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Stakeholders Gear up for 2nd Coworking Confab in Lagos
By Dipo Olowookere
On Thursday, July 26, 2018, policymakers, entrepreneurs, investors, service providers, the media and coworking space operators will gather at the IMAX Filmhouse in Lekki, Lagos for the second coworking conference.
Organisers of the event, Venia Business Hub, explained that the Coworking Conference 2018 is aimed at connecting the dots on how coworking, co-creation, collaboration and technology are spurring innovation, entrepreneurship, wealth and job creation while charting the course for a new economy and the future of work.
It was disclosed that pre-qualified entrepreneurs, freelancers, service providers and investors can attend the event, which is sponsored by Access Bank Plc, for free.
The theme for this year’s event, according to the organisers, is ‘Coworking: The Catalyst for Innovation.’
Those pencilled down to speak at the conference include Dr Omobola Johnson, Partner at TLCom and former Honourable Minister of Communication Technology; Iyin Aboyeji of Flutterwave, Africa’s leading payment platform; Kola Aina, Chairman, Ventures Park, and Ola Brown of Greentree Investment Company.
“We are happy to see various stakeholders embracing coworking and leveraging on its possibilities to drive entrepreneurship. LagosInnovates is one such example of the response to coworking conference and we expect to see much more exciting collaborations and initiatives by various ecosystem enablers,” said Kola Oyeneyin, CEO, Venia Business Hub and Creator, Coworking Conference Nigeria.
“Access Bank is recognised as a leading Bank in driving digital banking and fintech innovation in Africa. We seek to create new opportunities in emerging markets by providing a platform designed to inspire and challenge innovators and entrepreneur.
“As such, we have partnered with Coworking Conference Nigeria and leveraged on our global platform to further foster innovation, drive entrepreneurship as well as economic development,” stated Victor Etuokwu, the Executive Director of the Personal Banking Division, at Access Bank.
With an annual growth rate of 24.2 percent, coworking is an emerging phenomenon that is shaping the entrepreneurial ecosystem globally with new coworking spaces popping up in most major cities. It is predicted that by 2022, there will be over 30,432 coworking spaces with over 5.1 million coworking members.
In Africa alone, over 250 coworking spaces have sprung up just within a decade. Interestingly, 80 percent of these spaces were established in the last four years.
Since its inception in Nigeria a few years ago, the coworking movement has continued to gain momentum, with a surge in the number of coworking spaces across the country, especially in the city of Lagos.
The country’s entrepreneurial ecosystem has seen a fundamental shift since the emergence of coworking and tech hubs, with many leading startups like Taxify, Flutterwave, Branch Int’l, and AutoGeni tracing the start of their journeys to coworking spaces.
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British Council Hosts Going Global Africa Conference in Abuja
The British Council, a UK-based organization dedicated to fostering cultural relations and educational opportunities, hosted the Going Global Africa Conference 2024.
The event, which took place from November 26 to 28 at the Transcorp Hilton Hotel in Abuja, was themed Building Sustainable and Relevant Tertiary Education Institutions and Systems in Africa.
It brought together policymakers, academics, industry leaders, and youth advocates to address critical issues in tertiary education across the continent.
At the opening session, which spotlighted youth aspirations and actionable strategies to bridge the gap between tertiary education and workforce demands, the Minister of Education, Mr Olatunji Alausa, unveiled the Nigerian Educational Sector Renewal initiative, a six-pillar agenda aimed at modernising the education system.
The session, titled The Future is Now: Realising the Vision of Africa’s Youth, was used by him to emphasised the importance of STEM and vocational training.
According to him, one of his takeaways from the opening plenary session is starting up student-led ventures, a good initiative the government would take on.
Throughout the three-day event, critical sessions explored the role of partnerships and innovation in strengthening tertiary education.
Another session titled Maximising Impact through Tertiary Education Partnerships, chaired by Prof. Sir Steve Smith, examined frameworks for sustainable education partnerships.
Also, at another session, Transitioning to the World of Work, led by Femi Taiwo, Founding Partner of F.I.T. Africa, delved into career-readiness strategies and the systems required to prepare graduates for industry demands.
Contributors such as Prof. Colin Riordan from the Association of Commonwealth Universities and Ms. Nadia Waggie from the University of Cape Town enriched these discussions with their expertise.
The conference also included a variety of focused sessions and panels, such as Learning Labs on technology integration, employability, and international research partnerships. Discussions highlighted access to education for marginalized groups, including women and persons with disabilities, with sessions such as Disability Inclusion in Tertiary Education led by Prof. Tracy Bhamra and featuring disability rights advocates.
Business Post reports that the conference coincided with the British Council’s 80th anniversary in Nigeria, celebrating decades of impactful partnerships in education.
“Hosting this conference in Sub-Saharan Africa underscores our commitment to fostering sustainable partnerships and innovation in education,” the Regional Director for Sub-Saharan Africa at the British Council, Lucy Pearson, remarked.
The event concluded with a renewed commitment to bridging the skills gap in Africa’s tertiary education.
The Acting Country Director for the council, Chilufya Besa, said, “By bringing together industry stakeholders, we have made significant progress in aligning education with workforce needs.”
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Thailand Gifts Nigeria 32-Tonne Rice Shipment to Tackle Food Crisis
By Adedapo Adesanya
Nigeria has received a 32-tonne shipment of rice from Thailand as part of foreign relief to tackle escalating hunger and food insecurity.
The shipment, the first of its kind in a decade, has arrived in Lagos, according to DUCAT, the logistics company that facilitated its delivery.
The rice from Thailand was exported following Nigeria’s decision to implement a tariff moratorium on wheat, corn, rice, and other food crops last year, DUCAT revealed.
Although the duty waiver was introduced, purchases have largely been cautious, driven by concerns about its potentially harmful impact on local producers.
“Nigeria has been working hard to find solutions to broaden and strengthen its food supply accessibility,” DUCAT Chief Executive Officer, Mr Adrian Beciri said in a statement.
Several months ago, Nigeria unveiled a set of measures to combat soaring food inflation, which is rising at its fastest rate in three decades.
According to the last inflation update, food inflation reached 39.93 per cent year-on-year in November from 39.16 per cent the previous month in October 2024, caused by price rises for staples such as rice, maize, bread, potatoes and cooking oil.
Inflation quickened sharply in the second half of 2023 after President Bola Tinubu devalued the Naira and cut petrol and electricity subsidies to try to lift economic growth and shore up public finances.
Inflation has still not let up as it remained at 34 per cent as of November.
Many of the policies have failed to materialise including a 180-day window to allow duty-free imports of wheat, corn, and other critical food crops— a move promised would crash food prices.
A survey of market prices by Business Post indicates that food prices remained elevated during the last Christmas period.
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JUST IN: Lagos Assembly Lawmakers Impeach Obasa as Speaker
By Dipo Olowookere
The Speaker of the Lagos State House of Assembly, Mr Mudashiru Obasa, has been impeached by members of the legislative arm of government.
Mr Obasa was removed from office on Monday after a motion for this was moved by one of the lawmakers.
The Assembly has now elected Ms Mojisola Meranda, a member representing Apapa I Constituency, as the new Speaker.
This action is coming amid allegations of fraud against Mr Obasa, who is from the Agege constituency.
It has been speculated that Mr Obasa got into political trouble because of his alleged interest in the governorship position in 2027.
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