Diaspora Community Online Business Platform Launches In Nigeria!
June 15, 2015 DiasporaConnex.com www.Diasporaconnex.com is proud to provide Nigerian businesses a unique opportunity to connect with a new and wider target audience of over 6 million Nigerians living in the diaspora. This platform offers an avenue to reach the Nigerian diaspora community, quickly, efficiently and at a very affordable cost. DiasporaConnex.com is a web-based community
Net Neutrality: How To Really Make Internet Free In Africa
June 6, 2015 In recent years, more and more Africans have made the transition from feature phones to smartphones and with this the demand for data is quickly becoming a major revenue source for mobile operators across the region. But high data charges are leaving many African subscribers disappointed. Unlike in developed countries where free
Akon Adds Job Training To His African Solar Lighting Business
June 2, 2015 Senegalese-American R&B star Akon, 42, plans to open a solar academy this summer in Mali, adding job training to the repertoire of his solar power lighting company in Africa. The Akon Lighting Africa initiative brings solar power to rural communities around the continent. The solar academy will be a professional training center and a first
Smart Solutions To Africa’s Electricity Challenges Attract Investors – Deloitte
June 2, 2015 According to a recent report by auditing firm Deloitte, sub-Saharan Africa’s power sector is quickly becoming attractive to new entrants as business models change and solutions like smart grids are harnessed to plug supply gaps. The ‘sub-Saharan Africa Power Trends’ report says challenges facing the power sector in many African countries “such
Ghana to promote renewable energy agenda as electricity crisis deepens
May 21, 2015 Once revered as West Africa’s most stable power providing nation, Ghana’s has been quick to rid itself of all envy by plunging a significant portion of its citizen into darkness, a situation that has instigated pockets of protests and social unrest. Efforts have been made to remedy the situation, one of which
Struggling Ivorian telco may be saved by Nigerian billionaire
May 14, 2015 Mike Adenuga, Nigeria’s second richest man, has moved to buy Ivorian mobile telecoms operator Comium Cote d’Ivoire. According to multiple reports, Globacom, a Nigerian mobile telecoms operator owned by Adenuga, has lodged a $600 million takeover bid for the operator. The move is perceived by many to be a strategic one where
Foreign tech investors face culture shock in Africa
May 11, 2015 Issues involved grow in importance as foreign VC funding in Africa increases With venture capital into Africa on the rise, tech startups are excited about the increase in funding from developed countries, but relationships with foreign investors are not always smooth. Differences among cultures, economies and business environments are a big reason
Africa needs $60bn investments to build sustainable power resources
May 8, 2015 “Over 30 African countries now face regular power shortages while access to electricity in the sub-Saharan region stands at between 15 percent and 40 percent,” said Solomon Asamoah, AfDB’s Vice President in charge of Infrastructure, Private Sector and Regional Integration, in a new report. To address this, Africa will require as much as $60 billion,
London Academy Rewards African Engineering Innovation
May 4, 2015 Finalists from Zambia, Kenya, South Africa and Tanzania have been announced in the first Africa Prize for Engineering Innovation, and they’re competing for a 455,000 rand ($37,700 US) prize, according to a report in htxt. The prize is awarded by the London-based Royal Academy of Engineering. Ernst Pretorius, 43, of Pretoria, South Africa, invented and patented
Gas supply to facilitate addition of 560MW of additional generation capacity into the grid
May 2, 2015 Seven Energy International Limited (“Seven Energy”), the indigenous Nigerian integrated gas Company has commenced the supply of gas to the 560 MW Calabar National Integrated Power Project (“NIPP”). The commercial delivery of gas to CalabarNIPP commenced in March 2015, and is being executed through Accugas, a wholly-owned subsidiary of Seven Energy. When