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Welcome to TU's
Industry Portal

Explore career and innovation opportunities across industries. Become job-ready by assessing and closing your skill gaps. Launch your career with industry challenges and work opportunities. 🚀

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Explore Careers and Industries for Job and Innovation Opportunities

Discover top skills, qualifications, and tips for entry and leading organisations that provide career opportunities. You can also connect with alumni in industries of interest to build your professional network (having a LinkedIn account is required).

Finance

Information Technology

Industrials and Manufacturing

Media & Publishing

Consulting

Fashion, Events, and Lifestyle

Guides and Templates to Get a Job or Start a Business

Access guides for getting a job or starting a business, and templates that you can customise for your job application or business.

Explore and Discover Opportunities across Industries and Careers

Explore more than 50 of the world’s largest and fastest-growing industries for career and innovation opportunities – with resources to learn more on the skills required to succeed in each industry. Connect with alumni in industries of interest to build your professional network.

Become Job-Ready by Finding
and Closing your Skill Gaps ​

Get personalised reports on the state of your employability skills with recommendations for closing your skill gaps. Develop employability and technical skills with industry programmes, learning resources and project opportunities from companies in the industry to become career-ready.

Launch your Career with Industry Challenges and Work Opportunities

Access work opportunities ranging from innovation challenges, placements to full-time jobs offers from Industry Partners providing programmes and opportunities to students. Utilise career resources and templates that you can re-use to apply for job opportunities.

Finance

Overview of the Finance Industry

Finance is not just a department. It is a group of professions with competencies—ranging from accounting, financial and investment planning, banking, insurance—to business financial management. Finance career opportunities are available across all industries and is a required skill in every organisation in the private, public sector and non-governmental organisations. 

The job functions of finance professionals include record-keeping, expense analysis, making investment decisions. And also the strategic planning of the future of an organisation. Finance professionals serve individuals, businesses and a wide range of organisations as in-house staff, auditors, or consultants. 

Pathways in this career cluster include:

  • Accounting
  • Financial Planning 
  • Business/Corporate finance
  • General Banking (Corporate and Commercial)
  • Investment Banking
  • Wealth management
  • Insurance services

The highest paying jobs in a finance career cluster are in investment banking, corporate banking, asset management, financial advisory and brokerage, and private equity.

    • Analysis & Problem-Solving. 
      Companies in a highly competitive industry such as the extractive industry need workers who can break a problem into smaller ones. In addition, they need workers who can examine and evaluate information to conclude and provide logical solutions. These skills give the company a competitive edge.  
    • Continual Learning & Adaptation.
      Rapid innovation and change in technology require that workers learn new skills and adjust approaches, even workflow. Demonstrating that you can go with the flow while maintaining a positive attitude. 
    • Teamwork.
      Team players, people who connect, and make positive contributions to the group, are useful in technical and intensive work associated with the extractive industry. In addition, developing teamwork skills helps work with other workers and regulators.
    • Initiative & Enterprise
      Employees who can recognize opportunities to solve organizational problems and take the initiative will boost the innovative capacity of any team and set the pace for continual learning. 
    •  

You do not need a degree in insurance or finance to work in the industry. However, a first or second degree in the field can provide a competitive advantage for specialisation, especially in the technical areas of the industry. These degrees include Insurance studies, Actuarial science, Accounting and Insurance, Finance and Insurance, Risk Management, Financial and Insurance Mathematics, and Financial Engineering.

Industry bodies and National Chartered Insurance Institutes offer several certificate programmes and diplomas in insurance. In addition, numerous training also exists for specialised fields such as brokerage, underwriting and risk modelling.

 

The banking is open to graduates with financial and non-financial degrees. In addition to roles in finance, banks employ graduates with the aptitude and soft skills for jobs in Customer Support, Information Technology, Business Development, Marketing and Human Resources. Banking-related degrees include Banking and Finance, Accounting, Business Administration, Economics, and Agricultural Economics.

Professional qualifications relevant to the industry; are provided by professional bodies such as the Chartered Institute of Bankers of Nigeria(CIBN), the Institute of Chartered Accountants of Nigeria (ICAN), Association of Chartered Certified Accountants (ACCA), and the Association of National Accountants of Nigeria (ANAN). 

Professional certifications relevant to the industry include Chartered Financial Analysts (CFA), Certified Financial Planner (CFP), Financial Risk Manager (FRM), Chartered Alternative Investment Analyst (CAIA), Certified Public Accountant (CPA), Certified Management Accountant, Chartered Mutual Fund Counselor (CMFC), Financial Modeling & Valuation Analyst (FMVA), 

An MBA programme with a finance specialisation is valuable in the industry.

The easiest path to entering the insurance industry is becoming an insurance agent. It is usually a commission-based job and provides sales experience in the insurance industry. In addition, several insurance companies offer graduate trainee programmes and internship opportunities. 

Relationships and trust are the most valuable commodity in developing markets where business insurance is more common. Working with an insurance brokerage provides a vast opportunity to build relationships across insurance service providers. In addition, post-graduate degrees and professional education can give a leeway into roles such as actuary science and loss adjustment. Some insurance brokerage firms also consistently have openings. Still, the elite firms in developed markets may require graduates with experience working in the industry.

Insurance companies have become more open to InsurTech solutions. These solutions provide advisory, comparison, matching for consumers, and automated claims filing while giving new risk modelling approaches for insurance firms.

Finally, when interviewing for an insurance position, one must demonstrate that they possess the necessary abilities and experience to be a suitable fit for the job. For example, employers looking to fill insurance agent positions want someone committed to finding new customers. They are also seeking someone who knows how to provide excellent customer service.

The top banks run annual graduate recruitment programmes promoted on their social media pages. The application process can take various forms, taking an online quiz or a shortlist of candidates to write aptitude tests through which they select for interviews. Additionally, some banks require selected candidates to meet some targets in fundraising as an entry task to join the bank.

An internship also helps you get a foot in the door. Banks also offer internship opportunities to students, providing an opportunity for early experience in the industry. In addition, it can help build relationships within the bank to take temporary jobs before joining full-time. Recruitment companies that work as staffing agencies for banks provide contract opportunities to work with banks.

Starting your career or having a consulting experience in Big 4 or Big 8 firms such as PwC, KPMG, Deloitte, and EY also provide a springboard to a career in the banking industry. Banks typically hire staff from these organisations into middle and senior roles. Investment banks usually require graduates with prior experience in the financial sector. 

International
Association of Chartered Certified Accountants (ACCA), Association of International Accountants (AIA), Certified Financial Analyst (CFA) Institute, Association of Accounting Technicians (AAT), International Federation of Accountants (IFAC), Institute of Management Accountants, International Federation of Francophone Accountants (FIDEF), The Institute of Internal Auditors (IIA), International Association of Investment Bankers Since (IAIB)

Nigeria 
Chartered Institute of Bankers of Nigeria (CIBN), Institute of Chartered Accountants of Nigeria (ICAN), Association of National Accountants of Nigeria (ANAN), Chartered Institute of Management Accountants of Nigeria, Chartered Institute of Financial & Investments Analysts Nigeria (CIFIAN), Chartered Insurance Institute of Nigeria (CIIN)

 

International
Tidjane Thiam, Janet Yellen, Okonjo Iweala, Warren Buffet, J.P Morgan, James Dimon, Josef Ackermann,

Nigeria Career Champions
Okonjo Iweala, Taiwo Oyedele, Herber Wigwe, Akintola Williams, Jim Ovia

 

International 
World Bank, International Monetary Fund, International Finance Corporation, African Development Bank, 

Nigeria 
Central Bank of Nigeria, Securities and Exchange Commission, Federal Ministry of Finance, Budget and National Planning, Nigeria EXIM Bank,  Federal Inland Revenue Service, Nigeria Deposit Insurance Corporation, Development Bank of Nigeria, Debt Management Office, Nigeria Sovereign Investment Authority, Asset Management Company of Nigeria, 

 

Global Leading Employers, and Companies, Startups
Barclays, Bank of America, Societe Generale, Goldman Sachs, Standard Chartered Bank, Access Bank PLC, Standard Bank Group, J.P Morgan, Ecobank, Morgan Stanley, Zenith Bank, Allianz, The World Bank, Capital One, Wells Fargo, Guaranty Trust Bank, Absa, DeVere Group, First National Bank, American Express, RBC, BNP Paribas, PNC Financial Services Group, BNY Mellon, Chase, NatWest Group, Merrill Lynch,  IFC, SEI Investments, 

Nigeria’s Leading Employers, and Companies, Startups
Bank of Africa, Standard Chartered Bank, Access Bank PLC, Ecobank, Zenith Bank, United Bank for Africa, The World Bank, Guaranty Trust Bank,, First Bank, Union Bank, Polaris

 

 

  • Fintechs as Challengers
    Startups leveraging data and technology are bringing innovations to markets at an unprecedented rate for traditional financial service providers and regulators to deal with. However, several incumbent financial institutions respond by rolling out fintech offerings to their customer base. Some of these are exclusively from them, while others partner with Fintechs.

    Evolving Customer Expectations 
    Customers now expect personalised and instant access to a menu of financial services. They also expect services to be accessible across multiple digital channels and their requests promptly attended to.

    Fraud and Cybercrime
    The financial sector is exposed to several threats from within and outside the financial system. The complexity of fraud and money laundering operations continues to evolve, putting the deposit of customers, operations and reputation of financial firms at risk.

    Underserved Customers
    Agency and digital banking services have helped close the financial inclusion gap in several developing countries. However, most of the population is still underserved due to the lack of robust financial services to cater for their needs. Access to credit at an affordable rate remains a challenge for individuals and small to medium-sized businesses.

    Exposure to Global Risk 
    The connectedness of the global financial system has made economic systems vulnerable to shocks that may come from anywhere in the world. For example, default on loans in the US may lead to a domino effect on financial markets in Europe and catalyse to become a global financial crisis.

    Tougher Regulatory Environment
    The financial sector is highly regulated. In both good and bad times of the economy, the financial sector is a target of increasing legislation and policies and has to adhere to the government’s strict compliance measures. The globalisation of finance also implies that many of them are exposed to the regulatory environment in international markets.

    Legacy Systems
    Financial institutions with a long history of operation are significant players in any nation’s financial service industry. But unfortunately, a majority of them are challenged with legacy systems of existing software, processes, and business infrastructure, which can be challenging to integrate, change or adapt to new technologies.

    The volatility of the World Economy
    From the devastating effect of COVID-19, mounting rate of inflation, fluctuation in the value of currencies and the foreign reserves of Nations, to wars among nations, the financial sector’s stability is threatened by uncertain times.

    • Digitigitisation is on the high in the following areas of finance:

      • AI for interfacing with customers, delivering advisory services, and making product recommendations in banking.
      • The emergence of blockchain technologies for trust management and digital currencies in business finance. 
      • Data-driven decisions such as calculation of premiums based on predictive analytics in insurance.
      • Robotic Process Automation and advanced AI technologies for automating manual accounting processes.
      • Algorithmic stock trading – quants in investment banking.
      • Loan prediction and credit scoring based on historical financial records, behavioural analysis, and big data in banking.
      • Automation of accounting workflows to reduce the burden of manual data entry.

Books

  • How Finance Works: The HBR Guide to Thinking Smart about the Numbers
  • Narrative and Numbers: The Value of Stories in Business
  • Managerial Accounting: Tools for Business Decision Making
  • Cost Accounting: A Managerial Emphasis
  • How to Read a Financial Report: wringing vital signs out of the numbers


Podcasts

  • The Abacus Show
  • ACCA Podcasts
  • From CPA to CFO
  • Cashflow Diary
  • The Economist Podcast


Publications/Blogs

  • CFO Magazine
  • Strategic Finance
  • Global Banking & Finance
  • Financial Planning Magazine
  • Accounting Today


Movies

  • Enron: The Smartest Guys in the Room
  • The Accountant (2016)
  • The Insider (1999)
  • In Debt We Trust: America Before the Bubble Bursts (2006) 


Events

  • World Economic Forum
  • Africa Finance Summit
  • Africa Fintech Foundry/Summit
  • African Insurance Organization Conference and General Assembly

Information Technology

Overview of the Information Technology Industry

Information Technology has become one of the fastest-growing career disciplines due to the numerous career opportunities it presents. In addition to innovation and entrepreneurship, a career in information technology provides immense employment opportunities across all industries. The profession can improve efficiency and empower humans to be more productive in their fields of endeavour. Careers in information technology span from the design, development, implementation, deployment, installation, management and support of hardware, software, and network systems and digital services in other sectors such as education, healthcare, media, commerce, marketing and communications.

Information technology is also one of the most dynamic careers. There is a constant need for continual learning to remain relevant in the industry. Despite the availability of some free and premium training and certifications accessible to people without IT-related degrees, there remains a huge demand for IT professionals and a shortage of IT skills in the labour force. Top IT professionals are a hot cake in the workplace today.

The top career pathways include:

  • IT Support and Services 
  • Networking and Telecommunications
  • Cloud Computing and Infrastructure 
  • Software and Web Development 
  • Database and Data Science
  • Information systems
  • Cybersecurity and Digital Forensics

The highest paying jobs across industries are Big data engineer, DevOps Engineer, Information systems security manager, Mobile applications developer, Applications Architect, Data Architect, database manager, data security analyst, data scientist, network/cloud architect, senior web developer, site reality engineer, systems engineer, and software engineer.

  • A career in information technology will benefit from the following industry skills:

    • Communication: IT is a field of communication, which is why it is referred to as ICT in several climes – most especially in the developing world. IT professionals provide solutions or support others who are not usually as technology inclined as they are. Therefore, being able to communicate provides an advantage for a successful career in the field.
    • Analysis & Problem-Solving: Information technology’s universal appeal is the ability to solve problems in other fields through algorithms that automate expert skills. However, this requires the ability to translate real-world use-cases to codes through a thorough analysis of the requirements collected. It can be quite a daunting challenge, which many times requires problem-solving skills to resolve.
    • Initiative & Enterprise: A career in information technology provides a lot of entrepreneurial entry due to the low entry barrier, especially in software and digital services. Initiative & Enterprise skills give the ability to spot opportunities and find a path towards turning them into a sustainable business. It has made IT professionals one of the most represented groups in the list of the world’s wealthiest people.
    • Continual Learning & Adaptation: IT is a dynamic field. Technologies that seem hot today can be out of fashion in less than half of a decade. IT professionals need to continually learn to stay up-to-date on being proficient in the latest tools of their professional trade. Some of these are available as certifications from leading technology providers or as software updates that now incorporate machine learning which professionals need to adapt.
    • Creativity & Critical Thinking: IT platforms provide a canvas to solve problems. However, your level of creativity and ability to think critically can help you create solutions that stand out in the marketplace amidst a pool of global competition. In a field where critical thinking is required to meet its high demand for logic, a burst of creativity can make all the difference. However, rarely does one go without the other in solving problems.
    • Digital Proficiency: This is native to the field of information technology itself. Key competencies are Coding, Data and Design. Even though IT professionals may not be experts at any of these competencies, they must have a fundamental grasp. The day to day work of IT professionals revolves around them. Networking professionals may sometimes need to write a script in software-defined networking. Cybersecurity specialists may need to analyse data to detect threats. An enterprise information systems analyst may need to come up with diagrams to aid planning software integrations. 

The top career pathways include:

  • IT Support and Services 
  • Networking and Telecommunications
  • Cloud Computing and Infrastructure 
  • Software and Web Development 
  • Database and Data Science
  • Information systems
  • Cybersecurity and Digital Forensics

The highest paying jobs across industries are Big data engineer, DevOps Engineer, Information systems security manager, Mobile applications developer, Applications Architect, Data Architect, database manager, data security analyst, data scientist, network/cloud architect, senior web developer, site reality engineer, systems engineer, and software engineer.

The jobs with the lowest entry barriers are those in customer service. However, graduates from all professions are eligible for management and marketing positions.

Several network companies in this sector do not recruit for technical roles as most of their specialised services are outsourced for management to partners. However, those companies do such technical roles recruitment.  

There are internship opportunities with big telecom companies. However, internships for engineering students do not always provide the necessary skill required. However, suppose you’re looking for technical jobs or internships. In that case, you should look into network equipment and companies that provide telecom network support.

In this field, graduate recruiting opportunities are accessible and are advertised via traditional or social media. Staying in touch with these outlets will help you stay informed about job openings in this field.

