In the ever-evolving world of technology entrepreneurship, there are individuals who stand out for their exceptional vision, determination, and impact. Babatunde Elijah Kelani, popularly known as Tunde Elijah Kelani, is one such figure who has not only made a name for himself but has also left an indelible mark on the financial technology (fintech) landscape.
Born and raised in the slums of Lagos, Tunde’s journey to success was not an easy one. Growing up in a disconnected community, he learned early on the power of resilience and the importance of leveraging technology to bridge the gap in underserved areas. This early exposure to adversity fueled his determination to create innovative solutions that could transform lives.
After completing his education at the Polytechnic in 2012, Tunde embarked on a career path that would lead him to become a seasoned entrepreneur and growth expert. His first step was as an Associate Consultant for Remoik Consulting, where he honed his skills in the technology and consulting sectors. Tunde’s passion for technology’s potential to drive entrepreneurship and innovation led him to realise that Nigeria’s development required the infusion of technology into various sectors.
In 2017, Tunde joined crowdForce, a US-based startup, as the Business Development Lead. Little did he know that this experience would shape his trajectory in the fintech industry. Demonstrating his exceptional capabilities, Tunde rose through the ranks to become the Product Growth Manager in 2019. It was during his tenure at crowdforce that he played a pivotal role in developing and implementing several tech products and programs, including executing the Tradermoni project on behalf of crowdforce. In just one year, GEEP granted over 2 million loans worth $50 million, making it the largest lending scheme in Africa.
In his role as the first Product Growth Manager, Tunde played a pivotal role in the development of Payforce, an innovative agency banking solution aimed at serving underserved and excluded markets. The success of Payforce eventually led to its acquisition by Fairmoney. Tunde demonstrated exceptional leadership by forging strategic partnerships, with one notable example being the collaboration with the Independent Petroleum Marketers of Nigeria (IPMAN). This partnership resulted in the establishment of cash points throughout Nigeria, empowering Payforce to facilitate daily transactions exceeding $2 million. These achievements underscore Tunde’s proficiency in leveraging technology and collaborative ventures to foster financial inclusion and drive sustainable economic growth.
Continuing his journey of impact, Tunde joined OkHi Limited in 2021 as the Country Business Lead. OkHi, a UK-based company, focuses on identity and smart address verification in emerging countries. Through his leadership and strategic iterations, Tunde successfully aligned OkHi’s product with the Nigerian and Kenyan markets. Under his guidance, OkHi signed agreements with about three banks and about ten top fintech companies to enable smart addressing systems on their digital channels, with a customer base exceeding 20 million in total.
In 2022, Tunde took on a new challenge as the Vice President of Growth at Crust Africa. At Crust Africa, our primary goal is to establish inclusive digital payment solutions that cater to all stakeholders in the Agriculture value chain. Our vision encompasses a world where farmers, commodity traders, food processors, exporters, and all other participants in the agricultural industry can seamlessly interact within a tailored financial ecosystem designed to address their specific needs. As the Vice President of Growth, I have successfully spearheaded customer acquisition efforts and bolstered profitability. Our ultimate objective is to empower farmers by providing them with accessible financial services and fostering sustainable growth within their communities. This year, we have ambitious plans to expand our operations across Africa, thereby enhancing financial inclusion and making a positive impact on the lives of millions of people.
While building his career, Tunde recognized a crucial gap in the fintech space – the need for data aggregation. In response, he co-founded Hadada in 2021. Hadada is a platform that powers the Open Banking initiative in Africa, aggregating financial data into a single platform. This innovation enables financial institutions to make informed credit decisions, ultimately benefiting individuals and businesses seeking financial services. Tunde’s leadership has driven successful partnerships with traditional banking institutions and fintech companies, granting them access to aggregated financial data.
With his wealth of experience and expertise, Tunde has become a role model for aspiring entrepreneurs. Despite facing numerous challenges throughout his journey, he persevered and built resilience, ultimately founding his own financial technology company. His story is a testament to the transformative power of technology entrepreneurship and the impact it can have on individuals, communities, and nations.
Through his journey from humble beginnings to revolutionising the fintech landscape, Tunde Elijah Kelani has emerged as an inspirational figure, demonstrating the transformative potential of tech sales in the different organisations he has worked with. As he continues to make strides in the financial technology space, we can only anticipate the positive impact he will create in empowering individuals, fostering economic growth, and shaping the future of technology-driven entrepreneurship.
Akan Imoh
A dynamic Personal Branding Consultant and avid writer, inspiring individuals in Africa to take charge of their lives and make a significant impact. His thought-provoking insights empower readers to embrace their uniqueness and become catalysts for positive change.
In the enchanting world of technology, where imagination met innovation, TECNO CAMON 20 Doodle Edition is taking centre stage. At the core of this technological marvel lies a hidden secret—a celestial back cover adorned with ethereal Doodle art in partnership with Mr. Doodle. Let’s delve into the wonders of this extraordinary device as we eagerly await its grand unveiling.
Doodle Art in the Dark:
Prepare to be enchanted by the CAMON 20 Doodle Edition’s back cover, which showcases stunning Doodle art that glows in the dark. Picture yourself in dimly lit places, and watch as the intricate designs come to life, adding an element of wonder to your smartphone experience. With this unique feature, your CAMON 20 will become a conversation starter wherever you go!
Classic Camera with Anti-Shake and Low-Light Magic:
The CAMON 20 Doodle edition returns with a classic camera that captures moments with unparalleled clarity and precision. Say goodbye to blurry and shaky videos with the video recording anti-shake feature, ensuring every frame is steady and focused. Even in challenging lighting conditions, the low-light camera feature steps up to the plate, delivering impressive results that will leave you in awe.
A Visual Delight with Blazing-Fast Performance!
The TECNO CAMON 20 Doodle Edition truly typifies design meets technology. Its sleek and modern aesthetics exude elegance, while the 6.9-inch AMOLED display offers a visual delight with a smooth 120Hz refresh rate for media, gaming, and browsing enthusiasts. Powered by MediaTek Dimensity 8050 SoC, the CAMON 20 Doodle Edition delivers blazing-fast performance supported by up to 16GB of RAM and 256/512GB storage. Experience the fusion of design and power in this captivating device, a work of art that goes beyond expectations, perfect for your modern lifestyle.
All-Day Power and Fast Charging:
Worried about battery life? With the CAMON 20’s massive 5000mAh battery, you can conquer your day with ease, even with heavy usage. And when it’s time to recharge, the 45W fast charging ensures you’ll be back to full power in no time, keeping you connected and on the go.
The TECNO CAMON 20 Doodle edition is set to redefine the way you experience art and technology. So, get ready to embark on a journey that fuses creativity and innovation in a device that’s designed to impress. Be on the lookout for its official release and be prepared to indulge your senses with the ultimate lifestyle companion!
Delivery-as-a-Service (DaaS) is changing how things are delivered in Africa, making it easier and more efficient. It simplifies the whole process and gives businesses and users a smooth experience.
Kwik Pik is a newly launched DaaS platform in Nigeria, targeting other African countries and the Middle East. In just two months since its launch, Kwik Pik has made impressive progress. It has processed over 2,400 packages, serving both businesses and individual customers. The platform now has over 600 active app users and 100+ 3PL drivers delivering packages across major cities in Nigeria.
With Kwik Pik, businesses can easily track their shipments, manage inventory, and place single or multiple delivery orders with just a few clicks. It gives them full control over their logistics processes. The Kwik Pik app can be downloaded on iOS and Android devices, this makes delivery service easily accessible. As a third-party logistics provider or vehicle owner, you want to become Kwik Pik’s delivery partner by signing up and downloading the rider app on iOS and Android too. Partners and riders enjoy up to 90% of Kwik Pik’s earnings.
The logistics industry in Nigeria is growing fast, but it still faces challenges. In 2018, the value of Nigeria’s logistics sector was estimated at $584 million (250 billion Naira), and it’s projected to reach $1.2 billion (5 trillion Naira) by 2030. DaaS providers play a crucial role in addressing the delivery challenges faced by users and businesses. They offer solutions for last-mile delivery, reverse logistics, and freight forwarding. This benefits online retailers and other industries alike.
Kwik Pik has quickly expanded its presence in Nigeria, gaining over 600 active users and successfully delivering more than 2,400 orders within two months of launch. Satisfied customers praise Kwik Pik for its exceptional delivery service, prompt response, and affordability. The integrated map feature and direct communication within the app are also important features that make last-mile delivery efficient and satisfactory to customers.
As Kwik Pik continues to revolutionize logistics in Africa with its innovative DaaS solution, it marks a significant step in overcoming industry challenges within the logistics and supply chain ecosystems. With its focus on users and commitment to efficiency, Kwik Pik is driving advancements in logistics across Africa.
One delighted customer shared their experience, stating, “Kwik Pik provides exceptional delivery service and customer support. Their prompt response and efficient delivery system are unparalleled, and it’s remarkable that their services are both affordable and reliable.”
Another satisfied customer expressed their satisfaction, stating, “The delivery was seamless, and the cost was more affordable compared to traditional delivery services. The driver had a clear understanding of the pick-up and drop-off locations, thanks to the integrated map feature. I particularly appreciated the option to directly add the recipient’s number within the app, eliminating the need for separate SMS communication.”
Thanks to Kwik Pik’s efficient approach and impressive achievements in a short period, there is optimism for increased engagement throughout Africa and the Middle East.
Africa’s leading payroll and HR technology company, SeamlessHR, in collaboration with the Bill and Melinda Gates Foundation, recently hosted the top echelon of employers of blue-collar workers in Nigeria in an exclusive event to discuss the optimisation of blue-collar employee welfare and productivity through a new technology solution, Breeze Payer.
Executives from 7up Bottling Company, Guinness Nigeria, Lafarge Cement, Julius Berger, Bua Cement, UACN and others engaged in an interactive session and also participated in a fireside chat led by representatives of the Gates Foundation and the leadership team at SeamlessHR exploring innovative solutions to the pressing challenges faced by Africa’s workforce, specifically unveiling employee welfare improvement and productivity enhancement technology-driven solution.
At the engagement, SeamlessHR unveiled Breeze Payer, a cutting-edge application for employers that will enable drive talent retention among their employees through solutions like Earned Wage Access. This platform enables employers of blue-collar workers to efficiently manage their payroll, facilitate salary and wage disbursements, and connect their workforce to the market of financial value-adding services. The top-of-the-table solution allows employees to access their salaries before payday and manage financial emergencies without paperwork and at a lower cost. Additionally, the platform helps wage earners build their credit history, which can facilitate access to larger loans with longer tenors and improve their overall financial well-being.
Lynn Eisenhart, Deputy Director of the Bill & Melinda Gates Foundation, who also spoke on how employee welfare impacts productivity, said, “Employees are our most valuable asset. People stay because of how organisations treat them and the benefits they enjoy during their stay. Blue-collar workers deserve to be empowered by financial services and empowered by their organisations so they can be more productive. We want to give them access to financial resources at their fingertips through the Earned Wage Access platform. This is why we have partnered with SeamlessHR and employers, to leverage employee data and create sustainable solutions.”
In his remarks, CEO of SeamlessHR, Emmanuel Okeleji, spoke on the technology solutions the company has built to improve organisational efficiency, especially for employers and employees. “Alongside our innovative Earned Wage Access platform, a payroll processing system, which aids the seamless management of employee and employer payroll and also facilitates access to low-interest loans, we have also built a comprehensive technology tool to track time and attendance. This integrated solution draws inspiration from successful implementations across the globe, ensuring that blue-collar workers can thrive in an inclusive and supportive work environment. With the partnership of the Gates Foundation and top employers of blue-collar workers, we can create a long-lasting impact on this segment of Africa’s talent.”
Human capital development expert – Professor Dapo Adeleye, Faculty Director of Human Resources Management at Georgetown University, the keynote speaker, gave an outstanding presentation on the importance of employee welfare and the transformative potential of technology in today’s workforce.
“We need to shift our perspective and reevaluate the employee value proposition. Instead of solely focusing on top talent, we must recognise that a significant portion of the workforce comprises blue-collar workers at the bottom of the ladder. Extensive research has demonstrated the remarkable impact of earned wage access and financial inclusion on employees’ productivity. By prioritising their well-being and providing them with the right tools, we can unlock the true potential of our workforce and drive sustainable growth for our organisations.”, he said.
The second phase of this engagement is set to hold in Kenya as SeamlessHR continues to expand its reach and impact, it remains steadfast in its dedication to empowering African businesses through digital transformation.
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About SeamlessHR
SeamlessHR is Africa’s leading payroll and HR technology company, focused on helping businesses manage their entire HR and Payroll lifecycle from hire to retirement, with cutting-edge technology solutions.
With nearly 1,000 medium to large enterprises across over 20 countries, the company has offices in Nigeria, Ghana, Kenya and recently commenced operations in Botswana. The company recently raised $10million in a Series A round of funding to double down on its impressive pan-African expansion and build out new embedded finance products, some of which will be presented at this event.
SeamlessHR is the technology partner of the Bill and Melinda Gates Foundation for the blue-collar worker project in Africa.
Digital Explorers is an ICT-focused knowledge and talent exchange initiative between the Baltics and partner countries. Supported and endorsed by the European Commission, the project is at the forefront of the EU’s push to include the private sector in fostering sustainable economic growth globally and promote mutually beneficial talent partnerships between the EU and partner regions.
Between 2019-2022, Digital Explorers provided professional development opportunities for dozens of young Nigerian IT talents in front-running Lithuanian companies, stimulated direct investment in Nigeria by TeleSoftas, and opened up opportunities for FinTech cooperation between Lithuania and Nigeria.
Now, after a successful first iteration, the project is expanding its geography and scope and will aim to select, train and match a new cohort of ICT specialists with employment and internship opportunities in Baltics and local Nigerian ICT companies.
To tailor these efforts to your needs, the project is looking for Nigeria-based company representatives to dedicate 5-10 minutes and share some insights about their talent needs and recruitment trends.
For those that are looking to welcome more talent to their team or who are interested in connecting with Baltic ICT companies, the survey can be a gateway to link up with Digital Explorers and hear what more is on offer!
The much-anticipated HP CISS Partner Launch Event was held at the exquisite Marriott Hotel, GRA Ikeja on the 18th of July and was nothing short of a grand affair. With HP partners, industry experts, and influencers in attendance, all gathered to witness the grand unveiling of the HP Smart Tank 580 All-in-One printer.
The evening commenced with a delightful atmosphere as guests arrived and mingled in the cocktail area. The ambiance was further enhanced with an amazing performance on stage; a live speed painting of HP founders Bill Hewlett and Dave Packard, by the talented artist Oje Ohis. This left the audience in awe and set the tone for the night ahead. The event was flawlessly hosted by the dynamic duo, Ayo Mairo-Ese and Oscar Oyinsan (Oscarinthecity), who kept the audience engaged throughout the night.
