Venture capital slump leads Nigerian startups to borrowing for survival
By Juliet Umeh As venture capital funding across Africa remains low, Nigerian startups are now turning to borrowing to stay afloat and support growth in a tighter investment environment. Latest data from Africa: The Big Deal shows that startups across the continent raised $135 million in May 2026 through 37 deals, an improvement from April’s […]
IBM sets up foundation, targets $22bn market
At the ongoing Impact 2012 , the premier conference for business and IT leadership holding in Las Vegas, United States of America, IBM unveiled its first ever Mobile Foundation, a comprehensive portfolio of software and services designed to help organizations capitalize on the proliferation of mobile environments — including laptops, smartphones and tablets.
NIG makes 2 internet entrepreneurs millionnaires
Two young Nigerian internet entrepreneurs at the weekend, emerged millionaires in the Nigerian Internet Group, NIG’s Internet for Job I4J competition.
Glo’s Ghana network takes off with 1.5m lines reserved
SECOND National Carrier, Globacom opened a new phase of its multinational operations last Sunday as Glo Mobile Ghana formally announced the commencement of commercial services in the country.
HP unveils new line of Gen8 servers
Committed to improving data center efficiency lifecycle, Hewlett-Packard (HP) in collaboration with Intel Zion Processor has launched a US $300 million HP ProLiant Generation 8 (Gen8) servers, a new line of servers acclaimed to be “the industry’s most self-sufficient”.
BlackBerry bets big on apps, touchscreens
Research In Motion (RIM) on Tuesday unveiled a revamped BlackBerry platform that discards the smartphone’s trademark keyboard to embrace apps, touchscreens and other trendy features.
