Nigeria Launches Tech Funds Totalling $618 Million For Youth Investors.
Nigeria’s Vice President Yemi Osinbajo launched the $618 million fund under the Investment in Digital and Creative Enterprises (iDICE) in the federal capital Abuja, on Tuesday to support tech and creative sectors for young investors who struggle to raise capital…
Nigeria Gains $976 Million Of Africa’s $3.3 Billion Tech Startup Investments.
Following the news of two Nigerian start-ups winning $300,000 at LEAP tech conference pitch in Riyadh Nigeria attracted the largest technology startup investments in Africa in 2022, according to a new report. Indeed, of the $3.3 billion investment that Africa…
Lagos, Ibadan Leads As Top African Crypto Hubs Among Top 50 Global Crypto Thriving Cities
A recent research released by Recap, a global financial research organisation shows that among the 50 top cities leading in crypto adoption, 6 African cities made the list. Among these African cities, two are Nigeria’s cities; Lagos and Ibadan which…
Kenya New Regulatory Sandbox For Tech Startups Calls For Industry Expert Inputs.
The Communications Authority of Kenya (CAK) recently published a draft called: “Framework for Emerging Technologies Regulatory Sandbox” for tech ecosystems, and is seeking feedback from the public by February 3, 2023. The CAK has the responsibility of establishing and reviewing…
Three Nigeria Tech Startups To Share $750,000 Support Grant.
Out of 11 innovative companies selected across Africa, three Nigerian tech startups have been selected to join stage 3 of the Africa Startup Initiative Program (ASIP) Accelerator Programme by Startupbootcamp Africa. The Nigerian startups include PharmaServ, Park well, and Jand2Gidi. …
Amazon Web Services Opens Office In Nigeria.
An Information Technology firm, Amazon Web Services, Inc. (AWS) says it has opened its first office in Lagos, Nigeria. AWS, a subsidiary of Amazon, offers website hosting, backup, digital marketing, analytics, application integration, blockchain, networking, and other related services to…
For Tech Business Owners And Potential Owners In Nigeria, This is What The New Start-up Bill Means For You.
Technology in Nigeria is a fast-growing industry that has gained momentum in the last few years. Its prospects have led states like Nasarawa and Kaduna to prioritize the creation of technology villages in order to harness the growth potential of…
Elon Musk Plans To Establish Tech Based University.
Elon Musk,CEO of Tesla Inc and SpaceX has announced his intentions on Twitter to establish a new technology focused university. He announced that the new university will be established in Texas US and will be called, ” Texas Institute Of…
How Technology is Driving Change in Almost All Industries
The only constant with technology is change. Technological disruption will not stop as long as tech evolution continues in every industry. Although it may seem negative at first, tech disruption can positively transform most industries.
Facts You Must Know Before Starting Your Buying and Selling Bitcoin Trading Business in Nigeria.
The business of OTC Bitcoin trading in Nigeria have seen a tremendous growth in the country, coupled with the increase in the value of one dollar to naira at the black market.