Tuesday, 23 August 2016

Mark Zuckerberg Donates $95M Facebook Shares In Charity

Facebook founder and CEO Mark Zuckerberg and his wife, Priscilla Chan, sold company shares valued at nearly $95million to fund their charitable efforts.

The price of the shares ranged from $122.85 to $124.31.

Late last year Zuckerberg and Chan promised to give away 99 percent of their shares in the company “during our lives” to charity. The pledge, then worth approximately $45 billion, came in a Facebook post on Dec. 1, 2015, announcing the birth of their daughter, Max.

The Chan Zuckerberg Initiative was formed to fund charities, companies and policies for “advancing human potential and promoting equality,” according to its website.

Zuckerberg's charitable giving is fast-becoming legendary in Silicon Valley.

Lagos Schools Record Improvement In Exam Results

The efforts by the Lagos State Government to raise the standard of education in the state is yielding positive  results as pupils and students record improved results in the 2016 Basic Education Certificate Examination (BECE) and Placement Test into the State Junior Secondary Schools conducted recently.

The result of the 2016 of the Basic Education Certificate Examination (BECE) released by the Lagos State Examination Board revealed that 128,149 representing 88.14% candidates, who sat for the examination, passed.

The Director, Lagos State Examination Board, Mr. Olufemi Hassan, who gave a breakdown of the population of students who participated in the examination, noted that out of the 145,393 candidates enrolled for the test, 77,982 representing 53.64 % candidates were from Public Schools while 67,411 representing 46.36% candidates were from Private Schools.

He explained that candidates who failed in English, Mathematics or both are to re-sit the failed subjects in line with the Basic Education Certificate Examination policy, adding that the re-sit will take place on 29th September, 2016 at designated centres to be announced later.

Jumia To Launch Its Own Mobile Money Wallet Jumia Pay

Leading pan African e­-commerce Jumia announced yesterday the launch of JumiaPay, a third party online payment solution aimed at providing a safer, faster and more convenient online payment experience.

The online payment solution JumiaPay is a first for e­-commerce Jumia and will most certainly be decisive in facilitating online payments across the 23 African countries where it operates, encouraging the progressive change to cashless societies. If the majority of payments performed on Jumia’s platforms is cash on delivery (between 70 to 90%), JumiaPay comes as a major milestone for improving customers’ online experience for the coming months and years, following in the footsteps of Chinese e­-commerce Alibaba and its online payment platform AliPay.

Jeremy Hodara, co­CEO of Jumia, emphasized the value added of the new payment platform for the online customer: ​ “Jumia Pay has a very simple yet crucial objective: go even further in providing a safe, a secure and a convenient shopping experience to our customers, building trust along the way between us, our thousands of sellers and our millions of customers. We are very proud to be able to offer this new service to our customers and participate in building financial inclusion in Africa to unbanked or underbanked populations”. JumiaPay will first  be implemented in Jumia’s biggest market, Nigeria, with more innovations to come before the end of the year.

The advantages of mobile money are central for e­commerce in African countries where mobile penetration is soaring and where the main challenges are to build trust for the customers and provide adequate payment systems. Indeed, already 50% of Jumia customers access the different platforms via their mobile phone, that figure reaching 70% in Nigeria. With its very secure payment system using a confidential code, mobile money payment is among the most trusted forms of payment across Africa. Mobile money also offers many perks for the customer.

Telecom M&A and Digital Convergence to lead Deal Activity in Africa

Converging technologies, expanding connectivity and telecom mergers and acquisitions (M&A) are predicted to be the main drivers of investment and deal activity in Sub Saharan Africa in 2016 and 2017, according to global news and events company, TMT Finance.

The topics will top the bill at the inaugural TMT Finance Africa in Lagos 2016 conference on Sept 20, which will gather over 60 international and regional CEOs, CFOs, strategy heads, private equity chiefs, and senior investment bankers, consultants and lawyers to discuss the latest investment strategies for telecoms, media & technology (TMT) across Africa.

TMT Finance is teaming up with IHS Towers, the largest mobile telecommunications infrastructure provider in Africa, Europe and the Middle East, to bring an international audience to Africa’s technology hub, Lagos, for the first event of its kind in Nigeria.

