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Business

Guinness Nigeria CEO Attributes Strong 2026 Start to Operational Efficiency, Localised Decision-Making

The Managing Director/CEO of Guinness Nigeria Plc, Girish Sharma...

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Guinness Nigeria Sweeps 7th Edition of The Industry Awards, Named Most Outstanding Company in Sustainability

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Guinness Nigeria: N1tn Market Capitalisation Signals Strong Investor Confidence, Sustained Value Creation

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ICT

Konga Partners Verve to Delight Customers with Free Shopping Vouchers

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NCC Spotlights Renewable Energy on World Consumer Rights Day

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Governors, NCC Set for Broadband Awareness Forum Oct 20

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VerveLife 5.0 Gears Up for Nairobi, Lagos Events

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Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

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Capital Market

NGX Shareholders Commend Leadership at 65th AGM, Seeks Continued Growth

Shareholders of Nigerian Exchange Group Plc (NGX Group) have...

NGX Group Commends Happy Woman Digital Platform Initiative, Seeks Partnership

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Nigeria’s Reforms Driving Strong Domestic Capital Mobilisation, Says NGX Group CEO

The Group Managing Director/Chief Executive Officer of Nigerian Exchange...

Insurance

CIIN Unveils Programme for Insurance Week 2026

The Chartered Insurance Institute of Nigeria (CIIN) has rolled...

Mutual Benefits Bags Double Honours at 2026 NIA Awards Ceremony

Mutual Benefits Assurance Plc has recorded a significant milestone...

Mutual Benefits Restates Commitment to Responsible Corporate Practice

Mutual Benefits Assurance Plc has reaffirmed its long-standing commitment...

emPLE Nigeria Paid over N7bn Claims to Support Individuals, Families, Businesses in 2025

emPLE, one of Nigeria’s rapidly growing insurance companies, has...

Sovereign Trust Insurance Set for Market Leadership via N5bn Rights Issue

Sovereign Trust Insurance Plc has completed the structuring phase...

Business

Guinness Nigeria CEO Attributes Strong 2026 Start to Operational Efficiency, Localised Decision-Making

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Guinness Nigeria Sweeps 7th Edition of The Industry Awards, Named Most Outstanding Company in Sustainability

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Guinness Nigeria: N1tn Market Capitalisation Signals Strong Investor Confidence, Sustained Value Creation

Guinness Nigeria Plc has achieved a landmark milestone, surpassing...

ICT

Konga Partners Verve to Delight Customers with Free Shopping Vouchers

  Konga, Nigeria’s leading composite e-commerce platform has partnered with...

NCC Spotlights Renewable Energy on World Consumer Rights Day

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Governors, NCC Set for Broadband Awareness Forum Oct 20

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VerveLife 5.0 Gears Up for Nairobi, Lagos Events

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Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

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Capital Market

NGX Shareholders Commend Leadership at 65th AGM, Seeks Continued Growth

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The Group Managing Director/Chief Executive Officer of Nigerian Exchange...

Insurance

CIIN Unveils Programme for Insurance Week 2026

The Chartered Insurance Institute of Nigeria (CIIN) has rolled...

Mutual Benefits Bags Double Honours at 2026 NIA Awards Ceremony

Mutual Benefits Assurance Plc has recorded a significant milestone...

Mutual Benefits Restates Commitment to Responsible Corporate Practice

Mutual Benefits Assurance Plc has reaffirmed its long-standing commitment...

emPLE Nigeria Paid over N7bn Claims to Support Individuals, Families, Businesses in 2025

emPLE, one of Nigeria’s rapidly growing insurance companies, has...

Sovereign Trust Insurance Set for Market Leadership via N5bn Rights Issue

Sovereign Trust Insurance Plc has completed the structuring phase...

UN Report: Local Software Can Spur Development in Africa

Local software production and development can spur economic growth in Africa and other developing economies, says a report by the UN Conference on Trade and Development.
The ‘Information Economy Report 2012’ shows that information and communications technology (ICT) software and services are dominated by the developed world but developing economies are catching up.
It says that piracy, poor ICT infrastructure and inadequate protection of intellectual property rights are some of the major challenges hindering ICT software development and service expansion in developing regions such as Africa.
However, for Africa and the Middle East the biggest challenge to the software industry is limited access to venture capital.
The report urges governments in developing countries – significant buyers of software – to help the software sector by putting in place policy measures to facilitate the development of affordable ICT infrastructure and introducing legal frameworks to protect intellectual property rights.
Enhanced access to ICTs in developing countries is widening opportunities in areas including health, education, governance and business creation and expansion, according to the report.
“Software production can contribute to the structural transformation of economies – that is, wean them away from dependence on low-technology goods and on a limited number of products for export,” the report states.
Kenya and South Africa top the continent in supplying software and services for domestic consumption, with areas of focus being smartphones and tablets, as well as mobile applications driven by mobile broadband Internet services.
“Software development is strategic for Africa’s development as it offers a lot of opportunities,” said Aida Opoku-Mensah, Director of the ICT and Science & Technology Division of the UN Economic Commission for Africa (UNECA), at the launch.
“Adapting software to local contexts helps firms to manage resources better, obtain information more efficiently and [set up] cost-effective business operations,” she said.
Software development in African nations also creates market opportunities for developers and boosts learning, innovation and job creation in those countries, she explained.

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Topics

Ecobank Named ‘Best Retail Bank in Nigeria 2020’ – Asian Banker Awards

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Emerald Zone to Empower Preteens, Teenagers with Coding Skills in August

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How Fortune Ran Out for Nigeria’s Goodluck Jonathan

Nigerian President Goodluck Jonathan makes a declaration in front of supporters at a ceremony in Abuja on November 11, 2014. Goodluck Jonathan’s rise to the top of the pile in Nigeria’s ruthless political world has been described as accidental -- a matter of good luck. But the amazing run of coincidence and chance that brought the son of a canoe-maker to the Presidential Villa in the capital, Abuja, seems to have come to an end.

Dettol Nigeria Support Better Hygiene During Breastfeeding

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