Connect with us

News

Global Start-ups to Compete in $600,000 Rocket Fuel Start-up Pitch Competition at LEAP22

Published

on

Kindly share this post

Start-ups from around the world are being invited to go head-to-head to win a share of a USD $600,000 prize fund at the Rocket Fuel Start-up Pitch Competition, and to pitch their businesses to powerhouse VCs and leading international investors.

The competition will be held as part of LEAP, the world’s largest debut technology event, which will take place in Riyadh, Saudi Arabia in February 2022.

Entries are now open for the Rocket Fuel Start-up Pitch Competition, which will challenge start-ups in a pitch contest to find some of the most exciting and impactful new businesses from around the world. Ninety start-ups will be invited to pitch their business ideas live on stage during LEAP on 1st and 2nd February.

The finalists will have just five minutes to present their best pitches to a panel of international and local investors during LEAP, and convince them that they have what it takes to be one of the top 10 businesses who will go into the Grand Final on 3rd February.

These 10 best entrepreneurs will then get another chance to showcase the merits of their businesses, scored on creativity, innovation, potential, functionality and impact on people and society. The winner will be presented with the LEAP Award for the strongest, most outstanding start-up across the whole competition, and will be awarded the grand prize of $200,000.

The finalists will also compete for three other awards, including The Shooting Star Award for best early-stage start-up, which will win $100,000; the Aviatrix Award for best female-led start-up; and the Technology for Humanity Award for the start-up that best embodies the spirit of LEAP “Technology for Humanity”. The winners of these awards will each receive a prize of $150,000.

LEAP has assembled a world-class judging panel of celebrity investors and business leaders to assess the Rocket Fuel Pitch Competition contestants and put them through their paces. The panel will include: Steven Bartlett, businessman, speaker, investor and content creator, best known for the BBC’s Dragons’ Den; Baroness Karren Brady, business executive and television personality; James Caan, entrepreneur and television personality; Kelly Hoppen, interior designer, author and entrepreneur; Michael Salgado, retired Real Madrid footballer and celebrity investor; Dr. Nabeel Koshak, CEO and board member of the Saudi Venture Capital Co., a prominent Saudi academic, entrepreneur and angel investor, and Hattan Ahmed, Director of Entrepreneurship at King Abdullah University of Science and Technology (KAUST)

“Innovation and entrepreneurship are at the core of the technology sector, so it is fitting that the Rocket Fuel Start-up Pitch Competition will recognize some of the best start-ups worldwide as part of LEAP. Saudi Arabia is developing its own booming start-up ecosystem, supported by the Saudi government and private investors, and we look forward to welcoming outstanding international start-ups to join us in Riyadh for LEAP,” said H.E. Eng. Haitham Alohali, Vice Minister at Ministry of Communications and Information Technology.

“I am honoured and excited to be speaking at LEAP, which brings together the worlds of technology, entrepreneurship and innovation all in one place,” said Steven Bartlett, Founder of Social Chain and an investor on BBC One show Dragons’ Den.

LEAP is the largest debut technology event in history, taking place from the 1st – 3rd of February 2022 in Riyadh, and is set to become a truly global platform for the entire innovation ecosystem, connecting pioneers and disruptors with business and government leaders, entrepreneurs, investors and more to experience and learn about the technologies of the future.

The Rocket Fuel Start-up Pitch Competition is taking place as a part of LEAP’s Investor Program, which will connect local and international VC investors and funds through an exclusive line-up of matchmaking, networking and investment events that will take place during LEAP.

The investor program will include workshops, 1-on-1 meetings and after-hours functions, to connect VCs and funds from the Middle East region with new tech-focused investment opportunities, as well as supporting local start-ups to explore potential new sources of funding from outside the region.

“LEAP will feature an extensive, dedicated program of activities for investors in line with Saudi Arabia’s aims of developing its own entrepreneurial ecosystem and technology industry. Informa is very excited to be organizing the program and the Rocket Fuel Start-up Pitch Competition to showcase the ingenuity and business potential of local and international start-ups and to connect them with a global investor audience,” said Michael Champion, Regional Executive Vice President – MEA at Informa.

 

Entries for the Rocket Fuel Start-up Pitch Competition close on 18th January 2022.


Kindly share this post

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

News

Pay Your taxes for Me to Do More – Tinubu

Published

on

Kindly share this post

President Bola Tinubu on Thursday urged Nigerians to pay their taxes, because the revenue is critical for his administration’s Renewed Hope Agenda to fund public infrastructure like roads, hospitals, and amenities across the country.

Pay Your taxes for Me to Do More – Tinubu

President Bola Tinubu

He spoke during the commissioning of interchange at Arterial Road N16 – Ring Road III Intersection linking Jahi District to Gwarimpa District of the FCT.

The project was among those earmarked to celebrate his third year anniversary and he was represented at the commissioning by Godswill Akpabio, Senate President.

