šŸ¤“Education Transforms Nigeria’s Production

Plus: šŸ‘ØšŸ½ Femi Otedola’s Making It Big

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Today’s Menu ā˜•ļø

šŸ‘ØšŸ½Femi Otedola’s Making It Big and Youth Entrepreneurship
šŸ“ŗ Ghana Hits DStv With GHS 10,000 Daily Fine
šŸ¤“How Practical Education Can Turn Nigeria Into a Nation With a ā€œProducerā€ Mentality
šŸ“±X Continues to Lose Revenue Amid Declining Android Installs
šŸ“±MTN Group delivers solid H1 results driven by digital growth and economic recovery
šŸ’°HewaTele secures $10.5M from AfricInvest to deliver high-quality medical oxygen across Kenya

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šŸ‘ØšŸ½ ENTREPRENEURSHIP

Femi Otedola’s Making It Big and Youth Entrepreneurship

Femi Otedola

When business titan Femi Otedola released his memoir Making It Big: Lessons from a Life in Business, it wasn’t just storytelling—it was signaling. In a landscape where African business successes are often left undocumented, Otedola’s decision marks a rare effort to leave behind lessons for the next generation. At a time when Nigeria’s startup ecosystem faces both turbulence and promise, his book serves as a blueprint for resilience, reinvention, and intergenerational dialogue.

Why does this matter for young entrepreneurs—and what challenge does it pose to other business leaders?…continue reading

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 šŸ¤“EDUCATION

How Practical Education Can Turn Nigeria Into a Nation With a ā€œProducerā€ Mentality

As children, many of us wondered why almost everything we owned was stamped Made in China or Made in Japan. Decades later, that question remains relevant: why does a resourceful country like Nigeria still depend so heavily on imports? While our fintech champions like Paystack and Flutterwave prove that Nigerian talent can compete globally, true transformation must go deeper—starting in our schools.

Nigeria faces a dual education crisis: millions of children are out of school, while those inside the system often leave without the skills needed to create value. If this continues, we will keep exporting raw ambition and importing finished goods. What Nigeria needs is a production-first curriculum—one that introduces children early to practical skills, encourages project-based learning, and connects schools directly with industries……continue reading

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šŸ“±SOCIAL MEDIA

X Continues to Lose Revenue Amid Declining Android Installs

X (formerly Twitter) is facing a serious squeeze. Android app installs collapsed by 44% in July 2025, dragging overall downloads down 26% year-over-year. That slump isn’t just about bragging rights—it’s already cutting into subscription revenue, which has slipped from $18.8M in March to $16.9M in July. Meanwhile, rivals like Meta’s Threads are surging with explosive user growth.

What makes this worse is X’s response: celebrating record iOS weeks while Android users struggle with bugs and abandonment. With Android dominating global smartphone usage, this is more than a technical hiccup—it’s an existential risk....continue reading

šŸ“± TELECOMS

MTN Group delivers solid H1 results driven by digital growth and economic recovery

Africa’s largest telecoms operator, MTN Group, has staged an impressive comeback in the first half of 2025, reversing last year’s losses with headline earnings per share of 645 cents. Group service revenue jumped 23.2% to R105.1 billion ($5.6 billion), powered by booming demand in data (+36.5%) and fintech (+37.3%). This reflects MTN’s ongoing pivot toward digital services and its ability to capture Africa’s surging appetite for connectivity and financial technology.

The company also tightened its operations, boosting EBITDA by 60.6% and more than doubling free cash flow to R20.5 billion. While no interim dividend was declared, shareholders can expect a 370-cent payout at year-end.

Regionally, MTN Nigeria delivered the strongest rebound with service revenue up 54% in constant currency, thanks to a steadier naira and strategic pricing moves. MTN Ghana outpaced Nigeria in profit after tax, while South Africa showed slower growth in a saturated market.

With upgraded guidance, stronger margins, and a leaner balance sheet, MTN is betting big on fintech and fast-growing markets to sustain momentum...…continue reading

šŸ’° FUNDING

HewaTele secures $10.5M from AfricInvest to deliver high-quality medical oxygen across Kenya

Access to medical oxygen remains one of East Africa’s most pressing healthcare challenges—yet it’s often overlooked. In Kenya, more than 70% of existing oxygen plants are either non-functional or producing oxygen below the World Health Organization’s minimum purity standards, putting countless patients at risk.

To change this, AfricInvest—through its Transform Health Fund—has committed $10.5 million to HewaTele, a Kenyan medical oxygen provider building a large-scale liquid oxygen facility. The new plant will deliver oxygen at 99.6% purity, ensuring a reliable supply for hospitals and clinics across the region.

The financing, structured as a senior secured bridge facility, complements support from global backers including the Soros Economic Development Fund, Finnfund, UBS Optimus Foundation, and Grand Challenges Canada....…continue reading

 OTHER STORIES

  • Ghana Hits DStv With GHS 10,000 Daily Fine…….continue reading

  • AIIM and Motseng launch MIIG to drive inclusive infrastructure investment across Southern Africa……continue reading

  • Banque Misr’s fintech arm secures final approval to launch Egypt’s first fully digital-native bank, onebank……continue reading

  • How AI and Drones Power Tech-Driven Farming…….continue reading

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Jessica Adiele
Innovation Village