Remi ADESEUN

@Mishi_2210 34

Show me you're genius Only 1 percent will succeed

@Omokhudu_I @SFHNigeria @AhmedIYakasai @EruchaluKene Thank you, Dr. @Omokhudu_I for building on the vision of @SFHNigeria founding fathers, including the Founding Trustee, Pharm. Dahiru Wali. I remain eternally grateful for the privilege of serving for 8 years as a Trustee alongside PSN Past President, @AhmedIYakasai Viva Pharmacy!

On #WorldPharmacistsDay, we honor leaders in our sector and specially our founder, Pharm. Dahiru Wali. His legacy drives @sfhnigeria’s mission: access to quality medicines for every African. This year it coincides with #UNGA80 on #NCDs, a reminder of pharmacists’ vital role.

@kemiadetiba To Kill A Monkey is the ultimate SCAM movie! Script + Acting + Cast + Music! Wetin?! Most enjoyable movie I've watched in a while. A-Game All Round. 💯💥👍🙌💪

Have you taken June 18th off yet? #TKAMIsComing #ShesBaaaaaack #ToKillAMonkey youtu.be/5QQSIOKu6uY?si…

Congratulations to my son Folajimi, for bringing home the prize! Harvard Grad in the bag. We are mighty proud of you. Finishing strong with a high pass in your Master of Architecture degree is a remarkable achievement. Best wishes for a successful, joyous, & impactful career.

linkedin.com/posts/remiades… Follow up on my recent LinkedIn piece, "Beyond the Headlines: A Smarter Approach to U.S.-Africa Relations", I argue that Africa’s engagement with global powers must move beyond reactionary aid dependency to proactive, strategic investment partnerships.

How DeepSeek Can Disrupt the Global AI Landscape: Lessons from Android and Beyond. Amidst the AI transformation, a new player has emerged: "DeepSeek", a Chinese AI company with ambitions to challenge global incumbents like OpenAI and Google. Read more: radeseun.medium.com/in-the-world-o…

@GSDAfrica @YanivGelnik @yettamwade @pavwins @AfricaCDC @RwandaHealth @giz_gmbh @AfricaHTSummit @IshiRene Hi Rene, Henry, and the rest of Team GSD Africa at #AHTS! It will be a pleasure to connect with you as we launch Phase 2 of our Investing in Innovation (#i3) Program at 2 p.m. on October 30 at MH3 in the Kigali Conference Centre! @AfricaCDC @GatesAfrica @SalientAdvisory @SCIDaR_

Whether you're in healthcare, technology, investment or at #AHTS2024 to learn, connect, and shape the future of healthcare delivery in Africa, our team looks forward to connecting with you. #GSDAfrica #AHTS24 #HealthTech #Drone4Health #DroneTech #DigitalHealth #Kigali #Rwanda

@OtunbaToba @orekelewa_etc "They’re also still investing. In March it was announced that it was among the investors which backed Konexa’s $18million capital raise to facilitate market entry for a renewable electricity trading platform in Nigeria (renewableenergymagazine.com/miscellaneous/…)."

@orekelewa_etc What about Microsoft?

