The ICAEW Economic Insight: Africa, is a quarterly economic forecast for the region prepared directly for the finance profession. Africa’s performance over the year 2017: Q4 summary The aftershock of the oil price slump continues to plague un-diversified economies Overall growth is braked by the problems of the big economies (Nigeria, South Africa, Angola) Diversified…
Africa’s smartphone market bounced back from two consecutive declines to post quarter-on-quarter (QoQ) growth of 4.4% in Q3 2017, according to the latest insights released today by International Data Corporation (IDC). The global technology research and consulting firm’s Quarterly Mobile Phone Tracker shows smartphone shipments for the quarter reached 21.7 million units, spurred by ongoing economic recoveries…
Facebook in partnership with Co-creation Hub Lagos Nigeria will open the NG_Hub by Facebook in 2018 to grow a community of digitally empowered entrepreneurs, business leaders and people in Nigeria. NG_Hub will open early next year in Lagos in partnership with the Co Creation Hub. This multi-faceted space will bring together developers, start-ups, entrepreneurs and the…
The World Intellectual Property Report 2017 released recently examines the crucial role of intangibles such as technology, design and branding in international manufacturing.First-ever figures reveal that nearly one third of the value of manufactured products sold around the world comes from “intangible capital,” such as branding, design and technology, according to a WIPO study of…
Few days ago Google reminded everyone about the impact Chinua Achebe made through his literary works.Google Doodle Celebrates Chinua Achebe’s 87th Birthday and his achievement in promoting African literature to the rest of the world.Google website states: One man took it upon himself to tell the world the story of Nigeria through the eyes of…
Seedstars World (SSW), the global community and platform for entrepreneurs in technology in emerging markets and fast-growing startup scenes, is hosting the third annual Seedstars Africa Summitthat connects the most relevant players in innovation and technology in Africa with the world and between each other. Tickets are available now on www.seedstarsafrica.com. After hosting competitions in 20 Africa…
Konnect Africa (www.Konnect-Africa.com), the Eutelsat-owned satellite broadband service provider, has unveiled SmartWIFI, a new hotspot service, as part of its ongoing commitment to bring digital opportunities to Africans. This new service leverages Konnect Africa’s powerful, reliable satellite broadband network to enable sales outlets (retailers, hospitalities, gas stations, etc.) as well as healthcare centres or schools…
The Republic of Benin (Benin) has become the 17th Member State of Africa Finance Corporation (AFC), Africa’s premier infrastructure development finance institution. Hon. Romuald Wadagni, Minister of Economy & Finance, formally acceded to AFC membership by signing the Letter of Adherence on 7 November, 2017. Benin, therefore, joins the list of Francophone African States that…
More than 100 senior executives, entrepreneurs and thought-leaders from media, tech, business and civil society will gather in Accra from Sunday 12 to Tuesday 14 November, for the annual Africa Business Media Innovators summit (ABMI), to discuss the changing face of media and new hybrid models. Convened by Bloomberg Philanthropies in partnership with the Ford Foundation, Africa…
Africa-ASEAN Business Expo & Forum in Johannesburg,South Africa is designed to be the strategic platform that links businesses between ASEAN and the African Union.Investors, manufacturers, importers and distributors will meet their counterparts from ten South East Asian (ASEAN) nations at the inaugural Africa-ASEAN Business Expo (AABE) and Forum. DATE: 6 to 8 November 2017 TIME: All day VENUE: Sandton Convention Centre…
The Mastercard Foundation recently announced that its fifth annual Symposium on Financial Inclusion (SoFI) will take place in Accra, Ghana, on November 7 – 9, 2017. The Symposium champions the idea that, to achieve greater financial inclusion, financial service providers in developing countries must do more to meet the needs and expectations of people living…
Times of Israel reports recently that Chinese e-commerce giant Alibaba is launching a global research project with ambitious goals – and an Israeli research hub.The Alibaba Group announced on Wednesday the creation of a global “Academy” dedicated to innovation and technological collaboration. The program – which Alibaba says will see $15 billion in R&D investment over…
Digital Lab Africa call for projects is open to any professional or individual in multimedia creation: artists, producers, start-up, SMEs, collectives, students or entrepreneurs from Sub-Saharan Africa. The applicants have to be based in this region or being nationals of one of the Sub-Saharan African countries, provided the project development is mostly implemented locally. Digital Lab Africa is looking for projects at…
DFS Lab, a fintech accelerator funded by the Bill and Melinda Gates Foundation, recently announced they were accepting applications for their third fintech bootcamp, which will be held Dec. 3-9,2017 in Dar es Salaam, Tanzania. The Lab seeks to identify promising entrepreneurs and invest in companies that focus specifically on consumers in Sub-Saharan Africa and…
