General News
AfriTech 2020: Sanofi Selects 11 Start-Ups For Online Finale On June 11

Following the cancellation of the 2020 edition of Viva Technology, Sanofi will maintain its four AfricaTech Challenges by organizing an online pitch day on June 11, 2020.

The objective is to continue Sanofi’s commitment to encourage innovation in Africa, improve access to healthcare and transform the health ecosystem throughout the continent.
For this 3rd edition, Sanofi has received 268 applications (compared to 222 last year) from 34 countries. 11 finalists were selected, based on five criteria: project maturity, early results, relevance of the solution, market potential and business model, as well as the skills and expertise of the team.
These are the four challenges and the 11 selected startups: Challenge #1: How to support patients with a digital health book in order to access information and make decision?
- Bypa-ss (Egypt) is digitizing healthcare information exchange through its platform HealthTag that allows patients to get their diagnosis, latest check-ups, medical scans as well as test results.
- Keeplyna (Tunisia) is an eHealth platform for telemedicine. It offers a free digital medical book to all African citizens and includes all health information of all family members.
- EYONE (Senegal) offers a shared medical file. Patients have their medical records in real time everywhere and are connected to 35 online health professionals that have partnered with the startup.
Challenge #2: How to help healthcare systems leapfrog from manual to smart logistics solutions at point of care?
- Doctor 4 Africa (India) is an integrated online platform offering a digital health solution in African countries. It connects patients to health care professionals in underserved communities where there is a shortage of specialists, so they can receive affordable quality care.
- Mobilhealth International (Nigeria) is Africa’s first fully integrated telehealth electronic medical records and video app. Its mission is to use telemedicine to provide people in developing countries with access to quality healthcare services in the most cost and time effective way, anytime, anywhere.
Challenge #3: How to improve financing and impact of innovative health solutions in Africa?
- SOSO CARE (Nigeria) is a low-cost digital tool enabling 100 million Nigerians to access health insurance and care in 1,170 clinics.
- MamaPrime (Kenya) is a health fintech company that enables mothers and their families to prepay for their prenatal & postnatal care and child wellness services in installments throughout their pregnancy.
- JokkoSanté (Senegal) is a digital payment platform that secures the use of money intended for health, with a new payment method. It can also be used to manage drug traceability and online prescriptions.
Challenge #4 - Sanofi Espoir Foundation: How to improve maternal and neonatal health in sub-Saharan Africa?
- Teheca (Ouganda) connects new and expectant mothers to qualified nurses for at home post-natal checkups and supports by using low cost and low-tech solutions. The accessibility increase to post-natal cares aims a timely identification and a referral of life-threatening complications during post-natal period.
- The University Agency Innovation (Cameroun) is a hub of scientific, technological and enterprise-based innovations. Its spin-off AUI Techno designs and produces an interactive infant incubator connectable to doctors’ smartphones, in order to reduce the neonatal mortality rate.
- Natal Cares (Nigeria) is an integrated solution providing healthcare, medical monitoring and emergency services to at-risk pregnant women and nursing mothers belonging to disconnected rural communities.
At the 2020 AfricaTech live virtual pitch, these startups will compete in their respective challenge categories before an online audience and a jury made up of global professionals, investors and thought leaders in technology and healthcare.
Folake Odediran, Sanofi’s General Manager, General Medicines, Nigeria & Ghana and Country Lead, Nigeria, commenting on the upcoming live pitch, said: “The AfricaTech initiative is in line with our purpose of empowering lives. We are so far impressed with the progress of the 2020 Challenge and are happy for all the finalists who have made it this far.
“We are even more excited that three of them emerged from our Nigeria-Ghana affiliate and we hope that the best techpreneurs win”.
After Viva Technology 2020 was cancelled due to the COVID-19 pandemic, the selected startups will now be invited to pitch their solutions at 2:00pm CET (Paris time) on June 11, 2020, during a special Sanofi Africatech day by video conference.
The live virtual event will be hosted by Sanofi Africa zone and will comprise of four pitch sessions, each of 30 – 45 minutes duration. Attendance is open to external audiences through prior registration.
General News
MTN Graduates 20 Fellows, Expands Media Innovation Programme

MTN Nigeria, in partnership with Pan-Atlantic University (PAU), marked a significant milestone in advancing Africa’s media landscape with the graduation of 20 Fellows from the MTN Media Innovation Programme (MIP) Cohort 4 held at the Lagos Business School.