Aptitude tests are conducted before the main interview in this industry because many people apply for positions. The aptitude test narrows down the candidates who best fit the available roles before moving to the interview stage.

Telcos are big organisations, but they rely heavily on SMEs as partners to distribute their products. Telcos in Africa outsource their technical services to management partners and rely on other small businesses as their technology partners.

You would typically work in teams that range from research and development, technical installation, sales and marketing to technical support, and possibly design and user experience specialists.

With several telecom companies operating as multinationals, frequent travel is required for some roles. 

It is a highly competitive and fast-moving industry that regularly changes product offerings and customer feedback, which is never late to follow.

Big companies that focus on networks, devices, etc., pay higher salaries than the industry average. These companies also provide benefits like insurance, work leave, teamwork, exposure to new technologies, career growth, etc.

It is a highly competitive industry. Staff are very mobile in the industry, i.e. they move from one company to another. Also, most technical roles are outside the office, i.e. they work outside the typical office space as they often work on-site. Customer Service, sales & marketing, management, Data Analyst roles, etc., work in the office and some work from home.

The typical work hours for a telecommunications administrator are from 9 AM to 5 PM, Monday through Friday, in an office setting. However, longer or different hours may, at times, be necessary.

International
Association for Computing Machinery (ACM), IEEE Computer Society organisations, Association of Information Technology Professionals (AITP), Computing Technology Industry Association (CompTIA), Information Systems Audit and Control Association (ISACA), Network Professional Association, and The Association for Women in Computing (AWC) 

Nigeria
Computer Professionals Registration Council of Nigeria (CPN), Nigeria Computer Society (NCS), Information Technology Association of Nigeria (ITAN), The Institute of Software Practitioners of Nigeria (ISPON)

 

  • Global Career Champions
    Satya Nadella, Bill Gates, Steve Jobs, Sergey Brin, Mark Zukerberg, Sundar Pichai, Larry Page, Michael Dell, Larry Elisson, Marc Benioff.

    Nigeria Career Champions
    Omobola Johson, Mitchell Elegbe, Austin Okere, Juliet Ehimuan, Leonard Stanley Ekeh, Isa Ali Pantami.

     

International 
The International Telecommunication Union (ITU), 

Nigeria
Federal Ministry of Communications and Digital Economy, National Information Technology Development Agency (NITDA), Nigeria Communications Commission (NCC)

 

International 
Google, Microsoft, IBM, Accenture, Oracle, Intel, Workday, Tech Mahindra, Robert Bosch, Apple, Bolt, Amazon, Meta, HCL Technologies, SalesForce, Uber, Bloomberg L.P, SAP, MeltWater, LionBridge, HubSpot, Twitter, Ingram Micro, Dell Technologies, Apple, Infosys, Fiserve, ServiceNow, ADP, Adobe, VMWare, Intuit, SS&C Technologies, Broadridge Financial Solutions, Palto Alto Networks, Paychex, Amdocs, Autodesk, Citrix, Akamai Technologies, Twilo, Palantir, ASML, Qualcom, Boradcom, Tencent, Alibaba, Samsung, Nvidia, Texas Instruments, Meiutan, AMD, Analog Devices, Atlassian, Palo Alto Networls. Dassault Systemes, Candence, NXP, Roper Technologies, TE Connectivity, Arista Networks, Electronic Arts, Veeva Systems, Ericsson, SMI, DXC, NTT, NEC Corp, Fujitsu, Infosys, Tata Consulting Services, HP Enterprise, Capegemini, Cognizant

Nigeria
Softcom, Sidmach Technologies, Zinox, Vatebra Limited, Quanteq Technology Services Ltd, Chams, BlueChip Technologies Ltd, Infrafocus, Datapro, Cedarview Communications, IHS Nigeria Ltd, Webb Fontainne, VAB Alliance, Truthware, Terragon Group, Tech Hive Advisory, SureBids, Parkway Projects,  Centric Gateway, Cedarview Communications, Suburban, Main Data, Main One, Whoghohost, Cyberspace, Cyberpay, Cybercloud, Connected Analytics, Rack Centre, Appzone, Seamfix, INT Towers, INITS, Afmobi, Avrya Systems Ltd, Appruve Technology, Comviva, CWG, CBC, CELD, Dragnet, Dataguard, EBS, Galaxy Backbone, Huawei Technologies, Gigasec, Infobib, Inlaks, Interswitch, Mainline Digitech, Nokia Siements, Netzplan Resources.

 

  • Shortage of Talent: the rapid growth in digital technologies across industries has led to a rise in the demand for jobs in the development and management of IT systems. Innovators are creating programmes outside formal education to accelerate the transition into tech careers by closing the knowledge gap and collapsing other barriers to entry.

    Skill Gaps: the rate of change within the information technology industry and its impact on other sectors make continual learning adaption through re-skilling and upskilling crucial for tech and other workers. Platforms to assess staff skill gaps and provide targeted training modules are becoming increasingly available.

    Retention of Talent: the challenges posed by the shortage of talents and skill gaps have made the competition for talent intense and challenging for employers to keep staff. Remote work has allowed employers to widen their talent pool and hire remote staff at salaries at competitive rates in their countries, though comparatively less in the technology hotbeds.

    Fake Content: this extends from fake news to deep-fake content generated by machine learning technologies fuelled by virality in an age of social media to threaten harmonious living in communities and the democracies of Nations. Companies have responded with content filtering algorithms and personnel and empowered users to report such content.

    Widening Technology Gap: there is a big divide between infrastructure investments and human capital between developed and developing countries. Only a few nations take the lead as producers, while others play catchup as consumers of technology. These have led some governments to respond with protectionist policies in managing their IT infrastructure and storage of data.

    Business Continuity and Disaster Recovery: the high rate of dependence of every facet of our society on information technology has made IT infrastructure critical. Downtimes lead to loss of business and can be costly to human lives. Therefore, backup and protection of IT infrastructure have become a priority for the government of many nations.

    Rise in Cybercrime: data, IT infrastructure and users are increasingly vulnerable to bad actors who use technological and social engineering tools to gain authorised access to data for malicious purposes. These have led to the rise of the cybersecurity industry, which offers proactive and responsive solutions to cyber threats and attacks.

    Uncertainty on the Impact of AI: artificial intelligence’s potential to replicate human-like intelligence in several activities can be disruptive to billions of jobs. In a bid for efficiency and cost savings, private-sector employers are increasingly investing in such IT systems to be competitive. Upskilling employers for new jobs created by information technology can mitigate these threats. 

    Ethical Concerns: artificial intelligence empowers machines to make decisions on the Warfield. This will also apply increasingly to our everyday lives with driverless car insight. Another critical area is gene sequencing. The ethical implications of empowering artificial intelligence to make these decisions and determining what decisions they will make at crucial moments are rekindling the debate about right and wrong.

    Governments and Regulations: technology companies have come under the radar of several governments for their business practices. Governments are increasingly using the data from IT companies to create surveillance systems and cracking down on citizens based on their access to data.

Books

  • The Innovators by Walter Isaacson
  • Business at the Speed of Thought by Bill Gate
  • Information Technology Essentials Eric Fric
  • The Soul of a New Machine by Tacy Kidder

Podcasts

  • Technovation
  • This Week in Enterprise Tech
  • Supporting IT Support
  • a16z


Publications/Blogs

  • CIO
  • WIRED
  • Techcrunch
  • Techpoint
  • Disrupt Africa
  • TechCentral
  • My BroadBand


Movies

  • The Social Network
  • Minority Report
  • Her
  • The Internship
  • 2001; A Space Odyssey


Events

  • Informa AfricaCom and other Regional/National Com events
  • IoT Forum Africa
  • Digital Payments and e-Commerce Africa Summit and Expo (Pay Africa Expo and Summit)
  • African Drone Forum
  • Consumer Electronics Show

Industrials and Manufacturing

Overview of the Industrials & Manufacturing Industry

The industrial industry involves fabricating products intended for industrial use from raw materials. The output of this industry makes mass manufacturing possible in most sectors. It produces machinery such as hardware, paper and packaging materials, glass, and fixtures. Among the businesses that the industry engages in are the production and selling of machinery, supplies, and equipment used to produce other goods. The products are not geared towards the end consumer.

The Manufacturing Industry deals with the large-scale production of goods that converts raw materials, parts, and components into finished merchandise using manual labour and machines. Today, manufacturing utilises machines, robots, computers, and humans to produce parts or ready goods. Typically, an assembly line enables creating of a product, moving from one workstation to the next.

The Manufacturing industry is divided into heavy, or large-scale, and light, or small-scale industries: 

  • The large-scale industry involves a significant investment in plants and machinery. It serves a vast and diverse market, including small scale manufacturing industries. The industry generally has a complex industrial organisation and specialised labour force, generating a large output volume; examples include crude oil refining, steel and iron manufacturing, vehicle manufacturing, and heavy machinery manufacture.
  • Light or small-scale industry involves smaller capital investment in plants and equipment. It may involve nonstandard products, such as customised or craftwork. The labour force may be low-skilled in textile and clothing manufacturing, food processing, and plastics manufacturing.

Industrial equipment can also be grouped into seven different segments. Agricultural, construction, mining, industrial, commercial and service machinery are all special-purpose machinery designed for a specific industry. The four other segments include machinery used by all sectors: ventilation, heating, cooling, metalworking equipment, engine and engine-related equipment, and other general-purpose machinery.

Production:
Manufacturing and production are synonymous for a lot of people. Production involves creating and assembling goods. A career in production is suitable for innovative people who like to bring designs to life. Examples of roles in this pathway include CNC Machinists, Welders, Automotive industry workers, Production Supervisors, Metalworkers, Certified Production Technicians and Precision Machinists.

Manufacturing Production Process Development:
This pathway includes the design sector of the industry, a necessary component in producing manufacturing goods. Professionals in this pathway design the goods and develop and program the production processes. Additionally, they interview their target customers. They also evaluate the current market for a product and gather feedback from consumers. Careers within manufacturing production process development include Industrial Designers, Industrial Engineers, Engineering Technicians, Research Analysts, Manufacturing production supervisors etc.

Logistics and Inventory Control:
Logistics involves the planning and moving of materials to and from manufacturing sites. Like logistics, inventory control involves organising the transportation, receipt, and delivery of materials and products, from acquisition to distribution. 

Careers in this pathway include: Shipping and Receiving Specialists (and Supervisors), Inventory Control Specialists, Industrial Traffic Managers, Inventory Managers, Supply Chain Specialists/ Analyst, and Logistician.

Quality Assurance:
Quality assurance professionals are critical in the industrial & manufacturing industry. They help ensure that the production and output of goods meet high-quality standards and specifications. These professionals may test manufactured goods/machines to ensure they work and are correctly assembled. In addition, they may also write the rules for quality for a company or product. Customer satisfaction is their priority. Examples of careers in this manufacturing career path are Quality Controller, Quality Supervisor, Receiving Inspector, Manufacturing Quality Inspector, Supplier Quality Assurance Supervisor, Quality Auditor, and Quality Customer Service Representative.

Health, Safety, and Environmental Assurance:
This career pathway involves ensuring workers’ and products’ safety. These professionals conduct safety and health inspections within the workplace and ascertain it is safe for employees. In addition, they teach employees safe working practices, train them on equipment and emergency procedures, and implement incident and hazard investigations as needed. Furthermore, some professionals will confirm that consumers can use goods safely. Roles in this pathway include Health and Regulatory Inspectors, Industrial Safety and Health Technicians, Environmental Engineers, Health and Safety Engineers, and Safety Supervisors.

Maintenance, Installation, and Repair:
Manufacturing processes involve high-tech tools, machines, software programs, and equipment. As a result, skilled professionals must ensure these various technologies operate smoothly. They install and onboard machinery. Additionally, they regularly test machines, evaluate the performance of tools, and upgrade software programs. Furthermore, they troubleshoot any problems and recommend new tools and technology. Their work is vital for employees’ safety and production quality. Career pathways in this cluster include System Setup Specialists, Manufacturing Repair Technicians/Manufacturing Test Engineer, Computer Maintenance Technicians, Maintenance Supervisors, Steamfitters, Pipefitters, and Millwrights.

The Highest Paying Jobs in the industry include:
Manufacturing Manager/Industrial Production Manager, Operation Manager, CNC Manufacturing Engineer, Information Technology Manager, Human Resources Manager , Mechatronics Engineer, Mechanical Engineer, Manufacturing Test Engineer, Plant Engineering Manager

    • Analysis & Problem-Solving
      Employers love problem solvers, and hence, your need to be able to proffer solutions to challenges as they arise in the workplace. Therefore, you must be able to spot, analyse and give answers to problems. 

    • Creativity & Critical Thinking
      Working in this industry requires you to be able to think creatively and critically. While it is true that workers follow orders from their superiors in this industry, creative solutions and ideas are also appreciated as it gives a new way to do things. Employers value workers who can analyse situations at work, see problems or errors, and then propose solutions to them. You must think critically to spot things that aren’t working or when something that used to work no longer work. You must be able to profer solutions to them or liaise with your team to solve such problems.

    • Continual Learning & Adaptation
      Workers in this industry must keep up with skills as the business evolves and more industrial and manufacturing organisations embrace automation. Continuous learning can help you stay relevant in the field; some individuals in this area are losing their jobs worldwide due to industrialisation and a lack of skills to fulfil demand. Learning and adapting to changing trends, technology, and other factors can help you stay relevant in this field.

    • Teamwork
      How well do you collaborate with others? In this industry, your ability to connect and collaborate with people is also highly valued, as several operations require collaboration with other team members. To enhance project productivity and success, you must be able to collaborate with other industry professionals.

    • Planning & Organisation
      There is always a variety of activities going on at work, most of which have various priorities. Identifying project priorities in the short and long term and building a feasible plan to complete the tasks entrusted to you is key to success in the job. To achieve a goal or aim, workers in this industry must be able to manage time, tools, and resources successfully.

    • Digital Skills 
      Having digital skills will give you an edge in this industry. The industry is evolving with the adoption of technologies. Therefore, the automation of several processes, such as automation and data analysis, is relevant. Furthermore, learning and gaining digital skills like Inventory Management System software, Data Analytics, Digital marketing, etc., would help this industry depending on your career cluster. 

A majority of frontline careers in Industrial & manufacturing don’t need a university education. The most common degrees for hands-on workers involved in the day-to-day affairs of Industrial/manufacturing companies are secondary, technical and polytechnic education. It is an industry where experience is highly valued. Careers in production are varied, and entry-level positions require different educational degrees. Industrial production employees create and maintain efficient operations or ensure safe working conditions that meet strict regulations. 

For graduate careers in the industry, relevant degrees include Industrial engineering, Systems Engineering, Mechanical Engineering, Chemical Engineering, Electrical Electronics Engineering, Computer Engineering and other technical degrees.

Some postgraduate programs include MSc Advanced Process Engineering, MSc Production Engineering and Operations Management, MSc Industrial Control Engineering, MSc Mechanical and Manufacturing Engineering, MSc Mechatronics, MSc Product Design, Engineering & Manufacturing, MSc Process Systems Engineering, MSc Chemical Process Engineering, MSc Industrial Engineering, MSc Process Safety, MPhil Industrial Systems, MSc Manufacturing and Management, MSc Logistics and Supply Chain Management, and MSc Operations Management.

Here are some certifications courses you can take:

Certified Manufacturing Engineering Certification, Certified Production Technician, Certified Automation Professional, Quality Engineer Certification, American Society for Quality Certification, Project Management Professional, Certified Associate in Project Management (CAPM), Project Management Professional (PMP), Business analyst certifications, Certified in Production and Inventory Management (CPIM), Certified Supply Chain Professional (CSCP), Certified in Logistics, Transportation, and Distribution (CLTD)

You may have heard that industry & manufacturing jobs entail producing boxes/products/pieces of equipment, packing & transporting industrial products, and sweating while operating heavy machinery and equipment. However, that is not entirely accurate; you can take various career paths in this industry, so research what the job entails before applying for jobs or graduate programs. Then, if the position aligns with your career plan, apply. 

Some production jobs in this industry do not require a degree. In contrast, other management, administration, or specialised production roles might require a formal degree.

Companies in this industry send out job vacancies on their official website. In addition, to recruitment agencies, it will be of help to check such channels to get updates about available jobs. Also, recruitment is done based on referrals, so connecting with people in the industry would help secure a job. 

