I wrote this morning that Amazon Go is a path for Amazon to conquer territories which are impervious to ecommerce. Amazon Go will become the future retail operating system. After writing for Konga to sell, and they actually sold, I have come to admire the new Konga. Largely, the new Konga is a better business than Jumia and if they continue to execute, that will be the category-king. Amazon has done well in America. But Amazon is not a force in global retail – it represents a very low single-digit percentage of the total retail market. Jeff Bezos, the Founder… The post New Konga >> Jumia appeared first on Tekedia.

By Nnamdi Odumody Konga is a leading Nigerian omni-channel e-commerce brand on a mission to become the engine of trade and commerce in Nigeria and beyond. It was founded by a Nigerian serial entrepreneur, Sim Shagaya, in 2013, but was acquired by the Zinox Group. The key sentence is thus: “Our mid-term goal would see to the establishment of more stores across Nigeria”. Yes, the new Konga would be opening physical stores across Nigeria. Certainly, that is a great winning business model. Besides the money being in the physical space, having stores will reduce the marginal cost challenges associated with… The post The Konga’s Evolution and Revolution in Nigeria’s Ecommerce Sector appeared first on Tekedia.

Innov8tiv Innov8tiv - Blacks In Technology in USA, UK, Caribbean Islands & Africa The South African-based bitcoin startup Centbee has successfully closed a Series A funding of $1.3 million. Funds it says will go a long way in helping them develop further its product and scale. The startup was launched in 2016 by Angus Brown and Lorien Gamaroff. Late 2018, the startup released its bitcoin cash wallet that […] Centbee an S.A bitcoin startup closes $1.3m Series A funding round Milicent Atieno

Let me wish many traveling for Good Friday and Easter. I like the Good Friday/Easter because it reminds me what it means to move from the valley to the mountaintop. Anything can rise, including careers, and I am hoping the spirit of the season will unlock moments of hope – and glory, for many. As you celebrate the season, find answers to this question: what are the 3 things I need to do to move from Good Friday to Easter in my career? The ecclesiastical translation from Good Friday to Easter required Action. If you want such, you need to… The post The Career Ladder – From Valley to Mountaintop appeared first on Tekedia.

Google has announced that the Google News Initiative (GNI) Innovation Challenge is launching in the Middle East, Africa, and Turkey in June. The GNI Innovation Challenge is inviting proposals for projects from news organizations of every size to address increasing engagement with readers and/or exploring new business models in any form such as subscriptions, membership […]

Innov8tiv Innov8tiv - Blacks In Technology in USA, UK, Caribbean Islands & Africa Geneva, April 17th, 2019 – Seedstars is partnering with First Growth Ventures to launch Seedstars Africa Ventures, a sub-Saharan Africa fund targeting $100mn to make early-stage minority investments from USD 250,000 to USD 5 million in the most promising and innovative ventures across sectors and countries. The fund is expected to make its first investments by […] Seedstars launches a pan-African venture fund to accompany its regional strategy Innov8tiv.com

With cybersecurity one of the nation’s top security concerns and billions of people affected by breaches last year, government and businesses are spending more time and money defending against it. Researchers at the U.S. Army Combat Capabilities Development Command’s Army Research Laboratory, the Army’s corporate research laboratory also known as ARL, and Towson University may […]

This is a trailer announcing my upcoming talk in the Platform. I hope you will make it. I will speak in the Platform, the extremely popular national live TV conversation, on May 1 2019.  Prof Yemi Osinbajo (vice President of Nigeria), Dr Peter Obi (PDP 2019 vice presidential candidate), a Goldman Sachs Managing Director, and other leaders have spoken in the Platform. Few hours ago, I accepted to speak in this prestigious event. The invitation letter had, in part, included: “I am strongly convinced that your extensive work and contributions … will be of immeasurable benefit…” Over the years, the… The post The Platform Speakers – Trailer Announcing Prof Ndubuisi Ekekwe [Video] appeared first on Tekedia.

