Press Room

On July 5th 2019, Ventures Platform Foundation, with the support of Google, held the seventh EDS edition themed “Promoting Digital Literacy in Nigeria” at Ventures Park, Abuja to discuss challenges/ issues facing digital literacy in Nigeria as well as recommend policy solutions.


On Thursday, July 11, 2019, TechCabal hosted its second townhall of 2019 to discuss the importance of renewable energy to Africa for improving access to electricity. The event also highlighted the challenges that exist in the renewable energy market and how they should be addressed.


Some of China’s Most Innovative Companies are now backing Nigeria’s OPay
Business, FinTech, Funding, News, Ridesharing, startups, Technology, Venture Capital
15th July 2019

Nigeria-based OPay has closed a new $50 million funding round, the largest for any Nigerian tech startup so far in 2019. The company will use the new funding to deepen its roots in the Nigerian market for all its digital businesses including ORide and OFood. It also has plans to expand to other African markets.

Econet’s Kwese Play Not Officially Shutdown but its Future is Highly Uncertain

On July 2, Kwese Play users started getting errors that the service has been shut down. The company has since denied the shut down rumours, but the service has still not being restored due to issues with its platform provider Roku. This issue and the subsequent news about financial challenges at Kwese have fueled speculations about the future of the company’s services.



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