In the face of an impending global pandemic, we have seen a surge in the use of certain technologies and a sharp reduction in the use of many others. Globally, e-hailing cab applications, for instance, have had a deep in their fortunes.
Business
OPay raises fresh $120 million Series B funding
Just a short while after securing the approval of Nigeria’s Apex Bank, Central Bank of Nigeria (CBN), to commence international money transfer in Nigeria; the Nigeria-based fintech company OPay has raised $120 million Series B funding from a group of Chinese investors. Participating in the round include existing investors Meituan-Dianping, Source Code Capital, IDG Capital, Sequoia China and GSR Ventures who funded the company’s $50 million raise in July.
USD $250,000 African Netprenuer prize goes to Nigerian
“We have to find the business that is simple, that has impact and that is profitable,” – Jack Ma
Car.ng, hospitals.ng, homes.ng and others up for auction by NIRA
The Nigeria Internet Registration Association (NIRA) auction for the premium Top Level Domain (TLD) names will take place on Twitter on the 18th of November, 2019 till 19th of November, 2019.
Raids by Economic and Financial Crimes Commission cost Nigerian Cable Operators Millions
The Association of Cable Operators of Nigeria (ACON) said they have lost over NGN 500 million in revenue after a raid, seizure of equipment and arrest of some of their colleagues by operatives of the Economic and Financial Crimes Commission (EFCC), reports CommunicationsWeek.
StarTimes completes digital TV project for 1,000 Nigerian villages
Chinese pay-TV company StarTimes has completed a China-aided satellite TV project for 1,000 villages in Nigeria, aimed at providing digital TV access to rural communities in the most populous African country.
Injini Applications for Cohort 4 are now open
Injini is now accepting applications for the next cohort of EdTech changemakers in Africa. If you are one of the selected Cohort 4 startups, you will participate in a five-month incubation programme that will take place both in Cape Town, South Africa and in your home market, where the team will support you remotely. Selected […]
Game Production Acceleration Programme for African Designers/Entities Opens
In the wake of the Enter Africa programme, a project implented by Goethe Institut accross 15 African Countries (Senegal, Cote D’Ivoire, Ghana, Burkinna faso, Togo, Cameroon, South Africa, Nigeria, DRC, Uganda, Ethiopia, Kenya, Tanzania and Namibia), the network and Goethe Institut have been developing new ways for future cooperation and partnerships across and beyond the continent.
BON Discusses Nigerian Digital Transition at 72nd AGM
All is now set for the 18th Annual General Meeting (AGM) and the 72nd General Assembly of the Broadcasting Organisations of Nigeria(BON), scheduled to hold on Wednesday 23rd October, 2019.
Facebook Releases 2019 State of Disruption Annual Report
Disruption is one of the most overused buzzwords in business. Actually being disruptive means solving age old problems in new and exciting ways that make old approaches obsolete.