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Four Nigerians, Including a Woman, Make Prestigious Africa Prize Shortlist

Four Nigerians have earned spots on the prestigious Africa prize for Engineering Innovation shortlist. The Prize recognizes the most promising entrepreneurial engineers from across sub-Saharan Africa.
Elizabeth Kperrun – the first Nigerian woman to ever make it onto the Africa Prize shortlist – developed Zenafri. This is a series of mobile apps that teach toddlers and young children basic numeracy and literacy in their own language.
Teseem, the first app, teaches toddlers their first words and numeracy in vernacular languages such as Hausa, Igbo, Yoruba and Swahili. When children get old enough to follow story lines, Afrotalez narrates original stories based on traditional African folklore, with an educational element added in.
Developed while pregnant with her own child, Zenafri had been an idea of Kperrun’s for years. After recruiting a secondary school classmate to develop the app, Kperrun and colleague Eremia married, and three years later, their daughter is an avid tester of their apps.
Today, Zenafri apps have been downloaded more than 100,000 times, with about 1,200 users logging on every day. The team continually improves the apps using feedback from current users, and has also launched a decision-based storytelling app for teenagers.
Professor Dele Sanni developed the 3-D-3-P dryer is a simple system that dries grains and cereals using conduction rather than hot air, conventionally used in industrial dryers.
Sanni’s system, developed over more than six years in conjunction with students of his over the years, is far more affordable than conventional dryers. Based on the same principle as simply heating grain in a pan over fire, a series of three drums are heated to directly dry out the grains travelling through them. Rollers ensure that grains don’t burn, and the gas heating the system is adjustable at each stage.
As an alternative to drying grains in the sun – a method used by the majority of farmers who cannot afford industrial dryers – the 3-D-3-P dryer is faster and safer. Thousands of Nigerians buy spent grains from local breweries to dry out and use as animal feed – but incur losses through sun drying from animals, and due to fermentation from humidity. Two pilot machines have been sold, and are being used to dry out sawdust before the high-energy waste product is turned into briquettes for sale to European countries.
“There’s a common perception that imported technology is better, but the 3-D-3-P dryer is a locally made, appropriate and affordable solution to so many problems faced by hard-working Nigerian farmers,” said Sanni.
Another innovation on the shortlist is WellNewMe. Designed by Dr Obi Igbokwe, the assessment tool uses algorithms to analyse users’ risks of contracting non-communicable diseases such as cancer, diabetes and hypertension.
Using years of experience from medical professions, research, and algorithms, the system takes data provided by individual users to predict the risks each faces from their lifestyles, genetics and environment. Users provide simple data such as family history and habits, but also supplement it with blood pressure, blood sugar and other readings from clinics or pharmacies.
Igbokwe, a medical doctor who taught himself to code, created the system in order to give people more insight into their own health. WellNewMe is aimed at pharmacies, clinics, and employers, but will be available to every day online users as well. The data, anonymised, will be shared with government healthcare advisors who are planning resources across the country, further removing guess-work from the approach the public sector takes to non-communicable diseases.
The KAOSHI mobile app, developed by Chukwunonso Arinze, connects money senders across the globe. The app facilitates a peer to peer money swap, circumventing the need to literally send money across borders.
The app tackles the high cost of transferring money to and between African countries, and the hassle of long queues at financial institutions, or buying forex on the black market.
Instead, it allows users who want to send money in opposite directions to swap between themselves, which is cheaper and more convenient.
KAOSHI connects users both within and outside of Africa, allowing each to specify the currencies they want to exchange and matching them to users making inverse exchanges.
“We want to do for international money transfer what peer to peer systems like mobile money has done for domestic payments. Imagine a mother in Ghana being able to send money to her son in California from her mobile phone – KAOSHI is the first of its kind!” said Arinze.
The Africa Prize, which is celebrating its fifth year, is run by the Royal Academy of Engineering. It provides a unique package of support, including funding, comprehensive business training, bespoke mentoring and access to the Academy’s network of high profile, experienced engineers and business development experts.
As well as the chance of winning up to £25,000, each of the 16 shortlisted engineers will develop skills that last a lifetime, and become part of a growing community of talented African engineers working to accelerate socio-economic development through business. The shortlist come from six countries, with five female engineers among them.
“The shortlist has come to represent the most talented engineers on the continent,” said Rebecca Enonchong, Africa Prize judge and Cameroonian entrepreneur.
“Through the Africa Prize, we’ve seen cutting edge technologies and world-firsts develop into businesses that manufacture locally, and drive research and development on the continent. We can’t wait to meet the new group of engineering pioneers.”
After seven months’ mentoring and training, four finalists will be selected from the shortlist. In June 2019 the finalists will present their businesses to judges in front of a live audience in Kampala, after which one winner will receive £25,000, and three runners up will be awarded £10,000 each.
News
CAC Flags Three Companies, Warns Nigerians

