Featured Posts

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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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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DSC_0102

Mobile analyst firm Juniper Research estimates that the number of smartphone shipments will approach 1.2bn this year, an increase of 19% from 985m in 2013. The market is expected to be driven by growth in emerging markets, due to a continued surge in sales and adoption of low-cost Economy ($75-$150) and Ultra-Economy (sub-$75) smartphones.   The report - Smartphone Markets: Trends, Shares & Forecasts 2014-2019 - notes that the emerging markets are now vital to success in this sector, […]

GLO

Nigeria’s second national operator, Globacom, at the weekend, said it has worked assiduously to grow its subscriber base to some 27.3 million. By this latest figure, the telco has overtaken Airtel.   Glo added 2.8million new subscribers in just four months between February and June 2014, upping its subscriber base to 27,327,646 and translating to 21 per cent share of the Nigerian telecoms market to place second behind MTN. This was made known by the […]

internet_society

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 New York at the 10th meeting of the Broadband Commission for Digital Development the report reveals that more than 40% of the world’s people are already online, with the number of Internet users rising from […]

solar

Solarcentury is to design and construct Africa’s largest solar carport on the uppermost storey of a car park at Garden City Mall, part of the new 32-acre integrated residential, retail park, hotel and office development on Nairobi’s Thika Superhighway. The clean solar electricity generated by the 858kWp system will be used by the retail tenants.  The solar installation will be financed under NVI Energy’s Solar4Africa, a 12 year financed solution that enables Garden City to harness the power of renewable […]

cybersecurity

The Economic and Financial Crimes Commission (EFCC) said it has started a manhunt for a 38-year-old bank worker over alleged stealing of $38 million from his employers by hacking into computer systems.   It said Godswill Oyegwa Uyoyou allegedly conspired with others to steal N6.28 billion ($38m) from the Abuja office of a commercial bank.   This is one of the rising cases of electronic frauds in a country that is working towards the institutionalization […]

nollywood

Nigeria’s entertainment and media revenues will reach an estimated US$8.5bn in 2018, more than doubling from the 2013 figure of US$4.0bn at a CAGR of 16.1%. This represents one of the fastest growth rates in the world. The Internet will be the key driver for Nigeria, where the number of mobile Internet subscribers is forecast to surge from 7.7 million in 2013 to 50.4 million in 2018.   Television in the form of advertising and […]

startme

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 them grow by accelerating innovation.   The 4 start-ups of Orange Fab Ivory Coast 4 start-ups were selected from 86 submissions: – ICT4Dev.ci: a platform for managing agricultural cooperatives composed of an information web portal […]

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