Nigeria’s Entertainment and Media Market Now Worth More than US$4 Billion.

PRESS RELEASE

Digital fuels growth in Africa’s entertainment and media industry: PwC report

-       Nigeria’s entertainment and media market grew by 19.3% in 2014 to reach US$4 billion. By 2019, the market will be more than twice as big, with an estimated total revenue of US$8.1 billion.

-       Excluding Internet access, television, filmed entertainment and video games are the areas where Nigerian consumers are expected to spend the most over the next five years.

-       Piracy continues to remain a problem in Nigeria, limiting growth across several entertainment and media sectors.

IFC Partners With Energynet To Deepen Investments in Nigeria's Power Sector

Nigeria’s Economy Leading the Way in Africa 
Nigeria is currently positioned as the largest economy in Africa and is poised to become the largest market in Africa for IPP projects. As the country aims to increase total installed capacity to 20,000MW by 2020 and with the unbundling of the oil and gas sector, and privatisation of the power sector underway, new generation capacity is going to rely solely on private sector investment. Government, public sector institutions, investors and power producers all come together to set a new precedent for African power driven by commercial capital and a commitment to the economic value of power generation. 
 ~ http://www.energynet.co.uk/event/powering-africa-nigeria-2015  

IFC Partners With Energynet To Deepen Investments in Nigeria's Power Sector

WASHINGTON, 14 September 2015 / PRN Africa / -- IFC, a member of the World Bank Group, is partnering with Energynet limited, global organizers of investment meetings focused specifically on the power and industrial sectors across Africa, and other stakeholders to facilitate investments and deepen private sector involvement in Nigeria's power sector, which is working hard to provide uninterrupted supply to a fast-growing population and economy.

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President Buhari Will Achieve in 2 Years What Jonathan Failed To Achieve in 6 Years

 President Muhammadu Buhari and former President Goodluck Jonathan.

President Muhammadu Buhari will achieve within two years what former President Goodluck Jonathan failed to achieve in six years in office. The outstanding new management of the Nigerian National Petroleum Corporation (NNPC) alone has already achieved within a month what the NNPC failed to achieve under Jonathan!

MainOne Wins 2015 Nigerian Frost & Sullivan Award for Customer Value Leadership

Frost & Sullivan Recognises MainOne for Providing Advanced Data Centre Infrastructure in West Africa From connectivity services provider to one of data center services and outstanding reliable connectivity

Speech by Foreign Minister Frank‑Walter Steinmeier at the German-African Business Summit

Speech by Foreign Minister Frank‑Walter Steinmeier at the German-African Business Summit 

BERLIN, 07 September 2015 / PRN Africa / -- Ministers,

Members of Parliament,

Representatives of international and regional organizations,

Excellencies,

Guests,

Together we are today writing a little piece of history: the new Sub-Sahara Initiative with the familiar old acronym SAFRI has organised this first German-African Business Summit with the support of the Federal Government. It will be followed immediately by the 15th International Economic Forum on Africa, an event organised jointly by the OECD Development Centre and the African Union, which normally takes place in Paris. You have a busy, intensive programme ahead, and I believe this shows just how important Africa is for us in Germany. I wish we would make more of a deliberate effort to turn this realisation into action.

Uganda Film Festival Honours Nigerian Filmmaker Femi Odugbemi

UGANDA FILM FESTIVAL 2015 HONOURS NIGERIAN FILMMAKER FEMI ODUGBEMI

Femi Odugbemi selected as Chair of Jury of the 2015 Uganda Film Festival.

3-time Head Judge of the Africa Magic Viewers Choice Awards, respected award-winning filmmaker Femi Odugbemi has just returned from another international assignment serving as the Chairman of Jury of the recently concluded 2015 Uganda Film Festival held in Kampala Uganda 25th-29th August 2015.

Apple Does It Again with the Launch of New iPad Pro and iPhone 6s

 
Apple Does It Again - Rolls Out Hot New iPad Pro and iPhone 6s  
Coming to Nigeria Soon!  

The global media is abuzz with the news of the new products launched at Apple’s event last night. Among the products announced, the bigger than ever iPad Pro and the stunning new iPhone 6s and iPhone 6s Plus. The new iPhone will also come in Rose Gold. This is fantastic for all of us who are Apple fans and for those of us who have yet to make the leap into the world of Apple, these products are worth it.

iPad Pro, Apple's New 12.9-Inch Mega Tablet  
Thin. Light. Epic

 
iPhone 6s

So what about us in Nigeria?   

When will we be able to get our hands on these prize possessions? Surely it won’t be that far away.  Last year was the first time Nigeria was included in the iPhone launch, we received it on the 14th November, only 8 weeks of the launch of USA. So can they do better this year?

1 378 Film Projects from 30 Countries for Pan-African Triggerfish Story Lab

1 378 Entries from 30 Countries for Pan-African Triggerfish Story Lab

CAPE TOWN – The Triggerfish Story Lab received a whopping 1 378 entries from storytellers and filmmakers from 30 countries across Africa and its diaspora, all eager to write the continent’s next animated blockbuster or hit TV series.

Smile Closes USD365 Million Financing to Accelerate its 4G LTE Network Expansion in Africa

Smile Closes USD365 Million Financing to Accelerate its 4G LTE Network Expansion in Africa  

 Irene Charnley, Chief Executive Officer of Smile (PRNewsFoto/Smile)

PORT LOUIS, Mauritius, September 8, 2015 /PRNewswire/ --

Smile Telecoms Holdings Ltd ("Smile"), which owns and operates mobile wireless 4G LTE broadband networks in the 800MHz band in Nigeria, Tanzania and Uganda, announced that it raised USD365 million of debt and equity financing ("the funding"). The funding will be used to expand Smile's existing 4G LTE mobile broadband networks and services, such that by the end of 2015, Smile will offer clear voice services and have national coverage comparable to the largest 3G network in each of its current countries of operation. Smile will also launch its broadband network in Democratic Republic of Congo ("DRC") early in 2016.