The event’s opening presentation was delivered by Emmanuel Asika, the Country Manager for HP Nigeria and Channel Manager for Africa, Central, and East region. He enthralled the audience with insights into HP’s latest developments and its unwavering commitment to providing cutting-edge solutions for its partners and customers. Following the captivating presentation, Sophie Damilola Anjorin,the ACM – Home Printing Solutions, took the stage to present the main attraction of the night: The HP Smart Tank 580 All-in-One Printer.
HP Smart Tank 580 offers a revolutionary approach to printing, encompassing multifunctional capabilities that cater to all user needs. One of its most remarkable features is the inclusion of up to 3 years of ink in the box, providing users with immense ink benefits for all their printing requirements. Imagine being able to print up to 18,000 black pages or 8,000 color pages with the ink provided, ensuring that your home or office printing needs are effortlessly met. This eliminates the stress and inconvenience of running out of ink during critical printing tasks, allowing users to focus on what matters most. The HP Smart Tank 580 is available at all certified HP partner stores across Nigeria.
The product launch moment was undoubtedly the highlight of the evening, as attendees were given a first-hand glimpse of the printer’s capabilities through live demonstrations and hands-on experiences. Witnessing the printer’s efficiency and versatility firsthand left the audience even more impressed.
Influencers from the tech space graced the event, sharing snippets from the occasion on their social media handles. Their presence elevated the buzz around the product launch, keeping their followers engaged and intrigued. To end the night on a high note, the audience was treated to an energetic dance performance by the evergreen dance group, Dance Na the Main Thing (DNMT). The HP CISS Partner Launch Event was a perfect blend of technology, elegance, and entertainment, leaving attendees excited about the future of printing solutions.
Accessible, affordable, dependable insurance for all.
A cross-section of the insurtech team at Heirs General & Heirs Life
Leading insurance companies, Heirs General Insurance (HGI) and Heirs Life Assurance (HLA), subsidiaries of Heirs Holdings, launched multiple digital channels, making insurance transactions easier for customers, simplifying access to insurance for all Nigerians.
The mobile and digital channels include a chatbot named Prince, which instantly resolves customer’s inquiries, a USSD channel *1100# for Heirs Life, and mobile apps – Simple Life by Heirs Life Assurance and Simple Protect by Heirs General Insurance, both also available on the web.
Living up to the Group’s ‘Simple Life’ promise, the products demonstrate the companies’ promise of superior value to customers, quick and accessible service, while driving financial inclusion for everyone. These channels directly tackle the challenge of low insurance penetration across Nigeria, opening the industry to new customers, who require protection for their assets and financial security for their loved ones.
Using mobile and web apps called Simple Life and Simple Protect respectively, customers can open new policies, manage existing policies, file claims, and get instant support, right from their phones at any time of the day, without visiting an office or speaking to an agent.
With the chatbot, Prince, customers get instant, personalised insurance service virtually, twenty-four hours a day. In today’s fast-paced world, Prince enables seamless and effortless service for existing and potential customers of Heirs General Insurance and Heirs Life.
Heirs Life unveiled its USSD code *1100# to deepen insurance penetration. The USSD will allow Heirs Life to reach millions of customers in need of savings and life insurance plans, expanding its reach to remote areas traditionally excluded from financial services. The USSD code also provides faster access for existing customers to manage their policies.
Speaking on the launch, Ifesinachi Okpagu, Chief Marketing Officer, Heirs Insurance Group, said: “Our customers are at the heart of our business. At Heirs General Insurance and Heirs Life, we are committed to driving inclusion across the country. We believe every Nigerian deserves a backup in times of need and with these new channels, we are assuring customers of coverage as they go about their daily lives. The simple life is here.”
Heirs General Insurance (non-life insurer) and Heirs Life Assurance (specialist life office) are the insurance subsidiaries of Heirs Holdings, a pan-African investment group, with a portfolio in 24 countries and four continents.
Both companies serve hundreds of thousands of customers in the retail and corporate segments across Nigeria through a hybrid approach – a rapidly expanding physical footprint and an omnichannel digital presence.
Heirs Insurance Group is leading the digital insurance play in Nigeria through their platform for partnership and insurance re-distribution, InConnect, amongst other insurtech-driven initiatives.
On a mission to democratise access to insurance by providing simple, quick, reliable, and accessible insurance to individuals and organisations, Heirs General Insurance and Heirs Life Assurance are championing financial inclusion across the country, partnering with global organisations, including the United Bank for Africa Plc, to make insurance accessible to everyone.
Zedi and dynamic startup servicing firm, Vibranium Partners, have joined forces in a strategic partnership aimed at propelling the growth of the startup ecosystem in Africa. This groundbreaking collaboration signifies a quantum leap in fostering innovation, creating opportunities, and driving sustainable development for startups in Nigeria, Africa, and beyond.
Zedi, known for enabling and unlocking startup growth potential, has partnered with Vibranium Partners, a company that provides entrepreneurs with bespoke finance solutions, fundraising and consulting services. Zedi will expand Vibranium Partners’ complete portfolio with its client acquisition skills, helping entrepreneurs succeed in a competitive market.
The collaboration between Zedi and Vibranium Partners has enormous potential to change the African entrepreneurial environment. This alliance establishes a unique support system for entrepreneurs looking to make their impact in Africa’s vibrant entrepreneurial community by combining Zedi’s growth marketing expertise and Vibranium Partners’ in-depth grasp of the startup space. By combining their expertise, both organisations will improve access to capital, coaching, and other critical resources for startups seeking long-term success.
Mobola Akingbala, Head of Strategic Partnerships, Zedi, expressed her excitement about the collaboration, stating, “Africa is a hotbed of entrepreneurial talent and untapped opportunities. Our collaboration with Vibranium Partners opens up unprecedented avenues for startups across the continent, enabling them to tap into the resources and support required for their success. By combining our strengths and expertise, we are poised to catalyze the growth of startups in Africa, transforming them into powerful engines of economic growth and social change”.
The Chief Business Development officer at Vibranium Partners, Cary Berman also commented on the potential impact of partnership. According to him, “This is unlike anything the ecosystem has seen because through this partnership, As a startup founder you are able to build a more defensible story around your growth acceleration and scale. Your startup is able to create a pitch deck that excites, energizes as well as builds trust.”
Through this partnership, Zedi and Vibranium Partners will contribute to the ecosystem by empowering startups to overcome barriers and seize opportunities, development, nurture local talent, and position Africa as a global innovation powerhouse.
Market Equity, a leading global trading platform with cutting-edge technology and expertise in the financial markets and investment advisory services, is excited to announce its upcoming event-themed “Era of Digital Wealth.” The event is scheduled to hold on the 29th of July 2023 at Travel Inn on Toyin Street, Ikeja, Lagos, from 10 am.
The concept of digital wealth has become increasingly relevant and transformative as technology continues to revolutionize the financial industry. In this digital age, the “Era of Digital Wealth” event aims to delve into the innovative technologies, investment strategies, and financial tools that empower individuals to create and grow their wealth.
The event is designed to bring together industry experts, investors, enthusiasts, and anyone interested in exploring emerging trends and opportunities in the digital wealth landscape. Attendees can expect insightful financial discussions, engaging presentations, hands-on training, and networking opportunities with like-minded individuals. With a commitment to helping clients achieve their financial goals, will have forex experts like Wole Durojaye and Williams Esezobor offering the best financial services and training to the attendees. Their continuous support will guarantee the highest return on investments.
“We are really excited about hosting this very important event, which is just one of the three major line-ups of events planned for this period,” said Irewole Durojaiye, Forex Training Expert at Market Equity. He further mentioned that the event would be insightful and rewarding for all attendees, as the team of experts will provide directions and insights into diverse investment opportunities, such as stocks, bonds, mutual funds, and other alternative investments.
Williams Esezobor, Market Equity Training Expert, also shared his thoughts about the upcoming training event, stating, “The financial landscape is rapidly evolving, and digital wealth is opening new avenues for individuals to achieve financial success. Our goal with this event is to educate and empower participants with the knowledge and tools they need to navigate this exciting frontier confidently.”
The training event will take place at Travel Inn on Toyin Street, Ikeja, Lagos. Interested parties are encouraged to register early to secure their spots, as attendance will be limited to ensure an interactive and personalized experience for all participants.
Registration is now open, and interested individuals can reserve their seats by visiting www.marketequity.com or by calling 07038875660. Early registrants will be eligible for exclusive benefits and other instant gifts, such as 50 USD tradable fund for the first 100 attendees, and raffle draw winners will have the chance to take home 250 and 500, free trading kits, among other rewards.
-Africa Soft Power
The Wheatbaker, Victoria Island, Lagos, witnessed a momentous gathering of esteemed business leaders, Influential African creatives, policymakers, digital champions, and leading entrepreneurs from diverse industries last Friday. United by a shared vision, these exceptional individuals and bright minds convened to explore how Africa can secure its future by unlocking the power of its youth, culture, and creative economy.
Organized by Africa Soft Power in collaboration with the Ford Foundation, Open Society Foundations, and African Women on Board, the event focused on the intricate relationship between digital platforms, technology adoption, youth empowerment, and creative entrepreneurship.
“As a country and as a continent, it is imperative to include young people and women in every leadership space. From #endsars, to #Congoisbleeding and other several social movements that the continent has witnessed in recent years, we have seen what happens when we do not provide the needed inclusion and security for women and young people ” highlighted Nkiru Balonwu, Founder and Creative Director of Africa Soft Power.
“We will continue to have these conversations, shining the light on the immense opportunities that Africa’s soft power, deeply rooted in its vibrant culture and youthful population, offers for growth. While the advent of digital media and advancements in technology are providing African youth with platforms to express their talents, shape their own narratives, and build successful careers across various industries, we remain committed to advancing conversations that will help the continent leverage this growth potential,”. Nkiru added.
Even as the creative and knowledge industries offer immense opportunities for young Africans, there are still threats out there – and high on that list is insecurity. Security is an intersectional issue that affects everything from basic human rights, living standards, trade, prosperity, freedom of movement, access to education, gender equality, etc. The absence of security is one of the factors limiting innovation and economic growth in many areas of the continent.
The event featured a panel session, moderated by Folashade Anozie, Founder & CEO, Nonconform Productions. Panelists and experts on the session include; Njideka Agbo, Founder and CEO Glann Media Consult & Fmr. Editor, Guardian Life Magazine; Hon. Akintunde Oyebode, Commissioner of Finance & Economic Development, Ekiti State; Dr Seun Fakorede, Commissioner For Youth and Sports, Oyo State and Adaora Ikenze, Director, Public Policy, Anglophone West Africa at Meta
“You can’t solve the problem of security where there is the absence of fairness and justice”. Says Hon
Akintunde Oyebode, Commissioner of Finance & Economic Development, Ekiti State. “A big driver of crime is the absence of consequence, this is why you will find that in a society where there’s an absence of consequence, people often gravitate towards crime.
“The challenge of security in Nigeria is a hydra-headed problem, in some parts of the country, there’s major kidnappings ongoing, in other parts, there is a drug problem, but at the heart of it all is a clear admission that state capacity has been waning for a while and has gotten to a point where it is simply incapable of responding to social issues” concludes Akintunde.
With almost 60% of Africa’s population under the age of 25, the continent proudly stands as the youngest on the planet. By 2050, its population is projected to double, positioning this surging youth demographic as Africa’s biggest opportunity for growth, innovation, and sustainable development.
Njideka Agbo, Founder and CEO Glann Media Consult & Fmr, Editor, Guardian Life Magazine, maintained that the lack of security and inclusion is responsible for the brain drain in Nigeria and parts of Africa. “At a time, people were excited to come back to Nigeria, but all that has changed. In 2018, we were the 4th largest group of asylum seekers in the European Union, because more and more people keep moving out in search of greener pastures, more opportunities and better security. The level of patriotism that the youth show to their country is determined by the level of appreciation that they get from the Government, alongside the security and inclusion that the country provides for them. She added.
Securing The Future: Youth Power, Culture & the Creative Economy was an important platform for both government stakeholders and young voices across several industries to engage each other. As global stakeholders rally behind Africa’s ambition, it is imperative to acknowledge the fundamental role that youth power and the creative economy play in building a prosperous continent.
Group Photograph of winners of Techmybiz pitch-a-thon and the Judges.
Photo Credit: Eliworld on behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ), cofounded by the European Union (EU)
The highly anticipated 2023 edition of the Techmybiz Pitch-a-thon delivered an awe-inspiring display of innovation and talent as 22 exceptional digital solutions emerged winners.
The Techmybiz is an initiative of GIZ/Digital Transformation Center Nigeria (DTC Nigeria), which is jointly funded by the European Union (EU) and the German Federal Ministry for Economic Cooperation and Development (BMZ) and is implemented by Deutsche Gesellschaft fuer Internationale Zusammenarbeit (GIZ) GmbH.
Following a rigorous review of thousands of applications from entrepreneurs across Nigeria, through a “Call for Digital Solutions” campaign that offered a platform for many innovators, entrepreneurs and startups within the Nigerian ecosystem to register, 50 outstanding digital solutions were selected to pitch their ideas in the 3-day hybrid event.
The entrepreneurs showcased their ingenious pitches, captivating the audience and showcasing the disruptive potential of their technologies across various industries
A panel of judges, comprising industry experts, entrepreneurs, investors, tech enthusiasts, and seasoned professionals, evaluated the pitches and selected the winners.
The Top 3 winners from Left to Right are as follows: CDIAL AI, Metro e-Corporate Services Ltd and myStash.
Here are the winners:
Asoro Automotive
Asoro Automotive is a comprehensive online platform that serves as a one-stop solution for all automotive technology needs in Nigeria.
With a user-friendly interface and intuitive design, the platform offers a seamless experience for both car owners and automotive technicians.
It offers a wide range of services, from repairs and diagnostics to parts procurement, training programs, and expert advice.
With its user-friendly interface and wealth of features, the website serves as a valuable resource and a reliable partner for all.
Blualpha Nigeria Limited
EvriSale App is built to solve the challenges of micro, small, or medium businesses that it is involved in the sale of good and services.
This solution is designed and developed to help businesses monitor sales operation of physical goods and service-based products (no stock products that are not tracked such as Hair Salon, Beauty Shops, or Consultation) in a manner that the owner has control of the business in his/her mobile phone, and for Business owners to delegate stock inventory and app tasks to his/her supervisor.
The app provides the business with reports such as sales reports, and inventory reports.
myStash
The Profit app by myStash is a tool for business finance management. The app allows business owners to develop a budget for their business, track their business expenses seamlessly, and monitor cash flow.
With the Profit app, a business owner can fix percentages to be set aside anytime your customers pay for your product or service.
This is a great additional benefit, especially for female business owners, some of whom are unable to access loans because they do not have collateral assets like land or other expensive assets. So far, myStash has empowered over 5,000 business owners.
Echovon Technologies Limited
This solution is a SaaS web platform and mobile app that offer data insight and a marketplace for SME retailers to instantly identify bestselling regional products.
No more waiting to stock high-demand products that increase revenue, and enjoy 90% savings on commission fees on their marketplace.
As a consumer on Vevet’s marketplace, you can order food, groceries, and other products from nearby supermarkets and restaurants.
