Nigeria: Latest News

  • 12 Popular African YouTube Personalities That Have Many Subscribers

    Nigerian YouTube personalities Ikenna Azuike is popular online. Photo: Huffington Post By Peter Pedroncelli, 9:58 am AFKI Original

    YouTube is a popular video site in Africa, and as a result, African YouTube personalities have emerged with many viewers subscribing to their channels. As internet speeds on the continent have continued to improve, YouTube has become increasingly popular and more accessible, giving rise to numerous YouTube personalities from Africa through their interesting, funny or unique video content. Here are 12 African YouTube personalities that have many subscribers.

  • Sci-Tech Could Make Nigeria 9th Largest Economy In The World, Declared Minister Of Science and Technology

    Science and Technology By Staff, 9:15 am

    Nigeria’s Minister of Science and Technology has said if science and technology is exploited and harnessed, could result to Nigeria becoming the 9th largest economy in the world. The Minister stated this after his Ministry had presented the 2017 to 2030 Science and Technology Roadmap to a sitting of the Federal Executive Council (FEC). The Science and Technology Minister said the roadmap is aimed at projecting Nigeria to occupy the position of the 9th largest economy in the world by 2050.

  • Fundraising Opportunities In Africa: Nigeria, South Africa And Oil Still Raise Questions

    Oil and gas remains an investment opportunity in Africa. Photo - HowWeMadeItInAfrica By Kurt Davis Jr., 11:08 am AFKI Original

    As the second half of 2017 comes into focus, entrepreneurs and private equity managers alike want the narrative in investor circles to change regarding sub-Saharan Africa and fundraising opportunities. Investor sentiments remain that sub-Saharan Africa is still rebounding from the economic challenges of 2015 and 2016, but the focus for entrepreneurs and private equity managers should be on the oil importers and emerging Francophone Africa.

  • 12 Things You Didn’t Know About Facebook’s Africa Headquarters

    Facebook's Africa headquarters By Peter Pedroncelli, 4:27 am AFKI Original

    Based in Johannesburg, South Africa, Facebook’s Africa headquarters was recently custom-built and launched, with the social media mega-company now building a larger presence on the ground in Africa. From a mothers’ room to numerous meeting rooms and a stunning balcony that overlooks the city, a glimpse of Facebook’s Africa offices makes one wish that their company would offer the same awesome facilities. We take a look at 12 things you didn’t know about Facebook’s Africa headquarters.

  • High School Dropout From Zimbabwe Builds Botswana’s Biggest Ad Agency

    Botswana's biggest ad agency By Ann Brown, 5:46 pm AFKI Original

    At age 18, Knight Ganje knew he wanted to be a businessman. When a friend invited him to visit Botswana he persuaded his mother to let him go. Once there he started taking odd jobs such as painting to survive until a local entrepreneur decided to mentor him, and the rest is history. Fast-forward 11 years and high school dropout Ganje is at the head of H&G Advertising Group, Botswana’s biggest ad agency with a turnover of $38 million annually and clients that include Unilever, Emirates, Coca-Cola, and Samsung.

  • Nigeria Experiences Major Mobile Subscriptions Growth

    Africa Continues To Experience Major Mobile Subscriptions Growth By Peter Pedroncelli, 5:54 am

    Africa has experienced a major growth of new mobile subscriptions during the first quarter of 2017, with nine million Africans signing up for new services during that time. Out of 107 million new mobile subscriptions that were added globally, nine million were from Africa with three million of those from Nigeria alone, according to the latest Ericsson Mobility report. In terms of the total mobile subscriptions globally, Africa now has 985 million, more than the total amount of subscriptions in Western Europe (520 million) and the Middle East (415 million) combined.

  • Mobile Money Network Working With MallforAfrica To Enable Digital Payments

    Digital payments - MallforAfrica is an e-commerce platform that allows Africans to buy online internationally. Photo: MFA By Peter Pedroncelli, 5:49 am

    Global B2B cross-border mobile payments network, TransferTo, is working with African e-commerce platform, MallforAfrica, to offer digital payments that give online shoppers in Africa access to over 200 major e-retailers across Europe and the U.S. Founded in 2011, MallforAfrica enables Africans to purchase products from numerous international online retailers through their e-commerce platform. There are over 277 million registered mobile money accounts in Africa, far more than the number of open bank accounts, giving mobile money the potential to be a primary enabler of e-commerce payments in Africa

  • Ghanaian New Media Company Raises $1.1M In Quest To Become ‘BuzzFeed Of Africa’

    The founders of OMG Digital - known as the BuzzFeed of Africa. Photo - Techpoint By Peter Pedroncelli, 8:09 am

    Ghanaian new media startup OMG Digital has raised $1.1 million in seed funding that will be used to help fulfill their growing reputation as the ‘BuzzFeed of Africa’. OMG Voice, the primary website run by the group, currently operates with versions in Ghana, Nigeria, and Kenya, and the new investment will go towards expanding the footprint of the brand to additional African territories. Known as the ‘BuzzFeed of Africa’ due to the company’s focus on creating content for millennials, the tech startup creates and curates listicles, pictorials, videos and memes with an African audience in mind.

  • 12 Most Valuable Tech Brands According To Africans

    By Peter Pedroncelli, 4:39 am AFKI Original

    Africans ascribe value to various tech brands that they use and love, with international businesses working hard to earn the trust and loyalty of the average African consumer. A growing middle class on the African continent is savvy and aware of what brands can offer them in terms of improving their lifestyle. Many of these brands have earned the respect and loyalty of African consumers, with BrandAfrica ranking them in terms of the most valued brands from an African perspective. We take a look at 12 of the most valuable global tech brands according to Africans.

  • Naspers Approaching US And UK Investors To Expand Online Businesses

    Naspers strengthens online businesses By Peter Pedroncelli, 3:54 am

    Naspers, Africa’s biggest company by market value, is set to approach American and British investors to discuss a bond issue in an effort to continue the expansion of their online businesses and interests through more acquisitions. Cape Town-based Naspers is a global internet and entertainment group that has built a reputation as one of the largest technology investors in the world. It owns stakes in numerous international companies including Multichoice, ShowMax, Mail.ru, Flipkart, PayU, Konga, Takealot.com, OLX and Chinese investment holding company Tencent, giving Naspers a market value of around $90 billion.

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