Jason Njoku is CNBC AABLA West Africa Young Business Leader of the Year 2013
Nigerian Internet Entrepreneur of Nollywood Fame Secures Prestigious Business Accolade.
Jason Njoku, co-founder and CEO of iROKOtv, has won the acclaimed title of CNBC Young Business Leader of the Year2013 - West Africa. The accolade was awarded to him on the evening of Wednesday 28 August, at the Intercontinental Hotel, Lagos, Nigeria and was attended by captains of industry and government leaders. The annual ‘All Africa Business Leaders Awards – West Africa’ (AABLA – WA) honours business excellence in the West Africa region that has had a considerable impact on their industry and the community that they serve.
Jason Njoku said from his London offices: “This is an incredible honour, to be recognised by my peers and notable business leaders from across West Africa. I enjoyed going through the rigorous judging process as it helped me put into context the achievements iROKO has reached, as well as consider the challenges we have for the future.
“Being an entrepreneur is the hardest thing someone can ever do; it consumes every second of your day and will challenge and push you to your absolute limits. It is both brutal and sublime and as many of my peers will testify, doing business in Africa comes with its own set of unique challenges. That being said, there’s nothing else I would want to be doing with my life and I’m extremely proud of what we’ve been able to build with iROKO giving the African internet scene the global platform it so rightly deserves.
“I am thrilled with this award and would like to thank CNBC, Forbes Africa, ABN 360 Productions, the esteemed judging panel and everyone else involved with the event. I would also like to take this opportunity to congratulate my fellow finalists and winners on the evening.”
The judging panel for AABLA West Africa included; Seyi Bickersteth - National Senior Partner of KPMG Professional Services, Nigeria; Oscar N. Onyema -Chief Executive Officer, The Nigerian Stock Exchange and Bismark J. Rewane - Economist and Banker.
In December 2010, Njoku launched a YouTube site dedicated to streaming Nollywood movies called Nollywood Love, which attracted the attention of US-based Hedge Fund Tiger Global who led on two rounds of funding totalling $8Mn. This was invested into building a dedicated movie platform and purchasing more movie content. Today www.irokotv.com is the world’s largest online distributor of Nigerian movies, with a catalogue of over 5,000 and has been dubbed by the world’s media as the ‘Netflix of Nollywood’. It records close to 1Mn unique visitors a month with Nollywood fans logging in from 178 countries in the world. The company has disrupted the Nollywood movie industry and has successfully reorganised the global distribution of one of Nigeria’s most prized exports.
Njoku concludes: “I cannot receive this award without mentioning the unfaltering love, support and patience of my wife, Mary, who has recently brought our first son into the world, making me the happiest man alive. I must also thank my best friend, business partner and iROKO co-founder, Bastian Gotter, whose initial investments into my ‘crazy Nollywood internet project’ have helped us to grow our business into a market leader. Without the combined help and support from Mary and Bastian, the company simply wouldn’t exist.”
In 2012, Njoku was touted by Forbes Africa as one of Africa's Top Young Millionaires to watch and earlier this year, he was named by New African Magazine as one of Africa's Top 50 African Trailblazers. He is also an official Growth Ambassador for the Alternative Securities Market (ASeM) with the Nigerian Stock Exchange (NSE).
Source: iROKO - Wednesday 28 August 2013.
DTT: Huawei appoints new MD for Zambian operations
Huawei, a leading global information and communications technology (ICT) solutions provider, has appointed Mr. Spawn Wen as the Managing Director for Huawei Zambia representative offices also responsible for business operations in Zimbabwe and Malawi.
Prior to his appointment, Mr. Wen was the Deputy CEO of Huawei in Angola. He holds bachelors and Master degrees in Information and Communication from Beijing Jiaotong University.
Mr. Wen has over 6 years experience in the African ICT market with key contributions including overseeing the implementations of the Angola Unitel 2000 kilometers fiber transmission backbone project in a record time, and further supported No.1 operator in Namibia, MTC in implementation of the Namibian nationwide 3G network and 2G network in Windhoek.
Under his tenure, Huawei Namibia cooperated with MTC to build up the first 40G DWDM backbone network and the second commercial LTE network in Africa!
Lastly in cooporation with the national state broadcaster- Namibian Broadcasting Corporation oversaw the implementation of a national wide Digital TV Project for the country, which paved the way for the SADC DTT standard protocol.
Today NBC remains the best DTT Case for Eastern and Southern Africa (ESA) Region.
Mr. Wen believes in utilizing resource and relationship management to create opportunities through dialogue with other stakeholders.
Source: Staff Writer – itnewsafrica, August 13, 2013.
Eutelsat Communications announces the appointment of Jean-Hubert Lenotte as the Group's Director of Strategy. He succeeds Yohann Leroy who has been appointed Deputy Chief Technical Officer and Director of Engineering.