Interviews are done for potential employees in this industry, especially for specialised roles and jobs that require a degree. For example, for some workers in the production units, all that is needed might be a written application and being physically fit. Then, they are hired, but for some roles, technical, administration, Marketing, etc., interviews are conducted for applicants to select the best hand for the job.

Industrials and manufacturing companies are usually the largest or one of the largest employers. Though many industrial & manufacturing processes have become automated, there are still a lot of activities done and operations coordinated by humans that make work in the industry highly demanding. This makes the industry require a sizeable number of workers compared to other industries. 

Workers earn salaries based on their education and location, but work experience is crucial for technical roles and a key consideration for compensation. 

In most manufacturing setups, most production workers work on contract and may receive hourly, daily or weekly wages. Experienced technicians usually manage the machines, while workers may work on sorting and product labelling tasks. Most of these jobs are repetitive, require following instructions strictly and may require spending most of the time on one’s feet while being safety-conscious. In addition, workers work based on shifts, and some might need to work at night to keep up with production.

Administrative and management staff work in offices that are often outside their manufacturing and industrial operations. Also, you can pursue several career paths in this industry, contrary to the belief that jobs in this industry are mainly fabrication and production work. There are other career paths in administration, finance, human resource, marketing, etc., that career seeker can pursue in this industry.

Employers in this industry provide health insurance cover for their staff. In addition, working in this industry opens you to learn about new technological tools and how to use them. As technology advances and new tools are being introduced in the workspace, companies often hire instructors to train their staff on using new technological tools. Again, this helps build your skillsets.

Another peck of working in this industry is working with a team; this allows you to interact and rubs minds with others while working towards productivity. Again, this allows for human interaction, making work more fun and productive.

Another perk of working in this industry is working with a team; this allows you to interact and rubs minds with others while working towards productivity. Again, this allows for human interaction, making work more fun and productive.

International
Association for Manufacturing Technology (AMT)
IEEE Electronics Packaging Society
Robotics and Automation Society (RAS)
Institute of Industrial and Systems Engineers (IISE)
Society of Manufacturing Engineers
American Society for Precision Engineering (ASPE)
Manufacturing Council (USA)

Nigeria
Manufacturing Association of Nigeria, NECA (Nigerian Employers Consultative Association), SMEDAN (Small and Medium Enterprise Development Agency of Nigeria), NASSI (National Association of Small Scale Industrialists), Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA).

 

  • James Dyson

    Nigeria
    Innocent Chukwuma , Kofo Akinkugbe, Ibukun Awosika, Abdul Samad Isyaku Rabiu, Theophilus Danjuma

     

International 

  • UNIDO | United Nations Industrial Development Organization

 

Nigeria
Federal Institute Of Industrial Research Oshodi, Project Development Institute (PRODA), Raw Materials Research and Development Council, National Agency for Food and Drug Administration and Control, Standard Association Of Nigeria (SON), Institute for Industrial Technology, National Automotive Council, National Centre for Agriculture Mechanization, National Steel Raw Materials Exploration Agency.

 

International
Apple, Toyota Group, Samsung Electronics, Nestle, Nissan, Intel, Lenovo, IBM, Unilever, PepsiCo, Hoffmann-La Roche, Procter & Gamble, Hengli Group, General Motors, BMW, Cardinal Health, Nissan, Hitachi, Bosch, Aviation Industry Corporation of China, Lockheed Martin, Boeing, Volkswagen Group, Honda, BASF, Sinochem, ChemChina, General Electric, Sinopharm, Hoffmann-La Roche, Enel, China Baowu Steel Group, Airbus, Ford, Foxconn. Johnson & Johnson, Daimler, Hon Hai Precision, Daimler, Hon Hai Precision Industry, Honey Well, Union Pacific, Dow Chemical, Tesla, SAIC, Mitsubishi, BMW, Huawei, LG, HP, Coca-cola, Nike, L’Oréal, Imperial Brands, PLC, Danone, Tyson Foods, Nike Inc, Kraft Heinz, Altria Group, Adidas AG, British American Tobacco PLC, Whirlpool Corp, General Mills, Compagnie Financiere Richemont SA, Pernod Ricard, Johnson & Johnson, Heineken Holding NV, 3M Co, Nestlé SA.

Startups
Edita Food Industries, Dolidol, KS Africa, JET Motor Company, Si-Ware Companies, Reibus International, Atonarp, Seeq, Triax Technologies, Inc., Uptake Technologies, Dodla Dairy, Relativity Space, Blue Origin, SiFive, Lightyear.

Nigeria
Dangote Group, BUA Group, Lafarge Cement, Tacna Services, Nexans Nigeria, Innoson Motors, Techo-Quip Nigeria Ltd, Starron Nigeria Ltd, S. Adiss Agricultural Engineering Limited, Nigeria Machine Tools, Eldorado Nigeria Limited, Bafrad Nigeria Enterprises Limited, Microscale Embedded Ltd, Skipper ETS Electric Limited, Diamond Power Control Inc, Cutler-Hammer Nigeria Limited, Fuseline Nigeria Limited, Nobel Carpets, Mouka Foam, Vita Foam, Nigerite, Xpression (Solpia) Nig Ltd, Daily Needs Industries, Sunflag, Tranos, Padson Industries, Lubcon, Teju Industries, Vono, Aristocrat industries, Berger Paints, IPWA, Covenant Ground Group, Covenant Ground Group, Desopas Engineering Limited, Emel, Enpee Group, Feratto Industries, Zarem, African Textiles, Chellco, Bata, APIN Footwear, Iddo Plastics, Pitason, Yikodeen, Alooms, Cresten.

Many companies in Nigeria’s fast-moving consumer goods industry manufacture their products. These include Unilever Nigeria Plc, Nestle Nigeria Plc, Nigeria Breweries Plc, PZ Cussons Nigeria Plc, Flour Mills of Nigeria, DUFIL Prima Foods Limited, United Africa Company of Nigeria, Guinness Nigeria Plc, British American Tobacco, Chi Limited, Beloxxi group, Vital Products, Sona Agro Allied Foods Limited, Dansa Foods Limited, Yale Foods Ltd, La Casera Company Plc, OK Foods Limited, Friesland Campina Wamco Nigeria Plc, NIJI GroupZubee International Company Limited, DuFil Prima Foods Plc, Be Global Food FZE (BGF), Conserveria Africana Limited, Nutri C, Apples and Pears Limited.

 

    • Automation
      The automation of the industrial goods industry has aided in increasing efficiency, preserving production stability, and enhancing workplace safety, among other things. Still, it has also resulted in many industrial employees’ employment loss. As more businesses automate parts of their operations, most industrial workers are concerned about job loss due to technological improvements. Moreover, some employees believe that technology will never be able to replace the human mind.
    • Healthcare Cost for Workers
      Another problem the industry faces is keeping up with changing and rising healthcare costs. As healthcare costs rise, industrial businesses find it increasingly difficult to manage their budgets. For example, in the United States, manufacturers pay for their employees’ healthcare. However, it is no longer practicable as expenses increase, and there are no viable alternatives.
    • Inventory Management
      Although automated technologies have made inventory management much more accessible, it remains one of the most demanding tasks in the industrial industry. Despite this, many manufacturers, particularly small ones, manage their supply by hand. Inventory management is a time-consuming task. However, that can be aided by software. Manual stock checks are inefficient and prone to errors, leading to inaccuracies, shortages, overstocking, and unidentified damages.
    • Shortages of skilled workers
      It is a significant issue for many businesses, but manufacturing is particularly impacted. As the baby boomer population approaches retirement, skilled professionals in numerous industrial goods and manufacturing companies are in great demand. While some mechanised activities and machine sensors have become more ubiquitous, millennials with technical skills and knowledge still need to replace the retiring workforce.
    • High Exchange Rate
      The sudden rise in the exchange rate has damaged the industrial & manufacturing sectors. The prices of goods or raw materials have tripled or quadrupled. As a result, manufacturers are forced to reduce their product sizes or increase their prices. It has strained the consumers and the manufacturers.
    • Infrastructural Challenges
      The Manufacturing industry in Nigeria has many infrastructural challenges. A crucial issue that hinders manufacturers in Nigeria is the inability to access an uninterrupted power supply. There has been a massive decline in electricity supply across the country that has further affected the industrial and manufacturing companies in the nation. In addition, alternative power sources like Diesel generators can exorbitantly increase the cost of production. Other infrastructural challenges include bad roads and poor storage facilities.
    • Inconsistent Government PoliciesChanging government policies has challenged Nigeria’s manufacturing industry and inexistent industrial segment. Poor access to foreign exchange to import goods, lax enforcement of protectionist policies and bottlenecks in the importation of machinery have made the business environment challenging for local manufacturers and industrialists are no longer competitive with importers of the same goods.
    • Challenges in the industry include a lack of skilled employers, high exchange rates, infrastructure challenges, poor distribution, 

      Here are innovation opportunities in the industrial and Manufacturing industry which include:

      Artificial Intelligence
      Factories are integrating AI across their production systems and processes. Advanced AI allows for predictive maintenance, cognitive computing, swarm intelligence, context-aware computing, smart machines, hardware accelerators, and generative design. 

      Human Augmentation 
      The physical and cognitive augmentation of humans is a significant industry innovation. Technologies like wearables and exoskeletons are augmenting human limitations. Furthermore, industrial mobile devices, natural and intuitive UI, and portable machine control screens enhance the ease of using such technology. 

      Extended Reality (XR)
      The industry already uses XR technologies like mixed reality (MR), augmented reality (AR), and virtual reality (VR) in the research and development (R&D) to full-scale production and post-production processes. It is changing the way industrial manufacturing systems function. The nature of human-machine interaction is aligning more toward machine-enabled workers.

      Internet of Everything
      The machine-machine, human-machine, and human-human real-time connectedness together comprise the internet of everything in manufacturing. It includes IIoT, internet of skills, internet of services, internet of systems, and shop floor IoT. The internet of everything combines real-time data, machine intelligence, and human skills, resulting in faster, efficient, and cost-effective manufacturing processes.

      Edge, Fog & Cloud Computing
      The immense amount of data generated by the industrial internet of things (IIoT) is propelling the adoption of edge, fog, and cloud computing capabilities in the industrial manufacturing Industry. As a result, custom hardware and software solutions like connected clouds, distributed clouds, distributed compute and storage, hybrid computing, low code development platforms, microservices, mobile computing, and multi-access edge computing are shaping this industry.

      Advanced Robotics
      Advancements in robotics make the Industrial and Manufacturing industry processes faster, more efficient, and safer. The most prominent robotic technologies impacting manufacturing include autonomous robots, collaborative robots (cobots), autonomous mobile robots, humanoid, mobile robots, cloud robotics, APIs, pick and place robots, and robot swarms. Robots offer higher precision and agility while improving the capability of rapidly developing customisable robots. Robots also free up time for the human workforce to focus on other non-repetitive or high-value tasks.

Books

  • All About Pull Production by Christoph Roser, John Shook
  • Managing Supply Chain Risk and Disruptions (Post COVID-19) by Aravind Raj Sakthivel, Jayakrishna Kandasamy, J. Paulo Davim
  • Industrial Engineering by Mario Fernández
  • Organisational Behaviour and Human Resource Management 
  • Input-Output Models for Sustainable Industrial Systems by Raymond R. Tan, Kathleen B. Aviso, Michael Angelo B. Promentilla, Krista Danielle S. Yu
  • Maintenance and Reliability Best Practices by Ramesh Gulati
  • Lessons from the Titans by Scott Davies
  • Toyota Kata by Mike Rother

Podcasts

  • Making Chips
  • The Sound of Automation
  • In Machine We Trust
  • Manufacturing Happy Hour
  • Augmented
  • The Manufacturing Executives
  • Solution Podcast
  • The Future is connected

Events

  • AfricaBuild
  • Complast South Africa
  • Manufacturing Association of Nigeria Event
  • EMWA – EQUIPMENT & MANUFACTURING WEST AFRICA
  • Digital Africa Conference
  • Lagos International Trade Fair
  • Ceramica West Africa
  • Nigeria Build Expo
  • Mega Clima Nigeria 2022
  • Agra Innovate West Africa
  • Propak West Africa

Movies/Documentary

  • Master Hands
  • America Factory
  • Manufacturing Dissect
  • The Promise Land
  • Detropia
  • Heavy Rescue: 401

Guides/Publications

  • The Manufacturer
  • Industry Week
  • Advanced Manufacturing
  • Trade magazine
  • Venture Beat

Media and Publishing

Overview of the Media and Publishing Industry

The Media industry encompasses professionals and companies that produce, publish and distribute information. It involves traditional and digital media channels such as prints, radio, television, billboards, digital devices and the internet. The distribution of content through the internet across digital devices is known as new media. It can have interactive features to be more engaging to audiences. Public sector organisations that regulate the media and providers of services such as public relations and audience engagement measurement are also active players in the media industry.

The publishing industry traditionally involves creating and distributing printed works, such as books, newspapers, and magazines. However, with the advent of digital information systems, the scope has expanded to include electronic publishing such as eBooks, academic journals, micro-publishing, websites, blogs and video game publishing. 

Public relations firms help manage and improve businesses or brands’ Credibility across industries. Public relations support the orientation of people’s thoughts about an industry. PR professionals help organisations gain a competitive edge by influencing connections and creating stronger brand credibility by focusing mainly on the right audience for better company growth.

Many careers in the media and publishing industry are available to graduates. Roles include Media Researcher; Editor; Content Writer; Graphic Designer; PR Specialist; Digital Producer; Video Editor; Social Media Specialist; Radio Show Host – On-Air Personality; News Anchor; Translator/ Interpreter; Journalist; Photographer; Brand Strategist; Web Developer/Publisher/Manager; Literary Agent, Editor, Proofreader, Book Designer, Publishing Manager; Advertising Manager; Sound Engineer; Blogger; Publisher, Book Buyer and Publicist, Production Editors, Copy Editors, Literary Scouts, Book Editor.

According to ZipRecruiter, the highest paying jobs in the media, punishing and public relations industry include: media consultant, digital media buyer, sports analyst, media producer, advertising sales director, social media manager/consultant, brand manager, news director, broadcast producer, technical writer, and video editor.

    • Communication & Persuasion
      Media professionals must be able to express themselves clearly in speaking, writing or any other form to inform, educate or persuade their audience to action. In addition, they must be able to communicate facts with data and empathy as they may be required.

    • Creativity & Critical Thinking 
      The Media industry demands a lot of innovation and originality in content and presentation. Therefore, a media and publishing professional must be highly imaginative and creative. In addition, a creative professional able to link previously existing ideas has a competitive edge. 

    • Professionalism & Industry Awareness. Media Professionals are public figures who are instrumental in shaping the culture of communities. Media companies want employees who demonstrate integrity, command respect and good character through communication, dressing, punctuality and relationships. In addition, professionals in the industry must be conversant with plagiarism, copyright, and other literary rules that can damage the reputation and hinder the profitability of their companies.

    • Networking & Teamwork 
      The media and publishing industry provides a lot of opportunities to build relationships. For example, connecting with news sources, producers, publishers, and book distributors. Media professionals always need collaboration to function effectively. From gathering information or news sources to receiving feedback on a project or doing research, media and public relations professionals need others to complete a task.

    • Continual Learning & Adaptation
      These skills are essential, especially when reporting on a new subject matter. It is important to learn quickly. It is a fast-paced industry; it is crucial to adapt to new work environments and digital platforms such as TikTok, Twitter etc.

    • Digital Skills in the Industry
      The most relevant digital skills in the industry are content development and social media communication. Media professionals need to be social media savvy and use content management systems and writing tools like plagiarism checkers, editing software, etc.

Here are degrees native to the media, publishing and public relations industries. Many tertiary institutions offer first degrees in the following:

Mass Communication, Communication & Mass Media, Journalism and Mass Communication, Communication and Media, Journalism and Media Studies, Journalism, Digital Journalism, Journalism (Broadcast), Digital Media, Communication and Language Arts, Arts and communication, Literature in English, English, Radio and Television Production, Public Relations, Public relations journalism, Communication and business marketing, Advertising, Communication and Media, Advertising and marketing, Digital Advertising, Film and Multimedia Studies, Development Communication Studies, Information and Media Studies, Strategic Communication.

A post-graduate degree in the following can aid career progression, especially for roles that require specialisation. In addition, a second degree in the following can be helpful.

