In a groundbreaking move, Nigeria has joined forces with Ericsson, a global leader in 5G technology, to revolutionize the country's digital landscape. This strategic partnership aims to fast-track 5G deployment and foster innovation across various sectors of the Nigerian economy. Ericsson Nigeria: Paving the Way for a Digital Revolution The collaboration between Nigeria and Ericsson…
Ambassador Fashina Olaoluwa, representing Nigeria at the Best Diplomatic Conference in the United Kingdom (UK), highlighted Nigeria's status as Africa's leading financial technology (FinTech) hub. In his address, he emphasized how Nigeria has been a key player in fostering a fair, inclusive technological ecosystem and closing the digital divide across the continent. Nigeria's Commitment to…
Quidax Sponsors BusinessDay’s Blockchain Conference: A New Era for Nigeria’s Cryptocurrency Industry
BusinessDay's annual blockchain conference, a key event in Africa's digital development, will take place on September 11, 2024, at the Radisson Blu in Victoria Island, Lagos. This year's theme, "Building Africa's Future: Harnessing Blockchain for Social and Economic Transformations," emphasizes the significant impact blockchain technology can have on the continent's growth. The conference presents a…
Nigeria's Workjeje is an innovative online platform that connects individuals and companies to quality service providers in their vicinity. It specifically caters to urban dwellers who prioritize quality and convenience. Workjeje, the brainchild of University of Nigeria students Fortune Nwankwo, Collins Onyebuchi, and Ejike Anthony, was born in 2021 out of a shared frustration with…
Safaricom, Kenya's leading mobile network operator, is strategically expanding its renowned mobile money transfer service, M-Pesa, into West Africa. Launched in Kenya in 2007, M-Pesa transformed the landscape of banking and monetary transactions, becoming an essential service for millions. However, as it enters the West African market, M-Pesa faces a new challenge: a region bustling…
Jumia, a leading pan-African e-commerce enterprise, has declared its intention to discontinue its food delivery service by the end of the year, citing unprofitability as the primary reason. This move will impact all seven countries where the service is currently available, including Nigeria, Kenya, Uganda, Morocco, Tunisia, Algeria, and Ivory Coast. In a recent statement,…
Remedial Health, a Nigerian startup reshaping the pharmaceutical landscape, has amassed $12 million in a Series A equity-debt funding round. The funds aim to enhance operations within Nigeria, digitizing pharmacies and refining the pharmaceutical supply chain. Prominent fintech VC firm, QED Investors, co-led the round, demonstrating faith in the potential for embedded financial services like…