Tag Archives: Nigerian

Nigeria’s Heat Crisis Is Fueling a New Wave of Startups

LAGOS, Nigeria, 29 April 2026 -/African Media Agency(AMA)/ – As heat intensifies across Nigeria, a new cohort of ventures is developing solutions to protect crops, reduce food spoilage and livestock losses, and equip hospitals and outdoor workers to anticipate and withstand extreme conditions.

BFA Global, FSD Africa, ClimateWorks Foundation, and the UK’s Foreign, Commonwealth & Development Office (FCDO) Nigeria have selected 10 early-stage ventures to join the inaugural cohort of the TECA Heat Action Wave (THAW) program focused on accelerating solutions to extreme heat.

The 10 selected ventures are:

  • Ofemini Global Limited provides a heat-resilient logistics platform that helps farmers transport perishable goods efficiently, reducing spoilage caused by extreme temperatures through optimized routing and heat monitoring.
  • Agiletech Operations Consulting Limited provides a hyperlocal early-warning system that delivers climate and heat alerts through accessible channels, enabling farmers and micro-entrepreneurs to anticipate risks and take preventive action.
  • Emplaris develops a predictive energy and heat-risk intelligence system for healthcare facilities, helping hospitals anticipate outages and manage equipment stress during extreme heat events.
  • Doorcas Africa delivers an AI-powered livestock health and co-ownership platform that enables early disease detection and prevention, helping farmers reduce heat-related livestock mortality and improve productivity.
  • Farmxic offers an AI-driven soil and crop diagnostics platform that helps farmers adapt to heat-induced soil degradation and crop stress through real-time insights and personalized recommendations.
  • Farm Fresh Grocery Ltd. builds a climate-resilient agricultural system combining heat-adaptive beekeeping, herb production, and consumer products to stabilize yields and supply under rising temperatures.
  • Farmslate Technologies Limited provides a climate intelligence platform that translates satellite and weather data into actionable insights, enabling farmers and financial institutions to manage heat-related risks and improve decision-making.
  • Let-It-Cold offers a solar-powered, portable cooling solution that helps small businesses and households preserve perishable goods during extreme heat and power outages.
  • Pod develops a climate-resilient sanitation system that prevents failure and contamination in heat- and flood-prone environments through on-site treatment and water reuse.
  • TheHyWing Ltd provides a climate-smart digital health platform that combines heat alerts, AI diagnostics, and telemedicine to prevent heat-related health risks among outdoor workers and vulnerable populations.

Together, the ventures address some of the most immediate and under-addressed impacts of extreme heat across Nigeria, including food spoilage and cold chain gaps, heat-induced soil degradation and crop stress, livestock disease and productivity loss, health risks for outdoor workers, and system failures in energy, healthcare, and sanitation infrastructure. They range from early-stage concepts to minimum viable products, reflecting both the urgency of the problem and the early development of solutions in this emerging space.

The cohort reflects a growing innovation ecosystem across Nigeria, with ventures operating in multiple regions. The companies are based in Lagos, Kaduna, and Edo States. This geographic spread underscores the breadth of climate innovation emerging across the country and reinforces TECA’s commitment to supporting founders building locally relevant solutions nationwide.

Selected from a competitive pool, the ventures will each receive $56,000 in funding along with hands-on venture-acceleration support, including user validation, product development, business model design, and investor readiness. Each team will work with embedded venture builders and technical experts to accelerate their path to scale. Six of the ten selected ventures have a female co-founder.

“Extreme heat is rapidly becoming one of the biggest operational risks facing African economies, yet it remains dramatically underinvested,” said Tyler Ferdinand, TECA Director at BFA Global. “Through TECA’s Heat Action Wave, we’re backing entrepreneurs building the tools, services, and financial products that will allow people, businesses, and cities to function in a hotter world. Our goal is not only to support these ventures but to prove that climate adaptation can become a powerful new investment frontier.”

Juliet Munro, Director, Early Stage Finance, at FSD Africa, said: “If climate adaptation finance is going to scale in Africa, it has to be grounded in real, investable solutions. This group of innovators tackling extreme heat is important because it shows what those solutions look like in practice, and that’s what gives markets the confidence to follow. At FSD Africa, our role is to help turn early innovation like this into something markets can actually back.”

“The cost of inaction on climate change is growing, as over 70% of workers around the world are at risk from deadly extreme heat. At the same time, momentum for adaptation is growing, as we see both more funding and more innovation. These new business ventures are strong, community-led solutions that can accelerate resilience in Nigeria and more broadly in the West African region,” said Jessica Brown, Senior Director of Adaptation and Resilience at ClimateWorks Foundation.

