Teleology Holdings has pulled out of 9mobile. According to the founder of the company, Adrian Wood in a statement, “Fifteen Teleology experts have worked since June 2017 on detailed 9mobile turnaround planning, development strategies and financial restructuring. This included lining up more than $500 million fresh direct foreign investment from…
Author: Staff Writer
Oui Capital, a venture fund focusing on early stage technology companies in Nigeria, Kenya and South Africa will engage in pre-series A financing of companies in Fintech, Mobility, Innovative healthcare, Education and Two-sided marketplaces. The fund was created to fill the imbalance that exists between high growth technology startups in…
Naspers’ Careers24 has announced that it is closing down its operations in Nigeria effective 1 March 2019. Known as one of the leading job portals in Nigeria, the company opened shop in 2014. Though it has been rumoured for quite some time, the news was confirmed in an official announcement by the…
The Tony Elumelu Foundation has opened applications for the 5th cycle of its $100 million entrepreneurship programme. The TEF Programme is a 10-year, $100 million commitment to identify, train, mentor and fund 10,000 African entrepreneurs. Its objective is to generate at least 1,000,000 new jobs and create at least $10…
One of Japan’s largest companies, Sumitomo Corporation has invested in M-KOPA Holdings Limited. Though the amount was not stated, the investment was announced in December 2018. M-KOPA empowers homes and small businesses. It has pioneered and built an advanced pay-as-you-go platform – unlocking solar, information, technology, finance and opportunity for…
Factories and manufacturing facilities are extremely important as they help to produce products that are used for a wide variety of purposes. For those that own or manage a factory or other production facility, finding ways to be as efficient as possible is very important. While it used to be…
Vodafone Ghana has emerged as a winner in the recent bid for 4G spectrum license in Ghana. This was recently confirmed by the National Communications Authority (NCA). According to the NCA in a statement issued, “The National Communications Authority (NCA) announces for the information of the general public that Ghana Telecommunications Company…
Law enforcement is an incredibly important field, as it is responsible for keeping people and society safe. To help make it easier, many law enforcement agencies today are trying to rely on technology to help them catch criminals and prevent crime. Some of the most common forms of technology used…
According to ‘Bosun Tijani, CEO of Co-creation Hub Nigeria will be launching a Design Lab in Kigali, Rwanda in 2019. He made announcement via a Facebook post recently. According to him, the lab will be staffed with Designers, Engineers and Product Developers who will collaborate with top scientists globally to solve…
The spirit of business is alive and well in Africa, particularly in Nigeria and Zambia, where almost 40% of people have run their own business for more than 3 years, or are in the process of starting one. Setting up your own business if you are later in life has some…
During the month of November, pan-African edtech company Snapplify took home three prestigious international education awards. At the Reimagine Education Conference in San Francisco, Snapplify received the Reimagine Education Overall EdTech Award, as well as the category award for E-Learning. In Cape Town, Snapplify also took first place at the…
On December 13th, Seedstars World, the biggest startup competition focused only in emerging markets, closed its annual tour in Africa with the Seedstars Africa Summit 2018 conference, for more than 300 participants, from more than 20 countries, among startups, different stakeholders, media and general public. After two days of intense…
Eight pilots have successfully passed their drone flight training in Tunisia following a two-week intensive training period organized by the Ministry of Agriculture of Tunisia, the African Development Bank and Busan Techno Park. The training which focused on handling, maintenance and the security aspects of flying drones, took place in…
In line with its commitment to skills development and the empowerment of entrepreneurs in Nigeria, GE , the world’s premier digital industrial company, yesterday launched an e-learning portal for its Lagos Garage advanced manufacturing training program with the objective of extending the training program’s reach to thousands of Nigerians across the…
What if you are the parents of a seven-year old kid entrepreneur? And this seven-year old earned an estimated $22 million in the last one year playing with toys? Of course most parents would be so proud that the kid is working for them or is it child labour? But…
Africa is currently on the cusp of a digital revolution. The freelance economy is slowly becoming the norm, and TERAWORK is a dominant force behind this paradigm shift. Meet TERAWORK TERAWORK is an exceptional hub that brings expert professional service providers, freelancers with clients (business or individuals) that require their…
Leading African financial institution, Guaranty Trust Bank plc, announced the launch of Habari, a platform for music, shopping, lifestyle content and more. Unveiled on Friday, November 23, 2018 at a special event attended by renowned personalities in the entertainment, media and technology sectors, Habari offers users direct access to the…
MTN Group and Orange Group have announced a joint venture, Mowali (mobile wallet interoperability), to enable interoperable payments across the continent. Mowali will immediately benefit from the reach of MTN Mobile Money and Orange Money, bringing together over 100 million mobile money accounts and mobile money operations in 22 of sub-Saharan…
Standard Bank has launched a new Mobile Virtual Network Operator (MVNO) service providing voice and data services in South Africa. The MVNO, known as Standard Bank Mobile, will ride on Cell C and MTN’s network. The launch is coming two years after the bank ruled out its entry into the telecoms…
Early this week Tecno launched the Tecno Camon 11 and Camon 11 Pro into the Nigerian market. This is the latest iteration in the Camon Series. It succeeds the Camon CX series introduced by Tecno in 2017. Compared to the Camon CX 16MP Rear Camera and 16MP Front Camera, the…