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BBA Reveals Butterphly, Ellah & Alusa, First Three Hotshots

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The first three of this year’s Big Brother Africa reality show housemates have been revealed. This year’s show rescheduled to October has had many news surrounding it.

It started with Ghanaian reps being taken from South Africa and the house which hosts the housemates burning.

However, the housemate profiles are as follow:

Kenya: Alusa, Age: 33

Actor, Radio Drama Director and MC Alusafrom Nairobi, Kenya, is married and has three children.

His favourite food is ugali with chicken stew and traditional vegetables.

His favourite book is TD Jakes’ He-Motions and he likes watching National Geographic, The Exes and Nigerian movies on TV.

On the music front, he enjoys listening to Sauti-Sol, Mafikizolo, P.Square, YoussouN’Dour and Salif Keita. One of his favourite films, Training Day, features one of his favourite actors: Denzel Washington.

Describing himself as ‘ambitious, spiritual, out-spoken, generous and mysterious’, Alusa likes people who are ‘detailed’ and who have a good sense of humour, because he likes to laugh.

He doesn’t enjoy people who ‘emit negative energy’.

He entered Big Brother Hotshots for the exposure, as well as the intrigue of living with total strangers in a closed environment and the desire to share his lifestyle with a huge audience. Alusa is looking forward to having the continent watching him: ‘I’m an artist, a performer, so I love attention. I’m not in the least bit intimidated, in fact, I’m thrilled’

Alusa lists Mombasa and his village of Kakamega as his favourite places in Kenya, because they’re both very exotic in their ways and rich culture. He says the best thing about Africa is the people. ‘Africans are both beautiful in form and diverse culture,’ he says. Outside of Africa, his favourite place is Brazil. ‘Rich culture, beautiful women, sweet samba music, festivals, food – I could go on and on,’ he says.

Uganda: Ellah, Age: 23

Ellahis a Sales Assistant with a BSc in Business Computing from Nsambya, Uganda.

She lists her favourite foods as ravioli, rice and chicken and her favourite books as Think Like A Man, Act Like A Lady, and Nice Girls Don’t Get Rich.

She enjoys watching Reality shows like Real Housewives of Atlanta, New York and Orange County.

Her favourite singers include India Arie, August Alsina, Beyonce, Rihanna and Sam Smith.

Her favourite place in Uganda is the Lake Bunyonyi Resort and she says the best thing about Africa is ‘the warmness of the people’.

Outside of her home country, she says Cambodia is ‘a hidden gem and somewhat a free country’. Ellah has 12 brothers and sisters and says her Mom is her role model: ‘her strength and character captivate me’.

Ellah is most proud of having become Miss Uganda 2013/14 because ‘it was a stiff competition and a strong test for me’.

She was inspired to enter Big Brother Hotshots because of the fact that ‘it unites Africa and also is a platform for me to advance’.

She said she’s ‘super excited and is looking forward to being on the show.

Ellah describes herself as ‘charismatic, bitchy, outspoken, loving and sophisticated’ and says that she’s ‘strong and determined’. She values ‘honesty, charisma and joyfulness’ in others, but dislikes ‘lies and fakeness’. If she wins the grand prize, Ellah will buy cars for her mom and invest the rest in real estate.

Zimbabwe: Butterphly, Age: 24

Butterphly is a Radio, Television Presenter and Producer from Harare.

She lists her favourite foods as meat, pasta with cheese, black-eyed peas and eggs.

Her favourite books include the Bible, The Firm, The Long Goodbye, and the Sherlock Holmes series.

She likes to watch Chopped, 24, Intelligence and Big Brother Africa.

Butterphly entered Big Brother Hotshots because she’d always wanted to be part of a national sports team, but never got the chance. ‘Being on Big Brother Africa will allow me to take the opportunity to market myself and expand my brand’. She says she won’t use ‘backstabbing and cheating’ or immoral and unethical methods to get the prize. If she wins, he’ll send her sister, brother and kids to really good schools, start a chain of unique food, social and fashion hangout joints and take her mom shopping.