“Responding to climate change is central to Nigeria’s future growth and resilience. The UK is excited to support this cohort of ambitious Nigerian businesses developing transformative solutions to extreme heat. TECA’s Heat Action Wave is part of a broader UK partnership with Nigeria that backs private sector–led innovation, creates jobs, and drives shared prosperity for both our countries as we transition to a greener economy,” said Temi Akinrinade, Foreign, Commonwealth & Development Office, Nigeria.

The program will run through 2026, culminating in demo days and investor engagement opportunities, with follow-on support available for top-performing ventures.

Distributed by African Media Agency (AMA) on behalf of BFA Global

About BFA Global
BFA Global is an impact innovation firm that combines research, advisory, venture building, and investment expertise to build a more inclusive, equitable, and resilient future for underserved people and the planet. We partner with leading public, private and philanthropic organisations, global and local, to catalyse innovation ecosystems for impact across emerging markets. Since 2006, we have completed 646 projects completed in over 107 countries, supported 250+ ventures in Africa, Latin America, and Asia, who have collectively raised $1B+ in follow-on funding, and have a survival rate above 80% (global average is ~20%), and built a network of 100+ global and African investors, innovators, and funders. Learn more at https://bfaglobal.com/.

About FSD Africa
FSD Africa is a specialist development agency funded through UK Development operating in more than 30 countries working to help make finance work for Africa’s future. Based in Nairobi, FSD Africa’s team of financial sector experts work alongside governments, business leaders, regulators, and policymakers to achieve policy and regulatory reform, capacity strengthening, and improving financial infrastructure, to address systemic challenges in Africa’s financial markets. Since 2017, the organisation’s strategy has evolved to prioritise solutions to Africa’s most critical challenges: economic, social, and environmental. The organisation has worked to promote investment into the continent’s green economy, as well as its rates of financial inclusion and gender equality. FSD Africa – previously known as Financial Sector Deepening Africa – was founded in 2012 and is based in Nairobi, Kenya. For more information, please visit:https://www.fsdafrica.org

About ClimateWorks Foundation
ClimateWorks Foundation is a catalyst for accelerating climate progress, driving bold solutions that benefit people and the planet. We connect funders and implementing organizations worldwide to create and scale transformative solutions across sectors and geographies, achieving faster, greater impact together. Since 2008, ClimateWorks has granted over $2 billion to more than 850 grantees across 50 countries, working alongside 80 funders.

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Boxer Anthony Joshua Breaks Silence After Tragic Car Crash Killed 2 ‘Close Friends’

Pro boxer Anthony Joshua has broken his silence after a tragic car crash in Nigeria killed two of his friends and sent him to the hospital.

Joshua posted two photos via Instagram on Sunday, January 4, with the caption “My Brothers Keeper ❤️🪖❤️” as a tribute to his two friends, Sina Ghami and Latif Ayodele, who died in the accident.

The crash occurred on Monday, December 29 when Joshua, 36, was driving on the Lagos–Abeokuta Expressway in Nigeria, the country’s busiest highway.

At the time of the incident, local police confirmed to the BBC that Joshua was “fine,” despite experiencing some minor injuries.

Anthony Joshua’s ‘Close Friends’ Killed in Car Crash That Sent Him to Hospital

Several photos shared on social media appear to show a shirtless Joshua being removed from the vehicle.

An eyewitness statement shared with a Nigerian outlet claimed that Joshua was “seated behind the driver” at the time of the accident and there was “another person beside him” in the vehicle.

Later on Monday, Matchroom Boxing confirmed in a statement that the two victims in the vehicles were Ghami and Ayodele.

“With profound sadness it has been confirmed that two close friends and team members Sina Ghami and Latif Ayodele have tragically passed away,” Matchroom Boxing said in a statement.

Joshua was taken to a hospital after the accident.

“He is in stable condition and will remain there for observation,” the statement added. “Our deepest condolences and prayers are with the families and friends of all those affected — and we ask that their privacy is respected at this incredibly difficult time. No further comment will be made at this time.”

Ghami was the founder of Evolve Gym and worked closely on strength and conditioning with Joshua. His final social media post was uploaded last month, showing him working on Joshua’s body before the pro athlete’s December 19 boxing match against Jake Paul.

GettyImages-2252120541-Jake-Paul-Knocked-Out-By-Opponent-Anthony-Joshua-in-Heated-Boxing-Clash.jpg
Jake Paul and Anthony Joshua. (Photo by Giorgio VIERA / AFP)

Ayodele was a trusted friend of Joshua’s and worked as his personal trainer. Joshua’s final social post before the crash showed the friends playing table tennis together.

