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Tekedia New Course: “Personal Economy Scenario Mapping (Nigeria, Global)”

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One of the greatest surprises when I started work as a banker was this: the university system prepared me on how to manage resources for companies but did a very poor job on how I could manage my own personal resources. In FUTO, we studied great topics in Engineering Management like  Engineer Turns Manager, Managerial Accounting, etc. In all those domains, everything was on how to optimize resources for the employer (yes, the company).

Dissatisfied, I went to a legend in the bank: Emmanuel Akpobovbo, a fellow of the chartered accountant of Nigeria, and he provided a path which I remain thankful for. Simply, I wanted to understand how to manage Ndubuisi Ekekwe’s resources, not just the bank’s.

As local (Nigeria) and global economies are being redesigned as a result of the Russia-Ukraine conflict, US inflation, banditry in Nigeria, high interest rates for emerging economies to refinance debts, Naira deterioration, political risk,  you must pay attention to your Personal Economy.

Our school wants to help because that is what every great school should do. Of course, we already have great courses on Personal Finance and Wealth Management, Retirement Planning, etc. This one is an addition with specific focus on the events of 2022.

Tekedia Institute is introducing a new course on how you can do scenario mapping to ensure you are prepared for whatever comes. Go here and register for the edition which begins on June 6 here.

Time for Scenario Mapping – Huge Nigeria, Global Dislocations Coming

Liverpool come from behind at the Southcoast to keep title hopes alive

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Jurgen Klopp’s men pulled off another miracle with a bionic showing against The Saints as they overhauled Southampton to keep the title still in contention.

Very unpredictably, Klopp made nine changes to the side that triumphed in the FA Cup final last weekend. With injuries already dealt to Salah, Van Dijk and Fabinho, the starting line-up was further star-striped as essentials like Arnold(replaced by Gomez), Robertson(replaced by Tsimikas), Mane, Diaz, Thiago were made to sit out on this one, Klopp turning his squad entirely upside down. Opting for less of a capable squad, the German tactician managed to get the important job done.

The Reds’ evening was seemingly getting sour as The Saints picked up an early lead courtesy of a 13th minute counter attack that saw Redmond break through the left flank before curling a shot into the net off Milner’s foot.

Liverpool drew level shortly before the half hour mark as Joe Gomez weaved a good cross into the box and Jota teed up Minamino for a powerful blast into McCarthy’s goal.

Minamino’s effort silenced Southampton’s and the away side continued to put pressure eventually claiming the highly coveted three points through an awkward second half Joel Matip header whose projectile trajectory managed to beat McCarthy.

It was a decent night for Klopp and his away fans. Konate was great, Matip did a good job, Tsimikas was able to deliver a number of crosses, Jones frequently cut through the left flank and middle, holding for Liverpool.

In the end, Liverpool were able to sidestep this challenge without a handful of top stars thanks to Jurgen’s canons. The Reds now sit on 89 points behind City’s 90 and will travel to Wolves this weekend for a do-or-die fixture whilst hoping club legend and Aston Villa manager, Steven Gerrard can do them a huge favour by upsetting their competitors when his side takes on Guardiola’s.

Southampton vs Liverpool: Predicted XI

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Liverpool will meet Southampton on Tuesday and they look to stay on course in their relatively unprecedented quest for a mind-blowing quadruple after denying Chelsea a second English Cup on Saturday.

Let’s talk a bit about the FA final
The Reds were victorious in a nail-biting penalty shoot-out as youngster, Kostas Tsimikas scored the final kick to hand his team their second title in Wembley this year at the expense of the same old Blues. Captain Cesar Azpilicueta and fan favourite Mason Mount were the fallguys.

It was Liverpool’s anyway during normal time as the elite club had a handful of breathtaking moments that could have gone their way. Tuchel and co were cut to the quick has they had also been defeated by Liverpool in the EFL final barely two months ago.