Describing herself as ‘unique, feisty, mysterious, fun-loving and witty’, Butterphly says that people are always shocked when they discover that he’s humble, compassionate and kind.

He likes other people with a sense of humour, honour and truthfulness, and dislikes ‘dishonesty and people who pretend to like a person’.

Her mom is her role model: ‘she put her life on pause so ours could play. She’s the hardest working woman I know’.

Butterphly said he draws influence from ‘all sorts of people’. ‘Ordinary, young, dead, legends – in everyone’s life story I try to extract important lessons like resilience, faith, strength etc. I learn as much as I can from the people I meet or read about,’ he said.


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VFD Group Proposes SplitXchange for Financing Nigeria’s Creative Industry

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VFD Group Plc has proposed the introduction of a specialized Exchange that would address the issue of financing in Nigeria’s entertainment and creative industries to bolster foreign exchange earnings and economic development.

Folagbade Adeyemi, the Managing Director of Splitar Limited,  stated this while speaking at the Capital Market Correspondents Association of Nigeria (CAMCAN) quarterly Forum, sponsored by VFD Group Plc.

Adeyemi revealed that the Group is actively pursuing an exchange platform tailored to the media and entertainment sector, offering diverse investment opportunities for both domestic and international investors.

Currently in its development stage, SplitXchange when launched, would offer a platform for financing the media and entertainment industry, among other alternative assets.

According to him, “Seeing the huge potential in alternative assets, Splitar Holdings, through Split Exchange, would drive the alternative assets space with its revolutionary digital exchange.”

He emphasized the potential of this sector to significantly improve the GDP of the country and called for a collaborative approach towards establishing robust frameworks and clear guidelines to support investment in alternative assets leveraging technology.

“Unless we collaboratively set up institutions that can provide data around these asset classes and place a true value on these asset creators to make seeking finance a lot easier, we will not see significant returns.

“A lot of transactions have been ongoing within that space which are not captured within the country’s value chain. That is what SplitXchange seeks to address.”

With Nigeria’s estimated population at 208.8 million people, Adeyemi highlighted the increasing demand for Nigerian content locally and on a global scale.

Speaking on the theme: “Beyond Tradition: Increasing Relevance of Alternative Assets in the Capital Market,” Adeyemi lamented the absence of robust funding pillars in the country.

He emphasized the potential of Entertainment and Media, noting that globally there is an average market size of $41 billion as of 2021 with an estimated growth of 4.2 per cent.

While pointing out investments by Netflix and Amazon, which have churned out blockbuster movies that have gained viewership and streams across the globe, he noted that Nigeria’s biggest investor in the form of Pension Assets was yet to invest in the entertainment or streaming services.

He stressed the need to solve the problems of liquidity, efficiency, and barriers to entry in the country.

“In today’s market, the quick conversion of assets into cash is a challenge due to the absence of a well-structured marketplace that oversees and regulates these assets.

“The automation of processes such as compliance, escrow account management, dividend distribution, corporate action management, and drag-along actions technology presents a significant challenge in today’s alternative market. The high initial cost of assets in this market restricts participation to only affluent individuals and corporate investors,” he said.

He noted that the sector remains excluded from the organized financial sector due to the inability of intermediaries to recognize Intellectual Property (IP) as suitable collateral to access funding. “Projects are financed informally through a network of angel investors, high net worth individuals, non-governmental organizations, government, and personal savings,” Adeyemi said.

Furthermore, he pointed out that investors and asset creators face challenges when seeking investment opportunities or raising capital through traditional financial avenues.

“Traditional financial institutions are ill-equipped to appraise industry opportunities due to poor visibility, data, and income/revenue leakages leading to mispricing through high-interest rates, market illiquidity of associated securities, poor market depth, and lack of accessibility for retail investors,” he said.


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Konga Travel Commences Canadian Visa Services for Professionals and Students

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Konga Travels and Tours, a leading provider of travel services in Nigeria is pleased to announce the launch of its Canadian visa assistance services through strategic partnership with a licensed Canadian immigration company.

