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Improving Innovation in Africa - Harvard Business Review - Ndubuisi Ekekwe

Opportunity is on the rise in Africa. New research, funded by the Tony Elumelu Foundation and conducted by my team at the African Institution of Technology, shows that within Africa, innovation is accelerating and the continent is finding better ways ...

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Jumia Had $32M Loses in 2014, Revenue was $28M

People, be ready for the long-haul if you are going into the e-commerce sector. It demands a lot of efforts and money. You need to build logistics and become your own Post Office. Unlike in America, where there are postal ...

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Top 26 Hubs in Africa from AfriLabs

ActivSpaces ActivSpaces is an open collaboration space, innovation hub and startup incubator for African techies. Established in 2009, ActivSpaces was one of the earliest African coworking spaces to provide free and open access to members actively pursuing technology-based ventures. Based in Buea, ...

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Nairobi Is Africa's Most Intelligent City

For a second year in a row, Kenya's busy capital city of Nairobi has been named the most intelligent city in Africa -- failing, however, to make it to the world's top seven finalists. According to the Intelligent Community Forum, "intelligent ...

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2014 Breach Level Index -- Data Breaches Increased 49% to 1 billion Data Records

Gemalto, the world leader in digital security, releases the latest findings of the Breach Level Index, revealing that (http://bit.ly/1zYLNVN) more than 1,500 data breaches led to one billion data records compromised worldwide during 2014. These numbers represent a 49% increase ...

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power

To radically transform Africa’s energy outlook and reach the goal of universal access to electricity by 2030 $288bn is needed. Until now though, progress towards that goal has been slow . So, what’s keeping investors out of sub-Saharan Africa’s energy markets?   A recent report on Addressing Africa’s infrastructure challenges encouraged investors to “look past the traditional western view of Africa as a homogeneous block, and undertake the detailed research required to understand the nuances and […]

US - Africa Leaders Summit Continues In Washington DC

When you think the year has 365 days, just think what a second means to the men in this article. When you take home $690M in a year, it means every day is bringing about $1.9M. This explains why you must not waste management time with all your complaints of minimum wage and unpaid hospitalization. You distract men from making real money. Blackstone Group Chief Executive Stephen Schwarzman took home $690 million in 2014, more […]

Diamond Bank app

Uzoma Dozie, Chief Executive Officer, Diamond Bank PLC, is leading the bank’s positioning drive as an innovative and technologically driven financial institution as he features as the lead character in a new television commercial for the Diamond Mobile App.   Diamond Bank, a leading retail bank in Nigeria, is ranked among the top six commercial banks in the country. Following a successful Rights Issue last year mainly targeted at developing its Information Technology infrastructure, Diamond […]

seaport

Africa covers about 6% of the earth’s total surface. With 38 of its 54 states either coastal or insular in nature, Africa has over a hundred port facilities, a few of which handle 6% of the worldwide water-borne cargo traffic and about 3% of the world’s container traffic. International trade is very important for many African economies. With over 90% of Africa’s imports and exports conducted by sea, there is an increasing need for innovation […]

people

The efforts of the Nigerian Export-Import Bank (NEXIM Bank) (http://neximbank.com.ng) to facilitate the establishment of a regional maritime company, The Sealink Project, has received a fresh boost with the signing of a financial grant with the African Development Bank (AfDB) for US$302, 000 under the aegis of the Nigerian Technical Cooperation Fund (NTCF). The US$302, 000 grant would be used to conduct further feasibility studies on the project to extend it to the Economic Community […]

AfricaEcommerce-Map

The rise of e-commerce on the African continent is changing the face of the traditional consumer, and brands need to adapt their business models and strategies in order to remain relevant amongst consumers and avoid a drop in market share.   African consumers are increasingly searching online platforms with commercial intent, which include querying prices of goods, and researching where products or services can be purchased. According to research by Google South Africa, there was […]

prize

The 5th Anzisha Prize application phase is now open (http://www.anzishaprize.org), and the search is on to find Africa’s youngest, most exciting social and business entrepreneurs under 22 years of age. Africa is the world’s youngest continent, with over 600m people under the age of 25. The Anzisha Prize is a growing social impact program entirely focused on accelerating the entry of millions of young Africans into viable and exciting entrepreneurship opportunities within high growth economic […]

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