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Convertible Notes 101: An Introduction

Convertible Notes 101: An Introduction [i] Author: Brian Laung Aoaeh   We started discussing term sheets sometime ago. If you missed those discussions you should consider reading the previous posts titled “The Anatomy of A Term Sheet” before you read this one.   Today we ...

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Starting Business in Nigeria: Challenges and Way Out

Top Reasons Why It Is Difficult to Start a Business in Nigeria andthe Way Out Starting up a business in Nigeria can be very tough if the accurate strides and knowledge about the business is picked up before starting or investing ...

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StartCrunch Is The Main Crowdfunding Platform To Raise Money In Nigeria

StartCrunch is getting a lot of traffic and we ask people across Nigeria and Africa that now is the time to start creating projects to take advantage of the traffic. People are looking for projects to fund. Take action, fund ...

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Detailed Breakdown Of 2014 Nigerian Budget With Graphs

This is the 2014 Federal Government budget since  approved by the National Assembly and signed by President Goodluck Jonathan. Out of a total budget of N4.962 trillion, the allocation to the defence sector took about 20 per cent, totalling N968.127 ...

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The Most Lucrative Tech Sector Emerging In Africa For Investors

There are many promising technology sectors in Africa right now. The market is still very young but it has a lot of growth ahead of it. From our travels around the continent, we have noted that some sectors are ripe ...

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cyclone 11

The purpose of the Altera DE1 Development and Education board is to provide the ideal vehicle for advanced design prototyping in the multimedia, storage, and networking. It uses the state-of-the-art technology in both hardware and CAD tools to expose designers to a wide range of topics. The board offers a rich set of features that make it suitable for use in a laboratory environment for university and college courses, for a variety of design projects, […]


For readers in Nigeria, Tekedia Markets has stock of DJI Phantom 2 Vision Drones for immediate sales.   General Features Lightweight, multi-functional integrated aircraft and camera Camera remote-control by DJI VISION APP Range Extender increases Wi-Fi distance to 300m Anti-vibration camera platform with single axis stabilisation Low-voltage protection Virtual Radar aircraft locator on mobile device Range of camera tilt options Multiple, continuous and timed capture options HD Video Recording (1080/p30 or 1080/60i) RAW and JPEG […]


The latest news is that Phillips Consulting, a Nigerian consulting firm, has launched an online platform providing solutions for jobseekers and recruiters in the country. It calls the product SHORTLIST. The platform, according to the firm’s Chairman, Foluso Phillips, directly connects jobseekers and recruiters and is simple and easy to use.   “To be on a global platform where anyone can discover you is a wonderful opportunity for jobseekers. To find the very people you […]


As the unveiling of the Nigeria innovation cluster mapping  report draws close, we provide a snapshot of one of the cities we studied.   Sponsored by the Tony Elumelu Foundation, the Nigeria Innovation Cluster Mapping project is poised to uncover the pockets of industry clusters where companies with similar attributes co-exist in Nigeria. The research will provide government and business community with data and tools for understanding what drives clustering, in every region of Nigeria, […]

ICT cluster

In a project that examined the innovation clusters in Nigeria, we studied different cities across technology segments to understand which city has the best advantage over others for location and localization of technology businesses and startups.  Technology areas covered included health, IT, engineering, scientific, among others.  As would be expected, Lagos has the most dynamic cluster in the ICT sector. It is growing with the best talent pool in the nation. While Lekki shows some latent signs […]


There are many promising technology sectors in Africa right now. The market is still very young but it has a lot of growth ahead of it. From our travels around the continent, we have noted that some sectors are ripe for massive capital investments while some are not yet there. One of the areas we think will be lucrative in coming months and years is cybersecurity.   In 2013, Nigerian banks lost $260 million to […]

wild fusion

It is one of the earlier Google Certified Adwords Partners in Nigeria and has since added operations in Ghana and Kenya. It is a digital marketing firm with services that include online media sales, mobile marketing, Adwords Service, web analytics and social media. These services cover the spectrum of the digital marketing. Wild Fusion is a leader in this emerging business sector in Africa.   Africa is still transitioning to mobile and online. As it […]

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