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AutoX and Zoox Progress in Autonomous Vehicles Brings the Future of Robotaxi Closer

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Amazon on Monday debuted its self-driving robotaxi electric vehicle it intends to use for ride-hailing services. This is coming days after AutoX launched the first fully autonomous robotaxi in China.

The driverless car was unveiled by Amazon’s Zoox, a startup it acquired in June as it pushes to attain its goal of running a transport company.

It follows the recent push, masterminded by COVID-19 pandemic, to seek alternatives to manned vehicles.

The pandemic ushered in safety measures around the world that involve social distancing, forcing the ride-hailing industry to shift operation to deliveries or stay out of business.

Before now, there have been a lot of regulatory bottlenecks hindering driverless vehicle manufacturers from putting their vehicles on the roads. In 2018, a pedestrian was struck dead by an autonomous vehicle operated by Uber. The cause of the pedestrian’s death, as determined by the National Transportation Safety Board (NTSB) was “inadequate safety culture” and “deficiencies in state and federal regulation,” and it thus fueled the tight approach of regulators on approval of unmanned vehicles.

Apart from the challenge of navigating through the roads, cybersecurity concerns involving the threat of autonomous vehicles (AVs) being hacked heightened the fears of both the NTSB and U.S. lawmakers working on laws that will govern the entire autonomous vehicle ecosystem, and hindered the automakers’ quest for approval.

In East Asia, where China is leading the quest for autonomous vehicles, it has been the same regulatory story as questions about the vehicles navigational capabilities keep regulators in doubt and consequently, stall the push by driverless automakers to get licensed to operate fully autonomous vehicles.

In February, the China’s National Development and Reform Commission and ten other governmental agencies of the Strategies for Innovation and Development of Intelligent Vehicles (the Strategies) released a two-step plan for autonomous vehicle development in China.

The plan includes first, a framework for technological innovation, industrial ecology, infrastructure, regulation, and network security in the autonomous vehicle market; second, the aim to fully establish an ecosystem for AVs from 2035 to 2050.

While the plans offer autonomous vehicles a path to a future in China’s booming auto market, it reels on setbacks emanating from many areas of driverless responsibility. For instance, the Ministry of Transport issued in 2018, the Administrative Rules on Intelligent and Connected Vehicle Road Testing, stipulating that autonomous vehicles are permitted only in designated areas in China for road testing. And there is also a policy of insurance coverage of about $700,000 to cover cases of accidents.

However, despite the regulatory and technological challenges in both AV leading markets, there has been a recent shift indicating progress. The pandemic has emphasized the need for autonomous vehicles now more than before, and it seems to have eased the tightfistedness of regulators on matters of AV concerns.

AutoX’s launch of its robotaxi early this month defied the rule which mandated driverless vehicle operators to have a safety driver on the wheels while testing or using the vehicle around town. It thus underscores advancement in technology and software engineering that could get the authorities to bend the rules.

Zoox on the other hand came in a unique way that distinguishes it from other autonomous vehicles. It’s a carriage-style car, which means that passengers face each other and there’s no space for a driver or passenger seat, because it has no steering wheel.

With space for four passengers, Zoox has the capabilities of bidirectional driving which allows it to change directions without the need to reverse and navigate in compact spaces. It also has an array of cameras, radar and lidar sensors, mounted on all four corners of the car, to eliminate blind spots and give it a 270-degree field of view on the road. The car can travel up to 75 miles per hour and can run up to 16 hours on a single charge. It has airbags for each of the four seats.

With each new autonomous vehicle rolled out, there is a significant tech breakthrough erasing regulatory concerns and filling a tech gap.

While the approval of full commercial operation of autonomous vehicles seems a long shot, the progress so far spells doom for many career drivers in the ride-hailing industry. With the number of companies indicating interest in operating robotaxi growing, cab service is poised to be another victim of robotics.

Alphabet’s Waymo, GM’s Cruise, Uber and Tesla among other emerging companies are all in a mission to deliver approved driverless robotaxis as soon as possible. So the ride-hailing industry is about to witness a shift that will save it some troubles.

