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Tag: African tech

FG awards N200m in grants to 55 researchers, innovators—Bosun Tijani
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FG awards N200m in grants to 55 researchers, innovators—Bosun Tijani

The Federal Government has awarded N200 million in grants to 55 Nigerian researchers and innovators through two tech programs, the Nigeria Artificial Intelligence Research Scheme and the Fourth Industrial Revolution Technology Application (4IRTA). This was disclosed by the Minister of Communications, Innovation, and Digital Economy, Dr. Bosun Tijani, in a recent post on X (formerly […]

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African tech funding declines to $780m, lowest in four years

African tech startups in the first half of the year ended June 30, 2024, secured $780 million in funding, marking the lowest amount since late 2020. This figures indicate a major decline of 31% compared to H2 2023 and a stark 57% drop compared to H1 2023, highlighting the challenging funding environment, according to Africa: […]