E-Business
Intermarc Partners NITDA, Announces Upcoming Events
Intermarc Consulting Limited, an integrated consulting firm with focus on e-business but with particular emphasis on e-banking and e-payment intermediation services has been appointed by the National Information Technology Development Agency (NITDA) to monitor and measure the impact of ICT4D and Government epayment Adoption Ranking (GEAR) in Nigeria through the eNigeria platform.
Adeyinka Adeyemi, managing partner, Intermarc consulting Limited explained that “a country’s e-readiness is a measure of its e-business environment, a collection of factors that indicate how amenable to Internet based opportunities. It is also how individuals and businesses consume digital goods and services.
With the accountant general of the federation announcement of the government policy on e-payment, the policy gave clear indication of the government’s seriousness to pursue the transformation from cash transactions to automated processes.”
The need to effectively position ICT to drive the Nigerian national economy and fully integrate Nigeria in the global information society towards becoming one of the top 20 economies of the world by the year 2020 necessitated the development of Nigeria’s ICT4D plan.
“Essentially, we will organize this national event to position ICT as a key driver of the Nigerian economy. As well, initiate the platform which will sustain the implementation of the hybrid approach “eNigeria 20-2020”; a measurable and scalable impact of development on the lives of the citizens,” said Mrs. Chinedu Ibisi, senior partner, Intermarc consulting Limited.
To help realize this dream, Intermarc Consulting Limited in conjunction with the Economic intelligence Unit, National Information Technology Development Agency (NITDA), United Nations Economic Commission for Africa (UNECA) and Africa Development Bank will be organizing the annual eNigeria Summit.
In the same vein, Intermarc Consulting is poised to deploy extensive solutions to stakeholders within the ICT sector, in 2010 as part of its contribution towards technological advancement in Nigeria and indeed, Africa.
Part of these includes the ePayment Breakfast Forum which will take place on February 9, 2010; a platform where decision makers from the banks and the ePayment market converge, to decipher and project operational trends in the New Year.
The Card, ATM & Mobile Expo, formerly CardExpo Africa will also commence from the 15th to 17th of June, 2010. To mark the 10th Anniversary of the company, the event has been upgraded to incorporate changes, global trends and best practice as obtained in mature economies. Tagged “War of the Channels” emphasis will be on managing cost and efficiency through electronic payment channels.
Intermarc will be organizing the maiden edition of Transaction Switching Africa in Accra, Ghana which serves as a proactive response to demand for optimized cost efficiencies in the payment transaction market in line with its vision to render sustainable superior performance and to be the preferred international epayment service provider.
Due to the rise in global electronic fraud, a stakeholders’ event which will display products and services, in addition to strategies that mitigate risk associated with efraud, the Fraud and Security Summit will be held in Cairo, Egypt.
Other upcoming events include the international workshop on executive Credit Risk to be held in Dubai, for board and top management from the public and private sector.
E-Business
Report Shows Start-ups Fuel Innovations in Africa

Bloomberg has released its second annual “25 African Startups to Watch” list, underscoring the growing influence of venture-backed innovation across the continent.

Published thursday, the list highlights companies building solutions in “environments where infrastructure or systems have failed to deliver.”
The featured start-ups build solutions to challenges such as accessing healthcare in Chad, moving goods in Kenya, securing loans in South Africa, and safeguarding borders in Nigeria.
Nigeria, South Africa and Kenya jointly lead with four companies each, reflecting the ongoing strength of Africa’s three most visible start-up ecosystems.
The 25 companies span 13 countries and sectors including healthcare, fintech, security, climate resilience, waste management, and transport.
Nigeria’s four startups are 10mg Health, Remedial Health, Sycamore and Terra Industries, covering areas from healthcare financing and pharmaceutical supply chain integrity to digital lending and defence technology.
South Africa’s contingent includes Omnisient, Amesect, AURA and Jem. Omnisient uses grocery purchase data and AI to extend credit to those outside traditional financial systems.
Kenya’s notable four include Zeraki, a school-data analytics platform partnering with Safaricom to reach secondary students across the country.
According to Bloomberg, a defining theme this year is the source of funding.
Nearly half of the total capital raised by these start-ups came from African investors, marking a shift from previous years when international capital predominantly drove early growth.
International backers such as 8VC, controlled by Palantir Technologies co-founder Joe Lonsdale, and Google continue to see value in investing in African companies, Bloomberg noted.
The report also highlights that start-ups across the continent almost doubled their debt fundraising in 2025, even as equity financing from venture capital firms declined.
Separately, the Start-up Ecosystem Report 2026 states that Kenya has overtaken Nigeria as Africa’s top startup investment destination, attracting $984 million in 2025.
Jennifer Zabasajja, Bloomberg Television’s chief Africa correspondent and anchor, highlighted the dual significance of the list, the variety of solutions being built and the growing role of African-sourced capital in backing them.
She noted that the list comes at a consequential moment, one shaped by global disruptions, from the conflict in Iran to sweeping cuts in US foreign healthcare assistance, that have made the case for African-owned capital more urgent than ever before.
E-Business
NDPC Raises Alarm: Fake News, Data Abuse Could Destroy Nigeria’s 2027 Elections