He said: “I’m very proud to stand here to commission this Arterial road interchange N16 linking Jahi district to Gwarimpa District of the FCT.

“This is not just a bridge and slip roads, this is freedom of movement and time returned to the people, this is renewed hope that you can even drive on. This intersection used to choke the entirety of Abuja, gridlock stretched from Maitama to Gishiri, from Jahi to Gwarimpa; hours lost, fuel wasted, business were lost but today that story ends.

“This interchange opens up critical districts of the FCT and connects them smoothly to the rest of the FCT. Workers will get home earlier, security will improve because criminals strive when security stands still.

“Ladies and gentlemen, infrastructure is the foundation of prosperity which is the cardinal principle of this administration. Roads are the arteries of a nation, when we connect districts we connect destines and that is the logic of the renewed hope agenda, build the roads unlock the economy and let Nigerians strive.

“The Jahi-Gwarimpa interchange is prove that Nigeria is not beyond redemption. With focus, discipline, and political will, Nigeria will deliver and we are delivering, the FCT is delivering.”

The president also charged Nigerians and residents of the FCT to pay their taxes.

According to Tinubu, it would allow his administration to provide more infrastructural projects.

“Also pay your taxes and levies so that government can do even more for you,” he added.

 


Kindly share this post
Continue Reading

News

MTN ASAP Enugu Stakeholders’ Conference Rallies More Action Against Youth Drug Abuse, Unveils N33Bn ASAP Impact

Published

on

Kindly share this post

In a renewed push to confront the rising tide of drug abuse among Nigerian youth, stakeholders converged on Tuesday, June 9, 2026, at the ICC Dome, Enugu, for a State Stakeholders’ Engagement convened under the Anti-Substance Abuse Programme (ASAP).

MTN ASAP Enugu Stakeholders' Conference Rallies More Action Against Youth Drug Abuse, Unveils ₦33 Billion ASAP Impact

The conference brought together government representatives, educators, development partners, and civil society actors to chart a unified path against substance abuse, with disclosures at the gathering revealing that an estimated ₦33 billion has so far been committed to developmental projects, programmes, and initiatives across the country, interventions that have impacted more than 33 million Nigerians directly and reached over 100 million through advocacy and awareness campaigns.

The Executive Governor of Enugu State, Barr. Peter Mbah, represented by the Secretary to the State Government, Prof. Chidiebere Onyia, commended the Foundation for its sustained investment in youth development and the fight against substance abuse.

He noted that the state’s transformation agenda is anchored in youth empowerment, education, healthcare, and human capital development – areas where the Foundation’s ₦33 billion commitment was already making a measurable difference.

“The MTN Foundation’s investment in youth development and the fight against substance abuse aligns directly with our administration’s transformational agenda. Initiatives like ASAP are exactly the kind of partnerships that move the needle on national development,” Prof. Onyia said.

He further urged other private sector players to emulate the Foundation’s example, stressing that the scale of Nigeria’s drug abuse demands sustained collaboration between government, the private sector, development partners, and civil society.

Addressing stakeholders, Odunayo Sanya, Executive Director of the MTN Foundation, said the Foundation, established in 2004 and fully funded by MTN Nigeria, was created to drive impact across health, capacity building, and economic empowerment, with deliberate focus on young people, who constitute the majority of Nigeria’s population.

She explained that the ASAP initiative, launched in 2019 in partnership with the National Drug Law Enforcement Agency (NDLEA) and the United Nations Office on Drugs and Crime (UNODC), was designed to reduce first-time drug use among young Nigerians through awareness campaigns and school-based interventions.

“We have reached over 50,000 students across the country and trained about 1,556 teachers as part of our efforts to create anti-drug ambassadors in schools and communities.”

“For us at the MTN Foundation, saving even one young person from substance abuse is a worthwhile achievement. The consequences go beyond the individual and affect families, communities, and the nation at large,” Odunayo said.

Looking ahead, she disclosed that the Foundation plans to reach more than 20,000 additional students in 2026 through expanded stakeholder engagements, school-based interventions, teacher training programmes, and community awareness campaigns.

She described substance abuse as a major threat to families, communities, and national development, stressing the urgent need for collective action to shield young people from addiction.

According to her, the Foundation’s mission is rooted not just in numbers, but in human outcomes – the lives, families, and futures it helps preserve.

The Executive Director, on her part, called on parents, educators, faith leaders, and community influencers to remain active partners in safeguarding the next generation from the dangers of substance abuse.

The intervention comes at a critical time. Fresh data presented at the conference indicate that over 360,000 youths in Enugu State – approximately 13.4% of the state’s young population – are actively involved in drug use.

Currently, the MTN Foundation (MTNF) and the United Nations Office on Drugs and Crime (UNODC) are conducting a comprehensive National Substance Use Survey to gather grassroots data on drug abuse, especially among secondary school students.


