Category Archives: Nigeria News

Nigeria News

29 African Startups in Healthcare Supply Chain Selected to Receive Funding and Impact Support from the Gates Foundation, MSD, and More

The pan-African Investing in Innovation (i3 program) is funded by Bill & Melinda Gates Foundation and sponsored by Cencora (formerly AmerisourceBergen), Merck Sharp & Dohme (MSD), Microsoft and Chemonics to invest in Africa’s most promising early to growth-stage start-ups in health care supply chains. The second cohort comprises 29 startups chosen from 10 African countries. […]

The International Arbitration Conference Will Reveal the Benefits of Arbitration for African Businesses

In its Centenary year, the ICC’s International Court of Arbitration has set servicing African commercial disputes as one of its top strategic priorities.  Speaking as the 7th ICC Africa Conference on International Arbitration prepares to kick off in Lagos at the end of this month, (31 May to 2 June), ICC Court President Claudia Salomon […]

Nigeria’s industry is rising to the twin challenge of decarbonisation and energy security

Wale Yusuff, the Managing Director of Wärtsilä in Nigeria, explains how businesses operating in energy-intensive industries like cement or steel are investing in flexible engine technologies to secure reliable and efficient power while also setting the perfect stage to make good on their decarbonisation objectives. Nigeria is a major industrial hub. It is home to […]

MultiChoice Africa Accelerator Programme set to boost prosperity of African small and medium-sized businesses (SMME)

MultiChoice shortlists 11 start-ups to pitch for international funding and take their small businesses to the next level At a time when unemployment challenges and economic instability are high, small and medium-sized businesses (SMMEs) are proving to be the engines of economic growth and job creation throughout the African continent. In recognition of the critical […]

PAM Africa Launches First Ever Net Zero Village in Africa

Leading Cleantech company becomes Africa’s first solar company to provide quality energy access for Africans. PAM Africa, a renewable energy company that provides quality energy access through Solar PV, Grids, Batteries, and Innovation, has today announced the launch of their Net-Zero Villages – a groundbreaking approach that consists of a community that is designed with […]

Nigeria: What next for West Africa’s powerhouse?

Nigeria: What next for West Africa’s powerhouse? With elections approaching, change is afoot in Nigeria. Keen to pursue new opportunities and drive the country forward, what does the future hold for one of Africa’s largest economies? Following her recent visits to the country, Marie El-Hawat, Associate Director, Anglophone Africa at British Arab Commercial Bank (BACB) […]

Why the promise of a cashless society is key to unlocking the Nigerian commerce growth opportunity

By Justin Floyd, CEO of open commerce platform, Redcloud  Cash is a uniquely expensive and inconvenient way to do business. However, shifting to a world of cashless payments is easier said than done, as many policymakers have discovered to their cost. The Nigerian Government is taking unprecedented steps to reduce the economic reliance on cash and […]

Blockchain Africa Conference 2023: Gearing African businesses to compete in the global marketplace

Ettienne Reinecke Dimension Datas Group Chief Technology Officer says Blockchain has gone from strength to strength

The adoption of blockchain technology has gained traction in South Africa, Kenya, Nigeria and Ghana – resulting in more efficient and lower-cost cross-border payments to facilitate African businesses conducting trade abroad1. This shift can be attributed to an increase in global ratification of the technology where approximately 44% of the top 100 public companies2, including […]

Nigeria’s SAIPEC event serves Sub-Saharan Africa

The seventh edition of the Sub-Saharan Africa International Petroleum Exhibition and Conference (SAIPEC) will run from 13-17 February at the Eko Convention Center in Lagos. The event will offer a host of B2B networking and partnership opportunities to drive regional collaborations through a week-long programme of activities. The conference will be hosted by the Petroleum […]

Touch and Pay [TAP] launch Cowry card cashless fare collection technology on new LRMT Blue Rail Line

500,000 Lagosians set to benefit as Nigerian startup becomes first local company to unify rail, bus and ferry via contactless cards Touch and Pay Technologies [TAP], a Nigerian fintech company and leading processor of micro-transactions in Africa, announced today that for the first time, rail passengers across Nigeria’s largest city, Lagos, can access the newly launched […]

‘Green affordable power in Africa is a must’ says new Power Up coalition at COP27

