I view media production

03/03/2025

Yes gott it 🤲🏾

02/03/2025

King in wich Jungell👀! Thay Need to change that To I am my Brothers keeper 💯?

01/03/2025

Ho can tel me wat a B20 is ? 👀and Dont Google it ⭐️👀

News
__A historic first for Africa

A few days ago, I was honored to deliver a keynote speech in Cape Town at the historic launch of South Africa's presidency of the B20 and G20. While you are likely familiar with the annual G20 Summit, many don’t know that there's also a B20, which is a gathering of business leaders from the G20 countries.

In November 2025, the G20 Summit will be held on African soil for the first time. A big first for the continent as a whole. This is where the eight B20 task forces will present their recommendations to the world's political leaders.

I am also honored to serve as one of the B20 South Africa Task Force co-chairs this year, representing all of Africa, of course. The theme of my plenary keynote was “Let’s use strategic collaboration to accelerate growth in Africa”.

In the speech, I gave the example of how Africans from 55 nations across the continent and different sectors successfully managed the pandemic crisis TOGETHER in 2020-22.

I shared details of how leaders from politics, business, and global philanthropy worked together to protect Africa’s population. Few people were aware of the fact that Africa had the lowest sickness and mortality rates in the world. And let me assure you, it did not happen by itself. Some of us worked 18 hours a day for two years.

We built the largest supply chain and logistics operation in Africa’s history. We mobilised and manufactured vaccines, and other medical supplies. We even exported urgent supplies to our African brothers and sisters in Caribbean nations.

I shared in my remarks that Jamaica's amazing athletes were enabled to compete in the Tokyo Olympics in 2021 because rushed to export to them the vaccines that they needed to be able to travel and participate. [These were the 2020 Summer Olympics that had been postponed to 2021].

Here's my point: This is how we, as Africans, should now be collaborating to develop our economies! African economies [all of them] are just too small for a go-it-alone approach.

This is one reason why the Africa Continental Free Trade Area (AfCFTA) was launched. Together we are a growing market of 1,3bn+ people, with a GDP of about US$3,4 trillion.

I'll be co-leading the B20 Finance and Infrastructure Task Force which will meet periodically for the next six months or so to come up with actionable [impactful] recommendations to present to the G20 political leaders. The other seven B20 South Africa task forces will focus on:

# Trade and Investment
# Industrial Transformation and Innovation
# Employment and Education
# Energy Mix and Just Transition
# Digital Transformation
# Integrity and Compliance
# Sustainable Food Systems and Agriculture.

I'm not sure of the process but if you think you might have the professional and technical expertise to be considered to serve on one of the eight [volunteer] B20 task forces, you can find out more here: https://www.b20southafrica.org/

We need to leverage our key asset, and it’s not our vast mineral resources. We have something much more valuable than that: we have the world’s youngest and most vibrant human capital.

It is going to be an interesting year!







Photo credit: Henry Marsh

23/02/2025

If this helps pleas liv a coment Thanks!

23/02/2025

Du Får ett Toppen erbjudande

Få en värdering av din bil redan idag

23/02/2025

22/02/2025

New car fräsch start ! Do you need space ?look No futhere

21/02/2025

Wats your view on vendurs capital in Afrika Wood you go fore a move like that to help you with your plans as a ?

Venture capital series: Why does a VC invest in a ? (Summary conclusion)
__Now it's up to you.

In this series about Venture Capital investors, I have challenged some well-held views amongst many of you, but before I go on to other topics, let me go back to one issue: “Why does a VC invest in a business?”

To begin with, get it into your head that a VC is a business, and they make their own money by following a particular business model: They invest and help you increase the value of the company, then they sell their stake to someone else at a higher value than at their point of entry.

They are not interested in staying in for the long term. Whilst they are there, they provide funding and give you mentorship... and if you don’t listen to them or fail to do the things mutually agreed, then they have the power to kick you out of management [but cannot take your own ownership stake]. In such rare situations, they would find a professional manager who can run the business.

Being a VC investor is highly risky and most investments actually go bust or fail to realise their potential. When a VC investment fails, it is not usually because it was a bad idea but because of poor management skills of the entrepreneur. And when the business fails the VC loses everything!

