P2E gaming ecosystem has gained significant traction from investors as they seek alternative investment options.

Its potential for exponential growth, which provides investors with a way to convert their $100 into millions, has led to its rise in popularity. Named after the popular Doge meme, Pomerdoge aims to dethrone other meme coin contenders, which include Dogecoin, Pepecoin, and Shiba Inu.

According to data, 22% of gamers spend 61-80% of their time in online multiplayer games. With Pomerdoge’s gaming ecosystem, users can now connect with players globally, merging networking and competition on a global scale. Using the in-game currency, POMD, users can buy NFTs, and get exciting rewards. Further, users can create custom items in the game by taking their character to an elite level.

As its first stage of presale is progressing, it is an ideal time for investors that are looking to make impressive gains. Moreover, Pomerdoge provides investors, who are taking part in the presale, with early entry advantages such as a revenue share in the game. Additionally, 7,777 NFTs are set to launch in August or September, access to which is exclusive to POMD holders. Thus, at its current price of $0.008, Pomerdoge should be on every investor’s list.

Find out more about the Pomerdoge (POMD) Presale Today

Website: https://pomerdoge.com/ 

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

Meta title: Dogecoin (DOGE) Suffers Millions in Liquidations, Binance FUD Spreads – Everlodge (ELDG) to Surge

Meta description: Dogecoin (DOGE) sees millions of dollars worth of liquidations. Everlodge (ELDG) is expected to surge by as much as 20% soon

Keywords: Dogecoin price, Dogecoin value 

In a recent turn of events, Dogecoin (DOGE) experienced a series of sudden liquidations, leaving traders and investors puzzled. This tumultuous situation comes in the wake of growing uncertainty surrounding Binance, one of the leading cryptocurrency exchanges. As the DOGE community grapples with market turbulence, another player, Everlodge (ELDG), emerges as a potential beacon of stability and innovation.

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

Dogecoin (DOGE): Liquidations Amidst Binance FUD

Dogecoin (DOGE), known for its viral popularity, has seen its fair share of ups and downs. However, recent events have stirred unease among DOGE traders. Most importantly, the spread of FUD following the announcement of Binance Connect’s closure contributed to millions of sudden liquidations across the Dogecoin market.

To clarify, Dogecoin reported long liquidations totaling more than $6.13M, a two-month high. As a result, the Dogecoin price also took a hit. In fact, the Dogecoin value has dropped by 6% in the past week alone. Dogecoin is trading hands at $0.07062 with a market cap of $9.9B, down 5.09% overnight. 

Moreover, all its technical indicators are showing strong sell signals. Therefore, market analysts remain bearish for Dogecoin’s short-term growth. As a matter of fact, they predict that if this trend continues, a drop to its support level of $0.060 is in store. 

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Everlodge (ELDG): A Glimpse of Stability and Potential

In times of market turbulence, projects that demonstrate resilience and promise, like Everlodge (ELDG), are sought-after. This upcoming property marketplace is stepping into the spotlight by addressing long-standing issues in the real estate market. As traders closely monitor Dogecoin’s trajectory, Everlodge is gaining attention for its potential to surge by 20% soon.

Making a Difference in Real Estate

With its innovative approach, Everlodge leverages NFTs to tokenize property ownership, making it accessible to a broader range of investors. This democratization of real estate investment offers a potential solution to the industry’s challenges for years.

For example, trust is a fundamental aspect of any real estate transaction, yet the industry has faced challenges maintaining transparency. Everlodge addresses this by storing all property-related information, titles, and ownership details on the smart contract’s metadata. 

Also, the high cost of properties is one of the biggest obstacles to entering the real estate industry. Everlodge solves this issue by digitizing and minting NFTs representing actual luxurious villas, hotels, and vacation homes. Afterward, these NFTs are fractionalized. In other words, buyers from all walks of life can become fractional owners of hotels for just $100. 

ELDG and Its Long-Term Growth Potential

While the cryptocurrency market is known for its volatility, Everlodge is positioning itself as a unique opportunity amidst the chaos. Currently, its native token ELDG is worth only $0.01 as it is in Stage 1 of its presale. However, they are selling fast, which brings Stage 2 closer and, along with it, a pump to $0.012. 

Furthermore, prominent analysts in the field predict a 30x rally for the token on its launch day thanks to its real-world ties to the global hospitality industry (valued at $4.548T in 2022). Register for the presale below if you want free nightly stays in various properties on the Everlodge ecosystem, staking rewards, and more. 

