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Welcome to another edition of Workshift! The exclusive newsletter for African Leaders, Founders and Managers.
In Today's Email:
- Elon Musk Chooses Nigeria for Starlink Expansion
- The Fastest Growing Software Category
- AI tool of the week: Cody is an intelligent AI assistant like ChatGPT, with the added benefit of training it on your business, your team, your processes, and your clients with your own knowledge base.
- Opportunity Of The Week: $250,000 For Your African Technology Startup Company
THE BIG IDEA
Elon Musk Chooses Nigeria for Starlink Expansion
So Elon Musk has given permission to a Nigerian tech company to sell Starlink kits in Africa. And this means more people can get affordable internet.
The company, TD Africa, will sell the kits for less money, making it easier for Nigerians to buy them. It's a big deal because Starlink is famous for its fast and reliable internet. This partnership could potentially change how people in Africa use the internet.
What does this mean for you? Let's talk about it.
Firstly, this collaboration is a significant step towards democratizing internet access in Africa. As a result, African businesses, including startups and established enterprises, could harness this improved connectivity to enhance their operations, expand their reach, and tap into new markets.
Furthermore, Elon Musk's decision to collaborate with a Nigerian distribution company underscores the growing importance of African markets in the global tech landscape.
African founders and CEOs are poised to capitalize on this trend by leveraging partnerships with global tech giants to drive economic development locally.
In fact, TD Africa’s coordinating managing director, Mrs Chioma Chimere said “This transformative agreement signals a new era for internet access in Africa, with Starlink and TD Africa leading the charge in providing innovative and reliable solutions to meet the evolving needs of the digital economy.”
Overall, this news means more African people can surf the web, learn new things, and grow their businesses. It's a game-changer for sure!
Challenge Of The Week 🎯
Sometimes, it’s easy for you to get lost in the world of work and forget how important it is to document and make memories in your life’s journey.
So, today’s challenge is to take a photo of anything around you or yourself for the next 4 days, it’s fun and won’t take you 5 seconds.
Strengthen Your Company 🏆
Are you yearning for outstanding African talents to join your company, so you can reduce employee turnover and have a stronger, more stable team?
BEST READ OF THE WEEK 📖
African Leadership: Powerful Paradigms For The 21st Century
What you’ll be delighted about is the chance to learn from people who have experienced indigenous leadership in Africa, and discover how their skills can help you become a better leader in any setting. This book contains insights and wisdom to challenge and inspire you.
Your Target Audience Are Our Friends 🚀
Eager to showcase your brand to our 10k-strong community of Founders or our 30k African talent pool?
Learn From The Best ✍️
Check out this fascinating visual illustration of the world's first billionaire, John D. Rockefeller.
Although he's late, his company continues to generate an impressive $89.85 billion in revenue. Every week, you would see how successful founders attained their heights and you can learn a thing or two from them.
Save the image so you can always glance through it!
Credit: Ambition Chronicles
Feel Safer With Harpie! 🔐
The future of finance shouldn’t feel unsafe, but with billions ($) in crypto stolen every year, it made crypto theft the #1 concern amongst new and experienced users. But, Harpie is on a mission to make your crypto assets more secure.
And best of all? Harpie is free. Yes, free.
Meme Of The Week 😂
Have you gone on a vacation that made you wish you didn't have to resume work?
Credit: BROSIX
This Day In History 📜
Did you know that on the 15th of February in 1940, the tallest building ever constructed in Africa, the 18-floor Mutual Building opened in Cape Town, Union of South Africa?
Economic Trends For You 📈
- Africa's economy is getting better after the pandemic. The IMF says it will keep growing for the next two years. This means countries in sub-Saharan Africa will become stronger in the world economy
- Also, Global data has revealed that the fastest-growing software category in the public markets is security
Untapped Global Business Opportunities 🌐
Here's a great post on some of the best opportunities in 2024 worth millions of dollars!
What Do You Think? 🤔
Speaking of Elon, by now, you’ve heard his position as the world's richest man was overtaken and you should see this tweet…
Do you agree a certain level of ruthlessness is needed to achieve great wealth? Here's the full tweet
Strengthen Your Company 🏆
Are you yearning for outstanding African talents to join your company, so you can reduce employee turnover and have a stronger, more stable team?
Investing News & Opportunities 💰
- UK-based Giant Ventures has raised a $250 million fund and the firm wants to invest $100 million of this amount in seed startups and the remaining $150 million in Series B climate deals. TechCrunch has more here
- Telecel Global Services got $20 million from the Africa Credit Opportunities Fund to grow in West Africa and bridge the digital gap in Africa
- Chinese companies want to pour $7 billion into a mining infrastructure in Congo and there’s potential for significant financial gains
- Mastercard is spending $200 million to buy a small part of MTN's fintech arm, MoMo.
Workplace Culture 👥
As a leader, founder or manager, you are the #1 driver of your employee engagement. And this particular founder creating an amazing goal for his junior employees will result in a positive work culture.
There’s More To Being A Leader🎖️
- You can make a difference in the direction of your company right now if you follow these three pieces of advice from Dave Coffaro
- Here is how you can use curiosity to engage your team members in a productive conversation
- Download this free checklist from Calm for tips on how to lead with mindfulness
- Applications for the 2nd Cohort of the Visa Accelerator Program - Africa is now open!
- AI tool of the week 🤖: Cody is an intelligent AI assistant like ChatGPT, with the added benefit of training it on your business, your team, your processes, and your clients with your own knowledge base.
- Opportunity Of The Week 💡: $250,000 For Your African Technology Startup Company
Pro Tip To Take You Through The Week 🌟
The founding partner of Future Africa has something for you…
Let’s Talk 🗣️
What’s Happening? 🤷♂️
While you were away at work, these 5 things happened:
- World Bank projected 7 states in the Northern Nigeria to face severe food crisis in 2024
- Kenya’s leading provider of postal and related services was blasted on social media for the unrealistic use of AI
- Nigeria’s big policy win could bring crypto operators to their knees
Did You Enjoy Today's Newsletter?
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At CareerBuddy, we make hiring seamless for fast-growing companies, we pride ourselves on knowing the best people that will excel in a Startup. With a candidate retention rate of 90.3%, it is safe to say “We are the best in the game for Startup hiring in Africa”.
We have worked with our partners to hire both for Technical and Non-Technical roles, we have also helped them with expansion in Africa. Some of our clients include Bamboo Invest, Helium Health, Cassbana, Cadana, Fincra, CrowdForce, Casava, TeamApt (now Moniepoint), Sabi, etc.
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Written by Onekpe Regina
Edited by Oluwaseye Adesina
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