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Samsung Launches Smart Signage TV for SMEs’ Customer Engagement

Samsung Electronics has launched its new Smart Signage TV, an all-in-one digital signage solution designed for small and medium scale business owners, in Nigeria.
According to the technology giant, the solution combines the functionality of a television with built-in management software for creating personalised promotional content to increase sales and improve customer loyalty and retention.
A highly reliable commercial display solution, Samsung Smart Signage TV has been optimized for shop owners’ needs. Unlike conventional TVs, businesses can divide the display screen into multiple sections and show a wide range of materials that can be utilized to show promotional banners and menus using videos, images, and texts.
The solution’s embedded content management system also makes it easy to create and display promotions from remote locations using a mobile device.
Mr. Charles Ojei, director of Samsung Electronics West Africa’s Enterprise Business Division, said the new smart signage solution is designed to provide small and medium enterprises with all that they require to get up and running with digital signage.
“At Samsung, we understand the unique challenges that small business owners face when it comes to selecting and implementing technology, and we built this product to address the market need for a cost-effective, easy-to-manage, professional-grade solution that is better suited for these environments. With Samsung Smart Signage TV, we’re giving SMEs the power to enhance their customer communications and enable them to create more personalized content to drive conversations that extend long after a customer leaves the store to keep them coming back. The solution helps to Turn on Your Business,” he said.
Head of Samsung Electronics West Africa’s Enterprise Display Unit, Mr. Anu-Rotimi Agboola also elucidated further on the new product.
“Available in 40-inch and 48-inch models, Samsung’s smart signage TV provides a complete platform for displaying digital content on promotions, sharing educational information about products and services, and broadcasting live TV for customer entertainment. Business owners can wirelessly connect to the TV from their laptop, tablet or mobile device to instantly publish and update content, or load new content using a USB drive. The solution boasts over 200 free templates for creating personalized signage designs and split-screen content. It is ideal for use in restaurants, bars/lounge, supermarkets, salons, gyms, drycleaners, hospitals and more,” he said.
Other features that make the solution a must have for business owners include MagicInfo Express, a built-in content management software that shop owners can use to update customers with information on discounts, shop hours, special events and other promotional information.
MagicInfo Mobile, which allows businesses to make quick updates or upload photos of promotional materials directly from their Android or iOS mobile device; wireless capability via its built-in WiFi service that eliminates cable clutter and enables seamless connectivity with various external devices and a three year warranty with dedicated service and support. Business owners will also enjoy Samsung’s value-added proposition of a TV stand and wall mount kit with each purchase of the solution.
“Until now, many small businesses in Nigeria have had to rely on consumer TVs to display key information in their stores, which limits not only customer engagement opportunities with their brand but also operating capabilities to easily display, update and change promotional materials. Samsung’s Smart Signage TV shifts the paradigm for SMEs utilisation of display solutions and provides a better customer experience, literally all in one box,” Agboola added.
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AfDB Supports Francophone Africa Start-ups with €6.5M

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.
News
Nigeria Inks $1.3bn MoU with AFC for Alumina Refinery, Mining Push

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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