E-Business
HP Restates Commitment to e-Learning Project
Leading technology distributor, Hewlett Packard, has restated its determination to empower local communities with necessary Information and Communications Technologies (ICT) tools capable of uplifting their lifestyles.
Mr. Ime Umo, managing director, HP, said that e-learning is one of the veritable tools to use in achieving this lofty goal. "One of our goals in communities where we work is to recognize the business value of diversity and to build digital connections to address the gaps in the availability and use of technology," he said.
Speaking at the just concluded e-Learning Forum attended by prominent ICT firms across the globe at Accra International Conference Centre, Ghana, he described HP’s efforts in achieving this unique goal as ‘e-inclusion’, noting that e-inclusion is not just about technology but about people, relationships and personal commitment.
"As we continue to invest across Africa, the need for e-inclusion continually resonates. When can we say we have empowered a people to participate in society by sharing the benefits of information and skills transfer? How do we get to the point where a community is engaging HP and leveraging fully on technology that can change lives?
"As the largest IT company in the world, we come with the experience of disseminating information to a diverse group of people over wide geographical locations. From our immense customer base, we also understand that ‘one size does not fit all’. So we believe our task is straightforward, find the local need and match it to an IT solution from our portfolio. The real challenge is to provide innovative content that will challenge and create enthusiasm in individuals to leverage the opportunities we provide and impact their lives. Not just their lives – the lives of their families and their communities", he said.
In taking ICT to Kindergatten level (K12), Umoh, represented by Mr. Chuks Okpaka, Enterprise Server and Storage (ESS) manager said HP had worked first with Intel and the Nigerian government on the Teacher-Assisted Purchase Plan (TAPP). According to him, 5,000 notebooks were given to teachers who were trained on Intel-provided portal and curriculum. Also, 30-pc classrooms for students to learn using this updated content were provided. "Within three months, in comparison with classes without access to technology, the difference was significant, it was easier for students to grasp concepts, and retention of studies was also significantly improved in these classes. For the teachers, access to these tools made teaching a much more fulfilling and rewarding experience", he added.
Listing HP’s contributions to e-learning initiatives, he said HP had just concluded the Nepad implementation project with three secondary schools across Nigeria, noting that this year; HP will develop curriculum and additional learning portals, to see technology changing the lives of children.
While stressing the essence of Small and Medium-sized Enterprises (SMEs) in developing economies, he noted that they are predominantly unstructured and according to statistics, about eight out of ten small businesses fail within five years.
"Our MicroEnterprise Accelerated Program (MAP) seeks to address this ‘statistic’. With MAP, we set up digital classrooms and offer curriculum to SMBs in PC appreciation basic business skills development – basic accounting, business planning, presentation skills that will give them confidence to approach formal funding institutions for their business, etc. The beauty of the MAP is the introduction of courses directly related to ‘handiwork’ – for instance, in running a curriculum targeted at a farming community, the curriculum is looking to integrated curriculum on modernized farming technology giving more incentive to the local community to engage", he noted.
Umo stated that HP is in collaboration with tertiary institutions to teach specific entrepreneurship curriculum to students who want to open their own businesses. "Because there is a great need here, we are also in close collaboration with the Nigerian Government through the SME bureau Smedan and an NGO – Shehu Ciroma Foundation".
In all of these, he said HP has partnered with like-minded organizations and government bodies because it understands that partnerships will give them the breadth required to make this a continuing successful outing.
E-Business
BPP Partners NDPC to Strengthen Data Protection

Dr Adebowale Adedokun, director-general, Bureau of Public Procurement (BPP), has reaffirmed the bureau’s commitment to data protection in Nigeria.
He disclosed this in a statement at the weekend by Zira Nagga, head of Public Relations, BPP, following a courtesy visit by a delegation from the National Data Protection Commission (NDPC).
Adedokun stressed that data protection is vital to Nigeria’s economy and development, particularly in areas such as demography, health, education, and other key sectors.
He emphasised that no country should leave its data unprotected, as it plays a crucial role in future planning and national development.
“Data governs the world. It is essential to technological progress and must be protected for a country or business to be taken seriously,” he said.
Adedokun described the visit, aimed at fostering partnership on data policy implementation and protection, as timely and aligned with national goals.
He said the BPP would collaborate closely with the NDPC to boost data development, capacity building, and enhance the procurement system.
“The BPP will support compliance as part of the ‘Nigeria First’ Policy, although it is not a core procurement eligibility requirement,” he explained.
He suggested a hybrid training model to help build strong capacity in data protection, privacy awareness, and policy understanding.
According to him, a dynamic training approach will reduce logistics costs and improve public confidence in data safety and privacy.
Dr Vincent Olatunji, CEO, and national commissioner, NDPC, praised Adedokun and the BPP for supporting data protection initiatives.
He said the partnership supports President Bola Tinubu’s vision and will strengthen data privacy across Ministries, Departments, and Agencies (MDAs).
“The collaboration will create awareness and train BPP staff to ensure a firm grasp of data protection principles and policies,” he stated.
Olatunji said the NDPC would establish a working group to finalise a Memorandum of Understanding beneficial to both institutions.
He added that President Tinubu signed the NDPC into law on 12 June 2023 to uphold citizens’ rights and protect national and business data.
Olatunji also noted that strict legal measures were in place to enforce data protection and ensure full compliance nationwide.
Both agencies agreed to form a team to sign the MoU and focus on capacity building and data management in procurement and beyond.
E-Business
FG Mulls Fibre Optic Layout to Bridge Internet Gaps

