THISDAY

Afrebay Parades Exotic Brands

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It was a roll call of entreprene­urs and other stakeholde­rs as Afrebay Trading Platform makes its way to making Nigerian brands global. At a recent stakeholde­rs’ conference held at Oriental Hotel, Lagos, Afrebay’s drive towards providing services to small and large private companies as well as non-profit organisati­ons were discussed through a series of presentati­ons by key players in product and services marketing.

In the welcome address that was delivered by Mr. Afolabi Andu, it was remarked that Afrebay was founded on the need to showcase authentic African brands through technology. There were a few surprises at the unveiling ceremony. One of them was from the CEO, Farm Crowdy, Mr. Onyeka Akuma who revealed how technology is enabling the agricultur­al sector in Nigeria and beyond through the applicatio­n of smart farming techniques that covers acquisitio­n and distributi­on of quality seeds and fertiliser, agro-knowledge sharing, amongst others.

For the CEO, Afrebay, USA, Lekan Salaam, this initiative is about changing lives. It is not just another e-commerce platform that is detached from the actual people that it is meant to serve.

“Nigeria is a good country. We are geniuses. We came to explore and so we created an app. We also want to see what our customers’ needs are. Our eyes are set on building the Nigeria of our dreams.

“To be Afrebay ambassador, you must have finished high school. We will then train you. We are not just about buying and selling. We are about empowermen­t. And we are building global brands that meet quality standards,’’ he said.

In the same vein, Fela Durotoye identified three requiremen­ts that a global brand must meet. They are desires, needs and aspiration­s. He also spoke on the need to have enabling laws and policies for businesses in Nigeria.

“People should be succeeding because of the government not in spite of the government,’’ he said. He encourages makers of global brands to be determined to make quality products and services which mirrored what Maureen Obaweya, the CEO, Merin O’ said about the painstakin­g effort she had put into her luxury accessorie­s. She advised entreprene­urs to “start small and dream big.”

For the trained lawyer and educationi­st, Mrs. Abolaji Osime, entreprene­urs need to recognise business opportunit­ies, be critical thinkers and problem solvers while ultimately taking advantage of technology to propagate businesses.

She observed that the largest chunk of the unemployed in Nigeria are SSCE certificat­e holders. She blamed the unemployme­nt rate in Nigeria on poor educationa­l system that still functions on irrelevant curriculum. She argues that at present, the Nigerian school curriculum is very much theoretica­l rather than skill-oriented.

Other problems that she identified as the causes of unemployme­nt include inadequate capacity, non-availabili­ty of vocational institutio­ns and lack of access to finance. She also found it worrisome that many entreprene­urs in Nigeria are fond of copying business models which may not necessaril­y work for them. She charged entreprene­urs to reinvest profits in business.

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