Opeyemi Awoyemi – Tech | Business | Economy https://techeconomy.ng Tech | Business | Economy Wed, 18 Dec 2024 09:51:01 +0000 en-GB hourly 1 https://wordpress.org/?v=7.0 https://techeconomy.ng/wp-content/uploads/2025/06/cropped-256Px-32x32.png Opeyemi Awoyemi – Tech | Business | Economy https://techeconomy.ng 32 32 Host Africa to Acquire Nigeria’s GO54 https://techeconomy.ng/host-africa-to-acquire-nigerias-go54/ https://techeconomy.ng/host-africa-to-acquire-nigerias-go54/#comments Tue, 17 Dec 2024 15:51:29 +0000 https://techeconomy.ng/?p=149737 Host Africa, a South African digital infrastructure provider, has announced plans to complete the acquisition of GO54, a Nigerian web hosting and domain registration company. 

The acquisition, which includes intellectual property, contracts, equipment, and other assets, is part of Host Africa’s strategy to expand its operations in Nigeria.

The deal, structured as a Sale of Asset Agreement, will see GO54’s assets transferred to Host Africa Nigeria Limited, a subsidiary registered in October 2024. This enables Host Africa to deliver web hosting, cloud services, and domain registration solutions in the country.

The acquisition aligns with Host Africa’s vision to establish itself in Nigeria’s growing digital services market. Regulatory filings reveal that the decision was influenced by GO54’s steady revenue growth, diverse customer base, and broad product offerings.

Host Africa plans to change the acquired assets into an affordable digital platform serving individuals, enterprises, and corporations.

The Federal Competition and Consumer Protection Commission (FCCPC) has endorsed the transaction, describing it as beneficial to Nigerian consumers. According to the FCCPC, the investment will foster local tech talent and boost online adoption across the country.

Formerly known as WhoGoHost, GO54 underwent a rebranding in March 2024 to reflect its pan-African aspirations.

With over 13,000 hosting accounts and 25,000 active domains, the company has been a leader in Nigeria’s web hosting space since its founding in 2006 by Opeyemi Awoyemi.

The rebranding aimed to position the company for expansion beyond Nigeria, with the name “GO54” symbolising a focus on enabling online business solutions across Africa’s 54 countries.

In recent years, GO54 has also pursued acquisitions to strengthen its market presence, including the purchase of iHost Africa, TheExpertHost, and Sendchamp.

Host Africa, led by its founder Michael Osterloh, is renowned for its expertise in cloud server solutions. Headquartered in Cape Town, the company has successfully expanded its footprint across Africa through strategic acquisitions.

This is not Host Africa’s first entry into Nigeria. The company previously acquired DomainKing in 2021 and Naijawebhost in 2024. Beyond Nigeria, Host Africa has expanded into East Africa, acquiring Kenyan hosting provider Sasahost in December 2023.

With the GO54 acquisition pending regulatory approval, Host Africa aims to strengthen its place in Nigeria’s digital sector, leveraging its expertise to meet the growing demand for online services.

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EXCLUSIVE: WhoGoHost Rebrands as GO54 https://techeconomy.ng/exclusive-whogohost-rebrands-as-go54/ https://techeconomy.ng/exclusive-whogohost-rebrands-as-go54/#respond Tue, 05 Mar 2024 10:30:25 +0000 https://techeconomy.ng/?p=126544 WhoGoHost, a top web hosting and domain registration company in Nigeria has rebranded as GO54, Techeconomy can report

For 17 years, WhoGoHost has been SMEs trusted partner in navigating the online world, providing users with tools and support to build their digital presence.

Founded by Opeyemi Awoyemi in 2006, WhoGoHost made it first acquisition with iHost Africa in 2016. It was also reported that the company acquired TheExpertHost, another Nigerian hosting company founded in May 2008 by Dennis Isong in the same year (2016).

It also acquired Sendchamp in September 2023.

WhoGoHost has established itself as the largest web hosting company in Nigeria with over 13,000 hosting account and more than 25,000 active domains.

In an email to the clients, Toluwani Adejuyigbe, the chief executive officer, GO54, said that the digital landscape is constantly evolving, and today, “we’re thrilled to announce a bold step forward that reflects our commitment to keep exceeding your expectations.

Adejuyigbe is also the co-founder and CEO of Brompton Industries, a long-term holding company that acquires control-themed stakes in internet, software and technology-enabled companies.

Speaking further about the renewed vision with GO54, he said, “As GO54 is more than just domains and hosting. We’re your one-stop shop for navigating the complexities of the online world, offering:

  • AI-powered website builders (ready-to-go websites in 10 seconds!)
  • Local cloud hosting
  • Email marketing
  • Bulk SMS services
  • Link-in-bio pages
  • Custom payments links as a sub-domain

“We’ve simplified things, making your digital journey more accessible and impactful than ever before”.

Why GO54?

Adejuyigbe, said that as a a vibrant brand built for the future, GO54 as the new identity reflects the dynamic energy and commitment to constant innovation.

“Seamless simplicity: We believe technology should be easy to use. GO54 simplifies complexity, giving you the power to focus on what matters most: achieving your goals.

“Unwavering commitment: Our mission remains the same: to empower individuals and businesses like yours to thrive online. GO54 represents our ongoing promise to provide you with the tools, support, and security you need to succeed.

What does this mean for you?

“As a valued WhoGoHost customer, you’ll experience a seamless transition to GO54. Your existing services and accounts will remain uninterrupted, and you’ll enjoy all the benefits of our expanded offerings with the same high level of dedication and support.

“We’re confident that GO54 will be your trusted partner on your continued digital journey. We invite you to explore our new website,GO54.com, to discover the exciting possibilities that await you”, the GO54 CEO said.