Joshua is a former two-time heavyweight champion, who most recently knocked out Paul, 28, in their highly anticipated matchup, which streamed on Netflix from the Kaseya Center in Miami.

Jake Paul Knocked Out By Opponent Anthony Joshua in Heated Boxing Clash

The match-ending blow, which ultimately broke Paul’s jaw, came after the influencer appeared to taunt Joshua by sticking out his tongue.

“It wasn’t the best performance. It wasn’t the best,” Joshua admitted after the win. “The end goal was ‘pin Jake Paul down and hurt him.’”

Joshua has been boxing since he was 18. He earned the gold medal at the 2012 London Olympic Games representing Great Britain. He’s held the unified world heavyweight championship belt twice in his career, first from 2017 to 2019, then again from 2019 to 2021.

“My mind is filled with a different kind of pain. Just the stuff I want to do to my opponents. I want to compete. I want to fight. I want you to hit me. Then, I am going to hit you back 10 times harder,” he told Daily Mail Sports earlier this month. “I just want to compete and that’s where my mind is.”

TECNO and CAF Elevate Dream On The Field to New Heights with “Future Star of Africa” Youth Sponsorship Initiative

Groundbreaking partnership transforms pitch renovation program into comprehensive talent development platform, offering long-term support for promising U12-15 players across African nations.

RABAT, Morocco, 29 December 2025/African Media Agency (AMA)/ – TECNO, the Official Global Partner of the Total Energies CAF Africa Cup of Nations (“AFCON”) Morocco 2025, today unveiled a major evolution of its flagship football charity program of DreamOnTheField with the launch of TECNO x CAF “Future Star of Africa” initiative. The announcement represents a pivotal moment in the partnership between TECNO and the Confederation of African Football, expanding beyond infrastructure investment to direct youth talent development.

This launch exemplified the TECNO x CAF partnership’s commitment to community engagement and transparency. TECNO executives joined CAF Secretary General Véron Mosengo-Omba, football legends Yaya Touré and Ahmed Hassan, Nigerian artist and TECNO Power Moment Featured Artist Joeboy, along with customers and key opinion leaders to witness the launch.

The Dream On The Field program, which began as an infrastructure initiative, now has evolved into a holistic ecosystem for African football development. The Dream On The Field program, launched by TECNO, has already made a tangible impact across the continent with eight completed pitch renovations. Seven additional projects are currently underway in different African countries. TECNO has committed to an ambitious target: renewing 100 pitches across Africa in the coming years, creating a continent-wide network of development centers that will serve millions of young players.

Today’s announcement of TECNO x CAF “Future Star of Africa” initiative represents the natural evolution of this initiative. By combining pitch infrastructure with youth player development, the collaboration creates a complete pathway from grassroots participation to professional elite development.

“Our partnership with TECNO goes far beyond renovation, it is about building foundations for dreams,” said Hassan Elkamah, Commercial Director of CAF. “From revitalizing pitches to the launch of the Future Star of Africa initiative, we are creating pathways for the next generation.”

This initiative builds directly on the DreamOnTheField program as a new extension.The initiative will identify young male and female talents aged 12-15 in Africa, providing continuous support and development opportunities until age 18. This long-term commitment addresses a critical gap in African football development: the lack of sustained investment in promising young players during their formative years.

“At TECNO, we believe talent is universal, but opportunity is not,” Jack Guo, general manager of TECNO emphasized. “Through DreamOnTheField, we’ve built the stages. Through Future Star of Africa, we’re ensuring the performers have everything they need to shine.”

The TECNO x CAF partnership approach is deliberately holistic. The renovated pitches provide the infrastructure; the selection process provides the pathway; and the long-term sponsorship provides the sustained support that transforms potential into achievement. The collaboration extends beyond traditional corporate sponsorship. As Official Global Partner of the CAF Africa Cup of Nations Morocco 2025, TECNO has positioned itself as a long-term stakeholder in African football’s future.

The partnership leverages CAF’s unparalleled expertise in football development and governance with TECNO’s commitment to empowering Africa’s rising generation through technology and social investment. CAF will appoint lead technical scouts, senior youth development experts, to ensure professional fairness in each country, while local jury members will include national football association youth coaches, sports academics, and TECNO representatives.

“Football is Africa’s heartbeat. It unites us, inspires us, and transforms lives,” said Véron Mosengo-Omba. “With TECNO, we are not only improving facilities but also investing in talent, young boys and girls who will carry Africa’s football legacy forward.”

