TECHDIGEST – Amidst applause and accolades, the Honourable Minister of Communications and Digital Economy, Prof. Isa Ali Ibrahim (Pantami), received the Global Winners in different categories of the LEAP 2023 Rocket Fuel Pitch Startup Competition, WICRYPT by Aronu Ugochukwu and RICE AFRIKA by Maigari Ahmadu.

The Winner of the New World Award category, WICRYPT is a decentralized internet-sharing and monetizing Network which gives everyone the power to become a micro-ISP. While the winner of the Tech for Humanity category, RiceAfrika, is a tech-driven agriculture optimization service provider in Africa, which provides a platform that connects smallholder farmers in Africa.

While meeting with the Startups, Prof Pantami said that Nigeria is passionate about innovation which is why she developed the Startup Act. He stated that the challenge of unemployment, underemployment, and un-employability can only be addressed by promoting our digital innovation and digital entrepreneurship.

“We are more interested in supporting job providers than only supporting job seekers that can even hardly do the work even if they are employed,” he said.

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He appreciated President Muhammadu Buhari, GCFR, for approving Nigeria to be part of a Digital Cooperation Organization (DCO). He went further to appreciate the DCO for the full sponsorship of Nigeria’s participation at the event.

“Many countries are contributing, but due to some challenges of funding, we are yet to make any contribution, but DCO sponsored 16 Nigerian Startups to attend the event without a single kobo from us by providing air tickets, accommodation, and everything for them,” Prof Pantami said.

“I want to also commend the National Information Technology Development Agency, particularly the management led by Kashifu Inuwa, for coordinating the event actively on our behalf and for making all our delegates and our startups to be very comfortable,” he said.

The Honourable Minister added, “I also commend the Kingdom of Saudi Arabia through the Minister in Charge of Communications and Information Technology, His Excellency, Engr. Abdullah bin Amer Alswaha, for inviting Nigeria to attend the LEAP 2023.

The Director General, National Information Technology Development Agency (NITDA), Kashifu Inuwa CCIE, while officially presenting the 2 Nigerian Startups that won the cash price of $150,000 each to the Honourable Minister who led the Nigerian delegation to the LEAP 2023 Tech Event in Riyadh, Saudi Arabia, said that, based on the directive of the Honourable Minister, NITDA coordinated the participation of the startups through its subsidiary Office for Nigerian Digital Innovation (ONDI).

“We worked with them, we guided them, and we were there with them throughout the competition,” he stated.

“Out of the six categories, Nigeria took two, which accounts means almost 33.3 percent of the participants,” he said.
Inuwa said that out of the 220, eight startups from Nigeria were selected. He said in the first round 90 were selected to participate in the semi-final with all eight Nigerian Startups making the shortlist. Out of the 90, 12 were qualified to move to the final stage and out of the 12 startups, three were from Nigeria.

This he said included WICRYPT, under the Into the New World Award category, and the Rise Africa Technology under the Tech for Humanity, and Scholar Limited.

The Winners appreciated the Ministry and NITDA for the platform given to them to blossom and for pushing young people to explore their talents.

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TECHDIGEST – It was a proud moment of excitement for the Nigerian delegation, led by Minister of Communications and Digital Economy, Professor Isa Ali Ibrahim (Pantami), accompanied by Director General of NITDA, Kashifu Inuwa CEIE, Executive Vice Chairman, Nigerian Communication Commission, Prof. Umar Garba Danbattaamd Managing Director, Nigerian Communication Satellite, Engr. Tukur Muhammad Funtua, that participated at the 2nd edition of the LEAP Technology Exhibition in Riyadh, Saudi Arabia, as two Nigerian startups emerged winners in different categories at the Rocket Fuel Pitch Competition, and are coming home with a combined total prize of $300,000 (Three Hundred Thousand Dollars).

Over 10,000 Startups submitted applications from different countries. After rigorous scrutiny, the applicants were down to 220, and only 90 startups were selected to pitch their business ideas in the semi-final. Eight Nigerian Startups participated at the semi-final, and three reached the final stage.

RiceAfrika Technologies – is a tech-driven agric optimisation startup that deploys IoT-enabled harvester and its FARMEasy mobile app for smallholder farming communities in Africa. RiceAfrika believes Africa can feed itself and feed the world. It emerged as the global best in ‘The Tech for Humanity Award’ category and is coming home with 150,000 dollars.

While Wicrypt – An innovative Tech startup decentralising internet globally. The startup has a custom OS and hardware that allows users to share data with people around them and charge an affordable rate also won 150,000 dollars after he was announced as the global best in the ‘The Into New World Award’ category.

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Professor Pantami leader of Nigerian delegation expressed his delight while maintaining that Nigerian Startups have all it takes to compete with their peers in the global stage.

“I am so proud of our Startups who emerged as the global best in these categories. It is quite a long journey that followed rigorous process until the end; from over 10,000 applications to the final 12, in which three Nigerians took part and two emerged winners. We are delighted that our startups are not only amazing but went through a lot of nurturing and mentorship to be the best in the world,” he noted.

The Minister stated that Nigeria is on the right track in implementing its National Digital Economy Policy and Strategies to ensure that Nigerian Startups add value to the global tech ecosystem. We are building the ecosystem and making it more conducive for nurturing innovation-driven enterprises. Our startups are creating solutions for the local market that can easily scale to the global market.

“The journey started in 2019 shortly after President Muhammadu Buhari unveiled the National Digital Economy Policy and Strategy (NDEPS) for Digital Nigeria. Now we are reaping the positive benefits of our commitment. In the space of five months, we have Nigerians that are making us proud on the global stage.

“The eight entries from Nigeria competed with over 90 Startups in the semi-finals, showcasing their innovative ideas that will transform economies and solve pertinent issues around the world. Therefore, they emerged global best. They did not only pitch to win grants but also attended various knowledge-sharing sessions, conferences and investor meetings that have exposed them to numerous ways to accelerate their products for the best market fit. The startups intracted with the world’s best mentors, angel investors and venture capitalists.

“It is also noteworthy that eight Startups we brought to this year’s LEAP, three made it the Grand Finale, two won, and are going back home to add value to our Digital Economy. On behalf of the Nigerian government, we sincerely appreciate the Digital Cooperation Organization (DCO) Headquarters, Riyadh, for sponsoring our innovative startups to participate and showcase their innovations to the world”, he added.

Prof. Pantami also said that the successes of Nigerian Startups in GITEX, Dubai, United Arab Emirates in October last year, and today in Riyadh, Saudi Arabia, is evident that the country’s innovators have accepted the challenge posed to them by the Federal Government to not stell as the African leaders but compute globally.

“The recent successes are the fruit of policies we put in place to ensure our Startups walk shoulder to shoulder with their counterparts in Europe, Asia and other parts of the world. Under President Muhammadu Buhari, the federal government appreciates the outstanding exploits of startups in the country, which are helping to create jobs, fast-track economic development, and also winning awards and grants amounting to millions of naira,” he concluded.

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