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Tony Elumelu Asks African Entrepreneurs To Take Their Business To BRICS

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brics-2013Tony O Elumelu, Chairman of Heirs Holdings has asked BRICS business leaders to make room for African entrepreneurs looking to expand their businesses beyond the continent.

Elemulu was speaking during a panel discussion held at the first BRICS Business Council meeting in Johannesburg this week before business leaders from BRICS and 19 other African countries.

Elumelu said: “A new crop of African entrepreneurs are emerging who have ambitions beyond the continent. They should be investing in the BRICS countries in the same way that BRICS are investing in Africa – this relationship needs to go both ways.”

He was speaking on “Specific measures and initiatives to increase business, trade, manufacturing, and investment ties between the BRICS countries and Africa”, a discussion moderated by Donald Kaberuka, President of the African Development Bank.

Elumelu added that as African business leaders, and as Africapitalists there were enough resources to make things happen in Africa on if we agree share the opportunities on the continent.

“There are enough of us to make a difference.  We need to work together to find ways of increasing trade and investment ties between the BRICS nations and Africa,” he concluded.

Other prominent African business leaders at the meeting including Mo Ibrahim, Isabella Dos Santos and Johann Rupert.

Kaberuka talked on the need to up Africa’s infrastructure for businesses to grow while  Angola’s Isabella Dos Santos said there was need for investment in ‘soft infrastructure’ stating broadband technology would have a transformative effective similar to mobile technology in Africa.

Mo Ibrahim talked about Africa’s poor global image and the importance of governance and the need for transparency, fighting corruption and improving education and health.

South African Johann Rupert, Chairman of Richemont and Remgro talked about the critical things he looked for as an investor – regardless of where his investment was located. He listed the four critical areas as: the rule of law, independence of the judiciary, security of property and transparency of markets.

African Governments To Reserve 100 Offensive & Sensitive .Africa Domain Names To Protect National Interests

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dotAfrica_logoAfrican governments now have the right to reserve 100 sensitive or offensive .Africa domain names to protect their interests and the interests of their citizens said the ZA Central Registry (ZACR).

According to Alice Munyua, dotAfrica Reserve Name List (RNL) process lead,“From 15 September 2013, governments will be able to start reserving their identified domain names.”

Munyua was speaking on the launch of dotAfrica’s Reserve Name List policy which calls all African governments to reserve certain domain names so as the governments protect their national interests and those of their citizens.

Governments can reserve names such as names countries, capital cities and major towns or religious, cultural and linguistic names especially names for languages, tribes, peoples, religious groups and names which are used or linked to governmental agencies.

Governments also have a mandate to block offensive names that might cause prejudice or hatred based on race, ethnicity, political association, gender, sexuality, religion, conscience or culture. Such names will be blocked from registration by any one. The governments will nominate representatives to identify the names to reserve in collaboration with the African Union Commission.

Munyua said only a registered government representative will be able to submit names via the Reserve Name List Portal. These names can be redeemed within the timeframe set out in the RNL policy. The  .Africa) gTLD is the brainchild of African Internet pioneers and the African Union Commission and aims to establish a single domain name to promote Africa’s people, businesses and culture online.

Endorsed by African ICT ministers, the  dot Africa gTLD launches March 2014 but in the meantime African governments can restrict  100 names with 20 applications restricted as offensive at http://www.africainonespace.org/rnl

 

 

Mahindra Comviva & Vantrix In A $2.5 Billion Video Optimization Deal

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Comviva Usage_FinalMobile solutions beyond Value-Added Services firm, Mahindra Comviva has partnered with Vantrix, a pioneer in mobile video optimization and delivery solutions in a bid to effectively manage, optimize and monetize the explosive growth of video traffic that service providers are experiencing in their markets.

According to their release statement, the deal will see Vantrix’s advanced video optimization solution, Bandwidth Optimizer integrated with Mahindra Comviva’s Mobile Data Platform (MDP), targeted at addressing the broadband traffic and specifically Video Traffic for Policy Management, Optimization and Monetization (MOM).

The parties expect the  solution to enable service providers to manage, optimize and monetize their mobile broadband video traffic while offering their subscribers a high performance and rich media experience, leading to increased data adoption and reduced network congestion.

Madan G. Onkar, Vice President, Internet and Broadband Solutions, Mahindra Comviva said, “Given the explosive growth in the video traffic and the increase in broadband subscribers globally, it’s imperative that video traffic is managed and delivered intelligently, in the most optimal manner. It contributes to a significant portion of the service providers’ data revenue today. We are excited to extend our partnership with Vantrix to jointly offer the policy-based video optimization solution to our customers worldwide.”

A recent study shows that mobile video traffic exceeded 50% in 2012 and it is predicted that by 2017, video will generate 66.5% of all mobile data traffic. Globally the internet video users will be 2 billion by 2017. At the same time, mobile video traffic in Africa is predicted to grow 27 fold from 2013 to 2017 at a compound annual growth rate of 93 per cent. Video will be 72 per cent of Africa’s mobile data traffic in 2017, compared to 47 per cent at the end of 2012.

