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So, Our Tech StartUps Missed Out at Viva Tech 2016

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Chukwuemeka Fred Agbata Jnr
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Recording over 45,000 visitors in three days, 300 seminars with the world’s biggest names in tech, and over 10 million euros distributed to startups, Viva Technology Paris 2016, apparently, exceeded expectations.

Unfortunately, not a single tech startup from Nigeria attended this first edition of the event, held between June 30 and July 2, 2016, dedicated to the growth of startups and the collaboration between large companies and startups has been a success, across the globe.

Not that we don’t have smart people with rugged and tested applications, but one wonders what could have been the limiting bar before our ‘great’ startups that prevented them from being among the 5,000 peera who were in Paris as exhibitors, contributing to the challenges set forth by Viva Technology Paris Lab partners, where over 50 awards given out, or simply as visitors to the event.

With assurance for return ticket, event ticket and simplified visa processing, West Africa’s biggest marketing communications group, Troyka Group and its digital division, HotSauce, offered Startups with ‘disruptive’ ideas in Nigeria, and other West African countries, the opportunity to participate at the event. Therefore, the ‘failure’ can’t be blamed on logistics.

The Group confirmed they reached out and collaborated with innovations hubs in the likes of iDEA, Co-creation Hub as well as Lagos Angel Network, and others, in search of tech startups with competitive prowess. At the end, Viva couldn’t select even one.

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In some quarters, there are questions about timing, but reports have it that information dissemination, with regards to Viva tech, was faster in Nigeria than in some other African countries, like South Africa and Kenya. You know what? Close to 20 startups from South Africa applied to pitch at Viva Tech but only five startups from Nigeria yet none scaled through.

What or who is to blame for the inability of our champions to knock horns with other global champions, or even learn from the stories of the biggest names in tech and business who participated in panels and fireside chats, such as Tim Armstrong (AOL), Rania Belkahia (Africa Market), Jim Breyer (Breyer Capital), Jay Carney (Amazon), John Chambers (Cisco), Jim Gianopulos (20th Century Fox), Demis Hassabis (Google DeepMind), Rosabeth Moss Kanter (Harvard Business School), David Kenny (IBM Watson), Isabelle Kocher (Engie), Robin Li (Baidu), SY Lau (Tencent), David Marcus (Facebook), Stephane Richard (Orange), Eric Schmidt (Alphabet), Joe Schoendorf (Accel), Jimmy Wales (Wikimedia Foundation), and Reem Younis (Alpha Omega Ltd).

It is rather unfortunate! I have met tech starts in Nigeria developing ‘crazy’ applications, ‘disrupting’ industries. Today, there is likely no smartphone imported into this market, without one app or the other developed by/in Nigeria on it. We have emerged champions at DemoAfrica, ImagineCup, Cyberlympics, to name a few competitions. Our startups are toasts of a ‘few’, pious and dedicated venture capitalists and early seed investors but something is seriously missing.

In my opinion, these startups missed out due to two major factors: policy inconsistencies and lack of marketing skills/mentorship. For the sake of this piece, I will dwell on the second point- lack of marketing skills/mentorship. Marketing and mentorship are different subject areas, however, I have chosen to pair them, because with skills, every startup ought to be familiar with marketing and mentorship cultures. They are sine qua nons!

It’s a no brainer that if an entrepreneur is found wanting with regards the ability to sell and promote, no matter what other skills he or she might have, the business will sooner or later hit a rock. We need startups that must never be fearful or shy or apologetic about selling.

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This warning is timely, because Viva Tech and several other opportunities will arise for our startups to prove themselves. The truth is that we are late in the block, unlike Kenya that is about ten years ahead, but have we learnt from the mistakes of the past, to push harder and farther?

It is also instructive to bring this case to the attention of the Information Technology Developers Entrepreneurship Accelerator (iDEA- Hub) located in Lagos to support digital entrepreneurs in developing the most appropriate Business Models for their ideas. That is the mandate of iDEA centres in simplified form.

iDEA is singled out here because it has the ears of the government closer than other private Incubators in the country and the below excerpt explain part of the strategy behind the establishment of iDEA: “Beyond the provision of space, entrepreneurship training, capital, a significant value proposition of iDEA Nigeria is the ability to expose and connect start-ups to a pool of key mentors and advisors that provide expertise in growing a business.

