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CEO Weekends: Zimbabwe’s Clinton Mutambo On How Esaja.com Will Link Businesses To Opportunities In Africa

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Clinton Mutambo, Esaja Founder
Clinton Mutambo, Esaja Founder

Esaja.com is a business to business marketplace that connects traders across the continent to one another. Esaja stands for: Empowering Solutions And Joint Action.

According to Clinton Mutambo, the founder, “Esaja enables SMEs and large enterprises to showcase themselves to latent markets across the continent’s various states.”

Esaja.com went into live beta on Africa Day this year (25 May). Before the launch Mutambo had taken part in the Apps For Africa 2012 Business Challenge and Esaja emerged a finalist.

TechMoran caught up with him and this is what he wants to do.

What problem do you solve?

African development is something that is extremely close to our hearts. As young Africans, we are fueled by the belief that for economic development, reduced unemployment & poverty eradication to occur, our continent’s fragmented states simply have to integrate. SMEs and large enterprises across Africa cannot compete effectively with international peers that serve bigger markets.

Thankfully the amount of political will in this regard has been encouraging, African leaders began exploring this area right at the onset of the formation of the Organisation of African Unity and have carried on doing so.

However tough it has been delivering on the premise, there is a clear roadmap and wholesale commitment to the vision of an integrated continent. We are entrepreneurial foot soldiers of this collaborative effort as we leverage on the power of technology to catalyse the movement.

How do you make money?
We make money from advertising and value added services.Esaja logo_vertical_Small

How different are you from the competition?

We are Afro Optimists. Most of our competitors are foreigners that are in it for purely financial and very short term reasons. We on the other hand are a commercial business with a vested commitment to Africa’s development.

This is our home and we’re here through the good and the bad. We are on the ground and in sync with the realities of Africa, choosing who we work with very carefully.

From Mbare Musika in Harare, Alaba market in Lagos, or the Jua Kali in Nairobi; ours is a commitment to make a real difference to the lives of Africans. Not statistics or hype, but real people. Approximately 60% of the continent lies below the age of 35, we are of this statistic and take nothing for granted, including the availability of electricity that made this interview possible…

How many businesses are you serving?
Not enough! We are working to connect every credible African enterprise to growth opportunities, including yours 😉

What are your future plans?
Our chief goal in the short term is to optimize our platform and address the needs of our users. We will be deploying a set of fresh features in due course and will update you accordingly.

Where are you based?

We’re based in Harare, the capital city of Zimbabwe. An interesting annotation about this is that Zimbabwe was once the second most diversified economy in Sub Saharan Africa. For a significant part of the first decade within the 21st century, we lived through record breaking inflation and have essentially experienced 3 of the 4 economic sub sets that Mckinsey & Co classify African economies into. The only one we are not familiar with is the oil based economy, purely because there’s no oil in Zimbabwe…

What else have you done that is successful?
I’ve founded and run an experiential marketing agency that worked with local and regional brands that were active in the Zimbabwean market. Through this I was the youngest member of the Zimbabwe Deputy Prime Minister’s national branding committee and also appointed to the national Sports, Tourism, Image and Communications Taskforce. My agency subsequently did activation work for a regional sports tournament, publicity and sponsorship work for a formula racer, and a series of events. It was all a great experience but technology has always been at my core. The attraction of making a bigger impact through the reach & unadulterated meritocracy of the internet resulted in me blogging for one of the continent’s leading technology blogs. At that same time l cofounded Jumpstart Zimbabwe and was part of making Zimbabwe’s first grassroots technology events possible, this includes BarCamp and the Jumpstart Challenge.

CEO Weekends:Rocket Internet’s JUMIA.com.ng Brings E-commerce Conference To Nigeria With Mrs. Omobola Johnson, Minister for Communications Technology

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jumia nigeria staffFounded in 2012, JUMIA has grown to be the 4th most visited website in Nigeria with over 500 employees.  Jumia which celebrated its first anniversary days ago today announced 1st anniversary conference on growing e-commerce and its contribution to the nation’s economy – attended by federal ministers, CEO’s, suppliers, customers, media, and various fashion and lifestyle celebrities.

The event will be held on Friday, July 12th 2013 in Lagos, Nigeria at Lagos Oriental Hotel, starting at 3pm with a welcome address by Tunde Kehinde and Raphael Afaedor, Co-Managing Directors of JUMIA, Nigeria’s leading online store. After the conference, JUMIA is celebrating its 1st year of business by treating delegates to a fashion cocktail gala, where fashion from Jumia.com will be on display. The conference is sponsored by GT Bank, Zenith Bank, DHL, Interswitch, Intel, PAGA and First City Monument Bank.

The keynote »E-Commerce and Information Communications Technology – An Engine for Job Creation and Economic Growth« will be hold by Mrs. Omobola Johnson, Hon. Minister for Communications Technology of the Federal Ministry of Nigeria.

Recently, JUMIA was highlighted at the 2013 Harvard Business School Africa Business Conference by the Honorable Minister of Finance Mrs. Ngozi Okonjo-Iweala, as one of the pioneers of economic growth in Nigeria.

Tunde Kehinde, Co-Managing Director JUMIA Nigeria said he was proud of the change that JUMIA and its innovative e-commerce model have brought to the region.

“Now, we want to share our knowledge and bring all those who will shape Nigeria in the future to one table, to discuss the possibilities and options e-commerce holds for Nigeria,” said Kehinde. “We know that e-commerce will grow globally, and we believe that Africa will play a crucial role in this growth.”

Other Keynote speakers and panel participants will include CEO of Pagatech, Nigeria’s leading mobile payments platform, Tayo Oviosu. Head of eBanking at Zenith Bank – Juliet Nwanguma, Chief Payment and Value Added Services Officer, Mrs. Titilola Shogaolu. MD of DHL Nigeria – Randy Buday and Head of eBusiness at GTBank – Simi Osinuga.

 

 

CEO Weekends: Nigeria’s Knack International Founders Eyiolawi Peter & Mark Afolabi | Building Tablets & Laptops For Africa

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Eyiolawi GbengaNigeria’s Knack International Limited, a new computer and ICT products start-up last week unveiled  a 13.3” ultra slim, light weight (4GB RAM,500GB HDD) laptop, a 7.0” Tablet PC (Sim port, 3G, Wi-Fi, dual camera) tablet and a 7.85” Tablet PC (Wi-Fi only version) tablet for the African market at the National Centre for Technology Management NACETEM, Obafemi Awolowo University, Ile-Ife, Osun State Nigeria.

