Telecom
Olajumoke Adenowo Appointed to Flutterwave’s board
Flutterwave, Africa’s most valuable startup, has named Nigerian architect Olajumoke Adenowo as a member of its global board of directors, as part of the company’s efforts to drive its international expansion strategy.
Adenowo, who is Flutterwave’s first independent non-executive board member, is expected to contribute to its goal of solidifying its pan-African and global positioning, the company said in a statement on Monday. With a successful career in architecture spanning over 35 years, CNN described her as “Africa’s Starchitect.”
“Olajumoke’s insights and strategic vision will be invaluable assets as we continue to pioneer innovative solutions and drive impactful change across Africa and beyond,” Olugbenga GB Agboola, CEO and Founder of Flutterwave, said of the appointment.
Adenowo hopes to draw on her “personal paradigm” and “global exposure” to bolster the company’s “mission of bridging Africa with the world’s markets.” She leads a large portfolio of local and international projects at the architectural firm AD Consulting. She became the first African and First black architect published by Rizzoli, thanks to her latest book, “Neo Heritage: Defining Contemporary African Architecture.” She was recognized as the 2020 Forbes Woman African Entrepreneur of the Year Award.
Flutterwave, widely believed to be considering an Initial Public Offering (IPO) on the NASDAQ, remains bullish on international expansion. The fintech giant recently expanded into India, signing an agreement to offer its remittance product to Asia’s second-biggest economy. Since its founding in 2016, Flutterwave has rapidly expanded and now has a presence in about 30 African countries.
In December 2023, the company named five new executives across its risk, compliance, and expansion departments one month after Oneal Bhambani, its former CFO, abruptly left the company. Flutterwave recently secured a court order to recover $24 million lost to unauthorized POS transactions.
Telecom
QNET Named ‘Direct Selling Company of the Year’ at AfriTECH 4.0 Awards
QNET, a leading global lifestyle and wellness direct selling company, has been honored with the prestigious “Direct Selling Company of the Year” award at the recent AfriTECH 4.0 Conference and Awards.
This recognition underscores QNET’s significant contributions to financial inclusion and e-commerce in Africa.
The award was presented to QNET by Mr. Chike Onwuegbuchi, Co-Convener of AfriTech & ATAEx Awards. Onwuegbuchi commended QNET for its unwavering commitment to empowering individuals and driving economic growth across the continent.
He highlighted the company’s innovative approach to direct selling, coupled with its focus on financial literacy and digital innovation.
Biram Fall, Regional Manager for QNET Sub-Saharan Africa, expressed his gratitude for the recognition.
He emphasized QNET’s dedication to innovation, entrepreneurship, and digital transformation in Africa.
Fall highlighted the company’s impact on the Nigerian economy, particularly through its advanced technology and robust e-commerce platform.
“QNET’s participation in this event further solidified its position as a key player in the region’s digital transformation journey.
“We are committed to staying in Nigeria, our biggest market in Sub-Saharan Africa, and contributing to the region’s development,” Fall stated.
During his keynote speech, Fall underscored QNET’s commitment to empowering individuals through knowledge and skill development.
He highlighted the FinGreen financial literacy program, which has already trained over 1,350 young people in Nigeria to make informed financial decisions.
Fall also emphasized the potential of direct selling to drive economic growth in Africa. “Our e-commerce-driven direct-selling model provides opportunities for income generation across more than 100 countries, helping individuals pursue their goals while contributing to community growth,” he explained.
Addressing the challenges of limited banking infrastructure and cash dependency in Africa, Fall stressed the importance of financial inclusion for e-commerce growth.
He called for collaboration to accelerate financial inclusion and e-commerce growth in Africa, fostering a financially inclusive future for the continent.
Telecom
Martin Ekpeke Honored with Digital Reporting Excellence Award @ATAEx
Martin Ekpeke, Managing Editor of ITPulse, a leading Nigerian online Information and Communications Technology (ICT) news platform, was awarded the prestigious Digital Reporting Excellence Award at the Africa Tech Alliance Excellence (ATAEx) Awards.
The award, presented by Tech Castle Foundation, recognizes Ekpeke’s exceptional coverage of cyber threats, digital privacy, and the evolving online security landscape.
“We are thrilled to honor Martin Ekpeke with the Digital Reporting Excellence Award.
“His insightful reporting has been instrumental in raising awareness about critical digital issues and empowering individuals and organizations to stay informed and protected,” said Chike Onwuegbuchi from Tech Castle Foundation.
Ekpeke expressed his gratitude for the recognition, stating, “I am deeply honored to receive this award.
“It is a testament to the hard work and dedication of the entire ITPulse team.
“We are committed to delivering high-quality, informative content that empowers our readers to navigate the complex digital world.”
The Africa Tech Alliance Excellence (ATAEx) Awards celebrate individuals, businesses, and institutions driving digital transformation in Africa.
This year’s event brought together tech enthusiasts, regulators, and other key stakeholders in the Nigerian ICT ecosystem.
Telecom
NCC Calls on Judiciary to Champion Nigeria’s Digital Transformation
Nigerian Communications Commission (NCC) has emphasized the judiciary’s crucial role in Nigeria’s digital transformation. During the Annual Workshop for Judges on Legal Issues in Telecommunications, Executive Vice Chairman Aminu Maida highlighted the judiciary’s reliance on digital tools to enhance justice delivery.
He stressed the need for special protections for telecommunication infrastructure, which faces disruptions from vandalism, theft, and restricted access.
Maida called for judicial support to implement the Presidential Order designating telecommunications infrastructure as Critical National Information Infrastructure.
This order prohibits unauthorized actions against such infrastructure without a lawful court order.
The judiciary’s role in protecting fundamental rights, enforcing digital contracts, and developing digital jurisprudence is vital for Nigeria’s digital transformation.
Chief Justice of Nigeria, Justice Kudirat Kekere-Ekun, commended the NCC’s efforts to protect consumers from unfair practices and emphasized the judiciary’s commitment to the telecommunications sector.
She highlighted concerns such as cybersecurity risks, consumer data protection, and the need for improved dispute resolution frameworks within the digital economy.
The workshop aims to equip judicial officers with the technical expertise required to address emerging legal challenges in telecommunications.
Nigeria’s digital economy has significant growth potential, with projected revenues of $18.30 billion by 2026, expected to create employment opportunities, reduce poverty, and promote innovation.
The NCC is working with key stakeholders to ensure the seamless implementation of the Presidential Order and to keep Nigeria competitive in the global digital economy.
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