Happy to announce that Joseph U. Ibeh Ibeh, a satellite industry analyst with Northern Sky Research, USA, joins Tekedia Institute faculty and will be working with us on a new course we are developing for Tekedia Mini-MBA.  Mr. Ibeh is one of the leading satellite industry analysts with focus on Africa.

Before joining NSR, he was a Senior Analyst at Space in Africa where he covered all segments of the African commercial space industry and national space programs. He co-authored the African Space Industry Annual Reports and the NewSpace Africa Industry Reports, and provided business advisory to global space companies looking to enter the African market.

The new course is titled  “Satellite Broadband Age in Nigeria, Africa: Business Opportunities, Mapping New Markets and Rural Economies”.

John Enoh, the founder of a satellite company in Texas called BeepTool is already on board.

This course  is coming after the redesign which SpaceX Starlink is bringing to Nigeria and Africa. Just as GSM unlocked new business opportunities when it came, satellite broadband will seed new markets and advance rural economies across the continent.  Our goal is to examine the industry and explore how opportunities could emerge in this emerging sub-sector.

The course  is already in the June – Sept edition of Tekedia Mini-MBA. Register here and join.

Just connecting into the studio of RadioNow 95.3 FM to speak with Todah and Ohumu. Let’s have a conversation on technology and economic development on radio.

Congrats Access Bank Nigeria Plc as Grobank South Africa becomes Access Bank South Africa Limited. This is a good win for Nigeria as in the past, it used to be South African banks buying Nigerian ones. Today, Nigerian banks have confidence and that is amazing. Welcome Access Bank South Africa Limited. Access Bank Nigeria recently took a controlling stake in Grobank, hence the name change of the South African lender.

Access Bank continues to look for more assets to buy in Africa, trying to make up for the gap which United Bank for Africa has opened within the big 4, in the race for the most AfCFTA-ready Nigerian banking institution.

CEO of Grobank Bennie van Rooy said, “This is an extremely exciting day for the South African banking industry. Our corporate customers will now have increased access to trade finance, treasury, international payments and loans through the wider distribution network offered by Access Bank’s presence in the key trade corridors that connect Africa to the rest of the world.

“Banking with Access Bank South Africa means greater security as well as access to more products and services through a best-in-class digital platform, and a full retail banking suite will soon be on offer.”

Herbert Wigwe, CEO of Access Bank Plc, said: “Today’s ceremony in South Africa seals   our commitment to delivering our strategic aspirations of becoming Africa’s Gateway to the World, in line with our vision to be the World’s Most Respected African Bank.

“We look forward to the many opportunities our collective experience and deep understanding of the African market brings to our valued clients, and the journey ahead being one of great promise for our institution and the continent.”

As they teach in business school, these remain core ways to new markets: buy local firms, do joint ventures with local firms, and start from scratch. In the next few years, we will see which one is better for Nigerian banks as they plot expansions in Africa.

Good People, on behalf of Tekedia Institute, I am honoured to invite you to Velocity Mhagic’s N25 million Prize Presentation Ceremony to Tekedia Institute. The event is scheduled as follows:

• Venue: Orchid Hotel, Plot 3,  Dreamworld Way, Lekki Lagos
• Date: Sunday, May 16, 2021
• Time: 4pm WAT
• Host: Nosa Rex

This is an academic festival for the Institute and I will be connecting from the United States. Do not eat before leaving your house!

As always, we thank you all for making Tekedia Institute a promise for the future; we thank you for those votes.

We’re Tekedia, and we know business education; read testimonials: “I love Tekedia Mini-MBA because Tekedia Live Zoom is a nice Netflix show. It is the most quality business show for this family and we’re prepaying for 3 years”.