Innov8tiv Innov8tiv - Blacks In Technology in USA, UK, Caribbean Islands & Africa The CBD industry is booming like never before. In fact, consumer sales of CBD are expected to reach 1.8 billion US dollars by 2022. In 2014, sales were at 108 million dollars, so you can see what a massive increase this is. If you’re looking to get a piece of the CBD pie, now is […] 7 Profitable CBD Business Opportunities to Get Started in the Industry Innov8tiv.com

Innov8tiv Innov8tiv - Blacks In Technology in USA, UK, Caribbean Islands & Africa So-called “smart” gadgets have become all the rage in recent years. From smartphones and smart speakers to smart thermostats and smart light bulbs, the average American home contains all kinds of smart devices. The country has gone so smart crazy that there has even been some talk about smart guns making an impact on the firearms […] What Is a Smart Gun? Everything You Need to Know Innov8tiv.com

Innov8tiv Innov8tiv - Blacks In Technology in USA, UK, Caribbean Islands & Africa For people who are mad about technology, the opportunity to work in the tech industry in some way can be a very alluring prospect. Not everyone wants to get involved, of course – some people are much happier as consumers of electronics rather than active participants in its development. However, anyone who is looking for […] Is Electrical Engineering A Good Career Choice For Tech Lovers? Innov8tiv.com

      Like a flash in the pan, the spread of the widely reported virus, Corona, has eventually got into Nigeria. The virus which originated from the Wuhan province in China is the latest monster threatening not only high ranging mortality, but also a disruption of socio-economic life and international trade on a global scale. From Australia to Estonia, Japan to India, the deadly virus seems to be on the race to infect the whole world. So, on the midnight of Friday 27 February, 2020, an Italian who was on a brief business trip, came into Nigeria with the…

After the formation of the Nigeria Police Force in 1820, what could be termed as regional police sprung up in 1879 and 1896. Over 1,000 members armed paramilitary Hausa Constabulary was formed in 1979, while the Lagos Police, serving Lagos colony, was established in 1896. Historical information indicates that the establishments of the units became necessary because of the need to protect ever expanding population and reduce crime rates in the hard to reach hinterlands.  The information further adds that members of the national and regional police departments were well coordinated towards solving various crime issues without harming non-criminals and…

Innov8tiv Innov8tiv - Blacks In Technology in USA, UK, Caribbean Islands & Africa The total worldwide value of cryptocurrency now exceeds $150 billion. It’s grown from a fringe tech movement to becoming a real-world rival for hard currencies. With so much buzz going on in the cryptocurrency world, it’s no surprise there’s more investment going on than ever. Thanks to tools like the blockchain, by-design cryptocurrencies are safer […] How to Recognize Cryptocurrency Scams Innov8tiv.com

JUMO, a fintech providing loan services, has secured another round of funding in its push to extend its operation to the reach of many markets across Africa. The digital financial service company announced on Tuesday that it has raised $55 million for the expansion of its services. “We are pleased to announce the closure of another successful funding round! We’ve secured US$55 million from a diverse group of investors to secure our expansion into new markets and the launch of new financial products,” JUMO tweeted on Tuesday. The company had in 2018, raised $52 million, staying tops among Nigerian startups…

Innov8tiv Innov8tiv - Blacks In Technology in USA, UK, Caribbean Islands & Africa Futurists say the future belongs to the machines; robotics, big data, machine learning, and artificial intelligence. To put that into perspective, 47% of current jobs will be taken over by machines. Yeah most of us are going to lose our jobs to some damn algorithm or a workaholic robot that never sleeps or gets tired. […] Ethiopia’s ed-tech startup BeBlocky, teaches Kids how to Code Felix Omondi

The Q4 report of 2019 indicates that the economy grew by 2.27% marking the highest increase since the recession of 2016. According to the data published by the Nigerian Bureau of Statistics (NBS), Nigeria’s Gross Domestic Product (GDP) grew by 2.5% (year-on-year) in real terms beating the International Monetary Fund (IMF)’s projection of 2.1%. “Nigeria’s Gross Domestic Product (GDP) grew by 2.55% (year-on-year) in real terms in the fourth quarter of 2019. Compared to the fourth quarter of 2018, which recorded a growth rate of 2.38%, this represents an increase of 0.17% points and an increase of 0.27% points when…

Cairo, Syria, Dubai, Lagos, Abidjan, Morocco...those are just a few of the cities Martha has visited. She shared her tech experiences here. The post Digital Nomads: the expat who has lived and worked in Cairo, Casablanca, Abidjan and Lagos appeared first on TechCabal.

