The whole scarcity of petroleum products bit in Nigeria is hitting hard. MTN and Airtel announced over the weekend that they may shut down their base stations (network services with it) if the situation does not improve, and we woke up to a similar news today; Etisalat tapped out too. Radio stations are also shutting transmission earlier than usual, as well as banks (GTBank and FirstBank) who now close shop at 1pm.
Meanwhile, a heartwarming a story; there is an accelerator in South Africa that is not taking equity in return for investment. Wowza! Check out these and other stories that made the rounds across Africa today.
But we saw it coming a mile away. Etisalat Nigeria will become the third telco to announce possible shutdown of network operations due to current scarcity of petroleum products in Nigeria.
South Africa based startup accelerator, Ignitor is offering to invest in startups without seeking or accepting equity in return.
Nigeria’s First City Monument Bank (FCMB) has integrated its e-payment service with NetplusPay.
BambooSMS+ is an Android and web application that backs up user’s text messages, calls and contacts on a server and allows them restore their data anytime.
Wanos Networks is seeking ZAR 600,000 (USD 50,000) in funding and advice on business development as it looks to expand its operations and boost profits.
Automobile manufacturers, Nissan and BMW have signed MOU to expand electric vehicle charging infrastructure across South Africa
South African digital content marketplace, Bozza is partnering with London-based crowdfunding platform, Emerging Crowd to raise up to $800,000 for 14% equity.
MyMusic is a commercial music download service that enables users download Nigerian music digital content legally and it features currently only as a web application on mobile and desktop.
Kenya-based non-profit organisation, Gearbox has announced it is kicking off its hardware incubation programme.
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In case you missed it:
First it was MTN Nigeria. Now Airtel Nigeria is basically telling its customers that they are running out of fuel and that the network is already taking a hit.
MTN Nigeria has warned that the ongoing fuel scarcity in the country could hamper service delivery.
Image via: exaqueo