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VC4Africa’s DEMO Africa 2014 Begins Tomorrow

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The all important DEMO Africa 2014 begins tomorrow in Lagos and VC4A Investor Summit at DEMO Africa in Lagos is expected to create opportunities for 14 Nigerian start-ups among 40 from Africa, to meet investors, among other interesting stories from the event.

Dr. (Mrs) Omobola Johnson will lead other guests at the opening of the event.

VC4Africa presents the Investor Summit the “Future of Angel Investing in Africa” the first time angel investors come together from across the continent to connect as a Pan-African network.

Speakers and panelists include Jason Njoku (iROKO, Spark), Tomi Davies (Lagos Angels Network), Baybars Altuntas (European Business Angel Network), Leonard Stiegeler (Ringier), Dipo Adebo (Angel investor), Dehab Ghebreab (US State Department), Collins Onuegbu (Lagos Angels Network), Sylvia Brune (88MPH), Viktor Okigbo (IDEA Nigeria), Dr. Inderpal Mumick (Kirusa), Tope Ajao (Leadpath), Ben White (VC4Africa) and others.

Over thirty investors have confirmed their attendance.

These investors, both local and international, include angel investors, impact investors, venture capital funds, and corporate venture capital actors; all focused on early stage SME investing in Africa.

The Wednesday afternoon Investor Summit will conclude with an exclusive (investor-only) cocktail on the evening of September 24.

After this, on Thursday and Friday, September 25 & 26, Africa’s Top 40 innovative entrepreneurs will launch their new products on stage at the DEMO Africa event. All this takes place at the Oriental Hotel in Lagos, Nigeria.

Entrepreneur and investor community VC4Africa initiates the Investor Summit at DEMO Africa following the Investor Roundtable VC4Africa organized & co-chaired at the 5th EU-Africa Business Forum earlier this year.

Ben White, VC4Africa’s CEO and Founder, said, “Going into the third year of DEMO Africa, we are excited to introduce a new exclusive investor-only event as part of the DEMO Africa 2014 event. This is the next step in making sure the leading innovators from across the continent are going to get the backing they need to achieve scale. At the same time, we see angel networks emerging across the continent. Now is the time to bring them together in a shared conversation about how best to move forward.”

The program of the Investor Summit focuses on knowledge exchange between the continent’s various angel investors and angel investor networks and focuses on the road-map of the future of angel investing in Africa.

The event is then followed by 40 demo presentations by the continent’s top up and coming entrepreneurs at DEMO Africa.

After a word of welcome by DEMO Africa’s executive producer Harry Hare (DEMO Africa), David van Dijk (VC4Africa) will set the scene for the Investor Summit afternoon, followed by Jason Njoku (iROKO, SPARK) who will deliver the key note “Lessons learned from investing in Africa”.

A case study of a recent angel investment deal will be presented by entrepreneur Tunji Owolabi (CEO of Hutbay) together with his lead investor Dipo Adebo (Nigerian angel investor).

This is an exciting opportunity to hear about the process of closing a deal both from the viewpoint of the involved investor and entrepreneur!

Two Sage Panels will focus on “The Current State of Angel Investing in Africa” and “Moving Forward – The Roadmap for the Future”. The panelists of the first panel are Collins Onuegbu (Lagos Angels Network), Sylvia Brune (88MPH), Dr. Inderpal Mumick (CEO Kirusa), Tope Ajao (Leadpath).

The panelists of the second panel are Viktor Okigbo (IDEA Nigeria), H. Tomi Davies (Lagos Angels Network), Baybars Altuntas (EBAN), Leonard Stiegeler (Ringier). Both panels are moderated by Ben White (VC4Africa).

Also part of the program is a presentation by Baybars Altuntas of the European Business Angel Network.

He will share best practices from European angels and present an exciting initiative to launch a Pan-African Business Angel Network, following the successful launch of similar regional networks in the Middle East and Eastern Europe.

After final conclusions the participants are invited to a closed (investor only) cocktail to talk more.

 

 


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SystemSpecs’s Subsidiary Deelaa Becomes Whatadeal

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SystemSpecs Holdings Ltd unveiled at the weekend the rebranding of its subsidiary Deelaa to Whatadeal, launching an ambitious digital commerce platform poised to transform travel, events, and e-commerce across Africa.

SystemSpecs’s Subsidiary Deelaa Becomes Whatadeal

John Obaro, group managing director, SystemSpecs, and Fela Bank-Olemoh, managing director of Whatadeal

The announcement comes amid a surging demand for integrated digital services in Nigeria and beyond, as the continent’s e-commerce and travel sector stand on the cusp of exponential growth.