“Today, it is evident that video content consumption is the key driver for data traffic growth on service provider networks. These providers need to manage the growing costs of this demand, offer a compelling experience to their customers and enable new revenue opportunities,” said Alex Staddon-Smith, Sr. Vice President, Global Sales and Business Development, Vantrix. “We are delighted to partner with Mahindra Comviva to deliver a best-in-class solution to address these challenges.  Our solution, Bandwidth Optimizer, is designed to improve the overall end user experience, while at the same time optimize the delivery of video content and enable monetization opportunities for our clients.”

Mahindra Comviva has more than a decade of experience in managing mobile data pipes for over 80 service providers across 40+ countries globally while Vantrix solutions are deployed in over 75 mobile networks, serving more than one billion subscribers in five continents. Vantrix has worked with Mahindra Comviva with their media transcoding for its Multimedia Messaging Service Center (MMSC) suite and RCSe compliant IMPS suite.

 

 

 

Verve International Partners With First Registrars To Launch FirstDividend Plus Prepaid Card

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VerveVerve International, the firm behind Verve payment card brand has partnered with First Registrars to launch FirstDividend Plus Prepaid Card,   a ‘first of its kind’ prepaid card issued to shareholders into which dividend amounts due to them are automatically credited.

Mr. Bayo Olugbemi, Managing Director/Chief Executive Officer of First Registrars Limited, said,“Our organisation has committed tremendous human and financial resources to the creation of strategic IT enabled products and services that are geared towards making share registration management and procedures seamless for all stakeholders in the business.”

 

The launch of FirstDividend Plus Prepaid Card is also expected to address unclaimed dividend (especially amongst retail shareholders) which has been a challenge in the capital market.

The partners add that the Verve branded FirstDividend Plus Prepaid Card was designed to support the financial inclusion drive of the Central Bank of Nigeria (CBN) as part of the cashless policy. It addresses a local challenge with an innovative solution, which is critical to the adoption and acceptance of e-payment services.  Hence, all shareholders, whether with bank accounts or not, are able to receive their unpaid dividends.

The card works simply.

Once the shareholder receives the card, the shareholder is ready to receive dividends, which is credited to the card immediately the payment is authorized.

The beneficiary of the dividend can then withdraw the funds at an ATM, transfer it to his/her preferred bank account, or spend the funds at any of the 130,000 POS terminals and 1,000 websites where Verve is accepted in Nigeria.

Mr. Charles Ifedi, Chief Executive Officer, Verve International, said:“Verve is proud to have been selected to support this new product which is the first of its kind. Verve and First Registrars are both market leaders and provide innovative homegrown solutions to address Nigeria’s e-banking needs. This revolutionary new product will ensure all shareholders, including the unbanked, do not suffer lost income.”

 

 

Rocket Internet’s Jumia Goes Mobile | Launches Android App For Africa

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Jumia Mobile App_02_smRocket Internet’s Africa online shopping destination JUMIA, has launched its Android App in Nigeria, Morocco, Ivory Coast and Kenya in a bid to enforce m-commerce in Africa.

With their new app, JUMIA adds that the selection of 50.000 products will be just a few clicks away and will make online shopping easier and totally flexible.

With internationally known brands and product assortments, the app offers fast and intuitive navigation, simple, flexible and secure online payment and push notifications for exclusive updates on new arrivals and special sales.

 

With over 650,000 mobile phone subscribers across the continent, m-commerce is exploding in Africa – the number of users who access the internet via their phones is growing rapidly and leapfrogging the traditional desktop users in Africa.

According to Jeremy Hodara, co-CEO Africa Internet Holding, “For JUMIA it’s immensely important to also offer a mobile solution to our customers. M-commerce is not just an additional channel, but might be the entry point to gaining many more customers in a market where landlines are not always 100% stable. The smartphone penetration rate in sub Saharan Africa has increased immensely over the last years and will continue do so. JUMIA seizes this enormous opportunity with the best m-commerce solution on the market.”

True to Hodara’s word, statistics gathered by the Nigerian Communication Commission show Nigeria has over 120,000,000 mobile subscribers (78% of population) and over 48,000,000 smart phone users. Kenya has over 29 million mobile subscribers, 69% of population, Ivory Coast (18 million, 75% of population) and Morocco (38.3 million mobile subscribers, 120% – more subscribers than people living in the country).

However, it is not just about smartphone penetration,, Nigeria is said to be among the ten fastest growing economies worldwide, according to The Economist. The World Bank predicts that Sub-Saharan marketplaces will expand by 5.1% in 2014 and by 5.2% in 2015.

Sacha Poignonnec, co-CEO Africa Internet Holding: „In the time of just one year since its inception, JUMIA has excelled at offering its customers a wide collection of high-quality products. JUMIA greatly facilitated online shipping in Africa. We strive to push retail on the whole continent, and the addition of an m-commerce solution is yet another way of making it more convenient for our customers.”

 

South Africa’s mapIT & Norway’s Boost Communications Partner To Digitally Map Africa

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boost communications

Boost Communications, a Norwegian mobile marketing and mobile advertising firm has partnered with S.A’s mapIT, in a move that will see them map the whole of Saharan Africa.

