Digital Economy

Africa’s Digital Race Hits a Roadblock: Energy Shortages and Talent Gaps Challenge Industry Leaders
Industry experts have raised alarms over Africa’s ambition to emerge as a dominant force in the global digital landscape, highlighting significant challenges posed by energy...

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Politics Today
2 days ago2 days ago

Industry experts have raised alarms over Africa’s ambition to emerge as a dominant force in the global digital landscape, highlighting significant challenges posed by energy deficits and a shortage of skilled professionals. This cautionary message was delivered during the Hyperscalers Convergence Africa 2025 event held in Lagos, themed “The Power of Convergence.” Key participants included...

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Unleashing Salem King’s Vision: Driving a Sustainable Future for Africa’s Creator Economy
Back in 2019, the idea of becoming a content creator in Nigeria was almost unheard of. Most people were either tied to a traditional 9-to-5...

Tech
5 days ago5 days ago

Back in 2019, the idea of becoming a content creator in Nigeria was almost unheard of. Most people were either tied to a traditional 9-to-5 job or juggling side hustles. The concept that sharing videos on Instagram could evolve into a full-fledged profession was far from anyone’s mind. Yet, Salem King was driven by an...

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Unlocking Africa’s Potential: How Digital Nomads and Global Mobility Are Transforming Investment Opportunities
In May, I highlighted first-time entrepreneurs who relocated from Lagos, Nigeria, aiming to enhance their global mobility to attract investment. They believed that being closer...

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Tech
1 week ago1 week ago

In May, I highlighted first-time entrepreneurs who relocated from Lagos, Nigeria, aiming to enhance their global mobility to attract investment. They believed that being closer to international investors would increase their chances of securing funding. For venture capitalists, the ability to move and engage across borders is equally vital. In regions like Europe or the...

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Nigeria’s Creator Economy Soars: From $31.2M Today to Potential Billions by 2030!
Currently valued at approximately $31.2 million, Nigeria’s creator economy is poised to evolve into a multibillion-dollar powerhouse by the end of this decade, according to...

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Tech
2 weeks ago2 weeks ago

Currently valued at approximately $31.2 million, Nigeria’s creator economy is poised to evolve into a multibillion-dollar powerhouse by the end of this decade, according to a recent comprehensive study.The Nigeria Creator Economy Report (NCER) 2025, crafted through a partnership involving the Federal Ministry of Art, Culture, Tourism, and the Creative Economy (FMACTCE), the National Council...

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Nigeria’s Digital Economy Powers 14.4% Surge in GDP Growth for Q2 2025
In the second quarter of 2025, Nigeria’s Digital Economy sector contributed an impressive N7.37 trillion to the nation’s Real Gross Domestic Product (GDP), accounting for...

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Tech
3 weeks ago3 weeks ago

In the second quarter of 2025, Nigeria’s Digital Economy sector contributed an impressive N7.37 trillion to the nation’s Real Gross Domestic Product (GDP), accounting for 14.4% of the total N51.20 trillion GDP. This data was disclosed in a recent publication by the National Bureau of Statistics (NBS), which also highlighted a 4.23% growth in the...

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Nigeria’s Data-Driven Life: A Staggering ₦721 Billion Spent Every Month!
Welcome to Follow the Money, our weekly deep dive into the revenue streams, business models, and expansion tactics shaping African fintechs and financial institutions. Tune...

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Tech
1 month ago1 month ago

Welcome to Follow the Money, our weekly deep dive into the revenue streams, business models, and expansion tactics shaping African fintechs and financial institutions. Tune in every Monday for fresh insights. In Nigeria, everyday life-from football matches and religious gatherings to binge-watching Nollywood films-is increasingly powered by internet data. This digital transformation, coupled with a...

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