Nigel Green, the Chief Executive Officer and Founder of deVere Group, an independent financial advisory and fintech organisations has warned Bitcoin investors to brace up for more of government scrutiny. The warning is coming as governments around the world are skeptical of cryptocurrencies, even as Coinbase, the biggest cryptocurrency platform in the U.S., prepares for its public debut. “Governments, central banks and regulators will be keen to protect the current status quo. We should expect considerably higher levels of regulation in the crypto market. Indeed, I believe it is inevitable. However, Bitcoin investors shouldn’t be put off by the likelihood…
Author: ITPulse
The Finnish firm, Finnfund has announced a USD26 million commitment to African Development Partners III (ADP III), to foster the growth and development of African consumer-focused businesses across the continent. The investment, which provides companies with growth capital and know-how aiming to contribute to job creation, climate change mitigation, and gender balance, will push ADP III to support established and growing consumer-focused businesses to improve their processes and expand regionally across Africa. “We are very pleased to announce our commitment to ADP III, as it fits well to Finnfund’s strategy as a development financier and impact investor. Through this investment,…
Amid the ravaging global Covid-19 pandemic that led to a significant drop in the number of venture capital deals and brought uncertainty for many companies operating in this market, investment into Fintech companies hit $105.3billion in 2020, almost a 40 percent plunge amid pandemic. According to available data, this is almost a $63billin drop from $168billion in 2019, which was said to be the record year for fintech investments. Investments into Fintech from 2010 according to KPMG’s 2020 Pulse of Fintech report show that in 2010, fintechs raised $9billion in funding. In 2015, this figure grew more than seven times…
Lagos-based EdTech start-up, ScholarX Technologies Limited has partnered Airtel Nigeria in her quest to connect millions of unconnected people in Africa to the Internet and help them get trained invaluable skills for the new Digital Economy. This partnership is coming as ScholarX received major support from the GSMA Innovation Fund for Mobile Internet Adoption and Digital Inclusion while leveraging on the expansive retail and digital footprints of Airtel Nigeria to deliver its skill acquisition content. Also, with the partnership with Airtel and funding from GSMA, ScholarX will launch LearnAM, a new mobile learning platform that provides skills training content to…
As part of efforts to engage Nigerians across the country on their rights and privileges within the telecommunications sector, the Nigerian Communications Commission (NCC), address a large gathering of telecom consumers during the NCC Special Day held at the recently-concluded 32nd Enugu International Trade Fair At the Trade Fair, which organised by the Enugu Chamber of Commerce, Industry Mines and Agriculture (ECCIMA), the Executive Vice Chairman (EVC) of the Commission, Prof. Umar Garba Danbatta, acknowledged that events such as the trade fair provide the opportunity for the Commission to interact with consumers and attend to their service-related concerns. Represented by the…
The United Nations Development Programme (UNDP) has selected Nigerian entrepreneur, Powerstove as one of its Growth Stage Impact Ventures. “Let’s congratulate Powerstove, our Nigerian finalist in the Energy category,” UNDP announced in an email message sent by Laura Eboa Songue, its Communication & Marketing Consultant. Other entrepreneurs selected by UNDP, EPFL, Orange and SAP are Kingo, Iluméxico, and Easy Solar, saying they are the most innovative and investment-ready ventures providing products and services to access affordable and clean energy from Mexico, Guatemala, Sierra Leone and Nigeria! These entrepreneurs serve more than 700,000 users between Latin America and Sub-Saharan Africa, providing solar-home systems, smokeless cookstoves, and solar lamps to low-income communities,…
Social networking platform, Twitter has adduced reasons why it decided to site its headquarter of African operations in Ghana ahead of other African countries in its regional expansion drive. In a blog post, the company described Ghana as a champion of democracy, supporter of free speech, online freedom and open internet of which Twitter is also an advocate. Apart from these, Ghana’s recent appointment to host the Secretariat of the African Continental Free Trade Area aligns with Twitter’s overarching goal to establish a presence in the region that will support its efforts to improve and tailor the service across Africa.…
The National Information Technology Development Agency (NITDA) has opened a portal for the submission of ideas from Nigerians for this year’s World Creativity and Innovation Day. The portal http://bit.ly/NITDA21WCID is opened today being April 12, 2021 till April 17, 2021. Entries will be evaluated and assessed by April 19, 2021 and successful ones will be required to do a 5-minute live pitch on Wednesday, April 21, 2021. This year’s theme is “Inspiring Creativity and Innovation in the Nigerian Digital Economy”. This is to harness innovative and impactful solutions for the development of a vibrant digital economy. The World Creativity and…
By Genevieve Koolen Will people return to the office when it’s safe to do so? Since the start of the pandemic last year, organisations and employees across the world have embraced remote work like never before. Office workers, freed from the confines of corporate headquarters, now perform their tasks, meet with colleagues and customers, and maintain high levels of productivity all from their homes using cloud and other online collaboration tools. For many industries, including IT, banking and other financial services, it is highly unlikely that workers will return to the office in the same way as before, even if…
Global cybersecurity service provider, Kaspersky has launched a course geared around reverse engineering in the expansion of its portfolio of online training for cybersecurity professionals. The course is targeted at those who already have a basic understanding of malware analysis and will enable both individuals and teams to master applied reverse engineering skills from the comfort of their own homes, as they follow best practices provided by the Kaspersky Global Research & Analysis Team. “Working on real-life case studies, in dedicated labs and benefiting from Kaspersky’s expertise, participants can reshape their existing set of skills, making them better reverse engineers.…
