The latest Mckinsey report shows that African companies grow faster and are more profitable than their global peers.It further states that 400 African companies have annual revenue exceeding $1 billion.The report further states: Africa’s real GDP grew at an average of 3.3 percent a year between 2010 and 2015, considerably slower than the 5.4 percent from 2000…
There is no doubt that the world is changing so fast.The future is driven by disruptive technologies and great advancement in artificial intelligence.One of its applications will be on the future of cars and also owning a car. Just yesterday Uber announced the launch of its first self -driving car in Pittsburgh in Pittsburgh,USA.In their…
Our world is changing even faster than one would think.Technology and Innovation is driving the way we live,work and play.The 4th industrial revolution is coming upon us so rapidly creating new opportunities and possibilities.Am most thrilled at the rate developed countries are innovating and they continue to do so while most developing countries like Nigeria…
The technologies defining the ‘Fourth Industrial Revolution’, more commonly referred to as Industry 4.0, are being powered by cloud infrastructures. The Oracle Cloud: Opening up the Road to Industry 4.0 report has found that from robotics to artificial intelligence, businesses view the cloud as a blank canvas upon which to build their innovation strategies. …
Africa’s leading digital entertainment company, Iroko , today in a press release made available to us ,announces it is launching a Multi-Platform Network [MPN] to provide a framework and platform for aspiring African stars of the future. IrokoX Africa’s only full-service, cross-media MPN, is set to become the go-to platform for Africa’s digital content creators, enabling…
Mr. Ernest Oladipo Faulkner has been appointed as the Country General Manager IBM Nigeria.His appointment was announced on Tuesday.With over 25 years of regional experience, Oladipo has been leading IBM’s Global Business Services for Central & West Africa and helped develop strong client relationships in the region. Faulkner will succeeds Taiwo Otiti who served as…
News reaching us states that Dell Technologies today announced completion of the acquisition of EMC Corporation, creating a unique family of businesses that provides the essential infrastructure for organizations to build their digital future, transform IT and protect their most important asset, information. This combination creates a $74 billion market leader with an expansive technology portfolio…
As we see increased technology and innovation like virtual and augmented reality, one of the industries that is greatly impacted is the online gambling market which will surpass $50 Billion in 2017.Going back in history, the online poker and gambling business has been around for quite a long time. As the story goes, Planet Poker…
The Africa Region of the World Bank Group (WBG) is relaunching its fellowship program for Ph.D. students who are Sub-Saharan nationals. The program will increase the diverse workforce that is a priority for the Bank and its clients. Started in 2013 by World Bank Africa Vice President Makhtar Diop, the World Bank Group Africa Fellowship…
It’s not a secret that a gaming console is one of the most universal entertainment gadgets: depending on the model you get, you can not only play the latest, more advanced games, but also watch TV, browse the internet, and listen to music. Nowadays the two most sophisticated and popular consoles are the PS4 and…
As Nigeria’s economy goes into recession, it is so evident that the business of government and politicking has never helped the country move forward rather we are continuously moving backwards. We are a country that does not invest in the technology and innovation hence we don’t invest in the future and so the future becomes…
Mark Zuckerberg,Founder of Facebook is visiting the technology community in Nigeria at the moment in an unannounced trip.This is a big inspiration to the young tech entrepreneurs in Nigeria.Mark says this about his visit on his facebook page: Next stop: Lagos! This is my first trip to sub-Saharan Africa. I’ll be meeting with developers and entrepreneurs,…
If you look at Lagos, Abuja and other business hubs in Nigeria, one finds it easy to see the progress made through innovations and the effects on these cities – busy streets, construction of skyscrapers, construction and commissioning of some of the shopping malls, and an emerging 24-hour business culture driven largely by a Business…
At last, everyone can agree to the same definition of beauty! The popular notion that different people have different views on what they deem beautiful doesn’t apply to a picture taken with the new GIONEE F103 PRO. Anything and everything it captures is beautiful. Planning its elegant entrance into the Nigerian market by the end…
Sote Hub in Kenya, a recently launched Technology Innovation hub located at Voi is already making impact following their ability to support startups in southern Kenya.According to their blog post, Over the past months, the hub has housed many workshops seeing the sprouting of startup companies, in a relatively quiet rural set up. There were…
