Breakfast Connect

Enterfive's Kemdi Ebi tells Breakfast Connect about the beginnings of his company's main product Versus, which was developed when opportunity met a need.

He was involved in a campaign that was developed with a few friends which centered around educating the Nigerian public about the importance of voting. While developing that product, Kemdi noticed an opportunity when he saw people responding in different languages. At the point of the conversations, Kemdi noticed a need for people to understand themselves better, leading to the development of Versus.

Bet On Yourself
Kemdi says Enterfive took a bet on themselves at the initial stage. He told Breakfast Connect that he did not think the best approach would be to go sourcing for funds. Without tangible material and metric, Kemdi says the team knew the foundation would involve building capacity and relationships as well as understanding the market.


Marketing intelligence
"For us, the success is about seeing the way our product helps your business," Kemdi says as he talks about the positive global performance of Versus. "Global companies," he adds, "have mastered the idea of marketing intelligence." He believes Versus can be the go-to intelligence marketers for Africa.

Enterfive's Kemdi Ebi tells Breakfast Connect about the beginnings of his company's main product Versus, which was developed when opportunity met a need.

He was involved in a campaign that was developed with a few friends which centered around educating the Nigerian public about the importance of voting. While developing that product, Kemdi noticed an opportunity when he saw people responding in different languages. At the point of the conversations, Kemdi noticed a need for people to understand themselves better, leading to the development of Versus.

Bet On Yourself
Kemdi says Enterfive took a bet on themselves at the initial stage. He told Breakfast Connect that he did not think the best approach would be to go sourcing for funds. Without tangible material and metric, Kemdi says the team knew the foundation would involve building capacity and relationships as well as understanding the market.


Marketing intelligence
"For us, the success is about seeing the way our product helps your business," Kemdi says as he talks about the positive global performance of Versus. "Global companies," he adds, "have mastered the idea of marketing intelligence." He believes Versus can be the go-to intelligence marketers for Africa.

Africa is becoming a startup hub with thousands of entrepreneurs and ventures who are taking-on every problem and opportunity. Africa’s startup landscape is on the upward fundraising trend, despite the current landscape, Venture Capitals are still very bullish about Africa. Traditional and large corporate venture arms and sovereign wealth funds are also beginning to circle-in on African Startups as they mature. We have in our studio one of the major players in Africa’s Venture investing space with an outstanding record. Platform Capital, a growth markets focused, sector agnostic, principal investment and advisory firm, head office in Nigeria and offices across 7 other locations globally. Platform Capital proud itself in combining a deep knowledge of the markets it operate in, an entrepreneurial business-building approach, and strong local and global perspective. Paul and Ponmile are here to tell us more.

Africa is becoming a startup hub with thousands of entrepreneurs and ventures who are taking-on every problem and opportunity. Africa’s startup landscape is on the upward fundraising trend, despite the current landscape, Venture Capitals are still very bullish about Africa. Traditional and large corporate venture arms and sovereign wealth funds are also beginning to circle-in on African Startups as they mature. We have in our studio one of the major players in Africa’s Venture investing space with an outstanding record. Platform Capital, a growth markets focused, sector agnostic, principal investment and advisory firm, head office in Nigeria and offices across 7 other locations globally. Platform Capital proud itself in combining a deep knowledge of the markets it operate in, an entrepreneurial business-building approach, and strong local and global perspective. Paul and Ponmile are here to tell us more.

Africa is becoming a startup hub with thousands of entrepreneurs and ventures who are taking-on every problem and opportunity. Africa’s startup landscape is on the upward fundraising trend, despite the current landscape, Venture Capitals are still very bullish about Africa. Traditional and large corporate venture arms and sovereign wealth funds are also beginning to circle-in on African Startups as they mature. We have in our studio one of the major players in Africa’s Venture investing space with an outstanding record. Platform Capital, a growth markets focused, sector agnostic, principal investment and advisory firm, head office in Nigeria and offices across 7 other locations globally. Platform Capital proud itself in combining a deep knowledge of the markets it operate in, an entrepreneurial business-building approach, and strong local and global perspective. Paul and Ponmile are here to tell us more.