The start-up said its focus is on middle and low income earners around the world.
According to the founders, “Our focus is to provide quality yet affordable Tablets and Laptops and accessories, and position ourselves as the top brand servicing this particular market.”
Apart from hardware design and developent, the firm also does ICT consultancy, business, product development, manufacturing and brand ownership.

” There is a need to launch a locally manufactured PC with quality look, packaging and price,” they said.” Our products are unique in the qualities they bring to the market.
We hope to work with Local content developer to bring out our own culture and continent identity.”

The start-ip is run by EYIOLAWI GBENGA PETER, 25,as CEO  from Obafemi  Awolowo University in Ile-Ife, Osun state.

Eyiolawi  says he is a serial entrepreneur, business developer ,social entrepreneur and also a techpreneur with about 7 years’ experience as an
entrepreneur since his first year at University.

20 year old Afolabi Mark, CTO Knack International
20 year old Afolabi Mark, CTO Knack International

MARK AFOLABI is the start-ups CTO at just 20, he is a serial entrepreneur, an exemplary leader, learner and a student.  Tech savvy and enthusiast he believes in applying
technology as a solution to people’s daily living, a member Google
technology user group (Federal University of Technology Akure).

TechMoran caught up with them and this is what they told us.

Why we founded the company?
We founded the company to solve some of the present problems Nigerians
face in the ICT industry. From our analysis and survey, we discovered that
most Nigerians have problem with the following issues:

•    Irregular size of their laptops: most people have either a 10.1” or
15.6” laptops and they both complain about the size being too small and
too big respectively.
We aim to solve this problem by giving them a size that can answer both
categories of users by releasing a 13.3” size.
•    Weight issues: Most people still have issues with laptops being heavy
and not easy to carry about. That prompted us to provide a laptop with a
weight of roughly half of the regular laptops.
•    Affordability: Another issue that limits the people from having a laptop
is the pricing which prevents an average Nigerian from owning a laptop.
This we believe is the same in most African countries hence our decision
to produce a high quality yet affordable line of products. Our products
are between 20-50% cheaper than the market price.
•    Design: our products (both the laptops and tablets) have unique sleek
designs that make the user comfortable to carry them around without it
affecting other things they carry. In short, we provide them flat devices
and yet very beautiful.
•    Functionality and connectivity: we designed our tablets not just for
fashion because of their sleekness but for proper connectivity as we have
noticed that is the issue most tablet users face. From purchase, our
customers get access to mobile data for better connectivity for up to 6
months without an additional cost to the product and they can continue
using their products afterwards without any hitch.

•   Connectivity: That is why we give a free knack universal modem to all our customers
who buy laptops for better connectivity.
•    After sales service: we are closer to our people and we have brought
this to them, there are service centers around that our customers can get
spare parts from or even use their warranty.
•    Local content: we have signed Memorandum of Understanding with various
software developers to have local contents on the tablets and laptops some
of which have been completed already. These are applications that will be
useful and meaningful to our users as it relates directly with their
environment.

Where do you manufacture your products from?
Like most reputable ICT and other electronics company, we manufacture our
products from China for now due to production costs and infrastructures
but we are planning to have an assembling plant here in Nigeria very soon.

How much have you invested in the company?
About $30,000.

Do you have any external funding?

NO

How many products have you released till date?
We released three lines of products which are:
(a)13.3” ultra slim, light weight laptop(4GB RAM,500GB HDD)
(b) 7.0” Tablet PC (Sim port, 3G, Wi-Fi, dual camera)
(c) 7.85” Tablet PC (Wi-Fi only version)

What to expect soon from us?
More local content inclined Innovative and affordable products meeting the
needs of the masses.

Why tablets, laptops and not desktops?
We have entered an era where personalization is the other of the day, we
want to help our consumers get smarter, and our product solution provides
daily users of information a highly improved delivery mechanism. For now
our focus is on the Tablets and Laptops

Are you spreading to other countries?

Yes, we are. In fact, we plan to be in at least 3 African countries by the
end of our first year of operation.

How are you different?
It has already been stated above with the “why we founded the company”
But we also aim to empower everybody who buys our laptops and tablets by
giving them some professional and entrepreneurship trainings for them to
be able to start up their business. And these training will be done
without any additional fees to be paid by our customers.

Disappointing: Weak Profits for Samsung

samsung

Samsung Electronics has given out its profits prediction that is weaker than what the market analyst had expected, even taking into account recent warnings of slowing sales and tighter margins.

The prediction estimated that in, samsung’s second-quarter functional profit will come in at US$8.3 billion, although analysts had expected a figure closer to US$13 billion.

The company’s shares continued to drop, slipping to 3% on the profits prediction on top of a 15% fall over the past month.

The biggest worry for Samsung is their momentum in the smartphone market is now at its peak, what the company should do is to hold onto its existing market share without cutting margins, or allowing a competitor to gain base.

The rumor that Apple is planning to expand its range of products to directly target Samsung have not helped, and the rise of low-cost Chinese vendors only adds to the pressure.

However, other analysts think the concern is exaggerated and that competitors would struggle to compete against Samsung’s global reach and huge marketing budgets.

Samsung intends to publish its final results later this month.

 

DRC gets assistance from Airtel Money

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airtel

The Government of the Democratic Republic of Congo has accepted Airtel’s mobile money to make large-scale salary payments.

About 66,000 civil servants in the DRC received their salary of May this year through Airtel Money.

With the support from the DRC central Government and in partnership with the Congolese Association of Banks and local banks, more than 1,100 policemen received their salaries via Airtel Money in December 2012.

DRC remains one of the countries with inadequate banking facilities in Africa, but swift spread in mobile money sector has enabled the government to influence mobile money to increase financial inclusion for the underprivileged.

Mobile money G2P payments have the possibility to bring banking services to beneficiaries by ensuring that payments land in accounts which permit recipients to save and make dealings.

Airtel has been at the forefront of technological innovations. When it launched the Airtel Money services in DRC in March 2012, the telecommunications company introduced the concept of mobile banking in the Central African country. The mobile Money platform has been widely adopted by customers for the purchase of airtime, Person-2-Person cash transfers and utility bill Payments.

 

Kenyan Parents against Laptop Project for their Children

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laptops

President Uhuru Kenyatta’s government has received negative reaction from the Kenyan parents in regards to the laptop project that his Jubilee government had promised during the campaign.

Musau Ndunda, chairman of the Kenya National Association of Parents said that the group thinks the money for laptops should instead go toward raising teachers’ salaries and feeding children.

The president had proposed to give laptops to 1.2 million children who start school every year as part of a wider plan to make the East African country an Internet hub. The program, which will cost the government $615 million in three years, is set to start later this year.

