March 2021

A consortium of four international organisations, namely FrieslandCampina WAMCO, URUS, Barenbrug and Agrifirm, has announced their co-operation as strategic partners to accelerate the Nigerian dairy sector. Preparatory to a webinar scheduled for April 20, 2021, key representatives…

Nigerian insurtech startup Curacel, an AI-powered platform for claims processing and fraud management in Africa, has secured US$450,000 in pre-seed funding to accelerate product development and expansion across the continent. Formed in 2017, Curacel automates the insurance claims process,…

The Federal Capital Territory Administration has provided N5 billion in the 2021 budget as counterpart fund for the immediate take-off of the Special Agro-industrial Processing Zone (SAPZ) in livestock production. The Chairman Project Implementation Committee, Prof. Muhammad…

TLG Capital announced yesterday that it would be investing with Fidelity Bank Plc an amount of up to US$20M. Through TLG’s Africa Growth Impact Fund (AGIF), the investment would be channelled towards the development of Small Medium Enterprises (SMEs)…

Y Combinator-backed fintech startup Afriex has raised a seed funding round worth US$1.2 million as it bids to scale its payments and remittances platform across Africa. Founded in late-2019, Afriex provides instant, zero-fee transfers to Africans at home and…

A Nigerian information technology company, Newwaves Ecosystems, has developed konn3ct, an online meetings Application that is about to etch the name of the country in the world’s fastest-growing IT niche projected to be worth more than N30 trillion…

The goal of the expanded facility is to increase Nigeria’s export capacity in the near term and its export volumes in the medium term. The federal government on Monday launched the Export Expansion Facility Programme, an online…

The Federal Government has expressed its readiness to assist in reviving a multimillion-dollar oil fabrication yard in Lagos State stalled since 2015 after a force majeure declared by an international oil company operating in the country. The…

The National Agricultural Land Development Authority (NALDA) is set to establish an integrated farm estate in Imo to complement the state government effort in eradicating poverty. The Executive Secretary (ES) of the authority, Mr Paul Ikonne, made…

Members of the National Assembly Joint Committee on Aviation have hailed the Anambra State Governor, Chief Willie Obiano, for the quality of work done at the new state’s International Airport, Umueri. The lawmakers made the statement during…