Category: Women In Business

  • NIN: ALTON reiterates commitment to implementation

    NIN: ALTON reiterates commitment to implementation

    The Association of Licensed telecommunications Operators of Nigeria (ALTON) has reaffirmed its commitment to the directives by the Nigerian Communications Commission (NCC) on the subscriber identity modeul (SIM) registration.

    The mobile operators said they are putting in place the processes and infrastructure to enable them incorporate the National Identity Numbers (NINs) into the SIM registration data and support subscriber enrolment into the National Identity database.

    In a statement, ALTON  said: “We will continue to work with the government to deliver on the task ahead of us and are committed to making the process as seamless as possible for all our customers.

    “The Chairman of ALTON, and the CEOs of MNO members of ALTON are part of a Ministerial Task Force accountable for implementing the directives as we work together to find a sustainable solution to this national assignment.

    ‘’All MNO’s have received an enrolment and verification licence from the National Identity Management Commission (NIMC) or via the NCC, legally enabling them to verify NIN’s provided by customers and to enrol citizens into the NIN database.”

    It continued: “All operators have established various systems to enable subscribers with existing NINs to add their NIN’s to their SIM registration profile. Options deployed for customer ease and convenience include USSD strings, apps and other self-service online portals, walk-in stores and customer care lines

    “It is important to note that we do expect that when SIM registration details are verified against the NIN database, there are likely to be inconsistencies in some of the data captured e.g.  spelling, order or number of names captured etc. Where such inconsistencies are found, the operators will notify subscribers and provide a quick and easy mechanism to update SIM registration data and ensure alignment.’’

    To facilitate the validation, verification and enrolment processes and having now been licenced by NIMC to provide those services, operators have commenced the process of backend integration with NIMC’s database and increasing the capacity of the respective databases thus enabling more rapid validation and verification.

    The group added: “To provide operational steer representatives of NCC, NIMC, ALTON and MNOs will also be meeting regularly to review progress, identify challenges, develop solutions and generally continue to enhance the process with a view to ensuring the safety, security and well-being of our customers while making significant progress towards our collective objective. We are pleased to see the recently announced extension of the deadline for registration and reiterate our commitment to ensuring the maximum level of compliance possible within the set timeframe.

    “We continue to seek your cooperation and understanding.”

  • Lagos taxi cab operators, firm unveil mobile app

    Lagos taxi cab operators, firm unveil mobile app

    The Lagos State Taxi Driver and Cab Operators Association and Univasa Nigeria Limited have launched a mobile app to aid transit in Lagos.

    The mobile app tagged: “The Univasa Provider App” was launched at the association’s headquarters.

    The President, Lagos State Taxi Driver and Cab Operators Association, Otunba Omolekan Taiwo, said the event marked another milestone in their effort to find a lasting solution to the issues of online taxi apps in the state.

    He said since the introduction of taxi application into the state market, the executives had been in touch with various partners on how to get befitting apps that are user-friendly for its teeming members across the state.

    He said Univasa taxi apps at the right time, since technology is the ultimate, we are ready to embrace Univasa taxi apps, for all our drivers and the public for usage, we are going to being back all our members that have left the association due to lack of technologies based apps into our folds.

    Taiwo appealed to the state Ministry of Transportation to give taxi apps users a level-playing ground by allowing the Yellow Taxi access into the estates in the state.

    He said the association has over 243 parks and 66 offices across Lagos and it remains the only indigenous and traditional taxi service provider in Lagos.

    He said the state traffic law review recently provides an opportunity for Yellow taxi cabs in Lagos free access to anywhere but Yellow cabs are been hindered in some estates and major hotels in Lagos.

    He noted that attempts had been made for the government to address this anomaly but there had been little or no response to their plight.

    The Chief Executive Officer Univasa Nigeria, Ben Adeniyi, said this innovation was birthed to ease the stress of riders who still go to taxi parks to order rides. “With technology like Univasa App,’’ he said, “you can book Lagos Taxi from the comfort of your home.’

    He said: “Univasa has a high hunger for technology, sing innovation to achieving things faster. And I can say that we still have a long way to go because of our vision, but I can tell you that we are on the right path. It is because of our hunger for innovation and technology that gave birth to what we are doing today.”

    He stressed that innovation had changed the way things were done and impacted our ways of life positively. The only constant thing in life is change and for that change to be effective, one must evolve and find better ways of dong old thing, he added.

     

  • Turning waste to wealth

    Turning waste to wealth

    The founder, Pearl Recycling, a social enterprise engaged in the recycling of solid waste into sustainable and eco-friendly products, Mrs. Olamide Ayeni-Babajide, has changed the narrative around waste reuse in Nigeria. Apart from proffering sustainable solution to Nigeria’s waste management challenge, the social entrepreneur has transformed Pearl Recycling from a local start-up into a globally acclaimed creative furniture business that is pivotal in solving the problem of unemployment through engagements, vocational trainings and empowerment of unemployed women and youths. DANIEL ESSIET reports.

     

    It’s a business most people would likely shrug off. The business of managing waste is arguably, one of the least attractive in Nigeria. Partly because of some misconceptions and stereotypes around waste and of course, Nigerians’ penchant for white collar jobs, not a few men, much less women, would venture into the business widely acknowledged as one of the biggest environmental challenges in the world.

    But, unknown to many people, managing waste as a business is credited with having immense prospect for bountiful returns on investment. And apart from being lucrative and hugely rewarding for those courageous enough to venture into it, the satisfaction that comes with contributing to the global campaign for more aggressive action on climate change through encouraging the generation of less waste is also immeasurable.

    Interestingly, the founder, Pearl Recycling, a social enterprise engaged in the recycling of solid waste into sustainable and eco-friendly products, Mrs. Olamide Ayeni-Babajide, is one Nigerian environmentalist who appreciates these facts. Accordingly, she has strategically positioned herself and her company to tap into the lucrative waste industry and also contribute to the global battle to save the environment.

    Since 2016, when Olamide established Pearl Recycling, she has never looked back. It took her trip to the United Arab Emirates (UAE) in 2012 for an official engagement to launch what is today a flourishing business in recycling of solid waste.

    While in the UAE, she walked into a furniture store and bought a wall décor in the form of a flower. She brought it back home to Lagos, and upon closer examination, she noticed that the beautiful object was made from waste, precisely the husk of a corn plant. From that moment, Olamide’s creative instinct came alive. She started thinking of what to do with the tons of waste generated in Nigeria.

    Indeed, Africa’s largest and most populous economy is said to generate more than 32 million tons of solid waste annually, out of which only 20 per cent to 30 per cent is collected. The rest is heaped on the streets, some blocking the canals and drainages and constituting environmental and health hazard.

    The social entrepreneur first started a part-time waste recycling business in 2014 before she went fully into the business in 2016 by establishing Pearl Recycling. The company utilises solid waste materials such as tyres, bottles, newspapers, magazines, straws, plastic cutlery, wood, unused CD tapes and even sea-shells, among others, and turns them into objects that have value.

    Some of the objects created from the aforementioned wastes include tables, chairs, home décor and various other things to beautify homes and offices. An excited Olamide said one of the products she is most proud of is the Ottoman Table, which is made from recycled tyres.

    Through its “waste for cash” initiative, Pearl Recycling employs young Nigerians as waste collectors and pays them a percentage fee to gather the waste products. It also partners with people that generate waste such as vulcanisers. It pays the vulcanisers stipend to have the tyres because according to Olumide, the company does not want the tyres to liter the street.

    This means that apart from the beautiful furniture the company produces from up-cycled waste, the business is also helping to create jobs and alleviate poverty.

    Indeed, Olamide has been riding on the platform of her waste recycling business to empower people – particularly the uneducated and vulnerable women and girls – by equipping them with the necessary skills to identify valuable discarded waste. She has also been patronising local artisans to help them build their own businesses.

