one of the uber drivers in this story first refused to speak, thinking i was trying to get information out of him for uber and moove. i told him to google me. about 10 minutes after, he called me back and said “i know 20 more drivers you can speak to.”
i found out today that i graduated with a 2’1 after five years of carrying this 2’2 certificate around. got my transcript today and it carries 2’1, did the math and it mathed. well done, university of ilorin🙏🏻
busy toasting this supposed french lady on a flight to abidjan and she kept smiling at my lines. when we arrived and trying to sort out our luggages, she video-called her husband and told him to say hi to his fellow yoruba man😭😭
an ex-bento was interviewing for a new job. when the founders of the new company heard where she was coming from, they told her they'd only hire her if she agreed to go to therapy. she was shocked and broke into tears, she hadn't talked about bento shit but the founders knew ebun
just read that
@waze
was sold for $1.1 billion. the co-founder made $38 million (~3%), and every employee got $1+ million dollars (9%) after the sale. that's about $100+ million in total. investors shared the rest (85-89%)!
welcome to the venture world
The reason Anthony Joshua lost is the reason why Mayweather never fought outside US. First fight in the US out of the UK and he got his ass beaten.
Can we now stop telling Messi to leave Barcelona. Lol.
Workplace culture at startups can be structureless, lacking in process, and built around the founder and their personality. While some founders create workplace environments that drive efficiency and productivity, others make working with them hell.
as someone who studied computer science in uni, this story is so spot on. indian youtubers really helped me through school, especially my data structure class.
You will have to agree with me that
@AdesuaEtomiW
and
@SholaShobowale
are the best fictitious daughter/mother nollyhood characters of recent time. You must agree.
for this story, i spoke to over a dozen Chowdeck riders, two of whom are earning 400k and 600k naira monthly, happy food vendors and users, who said the company has changed food delivery experience for them.
i’m looking for a copywriter intern in lagos. the successful candidate would support in writing website copy, newsletters, blogs, press releases, press kits, SEO.
ideally: someone with a bit of content writing or business journalism experience.
Budget: N150k
a 16 year old founder and CEO of two companies:
@zeddpay
, a genZ-focused fintech startup, and
@aeroseedsafrica
, an agrotech startup that wants to automate reforestation in Africa.
@heypleasant
well done, this is insanely inspiring. keep building!
if you're waiting for receipt for this, it won't come. go and sleep, stream blaqbonez's commando or read the TechCabal article written by one guy like that...receipt dey that one plenty
chowdeck legit created a talent pipeline for its riders: takes the bikes off their hands and gives them macbook. now riders would handle each delivery diligently, knowing that bumps up their chances of becoming an associate.
this company is definitely different!
So I had a chat with the incredible
@njokuScript
, founder/CEO of
@lazerpay
, about his journey. From the early days in Port Harcourt to Dubai and Lagos. Njoku put in his fair share of "15hours/day" and it's only right that he succeeds.
enjoy!
interesting stuff! Abasi Ene-Obong, estranged co-founder and ex-CEO of genomic firm 54gene, is going at it again. He’s started a new company called Syndicate Bio, lining up a team with incredible résumé. balls of steel or not?
two years after the Taliban’s takeover of Afghanistan, the jihadists who transitioned from the battlefields to paper-pushing government jobs in the city are ready to quiet quit.
interesting stuff! Abasi Ene-Obong, estranged co-founder and ex-CEO of genomic firm 54gene, is going at it again. He’s started a new company called Syndicate Bio, lining up a team with incredible résumé. balls of steel or not?
If you're building a community(ies) that help Africans transition into tech, i want to speak to you for
@TechCabal
.
i personally think you're doing the the Lord's work and you need a higher alter to preach from.
I felt that dude when he said if it's not Wizkid Vs Davido, then it's Burna Boy Vs Davido. Davido truly has got something going on to always be the common factor in every comparison of greatness.
At Jumat today, our Imam blamed rape on two things: indecent dressing and indecent dressing. He also said if your wife refuses you, lock the door and thug it out - said that one isn't rape. There is a big wahala.
I'm delighted to welcome
@tarykuh
to
@restofworld
as our Africa Reporter. Damilare is one of the most gifted and prolific reporters on the continent, and I look forward to all the great work we'll do together.
even
@FuadXIV
, like the rest of us, is yet to figure out the entirety of
@StartArchiving
’s use case. but he’s certain that their work will be instrumental in solving AI’s problematic lack of African contexts.
After advising Nigeria's vice president on trade and investment, leading
@AfCFTA
negotiation for Nigeria, and co-founding
@anafricanfuture
,
@adetolaov
's new startup
@Norebase
wants to help African businesses expand seamlessly across the continent.
