Grassroots Activist Hamzat Lawal Shares Insights on Building Resilient Non-Profit Organisations in Africa
Ventures Africa
by Ventures Africa
15h ago
Prominent grassroots mobiliser and activist, Hamzat Lawal, has shared insights on building resilient non-profit organisations in Africa. Lawal shared the insights while responding to questions from the host of a fireside chat, Kalada Belema Meshack-Hart, at the ongoing 5th African Women Summit in Nairobi, Kenya on the 8th of May, 2024. Speaking at a session titled “How to Build Resilient Non-Profit Organisations,” Lawal captivated the audience with his personal experiences and insights on how he started the Follow The Money movement, which is now operational in 12 African countries. The Malala ..read more
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Can Nigeria outsmart POS fraudsters with CAC?
Ventures Africa
by Suotunimi Orufa
15h ago
Nigeria has taken a new stance in the fight against Point-of-Sale (POS) terminal fraud. The Corporate Affairs Commission has instructed all individuals and Point of Sale operators in the country to register their agents, and merchants with the commission on or before July. This decision was made after the Registrar-General/Chief Executive Officer, CAC, Hussaini  Magaji, SAN, had a meeting with some fintech companies at the beginning of the week. According to the CAC via its X( formerly Twitter) handle, the goal is to reduce POS fraud and encourage transparency, ultimately safeguardin ..read more
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From Experimental into Blockbusters: Can the “A24 Model” with Artsy Productions Improve Nollywood’s Silver Screen
Ventures Africa
by Ventures Africa
2d ago
“We want to prove that non-commercial films can work in Nigeria!” This is an ambitious and bold statement from Chuko and Arie Esiri, a pair of independent filmmaking twins from Nigeria. The first reaction to such a grand statement is to be dismissive, to downplay it as a pie in the sky dream. Understandably so. After all, there are easier ways of establishing a career in the arts than by pursuing one in the tough and unforgiving world of independent cinema. It would be wiser to stick to the tried and tested formula that is all too common in Nollywood films of making slapstick comedies and melo ..read more
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Women In Tech Must Collaborate To Create Equal Opportunities – Ruby Igwe
Ventures Africa
by Ventures Africa
2d ago
Country Manager, ALX Nigeria, Ruby Igwe, has urged women in technology to put aside their differences and deepen common interests to collaborate for greater achievements. Igwe was a lead panelist on Friday, 26th April at an conference organized by Women in Tech Nigeria, in partnership with MTN Nigeria to mark the International Women’s Day. While speaking on the topic: “Cultivating inclusive tech communities: Empowering the Next Generation,” Igwe highlighted the importance of not only attracting women to tech courses but also ensuring they complete them to advance their careers. She identified ..read more
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Humanitarian aid workers need more flexibility when distributing relief, says Devex and Visa report
Ventures Africa
by Ventures Africa
4d ago
Visa (NYSE: V), a world leader in digital payments, and Devex, the independent news organization covering development and humanitarian aid, have published a report showing international aid professionals believe a more flexible approach to aid delivery is needed, amid increasing geopolitical instability and climate change. The report, which surveyed almost 1,000 aid professionals globally and is titled Reimagining Aid in the Digital Age: Building Global Capabilities to Serve Local Needs, asked respondents about the benefits and challenges of various forms of aid delivery, from digital cash tra ..read more
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Weekly economic index: Nigerian banks ₦2.09 billion naira loss, MTN Nigeria’s gains ₦700 billion revenue, and Mauritius new subsea cable link to Asia.
Ventures Africa
by Suotunimi Orufa
4d ago
Here are three big stories from Africa’s business and policy landscape you (probably) didn’t miss but should keep in mind this week: Nigerian banks lose ₦2.09 billion to frauds in Q4 2023 Nigerian banks reported a troubling rise in fraudulent activity, with losses reaching N2.09 billion in the fourth quarter (Q4) of 2023. This represents a significant increase of 77.58% compared to Q3 2024, according to the latest “Fraud and Forgeries” report released by the Financial Institutions Training Centre (FITC). The report also revealed an uptick in the number of fraud cases, with Q4 recording 12,405 ..read more
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5th Edition Connected Africa- Telecom Innovation & Excellence Awards 2024: Africa’s Premier Telecom Summit
Ventures Africa
by Ventures Africa
1w ago
Johannesburg, South Africa – The International Center for Strategic Alliances (ICSA) is thrilled to announce the much-anticipated 5th Edition Connected Africa- Telecom Innovation & Excellence Awards 2024, set to be held on May 22nd, 2024, in Johannesburg, South Africa. This esteemed summit stands as a beacon for Africa’s telecom sector, gathering global executives, experts, and leaders dedicated to sculpting the future of telecommunications across the continent. Under the theme “Building a Connected Global Economy,” the summit promises to be a pivotal event, shaping the trajectory of telec ..read more
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What Multichoice’s latest price hike reveals about its consumers
Ventures Africa
by Abdulmalik Fahd
1w ago
“It’s been over six months since we stopped watching (DSTV). I would rather watch internet TV!” commented a frustrated Nigerian under a social post announcing Multichoice Nigeria’s second price hike in six months. Multichoice, the most popular PayTV operator in the country, recently announced an increase in its subscription prices by at least 25%. This will require its DSTV premium subscribers to go from paying ₦27,500 ($19.77) to as much as ₦37,400  ($27.10), and the premium GOtv subscription to also go from ₦12,500 to ₦15,700. The last time the Pay-Tv operator increased its prices ..read more
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Everything You Need to Know about Dogecoin
Ventures Africa
by Ventures Africa
1w ago
Dogecoin is a cryptocurrency that started as a joke. But since its initial release in 2013, it’s gained significant attention and investment. With a meme-inspired logo and strong community support, it’s the cryptocurrency that surprised everyone. Read on to discover its origins, how it works and more. The history of Dogecoin Dogecoin, often abbreviated as DOGE, was created in December 2013 by software engineers Billy Markus and Jackson Palmer. It was initially created as a lighthearted cryptocurrency parodying the influx of new digital currencies at the time. However, Dogecoin quickly captured ..read more
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WIMBIZ Announces Change In Leadership; Appoints A New Executive Director
Ventures Africa
by Ventures Africa
1w ago
We are delighted to announce the appointment of our new Executive Director, Omowunmi Akingbohungbe, who brings a wealth of experience and passion to lead WIMBIZ into its next chapter of growth and impact. We would like to take a moment to express our deepest gratitude to Hansatu Adegbite for over seven years of outstanding leadership. Hansatu’s dedication, vision, and tireless efforts have propelled WIMBIZ forward, leaving an indelible mark on our organisation and moving us towards the achievement of our mission and many accomplishments. We commend and thank her for a job well done, even as we ..read more
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