Nigeria: Latest News

  • How Opera Is Becoming A Major Player In Africa

    Major player - Fintech adoption rates expected to soar in South Africa. By Tom Jackson, 5:38 pm AFKI Original

    Opera, the developer of the most used mobile browser in Africa, is significantly scaling up its operations on the continent as it gradually becomes a major player in the tech space. For years, the Opera Mini browser has been crucial to Africans due to its ability to bring down data costs, and it now has over 100 million monthly users on the continent. In addition, the newly released Opera News app saw more than 100,000 downloads in less than two weeks.

  • Facebook Groups Could Threaten Jumia’s African E-Commerce Dominance

    tech startups - Facebook groups By Staff, 5:40 am

    Informal transactions through Facebook groups are threatening the success of e-commerce giants in Africa according to a recent straw poll on the impact of the Black Friday sale promotion on this fledgling industry. According to a Geopoll Black Friday Straw Poll, which ran in December 2017 among 2,031 respondents in Nigeria, South Africa, and Kenya, Jumia still remains the most preferred e-commerce vendor.

  • 10 African Tech Trends That Will Define 2018

    African tech trends - Somalia's first ever innovation tech hub, iRise, has launched in Mogadishu. Photo - Techcabal By Peter Pedroncelli, 3:32 am AFKI Original

    With 2018 well and truly upon us, it makes sense to consider the African tech trends that will feature during this year. From new technology and the kinds of tech startups that will likely be attracting investments, to considerations with regards to cyber security as a focus, 2018 has a great deal to offer the tech discussion in Africa. Here are 10 African tech trends that will define the year 2018.

  • The 8 Best African Tech Companies To Follow In 2018

    tech talent - tech companies By Tom Jackson, 1:40 am AFKI Original

    All in all, 2017 was another major year of development in the African technology space, but some tech companies made particularly impressive steps forward. From fintech to ed-tech, these tech firms were examples of success in an industry that is crying out for role models to follow and emulate. AFKInsider takes a look at eight of the African tech companies that enjoyed significant success in 2017.

  • Emerging Markets Streaming Video Firm Signs NBCUniversal Deal For Africa

    NBCUniversal deal - Streaming Video Company Iflix Raises $133M In Funding To Enable African Expansion. Photo - African Business Communities By Peter Pedroncelli, 4:39 am

    Malaysian subscription streaming video service iflix, which is focused on emerging markets, has signed a deal with U.S. studio NBCUniversal to bring premium content to sub-Saharan African users. The Netflix and Showmax competitor entered into a major multi-year content licensing agreement with NBCUniversal, giving iflix subscribers access stream and download a selection of the studio’s titles.

  • U.S. Entrepreneurs Look To Tap Into Africa´s Growing E-Commerce Market

    ecommerce By Staff, 10:14 am

    Entrepreneurs in the United States (US) are hoping to take advantage of Africa’s growing e-commerce market. An online cross-border trade platform, called the Mall for Africa, is helping the continent’s entrepreneurs sell their goods. The platform allows African consumers access to over 200 US stores while giving American customers access to African produced goods. Mall for Africa founders say they can ship products to buyers in Nigeria, Kenya, Rwanda, Mauritius or Ghana, in just three days.

  • Top Economic And Political Predictions For Africa In 2018

    Economic And Political Predictions - Kenya Stock Exchange - East African Stock Markets By Kurt Davis Jr., 4:52 pm AFKI Original

    With the year 2018 now officially upon us, we thought it wise to make a few economic and political predictions for the African continent in the year ahead. From private equity deals in West Africa to the political situation in the Democratic Republic of Congo and everything in between, our emerging markets investment banker makes a number of major predictions for Africa with the next 12 months in mind.

  • Tech Firm Dedicates $8M To Digital Skills Training In Africa

    Skills training - Kenyan Government Initiative Aiming To Enable 1M Digitally Employable Youth By Peter Pedroncelli, 4:10 am

    Tech firm Sagarmatha Technologies has announced plans to invest $8 million in skills training that will aim to empower Africans across the continent with coding and other digital skills that are currently in short supply. The Cape Town-based firm will realize its skills training goals by partnering with certified African and global learning institutions. The investment will enable the training of 5,000 African computer coders, with their training set to take place between 2018 and 2022.

  • Here Are The Top 4 African Tech Trends To Watch

    tech trends By Staff, 12:24 am

    A decade ago, mobile phones propelled the beginnings of Africa’s tech wave through the arrival of mobile money – today, the mobile revolution has applications across every sphere of modern life in the region. With a young population of early-adopters and an improving infrastructure from telecommunications to payments, investment in Africa in 2018 is likely […]

  • Nonprofit Connecting African Tech Startups With Silicon Valley

    Stephen Ozoigo, CEO of the African Technology Foundation. Photo - thea25n - silicon valley - African tech hubs By Peter Pedroncelli, 9:59 am

    A nonprofit organization known as the African Technology Foundation is on a mission to connect African tech hubs with the expertise and opportunities available through Silicon Valley. The foundation, which was founded in 2014, is based in California, with around 12 staff members working to showcase the tech potential that resides within the young and vibrant African continent. Stephen Ozoigbo is the CEO of the African Technology Foundation.

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