Connect with us

Saturday 10th April, 2021

ADVERTISEMENT

Innovation

AECF Launches US$1.2m Innovation Fund To Unearth Emerging Technologies

Fund seeks to support entrepreneurs using renewable energy to start or diversify existing businesses

Share Post

Published

on

The African Enterprise Challenge Fund (AECF) has launched a US$1.2 million Innovation Fund to unlock the potential of renewable energy to create new business opportunities.

Businesses and entrepreneurs in Burkina Faso, Ethiopia, Kenya, Liberia, Mali, Mozambique, and Zimbabwe can apply for funding.

The fund is aimed at strengthening the market readiness of emerging innovations, as well as secure financial, technical, and networking support for taking existing proven prototypes to scale.

Solutions that reduce the negative impacts associated with the use of traditional cooking options at the household and institutional levels, build climate change resilience among communities and support productive uses such as water pumping, agro-processing, cooling, and refrigeration services are examples that the Fund seeks to support.

In applying, businesses and entrepreneurs will need to demonstrate how their proposed innovations will transform the livelihoods of low-income households through the creation of jobs and diversification of livelihoods.

Under the Sustainable Development Goals, the world has set an ambitious target of ensuring universal access to reliable and sustainable energy by the end of the decade.

But with half of the African continent without access to electricity, and two-thirds lacking access to clean cooking solutions, additional investment is needed to drive innovation and accelerate the uptake of modern energy.

The Innovation Fund builds on AECF’s Renewable Energy and Adaptation to Climate Technologies (REACT) initiative, which was launched to support the private sector develop and expand its clean energy technologies to Africa’s rural communities.

The Fund will invest in technologies that meet market needs as well as accelerating the development of existing solutions to better serve African communities and not technologies in the prototype stage.

Chief Executive Officer of AECF, Victoria Sabula, said, “The Innovation Fund is key to enhancing large scale transformation within local communities. Investing in affordable and accessible renewable energy solutions can create jobs, grow economies, and build more sustainable livelihoods.

“Through the fund, we hope to unearth new ways that renewable technology – be it domestic, communal, or commercial – can be used to generate income and create jobs,” she said.

The deadline for the applications is 29th April 2021.

 

Share Post
Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Innovation

How LG Is Leading Next Generation Of ACs With ThinQ Technology

Published

on

With the recent increase in the number of people working from home, the demand for energy-efficient and powerful cool air conditioners has risen exponentially across Africa due to unbearable heat caused by the weather, especially during the dry season.

But LG Electronics has remained one company that has been at the forefront of the next generation of innovative Residential Air Conditioning (RAC).

With a vision to provide differentiated customer value, LG over the last 20 years, has pursued earth environment preservation, sustainable social advancement, and improved the quality of life of all its stakeholders.

Based on customer needs, the electronics giants have varieties of Air Conditioner namely: GenCool, ArtCool and DualCool Premium Air Conditioners.

A few years ago, LG introduced its GENCOOL Inverter V that can work efficiently with small capacity generators. Specially designed for the Nigerian market, the AC comes with benefits such as affordability, energy efficiency and durability.

Unlike the conventional AC (i.e. ON/OFF types) which requires a big-sized generator to start the AC due to their high start-up electric power, LG’s GEN COOL AC can be started with smaller generators due to LG’s innovative inverter technology.

According to LG, for the normal mode, 1HP AC needs a 1.5 KVA generator while 1.5 HP requires 1.7KVA and 2HP needs 2.2KVA.

Thus, the LG GEN COOL Air Conditioner comes with the GEN Mode which allows for the use of a small capacity generator in areas where electric supply is insufficient, eliminating the need for a large generator. So with the AC’s GEN Mode feature, you can minimize startup electric requirements.

LG Smart AC features

The electronics giant has equipped its ACs with Smart ThinQ technology, which, as per the company, allows the users to control and monitor ACs at any time and from anywhere with an app on the phone. Apart from control, consumers also get filter cleaning notification and control multiple home appliances through smart ThinQ.

Hari Elluru, Head of Corporate Marketing, LG Electronics, West Africa Operations, said, “We have more number of future-ready ACs with Smart ThinQ (Wi-Fi) along with Amazon’s Alexa and Google Assistant compatibility.

