Slang ‘Pon the Tongue

IMAGE CREDIT: FREEPIK

IMAGE CREDIT: FREEPIK

ACROSS AFRICA WE HAVE SEEN A PLETHORA OF SLANGS ENTER OUR VOCABULARY AND THIS TREND SEEMS TO BE VERY EVIDENT IN AFRICA’S MOST POPULOUS NATION, NIGERIA.

The Nigeria music industry is known to always introduce new slangs. These popular slangs are embraced by individuals in different parts of the world. The popular Nigerian performer and song writer, Olamide also known as “Baddo” has been recognized as the king of slangs. This is because, he introduces new slangs in nearly all of his hit singles that find their way into our vocabulary.

Consider this article a sneak peek into an unspoken trend in the Nigerian music industry.

In 2018, an avalanche of slangs (new buzzwords) enveloped the industry. Some of which include “stew” by Wizkid in his song “Fever,” “Ji Masun,” “Saint Sami – Ganja” slangs made famous by the Otunba Lamba, etc. The songs upon which these slangs are buoyed allows listeners explore their youth by bursting new dance moves and allowing them showcase their skills on social media as they join in on the trend. As such curator develop hashtags on social media which allows for visibility and trend hopping.

Currently, one slang burning up the Nigerian airwaves is “Gbe Body E”. You can’t simply walk the street without hearing it. It’s in conversations, tantrums, songs, movies, and everything else you can hear. The other day, my colleague used this same slang on me and then I knew I had to join the bandwagon.

The 'Gbe Body E' slang is a contemporary Yoruba slang for "move away or lift your body." This slang which was first introduced in 2018 by indigenous rapper Zlatan Ibile as a call for everyone to get off of their feet and hit the dancefloor has refused to die down. The slang came accompanied by a dance move that has been embraced by Nigerians – Zanku dance – and has created fame for same artist.

As it looks, Nigerian artists are ready to birth new slangs.

Stay woke and gbe body eh.

The World Would Literally Leave You Behind

MOBILE MONEY IS SPEEDILY ENVELOPING AFRICA. IT’S A TSUNAMI, NO AN AVALANCHE, NO A STORM, ITS MOBILE MONEY.

Source: Worldatlas.com

Source: Worldatlas.com

Before now, any conversation around putting money in some virtual account or making payments virtually – over the internet or something, would have been met by a brick wall and a huge number of deaf ears. The conversation would have been dismissed – Africans loved their cash liquid as there has been stories of insecurity and money losses due to poor technology and other software related issues.

Well, the story today is nearly the exact opposite as everyone is becoming more mobile money savvy. In 2017, the GSM Association 2018 report states that over half of all mobile money services in the world are in Sub-Saharan Africa – this remains the fastest-growing mobile market in the world and is expected to have 500-million cellphone subscribers by 2020.

Also, the World Bank’s Global Findex Database in its financial inclusion survey found 21% of adults in Sub-Saharan Africa now have a mobile money account. This is considerably the highest in the world.

Source: Dailymail.co.uk

Source: Dailymail.co.uk

Major players like MPesa, Piggy bank, Alat, Paypal, have utterly disrupted the African mindset towards mobile money and have earned trust amongst communities. Which is why there is a vast number of service offerings that’s powering the sweep of mobile money with the shores of the continent.

So with these few points of mine, I hope I have been able to convince you and not to confuse you, by making you understand that the world would literally leave you behind if you are not mobile money acquainted.

E-Fro-Commerce

The state of e-commerce in Africa is improving although still battling with old enemies

online-shopping-ecommerce-ss-1920.png

What prompted this article was this. Sometime last week I had a group of friends come over and they all attempted to buy something from an ecommerce website at different times and each one of them refused to pay online, they all opted for the pay on delivery option. Before now, they definitely wouldn’t have thought of the option of even buying from an online vendor. The only thing ecommerce websites were good for back in the day was to cross examine prices of a commodity you wanted to purchase – the improvement. However, they still battle with old enemies – trust. Many still don’t believe they can trust tech with their finances let alone some ecommerce website where you wouldn’t be able to get a hold of the vendor.