Find out more about the Everlodge (ELDG) Presale

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

Telegram: https://t.me/everlodge

Of the many promises of Artificial intelligence, the potential to augment the capabilities of doctors by  expanding their ability to provide more personalized and cost-effective care to patients, stands out most  and especially, for health care in resource-limited environments. 

For dermatology patients of African descent globally, this is the vision and promise of this tripartite  collaboration initiated by Uburu Health -a Nigerian health tech startup building the data infrastructure – https://uburu.ai for BigPharma and A.I R&D in Africa. 

As expressed by Christoph Sadee, a biomedical informatics expert at Stanford University’s Gevaert Lab, “AI for augmenting human capabilities has leaped forward in recent months with the emergence of  ChatGPT and similar foundational models. This technology has the potential to revolutionize medical  treatment in underserved communities and even in nations with insufficient access to healthcare. A  prevailing challenge, however, is that such models are trained on datasets unrepresentative of these  communities, which results in significantly poorer performance..” The collaboration amongst the 3  institutions would see the utilization of existing classified skin lesion datasets, 1st from UNTH and LUTH, in  validating and training an A.I model, and then scale collaboration with more institutions in Nigeria and  across Africa. 

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Prof Olivier Gevaert at Stanford’s Biomedical informatics center says, “..a collaborative study between  Stanford University and the Nigerian Institutions, to train a fair, unbiased foundational model, leveraging our  pre-existing partnership; aims to: first, assemble a diverse skin lesion image dataset; second, jointly train a  foundational model using Stanford’s and newly gathered data; and third, test this model within Nigeria and  African-American communities in the US..” 

The model will be deployed and clinical trial tested for real-life patients, under supervision by  dermatologists in Nigeria at the University of Nigeria Center for Excellence for Clinical Trials (UNNCECT). A  smartphone interface will be created to query a server hosting the model. Patients will then rate its  usefulness, while dermatologists evaluate its correctness and accuracy. The findings will be published  along with the collected data for future AI researchers. 

Prof Ifeoma J. Okoye, Director at UNNCECT and advisory board member at Uburu Health, reaffirms the  potential impact this collaboration would bring to Nigerian patients who would benefit from faster, cost effective and personalized dermatology care from their Doctors. Prof Okoye welcomes the collaboration  and urges for more research initiatives that drive value to African patients while addressing the global  paucity of African datasets in A.I R&D. Drs Nkiru Onodugo and Ayesha Akinkugbe, co-lead local experts and consultant dermatologists at UNTH  and LUTH respectively, expressed excitement at the potential impact. Considering the paucity of  dermatology specialists in Nigeria with a current ratio of ~1 dermatologist to 2.4Million Nigerian, a positive  outcome of this collaboration would augment existing dermatology service delivery via better informed  referrals and tele-dermatology. The latter, driving growth of Nigeria’s (and Africas) digital health ecosystem.

Building on the success of the CAMON 19 Mondrian edition, TECNO has once again introduced another artistic and innovative smartphone, the CAMON 20 Doodle Edition with Android. This time, the back cover comes alive with the mesmerizing Doodle art, as doodles dance in the shadows and leave a trail of whimsy and mystique wherever you go. It’s a unique design that is set to redefine how we perceive art on smartphones.

With the CAMON 20 Doodle Edition launch with Android, doodling becomes more than just a form of spontaneous expression; it becomes an immersive experience that intertwines art and technology. The back cover adorned with glowing Doodle art in dimly lit places will mesmerize and captivate, sparking conversations and turning heads. Each stroke of the Doodle is imbued with creativity and innovation, making the CAMON 20 Doodle Edition not just a device but a canvas of endless possibilities.

But the magic doesn’t end there. Beyond its artistic prowess, the TECNO CAMON 20 Doodle Edition offers a smooth and powerful user experience. Powered by by Google’s Android 13, the TECNO CAMON 20 Doodle Edition boasts a 5000mAh long-lasting battery, providing all-day power, and a 33W fast charger feature to replenish its energy quickly. It’s a device that is ready to keep up with your creativity and inspiration throughout the day.

Marketing Manager TECNO, Thompson Ani, stated, “The CAMON 20 Doodle Edition isn’t just a phone; it’s a platform for personal expression. It embodies our commitment to innovation and creativity, bridging the gap between art and technology in a truly unique way.” 

Under the hood, the CAMON 20 Doodle Edition is equipped with impressive performance and efficiency to keep up with your dynamic lifestyle. It ensures a seamless user experience, making it a reliable companion for daily adventures. Photography enthusiasts will be delighted by the classic camera with an anti-shake feature, ensuring your every shot is crisp and steady. Even in challenging lighting conditions, the low-light camera feature delivers stunning images worthy of an artist’s eye.

