In May, HTC revealed plans for a smartphone powered by blockchain. Well, it seems the smartphone is ready as the Taiwan tech giant has announced that the device named Exodus, will launch on October 22 according to an Instagram post. Blockchain refers to the decentralised ledger technology which underlies cryptocurrencies such…
Author: AdeO
Managing and organising a company’s finances is essential to long-term business survival. It involves more than properly keeping numbers: it implies good analytical capacity and skills to make the right strategic decisions. The success of any business is based on the proper management of resources, innovation and in being competitive with…
Kanye West has not hidden his support President Donald Trump. So, it was not a surprise to anyone that he finally met Trump at the Oval Office. During the meeting, West proposed the iPlane 1, a hydrogen-powered plane that would replace the existing Air Force One. West showed Trump the…
South African solar micro-leasing marketplace Sun Exchange has received a US$500,000 seed investment from Alphabit, a multi-million-dollar hedge fund, to allow it to expand its operations. Sun Exchange is a buy-to-lease solar marketplace that leverages cryptocurrency to allow users across the world to buy into solar projects and receive income from…
Applications are now open for 2018 Global Citizen Prize for Youth Leadership presented by Cisco to recognize and lift up a young person positively impacting the world, as a way to demonstrate the impact that young people are having on achieving their common goals. Cisco and Global Citizen are united…
The Managing Director of Jumia’s hotel and flight services; Omolara Adagunodo has been named among the top 100 tourism personalities in Nigeria 2018 by Travellers Magazine, the First Travel Magazine in West Africa published since 1996. The compilation which is aimed at providing a database of “Who is who” in the…
In July, Google was slammed with a record fine of $5bn over Android antitrust violation by the European Commission. Now, the tech giant says that it will it will appeal the record $5 billion antitrust fine by European Union authorities. A company spokesman, Al Verney, confirmed that the company has filed…
Applications are open to entrepreneurs from around the world for UK-based WorldLabs’ Elevating Ideas competition, offering GB£50,000 (US$64,800) in grant funding and support to help boost an innovative, scalable idea with high potential. The WorldLabs mission is to help ideas develop and grow by providing the funding, tools and connections needed to…
Lagos startup Week, an annual week-long celebration of entrepreneurs, investors, professionals, and creatives in the city of Lagos held its fourth edition last week across various venues in the city. The event, organised by Prime Startups, is reshaping the entrepreneurial culture in Lagos, and by extension, Nigeria. Through a hard…
Nigeria has come a long way when it comes to financial inclusion. We have gone beyond digging holes in bedrooms to bury money to keeping money in the bank. According to the Global Findex Database report by the World Bank, only 40 per cent of Nigerian adults have bank accounts. Sadly,…
When a business is small, finding ways to bring in business usually falls on the business owner’s shoulders. But business owners often don’t have much experience in marketing or selling. If you’re a startup or an existing business that’s looking for more ways to grow your customer base, these strategies…
MTN Group Ltd. and its bankers have provided more documents that may reduce Nigeria’s $8.1 billion claim on the South African telco. The Central Bank of Nigeria Governor Godwin Emefiele said. The central bank slammed the huge sum on MTN in August claiming that the telco illegally repatriated money from…
Taxify has launched its operations in Ibadan and Owerri, becoming the first top-tier car-hailing service to expand beyond Lagos and Abuja. The company explained that it expanded to Ibadan and Owerri in response to requests from passengers and drivers, becoming the third and fourth cities in Nigeria that Taxify operates in, in addition to Lagos and…
Ugandan startup, Yunga, have emerged winners of the Ugandan leg of this year’s edition of the Justice Innovation competition organized by the HiiL Justice Accelerator. By virtue of their victory in the competition, the Ugandan startup has also bagged a cash prize of USD 6 K and a place at the…
“I, too, used to run a business. I ran it for 18 months until I ran out of funds, after exhausting all my life’s savings. The great business idea, the market was huge and overwhelming. I started, I pushed it as much as I could. I served a market that…
Wenadata, an innovative integrated opinion platform has been named the winner for its innovative sustainable solution at Seedstars Maputo competition. Wenadata won the Mozambique round of Seedstars World and will represent the country at the Seedstars Summit in Switzerland to compete for up to USD one million in equity investment and other prizes.…
We’re distracted like never before — and our phones are probably the biggest culprit. But there is a way you can live with one and still get things done. When your mind is even slightly resisting a task, it will look for novel things to focus on. And it doesn’t…
Instagram has stopped working, with people unable to see people’s pictures or profiles. Issues are particularly affecting users in northern Europe, Australia and the west coast of the US, according to the outage-tracking website Down Detector. The problems come amid a difficult time for Instagram. The company’s two founders left in recent…
Facebook has discovered a security issue that allowed hackers to access information that could have let them take over around 50 million accounts, the company has announced. “This is a very serious security issue, and we’re taking it very seriously,” said CEO Mark Zuckerberg said on a call with reporters.…
German start-up investor Rocket Internet is preparing its African online shopping platform Jumia for a possible New York listing in the first quarter of 2019 which could value the firm at about $1 billion according to Reuters. Shares worth up to $250 million may be sold, adding that no final…