Boost Communications has partnered with brands, publishers and agencies to deliver cutting-edge mobile marketing and advertising solutions prior to the mapIT deal, however the partnership will see Boost Communications using mapIT LBS platform, deCarta to extend its range of location services to mobile applications.

The deCarta technology platform, a widely recognized independent enhancer of location based services, will be incorporated into Boost Communications Madmaker – Boost’s do-it-yourself mobile ad maker, which was introduced in 2012.

With mobile being the most up-close and personal device there is, the messages businesses bring to market through mobile need to be relevant for the target audience. Madmaker™ allows anyone to make truly position oriented and targeted campaigns for mobile.

“We are delighted to be partnering with the continent’s leading digital mapping firm. Combining the advanced technology from the deCarter platform and the targeting advertising capabilities of Madmaker will ensure all clients receive the best of both worlds,” said James Erasmus, South Africa Country Manager at Boost Communications.

‘The deCarta platform gives Boost Communications clients admittance to high quality map data in South Africa and Africa. It also brings the best in breed technology for local search, routing, geocoding and other advanced LBS features that support both feature phones, tablets and all major Smartphone platforms, allowing widest possible allotment for the location services,’ says Byron Moorgas, account manager of mapIT

South Africa’s Health Care IT Market to Grow in Coming Years

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healthcareIT

A new report by ReportsnReports suggests that the South African Healthcare IT market will grow at 8.8 percent by 2016.

“One of the key factors contributing to healthcare IT market growth in South Africa is the increasing need to store patient information and use it to provide appropriate/better healthcare services,” the report said.

“The healthcare IT market in South Africa has been witnessing the increased application of mobile technology. However, the high capital needed to adopt IT systems/technology could pose a challenge to the growth of this market.”

The country has seen many developments that merge mobile technology with health care. Vodafone has come up with programmes that aim to improve the health sectors. From patient management service to tools that help medical practitioners.

Obama’s $7 Billion Power Africa Initiative Boosted By Heirs Holdings $300m Thermal Power Plant Acquisition

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obama1Obama’s $7 billion US-backed Power Africa initiative has received a major boost after the acquisition of $300 million Ughelli power plant in Delta State, Nigeria by Tony Elumelu’s Heirs Holdings owned Transcorp Plc.

Transcorp Ughelli Power Limited (TUPL) announced last week a $225 million payment to Nigeria’s Bureau of Public Enterprise (BPE) representing the 75 per cent balance of the $300 million bid price for the 1000 megawatts capacity plant. Transcorp made an initial deposit of $75m (25 per cent) for the plant in February this year.

Transcorp, which has American company Symbion Power as an equity investor in the project, plans to increase the power generation of the plant from 300MW to over 1070MW over the next five years.

United Bank for Africa Plc (UBA) and the Africa Finance Corporation (AFC) as co-arrangers, and First City Monument Bank Plc (FCMB) and Fidelity Bank as co-financiers provided the debt financing facility for the acquisition of the plant, which is one of the six power generation companies unbundled as part of the privatization of the Power Holding Company of Nigeria (PHCN).

Elumelu, the Chairman of Heirs Holdings and of Transcorp said: ‘It is a major stride forward and has significance for Nigeria, the region and Obama’s administration, as it represents positive progress in the fulfilment of Power Africa.  We are committed to developing Nigeria’s power sector efficiently to meet the increasing demands of our fast-growing economy and improve the living standards of all Nigerians.”

The Power Africa Initiative led by the United States President, Barack Obama is a multi-stakeholder partnership between the US government and six (6) other sub-Saharan African countries, together with the African private sector.   The shared objective of this initiative is accelerating investment in Africa’s power sector over the next five years.

Huawei Unveils ‘S127000’ An Agile Network And Agile Switch

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huawei

Huawei introduces the Huawei S12700, which is an agile network architecture technology and agile switch.

Huawei is the global information and communications technology (ICT) solutions provider. The S12700 has a design developed from a service and user experience perspective and supports higher reliability and larger ethernet frames.

This technology features the key attributes required to support new industry trends including: cloud computing, bring your own device (BYOD), software-defined network (SDN), internet of things (IoT), and big data-related analytics for business use.

In launching the first service and user experience, centred agile network architecture, Huawei has for the first time introduced SDN architecture into campus networks. This has enabled networks to provide more efficient and agile services, and evolve from single-node service processing into full-scale management and control. Huawei S12700 switch forms part of the industry’s most advanced series of agile switches and is expected to lead a new revolution in Ethernet switching technology and network construction. Featuring automatic network deployment and management, the S12700 supports end-to-end (E2E) security collaboration with the flexibility for fast-changing services and full programmability.

The inevitable trends of broadband services, multimedia, mobility and social networking are shifting the focus of networks from technologies and devices to services, users and experiences,” said William Xu, CEO of the Huawei Enterprise Business Group. “Huawei is committed to customer-centric innovation and open collaboration with the industry, and leveraging our 10 years’ experience in enhancing IP network capabilities to best meet the needs of our customers. With the launch of the industry’s first agile network and agile switch that focus on service efficiency and user experience, I am confident that we will change the future of next-generation enterprise networks.”

