Category: e-Business

  • Infinix, Davido parley on mass empowerment

    Afro-pop superstar Davido, yesterday took Infinix Nigeria Lagos office by storm during a visit.

    The visit was centered on discussions about how the partnership can further empower more Nigerians – Davido being a highly influential personality in the musical art industry and Infinix mobility being a trend-setting smartphone brand, maintaining an indisputable profile for empowering its youthful and tech-savvy target audience.

    This cohesive partnership has since inception , served to inspire and empower young adults within their scope of influence, both locally and globally.

    A typical example of an initiative from both entities geared towards empowering youths and supporting creativity amongst young adults is the recently concluded #Infinixblowmymindchallenge that saw winners go home with a total cash prize of N500,000 and other amazing branded gifts.

    Infinix mobility unveiled Davido as its brand ambassador last year on the 8th of May 2018. It was a remarkable feat for both parties as Davido put pen to paper to sign the contract.

    Both brands- customers of Infinix mobility and fans of superstar Davido were excited about the new partnership; being fully persuaded of the greatness that this power-combination would birth.

    The pop star and brand ambassador after the visit took time to take pictures and converse with members of staff before leaving the premises.

    Asides from the courtesy visit being pleasant, it is also perceived to hold great promises as conversations struck between the brand and its ambassador, and as a result, series of great events are most likely to unfold in the nearest future.

  • Driving poverty alleviation, inclusivity through technology

    With a population of over 1.216 billion people, Africa has more that 500 million people living below the global poverty line of $1.25 a day. Bridging the gap between the haves and have nots through technology was the focus of a forum in Lagos. LUCAS AJANAKU reports

    Nigeria has been described as the world’s poverty capital. This is not for no reason. The gap between the rich and the poor has kept widening.

    A forum was organised in Lagos to braisntorm on how technology can be used to reduce poverty, promote social inclusiveness, improve standard of living and realise the Sustainable Development Goals (SDGs) of the United Nations (UN).

    An indigenous technology firm and technical partner to the Federal Government on the N-Power project, Softcom, which  hosted the  forum, beleives technology is central to poverty eradication.

    Its CEO, Yomi Adedeji, said the firm  was focused on addressing fundamental development issues tied to identity, payment, data and learning. He said these four pillars formed the bedrock upon which any development initiative would rest.

    He said: “For any development initiative to be successful, we have to first solve the issue of identity. This is because a one-to-all approach at solving development issues will make little impact and limit sustainability. Individuals function within economic clusters or communities. It is important to take cognisance of these peculiarities in designing any intervention programme.”

    The theme of the forum was: Combating Poverty: Role of Technology in Driving Social Change in Africa.

    The Senior Special Assistant to the President on Job Creation, Mr. Afolabi Imoukhuede, identified six pillars — identity, digital literacy, education, agriculture, financial services and health — that would facilitate social inclusion and national development.

    He added that strong government participation in policymaking, resource allocation and ecosystem development was required to fast-track development in these areas.

    Imoukhuede lauded Softcom and other partners for their technical expertise in implementing the N-Power project, describing Softcom’s intervention as the ‘eureka’ that brought government’s objectives to light.

    He said: “A traditional method of implementing the programme would have limited enrolment and training delivery to under 40,000 participants; however, with the aid of technology, the programme was able to enrol over 500,000 beneficiaries for the graduate and non-graduate programme across the 774 local governments in Nigeria.

    “Nigeria now has a transparent, replicable and scalable model that can be adopted across all tiers of government and for all types of development initiatives. N-Power will expand into other connected economic clusters that will ensure sustainability and inclusive growth.”

    The critical role technology played in the implementation of the N-Power project from the application stage to selection, training and remuneration processes was emphasised.

    On the platform, Adedeji said: “We designed a platform that guaranteed transparent recruitment, and beneficiary verification, which ensured that no ghost worker existed in the N-Power programme. In addition, the platform enabled effective and seamless multi-stakeholder collaboration.

