African Export-Import Bank (Afreximbank) has intensified the push for more empowerment opportunities for youths in Africa, insisting that the future and relevance of the continent in global socio-economic discussions lies in its youths. President of the Bank, Benedict Okey Oramah, stated this at the 5th edition of youth summit organised by Grand Africa Initiative (GAIN),…
The Director General of the National Information Technology Development Agency (NITDA), Kashifu Inuwa, has called on policymakers to leverage the unique strengths of their states to drive economic prosperity. The NITDA Boss spoke at a capacity building Workshop held at FutureMap Academy, in Hadejia, Jigawa State focusing on the theme “AI for Office Productivity, Design…
Similar to 2023, 2024 has been a difficult year for funding tech startups in Africa as the industry continues to be impacted by the worldwide capital crisis. Although capital is beginning to flow back into the ecosystem, success stories are what will entice additional domestic and foreign investors to begin backing the continent’s digital sector….
The goal of the Scaling Women’s Economic Empowerment via Affirmative Procurement Reforms (SWEEP) initiative is to remove obstacles that restrict women-owned and led businesses (WOLBs) in Nigeria’s procurement industry. Despite making up 40% of Nigerian companies, women entrepreneurs have a difficult time getting public contracts, which limits their ability to have an economic influence. SWEEP,…
In an extraordinary display of excellence, Kingsley Ifeanyi Adonu, a leading MTN Nigeria partner from Enugu, has shattered records to claim the top prize at the 2024 MTN Nigeria Partners Award. Adonu emerged as the number one partner in airtime and data distribution across Nigeria, a monumental achievement that marks the first time a partner…
The Artificial Intelligence (AI) refers to the simulation of human intelligence in machines programmed to think, learn, and perform tasks typically requiring human cognitive functions. These tasks include problem-solving, decision-making, language understanding, vision, and more. In other words, Artificial Intelligence is the development of computer systems capable of performing tasks that would normally require human…
Similar to 2023, 2024 has been a difficult year for funding digital startups in Africa as the industry continues to be impacted by the worldwide capital crisis. However, we are hopeful that 2025 will be a better year because capital is beginning to flow back into the ecosystem. Here, we examine the ten most significant…
A six-month business growth program is being offered to African entrepreneurs and their senior management by Stanford Seed in partnership with the African Management Institute. The Aspire Business Growth Program gives entrepreneurs the tools, techniques, and practical skills they need to formalize business structures, spur growth, hire talent, diversify revenue sources, and create jobs. African…
Ozi , a pioneer community-driven delivery app, launches today, offering users a new way to send packages and earn extra cash. By connecting people traveling with those needing package delivery, Ozi turns everyday trips into profitable opportunities, aiming to disrupt the global parcel delivery industry, also known as the Courier, Express, and Parcel (CEP) market, currently…
Are you a woman entrepreneur ready to scale your business and secure the funding you need to scale? This is your moment! The Women Chamber of Commerce, Industry, Mines & Agriculture (WCCIMA), in collaboration with KVP Nigeria Project, brings you a transformative 3-month access to finance program designed to empower high-potential women entrepreneurs across Nigeria….
In search of investment and knowledge from the nation’s cutting-edge digital ecosystem, twenty bright young entrepreneurs from African technology ventures and enterprise support organizations have set out on a two-week study trip of the Republic of Korea. These young entrepreneurs were chosen by the Innovation and Entrepreneurship Lab of the African Development Bank Group (AfDB)…
50% Discount on Verified Lands Available March 8–14, 2025 Sytemap, a trusted leader in land acquisition and technology solutions, is thrilled to announce a groundbreaking initiative designed to empower women through affordable and secure land ownership. From March 8 to March 14, 2025, women—including professionals in Africa and the diaspora—will enjoy an exclusive 50% discount…
With the holiday season here, it’s not only a time for magic and celebration but also a prime opportunity for fraudsters to exploit the festive rush for gifts and bargains. Amid the sparkle of year-end celebrations, cybersecurity experts at Kaspersky have identified several prominent scams targeting consumers across various regions and languages. Fake holiday shops…
The third edition of the prestigious Art of Technology (AOT) Awards held recently at the Landmark Event Centre where the outstanding contributions of startups, ecosystem builders, and policymakers who have raised the bar in the creative and tech ecosystem were celebrated. Tubosun Alake, Honourable Commissioner for the Ministry of Innovation, Science, and Technology (MIST), Lagos…
The 6th edition of the highly anticipated Art of Technology (AOT) Lagos conference organized by the Eko Innovation Centre and powered by the Lagos State Ministry of Innovation, Science, and Technology, held recently at the prestigious Landmark Event Centre, Victoria Island, Lagos Themed “AI and the Lagos Digital Economy,” the event brought together leading voices…