Some of the challenges that the S12700 is bound to experience in the first changing era of internet usage include, insufficient service processing capability, fault location difficulties, and slow service responses.

“Campus network infrastructure is experiencing a rapid evolution due to the dynamic nature of enterprise mobility and BYOD roll outs, cloud services and applications, real-time multimedia and unified communication applications, as well as the need for a comprehensive approach to security across enterprise IT infrastructure. These innovation trends urge enterprises to enhance their abilities to support business and application needs. Huawei’s next-generation network architecture is aligned with these trends, which, along with its built-in programmable chip, will enable enterprises to meet future network requirements through emerging networking architectures, such as SDN,” said Rohit Mehra, vice-president of Network Infrastructure, IDC.

TawiPay.com launches To Help The Diaspora Save Dramatically On Money Transfer Fees

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Switzerland’s TawiPay, has launched to tackle the excessive fees incurred by migrants sending money overseas, ending the excess fees charged on money transfers by Sub- Saharan African overseas workers of up to 12 percent of the amount sent according to stats from World Bank data.

Even a fair transfer fee of 5%, proposed by independent organizations, would result in an additional US $3 billion inflow of money in the Sub-Saharan African countries. This can be achieved by increasing competition in the transfer services market, and by making the already operating service providers more cost transparent.

François Briod, TawiPay, Co-founder told TechMoran that he teamed up with Seven European entrepreneurs to co-found TawiPay with the objective of closing this unfair cost gap.

According to him, TawiPay is a transparent and easy to use money transfer comparison website, showing users a reliable list of options to send money abroad. TawiPay, is fully independent from existing money transfer services, totally free of charge and has been available to the public since August 20, 2013.

TawiPay aims to decrease remittance fees dramatically and therefore allow more money to arrive abroad. The service is very easy to use and the process consists of just a few simple steps. After inputting the sending and receiving countries, as well as the transfer amount, users can see all established money transfer services, their respective fees and money reception channels on a single page. An emphasis has been made to fully disclose and display all “hidden fees,” so that users can always make an informed decision when choosing the most appropriate service.

Walmart Is Eyeing The African Market

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walmart

The largest retailer of goods in the world, Walmart, has shown interest to enter oil-rich markets such as Nigeria and Angola.

The retailer, which is very similar to South Africa’s Shoprite has shown keen concentration in the African market and has a target of opening up at least 90 stores in Sub-Saharan Africa over the next three years.

The retailer has almost exhausted the North American market and has chosen to set camp in Africa to continue its expansion. This follows Walmart’s $2.4 billion acquisition of MassMart, a major big box retailer in South Africa.

The world’s largest retailer has enjoyed past success entering emerging markets such as China but failed in other markets, such as Germany.

Some of the failed expansions were attributed to misinterpretation of local cultures, for instance, for the German market the retailer used the wrong technique. They enforced policies that cashiers should smile at customers, but customers misinterpreted this as flirting. And when the company placed greeters at the front entrances, a common practice in the U.S., German customers felt harassed; as a result Walmart sold off its German assets at a $billion loss in 2006.

The technique they will be using for the African market is not known, however it will likely be different from the strategy used in the US which is attracting the lowest cost retailer. It is most likely that they will target Africa’s emerging middle and upper classes as it stands a good chance of finding success as it will be one of the first true big box retailers in the region. Walmart has already found similar success with this strategy in China, Mexico, and elsewhere.

The International Monetary Fund predicts that by 2018 the world’s fastest-growing markets and economies will be found in Africa. Past predictions in regards to Africa, however, have fallen short, so many investors remain wary.

Either way, Walmart has the money, capacity, and reputation necessary to invest for the long haul, the report said. If Africa’s economy continues to grow, and Walmart is able to avoid cultural missteps of the past, the company could position itself as one of Africa’s leading retailers in years to come.

MovingOut.co.ke Launches To Revolutionise Kenya’s Property Market

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movingoutMovingOut.co.ke has launched with plans it says will revolutionise the way people buy, sell and rent property in the country.

Karuga Edwin CEO & Founder, Classified African Ventures Limited, the firm behind MovingOut.co.ke told TechMoran, “MovingOut.co.ke aim to change the face of the real estate market by breaking down barriers and facilitating the way property is sold and rented.”

The Karuga says the portal is not timid and afraid of players already in the field but will bring all industry stakeholders together and act as a one stop junction for them all.

“It will act as a comprehensive one-stop shop and aims to be the place to go for all matters concerned with real estate. It will also be a key source in providing information on real estate in general in Kenya,” and added, “MovingOut.co.ke   is  a dedicated real estate site that provides a platform for comprehensive  property search for people looking at buying or renting property in Kenya.”

Just today, TechMoran also reported that Rocket Internet’s property portal Vamido is set to launch in Kenya. Movingout.co.ke will have to be stiff to beat any of this competitors with massive financial muscle and personnel.

We enjoyed their video by the way…

 

 

Different IT Policies For Five Separate States In Nigeria

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nitda

Niger, Enugu and State of Osun as well as Akwa-Ibom and Kano, all states in Nigeria, can boast of its information Technology (IT) as each state is implementing its own policy, of course depending on their level of technology.