Receive a list of your favourite products which entices you to place more orders thereby increasing revenue for us and our vendors.
Metro e-Corporate services Ltd
Metro e-Corporate services ltd is a tech-driven corporate compliance company that offers a one-stop solution revolutionizing corporate compliance for small and medium businesses by leveraging cutting-edge technology to simplify legal compliance, saving time, effort, and resources.
Loyalty Alliance Systems Limited
Loystar is an omnichannel retail commerce platform that caters to micro, small, and medium-sized businesses (MSMEs) by offering a comprehensive suite of tools and solutions.
The platform includes a Point-of-Sale (POS) system and inventory management software, which empower merchants to effectively manage their sales, customer records, and inventory across multiple locations, including online channels.
With the Loystar software, merchants can efficiently track their sales transactions and maintain detailed customer records.
The platform supports various payment options, allowing businesses to accept payments in multiple ways to cater to customer preferences
Big Family 360 Foundation
Northwave app is a fintech mobile application that allows MSMEs to engage in money circling (collective savings) in a safe and secure manner.
The application is designed to ease the retrieval of investment among group members that are engaged in money circling without any breach of contract.
The Northwave app helps to collect and retrieve savings from group members(customers) via their debit cards and bank accounts as due, hence saving group members from losing their money and investment. The group’s monetary contribution is based on one’s financial capacity and strength.
Xchange Box Solutions Ltd
This solution provides both credit access and payments/collections for mostly women-led corner shops where women sell consumables and petty trading by giving them as low as 100 USD weekly repayable credit to sustain their trading subject to increase based on records of repayment verifiable through its payment platform via Card Reading devices given to them for receiving payments, creditworthiness records (based on repayments and transaction volumes) for rural communities’ corner shops.
CDIAL AI
Its product, IndiGenius is a cutting-edge multilingual keyboard that harnesses the power of artificial intelligence (AI) to revolutionize digital communication, intelligent typing input, and translation across 160 languages worldwide.
This innovative keyboard goes beyond conventional input methods by offering speech-to-text functionality, making it an invaluable tool for individuals with typing challenges or fatigue.
Developed after 11 months of extensive research of special characters and missing alphabets that are absent from conventional keyboards and an in-depth understanding of the African market, the collective intelligence gained during this research was ingeniously deployed into the design and functionality of IndiGenius.
Agrovesto Enterprise Ltd
Agrovesto is a platform that provides seamless Agro-commodities trading and payment experience for smallholder farmers and crop buyers.
The platform is built to digitize the flow of food from farms to buyers and provide real-time market data for easy trading decisions.
Users can also access on-demand standard warehousing and affordable logistics solutions easily.
The platform also built farmer onboarding software that enables profiling of farmers and disbursing high-quality input through our trusted suppliers and also offers advisory services for sustainable food production.
Greenera Technologies LTD
Greenera Technologies specializes in the manufacturing and production of solar standalone systems for both residential and commercial applications.
Its innovative products harness the power of the sun to provide sustainable and reliable energy solutions.
By utilizing its solar energy, Greenera Technologies systems help reduce carbon emissions, lower energy costs, and contribute to a greener future
Topcity Enterprises Ltd
Topcity is a Nigerian-based startup that is engaged in the use of technology in onions processing, modern Onions storage, linking farmers to market and training women in onions processing to reduce post-harvest losses to N300 billion($650m), improve food security, reduce hunger, promote productivity and profitability among Farmers/women, improve national economy and create employments.
Advanced Engineering Centre
Precision moulds are accurately machined equipment used for the mass production of plastic products, including bottled water, shoe soles, hangers, plates, gallons, etc. Moulds are used to form plastic shapes, profiles and products.
Moulds fabrication requires a high level of engineering expertise and skills which is very scarce in Nigeria and Africa. Modern mould fabrication requires Computer Aided Design (CAD) and Computer Aided Manufacturing (CAM) both of which are digital technologies.
Crox Technologies Ltd
Croxapp is a peer-to-peer (P2P) parcel delivery platform that was created to address the challenges of traditional courier services in Nigeria.
It connects individuals who need to send parcels with trusted and verified individuals who are already travelling in the same direction as the parcel’s destination.
This innovative platform allows users to send parcels at a reduced cost and time, while also providing an opportunity for individuals to earn cash by picking up and delivering parcels on their way to their destination.
Veritas Imperial Investments Limited
GIFTY – Digital Shop Maker is a SaaS platform that enables MSMEs to create e-commerce websites in under five minutes using their smartphones.
The platform provides several benefits, including shorter, more seamless sales conversations with customers online, accurate sales records, and AI-powered sales growth insights.
GIFTY was created to address the challenges MSMEs face when engaging in sales conversations with potential customers online.
These conversations are often stressful and repetitive, leading to longer sales cycles and low or no sales.
Kamel, Inc
Kamel is an all-in-one solution to enable anyone to start, manage, and grow a retail business of any size – even without access to capital.
With its product, vendors can get access to a WhatsApp-integrated e-commerce website, in addition to tools for managing inventory, orders, bookkeeping, customer relations, etc.
Vendors also get their products promoted by the Kamel network of resellers who earn commissions from every sale they broker.
Retailloop Solution Technologies
Retailoop is a composable retail engine that helps semi-formal retailers build scalable commerce solutions with amazing developer tools.
Adashi
Adashi helps unbanked and underbanked customers especially MSMEs who have issues accessing formal financial services to save and access credit.
The platform is not only helping the unbanked to save more but has been able to take away the hassles of cumbersome paperwork the agent/collector has to go through on a daily basis.
Adashi has taken away the issue of transparency and accountability which are part of the reasons these users don’t trust formal financial systems.
BIME
BIME is an automated bookkeeping software designed to make bookkeeping easier for small businesses.
It includes features such as automated bank transaction imports, expense categorization, invoicing, and financial reporting to help businesses manage their finances more efficiently.
One of BIME’s key advantages is its ability to automatically import bank transactions. This eliminates the need for manual data entry and lowers the possibility of errors.
The software also automatically categorizes expenses, saving businesses time and ensuring that their financial records are accurate.
CreamsonTechnology Company
This solution helps sustain an eco-friendly, cleaner and healthier environment through waste recycling of P.E.T plastic materials from the local areas into feedstock by deploying ultra-modern fully-automated NANO SENSOR refining lines to sort, crush, wash and recycle up-to-market-top quality 99.7% purity level for the production of carpets, fibers, plastic clothing and new bottles.
This is done alongside environmental sustainability and relevant SDGs enlightenment campaigns across communities, educational and religious institutions with a focus on the 3Rs: Reuse, Recycle and Reduce.
Bitcoops
BitCoop is a user-friendly and intuitive app designed for managing cooperative societies of all sizes. Whether you’re in charge of a small community cooperative or a large, multi-location society, BitCoop has everything you need to streamline your operations and keep things running smoothly.
With BitCoop, you can easily keep track of your members and their contributions, as well as your financials and day-to-day operations.
The app’s member management features allow you to maintain detailed information about your members, including their contact information, contributions, and payment history.
Moon Innovations
This product is the solar smart inverter system, a single-box solution providing homes and businesses with solar electricity, wifi internet access, and AI-enabled security surveillance with a mobile application to monitor and control this system from anywhere remotely.
It also includes an intruder alarm system which can be triggered when an intruder is detected via the mobile app.
MSMEs in Nigeria are quite lucky to have all these digital solutions they can apply in their organisations, to make their businesses more efficient and effective.
With Nigeria standing head and shoulder above the growing interest and adoption of cryptocurrencies in Africa, Cloudax, an innovative technology-driven ecosystem built for wholesome content creators and communities, is launching its P2P App and website to onboard Africans into the crypto ecosystem, meeting the surging needs and demands of first-time and all-time crypto users.
Speaking about the piqued interest of Nigerians in the crypto space, the CEO of Cloudax, Olumuyiwa A, said “I think the quick adoption of cryptocurrency in Africa is largely driven by the difficulties the African youth faces in conducting borderless financial operations whilst living and working in the global village that the world has become. Digital currencies have become the easiest means to conduct financial transactions and it’s encouraging to see that a number of African governments appear to be developing or on their way to developing regulations which promote the use of cryptocurrencies in their regions.
A 2022 report by Chainalysis revealed that P2P exchanges account for 6% of all cryptocurrency transaction volume in Africa, more than double the share of the next-closest region, Central & Southern Asia and Oceania. This highlights the need for ramp providers to build bridges between the web3 and fiat ecosystems in Africa.
He continued by saying “We are excited to introduce our P2P platform, which will bridge the gap between crypto enthusiasts and mainstream users in Nigeria. Our mission is to empower individuals with a seamless and affordable solution for crypto transactions. With asset security being the greatest concern of most users, CloudP2P gives the best customer experience with its extremely secure and user-friendly marketplace for swift and seamless buying, selling and swapping of crypto.”
The Cloudp2p platform boasts several key features that sets it apart from existing P2P solutions in the market. First, it provides a secure and reliable environment for users to buy, sell, and exchange cryptocurrencies directly with one another, eliminating the need for intermediaries. This not only reduces transaction costs but also ensures faster settlement times.
Cloudax has several other products in development, including a discount store and an infrastructure support wallet.
Patricia Technologies Limited has entered into a partnership with Deimos Cloud Security. This collaboration aims to revolutionize the way the cryptocurrency company protects its customer’s assets and enhances security measures.
Given the rising number of cyber threats and data breaches across the world, safeguarding customers’ valuable assets has become paramount for businesses. Patricia is fully committed to achieving this goal through its collaboration with Deimos Cloud Security. By joining forces, Patricia takes a significant step in ensuring the utmost security for its customers.
Deimos brings expertise and cutting-edge technology to the table, fortifying our existing security systems and providing an impenetrable shield against potential threats. Our customers can now have peace of mind, knowing that their assets are in safe hands. This partnership showcases Patricia’s dedication to innovation and delivering exceptional services to our valued customers.
Commenting on the partnership, Patricia’s Founder and Chief Executive, Hanu Fejiro, stated, “We recognize and are committed to safeguarding sensitive information and continuously strive to outpace cybercriminals. With Deimos as a strategic partner, we are confident that we can meet and exceed the highest standards of security”.
The Chief Executive Officer of Deimos, Andrew Mori expressed his thoughts on the partnership, “As Patricia’s Cloud Partner, we are committed to implementing industry-standard practices for cloud security and infrastructure. Deimos brings improved security measures and deep technical expertise to Patricia’s cloud infrastructure and application ecosystems. Together, we will elevate security standards, ensuring that Patricia’s customers’ assets remain shielded from any potential harm”.
This collaboration marks an exciting time for both companies as we anticipate a successful partnership that will redefine security in the digital age.
FOUND NG is on a mission to drive digital transformation on the African continent. This mission has led the company to collaborate with Café One by Sterling Bank to launch a series titled “Workspace Happy Hour”. FOUND, which is a Google partner, is leveraging its relationship with Google and forming an alliance with Café One to promote the use of collaboration and productivity-enhancing cloud-based tools like Google Workspace.
The Workspace Happy Hour program is a series of one-hour events which will be hosted in Café One space. The first of these will be held on the 27th of July in Ibadan, Oyo state. The series will be two-fold; first, there will be a product demonstration and Q&A. The second part will be a 30-minute crowd mixer and networking opportunity. This series offers small business owners an opportunity to learn and use essential tools to improve their productivity and manage business processes better. It’s also an opportunity to mingle and connect with other business owners and industry peers.
With over a billion active users globally, Google Workspace has become the go-to productivity tool in this generation. Whether a team is creating pitch decks or building skyscrapers, Google Workspace offers a comprehensive suite of cloud-based tools for creation, communication, collaboration, document management, and streamlined productivity. Google Workspace helps everyone do their best work and collaborate effectively from anywhere in the world and businesses around the world have greatly benefitted from migrating to this trusted workspace. Google Workspace also employs rigorous security protocols so business files are up-to-date and secure.
FOUND is a Google Cloud Partner and leveraging on this partnership with Google, they offer sales and support services for Google Workspace. SMEs and larger corporations can enjoy local technical support services and pay monthly or annually for their Google Workspace and other cloud solutions in Naira. These corporations can also smoothly transition from their existing systems to Google Workspace by reaching out to FOUND NG.
This strategic partnership with Café One falls in line with FOUND NG’s goal to drive digital transformation and technology adoption in Africa. Café One was established by Sterling Bank Nigeria, to create a comfortable platform for like-minded individuals to share stories, collaborate, network, bounce off ideas and build relationships. Through strategic initiatives like the Workspace Happy Hour series, FOUND is spearheading the advancement of tech-based community development projects in Ibadan, Oyo state, with the hope to expand across Africa.
To be part of this, join FoundNG on the 27th of July by 2 pm, at Café One, Ibadan to learn and network.
The attention of Sycamore Integrated Solutions Limited (SycamoreNG) has been drawn to news publications attributing a statement to the Federal Consumer Protection Commission (FCCPC) alleging that Sycamore Integrated Solutions Limited, being a registered Digital Money Lender (DML) on the Commission’s approval list has been found to be one of the companies engaged in prohibited conduct, engaging in the use of APK to attract borrowers, a process and practice deemed illegal and unregulated by FCCPC.
Sycamore Integrated Solutions Limited (SycamoreNG) categorically denies that it is involved in the practice that has been alleged and is not, in any way involved or, in any manner or form, with the app, “Get Loan” which we only became aware of, following the report in the news by the FCCPC. We state unequivocally that Sycamore Integrated Solutions Limited has no affiliation with the entity “Get Loan” and their actions are in no way associated with our company. The only app owned by us is “Sycamore”.
Our preliminary investigations suggest that the “Get Loan” was put on the Google Playstore by a completely different entity while seeking to ride on the name and good reputation of Sycamore Integrated Solutions Limited. We, however, assure all our esteemed customers and users of continuing top-notch service and integrity they have always known Sycamore for, as the protection of our users & customers remains our top priority.
Since being made aware of this situation, we have been in active cooperation with the appropriate authorities, including the FCCPC, to identify and address the imposter responsible for these deceptive practices. As a regulated money lender, we comply with all necessary legal requirements, including those set forth by the FCCPC, to ensure the highest standards of customer protection and data security. We are even more committed to maintaining an environment of transparency and accountability in all our operations.
To further reassure our valued customers, we have taken the following immediate actions:
Enhanced Customer Support: We have bolstered our customer support teams to address any queries, complaints, or concerns promptly. Our lines of communication are open, and we encourage our customers to reach out to us directly at info@sycamore.ng
Secure Verification Processes: We are continually reviewing and improving our verification procedures to prevent any potential identity theft or fraud attempts on our customers.
Collaborating with Authorities: We are actively cooperating with law enforcement agencies and the FCCPC in their investigations to bring the imposter to justice.
Public Awareness Campaign: We will be launching a public awareness campaign to inform the general public about the imposter’s fraudulent activities and to educate them on how to recognize and avoid such scams.