    In his concluding remarks, Adedeji said: “In order to lift whole communities out of poverty and ensure inclusive growth, our development must be led by data and planning, not just ideas. We must take advantage of technology to identify and enrol our people into the National identity system so everyone can be known and verified; we must democratise quality education, ensuring equal access for everyone, and aggressively drive financial inclusion to ensure that money and the services associated with it are universally accessible.”

  • E-commerce braves odds in Nigeria

    Electronic or e-commerce has taken a deep root in Nigeria in spite of challenges associated with cost of data, logistics and others. Frontline e-commerce Jumia Technologies AG said it discovered that some of its independent sales consultants, JForce, connived with some sellers and employees to inflate sales figure to gain additional commission. In spite of this, it posted impressive result in its second quarter (Q2). BUSOLA ARO reports.

    Jumia Technologies AG  has discovered that some unscrupulous independent sales consultants connived with sellers and employees to inflate figures to gain additional commission.

    At the presentation of its Q2 report, it said this was one of its findings from a probe it carried out between January and June this year.

    The report reads: “We received information alleging that some of our independent sales consultants, members of our JForce programme in Nigeria, may have engaged in improper sales practices.

    “In response, we launched a review of sales practices covering all our countries of operation and data from January 1, 2017 to June 30, 2019.

    “We have terminated the employees and JForce agents involved, removed the sellers implicated and implemented measures designed to prevent similar instances in the future. The review of this matter is closed.”

    In the report, Gross Merchandise Volume (GMV), gross profit and increase in number of active consumers to 94 per cent was recorded. It also announced its  new partnership with the Nigerian Postal Service (NIPOST) to improve its level of delivery.

    Its co-CEO and co-founder, Sacha Poigonnec,  said: “ Comparing our Q2 in 2018 and Q2 in 2019, we  have done much more this year than we did in the last quarter, and this is  actually better than what we had stated in our financial strategy. We did great in  our revenue growth this year as we have improved from 51 per cent  to 69 per cent this year. We have focused in driving a strong  monetisation improvement, already visible in the Year-on-Year (YoY) of  94 per cent increase. We also have improved in our cost efficiency of about 5.62 percent.”

    The firm which is striving to increase its level of active consumers, is focused on finding more efficient  ways to reach customers; showing strong improvements with additionat 589,000 active consumer.

    Jumia Nigeria CEO Juliet Anammah said: “We have partnered with NIPOST to improve our level of delivery services in places that our logistics can’t reach. Also between Q1 and Q2 this year, We’ve had an increase in the number of consumers compared to the same period last year where we had 211, 000. So we’ve done much more this year than we did last year. We are happy that we have attracted more consumers despite the uneasy times in Nigeria and that’s why we are making the platform easy and convenient for our consumers.”

    Poigonnec said the firm witnessed great momentum in the business, especially as it delivered on four major pillars which are to grow GMV topline, increase monetisation, drive Jumia pay and improve efficiency.

    During the period under review, Jumia operated with a profit of 6.2 per cent, grew marketing and advertising by 17.5 per cent.

    ” We’ve increased our marketing  advertising services this year and have gotten a much higher growth because we did more of that this year. The commission has been rosy as well as our value added services. The goodnews is that we had break even positive in the first half of 2019 despite the reduction in our gross profit and what we have always promised is that we would break even by the end of 2022 thereby surpassing our financial strategies. We saved 562 basic points (bps) in 2019 compared to last year,” she said.

  • Skysat Technologies unveils printers

    Skysat Technologies Limited, the  partner of Konica Minolta in Nigeria and Ghana, has unveiled  printers it called the new ‘Bizhub i-series’ in Nigeria.

    Speaking at the launch in Lagos, its Managing Director/Chief Executive Officer, Izzat Debs, it would raise the bar in office documentation and digital printing space.

    He said the i-series is a product borne from the desire to rethink the role of multifunctional devices in business in the ever changing work place, adding that it comes with features to allow people complete their tasks efficiently and effectively from anywhere.

