BrandArena: July 2024

Friday 12 July 2024

Apple Vision Pro Expands to UK, Canada, Australia, France, and Germany

After selling out in the United States, China, Hong Kong, Japan, and Singapore, Apple's Vision Pro spatial computing headset is now available at Apple Store locations in the United Kingdom, Canada, Australia, Germany, and France.

FIAT Celebrates 125 Years with a Smile to the Future

FIAT commemorated its 125th anniversary with the "Smiling to the Future" ceremony at the "La Pista 500" in the Lingotto building in Turin. During the event, FIAT CEO Olivier Francois unveiled the company's vision for the next decade, introducing the Fiat 500e Giorgio Armani, epitomising Italian excellence, and the Fiat Grande Panda, signalling FIAT’s return to the global mainstream market. Additionally, the Pinacoteca Agnelli now hosts the new Casa FIAT exhibition, showcasing the brand’s history and its ties to the Lingotto building.

Thursday 11 July 2024

Airtel Unveils Smart Router for Enhanced Connectivity and Entertainment

Airtel Nigeria, a leading telecommunications company, has introduced the Airtel Smart Router, a new device capable of connecting up to 10 devices simultaneously.

Professional Fighters League Launches Africa League

...MMA Superstar Francis Ngannou Named PFL Africa Chairman

The Professional Fighters League (PFL), known for its rapid growth and innovation in sports, has unveiled PFL Africa, the first premium Mixed Martial Arts (MMA) league spotlighting top African athletes. The new league will feature a complete sport-season format with Regular Season, Playoffs, and Championship events across the African continent.

Black Pelican Group Celebrates 20 Years Anniversary ith 20km Ride

As part of its 20th-anniversary celebrations, Black Pelican Group; Nigeria's leading total interior solutions provider, partnered with Cycology, a cycling club promoting healthy lifestyles and social development, to organise a 20km ride on the 6th of July 2024.

Samsung Unveils Galaxy Z Fold 6 and Z Flip 6 with Advanced AI Capabilities

...Showcases New Earbuds, Smartwatch, Galaxy Ring 

Samsung has introduced the Galaxy Z Fold 6 and Z Flip 6, featuring the powerful Snapdragon 8 Gen 3 processor, optimised for generative AI processing and enhanced graphics performance.

Wednesday 10 July 2024

Nigerian Music's Global Ascendancy: A New Era of Afrobeats Dominance

Spotify has unveiled its Global Impact List in Nigeria, recognizing the top 30 tracks from Nigeria with the biggest global impact on Spotify over the first half of 2024. The list recognises Nigerian tracks that have had the most listens from outside Nigeria in the first half of 2024, and were released between January 1st - June 30th.

Zenith Bank, First Bank, and UBA Enhance Payment Processing by Joining Zone's Decentralized Network

Zone, Africa's leading payment infrastructure company, today announced that three of the continent’s largest financial institutions—First Bank, UBA, and Zenith Bank—have joined its decentralized payment network. The move follows Zone’s recent $8.5 million seed funding round, led by Flourish Ventures and TLcom Capital, and the launch of its decentralized PoS Payment Gateway, ZonePOS. These developments mark significant progress toward Zone’s mission of connecting all monetary stores of value through blockchain technology.

Innovate Africa Launches $2.5M Angel Fund to Empower Early-Stage African Startups

Innovate Africa, an angel investment fund dedicated to supporting early-stage founders in Africa, has officially launched with an initial $2.5 million fund. Co-founded by Kristin Wilson and Christian Idiodi, this sector-agnostic fund aims to back up to 20 startups in its first year, addressing pressing issues such as insecurity, unemployment, and poverty through innovative, purpose-driven technology.

Tuesday 9 July 2024

Minister Advocates for National Digital Economy and E-Governance Bill

The Minister of Communications and Digital Economy, Dr. Bosun Tijani, on Tuesday, called for support for the National Digital Economy and E-Governance Bill, emphasising that once enacted, the bill would provide a robust legal framework to accelerate the nation’s digital economy agenda.

FG Inaugurates Planning Committee for 30th Nigerian Economic Summit

On Tuesday, July 9, 2024, Senator Atiku Bagudu, Minister of Budget and Economic Planning, inaugurated a Joint Planning Committee for the 30th Nigerian Economic Summit (NES) in Abuja. This committee is tasked with shaping national development through the summit.

