Africa is now the world’s second fastest-growing region after Asia, with annual GDP growth rates over 5% over the last decade. Despite this growth, this good economic growth in the continent had not translated into shared prosperity and better livelihoods for the majority. Growth has to be inclusive to be socially and politically sustainable. One…
The African startup ecosystem is experiencing unprecedented growth, with innovations spanning across education, finance, agriculture, technology, and B2B sectors. In 2023, despite global economic challenges, African startups raised $2.4 billion in funding, demonstrating the continent’s resilience and potential. As these startups scale and seek to make a global impact, one critical factor often overlooked is…
Following their selection as regional winners of the Global Startup Awards competition in the East, North, South, and West African regions, fifty-six African businesses, investors, and other ecosystem stakeholders will now compete in a continental final. The GIIG Africa support exclusively uses GSA Africa, the largest independent startup ecosystem competition on the continent, to identify,…
The digital revolution is here, changing how businesses operate, serve their customers, and get results. The digital pressure has never been greater in human history like now. Why? To thrive in today’s digital world, you must go digital, and more importantly have a digital mindset. This age of digital transformation requires new ways of approaching your business if…
Selected to participate in the first-ever “Accelerate with Djembe” initiative, which will assist businesses obtain capital by improving their communication skills, are ten scale-ups from Africa and the Middle East. Djembe Consultants is a communications consultant that operates in Africa and the Middle East. Its goal is to become the preferred communications partner in the…
With a strong emphasis on entrepreneurship and innovation, Enabel has initiated the Digital and Green Innovation Joint Action, which aims to operationalize the advancement of the twin transition to a green and digital economy. It will support circular and robust local economies while fostering digital solutions that address environmental issues like biodiversity loss and climate…
Stakeholders at the Values for Daily Living International [VDLI] inaugural annual conference have recommitted to continuing efforts in promoting ethical values and moral principles, inspiring positive change in individuals and communities worldwide. The VDLI inaugural annual conference convened by Sandra Ani, was a resounding success, bringing together students, parents, scholars, educators, and community members to…
On Thursday, July 18, 2024, Facebook hosted its first-ever creator workshop in Lagos, Nigeria. The event brought together over 20 Facebook creators to reinforce the app’s commitment to the region’s creative community. The workshop equipped creators with the knowledge and resources needed to earn from the engaging content they share – whether it’s a Reel…
Young Nigerians are empowered by the PowerUP Entrepreneurship Program, which gives them the resources and encouragement they need to succeed as business owners. The NerdzFactory Foundation is in charge of carrying out Access Corporation’s PowerUp Entrepreneurship program. The program’s objective is to provide young Nigerians with the entrepreneurial skills they need to establish and expand…
Sophos, a global leader of innovative security solutions for defeating cyberattacks, today announced that Teresa Anania has joined the company as Chief Customer Officer (CCO). Anania will play a key role in accelerating Sophos’ customer and partner success initiatives to maximize value of Sophos’ portfolio of cybersecurity solutions and services, including Managed Detection and Response (MDR) services…
Africa is rapidly becoming a hotbed for innovation, entrepreneurship, and technological advancements. Yet, for many startups and talented individuals, the journey from concept to market traction and revenue is often fraught with challenges. Enter the Startup and Talent Enhancement Program (STEP), a pioneering initiative by IDEA Africa, with support from the UK-Nigeria Tech Hub. STEP…
We are looking for ground-breaking ways to help smallholder farmers in Sub-Saharan Africa and South Asia minimize post-harvest loss. The Challenge Approximately one-third of all food produced worldwide is lost or discarded before it is consumed. This results in large financial losses and needless greenhouse gas emissions throughout the agricultural value chain. The 500 million…
New LG video campaign to shine a light on everyday interactions in the home and help customers share their care amongst family LG Electronics (LG) has announced its new campaign of short videos under the “Life’s Good” brand slogan, titled Get More Care, following the success of previous themes “Get More Love” and “Get More…
With online and in-person training programs, Nigerian ed-tech startup Magic Lab Academy hopes to address the lack of qualified people in the animation sector. Co-founders Ferdy Adimefe, Chekwube Okonkwo, and Duru Azubuike came up with the idea for Magic Lab in 2023. After launching their profitable animation business, they used the platform to train animators…
On July 12, 2024, the National Association of Computing Students (NACOS) at Yaba College of Education hosted an electrifying Careers in Tech Industry event that left a lasting impression on over 600 eager students. The event featured a distinguished lineup of speakers, each bringing their unique insights from various areas of technology. Among them were…