Mass Communication, Journalism, Sports Broadcast Journalism, Post Production Editing, Publishing, International Journalism, Creative Writing and Publishing, Digital Journalism, Journalism and Media Communications with Advanced Research, Investigative Reporting, Global Journalism and Public Relations, Investigative Journalism.

The easiest way to start a career in the media and publishing industry is to get a degree in Communications or related fields such as English, literature and journalism. Writing and reporting for campus magazines, TV, or radio may provide enough work experience for many entry-level and middle-level positions, especially in companies that value volunteering. Nowadays, social media platforms such as YouTube, LinkedIn, Twitter, Facebook, etc., allow individuals to make and publish media content, to reach a large audience.

Volunteering provides an experience that can be valuable in the workplace, for example, submitting news stories for campus publications. On the other hand, working freelance is typical in the industry. As such, networking can be a valuable skill. Work towards visibility even before profit—gain experience in university’s media outfit such as campus news, blog and radio. Learn how to pitch and edit and write.

In addition, starting a new media company has become easy due to the powerful awareness capabilities of social media. You must define your range/audience first and then create engaging content that provides value to the specific audience. Finally, build an audience base by encouraging people to subscribe to get more from your services.

Most roles in the Media and public relations industry will involve communication and making connections with people. Work activities include exposure to different cultures, which requires cultural intelligence to avoid conflicts. Working conditions in the industry can be very demanding and exhausting; employees usually work beyond working hours or around the clock to meet deadlines or bring out their creativity.

The evolving nature of the industry demands that media professionals keep learning on the job. For example, employees in the publishing sector will have to read manuscripts upon manuscripts, write reviews, and edit lots of writing.

International
International Association for Media and Communication Research (IAMCR), The Association for Women in Communications, News Media Alliance, The International Publishers Association (IPA)

Nigeria
Nigeria Union of Journalists (NUJ), Nigerian Guild of Editors, Nigerian Institute of Public Relations (NIPR), The Nigerian Publishers Association (NPA), Media Independent Practitioners Association of Nigeria – MIPAN

 

  • International Industry Champions
    Christiane Amanpour, Larry King, Richard Quest, Larry Madowo

    Nigeria Industry Champions
    Reuben Abati, Kadaria Ahmed, Ayeni Adekunle, Cyril Stober, Funmi Iyanda, Nduka Obaigbena, Kabiru Yusuf. 

     

International
Independent Press Standards Organisation

Nigeria
National Broadcasting Commission, Broadcasting Organisation of Nigeria (BON), Nigerian Television Authority (NTA), Nigerian Press Council

 

International
ABC, CBS, NBC, FOX, CBS Radio, Bloomberg, Clear Channel Communications, Cumulus Media, Sirius XM Radio, Hachette Book Group, HarperCollins, Macmillan, Penguin Random House, Simon & Schuster, British Broadcasting Corporation (BBC), iHeartMedia Inc., National Public Radio Inc., News Corp., The New York Times Company, Daily Mail and General Trust Plc, Sinclair Broadcasting Co., E. W. Scripps, Tribune Media Co., Daily Journal Corporation, Gannet Co. Inc., The McClatchy Company, A. H. Belo Corporation, APCO Worldwide, Edelman, Ketchum Publico, Weber Shandwick Cologne, Finn Partners, Ogilvy, BlueFocus, Porter Novelli, 360PR+, Burson-Marsteller, WE Communications, Gregory FCA, University Press, Routledge, Houghton Mifflin Harcourt, Palgrave, Macmillan publishers, Wiley, Penguin Random House, Pearson, Scholastic, McGraw Hill Education, Oxford University Press, Thomson Reuters, Hachette, RELX Group, Wolters Kluwer, Shueisha, Springer Nature, News Corp, Simon and Schuster.

Startups
Inkitt, Accedo, Magine, Recount Media, Blue Studio, Proxicoin, Pressful, SpectatAR, Newsworthy Presents, STIRR, Television AI, Holographics, Spectrum News, Brodia Media and Network Private Limited, The River Productions, GRM, Tin Can, Ruby Media Group LLC, Nested Realities, Digital Realism Studio, The Open Office, BuzzFeed, Vice Media, Axios

Nigeria
News Agency of Nigeria, Africa Independent Television, Channels TV, Arise TV, Degue Broadcasting Network, KAFTAN TV, ONTV Nigeria, Plus TV Africa, Complete Sports, Consolidated Media Associates, Daily Champion, Daily Nigerian, Daily Times (Nigeria), Media Trust Nigeria Ltd, Guardian Newspapers, Punch Newspapers Ltd, Vanguard Newspapers, This Day, Evans Brothers (Nigeria Publishers) Limited, LearnAfrica, Kachifo Limited, Masobe Books, National Network, Netng, New Nigerian, News Digest, Newsdiary online, Newswatch Communications, Ripples Nigeria, Nigerian Compass, P.M. News, Premium Times, Red Africa, Silverbird Group, The Sun (Nigeria), Literamed (Laterna) Books, Tell Communications, The Native, TheNEWS magazine, Triumph, Big Cabal Media, TechPoint, Health Watch Nigeria, Red Media Africa, Blackhouse Media, Nelson Reid’s, DeCritic, Firecracker PR, Media Accent, Misting Communications, SOL PR, Robert Taylor Media, Evans Brothers Limited, Rasmed, Cassava Republic, Literamed Publications, Bookcraft Africa, Spectrum House, Macmillian Publisher, Learn Africa Plc, Jasper Books, Convex Publisher, Okadabooks Stears, and The Republic Nigeria.  

 

    • Fake News
      The threat of fake news and disinformation increases with the popularity of social media news such as Facebook newsfeed. It is gradually seeping into the mainstream media. Fake news has damaging consequences, such as reducing the desired impact of factual information and breaching the trust in media outlets.

    • Deep Fake content
      Deep fake contents are the upgrade of photo and video manipulation technology. Deep Fakes, according to Wikipedia, use powerful machine learning algorithms to alter an existing image or video of someone into the likeness of another. As a result, the created content can easily deceive anyone. However, deep fakes were invented and are helpful for academic purposes and theatres. Today, its use has degenerated into fraudulent financial activities, pornographic content, fake news, and child abuse.

    • Copyright and piracy issues
      Unlike in the past, the increase in digital devices that people can use to access books, magazines, etc., makes it challenging to control piracy. For example, people can get the exact copy of a book with all the details for free and faster than how they can get the legitimate content. Similarly, the use of social media has blurred the copyright regulations as copyrighted images, audio and videos are widely spread without caution.

    • Government Crackdown
      Several countries have experienced government crackdowns on independent and even social media, a gross violation of human rights. This usually happens when the government is trying to control a political situation, war or the government’s reputation. Unfortunately, this is widely practised in many African countries. An example is a recent ban of Twitter in Nigeria.

    • Political Ownership of Media
      Ownership has a significant bearing on the objectivity of a media outlet. Media owned by the government or a political party will tend towards the party’s interest at the expense of objective reporting. Even private media that claim to be independent will likely serve the political interest of their proprietors, especially in developing countries.

    • Endangered lives of media personnel
      Opinions or assertions by media personnel that do not serve the interest of a government are often criminalised, especially in countries where human rights are not fully established. This creates a fear of danger, attack, or uncertainty, which usually gets in the way of good journalism and professionalism.

    • Falling Revenues for traditional Media; low advertising revenue, and the rise of Digital Media
      It is self-evident that most audiences are moving to online channels, drastically affecting traditional media companies’ finances, especially in the publishing sector. The adverse effect of the covid-19; pandemic worsened the impact as thousands of journalists lost their jobs and several publishing firms filed for bankruptcy.

      Compensation and benefits are poor; many journalists are freelance. According to a 2019 report by the Guardian, many media houses in Nigeria are not doing well financially due to shrinking revenues from adverts. As a result, many have laid off their staff, while others offer them freelancing deals. This leaves journalists vulnerable to compromising and overlooking the ethics of their Profession.

There are several innovations and opportunities for research in the Media industry in Africa. These include:

Artificial intelligence and augmented reporting
Augmented reporting is the future of reporting, using frontier technologies like Machine Learning and Data Visualization for news content generation, analysis and reporting. Another name for this sort of reporting is ‘automated journalism.

Data visualisation
Data storytelling goes hand in hand with visual communication and the visual representation of data. When clients need to communicate complex data clearly and intuitively to a targeted audience, there is a need to design sleek statistical graphs, charts, information graphics, and more. Data visualisation can effectively improve audience understanding.

Going Digital
While printed versions of books and magazines will continue to exist in the coming years, there is a definite trend towards digital publication, with 44% of the world population reading online. Moreover, going digital makes content richer, with the insertion of multimedia (audio, video) stuff that is gaining more and more share with the public. 

Digital Rights Management (DRM) of Intellectual Property
Using the internet and digital platforms has made it easy for people to violate the copyright of digital content. Authors can use DRM tools such as Bynder, Caplinked and Digify to prevent people from using copyrighted materials illegally. Media creators can use these tools to prevent editing, copying, and sharing digital content without the owner’s consent.

Rise of machine-generated content
Thanks to the recent developments in artificial intelligence and natural language processing, automatically generated content reached a level of similarity to human-generated content that is impressive. As a result, some companies and blogs successfully use this kind of content for their websites. 

Expansion into OTT delivery systems
Many TV stations are expanding their news coverage on OTT [over the top] delivery systems like Apple TV and Roku. This creates a significant opportunity for local TV stations and broadcast meteorologists. 

Migration from Analogue to Digital 
A significant technology change in TV broadcasting is delivery technologies. The ATSC 3.0 makes for a more interactive television experience. Another technology, 5G wireless networks, will allow for a much richer experience due to higher capacity data delivery. 

Publications
Media Industries Journal
Variety
Broadcasting & Cable
SSN Insider
Speakeasy (Wall Street Journal)
Publishing Perspective
Show Magazine
IPR Rights Magazine

Events
Nigeria International Film and TV Summit
Africa Media Summit 3.0
Ake Arts and Book Festival
Nigeria International Book Fair
Digiday Publishing Summit LIVE
News Impact Summit
Digital Media Europe
Lagos Book and Art Festival
The Association of Nigerian Authors (ANA) Annual Convention
Abuja Literary Fest (AliitFest)

Podcasts
On the Media
NewsMediaAlliance NewsTake
The Media Podcast with Matt Deegan
The Digiday Podcast
Record Media
The Media Show
Media Voices Podcast
Book Marketing Shows
On Publishing
The Vintage Podcast
The Business of Content
The Guardian Books Podcast
The Penguin Podcast

Movies
Citizen Kane
Spotlight
The Insider
Nightcrawler
The Newsroom
All the President’s Men
The Proposal (2009)
The Agent (2008)
The Devil Wears Prada (2006)
You’ve Got Mail (1998)
Wonder Boys (2000)

Books
Preface to Plato by Eric A Havelock
The Printing Press as an Agent of Change by Elizabeth L Eisenstein

The Creation of the Media: Political Origins of Modern Communications by Paul Starr

Raymond Williams on Culture and Society: Essential Writings by Raymond Williams
Media Unlimited by Todd Gitlin

The Business of Media Distribution: Monetizing Film, TV, and Video Content in an Online World

Red Carpet: Hollywood, China, and the Global Battle for Cultural Supremacy by Erich Schwartz El

Here’s Johnny!: My Memories of Johnny Carson, The Tonight Show, and 46 Years of Friendship by Ed McMahon

Book Wars: The Digital Revolution in Publishing by J. B. Thompson

Merchants of Culture: The Publishing Business in the Twenty-First Century by J. B. Thompson

Inside Book Publishing: Giles Clark and Angus Phillip.

The Book Business: What Everyone Needs to Know by Mike Shatzkin and Roger Riger

Consulting

Overview of the Consulting Industry
The consulting industry consists of professional service firms that deliver objective expert advice, implement, and manage business solutions based on best practices—for public and private organisations of all kinds, small businesses, and individuals. 

Consulting firms and professionals deliver their services by leveraging their broad knowledge, extensive experience, and deep expertise across job functions, industries, and business environments adapted across projects through innovative thinking to achieve outcomes desired by clients.

Though the consulting industry has earned a reputation as value creators and problem solvers—it started in the 19th and 20th centuries in the US. It focused on improving efficiency in the workplace—through the application of scientific methods in increasing productivity. Some of these; were led by academicians offering technical research and expert advice to organisations in the industry.

Today, the consulting industry has grown to span five to seven major areas based on specialisation. These are:

  • Financial Consulting: With accounting expertise at the core of their offerings—these firms provide advice and services to organisations. They ensure the integrity of financial processes and information. The most important services; include Audit, Transaction Services, Corporate Finance, Crisis & Recovery, Risk Management, Accounting Advisory, Tax Advisory, and Forensics & Litigation. It may also extend to Real Estate Advisory, Capital Budgeting, Project Valuation, and Compliance and Litigation services.

  • Information Technology (IT) Consulting: aka, Technology Consulting. They advise clients by reviewing processes for automation, aligning Information Technology to the overall strategy of a company— managing the implementation of IT systems, and auditing existing IT infrastructure. The digital transformation ongoing across most industries and increasing cyberthreat have stemmed the growth of this consulting area. Other areas in technology consulting are systems integration, data analytics, and systems management.

  • Human Resource (HR) Consulting: these consulting firms are focused on human capital and managing talents to maximise the value an organisation gets from its human resources in achieving its strategic objectives. HR consulting includes a wide range of areas: Human Capital Strategy, Compensation & Benefits, Organisational Change, HR Function, Talent Management, HR Analytics, Learning & Development, and HR Technology. Some may execute smaller functions such as executive recruitment, succession planning, and exit interviews.

  • Operations Consulting: also known as operations management firms, they provide advisory and services to improve operations in a company. These typically include process, design, governance, and performance system. Operations consulting may also overlap with HR consulting in areas such as company culture and management systems. Areas include Organisational Operations, Sales & Marketing, Supply Chain, Sourcing & Procurement, Finance, Business Process Management, Research & Development and Outsourcing.

  • Strategy Consulting: Seen as closely related to management consulting, these firms deliver consulting services to companies at the boardroom level, providing strategic advisory to companies from strategy development to implementation, of business strategies for private companies and helping set economic policy for public sector organisations. It is considered the most prestigious area of consulting. Areas include Corporate Strategy, Business Model Transformation, Economic Policy, Mergers & Acquisitions, Organisational Strategy, Functional Strategy, Strategy & Operations, and Digital Strategy.

  • Management Consulting: management consulting firms generally have oversight of all company functions by advising the senior management of an organisation to improve its overall performance and create value. They typically provide analysis and strategy to the decision-makers of an organisation which may comprise one or more of the areas of operations: human resources and increasingly information technology, as they can create value. These make it the broadest area in the consulting industry.

  • Niche Firms: they are speciality consulting firms that provide services to organisations based on an area of deep but narrow expertise or specific industries. Some of these areas include life sciences, bioengineering, design thinking, sustainability, and development. Other firms consult for a wide range of companies with tools and frameworks proprietary to their firms. Professionals or academicians in these firms—have domain expertise while working in general consulting practices.


Most consultants work in mid to large-sized consulting firms that provide one or multiple consulting services, depending on client needs, internal capabilities, and regulatory environment. Most management consulting firms combine; management with strategy consulting, while many also incorporate operations consulting. Many of the top finance consulting firms also provide IT and management consulting. Many consultants work independently as freelance consultants, a sole-proprietorship practice, or as niche consultants.

Management and Financial Consulting firms, which form the largest block of the industry, typically recruit undergraduates  students as interns; and graduates as Analysts or Associates depending on the organisational structure of the firm. Strategy and Management consulting firms may have preference for graduates with an MBA, studying or committed to having an MBA degree.

There are opportunities to progress to assistantship, associate, senior and full roles as Associates/Analyst, Consultant, Manager, Director, Partner to Principal Partners. A firm; is typically led by a Managing Partner who doubles as the Chief Executive Officer (CEO); a rarely used title in the Consulting industry.

Other consulting firms such as Information Technology, Human Resources and niche firms can recruit or promote Graduates into specialist positions such as system implementation consulting, compensation and benefit consulting, or environmental consulting. Openings for consulting roles are more available and regular for graduates. Support positions also exist in areas such as information technology, human resources, and marketing.  

