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Published 4 June 2021
The Minister of Communications and Digital Economy, Isa Pantami, has said that the Information Technology sector has saved the country over N22.4bn through measures created to curtail corruption.
He said this on Thursday while addressing journalists at the All Progressives Congress Professional forum at the party’s headquarters in Abuja.
This was disclosed in a press statement titled ‘Pantami gives account of stewardship as Digital Economy Minister’ by the spokesperson for the Ministry, Uwa Suleiman.
During the forum, Pantami talked about the strategies the IT sector had deployed in line with the three point agenda of security, anti-corruption and economic development of the President, Major General Muhammad Buhari (rtd.).
IT projects saved Nigeria over N22 4bn, says Pantami
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Financing for students startup StudentFinance raises $5 3M seed from Giant and Armilar
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StudentFinance.com, a Madrid, Spain-based fintech company building the technology and data infrastructure to enable education providers globally to offer Income Share Agreements (ISAs), secured $5.3m (€4.5m) in seed funding.
The round was co-led by Giant Ventures and Armilar Venture Partners with participation from existing investors Mustard Seed Maze and Seedcamp, Sabadell Venture Capital, Victoria van Lennep (founder of Lendable); Martin Villig (founder of Bolt); Ed Vaizey (the UK’s longest-serving Culture & Digital Economy Minister); Firestartr (UK-based early-stage VC); Serge Chiaramonte (UK fintech investor); and more.
The company intends to use the funds to expand its operation into the UK later this year and to triple the size of its team, hiring specialists in product, data, engineering and design, as well as operations, HR, finance and legal.