The Asset Management Corporation of Nigeria (AMCON) has waived its right to appoint directors into the boards of several banks it has significant equity stakes.   AMCON has significant equity stakes in post-combination First City Monument Bank Plc, Union Bank of Nigeria Plc, Ecobank Nigeria Plc, Sterling Bank Plc and Access Bank Plc through the corporations investments in three acquired banks- Equitorial Trust Bank (ETB), Oceanic Bank International, FinBank and Intercontinental Bank and through direct investment [...]

African movies in your pocket! Watch movie trailers of movies produced in the african movie markets, most especially Nollywood. Afrinolly brings to you the latest news and gist/gossips about movies, music and celebs in Africa on your Android Smartphones/Tabs. You can download the Android app here. These are the major features of the app which won one of the Android Challenge sub- Saharan Africa awards.   View: * Movie trailers * User reviews for movies [...]

Garage48 in Kampala was our third hackathon in Africa to turn ideas into working prototype.   Eleven teams of developers, designers, marketers and entrepreneurs working hard over the weekend to launch their products (prototypes) for Sunday evening. Below you will find the winners and all other projects launched, plus people within those teams Somesha  - Garage48 Kampala Winner Website to find sponsors for children  on countryside to get educated. With small mobile payment everyone can help a [...]

Two weeks ago we discussed business models and why entrepreneurs should strive to understand how the business they hope to build creates value. You can read that column here.   To recap, according to Michael Rappa; “In the most basic sense, a business model is the method of doing business by which a company can sustain itself – that is, generate revenue. The business model spells-out how a company makes money by specifying where it is positioned [...]

The Sony Ericsson Xperia Arc came with a certain amount of reserved hope – was this Sony Ericsson’s shining moment in the Android phone market or was it to be the demise of the company finally? Fortunately for mobile phone lovers and Sony Ericsson it was the former and the Sony Ericsson Xperia Arc has gone from strength to strength. Why is this so and what are its best features?   Body We’re all vain [...]

In a development that could slow the downward spiral of prices and profit margins in the solar industry, the market share of high-efficiency crystalline silicon (c-Si) photovoltaic (PV) cells is expected to more than double by 2015, according to the latest IHS iSuppli PV Perspectives Market Brief from information and analysis provider IHS (NYSE: IHS).   High-efficiency units in 2015 are expected to account for 31 percent of global c-Si solar cell shipments, up from [...]

We just got a heads-up that a new website is built that can translate Igbo to English and vice versa. The site name is Mkpuruokwu Igbo which means alphabets of Igbo or loosely basic components of Igbo language. In a post on the website,  they are building it based on Michael J.C. Echuruo’s excellent Igbo-English Dictionary.   This is a result when you put “a” Results Search term: a aka. aba ezi n [LH HH] [...]