Most African countries could be middle income countries by 2025

By Shanta Devarajan and Wolfgang Fengler Hardly a week goes by without an African investors’ conference or growth summit. Portuguese professionals are looking for opportunities in Angola. Silicon Valley companies are coming to Kenya to learn about its home-grown ICT revolution. This is not an irrational fad. Since the turn of the century, Africa’s growth has been […]

Nigerian Government launches “Tech Launch Pad,” an innovation program for technology entrepreneurs

The Nigerian Government through its Ministry of Communications Technology has launched an innovation program, “Tech Launch Pad.” Targeted at technology entrepreneurs, the program is focused on addressing 4 key challenges i.e. skills, quality, relevance and funding, facing software companies. Interventions which the innovation programme will provide within each of the identified areas include: Skills building of […]

400,000 mobile money subscribers in Nigeria says survey

There are just over about 400,000 mobile money subscribers in Nigeria a recent survey has revealed. Carried out by Enhancing Financial Innovation and Access (ENFINA), a financial sector development organization that promotes financial inclusion in Nigeria, the survey stated that though about 4.8 million adults are aware of mobile money, only 400,000 people actually have […]