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Africa Business Education General 

5 ways to make money online in Nigeria

According to InternetWorldStats.com, a staggering 72 million Nigerians now have access to the Internet. However, much fewer Nigerians are aware of the possibility of making money online. Not only is it possible to make money online in Nigeria, but it is also possible to turn online business into a highly profitable, full-time commitment. Here are five proven ways to make money online in Nigeria. 1. Freelancing This involves rendering services such as ghostwriting, website design, graphic design, and data entry to clients online. Clients can be found either on freelance outsourcing…

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In pictures: Nigeria’s frog kebabs

Smoked frogs are a delicacy for some, but not all, Nigerians: Philip Paul is a frog seller – and he and his wife and daughter love to eat them. The family hails from central Benue state but live in the north-east, where people are not so keen on them. The 25-year-old says the frogs are so easy to catch that he grabs them with his bare hands. At night he puts a bit of bait on rope and when the frogs jump he just reaches for them. He then skewers…

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General 

Whatsapp To Become Largest Communication Service; Crosses 800 Million Users

While a few days back, WhatsApp made headlines for undergoing a complete makeover with material design, new icons and better layout, the popular instant messaging service is back in the news after touching a whopping active user base of 800 million. Announcing this milestone, Jan Koum, CEO, WhatsApp posted on his Facebook page, “WhatsApp – now serving 800,000,000 monthly active users. Reminder for the press out there: active and registered users are not the same thing.” Apparently, registered users refer to people who have accessed or used WhatsApp atleast once…

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Africa Education Entrepreneurship 

Meet Estifanos Kiflo: Start-Up Entrepreneur Creating Database of construction industry professionals

Estifanos Kiflo is co-founder of Kinehintsa.com, an Addis Ababa-based start-up that is creating a database of buildings, service providers and professionals in the construction industry inEthiopia. The platform enables users to make informed decisions when hiring and implementing projects. Architects, contractors and other professionals in the construction industry can showcase their services while clients can rate the services offered by various professionals and companies. The platform seeks to promote transparency and accountability in the industry. 1. Give us your elevator pitch. My co-founders and I have a background in architecture and…

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Africa African Politics Business Economy 

A new way forward for Nigeria?

A couple of years ago, many investors were optimistic about Nigeria and the stock market was booming, buoyed by strong economic growth and government reforms to improve the country. However, by 2014, the mood soured amid a series of unfortunate events, including the terrorist acts of Boko Haram, an Ebola outbreak and the weakening price of oil, which is the major source of income for the government and has a big impact on the economy. Despite these challenges, we continue to pursue long-term investments in Nigeria for a number of reasons. Not only is…

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Africa African Politics Business Economy 

Nigeria’s elections: Positive outcome for Africa’s biggest economy

Joseph Rohm, portfolio manager at Investec Asset Management, shares his thoughts on the recent Nigerian elections. At the end of what can possibly be described as Nigeria’s most tightly fought national elections, General Muhammadu Buhari of the All Progressive Congress (APC) has emerged as the president elect of Africa’s biggest economy. While it has not been without its challenges – among which postponing the elections by six weeks amid threats of disruption from Boko Haram – a peaceful handover of power is a very good outcome for Nigeria. It is the…

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Economy 

Urbanization of Water: Its Role in A Cleanleap

Source: WOHA Architects Water is one of the great human challenges of our time. As an essential resource for human life, it is staggering that so much of the world should exist without the basic potable water and sanitation services that we know in the developed world. 2.5 billion people in the world do not have access to adequate sanitation, one in three of the world’s population. Pressure on water resources in the developing world is growing due to the increasing migration of the rural to urban centers. This rapid growth has…

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Nigerian marathon runner achieves North Pole dream

The first Nigerian to do the North Pole Marathon speaks about how proud she felt to plant her country’s flag in the snow at the end of the race. Tuedon Morgan, 42, said Antarctica, where she has been on two previous trips, was a playground compared to her experience at the North Pole last week: The North Pole was extremely difficult for me: It was so cold, with temperatures of -41 C, and I noticed that my body was losing a lot of energy – it was like the magnetic…

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Business Economy 

Africa is the continent that will see the largest increase in electronic payments between now and 2016 – Visa

 Visa , an international electronic payment company, sponsored the Prepaid Summit Middle East event for the sixth consecutive year in 2015. The event was held in Dubai. Uniting over 150 leading participants, this conference is a regional standard for the electronic payments industry. On this occasion, various awards were presented during a ceremony to regional financial institutions, including a significant number based in Africa and the Middle East. These were Al Ahli Bank of Kuwait, Banque Al Jazira, Banque Libano-Française, Commercial Bank of Qatar, SCC Bank, Kuwait Finance House and…

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Africa Business Economy 

Internet: DHL and Cisco Internet of Things Trend Report estimates that there will be 50 billion devices connected to the Internet by 2020 compared to 15 billion today

DHL, the world’s leading logistics service provider, and Cisco, the worldwide leader in IT, have jointly released a new Trend Report focused on the Internet of Things (IoT) at the DHL Global Technology Conference in Dubai. DHL and Cisco Consulting Services are also collaborating on a joint IoT innovation project that will improve decision-making in warehouse operations with near real-time data analytics based on Wi-Fi connected devices.  The Trend Report “Internet of Things in Logistics” is available online at www.dhl.com/internetofthings Ken Allen, CEO DHL Express and Board Sponsor Technology, said: “At…

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