Most Recent World News

Konga Launches Africa’s Largest e-Commerce Warehouse

Leading Nigerian online shopping mall Konga.com, today announced it has relocated to a 120,000 sq ft fulfillment centre which is the largest warehouse of any e-commerce firm in Africa, tromping Jumia.

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Africa’s Youngest Billionaire, Ashish J. Thakkar Is First African To Make Fortune 40 Under 40

Ashish J. Thakkar, the 32 year-old founder and CEO of Mara Group, has emerged the first African ever to be named in Fortune Magazine’s prestigious annual 40 Under 40 list which.

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Africa’s Richest Woman Isabel Dos Santos To Open Retail Business

Angola’s richest woman, Isabel Dos Santos is partnering with Sonae, Portugal’s largest retailer, to launch 5 new food hypermarkets in Angola, Reuters has reported. The first hypermarket is scheduled to open sometime in 2015. Sonae is.

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What It Takes To Build Nigeria’s Largest SME Data Company

Vconnect with an initial capital of $63,000 amassed a database of 700,000 business listings in a market where naspers’ mocality shutdown Deepankar Rustagi is an entrepreneur of Indian descent, but.

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MTN, Jumia Partner To Boost E-commerce In Nigeria

Nigeria’s largest telecommunications network, MTN has partnered with online retail store, Jumia, to enable customers who purchase mobile phones from the store gain free access to the digital world for six.

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Lagos-based Internet group, SPARK Raises $2m For Nigerian Internet Startups

Lagos-based Internet group, SPARK has raised a $2 million investment from a syndicate of 17 international investors, based on a $10 million valuation for its network of Nigerian internet startups. The investment.

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Africa’s Top 20 Tech Influencers

Africa’s technology landscape is vast and growing. It is ripe for expansion and is increasingly becoming an attractive environment for companies (local and international) to set up shop and invest..

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Screw The Startups, Africa Needs More Netrepreneurs

It’s the dream of any tech-person: come up with an idea or concept that you can build up and sell off for millions. Consider something as banal as Draw Something.

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Tony Elumelu On Africapitalism

The answer to Africa’s development challenge is in the hands of Africans not Americans, Europeans, or Chinese. The answer will not come from Development Bank initiatives, aid incentives, or relief.

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JUMIA: A Local African Entrepreneurial Success Story

Two young West Africans are taking e-commerce to the next level in Africa’s most populous nation – and soon to be the continent’s largest economy – Nigeria. Exploring the huge.

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