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Ladda, Other Startups from Africa Compete for $500 000 in World’s Largest Competition

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Nigeria Ladda, a one-stop investment platform is among five starups bid in the Seedstars world competition. Seedstars is a Swiss-based investment holding with a mission to impact people’s lives in emerging markets.

The Seedstars World Competition is held annually to scout for the most promising startups from Asia, Africa, Europe, the Middle East and Latin America.

Africa’s finalists are:

  • Flamingoo Foods (Tanzania) is using cutting edge technology and their trained staff to mill rice collected from trusted farmers within the Rukwa Rift Valley.
  • Also in agritech, CAPTURE Solutions (Ivory Coast) provides B2B ICT applications to companies and organisations in need of re-organising and streamlining their working processes.
  • Ladda (Nigeria), a one-stop investment platform.
  • Sparco Inc. (Zambia), a startup providing a Pan-African payment infrastructure that unifies all payments market players on the continent and,
  • HealthTech startup Rohobot Home from Ethiopia that provides home-based healthcare service for chronically ill and aged people at affordable prices.

The startups will now face off in the African regional finals to be aired on 16 April. The regional winner will be selected based on their startup strength and scalability and will go on to represent Africa and compete for the US$ 500 000 grand prize in equity investment.

All regional finals can be followed here. Viewers can also watch the Ecosystem Insights presentation, and listen to the panel discussions where speakers from UN Women, International Finance Corporation, the World Bank Group and CAF Development Bank and other organisations will be discussing women empowerment and gender equality.

Growing through the challenges

Founded in 2013, Seedstars’ projects cover over 90 emerging ecosystems through a variety of initiatives such as the online Seedstars World Competition, acceleration programmes, physical hubs called Seedspace, venture capital investments and company building activities.

Eugenia Shevchenko, the competition’s lead said, “I can’t wait for the regional finals! Considering how hard 2020 was for each of us, it’s been really amazing to see our finalists grow through the competition while going through the Online Seedstars Academy as well as the month-long Investment Readiness Program.”

The global finale is expected to be held later this month.


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E-Business

Firm Warns of Blackmail from Alleged “Hackers”, “Law Enforcement” and “Hitmen”

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Attackers are incorporating personal details like full names and phone numbers in scam emails to appear credible and induce panic among victims. Scammers may pose as hackers with compromising data, law enforcement agencies issuing fake summons, or even hired assassins demanding ransoms. These threats often leverage techniques to evade email filters and other security solutions, underscoring the need for heightened vigilance.

In the most common variant, scammers impersonate hackers who claim to have infiltrated the victim’s devices. They allege to have access to cameras, microphones, browsing history, and sensitive files, often threatening to release explicit content captured via webcam or screen recordings supposedly taken whilst the victim was watching adult content.

Demands typically involve hundreds of US dollars in cryptocurrency, with promises to delete the data upon payment. These emails may include detailed narratives of the supposed breach, including explanations of malware types and advice on better security – ironically, tips that align with genuine best practices.

Another scam twist involves fraudsters posing as hired hitmen. In this scheme, the sender claims a contract has been placed on the victim’s life but offers to spare them if they outbid the original payer.

The email includes a cryptocurrency wallet for the ransom, framing the scammer as a “merciful” intermediary. This variant relies on fear rather than embarrassment, promising the victim’s life in exchange for payment.

Another prevalent tactic sees scammers masquerading as law enforcement agencies, such as Europol. Victims receive emails with attached PDF or DOC files containing fake summonses accusing them of serious crimes like child exploitation, exhibitionism, or human trafficking.

These documents cite fabricated articles of legal codes, feature forged signatures and seals, and urge immediate contact via a provided email to “resolve” the matter. Upon response, the “authorities” demand paying fines to avoid prosecution, often leading to cryptocurrency transfers.

“To slip past protective solutions, scammers employ various evasion tactics. These include embedding the main threat in attachments to avoid body text scanning, mixing letters from different alphabets (e.g., replacing Latin letters with similar Cyrillic ones), adding diacritical marks via HTML codes, varying fonts in HTML markup, inserting random symbols or punctuation between words, and hiding text in invisible HTML tables.

“Such “noise” makes detection by security solutions more difficult, as each email variant appears unique while remaining readable to humans. For example, cryptocurrency wallet addresses might be obscured with HTML entities to evade filters without hindering the victim’s ability to copy them,” comments Anna Lazaricheva, Senior Spam Analyst at Kaspersky.

