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Instagram is REELY Interesting – Tiktok Gets A Big Rival

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While we are still waiting for sealing of the Tiktok deal (MicroTok, a name suggested by Ndubuisi Ekekwe for the future version of Microsoft’s Tiktok), Instagram has today, Wednesday, August 5, 2020 launched Reels. It is believed that this new Tiktok rival will be having the same, if not better features than the giant of 15 seconds video, Mr. Tiktok.

The short-form video feature is targeted to rival Tiktok’s famous identity. Users can make 15-second videos inside the Instagram app using editing tools to help film different clips, which can be shared within a new tab on Instagram’s public Explore page.

Although some users are already complaining that Instagram should spare the platform the headache that came with Tiktok, but it seems that it is already a done deal.

A note from Instagram official account:

Introducing Reels

Now you can record and edit 15-second multi-clip videos with music, effects and new creative features. Reels lets you express yourself and entertain people, whether you’re showing off a new skill or making a funny video the world deserves to see.

Share reels with friends on Feed — and if you have a public account, you can also share reels with the larger Instagram community in a new space in Explore.??

Today Reels is rolling out to more than 50 countries, and we can’t wait to see what you create.

The big question now, is.. should Microsoft continue with its proposed deal with ByteDance to localize Tiktok USA base?

IT IS REELY INTERESTING. 

 

Nigeria Launches Covid-19 R&D Funding Scheme

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Nigeria has unveiled a funding scheme for Covid-19 related research and development: “The Scheme is intended to boost domestic manufacturing of critical drugs and vaccines to ensure their sustainable domestic supply and reduce the bulk manufacturing costs of the drugs, herbal medicines and vaccines in Nigeria.’ Good move even though most universities are still on strikes. Dogonyaro – a herb in Southeast Nigeria was shipped from Nigeria to treat 3 people in the U.S. and they recovered. So, if our professors can get back to work, this could be our real oil if we get there first. Anything is possible.

The Central Bank of Nigeria (CBN), as part of its policy response to the COVID-19 pandemic, introduces the Healthcare Sector Research and Development Intervention Scheme (HSRDIS) to help strengthen the public healthcare system with innovative financing of research and development (R&D) in new and improved drugs, vaccines and diagnostics of infectious diseases in Nigeria.

Specifically, the HSRDIS is designed to trigger intense national R&D activities to develop a Nigerian vaccine, drugs and herbal medicines against the spread of COVID-19 and any other communicable or non-communicable diseases through the provision of grants to biotechnological and pharmaceutical companies, institutions, researchers, and research institutes for the research and development of drugs, herbal medicines and vaccines for the control, prevention and treatment of infectious diseases.

Here is a case study: Prof Augustine Njoku-Obi; his son married my cousin. His name might not sound popular. But he could have been the father of cholera vaccine in the world. He was the man who invented the cholera vaccine that stopped the Kano Cholera outbreak in 1972.

The World Health Organization (WHO) had approved his vaccine in 1971 and when the outbreak later happened in Kano, Nigeria deployed the vaccine. That was actually one of the finest moments of the post-war healing process – an easterner created a vaccine to save lives in Kano when a few months ago they were killing themselves! 

So, Covid-19 could meet our virologists in UNN, UI, Uyo, ABU, etc; the experts have a chance.

Nigeria Rolls Out Grants For Coronavirus Research and Cure Development, See Guidelines

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CBN Governor

As the world pushes for a cure for COVID-19, the Nigerian government has joined its counterparts to roll out grants for research and cure development.

The Central Bank of Nigeria has released guidelines on how to access the (up to) N500 million grant.

Read the guidelines below.

HEALTHCARE RESEARCH AND DEVELOPMENT
GRANT GUIDELINES

  1. Introduction

The Central Bank of Nigeria (CBN), as part of its policy response to the COVID-19 pandemic, introduces the Healthcare Sector Research and Development Intervention Scheme (HSRDIS) to help strengthen the public healthcare system with innovative financing of research and development (R&D) in new and improved drugs, vaccines and diagnostics of infectious diseases in Nigeria.

Specifically, the HSRDIS is designed to trigger intense national R&D activities to develop a Nigerian vaccine, drugs and herbal medicines against the spread of COVID-19 and any other communicable or non-communicable diseases through the provision of grants to biotechnological and pharmaceutical companies, institutions, researchers, and research institutes for the research and development of drugs, herbal medicines and vaccines for the control, prevention and treatment of infectious diseases.

The Scheme is intended to boost domestic manufacturing of critical drugs and vaccines to ensure their sustainable domestic supply and reduce the bulk manufacturing costs of the drugs, herbal medicines and vaccines in Nigeria.

The Framework outlines the operational modalities for the Scheme.

