2023 Archives - Tech | Business | Economy https://techeconomy.ng/tag/2023/ Tech | Business | Economy Thu, 09 Apr 2026 15:33:36 +0000 en-GB hourly 1 https://wordpress.org/?v=7.0.2 https://techeconomy.ng/wp-content/uploads/2026/02/cropped-techeconomy-logo-32x32.jpeg 2023 Archives - Tech | Business | Economy https://techeconomy.ng/tag/2023/ 32 32 Top 10 EdTech Startups to Watch 2023 https://techeconomy.ng/top-10-edtech-startups-to-watch-2023/ https://techeconomy.ng/top-10-edtech-startups-to-watch-2023/#comments Tue, 03 Jan 2023 14:59:57 +0000 https://techeconomy.ng/?p=92621 uLesson, AltSchool Africa, Teesas, others, are making education inclusive across Africa

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In the past, education was limited to physical and classroom learning, leaving so many excluded.

Technology came in and gradually bridged that gap, facilitating the edtech sector; although not yet decentralized across the globe, as the recent Global Education Monitoring Report, and the UNESCO Institute for Statistics revealed that 244 million children and youth between the ages of 6 to 18 were still educationally excluded in 2021.

This was despite the heat of the pandemic which accelerated the edtech sector in 2020.

But then, players in the field are strongly coming together to tackle this issue. Ranging from primary and secondary education to digital skill acquisition and others, these startups are not limited across Africa; but to mention a few, they include:

1. uLesson

Top 10 EdTech Startups to Watch 2023
uLesson Team

Leveraging technology to enable students learn at a convenient pace, uLesson is making education self-fulfilling and exciting for learners at primary and secondary levels.

Its simplified teaching methods are designed to carry students along individually and holistically, depending on their learning abilities, so no one is left behind.

Founded barely four years ago by Sim Shagaya, a technopreneur and serial investor who also founded 

Konga, Lesson has already raised $25.6 million, backed by investors such as Nielsen Ventures, TLcom Capital Partners, Founder Collective, Tencent, Owl Ventures, among others.

The startup affirms to have over 3.5 million downloads with increasing user interest, 10.6 million lessons watched, 810k+ live lessons attended and more than 3.6 million questions attempted.

2. AltSchool Africa

Top 10 EdTech Startups to Watch 2023
Team AltSchool Africa

What makes AltSchool interesting is its non-traditional approach to grooming individuals from zero to hero within a targeted period. The edutech platform takes up students with or without technical knowledge and trains them to become experts in fields such as product design, product marketing, product development, software engineering, data analysis and data science.

AltSchool transitioned from TalentQL to build a broader foundation where students can kickstart their dream tech career; fresh out of high school, seeking extra education, or want to transition to a career in tech, anyone goes, AltSchool will give you the skills and insight to achieve the success you desire.

In February 2022, the startup raised $1 million in pre-seed funding to bolster its efforts in edutech. According to the founders Adewale Yusuf, Akintunde Sultan and Opeyemi Awoyemi, the fund was launched into building its content and curriculum, technology infrastructure and community concept, so students can meet offline to network and learn together.

3. Teesas

Top 10 EdTech Startups to Watch 2023
Teesas

What I love most about Teesas is its connection to the African root and its zeal to bridge the educational gap in the continent through an inclusive approach. In its drive to enhance education in Africa through technology, the startup combines local and global learning, it provides educational tablets to students so they are not limited by a lack of technological reach to take part in education across the globe.

Founded by Osayi Izedonmwen, Teesas started a donate program last year, ensuring no child is left behind, but everyone gains access to quality education for free and collaborating to achieve its goal.

Teesas enables students learn alphabets, greetings, songs, folktales, history and lots more both in indigenous and English languages. Its expert tutors provide live classes with personalized experiences to every child, with gamified teaching methods, animations and musicals that will grasp every child’s learning interest.

4. Edukoya

Edukoya Team
Edukoya Team

Lagos- and London-based Edukoya was founded by CEO Honey Ogundeyi, who was also the founding CMO of Kuda, a Nigerian neobank. The startup was built on a model that reaches parents and learners 100% online, providing support for examinations and day-to-day learning, including homework.

Edukoya focuses on students in grades 10 to 12 and those taking exams into tertiary institutions. This is different from other edtech platforms that targets mainly grades 1 to 12.

The edtech kick-started its journey less than two years ago and is backed by Target Global and other angel investors such as Shola Akinlade, Ed Robinson, Raffael Johnen, Babs Ogundeyi and others.

5. Edves

Team Edves
Team Edves

Another edtech startup focused on ensuring the development of individuals with in-demand skills, Edves digitizes teaching and learning a secure School Management Software.

The startup, which has already enrolled over 400,000 students, is present in 10 countries, with 29,000+ educators, 25,000+ administrators and is currently leveraged by over 1500 schools. 

Backed by Launch Africa, Chinook Capital Limited, Future Africa, Beta Ventures, Growth Capital and Seedstars, Edves was founded by Dimeji Falana and Dare Adebayo Edves. Its partners include MTN, Paystack, Interswitch, Flutterwave and 9mobile.