Monday 8 July 2024

Arab Africa Trade Bridges Program Marks Milestone Agreements in Tunis Summit

The Arab Africa Trade Bridges (AATB) Program has concluded its 4th Board of Governors (BoG) Meetings in Tunis, Tunisia, held alongside the Tunisia Africa Business Meeting (TABM) from July 2, 2024. The event stands as a significant milestone in bolstering trade, economic collaboration, and regional integration between African and Arab nations.

Jude Chiemeka Becomes New CEO of Nigerian Exchange Limited

The acting Chief Executive Officer of Nigerian Exchange Limited (NGX), Jude Chiemeka has been confirmed by the Nigerian Exchange Group Plc (NGX Group), effective July 1, 2024, after receiving approval from the Securities and Exchange Commission (SEC). Mr. Chiemeka has worked in an acting capacity for the role since January 1, 2024, following Temi Popoola's appointment as Group Managing Director and Chief Executive Officer.

Banji Fehintola Named New Executive Director of Financial Services at Africa Finance Corporation

Africa Finance Corporation (AFC), a leading provider of infrastructure solutions in Africa, has appointed Banji Fehintola as its new Executive Director of Financial Services, effective August 1. Banji will leverage his extensive financial expertise and leadership skills to drive AFC's strategic initiatives, fortify its economic standing, and propel its growth trajectory.

Sunday 7 July 2024

Open Startup Launches $50,000 Pre-seed Accelerator Program, Calls For Applications

Open Startup (OST) has announced a call for applications for its prestigious OST Program, aimed at nurturing the African startup ecosystem. In partnership with Columbia Engineering and Columbia Business School, the program targets early-stage startups and talented entrepreneurs from Tunisia, Senegal, and Morocco.

PAIX Data Centres Boosts Ghana Capacity to 1.2 MW with $30M Africa50 Investment

PAIX Data Centres, a premier Pan-African developer and operator of data centres, has announced the expansion of its Accra facility to 1.2 MW. This significant enhancement is set to bolster the digital economy by improving connectivity and fostering economic growth. Africa50, a prominent pan-African infrastructure investor and asset manager, has infused over $30 million in growth equity into PAIX Data Centres to support its market expansion and facility upgrades.

AFD Unveils Three-Pillar Strategic Partnership with Nigeria

The Agence Française de Développement (AFD) Group has announced a refreshed strategic plan for the next decade, focusing on three key pillars to enhance their collaboration with Nigeria. 

2024 Gender and Inclusion Summit: Policy Innovation Centre to Explore Strategic Pathways for Poverty Reduction

The Policy Innovation Centre (PIC), an initiative by the Nigerian Economic Summit Group (NESG), is set to investigate gender-inclusive strategies for poverty alleviation, focusing on critical areas such as health, education, and living standards. This effort will be showcased at the third annual Gender and Inclusion Summit, themed "Reimagining Gender-Inclusive Pathways and Partnerships for Poverty Reduction," scheduled for September 4-5, 2024, at the Abuja Continental Hotel in Nigeria.

Wednesday 3 July 2024

Sierra Leone: African Development Fund approves $20 million grant for youth and women jobs

The Board of Directors of the African Development Fund, the concessional window of the African Development Bank Group, approved a $19.95 million grant for an initiative to provide livelihood for Sierra Leone’s women and youth.

2024 NBA Academy Games Set to Return to Atlanta from July 10-14

The National Basketball Association (NBA) has announced that the 2024 NBA Academy Games will be held at Holy Innocents’ Episcopal School in Atlanta, Georgia, from Wednesday, July 10 to Sunday, July 14. This basketball showcase will bring together top high-school-age prospects from around the world.

Monday 1 July 2024

Ten African Startups to Receive Funding for Blue and Green Economy Innovations

BFA Global, FSD Africa, and the International Union for Conservation of Nature (IUCN) have announced the ten innovative startups selected as part of the Africa Blue Wave and Regen Wave initiatives. Each of the startup will receive $55,000 in funding to develop their solutions aimed at advancing the blue and green economy in Africa.

Meta Launches In-Stream Ads and Ads on Facebook Reels in Nigeria and Ghana

Meta has launched two new monetization features for eligible creators in Nigeria and Ghana: In-Stream Ads on Facebook and Facebook Ads on Reels. The new features introduced today will enable creators to earn money for producing original videos and building community engagement.