General News
She Leads Africa Hosts Most Talented Women Entrepreneurs Show
She Leads Africa, a social enterprise dedicated to fostering the spread of business growth and ideas in Africa, is hosting its inaugural Entrepreneur Showcase.
The Entrepreneur Showcase holds on September 20, 2014, at Terra Kulture in Victoria Island, Lagos and will provide female entrepreneurs the opportunity to pitch their business ventures to a panel of potential mentors and investors and compete for cash and prizes.
Founded in 2014 by Yasmin Belo-Osagie and Afua Osei, young women passionate about female entrepreneurship in Africa, She Leads Africa is a platform that looks to empower female entrepreneurs in the continent.
They have identified unequal access to education, cultural stereotypes, limited networking opportunities and limited access to finance as the 4 key barriers preventing women from taking part in Africa’s growth story.
With an acceptance rate of less than 3%, ten entrepreneurs were selected from the list of almost four hundred applicants from twenty seven countries.
Prizes for the winners include financial prizes of US$10,000 and US$5,000 to the winner and runner-up, respectively, as well as non-financial prizes such as phones and tablets, brand consultation, free office space, access to prominent venture capitalists and angel investors, and additional tools needed in order to expand their existing start-ups and achieve their business dreams.
“We are incredibly excited about the finalists for the inaugural She Leads Africa competition,” said Yasmin Belo-Osagie, the co-founder of She Leads Africa.
“These finalists represent some of the best and the brightest entrepreneurial talent in Africa, and we look forward to seeing the outcome of the competition.”
“Starting a business is challenging for any young person in Africa and at times the challenges can multiply for young women,” said Afua Osei, the Co-Founder of She Leads Africa.
“Access to education, financing, and useful networks are limited, and cultural stereotypes can curtail a woman’s ambition. She Leads Africa’s vision is to provide entrepreneur development, networks and funding for promising female entrepreneurs who have the ambition and drive to be the business leaders of tomorrow, building companies that will become pan-African and global leaders.”
She Leads Africa’s 10 finalists will have a month long period of business consultancy with key figures in the private equity, management consulting, and financial industries.
These mentors will work hand in hand with the entrepreneurs on their business plan development, go to market strategy, financial modelling and pitching skills before the showcase.
“Africa as a whole is poised for greatness, with significant potential for wealth,” further commented Afua Osei. “With the guidance and mentorship of those that have become proven successes in their fields, we can make sure that this new period of growth creates opportunities in new sectors and for a new generation of Africans.”
This year’s adjudication panel will include notable business people, including, Hakeem Belo-Osagie: Serial entrepreneur and Africa’s 34th wealthiest man. Mr Belo-Osagie currently sits on the global advisory board for the Council of Foreign Relations and the Brookings Institute and Ngozi Edozien: Founder of InVivo partners and non-executive director at Barloworld, PZ Cussons, and Vlisco. Ms Edozien is also the former head of West Africa for emerging market focused PE fund Actis.
Bola Adesola, chief executive officer of Standard Chartered Nigeria and a member of the Aspen Global Leadership Network, will also be there.
This year’s showcase features female entrepreneurs across a broad range of sectors: retail, manufacturing, e-commerce, information technology, and transportation.
Finalists come from across the continent and diaspora, including Nigeria, Ghana, Morocco, South Africa, United Kingdom and the USA.
The competition will place a spotlight on the women that are driven to developing Africa’s growth story through fostering commerce.
Founded in 2014 by Afua Osei and Yasmin Belo-Osagie, She Leads Africa is a platform that provides the most talented female entrepreneurs across the continent with access to the knowledge, networks and financing needed to build and scale strong businesses.
She Leads Africa aims to jumpstart female entrepreneurs from Small to Medium Enterprises (SMEs) to pan-African industry leaders, and to become a staple of the African investment community.
PalmPay has opened a new office at 33 Old Yaba Road, Lagos, reinforcing its commitment to innovation, customer service, and operational growth in Nigeria.
The new office represents a continued investment in PalmPay’s people, operations, and infrastructure, supporting the company’s ability to deliver reliable financial services at scale. Designed to accommodate PalmPay’s growing team, the workspace enables closer cross-functional collaboration while strengthening service delivery nationwide. Located in Yaba, one of Lagos’s most established commercial and technology corridors, the office further anchors PalmPay within Nigeria’s innovation and financial ecosystem.
Speaking at the office launch, Managing Director Chika Nwosu highlighted that the new workspace reflects PalmPay’s long-term vision and dedication to excellence. “This new office represents an important step in our growth journey and our commitment to building secure, reliable, and inclusive financial solutions for our users,” he said.
