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Technology, Others Cost Nigeria $2.5Bn Tourism Revenue- Robinson

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Cherae Robinson is the founder of Rare Customs, a company focused on embedding American SME’s in emerging market tourism trends. Originally from Brentwood, NY, she is a traveler and connector interested in emerging markets, particularly Africa.
Rare Customs was recently selected as the inaugural winner of the She Leads Africa startup competition for its new consumer product ‘Tastemakers Africa, a multi-platform brand, revolutionizing travel on the continent.
Cherae has spoken at different fora, engaging audiences on African economic trends, African-American issues, travel, diversity in international careers and balancing motherhood and global ambition. In this online interview with peter ugwu, she shared Rare Customs’ vision for the African market. 

Rare Customs & TSTMKRS App
Tastemakers Africa (TSTMKRS) is still in its early stage, we only came up with the concept of launching an app just 6 months ago.
Before then, Rare Customs spent 6 months     putting together a plan for engaging African tourism boards and potentially consulting for them. Once we pivoted towards TSTMKRS we were able to bring a couple of the best     minds in the African startup scene on board as advisors.
Additionally, we immersed ourselves in case studies, data mining, and studying our competition in order to find the right business model, planting seeds for partnership, and making data-based decisions that we knew could last through a challenge.
While it’s certainly a boost for me to receive such a big honor from the United Nations Foundation, the real honor will be gaining the trust and interest of investors so that we can scale the business.
If I had to think of some things we’ve done differently, I’d focus on our ability to be nimble (we have already pivoted some parts of the business), be open (we share our process not just our successes), be connected (we are building partnerships at the outset, particularly on the continent), and most of all be user-focused.

‘She Leads Africa Entrepreneur Showcase’ First Place Winner
It’s interesting; I’m actually new to the tourism industry. I’m not new to travel, I’ve been to 30 countries and counting, but traveling and the business of tourism is very different things.
In Africa, I think my status as a parvenu so to speak is beneficial, it allows me to really create whereas working through the system might not.
Our team gets to experiment, take risks, and disrupt the notion that any conversation involving tourism on the continent must involve an elephant or a lion.
Entrepreneurship in the tourism industry, particularly when Africa is growing in might economically, requires one to have a long strategic vision of how tourism links into this growth and be able to take that vision and turn it into a tangible business model.
You have to have the tenacity to follow-through crises like Ebola which disrupt the industry or scare off investors (that happened to us), the foresight to understand and even predict trends in traveler behavior, and the fearlessness to go against the grain and remain committed even when the gatekeepers in the industry don’t want to let you play in their sandbox.

Assessment of Africa’s Tourism Sector
The sector is ripe for growth and investment but is not without challenges. Issues around infrastructure are well documented but above infrastructure I would put attention to the customer experience.
This December, our team is giving a social media and customer experience training to tour operators in Accra, Ghana (#DecemberInGhana).
We believe that strong digital narratives paired with top tier customer service upon arrival will really help change the conversation. Once this happens, and the number of arrivals increases even in new hotspots, the investment will come. I think there are some really interesting hotspots that are cropping up.
Namibia is doing an excellent job of grouping it’s offering into specific themes like adventure tourism, “glamping”, and really promoting its biodiversity. Senegal is rising high up on the must-visit places with its capital city, Dakar reaching the top 10 of GOOD Magazine’s “Most Inspiring Cities In The World” list. These are good signs.
The next step is for governments to move beyond entrenched ways of operating in the sector and to embrace new players on the scene. Private sector is ultimately what will drive the industry but support at the government level can make the road a bit easier.

Rating of Nigeria’s Tourism Industry
I would place the Nigerian tourism industry as approaching average. The head of the Nigerian Tourism Development Corporation seems to be doing the right thing in thinking about ways to increase domestic tourism in addition to attracting international visitors.
This is key; last February while I was visiting Lagos for Social Media Week, a Nigerian friend and I visited the Badagry point of no return.
My friend hadn’t been to the site since he was just a small child, and his friends almost ridiculed him for taking the time to go.
There’s a lot of work to be done in getting the average Nigerian to see the value in visiting some of the national treasures available to them.
This is similar to what has been done in the United States with respect to new efforts to increase visitors at our national parks. Lack of technology inclusion and infrastructure concerns due to a lack of consistent power or internet in many places is definitely causing significant revenue loss.
The industry is valued at $7 billion and less than 20% of attractions are online. This is not in line with consumer expectations and is hurting the industry. According to Forbes magazine 82% of consumers trust a company more if they are involved with social media.
More than 148.3 million people use the Internet to make reservations for their accommodations, tours and activities. That’s more than 57% of all travel reservations each year according to Statistic Brain.
When you apply this number to Nigeria’s industry where there is a 37% differential in online presence, that’s a loss of $2.59 billion annually.