Are you a female entrepreneur facing challenges and looking for an opportunity to grow and scale your business? Do you desire training, ecosystem support, resources, a dedicated business coach, and access to industry leaders? Would you like to connect with other female founders in the tech ecosystem, share learnings and experiences, and expand your Pan-African […]

It is coming as predicted: Amazon will not invest in African ecommerce but will push more into African cloud by possibly partnering/investing in major telcos in key African markets. My thesis that investing in Africa ecommerce would be hard is purely based on the heterogeneous and disparate natures of our economies, unlike India which is one market of a “continent” or China which Amazon failed but not for lack of trying. The logistical challenge to get scale in Africa in order to reduce marginal cost might have scared Amazon on any ecommerce plan. In Africa, you have to work really…

Before the confirmation of the first coronavirus case in Nigeria, citizens and experts had wanted strategic preparation for the containment of virus that has killed thousands of people and leaving many struggling with its various symptoms. On February 27, 2020, Nigeria, New Zealand and Lithuania joined other countries that have recorded cases of the virus. With the confirmed of the new cases, the World Health Organisation says epidemic could get ‘out of control’. The global health management’s position has been reinforced with the latest report that the virus is reappearing in discharged patients. In Nigeria, “the patient is an Italian…

Innov8tiv Innov8tiv - Blacks In Technology in USA, UK, Caribbean Islands & Africa The devastating wave of the coronavirus, which has claimed at least 2,800 lives, has caused public panic not just in China where it has hit the most, but across the world. There are reports of deaths resulting from the virus in the US, Britain, and Nigeria became the first sub-Saharan African country to report coronavirus […] How Coronavirus has forced Companies to consider Work-from-Home policy Felix Omondi

Grace Osagie doesn’t know when she will post new stock on her Instagram business pages. “I’ve not been able to get goods out of China,” the Lagos-Nigeria based online fashion retailer tells me. As you should know if you have not been under a rock, Covid-19 is on a rampage. Popularly known as coronavirus, the […] The post How coronavirus is stifling Nigerian fashion stores on Instagram appeared first on TechCabal.

Innov8tiv Innov8tiv - Blacks In Technology in USA, UK, Caribbean Islands & Africa When it comes to their careers, many people are on the lookout for something new rather than being stuck in the same dead-end job for years on end. However, for many people, deciding what sort of new career path to take can be a difficult decision. There is so much choice out there, depending on […] Why Consider a Job in Tech? Innov8tiv.com

As coronavirus (Corvid-19) ruffles economic ordinances, market systems and puts more humans at risk, the Board of Medcera, this morning, approved to share our Medcera technology to any public health institution that needs a modern health care tool to manage the virus containment. Medcera is the world’s first location-agnostic electronic health record system, making it possible that patients’ medical records are stored in one location, irrespective of city, hospital or domain. In other words, your medical record is always up to date, no matter where you are, provided the clinics are using Medcera. Medcera has integration with labs, imaging centers,…

Thank you Africa Integrity Prize for recognizing FASMICRO. We remain focused on our drive to “cure” extreme poverty in Africa through Zenvus. In this connection, Africa Integrity Prize (AIP) is a value-driven project of the African Child Foundation for identifying, recognizing and rewarding Africans and friends, brands, products, individuals and organizations who put the continent first in positive light, for their demonstrated ability to sustain Integrity, innovate and invent for the social economic progress of the Continent, individuals and organizations who have proffered way forward using home grown solution to solve the devastating effect of corruption, ineptitude, poverty, quackery, i.e…

Biomedical Engineering, as discipline, represents the intersection between engineering and the medical sciences. It is a novel field that is gradually being introduced for learning across tertiary institutions in Nigeria. It covers areas such as Robotics, Wearables, Nano-technology, Artificial Organs, Implants, Prosthetics, Medical Imaging, Bio-electronics, Telemedicine, Biomedical Signal Processing and Instrumentation etc. The novelty nature of this discipline therefore implies that students as well as instructors have limited access to educational resources that could aid the transfer of knowledge in Nigeria. It is for this reason, and more that, a call for authorship is been made. Authors with advanced degree…

When you need to learn valuable insights for career advancement or personal development, “where do you go to that is not boring, where you can watch video and the time frame is short?” Learning online has many benefits. An internet connection provides access to tons of free resources. But it can come with costs such […] The post Edtech startup, 5minutes is building a social media for African mentors and learners appeared first on TechCabal.