“We aim to offer the best air conditioning solutions to our consumers through a robust product portfolio supported by effective after-sales service. Which gives us the confidence to continue our last year’s and the industry’s first initiative of same-day installation.”

Energy efficiency coupled with powerful cooling

The GenCool AC comes equipped with a Smart and Dual Inverter Compressor which reduces energy consumption by up to 60 and 70 per cent respectively.

The Dual Inverter Compressor motor has a wide rotational frequency and a higher speed cooling range than a conventional compressor, allowing the Air Conditioner to cool more quickly, last longer and run more quietly.

So no matter how high the temperature, the Air Conditioner distributes cool air immediately to every corner of the room. The unit has a 25 per cent larger skew fan which expels powerful blasts of air through its large outlet, optimally designed to fill spaces with cool air faster and farther.

Due to their twin-rotor, there is a faster cooling at a wider operating frequency or ‘broader tonnage’. Hence, a dual inverter offers better cooling in terms of precision in temperature control due to variable tonnage and speed of cooling.

Optimal comfort and health care

Powerful cooling does not come at the expense of the user’s comfort. With just a click of the “Comfort Air” remote button, the GenCool AC adjusts the vane angle to ensure that the out-flowing air does not blow directly to the user and cause sudden drops in body temperature.

The disturbance is also not an issue as the Air Conditioner operates at the world’s lowest noise level thanks to LG’s unique BLDC motor, skew fan technology and Active Low Vibration Control (ALVC) feature. It also maintains an incredible capacity for dehumidification to provide the most comfortable environment.

Health is one of LG’s core considerations when creating new products. The Art Cool AC offers top-quality features in favour of the user’s health and sanitation. Plasmaster Ionizer Plus, which disseminates over three million ions to sterilize and deodorize not only the air going through the AC but all surrounding harmful substances.

Next-level convenience

The installation has never been easier with the delicately designed installation elements of LG’s Air Conditioner: simple packaging, installation plate improvement, installation support clip, wider tubing space, detachable bottom cover and a quick button for running tests.

Less Noise

Ordinary inverter AC uses a single cylinder-shaped rotary compressor. Since the operation of a single compressor requires high-speed rotation, it tends to generate a lot of vibration. This increases noise levels, especially when the shaft of the AC is whirring at full capacity.

The twin-rotary compressors in dual inverter ACs turn with a phase difference of 180 degrees, which promotes more stability when they are operating at full capacity. More stability means fewer vibrations and whirring and ultimately lesser noise.

Consistent with this strategy, LG provides a wide range of products for heating, ventilating and air conditioning. The company’s industry-leading variable refrigerant flow (VRF) technology minimizes efficiency losses, provides sustainable energy savings and offers some of the lowest life cycle cost of any system on the market today.

Share Post
Continue Reading

Innovation

NITDA Pledges Support For Indigenous Startup That Developed Sexual Abuse Reporting App

Published

on

Director-General of the National Information Technology Development Agency (NITDA) Mallam Kashifu Inuwa Abdullahi has assured that victims of sexual abuse in Nigeria through ICT will have the opportunity of presenting their cases without fear of stigmatization.

Abdullahi gave this assurance Tuesday while receiving the CEO of Shamrock Innovation Hub, a women and youth-centric tech innovation hub that developed HELPIO, an android based application used in reporting sexual abuse.

The support came as a  directive of the Honourable Minister of Communications and Digital Economy, Dr Isa Ali Ibrahim (Pantami), that the National Information Technology Development Agency (NITDA) liaise with the young startup, mentor her, monitor her progress and support the system under the stipulated regulation.

Abdullahi commended Shamrock Innovation Hub for the exciting and laudable development in creating sensitization and awareness to sexually abused victims with the aim of supporting them and eliminating any form of stigmatization while at the same time, bring perpetrators of the heinous crime to justice.

He assured the hub of the Agency’s support, mentorship and monitoring of their progress in line with stipulated regulations.

The NITDA DG advised the hub to evaluate their internal infrastructure size so that the Agency can examine possible areas of assistance, connecting the hub with a vast service provider for seamless integration and promised to provide solar panels to ease their operations.

With regards to awareness in rural areas, Abdullahi said that the Hub’s sexual abuse reporting application will be given adequate publicity on the Agency’s social media handles and the NITDA Impact weekly television programme, adding that the Agency will come up with a start-up innovation challenge to get the development of the application on iOS devices.