Liverpool are firing on all cylinders and are seemingly invincible at the moment. With EFL and FA already settled, the English colossus looks to repeat their successes at Europe’s elite stage and also the domestic league. Helped by a 2-2 draw between Manchester City and Westham, the top two picture will likely be reverted to its original position prior to the 1-1 upset caused by Tottenham two weeks ago; with four points seperating both teams, Klopp and his men will be more than happy to sneak back to a point less than their contestants as the Titanic battle for the domestic league should ultimately climax on Matchday 38 as it had done between both teams in 2019 when City won the title with 98 points compared to Liverpool’s 97.

Southampton, on the other hand, have nothing to lose heading into this tie. The upper and lower boundaries are already sealed against them and the red-and-white striped team will once again be registering as a quotidian member of the topflight next fall. There fore the outcome of this game won’t make much of a difference, perhaps, only to boost their ego and give their fans a well deserved performance. No Champions league football, no Europa league, no relegation-jumprope, just the customary EPL

Liverpool predicted XI:
Alisson, Robertson, Konate, Matip, Arnold, Thiago, Keita, Henderson, Diaz, Mane, Jota

Southampton predicted XI:
Foster, Bednarek, Perraud, Walker Peters, Salisu, S. Armstrong, Redmond, Ward-Prowse, Diallo, A. Armstrong, Broja

When it comes to dicy situations and tight corners like this, it is in the best interest of every tactician to be canny in decision-making. Klopp has to weigh the consequences of putting some players out there on the pitch. With both EPL and UCL still on his radar, the German must be pragmatic about this. Liverpool frontman, Mo Salah who suffered an injury during the FA final will have to watch from the stands in this one. Fabinho and Van Djik join that pack as something even greater and more gruelling than the Saints and EPL lies in wait for the inhabitants of Anfield on May 28.

Klopp has announced the absence of all three of these men as he definitely doesn’t want to jeopardise his European ambitions for Tuesday night’s match. Given ample time to rest, the pivotal trio could be back to donning Red Shirts for their club in the UCL finals where it matters most. Also, Robertson who suffered a minor cramp against Chelsea and had match winner, Tsimikas, take his place, should be back to the starting line-up against The Saints

It must be admitted that Klopp has his back to the wall in this one. Trying to simultaneously steal Mancity and Madrid’s thunder, Liverpool’s season-ending schedule has really been arduous. Three definitive games within the space of a week is no joke including one that spanned an exhaustive two-hour period. Should Anfield win this at The Saints ground, they’d still have to defeat Wolves in another hectic tie which is just four days from now while hoping City don’t overcome Aston Villa.

Google Announces $4m Black Founders Fund for 60 African Startups

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Google is committed to its entrepreneur-focused programmes in Africa, this time with Black-focused initiative designed to help startups – Google for Start-up Black Founders Fund (BFF).

On Tuesday, the web search giant said that 60 eligible Black-founded start-ups would receive a total of $4 million in the second  cohort  of BFF, NAN reports.

Mr Folarin Aiyegbusi, Google’s Head of Start-up Ecosystem, Africa, made this known in a statement announcing opening of applications for Google for Start-up Black Founders Fund for Africa.

Aiyegbusi said that following the success of the first cohort in 2021, Google increased its commitment in 2022 with additional one million dollars in funding, and support for 10 more founders.

He said that it would result in a commitment of four million dollars to 60 eligible Black-founded start-ups across Africa.

According to him, BFF Africa is open to start-ups in Nigeria, Botswana, Cameroun, Côte d’Ivoire, Ghana, Ethiopia, Kenya, Rwanda, Senegal, South Africa, Tanzania, Uganda and Zimbabwe.

He said that while the 13 countries were the prime focus due to their active tech and start-up ecosystems, strong applications from other African countries would be considered.

‘’The Black Founders Fund Africa demonstrates our commitment to supporting innovations in underserved areas.

‘’Black-led tech start-ups face an unfair venture capital funding environment; that is why we are committed to helping them thrive to be better and ensure the success of communities and economies in our region.

‘’The fund will provide cash awards and hands-on support to 60 Black-led start-ups in Africa, which we hope will aid in developing affordable solutions to fundamental challenges affecting those at the base of the socio-economic pyramid in Africa.

