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Five Nigerians Listed among 2nd Cohort of Rise Global Winners

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Schmidt Futures, in partnership with the Rhodes Trust, announced the second cohort of 100 Rise Global Winners. Rise finds brilliant people who need opportunity and supports them for life as they work to serve others. It is the flagship program of Schmidt Futures and the anchor of a broader $1 billion philanthropic commitment from Eric and Wendy Schmidt to talent development across their initiatives.

Our 2022 Rise Global Winners include youth aiming to promote literacy among underprivileged children; predict the effect of Alzheimer’s drugs using bioinformatics; create a sustainable gummy vitamin that combats anemia; educate communities on mental health stigmas and many more. With over 22 new countries represented this year, the global program continues to further expand its network with a broader range of talented young leaders from diverse backgrounds, including applicants from over 170 countries.

Schmidt Futures’ mission is to bet early on exceptional people making the world better. Betting on young people between the ages of 15-17 and potentially staying with them for life, Rise is both the earliest and the longest bet on talent in Schmidt Futures’ portfolio.

This year, Rise is proud to have five Global Winners hailing from Nigeria and is honored to collaborate with organizations such as NBA Africa, the African Leadership Academy, HALI Network, and BUILD Nigeria.

Their efforts to promote Rise, support youth in applying and provide exciting programming opportunities, contributed to the second year of success across the country.

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“We are looking for extraordinarily bright people everywhere because genius can have an outsized impact on improving the world when applied to its hardest problems,” said Eric Schmidt, co-founder of Schmidt Futures.

“Building a network of brilliant young people who want to make the world better is a key goal of Rise. Development in today’s world depends on people working together.”

“Today’s announcement of the Rise Winners is not the conclusion of a process, but rather the starting point for the young people in the program. They will have continuing opportunities to change the world for the better as they continue their education and find ways to collaborate,” said Wendy Schmidt, co-founder of Schmidt Futures and president of The Schmidt Family Foundation.

“We are counting on them to become future leaders, using their collective gifts to help solve the world’s most challenging problems.”

Rise remains intentionally broad both in the selection of talent and in their projects to help unveil hidden brilliance, in whatever form it takes, wherever it is in the world.

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The program further prides itself in recognizing brilliance with unique perspectives and across various focus areas, skills, and issues. Since its inception, Rise has welcomed over 150,000 people from over 170 countries to its community, and has selected 200 winners from 69 countries of origin.

From over 120,000 registrants, the 2022 Winners were selected after a rigorous application process which included peer and expert review of service projects, formal assessments of talent, and group interviews.

The 2022 Global Winners stood out not only for their impactful projects spanning from medical innovation to mental health and education but also for their strength in overcoming adversity.

As a result of global program growth in year 2, Schmidt Futures and The Rhodes Trust are proud to welcome the program’s first Winners from Austria, Azerbaijan, Belarus, Bulgaria, Burkina Faso, Ghana, Israel, Italy, Japan, Kazakhstan, Lebanon, Libya, Myanmar (Burma), Paraguay, Poland, Romania, Sri Lanka, Switzerland, Tajikistan, Tunisia, and Vietnam. In 2021, Nigeria had six impressive Winners, and this year, Rise is proud to announce five additional Global Winners including:

  • Asher Segun-Olasanmi from Ile Ife, Nigeria: Asher is a mental health advocate and ardently promotes female participation in STEM. For her project, Asher researched the stigmatization of young mental health patients in Southwestern Nigeria.
  • Emmanuela Ilok from Lagos, Nigeria: Emmanuela developed a program called ‘CodEd’ which offered teacher training programs, a student-centered curriculum as well as internship opportunities for students to receive quality computer science education in public and private schools.
  • Ikenna Charles Nwafor from Abeokuta, Nigeria: Ikenna’s Rise project aimed to create awareness about the importance of cybersecurity in the lives of teenagers in Nigeria as cases of cyber-attacks continue to grow in the country with the onset of the COVID pandemic. He developed and set up a website (Cybersecurity & You), performed a skit with friends on the dangers of Cyber Ignorance, and set up awareness posters within his community to raise awareness among Nigerian teens.
  • Mokwe Uche David from Aba, Nigeria: Uche created a nonprofit called PCS, which fosters effective waste management by leveraging the combined effort of youth volunteers. His project initiated the first Zero Waste Day in his community, which was a program that challenged and encouraged everyone in his community to go an entire day without littering the environment.
  • Naomi Ifunanya Marizu Obinwa from Lekki, Nigeria: Ifunanya is dedicated to reducing inequalities and discrimination through education and created a website featuring blogs and videos from medical professionals explaining why healthcare should be important to her fellow Nigerians.