MTN
The ceremony celebrated excellence, resilience and forward-thinking storytelling, while also announcing the programme’s expansion into a Pan-African edition beginning next year.
The six-month programme, known for its rigorous coursework, demanding schedule and strong emphasis on critical thinking, included an international study visit to South Africa that broadened participants’ understanding of media innovation across the continent.
The graduation event acknowledged the Fellows’ commitment to completing the intensive journey while strengthening their capacity to influence the future of African media.
Dr. Ikechukwu Obiaya, Dean of the School of Media and Communications, PAU, commended the Fellows for their persistence throughout the programme. “In some moments, it was pretty grueling for some of you, but you made it. You are here, and I congratulate you,” he said.
“He encouraged them to see the graduation as a new beginning, adding, “We have so much to do, and each one of us is best positioned now to make that transformation.”
Tobe Okigbo, Chief Corporate Services and Sustainability Officer, MTN Nigeria, congratulated the cohort on successfully completing the six-month programme and reaffirmed MTN’s long-term vision for the initiative.
He said, “Congratulations on completing this journey. You are joining a network of professionals who are committed to elevating the media landscape in Nigeria and beyond.
“The future of this programme depends on your impact. This cohort represents the outcome we envisioned when the journey began. Today, the programme is not only thriving but also expanding.”
He further announced that the Pan-African edition of the programme will be launched in 2026, providing media professionals across the continent with the same level of immersive training and unique exposure experienced by the Fellows.
A key highlight of the event was MTN Nigeria’s presentation of ₦2.5 million in cash prizes to Fellows whose projects demonstrated exceptional innovation, depth of research and alignment with the programme’s ethos of impactful storytelling. The awards were presented by Chineze Gbenga-Oluwatoye, General Manager, Corporate Affairs, MTN Nigeria, and Odunayo Sanya, Executive Director, MTN Foundation.
Vanessa Ukamaka Richard Bassey, Head of Programmes, Sparkling 92.3 FM, Calabar, emerged as the top winner, receiving ₦1 million for the MTN Foundation Chairman Award for Innovative Reportage and another ₦1 million for the MTN Chairman’s Prize for Innovation. Sharing her experience, she said, “It’s been a training ground. It has opened me up to new things and made me more confident. There’s something about knowledge and information and exposure to your mind and to your esteem. After today, I know there’s nothing to be afraid of.”
Abolaji Adebayo received ₦500,000 for the MIP Cohort 4 Best Report, recognised for its clarity, depth and relevance to national discourse.
Several Fellows shared how the programme has reshaped their careers. Adekeye Ayobami of Abamimigo FM described the programme as arriving at the perfect moment, aligning with his recent career elevation.
Ubani Amarachi of Channels TV highlighted the value of the South Africa trip, noting that it transformed her approach to telling African stories and reinforced her belief that graduation marks the beginning of greater responsibility and impact.
The graduation of the MIP Cohort 4 Fellows, coupled with the announcement of the Pan-African edition, reinforces MTN Nigeria’s long-standing commitment to strengthening the media ecosystem through education, exposure and innovation.
The partnership between MTN Nigeria and Pan-Atlantic University continues to serve as a catalyst for developing media professionals equipped to shape narratives, advance societal progress and drive meaningful change across Africa.
General News
FirstCap Acts as Joint Issuing House on Veritasi Homes & Properties Plc’s ₦30 Billion Bond Programme

FirstCap Limited, a premier investment banking business and a wholly owned subsidiary of FirstHoldCo Plc, acted as Joint Issuing House and Placing Agent on the Veritasi Homes & Properties Plc’s Series 1 Bond of ₦10 billion under its ₦30 billion Bond Programme duly registered with the Securities and Exchange Commission (SEC).

The Bond Programme is designed to support the development of Project Oyster Towers, located within Eko Atlantic City. Proceeds from the Series 1 Bond issuance are expected to be applied towards the construction of 30 luxury residential units, forming part of an 82-unit residential development comprising one-bedroom, two-bedroom, and three-bedroom apartments.
Veritasi Homes & Properties Plc is an indigenous real estate development company with operations across Lagos State and the Federal Capital Territory, Abuja, and a growing track record in the delivery of residential real estate projects in Nigeria.
Commenting on the transaction, Ukandu E. Ukandu, Managing Director/Chief Executive Officer of FirstCap Limited, stated:
“We are proud to partner with Veritasi Homes & Properties Plc on this important transaction. The establishment of the ₦30 billion Bond Programme reflects our commitment to mobilising capital for the real estate sector, which remains a key driver of Nigeria’s economic growth. Project Oyster Towers exemplifies the future of luxury and sustainable living in Nigeria, and this transaction reinforces FirstCap’s role as a trusted advisor in major corporate finance initiatives.”
FirstCap’s involvement in the Bond Programme further reinforces our dedication to supporting the growth of the Nigeria’s real estate sector. The successful execution of this transaction highlights the depth of expertise within our capital markets team and our role in supporting issuers in accessing long-term funding solutions aligned with their strategic objectives.
By continuing to connect capital providers with high-impact infrastructure projects such as Project Oyster Towers, we remain committed to driving economic development and delivering long-term value for all stakeholders, Ukandu added.
General News
NITDA DG Calls for Innovation-Led Economic Rebirth @ Kano Startup Weekend

