Chierika Ukogu set out to sponsor herself via GoFundMe when there was no financial support from the Nigerian Rowing Federation. Yesterday she tweeted that she surpassed her sponsorship goal of $15,000. As at the time of this report, she has raised $15,646. https://twitter.com/cukogu/status/764245519979782144 And she is ready to compete in the D-Finals…
Author: Staff Writer
Staff Writer
I am a staff at Innovation Village.
In true pioneering fashion, Epic announces a groundbreaking alliance with Sony Music West Africa, and Sony Music South Africa for the worldwide launch of Jidenna’s anxiously awaited debut album, Long Live The Chief [Wondaland Records/Epic Records]. During this synergistic global experience, Jidenna will tour the African continent for a series of exclusive…
Singapore-based YuuZoo Corporation Limited has partnered Etisalat Nigeria to launch a revolutionary new social e-Commerce platform for the SME sector, “SME Arena”. SME Arena helps small & medium-sized businesses in Nigeria drive networking, profitability and brand awareness through: Community: Get Social with one’s business. Under the Community feature, vendors have access…
Tanzania’s leading digital lifestyle company, Tigo has announced another quarterly payment of Tshs 5.6 billion (US$ 2,570,120) to Tigo Pesa users, the ninth time in a row that the telecom is distributing profit to its mobile financial services users. Speaking at press conference in Dar es Salaam today, Tigo Head…
Reach for Change Africa is calling on social entrepreneurs, NGOs and government to play their role in strengthening the social entrepreneurship sector in Africa on International Day of Youth 2016. Reach for Change Africa, which runs innovation competitions, incubators and accelerators to support innovative African social entrepreneurs, affirmed that the…
Arianna Huffington, the editor-in-chief of Huffington Post has announced that she is leaving the company to run a new venture called Thrive Global. https://twitter.com/ariannahuff/status/763700400314867712 Thrive Global is a corporate and consumer wellbeing and productivity platform. It provides trainings, seminars, e-course, coaching and ongoing support based on the latest scientific findings…
Afolabi Abiodun, CEO of Nigeria-based telecommunications company SB Telecoms, couldn’t quite believe his eyes as he stood on Stanford University’s bustling Silicon Valley campus recently. Milling around him were 700 other entrepreneurs from 170 countries, all gathered to participate in the 2016 Global Entrepreneurship Summit. For the next three days, Abiodun, a…
Iyinoluwa Aboyeji has left Andela to start a new Payments company called Flutterwave. According to the website, Flutterwave provides technology, infrastructure and services to enable global merchants, payment service providers and Pan African banks accept and process payments on any channel (Web, Mobile, ATM & POS) In an email to his…
Bits & Pretzels, the 3-day event for founders, startup enthusiasts, investors and business incubators taking place from September 25 – 27 2016 during Oktoberfest in Munich, introduces a special guest for this years’ event: Sir Richard Branson, successful British Entrepreneur and Virgin-Founder himself, will direct an appeal to the German…
Applications are now open for the 2016 edition of Appsafrica Innovation Awards. The awards celebrate the best in mobile and tech from across Africa. It considers 10 categories in which ventures have clearly demonstrated innovation using mobile or technology to meet the needs of any African market(s). The 10 award categories are as follows: Disruptive Innovation…
Paul Pogba is back! This was officially announced by Manchester United at about 00:35a.m. (London Time) as the most recent recruit for Manchester United. And social media is agog with the news of the player that was let go for £1.2 million in 2012 and now bought back from Juventus at a record…
Her dream started in 2006 at Mount Saint Joseph Academy when took her first stroke. Following high school, Chierika Ukogu attended Stanford University and competed at the D1 level while completing pre-med coursework. Even when she did not get any support from the Nigerian Rowing federation, she set up a fundraiser…
Enko Education, a private school network founded by Cyrille Nkontchou and Eric Pignot, has raised $2.2 million from Proparco, the French development finance institution, and Investisseurs & Partenaires, the Africa-focused private equity impact investment firm. The investment will enable Enko Education finance the first years of operation of its existing schools…
CDC, the UK’s development finance institution, has announced a $65 million investment in Zambeef Products, one of the largest integrated agri-businesses in Zambia. This investment is to refinance company’s debt and to settle the RCL Foods put options. Zambeef will raise 52,601,435 new Ordinary Shares at a subscription price of USD 0.18 per Ordinary…
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…
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…