Broadcasting
Konga Partners Edo State Govt to Empower SMEs, Create Jobs
Konga, Nigeria’s leading composite e-commerce giant, has partnered with the Edo State government to create jobs for millions of youths in the state, while also empowering entrepreneurs, business owners and other beneficiaries in the state by bringing their products and services to the consciousness of a global audience.
The partnership, unveiled at a citizens’ engagement session held in the state capital on Thursday, August, 26, 2021, has been hailed by the Edo State governor, Godwin Obaseki as a landmark development.
In his speech at the event, Gov. Obaseki disclosed that Konga was chosen for its cutting-edge technology and remarkable leadership in the e-commerce, even as he reiterated the importance of the partnership to the job creation strategies of the state government.
‘‘We are delighted to partner with Konga on this very significant development in Edo State. We have continued to create opportunities for Edo youths as our administration is open, transparent and competent in all we do. Therefore, we urge Edo people to trust us, as all the opportunities that we present are real, and life-transforming for Edo people.
‘‘We needed information to transform the state. As such, we embarked on the collation of data through our youths with the Data for MEGA project. In Oredo Local Government Area (LGA), we have 11,152 small and medium businesses. In Owan West LGA, we have 501 small and medium businesses; the same data were collated across the state.
‘‘These businesses and others will be exposed to a global audience and more patronage through Konga,’’ he stated.
The event, held at the Government House, in Benin City, also witnessed the unveiling of a N2bn fund for Micro Small and Medium Enterprise (MSME) in partnership with the Bank of Industry (BOI)to support entrepreneurs in the state.
The agreement with the state government will see Konga onboard Edo State on its online marketplace, with products and services from the state listed exclusively on the store. In addition, the e-commerce platform will offer mentorship and capacity-building programmes to aid the development of business owners and other merchants from the state on the platform.
The ambitious plan, according to the management of Konga, is to bring online over 10,000 businesses starting from remote villages, towns and local government areas to the capital, Benin City within the first year of the partnership.These merchants include makers of indigenous products from Edo State including furniture, hair manufacturers, artifacts, handcrafts, production machines, fashion wears and spare parts, among others.
Speaking at the event, Co-CEO, Konga Group, Nick Imudia also noted that the partnership with the state government will translate to tons of job creation opportunities for qualified Edo natives.
‘‘Edo state has shown its readiness for digital transformation and has an environment highly conducive for the people of the state to thrive.
‘‘With the advent of COVID-19, the new normal is that governments and agencies the world over have begun to source multiple ways of reducing cost and deliveries. With Konga, not only would you have a great partner to help with this transition, you’d also be able to cut costs through our platforms that have been built to cater for changes in the marketplace. This is exactly the reason we are working to continue this initiative we believe will create gainful employment and, most importantly, promote products from Edo state.
‘‘In addition, we intend to bring a variety of products to the marketplace at cheaper prices. These include FMCG products, mobile phones, electronics, Computing products, genuine health care products for pharmacies, chemists, cheaper data and much more. We also plan to bring onboard these sellers from Edo State on our CBN-licensed Fintech platform – KongaPay – to enable these beneficiaries enjoy the benefit of our lower transaction charges and other incentives,’’ he disclosed.
In attendance alongside the Edo State governor at the event was his wife, Betsy Obaseki; Konga Co-CEO, Imudia and other Management Executives of the e-commerce company; MD, BOI, Olukayode Pitan; Secretary to the Edo State Government, Osarodion Ogie Esq. and the Chief of Staff to the Governor, Hon. OsaigbovoIyoha, among others.
The event witnessed a tour of the Edo Production Hub, financed by the state government, which plays host to a number of SMEs and other businesses. In addition to unveiling the Edo Online Marketplace on Konga, the team also commissioned the new Bank of Industry Building in Benin City, the Edo State capital.
Broadcasting
Afrobeats and Amapiano Lead Africa’s Musical Revolution
Africa’s music scene is no longer just a regional sensation, it has become the pulse of global pop culture.
