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Dangote, CNN Cement Relationship

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Dangote Group has taken an investment decision to extend its multi-year partnership with CNN International, with its new focus on Africa’s Energy.

The Africa’s Energy Surge reports air daily in flagship CNN International shows, The CNNMoney View with Nina Dos Santos and the World Right Now with Hala Gorani, culminating in a special 30-minute show airing from Saturday 17 December.

The reports and special show, which look at how Africa will meet the UN goal of universal electricity by 2030, are to be aligned with Dangote billboards and branding.

According to the Chairman and CEO of Dangote Group, Aliko Dangote, electricity is ‘key’ to Africa’s economic growth and development. It is estimated that more than two-thirds of over 1billion people living in Africa do not have access to electricity.

In Nigeria, the Dangote Group is investing billions of dollars in gas projects that can produce enough gas to generate 12,000 MW of power.

This will go a long way in bridging the massive electricity deficit in the country. Beyond Nigeria, the Group is also spearheading efforts to increase access to electricity through investments in energy projects across Africa.

Speaking at the African Energy Leaders Group (AELG), Dangote noted that the group, as an advocacy group (he co-founded), is strongly committed to improving on Africa energy growth and development. According to him, the group is working closely with lawmakers in the United States, to ensure success of laudable initiatives such as the Electrify Africa Act and the Power Africa initiative, which are designed to double electricity access in sub-Saharan Africa, and ultimately place the continent in a position to meet the United Nations’ goal of having Universal Electricity access by 2030.

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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Interswitch Announces Appointment of Kenneth Olisa OBE as Chairman

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Interswitch, the leading Africa-focused integrated digital payments and commerce company, has announced the appointment of Kenneth Olisa OBE, FRSA, FBCS, as its new Chairman, succeeding Adedotun Sulaiman, MFR.

 

This appointment follows the recent minority investment by TA Associates in Interswitch in March of this year, a landmark transaction being TA’s first ever investment into the African continent.

 

Helios Investment Partners, which invested in the company in 2011, is majority shareholder of the company.

 

Kenneth Olisa is a British businessman with a career in technology that commenced at IBM and spans well over 40 years.

 

He founded and led the technology merchant bank Interregnum and is also the founder and chairman of Restoration Partners, an independent boutique technology merchant bank, reputed as architects of the Virtual Technology Cluster model.

 

He is currently a Director of Thomson Reuters.  In 2015, he became the first black Lord-Lieutenant of Greater London having been appointed by Her Majesty the Queen.

 

 

Mitchell Elegbe, founder and Group Chief Executive Officer of Interswitch, stated that, “Ken’s inspiring business leadership, vast experience and professional expertise will be great assets to Interswitch as he comes on board as Chairman at a defining phase in our journey of transformation and international expansion.

 

“We are delighted to welcome him on board, in succession to the visionary and highly successful tenure of Adedotun Sulaiman, who as country CEO of Accenture, played a key role in the formative years of our company and upon assuming the role of Chairman, oversaw the successful transition of Interswitch to private equity ownership”.

 

Kenneth Olisa commented that, “Interswitch is a shining example of financial technology entrepreneurialism at its best.

 

“Unlike many of its global competitors, Interswitch is not only a fast growing and powerful innovator, it is also profitable.

 

“This is a testament to the skill and drive of its founder – Mitch Elegbe – and I am delighted to be joining him and his team.

 

“As the son of a Nigerian father I am particularly honoured to have been elected to fill the shoes of my distinguished predecessor – Mr Sulaiman – whose steady hand has helped steer Interswitch’s journey so far.  They are big shoes to fill.”

 

About Kenneth Olisa

 

A native of Nottingham, England, with Nigerian roots, Kenneth’s technology career, spanning well over 40 years, commenced in the 1970s at IBM having won a scholarship from the firm whilst being an undergraduate at Cambridge University.

 

He held various posts at IBM before joining Wang Laboratories in 1981.  Following a period as Marketing Director for Europe, VP of US Marketing and then of Worldwide Marketing based in Boston, he was appointed Senior VP and General Manager of Europe, Africa and the Middle East (EAME) located in Brussels, leading the team which restored the EAME operation to profitability.

 

Kenneth then founded Interregnum, the technology merchant bank, leading it through its early growth; its entry into, and exit from a joint venture with BDO Stoy Hayward as well as the AIM IPO in 2000.