At Sycamore Integrated Solutions Limited, we understand the gravity of this situation. We sincerely apologize for any distress or inconvenience caused by the imposter’s actions. We remain committed to resolving this matter swiftly and providing the utmost security and service to our valued Users. We are hopeful that the Federal Consumer Protection Commission (FCCPC), upon completion of its investigation, will make public its findings, which we are confident will confirm our position that Sycamore Integrated Solutions Limited is not in any way associated with this app or the activities alleged.
In the coming days, we will keep you informed about the progress of our efforts to address this issue. We request the cooperation and support of the media in ensuring accurate reporting to avoid further confusion.
For updates and official announcements, please visit our website https://sycamore.ng/ or follow us on our official social media channels IG: @sycamoreng Twitter: @sycamoreng
We thank our Users, Customers, Partners, and Stakeholders for their continued trust and support during this challenging time. Together, we will overcome this situation and emerge stronger. Please continue to be cautious when engaging with apps on the Google Play Store. To ensure you are downloading the official Sycamore app, we recommend visiting our website (www.sycamore.ng) or using the direct link on our social media profiles (https://lnkd.in/demMCmYP).
For media inquiries, please contact:
Mojisola Fagbohunlu
mojisola.fagbohunlu@sycamore.ng
+234 816 6045 108
About Sycamore Integrated Solutions Limited:
Sycamore Integrated Solutions Limited is a digital peer-to-peer lending and borrowing platform that provides financial enablement to both businesses and individuals by providing them with the funds required when necessary. Sycamore was established in 2018 according to the Corporate Affairs Commission. Our commitment to customer satisfaction and security remains unwavering.
Innovate Africa Foundation, in collaboration with the Silicon Valley Product Group (SVPG) and WorkNigeria, is set to host Africa’s largest tech product conference from the 18th to the 21st of September, 2023, at the Eko Convention Centre in Lagos, Nigeria.
Tagged the Inspire Africa Conference, the four-day-long event is designed to provide the African product community with the hands-on training and expert advice needed to both commence careers in the product industry and upskill.
“Our aim is to establish and grow the African product community into a bigger and stronger force than ever. We have carefully curated every session to enable participants derive maximum benefit from the conference. The speakers are decidedly the best in the industry and we are confident that you won’t find them all in one place, at one time, anywhere else in the world,” says Rebecca King, Innovate Africa Foundation’s representative.
Having hosted product talks in a multicity tour across Africa in Accra, Kigali, Nairobi and Cape Town, the event will feature industry experts such as Christian Idiodi, Marty Cagan, Lea Hickman, Chris Jones, Martina Lauchengco and Jon Moore — the 6 Silicon Valley Product Group (SVPG) partners. Acclaimed for their bestselling books, ‘Inspired’, ‘Empowered’ and ‘Loved’ on the techniques the top global companies use to create products customers love, all six partners will be live at the conference, offering their world-renowned INSPIRED and EMPOWERED workshops while coaching and training attendees on building Africa-led products to solve global problems.
In addition to the intensive workshops, the conference will offer networking opportunities for participants to connect with other product experts, enthusiasts, venture capitalists, and experienced advisors, opening doors to potential collaborations and funding opportunities.
WorkNigeria, one of the leading sponsors of the Inspire Africa Conference will enhance participants’ career prospects by offering career preparation services. As part of its commitment to long-term impact and growth in Africa’s human capital development, WorkNigeria will provide free headshots, resume reviews and job interview training to sharpen participants skills for the competitive job market.
“By 2030, Africa is projected to have the largest working population in the world. That’s a lot of people ready and willing to work together towards a common goal,” remarked Christian Idiodi, the Founder of WorkNigeria. “The key for us, is providing them with the skills and capital they need to be successful and that is what the Inspire Africa Conference seeks to do. We want to ensure that Africa is primed and ready to capitalize on the incredible tenacity and skillsets of our working population to change the world!”
With over 2000 product professionals, 30+ global product leaders and coaches, and 100+ African Tech Founders projected to attend; the Inspire Africa Conference is set to grow and establish Africa’s product industry. Participants can register for this career-transforming program on the Inspire Africa Conference Website
Bundle, a social payment app for cash and crypto will close down after three years of operation. Cashlink, its peer-to-peer platform which recently crossed over 3 million total transactions in less than two years, will continue to operate independently to accelerate the adoption of crypto in Africa.
Last year, Bundle Africa became the first local cryptocurrency exchange to surpass one million app downloads and became the most-used indigenous crypto app in Nigeria. Despite this feat, and an increasing number of eager users looking to explore more blockchain features, Bundle Africa will cease operations of its exchange services as part of the Shareholders’ decision to restructure the business to focus on cashlink.
Bundle has constantly innovated around uncertain crypto regulatory conditions, which became visible in the swift launch of Cashlink after the crypto restrictions in 2021. However, as a customer-first organisation, giving our users the best service is our number one priority.
According to Emmanuel Babalola, the CEO of Bundle, “Irrespective of this early exit, Bundle Africa has made its mark on the African continent, providing our users with a best-in-class experience for crypto, making it easier and safer to access crypto services. Our users can withdraw their funds into any wallet. Over the next 60 days, we will provide our users and stakeholders with unparalleled support as we transition to Cashlink and other services.
As a result of the exit, sign-ups on Bundle are immediately suspended and Bundle users are advised to withdraw their assets within the next 60 days and note that deposits and swaps will be turned off. The Bundle team will be phasing out in batches to support its operations till its eventual exit closes. Even though this is the end of the journey for Bundle Africa and its team, the exchange has left its footprint in the African market and is excited to have driven the adoption of crypto in Africa.
Heifer Nigeria is thrilled to unveil the 2023 AYuTe Africa Challenge Nigeria. AYuTe, which stands for Agriculture, Youth, and Technology, is an enterprise development program initiated by Heifer International to identify, nurture, and support innovative, relevant, and technology-driven agric-centric enterprises to grow, scale, and thrive.
Through a regional AYuTe competition, Heifer International awards up to US$1.5 million each year to leading growth-stage agritech innovators across Africa. Building on this regional competition, Heifer country offices in Nigeria, Ethiopia, Kenya, Rwanda, Senegal, and Uganda organize national AYuTe competitions that award up to $20,000 in each country to start-up stage agritech innovators.
The AYuTe Africa Challenge Nigeria is an opportunity to identify young, creative entrepreneurs who have launched promising tech solutions that are capable of addressing systemic constraints limiting the productivity and income of smallholder farmers in Nigeria.
Like the regional competition, the AYuTe National Champions competition offers prize money, capacity building, and mentorship, helping translate the energy and ideas of young Nigerian agritech innovators into meaningful impact for smallholder farmers, growth of the agricultural sector, and the country’s food security.
AYuTe Africa Challenge Nigeria started in August 2022. Founder of Soupah Farm-en-Market Limited, Ifeoluwa Olatayo, emerged as the grand prize winner for the maiden edition of the competition in Nigeria. Olatayo got a grant of $10,000 to expand her innovation that deploys USSD short code for aggregating market for farmers’ produce and delivering to market at affordable prices. The solution includes a QR code for authentication and a link to a URL that explains all the information about the product.. The second runner-up, Rejoice Usim of Simkay Foods Limited won $6,000 for vertical sack farming; a low-cost technology for planting crops into the sides and tops of large sacks of soil, enabling farmers to grow several crops in a relatively small space by taking advantage of the vertical growth of plants, while Stephen Obe of Evet Technology who finished third was awarded $4,000 for his smart technology innovation that improves farm productivity and prevents pre-harvest wastages.
“We are excited to announce the launch of the second edition of AYuTe Africa Challenge Nigeria,” says Rufus Idris, Country Director of Heifer Nigeria. “This challenge provides a platform to attract more young, talented entrepreneurs to agriculture, empowering them to unleash their potential and contribute to solving the numerous challenges facing our agricultural sector. We believe that their innovative tech solutions is needed today more than ever, as the country is in dire need of sustainable solution to the rising food inflation and food insecurity,” added Idris.
The 2023 AYuTe Africa Challenge Nigeria will span three months, during which eligible agritech startups will receive mentorship, business support and optimization, guidance, and market support with the Top 3 finalists receiving up to $20,000 in grants. By promoting entrepreneurship and technology adoption in the agriculture sector, the challenge aims to empower startups and advance sustainable rural development in Nigeria.
Heifer’s AYuTe Africa Challenge Nigeria 2023 is being implemented by Wennovation Hub, a business development company that supports startups and teams across emerging sectors. Wennovation Hub will provide bespoke business and entrepreneurship support and access to expert mentors and industry leaders who will provide valuable guidance to help participating startups refine their business models, enhance their products or services, and scale their operations effectively.
To qualify for AYuTe Africa Challenge Nigeria, startups must be registered and operating in Nigeria, be focused on leveraging technology to address challenges that affect smallholder farmers and drive innovation in the agriculture sector. The agritech is also expected to have a minimum viable product (MVP) or a working prototype that demonstrates the potential for impact. More information about the AYuTe Africa Challenge Nigeria, including the application portal and eligibility criteria can be found on www.ayute.africa/nigeria
Establishing a robust distribution network in Africa has always been a challenge for manufacturers and distributors. The continent faces numerous obstacles, including the lack of infrastructure. Complicating matters further is the fact that the majority of national sales are made through traditional retail channels. According to a recent report by BCG, a staggering 97% of national sales in Nigeria are conducted by small retailers. This poses significant challenges not only for Fast-Moving Consumer Goods (FMCG) companies but also for the pharmaceutical and agro-allied industries. To overcome these hurdles and streamline sales operations while expanding their reach, manufacturers and distributors in Africa have turned to Salesforce Automation (SFA) solutions.
Evolution of SFA in Africa
In the early 2000s, only a few companies in Africa began experimenting with early-stage SFA by equipping field staff with Personal Digital Assistants (PDAs). However, this approach was not widely adopted due to the high cost of PDAs. The evolution of SFA in Africa gained momentum in the mid-2010s, coinciding with the widespread adoption of smartphones across the continent. Initially, manufacturers and distributors primarily used SFA for monitoring field staff activities, leveraging GPS functionality for verification purposes. This approach differed from the evolution of SFA in the United States, where it was led by Salesforce and other Customer Relationship Management (CRM) software with a primary focus on managing sales pipelines.
Africa’s unique distribution landscape, characterized by complex supply chains, contributed to the distinct evolution of SFA on the continent. In contrast, the FMCG sector in the developed economies, such as US and Japan, relied heavily on modern retail channels, prompting manufacturers to establish online order-taking platforms connecting them directly with retailers as early as the late 1990s. In Asia, SFA evolution mirrored that of Africa, with a stronger emphasis on order taking automation. For example, in Indonesia, local developers concentrated on creating order-taking apps for smartphones used by sales representatives. As SFA usage became more prevalent, its functionalities and applications evolved to meet the specific needs of African markets.
Recent Trends of SFA
Nowadays, as the use of SFA becomes more common, manufacturers in Africa are finding ways to stand out by using SFA in more advanced ways. Here are some of the recent trends we’re seeing:
Deeper Insights: Manufacturers in Africa now expect more in-depth insights from the data collected through SFA. They seek customization options to extract valuable information aligned with their specific strategies.
Strategic Actions: SFA is increasingly being utilized to execute strategic actions, such as implementing dynamic pricing policies and promotions based on real-time inventory status.
Integrated “Data Hub”: As manufacturers adopt various IT services, integrating SFA with surrounding systems has become commonplace. This includes integrating with SMS and marketing tools, accounting systems, and Enterprise Resource Planning (ERP) software. Such integration eliminates redundancies and improves transparency across the organization.
Consolidation with HR Operations: There is a growing trend of increased engagement between HR teams and sales operations. Sales outcomes are more strongly linked to employee incentives and payments, leading to a greater need for SFA functionalities that assist with checking working hours and related HR tasks.
Distribution Management: SFA is increasingly used to manage distributors effectively. This includes checking inventory balances and automating purchases from distributors, as well as monitoring the performance of field staff.
Keys to Success in SFA Implementation
Now, let’s explore the key factors for successful SFA implementation. Over the years, we have learned from numerous cases of failed SFA introductions. Here are the essential elements to ensure a successful SFA implementation:
Strong commitment of management: The successful implementation of SFA relies on the strong commitment of management. While SFA simplifies the work of field staff and provides accurate reporting of their efforts, not all employees may be initially receptive to using SFA. Without robust management support, these initiatives often end in failure.
Alignment on expected outcomes: When implementing SFA, it’s important to align on the expected outcomes. As SFA systems become more advanced, it can be challenging to ensure that everyone has the same objectives. If management has multiple objectives without clear priorities, it can lead to unsuccessful outcomes.
Comprehensive budgeting: Manufacturers must allocate budgets to cover the purchase of mobile phones and internet bundles for sales representatives to access and use SFA. Additionally, the overall budget should account for SFA implementation.
Choose a supplier with local support and technical expertise: One of the common pitfalls in introducing foreign SFA services is the lack of timely support. It is crucial to select a supplier that offers responsive local support and values feedback from customers outside their own country. Strong technical expertise is also essential to ensure a seamless user experience and prevent usability issues.
Why SENRI is Chosen?
SENRI, a leading provider of SFA stands out not only for its wide range of functionalities but also for the depth of its features, setting it apart from other providers in the market. Here are a few examples that highlight SENRI’s advanced functionality and commitment to strong local customer support, stands out for several reasons:
Comprehensive functionalities: SENRI offers a comprehensive suite of functions, including tracking, order taking, merchandising, scheduling, and inventory management. What sets SENRI apart is not only the breadth but also the depth of its functions. For example, SENRI provides the capability to identify fake GPS usage, a critical feature given the prevalence of such practices in recent years. The platform also proactively checks customer usage to identify potential issues that need to be addressed.
Advanced functionality that evolves daily: SENRI invests in a dedicated technical team to meet the evolving demands of manufacturers. With recent developments in machine learning, SENRI’s SFA solution enables sales representatives to optimize their route planning and improve communication with retailers. Additionally, SENRI continually adds new functions for business intelligence, enhancing data-driven decision-making.
Strong local customer support: SENRI is committed to supporting its customers until they succeed. The company’s team goes the extra mile to understand each customer’s unique requirements and provides customized solutions. With their local presence and expertise, SENRI ensures prompt and effective support, resolving any issues that may arise during implementation and beyond.
Conclusion
Sales Force Automation (SFA) has emerged as a game-changer for manufacturers and distributors in Africa, addressing the challenges posed by the continent’s distribution landscape. The evolution of SFA in Africa, fueled by the widespread adoption of smartphones, has enabled businesses to streamline sales operations, monitor field staff activities, and enhance their reach to retailers. As manufacturers increasingly seek deeper insights, strategic actions, and integration with other systems, the role of SFA has expanded to encompass a wide range of functionalities.
In this dynamic landscape, SENRI has established itself as a leading SFA provider in Africa. With its comprehensive suite of functions, advanced features driven by machine learning, and strong local customer support, SENRI offers a compelling solution for manufacturers and distributors. By leveraging SENRI’s SFA platform, businesses can gain deeper insights, execute strategic actions, integrate with other systems, and effectively manage their distribution network. As the African market continues to evolve, SENRI’s commitment to innovation and customer success positions it as a trusted partner for businesses navigating the complexities of sales automation in Africa.
