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Pacer Ventures Launches Pacer Labs to Support Digital Acceleration in Africa

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Sub-Saharan Africa venture firm Pacer Ventures is set to further unlock the power of digital transformation in Africa with the launch of Pacer Labs, a software development firm born to support the African digital ecosystem and the growth of forward-looking organisations by harnessing the power of advanced technologies.

Projections indicate that Africa will be the world’s next tech talent center due to the emerging mobile population.

This in turn inspires Pacer Labs’ confidence for the future market in Africa, positioning them at the forefront of the push towards maximising the tech talent of the African economy.

Ray Sharma, chairman, Pacer Labs and Founder, Extreme Venture Partners and XtremeLabs, says “Pacer Labs aims to become Africa’s leading software development firm as measured by sales and employees by 2025, leveraging the success of XtremeLabs and a soon-to-be-announced global partner for the success of Pacer Labs and its customers. Africa has risen. Pacer Labs is set to help deliver efficiency and digital transformation.”

The true acceleration potential of the African continent lies in the rapid spread of mobile digital technology, which will help the region in economic development. Mobile technologies and services generated 9% of GDP in sub-Saharan Africa in 2019, representing $155 billion in economic value-added. This figure will reach $184 billion by 2024.

Gbemi Akande, director, Pacer Labs, speaking on the launch stated: “The creation of Pacer Labs is deeply rooted in the organization’s belief in the African continent. Pacer Ventures and Pacer Labs are positioned in such a way that they will help deepen the development of technology in Africa.”

“Pacer Labs will ensure that the development needs of organizations and governments are met in a timely and cost-effective manner, while soon-to-be-launched Pacer University will be another curated platform by Pacer Ventures to equip startups and executives with the required technology skills,” said Geoffrey Weli-Wosu, General Partner at Pacer Ventures and Co-Founder of VoguePay.

This means that the organization will support in solving some of the most critical problems on the continent while facilitating the development of African enterprises, primarily early-stage startups, mid-market enterprises and large corporates through experience design, product development, engineering and digital transformation.

Chukwuemeka Fred Agbata, regional director of Founder Institute Africa noted, “It is due to the rapid growth of startups in Africa that world-class development companies like Pacer Labs are born, while Founder Institute will ensure that forward-looking startups are given the opportunity to get access to world-class development tools and resources that will aid their continuous growth.”

The end-to-end solutions provided by Pacer Labs will help enterprises design, build and scale solutions that drive customer satisfaction, streamline operations and gain a competitive edge on both existing products or a new application.

The Lab intends to partner with clients to tackle the toughest challenges and bring ideas to life.

 


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Ugo Onwuaso is an ICT enthusiast. He believes technology should be used for general good. He holds a Master of Public Administration (MPA) degree from the Lagos state University. Dear Reader, Your support matters. But we believe that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. That is why, we have devoted our energy to independent reportage of technology and finance and how they affect lives. Our incisive and analytical view of how technology news affects the daily life help individuals and organizations make up their minds. Quality journalism costs money. Today, we're asking that you support us to do more. Kindly support our effort to deliver technology and finance journalism to everyone in the world. Donate as little as N1,000. Bank transfers can be made to: UBA Plc 1017156876 Communication Week Media Ltd

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Starlink to Hike Internet Tariff in Nigeria from January

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Since Friday, December 27, 2024, when Starlink, Elon Musk’s satellite internet service, announced an increase in its monthly subscription prices across Nigeria, effective immediately for new customers and starting January 27, 2025, for existing users, the industry regulator, Nigerian Communications Commission (NCC), is yet to react officially.

In an email to its subscribers on Friday, the company stated that the price adjustments are necessary to enhance its network infrastructure and maintain the delivery of high-quality internet service across the country.

The new pricing structure is as follows: Standard (Residential) ₦75,000, Mobile – Regional (Roam Unlimited) ₦167,000, and Mobile – Global (Global Roam) ₦717,000.

“These changes reflect our commitment to investing in the infrastructure needed to support and improve your experience with Starlink,” the company said.

 


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Falana, Media Trial is Old School; Please Try Something New from 2025 – Leo Stan Ekeh

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Mr. Leo Stan Ekeh, Chairman of Zinox Group, while reacting to phone inquiries from some journalists to confirm if he was aware of a new lawsuit against his companies, staff, wife, and himself as published in Sahara Reporters, dismissed the suit as empty forum shopping.

Ekeh said he was shocked that Femi Falana (SAN), counsel to Benjamin Joseph of Citadel Oracle Concepts Ltd, an Enugu indigene based in Ibadan, has continued in the old school of media trial in the same case he withdrew last year after he “misled” the former Attorney General of the Federation, Mr. Abubakar Malami to issue him a Fiat.

He said: “A few friends mentioned it to me a few days back. I was really shocked that Femi Falana (SAN) still continues in this old school of media trial in the same case he shamefully withdrew last year after he misled the former Attorney General of the Federation, Mr. Malami SAN, to issue him a fiat. A few days after Mr. Malami issued the Fiat, he discovered that Mr. Falana misled him by hiding material facts without disclosing to him that there was already a judgment by Hon. Justice Danlami Senchi of the FCT High Court in Charge  No. FCT/HC/CR/244/2018 against his client on the same case with N20m damage imposed on his client, Mr. Benjamin Joseph of Citadel Oracle Concepts Ltd, for false petitioning and to serve as a deterrence against others who waste taxpayers’ money incurred in investigating spurious petitions.