Remember, you don’t need to break the bank to join this amazing adventure, as with a 30% down payment, you get to own the CAMON 20 Doodle Edition or any of the other CAMON 20 Series. All you need to do is walk into any TECNO official store and buy the device with EasyBuy at 0% interest. Don’t slack, start buying and start doodling.
Be on the watch as TECNO takes us on a journey where art comes alive with the CAMON 20 Doodle Edition. Follow TECNO on Facebook, Instagram and Twitter for the latest updates and be prepared to embark on an extraordinary adventure of art and technology like never before!

Access Bank, one of Africa’s leading financial institutions, has announced the launch of its custody services, offering safekeeping and servicing of financial assets to its esteemed customers. The expansion into custody services comes after obtaining regulatory approvals from the Securities and Exchange Commission (SEC) and the Central Bank of Nigeria (CBN) in December 2022.

Custody services is a crucial component of Access Bank’s continued growth and expansion strategy, and it aligns with the bank’s vision to become the gateway bank into African markets. With the establishment of Access Investor Services Nominee Limited, a nominee company, customers’ assets will be held separately from the Bank’s proprietary assets, ensuring the utmost security and protection.

Commenting on the development, the Managing Director and CEO of Access Bank, Ogbonna Roosevelt, stated, “The launch of custody services represents a milestone in our mission to consolidate our strong franchise in corporate and investment banking. We are committed to providing Alpha-suite services to our corporate customers, including financial institutions – both bank and non-bank, local, and foreign. As we expand our clientele in this space, we aim to be the preferred partner for businesses looking to access international markets through strategic partnerships.”

Access Investor Services is now open for business and has already commenced onboarding customers. The Head of Access Investor Services (AIS), Bunmi Arowosafe, expressed excitement about the prospects, saying, “Our customers will benefit from the natural drive that defines the Access brand – leadership, passion for customers, excellence, innovation, and professionalism. We have implemented a comprehensive and robust custody and settlement application that ensures a high level of straight-through processing (STP). Customers can expect a secure communication channel and all-around access to view holdings and track instructions. Moreover, our enhanced IT capability within the Access ecosystem will further augment our custody services.”

The comprehensive custody services offered by Access Investor Services encompass securities processing, trade settlement, treasury and liquidity management, and multi-market services through subsidiaries and established partnerships. This expansion marks yet another step towards fulfilling Access Bank’s mission to provide exceptional financial solutions and unparalleled access to markets for both domestic and foreign customers.

About Access Bank:

Access Bank is one of Nigeria’s foremost financial institutions, known for its commitment to delivering innovative and customer-centric financial services. With a strong presence in Africa, Asia, and Europe, Access Bank continues to drive growth, expansion, and strategic partnerships that benefit its customers and stakeholders alike.

For more information or media inquiries, please contact: contact:ais@accessbankplc.com.

Paris, France — August 16, 2023

The Spotlight Nigeria Business and Investment Summit, Europe’s foremost event on investing in Nigeria organized by Friends of Nigeria, is set to hold in  Paris on the 2nd of October with the theme “Translating Opportunities to Business Deals”. 

The annual summit brings together stakeholders from the public and private sectors in Nigeria, France, and the European business community, and showcases opportunities for investment in Nigeria’s thriving economy. The event provides a formidable platform for industry leaders, potential clients, partners, and decision-makers to discuss business and project opportunities, access potential strategic partners, and secure concrete business deals.  

With a proven track record of success, companies that have participated in previous editions of the summit have collectively been associated with over 1 billion euros in transactions linked to Nigeria. The summit’s history is rich with stories of collaboration and innovation, solidifying its reputation as a nexus for business deals and partnerships for economic advancement. 

On its 6th edition this year, the summit will place a special emphasis on Nigeria’s burgeoning tech and digital industry. In a strategic partnership with BPI France (The French Public Investment Bank), Friends of Nigeria will combine efforts with Bpifrance on BIG (Bpifrance Inno Generation) – Europe’s largest gathering for entrepreneurs, to merge innovation and investment, and highlight the immense potential within Nigeria’s tech ecosystem.

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This collaboration presents a unique advantage for participating Nigerian tech and digital companies, as they gain access to not one, but two influential event platforms in the same week that aims to stimulate investment, foster partnerships, and facilitate knowledge exchange between Nigerian tech pioneers and European investors.

With a limited number of slots available, we are dedicated to offering maximum visibility for every participating tech-oriented company from Nigeria. This tailored approach ensures that each company has the opportunity to capture the attention of European investors who are attending both the BIG and Spotlight Nigeria summits. 

