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Author: Tunji Oke

Guest Speaker Profile: Joseph Edgar (Duke Of Shomolu)

Edgar also known as The Duke of Shomolu is a consummate Investment Banker cum Theatre Producer and all round trouble maker according to his Instagram. Edgar is the founder of Beetle which tries to generate wealth to assist widows and other disadvantaged people to create their own businesses He is the co Founder of Hamilton and George Limited a bespoke Financial Advisory Firm and the Founder of Duke of Shomolu Productions a Theatre Production Company that has raised over N300m and delivered iconic stage productions including the BBC rated Aremu, a play depicting the Life of Former President Olusegun Obasanjo. Edgar is an influential Sales person who...

Daily Digest, Thursday 2 July 2020

Daily Digest, Thursday 2 July 2020 Funding In Africa The African Union Launches Youth Innovation Challenge on Democracy & Governance The African Union (AU) has launched the “Democracy and Governance in Africa- Youth Innovation Challenge”, to identify, capacitate and recognize youth working on digital or non-digital innovations in Africa. The African Union says it’s looking for structural ideas that can prevent conflict through addressing issues of democracy deficit, lack of good governance and work to promote human rights practices. Read more...

Nigerian Sports Betting Sector Report 2020/2021 – By Afriscaper Research

www.afriscaper.com Introduction The sports betting sector in Nigeria is estimated to be a N500billion – N1trillion Naira (over USD $1billion) market, the sports betting and gaming sector has experienced unprecedented and unanticipated growth in recent years, catapulting itself into standing as a key industry in the Nigerian economy. A small indicator from the report created by Afriscaper provides insight into this reality – The Casino Segment provides the only comprehensive data for Nigeria as the industry still lacks sophistication, regulation and could improve in certain aspects of legislation. The Casino segment estimated at about 10% of the total legal gaming/gambling sector accounted for tax in the region of...

Launch Your Innovative Venture (The Structure Of A Pitch)

Principle and objective of the pitch What is a pitch ?  The first oral presentation of your project is called a pitch. In few minutes, you must have submitted your project and have convinced your audience, in order they want to know more about it. It’s often mentioned, also as the "elevator pitch", when you have just few minutes. It's as if you took the elevator with an investor and you succeed to create its interest during the trip. In this case, you must be able to convince in less than 3 minutes. When can I tell my pitch ?  For a pitch, you can be in different situations, as you...

What Investors Are Looking For In Pitches Claiming Innovation

1. Adapt an existing product to a new use  Innovation doesn't even require technology. You may offer a different application for an existing product, a new pricing model, or a new level of support. Or find an entirely different application for an existing product. As an example, De Beers once produced only industrial diamonds, but found a market as well in engagement rings. 2. Pick a specialized technology within an existing movement Let the heavy lifting on major technology evolutions be done by big players, such as Apple or Google. Think smartphone cameras, as opposed to a new smartphone design. Within all large markets, there are many opportunities...

18 Pitching Essentials: How To Pitch An Idea To Investors (And Early Customers)

Stage 1: Understand what makes a compelling pitch “You have 90 seconds, if you’re lucky. If you can’t make your point persuasively in that time, you’ve lost the chance for impact. Facts and figures are important, but it’s not the only criteria, you must present in a manner that generates expertise and confidence.” A good pitch balances business and emotional needs. Whether you’re pitching to a company, an investor, a customer, or a potential partner, you have to hit them on both emotional and business levels. Without this, your pitch is almost certain to fall flat. A good pitch is succinct. In most cases you only have a few seconds...

Afriscaper Research Report: Nigeria Mobile Phone Market

Scroll to bottom of the page here and download full power-point version of the report Afriscaper Research & Consulting recently executed a Nigeria Mobile Phone Market research project & report on behalf of KaiOS, focusing on Internet Usage. You can check out the report on the KaiOS website, by scrolling to the bottom of the page for the Afriscaper reference and to download the full powerpoint version. A massive project which covered several states in Nigeria, across the various geo-political locations, the outcome of the research revealed deep insights & data, several trends, factors and socio-economic drivers influencing the proliferation of mobile devices and internet usage among...

Weekend Feature: COVID-19 Highlights Digital Divide in Emerging Markets

Introduction The COViD-19 pandemic has caused the shut down of schools, airports, restaurants, entertainment venues, places of worship, offices and more locations all over the world. In emerging markets across Asia, LATAM, Africa and parts of Europe the digital divide has never been this pronounced. The Internet provides alternatives in developed markets In developed markets, the internet has helped to overcome some of the challenges. For the challenge of schools being shut down, the education sector resorted to online classes; for businesses, video conferencing has become the new normal; for shopping, ecommerce platforms and delivery services have been leveraged; for entertainment, people have been drawn to video streaming services. A...

Zipline rival Swoop Aero raises funding to help curb COVID-19 in Africa

Swoop Aero, a Melbourne-based drone startup operating a fleet of drones delivering medical supplies in Malawi in a bid to help curb the COVID-19 pandemic. Swoop Aero, founded in 2017, received a further Venture Capital investment, co-led by venture capital firms Tempus Partners and Right Click Capital to help it commence flight operations to deliver vaccines by drone in the Équateur province of the Democratic Republic of Congo (DRC). The firm said it would use the funds to fuel its growth across Africa and into Australia, New Zealand and South East Asia. The firm, founded by former air force pilot Eric Peck and mechatronics engineer Josh Tepper...