The country has a shortfall of 40,000 teachers while the 200,000 teachers across public schools in Kenya are currently striking over unpaid housing, transport and medical allowances promised 16 years ago.

Ndunda said Kenya also needs 42,000 classrooms. He said the money used for the laptops needs to be used to increase the number of children in the country’s school feeding program, meant to help children from poor backgrounds to stay in school and improve their health and nutrition.

Currently teachers do not have the capacity to implement the laptop project because they have not been trained and the government has not developed a curriculum for the project added Ndunda.

He said there are uncertainties that the laptops would be lost or stolen, mentioning the recent scandal in which 70 million textbooks in a free primary-school education program went missing.

Louis Otieno of Microsoft Africa Initiatives said in a statement that through the Partners in Learning Schools program in last five years, Microsoft had trained 32,600 teachers. The impact, he added, was being felt by more than 1.8 million children.

Louis alleged that the government has not reached a final agreement with Microsoft, which will implement the project.

 

A Sneak-Pick of New Nokia Flagship Smartphone

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lumix

Nokia’s upcoming flagship Smartphone has been leaked, the photo shows the phone which Nokia is apparently working on the AT&T network.

The leaked image, sourced by @evleaks is a marketing image, which is highlighting the Nokia Lumia 1020. This handset is expected to come with Nokia’s radical 41 megapixel Pureview camera.

Nokia has already announced a press conference that is will take place on 11th July, and said there are “41 million” reasons to attend.

 

Will Huawei Overtake Ericsson in R&D Investment?

r&d

Li Yingtao, the head of Huawei’s R&D has said that Huawei is in the plan to increase its investment on R&D and could outspend Swedish Ericsson, which is the world’s largest telecom equipment seller, this year.

He added that:”That ability depends mostly on innovation capacity. That’s why we will continue to increase our investments.”

Ericsson last week reported a drop in sales to US$15.25 billion during the first half of 2012, less than Huawei’s sales over the same period.

Huawei approximates 15 percent growth and improved operational efficiency for this year, and expects its 2012 profitability to match last year’s numbers.

The company spent US$4.9 billion in 2012 on research and development, but it is looking to increase that in order to convince customers that it isn’t just a vendor that competes on price, but also on quality.

“We are relatively optimistic about the company’s operating performance and profitability in the remaining days of this year,” said Huawei’s CFO Meng Wanzhou.

As mentioned earlier, both companies, Huawei and Ericsson have spent similar amounts in cash terms last year on research; around US$4.9 billion. However, a percentage of Huawei’s spending would have gone on handsets, which Ericsson no longer spends money on.

In terms of a percentage of revenues, Ericsson spent 14.4% of its revenues on research, compared to 13.7% by Huawei.

Nigeria’s Public Secondary Schools receive 120,000 PC’s from USPF

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pc

Public secondary schools in Nigeria have a new reason to enjoy school as Nigeria’s Universal Service Provision Fund (USPF) has distributed about 120,000 personal computers to 1200 schools across the country to date.

Abdullahi Maikano, the USPF Executive Secretary, revealed this information last week when the House Committee on Communications visited one of the USPF School Access projects in Jabi, Abuja.

He said that Jabi Government Secondary school is one of the 1200 schools that have benefited from the plan. The school received 100 PCs and internet facilities to aid the students in the learning processes.

This program leaves the Nigerian students at a vantage position to compete with peers globally.

According to the executive secretary, USPF had from the beginning in 2007 covered about 1200 schools scattered all over the country. Their intention is to reach out to all secondary school in Nigeria.

“It is our hope that every child in Nigeria will have access to computer and internet service to simplify learning and also preparing them for future challenges.” Said the Chairman, House Committee on Communications, Hon. Oyetunde Ojo

On his part, the Chairman expressed his satisfaction with USPF, he said that the project has rubbed off on the lives of the students to become better leaders of tomorrow.

 

Uganda’s Civil Service Embrace E-Gorvernment

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e-gov

Ugandans will now experience better government services as their government has taken up an e-governance infrastructure.

This program has been commissioned by the National Information Technology Authority (NITA). The system is aimed at guiding government ministries, departments and agencies while implementing projects.

The Information Technology project management methodology lists out the governance structures which the executing bodies should have in place before enterprising any project.

Ugandan ministries are required to defend why such projects should be applied, the expected outcomes, the project’s development processes and compile project reports to simplify decisions making.

The executive director of NITA-U, Mr. James Saaka, said that the authority had come up with this system focusing on government research and analyses from unsuccessful information technology projects which were now termed as “white elephants” where lots of money has been injected.

Mr. Saaka added that when implemented, the methodology would impose the formation and application of structured processes, procedures and practices which will ensure consistency in design, execution and governance of projects in ministries, departments and agencies.

He believed that the system, among others,  will also reduce the duplication of services among government institutions because it will develop a centralized data base which the institutions will want to use from time to time therefore minimizing wastage of resources.

“Look at banks, the National Social Security Fund, Immigrations passport control, the recent Sim Card registration, national ID project, the national census… All these need to identify the citizens but how can they do without a national databank? This forces these institutions to carry out their out identification programmes because some institutions have gone ahead faster than others,” said NITA-U executive manager.

He said the methodology does not require any changes because all projects that require computerised systems to store and process data have standard operational standard

India Takes Satellite To The Skies As Kenya Hesitates To Pay Its Teachers

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india launching

The first, out of the seven, navigation satellites which are intended to deliver a regional positioning system was launched on Tuesday in India as Kenya struggles with teachers pay.

Related to the U.S. owned Global Positioning System,IRNSS-1A and among the first of the seven satellites planned, the Indian Regional Navigation Satellite System (IRNSS) was launched into space aboard PSLV-C22 which is a Polar Satellite Launch Vehicle of the Indian Space Research Organization.

The intention of the satellite is to provide position information in the Indian region and 1500 kilometers around the Indian mainland. It will offer standard positioning services to all users, and coded restricted services to authorized users. The IRNSS system is expected to be accomplished by 2016.

India wants to use the system for an assortment of procedures some of which are precise timing, disaster management, mobile phone applications, vehicle tracking and fleet management, visual and voice navigation for drivers and terrestrial, aerial and marine navigation.

Among the seven satellites to be positioned for the IRNSS project, three will be in geostationary orbit, while the rest will be in inclined geosynchronous orbit. Satellites in geostationary orbit follow the direction of the rotation of the earth so as to be in the same position relative to the earth at all times.

Ground stations for the generation and transmission of navigation parameters, satellite control and satellite ranging and monitoring have been set up in 15 locations across the country.

Europe is also setting up a global navigation satellite system called Galileo, which will inter-operate with the U.S. GPS and Russian GLONASS global satellite navigation systems.

