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Elo Umeh, CEO, Terragon Group

How Nigerian Tech Entrepreneur Elo Umeh Of Terragon Group Is Building An African Digital Powerhouse

Over the last 15 years, Africa has seen significant mobile telecoms growth and now data is being viewed as the ‘new oil’ on the continent.

Rita Okuthe, Director of Enterprise Business, Safaricom

Safaricom Sees Amazon as Model for Kenya E-Commerce Platform

Safaricom Ltd. of Kenya plans to introduce an e-commerce platform within eight months targeting formal retail and informal online trading in East Africa’s biggest economy.

Flutterwave raises over $10 million in series A financing

Flutterwave, an online payments company founded by Nigerian 26-year old, raises over $10 million in series A financing (Infographic)

Flutterwave, which provides modern payments infrastructure for banks and businesses to make and accept payments across Africa, announced on Monday that it has raised over $10 million in a Series A round of funding.

Iyinoluwa Aboyeji, the 26-year old Founder of Flutterwave and Andela

26-year-old founder wants to transform online payments in Africa

Aboyeji is the Co-Founder of Flutterwave, a payments API that makes it easier for banks and businesses to process payments across Africa.

Ismail Ahmed, Founder & CEO, WorldRemit

WorldRemit Africa revenue to double by 2020 on mobile money, says Founder & CEO Ismail Ahmed

Higher-paid African expatriates sending cash to home countries. Money-transfer company has Facebook backer Accel as investor.

Social media has become the media in Africa

Social media has become the media in Africa

Five years ago, when Social Media Week launched in Lagos, it was the first event of its kind in Africa on that scale. At the time, social media seemed mostly a fun and useful marketing communications platform.

Africa’s rising middle class – and why it matters. Credit: newafricanmagazine.com

Africa's rising middle class - and why it matters

According to the African Development Bank (AfDB), as far back as 2011 there were already 313 million people – or 34 per cent of the continent’s total population – that could be referred to as middle class.

SafariCity, Arusha, Tanzania

Check out 5 futuristic African cities that will take the tourism industry by storm (Photos)

Africa is seen to take up the tech challenge by investing billions of dollars in the development of tech futuristic cities.

Shola Adekoya. CEO, Konga

Why Konga could be Africa's answer to Amazon: Shola Adekoya, CEO, Konga

Konga.com was founded in July 2012 and started purely as an online retailer selling baby and beauty products.

Lagos, Nigeria. Credit: FT

Weekend guide to Lagos

The culturally rich city has plenty to offer in the way of art and entertainment.

Labi Ogunbiyi

Data can become Nigeria's new "black gold"

In the early 2000s I decided to leave my job heading the African project finance team in a global law firm to become an investor.

Nunu Ntshingila, Head of Facebook Africa. Credit: Memeburn

Facebook is boosting its advertising teams in Africa

Facebook is building a team of young executives to win digital advertising dollars from small and medium sized businesses across Africa’s major markets.

Bob van Dijk, CEO, Naspers

Africa's most valuable company Naspers worth less than what it owns (Infographics)

Fifteen years ago, a South African media company invested $34 million in an obscure Chinese Internet developer. Today that stake is worth $88 billion.

Linda Ikeji Social

Linda Ikeji Social: Nigeria's super blogger Linda Ikeji launches social network and will share ad revenue with users (Video)

The name Linda Ikeji strikes fear into many a Nigerian celebrity. They’re often petrified their secrets are about be revealed in the powerful one-woman gossip machine that has dominated online media in Nigeria for the last decade.

Nigeria's Startups Get Boost from Buhari, Zuckerberg

Nigeria's Startups Get Boost from Buhari, Zuckerberg

Nigeria has a growing technology scene full of ambitious young entrepreneurs who are seeking out solutions to various social challenges.

Mark Zuckerberg's trips to Nigeria and Kenya track tech's growing interests on the continent

Mark Zuckerberg's trips to Nigeria and Kenya track tech's growing interests on the continent

After a surprise Nigeria visit to meet with techies in Lagos, Mark Zuckerberg took his Africa tour to Kenya this Thursday.

