Joy itoro Michael

Content Writer|| Mental Health Awareness Writer|| Mental Health CounselorApr 22, 2024
MANAGING AND TREATING ANXIETY DISORDERS


Anxiety Disorders can trick us into believing that we are in danger when there are no physical threats present.


But by reminding ourselves that we are safe now, we can help ease that nauseous, anxious feeling in the pit of our stomach.


If you or your loved one is suffering from anxiety disorder, there is no need to panic or get scared, it is not the end of the road cause there is always a solution to every problem.


Recovering is Possible with appropriate treatment such as exposure therapy, attention training, and a range of anxiety management techniques that can help you manage your symptoms.


How Do You Manage And Treat Anxiety Disorders

1. Learning About Anxiety

Temporary fear or worry is normal, but if the feelings associated with anxiety disorder are longer, they can continue to get worse over time.


Through understanding the condition and seeking the right treatment, anxiety can be managed.

Remember, Education is an important way to promote control over its symptoms.


2. Cognitive Therapy

Cognitive Therapy is most at times called Cognitive Behaviour Therapy (CBT), because


It aims at helping people in the way they think (the Cognitive) and in the way they behave (the behavior).


CBT is a goal-oriented type of talk which is an effective treatment for a range of mental and emotional health issues, including anxiety and depression.


CBT typically includes these steps:

  • Identifying troubling situations or conditions in your life
  • Becoming aware of your thoughts, emotions, and beliefs toward these problems
  • Identifying negative or inaccurate thinking
  • Reshaping negative or inaccurate thinking.


3. Mindfulness 

Mindfulness practices help to offer more insight into negative mind States associated with depression and anxiety.


It works to change your relationship to suffering by recognizing patterns in thought and emotion.


Emphasizing your choice in how you respond to negative mind States.


4. Building Self-Esteem

Self-esteem is the core of self-awareness and an important indicator of mental health.


Individuals with Low self-esteem usually have a higher risk for mental illness and a high incidence of anxiety symptoms.


Feeling worthless can make the anxiety worse In many ways. It can trigger a passive style of interacting with others and foster a fear of being judged harshly.


THE GOOD NEWS IS,  you can take steps to learn about how to improve your self-esteem HERE


5. Exercise

Regular exercise may help ease anxiety by:

  • releasing feel-good endorphins. Endorphins are  natural brain chemicals that improve your sense of well-being,
  • Taking your mind off worries and,
  • When you exercise, your heart contracts more frequently, increasing blood flow to the brain and triggering changes in these feel-good chemicals. These changes improve mood and confidence


Like I said earlier,

Anxiety Disorders can trick us into believing that we are in danger when there are no physical threats present.


But by reminding ourselves that we are safe now, we can help ease that nauseous, anxious feeling in the pit of our stomach.


So, try one of these Treatments whenever you feel like anxiety is affecting your daily activities, and Learn to always be yourself, do not let circumstances change you rather change them.


Follow me Here for more😊

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Bird Story Agency

Bird story agency is a specialist news agency started by Africa No Filter. Our content is used by newsrooms across Africa and around the world.Apr 22, 2024
Petro de Luanda fires head coach Jose Neto, African players continue to shine at the annual Nike Hoop Summit, and Rwandese national Bella Murekatete is named to the 2024 Women’s College All-Star game.
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Leading tech media property, dedicated to obsessively profiling startups, reviewing new Internet products, and breaking tech news.Apr 22, 2024
TLcom Capital Closes Second Fund at $154M to Back Early-Stage Startups Across Africa 🌍💼
TLcom Capital, an African VC firm, concludes fundraising for its second fund, TIDE Africa Fund II, totaling $154 million, positioning itself as Africa’s largest investor across seed and Series A.
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The Confederation of African Football (CAF) has unveiled Rwanda as a key sponsor for the inaugural edition of the African Football League. This partnership will prominently feature the well-known 'Visit Rwanda' campaign within the continent. The strategic collaboration aims to boost tourism, advance sports development, and enhance air traffic.
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Jon Lubwama

Startups & Venture CapitalApr 22, 2024
Why Do Startups in Some Countries Attract More VC Funding than Others?

Venture Capital investments in Africa are not uniformly balanced. In fact, the big four of Nigeria, Egypt, Kenya and South Africa have accounted for at least 70% of all VC investments in Africa over the past decade. 


There are so many reasons why VCs invest in startups in some countries over investing in startups in others. Some of these reasons may be purely reliant on the quality of startups that come from one country over the others, but sometimes, the country is important. So what makes some countries, VC-friendly, and others unattractive? Several factors come into play:


1. Market Size and Growth Potential: Countries with large and growing markets are often more attractive to VCs. Nigeria, Egypt, Kenya, and South Africa, known as the big four, have sizable populations and expanding economies, presenting significant market opportunities for startups.


2. Economic Stability and Regulatory Environment: VCs prefer countries with stable economic conditions and favourable regulatory environments for business. Political stability, low corruption levels, and clear legal frameworks contribute to investor confidence.


3. Infrastructure and Connectivity: Access to reliable infrastructure, such as transportation, energy, and telecommunications, is crucial for startup growth. Countries with well-developed infrastructure and high connectivity tend to attract more VC investment.


4. Talent Pool and Innovation Ecosystem: The presence of a skilled workforce, including technical and entrepreneurial talent, is essential for startup success. Countries with robust innovation ecosystems, including universities, research institutions, and startup hubs, are more likely to attract VC investment.


5. Government Support and Incentives: Government policies and incentives aimed at supporting entrepreneurship and innovation can significantly impact VC investment. Measures such as tax incentives, grants, and startup-friendly regulations can attract investors to certain countries.


6. Access to Capital: The availability of capital, including both VC funding and other forms of financing, influences investment decisions. Countries with well-established financial systems and access to capital markets offer more opportunities for startups to raise funds.


7. Cultural and Social Factors: Cultural attitudes towards risk-taking, entrepreneurship, and failure can affect the startup ecosystem's vibrancy. Countries that embrace entrepreneurship and innovation tend to attract more VC investment.


8. Sectoral Focus and Specialization: Some countries may have specific strengths or specialization in certain industries or sectors, making them more attractive to VCs interested in those areas. For example, Kenya is known for its thriving fintech sector, while South Africa has a strong presence in healthcare and biotechnology.


