GE, Lagos state, others partner, host tech conference for Nigerian young entrepreneurs

General Electric (GE), the world’s premier digital industrial company, in partnership with the Lagos State Government and other organisations hosted a technology conference for Nigerian startups in the US. The effort was in line with the American multinational conglomerate’s commitment to skills development and the empowerment of entrepreneurs in Nigeria. The conference, a result of […]

Export institute set to partner NEXIM, BOI to train Nigerian youths on processing, packaging agricultural products

The Institute of Export Operations and Management (IEOM), Nigeria, revealed plans to partner financial institutions on the training of Edo youths on processing and packaging agricultural products, mineral resources, as well as art and craft products to meet international standards and quality for export. The Institute, which also disclosed plan of providing the youths financial […]

Ecobank unveils 2018 fintech challenge for African start-ups

Ecobank, a pan-African banking group, is inviting African fintech entrepreneurs to enter the second (2018) edition of its fintech challenge. The bank is currently accepting submissions from all start-ups and developers in any of Africa’s 54 countries. Ecobank Fintech Challenge is an initiative that gives African start-ups the chance to promote their fintech solutions, and […]

Nigerian startup, Edves among winners of 2017 Seedstars Global startup competition

  Nigerian start-up, Edves, which has developed a portal for schools to share educational materials with learners and for parents to make payments to schools, among the winners at the just concluded 2017 Seedstars World startup competition led by Ghanaian startup AgroCenta, which beat all competitors in Lausanne, Switzerland. The agri-tech startup walks away with US$500,000 in […]

Nigeria’s fintech startup Zoto grows transaction base by 56% in 2017

Nigeria’s growing payment solution, Zoto, Monday announced  56 and 200 percent growth in its transacting user base and order volume respectively in the last financial year. The fintech startup, a product of Hedonmark Management Services Limited, processed 5 million orders in the last year which is expected to grow 300% to 15 million orders in the […]

Startup to be America’s first $1bn “marijuana unicorn”

Cura Cannabis Solutions, maker of the Select Oil vape cartridges, wants to be the first “unicorn” with a $1 billion valuation in the US marijuana industry. The company raised at a $400 million valuation in 2017. While other cannabis brands tout being vertically integrated, Cura is focused on building a singular product: cannabis oil. Cura […]