Author: Staff Writer

I am a staff at Innovation Village.

Africa-focused private investment firm, Helios Investment Partners, has partnered with Spanish based multinational food company, GBfoods S.A. (GBfoods), to create one of Africa’s largest Fast Moving Consumer Goods (FMCG) businesses. GBfoods Africa Holdco B.V. (the JV), a joint venture owned by GBfoods and Helios, has acquired assets from different African companies including leading…

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South African online education provider, GetSmarter, has been acquired by 2U Inc. in all-cash transaction for approximately $130 million. The acquisition is expected to strengthen 2U’s position in the approximately $1.9 trillion global higher education market which is expected to grow approximately 8% in 2017, while accelerating two of the company’s…

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AfriLabs, the largest network of technology and innovation hubs in Africa, is holding its Annual Gathering this year in Cairo, Egypt from the 18th to 20th of October 2017. The AfriLabs Annual Gathering is the biggest convergence of key stakeholders in the African technology ecosystem who come together for 3…

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Uber has announced that it is lowering its fares in Lagos by 40% effective from the 4th of May. Interestingly,  Taxify, a competitor announced its fare reduction also yesterday. So is this move a reaction? According to Uber, “We want to make sure that Uber is an affordable way to…

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