Corporate Affairs Commission (CAC) has warned Nigerians against transacting with three fake Nigerian firms, citing fraudulent incorporation documents and registration numbers not issued by the commission.
According to the CAC, these companies are using fake certificates of incorporation with two different RC numbers each, none of which exist in the commission’s official records.
The affected companies are SPEF Cooperative Society Ltd with RC Numbers 1265884 and 512862, UPIL Staff Cooperative Society Ltd with RC Numbers 1265837 and 553220, and PREM Staff Cooperative Society Ltd with RC Numbers 1265844 and 545901.
The CAC warns that any Nigerian conducting business with these entities does so at their own risk.
“Anyone that transacts any business with the above-mentioned companies does so at their own risk,” the commission warned.
The commission further advised potential partners and investors to verify registration details directly through its official portal before signing contracts or making payments.
Similarly, the CAC, in a bid to enhance its services, introduced an AI-powered business registration platform on July 3, designed to streamline incorporations.
This new system offers instant name reservations, automated business-name suggestions, and same-day registration using a National Identification Number (NIN).
Additionally, the commission plans to review its service fees starting August 1, aiming to make its services more efficient and cost-effective.
News
AfDB to Introduce Systems Reforms to Prioritize Investing in Africa’s Youth

The African Development Bank, in partnership with the International Labour Organization, has launched a transformative system to mainstream youth employment, skills development, and entrepreneurship across its investments.
The approach, called the Youth, Jobs and Skills Marker System, is aligned with the Bank’s latest Ten-Year Strategy, which places Africa’s young people at the center of development efforts to maximize the impact of every dollar invested, turning demographics into a dividend.
The Marker System ensures that Bank projects spanning diverse sectors, such as agriculture, transport, energy, water, and education, systematically incorporate components that enhance youth employability, foster entrepreneurship, and build market-relevant skills.
“The Youth, Jobs and Skills Marker System is about ensuring Africa’s young people have a real say and active role in building sustainable economies and creating jobs – not as passive recipients of youth programs,” said Dr. Beth Dunford, the Bank’s Vice President for Agriculture, Human and Social Development. “This transformation of Bank practices and systems is a step toward making sure our investments have a positive impact on Africa’s young women and men.”
The integrated system has three focus areas:
Youth: Supporting youth-led micro, small, and medium-sized enterprises through targeted investments and operational integration.
Skills: Expanding access to practical, market-driven training and apprenticeships to enhance career prospects.
Jobs: Ensuring Bank-funded projects create sustainable job opportunities, particularly by developing youth skills for employability and the promotion of youth-led businesses in priority value chains.
Each year, around 10 to 12 million young Africans enter the labor market, which offers only three million formal jobs annually. The Bank will prioritize youth entrepreneurship and mobilize private sector partnerships to strengthen industry-oriented skills training as well as job creation over the coming decade.
“[This initiative] is very important because it allows us to significantly contribute to the United Nations Sustainable Development Goal #8 that includes decent work for all,” said Peter van Rooij, Director of Multilateral Partnerships and Development Cooperation at the International Labour Organization. “It also allows the International Labour Organization to influence the Bank’s work, to support their lending that is more geared toward more job creation and better jobs in a sustainable way.”
The Youth, Jobs and Skills Marker System is modeled on the success of the Bank’s Gender Marker System and its online dashboard, which categorize Bank projects based on their contribution to gender equality and women’s empowerment.
Similarly, the new system will feature an online platform enabling Bank staff and consultants to access real-time data for preparing country strategy papers, mid-term reviews, annual reports, project supervision, and reporting on youth-related skills, businesses and jobs outcomes.
The Bank has just launched a pilot version of the Youth, Jobs and Skills Marker System in readiness for the full implementation in 2026. This system will enhance data tracking, improve estimates of youth skills attainment and employment, strengthen labor market information systems, and support policymakers in making evidence-based decisions that drive meaningful change.
The International Labour Organization provided technical support for the system’s development with financial support from the Bank’s Youth Entrepreneurship and Innovation Multi-Donor Trust Fund. The Youth, Jobs and Skills Marker System is the first deliberate action of its kind developed by a development finance institution worldwide.
News
SEC Probes Ponzi Scheme Linked to FF Tiffany

The Securities and Exchange Commission has revealed plans to commence investigation into the activities of an entity operating under FF Tiffany, allegedly running a fraudulent investment scheme that has defrauded citizens.
A statement by the SEC on Tuesday in Abuja said preliminary information revealed that the scheme, which promised investors unusually high and unrealistic returns, had resulted in the loss of several billions of naira.
The SEC said it viewed the activity as a threat to investor confidence and the overall integrity of the financial system.
The commission assured the public that it was working closely with law enforcement agencies and other relevant bodies to bring everyone involved in the unlawful operation to justice.
According to SEC, those found culpable will be prosecuted in accordance with the Investment and Securities Act and regulatory provisions.
SEC reiterated its earlier warnings to the general public to desist from engaging in Ponzi or unregistered investment schemes that promised guaranteed or exaggerated returns.
“These schemes are not registered with the SEC and do not offer investor protection under the law.
“The commission is currently investigating 79 schemes and will make a statement on its findings at the conclusion of the investigation,” the SEC said.
The commission encouraged investors to conduct due diligence and verify the registration status of any investment firm or product by visiting the SEC website or contacting the commission directly through official channels.
SEC said it remained committed to its mandate of protecting investors, ensuring fair practices, and maintaining confidence in Nigeria’s capital market.
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