The FinTech Association of Nigeria says Financial Technology (FinTech) operators accounted for 63 per cent of the 1.37 billion dollars in funding raised in Nigeria in 2021.
In the last six years, Africa has seen the emergence of eleven $1 billion valuation companies with five of them coming from Nigeria.
18 Mar 2020
Following the successful 2019 event in Lagos, the 64 Nigerian students were brought together by Facebook, Andela and UNODC with the aim to spark their creativity whilst pushing their coding capabilities...
9 Feb 2020
The Crime Prevention and Criminal Justice Officer of the United Nations Office on Drugs and Crime, Gilberto Duarte Santos has said to tackle issues of crime in the society,
16 Dec 2019
For the nation to achieve its goals of eliminating extreme poverty and boost shared prosperity through financial inclusion, there is the need to create relevant policies...
11 Sep 2019
Two hydra-headed challenges of erratic power supply and constant Internet disruptions have been identified as major limitations stifling the economy, especially digital opportunities.
14 Jun 2019
Andela the company building distributed engineering teams with Africa’s top software engineers, is recruiting mid and senior level developers...
14 Feb 2019
Nigeria’s sluggish economic landscape is fast founding expression in the information and communications technology (ICT) sector, as there appears to be a pause in local..
25 Jan 2019
Andela, the company building distributed engineering teams with Africa’s top software developers, today announced the completion of a $100M Series D funding. The round was led by Generation Investment Management with participation from existing investors including Chan Zuckerberg Initiative, GV, Spark Capital, and CRE Venture Capital. The most recent financing brings Andela’s total venture funding…
23 Jan 2019
Former US Vice President Al Gore’s sustainability-focused investment firm, Generation Investment Management (GIM), is leading a $100 million funding round in Andela, a technology startup company. By this new investment, Andela, with technology campuses in Nigeria, Kenya, Uganda, and Rwanda, would increase its venture capital funding to date to $180 million. Andela, which builds distributed…
7 Nov 2018
To accelerate Nigeria’s development, experts have called for the optimisation of existing information and communication technology (ICT) clusters’ through partnership between the private and public sectors. According to them, digital technology through such initiatives would drive economic transformation of the country. Overtime, the use of digital technology to create new solutions for economic growth has…
18 Sep 2018
Dangote, a wholly Nigerian brand, has been voted the overall valuable brand in the 2018 Top 50 Brands. It replaces MTN Nigeria at the top with 87.4 points against 80.8 point for MTN. Dangote had, in previous editions, held the position of most valuable Nigerian brand but having emerged the most valuable brand overall, that…