    The renowned environmentalist and entrepreneur, who holds a Bachelor of Science (B.Sc Hons) in Computer Engineering with more than eight years’ experience working in multinational Information Technology (IT) companies, said she has also trained hundreds of unemployed women with vocational skills on how to turn waste into beautiful products.

    Through its social media platform and website, the company announces opening for unemployed women, vulnerable women, widows, single mothers, jobless individuals and unemployed youths to apply for training. The criterion for selecting people for the training is people without jobs and help.

    The training is not entirely free, but affordable. According to Olamide, the company offers training for the poor and downtrodden at 50 per cent discount. She said the good thing is that those who undergo the training and are serious about it will definitely recoup in one month after starting their businesses.

    She also said: “The raw materials are everywhere which is wastes. So we look at all these things. We see skills acquisition centers everywhere which are quite more expensive than what we charge, and we also understand the fact that something that does not cost much may really not make sense.

    “So, when the training is made free, a beneficiary may decide to forget about it and go back to his or her normal business, but if it costs them something they will appreciate it more.”

    More importantly perhaps, Olamide has taken the training a notch higher by creating a group on Instagram and Facebook to continue engaging with beneficiaries. She also teaches them on how to access international grants. “That is why my training is different from other trainings. I help my trainees get TEF scholarship, a lot of international grants and local grants.

    “I teach them the rudiment of accessing these grants beyond learning skills and I also let them know that they have to also balance their smartness with hard work. You really cannot depend on 100 per cent hard work alone,” she said.

    To help solve the problem of inadequate chairs in public schools, Olamide produced 400 ergonomic classroom chairs from waste and donated same to 20 public schools in Lagos, for instance. The project was sponsored by the US Embassy Abuja.

    She has also trained more than 800 students from public schools on waste management. The idea, according to her, is to train 40 students in each school and have about 85 students joining the recycling club. Pearl Recycling has also created up-cycling hubs across Lagos while starting to look at expansion beyond Nigeria.

    Recognitions, support pour in interestingly, Olamide’s ground-breaking and inspiring work in waste recycling has not gone without accolades and recognitions by foreign governments and local and international organisations.

    For instance, when she first started the business, she got few grants from The Tony Elumelu Foundation (TEF), Africa’s leading philanthropy committed to empowering young African entrepreneurs, as well as Women in Management, Business & Public Service (WIMBIZ), a non-profit organisation working to inspire and empower women. These helped the start-up in getting an office space and scale up its operations.

    The American Government, the Ford Foundation, and the United States Embassy Abuja through the Department of State have also at one point or the other recognized and supported Olamide.

    For instance, in 2017, Olamide was named as Tech Women Emerging Leader by the United States Department of State.

    This gave her the opportunity to intern with Symantec at Silicon Valley, USA. She was also selected as an entrepreneur of repute to attend World Entrepreneur Investment Forum at Bahrain in 2017.

    That same year, she was selected as a LEAP Africa social innovator and won the award of the most outstanding social innovator in 2018.

    That is not all. Olamide was named by the Obama Foundation as an Obama African Leader in 2018 and was selected for the Global Entrepreneurship Summit at The Netherlands in 2019.

    Beyond earning a degree in Computer Engineering, Olamide holds various international certifications in Informational Technology from Commercial & Industrial Security Corporation (CISCO)-Certified Network Associate (CCNA), and Information Systems Audit and Control Association (ISACA) among other certifications.

    The social entrepreneur also holds a certificate of proficiency in Circular Economy and Waste Management from Technische Universität Dresden, Germany.

  • Driving sustainability for women-led businesses

    Driving sustainability for women-led businesses

    The African Women’s Entrepreneurship Program (AWEP) assists women entrepreneurs across sub-Saharan Africa. But, AWEP Nigeria says its Vice President Southwest Zone, Oluyemisi Ogundipe, is focused on improving the quality and standard of women-led export businesses. By providing technical and financial management training, export training and mentorship, as well as building up women’s bankability to enhance access to finance, AWEP Nigeria has prioritised business sustainability for women. AMBROSE NNAJI reports.

     

    Nothing will gladden her heart than to see Nigerian women-led businesses perform optimally and  sustainably. Since joining the African Women’s Entrepreneurship Programme (AWEP) a few years ago, and becoming the Vice President Southwest Zone of AWEP Nigeria, Oluyemisi Ogundipe has never looked back in her resolve to ride on the Programme’s platform to force the emergence of sustainable women businesses particularly those that are export-oriented.

    Sponsored by the United States Department of State, AWEP was launched in July 2010, to assist women entrepreneurs across sub-Saharan Africa participate in international markets and take advantage of the benefits of the African Growth and Opportunity Act (AGOA) and other trade initiatives.

    It is an outreach, education, and engagement initiative designed to train African business women in leadership, promote business growth, forge lasting business networks, and create better business environments.

    Ten years down the line, Oluyemisi has been largely instrumental to riding on the Programme’s platform to better the lot of Nigerian women entrepreneurs, especially those playing in the international export market.

    As Vice President Southwest Zone of AWEP Nigeria, she has been channelling her energy and intellectual resources into making sure that the about 80 women under the zone are empowered with the technical and financial trainings, export trainings and mentorship they need to function optimally.

    For Oluyemisi, the driving force was passion. “My passion is to see that women businesses function at the optimal level given the circumstances around them,” she told The Nation, noting that the Southwest Zone of AWEP Nigeria operates in clusters in the six geo-political zones of the country.

    They are Southwest, Southsouth, Southeast, Northeast, Northwest and Northcentral. “In each zone, we have clusters. We have agric and food processing, body care and health, fashion and apparel, services, and craft. And those are areas of export,” she explained.

    Not one to grope in the dark, with little or no understanding of the dynamics of the export business, Oluyemisi, who is also the Chief executive Officer (CEO) of The Articulate Managers and Yours Truly Ventures, a firm of event planning and hospitality management services, decided to float a new business known as Yours Truly Foods. She said the idea behind starting the business, which is into packaging of local foods for exports, was to see what other women in the export business are going through and design various programmes and initiatives to assist them.

    Although there are many AWEP associations in Africa, Oluyemisi said AWEP Nigeria’s focus is on export. Justifying this focus, the Zoology graduate of Lagos State University (LASU) said: “They (women) have to grow; they have to have quality products, they have to be credible to become export businesses. So, we need to ensure that the quality and standard of products does not drop, which is where mentoring comes in.”

    Oluyemisi, who also bagged a Master’s of Science (M.Sc.) in Global Biodiversity from the University of Hull, England, said a part of what AWEP Nigeria does to guarantee the quality and standard of export products is ensuring that its members are certified to have products that meet the international market specification.

    “We do a lot of partnership with foreign countries so that we can meet up with their own standard,” she said, pointing out that “Over the years, we have had bad reputation in terms of what we export.”

    AWEP Nigeria’s partnership with foreign countries is one leg of the drive to improve the quality and standard of export products. The other is partnership with relevant agencies such as Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), Nigerian-American Chamber of Commerce (NACC), Nigerian Export Promotion Council (NEPC) and National Agency for Food, Drug Administration and Control (NAFDAC).

    According to Oluyemisi, the essence of such partnerships with government agencies was to give women in the export business the correct information as to how they should go about it.

    She also said AWEP Nigeria helps get sponsorship for some of these agencies to help them take some of the products to other countries. “For instance, the NEPC as one of our partners has been very good in identifying women in the export business,” she said.

     

    Building up women’s bankability

     

    For members of the Southwest Zone of AWEP Nigeria, a new dawn beckons, as lack of access to finance that has been a bone in the neck of most businesses may soon be a thing of the past. To make this happen, the zone under Oluyemisi’s charge has prioritised the building up of women’s bankability through aggressive financial management training to ensure good record keeping.

