Business News
Nigeria’s CcHUB expands into East Africa
Nigeria’s Co-creation HUB (CcHUB) have made inroad into the eastern region of Africa. The company launched its outfit in Kigali, Rwanda, a move that intends to foster regional technology ecosystem in the continent.
Nigeria’s Co-creation HUB (CcHUB) have made inroad into the eastern region of Africa. The company launched its outfit in Kigali, Rwanda, a move that intends to foster regional technology ecosystem in the continent.
The technology-oriented centre started its business journey in Yaba, area of Lagos State, but has now expanded into Rwanda to discover the potential within the country through its ‘CcHUB Design Lab’ in Kigali.
Speaking on the launch of the Design Lab, CcHUB’s Co-founder and Chief Executive Officer, Bosun Tijani said the common challenge African entrepreneurs face for sustainable growth is design and innovation, stating that the CcHUB Design Lab is the solution.
“We’ve been building tech businesses alongside African entrepreneurs for almost a decade and in that time, we’ve identified a common challenge that businesses face when it comes to sustainable growth – Design and Innovation.
“With the CcHUB Design lab, we will be collaborating with organisations that may not have the capacity to design, build and innovate as quick as leaner startups would.
The lab will also build on CcHUB’s extensive global and pan-African network of partners, research institutes and governmental organisations to execute practical design projects that will solve some of our social and business challenges at scale.
“Whilst our work from the lab will focus on the entire continent, we chose Rwanda as the country to operate from because of the ease of doing business in the country.
“Additionally, by collaborating with the Government of Rwanda, whose vision aligns with ours, we hope to find solutions that will enable socio-economic development, productivity and development across Africa.”
Role of the Kigali CcHUB
The expansion to another country is the first in the CcHUB’s eight years existence. According to a report on the company’s blog, the ‘design lab’ is an unprecedented next step in Africa’s growing tech sector, and is set to become a leading creative space where its multidisciplinary team of product designers and engineers will collaborate with scientists and stakeholders globally, to explore the application of emerging technologies that will solve Africa’s systemic problems in Public Health, Education, Governance and the Private Sector.
Rwanda Government reaction
The H.E. Minister of ICT and Innovation, Rwanda, Paula Ingabire said the launch is a landmark in Rwanda’s burgeoning tech community. Adding that the country will continue to build long-lasting strategic partnerships that celebrate excellence.
“CcHUB’s expansion into Kigali, marked with the launch of the Design Lab today, is an exciting landmark for Rwanda’s burgeoning tech community. Rwanda is keen on collaborating with world-class partners to establish ourselves as a leading destination that nurtures innovation-driven enterprises.
“We see technology as an integral gateway and means of developing society – an ethos and mission shared by CcHUB. As we strive to become a knowledge-based economy, we will continue to build long-lasting, strategic partnerships that celebrate excellence, forge ahead with progress and that are, essentially, a force for good that will impact thousands of people across the continent.”
Local partnership
Co-creation Hub has formed partnership with some companies to accelerate the growth of Rwanda across various sectors through the use of technology. The Rwanda Biomedical Centre is the first local company to partner, joining the likes of Go-Ga Lab, Nimcure and Safe Online.
Track record and portfolio
The Nigerian owned tech-oriented company boasts a pre-incubation portfolio of over 60 companies including digital blood bank, Lifebank, recycling venture, WeCyclers and Budgit, a web platform that simplifies the Nigerian budget and public data.
With this new launch in Kigali, CcHUB reiterated its commitment as a solution provider to Nigeria and Africa’s development. CcHUB will deploy the use of a multidisciplinary design team of designers and engineers to contribute to the growth of the health sector, education and governance.
About Co-Creation Hub
Co-creation Hub (CcHUB) is an innovation centre dedicated to accelerating the application of social capital and technology for economic prosperity. CcHUB is Nigeria’s premier living lab designed as a space where work to catalyze creative tech ventures take place. The hub is Nigeria’s first open living lab for technologists, entrepreneurs, tech companies, investors and hackers in and around Lagos. Over the years, CcHUB has provided technological solutions to various sectors of the economy including education, public health and, governance through the various projects the hub is actively engaging in.
Coronavirus
COVID-19 Update in Nigeria
On the 22nd of October 2020, 138 new confirmed cases and 2 deaths were recorded in Nigeria
The spread of novel Corona Virus Disease (COVID-19) in Nigeria continues to record significant increases as the latest statistics provided by the Nigeria Centre for Disease Control reveal Nigeria now has 61,805 confirmed cases.
On the 22nd of October 2020, 138 new confirmed cases and 2 deaths were recorded in Nigeria, having carried out a total daily test of 4,648 samples across the country.
To date, 61,805 cases have been confirmed, 56,985 cases have been discharged and 1,127 deaths have been recorded in 36 states and the Federal Capital Territory. A total of 595,283 tests have been carried out as of October 22nd, 2020 compared to 590,635 tests a day earlier.
COVID-19 Case Updates- 22nd October 2020,
- Total Number of Cases – 61,805
- Total Number Discharged – 56,985
- Total Deaths – 1,1127
- Total Tests Carried out – 595,283
According to the NCDC, the 138 new cases were reported from 13 states – Katsina (44), Lagos (35), Kwara (15), Kaduna (13), Plateau (7), Imo (6), Adamawa (5) Rivers (4), Yobe (3), Ogun (2), Oyo (2), Osun (1), FCT (1).