Tastemakers Africa App
Tastemakers Africa lets users find and buy hip experiences in Africa. The beta version of the app launches on Android and iOs in early 2015 and features 10 cities in Africa.
We chose the launch cities based on where the most cosmopolitan offerings were, where smartphone penetration was the highest, and where tourists are already traveling.
The app is like having a cool friend on the ground who knows all the best parties and restaurants and things to do except it’s an app and all of these things are now at your fingertips. The thing that makes the app special is that it not only lets you browse cool experiences, you can actually purchase them in advance.
Whether it’s dinner for two at a trendy restaurant, a VIP table at a nightclub, or Skydiving over Table Mountain, the Tastemakers Africa app lets users build their own African experience through a distinctive, visual interface.

Tastemaker Africa App Footprint
Partnership is at the core of who we are and we intend to continue building relationships with the right companies and organizations on the continent, international brands that speak to millennial and urban sophisticates are also key for us.
Beyond this we believe in our marketing and user acquisition strategy. We lead with compelling, visual content but are also producing a product unlike anything anyone has ever scene as it relates to Africa.

Existing Gaps in the Market
The primary gaps we see are encouraging domestic tourism, underestimating the diaspora market, and underestimating the power of the millennial generation. Tastemakers Africa will address all of these through the entire platform.

Sustaining The App’s Penetration
Our target user on the continent can see themselves in our product. We tell their stories, we work alongside of them, and we value their contributions.
The version of Africa that Tastemakers is focused on is something people take pride in. Brands like Okay Africa, Applause Africa, and others have tackled this from a media level and we intend to go one step further in bringing “Aspirational Africa” to the tourism space.

App  Content
This statement is so true – that’s why we built TastemakersAfrica.com a companion to the app. The website follows the same categories as the app [Eat, Drink, Do, Rest] but it wraps this within featured content on creatives in the world of film, music, art, etc.
We feature events on our page, plugin to user Instagrams, and really push the envelope on what’s happening.

The App Launch
The app launches in beta mode in Q1 of 2014. You can signup at www.tastemakersafrica.com to be the first to know.


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Climate Action Africa Opens Applications for CAAF24 Deal Room

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Climate Action Africa (CAA), a leading advocate for climate resilience and sustainable development, has announced the opening of applications for the Deal Room at the 2024 Climate Action Africa Forum (CAAF24). The Deal Room is a groundbreaking platform that aims to connect high-impact climate innovators in Africa with potential investors seeking to accelerate sustainable solutions.

The CAAF Deal Room is a strategic initiative that aims to create opportunities for innovators in the climate-tech domain focusing on emission reduction, energy, agriculture, transportation, circular economy, and building and construction.

The goal of the Deal Room is to select finalists who will have the opportunity to pitch their innovative ideas and solutions at the upcoming 2024 Climate Action Africa Forum, which will be held on June 19th in Lagos, Nigeria.

The Deal Room aims to boost investments in Africa’s green economy by galvanising a community of innovators, entrepreneurs, and investors to create applicable solutions that can mitigate the challenges of climate change on the African continent.

The Deal Room session will facilitate financing for solutions contributing to the growth and sustainability of Africa’s green economy. These deals may encompass prize money, equity plans, debt financing, mergers and acquisitions, and other investment options.

“Through the CAAF24 Deal Room, we aim to bridge the critical gap between promising climate ventures and the essential resources they need to thrive,” says Grace Oluchi Mbah, Co-founder and Executive Director of Climate Action Africa (CAA). “By facilitating connections between passionate entrepreneurs and dedicated investors, we can collectively unlock the immense potential of climate solutions in Africa.”

The eligibility criteria for applying include:

●     The company must be African-owned and operate in any of the 54 African countries.

●     It must be a for-profit company, between 1-5 years post-incorporation, post-MVP (minimum viable product), and post-GTM (go-to-market).

●     The company should leverage digital technology to deliver its business model.

●     Female ownership is an added advantage.

 Those eligible to apply include venture capitalists, impact investors, climate tech startups, Green SMEs (small and medium-sized enterprises), philanthropic organisations, and government representatives.

Following the CAAF24 deal-room will be a post-event accelerator in partnership with the Silicon Valley-based Founder Institute and IDEA Africa. This Africa-wide initiative is specifically designed to further accelerate and enhance support for promising Climate Tech startups and founders who participated in the Deal Room.

The official unveiling of this accelerator will take place at the Climate Action Africa Forum 2024 (CAAF24), marking a significant step forward in driving Climate Tech innovations throughout Africa.

Applications for the CAAF24 Deal Room are open from April 22nd until May 17th. Interested applicants can register at https://deal.caaf.africa/register.


