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Fuelfact FuelPay APIs Now Available for Banks and Fintechs; Fuelfact is a Tekedia Capital Portfolio [video]

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APIs are now ready for banks and fintech companies which want to integrate and bake Fuelfact FuelPay to enable their customers to pay for fuel in selected filling stations cash-free and card-free. Our technology is powered by Nigeria’s most advanced  Forecourt Automation (FCA) and Wetstock Management (WSM) system.  We help filling stations reconcile fuel assets from depots to dispensing nozzles, real time, and 24/7, making it possible that no Naira or fuel can “leak”.

More so, our tech has a cashback feature which makes it an ATM! You can collect cash from the attendant. And remember, you also do not even need to leave your car: the pump attendant waits for you to scan, and s/he does the dispensing.

Also fuel retail chains who want to run their prepaid card programs are invited. FuelPAY provides wallets for chains to improve the experience of their valued customers. For instance, there will be Total FuelPAY wallet, RainOil FuelPAY wallet, etc.

Tekedia Capital Syndicate members discover and fund some of the most amazing startups operating in Africa. Learn more and join our community here 

The Next Tekedia Capital Syndicate Begins April 8, 2023; Invest in Africa’s Best Startups

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The greatest companies in Africa have not been started and the empires of the future are being built. Will you be part of the creation through entrepreneurial capitalism? If you answer YES, join us, as we fund the next generation of companies through Tekedia Capital Syndicate. Nations rise when entrepreneurs emerge – but those entrepreneurs need capital to execute their missions. Tekedia Capital makes friends with innovators. Be part; read, join our Syndicate and co-invest with us.

Greetings! We’re announcing the timeline for the next Tekedia Capital Syndicate which begins April 8, 2023 to close May 8, 2023 as follows:

Current Portfolio Business Update: Saturday, April 1, 2023 at 3.30 – 5.30pm WAT. The Zoom link for this update is in the Board when you login.

(Remember, you do not need to wait for this to get an update on your portfolio companies. There is a link in the Board to schedule a time anytime; a Zoom link is also provided).

New Startups Are Posted: Saturday, April 8, 2023 (we will post the startups including Tekedia Capital Overview videos, pitch decks, valuations, and other supporting materials. Members will go through them to understand the startups for possible considerations).

Startup Demo Day: Saturday, April 29, 2023 at 4-6pm WAT (all the startups will attend, pitch and  and also answer your questions)

Payment Transfers, Agreement Signings, etc: April 8  – May 8, 2023

What To Do Now: Link to register and become a member is here

Regards,

Tekedia Capital Team

capital@tekedia.com

Note: by joining Tekedia Capital Syndicate, you attend  Tekedia Institute’s Venture Investing and Portfolio Management program at no additional cost (a $400 saving). The next scheduled date is here. 

Chimaraoke Nnamani Loses His Senatorial Seat to Kelvin Chukwu, Resigns from PDP

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Former Enugu State governor Chimaraoke Nnamani has lost his reelection bid as Senator representing Enugu East, to Kelvin Chukwu of Labour Party.

Kelvin Chukwu is the brother of Oyibo Chukwu, the original candidate of the LP for Enugu East senatorial district, who was murdered days to the election.

Chukwu polled 69,136 votes to defeat Nnamani who scored 48,701 votes, ending his senatorial ambition and the potential of becoming the next senate president.

“In the Land of the Igbo, the people have spoken. They have spoken under the influence of an unholy concoction of the 2 most powerful social “opioids.”  Ethnic jingoism and Religious Extremism both powered by the trilogy of Priests,” Igbo Patriots” and vulnerable Youths,” Nnamani tweeted following the conclusion of the election.

The two–term Enugu governor also announced his resignation from the Peoples Democratic Party (PDP) even though he was expelled from the party prior to the election. He said made the decision, which he made due to irreconcilable differences with the national leadership of the party, came after he has consulted with his associates and constituents.