 

At Interregnum, he worked at the forefront of the entrepreneur/technology growth cycle that began in the mid-1990s. As well as serving on the boards of many of Interregnum’s investments and advisory clients, Ken notched up some interesting firsts, including chairing the UK’s first publicly listed Internet Service Provider (ISP), Voss Net, on its admission to AIM and holding a similar position on the board of DMATEK, the first Israeli technology company to be listed on the junior exchange. He retired from Interregnum in 2006 and now runs Restoration Partners.

 

Ken was the first British-born black man to serve on the Board of a major UK public company (Reuters) and remains a Director of Thomson Reuters (where he is a member of the Audit Committee).

 

He was also a Director (and Chair of the Remuneration Committee) of Canada’s largest independent software developer, Open Text Corporation. More recently, he served as a Non-Executive Director of FTSE100 company, Eurasian Natural Resources Corporation (ENRC), as it made its debut on the London Stock Exchange.

 

Today he serves on the Board of, or is an adviser to, several privately held and innovative companies including the UK’s leading corporate governance advisor, Independent Audit. He is committed to social inclusion and has served on the Boards of various charities.

 

Today he is Chairman of Shaw Trust a national employment and well-being charity with a turnover of £100+m.  In 2010, he was awarded an OBE for his services to the homeless of London and he is an honorary Fellow of his old college, Fitzwilliam, Cambridge.

 

On a more personal level, he describes himself as a keen skier and bad golfer. As a former IBM scholar at Cambridge, and reflecting a lifelong passion for information technology and education, Ken, and his wife Julia, donated money to build the new Library and IT centre at Fitzwilliam College.

 

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Kwesé TV Adds Hip TV to its Channel Line-Up

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Kwesé TV has added Hip TV, an urbane contemporary music and lifestyle channel for a youthful audience, to its channel line-up.

 

Available on channel 610, the channel is known and respected for entertainment news, incisive and exclusive interviews, and red carpet moments amongst others.

 

Hip TV further strengthens Kwesé TV’s music genre, joining an already impressive line-up including; REVOLT TV a music channel from Sean Combs, aka P. Diddy, which is available outside of the US for the first time only on Kwesé TV, BOX Television, Trace Africa, Trace Gospel and Trace Mziki.

 

“Kwesé TV is afrocentric and youthful so we are happy to have Hip TV, a home-grown channel for a youthful audience on our platform”, said Elizabeth Amkpa, general manager, Kwese TV Nigeria.

 

She added that Kwesé has a strong and varied music line-up so “whether you are in the mood for the distinctly Naija beat, Hip Hop, R & B or gospel from around the world, you will find them all on Kwesé TV.”

 

The channel extends Kwesé TV’s offering which already has over 70 channels including sports, movies, current affairs, news, kids programming and so much more.

 

 

 

 

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Obaseki Hails TV Inventors, Counts Impact @ World Television

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Governor Godwin Obaseki of Edo State has commended the inventors of television, who rose to the occasion when industrial revolution displaced traditional means of communication in Europe and America in the 1920s, to attend to the communication need of the time.

Obaseki said this in commemoration of the United Nations World Television Day, marked on November 21, yearly.

“Television has impacted positively on humanity with its power to educate, entertain and inform a mass of people simultaneously. The device has been very effective in mobilising and sensitising the populace about government policies and programmes,” he said.

He added that “beyond the traditional function of television, the device has continued to serve as a veritable tool for educating millions of Nigerians, a trendsetter, an electronic baby-minder and a means for transmitting societal values and re-orientating people.”

The governor assured that his administration’s resolve to reposition the state-owned Edo Broadcasting Service television, was in recognition of the power of the device in governance through the dissemination of educative and enlightening programmes.

“EBS will be repositioned to join the elite league of media stations to compete keenly with the big names in the industry in the areas of standards, personnel, equipment, content and in revenue generation,” he said.

Obaseki said with the new world socio-economic order that has influenced the settlement pattern of people, it would have been impossible for a town crier to move from Benin to Auchi and deliver a message to people at the same time.

Television, he maintained, does this with ease and even gives feedback, allows phone-in segment for public participation in a programme, which ultimately raises the quality of the conversation.

In December 1996, the United Nations General Assembly proclaimed 21 November as World Television Day commemorating the date on which the first World Television Forum was held.

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