In a significant step toward enhancing energy efficiency and air quality in commercial spaces, LG Electronics, a global pioneer in household and commercial electronics, unveiled its latest advancements in HVAC technology at the Annual LG HVAC Consultant Leaders’ Summit held in Lagos. The event spotlighted the company’s new commercial air conditioner, the Variable Refrigerant Flow (VRF)…
…100% of Sophos XDR detections for adversary activities targeting Windows and Linux devices provide rich analytic coverage and achieve the highest possible ratings Sophos, a global leader of innovative security solutions for defeating cyberattacks, today announced its strong results in the 2024 MITRE ATT&CK Evaluations: Enterprise. According to the report, Sophos XDR detected 100% of the…
Thanks to the availability of advanced technology, financial crimes are becoming more sophisticated and complex. From trade-based money laundering and human trafficking to GenAI-enhanced scams, the scale of financial crime today is unprecedented. Fortunately, artificial intelligence (AI), when used responsibly and ethically, can revolutionise the fight against these financial crimes. Of course, AI is not…
The National Information Technology Development Agency (NITDA) has underscored the critical role of data in driving a sustainable digital economy. At the just concluded 2024 Digital Nigeria Innovation Challenge, the agency emphasised the need for safe and responsible data utilisation. NITDA’s Director General, Kashifu Inuwa CCIE, who was represented by the Director of Information Technology…
Brand recognition is vital for building strong connections between companies and their customers, fostering trust, credibility, and long-term loyalty. For businesses, it enhances differentiation in competitive markets, while for customers, it assures quality and consistency. In this symbiotic relationship, brands and consumers thrive together, creating lasting mutual benefits. LG Electronics Nigeria exemplifies this dynamic by…
The 15th L’Oréal-UNESCO For Women in Science Young Talents Sub-Saharan Africa Awards have concluded with 30 winners, including five Nigerian scientists: Mary Idowu, Opeyemi Ojueromi, Blessing Olagunju, Joyce Etura, and Magdalene Udobi. Their innovative contributions to science and sustainable development in Africa are honored by the program. Idowu received recognition for her work encouraging sustainable…
PREO is currently accepting applications to assist sub-Saharan Africa in implementing Productive Uses of Renewable Energy (PURE). Businesses looking to test new ideas are welcome to apply for this open call. In sub-Saharan Africa, PURE business models are found in a variety of industries, such as—but not limited to—electric mobility for cab drivers and fishing…
The National Information Technology Development Agency (NITDA) is pleased to announce the release of a Whitepaper on the Framework for an Online Harms Protection Bill in Nigeria. This pivotal document was developed in collaboration with Advocacy for Policy and Innovation (API), an Africa-focused non-profit dedicated to advancing digital innovation and inclusive policy development. The whitepaper…
Techeconomy, a leading voice in Nigeria’s digital media space, has been awarded the Best Supportive Media Partner Presidential Award at the 7th .ng Awards. Organised by the Nigeria Internet Registration Association (NiRA), the event took place at the Muson Centre, Onikan, Lagos, and celebrated leaders who have leveraged the .ng domain to drive innovation, growth,…
As Northern African nations continue their rapid digital transformation, this expanding connectivity can be viewed both as a vital enabler and a vulnerability. As such, countries such as Egypt, Tunisia, Algeria, Libya and Morocco are witnessing a marked increase in DDoS (Distributed Denial of Service) attacks, underscoring the broader significance of the region’s cybersecurity needs. NETSCOUT’s 1H2024 DDoS Threat Intelligence…
…Gives free Phones and Websites In alignment with MTN Nigeria’s vision for digital transformation and inclusion, S Mobile is making significant strides to support technological advancement and improve access to digital services in Nigeria. By partnering with tertiary institutions and empowering young minds across Southeast Nigeria, S Mobile is playing a pivotal role in MTN’s…
Check Point® Software Technologies Ltd. (NASDAQ: CHKP), a pioneer and global leader of cyber security solutions, has released its “, emphasizing the growing sophistication of cyber criminals. The report highlights the swift ascent of Androxgh0st, now integrated with the Mozi botnet, as it continues to target critical infrastructure worldwide. Critical infrastructure—spanning energy grids, transportation systems, healthcare…
Intersect, a member-based organization for the Cardano ecosystem, and in close collaboration with Input Output, a leading blockchain infrastructure research and engineering firm, announced the start of the Cardano Constitutional Convention. This landmark three day event takes place across two locations—Nairobi and Buenos Aires—with elected delegates from around the world gathering to shape the future of…
As businesses adopt new technologies and adapt their ways of working to take advantage of the latest digitalisation trends, the unfortunate truth is that they are increasing their cyber risk. Attacks like phishing, Business Email Compromise, ransomware, and credential stuffing are all on a rapid upwards trajectory. They target employees and exploit poor network security…
Thanks to the availability of advanced technology, financial crimes are becoming more sophisticated and complex. From trade-based money laundering and human trafficking to GenAI-enhanced scams, the scale of financial crime today is unprecedented. Fortunately, artificial intelligence (AI), when used responsibly and ethically, can revolutionise the fight against these financial crimes. Of course, AI is not…