Its technology enables users track daily expenses, generate bills, process payment receipts, manage inventory, track defaulters and automate every step of the financial reporting process, as well as real-time monitoring by parents.

6. RiseBack

Top 10 EdTech Startups to Watch 2023
RiseBack

RiseBack recently launched for African students in September 2022. The edtech company offers affordable college degrees to students in partnership with leading Indian Universities, enabling them gain quality education and higher-paying jobs after graduation, without worrying about student debt.

RiseBack offers Skill & Professional Training & Certification Programs, US Evaluation of Degrees assistance, Recruitment assistance, Internship assistance, Incubation & Acceleration services for Students Startups.

Its focus is currently on students getting the chance to study in Indian Universities because of the schools’ reputation over the years, having created super successful alumni who are heads of Fortune 500 companies, Noble Laureates, Scientists, Academicians, IT Professionals, Serial Entrepreneurs & investors.

7. GetBundi

Top 10 EdTech Startups to Watch 2023
Osita Oparaugo, Founder, GetBundi

GetBundi has developed digital skills and STEM-related courses for secondary school students based on the West African curriculum.

The edtech is taking advantage of time to help students get equipped for the future, taking hold of the millions of tech-related jobs springing up every day. From digital marketing, coding, graphics, video editing and cybersecurity, GetBundi equips students in less than 3 months.

Launched in July 2022, the startup was founded by Osita Oparaugo. It currently has over 1,008 hours of audio-visual content on the platform covering six years of secondary school curriculum.

8. Utiva

Top 10 EdTech Startups to Watch 2023
Utiva Team

From training users on data and numbers, to designing and creativity, business analysis, programming, cloud development product marketing and many more, Utiva is a platform for learning digital skills virtually.

Present in over 30 countries, the edtech leverages partnerships to facilitate its drive and achievements. These partners include Flutterwave, Autochek, CredPal, Nomba, Bundle, Moove, TeamApt, Cowrywise, Opay and many more.

Having trained over 30,000 students across focus aspects, Utiva was founded by Nigerian tech entrepreneur,  Eyitayo Ogunmola.

9. Classera

Classera
Classera

Backed by 500 Global, Endeavor Catalyst, Global Ventures, Sanabil, Sukna Ventures, among other investors, Classera has raised a total funding of $40 million to scale its edtech solution.

Classera utilizes a Learning Super Platform (LSP) to enhance education and corporate e-training sectors. The Silicon Valley-founded edtech was built by Mohammad Almadani and his partner Mohammad Alashmawi. It leverages artificial intelligence and social learning to provide an integrated e-learning platform and e-payment gateway “C-Pay” for pocket money, tuition payments and financing, and a specialized educational marketplace for edtech and educational supplies products “Edumalls”.

Classera’s users include over 10 Ministries of Education, private K-12 schools, universities, and corporates for e-training. It affirms to have developed over 100 strategic partnerships with global and regional players including Microsoft, Zoom, Amazon, Intel, Udemy, and HP. 

10. LearnAm

Top 10 EdTech Startups to Watch 2023
Team LearnAm

LearnAm is a localized mobile platform focused on improving digital literacy and inclusion in Africa, taking out language barriers, through audio and visual educational content.

The edtech pivoted from ScholarX in 2016. Founded by Bola Lawal, Damilola Emuze, and Maxwell Ogunfuyi, it went beyond teaching students to helping them gain access to scholarships.

LearnAm currently provides an environment for learners to acquire digital skills, personal improvement and vocational skills. Students can take courses in Yoruba, Igbo, Hausa, English and Pidgin languages, receive free learning resources and materials, after which they receive certificates.

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ASUS ROG Strix G16 Review: Pinnacle Performance and Innovation Unleashed https://techeconomy.ng/asus-rog-strix-g16-review-pinnacle-performance-and-innovation-unleashed/ https://techeconomy.ng/asus-rog-strix-g16-review-pinnacle-performance-and-innovation-unleashed/#respond Sat, 30 Sep 2023 17:09:53 +0000 https://techeconomy.ng/?p=114626 ASUS stands out as a relentless innovator in the tech world. They’re not just about introducing cutting-edge tech to the market but also popularizing it, like the OLED panels you can now find in many affordable ASUS laptops. Their pioneering use of liquid metal for CPU thermal compounds sets ASUS apart even further. The ROG […]

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ASUS stands out as a relentless innovator in the tech world. They’re not just about introducing cutting-edge tech to the market but also popularizing it, like the OLED panels you can now find in many affordable ASUS laptops.

Their pioneering use of liquid metal for CPU thermal compounds sets ASUS apart even further. The ROG Strix G16 (G614, 2023) now incorporates this compound into its HX-series Raptor Lake processor.

Aside from the screen size, this marks a significant distinction between this machine and the TUF Gaming F15 (FX507, 2023). It’s worth noting that both laptops are equipped with 140W GPUs.