Through joint efforts with CAF, Players will be evaluated across comprehensive and professional criterias; the assessment framework evaluates everything from ball mastery and game reading to resilience, concentration, and leadership potential, identifying not just talented players, but future stars with the character to inspire the next generation. Selection results will remain national, with no cross-border rounds, allowing each country to recognize and develop its own talent while contributing to the broader continental vision.

The TECNO x CAF partnership continues to demonstrate that corporate social responsibility, when executed with genuine commitment and strategic vision, can create a transformative impact that extends far beyond brand recognition, building infrastructure, nurturing talent, and strengthening communities across an entire continent.

Distributed by African Media Agency (AMA) on behalf of TECNO

About TECNO
TECNO is an innovative, AI-driven technology brand with a presence in over 70 markets across five continents. Committed to transforming the digital experience in global emerging markets, TECNO relentlessly pursues the perfect integration of contemporary aesthetic design with the latest technologies and artificial intelligence. Today, TECNO offers a comprehensive ecosystem of AI-powered products, including smartphones, smart wearables, laptops, tablets, smart gaming devices, the HiOS operating system, and smart home products. Guided by its brand essence of “Stop At Nothing,” TECNO continues to pioneer the adoption of cutting-edge technologies and AI-driven experiences for forward-looking individuals, inspiring them to never stop pursuing their best selves and brightest futures. For more information, please visit TECNO’s official site: www.tecno-mobile.com.

Media Contact:
relationspresse@box-com.com

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Business titans and AI pioneers dominate New African’s “100 Most Influential Africans” 2025 List

NAIROBI, Kenya 19 December 2025-/African Media Agency(AMA)/-New African magazine has today unveiled the 2025 edition of its annual “100 Most Influential Africans” list. This year, Business and Finance overtakes the Creative category, highlighting how the continent’s dynamic business community continues to shape its agenda.

New African magazine’s annual listing of the year’s 100 Most Influential Africans celebrates the achievements and contributions of Africans from various fields and sectors who have made a positive impact on the continent and the world over the past year.

“From our feedback, this list has become more than a ranking; for many, it is life-changing recognition,” says Anver Versi, Editor of New African. “This year, we are seeing a trend of Africans articulating their own philosophical undercurrents at a time of global confusion. Whether it is in AI ethics or the arts, these individuals are reclaiming the African narrative”

Highlights from the Most Influential Africans 2025:

  • Business leaders on spotlight: Reflecting a maturing economic landscape, this section features robust survivors alongside influential new faces. Notable entries include George Elombi, the new President of Afreximbank, and Hazem Ben-Gacem, the Tunisian investor renowned for his “magic touch” in scaling global ventures.
  • AI Ownership & Sovereignty: Reflecting the times we live in, this year’s technology section is dominated by figures active in the global development of Artificial Intelligence. These leaders are developing African-specific AI solutions to tackle unique continental challenges, ensuring Africa is a creator, not just a consumer, of the “Fourth Industrial Revolution”.
  • Historic “First” in Art: The Creatives section continues strong with the second most entries. Perhaps the most notable personality in this year’s ranking is Nnene Kalu, the Nigerian-British sculptor who won the highly prestigious 2025 Turner Prize. Kalu is the first person with severe learning difficulties to win this prize, inspiring hundreds of thousands with similar disabilities to explore their capabilities.
  • Political Breakthrough in New York: A surprise inclusion is Zohran Mamdani, of Ugandan heritage, who was recently elected Mayor of New York. Given his family’s African credentials, he is seen as a key supporter for the African cause in the US.

Quick Stats:

  • 32 African Nations Represented
  • 64 Men and 36 Women listed
  • Categories in Numbers: 
    • Business 21
    • Change Makers 9
    • Creatives 19
    • Public office 15
    • Sports 13
    • Technology 8
    • Thinkers and Opinion Shapers 15
  • Top 5 Countries Represented:
    • Nigeria 21
    • South Africa 10
    • Kenya 7
    • Ghana 7
    • Tunisia 5

The full list is now available at https://100.newafricanmagazine.com/.

Read the full issue of New African here.

Distributed by African Media Agency. on behalf of NewAfrican

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Africa No Filter honours filmmakers transforming global perceptions through powerful African stories.

LAGOS, Nigeria, 27 November 2025-/African Media Agency(AMA)/-When Togolese filmmaker Angela Aquereburu created Ahoé, she wanted to tell a story that felt true to home — layered, emotional, and unmistakably Togolese. “Ahoé was made with a lot of love for our country, the people, for the stories,” Aquereburu said.