As African music continues to enchant global audiences, Spotify Wrapped 2024 unveils the diverse range of genres that people now enjoy all over the world. While Afrobeats and Amapiano often dominate headlines, this year’s Wrapped data sheds light on other emerging sounds that define Africa’s music.
Reimagined histories
Hiplife and Highlife from Ghana, rooted in the country’s rich cultural history, remain highly exported due to their fusion of traditional Highlife melodies with contemporary beats that keep them globally relevant.
Artists like King Paluta, Fameye, and KiDi are leading the way in blending traditional Highlife melodies with modern sounds. Fameye’s Very Soon and King Paluta’s Aseda—a heartfelt song of gratitude—are examples of how the genre is evolving. Their fresh take on Highlife has helped drive a 54% increase in global streams, a sign of the genre’s appeal to both local and international audiences.
In Kenya, Arbantone, mainly characterized by beats from samples of Kenyan old school hits. This sound combines elements of Gengetone and old Jamaican riddims, led by a wave of young rappers who bring the raw lyricism of Gengetone. Captivating young audiences, Arbantone is quickly rising on local music charts.
Arbantone grew significantly in 2024, partially thanks to viral dance challenges on social media. Artists like Dyana Cods’ “Set It”, harnessed the genre’s infectious beats and catchy lyrics to connect with her fans. The song became one of the most popular Arbantone tracks in Kenya, securing the number 3 most streamed Arbantone track in Kenya as revealed by the 2024 Spotify Wrapped data.
Embracing experimental sounds
Nigeria’s Alté is becoming more popular abroad where it’s now the country’s fourth-most exported genre in 2024. Pronounced “uhl-teh”, a shorthand for alternative, you may have heard the experimental mix of Afrobeats, R&B, and hip-hop, with electronic influences on tracks like Soh-Soh by Odeal or Amaarae’s Wanted. The likes of Amaarae, Lady Donli and Odunsi (The Engine) paved the way for a new generation of artists like DEELA, DETO BLACK and brazy to tap into Alté’s rebellious, bold and unconventional brand of self-expression. The global success of Alté-influenced musicians like Tems, Rema and Odeal symbolises how the genre is taking its place in mainstream music culture. Countries like Ghana have embraced the sound with over 60 billion Spotify streams, and Alté now has 41% more global plays than it did a year ago.
South Africa’s Afro House, known for its deep rhythms and soulful vocals, has become a favourite in electronic music circles around the world. DESIREE and DJ Shimza have been instrumental in influencing the growth of Afro House. DESIREE sets blend African rhythms with modern electronic sounds, while DJ Shimza’s electrifying global performances have propelled the genre to new heights. As more artists from around the world incorporate African sounds into their music, the genre has influenced global dance floors.
Household names
Afrobeats continues to lead Africa’s music revolution, evolving rapidly and driving the movement forward. In 2024, the genre saw a significant 28% increase in global streaming. Tracks like Santa by Ayra Starr, Rauw Alejandro, and Rvssian highlight the genre’s versatility, while Calm Down by Rema and Selena Gomez underscore its widespread international appeal. Collaborations like Skillibeng and Tyla’s Jump, Gunna showcase Afrobeats’ adaptability and its growing dominance on global charts.
Amapiano, meanwhile, has emerged as Africa’s fastest-growing genre, with a phenomenal 59% increase in global streaming in 2024.
Another sign that the future of global music will undoubtedly feature even more beats, grooves, and melodies from the continent.
Broadcasting
NERC Discloses $5.7 Million Debt Owed by International Customers for Q3 2024 Electricity Supply
Nigerian Electricity Regulatory Commission (NERC) has disclosed that international customers owe $5.7 million for electricity supplied in the third quarter (Q3) of 2024.
The debtors include Paras-SBEE and Transcorp-SBEE from the Benin Republic, Mainstream-NIGELEC from Niger, and Odukpani-CEET from Togo.
Under an international treaty, Nigeria exports electricity to neighbouring countries like Benin Republic, Togo, and Niger.
