Just as MTN announced that its investors should expect a decline in first-half earnings, Abu Dhabi-listed telecoms firm Etisalat yesterday reported a 40% fall in second-quarter net profit. It also blamed the fall on foreign exchange losses and its Saudi Arabia affiliate Mobily. Etisalat, which operates in 19 countries with 168…
Author: Staff Writer
Are you a single lady? Do you want a wonderful weekend or summer treat? Well, you can reach out to your ‘girlfriends’ and go on a vacation with the tips we have got for you. Many psychologists say that the best moments in life are the one spent in the company of…
In line with its company-wide vision and promise to make mobile meaningful, Africa’s largest Digital Media company, Terragon Group unveiled two of its latest offerings at the just concluded Techplus Conference and Exhibition. One of the unveiled solutions, tmoni, is a product born out of the Group’s longstanding relationships with Mobile…
7 Days of change is an online global youth event for African Kids organized by an international NGO, The Unveiling Africa Foundation. This event seeks to assist youth leaders to learn about their culture and national identity. Targeted at young Nigerians from 13-35 worldwide, this event will enable participants grow…
Jane Canny, Chief Operating Officer of Business Connexion Group opines that Tanzania has tremendous untapped potential. According to the World Bank, the economy is set to grow by an estimated 7.2% this year and the government’s significant investment in the national fibre optic cable increases business and citizen access to…
The Overseas Private Investment Corporation (OPIC), the U.S. Government’s Development Finance Institution, today signed a mandate letter to begin financing discussions with Mawingu Networks, a provider of solar-powered wireless Internet across rural Kenya. OPIC’s President and CEO Elizabeth Littlefield is in Nairobi for the 2015 Global Entrepreneur Summit, and signed…
Mrs Aisha Tinubu, wife of Trojan Estates boss Kunle Tinubu and in-law to Oando Plc CEO Wale Tinubu, last Friday officially launched Nigeria’s premier domestic item online store Householdmax.com to help families easily locate authentic home products and sophisticated items. Householdmax.com has been in beta mode since last year prior…
The promoters of NigeriaCom 2015, Informa Plc, have announced that the event will now take place on Monday 14th and Tuesday 15th September at the Oriental Hotel, Lagos. The 7th edition of NigeriaCom is being brought forward one week to the new dates of Monday 14th and Tuesday 15th September. This…
The New York Forum Institute has announced the extension of the African Startup award to the 31st of July. Africa has ideas and talent but African start-ups lack access to capital, especially in the first phase of development. In 2014, the first Train My Generation Survey undertaken by the New…
Microsoft is aiming to create over 100,000 job opportunities and reach over seven million people across the Middle East and Africa by the end of the year through its Employability Platforms, in partnership with organisations from public and private sectors, as well as NGOs. Launched in 2012, the YouthSpark Employability…
Shares in MTN fell by 5% when it announced that investors should be expecting a decline in first-half earnings. The telecoms giant blames the drop on the adverse exchange rate that hurt its international business, principally in Nigeria. Africa’s largest mobile operator said in a statement that its headline earnings per…
Naspers, through its subsidiary PayU and existing investor Barry Silbert’s Digital Currency Group, have raised $4million in a Series A funding to invest in BitX. BitX is a global cryptocurrency platform, providing highly secure mobile wallets, institutional quality exchanges, and various API’s for merchant and other business integration. BitX customers around…
What could 30 Samsung Electronics employees, 31 computers and Computer Classes, accomplish? If taken in isolation, not much. But combined together, it could uplift a community in need. This is what a team of Samsung Electronics employees hopes to achieve as it marks its annual Employee Volunteer Programme in Kinshasa,…
Jovago.com has launched a new scheme, JoBooker, which allows entrepreneurial students earn while they learn. The first of its kind, the program is designed for students across the country who are keen on turning their hobbies into money through travel and discovery. It is one of Jovago’s initiatives that aims to…
According the recent report from Startup data benchmarking company Compass, Silicon Valley still maintains the number one position on the list of startup ecosystems in the world. Most significant event in the second Startup Ecosystem Report is the fact that New York City has overtaken Tel Aviv in the rankings to become…
Samsung has unveiled a new monitor that can charge your smartphone wirelessly. The monitor is called the SE370, and it is being touted as the first of its kind to have this capability. The South Korean electronics giant designed the SE370 monitor to declutter work areas by doing away with unnecessary cables…
Bharti Airtel has announced the appointment of Heiko Schlittke as the new Managing Director of Airtel Gabon. Prior to this appointment, he was the CEO of Airtel Malawi. Heiko is a seasoned business executive with over 20 years commercial experience in FMCGs, Media and Telecommunications. He is an MBA (Finance…
Ampion is partnering with Merck Group to launch the 1st eHealth Accelerator in Africa. This was announced at a press conference in Nairobi, Kenya today. Disrupt Africa reports that the accelerator will operate out of Nairobi, Kenya, and will provide selected startups with customised support from Merck Headquarters’ Innovation Centre…
Internet.org brings new users onto mobile networks on average over 50% faster after launching free basic services More than half of the people who come online through Internet.org are paying for data and accessing the internet within the first month Internet.org users accessed health services more than a million times…
GT Bank has partnered with She Leads Africa to provide $10000 for female entrepreneurs in the launch of She Leads Africa’s second annual Entrepreneur Showcase for the most talented female entrepreneurs in Nigeria and Africa in Diaspora. The flagship of the event is the premier platform for young female entrepreneurs looking to…