The launch of the LG InstaView refrigerator introduced a new era in home refrigeration, combining advanced technology, exceptional energy efficiency, and unmatched convenience to transform how households interact with their appliances. The LG InstaView Door-in-Door Refrigerator does more than just keep food fresh. It's a perfect mix of modern technology and everyday usefulness, taking cooking to a whole new level of sophistication and ease.
Tuesday 22 October 2024
LG InstaView Refrigerator: Innovative Features for Freshness, Hygiene, and Health
The launch of the LG InstaView refrigerator introduced a new era in home refrigeration, combining advanced technology, exceptional energy efficiency, and unmatched convenience to transform how households interact with their appliances. The LG InstaView Door-in-Door Refrigerator does more than just keep food fresh. It's a perfect mix of modern technology and everyday usefulness, taking cooking to a whole new level of sophistication and ease.
Publicis Groupe Shines at the 2024 Loeries Awards
Publicis Groupe Middle East and Africa (MEA) has been named the 2024 Regional Agency Group of the Year at the prestigious Loeries, highlighting its dominance in the advertising industry. The award celebrates the agency's innovation and creative excellence across multiple regions, solidifying its leadership in the sector.
Nigeria Aims for Election to IMO Council as Maritime Leader
Nigeria has officially declared its intention to seek election into Category "C" of the International Maritime Organization (IMO) Council, signalling its growing influence in global maritime affairs. Minister of Marine and Blue Economy, Adegboyega Oyetola, made the announcement during the 2024 World Maritime Day event in Barcelona, Spain.
Equinix Completes MainOne Integration, Strengthening Its Nigerian Data Center Footprint
Equinix, a leading global data center and colocation service provider, has successfully completed the integration of Nigerian connectivity company MainOne, two years after a $320 million acquisition in 2022. The move solidifies Equinix's strategic position in Nigeria’s rapidly growing data center market.
LG WashTower: A High-Performance, Space-Saving Laundry Solution with Advanced Features
As global demand grows for sustainable living, energy efficiency, and minimalist design, companies are reshaping their product offerings to stay competitive and meet consumer expectations. At the forefront of this shift in the home appliance market is LG Electronics with its cutting-edge WashTower - a high-performance, space-saving laundry solution designed for today's urban households.
Monday 21 October 2024
Stripe Finalizes $1.1 Billion Acquisition of Stablecoin Platform Bridge in Historic Deal
Stripe, the leading payments company, has officially acquired stablecoin platform Bridge in a record-breaking $1.1 billion transaction, making it the largest acquisition in the cryptocurrency industry to date. The news was confirmed by TechCrunch founder Michael Arrington via a tweet on October 20, 2024, stating, "This deal is done. $1.1b."
Japan and African Development Bank Mark 30 Years of Strategic Partnership Through Japan-Backed Trust Fund
The African Development Bank Group (AfDB) has marked the 30th anniversary of the Policy and Human Resource Development Grant (PHRDG), a Japan-backed bilateral trust fund established in 1994. The fund has played a pivotal role in Africa’s development, supporting over 100 transformative projects aimed at bolstering human capital across the continent.
Sunday 20 October 2024
Mobile World Congress Kigali 2024 to Highlight Connectivity’s Role in Africa’s Socio-Economic Growth
The Mobile World Congress (MWC) organised by the Global System for Mobile Communications Association (GSMA) is set to return to the Kigali Convention Center from October 29-31, 2024, as Africa’s premier connectivity event. Bringing together innovators and political leaders, the event will focus on advancing the digital economy and fostering socio-economic development across the continent.
Thursday 17 October 2024
Vantage Capital Secures €66M Investment Deal with Camusat to Drive Telecom Expansion and Sustainability in Africa
Vantage Capital, Africa’s largest mezzanine fund manager, has announced the completion of a €66 million mezzanine investment in Camusat Holding S.A.S. The investment will help refinance debt and support the expansion of Camusat's AktivCo division, which focuses on infrastructure for mobile network operators (MNOs). This deal is part of a larger €81 million financing package, which includes contributions from Eurazeo, a leading European investment group.
