Pro-aid activist, Bob Geldof abandons aid for trade. While this is a move in the right direction, should he still be seeking money for the continent? What’s your viewpoint? Share your thoughts… via Reuters Bob Geldof plans to raise $1 billion for an African investment fund to be called 8 Miles, according to a person [...]

President Goodluck Jonathan to run for the Presidency… via AllAfrica Abuja — President Goodluck Jonathan yesterday told PDP state governors he will run for president in next year’s elections and will make a public announcement to that effect on September 18, ending months of speculation as to whether he will seek the ruling party’s nomination. [...]

Press Release: Announcing The Future Entrepreneurs Development Programme! Check out the press release below from the Future Nigeria announcing The Future Entrepreneurs Development Programme – CP-Africa (THE FUTURE NIGERIA) – Are you a young or aspiring entrepreneur who wants to learn the fundamentals of how to run a business in Nigeria from some of Nigeria’s [...]

Google and Huawei launched a $100 or 8,000 Ksh Android phone called “Ideos” in Kenya today. The phone runs on Android 2.2 [Froyo], features a 2.8-inch capacitive touchscreen, 528MHz processor, 3.2MP camera, brightness, proximity and accelerometer sensors built in, and MicroSD storage. Available in black, yellow, blue, and purple, the IDEOS supports functions such as voice [...]

Yet another inspiring video on CNN about talented Nigerian singer/song writer, Nneka. Here she talks about injustice in Nigeria/on the continent and why she has decided to act as a voice for the people. Heartbeat & Africans are featured.

Nigeria’s economy will hit double-digit growth by the end of 2011 or early 2012, the country’s finance minister has told the BBC. Olusegun Aganga’s prediction comes after the Nigerian economy grew by more than 7% in the first half of this year. Mr Aganga said the government’s ambitious programme to build new infrastructure and to [...]

Global consulting firm, McKinsey & Company has focused much of its recent research on the continent’s growth prospect. Despite the good news the company wonders, is all this  growth sustainable? They conduct an interview with Absa Bank’s CEO, Maria Ramos, President of Coca Cola South Africa, Bill Egbe and Nobert Door, Head of McKinsey’s sub-Saharan [...]

We had earlier featured a post on Actis, the emerging markets private equity firm with significant and profitable private equity investments across the continent. CNN recently sat down with Ngozi Edozien, an Actis executive. Nigerian-born Edozien was appointed head of Actis’ West Africa operations in June 2009. Before that she was the founding chief executive [...]

Zain Nigeria has recently introduced a service that will enable Nigerians access Facebook, Twitter and Yahoo via SMS. This service is intended for Zain users who do not have internet data access. Users are expected to gain access to the sites by sending SMS to specified numbers. According to Deepak Srivastava, Zain Nigeria’s Chief Operating [...]