Featured Posts

7 African Startups That Received Microsoft 4Afrika Funding

Microsoft Corp. today announced seven new African startups to receive funding, technical support and mentorship to fast-track their growth and provide a roadmap to  highlight Africa’s ‘future  growth pole’. The announcement was made at the Microsoft 4Afrika Advisory Council meeting in Nairobi ...

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50% Of The World Will Be Online By 2017

Over 50% of the global population will have Internet access within three years’ time, with mobile broadband over smartphones and tablets now the fastest growing technology in human history, according to the 2014 edition of the State of Broadband report.   Released today in ...

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Orange Launches Start-up Accelerator Programme in Ivory Coast

With “Orange Fab Ivory Coast”, Orange’s network of start-up accelerators is now present on four continents.  The programme, which is a pillar of the Group's open innovation approach, reflects the determination of Orange to support the new digital players and help ...

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Convertible Notes 101: An Introduction

Convertible Notes 101: An Introduction [i] Author: Brian Laung Aoaeh   We started discussing term sheets sometime ago. If you missed those discussions you should consider reading the previous posts titled “The Anatomy of A Term Sheet” before you read this one.   Today we ...

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Starting Business in Nigeria: Challenges and Way Out

Top Reasons Why It Is Difficult to Start a Business in Nigeria andthe Way Out Starting up a business in Nigeria can be very tough if the accurate strides and knowledge about the business is picked up before starting or investing ...

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AIRTEL

A new report from Juniper Research has claimed that voice and messaging traffic lost to OTT (Over The Top) players such as WhatsApp, Facebook and Skype will cost network operators $14 billion in revenues globally this year, up by 26% on 2013.   The report – Mobile Operator Business Models: Challenges, Opportunities & Strategies 2014-2019 – found that in a number of markets, including Italy, Spain and the UK, operator mobile voice revenues had fallen to less than 60% […]

eldi awka

The National Agency for Science and Engineering Infrastructure (NASENI) wishes to employ dynamic, focused and result-oriented professionals to fill the position below in its Development Institutes: Job Title: Managing Director, Electronics Development Institute (ELDI) – CONRAISS 15 Location: AwkaJob Description The Electronics Development Institute, Awka has the mandate to develop technologies required by the electronics materials and equipment industries, and in particular, to undertake research, development and production work into the following: System for the production […]

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Social Media Week Lagos (SMW Lagos) co-produced by Dragon Africa and AFRIKA21 returns to Lagos, Nigeria for a third year February 23 – 27, 2015.  SMW Lagos was launched in 2013 with Lagos being the first African city to host the international conference.  To date over 15,000 people have participated in the now annual conference and more than 400,000 people have engaged with SMW Lagos content online. #SMWLagos is part of the larger Social Media Week global conference, […]

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President Goodluck Jonathan has directed that all the anti-Ebola measures taken after the entry of the virus into the country last July should remain in place, and that health officials should continue to actively screen persons entering the country for any sign of the virus.   The directive follows Monday’s declaration by the World Health Organization (WHO) that Nigeria is now officially Ebola-free after 42 days without any incidence of the virus.   Spokesman Reuben […]

power

Speaking at the Financial Times and the Emerging Markets Private Equity Association’s Private Equity in Africa Summit in London on Wednesday, many guest speakers were optimistic about investing in countries outside of the continent’s more developed markets such as South Africa.   Countries mentioned included Sierra Leone, the Democratic Republic of the Congo and Ethiopia, three of the world’s fastest-growing economies, according to the World Bank. All three countries are also among the world’s poorest, […]

tony elumelu

Tony O. Elumelu Founder of The Tony Elumelu Foundation and Chairman of Heirs Holdings has announced the launch of The Elumelu Nigeria Empowerment Fund. The Fund was launched by President Goodluck Ebele Jonathan of Nigeria, with the purpose of revitalizing the economies of post conflict and disaster communities across Nigeria.   The Elumelu Nigeria Empowerment Fund was created out of the N2.5 billion donated by The Tony Elumelu Foundation and Heirs Holdings companies. This donation was announced at […]

investor

Fundraising by Africa-focused private equity has rebounded after the global financial crisis, buoyed by support from the international development finance institutions. Now, the industry hopes to unlock billions of dollars held in African pension funds to dramatically increase the resources available for investment.   Some international investors have found private equity an effective way to gain exposure to Africa’s fast-growing economies without having to use the continent’s under-developed public markets, which often suffer from weak […]

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