An estimated 160 million people born in Africa now live outside the continent. For some, education was the vehicle that took them away, but for others, it was work. Yet, most have one thing in common – the need to send money back home to
Bosun Tijani’s appointment as Nigeria’s Minister of Communications, Innovation, and the Digital Economy can be said to have been widely acceptable among people within Nigeria’s tech ecosystem. This acceptability comes from Tijani’s wealth of experience within the space and his direct and indirect influence in building
It was Nelson Mandela who said, “Education is the most powerful weapon which you can use to change the world.” While you’ll hear the occasional debate about the suitability of Nigeria’s current educational system, many will agree that good education can significantly alter the trajectory
Nigeria’s startup scene is bustling, with 481 active startups as of August 2022, per Disrupt Africa. Amid this lively environment, a heartening trend is emerging: successful founders are taking on new roles as mentors and backers. These pioneers, having navigated their own startup journeys, are
Enugu state governor, Peter Mbah, has appointed Obi Ozor, the co-founder and CEO of Kobo360, as the commissioner of transport. Obi Ozor, the co-founder and CEO of Kobo360, a pan-African logistics startup, has been appointed as the commissioner of transport in Nigeria’s Southeastern state, Enugu. Obi
The apex bank in 2021 prohibited the sale of foreign exchange to BDC operators due to their unauthorised sales of foreign exchange above the market they were authorised to serve. Prior to the ban, BDC operators were a major black market, providing exchange rate support
In the wake of the global market reset, African startups are hustling to regain momentum in a funding winter. Four investors reveal their top must-watch startups. African startups have been steadily making their mark in the tech ecosystem, attracting the attention of investors with their
Facebook‘s parent company, Meta, has finally unveiled Threads, a highly anticipated alternative to Twitter. Meta CEO, Mark Zuckerberg describes Threads as a “friendly” app that aims to address the reputation challenges faced by Twitter since its takeover by controversial tech billionaire Elon Musk last year. Musk’s decision to monetize previously
Apple is the first publicly traded company to close a trading day with a $3 trillion market value. The company’s shares climbed about 2.31% on Friday to a new high. The tech giant first reached a $3 trillion market cap back in January 2022, but failed
Article Summary Last month, Femi Otedola acquired a 5.52% stake in Transcorp Plc, making him the second-largest investor and setting him on the path to take over the company. But the acquisition set off a power struggle at Transcorp, with Tony Elumelu’s camp eventually securing