The launch event, held in Lagos, demonstrated  SystemSpecs’ vision for a seamless, value-centric consumer experience.

This strategic rebrand follows the company’s acquisition of Knit Technologies, amalgamating cutting-edge innovation and industry expertise into Whatadeal—one of four subsidiaries under the SystemSpecs umbrella.

John Obaro, group managing director, SystemSpecs, emphasized that the transformation reflects an unwavering commitment to technological advancement and customer empowerment.

“Whatadeal transcends a mere rebranding—it embodies a dynamic ecosystem designed to deliver unparalleled value and memorable experiences,” Obaro told reporters.

He elaborated, “Our ambition is to ensure that whether you’re organizing an event, procuring tickets, or seeking the finest deals, Whatadeal is your definitive destination. We are also in advanced discussions with leading travel industry players to curate exceptional travel experiences across Nigeria.”

Originally introduced in 2022 as an e-ticketing and marketplace platform, Deelaa catered to both businesses and consumers.

Its evolution into Whatadeal responds to shifting market dynamics, offering an integrated solution for booking flights, securing event tickets, and shopping online.

The platform will be powered by Remita, SystemSpecs’ acclaimed electronic payment and collection system, which underpinned Nigeria’s Treasury Single Account initiative—one of the most extensive implementations of its kind in Africa.

Steering this venture is Fela Bank-Olemoh, managing director of Whatadeal and a SystemSpecs stalwart since 1998.

With over two decades of expertise spanning technology, marketing, and public service, Bank-Olemoh brings a formidable pedigree to the role.

He founded MediaVision Limited, a preeminent sports marketing firm in Nigeria, before serving as Special Adviser on Education to the Lagos State Governor from 2015 to 2019 and later as Senior Special Assistant on Education Interventions to Nigeria’s President from 2019 to 2023.

Bank-Olemoh articulated the platform’s ethos: “At Whatadeal, we hold that exceptional experiences and valuable offers should be effortless, not convoluted. Our mission extends beyond merely facilitating deals—we are cultivating an ecosystem that nurtures engagement, trust, and enduring value for our customers.”

He added, “Whether you’re arranging travel, acquiring event tickets, or purchasing essentials, you deserve an intuitive, rewarding experience that consistently delivers excellence. Whatadeal is dedicated to realizing that vision.”

SystemSpecs aims to establish Whatadeal as the preeminent one-stop platform for African consumers, blending convenience with competitive offerings.

With its fusion of Knit Technologies’ innovations and Remita’s robust infrastructure, Whatadeal is poised to redefine digital commerce on the continent.


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Cybersecurity Firm Says It’s Time to Back it Up, As the World Marks World Backup Day

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How much do you trust your device memory? Definitely more than you should. According to the statistics only 33% of users back up their data regularly, and more than 77% of people have already experienced data loss.

An annual tradition which started as a simple reddit post back in 2011, World Backup Day is celebrated on 31st March 2025 to provide a reminder of the importance of backing up data. To mark the occasion, Kaspersky shares practical advice on how to create new beneficial digital habits to ensure your backups are safe.

The first question that should be taken into consideration is: what exactly needs to be backed up? The answer seems to be lying on the surface.

The more you back up – the better. Work-related documents, family photos, financial info, health records, logins and passwords, and even content shared within messengers. In fact, all of this needs to be backed up using reliable storage methods.

There are several reasons why it is recommended to copy as much data as you can.

First of all, the device on which the information is stored may simply be lost, stolen or damaged. For example, UK’s South Western Railway reports that at least 5 smartphones are lost per day on its network, which is almost 1800 devices per year.

Among other potential threats to data safety are ransomware attacks. This is a type of malware that blocks a computer and then demand a ransom for its release. In some cases, even paying the ransom does not help to restore data on an infected device.

Despite these substantial risks, in everyday life it’s almost impossible (and to some extent pointless) to back up everything. Our devices contain gigabytes of information, most of which has no value. Creating backup storages of such a scale is time-consuming and expensive.

The main advice is to rank data correctly. Try to assort the items needing to be backed up by evaluating their relevance, recency and recovery options.

If a file, record or password is outdated or may be replaced by a newer version, backup may be safely ignored. If it is a new or highly valuable piece of information, backing up is necessary and preferably there should be more than one copy.