By considering these factors, it becomes evident why certain countries emerge as more VC-friendly than others. However, it's essential to recognize that the landscape is continually evolving, and factors such as geopolitical dynamics, technological advancements, and global economic trends can also influence investment patterns over time.

 

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Jon Lubwama

Startups & Venture CapitalApr 22, 2024
Creating a Culture of Winning in a Startup.

A culture is very essential in a startup. A bad culture can sink a startup. This has been well documented in history. For example, We Work had a poor culture under its CEO, Adam Neumann, who was extravagant and sometimes, downright delusional. This rubbed off its employees and the startup is now worthless despite a $47bn valuation at some point. 


Another example of a startup that struggled with poor culture was Uber. Uber had a toxic culture that was sexist and sometimes, accomplished things illegally. When these came to light, its founder CEO, Travis Kalanick, was pushed out by investors and a new CEO, Dara Khosrowshahi, took over. Dara made sweeping changes and has since put in place a better culture. 


But how can one build a good culture while building their startup? We list some of the ways how to do so here. 


Lead by Example: The CEO sets the tone for the company culture. Their behaviour, work ethic, and values should align with what they want to see in the company.


Communicate Clearly and Transparently: Open communication fosters trust and transparency within the team. Regularly update employees on company goals, challenges, and successes.


Define Core Values: Establish core values that reflect the company's mission and vision. These values guide decision-making and behaviour across the organization.


Empower Employees: Encourage autonomy and innovation by giving employees the freedom to make decisions and take ownership of their work.


Promote Work-Life Balance: Prioritize employee well-being by offering flexible work arrangements, promoting work-life balance, and recognizing the importance of mental health.


Foster Collaboration: Create opportunities for teamwork and collaboration. Encourage cross-functional collaboration and celebrate collective achievements.


Recognize and Reward: Acknowledge and appreciate employees' contributions through rewards, recognition programs, and opportunities for advancement.


Invest in Learning and Development: Support employees' professional growth through training programs, mentorship, and continuous learning opportunities.


Embrace Diversity and Inclusion: Build a diverse and inclusive workplace where everyone feels valued and respected. Embrace different perspectives and create an environment where all voices are heard.


Celebrate Successes and Learn from Failures: Celebrate milestones and achievements as a team. Also, encourages a culture of learning from failures and using them as opportunities for growth and improvement.


In conclusion, building a strong company culture in a startup requires intentional efforts from the CEO and leadership team. By leading by example, communicating openly, defining core values, empowering employees, and promoting work-life balance, a positive and inclusive culture can be cultivated. 


Additionally, fostering collaboration, recognizing and rewarding achievements, investing in learning and development, embracing diversity and inclusion, and celebrating successes while learning from failures are essential aspects of nurturing a thriving culture. 


Finally, by promoting internal mobility and hiring from within, startups can further strengthen their culture, retain institutional knowledge, demonstrate growth opportunities, strengthen team cohesion, and reduce recruitment costs. Together, these strategies create an environment where employees feel valued, motivated, and committed to the company's mission and success. 


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Benjamindada - Promoted

Independent media publication delivering impressive reporting about tech, startups and entrepreneurship in Nigeria and sub-Saharan Africa.Nov 2, 2023
Nigeria, Kenya, and Rwanda Join Global Pledge for AI Safety in 'The Bletchley Declaration 🇳🇬 🇰🇪 🇷🇼 🧠
Among the 28 nations that have pledged to address AI-related risks through 'The Bletchley Declaration,' only Nigeria, Kenya, and Rwanda represent the African continent.
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Jon Lubwama

Startups & Venture CapitalApr 22, 2024
Can Other Fintechs Replicate Mobile Money’s Success?

One of the most transformative technologies of this century is Mobile Money. Pioneered by Safaricom’s M-Pesa, mobile money has grown to become the de facto “bank” of hundreds of millions of Africans who were excluded from the traditional financial system. 


With mobile money, users can send money to their loved ones, make payments and also save money and even take loans. MTN Mobile Money and Airtel Money have become defacto unicorns, transactions of billions of dollars every year. 


But Fintechs have historically struggled to replicate what mobile money has done. For example, M-Pesa alone has over 50m users. In Uganda, MTN Mobile Money and Airtel Money boast of over 20m users. Fintechs across the continent struggle to attract such figures, especially in places where mobile money has a stronghold. But why? 


For starters, MTN, Airtel and Safaricom built something the Fintechs have not done, and that is, to build an agent network. The importance of an agent network in mobile money adoption can not be underestimated. The presence of agents, even in remote areas, means that mobile money can be used even in areas that are not served by the Internet or are hard to reach. 


Agents act as points for onboarding new users, but most importantly, for cash-in and Cash-out transactions, which is one of the most important aspects of the entire mobile money ecosystem. 


Mobile Money is also USSD-code first, instead of app-first. A big chunk of Africa’s population is still offline or uses minimal data (data is only used for the major apps like WhatsApp). This gives mobile money operators a big advantage. Using the USSD code, it means mobile money operators can tap into the class of people who use feature phones. Feature phones are still the most sold phones across Africa as smartphone penetration is low. 


Also, mobile money operators use the network effect where mobile money accounts are directly tied to registered SIM cards. When someone gets a SIM card, they automatically get registered on Mobile Money. 


Based on these factors, it will be hard for Fintechs to replicate the Mobile Money success. Fintechs, most of the time, are app-based and require Internet usage to function. This eliminates a large chunk of people. 


Also, the majority of Fintechs are at the mercy of mobile money operators due to their lack of agent network infrastructure. For people to use these Fintechs, many rely on the existing mobile money infrastructure for people to deposit to their wallets or even withdraw money. 


Based on these factors, it will be hard for Fintechs to replicate mobile money’s success. But as smartphone penetration and Internet usage keep growing, Fintechs could still carve out a prominent role for themselves by providing services that mobile money struggles with or by doing some of mobile money’s services better than mobile money itself. 


