You say Tony Elumelu foundation is 'underperforming'... When he basically gives a grant of $5k to more than 3000 entrepreneurs yearly. You didn't even research the impact these companies have made but if you did, then I would advise YOU DO A BETTER JOB AND SHOW US PERFORMANCE
That Dangote grant shows that he has too many “low-quality” people around him. You want to do something good, and it somehow ends up being less than the barest minimum. It shows that it wasn't his idea, and he couldn't really be bothered.
He tasked others who are also less bothered and have minimal interaction with the innovation ecosystem. The cycle of “anyhowness” continues. They are richer by the day and are worshipped by most, so who cares??
Aliko’s relationship with Bill Gates and the lack of impact it has had on local innovation remain the greatest mysteries.
Pierre Omidyar’s philanthropy, combined with targeted interventions by Google, laid the foundation for the software talent stack we have in Africa today. Nothing else sensible was added to it by our wealthy beyond performative acts of charity.
One program that also bothers me is Tony Elumelu’s entrepreneurship initiative. TEP. It is underperforming. A lot of announcements and money have been spent, but there has not been enough impact. I don't think it has been properly run, and it is not his fault. Like Dangote, he has people around him who also do the barest minimum but make the most announcements.
Heirs is a phenomenal institution that I would like to see receive more focus, and they should play a more active role in ecosystem building than Oga Tony’s personal philanthropic activities. Maybe it is all our fault. We have not presented these men with viable ideas for how to do this or with the structure to implement them.
I learned a lot from Edo Innovates about how good intentions can amount to little if you wait for money to come before taking action. Structure first, support next. Both are active, not passive, processes. Jim Ovia and Moniepoint are excellent examples of how to do it. There are many other startups he has supported quietly that are doing great. It is still not enough.
Dangote, Elumelu, Jim Ovia, and others can invest in initiatives that can be white-labeled for their brands and are also very effective. I have seen that with Village Capital’s partnerships and not much else in Africa. We need to do better than criticize them. We can also help them to help us.
“You’ll be the richer than Dangote if you can build a delivery service that picks up something in Lagos and gets it to Port Harcourt in less than 24 hours — or from Lagos to any state in Nigeria.”
— Financial expert
“You’ll be the richer than Dangote if you can build a delivery service that picks up something in Lagos and gets it to Port Harcourt in less than 24 hours — or from Lagos to any state in Nigeria.”
— Financial expert
Girls are terrified of rejection. She will NOT ask you out first.
She WILL however put herself in your PROXIMITY, giving YOU an opportunity to approach HER.
When you repeatedly see the same girl near you it's NOT by accident it's by design.
Nigeria has now been delisted from the International Maths Olympiad, whose finals are happening in Shanghai, China, this July.
It is one of the most prestigious academic competitions in the world.
Nigeria can now only participate as an observer nation, while other countries can participate fully.
This was because of the Ministry of Education’s inability to fund students for 4 consecutive years through National Mathematical Center.
It’s a big shame for Nigeria.
@Cryptharry41 Elon co founded a lot more companies than Larry and is CEO of two trillion dollar companies
Elon self funded a lot of these companies compared to Larry which provided little funding for Google/alphabet
Everyone is talking about Vivek's "how to get good at research" article and calling it slop but there's no way that this guide was written by AI. It was definitely written by someone with a lot of knowledge of what he's talking about and shows domain knowledge
I made a free guide to AI fellowships, for anyone early in AI who keeps hearing "apply to a fellowship" without ever being told which one, for what, or how.
Here's what's in it.
https://t.co/TyIuD33DdV