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18th Edition of CFA’s Startups Hangout Comes Up on February 27; Set to teach Startups how to scale up

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By Wale Oguntokun

The 18th edition of CFA’s Startups Hangout, slated for Wednesday, February 27, 2019, promises to be a burden-breaker for many upcoming Startups.

 

This is because, the theme that the guest speakers will be speaking on, ‘From Startup to Scale up – The Whole 9 Yards’, has always been the albatross of many Startups all over the world.

 

The inability to scale up by many Startups is the real reason why many Startups die off before the celebration of their 5th anniversary.

 

The 18th Edition of CFA’s Startups Hangout is set to change that narrative, as it brings in two successful entrepreneurs that have passed through the process of starting up and running successful business concerns that have scaled.

 

The distinguished invited speakers are Mazi Sam Ohuabunwa, Managing Consultant, StarTeam Consult and Aramide Abe, Founder, Naija Startups.

 

“We believe that Startups are a powerful tool for creating thriving and prosperous communities and they need to be assisted in every way possible to grow and scale.

 

“That is why we are bringing in these successful and experienced entrepreneurs to show Startups the path to success too”, Chukwuemeka Fred Agbata Jnr, CFA, the convener of CFA’s Startups Hangout, who is also a Co-Founder of GoDo.ng and Presenter of Tech trends on Channels television, explained.

 

Mazi Sam Ohuabunwa led the Management buy-over of Pfizer Inc shares in Pfizer Products Plc, transforming the resultant company- Neimeth International Pharmaceuticals Plc into a medium-sized Nigerian R&D Based Pharmaceutical company.

 

He voluntarily retired from the company after 33years service in the industry, 18 years of which were at CEO level.

 

He is also a past Chairman, Nigerian Economic Summit Group, past President, Nigeria Employers Consultative Association, past Chairman, Manufacturers Association of Nigeria, Ikeja, past President of the Nigerian American Chamber of Commerce and founded the Sam Ohuabunwa Foundation for Economic Empowerment in 2009.

 

He is also the current President of the Pharmaceutical Society of Nigeria, PSN.

 

Aramide is a digital media professional, entrepreneur and Founder of Naija Startups, a virtual sector-agnostic startup accelerator and entrepreneurship community, which has a vision to facilitate small business growth in Sub-Saharan Africa. She had also worked in IT consulting and marketing, as well as strategy implementation in the financial sector.

 

The mission of her outfit, Naija Startups, is to help build sustainable businesses across Africa via providing access to investors and vice-versa, Startup Talent sourcing, proffering shared services, (e.g. legal, HR accounting), and skills and capability building for the entrepreneurs.

There is no doubt that attendee Startups are definitely going to gain a lot of experience from these two unique personalities at the 18th Edition of CFA’s Startups Hangout this February, which they can subsequently utilize in growing their business.

 

Some of the past speakers that have been featured in past CFA’s Startups Hangout, are prominent successful Nigerian Entrepreneurs, such as John Obaro, Managing Director of SystemSpecs, (Remita), Jane Egerton-Idehen, Country Manager, Avanti Satellite Communications, Wale Ajisebutu, Vice Chairman/CEO, 21st Century Technologies, RDF, Austin Okere, Founder, CWG, Banke Alawaye, Country Manager, Praekelt, Chinenye Mba-Uzoukwu, CEO, InfoGraphics, Afolabi Abiodun, CEO, SB Telecoms and Devices, Bolaji Finnih, CEO, TechPreneur Africa and Ommo Clark, CEO, iBez Solutions.

 

Others are Nadu Denloye, PhD, Co-Founder of Telnet and Director,CDNet, Deepankar Rustagi, the Co-founder, VConnect, Adeoye Abodunrin, ED,Xpos Technologies, Simeon Ononobi, Co-Founder, MyAdsGlobal, Helen Anatogu, CEO and Founder, iDea Nigeria, and Yele Okeremi Founder of Precise Financial Systems and many others.