The IRNSS is expected to provide a position accuracy of better than 20 meters in the major service area. The mission life of the satellites is 10 years, ISRO said.

UPDATE: Kenya was at the same level of economic development as the Asian tigers but has long been left behind due to governance issues.

Polished Search Experience from the First Afrikaans online booking site

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lekk

LekkeSlaap has publicized a new refined search tool where guests can filter their results for accommodation across South Africa. This comes just three months since LekkeSlaap, the Afrikaans first accommodation booking site, was introduced in South Africa.

Guests can search where to go in accordance to specific criteria such as “Pet Friendly Establishments”, “Braai Facilities”, and “Secure Parking”, to name just a few. Users just need to enter their location, tick the desired filter, and hit search.

Since their launce LekkeSlaap has been a great deal of assistance for Afrikaans on the internet and has proved to be a success with the clients internationally and locally.

The company has constantly been monitoring requests from guests and quickly found that South Africans have a check list of certain specifications that ensures a great holiday.

“When guests enquired about accommodation, we found that travellers had specific criteria that were the deal makers or breakers. These included things like, if their pets can travel with them, if there is a braai area, or if they will have secure parking etc.” says LekkeSlaap’s Marketing Manager Denise Neethling.

The company’s marketing director added that LekkeSlaap listens to the users requests, so when a guest books an accommodation on LekkeSlaap.co.za, they will get precisely what they are looking for without having to go through long lists.

Investment In Africa Should Focus on Technology

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Obama

The recent visit by President Barack Obama definitely underlined his country’s interest to do business in Africa and has stirred a great conversation.

According to Representative David Cicilline, a member of the House Foreign Affairs Committee and the Subcommittee on Africa, Global Health, Global Human Rights and International Organizations, these businesses should be backed by technology.

Cicilline used two examples of companies that are making a difference in Africa from the US. “I’m thrilled to see U.S. businesses like Digital Divide Data and eKitabu making investments in Africa that leverage American technology to develop human capital. I am proud that this ongoing work includes a Rhode Island company that is helping to create jobs here in Rhode Island as well as in Africa.”

Digital Divide Data is a company that uses workforce from the unprivileged neighborhoods in Kenya to do data entry.

“DDD opened in Nairobi with the idea that we could employ youth from slum areas to deliver digital services. The reality is that they are more talented than we ever imagined,” Jeremy Hockenstein, CEO said.

eKitabu, also crafted from Digital Divide Data enables publishers to have their content accessed through phones in Africa. The company has attracted investors and this has created jobs in Africa as well as in the US.

“The opportunity in Africa is now and American companies are ready,” said Matthew Utterback, CEO of eKitabu. “Americans are working with Africans as equal partners to build sustainable technology companies. It is time to radically scale up these ventures and we are ready to do that. Growing these business will benefit the US and Africa.”

Both eKitabu and Digital Divide Data use Cisco and Microsoft solutions, which are also American products, to drive business.

“Bringing investment dollars to Africa is important– but investments in people is one of the most critical economic levers for African development.” Ms. Amolo Ng’weno DDD Kenya, said.

Why Microsoft’s XBOX Chief Don Mattrick Is The Best CEO For Zynga Now

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42webDon Mattrick is next week taking over the helm of Zynga as current CEO Mark Pincus relinquishes the office to be the firm’s Chairman and Chief Product Officer.

The problem brief

Zynga has had massive lay offs, waning shares and falling business both on the web and on social network Facebook.

Here is the magic.

Don Mattrick was president of Microsoft’s Interactive Entertainment unit- call him the Xbox boss. But just being Microsoft’s Interactive Entertainment unit doesn’t bring the whole magic but look here.

When he was just 17 years old, Don founded Distinctive Software which was later acquired by Electronic Arts. At EA, Don headed its global studios and research and development and run all the shit involved.

Testimony

According to Mark Pincus, “Don is unique in the game business. He can execute in multiple domains – hardware, software and network, and he’s been the person responsible for game franchises like “Need for Speed,” “FIFA” and “The Sims.” He’s one of the top executives in the overall entertainment business and he’s a great coach who has inspired people to do their best work and build strong, productive teams.”

Mark added, “He deeply understands the value of a network and the importance of creating lifelong consumer relationships. He turned Xbox into the world’s largest console gaming network, growing its installed base from 10 to 80 million and transformed that business from deep losses to substantial profits.  And he has grown the Xbox Live player network from 6 to 50 million active members.”

Before joining Microsoft in 2007, Don had had a succeful career in the gaming sector for over 30 years.

The Killer

Don had always wanted to return to Bay area and we hope he will love it at Zynga but Don’s shift to Zynga as its new CEO and board member is a death blow to Microsft as it prepares its Xbox baby.

Pincus who has been CEO since founding the gaming company six years ago will have a close eye on Don as he pushes fro several products and games from the firm. Don is the leader he needed to entrust the investors money and employees with so he can go and build some more games for us.

Mark said, “I’ve always said to Bing and our Board that if I could find someone who could do a better job as our CEO I’d do all I could to recruit and bring that person in. I’m confident that Don is that leader.”

Watch this video of Don’s childhood geeky business exploits.

Nigeria Welcomes Carmido.com.ng | A Rocket Internet-Backed Online Auto Classified Portal

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carmidoWith just 346 vehicles Carmido.com.ng, a Rocket Internet-backed online auto classifieds portal might not be the biggest in the country, neither is it the best.

But just by faith and mere determination Carmido is calling itself the Nigeria’s number one vehicle’s marketplace. Looks like arrogance or maybe because it is new, blue in colour and free to list.

Buyers sign up on the site, browse though the website’s car listings or property listings as Carmido calls it then when you find a car you want to buy, get in touch with the seller by email or call then sit down to do your business.

Carmido is the latest entrant into Nigeria’s online classifieds auto marketplace. Carmido, allows users to buy cars from individual sellers and car dealers across Nigera.

Carmido will square it out with the country’s leading online auto classifieds portal One Africa Media’s Cheki.  Up and coming online auto classifieds sites like Nigeriacarmart, NigeriaCardealers.com, and 1000carsales.com might not feel the heat as are not as popular.

According to Carmido buyers using the portal will reach millions of people immediately, but this can not be the case with its present less than 400 vehicles on the site but for sure  in future seller  might reach millions of potential buyers. Carmido sellers get contacted directly via e-mail or phone when anyone wants to buy their car but is not unique as that’s how all the auto marketplaces in Nigeria work.

Still, there is nothing new, just like other portals, Carmido also promises that their team can help sellers list as many vehicles as they like and they can help them develop their car dealership business by becoming a Carmido “Trusted Seller” complete with a full company webpage.