Mark Zuckerberg has made a surprise visit to Nairobi to learn about mobile money

Mark Zuckerberg has made a surprise visit to Nairobi to learn about mobile money

On his surprise tour of tech hubs in Africa, Mark Zuckerberg has made a pit stop in Nairobi.

It looks like Mark Zuckerberg is having a blast in Nigeria

It looks like Mark Zuckerberg is having a blast in Nigeria

Facebook CEO Mark Zuckerberg is currently visiting Lagos, Nigeria for his first trip to Sub-Saharan Africa.

Tony Elumelu, Chairman of Heirs Holdings & UBA

Nigeria has officially entered a recession + Interview with UBA Chairman Tony Elumelu (Video)

Nigeria’s economy has officially entered a recession. The latest growth figures shows the economy shrunk by 2.06% between April and June.

Zuckerberg's visit is a validation for betting big on Nigeria's tech industry

Zuckerberg's visit is a validation for betting big on Nigeria's tech industry (Video)

Facebook Founder, Mark Zuckerberg, has had a busy time, so far, in Lagos. He visited the Co-Creation Hub (Cc Hub), Nigeria’s leading technology incubator-turned-accelerator in Lagos’ Yaba neighborhood, a Silicon Valley-style ground zero.

Facebook's Mark Zuckerberg visits Nigeria in African knowledge quest

Facebook's Mark Zuckerberg visits Nigeria in African knowledge quest

Facebook founder and CEO Mark Zuckerberg is currently on a business trip to Africa, according to his Facebook page. Zuckerberg stopped over in Nigeria, Facebook‘s largest African market, to learn more about the country’s development and startup scene.

African Street Style. Credit: Twitter/‏@THECAROLDANVERS

Video: How many people use social media in Africa?

In 2014, 100 million people were using Facebook each month across Africa, over 80% via mobile. That figure has now jumped to over 120 million.

Iyinoluwa Aboyeji, Co-Founder, Andela. Credit: thescoopng.com

Andela Co-Founder Iyinoluwa Aboyeji is leaving to start payments company Flutterwave

Just eight weeks after raising $24 million in a funding round led by Mark Zuckerberg’s foundation, Andela, one of Nigeria’s best-known startups, is saying goodbye to its co-founder Iyinoluwa ‘E’ Aboyeji.

BalogunMarket.ng - The African Future Is Digital

The African Future Is Digital: Victor Asemota

WhatsApp? What is That? A couple of years ago, one of our Managing Consultants was in South Africa. She had decided to buy a local SIM instead to save cost on roaming.

Here are 7 predictions for Africa's tech sector

Here are 7 predictions for Africa's tech sector

As Africa transitions from the margins to the mainstream of the global economy, technology is playing an increasingly significant role.

Subtle racism and insidious neocolonialism in Nigeria’s startup ecosystem

Subtle racism and insidious neocolonialism in Nigeria’s startup ecosystem: Paul Adepoju

One of the big stories in Africa’s startup ecosystem this month was the announcement of Chan Zuckerberg Initiative’s $24 million investment in Nigeria-linked startup Andela. We saw it as a great moment for the African tech space.

Eric Osiakwan, Managing Partner, Chanzo Capital

How mobile is sparking creativity in African business: Eric Osiakwan, Managing Partner, Chanzo Capital

Chanzo Capital is an early stage micro-VC firm that provides capital and mentorship to high-tech startups in Kenya, the Ivory Coast, Nigeria, Ghana and South Africa (the so-called KINGS of Africa’s digital economy).

At the regional finals of the third annual Challenge Cup, hosted this year in Nairobi. Credit: Christopher M. Schroeder/recode.net

Startup Rising Africa

It’s hard to get more American than generalizing Africa as one big homogenous thing. It is, of course, a rich and diverse continent of more than 50 nations, where merely a piece of it — say from Kenya to Nigeria — is a greater distance than the entire United States.

Issam Darwish, Founder, Singularity Investments. Credit: forbes.com

Singularity invests in mobile advertising startup Sliide Airtime

Singularity Investments announced on Wednesday that it had invested an undisclosed sum into Sliide Airtime, a mobile advertising technology start-up that gives consumers free airtime in return for engaging with news and branded content delivered to the lock screen of their mobile devices.