This personal mission is exactly why Africa No Filter announced her as one of the winners of the 2025 Africa Narrative Change Film Awards. Other winners include Ugandan animator Alex Musisi for Made in China: Kato’s Wire Car and Nigerian producer Dalaham Hirse for Finding Nina, a romantic drama. Each winner receives a $6,000 cash prize and a trophy.

Launched in 2023, the awards celebrate African films that challenge stereotypes, spark new conversations, and reshape how global audiences understand the continent. They form part of Africa No Filter’s mission to support and amplify storytelling that reflects Africa’s progress, innovation, and opportunity.

his year, for the first time, the public was invited to nominate films—resulting in nearly 300 submissions from across the continent and its diaspora. The winning works stood out for their creative excellence, narrative depth, and ability to guide audiences toward a fuller, more nuanced understanding of Africa today.

“We’re tired of seeing Africa reduced to problems, as if conflict, poverty, or corruption are the only stories worth telling. That’s not our truth,” said François Bouda, Arts and Culture Programme Officer at Africa No Filter. “Africa is full of beauty, complexity, humour, brilliance, and joy. These awards celebrate filmmakers who show the world what Africa really looks like. They’re expanding the continent’s cinematic footprint and its narrative power.”

“Storytelling is a great tool, especially in the northern part of Nigeria, where our stories have been misrepresented. It’s true that we have problems like insecurity, however we also ha e beautiful cultures and places…things that unite us. This is what we wanted to achieve with Finding Nina,” Dalaham Hirse said, “On behalf of myself and the entire crew: we are grateful and this is a great push. We are going to tell more stories that have a positive narrative.”

Alex Musisi said: “My team and I use animation to start conversations about issues community face. This is why Kato is deaf. When we tell our own stories we create our own narratives.” He added that the receiving the award comes when his company wants to expand into TV.

Past award recipients include Jesse Sunkwa-Mills, for the animated film Asantewaa: Battle for the Golden Stool, and Mati Diop, for her 2024 documentary Dahomey.

Distributed by African Media Agency (AMA) on behalf of Africa No Filter

About Africa No Filter
Africa No Filter is an advocacy organization dedicated to shifting stereotypical narratives about Africa by supporting storytelling that reflects a dynamic continent of progress, innovation, and opportunity. We exist because too many stories about Africa revolve around a single story of poor leadership, poverty, corruption, disease, and conflict—neglecting its more progressive realities and perpetuating the notion that the continent is broken, dependent, and lacking agency. For more information, visit www.africanofilter.org.

Enquiries:
Lerato@africanofilter.org

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Business leaders, innovators meet at SAP Innovation Day in Lagos

LAGOS, Nigeria, September 18th, 2025-/ West African business leaders, technology partners and SAP experts met in Lagos this week to explore a bold new vision for business to thrive in an increasingly competitive technology environment. 

Shiraz Khota, Managing Director: Emerging Africa at SAP, said: “Organisations across the region are leveraging the latest technologies to build a trusted foundation for AI and amplify their insights and processes to transform the way they work. From harnessing collaborative AI agents to solve complex problems and accelerate decision-making, to seamlessly connecting their entire business value chain, West Africa’s business community is gearing up to unleash their full potential powered by cloud, data and AI.”

The comments were made at SAP Business Suite Innovation Day on September 17th, a special event for SAP customers and partners to showcase how SAP Business Data Cloud and SAP Business AI come together to deliver exceptional value as part of the SAP Business Suite.

Experts from across the SAP ecosystem provided behind-the-scenes insights into the power of business AI and cloud, and how these new innovations combine powerful cloud applications with the most contextual and reliable data to enable collaborative AI agents to tackle the most difficult business challenges with confidence. 

The event also included presentations by regional business leaders who have successfully leveraged SAP technologies to accelerate growth and unlock new capabilities.

Juzar Badami, Group Head: SAP Centre of Excellence at Dangote Industries Limited, shared some insight into how the company leverages cloud technologies to power growth and drive efficiency. Dangote Industries Limited is the largest conglomerate in West Africa and one of the largest on the African continent, employing more than 30 000 people.

“Succeeding in today’s fast-paced business landscape requires strong foundations built on the latest technologies. Critical to this is a modernised enterprise resource planning landscape that enables organisations to fully leverage the power of emerging technologies, all built on a clean-core strategy that ensures the business has access to real-time, accurate data for decision-making.”

