You are unemployed. Not that you do not want one, it is because you have not gotten one. Whether you have a job or not, you have to survive. There are dozens of opportunities for you to make money without a job and bring in some extra bucks. If you’re…
Author: AdeO
Sokowatch, a Kenyan e-commerce startup has raised $14 million in its series A funding from Quona Capital, Amplo, Breyer Capital, Vertex Ventures, Timon Capital and 4DX Ventures. A year ago, Sokowatch raised $2.5 million in additional seed funding from new and existing investors in addition to $2 million a year…
MultiChoice Group, owners of DSTv has announced the establishment of the MultiChoice Innovation Fund (the Innovation Fund), an extension of its existing Enterprise Development Trust. With the aspiration of being a pillar to propel small businesses forward, the Innovation Fund will invest in exciting new opportunities for innovators in the…
Ringier Africa Digital Publishing owners of online news site pulse.ng and pulse buzz app has been announced as one of the winners of the Google news innovation challenge. The Google news innovation challenge(GNI) is an effort by Google to work with the news industry to help journalism thrive in the…
The coronavirus has already led to factory shutdowns in China and MWC’s cancelation, and now Reuters reports that Samsung was forced to close a South Korean factory after an employee was tested positive to the virus. The company hopes to resume most of the production soon and has placed colleagues who came…
Olam International, a leading global agri-business, has collaborated with the Massachusetts Institute of Technology Solve (MIT Solve) to design a challenge aimed at addressing Nigeria’s issues around sustainable food systems. Olam International and MIT Solve co-hosted a challenge design workshop which held recently in Lagos in an attempt to proffer…
Twitter has acquired Chroma Labs, the firm behind an editor for photos and videos meant specifically for Instagram and Facebook Stories, as well as for Snapchat. Whether the acquisition means Twitter is also launching a feature for ephemeral posts remains to be seen. All the social media’s product lead Kayvon Beykpour said in his…
MultiChoice has released an updated price list for DStv subscriptions for 2020, with several packages getting an increase. In a recent statement, it said the updated fees will take effect from April 1, 2020. Both DStv Premium and Compact Plus subscribers will have to pay R120 ($)8 more this year,…
Binance, the company behind the leading global cryptocurrency exchange and blockchain ecosystem, today announced the launch of Binance Cloud, an infrastructure solution for customers and partners to launch digital asset exchanges leveraging Binance’s industry-leading technology, security and liquidity. Binance Cloud will mirror core functionalities of the Binance global exchange, ranging from…
The Deadly Coronavirus is not just affecting people’s health but it’s impacting the health of businesses all over the world. In fact, Apple says the outbreak is hurting businesses more than they even expected. This is because it is limiting how many iPhones it can make and sell in China,…
UNICEF and Duke University has announced the selection of the first cohort of social entrepreneurs participating in the Duke-UNICEF Innovation Accelerator. Building on UNICEF’s 70-year history of innovating for children and Duke’s track record of success in entrepreneurial education, the Innovation Accelerator aims to support social enterprises tackling the most…
Amazon founder and CEO Jeff Bezos has announced the launch of a new Earth Fund that the e-commerce chief plans to use to combat the effects of climate change. He said in an Instagram post that he’s pledging $10 billion to start the fund, which will be called the Bezos Earth…
Tolaram Group, the makers of Indomie which has made as much as $1.8 billion fortune in cereals, noodles and infrastructure in Africa is now planning to use its global reach and local relationships to move into digital banking there. The group has a blueprint of sorts from another business it owns — PT Bank…
The Anzisha Prize–Africa’s premier award and fellowship for Africa’s youngest entrepreneurs – is excited to announce that the 2020 call for applications is now open. Every year, the prize celebrates 20 African entrepreneurs, aged 22 years and younger, each of whom has a chance to win a shared prize of…
As business founders, you need more than exceptional talent to succeed. To create a winning team, entrepreneurs can learn from businesses who came together to reach their full potential. Here are 5 tips on how to create a winning team for your business. Rally your team around a shared vision…
The Nigerian Chamber of Commerce, Industry, Mines and Agriculture (NACCIMA) has disclosed that the number of those that were unemployed had risen from 3.5 million in 2010 to about 21 million as of the last quarter of 2018 adding that it could be inferred that there were now 23 million people…
Green Africa Airways, an airline based in Lagos, Nigeria has signed a Memorandum of Understanding to purchase 50 Airbus A220-300 aircraft. Should the agreement between Green Africa Airways and Airbus convert into a firm order, it will be the largest order for the aircraft from the African continent. A word…
Bitfxt, a Nigerian cryptocurrency and blockchain technology startup, has secured $15M in funding from a UK syndicate of Hedge Funds and UK company, Payitup Clearinghouse Ltd (UK). Furthermore, Bitfxt has also concluded an agreement with the syndicate to extend a $125M Revolving Margin Facility for all its traders to leverage their…
Union Bank of Nigeria has sold its United Kingdom subsidiary, Union Bank UK (UBUK), to London-based investment manager MBU Capital, subject to regulatory approval in Nigeria and the UK. Lagos-headquartered Union Bank, listed on the Nigerian Stock Exchange, said the sale of its 100% stake was part of a move “to geographically streamline its business…
A partnership commitment from African Development Bank (AfDB) and Tony Elumelu Foundation (TEF) has overseen the release and disbursement of $2.5 million to selected startups across Africa. Chairman of TEF, Tony Elumelu, while congratulating the African Development Bank (AfDB) and its President, Akinwumi Adesina, recently, on their commitment to African entrepreneurship,…