@Ssaasquatch@OkechukwuLM Material price; state statutory payments got a lot crazier; land owners got greedier with JV asks; its a train of everyone in the value chain looking for more - all rolled up and transferred into final unit pricing.
this campaign of calumny against Tunde O is lazy at best.
not everyone has the luxury of alignment. some people do work that cuts across divides - work that may collapse the moment it’s seen as partisan. in that position, neutrality is not cowardice; it’s a requirement for the work to survive and achieve its objectives.
“but he has taken a side”.
meanwhile, it’s a picture with the president of his country. an honorary ambassadorship from his state. opportunity to speak with young people (his primary target) at an event - organized by the president’s son.
guess who else has a picture with the president. guess who else is a sports ambassador for Ogun state. guess who else was invited to speak at that event (Tunde didn’t even attend) that people are not dragging.
what are we doing?
if you’re doing impactful work, people across political divides will court you. people across the world will court you. you will be in rooms with people you like and those you loathe. and for the sake of the work, you will chest it.
because the work is bigger than your personal politics.
and the idea that he needs Nigeria to stay bad so he can have more slum kids is … laughable. his work isn’t about preserving slums. it’s about developing people - through chess - discipline, how they think, opportunity, etc. that doesn’t disappear if things improve. and no matter who the president is, Nigeria will never run out of underserved communities. infact, the world will never run out of it.
you’re forcing politics on something that isn’t built for it. and judging a constraint you don’t carry.
if you think you’d do it differently, oya do it. build something impactful, take your stance, and sustain it.
until then, it’s just noise. lazy noise. 🙂↔️
@BenAkuffoDarko The licensed operators would offtake any new investments in the distribution network to extend services & meter usage appropriately. Distribution networks also need new lines due to new developments, unserved & underserved areas, etc. ECG saves on CAPEX for network investment
Access to opportunity plays a critical role in helping women reach their potential.
When people are given the space to grow, contribute and reach their potential, the impact can extend far beyond the individual. Expanding those opportunities for others helps create lasting progress.
Reflecting on her experience, Nafisa Adama, Counsel, highlights how creating opportunities for young women through education and mentorship continues to matter.
@cremechic11@KentdegenX My guess is the deal was not cleared politically & was strategic to go public once they agreed to tie the regulators hands. They cannot block the deal at this point tho. Best case is to give conditions - like independence of 🇳🇬 ops to balance competition, board structure, etc.
@jideflash@olumidecapital But…
1. IHS was founded in Nigeria
2. MTNN still contributes 60% of IHS global revs.
3. Group closed legally; economic engine for this deal is Nigeria.
@DejiAdesogan How can you say it’s impossible? 😂
We run national security on Gmail, Yahoo, and WhatsApp. Generals send rescue messages on WhatsApp. No dedicated state security network, just special phones riding on MTN and Airtel.
The real surprise would be if nobody was listening.
Dear @GhanaMFA and Minister in charge @S_OkudzetoAblak ,
Many times I am on the side of criticizing government for all the wrong things they do. But today, I want to give a big shout out to you and your ministry for the transformative work you’re doing. A couple of weeks ago, I applied for a passport for my sister. I filled the forms online which took less than 15 mins to do. I also made the payment online and payment was confirmed within 2 mins of completing the transaction. I was able to schedule the date for her biometrics and she was attended to within an hour and half when she got there.
I am happy to say your ministry delivered my sister’s passport in timely manner. During the wait time, I decided to put to test your ministry’s responsiveness to customers. I used the online chat and I had someone assigned to me within 10 mins of waiting (which is not bad giving my experience from advanced economies). He introduced himself as Prince Osei and was not only patient but professional in his responses. At some point, I nearly asked for his momo number to send him something as tip 😆. Please extend my commendation to him.
Although, I could track the status of her application online, I asked my sister to call the passport office line and they promptly responded to her and answered the questions she had.
What’s more exciting is that after the passport was delivered, I not only received a delivery notification via email but a link was provided to give feedback on the service. I think you check all the boxes in my book and you and your ministry represent how government ministries and institutions ought to serve Ghanaians.
I congratulate you and hope you’re using the feedback to continuously improve your services.
One point I'd like to make about the @terraindustries round: it goes against the zeitgeist in the African VC ecosystem.
> It does not check the DFI impact box
> It's involves procurement and manufacturing
> It faces traditional industry contract cycles
> It got a big hardware component
> It has two young founders
These aspects meant it was out of mandate and comfort zone for almost all of Africa's VC firms - too risky, too weird, too non-consensus.
But our biggest issue today is we don't search for enough asymmetric upside in African venture anymore. I don't mean all these discussions of riding pre-seed to series A for a 10x secondary. I mean old-school, fund-making, assumption-breaking, high-loss rate, asymmetric upside that renders those above challenges worth facing.
And in a tech epoch that's about to put incredible pressure on Africa's age-old marketing pitch around population and purpose, we will fail if we don't take a hard look at how much the world has changed outside of our impact bubble. More often than not, new opportunities will be operationally complex, atoms-based, impossible-looking ventures made possible by this technological and geopolitical step-change.
It's my belief thst Terra should have had much more early support locally. As grateful as I am for this group of Tier 1 co-investors, institutional conviction in Africa's next-gen opportunities should not have to be spearheaded by Silicon Valley's biggest firms.
African venture must stand on its own global competitiveness. It must align with the disruption coming from synthetic intelligence. It must unearth high-ceiling rather than (just) high-floor deals.
We must, or we become irrelevant. More on this soon.