    “A lot of issues have to do with the financial literacy of the business owner, because when they get money from banks, they have to manage it well,” she said, pointing out that although, there are good business women, they are illiterate in terms of having organised books that banks would be able to look at and say this business is viable. “They (banks) have to see a track record. That’s one of the major setbacks for women,” she emphasised.

    Noting, however, that women’s lack of good financial record keeping could be because they don’t have the time as they also have to look after their families, Oluyemisi said one of the things AWEP Nigeria is trying to achieve is to increase the number of bankable women businesses so that they can have access to loans that can help them grow and be sustainable.

    “If you’re not bankable, you can’t even get a loan. So, going forward we want to make sure that more women are bankable,” she said, noting that this has become necessary because people shy away from banks because a lot of Small and Medium Enterprises (SMEs) are in the informal sector.

    Oluyemisi said although a lot of cash is in the informal sector, the risks are too large for the formal sector to take. “A lot of the informal and the growing people are not bankable so, they cannot go to banks to collect even the five-nine per cent loan the government said they are offering. Even though it’s not enough, they are not bankable and they cannot even access the loan,” she said.

    The other aspect of the financial training organised by AWEP Nigeria was aimed at ensuring that women especially those that show promise are suretied so they can get the loan or money they need at a very low interest rate.

    Oluyemisi, however, said the situation is different for start-ups since they need not go into getting loan immediately, but rather get grants. Even getting the grants, she said, requires start-ups to be financially literate to be able to be given the grants.

    In all, what AWEP Nigeria does, Oluyemisi said is give a lot of information to women, organise internal trainings and also encourage external training. While some of the women can afford some of the trainings, which are expensive, she said the majority of them cannot hence “We supplement with our own internal training. We also use businesses within the organisation to help build other businesses at their level or those who have the experience.”

     

    Prioritising collaboration, networking

     

    Oluyemisi stated that one of AWEP Nigeria’s major tenets was to make the Nigerian woman a voice in her community. To make a woman a voice, according to her,  means that she has to be confident in her business; people have to look up to her and see growth.

    She said the only way to do that is to help the woman psychologically and also improve her business orientation and then see to her growth. That way, she too can impact those who are coming behind her. She also can pass on a legacy of growth to the people in her community.

    One of the most important tools AWEP Nigeria uses to achieving the above objective is building collaboration. “The more you collaborate, the further you go, especially for businesses that are too small to do things on their own. So, the best thing to do is to look for other people who are doing the same thing come together and then become a unit for export,” she explained.

    Oluyemisi also said the organisation is focusing on aggregating women businesses to the standard of what’s required in the foreign market because “If we do not value-add and we are not sustainable in quantity, nobody will look at us.”

    Similarly, AWEP Nigeria has been giving Nigerian women entrepreneurs the opportunity to network with people who can partner with them and make them viable for other investors to look at and say they have potential.

    “We want to take networking to the next level so that out of 100 women in this zone we put in 10 for a programme. This may be slow, but it’s very key. Once we get it right, many others will continue to grow. This is to ensure that businesses come up very strong and women are exporting their own products,” she explained.

    The trainings and networking, according her, were necessary to ensure the sustainability of women businesses. As she put it, “Sustainability means that a woman has to stay long. Immediately she exports one, she has to scale up, and scaling up is like expanding because you have to be consistent; you have to stay there. Even if you are exporting to other African countries, you have to sustain it so that you can continue to meet the market.”

    Reiterating that better quality will help women to be sustainable, Oluyemisi said their sustainability will also help their export business and in turn, improve their standard and value addition.

    She noted that Nigeria and exporters have been losing a lot by not adding value to raw materials before export, insisting that the only way out is to improve manufacturing through industrialisation that encourages value addition.

    Oluyemisi while stating that value addition to raw materials will add some margin exporters’ income and create jobs locally, said if the government could focus on building infrastructure and diligently implementing the ease of doing business initiative, things would get better for women exporters.

    “We know it may not be immediate, but we will see the effect bit by bit; we will get there,” she asserted, adding that beyond issues around ease of doing business and inadequate infrastructure such as roads and epileptic electricity supply, exporter are still grappling with the inefficiencies of officers of the Nigeria Customs Service (NCS)

    “Sometimes, you get a container of goods you want to go out, but it stays at the port for a whole month, sometimes two or three months. Agro-allied export bound products get rotten before they leave the port. It means you are losing money; you’re indebted to the banks, and that is part of the reason why businesses can’t grow,” Oluyemisi lamented.

     

    ‘AGOA marred by shoddy implementation’

    The AWEP Nigeria zonal vice president also lamented that AGOA has not been successful because the implementation has not been as good as it should be. “It has been wishy-washy and irregular so, we can’t say we have a lot of people who have actually exported by AGOA,” she told The Nation, blaming the shoddy implementation partly on the documentation, which she describes as “Extremely tedious.”

    AGOA is the cornerstone of US trade and investment policy in Africa. The programme, which was signed into law by the US Congress in 2000, is a preferential trade agreement between the US and some eligible sub-Saharan African countries, including Nigeria, that allows the exportation of certain products into the US market tariff and quota-free.

    The free-duty export programme essentially seeks to increase market access to Nigeria and 38 other eligible Sub-Saharan African countries to export about 7, 000 product lines to the US market. Its ultimate aim was to give Nigeria and other qualified African countries opportunity to build capacity in the global markets and also create jobs.

    Although the Act initially covered eight years (October 2000 to September 2008), amendments signed by former US President George Bush in July 2004 extended it to September 30, 2015. The US Congress later extended it for additional 10 years, which means that it now expires on September 30, 2025.

    But, Oluyemisi said AGOA has been unsuccessful in the non-oil commodities sector because of poor implementation. While pointing out that the documentation process for AGOA is extremely difficult, she said, for instance, that getting the president to sign is a difficult task. She, however, said AWEP Nigeria was working with the chamber of commerce and government agencies to improve on the implementation of AGOA.

    It is easy to see why she wants all the knotty issues around AGOA ironed out. Recall, for instance, that AWEP, from inception, seeks to bring together business women from AGOA – eligible countries to the US for trade and advocacy related training and to attend the AGOA forum.

     

  • Women entrepreneurship: Push for gender lens investing

    Women entrepreneurship: Push for gender lens investing

    The burden of COVID-19 pandemic weighs disproportionately on women. It has reduced their economic independence and added to their workload, resulting in long-term socio-economic consequences. But, at the virtual edition of the Third Impact Investors Foundation (IIF) Annual Convening on Impact Investing, themed “COVID-19 and gender lens investing in Nigeria”, experts brainstormed on how gender lens investing could help address systemic vulnerabilities and inequalities affecting women and their businesses. DANIEL ESSIET reports.

    The burden of COVID-19 pandemic weighs disproportionately on women. It has reduced their economic independence and added to their workload, resulting in long-term socio-economic consequences. But, at the virtual edition of the Third Impact Investors Foundation (IIF) Annual Convening on Impact Investing, themed “COVID-19 and gender lens investing in Nigeria”, experts brainstormed on how gender lens investing could help address systemic vulnerabilities and inequalities affecting women and their businesses. DANIEL ESSIET reports.

    As a woman and Projects Lead for Impact Investors Foundation (IIF), a non-profit organisation that promotes the growth of impact investing in Nigeria, Ms. Maria Glover understands when businesses in Nigeria, particularly women-led businesses, are hurting. She also knows what hurts them and, of course, the best response approach to providing them long-term succour.

    So, when Ms. Glover, last week, said the COVID-19 pandemic had affected women entrepreneurs, and stressed the need to address systemic vulnerabilities and inequalities affecting women, which have been amplified by the global pandemic, she sure spoke the minds of women entrepreneurs in Nigeria.

    The occasion was the virtual Third Impact Investors Foundation (IIF) Annual Convening on Impact Investing, themed “COVID-19 and gender lens investing in Nigeria”, where Ms. Glover said the pandemic affected women in two ways. She said the pandemic reduced their economic independence and added to their workload, giving rise to long-term socioeconomic consequences.