RightCard Payment Services Limited, a Lemonade Technology Inc. subsidiary, is proud to announce that it has obtained an International Money Transfer Operator (IMTO) license from the Central Bank of Nigeria (CBN). This milestone achievement demonstrates Lemonade Technology Inc’s (LemFi) commitment to providing secure and efficient services while complying with the regulatory framework set by the Central Bank of Nigeria.
As a licensed IMTO provider in Nigeria, RightCard Payment Services can now partner directly with banks, without intermediaries to offer its services in Nigeria which in turn enables a much better experience for customers sending money to Nigeria.
LemFi is already licensed as an Electronic Money Institution with the Financial Conduct Authority in the United Kingdom. Building on its global success and expertise, RightCard brings its innovative digital money transfer services to customers in various markets through the LemFi app.
LemFi’s user-friendly platform, with competitive exchange rates and fast transactions, has made it a preferred choice for millions of customers in the United Kingdom, Canada and the United States. Commenting on the license acquisition, LemFi’s Country Manager, Dolapo Omotoso, stated, “We are delighted that RightCard has received its CBN’s license, which is a testament to our commitment to compliance and dedication to serving the Nigerian market. This milestone strengthens our position as a leading international money transfer operator and demonstrates our goal of empowering individuals by providing seamless, secure, and affordable money transfer services.”
If you require additional information and updates, please visit our website at www.lemfi.com or write to us at “compliance@lemfi.com”
Join us on this exciting journey and stay connected with the latest news and developments by following us on social media and contacting our support team.
Facebook: UseLemFi
Instagram: @UseLemFi
Twitter: @UseLemFi
Thank you for your continued support.
Both the Pepe (PEPE) and Dogecoin (DOGE) market capitalizations are on the rise once more. The recent rallies in memecoins has the potential for these coins to bounce back. Additionally, we take a closer look at the Tradecurve (TCRV) developments, a project now ending its Stage 4 presale.
Pepe (PEPE) has gained significant momentum recently, with its price experiencing a notable surge. This memecoin has garnered attention due to its vibrant community and the unique culture surrounding it.
Recently, an investor named osf_rekt spent 141 Ethereum, or over $265,000, on a purchase of 173B Pepe coins. After that, the Pepe coin price experienced a 6.2% pump. Currently, Pepe is trading hands at $0.000001655 with a market cap of $649M.
While the memecoin market is volatile, the Pepe coin’s recent rally demonstrates the potential for meme-based projects to attract interest. Because of this, bullish experts forecast a rise to $0.00000204 for Pepe by the end of 2023.
Dogecoin (DOGE) is no stranger to the spotlight, having garnered attention for its meme origins and celebrity endorsements. Despite its initial surge and subsequent price fluctuations, Dogecoin recently experienced a notable price surge, reigniting the interest of investors.
In Dogecoin news, the crypto soared following a judge ruling that stated XRP was not a security (in most cases). Over the past week alone, Dogecoin rose by 13.6%. This bullish trend has continued, with the Dogecoin price now at $0.07378, up 4.71% overnight.
Market analysts believe that Dogecoin has the potential to reach $0.088 by December 2023. However, it is essential to exercise caution when investing in memecoins, as hype can influence their value.
Tradecurve (TCRV): A Hybrid Exchange on the Horizon
While the memecoin market remains volatile, the cryptocurrency industry continues to evolve with groundbreaking projects like Tradecurve (TCRV). Combining the best features of CEX and DEX, this hybrid exchange has captured the interest of traders seeking innovative platforms. As Tradecurve’s Stage 4 nears its end, traders anticipate this unique platform’s launch.
Unique Set of Features
Unlike traditional trading platforms like Binance and Coinbase, Tradecurve provides deep liquidity, access to multiple asset classes, and anonymity. Firstly, on this borderless platform, users can trade all derivatives on a single account – forex, stocks, bonds, cryptocurrencies, and more.
Secondly, Tradecurve does not require any sign-up KYC checks. In other words, all traders remain anonymous as they do not have to divulge personal information when creating an account. Open an account using an email, link it to a crypto wallet, and choose which crypto to use as collateral.
And lastly, both experienced and novice traders will find something appealing in Tradecurve. Features such as copy trading and the ability to subscribe to AI trading bots will ensure that. Individuals are drawn to these features as over 14,000 users have registered for Tradecurve so far.
A Presale for the Ages
The tradecurve presale is in Stage 4, which is 75.99% complete. The platform’s native token, TCRV, has a value of $0.018 – an 80% rise from its starting price. However, when Stage 5 begins next week, a 40% surge is expected.
Tradecurve has more growth potential than Pepe and Dogecoin due to its ties to the forex market. This market was valued at $753.2B in 2022, and tapping into just 1% of it may generate millions. For this reason, many experts believe TCRV could have a higher growth ceiling. With predictions of a 50x growth before its presale ends, now is the perfect time to purchase it.
For more information about the Tradecurve presale:
Abuja – Global Tech Africa (GTA), an initiative of the Future Map Foundation designed and implemented by Ascend Studios Foundation; and in partnership with the National Information Technology Development Agency (NITDA) and the U.S. Consulate General, Lagos launches in Nigeria. The Conference is designed to bring together African and international stakeholders in Tech, unlock growth opportunities, and build the tech ecosystem in Africa. Other partners include Business Sweden, Venture Garden Group, RivExcel Health, and other Tech Giants across the world.
Africa is poised to play a critical role in the global tech ecosystem, providing innovation, talent, and new market opportunities in areas such as mobile technology, e-commerce, fintech, ag-tech, and the digital economy. The Director General of NITDA,Inuwa Kashifu Abdullahi emphasises the opportunities GTA can bring to Africa with Nigeria playing a significant role in driving the growth of the African tech ecosystem “Nigeria’s tech prowess ignites a flame of innovation that illuminates Africa’s path towards a prosperous digital future, fostering job creation and driving economic growth across the continent. Leveraging Nigeria’s youthful and tech-savvy population, favorable legislations, and policies, the country is well positioned to become Africa’s leading digital technology hub”
The United States has been a key partner to Nigeria in providing an enabling environment for the Tech ecosystem. “The U.S. Mission Nigeria will continue to promote partnerships that advance the development of Nigeria’s tech and startup ecosystem to catalyze technological progress and promote a more robust U.S.-Nigeria trade and investment relationship. Nigeria is rapidly being recognized by global tech companies as a center for tech talent and innovation and the U.S. Mission is committed to working with U.S. and Nigerian tech companies to harness this great potential.” – U.S. Consul General Will Stevens.
A GTA Summit will take place in Lagos on the 25th of July 2023 with 300 tech stakeholders from the private, public, and development sectors. The summit will be followed by the GTA Conference in Lagos, Nigeria between the 17th and 20th of November 2023.
Speaking to the opportunities GTA will give to participants and attendees, Dr. Inya Lawal, the president of Ascend Studios Foundation and implementation partner for GTA, and Abdulsalam Umar, COO of Future Map affirm that GTA will attract support from private, public, and development sectors to explore opportunities for tech infrastructure and investment, support for start-ups, grants/seed investment as it also enables increased participation and growth of Women and Girls in the Tech Ecosystem.
The GTA conference will provide a platform for stakeholders, including investors, regulators, consumers, academia, and the general public, to engage in discussions and explore opportunities for collaboration to shape the future of Africa’s tech landscape. The conference’s structure includes plenary sessions, breakout sessions, pitch competitions, exhibitions, sideline networking, and cocktail sessions.
Exposing the opportunities in the Nigerian Start-Up ACT and its offerings, with GTA as a meeting forum, the summit and conference will provide a platform for investors, regulators, and entrepreneurs to explore investment and global partnership opportunities.
GTA will provide a platform for consumers, enthusiasts, and the general public to engage with and learn from technology experts and practitioners – showcasing the latest technology trends in Africa and providing insights into future trends and innovations.
Onebuxx by Advansio is an advanced digital banking engine, the ultimate solution that empowers banks and other financial institutions to seamlessly transition from traditional services to cutting-edge digital offerings. With our innovative platform, banks can enhance their customer experience and streamline operations while staying ahead in the digital era.
One of the standout features of our digital banking engine is its customer-centric approach. Gone are the days of time-consuming in-person visits to the bank. Customers can now onboard themselves entirely online, from the comfort of their homes. Our user-friendly interface ensures a smooth and hassle-free onboarding process, eliminating unnecessary paperwork and reducing wait times.
Embracing the lifestyle and social banking trend, Onebuxx connects banking with daily life seamlessly. Customers can handle their financial matters effortlessly while integrating lifestyle activities into their banking routine. Whether it’s booking flight tickets, making airline reservations, managing gym payments, or other lifestyle activities, our digital banking engine makes it all possible with a few simple taps on their devices.
To further empower customers, our personal finance manager puts them in control of their finances like never before. By providing powerful budgeting tools, spending trackers, and personalized financial insights, customers can easily monitor their expenses, set savings goals, and make informed financial decisions with ease.
OneBuxx is gaining significant traction among leading banks in the region, with prominent implementations in Nigeria and Gambia. This article explores the impact of Advansio’s OneBuxx on the African banking sector and highlights its key features and benefits.
Prominent Implementations in Nigeria and Gambia:
OneBuxx has gained significant recognition and adoption in Africa, with leading banks in Nigeria such as Taj Bank Nigeria and Bloom Bank Gambia leveraging its capabilities to transform their digital banking offerings.
Implementation in Nigeria:
In Nigeria, one of Africa’s largest economies, Taj Bank has integrated OneBuxx into its existing banking infrastructure. The implementation has allowed the bank to offer its customers a wide range of digital banking services, including instant payments, fund transfers, agency banking, and personalized financial management tools. The adoption of OneBuxx has enabled the bank to streamline its operations, reduce costs, and provide a secure and convenient digital banking experience.
OneBuxx Powers ‘‘Taj Way’’ the Digital Bank of Taj Bank which the bank recently launched in June 2023.
Implementation in Gambia:
Similarly, in Gambia, a leading bank, Bloom Bank Africa has partnered with Advansio to implement OneBuxx. This implementation has empowered the bank to overcome traditional banking constraints and deliver modern financial services to its customers. With OneBuxx, the bank can offer features such as mobile banking, digital wallets, and real-time transaction tracking, fostering financial inclusion and driving the country’s digital transformation.
Key Features and Benefits:
100% Self-Onboarding: With OneBuxx customers opening their own bank account has never been easier. With our app’s seamless interface, customers can effortlessly create personalized accounts in just a few clicks. No more paperwork or waiting in lines. Simply enter your details, verify your identity, and you’re all set to enjoy a range of cutting-edge banking services at your fingertips.
Personal Finance Manager: Your Personal Finance Companion Awaits! Discover our Personal Finance Manager feature on OneBuxx. Take charge of your financial well-being like never before. Seamlessly track your income and expenses, set budget goals, and save for the future, all in one place. With our intuitive tools and real-time insights, managing your finances has never been this effortless. Empower yourself to make smarter financial decisions and embark on a journey toward financial freedom with our Personal Finance Manager at your side
Lifestyle / Social Banking: Live the Good Life with our Lifestyle Banking Feature on OneBuxx; simplify your travel plans with seamless hotel bookings and flight reservations, and stay effortlessly fit by conveniently managing gym payments and indulging in lifestyle experiences at the flick of your fingertips. Elevate your banking experience and embrace the freedom of hassle-free living.
Seamless Integration: OneBuxx offers a modular and flexible architecture, enabling easy integration with existing banking systems. This allows banks to leverage their current infrastructure investments while enhancing their digital capabilities.
Enhanced Customer Experience: By utilizing OneBuxx, banks can provide their customers with a user-friendly and feature-rich digital banking experience. The platform offers intuitive interfaces, personalized dashboards, and real-time notifications, ensuring convenience and satisfaction for users.
Increased Efficiency: OneBuxx automates numerous banking processes, reducing manual intervention and improving operational efficiency. Banks can optimize transaction processing, streamline back-office operations, and minimize errors, leading to cost savings and enhanced productivity.
Robust Security: Security is a top priority in digital banking. OneBuxx incorporates advanced security measures, such as multi-factor authentication, encryption, and fraud detection systems, ensuring the protection of customer data and transactions.
OneBuxx has achieved a $ 3.5B+ transactionVolume of 4 million+ Transactions in less than a year.
As more banks in Africa adopt OneBuxx, the continent’s banking sector is poised for a significant transformation, fostering financial inclusion, and driving economic growth.
In an era defined by rapid technological advancements and unpredictable economic landscapes, businesses across the globe are seeking innovative ways to thrive amidst uncertainty. In this dynamic environment, harnessing digital growth channels with Meta technologies has emerged as a beacon of hope, enabling brands and businesses to unlock new opportunities and propel their success even during challenging times, particularly in emerging markets.
Ad Dynamo is the Meta Authorized Sales Partner in Nigeria, and Jesudetan Onasanya leads the team that provides hands-on support to advertisers, helping unlock the power of advertising. They provide education and facilitate the implementation of best practices to ensure optimal results for advertisers on Meta.
The economic downturns experienced in recent years have emphasized the importance of adapting to change and embracing digital transformation. Traditional business models have been disrupted, and companies that were quick to embrace digital channels, specifically leveraging Meta technologies, have not only survived but also thrived, gaining a competitive edge over their counterparts.
Delivering a keynote speech at the recent Httpool Digital Playground in Tirana, Albania, industry leaders and digital specialists from Albania, Montenegro, Kosovo, and Macedonia gathered with Jesudetan to discuss the power of omnichannel strategies in driving growth and retention for businesses. The focus was on meeting the evolving customer expectations for seamless and convenient shopping journeys, which include personalization, immersion, business messaging,
and flexible fulfillment options. By leveraging Meta’s suite of solutions, businesses can create remarkable customer experiences that drive loyalty and propel growth.
Also, speaking on a panel at the first Appsflyer event in Nigeria, Jesudetan Onasanya highlighted how growth marketers can leverage Advantage+ App Campaigns with Meta’s powerful machine learning and automated systems. This enables advertisers to optimize app install ads, scale campaigns with sustained performance, and work more efficiently, ultimately driving increased app installs, user engagement, and retention rates.
Some of Meta’s key products include Business Messaging to drive conversational commerce, CAPI (Conversion API) to mitigate signal loss, Reels to amplify content within Nigeria’s robust mobile-first market, and Performance Solutions that offer numerous advantages, such as enhanced customer reach, increased ad performance, and lower cost per action (CPA). Advertisers can leverage these features to tap into the growing app market, drive user engagement, improve retention rates, and achieve revenue growth even in the face of economic uncertainty.
Cost of Meta ads have reached a three year low
Meta CPM keeps getting lower and lower. After two consecutive quarters of declining CPM, it is now 41% cheaper YoY. Advertisers are benefitting from reduced competition on the platform and a shift back to offline following the pandemic. Increased supply of impressions due to Reels, and greater adoption of broad audiences and ASC (Advantage+ Shopping Campaigns), are further reducing CPM. Combined with improved CVR (Conversion Rate), this is driving 32% lower CPA YoY.