Amazon has done well in America. But Amazon is not a force in global retail – it represents a very low single-digit percentage of the total retail market. Jeff Bezos, the Founder and CEO of Amazon, knows that. You cannot have disruptive impacts in global retail unless you bring atoms in the playbook. So, besides the success of Amazon digital, Amazon has been going offline. It brought Whole Foods home. But the biggest that will happen is Amazon Go – automated and cashier-less retail shop. Simply, with Amazon Go, Amazon can become the operating system of modern retailing. In the… The post The Next Amazon’s One Oasis – Amazon Go To Become Retail Operating System appeared first on Tekedia.

I wrote about Lambda School two days ago, and in the LinkedIn update, I asked if someone could get a version in Nigeria. Magically, today, Paystack announced a deal with Lambda School. The general model is this: you will get the training free but when you get a job, a small part of your salary will be sent to the company. That means they really have to do a good job to ensure you get a job – I will vote for that model any day. Paystack plans to hire many that get in or connect them with its merchant… The post Paystack Brings Lambda School To Nigeria; Income Share Agreement Is Here appeared first on Tekedia.

Guaranty Trust Bank plc has released its unaudited Financial Results for the quarter ended March 31, 2019 to the Nigerian and London Stock Exchanges.  The Bank recorded positive performance across all financial metrics with gross earnings for the period growing by 1.2% to ?110.3billion from ?109.0billion posted in March 2018. Profit before tax improved to ?57.0billion from ?52.6billion recorded in the corresponding period of March 2018, representing a growth of 8.3%. Customers’ deposits also rose by 6.0% to ?2.410trillion in March 2019 from ?2.274trillion in December 2018, whilst the Bank’s Loan book grew by 1.6% from ?1.262trillion as at December… The post Nigeria’s GTBank Records PBT of N57 Billion in Q1 2019 appeared first on Tekedia.

Zenvus, a Fasmicro Group subsidiary, was included in the world’s leading global market research report by MarketsandMarkets Research which serves 80% of Fortune 2000. We are the only African company that made the list. The Precision Harvesting market is valued at $10.4 Billion and will reach $17.5 Billion by 2023. An email from the company Fasmicro is profiled in one of our recently published study titled- Precision Harvesting Market by Product (Combine, Harvesting Robots, Forage Harvesters), Application (Crop, Horticulture, Greenhouse), Offering (Hardware – Sensors, GPS, Yield Monitors, Software, Services), and Geography – Global Forecast to 2023. The Precision Harvesting market is expected to… The post Nigeria’s Zenvus Makes A Global List appeared first on Tekedia.

The greatest global tech companies of our era are built on one construct: The Aggregation-Integration Construct. Provided the web remains unbounded and unconstrained on distribution, Nigeria’s leading tech firms of the future must discover value therein. It is about marginal cost, and driving scalable advantage across markets and territories. As the 2022 arrives with that immersive connectivity, I can see that moment of glory at the horizon: begin to build. The post Nigeria’s Greatest Tech Firms of the Future appeared first on Tekedia.

Innov8tiv Innov8tiv - Blacks In Technology in USA, UK, Caribbean Islands & Africa No other generation in human history has been staring at the screen than the current generation. We do so when at the bus, behind the wheel while driving, in our offices while working, at home even when in the bed. So much so that it has necessitated the development of dark mode to make things […] How do I activate Dark Mode on Facebook Messenger Felix Omondi

By Nnamdi Odumody The Nigerian oil and gas industry which is the livewire of the economy needs to embrace digital transformation to increase operational efficiency across its value chain. This is necessary as advances in technology across the globe is affecting oil and gas exploration, production, distribution and marketing. The following technologies are transforming hydrocarbons: Artificial Intelligence and Robotics Artificial Intelligence can help oil and gas exploration companies to discover and predict oil fields with large reservoirs. Through deep learning, image recognition to identify deep reservoir of hydrocarbons, mining will be more efficient. With sensors, oil wells can be monitored… The post Necessity of Digital Transformation of Nigeria’s Oil & Gas Sector for Efficiency appeared first on Tekedia.

