Nigeria: Latest News

  • African Mobile Phone Sales Down In 2017, East Africa Still Growing

    Mobile phone sales - Smartphone sales in Africa are expected to recover in 2018. Photo - Blerds By Peter Pedroncelli, 6:17 am

    Mobile phone sales across the African continent fell during in the first quarter of 2017 in comparison with the fourth quarter of last year, but East Africa still remained in positive growth territory. Overall shipments of mobile phones to Africa in the first quarter amounted to around 54,5 million units, which represents a decrease of 8,2 percent versus fourth quarter data for 2016. A sharp decline in smartphone sales, which were previously growing consistently, contributed to the first quarter growth negativity, with a staggering 17,6 percent decline in the smartphone segment for the first three months of the year

  • Why Small Business Is Key To Microsoft’s Strategy In Africa

    Strategy in Africa By Tom Jackson, 1:41 am AFKI Original

    Microsoft has partnered with the Nigerian government to digitally transform service delivery to the country’s investor community. It’s important to look at this in the wider context of Microsoft’s growing involvement in the region. Promoting business and supporting the growth of cloud services are key to Microsoft’s strategy in Africa, as the company eyes the last unsaturated market on earth. Just as Google and Facebook are increasingly involved on the continent, Microsoft too is making a play to establish a long-term customer base there.

  • Why The Next Tech Revolution Will Be In Africa

    By Staff, 5:26 pm

    Silicon Valley’s days leading the tech revolution may be coming to an end, according to one optimistic observer who believes the future of technology lies much further abroad. The future of tech “will be written in Legos, Nairobi, Kampala, and cities across Africa,” Jeremy Johnson, CEO/ founder of Andela. “We believe that Africa is going to emerge as a significant player in the global tech scene,” he said. Andela connects Africa’s top 2 percent of developers with jobs at companies globally.

  • 12 Things You Didn’t Know About How Africans Have Embraced Mobile

    embraced mobile By Peter Pedroncelli, 8:42 am AFKI Original

    Africa has embraced mobile like few other regions of the world have, with some of the highest mobile penetration rates and the majority of internet users accessing content online via their mobiles. Whether one considers online banking, apps for healthcare, connecting through social media or voting for a political party, Africans have fully embraced mobile technology and all of its possibilities. Here are the 12 things you didn’t know about how Africans have embraced mobile.

  • African Fintech Startups Have Secured $92M In Investment Since 2015

    African fintech startups are thriving throughout the continent. Photo: Mastercard By Peter Pedroncelli, 5:32 am

    African fintech startups continue to be an example to similar entities in other sectors, attracting substantial investment while disrupting the financial services market on the continent. The innovative solutions that fintech enterprises are producing have attracted the attention of banks and investors, in the hope that these financial disruptors become the next PayPal or similar concept in Africa. The last two years have seen a sharp increase in the number of businesses created in this sector, with 301 African fintech startups identified across 20 countries on the continent.

  • DotAfrica Goes Public July 4: Will Africans Embrace It Or Continue To ‘Be Guests On Someone Else’s Web’?

    DotAfrica domain finally ready to come online. Photo: thehabarinetwork.com By Tom Jackson, 6:41 pm AFKI Original

    After years of red tape, the much-hyped DotAfrica domain will soon be available to the public. The psychological impact cannot be underestimated, said Lucky Masilela, CEO of the ZA Central Registry — the company charged in 2012 with giving Africa its own first geographic TLD. DotAfrica is not just about African pride. It’s about business. “We believe that it will increasingly make an appearance in corporate marketing communication with all the associated benefits including feet in stores and clicks on sites,” Masilela said.

  • French Telecoms Giant Launches $56M African Startup Investment Program

    african startup investment By Peter Pedroncelli, 5:47 am

    French telecommunications operator Orange have announced the launch of an African startup investment initiative that will support innovative startups across the continent. Orange has earmarked $56 million for investment, with half of it set to be invested indirectly through funds that specialize in the digital sector. The other half of the funds will go towards the creation of a new initiative, called Orange Digital Ventures Africa, which will invest directly in African startups within a number of industries including logistics, e-commerce, transport, energy, fintech, and e-health businesses.

  • 10 African Countries With The Most Active Facebook Users

    Active facebook users By Peter Pedroncelli, 3:16 am AFKI Original

    Social media has taken the world by storm in recent years, and the number of active Facebook users in Africa is a testament to the fact that the continent is also part of the social media trend. With Facebook being the most popular of the social media networks, and the proliferation of mobile throughout Africa providing the ideal breeding ground, the combination of factors has led to a growing user-base for the company. Africa is home to around 330 million internet users, and around 44 percent of them are active on Facebook.

  • 12 Things You Didn’t Know About How Africans Use The Internet

    By Peter Pedroncelli, 8:29 am AFKI Original

    Understanding how Africans use the internet remains the subject of many research studies, with new data emerging regarding stats and trends. The continent is becoming an important market for numerous internet-based businesses, while social media platforms are attracting more African users than ever before. With faster internet speeds and a growing appetite for connectivity on the continent, online trends are changing and the internet is shaping the way Africans work and play. Here are the 12 things you didn’t know about how Africans use the internet.

  • 8 African Countries In The Forefront For Formal Retail Investment In 2017

    Leading Kenyan retailers like Nakumatt are attractive acquisition targets. Photo - Quartz By Kurt Davis Jr., 6:44 am AFKI Original

    The African consumer goods and retail investment space is looking up for the second half of 2017, with opportunities available across a number of countries on the continent. While the usual suspects such as Nigeria and South Africa remain likely targets for international retail investment, there are a number of wildcards on the continent which may surprise analysts and attract investment due to their established links to regional markets.

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