Author: Staff Writer

Elo Umeh, the CEO of Terragon Group, emerged as one of “The Best & Brightest EMBAs of the Class of 2016”. He made the list of the Top50 EMBAs of 2016. Elo recently completed an Executive MBA from IESE Business School in University of Navarra, Spain. According to John Healy, Executive Director, Global…

IHS Holding Limited has completed the acquisition of Helios Towers 1,211 diversified tower sites throughout Nigeria. This transaction announced on the 10th of March 2016, is the first in-market consolidation in Africa. Under the terms of the transaction, IHS acquired the entire issued share capital of HTN and now has full operational…

Microsoft Corp. and LinkedIn Corporation announced they have entered into a definitive agreement under which Microsoft will acquire LinkedIn for $196 per share in an all-cash transaction valued at $26.2 billion, inclusive of LinkedIn’s net cash. LinkedIn will retain its distinct brand, culture and independence. Jeff Weiner will remain CEO…

M4JAM, South Africa’s micro-jobbing platform has been given a lifeline by Informal Solutions Provider. The startup ran into financial difficulty and announced in May this year that it was stopping trading. “M4JAM ran into some financial difficulty and the original founders were searching for a buyer. At the same time,…

Is Naspers planning to sell Allegro? Well Bloomberg seems to think so. In a recent report, it states that the African media giant is planning to sell the Polish online auction website, Allegro. This is the first rumoured sale of the entity. Reuters reported last year that the Cape Town-based…

Gawker Media Group, officially filed for bankruptcy on Friday 10 June 2016. Launched in 2003, Gawker Media Group is owned by British born Nick Denton and has seven tech and lifestyle blog sites namely: Gawker.com, Deadspin, Lifehacker, Gizmodo, Kotaku, Jalopnik, and Jezebel. This action is a result of the court order by the Florida trial…

GoMyWay, a leading ride-sharing platform in Nigeria that connects passengers with car owners going along the same route, is excited to reach a milestone this June, marking one (1) year of providing an innovative, rewarding and environment-friendly means of transportation. Over the past 12 months, GoMyWay has grown from being…

At the start of the last century, just one in seven people worldwide lived in cities. Today it’s half, and by 2050 , the UN predicts another 2.5 billion people will be living in urban areas. This has brought huge benefits, with the growth of cities linked directly to economic growth, as well…

Kaleidoscope has launched the first Apple training centre in the world for the blind in Worcester, Western Cape. This is in partnership with Absa Bank The technology training centre will teach the blind how to use Apple products including iPhones, iPads, Macs and even the Apple Watch to their advantage…

Clear your calendar – It’s going down! First ever CyberXchange Hackathon sponsored by Facebook to touch Nigerian soil. Come not just by yourself but your team to compete against other university and young professionals with less than 2 years experience throughout Nigeria. You will have the opportunity to build a hack…

Accra becomes city 467 – next smart African city to offer Uber This follows from Kampala which was City number 462. Accra is the first city in Ghana to receive the service With a thriving urban population, Accra’s 2.27 million people will have access to efficient transport through the ride-sharing…

Yikes!!. If you are a public servant in Singapore, you will not have access to the Internet as from May 2017. According to The Straits Times, more than 100,000 computers will be cut off, in an effort to minimise security risks. A spokesperson for the Infocomm Development Authority (IDA) said:…

Two award winning Nigerian innovators, Femi Adeyemo, and Kunle Odebunmi, co-founders of Arnergy; a Lagos based Renewable energy company, have launched a new line of products within the renewable energy sector in Nigeria. With aspirational targets that include powering millions of households in peri-urban and rural communities across Africa, stimulating…

Angel Investor, Hiro Mashita, is visiting Lagos, Nigeria and would like to interact with startups and even score a startup $2500 while here. Mr. Hiro Mashita is Founder and Director of m&s partners Pte. Ltd., incorporated in Singapore, providing advisory services for finance, IPO, M&A, operations, marketing, business development, and global…

Brainworks Limited, an investment holding, consulting and advisory company, has acquired a mobile money service in Zimbabwe, called Nettcash. According to The Herald, the deal was confirmed by Brainworks Managing Director, George Manyere, who said the acquisition was in two phases. “the deal is a series of transactions involving the acquisiation…

In preparation for the Day of the African Child, Reach for Change Africa has launched an innovation contest that will empower one young African to solve a problem affecting children. The innovation contest will award $500 to a young person with an idea to improve the lives of children in…

WumDrop, Fargo and Crew Pencil emerged as winners in the Cape Town edition of the Seedstars World competition. WumDrop is a delivery service company while Fargo is a convenient logistic solution that lets customers collect & return their parcels at a local store when it suits them best. Crew Pencil is an online crew…

Samsung is coming out with a new Batman-themed Galaxy S7 Edge known as the “Injustice Edition”. The phone is to commemorate the release of the video game Injustice: Gods Among Us three years ago. Last year, when Samsung launched the Samsung S6 Edge, we had a limited edition red and…

The specs and design for the latest device in the Camon family – Camon C9, may have fortunately trickled down our path. Reports claim that the device spots a back camera that allegedly comes with a dual flash, and a front camera that’s strategically placed right in the top middle…

Nigerians have been reacting on Twitter to the alleged murder of a woman over blasphemy. The deceased, Bridget Patience Aghaheme, was beheaded for allegedly insulting Prophet Mohammed. This happened in Kano, in the Northern part of Nigeria. According to Sahara Reporters, Angry Muslims youths in Kano on Thursday evening decapitated a…