In November, Uber and Lyft narrowly survived being shut down in California over the classification of its drivers as independent contractors, thanks to prop.22. Commercial robotaxis means that ridesharing companies using the gig business model will have not to worry anymore about minimum wage and employee benefits.

Approved NIN Registration Centers Across Nigeria

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NIMC Card {Source: NIMC|

The Federal Government has approved 173 centres and 30 state government institutions to conduct enrolment of all persons including legal residents into the National Identity Database (NIDB) on behalf of the National Identity Management Commission (NIMC).

This was disclosed on the National Identity Management Commission (NIMC) website on Wednesday with the title, ‘Approved Data Capturing Agents (Digital Identity Ecosystem)’ on Wednesday.

This move is coming after a two-week ultimatum was issued by the government to telecom service providers to block phone numbers without NIN.

Also, all registered persons can retrieve their NIN by dialing *346# on their registered phone number for all the major networks.

Categorically divided to quicken the pace of registration so as to beat the deadline, the approved institutions are as follows:

CATEGORY A: PRIVATE LIMITED LIABILITY COMPANY

  1. Adebola Sobanjo Company Ltd

  2. Afritech Multiconcept Ltd

  3. Airtel Network Limited

  4. Aliph Technologies Ltd

  5. Amex West Africa Ltd

  6. AndyzInegrated Services Ltd

  7. Atl Activate Tech Limited

  8. Basaleh Global Services Ltd

  9. Basmak Technologies Ltd

  10. Bellokano.Com Ltd

  11. Beu-Synergy Solutions Ltd

  12. Biosec Solutions Ltd

  13. Biosecureone Ltd

  14. Blackstones Engineering Ltd

  15. Citizen Helpline Ltd

  16. Cobaz Projects Ltd

  17. Cynox IT Ltd

  18. Dantata Universal Services Nig Ltd

  19. Datamining Company Ltd

  20. Datees Global Concept Ltd

  21. DavedestInegrated Service Ltd

  22. Dune Engineering & Construction Ltd

  23. Electronic Payplus Ltd

  24. Estabet Synergy Ltd

  25. Emerging Markets Telecommunications Services Limited (9Mobile)

  26. Etranzact

  27. File Solutions Limited

  28. Fingertips Enterprises Int. Partners Ltd

  29. FlexisafEdusoft Ltd

  30. Globacom Limited

  31. Greenmozis Ltd

  32. Hunter & Cook Ltd

  33. Ibolda Health International Ltd

  34. Interra Networks Ltd

  35. Jetlink Limited

  36. Joeson Consult Ltd

  37. Joma Investments Ltd

  38. Juads Technologies Ltd

  39. Kevone Consult Ltd

  40. Khahus Consulting Solutions Ltd

  41. Kimberely Matt Nig Ltd

  42. Knowledge Resource Ltd

  43. Knowledge Square Foresight Ltd

  44. Kruggerbrent & Co Ltd

  45. Lasventures Global Services Ltd

  46. Laukamz & Co Ltd

  47. Leema Investment Nig Ltd

  48. Lexington Technologies

  49. Liviasoft Technologies Ltd

  50. MTN Nigeria Communications Plc.

  51. Multibase Investment Ltd

  52. Nehemic Nig Ltd

  53. Ninto Company Nigeria Limited

