Featured Posts

Fixing Africa’s Clusters of Inventions

More than five hundred years ago, the gross world product was flat as global economic growth was stagnant. In other words, generations of people that lived apart did not experience major changes in living standards. Though there were empires and ...

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Five Pillars for Building Africa’s Hi-Tech Sector

The fifth annual Global Entrepreneurship Summit (GES) will take place on November 19 – 21, 2014 in Marrakech, Morocco, the first time in an African nation.  The Summit, hosted by the Kingdom of Morocco under the High Patronage of his ...

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Fifth Annual Global Entrepreneurship Summit Will Take Place In Morocco

The fifth annual Global Entrepreneurship Summit (#GES2014) (http://www.gesmarrakech2014.org) will take place on November 19 – 21, 2014 in Marrakech, Morocco, the first time in an African nation.  The Summit, the largest gathering of entrepreneurs during Global Entrepreneurship Week, will be ...

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Kaspersky Lab: Ebola hook in “Nigerian” spam

In September spammers produced topical new versions of the old “Nigerian Letter” scam, this time based on the Ebola virus. According to company’s experts several mass mailings exploited this theme. A large part of the major theme mailings promoted products ...

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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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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 […]

cyber300

The security landscape is a complex one, and several layers of defence at multiple points in the organisation are needed to successfully combat today’s sophisticated threats. Unfortunately, for too many businesses, the idea of a ‘quick fix’ is tempting, and they learn the hard way that there is no such thing.   Many businesses are too quick to jump on the band wagon, and rush out to buy a firewall, IDS, application firewall or other […]

Android-Tablet-Repair-Services-Nationwide-2

Android developers based in Nigeria can now get paid when users from around the world download their applications on Google Play with the recent launch of Google Play payments in Nigeria. Google Play, formerly known as the Android Market, is a digital distribution platform operated by Google which serves as the official app store for the Android operating system. The app store allows users to browse and download applications developed with the Android SDK and […]

NCC-logo

The Nigerian Communications Commission (NCC) has slammed indigenous operators in the industry over ‘incompetence and culture of impunity’. Responding to the clamour for local content in the ICT sector during this year’s edition of the Association of telecommunications Companies of Nigeria (ATCON) Telecoms Executives and Regulator Forum at Eko Hotel & Suites, Victoria Island, Lagos, the Executive Vice Chairman/CEO of the NCC, Dr Eugene Juwah, lamented that the Commission had in the past awarded contracts […]

ENERGY

Increasing access to modern forms of energy is crucial to unlocking faster economic and social development in sub Saharan Africa, according to the International Energy Agency’s (IEA) Africa Energy Outlook (http://www.worldenergyoutlook.org/africa), a Special Report in the 2014 World Energy Outlook series. More than 620 million people in the region (two-thirds of the population) live without electricity, and nearly 730 million people rely on dangerous, inefficient forms of cooking. The use of solid biomass (mainly fuelwood […]

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