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Kwik Delivery successfully closes its $1.70m pre-Series A financing round

Kwik Delivery (www.Kwik.delivery) announced on Friday that it has closed its pre-Series A financing round. The company successfully raised $ 1.7 million in equity from institutional and high net worth investors, according to a press statement circulated by the African Press Organisation. “Kwik Delivery has demonstrated to customers and investors alike its efficiency as well […] Read Full Story

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Here is what your credit score says about your financial health

financial health

Credit score is coming into everyday usage thanks to the proliferation of financial technology (fintech) startups such as Carbon (formerly Paylater), Mamamoni and Renmoney that advance micro-credit to customers. This has necessitated the need for quicker assessment of the creditworthiness of potential borrowers. A poor credit score could mean paying higher interest rates on credit […] Read Full Story

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From basic lighting to powering healthcare centres, how Solar home systems improve lives

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Solar Home Systems have evolved from providing basic lighting to powering primary healthcare centres in rural areas, paving a path for developing countries such as Nigeria to energise lives and livelihoods. Under the Solar Power Naija Programme Nigeria plans to roll out 5 million Solar Home Systems (SHS) to energise underserved and unserved communities. According […] Read Full Story

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Nigeria’s investor-friendly mini-grids regulations rank among Africa’s best

Mini-grids, a component of off-grid solutions, are providing developing countries an opportunity to attain universal energy access at the least cost and Nigeria’s investor-friendly regulations are some of the best in Africa. This is largely due to the efforts at developing a legal and institutional framework for mini-grids by the Nigerian Electricity Regulatory Commission (NERC) […] Read Full Story

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Digitalisation gives edge to new African gas producers

New African gas producers are seen having an edge over older ones with legacy analogue assets, as systematic application of digital technologies to gas fields development, offers chances of high returns, increased productivity and cost savings. Digitalisation is also associated with improved performance that follows investments in big data, the ‘Internet of Things’, artificial intelligence […] Read Full Story

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Will electric cars displace oil?

electric cars

Predictions about peak oil, aggressive energy transition programmes among countries and international oil companies are widespread and electricity offers an alternative energy source to power vehicles with the possibility of displacing oil. Global sales of electric cars accelerated fast in 2020, rising by 43 percent to more than 3 million, despite overall car sales slumping […] Read Full Story

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To succeed as a business, career woman is about setting your priorities – Essiet

Abiodun Essiet

Abiodun Essiet is a special adviser to the chairman of Abuja Municipal Area Council on information communication technologies, donor agencies and civil societies. In addition to helping business owners to grow their enterprises, she inspires social change. She spoke to Stephen Onyekwelu on the challenges of creating smart cities in Nigeria and platforms where women […] Read Full Story