Author: Staff Writer

Rocket Internet, the superstar incubator, has set a price range of €35.50 to €42.50 for its Initial Public Offering, valuing the company at about 6.2 billion euros ($8 billion). Founded in 2007 by brothers Oliver, Alexander and Marc Samwer, Rocket Internet has set up e-commerce sites and online marketplaces for everything…

Jimmy Fallon and Justin Timberlake are in the new Apple TV ads;  ehhh not them actually but their voices. They combine to highlight the “Huge” display and “improved camera” features of the iPhone 6 and the iPhone 6 Plus. The first ad is titled “Huge” https://www.youtube.com/watch?v=I3uAoeQBpcQ While the second ad…

Nigeria’s leading online marketplace Kaymu.com.ng today announces the expansion of its operations to the nation’s capital Abuja. The expansion was borne out of the need to satisfy the ever increasing number of buyers and sellers on Kaymu’s platform. The new office will serve as a base for the entire northern region by…

On the market since spring 2014, the new MINI makes an instant impression – with its classic proportions, the typical three-way structure of its body, all-round greenhouse and roof, and a modern interpretation of hallmark brand design features. The new model, extended in length by some ten centimetres, has now…

The Managing Director of Africa’s largest online hotel booking platform Jovago, Marek Zmyslowski, at the ongoing 3rd EU-Nigeria Business Forum, stated that online businesses have contributed to the growth of the Nigerian economy. On a panel discussion about the private sector’s contribution to Nigeria’s growth at the EU – Nigeria…

Dakar, the capital of Senegal, is hosting the first Africa SME Champions Forum on 11 and 12 November 2014 (http://www.africa-smechampions.com). The specialist recruitment agency AfricSearch, the African Guarantee Fund and the pan-African bank Ecobank are coming together to organise this, the first forum devoted exclusively to African SMEs. 300 SMEs,…

MTN Nigeria now has over 2 million Facebook fans. This makes it the most liked telecoms operator on Facebook. This is not unconnected with the fact that it accounts for 44% of the mobile subscriber base in Nigeria as at the last NCC report. MTN currently has about 56 million…

According to June 2014 subscriber statistics released by NCC last week, figures show that Globacom has overtaken Airtel to be the 2nd largest mobile operator in Nigeria in terms of subscriber numbers. MTN still maintains the top position though its subscriber numbers dropped from 57 million in March 2014 to 56…

Mancehster United continues on its losing streak with a 5:3 loss to Leicester and the social media is understandably riddled with comments about this. Here are some of the memes and jokes on social media about this, including the tweet from Balotelli which had many hate tweets from Manchester United…

Microsoft has announced that it is are doubling the amount of free storage iPhone users get with OneDrive. According to Douglas Pearce, the Group Program Manager for OneDrive, “All you have to do is sign up for OneDrive and activate the auto upload feature for your camera roll sometime between…

hellofood, together with its affiliated brands foodpanda and Delivery Club, one of the world’s leading food delivery marketplaces, announces today that it has acquired Brazilian food delivery competitor Entrega Delivery. Through this deal, hellofood further strengthens its position in Brazil, after taking over Brazilian food delivery services Peixe Urbano, Jánamesa…

70 year old Larry Ellison is stepping down as the CEO of Oracle. He founded Oracle to be one of America’s largest and most prominent technology companies. The Oracle board also named Mark Hurd, 57, and Safra Catz, 52, as Co-CEOs to replace him. Jeff Henley, who has served as…

Increased Internet access will generate more consumer spend than any other media product or service in the next five years in the South African entertainment and media industry, according to a report issued by PwC today (http://www.pwc.com). South Africa’s entertainment and media market is expected to grow by 10.2% compounded annually…

Blackberry, in partnership with Porsche Design, unveiled the new P’9983 smartphone in Dubai yesterday. Marking the third smartphone collaboration between BlackBerry and Porsche Design, the device integrates premium quality materials such as sapphire glass for the camera lens, forged stainless steel for the Porsche Design floating logo and chassis, and a…

Who will win in this inaugural edition of “She Leads Africa” competition this Saturday, 20th August? The ten finalists were announced on the 15th of August and we shall know who will take home the first prize of $10,000 in a couple of days. There will be a networking reception…

The 440NG team sent out a tweet to show that some startups have been chosen. However they are not letting us know who has been chosen. Emails were sent out yesterday from the @440LTD platform. Check to see if you made it into the program. Thanks for everybody who applied.—…

United Bank for Africa (UBA) Plc, in partnership with Verve International, has launched an offer tagged “UBA Verve Rewards” in which Cardholders could win e-cash, free airtime, Nokia mobile phones and up to N35,000  cashback Cardholders who use their UBA issued Verve cards to initiate a minimum of five POS…

The Managing Director of Jovago Africa’s largest online hotel booking platform, Marek Zmyslowski has stated that e-commerce is the key driving innovation factor for mobile payments in Nigeria. In a statement made on a panel for Mobile Payment Solutions for the Nigerian Market at the on-going Nigeria Com Conference, which…

BANK OF AFRICA and Orange Money customers will be able to transfer money directly from their Orange Money account to their BOA account and vice versa In the coming months, BANK OF AFRICA and Orange Money customers will be able to transfer money directly from their Orange Money account to…

Microsoft has agreed to buy Mojang, the company behind the hit game “Minecraft’ for $2.5billion. Available across multiple platforms, “Minecraft” is one of the most popular video games in history, with more than 100 million downloads, on PC alone, by players since its launch in 2009. “Minecraft” is one of…