“over 90% of [fashion brands] we sell in Nigeria are knockoffs and predominantly from the Chinese or Asian side of the world." as part of
@restofworld
's enterprise series, I reported how Chinese e-commerce fuels Nigeria's fake-original market.
Accounts from merchants indicate that these startups aren’t just dealing with a cash-hemorrhaging business model but also a market where brand loyalty is evasive. This means that even if companies manage to cut costs, it is unlikely to result in profits.
how's the cheapest flight from lagos to manchester ₦277,386 and that of lagos to dakar (3hrs+) is ₦348,651? there's a problem somewhere, eledumare take the wheel.
moniepoint signs phyno and timaya as brand ambassadors. this doesn’t seem like a random choice of ambassadors. there’s a brilliant play here, but what’s it?
day 1 and 2 at
@TechCabal
#MoonshotbyTechCabal
, representing
@restofworld
. my panel on the potential of open banking in africa opened the stage today. well done to the entire TC team. moonshot is incredibly executed!
amid waning consumer trust and regulatory pushbacks, african crypto startups are dealing with the lack of venture dollars needed to gain competitive advantage against local and global counterparts.
here's my first story as africa reporter
@restofworld
.
glovo promised its nigerian delivery riders insurance in case of an accident, more than 100 riders took to the streets of lagos saying the company is leaving them to fend for themselves after getting in an accident.
my latest report for
@restofworld
i appreciate the work we do at
@TechCabal
more every time i travel. i am always shocked at how i don’t have to say too much when introducing myself. even in dubai. apparently the emirate is interested in the African ecosystem and TC is their first stop to learn about the space.
But one afternoon in March, an ex-employee reached out to TechCabal. He was ready to talk. And, somehow, his coming forward opened the gate for 6 more people to tell their story—including one source who said Bento was “the darkest period” of their adult life.
summary: the only reason a lot of people can outsource house chores in “nigeria” is because it’s ridiculously and exploitatively cheap. very very true.
outsourcing all your domestic chores is only possible because of class
there’s someone poorer who’ll do it
so i guess you can think being able to outsource all your house chores is a flex but it’s not liberation
it’s just exploitation of class
esp the way nigerians do it
citizens shouting “we are hungry” after a presidential convoy has to be a new low in this country. maybe plenty booing and cursing out but i don’t think this level of actual expression of suffering has happened before. carry on àkàbí omo oniya o mo ebi!
this is how much folks have denigrated internships. what's bad about being a co-founder seeking an internship? it's obvious why a lot of y'all pay interns shits or nothing.
Initial efforts to source people to speak to about this failed. Everyone we contacted was worried about their safety, fearing that their former employer, co-founder and CEO of Bento Africa Ebun Okubanjo, could hurt them:
somebody go post job with the salary he can afford, some of you go open mouth wa. are you saying a founder who’s not paying himself 400k should give a content writer 400k. there are many things you must know when you’re joining an early stage co; lack of huge paycheck is chief.
i’m a journalist working on a story about the intersection of igbo women and modern day technologies. kindly open your dm so that i can send some questions over. thanks
my uncle, who was one of the major distributors of okin biscuits in lagos, made so much money. made even more, when the co. started okin malt. he'd go on about how okin was changing the lives of offa people and those from its environs, providing thousands of jobs.
The Okin Biscuit factory was located in Offa, Kwara State. It was manufactured there and got to the whole country. Back in the day, people could sire the factories of their businesses in their villages.
Now, most villages and small towns cannot host factories. No infrastructure
@Samuel0X_
is an enigma. i was literally gubsmock all through our conversation. this man--who's surprisingly young asf--has touched the sky and played with the moon. but his next venture is like defi-ing the gods of the land😂
i'd bet on him, 100%
these sudanese founders might be showing us the true meaning of wartime CEOs. amidst canon and continuous war, resilient startup founders are adapting their products to meet their users’ most immediate needs.
read my latest for
@restofworld
One startup with a reputation for the latter, according to interviews granted to TechCabal by former employees, is Nigerian payroll startup Bento Africa (formerly known as ).
what then is journalism? this is an insult to the publication and the writer who's done a fantastic job so much that "children of criminals and government looters" are willing to speak about their lavish lifestyle for prints. you should be spraying zikoko with rose petals.
This tweet is golden. Almost the same amount of money someone used to build a mansion in Lagos is what someone used to start one of the biggest banks in Africa today.
These will be my last tweets on this real estate matter in Nigeria for a while. I still see that people don't get it.
My late father got a plot in Maitama, Abuja for 30,000 Naira in the 80s because he was a connected federal civil servant and he sold it when it was 45,000 Naira
Anne-Marie Chidzero, chief investment officer at FSD Africa Investments, talks about the risks and opportunities in backing Africa’s early-stage startups.
Lebron James shows up 5 hours early every game day. see eh this thing is not magic, talent is never enough. you can't undetell the importance of the amount of time you put into work.