Lorna Izoma
The first time I saw a Bokku mall, I wanted to try it out as I am a maestro of mall explorations.
Why? Well, I am a simple woman and shopping makes me happy. I see a new mall and I enter.
The prices of items were the same as in other malls, I mean duh.
What did I think was going to happen?
I bought a few items that day and went to the checkout, but I was told I had to pay for a cellophane bag.
Yes, it was ₦50 and ₦100 for different sizes, but the Nigerian in me found it ludicrous.
I had never bought a plastic bag at a mall all my life, and I didn’t intend to start then.
I put my bought items into my tote bag and moved on.
"It was just a regular mart", I thought.
That was until I smelt something. It came from the Bokku bakery situated inside the mall.
Its aroma gave off a scent of melted butter and vanilla-flavored milk.
I just had to taste that.
I ate the bread and it melted in my mouth. It tasted like it had cream embedded in its recipe.
It was like a warm, vanilla goodness exploded, and the buttery sweetness of Bokku bread danced the waltz with my taste buds.
I knew I would always go back for that bread. Bokku Mart had won my soul.
Bokku: The Enterprise That Won Lagosians with bread.
Bokku has capitalized on Lagosians’ love for bread and placed their malls everywhere.
It feels like a Bokku Mart takes less than a month to get built and working. Because they are almost at every corner of Lagos.
I admire their tenacity and productivity.
They hooked us with their best-seller bread, and never let us forget about it.
Have you tried the Bokku bread before?
You haven't?
Well, take your nylon/cellophane/tote bag and head to your nearest Bokku Mart.
You said you need the address? No, you don't.
Just walk at least 150 steps anywhere in Lagos, and you will see a Bokku Mart.
You can also check their locations posted in their link in Bio, on their Instagram page: bokkumart.
At this time, in May of 2024, Bokku bread weighs 800g and sells at ₦1100.
Hopefully, the Nigerian economy does not make things harder and they have to increase the price.
Amen.
If you want more sweetness out of your Bokku bread experience, I suggest peanut butter or jam.
It pairs perfectly with the sweetness of the bread and bursts into a rainbow of flavors in your mouth.
Have you seen a Bokku Mart yet, then go in with your bags and get that bread.
Especially a warm, soft one.
Could you tell that I am a lover of bread from this article? I hope it was not too obvious😅
I am Lorna Izoma, a content writer, product copywriter, and fiction writer. I have mastered the use of storytelling to convey information and value to your clients.
My LinkedIn says more about the 'business' me, my Instagram is where I often post personal or chaotic stories and I show off my storytelling skills as well.
And my Twitter is where I meet amazing people who have helped push my writing career. I also share tips I learn to help me fellow writers.
Connect with me have a lovely day
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Bird Story Agency - Promoted
The Climate, Tech & Sustainability Series -
The Climate, Tech & Sustainability podcast series from Africa Tech Summit, supported by Mercy Corps Ventures and in partnership with the SixthD.
With insights from Kubik Inc. a company turning plastic waste into affordable and durable low-carbon buildings in Kenya and Ethiopia.
Featuring:
Kidus Asfaw, CEO and Co-Founder, Kubik Inc
Boko Inyundo, Founder The SixthD
Subscribe for updates and join our live Summits us in Nairobi and London! More details on www.Africatechsummit.com
Bird Story Agency
Listen in to this episode to learn about
- How Tracy Mapfumo started the award winning brand Eny's Treats
- What food innovation is
- Issues (and pointers) surrounding navigating the Zimbabwean agribusiness industry
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Tracy Vongai Mapfumo is a food innovator and founder of Eny's Treats. Eny's Treats manufactures wholesome snacks for urban health-conscious consumers. Through the brand, Tracy is working to transform Zimbabwean food into competitive products.