Emirates adds Guangzhou to its global list of A380 destinations

Emirates, voted the World’s Best Airline 2016 at the Skytrax World Airline Awards, announced Tuesday that it will operate its flagship A380 on services between Dubai and Guangzhou from 1st October 2016, the 67th National Day of People’s Republic of China. This follows the airline’s recent announcements of A380 deployment on its Milan and Johannesburg routes.

Guangzhou will join more than 40 destinations on Emirates’ extensive global network served by its highly popular A380 aircraft, including Beijing, Shanghai, Hong Kong, Taipei, London, Paris, Sydney, Toronto, Auckland, Bangkok, and Seoul.

Since the route’s inauguration in 2008, Emirates has been flying a two-class Boeing 777-300ER aircraft on its daily flights between Guangzhou and Dubai, and the airline has seen steady growth for its service on the route. Once the A380 service commences, it will increase capacity by 15% to meet the growing travel and trade demand from Southern China to Dubai and beyond.

Emirates will deploy its three-class A380 on the Guangzhou route, offering a total of 491 seats, with 14 private suites in First Class, 76 mini pods with lie-flat seats in Business Class and 401 spacious seats in Economy Class. Flight EK362 will depart Dubai at 10:20am and arrive in Guangzhou at 22:05. The return flight, EK363, will depart Guangzhou at 12:15am and arrive in Dubai at 03:50*.

SA Dermatologist awarded L’Oréal African Hair & Skin Research Grant

Dr Willem Visser, Head of Dermatology, Stellenbosch University has been awarded the L’Oréal African Hair & Skin research grant for his research on Acne keloidalis nuchae (AKN). The award is open to all dermatologists and African PhD students specialising in the science of skin and hair.

Acne keloidalis nuchae (AKN) is a skin and hair condition that predominantly affects males with afro-textured hair and patients of African or mixed descent. AKN affects the nape of the neck and produces pustules, results in permanent hair loss and large areas of scarring. AKN may also affect areas beyond the nape of the neck. Dr. Visser’s study aims to investigate the earliest manifestations of its spread. The descriptive study’s objective is to describe the dermatoscopic and histopathological features of sub-clinical or early acne keloidalis nuchae.
Dr Willem Visser

For patients or men in the community who are concerned about this disorder, the study aims to empower dermatologists to identify early markers of disease. For patients who are already diagnosed with AKN and in the care of a dermatologist, this study will aim to provide clinical tools to assess further spread of the disease. According to Dr Visser “If this disease is diagnosed early on, treatment may be initiated sooner and the distress associated with this disorder may be significantly lessened.”

The grant supports a one-year research project in Sub-Saharan Africa and the winner receives an amount of 10 000 Euros. The research grant aims to promote clinical and basic research on ethnic skin and hair physiology conducted by African scientists in Africa.

AU Passport: Nigeria’s tourism & hospitality industry might overtake the downstream sector by 2021 – Jumia Travel MD

Nigeria’s tourism and hospitality industry might overtake the downstream sector by 2021 if the recently launched African Union (AU) passport is adopted by the country’s legislators. This is according to Mr. Kushal Dutta, the managing director of Africa’s number one hotel booking portal Jumia Travel Nigeria, who further said the Pan-African Passport will allow free movement of domestic tourists into the country.

Kushal made the remark last weekend while fielding questions from journalists on the potential of the Nigerian tourism and hospitality industry as an alternative to boosting the country’s economy. According to him, the opportunities presented by the unified African passport supersede the threats, especially now that Nigeria’s mainstay which is oil might not be sufficient to grow the economy; if the country’s Sustainable Development Goals (SDGs) are to be achieved.
Mr. Kushal Dutta


He also noted that the reality of the dwindling oil prices as a result of the fall in foreign exchange is now being felt across all sectors and as such, many industry experts are daily brainstorming on diversification opportunities to prevent the country from going on recession.

“In Nigeria, industry leaders have highlighted the hospitality industry among the sectors with the most opportunities for growth in the next five years. Breaking the barrier of free travel for other African countries to come to Nigeria is a potent way of enhancing the growth of the hospitality industry. Although, there is no gainsaying that the unified AU passport will also have some demerits such as unmonitored inflow of migrants and perhaps criminals from one country to another,” he said.

“Why Add More” Campaign Breaks

Amstel Malta, one of the leading malt brands from the stable of Nigerian Breweries Plc (the foremost brewing company), recently launched a new credential campaign tagged Why Add More.

The Campaign which is currently storming the airwaves and billboards across the country was introduced to re-inforce the brand’s positioning as the Premium Malt Drink, with an Original Formulation that contains Less Sugar and is enriched with essential vitamins and minerals.