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LCCI Urges FG to Simplify Trade Procedures to Boost Economy

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The Lagos Chamber of Commerce and Industry (LCCI) has said that the government needs to simplify and harmonize trade procedures and address bottlenecks in order to boost economic growth in the country.

President of LCCI, Mr. Gabriel Idahosa, gave the charge at a Quarterly media briefing on the State of the Economy yesterday in Lagos.

He said that the government has to create an atmosphere that promotes export growth and competitiveness, which is projected to boost export earnings, raise domestic revenue, improve citizens’ welfare, and increase business productivity.

“We recommend that reforms must include simplifying and harmonizing trade procedures as well as addressing bottlenecks such as port logistics, congestion, and transportation costs. This is expected to position the country as the commercial centre of the region and a springboard into regional value chains,” he stated.

On managing the persistent high inflation, the LCCI president said both monetary and fiscal authorities should focus on the factors driving the inflation rates by tackling the supply-side deficiencies instead of focusing too much attention on the demand-side management.

“We urge the Central Bank of Nigeria (CBN) to continue with its foreign exchange (forex) market reforms with intense discipline, as the high exchange rate against the naira is a major driver of the skyrocketing inflation rates.”

Idahosa acknowledged the improvement in the naira exchange rate in the last few days, moving towards the level of N1000 per dollar or lower.

“CBN needs to sustain its policy and regulatory reforms in the FX market, adopt policies that would attract more FX inflow into the economy as well as build market confidence in the performance of the FX market,” he added.

 


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Dufil Takes Donation of Indomie Noodles Cartons to Vulnerable Communities in Abuja and Environ

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In line with its commitment to provide critical support to indigent members of communities around the country in the face of the ongoing economic challenges, Dufil Prima Foods Limited, makers of Indomie Instant Noodles, in partnership with Golan Helps Abuja Food Bank Initiative (GHAFBI) and Meluibe Foundation on Wednesday, April 17 distributed Indomie noodles cartons to vulnerable communities in Kuje and Kubwa Local Government Areas in Abuja.

With the goal of alleviating hunger and supporting communities across Nigeria, Indomie Instant Noodles has committed to donating a substantial quantity of noodle packs to various NGOs working tirelessly to address food insecurity.

These organizations play a crucial role in reaching remote and underserved areas, ensuring that nutritious meals reach those who need them most.

“We are deeply committed to making a positive impact in the communities where we operate,” said Olusola Olayinka Idowu OON, former Permanent Secretary, Budget and National Planning, and the CEO/Founder of GHAFBI.

“At GHAFBI, we believe that everyone deserves access to wholesome and nourishing food. Our partnership with Dufil Prima Foods to donate Indomie Noodles packs is a big step towards addressing food insecurity and supporting vulnerable communities in Abuja”, said Idowu who was also the former National Conveyor, UN Food System Dialogues in Nigeria.

Speaking in the same vein, Obialunanma Nnaobi-Ayodele, Executive Director, The Meluibe Empowerment Foundation, expressed her gratitude to Indomie Noodles for the partnership. “Our vision as an NGO is to change the world one step at a time, by providing relief and support to vulnerable communities.

This is achieved through collaborations and partnerships, one of which is what we have done with Indomie Noodles. We remain grateful for their support through this food relief initiative”, she said.

By partnering with NGOs, Indomie Instant Noodles works closely with local leaders and community heads in directly engaging with rural communities to distribute noodle packs and provide immediate relief to families facing hunger and ensuring that food assistance reaches those who are most in need, especially in hard-to-reach areas.

“We are grateful for the opportunity to collaborate with NGOs and community leaders to make a meaningful difference in the lives of people facing food insecurity”, said Temitope Ashiwaju, Group Corporate Communications and Events Manager, Dufil Prima Foods Limited. “Together, we bring hope, love and relief for all”.

The community leaders and some of the beneficiaries also expressed their immense gratitude to Indomie for the support, stressing the impact the products donated will have in alleviating hunger in their communities.

Speaking at the outreach centre, His Royal Highness, Muhammed D. Jibril, Community Leader of Gbazango Community in Kubwa Local Government Area said: “I am very grateful to Indomie Noodles for coming to our aid in these challenging times. I pray for more expansion and growth for the business and may God bless Indomie Noodles”.

Other communities who benefited from the product donations include Wunmi, Tondo, Godoji and Shazhi communities in Kuje Area Council of Abuja.

Dufil Prima Food’s donation of Indomie Noodle packs underscores its commitment to corporate social responsibility and its dedication to supporting communities in need. By providing essential food relief, Dufil Prima Foods is contributing to the well-being and resilience of vulnerable populations in Nigeria.

Indomie Instant Noodles remains dedicated to bringing joy to mealtimes and making a positive impact in communities around the world.


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