Author: Paul Adepoju

Nest and MTN Solution Space will provide founders and developers with a space, community, and platform to pitch and gain continued support to scale their startups globally. Startups to finish programme with pitch at AfricaCom. Early-stage venture capital firm and global innovation accelerator, Nest is pleased to announce a partnership with MTN Solution Space…

A new website, LikeMoney.co.za (in beta-testing since February 2016 and now officially live to the public) is empowering South Africans to make informed financial purchasing decisions with its innovative concept of comparing financial products based on what their friends & other social media users like and recommend. Consumers can use…

Next month, November, Nigeria’s city of Lagos will play host to the High Growth Africa Summit. The summit is a 2-day conference on how to build, scale and fund high growth businesses in Africa, is scheduled to hold on November 17-18, 2016. Hosted by Starta and Ingressive. According to the…

Patrick Masambu, a Uganda citizen and former chairman of the Council of the Commonwealth Telecommunications Organisation (CTO) has been elected director-general of the US-based International Telecommunications Satellite Organization (ITSO). Mr Masambu was the only Commonwealth candidate for the position. A former communications regulator for Uganda, he brings to the role…

Last year, the annual Africa Tech Summit (ATS) organised by MEST debuted in Accra, Ghana but today, MEST announced it is bringing the event to the mega city of Lagos, Nigeria on December 6 and 7. It said this year’s edition will discussions that will identify and explore the key…

Tech giant Mozilla yesterday launched its global Equal Rating Innovation Challenge, a competition which invites contributions on ways to provide unfettered access to the open Internet for anyone across the globe. As part of its initiative, Mozilla is asking entrepreneurs, designers, researchers and innovators to propose creative and scalable ideas…

Merck, a leading science and technology company, today announced the opening of its affiliate office in Abidjan, Côte d’Ivoire, which will serve as the regional hub for the company’s operations in French-speaking Central and West African countries. “For several years, Côte d’Ivoire has shown continuous growth, as well as economic,…

With the aid of an app, a potential victim  of gender violence can send an SOS message to trusted friends when in danger. This is the major feature of the Bonga app. According to the developers, it explores the power of social networking. Developed by seven former students of Egerton…

Chinese OEM company, Huawei, has opened its first Innovation and Experience center in West Africa in Lagos, Nigeria. It said it has invested US$6 million in the center which will provide access to global best practice. According to the company, users of the facility will be able to exchange ideas,…

Amazon today officially became the latest entrant into the highly competitive music streaming business with its launch of a full-fledged music streaming service with subscriptions as low as $3.99 per month for owners of its Amazon Echo speaker, accelerating the industry trend toward more flexible pricing after years of sticking…

Canon has launched of its operations in Nigeria with the goal of enhancing its business in the African continent and strengthening its in-country presence and focus. The dedicated entity in Nigeria has been set up to further reinforce the company’s ‘closer to customer’ strategy in West Africa region. Canon Nigeria…

In a move which it said is meant to support Nigerian businesses, Nigerian payments company Amplify today launched a Zero Transaction Charge campaign, where no transaction charges will be applied on businesses that sign up on Amplify and go live between October 12th and November 30th, 2016. For these businesses,…

Kaspersky Lab yesterday announced the availability of the new version of its flagship security solution, Kaspersky Internet Security – multi-device in Nigeria, which provides users with additional opportunities to manage their Internet protection and to ensure the safety of their data. Kaspersky Internet Security – multi-device 2017 is a security…

The Samsung Galaxy Note 7 is fast becoming what Donald Trump is to the GOP, an embarrassment that could threaten the survival of the company. Just yesterday, we reported that Samsung has decided to temporarily stop the production of the device. It seems as if Samsung can’t salvage the Galaxy…

Peach Payments, a fintech startup that makes customer payments to online merchants seamless and secure, is now processing more than R1-billion in transactions per year and expanding into Kenya and Nigeria with plans for other African countries. It is worthy to note that it started trading in South Africa just…

A total of four Nigerians made Forbes 30 most promising Young Entrepreneurs in Africa 2016. According to the publication, the selected entrepreneurs have carved a niche for themselves in various businesses and are a source of inspiration to other entrepreneurs. Here they are: Abiola Olaniran, Founder, Gamsole Abiola Olaniran is…

Earlier in March this year, Kosmos Energy in partnership with MEST launched a new flagship corporate social investment programme, the Kosmos Innovation Center (KIC) and the KIC AgriTech Challenge in Accra with the aim of nurturing the development of market-based solutions developed by young Ghanaian technology entrepreneurs addressing the various…

Even as economists and finance experts continue to describe Nigeria as unattractive to foreign investors, the country has reportedly attracted $150 million investment from General Electric. Speaking in in London, Jay Ireland, chief executive of General Electric in Africa told the FT Africa Summit in London that the company is…

iKhokha, South African mobile commerce provider, has won the Innovation Award at the 2016 Mastercard Innovation Forum in Budapest, Hungary.  iKhokha was recognised in the Innovation category for extending the acceptance of Masterpass, the digital payments service from Mastercard, into the face-to-face environment in South Africa for the first time.…

Nigeria’s economy is set to receive a major boost with the commitment of the Indian government to invest US$5 billion in Nigeria’s economy – a move that had been welcomed by Nigeria’s President, Muhammadu Buhari. The proposed investment was announced by the business delegation that accompanied the Vice President of…