Tag: Iroko

  • iROKO raises $19 million for Nigerian films

    iROKO raises $19 million for Nigerian films

    Online marketing platform for Nollywood films, iROKO, has brazed up for a more aggressive commercial year in 2016, with its announcement of multiple deals totaling $19m, both in content development and capital funding.

    The deal, according to the mobile entertainment and internet TV Company, is coming from French media giant CANAL+, its existing investor Kinnevik AB, and personal cash flow.

    This is coming few weeks after Hollywood online entertainment distribution giant, Netflix announced it is coming to Africa.

    Management of iROKO believes that its new deal will help scale its operations and expand aggressively across the continent.

    The new deal puts its total funding to about $40 million, having raised $8 million from Tiger Global and Kinnevik in 2013, and added Rise Capital to close the series D round.

    iROKO is expected to channel the investment into local content financing and production, as well as its product and engineering teams in Lagos and New York to produce at least 300 hours of original content in 2016.

    The deal is also bringing Jacques du Puy, President of Canal+ Overseas into the board of iROKO, as the partnership is expected to scale-up film production and distribution in French-speaking African countries.

    “With millions more Africans poised to come online via mobile in the coming years, our mission is to lead viewers to content they’ll love. This is something the vast majority of the continent struggles with today. We hope to bridge that divide, and this additional investment supports such a plan. For us, there is no version of reality where the marriage between Africa’s most powerful communication tool [mobile] and the most prolific and loved entertainment provider [Nollywood] won’t be a joyous union,” says Jason Njoku, CEO and Co-founder of iROKO.

    According to Njoku, “Mobile phone subscriptions in Africa are almost at 1 billion and by 2019, it is predicted that smartphone handsets, with which viewers can watch content, will make up 73% of the continent’s devices,” adding that “The challenges surrounding mobile TV in Africa are mighty, but not insurmountable.”

    iROKO which currently has a mobile app for Africa, holds distribution deals with Canal+, BA, Emirates, Nollywood TV and Lebara and has two Linear TV channels on Africa’s Star Times.

  • How Jason Njoku  won YNaija’s Person  of the Year 2013

    How Jason Njoku won YNaija’s Person of the Year 2013

    Y! Magazine and YNaija.com last Monday announced Nigerian technology entrepreneur, Jason Njoku, as the Person of the Year 2013.

    The founder and Chief Executive Officer of iROKO beat Alhaji Aliko Dangote, Dr. Mike Adenuga, Dr. Akinwunmi Adesina and Sim Shagaya for the honour.

    According to the management of the online publication, Njoku was honoured for creating a globally recognised business from the scratch, continuously innovating, setting standards for others to follow, building a generation of young business people that might just change Nigeria and inspiring a whole new generation to believe in themselves and their dreams.

    Njoku’s iROKOtv has built peerless library of contents reaching 178 countries, with about a million visitors a month.

    Only last month, iROKO was said to have successfully raised $8 million in venture capital from a group of international investors led by American hedge fund and Facebook investor, Tiger Global.

    This unprecedented feat-even for startups across the world-brings iROKO’s tally to about $21million raised in two years of doing business, thereby making it one of the most heavily-funded businesses in all of Africa.

  • UNN bids farewell to ‘the eagle on the Iroko’

    UNN bids farewell to ‘the eagle on the Iroko’

    The Senate of the University of Nigeria (UNN) yesterday held a special session for the late Prof. Chinua Achebe at its Enugu campus.

    The late author was confirmed dead after the roll call of professors by the registrar, Chief Anthony Okonta.

    The main hall was filled to capacity, so also were the jumbo-sized canopies.

    After the registrar called the late Achebe’s name three times and there was no response, the Vice-Chancellor Prof. Barth Okolo reconfirmed by another call and later declared: “Dear Colleagues, ladies and gentlemen, it is quite unlike Emeritus Prof. Chinua Achebe, our revered man of letters, the literary giant, the Eagle on Iroko, to stay silent at the mention of his name.

    “For the avoidance of doubt, may I call his name just one more time: Emeritus Prof. Chinua Achebe! Truly, this is a solemn confirmation that the earthly sojourn of our revered colleague, Emeritus Prof. Chinualumogu Albert Achebe, our compatriot who rose to become a citizen of the world has come to an end. It is, therefore, with profound grief and regret that I preside over this special senate in his honour.