Additional highlights of the events include field trips to prominent business networks and sites, priority B2B meetings, and extensive networking opportunities with investors, entrepreneurs, innovators, etc. 

For companies looking to seize investment opportunities, accelerate growth, and establish transformative partnerships, these are the events to attend. 

Register here: https://spotlightnigeria-france.com/registration/ 

For inquiries, please contact: 

contact@friendsofnigeria.net  

Website: www.spotlightnigeria-france.com/ 

Download the summits brochure here 

Download 5_year report here 

Follow Us:

Connect with us on social media to stay updated on the latest news and updates: Instagram: @Friendsofnigeria LinkedIn: @FriendsofNigeria Twitter: FON_EUROPE

The esteemed Africa Startup Ecosystem Builders Summit and Awards (ASEB) announces that its 2nd annual summit is set to unfold from December 6-8, 2023, in Nairobi, Kenya. 

Given the rising enthusiasm and momentum in the African entrepreneurial community, the nomination deadline has been graciously extended to September 15, 2023. This extension serves as a unique chance for more ecosystem architects to either nominate themselves or their peers, celebrating the indelible marks they leave on Africa’s dynamic entrepreneurial terrain. Notably, participants can be nominated across multiple categories with a staggering 30 categories available.

Initiated in 2021 by visionary McKevin Ayaba, the CEO of Setup A Startup, the inaugural ASEB summit held in Johannesburg last year assembled over 150 attendees from 36 diverse African nations. The event culminated in the presentation of 88 awards spread across 22 categories, all in a bid to honour the often-under-celebrated champions of the ecosystem – the builders.

“To truly harness Africa’s untapped potential, we must recognize and celebrate the architects of our ecosystem – the unsung heroes, the builders. As we extend our hand for nominations, it is a testament to our belief that every contribution, no matter how small, is a significant stride towards Africa’s entrepreneurial renaissance. In unity and collaboration, we’ll write Africa’s next great chapter in innovation and economic growth.” – McKevin Ayaba, Founder of ASEB & CEO of Setup A Startup.

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At the core of ASEB’s mission lies the conviction that constructing a resilient and thriving startup ecosystem is the result of a unified endeavour. This conviction aligns seamlessly with the theme of ASEB 2023: 

“DISCOVER; Advancing Ecosystem Building: A New Approach to Africa’s Economic Development”.

Reinforcing the spirit of collaboration, the upcoming ASEB 2023 summit proudly announces its co-hosting partnership with The Association of Startup and SMEs Enablers of Kenya (ASSEK). The event’s expansive vision is further enriched with the backing of esteemed entities such as HYBR Group, Jomo Kenyatta University of Technology and Agriculture, and AfriEDX of Mauritius.

“As the African continent teeters on the brink of a significant digital shift, the urgency for a robust and integrated Startup ecosystem has never been more palpable. As a national network of Entrepreneur Support Organizations that work with Startups and SMEs build scalable and impactful businesses, ASSEK is glad to be the country partner for this monumental event. The ASEB Summit will be a critical event that will be converging African innovation ecosystems into one critical event to strengthen and forge new existing collaborations and partnerships, create seamless pathways for knowledge and trade exchange and most importantly giving a platform to celebrate ecosystem builders who tirelessly work to build sustainable business for socio-economic impact. Truly, we shall be fulfilling it mantra – “Building A Vibrant Startup Ecosystem, one step at a time, together”. – Mercy Kimalat, CEO – Association of Startup and SME Enablers of Kenya (ASSEK)

Beyond enriching discussions, workshops, and solution-driven sessions for startups, ASEB accentuates awards that recognize the relentless efforts of ecosystem builders who mentor, network, and empower startups with necessary resources and support.

With forecasts predicting the digital economy contributing an astounding $300 billion to Africa’s GDP by 2025, the indispensable role of ecosystem builders becomes paramount. ASEB not only highlights this pivotal role but also advocates for the collective efforts crucial to actualizing Africa’s immense startup promise.

The Summit is designed around seven core pillars, encapsulating trust, collaboration, shared objectives, and a unified language for ecosystem cultivation. The goal is to uplift both the national and global startup landscapes through synergized local and overarching strategies.

For a deeper dive into the ASEB Summit, its vision, or to forward your nomination, kindly navigate to www.asebsummit.com.

Patricia Technologies Limited has received a significant investment from Oluwaseun Dania, the Chief Executive Officer of Tradefada, one of Nigeria’s foremost crypto exchanges. This investment is a pointer to the vote of confidence investors have in PATRICIA’s steadfast vision and resolve to pioneer the financial evolution in Africa.

