Business Briefings
AI Ventures Accelerator Offers $10,000 Equity-Free Funding for Women-Led African Startups
African startups led by young women have been invited to apply for the AI Ventures Accelerator, a programme offering equity-free funding and technical support to early-stage innovators. The initiative is organised by Technovation in partnership with Generation Unlimited and targets founders between the ages of 19 and 24 developing technology-driven solutions.
The accelerator runs for twelve weeks and combines training in artificial intelligence, entrepreneurship and product development with mentorship from industry professionals. Participants are expected to learn how to build machine learning models, curate datasets, design digital products and develop scalable business strategies.
At the end of the programme, the top ten teams will share a funding pool of $100,000, with each selected team receiving seed capital intended to support product development, customer acquisition and hiring. Organisers said the programme is designed to strengthen innovation capacity among young women in developing economies while addressing real community challenges through technology.
Applicants are expected to demonstrate a clear problem statement, evidence of market relevance and commitment to participating fully in the programme. Teams of two to four are preferred, though individual applicants may also be considered.
The initiative reflects a broader push to strengthen Africa’s AI ecosystem, following similar programmes such as the Google for Startups Accelerator Africa, which continues to support growth-stage startups across the continent.
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NAICOM, BPP Partner to Standardise Bond Issuance
The National Insurance Commission and the Bureau of Public Procurement have entered into a Memorandum of Understanding to harmonise guidelines for issuing insurance bonds within Nigeria’s public procurement framework. The agreement was formalised in Abuja by the heads of both agencies as part of efforts to enhance oversight and ensure consistency in the issuance of…
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Maiden Edition of PRCAN Knowledge Hub Holds in 3 Weeks, Featuring Local and International AI Experts
The Executive Council of the Public Relations Consultants Association of Nigeria (PRCAN), under the leadership of Dr. Nkechi Ali Balogun, has announced the maiden edition of the PRCAN Knowledge Hub (formerly PRCAN Masterclass Series), scheduled for Tuesday, March 24, 2026. The hybrid event will hold at the Lagos Marriott Hotel, Ikeja, and will feature renowned…
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FG Unveils Reform Plan for $3.2bn Livestock Exports
The Federal Government has unveiled plans to restructure Nigeria’s livestock export system, a market valued at about $3.2 billion, as part of efforts to modernise the industry and strengthen its export potential. The Head of Press and Public Relations at the Federal Ministry of Livestock Development, Oghenekevwe Uchechukwu, disclosed this while responding to inquiries regarding…