  54. Nolia Consult Ltd

  55. Nouveltech Ltd

  56. NQLB Nig Ltd

  57. Office Machines Nigeria Limited

  58. Pandus Powell’s Nig Ltd

  59. Paychex International

  60. Payvision Plus Nig Ltd

  61. Pen Prime Ltd

  62. Phase Point Platforms Ltd

  63. Pyrich Group Ltd

  64. Research and Data Solutions Ltd

  65. Rhino Niger Networks Ltd

  66. Samuiky Global Ltd

  67. Sanstonz Consultancy Services Ltd

  68. Seamfix Nig Ltd

  69. Service Management Consultancy Ltd

  70. Slogani Consults Nig Ltd

  71. Socket Works Ltd

  72. Softcom Ltd

  73. Solcorn Technologies Ltd

  74. Succesory Nig Ltd

  75. Tech Systems Ltd

  76. Tenece Professional Services Ltd

  77. Thrixes Technologies Ltd

  78. Unified Payment Services Ltd

  79. Vantage Management Consultancy Ltd

  80. VDT Communications Ltd

  81. Verifix Concept Ltd

  82. Verifyme Nig Ltd

  83. Verse It Ltd

  84. Volsus Energy Ltd

  85. Xptech Power Ltd

  86. YWC Technologies Ltd

  87. Zebra Multi Services Ltd

CATEGORY B: NON-GOVERNMENTAL ORGANIZATION AND CIVIL SOCIETY ORGANIZATIONS

  1. Africa Youth Growth Foundation

  2. An Nadaa Educational Foundation

  3. Arrida Relief Foundation

  4. Excellent World Foundation

  5. Hadejia Ina Mafita Initiative Community Based Organization

  6. Mimido Initiative & Development

  7. Murna Foundation

CATEGORY C: START-UP COMPANIES AND SMALL, MEDIUM ENTERPRISES

  1. AA&T Consulting Services

  2. Agile Talata Enterprise Ltd

  3. Andy Links GPS Data Tracking Services Ltd

  4. Avas Tech Ltd

  5. Azera Data Ltd

  6. Babalola Olawale & Kadeba Ayodele Globacom Office

  7. Data Formula Global Concept Ltd

  8. De Blue Shangarilla Limited

  9. Digidynamics Technologies Ltd

  10. Dtrexx Continental Services Ltd

  11. Ebe Data Services Ltd

  12. Ekuleku Innovation System Ltd

  13. Emjeh Multi-Investment Ltd

  14. Gefau Global Services Limited

  15. Grayhart Ltd

  16. Improved Data Solutions & Information Technology Ltd

  17. Joreal Nigeria Limited

  18. J-Mech Distribution Ltd

  19. Kable Premium Hub Ltd

  20. Kamanda Global ICT International Nigeria Limited

  21. Kasu Global Consult Ltd

  22. Layonas Engineering Nig. Ltd

  23. Legelege Entries & Travs Ltd

  24. Linx Spatial Systems Ltd

  25. Moriah Rock International Ltd

  26. Napi Technologies Ltd

  27. OAR College of Health & Technology

  28. Omokhoje Sam-Jegede & Co

  29. Pomade Consulting Ltd

  30. Oridum Limited

  31. Prestigious ICT Investment Ltd

  32. Prioclen Limited

  33. Primeage Success Team Ltd

  34. Randaframes Engineering

  35. Rayons D’or Ltd

  36. Reffi Global Ltd

  37. Rovins Global Services Ltd

  38. Ruks Enterprise International Global Ltd

  39. Sabon Sara ICT Global Concept

  40. Seas Data Resources Ltd

  41. Simpson Ventures Limited

  42. Spaceblog Technologies Ltd

  43. Spherical GIS & RS Ltd

  44. TBL Quantum Digital Tech Ltd

  45. Teenth Integrated Global Services Ltd

  46. UGS Technologies Ltd

CATEGORY D: SMALL, MEDIUM ENTERPRISES SMES (B1)

