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OLX Closes Nigerian, Kenyan Operations

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Naspers owned OLX, one of Africa’s leading e-commerce  platforms has winded up operations in Nigeria and Kenya.

 

Business Insider Sub Saharan Africa (BI SSA) confirmed from several internal sources within both territories, the closure of its operations in two of Africa’s strongest e-commerce markets.

 

OLX, founded  as an alternative to Craigslist and fully acquired by South Africa media giant Naspers in 2010 has been struggling to make its businesses in Kenya and Nigeria viable since it entered those markets in 2012.

 

Business Insider SSA understands that staff of the company in Nigeria and Kenya were formally informed of the decision on Tuesday with a notice of termination to staff beginning in March, followed by management team in April.

 

The shutdown and an almost non-existent on ground operation in Ghana means that the country will now fully focus on its strongest market on the African continent  in South Africa.

 

It will be interesting to see what next steps OLX takes in Africa. Will the business in the market run remotely?

 

It is not clear the number of staff that has been affected by the decision but in Kenya a lot of livestock and agro based clients of the platform will be disappointed with the platform being one of the main mediums of selling farm products as well as a large car selling base.

 

OLX joins a long list of e-commerce businesses who have wrapped up business in west and east Africa over the past two years after failing to break even.In 2015,Nigeria based Efritin.com closed down with then CEO   Nils Hammer, citing high cost of data, poor internet penetration and adoption as well as economic woes of the country as the prevalent factors responsible for their exit from the Nigerian e-commerce market.

 

Jumia has also had to consolidate all its assets into single units to reduce overhead costs. In Ghana, the initial success of Tonaton has given way to a difficult few years.

 

Business Insider SSA has reached out to management of OLX for comment on the development.

Nigeria CommunicationsWeek believes that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. So since 2007, we have devoted our energy to independent reportage of technology and how they affect lives.

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Global Tech Leaders to Discuss Enabling Technology, Cloud Computing @ #NerdsUnite2020

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Over 500 IT professionals from enterprise organisations across West Africa will convene in Lagos on February 21, 2020 for MainOne’s 5th annual gathering of its flagship event, Nerds Unite, themed: “Enabling the Digital Economy”.

This year’s event will showcase the launch of its Managed Cloud Services in partnership with Microsoft and Hewlett Packard Enterprise Operated by Selectium. The event will feature presentations and panel discussions on Cloud adoption, Cloud migration and all things Cloud with MainOne and its global partners.

Featuring over 10 speakers from global tech companies and West African Corporate organizations, #NerdsUnite2020 is designed to facilitate discussions on trending developments in the IT sector to help professionals deliver increased value to their organizations.

The event’s keynote addresses will be given by Ernest Sales, CEO Hewlett Packard Enterprises Operated by Selectium and Wale Olokodana, Microsoft Business Group Director.

Speaking on expectations for this year’s event, Tayo Ashiru, Head of Marketing MainOne says, “For the past 4 years, Nerds Unite has delivered powerful technology insights and networking opportunities for organizations and tech enthusiasts alike.

This year we expect that with our panel of dynamic speakers, partners and launch of our Managed Cloud Services, the energy around Nerds Unite 2020 will be electrifying. These developments will help accelerate the digital transformation across all sectors and the ICT ecosystem in West Africa, supported by technological innovation and world class partners.”

With over 3,000 participants since inception, Nerds Unite has showcased leading technology solutions available locally and globally and has hosted major players in the international and local IT industry.

This year’s edition is set to further empower the tech ecosystem with the industry’s latest developments, centering on unique perspectives on Cloud Computing targeted at C-Level executives and IT professionals of blue-chip organizations across West Africa.

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EduTech Records First Online Degree Graduates

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After an eventful five years, EduTech has recorded its first batch of graduates in its degree programme.

EduTech Records First Online Degree Graduates

The 37 graduating students took part in the recent 44th Convocation Ceremony of Obafemi Awolowo University (OAU) and bagged B.Sc degrees in Accounting.

Expressing delight at the successful completion of the degree programmes, Femi Shonubi, general manger, EduTech, said the graduation ceremony was a validation of the firm’s e-learning platform and its ability to provide students with a robust system leading to the award of a degree.

“We are grateful to our partners -the OAU Management -as well as the students for trusting our solution,” Shonubi said.

Introduced in 2014 to deepen the experience of the university’s part-time learning programme, the EduTech platform replaced the erstwhile weekend learning mode with an online blended mode that is accessible to students remotely through an internet connection.

Through this epoch-making partnership with OAU, EduTech successfully launched B.sc degree programmes in Accounting, Economics and Nursing; with other courses of study in the pipeline.

“EduTech is pleased to contribute its quota to nation building by providing seamless platforms for students to conveniently take part in course work from their homes or offices and earn a full degree. We are happy to work with a progressive-minded institution like the OAU Center of Distance Learning to facilitate their Accounting, Economics and Nursing degree programmes. We are also very excited on our soon-to-be launched partnership with the Babcock University Centre for Open Distance and e-Learning where prospective students will be able to leverage our platforms to study for degree awarding courses from the university,” Shonubi said.

 

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United Nations Officials Barred from Using WhatsApp

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Amid growing concerns over WhatsApp’s security, the United Nations (UN) has asked its officials to not use the messaging app because “it’s not supported as a secure mechanism.”

United Nations Officials Barred from Using WhatsApp

This comes after UN experts accused Saudi Arabia of using the online communications platform to hack the phone of Amazon chief executive and Washington Post owner Jeff Bezos.

A UN spokesman said officials were barred from using WhatsApp since June 2019 over security, Yahoo reports.

“The senior officials at the U.N. have been instructed not to use WhatsApp, it’s not supported as a secure mechanism,” UN spokesman Farhan Haq said.

Independent UN rights experts said on Wednesday they had received information that Amazon owner Jeff Bezos’s phone was hacked through a WhatsApp account belonging to Saudi Crown Prince Mohammad bin Salman.

Bezos’ phone got hacked after he received a WhatsApp message “apparently been sent from the personal account of the crown prince”.

The UK newspaper The Guardian reported that the “encrypted message from the number is believed to have included a malicious file that infiltrated the phone of the world’s richest man, according to the results of digital forensic analysis.”

The analysis found it “highly probable” that the intrusion into the phone was triggered by an infected video file sent from the account of the Saudi heir to Bezos, the newspaper said.

“The two men had been having a seemingly friendly WhatsApp exchange when, on May 1 of that year, the unsolicited file was sent,” Guardian said quoting anonymous sources.

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