Author: Paul Adepoju

Editor at Innovation Village

Music streaming service Spinlet has been appointed as the first International Standard Recording Code (ISRC) manager from Nigeria. This status which is conferred by the International Federation of the Phonographic Industry, IFPI, an organization representing the recording industry internationally enables Spinlet to assign unique ISRC codes to recordings on behalf…

Read More

Twitter CEO Jack Dorsey has announced he is giving a third of his shares worth $200 million to employees. This amounts to about 1% of the company’s total equity base. Speaking on this development, Sotirios Paroutis, of Warwick Business School, is Associate Professor of Strategic Management and studies Twitter. Dr…

Read More

Ecommerce giant Jumia today (Friday) launched its newly redesigned website jumia.com to its entire African customers. From now on, jumia.com offers a cleaner vendor-friendly interface that improves the shopping experience across all platforms for its several million unique users in Africa. This very first step is part of a process…

Read More

Nigeria’s largest telecoms company MTN has said it disconnected a total of 5 millions following a directive by the Nigerian government ordering telecoms companies in the country to disconnect lines with incomplete registration details.\ According to Sifiso Dabengwa, chief executive, MTN Group, the company’s subscriber base in Nigeria fell marginally…

Read More

The International Monetary Fund (IMF) is urging Nigeria to further devalue its currency amid uncertainty over the political and economic outlook for Africa’s biggest oil producer and economy a news agency has reported. The report quoted Antoinette Sayeh, the International Monetary Fund’s Africa Director who had alleged that restrictions placed…

Read More

Google has announced it is investing $40 million in Africa’s largest wind park, this follows the company’s $2 billion commitment to 22 clean energy projects, and broadening Google portfolio to include Africa. Rick Needham, Energy & Sustainability Director at Google said, “Since investing in the continent’s largest solar project, we’ve…

Read More

Microsoft has introduced the translation option for Swahili, a feat that was achieved in partnership with Tanslators Without Borders. The Swahili language is used by more than 150 million people in East and Central Africa, and is the first native African language to be supported by the company’s automatic translation…

Read More

SlimTrader, the leading turn-key ecommerce solution provider for businesses in Sub-Saharan Africa, has received a US$1 million investment from Interswitch, an Africa-focused integrated digital payments and commerce company that facilitates the electronic circulation of money as well as the exchange of value between individuals and organisations on a timely and…

Read More

Bharti Airtel has said it is no longer selling more than 3,500 towers it owns in six African countries, claiming that the deal has broken down. It would be recalled that in June, Innovation Village reported that the company cancelled the sale of its towers in Chad and Tanzania, claiming…

Read More

Nigeria’s financial sector regulator the Central Bank of Nigeria (CBN) has revealed that about N815.47 billion has been transferred though the Nigerian mobile money system since its inception. The figures were revealed by Dipo Fatokun, director of Banking and Payment System at the CBN. Speaking in Ilorin on Monday at…

Read More

A new regional director has been appointed for Microsoft 4Afrika initiative, she is Amrote Abdella with effect from this month. Prior to her appointment, Abdella was 4Afrika’s director of Startup Engagement and Partnerships and will be taking over from Fernando de Sousa. Abdella will oversee Microsoft’s investments in Africa, deepen…

Read More

Telecom companies dominated the just-released shortlist for AfricaCom 2015 Awards even as organisers claim the AfricaCom Awards continues to grow in strength and significance.  According to Adam Thompson, Head of Content at Com World Series, the 2015 applications were many and of an extremely high standard, and reinforced the importance…

Read More