 

Remita, Swift Networks, Zinox, CFAmedia.ng, NiRA, AskAnExpert and GoDo.ng are partnering with the CFA’s Startups Hangout to ensure that the 18th Edition is successfully hosted.

 

Media partners for the 18th Edition of CFA’s Startups Hangout also include, Guardian Tech, NigeriaCommunications Week, Connectnigeria, Techeconomy.ng, ITPulse, Cyber Africa, Technext.ng and CFAmedia.ng

 

Limited seats are available; register early, to book for a seat at the event.

You can register for the 18th Edition of CFA’s Startups Hangout @ https://startups.cfamedia.ng/


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Ugo Onwuaso is an ICT enthusiast. He believes technology should be used for general good. He holds a Master of Public Administration (MPA) degree from the Lagos state University. Dear Reader, Your support matters. But we believe that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. That is why, we have devoted our energy to independent reportage of technology and finance and how they affect lives. Our incisive and analytical view of how technology news affects the daily life help individuals and organizations make up their minds. Quality journalism costs money. Today, we're asking that you support us to do more. Kindly support our effort to deliver technology and finance journalism to everyone in the world. Donate as little as N1,000. Bank transfers can be made to: UBA Plc 1017156876 Communication Week Media Ltd

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Firms Commit to Boost African Robotics Market

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AfricAI and Micropolis Robotics have signed a multi-year exclusive distribution and deployment agreement, which marks one of the continent’s most significant robotics market entries.

Micropolis AI Robotics is a United Arab Emirates-based robotics manufacturer operating in autonomous systems, while AfricAI is a company building practical, revenue-driven artificial intelligence (AI) systems for African businesses, governments, and global partners operating in emerging markets.

According to the agreement, Micropolis Robotics named AfricAI as its exclusive continental partner, prohibiting direct sales, alternative distributors, and third-party agents from operating in the territory.

The partnership establishes AfricAI as the primary execution, localisation, and go-to-market platform for intelligent robotics in Africa’s industrial, security, logistics, and infrastructure sectors.

AfricAI said this exclusive mandate positions the company as the gateway for advanced autonomous systems entering African markets, ensuring regulatory compliance, local capacity building, and sovereign control over deployment frameworks.

The partnership, according to the two parties, moves beyond software- based AI into the realm of physical AI — intelligent machines capable of operating in complex, real-world African environments.

“This is not a collaboration, it is a market-shaping mandate,” said Fareed Aljawhari, CEO of Micropolis Robotics. “AfricAI now represents the exclusive gateway through which Micropolis technologies enter Africa. Their sovereign AI vision, operational reach, and regulatory fluency make them the only partner capable of executing at a continental scale.

Furthermore, the agreement enables AfricAI to integrate Micropolis’ autonomous robotics systems with AfricAI’s sovereign AI stack, resulting in AI-powered security and surveillance platforms, robotics-enabled logistics and port operations, industrial automation, smart infrastructure, and municipal robotics tailored to African operating conditions.

Initial deployments will commence in security, smart infrastructure, and logistics, with phased expansion across multiple African states as part of AfricAI’s broader continental AI, data, and intelligent infrastructure strategy.

The agreement also includes long-term performance-linked expansion rights, automatic renewals, and a defined localisation framework to support robotics deployment, workforce training, and skills transfer across Africa.

Prince Malik Ado-Ibrahim, executive chairman of AfricAI, said: “Africa does not need imported automation — it needs sovereign, context-aware intelligent systems. This exclusive mandate allows AfricAI to industrialise robotics deployment at scale while retaining control, compliance, and value creation on the continent.”

 


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Subair: LIRS Won’t Raid Accounts – Unless You’ve Lost Every Court Battle

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Lagos State Internal Revenue Service Executive Chairman Ayodele Subair Tuesday demolished online panic over alleged bank account raids, insisting the agency’s “Power of Substitution” targets only hardcore tax dodgers who have exhausted every appeal from tribunals to the Supreme Court over half a decade of disputes.

