Amazon Prime Video to cut staff and halt African Originals production 🎥

In today’s menu

🎥 Amazon Prime Video to cut staff and halt African Originals production
📲 Globacom secures 21-Day grace period to resolve Interconnect Fee Dispute with MTN
📈 Reddit set for IPO in March this year
👨🏻‍💻 Opportunities

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🎥 VIDEO STREAMING

Amazon Prime Video to cut staff and halt African Originals production

Amazon Prime Video is undergoing a restructuring of its international business, with a particular emphasis on prioritizing European Originals. This strategic shift involves a reduction in content and staff in Africa and the Middle East. The restructuring aims to streamline operations, refocus resources, and align the streaming platform with its goal of delivering compelling content to a global audience.

The reorganization includes a decision to halt the greenlighting of local originals in Sub-Saharan Africa and the Middle East and North Africa for the foreseeable future. While shows from the MENA region that have already been greenlit or contracted will proceed, there will be no new additions to the list. This decision is part of a broader effort to allocate resources more efficiently and prioritize regions that have shown significant potential and impact….here

🔥 🔥 ! Extra!! A Homecoming Story presented by WhatsApp. It is a homecoming story of Giannis Antetokounmpo - "the Greek Freak"

It is a documentary of Nigerian NBA MVP basketball player, Giannis Sina Ugo Antetokounmpo coming to Nigeria for the first time in his life. He was born and raised in Greece by Nigerian immigrant parents Charles (Yoruba) and Veronica (Igbo) Antetokounmpo who went to Greece in 1991.
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📲 TELECOMS

Globacom secures 21-Day grace period to resolve Interconnect Fee Dispute with MTN

Globacom, a major telecommunications player in Nigeria, has been granted an additional 21 days to settle interconnect fees owed to MTN, averting the imminent disconnection that was scheduled by the Nigerian Communications Commission (NCC). The interconnect fees, charges for calls terminating on the network, were a source of contention between the two telecom giants.

In an official statement, the NCC expressed satisfaction that both parties had reached an agreement to resolve the outstanding issues. The regulatory body expects a comprehensive resolution within the stipulated 21-day period.

Earlier, on January 8, the NCC had issued a disconnection notice to Globacom, granting MTN the authority to disconnect Glo subscribers due to accumulated unpaid interconnect fees, estimated at ₦6 billion ($6.7 million). A phased disconnection would have impacted Glo’s 61.39 million subscribers, preventing them from calling MTN users, while MTN subscribers could still reach Glo users...…..read more

Tenth Code Media Limited presents a 2-day training on New Product Development and Management Fundamentals

Embark on a transformative journey for the new year with a cutting-edge Product Development and Management Training! Elevate your skills and empower your team to thrive in the dynamic landscape of innovation.

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OTHER STORIES

• Reddit set for IPO in March this year.…read more

• Google to Invest $1 Billion in New UK Data Center to Meet Demand….read more

🚀 OPPORTUNITIES

• Safaricom, M-PESA Africa and Sumitomo Corporation calls for tech startups looking to join the Spark Accelerator program, which aims at accelerating early stage startups to grow and scale their businesses. Application deadline: 16 February 2024 . Click here to apply

• Norrsken22 invites African startups to apply for its $125k Accelerator Program. Interested entrepreneurs can apply here.

• Cohort 2 of the Visa Accelerator Program is now open for applications. Click here to apply. Application deadline: February 18, 2024

• CcHUB is currently accepting applications from EdTech companies interested in becoming members of its 2024 cohort. Click here to apply. Application Deadline: 17th February, 2024

• Application open for the MEST Training Program. The MEST Training Program is a one year, fully sponsored, graduate-level program in tech entrepreneurship. Click here to apply. Application Deadline: 18th March 2024