    “May I pause, therefore, to formally announce the passing of a highly revered colleague, a truly distinguished academic of international status and one of the finest academics that the University of Nigeria has ever produced. So, today, we are gathered for the primary purpose of paying our last respects to our colleague, Emeritus Prof. Chinua Achebe, one of the best creative minds of our generation. I am talking about a man who told the story of Africa in over 50 different languages. In doing so, he brought various aspects of the political history and socio-political existence of Nigeria to the attention of the world. In the same vein, his association with the University of Nigeria continues to be a source of immense pride and inspiration to all of us.

    “In his lifetime, he enjoyed a larger than life image as a world renowned literary giant. In addition to winning many literary awards, his creative works, which often had prophetic undertones, drew worldwide attention to African literature.

    “While the world mourns Prof. Achebe for his literary prowess, especially his contribution to the development of African literature, the country mourns him for his unwavering patriotism. It was this patriotism that drove him into being a social critic and commentator. His classic work, ‘The Trouble With Nigeria’ remains an unmatched commentary on the state of our nation. Here, at the University of Nigeria, we mourn him for his unique contributions to the development of our university and for the enormous visibility he brought to our university through his creative works, even in his death. Expectedly, his passing will leave a void in our hearts and in our university, where he is revered as a great academic and administrator. He will be remembered as a remarkable teacher, an astute administrator, a creative genius, a story teller and author of extra-ordinary ability. In addition, our Institute of African Studies which he headed during a remarkable period of growth and The Okike Journal, which he founded, will continue to serve as worthy and enduring monuments of the remarkable career of this great man at the University of Nigeria.

    “Dear colleagues, here lie the remains of a man of extraordinary achievements, who had travelled the entire world for his ability to tell a story like no other. He may have been talented, but it is easy to see the place of hard work and dedication in his achievements. After suffering a near fatal accident, which confined him to a wheel chair for the last 2 decades of his life, he continued to work and make headlines for all the right reasons. His ability to deal with adversity, his sense of patriotism and his dedication to scholarship all leave us with inspiring examples to follow.

    “May we all find some comfort in the knowledge that Emeritus Prof. Chinualumogu Achebe lived a truly remarkable life and, through his many creative works, left indelible footprints in the sands of time. He will, therefore, continue to live in the minds of tens of millions all over the world, whose lives he touched with his writings.

    Professor Achebe was also a devoted husband to his dear wife, Christie and a loving father and grandfather to his six children and many grandchildren, respectively.

    May our thoughts also go out to his grief-stricken family as they come to terms with the reality of the demise of their husband, father and grandfather. May they also be comforted by the inspiring memories of the exemplary life he lived.

    “May Prof. Achebe’s soul rest in peace. Fare thee well, great scholar, administrator, writer, poet and story teller. Fare thee well, The Eagle on Iroko. Fare thee well, Emeritus Prof. Chinualumogu Achebe. Fare thee well.”

    The casket was driven in a long convoy to Awka.

     

  • The eagle on Iroko has flown home

    November 16, this year Chinua Achebe would have been 83 and so the yearly celebration to mark his birthday, an annual ritual for the literary world would at least assume a different form from this year. From primary school at St Phillips Central School Ogidi, Anambra State and Central School Nekede, Owerri, Imo State, Achebe left his footprints as a very brilliant student having obtained full scholarship to Dennis Memorial Grammar School Onitsha and Government College Umuahia. At Umuahia he completed his secondary school in a record four years instead of the five, passing the Cambridge ordinary level with five distinctions and one credit. The credit ironically was in English Literature. For a student nick-named “Dictionary”, he must have felt disappointed.

    He proceeded to University College Ibadan through a nation-wide entrance examination. At Ibadan, he was admitted to study medicine but changed to the arts at the expense of losing his bursary scholarship and had to pay tuition. After graduating, Achebe moved on and commenced a career with the Nigerian Broadcasting Service (NBS) in 1954.He moved rapidly up the ladder and was appointed Director of External Broadcasting. Whilst at NBS, he utilised his spare time in writing.

    The turning point however was an encounter at Ibadan with his English professor who told him that his entry in a short story competition” lacked form”. Achebe declared thereafter “it dawned on me that despite her excellent mind and background, she was not capable of teaching across cultures, from her English culture to mine. It was in these circumstances that I was moved to put down on paper the story that became Things Fall Apart.

