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We are on a mission to give out $1bn in the next 3 years – Joseph Iruafemi


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Joseph Iruafemi is the Chief Executive Officer of AyubaFinance, a crypto-lending business which is on a mission to redefine the concept of loans with digital currency innovations. The entrepreneur discusses with
KOLA MUHAMMED the hype around cryptocurrencies, its prospects and plans to rejuvenate African economy, among other issues. Excerpts:
With many businesses springing up as a result of the boom in the value of digital currencies, what’s the selling point for your business and why should people trust you with their money?
Our crypto lending service empowers our customers to maximise their profit from their coin. I will provide two examples to make this clear. First, you bought Bitcoin in December at about $30,000. Today, in April, it is around $50,000 and you need cash. You really could liquidate your crypto at today’s current price and take a profit. You take a profit but you have lost your good position for potential higher profit when the coin c ....

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Fate Foundation/Mitsubishi Aspiring Entrepreneurs Programme 2021 for young Nigerian Agripreneurs


FATE Foundation in partnership with 
Mitsubishi Corporation is pleased to announce the call for applications for the virtual Aspiring Entrepreneurs Programme targeted at agripreneurs within the agribusiness value chain space and who are within 
Ogun and 
As part of her corporate philanthropy program, 
Mitsubishi Corporation is providing sponsorship support to cover the N400,000 all-inclusive tuition fees for carefully selected 30 entrepreneurs who will be enrolled in an 8-week enterprise education programme focused on capacity building on essential knowledge, strategies, skills, and tools to build sustainable businesses within the entire agribusiness value chain space.
To qualify, entrepreneurs must be graduates from a tertiary institution with a viable business idea or startups that have already launched, be computer literate and must be aged between 18-35 years old. ....

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Facebook gives $1.8m to 998 businesses in Nigeria, S'Africa – Punch Newspapers


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Temiloluwa O’Peters
Facebook says about 998 companies in Nigeria and South Africa have used $1.8m SheMeansBusines grants to bounce back from the impact of the coronavirus.
Facebook said it also enabled thousands of small businesses to learn the skills on how to leverage digital tools to achieve their business goals through its virtual training.
Facebook Public Policy Director, Africa, Kojo Boakye, in an op-ed, noted that to support small businesses during the COVID-19 pandemic, the company had given virtual training for all its Economic Impact and Digital Literacy Programmes.
Noting that SMBs had borne the brunt of the pandemic, he stated that some 55,210 SMBs in 14 countries trained under the EIP, Boost with Facebook, SheMeansBusiness, Digify Pro and Aspiring Entrepreneurs Programme. ....

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Facebook remains true to its African Mission


Graphic Online
BY: Kojo Boakye
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2020 has been a tough year for all. We’ve seen people and families impacted, economies, and the world change. Through it all though we’ve seen and heard amazing stories of people and communities coming together, taking the challenges and turning them into opportunities.
We’ve witnessed acts of selflessness from healthcare workers who continue to risk their lives to cater for critically ill COVID-19 patients, while we’ve been inspired by champions like Davis Waidhulo from Uganda who mobilized tens of youth to help educate and share accurate health information about the pandemic.
Others like Mike Oyola who lives in the Kawangware, low-cost housing settlements in Nairobi, Kenya have sacrificed their meagre resources to purchase and distribute soap to fellow residents, helping them properly sanitize and keep safe. ....

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