  1. A.F. Partnership

  2. AA & MM Masterclass Enterprises

  3. Abuchi Ed Ogbuchi & Co

  4. Adeoye& Associates

  5. Ajiboye Adeoye & Co

  6. Best Internet Café

  7. Bin Khalifa Global Resources

  8. Friends Café & Gen Printing Services

  9. Fx-Keyplus Concepts

  10. Gomfid Multi Services

  11. Himbell Company Ltd

  12. Hub House Global Limited

  13. IsahNguru Ventures

  14. Jibyes Consulting

  15. Jubilee Computers and Logistics

  16. Kayode Ogunro & Company

  17. Lukadol & Associates Ltd

  18. Maydan Associates

  19. Miandkay Enterprises

  20. Micropro Global Comm

  21. N. A. Samuelson Business Consult

  22. New Age Computer CBT Enterprises

  23. OAR Educational Services & Innovation Centre Ltd

  24. Olusuyi Agboola & Co

  25. Parity-Bit Systems

  26. Pentium Paul Ltd

  27. Primetouch Computers

  28. Real Positive Friends

  29. Stanford Exclusive Associates Ltd

  30. Taju Audu & Company

  31. Theo ICT Integrated

  32. Yudee Integrated Resources

  33. Zincom Technology

PUBLIC SECTOR INSTITUTIONS – STATE GOVERNMENTS

  1. Abia State Government

  2. Adamawa State Ministry of Special Duties

  3. Akwa Ibom State Ministry of Science & Technology

  4. Cross River State Government

  5. Delta State Ministry of Economic Planning

  6. Ebonyi State Ministry of Information & State Orientation

  7. Gombe State Government

  8. Lagos State Residents Registration Agency

  9. Kaduna State Residents Registration Agency

  10. Katsina State Institute of Technology and Management

  11. Kano State Ministry of Special Duties

  12. Nigeria Postal Service

  13. Ogun State Government

  14. Oyo State Ministry of Finance

  15. Sokoto Investment Company Limited

  16. Zamfara State Government

PUBLIC SECTOR ORGANIZATIONS

  1. Abuja Enterprise Agency

  2. Central Bank of Nigeria (Nigeria Inter-Bank Settlement Systems

Plc)

  1. Corporate Affairs Commission

  2. Defence Space Administration

  3. Economic and Financial Crimes Commission

  4. Independent National Electoral Commission

  5. Joint Tax Board

  6. Military Pensions Board

  7. National Agricultural Extension & Research Liaison Services

  8. National Commission for Refugees, Migrants & Internally

Displaced Persons

  1. National Health Insurance Scheme

  2. National Pension Commission Nigeria Communications

Commission

  1. National Population Commission

  2. Nigerian Postal Service

Bitcoin Surges Above $23,000

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Bitcoin is flawed but NairaCoin offers promise in Nigeria

Bitcoin leaped to its highest height on Thursday, surpassing $22,000 for the first time to make 2020 its best year so far.

The crypto giant had a rough early year, tumbling through the first and second quarters of the year while gold thrived amidst the heat of COVID-19.

Since the bitcoin halving in May, the digital coin has been relentlessly trying to prove its worth to investors looking for a safe haven from the pandemic’s economic storm. The digital coin started recording a surge after it has consistently recovered from areas where corrections were expected.

On Wednesday, the world largest coin made a giant over 10% leap to over $23,700.92 in New York to vindicate earlier projections, thanks to Wall Street big names crowding into the asset.

Bitcoin’s rally to its best performance this year has attracted investors who were looking for a safe haven against the pandemic, and thus propelled further forecasts of higher price for the digital gold.

“We have a new line sand and the focus shifts to the next round number of $30,000,” said Antoni Trenchev, cofounder and managing partner of Nexco, a crypto lender. “This is the start of a new chapter for Bitcoin. It’s a narrative the media and retail crowd can properly latch onto because they’ve been noticeably absent from this rally.”

Investors expect the cryptocurrency to reach its all-time high, the $20,000 2017 peak in December.

Last month, Citibank executive, Tom Fitzpatrick said bitcoin will trade at $318,000 by the end of 2021. Though he admitted the prediction seems improbable, but there is a new wave of investor interest to drive the surge.

Fizpatrick said the surge will be the weakest rally for the digital asset when compared to other assets such as gold. In his argument, bitcoin is all about the “unthinkable rallies followed by painful corrections,” which means, it will likely see huge price swings before finally settling at the predicted price.

