JUMIA, Nigeria a retailer has raised $35M in fresh funding to expand & move into a new 90000 sqft warehouseLast weekend, online retailer, Jumia, raised a $35 million series B to expand its market in Nigeria, Egypt, and Morocco.  The investment came from Millicom, who is located in Africa and South America. Earlier…

Over the past years, Nigerian Telecommunication industry has been characterised by promos and lotteries. The promos and lotteries which are geared towards wooing new subscribers while retaining old ones, have its pros and coins. Yes, they call it ‘Giving back to the Society’ when the actual motive is to bring new…

The newly established Women of West Africa in Entrepreneurship (WOWe)’s debut conference is designed towards encouraging and promoting young upcoming female entrepreneurs. WOWe Conference, scheduled to hold in Lagos, Nigeria between June 20 and June 22nd, would empower women, acknowledging the fact that the cultural obstacles facing women is a…

Just as every organization has a niche, perhaps a mission statement, it is pertinent for your business to find one market your brand dominates and work towards its relevance and sustainability. As far as reaching consumers and advertising is concerned, the internet has succeeded in beating down the cost to…

Nigerian-based tech companies, ProWork and Maliyo Games, joined 48 other top entrepreneurs in a Dragon’s Den pitching session which took place last week, at the Global Forum 2013 in East London, South Africa. The competition saw 50 top SME entrepreneurs from all over the world pitch their innovative concepts and technology-based solutions in a Dragon’s Den setting before…

Hey guys, Pelumi Oyetimenhin and Abiodun Thorpe looked at the potential Tv white spaces could create for Africans. We also looked at Smart phone and Cancer, among other topics. You can download the episode here and subscribe via iTunes here Length: 27mins Media Format: .mp3 Downloadable: Yes

A venture round is a type of funding round used for venture capital financing, by which startup companies obtain investment, generally from venture capitalists and other institutional investors. The availability of venture funding is among the primary stimuli for the development of new companies and technologies. Series A Funding Series A Preferred Stock is the first round of stock offered…

Are you a Nigerian lady in secondary school or university? Here is an opportunity for you – from the makers of your favourite BBM, BlackBerry®. You can now ‘ping’ your way into full scholarship! You can apply for the new BlackBerry® Scholars Program, an initiative designed to inspire women globally…

Fashion is a big business and it affects how people perceive you or your services in Africa. Fashion makes over $400 billion dollars annually with countless designers in the fashion capitals of the world, from Paris, London, New York, Milan and now recently Lagos, Nigeria. As Fashion helps in developing…

150,000 Opón Ìmò are to be distributed across all senior secondary school in the State. The distribution would be phased to allow for easier program implementation and assimilation. The goal of this project includes: To democratise access to learning. To complement current education reform. To help senior secondary school student…