Seedstars World, a Swiss-based startup competition in emerging markets, and the African Development Bank have announced a strategic partnership to implement its innovative ‘job creation track’ model to support youth employment and entrepreneurship in Africa. The partnership is in line with the Bank’s entrepreneurship and innovation lab under its Jobs…
Author: AdeO
The Ministry of Communications headed by Dr Isa Pantami will now be known as the ‘Federal Ministry of Communications and Digital Economy’ following approval of a request by the minister. A statement signed by the Deputy Director, Press and Public Relations in the ministry, Philomena Oshodin, said the name change…
AZA Group, the new parent company of brands BitPesa, TransferZero and BFX, has announced a landmark $15 million in debt financing from the Development Bank of Southern Africa (DBSA), one of the development finance institutions in Africa. AZA Group is the leading provider of currency trading solutions focused on accelerating…
Actress Alexis Bledel, best known for her role as Rory Gilmore in network television’s “Gilmore Girls,” has been named the world’s most dangerous celebrity to search online by McAfee. For the thirteenth year, McAfee researched which famous individuals generate the riskiest results that could potentially expose their fans to malicious…
Seedstars, the leading emerging market startup community and investor has partnered with GrowthLab, formerly known as Starta, a membership platform for educating entrepreneurs in Africa on how to build high growth business, to launch Seedspace GrowthLab on November 8, 2019. The new hub, located on the second floor of the…
Burnout is not good news. Employes who feel burnout by their job risk a range of health problems, impacting both their quality of life and their work performance. Beating burnout takes effort from both sides. Employers have to provide ample time off, maintain reasonable expectations, and listen to team members’ concerns. Workers, meanwhile,…
Customers who use unstructured supplementary service data (USSD) channels to access banking services would have to pay new charges from October 21. Some telecommunications network service providers have sent notices to their customers of the new charge. “Please note that from Oct 21, we will charge N4 per 20 seconds…
Halan, an Egyptian technology startup that uses two- and three-wheeled vehicles to transport passengers and goods, will begin operating in Ethiopia before the end of 2019, its chief executive has disclosed. The company, which targets underserved communities, is also expanding to more cities in the Egyptian governorates of Sharqeya, Daqahleya,…
Cars45, a Nigerian based cars auction startup has expanded to Kenya. Cars45 which raised $5 million series A round in 2017, allows customers to buy, sell and swap cars with ease. This announcement was made on the on Cars45 Kenya Twitter handle: “Introducing Cars45 Kenya, the fastest way to buy, sell or swap…
Nokia signed a Memorandum of Understanding (MoU) with Addis Ababa Science and Technology University and Addis Ababa Institute of Technology in order to collaborate and provide high-level technical skills to students in line with rapidly changing market needs. As part of the agreement, Nokia will work with the two universities…
Netflix just released its results for Q3 in 2019 (PDF), showing that it added slightly fewer subscribers (6.77 million) than the 7 million it anticipated, while still notching an all-time record for the quarter. The company cited lower retention rates in the US since its most recent price hike, and justifies…
Ahmadu Bello University (ABU), Zaria has announced that it will establish Smart Classroom with the N53 million donation from UNESCO-ICHEI. Prof. Ibrahim Garba, the Vice-Chancellor of Ahmadu Bello University (ABU) Garba disclosed this at the 2nd International Conference of Institute of Electrical and Electronic Engineering (IEEE) at the main campus…
GreenHouse Capital has unveiled 10 startups that are joining its 2019 Tech Accelerator programme. The startups are from Botswana, Ghana and Nigeria. The cohort, which commenced two months ago, was selected from a pool of over 200 applications from across the continent. GreenHouse Capital founding partner Kunmi Demuren said in a…
Ten African startups have been selected for the final of Jack Ma’s Africa Netpreneur Prize Initiative (ANPI). The final will take place in Accra, Ghana on 16 November. The Africa Netpreneur Prize Initiative said in a statement that after months of judging and deliberation, 10 finalists have been shortlisted and…
The British Council is inviting applications for its global innovation challenge tagged #IdeasChangeLives. The IdeasChangeLives global innovation challenge is aimed at finding technological solutions to some of the greatest problems in the world. The British Council is looking for people with a new, entrepreneurial spirit and a big idea that can have…
One of the biggest challenges facing the world today is global hunger. The United Nations World Food Programme (WFP) backs this up by stating that “From Africa and Asia to Latin America and the Near East, there are 821 million people in the world who do not get enough food…
Facebook is moving forward with its new cryptocurrency called Libra despite the numerous setbacks from regulatory scrutiny and an exodus of key partners. However, the social media giant and its partners signalled that they’re still planning to move forward with plans to launch the new digital currency in 2020. Twenty-one organizations, including Facebook, formally joined…
Olam International Limited through its Nigerian subsidiary, Crown Flour Mills Limited has acquired Dangote Flour Mills Plc (DFM) for N120 billion. This acquisition was sealed after it was unanimously approved by shareholders of Dangote Flour Mills Plc. Olam International had made an offer for the acquisition of 100 per cent…
The chief executive officer of Jumia Nigeria, Juliet Anammah has identified access to quality education as a key to managing a huge population for a productive economy. According to her, there is a need for policies that support micro industries in order to tackle unemployment. “Providing unemployed youths with internet-enabled…
Co-creation Hub (CcHUB), the leading technology innovation centre in Nigeria and Tai Solarin University of Education (TASUED), Nigeria’s Premier University of Education have unveiled the EdTech Centre of Excellence at the Institution. The centre is a first of its kind academic research centre aimed at accelerating research and development in…