News
Founder Institute Elevates CFA to Regional Director
Founder Institute, a Silicon Valley based pre-seed Accelerator has elevated Chukwuemeka Fred Agbata Jnr. ‘CFA’, to the position of Regional Director.
CFA’s appointment is coming, barely, less than a year, after he was selected, as one of the four Directors of Founder Institute (FI) Lagos, a well-designed programme with a proven curriculum and support structure that enables founders launch their startups.
The Lagos chapter of Founder Institute graduated 21 founders, from its first cohort, after a rigorous 14-week session.
Founders, who have experienced, a Navy Seal-like curriculum and training are better equipped to add value to both the Nigerian and the African continent, with their innovative solutions.
The journey of these founders, through the Founder Institute sessions, did not go unnoticed, as Stanbic IBTC, recently announced its latest partnership, with the Silicon Valley-based Institute.
With success stories as these and the need to set the ball rolling, for building more scalable business models, across the African continent, the appointment of CFA as Regional Director is, coming, at a very good time.
With the aim to “Globalize Silicon Valley” and empower talented and motivated entrepreneurs to build companies that will create one million new jobs, Africa is, one sure destination that this can come to fruition and it is believed that CFA will coordinate this successfully, by and by.
According to CFA, “Africa is at a defining moment today and entrepreneurship is one of the ways of ensuring that lives are affected positively.
“The unique FI model helps to improve the chances of success and the strategy will be to work with other ecosystem builders from across Africa to set up more chapters.” He concluded.
Founder Institute assists entrepreneurs, in building enduring companies, with a support network, invested in their success and through a structured business process.
Using his network in the field of journalism across online, print, TV and electronic media, CFA is, poised to spread the reach of the Founder Institute, across the African continent.
Apart from serving, as one of the current Directors of Founder Institute Lagos, CFA is the Co-founder of GoDoHub, a co-working space, designed to help start-ups scale to the next level.
He is, also, one of the pioneers & directors of the Innovation Support Network (ISN) Hubs, a network of innovaton hubs designed to promote entrepreneurship and innovation, as well as a Director of the Nigeria Internet Registration Association (NiRA).
News
Legit.ng, Shade of Life Foundation Partner to Advance Autism Awareness in Nigeria
Legit.ng recently joined forces with the Shade of Life Foundation to become a voice of autism, and drive advocacy for improved media support during Autism Awareness Month.
Conversations around media support exploration was led by Joseph Omotayo, head of Department for Human Interest Stories at Legit.ng, and Dr. Eziafakaku Nwokolo, founder and CEO of the Shade of Life Foundation,
This partnership is a response to the concerns raised by organizations like the Shade of Life Foundation about the level of support received from the media in discussing autism as a disability.
While other disabilities may receive attention, autism, with its critical developmental implications often lacks adequate representation in mainstream media.
Recognizing the importance of addressing these concerns, Legit.ng took proactive steps by integrating itself into the essence of autism awareness.
It facilitated a one-hour workshop with Dr. Nwokolo, the founder of the foundation, to deepen our understanding of autism, its various spectrums, and the language boundaries associated with it.
Other steps we took in advocating autism awareness in the media, can be seen in our attached press release.
Legit.ng believes that by amplifying the voices of autism and advocating for better media representation, we can contribute to creating a more inclusive and accepting society for all.
News
As Nigeria Struggle, Tanzania Turns off Power Plants Due to Excess Supply
While 85 per cent of Nigeria is in darkness, Tanzania, an African country has shut down five hydroelectric stations in a bid to reduce excess electricity in the national grid.
Kassim Majaliwa, prime minister, Tanzania, has said the main plant, Mwalimu Nyerere Hydroelectric Station, alone generated enough electricity to power major cities, including Dar es Salaam, the country’s commercial hub.
It is the first time Tanzania, which suffers chronic power shortages, has closed hydroelectric stations due to excess production.
“We have turned off all these stations because the demand is low and the electricity production is too much, we have no allocation now,” an official from state-run power company, Tanesco, said.
The 2,115MW Julius Nyerere Hydropower Dam is said to be almost filled with water following heavy rains that started early this year.
Meanwhile, while the country has an installed capacity of 1,938MW and the grid installed capacity of 1,899MW, Nigeria which has an installed capacity of 13,000MW is struggling to electrify 85 per cent of its electricity consumers.
News
President Tinubu Appoints Jim Ovia as Student Loan Fund Chairman
President Bola Tinubu has approved the appointment of Jim Ovia, renowned banker and businessman, as the Chairman, Board of the Nigerian Education Loan Fund.
Ovia’s appointment is contained in a State House statement titled, ‘President Tinubu appoints Jim Ovia as Chairman of the Nigerian Education Loan Fund,’ and issued on Friday by Ajuri Ngelale, special adviser to the President, Media & Publicity.
The statement noted that “Ovia is the founder of one of Nigeria’s leading banks and a respected business leader, with a surfeit of efforts and benefaction towards nurturing and empowering young Nigerians.
“He is an alumnus of Harvard Business School and holds a Master’s in Business Administration from the University of Louisiana.”
The National Student Loan Programme is a pivotal intervention that seeks to guarantee sustainable higher education and functional skill development for all Nigerian students and youths.
The Nigerian Education Loan Fund, the implementing institution of this innovation, demands excellence and Nigerians of the finest professional ilk to guide and manage.
“The President believes Mr. Ovia will bring his immense wealth of experience and professional stature to this role to advance the all-important vision of ensuring that no Nigerian student suffers a capricious end to their pursuit of higher education over a lack of funds,” the statement partly read.
Ovia’s appointment will also ensure “that Nigerian youths, irrespective of who they are, have access to higher education and skills that will make them productive members of society and core contributors to the knowledge-based global economy of this century.”
- Telecom2 days ago
World Earth Day: Kuda Partners with Wecyclers to Clean up Communities in Lagos
- Telecom2 days ago
Airtel Boosts NIPR Public Relations Week with Onsite Unlimited Data Connection
- News2 days ago
UK Pledges €1Bn to Fight against Malaria in Nigeria
- Editorial2 days ago
Telcos Ask NCC to Allow Them Hike Tariff
- Broadcasting2 days ago
NCC Seeks Media Collaboration on Copyright Infringement
- Broadcasting2 days ago
FCCPC to Review Multichoice’s Tariff Hike
- Broadcasting2 days ago
OJI Demands Ban on Netflix, TikTok, Others over Same-Sex Content
- Broadcasting2 days ago
MTN and its FY2023 Financial Results Abracadabra