IT/Telecom
Reshaping the e-commerce scene one Black Friday at a time, the Jumia way
Since the 1980s, when the term “Black Friday” became a catchphrase for consumers and entrepreneurs alike, the day has taken on a life of its own, spreading across the globe from the United States of America to Nigeria. Black Friday, once synonymous with early morning queues, frantic in-store shopping, and…
Read More »Jumia’s Strategic Pivot: Lowest Losses Since IPO, GMV Growth in Physical Goods across Five Countries in Q3 2023
Jumia Technologies AG, a leading Pan-African e-commerce company, continues its journey towards financial resilience and sustained growth, reporting its lowest Adjusted EBITDA losses since its IPO in 2019. The company’s relentless focus on strategic growth initiatives has yielded promising results, evident in the Q3 2023 earnings report. Under the…
Read More »Trump’s Truth Social lost $73m
A total of $73 million has been lost to date since by Truth Social, a social platform, launched by former US President, Donald J. Trump, a new filling by Securities and Exchange Commission has revealed. Truth Social was launched in February 2022. According to a report by MediaPost, the…
Read More »MTN Allegedly Forces Out Local Telecom SMEs From International Call Market
By Yewande Grillo MTN Nigeria Communications PLC has seized virtually exclusive control from participating small and medium-scale local and international call market operators known as International Data Access Operators (IDA), and practically chased all of them out of the market by strong-arm tactics, including the illegal demand for payment for…
Read More »MFS Africa rebrands to Onafriq
Digital payments network, MFS Africa, has changed its identity to Onafriq, the company said this via an announcement on Thursday. It says the rebranding is not just a name change but a reflection of the company’s evolution and its vision for the future. Dare Okoudjou, founder and CEO, puts…
Read More »Konga TV offers free adverts, price slash as it goes live Nov. 6
Konga TV, Africa’s pioneer 24-hour Buyers and Sellers TV platform, will go live on Monday, November 6, 2023. This development which comes after weeks of meticulous planning, testing, and eager anticipation will coincide with Konga Yakata, Nigeria’s biggest Black Friday sales event. Konga TV is a groundbreaking platform designed…
Read More »Konga launches Yakata 2023
E-commerce giant, Konga, has launched its highly anticipated Black Friday campaign tagged, Konga Yakata! The online platform which is Africa’s leading e-commerce group made the announcement in a press release made available Thursday. The month-long extravaganza of discounts and deals is set to take the online shopping experience to the…
Read More »Adesugba, Slade, Gbade-Bello, others to lead conversation at TATSA 2023
By Amechi Obiakpu The Vice President of the Association of Tourism and Hospitality Consultants in Nigeria ATHCON, Adedayo Adesugba, is scheduled to lead the conversation in this year’s Tourism and Technology Summit Africa. The summit is billed to hold Friday, October 27, 2023 at the Oriental Hotel in Lagos, by…
Read More »Gaston Taratuta, digital ad expert joins UNESCO’s Global Education Coalition for improve accessibility to digital advertising
Digital Ad Expert, Aleph Group, Inc’s social initiative to create economic opportunities through digital advertising education, is delighted to join UNESCO’s Global Education Coalition. Formed in March 2020 during the COVID-19 pandemic, the Global Education Coalition was established by UNESCO – the United Nations agency dedicated to bringing people…
Read More »Zinox boss charge youth to demonstrate high level of integrity
Young business owners and startups in Africa have been charged to demonstrate a high level of integrity and diligence when executing government contracts as the quality of their country defines their future. The charge was made by Africa’s leading digital entrepreneur and Chairman, Zinox Group, Leo Stan Ekeh. Ekeh made…
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