Through the mentoring relationship, mentors have the opportunity to coach, guide and share experiences, knowledge and skills, which will contribute to the Mentee’s growth.

From the mentors’ perspective mentoring gives them the chance to give back and directly influence the prosperity of the next generation of business and organization”.

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I want to believe, our tech startups were ‘shunned’ by Viva tech, not for lack of disruptive solutions, but the conviction that these new generation of Nigerian digital entrepreneurs can pitch to high powered venture capitalists.

Our goal should be to get our startups to acquaint themselves with HR, Team Building & Strategy; PR and Marketing; Product Development; Business Modeling/ Strategy; Leadership and Teamwork Advice; Legal; Law; Financial Sector knowledge, fund raising; Start-up Funding Programs and Opportunities; Entrepreneurship, economics, venture capital, among others, as preparation for Viva Tech 2017 has already started. Are we going to be there?

 

 

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Microsoft to Unveil Next-generation AI Chip in September

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Microsoft is planning to unveil its new Maia 300 AI chip this fall, potentially as soon ​as next month, The Information reported on Monday, citing ‌people with direct knowledge of the plans.

The company introduced its Maia AI chip in November 2023 but has lagged rivals such as Alphabet and ​Amazon in scaling up its in-house chip efforts as ​it seeks to reduce its reliance on Nvidia’s costly ⁠processors.

Google began recognizing revenue from direct sales of its custom ​AI chips, called Tensor Processing Units, in the quarter ended June, ​while Amazon has also seen growing adoption of its processors, including its Trainium chips.

Microsoft has been in talks with chipmaker TSMC to secure manufacturing ​capacity for more than 300,000 units of the chip for ​delivery in 2027, according to the report. It is also looking to significantly ramp up ‌production ⁠and persuade major cloud customers such as Anthropic to adopt the chip.

Microsoft ultimately ​aims to ⁠secure capacity for more than 1 million Maia 300 chips, though component supplies and ongoing capacity ​negotiations with TSMC could constrain its plans, according ​to the ⁠report.

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It unveiled its second-generation Maia 200 in January, built by TSMC using 3-nanometer technology.

Microsoft packed the chip with a significant amount of ⁠SRAM, ​a type of memory that can provide ​speed advantages for AI systems handling large numbers of user requests.

 

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X Replaces Revenue Sharing wit New Creator Rewards Programme

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X has announced plans to discontinue its Revenue Sharing programme and introduce a new Original Content Rewards programme to reward creators for producing original content on the platform.

X Replaces Revenue Sharing wit New Creator Rewards Programme

The social media company announced the changes at the weekend in a post on its X Creators handle, saying the new programme would reward creators who contribute original content.

“Today, we’re introducing the Original Content Rewards Program, a new way to reward creators who bring original ideas, expertise, reporting, creativity, and commentary to X,” the company said.

X said it would stop accepting new enrolments into the Revenue Sharing programme from Friday, while existing participants would continue earning until September 7, 2026.

“Starting today, we’re no longer accepting new enrollments into Revenue Sharing,” it said.

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According to the company, existing Revenue Sharing participants will receive three final payouts, with two scheduled for August 14 and August 28, while the final payment for earnings accrued through September 7 is expected around September 11.

X said existing Revenue Sharing participants would begin getting access to apply for the new programme from September 8, subject to meeting its eligibility requirements.

The first payout under the Original Content Rewards programme will be made on August 28, 2026, while existing Revenue Sharing creators who enrol in the new programme from September 8 will receive their first payment on September 25.

Under the new programme, eligible creators will earn from qualified impressions generated by their original content, with payments made every two weeks.

X defined qualified impressions as unique impressions from Premium users on the Home Timeline feed, where at least 50 per cent of a post is visible.

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On the other hand, “The following are excluded from qualified impressions: impressions from the same account counted more than once per post; paid, promoted, or artificially generated impressions; and fraudulent impressions,” it said.

To qualify, creators must be at least 18 years old, live in a country where the programme is available, maintain an account in good standing and have either a personal or vusiness account.

They must also subscribe to X Premium, Premium+ or Premium Business, have at least 500 verified followers and record at least 500,000 Home Timeline impressions from verified users within the previous 90 days.

X said creators must also regularly post original content to remain eligible.

“We want to recognize creators who break news, share expertise, tell stories, create entertainment, and contribute meaningful perspectives to the conversation,” the company said.

