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Digital Africa Reinvents Business Model to Support 200 Tech Entrepreneurs

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Digital Africa, a €130 million pan-African, European and French public-funded organisation, has reinvented its business  model to support the growth of about 200 African  tech entrepreneurs.

Ms Stéphan-Eloise Gras, Chief Executive Officer (CEO), Digital Africa, said at a virtual media roundtable on Tuesday that the organisation was committed to boosting African start-ups.

She said that the organisation had published a white paper entitled ‘Supporting Made-in-Africa Digital Innovations’.

Gras said that, as part of the white paper,  Digital Africa released an updated roadmap for 2022-2025 together with a refreshed set of objectives, with the ambition to support 200 high-impact African start-ups.

She said that to achieve the objective, the white paper clearly outlined a set of renewed objectives and 12 programmes organised in three focus areas.

According to her, the focus areas  are equipping high-impact and digitally-enabled start-ups,  sourcing African and global finance to scale up projects, and developing research and policy recommendations in support of made-in-Africa digital innovations.

She said that building on recent successes including its Bridge Fund, Digital Africa was looking to move away from its initial non-profit model with a refreshed governance structure, a new business model and the ambition to get closer to the private sector.

The News Agency  of Nigeria reports that as part of its white paper, Digital Africa also released an updated roadmap for 2022-2025 New Business Model and Governance Structure.

Gras said that after three years of existence, Digital Africa was reinventing its model to support the growth of its activities and serve the needs of African tech entrepreneurs better.

According to her,  Digital Africa is looking at joining forces with Proparco (investment arm of the Agence Française de Développement – AFD), to bring additional expertise to its existing investment programmes.

‘’Digital Africa would be positioned as the continuum to Proparco, focusing on early stage start-ups.

‘’After three years of existence, we are more than ever convinced that made-in-Africa technology is key for a more inclusive and sustainable growth.

‘’This is exactly why our goal is to boost African start-ups and tech ecosystems.

”The best way to do so is to reinvent our model, become a public-private entity guided by strategic committee, with a diversified business model and extended capabilities,’’ she said.

She added that the objective would be for Digital Africa to be able to deploy direct seed financing capabilities for high potential start-ups across the continent.

Gras said that with the unique model, Digital Africa would have the potential to become a one-stop shop for the African tech scene, acting like a super-aggregator of data, policy, knowledge, capabilities and funding opportunities.

She said  that as part of the partnership model,  a strategic committee would be deployed, bringing together ‘doers’ from key African tech ecosystems to guide Digital Africa’s actions.

Gras said that a call for candidates would be launched on March 1 with the  objective to better reflect the diversity of African tech ecosystems from geographical and skill perspectives.

She said that it would  bring together entrepreneurs, investors, training and research organisations, incubators and innovation policy experts from key tech ecosystems across African.

She said  the  desire to address African  pressing issues led to the launch of  Bridge Fund, a €5 million fund,  deployed by Proparco to address both short-term and long-term financing challenges for African start-ups.

Gras said that it aimed to support African start-ups impacted by the COVID-19 crisis and those in their seed phase or between two fundraising rounds, by giving them access to venture debt, a form of financing currently lacking across Africa.

She said that 87 per cent of African start-ups did not have access to any financing, and only 20 per cent of Small and Medium  Enterprises (SMEs)  had access to bank loans.

According to her, this is in contrast to the fact that Africa is the continent with the highest number of investors, and where SMEs generate 90 per cent of formal jobs.

She said that in few months, over 230 start-ups applied from across 40 countries in Africa, and €3.4 million out of the fund’s €5 million budget had already been allocated.

Gras said that  Bridge Fund was designed  to provide responsiveness to African start-ups’ needs in the time of a global pandemic and beyond.

” Our intuition is that more can be done to address the funding gap, especially with debt mechanisms.”

She said that there was an opportunity for Digital Africa and its European partners to scale up and accelerate made-in-African technology.

Grégory Clemente, Chief Executive Officer of Proparco, said: “Nearly a year and a half after its launch, the success of the Bridge Fund confirms that it concretely meets the needs of entrepreneurs on the African continent.”

Clemete said that Bridge Fund was  tool for accelerating the growth of start-ups and responding to the increased financing difficulties linked to the COVID-19 crisis.

He said that  funding of a large number of start-ups  in a short time  was made possible by effective processing by Digital Africa and Proparco, targeting high-potential start-ups.

He said  that the start-ups  were at least 18 months’ old and had already received funding from an investor or a recognised structure.

NAN reports that Digital Africa was launched in 2018 with the mission to equip African tech entrepreneurs with capabilities to design and scale-up ground-breaking innovations for the real economy. (NAN)

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Science & Tech

Bayelsa APWEN Donates Laboratory Equipment to St. Judes Girls Secondary School

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From Mike Tayese, Yenagoa

The Association of Professional Women Engineers of Nigeria (APWEN) Bayelsa Chapter led by their Chairman, Engr. Dr. Amalate Ann-Jonathan Obuebite FNSE, visited St. Judes Girls Secondary School, Yenagoa in commemoration of the 2026 International Day of Women and Girls in Science, donates laboratory equipment.

The donation, which includes pH meters, weighing scales, measuring cylinders, viscometers, volumetric and conical flasks, beakers, and pipettes is meant to support and encourage the study of Science, Technology, Engineering, and Mathematics (STEM) courses.

Presenting the items to the principal, Mrs. Josephine Imbiakpa, Dr.