ASUS ROG Strix G16 Review
Source: Asus

The ROG Strix G16 and its operating models:

The ROG Strix G16, like all ROG Gaming notebooks, offer multiple operating modes to fit different scenarios and user requirements. The operating modes are configured as follows:

  • Windows: Follows default Windows power settings.
  • Silent: Limits CPU and GPU power while keeping noise levels to a minimum (even turning off the fans entirely for 0dB equipped models). It is ideal for light workloads, browsing and movies.
  • Performance: Balances performance, temperature, and acoustics for any scenario.
  • Turbo: Maximizes power to the CPU and GPU for high-performance gaming and demanding workloads, with maximum airflow to the fans.
  • Manual: Allows users to create custom fan profiles and tune wattages to match their needs perfectly.

Now, let’s dive into the top 5 features worth noting in the ASUS ROG Strix G16 (G614, 2023):

1. Design

The 2023 Strix G 16 represents a high-calibre gaming laptop meticulously designed for competitive gamers who demand peak performance within a chassis tailored to every gaming requirement. Sporting the brand-new 2023 Strix G16, it boasts a wholly reimagined exterior, drawing inspiration from the world of sports to achieve a striking, dynamic, and energetic aesthetic. The chassis is made of light, durable plastic, ensuring surface areas stay cool to the touch.

The chassis weight and dimensions are as follows:

ASUS ROG Strix G16 Review
Source: Asus

The 2.0mm travel distance keyboard provides a satisfying and comfortable experience during each keystroke. The five programmable hotkeys on the upper left section of the keyboard deck can be customized to users’ self-defined functions. Lastly, the keyboard deck also features a 10% wider 126.9 x 84mm glass trackpad.

2. Display

The 2023 Strix G16 features of 16:10, 16″ displays. The laptop is available in either QHD+ or FHD+ resolution. Refresh rates go as high as 240Hz, while response times can go as low as 3ms for the QHD+ panels. All display configurations support G-Sync® in the laptop display and Dolby Vision.

ASUS ROG Strix G16 Review
Source: Asus

ROG Nebula Display

ROG Nebula Display is a display standard conceived by the ROG team. The objective of the standard is to simplify the experience for both partners and users when navigating panel specifications. ROG Nebula sets minimum requirements for several crucial panel specifications, making it easier for everyone to identify ROG products equipped with display solutions that offer the best possible balance in terms of speed (refresh rate, response times), vividness (colour accuracy), brightness, as well as support for key technologies such as G-Sync® and Dolby Vision.

3. Intel Powered processor

The 2023 Strix G16 comes equipped with Intel latest 13th Gen Processors. Intel® 13th Gen Core™ Processors are based on Intel 7 process (10nm) and features Intel new hybrid architecture with Performance and Efficiency Cores. Intel’s 13th-generation processors introduce a host of enhancements compared to their 12th-generation counterparts.

These improvements include higher clock speeds, expanded cache sizes, and a significantly increased core count. When all these elements are brought together, the result is superior gaming performance and heightened efficiency in applications that use multiple threads.

In summary, Intel’s 13th-generation processors deliver more performance within the same power envelope when compared to the 12th-generation processors.

4. Graphics

The 2023 Strix G16 has the latest NVIDIA RTX 40 series of laptop graphics. NVIDIA RTX 40 series laptop graphics’ new Ada Lovelace microarchitecture is based on TSMC’s 4N Process, about half as small as the one used in the previous Ampere architecture, allowing the graphics to deliver more performance for the same power rating as last gen graphics.

The RTX 40 series laptop graphics support several key technologies to optimize the gaming experience.

Thanks to the new 3rd Gen RTX Cores and NVIDIA new Share Execution Reordering (SER) technology, Ray Tracing performance while gaming has significantly improved. 4th Generation Tensor Cores improves upon the last generation in AI-related tasks, opening the door to new technologies such as the upgraded DLSS 3.0. DLSS 3.0 expands prediction from pixels to frames, allowing the next frame to be predicted without needing unrendered image data.

Laptop
Source: Asus

5. Memory and Storage

The 2023 Strix G16 supports up to 64GB DDR5 4800MHz memory in dual channel configuration. Both SODIMM slots are available for upgrade. DDR5 can provide higher bandwidth than traditional DDR4 memory.

The 2023 Strix G 16 can come with up to 32GB Dual Channel DDR5 4800MHz in its top configuration. The Strix G16 and its Intel i9-13980HX support speeds of up to 5600MHz, and users can upgrade their RAM to said speeds with compatible SODIMM kits. As per storage, the 2023 Strix G16 has two slots of M.2 NVMe PCIe 4.0 available for upgrade.

The device can come equipped with up to 1 x 2TB of PCIe 4.0 with fast speeds of up to 5000MB/s.

With a design meticulously crafted for competitive gamers seeking peak performance within a sleek chassis, the ASUS ROG Strix G16 exudes a dynamic and energetic aesthetic inspired by the world of sports. In a rapidly evolving gaming landscape, it sets a new standard, showcasing the future of gaming laptops.

Laptop

Considering its recent launch, the ASUS ROG Strix G16 in Nigeria is currently unavailable but should be available across ASUS Nigeria partner stores from December 2023.