2. Objectives of the Scheme

The broad objectives of Scheme include:
2.1 Providing grants for R&D in new or revalidation of drug molecule, phytomedicines and vaccines for the control, prevention and treatment of infectious diseases in Nigeria;
2.2 Boosting domestic manufacturing of validated drugs (Active Pharmaceutical Ingredients or APIs), herbal medicines and vaccines for the control, prevention and treatment of infectious diseases in Nigeria and reduce the nation’s dependence on other countries for these drugs and vaccines;
2.3 Improving the capacity of the biotechnological and pharmaceutical companies, institutions, researchers, and research institutes in the development of approved Nigerian drugs, herbal medicines and vaccines for infectious diseases;
2.4 Supporting capacity of relevant health agencies towards attaining WHO Maturity Level 3, a prerequisite for manufacturing of vaccines in Nigeria;
2.5 Facilitating partnership between academia (researchers, research institutes and universities) and industry into the research and development of drugs, phytomedicines and vaccines for the control, prevention and treatment of infectious diseases in Nigeria; and
2.6 Reduce dependence on imported drug products (synthetic and herbal) and vaccines for the control, prevention and treatment of infectious diseases in Nigeria.

3. Eligible Research and Development Activities

Activities eligible for consideration under the Scheme shall include:
i. Research and development of candidate drugs, herbal medicines and vaccines validated by relevant health authorities for the control, prevention and treatment of infectious diseases;
ii. Manufacturing of drugs, herbal medicines and vaccines validated by relevant health authorities for the control, prevention and treatment of infectious diseases;
iii. Red biotechnological R&D in new health technology for the control, prevention and treatment of infectious diseases;
iv. Research partnership between academia and industry into the development drugs and vaccines for the control, prevention and treatment of infectious diseases;
v. Research and development into validated phytomedicines for the control, prevention and treatment of infectious diseases; and
NOTE: Candidate vaccines undergoing pre-clinical testing or trials shall not be eligible for consideration under this Scheme. However, candidate vaccine undergoing clinical testing or trials shall be eligible for consideration under the Scheme if considered to have high potential to cross the clinical trial stage and prospects of scale by the Body of Experts (BoE).

In applying for the grant, the applicant shall be required to have conducted pre-clinical testing of the candidate drugs, herbal medicines and vaccines, and obtained certification from relevant health authorities for further research and development.

Special consideration shall be given to candidate drugs, herbal medicines and vaccines with high scientific merit against emerging infections and contribute to the development of the Nigerian vaccine.

For this purpose, a BoE shall be constituted from the academia and industry to review validated research proposal submitted and recommend for financing, as appropriate. The BoE shall meet regularly to appraise the research and development project and submit progress reports to the CBN.

4. Funding

The Scheme shall be funded from the Developmental Component of the Micro, Small and Medium Enterprise Development Fund (MSMEDF).

5. Grant Limit

i. Research activities: Maximum of N50.0 million.
ii. Development/Manufacturing activities: Maximum of N500.0 million.
NOTE: Disbursement under the Scheme shall be made to beneficiaries in tranches subject to approved milestones achieved.

6. Research and Development Timeframe

i. Research activities: Not more than two (2) years from the date of release of fund.
ii. Development/Manufacturing activities: Not more than one (1) year from

7. Body of Experts

The Body of Experts (BoE) shall be responsible for the review and evaluation of submitted research proposals, as well as recommend for financing R&D projects with high potential to contribute to the development of the Nigerian vaccines for infectious diseases. The composition of the BoE shall be as detailed below:
i. Two (2) independent research specialists appointed by the CBN;
ii. One (1) nominee from National Agency for Food and Drug Administration and Control (NAFDAC);
iii. One (1) nominee from Nigeria Institute for Pharmaceutical Research and Development (NIPRD);
iv. One (1) nominee from Nigeria Centre for Disease Control (NCDC)
v. One (1) nominee from Nigeria Institute of Medical Research (NIMR) and;
vi. One (1) nominee from the Federal Ministry of Health
NOTE: The Chair of the BoE shall be appointed by the CBN.

8. Modalities

i. The applicant(s) shall submit its application, with relevant documentation of validation from relevant health authorities, trial results, patent registration details (if any) and development timetable to the Body of Experts (BoE).
ii. The BoE shall evaluate applications and recommend to the CBN
iii. The CBN shall review for documentation adequacy and completeness;
iv. Upon approval, the approved grant sum shall be released to the applicants account with any PFI of his/her choice.
v. The beneficiary shall submit periodic progress report on the project to the CBN.

