T_B_C

building

[T_B_C @t_borisc]

TIME IS THE GREATEST EQUALIZER.

[T_B_C @t_borisc]

@mellycrochets 😂😂

[Aakash Gupta @aakashgupta]

Google's IPO created roughly 1,000 millionaires. Facebook's did about the same. SpaceX just created 4,400, with 400 of them above $100 million each.

The structural reason matters more than the feel-good stories.

Companies that stay private for decades usually concentrate the upside in VCs and founders. By the time regular employees get liquid, the 100x already happened on someone else's cap table. SpaceX stayed private for 24 years, the longest run to a mega IPO in history, and routed that compounding into payroll. Stock grants at every level, plus share purchases through paycheck deductions, down to welders and cafeteria staff.

Run the math on what that meant. SpaceX was valued around $12 billion in early 2015. The IPO priced it at $1.77 trillion. That's 147x in 11 years, roughly 57% annualized. A welder buying shares with $200 paycheck deductions compounded at a rate most funds never touch once.

The part people gloss over: this was financing, and the workforce carried real risk. In 2008 the company was weeks from bankruptcy after three failed Falcon 1 launches. Below-market salary plus rocket startup equity was a terrible deal in every timeline where the rockets kept blowing up. For two decades the employees were, collectively, one of SpaceX's largest investors.

Thousands of startups pay in equity. Almost all of that paper expires worthless. This bet only paid because the company survived 24 years, landed the rockets, and went public at the largest valuation in IPO history.

4,400 people just got paid for holding through every one of those filters. The factory floor was the venture capital.

[Magatte Wade @magattew]

Elon Musk did not become a different person when he landed in America.

In South Africa, he may still have been brilliant, restless, and ambitious, but the environment would not have given him the same room to build SpaceX, Tesla, Neuralink, and everything else.

Talent matters. The country you build in decides how much of that talent can become real.

[EGBENCHONG ♊ @JosephAyuk]

Before getting carried away by the share price, keep in mind that the minimum purchase requirement is 1 million shares. The entry ticket is much larger than the price of a single share suggests.

[ABDEL KHADAFI 🎭 @Nsangou_Khadafi]

DANGOTE FIXE LE PRIX DE L’ACTION DE SA RAFFINERIE À 198 FCFA AVANT SON INTRODUCTION EN BOURSE

198 FCFA.

Lisez bien ce chiffre. Retenez-le.

198 FCFA, c’est le prix annoncé pour une action de la plus grande raffinerie d’Afrique, construite par l’homme le plus riche du continent, le milliardaire africain Aliko Dangote.

Une entreprise valorisée à près de 50 milliards de dollars, soit environ 27 750 milliards de FCFA, dont une action pourrait être proposée au public pour seulement 198 FCFA.

Pour mettre les choses en perspective, beaucoup de personnes dépensent davantage chaque matin pour un café, un beignet ou un petit-déjeuner.

Mais avant de parler d’investissement, il est essentiel de comprendre ce qui se prépare réellement.

QU’EST-CE QU’UNE INTRODUCTION EN BOURSE ?

Lorsqu’une entreprise entre en bourse, elle ouvre une partie de son capital aux investisseurs en le divisant en millions, voire en milliards d’actions.

Ces actions peuvent ensuite être achetées par le grand public, permettant à chacun de devenir actionnaire de l’entreprise.

C’est précisément l’opération que prépare aujourd’hui la raffinerie Dangote.

Selon les informations communiquées, entre 5 % et 10 % du capital pourraient être proposés aux investisseurs. Le prix indicatif avancé est de 0,35 dollar par action, soit environ 198 FCFA.

Concrètement, avec 19 800 FCFA, un investisseur pourrait acquérir environ 100 actions de l’une des plus importantes infrastructures industrielles du continent africain.

POURQUOI CETTE RAFFINERIE EST-ELLE SI STRATÉGIQUE ?

Située à Lekki, au Nigeria, la raffinerie Dangote est aujourd’hui la plus grande raffinerie d’Afrique et l’une des plus importantes au monde.

Sa capacité de production est estimée à 650 000 barils de pétrole par jour, avec des performances ayant déjà dépassé ce seuil lors de certains essais opérationnels.

L’ambition affichée est d’augmenter encore la capacité de production dans les prochaines années afin de répondre à la demande croissante en carburants, produits pétroliers raffinés et dérivés énergétiques.

Pour les investisseurs, cela représente un élément important : une entreprise opérant dans un secteur stratégique, avec des perspectives de croissance significatives.

La raffinerie vise également à renforcer sa présence sur le marché du carburant aérien, un segment dont la demande devrait continuer à progresser avec le développement du transport aérien africain.

QUI S’INTÉRESSE DÉJÀ À CETTE OPÉRATION ?

Les grands investisseurs surveillent déjà cette introduction en bourse avec attention.

Le milliardaire nigérian Femi Otedola a publiquement manifesté son intérêt pour l’opération et annoncé un engagement financier important.

De son côté, Standard Bank, l’un des plus grands groupes bancaires du continent, a qualifié le projet de transformation majeure pour l’économie nigériane et africaine.

Ces investisseurs disposent d’équipes spécialisées chargées d’évaluer les opportunités et les risques. Leur intérêt témoigne de l’importance stratégique accordée à ce projet.

