For the most recent iteration of the MINT Incubator, which aids entrepreneurs in developing and becoming investment-ready, EGBank and Alex Angels have opened applications. Ten editions of the three-month, equity-free MINT Incubator have been released since its initial introduction in 2018. The curriculum includes a number of mentoring sessions and seminars on subjects including branding,…
In the first phase of its N100 billion bond issue program aimed at assisting micro, small, and medium-sized enterprises (MSME), the Development Bank of Nigeria generated N23 billion. The 2028 due date instrument has a 14.4% interest rate. The bank said that it would be useful in closing the MSME sector’s significant funding gap, which…
Astravest, a Nigerian business, is an investment platform that enables retail users to diversify their investments in dependable assets like commodities, fixed income, and real estate in order to increase their wealth. Astravest, a company that helps Africans conserve, diversify, and develop their money, was founded in 2022 by serial entrepreneur Chibuike Goodnews, formerly of…
Ten companies from Southern Africa have been recognized for their innovative approaches to closing the financial access gap for underprivileged people as part of a World Bank-sponsored challenge. The World Bank funded Southern Africa Innovation Bridge Portal ecosystem development efforts included the Fintech Challenge, which sought out novel and effective applications for the newest advancements…
Startup accelerator Applications are now being accepted for Wise Guys’ SaaS (Software as a Service) Accelerator Program in Africa. This program’s objective is to help regional SaaS businesses succeed by giving them the tools they need to meet common obstacles. SaaS Accelerator Africa is a Startup Wise Guys initiative that supports the growth and development…
Sophos, a global leader in innovating and delivering cybersecurity as a service, today launched Sophos Managed Detection and Response (MDR) for Microsoft Defender, a fully-managed offering that provides the industry’s most robust threat response capabilities for organizations using Microsoft Security. Sophos MDR for Microsoft Defender adds a critical layer of 24/7 protection across the Microsoft Security…
Before the pandemic, cybersecurity started to be considered as a fundamental area in a company. But it’s really after the implementation of teleworking during confinement and the cyberattacks that many companies suffered, due to the exposure of their devices, that IT teams are increasingly focused on raising awareness among their workers. The objective is clear,…
Since the introduction of AI systems such as ChatGPT, Mid Journey, Dall-e, and Bard, a lot of individuals have become concerned about how AI would affect their businesses and occupations. It’s interesting to note that any significant advancement in technology simultaneously provides new categories and opportunities while also seriously disrupting other industries and domains. Every…
AGCS’ professional indemnity report highlights 11 trends driving future insurance claims activity. Trends include evolving building safety laws, ‘hackers for hire’, inflation, and untrained use of generative AI tools. AGCS analysis shows that the legal and construction sectors are the industries most impacted by large professional indemnity claims. Architects and engineers face greater scrutiny over…
A South African accelerator promoting and enabling business owners in the green sector has been launched by the Anglo American Foundation (AAF) in collaboration with Grindstone, an accelerator famous for designing high-growth businesses. By giving them a special chance to raise money and get market access, the alliance intends to find and support 15 tech…
The second FAST Accelerator program has begun, according to Flapmax, an artificial intelligence (AI) company that seeks to improve everyone’s lives through innovation. The program is intended to support and finance the next wave of innovative businesses and entrepreneurs across the African continent. FAST Accelerator 2023 offers a transformative experience for startup entrepreneurs looking to…
Twenty Ghanaian startups graduated from the UNICEF StartUp Lab Accelerator, receiving GHS500,000 (US$445,000) in investment. The UNICEF StartUp Lab is an accelerator programme dedicated to supporting businesses working to advance the United Nations Sustainable Development Goals (SDGs) for children and young people, led by UNICEF in Ghana and supported by KOICA through the “KOICA-UNICEF Accelerating…
The country’s first online university was founded with support from Kenya’s legislators, opening up a new path to academic education. The National Assembly anticipates an initial intake of 7,100 applicants after the institution’s charter has been approved. Depending on what the applicant wishes to study, the Open University of Kenya would charge prospective students between…
Last week, Mark Zuckerberg, the CEO of Meta, combined Instagram with Threads, a brand-new Twitter-like site. Five days after its introduction, Threads has already established itself as a haven for cryptocurrency scammers. On numerous social networking sites, members of the global Web3 and crypto communities are posting advisories to warn unwary victims about the financial…
Less than a week after Facebook parent company Meta unveiled its new microblogging site, Threads had 100 million registered users. A competitor to services like Twitter, which Elon Musk purchased last year, the company’s app is intimately connected to a user’s Instagram account. The app has experienced a meteoric growth in users joining up for…