    The IIF Projects Lead, therefore, threw her weight behind the growing push for gender lens investing as a viable and long-term recovery response approach to bringing succour to women and galvanising their businesses. She also made a case for governments and multilateral organisations to provide targeted capacity-building initiatives for women.

    Gender lens investing is one of the most-rapidly growing segments of sustainable investing. Specifically, Gender lens investing is an investment approach that seeks to integrate gender-based factors into investment decisions with goals ranging from enhancing risk-adjusted returns to driving gender equality.

    It is the practice of investing for financial return while also considering the benefits to women, both through improving economic opportunities and social well-being for girls and women. It includes funding women-owned businesses, businesses with a strong track record of employing women, or companies that improve the lives of women and girls with their products and services.

    Proponents of gender lens investing argue that firms with a higher-than-average proportion of women in executive roles tend to perform well, possibly because of an increased diversity of viewpoints, or because not discriminating against women allows companies to hire the best available talent.

    The belief is that the COVID-19 pandemic has worsened the existing inequalities and obstacles to women’s empowerment and entrepreneurship, and further endangered progress on a host of international development frameworks such as the United Nations Sustainable Development Goals (SDGs).

    It was against this backdrop that an expert panel drawn by the IIF’s virtual ‘Annual Convening on Impact Investing’ agreed that applying a gender lens approach to investment can both accelerate gender equality and provide significant returns on investment.

    The speakers included the Executive Secretary, Nigerian Investment Promotion Council (NIPC), Yewande Sadiku; Chief Executive, Intellecap, Vikas Bali; Principal, Cross Boundary, Nigeria,Nneka Chime; Partner, Dalberg Advisors,Nigeria, Nneka Eze and Gender and Impact  Expert, Adrianne Martin Rodriguez.

    Others were Co-founder, Rising Tide Africa, Yemi Keri; Social Impact and Environmental, Social and Governance (ESG) Manager, Alitheia Capital, Temilade Denton; Managing Partner SME.NG; Director, Value Creation Strategies, CDC Group, Jen Braswell and  Jesse Baver , Dalberg Advisors, London.

    At the online meeting, which was attended by The Nation, IIF Chairman Mr. Afolabi Oladele aligned with Ms. Glover. He noted that the burden of COVID-19 had fallen disproportionately on women, calling for gender-responsive approaches such as gender lens investing as a longer-term recovery response.

    Oladele said many of the COVID-19 frontline jobs such as healthcare occupations employed mostly women, noting that it was important to address systemic issues in this regard.

    For Nneka Eze of Dalberg  Advisors, capital providers needed to examine their lending practices to ensure that women entrepreneurs are targeted or that women are well-represented in the businesses the capital providers support.

    Stating that gender lens investing seeks companies that not only embrace gender female representation, but also offer products and services aimed at improving the lives of women, she said investment portfolios needed to be broadly diversified and represented with gender-focused funds.

    NIPC Executive Secretary Sadiku said there was need for women focused investments to bolster growth and prosperity. She said attracting gender lens investment will play a vital role in driving Nigeria’s economic diversity that is needed for the country’s economic sustainability.

    Denton could not agree less. Specifically, he said gender lens investing is a crucial tool for achieving the United Nations (UN) Sustainable Development Goals (SDGs). Denton pointed out, for instance, that SDG 5, which focuses on gender equality, is gravely underfunded in comparison to the other goals.

    However, for these to happen, the founding Partner and Managing Director, Aruwa Capital Management, Adesuwa Okunbo Rhodes, said there is a financing gap that needed to be closed, noting, however, that the firm has been investing in Nigerian and Ghanaian firms.

    Aruwa Capital Management is a private equity fund focused on meeting the unmet demand for equity investments in Small and Medium enterprises (SMEs) in West Africa. Rhodes, however, said the Fund only invests in firms that either provide employment opportunities to women or make products that empower women.

    Incidentally, the Fund’s first investment, Wemy Industries Limited, happened to tick both boxes, with Rhodes pointing out that if female-led funds have access to more capital, they will allocate more of it to women.

    According to her, this’ll guarantee better return to the fund and also increase the ability of that fund manager to attract more capital, thereby continuing the cycle. “It is my point of view that until we change the balance in terms of the capital allocators, I don’t think much is going to change,” Rhodes said.

    Baver said there are funds supporting women-led enterprises. He said, for instance, that Aceli Africa has increased lending to underserved agricultural SMEs, thereby improving livelihoods for farmers and workers, creating opportunities for women and youths, strengthening food security and nutrition, and promoting sustainable environmental practices.

    Aceli Africa is a market incentive facility that unlocks capital for agricultural SMEs in sub-Saharan Africa. Through its work, its hopes to address the region’s $65 billion yearly financing gap for agricultural SMEs. And Baver said Aceli Africa has been working with a range of capital providers to build an inclusive and resilient financial market.

    However, Aceli Africa is not alone in supporting the growth of agricultural SMEs in West Africa. Ténemba Anna Samaké of Mobile Business Clinic (MBC) Africa also said the organisation was conceived to address the technical and managerial constraints affecting the growth of agricultural SMEs in the sub-region.

    She said MBC Africa’s mission as to assist African entrepreneurs and small businesses build competitive ventures by providing training, tested solutions and support services, especially access to market.

    Samaké also said MBC Africa has done a lot to empower small businesses in the agribusiness segment and later expanded to other forms of training within the agricultural sector. She added that the organisation has also developed skills in technical assistance delivery among promising women businesses and in business development and SME financing.

    ADVERTISEMENT

    Bali stated that analysing gender patterns and gender biases will allow women-led businesses identify undervalued opportunities, resulting in better investment and portfolio management decisions and improved returns for investors.

    He also the SDGs encourage partners in the private sector, particularly those in Financial Technology (fintech) to actively reach out to women, foster financial inclusion, and yield better financial investment for women.

    On her part, the Managing Partner SME.NG, Thelma Ekiyor, urged business owners and other stakeholders to emphasise the impact investment, and supporting women as part of the COVID-19 pandemic recovery process. This, she said, would fast-track growth and development.

    Thelma, while highlighting the opportunities of impact investing in Africa and the need for investors to operate with high standards, stated that SMEs should be viable stakeholders in the capital market, as this would go a long way to boost their performance.

    The gender lens investing approach, as well as other options proffered by experts at the IIF online meeting to help women navigate the COID-19 crisis have become necessary in view of Keri’s observation that women have more responsibilities and other lifestyle issues that affect their business decisions.

    She, however, said Rising Tide Africa (RTA), which engages in educating and training women to become sophisticated angel investors, has been investing in male and female-led firms.

    RTA, through its programme, offers women the opportunity to build a diversified portfolio of investments and receive mentoring from women who are experienced angel investors.

     

  • From selling Moi-Moi to manufacturing: Aisha’s story of tenacity

    From selling Moi-Moi to manufacturing: Aisha’s story of tenacity

    The founder/CEO of Ample Foods, Mrs. Aisha Ime-James, has carved a niche for herself in the business of blending herbs and spices to meet individual dietary and health needs. From hawking Moi-Moi on the streets of Lagos, the marketing and media practitioner with over 20 years practice has transformed into a processor/manufacturer. She has leveraged online presence and logistics firms to reach her growing clientele with quality lifestyle healthy foods. The budding entrepreneur’s inspiring rise to fame and fortune is a study in doggedness and creativity. Assistant Editor CHIKODI OKEREOCHA reports.

    One of her life’s principles is to keep evolving. And by sticking religiously to this time-tasted principle, Mrs. Aisha Ime-James has evolved from just selling bean pudding, more popularly called Moi-Moi, from canopies on the streets of Adeniyi Jones, Ikeja, Lagos, to being the founder/CEO of Ample Foods, a preferred hub for the procurement of locally-grown, rich and quality staple foods.