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Joseph Nti (Host) & Kwame Asante Ofori (Producer) bring you a fast paced, colorful and heated podcast based on urban life in Ghana's capital, Accra. Episodes alternate between vox pops and in-studio interviews featuring a mix of vibrant personalities. The podcast is released on Mondays every two weeks and is a part of the Gold Coast Report podcast network. The show is fastpaced, colourful and heated just like the city!April 22, 2024


Discover more Sincerely Accra!


Be it Angua Mo or Salad. Gob3 or banku. One thing is for sure, the Ghanaian fitness journey is a maze. Obolo Diaries and Kobby share their journeys thus far with Joseph, as they dispel some fitness myths along the way.


The stories are crazy and the laughs are loud!


Press Play.


Intro Music

Oshe – Reynolds The Gentleman ft. FRA.



Music Bridges

Greetings from Abroad - Joey B x Pappy Kojo

I like It - Beeztrap KOTM ft. Skyface SDW

Kabutey Flow - Medikal



Music Closer

F.L.G. (Feeling Like Greatness) - Kinpee ft. SymphoNii

(Radio Edit)


A GCR Production - Africa's Premiere Podcast Network


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64 min
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Terser Adamu, who is an Africa Business Strategist, International Trade Adviser, and Director at ETK Group, shares his thoughts on how to unlock Africa’s economic potential in the 21st century. This is delivered through engaging and thought provoking discussions with innovators, entrepreneurs, investors, policy makers and business leaders who are unlocking Africa’s economic potential. Whether you're a business leader, aspiring entrepreneur, have a comfortable side hustle, or want to take your business to the next level, each episode is jam-packed with information and insight that will enable you to take immediate action and implement key strategies to successfully launch and grow your business in Africa.April 22, 2024

Episode 119 with Rachel Toku-Appiah, who is the Director of Program Advocacy and Communications for Africa at the Gates Foundation, and is at the forefront of advocating for gender equality across the African continent. Her extensive expertise and leadership within the foundation's advocacy efforts position her at the forefront of this critical movement.

Before joining the foundation in 2021, she spent more than two decades in key global health and development roles, most recently as director for food security and nutrition at Global Citizen. Earlier, she worked for the Graça Machel Trust, launching the organisation and later working to build up its nutrition programme across the African continent and beyond. As country director in Lesotho for the Clinton Foundation, she oversaw programmes that strengthened all aspects of the country’s health system, from human resources and infrastructure to laboratory services and supply chain management.

What We Discuss With Rachel

  • How would you describe the current state of financial access for women entrepreneurs in Africa?
  • What role do you see digital financial services playing in bridging the finance gap for women entrepreneurs in Africa? 
  • What are the key challenges you encounter in promoting financial inclusion for women in Africa?
  • How does the foundation navigate the cultural and societal barriers that limit women's access to finances in Africa?
  • Are there any current positive trends or activities in Africa aimed at enhancing women's economic empowerment through improved financial access?

Did you miss my previous episode where I discuss The Incredible Story of Happy Coffee's Impact on Nigeria's Coffee Culture and Value Chain? Make sure to check it out!

Like this show? Please leave us a review here -- even one sentence helps!

Connect with Terser
on LinkedIn at Terser Adamu, and Twitter (X) @TerserAdamu

Connect with Rachel on LinkedIn at Rachel Toku-Appiah, and Twitter (X) @GatesAfrica 

Support the show

Do you want to do business in Africa? Explore the vast business opportunities in African markets and increase your success with ETK Group.

Connect with us at www.etkgroup.co.uk or reach out via email at info@etkgroup.co.uk

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46 min
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Bird Story Agency - Promoted

Bird story agency is a specialist news agency started by Africa No Filter. Our content is used by newsrooms across Africa and around the world.Nov 14, 2023
Afrobeats dominate the 2024 GRAMMY nominations ♫ 🏆
Nigeria’s dominance in the 2024 GRAMMY nominations reaffirms that it is a musical powerhouse. From taking over the nomination list for the newly established 'Best African Music Performance' category to having a record number of nominees from the country, the home of Afrobeats shines. Here is Africa’s 2024 Grammy Award nominee list.
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Afrobeats Weekly is a podcast about African music that podcast highlights some of the biggest news around the Afrobeats genre and the people behind it - the musicians, producers, writers. April 21, 2024

In this week’s episode of Afrobeats Weekly, Tunde and his co-host, Showontstop discuss the highly anticipated Ruger and Bnxn’s ‘RnB’ Album Review. They also touch on news making the rounds in Afrobeats this week, and all the major songs that dropped this week.

OUTLINE
00:00 - Introduction
01:42 - Catch up
03:13 - Tems Coachella performance plus trailer for her upcoming album 'Born in the Wild'
07:55 - Burna Boy makes Time Magazine's 100 Most Influential People of 2024 list
10:40 - Davido launches Nine+ Records with UnitedMasters
12:50 - Ruger, Bnxn’s RnB’s Album Review
17:50 -  New Songs

  • Wahala by Ckay and Olamide
  • Technician by Blaqbonez and Odumodu
  • Heard Start by Bloody Civilian
  • Hallelujah by Ladipoe, Rozz and Morello
  • Unruly by Rumani
  • Small Money by Nasboi
  • Adenuga by Joeboy and Qing Madi

25:13 - The Charts
28:10 - Eliminate
35:10 - Sign out

Follow the podcast on Twitter and Instagram for more information. You can also send fan mail to fanmail@afrobeatspod.com

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36 min
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Bird Story Agency

Bird story agency is a specialist news agency started by Africa No Filter. Our content is used by newsrooms across Africa and around the world.Apr 20, 2024
Basketball's influence in Africa is growing, latest NBA data shows 🏀🌍
A new NBA Africa report shows growing African interest in basketball activities, judging by a surge in live game views, a growth in social media numbers and an increase in merchandise sales.
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#blockchain
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Zone, a Nigerian fintech, revolutionizes Africa's payment landscape with its blockchain technology, attracting $8.5 million in seed funding.
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Exciting news from CV Labs as startups from Kenya and Nigeria secure spots in the sixth edition of their accelerator program, unlocking funding, mentorship, and growth opportunities! 🎉💼 With up to US$135,000 in capital and access to expert mentors, these ventures are poised for success in both traditional industries and web3 infrastructure. 🌐💡
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Blockchain is a decentralized, distributed ledger technology that records transactions across multiple computers in a way that is secure, transparent, and tamper-resistant.
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As a beginner, this article is your comprehensive guide to understanding what the bull market is, so you won't get lost in the world of digital assets.
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Cricket in South Africa is set to evolve, powered by AI and blockchain technology, according to the results of a pilot collaboration between an Indian sports technology company, Cricket South Africa and the Durban Super Giants.

