Information Services 

An afternoon with Nigeria’s chief technology officer

The first thing he did was to remind that cryptocurrency is enabled by a technology with applications far beyond the disputed virtual currency. “The world is fast evolving,” he said, “But there’s no plan to stifle any technology or innovation in Nigeria.” If Nigeria were a startup, Kashifu Inuwa Abdullahi, as the Director-General of National Information Technology Development Agency (NITDA), would function as a leading technical officer and this made me yield to the temptation to engage him when we caught up last Tuesday. The week before, I wrote about…

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Financial Services Fintech Startups Technology 

Fintech in Nigeria, shows expanding business scopes

The report discusses Farmcrowdy and Cowrywise, as 2 leading start-ups in the space currently running wealth management platforms. Cowrywise objectives for the Nigerian middle-class with their online financial investment items. Farmcrowdy gives financiers an opportunity to co-own farms by providing farmers capital expense options. Other fintech startups provide digital insurance coverage to; auto companies, the health sector, education, and funeral services. Rates charged for the cover are as low as $0.50 monthly. The report highlights some shortcomings such as the slower pace in setting up a fintech start-up in Nigeria,…

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Startups 

Founder Institute, AWEP Nigeria Partner to Support Early-Stage Female-Founded Companies

The Founder Institute , the world’s largest pre-seed startup accelerator and African Women Entrepreneurship Programme , an outreach, education, and engagement initiative that targets African women entrepreneurs, to promote business growth, are announcing two female-founder fellowships, for the upcoming Founder Institute 2020 programs, starting with Abuja program. The Founder Institute, having chapters in both Lagos and Abuja, aims to inspire and support early-stage female founders, in the Founder Institute, by providing: Feedback and Mentorship from 95+ top startup leaders, including Nkiru Balonwu, Nkemdilim Begho, Emilia Asim-Ita and Jane Egerton-Idehen A…

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Africa Covid19 Startups 

Forbes Launches Nigeria’s First Digital Startup Accelerator Program To Support Business Resilience During COVID19 Pandemic

Forbes announces Nigeria’s First Digital Startup Accelerator program. The totally free virtual accelerator will welcome 100 leading companies from Nigeria. Founders selected for the program will go through 4 intensive weeks of digital training to help construct and scale their companies for the future. Applications are now open Apply Now Forbes Publication is a renowned brand name that has beautified our company culture for over a century (since 1917). Nigeria’s First Digital Start-up Accelerator Program hosted by Forbes Publication and powered by the International Start-up Ecosystem is making a historical…

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Startups 

Nigeria Startup Andela Looking To Go Remote

It’s just days since Andela sent packing 135 of its employees. Now the company wants to go full circle by venturing into remote work. The startup has kick-started the process by putting out a placement offer to non-employees. The startup makes this move with a view to tapping more talent without necessarily having engineers relocate. Through the Andela Learning Community Program, over 100,000 people have undergone training equipping themselves with skills sought by many companies. Andela operates in five different countries but this has proven limited in terms of customer…

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