VCs are usually dealing with entrepreneurs who have actually never run anything in their lives and are just full of great ideas. I have told you before that VC invests to make money, and they make their money by selling their shares to someone else. Before they actually invest, they research to see how easy it will be to sell their shares and get their money out.

The ideal situation is to sell to the general public in an IPO. Now if the local exchange is poorly run and rarely does IPOs, then that country is not a VC-friendly environment.

Some people have asked why the VC can’t sell the shares to the founders: It is actually very difficult because a founder who can afford to buy out a VC after increasing the value of the company, never actually needed the VC in the first place. Think about it!

Our message on Venture Capital in Africa is getting through, but you must persist. As I earlier mentioned, I recently attended a function in London where, when the Ambassador of an African country saw me, he immediately referred to my comments at the World Economic Forum in Davos last month. He then asked me to explain in greater detail, which I did:

1. As part of the formal education in our High Schools we need to introduce a course in which is examined in exactly the same way as other school subjects;

2. Students leaving High School must know the formal process of starting a business, including the process to raise money and how to make a to investors;

3. A proper is needed to funnel money into your most promising young entrepreneurs who set up proper businesses with high growth potential;

4. Focus on DOMESTIC Venture Capital mobilisation and don’t rely on external players who are focused on the crème de la crème;

5. Go for mass entrepreneurship; and

6. Transform your local Stock Exchange into a vehicle for mobilising capital for high growth businesses.

On this, my job is done. Now it's up to you.







Image credit: KWB-Ubuntu Hope via AI.

19/02/2025

Love this animalas ?Naw i know wi i Have so much love fore Dogs specially pitbulls? 🥰👈🏾or is it just me ?

19/02/2025

Man i miss home 😩ho dont want to go vac like this ? Only in the mother land you Will find harmoni like this ? Or you tel me m8?

19/02/2025

naw This is my Lill syster in the Uk so proud she and her siblings Have come 💪🏾🖤this is hera at &co pilates session !I Ben BAck in Sweden a hot min or Tow still havent sin nor herde anyone Menton anything Pilates Traing 🤷🏾‍♂️ ! Ladies Have you ever Dan anything like this before?

15/02/2025

Wood you liv! The country your in?To come and risk your dreams in Any part of Afrika

Pause: Food for thought

__Take a look and a read, and tell me what you think.

A few months ago I agreed to participate as part of an interview series on prominent Africans by the McKinsey Global Institute (the world’s foremost private think tank) to share some ideas about African entrepreneurship. Here's a link to my interview and much more: https://mck.co/2V9EHgl

I hope you enjoy it. You can also watch other interviews with thought leaders on Africa which I think you will find very interesting. Please don’t publish it for copyright reasons at McKinsey but you can like it on our platform or share with a friend.

For those of you who enjoy a serious read as I do, McKinsey & Co's Africa team, which includes some of the smartest people I know, has just released an amazing book: “Africa's Business Revolution: How to succeed in the world's next big growth market”, by Acha Leke, Mutsa Chironga and Georges Desvaux.

This book contains the kind of information on Africa that investors will expect you to know, when you go for the BIG $’s!

Now here's a little homework. Check out below a few of the facts and figures from that book. As an entrepreneur, what do you see?

# Africa's population today is about 1,2bn, expected to double by 2050;

# 122 million people across Africa are active users of mobile financial services; (this is more than half the users globally!)

# $5.6tn (yes, trillion) is the projected consumer and business spending on the continent by 2025;

# Africa's 700 largest companies earned a combined $1,4tn in revenues;

# Africa has over 400 companies with revenues of $1b or more (soon to include some of you, if not already).

"Why Africa? Why now?" is the first section... The next (which is most of the book) is "How to win in Africa, a strategic guide". The book concludes discussing something we talk a lot about here, "Doing well by doing good"...

Need I say more? Get the book. You can see even my friend Aliko got himself a copy!

End.

Image caption (L-R): Mutsa Chironga, Aliko Dangote, Acha Leke.

13/02/2025

Ges hos if ti see my nana today 💃🏼👈🏾👀👉🏾🤣