iAfrikan Daily Brief - Nigerian Senate, Internet Solutions, Mettā Nairobi And Microsoft
Monday, 05 December 2016
Nigeria's Senate Is Looking To Pass A Bill That Will Regulate Entrepreneurship
Credit: Nigerian Senate
In an announcement that came not long after the dust had settled on the Nigerian Senate having advised the Nigerian Communications Comission not to go ahead with the directive regarding data floor pricing (i.e. increasing data pricing in Nigeria), the Senate has announced it is considering a Bill for an Act to establish the “*Chartered Institute of Entrepreneurs 8”. This Bill is effectively a piece of legislation, if it successfully becomes an Act, to regulate entrepreneurship in Nigeria. But the Nigerian Senate believes the Act and the Chartered Institute of Entrepreneurs will do the opposite, they believe it will “support and strengthen entrepreneurship in Nigeria” through, among others, “increasing the number of informed and innovative entrepreneurs that conduct business in Nigeria.” Why does it sound more like “rent seeking”? 🤔
Internet Solutions Acquires MWeb Connect Consumer Business After Acquiring MWEB's Business Division In 2014
Credit: Internet Solutions
South Africa's Internet Solutions have announced that they have "entered into an agreement to acquire the business of MWEB Connect (Pty) Ltd" through its parent company Dimension Data (Pty) Ltd. The acquisition sum has not been disclosed and the transaction is subject to approval by the relevant Competition authorities in South Africa and by shareholders. This agreement comes after Internet Solutions signed a transaction agreement to purchase MWEB ISP core network assets, MWEB Business and Optinet from Mweb Connect (Pty) Ltd in September 2014. With the deal in 2014, Internet Solutions used the acquisition to service the small and medium business market segment. Having being founded in 1997, MWEB has grown to be counted among one of South Africa's largest consumer ISPs with approximately 325 000 customers.The retail consumer ISP is owned by MultiChoice South Africa Holdings Limited, which is a subsidiary of Naspers.
Mettā's Iconic Flagship Location In Nairobi Is Now Open
Credit: Mettā Nairobi
Mettā officially opened its second flagship location today in the Kenyan capital of Nairobi. The new home for entrepreneurs in East Africa is a pioneering networking platform that supports founders and enables them to connect with leading ecosystem players both locally and internationally. The inaugural club launched in Hong Kong in May 2016 and within the first six months signed up more than 800 members – consisting of entrepreneurs, investors, small businesses and multi-national corporations. With the opening of Mettā Nairobi, local entrepreneurs will gain direct access to Asia’s thriving startup economies, connecting them with investors and new business leads that provide opportunities to scale into new markets. It will follow in the footsteps of its Hong Kong-counterpart and host regular events to drive thought leadership and encourage. Mettā’s physical locations complement the digital-first platform that promotes meaningful connections on a global scale.
Microsoft Word And Powerpoint To Suggest Automatically Generated Descriptions Of photos Using AI
Microsoft have announced that their Word and PowerPoint applications will to automatically generate and suggest descriptions of photos that users can add into documents. Office 365 subscribers will see this first in Word and PowerPoint for PCs in 2017. This feature will assist those who are visually impaired as most times users hardly add descriptions to their photos, with this new feature, visually impaired people can understand better what is in a document as voice feature can read out the description of the photos to them. The process will be the automated versio of making Alt Text for photos and will utilise Microsoft’s Cognitive Services Computer Vision application programming interface (API). John Jendrezak, accessibility lead and partner director of program management for Microsoft’s Office Engineering team elaborated “Through machine learning, this service will keep improving as more people use it, saving you significant time to make media-rich presentations accessible”.
Afua Osei, co-founder of She Leads Africa. Afua delves into the importance of developing and raising women through business and networks.