Sahel Capital, Fund Managers for the Fund for Agricultural Finance in Nigeria (FAFIN), is investing an undisclosed amount in Dayntee Farms Limited, a commercial poultry farm located in Kwara State, in the North Central region of Nigeria. Founded in 2011, Dayntee Farms produces a variety of poultry products including table eggs, day‐old chicks and…
Author: Staff Writer
Staff Writer
I am a staff at Innovation Village.
Three European development finance institutions and lenders, FMO, Norfund and Rabobank, have agreed to pool their assets in Africa to create a $660 million private equity investment company, named Arise. The partners currently hold stakes in several financial service providers (FSPs) in Sub-Saharan Africa. This new platform, Arise, will be used as a launchpad to…
Africa’s biggest mobile phone operator, MTN Group, has reported a 4.9 billion rand ($357 million) loss for 6 months of operations. This is in sharp contrast to headline earnings of almost 12 billion rand ($874 million) a year earlier. The company blames the hefty fine largely for its woes and…
MTN has commenced with its 4G long term evolution (4G LTE) internet technology service for its users in Nigeria. According to the South African based company, the roll-out of the 4G LTE services would help provide superior high-speed internet services in major cities to empower Nigerians with the latest mobile broadband…
Iran has become the first country to officially ban Pokémon Go. According to a BBC report, the decision to ban the Niantic app was taken by the High Council of Virtual Spaces, the official body overseeing online activity. The reason given was because of “security concerns” even though the concerns were unspecified.…
Interswitch Group, Africa’s leading digital payments and commerce company today, formally recognized First Bank Nigeria Ltd. as the first financial institution in the country to achieve sustained transaction volumes of 100 million transactions, first in December 2015 and again in May 2016. The record transaction volumes represent the total transactions processed by First…
If you are one of those geeks that fiddle with the various operating systems looking for bugs, you should take note of this. Though most tech companies such as Google, Microsoft,Facebook have bug bounty programs and have been paying for discovering bugs, Apple has remained a holdout. Well this is going to…
I was looking for a Rio Olympics 2016 GIF and I realised I couldn’t find any one. Whilst coming through the Internet, I stumbled on a report that the International Olympic Committee (IOC) issued a ban on the press from sharing GIFs from the Olympics. I then read the actual publication…
WaraCake has partnered with The Genesis Sojourner to present the WaraCake Tasking Fair 2016 (#WTF2016). WaraCake, which literally means “come and buy cake” in Yoruba language is foremost online cake and gifts item retail store in Nigeria. WaraCake hosted it’s WaraCake Tasting Fair 2015 (#WTF2015) last year which brought smiles to the…
ShowMax has added a new feature to its Android, Apple TV, iOS and web apps that supports multiple user profiles on a single account. This feature makes it possible to customise the experience of individual users and also to limit the access of children to age-suitable material. Launched in August…
The Language Express, Inc., developers of the Award winning programme, “The Social Express” today announced its partnership with Prognari, an Africa-focused education value-add organization that seeks to develop social, emotional intelligence capabilities and life skills in children and young adults. This strategic partnership supports both companies’ objective of equipping the…
Innovation Village has partnered with Bits & Pretzels to avail founders and people from the startup ecosystem 10% discount to attend the Founders Festival taking place in Munich, Germany from the 25th – 27th of September, 2016. Bits & Pretzels is a 3-day conference for founders, startup enthusiasts, investors and…
The 2016 Rio Olympics Games begin tis Friday and of course, Twitter expects you to keep abreast of all the action on Twitter, Vine and Periscope. The #OpeningCeremony will take place at Maracanã Stadium in Rio de Janeiro, Brazil. This is how you can follow: Twitter Emojis and key accounts The best…
30 Nigerians have been shortlisted to pitch their winning ideas before the Presidency at the Aso Villa Demo Day. They were selected among that pitched at three different events in Lagos, Abuja and Port-Harcourt in June. (The events were held in Lagos – June 23rd, Abuja – June 25th and Port-Harcourt – June 29th.)…
Kennedy Uzoka has taken over as the new Group MD/CEO of United Bank for Africa. He assumed office on the 1st of August, upon Phillips Oduoza’s retirement on the 31st of July 2016. Before taking up the mantle of leadership as the new GMD/CEO of UBA, Uzoka was the Deputy Managing…
When I first saw the concept video, I thought the Transit Elevated Bus (TEB) a.k.a Straddling bus was something for the future. Well I thought wrong. The TEB had its first test run in Qinhuangdao, Hebei province in China on Tuesday August 2, 2016. I don’t know whether to call it…
Twinpine, Africa’s premium mobile marketing company is celebrating its 5th year of operations. The company was founded with a vision to help brand and businesses get more value from the primary channel that connects Africans to the world – Mobile. Officially launched on the 1st of August 2011, a team…
Neku Atawodi is the first hire of Meltwater Entrepreneurial School of Technology (MEST) Lagos Incubator. As the General Manager, she will be responsible for incubator operations and strategy, startup support, stakeholder engagement, business development and fundraising efforts for MEST. Announcing the appointment, MEST says Neku will serve as the local ambassador of…
Terragon group is spearheading conversations around city contributions to development in times of recession The second edition of the Terragon – Lagos Business School (LBS) breakfast forum #TheDigiSeries held at the Lagos Business School on the 21st of July 2016. Themed “Smart cities: Strategic positioning in the time of recession”,…
One of the most important things most people might be asking is: What is the difference between the Note5 and the Note7? The Samsung was officially unveiled at a Samsung Unpacked event today. Well Samsung has graciously provided that answer in an infographic below.