Vatebra Tech Hub, a Lagos-based ICT company with competency in the delivery of cutting-edge Software Solutions, has shortlisted Guava, Wellvis, and ProximateAGRO for its inaugural 6-month mentorship-driven incubation program. Launched in 2019, the tech hub, which is being sponsored by the Bank of Industry, seeks to promote skills development, youth entrepreneurship and job creation in new […]

Innov8tiv Innov8tiv - Blacks In Technology in USA, UK, Caribbean Islands & Africa As we are drawing closer to the weekend, some people are nursing financial wounds inflicted on their PayPal accounts last weekend. If you are among the lucky ones whose account was not affected, then you must have heard the news that some PayPal accounts were hacked into, and the hackers gifted themselves merchandise worth tens […] How some PayPal users got Hacked and Lost Money last Weekend Felix Omondi

Next week, Google Nigeria, in partnership with digital payments company Flutterwave, will kick off a series of business clinics aimed at helping 5000 merchants across Nigeria acquire the skills and tools needed to leverage the Web for growth.  Called the ‘Digital Business Compass’, the first clinic sessions will be run from 3 – 5 March […]

Innov8tiv Innov8tiv - Blacks In Technology in USA, UK, Caribbean Islands & Africa SFAN (Stars From All Nations) is organizing the 2020 edition of Quantum Leap Career Fair on careers in Data Science and Artificial Intelligence (AI). Whether we acknowledge it or not, the fact remains that Data Science and AI are killing many jobs. But that’s not all. They are also creating new jobs that will be […] SFAN to Organize Quantum Leap Career Fair 2020 on Careers in Data Science & AI Innov8tiv.com

Innov8tiv Innov8tiv - Blacks In Technology in USA, UK, Caribbean Islands & Africa Setting up a business is indeed a great move towards financial freedom. To achieve success, you must learn to spend your start-up capital wisely. It is better to be practical and frugal instead of failing because you spent all your money in the wrong places. In this article, we will share some tips to spend […] How to Spend Your Budget Wisely: Tips for Start-Up Business Owners Innov8tiv.com

Innov8tiv Innov8tiv - Blacks In Technology in USA, UK, Caribbean Islands & Africa If 2020 has so far established anything in the world of internet marketing, it is that the SEO is not dead. So you still need to work on it and keep upgrading your techniques with the evolving landscape to make sure you stay ahead of the curve. In this rat-race of following everything and anything, […] Search Engine Optimization Mistakes you should Avoid Innov8tiv.com

Nigeria’s government determination to recover over N5 trillion debt owed by about 350 individuals and corporations in the business space is taking a firmer hold. On Tuesday, the federal government announced in a statement, the forfeiture of Buba Galadima’s properties for the sum of N950 million he has owed since 2011. The Assets Management Corporation of Nigeria (AMCON) saddled with the responsibility of debt recovery secured the court order to confiscate his properties. According to the statement issued by the presidency, it is a step that must be taken to salvage the financial sector from bad debts that are threatening…

My first encounter with the almajiris was way back in the 80’s. Then, we, my family, were living in Katsina. I never understood what almajiri stood for but I knew enough to stay out of their way. If an almajiri breaks your head, the whole town will blame you because, well, he’s almajiri. If any of them comes to your house to ask for alms, just politely give them whatever you have and set them off as fast as you can without making it obvious you wanted them out of your house. Failure to give them anything at all, or…

The Kano State Government has announced a ban on the practice of street begging known as Almajiris. The development is part of the efforts of the State Government to implement compulsory basic education for the state and eliminate the menace of out of school children. The announcement was made during the launching of Basic Education Service Delivery for All (BESDA) and Distribution of offer of Appointment to 7,500 volunteer teachers on Tuesday, at Sani Abacha Stadium Kano. The Kano state Governor, Abdullahi Ganduje said the Almajiri system can longer be condoned and teachers in the state must come in terms…

As the quest to electrify Africa continues, African countries are exploring alternatives to gas and solar energy to power electricity. Wind power has become one viable option that leading economies in the continent are tapping into. Africa is the least electrified continent in the world with a booming population of young people pushing through entrepreneurship; the situation has dampened its economic growth, making more rooms for unemployment. Industrial activities have also been stymied, and it wanes the interest of potential foreign direct investments. Efforts to curtail the deficiencies have been in slow pace. National grids are underperforming, producing much less…

Cultism, stealing, alcoholism, smoking, prostitution, examination malpractice, and lobbying are no longer news in our tertiary institutions. The majority of students on campuses have found several vices to keep them occupied rather than their studies. Youthful exuberance and juvenile delinquency are now the order of the day. With no fewer than one million students seeking admission into tertiary institutions every year and about half of them succeed, I do ask myself, what is the drive behind Nigerian youths wanting to further their education? Is there clarity of purpose or even an atom of ambition that is propelling them to pursue…

Some emails on the Freemium section in the lecture material for Tekedia mini-MBA Week 3. The fundamental premise why I had suggested that a Freemium-based business in Africa without a Double Play is faulty is as follows: Building a website with enough traffic to boost those two coefficients in my break-even traffic equation is tough, for advertisement to make sense. With supply of contents unbounded, it is a hopeless strategy. Google last month cut earnings by 50%; you need 2x traffic or clicks to earn what you could have earned in Dec 2019. Freemium model is based on a faulty…