Recognized as one of the top crypto exchanges in Africa, PATRICIA is solidifying its leading role in Africa’s ever-evolving crypto landscape through powerful collaborations, partnerships, and investments from allies worldwide.

Oluwaseun Dania is a renowned serial investor, passionate about supporting innovative ventures across various industries. He encourages individuals and industry peers to join him in championing the resurgence of Patricia Technologies as the company continues to represent Africa in the global crypto landscape.

In a recent post online, Mr Oluwaseun said, “My investment is not merely a financial move; it’s a resounding vote of confidence in the team led by Hanu Fejiro Agbodje that has consistently showcased brilliance and innovation and has positively represented Nigeria and Africa on the global stage”.

“The resurgence of PATRICIA will further strengthen our industry and deepen the trust of our users. It is a win for us all”, he concluded.

Commenting on Mr. Dania’s note-worthy investment in Patricia, Hanu Fejiro, the Founder and Chief Executive, emphasized his commitment to ensuring the enduring legacy of the business while highlighting the immense opportunities that lie ahead.

“This investment from Mr. Oluwaseun Dania promises to drive Patricia Technologies further to push boundaries and solidify its position as a leading force in Africa’s ever-evolving crypto landscape”, he echoed.

With unrelenting support from investors and customers alike, Patricia is driving the African crypto landscape forward. Join us on this journey today and be part of the moving train.

Patricia is an alternative payment solutions company harnessing the intrinsic power of Blockchain technology to facilitate the easy use of cryptocurrencies for everyday transactions. With a strong commitment to the crypto industry, we have consistently delivered innovative solutions that cater to our customer’s needs and exceed their expectations.

In the rapidly evolving landscape of education, Wiizzkid is emerging as a transformative force, harnessing the power of technology to revolutionize the way we learn. With a focus on gamified learning, the introduction of the Stone Token, and an upcoming presale, Wiizzkid is reshaping education and paving the way for a more engaging and immersive learning experience. Let’s go into the world of Wiizzkid and explore how it is redefining education for the digital age. Join in on our presale today

Introducing the Stone Token: Fueling the Wiizzkid Eduverse

As part of its commitment to innovation, Wiizzkid has introduced the Stone Token, which serves as the backbone of the Wiizzkid Eduverse. The Stone Token plays a pivotal role in the ecosystem, serving as in-game currency, powering L2E (Learn-to-Earn) gameplay, and enabling the acquisition of NFTs (Non-Fungible Tokens). With the Stone Token, students can unlock additional features, access exclusive content, and participate in the immersive world of Wiizzkid. Buy your Stone Token here: https://www.wiizzkid-ico.com/

Gamified Learning: Making Education Fun and Interactive

At the core of Wiizzkid’s approach lies the concept of gamified learning. By blending education with entertainment, Wiizzkid creates a dynamic and engaging learning environment. Students can now embark on a learning adventure through game quizzes, where they can explore various subjects such as Science, Math, Geography, General Knowledge and other subject areas. These interactive quizzes not only test knowledge but also provide an enjoyable experience, motivating students to actively participate and further their understanding.

The Future of Education: A Hybrid Learning Experience

Wiizzkid’s vision extends beyond gamified learning and the Stone Token. The ultimate goal is to create a hybrid learning experience that seamlessly integrates the virtual world with the physical classroom. Through partnerships with leading augmented reality (AR) and metaverse technology companies, Wiizzkid aims to transport students into a world where learning knows no boundaries. This innovative approach bridges the gap between traditional and immersive learning, providing students with a holistic and well-rounded educational experience.

Presale: Acquiring the Stone Token

Exciting news awaits as Wiizzkid prepares for its Stone Token presale. This presale offers an exclusive opportunity for individuals to acquire the Stone Token directly using ETH. With the presale launch, individuals can be part of the groundbreaking Wiizzkid Eduverse, fueling their educational journey with the power of blockchain technology. Buy your Stone Token today: https://www.wiizzkid-ico.com/

Wiizzkid Quiz Tournament: Showcase Your Skills and Win Big!

But the excitement doesn’t end there! Wiizzkid is hosting an epic Quiz Tournament for 20 to 50 players who would be split into groups, competing in thrilling quiz sessions. These quizzes   consist of various  subject areas and  modes. Players would get a chance to play exciting quizzes ranging from Food and Drinks, Sports and Leisure, Geography, Arts & Literature, Science and a lot more. The top-winning players from each group will advance to the final round, where they will face off for the ultimate victory. At the end of the tournament, the top 5 winners will be rewarded with fantastic prizes, making it an unmissable event for everyone! This Quiz Tournament is open for all to join. 