“Falana also did not inform the Attorney General that he is the lawyer acting for Benjamin Joseph who filed a motion to appeal the N20m damages. Mr. Malami was also upset that Femi Falana didn’t actively disclose the fact that Benjamin Joseph was still facing a criminal case instituted against him by the Inspector General of Police in another court in Charge No.CR/216/16 before Honourable Justice Peter Kekemeke of the FCT High Court Abuja, for false information on the same facts, which his client Benjamin Joseph, was unable to defend for over 8 years.  Instead, Mr Joseph was avoiding the court for flimsy reasons. The same Attorney General – Mr. Malami, had instructed that the criminal case against Benjamin Joseph should not be withdrawn but must be prosecuted to a logical conclusion, as contained in 3 separate letters to the Inspector General of Police after Benjamin Joseph had begged Mr. Malami to stop his trial.”

Ekeh expressed his respect for Falana but stressed that “this case should instruct him to unlearn a few things in his practice. Times have moved from analogue to digital. There are new kids on the block. It is difficult for me to agree that Falana, as an experienced lawyer, parent, husband to another distinguished SAN, could not differentiate between corporate and individual personalities. He listed Zinox, myself, and even retired non-Executive Directors of Technology Distributions Ltd as defendants, persons who have never been included in any investigation and report since this case started in 2013 just to make his media trial appear important.”

He wondered “when serious matters of law became a show business. Every mature Nigerian knows the relationship between Falana and Sahara Reporters. It’s instructive to note that as we speak, the new suit filed by Falana has not been served on me or any of the defendants, to the best of my knowledge. However, Falana had rushed to the media, using Sahara Reporters to splash it as ‘Breaking News’ just to achieve the set objective of his client, Benjamin Joseph.”

The Zinox boss said: “It is clear that they do not have confidence in their case but simply want media publicity to harass and embarrass me, my wife, directors, and staff of my companies. It is regrettable that a Senior Advocate of Nigeria would be playing to the gallery instead of venting his case in court. You can see that Falana is doing everything to protect his client at all costs, a man who lied but later confessed in his Witness Statement on Oath in a civil case he filed at the Lagos State High Court, that he knew about the contract and gave Princess Kama (his partner) all personal and corporate documents needed for the FIRS contract.

“This shows that he has been lying all the while that he was not aware of the contract.  It is also to be noted that the FIRS, in a letter on February 11, 2014, to Chief Afe Babalola Chambers, stated that Benjamin Joseph knew about the contract and that he gave them a letter accepting the contract and appointing Princess Kama, his staff, as the authorised representative of Citadel on the contract and also that Citadel instructed the FIRS to pay the proceeds of the contract into the Access Bank account opened for that purpose. I should suppose that it’s part of the reason the respected Afe Babalola SAN technically withdrew from acting for Benjamin Joseph in 2014. But Femi Falana would rather continue in his intransigence to propagate the spurious claims of his client. As a counsel, it behoves him to properly advise his client not to tow a wrong path, especially when there’s a subsisting judgment that imposed N20 million damages against him for false petitioning.

“I am in tech business and will never dine with any alleged blackmailer as Benjamin Joseph appears to be acting out. I am sure Mr. Falana and the learned AGF of the Federation, Lateef Fagbemi SAN, both experienced lawyers, have not created time to read through this case file. If they did, then it is regrettable that the respected AGF would still grant another Fiat to Falana even after a similar Fiat was withdrawn from Falana by the former AGF over misrepresentation of facts. I doubt that the AGF, after withdrawing the criminal case against Benjamin Joseph in June 2024 to save him from possible imprisonment, would now issue a Fiat on behalf of the same Benjamin Joseph to file charges against the people he lied against. We cannot leave this country for people who dance to the gallery.

“We must fix it. Thank you, but please note that I have nothing against Falana and Co., but  if truly he secured a Fiat this year, which I doubt, we shall meet in court,” he said

 


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Adonu Shatters Records, Wins MTN Nigeria Partners Award 2024

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In an extraordinary display of excellence, Kingsley Ifeanyi Adonu, a leading MTN Nigeria partner from Enugu, has shattered records to claim the top prize at the 2024 MTN Nigeria Partners Award.

Adonu emerged as the number one partner in airtime and data distribution across Nigeria, a monumental achievement that marks the first time a partner from the Southeast has reached such heights in the history of MTN Nigeria.

This victory is not just a personal milestone for Adonu but a transformative moment for the Southeast region.

His success is a beacon of hope and a testament to the power of resilience, innovation, and determination. In a competitive field of partners nationwide, Adonu’s achievement stands as a bold reminder that greatness knows no boundaries.

“This is more than an award; it is a symbol of what is possible when you believe in yourself and commit fully to your vision,” Adonu said during his acceptance speech. “I dedicate this victory to the Southeast region and to everyone striving to achieve the impossible. Let this inspire us all to break barriers and set new records.”

MTN Nigeria lauded Adonu’s exceptional contribution, describing his win as a historic moment that underscores the importance of dedication and strategic leadership.

“Kingsley Ifeanyi Adonu’s success is proof that dreams backed by action can rewrite history. He has set a new standard for excellence and innovation among all MTN partners,” said a senior MTN executive.

This milestone achievement is a source of pride for the Southeast region and an inspiration for future generations. Adonu’s journey demonstrates that with focus and determination, even the loftiest goals can be achieved.

His groundbreaking success is a rallying cry for others to push boundaries, take bold steps, and transform their aspirations into reality.

Kingsley Ifeanyi Adonu’s victory will undoubtedly leave an indelible mark on MTN Nigeria’s history and the telecommunications industry as a whole, igniting a wave of ambition and progress nationwide


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