I have accepted to speak at Growth Africa Conference which is bringing thought-leaders and innovators together, to discuss and marshal out how to build $billion entrepreneurs for this age of app utility. The planting season is here and many investors and knowledge builders are planting in Africa. We will enter the growth phase very soon.
I expect a massive harvest from 2026. Forbes Africa millionaire list, take note; everything you have there will change because harvest time is near. Tekedia Institute, Africa’s most diverse school, with 39 nations represented, will serve as the knowledge partner of this program.
There will never be a great nation without growing companies; let’s grow Nigeria/Africa! Thanks Samuel Ajiboyede for putting this together.
Amazing Edition 5 Class, let me congratulate you again for completing your Tekedia Mini-MBA program on Saturday. Tekedia Institute stands for excellence and quality in business education, and you have experienced what makes us unique: educating on the tenets of entrepreneurial capitalism, anchored on three pillars of innovation, growth and business execution. We overlay digital on everything. Thank you for choosing us and more wins ahead. Get your certificate from Admin and celebrate.
I also welcome our new members starting today on Tekedia Practice on Digital Business, Agribusiness, and Renewable Energy Business. We hope the next two months will be amazing before we place you in modern companies for your 4-month internship programs. Welcome to the Institute.
And next week, a new edition of Tekedia Mini-MBA begins on Sept 13. The 6th edition of Tekedia Mini-MBA promises to be better as we are introducing new courses. To join this edition, go here and register; same N50k or $140 for the 12-month online self-paced program which has thrice weekly Zoom besides pre–recorded sessions.
Nigeria wants to sell some assets. They have many things available. This should not be surprising as I noted that by 2025, Nigeria will sell some university campuses to fund its bloated budgets. Yes, expect the privatization of some federal universities before the end of this decade! In Abia state, the state abandoned a college of education and weeds are now schooling therein! Check out the list...
The Nigerian government hopes to sell or temporarily hand over control of dozens of state-owned businesses in a bid to resuscitate them in 2021 and beyond. […]
For the current year and beyond, the Bureau said it has over 36 transactions and projects, including new reform initiatives for the health, education, and oil & gas sectors.
The document listed the various 2021 definitive projects under the purview of the Bureau of Public Enterprises (BPE) to include the Nigeria Integrated Power Projects (NIPPS); Calabar, Geregu, Omotosho and Benin (IHOVBOR); Transmission Company of Nigeria (TCN); Zungeru Hydro Plant; Nigerian Postal Service (NIPOST); Abuja Environmental Protection Board (AEPB) and the Nigeria Film Corporation (NFC).
Others are the Federal Capital Territory Water Board; Abuja International Conference Centre (AICC); Save sugar company; Lagos international trade fair complex (LTFC); Tafawa Balewa Square (TBS); River Basins Developments Authorities (RBDAS); Bank of Agriculture (BOA) and the Nigeria Commodity Exchange (NCX).
People, it is a big yard sale – and everything is discounted. I like NIPOST if the price is good. You can buy it just for the prime real estates, and not necessarily for the logistics business. Of course, be aware that pension obligations associated with such assets could be challenging to handle.
A few months ago, I wrote that SpaceX Starlink would in near future develop a “special phone” which would make it possible for users to connect directly to SpaceX satellites without an “intermediary” or downlink station. That call has come to pass.
Elon Musk, the generation’s finest innovator, tweeted this: “Our satellites launching in next few months have inter-satellite laser links, so no local downlink needed. Probably active in 4 to 6 months…. Technically, data packets do not need to touch regular Internet – data can flow from user terminal to satellite/s to user terminal”.
Largely with this, SpaceX Starlink can deal directly with users, cutting even regulatory ordinance in nations. Unless a country bans the distribution of the phones, there is no way it can stop this redesign.
With Moore’s law on its side, the cost of the electronics will keep dropping – and over time, the phones will become cheap enough. If that trajectory is followed, be concerned if you are running a telco business, especially in rural Africa, because satellite broadband in this format Starlink is bringing it will provide a new basis of competition.
Our satellites launching in next few months have inter-satellite laser links, so no local downlink needed. Probably active in 4 to 6 months.
Comment:Ndubuisi Ekekwe Its not just banning the distribution of phones, per ITU standards the regulators control the spectrum, so without banning phones the user or SpaceX/Starlink still need the regulators to manage the freq. spectrum used or the solution wont scale.
My Response: My thinking is this: Elon Musk might have tried to engage many regulators and many are not open for business since they want to sell spectrum and command the airwaves. So, this playbook is to use tech to overcome that conversation. Personally, I hope Musk does not follow this path because if he does, he could consolidate all digital wealth in America since over time, no one will care for Glo, MTN, etc. But whether it is possible, yes indeed. People who use satellite phones do not ask bureaucrats for permission to get receptions already! The issue is when the whole village does that!
I read this report from CNN on the current battle between the Taliban and a province (Panjshir Valley) which remains out of Taliban’s control in Afghanistan. The Panjshir Valley has the National Resistance Front (NRF) fighting therein. An interest is this statement from NRF after Taliban reported a few days ago that it had entered the valley, claiming that it would be concluding the battle soon.
An NRF spokesman said: “We have allowed them (Taliban) to enter the valley intentionally and now they are trapped. ..This is a tactic we have used from our playbook from the 1980s when the Soviets entered the Valley. The NRF is all over Panjshir and the Taliban have suffered heavy casualties tonight”.
No one is sure who is telling the truth, but you will not miss the use of the word “Playbook”. Politicians and business leaders do this all the time. An opponent produces bogus surveys telling you that your numbers are looking good, and that a state is winnable, even when it knows you have no chance; Trump campaign did it for Biden in Texas but Biden campaign despite many asking it to go for it (win Texas) did not fall for that trap.
The US during the Gulf War did a similar thing: it “leaked” many documents that it was coming through the Euphrates River, conditioning the Iraq military to station there for resistance there. Magically, they came from another area, flanking Saddam Hussein soldiers and Baghdad fell in about 3 weeks.
I called this Fish Bait Acquisition Construct in business. Yes, what looks like easy wins may be designed to emasculate a business, trapping the brand into annihilation. Have awareness!