The Ijesha Digital Hub has announced that 17 graduates from its first cohort are to receive job offers following their successful completion of the training program. This significant milestone was announced to the ecstatic graduates and the huge crowd that had gathered to witness the historic event by the Keynote speaker and member of the…
Millions of Naira won, dreams fulfilled, and a spectacular end to a stellar competition. The LG K-POP Grand Finale concluded with a flourish, igniting the stage with electrifying performances, jaw-dropping special effects, and the immense talent of the winners. The highly anticipated event, brought to you by LG Electronics, saw some of the biggest names…
African businesses are increasing their use of new technology to protect against disruption and establish new capabilities that will drive their growth and innovation activities. While technology use in African firms lags that of the developed world, this trend is changing. According to a PwC survey, 87 percent of CEOs in Africa’s financial services sector…
Nigerian startup Skill Up With Kahdsole (SUWK) is a cutting-edge ed-tech platform that offers easily accessible, market-driven vocational education and assistance with job placement through an extensive online ecosystem, tackling the pressing concerns of youth unemployment and skill shortages. SUWK was established in 2021 by Chioma Ukpabi and Kelvin Steve, a couple who are passionate…
Few industries are moving faster than TMT. It is at the very heart of global innovation, driving technological, societal, and economic progress. One notable opportunity in the technology, media, and telecommunications (TMT) industry is the rapid growth of 5G technology and its applications across various sectors. With its promise of ultra-fast speeds, low latency, and…
Small, medium, or large businesses looking to explore how Generative AI (GenAI) can enhance their operations without the complexity of technical setups, can now heave a sigh of relief. Neural AI, a Lagos-based provider of essential support to organizations intending to build and deploy Large Language Models (LLMs), has developed and launched a composable, ready-to-use…
If a company is structured like a rainforest ecosystem, it will already have the internal resilience to handle unanticipated circumstances, such as the CEO and the rest of the C-suite being fired by the board of directors. That is precisely what happened at one of my former employers, where the board of a medical clinic…
A Nigerian, Mrs. Eyitayo Iyortim, has been appointed as the new chairperson/president, Africa Top Level Domains [AfTLD]. According to a report by Techeconomy, AfTLD confirmed the appointment, by the Organisation Executive Committee, of Mrs Iyortim from Nigeria (.NG) as the Chairperson of the Executive Committee and President of the Organization. She will be deputized by Prof Idrissa…
Ijesha Digital Innovation Hub has announced the graduation ceremony of its first cohort of trainees. The landmark event will take place on Monday, July 8th, 2024, starting promptly at 2:00 PM at the Royal Park Hotel on the beautiful campus of Olashore International School, Iloko-Ijesa. In a press statement on Friday, Dr Adewale Alonge, Vice President, IGAD,…
The Innovate2PREVENT Innovation Contest, which aims to encourage and inspire creative minds worldwide to develop novel, inclusive, and data-driven circular business models, is open to African entrepreneurs. The Innovate2PREVENT program, run by Yunus Environment Hub on behalf of the PREVENT Waste Alliance, enables forward-thinkers, innovators, and environmentalists to present and promote their creative solutions that…
The times are hard. Everyone has been feeling the pinch from rising costs, with 70% of workers reporting they don’t make enough. As a result, an increasing number of people are looking for side income opportunities. But where do you begin with so many possibilities available? This is where ChatGPT—yes, the AI tool you’ve been…
Your ability to create engaging PowerPoint presentations can make you stand out from the competition at work or in the classroom. Gaining presentation skills can open up new doors for business owners, professionals, and students. You may develop excellent presentations and pick up new talents by using ChatGPT to learn new things. This post will…
Peter Oluka, the editor of Techeconomy, was among the 605 new members inducted into the Nigerian Institute of Public Relations (NIPR) during its 60th anniversary celebration. The induction ceremony, held as part of a week-long event culminating in an International Colloquium on June 20, 2024, took place in Garki, Abuja. Speaking at the event, Dr. Ike…
Creative Business Cup is a global, year-round initiative that empowers entrepreneurs in the creative industries by supporting the development of their business ideas, introducing them to investors and international markets, and enhancing their capacity for innovation for the good of business and society. It is much more than just a competition. The Creative Business Cup…
Artificial Intelligence (AI) has become a powerful tool that significantly contributes to the growth and success of any business. In today’s highly competitive business landscape, leveraging AI can be a game-changer for businesses to fuel their productivity and growth. There are AI-powered tools that are useful for a variety of applications in business for performance…