Her work with indigenous plants has seen her also take on the role of a research consultant and trainer with a focus on under utilized indigenous plants that have commercial value. Holding a BSc in Agriculture: Crop Science, Tracy is also a Michigan State University Fellow who has won numerous awards including Best SME in the Women in Agribusiness Awards, Ndine Thaza Season 6 Winner, CBZ - YEP Start Up Business Winner2019, and UNDP Youth Connekt First Runner up 2019.
Follow Tracy's journey as she grows Eny's Treats!
Click here to be a guest on this podcast.
Let's Connect on LinkedIn
Let's Connect on Instagram
Benjamindada - Promoted
🎙 Zimbabwe’s new gold-backed currency came into general circulation.
🎙Unlocking Growth: African Capital Markets in Focus with Eugene Tawiah.
🎙 Coca-Cola Eyes IPO for African Bottling Business.
🎙Twiga Foods Appoints New CEO After Founder's Resignation.
This episode is a repost from Season 1 of our podcast. Clive Butkow shared his extensive journey from his early entrepreneurial ventures to his impressive tenure at Accenture, and his eventual founding of Kaylon Venture Partners after a brief retirement.
This episode was not just a deep dive into the mechanics of venture capital but also a masterclass in leadership and entrepreneurial mindset. Clive's passion and expertise were truly inspiring, making this a must-listen for anyone interested in venture capital, entrepreneurship, or business leadership.
--- Send in a voice message: https://podcasters.spotify.com/pod/show/the-grinders-table/message
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Benjamindada
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TechCrunch
Overview: Today, we’re going to talk about Wasoko (Sokowatch) We’ll explore the story across the following areas:
Africa’s and Kenya’s informal retail context
Wasoko's early history
Wasoko's Product & monetization strategy
Competitive positioning & potential exit options
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:
Recommendation: Artificial Intelligence, a guide for Thinking Humans by Melanie Mitchell & Would You Sell Your Extra Kidney - Dylan Walsh
Small win: won my physical activity mini-league
Other content: FT fastest growing companies 2022 & Modularity Theory - Christensen Institute
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
TechCabal
Can a Shariah-compliant economy salvage the current harsh global economic realities?
The co-founder of an L1 blockchain company, HAQQ Network, Mohammed Alkaff AlHashmi, thinks it is possible through an inclusive and ethical digital future using blockchain technology and smart contracts.
Sanjeev Kumar
The transportation industry is the lifeblood of the global economy, responsible for moving people and goods across continents and within cities. This report delves into the vast and multifaceted general transportation market, analyzing its current size, future growth trajectory, key challenges and opportunities, and the evolving landscape of players.
Market Size, Growth, and Future Outlook:
The general transportation market is a behemoth, currently valued at an estimated $3,604.98 billion in 2023. Experts predict a steady Compound Annual Growth Rate (CAGR) of 8.5%, propelling the market to reach a staggering $5.3 trillion by 2028. This growth is fueled by several significant factors:
- Rising Global Trade: The increasing volume of international trade necessitates efficient and reliable transportation solutions for moving goods across borders.
- Urbanization and Population Growth: As cities expand and populations increase, the demand for efficient urban transportation systems like buses, subways, and taxis grows.
- E-commerce Boom: The surge in online shopping necessitates robust logistics and delivery networks to ensure timely and efficient product delivery.
- Focus on Sustainability: Growing environmental concerns are driving the adoption of cleaner and more sustainable transportation solutions like electric vehicles and alternative fuels.
Top Leading Players and Emerging Players:
The general transportation market is a diverse ecosystem with a multitude of players across various segments:
- Logistics Giants: Global logistics companies like DHL, FedEx, and UPS play a crucial role in moving goods across continents, offering comprehensive supply chain solutions.
- Airlines and Air Freight Carriers: Airlines like Emirates, Lufthansa, and American Airlines connect people and goods across vast distances, while air freight carriers specialize in transporting cargo.
- Public Transportation Authorities: Government agencies and private operators manage public transportation networks like buses, trains, and subways within cities and regions.
