The Samsung Engineering Academy in Lagos recently graduated another 72 technicians from its class of 2016. They join the 257 graduates who have passed through the institution over the last five years, and who are expected to deepen the pool of well-trained technicians in the country. With over 170 million…
Author: Staff Writer
Early this week, luxury auto manufacturer introduced the first Mercedes Benz pickup truck under the Mercedes Benz X-Class. The unveiling was done in Cape Town, South Africa on Tuesday. The new Mercedes-Benz X-Class is uniquely versatile in terms of its area of application – it can be used as a…
According to a recent research report ‘VC4A Venture Finance in Africa’ released by Venture Capital for Africa (VC4A), a strong team of founders is the key driver of startup success in Africa. VC4A is a network-building organisation with 50,000+ member community in 159 countries, including 1.000+ investors. The 2017 research sought to…
Ex-Starta General Manager, Yele Bademosi, has announced the launch of Microtraction, an investment platform that provides seed capital to technical entrepreneurs at the very earliest stages of their venture. Microtraction will invest $65,000 in two stages. The first investment is $15,000 for 7.5% equity stake, followed by an additional $50,000 convertible note…
Out of the total of 2500 applications for the 2017 Innovation Prize for Africa (IPA), Aly El-Shafei of Egypt emerged as the Grand Prize winner of US$ 100 000. The patented innovation, Smart Electro-Mechanical Actuator Journal Integrated Bearing (SEMAJIB), by Dr. El-Shafei is a smart bearing that significantly improves turbine performance in single…
In the recent financial report published by Netflix, total membership now stands at 103.95 million. Curiously the international market (outside US) accounts for more subscribers, with 52.03 million. Netflix says its streaming membership grew more than expected, from 99m to 104m, due to its amazing content. International revenue also rose…
Ten teams of 21 budding African social entrepreneurs have been selected as winners of the Resolution Social Venture Challenge at the Baobab Summit in Johannesburg. Winning teams earn a fellowship that includes seed funding, mentorship and access to a network of young global changemakers to pursue impactful projects in their…
Creative Media Works, operating as BBM, has launched Football365 inside Discover in partnership with Planet Sport Publishing, a global, independent publisher of quality sports news and information. Football365, now available in the BBM Discover menu, serves up the latest information covering all the leagues, teams, and goals worldwide. Football fans…
Esoko, a pioneering social enterprise in the field of mobile agriculture, is pleased to announce that it has restructured the company and spun-off its m-commerce and data collection businesses into two new companies. This new structure allows for greater focus and growth in divergent products developed by Esoko. Tulaa, the…
HMD Global, the company behind Nokia phones has introduced the Nokia 105 and 130 with new designs. Earlier in the year, the same company introduced a new look Nokia 3310. It is obvious that the company is targeting more than 1.3 billion feature phone users around the world, many from markets…
Google has just introduced a new recruiting tool called “Hire”. We had reported sometime in April this year that Google was working on this project. We can officially now say that the new product is called “Hire”. According to Brett Johnson Senior Product Manager, Google Cloud, in a blog post,…
Nokia is supposedly coming up with a new android smartphone very soon, the Nokia 8. It is a followup to HMD’s trio – Nokia 3, 5 and 6 unveiled early in the year. By the way, the company also unveiled a reboot of the famous dumb phone – the 3310…
Nigeria’s Farmcrowdy is the only African company in the 2017 Class of Techstars Atlanta, in partnership with Cox Enterprises. Onyeka Akumah’s crowdfunding for small-scale agriculture company is one of the ten companies selected from applications for the program which came from 42 countries with over a third from international companies. Techstars Atlanta…
Truecaller, a company known for providing caller ID, spam detection, messaging services, has shared some insights about spam calls in a report “Truecaller Insights: Top 20 Countries Affected by Spam Calls in 2017.” According to the report, annoying and unwanted spam calls are on the rise around the globe with the…
Uber and Yandex (the Google of Russia) have announced that they will be combining their ride-sharing businesses in Russia and will extend to five nearby markets namely Azerbaijan, Belarus, Kazakhstan, Armenia and Georgia. Yandex will contribute $100 million into a new joint company in which Yandex will own 59.3 percent and…
According to Truecaller, a company known for providing caller ID, spam detection, messaging services, Telecom Operators account for 61% of spam calls in Nigeria. Operator spam calls involve telecom companies cold calling people. During these type of calls, call centre agents attempt to upsell data plans or push promotional offers to the public at…
Effective today, PayPal customers can now pay for App Store, Apple Music, iTunes and iBooks purchases across iPhone, iPad and iPod Touch devices using their PayPal account. This is another payment option for customers who want to use their PayPal balance to pay for music on iTunes. Bill Ready, EVP, COO, PayPal,…
South Korean electronics giant, LG, has just unveiled a new family of mid-range phones with “FullVision” displays called the LG Q6 family of phones – Q6+, Q6 and Q6α. FullVision means it has 18:9 aspect ratio and this makes video browsing, gaming and multi-tasking more immersive. LG says the “Q” series is the…
The trio of DStv SuperSport, Econet Media and the South African Broadcasting Corporation (SABC) have been awarded exclusive broadcast rights for the Olympic Winter Games PyeongChang 2018, the Olympic Games Tokyo 2020, the Olympic Winter Games Beijing 2022 and the Olympic Games in 2024 This distribution of the rights is as follows: DStv…
Huawei and WorldRemit have partnered to increase the availability of money transfer service across Africa. WorldRemit’s service will now be available to all partners of Huawei’s mobile money service platform across Africa. WorldRemit, a leading provider of remittances, currently processes 74% of all international transfers to mobile money accounts coming from money…