To register for the tournament, kindly sign up here.

Also, follow our social media handles to get firsthand information about latest updates.

Email: wiizzkids@gmail.com

Twitter: https://twitter.com/0xlivingstone 

Discord: http://discord.gg/Reapsyrx

LinkedIn: https://www.linkedin.com/company/wiizzkid/

Telegram Channel: https://t.me/thewiizzkids

Reddit: https://www.reddit.com/u/The-Wiizzkids/ 

Wiizzkid is transforming education as we know it, leveraging the power of gamified learning, blockchain technology, and the Stone Token. By combining the excitement of game quizzes, the utility of the Stone Token, and the adrenaline of the Game Tournament, Wiizzkid is paving the way for a new era of education. Get on the Wiizzkid train today and enjoy a world of possibilities in education. Check out our website to learn more: http://www.wiizzkid.com

In Africa, the agricultural sector relies heavily on smallholder farmers, who constitute 80 percent of the world’s poor according to the latest World Bank report. These farmers often cultivate low-yield staple crops on small plots, with limited access to resources and inputs. As a result, their productivity remains disappointingly low, adversely affecting the continent’s overall agricultural output and food security. 

Addressing this challenge requires a functional extension system, yet the current reality falls short with only one extension agent available for every 10,000 farmers. This severely hampers rural farmers’ access to vital information, technologies, and services that could significantly boost their productivity and income.

In the face of this worrisome gap, Extension Africa emerges as a game-changer, harnessing the power of technology to revolutionize agricultural extension service delivery across Africa. Co-founded by Abdulsamad Isah and Tajudeen Yahaya, the startup seeks to transform the lives of rural farmers while empowering the youth to play a pivotal role in agricultural development.

The journey of Extension Africa began during the founders’ university days in 2010 when they discovered their shared passion for impact-driven solutions to reshape the agricultural landscape. After gaining valuable experience in various development institutions, the duo realized the need for scalable and sustainable solutions that could bridge the extension gap effectively.

Driven by their vision, Abdulsamad and Tajudeen took a bold step, resigning from their respective jobs in 2019 to create a private-led, impact-focused solution for rural farmers. Their comprehensive agricultural background and deep empathy for farming communities laid a solid foundation for Extension Africa’s mission.

Extension Africa operates as a registered company in Nigeria. Since its establishment in 2021, the company is strengthening private extension service delivery throughout Africa, targeting a $20bn market opportunity. Central to their approach is the transformation of youth into skilled extension agents, referred to as “Farmer Business Advisors,” who provide one-stop-shop services to smallholder farmers.

The company’s groundbreaking platform, FarmEX, is a game-changer in the agricultural sector. With its ability to facilitate transparent input and commodity supply investments through field agents, it revolutionizes how farmers and agents conduct their operations. By streamlining farm sales processes and record-keeping systems, FarmEX empowers agents to work seamlessly with farmers, ensuring smooth transactions and optimal efficiency.

FarmEX’s impact is transformative, empowering farmers and agents in rural communities. This innovative platform boosts crop productivity, shortens input supply chains, and increases mechanization adoption. With over 363,000 farmers and 2,462 extension agents in 12 Nigerian states, Extension Africa is revolutionizing African agriculture, driving growth, and fostering prosperity

Through this cutting-edge technology, Extension Africa is creating a transformative impact on agricultural extension services. Farmers now have direct access to global resources, tailored to their specific needs, enhancing their productivity and overall output. Meanwhile, agents can navigate their roles with ease, providing top-notch services and securing a stable income through convenient e-wallet accounts. Notably, they secured the first runner-up position in the prestigious Nigeria Sovereign Investment Authority Prize for Innovate Award, triumphing over 2,000 competing applications and earning prize money of $70,000.00

Their partnerships with reputable institutions, including Alliance for Green Revolution in Africa (AGRA), Feed the Future Rural Resilience Activity, FCDO LINKS project, USAID Extension Activity, and IITA Youth Project have resulted in numerous projects valued at over $600,000.00. These projects focus on driving agricultural innovation and development across the continent.

Extension Africa’s network of rural agents plays a pivotal role in enhancing visibility and transparency for agribusinesses and service providers. As credible consultants to financial institutions, they have monitored loans and input credit worth over N20 billion provided to rural farmers, facilitating access to vital financial resources for agricultural development. They support input companies by providing a robust extension and marketing system, thus boosting sales of quality produce to farmers. By connecting farmers with premium agro-processors, they enable the supply of high-quality farm produce to global markets, fostering sustainable growth and profitability for agricultural stakeholders.