Yellow Card Secures $33M in Series C Funding Led by Blockchain Capital to Drive Expansion Across Africa
Yellow Card, the pioneering stablecoin platform and the first to be licensed in Africa, has successfully raised $33 million in a Series C funding round. This equity round was led by Blockchain Capital, with notable participation from investors such as Polychain Capital, Third Prime Ventures, Castle Island Ventures, Block, Inc., Galaxy Ventures, Blockchain Coinvestors, Hutt Capital, and Winklevoss Capital.
First Judges Announced for WARC Awards Middle East & Africa 2025
WARC, the global leader in marketing effectiveness, has unveiled the first group of judges for the 2025 WARC Awards for Middle East & Africa, in partnership with LIONS. The prestigious awards celebrate the region's most effective and strategic marketing campaigns that have driven significant business growth.
Redefining the Disconnect in Strategic Communication between the Nigerian Government and the People
By Dr. Omolaraeni Olaosebikan
The relationship between the government and the governed is pivotal for the progress and growth of any society. When the government fails to effectively communicate its policies, programs, and initiatives to the citizens, it only deepens the distrust and disconnect between them.
Wednesday 16 October 2024
CBN Signs New Code to Boost Financial Inclusion for Women Entrepreneurs
The Central Bank of Nigeria (CBN) has introduced a new code to enhance financing opportunities for women entrepreneurs, a step aimed at advancing financial inclusion across the country. Speaking during the 30th Nigeria Economic Summit (NES30) in Abuja on Wednesday, CBN Governor Mr. Yemi Cardoso emphasised the initiative’s potential to expand access to financial services for women, in partnership with the Development Bank of Nigeria and the Bank of Industry.
VFS Global Named Exclusive Biometric Collection Provider for Australian Visa Applicants in Sub-Saharan Africa
VFS Global has been appointed by the Australian Department of Home Affairs to roll out biometric collection centres across Sub-Saharan Africa. This appointment solidifies VFS Global’s role as the exclusive provider of biometric services for Australian visa applicants in all nine global regions, including the Americas, Europe, Mekong, Middle East and North Africa, Pacific, South Asia, Southeast Asia, North Asia, and now Sub-Saharan Africa.
AREWA24 Expands to Four New West African Markets Through Canal+ Partnership
AREWA24, the leading 24-hour Hausa-language entertainment and lifestyle channel in West Africa, has announced a major broadcast expansion into four new countries: Benin, Burkina Faso, Mali, and Togo. The expansion was made possible through a strategic partnership with CANAL+ International, with AREWA24 now available on CANAL+ Channel 297.
Tuesday 15 October 2024
IHS Towers to Restore NCC Innovation Park in Kano – Minister Bosun Tijani
In a major step toward revitalizing Nigeria's digital infrastructure, Dr. Bosun Tijani, the Minister of Communication, Innovation, and Digital Economy, has revealed that IHS Towers, a leading telecommunications infrastructure company, has committed to rebuilding the Nigerian Communications Commission (NCC) Innovation Park in Kano. The facility, which was looted and vandalized during the August 1, 2024 '#EndBadGovernance' protests, plays a vital role in enhancing Nigeria's standing in the global digital economy.
AVCA’s Sustainable Investing Summit Spurs Action on Mobilising Private Capital for Africa’s Growth
The African Private Capital Association (AVCA) hosted its third Sustainable Investing in Africa Summit (SIAS), bringing together over 150 global leaders, investors, and change agents to ignite discussions on advancing sustainable investment across the continent. The one-day summit explored innovative approaches to mobilising local and global capital, pushing for immediate action on climate change and inclusive growth in Africa.