But what will a seller benefit selling on a site with barely no vehicles. What choice will a buyer have on a portal with a mere 400 vehicles?

For Carmido to be Nigeria’s number one vehicles marketplace, someone needs to go out and get as many cars listed on the site, motorcycles will follow suit.

Windows Phone 8 Facebook App is now Upgraded

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windows fb2

The official facebook app for the Windows Phone 8 has just singled out a major revamp and is now known as the Facebook 5.0 for windows 8.

It comes with absolutely new features  such as a restored user interface, better navigation, support for high-res pictures, post sharing, Facebook timeline view and another Facebook Beta app that can be downloaded separately among others.

The Beta app is available as a limited release for the past few weeks; it has now been released to the wider public on the WP App Store, but only for users of WP8 software.

In a statement, Microsoft said that the new update will bring a ton of new features and improvements that many of the consumers have been asking for.

The company added that it is also working to bring these features to the windows 7 version of the app later in the summer.

 

 

Nigeria’s Mobile Subscription increases to 119 Million

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121203090623-africa-economy-cell-phones-monster

Nigeria has increased its mobile subscription by 7 percent since the beginning of this year,this percentage equates the total number of connections to 120 million. This is is confirmed by statistics released by the country’s communication authority, the Nigerian Communications Commission (NCC).

The statistics states that there has been an additional 6.2 million subscribers between December 2012 and April 2013 which have pushed the current total active mobile subscriptions in the country to 119.3 million.

Informa Telecoms and Media predicted that Africa will have the highest rate of growth in mobile subscriptions among major world regions. They also predicted that the number would grow by 17.5 percent by the end of 2012 which is a higher than the major world average of 10.75 percent over the same period.

This growth has seen various applications being launched in the market to their success. Products like mobile money transfer have become a big innovation even in private banks.

NCC believes that the telecoms firms should continue to invest heavily on network expansion to accommodate more subscribers on their networks.

The commission further said that the networks can accommodate 72.6 million additional subscribers, despite all four operators being heavily fined last year for poor quality of service issues.

Nigeria’s mobile market is dominated by 4 Global System for Mobile (GSM) operators (MTN), Globacom, Airtel and Etisalat.

 

BlackBerry Bleeding | Reports $84 Million Loss In Q1

 

blackberry

BlackBerry last week posted an unexpected first quarter loss after disappointing sales of its new phones.

The company experienced a 20 percent fall in shares. The Waterloo, Ontario firm announced that the loss added up to US$84m in the first quarter which was ending in June a sum which they compared it with a loss of US$518m in the same period a year earlier.

Canadian Smartphone manufacturer’s Revenues reached US$3.1bn, up nine percent; however, analysts expected a seven cent per share profit instead of a 13 cents per share loss.

The results come after blackberry released its new Smartphone’s based on the new BlackBerry 10 platform, which was seen as its best hope at regaining traction after suffering staggering losses in market share in recent years.

The Canadian group confirmed that it had shipped a total of 6.8m Smartphone in the quarter, 13 percent more than in the previous quarter. The shipments included 2.7m new touch screen Z10s and Q10s (The Q10 model was released earlier this year).

“I can’t imagine anyone is happy with Blackberry’s performance except maybe Blackberry competitors,” said industry analyst Jeff Kagan, “Can Blackberry turn things around with their new Q10, the keyboard device that just launched? Hopefully yes, but to tell you the truth hopes are dimmed by this first quarter performance.”

 

 

Huawei and Google introduce Ascent P6

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Huawei has now collaborated with Google to join other competitive brands to produce a stock in Android smart phones which will be sold in the Google play store.The HUAWEI Ascend P6 is the embodiment of elegance with an edge.

The product division president of Huawei, Kevin Ho said that the company is working with Google to produce a Google Edition version of an extra ordinarily thin ascend P6 smart phone.

“The HUAWEI Ascend P6 is a star among smartphones with its industry-leading design, high-quality camera, and intuitive user interface, Huawei’s proprietary Emotion UI,” said Richard Yu, Chief Executive Officer, Huawei Consumer Business Group. “Building on the success of our Ascend P series of fashion smartphones, the HUAWEI Ascend P6 provides unsurpassed technology and a design that is simply stunning.”

The device is small enough to slip into the tiniest pockets or clutch bags as it measures about 6.2 millimeters in thickness and is equipped with a 4.7-inch 720p display, HD in-cell LCD screen technology, and ‘MagicTouch’ for enhanced screen responsiveness even when wearing gloves.

It also has an in-house 1.5GHz quad-core processor and an 8-megapixel rear camera. The rear-facing BSI camera has F2.0 aperture and 4cm macro view which enables 1080P full HD video recording and playback.

With Huawei’s proprietary IMAGESmart software, the HUAWEI Ascend P6 turns even the most novice photographer into a professional, with contrast and color enhancement, auto scene recognition, object tracing focus, and instant facial beauty support.

The P6 also includes 2GB of RAM, 8GB of internal storage, a microSD slot, a 5-megapixel front-facing camera and a 2,000 mAh battery. The phone also has an Emotion user interface atop Android 4.2.2 Jelly Bean.

The HUAWEI Ascend P6 is available in black, white and pink with matching color cases. It will begin shipping to China from June and to Western Europe from July through Vodafone, Telefonica, Orange, H3G, O2, Carphone Warehouse, TalkTalk, Media Markt & Saturn, TIM and online via Amazon and CDiscount with other markets to follow.

 

Image:Engadget

 

 

 

 

 

 

Deloitte East Africa To Oversee The OLX Social Media Awards

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olx socialPress Release:Financial Services Advisory Deloitte East Africa will provide quality assurance in the voting exercise which has so far attracted thousands of entries and judges have a fortnight to select winners from the nominees.

“We join hands in this venture as a sign that we fully understand the critical role that social media now plays in brand visibility,” said Martin Oduor-Otieno, Deloitte East Africa Partner in charge of Clients and Markets and a senior advisor in Financial Services Industry.

“Social media is now one of the key platforms used by firms to build image, brand and disseminate information on services and products offered.”

Rapid rise in the number of internet users in Kenya has accelerated the use of social media, igniting a steady increase in the number of businesses using social media platforms for brand awareness and customer service.

Presently, 17 million Kenyans, 36 percent of the population, have access to internet according to the Communications Commission of Kenya. However, there are grim statistics that indicate the businesses are yet to optimize the use of social media platforms.

For instance, 56 percent of customer tweets to companies are being ignored; this is according to all AllTwitter, an unofficial twitter resource. Martin Muli, one of the organisers of the recently unveiled OLX Social Media Awards, says most organisations have dormant social media accounts, and the active ones often bombard the public with bland company information.

