Business articles


Africa-Focused Technology Logistics Company, ACE To Receive $2.6 Million USD In Funding

Africa Courier Express (ACE), formerly A-Post, a Nigeria-based and Africa-focused technology driven e-commerce logistics and warehousing firm has received funding of US$850,000 from Interswitch’s recently launched ePayment Growth Fund, as part of a $2.6 million USD investment that would enable the company expand across Africa.


Mobile Phones And Fashion Items To Lead Gifts This Shopping Season, Says JUMIA

As Nigerians gear up for gift-giving associated with the December shopping season, the socio-economic trends may or may not affect the Nigerian shopping behaviour, as a rise in sales on these online shopping sites are expected, with mobile phones and fashion items likely the most popular gift items this season.


JUMIA Receives $150 Million In New Round Of Funding

JUMIA has received a new round of funding amounting to €120 million (about $150 million USD) from its existing shareholders — MTN, Millicom and Rocket Internet — through the Africa Internet Group (AIG) to further strengthen the company’s position as the leading online retailer in Africa. With this latest cash injection, it brings the company’s

jovago Partners With Nigerian Bus Transport Companies

Online hotel booking platform, Jovago has commenced forging partnerships with nationwide bus transport companies in Nigeria to make hotel bookings accessible to travelling Nigerians. So far, the company has partnered up with over 20 bus transport agencies including Ekene Dili Chukwu, Izuchukwu Transport Nigeria Limited. In the same vein, Jovago has kicked off a white


“We don’t invest in innovative ideas” –

When accelerator, 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 has released a blog post addressing the

Microsoft announces new Office 365 business plans

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 completes initial closing for acquisition of IBM’s x86 server business

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 reportedly shutting down its Get Business Online programme in Africa

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.