Village Capital, The MasterCard Foundation, and the DOEN Foundation are seeking to identify and support the next generation of fintech entrepreneurs in Sub-Saharan Africa. These entrepreneurs are innovating in financial technology to increase financial health and improve livelihoods for low-income populations. Examples of this type of initiative include: Increasing the access, relevance, and affordability of…
According to a press release made available to us,ogaVenue the Lagos-based online events venue booking platform, today announces that it has secured a $45k seed investment from Spark.ng and Hotels.ng. The investment will be used to increase inventory, for further expansion to more states across Nigeria and to build out the product, engineering and business development…
According to the latest Global Innovation Index which ranks the innovation performance of 128 countries and economies around the world, based on 82 indicators,Mauritius,South Africa,Kenya,Rwanda,Mozambique,Botswana,Namibia,Malawi Make the List of Top Innovative Countries in Sub-Saharan Africa. Mauritius takes the top spot among all economies in the region (53rd), followed by South Africa (54th), Kenya (80th), Rwanda…
The Global Innovation Index recently released ranks the innovation performance of 128 countries and economies around the world, based on 82 indicators. This edition explores the impact of innovation-oriented policies on economic growth and development. High-income and developing countries alike are seeking innovation-driven growth through different strategies. Some countries are successfully improving their innovation capacity,…
The Economic situation in Nigeria at the moment is one that calls for Innovation.It’s time to promote Nigerian Innovations like never before.If you have an innovative product,service or business then enter for the Nigeria Innovation Awards 2016. The essence of the awards is to promote the spirit of innovation across all sectors of Nigeria’s economy…
Picture illustration:blogs.technet.microsoft.com Cybercrime rates are at an all-time high in Nigeria and world over. Our threat landscape continues to expand. One of the reasons is probably the same as that for the high incidence of traffic accidents on our roads i.e. the widespread belief that- ‘it can’t happen to me’. There is no doubt that…
About three weeks ago, I read about the Gionee M5 Plus phone, and I felt indifferent as I habitually feel concerning all phones. I refuse to allow myself be cajoled with advertisements that display awesomeness but in reality, were flawed with imperfections. I struggled to believe the claims promised by the phone but bought it…
The first round of the GSMA Ecosystem Accelerator Innovation Fund is now open for applications from start-ups in Africa and selected Asian countries. Successful start-ups will receive: -Funding between GBP£100,000 and GBP£250,000 -Mobile-focused mentoring and bespoke technical assistance -Opportunities to build partnerships with mobile operators in relevant markets Who is eligible to apply in this…
FUNAAB AIR a socio-educational mobile application that allows students get latest updates from the school, organize their academic activities and stay connected to their peers has been developed by the students of Federal University of Agriculture,Abeokuta. In a press release to us here are details about the app: The Build Up The FUNAAB AIR App is built from…
The Call for projects from Digital Lab Africa is open to anyone, professional or not, from the sector of multimedia content creation: artists, producers, developers,, start-ups, SMEs, collectives, students or entrepreneurs, based in sub-Saharan Africa or a national of a country in this region.It targets developing projects, in need of partners and financial support, innovative…
The Gionee M5 Plus is not just a new addition to the Gionee Family; it is an ingenious plus to the world of smartphones. Get ready to be blown away by the features of the new Gionee M5 Plus. Let’s take a peek into what the M5 Plus has got to offer SPECIFICATIONS -5,000mAh Battery…
The international multiple-award winning online news-site, ITRealms alongside the editor-in-chief, Remmy Nweke was on Wednesday night honoured with the 2016 Nigeria Computer Society (NCS) Presidential award for outstanding reportage of Information and Communications Technology sector in Nigeria. ITRealms Online is a member of DigitalSENSE African Media group, which also publishes NaijaAgroNet, DigitalSENSE Business News; founded…
The Twenty seventh (27th) Ordinary Session of the African Union Assembly of Heads of State and Government kicked off on 17 July 2016 at the Kigali Convention Centre (KCC), Rwanda, with a strong call for unity and love for the continent. The opening ceremony was marked by a symbolic act of Pan-Africanism with the launch…
The economic challenge that Nigeria faces today is one that calls for Innovation across different sectors of Nigeria Economy. Wikipedia defined Innovation as a “new idea, device, or method”. Innovation is also the application of better solutions that meet new requirements, un-articulated needs, or existing market needs. This is accomplished through more-effective products, processes, services,…
The SA Innovation Summit which is in its 9th year has grown to become South Africa’s leading platform that brings together the very best of South African, African and global innovators to showcase their exceptional talents, innovations and ideas.Created to support and promote innovation and facilitate collaboration among multi-helix actors, the SA Innovation Summit is a crucial…