To maintain service quality, the startup places significant emphasis on training their Farmer Business Advisors to ensure high-quality services that boost farmers’ productivity, income, and market margins while reducing post-harvest losses. By transforming extension agents into micro-SMEs, Extension Africa aims to develop a sustainable agribusiness extension system that could have a transformative impact on the entire agricultural industry in Africa.

With 60% of the management team comprised of agriculture graduates with decades of experience in local and international development institutions, Extension Africa is well-equipped to tackle the pressing challenges faced by rural farmers. Their unwavering belief in their vision for Africa’s agriculture drives them forward, empowering farmers through innovative solutions and modern practices for sustainable growth and prosperity.

The company envisions a future where access to rural farmers in Africa has no boundaries. By 2027, Extension Africa aims to make FarmEX the preferred extension marketplace, with 100,000 field agents providing full-time services to 20 million farmers in 11 African countries. This ambitious goal will create 100,000 direct jobs and over 2 million indirect jobs in the agricultural sector, fostering connections between major global brands and rural farmers in Africa.

In the face of a daunting extension gap, Extension Africa serves as a beacon of hope, paving the way for positive change and driving agricultural development in Africa through the power of technology and human ingenuity. As they continue to bridge the gap and empower smallholder farmers, Extension Africa stands as a testament to the immense potential that lies in transformative agricultural solutions on the African continent.

Traction, a pioneering force in Nigeria’s fintech space hosted a collaborative symposium under the banner “Embedded Payments as a Strategic Lever for Tech Businesses in Nigeria: How to Navigate and Execute the Opportunity” This high-impact event united luminaries from various sectors, innovators, and industry leaders for a profound exploration into the realm of embedded payments and its profound potential within Nigeria’s burgeoning technology ecosystem. 

The Embedded Payments Forum not only served as a pivotal gathering point but also emerged as a conduit for participants to cultivate profound insights into the transformative capacities of embedded payments. “During the cash crunch period, small to medium sized businesses learnt the importance of embedding payments into their businesses. Even the hawker on the street had to find alternatives to receiving payments’ ‘Mayowa Alli, Co founder of Traction apps reiterated. 

The overarching objective was to arm tech entrepreneurs and enterprises with a comprehensive toolkit of knowledge and strategic insights, enabling them to seamlessly harness the power of embedded payments to enrich their product and service offerings. 

Among the distinguished luminaries gracing this event were Mayowa Alli, Mayowa Kuyoro, Partner, McKinsey and Co and Zainab Arilesere, Head – Products, Customer experience at Omnibiz – each a notable stalwart within their domains. The session was moderated by Damilola Teidi, Head – Platforms and Networks, Ventures Platform Fund. Leveraging their years of domain-specific acumen, these esteemed panelists orchestrated an immersive discourse that tackled the nuances of embedded payments, simultaneously unpacking the challenges and opportunities that converge around this revolutionary approach. “We live in a global world. We keep having democratization of access to data. Customers’ expectations are increasingly tilting towards embedded payments. People would rather purchase expensive things because the customer journey to pay is simpler. Focus on the customer and delight the customer” Mayowa Kuyoro opined. 

In their roles as panelists, Mayowa Kuyoro, Mayowa Alli, Damilola Teidi, and Zainab Arilesere extended a visionary projection of embedded payments’ profound influence on Nigeria’s tech landscape. As they interwove their insights, the discourse unveiled the vital import of calibrating strategies in alignment with consumer preferences, local market dynamics, and the complex regulatory tapestry. The resounding message echoed through each narrative – a comprehensive grasp of these factors is pivotal to efficiently orchestrate the integration of embedded payments solutions.

About Traction 

Traction is a Nigerian-based merchant solution platform that provides a one-stop solution for businesses to streamline operations, process payments efficiently, and achieve sustainable growth. With a customer-focused approach, Traction empowers businesses across Africa to thrive in today’s dynamic business landscape. For more information, visit www.tractionapps.co.

Meta title: Top Altcoins: Stellar, Vechain, Everlodge

Meta description: The best altcoins to buy in the current market – Stellar, VeChain, and Everlodge.

Stellar keywords: Stellar price, Stellar crypto

VeChain keywords: VeChain price, VeChain news

Altcoins like Stellar (XLM), VeChain (VET), and Everlodge (ELDG) are gaining momentum, prompting many to wonder if the long-awaited alt season has finally arrived. This article will explore why these three promising altcoins show strong potential for tremendous growth. 