During the Hub’s presentation, Abdullahi considered that a large amount of personal information will be collected in the investigation of sexual abuse cases and therefore, advised that it was necessary for the Hub to align with the standards of the Nigerian Data Protection Regulations.

He said that the Agency will link the Hub with a Data Protection Compliance Organization to ensure compliance with the regulations.

Miss Sa’adat Aliyu, the founder of Shamrock Innovation Hub who had earlier sought support from the Agency expressed delight and appreciation at the Agency’s assurances of support and cooperation.

She said the HELPIO is a mobile application that provides a safe space for victims of sexual abuse and with the collaboration of relevant organizations like NITDA and other security agencies, the Hub will achieve its mandate of ensuring victims get absolute justice.

She sought support from NITDA for the provision of tools and resources which will help in the Hub’s training programmes and promises to give details of solar panels needed to enable the Hub to reach its maximum productivity.

 

Share Post
Continue Reading

Innovation

HP Introduces Newest Pavilion x360 14 And 15 For Exceptional Entertainment Experience

Published

on

HP Pavillion x360 15

HP, a leading global ICT company and producers of premium laptops and printers, has once again made good on its promise to continue to provide its Nigerian customers with its latest innovative products.

The company has introduced its newest HP Pavilion x360 14 and 15 designed for an exceptional entertainment experience for the Nigerian market.

The HP Pavilion x360 14 and 15 are perfect for consumers on the hunt for a versatile laptop that allows them to stream content or game from anywhere.

The devices have been updated with a more compact, lightweight design and feature optional Wi-Fi 61 for reliable connectivity in busy households and public spaces.

HP Pavilion x360 14

Together with the highest screen to body ratio for an HP mainstream x360, OMEN Gaming Hub preinstalled, and Voice Assistance, consumers can experience better entertainment and lighter weight for easier mobility.

Ifeyinwa Afe, Managing Director of HP Nigeria said, “the latest Pavilion products have reiterated our commitment in Nigeria, to always make sure that our customers are among the first in the world to experience HP’s latest innovative products.

“These products showcase the cutting-edge technology that HP is known for. For creative and technical pros in media and entertainment, architecture, and data science fields – our ecosystem helps transform creative processes and accelerate workflows.”

HP Pavilion x360 14 (stand)

Designed with the environment in mind, the Pavilion x360 14 and 15 are two of HP’s most sustainable consumer laptops to date made from ocean-bound plastic bottles.

A more premium configuration features recycled aluminium in the keyboard deck, reducing production waste from the post-industry recycle process and ultimately saving over 341 tons of CO2 emissions over the projected product lifecycle volume.

Both PCs also contain post-consumer recycled plastic and are EPEAT Gold Registered and Energy Star Certified.

In terms of entertainment, the PCs are equipped with a four-sided micro-edge bezel and have up to an 88.92% screen to body ratio, the largest for an HP mainstream convertible PC.

The reduced bezel dimensions give users more screen time for an immersive entertainment experience.

As people work, learn, and play from home more during the pandemic, HP will introduce a simplified version of OMEN Gaming Hub to Pavilion users.

HP Pavilion x360 15 (Tablet)

Preinstalled on the new Pavilion x360 14 and 15, users can experience the popular gaming dashboard with features that allow them to check their system vitals, download wallpaper, earn rewards, and more.

And with new Amazon Alexa skills, users can use their PC to drop-in on other supported devices, stay in contact with family and friends with hands-free calling, discover music through a dedicated landing page, and control their smart home devices.

Cortana and China’s Xiaowei are also supported.

Both devices also feature a 12 mm reduction in the Y dimension, which contributes to a six per cent decrease in the overall footprint and lighter weight as low as 1.509kg, making them HP’s lightest Pavilion convertibles.

The HP Pavilion x360 14 and 15 will be available in the Nigerian market in April this year.