The launch event was attended by PalmPay’s leadership team, employees and customers, who toured the facility and marked the company’s continued growth and progress.
With the opening of its office at 33 Old Yaba Road, PalmPay continues to strengthen its presence in Nigeria and reaffirm its mission to drive financial inclusion through innovative digital solutions.
PalmPay is a leading digital banking platform driving financial inclusion and economic empowerment in underserved emerging markets. Through its secure, user-friendly, and inclusive suite of financial services, PalmPay empowers individuals and businesses with tools to manage and grow their money.
PalmPay offers a comprehensive range of products, including mobile payments, savings, and micro-insurance via its app and mobile money agent network.
Since launching in Nigeria in 2019 under a Mobile Money Operator license, the platform has grown to over 35 million app users and processes up to 15 million transactions daily. PalmPay has operations in Nigeria, Ghana, Tanzania, and Bangladesh.
The Nigerian Aviation Handling Company Plc has announced the signing of a chain of contracts with major airlines for the provision of total handling solutions.
In a statement on Tuesday, the company announced the signing of contract renewals with Air France, KLM and Virgin Atlantic, as well as the African operator, RwandAir.
NAHCO also signed fresh contracts with United Nigeria – Regional, Bellagio and Malaikair.
According to the statement, the contracts with Air France and KLM are for three years and will run till 2028, respectively. The duration of the contract with Virgin Atlantic was also put at three years.
The duration for the RwandAir contract is for three years, effective 1 October 2025.
The statement read, “The new contract with United – Regional would be for a period of five years, effective from 1 August 2025. For Bellagio and Malaikair, the contracts are for three and five years, respectively.
“Bellagio Air, Nigeria’s rising star in aviation, is redefining air travel with a blend of luxury, efficiency, and reliability. Headquartered in the vibrant city of Ikeja, Lagos, Bellagio Air is committed to providing world-class service across key domestic and regional routes.”
The Group Executive Director, Commercial and Business Development, NAHCO Plc, Saheed Lasisi, who expressed his delight with the new contracts, said NAHCO is already ready to exceed customers’ expectations.
According to Lasisi, NAHCO’s more than 46 years of unblemished excellent service delivery puts it heads and shoulders above any other service provider in the industry.
“This is what we have been doing for almost half of a century. We will continue to delight our customers and make our stakeholders happy by exceeding expectations in all aspects of our service offerings. We are always willing and ready to do more,” Lasisi added.
The Group Managing Director/Chief Executive Officer, NAHCO Plc, Olumuyiwa Olumekun, added that with the new fleet of equipment the company is deploying, service delivery will only be better.
Nigerian Communications Commission (NCC) has unveiled a forward-looking strategy that places satellite-enabled mobile connectivity at the heart of the country’s drive to bridge its long-standing coverage gaps.
The draft Spectrum Roadmap for the Communications Sector for 2025 to 2030 lays out how satellite technologies could help deliver reliable voice and data services to millions of Nigerians who live beyond the reach of conventional mobile networks.
The direction is outlined in the Commission’s draft Spectrum Roadmap for the Communications Sector covering the period.
The proposed approach highlights non-terrestrial networks as a complement to existing mobile infrastructure, especially in areas where terrain, insecurity, or high costs limit the deployment of base stations.
The NCC said D2D satellite technology, which allows standard mobile phones to connect directly to satellites, is gaining traction globally as a means of delivering voice and data services without reliance on ground towers.
According to the regulator, the technology could help close persistent coverage gaps in rural, riverine, and border communities that remain outside the reach of conventional networks.
It also noted that satellite-backed connectivity could improve network reliability by providing alternative links during fibre cuts, power failures, or other disruptions affecting terrestrial systems.
The Commission added that wider adoption of D2D services could support emergency communications, public safety operations, Internet of Things applications, and services such as smart agriculture in underserved regions.
It also pointed to potential investment opportunities through partnerships between mobile network operators and satellite companies, including more efficient use of shared spectrum resources.
Beyond D2D services, the roadmap places emphasis on Low-Earth Orbit satellites to expand broadband access to remote parts of the country.
It also proposes better utilisation of Geostationary Orbit satellites and the exploration of high-altitude platforms, such as stratospheric balloons, to support mobile backhaul and rural connectivity.
The policy signals come shortly after Airtel Africa announced an agreement with SpaceX to introduce Starlink-powered direct-to-cell services in Nigeria.
The NCC’s roadmap is expected to shape future spectrum allocation, licensing decisions, and technology adoption across the telecommunications sector.
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