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The State of Entrepreneurship in 2023: Key Statistics and Trends in Nigeria https://techeconomy.ng/the-state-of-entrepreneurship-in-2023-key-statistics-and-trends-in-nigeria/ https://techeconomy.ng/the-state-of-entrepreneurship-in-2023-key-statistics-and-trends-in-nigeria/#comments Mon, 12 Jun 2023 06:49:23 +0000 https://techeconomy.ng/?p=104167 With continued efforts to address challenges, foster collaboration, and create an enabling environment, Nigeria's entrepreneurial landscape is poised for even greater success in the years ahead

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Entrepreneurship plays a vital role in the economic growth and development of a nation. In Nigeria, a country known for its vibrant entrepreneurial spirit, the landscape is constantly evolving. 

As we move further in time, it is crucial to examine the current state of entrepreneurship in Nigeria and highlight the key statistics and trends that are shaping the entrepreneurial ecosystem.

1. Rise in Startup Activity

In recent years, Nigeria has witnessed a significant rise in startup activity. According to recent data, there has been a steady increase in the number of new startups, with Lagos, Abuja, and other major cities serving as hubs for innovation and entrepreneurship. The ecosystem has become more conducive to startups, with increased access to funding, mentorship, and support from incubators and accelerators.

The number of new startups in Nigeria has increased by 35% in the past two years. Lagos, the commercial hub, witnessed a 45% growth in startup registrations in 2022.

2. Tech-Driven Entrepreneurship

Technology has been a driving force behind Nigeria’s entrepreneurial landscape. The country has experienced a surge in tech-driven startups, particularly in sectors such as fintech, e-commerce, agritech, healthtech, and edtech. The rise of mobile technology and internet penetration has created opportunities for digital innovation, leading to the emergence of successful startups like Flutterwave, Paystack, Jumia, and Andela.

The fintech sector in Nigeria attracted over $400 million in investments in 2022. E-commerce startups experienced a 55% growth in revenue compared to the previous year.

3. Access to Funding

Access to funding has historically been a challenge for entrepreneurs in Nigeria. However, in recent years, there has been a positive shift. Venture capital firms, angel investors, and impact investors have shown increasing interest in supporting Nigerian startups. The government has also launched initiatives like the Nigerian Youth Investment Fund and various grants and loans to promote entrepreneurship and provide financial support.

Venture capital investment in Nigerian startups reached a record high of $200 million in 2022. The Nigerian Youth Investment Fund provided grants and loans worth $10 million to over 2,000 young entrepreneurs.

4. Supportive Entrepreneurial Ecosystem

The Nigerian entrepreneurial ecosystem has witnessed significant growth, thanks to the efforts of various organizations, government bodies, and industry stakeholders. Incubators, accelerators, and co-working spaces have proliferated, providing startups with the necessary infrastructure, mentorship, and networking opportunities. Organizations like the Tony Elumelu Foundation and the Bank of Industry have played a pivotal role in supporting entrepreneurs through capacity building and funding programs.

The number of incubators and accelerators in Nigeria has doubled in the last three years, with over 50 active organizations. The Tony Elumelu Foundation has empowered and supported 5,000 entrepreneurs across various sectors since its inception in 2015.

5. Focus on Social Impact

A notable trend in Nigerian entrepreneurship is the increased focus on social impact. Many entrepreneurs are addressing societal challenges through innovative solutions. Startups in sectors like renewable energy, healthcare, education, and agriculture are making a positive impact by providing access to essential services and contributing to sustainable development.

Renewable energy startups in Nigeria have provided clean energy access to over 1 million people in rural areas. Education technology startups have impacted the lives of 500,000 students through their innovative learning platforms.

6. Collaboration and Partnerships

Entrepreneurs in Nigeria are recognizing the value of collaboration and partnerships. Collaborative efforts between startups, corporates, and government agencies have become more common. Strategic partnerships enable startups to access resources, expertise, and market reach while fostering innovation and growth.

Over 20 corporate organizations have launched innovation labs and partnership programs to collaborate with startups in Nigeria. Government agencies have partnered with startups to implement digital solutions, resulting in a 30% improvement in service delivery.

Conclusion

The state of entrepreneurship in Nigeria is dynamic and promising. The country’s vibrant startup ecosystem, driven by tech innovation, increased access to funding, and a supportive entrepreneurial community, sets the stage for growth and economic transformation. With continued efforts to address challenges, foster collaboration, and create an enabling environment, Nigeria’s entrepreneurial landscape is poised for even greater success in the years ahead.

As we navigate 2023, it is essential to celebrate the achievements, analyze the trends, and continue supporting and nurturing the entrepreneurial spirit that will shape Nigeria’s future.

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Top AgriTech Startups to Watch in 2023 https://techeconomy.ng/top-agritech-startups-to-watch-in-2023/ https://techeconomy.ng/top-agritech-startups-to-watch-in-2023/#comments Tue, 10 Jan 2023 09:00:35 +0000 https://techeconomy.ng/?p=92903 Not limited to these, they include ThriveAgric, Releaf...

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What would the Agricultural sector look like today without Agritech startups? There’d be a huge gap I’d say.

This is in terms of decentralization of raw materials for production, limited financial access, inadequate equipment and many more challenges.

Today, our spotlight shines brightly on some Agritech startups with known records of working to ensure the Agricultural sector thrives in Nigeria, with both farmers, consumers and all stakeholders benefiting from their efforts. 