In conclusion, economic uncertainties need not be viewed as insurmountable challenges, and the response need not be to pull back advertising efforts, in fact this is the time to double-down on advertising with Meta. By harnessing digital growth channels with Meta technologies, businesses operating in emerging markets can transform adversity into opportunity. Embracing digital transformation, expanding customer reach, optimizing operations, and diversifying revenue streams empower organizations to thrive even in the most precarious economic conditions.
About Jesudetan Onasanya:
Jesudetan Onasanya, arpa is a leading figure in driving digital transformation with Meta at Ad Dynamo by Aleph, a prominent global enabler of digital advertising in emerging countries. With a team of industry experts and a proven track record of success, Ad Dynamo by Aleph provides hands-on support to help brands and agencies unlock the full power of digital advertising
In this article, we will explore the pros of remote employee tracking and the best software you can use as a manager.
Hello, Productivity.
Remote employee tracking software can help employers better understand how their teams are spending their time. As a result, managers can identify key potential areas for process improvement to help make the lives of their teams easier. By monitoring work patterns, employers can identify bottlenecks, inefficiencies, and areas where employees may need additional support or training. This data-driven approach can help make remote tracking seem less like a “big brother” initiative and change the conversation to one centered around overall productivity.
Get What You Pay For
Tracking tools such Insightful as can help organizations in measuring the time spent on specific tasks or projects, so that they can allocate resources more effectively. Especially in today’s economy, making the most of every dime spent counts. Remote employee tracking helps identify employees who consistently go above and beyond, enabling fair recognition and reward systems, too. This will help with retention and reduce overall team attrition. Additionally, tracking and monitoring remote employees can help facilitate accurate billing for clients or projects based on actual work hours.
A Focus on Security
For remote industries that handle sensitive data or require compliance with regulatory standards, employee tracking services such as Insightful can help ensure data security and compliance. Customers and employees want to be confident that their work and information are safe, which can become increasingly complex as organizations go remote. By monitoring access to sensitive information and tracking employee movement, organizations can reduce the risk of data breaches and give everyone a bit more peace of mind.
Clarity Around Communication
Being transparent with employees about using software such as Insightful can help to foster trust and maintain employee morale. Organizations should have open and transparent communication about the purpose of remote employee tracking and how this practice can be beneficial for individuals. As a result of open communication around employee tracking, workforces will have more trust in leadership and be more likely to give positive engagement scores, stay with the company, and recommend the organization to a friend or colleague.
A Change for Employee Engagement
Remote employee tracking also opens up the opportunity for companies to include employees in discussions about remote policies. This can help foster a sense of ownership among the workforce. By soliciting feedback and creating an environment where employees feel comfortable expressing their opinions and suggestions, productivity and happiness are sure to improve.
Remote employee tracking is a valuable tool for organizations that are seeking insights into productivity, resource management, and security. By implementing these tools with care, and respecting employees’ privacy and well-being, introducing systems such as Insightful can help create a balance of productivity and trust. Be sure to check out the Insightful website to learn more.
Consensys, a leading blockchain and Web3 software technology company, has been going through a rebranding process recently starting with a 3D logo change. Consensys was founded by one of the creators of Ethereum, Joe Lubin. The idea behind the creation of Ethereum was the desire to expand the capabilities of blockchain technology—which is just a ledger—beyond simple financial transactions. Based on the knowledge of how blockchain technology works the creators realised that by imputing logic (a programming language now called Solidity) into the blockchain, they can go beyond just updating a ledger to creating a base layer that can support the development of decentralised applications (dApps) and smart contracts. Post Ethereum, Joe Lubin decided to build the ecosystem by directly investing and building a range of different projects on the Ethereum blockchain.
Consensys started as an incubator for blockchain startups but has now become a unified software company that provides a suite of Ethereum products for builders. Two core projects that have come from this are Infura; which is an endpoint that helps users send transactions to the blockchain and MetaMask; which is a crypto wallet and the gateway app many people use to interact with the blockchain.
The core of this rebrand is to emphasise the focus on builders. As the world changes and blockchain products rise, fall, and become embedded in daily human life, Consensys is leading the charge in this change by creating products and services that encourage the builders of this new world to keep innovating. One way they’re doing this is with the ongoing Not Another Virtual Hackathon (NAVH) dedicated to Web3 developers, NFT artists, students, community builders, product specialists, and all innovators. I had a sit down with Samuel Akpan, Strategic partnerships and PR lead at Consensys Nigeria, to discuss what this rebrand means and this exciting ongoing hackathon.
What inspired this rebrand of Consensys? We realised that we hadn’t done a rebranding for a very long time. Consensys has been seen as this Ethereum incubator and that is not really the case anymore. If you look at the trajectory of crypto also, you’ll see that it has come a long way from the very early days of Bitcoin and Ethereum. One thing that led to that is the empowerment of the builder and we at Consensys feel that was our value. So one way that we felt we could translate our values into our identity, based on this commitment to building, was to rebrand. We want to further this empowerment of the builders similarly to how Nike treats everyone as an athlete—every single person can be an athlete, it doesn’t matter what size you are. At Consensys, our view and our vision of the world is anyone and everyone is a builder. Since we’ve never done a rebranding since founding, this rebrand gave us the opportunity to align ourselves more with our values and that is directly articulated into our mission, which is to inspire and empower the builder in everyone.
So what you’re saying is that with this rebrand nothing specific has changed but rather you want to be more visible to your community?
Exactly. So like I said earlier, we see a Web3 paradigm shift where everyone and anyone is building and is capable of being a builder. This rebrand is a nod to say, “Hey, we see you, we recognise you, and we are aligned. We buy into that paradigm shift that we see, we want to be part of that, we want to encourage you to build, and we have the product suite of tools that can enable you to build” So we are signalling to builders to let them know that Consensys is the one-stop-shop that you need to get started with building in crypto. Whether you are a user, a developer, an organisation, or a country, everything and anything you need is at Consensys. We are encouraging you to build similarly to how Nike encourages any and everyone to run.
Speaking of Web3, what would you say is the next phase or the future for Web3 and blockchain technology now that global interests and use for its most popular products, cryptocurrencies and NFTs, has waned and some people think of these as failed products?
I take a different view. I do not care about the commentary that assumes that prices are the best way to define the success or failure of an ecosystem. If you look at the developer activity in crypto, there hasn’t been any impact from any of these events from 2022. I think developers and people who are building apps and trying to get the next billion users in crypto are naturally built and ready for bear markets. If you look at activities on chain and if you look at the number of people that are transacting and engaging in cryptocurrency activities—this can be either buying and selling of tokens, buying and trading of NFTs, or deploying smart contracts on different blockchains—you will see that we have a very strong and healthy activity regardless of the ups and downs or the price movements. If you also look at the number of blockchains that have been deployed, in 2023 alone we have had a number of ZK layer-2 rollups that have gone live despite what may be the popular narrative about crypto being dead. I think what has just happened is that a lot of the noise has been drained out of the system but when you look beneath the surface, the demand is still there. And so, I do not share that view at all.
Let’s talk about the ongoing hackathon. We’ve seen a lot of virtual hackathons so what do you want Nigerians to know about Not Another Virtual Hackathon? The most important thing that I really want is for Nigerians to apply. We have technical challenges for a lot of our different products, from Linear to MetaMask, to Infura, to the MetaMask SDK. There are also lots of prizes from $10,000 up to a $37,500 pool. It is a global initiative, so it’s not just meant for people in North America, or Asia. The most important thing is to encourage builders, whether you are a developer or whether you’re just looking to create a course on teaching people how to do things in crypto, you can do anything that you think is possible, just visit the website and get in it. Web3 is an open ecosystem, you don’t need to be KYCed and you don’t need to prove that you are from x country or x personality to participate, it’s open to everyone. My message is to encourage as many Nigerians as possible to just apply and you never know what could happen from there.
What are you excited about concerning this hackathon? What are you hopeful that this hackathon will do for your builders and the Web3 ecosystem? There are two things that I hope will happen. The first is that I hope we get a successful story similar to MetaMask in 2016, which actually started as a hackathon. I hope we get something similar that can onboard the next hundred to one billion users in crypto from this. A second thing that I’m hopeful for is that an African, preferably Nigerian, is part of whatever success stories come out of the hackathon.
About Samuel Akpan Samuel is a PR & marketing maven with seven years of experience building brands, leading communications and building partnerships in the Fast Moving Consumer Goods, entertainment, and luxury goods industry across sub-Saharan Africa, The US, and EMEA regions. He is bullish on the promise of Web3 and has working knowledge on many aspects of the Web3 space from DeFi to MEV.
He currently works in the PR and communications team at Consensys managing a portfolio of Consensys products including MetaMask, the world’s leading self-custodial Web3 wallet with over 30 Million Monthly Active Users.
Samuel recently managed the Champagnes portfolio at Louis Vuitton Moet Hennessy(LVMH) in Nigeria, where he secured over 20+ local, regional and international coverage for the launch of the Veuve Clicquot Bold Woman Initiative, achieving record-breaking metrics on the campaign—reaching over 18 million people within Nigeria, + 890,000 engagements and 40 million impressions.
Image source: The Guardian Nigeria
Tomorrow, July 20th 2023, TechCabal Insights is convening key stakeholders across the healthcare sector to discuss how technology can be leveraged to improve access to credit financing for PPMVs. Register here: https://bit.ly/TCLivejul21.
Patent and Proprietary Medicine Vendors(PPMVs) are the unsung heroes in Nigeria’s healthcare structure, playing an indispensable role in delivering healthcare services and making essential medicine accessible to millions. They are known as “persons without formal pharmacy training selling orthodox pharmaceutical products on a retail basis for profit” and act as the first point of care for the majority of the Nigerian population, providing basic medical services for both children and adults, especially in the underserved communities as a result of their accessibility, affordability.
In Nigeria, for instance, over half of Nigerians visit PPMVs for treatment when faced with symptoms of malaria. According to NDHS in 2018, 41% of family planning services were provided by the private sector of which 51% were accessed at private chemist/patent medicine stores. They provide a wide range of healthcare products and services including malaria and diarrhoea treatment as well as family planning services.
As vital healthcare providers, PPMVs face an array of challenges that hinder their capacity to function effectively. The prevalence of counterfeit and substandard medications, their limited health education, and the lack of a clear and consistent regulatory framework on the boundaries of their practices are persistent issues that pose a significant challenge to their effective practice.
However, one of the most pressing challenges faced by PPMVs is limited access to credit financing. Financial institutions often hesitate to extend credit to PPMVs due to perceived risks, lack of collateral, and limited credit histories. Consequently, many PPMVs are unable to expand their businesses, procure adequate inventory, or invest in essential resources. This financial constraint can hinder their ability to serve their communities effectively and stifle their potential for growth.
Addressing these challenges requires a multi-faceted approach, including access to credit schemes, improved regulation heightened public awareness, and collaborations with pharmaceutical companies to build a more robust, inclusive, and effective healthcare system for all its citizens.
Register here to listen to be a part of this conversation tomorrow at 11 AM (WAT). They will share insights and perspectives on empowering PPMVs to further strengthen healthcare inclusion in the country.
H1: “Decoding Arbitrage Betting: A Comprehensive Guide from My Experiences”
Description: Buckle up for an exciting ride into the sphere of sports betting, as I relay my thrilling journey through arbitrage betting. Grasp the nuances, tackle challenges, and reveal the tricks of the trade through my first-hand experiences.
Deciphering the Intricacies of Arbitrage Betting
Hey folks, before we get into the thick of things, let’s demystify what arbitrage betting really is. To put it simply, it’s a method where you cover all potential outcomes of an event, placing bets with different bookmakers to ensure a risk-free profit. It isn’t sorcery – it’s a blend of mathematics, probability, and a dash of vigilance. My starting point for odds comparison has always been Surebet official, a platform that provides diverse options.
Digging Deeper: The Why of Arbitrage Betting
So, why did I choose arbitrage betting over traditional betting? It’s all about the guarantee. While regular betting has its thrills, the lure of a sure win was irresistible. When done right, arbitrage betting can give you consistent returns, minimizing the chances of a devastating loss.
Must-Have Tools for Arbitrage Betting
In my betting journey, I discovered a few indispensable tools that I’d like to share. There are software solutions, commonly known as ‘arbitrage betting services’ or ‘surebet finders’, that are nothing short of a godsend. These programs find and signal arbitrage opportunities, saving precious time and allowing you to make quick, informed decisions.
The High-Stakes Game of Camouflage
Here’s a little secret: keeping off the bookmakers’ radar is almost an art form. The objective is to fly under the radar and blend in with the regular punters. Here’s my strategy:
Diversify Your Bookmakers: Don’t confine yourself to one or two bookmakers. Spreading your bets avoids drawing attention to your account.
Round Your Bets: Instead of placing odd amounts like $102.39, round off your bets to $100. It seems less calculated and thereby less suspicious.
The Not-So-Rosy Side: Understanding the Risks
Folks, arbitrage betting isn’t all sunshine and rainbows. It comes with its share of challenges. Fluctuating odds and account limitations are just a few roadblocks I’ve faced. But with experience comes wisdom, and I’ve learned to navigate these hiccups successfully.
Memorable Milestones in My Arbitrage Betting Journey
Looking back, there have been a few defining moments that have made my arbitrage betting journey worthwhile:
First Profitable Bet: Trust me, nothing can match the adrenaline rush when you strike your first profitable arbitrage bet – it’s a truly transformative moment!
The Jackpot Moment: There’s an indescribable joy when you stumble upon a significant arbitrage opportunity and bag a substantial profit. It’s pure exhilaration.
Cultivating a Betting Community: Beyond the wins, it’s the community of fellow punters that makes this journey truly rewarding. The camaraderie, the shared insights, and collective victories make every step of the journey more meaningful.
The Evolution of a Bettor: Betting Smarter, Not Harder
As I’ve matured as a bettor, I’ve realized that arbitrage betting is more than just a quick cash-grab. It’s a calculated, methodical approach that demands patience and perseverance. It’s been an enriching learning experience that has deepened my understanding of sports betting markets and odds.
Overcoming Challenges: Lessons Learned
Like any rewarding journey, my foray into arbitrage betting wasn’t without obstacles. Let’s go over some of the common hurdles that you might encounter along the way, and the solutions that worked for me:
1. Shifting Odds: Odds can change in the blink of an eye. I found that acting swiftly on arbitrage opportunities as soon as they arise was key to overcoming this.
2. Account Restrictions: Some bookmakers may limit your account if they suspect you’re arbitrage betting. To counter this, I varied my bets, sometimes deliberately placing a losing bet just to appear as a casual bettor.
Tips for Aspiring Arbitrage Bettors
With all said and done, let’s take a moment to reflect on some of the key takeaways from my journey:
1. Start Small: Don’t rush in. Take your time to understand the process and start with smaller bets.
2. Stay Organized: Keep track of all your bets, outcomes, and profits. This will help you evaluate your strategy and make necessary adjustments.
