Author: Staff Writer

Samsung Electronics attributes its first quarter success to the early launch and strong sales of its flagship smartphone – the Samsung Galaxy S7 and S7 Edge. The company announced its financial results for the first quarter ended March 31, 2016 yesterday. Its revenue for the quarter was KRW 49.78 trillion ($40…

App-based Taxi service, Taxify, is set for a comeback in South Africa. It first launched in January but it was not favourably received so it fizzled out. Now it is back with a new business model like Uber. Customers have a similar experience to Uber’s app, including real-time tracking on a…

Nokia has announced plans to acquire Withings S.A., a pioneer and leader in the connected health revolution with a family of award-winning digital health products and services to help people all over the world lead healthier, happier and more productive lives. Withings will be part of our Nokia Technologies business.…

The R5bn Mall of Africa opened its doors to the public yesterday witnessing long queues and traffic congestion. Set in suburban Midrand, the 130,000 square meter super regional mall has 303 stores (269 shops +34 kiosks). According to developers, it is the largest first phase completion of a mall ever in…

According to Facebook, mobile advertising revenue represented approximately 82% of advertising revenue for the first quarter of 2016 – up from 73% in the same quarter last year. This is one of the highlights of the financial results for the quarter ended March 31, 2016. The Mark Zuckerberg led company posted a…

The second largest supermarket chain in South Africa, Pick n Pay, is following in the footsteps of Shoprite. It is set to open shop in Nigeria. Where it seems another South African company, Woolworth floundered and closed shop, Pick n Pay thinks it can make it in Nigeria. After all,…

The Indian Telecom ministry has announced that as from 2017, all new mobile phones sold in India must have a panic button that enables users to make emergency calls. This announcement was made in line with measures to improve safety for women. There has been an increase in cases of women…

HTC has announced the launch of a $100 million fund, Vive X, for Virtual Reality startups around the world. The program is designed to help cultivate, foster and grow the global VR ecosystem by supporting start-ups and providing them with expertise, special access to advanced VR technology, financial investment, mentorship and unmatched go-to-market support…

Mooditt, Nigeria’s No.1 and favourite music streaming app, incubated by Mahindra Comviva, today announced the release of Mooditt 2.0, the latest version with improved features. The new Mooditt 2.0 music app comes with a visually pleasing and highly fluid user interface (UI) but one of the app’s key offering is its…

The Guardian, Nigeria’s most trusted newspaper, launches its online TV platform, Guardian TV, today. Guardian TV will provide exclusive video interviews, as well as up-to-the-minute videos from across the world, and will be available on virtually any device that has an internet connection, including personal computers, tablets, smartphones, and Smart…

Ingenico Group, the global leader in seamless payment, deployed, jointly with its local partner Tracom, a Revenue Collection solution in the County of Nyeri in Kenya. This initiative was sponsored by Equity Bank and reinforces the emerging cashless-based culture by collecting County fees such as parking, land rates, business permits,…

Nissan, in its new ad campaign of its Nissan Leaf, has thrown some shade at the Tesla Model 3. Recently Tesla unveiled the model 3 and enthusiasts put down $1,000 deposit for a car that will not be out in another 18 months. In an Automotive News report, Nissan pokes…

Excepts from an interview with CEO of African Basketball League (ABL), Ugo Udezue How has the ABL been going so far? The ABL has been going very well, we have exceeded all our expectations and projections, our fan base is growing, our All Star weekend attracted hundreds of fans from outside…

Google is setting up a startup incubator, named Area 120, to stop employees from leaving to form their own companies, according to Business Insider. This incubator will be headed by Google executives Don Harrison and Bradley Horowitz Here’s how Area 120 will work: First, teams within Google will submit a business plan…

Coventry University today launched a £500,000 scholarship offer for international students and announced the establishment of the Africa Institute for Transformational Entrepreneurship (AITE), which aims to boost socio-economic development across the African continent. The announcements come as the university’s vice-chancellor and CEO, Professor John Latham, visits Abuja to meet with…

The Tecno Droipad 8II tablet was launched in Nigeria on Saturday, 23rd of April 2016 and we are giving away one unit of this beautiful tablet as our next Innovation Village Giveaway. We gave our first impressions in a blog post and one lucky person will have the priviledge of…

Leading online classifieds site, OLX.com.ng  is excited to announce the launch of its premium product Do It For Me (D.I.F.M) on Diamond Bank’s Tech Turks with Uzoma Dozie, the Bank’s Chief Executive Officer. D.I.F.M helps users manage the posting and selling of items on the site. Users who have no…

The concept of Crowdfunding in Nigeria is not strange and is it somewhat integral to us. From time to time, you will see young children growing up with either a card or paper given to them in school or church to fund raise for a cause. This concept also extends…

Following a rigorous selection process, involving more than 700 applicants from 26 countries across Africa, the top three finalists in the MTN Entrepreneurship Challenge powered by Jumia have been revealed. The challenge, which aims to boost entrepreneurship and innovation, as well as build a stronger and more sustainable business environment…

Merck, a leading science and technology company, announced the participants for its Accelerator Programs in Darmstadt and Nairobi today. Almost 200 highly competitive applications from 47 countries were submitted for consideration. With this selection Merck sets the agenda with topics from Malaria diagnosis to identification of plant diseases using artificial…