It touched me – some of our co-learners at Tekedia Mini-MBA joined our class 90 minutes on Zoom before time. I mean, this is starting at 7pm but dozens are already in an hour ago – we are still 30 mins away. People, we need your support to educate, inspire, and advance our young people. If you are a foundation – Mastercard Foundation, Ford Foundation, The Rockefeller Foundation, Dangote Foundation etc, – Tekedia Institute can help you accomplish your mission in the developing world.
We have demonstrated that we can motivate young people to learn via a new model of education. Our website had crashed, at 1am, because most members, to enjoy cheap internet browsing, study that time. What we are doing is simply uncommon. Partner with us.
How can you explain this – young people getting to class 90 mins before time? Simply, the program has impacts!
The China ecommerce course is now ready for Tekedia Mini-MBA. Dr Henry Chan, a leading industry consultant and academic in the ecommerce space in China and its interface with the world, has just completed an amazing course on “E-commerce in China”. The videos and everything are ready, and our team will be adding them in the next coming weeks. Our team is also working to schedule him for Tekedia Live.
Going through the course, I can see a theme: inventing new business models is critical and there is no single business model that can serve every part of the world. He put efforts to explain how China and its innovators have worked to create what they did.
More so, we are also working with the former CEO of Coca Cola India as we work to bring global insights to our business school. This is necessary as we have 36 countries represented in the current edition.
In about 40 minutes, I hope to meet everyone in the class.
Greetings and happy weekend. This is a quick reminder that we will begin the Tekedia Live session today at 7pm WAT. When you log into the school portal, the Zoom link is in the Program News & Zoom Schedule, below Lessons. Our Lead Faculty, Prof Ndubuisi Ekekwe, will begin today.
Next week, our Innovation & Design Thinking and Agile Methodology faculty members are scheduled; the specific Zoom links for those will be up on Monday in the Board when we populate the Week 3 courseware.
Tekedia Institute runs 24/7; daily short videos are shared in the Hub – hub.tekedia.com on latest business news and insights (MTN/Mastercard, Paystack payout to investors, etc). We encourage you to check as the Institute uses such to deepen learning outcomes. More so, you can join and share your insights and perspectives; all of us are learning and that is why we use “Co-learners”; we have no “students” here.
In this video, I discuss the new playbook between MTN and Mastercard. This is a new basis of competition depending on how regulators play along as the two firms integrate their technologies. If Mastercard and MTN integrate very deeply, it may be a radical new product evolution in the mobile money nations: “Through this strategic partnership, MTN customers with a Mastercard virtual payment solution linked to their MoMo wallets can make payments to global online merchants through a seamless and secure digital payment experience on websites and mobile applications.”
If you are in the fintech space, do not ignore this playbook. Why? What matters is controlling and influencing demand, and with MTN controlling millions of users, it changes the ordinance on launch.
“This significant milestone will enable millions of MTN customers to benefit from global digital commerce and drive digital and financial inclusion across Africa through easy and secure access to financial services,” said Amnah Ajmal, Executive Vice President for Market Development, Mastercard Middle East and Africa.
Hello Central Bank of Nigeria. This Bitcoin thing is scary. I mean the little BTC we made from Tekedia Mini-MBA payment is growing daily. What kind of economy would that engineer where people will wake up, after a few weeks, to see 2X returns? People, the United Nations Security Council needs to call an emergency meeting on BTC! No matter how you see this, there is a valid reason for concerns.
Somebody paid you $140 for a product, and within two months, that $140 turns into $210, just for leaving it in a “bank” account. How would the world run like that?
Bitcoin and broad cryptocurrencies are banned in Nigeria.
The Central of Bank of Nigeria’s (CBN) circular of January 12, 2017 ref FPR/DIR/GEN/C1R,06/010 which cautioned Deposit Money Banks (DMBs), Non-Bank Financial Institutions (NBFIs), Other Financial Institutions (OFIs) and members of the pubic so the risk associated with transactions In crypto currency refers.
Further to earlier regulatory directives on the subject, the Bank hereby wishes to remind regulated institutions that dealing in crypto currencies or facilitating payments for cryptocurrency exchanges is prohibited. Accordingly, all DMBs.
NBFIs and OFIs are directed to identify persons and/or entities transacting in or operating crypto currency exchanges within tier systems and ensure that such accounts are closed immediately. Please note that breaches of this directive will attract severe regulatory sanctions. This letter is with immediate effect.”
Comment: I’m wondering, Prof. What would the UNSC be suggesting to members in such a meeting, bTW?
My Response:This is a global security concern! If this hits $500,000 human nation-states can emerge for doing absolutely nothing except holding some bits and bytes. At least in the past, people got there for building real companies that solved people’s problems. But here, NOTHING. That is a risk to any economy because it will distort economic equilibrium and trigger crises. That is a security matter!
Next comment: isn’t that how start up investment works. You invest, you wake and it is doubled. In this case the collective is working, it’s not all the time you need to work to make money. This is decentralized wealth.
My response: startups build products and services, and are solving problems. The hodling* you are doing with BTC is not building any business or solving any specific friction. That is the difference. Hold ABC Ltd, you can get 10x but ABC is solving a problem. Hold BTC and get 10x, how did you help the world fix its problems as you are compensated? As I look at our wallet, it makes no sense that someone paid us $140 about four weeks ago, and that money is now above $200. That is not sustainable if we want to have a decent world.
