The journey of a tech startup is like navigating a minefield. One wrong step, and your dream could go up in smoke.
In Nigeria, the legal landscape is particularly treacherous. Ignore it at your peril.
But fear not, intrepid entrepreneur. By sidestepping these five legal pitfalls, you'll clear a path to startup success.
The Importance of a Solid Legal Foundation for Tech Startups in Nigeria
Launching a startup is like building a house. Neglect the foundation, and it's only a matter of time before cracks appear.
Risks of Overlooking Legal Considerations
Failing to prioritize legal matters is a surefire way to:
Lose control of your...
Tech Unite Africa, the largest Technology Expo in West Africa, is delighted to announce its partnership with Startup World Cup, the biggest Startup pitch competition globally, renowned for providing budding entrepreneurs and innovators with prestigious platforms. This collaboration signifies a significant milestone for both entities as they unite to foster innovation, entrepreneurship, and collaboration within the startup sector.
The partnership between Tech Unite Africa and Startup World Cup demonstrates their shared commitment to empowering emerging startups and providing them with invaluable opportunities for growth and success. By leveraging their respective expertise, resources, and networks, both organizations aim to amplify the...
The countdown to the most anticipated tech event of the year has begun! On November 11, 2023, the Africa Startup Festival will take center stage in Lagos, Nigeria, to celebrate innovation and entrepreneurship across the continent. This is an annual event that will bring together innovators, investors, tech enthusiasts, and companies from all around Africa to collaborate on ways to advance innovation on the African continent.
Fueling Innovation in Africa
The Africa Startup Festival 2023 intends to cast a spotlight on the enormous potential and creativity of the African startup ecosystem.
With the theme "Fueling Innovation in the African Continent," the festival...
MEST Africa has announced Sproutly (Nigeria), Kweli (Senegal), Swoove (Ghana), Hisa (Kenya) and Desert Green Africa (South Africa) as the startups who will be into the grand finale of the 2022 MEST Africa Challenge pitch competition.
The pan-African pitch competition opened applications in July this year for pre-seed and seed-stage technology startups in Ghana, Nigeria, Senegal, Kenya, and South Africa to bid for the ultimate prize of $50,000.
After going through the online application, regional pitches, and founder interview phases of the competition, these 5 finalists have been selected for the final pitch. Each startup will represent their country at the...
17th, November 2021: This February 2022, Saudi Arabia will be hosting the largest technology event ever launched, LEAP, bringing together the global technology community under one roof to tackle the biggest socio-cultural challenges of the world.
Taking place from the 1st – 3rd of February 2022 in Riyadh, LEAP is set to become a truly global platform for the entire innovation ecosystem, connecting pioneers and disruptors with business and government leaders, entrepreneurs, investors and more to experience and learn about the technologies of the future.
The event will welcome speakers from all around the world; including Eugene Kaspersky, CEO and co-founder,...
A website is the main representation of any business today, Start-ups, especially need to develop a user-friendly and unique website to stand out in the market and appeal to their potential customers.
A well-designed website will help start-ups create brand awareness, compete with similar businesses, and will help you engage online customers much better. Developing and designing a website from scratch for your start-up can seem overwhelming and confusing when you are not aware of the latest trends and the best web design practices.
Here is a list of 10 underrated best practices for developing a website for your startup:
1. Pick...
The startup landscape has experienced many drastic changes, and over the years, it can be described using some rather discouraging figures. According to statistics, 20% of new businesses fail in the first year, while 75% of capital-backed businesses never reach success.
Those numbers are enough to put off aspiring entrepreneurs from achieving their dreams, and yet global statistics reveal that many are still taking the leap with 0.33% of the global population starting a new business every year. In 2017 alone, there were approximately 582 million entrepreneurs around the world.
Furthermore, 2018 data shows that health, financial services, and consumer products...
Sales funnel management is quite a challenging task for startups. Why? Because it depends on how the lead generation techniques were initially set up.
If they were built with scalability in mind, startups won't experience any problems. On the other hand, they can hit the wall and not have enough resources to come out of the tight spot.
Fortunately, there are plenty of scalable lead generation methods which are light on resources that startups can implement from day one.
All the following lead generation tactics and pieces of advice, e.g. creating online quiz to optimizing your CTAs, will give startups a vast...
An innovative idea takes ages to born and years to get launched – With ideal funding, such mobile application can bring significant revenue to the companies. Today we will be sharing a comprehensive guide about how one can get started with creative mobile application idea and have a strategy to raise funds for it.
