Nigeria’s federal government has launched the iDICE Startup Bridge, a two-track initiative designed to support early-stage founders with grants of up to ₦10 million ($7,215) and equity investments of $100,000, as part of efforts to deepen innovation across the country.
The programme, implemented by the Bank of Industry and funded by development partners including the African Development Bank, Agence Française de Développement, and the Islamic Development Bank, operates under the broader Investment in Digital and Creative Enterprises (iDICE) initiative.
“Each cohort will support 125 aspiring entrepreneurs, with a clear target of ensuring progress from concept to validated business models. This programme is built for people with innovative ideas, early prototypes, or unanswered questions about how to take their first real step,” said Cindy Ezerioha, Head of Founders Lab, iDICE Startup Bridge.
“This programme created under the iDICE umbrella, gives young entrepreneurs across the country a real opportunity to build or scale, and we are confident in its ability to reshape early-stage enterprise development and innovation outcomes over time,” Vice President @KashimSM Shettima, Chairman of the iDICE Steering Committee, said.
“We are happy to replicate our success over time with the iDICE Startup Bridge as well,” said Dr. Olasupo Olusi, Managing Director and Chief Executive Officer of the Bank of Industry.
Quadri Adejumo of Techparley reports how Nigeria’s iDICE Startup Bridge is unlocking funding and support for early-stage startups across the country.
https://t.co/vGq8aUkhYA
#techtrends #iDICE #fyi #trending #techparley
Never be Ashamed of your African Identity. The Greatest Prophet in Torah (Moses) was Born in Africa. Africa was a place of REFUGE to the Son of God (Jesus),to the Father of Faith( Abraham), All 12 tribes of Israel were preserved thanks to Africa. Don't forget Joseph too.
When Michael Charming Adeyinka began noticing how students and small online traders in Nigeria were losing their savings to fake payments and fraudulent buyers, he saw a problem that went beyond money, it was about trust.
“Every day, people lose money to fake payments and fraudulent buyers or sellers,” he recalled. “We wanted to rebuild that confidence and make digital trade as safe as it should be.”
That conviction led to @CharmPay_, a home-grown escrow fintech redefining how Nigerians exchange money online. It holds funds in a secure wallet until both buyer and seller confirm satisfaction, ensuring that every transaction, no matter how small, is transparent, traceable, and fair.
Adeyinka envisions an ecosystem where every online buyer and seller in West Africa can transact confidently without worrying about scams or fake proofs of payment.
In the short term (6–12 months), the company aims to consolidate its presence across Nigerian universities, onboard verified small merchants, and launch loyalty programs rewarding trusted sellers.
Yakub Abdulrasheed presents CharmPay in this report, a Nigerian student-focused escrow fintech that aims to rebuild trust in Nigeria’s bustling peer-to-peer marketplace.
https://t.co/jfimqQup6K
#Drive100 #Stories #Startup #Africa2025 #futuretech #techtrends #technewsafrica #instagood #fyi #trending #techparley
When Michael Charming Adeyinka began noticing how students and small online traders in Nigeria were losing their savings to fake payments and fraudulent buyers, he saw a problem that went beyond money, it was about trust.
“Every day, people lose money to fake payments and fraudulent buyers or sellers,” he recalled. “We wanted to rebuild that confidence and make digital trade as safe as it should be.”
That conviction led to @CharmPay_, a home-grown escrow fintech redefining how Nigerians exchange money online. It holds funds in a secure wallet until both buyer and seller confirm satisfaction, ensuring that every transaction, no matter how small, is transparent, traceable, and fair.
Adeyinka envisions an ecosystem where every online buyer and seller in West Africa can transact confidently without worrying about scams or fake proofs of payment.
In the short term (6–12 months), the company aims to consolidate its presence across Nigerian universities, onboard verified small merchants, and launch loyalty programs rewarding trusted sellers.
Yakub Abdulrasheed presents CharmPay in this report, a Nigerian student-focused escrow fintech that aims to rebuild trust in Nigeria’s bustling peer-to-peer marketplace.
https://t.co/jfimqQup6K
#Drive100 #Stories #Startup #Africa2025 #futuretech #techtrends #technewsafrica #instagood #fyi #trending #techparley
2/
Every day, people fall victim to scammers, fake vendors, failed deliveries, and incomplete transactions.
We all know someone who has lost money online.
CharmPay solves this.
9/
Join the CharmPay community.
Let’s build a future where nobody gets scammed again.
Where every transaction is protected.
Where trust becomes the standard.
@DONJAZZY@RealJoeBonanno
8/
CharmPay is now LIVE on the Google Play Store 🎉
Download the app.
Try your first secure transaction.
Tell us what you think : we’re building this for YOU.
@DONJAZZY@RealJoeBonanno
7/
We launched CharmPay with one goal:
To make online payments in Africa safe — for everyone.
If you buy, sell, or deliver anything…
You need this app.
@DONJAZZY@RealJoeBonanno
5/
Here’s what you can do on CharmPay:
✨ Escrow payments
✨ Wallet-to-wallet transfers
✨ Transfer to any bank
✨ Secure your transactions
✨ Track payments in real time
Everything is simple, clean, and fast.
@DONJAZZY@RealJoeBonanno
4/
CharmPay is built for:
🛒 Buyers
🛍️ Online vendors
🚚 Logistics riders
📱 Students buying & selling on campus
👨💻 Freelancers
Anyone who wants peace of mind when paying.
@DONJAZZY@RealJoeBonanno
3/
With CharmPay, your money is never released until:
✔ You get your product
✔ You get your service
✔ You confirm the delivery
This means zero chance of being scammed.
@DONJAZZY