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SEDC Unveils Winners of Landmark South East Venture Capital Pitch Contest

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By Gloria Ikibah

The South East Development Commission (SEDC) has announced the winners of the maiden edition of the South East Venture Capital Program (SEVCP) Pitch Competition, signalling what officials described as a major step towards building a stronger innovation and enterprise ecosystem across Nigeria’s South East.

The competition ended with a high-profile Finals Day and Investment Ceremony in Enugu, where startups from sectors including healthcare, artificial intelligence, clean energy, agriculture, fintech, logistics, education technology and mobility presented their business ideas before investors and industry experts.

The initiative was organised under two categories — the Incubator Track and the Accelerator Track. While the Incubator Track focused on supporting early-stage businesses with foundational development and venture readiness, the Accelerator Track targeted startups with more advanced and scalable business models.

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At the end of the selection process, ten startups emerged under the Incubator Track, while fifteen secured places under the Accelerator Track following a competitive evaluation involving investors, business executives, ecosystem leaders and industry specialists.

The Commission explained that although the accelerator category was initially designed to support twenty startups from an expected pool of thirty finalists, only twenty-five businesses eventually pitched before the panel. It stated that the number of winners was reduced to fifteen to preserve the quality and competitiveness of the programme.

Speaking on the significance of the initiative, the Managing Director and Chief Executive Officer of SEDC, Mark Okoye II, said the Commission remained committed to supporting indigenous entrepreneurs capable of transforming the region’s economy.

Okoye added that the programme was designed to serve as more than a startup contest.

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He said: “The Commission remains committed to identifying and supporting indigenous entrepreneurs capable of building scalable businesses that can drive industrialization, create jobs, attract investment, and reposition the South East as a leading innovation destination on the continent.”

“The South East Venture Capital Program is not merely a startup competition but a long-term economic development strategy designed to unlock the entrepreneurial potential of the region and strengthen the pipeline of investable businesses emerging from the South East.”

The selected startups are expected to receive financial backing, mentorship, investor access, technical support, advisory services and broader post-programme growth opportunities aimed at helping them become sustainable and investment-ready enterprises.

SEDC also reaffirmed its commitment to working closely with venture capital firms, innovation hubs, development institutions, academic organisations and private sector partners to deepen entrepreneurship and innovation-led economic growth across the South East.

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The Commission further commended participating founders, judges, mentors, sponsors and ecosystem partners for contributing to the successful execution of the programme’s inaugural edition.

The startups selected under the Incubator Track are Health Vault NG LTD, VIBET BIO, Wattmuse Energy, KoboTrac, Simsak, Growdex, Farmi AI LTD, CNG Protect, Linia Finance and Keke Ride.

Those selected under the Accelerator Track include Ondigo Technologies Limited, Skilladder, KIRA AI LIMITED, RapidMedicare Limited, SmartAirs, Bra-X, Stur Africa, Nigenius, SpaceOps, FLOF CO, Case Radar, Smart Transport Grid Ltd (STRAG), 8Bit Digital Systems Limited, CLIMAX GREEN (AGROFUXION), and Afiari.

The Commission noted that the programme forms part of a broader long-term strategy aimed at driving innovation-led growth, strengthening enterprise development and building a globally competitive South East economy through sustained investment in entrepreneurship, technology and talent development.

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Emir of Gumel dies in Egypt

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The Emir of Gumel in Jigawa State, Alhaji Dr. Ahmed Muhammad Sani II, has died.

The monarch passed away on Thursday in Egypt.

His death has thrown the people of the Gumel Emirate and residents of Jigawa State into mourning, with tributes expected to continue to pour in from across the state and beyond.

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The death of the respected traditional ruler is a significant loss to his family, associates and the entire Gumel community. Prayers have been offered for Almighty Allah to forgive his shortcomings and grant him eternal rest in Aljannatul Firdaus.

Prayers were also offered for Allah to grant his family, loved ones and the people of Gumel the strength and patience to bear the loss.

The death of the Emir represents a major loss to the Gumel Emirate, given the important role traditional institutions play in promoting peace, unity, cultural values and community development.

The Gumel Emirate is one of the historic traditional institutions in northern Nigeria, with a rich heritage and longstanding influence in the social and cultural affairs of its people.