The highest paid jobs in the consulting industry are in Strategy and Management Consulting by International consulting firms with offices across the global major business hubs. However, an MBA may be a requirement for getting into some of these firms. The highest-paid consultants are typically in Strategy, Corporate Finance Advisory, Customer and Growth, Trusts and Pensions, Operational Transaction Services, and Investment & Divestiture Advisory Services.

  1. The consulting industry is very keen on soft skills. It is why it is discipline-agnostic—as long as candidates are well-rounded in these skills. These skills for succeeding in the industry include:

    • Communication & Persuasion: consultants must communicate their position, proposals, findings, and recommendations to clients, both in writing and in-person presentations. Consulting also involves working with people from other disciplines, sometimes with a team from the client, and writing reports which have to be lucid and clear. Consultants must convince their clients with data and facts to follow a recommended course of action amidst conflicting ones.

       

    • Analysis & Problem-Solving: consultants need to understand the true nature of a problem, break it down, come up with the right questions, and find well-reasoned answers to them. Case studies and formal examinations test the ability of candidates to demonstrate these skills when needed. Clients expect consultants to utilise their fresh perspectives and knowledge of best practices to solve their problems, unlock value, and create opportunities—be innovative. Consultants are to put into use critical thinking and creative skills in solving problems.

       

    • Numeracy & Financial Literacy: Financial consulting, the largest graduate employer among top consulting firms, requires graduates comfortable with numbers. Their areas of practice which include tax, audit and transaction assurance, are number-heavy. An oversight or human error can be very costly— therefore, requiring high numerical skills and comprehension of financial comprehension by consultants.

       

    • Continual Learning & Adaptation: Consultants work with clients across different industries—both in the private and public sectors. They also work with other professionals from diverse disciplines. Yet, the deadlines can be tight, and the working environment pressure-filled. As consultants move from client to client, the work culture and environment differ. Hence consultants must quickly understand the needs and business environments of each client while also being flexible. Another huge area of change is the regulatory environment.

       

    • Professionalism & Industry Awareness: consultants have to display a high level of professionalism in their conduct. Most of the big businesses they work with have conservative work environments, and consultants must maintain a similar level of formality. Consultants have access to client information which must be kept confidential. A consultant must also have a high level of industry awareness by being up to date on key developments across the business environment. This awareness helps to provide informed opinions to clients and thought leadership in the industry.


    Other industry skills expected from consultants include self-awareness & self-management, planning & organisation, and teamwork. Working with data, communication, and collaboration with digital tools are essential areas of digital proficiency expected from consultants.

The consulting industry is open to graduates from all disciplines with solid analytical and communication skills while providing opportunities to learn on the job and continual education to attain professional qualifications. However, a degree in business, finance or STEM may be an advantage. A second class upper grade for the first degree is the minimum entry requirement for most consulting firms. 

The entry requirement for the top strategy and management consulting firms in the world is higher—with some requiring applicants with MBAs from one of the top business schools. For exceptional candidates with just a first degree, some of these firms sponsor obtaining an MBA degree as a perk for successful candidates.

Though not always mandatory and differing across firms, financial, information technology, and human resource consultants may consider certifications in their field. See finance, information technology, and human resources career clusters for more information on these certifications.

Top consulting firms conduct annual graduate recruitment programmes. It may be once or multiple times a year for financial and technology consulting firms like PwC, KPMG, Deloitte, E&Y, BDO, Grant Thorton, Mazars, RSM, and Accenture. Graduate recruitment is relatively less frequent in strategy and management consulting firms that are targeted more at MBAs. It makes having an MBA an advantage for candidates targeting these consulting firms.

These recruitment processes usually involve; calls for applications from graduates with at least a second class upper degree and still under a specified age. It is recommended you follow consulting firms you are eyeing on Linkedin and Twitter for updates on openings. Most applications to top consulting firms are online with options to upload CVs, cover/motivation letters, and degree certificates. Due to the high number of applications received from eligible candidates, ensure that you fill all fields in the online application and do not assume that your CV will be checked—for answers.  

While most selection processes start with an aptitude test at designated centres or on campus, some consulting firms have introduced online personality assessments before aptitude tests. Successful candidates proceed to written tests to evaluate their communication skills. Candidates who pass these tests go through multiple rounds of the interview, case interviews in the case of strategy and management consulting firms. 

GMAT and case interview resources are recommended—for preparation. Commercial awareness, which can be helpful in interviews and at work, can also be developed by reading business publications and staying up to date with business developments. As the interview process progresses, the higher the ranking of staff conducting the interview. The final interview phase is when you meet one or more Partners of the firm. Interning at a consulting firm can help build relationships and understand the internal working environment of consulting firms.

With the fierce competition for a place in top consulting firms, you can take advantage of the lower barriers to entry of lesser-known consulting firms. You can be proactive to seek an internship and graduate position there outside a formal recruitment window. You can also reach out to your network (family, senior friends, and alumni) who have contacts in medium and large consulting firms for internship and graduate opportunities.

Succeeding as a freelance consultant requires having a network of industry players, confidence, and understanding of the business world—from substantial work experience. Resources such as books and publications on succeeding as a consultant covering topics, such as preparing proposals and presentations, pricing, and managing client relationships, can help start your consulting practice. Thought leadership through blog posts, editorial contributions to industry publications and speaking engagements at industry events also provide visibility to prospective clients for consulting services.

Consulting is one of the best industries to start a career as a graduate. It provides opportunities for self-development— working with the best minds across disciplines and industries; and mobility across sectors and geographies for experience and exposure. Though it is known for its long hours, entry salaries in reputable consulting farms are higher than the average graduate salary in most countries. Strategy and management consulting firms are consistently on the list of highest payers.

Consultants typically move from client to client, providing opportunities to apply their analytical and cross-functional skills providing solutions to clients from different industries. These moves result in sumptuous lunches, business-class flights, and stay in classy hotels that many envy consultants working with top firms. Pension schemes, health insurance, and leave—are also provided.

However, the availability of these perks and benefits is not always the case for consultants working with smaller firms that serve SMEs. Nevertheless—a consulting career, irrespective of the company size—keeps consultants on their toes. They need to continually learn to stay relevant and provide numerous opportunities to build professional capacity. It also provides a good foundation for transitioning to a middle or C-level executive position in other industries. And also working as an entrepreneur leveraging the skills and network built.

In addition, the top global strategy and management consulting firms operate a human resource management model similar to the Cravath system. The system focuses on hiring the best talents—that are either promoted or counselled out—if they do not meet performance targets. The environment is very competitive and demands being able to work under pressure.

Global Bodies
Chartered Institute of Management Consultants, The Institute of Consulting (IC), Association of Image Consultants International (AICI), Project Management Institute (PMI), Institute Of Management Consultants Nigeria (IMCN), Institute of Financial Consultants®

Nigeria
Institute Of Management Consultants Nigeria, Nigerian Institute of Management

Global

  • Najwa El Iraki 
  • Julien Tyack
  • Nomfanelo Magwentshu
  • Meryem Lakhssassi

Nigeria
Acha Leke, Taiwo Oyedele, Foluso Phillips 

 

International and National Agencies
The consulting industry in most countries does not have state agencies that oversee, regulate or support firms. However, many of them work with agencies in sectors where their operations are active and are subject to regulation. Financial consulting firms providing audit and tax services to financial institutions have to follow the regulatory framework established by the apex (or central) bank in the markets they operate. This is applicable to many other highly regulated industries.

Nigeria

Regulated by government organisations in their industries of operation.

The consulting industry consists of global firms which have international offices across the global major business cities. Prominent among these are management consulting firms. The top global financial consulting companies— such as the Big 4 to Big 16 include an international network of independently operating firm partnerships that share the same brands and adhere to shared values. However, local partners in these countries manage country operations. 

Only a handful of consulting firms with mid to large size operations command a bulk of revenue in the industry from servicing large enterprises and public institutions. Numerous local consulting firms operate as sole proprietorships or two to three-people partnerships that serve small to medium-sized businesses.

Global Employers
McKinsey, PwC, KPMG, Deloitte, Ernst and Young, Mazars, BDO, Grant Thornton, Nexia, RSM, Baker Tilly, Kearney, Bain & Co., BCG, Dalberg, Emerton, Marsh & McLennan, Oliver Wyman, L.E.K. Consulting, Booz Allen, Accenture, Capgemini, Cognizant, Infosys, Tata Consulting Service, DXC, HP Enterprise, SAP Consulting, and IBM Global Services, Roland Berger, Mercer, PKF international Alexander Forbes, Kearney, Deloitte, Emerton, Africon GmBH, Gardiner & Theobald, Hitachi Consulting, IDEO, JMAN Consulting, LeighFisher, Tata Consulting Services, Wipro, Fujitsu Business Consulting Services, NCC Group, BMC Consulting Services, Altran Consulting, Alchemmy, Actica, Africon

Nigeria
PwC Nigeria, KPMG Nigeria, Deloitte Nigeria, Ernst and Young Nigeria, Mazars, BDO, PKF International, McKinsey and BCG. Indigenous firms include Andersen Tax Nigeria, SIAO Partners, Phillips Consulting, H.Pierson, Ciuci Consulting, Workforce Group, Resource Intermediaries Ltd, Ashford & McGuire, Human Capital Partners, Veraki Business Solutions, Meritex Consulting, McTimothy Associates, Novatia Consulting, Matog Consulting, Mac-Tay, Qeeva Advisory, BAO Tax Consultants, BusinessOnStop, Fosad Consulting, PG Consulting Ltd, Sigma Consulting Group, Romis Consulting, Platinum Stream Consulting

    • Political instability and uncertainty in the regulatory environment: Political instability limits the industry growth in some African regions. It leads to uncertainty in the business and regulatory environment—and an inability to get paid.

    • Nature of markets. Another limiting factor to the growth of the consulting industry in Africa is the nature of markets—which provides a competitive advantage to enterprises backed by governments and those with highly networked founders. It makes the product, operational, and strategy superiority less relevant. Mid to long term planning can also be challenging in markets with high government interference.

    • Technological Disruption: Firms are increasingly looking at technology-enabled models for innovation such as artificial intelligence, expert/talent networks, and crowdsourcing for ideas they would have traditionally hired consultants to deliver.

    • Competitive landscape: As clients have higher expectations for quality and speed of service under tighter deadlines, emphasise results over activities, new and nimble entrants with experience working with big firms offer stiff competition to traditional consulting firms.

    • Data management practices: The risk of data mismanagement in the workplace has increased— so is the need for better practices in managing client data as third-party service providers with access to a lot of data.

    • The volatility of reputation. Consulting is a trusted business; to clients, regulators, and the public. Damage to a firm’s reputation makes it difficult to regain the confidence of clients in its market and can negatively impact the reputation of firms in the same network in other markets.

    • The consulting industry has been a driver of digitisation in the industry. The industry is, however, ripe for digital disruption. Leading consulting firms are spearheading this change. However, the conservatism of the clients can limit them. 

      The following are crucial areas in consulting that digitisation is expected to impact:

      • Data Collection and Processing: beyond the use of surveys for understanding client needs, the adoption of digital tools in the work environment for automating business processes has also provided funnels for real-time data collection—both structured and unstructured. This data can now be processed to understand client operations and machine learning algorithms for analysing data pools for insights.

         

      • Data Analytics and Business Intelligence: data analytics and business intelligence offer— decision-makers—real-time insight into many areas like operations, sales, and supply chain activities across activities. This information is accessible from a central dashboard. It is also beneficial for consulting firms with mid to long-term engagement with clients to access the data to provide informed recommendations.

         

      • Robotic Process Automation: financial consulting breeds many routine tasks such as analysing invoices and payrolls, which can become monotonous, time-consuming, and prone to human error. With robotic process automation, software bots can apply artificial intelligence to perform these tasks faster, more efficiently, and less prone to error. The robotic-process automation industry is experiencing rapid growth from increasing adoption by the financial services industry.

         

  • Digital Delivery of Advisory Services: to serve small and medium-sized businesses and social organisations, some consulting firms have developed chatbots that can interact with clients to know their needs and take inputs. An example is the TaxTim chatbot by PwC—which provides an online step-by-step process for clients to get their taxes in order, quickly and efficiently.

Books

  • The McKinsey Way by Ethan Rastel
  • Case Interview Secrets by Victor Chen
  • The Lords of Strategy by Walter Kiechel
  • Competitive Strategy by Michael E. Porter
  • Business Consulting by Fiona Czerniaeska & Gilbert Toppin
  • How To Get Into The Top Consulting Firms by Tim Darling
  • The Consulting Bible by Alan Weiss


Publications

  • Publications of Consulting Firms: McKinsey Quarterly, BCG Perspectives, Strategy+, THINK: ACT, and Oliver Wyman Insights.
  • Harvard Business Review
  • Consultancy.org
  • The Economist
  • Bloomberg
  • strategy+business


Podcasts

  • Economist; The Intelligence
  • Everything Business Consulting
  • The Art of Consulting
  • Case Interview Preparation & Management Consulting
  • Podcasts of Consulting Firms; Deloitte, PwC, McKinsey


Movies and TV Series

  • Up in the Air (movie)
  • Margin Call (movie)
  • Mad Men (series)
  • Suits (series)
  • House of Lies (series)


Events

You can look out for summits, forums, and conferences organised by consulting firms such as Deloitte, PwC, KPMG, and Ernst & Young.

Fashion, Events and Lifestyle

Overview of the Fashion, Events and Lifestyle Industry

Humans are social beings, and at the centre of this socialisation are the ways people meet their needs for expression and interaction with others. These have, over some time, resulted in arts, culture, beauty, entertainment and everyday living. These activities may have resulted from the human and social needs for expression, pleasure, and survival. They make up the Lifestyle, Fashion and Events Industry. 

The fashion industry encompasses the design, manufacture, distribution, marketing, sales and promotion of clothing, footwear, bags, accessories and products for styling, from shoe factories in Mumbai and tailoring shops in Onitsha to runways for fashion models in Monaco. It is a ubiquitous industry at the bedrock of any economy that individuals, business owners, SMEs and large enterprises play. Other fashion-related areas that have become sizeable as independent industries include jewellery, beauty and cosmetics, watches, and hairstyling. 

Events provide a social platform for human expression and interaction. The industry consists of individuals and companies that plan, organise, set up, and run events. These include parties, conferences, roadshows, musical tours, political rallies and other purposeful gatherings of people. The success of these events typically requires event organisers and planners, event compere/hosts/moderators, security service providers, and sometimes entertainers, who are all participants in this industry.

Fashion and events are most times reflections of an individual’s or group’s style, preferences, values, way of life and social status. Services and products that provide or support these reflections make up the Lifestyle industry. Companies in other industries now also play in the lifestyle industry by making their brands connect with the way consumers aspire to live. These are usually reflected in their product design and marketing communications as they seek to inspire and connect with their target markets. Entertainment industries such as music, media and films also intersect significantly with the Fashion, Events & Lifestyle industry.

Fashion & Jewelry Designer, Textile designer, Fashion writer/illustrator, Pattern cutter/grader, Stylist, Personal stylist/personal shopper, Fashion buyer, Fashion merchandiser, Visual merchandiser, Fashion writer, Graphic designer, Fashion photographer/filmmaker, Fashion blogger/vlogger, Model, Marketing or Communications Manager, Wardrobe assistant, Costume designer, Makeup artist/hairstylist, Studio manager , Retail manager, Copywriter, Social media assistant, Event manager, Teacher/lecturer, Further research, Engraver, Polisher, Bench jeweller, Metalworker, Jewellery consultant, Event & Wedding Planner, Event Space or Venue Managers, Catering Services Manager

Highest Paying Jobs
The highest paying jobs in the industry are: Fashion or Jewelry Store manager, eCommerce Manager, Product Manager, Fashion Designer / Stylist and Event Planner.

    • Creativity & Critical Thinking 
      In every part of the industry, creativity and an eye for what is visually appealing are essential; being creative is not only for designers but for everyone in the sector. Your originality and sense of style can influence written materials and promotional commercials. It’s also necessary to think critically to solve difficulties, produce the best materials, and decide on a marketing strategy to generate more sales.

      Teamwork & Networking
      One of the essential fashion abilities you’ll need is working well with others. You’ll be part of a large team (design, production, marketing, etc.) that collaborates closely on significant projects and meetings. You’ll need to work with them to identify problems and develop solutions rather than pointing fingers and blaming team members. To obtain first dibs on new products, you’ll also need to network with manufacturers and fashion icons and celebrities to promote your brand.