“We believe that the answers to the world’s toughest problems lie in the imagination of the world’s brightest minds,” said Eric Braverman, CEO of Schmidt Futures.

“Rise is an integral part of our mission to create the best, largest, and most enduring pipeline of exceptional talent globally and match it to opportunities to serve others for life.”

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“It has been a pleasure to work with Rise to further our shared goal of providing more opportunities for high-performing youth from across the continent to make an impact in their communities and communities around the world,” said Gbemisola Abudu, NBA Africa Vice President and Country Head for Nigeria.

“We congratulate the Nigerian Rise Global Winners and the Winners from across Africa, and we look forward to continuing to support them as they develop their talents, activate their passions, and make positive and long-lasting contributions to society.”

“Selecting 100 Global Winners from such a deep pool of brilliant young people was quite a challenge, and we are very grateful to all of our partners who helped in the selection process,” said Dr Elizabeth Kiss, Warden of Rhodes House in Oxford and Chief Executive of the Rhodes Trust.

“Our newest Rise winners come from every corner of the globe, and we can’t wait to bring them together – and then invest in their lifelong journeys to serve their communities and build a better world.

Everyone who applies to Rise joins a global community and gains access to opportunities from partners in at least 40 countries across the world.

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The latest Rise Global Winners receive additional personalized support including need-based scholarships, mentorship, career development opportunities, potential funding for future ventures, technology packages, and more, to empower them to achieve their goals as they work to serve others.

 

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Moove Achieves Unicorn Status With $250m Funding

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Mobility technology company, Moove has raised $250 million in a Series C funding round at a valuation of $2.1 billion, reaching unicorn status.

The startup will deploy the fresh capital to build out autonomous vehicle infrastructure, expand fleet ownership, construct robotics-focused “Nests” for charging and maintenance, and grow its autonomous workforce from 150 to 500 by year-end.

The company plans to enter additional global markets, reflecting a strategy to build the operational infrastructure required for large-scale autonomous transportation rather than simply supplying vehicles.

Led by Mubadala Investment Company and co-led by Woven Capital, Toyota’s Growth Fund, and Ion Pacific, the round also included new investors BlueCrest Capital Management, Sona Asset Management and The Raptor Group, alongside existing backers BlackRock, MUFG, Franklin Templeton and Uber.

“Autonomous mobility is becoming an infrastructure race requiring fleets, charging systems, maintenance, data infrastructure and continuous city-level operations,” said Ladi Delano, co-founder, co-CEO and advisory board chairman of Moove.

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Founded in Lagos in 2020, Moove has grown into a global mobility platform employing about 3,300 people across 29 cities in 13 countries, operating approximately 42,000 vehicles and reaching $420 million in annualised recurring revenue.

It has expanded organically and through acquisitions, including Kovi in Brazil and Tokyo Taxi in Japan. Moove also operates autonomous vehicle fleets in partnership with Waymo in Phoenix and Miami, with London expected to join its footprint.

The $2.1 billion valuation places Moove among Africa’s small group of tech unicorns, alongside Flutterwave, OPay, Moniepoint, Andela, Chipper Cash, Wave, Tyme, MNT-Halan and Interswitch.

The $250 million round is the largest single funding deal announced by an African startup this year, though EV mobility firm Spiro raised $270 million cumulatively across two separate rounds.

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Heirs Life Names Pastor Jerry Eze Board Member, Targets Greater Financial Inclusion

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L – R: Tony Elumelu, Chairman, Heirs Life Assurance; Pastor Jerry Eze, incoming director, Heirs Life Assurance
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Heirs Life Assurance, the specialist life insurance company of Heirs Insurance Group, has appointed Pastor Jerry Eze as an Independent Non-Executive Director on its Board, effective August 10, 2026.

Heirs Life Names Pastor Jerry Eze Board Member, Targets Greater Financial Inclusion

L – R: Tony Elumelu, Chairman, Heirs Life Assurance; Pastor Jerry Eze, incoming director, Heirs Life Assurance

The appointment reinforces Heirs Life Assurance’s commitment to expanding financial inclusion and accelerating insurance adoption by strengthening public trust, consumer education, and long-term financial resilience across Nigeria.

Despite being Africa’s largest economy, Nigeria’s insurance penetration remains below one percent – among the lowest globally – highlighting the need to expand financial protection and build greater public trust in insurance.

As Heirs Life continues to pursue its mission of making insurance accessible to every Nigerian, Eze’s appointment brings a unique perspective on community engagement, value-based leadership, and broad societal impact.