    “The i-series has been designed with user in mind, it is intuitive, safer, smarter, eco-friendly and has unlimited possibilities. With it, the office documentation landscape in Nigeria and West Africa will experience a quantum leap in efficiency and productivity.

    “This i-series will create value for customers and rethink the way multifunctional printers work for them.  It is a smart technology hub that fully embraces the way businesses are evolving,” he said.

    Its Executive Director, Ramzi Debs, added that the i-series would enhance office connectivity while preparing it to be future-ready.

    According to him, from operational improvements to digital transformation, the i-series would streamline business processes by powering new opportunities for productivity and innovation.

    “This i-series product has simple design and usability, it is stylish and its contemporary design boasts an intuitive smartphone-style user interface with a tilt able, floating 10 touchscreen panel and LED status indicators.”

  • ‘Embrace tech or die’

    Task Hospitality Ltd Chairman,  Sikiru Rufai has advised business organisations to embrace opportunities digital technology offers for optimal growth.

    He spoke at the the 2019 Lagos Digital Transmission Summit, organised by the Institute of Enterprise Management and Analytics (IEMA), in Lagos.

    The event brought together government representatives, business leaders, the academia, and technology-driven companies.

    He said for businesses to thrive competitively, individual and corporate organisations must identify their level of operation and core competencies and adopt digital applications where it has comparative advantage and grow in that direction.

    According to him, digital transformation is indispensable for everyone, adding that anyone who does not think along digital will crash because digital transformation is the future. “We must embrace  digital trasnformation in line with our level of operations and our destination, though it’s a process but we must key in,” he said.

    Rufai said innovation is key for all to be relevant, adding that the government must redefine the education curriculum to match with future demands in the business world.

    He said: “We all have roles to play, the government on whose shoulders rest the onus to show practical commitment should not be found wanting to deliver as expected, then corporate organisations and individuals must do their bids to meet up the challenges ahead of us because the world is moving fast.”

  • Nigeria’s, others’ mobile economy hit $150b

    Nigeria’s and other African mobile economy rose to over $150 billion last year. This is equivalent to 8.6 per cent of the region’s gross domestic product (GDP). It is forecast to generate almost $185 billion (9.1 per cent of GDP) by 2023, a new report by telecoms industry group, Global System for Mobile Communication Association (GSMA) has shown.

    The report, titled:  The Mobile Economy, Sub-Saharan Africa 2019, also said sub-Saharan Africa will remain the world’s fastest-growing mobile region over the coming years as millions of young African consumers become mobile users for the first time. It revealed that more than 160 million new unique mobile subscribers will be added across the region by 2025, bringing the total to 623 million, representing around half of the region’s population, up from 456 million (44 per cent) last year. Subscriber additions will be concentrated in high-growth markets such as Nigeria and Ethiopia, the report said.

    Commenting on the report, GSMA Head, sub-Saharan Africa, Akinwale Goodluck, said: “A new generation of youthful ‘digital natives’ across sub-Saharan Africa are set to fuel customer growth and drive adoption of new mobile services that are empowering lives and transforming businesses.

    “With mobile technology at the heart of sub-Saharan Africa’s digital journey, it is essential for policymakers in the region to implement policies and best practices that ensure sustainable growth in the mobile industry, and enable the transition to next-generation mobile networks.”

    The 2019 Sub-Saharan Africa edition of the GSMA’s Mobile Economy report series is being published at the ‘Mobile 360 – Africa’ event being held this week in Kigali, Rwanda. The new report also showed that  around 239 million people, equivalent to 23 per cent of the region’s population, use the mobile internet on a regular basis.

    It also showed that smartphones accounted for 39 per cent of mobile connections  in sub-Saharan Africa in 2018, forecast to increase to two-thirds of connections by 2025.

    “3G will overtake 2G to become the leading mobile technology in sub-Saharan Africa this year.

