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Innovation

Why Nigeria Needs More Direct Investment to Grow its Economy

In May, the National Bureau of Statistics (NBS) published its Nigerian Capital Importation first-quarter Report, which revealed that Nigeria received $5.85 billion capital inflows in the first quarter (Q1) of 2020. 

According to the NBS, the $5.85 billion represents over fifty percent increase when compared to what Nigeria received in the fourth quarter of 2019. However, when compared to the corresponding first quarter period of 2019, the investment flow into Nigeria shows a 31.19% decline.

We Need to Defend Innovation in Latin America

We live in an era where great things have happened thanks to innovation. Everybody loves innovation and recognizes that is a force for progress. With the exception of maybe North Korea, no government in the world has an official policy to prohibit innovation or harass innovative people.

Will the Blockchain Solve Two of Africa’s Biggest Problems?

Africa is known for its vast untapped mineral resources than any other place in the world. Its human and technological potentials are also limitless but all are greatly limited by the inability of leaders to solve problems affecting key areas towards development like agriculture and the electoral process.

Don’t give in to technopanic: the internet is awesome!

The amount of stories and commentary in mainstream news sources about how the internet ruins childhood, attention spans and social interactions, is immense. If you were to arrive in this day and age with a time-machine from the 1960s, you'd think that the internet was the first possible thing one could possibly use: giant corporations frantically praying on consumers which become the victim of the technological age.

 

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