Dr. Ashiru Sani Daura, the acting director-general of the National Information Technology Development Agency (NITDA), revealed this at the just concluded second meeting of the National Council on Communication Technology (NCCT) in Akure.

He said that he was looking forward to working with the other states across the country to develop their respective IT policies, and was looking at the possibility of having done some great deal by the end of tis year.

Dr. Daura added that is was encouraging that NITDA made effort to include the development of IT policies in the states and worked with the current budget and added that Rivers State was in preparation for joining the league of States with IT policies before the third NCCT.

The Director- General also said that his expectation was that in less than two years NITDA along side that collaboration of the states government will finish the development of IT policies across the nation.

“We are collaborating with them to develop the IT policies. Now, we have put in our budget to have more states to collaborate with. And even if you can recall, Rivers announced at the Council section, they will like to be among the next set. They requested that and if we can, We will like to have more states and this will be over, may be in the next two years or few years, so that this will be over,” he declared.

Adding that already, Akwa-Ibom and Kano have their policies in place and there are others like that in some parts of the country.

The Federal Minister of Communication Technology, Mrs. Omobola Johnson has commended the Ondo State government for what she described as the most progressive state leveraging Information Communication Technology (ICT) to deliver socio-economic benefits to citizenry.

Rocket Internet To Launch Real Estate Portal Vamido In Kenya

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vamidoRocket Internet is in final moves to launch a real estate classified portal dubbed Vamido in Kenya, months after setting it up in Nigeria.

According to Rocket Internet, Vamido will enable “realtors, landlords and sellers to reach the widest audience while making it easier for home buyers and renters to search for homes, apartments, commercial properties, and land using their criteria and gives them access to most complete and thorough listings.”

Vamido Kenya launches at a time when the property market is so ripe, and other online players have educated masses on online property search. Portals like BuyRent Kenya, Anza.co.ke among others, have been on ground serving thousands hunting homes in Kenya.

Rocket Internet will definitely run Vamido Kenya just as its Nigerian counterpart with listings of professionally photographed images. The listings will have verified to avoid any fraudulent postings.

TechMoran will bring you an exclusive interview with  Aneesa Arshad, the founder and CEO Vamido Kenya soon.

Kenyans Transacted $17 Billion via Mobile Money in 2012-CBK Report

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Image: nation.co.ke
Image: nation.co.ke

Central Bank of Kenya(CBK) has released a report that shows Kenyans transacted Kshs1.5 trillion ($17.33 Billion)via mobile money in 2012, representing a 31.5 percent growth in value.

In the report dubbed “Kenya Financial Sector Stability Report 2012”, CBK states that this money was transacted in 575 million mobile money transfer messages, representing a 32.8 percent growth in the message volumes in 2012.

The average value per transaction declined from Kshs2,700 in 2011 to Kshs2,672 in 2012. “This reflects increased small value transactions probably, to support more people faced with economic difficulties in 2012,” the CBK report said, “It also reflects more financial inclusion by poor people.”

The number of mobile money users increased to 21.1 million users from the previous 19.2 million users in 2011, representing a 9.9 percent growth. The agents across all the networks also increased to 76,912 from the previous 50,471, representing a 52.4 percent growth.

Safaricom’s M-Pesa service still remained the most widely used, with over 16 million users on the platform.

More Kenyans are taking up card payments, with the usage level in 2012 growing strongly in terms of Automated Tellet Machines (ATM) cards, Credit and Debit Cards, and Point of Sale (POS) terminals.

“The number of transactions and equivalent value increased from 122.4 million transactions worth Kshs 577.9 billion in2011 to 224.6 million transactions worth Kshs 1 Trillion in 2012,” added the report.

It will however be interesting to see how this growth will be like in 2013, considering most network operators increased their transactional fees earlier this year, due to the tax imposed on mobile money transfer by the government.

South Africa’s first solar tower unveiled

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Abengoa

Renewable energy firm, Abengoa has unveiled South Africa’s first solar tower in the first phase of the project known as Khi Solar One.

Khi Solar One, a 50 megawatt (MW) superheated steam solar tower with two hours of thermal storage, represents an important technological advance in tower efficiency by using higher temperatures and an innovative dry cooling system. This advancement is the result of the R&D work done by Abengoa in its research centers and pilot plants, the company denoted.

The unveiling was attended by South African government delegation and project partners, Industrial Development Corporation (IDC) and the Khi Community Trust.

Khi Solar One and KaXu Solar One, Abengoa’s 100 MW parabolic trough plant also under construction in the Northern Cape, will be the first concentrating solar power plants in operation in South Africa.

The department of energy intends to have 17,800 MW of power from renewable sources by 2030. This strategy has benefits such as having long term energy dependence and also creating numerous jobs.

The strategy hopes to create 1400 jobs per year and having 70 permanent operation jobs.

Abengoa designs, constructs and operates its own plants, and is one of the few companies that use both parabolic trough and tower technology. It currently has 21 plants in operation with a total installed capacity of 843 MW, as well as 810 MW under construction worldwide

Google Wants You To Share Internet Success Stories Around Africa for US$25,000

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Africaconnect

The competition dubbed, AfricaConnected aims to recognize businesses and individuals in Africa who have had success using the internet.