Africa's Renewable Energy Push Gains Momentum at Nairobi Investment Forum
The Accelerated Partnership for Renewables in Africa (APRA) has launched its inaugural Investment Forum in Nairobi, bringing together ministers, investors, developers, and financial institutions to advance the continent’s renewable energy landscape. The forum aims to build a strong pipeline of projects and unlock large-scale investments, accelerating Africa’s energy transition while promoting the development of green industries.
Monday 14 October 2024
9mobile Amplifies Mental Health Awareness with Successful X-space Event
In its ongoing commitment to raising awareness about mental health, 9mobile hosted a virtual X-space event titled "Navigating Mental Health in a Digital World," in observance of World Mental Health Day. The event spotlighted this year's theme, "Mental Health at Work," emphasising the need for accessible mental health care for all.
APRA and PRCA Launch Fourth Annual Study on Africa's PR Industry
The African Public Relations Association (APRA) and the Public Relations and Communications Association (PRCA Africa) have announced the release of their fourth annual study, marking the third year of collaboration between the two organisations. Conducted by Reputation Matters, the 2024 research explores the evolving landscape of PR and Communications across the African continent.
Apple's Product Launch: What to Expect from Macs and More this October
Apple is gearing up for another major event this October 2024, and this time the spotlight is on Macs. After a September iPhone showcase, the focus now shifts to the highly anticipated Apple Silicon M4-powered Macs. Rumours suggest refreshed versions of the iMac, MacBook Pro, and Mac Mini, with a possible update to the iPad Mini as well.
Arla Showcases Advanced Dairy Production and Sustainable Farming at Kaduna Open Day
...Event highlights cutting-edge techniques and collaboration to boost Nigeria's dairy industry
Arla Foods, a farmer-owned dairy co-operative, recently hosted its first-ever Arla-Damau Open Day at the Arla Farm in Damau, Kaduna, bringing together key industry players to promote the advancement of local dairy production in Nigeria.
ALX Nigeria Empowers Over 90 Young Girls on International Day of the Girl Child
In celebration of the International Day of the Girl Child, ALX Nigeria, a prominent tech accelerator, hosted an inspiring event at its Lagos hub, welcoming more than 90 young girls. Themed "Girls' Vision for the Future," the event aimed to ignite ambition by exposing girls to opportunities within the digital economy, enhancing leadership abilities, and providing access to meaningful mentorship.
Visa Unveils New Airport Companion App to Elevate Global Travel Experience
Visa, a leader in digital payments, has introduced the Visa Airport Companion (VAC) app, a cutting-edge solution for airport lounge access and travel services, now available to eligible Visa cardholders in Nigeria. Partnering with DragonPass, the app will replace previous lounge access programs starting October 1, 2024.
Friday 11 October 2024
WPP Forms Global Alliance with Roblox to Expand Immersive Media Expertise
WPP has unveiled a global partnership with Roblox, the renowned immersive gaming and creation platform, marking a significant step forward in their years of collaboration on 3D interactive brand content and advertising. This alliance aims to empower agency teams and brands in utilizing Roblox as a powerful new media channel.
Seven TikTok Tools to Support Your Mental Well-Being
As mental health challenges continue to rise globally, about half of all disorders develop before age 14, with 75% emerging by 25, according to research shared by TikTok. In sub-Saharan Africa, adolescents are particularly vulnerable, with 14.3% of children experiencing serious psychological difficulties. Yet, across the continent, mental health literacy is low, and stigma prevents many from seeking the support they need.
Senate Confirms Lawal as NSIPA National Coordinator, Prof. Saleh as NAHCON Chairman
The Nigerian Senate has confirmed Dr. Badamasi Lawal as the National Coordinator and Chief Executive Officer of the National Social Investment Programme Agency (NSIPA). His confirmation followed the adoption of a report by the Senate Committee on Poverty Alleviation and Social Investments during a plenary session on Thursday.
CBN to Raise N300 Billion in OMO Auction, Spot Rates Expected to Climb
The Central Bank of Nigeria (CBN) is set to raise N300 billion through an Open Market Operation (OMO) auction across standard maturities, with analysts forecasting a rise in spot rates. This follows the CBN's recent benchmark interest rate hike aimed at curbing Nigeria’s persistently high inflation.