Pastor Jerry Eze is the Founder and Lead Pastor of Streams of Joy International Ministry, a growing multinational ministry with 34 branches across West Africa, Southern Africa, Europe and North America.

He is also the convener of the New Season Prophetic Prayers and Declaration (NSPPD), one of the world’s largest digital prayer platforms, reaching millions of people daily. Through his ministry and humanitarian initiatives, he has become one of Africa’s most influential voices, championing hope, compassion, and community transformation.

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Beyond ministry, Eze is the Founder of the Jerry Eze Foundation, a faith-led philanthropy where he provides housing support and grants to vulnerable and underserved communities.

In 2026, he announced N1billion in grants to support young entrepreneurs across agriculture, technology, and manufacturing, further advancing enterprise development and economic opportunity.

Before entering full-time ministry, Pastor Jerry Eze built a career in development communications, serving as a Communications Specialist on a World Bank HIV/AIDS programme and with the United Nations Population Fund (UNFPA).

He holds a Bachelor’s degree in History and International Relations from Abia State University and a postgraduate degree in Business Administration from Enugu State University of Science and Technology.

Speaking about the appointment, Tony O. Elumelu, CFR, Chairman, Heirs Life Assurance, said: “Pastor Jerry brings an exceptional combination of integrity, influence, and a deep understanding of people and communities.

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“As we continue our mission to democratise access to insurance, his insight will help strengthen consumer trust, deepen financial inclusion, and reinforce our commitment to protecting the financial future of millions of Nigerians.

“We are delighted to welcome him to the Board of Heirs Life Assurance and the broader family of Heirs Insurance Group.”

Commenting on his appointment, Pastor Jerry Eze said: “I am honoured to join the Board of Heirs Life Assurance at a defining moment for the insurance industry. Financial security empowers individuals, families, and businesses to pursue their aspirations with greater confidence and resilience.

“I look forward to working with the Board and Management to advance the company’s mission of making insurance more accessible, relevant, and impactful for every Nigerian.”

Heirs Life Assurance has become one of Nigeria’s leading specialist life insurance companies, ranking 7th on the Financial Times list of Africa’s fastest-growing companies.

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It is one of the three insurance businesses of Heirs Holdings, the leading pan-African investment company, with investments across 24 countries and four continents.

Combining an omni-channel digital presence with physical branches spread across the country, Heirs Life continues to redefine life insurance through innovation, customer-centric solutions, and a commitment to making financial protection accessible to every Nigerian.

Heirs Insurance Group, comprising Heirs Life Assurance, Heirs General Insurance, and Heirs Insurance Brokers, collectively serves over 3 million people directly and indirectly.

The Group is championing financial inclusion and leading the digital insurance play in Nigeria, demonstrating its mission to democratise access to insurance.

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World Bank Debars United Aviation Services, Owner over Fraudulent Activities

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The World Bank Group has announced the 31-month debarments of United Aviation Services Limited (UNASEL), a transportation services company based in Nigeria, and Air Vice Marshal Alkali Mamu, its owner and president, “in connection with fraudulent practices under the Enhancing Niger Northeastern Connectivity Project,” according to a press release issued by the multilateral development bank.

World Bank Debars United Aviation Services, Owner over Fraudulent Activities

The statement said that the project aims to enhance connectivity and road safety along the Zinder-Agadez Road section and improve access to basic socioeconomic infrastructure for selected communities in that road section.

However, according to the statement: “UNASEL and Mr. Mamu presented false experience documents in a prequalification application to qualify for a contract under the project. This was a fraudulent practice under the World Bank’s sanctions framework.”

“The debarments make UNASEL and Mr. Mamu ineligible to participate in projects and operations financed by Bank Group institutions. The debarments are part of two settlement agreements under which UNASEL and Mr. Mamu admit culpability for the underlying sanctionable practices,” it added.

The statement further said: “Per the Bank Group Sanctioning Guidelines, the settlement agreements provide for a reduced period of debarment in light of UNASEL and Mr. Mamu’s cooperation.

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As a condition for release from sanction under the terms of the settlement agreements, UNASEL and Mr. Mamu commit to developing and implementing integrity compliance measures that reflect the relevant principles set out in the Bank Group Integrity Compliance Guidelines, and Mr. Mamu further agrees to complete corporate ethics training.

UNASEL and Mr. Mamu also commit to continue to fully cooperate with the Bank Group’s Integrity Vice Presidency.

“The debarments of UNA SEL and Mr. Mamu qualify for cross-debarment by other multilateral development banks under the Agreement for Mutual Enforcement of Debarment Decisions that was signed on April 9, 2010.”

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