LAGOS STATE, NIGERIA, February 6, 2020/www.gbafrica.net/ – Nigeria is projected to add no fewer than 200 million people to its current population of 196 million between 2018 and 2050. The country is also expected to surpass the United States (US), according to a 2019 Nigerian economic outlook report by PricewaterhouseCoopers (PwC). With such a swell in its population, the need to find the right talent has become a strategic imperative for organizations.
That is where Chika Uwazie comes in. The 31-year-old tech entrepreneur helps SMEs automate their human resources (HR) tasks to ensure they have the right processes in place to help them scale and be successful. Her own journey to success has been far from easy. The Georgetown University graduate, who spent 10 years as a competitive cheerleader in the US, made the decision to relocate to Nigeria after her little sister died due to complications from sickle cell anemia.
“When everything happened with my sister, I was at a crossroads. I had finished Georgetown and when you finish from a big school like that, you go into consulting with one of the big four. I said I don’t want to do that because that was not enough. I used to always get excited and light up when I spoke to my sister and we spoke about potentially starting something in tech and building a tech company,” says Uwazie.
After her sister’s death, Uwazie decided to take the leap and build a company that was not only profitable but also made an impact. She started a tech company called TalentBase, a HR software company that provides an affordable and easy-to-use HRM platform solution enabling HR managers and growing businesses to simplify and organize their HR processes. Uwazie was determined not to let the vision she shared with her sister die. But first, she needed funding.
“As you know, it is very hard for black people to raise money in the US, the bars are extremely high. I felt it would not necessarily be easier in Africa but I felt I would have more support if I came back to Nigeria to start a tech company and so that is why I came. And I felt like I wanted to have an impact. Tech is so oversaturated in the US and I felt like in Nigeria, there are so many things that need to be done.”
After almost a year of knocking on the doors of prospective investors, Uwazie got her big break through a colleague at Google who connected Uwazie with 500 Startups, a Silicon Valley-based venture capital firm, which provided funding and support. The program required Uwazie to stay in San Francisco for six months, after which she was able to successfully raise more angel investment a year later to scale her business. This year, Uwazie stepped down from the CEO position at TalentBase to move on to her next venture, Career Queen.
“In Africa, and not just Nigeria, there is a human capital problem. Throughout the time I was running TalentBase, everyone kept complaining to me about how it was difficult to find good talent and this is why I started Career Queen, which is my second wind of entrepreneurship. It has been a crazy growth cycle and I didn’t realize how challenging recruitment is in Africa,” says Uwazie.
She spends most of her time recruiting C-suite executives and executive assistants for organizations in Africa, with a particular focus on women. And according to Uwazie, the numbers don’t lie.
“It has been proven, companies that hire women are 30% more profitable than those who do not have women in the team. The aim is to also get women a seat at the board table. A huge part of my vision now is starting this movement among women, making an impact in organizations and finding great talent for organizations.” Only if there were more who thought like her.
(Source: Forbes Africa)
Facebook To Open Its Second African Office In Lagos, Nigeria
Facebook is set to open its second Africa office in Lagos in the second half of 2021, after it opened its first Africa office in Johannesburg, South Africa in 2015., which will house a cross-section of Facebook teams from sales, policy, and communications to engineering. It is the company’s latest commitment to Nigeria—Africa’s largest internet market, after it opened a hub space in partnership with Co-Creation Hub, a leading Nigerian startup accelerator, in 2018.
It is essentially a major play for talent and proximity to an important, fast-growing market—and it is not happening in isolation: Google and Microsoft have grown their local presence in Nigeria over the past decade. In fact, Microsoft’s moves have included a $100 million commitment to build software development centers on the continent and employ 500 African developers by 2023.
With more Nigerians using Facebook than anywhere else on the continent and the suite of high-ranking executives at Facebook’s global offices being a ringing endorsement, Facebook is moving closer to where the talent is. Nigeria ranked among the fastest growing developer communities in Africa last year.
The global tech giant is in the business of serving and monetizing eyeballs, hence a more hands-on operation in Nigeria, and across Africa, and being closer to the world’s fastest-growing population of young people is a shrewd move. Africa’s population, already the youngest in the world, is expected to triple by 2100 while the rest of the world shrinks. And Nigeria will play a key role in that growth spurt by becoming the second most populous country in the world, ahead of China.
The World’s Richest Person, Jeff Bezos, Is Wealthier Than He’s Ever Been; Worth $200 Billion
The world’s richest person, Jeff Bezos, is wealthier than he’s ever been. Early Wednesday he crossed a milestone previously unseen in the nearly four decades Forbes has been tracking net worths: With Amazon stock edging up 2% as of Wednesday afternoon, Bezos’ net worth is up by $4.9 billion, making the 56-year-old the world’s first-ever person to amass a $200 billion fortune.
As of 1:50 p.m. EDT on Wednesday, the Amazon founder and CEO is worth $204.6 billion—nearly $90 billion more than the world’s second-richest person, Bill Gates, who’s currently worth $116.1 billion.