SALT LAKE CITY, UT – APRIL 26: A pile of Bitcoins are shown here after Software engineer Mike Caldwell minted them in his shop on April 26, 2013 in Sandy, Utah. Bitcoin is an experimental digital currency used over the Internet that is gaining in popularity worldwide. (Photo by George Frey/Getty Images)

In March, bitcoin crashed, losing 25% and leaving investors in doubt about its strength to withstand a global crisis. Over $26 billion was wiped off the cryptocurrency market in 24 hours.

But it picked up again, winning the interest of doubting investors including some Wall Street firms. Twitter CEO Jack Dorsey among other big shots in the tech industry threw weight behind the coin with multi-million dollar investments.

Demand for its perceived quality as an inflation hedge and expectations of mainstream acceptance have become other factors aside corrections, driving its rally.

The interest spurred bitcoin to further growth as many investors spurned gold. In November, the coin hit $18,000 and has kept smashing its previous peaks.

Other coins have kept growing along bitcoin. Ether, the second largest digital coin, also rose as much as 6.9%, according to data published by Bloomberg. It was so much that Coinbase, a cryptocurrency exchange said it was experiencing congestion issues and delays in sending the token.

Bloomberg reported that the rally came as CME Group Inc., announced that it plans to expand its suite of cryptocurrency derivatives offerings to include Ether futures beginning in February.

The chief strategy officer at Coinshares, Meltem Demirors said bitcoin’s surge above $20,000 will pave way for further growth.

“The biggest thing is the macroeconomic conditions – this is the perfect setup for Bitcoin. From here things are going to move very quickly and I wouldn’t be surprised if we touched $35,000 in the next three to six months,” she said.

Bitcoin has surged 170% this year.

The contagious excitement about the digital asset’s growth is fuelling a massive flow of coin to North America from East Asia, as more investors embrace bitcoin.

“While this is a major milestone for this nascent asset class, as retail, institutional, and blue-chip investors alike allocate more capital to this space, it would not be surprising to see other coins follow in BTC’s footsteps and for this upward trajectory to be sustained into 2021,” said Scott Freeman, co-founder & partner at trading firm JST Capital.

Netflix Brings It To MutiChoice (DStv, GOtv) With Zimbabwe’s Strive Masiyiwa Joining Board

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Netflix has appointed Zimbabwean billionaire Strive Masiyiwa to its board. This is a clear evidence that Netflix sees Africa as part of its future. Besides buying movie rights and signing producers to produce more, having Strive on its board takes the playbook to a new level. Across all domains, this is epochal when it comes to regional SVOD (subscription video on demand) strategy. Yes, Strive knows Africa and has the networks and connections to everybody he needs in the continent.

Masiyiwa is the founder and executive chairman of Econet Global, a telecommunications company that operates across Africa, Asia, Europe and Latin America. Econet offers phone, broadband and satellite service, and is also a major provider of mobile payments….

For now, Africa is a small market for paid streaming video. In a continent of more than a billion people, Netflix has just a couple million customers, according to Digital TV Research. But the company has long argued that it would play the long game adding customers in Asia and Africa, home to the majority of the world’s people. Toward that end, Netflix has started offering cheaper, mobile-only plans and has commissioned a slate of original series and movies.

Of course, this also shows that Strive does not want to turn away from contents and videos after his own venture went nowhere. But the experiences he picked along the process would be valuable to Netflix.

“We are delighted to welcome Strive to the Netflix board,” Chairman and Co-Chief Executive Officer Reed Hastings said Wednesday in a statement. “His entrepreneurship and vision in building businesses across Africa and beyond will bring valuable insights and experience to our board as we work to improve and serve more members all around the world.”

This is going to be the most challenging equation for MultiChoice, the owner of GOtv and DStv:

Netflix + Elon Musk’s Starlink Satellite = Disruption of SVOD in Africa.

Yes, Netflix can practically pay for a high speed channel via Starlink and pipe videos to most parts of the content in the next coming years. Expect this playbook to role out at scale from 2025. Netflix has been known for paying ISPs to pipe its contents through a faster Internet in the U.S!