Kindly share this post
Continue Reading

News

ICFJ, Wikimedia Honour Nigerian, African Journalists for Outstanding Reporting

Published

on

Kindly share this post

International Center for Journalists (ICFJ), in partnership with the Wikimedia Foundation, has named three African journalists as recipients of the 2026 Open the Knowledge Journalism Awards, with two Nigerians emerging as first and second-place winners.

ICFJ, Wikimedia Honour Nigerian, African Journalists for Outstanding Reporting

The awards recognise journalists whose well-researched reporting helps expand knowledge about Africa and serves as reliable source material for volunteer editors who develop content on Wikipedia.

Wikipedia, the online encyclopedia operated by the Wikimedia Foundation, relies on evidence-based reporting to improve and expand its content, making journalists key contributors to building a more comprehensive global knowledge base.

Earlier this year, African journalists living on the continent were invited to nominate articles they had written that contribute to expanding knowledge about Africa, particularly in the areas of women and youth, as well as arts, culture, heritage and sports.

The organisers said a total of 320 entries were received from journalists across 40 African countries.

The first prize was awarded to Nigerian freelance journalist, Rakiya Muhammad, for her article, West Africa’s Borderless Women: Inside the Yoruba Sisterhood Linking Nigeria and Côte d’Ivoire, published in RM Times.

The story documents the decades-long migration of women from Ejigbo in Osun State to Côte d’Ivoire in search of economic opportunities.

According to the report, the women have become a dominant force in markets in Abidjan while strengthening cultural and economic ties between Nigeria and Côte d’Ivoire.

The article also revealed that as much as 80 per cent of Ejigbo’s economy is supported by remittances and investments from its people living in Côte d’Ivoire.

Reacting to the recognition, Muhammad said the award had renewed her commitment to telling authentic stories that place African women at the centre of development, leadership and social change.

“Receiving this honour renews my passion for telling stories that place African women at the heart of the narrative as active agents of development, leadership and social change.

“The recognition rekindles my commitment to documenting positive stories about Africa with authenticity and depth, while shedding light on the gendered dimensions often overlooked in broader discussions,” she said.

Second place went to another Nigerian journalist, Abiodun Adewale of The Punch, for his story, Breaking Boundaries: How Nigeria’s U-19 Women Are Rewriting Cricket History.

The article chronicles the preparation and performance of Nigeria’s Junior Female Yellow Greens at the 2025 International Youth Cricket World Cup.

The organisers noted that the story highlighted the growing popularity of cricket in Nigeria, a sport that receives relatively limited media attention compared to other sporting disciplines.

A special recognition award was presented to Kenyan journalist Angeline Ochieng of Nation Media Group for her article, The Converts: How Reformed Midwives Are Ending Maternal Deaths, published in the Daily Nation.

The story focuses on former traditional birth attendants in rural Kenya who abandoned the practice to advocate hospital deliveries, contributing to a reduction in maternal deaths and childbirth complications.

President of ICFJ, Sharon Moshavi, said journalism and Wikipedia have a mutually beneficial relationship.

According to her, Wikipedia’s volunteer editors rely on independent journalism to build a more complete knowledge resource, while journalists benefit from the encyclopedia’s global and multilingual reach.

“These awards recognise that relationship and the African journalists who are making our digital information ecosystems stronger,” she said.

Chief Communications Officer of the Wikimedia Foundation, Anusha Alikhan, said although Wikipedia is the largest encyclopedia ever created, it remains incomplete.

She said stories written by Africans about issues affecting the continent were essential to ensuring that the encyclopedia reflected diverse experiences and perspectives.

“We celebrate the three journalists who have received the Open the Knowledge Journalism Awards and thank them for making this kind of reporting possible,” she said.

President of Wikimedia Nigeria and member of this year’s awards selection committee, Olaniyan Ishola Oulushola, commended the quality of the winning entries.

He said each of the selected articles presented opportunities to improve information about Africa on Wikipedia.

“From documenting the history of women cross-border traders in West Africa to the achievements of female cricketers, each of these articles brings us a step closer to closing the knowledge gaps we are working on every day,” he said.

The organisers noted that Wikipedia marked its 25th anniversary in January 2026.

They said the platform is currently among the world’s 10 most-visited websites and remains the only one in that category operated by a non-profit organisation.

According to them, Wikipedia currently hosts more than 65 million articles in over 300 languages, created by nearly 250,000 volunteer editors worldwide, attracting close to 15 billion page views every month.

However, they observed that many topics relating to Africa remain underrepresented, with only about 3.7 per cent of articles on the English version of Wikipedia focusing on the continent.

They explained that the knowledge gap reflects broader shortcomings in global media coverage, noting that new information can only be added to Wikipedia when supported by citations from published and reliable sources.

The 2026 award recipients were selected by a committee comprising African civil society leaders, academics, representatives of ICFJ and the Wikimedia Foundation, as well as members of the Wikipedia volunteer community.


Kindly share this post
Continue Reading

Trending