When accelerator, 440.ng released the list of nine startups that they had selected to invest in, the Nigeria tech scene was in an ‘e-uproar’. The accelerator received a backlash in form of negative commentary. Whether the backlash was deserved or undeserved is a matter of opinion but 440.ng has released a blog post addressing the…
Microsoft today announced three new Office 365 plans for small and mid-size businesses, namely Office 365 Business, Office 365 Business Essentials, and Office 365 Business Premium. The Office 365 Business package will feature the full Office applications, including Microsoft Outlook, Word, Excel, PowerPoint, OneNote, Publisher and OneDrive for Business cloud storage, which makes it easy to…
Lenovo and IBM have announced the completion of the initial closing for Lenovo’s acquisition of IBM’s x86 server business. As part of the agreement, Lenovo will serve as an Original Equipment Manufacturer (OEM) to IBM and will resell select products from IBM’s industry-leading storage and software portfolio. Lenovo is acquiring System x, BladeCenter and Flex System blade servers…
Google is reportedly shutting down its attempt at getting businesses online in Africa through GNBO in Nigeria, KBO in Kenya and GABO for African businesses on December 31, 2014, according to TechMoran. The initiative which launched in 2011 received mixed reactions, controversy and criticisms and didn’t seem to meet Google’s expectations for introducing the service.
Rocket Internet, the European startup incubator behind technology companies including JUMIA, Jovago and hellofood, started trading on the Frankfurt Stock Exchange today. According to tech.eu, the firm opened at €42.50 ($54 USD) per share, valuing the company at €6.7 billion ( $8.4 billion USD). The price quickly dropped by more than 10 percent, but has since…
Carporter is launching its online vehicle export service in Nigeria that allows users to find, buy and import cars directly from U.S. dealers through its secure online platform.
Now that Rocket Internet, the German-based venture builder with stakes in JUMIA, the leading e-commerce site in Africa, is preparing to go public on October 2, we got a hint to look into its financials and see what the numbers say about its largest operation in Africa, JUMIA.
Interswitch today announced that it has reached a deal with Paynet to combine its businesses in order to create an unrivalled payment infrastructure across the East and West Africa region.
While working with leading online retailer in Africa, JUMIA, two entrepreneurs — Tunde Kehinde and Ercin Eksin — decided to team up and solve the problem of logistics, so they founded A-Post (or Africa Post) to deliver world-class logistics solutions to both businesses and consumers.
ListMe.ng doubles as a local search platform and business directory site connecting businesses together in order to solve common day problems. The site aims to connect businesses in all areas to end users, so as to meet and provide them with the business service they need. ListMe has a range of business categories ranging from…
The world’s largest PC maker, Lenovo, now sells more smartphones than PCs, according to its latest earnings report released today. In the report, Lenovo revealed that it sold 15.8 million smartphones in the first quarter of 2014, compared to 14.5 million PC sales and attributed its rise in smartphone sales to the market shifting from…
One of the issues/challenges a start-up or any kind of new business face is finding an affordable and quality office space to operate within.
Lendico, the online peer-to-peer banking service available in Europe and Africa, has just reached the milestone of R3,000,000,000 in loan demands globally
Twinpine Network, Africa’s largest premium advertising business, has appointed Thomas Mbalu as Country Manager, East African region.
WebConnectPlus, an online payment gateway powered by electronic transaction switching and payment processing company, eTranzact has reduced its set-up fee from N150,000 to N60,000 in order to make it affordable for businesses to accept payments online.
Here’s a guide to setting up a verified PayPal individual account in Nigeria.
PayPal, an online payment platform which allows you to make online transactions and is widely used by millions of websites is entering 10 new countries this week, including Nigeria, according to Reuters.
South Africa’s cloud-based enterprise software company, Wyzetalk has received a “Series A” funding round of R8 million (about $750,000) from Clifftop Colony Capital Partners, a Cape Town-based venture capital and private equity investment firm.
A Lagos-based creative design company, CreativityKills has launched a petition on the Change.org website that asks online payment company, PayPal to bring its service to Nigeria and help unlock the huge growth potential in the country’s fast-growing e-commerce sector.
While Google was busy throwing in the trowel on its online local classified ads product, Trader (launched in 2011) in late 2013, one of its execs, Lola Masha was eyeing the opportunity that lied in this fast-growing e-commerce space, albeit with a competitor.