Taking this as an opportunity to do a master thread because I’m tired at this point. We all understand the challenges of operating in Nigeria, the vast majority are neither new nor surprising. Despite this, there are so many distortions and half truths in the discussion that I keep wondering, to what end? Setting aside the impact of dishonest doomsday framing on the Nigerian economy, have people considered the impact on companies trying to sell their goods and services while their customers are being told they’re gone? 1. Unilever first started disposing of product lines in 2021 with their tea business. These moves are to cut unprofitable lines. In 2023, revenue surged by around a third and profit after tax almost doubled. If you have product lines which are a drag on profitability, you either make them more profitable or cut them. Presenting this standard business practice as an exit of the company is bizarre. They’ve appointed Bolaji Balogun (one of my faves) as Chairman now so I’m pretty excited to see where next. uk.investing.com/news/stock-mar… 2. GSK announced their plans to restructure and divest from manufacturing in 2019, announcing Fidson as their local partner (vanguardngr.com/2019/04/gsk-an…). They haven’t directly manufactured in Nigeria since they shut the Agbara plant in 2021. They are moving to third party distribution across several emerging markets (fiercepharma.com/pharma/after-s…). 3. Equinor sold because production was declining in their Nigerian assets. Between 2019 and 2020 Agbami production fell from 36000 boepd to 29000. That being said, the plan to sell was already underway in Jan 2023. This one is sad as we need more CapEx for new fields and to revive existing ones. Equinor had a strong discovery rate and IOCs just have deeper pockets. Hopefully we continue to see other IOCs taking final investment decisions as we’ve seen quite a few this year. nairametrics.com/2023/01/26/why… 4. Sanofi-Aventis was not manufacturing locally. They have handed over exclusive distribution rights for their general medicines segment in Nigeria to CFAO, a French conglomerate, building on a similar arrangement in 20+ other African countries. premiumtimesng.com/news/top-news/… 5. P&G moved to shut its Agbara plant for sanitary towels and diapers in 2018 because they and Kimberly Clark got decimated by Hayat Kimya who entered in 2015, grew volume by 844% within a year of opening their own plant in 2017, and were already at the time being tipped to achieve industry dominance by 2019. See the next tweet for what it looks like when you can’t compete. (nonwovens-industry.com/issues/2018-01…). 6. Bolt decided to exit its food delivery because of poor performance. While the market for food delivery faced challenges, it marked impressive growth in 2023, however the company had struggled to translate its existing transportation networks and heavy investments into market share. According to Bolt’s own communications manager: “the company had managed to control only 5% of the Nigerian market, despite its heavy investments”. (venturesafrica.com/why-is-bolt-fo… / #google_vignette" target="_blank" rel="nofollow noopener">technext24.com/2023/11/11/bol…) 7. Jumia Food, according to their CEO, also exited because they couldn’t compete. In his own words: “we were fighting very hard in a difficult and extremely competitive market with many competitors having very deep pockets and being aggressive.” They took this decision across 7 African markets. Their main competitors: Glovo, Uber Eats and Chowdeck. He further argued that the market is unattractive everywhere: “Food delivery is a market with very low barriers to entry. You need an app that’s working somewhere in the world… So, getting into a new market is ridiculously fast; it’s just a matter of buying market share. I mean, I might be simplifying a bit, but the barriers to entry are usually pretty weak, making it a very unattractive business worldwide.” (techcrunch.com/2023/12/18/jum…)

@OtunbaToba @orekelewa_etc They refuted this claim several times: techpoint.africa/2024/05/08/mic…

@OtunbaToba @orekelewa_etc "Microsoft did not shut down operations in Nigeria. They shut their Africa Development Centre which is a separate venture form Microsoft Nigeria which handles their sales, marketing and and support services - still fully operational."

@mene_tuale @orekelewa_etc This!

@orekelewa_etc I truly laud your writing skill and ability, always saying things as they are. Just like you, I got tired of seeing these skewed narrative of exit by MNCs but just don't have the energy to keep trying to wake a person that is pretending to be sleeping.

8 years on the board of @SFHNigeria, have been some of the most impactful years of my life. It's been a privilege following the footsteps of the founding fathers, with some of the most committed people I know across the board, mgt & staff of the great institution. #Doinggoodwell

Where did you hide this sacred truth before??? Please, this should be treated as a public service announcement of global importance.

Prof. Pate's systematic & collaborative approach to addressing Nigeria's health system challenges is attracting support globally. In the words of World Bank Executive Director, Felice Gorordo, "This is truly Nigeria's moment & we're here to support any way we can." #NigeriaNow

After positioning Nigeria favorably on the world stage at the recently concluded World Bank Spring meetings, it was a pleasure to welcome Prof. @muhammadpate the Honorable Coordinating Minister of Health and Social Welfare back to Nigeria. #NigeriaNow

We agreed that adopting a digital-first approach has great potential to unlock value & improve outcomes for our people & economy. Excited to see what the future holds for Nigeria's healthcare sector! #Nigeria #healthcare #digitalhealth #publicprivatepartnerships #pharmaceuticals

Had an enlightening meeting with the Honorable Minister of State for Health, Dr. Tunji Alausa. Our focus was on strengthening the Pharma industry and fostering public-private integration. @DrTunjiAlausa @SalientAdvisory

@toluogunlesi Hits even harder, with the equally sad parallel of Tayo Aderinokun/GT Bank you remind us of @toluogunlesi May their souls rest in peace

Death is indeed joyless. Once again it has struck at the heart of a partnership that peerlessly redefined Nigerian banking. Herbert died at 57, a year older than Tayo Aderinokun was when he tragically passed away in 2011, while serving as CEO of GTBank. Both men were co-founders of successful Nigerian banking institutions, both lovers and patrons of art, both passionate about investing in education, and building the next generation. Each man was also one-half of a friendship/partnership that will continue to intrigue and inspire. May the souls of the dead rest in peace. Amen.

Thank you, the flight is canceled but for conflicting reasons. Weather? Congestion?