InfraCredit, a Nigerian specialised local currency infrastructure credit guarantee institution has secured $27 million equity investment from InfraCo Africa, which is part of the Private Infrastructure Development Group (PIDG). This announcement was made by InfraCredit via a tweet yesterday; This investment makes InfraCo Africa an equivalent shareholder alongside the Nigeria Sovereign…
Author: Staff Writer
What Nigerians were searching for on Google in 2020
The final shortlist for the AppsAfrica.com Innovation Awards which celebrate the best in mobile and tech from across Africa has been announced. The sixth edition of the awards attracted over 500 submissions from 51 countries, with solutions launched by start-ups, established ventures, and corporates. The awards strive to showcase leading ventures from…
Nigerian medical research startup, 54gene, has opened a private lab capable of human whole genome sequencing with illumina’s Novaseq 6000 in the country. This was made possible due to the company’s partnership with US firm Illumina announced in September this year. The announcement of the unveiling of the lab was…
Tunisia-based Esprit Group has joined the Honoris United Universities network, the Actis-backed largest pan-African network of private higher education institutions. Founded in 2003 by three pioneering Tunisian higher education academics – Prof. Tahar Ben Lakhdar, Prof. Naceur Ammar, and Prof. Mohamed Jaoua – ESPRIT Group provides students with a dynamic…
Flour Mills of Nigeria has appointed Omoboyede (‘Boye) Olusanya as its new Group Managing Director/Chief Executive Officer. The new appointment takes effect from 1st January 2021. Mr Olusanya, who joined the company in March 2020 as Group Chief Operating Officer, will be taking over from the incumbent, Mr. Paul Gbededo,…
Apple has announced a free fix program for a small percentage of iPhone 11 that do not respond to touch due to an issue with the display module. Apple says that affected devices were manufactured between November 2019 and May 2020. If your iPhone 11 has been exhibiting this issue,…
YouTube has released the top 10 ads watched in 2020. The year-end YouTube Ads Leaderboard celebrates the ads that got the most views, shares, and all-around love from YouTube audiences around the globe Nike’s You Can’t Stop Us took the top spot for the second time, with a video that spoke…
There are a lot of really wonderful reasons why working from home can be a great thing. You can completely eliminate your commute, which saves time, you can save money on things like gas, and you can avoid some of the meetings that are rampant in traditional office settings. Those…
The Unite Kingdom will be the first western country to approve the use of Pfizer/BioNTech coronavirus vaccine. The Medicines and Healthcare products Regulatory Authority (MHRA), says the vaccine, which offers up to 95% protection against Covid-19 illness, is safe to be rolled out. According to Health Secretary Matt Hancock, the…
Egypt-based ecommerce solution provider ExpandCart, has raised $2.5 million in a Series A round, led by Egyptian VC Sawari Ventures with the Agility Ventures and Graphene Ventures. Two angel investors also participated in the round. Founded in 2013 by by Amr Shawqy and Sameh Nabil, ExpandCart provides comprehensive eCommerce solutions…
Finding innovative solutions to support lower-income communities in Africa
UNICEF Innovation Fund Call for Frontier Technology Solutions for Child Online Safety
Google is making its search function more relevant by introducing a new feature that ensures that everyone can found on Google whether famous or not. The feature is called people cards. People card is like a virtual card, where you can highlight your existing website or social profiles you want…
One of the industries badly hit by the COVID-19 pandemic is the events industry. Nigeria is known for lavishly celebrating important moments and occasions and due to the social distancing guidelines with respect to number of people in gatherings, events have been at an all-time low. Thankfully, Nigeria is coming…
The Nigerian government will kick-off the rollout of the National Gas Expansion Programme (NGEP) in Abuja tomorrow, 1 December 2020. This program will target the delivery of One million vehicle conversions (from petrol/diesel to autogas) by the end of 2021. The project heralds the government’s clean energy transition for Nigeria…
Mozambique’s Chicoa fish farm has secured $1.5m Series A funding from Goodwell Investments, a Netherlands-based investment firm focused on financial inclusion, fintech and inclusive growth. Founded by Gerard McCollum and Damien Legros in 2015, Chicoa fish farm was set up to address the shortage of protein in the continent through…
Innovation Village may earn a commission when you buy through links on our site. There are still some awesome deals available this Black Friday across all the products on Amazon UK. You have up to 30% off headphones from Sony, Bose, Jabra, JBL, B&O and more Here are some of…
Tony Hsieh, known to be the face of the revolutionary company, Zappos, has died at the age of 46. At this moment, details about his cause of death are unknown but his death was confirmed by his family in a text message to friends and a statement from CEO Zappos.com,…
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