Source: Yaoota.com

Source: Yaoota.com

It would interest you to know that the number of online shoppers across the continent has grown 18% yearly since 2014—higher than the global average, Africa’s consumer e-commerce market, valued at $5.7 billion in 2017, is less than 0.5% of the continent’s GDP, far below the global average of 4% - quartz.com.

Global Rank

Mauritius 55

Nigeria 75

South Africa 77

Tunisia 79

Morocco 81

Ghana 85

Kenya 89

Uganda 99

Botswana 100

Cameroon 101

Source: qz.com

Mauritius ranks highest in Africa’s ecommerce market followed by Africa’s most populous nation – Nigeria.

This shows that ecommerce in Africa a.k.a e-fro-commerce (in my own dictionary) is the way we’ll all go in Africa as brands continue to build trust and loyalty towards online means of purchase and financial institutions continue to deepen their foot print across the continent by banking both the unbanked and underbanked.

The future is here already, just TINK about it.

Agri Tech and the Future of Food

THE AFRICAN POPULATION IS SET TO HIT AN UNSETTLING 2.5 BILLION BY 2050 AND EVERYONE HAS TO EAT.

Source: Venturesafrica.com

Source: Venturesafrica.com

According to World Bank, Agriculture is major business in Africa, it employs 65% of the continent’s labour force, and accounts for 32% of the gross domestic product (GDP). These stats right here automatically calls for attention. In spite of how impressive these stats are, the sector is plagued by a plethora problems such as lack of funding, inadequate government policies, terrible mode of transportation, insufficient expertise, large out flux of young people from the sector to something seemingly more lucrative.

Well I belong to the school of thought that says “in every problem, therein lies the holy grail”. Your business or innovation isn’t regarded as relevant much less disruptive if it doesn’t find a need and meet it head on. This therefore brings me to trend that forced my fingers to write this article – Agri Tech!

Technology has found an innovative way to support agriculture in Africa. At first we learnt about mechanized farming in school; how a farmer should employ the use of tractors and so on to upscale produce, no one saw what I like to call “online farming”.

Source: cdn.artstation.com

Source: cdn.artstation.com

Source: Jbklutse.com

Source: Jbklutse.com

Agri Tech companies help farmers secure funds, get innovative ideas to produce more and healthier crops, and more importantly connects them to their market – seamless connection between the farmer and the end consumer.

Buoyed by internet and mobile technology penetration in Africa, businesses like Farmcrowdy, FarmerLine, Verdant Agri Tech, First Direct Ng, Agro Data, Esoko, and many others have effectively disrupted the agricultural sector in Africa with innovative solutions.

People have to eat and it might just be a problem if Africa meets the 2.5 billion population forecast in 2050. So our best move is to solve tomorrow’s problem today and as such Software Farming is the way to go.

Say hello to Agri Tech – The future of food.

Who’s Hungry?

BEFORE NOW, THERE SEEMINGLY USED TO BE FOOD IN EVERY STREET CORNER, NOW THERE’S A FOOD AD EVERY TIME YOU TURN ON YOUR PHONE – TALK ABOUT INSTA-FOOD

Source:  freakingnews.com

Source: freakingnews.com

Can you feel it? No actually, can you taste it?

Someone once said that the businesses that will rule tomorrow have yet to be created. This I find to be very true as the world’s greatest businesses today didn’t exist 10 years ago. 90% of them ride on the back of technology, in fact most of them are tech firms. In the same vein, the businesses that will rule the economic landscape in the next ten years have yet to be birthed.

However, this article isn’t about some futuristic business, it’s about a certain type of business that has grown astronomically in Africa, particularly Nigeria – Online Kitchen.

Source: Unsplash

Source: Unsplash

Tell me, when was the last time you turned on social media and you didn’t see a food ad or something? The plethora of online food vendors these days is alarming but welcomed at the same time. These online vendors are meeting a very important need as a large number of the urban population are relatively busy and may not have the time to prepare delicious and healthy meals and as such these vendors offer delivery services – they will bring the meal to you – awesome isn’t it?

Well, this narrative isn’t about to change anytime soon, consumers will only get busier and the most innovative online vendor will win.