TechCabal

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Kenya's Ministry Advocates Regulation Over Ban for TikTok 🇰🇪📱
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Stories and analyses of African technology companiesJune 16, 2023

Overview: Today, we’re going to talk about Wasoko (Sokowatch) We’ll explore the story across the following areas:

  1. Africa’s and Kenya’s informal retail context 

  2. Wasoko's early history

  3. Wasoko's Product & monetization strategy 

  4. Competitive positioning & potential exit options

  5. Overall outlook.

This episode was recorded on June 11, 2023

Companies discussed: Wasoko (Sokowatch), Twiga Foods, TradeDepot, OmniBiz, Alerzo, mPharma, Nestle, Unilever, Multipro, Marketforce, Udaan & Flipkart

Business concepts discussed: Informal retail penetration, Agency banking adoption, B2B Operating systems, Informal markets, & last-mile distribution

Conversation highlights:

  • (00:40) - Sokowatch background and why we’re talking about it

  • (08:35) - African informal retail context

  • (16:11) - Founder background and Founding story

  • (29:55) - Fundraising and early growth

  • (36:56) - Geographic expansion, growth and partnerships

  • (45;12) - Team strategy

  • (54:00) - Product strategy and monetization

  • (1:10:00) - Competition and options for exit

  • (1:23:13) - Bankole’s overall thoughts and outlook

  • (1:33:05) - Olumide’s overall thoughts and outlook

  • (1:43:30) - Recommendations and small wins


Olumide’s recommendations & small wins:

  • Interested in investing in Africa Tech with Olumide: Read about Adamantium fund & contact me at olumide@afrobility.com. Founders looking for funding: If you're a B2B founder working on Education, Health, Finance or food, please contact me for funding at olumide@afrobility.com

  • Checkout my FIREDOM book = FIRE (Financial Independence, Retire Early) + Freedom = personal finance and financial independence book. Website, Read: Substack Newsletter & Buy: Print, eBook or Audiobook)

  • Recommendation: The Slight Edge. Amazing Personal Development book about a mental framework to apply daily actions to get what you want in life. I have read it about 6 times at this point.

  • Recommendation: Temu.com. Started using it for shopping. It has some cool gamification ideas to nudge ecommerce purchases

  • Small win: Hosted house party with friends. It was great to see everyone together


Bankole’s recommendations & small wins:

Listeners: We’d love to hear from you. Email info@afrobility.com with feedback!

Founders & Operators: We'd love to hear about what you're working on, email us at info@afrobility.com

Investors: It would be great to link up with you. Contact us at info@afrobility.com


Join our insider mailing list where we get feedback on new episodes & find all episodes on Afrobility.com

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115 min
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Africa Tech Radio (ATR) is the first online radio in Africa with a 100% focus on Africa’s technology. Listen Live on www.africatechradio.comApril 20, 2024

In this episode of Back to Base, Lilian sits down with Blessing Abeng, a branding and communications expert with a remarkable career path. Blessing shares how her diverse experiences, equipped her with valuable skills in communication and persuasion. Blessing discusses her transition from wanting to be a medical doctor to co-founding a company.

She highlights the importance of transferable skills, advocating for yourself, and finding your passion. Lilian and Blessing also takes us through the strategies Blessing used to grow Ingressive for Good, a non-profit that empowers people with tech skills, to over 250,000 users If you are looking to navigate your career path, make a positive impact, and build a strong team, you do not want to miss this.

Listen now and hear Blessing's inspiring story!

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38 min
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Africa Tech Radio (ATR) is the first online radio in Africa with a 100% focus on Africa’s technology. Listen Live on www.africatechradio.comApril 19, 2024

You can now send DMs directly from Threads to your instagram inbox. Listen to stay up to date with your favourite social media platforms!

11 min
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Jon Lubwama

Startups & Venture CapitalApr 19, 2024
Essential Networking Tips for Founders: Building Connections for Success

In entrepreneurship, networking isn't just a helpful skill — it's a fundamental pillar of success. Founders who excel at building and maintaining relationships often find themselves with access to valuable resources, opportunities, and support networks that can propel their ventures forward. Whether you're a seasoned entrepreneur or just starting out on your journey, mastering the art of networking is essential. Here are some key tips to help founders navigate the world of networking effectively:


1. Clarify Your Goals

Before diving into networking events or reaching out to potential connections, take some time to clarify your objectives. What do you hope to achieve through networking? Are you seeking mentorship, investment opportunities, partnerships, or industry insights? Having a clear understanding of your goals will guide your networking efforts and help you identify the right opportunities and individuals to connect with.


2. Build Genuine Relationships

Networking isn't just about collecting business cards or adding contacts on LinkedIn. It's about building genuine, mutually beneficial relationships. Approach networking with authenticity and a genuine interest in getting to know others. Take the time to listen attentively, ask thoughtful questions, and offer help or support whenever possible. Building trust and rapport is key to fostering lasting connections in the entrepreneurial ecosystem.


3. Diversify Your Network

While it's natural to gravitate towards people who share similar backgrounds or interests, don't limit yourself to networking within your industry or niche. Diversity in your network can provide fresh perspectives, new opportunities, and unexpected insights. Make an effort to connect with individuals from diverse backgrounds, industries, and expertise areas. You never know where your next valuable connection might come from.


4. Give Before You Ask

Effective networking is a two-way street. Instead of immediately asking for favors or assistance, focus on how you can provide value to others first. Offer your expertise, share relevant resources, or make introductions to people in your network who could benefit from connecting with each other. By giving generously without expecting anything in return, you'll build goodwill and reciprocity within your network.


5. Follow Up and Stay Engaged

Networking doesn't end after the initial introduction or conversation. Follow up with your new connections promptly, expressing your appreciation for the opportunity to connect and suggesting ways to stay in touch. Whether it's through email, social media, or in-person meetings, staying engaged with your network is crucial for nurturing relationships over time. Remember to offer support, celebrate their achievements, and provide updates on your own progress.