Innov8tiv Innov8tiv - Blacks In Technology in USA, UK, Caribbean Islands & Africa They say to keep things interesting in a relationship, the couple should be trying new things every now and then. You know, to spice up things. You could change positions in bed, decided to eat out, and (well, I don’t know) go for a DNA test. Well, there is this young couple that decided to […] A couple went for DNA test just for fun, what they discovered ended their relationship Felix Omondi

Let me begin by congratulating all of you that just graduated. You have done well for yourself, your family – and our nation. The future offers promise and abundance. But you need a real strategy to unlock that future, sustainably. Depending on your grade, jobs will possibly line up: consulting firms like EY, KPMG, Accenture, Deloitte and PwC always discover great graduates. Those jobs happen for most that finished top of their classes. I had the same challenges many years ago: offer letters on great jobs you did not even interview for. But let me tell you something about Nigeria:… The post Congratulations, Fresh Graduates – Now, Have a Career Roadmap appeared first on Tekedia.

Innov8tiv Innov8tiv - Blacks In Technology in USA, UK, Caribbean Islands & Africa Forget about the Internet of Things, and think of Internet of Thoughts. You want to do research on socio-economic factors that propelled the agriculture revolution in Mesopotamia. All you do is sit down and deep in your mind dive through scholarly articles on web pages on the internet. Instead of remembering something (cramming) you simply […] In a few decades, man could connect his brain directly to the internet Felix Omondi

We made huge progress yesterday – a leading African telco will provide super support to Zenvus Loci. With this relationship, great things will happen. A formal announcement is coming in May. Also, in May, all our partners will start experiencing Zenvus Loci. We are finalizing APIs to help schools, logistics firms, ecommerce, human security, etc to have the capacities to integrate their current supply chain frameworks with Zenvus Loci. Few months ago, I provided the first pencil sketch of this product. Today, we are already tracking cargoes [our partners are experiencing some tests, across continents, live]. You need to join… The post A Leading African Telco Says YES To Zenvus Loci appeared first on Tekedia.

Why do people like destroying winning systems? Pride! In NBA many years ago, Kobe Bryant and Shaquille O’Neal were winning in LA Lakers – then, one felt he could win without the other. The rest is history. The outclassing of C. Ronaldo and Juventus last night by Ajax has shown that even Ronaldo needs Real Madrid just as Real Madrid needs him. There is nothing else he will win in Italy this year Juventus has not been winning without him. The President of Real Madrid wanted to prove a point – and Ronaldo also wanted to make his own point.… The post How Real Madrid and C. Ronaldo Lost Last Night! appeared first on Tekedia.

Last month, my friend lost a project file he has been working on for 3 months. It was a very tough moment for him. With no backup, he had to start over again. That lost time and the stress terrified. So, knowing that I didn’t really have a good personal backup strategy myself, I began looking online for a solution. After all the searches and comparisons, I found one that showed great feature capabilities: EaseUS ToDo Backup software. EaseUS Todo Backup Free lets you create backups of your important files or your entire computer through its streamlined interface. Just choose… The post EaseUS Todo Backup Is A Smart Personal Data Backup Solution appeared first on Tekedia.

By Nnamdi Odumody Seamfix is a technology company founded by Chimezie Emewulu, Chibuzor Onwurah and two other partners in 2007. They began with N75,000 to solve some of the frictions in identity management in Nigeria.  With offices in Lagos, Calabar and Enugu, and staff strength of over 100, they have provided cutting edge solutions which are used in diverse industries. Over the years, they have built systems with footprints in Identity Management, Digitization, Lending, Business Solutions and Customized Services. You can call this entity a digital conglomerate. Seamfix provides solutions that enable organizations to seamlessly capture, onboard, verify and digitize… The post Seamfix Founders Began with N75,000 and Now Run One of Nigeria’s Leading Software Conglomerates appeared first on Tekedia.