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Stop Sending Those Proposals via Emails

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Proposals handshake

Stop sending proposals via emails. Stop emailing those potential clients. Invest on face-to-face meetings. The people who make decisions in Nigeria do not care about your emails UNLESS they have met you in person! We lost one of the biggest benefits of internet many years ago because of Yahoo Yahoo Boys. Those boys poisoned our web making it harder for people to trust the web. Yes, from ecommerce to business transactions, the suspicions are unprecedented. Nigeria is the only place on earth where you must include account number, expiry date, three digits at the back, PIN, prior-internet use approval, online transaction activation, (password), etc just to use your debit cards on the web. And at the end, we still record failure rates in high double-digit for attempted online transactions.

While today Nigeria is considered a leading ecommerce market, up until a few years ago, this was not the case.  In fact, in the first years of this decade, online payment failure rates were as high as 60-70% of attempted transactions in Nigeria.  Mobile money had only recently begun to gain acceptance, and many Nigerians were wary of cyber fraud, limiting ecommerce acceptance.

Forget what they are writing on TechCrunch and New York Times on the use the digital marketing to grow businesses. Those things are mainly for America: in Nigeria, humans (yes, atoms) move markets. The bytes are supportive but do not build business development purely on it. You need digital marketing, of course, but it can only work for most sectors when you have people who can meet those clients, and close deals. It is very unlikely for many Nigerian decision makers to sign some important deals without shaking hands. That does not mean that digital marketing is not relevant. It is hugely relevant but you cannot forget what works today.

Linda Ikeji is peerless in understanding how social media and blogging work. She is better than any Nigerian including those that work for Google and Facebook. I do not read her works because the focus is not my interests. Yet, I wanted to know why she was successful. Most Nigerian companies put Linda Ikeji on their tags to get traffic. I spent time and saw an interview where she explained her minor secrets.

{…]

When she started blogging more than a decade ago, most people blogged with pseudonyms or simply ‘editors’: Linda used her real name, and went ahead to name the blog after herself. She brought authenticity and connected with people, as they knew who was writing.

In the interview, Linda made it clear that without that real identity, you lose authenticity. She explained that contents have values due to the creator and not just the contents; anyone that wants to do well in connecting with readers must be open. Her other point was self-explanatory. Of course, some do click-bait. Yet, every person must find ways to understand what the audience wants.

That is for a blogger. For people exploring partnerships and deals, the human element is the way to show that authenticity. No clever web design can do it if you want those proposals to have closures. The fact is this: there is no way to have success in the public sector in Nigeria unless you are ready to meet the decision makers and explain what you have articulated in any proposal. Once you do, you can move to your emails to follow-up. But do not waste efforts sending digital contents and proposals to people you have never met in Nigeria, for business. Those marketing strategies rarely work.

Google Launches AI Center in Accra, Hiring Many Positions

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AI Center

If you work in the domain of AI, Google has come to Africa, opening an AI Center in Ghana, and you could be part of the team. If you have AI capabilities, apply. This could be an exciting career for you. This AI center will likely continue this vision of Google even in Africa.

We’ve seen people across Africa do amazing things with the internet and technology—for themselves, their communities and the world. Over the past 10 years in which Google has had offices in Africa, we’ve been excited to be a part of that transformation. Ultimately 10 million Africans will benefit from our digital skills training program with 2 million people having already completed the course, and we’re supporting 100,000 developers and over 60 tech startups through our Launchpad Accelerator Africa. We’re also adapting our products to make it easy for people to discover the best of the internet, even on low-RAM smartphones or unstable network connections.

Today, we’re announcing a Google AI research center in Africa, which will open later this year in Accra, Ghana. We’ll bring together top machine learning researchers and engineers in this new center dedicated to AI research and its applications.

AI has great potential to positively impact the world, and more so if the world is well represented in the development of new AI technologies. So it makes sense to us that the world should be well represented in the development of AI. Our new AI center in Accra joins the list of other locations where we focus on AI, including Paris, Zurich, Tokyo, Beijing, Montreal, Toronto, Seattle, Cambridge/Boston, Tel Aviv/Haifa, New York, and our Mountain View/San Francisco headquarters. If you’re a machine learning researcher interested in joining this new center, you can apply as a Research Scientist or a Research Software Engineer. You can also view all our open opportunities on our site.