6. Attend Networking Events Strategically

While attending networking events can be valuable, it's essential to be strategic about which ones you invest your time and energy into. Choose events that align with your goals and target audience, whether it's industry conferences, networking mixers, or specialized workshops. Prioritize quality over quantity and focus on making meaningful connections rather than simply collecting business cards.


7. Utilize Online Platforms

In addition to in-person networking, leverage online platforms and social media channels to expand your network and engage with industry professionals. LinkedIn, Twitter, and niche-specific forums or communities can be valuable tools for connecting with like-minded individuals, participating in discussions, and showcasing your expertise. Actively participate in online conversations, share valuable content, and engage with others' posts to strengthen your online presence.


8. Seek Out Mentorship

Mentorship can be invaluable for founders navigating the complexities of entrepreneurship. Identify individuals who have achieved success in your industry or possess expertise in areas where you seek guidance. Don't be afraid to reach out and request mentorship or advice, but be respectful of their time and willing to reciprocate in any way you can. A mentor can provide valuable insights, accountability, and support as you navigate the ups and downs of building a business.


9. Be Patient and Persistent

Building a robust network takes time and effort, so be patient and persistent in your networking endeavors. Don't get discouraged by setbacks or rejections — view them as learning experiences and opportunities for growth. Keep putting yourself out there, nurturing existing relationships, and expanding your network organically. Over time, your efforts will pay off, and you'll find yourself surrounded by a supportive community of fellow entrepreneurs, mentors, and collaborators.


10. Pay It Forward

As you progress in your entrepreneurial journey and reap the benefits of networking, remember to pay it forward by helping others who are just starting out. Share your knowledge, make introductions, and offer support to aspiring founders and fellow members of your network. By contributing to the success of others, you'll not only strengthen your relationships but also cultivate a culture of generosity and collaboration within the entrepreneurial community.


In conclusion, networking is a vital skill for founders looking to build successful ventures and navigate the competitive landscape of entrepreneurship. By clarifying your goals, building genuine relationships, diversifying your network, and giving before you ask, you can establish a strong support system of mentors, collaborators, and industry peers. Remember to approach networking with authenticity, patience, and a mindset of reciprocity, and you'll be well-equipped to forge valuable connections that propel your startup forward.

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Africa Tech Summit is the leading event series focused on African tech and investment with Summits globally. Africa Tech Summit Connects continues the conversation with industry leaders, investors, and corporates providing you with insights from across the African tech scene.September 3, 2023
The Business Of Payments episode was recorded live at Africa Tech Summit London 2023 at London Stock Exchange featuring insights and views from payments leaders across Africa. Moderated by Nkiruka Uwaje Founder at Grovvth Advisory, the coversation features;Solomon Amadi – VP Processing Infrastructure at Moniepoint Inc, Elizabeth Rossiello – CEO at AZA FinanceGbenga Ajayi – Partner at QED InvestorsChris Folayan – Head of Global Expansion at Interswitch Africa Tech Summit Connects podcast shares insights from across the African tech scene. Subscribe for updates and join us in Ghana, Nairobi and London! More details on Africatechsummit.com.
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56 min
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Jon Lubwama

Startups & Venture CapitalApr 19, 2024
Don't Build a startup for your investors, But for your Customers.

Building a startup? It is for your customers, not for your investors. If I am to rank the hierarchy in a startup, (Customers then employees then investors then founders). 


When founders raise money from an investor, they tend to build the startup for their investors. The entire startup depends on making the investor happy. 


In every case, a founder should know that an investor is more of an advisor. In many cases, they might offer good advice (and when this happens, you should work with that advice), but ultimately, the final decision will always be on the founder. This is because, you, as the founder will be left holding things together in case it goes north. 


So, you should take the investors' advice as just that, advice. Listen to the advice, internalize it and marinate on it. It is not effective to just downrightly dismiss an investor's advice. In case you think the advice is wrong, please offer an explanation and an alternative route. Then work with that. 


The most important thing is being receptive. A good aspect of any founder is being coachable. But being coachable doesn't mean simply being a doormat. You should stand your own ground when you think there is a better way to do something, and when this happens please explain. 


The most important people when building a startup are your customers. Your customers can make or break a company. Any startup with a large pool of paying customers will survive even without external funding. If there is one group of people that any startup founder should listen to, then it is the customers. 


The customers do not lie. They will only part with their money if the product solves a problem once paid for. And if a startup is making good revenue from customers, the investors will automatically be happy. They might advise you less because you are doing the right thing. 


Then the next people on the list are the employees. This is simple because the employees will also be in the trenches with you every day. It is very important to keep them happy through the right compensation, building a good working environment and ensuring their growth. 


This article isn't to say that investors are not important. Certainly, they are. Without investor money, the startup may not be in a position to grow as fast as the founders would love. Growing using revenue is what is called bootstrapping, but bootstrapping is slow and painful. Investors can make a startup grow in three years when ideally the same milestones could have taken a decade. 


But at the same time, in your own building journey, you should know that your customers and employees certainly come first. They will make or break your startup. No amount of funding can help a startup founder if the startup doesn't have paying customers or if the work culture is toxic. Ultimately, even with funding, such a startup will fail. The startup graveyard is full of well-funded startups because of this. So don't build the startup for your investors, build it for your customers first, and then the employees. Once this is achieved, the investors will be very happy as a secondary recipient of your hard work in the primary areas. 