More than 600 million African people go without access to electricity, and more than 900 million are without safe cooking facilities. At the COP27 climate summit now happening in Egypt, Power Up –  a new campaign with over 45 member organisations, is amplifying marginalised African voices in pursuit of funding for green affordable energy, particularly for frontline organisations powering […]

Nigeria’s gas demand will continue to grow despite falling production and limited infrastructure, according to a new report

The future of Nigeria’s natural gas industry looks promising, despite current production levels and limited infrastructure, according to a new report from African investment research agency Hawilti. While European markets are currently the main consumers of Nigerian gas, Hawilti’s report highlights the potential for growth in the domestic market. With demand expected to rise, investing […]

Africa: Energy transition policies and regulatory developments light up across the continent

Across the continent, countries in Africa are gearing up for the energy transition by implementing policy and legislative frameworks that take into account the energy crisis and the need for a renewable, decarbonized, decentralized energy supply that addresses climate change and the commitments made under the Paris Agreement. Ahead of the United Nations Climate Change […]

COP27: A unique opportunity to set the stage for Africa’s future in clean energy, according to Wärtsilä report

The climate change conference COP27 offers a unique opportunity to increase energy access and lay the foundations for decarbonisation across Africa, but wealthy nations must deliver on their climate finance pledges to unlock the continent’s potential, according to a new report. ‘Pathways for Africa’s Energy Future,’ a report from the technology group Wärtsilä, provides power system […]

Building A Secure Digital Future

The Nigeria Cybersecurity Summit is scheduled for 6-7 February 2023 at Lagos-Nigeria and will bring forth a C-level platform that will concentrate on Cybersecurity strategies and the evolving threat landscape. The summit will discuss cybersecurity solutions for various industries, including government and ministry, banking and finance, telecom and energy, healthcare, e-commerce, and IT. The main […]

E-commerce app marketers are spending billions of dollars on user acquisition, according to a new report from AppsFlyer

AppsFlyer, the global marketing measurement leader, has released the 2022 edition of its State of eCommerce App Marketing report. Within the report, AppsFlyer outlines key global trends, guiding marketers in building a mobile-first experience that will drive engagement and sales for the upcoming holiday season. Following the past few years of significant e-commerce growth resulting […]

30 African Startups in Healthcare Supply Chains Selected for Support from Gates Foundation, MSD, WHO-AFRO and More

The i3 program is excited to announce the selection of 30 African startups that are leading the way in innovative health solutions. These startups come from 14 different countries and are working on novel solutions for device and medicine distribution, stock management and financing, authentication, traceability, medical waste management and more. 47% of the companies […]

Bluechip Launches in Europe following Successful pan-African Expansion

Bluechip Technologies CoFounders - Olumide Soyombo and Kazeem Tewogbade

Hires industry expert Richard Lewis to spearhead the new European division Lagos, Nigeria – 8th August 2022, Bluechip Technologies, Nigeria’s leading provider of business application and data management solutions, announces its European launch following growing demand for its products and services. The strategic expansion positions the company as a new competitive entrant in the EU […]

Indirect tax developments in Sub-Saharan Africa

By Jana Botha, VAT Consultant, Baker McKenzie Johannesburg There have been significant developments in indirect tax within Sub-Saharan Africa (SSA) in the past year. The vast majority of developments have been based around VAT amendments and policies, as well as general budget updates for 2022 across SSA. This article includes key developments from Ghana, Kenya, […]

African health tech start-ups in supply chain show promise, prompting launch of $7 million innovator support program

The Pan-African “Investing in Innovation” program will provide grants and commercialization support to 60 healthtech companies over two years. Healthcare consulting firm Salient Advisory has launched its latest market intelligence report highlighting promising African healthtech start-ups in supply chain. Spurred by these findings, a consortium of global and continental organizations, with funding from Bill and […]

Establishing a Highly Competitive Domestic Hydrocarbons Market in Nigeria

Local content regulations and the implementation of the AfCFTA have triggered the creation of a highly competitive domestic hydrocarbons market within Africa’s largest oil producer. Nigeria represents one of the continent’s most mature oil and gas markets as well as the largest oil producer in sub-Saharan Africa. The country’s energy achievements have largely been attributed […]

How tracking methane helps fight climate change

By Antoine Rostand, President and Founder of Kayrros The need to track and reduce greenhouse gas emissions has never been more urgent. According to the IPCC, “without increased and urgent mitigation in the coming years, leading to a sharp decline in greenhouse gas emissions by 2030, global warming will surpass 1.5C in the following decades, […]