    “4G will account for almost one in four connections by 2025. However, 4G uptake is being dampened in some markets by the high cost of 4G devices and delays in assigning 4G spectrum. The region’s mobile operators are increasing investment in their networks and are expected to spend $60 billion (capex) on network infrastructure and services between 2018 and 2025 – almost a fifth of this total being invested in new 5G networks.

    “Sub-Saharan Africa’s mobile ecosystem supports around 3.5 million jobs, directly and indirectly, and last year contributed almost $15.6 billion to the funding of the public

  • ‘Why we launched in Nigeria’

    A new original equipment manufacturer (OEM), Vivo, said it launched in the country because its devices are targeted at the youth segment of the market.

    Country Manager, Vivo Nigeria, Felix Lu, who spoke during the unveiling of the firm’s new Y Series smartphones, said the devices were ‘inspired’ and powered by ‘youths’, stressing that users will get a first-class experience of professional grade photography, the Y15 and Y17 unveiled in the country.

    He said: “With ‘Powered by Youth’ as our guiding light, the Y Series is a clear example of our commitment to bringing advanced and premium features to our energetic and dynamic consumers from all walks of life in Nigeria and across the world.

    “The Y Series is made for the youth and we are bringing our latest photography innovations to many more young consumers through two stylish smartphones – the Y15 and Y17 – both under the Y Series family.”

    He said the devices include Powerful Artificial Intelligence (AI) Triple camera and halo fullview display that lasts due to a large 5,000 mAh battery to empower young consumers’ lifestyle.

    The Vivo Y15 and Y17  share the feature of a huge and powerful long lasting 5,000-mAh battery.

    “Creating the perfect shot is easier than ever with the vivo Y series’ AI Triple Camera. The combination of a 13MP Main Camera, 8MP Super-Wide-Angle Camera and the 2MP Depth Camera assists the user in capturing magnificent landscapes and beautiful portraits effortlessly. The AI Super Wide-Angle Camera can even expand your view to 120, so you can capture more,” Lu said.

    He added that the 6.35-inch Halo FullView Display provides the two phones with a screen-to-body ratio of 89 per cent for great visual impact with super narrow bezels on all sides. Despite the size and broad view, the 19.3:9 aspect ratio and the specifically designed gesture controls provide effortless one-hand control, he stressed.

    Lu said powering this amazing experience is a large, industry-leading 5,000 mAh battery which keeps the Y Series going for alonger time; more than enough for all your photography, video and gaming adventures. It should interest users to know that intelligent power-saving technologies extend battery life to make battery worries a thing of the past.

    The Y15 and Y17 provide such premium experience and offers a variety of specifications to meet the diverse needs of allconsumers.

    Y17: The Go-to phone for selfie lovers and Techies on-the-go

    The Vivo Y17 sports a 20MP FrontCamera to capture delicate facial details for clearer results. With AI Face Beauty to automatically enhance your facial features, you can easily capture the perfect selfie for your social media feed.

    For the techies who love using their smartphones on the go – The Y17 boasts of Vivo’s exclusive Dual-engine fast charging technology to re-juice the massive 5,000 mAh battery even quicker, making sure you can always be onlineanytime, anywhere. The technology also meets high safety standards, thanks to the nine charging protection technologies for battery and charging.

  • NTIT awards coming

    The Association of Telecoms Companies of Nigeria (ATCON) and Instinct Wave have partnered to promote the information communication technology (ICT) sector by celebrating excellence through awards.

    The awards tagged: Nigeria Telecoms & Information Technology Awards (NTITA),  in its third edition, will honour individuals and corporate organisations that have distinguished themselves in the last one year.

    The  event is scheduled for  September 28 at Oriental  Hotel, Lekki, Lagos.

    According to the organisers,  NTITA would reward and recognise not only the products and diverse innovations that kept the ICT and telecom sector thriving, but also the companies and people who make the industry great. The awards, the organisers said, are open to all players and stakeholders in the ICT ecosystem.