 

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Africa is witnessing rapid investment in sports infrastructure, with Morocco building the largest football stadium in the world ahead of the 2030 World Cup. Experts believe the conditions now exist for this infrastructure to drive economic prosperity.
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Nigeria's musical scene thrives with passionate listeners like Deborah, but despite the country's hit-making prowess, South Africa dominates streaming profits. Find out how the industry juggles growth and challenges in the streaming era.
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African athletes, notably from Kenya, Uganda, and Ethiopia put their dominance of distance running on display at this year's World Athletics Cross Country Championships.
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As we celebrate 60+ days of 2024 May the love of the Father be spread throughout our hearts. Welcome to March 2024 HAPPY NEW MONTH
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In the heart of a native village, where traditions and beliefs intertwine, a story unfolds. Welcome to "Ata Ekamba Ndudue" - a stirring portrayal of the life of Jesus Christ in a setting deeply rooted in indigenous culture. Join us as we journey through the trials and triumphs of the greatest story ever told, reimagined in the richness of our heritage. Through captivating performances and authentic storytelling, witness the timeless message of love, sacrifice, and redemption come to life. Presented by 'The Redemption Playhouse Foundation', this native premiere movie promises to captivate your heart and soul. Immerse yourself in an unforgettable experience that will leave you inspired and moved. Let's come together to celebrate our cultural heritage and the eternal message of hope. 'Ata Ekamba Ndudue' - a testament to the power of faith, woven into the fabric of our traditions. ----------------------------- Follow on: Facebook: The Redemption Playhouse Foundation Youtube: The Redemption Playhouse Foundation My name is Utibeabasi Essien. #creaitzxwazoplus #creaitz #contentwritingprogram #entertainment

Jon Lubwama

Startups & Venture CapitalApr 19, 2024
The Art of Selling is the Most Important Skill for a Founder.

A lot of people ask me for the single most important skill a startup founder can have. And I keep on saying the same thing. That skill is the art of sales. As a founder, you will be in a perpetual loop of selling. 


When we talk about selling, the majority of people think of selling to clients. But that is not just all. But of course, as a founder, you will need to sell to clients. That is the only way your startup will earn any sort of revenue. You need to convince a client to part with their money. For a client to do this, they will have to be convinced that you are in the best position to solve their problem. So sell to clients. 


A startup founder will also need to sell to employees. Let's be honest, working at a startup, especially one that isn't venture-backed is tough work. Many employees would rather work at legacy companies where the job security is greater, and the work is shared among a large workforce. 


So convincing people to work at your startup is the mark of a great founder. You will need to sell to them the vision. The employees will need to understand that this is greater than the salary. This is especially true especially when trying to make key hires in senior positions. 


You will also need to sell to investors. Investors are always bombarded with pitch decks from founders. For every 10 pitch decks, less than 1 are funded. In 100 pitch decks that the investors look out for, they will invest in less than 10. 


The logic for investors to back a startup is simple. They will have to believe that the startup can make them substantial returns. So as a founder, you have to sell this vision to them. You have to convince them that your startup will give them those returns. 


So if a startup founder had to master one skill, it should be selling. Sale to customers, to employees and to investors. And this isn't a one-time job. It is a loop that a founder will do all the time, every day. . 


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Jon Lubwama

Startups & Venture CapitalApr 19, 2024
How a Startup Founder Can Build a Water-tight Fundraising Plan.

For every founder, a moment will come when they need to raise funds for their startup. Raising capital is truly a mark of a great CEO. Even though it doesn't guarantee startup success, it helps smoothen the journey. 


Startups raise funding for different reasons. Some startups raise to expand into new markets, make key hires, build new services, continue research etc. Whatever the reason is, raising funding helps the startup to grow at the pace that it desires. 


But funding is not a walk in the park. Less than 10% of startups raise funding despite the flashy announcements that happen regularly. With the current funding winter, funding is even harder to come by. So a startup needs to have a watertight fundraising plan.  So how can a founder build one? 


First, the founder has to take care of what he has control over. The founder needs to determine when to raise and how much to raise. The best time to raise funding is usually when you don't need it. A startup should raise funding with at least six months' runway. This is because the fundraising process is unpredictable and it can take longer than one expects. The less runway for a startup, the more desperate the founders will be and the less leverage while negotiating. 


It is also important for a startup to raise funding when it is on a high that is, when the startup has hit some significant milestones. Investors love a rocket ship that is ready for takeoff. 


The next step is to determine how much to raise. This is very crucial. Sometimes, founders tend to ask for too much money when they can't justify its use. To determine how much a company needs to raise, one will need to do some financial projections for operation expenses. Take your projected monthly expenses and multiply them by 18-24 months. This should be able to give a concrete figure to work with. 


If you know how much to raise and when then the founder can begin looking at deciding which funding would work for them. There are various forms of financing, so it is important to get this right. A founder can look at equity financing (and decide on the round), or look at debt or convertible notes, SAFE etc. 


With all of these in place, the founder can now move on to zeroing down on the investors. It is important to have a concrete list of investors who are most likely to invest so that you don't waste your time. Coming up with this list will include looking at some data. 


You should look out for investors that have invested in similar startups. Similar can be in so many ways. Geography, sector, funding amounts, stage, funding rounds etc. If you have investors who have backed startups that are similar in any metric, it is a good starting point for you as a founder. 


After that, pitch, pitch, and pitch. 


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Live The African Dream is a podcast inspired to gather the next generation of curious investors, entrepreneurs and tech leaders to spark conversation around the topics they are passionate about. From building a business to raising money, to the challenges and triumphs of being an African on the continent or in the diaspora in today’s world. Whether you are running the show or working your way up the ladder, let’s build something great. Tune in for exclusive interviews with seasoned investors, entrepreneurs and rising stars who are changing the technology industry in Africa.November 30, 2022

Victor Alade is the founder of Raenest, an African payroll tech startup providing borderless payments for African startups. Raenest is also one of Ajim Capital’s portfolio companies.

In this episode, I spoke to Victor Alade about his journey as an entrepreneur and his experience as a startup founder solving one of the most critical issues on the continent.

“One of the core export of Africa is talent. The population of youth and the rate at which they are adopting technology is growing rapidly. Gone are the days when people only hire software developers from Africa. Today, people hire product managers, designers, and customer support.”

This explosion of talent growth in Africa has led to a high demand for African tech talent worldwide, which has led to the need to solve the problem of cross-border payments. Before becoming a VC, I was a founder. I also experienced this same issue of facilitating payment to my African tech hires, primarily because traditional payroll systems could take up to 10 business days.

Hence, when Raenest pitched its tech solution to Ajim Capital, we immediately saw its potential to transform how African tech talent gets paid globally.

And so far, investing in Raenest has proven to be a great decision.