Share Post
Continue Reading
Business1 day ago

Vehicular Traffic: FAAN Advises Passengers To Get To Airports Early

Business1 day ago

Africa Data Centres Confirms Building 10MW Data Centre In Lagos

Business1 day ago

Network International Names Hany Fekry Regional President, Northern & Sub-Saharan Africa

BANKING1 day ago

Ecobank Appoints Tomisin Fashina As Group Executive, Operations & Technology

Telecoms1 day ago

Danbatta Highlights Place Of Digital Infrastructure, Literacy In Nigeria’s Public/Private Institutions

Telecoms1 day ago

MTN Provides Update On USSD Dispute, Announces Expansion Of Channel Network

Business4 days ago

Smile Announces Approval Of Restructuring Plan

Innovation1 week ago

How LG Is Leading Next Generation Of ACs With ThinQ Technology

Telecoms2 weeks ago

Wakil, Asaju, NCC Directors Conferred With NIEEE Fellowship

TechExtra2 weeks ago

NITDA Celebrates World Backup Day, Urges Nigerians To Back Up Their Data Regularly

Business2 weeks ago

OMS Controversy: Insiders Fault Police Report Clearing Okunbo

Business2 weeks ago

Huge Traffic At Konga As Battle Of The Brands Kicks Off

Business2 weeks ago

Plentywaka Partners Libra Motors To Simplify Bus Travel Experience With Over 400 Buses

BROADBAND2 weeks ago

Pantami @ATCON Virtual Meeting Says Broadband Is Massive Contributor To National Economic Growth

Telecoms2 weeks ago

Nnamani, ATCON President Highlights Role Of Broadband In The Development Of A Solid Digital Economy

Telecoms2 weeks ago

NCC Has Commenced Consolidation Of National Broadband Plan 2020-2025 Set Targets- Danbatta

Telecoms2 weeks ago

Danbatta Explains How ICT Has Impacted World Civilisation And Culture

Fintech2 weeks ago

GSMA Says Mobile Money Accounts Grew To 1.2 Billion In 2020

TechExtra2 weeks ago

Tunisia Launches First Home-Made Satellite

TechExtra2 weeks ago

Africa Mobile Users Reluctant To Leave Social Media Platforms Despite Cybercrime Worries – Report

BROADCASTING11 months ago

ENTERTAINMENT: ‘Turn Up Friday With Pepsi’ Premieres On Africa Magic Channels

Telecoms9 months ago

(APPLY): NCC Invites Proposals For Telecoms-Based Research Innovation 2020

BIG STORY8 months ago

One Year As NITDA’s DG: How Kashifu Abdullahi Is Transforming Nigeria’s IT Landscape (Part 1)

Business9 months ago

Samsung May Not Include Chargers With Some Phones Starting 2021

BROADCASTING9 months ago

MultiChoice Now Offers Auto-Renewal On Subscriptions To DStv & GOtv Customers

BROADCASTING9 months ago

StarTimes Announces Subscription Price Increase, Addition Of New Channels

Innovation12 months ago

NITDA Pledges Full Support To Nigeria’s Tech Community For Innovation Against COVID-19

Business9 months ago

BREAKING: Crowdyvest Holdings Changes Name To EMFATO Holdings

BROADCASTING11 months ago

Group Rejects MultiChoice Proposed Tariff Hike In DStv, GOtv Services

BROADCASTING9 months ago

MultiChoice Adds ESPN To Dstv And Gotv Sports Offering

Opinion8 months ago

One Year At NITDA: Kashifu As A Vindication Of Youth Excellence In Governance

BROADBAND9 months ago

Maska, NCC’s Executive Commissioner Chairs Ministerial Broadband Implementation Steering Committee

Opinion8 months ago

Africa In Motion: Accelerating Africa’s Digital Future

BROADCASTING10 months ago

MultiChoice Begins Broadcast Of uLesson Educational Content On DStv, GOtv

Business12 months ago

After Okada Ban, Opay Confirms Shift To Delivery, Puts Motorcycles Up For Sale

BROADCASTING8 months ago

Watch The English FA Cup Final Live On GOtv Max As Arsenal And Chelsea Trade Tackles

BROADCASTING10 months ago

MultiChoice To Add Netflix And Amazon Prime Video To Its Stable

HOME12 months ago

Girls In ICT Day: NITDA Highlights The Need To Promote Career In Information Technology For Girls And Women In Nigeria

BIG STORY8 months ago

One Year As NITDA’s DG: How Kashifu Abdullahi Is Transforming Nigeria’s IT Landscape (Part 2)

Business12 months ago

Konga Inks Partnership With Unilever, Offers Household Products With Free Delivery Nationwide

Advertisement

Trending