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Michelle Atagana: Managing Ed.
A fiery tweeter and digital native, Mich Atagana has been hanging around the internet since she was eleven, back in the days of Netscape. Later on, her interest lead to her graduating with a Masters Degree in New Media and Journalism, and her position as Managing Editor at Burn Media. She was named one of Mail & Guardian's top young South Africans in 2012, writes a column about technology in Africa for CNN, judges occasional startup competitions and spends her free time working on the final draft of her PhD. But Mich says she's just a girl, standing in front of a startup, asking them what their business model is.
If you had to pick any industry that Africa seems to have clung onto since its tech boom, it has to be ecommerce. For the most part, it's relatively easy to set up an ecommerce shop. There may be some logistical challenges, but it seems to be an easier industry to play in.
Ecommerce globally is a big deal these days, but the fall of EcoMom shed some light on online shopping's dark side. A telling report by the company's financial ...
"What exactly is a business plan?" a startup says to me. Life in Nigeria's booming startup scene is not like any other. "We don't really take on a lot of risk," he says to me, but the business he is running will probably hang on risks that he will have to start taking soon.
A business plan is not really a fully formed idea for some of the startups I have met. I ask about business models and revenue projections -- ...
Tech Venture Capital firm 4Di Capital today announced that Convergence Partners will join as the newest investor in its 4Di Capital Fund 1, as an equal limited partner alongside Reinet Fund S.C.A., F.I.S., and E. Oppenheimer & Son.
4Di Capital has made seven investments in South African ventures so far, and in 2012 announced its first profitable exit of mobile community startup Motribe Networks to Mxit, the largest social network in Africa. The addition of Convergence's investment to that made by ...
"The internet revolution is similar to the industrial revolution," said Nigeria's ICT Minister Omobola Johnson at Social Media Week in Lagos. "President Goodluck Jonathan said that we missed out on the industrial revolution, we shouldn't miss out on the internet revolution. Our lives revolve around technology today."
The tech minister, who has been travelling the globe collecting thoughts on how to improve Nigeria's tech industry, says that based on government assessment, Nigeria's tech sector showed growth in all sub-sectors even ...
If you're going to start an internet business in Nigeria, get ready to be screwed. That's IROKO Partners' founder Jason Njoku's biggest takeaway from the company's journey since its inception.
In the last three years, the company has become synonymous with Nigerian content using the infectiously popular Nollywood as a segue, but getting there hasn't been particularly easy.
The early days of the company mostly involved founder Njoku negotiating rights for movies in Nigeria. It's a not hard to see ...
Respected angel network, AngelHub, has stealthily relaunched as AngelHub Ventures (AHV) with new partners. This relaunch follows the buy-out of former company AngelHub by two of its angel investors, Michael Jordaan and Kevin Harris, taking the place of AH alums Keet van Zyl and Andrea Bohmert.
We had suspected that AngelHub would move in a different direction after Jordaan left his position as FNB CEO to play in the startup investment space. Given that he's always been one of AngelHub's most active ...
This weekend Dong Nguyen let the world know that his wildly successful mobile game Flappy Bird was ruining his "simple life". In a series of tweets, he explained that it had nothing to do with legal issues and he does not want to sell it -- he was simply done with it.
I am sorry 'Flappy Bird' users, 22 hours from now, I will take 'Flappy Bird' down. I cannot take this anymore.— Dong Nguyen (@dongatory) February 8, 2014
It is not ...
Things are going to be very interesting for African startups this year and Microsoft 4Afrika wants to be right in front for it. Today the initiative announced a new innovation grant for African startups designed to invest in notable startups that will help further Africa’s global presence.
According to the press statement, in addition to financial backing these startups will receive technical support and mentorship from Microsoft. Last year the tech giant expanded its venture's arm into Africa through this initiative ...
In the world of VCs and big money, being a small startup with very little funding can be nerve-wracking. With barely US$70 000, Mark Essien got ready to take on an emerging market startup juggernaut with a competing hotel booking platform.
Founded in 2012, Hotels.ng has raised US$250 000 -- the bulk of which came via Jason Njoku's Spark fund -- and it's fast becoming Nigeria's Booking.com.
Like most startup ideas, it was easy enough: build an online hotel reservation ...
Things are getting exciting with Heirs Holdings. The pan-African proprietary investment company founded by Tony O Elumelu has just announced its investment in Silicon Valley-based startup Planet Labs.
Founded in 2010, the tech startup specialises in Earth imaging satellite network with open data access. Last year the company launched a number of demonstration CubeSats, Dove 1, Dove 2, Dove 3 and Dove 4, which circle the planet in low orbit. Planet Labs' 'Doves' are supposedly "significantly cheaper to produce and ...