Obuebite emphasized APWEN’s commitment to promoting STEM education among girls.

Mrs. Imbiakpa expressed immense gratitude to APWEN BAYELSA for the donation, stating that it would motivate students to pursue STEM careers.

The event aimed to inspire girls to explore STEM fields and bridge the gender gap in these areas in line with the theme for this year.

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Technology Crucial to Success of New Tax Laws

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NRS chair, Adedej

The Executive Chairman of the Nigerian Revenue Service (NRS), Zacch Adedeji, has described technology as a crucial factor in the implementation of the new tax laws in the country.

Adedeji stated this on Wednesday while delivering the maiden convocation lecture of the Federal Polytechnic, Ayede, Ogo-Oluwa Local Government Area of Oyo State.

In a statement by his Technical Assistant on Print Media, Sikiru Akinola, Adedeji listed some of the most fundamental challenges confronting taxation to include infrastructure, skills, trust and resistance.

In the lecture entitled ‘The Role of Technology in Implementing Nigeria’s New Tax Laws: Challenges, Prospects, and Implications for National Development,’ the NRS chairman said each of these challenges would be addressed with the imminent upgrading of the country’s tax system for a digital environment.

“Nigeria has recently enacted a new set of tax laws, representing the most significant restructuring of our nation’s fiscal legislation in 50 years. While public conversation often frames these changes as legal reforms, and that is true, it is also an incomplete picture.

“These laws are not merely changing rates, definitions, or administrative powers. They are quietly redefining how authority operates within the tax system. This is a complete structural overhaul, signaling the end of tax collection as a manual task and the beginning of tax intelligence.

“If you read the new laws carefully, you will notice a subtle but profound assumption woven throughout their fabric. They presuppose the existence of reliable taxpayer identification, integrated data across institutions, traceable transactions, automated processes, and scalable enforcement.

“In other words, these laws are built for a digital environment. They cannot function properly in a manual, fragmented, paper-based system. The implication is clear: without technology, the laws remain aspirational. With technology, they become operational.

“This transition is central to the mandate of the Nigeria Revenue Service as we implement this new legal framework. Historically, tax administration relied heavily on human discretion over who is registered, who is assessed, who is audited, and who is penalized.

“While discretion is not inherently evil, excessive discretion creates inconsistency, which in turn breeds mistrust and drives non-compliance,” Adedeji said.

Speaking further, he noted that when infrastructure improves, capacity grows, trust is protected, and resistance is managed just as technology begins to do what policy alone cannot.

“One of the most important prospects of a technology-driven tax administration is the ability to expand the tax base without increasing tax rates. This matters deeply in a society where citizens already feel overburdened.

“By improving visibility and bringing previously unseen economic activity into view, technology levels the playing field. When compliance broadens, the pressure on the existing base reduces,

fairness improves, and legitimacy grows. This is how modern tax systems grow revenue sustainably,’ he added.

In his remark, the Speaker of the House of Representatives, Tajudeen Abass, encouraged the graduating students to be good ambassadors of the institution.

Represented by AbdulFatai Buhari, senator representing Oyo North, Abass charged them not to relent in their bid to acquire more knowledge.

He also commended the tax boss for leading the change in tax administration in the country.

The institution’s governing council chair, Yakubu Datti commended Adedeji for leading the re-engineering of Nigeria’s tax architecture.

The Rector of the institution, Dr. Taofeek Adekunle Abdul-Hameed, charged the graduating students to emulate Adedeji who, he said, began his journey from a polytechnic.

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Nigeria, Meta launch AI accelerator programme

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 The Ministry of Communications, Innovation and Digital Economy has partnered with Meta to launch the Llama Impact Accelerator, promoting impactful AI development in Nigeria.

The Minister, Dr Bosun Tijani, confirmed this in a statement released on Tuesday by Ms Sade Dada, Head of Public Policy for Anglophone West Africa at Meta.

Tijani described the partnership as a significant step in Nigeria’s mission to nurture a thriving AI ecosystem and drive national development through innovation.

He said the government views AI as a key tool for addressing national challenges. The programme will equip innovators with vital tools and expert guidance.

“This initiative forms part of Meta’s broader effort to democratise responsible AI and foster local innovation across Nigeria’s growing technology landscape,” the minister noted.

Tijani added that collaboration with government, academia and civil society will help cultivate a more inclusive, forward-looking AI community in the country.

Dada stated that Meta also partnered with the National Centre for Artificial Intelligence and Robotics (NCAIR) and the National Information Technology Development Agency (NITDA).

She explained that the eight-month programme targets early-stage startups using open-source Llama models to tackle national and regional challenges in four key areas.

The priority sectors include agriculture, security and safety, healthcare, and a ‘wild card’ category for high-impact innovations in any other field.

“The wild card category encourages bold and creative AI applications that could bring substantial impact to underserved sectors,” Dada said.

She added that the programme starts with a six-week incubation phase, offering technical training and mentorship from industry leaders and AI professionals.

This is followed by six months of extended support, including access to further technical resources and relevant opportunities for growth and scaling.

Dada said Meta was thrilled to collaborate with FMCIDE on this initiative, recognising Nigeria’s strong innovation ecosystem and growing pool of AI talent.

She added that Meta aims to empower communities through open-source AI, tailored to address Nigeria’s unique development challenges.

“The accelerator offers local talent the infrastructure, tools and mentorship needed to build responsible solutions using open-source models like Meta’s Llama,” she said. (NAN) 

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