- Ride-Hailing and Sharing Economy Players: Companies like Uber, Lyft, and Ola are transforming urban transportation with app-based ride-hailing and car-sharing services.
Growth Opportunities and Latest Developments:
The general transportation market trends present exciting opportunities for players who can capitalize on emerging trends:
- Focus on Multimodal Transportation: Integrating different modes of transportation like buses, trains, and cycling creates seamless and efficient travel experiences for passengers.
- Smart Transportation Systems: The adoption of smart technologies like AI, big data, and the Internet of Things (IoT) is optimizing traffic flow, improving public transportation efficiency, and enhancing logistics operations.
- Autonomous Vehicles (AVs): The development and deployment of AVs have the potential to revolutionize the transportation landscape, offering safer and more efficient mobility solutions.
- Focus on Sustainability: The development of electric vehicles, alternative fuels, and green logistics practices is crucial for reducing the environmental impact of the transportation sector.
Challenges and Considerations in the General Transportation Market:
Despite its promising outlook, the general transportation industry faces some key challenges:
- Infrastructure Bottlenecks: Aging infrastructure in many regions struggles to keep pace with increasing demand, leading to congestion and inefficiencies.
- Regulatory Landscape: Navigating complex regulations across different countries and regions can be a challenge for transportation companies operating globally.
- Fuel Price Volatility: Fluctuations in fuel prices can impact the cost of transportation services and disrupt supply chains.
- Cybersecurity Threats: Transportation systems are increasingly vulnerable to cyberattacks, requiring robust security measures to protect critical infrastructure and data.
Future Trends and the Road Ahead:
The general transportation sector is constantly evolving, with several trends shaping the industry's future:
- Data-Driven Decision Making: Leveraging data analytics will be crucial for optimizing transportation networks, predicting demand, and improving operational efficiency.
- Hyperloop and Emerging Technologies: Advanced technologies like Hyperloop offer the potential for ultra-fast transportation solutions, revolutionizing long-distance travel.
- Focus on User Experience: Transportation providers will prioritize creating seamless and personalized travel experiences for passengers through integrated ticketing systems and mobile applications.
Conclusion:
The general transportation market is a vital and dynamic sector with significant growth potential. By addressing infrastructure challenges, navigating regulatory complexities, and embracing innovation in areas like sustainability and smart technologies, transportation players can ensure a smooth journey towards a more efficient, connected, and sustainable future.
African countries lag behind G20 nations in their digital infrastructure and risk falling behind in their economic development and exacerbating existing inequalities. Host Landry Signé and his guest Haroon Bhorat of Cape Town University—co-authors of new research on how to foster an inclusive digital economy in Africa—discuss the indicators of digital infrastructure and policy recommendations for accelerating digitalization in Africa.
Foresight Africa podcast is part of the Brookings Podcast Network. Subscribe and listen on Apple, Spotify, Afripods, and wherever you listen to podcasts. Send feedback email to podcasts@brookings.edu.
Aloysius Uche Ordu, director of the Africa Growth Initiative (AGI) at Brookings, and Landry Signé, AGI senior fellow, discuss the vulnerabilities and opportunities facing nations on the African continent. From climate change to political instability, positive economic growth to increasing life expectancy, Ordu and Signé offer their perspectives on policy solutions for Africa.
Foresight Africa podcast is part of the Brookings Podcast Network. Subscribe and listen on Apple, Spotify, Afripods, and wherever you listen to podcasts. Send feedback email to podcasts@brookings.edu.
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.
This episode is a mildly insane celebration of 1/2 of your favourite duo's birthday! After recapping Jola's birthday surprise (she WEPT) and the ensuing overindulgence in enjoyment, Jollz & FK get into some of your dilemmas, before sharing their over-the-top financial fantasies. Finally, Jola shares her unsafe space for the week; "loved ones".
Don’t forget to use #ISWIS or #ISWISPodcast to share your thoughts while listening to the podcast on Twitter! Rate the show 5 stars on whatever app you listen to and leave a review, share with everyone you know and if you also watch on YouTube, subscribe, like and leave a comment!