    Ample Foods, which specialises in blending herbs and spices to meet individual dietary and health needs, has four of its products registered by the National Agency for Food, Drug Administration and Control (NAFDAC). They are Eggshell powder (a natural calcium alternative), Activated charcoal (used to combat food poisoning), Tigernuts mix (also known as Kunu Aya), and Cayenne mix spice.

    Other products on the stable of Ample Foods include Tumericplus (a spice combination of cinnamon, turmeric, ginger & black pepper), Tamarind seed powder (caffeine free coffee), Tamarind fruit & seed powder, Dates powder, Baobab fruit powder, Kuka  4 in 1 pack soup (contains spices, catfish and crayfish powder; all individually packed), and  Baobab milk drink, among others.

    But, it is not so much the company’s products, which have become the toast of customers in search of natural, nutritious and quality staple foods that meet their individual dietary and health needs that stand Ample Foods out. Rather, it is the rich and inspiring story of how a mere catering services outfit focussed on selling Moi-Moi on the streets evolved into a start-up food value-chain.

    It all started few years ago when Aisha, in line with her principle of constantly evolving, decided to introduce variants of the Moi-Moi she was selling to her numerous customers. Unlike the regular Moi-Moi, she came up with Moi-Moi that had low salt, low oil, and low pepper, for instance. She also took the innovation a notch higher, infusing herbs and spices into the Moi-Moi she sold to her customers.

    “I spiced the Moi-Moi with turmeric and herbs that will help break down metabolism,” the start-up strategist, entrepreneurship coach and mentor told The Nation, noting, however, that she had always loved food, herbs and spices. “I have always loved Moi-Moi business. I could eat a bowl of Moi-Moi. I could eat 10 raps at a go. In fact, my sisters and I are into herbs and spices as hobby,” Aisha said.

    According to her, she was selling the spices and herbs at the corners where she initially had her store and people were ordering and she was supplying. “So, I decided to infuse the hobby into the business,” she said, pointing out: “One thing about life is that you don’t stop, just keep evolving and moving. You will be shocked where it will take you.”

    For Aisha, who holds an Ordinary National Diploma (OND), a Higher National Diploma (HND) in Marketing from Federal Polytechnic Bida; a Post-graduate Diploma (PGD) in Management from the University of Calabar; and a Professional Diploma in Marketing from National Institute of Marketing of Nigeria, it was a case of turning her love for food, spices and herbs into a money-making business venture.

    Her natural inclination to evolve must have been why the consummate marketing and media practitioner, with over 20 years’ practice in print, electronic and New Media, branding, advertising and marketing, has been able to transform into one of Nigeria’s most sought-after processors/manufacturers, with Ample Foods’ range of lifestyle healthy food products dominating the market.

    Before starting Ample Foods in 2015, Aisha had to stop the business she was doing as a media marketing integration and event service provider. She got fed up after clients started giving different excuses for not paying for services rendered.

    “I had a bad experience of people owing and not wanting to pay, giving excuses when you have delivered. I do event creation; I am a creative director. I can create events; conceptualise events and source for them. But, when you do that for people and they just find one excuse or the other not to pay your fee at the end of the day, which was a bit discouraging after working in the media and now trying to start mine,” she narrated.

    However, her bad experience only served to turn Aisha into a study in doggedness and resourcefulness. The former On-Air Personality (OAP) with Voice of Nigeria (VON) and former head of Marketing at Superscreen Television wasted no time in floating Ample Foods, first as a catering business, and also opened a shop for it.

    But, unfortunately, the shop failed. Her words: “I realised that people are too busy to enter stores. So, at the end of the day, I reasoned to myself that what is the essence of paying shop rent and huge bills if people don’t come in. I had to stop the business and thought of what to do next. I went ahead and started my passion, which is food.

    “My sister and I had always nurtured the idea of having a Moi-Moi corner where people, working class mothers and people generally can get healthy Moi-Moi.”

    But this time, Aisha had to do away with the idea of keeping a shop. “I shut the store, went to the streets of Adeniyi Jones, looked for two points, set up canopies and started selling Moi-Moi,” she explained.

    The Trainer and Publicity Secretary of Nigeria Employers’ Consultative Association (NECA’s) Network of Entrepreneurial Women (NNEW) ran the business from canopies before she finally stopped selling Moi-Moi on the streets. By then, creativity, innovation and, of course, her natural knack to keep evolving and moving had set in. She started taking orders from customers from far and wide.

    It was also at this point that Aisha introduced variants of Moi-Moi and also infused spices and herbs in her offering. She said some years back, she and her sister had planned to go to the Nigerian Agency for Natural Medicine to study more on herbs, but kept procrastinating.

    “But, somehow, God has a way of ordering once step. I kept at my food, my spices, my catering, but I discovered I am more passionate when it comes to the herbal part of it than the catering part of it,” she recalled.

    Eventually, she decided to follow her passion and the step God ordered for her. I stopped the Moi-Moi business. I was no longer getting the excitement I thought I would get. More so, because it was on street corner and it became a bit challenging using a street corner,” she told The Nation. Besides, foreigners who own the place she was using left Nigeria so she had to move.

     

    Turning to online presence, logistics firms

    With Aisha’s marketing background, pushing Ample Foods’ products into the market has almost been a walk in the pack. Although she no longer has a physical store, the Naturopath and recycler of biodegradable agricultural waste into edibles took advantage of on-line presence such as Facebook and WhatsApp, as well as logistics firms to reach her customers.

    Aisha doesn’t have a factory either. Her only physical presence is her operational base in Technology Incubator Centre (TIC) on Oba Ogunji Road, Pen Cinema, Agege, Lagos. Instead of running a factory, she uses existing factories where she books time and go to do her production, package and take her finished products home and deliver to customers.

    “I don’t have a factory, I don’t have equipment. I do outsourcing. I outsource what I can outsource; you don’t kill yourself wanting to do everything. That’s why we don’t grow in this country. Let people specialise in different areas,” she said, noting: “Most factories are idle; it’s just like a fad. People want to own their own factories, but they are under-utilised.”

    Justifying this model further, the frontline industrialist said: “We all can’t be opening up factories everywhere. It doesn’t make economic sense. It doesn’t make environmental sense because the pollution rate will be high. We have to be conscious of our environment.” According to her, she even started selling off some of the equipment she bought, which she never used.

    Another innovative strategy is her use of logistics firms. “They (logistics companies) do all the movements for me, the leg work,” she said, noting that this was why she was still producing, moving and selling during the COVID-19 lockdown. “I didn’t even feel the impact of the COVID-19,” she confessed.

    Narrating why the use of logistics firms became imperative, Aisha said when she started the Moi-Moi business about six years ago, it was challenging because she had to deliver as far as Ajah. “We didn’t have all these logistics companies like we have today. I use to call my son and his friends and the neighbuorhood boys, give them money to enter bus and do deliveries for me,” she said.

    But, at a point, it became problematic because she had hundreds of raps of Moi-Moi to send to different places like the airport, Ikoyi, Lekki and Ajah. “I was having hypertension because sometimes the boys will not come back sometimes until 10 pm. I remember a client was very angry that her delivery came at 8’oclock; she ranted that she wasn’t going to collect it,” she recalled.

    However, Aisha refused to be discouraged. She ceased the opportunity of the now ubiquitous logistics firms. “The moment that thing (logistics companies) started, I latched on it and it has skyrocketed my performance. I use them more. I do less moving about and save more time,” she said in a triumphant tone.

    Apart from leveraging technology and logistics firms to support her business, Aisha also said: “God has also networked me with good people. They just take the burden off me. I just give them rundown of what I want to do and that’s it.”

    As part of networking, Aisha started forming communities and training people on how to choose the right food and avoid eating canned and over-processed food. She also reached out to elderly people, going to their meetings and donating food items. She also turned to the use of exhibitions.

