Remi Dada (Founder & CEO, Spacefinish) In today’s fast-paced world of retailing, many retailers now track competitors’ prices via systems that scrape rivals’ websites and use this information as an input to set their own prices manually or automatically. A common strategy is to charge a certain per centage less than specific competitors, thereby differentiating one’s business based on an ability to revise prices swiftly and on a large scale. However, Remi Dada (Founder & CEO, Spacefinish) has a very interesting perspective, arguing that businesses that use such simplistic and perhaps limiting pricing heuristics may be missing out on significant…
Author: Admin
Engr. Jennifer Adighije (Senior Special Assistant to President Tinubu on Entrepreneurship in Innovation/ Digital Economy) is extending an invitation to Lagos-based female entrepreneurs to join her a gathering of stakeholders (women-led business owners) in the NMSME ecosystem. The event (taking place at 2pm on Wednesday May 01, 2024 at the Eko Hotel Convention Centre Victoria Island, Lagos) is tagged “Navigating economic headwinds by building financial resilience & leveraging technology” Says Adighije: In the wake of our present economic realities, we will be engaging in valuable discussions around adopting new strategies & cutting-edge solutions for improved performance by deployment of Technology.…
Uche Ofodile (CEO, MTN Benin & Chairwoman, MTN Benin Mobile Money) at the signing of a Memorandum of Understanding between MTN Benin and Huawei Technologies On Wednesday, April 24, 2024 a Memorandum of Understanding (MoU) was signed between MTN BĂ©nin and Huawei Technologies Limited, with a clear objective of equipping girls and women with the skills and knowledge required to excel in an increasingly dynamic technological landscape. Central to the partnership is a commitment to education and skill-building, through a series of targeted programs and initiatives. MTN BĂ©nin and Huawei are expected to work hand in hand to provide women…
🎥 TolulopeAjayi Film Director and Producer, Tolulope Olamide Ajayi, is thrilled to announce that his film “Over The Bridge” will be opening the 31st edition of the New York African Film Festival (NYAFF). taking place May 8-14, 2024! Since its inception in 1993, the Festival has been at the forefront of showcasing African and diaspora filmmakers’ unique storytelling through the moving image. This year’s theme, “Convergence of Time,” explores the intersection of historical and contemporary roles played by individuals representing Africa and its diaspora in art. With more than 50 films from more than 25 countries, the festival invites audiences…
Abiola Adediran (Private Wealth & Family Office expert) 📸A. Adediran Increasingly, more businesses fail to pass on the reins to the next generation, either through a lack of planning, or simply because younger family members may be terribly ill-equipped to take on the burden of responsibility. In a lucid piece shared online (Many Boomer Retirees. Few Succession Plans), Private Wealth & Family Office expert, Abiola Adediran, weighs in, outlining the several challenging familial conditions that may exist (often in combination), and sharing thoughts on how so many of these obstacles could be remedied with some forethought and openness. Adediran says:…
A vision executed: Chairman of Coronation & Grand Patron, Coronation WIN, AIgboje Aig-Imoukhuede (Centre) steers the launch of Coronation WIN On April 18, 2024, leading African financial services provider, Coronation, is thrilled to announce a newborn initiative – the Coronation Women Initiative Network (Coronation WIN) – described by Ngozi Akinyele (Chief Marketing & Communications Officer at Coronation) as ’embodying Aigboje Aig-Imoukhuede’s visionary commitment to enable women to lead and succeed’. Mr. Imoukhuede is Chairman of Coronation. (L-R): Ngozi Akinyele (Chief Marketing & Communications Officer at Coronation); Olushola Coker (Chairperson, Board of Directors, Coronation Trustees Limited); Aigboje Aig-Imoukhuede (Chairman, Coronation); Pai Gamde (Chairperson,…
Emerging Africa Group launches in Port Harcourt (Rivers State, Nigeri): Founder, Emerging Africa Group, Dr. Toyin Sanni (4th-R) and the team: Adaku Ijara (2nd-R); Collins Olise, Olutoye Sanni, Kuburat Yakubu, Felicia Sonubi, and Mahmoud Kasandubu Leading provider of financial services, Emerging Africa Capital Group recently launched in Nigeria’s South-South region with the unveiling of a brand new office in Port Harcourt, Rivers State. Says Founder, Dr. Toyin F. Sanni: “Today we opened [the]  Emerging Africa Group, Port Harcourt branch, and brought opportunities for deeper financial inclusion and wealth creation to the people of Rivers State. Going by its mission to grow…
VKAV partners (L-R): Ryosuke Yamawaki, Ory Okolloh,and Satoshi Shinada Verod-Kepple Africa Ventures (VKAV) – having announced a first close of $43 million in March 2023 – recently announced a final close of $60 million for its pan-African venture fund, which invests in scalable, tech-enabled, post-revenue startups addressing difficult challenges on the continent. Key institutional investors in the fund including SBI Holdings, Toyota Tsusho Corporation, Sumitomo Mitsui Trust Bank, Japan International Corporation Agency, and Japan ICT Fund. New investors joining the final close include SCM Capital, formerly known as Sterling Capital Markets Limited, from Nigeria and a few additional institutional investors…
Queen Mathilde of Belgium pictured during the opening of the World Cocoa Conference in Brussels, carrying out her role as the United Nations advocate for the Sustainable Development Goals (Photo by BENOIT DOPPAGNE/BELGA MAG/AFP via Getty Images) The World Cocoa Conference – the leading event for the global cocoa and chocolate sector that brings together all the stakeholders of the cocoa value chain across the world – held its 2024 gathering in Brussels on Monday, April 22, 2024. The event was inaugurated by Her Majesty Queen Mathilde of Belgium who spoke emphatically about the cocoa producers she met during her…
TLcom partners (L-R): Ido Sum, Omobola Johnson, Andreata Muforo, Maurizio Caio and Eloho Omame 📸 Lumiogunde TLcom Capital LLP – a Venture Capital firm partnering with Africa’s best entrepreneurs to tackle the continent’s biggest challenges – are delighted to announce the final close of its second fund, which was oversubscribed at $154 million. Says Eloho Omame (TLcom Partner, Lagos): “In a tough climate for private capital, I’m incredibly proud that we’re one of the handful of managers that have raised multiple venture capital funds for Africa — an asset class that essentially did not exist 10 years ago. Eloho Omame…