Not limited to these, they include:

1. ThriveAgric

Top AgriTech Startups to Watch in 2023
ThriveAgric Team

ThriveAgric is one of the interesting Agritech startups that provides finance to smallholder farmers, but doesn’t stop there. The startup provides them with the best practices needed for their businesses to scale, including access to sell to local and global markets, putting food security at the fore. How nice…

Having onboarded over 400,000 farmers, ThriveAgric has enabled the production and trading of 800,000+ grains, with more than 400,000 hectares of land cultivated. An intriguing aspect is that it has created over 9,000 jobs, helping reduce the big issue of unemployment in Nigeria.

From production to financing, processing and consumption, ThriveAgric’s got the agricultural sector.

2. Releaf

Top AgriTech Startups to Watch in 2023
Releaf Team

Just yesterday, Releaf raised $3.3 million pre-Series A round and this was to deepen its stand even more as one of the leading Agritech startups in its focus sector. 

Over the last few years, Releaf has built high-end technology — including Kraken — to solve the agricultural problems in Nigeria. The startup keeps finding ways to make these technologies better. 

With the pre-Series A fund raises, it seeks to launch even more products such as Kraken II, which is mobile and more affordable than the initial palm nut de-sheller, eliminating over 80% of margin-eroding costs. The startup will also launch SITE, a geospatial mapping application that discloses food processing assets.

Not limited to the above, Releaf also provides capital to farmers and food factories, helping the purchase require tools and ensure the seamless running of their day-to-day operations.

3. Agricorp

Top AgriTech Startups to Watch in 2023
Team Agricorp

Agricorp is majorly focused on spice production and exportation, with the healthy ginger being a major. Following its success over the years, seeing a 400% capacity growth just within three years of existence, the startup expanded its focus to include poultry production, processing and distribution. 

Its semi-mechanized processing facility located in Kaduna can be used to process over 5,000MT of ginger annually. The startup provides employment opportunities to a large population from all classes and supports farmers financially and in other areas.

Its medium-scale 0.5MT/hour integrated spices processing equipment is used in the production of clean fresh ginger, dried ginger, ginger powder, dehydrated garlic powder, chilli powder, dehydrated onion powder, and lime powder.

4. Vendease

Vendease founders — Wale Oyepeju, Tunde Kara, Olumide Fayankin and Gatumi Aliyu
Vendease founders — Wale Oyepeju, Tunde Kara, Olumide Fayankin and Gatumi Aliyu

Vendease founders — Wale Oyepeju, Tunde Kara, Olumide Fayankin and Gatumi Aliyu 

Vendease is an Agritech startup that breaks barriers in the supply chain between food businesses like restaurants and farmers/manufacturers. 

How does this work? The startup leverages a technology where customers can place orders, and all possible suppliers are shown. The system assigns the order to the supplier with the best pricing and quality, with delivery within 24 hours. The good thing is that all supplies can be gotten from a single source.

Vendease will handle all your procurement without fear of disappointment and also provide analytics to help users track spends. To provide better services, it has built a series of stacks including logistics, storage, payments, inventory management, embedded finance. Users can buy now and opt to pay within 14 days.

5. Hello Tractor

Hello Tractor
Hello Tractor

Just as the name implies, Hello Tractor connects tractor owners to smallholder farmers, providing income to the owners and enabling farmers carry out related activities effectively, thereby enhancing production yield.

The startup also ensures the tracking and management of the tractor fleet remotely, with bookings managed via mobile and web applications. So there’s no fear of losing your tractor. 

Interestingly, the startup also helps users access innovative pay-as-you-go financing, helping them grow their own fleet. 

6. Farmcrowdy

Farmcrowdy
Farmcrowdy

Sustainability being its goal, Farmcrowdy provides the means for key players in the food value chain to maximum output and yield “untapped profits” and provides more efficient food distribution channels.

Farmcrowdy also makes life easy for farmers to an extent, providing finances needed for growth, a major issue faced in the sector.

Its tech-enabled B2B retail platform, FC Shops helps small retailers source their inventory, accessing a wide variety of FMCG goods at wholesale prices, while its FC Foods is a one-stop digital marketplace for trading raw agro-products, inputs and commodities.

7. Zowasel

Top AgriTech Startups to Watch in 2023
Zowasel

Making it easy for traders to access local and international markets, as well as credit to finance, Zowasel offers easy, fast accessible technology to increase farmers’ productivity, provide quality crops and increase revenues.

The startup leverages data science and artificial intelligence to facilitate its efforts, helping smallholder farmers from seed planting stage to market reach.

In its endeavors to provide finances for farmers, Zowasel has partnered with several financial institutions including VBank and SimpliFi, and has collaborated with several organizations to facilitate affordable agricultural machinery for smallholder farmers.

8. Afrimash

Afrimash
Afrimash

Afrimash specializes in sales of agricultural products. It is a digital marketplace which helps farmers reach maximum profitability. 

The sustainability and profitability driven Agritech startup connects farmers to quality inputs and helps them build their digital identities to enable better access to financial support. It also provides access to consultants via mobile channels or online to improve productivity.

