L&L Foods Wins $15,000 NES Startup Prize [2017]

L&L Foods, a peanut maker, have been named winner of the first ever Nigerian Economic Summit (NES) Group pitch contest.

The non-tech startup peanut producer emerged winner over seven other startups to emerge winner of the maiden contest and secure $15,000 in funding.

Accounteer, a cloud accounting tech startup was the first runner-up and winner of $10,000 prize. Mypaddy.ng a platform that helps students find campus accommodation got the third position and a $5,000 prize.

There were a total of 263 startups that applied to take part in the competition via Ventures for Africa platform. The number was later narrowed down to eight start-ups.

Six of the eight were tech solution providers such as African-Based E-library Academix, Accounteer, Ed-tech firms Insight Africa and Edusko; Mypaddy.ng and Fintech Startup Piggybank.ng. The two non-tech startups were L&L Foods and Condiments Producer Ojoro Kitchen.

Kitovu Wins World Bank’s Youth Development Initiative 2017

Nigeria’s Kitovu has won the 2017 World Bank’s “Ideas for Action” initiative.

Kitovu, is an innovative platform and system that matches fertilizer type and quantity, improved quality seeds and other inputs to the right soil. The proposal envisions a web and mobile-based decentralised fertilizer and seedling warehousing system that matches the right inputs to different farm locations owned by small-holder farmers in distant locations to lower the cost of cultivation while ensuring increased yields.

The initiative is a youth competition on financing for development programme which is yearly organised by the World Bank Group, in collaboration with the Zicklin Centre for Business Ethics Research.

The Bank’s Senior Vice President, Mr Mahmoud Mohieldin, announced that Nigeria’s winning proposal, “Kitovu”, came tops from among 743 proposals from 118 countries, while Uganda’s proposal of “Gifted Hands” and India’s proposal of “Agratam” were adjudged first and second runner ups in this year’s competition. Mohieldin disclosed that the winners were selected through a vigorous three-stage selection process, evaluating the creativity, significance, feasibility and clarity of the proposals.

In his words:

“The competition encourages young people from around the world to develop and share their ideas for innovative approaches, through the smart use of technology as well as financing solutions, to solve development challenges. It attracts engagement from young people across the globe, with about 38 percent of submissions from Sub-Saharan Africa; 15 percent from Latin America and the Caribbean; 13 percent from South Asia; 12 percent from East Asia and the Pacific. Also, 12 percent came from North America; eight percent from Europe and two percent from the Middle East and North Africa.”

The World Bank’s Director of Strategy and Operations, Africa Region, Ms. Mamta Murthi noted that the youth remained the major stakeholders in the realisation of the 2030 Agenda for Sustainable Development and its associated Sustainable Development Goals (SDGs).

She said:

“We focus on youth for this competition because three billion people, amounting to 43 per cent of the world’s population, are under the age of 25. The world’s youth will implement the 2030 Agenda for Sustainable Development, contribute their unique solutions and shape their future and ours.”

Nigeria’s winning proposal, Kitovu, is an innovative platform and system that matches fertilizer type and quantity, improved quality seeds and other inputs to the right soil. The proposal envisions a web and mobile-based decentralised fertilizer and seedling warehousing system that matches the right inputs to different farm locations owned by small-holder farmers in distant locations to lower the cost of cultivation while ensuring increased yields.

Mr. Nwachinemere Emeka-Obewe, who initiated the winning proposal, explained that the platform sought to create market access for smallholder farmers in distant locations by using a mix of web, mobile and SMS platforms to link farmers to processors.

The platforms would also link producers with buyers, transporters and other ecosystem stakeholders, to tackle post-harvest losses and enable producers traceability while increasing farmers’ income.

 

Winners of 2017 Nigeria Customer Service Awards

Winners have emerged in the 2017 Nigeria Customer Service Awards (NCSA).

Nigeria Customer Service Awards (NCSA) now in its fifth edition, is a strategic move to applaud companies who have been dogged in proffering excellent service in their various sectors to Nigerians. This is being done by extensive research (mystery shopping). The touch point includes – company service or product process, staff attitude, ambiance, turn around time, product and services knowledge. The research covers five regions and the report was presented to the winners to see where they perform better and where they also need to work on.

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Transcorp Hilton Abuja Wins Double Seven Stars Hospitality Awards 2017

Transcorp Hilton Abuja has received the Signum Virtutis (Seal of Excellence) in the Hotels and Resorts Category of the 2017 Seven Stars Luxury Hospitality and Lifestyle Awards. It is the second of such award, having received similar award in 2016.

The Award Gala ceremony took place at the most exclusive private members country club in Greece, the Ecali Club, on Saturday, September 23, 2017 at the 5th anniversary of the award body.

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Jim Ovia Awarded AAI 2017 Business Leader Award

The Africa-America Institute (AAI) has awarded the Co-Founder and Chairman of Zenith Bank Mr. Jim Ovia with the esteemed 2017 Business Leader Award.

The award was conferred on him on September 19, 2017 in New York, USA at the Institute’s 33rd Annual Awards Gala.

He was recognized for impacting hugely on enterprise and human resource development on the continent.

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Veripay Emerge Highest Transacting Aggregator on the Interswitch Disbursement Network [2017]

Veripay has been awarded by Interswitch as the highest transacting aggregator on the Interswitch disbursement network.
Veripay, Nigeria’s first ever web-based HR and payroll management solution from Appmart Group, is currently deployed in more than 10 states of the federation and used by several companies and institutions to manage their Human Resource. The software is available to any organization that wishes to use it for free.
The Highest Transacting Aggregator Award from Interswitch was presented to Mr. Mako Sylvester, Chief Executive Officer, Appmart Group and Mr. Anthony Umejiofor, Chief Technology Officer, Appmart group, at the Interswitch Connect Award/Gala night, which held on Friday, September 15, 2017, at the Landmark Event Centre, Victoria Island, Lagos.
On receiving the Award, CEO Appmart Group, Mako Sylvester said:
“It is indeed a great honour to receive this award today from Interswitch. We have put in a lot of work in the creation of Veripay as a solution to a valid problem in Nigeria’s HR and Payroll Management system. At AppMart we are innovating and driving evolution because we believe that software should be accessible and affordable to align with the genuine needs of individuals, corporate entities and society at large.”
AppMart is a software development company headquartered in Abuja, Nigeria that helps organizations from start-ups to large enterprises, Government institutions etc. to accelerate growth and innovation, transform operational efficiency, and deliver new software products to serve human needs. The solution was integrated with the Interswitch Payment Gateway in early 2016 and has since then seamlessly optimized the HR/payment system of organizations on the network.

Air Peace also emerged the winner of Interswitch’s ‘Payment Innovation Driver, Aviation’ award.

United Bank for Africa (UBA) won the prize for the Fastest Growing Bank Partner given to the bank with the most impressive performance in Verve card issuance and the Payment Innovation Driver for Trade Finance.