THREATS TO HALT PETROL LIFTING: NARTO CITES MOBILITY CONCERNS

The Nigerian Association of Road Transport Owners (NARTO) has announced its decision to halt operations starting today (Monday). Yusuf Othman, NARTO’s national president, conveyed this information through an official press statement from Abuja. Othman emphasized that the decision to suspend truck operations is due to the association’s financial challenges, stating that operational costs exceed total […]

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DESPITE 2% DIP IN FUNDING IN 2023, AFRICAN HEALTHTECH DEMONSTRATES RESILIENCE

A recent research report highlighted that funding for healthtech led by women experienced remarkable growth, increasing by over 2,000%. In 2022, women-led healthtech accounted for a marginal share of 1% in total funding, but this figure surged to 31% in 2023. The report, titled “2023 RoundUp: Investments in African HealthTech,” was launched by healthcare consulting […]

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THE CRUCIAL ROLE OF EDUCATIONAL PLATFORMS, SUCH AS SCHOOLX, IN NIGERIAN EDUCATION: BRIDGING THE GAP

In the era of rapid digital transformation, technology has revolutionized almost every facet of our lives, including the methods of learning and education. Despite notable progress in various sectors, the educational framework in Nigeria encounters multiple hurdles, particularly in the domain of school management and administration. A prominent challenge is the absence of all-encompassing platforms […]

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CLOSING AT $300 MILLION, PARTECH AFRICA II FUND EXPANDS TEAM AND PORTFOLIO

Global investment firm Partech has secured $300 million (€280 million) for its second Africa-focused fund, Partech Africa II, exceeding its initial target.  In the context of a recent report indicating a 50% reduction in active investors in the African tech sector, Partech’s latest development assumes increased significance. The fund’s focus is on African tech startups, with investment […]

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BOOSTING RENEWABLE ENERGY IN NIGERIA: ARNERGY SECURES $3 MILLION IN FUNDING

Nigerian cleantech firm, Arnergy, specializing in decentralized renewable energy solutions, has successfully secured a $3 million bridge round investment from All On, an impact investor supported by Shell. The investment aims to enable Arnergy to capitalize on the increasing demand for solar energy in Nigeria, driven by escalating fuel expenses and an unreliable power grid. […]

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THE SIGNIFICANCE OF ENGAGING PUBLIC RELATIONS CONSULTANTS FOR AFRICAN STARTUP FOUNDERS – INSIGHTS FROM ISRAEL OPAYEMI

To flourish and expand, businesses, particularly startups, require the expertise of a reputable Public Relations Advisory firm to strengthen brand development and achieve top-notch reputation management. This insight comes from Israel Opayemi, a leading figure in Africa’s strategic communications, serving as the Managing Director/Chief Strategist of Chain Reactions Africa (CRA), a prominent public relations and […]

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PROJECT 774 LG CONNECTIVITY LAUNCHED BY FG TO ADDRESS DIGITAL DIVIDE

The federal government of Nigeria has initiated “Project 774 LG Connectivity,” a program announced by Minister Bosun Tijani, the Minister of Communications, Innovation, and Digital Economy, aimed at enhancing digital inclusion in the nation. Tijani stated, “As part of our plans to foster inclusive development and promote access to digital public infrastructure in government, I […]

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