In its latest quarterly report, NERC stated that market operators (MO) issued invoices totaling $12.19 million to six international firms for services rendered in Q3, out of which $6.49 million was paid.
“In 2024/Q3, the six (6) international bilateral customers purchasing power from the grid-connected GenCos made a cumulative payment of $6.49 million against the $12.19 million invoice issued to them by the MO for services rendered in 2024/Q3,” the report said.
“Similarly, the domestic bilateral customers made a cumulative payment of ₦1,566.51 million against the ₦2,100.79 million invoice issued to them by the MO for services rendered in 2024/Q3.”
NERC highlighted that some bilateral customers—both domestic and international—made payments in Q3 2024 to settle outstanding invoices from previous quarters. “Odukpani-CEET made a payment of $1.33 million towards outstanding invoices from previous quarters,” the report revealed.
“Similarly, the MO received ₦31.51 million from the domestic bilateral customers (North-South/Star Pipe; ₦9.50 million and Trans-Amadi (OAU/FMPI); ₦22.01 million) towards outstanding invoices from previous quarters.”
However, NERC noted that its special customer, Ajaokuta Steel Co. Ltd, along with the host community, failed to make any payments towards the ₦1.26 billion (NBET) and ₦0.11 billion (MO) invoices received in Q3 2024.
“This continues a longstanding trend of non-payment by this customer, and the Commission has communicated the need for intervention on this issue to the relevant FGN authorities,” the commission said, warning that continued non-payment could lead to total disconnection from the national grid.
In September, Shuaibu Audu, the Minister of Steel Development, signed a memorandum of understanding (MoU) with Messrs Tyazhpromexport (TPE) for the rehabilitation, completion, and operation of the Ajaokuta Steel Plant and the National Iron Ore Mining Company (NIOMCO).
By December, Natasha Akpoti-Uduaghan, chairperson of the Senate Committee on Local Content, announced plans to commence the revitalisation of the Ajaokuta Steel Company plants in the first quarter (Q1) of 2025.
Broadcasting
QNET Collaborates with Lagos Food Bank to Aid Vulnerable Children
QNET, a global lifestyle and wellness-focused direct-selling company, has partnered with the Lagos Food Bank Initiative (LFBI), a non-profit organization dedicated to nutrition and hunger relief, to provide nutritious food and gifts to 1,000 vulnerable children in Makoko, Lagos.
This initiative is part of QNET’s end-of-year social impact activities.
Supported by QNET’s legal partner, Transblue Limited, the project is part of LFBI’s Education Enhancement Intervention for Food Insecure Students (EDUFOOD) program that addresses malnutrition and food insecurity among underserved students by providing healthy meals and essential educational resources.
A report by the United Nations International Children’s Emergency Fund (UNICEF) highlights that Nigeria has the second-highest burden of stunted children globally, with a national prevalence rate of 32% among children under five.
Furthermore, an estimated 2 million Nigerian children suffer from severe acute malnutrition (SAM).
Biram Fall, QNET’s Regional Manager for Sub-Saharan Africa, highlighted the importance of this initiative: “Guided by our principle – Raise Yourself To Help Mankind (RYTHM), we believe that education and good health for children are the cornerstones of a thriving society.
Partnering with LFBI allows us to make a tangible impact on vulnerable children’s lives, reflecting our mission to empower youths and improve communities.”
Akeem Ajisafe, Managing Director of Transblue Limited, shared his thoughts: “This collaboration not only addresses food insecurity but also brings joy to young hearts, allowing them to truly experience the spirit of Christmas. Together, we are fostering hope, joy, and a brighter future fo r all.”
Michael Sunbola, Executive Director of LFBI, expressed gratitude for the partnership:“QNET’s support empowers us to reach even more children during this season of celebration, improving their health and unlocking their potential. Together, we are building a foundation for a brighter future.”
The partnership underscores QNET’s commitment to sustainable development, aligning with the United Nations Sustainable Development Goals (SDGs), particularly Zero Hunger (SDG 2) and Quality Education (SDG 4).
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