A new report by Partech Africa Team has revealed that the Venture Capital funding raised by tech startups on the continent totaled US$ 2.02 billion, representing 74 percent year-on-year growth when compared to US$ 1.163 Billion in 2018. In the report titled ‘2019 Africa Tech Venture Capital Report’, the totaled US$ 2.02 billion was recorded in 250 deals with an average tech deal of $8.08 million in the year. According to Partech, there is massive densification of early-stage with 206 transactions (+57% YoY) in Seed & Series A investments totaling US$ 620 Million (+116% YoY), a confirmation that there is…
Author: ITPulse
In a bid to improve broadband penetration in Nigeria and vigorously pursue the Digital Economy agenda, the Nigerian government is targeting an additional 120,000 kilometers of fibre cables in the next four years. This will an improvement from the 54,725 kilometers of fibre cables presently laid across the country through the efforts of some private companies in the sector. The government spoke through the Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof. Umar Danbatta, while reeling out NCC’s regulatory priority areas for the next five years during an interactive session with senior media chiefs from the mainstream and…
Broadband penetration rose from a meager 6 percent in 2015 to a whopping 42.02 percent in July 2020, the Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof. Umar Danbatta has disclosed. Danbatta disclosed this on Friday during an interactive session with senior media chiefs from the mainstream and online media community where he gave accounts of his stewardship as the Chief Telecoms Regulator in the last five years. The increase in the broadband penetration in the last five years according to him is as a result of the diligent implementation of NCC’s Strategic Vision Plan (SVP), which focused…
Let me start this piece on remembrance of the Amazon Dr. Dora Akunyili who died of uterine cancer in 2014. Her popular saying of “A society grows great when old men plant trees whose shade they know they shall never sit in” still resonates with so many compatriots. She was indeed a great loss to Nigeria. Dora Akunyili was a professor of Pharmacology from the University of Nigeria Nsukka, she worked with Muhammadu Buhari’s PTF as a zonal secretary for four years where she was an integral part of the PTF’s medical programme and he excelled in such activities led…
On the 1st of October, 2020, Nigeria will be celebrating its Diamond Jubilee as it turns 60 years. It is a day that reminds every citizen about the dawn of the nation we call our country, a diverse nation with resilient and hardworking people. Nigerians have gone far and wide, impacting their communities and the world at large. To celebrate Nigeria’s Diamond Jubilee, the Federal Government of Nigeria, under the leadership of President Muhammadu Buhari, GCFR has approved an inclusive National Independence Celebration program in line with Covid-19 protocols and guidelines. To ensure inclusiveness, the thematic and creative aspects of…
KPMG Professional Services, one of the big four Professional Services Firms, recently held its Digital Channels Scorecard webinar – 2020. The webinar kicked off with a welcome address and introduction from Senior Partner and Chairman, KPMG Africa, Kunle Elebute, who stated that “This webinar is the first in a series of events created by KPMG to provide deep insights to organisations on how to leverage enhanced customer-centric experience to create and capture transmission value.” The webinar featured technology leaders like Bode Abifarin, CEO, Flutterwave; Akeem Lawal, Divisional CEO, Payment Processing, Interswitch; Meaghan Johnson, Fintech Researcher, Customer Journey Expert, Strategy Consultant,…
ASUS, manufacturer of motherboards, PCs, monitors, graphics cards and routers today announced ZenBook Flip S (UX371), which is touted and considered as the world’s thinnest OLED convertible laptop, as it measures just 13.9 mm thin and weighing a mere 1.2 kg. The ultra-compact ZenBook Flip S is effortlessly portable. The superb ultra-vivid 4K UHD OLED NanoEdge PANTONE Validated color-accurate touchscreen has a wide 100 percent DCI-P3 color gamut, and is VESA DisplayHDR™ 500 True Black certified for deep blacks and exceptional contrast. It’s also TÜV Rheinland-certified for eye care, and for intuitive input, it supports the new ASUS Pen active…
The Advisory Board of Cybersafe Foundation, a non-governmental organization is on a mission to facilitate pockets of change that ensure a safer internet for everyone with digital access and resident in Nigeria has appointed Dr. Obadare Peter Adewale as its new Chairman. In his new role, Dr. Obadare, seasoned cybersecurity thought leader will oversee the activities of the board and all sub-committees as set in the Foundation’s corporate governance manual. Dr. Obadare who doubles as the Co-Founder and Chief Operating Officer of Digital Encode Limited, is arguably the most “Credentialsed” PAN-African CyberSecurity & GRC thought leader; a Fellow of the…
The National Information technology Development Agency, (NITDA), has given the assurances that the National Adopted Village for Smart Agriculture (NAVSA) will be extended across the country with other Nigerians getting the impacts. The Director-General of NITDA, Mal. Kashifu Inuwa, stated this when he hosted the Management of Jigawa Chambers of Commerce, Industry, Mines and Agriculture (JICCIMA) at the Agency’s Corporate Headquarters in Abuja earlier this week. “NAVSA remains one of the success stories of the Agency in the state it has been piloted and implemented. NITDA will ensure that the programme is extended to all the 36 states of the…
The Minister of Communications and Digital Economy, Dr. Isa Pantami has asserted that no country in the world can develop rapidly without taking deliberate decisions to promote its indigenous solutions to solve national problems. The Minister made this assertion during the presentation of N3 million prize money to each of the three promising startups that emerged winners in the COVID-19 Virtual Hackathon organized by the Nigerian Communications Commission (NCC) in Abuja, yesterday. “No country will develop without taking deliberate decisions to promote its indigenous solutions to solve national problems. Through this contest, the NCC has demonstrated its resolve to drive…