    “At exhibitions, I engage people as they come. I make them try my products out. I get more contacts, give them my number and they reach out to me, order and we deliver. Many of the people I meet call me back even if they don’t buy products at the exhibition,” Aisha told The Nation, from the venue of this year’s Lagos International Trade Fair, where she had an exhibition.

    To significantly reduce overhead cost and free her business of idle time, Aisha said she engages people only when she needs them.

    Bracing the odds

    Like any other budding entrepreneur in Nigeria, Aisha had her fair share of challenges when she started out. “When I was registering my Activated Charcoal and Egg shell calcium, the Technology Incubation Centre (TIC) was the midwife that helped us, but they didn’t have a lot of understanding of what they were doing then, she said, for instance.

    She said although the Centre has gotten better now, its initial lack of understanding of its mandate was responsible for the delay in registering her products with NAFDAC despite spending so much money. According to her, the Centre failed to properly educate her that her products are herbal and should first go through the Lagos State Traditional Medicine Board under Lagos State Ministry of Health.

    “They (TIC) should have educated me, but I wasted that money. Under NAFDAC, you have regulated products, but they are in different classes; there is food, herbal and cosmetics.

    “So, some of my products that I paid for under NAFDAC shouldn’t have been paid for under food or classified under food. They should have gone under herbal, and nobody told me. That’s a challenge,” she fumed.

    She, however, said she has done the needful by getting licensed by the Lagos Traditional Medicine Board under Lagos State Ministry of Health, after wasting time and resources at NAFDAC for almost three years, going up and down.

    Aisha also lamented the secrecy around divulging useful information that could help aspiring entrepreneurs. “Most Nigerians don’t share knowledge. Most people hoard information as if they tell you they will not sell. It won’t stop them from selling. It’s so sad because they make others go through the same rigours they went through,” she said.

    According to her, there is no need reinventing the wheel. Those that came before should nurture others to get it right. “People are so secretive as if you are taking away their business when they tell you,” she stated, noting that that’s one challenge she identified that made her start a Boot Camp where she gives information free to people and also mentor them.

    Aisha also said apart from the normal infrastructure challenge, Aisha said there should be factories that people can walk in and use without necessarily setting up their factories, a sort of common-user facility or central hub similar to what the Lagos State Government started for fashion designers.

    “We don’t have enough hubs or incubation centres. The one in Agege where I am registered under is so small and there is no open unit for start-ups. All the units have been taken by people many years ago and they are still there; they are not moving out for start-ups to come in. We don’t have enough units. It’s really sad,” she said.

    Despite the challenges, Aisha has continued to charge on, balancing her professional life with an equal amount of commitment to her family and loved ones.

     

  • Ecobank’s Ellevate empowers women businesses

    Ecobank’s Ellevate empowers women businesses

    By Chikodi Okereocha

     

    Pan-African banking group Ecobank Group has launched Ellevate, a programme for women-owned and women-focused businesses across 33 markets. The programme was designed to help women reach their full potential by empowering, growing and supporting them with customised financial and value-added solutions.

    Launching  Ellevate at a webinar last week, Ecobank Group Executive, Commercial Banking, Josephine Anan-Ankomah, said: “In developing Ellevate, we made time to understand the needs of women, what they really require from their bankers, and came up with practical solutions that will help bridge the identified gaps.”

    She explained that Ellevate is an end-to-end comprehensive product suite that supports women-owned and women-focused businesses with differentiated business solutions that will unleash their potential.

    “Ellevate by Ecobank is designed for businesses owned by women, managed by women, businesses with a high percentage of female board members or employees and companies that manufacture products for women.

    “These businesses will benefit from smarter cash management solutions, favourable lending rates and value-added services such as leadership training and networking opportunities.

    “All these will ensure that their businesses can scale and remain sustainable. We intend to allocate 10 per cent of our commercial banking loan portfolio to help bridge the financing gap,” Anan-Ankomah added.

    Women constitute roughly half of the population in Africa. Small and Medium Enterprises (SMEs) account for up to 90 per cent of all businesses in Africa and women own about a third of all registered African SMEs.

    Also, one in four of the adult female population in Africa starts or manages a business, making the African Continent one of the highest in terms of women entrepreneurs across the world.

    Ecobank said women-led economy represents a largely untapped market, and that its commitment to positively contribute to the economic development and financial integration of the continent will be further strengthened by its investment in women.

    The bank, however, noted that a healthy collaboration between government and private sector is critical for the creation of a conducive environment in which women can thrive and succeed.

    Speaking during the webinar, the Minister of Grassroots Development, Youth and Youth Employment, Republic of Togo, Mrs. Myriam Dossou-D’ Almeida, stated: “The government recognises the contribution women are making to the socio-economic development of Africa. We believe women are the catalyst for change and prosperity.

    “The Government of Togo continues to develop and implement policies and programmes that will promote the economic empowerment of women of all ages and social status. Togolese women have always played a critical role in the economy.

    “We are pleased to see that the Ecobank Group, through the Ellevate programme, offers to women an opportunity to take their rightful place in the economic development of our country and indeed, across the continent.

    “We will work with the private sector to tap into this great potential of African women and create inclusive business opportunities.”

    On her part, the Founder, Graça Machel Trust and, Foundation for  Community Development, Graça Machel, said: “The empowerment of women is not only a developmental issue, but very much an economic issue.

    “Financial institutions that recognise the changes that are happening globally and are taking steps to ensure that they are participating in this emerging market will more fully reap the economic benefit of their investment.”

  • Carving a niche in  hair wigs  business

    Carving a niche in hair wigs business

    The Chief Executive, Tecia Hair Nigeria, a wig making business, Chika Anastecia, has taken the dry hair industry, which includes weaves, extensions and wigs, by storm. The 2013 Accounting graduate of Nnamdi Azikwe University, Awka, Anambra State, has seized the opportunity created by the rising interest for hair care products among ladies to target fashion-conscious high network women with her innovative products. DANIEL ESSIET reports

     

    The global hair wigs and extension market is estimated to reach revenues of over $10 billion by 2023, according to  United States market research  firm Report Linker. Its report, which was accessed by The Nation, said the growing demand for high-end human-hair extensions and ultra-high-quality synthetic wigs is creating new opportunities for young entrepreneurs.This is as   increase in per capita income and spending power among high profile ladies is boosting revenues in the market.

    One budding Nigerian woman entrepreneur that seems to have positioned herself to tap into this huge market for hair wigs and extension is the Chief Executive, Tecia Hair Nigeria, Chika Anastecia. Her Lagos-based hair wigs and extension business is already the toast of fashion-conscious and upwardly mobile ladies. The 2013 Accounting graduate of Nnamdi Azikwe University, Awka, Anambra State, has since ceased the opportunity created by the growing demand for hair care products particularly hair wigs and extension to launch a flourishing business.

    For the bourgeoning entrepreneur, venturing into the business was borne out of her love for fashion and of course, her desire for financial independence. While Chika, as a woman, loves beauty and fashion, her crave for entrepreneurship also compelled her to establish her wig-making business where she is now filling the gap in the market for affordable, fashionable human hair wigs and extension. On the other hand, she said she decided to float the business following regular delays in payment of her salaries by her former employer.

    Chika believes she made the right decision to resign her job and go into wig-making business full-time. Her ever-growing clientele base confirms this much. Depending on the look one desires, she prepares hair wigs that have seen ladies whose appearance had gone from nondescript to stunning, thanks to new hairstyles. She sells her hair wigs and extensions through various online channels and retail distribution outlets.  And there is a variety of patterns, which vary from straight to tightly coiled.

    Although, the hair wigs and extension market is witnessing intense competition from various players trying to offer diverse products, what is keeping Chika ahead of the competition is her  drive for  product innovation to  attract new consumers and retain existing ones while also gaining a larger market share. Although, she encourages new entrants to come into the business, which offers many opportunities, she said the key success factor is for an entrepreneur to identify his or her niche.

