Max Air was accused of overwriting its Cockpit Voice Recorder (CVR) following a serious incident that occurred at Nnamdi Azikiwe International Airport. A report by the Nigerian Safety Investigation Bureau (NSIB) said the airline made errors in the tech log and the quality control department did not supervise maintenance actions properly. This is not the first time an airline has been accused of overwriting CVR information in an attempt to hinder investigations.
Note that the incident at Nnamdi Azikiwe International Airport involved a Boeing 737-400 and resulted in a crash landing. The NSIB has recommended that the NCAA enforce regulations and take legal action against non-compliant operators. It also recommended that the regulator should conduct regular safety assessments of Max Air’s ability to manage safety effectively.
Nigerian startup Eze announced that it sealed a seed funding round to the tune of $3.7 million. The round was led by Right Side Capital Management with participation from C2 Ventures, Boro Capital, EVPI Investments, and others.
The commodities exchange platform, connects B2B buyers with a vast selection of electronics, said the funding will be used to expand its product range, venture into untapped markets, and enhance the platform.
Termii also Raised some Funds
Nigerian CPaaS (Communication Platform as a Service) startup, Termii, also raised $3.65 million to fuel its expansion plans and develop new products. Investors who participated in the funding round include Fintech Collective, Launch Africa Ventures, and several other venture capital firms and angel investors.
The company said the funds will be used to promote existing offerings and enter new markets, with a focus on Francophone African countries starting with the Ivory Coast. Termii Go, the company’s unified communications app, played a significant role in attracting investors by providing real-time engagement between businesses and users.