Hi, welcome to Tech This Evening, an After-Work Tech Newsletter from Techparley Africa. Sure, there is a lot to unpack right now. Sit back, while I walk you through.
Top Story: How Prof. Ibrahim Adeyanju is Transforming Galaxy Backbone into Nigeria’s Tech Infrastructure Powerhouse
When President Bola Tinubu approved the appointment of Professor Ibrahim Adepoju Adeyanju as Managing Director/Chief Executive Officer of Galaxy Backbone in February 2024, the federal shared-services provider signalled a clear tilt towards technical depth and institutional reform.
Galaxy Backbone, the federal government’s ICT infrastructure and shared-services company is charged with providing secure connectivity, data centre services and digital platforms for ministries, departments and agencies (MDAs) across Nigeria.
Adeyanju assumes leadership at a pivotal moment. While MDAs increasingly turn to private providers for agility and cost efficiency, the Federal Government seeks to strengthen a sovereign and secure digital infrastructure capable of supporting e-Government services and national resilience.
In recognition of this ongoing transformation, Galaxy Backbone was recently honoured with the “International Standard Excellence Award for Best IT Service Provider Company of the Year” during the World Standards Day Celebration, held in Abuja.
“This award is a strong endorsement of our operational excellence, professionalism, and innovative spirit,” said Professor Adeyanju. “It reflects the confidence that our partners, stakeholders, and clients have in Galaxy Backbone’s capacity to drive secure and sustainable digital transformation in Nigeria and beyond.”
Other Tech News Stories You Should Read:
How African Startups Can Use AI and Digital Tools to Solve Real Problems. Read now.
Why Many Startups Fail (and What to Learn From Them). Read now.
Step-by-Step Guide to Verifying Images and Videos Online with AI. Read now.
On Startup Spotlight:
Study Finds Africa’s Startup Future Lies Beyond the Big Four – With Ghana, Senegal, and Rwanda in Focus
For years, Africa’s startup narrative has been dominated by four markets: Nigeria, Kenya, South Africa and Egypt. Known as the “Big Four”, these ecosystems have produced continent-wide successes such as Flutterwave and M-Pesa, shaping investors’ expectations of venture opportunity in Africa.
But this focus has concentrated both growth and risk. Nigeria’s currency devaluation in 2023, for example, wiped billions off startup valuations almost overnight. Across the continent, macroeconomic shocks, regulatory uncertainty and volatile foreign exchange have highlighted the dangers of over-reliance on a few markets.
Fortunately, technological adoption, supportive policy reforms, and growing investor interest are spreading beyond the Big Four. These shifts raise a critical question for investors: which markets are next?
A new research conducted by Aminata Jalloh, Kamaldeen Kehinde and Achref Mattar for Dream VC identifies Ghana, Senegal and Rwanda as prime candidates.
Quadri Adejumo brings you all the details. Read here.
Also Read:
Nigerian Fintech Startup Lidya Shuts Down After Raising $16.45M, Exposing Cracks in Africa’s Digital Lending Boom. Yakub Abdulrasheed brings us the details, here.
Quote of the Day:
“Any sufficiently advanced technology is equivalent to magic.” – Arthur C. Clarke.
Thank you for joining me yet again this evening. Stay safe, and see you tomorrow for the next tech newsletter.
Best, Quadri