      Initiative & Enterprise
      The ability to find new opportunities and ideas and put them into practice. Having initiative and an enterprising ability is a much-needed skill to improve how businesses operate. Employers need to have someone to adapt to new work situations by seeing ways to make valuable changes. It also involves having the self-motivation to develop your design ideas or proposals and organising events.

      Communication & Persuasion
      Fashion is constantly communicating – it listens to culture and dictates it, and the same with events. You must be able to share your creative ideas, concept or proposals, both with team players and your customers. The success rate of products depends on marketing. Marketers (Digital or Traditional Marketers) must communicate the product’s value excellently to their customers and persuade them to buy from their brand, among several options. 

      Industry Awareness, Continual Learning & Adaptation
      Being aware of trends in the industry involves spotting new designs, fabrics being used, understanding the changing customer needs, new technologies being adopted in the industry, etc. One must continuously learn and adapt to keep up with all these trends. Learning new skills in design & marketing and integrating new technology software would help keep up with the digitisation in the industry.

      Digital Skills 
      Having digital skills is an advantage in this industry as several fashion, events and lifestyle companies are going online. In addition, developing technical skills like graphic design using digital tools, content creation/Writing for communication and social media engagement. And also, data analysis for understanding sales reports and markets will be an added advantage.

A degree in fashion is one of the best routes to secure a good position within the industry. 

While you can work in this industry without a degree in fashion design, having such degrees can be relevant and give you an edge. But beyond a formal degree in fashion, working in this industry requires you to have a deep interest & passion and also be ready to develop creative skills. 

Learning in this industry can be formal or informal. There are registered fashion schools with structured curriculum and instructors that teaches fashion and award certificate to their student. Also, several people have been trained informally through apprenticeship, and they get a certificate for training.

Attending a school of fashion can help you launch your dream career. Attending a fashion school will open your eyes to some basics of fashion designing, how to brand your products, and how to best market your products.

Some famous fashion school in the country and diaspora is Fashion Institute of Technology (US), School of Arts, Design and Architecture (Finland), Parsons: Fashion, Art and Design School (US), Paris College of Art (Paris), Fashion & Art Academy House of Henri, Legsapparel Fashion School Port Harcourt, Zaris Fashion and Style Academy, Mickeyoma Design Fashion Academy, etc.

Bachelor degrees include: 

Bachelor of Design – Product Design + Fashion Design, Bachelor in Textile, Design, Bachelor in Design, Fashion and Visual Arts, BA (Hons) Fashion, BA in Jewelry Design, BA Honours Fashion Design, Bachelor of Arts in Fashion.

Other Degree/Certification include:

Diploma in Fashion Design, Fashion buying and merchandising, fashion styling, fashion photography, Jewellery design, fashion journalism, and fashion management.

The fashion industry is highly competitive. Incredible creatives and bold strategists work together to keep up with rapidly changing trends and a demanding audience with multiple choices.

Volunteer, don’t wait for a “Job”
Volunteer to put your designs to work for individuals who can give you visibility even if the earnings are insignificant. Manage events when the opportunity arises. Volunteering will help you put your creativity to use while gaining experience.

Fashion internship
Nothing would beat real-world experience, even if you studied something fashion-related. However, you have to be okay with starting at the bottom. A fashion internship will round off your theoretical knowledge and develop your skills. An internship often serves as an extended job interview and could land you a permanent position. It doesn’t have to be a big company, event tailoring shops and fashion houses could be a good starting point.

Keep up with fashion trends
Stay abreast with ha in the fashion industry by following or subscribing to a few big shots or media houses on Twitter, Instagram, and Youtube and keeping track of innovation and trends from the hot topics.

Leverage Social media 
Knowing how to harness diverse opportunities on the social platform will help. Follow your favourite brands and designers to keep up with their products and learn from their innovative ways of doing things. Share your work on social media sites to build your brand image and opportunities, and engage with fellow enthusiasts in the industry.

Build your portfolio of work 
It can be a notebook, a personal website or even a Behance page; your social media can also be your gallery of work. Having your portfolio is essential as it shows your consistency in creating good products or planning beautiful events. In addition, it will help you reach out to new prospects as it will help them navigate your designs or the events you’ve planned efficiently.

Be open to opportunities
You may start marketing and end up in design. You may begin working with a lifestyle magazine and become a dress designer. The possibilities for growth in the industry are vast. You should be open to new opportunities.

Working in the industry requires you to be social; this will help you keep informed of trends and network with other fashion enthusiasts. Working in this industry also requires you to be passionate.

While most roles are in marketing, with a few designers working in the backend, the lowest entry is sales. However, being open to opportunities is needed as roles in other segments might be available.

The events industry can be very intense. It requires a lot of planning and visitation of vendors and venues and coming up with creative ideas to beat competitors. 

Large corporations often train their workers to keep up with trends and be more productive. Event companies also train their staff on work ethics.

International
Cosmetic Executive Women
Fashion Group International
Council of Fashion Designers of America 
Association of Textiles 
Apparel and Materials Professionals 
American Apparel and Footwear Association 
International Textile and Apparel Association
World Fashion Organization (WFO)

Nigeria
National Fashion Designers Association of Nigeria: FADAN
Nigerian Textile Manufacturers Association
Nigerian Textile Garment and Tailoring Employers Association
Association of Professional Party Organizers and Event Managers of Nigeria (APPOEMN

 

International
Soares Anthony, Mai Atafo, Coco Chanel

Nigeria
Tara Durotoye, Adenike Ogunlesi, Deola, Sagoe, Funke Bucknor-Obruthe.

 

Cosmetic Executive Women 
Fashion Group International
Council of Fashion Designers of America 
Association of Textiles 
Apparel and Materials Professionals 
American Apparel and Footwear Association 
International Textile and Apparel Association
World Fashion Organization (WFO)

Nigeria
National Fashion Designers Association of Nigeria: FADAN
Nigerian Textile Manufacturers Association
Nigerian Textile Garment and Tailoring Employers Association
Association of Professional Party Organizers and Event Managers of Nigeria (APPOEMN)

 

Brands should not be confused with companies. Companies typically own brands, and a single company can have multiple brands. A company with one or more brands can also bear the name of its flagship brand. 

Global
Chanel, LVMH Moët Hennessy Louis Vuitton, Christian Dior SE, Alexander Wang, Diane von Furstenberg, Kate Spade, Marc Jacobs, H&M, Burberry Group plc, Prada S.p.A, Nike, Hermès International Société, Ralph Lauren Corp, Tory Burch, Calvin Klein, Kering SA, Armani, Urban Outfitters, Donna Karan, Levi Strauss & Co., L’Orea, Under Armour, Inc., Quiksilver Inc., Brunello Cucinelli, Coach, Inc., Lululemon Athletica Inc.

The International fashion market is led by Inditex, LVMH, H&M, Nike, VF Corporation, Richemont, Adidas, Fast Retailing, Abercrombie & Fitch, Prada, Gap, Dior, Urban Outfitters, and Burberry.

Events companies include Bassett Events, Inc., MKG, Colin Cowie, David Tutera, A Perfect Event, Rafanelli Events, Oren Co, Wonderland, Eventive, Royal DSM, Dreamsmith Events, Meat & Potato, Liquid media live events, Rockitfish Ltd, Firebird Events Ltd, Alpha Events.

Nigeria
Andrea Iyamah, Atafo Official, Deola Sagoe, Emmy Kasbit, Ejiro Amos Tafiri, Maki Oh, Lisa Folawiyo, Lanre Da Silva Ajayi, Kenneth Ize, KAI collective, Orange Culture, Style Temple, Tiffany Amber, Studio Imo, Ray Darten, Ade Bakare, Jewel by Lisa, Virgos Lounge, Obsidian, Frank Oshodi, Duro Olowu, Clan, Davida, House of Farrah, Yomi Casual, House of Dorcas, Zizi Cardow, Style Goes To Church (SGTC), Elora Collection, Lisa Folawiyo, Denim Unusual, Anya Wu, Tsemaye Binitie, Emmy Collins, Kiki Kamanu, Buki Akib, Zavandi Jewelry, Zikel Cosmetics, Tara Home of Fashion.

Events companies include Balmora, Zaphhaire events, 2706 Events, Trendy Beevents, Alveena Events, Elizabeth R Event, The Wedding Guru, Magna Events Ball Events, 3003 Events, Eventful, Haven of Imagination, Corban Events Planners, Just Weddings Events, Sellyrite Events Planners, Wow Connect Event.

Startups
OgaVenue, Intelistyle, Holition, Snap Tech, Pocket High Street, Genostyle, Smartzer, Same But Different (Thursday finest), Thread, Hurr Collective, The Fabricant, LoveCrafts, Wardrobe Of Tomorrow, Reflaunt, Lyst, Depop, Tix Africa.

Ticketing companies also play in this industry.

The events industry startups include Eat In My Seat, Catchbox, Sponseasy, 99CentEventStreaming, EventKloud, Crowd Mics, Snapcastr, Jamplify, Stormz, Run the World, Airmeet, Planit, Lush Plans, Afritickets, RentYourHall.

 

  • Fintechs as Challengers
    Startups leveraging data and technology are bringing innovations to markets at an unprecedented rate for traditional financial service providers and regulators to deal with. However, several incumbent financial institutions respond by rolling out fintech offerings to their customer base. Some of these are exclusively from them, while others partner with Fintechs.

    Evolving Customer Expectations 
    Customers now expect personalised and instant access to a menu of financial services. They also expect services to be accessible across multiple digital channels and their requests promptly attended to.

    Fraud and Cybercrime
    The financial sector is exposed to several threats from within and outside the financial system. The complexity of fraud and money laundering operations continues to evolve, putting the deposit of customers, operations and reputation of financial firms at risk.

    Underserved Customers
    Agency and digital banking services have helped close the financial inclusion gap in several developing countries. However, most of the population is still underserved due to the lack of robust financial services to cater for their needs. Access to credit at an affordable rate remains a challenge for individuals and small to medium-sized businesses.

    Exposure to Global Risk 
    The connectedness of the global financial system has made economic systems vulnerable to shocks that may come from anywhere in the world. For example, default on loans in the US may lead to a domino effect on financial markets in Europe and catalyse to become a global financial crisis.

    Tougher Regulatory Environment
    The financial sector is highly regulated. In both good and bad times of the economy, the financial sector is a target of increasing legislation and policies and has to adhere to the government’s strict compliance measures. The globalisation of finance also implies that many of them are exposed to the regulatory environment in international markets.

    Legacy Systems
    Financial institutions with a long history of operation are significant players in any nation’s financial service industry. But unfortunately, a majority of them are challenged with legacy systems of existing software, processes, and business infrastructure, which can be challenging to integrate, change or adapt to new technologies.

    The volatility of the World Economy
    From the devastating effect of COVID-19, mounting rate of inflation, fluctuation in the value of currencies and the foreign reserves of Nations, to wars among nations, the financial sector’s stability is threatened by uncertain times.

    • Digitigitisation is on the high in the following areas of finance:

      • AI for interfacing with customers, delivering advisory services, and making product recommendations in banking.
      • The emergence of blockchain technologies for trust management and digital currencies in business finance. 
      • Data-driven decisions such as calculation of premiums based on predictive analytics in insurance.
      • Robotic Process Automation and advanced AI technologies for automating manual accounting processes.
      • Algorithmic stock trading – quants in investment banking.
      • Loan prediction and credit scoring based on historical financial records, behavioural analysis, and big data in banking.
      • Automation of accounting workflows to reduce the burden of manual data entry.

Publication
Vogue
GQ
Women’s Wear Daily 
Business of Fashion
Allure
Elle
Cosmopolitan
Ovation Magazine
InStyle
VanityFair
Esquire
City People
Fast Fashion Magazine

Events
Paris Fashion Week 
Milan Fashion Week
New York Fashion Week
London Fashion Week 
Arab Fashion Week
Accra/Cape Town/Lagos/Rwanda Fashion Week
Morocco Beauty Expo
Cosmetics and Hair Exhibition Nigeria

Podcasts
Style and Trends. Bande à Par
Working in Fashion 
Industry Insights. The Business of Fashion Podcast
Sustainability Matters. The Wardrobe Crisis
Brand Chatter. Chanel Connects
Event Manager
Event Tech

Books
The Little Dictionary of Fashion by Christian Dior
Coco Chanel: The Illustrated World of a Fashion Icon by Megan Hess
Fashionopolis: The Price of Fast Fashion and the Future of Clothes by Dana Thomas
D.V. by Diana Vreeland
Worn in New York: 68 Sartorial Memoirs of the City by Emily Spivack

Movies
Devil Wears Prada 2006
Coco Before Chanel 2009
House of Gucci 2021
The First Monday in May
Phantom Thread 2017
Phone Swap 2012
Meet Joe Black
Crazy Rich Asians
The Wedding Planner

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CVs/Resumes

Overview

CVs and Resumes are interchangeably used to refer to a document that presents you as a candidate suitable to an employer or other kind of organisations (such as agraduate school) to which you have applied for a position. A CV means “curriculum vitae” ­­– a latin phrase which translates to “course of life” while a résumé is a French word which means “to summarise.”

These documents also make the case that a candidate is worth the resources for the prospective employer or organization to invest in the further evaluation, interview and other steps that may be required for the candidate to fill a position.

CV templates available for download and re-use include:

  • CV Template for 2024 Compulsory  Internship – Download

  • CV Template for 2024 Voluntary  Internship – Download

CVs for submission to private sector employers do not need to be too heavy on details. However, should serve as a concise personal marketing document to focus on your competencies, showcase your skills (demonstrated at work), notable achievements, qualifications and work experience RELEVANT and TAILORED to the role to which you are applying. This is why these kinds of CVs are called preferably called resumes in some countries. Your CV can range from one to three pages depending on your work experience and number of active years in the industry.

In applying for roles in academia, scientific research, grants, fellowships and international jobs, your CV should provide a detailed and comprehensive listing of one’s education, work history, certifications, research experience, publications, presentations, and professional affiliations and memberships. These details vary by country, but can include one’s date of birth, nationality, marital status, and number of children. Unless otherwise stated, this type of CVs has no page restrictions.

Some employers and organizations such as graduate schools provide guidelines to formatting your CV for submission. It is in your best interest to abide with these guidelines as several organisations now use application tracking systems (ATS) to sort out CVs for the consideration of a personnel within the organization. It is also the first test of your ability to comprehend information as a suitable candidate for to the role you are applying for.

A dilemma in writing your CV is knowing what to include or remove. The first answer to this should be sought from the employer or organization to whom you are submitting your CV, provided instructions on CV formats are provided. However, when specific instructions are not provided, these are general rules you can stick with:

 Contact details
Include your full name, home address, mobile number and email address. Ensure that your mobile number is reachable and avoid playful email addresses or those that you don’t check.

Personal Information
When age limits are set on a role or you are applying to a job in a country where there are no strict laws on employer discrimination, you may need to add your date of birth, gender and marital status. Otherwise, they are not required. You can add the link to your social media handle, such as LinkedIn, provided you have taken time to deliberately work on your online presence.

Profile/Career Objective/Summary Statements
While not compulsory, it is not uncommon to see CVs which have a short profile or statement placed at the beginning of a CV. If you have decided to add this to your CV, it should be concise and describe your selling attributes in a way that makes you stand out from the rest of the pack. It also provides an opportunity summarily describe your past accomplishments and future ambition in a way that matches the role you are applying to. This means that it should not be generic but tailored to the role you are applying for.

Education and Professional Qualifications 
List your education to date. This should also include your professional qualifications and relevant industry certifications which you may decide to place in a separate section. You can also add relevant bootcamps you have attended or online courses you have taken. They should be arranged chronologically i.e. the most recent first. Do not hesitate to add your grade or class position to every education or training where you have excelled. This provides an opportunity to sell yourself as a high-flying candidate.

Work experience
List your work experience in a chronological order. The work experience to include can be full time or volunteer positions, independent or group projects, as long as you can demonstrate they provided you the opportunity to build and apply skills which may be directly or indirectly transferable to the role you are applying for. Each of these work experiences should Include your job title, organization name, duration of work and the tasks you did while occupying that role ­– this can be summarized or listed as bullet points

Skills and Competencies
While several CVs have sections to list skills and competencies, describing them in your work experiences, education and accomplishments provides a better way to communicate them. This shows employers that you don’t just have potentials, but you are actualising them. Skills may include the ability to speak a foreign language, use a software or knowledge of a trade. Whatever it is, just ensure that it is presented to be relevant to the role for which you are applying.  Be careful not to exaggerate your abilities or make claims that you may struggle to defend.