    Speaking on the strategic partnership, ATCON President, Mr. OlusolaTeniola, said: “This event will strengthen the symbiotic relationship between the mobile industry and the wider ICT ecosystem.”

    He said the occasion would provide an opportunity for stakeholders to network, entertain clients, and reinforce relationships with partners and reward staff members with exceptional performance.

    Instinct Wave CEO, Mr. Akin Naphtal, said the awards has grown  over the years, in participation and prestige; setting the highest industry standard for honouring organisations and individuals in the telecom  and ICT sector within Nigeria and beyond.   He added that the awards have become the benchmark for outstanding performances in the industry and a symbol of excellence that marks leadership, quality and innovation.

    “We are proud to have promoted success stories, technology advancement and disruption in one of the most dynamic business sectors in Nigeria in the last three years,” he added.

  • Tecno, Man City renew partnership deal

    After a successful three-year relationship, Africa’s most preferred smartphone brand, Tecno, has renewed its strategic partnership with  popular United Kingdom-based Manchester City Football Club.

    The renewal deal was sealed at an event in New Delhi, India. The deal is aimed at leveraging the global fan base of the two brands to ensure top of mind awareness for both parties. It also makes it possible for the brands to work together on many initiatives.

    Following the renewal ceremony last week in India, Tecno visited Nanjing, China for the first game during Man City’s Asia Tour. To crown the occasion, Man City recorded a 4-1 victory against West Ham United in the opening game of the 2019 pre-season tour of Asia.

    VP of TRANSSION Holdings and GM of Tecno, Stephen HA, said: “Tecno feels very honored that our brand will be with City players all through the year’s Asia tour. We believe that our blue spirit will be a winner.”

    Senior Vice President of Partnerships at City Football Group,  Damian Willoughby, said: “Manchester City prides itself on partnering with some of the world’s leading organisations, so we are thrilled to be announcing the renewal of our established partnership with Tecno Mobile. During the past three years, we have collaborated on a number of exciting initiatives that has engaged, connected and entertained our global fanbase.”

    Also, General Manager,Transsion Holdings, the parent company of Tecno, Chidi Okonkwo, said: “We are thrilled at the success of our partnership with Manchester City Football Club. This renewal of our partnership is the start of even greater things to come for the two brands and for Nigerians at large because Tecno is for Nigeria.”

  • ‘Technology crucial to cost minimisation’

    An indigenous information communications technology (ICT) firm, Pearly Bleuwaters International, has stressed the need for big and small, medium enterprises (SMEs) to embarce technology to lower cost and increase productivity.

    Its Chief Executive Officer, Victor Oshodi, who spoke at a forum organised by Nigeria Information Technology Reporters Association of Nigeria (NITRA) in Lagos at the weekend, said technology has answers to human challenges.

    Speaking on Bleu Intellect School Management System, he explained that it has reduced human interaction, enhanced productivity and saved cost.

    He said: “We develop well-crafted websites, true-to-life business solution software that engage business people successfully and meet today’s business challenges an our clients’ business models.

    “Some of our developed business tools include; Enterprise Resource Planning (ERP), E-invoicing, Inventory, Website Development and Management.”

    He said the Bleu Enterprise Resource Planning (ERP) is a software used for both big and small organisations for its centralised approach to business processes. “With it, you can collect, store, manage, and interpret data from various business units. It is used to automate back-office tasks and streamline cross-departmental workflows. When optimised, the solution can drive efficiency, lower costs and increase profitability,” he explained.

    ERP software is a suite that helps to manage core business processes, such as e-invoicing which he said is specially made to suite organisation needs, both SMEs and onglomerate businesses. It monitors and have adequate records of their daily business activities.

    “Electronic invoices help to reduce the amount of paper used for documenting and storing transaction information. Through e-invoicing sellers can dispense with a number of manual processes, such as printing, mailing, documenting, storing and reconciling paper invoices,” he said.