To achieve its goal, the startup has partnered with manufacturers, importers, and wholesalers of quality items to create a marketplace where they sell their products to farmers. Its secure payment systems stimulates the delivery of ordered items directly to farmers wherever they are in Nigeria.

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Digital Marketing Ideas to Facilitate your Company’s Growth in 2023 https://techeconomy.ng/digital-marketing-ideas-to-facilitate-your-companys-growth-in-2023/ https://techeconomy.ng/digital-marketing-ideas-to-facilitate-your-companys-growth-in-2023/#respond Mon, 09 Jan 2023 08:25:19 +0000 https://techeconomy.ng/?p=92841 Leveraging digital marketing in unique ways in 2023 is essential, from Personalization to Chatbots and AI, Outsourcing, as well as Automating operations, you should consider these

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The 21st century is defined by a shift in the way people interact with one another. From social media to messaging apps, we are living in an age where communication is more immediate and valuable than ever before; hence, digital marketing has become valuable.

This has led many companies to rethink their business models in order to stay competitive in today’s market. Digital marketing might already be a trend, but trends work hand in hand with dynamism. These ideas would facilitate any company’s betterment.

Personalize notifications to your users

Personalizing notifications is one digital marketing idea and a great way to keep users engaged with your brand. It’s also a great way to increase revenue, since it helps you target the right audience at the right time.

For example, if you know that one of your users prefers music over video content and another loves talking about their favorite sports team, then sending them targeted messages based on this information can be extremely beneficial for both parties.

You can use AI technology like machine learning or natural language processing (NLP) to learn more about each user by analyzing their behavior on different websites or apps over time. You could even use predictive analytics tools that analyze customer feedback from past purchases/activities and suggest relevant content based on those results—such as recommendations for new songs from Spotify’s Discover Weekly playlist!

Integrate an AI powered chatbot on your website

Chatbots are a type of artificial intelligence that allow you to interact with your customers using a messaging app. The chatbot will then mimic human conversation, understanding what the customer is asking and responding accordingly.

Chatbots can help companies by providing real-time insights on customer interaction, which allows them to improve customer service or even grow their business. For instance, if someone asks how long it takes for your product to ship after checkout, you could provide them with an estimate based on their location (e.g., “It takes two weeks”). This way they’ll know exactly when they should expect delivery without having to wait any longer than necessary!

Use new tools to think outside the box and make a better website

There are many tools that can help you think outside the box and make a better website. One of these is The Content Factory, which provides a platform for creating content in any format, from images to videos or text. It also has a free template builder so you can create your own pages with ease.

The Content Factory allows users to create their own custom landing pages on their site’s website by uploading an image or video file with text overlays that they can add as needed (or not at all). This makes it easy for people who don’t know how HTML works but would still like some design elements for their website; all they need is some inspiration!

Stop using mobile-unfriendly websites. They will kill your business

A mobile-unfriendly website is one that does not properly display content on a smartphone. This can cause your business to lose customers, as well as make them less likely to return and refer others in the future.

While there are many factors that contribute to how well your website performs on mobile devices, what makes these sites bad for business is that they often use Flash or other software that doesn’t work well with touchscreens. In fact, most devices now have built-in apps which are more efficient than any desktop application ever could be!

If you haven’t yet updated your site since its launch ten years ago (or even five), it’s time for an upgrade!

When it’s time to scale, consider outsourcing or automating operations

Outsourcing is a great way to scale your business without hiring more people. It can also help you scale your operations, which will make it easier for customers to get in touch with an operator and resolve issues faster. When you outsource or automate parts of your company’s operations, you avoid the cost associated with hiring new employees and managing them on-the-job training—and that money saved can be reinvested into other areas of growth within your organization.

If automation isn’t an option due to budget constraints (or if it just isn’t feasible), consider automating some aspects of customer service instead. This could mean using software like Zapier that allows different systems in different departments (like finance & accounting) to interact with each other automatically so they can provide better support services while also reducing costs further down the line when there aren’t any personnel required at all!

Conclusion

Now that you know what to expect, it’s time to start incorporating these new ideas into your digital marketing campaigns. The first step is always finding a strategy that fits your business and then implementing it so all of your employees understand what they need to do. It takes time but the rewards will be worth it!

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13 Tools & Strategies You Need For Your Business in 2023 https://techeconomy.ng/13-tools-strategies-you-need-for-your-business-in-2023/ https://techeconomy.ng/13-tools-strategies-you-need-for-your-business-in-2023/#respond Thu, 05 Jan 2023 09:20:59 +0000 https://techeconomy.ng/?p=92689 They include SEO and SEM strategies, Social listening tools for marketing, Ads on Youtube, Facebook, and LinkedIn, Google Analytics and Google Data Studio, Email Marketing tools and customer relationship management (CRM)

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The future of your business is dependent on a lot, rather than letting it remain as it is in the present, you should work towards making it better. 

Here we are in 2023, do you intend utilizing same strategies as previous years? With everything from social media to mobile apps taking giant leaps, you can’t remain behind, you should be ready for them and take up dynamism in your business.