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As Emir, the late Alhaji Dr. Ahmed Muhammad Sani II, CON, served as custodian of the traditional institution and provided leadership to the people of the emirate.

His passing is expected to be deeply felt by members of the royal family, traditional title holders, community leaders and residents across the emirate.

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US Federal agents nab Podcaster Azariah over alleged threats to Kill Trump

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United States federal agents have nabbed a podcaster, Azariah Southworth, in Los Angeles over allegations that he threatened to kill US President Donald Trump.

According to New York Post on Thursday, Southworth was taken into federal custody in Los Angeles following an investigation into the alleged threats against Trump.

Southworth is known for hosting the Yass, Jesus podcast and previously hosted the Christian television programme, The Remix. His arrest has brought federal authorities’ attention to statements allegedly made by him concerning the president.

The allegations against Southworth have not been established in court, and details of any criminal charges filed against him were not immediately available in the report. Federal authorities typically investigate threats against the president as potential federal offences.

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US law prohibits knowingly and willfully threatening to kill, kidnap or inflict bodily harm on the president. Such cases can result in federal prosecution if investigators determine that a statement meets the legal threshold for a criminal threat.

Federal authorities have pursued similar cases involving alleged threats against Trump in recent years.

The US Department of Justice has previously announced charges and convictions involving people accused of making threats against the president online and through other forms of communication.

Authorities have also stressed in previous cases that an arrest or criminal charge does not establish guilt. Prosecutors are required to prove the allegations in court, while defendants are presumed innocent unless convicted.

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Southworth’s arrest comes amid continued security concerns surrounding threats against Trump and other US public officials. Further details about the allegations, possible charges and Southworth’s next court appearance are expected to emerge as the federal case proceeds.

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Flooding: FCTA begins desilting of drains, warns against vandalism, illegal structures

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The Federal Capital Territory Administration (FCTA) has commenced a city-wide desilting of drainage channels following heavy torrential rainfalls that triggered flash floods across parts of the nation’s capital.

Inspecting the ongoing clearance operations along the Airport Expressway on Thursday, Mr Richard Dauda, acting Executive Secretary of the Federal Capital Development Authority (FCDA), said the exercise was directed by the FCT Minister, Mr Nyesom Wike.

The directive followed a flash flood that flooded the Airport Expressway on Tuesday.

According to Dauda, the effort is to mitigate flood risks during the peak of the rainy season.

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Dauda noted that while recent downpours align with earlier meteorological warnings and climate change trends, the Abuja Master Plan inherently recognises certain areas, including the Airport Expressway axis as flood plains.

He assured residents that while resilient infrastructure was originally built to handle high water volumes, human activities have severely compromised its efficiency.

“Some of these drainage facilities over time have been silted. Part of the cause is residents dumping refuse into drainage channels.

“When rain falls, it washes down polythene bags, waste, and even large objects that block the outlets,” he said.

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Dauda highlighted two major human factors aggravating the flash floods: illegal development and widespread infrastructure vandalism.

Exposing a major choke point along the expressway, Dauda pointed to a triple-cell box culvert meant to discharge a powerful stream flowing from the Galadima Roundabout.

He explained that a private developer had illegally constricted the waterway further downstream by constructing retaining walls to expand a personal plot.

“What that causes is that the volume of water that ought to pass no longer passes, causing detention, backflow, and eventual flooding.

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“To restore adequate discharge capacity, we must remove the structures built by this developer,” he said.

Dauda also decried the theft of metal gully inlet covers by vandals, which allows large debris to flow directly into underground drains instead of being sieved at the surface.

“When vandals steal these covers, it’s like stealing from yourself as a taxpayer,” he remarked.

To permanently curb the theft, he revealed that the FCDA is exploring replacement materials made from non-recyclable compounds rather than steel or cast iron.

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The FCDA boss confirmed that workers were already desilting trapezoidal drains, U-channels, and culvert outlets along the Airport Expressway, with plans to reconstruct damaged points where necessary.

Dauda urged Abuja residents to stop dumping refuse into waterways, warning that government infrastructure can only protect the city if public cooperation is guaranteed.

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