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Remedial Health Accepted into Y Combinator, Raises $1m pre-seed https://techeconomy.ng/remedial-health-accepted-into-y-combinator-raises-1m-pre-seed/ https://techeconomy.ng/remedial-health-accepted-into-y-combinator-raises-1m-pre-seed/#respond Mon, 14 Feb 2022 15:39:21 +0000 https://techeconomy.ng/?p=67966 Remedial Health has announced its acceptance into the Winter 2022 cohort of Silicon Valley’s Y Combinator accelerator and its $1,000,000 pre-seed funding to drive the digitisation of Africa’s pharmaceutical sector. 

Remedial Health is on a mission to build tech-enabled, pharmacy-centred healthcare networks across the continent. The funds, as well as its participation in Y Combinator, will accelerate the fruition of its goal. 

We are not only making it easier for neighbourhood pharmacies and PPMVs (patent and proprietary medicine vendors) to access affordable and authentic medicines from leading manufacturers. We are also rolling out our PMR (patient medical records) platform that will make them more efficient and profitable, and give them access to consolidated data on customers to support the delivery of better healthcare services across the continent,” Remedial Health wrote.

Transforming Africa’s pharmaceutical sector with technology solutions

In Africa’s $45 billion pharmaceutical industry — projected to reach $70 billion by 2030, PPMVs are responsible for 80 percent of sales. They are basically businesses without a trained pharmacist that sell pharmaceutical products on a retail basis for-profit and they provide the main source of medicines for many common illnesses. 

However, they have to navigate an opaque supply chain and a fragmented marketplace to access the stock they need for their stores which can make them very unprofitable. 

This also means manufacturers have limited visibility into their performance, leading to inefficient decision making on forecasting, production and distribution.

Remedial Health has created a digital procurement platform that makes it possible for store owners to source all the medicines, consumables and small medical devices for their practice via a mobile app or mobile responsive web store at open-air medicine market prices and have them delivered within 24 hours. All products are vetted before distribution to verify their authenticity.

The startup’s proprietary Patient Medication Records and Inventory Control (PMR) software, Remedial Rx also enables these store owners to build and access a consolidated database of customer information that will drive the delivery of improved healthcare services across the continent. 

With our platform, it will be easier to make informed decisions on which products are best suited to a customer based on their medical history. It will also enable us to provide consolidated, real-time data on market behaviour to manufacturers for increased profitability and better decision-making across the value chain.”

Remedial Health’s PMR platform helps pharmacies and PPMVs manage their inventory and day-to-day operations so that they can focus on patient care. 

The healthtech has also incorporated a Buy-Now-Pay-Later service which means store owners can stock up and maximise the sales opportunities available to them. They only pay after the stock has been dispensed to customers.

Pharmacies and PPMVs have been the frontline of healthcare in Africa for many years and Remedial Health is innovating for them and connecting them more effectively to manufacturers, ensuring that their data is reflected more accurately in decision making across the pharmaceutical value chain.

We are starting in Nigeria but this is just the beginning. We are just getting started on our mission to drive the digitisation of Africa’s pharmaceutical sector.”

Appreciating its investors, Remedial Health wrote: “We want to thank our investors Global Ventures and Ventures Platform, as well as Ingressive Capital, Voltron Capital, Flutterwave’s Olugbenga “GB” Agboola, Victor Asemota, Opeyemi Awoyemi’s (Jobberman co-founder) Angel Syndicate Fund and other investors that participated in this round.”

We are also looking forward to the support and network of partners that Y Combinator will expose us to, and the impact it will have on our business.”

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AltSchool raises $1,000,000 to birth more technical and soft skills in Nigeria https://techeconomy.ng/altschool-raises-1000000-to-birth-more-technical-and-soft-skills-in-nigeria/ https://techeconomy.ng/altschool-raises-1000000-to-birth-more-technical-and-soft-skills-in-nigeria/#respond Tue, 01 Feb 2022 14:45:56 +0000 https://techeconomy.ng/?p=67203 Nigeria’s AltSchool has raised $1,000,000 in pre-seed funding to scale its efforts in technical and software skills training. 

The investment will enable AltSchool to build its content and curriculum, technology infrastructure and community concept, where students will meet offline to network and learn together.

Founded by Adewale Yusuf, Akintunde Sultan and Opeyemi AwoyemI, AltSchool enables thousands of individuals make money via marketable skills rather than banking on degrees all the time.

Leveraging its digital platform, AltSchool provides a curriculum to improve and upskill individuals without technical skills, helping them gain these soft skills while partnering with higher institutions to provide diploma certificates within a short and effective period. All that’s needed to participate in the programme is a high school certificate and computer literacy.

The programme provides new applicants with a home study kit in preparation for an assessment test. Those admitted into the school, meeting a pass mark of 85%, will take a software engineering course with three tracks: frontend engineering, backend engineering and cloud engineering. In the one-year programme, students take classes for nine months – three semesters, followed by a three-month internship at local tech companies to gain experience.

Those who do not get admitted into its programme are not left out. AltSchool gives them access to the platform’s first-semester content for free and practice. If they stick to the end of the three-month curriculum, AltSchool will provide avenues for them to complete the entire nine-month programme.

In AltSchool’s pipeline are courses on product, blockchain and data. It intends to launch the product modules, including product management, marketing and design, by Q2 this year. The company is also exploring B2B partnerships with private schools in Nigeria and Africa, using AltSchool’s curriculum in their classes.

So far, more than 8,000 people have applied (the application fee is ₦10,000, almost ~$20) to participate in AltSchool’s software engineering program, which starts in April. These applications came from 19 countries (including 14 African countries) and Yusuf said the company received the most entries from Nigeria, Ghana, Uganda, Kenya and Botswana.

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