Tosin Eniolorunda and his co-Founder are Nigerian trained. All of the day one guys at Moniepoint are Nigerians and most of them are still with the company and doing very well.
Moniepoint employ, in total, almost 30,000 Nigerians. They are a top employer in NIGERIA 🇳🇬. They pay a minimum of 75% percentile of the market. Junior Developers earn N1M monthly. Most earn N3M and some earn N4M monthly. They have people who earn around N10M monthly!
Moniepoint remains one of the highest transacting companies in AFRICA. They are a world-class company. And if Moniepoint did not exist, Nigeria would have gone to CHINA, completely.
Tosin must have spoken from a place of deep passion and pain because human capital in Nigeria is low. I have tweeted about this several times as well. Yes, we have good talent, but when you look at the larger population of the country, we have so much work to do. This is a FACT!
By the way, Moniepoint has paid some employees a million dollar in stock options (IN CASH). And there are at least 15-20 people who work with Moniepoint in Nigeria who are dollar millionaires!
So, to say they underpay or they take advantage of cheap labour is redundant and lazy talk.
Again, criticisms should be fair and balanced. But Business Leaders should never shy away from shedding light on challenges across the country.
PS: MONIEPOINT HAS PRODUCED A GEN Z A BILLIONAIRE!! JULIAN DUMEBI DURU IS ALIVE AND WELL, AND HAS TOLD HIS STORY. He was a Product Manager, then a Software Architect, before the final promotion to Principal Engineer all at Moniepoint 👏🏽👏🏽.
If you're an engineer, 2026 is the year when you return to the fundamentals. Unix, CLIs, tests & types, markdown. Great and accessible documentation. Did I say markdown. There'll be lots of markdown.
You can now 𝚌𝚞𝚛𝚕 -𝙷 '𝚊𝚌𝚌𝚎𝚙𝚝:𝚝𝚎𝚡𝚝/𝚖𝚊𝚛𝚔𝚍𝚘𝚠𝚗' the @vercel docs:
Which agents like Claude Code do by default, saving lots of data transfer and tokens in the process:
This Ramadan, I'm committing to completing a Khatm with Recite a Quran, Give a Quran using Tarteel AI. If I succeed, a Quran will be donated on my behalf — my Sadaqah Jariyah, my legacy. Join me in earning endless rewards with every recitation! 📖✨ https://t.co/g5O7RFmhDl
Join us for an exciting conversation on "Tracking Student Progress: Strategies & Resources," taking place on 13th June 2024.
During this session, you’ll learn practical strategies and tools to track student progress better.
Register now via the link
https://t.co/5amOrghFS8
The reason you have an MTN in Africa today is not because a poor boy from South Africa got VC funding and became a billionaire. I know some others try to force a similar narrative but it is not true.
People gained experience, put together plans, and then got investors. No magic. Each base station was built one site acquisition and equipment deployment at a time. Financing was tough but they hired the best to get it.
You just have to work or create work. It is in the creating work that we end up building the things that likely become venture scale. Scale builds upon scale and we have very few things already at scale. Scale is not built upon dreams and wishes but upon solid ground first.
I remember my observations the first time I visited America. My cofounder Salil previously told me that America runs like a well oiled machine. Femi Edun also told me that they build scale by dumbing things down to the basics. I saw that both descriptions were true. The infrastructure exists to sell at scale and you dumb things down to sell more.
According to Ogilvy “we sell or else.” America always sells or else it is not America anymore. To be able to sell, there has to be a market to sell to. They created that market in many ways. Infrastructure, education, and advertising.
You can’t sell when you haven’t built. Prospecting for gold in California led to the great railroads. Mining solid minerals in Congo and Nigeria have only led to wars and terrorism.
In Africa, we build, or else…
Let us build and then sell. We can’t sell what we haven’t built yet. Building on cloud infrastructure far away and trying to provide services to those who don’t have access isn’t building.
The day it dawned on me that payments in Africa wasn’t a startup opportunity but an infrastructure play was the day the scales fell from my eyes. PayPal got licenses in 50 American states and not 50 countries before it started making a lot of money.
One African country will not deliver our version of PayPal without our version of EBay which can only happen because we have our version of UPS or FedEx and the logistics that support it. That is further built on universities and a prosperous middle class.
We don’t have to follow the same trajectory but one truth is evident. Scale builds upon scale. Let’s build scale carefully. We have wasted so much time and effort on trying to create magic on a continent where illusions lead to hunger and despair.
Ready to compete for a share of N150 Million? Join the #DigitalforAllChallenge and learn basic & intermediate skills for FREE, under the Young learners, Youth & Civil servants categories.
Visit: https://t.co/hSFQuODytL to register now!
#DFAchallenge #Tech4DeReady to compete for a share of N150 Million? Join the #DigitalforAllChallenge and learn basic & intermediate skills for FREE, under the Young learners, Youth & Civil servants categories.
Visit: https://t.co/hSFQuODytL to register now!
#DFAchallenge #Tech4DeReady to compete for a share of N150 Million? Join the #DigitalforAllChallenge and learn basic & intermediate skills for FREE, under the Young learners, Youth & Civil servants categories.
Visit: https://t.co/hSFQuODytL to register now!
#DFAchallenge #Tech4DeReady to compete for a share of N150 Million? Join the #DigitalforAllChallenge and learn basic & intermediate skills for FREE, under the Young learners, Youth & Civil servants categories.
Visit: https://t.co/hSFQuODytL to register now!
#DFAchallenge #Tech4DeReady to compete for a share of N150 Million? Join the #DigitalforAllChallenge and learn basic & intermediate skills for FREE, under the Young learners, Youth & Civil servants categories.
Visit: https://t.co/hSFQuODytL to register now!
#DFAchallenge#Tech4Dev
2nd March, 2024
Gombe Set To Receive Vice President Shettima As He Launches Outsource To Nigeria Initiative
...OTNI To Create 2,000 Job Opportunities for Gombe Youths in Line with Governor Inuwa's Vision
"Sudo has issued over 75,000 cards, 200,000 accounts, welcomed 6,000 new users and processed transactions totalling $30 million thus far in 2023 alone".
Read all about our journey on our @TechCabal feature article this week.
Click here to read more 👉: https://t.co/fFV17F0aJ5
Customer Success Engineer - Remote
Yearly gross salary: 42,000 - 48,000 USD
What we expect from you:
At least 2 years of experience in customer-facing roles, such as Support, Customer Success, Account Management, and/or Sales
Proven community building/management experience is essential for this role
Fundamental development skills in HTML, CSS, and Javascript
A strong understanding of APIs and their implementation
Apply
https://t.co/3PhzbSIVEo
Speaker Spotlight: Ishaku Abner 🌟
Ishaku will take you on a journey through the remarkable applications of AI in both academia and the business world. Discover how AI is enhancing research, personalizing learning experiences, and aiding complex simulations in academic settings.
Meet Our Speaker: Deborah Sarki, CEO of Deem Luxury!
Deborah will take you on her incredible journey from a young graduate in Borno State to a successful digital marketer, product manager, and entrepreneur. Get ready to gain valuable insights into building and scaling online
We are happy to announce our partnership with YandyTech.
YandyTech is a youth-led, youth-focused tech social impact organisation that promotes inclusive, sustainable and equitable decent jobs, economic growth opportunities, clean energy and localising technology for ALL.