Micro and small-medium enterprises (MSMEs) in Nigeria and other emerging markets are being encouraged to explore innovative financing solutions to address funding gaps, accelerate growth, and expand their operations. A recent study conducted by Stears in collaboration with the digital supply chain finance platform, Fiducia, sheds light on the […]
Startup Space
Outsized, an independent talent marketplace for firms, has announced the successful completion of its Series A fundraising round. This round was spearheaded by the reputable South African venture capital firm Knife Capital, with additional contributions from several individual investors, including Adrian Durham, the founder of the renowned wealth management […]
Start-Up Arewa, the pioneering non-profit organization dedicated to empowering and promoting Northern Nigerian tech startups, has announced the Start-Up Arewa Innovation Summit 2023. This much-anticipated event will take place on Friday, October 27th, from 9:00 AM to 5:00 PM at the prestigious NAF Conference Center, Abuja. With the aim […]
APPLY NOW!!! Today, the Federal Ministry of Communications Innovation and Digital Economy initiated the Nigeria Artificial Intelligence Research Scheme, providing funding for 45 groups of startups and researchers. This initiative aims to encourage further exploration in the AI domain, fostering the growth of a sustainable AI ecosystem within Nigeria. Researchers […]
AXA Mansard, a part of the global insurance and asset management company AXA, has launched its second cohort of the ‘Innovation Exchange Programme’ in Nigeria. This 15-week accelerator initiative aims to nurture and scale Insurtech startups, focusing on improving distribution, claims management, underwriting, customer service, and payment processes within the […]
The CEO and President of MTN Group, Ralph Mupita, has reaffirmed MTN’s ongoing commitment to Nigeria’s socio-economic progress, both through direct efforts and via the MTN Foundation’s Corporate Social Investment (CSI) initiatives. This commitment was emphasized during Mupita’s meeting with Nigeria’s Vice President, Senator Kashim Shettima, on the sidelines of […]
The Queens Borough of New York City, USA, and the Lagos State Government have formed a learning exchange program to promote technological innovation and foster economic growth and entrepreneurship between Lagos and New York City. This partnership aims to encourage collaboration, identify shared interests, and establish a long-lasting and inclusive […]
The Central Bank of Nigeria (CBN) has announced the signing of collaboration agreements in financial technology (fintech) with the Central Bank of Egypt. This development was shared by the apex bank on its official Twitter account on Tuesday. The signing ceremony for the partnership occurred at the recently concluded ‘Seamless […]
The Development Bank of Nigeria (DBN) has announced its intention to raise N23 billion from local investors. The funds will be used to support Micro, Small & Medium Enterprises (MSMEs) as part of the bank’s primary goal. This announcement follows the successful oversubscription of the initial N20 billion issuance under […]
The on-going Skill Acquisition Training and Youth Empowerment Programme of the National Agency for Science and Engineering Infrastructure (NASENI) is fast gaining traction and the attention of many State government across the federation. The latest to buy into it is the Osun State Governor Senator Ademola Adeleke who […]
