Category Archives: Uncategorized

Nigerians, Egyptians, Rwandans, Others Win Jack Ma’s Maiden $1m Africa’s Business Heroes Awards


A Nigerian and Founder/CEO, LifeBank, Temie Giwa-Tubosun; an Egyptian and Founder/CEO, Nawah-Scientific, Omar Sakr; a Rwandan and Founder, Water Access, Christelle Kwizera; and others Saturday emerged top winners of the first annual Africa Netpreneur Prize Initiative (ANPI), otherwise tagged Africa’s Business Heroes grand finale awarding $1 million in prize money to 10 entrepreneurs from across Africa.

The breakdown of the top three finalists indicated that Giwa-Tubosun won the star prize of $250,000; followed by Sakr with second place, winning $150,000; and Kwizera winning $100,000 as the third place prize.

The remaining finalists, who each received $65,000 include: CEO, Mumm, Waleed Abd El Rahman (Egypt); Co-founder, Thrive Agric, Ayodeji Arikawe (Nigeria); Founder/CEO, J-Palm, Mahmud Johnson (Liberia); Co-founder/CEO, UZURI K&Y, Kevine Kagirimpundu (Rwanda); Founder, Black Swan, Tosan J. Mogbeyiteren (Nigeria); Co-founder, DrugStoc, Chibuzo Opara, (Nigeria); and Co-founder/CEO, Afrikrea, Moulaye Taboure (Cote D’Ivoire).

The ANPI is a flagship initiative of the Jack Ma…

View original post 534 more words

#ForAGreaterLagos…Lagos Blue Line Rail Will Commence Operations in 2021


The Governor Babajide Sanwo-Olu-led Lagos State Government has assured that Lagos Blue Line Rail would convey its first set of passengers in 2021, saying the government is working round the clock to ensure the completion and successful utilisation of the project.

The state Commissioner for Transportation, Frederic Oladeinde, stated this while featuring on ‘Lagos Today,’ a programme aired by Lagos State Television.

Oladeinde added that the present administration was committed to the completion date deadline, saying the government was very passionate about the actualisation of an effective intra-state rail system.

The commissioner explained that the inter-state rail line currently being constructed by the Federal Government would serve as the Red Line Rail spanning from Alagbado to Marina.

“The rail and other modes of transportation are very key in the Strategic Transport Master Plan which will feature a sustainable and innovative integrated Multi-modal System that will ultimately ease the traffic flow within…

View original post 201 more words

PDP Mocks El-Rufai, Bello and APC for Begging Kogi People By Kneeling at Campaign Ground


Peoples Democratic Party (PDP) Thursday said the public apology and kneeling by the Chairman of the All Progressives Congress (APC) Kogi State Campaign Council and Kaduna State Governor, Nasir El-Rufai, confirmed that even the APC agreed that Governor Yahaya Bello did not merit a second term.

The party alleged that “the genuflection by El-Rufai is also a direct confirmation that the failed Governor Bello cannot lay claim to any genuine vote at the November 16 governorship election.”

PDP noted that Edo State Deputy Governor, Philip Shuaibu, also knelt before the Kogi people to beg for Bello which further showed that “it is public knowledge that the governor (Bello) misused the opportunity given to him to lead the state.”

“Unfortunately, the apology is coming too late in the day and cannot be accepted by the people of Kogi State, whose lives, Yahaya Bello had turned into a living hell in the…

View original post 164 more words

Angolan Mother Confirms 12-year-old Son as Offspring of Human-Chimpanzee Love Affair


The genetic makeup of a 12-year-old Angolan boy is now disputed by experts after his deceased mother allegedly told him on the deathbed that he is the offspring of a human-chimpanzee love affair, the Gazeta Nacional has reported.

The story made national headlines and has unleashed an outpour of generosity towards Augusto Dembo, 12, who now lives with his uncle and aunt in the capital city of Luanda.

Although the young boy has become an instant celebrity, many experts dispute the claim that he is the product of the sexual intercourse between a human and a chimpanzee.

“Sexual relationships between humans and chimpanzees are fairly common in the region but this is the first time a pregnancy is officially reported,” said Dr. António Mendes of the Hospital Municipal do Luena.

Angola President João Lourenço has already nicknamed the boy the “Angolan Miracle Child” as well as praising the young man…

View original post 149 more words

Hope Rising…MSD’s Ebola Vaccine Gets WHO Prequalification Status


Merck known as MSD Thursday said its ERVEBO (Ebola Zaire Vaccine – rVSVΔ-ZEBOV-GP live) has been awarded prequalification status by the World Health Organization (WHO).

ERVEBO is the first vaccine to be prequalified by the WHO for the prevention of Ebola Virus Disease.

WHO prequalification followed the European Commission’s grant of a conditional marketing authorisation to ERVEBO on November 11.

ERVEBO is currently under Priority Review with the US Food and Drug Administration (FDA) with a target action date of March 14, 2020.

WHO prequalification means that ERVEBO has met the WHO’s standards of quality, efficacy and tolerability, which, in conjunction with other criteria, offers guidance to the United Nations (UN) and other global health entities in making relevant vaccine decisions.

Importantly, prequalification status allowed a vaccine to be procured and purchased by the UN, now allowing ERVEBO to be considered as a vaccine to be included in a global…

View original post 105 more words

Like Rivers and Zamfara States, Bayelsa APC May Not Take Part in Nov 16 Guber Poll…Here is Why


The ugly trends of infighting which stopped the All Progressives Congress (APC) from participating in the governorship elections in Rivers and Zamfara states are currently playing out in Bayelsa State.

It would require more than a miracle for APC to and its guber candidate, David Lyon, to participate in the Saturday governorship poll.

It would be recalled that APC suffered same party’s infighting in Rivers and Zamfara states thereby denying it the opportunity to participate in the March 9 guber elections in the two states respectively.

A Federal High Court sitting in Yenagoa had Thursday nullified the governorship primaries that produced Lyon as the APC candidate.

Reacting to this development, the Chairman of Bayelsa APC, Jothan Amos, eexpressed optimism, noting that his party has gone to Court of Appeal with a view to obtain a stay of execution pending the determination of the appeal to enable it participate in the…

View original post 892 more words

2019 Africa Investment Forum in Figure: 2,221 Participants from 109 Countries, 56 Boardroom Deals at $67.6bn Tabled and 52 Deals Worth $40.1bn Investor Interest Secured


With a resounding storyline that Africa is bankable, the second Africa Investment Forum ended on a high note Wednesday with 56 boardroom deals valued at $67.6 billion and 52 deals worth $40.1 billion secured investor interest compared with $37.8 billion last year.

Wow! This was a 44 per cent increase from last year.

The deals brought participants to the 2019 Africa Investment Forum and they were not disappointed.

Over 2,221 participants attended this year’s Forum from 109 countries, 48 countries from Africa and 61 from outside of Africa.

They came from government, the private sector, development finance institutions, commercial banks, and institutional investors.

Key moments of the Forum included:

A $600 million COCOBOD deal for Ghana, for cocoa processing, warehousing and processing;

A $58 million for the Alithea Identity Fund for women; and

A concession agreement for the Accra Sky Train, worth $2.6 billion.

The Forum focused on projects and…

View original post 473 more words

« Older Entries