Meanwhile, the latest numbers bring Lagos state total confirmed cases to 20,768, followed by Abuja (5,944), Plateau (3,594), Oyo (3,423), Rivers (2,746), Edo (2,648), Kaduna (2,585), Ogun (1,989), Delta (1,812), Kano (1,741), Ondo (1,659), Enugu (1,314), Kwara (1,065), Ebonyi (1,049), Katsina (948), Osun (919), Abia (898), Gombe (883). Borno (745), and Bauchi (710).
Imo State has recorded 613 cases, Benue (484), Nasarawa (478), Bayelsa (403), Ekiti (329), Jigawa (325), Akwa Ibom (295), Anambra (277), Niger (274), Adamawa (257), Sokoto (162), Taraba (122), Kebbi (93), Cross River (87), Yobe (82), Zamfara (79), while Kogi state has recorded 5 cases only.
READ ALSO: COVID-19: Western diplomats warn of disease explosion, poor handling by government
Lock Down and Curfew
In a move to combat the spread of the pandemic disease, President Muhammadu Buhari directed the cessation of all movements in Lagos and the FCT for an initial period of 14 days, which took effect from 11 pm on Monday, 30th March 2020.
The movement restriction, which was extended by another two-weeks period, has been partially put on hold with some businesses commencing operations from May 4. On April 27th, 2020, Nigeria’s President, Muhammadu Buhari declared an overnight curfew from 8 pm to 6 am across the country, as part of new measures to contain the spread of the COVID-19. This comes along with the phased and gradual easing of lockdown measures in FCT, Lagos, and Ogun States, which took effect from Saturday, 2nd May 2020, at 9 am.
On Monday, 29th June 2020 the federal government extended the second phase of the eased lockdown by 4 weeks and approved interstate movement outside curfew hours with effect from July 1, 2020. Also, on Monday 27th July 2020, the federal government extended the second phase of eased lockdown by an additional one week.
On Thursday, 6th August 2020 the federal government through the secretary to the Government of the Federation (SGF) and Chairman of the Presidential Task Force (PTF) on COVID-19 announced the extension of the second phase of eased lockdown by another four (4) weeks.
READ ALSO: Bill Gates says Trump’s WHO funding suspension is dangerous
Economy & Politics
Breaking: Senatorial, State House of Assembly bye-elections postponed – INEC
Senatorial and State House of Assembly bye-elections slated to hold on October 31 in 11 states have been postponed by INEC.
The 6 Senatorial and 9 State House of Assembly bye-elections slated to hold on October 31 in 11 states of the Federation has been postponed by the Independent National Electoral Commission (INEC). The vacancies were as a result of death and resignation of previous members.
According to the statement issued by its National Commissioner & Chairman, Information and Voter Education, Festus Okoye Esq., INEC said the decision was taken after meeting with the 37 Resident Electoral Commissioners (RECs) on Thursday.
Breaking News: #INEC Postpones Bye Elections in 6 Senatorial Districts, 9 State Constituencies. pic.twitter.com/RWiUomBsC6
— INEC Nigeria (@inecnigeria) October 22, 2020
Though the commission did not categorically state the reason for the postponement, feelers are that it may not be unconnected with the raging #EndSARS protests across the nation.
Details shortly…
ENDSARS
#EndSARS: President Buhari issues stern warning to hoodlums
The President has issued a warning to hoodlums who have hijacked the #EndSARS protest to promote unrest.
President Buhari, in his state of the Nation address to Nigerians this evening has warned hoodlums and the conflict entrepreneurs who have hijacked the #EndSARS protest to promote unrest.
The President explained that the choice to demonstrate peacefully is a fundamental right of citizens as enshrined in Section 40 of the Constitution and other enactments.
“I must warn those who have hijacked and misdirected the initial, genuine and well-intended protest of some of our youths in parts of the country, against the excesses of some members of the now-disbanded Special Anti-Robbery Squad (SARS),” he said.
President Muhammad Buhari frowned against the desperate and inhumane actions of mobsters, arsonists and hoodlums which has led to the loss of human lives, sexual violence, attacks on correctional facilities, as well as public and private properties which were completely destroyed or vandalized.
He explained that these bad actions will not be tolerated, as it is not in line with the legitimate expression of grievance of the youth of the country. He reiterated that the Government shall continue to ensure that liberty and freedom, as well as the fundamental rights of all citizens, are protected.
What you should know from the President’s State of the Nation address
The President reiterated that the government has the obligation to protect lives and properties, and ensure that the citizens go about their daily businesses freely and protected from acts of violence.
However, he appealed to protesters to note and take advantage of the various well-thought-out initiatives of this administration designed to make their lives better and more meaningful, and resist the temptation of being used by some subversive elements to cause chaos with the aim of truncating our nascent democracy.
The President, however, warned the youth that doing otherwise will amount to undermining national security as well as law and order, which under no circumstances will be tolerated.
President Buhari thus called on the youths to discontinue the street protests and constructively engage the government in finding solutions, as their voices have been heard loud and clear.
COVID-19 Update in Nigeria
Breaking: Senatorial, State House of Assembly bye-elections postponed – INEC
#EndSARS: President Buhari issues stern warning to hoodlums
#EndSARS: President Buhari tells Youths to discontinue street protests
#EndSARS: President Buhari asks international community not to make hasty decisions on developments
COVID-19 Update in Nigeria
Daily Parallel Market Exchange Rate – ₦461/$1
#EndSARS: Tinubu says he has no investment in LCC, collects no dime from Lekki Tollgate
Sanwoolu says curfew may be partially lifted
Naira stabilizes in forex markets as dollar supply hits record low during curfew
