Professor Isa Pantami, Minister of Communications and Digital Economy, has pushed Nigerian startups and innovators to own current rules in order to further consolidate and strengthen the ecosystem’s success. Pantami gave the order when he met with indigenous innovators in Lagos to discuss how to strengthen the Ecosystem and forward […]
Startup Space
Flutterwave, an African fintech, has secured $250 million in a Series D round, bringing its valuation to almost $3 billion in less than a year. The business, which is based in both San Francisco and Lagos, secured $170 million in a Series C round from Tiger Global and Avenir in […]
Intel’s IDM 2.0 plan will be greatly advanced as the business develops its production capacity, global location, and technology portfolio to meet unprecedented industry demand. Intel CEO Pat Gelsinger stated, “Tower’s speciality technology portfolio, geographic reach, extensive customer relationships, and services-first operations will help scale Intel’s foundry services and promote […]
The Federal Government of Nigeria today, Tuesday, February 15, 2022, commissioned the Muhammadu Buhari IT Innovation Centre in Katsina State, Northwest Nigeria, as part of its digital skills empowerment campaign. Professor Isa Ali Ibrahim (Pantami), the Honorable Minister of Communications and Digital Economy, who commissioned the fully completed project on […]
Saudi Arabia has announced $6.4 billion in investments in future technologies, according to the Saudi ministry of communication and information technology. The investment, according to Abdullah Alswaha, is part of the kingdom’s effort to diversify its economy away from oil in the face of severe regional competition. As climate change […]
The Federal Government has praised the Nigerian Communications Commission’s (NCC) commitment and dedication to enhancing digital skills development among youths through the execution of different ICT skill acquisition programs. The commendation was given by the Minister of Interior, Ogbeni Rauf Aregbesola, and the Minister of Communications and Digital Economy, Prof. […]
According to an official announcement issued by the Agency, ONDI was formed through the successful merger of two of NITDA’s subsidiaries. NITDA merged two (2) of its former Special Purpose Vehicles (SPVs), the Office for ICT Innovation and Entrepreneurship (OIIE) and the Office for Nigerian Content Development in ICT (ONC), […]
The Nigerian Communications Commission (NCC) has given a N20 million grant to four worthy Nigerian tech businesses as part of its support for the startup ecosystem and as a boost to innovation for the digital economy. The funding is part of the Commission’s commitment, coordinated by Prof. Umar Garba […]
Payhippo, a Nigerian loan startup, has secured $3 million in a seed round, which it expects to use to hire the expertise it needs to improve its technology as it expands its efforts to provide quick finance to more small and medium-sized businesses (SMEs) in the West African country. Ham […]
Prospa, a YC-backed Nigerian startup offering software and financial services to entrepreneurs and micro-businesses, has announced it closed a $3.8 million pre-seed investment, which was oversubscribed by 380%. The round was backed by venture funds Global Founders Capital and Liquid 2 Ventures. Leading entrepreneurs also participated in the round including […]