Nigerian start-ups win $300,000 in S’Arabia

Two Nigerian Startups won $300,000 at LEAP’s Rocket Fuel pitch Competition in Riyadh, Saudi Arabia. The winners, RiceAfrika Technologies and Wicrypt won $150,000 each. A statement by the Ministry of Communications and Digital Economy stated that RiceAfrika Technologies is a tech-driven agric optimisation startup that deploys IoT. It said the firm emerged as the global