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Nigeria-South Africa Chamber Celebrates Silver Jubilee of Bilateral Trade Ties

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L-R: Prince Adedapo Benjamin Adelegan, Former and 14th president and Chairman of the Council of the Nigeria British Chamber of Commerce (NBCC); Dr. Ije Jidenma, Chairman of the Nigeria-South Africa Chamber of Commerce (NSACC); and Tobechukwu Okigbo, Chief Corporate Services & Sustainability Officer, MTN Nigeria at the Nigeria and South Africa Chamber of Commerce 25th Anniversary, in Lagos, Nigeria.
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Nigeria-South Africa Chamber of Commerce (NSACC) celebrated its 25th anniversary with a high-profile dinner in Lagos, drawing corporate leaders, diplomats, and state officials to honour a quarter-century of robust bilateral economic relations.

Nigeria-South Africa Chamber Celebrates Silver Jubilee of Bilateral Trade Ties

L-R: Prince Adedapo Benjamin Adelegan, Former and 14th president and Chairman of the Council of the Nigeria British Chamber of Commerce (NBCC); Dr. Ije Jidenma, Chairman of the Nigeria-South Africa Chamber of Commerce (NSACC); and Tobechukwu Okigbo, Chief Corporate Services & Sustainability Officer, MTN Nigeria at the Nigeria and South Africa Chamber of Commerce 25th Anniversary, in Lagos, Nigeria.

This milestone event, themed “Building Together,” served as a powerful testament to the resilience and deepening economic bond between Africa’s two largest economies.

The Lagos State Governor, Babajide Sanwo-Olu, whose address was delivered by the Commissioner for Commerce, Trade, and Investment, Folashade Ambrose-Mendebem, hailed the NSACC as a vital foundation for bilateral economic diplomacy.

He specifically emphasised the work of the Lagos State Government in promoting economic development and the Chamber’s crucial role in facilitating trade, investment, and market guidance, which has benefited South African enterprises operating within Lagos.

The Governor then issued a strategic call to action, urging the business community to pivot towards transformative investments in key emerging sectors.

These sectors, including manufacturing, fintech, entertainment, and green energy, represent the future of economic growth and diversification.

Taking the podium, the Chair of the NSACC, Dr. Ije Jidenma, framed the Chamber’s 25th anniversary as an acknowledgement of the maturity and strength of the Nigerian-South African economic bond.

“This 25-year milestone shows that despite the ups and downs, Nigeria and South Africa want to work together.

“We must go beyond perception and narrative; our people want collaboration,” she said.

Dr. Jidenma clarified that this milestone was less of a commemoration and more of a forward-looking approach towards achieving greater impact in Nigerian-South African relations.

She acknowledged the significant contributions of founding members and corporate partners, whose commitment sustained the institution through political and economic turbulence.

Looking ahead, Dr. Jidenma articulated a strategic plan centred on building trust and ensuring the NSACC makes a profound impact on the bilateral commercial relationship over the next five years.

Prof. Bobby Moroe, the South African Consul-General in Lagos, expressed that the Chamber’s silver jubilee was a cause for excitement, noting its timely alignment with 31 years of unbroken diplomatic relations between the two nations.

Prof. Moroe offered high praise to the NSACC for successfully “holding the fort” for 25 years, ensuring commercial relations were effectively harnessed even under difficult continental circumstances.

He took the opportunity to highlight the immense opportunity presented by the African Continental Free Trade Agreement (AfCFTA).

In his closing remarks, he strongly encouraged business leaders in the room to leverage their combined strengths and the structures of the NSACC to push forward the agenda of continental economic integration.

A central feature of the evening was the prestigious awards ceremony, which celebrated individuals and organisations instrumental in strengthening Nigeria-South Africa ties.

Tobechukwu Okigbo, Chief Corporate Services & Sustainability Officer, MTN Nigeria, had the honour of presenting the awards, and MTN won the award for Exceptional Partnership

The evening concluded with high-level networking, reinforcing the spirit of continental brotherhood and shared optimism for a prosperous, integrated African economy as the NSACC embarks on its next 25 years of partnership and progress.


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Ugo Onwuaso is an ICT enthusiast. He believes technology should be used for general good. He holds a Master of Public Administration (MPA) degree from the Lagos state University. Dear Reader, Your support matters. But we believe that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. That is why, we have devoted our energy to independent reportage of technology and finance and how they affect lives. Our incisive and analytical view of how technology news affects the daily life help individuals and organizations make up their minds. Quality journalism costs money. Today, we're asking that you support us to do more. Kindly support our effort to deliver technology and finance journalism to everyone in the world. Donate as little as N1,000. Bank transfers can be made to: UBA Plc 1017156876 Communication Week Media Ltd

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TikTok, Instagram Blamed in US Youth Suicide Lawsuit

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Major social media giants Meta Platforms, TikTok and Alphabet’s YouTube will face a landmark jury trial this week in Los Angeles County Superior Court over allegations that their addictive designs have fuelled a youth mental health crisis, marking the first such case to reach this stage.

