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agripitch-2020
The AgriPitch competition is open to youth aged 18 to 35 who hold African nationality or citizenship and who submit their application online by 23rd October There are just hours to go until the 23 October deadline to enter the African Development Bank’s AgriPitch Competition. Selected entries by African youth agripreneurs will be invited to showcase their agribusiness startup plans...
The Summit will take place on 3 & 4 November online. Two VC4A Venture Showcases - Seed and Series A - in partnership with AWS Activate; The summit is FREE to attend this year - but for investors only please. VC4A and ABAN are eager to announce the 7th and virtual edition of the Africa Early Stage Investor Summit (#AESIS2020)....
Andrew Otike-Odibi MD C&I Leasing
Neoma Africa Fund LLC will acquire up to 55.82 per cent majority equity stake in C & I Leasing Plc after the conversion of the Fund’s $10 million convertible loan stock into equities in C & I Leasing. Shareholders of C & I Leasing are scheduled to meet early next month at an extraordinary general meeting to consider and pass...
pick n pay
Pick n Pay has revealed plans of opening its first store in Nigeria through a partnership with Nigerian business A.G. Leventis, in an effort to tap the West African nation’s “underserved” consumer market. The push into Nigeria comes as retailers including grocery giant Shoprite Holdings and Mr Price are withdrawing because of currency devaluations, logistical challenges and difficulties repatriating profits. But...
MAPCo Plans to Raise $1.2 Billion to Fix Power Gap in Nigeria
A Nigerian venture plans to raise 480 billion naira ($1.2 billion) over the next three years to buy electricity meters and help power distributors plug a revenue gap in Africa’s most populous nation. Less than a 10th of Nigeria’s 41 million households have their electricity consumption metered, and half of those are faulty, according PricewaterhouseCoopers. As a result, distribution companies...
Five Key Factors for a Future-Oriented Digital Transformation of Electric Power Enterprises
At HUAWEI CONNECT 2020, IDC and Huawei  jointly released the white paper for the electric power industry — Building the Future-Ready Power Enterprise: Road to a Successful Digital Transformation. In the white paper, IDC proposed a methodology for the transformation of electric power enterprises. This methodology supports and aligns with Huawei's digital transformation methodology. IDC and Huawei follow a similar...
african fintech summit
This year’s Summit will host over 1,000 attendees and 60+ speakers calling in from 10 different time zones across 6 continents The fifth Africa Fintech Summit (www.AfricaFintechSummit.com) will be hosted virtually this year through the Accelevents (https://bit.ly/3ki0PC8) platform on November 9th, 10th, and 12th, 2020. The Summit takes place at the backdrop of the global COVID-19 pandemic that has brought...
Irene Ochem Founder and Chief Executive Officer, AWIEF
The AWIEF has remained Africa’s largest and most prestigious women entrepreneurship platform where participants can network, connect and build new business relationships The Africa Women Innovation and Entrepreneurship Forum (AWIEF) has announced plans to hold its 6th Annual Conference and Awards on 2nd and 3rd December 2020. Since its inception, the AWIEF has remained Africa’s largest and most prestigious women...
Nizar Juma, Jubilee Holdings Chairman
Partnership covers general insurance in five East African countries; it aims to expand and broaden the insurance markets across East Africa; transaction is subject to regulatory approvals Jubilee Holdings Limited (“JHL” or “Jubilee Insurance”), East Africa’s largest insurance group, and Allianz,one of the world's leading insurers and asset managers, have signed an agreement to establish a strategic partnership in the...
Charles Aigbe, Divisional Head, Brand & Communications, Fidelity Bank
Fidelity Bank Plc has again been recognized for its support towards the growth and survival of Micro, small and medium sized enterprises (MSMEs) in the country . The bank emerged winner of the ‘Outstanding SME Supporting Bank of the Year’ at the 2020 Marketing & Advertising Award for Excellence ceremony which held on Friday at the D’Podium International Centre in...