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The platform said original content could include threads, videos, memes, graphics, illustrations, reporting, analysis, commentary and reactions that add meaningful value to existing conversations.

It said creators who use content produced by others would need to add meaningful commentary, context, analysis, humour or creative transformation for such posts to qualify.

“Building on existing conversations is a core part of X, but simply reposting someone else’s content is not enough,” it said.

X said minor edits such as cropping, filters, borders, watermarks, speed adjustments or simple text overlays would generally not qualify as meaningful transformation on their own.

It also warned that content copied or substantially reproduced from another creator, content downloaded and re-uploaded from X or another platform without being the original author’s, automated content, disinformation and misleading content would be ineligible.

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The company said accounts that violate the programme’s requirements could be temporarily or permanently removed from it, depending on the severity of the violation.

It added that creators would be responsible for ensuring they had the necessary rights, permissions or licences to use content created by others.

“Original content is content you personally create that reflects your own voice, perspective, expertise, or creativity,” X said.

The company said the new programme was intended to reward creators who make the platform more valuable by bringing original ideas and perspectives to its conversations.

“The Original Content Rewards Program is designed to reward the creators who start them, shape them, and move them forward,” it said.

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NITDA Introduces Cloud Certification Boost Data Localisation Compliance

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National Information Technology Development Agency (NITDA) has introduced so-called Nigeria’s Certified Cloud Register, regulatory framework developed under the agency’s National Sovereign Cloud Initiative to determine which cloud providers are authorized to handle sensitive data, such as banking records.

NITDA Introduces Cloud Certification Boost Data Localisation Compliance

In effect, from October, NITDA requires banks, fintech companies and other regulated organisations to source cloud infrastructure providers from a national register of certified firms approved to host sensitive financial and government data.

The Certified Cloud Register, is expected to strengthen data sovereignty, improve regulatory oversight and support the implementation of the Central Bank of Nigeria’s (CBN) data localisation policy, which takes effect on January 1, 2027.

Under the framework, banks, fintechs, government institutions and other regulated entities will be able to verify whether cloud service providers, data centre operators, managed service providers and Artificial Intelligence (AI) infrastructure companies have met NITDA’s certification requirements before entrusting them with critical digital workloads.

The initiative is expected to provide regulated institutions with a standardised process for selecting cloud infrastructure providers that satisfy Nigeria’s technical, security and regulatory requirements.

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According to NITDA, the framework establishes “a common national standard, an independent assessment process and a public register of approved providers that banks, fintechs and government institutions can rely on when selecting cloud infrastructure partners.”

The register is expected to become a key compliance tool ahead of the CBN’s directive, which requires all payment transaction data generated within Nigeria to be stored and processed locally, effective from January 1, 2027.

The policy applies to deposit money banks, microfinance banks, mobile money operators, payment service providers, switching companies and other financial institutions.

The certification regime is also expected to reshape Nigeria’s cloud computing ecosystem, making regulatory approval a major requirement for cloud providers seeking to handle sensitive data for regulated industries.

Figures cited by NITDA showed that Nigeria’s 10 largest banks spent about N177.91 billion on information technology in the first quarter of 2026, representing a 31 per cent increase over the corresponding period last year.

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A sizeable portion of the investment currently supports cloud infrastructure hosted outside Nigeria, a trend the new certification framework is expected to address by encouraging greater utilisation of compliant local infrastructure.

NITDA said the certification programme will apply the same technical and regulatory standards to indigenous cloud providers and international hyperscale operators, creating a level playing field for all companies seeking to provide cloud services to regulated sectors.

The agency also disclosed that more than 85 per cent of Nigerian businesses currently rely on cloud services, with the majority using infrastructure hosted outside the country.

It said the new framework is aimed at improving confidence in Nigeria’s digital infrastructure while promoting local capacity and enhancing oversight of critical national data.

Speaking on the objective of the initiative, Kashifu Inuwa Abdullahi, director-general of NITDA, said the programme is designed to strengthen Nigeria’s position in the global digital economy rather than exclude foreign technology companies.

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According to him, the initiative is intended “to redefine the terms under which Nigeria participates in the global digital economy rather than isolate the country from international technology providers.”

The Certified Cloud Register forms part of broader efforts by the Federal Government to deepen digital trust, strengthen cybersecurity and ensure that critical financial and public sector data are managed in line with Nigeria’s evolving data governance and sovereignty objectives.

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