Capacity building, critical to Africa’s energy future
By Stephen Bolu Contrary to the new normal where technology leads business reformations, growth conversations in Africa’s business landscape, particularly in Nigeria energy sector, often begin with capital. Investment, infrastructure, and asset acquisition are frequently treated as the clearest indicators of progress. While important, they do not tell the full story of what is required […]
FG’s N300b innovation seed fund to create 35,000 jobs
THE N300 billion innovation fund released by the Federal Government of Nigeria as seed fund to grow local technology start-ups, is expected to create up to 35,000 jobs in the country. The seed fund will work in concert with the $50 million target seed fund which an investment company, EchoVC, has promised to inject for the growth of African tech startups. EchoVC is the sole manager of the Federal Government’s fund.
Hosting ADS Forum’ll boost digital switchover project – Mba
The Director General, National Broadcasting Commission, Mr. Emeka Mba has said that the securing of the hosting rights of the African Digital Switchover Forum will add more impetus to Nigeria’s digital switchover project. He announced this at the weekend, during the formal signing of the hosting agreement with the CTO in Abuja.
S&T Minister unveils policy thrust, says political will needed for sustainable R&D
In an apparent move to hit the ground running, the Minister of Science and Technology, Dr. Ogbonnaya Onu says his main thrust in the new administration is to secure the dwindling economy through import substitution and fight crime using science, technology and innovation. He said the country had suffered setbacks in terms of economic and security development due to the continued display of ignorance by the previous administrations and their sheer neglect of science and technology as the critical factor in achieving true development.
Gionee enriches smartphone market with M5 Mini
MOBILE phone manufacturing company, Gionee, has said that its recently released Gionee M5 is targeted at Millennials who are keen for innovation, efficiency and stylish devices. Speaking at the product launch, Marketing Director, Gionee Nigeria, Mr. Somoye Habeeb, Gionee Nigeria, said that the company is focused on delivering high quality phones that fit the lifestyle of the Nigerian middle and upper class without hurting their pockets.
LG crowned ‘brand of the year’
LG Electronics was crowned the ‘Brand of the year 2015’ at the prestigious Red Dot Awards held in Berlin recently. The honour was bestowed on the electronics giant following its thirteen wins in Red Dot’s communication design category over the course of last year.
