Author: Staff Writer

Uber Nigeria today announced that it is now making low-interest, used-vehicle loans available to its top-rated driver-partners. The pioneering move is the result of partnerships entered into between Uber Nigeria and First Bank of Nigeria Limited, as well as smaller financiers. This means that, for the first time, Uber driver-partners…

World’s leading Internet television network, Netflix surpassed $2 billion in revenues for the first time in the third quarter of its operating year. Operating income amounted to $106 million (compared with our $64 million estimate) while net income was $52 million (vs. forecast of $22 million). Interestingly, forty percent of its global…

The Management of Dangote Industries Limited has announced the acquisition of Twister B.V., a company headquartered in the Netherlands. Twister BV is an engineering company that offers gas processing solutions which can play an essential role in meeting future world energy supply challenges. Twister B.V. used to be owned by Shell…

Nigerian Mobile Money Operator, ChamsMobile Ltd, under its brand ‘Kegow’, has announced the introduction of a Mobile money account for Nigerians living abroad in socalled “diaspora”, an account which will include a linked Visa Virtual Card as a standard feature. Gavin Young, DMD, ChamsMobile explains: “If we consider that there…

Unilever has been certified as the Top Employer in Africa for the third time in a row. For a company such as Unilever to achieve business success, it is important that its leadership create an environment where employees feel valued, where their creative ideas can germinate and contribute towards the…

The International Institute of Tropical Agriculture (IITA) Nigeria, has been awarded the 2016 Al-Sumait Prize for Food Security – $1million and a gold medal – for its work in improving the yields and nutritional quality of major staple food crops, such as cassava, banana and maize. IITA is one of the…

The concept of Corporate Social Responsibility (CSR) developed alongside the emergence of corporations more than a century ago and is now practiced by most companies and institutions around world. While corporations may vary in their level of commitment to CSR, their practice is largely focused on corporate philanthropy such as…

In a press release by Samsung, the company has stated that, “We are working with relevant regulatory bodies to investigate the recently reported cases involving the Galaxy Note7. For the benefit of consumers’ safety, we stopped sales and exchanges of the Galaxy Note7 and have consequently decided to stop production.”…

Wutiko, a professional network to connect people, has won Seedstars Dakar. Wutiko will be joining the other flag bearers from different countries, representing Senegal at the global Seedstars Summit in Lausanne, Switzerland on the 6th April 2017. Wutiko aims to solve the high rate of unemployment in Africa & lack…

Last week, the government of Rwanda launched the use of drones (Zips) for the delivery of medical supplies. Known as the land of a thousand hills, Rwanda has a challenging topography which makes travel difficult and long. So the government launched this drone delivery network to reduce the time it takes to…

As the 4-week countdown to D’Banj’s biggest UK headline tour begins, the KOKO Master has lined up a handful of exciting surprises and special announcements for his UK fans and audiences. The latest of which is that D’Banj and UBER have come together to offer his fans a free ride to the D’Banj concert,…

Nigeria’s largest online mall, Konga.com, has again demonstrated its commitment to giving back to the tech community by providing learning opportunities and professional experience to students at the tertiary education as well as fresh graduates. The program which is currently focused on software developers comprises of two categories of trainees:…

Thomson Reuters announced today the launch of Thomson Reuters Labs – Cape Town. The Lab will see Thomson Reuters engage with the region’s vibrant innovation ecosystem and dynamic startup community to fuel growth and empower success for Thomson Reuters customers worldwide. It will have a presence at Bandwidth Barn, a…

Netflix, the World’s leading Internet TV service and Spectranet, Nigeria’s leading 4G broadband service provider, today announced the deployment of one of the first dedicated Netflix servers in Africa. This high capacity server will hold the entire Netflix content library, in Lagos, providing Spectranet’s customers with the best possible video…

GE created the Garages program in 2012 to reinvigorate America’s interest in invention, innovation, and manufacturing. In 2014, Garages went global with three weeks of workshops amidst a fully equipped fabrication lab in Lagos, Nigeria, at GE’s regional headquarters. In late 2016, GE will expand on past successes by evolving…

In another first from Econet, EcoSure has unveiled a funeral package dubbed “Thwala Sonke” which allows existing and potential policy holders to cover their immediate and extended family members directly from their mobile phones. Thwala Sonke means “carry them all”. Launching the service, Econet Wireless CEO Mr Douglas Mboweni said,…

The South Seven, a South-Eastern based investment network in partnership with DevEast and arise is calling for applications from innovative entrepreneurs for its first investment event of 2016; Owerri Impact Day. This bi-annual event, which will take place on Friday, November 25th will bring angel investors focused on the South East…

Starta and Ingressive are partnering together to host The High Growth Africa Summit, a 2-day conference on how to build, scale and fund high growth businesses in Africa. This summit is a culmination of the 2016 tech tour, which features leading players in the global tech ecosystem. It will convene successful business…

In the modern and globalised world, it is of utmost importance that students have an International educational experience. This experience will help improve their view of the world, boost their curriculum vitae and help open up networking doors for students who take the opportunity and embrace the challenge. For such…

Safermom recently emerged as one of the top six winners of the Internet.org Innovation Challenge in Africa awards. Innovation Village had the chance to talk with the CEO, Adeloye Olanrewaju (CEO & Co Founder) . Here is the interview below. He set up this business with Cletus Ajibade who is also the CTO…