Konga Travels is now equipped and in a vantage position to assist clients in realizing their relocation dreams.

The new Canadian visa services cater to the travel needs of diverse category of individuals including students, workers, professionals, and investors looking for new opportunities in Canada.

Applicants can get exclusive packages on business immigration, study in Canada, work permits, as well as visit and tourist visa services with the professional assistance of Konga Travels and Tours.

The Business Immigration visa is tailored to investors interested in conducting business activities in Canada with a pathway to permanent residency. The Study in Canada visa service caters to students aspiring to pursue undergraduate or postgraduate studies in foreign institutions renowned for their academic excellence and global recognition.

Okezie Akaniro, Senior Vice President of Konga Online Limited expressed excitement about the expansion of the company’s service portfolio saying “We are thrilled to introduce Canadian visa assistance services to our esteemed clients because we understand the aspirations of Nigerians seeking to pursue educational, professional, or business opportunities in Canada.

“This partnership underscores Konga Travels’ commitment to providing holistic travel solutions that meet the diverse needs of our customers, with our expertise and strategic collaboration, we aim to simplify the Canadian immigration process and help individuals achieve their aspirations of studying, working, or investing in Canada,” he stated.

Expressing his enthusiasm for the new service, Abiola Bakare, Business Head of Konga Travels and Tours posited, “At Konga Travels, we continuously seek ways to enhance the travel experiences of our customers.

“The introduction of Canadian visa assistance services aligns with our goal of providing end-to-end solutions and simplifying the travel process for our clients.”

Konga Travels and Tours goes beyond processing visa applications. As part of its suite of services, Konga Travels offers flight booking, hotel reservations, and tour packages. Recently, Konga Travels and Tours further enhanced its offerings by partnering with Coronation Insurance to provide comprehensive travel insurance solutions.

For further inquiries, customers are encouraged to contact Konga Travels through any of the official customer touchpoints provided here:

Phone Call: +234 809 460 5555; 0708 063 5700

WhatsApp: +234 (0) 811 211 4488

Email: [email protected]

Facebook: Konga Travel

Instagram: @kongatravel


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5 Strategies to Prevent Payment Delays from Hurting Your Business

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Payment delays pose significant challenges for businesses across Africa. Maintaining a steady cash flow is essential for business growth and sustainability, making it crucial to address late or non-payments from customers.

So, how can SMEs effectively prevent payment delays? Let’s explore five actionable strategies to keep revenue flowing smoothly.

Streamline Payment Processes
Smoother payment experiences lead to prompt payments. Simplifying the payment process for customers by offering multiple payment options enhances convenience and reduces the likelihood of delays. It is important to note that collaborating with a reliable payment gateway is fundamental in achieving seamless transactions.

Embrace Subscription Models

Adopting a subscription-based payment model ensures consistent cash flow and predictability in revenue streams. SeerBit has innovative features, such as partial debits and automatic retries which fortify this model, ensuring uninterrupted revenue even amidst payment hiccups.

Digitize Invoicing

Transitioning from paper-based to digital invoicing eliminates delays caused by delivery hiccups, while also minimizing the risk of lost documents. Digital invoicing not only streamlines payment tracking, but also enhances operational efficiency.

Implement Incentives and Penalties

Introducing incentives for early payments and penalties for late payments encourages timely settlements. Customers are motivated to pay promptly to capitalize on discounts and other special deals, while the prospect of additional charges or sanctions deters delays. Reminder notifications serve as gentle nudges, prompting customers to fulfil their payment obligations promptly.

Proactive Payment Management

Partnering with SeerBit empowers businesses to proactively manage payment collections. With a robust payment gateway offering seamless transactions, recurring payment capabilities and digital invoicing services, businesses can effectively mitigate the risks associated with payment delays.

Conclusion

Preventing payment delays is critical for sustaining business operations and fostering growth. The World Bank predicts that late payments cost the global economy over $40billion every year. By implementing these strategies and leveraging the capabilities of SeerBit, businesses can optimize their payment processes, ensuring uninterrupted cash flow and significant long-term success.


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