News
Eventshub Mobile App Debuts
The events publicity sphere is set to be illuminated with the emergence of Eventshub App. Events are an everyday occurrence across the world and the method of getting people to attend has evolved over the years, starting with the town criers, to electronic and print media, to social media.
However, the dissemination of mass messages largely flooded the space and getting the right information to the right audiences becomes more difficulty especially with the characteristic and lifestyle of audiences changing.
The audience need to get tailor-made information to meet their particular needs per time.
Eventshub was designed to bridge the gap created by the jump from mass media to social media; mass media provided information to everyone, social media basically provides information from individual social network. However, with Eventshub you get information on events based on your interest per location.
Eventshub is a mobile App currently available on Google Play store (ios version coming soon) that provides information on events to users based on their selected interest and location.
The app also provides navigation assistance to the user on how to get the location of the event. The app is fully integrated with the phone calendar and with just a tap your desired events can be added to your calendar.
The push notification feature ensures that you are always in the know on the what, when and where of your events choices.
Eventshub also provides a direct link to ticketing platforms, making it easy and effortless for you to get your events tickets.
Eventshub provides an easy and cost effective way for event’s organizers to reach the audience based on their pre- selected interest category and location of interest. This allows the advertiser to only pay to reach audiences that are already interested in the type of events being organizing and in what area it is to take place.
Eventshub equally allows you to share events across several platforms, enabling you get the viral effect for you event.
Eventshub is free to download on Google play store and was developed by Semences Innovation Limited.
EFCC
The African Development Bank Group last week approved an investment of €6.5 million in the Saviu II fund in order to support technology start-ups through their seed phase and first institutional fundraising, mainly in French-speaking Central and West Africa.
The Bank will invest €4.5 million as equity and €2 million as a first-loss hedging tranche on behalf of the European Commission, under the Boost Africa Programme.
This participation of the Bank Group will enable the Saviu II fund to give priority to companies with a strong technological or digital component.
Saviu II, the second investment vehicle of Saviu Partners, plans to invest between €500,000 and €3 million in about 20 technology or technology-oriented business-to-business start-ups in the seed phase or carrying out first institutional fundraising.
The Saviu II venture capital fund aims to make at least 60% of its commitments in the French-speaking countries of West and Central Africa: Côte d ‘Ivoire, Cameroon, Benin, Senegal, Togo, Burkina Faso and Mali.
The fund can also co-invest in promising technology companies in East Africa that have a strong team and business model, and whose strategy includes entering the market in French-speaking West African countries and establishing a strong presence there.
In addition, the fund will devote a dedicated envelope to pre-seed investments, focusing on minority equity investments, usually in co-investment with studios, incubators or other ecosystem partners.
Nigerian Government has signed a $1.3 billion Memorandum of Understanding (MoU) with Africa Finance Corporation (AFC) via the Solid Minerals Development Fund (SMDF) to fund an alumina refinery, national geoscience mapping, and a strategic investment vehicle for mining growth.
Special Assistant to the Minister of Solid Minerals Development, Segun Tomori, said the refinery will process one million tonnes of bauxite yearly using a modern Bayer process, powered by an on-site gas-fired cogeneration plant.
Minister Dele Alake called it a transformative milestone boosting GDP, aligning with reforms that improve investment climate, regulations, and licensing to attract private capital. He directed agencies to fast-track permits.
The 20-year project at 95% utilization eyes 19 million tonnes total output, $1.2 billion annual GDP addition, $25 billion economic impact, and $8 billion forex earnings, per feasibility studies.
SMDF Executive Secretary Fatima Shinkafi termed it the agency’s biggest funding deal, supporting value-addition policy.
The partnership extends to geoscience mapping for mineral data, de-risking exploration, and a joint vehicle for mining assets.
Permanent Secretary Engr. Farouk Yabo praised the reforms. Shinkafi signed for government; AFC’s Franklin Edochie for the corporation, witnessed by AFC CEO Samaila Zubairu.
Tomori positioned it as Nigeria’s largest private mining investment and FDI magnet.
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