Nigeria Data Protection Commission has warned that the growing misuse of personal data and digital platforms could undermine Nigeria’s democratic process ahead of the 2027 general elections.

NDPC
The warning was delivered during the 2026 Press Week organised by the FCT Council of the Nigeria Union of Journalists in Abuja.
Speaking at the event, Vincent Olatunji, national commissioner and chief executive officer, NDPC, who was represented by Itunu Dosekun, head of Media Unit at the commission, said disinformation and unlawful exploitation of personal data posed serious threats to credible elections.
The event had the theme: “2027 Election: Defending Democracy in the Era of Disinformation.”
Dosekun said the struggle for credible elections was no longer confined to polling units, noting that digital platforms had become major channels for manipulated narratives, fake news, propaganda and AI-generated misinformation.
According to him, the rapid growth of social media platforms, messaging applications and data-driven political campaigns has created vulnerabilities capable of influencing voter perception and weakening public trust in democratic institutions.
He warned that the abuse of personal data for political profiling and psychological targeting had become one of the most dangerous threats facing democracies worldwide.
“The misuse of citizens’ personal information carries serious social implications, especially for vulnerable groups who may not fully understand how their data is harvested, processed and weaponised online,” he said.
Dosekun noted that coordinated disinformation campaigns could inflame ethnic tensions, spread fear and discourage civic participation, particularly among young Nigerians.
He described the Nigeria Data Protection Act, 2023, as a critical legal framework aimed at protecting citizens against unlawful data processing and digital exploitation.
According to him, the law gives Nigerians greater control over their personal information while placing obligations on organisations, institutions and political actors to handle data responsibly.
Dosekun also called for stronger collaboration among political parties, media organisations, technology firms, civil society groups and citizens to promote responsible digital behaviour ahead of the elections.
He stressed the role of journalists and media professionals in combating fake news, fact-checking information and safeguarding public discourse.
According to him, protecting personal data should not only be seen as a privacy issue but also as a democratic responsibility necessary for maintaining public confidence, national stability and electoral credibility.
Stakeholders at the event emphasised the need for improved digital literacy, stronger regulation and increased public awareness to prevent the abuse of digital platforms during future elections.
E-Business
Anthropic Raises $65 Bn to Expand AI Research, Innovation

Anthropic, artificial Intelligence company, has said that it has secured sixty-five billion dollars in a new funding round, raising the company’s valuation to about nine hundred and sixty-five billion dollars.

The development places the company ahead of its rival, OpenAI, maker of ChatGPT, which was valued at about eight hundred and fifty-two billion dollars earlier this year.
Anthropic, founded by former OpenAI employees and led by Dario Amodei, chief executive officer, has emerged as one of the leading firms in the global Artificial Intelligence industry.
The company is widely recognised for its advanced coding capabilities and generative AI models, particularly its AI assistant known as Claude.
Unlike some competitors focusing mainly on general consumers, Anthropic has concentrated on delivering AI solutions to enterprise and business clients.
The company also says it places strong emphasis on AI safety while expanding its products and services amid growing competition in the sector.
Krishna Rao, chief financial officer of Anthropic, said the new funding would support the company’s research efforts and help meet rising global demand for its AI technologies.
Reports indicate that the investment round attracted major Silicon Valley venture capital firms, including Altimeter Capital, Dragoneer, Greenoaks and Sequoia Capital.
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