Titilayo Adewumi, Country Managing Director for Nigeria at SAP, said: “Africa’s greatest wealth lies in its people, including our fast-growing youth population. Our ability to cultivate the right mix of skills is critical to our digital transformation ambitions, especially as we rush to leverage the power of AI and cloud in our businesses.

Research conducted by SAP found that half of Nigerian businesses expected a ‘significant’ increase in demand for AI skills this year. The SAP Africa’s AI Skills Readiness Revealed report also found that 93% of Nigerian companies already experience a negative impact on their innovation capabilities due to a lack of access to AI skills. The same report revealed that West Africa was the region most likely to partner with expert third-party providers to fill the AI skills gap in their organisations.

Khota adds: “The region stands at the edge of a new era of growth and innovation powered by data, cloud and AI, and supported by a workforce geared for our emerging technologies. To ensure this collective effort succeeds, organisations need access to the right skills. While efforts at developing AI-ready skills are underway, companies should also explore ways to augment their skills base in the short term by partnering with our thriving ecosystem of expert partners and collaborators powering business transformation in the region.

Distributed by African Media Agency (AMA) on behalf of SAP Africa.

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Africa Re-Union Debuts at FNB Art Joburg: Africa Turns the Map, the Table and the Story

JOHANNESBURG, South Africa, 9 September 2025/African Media Agency (AMA)/- The Africa Re-Union, a landmark artistic initiative, is to be unveiled at the FNB Art Joburg, transforming the fair into a stage of reclamation and imagination, where art became manifesto and memory became movement. It reverses the context of the infamous 1884 Berlin Conference — where Africa was carved and divided without consent — by restoring the continent as author of its own story and architect of its own destiny.

Conceived and co-created by pan-African thinker and founder of Brand Africa, Thebe Ikalafeng, realised on canvas by South African artist Mark Modimola, and anchored in history by Professor Kwesi DLS Prah, the Africa Re-Union is not simply an artwork but a provocative declaration to reimagine the African story and history.

The monumental 3m x 2m canvas inverts Africa—literally and philosophically—using the

Equal Earth projection to restore the continent’s true scale and dignity. Rendered without

borders, it corrects centuries of cartographic distortion that made Africa appear small, coinciding with Africa No Filter, Speak Up Africa and the African Union’s recent call to rectify the misrepresentation of Africa in global maps. The work amplifies the broader Correct the Map campaign, a movement that challenges outdated cartography and calls for equal-area maps that restore Africa’s true size, scale, and significance in the world, and Brand Africa’s broader mission to contribute to the AU 2063 agenda for an integrated, peaceful, and prosperous Africa.

At the heart of the work stands a round table — because here there is no hierarchy, every voice matters equally. Seated are some of the diverse and impactful voices that have shaped Africa’s past and are re-imagining its future: Ghana’s founding president Kwame Nkrumah, Kenyan environmental advocate Wangari Maathai, South Africa’s Nelson Mandela, the frontline independence leaders Julius Nyerere and Kenneth Kaunda, host of hte founding of the OAU, Haile Selassie, Cabo Verde and Guinea Bissau’s Amílcar Cabral, Senegalese thought leaders Léopold Senghor and Cheikh Anta Diop, proponent of the United States of Africa, Muammar Gaddafi, Nigerian writer, Chimamanda Ngozi Adichie, youth activist Zulaikha Patel, the diaspora W.E.B. Du Bois, Dambisa Moyo and freed slave Sojourner Truth, South African sanusis, South African singer, Mirriam Makeba, the first artist to address the United Nations in 1963, cultural activist and sanusi, Credo Mutwa, pan-African advocate for a brand-led renaissance and convenor, Thebe Ikalafeng, and advocate of the African renaissance, former South African president, Thabo Mbeki. Their presence affirms that Africa’s story has always had authors—even when unrecognised. It’s a gathering of the diaspora, the enslaved whose voices were stolen, the revolutionaries and artists, the freedom fighters and feminists, writers, sanusis, and youth across the private and public sectors and the civil service. Together, they embody the unfinished conversation of Africa’s identity, memory and destiny.

One chair is left empty at the table. It is the most important seat of all — a call to action. It belongs to the unborn child who will inherit this Africa, the ancestor whose spirit still hovers, the diaspora longing to remain rooted, and every African alive today who must rise, sit, and take their rightful place at the table of history. The empty chair is not absence; it is invitation.

In a symbolic act of permanence, the original canvas will not be sold. Ikalafeng has instead gifted it to the UNISA Art Gallery, ensuring the work lives where Africa’s future is being studied and shaped. At the largest university on the continent, Africa Re-Union will be preserved not as a commodity, but as a covenant — a manifesto for generations to come. Only 2063 signed limited reproductions will be made available to ensure the conversation goes far. The number is a reminder of the AU agenda 2063 for an integrated, peaceful and prosperous Africa.