NOTE: The CBN shall have proprietary right over all financed R&D outcomes or products. Equally, licensing protocol for the mass manufacturing of developed drugs, phytomedicines and vaccines shall be defined by the BoE in accordance with the World Health Organisations current Good Manufacturing Practices (cGMP).

9. Monitoring

Periodic joint monitoring of research and development activities shall be conducted by the BOE.

10. Amendments

The Framework shall be subject to review from time to time as may be deemed necessary by the CBN.

11. Enquiries and Returns

All enquiries and returns should be addressed to:
Director,
Development Finance Department,
Central Bank of Nigeria,
Abuja.
May 2020

Accelerate, Ascend, and Advance Your Managerial and Leadership Capabilities

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I am Ndubuisi Ekekwe. I coordinate this amazing program we call Tekedia Mini-MBA. It is one of the most fascinating management programs in continental Africa. In our edition 2, we have co-learners from 30 countries. With the support of business leaders from more than 30 glocal leading companies, including Shell, KPMG, Queen’s University, Microsoft, NNPC, Infoprive, Flutterwave, Coca Cola, Gig Logistics, Jobberman, etc, we are nurturing innovators and project champions. 

We provide a 360-degree management program. For example, in our Lab #1, our members are mastering how to write Business Concept Note or Business Investment Brief where workers can seek approval from Executive Management to fund innovation. We also developed a one-page business plan to help demonstrate how that project would work, financially. Of course, founders and entrepreneurs find great moments in our program. We help them sharpen their business insights besides the mastery of the critical nexus of innovation, execution and growth.

Accelerate, Advance, and Ascend your managerial and leadership capabilities with Tekedia Institute. Class begins Aug 10. Early bird benefits end Aug 7th. Register today and join us.

https://www.tekedia.com/mini-mba-3/

Google Announces New 5G Phones As WhatsApp Introduces Online Search Feature

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Google announced it is releasing three new pixel phones: Pixel 4A, which is available for preorder now and cost $349; next is pixel 5 with 5G that will be available this fall; and there is the pixel 4A 5G that will also be ready for shipping this fall at the cost of $499.

The company said the new phones will be available in the US, Canada, United Kingdom, Ireland, France, Germany, Japan, Taiwan and Australia.

Coronavirus crisis has forced Google to push back the release date of pixel 5 and pixel 4A 5G until later in the year.

The new release appears like a way to counter Apple’s iPhone SE with cheaper devices equipped with the 5G capacity. Google has a pattern of introducing cheaper versions of its own Android smartphones midway through the year.

No details of the new phones have been released; Google said it will give updates soon. But Independent reported that the Pixel 4A sacrifices a number of the specifications found in the more expensive, higher-end Pixel 4. Its polycarbonate body means the phone cannot include wireless charging, and includes a fingerprint sensor rahte rthan facial recognition.

But it retains a number of features from the old phone, including the same camera lens technology, with additional storage capacity. It also brings a new design, with the front-facing camera placed in a punched out hole in the top of the screen, rather than the forehead that has become a fixture of recent handsets.

Google said the phones have increased speed designed to “make streaming videos, downloading content and playing games on Stadia or other platforms faster and smoother.”

The competition to produce 5G enabled smartphones is rising as 5G rollout continues. Apple is expected to launch its first 5G iphone models in the fall as part of its 2020 phone release.

Google seems to be wooing consumers with price as indications point that Apple will keep its future phone prices below $1,000.

The Verge noted that the most important aspect of Pixel 4A is the price: $349, which is $50 less than both the base-level iphone SE and last year’s Pixel 3A. Competition in the sub-$500 price is increasing, and both Google and Apple appear to be using it to keep consumers in the operating systems.

Meanwhile, WhatsApp is adding a search feature to enable users to fact-check stories. The outbreak of coronavirus has exposed how social media platforms enable the spread of misinformation, and the instant message app is not an exemption.

Now it is rolling out a feature that will allow people to search for information on Google to ascertain if the messages frequently shared are true.

According to Android police, when a WhatsApp message has been forwarded many times, the app will display a special icon to let users know the message did not originate from the sender.

The app is testing a method to double-check messages suspected to originate from a third party and has been repeatedly shared, by tapping the magnifying glass button in the chat. The feature will upload the message via the user’s default browser without WhatsApp itself reading the content.

The new feature is being launched in Brazil, Italy, Ireland, Mexico, Spain, UK and the US. But it will not label messages to be true or false directly – it will allow users to research the content online to see if it’s true.

Facebook and its subsidiaries have been particularly under intense pressure to curtail the amount of misinformation on its platforms. The social media giant seems to have woken up to the call as more posts on its platform get labeled for fact-checking, and others get removed for being outright lies.

The new WhatsApp fact-checking shows that Facebook is extending the pattern to other social media platforms under its wing.