Access to legal knowledge and services in Nigeria is a big challenge for individuals,businesses and organisations.This is why we are excited at how technology can be used to solve this problem and Enyioma Madubuike and his team has set out to provide legal services and acess to Nigerians through Legitng.com Legitng an online legal content and referral…
The African Innovation Foundation (AIF) has announced the seventh edition of the Innovation Prize for Africa (IPA) themed “investing in inclusive innovation ecosystems” thereby inviting submissions to reward the best home-grown innovations on the continent. The annual Award seeks to celebrate outstanding breakthroughs that deliver practical, and commercially viable African solutions that are innovative and sustainable. Affirming AIF’s purpose to catalyse the innovation…
The 2017 edition of the Nigeria Innovation Summit with the theme: ‘Transforming Nigeria’s Economy through Technology, Innovation and Entrepreneurship’, organized by Emerging Media, held at the Sheraton Hotel, Ikeja, Lagos on September 7, 2017 was successfully concluded with the participation of over 350 delegates and stakeholders. The delegates cut across Federal and State government, International…
Here are the pictures from the 2017 Nigeria Innovation Summit recently held in Lagos,Nigeria at the Sheraton Hotels. See the Full Gallery of the Pictures
The Nigeria Innovation Summit is an annual event that focuses on the need for the country,businesses,organisations,entrepreneurs in Nigeria to become more innovative and apply innovation to drive sustainable development as we work together to bridge the digital divide.This summit helps Nigeria embrace innovation and move in the direction of digital transformation through the use of…
The Nigeria Innovation Summit (NIS), an international annual event that promotes innovation in Nigeria is set to once again gather stakeholders across all sectors of Nigeria’s economy to share ideas, trends, and opportunities around technology, innovation and entrepreneurship development. The Summit scheduled to hold on September 7, 2017 at Sheraton Hotel, Ikeja, Lagos, with the…
Dubai Future Accelerators is an intensive 9-week program pairing the world’s most exciting technology companies with leading government organizations to create transformational solutions. The organizers said” For our 3rd cohort starting on October 1st, we are working with 12 government partners from Dubai, including Dubai Police, Road and Transport Authority, Emirates Airline as well the…
The Federal Ministry of Communications Nigeria has developed a 3 year ICT Roadmap for Nigeria.According to the ministry,the National ICT Road map thus sets out the intent and commitment of the Government to continue the development of the ICT Sector and to implement the Sector policies and plans in an integrated, focused and innovative manner that…
The challenges Africa face can only be solved by Africans. Every continent faces one challenge or the other but the difference between Africa and other continents is that Africa is yet to identify her strength, yet to create a strategy as to take up the responsibility of building her future rather than the over dependence…
The 2017 African Economic Conference (AEC) will be held from 4-6 December in Addis Ababa, Ethiopia, on the theme, ‘Governance for Structural Transformation.’ AEC will among other things, foster dialogue that promotes the exchange of ideas and innovative thinking among researchers, development practitioners and African policymakers. The 12th edition of the Conference series will offer…
Ten teams of 21 budding African social entrepreneurs have been selected as winners of the Resolution Social Venture Challenge at the Baobab Summit in Johannesburg. Winning teams earn a fellowship that includes seed funding, mentorship and access to a network of young global changemakers to pursue impactful projects in their communities. A collaboration between the…
The energy sector of sub-Saharan Africa is not yet able to meet the needs and aspirations of its citizens, with almost 600 million people lacking access to electricity. Only seven countries — Cameroon, Côte d’Ivoire, Gabon, Ghana, Namibia, Senegal and South Africa — have electricity access rates exceeding 50 percent. The rest of the region…
Jack Ma the CEO/Founder of Alibaba Announces 4 Projects To Support African Youths Youth connekt summit in Kigali, Rwanda. The billionaire arrived with a delegation aboard three planes that landed at Kigali international airport to attend the summit also attended by Rwanda President Paul Kagame. Under project number one – Jack Ma has invited 200…
HUB8, a global provider of web hosting, domain services has launched its Nigerian-focused website, HUB8.NG with a promise to help Nigerian brands, businesses and organisations succeed online through its wide range of web services. The web hosting company which is poised to help Nigerians kick-start their online adventure as a ‘Growth Partner’ is offering free…
Israel as a Startup Nation is doing well for itself in bringing out great innovations from Israel to the world.The Tel Aviv Startup ecosystem which is ranked the 3rd in the world is a major contributor to Israel being a leading innovation ecosystem. There is so much African Startups can gain from the Israel Innovation…
Nigeria Innovation Summit 2017 will focus on Technology,Innovation and Entrepreneurship in Nigeria.The summit will hold on September 7-8,2017 at Sheraton Hotels,Ikeja lagos. The Nigeria Innovation Summit is an annual event that focuses on the need for the country,businesses,organisations,entrepreneurs in Nigeria to become more innovative and apply innovation to drive sustainable development as we work together to…