These are crucial steps that require patience, and a lot of research to get things right as per the business norm and how investors would agree.
So without further ado, let’s get started!
Prepare the Finest Pitch for App Idea
Before you step into the market to ask for...
The growth of the innovation sector in Nigeria over the last decade has been steady and is evident in the quality of start-ups, mentors, angel investors, innovation hubs and other stakeholders that are participating in the fast growing early stage entrepreneurial ecosystem.
To foster greater collaboration and knowledge sharing about providing services that support entrepreneurship, a group of hubs from across the country have come together to establish an organisation whose prime objective is to develop a community of best practices.
We are pleased to announce the creation of Innovation Support Network (ISN) Hubs an organisation of 75 Hubs from across...
Following the success of the 2018 edition of VivaTech, the international innovation event that brings together more than 8,000 startups from all over the world, SANOFI will once again be present in Paris in 2019 through Afric@Tech - its dedicated lab that is committed to innovative African startups.
On this occasion, SANOFI is launching 3 challenges, which are part of its commitment to support and encourage innovation on the African continent.
CHALENGE 1
How to improve the awareness & diagnosis of patients suffering from diabetes?
CHALENGE 2
How to improve access to medicines in remote areas from supply chain management to alternative payment...
Money is the lifeline of a business. Your business would accomplish new goals and attain new heights when sufficiently fueled by funds. If you are a business owner, you would realize that your business would be requiring some additional capital.
Any business would be requiring funding for various reasons like getting through a rough patch, for engaging in speedy growth, and other such circumstances.
The two most popular choices you would get for raising the required cash are debt or equity financing. In equity financing, you are required to forego a specific percentage of the company’s ownership.
These could be very useful...
Technology-based companies in Nigeria have something to look forward to as Union Bank has announced the launch of TechVentures, a unique banking proposition which provides tailored services to their industry. The solution was unveiled recently at TechPoint Build, a leading technology conference for tech experts, investors, start-ups and owners of tech-enabled businesses, that held in Lagos.
TechVentures supports tech-based businesses in various stages of their lifecycles, providing them services which include access to venture capital funding, business advisory and mentorship as well as accelerator partnerships.
Union Bank’s Head of Commercial Banking, Mr. Kunle Sonola, who was present at the event and...
Nigerian startups CredPal and Zowasel win in the Merchant Payments and Financial Inclusion challenges respectively
Lagos, Nigeria; 25 July 2018: Visa (NYSE:V), the world’s leader in digital payments, announced Nigerian startups CredPal and Zowasel as winners in the Merchant Payments and Financial Inclusion challenges of its first ever Sub Saharan Africa (SSA) Everywhere Initiative, a global program aimed at startups and designed to encourage the development of the next big thing in payments. The winning solutions beat 10 other contenders selected from 238 submissions to emerge as champions.
The SSA program was structured around three real life business challenges:
Merchant Payments...
Lagos, Nigeria - 2017 was a record-breaking year for African start-ups. According to research from Disrupt Africa, $195.1 million in venture capital funding was invested in African start-ups compared to $129.1 million in 2016 – an increase of 51%. With $63.3 million in startup investments in 2017, Nigeria was the top investment destination in Africa followed by South Africa and Kenya.
As Nigeria continues to emerge as a technology hub, one thing is clear – women are missing on the playing field. Of the 25% of women in tech, only 21% are tech executives and of these, only 11% are...
Lagos, Nigeria - 2017 was a record-breaking year for African start-ups. According to research from Disrupt Africa, $195.1 million in venture capital funding was...
17th, November 2021: This February 2022, Saudi Arabia will be hosting the largest technology event ever launched, LEAP, bringing together the global technology community...
MEST Africa has announced Sproutly (Nigeria), Kweli (Senegal), Swoove (Ghana), Hisa (Kenya) and Desert Green Africa (South Africa) as the startups who will be...
Nigerian startups CredPal and Zowasel win in the Merchant Payments and Financial Inclusion challenges respectively
Lagos, Nigeria; 25 July 2018: Visa (NYSE:V), the world’s leader...
Technology-based companies in Nigeria have something to look forward to as Union Bank has announced the launch of TechVentures, a unique banking proposition which...
Tech Unite Africa, the largest Technology Expo in West Africa, is delighted to announce its partnership with Startup World Cup, the biggest Startup pitch...
