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Home Blog Page 6822

Nigerian Investors Send Better Gifts than Londoners to Airtel Africa

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All the consultants noted that Airtel Africa will be saved by London within the nexus of stock market. But it seems Nigerian investors will help the company. Airtel Africa listing in London was no-good! But the listing in Nigeria is looking really great. In short, the secondary listing is now bigger than the primary listing. Go figure. MTN Nigeria is also doing great in the Nigerian Stock Exchange despite the challenges in the global telecom stock market value (Bloomberg uses black market rate, I used official rate in my MTN market cap).

MTN Nigeria now enjoys a market cap of N2.636 trillion ($8.5 billion), clearly more than 20% of the total value of the Nigerian Stock Exchange. This is simply amazing because the global average of telecom stocks is actually below water, according to data compiled by Quartz. Yes, despite the largely boom stock era in the developed world, the telecoms have struggled. In the developed world, telcos have been normalized – dead pipes powering modern commerce. Yes, they are stuck at the center of that smiling curve.

 

Kobo360 Congratulates Africa on ACFTA

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Ndubuisi Ekekwe had since resigned from Kobo360 board.

The African Continental Free Trade Agreement (ACFTA) will need modern logistics to thrive. Kobo360 CEO, Obi Ozor, releases a short statement informing our customers – from Dangote Group to Flour Mills, from Unilever to Olam, and indeed from SMEs to the largest corporations in Africa – that Kobo360 will be ready.

As a Member of the Board of Directors coordinating Strategy, I join our CEO to assure our customers that Kobo360’s G-LOS (global logistics operating system) is already working to ensure we are ready on DAY 1 of ACFTA to power Africa.

We are growing, and bringing efficiency in the utilization of the factors of production through supply chain. Think Logistics. Think Kobo360.

Kobo360 is a tech-enabled digital logistics platform that aggregates end-to-end haulage operations to help cargo owners, truck owners and drivers, and cargo recipients to achieve an efficient supply chain framework. Through an all-in-one robust logistics ecosystem, Kobo uses big data and technology to reduce logistics frictions, empowering rural farmers to earn more by reducing farm wastages and helping manufacturers of all sizes to find new markets. Kobo enables unprecedented efficiency and cost reduction in the supply chain, providing 360-visibility while delivering products of all sizes safely, on time and in full. The Kobo mission is to build the Global Logistics Operating System that will power trade and commerce across Africa and Emerging Markets

 

 

Brickify Is Using Waste to Build Houses and Roads

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By Nnamdi Odumody

In Nigeria, 3,000 tons of waste is generated daily. Due to an ineffective waste management system, this leads to blockage of drainage and waterways, and environmental degradation, resulting in flooding (like in Lagos), and spreading cholera and other waterborne diseases. There are 24.4 million homeless people in Nigeria and the nation needs 17 million houses to solve its housing paralysis.

Brickify wants to fix this friction by recycling plastic waste into paving blocks/bricks that are used to construct roads and to build low cost houses for the poor, internally displaced persons from conflicts and epidemic, as well as those living in shanties/slums.

These blocks contain recycled plastic and are thermoplastic polyolefins of high rigidity, crystallinity, high melting point and excellent chemical resistance. The blocks are lightweight, and modular i.e. they can be moved from one location to another and can easily be coupled while not requiring skilled labor as they interlock.

Brickify seeks to offer an alternative future for the manufacture of structural and nonstructural elements for the construction of architectural projects by generating a construction system integrated with light elements, allowing quick installations; it is safe and inexpensive. Their construction system is 30 percent cheaper than traditional systems in rural areas.

Brickify is solving both the challenge of providing houses to meet demand and making the environment sustainable.

How Would You Manage That Million Dollar?

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By Olamide Egbetola

If you were given a million dollar to execute a specific project such as starting a business, and you were given proper support, mentoring and coaching that would boost your productivity, how would you manage it?

Nowadays, many youth will rather seek for a quick means to quench the instant hunger rather than starve for a moment to create a lasting platform that will eventually create a better life in the future

Technology has enabled progress in all societies and field in the world we live today, whereby you can easily learn any skills online from Search Engine Optimization (SEO), Web development, Online Marketing, Graphics  design,  Copywriting, Photography, Email marketing, Coding and lots more

Startups face a lot of challenges. Progress and challenges go hand in hand. I have experienced it and still experiencing it; success by top entrepreneurs is largely as a result of constant failing and always taking actions, just like the Japanese word Kaizen which means “continuous improvement or constant practices, personal efficiency”. Entrepreneur is a journey, sometimes you get struck at the beginning not knowing the next step to take, and then you will pause and ask yourself if you are really doing the right thing. Promoting entrepreneurship can promote economy and integrate youth into the workforce besides leading to overall development of a society.

The focus of this article is to prepare youth to take responsibilities by having a lifetime investment in business, developing new skills and taking the lead in their respective fields. Entrepreneurship strategy involves development of skills and offering values that will boost productivity.

According to Management Study guide on Youth employment and causes, “Youth unemployment is being recognized as the one of the problems that could grow into global proportions in the coming years causing social and economic problems for the societies”.

When individuals are making constant efforts to learn by looking inwardly on what skill to get equipped with,  and right set of people for mentorship, there could be opportunities in may ways which including funding their ventures. New opportunities arise only when you start.

Startups need to maximize the use of social media for marketing their products and services.  The LinkedIn marketing strategy will help you Explore Opportunities, Expand Network, Engage Connections, Establish Relationships and deepen Expert Positioning.

Africa is a rooted with opportunities, your little ideas can transform a lot.  The light is green!

AI Chips Going Mainstream

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Baidu, China’s leading search engine, and Intel are partnering to make AI chips: “Intel said it’s collaborating with Chinese search company Baidu to develop a specialized computer chip to speed the process of training deep-learning systems”, Fortune reports.

Today at the Baidu Create AI developer conference in Beijing, Intel Corporate Vice President Naveen Rao announced that Baidu* is collaborating with Intel on development of the new Intel® Nervana™ Neural Network Processor for Training (NNP-T). The collaboration involves the hardware and software designs of the new custom accelerator with one purpose – training deep learning models at lightning speed.

“The next few years will see an explosion in the complexity of AI models and the need for massive deep learning compute at scale. Intel and Baidu are focusing their decade-long collaboration on building radical new hardware, co-designed with enabling software, that will evolve with this new reality – something we call ‘AI 2.0.’”
–Naveen Rao, Intel corporate vice president and general manager of the AI Products Group

Few months ago, Intel also announced that it was working with  “Facebook to develop a computer chip to aid with A.I. inference, which happens when an A.I. system acts on the data it ingests”. A specific brand of electrical engineering called Neuromorphics is going mainstream right now with these AI chips.

Neuromorphic systems are inspired by the structure, function and plasticity of biological nervous systems. They are artificial neural systems that mimic algorithmic behavior of the biological animal systems through efficient adaptive and intelligent control techniques. They are designed to adapt, learn from their environments, and make decisions like biological systems and not to perform better than them. There are no efforts to eliminate deficiencies inherent in biological systems.

Neuromorphic chip modelling