A quick review of comments from SOMA Facebook and Twitter accounts shows a serious contest between Safaricom and Kenya power shaping up for the customer care category of the Awards, with Orange and Faiba battling for the video of the year category.

Churchil Show, Tujuane, The trend TV are equally emerging as the favourites under the show of the year category, with Maina kangeni and Larry Madowo winning the minds of “netizens” for the media personality category as the voting process begins.

“The OLX Social Media Awards are meant to spur professional use of social media and sustained conversation on these platforms,” says Mr Muli.  The Awards will bring together different social media enthusiasts and organizations to celebrate the tremendous contributions brought about by social media and at the same time appreciate and acknowledge those who have immensely contributed to the growth of social Media in Kenya.

“The power has truly shifted to consumers. A recent survey by TNS RMS, a research agency, showed that in contrast to Global internet use, Social Media is far more relevant then e-mail in Kenya. The survey actually discovered that out that 57 % of Kenyans believe that what other people say about brands online can be trusted more than what the brands say,” Peter Ndiangui, the General Manager of OLX, the leading online market place.

The Awards will culminate to a gala event to be held on 9th August 2013. “This is a first in Kenya, we’ve roped in experts from various fields to make sure the Awards are a success,” says Mr Muli. Other partners in the award include Trinc Media, the Public Relations Society of Kenya and Thinck, a content development firm, Bloggers Association of Kenya and Niaje.

 

Southern Africa’s Ideco Introduces Handheld Mobile Identification Solution

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 idecoIdeco, Southern Africa’s biometric technology firm and  distributor of Morpho fingerprint biometric solutions, has released the MorphoIDent™ handheld mobile identification solution to help strengthen law enforcement in the region..

 MorphoIDent™ handheld mobile identification solution is designed primarily for public safety agents and officers, and enables real-time identification based on Morpho’s fingerprint recognition technology and is fully certified by international regulators such as the Federal Communications Commission (FCC).

According to Marius Coetzee, CEO at Ideco, what the developers have focused on is ease-of-use, accuracy and practicality. “The device features an intuitive user interface and large colour screen that is clearly visible outdoors. This makes the technology and the solution ideal for the law enforcement environment, particularly from a local point of view”

MorphoIDent™ offers the user the benefit of field-proven Morpho biometrics technology – incorporated into the most widely-used optical fingerprint sensor on the market.

The solution is not only a mobile biometric device, but when integrated via Bluetooth™ can serve as a complete solution for on-the-spot, anywhere identification in the field.

All data managed by MorphoIDent™ is transferred, via Bluetooth™ or USB, to a PC, smart-phone or PDA running the MorphoMobile application. This application provides a secure connection to AFIS (Automated Fingerprint Identification System), in addition to configuration and device management.

“If one thinks about the need for safety and security in the country, and the value that instant, reliable identity verification offers law enforcement officials, then we can already see a demand in the market and immediate opportunity for application,” adds Coetzee.

OLX Launches New Reality TV Show

OLX

The international online classified, OLX has launched a new reality show that will enable viewers to understand the platform better.

The non scripted show will demonstrate how people can make money by selling items that they barely use.

“We are really proud of the OLX Sell It Show,” Peter Ndiangui, the Country Manager said. “It gives us the unique opportunity to create awareness about our groundbreaking service to the Kenyan audience. The show not only provides entertainment for the viewers but it also offers some sort of education by giving them useful tips on how to make money on the OLX Platform.

The classified site can be accessed through the computer browser or even through the phone making it very useful in Africa where the mobile phone is popular.

Users can sell and buy a wide range of products from the platform including used household goods. Potential buyers can contact sellers through the contact information on the their profile making it easier for people to do transaction.

“People know about OLX but they don’t understand how to use it or how it works. There was a need to simplify the message and showcase how consumers can benefit from it, hence the development of the OLX Sell It Show.

Now that the government is ready to roll out the national broadband strategy, more Kenyans will be able to access the internet and engage in e-commerce activities.

The show will be available in selected television stations in Kenya and will be hosted by the funny man, Eric Omondi.

South Africa’s KasiMp3 Gets So Addictive | Receives Over 500,000 Unique Visitors In June & Home To A Massive 50,000+ Musicians

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KasiMP3 LogoKasiMp3, South African music startup helping musicians earn royalties by making their music available for free download has reported receiving over 500,000 unique visitors last month, an over 80 percent high from its April 2013 figures.

According to Tefo Mohapi, the Business Development and Public Relations lead at KasiMP3,“It has been an incredible 3 months of growth for us. We appreciate and are thankful that so many music artists around the world trust us as a platform for promoting their music.”

Selling like hot cake the platform also reported to have signed up over 50,000 music artists from across the world helping them to publish their songs on the platform and earn royalties.

GA KasiMp3 - May 2013 Open for use by musicians from anywhere in the world, KasiMp3 remains committed to providing a platform focused on uplifting music artists. And though it was built in South Africa, where it has a bulk of the music artists  followed by Nigeria, KasiMP3 has paid out royalties to numerous artists from around the world  who host their music on the platform even when the music is available as free downloads to fans.

Its unique business model and its ZERO TOLERANCE towards music piracy has put it on the forefront of protecting the artists work so they can earn from their efforts and creativity. KasiMp3 has never received any single copyright infringement complaint as it prohibits anyone from uploading songs they don’t own copyright.

Affirming to the firm’s ZERO TOLERANCE towards music piracy,Mokgethwa Mapaya, Founder of KasiMp3 said, “We encourage copyright owners to send us their DMCA take-down requests, as it is within their rights to do so as provided by the law. We will treat every case as an urgent matter.”

Apart from take-down requests KasMp3 also says it has unique systems to curb an illegal downloads.

“As a platform we remain committed to uplifting music artists and will continue to introduce new features to helping them with this. We also have implemented several features on our back-end to ensure that we clamp down on illegal uploads onto KasiMp3” added Mohapi.

Nigeria’s Amazon, Konga.com Launches Pick-Up Centres | Prophesies The End Of Paid Delivery

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GooglePlusBannerPuP (1)Nigeria’s online shopping mall, Konga.com has launched Konga.com Flagship Pick-Up centres across Lagos in a move that will make online shopping awesome and available even for guys without internet access just before its first anniversary on July 10.

Konga.com’s first 3 flagship stores include Victoria Island Pick-Up Point: 12 Idowu Taylor Street, Victoria Island, Surulere Pick-Up Point: 80 Bode Thomas Street, Surulere and Ikeja Pick-Up Point: 24 Isaac John Street, GRA Ikeja.

According to the firm, shopping on its platform is available to everyone.