Will Deliver Special Address in ATIGS, World Trade Center Washington D.C on June 25

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Special address

I will deliver the special address during the 2018 Africa Trade & Investment Global Summit (ATIGS), scheduled on June 24 to 26, 2018 at the World Trade Center Washington D.C. The topic and time are as follows:

– Title           :   Investing Frontiers in Africa’s emerging Exponential Agriculture: Special Address 

– Timing      :   25 June 2018 – 3:00 Pm

As I have noted, for more than 500 years, when technology penetrates into any sector, productivity improves. And when productivity accelerates, human welfare ticks up. The future of Africa is promising because the era where farmers will not need emergency food supplies from government is near. They would become business-people and not just custodians of ancestral ways of living. Yes, when agriculture advances, more than 65% of working Africans will see improvements in their lives and their households.

As a “data farmer” in the continent, providing technologies to farmers, I will use primary data from our operations to explain that exponential yield is around the corner. My talk will explain why agro-millionaires will emerge and how young people are driving African agriculture. And most importantly, I will explain the investing opportunities and the enablers of the sector.

My talk in Upcoming ATIGS USA â?? â??Investing Frontiers for Africaâ??s Emerging Exponential Agricultureâ?

ATIGS is a prestigious biennial business conference and exhibition designed specifically: (1) to promote and facilitate international trade between Americas, Asia, Caribbean, EU, UAE, with Africa, (2) to facilitate foreign direct investment in Africa and, (3) to provide a platform for businesses to expand into new markets. The ATIGS 2018 edition will gather key economic players from more than 70 countries including government delegations, high-profile African leaders, project developers and international investors.

Nigeria’s Minister of Industry, Trade and Investment, Hon Dr Okechukwu Enelamah, and former Nigeria’s Vice President, Atiku Abubakar, will present plenaries. Also, the Vice President of Gambia, Deputy Senate President of Nigeria and hundreds of delegates would attend the event. They also plan to livestream this event (learn here).

Win with Values in Business

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business values

In the last few years, information and communication technology (ICT) has provided opportunities for startups to reach new markets which hitherto would not have been possible.  ICT has redesigned commerce and facilitated social, political and economic developments of countries by offering efficient means of transacting businesses and enabling human collaborations. It has transformed institutions, communities and states into knowledge-based economic structures and data societies with electronically linked interdependent relationships. The result is a networked society where competition is not just local, but global. A Brazilian web developer has to be concerned about a potential threat from Silicon Valley. Consequently, startups pursue talents to stay competitive. And some of these talents become influential and expect the company values diluted for them.

Over the years, I have seen startup founders struggle with managing talented business and tech hires. These people get the job done, but some cherry-pick values they adhere to. Because of their good hard numbers or design expertise, they always get away with things that would have fired others. Too bad, a company that fails to recognize that values matter as much as numbers has its days numbered.

I have been involved in startups. I have seen very bright employees exerting influences with the notion that if anyone tries to call them to order, they will leave.  For them, the immutable rule in business that value is cardinal to the health of any organization does not apply. It is always based on the illusion that what matters is hard-number-performance and when that is good, everything is fine. Founders get into a trap – he executes very well and we just adjust for him.

Unfortunately, if there is anything in a startup that must be constant, it is an environment of integrity and values. This is not the written culture on the office walls; it is the one staff demonstrates – internally and externally. It is what the suppliers, customers and partners know about the company; no one should be exempted from it.

Creating companies like IBM and GE with more than a century of existence can only happen when there is value. When a company has a culture that goes beyond mere words to one that is integrated in the bloodstream of its operation, with consequences for defaulters, it has a chance for the future. If one builds great numbers without value, sooner or later the company will crash. For me, values are more important than the hard numbers. The numbers do not guarantee anything permanent but values will constantly define a company. Great employees are only those with good numbers and good values.

As a business owner, I have let talented hires with poor values go. The last one studied abroad and joined with the mentality that he was supreme, constantly pushing the notion that Africa-educated colleagues were not his “class”. The business depends on people working together, and with his attitude, the risk of breaking team chemistry was evolving. Irrespective of his numbers, I never doubted that those would be temporary. Unable to be mentored and without respect to colleagues, he poses a risk to years of tradition built around teams in our business. He left and I explained to the team that he was gone for not demonstrating company shared values despite having good numbers.

Startups must grow on values which everyone including management must demonstrate. Without strong culture, good governance will not be possible and no company can survive on the long haul. It is risky to sacrifice values for performance numbers because both must never be isolated if sustainable effective systems must be established. This ensures that performance goals are practicable and achievable to avoid pressuring employees into ethical quagmire.  This is important because while we report numbers, companies win on values!