The art of backup

The next step towards data loss prevention is finding the suitable backup method to select. Obviously, it depends on multiple factors: type of data, type of device, pricing, user’s personal preferences and habits.

The most popular backup options are generally cloud or external storage services.  Both of these methods have their pros and cons. For example, cloud services give you instant access to information wherever you are, but they require regular subscription payments.

At the same time, external hard drives are reliable storages which only require one payment, but access to information on these devices is only possible when they are at hand.

Therefore, cloud storage is regarded as the perfect option for storing files and photos which should always be available in a few clicks, while external storage services are suitable for data archives and huge files, such as movies or videos which you rarely use. Overall statistics show that nowadays most people choose cloud technology as their main storage option.

Specific data such as passwords, ID or financial details require even more secure storage methods.

Among the potential solutions password manager is an option that protects sensitive personal information, prevents its loss and provides immediate access to it at any time. Automatic filling of authentication and banking data means users do not have to memorise important information and reliably protects data from being compromised.

While choosing backup and storage options it’s highly recommended to consider all the aspects. To get backing up into a real habit, the method should not only be reliable and effective, but also suitable and convenient for you personally.

Enhanced protection

As it has been already mentioned, single manual backup might not be enough to protect data from being lost. World Backup Day is the right time to remember that data might be vulnerable and take some proactive steps to secure it. Kaspersky has created some tips on how to do it effectively:

  • Follow the rule 3-2-1. One of the most popular backup strategies is to have at least 3 copies of important data, store it on 2 different storage types, and make at least 1 copy off-side (cloud or external physical location).
  • Set up automatic backups. Most devices and services have a preinstalled backup function, which automatically creates a backup if you forget to make a copy in time.
  • Use a reliable security solution. Comprehensive digital protection with a specific anti-ransomware protection mechanism, such as in Kaspersky Premium, prevents device infection and protects your data from both local and remote-access ransomware attacks.
  • Make regular checks. It’s necessary to test your backups workability on a regular basis to notice the malfunction in time and fix it.

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FG Launches Online Visa Approval Centre

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Dr. Olubunmi Tunji-Ojo, minister of Interior, has announced the launch of an Online Visa Approval Center to eliminate bureaucratic bottlenecks and reduce corruption in the visa application process.

FG Launches Online Visa Approval Centre

Commissioned by the President in December, the new system ensures that applicants no longer need to visit a visa office, know anyone in the system, or lobby for approvals.

At a stakeholders’ sensitisation workshop on the implementation of the Nigeria Visa Policy (NVP) 2025, yesterday in Abuja, Dr. Tunji-Ojo said the visa is considered a very important document by the government because it is an instrument of migration management and an instrument of economic development.

The minister explained that Nigeria has to strike a delicate balance between national security and, of course, the ease of migration.

“And we think that it’s something that we can do and something we will do.

“We don’t have a physical Visa Approval Center. If you apply for a Nigerian visa anywhere in the world, you do so online. We process it here in Nigeria, and if approved, you receive your e-visa in your email,” he explained.

To enhance efficiency, the government has set a 48-hour deadline for processing e-visas.

“It is unprofessional and unacceptable for the Nigeria Immigration Service not to approve or provide feedback within 48 hours,” the minister stated.

“It breaks my heart that people need to lobby to even get visas to Nigeria. It shouldn’t be so. It shouldn’t be.

“For anybody that is qualified, for anybody that wants to do legitimate activities in Nigeria, such people should be able to come to Nigeria easily. And this is why we are opening our space. Mr. President is interested in foreign direct investments.”

Further, he said Nigeria is interested in partnering with the rest of the world to develop its economy but, “We can’t do that when we allow bottlenecks to hold us down. So these reforms, basically, are aimed at opening our space, enhancing national security, and we hope that the primary responsibilities of the visa scheme will be achieved.”

Kemi Nandap, controller general, Nigeria Immigration Service (NIS), said the NIS would fully digitize its e-visa platform and reduce visa classifications from 79 to 44 to enhance accessibility, transparency, and efficiency in the new visa policy.

She said, “At the core of this policy is the new e-visa platform—a fully digitized, centralized system that revolutionizes how foreign nationals interact with our country’s entry procedures. As part of this transformation, the Nigerian Visa Policy 2024 underwent a comprehensive review, resulting in a significant reduction in visa classifications from 79 to 44.

“These categories have been logically grouped to simplify procedures, reduce complexities, and greatly improve the user experience. Importantly, we have maintained the original purpose and intent of each visa class throughout this reform.”

 


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