“Konga.com is now not only available to you everywhere via your mobile device, tablet or PC, but also close to your office, house or school.”

“Konga.com will instead of delivering a parcel to your home or business address, buyers can also use our new Konga.com Pick-Up centres. Hence you can collect your parcels at a time that’s convenient for you,” the firm added.

After ordering, the parcel will delivered to the buyer’s preferred pickup location. The buyer will receive a notification that the order has reached the pick-up centre, and they have a whole week to pick-up your package(s).

Buyers can also return packages to any of Konga.com’s centres withing the firm’s 7 day return policy.  The centers have Konga representatives to attend to buyers and assist them with their orders or any inquiries. They also give buyers the physical feel to their online experience. The centres, open 7 days a week cater for buyers with busy lifestyle and Konga.com expects them to increase convenience.

“During a visit to our centres, you  can see reviews on several products to help make a more informed decision on what to purchase. You are also free to walk in at any time to talk to our customer service personnel at the pickup centres and ask any question regardless of whether an order was placed or not,” said the firm.

To focus more on customer’s needs and ensure optimum customer satisfaction,  the firm said in future these centres would allow customers to actually place orders with the assistance of its representatives to enable customers without internet access to enjoy the brilliant services that the firm offers and provide all customers with more product and service information.

With introduction of the service centres, Konga.com customers won’t pay any delivery fees as long as they pick their goods at the just launched pick-up centers.  Delivery costs still remain if a client has their goods delivered to their doorstep and the goods are less than a certain amount.

Kenya’s Fargo Shopping Might Kill Your Struggling Delivery Start-up | But Remember David & Goliath

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wellsOnline one-stop-shop  Fargo Shopping recently launched in Kenya, causing worries among small and up coming  online ordering and delivery start-ups.

What was scary is that Fargo Shopping has its disposal a nationwide network of over 70 delivery centers and over 50 branches are its own. The portal also signed up over 50 stores on their shop on day one and Fargo Shopping will also enjoy the services of Fargo Courier which has vans and personnel already.

The firms, though with separate managers have an already established management structure, capital assets like vans and personnel and the cash to do their work with ease, but this might also be their stumbling block, for its our yesterday’s successes to kill us not the failures.

banner_3 Fargo Shopping and Fargo Courier have the Wells Fargo name, a leading international provider of banking, mortgage, investing, credit card, insurance, and consumer and commercial financial services with 160 years experience. Here in Africa, especially in Kenya, Wells Fargo known for financial, courier and security services. It’s venturing into e-commerce might help make delivery fast but its a wake up call for e-commerce firms, especially recently launched start-ups without the muscle Wells Fargo has.

Serving for over 30 years experience in Kenya, the firm has an established business network among its clients, suppliers and partners. Its financial services arm services a great number of  banks in Kenya while its courier arm, Fargo Courier Ltd established in 2003 provides delivery,  document archiving business and warehousing services in 26,000 ft warehouse.  It also has an online delivery system.

It also has The Fargo House- a self contained security complex with nationwide alarm signals manning all vehicle movements  for its branches nationwide.

Scary?

Fargo Shopping at the moment has products from Antiques, Art, Auto & Machinery,    Beverages, Books & Magazines, Children Goods, DVDs and Film, Electronics Goods,    Fashion, Furniture and Interior Decor, Gaming,  Gift vouchers and coupons,  Groceries,    Health and Beauty,  Home and Garden, Hotel Services,  Households,  Industrial, Music, Office Equipment, Services, Phone & Accessories,  Photography Equipment, Power Tools, Sports & Outdoors and even Tickets.

Fargo Shopping  also has daily deals and offers  and adds that its partners- physical retailers can sell their stuff then have them delivered via Wells Fargo courier services countrywide.

banner_2Buyers have multiple payment channels such as credit cards, debit cards and mobile money to choose from. Without worry about how still traffic is, Fargo Shopping  with its massive resources Fargo Shopping wants to take the city’s shopping malls and stores to everyone countrywide, and the cut is that  individual retailers, designers and artists can sign up for a sellers account free of charge.

But founders of online ordering  and delivery platforms need not worry, the Goliath-David incident wasn’t a hoax. The market has room for everyone.
We will wait to see how Jumia.co.ke, Rupushops.co.ke, Mimi.co.ke , MyOrder.co.ke among others gain or lose market share.

Mozilla’s Firefox OS Smartphones Here | Coming To A Store Near You

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Teaser_FoxMozilla has today said the launch of  its first Firefox OS smartphones will begin soon. The devices, the ALCATEL ONE TOUCH Fire and the ZTE Open will be launched by Deutsche Telekom and Telefonica.

Being the first devices powered completely by Web technologies, the Firefox OS  will enable calls, messaging, email, camera and just about anything one can do on a smartphone.

Mozilla also said the Firefox OS has built-in social features with Facebook and Twitter, HERE Maps with offline capabilities and smart walking, driving and public transit directions. Users will also enjoy the Firefox Web browser and Firefox Marketplace with ability to download apps.

According to Jay Sullivan, Mozilla Chief Operating Officer, “The launch of Firefox OS marks an incredibly exciting time for the Web. Firefox OS powers the first smartphones built entirely on Web technologies and will stimulate an inspiring new wave of innovation for the Web.”

He added that Mozilla is proud to deliver an experience for first time smartphone users that will delight them and really put the power of the Web in people’s hands.

According to the firm, Firefox OS phones come with Firefox Marketplace, which unleashes the power of HTML5 apps on mobile.  Also with popular global apps such games, news and media, music and audio, business and productivity, the Firefox Marketplace includes popular apps such as AccuWeather, EA games like Poppit, Facebook, Nokia HERE Maps, SoundCloud, Terra, Time Out, TMZ and Twitter as well as personally tailored and local apps that will differ by region.

The combines the extension of the Firefox desktop and mobile browsing experience with security, privacy, customization and user control.

At the moment , Firefox OS has signed up over 20 hardware and operator partners around the world and ready to disrupt the mobile platform with a customizable mobile Web experience.

Driving the point home, John Jackson, Research Vice President for IDC said the firm’s recent surveys found Firefox OS to be more compelling to developers over Tizen, Blackberry and Kindle Fire and has high expectation that telecom operators, OEM, and developer communities  will receive the Mozilla’s Firefox OS as the next  preferable platform.

 

Kenya’s M-hela Wants The Diaspora To Send Money To Your M-PESA & ATM

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Basic CMYKSending money from the diaspora is going to be fast and more efficient with the launch M-hela, a money remittance solution from  Kenya’s Aftab Currency exchange.