‘’We are hopeful that the support received by the Black founders will enable them to grow their businesses and, in turn, drive economic growth in Africa as they create solutions and give back to their communities,” he said.

He said selected start-ups will receive between $50,000 and $100,000 non-dilutive cash awards and up to $200,000 per start up in Google Cloud credits.

Aiyegbusi further said that support in the form of training and access to a network of mentors to assist in tackling challenges unique to each start-up, would be provided and that early-stage start-ups with black founders or diverse founding teams were eligible for selection for BFF.

According to him, start-ups which are benefitting Black community and those operating and headquartered in Africa as well as those with diverse founding team, with at least one Black founding member, were also eligible.

He said that those having legal presence on the continent and building technology solutions for Africa and the global market and those with potential to raise more funding and create jobs were equally eligible.

Google for Start-ups Black Founders Fund was launched in the wake of the 2020 Black Lives Matter movement as part of Google’s racial equality commitment.

The initiative is aimed at driving economic opportunities for Black business owners.

Interested applicants can find more information at  http://goo.gle/BFFAfrica.  Application closes on May 31, while winners will be announced on July 29.

Google had in 2021 doled out $1 billion for multi-faceted investment fund in Africa. Entrepreneurs and startups have begun to benefit from the fund which covers a range of initiatives – from improved connectivity to investments in startups for a period of five years.

Gokada Announces Strategic G-Partner Investment Opportunity For Logistics Companies

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One of the biggest logistics and courier delivery solutions in Nigeria, Gokada has announced its strategic G-partner investment initiative which allows other logistics companies and private entities to increase their earnings through access to thousands of customers daily.

Due to the difficulty faced with running a logistics company in Nigeria, out of a sheer passion to help other logistics companies alleviate their plight and ensure swift delivery of parcels, Gokada’s head of growth and Marketing Mr. Laolu disclosed why the company decided to share its customer base.

In his words, “The G-partner program is directed to ensuring swift delivery of parcels, enabling third-party logistics entities to scale via access to Gokada’s vast customer base and providing a cover for entities who have not been opportune to possess the required licenses. The mutually beneficial partnership will pivot around the increased earnings for partners, reduced operational cost, increased safety of customers’ delivery through Gokada’s good-in-transit insurance, and meeting the increasing customer demand through a seamless app. 

Gokada already boasts of having a robust technology network capacity to properly handle and manage the influx of customer orders on its app. According to the company’s head of growth and marketing manager, Mr. Laolu, he disclosed that already, the company has partnered with active brands like Max. ng, Climax Logistics, Faybazaar Limited, Tolex press logistics, Laffab integrated service, Adel’s logistics, and many other individuals who are already benefiting from the Gartner initiative.

According to Gokada, all that is required for intending partners to do is to ensure that they provide a minimum of 200 bikes and ensure that all riders must possess a riders card or class A driver’s license, a 4G mobile phone, and a guarantor, necessary bike documents which include (stage carriage, roadworthiness, Lagos state approval letter (MOT), OK paper, LASAA, vehicle license, and hackney permit.

Recall last year that a lot of logistics companies had to fold up, with some on hold due to issues of getting a license which doesn’t come so easy. NIPOST had to clamp down on so many logistics companies operating without any license. Currently, the law has already been implemented that any courier company found operating without a license is illegal, because the license confers legitimacy on the business.

Well, Logistics companies do not have to worry anymore about going through the cumbersome process of getting a license. Once intending partners have all these requirements needed, all they need to do is just register with the Gokada G-partnership initiative and enjoy a free operating business under Gokada’s NIPOST operating License. Gokada already has unrestricted access to thousands of customers which implies that any individual or company that partners with them, will be rest assured of increased daily earnings and a large customer reach.

This is indeed an excellent initiative set up by Gokada as it will aid those who are faced with difficulties in running a logistics company to leverage Gokada’s G-partner initiative. A lot of people and businesses who intend to run a logistics company have been faced with issues like possessing the required licenses, but with this G-partner program, it is a huge sigh of relief as they do not need to worry about all that while still running their logistics business.