The campaign leverages relatable metaphors and humor to portray the idea that adding more unnecessarily, could spoil the balance.

(L-R): Kufre Ekanem, Corporate Affairs Adviser, Nigerian Breweries Plc; Ruth Osime, Editor, ThisDay Style; Mrs. Ngozi Princewill-Utchay, CEO, Artelier Lifestyle Consultants; Chidike Oluaoha, Senior Brand Manager, Amstel Malta; at the official launching of Amstel Malta’s new campaign, Why Add More held in Lagos… recently
The TV commercial shows a wedding reception scenario, where the best man gives an eloquent speech which should have ended with a toast to the bride and groom but instead decides to add more, unnecessary entertainment, which did not go well with the celebrants and guests.

In referencing the campaign, The Portfolio Manager - Non Alcoholic Drinks, Nigerian Breweries, Mr.Olayinka Bakare said “The Why Add More campaign, touches on a fundamental truth about our esteemed consumers and the Amstel Malta Brand. The campaign is truly world class and will further re-enforce Amstel Malta’s place as the Premium Malt Drink, with an Original formulation that contains Less Sugar and is enriched with vitamins and minerals” he stated.

Facebook team up with She Leads Africa to empower female African entrepreneurs

Facebook is throwing its weight behind She Leads Africa, an African enterprise and women’s business-focused movement, to help ensure female entrepreneurs and professionals across the world unlock their full potential. She Leads Africa’s hugely successful bootcamp programme, SheHive, was held in London from August 18th-21st 2016.

The four-day event took place at Facebook HQ in London and featured some of the city’s leading African and diaspora entrepreneurs and business women, who shared insight and advice, as well as lead workshops on building business skills for the future. She Leads Africa has built a global community of more than 100,000 members across Africa and the diaspora in just two years.

“Facebook is where African consumers connect with African entrepreneurs, with millions of people across the continent using our platform to communicate with small businesses each month,” said Akua Gyekye, Public Policy Manager for Africa at Facebook. “Over 60 million businesses are using Facebook to help grow their business and connect with customers. While many of the owners and founders are African women, there should be more. That’s why we are delighted to support She Leads Africa as it enables young African women to connect, learn and share in a supportive and inspirational environment.”

African Basketball League Featured On BBC African Business Report

Leading Sports and Entertainment Company in Africa, African Basketball League, has been featured on BBC African Business Report, a program that shines the spotlight on striving African Businesses in Africa.

This is a milestone for African Basketball League, a league barely 8 months in existence to be featured on a prestigious platform such as BBC.

In the interview with BBC’s Correspondent, Ijeoma Ndukwe, the CEO of ABL , Ugo Udezue ,stated that he returned to Nigeria  with the vision of developing Sports in Africa. Building the Basketball brand in Nigeria and Africa is ABL’s number one focus, they will continue to roll out sports across West Africa and hopes within few years make the game of Basketball more popular across the continent.

Monday, 22 August 2016

Noah’s Ark Bags Three Awards At 2016 #Loeries Awards Ceremony

Nigeria’s advertising agency Noah’s Ark Communications Limited won three major awards at the Lories Creative Week which took place in Durban, South Africa last week.

The new generation creative firm clinched Silver in the newspaper advertising category for its Boko Halal (the young bookworms) campaign which featured in Muhammadu Buhari, Idriss Deby, and Paul Biya; Bronze in the magazine advertising category for its UAC Foods Gala Snacks campaign and Bronze in the outdoor media category for its Multipro's HYPO advert.
Mr. Lanre Adisa,
Managing Director of Noah's Ark Communications

Noah’s Ark during the 2015 LAIF also won several awards for the campaigns, including the only Grand Prix of the event.

A total of 316 awards were handed out over the two nights selected from 3112 entries from 22 countries across the Africa Middle East region. There were eight coveted Grand Prix winners with Nando’s the big winner of the awards winning two.

ISON Calls for Greater Focus On Employment Generation and Retention

iSON, Nigeria’s foremost leader in the IT and ITeSs has called for more private/public organizations to create opportunities to drive employment generation in the face of rising unemployment statistics in the country.

Recently, the company; a GPTW Nigeria award winner, announced ambitious plans to employ 20,000 Nigerian youths by 2017 following its meteoric rise in almost 5 years to become an influential thought leader in its market.

