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Africa Fintech Foundry Unveils ‘The Big Tech Show’
Africa Fintech Foundry (AFF), an initiative that aims to nurture, fund, and accelerate the growth of Tech startups in Africa has launch a television show, ‘The Big Tech Show’.
The television documentary show launched in collaboration with Accelerate TV is aimed at exposing innovators and creating awareness on how African start-ups are using technology to solve problems.
Africa Fintech Foundry (AFF) is a pan-African initiative focused on creating new opportunities in Africa by providing a platform designed to inspire and challenge African innovators and entrepreneurs.
Speaking at the launch of the show in Lagos, Ade Bajomo, executive director of technology and operations, Access Bank, said that The Big Tech Show is basically to showcase the best that Africa have got. “We are building an ecosystem and that ecosystem is at the infancy stage as such we have to expose it.
“Show how innovators are throwing up the innovations, show how they are solving the problems. Now nerds rule the world because they are solving difficult problems. This is part of celebrating Africa and this programme goes around to Ghana, Kenya, South Africa and Nigeria,” he said.
According to him, “the role of AFF is basically to stay out there and look at the entire ecosystem across Nigeria and Africa as a whole and look for innovators across all fields and see how we can partner to develop solutions that can solve real deep problems.
“It can be for financial services, Agrictech, Insurtech or in solving social responsibility issue. It is about bringing that collaboration, that is why AFF is set up to find those Innovators, starts up, creative people fuse their ideas together and bring it back into the ecosystem.
“There are two things that changed the narrative in Nigeria, first one is Nollywood without support from anywhere became third in the world. The second is Afrobeat and the third one is developing and that is what we are doing here.
“The role of AFF is also to build that ecosystem, articulate all the issues in the ecosystem make them accessible, get more people to join the ecosystem and promote the ecosystem to fully develop so that Africa becomes the hub of digital innovation and for us to be solving our own problems in the fourth, fifth and six industrial revolution across the world”.
Uzoma Dozie, chief executive officer, Sparkle, described The Big Tech Show initiative as a very noble initiative. “What AFF is trying to do is to expo and create awareness of how many countries across Africa are trying to leverage on technology to make life better for their own people.
“Secondly, we need African organisations doing expose’ of what Africans are doing, you can’t expect Americans or Europeans to be doing it, let us take control of the narratives. That is exactly what The Big Tech Show is doing here. I think it is wonderful,” he stated.
On Impact of Fintech in Africa, Dozie said that Africa has not started in exploring Fintech. “They will always say that the biggest example of Fintech impact is in Nairobi with M-pesa. Where they used mobile money to effect change on how people transfer and changed their life.
“In Nigeria, we have seen that as well, but we haven’t talked about it enough. We need to do much more, Nigeria is a much bigger country with over 200 million people though with infrastructure challenges. We have education, health and Agriculture. These are areas where technology can play a role.
“From financial perspective Nigeria has done very well in FinTech, we have better mobile financial Apps than you can find in Europe but we need to use it to impact more life to go down on the pyramid. We are doing well, we have great creativity and entrepreneurship, we just need more collaboration between the private sector, regulators and legislatures for us to now build these skills. We need a common denominator. Right now, we are all working in silos.
“This kind of Big Tech Show would create that awareness among people in different stakeholder’s group. When you see what other countries are doing you ask yourself how come we are not doing this in Nigeria but we are actually investing in technology but how come it is not reaching the man on the street. What do we need to do? That might force us to come together to collaborate and find solution.
Iyinoluwa Aboyeji, cofounder, general partner – Future Africa, said that a lot of younger entrepreneurs need an encouragement and mentorship. “This show is going to help to inspire them so that they can see how people who did it before did it perhaps they will have an opportunity to follow in their steps.
“It is interesting that the bankers have decided to tell the stories of these entrepreneurs through collaboration between AFF and Accelerate TV,” he noted.
LG Electronics has launched a new brand campaign, “Radio Optimism,” designed to help strengthen meaningful human connections and spread optimism through shared musical experiences.
This initiative aligns with LG’s brand promise, “Life’s Good,” and addresses the growing challenge of forming genuine relationships in a technology-driven world.
The Radio Optimism campaign seeks to counteract the disconnection often felt in an era dominated by superficial interactions, such as likes and comments on social media. By harnessing the power of music, LG aims to foster deeper bonds among individuals, promoting a more fulfilling life.
“As technology advances, meaningful human connections become increasingly vital to enrich our lives. LG continues its commitment to bringing optimism into customers’ daily lives, staying true to our enduring brand promise of ‘Life’s Good,’” said Kim Hyo-eun, head of LG’s Brand Management Division.
This campaign reinforces LG’s commitment to creating enriching experiences in digital spaces where today’s consumers spend significant time. Building on this mission, LG has continuously engaged with younger audiences through participatory campaigns that bring the Life’s Good philosophy to life.
Last year’s “Optimism your feed” campaign leveraged social algorithms to foster positivity on social media. This new initiative specifically seeks to address the paradoxical disconnection in an era of hyper-connectivity.
“One of the most reliable predictors of happiness is having deep and meaningful relationships,” said Jean M. Twenge, Professor of Psychology at San Diego State University. “Yet today, many people are spending more time online and less time connecting in person. Social media in particular tends to create shallow relationships rather than the deep connections people need.