You might already be thinking of new strategies, so whether you are or not, here are areas you need to focus on improving or making better:

#1: A great team

Without a good team, your business will suffer. You might be doing good in this aspect already, but take note of consistency in the drive and hunger of team members that have their personal goals and aspirations.

A good team needs to be able to communicate with each other and work together on tasks. You’ll also want them to be able to delegate those tasks out so that they aren’t always doing everything themselves. A good leader will trust his or her employees enough to let them take charge of certain aspects of their jobs rather than micromanaging them all the time (or at least not micromanaging them too much). And finally, there needs to be motivation among everyone involved—it’s no surprise that we all like getting paid for what we do!

#2: An online presence

Yes, you have an online presence and a website, but how are they helping your business grow? Consider user-friendliness and responsiveness. You’ll also want to have a social media presence with at least Facebook and Twitter accounts as well as LinkedIn and Instagram handles if possible. 

How well do you interact with old and new users as well as visitors or passers-by? Can your online presence attract them so much that they come back over and over again?

#3: A good headshot

It might seem funny to you adding this, but really, a good headshot is one essential tool for your business.

A headshot is a high-resolution photo of your face. It can be used in any type of business marketing material, including social media profiles, websites and email newsletters.

The best way to take a good headshot is by having it taken professionally by an experienced photographer who specializes in this area. They’ll make sure that the lighting is perfect so you don’t look orange or washed out; they’ll also ensure there’s enough space around your face so people can see what kind of person you are—and vice versa! If possible, try wearing something professional like a suit or sweater vest for this session too (or whatever else works).

#4: A strong personal brand

Your brand is the sum total of who you are and what you stand for. It’s not about how many followers or followers per month; it’s about being consistent with who you are, so people know exactly what to expect from your business.

A strong personal brand can help boost your business in several ways:

It gives potential clients an idea of how they should interact with your company (and vice versa). For example, if someone has worked with another company in the past and knows that they’re known for their friendly attitude, then it will be easier for them to trust that same type of treatment when working with yours!

You’ll be able to avoid any misunderstandings about whether or not something was okay during a project—if someone has been working on similar projects before meeting up again later on down the line after finishing up their current ones together.

#5: A social media strategy

A social media strategy is a must-have for any business. It’s not just about posting content, but also about scheduling and analyzing your posts to ensure they’re reaching the right people at the right time. Social media tools will help you do this more efficiently than ever before:

Scheduling tools – These are used to schedule when and where you want your social media posts published so that they reach their intended audience as soon as possible. You can also use these tools to curate content from other sources (such as blogs) that fit your brand message or industry standards and then republish them on multiple platforms simultaneously if necessary!

Analytics – Once you’ve created an editorial calendar for all of your different types of posts (Facebook ads, Instagram stories), it’s important that each one receives equal attention throughout its lifespan so there aren’t any gaps between when something goes live versus being seen by potential followers/patrons.

#6: A good website

A good website is a key part of your online presence. It should be easy to navigate and load quickly, with a professional headshot that shows off your best features. You should also have it mobile-friendly so visitors can access the site from any device they like (including smart TVs).

#7: SEO and SEM strategies

SEO and SEM strategies are essential for any business. The goal of SEO is to get your website to the top of search engines, while SEM is a way to get your website to the top of search engine results, but also pay for it.

In both cases, you need to have a strategy that will help you reach your target audience so they can find and engage with your content.

#8: Social listening tools for marketing

Monitor social media to see what people are saying about you, your competitors, and the industry.

Use tools like Hootsuite or Radian6 to monitor social media.

Use tools like Brand24 or SocialMention to monitor social media.

Use tools like Google Alerts to monitor social media

#9: Ads on Youtube, Facebook, and LinkedIn

Youtube, Facebook and LinkedIn are among the most popular social media platforms in the world. These sites allow you to reach your target audience with ads that can be targeted to specific audiences. This is a great way to reach potential customers because they will see your ad every time they log into their account. However, this also means that you’ll need to spend money on ads on these platforms if you want them to appear frequently in front of people who may be interested in what your business has available for sale or services offered by its employees

#10: Google Analytics and Google Data Studio

If you want to see exactly how your website is performing, Google Analytics and Google Data Studio are two tools that can help. Both of these tools will provide a lot of useful data about your business and its performance on the web.

You might be thinking: “What good does this information do for me?” Well, the first thing that comes to mind is that it helps you keep track of traffic trends over time—which in turn allows you to make decisions based on data instead of assumptions or hunches.

Another benefit is knowing which parts of your site are working well (and what needs improvement). This means that when someone uses one part of your site they don’t get stuck trying out another feature they didn’t expect—they only have access to what’s relevant at each point in time!

#11: Content marketing strategies that work for you

Content marketing is a great way to build your brand, attract new customers and sell products or services.

You can use content marketing to build an email list of people who are interested in what you have to say.

You can use it to create content that’s helpful for your customers and prospects (but also fun). In other words, it should be something that interests them as well as informing them about what they need.

You could use this same strategy when promoting yourself through social media platforms like Facebook or Instagram – by posting interesting photos of yourself with animals, perhaps!