Founder and Chairman of ISON group, Mr. Ramesh Awtaney, says, “iSON prides itself on being THE place to work. We’ve created a work environment that truly reflects our values and work ideology and are passionate about inspiring employment generation especially in a country with over 60% unemployment rate in our country.”
Mr. Ramesh Awtaney
“But more than that, we not only provide jobs, with an attractive talent pool, we also believe in building careers. One of the ways we can forestall the upsurge in unemployment in the country is to offer platforms to not just attract young Nigerians but also build and nurture them in their desired career path,” he added.

iSON Group provides its services largely in the Africa region. The group has a presence in Burkina Faso, Burundi , Cameroon, Chad, Congo B,  DRC, Ethiopia, Gabon, Ghana, Kenya, Liberia, Madagascar, Morocco,  Malawi, Niger, Nigeria, Rwanda, Sierra Leone, South Sudan, Senegal , Seychelles, South Africa, Tanzania, Uganda and Zambia.

SA movie, Noem My Skollie makes history

The screening of the movie, Noem My Skollie, at Pollsmoor prison made history, as the first feature film in South Africa, to premiere at a maximum security prison before its national release in cinemas.

On Tuesday, 16 August, the film was screened to an audience of about 150 people, including wardens, about 20 inmates from the Arts and Culture group, some invited guests from NICRO, and Artscape - who are collaborating with Norwegian partners on a theatre project involving prisoners and parolees, called Help I am Free.

The movie was also screened on Wednesday, 17 August, excluding members of the public and media, in a bid to reach more of the inmates. 130 male and female prisoners attended this event. The following day another screening was arranged for 130 prison wardens.

John Fredericks, the writer; Daryne Joshua, the director; and David Max Brown, the producer, answered questions after the screening. Prisoners commented on the authenticity of the film and also mentioned how it inspired them with hope for their own dreams and aspirations.

Kano Shines At 2016 Cowbellpedia TV Quiz Show

…Picks First Semi-Final Ticket For The North

On a day four States from the North fell in the battle, Master Abdullahi Shuaibu Maje excelled for NTIC Boys High School, Kano, Kano State in the on-going Cowbellpedia Mathematics Television Quiz Show. After two preliminary rounds, Abdullahi picked a semi-final ticket for his school, and the first from any state in the North in this competition.

Maje  a 13 year-old JSS 3 student engaged Efosa Osagiede of Obafemi Awolowo University International School, Ile Ife; Nyemike Atoh of Loyola Jesuit College, Abuja; Glory Okoli of The Ambassadors College, Ota, Ogun State; Victor Mgbemena of Graceland International School, Port Harcourt, Rivers State; and Muhammad Hasimu of Government Junior Day Secondary School, Dangikka Bakaro, Bauchi, Bauchi State.

Maje who scored 97 percent in the qualifying examination to emerge as the State representative, joined Okoli who scored 98 percent, in the semi-finals.

Maje, a first timer in Lagos and in the competition, was upbeat about his performance and promised to maintain the momentum till the final. “I want to excel and win the ultimate prize. The competition is a good experience for me. Winning it will be a fantastic achievement for me and my school. My parents and my teacher will be very happy, even my State governor too,” he said.

Goldberg Announces Support For Udiroko Festival

Goldberg Lager Beer has thrown its weight behind the Udiroko festival, Ado-Ekiti’s annual flagship festival which holds this year on Tuesday, August 23rd. The brand which is the leading beer promoter of the culture of the people of South-West Nigeria has promised to add grandeur to the festival as a way of celebrating the befitting tradition of the people of Ado-Ekiti.

Speaking on the sponsorship, the Portfolio Manager, Regional Mainstream and Stout Brands, Nigerian Breweries Plc, Emmanuel Agu, said: “As a brand that has been worthy partners with the Southwest region and catering for the cultural needs of the people, we are committed to championing causes that add value to the cultural heritage of the people of Ado-Ekiti through the Udiroko Festival.” 

Mr Agu also added that the highlights of the brand’s support for the festival are two gala events scheduled for Saturday August, 20, 2016 and Sunday, August 21, 2016. The gala events would precede the main event scheduled for the palace of the Ewi of Ado-Ekiti on Tuesday.

Goldberg Lager beer also sponsors other cultural festivals that showcase and celebrate the rich traditions of the people of the South West region of Nigeria, such as the ongoing Osun Osogbo Festival.