Featured Posts

Google Breaks Kenyan Transportation System

From today, every Nairobi resident and guests of the city can plan their route with Google Maps when using public transport. Working in collaboration with Digital Matatus, we have made bus & matatus (minibuses/ minivans used as public transport) routes ...

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Africa Finance Corporation Receives US$50M from Islamic Development Bank

Africa Finance Corporation (AFC) is pleased to announce its acceptance of a US$50 million 15 year line of financing, with a 13 year six month repayment period, from the Islamic Development Bank (IDB).   The funds will be used to finance projects located ...

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How Fast Is Your ISP? Play This Game In Lagos

Visit FastOrNot, a website that helps you compare ISP performance in your neighborhood with data aggregation and analysis. You can easily test the speed of your ISP in Lagos region and beyond. It is a product of the Co-Creation Hub.   FastOrNot is ...

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South Africa's Click n Compare Arrives Nigeria

CNC Group (CNC), parent company of Click n Compare , the South African-focused comparison website is expanding their African footprint after a very successful year with a strong month on month growth of 40%. Alongside the South African success of ...

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Nigerian Banks Facing The Toughest Challenge In Decades With Buhari's TSA Directive

Banks in Nigeria are in trouble. In short, the executives of banks should be worried. Most banks in Nigeria depend on governments and traders to make money. They largely do not contribute anything except interest payments and fees as few ...

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solar

Ajima Farms, a Nigerian firm, is among 11 companies across Tanzania, Kenya, Nigeria, Ghana and Ethiopia that have been awarded a combined $1.1 million to expand their renewable energy solutions to communities who are currently living off-grid.   The grants, which have been awarded by GE Africa in conjunction with the US African Development Foundation (USADF) and the US Agency for International Development (USAID) will see each winner receive up to $100,000, Power Africa said […]

cbn

Banks in Nigeria are in trouble. In short, the executives of banks should be worried. Most banks in Nigeria depend on governments and traders to make money. They largely do not contribute anything except interest payments and fees as few can boast of any meaningful investments in the economy. They never invest; fees and interests on facilitating trade are just good for them. For the government side, they wait for budgets and then keep accounts […]

mainone

MainOne’s premier Tier III Data Center, MDX-I, has become the first Tier III Data Center operator in Nigeria to achieve both Payment Card Industry Data Security Standard (PCI DSS) and ISO 27001:2013 certifications. This announcement was made by the company Chief Executive Officer, Funke Opeke, during an event the company was presented certification documents at the its Head Office recently.   The certifications ensure the Data Center’s compliance to globally accepted standards on Customer Data […]

ADM

The African Diaspora Marketplace III Business Plan Competition, the African Business Expo and Awards Event will hold on September 14-16, 2015 at the Silver Spring Civic Building in Silver Spring Maryland. Selected African entrepreneurs will have opportunities to present their business plans. In a letter to one of the selected candidates, the organization explained what to expect: As a Finalist, you will have the opportunity to present your business plan to a panel of independent […]

TEDFELLOWS

TED opens applications for its 2016 class. This was communicated via an email to TED Fellows.   The TED2016 Fellowship application is now open here: go.ted.com/tedfellowsapply Check out this awesome blog post from the editorial team about the application. Each of you are tapped into awesome communities of creative people and we’d love for you to share the news of our application. Often our best candidates come from you guys so you really are our […]

mobofree logo

MOBOfree has announced a 274% year-on-year increase in the total value of goods on their platform in Nigeria. The current value of goods is 1.97 billion USD (394 billion NGN), up from 526 million USD (102.5 billion NGN) last year. This impressive growth outperforms the forecasted figure for 2015 by 30%. Note the company did not announce the total money transactions. But it is evident they have lots of people listing. Are people also buying?   […]

hotel

Jovago, a hotel booking portal, has unveiled its high impact Intelligence Report .   This event which served as part of a line-up of activities marking the 2nd anniversary of the company in Nigeria showcased research carried out on key tourism sector trends and innate possibilities for the economy.   Speaking at the event, Marek Zmyslowski, Managing Director, Jovago Nigeria said, “Jovago is excited to be celebrating its anniversary at this time where Nigeria’s hospitality industry […]

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