Summary

• Stellar jumps by 39.1% over the past month alone 
• VeChain continues showing green charts
• Everlodge to become a dominant force in the real estate market

Find Out How To Buy Everlodge (ELDG)

Stellar (XLM) – The Ripple Killer 

Stellar (XLM), often called the “Ripple Killer,” is an open-source blockchain network that facilitates low-cost cross-border transactions. Backed by a strong team, Stellar is becoming a preferred choice for businesses seeking to streamline their payment processes. In fact, the Stellar price jumped by 39.1% in the past month alone. 

Recently, a U.S. judge ruled that selling XRP tokens on exchanges did not constitute an investment contract. Thus, per a CCData study, the AUM for investment funds connected to Stellar increased in July. Consequently, the Stellar crypto interest rose. One Stellar token costs $0.1478 with a market cap of $4B, up 0.12% overnight. 

Additionally, its technical indicators and moving averages both display buy signs. Due to all these reasons, experts are bullish about Stellar, predicting a $0.19 price for it by December 2023.

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VeChain (VET) – Transforming the Supply Chain Management Sector

VeChain (VET) is revolutionizing supply chain management by using blockchain technology to ensure product transparency, traceability, and authenticity. As major enterprises seek efficient ways to track their supply chains, VeChain’s adoption has grown significantly. 

In recent VeChain news, VORJ was revealed. To clarify, this no-code platform allows users to integrate the VeChainTHOR blockchain into any tech stack. Therefore, the VeChain price increased by 1% over the past seven days. 

VeChain has a value of $0.01865 with a market cap of $1.3B, jumping 0.81% in the last 24 hours. The platform’s real-world use cases and partnerships with industry giants have made it a solid contender for altcoin investment. Thus, market analysts forecast that VeChain could jump to $0.024 by the end of 2023. 

Everlodge (ELDG) – Disrupting the Real Estate Market 

Everlodge (ELDG), a rising star in the blockchain space, is changing the game in the real estate industry. By digitizing and minting luxury properties into NFTs, Everlodge allows partial ownership, making real estate accessible to the everyday people. Moreover, these NFTs are fractionalized, allowing users to own a piece of a property for as little as $100. 

All the critical information related to property ownership, titles, and deeds is stored securely within the metadata of smart contracts. These smart contracts ensure transparency, immutability, and automated execution of transactions. Additionally, they facilitate dividend distribution to token holders based on their fractional ownership.

Another key point is the lending component of the Everlodge ecosystem. By utilizing their property-backed NFTs as collateral, users can access short to medium-term loans. This feature provides an avenue for co-owners to leverage the value of their investments without the need for traditional lenders.

Holding the ELDG native token is vital for discounts, staking rewards, and more. The price of ELDG is only $0.01, as it is in phase one of its presale. But, the price is expected to increase at each stage until launch. The cost is projected to rise by 280% during the presale stage. If you wish to capitalize on this growth, follow the links below. 

Find out more about the Everlodge (ELDG) Presale

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

Telegram: https://t.me/everlodge

roHealth, the employee health benefits platform, has announced today that it is rebranding to become Motherboard, a comprehensive employee benefits platform for Africa.

After 2 years of operations, roHealth is expanding its horizons to include more employee benefits beyond health insurance. With this expansion comes a new name, new look, and a new product to better represent the company’s new direction. 

The decision to expand stems from roHealth’s commitment to cater to the evolving needs of Africa’s dynamic workforce. With a drastic rise in cost of living across Africa, Motherboard comes as a timely solution, addressing a crucial need in today’s market.

Lekan Olude, Motherboard’s CEO and ex-co-founder of Jobberman, expressed his excitement for the company’s future:

“We have seen first-hand the effects roHealth has had on employee health benefits for our users. Employers who use roHealth have shared stories of how it reduces costs for them while providing a better experience for employees. And now, they are asking questions about how they can replicate this effect outside healthcare. 

These are the questions that we built Motherboard as the answer to. We had the expertise of solving this problem for health benefits – we just had to transfer that expertise to a wider range of benefits.”

Motherboard is set to be the #1 employee benefits platform for any company with African employees. With benefits across health insurance, food & groceries, transportation, and many more, Motherboard wants to enhance benefits access for employees and reduce employee retention costs for employers.

Motherboard boasts over 100 merchants on its platform (including players like Shoprite, Ebeano, FIlmhouse Cinemas, and 15+ HMOs), allowing employees to tailor their benefits to suit their unique needs within their employer’s assigned budget. 

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About Motherboard

Motherboard, formerly known as roHealth, is a comprehensive employee benefit management platform that empowers employers and employees across Africa. With a focus on enhancing benefits access and disbursement at lower costs, Motherboard is committed to revolutionizing the way employee benefits are managed and experienced.

You can read more about the rebrand or check out Motherboard’s website for more information.