Google backed competition will accept video submissions from the 20 finalist and will award 5 finalists US$25,000 for their inspiring stories.

The competition is looking for the following categories of winners: originality of concept; level of social/economic impact; relevance to country/region; use of Google products; potential to scale.

Although the giant search engine company says that it is not primarily promoting its Google products, one of the requirements for the participants to get in is to have a Google+ account, underlying a promotional sense to the competition.

“Looking across the web in Africa, we’re already seeing awe-inspiring success stories like those of Just A Band , a music & arts collective from Kenya , or Chike, a businessman and his family from Nigeria, who are the creators of the popular Afrinolly mobile app, which already has over 3 million downloads,” Affiong O, Country Marketing Manager, Google Nigeria announced.

The competition opened today, August 27th and will run until October 31st. The winners in each category will be announced in March 2014.

VAT will not affect mobile phones penetration, says KRA

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A collection of old Nokia mobile phonesThe Kenya Revenue Authority (KRA) has stated that VAT charge on handset devices will not hamper mobile growth in the country, saying that developments in the sector have been fueled by rapid drop in airtime costs across all networks rather than cheap handsets.

This was said by KRA commissioner general John Njiraini while speaking at the Africa Tax Administration Forum in Nairobi Kenya.

“Lately for example, players in the mobile telephony sector have challenged the new VAT law claiming that imposition of VAT on mobile telephones will erode Kenya’s rapid gains in mobile phone penetration,’ said Njiraini, “Where is the evidence that penetration was driven by tax regime? In any case, in the mobile business, the purchase of airtime may over time cost many times more than the initial purchase of equipment.”

Njiraini said that the communication sector has still recorded tremendous growth, despite the fact that mobile airtime is charged 16 percent VAT and 10 percent excise tax.

“My hunch is that Kenya’s rapid growth in the mobile sector is more related to the drastic fall in airtime costs which over the last 10 years fell by over 90 per cent due to competitive pressure,” he added.

The commissioner urged governments to use informed research to make decisions, to prevent them against falling into external pressure from industry players.

Last week, ICT players led by Nokia vice president for corporate relations in India, Middle East and Africa Jussi Hinkkanen said that the country’s mobile penetration is at 30 percent, urging the government to consider this before making a final decision on the VAT Bill 2013.

More African Countries Enjoy YouTube As Google Broadens YouTube partner programme

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Ghana, Nigeria, Senegal and Uganda have a new partner in there internet circles as Google Afrca has expanded the YouTube partner programme.

This comes after the introduction of YouTube domains in those countries. Google says in its Africa blog that it had been ‘amazed by the quality and creativity’ of content producers in those countries.

It now offers the YouTube partner programme, which enables content producers to make money from their videos by allowing ads to run alongside individual videos, thereby generating revenue. To earn money and receive payments from these advertisements, content producers must associate an AdSense account with their YouTube account.

West Africa Now Has Nokia Don’t Break Da Beat Competition

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Nokia Ghana has initiated the “Don’t Break Da Beat” competition aimed at discovering the best rapper in West Africa’s two biggest entertainment centres, Ghana and Nigeria.

David Anku, the Retail and Customer Marketing Manager for Nokia Ghana, said the competition will be used as a way to unearth and discover more rap talents to boost the entertainment industry in both Ghana and Nigeria.

The contest known as ‘DBDB’ i.e. ‘Don’t Break Da Beat’ which is open to rappers in Ghana and Nigeria is a winner-takes-all affair. The winner gets $20,000 and a coaching session in Atlanta in the US, with a recognized US producer.

Participants, according to the Marketing Manager for Nokia Ghana, will send their rap lines via an entry form via the DBDB tab on the Nokia Ghana Facebook page.

He also noted that so as to test participants’ ability to improvise, the rap lines have to include WhatsApp, Dual SIM and Wi-Fi, which are three key features of NOKIA’s ASHA 210 Dual SIM QWERTY phone, a trendy, inexpensive social networking friendly smartphone purposely built for the youth market.

In the next three months, judges working within Ghana and Nigeria will shorten the entries down to 100 contestants. This final select squad of 100 will subsequently send in audio messages of their best lines.

Depending on the judging, this list will be further reduced after two more rounds to four contestants for the grand finale in Lagos, Nigeria. The mode of judging will include voting by the general public. In addition to the voting, the public will be able to keep the ‘Never ending beat’ alive from the 1st of October to the Grand Finale on the 23rd of November by creating their own beats.

Amazon To Launch Online Video Streaming Service In Russia

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amazonAmazon is set to launch an online video service in Russia after reports August 20 that it had applied to register the “Amazon Instant Video” patent in the country.

Live in the US and Canada and not in Europe, the Amazon Instant Video service allows video lovers to buy and stream movies and TV shows online to watch them on their desktop PC’s, tablets, or just any device.

Amazon Instant Video has a huge collection newest movie releases,  TV shows, and classic films and users can subscribe to current TV seasons, with new episodes available the day after they air. The firm offers instant streaming on Kindle Fire HD, as well iPad, PS3, Xbox, Wii, Wii U, Roku, on hundreds of TVs, set-top boxes, Blu-ray players, and on the Web. Plus, one’s videos are stored in ‘Your Video Library, so they can access them anywhere the go.