Achievements and Accomplishments
Your CV provides you an opportunity to showcase yourself as the best candidate for the place you are applying for. Therefore, you may want to include any award, honor, prize, fellowship or grant you have received as achievements. Accomplishments may include opportunities you have had such as your article being published on a reputable platform, presentations and recognitions you have received

Interests
Beyond hobbies, interests provide a more encompassing way to show your life outside. They should not be generic such as stating you like reading, travelling and watching football. They should be more active and present you as an interesting person desirable on a team. These can be as detailed as the genre of books, movies and music. Participation in a choir, band or drama group. Volunteerism in an association or group. When interestingly presented, your interests can become talking points at interviews. So, let your interest be want you familiar with. Don’t claim to be an expert at playing golf in you’ve only stepped on a golf course.

Grey Areas
Pictures
It is becoming increasingly common to see pictures on CVs. It is not mandatory that you picture is attached to your CV unless you are applying for an acting or modelling job – it may not even be necessary in this case. Adding a picture can also make the file size of your CV, making it difficult for applicant tracking systems (ATS) to process. Your online presence provides you a channel to project your pictures. Ensure that you have a picture that fits a workplace on social media channels such as LinkedIn. For pictures of your projects, a portfolio is the best document to present them. A portfolio makes it possible to present them with notes to provide more information to the reader.

References
Take note of specific instructions that may require you to add references to your CV. If not stated, adding references may not be necessary. For academic CVs, references are always required – a majority of which must be past academic tutors and sometimes a manager in the workplace can be one of the three. CVs for job applications that require references can have only managers who you have worked with in the past. On all occasions, ensure that your references are those that can provide supporting information about you if the prospective employer or institution you are applying to requires them to. References should include their name, roles, company/institution, email and phone numbers.

A great CV takes your skills and experience and tailors them to the job you’re applying for. The following are tips to help you get started in creating a successful CV and securing your first (or next) job.

Basics
There is no right or wrong way to write a CV but there are some common sections you should cover. These include: personal and contact information; education and qualifications; work history and/or experience; relevant skills to the job in question; own interests, achievements or hobbies; and some reference. There is no need adding the title of a “Curriculum Vitae” to your document. The title should be your name and the layout should make it obvious that it is a CV. Use regular font such as Arial, Calibri, Helvetica, Times and Verdana. Avoid fancy fonts that may look cool to you but may be difficult to read for a recruiter who has many CVs to go through.

Understand the job description
Take notes and create bullet points, highlighting everything you can satisfy and all the bits you can’t. With the areas where you’re lacking, fill in the blanks by adapting the skills you do have. For example, if the job in question requires someone with sales experience, there’s nothing stopping you from using any retail work you’ve undertaken – even if it was something to help pay the bills through university or working in a family member’s retail outlet. It will demonstrate the skills you do have and show how they’re transferable. Just make sure you are not lying and you can defend every claim you make. Another trick you can use is to utilize the keywords in the job description in presenting your work experience and skills in your CV.

Tailor your CV to the role
When you’ve established what the job entails and how you can match each requirement, create a CV specifically for that role. Remember, there is no such thing as a generic CV. Every CV you send to a potential employee should be tailored to that role. So, don’t be hesitant to always do the work of editing your CV to fit the role for which you are applying.  You don’t have to re-write the whole document, you can always tweak the details so they’re relevant to each role you are applying for. In a CV, for example, if you are applying for a job in sales, you might want to put your sales experience and training at the top of the work experience and education sections of your CV.

Make the most of your skills
Under the skills section of your CV, don’t forget to mention key skills that can help you to stand out from the crowd. These could include: communication skills; computer skills; team working; problem solving or even speaking a foreign language. It is not enough to list your skills as a bullet point. You can write a short note on how you acquired or have demonstrated each skill. Skills can come out of the most unlikely places, so really think about what you’ve done to grow your own skills, even if you take examples from being in a local sports team or joining a voluntary group – it’s all relevant.

Make the most of your interests and volunteerism
Interests provide you an opportunity to present your life outside work that further indicates you are the right fit for a role. Under interests, highlight the things that show off skills you’ve gained and employers look for. Include anything that shows how diverse, interested and skilled you are. Describe any examples of positions of responsibility, working in a team or anything that shows you can use your own initiative. For example, if you ran your university’s newspaper or if you started a weekend league football team that became a success. Don’t include passive interests like watching TV, solitary hobbies that can be perceived as you lacking in people skills. Make yourself sound really interesting.

Make the most of your experience
Use assertive and positive language under the work history and experience sections, such as “developed”, “organised” or “achieved”. Try to relate the skills you have learned to the job role you’re applying for. For example: “The work experience involved working in a team,” or “This position involved planning, organisation and leadership as I was responsible for a team of people”. Really get to grips with the valuable skills and experience you have gained from past work positions, even if it was just working in a restaurant – every little detail helps.

Keep your CV updated
It’s crucial to review your CV on a regular basis and add any new skills or experience that’s missing. For example, if you’ve just done some volunteering or worked on a new project, make sure they’re on there – potential employers are always impressed with candidates who go the extra mile to boost their own skills and experience. You can always add that new online certification you received. Just ensure that each addition is relevant to the role you are applying to.

Presentation is key
A good CV is clear and concise. Also, employers receive dozens of CVs all the time so it’s unlikely they’ll read each one cover to cover. Most will make a judgment about a CV within sections. The layout should always be clean and well-structured and pleasing to the eyes. CVs typically take a chronological, functional or hybrid format. Though the chronological structure is most commonly used, if you are just starting out in the industry or have gaps in employment, you may consider a functional CV to emphasise your competencies and skills. You can also use the hybrid format which combines both chronological and functional format. You can use a template or flexible CV builder to develop your CV so as to stick and follow through on a clear presentation format.

Proofread multiple times and share with others for feedback
The first draft of any document is prone to all kinds of errors. The secret of flawless documents is not in writing a perfect first version but re-writing until it is near-perfect. Ensure that you read your document multiple times to spot errors. Reading out loud each word can help you to spot errors faster. You just never seem to notice some omissions until they are pointed out by others. So, do not hesitate to share your CV with others to proofread for you. Finally, you can always consult a career advisor, mentor or professional to review your CV for recommendations on areas you can make improvements. The more background work you have done on your own, the less you would likely have to do after their review. Your CV for review may be so perfect that it leads to an unexpected opportunity.

As the number of applicants to organisations have increased over the years and information technology have become more adopted in human resource management, Applicant Tracking Systems (ATS) are one of the technologies that have been embraced by organisations to manage their recruitment processes.

ATS are software applications used to process job applications submitted by candidates, they manage online job application forms, attached CVs, cover letters, credentials and other documents submitted by candidates. Some of them have now incorporated artificial intelligence to scan applications and CVs to recommend candidates to move to the next phase of consideration or interview in a recruitment process. This is why they are called robots.

The larger an organization, the more likely the organization uses an ATS due to the number of submissions they receive during their recruitment process. Most ATS scan CVs for relevant keywords on the candidate’s skills, educational background, and work experience.

Before your well-written CV grabs the attention of recruiters in an organization, getting past the ATS system is the first task. Following are tips to ensure that your CV works well with ATS:

Proper Formatting
ATS process texts. Therefore, the more plainly written your CV is, the faster and easier it is to process by ATS. Avoid the use of tables and graphics such as pictures, logos, shadings and symbols. in your CV. Use standard margins made available in document creation tools, use at least a font size of 11 of standard fronts, and take note of the format of submission recommended by the organisation. Most ATS find it easier to process Word documents as PDFs standards vary and can be more difficult to process.

Emphasize your Skills and Achievements
ATS use filters to recommend candidates for consideration in the recruitment process. These filters search for the availability of relevant skills to for a job in the CVs submitted by candidates. Power words such as “won”, “earned”, “improved” and more can be an indicator to the robot about the quality of the candidate. Therefore, it does not matter how long or beautifully styled your CV is, what is far more important is the quality of its content as it relates to the relevant skillsets you possess and their suitability to the job you are applying for.

Use the Right Keywords
Using the right keywords start from understanding the job description of the position you are applying for and tailoring your CV to it. Highlight your skills with words and phrases used to describe the ideal candidates for the role you are applying for in your CV. You can also use these keywords to describe your job functions in the work experience section of your CV. Don’t limit yourself to acronyms, but use spell out the full words ­– A Bachelor of Science (B.Sc) degree is an example. However, do not flood your CVs with keywords and jargons such that become inauthentic to a human reader during the recruitment process. 

Work on your Online Presence
Some ATS providers have offerings to search and assess the online presence of candidates. Therefore, make deliberate attempt to build a professional brand online. You can make dictate the narrative and make your online presence easier to find by putting adding links to your LinkedIn and website to your CV. You can read more about this in the section on building your online presence.

Leverage Networks
Several organisations use a referral system in their recruitment process. Having a recommendation from one of their staff can move your application up in the ATS stack or even bypass it entirely. It is therefore recommended that you reach out to professionals who may work directly or know someone who does in a company. This can help in advocating for you.

Remember the Humans
As with many technologies used in the workplace today, ATS doesn’t make the final decision on a candidate but only assist recruiters to do their jobs more efficiently. Therefore, bypassing an ATS is not a guarantee that you have secured a job, humans may re-evaluate your CV to be sure you haven’t tricked it. Present your CVs in a chronological format that makes your work experience easy to see or a functional format that puts a spotlight on your skills, depending on what your area of strength is for the job application. Also ensure that while the presentation of your CV is simple for ATS to read, it is also attractively well-laid out for human readers.

There are a number of online tools that can be helpful in developing, optimising and enhancing your CV. They range from simple CV builders, online presence development, to those leveraging artificial intelligence to providing   These tools include:

Grammarly
With Grammarly, you can eliminate writing errors and express yourself perfectly on your CVs by giving you real-time feedback as you write. You can also copy and paste your CV content to it. Beyond writing your CV and cover letter, Grammarly is a great tool for improving your writing.
Visit https://www.grammarly.com/

Novorèsumè and Ineedaresume
Novoresume and Ineedaresume provide online templates readily designed for use in creating your CV. Novoresume also has a content analyser to improve your resume content and suggests possible revisions to make it even better. It can help to present your CV in multiple languages which can be downloaded and shared with others.
Visit https://novoresume.com/ and https://ineedaresu.me

Resumeworded and Vmock
Resumeworded and Vmock are online tools developed with the knowledge of recruiters to score and review your resume and LinkedIn presence using Artificial Intelligence. They also have an scanning feature to test how ATS will process your CV. It gives you a personalized feedback and actionable steps to greatly improve your CV’s impact. It is simply a CV and online presence optimization tool.
Visit https://resumeworded.com/ and https://www.vmock.com/

Sumry.me
This tool lets you take a storytelling approach to building your CV. It sums up your skills, background and interests in a browsable sections such as your story, personality, skills and references. You can also add contact information and links to your other channels of online presence. It doesn’t just end there, you can decide to download your CV in PDF format in addition to the online version.
Visit https://sumry.me/

Jobalytics
Jobalytics is a chrome addon that helps you to analyse your CV and matches it to job postings on leading online job boards such as LinkedIn, Indeed and Monster.com. It instantly lets you know how you can make your CV stronger for it to get past ATS and increase your chance of getting an interview.
Visit https://www.jobalytics.co/

Here is a list questions to assess the readiness of your CV: 

  • Is the layout well-organised, attractive and inviting to read?
  • Does it feature relevant personal data?

     

  • Is the content targeted at the role you are applying for?

     

  • Are your skills featured as  relevant to the job/industry?

     

  • Does the CV demonstrate your transferable skills and competencies?

     

  • Is your education and relevant training featured to the job?

     

  • Has your CV been proofread for grammatically correctness?

     

  • Is it well formatted and well presented?

     

  • Is it trimmed to one or two pages or maximum of three as an experienced hire?

Cover Letters and Emails

Overview

A cover letter is a simple, concise and formal letter separately attached or within your email to accompany your CV when applying for a job. It provides an opportunity to introduce yourself in the context of the role you are applying for by building on essential information from your CV relating to the job opening you are seeking. The cover letter is a tool to help introduce yourself in a personal way and make a good impression during a job application.

Here are the things that will make your cover letter stand out:

  • Do a thorough research

You must research the company you are applying to before you draft a cover letter. Research helps you get a sense of the company’s culture. Also, you will be able to compare your skills with the requirements for the position.

Researching the company will help dictate the tone you want to use, which may differ greatly, from company to company and industry to industry. For example, the tone of your letter for a legal consulting firm will likely differ from a tech startup.

  • Tell a compelling story

Everyone loves a good story, and recruiters and hiring managers are no exception. Telling compelling stories from your career will make your cover letter unique and memorable for whoever reads it. The anecdotes in your story should serve multiple purposes in accomplishing a lot at once. It should highlight your top hard skills, competencies and specific experiences you want to share. Above all, it should highlight how those skills and experiences have been used.

  • Show how you can solve specific problems

Don’t just mention that you have amazing problem-solving skills. Explain the details of a particular problem you were key in solving and how exactly you employed your skills to solve it. Better yet, if you know the company has a specific problem you could help solve, outline how you can help solve it.

  • Be Honest

Lying on your cover letter is not in your best interest. Implying or stating that you have a skill that you don’t will backfire, so, don’t lie about your competence.

  • End with a call to action

End your letter with a reason for them to contact you. But don’t add remarks like, “I’ll call to schedule an interview.” This doesn’t make you a go-getter, it crosses a boundary. Instead, let the call to action be polite and open-ended, suggesting that you are excited to offer more information and that you’re looking forward to talking with them. 

  • Give your cover letter a unique visual format

A unique visual format for your cover letter can help you stand out from other candidates in a positive way. Just be sure that the unique format you use is appropriate for the company you’re applying to and its industry.  

  • Proofread your cover letter

Always proofread your cover letter for errors and have friends and family read through the cover letter.

When a cover letter is used
A popular question in the mind of many applicants is whether they are to write a cover letter or not. The answer to this question can sometimes be tricky, some job listing requests cover letters while some don’t. One thing to keep in mind is that you should add a cover letter when applying if the job opening that requires one. Even if the job description says “cover letter optional”, it is still advisable to write a great cover letter and attach it to your cv or resume.

Here are a few times you should use a cover letter while applying for a job:

  1. The job description requests or requires a cover letter even if it’s optional.
  2. Someone at the company said you could include their referral on your cover letter.
  3. The job demands writing and communication skills – this will give you a chance to show your skills.

Why should you add a cover letter?
Always keep in mind that competition is fierce for the best positions, so, writing and attaching a great cover letter to your application gives you an opportunity to impress the hiring team. If you’re serious about landing a particular job, cover letters are crucial. Your chances of getting a response from that job increase if you put some consideration into writing and submitting a cover letter.

Here is a list of questions to assess the readiness of your cover letter: 

  1. Does your cover letter have a strong opening paragraph, communicating your job target and key strengths within the first few lines of the text?
  2. Does your cover letter conform to a standard business letter format? 
  3. Is your cover letter addressed to a specific individual, if the name is available?
  4. Are your accomplishments highlighted?
  5. Is the content engaging and relevant to the job description?
  6. Is the cover letter succinct, containing just enough information to entice the reader to review your resume?
  7. Does your cover letter sound genuine? Does it reflect your personality and make you seem likeable and approachable?
  8. Did you proofread your cover letter to ensure it is grammatically correct, concise and clear?
  9. Do the writing style and design coordinate with the resume, such as by using the same font and layout style?
  10. Is it contained in one page (graduates) or a maximum of two pages (experienced professionals)?
  11. Did you provide an easy way for employers to contact you, such as a direct phone line and email address?
  12. Does your cover letter end with a call to action, confidently requesting an interview?

Here are other resources to read to help with your cover letter.

Portfolios

Overview

A portfolio is an extension of a CV organised as a document to showcase your work samples, projects undertaken, and accomplishments as a demonstration of your skills. It can also contain awards and recognitions, feedback and testimonials on your work, and brief notes on the project background, project owners and collaborators where necessary. Some portfolios have embedded in them CVs of the portfolio owner while others are only a collection of projects undertaken.