 


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Nigeria to Unveil Single-Entry Emergency Passport for Citizens Abroad

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Nigeria Immigration Service (NIS) is developing a Single-Entry Emergency Travel Passport (STEP) to replace the current Emergency Travel Certificate (ETC).

Nigeria to Unveil Single-Entry Emergency Passport for Citizens Abroad

STEP will aid stranded Nigerians abroad; aligns with broader immigration and border control reforms

Comptroller General Kemi Nanna Nandap announced the initiative this week during a policy meeting organized in partnership with the French government.

Nandap explained that the STEP will serve as a temporary travel document for Nigerian citizens abroad whose passports have expired, been lost, or stolen, enabling them to return home safely.

The new document is part of broader immigration reforms aimed at strengthening identity management and border control in line with global standards.

Since May 2025, Nigerian authorities have been pursuing wide-ranging immigration reforms focused on expatriate management and the visa system.

The measures seek to prevent misuse of expatriate quotas, encourage skills transfer, and streamline immigration procedures through digitization.

The reforms also reinforce the fight against human trafficking and migrant smuggling through tighter border control and better-coordinated migration management.

In October, authorities launched nationwide inspections targeting undocumented foreign nationals, particularly those who had overstayed their visas or violated entry conditions.

Offenders face sanctions such as overstay fines, deportation, and possible future entry bans.

The new STEP will be issued at designated Nigerian embassies and consulates abroad and will be valid for a single entry only.


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NITDA Highlights Economic Impact, Digital Transformation Gains, as ICEGOV 2025 Concludes in Abuja

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The National Information Technology Development Agency (NITDA) has hailed the successful conclusion of the 18th International Conference on Theory and Practice of Electronic Governance (ICEGOV 2025) as a landmark moment for Nigeria’s digital economy aspirations, citing its direct contribution to research excellence, global collaboration and the nation’s ongoing digital transformation agenda.

Hosted in Abuja under the patronage of President Asiwaju Bola Ahmed Tinubu, ICEGOV 2025 convened global experts for four days of rigorous debate, innovative research presentations, and high-impact partnerships, a convergence that NITDA says aligns closely with the President’s redefined priority area of accelerating economic diversification through industrialisation and digitisation.

The conference, a United Nations University (UNU-EGOV) initiative founded in 2007, brought together academia, industry leaders, civil society, development institutions and government actors to shape the future of electronic governance. This year’s edition placed Nigeria at the center of global digital discourse, showcasing the country’s rising intellectual and technological capacity.

A total of 151 scientific papers were submitted by 308 authors from 33 countries, with emerging economies accounting for 68% of participating scholars, a clear sign of the conference’s inclusive reach. Nigeria led global submissions with 102 authors, followed by Brazil, India, Portugal and Greece.

NITDA emphasised that this strong participation reflects the Agency’s decade-long investment in digital talent development, research funding and ecosystem strengthening, which are investments that are already translating into local and international recognition.

The conference also honoured outstanding research through its Best Paper Awards. Notably, Robert Ifeonu of the Central Bank of Nigeria earned the top award in the Research category for his paper “Micro-Transformation Framework for Public Sector Innovation: Catalysing Resilient, Outcome-Driven Digital Governance.” This, NITDA noted, underscores Nigeria’s emerging leadership in developing home-grown digital governance models capable of driving socio-economic impact.

In her closing remarks, Professor Delfina Soares, Director of UNU-EGOV, extended appreciation to NITDA Director-General, Kashifu Inuwa CCIE, for his early endorsement and strategic leadership in bringing ICEGOV to Abuja. She noted that the local partnerships and sponsorships facilitated by NITDA significantly enhanced the conference’s global value and strengthened Africa’s position in digital governance research.

Speaking on the event’s economic and strategic implications, NITDA affirmed that hosting ICEGOV 2025 delivered multiple layers of value, from boosting Nigeria’s reputation as a digital innovation hub to fostering partnerships that will stimulate new investments, research collaborations and capacity-building programmes.

The Agency added that insights and tools shared during the conference will further accelerate the actualisation of its digital transformation agenda, strengthen public sector efficiency and support the Federal Government’s commitment to economic diversification through digitisation and industrialisation. The knowledge exchange from ICEGOV, it said, will catalyse improved service delivery, enhanced regulatory frameworks and the deepening of Nigeria’s knowledge-driven economy.

As delegates departed Abuja carrying new research linkages and strategic commitments, NITDA reaffirmed its readiness to sustain the momentum, ensuring that Nigeria not only participates in global digital governance conversations but also shapes them.

 


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