According to East West Digital News, Amazon earlier this year also filed an application to ”register a Russian trademark for product storage, packaging, further transportation, and delivery,  and also  opened a representative office in Russia in April.

Telefonica Increases E-Plus Purchase Offer To EUR8.55 Billion

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The fifth largest mobile network provider in the world, Telefonica, has raised its offer to buy Germany’s E-Plus from its Dutch owner, KPN,(the largest shareholder in E-Plus)who are supporting the sale.

Apart from receiving the EUR5 billion in cash, KPN will also keep an increased stake of 20.5 percent in the merged O2/E-Plus network. The company had been due to be left with 17.6 percent of the merged network.

In addition, KPN provides a call option to Telefónica to attain that higher 2.9 percent stake in Telefónica Deutschland from KPN which is only doable one year after the transaction if complete. This is according to the new terms of the deal.

On the basis of these improved terms the total implied transaction valuation for E-Plus is now EUR 8.55 billion, as compared to EUR8.1 billion under the previous terms.

KPN said that it will use the majority of the EUR 5 billion cash proceeds to increase its financial flexibility and support the execution of its strategy in The Netherlands and Belgium. KPN also intends to recommence dividend payment to shareholders for 2014.

América Móvil, as main shareholder of KPN with a stake of 29.77 percent, has agreed to vote in favour of the new offer. América Móvil is still carrying out its own separate offer to buy KPN.

Shareholders are due to vote on the deal on the 2nd October.

Chinese Xiaomi Overhauls Blackberry In Valuation

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Upcoming Chinese Smartphone manufacturer, Xiaomi declares that it  has held even more investments which has added its value to about $10 billion , a figure that is higher than the suffering BlackBerry’s market capitalization.

Lei Jun, CEO Xiaomi confirmed the fresh round of investment funding via a short note on his Weibo micro-blogging account.

He, however, did not reveal the names of the investors who injected the amount of capital in the company.

The last time the company was known to have money raised from investors was in June last year, which they were able to raise $216 million, and valued the company at $4 billion.

Aiming to make a sale of 15 million handsets this year, the speedily growing company is now the fifth largest Smartphone vendor in China, ahead of Apple.

The company only started selling Smartphones in the mid 2011, and has recently secured its first handset sales agreement with China Mobile.

Dropped Calls Cost Nigeria $126 Million In 2012

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Image: telegraph.co.uk

A report published by the Economic Intelligence Unit in the United States has revealed that Nigeria lost $126 million (N20billion) in dropped calls, due to poor communication infrastructure in the West African country.

This revelation did not go down well with industry stakeholders in the country, with Director General of the National Air Space and Research Development Agency, NASRDA, Prof Seidu Mohammed, coming out to state that these loses could have been avoided by using modern communication satellites.

Prof Mohammed was speaking at a commemoration lecture to mark the launch of the first communication satellite, Syncom2 in July 26, 1963, and later the first conversation via satellite between  the First Nigerian Prime Minister, Alhaji Tafawa Balewa and American President, John Kennedy in August 23 1963.

“The Friday August 23, 1963 conversation between the two eminent leaders was more than a call. It was indeed the first two way call across the Atlantic between Heads of state via Satellite in the global history,” Prof Mohammed said.

He said that it was unfortunate that the country could lose such an insurmountable amount in dropped calls, yet “revenue for services from communications satellite in 2011 alone was $90 billion comprising of satellite TV, Satellite radio and broadband.”

For this reason, Nigeria Space Programme has embarked on ensuring that it employs use of modern satellite communication to carter for the needs of the raising West African population, currently estimated to stand at 392 million people.

It is reported that there are over 1,100 satellites providing civilian communications and another 792 supporting military communications around the globe, with the number expected to grow over time.

Mobile Security Management Market Will Reach A Billion Dollars By 2015

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Mobile security market has become strong, growing sub-market of Enterprise Mobility Management (EMM).

As Mobile Device Management (MDM), apart from evolving around application and content management, but the core driver for this evolution is the demand for greater security around corporate assets, wherever they may reside and regardless of format.

Concerns for data leak prevention; access control, compliance reporting, and monitoring are pushing EMM providers to increasingly provide more security-based mobility features to their existing solutions.

“While MDM will continue to provide the largest share of revenues, growth rates from other sectors, and, in particular, security and content management will increasingly account for a much larger portion of the market,” says Michela Menting, ABI Research’s senior analyst in cyber security.

The demand for security is enabling vendors to differentiate their offerings and stand out from the competition. But the window for MSM is short; security will become a basic requirement for all EMM solutions and successful differentiation will demand a long-term sustainable strategy. This could be through mergers and strategic acquisitions, or investment into other EMM submarkets, such as mobile network and identity management.

ABI Research estimates the current MSM market to total $560 million by the end of 2013 globally.

 

Digital Migration In Nigeria Could Earn The Country $2 Billion, Says Expert

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digitaltvMigration to from analogue to digital broadcasting could earn Nigeria close to $2 billion from the sale of frequency in the spectrum which will have been freed up as a result of the transition.