Tesla Unveils Cybercab: Elon Musk's Vision for Autonomous Ride-Hailing
Tesla CEO Elon Musk has once again disrupted the automotive industry with the unveiling of the Cybercab, a fully autonomous two-door robotaxi with a sleek, compact design reminiscent of the Cybertruck. The highly anticipated event, dubbed “We, Robot,” took place at the Warner Bros. Discovery studio in California, showcasing Musk’s vision for the future of urban transport.
Career Digest Set to Unveil Skills Development Reform Agenda at UNILAG
...Calls for Stakeholders Support
Preparations are in full swing for the unveiling of the 21st Century Skills Roadmap (21st CSR), a pivotal two-day event set to take place at the University of Lagos (UNILAG) from Thursday, November 14th to Friday, November 15th. Organised by Career Digest (CD) Limited, a social business enterprise, in partnership with key stakeholders in the education sector, the event will address the long-standing skills gap between educational institutions and the workforce in Nigeria and parts of Africa. CD aims to present concrete solutions to this persistent challenge, which has hindered workforce development for decades.
Thursday 10 October 2024
Moonshot 2024: African Leaders Call For Strategic Collaborations to Elevate Africa's Role in the Global Digital Economy
African leaders have called for enhanced strategic partnerships with the private sector to bolster the continent's position in the global digital economy. Delegates from Nigeria, Ghana, Sierra Leone, and Mauritania at the second annual Moonshot by TechCabal conference held in Nigeria, made this appeal during a high-level pan-African Ministerial panel session on September 9th, the first day of the technology conference organized by TechCabal, a prominent ecosystem convener in Africa.
Rising Petrol Prices to Drive Up Transport Costs, Inflation, and Harm SMEs – NACCIMA
The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has raised concerns over the recent surge in petrol prices in Lagos and Abuja. The association warns that the sharp increases, with prices now at N998 and N1,030 per litre, will significantly raise transportation costs, fuel inflation, and heavily strain small and medium-sized enterprises (SMEs).
Coscharis Technologies Secures $4 Billion to Boost Nigeria’s Energy Sector
Coscharis Technologies Limited, a division of the Coscharis Group, has secured a $4 billion investment to launch major power projects aimed at transforming Nigeria’s energy landscape. The funding will drive renewable energy solutions that support businesses, startups, and eventually, residential communities, aligning with the nation’s sustainability goals and reducing dependence on fossil fuels.
Canon Europe Expands Scanner Range with New imageFORMULA DR-S350NW
Canon Europe has strengthened its scanner lineup with the introduction of the imageFORMULA DR-S350NW, a compact and secure A4 desktop scanner designed for speed, efficiency, and high-quality performance. Ideal for a wide range of industries, including education, legal, healthcare, and small offices, the new scanner is user-friendly and operates without requiring a PC connection, driver, or software installation.
Guinness Nigeria Announces Leadership Changes as Tolaram Finalizes Takeover
...Appoints Girish Sharma as New MD/CEO
Guinness Nigeria Plc has officially completed the sale of Diageo’s majority shareholding to Tolaram, marking a significant change in the company's leadership and ownership structure. With all regulatory approvals in place, the transfer of Diageo’s 58.02% stake to Tolaram became effective on 30th September 2024.
Nigerian Bank CEOs and CIBN Raise Concerns Over Media Smear Campaigns Targeting Banks
The Chartered Institute of Bankers of Nigeria (CIBN) and the Body of Banks CEOs in Nigeria have expressed strong concerns over ongoing negative media campaigns directed at Nigerian banks. In a joint statement signed by Dr. Oliver Alawuba, Chairman of the Body of Banks CEOs in Nigeria, and Professor Pius Deji Olanrewaju, President of the CIBN, both entities underscored the critical role the banking industry plays in Nigeria’s economic stability and growth.
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