    Indeed, innovation is at the core of Chika’s success in the business. She is constantly innovating her hair wigs to match prevailing fashion trends. She also monitors new trends showcased by celebrities on various social media platforms. According to her, creativity and keen eye for latest trends in hair design are key for success.

    But as promising as the business is, Chika said there’re formidable challenges particularly poor infrastructure such as epileptic electricity supply. “Since I make wigs with machines, power failure is one of the challenges. I wish the government will bring down the price of petrol and also give us adequate power supply,” she told The Nation, for instance.

    Also, balancing work with family is tough. This is so because Chika is also a wig-making tutor, training graduates and undergraduates how to make wigs from scratch. She  sees being in business as more than a means to make a living, but also as a way to share experience and knowledge by teaching and empowering other women to go into their own businesses.

    However, running her business and empowering other women via training while also keeping the home front running hasn’t been easy for Chika, a mother blessed with four kids. “It’s not easy taking care of the children and managing the home,” she said. She, however, said because of her supportive husband, she manages to joggle work and family.

    Chika said her target is to reach the global market with her range of high-quality wigs. And in doing so, she is taking advantage of the growing trend among consumers to imitate celebrity hairstyles, as well as the rise in income levels has pushed people to increase spend on personal grooming and beauty products.

  • Bridging  digital skills gap

    Bridging digital skills gap

    Learntor, a Nigerian digital consultancy company focused on agile digital transformation, data analytics, and digital marketing, is leading the campaign to digitally up-skill Nigerians, particularly women, with anticipation of scaling across Africa. With over 2,000 already trained in digital marketing, its founder, Mercy George-Igbafe, has set an audacious target to train at least 5, 000 women next year. The digital     strategist is on a journey to equip women and organisations with the necessary digital skills to achieve competitive global edge. CHIKODI OKEREOCHA and KELVIN OSA-OKUNBO report.

     

    By her admission, she works 18 hours a day, sometimes late at night, because of the different time zones between her and her partners in New York, United Kingdom (UK) and other major cities across the globe. Understandably, this makes it difficult to hold down the Founder/CEO of Learntor, a Nigerian digital consultancy company focused on agile digital transformation, data analytics and digital marketing, to share her experience in digitally up-skilling Nigerian women through training and mentoring.

    Therefore, when the Akwa-Ibom State-borne Data Enthusiast and professional digital marketing consultant with years of experience in Project Management and Business Analysis took time off her busy work schedule to visit the Lagos Corporate Headquarters of Vintage Press Limited, publishers of The Nation newspaper, on Monday, December 7, 2020, the interview session was quite illuminating. “Nigeria is a goldmine. The Chinese see, the Indians see, but Nigerians can’t see,” she began, adding, however, that “It’s not because Nigerians lack the intellectual capability, but our people are not learning right.”

    Mercy, who was formerly a banker with EcoBank for seven years before veering into the Information Technology (IT) space, said, for instance, that most of the jobs that are supposed to be handled by Nigerians go to Indians because they have skills for the jobs. Same for the Chinese, who, according to her, start training their children in the digital space from the age of four. “Chinese children start coding from age four,” she said, asking, “How many Nigerian children are learning coding? How many graduates are unemployed today? They are out of school, but they are unemployable because they are not learning the right things.”

    To drive home her point that Nigerians are not learning right, Mercy told The Nation, for instance, that in the peak of the COVID-19 crisis around March, she made a check on Google Insights, which revealed that Nigeria was number one on social media ranking for usage. She, however, lamented that ironically, “We are watching entertainment, not learning.” She said the huge data Nigerians use to watch entertainment on various social media such as Instagram could be used to learn various digital skills and change the game.

    “So, our mindset is a major blocker, Mercy emphasised, adding, “We think the government is our problem. No, it is not. We, Nigerians, are our own major problem. The system has been created for us to fail, and we have accepted the failure ourselves and seem to have decided not to make a difference.” She, however, said depressing as it is, Learntor has changed the narrative by proving that the right learning, exposure, and knowledge is the game-changer, ensuring that jobs from the US, for instance, come to Nigeria.

    Learntor (coined from the words ‘learn’ and ‘mentor’) was officially registered on May 15, 2019. It is a digital consultancy company focused on offering B2B & B2C ((Business to Business & Business to Consumer) services, training in agile digital transformation, data analytics, digital marketing and capacity-development. It also offers hands-on practical learning, one-on-one mentoring with the goal to bridge the digital skills gap for Nigerians with plans to scale across Africa.

    Less than a year into its operations, Learntor has prioritised human capacity building with a single-minded focus to bridge the digital skills gap in Nigeria and Africa. According to Mercy, the company’s goal is to drive and digitally up-skill women without alienating men. “The focus for me is to digitally up-skill women, and I’ve given myself an audacious target of empowering at least 5, 000 women with digital skills by next year, and I think we are matching close,” she declared, noting that over 2,000 people have so far been trained for free, with 75 per cent of them women.

    The Learntor boss explained that the company started its training in digital marketing, beginning from the basic one, which is Instagram. She said although, many people make a lot of money on Instagram daily, there is need to bring women up to speed with the strategies they need to maximise the opportunities therein. “I have helped all the women that have come through Learntor, which is over 75 per cent, to make money on Instagram,” she said.

    Mercy said when she registered Learntor, it was focused on digital marketing and helping women bridge the digital gap. She, however, said the outbreak of the COVID-19 pandemic has helped the company to scale in an astronomical way. The certified Scrum Master said from data she gathered from research, she discovered that there is a knowledge gap that needed to be bridged. And based on the data, Learntor expanded its focus from digital marketing to Agile digital transformation.

    According to IT experts, Agile digital adoption encourages cost-effective and smarter management of people and resources in an organisation. It also increases customer satisfaction and experience. The result of Learntor’s decision to play in the Agile space was no less outstanding. For instance, one of the Nigerian women who participated in its first training on Agile is currently on the Board of Trustee of a UK company. “That is the wealth that I have created for women,” Mercy said, noting that the rest of the women are volunteering as Scrum Masters and interns.

    “If they (the women) succeed in the next five months, I project them getting a job with international organisations and be earning hundreds of thousands of dollars,” she said, adding, “For those that I have trained, they have been able to record huge return on investment, up to 45 per cent.” She also noted that one of the founders and Trustee of Women in Management, Business and Public Service (WIMBIZ), Mrs. Adeola Azeez, attended her class for two weeks and was amazed at the impact Learntor has created on the training..

    For the Digital Strategist, Agile digital transformation is the way to go if businesses and organisations must scale. According to her, the Agile framework covers a lot of frameworks which allow businesses evolve and scale. “There is Kanban, there is Scrum; there is all sort of framework that is sitting on Agile because that’s what organisations do,” she said, pointing out, for instance, that ride-hailing mobile app Uber does not have a vehicle on the street, but has been digitally transformed using these frameworks to scale.

    She also said Swedish audio streaming and media services provider Spotify does not have a single music, but they are housing a lot of music because they have used agile digital transformation process to evolve their business.

    She also said since the advent of COVID-19, Google, Facebook and Amazon, among others, all have their work done remotely, with nobody in their offices. “This is possible because of the Agile transformation they operate, and they have people that are skilled in these jobs, Scrum Masters that understand the Kanban and Scrum framework,” Mercy pointed out.

    Kanban is a popular method for organising and managing work flows and processes. The Kanban University, based in Seattle, USA, offers certified Kanban courses delivered through a global network of Accredited Kanban Trainers.  Scrum, on the other hand, is the most widely used and popular agile framework.

    Though it has its roots in software development, today Scrum refers to a lightweight framework that is used in every industry and business, helping them to innovate faster, move from idea to delivery more quickly, drive higher customer satisfaction, and increase employee morale. Scrum is simple to understand, but difficult to master.