Even adjusting for inflation, Forbes believes Bezos’ fortune is the largest ever amassed. The person to come closest: Bill Gates, who was the world’s first-ever centibillionaire. Near the height of the dot-com bubble, when Microsoft reached its then-peak in 1999, Gates’ net worth surpassed $100 billion, roughly $158 billion in today’s dollars.
Fueled by the change in consumer habits as a result of the coronavirus pandemic, Amazon stock is up nearly 80% since the beginning of the year, and Bezos’ net worth, which was roughly $115 billion on January 1, has skyrocketed in tandem. Bezos’ roughly 11% stake in Amazon makes up more than 90% of his fortune. He also owns the Washington Post, aerospace company Blue Origin and other private investments.
Bezos would be even richer had he not gone through the most expensive divorce settlement in history last year. When he split from ex-wife, MacKenzie Scott, last July, he agreed to give her 25% of his Amazon stake, a chunk of stock now worth $63 billion. Even after giving away $1.7 billion in charitable gifts earlier this year, Scott is currently the world’s 14th-richest person and second-richest woman, behind L’Oréal heiress Françoise Bettencourt Meyers.
Bezos isn’t alone among tech titans with fortunes surging to massive new heights. Facebook’s Mark Zuckerberg ended Tuesday as a brand-new centibillionaire, worth $103.1 billion after adding $3.4 billion to his fortune in one day, on Facebook stock gains. That surge continued early Wednesday afternoon, with Zuckerberg up an astonishing $6 billion just on Wednesday as of publication time. He’s now worth $109.1 billion.
There are now more centibillionaires on the planet than ever. Joining Bezos, Gates and the newly crowned Zuckerberg is LVMH chair Bernard Arnault, who first joined the 12-figure ranks last year. Though his net worth slipped to about $80 billion at the height of the coronavirus pandemic in March, Arnault reclaimed the centibillionaire title in May and today is worth about $115 billion. This makes him the third-richest person on earth–$90 billion poorer than Jeff Bezos.
By – Jonathan Ponciano/Forbes Staff
“Creatives Need To Control Nudity In The Food Chain – J.Derobie Urges
Fast-rising dancehall/afrobeat artiste signed on to eMPawa Africa, J. Derobie, in a recent interview on the Late Nite Celebrity Show with Foster Romanus, has urged his colleague creatives to control the explicit scenes portrayed in their music visuals as music medium people use to convey and disburse messages to a large audience.
According to him, “There are children coming up and it will help if the nudity is limited. During my childhood, you wouldn’t see such things. It was balanced. If you’re even watching a movie and there’s a kissing scene, you have to look away else the ‘cane will have your meat'”
“This is where we need to sit back or go to the drawing board and see which type of content we want to promote. Sometimes, it is what the director wants and sometimes, it is what the artistes themselves want.”
“Other times, the media houses also have no choice than to play it but when we go to the drawing board and decide to limit these things, others will also follow because everyone wants their songs to be played on Tv”. He reiterated.
J.DEROBIE, one of the rising stars of Ghana’s exploding music scene signed shares his debut EP, Nungua Diaries. The six-song EP, which takes its name from the Accra community where J.DEROBIE grew up, contains a mix of dancehall, afrobeats and afro-dancehall tracks with production from GuiltyBeatz, Uche B., UglyOnIt and BeatzFada.
Download & Stream Here: https://empawaafrica.lnk.to/NunguaDia.
IBM Appoints Angela Kyerematen-Jimoh As First African and First Female Regional Head for Africa
Technology giant, IBM Corporation has appointed Angela Kyerematen-Jimoh Regional Head for North, East and West Africa where she will be responsible for IBM operations in over 40 countries in Africa including Morocco, Nigeria, Kenya, Senegal, Uganda, Ghana and Tunisia.
Before her appointment, Ms. Kyerematen-Jimoh was Chief of Staff to the Senior Vice President in charge of Global Markets and Sales in IBM’s corporate headquarters in New York. Ms. Kyerematen-Jimoh who was previously Country Manager for Ghana joined IBM in 2011 as Marketing Manager for the West Africa Market Segment and rose through the ranks to become the Strategy Leader for Central East and West Africa.
Prior to joining IBM Ms. Kyerematen-Jimoh worked in banking, for UBS Investment Bank & ABN AMRO in London and GT Bank Ghana.
Chris Kirubi, East Africa Business Mogul and founder of Centum Investment said “I am exceptionally proud of Angela. Her dedication and commitment to her work is unwavering. She has all our support and I know she will make this a huge success story. We welcome her back to Africa.”
Ms. Halima Aliko Dangote, Executive Director of Dangote Industries commented, “This is indeed an inspiring story for our continent to have a woman lead this very important region and we look forward to her making great strides in this role.”
Ms. Kyerematen-Jimoh’s appointment marks another first in her career: She was IBM’s first female country head and becomes the first woman and first African to be appointed Regional Head in Africa. This is a true testament to IBM’s unwavering commitment to diversity and inclusion.
She has been named one of Africa’s most influential women by Avance Media. Her awards include the US African Women Forum’s Global Impact Leadership Award and the prestigious African Achievers Awards for Excellence in Business. A mother of two boys, Ms. Kyerematen-Jimoh is an alumna of Harvard Business School.
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