TikTok, Instagram Blamed in US Youth Suicide Lawsuit

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The pivotal personal injury lawsuit centres on a 19-year-old Californian woman identified as K.G.M., who claims her childhood immersion in Instagram, Facebook, YouTube and TikTok—engineered with endless scrolls, autoplay videos, notifications and algorithms—sparked severe anxiety, depression and suicidal thoughts.

Dozens of similar suits have surged since 2022 from families, schools and states, accusing the firms of burying internal research on teen harms while prioritising ad revenue through youth-targeted engagement hooks, despite Section 230 protections for user content.

Plaintiffs seek damages and design overhauls, arguing platforms bypassed parents and preyed on vulnerable kids; defendants counter there’s no clinical “social media addiction” diagnosis, no proven causation—kids with issues often use less—and they’ve added safeguards like parental controls and time limits.

Echoing Australia’s under-16 bans, the trial will scrutinise thousands of internal documents, expert testimonies and K.G.M.’s story, potentially expanding tech liability amid debates where studies show complex links, not direct causation, between screen time and disorders like eating issues or self-harm.

A win could mandate warning labels, age gates or algorithm tweaks, reshaping global platforms as U.S. Surgeon General advisories and global scrutiny intensify pressure on Big Tech to prioritise child safety over profits.


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Meta Tests Paid Subscriptions Across Instagram, Facebook, WhatsApp

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Meta is gearing up to trial paid subscription services on Instagram, Facebook, and WhatsApp, aiming to diversify revenue streams beyond advertising while maintaining free core access for all users.

Meta Tests Paid Subscriptions Across Instagram, Facebook, WhatsApp

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The subscriptions will offer enhanced tools tailored for everyday users, creators, and businesses, including advanced content creation, sharing, and workflow features distinct from the existing Meta Verified verification program. Unlike a uniform rollout, Meta plans varied testing formats per app to match diverse audiences, experimenting with feature bundles based on user feedback to refine the model.

A key element involves integrating Manus, the autonomous agent firm Meta acquired for $2 billion in December, into these apps alongside its enterprise sales. Manus enables complex task automation with minimal input, with early signs like Instagram shortcuts already spotted by reverse engineer Alessandro Paluzzi.

Video tools feature prominently: Meta’s Vibes short-form video generator in the Meta AI app shifts to freemium, where paid tiers unlock higher monthly creation limits beyond the free baseline. On Instagram, subscriptions could enable unlimited audience lists, non-follower tracking, and anonymous Story views, though specifics for Facebook and WhatsApp remain under wraps.

Drawing from Meta Verified’s 2023 launch—which provides badges, support, and protection mainly for creators—these broader plans target wider appeal amid industry shifts. Ad growth slows against TikTok competition, while Snapchat+ boasts 16 million subscribers at $3.99 monthly, proving demand for value-driven paid perks despite subscription fatigue risks from streaming and storage fees.

Meta will phase tests gradually, prioritizing feedback to shape long-term viability without alienating free users.


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New Investment Fund Targets Acceleration of Emerging Technology in Nigeria

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The International Rescue Committee (IRC) has announced the formation of Airbel Ventures, a new humanitarian impact investing fund aimed at accelerating the introduction and scaling of breakthrough technologies in crisis-affected communities.

The fund will invest in companies whose ideas have the potential to change humanitarian response, including digital infrastructure for frontline health systems and climate-resilient agriculture.

The launch of Airbel Ventures follows a period of rapid innovation at the IRC, despite the humanitarian sector facing record funding cuts.

In the past year, the IRC’s Airbel Impact Lab has advanced more than twenty Artificial Intelligence (AI) and technology initiatives—from anticipatory action tools powered by climate and vulnerability data, to frontline service delivery using safe, orchestrated AI systems, to breakthrough diagnostic tools for emerging diseases.

Airbel Ventures’ first impact investment is in Signalytic, a company delivering solar-powered computing devices that ensure reliable electricity and connectivity for remote health facilities.

Following the investment, the IRC will pilot Signalytic’s technology with its Nigeria Health team, demonstrating the viability of next-generation digital infrastructure in humanitarian settings.

“We know breakthrough solutions already exist—what’s missing is the path to scale in humanitarian contexts,” said Dr. Jeannie Annan, Senior Vice President for Research & Innovation at the IRC and head of the Airbel Impact Lab.

 


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