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Daily Archives: December 12, 2024

JADA, AI startup backed by ex-Jumia CEO, wants to bridge global talent gap

AI talents are in global demand. Yet, Africa has not fully capitalised on its potential to produce such AI professionals. Despite its youthful population, the continent is often relegated to low-level AI tasks like data annotation and labeling. JADA, a data & analytics talent hub focused on staff augmentation founded in 2024 by Massimiliano Spalazzi, former Jumia Nigeria CEO and …

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Palmpay integrates with Jumia to allow customers pay online from their accounts

Palmpay, the Nigeria fintech app, has entered into a strategic partnership with Jumia to allow Palmpay customers pay for products on Jumia directly from their accounts. The partnership comes as Nigerian fintechs continue to build payment methods on the pay-by-bank feature. According to data from the Central Bank of Nigeria, internet transfers accounted for 51.91% of total e-payment transactions in …

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Experts task NASS on legislative framework on agricultural extension agents

Experts in the agricultural sector have called on the National Assembly to expedite action on a bill seeking to establish a legislative framework for farm extension workers in Nigeria. They said passing the bill would help address the country’s food insecurity challenges. The experts made the call on Wednesday in Abuja during the launch of Digitising Agricultural Knowledge by Extension …

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AfDB’s $2.2bn for Nigeria’s SAPZ Phase II seen boosting agriculture

The African Development Bank has confirmed the mobilisation of $2.2 billion for its transformative Special Agro-Industrial Processing Zones (SAPZ) Nigeria Phase II project during the recent Africa Investment Forum, expected to boost agricultural output in the country. According to the AfDB, the project will link Nigeria’s agriculture to agro-industrialisation to drive economic growth. Leading investors include Arise IIP, Arab Bank …

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We Will Become Leading Agricultural Export Nation By 2025 – Nigeria President

President Bola Tinubu has expressed his administration’s ambition to position Nigeria as a global leader in agricultural exports by 2025, a cornerstone of his Renewed Hope Agenda. He disclosed this Tuesday at the Road to South-South National Convergence for the Renewed Hope Agenda at the presidential Villa. Tinubu, represented by the Minister of Regional Development, Abubakar Momoh, also unveiled the …

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