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30 min
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TechCabal

Future-focused publication that speaks to African innovation and tech in depth.Apr 19, 2024
Canal+ Boosts MultiChoice Stake to 40.8% Amid Acquisition Bid
Canal+ escalates its bid for MultiChoice, acquiring a significant stake and navigating regulatory hurdles in South Africa.
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Future Cities Africa hosts discussions with thought leaders and experts at the forefront of major trends, projects, innovations, challenges and opportunities impacting the future of African Cities. Major drivers such as rapid urbanisation, health crisis, climate change, inadequate infrastructure, technology advancement and more are creating an urgent need for African Cities to become sustainable, livable and workable. New ways of thinking about governance, funding, mobility, urban planning and design, construction and implementation of projects coupled with major advancements in technology like 5G, blockchain, artificial intelligence, the internet of things, data science, machine learning, renewable energy and more give promise of an uncertain but exciting future. To learn and stay at the forefront of trends, projects, innovations, challenges and opportunities impacting what future African Cities will look likesSubscribe to stay informed.April 19, 2024

It is possible to overcome the energy crisis in South Africa and build a sustainable energy future. Solutions do exist and some are leading the way.

In this episode we first look at how Msunduzi Municipality is dealing with the energy crisis whereafter we take a broad look at the Transformation of the Electricity Supply Industry in South Africa.

* Presented by Enpower Trading

The South African landscape and Electricity Supply Industry is changing rapidly, and as the market evolves, the incentive for municipalities to procure their own power becomes more evident.

Decarbonisation owing to climate change, is a key motivation to transition to green energy but as electricity costs accelerate and loadshedding increases, municipalities are forced to ‘future-proof’ their strategies in order to provide access to affordable, sustainable energy for all. 

Show guests:

  • Cyncol Sibiya, Msunduzi Municipality
  • James Beatty, Chief Executive Officer at Enpower Trading

Join the Future Cities Africa Newsletter: http://eepurl.com/ikZ-Uz

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31 min
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Africana Woman Network is the first African Female led podcast network. We tell stories that centre the African woman both on the continent and in the diaspora. Our List of shows are: 1. Africana Woman, our APVA award winning anchor show 2. No Breaks 3. The Educated Africana 4. LEMBA: The Africana Authors Space. Stay tuned and Share the podcast with an African sis who needs her weekly dose of African spice.April 19, 2024

Why have you not started that thing you say you want to do? Are you waiting for the right time? Do you want things to be perfect? Are you waiting for ALL the funds to be available before you can commit? Who says everything has to be perfect for you to start? Danielle explains that giving yourself grace to learn is where all the growth happens.

Let's talk about it

**************************************

Danielle is an entrepreneur, global movement founder, CEO and consultant. She creates extraordinary leaders and empowers women to say that which has never been said!

What connects her passions is a curiosity for creating conversations that make a difference. Around her people: enquire and see what’s never been seen, discover and express what’s never been expressed; and do what’s never been done. She's been interviewed on tv, radio, podcasts and for print. At 25 she cofounded a charity and raised $500k supporting seriously ill children and orphaned children in Botswana. At 26 she started a consulting company and has since transformed a number of organisations. She is engaging, articulate, and insightful and guarantees thought provoking conversation that leave audiences wanting for more!

Connect with Danielle at:

Instagram: @free.thev @kayoconsulting @raize_the_roof

 

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The Africana Woman Network is the first African Female led podcast network. We tell stories that centre the African woman both on the continent and in the diaspora. Our List of shows are:

1. Africana Woman, our APVA award winning anchor show

2. No Breaks

3. The Educated Africana

4. LEMBA The Africana Authors Space

Stay tuned and Share the podcast with an African sis who needs her weekly dose of African spice.

 

KNOW your Roots, Grow your Purpose

LINKS:

Message Africana Woman on WhatsApp. https://wa.me/message/E3N7TH7RZSS4P1

+260978470395

Email: africanawoman@gmail.com 

Website: https://www.africanawoman.com 

 

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65 min
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An insight-rich immersion in African tech ecosystem affairs for the discerning Africa-focused founder.October 17, 2023

This months #APSVibecheck Podcast episode features Peter Muhumuza, CTO of Ugandan telecommunications company, Roke Telkom.

In Uganda, home-grown Roke Telkom is one of the first tier three carrier-neutral data center at the forefront of cloud computing revolution, helping businesses to leverage the full potential of telecommunications backed by cloud and data services to drive growth and success. 

Their cloud and data services have been designed to help businesses achieve their goals by providing them with the infrastructure and tools they need to succeed.


Muhumuza has extensive experience within the telecommunications industry, working for the likes of Huawei, Orange Uganda, and MTN Uganda before joining Roke Telkom as its CTO in March 2021. The discussion took place at the Novacom Digital Transformation Strategy Summit Africa, held in Franschhoek, Western Cape, South Africa.

💡 Top 5 insights unpacked in the episode: 

  • The challenge of accessing finance within the Ugandan telecommunications industry [01:45]
  • Roke Telkom's customer acquisition strategy and business model driven by a keen understanding of their market [06:01]
  • Peter's thoughts the Ugandan telecommunications ecosystem at large [10:08]
  • How regulators can better assist the African telecommunications industry [12:33]
  • Peter's breakdown of key competencies to acquire for a job role in the telecommunications industry [15:58]

CONNECT VIA SOCIAL MEDIA:

Tell us...

  • What was your favourite quote or lesson from this episode?
  • What topic would you like for us to feature on a future podcast?

Let us know via the hashtag: #AfricanPreseedPodcast

USEFUL RESOURCES:
ARTICLE: Cloud computing is driving business efficiency, competitiveness in the digital era by Kenneth Kazibwe, NilePost.


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20 min
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Good Morning Africa is your daily source of Economy and Business news from the continent. It is a product of @TheKFinancial, hosted by Ruth Adong.April 19, 2024

🎙 Meet the CEO: Kazeem Tewogbade and Olumide Soyombo founders of The Bluechip Technologies Limited

🎙The JSE All Share index remained stable near the 73,000 level on Thursday, hovering close to one-month lows, amid varied quarterly company reports worldwide.

🎙 The World Bank Group and the African Development Bank (AfDB) Group are partnering to provide at least 300-million people in Africa with electricity access by 2030. 

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18 min
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Favour Uchenna

Certified Content Writer✍️✍️✨ Web 3 Enthusiast💥💯Apr 19, 2024

BITCOIN HALVING


Confused about Bitcoin halving? This quick guide explains it all.