    Mercy, who is a Professional Scrum Master (PSM I) and Certified Scrum Master (CSM, said, for instance, that an average certification by Scrum.org, which does the certification, cost about $2,500, depending on who is doing the training and to which organisation but the assessment can be taken directly on the website for $150. She, however, said because of her collaboration with Scrum.org, “They (Scrum.org) gave me the certification for next to nothing, making the entry for Africans easier.”

    According to the IT guru, the average salary of a Scrum Master, at entry level, is $135, 000. She, however, expressed regrets that the money has been going to India and China because they have learnt the skills and understand what needs to work within an organisation. She said this is why she is glad that she has recorded 26 people as graduates on Scrum Alliance or Scrum.org, which are arguably, the most sought-after international certifications in the world today.

    Mercy said a quarter of the amount Nigerians spend acquiring BSc, Masters in Business Administration (MBA) and other certifications, including learning Google Marketing Garage could have been spent learning the Agile framework. “We learn BSc, we are MBA certified, we are very big on certification, but the real question is whether the certification is helping you add value and give you competitive global edge. That is the disconnect,” she averred.

    Continuing, she asked, “Why do you think Nigerian graduates go overseas with their MBA and end up as security guards?” She said this was why she chose to concentrate heavily on the Agile digital transformation training.

    Luck came her way when she met one Mr. Martin Hinshelwood, a professional Scrum trainer by the Scrum.org, who introduced her to the organisation.

    “When I showed them (Scrum.org) the data that we have gathered in the course of COVID-19, and the training, and the impact that we have created and the gaps that we have been able to identify, they said they will work with me. When the training started, we had 19 students and 80 per cent of them were women. They went on three months Agile digital transformation training,” she explained.

    She said the trainees learnt about General Data Protection Regulation (GDPR), data protection privacy, data analytics and hardware. They also learnt about Agile Scrum, project management office and business analysis. While Scrum.org gave Learntor two of its trainers, the Microsoft trainer focued on data analytics as Microsoft Most Valuable  Professional Ayodeji Folarin and Harry Boje who also currently sits as Board Member (Secretary) – European Association of Data Protection Professionals.

    After producing 90 per cent Agilists and helping as much as 80 per cent of women international certifications with Scrum.org and Scrum Alliance, Mercy’s joy knows no bound. “This is how we have been able to add value to women and impact the world,” she said, adding that Learntor is currently in conversation with an international organisation that will take it’s team for internship placement so that they learn and practicalise the skills that will make them employable.

    As part of her campaign to bridge the digital skills gap, she is also hoping to collaborate with schools across the country to help expose students to digital skills. “Right now, I am the Nigerian Ambassador for ‘Agile 20 Reflect Festival’, which will hold in the UK in February 2021. And my target audience right now is students. I have spoken to Scrum.org to get this deal signed off for them to certify the students. But the goal is to raise sponsorship for them to learn right,” Mercy said.

    The Agile 20 Reflect Festival will bring the global Agile community together to celebrate and reflect on the past 20+ years of Agility, and to engage in conversations about where Agile is going. The festival, which will mark the 20th anniversary of the creation of the Manifesto for Agile Software Development, will spawn new networks and new possibilities.

    Galvanised by her credo that “True greatness is not in being great, but in the ability to make others great,” Mercy has continued to charge, insisting that putting the right structures and processes in place and leveraging digital skills are key ingredients for businesses to scale. “A business that lacks structures, processes, and technical resources to help you scale cannot survive,” she said.

    While noting that this is why women are not successful, Mercy added that with regard to being a successful entrepreneur, the government and the system of Nigeria has failed a lot of existing and aspiring entrepreneurs partly because of the multiplicity of agencies whose charges and levies significantly add to the bottom-line of most businesses.

    Married to her supportive husband, who hails from Edo State, Mercy is blessed with six adorable young ladies. Two of her children, aged 12 and 14 years are certified internationally. One of them that is 12 is certified in five different certifications that she took on Google in the peak of the COVID-19 pandemic.

    As part of catching them young, Mercy also conducted virtual training for many other children, aged 6-18 years, during the COVID-19 lockdown. She trained them on coding, Mathematics and English. However, her greatest excitement perhaps, reward, for this engagement came when the mother of an autistic child testified that her child, who was in the class, was able to create game and animated cartoon.

  • Lagos graduates 100 women agri-preneurs, youth farmers

    Lagos graduates 100 women agri-preneurs, youth farmers

    By Daniel Essiet

     

    Lagos State Commissioner for Agriculture, Ms. Abisola Olusanya, has charged the latest 100 women and youth graduates of its ‘Agripreneurship Programme’ to be committed to the attainment of the government’s food security goal.

    Olusanya gave the charge at the closing and graduation ceremony of the second batch of the Lagos Agri-preneurship Programme held at the Agricultural Training Institute, Araga, Epe, Lagos, during the week.

    She reiterated the commitment of the state government to engage, equip and empower women and youth particularly to become world-class agri-preneurs.

    The Commissioner, who was represented by the Permanent Secretary, Ministry of Agriculture, Dr. Olayiwole Onasanya, noted that the Lagos Agri-preneurship Programme was conceptualized by the administration of the Lagos State Governor, Mr. Babajide Sanwo-Olu, to solve the hydra-headed problem of women and youth unemployment in the state.

    As she averred: “It has become increasingly obvious that if a bold step is not taken to address the issue of youth and women unemployment, the state may become a hot bed for symptoms of youth restiveness.

    “Previous administrations have embarked on a journey to create jobs, alleviate poverty and ensure food security in Lagos State through the establishment of agriculture-based youth empowerment Scheme, popularly known as Agric-Yes. Over the years, 600 youths have been trained in various agricultural value chains.”

    Olusanya added that the Lagos Agri-preneurship Programme was set up with the aim of training and empowering a much larger number of women and youth in agricultural value chains including aquaculture, poultry, piggery and vegetable, as well as entrepreneurship skills and e-agric.

    She said the purpose was to train 15,000 women and youth at the various training facilities across the state by the year 2023, adding that this is in line with the objective of promoting agriculture in order to make the State a 21st century economy.

    Olusanya said the Lagos Agri-preneurship Programme, which was flagged off on the 10th of February, 2020, has, so far trained a total of 300 participants made up of 200 in Batch 1 and 100 in Batch 2 in an intensive agriculture programme.

    The commissioner explained that the plan was to train a minimum of 2000 beneficiaries this year, but stated that the lockdown resulting from the COVID-19 pandemic distorted the programme significantly, hence the delay in the implementation of the training of Batch 2 which commenced on the 4th November, 2020.

    She stated that in keeping with the guidelines of Nigerian Centre for Disease Control (NCDC) with respect to social and physical distancing, the number of participants was reduced to 100.

    “We are strongly committed to the implementation of the second phase of the programme, which includes partnership with existing farms/agribusinesses with a view to attaching beneficiaries to agribusinesses closest to their location of residence for internships pending linkage to sources of finance; facilitation of access to finance; establishment of additional enterprise-specific Farm Estates across the State where participants could be allocated land space according to enterprise of interest and location; among other benefits,” Olusanya asserted.

    Speaking earlier, the Director of the Agricultural Training Institute, Mr. Adeyinka Omirin, explained that during the one-month training, participants were exposed to theoretical and practical trainings. He stated that Entrepreneurship and e-agriculture modules were also incorporated into the programme.

    Omirin expressed confidence that with the level of engagement experienced during the programme, participants would not find it difficult to make remarkable impact in the agricultural space locally and internationally.

    One of the graduates, Mr. Gabriel Oludare, who spoke on behalf of the other participants, appreciated the state government for coming up with such a productive initiative.

    He said they (participants) have all been equipped to conquer the agricultural space and make a mark in contributing to the food security objective of the state.