3. Embrace Learning: The betting landscape is continually evolving. Stay open to learning and adapt to changes to keep your betting game strong.
Social Responsibility in Betting
Lastly, I’d like to underline the importance of responsible betting. While the thrill of a win can be exhilarating, it’s essential to remember that betting should be enjoyable and not a source of stress. Always bet within your means and know when to take a break. Betting responsibly is, ultimately, the most rewarding strategy.
The Future of Arbitrage Betting: A Look Ahead
With the rise of AI and machine learning, I believe the future of arbitrage betting holds immense promise. The use of predictive analytics and advanced algorithms could revolutionize the way we find and exploit arbitrage opportunities.
So, my fellow punters, I invite you to dive headfirst into the riveting world of arbitrage betting. Remember, the game isn’t about winning every single bet, but about sustaining victories in the long run. Good luck, and may the odds always be in your favor!
Since the COVID-19 pandemic, the e-commerce service industry has grown exponentially. From food deliveries to Instagram vendors and even supermarkets, almost every service has a doorstep delivery option. Food delivery services are particularly on the rise especially in major cities like Lagos and Abuja. According to data from the National Bureau of Statistics (NBS) residents in Lagos alone spent about N827 billion ($2 billion) eating out in 2019 and this represented 34% of total food expenditure in the state that year. These e-commerce options have made it easier to automate and simplify daily activities, especially in bustling and active cities like Port Harcourt and Lagos. The only problem with these systems is that oftentimes to get food delivered to you have to download an app or sign in to a web page and register before the process begins. Sometimes apps have glitches and sometimes an app might not be available for your phone’s operating system. On the other hand, signing up online is an even longer process and this defeats the point of getting food delivered, which is something people do for speed and convenience.
To mitigate this, Kilimanjaro restaurant has launched a Whatsapp chatbot for food deliveries called Lulu. It’s the first brick-and-mortar restaurant to employ this technology. This chatbot helps customers chat their way through deliveries and have their items delivered in a faster and easier way. If you’ve ever been hungry and the food ordering process seemed to take too long, or you’re not too keen on downloading a new food app to add to the dozens of apps eating up space on your phone, then this chatbot is for you. This feature was introduced to improve customer experience and make Kilimanjaro’s variety of delicious local food options more accessible to their customers. Most people already have Whatsapp on their phones and with Lulu, all you have to do is save a number and start ordering instead of downloading and registering on an app. This is an added layer of convenience for most customers.
The process of interacting with Lulu is pretty straightforward
Lulu handles deliveries, complaints, and inquiries and its response time is under a minute. To make an order all you need to do is;
say “Hi” to Lulu and click “Place an order” under the list of services.
Pick a restaurant; The bot will ask for your location directly so it’ll find the closest Kilimanjaro restaurant to place your order. Lulu then shows you a list of available items.
You add what you want to your cart.
Pick between delivery or pickup.
Finally, you choose to pay on delivery or pay online.
For delivery, Lulu asks for your name and number and the specific location you want it delivered to. You insert these and just like that, your food is on its way. The restaurant that got my delivery called me in under five minutes to confirm and stated the exact amount of time it’ll take to get to me. With Lulu, inquiries and deliveries are not only faster, they’re error-free. I loved being presented with available options quickly and efficiently without someone saying “Let me see what’s available and get back to you”. I also loved the easier checkout options and not having to download another delivery and logistics app.
Kilimanjaro Restaurant has established itself as a resilient and innovative company over the years. The company has lasted through multiple recessions in Nigeria and rising inflation while finding creative ways to make its customers’ lives easier. Now with Lulu, its services have been expanded to bring its customers a more convenient method of getting delicious food right at their doorstep. In a country with 10 million estimated WhatsApp users and counting, where people do everything from business to personal entertainment on Whatsapp, this chatbot is a great move in the right direction.
To get food delivered to you faster and easier just click here, say hi to Lulu, and get food right at your doorstep in a few minutes.
Africa’s leading B2B event servicing company Eventhive.ng announces the return of its annual Nigeria Fintech Forum in 2023.
The 2023 edition of the event is set to hold on the 3rd of August, 2023 at the Civic Center, Victoria Island, Lagos.
The event now in its 2nd edition is a high caliber Nigeria financial technology-focused conference, exhibitions, and networking platform. The event annually provides a veritable platform for discussions and deal-making between leading financial technology stakeholders. The event addresses key developments in the African fintech ecosystem while uncovering the countless opportunities within the Nigerian and African fintech markets.
Jamiu Ijaodola, CEO of Eventhive.ng, speaking about the event said: “This year, we are introducing new features to the event, including more stages, leaders forum, networking lounges, and workshops for participating individuals and Organizations at the event.”
He further added that “Nigeria Fintech Forum will bring together the most senior leaders across Nigeria’s Fintech and Banking, entrepreneurs, disruptors, innovators, investors, venture capitalists, and fintech enthusiasts with a view to exploring opportunities and navigating challenges within the fintech ecosystem focusing on areas such as fintech, deFi & Crypto, Investment, payment & banking, insure tech, government policies, digital ID & fraud and more.”
WHO WOULD/ SHOULD ATTEND NIGERIA FINTECH FORUM
The audience expected at the Forum includes startups looking to leverage the forum to demonstrate their products and innovations in the industry. Also, entrepreneurs and financial service providers are looking to showcase their company’s products and offering at the event.
The event would entertain showcasing of products and services on the exhibition floor, offering these companies and founders the opportunity to showcase their capabilities and successes in front of industry leaders, raise funding for their company and gain unrivaled market penetration.
Nigeria Fintech Forum will host fintech leaders from the African ecosystem and their international counterparts, all in one place. The event provides an opportunity to network with key industry leaders including tech corporates, startup founders, fintech, investors, regulators, and other stakeholders leading the charge on accelerating investments into the ecosystem.
If your work resonates with fintech, payments or banking, this is where you should be. Book your seat via https://fintech.eventhive.ng
Over the years, the stories of several investors who became millionaires through cryptocurrency have flooded the news. One such story is the unbelievable journey of a Dogecoin (DOGE) investor who defied the odds and became a millionaire. Now, their sights are set on becoming a Tradecurve (TCRV) millionaire.
The Unbelievable Journey of a Dogecoin (DOGE) Millionaire
Dogecoin (DOGE), a meme coin, has gained significant attention and popularity over the years. The token has climbed its way to the largest memecoin by market capitalization. From January to May 2021, Dogecoin’s value skyrocketed by 7,500%, capturing the investors’ interest.
The surge in the price of Dogecoin ignited a wave of fascination and speculation among the general public. Several traders invested in the token with hopes of significant returns.
Among these traders was Glauber Contessoto, who managed to amass a fortune by using his life savings to buy Dogecoin. In February 2021, just before Dogecoin experienced its meteoric rise, Contessoto invested approximately $250,000. Despite the coin trading at $0.045 at that time, Contessoto was convinced of its significant price potential.
Within two months, Contessoto’s investment soared, transforming him into a crypto millionaire. At the peak of Dogecoin’s rally, his Dogecoin holdings rose to $3 million, a 12x ROI.
Unfortunately, Dogecoin experienced a sharp decline throughout the latter half of 2021, resulting in losses for many HODLers. Now the question is, will Dogecoin ever go back up? According to CoinMarketCap, Dogecoin (DOGE) is $0.065412 This represents a 0.08% Dogecoin price increase in the last 24 hours and a -3.14% price decline in the past week.
Next Goal Tradecurve (TCRV) Millionaire?
Currently, investors including the Dogecoin millionaire are bullish on Tradecurve (TCRV). They believe the project can mirror Dogecoin’s 7,500% price surge. So far, Tradecurve’s TCRV token has surged by 80% from its initial price of $0.010 to $0.018 within a few weeks.
Moreover, Tradecurve has sold millions of tokens attracting over 14,000 investors to its platform. At its current price of $0.018, Tradecurve presents an irresistible offer for investors to grow their holdings.
How High Can the Price of Tradecurve (TCRV) Go?
Tradecurve has already yielded 80% ROI, with an additional 40% coming in the next few days. However, it doesn’t compare to the forecasts of TCRV. Market experts have already forecasted a 5,000% price surge in the coming months as Tradecurve’s adoption continues to rise. This could mean TCRV could trade above $1 by the end of the year.
Tradecurve (TCRV): What Are The Benefits?
Tradecurve is poised to redefine the landscape by seamlessly merging the finest aspects of decentralized exchanges (DEXs) and centralized exchanges (CEXs). Users will have complete control over their private keys, and enjoy low fees, and anonymous trading. Unlike platforms such as OKX and Robinhood, Tradecurve does not have a strict KYC sign-up requirement.
Meanwhile, Tradecurve’s utility token, TCRV, has emerged as a star attraction, attracting considerable interest from savvy investors. TCRV holders enjoy benefits such as governance rights to vote on proposals, staking rewards, and discounts.
Visit the links below to get more information about Tradecurve and the TCRV token:
Glovo has announced the appointment of Lamide Akinola as the new General Manager (GM) of its Nigeria operations. Succeeding Lorenzo Mayol who has been reassigned as the Director of Brands for Glovo Sub-Saharan Africa, Lamide’s appointment took effect from July 1, 2023.
Lamide brings extensive industry and leadership experience, having worked across multiple markets in Africa over the last decade. Her journey with Glovo began in 2021 where she served as the Head of Q-commerce for Sub-Saharan Africa (SSA), a role where she demonstrated the capacity to lead the company to even greater heights as it continues to shape the future of retail in Africa. In her capacity as the Head of Q-commerce SSA, she drove the growth of the company’s digital marketplace for groceries, health and retail and scaled the company’s dark stores (Glovo Bargains) across the region.
Commenting on the appointment, Executive Director, Regional General Manager for Glovo Africa, Diego Nouet said, “I am pleased to welcome Lamide to her new role where her skills as a resilient leader and strategist will take Glovo Nigeria to the next level. We are confident in Lamide’s ability to sustain and scale Glovo’s expansion and our continued growth in Nigeria.”
On her part, Lamide Akinola, General Manager for Glovo Nigeria said, “I am excited to continue to drive the growth of Glovo in Nigeria and strengthen the company’s positive impact on businesses and couriers in the country. Our mission at Glovo is to shape the future of retail by creating a simple, fast, and convenient experience for consumers who buy anything online, and I am excited to be a part of the incredible team that will help deliver this goal.”
Before joining Glovo, Lamide served as a consultant at McKinsey & Company and was responsible for developing and implementing comprehensive strategies for some of the largest companies in Africa & Europe. Lamide holds an MBA from Stanford University and a Bachelor’s degree in Economics from University College London (UCL).
About Glovo
Glovo is a pioneering multi-category app connecting users with businesses, and couriers, offering on-demand services from local restaurants, grocers and supermarkets, and high street retail stores. Glovo’s vision is to give everyone easy access to everything within their city, so that our users can enjoy what they want, when they want, where they want. Founded in 2015 in Barcelona, it operates across 25 countries in Europe, Central Asia, and Africa.
Today, Africa’s leading provider of identity verification solutions, Smile Identity, announced its company-wide rebranding as Smile ID. Over the past few years, Smile ID has revolutionised African identity verification, conducting over 75 million identity verifications and building Africa’s most robust KYC/AML suite of products.
Mark Straub, CEO of Smile ID, shared, “KYC in Africa is evolving and maturing, and businesses need a lot more than identity verification – they need access to global AML and watchlists, they need to verify the IDs of people from around the world doing business in Africa, and they need to be able to support Africans as they travel. Over the last six months, we have made major investments in our platform, which we are rolling out this quarter in conjunction with our new brand; the refreshed brand simply reflects the improvements we have made in our products.
The simplification of our name to Smile ID embraces what many people already call us and moves us to a place where businesses can consolidate more services with one provider. For all things ID, we Unlock Digital Africa.”
A Fresh Brand Identity
The rebranding includes a new logo and a vibrant color palette, symbolising the company’s vision to provide unrestricted access to Africans by enabling global businesses to verify and onboard them easily. As Africa’s most ambitious and valuable companies partner with Smile ID, the lock to a secure future, one that digital trust is the norm, swings open.
Redesigned Website
The company has also launched a redesigned website (usesmileid.com) with a fresh look, improved user experience, and new resources on KYC regulations and best practices across Africa.
New Product Updates
In addition, as part of the rebrand, Smile ID is excited to announce several product updates:
New SDKs: Smile ID has released beta versions of new v10 SDKs for Android and iOS, designed for enhanced reliability, simplified integration, and powerful features.
Fraud Detection with Smile Secure: A new add-on tool that helps prevent fraud by notifying businesses if a user has previously signed up for their service.
KYC Web Links by Smile: A no-code tool enabling businesses to onboard users by sending a link to a pre-built web flow for capturing selfies, ID numbers, and document images.
The rebranding is effective immediately and will be implemented across the company’s product offerings and services.
For more information about Smile ID and its services, please visit www.usesmileid.com.
About Smile ID
Smile ID is Africa’s leading identity verification and digital KYC provider allowing businesses to remotely verify IDs in seconds while staying compliant and preventing fraud at scale. Smile ID’s technology is powered by proprietary Machine Learning algorithms designed specifically for African faces, devices and network connections.
ExpertDojo, a Venture Catalyst based in Santa Monica, California, is preparing African startups for Series A and beyond through its growth catalyst program.
Over the last decade, the world has grown from 43 unicorns to more than 1150 by 2022. Even though that figure is slightly lower this year, it still represents a more than 2,500% increase.
Africa’s unicorn growth has risen from 1 to 7 from 2019 to 2022, which, in my opinion, is poor for a continent of over 1.2 billion people but rich in opportunity.
ExpertDojo 2015 LA Startup Week ExpertDojo 2015 LA Startup Week
One of the reasons that Africa has not grown at the same rate as other regions of the world is not just because there is not the same level of venture ecosystem as in other regions (if that were the case, India would not have grown either), but because there is not enough knowledge on how to grow a venture-backed company extremely quickly.
ExpertDojo, a venture capital investment company, is looking to change that and has developed a growth program in which it not only invests in companies (up to $50k with a $1m follow on investment) but also works with them to build their growth trajectory and get them to the stage where they can execute towards scalability.
Expert Dojo’s growth strategy prioritizes not only technical support by developing a bulletproof product fit but also aggressive customer outreach and an inbound lead conversion element.
This enables better optimization of customer acquisition costs, allowing the startup to move faster to the next round. Secondly, the growth focus works backwards from Series A, quantifiably measuring the activities required today to achieve Series A on the date promised to current investors. Find out more about how our growth program works here.
Henry Ukoha Head of Africa Investment at Expert Dojo
The California-based Venture Catalyst has been investing in startups all over the world for the past four years, with over 250 startups in its portfolio, with Africa accounting for 14% of those. ExpertDojo invested in 26 African startups last year alone, making it one of the region’s most active investors, and we’re doubling down on our bet in Africa by enabling startups at all stages to stay on track for growth. Some of our select portfolio companies are Akiba Digital, Klasha, ThankYou Cash, Eden Life, Trueflutter, Dial Afrika, and more.
