The deal gives Warner Music’s ADA division access to Africa’s largest catalogue and A&R network, as well as enabling WMG to establish a presence in many African markets for the first time. ADA will work closely with Africori to distribute and promote its artists internationally through Warner Music’s global network. It will support Africori’s distribution activities on its existing catalogue…
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#EntrepreneurIt. – Strive Masiyiwa.
Over the Christmas holiday, I got a seasonal greeting from a former employee who recently launched his own start-up since leaving the company. It is based in South Africa, operating out of his home, and he now has customers all over the world, including UK, US, Africa and even Dubai! He has 800 customers, some of whom travel to SA…
Read More#Competition is good (Part 3) – Strive Masiyiwa
Did my grandmother invent Coca-Cola? In the Business Wars podcasts, one of my favorite battles is Coca-Cola vs Pepsi. It is the stuff of legends and a battle that goes on to this day. I have known about the history of Coca-Cola for decades as I also own a Coca-Cola bottling franchise. After I first read about how it was…
Read MoreTotal Acquires Tullow Entire Interests in the Uganda Lake Albert Project
Total (Paris:FP) (LSE:TTA) (NYSE:TOT) and Tullow have entered into an agreement, through which Total shall acquire Tullow’s entire interests in Uganda Lake Albert development project including the East African Crude Oil Pipeline. The overall consideration paid by Total to Tullow will be $575M, with an initial payment of $500M at closing and $75M when the partners take the Final Investment…
Read MoreFacebook Strikes $5.7 Billion Deal With India’s Richest Man.
Facebook has become the largest minority shareholder in Indian oil and telecoms tycoon Mukesh Ambani’s cut-price Jio mobile internet network with a $5.7 billion deal. KEY FACTS Facebook and Jio said they planned to work together to connect India’s army of 60 million small shopkeepers, known locally as kirana, with WhatsApp users via the mobile network’s eCommerce platform. The deal is Facebook’s largest…
Read MoreAfrican Union Development Agency and Ecobank Group to support African Micro-Small-Medium Enterprises
MSMEs which form a large part of individual economies in Africa have little or no absorption capacity to the effect of the pandemic AUDA-NEPAD Chief Executive Officer Dr. Ibrahim Assane Mayaki and Ecobank Group Chief Executive Officer Mr Ade Ayeyemi have agreed to collaborate on a continental initiative to support African Micro and Small-Medium Enterprises (MSMEs) as they face the…
Read MoreBrand Finance ranks MTN Group as Africa’s top telecoms brand.
MTN has been awarded the most valuable telecom brand in Africa in a recent annual report by Brand Finance, a leading independent brand valuation consultancy. The report stated that MTN’s brand value was boosted by a solid overall performance for the year, despite challenging economic conditions and regulatory challenges in some markets. Brand finance also recognised MTN for its focus…
Read MorePause: Soon it will be Africa’s turn, to feed the world – Strive Masiyiwa.
_Let’s grow entrepreneurs and transform food! A year ago this week I was in Davos, Switzerland to hold a fireside chat about innovative ways to support and inspire young entrepreneurs in the agri-food sector. We also shared ideas of how to improve the whole ecosystem in which agribusinesses operate, across the African continent. We called our emerging start-up vision: “Generation…
Read MoreSamsung achieves industry’s highest 5G speed.
Samsung Electronics has today achieved the industry’s fastest 5G speeds in a lab demonstration that combined 800MHz of mmWave spectrum with MU-MIMO (Multi-User, Multiple-Input, Multiple-Output) technology. Using two test mobile devices, the demonstration achieved approximately 4.3Gbps speeds on each, reaching an industry peak speed of 8.5Gbps across both devices. In order to achieve the speed, two key technologies were used:…
Read MorePause: Turn your indignation into a force for innovation! – Strive Masiyiwa .
Going through podcasts like #Business Wars, you will by now have realized that some of the greatest entrepreneurs were motivated by an indignation they felt over injustice, mistreatment, or simply a bad service. As an entrepreneur never waste your energy on unnecessary complaints; turn it into an energy to produce something better! Let me give you a recent example: I was looking…
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