Author: Staff Writer

With support from prominent African investment groups, XL Africa will help the 20 selected start-ups attract early stage capital between $250,000 and $1.5 million The World Bank Group launched XL Africa , a five-month business acceleration program designed to support the 20 most promising digital start-ups from Sub-Saharan Africa. Start-ups…

Early this week, Dangote announced that it was divesting from the noodle business and selling its assets to Indomie noodles manufacturer, Dufil Prima. The group company said its recent review of its global operations revealed that the noodle business was not in line with its strategic vision. In its…

Jumia Nigeria is pleased to present the 2017 edition of the African Mobile Trends Paper. This is the third white paper presentation from Jumia delving into mobile trends across Africa and specifically Nigeria. The study takes a look at the how the market has democratized mobile internet use, the consumer…

Samsung Electronics West Africa has announced that the 8th generation of its flagship Galaxy S Series, the Samsung Galaxy S8 and S8+, will be available for pre-registration in Nigeria from the 10th of April, 2017.The devices will be available in the Nigerian market from the 5th of May, 2017. Successors…

Leading Pan African bank, Ecobank has teamed up with the prestigious Forbes Woman Africa magazine to launch a 12 part series celebrating the achievement of exceptional women in business. The program, “Against All Odds” seeks to tell the story of inspirational powerhouse women who have defied all odds to achieve…

It is the first day of F8, Facebook’s annual event where developers come together to explore the future of technology. Over 4,000 people attended the event at the McEnery Convention Center in San Jose, California, and of course, millions watched the keynote via Facebook Live. Here are some of the highlights…

Overall, there was a 17% increase in the number of Fortune 500 companies in MEA in 2016 compared to 2015, with Johannesburg being the leading destination for Africa The Middle East Africa (MEA) region has become increasingly important for the majority of global Fortune 500 companies, according to a new…

Fate of the Furious, the eight in the Fast and Furious franchise has broken the global box office record by reeling in $532 million this easter weekend. This is marginally higher than the $529m (£421.8m) taken by Star Wars: The Force Awakens. The film opened with $100.2m in the US and $432.3…

Award winning singer, songwriter and music producer, Cobhams Asuquo, stars in MTN Nigeria’s new ad – Blind Faith. Cobhams is a brand ambassador for the telecoms giant in Nigeria This new ad opens with Cobhams on a walkway reminiscent of Dr. Xavier in X-Men in Cerebro. Cerebro is a massive device that…

Leading online classifieds, OLX Nigeria is sharing happiness and hope this Easter season by supporting the WeCare4IDPs Initiative. The campaign is dedicated to raising funds to support Internally Displaced Persons (IDPs), as part of their efforts to make a positive impact on Nigerians. The Management and staff of OLX came…

Infinix Mobility is launching a new smartphone, the second in its Infinix HOT S series. It is the X522. The Infinix HOT S series is is the lifestyle product series introduced in 2016, targeted at lifestyle and fashion driven audience. The Hot S series lays emphasis on taking amazing shots with in-built features such as face…

Just about the time the Camon CX was launched, I happened to be in Kenya although not in Nairobi, but I thought it was great for TECNO to go international, especially because the TECNO Phantom 6 was launched in Dubai, Burj Khalifa. Cutting long story short, I attended the very…

This Easter, Innovation Village is resuscitating its monthly Giveaways. For the month of April, we will be giving Nigerians 1000 Naira recharge vouchers everyday. All you have to do is: Like the Innovation Village Facebook page – @InnovationVillage Follow Innovation Village on Twitter – @Innovationville Comment on the articles that…

The fearless Gambian human rights activist won New African Woman magazine’s Woman of the Year Award at the Award ceremony that took place in Dakar last night. Fatoumatta Jallow-Tambajang was instrumental in galvanising the opposition that eventually beat long-term now exiled leader Yahya Jammeh. Held at a glitzy Gala Dinner…

Naspers has increased its stake in South African eCommerce company, Takealot with a new investment of R960 million ($71 million). This latest investment follows earlier investment from both Tiger Global and Naspers in 2015. The deal, which is subject to Competition Commission approval, will increase Naspers’ stake in the South African e-commerce company…

Hitherto, Facebook only allowed person-to-person payments on Messenger. The payment was only possible between two people. This week, Facebook launched a feature where you can now you can send or receive money between groups of people on Messenger. Whether you are receiving money from a group of friends for a party or…

Google is indeed going into an area it has never ventured into before; food delivery and home services.  The tech giant has just launched an app called Areo in India. Areo is basically an Android app that enables you order for food from your favourite restaurants, providers and chefs and…

“stunning, thoughtful and visually arresting” The Guardian “gorgeous and appealingly weird” The New York Times “‘The Young Pope is confounding, captivating and one of the most unsettling shows in years” The Washington Post In an African first, the critically acclaimed new series The Young Pope is available exclusively on Showmax.…

In celebration of 100 years of heritage & service, Union Bank is running a Centenary Innovation Challenge to unearth and support good ideas for addressing critical social and business challenges in Nigeria in entrepreneurial ways. The innovation challenge will engage eligible young and talented people across Nigeria to submit novel ideas…

Dangote Flour Mills has posted a profit before tax of N11.82 billion for its financial year ended December 31, 2016. According to the results released on the floor of the Nigerian Stock Exchange (NSE), the company has returned to profitability after four years of losses. Review of the results indicated…