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Makheni Zonneveld is the Coolest Granny in Town. Originally from South Africa, she is an energetic 70-year-young granny. Makheni is the founder of Real Solutions Training (1999) and the Free Health Club (2021) and the authour of Healthier and Slimmer. She was is more known for being a speaker, trainer, coach and storyteller in the corporate sector. She became a wellness speaker and coach since proper health information saved her from an operation in 2008. She is a mother of two adult daughters and has one grandson. She now lives in The Netherlands with her husband and business partner, Koen Zonneveld.
The book can be found at:
https://www.healthierandslimmer.online/
Africana Woman - africanawoman@gmail.com
Connect with Makheni at:
https://www.facebook.com/makheni.zonneveld
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
Socials:
Instagram: https://www.instagram.com/chulu_bydesign/
https://www.instagram.com/africanawoman/
Twitter: https://twitter.com/AfricanaWoman_
Join the online Personal Brand Course Cohort 2:
https://forms.gle/zyQT8HasBcbaK6Fb9
Join the Africana Woman Visionaries:
https://selar.co/africanawomanvisionaries
Royalty Free Music from Tunetank.com
Track: Epinephrine by AHOAMI
In this Episode we speak to the Co-founder of AI Instant communications Platform Pindo, Eugene Rwagasore on his journey so far.
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:
- Connect with Peter Muhumuza on Linkedin.
- Connect with Adam Wakefield on Linkedin.
- Connect with Hope Dithlakanyane on Twitter and Linkedin.
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.
🌍 Creating impact in the African tech ecosystem takes many stakeholders, and while venture dollars might grab the biggest headlines, foundation and impact partners also play a crucial role. You might even argue—correctly—that these impact partners have influenced traditional VC players and shaped how they think about investing on the continent.
🚀 This month’s podcast is a conversation with Dr. Nina Smidt, the Spokesperson for the Board and the CEO of the International Siemens Foundation, an independent non-profit organisation that has been promoting and investing in sustainable social development for the last fifteen years.
The Foundation focuses on three key topics: access to essential services, connected societies, and climate and sustainability.
At the heart of this conversation is the importance of sustainable social enterprise. Another key theme is the importance of working with local stakeholders in specific regions because they know best what will create the most significant impact on their work and impact in their communities.
It’s a particularly valid point when foreign VC players in Africa have received criticism for their poor understanding of the landscape and lack of knowledge of sustainable business models. In 2021 and 2022, a time when foreign VCs poured money into Africa, there was a sense that partnering with local players familiar with the lay of the land would have led to better investments.
But it’s not all about divergence. VCs and impact foundations also have notable points of convergence. Impact foundations can, for instance, invest in late-stage social enterprises that may not receive follow-up VC funding but serve very important purposes.
💡 Here’s a quote from Dr. Smidt that drives the point home:
“The biggest obstacle is still a lack of funding in general. Funding is there for ideation and later stages, but the so-called middle experiences a funding gap. We support social enterprises that are not in the early stages anymore, that are already generating revenue but are not sustainable in themselves from a funding perspective. So here’s where we come in.”Enough spoilers for one episode. Please listen and share what you found the most impactful in this episode! - Olumuyiwa (Contributor and Writer, African Pre-seed Podcast).
💡 Top 5 insights unpacked in the episode:
- The International Siemens Foundation's point of view on impact and social entrepreneurship [03:37]
- The foundation bridges funding gaps for social enterprises in the "missing middle" stage, supporting them until they become self-sustainable [08:34]
- The importance of local understanding in driving innovation and change [11:30]
- Monitoring and evaluation methods to assess programs and continuous improvement [17:22]
- Investing in research and development, empowering local innovators to pilot and scale solutions [24:06]
CONNECT VIA SOCIAL MEDIA:
- Connect with Nina Smidt.
- Connect with Adam Wakefield.
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
Bird Story Agency
TechCrunch
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
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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