Author: Staff Writer

I am a staff at Innovation Village.

Start-ups SHOPIT, EXPORTUNITY and WAKULIMA from South Africa, Benin and Tanzania respectively, emerged today the winners of the Nestlé Research and Development (R&D) Sub-Saharan innovation challenge. Selected from among a highly competitive group of 174 submissions received from 27 different countries across Africa, these start-ups projects were judged by a panel of Nestlé executives as…

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Global investment firm, Carlyle Group, has acquired a majority stake in South Africa based Environmental, Health and Safety (EHS) software vendor, Isometrix, through its $698 million Carlyle Africa (Buyout) Fund. Financial terms of the transaction were not disclosed. Madison Park Group served as exclusive financial advisor to IsoMetrix on the transaction and existing…

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True to our report in March 2019, Nigerian based logistics company, Kobo360 has officially launched in East Africa, Kenya to be precise. The launch was presided over by Kenya-based Africa Region CEO, Kagure Wamunyu,  in an event attended by business partners, media and other stakeholders. The logistics company which recently raised…

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Twitter CEO Jack Dorsey ‘s account was hacked on Friday. This was noticed when it seemed that he was broadcasting racist messages and bomb threats for about 20 minutes. Twitter quickly acknowledged that the account had been hacked https://twitter.com/TwitterComms/status/1167528672523210752 However they said it was now secure. It also added that there…

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Bolt, formerly known as Taxify, commences operations in its 8th city in Nigeria, Port-harcourt. Previous cities include Lagos, Abuja, Ibadan, Owerri, Benin City, Calabar and Uyo. According to Uche Okafor, Bolt’s regional manager for West Africa; “After successful launches in seven Nigerian cities, expanding to the cosmopolitan city of Port…

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