Comment on LinkedIn Feed

Tik tok is launching its app on Samsung smart TVs, if this collabo scales, then it’s time for Netflix to reposition. This playbook will blow cable TV out of the water, can someone please tell DSTV that it’s time to be afraid. Who needs the repetitive boredom of uninteresting contents when there are thousands of Tik Tik videos to entertain?. So even if Netflix  adds Opera Winfrey sef to their board and makes the next “house of cards’ series in ibibio, social media and TV is having a hybrid baby and the hybrid is called Disruption.

In 2021, Unlock Growth Through Building A Fandom of Perception-Customers [Video]

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Perception is the king of all marketing, and I ask you to read this piece to understand how to deploy a growth marketing playbook in 2021. You must build a tribe in that market or customer segment. Yes, there needs to be a spirit of fandom if you want to unlock growth.

In a research during my business school, I discovered that the most profitable customers are those whose perceptions are met. They become more loyal and you can have great margins while serving them. This research was done in Lagos (Nigeria). I developed a three-segment pseudo pyramid where Need is at the bottom, Expectation at center and Perception at the top. The perception-customers are the most sophisticated to service. But if you can nurture and keep them, you become the king of your market. They are willing agents that enable disruption in market composition and are innovation-tasty early adopters. You can also call them FANS, and they make a great market tribe.

In a world of supply abundance, being just average is no more enough; finding a way to capture demand becomes strategic. If you can do that, you will capture value. It goes beyond being smart or super-techie: nonsense. For all the Watsons and quantum computers IBM has been building, Wall Street has pegged it as a $111 billion company; Microsoft which seems ordinary has a $1.65 trillion value.

In Tekedia Institute, we have a questionnaire we send to our corporate customers. We call it Friction Questionnaire. In that, we encourage them to distill their business challenges. Interestingly, for most small firms, that becomes the first time they actually sit down and methodologically think over business problems. Make time for Strategy, to thrive.

What would you do differently to unlock growth in 2021?

LinkedIn Comment on Feed

Its a great study on early perception demand based customers. Although as you have explained in earlier postings African purchasing power is low and most of their needs like food, shelter and transport is where the statistic for purchase lies. Also there is a big education gap that means that many even till today do not believe in some technological systems that are the norm in many other nations globally.

This in turn means that there are less perception demand customers in this domain and therefore less early adopters. If based on my field, the aspect of finding early adopters is critical but almost futile in this clime, as the major thing that most people seek is that your solution either makes them significantly more money, meaning a direct cause and effect is how we see things, improved efficiency over a period which eventually leads to improvement of systems and eventually better profits is not readily considered here.

A major improvement in purchasing power by consumers must be reached in the nation for $billion companies to rise. Perception demand puts one at the edge in any market yes, yet how much of the African market embraces new ideas and technology. Great inisights once again.

My feedback: Thanks. But it is key  NOT to equate perception with the size of a purse.  It goes beyond money. Think of Indomie Noodles. What made it possible for it to have this fandom when there was nothing like it when it began? When new generation banks were charging COT in 1990s, what pushed users to still use them despite the fees they were charging when old banks did not have those fees? Largely, it was easier for a trader to part with “N100” then than waste 4 hours just to collect N100k.

Comment Follow up: Truly Indomie strategy has made them a household name across the nation. They where the pioneers in the country i believe and went on to put a stronghold on the market based on always being competitive with or without adverts today. Since their offering is FMCG industry, i would say that it falls in food needs. Indomie is clearly cheaper than a pot of soup nowadays, hence the deviation by consumers for it.

A lot of the early dollar millionaires in the nation made their wealth from the FMCG industry i would say. Case point would be cowbell and peak milk, even though peak milk dominated the market and was a household name in the Nigerian market, cowbell easily changed that with a product that met needs based on the purchasing power of the citizens. Peak eventually had to pivot. All your points are significantly right and yes there is a gradual shift to perception demand in Nigerian markets albeit some industries clearly moving faster than others.

Thanks for your posts Ndubuisi Ekekwe. They give hope to building better business people across the continent.

Beyond Customer Need and Expectation, Perception is King of Market