Digital Encode Limited, a multi-award-winning consulting and integration firm based in Lagos, Nigeria, is celebrating its 20th anniversary this month. Founded in 2003, Digital Encode specializes in designing, managing, and securing business-critical telecommunications environments and IT infrastructures. Recognized in the industry for its vendor-independent perspective, the firm excels in solving multifaceted, complex enterprise network security…
My 1Health, a leading health-tech startup and a top medical facilitator, is proud to announce the official launch of its global platform, connecting patients to world class specialised healthcare services worldwide. This innovative platform results from a merger between two industry leaders, MyHealth Africa and International Medical Treatment, combining their expertise to create a unified…
The Anambra State Government, through its Solution Innovation District (SID) has announced the launch of its software development program called ‘Code Anambra’. This is a comprehensive software development training program aimed at empowering the Ndi Anambra with advanced in-demand skills and opportunities in the global tech industry. Code Anambra training program is starting just as…
Uptodown— the renowned mobile app download platform— has conducted a comprehensive study on the habits of its 132 million users worldwide. The data provides an overview of the most widely used mobile browsers, operating systems, and device models. The browser war has a winner Google Chrome celebrates a decade as the top browser on Android thanks to…
The Nigeria Innovation Summit (NIS) today announces the 8th edition of its annual event, slated to hold on Friday, October 6, 2023, at Muson Centre, Lagos. This edition of the summit will focus on the theme: Innovating For The Future. The Summit is an annual event that brings together critical stakeholders from different sectors of the economy to discuss ground-breaking ideas, trends, opportunities, and numerous…
According to Mark Zuckerberg, CEO of Meta, 30 million people have already downloaded the company’s brand-new Threads app. He marketed the application as a “friendly” rival to Twitter, which Elon Musk acquired in October. According to experts, Twitter users dissatisfied with recent platform changes may flock to Threads. Although Twitter is “often imitated,” according to…
‘Tobi Adekunle, who co-founded the Association of Digital Marketing Professionals (ADMARP), the foremost professional body for digital marketing practitioners in Nigeria, has released a new eBook on Growth Marketing for the Growth Skool UK. The eBook title: Growth Marketing Series: A Comprehensive Guide for Beginners and Professionals,’ serves as a beginner’s Guide tailored for beginners and…
Grand Africa Initiative-GAIN and the Development Bank of Nigeria Plc (DBN) have announced the second edition of their collaboration to train two hundred young Nigerian Women in an entrepreneurship course titled “GAIN Entrepreneurship Masterclass for Women (Nigeria)”, starting in July 2022. According to the organizers, the course is designed to equip selected young women entrepreneurs from…
Skizaa Education, a Kenyan startup, has been named the only African company among global education companies to compete as a finalist in the Milken Penn GSE Education Business Plan Competition. Skizaa, which was founded in 2022 and has been invited to exhibit at Edtech Week 2023 in New York this autumn, specializes in gathering and…
Data management and protection laws are critical for any nation to thrive in today’s highly digitized world. These laws are necessary to safeguard both corporations and individuals from data breaches and identity theft. Recognizing this need, the Federal Government of Nigeria established the National Commissioner of Nigeria Data Protection Commission (NDPC). The Nigeria Data Protection Act 2023, signed…
The Africa Fintech Summit, the largest bi-annual fintech event in Africa, announces the application for its 6th AlphaExpo Micro-Accelerator cohort. The AlphaExpo is a program at the heart of the Africa Fintech Summit mission. This year the program will enable up to 15 African startups the opportunity to attend and exhibit at this November’s AFTS…
Mark Zuckerberg, the CEO of Meta, unveiled a new function for WhatsApp, the platform’s instant messaging application, on Friday. The CEO of Meta claims that customers will now be able to easily and securely move their chat history between devices. Currently, the transfer can only occur if both devices are running the same OS (operating…
Today, Meta unveiled new parental control features for Instagram, Facebook, and Messenger. This includes a new parental supervision portal on Messenger, a tool that prevents unsolicited DMs on Messenger and Instagram in advance, and nudges to remind kids to take a break. Messenger supervision controls, which will be available in Meta’s Family Center, will be…
50 finalists from 20 nations have been chosen as finalists for the fifth edition of Africa’s Business Heroes, a charity initiative to support African businesses. The biennial Africa’s Business Heroes (ABH) Prize Competition, sponsored by the Jack Ma Foundation and Alibaba Philanthropy, searches the continent for 10 outstanding, mission-driven entrepreneurs who are seeking to make…
According to reports, WhatsApp has increased the cap on group video calls in the most recent desktop beta. The well-known Meta-owned chat platform formerly permitted video calls with up to 8 users, but a future upgrade is anticipated to quadruple this limit for all users on the desktop program. WhatsApp has stopped supporting its previous…