Kashifu Inuwa, the Director General of the National Information Technology Development Agency (NITDA), has called for a fundamental shift in Kano State’s economic strategy, urging stakeholders to embrace innovation, technology and collaboration as the drivers of growth in the 21st century.

Speaking at the Kano Startup Weekend, Inuwa acknowledge Kano’s long-standing reputation as the commercial nerve centre of Northern Nigeria and the wider Sahelian region, noting that its history of trade, enterprise and human capital provides a solid foundation for future growth.
He emphasised that while these strengths powered Kano’s success for centuries, the modern economy now offers even greater opportunities through innovation and technology.
He described innovation as the process of transforming ideas into impactful solutions through commercialization, stressing that when ideas are effectively deployed, they create value, solve societal challenges and generate sustainable economic growth. He noted that Kano’s large market, strategic location and vibrant entrepreneurial culture place it in a strong position to take advantage of innovation-driven opportunities.
According to him, “Innovation is the process of taking an idea from inception to impact. Invention on its own is a cost centre, but when you commercialise an idea, when you turn it into a product or service that solves a real problem and creates value, that is when you begin to drive economic growth and inclusion.”
He noted that the state hosts numerous degree-awarding institutions across federal, state and private ownership, providing a strong base for human capital development. However, he expressed concern that these institutions often operate in isolation from industry, with research outputs rarely translating into commercial or industrial applications.
He explained that innovation does not happen in silos and stressed the need for a strong, interconnected ecosystem that brings together academia, industry, startups, entrepreneurs and government.
According to him, universities should conduct research informed by industry needs, industries should leverage research to improve productivity and competitiveness, and startups should serve as the bridge that converts ideas into market-ready solutions.
He further encouraged entrepreneurs to leverage technology to build businesses that can grow beyond local markets, explaining that innovation-driven enterprises have the power to scale rapidly, create jobs and position Kano competitively at both national and global levels. According to him, digital platforms and emerging technologies now make it easier for startups to reach wider markets and develop solutions that were previously unimaginable.
“You can start your business here in Kano, but your thinking must be global from day one. Technology has removed barriers. With the right skills and platforms, a startup in Kano can build solutions that serve not just Nigeria, but the world,” he noted.
Highlighting NITDA’s ongoing interventions, the Director General outlined the Agency’s commitment to building national innovation capacity through targeted human capital development programmes. He cited the Digital Literacy for All (DL4ALL) initiative, which aims to equip Nigerians across all segments of society with essential digital skills, and the 3 Million Technical Talents (3MTT) programme, designed to produce a pipeline of globally competitive technical professionals in areas such as software development, data analysis and emerging technologies.
He said, “Through DL4ALL, we are ensuring that Nigerians at all levels have the basic digital skills needed to participate in the digital economy, while 3MTT is deliberately building a pipeline of globally competitive technical talents who can drive innovation, create jobs and attract investment.”
He explained that these programmes are key pillars of President Bola Ahmed Tinubu’s Renewed Hope Agenda, which prioritises skills development, innovation, job creation and inclusive economic growth as pathways to national prosperity. According to him, empowering Nigerians with digital and technical skills is essential for building a resilient economy capable of competing in the global digital landscape.
“President Tinubu’s Renewed Hope Agenda is about investing in people, empowering them with relevant skills and creating opportunities for inclusive growth. At NITDA, we are using digital skills and innovation as tools to translate that vision into real economic impact for Nigerians,” he said.
Inuwa urged all stakeholders in Kano to work together to build a functional innovation ecosystem that can unlock the state’s vast potential. He expressed confidence that with the right mindset, strong collaboration and sustained investment in digital skills and innovation, Kano can reclaim its historic leadership role and emerge as a major innovation and entrepreneurship hub in Nigeria and beyond.
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