The 22-year-old Nigerian Millionaire

THE 22-YEAR-OLD OAU HAS BUILT A MILLION DOLLAR HEDGE FUND

In December 2016, when majority of his investors who had thought BTD was some kind of multi-level marketing scheme started to request to withdraw all of their funds following rumours that Nigeria’s largest multi-level marketing scheme, MMM, had crashed.

This was depleting our capital so much that it challenged the company’s sustainability. That was Christopher putting it mildly. This was an existential crises that could have wiped out over 80% of his fund, as well as BTD itself, in under a month. He took firm action and froze the fund. He also revealed himself to many of his Lagos-based investors for the first time (some who had exposure of up to N30 million), and organised an Investor Conference in February of this year to allay their fears.

Although a victim of the MMM program's failure, which set back his business,  Christopher ‘King’ Bowofade is the founder of  Better Days Investments (BTD), a hedge fund worth N600 million that buys and sells futures and options (the company started out with N1 million from 20 investors); he went from a being a student with struggling parents to building an investment company with 15 full-time employees. 

BTD.jpg

Christopher graduated with a diploma in Conservation Science and Tourism in late 2012, and proceeded to study Economics at Obafemi Awolowo University (OAU), with a future plan to be on the same parstatal as big finance houses like ARM, FBN Capital to mention a few, he was groomed into this path by nursing early enough an interest in the financial market- forex, futures, options and binary options. 

But he persisted, got expert international fund managers to be his mentors, and worked harder and then started getting better returns on his investments. He dropped out of school (don't try this at home) to focus on the business; and BTD trades daily on behalf of 7,902 individual investors who get returns anywhere from 10% to 30% monthly, a performance which is difficult to believe and even more difficult to achieve. 

I am 22-years-old and still figuring my life out, but at least it feels good to see someone is not building his life around Instagram likes & comments or taking pride in being a Yoruba demon. Visit the website now and take part in shaping the future of Africa and the world's financial future via technology, business and all other viable sectors.

 

Eco-friendly Sneakers made from Algae

HAVE YOU EVER RUN ON ALGAE ESPECIALLY WHEN IT IS WET? AT THAT POINT, YOUR BALANCE IS AT RISK. ONE SMART FASHION BRAND, VIVOBAREFOOT HAS TAKEN THE BOLD STEP OF PRODUCING RUNNING SHOES USING ALGAE GATHERED FROM FRESHWATER SOURCES.

video Block
Double-click here to add a video by URL or embed code. Learn more

Over the past few years, the environmental experts have been screaming and warning us of the dangers of climate change and its effects which are obvious in our environment. The major solution to this problem is to embrace eco-friendliness in a bid to save the world. Since then, individuals and organisations have made efforts to reduce activities that kill the environment and have begun to help produce items that help reduce or recycle waste. Brands are now using what a few years ago would be termed as waste to make products that are durable. Vivobarefoot, in a bid to help save the world has launched a running shoe made by using algae gathered from freshwater sources.

Source: Vivabarefoot.com

Source: Vivabarefoot.com

The company's website reads thus; 

This step an ultra-eco take on our hero amphibious shoe, the Ultra III. Made using Algae rescued from waterways from around the World, this shoe is the latest of our sustainable design initiatives. The shoe is launched in collaboration with Bloom Foam, an eco-crusading team based in Mississippi who define themselves as “the world’s first plant-based, high-performance solution to synthetic and petroleum-based flexible foams.”

Every pair will help re-circulate 57 gallons of filtered water back into natural habitats, and prevent the equivalent of 40 balloons full of CO2 being released into the Earth’s atmosphere. 
TINK Africa Vivobarefoot jpg

This is a good step in the right direction because harmful Algal blooms pose eco-crisis threatening marine environments the all over the world. Chemical wastes –notably containing phosphorous and nitrates, often found in fertilizers – are seeping into waterways and creating conditions that trigger the uncontrollable growth of Algae. The Algae releases toxins harmful to humans and animals, as well as depleting oxygen in the water and blocking sunlight – vital components to a healthy marine ecosystem. This can lead to mass deaths of local wildlife (marine mammals, fish-stocks, birds) and the pollution of drinking water and the air we breathe.  By removing the Algae from marine systems and replacing the ecologically harmful petro-based materials used for so many modern products, the world can be made a cleaner place.

This should serve as a lesson for brands to be futuristic in their thinking. Businesses should go beyond making profit. They should bring about innovative products that will save mankind. It has been observed that such brands win the loyalty of customers without so much effort.