President of the Association of Bureau de Change Operators of Nigeria, Aminu Gwadabe, has called on the central bank to have a paradigm shift from demand to supply measures which includes focusing more on diaspora remittances. Speaking to Breakfast Connect on Africa Business Radio, Gwadabe described diaspora remittances as the "new oil", which data from Nairametrics shows rose by 56.4% to $17.57 billion in 2019 from $11.23 billion in 2018.
According to the ABCON president, diaspora remittances are consistent, stable and cheap. He says BDCs should also be allowed to be carry out remittances, like deposit money banks.

He also noted that 95% of the more than 5,000 CBN licenced BDCs across the country are out of business due to coronavirus.
In our discussion, Gwadabe also showed support for the unification of the exchange rate, which, according to him, breeds inefficient resource allocation.

President of the Association of Bureau de Change Operators of Nigeria, Aminu Gwadabe, has called on the central bank to have a paradigm shift from demand to supply measures which includes focusing more on diaspora remittances. Speaking to Breakfast Connect on Africa Business Radio, Gwadabe described diaspora remittances as the "new oil", which data from Nairametrics shows rose by 56.4% to $17.57 billion in 2019 from $11.23 billion in 2018.
According to the ABCON president, diaspora remittances are consistent, stable and cheap. He says BDCs should also be allowed to be carry out remittances, like deposit money banks.

He also noted that 95% of the more than 5,000 CBN licenced BDCs across the country are out of business due to coronavirus.
In our discussion, Gwadabe also showed support for the unification of the exchange rate, which, according to him, breeds inefficient resource allocation.

President of the Association of Bureau de Change Operators of Nigeria, Aminu Gwadabe, has called on the central bank to have a paradigm shift from demand to supply measures which includes focusing more on diaspora remittances. Speaking to Breakfast Connect on Africa Business Radio, Gwadabe described diaspora remittances as the "new oil", which data from Nairametrics shows rose by 56.4% to $17.57 billion in 2019 from $11.23 billion in 2018.
According to the ABCON president, diaspora remittances are consistent, stable and cheap. He says BDCs should also be allowed to be carry out remittances, like deposit money banks.

He also noted that 95% of the more than 5,000 CBN licenced BDCs across the country are out of business due to coronavirus.
In our discussion, Gwadabe also showed support for the unification of the exchange rate, which, according to him, breeds inefficient resource allocation.

Nigerians can enjoy uninterrupted power supply under the right conditions. Proof of this can be found in existing private communities where electricity flows constantly through their private grid into homes and small businesses in such communities. A good example is the Nigeria Electric Supply Corporation, NESCO, in Jos, Plateau State, which has been providing uninterrupted power supply to over 7 communities since it was established in 1929.The company has been operating as an independent power utility for 90 years. It is the only private company with a licence to do what it's doing.
But why has there not been more NESCOs over the years?
Dr. Wiebe Boer, the chief executive officer of All On, a renewable power energy company sits down with Breakfast Connect to answer some of these questions and more about the Nigerian electric power sector.
In our conversation, Dr. Wiebe talks about the incompleteness of the power privatisation process and the need for more competition in the sector.

Nigerians can enjoy uninterrupted power supply under the right conditions. Proof of this can be found in existing private communities where electricity flows constantly through their private grid into homes and small businesses in such communities. A good example is the Nigeria Electric Supply Corporation, NESCO, in Jos, Plateau State, which has been providing uninterrupted power supply to over 7 communities since it was established in 1929.The company has been operating as an independent power utility for 90 years. It is the only private company with a licence to do what it's doing.
But why has there not been more NESCOs over the years?
Dr. Wiebe Boer, the chief executive officer of All On, a renewable power energy company sits down with Breakfast Connect to answer some of these questions and more about the Nigerian electric power sector.
In our conversation, Dr. Wiebe talks about the incompleteness of the power privatisation process and the need for more competition in the sector.