“The Africa Re-Union is not a return to the 1884 Berlin Conference table, but the setting of our own table: equal, sovereign, and unapologetically African. It is both remembrance and declaration: Africa is whole again. This time, no one will define us but us,” says Thebe Ikalafeng, Conceptual Author and Chief Curator of the Africa Re-Union.

“For me, Africa Re-Union is about shifting the canvas of our imagination. It’s to challenge how we see ourselves and how the world sees us; not as fragmented, diminished, or peripheral, but as whole, central and sovereign. This work is both a mirror and a map, and reflects our past, but points us toward a future we must author ourselves,” says Mark Modimola, Visual Artist of the Africa Re-Union.

“Johannesburg has always been a city of convergence, where Africa meets the world. To host the Africa Re-Union at FNB Art Joburg affirms our city’s role as a crucible of ideas, creativity and cultural leadership. This is more than an artwork — it is a call to re-centre Africa in history and in the future,” said Vuyisile Mshudulu, Director of Arts, Culture and Heritage for the City of Johannesburg.

“Correcting the map is about more than geography. It’s about dignity. The way Africa is represented shapes how the world sees us, and how we see ourselves. The Africa Re-Union is a bold and creative way of reclaiming that story, insisting that Africa is seen in its true scale, power and possibility,” said Moky Makura, Executive Director of Africa No Filter.

The Africa Re-Union was unveiled at the 18th FNB Joburg Art Fair opening night, in a live performance led by celebrated actor Aubrey Poo and acclaimed poet Napo Mashiane, with costumes designed by award-winning wardrobe stylist, Sheli Masondo. The performance re-imagines the infamous 1884 Berlin Conference, but this time with African agency, voice, and vision at the table.

The Africa Re-Union, part of the broader Correct the Map campaign, a movement that challenges outdated cartography and calls for equal-area maps that restore Africa’s true size, scale and significance in the world launched in partnership with the Johannesburg Art Gallery (JAG) and Africa No Filter, and supported by Brand South Africa, comes at a historic moment. At a time when Africa No Filter, Speak Up Africa and the African Union have called for the world to redress centuries of distorted representations of Africa’s size in global maps, and as the continent prepares to host its first-ever G20 Summit in 2025, the initiative is a milestone in Africa’s growing agency on the international stage.

The Africa Re-Union is a timely reminder that Africa’s voice, creativity and unity are central to creating a Better Africa for a Better World.

Distributed by African Media Agency on behalf of Africa Re-Union

MEDIA CONTACT: 

South Africa

Maria McCloy

(+27) 082 340 0262

mccloypr@gmail.com

International

Eloine Barry

(+255) 07 49 012 888 

eloine.barry@amediaagency.com

UK

Moky Makura

(+44 7939 485160)

moky@africanofilter.org

Thebe Ikalafeng

(+27 82 447 9130)

thebe@brand.africa

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Why Majority of Nigerian Traders Lose Money and How to Become a Successful Trader

LAGOS, Nigeria, 29 August 2025-/African Media Agency (AMA)/-In recent years, more and more Nigerians have turned to trading in financial markets as a way to diversify their income and find new opportunities to earn money. With the growing interest in forex, commodities, indices, and cryptocurrencies, great trading opportunities are attracting both novice investors and experienced market participants.

However, the reality is sobering and contrary to expectations, because statistics show that the majority of traders lose money. This applies not only to beginners, but also to experienced traders who fail to adapt to the constantly changing market conditions. Understanding the reasons for losses and mistakes, such as CFD trading risks, can be the first step to building a sustainable growth strategy. The trader should consider whether they understand how CFDs work and whether they can afford to take the high risk of losing money. To ensure that you fully understand the risks associated with margin trading, you can explore the Risk Disclosure info of such brokers as JustMarkets.

Why most Nigerian traders lose their deposits

1. Frugal trading and lack of discipline

Many traders enter the markets without clear rules, allowing emotions and financial pressure to dictate their decisions. “Frugal trading” is the tendency to trade based on immediate personal financial needs rather than a sound trading framework. This approach often results in forced trades with low risk/reward ratios. When traders feel pressured to “make money today” to cover bills or obligations, discipline becomes secondary, and market noise and volatility begin to seem like a distant opportunity to make money.