TINK Africa Gathers Experts to Discuss 'Future of Food in Africa'

EVERYTHING HAS A FUTURE INCLUDING FOOD. HERE'S WHY PEOPLE IN THE BUSINESS OF FOOD GATHERED AT TINK AFRICA FOR A BRAINSTORMING SESSION ON WHERE FOOD IS HEADED. READ THE STORY BELOW TO HAVE AN IDEA OF WHAT WENT DOWN JUST LAST WEEKEND.

It was a gathering of thought leaders in the food industry, experts, bloggers, cooks, chefs, foodies, food enthusiasts, foodpreneurs and anyone who eats at the Food Meetup themed “The Future of Food in Africa” which was organised by TINK Africa, a trends intelligence brand on Saturday, May 27, 2017 at the TINK Space in Ogudu, Lagos.

This event is the maiden edition of TINK Africa’s monthly trend theme which will focus on the different sectors of the economy for each month.

This chop and chat session included a panel of discussion session where these influencers, experts and anyone in the food business gathered to talk about the future of food in the continent. These contributors included the likes of Ozoz Sokoh, Food blogger and founder, Kitchen Butterfly, Tunde Badmus, CEO Food Africana, Stella Naiye, Founder Chillis Kitchen, Itorro Effiong-Bright, Founder Ibom Soups, with representatives of Naija Butcher, Café Neo, Splash Greens among others.

Meme Osuocha, Business Experience Manager, TINK Africa said that it is important that we know where we are coming from and where we are headed especially as it concerns the food industry. This event is important especially to those in the business of food because at the end of the event a report will be collated and made available for them to be guided as to where the food industry is headed. The smart ones should be able to key into these trends and use them to improve their businesses.

Tunde Badmus Founder, Food Africana commented that their brand would continue to export local content. People who are not in the continent should enjoy indigenous cuisines. He says.

Ozoz Sokoh, Founder Kitchen Butterfly who commented on how much the culture of food has changed in Nigeria said there is more outside of the home eating habit and more focus on indigenous cuisines thanks to social media who has helped more Nigerians embrace more indigenous dishes.

For Itoro Effiong-Bright, Founder Ibom Soups, food is becoming more than just from mouth to stomach, it will get to be a unifying factor in the sense that a lady from one culture learns how to make delicacy of another culture because she likes it.

In an appeal to food bloggers Ozoz said that good food media will help the perception of food both home abroad. These bloggers and media should write and present our local dishes in such a way that it looks visually appealing because now people eat first with their eyes.

As regards making other cultures aware of the Nigerian food, Kunle Shokunbi, Founder Naija Butcher urged indigenous chefs to travel to other countries to showcase our foods because food tourism will help get Nigerian food recognised overseas.

In a closing remark Meme charged entrepreneurs to study trends in whatever industry they find themselves in as trends show a little of the future.

The general from all in attendance was for the Government to look into and invest in the food industry.

To cap the trend meet up, TINK Africa will be producing a comprehensive Food Trend Report for the year 2017 with focus on Nigeria and the continent Africa. This report promises to take you through an exploration of man’s number one need and will cover every length and breadth of food, from planting to harvest, processing, packaging, preservation, sale and delivery. It will be made available and can be downloaded for free on here. 

The panelist discussing The Future of Food.

Audience participation,. questions and suggestions

Real time Practical sessions and Exhibition

The Food report will be made available and can be downloaded for free on here.  

Ada Osakwe: Bridging the Gap, from Farms to Dinning Tables

NIGERIA'S AGRICULTURE MAY BE LAGGING BEHIND BUT A YOUNG FOOD ENTREPRENEUR, ADA OSAKWE IS DOING A CREATIVE JOB IN FILLING THE GAP BETWEEN FARMS AND TABLES 

Ada Osakwe via thestylehq

Ada Osakwe via thestylehq

Once upon a time Agriculture was Nigeria’s major source of income but since the discovery oil, the Nigerian government has ignored the once buoyant industry, leaving farmers and consumers in a continuous struggle. Today Nigeria spends over 5billion annually on importing foods, most being products that were once produced here. Considering the neglect in the food sector, Nigeria’s food industry suffers a huge loss and is lagging behind in food processing, packaging and storage, fuelling the demand for increased import.

Nigeria’s food wastage hit $750 billion last year. This was revealed by the Sales Manager, North West & Central Africa Refrigeration and Air Conditioning, Danfoss, Youssef Zitouni in 2016.