OÙ POURRA-T-ON ACHETER CES ACTIONS ?

L’introduction en bourse est annoncée pour septembre 2026.

L’un des aspects les plus intéressants pour les investisseurs africains est que les actions pourraient être accessibles à travers plusieurs places boursières du continent :

Nigerian Exchange Group (Nigeria)

Johannesburg Stock Exchange (Afrique du Sud)

BRVM (Afrique de l’Ouest francophone)

Nairobi Securities Exchange (Kenya)

Ghana Stock Exchange (Ghana)

Pour les investisseurs francophones, la présence potentielle de la BRVM représente une opportunité importante, puisqu’elle permettrait d’investir depuis des pays comme la Côte d’Ivoire, le Sénégal, le Bénin, le Togo, le Burkina Faso, le Mali ou le Niger via des intermédiaires agréés. (1/2)

[Dr Joe Abah, OON @DrJoeAbah]

Gentlemen, when someone misbehaves, do not react so angrily that your response overshadows the initial misbehaviour and now becomes the issue.

Don’t end up being the one needing to apologise when you were initially the victim of bad behaviour.

Be clear that you will not accept or tolerate the misbehaviour, but be measured in how you express your disapproval. This is especially important when you are in a position of authority over the other person. It is also especially important in your relationship with your woman.

I am Ezemmuo. I know things.

[VT @VusiThembekwayo]

The hardest part of being an executive: the AMOUNT OF READING you have to do to be prepared, well-informed on a subject matter & up to date with all the various aspects of leading a business.

It’s bloody hard.

It’s a never-ending stream of reading material. Just droves of management reports, inbound and outbound proposals, board packs, subcommittee discussion documents, strategy documents, performance data reports, financial data & still having the energy to excite a team toward an inspiring vision.

And you have to read for comprehension, analysis and deep interrogation.

And then, make sure you don’t forget what you read.

Even after all these years, I still can’t digest how much reading one has to do.

It’s a lot!

VT

[T_B_C @t_borisc]

@mellycrochets 😅 I can’t speak.

[T_B_C @t_borisc]

2026!

[TITANIUM💎 @BigTi324]

@mellycrochets Leaks will always happen especially those from dormitory schools. We all know most of those schools always have the exams from those GCE board workers.

[T_B_C @t_borisc]

That Nacer Chadli goal. That day my respect for Lukaku.

[T_B_C @t_borisc]

@Nady_a02 Oh okay
But I do think she’s aware of who’s monitoring her if she’s fixed on not getting a car.

[T_B_C @t_borisc]

Those evil eyes are family members. She’s not scared of those outside. She’s scared of those close to her.
“If there is no enemy within, the enemy outside can do us no harm.”

[Nadiaya @Nady_a02]

My mom has a colleague that has never bought a car,not because she doesn’t have money ,but because she doesn’t want people to know she has money and she doesn’t want evil eyes on her. A lot of people especially in the older generation,just have so much fear of the unknown.

[Nadiaya @Nady_a02]

@t_borisc She has built a house, so I don’t think it’s about family.

[EGBENCHONG ♊ @JosephAyuk]

I think you are confusing a difficult business model with an unscalable sector. Education has always been hard because outcomes take years to materialize, customer acquisition is expensive, and the person benefiting from the product is often not the one paying for it.

What's interesting is that the biggest edtech successes won because they discovered a superior distribution model, incentive structure, or behavioral loop. The moat was rarely the education itself.

In Africa, we may also be defining edtech too narrowly. The biggest opportunities may not be in selling courses but in solving workforce development, apprenticeship matching, credential verification, teacher productivity, and employment pathways.

The hidden insight here is that education alone often struggles to capture value. Education connected to jobs, finance, and economic mobility is a very different story. The african edtech model that succeeds may not even look like an edtech company at all.

[Nadiaya @Nady_a02]

My mom has a colleague that has never bought a car,not because she doesn’t have money ,but because she doesn’t want people to know she has money and she doesn’t want evil eyes on her. A lot of people especially in the older generation,just have so much fear of the unknown.

[Tee of LIFE and JOY🤭🥰 @Tee_of_life]

Bamenda people I’m inviting you all to Santa district hospital, come and benefit from all these free medical services. From consultation, to laboratory testing and medications, everything is free. Free surgical procedures done by specialists and surgeons.

[Prof. Carl Sagan @ProfCarlSagan]

The brain is like a muscle. When it is in use we feel very good. Understanding is joyous.

[Mercy🩺✝️🇨🇲🇳🇬 @FundohMercy]

A doctor was shot inside a hospital in Tubah today.
A DOCTOR WAS SHOT INSIDE A HOSPITAL!!!
Our tired is tired
#EndAnglophoneCrisis

[Magatte Wade @magattew]

True prosperity is about earning your own way and building something you can point to and say, "I made that." 

It's knowing that someone valued what you created enough to pay for it. You can't get that feeling from a government check or a charity handout, no matter how generous. 

That's the difference between receiving money and earning dignity.

[Africa Early Stage Investor Summit @AESIS_summit]

What does it take to shape Africa’s next wave of growth? #AESIS2026 is guided by #CapitalWithConviction. Is this your kind of room? We would love to hear from you.

Reach out to Yaw Peprah at [email protected] to partner with us.

@ABANAngels @VC4A_Africa