Happy new week guys!
Welcome to the new edition of the Big 5 Daily! A compilation of the biggest innovative news in Africa!
Drum roll! Based on the partnership between the Ugandan Government and Simi Technologies— a Chinese-based tech company, Uganda has launched its first mobile phone and computer assembling plant. The factory will have over 400 staff and run on three distinct product lines.
Next on the Big 5, Orange Telecom’s plan to sell off its company at the Niger republic has pulled through. The company sold 95.5% of its shares to Zamani Com S.A.S company, its former minority shareholder.
Guess what? In a bid to provide investment opportunities and jobs for startups in Africa and India, the Indigram Lab Foundation (ILF) based in India has signed an agreement with Uganda- based Excel Hort Consult Agribusiness Incubator EHCAI.
Have you heard? The current Nigerian Bureau of Statistics report reveals that the country’s telecom sectors’ contribution to the GDP declined by 3.21% in the third quarter of 2019. The report showed the figures dropped from 14.55% in Q2 2019 to 11.34% in Q3 2019.
Finally, Google—a global search engine company has barred ads targeted at voters during elections. This simply means that the company will no longer allow advertisers to use political affiliations data to target election ads at voters.
Thank you for joining today’s edition of the Big 5!
See you next time!
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