UK investors eye Africa's burgeoning opportunities

Africa is one of the few bright spots on the global economic horizon, says billionaire investor George Soros

Investor and philanthropist George Soros has described Africa as ‘one of the few bright spots on the global economic horizon’, while consultants McKinsey say that the continent offers higher returns than any other developing region.

Mobile in Africa: Still room to grow (Reuters/Mohamed Nureldin Abdallah)

Why this industry leader believes mobile in Africa has not yet reached its potential

Africa is a mobile-first continent. With almost 70% penetration and the innovations around mobile money, the continent is redefining what one can do with a cell phone.

Jason Njoku, Founder & CEO, iROKOtv

Jason Njoku sees huge potential for iROKOtv in Sub-Saharan Africa (Video)

With over 5,000 movie titles available, iROKOtv is the world’s leading provider of Nigerian movies, also referred to as Nollywood, online.

South Africa's MTN is the most admired brand in Africa

MTN, Samsung and Coca-Cola top list of most admired brands in Africa

Brand Africa has announced that MTN is the overall best brand in Africa and reclaimed the #1 spot as the Most Admired Brand in Africa at a gala launch of the 4th Annual Brand Africa 100: Africa’s Best Brands at Sandton Convention Center.

Justine Powell, Senior Vice President, iROKO Global, iROKO Partners

iROKO launches global content distribution and licensing division iROKO Global, appoints Justine Powell as SVP

Having conquered the African VOD market and grown into the world’s largest online distributor of African content, iROKO has launched a global content distribution and licensing division, iROKO Global.

Dianne Kohler-Barnard, former member of South Africa’s Democratic Alliance

South Africa's opposition expels member Dianne Kohler-Barnard over Facebook post

South Africa’s main opposition party has expelled a prominent member for sharing a Facebook post praising an apartheid leader.

Nunu Ntshingila, Head of Facebook Africa

Millions in Nigeria and Kenya embrace Facebook on mobile to share and connect with others (Infographic)

Facebook has shared new statistics revealing that 2.2 million Kenyans use Facebook every day and 4.5 million each month, while 7.1 million Nigerians use Facebook daily and 15 million are active every month.

Why WhatsApp is South Africa's favorite app

Why WhatsApp is South Africa's favorite app (Infographic)

As WhatsApp launches its web app for iOS – porting the 900 million-strong messaging service to allow iPhone users to send and receive messages through a browser – the top country it’s used in (South Africa) offers a timely reminder of just how good a messaging service it is.

Airbnb

House sharing service Airbnb plans Africa expansion

Airbnb is hoping to spread its unique brand of hospitality throughout Africa. The San Francisco company, which allows people to rent rooms in their private homes to travelers over the Internet, held an event July 27 in Johannesburg, where Airbnb Chief Executive Officer Brian Chesky walked local reporters through the company’s ambitions in the world’s second-most populous continent.

Mark Zuckerberg, Founder & CEO, Facebook

Facebook to open 1st Africa office in Johannesburg. Ex-Ogilvy South Africa Chairman to head operations

Facebook will be opening its first headquarters in Africa next month as the company looks to acquire its next billion users.

Nollywood cinema just became more accessible - iROKOtv inks deal with Netflix

Nollywood cinema just became more accessible - iROKOtv inks deal with Netflix

Netflix subscribers may have noticed the recent addition of Nollywood movies to the Netflix library.

Supporters of presidential candidate Muhammadu Buhari gesture in front of his election posters in Kano

How technology eased Buhari's path to power in Nigeria

Technology played a decisive role in helping Muhammadu Buhari become the first Nigerian to oust a sitting president at the ballot box, from social media campaigning to biometric machines preventing the widespread rigging that marred past polls.

M-PESA

Fact of the Day: Mobile money service M-PESA is Kenya's top brand

Mobile money payment service M-PESA has been voted as Kenya’s leading brand in the Top 20 super brands in Kenya survey.