Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.


Collaboration set to build sustainable businesses

16 February 2016, 18:00Okoro Chinedu

Lagos - MTN, the mobile network operator, and Jumia, Nigeria’s leading online shopping site, have partnered for a first-of-its-kind competition that is envisaged to build a stronger and more sustainable business environment across Africa.

Launched on Tuesday morning, the pan-African competition brings together over 1 000 entrepreneurs, students and investors, to collaborate on ways to amplify and consolidate the continent's entrepreneurs.

Targeting more than 60 universities in 13 countries across Africa, the competition will challenge students to develop a unique digital application or smart solution that would ill solve tangible problems faced on the continent.

MTN's Group Chief Digital Officer, Herman Singh, said the Entrepreneurship Challenge was aligned to MTN's own entrepreneurial culture and history as well as our values as a business.

Also Read:MTN, NCC solution to drive broadband access

“We believe inspiration of new business leaders in Africa and their enablement to success, will be key drivers for the future rapid evolution of a broader start-up culture on the continent.

This is an environment already teeming with excellent potential and we hope to assist in accelerating its further growth and to raise MTN's role in creating new businesses in Africa," said Singh.

Bankole Cardoso, Head of Communications at Jumia, said the competition would contribute to building a stronger and more sustainable business environment across Africa.

“Its main goal is to boost and fuel African entrepreneurship by enabling young and smart entrepreneurs to kick off with their own projects. The key for us is to give full and adapted support to young talents, from funding to mentorship from experienced entrepreneurs," Cardoso said.

The winner of the MTN Entrepreneurship Challenge powered by Jumia will win a cash prize of US$25 000 towards their start-up, and will also benefit from a yearlong partnership with Jumia.

The winner will also have access to a Facebook Start Program to the value of $15 000, which includes tools and services needed to build mobile applications.

In addition, they will have the opportunity to work from the MTN Solution Space at the University of Cape Town's Graduate School of Business.

The two runners-up will each receive $5 000 towards their projects.

Applications for the first round of the multi-phased competition are open from today and will close on March 27.

The finalists will be announced on April 16.

- CAJ News

Tags mtn

Read more from our Users

Nigeria @ 56: Words to my green f...

A leader’s job is not to dictate, but rather to be respected, admired and be a trustee, of the land we love, with so much potential, a land which should be freer than free. Its still a long way to fufilling our destiny! Read more...

Submitted by
Isaac Asabor263
Recession: An opportunity for Nig...

The recession should be seen as an opportunity for the country’s promotion as long as we all collectively conduct ourselves in a patriotic manner, writes Isaac Asabor.  Read more...

Submitted by
Black and White

We want to imitate the whites in everything because we are ignorant of our inherent originality and content. We spend all our Naira to acquire his inventions because we so oblivious of our natural endowments that we allow him have it for free. Read more...

Submitted by
Nate Nat
Adamawa State University Mubi: A ...

ADSU integrity forum has accused the Sunday Joshua Wugira, a lawyer, of adopting unorthodox tactics by abusing his privilege by attacking the integrity of ADSU Vice Chancellor Dr. Moses Zira Zaruwa, writes a News24 reader. Read more...

Submitted by
Abdulsalam Jubril
My Country Nigeria (Part One)

Poetry by Abdulsalam Jubril.

Submitted by
Abdulsalam Jubril
Recession, dearth in leadership a...

Every leader has the opportunity to become great and making himself immortal in the lives and hearts of people for generations to come. Will Mr. President seize this opportunity?, questions Abdulsalam Jubril. Read more...