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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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ericsson_logo_darkblue

The world leading original equipment manufacturing (OEM) firm for telecommunications, Ericsson  the Swedish based company has just opened support center in the city of Accra, Ghana. This is a welcome development to the entire Africa, it’s a commendable achievement.  Meanwhile, amongst the world leading technology firms trading in Africa only Ericsson has done something of this kind, Africa needs more of this. Indeed, a worthy contribution to the region. I think a wake up call […]

innovation

One of the key subjects in elementary economics is factors of production. You will learn about land, labor, capital and entrepreneur. Without land, in the old industrial economy, it would be very difficult to do business. How can you establish a mill factory where there is no land? Of course, that economic theory has since been updated as technology redesigned our world. Today, knowledge is the most important factor of production.   To compete in […]

president michael sata

Opposition leader Michael Sata has won Zambia’s presidential election after two days of vote counting following a tight race with incumbent Rupiah Banda.   Mr Sata was declared winner by Chief Justice Ernest Sakala after polling 43% of the vote with just seven constituencies left to be counted.   Mr Banda’s Movement for Multiparty Democracy (MMD) has ruled Zambia for 20 years and this was the fourth time Patriotic Front (PF) leader Mr Sata had […]

fasmicro logo new

Fasmicro, our parent company, has been nominated for 2011 Records and Information Management Awareness (RIMA) Awards over a technology we are developing in Nigeria which will synchronize and harmonize transport management in the nation. In a letter, dated Sept 23, 2011, the Chair of the Awards committee noted that “[t]he Awards recognizes organisations and individuals for demonstrating vision and business skills through implementation of highly successful projects that utilize leading-edge business technologies.”   Fasmicro was nominated […]

legatum AFRICA Awards

We are very excited that Fasmicro, our parent company, has been chosen as one of the top 30 companies in Africa Awards for Entrepreneurship. This month of September has been exceptional for us. We received a letter from the Presidency through the SGF commending our services in Nigeria and today just noted that we made the cut in the Africa Awards, organized by Legatum and Omidyar Networks (eBay founders).   From the award website…. 22 […]

Union_Bank_Nigeria_logo

A U.S. Government  development finance institution, Overseas Private Investment Corporation (OPIC) has  approved $250 million in financing for two American firms helping to revitalize Union Bank and position it for competitiveness with better technology and management.   Established as an agency of the U.S. Government in 1971, OPIC operates on a self-sustaining basis at no net cost to American taxpayers. OPIC services are available for new and expanding business enterprises in more than 150 countries […]

al-gore-iphone5

Who will ever believe that Al Gore will be the person that will confirm the release date of the highly anticipated iPhone 5. But he just did that, in the Discovery Invest Leadership Summit. This is not  a rumor and now you can go and start saving because the device is coming out next month! Case is now closed.   Former Vice President and Apple board member Al Gore has confirmed that new iPhones will […]

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