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Nigeria

Outsourcing key to start-up success, says DealDey CEO

“It is not about doing everything yourself. You cannot do everything yourself. You should not do everything yourself.” So says Kehinde Oriola, CEO of the Nigerian daily deals website, DealDey. The company was launched in 2011 and is loosely based on the Groupon model, offering promotions and discounts on everything from restaurant meals to spa treatments, and a variety of other services, events, courses and products. Speaking at the annual AfricaCom event in Cape Town this week, Oriola said that when the company first started, it tried to manage every aspect of its business operations. It owned its own delivery vehicles, employed its own drivers, and ran its own warehousing. Until about a year ago, it employed around 500 people.

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Growing fish and plants together – an untapped opportunity in Africa?

Global population growth combined with increased food consumption and a greater demand for animal protein means that by 2050, there will be an estimated 60% increase in global food demand. At the same time, climate change, pressure on water resources, mass migration to urban areas and an increase in the use of food for fuel means that food supply is constrained.

Food security is therefore topping the political agenda globally and many countries are looking towards Africa to help plug the gap. Before this can happen though, Africa needs to address its own US$35bn structural food deficit and it is coming up with some innovative solutions. While food security will ultimately be addressed via a number of different solutions, aquaponics is emerging as an ideal technology to bring fresh, nutrient rich food to urban environments.

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How former Jumia MD is selling groceries online in Nigeria

Lagos’s infamous back-to-back traffic can turn a simple trip to the grocery store into a time-consuming ordeal. This is one of the reasons, believes Raphael Afaedor, co-founder and CEO of Supermart.ng, that his online grocery retailer has been growing 15% month-on-month for the last two years. Afaedor is arguably one Nigeria’s e-commerce pioneers. In 2012 he co-founded Jumia, the Rocket Internet-backed online shopping site, which he led for almost two years before leaving to start Supermart. Today Jumia is a market leader, selling fashion, electronics and homeware.

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Entrepreneur Advice from Omoyemi Akerele: Purpose and passion are the most important things

"Life is a journey. Once you understand that some of the most important things are purpose and passion driven, combined with a deeper need to make a difference beyond self as well as contribute in some way to what is happening around you, it certainly makes waking up daily an easier task for me. When you earn a living this way, it is certainly more fulfilling."

Omoyemi Akerele founded the Lagos Fashion and Design Week in 2011 and is also founder and artistic director of Style House Files, the organising body behind the annual four-day fashion showcase. Style House Files is a Creative Development Agency that primarily focuses on the advancement of the Nigerian and African Fashion Industry. Omoyemi is widely regarded as a driving force behind the burgeoning Nigerian fashion industry. She helps brands gain essential international exposure through presenting showcases at Pitti Immagine in Italy, and through Lagos Fashion and Design Week.

Source: Lionesses Of Africa

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