Author: Staff Writer

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…

Google has just launched a new web-based tool that pairs machine learning with drawings created by talented artists to help you draw. It is called AutoDraw Say, you want to make your friend a poster… for her birthday. You can go to the AutoDraw site from your phone or computer. And…

Mastercard is calling for applications for its next Start Path Global 2017 class, the company’s global initiative to support innovative later-stage startups who are reshaping the future of commerce. The programme is open to startups from Africa and across the world who are rethinking banking and payments and have raised…

mLab Southern Africa, a technology accelerator that focusses on skills, product and enterprise development within the tech innovation economy, today announced the continuation of their partnership with the Council for Scientific and Industrial Research (CSIR) and the Department of Science and Technology (DST) aimed at stimulating more open innovation and…

BIMA, the InsurTech pioneer bringing microinsurance to underserved families in emerging markets, announced the close of an investment of USD16.8 million by Axiata Digital, the digital services arm of Axiata Group Berhad (Axiata), one of Asia’s largest telecommunications groups. BIMA is a leading Insurance tech company that uses mobile technology…

Africa Finance Corporation (‘AFC’), a leading pan-African multilateral development finance institution and project developer, has issued a US$500 million 7 year Eurobond. The senior, unsecured Eurobond which carries a coupon of 3.875% was priced to yield 4.000% and matures in April 2024. The Eurobond received strong global interest, with an…

Amplify, Africa’s first paid-fellowship for content creators, held a graduation for its inaugural cohorts on Friday 7 April in Nairobi, Kenya. Three teams of young storytellers from Rwanda, Kenya and Nigeria presented their final projects to an all-star panel of Africa’s leading business, media and technology personalities. The Fellowship was…

Marvel has released the first trailer of the third in the Thor franchise, Thor: Ragnarok. In ‘Thor: Ragnarok’, Thor is imprisoned on the other side of the universe without his mighty hammer, Mjölnir, and finds himself in a race against time to get back to Asgard to stop Ragnarok – the destruction…

An Italian court, on Friday,  ordered Uber to stop all its activities in the country. The court cited unfair competition as the reason for this ruling. The court upheld a complaint filed by the taxi unions. Uber has been given ten days to stop the use of its phone applications,…

The Seedstars Summit took place from the 3rd – 6th of April, 2017. The whole programme took place in Lausanne, Switzerland. The event had the following activities: Seedstars Bootcamp, Monday & Tuesday, April 3rd – 4th, Investor Forum & Semifinals, Wednesday, April 5th, THE Summit – Final, Thursday, April 6th, The theme of the Summit…

The Kaduna State government has commissioned an ICT hub in a bid to achieve its target of having vibrant ICT sector in the state. The hub was declared open on the 5th of April as part of the highlights at the recently concluded KADInvest 2.0 Economic summit which held from the 5th…

Entrepreneurship can be quite difficult especially in an economic situation like ours, however there are Businesses and Entrepreneurs that are thriving and profiting everyday. In Light of this, Startup Grind Lagos will be hosting Bassey Eyo, the CEO of Payporte, to a Fireside Chat to talk about the theme for…

The GSMA has just released the state of the mobile industry worldwide report for 2017. Produced by its renowned in-house research team, GSMA Intelligence, the report contain a range of technology, socio-economic and financial datasets, including forecasts out to 2020. The GSMA represents the interests of mobile operators worldwide, uniting nearly 800…

Today, April 7 2017, many South Africans are either in the streets protesting against President Zuma and his government or staying at home. This is a result of a social media campaign calling on South Africans to shut down the country and take to the streets. In the Facebook event campaign,…

YouTube has mandated that henceforth any channel that does not have a total of 10,000 views or more will not be served ads. According to a Wall Street Journal (WSJ) report, the major shift in policy is designed to punish rule breakers. This move comes amid the backlash from advertisers over…

The new Samsung S8 ad reminds us that there’s a whole new generation out there who will never know that certain barriers ever existed. Through the eyes of this new generation, we explore how Samsung’s innovations have changed what was once considered to be impossible… to normal. There are kids…

Mo Abudu is the latest guest on “Talks at Google”. Mo Abudu has achieved success in various fields; as an Executive in ExxonMobil for nearly a decade, as the promoter behind the Protea Hotel Oakwood Park, as well as the Founder of Vic Lawrence & Associates, one of Nigeria’s leading…

The Nigerian government has presented N756 million (US$2.47 million) grants to 81 young innovators from the Aso Villa Demo Day (AVDD) held last year. The grant award ceremony was held in Abuja yesterday chaired by Nigeria’s Vice President, Professor Yemi Osinbajo. He said that the grants were expected to bring change to entrepreneurship in…

Alcatel has just unveiled the world’s first phone with dual front and dual rear cameras. It is called the Alcatel Flash The Alcatel Flash has four cameras. Both rear-facing cameras have 13-MP sensors. One is colour while the other is monochromatic. For the front facing cameras, One camera is 8-MP while the second is…