US accelerator TechStars believes Kenya's Bamba Group could be the next AirBnB or Dropbox within the next five years. The experts will put Bamba through intensive training in Austin, Texas, and give them a cash investment to fast-track their growth.
On the next Biz Takeouts Marketing & Media radio show on Thursday, 11 February 2016, from 9-10am, show host Warren Harding starts the show by chatting to founder and managing director of Interactive Africa and Design Indaba, Ravi Naidoo.
MTN Nigeria said it is ready to meet Etisalat Nigeria in court over its acquisition of Visafone Communications Limited. MTN is deploying the 800MHz spectrum for the commercial rollout of Long Term Evolution (LTE) technology for its fourth generation (4G) network.
Technology and pharma company Merck is open for applications to its second accelerator programme for digital health in Nairobi, Kenya this April. Startups will receive equity-free funding of $15,000 funding, three months coaching and mentoring as well as workspace at the Nairobi Garage.
Small and medium sized enterprises (SMEs) are the primary job creation engine in Africa, accounting for over 95% of firms and 60%-70% of employment.
Abu Dhabi headquartered telecoms company Etisalat is suing MTN for the second time in under a year in Nigeria. Etisalat confirmed to Bloomberg that it is suing MTN over the latter's purchase of Nigerian internet provider Visafone Communications.
"I am passionate about innovation and I am passionate about Africa, but more importantly I am passionate about the potential of young people." - Siya Xuza
Since the entry of social media into the Nigerian space, many people have explored it to their advantage in various ways. One interesting way is becoming social media influencers.
Minister of Youth, Sport and Child Development Vincent Mwale has called for the provision of entrepreneurship skills and startup capital to youths to create employment and wealth.
The Committee to Protect Journalists condemns the decision by the Democratic Republic of Congo's government to close two privately owned news channels, and urges officials to allow the channels to resume broadcasting immediately.