Bitcoin halving, also known as "the halvening," is a significant event built into the Bitcoin network that occurs roughly every four years.


Here's a breakdown:


REDUCED  REWARDS: During a halving, the reward for successfully mining a new block of bitcoins is cut in half.


Miners are the computers that verify transactions and add them to the permanent public record known as the blockchain.


Initially, miners received 50 bitcoins per block. After the first halving in 2012, it went down to 25 bitcoins.


The most recent halving, in May 2020, reduced the reward to 6.25 bitcoins per block.


SCARCITY BY DESIGN: This reduction in mining rewards is intentional.


Satoshi Nakamoto, the creator of Bitcoin, designed it with a finite supply of 21 million bitcoins.


The halving mechanism gradually reduces the rate at which new bitcoins enter circulation.


This creates scarcity, a core principle in economics that often drives up value.


IMPACT ON MINERS: While the block reward decreases, miners still earn transaction fees associated with verifying transactions.


However, the halving can put pressure on mining profitability, especially for miners with less powerful equipment.


POTENTIAL MARKET RESPONSE: Historically, Bitcoin halving events have been followed by periods of price increase.


The theory is that as the supply of new bitcoins becomes tighter, existing bitcoins become more valuable due to increased demand.


However, it's important to remember that the cryptocurrency market is complex and influenced by various factors.


In essence, Bitcoin halving is a programmed event that reduces the rate at which new bitcoins are created, potentially impacting both miners and the overall value of Bitcoin.

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The word immigrant to so many like me, it signifies someone with a dream; a dreamer. I am Nancy Mulemwa Siisii. I was born and raised in Zambia, Africa, but I later migrated to America and settled in New York where I’ve been living for 20 years. As a dreamer, I have and continue to have a passion for making substantive bonds with audiences, and helping to inspire people to reach for their dreams. Being an immigrant has been one of the most challenging and extraordinary experiences of my life. It inspired me to start my podcast “Concrete Pastures: An African Immigrant Story” as a platform to reach out to fellow immigrants and dreamers.April 18, 2024

For the past 17 years, Haji has embarked on a global journey, enriching souls with his profound and uplifting melodies across temples, spiritual hubs, and vibrant festivals. A virtuoso of over 12 instruments sourced from diverse cultures, his heart resonates most deeply with the ukulele, a conduit for his soulful compositions. Rooted in his transformative experiences within Ashrams and the practice of bhakti yoga, Haji cultivated his sacred musical craft. Beyond melodies, he orchestrates immersive retreats in exotic locales, guiding seekers towards spiritual awakening and creative rejuvenation. As a conscious creative coach, Haji specializes in empowering entrepreneurs to unleash their authentic voices and embrace abundance. Drawing from his extensive touring as a songwriter across 20 countries and the facilitation of life-altering retreats, he has invested over $50,000 in personal development to serve hundreds in their transformative journeys. With a fusion of creative expression and entrepreneurial insight, Haji catalyzes profound shifts, enabling individuals to harness their creative essence, transcend limitations, and craft purpose-driven lives steeped in prosperity and fulfillment.

Follow/Contact Haji

https://www.facebook.com/profile.php?id=100000647757625 https://www.instagram.com/hajibasimmusic

https://www.hajibasim.com

Contact/Follow Concrete Pastures

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37 min
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Terser Adamu, who is an Africa Business Strategist, International Trade Adviser, and Director at ETK Group, shares his thoughts on how to unlock Africa’s economic potential in the 21st century. This is delivered through engaging and thought provoking discussions with innovators, entrepreneurs, investors, policy makers and business leaders who are unlocking Africa’s economic potential. Whether you're a business leader, aspiring entrepreneur, have a comfortable side hustle, or want to take your business to the next level, each episode is jam-packed with information and insight that will enable you to take immediate action and implement key strategies to successfully launch and grow your business in Africa.November 13, 2023

Episode 96 with Anthony William Catt, who is the founder and director of Ventures 54. A company on a mission to build and strengthen the international investment corridors between Africa’s tech, startup, and investor ecosystems and the rest of the world by mobilising capital and facilitating investment

Working with governments, DFIs, and other international funding agencies to provide technical assistance to founders and investors by establishing key networks, unlocking human and commercial resources, and creating access to global markets and investment opportunities.

What We Discuss With Anthony

  • How did your personal interest in building connections between the UK and Africa, specifically in the fields of technology and startups, develop?
  • Could you elaborate on the role of technical assistance funding in the African startup ecosystem and how Ventures 54 facilitates its deployment?
  • Could you highlight the common trends and preferences you've observed among investors seeking to invest in the African tech scene?
  • In your experience, how can the UK act as a springboard for African entrepreneurs seeking global exposure and growth?
  • What advice would you offer to UK companies looking to explore opportunities and tap into talent within African markets?
  • And much more...

Full show notes and resources can be found here: Unlocking Africa show notes

Did you miss my previous episode where I discuss Investing in Financial Inclusion by Unlocking the Potential of Fintech Startups in Egypt and Beyond with Rana Abdel Latif? Make sure to check it out!

Like this show? Please leave us a review here -- even one sentence helps!

Connect with Terser
on LinkedIn at TerserAdamu, and Twitter @TerserAdamu

Connect with Anthony  on LinkedIn at Anthony William Catt, and Twitter @AnthonyWCatt

Support the show

Ready to tap into the exciting opportunities of African markets? Uncover a wealth of invaluable tips to elevate your success to new heights! There's no need to delay – venture over to the ETK Group website today. Explore how we can empower and guide you in seamlessly entering and thriving across diverse African markets and sectors.

Connect with us at www.etkgroup.co.uk or reach out via email at info@etkgroup.co.uk

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58 min
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The show where we look at African football both what's happening around the continent and what African players are doing overseas.April 18, 2024
On this week’s show we take a look at the African players who helped Bayer Leverkusen to a sensational first-ever German Bundesliga title.

Also we analyse the record revenues and viewership figures for the 2023 AFCON.

And we speak to Emmanuel Agbadou, an Ivorian defender who plays for Reims in France, on his football and his faith. 

Plus of course, Stuart on the dramatic Uefa Champions League quarter-finals.
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29 min
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