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FoneWire
238 posts

FoneWire
@FoneWire
Mobile | Payments | Blockchain | Micro-Lending | Savings | Small Business | P2P
UK | US | SA | NGN | GH | Katılım Nisan 2017
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@afrisagacity Well said! I completely agree… I have experienced this !!!
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I wasn't even using my funds... the US 🇺🇸 government was paying for it all but to get to that point where the MoU was signed and the funds release needed a lot of collaboration with Lagos state government and the Oyo state government... and the National Inland Water Ways Authority.
The plan was to even go further with the dams to see if we can branch out to fisheries and farming with land around most of the dams to set up fish farms, farming catfish.
Then a few years went and I went back and I worked on the technology to retrofit the dams with UK 🇬🇧 & Chinese 🇨🇳 Technologies got all of the private parties lined up but the backhanders killed the project.
And this wasn’t just Nigeria 🇳🇬 , although get the business setup and established was better in Ghana 🇬🇭 , South Africa 🇿🇦 , US 🇺🇸 & UK 🇬🇧, Lithuania 🇱🇹.
But there are a lot of potential in Nigeria still… but it needs a lot of infrastructure investment that private investment & organisations can’t shoulder.
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A few years ago, I tried to do this with Waste in Nigeria- converting waste to Electricity (AirTricity), using the pile of waste and landfills that you see as you enter Lagos state then- with the help of USAID, every one that was involved wanted “something” before they do anything, eventually I got frustrated then the liaison partner stole the idea 💡 and tried to do it, the project failed but I am sure all he wanted was just the money. Every person that made an introduction to someone wanted a “backhand”, this included all of the people in power.
The hope was restart some of the dams located all over the South & environs - like the Ikere-gorge dam, Asejire, Oyan, Abada, Ikoba, Ogbe ((there are 18x dams in Nigeria that have been left to rot since the 70s only 3x are used for power generation- Kanji & Shiroro are the main one working )) and all of the initiatives will be used to then launch 🚀 solar power - using heat create steam and and also small modular nuclear ☢️ reactors as well as magnetic 🧲 power generators. But I think some people are just used to importing generators and polluting the air. I am not even sure our grid will support that amount of power infusion - but if Nigeria wants to be great- basic infrastructure needs to be improved drastically.
Same thing happened with trying to start A Mobile payment system before Flutterwave and the likes boomed.(FoneWire), that’s was supposed to boom into a one super App- insurance, loans, credit, escrow etc powered with free wifi and can even work without bandwidth or data.
Then I tried a newspaper business- (LiteNews)… electricity to print and distribution killed that.
And a credit data company to validate
And an e-commerce marketplace website even before Jumia.
And a jobseeker website before jobberman.
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I wasn’t even using my money… the US 🇺🇸 government was paying for it all but to get to that point where the MoU was signed and the funds release needed a lot of collaboration with Lagos state government and the Oyo state government… and the National Inland Water Ways Authority.
The plan was to even go further with the dams to see if we can branch out to fisheries and farming with land around most of the dams to fish farm catfish.
Then a few years went back and I worked on the technology to retrofit the dams with UK 🇬🇧 & Chinese Technologies got all of the private parties lined up but the backhanders killed the project.
English

@FoneWire @RealOlaudah @whoishabyb Your first idea of Airtricity sounds like a very good idea if only the hurdles could be passed. If you can adjust your model to become profitable for you long term, I think you can go back to it and do whatever it takes to get it running. The goal will be to recoup your money
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First (supervised) FSD approval in Europe!
Congratulations to the Tesla team and thank you to the regulatory authorities in the Netherlands for all the hard work required to make this happen.
Tesla Europe, Middle East & Africa@teslaeurope
De toekomst van mobiliteit is aangebroken FSD Supervised has been approved in the Netherlands 🇳🇱 & will begin rolling out in the country shortly! Trained on billions of kilometers of real-world driving data, it can drive you almost anywhere under your supervision – from residential roads to city streets & highways No other vehicle can do this. We're excited to bring FSD Supervised to more European countries soon
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