SSNIT paid $500,000 for a $16,000 product; Simons unpacks the ‘crazy’ deal

Founding president of mPedigree Bright Simons, has identified massive over-pricing in the Social Security and National Insurance Trust (SSNIT) project to automate its systems which ended up costing contributors more than $72m. The award-winning social innovator said several procurement items were inflated when simple checks on the internet could have revealed their actual price. He said an IBM hardware sold on the market for […]

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Video: Akon to create ‘iTunes for Africa’

Senegalese-American singer Akon has revealed he wants to create a music streaming service in Africa that can compete with its global competitors. The artist has announced he is purchasing 50% of the Senegalese company Musik Bi. He spoke to BBC Africa about why young people needed to invest in the continent and his secrets on making it big. Source: BBC

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