Every generation, new species of companies transform economies at scale. Using Nigeria as a case study, in the 1990s, new generation banks changed the ordinance of Nigerian banking, offering better services, and advanced the wealth of the nation.
Ten years later, in the 2000s, it was the time for voice telephony when MTN, Glo, Econet(Airtel) and others took over. Those companies created new platforms for new economic architectures.
Another ten years, in the 2010s, we experienced the dawn of mobile internet when our phones became wirelessly-networked digital computational systems, offering us the opportunities to have bank branches, digital stores, etc in our phones.
In this new decade of 2020s, this is the era of application utility where young people are combining and recombining factors of production to fix market frictions, by using the combinatorial powers of technologies to transform our economies. From logistics to healthcare, education to real estate, fintech to agriculture, and more, the power of mobile internet, anchored on cloud and souped in evolving AI systems, is eating problems away.
At Tekedia Capital, we’re at the center of this transformation. Join our Syndicate today and co-invest in some of the most amazing young companies in Africa and beyond. The next edition begins soon; now is the time to become a member. We’re bringing a company which in 9 months has processed close to $100m in a small West African country! We found it before the BIG growth journey. Go here and become a member.
Book a 1:1 (one-to-one) live video consultation and get personalized professional & business advice with Prof Ndubuisi Ekekwe here.