    Yet, Things Fall Apart, the epic ground-breaking novel would have been lost to the world. Achebe himself told the story of how in his naivety he sent the original and only manuscript of the novel to a typing agency in London for an expert touch in typing and preparation for publishing. Strangely the agency went to sleep after receiving full payment of £32 (thirty two pounds) from Achebe. In 1956, this was a lot of money. Anyway by some fortuitous turn of event, his colleague at NBS, an English lady, Angela Beattie’s intervention saved the day and the agency returned to Achebe a typed and well prepared work ready for publishing.

    Achebe once reminisced “I look back now at those events and state categorically that had the manuscript been lost, I most certainly would have been irreversibly discouraged from continuing my writing career.” And the world never would have read such intriguing, captivating and enthralling stories of not only Things Fall Apart where Achebe expressed himself in naked gratitude to his Igbo culture and history but also No Longer At Ease, Arrow Of God, A Man Of The People, Anthills Of The Savannah etc. Nigerians especially would probably not have known Achebe’s perspective in what is arguably the most lucid diagnosis and remedy of the Nigerian problem in The Trouble With Nigeria. And indeed a most revealing account of the Nigeria-Biafra war may also have been lost in There Was A Country.

    Achebe was not just a great story-teller; he was a literary Pan-Africanist. Through his writing he contributed immensely in redirecting the orientation of the rest of the world on their dim perspective of African culture and history. He was literally saying particularly to our colonisers – before your arrival, we had a story and are proud to tell it. One of the more common features in the barrage of tributes and eulogies following the news of his death is that he was a patriot apart of course from his obvious literary feat. This is just as well because in his essays, lectures, interviews, books etc he had continued to engage the Nigerian question by not only pointing clearly at what the problem is in “The Trouble With Nigeria” where he put the problem squarely on leadership but also by suggesting remedies. His now famous rejection twice of the national honours was not as disrespect to Nigeria but as a protest of inept leadership. Similarly when he ignored sometime ago an appointment to the board of the Federal Radio Corporation of Nigeria (FRCN) made over the radio, he was simply telling the government that things are not done that way.

    Achebe’s long sojourn in the USA following a road accident which consigned him to the wheel chair for over two decades until his death did little to limit his intellectual contribution to the Nigerian project. Not long ago he gave a reverberating keynote address via video-conferencing at the 25th anniversary of The Guardian newspapers in Lagos, also his son Chidi Achebe delivered on his behalf an address at the Rainbow Book Club literary conference in Port Harcourt. Only recently, at the 2012 Achebe Colloquium on Africa held at Brown University Rhode Island USA December 2012, the large gathering of intellectuals brainstormed on the theme “Statecraft in the African Renaissance Amidst Regime Change”. His Excellency Babatunde Fashola, governor of Lagos State personally delivered a much acclaimed paper.

    Achebe’s’ contribution to the Ahiajoku Lecture Series will remain invaluable reference material for a long time in the future. He was a man who naturally respected money and material acquisition but had clearly delineated boundaries which they did not cross. The story is told of a popular American musician who chose to title his upcoming film “Things Fall Apart” and when informed that Achebe had a copyright to the title he bragged that he would pay him off and offered a million dollars which Achebe rejected, informing him the title was not for sale not even for one hundred million dollars. Achebe would be leaving not only a legacy of principle, forthrightness, uncommon courage, classic story-telling etc, but an intellectual family of a wife who is professor of psychology, four children, two of whom are professors of history, one assistant professor of medicine and the other a writer all in the USA. Recognition, honour, awards etc, competed for his attention.”Things Fall Apart” published in 50 languages and selling over 12 million copies contributed enormously in making Achebe easily the most widely read African Writer on the globe. Just to mention a few from the Publisher’s blurb—he received the Honourary Fellowship Of The American Academy Of Arts and Letters, honourary doctorate degrees from more than 30 institutions, Nigerian National Merit Award , Nigeria’s highest award for intellectual achievement. In 2007 he won the Man Booker international prize for lifetime achievement. Many expected he would have received the Nobel Prize for literature; the fact that he did not, never, in any way diminished his stature as the leading African writer in the world.

     

    • Emeana sent this piece from Abuja.