2. Not having a trading plan and blindly following signals

A trading plan defines which markets to trade, entry and exit rules, risk per trade, and maximum daily loss limit. Without one, traders act reactively, jumping from one trading framework to another based on social media posts, chat room tips, or unverified advice from other traders. Blindly following these signals without understanding basic analysis and evaluating the signals yourself is one of the fastest ways to lose capital.

3. Lack of knowledge and understanding of market mechanics

The market is influenced by economic data, geopolitical events, interest rate changes, investor sentiment, and liquidity flows. Many traders do not understand how these factors interact. For example, not knowing how a central bank interest rate announcement affects currency volatility can lead to entering positions at the most dangerous times. Without this basic knowledge, traders are essentially gambling rather than engaging in real, thoughtful trading.

4. Overconfidence and lack of clear trading objectives

Success in a few trades often breeds overconfidence, even among experienced traders. Traders increase position sizes without adjusting their strategy, take unnecessary risks, or ignore stop-loss rules. Likewise, the lack of specific daily, weekly, or monthly goals makes it impossible to measure progress or maintain a consistent approach. Over time, the lack of structure undermines discipline and leads to significant drawdowns. Without a clear trading plan, even deep technical knowledge and extensive experience may not be enough for long-term success.

How to try mitigate risks

Despite all the dynamism and unpredictability of the financial markets, a small percentage of traders consistently grow their accounts. They treat trading as a business, not as a hobby or a quick-money machine. These traders are distinguished by careful risk management, constant learning, and the ability to adapt.

But two components that are indispensable on the path to long-term success are iron discipline and patience:

Iron discipline

In trading, discipline means sticking to your plan regardless of ups and downs, losses, market conditions, and personal life. It involves strictly adhering to predetermined entry, exit, and position sizing rules. For example, if your plan states that you only risk 1% of your deposit per trade, you stick to this rule even after a series of profitable trades tempts you to “step on the gas.”

Iron discipline protects traders from impulsive decisions dictated by fear or greed. This includes:

  • Adhering to stop-loss levels. Experienced traders never move their stop-loss levels too far to avoid taking an excessive loss.
  • Avoiding revenge trading. Resisting the urge to jump in after a loss to “cash back” when the necessary setup is not available.
  • Following a schedule. Only trade during certain hours and in markets where your strategy has the highest probability of success.

In practice, disciplined traders often make fewer trades than their undisciplined counterparts, but their trades are of higher quality and better aligned with their system. Over time, discipline develops into consistency, and consistency leads to profitability.

Patience

Patience in trading means waiting for the right situation, rather than forcing a trade because “the market is moving.” It also means allowing trades to close out according to analysis, rather than closing them prematurely out of fear or excitement.

Successful traders understand that sometimes it is better not to trade. They wait for conditions that match the criteria of their strategy rather than chasing every price move. This patience extends to the big picture, knowing that significant account growth is the result of hundreds of well-executed trades over months and years, not days.

Patience is also essential in the learning process. Mastering a trading strategy, understanding market behavior, and refining a psychological approach takes time. Those who rush to “get it done” without putting in the necessary hours of practice almost always make a critical mistake.

The Path Forward for the Nigerian Trader

Trading offers Nigerians a way to diversify their income beyond a traditional job or small business. The potential rewards are real, but so are the risks.

To move from a losing majority to a winning minority, traders need to:

  • Develop and follow a structured trading plan.
  • Invest time in learning market fundamentals and technical analysis from reliable education materials of such brokers as JustMarkets.
  • Keep your risk per trade small and consistent.
  • Avoid making emotional decisions under financial pressure.
  • Focus on developing iron discipline and patience as daily habits.

In financial markets, capital preservation is the foundation of growth. Those who protect their account balance through disciplined risk management have the time and opportunity to let profitable setups work to their advantage.

Successful traders do not chase every price move. They are the people who have the discipline and patience to enter the market when their strategy will bring the most benefit, and those who step aside when conditions are unclear.

Distributed by African Media Agency (AMA) on behalf of JustMarkets

About JustMarkets:

JustMarkets is a globally recognized multi-asset broker providing reliable and transparent trading services since 2012. The company has earned over 60 industry awards, highlighting its excellence in the financial sector. JustMarkets offers a diverse array of trading instruments, including forex, stocks, commodities, indices, metals, energies, and cryptocurrencies, serving clients in over 160 countries.

The company is renowned for its competitive pricing, featuring low spreads and zero commissions. JustMarkets caters to both new and experienced traders by providing a wide range of services designed to enhance their trading experience.

Media Contact:

Samuel Apkan

samuel.akpan@justmarkets.com

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