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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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StartCrunch Is The Main Crowdfunding Platform To Raise Money In Nigeria

StartCrunch is getting a lot of traffic and we ask people across Nigeria and Africa that now is the time to start creating projects to take advantage of the traffic. People are looking for projects to fund. Take action, fund ...

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Detailed Breakdown Of 2014 Nigerian Budget With Graphs

This is the 2014 Federal Government budget since  approved by the National Assembly and signed by President Goodluck Jonathan. Out of a total budget of N4.962 trillion, the allocation to the defence sector took about 20 per cent, totalling N968.127 ...

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The Most Lucrative Tech Sector Emerging In Africa For Investors

There are many promising technology sectors in Africa right now. The market is still very young but it has a lot of growth ahead of it. From our travels around the continent, we have noted that some sectors are ripe ...

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Dramas will continue to unfold in OEM, especially within the sector of smartphone industry and software techs. While the almighty global financial crisis grips many businesses to standstill, its impact on high-tech industry may not be felt as such. But what of acquisitions and patent infringements legal wrangling and sacking, resignation and apps & OS issues? I think, many of tekedia.com readers would have read, heard or got information as regards all those.   Nevertheless, […]

sympton tracker

‘Symptom Tracker’ is web-based mobile application that deals with storage and management of health records and other health related details. It has basic first aid tips on how to deal with common complications such as fractures and bleeding wounds. The application is intended to add value to our health system by bridging the gap between doctors and their patients.     Platforms Java ME, Symbian Pricing Free version available


The recent announcement that Groupon is delaying its IPO, blaming it on the turbulence in the market, must not be overlooked as another tactic by a company to get public in a better time. The challenge is simple: Groupon has a very weak non-differentiated business. The barrier of entry is very low and this company must not mistake its prospects with the likes of Facebook, Twitter, and LinkedIn.   Groupon also has another problem: the […]


Over N3 trillion has been spent in resolving the  banking crises that have seen 10 banks undergoing rigorous reforms including change of leadership in eight, the Deputy Governor, Financial System Stability, Central Bank of Nigeria (CBN), Dr. Kingsley Moghalu, has said.   The cost includes the N1.725 trillion spent by the Asset Management Corporation, (AMCON) to acquire the non-performing loans of banks in the wake of the global financial crises.   Before then, the apex bank […]


The market for intelligent systems–those enabled with high-performance microprocessors, connectivity, and high level operating systems–will grow from 19% of all major electronic system unit shipments in 2010 to more than one third of all systems by 2015, according to the latest report on the emerging intelligent systems market from International Data Corporation (IDC).   The market for intelligent systems is developing rapidly, with over 1.8 billion units and more than $1 trillion in revenue today. […]


Salesforce Chairman and CEO Marc Benioff pulled no punches on the competition in a roundtable Q&A session at Dreamforce 2011 last week where he said VMware and virtualization are important, but don’t fit into his and Salesforce’s vision of cloud computing.   “I watched the VMware keynote this week,” Benioff added (referring to VMware CEO Paul Maritz’s keynote address at VMworld in Las Vegas), “They talked about how they have like 50 percent now of […]


iRelief app hopes to move humanitarian work to the 21st century. They maintain that the manual process of recording and distributing supplies makes the system open for cheating and fraud. So, they came up with an idea – build a mobile app that solves most of the problems inherent in the manual system of humanitarian food distribution.   Using the mobile client, one can perform the distribution of food in a speedy manner compared to […]

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