This was said by Mr. Edward Amana, The Chairman, Fatora Consult Limited, while speaking at the the third anniversary of NTA/Startimes TV joint venture in Nigeria.

“The digital dividend (the spectrum gain after the transition) can be used for mobile broadband. This will enable broadband penetration into the rural areas, with its attendant benefits,” said Amana, “If properly managed, the sale of this leftover spectrum by auction should yield over $2 billion, over N308 billion.”

Amana also added that the migration will lead to creation of more channels of diverse programming, giving the viewer more choice, possibility of multi-lingual delivery of programmes and better quality pictures and sound, in the process indirectly creating thousands of job opportunities for the youth.

Nigeria has set January 1, 2015 as its internal migration deadline, only six months ahead of the International Telecommunications Union’s (ITU) deadline of June 17, 2015.

According to The acting Director-General of the Nigerian Television Authority (NTA), Musa Maiyaki, the country has already digitalized 32 states, and expects to have completed the process by June 2014.

Nigeria’s Jobberman Celebrates 4 Years Of Getting People Employed | Launches 30% Off Promo As Thank You

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jobbermanNigeria’s leading job portal, Jobberman turned four August 16 and launched a 30% off promo on CV or Cover letter services for all job seekers who use their services.

Founded in Nigeria August 16 2009 at the Obafemi Awolowo University, Nigeria, by Opeyemi Awoyemi, Ayodeji Adewunmi and Olalekan Olude Jobberman.com has become the county’s leading job portal with an audience of over 500,000 and over 10,000 corporate clients.

According to a blog post by the team, ” Four years ago, we co-founded Jobberman while in University with the mission of cataloguing all the jobs in Nigeria in one place, whether online or offline. Today, hundreds of thousands of jobseekers around West Africa are turning to Jobberman to find their dream jobs. We are continually inspired by the stories of jobseekers who got placed and employers who sourced the right talents from our platform.”

teamjobbermanJobberman is not a one man show, the firm said it knows none of these would be possible “without all of our colleagues here, past and present, who’ve poured their passion and talents into building this company. We say a big thank you!”

The portal aims to remain the top destination for jobseekers in West Africa.

Baidu Goes After Alibaba | Buys 59% Of ‘Chinese Groupon’ Nuomi For $160 Million

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BAIDU LOGOChina’s search giant Baidu has said it will buy 59 percent of Nuomi, a top group buying site in China for $160 million, a move that analysts say will bolster the search giant’s Internet business.According to Baidu, Nuomi would “complement” and help it drive growth in the  mobile mapping and location-based services with its over 3.8 million active paying users, 30 percent  of them from mobile devices. Baidu’s shift to mobile is partly because of China’s big smartphone population as the world’s largest market for smartphones.

Recently, Baidu spend $1.9 billion on 91 Wireless Websoft, to help Baidu distribute more third party apps to mobile devices. It also bought iQiyi, an online video firm for $370 million.

Baidu is also taking shots at its Chinese competitor Alibaba Group, which runs the country’s largest group buying site Juhuasuan, with 33.6 percent market share.  Nuomi had a 5.9 share of China’s group buying market in Q1, and ranks fifth. Alibaba, being China’s e-commerce leaders remain big competition for Baidu. The strategy acquisitions will help the firm rake in more talent and revenue to compete with others in the mobile Internet market.

Read more analysis here.

Liquid Telecom Launched New Data Service in Zimbabwe

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Liquid Telecom has introduced a new technology that will help in transmission of technology called Dense Wavelength Division Mutliplexing (DWDM).

According to the company this new technology will enhance internet connectivity as it can carry multiple 10Gbits/s wavelengths and can scale to support many more.

“The high-speed technology goes across the borders into South Africa through Johannesburg to link two Data Centres (Teraco and Neotel). These two data centres are in turn linked to five undersea cables, namely SEACOM, WACS, EASSY, SAT 3 and TEAMS,” he said.

Mr Makamure said this development comes at a time when bandwidth requirements are increasing for both business and homes. “Liquid Telecom has prepared itself to handle huge increases in bandwidth demand for the business and enterprise market as well for the home market,” he added.

Liquid managing director Mr Wellington Makamure said the latest technology will provide both Zimbabwe and Zambia market high capacity access to undersea cables that link Southern Africa to the rest of the world.

Source: The Herald

Cell C Plans Network Expansion in South Africa

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In a bid to improve network coverage and quality services, the mobile company, Cell C says it plans to put up 100 new sites around Johannesburg over the next 3 months.

“Traffic on our network has doubled over the past year and we’ve been hard at work rolling out new sites and installing additional capacity to cater for this growth and restore quality,” said Alan Knott-Craig, Cell C CEO.

“In particular, the network in Johannesburg and Pretoria has been taking strain. In addition to the new sites, we have also embarked on a project to optimise close to 900 existing sites in Johannesburg and Pretoria to improve coverage and minimise interference on the network in high-density areas. We expect these activities to be completed by the end of November 2013.”

This would bring the company’s total sites to 4340. The company also plans to put up 70 indoor coverage sites to a tune of ZAR200 million.