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Week 15 Session

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Notes: Check out the new home of Tekedia Mini-MBA: school.tekedia.com Tekedia LIVE  Wednesday | 7pm – 8pm | Scaling through Partnerships, MultiChoice/DStv BetKing Deal, General – Ndubuisi Ekekwe | Zoom link Thursday | 12noon – 1pm  | Raising Capital for SMEs and Startups – Comfort Aruosa-Osemwegie, CEO DealRoom | Zoom Link Saturday | 7pm-8pm | […]

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Week 12 Session

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Notes: Check out the new home of Tekedia Mini-MBA: school.tekedia.com Tekedia LIVE  Wednesday | 7pm – 8pm | Scaling through Partnerships, MultiChoice/DStv BetKing Deal, General – Ndubuisi Ekekwe | Zoom link Thursday | 12noon – 1pm  | Raising Capital for SMEs and Startups – Comfort Aruosa-Osemwegie, CEO DealRoom | Zoom Link Saturday | 7pm-8pm | […]

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The Really Bad UAE/Dubai “Golden Visa” Policy

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The United Arab Emirates (read Dubai) has updated its visa policy. Looking at it, it looks enticing but it is actually a very poor policy for professionals. Why do you need a ten year visa in a place you are working and living permanently? Essentially, there is NO path to citizenship within those first ten years – and I think that is a VERY big problem for people that may be considering it.

The United Arab Emirates will extend its “golden” visa system – which grants 10-year residency in the Gulf state – to certain professionals, specialised degree-holders and others, the UAE’s vice president said on Sunday.

Foreigners in the UAE usually have renewable visas valid for only a few years tied to employment. The government in the past couple of years has made its visa policy more flexible, offering longer residencies for certain types of investors, students and professionals.

All holders of doctorate degrees, medical doctors and also computer, electronics, programming, electrical and biotechnology engineers are eligible, UAE Vice President and the ruler of Dubai Sheikh Mohammed bin Rashid al-Maktoum said in a statement.

Also eligible are those with specialised degrees in artificial intelligence, big data and epidemiology, as well as high school students living in the UAE who rank top in the country and students from certain universities with a GPA of 3.8 or higher.

After first announcing a long-term visa plan in 2018, the UAE in 2019 started granting 5- and 10-year renewable visas to certain foreign investors, entrepreneurs, chief executives, scientists and outstanding students.

Do not immigrate to countries where you would work for ten years, and still need to be on a visa. It is a very bad call because what that means is that by the time you cannot work, upon retirement, the system will not pay you since most benefits are reserved for citizens.

Canada and the United States remain the gold standards: they give you a path to citizenship as a permanent resident, and that is a huge benefit.

More so, as I have noted here: PhD is a career insurance. Increasingly around the world, they cannot have enough of them especially those in the technical areas. I do not see how it could hurt anyone who chooses to get one! Even Dubai likes to keep PhDs. But do not fall for their visa policy if you have other options – there is nothing golden in it.

Yes, it is pure exploitation of young people who are increasingly looking for greener pastures. If you must leave Africa, consider Canada and the United States; their immigration & citizenship  policies are better.

The UAE must include a path to citizenship for people who come into the nation to live and work. Permanent residency is not just enough.

Overview of 4th Edition of Tekedia Mini-MBA (Feb 8 – May 3, 2021) [Video]

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Registration for 4th edition of Tekedia Mini-MBA (Feb 8 – May 3, 2021) begins. Tekedia Mini-MBA is an innovation management 12-week program, optimized for business execution and growth, with digital operational overlay. It runs 100% online. The theme is Innovation, Growth & Digital Execution – Techniques for Building Category-King Companies. All contents are self-paced, recorded and archived which means participants do not have to be at any scheduled time to consume contents.

Learn more and register at the edition page. Note the early registration benefits and deadlines.

Code Program
MINI Tekedia Mini-MBA costs US$140 (N50,000 naira) per person.
MINR Add extra (optional) $30 or N10,000 if you want us to review and provide feedback on your labs.
MINF Annual Package (includes 3 editions of MINI and optional 2 certificate courses): $280 or N100,000.
CERT: Add extra (optional) $60 or N20,000 for each capstone-based Certificate specialty course. You must have attended, begun, or about attending Tekedia Mini-MBA to qualify. The following Certificate tracks are available:

 

Year 2022: The Inflection Year of Immersive Broadband Connectivity in Africa

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I predicted that immersive internet connectivity will hit Africa by 2022. That prediction is just coming along as SpaceX Starlink begins beta testing of its satellite broadband program. The price as announced by SpaceX is high but after two generations of this product, I expect the price to normalize. Then, the redesign will begin as terrestrial-based broadband service providers like MTN and Airtel in Africa will have to take drastic actions on their services.

In terms of pricing, SpaceX says in the emails that the cost for participants in this beta program will be $99 per moth, plus a one-time cost of $499 initially to pay for the hardware, which includes the mounting kit and receiver dish, as well as a router with WiFi networking capabilities.

The goal eventually is to offer reliable, low-latency broadband that provides consistent connection by handing off connectivity between a large constellation of small satellites circling the globe in low-Earth orbit. Already, SpaceX has nearly 1,000 of those launched, but it hopes to launch many thousands more before it reaches global coverage and offers general availability of its services.

Look at this table below, and the 2022 prediction is looking solid. Simply, by 2022, the global population will be at parity with internet users. The implication is that within the next few years, we would have additional 4.2 billion internet users. Most of them would come from Africa and India.

2022 Will Usher The Era Of Wireless Nigeria, Africa

Your business must find a home on the web; there is no going back. Watch the prediction video again.