Speaking he said,  “80% food wasted food in Nigeria VS 33% in the world.” He also hinted that for “every ton of food waste generated, 1.9t C02 eq/t is emitted"

via thestylehq

via thestylehq

With the reality of horrifying details like the one above, a young Nigerian entrepreneur decided to snatch the wheel of food processing and production in the country in her own little way and she is doing it in the most creative way. Ada Osakwe a young food entrepreneur, passionate about agribusiness in Nigeria set up Agrolay Ventures in a bid to do her bit in the struggling industry. Today, Agrolay Ventures has grown into an investment firm targeting early-stage agribusinesses. The company has four investments under it - Nuli Juice Company, Nuli Foods, Nature’s Bounty and African Courier Express.

Ada came back to Nigeria on the wings of a successful career in New York this gave her access into working directly with the Nigerian Minister of Agriculture, under who she served as the Senior Investment Advisor. The opportunity opened up eyes and forced her into setting up her own food business. On the job, she saw the reality of multiple abundance being wasted away in the neglect of the Agricultural sector.

thestylehq

thestylehq

Being young and unapologetically creative, Ada is focusing on the right food packaging while insisting on a proper standard. A rationale which she believes would bring Nigerian consumers back to buying Made-in-Nigeria products; “When products are competitive enough to survive foreign competition, then they indeed are good enough.”  Today, her agribusiness stands out, from the brand’s clean packaging to the brand’s identity, communication.

With strictly homegrown produce, Nuli food and juice serves consumers with fresh, organic healthy options; bridging the gap between raw produce and consumers. From the farm to home table’s Ada indeed has done a good job in closing this gap.

Messenger Bots proves to be the future of Information Technology

THE MORE LIKES THE BETTER! BSCHOOL'S MASTERCLASS FACILITATOR HAS SHOWN THAT THE WAY HAS BEEN PAVED FOR MESSENGER BOTS TO TAKE OVER DISEMMINATION OF INFORMATION.

The more likes, the better! It is undeniable. Digital marketing has catapulted past analog. People are consuming more digital content daily – using their smartphones, desktops computers, laptops, tablets, and more. Smart brands have capitalised on the digital trend and have made it big. The digital space is wide enough for all to take part in but less than 25 percent of businesses especially, SME's have fully utilised the power of Digital Marketing either because they are doing the right thing the wrong way. The thing is, companies need to recognise that they need to alter their marketing strategies to adapt to result-oriented plan. 

Over the weekend TINK's bshool held another of its free masterclasses, this time with a focus on Digital Acceleration and ace Digital Strategist, Okemini Otum was the facilitator.

OKEMINI OTUM

As seen on his Instagram profile, "I help Business become more desirable online and attract the right customers."

Okemini is a tech enthusiast and a key player in the Digital and Social Media field. He is also a Digital Business Strategist, Blogger, Google Ad-words professional, Social Media Consultant, Facilitator & Trainer. He has worked with over 22 start-ups and SMEs and has an in-depth understanding and navigation of the tech ecosystem in Nigeria and Africa as a whole. He is at the cutting edge of technology and is in constant search of online tools and methodology to improve business and efficiency.

His opening words were as follows; "If you're Tech oriented or business inclined, learn to create Messenger Bots because that the where the world is headed." He revealed that Giant brands like CNN are using Bots for the dissemination of information.

During the masterclass, attendees learnt that as a PR consultant, digital marketer, social media manager, content creator and content curator there are available tools that can help make the job faster and more professionals. Tools like Twitonomy, Co-schedule Headline Analyzer, Feedly, Google Alert, Grammarly and so many others.

He reiterated that as a business, people are spying on you just as you're spying on them. The usefulness of this is to look at the way they do theirs and take a lesson out of it.

Please scroll below at the pictures of the day.

Follow Okemini on 

m.me/otumokemini

Instagram: Okeminiotum

Twitter: rabbi_oceans

The benefits of digital marketing seem unavoidably huge for all brands especially, small businesses. It doesn’t have to cost you a lot and it can be highly effective in acquiring new customers, making sales and servicing customers in real time. It is also clear that without the requisite awareness, knowledge and skill in digital marketing there isn’t a hope in hell you will achieve success. It must be added that business should not just rely on marketing agencies knowledge or skill, they should learn to use the digital space to boost business.

To find out more about bschool, Nigeria's Pop Culture Academy, click here