“Africa deserves better than a single-digit unicorn count,” says Brian McMahon, founder and general partner at ExpertDojo, and ExpertDojo has built the growth engine to accelerate this outcome.
Expert Dojo’s early-stage venture fund is currently open for applications here.
Technology Solutions company Fedha, today, announced the launch of Dole, a new, faster, and easier international money transfer service. Dole is set to change the way immigrants and their loved ones send and receive money internationally. With Dole, users can send money from their phones to phone numbers of family, friends, and business contacts anywhere in the world, simplifying the process of sending money across borders.
Dole provides an intuitive and user-friendly experience for people who want to send, receive and request money from friends and family who live across the world. Transfers are made using just a mobile phone number from within the Dole app. Anyone who has a working phone number in any part of the world will be able to send and receive money by using the Dole app.
“Being a person who lives outside my home country as well, it’s imperative to have a money transfer service that is easy, fast, and efficient. It’s a way to stay connected to family and loved ones who are based in my home country. Rather than having to memorize or save numerous bank account details, I can just use one of the most common and easy-to-remember numbers, their phone numbers, to make these international transfers.” said Babatunde Fashola, co-founder and CEO of Fedha, Dole’s parent company.
Dole is currently available in Canada and Nigeria. However, the ultimate goal is to expand availability globally, for anyone who needs to make quick, easy, free and secure international money transfers.
Bolu Aiki-Raji, co-founder and Head of Product at Fedha elated about the launch, said, “Dole will transform how people transact internationally by providing them with a secure, fast, easy and reliable way to send, receive and request money from their family and friends, anywhere in the world. I believe that our users will appreciate the convenience and security that using Dole brings.”
Dole does not charge any transaction fees for both the sender and the recipient. Some of the other benefits that Dole offers its users include; the option of setting up recurring transactions, sending fund requests to anyone in the world, a virtual dollar card that powers international payments and airtime recharge for its Nigerian users.
To get started with Dole, users can simply download the app from the Apple App Store or the Google Play store. create an account, and start sending money to Nigeria or Canada.
About Dole
Brought to you by Fedha, Dole is an app that makes it fast and easy to carry out international money transfers online. Today, it provides a secure, affordable, and user-friendly platform for transfers between Canada and Nigeria, customized virtual dollar cards for secure shopping around the world, and access to buy airtime instantly for family and friends. Users can fund their in-app wallets within minutes. To learn more about Dole, visit www.dole.app
About Fedha
Fedha is powering the future of fintech by delivering innovative financial solutions to individuals and businesses across the globe.
GrowthCon 1.0, the premier conference dedicated to empowering African business operators, executives, investors and enablers with the latest strategies and insights for driving sustained growth, is set to take place on the 21st and 22nd of July at the Balmoral Centre, Victoria Island, Lagos. This much-anticipated event will bring together industry professionals, thought leaders, and entrepreneurs from all around the world for two days of immersive learning, and networking.
With the theme ‘Sustained Growth’, GrowthCon 1.0 promises to deliver a unique and immersive experience that will leave attendees equipped with actionable strategies as well as concrete and implementable solutions to drive growth for the businesses they run and the ones they work at. The conference features a lineup of renowned speakers such as Olu Akanmu, President Opay Nigeria, Bayo Adedeji, Group CEO Wakanow, Babájídé Duroshola, Maya Horgan Famodu, Dr Ola Brown, Wiza Jalakasi, Peace Itimi, Joycee Awosika, Yemi Osindero, Goke Balogun among many others across various sectors who will share their expertise on salient topics.
Attendees can expect a diverse range of sessions, including panel discussions, masterclasses, workshops, fireside chats, hackathons, deal rooms, and demo rooms. These engaging sessions will deliver useful insights, practical information, and networking opportunities designed specifically for founders, industry operators, growth professionals and enthusiasts.
GrowthCon 1.0 will cover a wide range of growth-related topics, such as influencer marketing, data-driven decision making, customer acquisition techniques, scaling businesses in emerging markets, and leveraging technology for long-term business growth. Attendees will get a thorough grasp of the current trends and best practices in the ever-evolving landscape of business growth, with a focus on practical application and real-life examples.
“We are thrilled to launch GrowthCon 1.0, a conference designed to empower business professionals with the tools and knowledge they need to achieve sustained growth,” said Bola Lawal, the event convener and founder of Premia Business Network (PBN)—a community of entrepreneurs, investors and professionals building a business network in Africa and its diaspora—the organisers of Growthcon. “Our goal is to create an environment where attendees can learn from industry experts, connect with like-minded professionals, and leave with actionable insights to drive their businesses forward.”
GrowthCon 1.0 is open to business professionals of all levels, from entrepreneurs and startup founders, to industry operators, venture capitalists, mid-level managers and executives. Attendees will be able to interact with industry leaders, explore cutting-edge solutions in the demo rooms, and connect with potential partners and investors in the deal rooms.
Registration for GrowthCon 1.0 is open. Visit the official GrowthCon 1.0 website at www.growthcon.africa to register and peruse the program agenda.
About GrowthCon 1.0: GrowthCon 1.0 is a two-day conference, convened by Premia Business Network, focused on providing business professionals with actionable strategies and insights for sustainable growth. The conference brings together industry experts, thought leaders, and entrepreneurs to share their knowledge and experiences in various aspects of business growth.
Abdulsamod Balogun
Marketing Team Lead, GrowthCon 1.0
growthcon@premiabn.com
Amanda Madumere
Content & Storytelling Executive, Growthcon 1.0
growthcon@premiabn.com
Tech1M, an AI enterprise software for evaluating talents globally has launched its innovative product that revolutionises the standard of hiring for businesses.
Tech1M, at the Founders Connect Live event, introduced its enterprise software for businesses to evaluate, hire, and pay talents globally.
As a headline sponsor of the event organised to showcase the Nigerian startup ecosystem’s thriving innovation, creativity, and community, Tech1M leveraged the opportunity to announce its product that streamlines the hiring process for businesses.
In a captivating presentation, the CEO, Tommie Edwards, shed light on the innovative features and transformative potential of the product, leaving the audience awe-inspired.
“Our focus is not just about facilitating hiring but providing a comprehensive evaluation tool that is free of human biases and delivers on speed, efficiency, and fairness,” Tommie Edwards stated.
She further explained that Tech1M’s mission is to level the playing field, ensuring that every talent, no matter where they are, has a fair shot at the opportunities they deserve.
By seamlessly evaluating and hiring talent from anywhere in the world, Tech1M, which recently received funding from Techstars New York City powered by J.P. Morgan, is on a mission to address the global hiring challenge that over 400 million SMEs face.
Earlier at the Techstars Demo Day in New York (April 2023), Tommie Edwards proudly unveiled Tech1M as a revolutionary AI-powered enterprise software set to break talent boundaries and pave the way for a limitless future of work. With the partnership of businesses, Tech1M promises to create and foster an inclusive society while helping businesses hire 6X faster, cost-effectively, and efficiently, all on one platform.
Tech1M, since joining Techstars, boasts a 30% weekly growth rate, 12,000 users already on the platform, and 28+ partnerships with businesses.
With an array of engaging sessions, networking opportunities, and exciting raffle draws, Tech1M left an indelible impression on the attendees, offering all founders a $500 credit to spend on the platform once they signup, while talents got the chance to earn when they referred talents on the platform.
One of the highlights of the event was the thrilling raffle draws hosted by Tech1M, where talents had the opportunity to walk away with generous cash prizes and top-of-the-line gadgets. The raffle draws not only created an atmosphere of excitement and anticipation but also provided a platform to celebrate and recognize the exceptional talent present at the event.
With diverse topics and keynote sessions from notable founders in Nigeria, the event served as a melting pot of ideas, fostering an environment conducive to learning, collaboration, and empowerment.
About Tech1M
Tech1M is a leading enterprise software that empowers hiring managers to evaluate, hire, and pay talents globally. Through AI matching, video hiring, and other innovative features, it simplifies talent evaluation and enables seamless cross-border payments in 120 countries.
Tech1M is revolutionising the recruitment landscape by creating an ecosystem that facilitates efficient recruiting, repurposing, retraining, and retention of distributed teams.
One of the major attractions investors have to the cryptocurrency market is the possibility of making massive gains on their investments. However, with over 26,000 cryptos, investors are often unsure which digital asset to buy. However, experts believe that Shiba Inu (SHIB), Floki (FLOKI), and Tradecurve (TCRV) are the best cryptos investors can buy right now.
Activity On Shiba Inu (SHIB) Rises to Historic Highs
Shiba Inu (SHIB) might have started out as a meme coin, but the crypto has slowly been adding utility. In 2023, Shiba Inu launched a cold wallet, proposed several Shibarium upgrades, and launched a testnet for the Shiba Inu project. Along with the increasing utility of Shiba Inu, there has been an uptick in the activity on the network.
According to on-chain data, over the last two consecutive months, the Shiba Inu network growth has steadily increased. Santiment reported that the number of new users joining Shiba Inu has increased by 312% from two months ago. On July 6, 3,441 Shiba Inu users registered new wallet addresses.
Crypto market analysts have predicted that this increase could lead to a spike in the price of Shiba Inu in July, making it a great investment option.
Floki (FLOKI) Shows Bullish Signs
Another meme coin that has been showing remarkable signs of growth is Floki. In the last week, Floki (FLOKI) has partnered with a major crypto custodian, BitGo along with several exchange listings. The partnership with BitGo will help Floki foster the institutional adoption of the meme coin.
Many crypto analysts have called the recent development a major win for Floki. Their prediction is that as the institutional adoption of Floki (FLOKI) increases, the meme could go on a major bull run. Now trading at $0.00002458, the price of Floki is predicted to reach as high as $0.000050 before the end of the year, making it a better investment option than most cryptos.
Tradecurve (TCRV) Prepares for 40% Price Jump
While the crypto market struggled in most of June, Tradecurve (TCRV) was on a bull run. In June, Tradecurve ended with 80% gains, setting a new trading high of $0.018 in the process.
Tradecurve has managed to retain its bullish momentum in July. It even formed a bullish pattern which could see its price increase by as much as 40% in the coming week, making it one of the best crypto investments.
The platform Tradecurve has managed to defy the trend of the crypto market because it taps into the global derivatives market. It is several times larger than the crypto industry.
Tradecurve is building the first DeFi platform where users will be able to seamlessly trade a wide variety of financial instruments from the forex, stocks, commodities, options, and ETFs market.
Crypto analysts have further predicted that as Tradecurve’s share of the global derivatives market increases, the price of the token could spike by as much as 50X in 2023. This means Tradecurve could trade above $1 before the end of the year.
Visit the links below to get more information about Tradecurve and the TCRV token:
Vesti, the leading migration fintech in Africa, will provide a digital banking solution that eliminates location as a barrier for North America bound founders and businesses.
Today at Lagos Startup Week 2023, the Community Manager of Vesti, Laura Alagbada announced the launch of Vesti’s digital banking solution for US and Europe bound startups – Element by Vesti. This new solution means that businesses can expand their reach to new markets without having to worry about location-based barriers. Element by Vesti is specifically designed for business founders, entrepreneurs, high-net-worth individuals, and global leaders with registered businesses in the United States (and soon Europe), setting it apart from Vesti’s flagship offerings, the Vesti GlobalGeng Cards (Physical and Virtual Dollar Cards), available to all Vesti account holders. As part of Vesti’s mission of being the preferred provider of legal and financial services for immigrants from when people decide to emigrate, till when they arrive in a new country, and every minute after; the Community Manager announced the following features of the new product:
A standout feature of Element is its remarkable “send money” functionality, enabling users to effortlessly transfer funds to US bank accounts or other US dollar-denominated accounts. This feature also facilitates Element-to-Element transfers, allowing users to send money to other Element app users using their unique usernames.
Additionally, the “add money” feature empowers users to easily deposit funds into their Element accounts using debit cards from their home countries. Users with existing US bank cards or accounts can effortlessly link them to their Element accounts. Vesti users who share the same email address for both their Vesti and Element accounts can seamlessly transfer funds from their Vesti USD wallet to their Element accounts.
Moreover, Element offers the convenience of virtual cards for smooth online transactions and physical cards for in-person purchases, generating payment invoices and creating payment links.
In his words Olusola Amusan, Co-founder and CEO of Vesti, “Element is like Brex for made for African founders that are US Bound,” “Through extensive research and development, we have created a product that will truly transform the lifestyle of business owners, who are North America bound. Element brings together cutting-edge technology and user-centric design to empower our target audience with unmatched banking capabilities tailored for innovative companies.”
The Element by Vesti app is now available for download starting today on the App Store. For more details on each feature of Element by Vesti, please visit our website at wevesti.com .
ABOUT VESTI
Vesti’s vision is to be the go-to legal and financial services platform for the next 1 billion immigrants. The company is on a mission to be the preferred platform for immigrants before they emigrate, providing information, community and ultimately a smooth transition to immigrants. Through a set of tailored payment products, Vesti delivers hassle-free migration guidance and financial services to immigrants moving to the United States and other top destinations in North America and Europe. Founded by two brothers who immigrated to the United States, the company is backed by both Africa and US-based investors and boasts of a thriving community of dreamers who represent the next generation of builders.
Leading financial technology company Payfi, which specialises in Buy Now Pay Later (BNPL) services, has partnered with a trusted micro-savings and peer to peer payments platform Turbomoni, to launch its latest service. Together they have launched LendX, an innovative savings-as-collateral BNPL product.
This groundbreaking collaboration redefines shopping for Nigerians, especially those sceptical about receiving credit. For many Nigerians, making a purchase requires saving money long-term first and sometimes those savings are diminished by unplanned emergencies. This leaves them stuck in a circle where they can’t fully enjoy the money they work hard for and they also don’t truly get the benefits and payoff from denying themselves things so they can save. Now with LendX, they can enjoy the financial freedom to buy now and pay later with ease, while also experiencing the peace of mind that comes with watching their savings reach maturity.
With LendX, customers can now use their savings as collateral when they need to shop. What this means is that, instead of traditional collateral lending, savers on Turbomoni can leverage their hard-won savings to access Payfi’s BNPL services without having to break these savings and lose accrued interest. They can save while also enjoying the gratifying experience of seamless and immediate shopping. This is also a great opportunity for new users who want to access Payfi’s suite of BNPL services to sign-up. This innovative service revolutionises the concept of collateral lending and provides unprecedented financial flexibility for customers. Now Turbomoni and Payfi users can save while enjoying immense financial freedom.
In the past, Payfi has successfully launched several Buy Now Pay Later (BNPL) products and services in collaboration with prominent financial service providers. These collaborations help them to expand their reach and essential BNPL services to both businesses and individuals. This unique and innovative partnership with Turbo moni represents a significant leap forward in providing financial flexibility for customers. It also allows Payfi further its goal of helping Nigerians build wealth and ultimately providing financial freedom for all.