Before the election

Nnamani’s fallout with the PDP began before the elections. The 62-year old had shifted his loyalty to the ruling All Progressive Congress (APC), following the emergence of Bola Tinubu, a former Lagos State governor, as the party’s presidential candidate. He also got in a rowdy public brawl with ‘Obidients’, supporters of the LP’s presidential candidate, Peter Obi, who he dubbed ‘Obidiends.’

His unrelenting support for Tinubu against PDP’s presidential candidate Atiku Abukakar, got the party to suspend him and eventually expelled him for antiparty activities.

Days before the election, the PDP had written INEC, asking that Nnamani’s candidacy be withdrawn as he was no longer a member of the party. But the Senator had countered the move, arguing that his removal has become a subject of litigation and also, it is against the Electoral Act to oust a candidate whose name has been duly submitted to the electoral commission.

“It is also important for the commission to note and be well guided that by the virtue of section 33 of the electoral Act, a political party cannot on its own arbitrarily remove or change its candidate whose name has been submitted and published by the commission for an election except in the event of death or withdrawal by the candidate,” Nnamani’s lawyer, Rickey Tarfa, had said in a letter to INEC.

The outcome

However, while Nnamani retained his candidacy, the people of Enugu East showed he is no longer their choice. He had boasted before the election, during an altercation with Obidients, that no one can unseat him. “Who will beat me in an election in Enugu?” He had taunted a Twitter user.

Nnamani blamed his loss on a lot of factors, including Obi, who he said has obstructed the political future of the Igbos by playing ethnic politics.

“Peter “Gringory” Obi has set the Igbo political trajectory 24 years back. He has become a twin Blight &Scourge on the Land. His devious Opium served to Christians within sections of Nigeria and to Igbo domiciled in different sections of Nigeria is wicked and dangerous,” he said.

Dr Charles Igwe Donates To Tekedia Scholarship Fund

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Good People, join me to thank Dr Charles Igwe PH.D, EMBA, PMP for contributing to Tekedia Institute Scholarship Fund. We thank him for his generosity which will make it possible for young people to attend our world-class business program. Tekedia Institute awards hundreds of scholarships yearly due to the generosity and kindness of citizens and companies; they fund the FUTURE. Thank you Dr as you work on those nuclear labs in Canada (big prayers). Visit our testimonials page.

Welcome! At Tekedia Institute, we co-learn with thousands of professionals and students, from 41 countries, on the mechanics of business, connecting innovation, growth and operational execution, across market territories and industrial sectors. Our Faculty members come from Microsoft, Google, Shell, Flutterwave, Nigerian Breweries, NNPC, Jobberman, Coca Cola, PwC, and other great organizations. Besides pre-recorded courseware, thrice weekly, we hold live Zoom sessions (Tue, Thur and Sat at 7pm WAT). REGISTER and join us! – Prof Ndubuisi Ekekwe, Tekedia Institute Lead Faculty.

Thank you Unyime Obot for Funding the Future

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Good People, join me to thank Unyime Obot  for donating to Tekedia Institute Scholarship Fund. And he is doing this in perpetuity. Through his generosity, more young people will attend our world-class business education.  We thank Mr. Obot for funding the future. Visit here to read the testimonials and impacts of our programs.

Registration for another edition of Tekedia Mini-MBA (June 6 – Sept 3, 2022) opens. Tekedia Mini-MBA, from Tekedia Institute, is an innovation management 12-week program, optimized for business execution and growth, with digital operational overlay. It runs 100% online. The theme is Innovation, Growth & Digital Execution – Techniques for Building Category-King Companies. All contents are self-paced, recorded and archived which means participants do not have to be at any scheduled time to consume contents. Our programs are designed for ALL sectors, from fintech to construction, healthcare to manufacturing, agriculture to real estate, etc.

More so, the sector- and firm-agnostic management program comprises videos, flash cases, challenge assignments, labs, written materials, webinars, etc by a global faculty coordinated by Prof Ndubuisi Ekekwe. When we finish, we will issue a certificate from the Tekedia Institute, Boston USA.