#12: Email marketing tools like MailChimp, Constant Contact, and Zoho Campaigns for building your email list and sending out newsletters

Email marketing is a great way to build your email list, send out newsletters and stay in touch with customers. There are several tools that you can use for managing your email list:

MailChimp – This tool makes it easy to create, send and track emails. You can add contacts from all of your social media accounts into the same inbox as well as reply-to-all messages so they don’t get lost in cyberspace. It also has analytics built into its dashboard so you can see how many people have opened each of your emails or clicked on links within them.

Constant Contact – The most popular tool when it comes to building lists goes by another name: Constant Contact is one of the top providers in this niche field due to its wide range of features available at no cost (that includes templates). They even offer an app that allows users without any coding knowledge whatsoever access their platform!

#13: A great CRM (customer relationship management) software like HubSpot or Salesforce to keep track of your sales team’s outreach efforts, managing leads, organizing contacts, and maintaining relationships with current customers

CRM software is a great tool for managing your sales team’s outreach efforts. It can be used to manage leads, organize contacts, and maintain relationships with current customers. There are many different CRM solutions available that you can choose from depending on what features you need most in order to run your business smoothly. HubSpot and Salesforce are two popular CRM solutions that offer easy-to-use platforms for managing any type of business or organization online (including small businesses).

Conclusion

The tools and strategies we’ve outlined here will help you build a strong digital presence, as well as grow your business. As we mentioned earlier, it’s important to stay on top of trends in order to be ahead of your competitors—and this is where Google Analytics comes into play. If you use this tool effectively, it can provide insights into how people are interacting with your website or app and help improve user experiences across all platforms (not just mobile).

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Cybercrime on the Rise; What does 2023 hold for us https://techeconomy.ng/cybercrime-on-the-rise-what-does-2023-hold-for-us/ https://techeconomy.ng/cybercrime-on-the-rise-what-does-2023-hold-for-us/#respond Fri, 30 Dec 2022 09:28:42 +0000 https://techeconomy.ng/?p=92413 Human behaviour, cloud security, legal systems, others are factors to help battle cybercrime

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Earlier this year, it was predicted that cybercrime will rise to new levels of sophistication with the dynamism in innovation.

Gradually into the year, the United Nations reported a 600% increase in cybercrime from the pandemic year to July 2022; imagine the increase now!

This rate is expected to increase by 2023, but new technologies are being created to combat hackers better than ever before.

Several organisations have also put in effort to battle this challenge, including Kaspersky’s threat intelligence data shared with INTERPOL to contribute to its Africa Cyber Surge Operation (ACSO), outlining recommended actions to be taken by the national authorities.

Cybercrime costs the world’s economy billions of dollars, and it’s a global threat to national security, individual security and business.

To ensure predictions of its rise do not come to be, let’s take a look at some of the most important things we can do today to prepare for this looming crisis:

Human Behavior

Human behaviour is the main cause of cybercrime. We are the weakest link in the security chain and have been for a long time. Cybercriminals look for ways to exploit human behaviour and we need to be aware of this fact before they can do it successfully.

It’s not just about stealing your personal information, identity or money; it’s also about getting access to your system so that you lose control over important data like customer lists and pricing structures which could lead them down a path of making more money off your company than what they initially started out with!

Cloud Security

Cloud security is a growing concern for businesses, government agencies and individuals alike. It’s not just the fact that cloud services are becoming more ubiquitous—which means they’re accessible from anywhere at any time—it’s also because there’s no way to enforce security if your user doesn’t want to comply with it.

Cloud computing has become so popular because it allows users to access their data easily, without having to worry about storing it locally or keeping up with backups. But this convenience comes at a cost: data can be accessed by anyone who has access to the server hoster’s network infrastructure, meaning hackers could potentially steal personal information from your accounts without you knowing about it until long after the damage has been done (and too late).

Legal System

The legal system needs to be updated to keep up with the pace of technology. New laws need to be passed, as well as more training for law enforcement personnel. Also, it’s important that we have a way of prosecuting cybercriminals in other countries without having our own laws violated by them.

In addition to these changes in the legal system (and many others), there are other ways we can improve our ability to fight cybercrime:

Social Networking Sites

While social networking sites are a great place to find information on potential targets, they’re also a convenient place for cybercriminals to find victims. Hackers can use social media platforms like Twitter and Facebook to spread malware, phishing scams and identity theft.

The number of users on social networking sites is increasing rapidly; in fact, according to Statista research from 2015: “The number of monthly active users who use Facebook has grown by more than 2 billion people since 2012.” This means there are plenty of people that have been using these platforms in 2022, without knowing that they’re being targeted by hackers!

Cybercrime is a growing threat to businesses and individuals, but it’s also an industry that has been booming. 

At this rate, 2023 could see fewer cybercriminals as well as new technologies that can combat them—but only time will tell if these advances will keep pace with demand and put an end once and for all!

Conclusion

The future looks promising for law enforcement, but it will require a combination of new technologies and human behaviour to prevent cybercrime. As these technologies become more widely available, we can expect them to be incorporated into our daily lives.  For example, self-driving cars may soon be able to detect if someone is using them without the driver’s knowledge—and take measures against possible criminals.

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