The Achieving Leadership via Chaos

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Trump North Korea, Achieving Leadership

Leadership comes in many ways, and some of the people that lead this world, in great ways, are not typical. In MIT engineering admission, they make space for 1% of students who may not conform to the typical “brilliant” students. They admit secondary school dropouts! In my PhD in the Johns Hopkins University, one of my advisors has no master’s degree [I am not sure he finished undergrad]. But that man holds the patent in 98% of all microphones used in smartphones. He is one of the professors the world calls when microphones need to work at its best. The same comes to leadership – and we are learning from Trump. Some of the nonconforming actors change the world we live. Leadership does not need to have all known orders to be viable.

The fact is that President Trump does not conform to the typical “student” or “professor” and that is one of the main problems the world has about him. But if you remove his name from some of the things he has done, you would give him credit. When Elon Musk noted that China charges 25% tax on U..S. cars into China when America charges Chinese-made vehicles 2.5%, he made a good point. A president wants to fix that disparity and the world goes after him.

  • Elon Musk believes China isn’t playing fair in the car trade with the U.S.

  • The auto executive says the Asian country puts a 25 percent import duty on American cars, while the U.S. only does 2.5 percent for Chinese cars in return.

  • “I am against import duties in general, but the current rules make things very difficult. It’s like competing in an Olympic race wearing lead shoes,” Musk tweets.

As I have noted, if Michigan is a country, not a state in U.S., some of the inhabitants of Detroit might have been refugees. But because Michigan is part of U.S., Detroit workers moved to other states in U.S. when the city’s economy collapsed. Detroit was like a ghost town. China was one of the big disrupters of Detroit. Then Trump came and promised to reverse that decline, and they voted him [I am not in support of some of Trump’s policies but it is irrelevant].

The fact is this – what he is doing is what he promised he would do, and that was what they voted him to do. Jobs are coming back. So, whether Japan, Canada, Europe or Mexico is unhappy, for Trump, is not the issue. It was Pittsburgh that voted for him, not Paris.

I am not really a fan of Trump but give him credit. He is working. That work is extending to Korean Peninsula. If not for his name, he may get a Nobel Prize for Peace; Obama got one even before he started work. This is the statement Trump signed with the leader of North Korea.

Joint Statement of President Donald J. Trump of the United States of America and Chairman Kim Jong Un of the Democratic People’s Republic of Korea at the Singapore Summit

President Donald J. Trump of the United States of America and Chairman Kim Jong Un of the Democratic People’s Republic of Korea (DPRK) held a first, historic summit in Singapore on June 12, 2018.
President Trump and Chairman Kim Jong Un conducted a comprehensive, in-depth and sincere exchange of opinions on the issues related to the establishment of new US-DPRK relations and the building of a lasting and robust peace regime on the Korean Peninsula. President Trump committed to provide security guarantees to the DPRK, and Chairman Kim Jong Un reaffirmed his firm and unwavering commitment to complete denuclearization of the Korean Peninsula.
Convinced that the establishment of new US-DPRK relations will contribute to the peace and prosperity of the Korean Peninsula and of the world, and recognizing that mutual confidence building cam promote the denuclearization of the Korean Peninsula, President Trump and Chairman Kim Jong Un state the following:
  1. The United States and the DPRK commit to establish new US-DPRK relations in accordance with the desire of the peoples of the two countries for peace and prosperity.
  2. The United States and DPRK will join their efforts to build a lasting and stable peace regime on the Korean Peninsula.
  3. Reaffirming the April 27, 2018 Panmunjom Declaration, the DPRK commits to work toward complete denuclearization of the Korean Peninsula
  4. The United States and the DPRK commit to recovering POW/MIA remains, including the immediate repatriation of those already identified.
Having acknowledged that the US-DPRK summit — the first in history — was an epochal event of great significance in overcoming decades of tensions and hostilities between the two countries and for the opening up of a new future, President Trump and Chairman Kim Jong Un commit to implement the stipulations in the joint statement fully and expeditiously. The United States and the DPRK commit to hold follow-on negotiations, led by the US Secretary of State, Mike Pompeo, and a relevant high-level DPRK official, at the earliest possible date, to implement the outcomes of the US-DPRK summit.
President Donald J. Trump of the United States of America and Chairman Kim Jong Un of the State Affairs Commission of the Democratic People’s Republic of Korea have committed to cooperate for the development of new US-DPRK relations and for the promotion of peace, prosperity, and the security of the Korean Peninsula and of the world.
DONALD J. TRUMP
President of the United States of America
KIM JONG UN
Chairman of the State Affairs Commission of the Democratic People’s Republic of Korea
June 12, 2018
Sentosa Island
Singapore