By the end of 2019, total investment in the drone industry was a record-high of $1.2 billion, a Year-Over-Year growth of 67% – this is according to the data acquired by Finbold.com. The report indicates that venture capital funding stood at $930 million at the end of last year. VC funding accounts for 68.87% of all drone industry investment The data shows how between 2008 and 2019 funding in the sector stood at $4.43 billion while venture capitalists pumped in a total of $3.46 billion by last year. In general, drone investment through VC represented 68.87% of all funding. There was a significant spike in the investment between 2012 ($42 million) and 2013 ($121 million) with a growth of about 188.1%. Venture Capital funding joined the drone sector by only $2 million in 2010, a figure t...
Sourced from Google. In honour of Global Accessibility Awareness Day, Google is adding a long-overdue feature to its Maps app that puts details about a location’s accessibility facilities front and centre. With the “Accessible Places” feature enabled, business and points of interest with wheelchair-accessible entrances are marked with a wheelchair icon along with information about whether accessible seating, restrooms, and parking are available. Previously, all that information was tucked away in a location’s “About” menu, which users would have to navigate to for every destination individually. “With this feature ‘rollout’, it’s easier to find and contribute wheelchair accessibility information to Google Maps,” Google Maps software engineer Sasha Blair-Goldensohn says in a company blog po...
Reuters A retired Nigerian Army General has forfeited a princely sum of N426.7million to the Federal Government on the orders of a Federal judge, sitting in Lagos. John Onimisi Ozigi, a retired Brig-General had been standing trial for alleged graft in the hands of the Economic and Financial Crimes Commission, EFCC, which claimed before the Federal High Court presided over by Justice Muslim Hassan, that the cash was from the proceeds of crime and should be seized from him. Based on EFCC’s prayers, the court had earlier placed an interim forfeiture order on the cash and asked EFCC to issue public notice to whoever claims ownership of the cash to come forward with justifiable reasons why the money should not revert to the federal government and joined two companies-company, Diamond Head Ventu...
Southern and Middle-Belt Leaders Forum (SMBLF) has called on the Federal Government to publicly declare the invasion of the South and Middle-Belt by teenagers, including Almajiris from far North, in spite of the ban on interstate movements imposed by President Muhammadu Buhari as illegal and direct the security agencies to immediately flush them out and ensure that they do not return. SMBLF made these demands on Sunday in a joint statement signed by Chief E K Clark for PANDEF, Chief Ayo Adebanjo on behalf of the Pan-Yoruba socio-political group, Afenifere, Chief John Nnia Nwodo (Ohaneze) and Dr Bitrus Pogu (Middle- Belt Forum). The group, while making the demands, expressed outrage at what it termed complacency on the part of Nigerian security forces at the invasion of their areas by teena...