“It’s common for people to have hundreds of followers but no one to talk to in real life if they need support. We need to build more meaningful connections with those around us. That might turn around the pronounced decline in happiness that’s occurred over the last decade.”
A new global study* from LG on social connection reveals that 68 percent of people find it harder to make real friends, and a third reported having one or fewer meaningful connections in the past month, with 8 percent experiencing none at all.
Inspired by traditional radio’s unique way of connecting people through music and storytelling, the Radio Optimism campaign transforms this concept into an interactive platform where participants can create and send personalized songs to their loved ones.
Users can easily create new songs using AI-powered tools, which are thoroughly trained on a curated music dataset. These tools interpret user prompts to produce unique musical pieces and generate matching album art, providing an engaging and personalized experience. Once generated, these songs can be sent to recipients to deepen their connection and made available for others to discover worldwide.
According to the survey, nearly 9 in 10 respondents believe that meaningful connections lead to a more optimistic outlook on life. By providing a platform for individuals to express their feelings, this campaign aims to foster deeper connections and help individuals enrich their lives while spreading optimism in their own ways.
The campaign website is available in English and Spanish, with plans to support additional languages in the coming months to enable broader participation. The official website can be found at RadioOptimism.lg.com.
Nigeria’s electricity generation rose by 10.92% in the first quarter of 2025, driven by improved operational capacity and better availability of thermal and hydropower plants supplying the national grid.
This is according to the latest report from the Nigerian Electricity Regulatory Commission (NERC) for Q1 2025.
Total energy generated stood at 10,304.47 gigawatt-hours (GWh), up from 9,289.95 GWh recorded in the previous quarter. The increase highlights stronger performance across multiple power plants, supported by improved grid dispatch conditions.
NERC noted that average hourly generation on the grid also grew by 13.39%, rising to 4,770.59 megawatt-hours per hour (MWh/h) from 4,207.41 MWh/h in Q4 2024—an increase of 563.18 MWh/h.
“The hourly generation and the total generation increased by 13.39% and 10.92% respectively in Q1 2025 compared to Q4 2024. This rise is linked to an increase in the cumulative available generation capacity of grid-connected plants,” the report stated.
A total of 19 power plants boosted their output during the quarter, contributing significantly to the overall rise in generation.
Thermal power plants were the main drivers of growth. Out of the 23 thermal plants connected to the grid, 16 recorded higher average hourly output compared to the previous quarter.
Top contributors included Delta_1, which added 157.58 MWh/h, followed by Geregu_2 (71.95 MWh/h), Egbin_1 (68.20 MWh/h), and Afam_2 (68.03 MWh/h).
Hydropower plants also supported the growth, though at a smaller scale. The five grid-connected hydro stations posted a combined increase of 54.93 MWh/h, marking a 4% improvement. Zungeru_1 led with a 23.55% rise, while Shiroro_1 and Kainji_1 grew by 12.21% and 4.80% respectively.
This first-quarter improvement reflects ongoing efforts to stabilize power supply through better plant maintenance, enhanced grid management, and more consistent dispatch across regions.
However, challenges such as fuel supply to plants, equipment reliability, and high operating costs continue to limit the full potential of Nigeria’s power generation capacity.
Digital Bridge Institute (DBI) and Miva Open University, Abuja, have signed a Memorandum of Understanding (MoU) to jointly promote digital technology and academic excellence in computer science and innovation.
Mr. David Daser, president/CEO, DBI, and Professor Tayo Arulogun, vice chancellor, Miva Open University.
DBI, a Federal Government-owned ICT training institute with headquarters in Abuja and campuses across Nigeria’s six geo-political zones, hosted the signing ceremony at its headquarters.
The MoU marks a significant step in formalizing and strengthening the existing relationship between the two institutions.
Signing on behalf of their institutions were
Speaking during the event, Mr. Daser praised Professor Arulogun’s leadership and commitment to academic development, which he said made the partnership possible. He emphasized that unlike many MoUs that remain inactive, this collaboration is set to deliver tangible results.
“We value this partnership and are confident it will meaningfully contribute to Nigeria’s education sector. DBI is fully prepared to implement the agreement and drive an impact across our campuses in Enugu, Abuja, Kano, Lagos, Asaba, and Yola,” Daser said.
He added that the collaboration would strengthen DBI’s National Innovation Diploma (NID) program and other initiatives through shared resources and new opportunities.
Professor Arulogun, in his remarks, highlighted the need for greater collaboration among Nigerian universities, criticizing the prevalent “do-it-alone syndrome.”
“Many institutions prefer to operate in silos, but collaboration is key. Pooling resources and working together will enhance capacity and academic output,” he stated. “With this partnership, we are ready to hit the ground running from student exchange to joint innovation projects like hackathons.”
He noted that hackathons provide platforms for discovering hidden talents and fostering innovation, and Miva is eager to integrate such activities into its academic programs.
Mr. Emeka Nzeih, head of Learning and Development, DBI, outlined the partnership’s key focus areas: student internships, real-world project collaborations, joint research in fields like AI, robotics, and cybersecurity, and shared access to DBI’s ICT labs and equipment for Miva’s students and faculty.
According to Nzeih, the initiative aims to enhance practical learning, foster innovation, and build capacity through collaborative training, research, and mentorship.
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