M-hela has integrated M-pesa and ATM withdrawal system to allow the Kenya Diaspora in Europe conveniently send money to their family , friends and business partners in Kenya direct to their M-Pesa or bank accounts.

Users will simply go to their nearby Pesapoint ATMs or M-PESA agent after just fifteen minutes to get the cash.

To withdraw cash one will visit any M-PESA agent  or participating ATM network. M-PESA withdrawals work as normal, a user confirms that they have money in their M-PESA accounts plus the withdrawal fee, hand in their identification, go to their M-PESA menu, fill in the agent number then the amount and  secret PIN then they get the cash.
Those using ATM withdrawal can visit PesaPoint, Equity Bank Branches, Diamond Trust Bank, KCB, Family Bank and NIC Bank ATM’s.

Then head to their  phones, select ‘Withdraw Cash’ from the M-PESA menu,  select ‘From ATM’, enter Agent Number which is 555555 for Aftab Currency ( if you’re withdrawing from these ATMs: Pesapoint, Diamond Trust Bank, KCB, Family Bank and NIC Bank) or (if you’re withdrawing from Equity Bank ATM) use the Agent Number 286286, enter your M-PESA PIN, wait for an SMS notification from M-PESA with a 6-digit authorization code which expires after 10 minutes for security (and you will be expected to initiate the transaction afresh if you need to withdraw money again.)

Alternatively, on ATM, you select the M-PESA button on the PesaPoint, Equity Bank, Diamond Trust Bank, KCB, Family Bank, NIC Bank ATM, then select your preferred language, enter the 6-digit ATM Authorization Code on the ATM keyboard, then enter your Safaricom mobile number, enter the amount you wish to withdraw, press CONTINUE to proceed with transaction then the ATM will dispense your cash and issue you with a receipt. You will also receive an SMS from M-PESA confirming the transaction.

Though with a name sounding similar to Nation Media Group’s Nation Hela, which has been silent of late M-hela might be the best thing after Western Union and Money Gram and Barclay’s Pingit, if it only takes root . It might also be so helpful to users in rural areas as long as they have a mobile phone and are  M-PESA registered users. However, for those who want to send money, an update on this post will have more details.

 

Is Rocket Internet’s OfficeFab Shutting Down?

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Rocket Internet’s OfficeFab, a stationery and office supplies online store may be quietly leaving its premises in Philippines, Vietnam, Malaysia, and Indonesia as its employees pack up too not knowing where to go.

OfficeFab’s various country portals are still online and a section of the media claim it is still processing payments for customers and suppliers at the moment.

According to a staff member who declined to be named, talking to IamWire.com, OfficeFab’s offices were shut down on 28 June.

“We were all shocked by the news that day, but the higher management decided everything so even though we’re doing well with high revenue and margin, we can do nothing anymore if the main office decided to shut it down,” he told the Iamwire, adding that the company’s management has recommended employees for other jobs.

Another executive chimed that working at OfficeFab has been a great experience. “Despite the loss of the job, the loss of my friends was a lot harder to bear,” he said.

Rocket Internet is known to set high expectations and aggressive targets, so it’s not surprising that it has decided to close a business with a healthy bottom line but weak long-term potential.

Rocket Internet however has India’s OfficeYes still open but the demise of its sister company might not come with good news to OfficeYes, but we do not want to speculate as Rocket Internet is not a toddler in eCommerce.  Its decison to close its furniture store Home24 was entirely its own, may be a change of strategy.

Tony Elumelu Injects $2.5 Billion Into Obama’s $7 Billion Power Africa Initiative

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Tony Elumelu
Tony Elumelu

Tony O. Elumelu, chairman of the Heirs Holding Ltd and a business leader, has committed US$2.5 billion to Obama’s Power Africa initiative in a move to power the continent.

This is part of his commitment to deliver affordable and accessible power to the continent.The investment will be done through Elumelu’s pan-african proprietary investment company Heirs Holdings.

Power Africa is a multi-stakeholder partnership between the United States, the governments of Ghana, Tanzania, Kenya, Liberia, Nigeria and Ethiopia, and the African private sector, with the shared objective of accelerating investment in Africa’s power sector over the next five years.

This initiative was launched in South Africa during Obama’s town hall at the University of Cape Town.

Earlier this year, Elumelu’s holding company, through its investee company, Transnational Corporation of Nigeria (Transcorp), purchased the Ughelli power plant. This plant is one of Nigeria’s largest power assets which plans to restore to its full generating capacity of 1000 megawatts.

The investment we are making demonstrates our intent to become a significant player in the power sector. It also shows in a clear and meaningful way that African capital can and should be part of the solution to Africa’s challenges. We need more African companies to step up and get involved in Africa’s development, he said.”

Elumelu, went on to say that Heirs Holdings’ investment in Power Africa is not just about creating value for shareholders. The holdings wants to conduct business in the specific sector for the long term, in a way that links economic return to social benefits which he called Africapitalism.

He added that Access to affordable, uninterrupted power will have an immeasurable impact on the economic ecosystem. Bringing down the cost of doing business, expanding and innovating entrepreneurs, and jobs creating will by a product of the implementation of the agenda.

Uganda Doubles Its Internet Usage

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MTNUG

Uganda has officially increased its internet usage up to 85 percent in the last 12 months up until June 2013, says MTN Uganda.

Ernst Fonternel the Chief Marketing Officer, MTN Uganda attributed the growth in Internet customers to 1.6 million to their expanding data footprint and deployment of LTE.

Since the beginning of the year, MTN has been the first in the market to introduce WiFi Hotspots, 42Mbps and 4G LTE. We also provide our customers with 15MB worth of Free Internet every month and we are constantly reaching out to our customers through various activations and great device deals,” he said.

He said that many people were starting to use second screens along side television, so the content that was limited ot TV was deleivered via other electronic devices such as PCs and mobile phones. This, he said requires high speed technologies 3G+ and 4G LTE.

MTN is significantly investing into Internet education and as part of this initiative is hosting MTN Expos across the country. Aligned with the Government’s intentions to increase Internet penetration in Uganda, the regional MTN Expos create awareness for the vast opportunities available through the use of ICT as well as expose customers to the various affordable data plans and devices available from MTN including Feature Phones, Smart Phones, Tablets, Notebooks, Laptops, Internet Dongles and Routers.

MTN Uganda is the leading investor in technology in Uganda,with a planned investment of over $70million in 2013 to upgrade infrastructure and expand coverage to rural areas in addition to their $80million during 2012.

MTN is well known for Internet coverage, speeds and innovation and during 2012 alone launched its own WiFi service called MTN HotSpots, doubled their Internet speeds to became the first Uganda operator to launch 42Mbps and 4G LTE on its network.