Subair: LIRS Won't Raid Accounts – Unless You've Lost Every Court Battle

Ayodele Subair

Subair, speaking on Arise TV, shredded viral fears that LIRS would swoop on residents’ savings without warning, clarifying the mechanism under Section 60 of the Nigeria Tax Administration Act 2025 kicks in solely after assessments spark objections, reconciliations, demand notices, and a gruelling courtroom odyssey through High Court, Court of Appeal, and apex rulings.

The LIRS weekend notice had ignited fury by announcing enforcement via third parties – banks, employers, tenants, debtors – to claw back unpaid Personal Income Tax, Capital Gains Tax, Stamp Duties, and Withholding Tax from chronic defaulters holding funds or owing money to them, whether due now or accruing later.

Subair likened the process to a “long timeframe, not less than five years,” where recalcitrant bigwigs who stonewall every step become fair game, with LIRS directing agents like customers or partners to divert payments straight to the taxman in lawful settlement.

Far from arbitrary grabs, the chairman stressed it’s a final resort for “entirely recalcitrant” holdouts who ignore Notice of Refusal to Amend (NORA) and every olive branch, ensuring Lagos coffers snag rightful revenue fuelling the state’s bulging budget without shotgun raids on compliant payers.

As social media buzzes with defiance – “They can’t touch my account!” – Subair’s blueprint spotlights Nigeria’s tax evasion scourge starving subnationals of trillions yearly, with Lagos alone chasing billions in arrears amid federal revenue wars and economic headwinds squeezing the commercial capital’s 25 million souls.

Industry voices nod to the legality but plead for digital dashboards tracking disputes transparently, warning overzealous recovery could spook investors in Africa’s fintech and startup mecca already reeling from naira nosedives and grid glitches.

With LIRS poised to unleash the hammer on vetted violators, Subair’s clarion call aims to separate myth from muscle, bolstering Lagos’ IGR juggernaut that hit N815 billion last year while daring defaulters to test the full judicial gauntlet before crying foul.


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NIGCOMSAT Adopts Government’s Performance System

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Nigerian Communications Satellite (NIGCOMSAT) Ltd, in a strategic move to modernise its operations and foster a results-oriented workforce, has officially adopted the Federal Government’s Performance Management System (PMS).

NIGCOMSAT Adopts Government’s Performance System

The initiative, aimed at driving efficiency and institutionalising accountability, was marked by an intensive staff training program designed to align the agency’s operations with national performance goals and the Presidency’s vision for a digital-first public sector.

According to a statement from Stephen Kwande, the Agency’s acting head of Corporate Affairs, “the transition to PMS is a departure from historical evaluation methods. The new system is designed to provide real-time performance tracking and instill a stronger work ethic across all directorates”.

Welcoming participants, Mrs. Jane Nkechi Egerton-Idehen, managing director/CEO of NIGCOMSAT, represented by Abiodun Attah, executive diirector, Technical Services, described the adoption as “long overdue.

She emphasised that the system is critical for ensuring that NIGCOMSAT contributes effectively to Nigeria’s broader digital economy targets.

In her opening remarks, Mrs. Chinwe Udogu, general manager, Human Resources Management,  expressed NIGCOMSAT’s enthusiasm for the program, urging staff to dedicate themselves fully to the three-day training.

She noted that the exercise was pivotal in repositioning the company to achieve its highest aspirations.

The training consultant, Mrs. Njoku Chioma, said the program is expected to drive culture change, automate work processes, and strengthen institutional performance.

The three-day training, jointly organised by the Office of the Head of Service of the Federation and NIGCOMSAT Management, covers key themes including:

• Overview of the FCSSI25 as an institutional performance-driven Federal Civil/Public Service

• Service culture and workplace attitude in the Nigerian public sector

• Implementation of the Performance Management System in NIGCOMSAT

• Application of Artificial Intelligence tools to enhance performance in the Nigerian public sector

The move comes at a time when NIGCOMSAT is expanding its footprint, with recent initiatives like the 2026 SpaceTech Accelerator Programme and partnerships for grassroots digital skills training.

By strengthening its internal management framework, the agency aims to ensure that its technical advancements in satellite technology are matched by an equally efficient administrative engine.


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