President Bola Tinubu said that his administration has initiated a project to install fibre optic cables across the country, aimed at enhancing the socio-economic development of Nigeria.
His plans were contained in a speech he delivered at a joint session of the National Assembly in commemoration of Democracy Day on Thursday, June 12.
He said the fibre optic layout is part of other projects being embarked on.
“In addition, we have embarked on an ambitious project to lay fibre optic cables across the nation, a transformative step toward bridging the digital divide and fostering greater connectivity.
“This initiative promises not only to enhance the speed and reliability of internet access but also to revolutionise how businesses operate, how students learn, and how communities stay connected,” Tinubu stated.
He maintained that by extending this critical infrastructure, his government is empowering entrepreneurs, enabling digital education, and providing the tools for our youth to compete in a globalised world.
In a most recent report on Internet connectivity, The ICIR pointed out how Nigeria has faced setbacks in its deployment of fibre optic cables and needs a transformation.
The challenges revolve around vandalism, inadequate coordination between road construction and telecom infrastructure, and varying right-of-way (RoW) charges across states.
Among industry experts, these issues impact network outages, increase repair costs, and hinder broadband expansion efforts.
It has also further threatened the digital economy, leading to slower Internet speeds, dropped calls, and unreliable connectivity among others.
E-Business
African Startups Raised $345m in Funding in May

African startups raised more than $345 million across 65 deals in May, more than double the amount raised in the same period of last year, according to a report by Briter, a research and business intelligence firm.
The report disclosed that both the number of deals and participating companies declined, confirming a growing trend of fewer companies raising funds in larger sizes.
It said fintech attracted the highest share of funding in May, accounting for 34 percent of the total, while cleantech followed closely, driven by a debt deal from Sun King. The company raised $80 million (in local currency) to expand clean energy access in Nigeria.
“Equity remains the primary instrument in terms of total value. There’s no doubt about it; in fact, equity deals with disclosed amounts captured more than half of the total funding volume in May.
“However, debt financing is increasingly proving its weight. Although it accounted for only 8 percent of all deals, it represented 32 percent of the total funding, highlighting the typically larger size of debt transactions. With the rise of specialised vehicles targeting early-stage businesses, debt is becoming an increasingly important part of Africa’s innovation funding landscape,” it said.
Briter’s report added that grants continued to play a vital role in early-stage support, especially in the education technology (EdTech) sector. The Mastercard Foundation led the pack in grant activity, funding a new cohort of EdTech innovators in Nigeria and Kenya. Each selected startup is set to receive $100,000 in grant funding, in addition to mentorship and business development support.
Multilaterals also made a strong showing in May, it said. The Multilateral Investment Guarantee Agency (MIGA), a World Bank Group member, issued a $179.6 million guarantee to CleanTech firm KOKO Networks. The support will help scale its clean energy solutions across Kenya.
“This deal not only demonstrates growing international confidence in African climate ventures but also signals a promising pathway for other asset-intensive startups in clean cooking, agriculture, and renewable energy,” the report said.
From a geographic perspective, Egypt emerged as the continent’s fundraising powerhouse for the month, contributing 51 percent of all funding raised. The country recorded 12 deals across equity, debt, and bond instruments. Notably, FinTech platform MNT-Halan raised $50 million through a bond issuance, further illustrating the diversification of capital-raising mechanisms in the region.
Outside Egypt, funding was distributed across Africa’s three other key markets, which are Egypt, Nigeria, and Kenya, with limited activity recorded in countries such as Ghana, Tunisia, Morocco, and Uganda, each registering between one and three deals.
In terms of exits, the African tech landscape continues to mature. Three companies—Baobab+, Qardy, and Shopa—were acquired in May, bringing the total number of exits this year to 22. This already surpasses last year’s count for the same period. Qardy was acquired by Catalyst Partners Middle East (CPME) in a disclosed deal valued at $23 million, the report added.
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