A growing practice is to include the weblink and QR code (of the weblink) to your portfolio on your CV or cover letter – especially when the employer, funder or collaborator is highly interested in your project experience. There are specialised portfolios such as Behance for designers, Github for programmers, and SoundCloud for musicians. The best portfolios are a collection of your work made publicly available.

Here is a list of things that makes up a professional portfolio in no particular order:

  • Biographical information.
    This section is a great spot to show off your personality and build a relationship with clients or potential employers. Talk about your professional background, experience, and successes while also including a few details from your personal life. It’s not necessary to include your entire life narrative in your bio, but a few things that give potential clients a glimpse of who you are will be wonderful.

  • Skills and Abilities.
    What distinguishes you from other candidates for employment is your skill set – what you can do. Include any technical or hard skills relevant to your work, but you should also think about emphasizing your soft skills. For instance, if you’re a web developer, it goes without saying that you should mention your expertise in web development or particular programming languages.

  • Work samples.
    Showcasing your best works or projects is an excellent way of proofing your skills and how you can bring value to your clients or employers. You may include samples that demonstrate a variety of your skills whenever possible. The samples could be in the form of projects, articles, reports, brochures, or presentations, depending on the sector of the economy you work in.

  • Education/Certifications/Professional Development.
    Add your educational qualifications and professional certifications you have acquired over the years – this will further prove your credibility and competence. Also, mention any professional training you have received that is relevant to the position you’re applying for or your career paths, such as webinars, workshops, seminars, or other events. Adding professional development show employers that you’re interested in learning and enthusiastic about your career.
  • Curate your portfolio materials

Curate all necessary information and materials you’ll need for your portfolio as written in the essentials of a portfolio section. These include your biography/professional summary, skills and abilities, work samples, educational/professional certifications, professional developments, high-quality pictures, links to your social pages, contact information, etc.

  • Select the tool to use

There are a number of tools you can use to create your portfolio, and the steps or guidelines to creating one vary across those platforms. You can use Microsoft Powerpoint, Apple Keynote and other presentation applications. You can also use Canva, Photoshop, Coreldraw and other design applications. These tools can help you to create a print or PDF version of your portfolio. You can also use several online platforms for creating e-portfolios that are accessible on the internet. Most sites have a ready-made template you can use and edit to your taste to make your portfolio stand out.

  • Make your Portfolio visually appealing

Ensure you select a design template that will appeal to your audience (clients or employers). It entails selecting a good, friendly and interactive design. Ensure the contents are well-arranged – sort all your information into categories and put them in a precise, easy-to-follow sequence.

You can learn more here and here.

Here are some tools or platforms to build your portfolio:

Microsoft PowerPoint, Apple Keynote, Photoshop, CorelDraw and Canva. It is recommended that you create a PDF version of your portfolio and make them available online so that you can also share the link.

For online portfolio creation, you can use: Google Sites, FolioTek, FolioSpaces, Weebly, OPResume, Wix, Behance (Designers) and GitHub (for programmers).

You can download this template for general use.

For specialised portfolios, you can visit the following links:

https://www.getresponse.com/blog/online-portfolio-examples

https://www.glorialo.design/

https://www.hostinger.com/tutorials/web-developer-portfolio

Checklist

Here is a list of questions to assess the readiness of your project portfolio:

  1. Is the design and layout, and table of contents properly done?
  2. Is the outline describing the entire collection and its sections properly articulated?
  3. Is the list of skills and capabilities (Resume) included?
  4. Is the introduction to each sample concise, focused and clear? 
  5. Is the creation of each project properly stated (e.g., project description, inspiration, programs/software used, credits etc.)
  6. Does it contain your best work?
  7. Does the portfolio pop, is it aesthetically pleasing?
  8. Does it Include your identifying information and contact details on every page?

Online Presence

Overview

An online presence is a collective impression a person or organization makes online, which can be found through an online search. This is often a combination of a person’s presence on social and professional media channels, blogs, websites, forums and features on websites owned by other individuals and organizations.

Social and professional platforms, individual blogs and websites, forum accounts, and other online presences are no longer just for you; as recruiters become more tech-savvy and are looking up potential employees’ online footprint, it is crucial for any student considering an employment career to have a strong, professional-looking online presence. Your online presence can leave a good or bad impression, even before a prospective employer or professional meets you.

Here are a few tips to create a great and healthy online presence

  • Google yourself
    Make sure to Google yourself right now if you haven’t in recent months. Use an incognito tab and a web browser that you don’t typically use to search. Pay close attention to what appears on the first page of the search results as a job seeker because prospective employers and clients will do the same. Your social media accounts will likely appear on the first page of search results if you don’t have a very common name, so make sure you’re completely comfortable with whatever you share on social media.

  • Establish Accounts in Multiple Places
    You should reevaluate your internet presence if it is solely Facebook/Instagram-based. It is not a professional network, and having an account here rather than, say, LinkedIn, suggests that you are more concerned with personal issues than professional ones. To boost your name, consider additional social media platforms such as Behance, LinkedIn, Twitter, and Tumblr.

  • Keep Your Online Presence Consistent with Your Profession.
    Some social media are better suited than others for particular professions. Accounts on Pinterest or Flickr will work perfectly if you’re a designer, photographer, or artist. Not that much if you’re a lawyer. Do a quick research on what platform suit your profession and harness such platform to your advantage.

  • Optimise your profiles.
    It’s crucial that anyone who stumbles across your page can recognize you right away and be able to understand your brand, hence the need to optimise your profiles. The word “optimisation” can imply a lot of work but it is simple and essential to make your profile stand out on social media. A social media page with a half-finished bio and information and poor pictures won’t gain much traction compared to a well-optimised page. Ensure to fill every part of your profile with the necessary information, high-quality pictures/videos, well-written content, etc as this contributes to the traction your profile gets.

  • Enjoy in Moderation–Control your Content
    As exciting and entertaining as it may be to use social media to develop your brand and increase visibility, the secret to maintaining a healthy online presence is to set time limits and pay attention to the information you publish/post, like, and even how you comment on other’s post. Before you jump on a trend, always think of its impact on your brand and what it will communicate to visitors. Recruiters might go beyond your well-optimised LinkedIn page/ porLinkedInor even your blog and check your social media interactions – ensure to always leave a good impression.

Here is a list of questions to assess your online presence:

  1. Can you easily find your profile when you Google your full name?
  2. Do you have any of the following social media accounts – Facebook/Twitter/LinkedIn/Instagram?
  3. Will you be comfortable with the content associated with your account when searched for by a recruiter?
  4. Do you have informational content on your online pages?
  5. Are your contact details and about available on your blog/medium account?
  6. Are your social media accounts name correctly?
  7. Are your content and images consistent across all social media platforms?
  8. Are your profiles well-optimised to be attractive to employers?
  9. Do you have a customised LinkedIn Url?

Interviews

Overview

The job consideration process includes an important phase called an interview. The interview gives the employer the opportunity to ascertain whether an applicant’s qualifications, background, and personality match those of the position, and it also helps the applicants to know more about the role, and the company. 

The interview stage allows the employer or hiring manager to assess whether an applicant would likely fit in with the organisation’s culture. It also allows an applicant to ask questions or clarify doubts or questions raised by the hiring manager that stems from their experience, qualification or CV, Cover Letter, and other application documents.

  • Research the Company
    Spend a couple of hours gathering as much information as you can on the company from as many sources as you can – this will help you know more about the values, and vision of the company. You can also reach out to current and former employees of the company through LinkedIn to learn about the work culture and ask for a few tips that may be of help to you during the interview.

  • Learn everything you can about the job role
    Knowing what the interviewer is looking for in a candidate is necessary before you can impress them with your knowledge and experience. Most companies have a list of what they’re looking for in a candidate, so go back to the description you used before you applied. These are the things you should highlight in your interview.

  • Practice Possible Interview Questions
    Search for general and technical interview questions that align with the role you’re applying for and make a list of those. Begin rehearsing your answers to them once you’ve jotted down all of the questions you’ll likely be asked during the interview. You will feel more at ease throughout the interview if someone else is asking the questions.

  • Learn to Introduce yourself
    Oftentimes, to start conversations in an interview, the hiring manager asks the applicant to tell them about themselves. You must be able to introduce and interestingly present yourself – You can do this by telling a unique story that captures your growth as an individual and why you choose your career path or why you’re passionate about the job you applied for. This will make interviewers relate with you better rather than the formal “I am passionate, courageous, etc.” format.

  • Good Communication and Body Language
    Whether it’s an online or physical interview, one of the most crucial things a hiring manager or team looks at is your communication skills and body language. Always approach the interview session as a two-way conversation and make your responses direct, honest, and concise. Avoid using jargon or giving out the wrong body language while you speak or listen in an interview. It is okay to ask the interviewer to rephrase questions if you are unsure about what is being asked during an interview.

  • Ask Question(s)
    Do you have any questions for me/us? is how most interviews end, and you should have some questions to ask. This is the part where you get to ask questions that are pertinent to the position and business. You can write down your questions ahead of time and tick the ones that have been addressed as you discuss them during the interview – you can raise the rest of your questions at the end of the interview.

Here’s a list of questions to check your interview (virtual and physical) readiness:

  1. Have you researched the company?
  2. Have you googled or searched LinkedIn for the profile of the company’s hiring manager?
  3. Have you studied to understand the job role?
  4. Do you have an idea of the relevant skills needed for the role?
  5. Do you know how to get to the company’s location?
  6. Can you introduce yourself in one minute?
  7. Can you communicate how your skills fit the job role?
  8. Do you have follow-up questions for your interviewer?
  9. Do you know the dress code for the company you’re interviewing with?
  10. Do you have formal wear for a physical interview?
  11. Do you have a good internet connection?
  12. Does your device have a good camera that can show your face well?
  13. Does your device’s mic sound well?

Briefs and Concept Notes

Overview

Briefs, similar to an Executive Summary, are one-page documents that provide concise information on an idea or proposed project. This could be a business venture, research work, or initiative. A concept note is a summarized document written by an innovator, researcher, or mobilizer to communicate the key ideas of a project to decision-makers. This can typically span two to five pages.

These documents provide an outline of an idea or project to get support in funding, collaboration and any other form. In addition to conveying the thoughts of its author, it also aids clarity for the author.

Though Briefs and Concept Notes are usually written to an audience of decision makers, the first benefit it offers is that it helps an innovator to clarify and articulate her thoughts on an idea or project before committing resources to it. 

Potential areas of complexity to communicate can be an early indication on the complexity of information. Therefore, helping the innovator to streamline and focus on the simplest means through which the project objectives can be achieved.

The need to provide succinct and concise information helps an innovator to priorotise and select the most important ideas on a project for communication with decision makers and potential partners.

It also helps decision makers to quickly assess if a project is in alignment with their interests before an innovator commits a substantial level of resources into projects with an expectation of support. Some may provide feedback on how the project can be tailored to their interests which are more easily implemented if provided before the project.

  1. Is the concept note appropriately titled?
  2. Does the introduction or ‘background’ of the project clearly state the problem you are trying to solve?
  3. Are the goals and objectives clearly stated?
  4. Are the expected results clearly stated?
  5. Is the uniqueness of the idea highlighted?
  6. Is the budget properly stated?
  7. Is the document concluded with the desired call-to-action?

Business Plans and Pitch Decks

Overview

A business plan is a written document that describes in detail how your business or startup will achieve its objectives for product development, service delivery, marketing, sales and profitability. It provides a well-thought and researched roadmap for entrepreneurs to communicate to bankers and investors a feasible path to the profitability of their business.

A pitch deck provides a snapshot of the essential information about a company. This may include the company’s product, team, market size, and traction. For a majority of startup investors, the pitch deck is the first document in evaluating a startup they are considering investing in.

A business plan checklist includes:

  1. Is your business properly described?
  2. Is the problem you are trying to solve articulated?
  3. Is your solution to the problem stated?
  4. Who is your target market and how large is it?
  5. What is your competitive advantage? 
  6. How will your product get to your customers (will it be directly, or via a storefront, distributors, or a website?)
  7. What marketing activities will you use to attract customers?
  8. What is your business model (what are your revenue streams?)
  9. What are your starting costs? 
  10. Are your primary goals and milestones stated?
  11. Who is on your management team and what people do you want to hire to help you launch your business?
  12. Who and what are the partners and resources you need to help you launch?

A pitch deck checklists include:

  1. What problem are you trying to solve? a description of the problem and how the company solves it – concept & key elements
  2. What does the company do, for whom and why it’s compelling? 
  3. Who are your Key Players: founders, key team members, and key advisors, with industry backgrounds and expertise?
  4. What is the market Opportunity: market size, growth characteristics, segmentation?
  5. Who are your competitors?
  6. What is your Go-To-Market Strategy? 
  7. What are the stages of development? product development, customer acquisition, partner relationships
  8. What are the critical risks and challenges? 
  9. What are your financial projections?
  10. What are the funding requirements: how much, what the company will use it for, and what milestones it expects to hit?

Proof of Concept and Prototypes

Overview

When you come up with a brilliant idea, it is advised that you first prove that your idea is practical, useful, and commercially viable, thereby worthy of your investment in resources and that of others. A Proof of Concept is a piece of evidence that this idea can be technically implemented to deliver its intended benefits.

A Proof of Concept can be a prototype for physical products (as a design or tangible object), minimum viable products (MVPs) in software, and pilots for sizeable projects. For large-scale projects, it is important to uncover their prospects of success and the conditions that will be required. A feasibility study helps to make this assessment and can be extended further to estimate the resources and timeline that will be required for the success of a project. The best feasibility studies are those that are not only theoretical but also put into use a Proof of Concept.

For visual representation of products, graphical tools such as Adobe Photoshop, Illustrator, and CorelDraw.

For physical products, they can be designed with CAD Software such as AutoCAD, Revitt and Solidworks. Your design can be produced and replicated with 3D printers.

For software, web and mobile apps, you can use tools such as: Balsamiq, Figma, Sketch and Visio. To develop the applications, you can start with low to no-code tools such as Bubble, Microsoft PowerApps, and Mendix.

Included in the checklist of an appropriate feasibility study are:

  1. Is there an existing clear need for the product or solution?
  2. Can you find quantitative (data) evidence or qualitative evidence (real stories of people) to support this need?
  3. Is there any effort by those affected to meet this need? 
  4. Do you have the resources needed to make the product or have a means to access these resources?
  5. Is the cost of developing the product/producing the product affordable to the payers?
  6. Do you have the personal capacity or someone you can team up with to develop a prototype?
  7. Is there a willing payer for the solution you are providing? Either by those who will be using the solution directly or another person or group connected or interested in them?
  8. Can you generate revenue or profit that can sustain your continual development of the solution?

Agribusiness

Overview of the Agribusiness Industry

The Agri-Food sector is one of the most essential sectors globally and one of the largest in most African countries by job creation. It covers the activities across the agricultural value chain. These include: Extension Services, Input Production & Supply, Crop & Livestock Production, Produce Transportation, and Food Processing and Distribution. 

The industry includes smallholder farmers and large-scale farmers who produce food. It also includes producers and distributors of farm tools, equipment and inputs—fertilisers and herbicides; commodities, off-takers, aggregators and sellers who buy from them and sell to processors and exporters. 

Processed food companies operating in the Fast Moving Consumer Group industry are also significant players in the Agribusiness industry. There are digital service providers who provide solutions in areas such as weather forecast, precision farming, and improved access to inputs and services for farmers and agribusinesses.

The field of agribusiness offers numerous career opportunities ranging from traditional farming occupations to business-related areas like marketing and finance. Education requirements vary based on an individual’s specific area of interest; careers in farming often require primarily on-the-job training. However, more business-related specialities can require undergraduate degrees. For example, students interested in marketing for agricultural companies may be able to tailor their degree in marketing toward that specialisation.

The following are careers and roles available in the Agribusiness for graduates include: Agronomy Salesperson, Renewable Energy Analyst, Agricultural Manager, Dairy Economist, Agricultural Operations specialist, Agricultural Policies specialist, Farm supervision & management, Agricultural & rural program management, Advisory & extension services; Animal and plant breeding and care, Soil science; analysis and testing, Agricultural engineering, Production supervision, Monitoring and evaluation of agricultural projects, Agricultural product marketing and sales, Technical Services Consultant, Breed, Association Representative, Field Service Specialist, Crop Production, Agricultural, Consultant, Production Advisor/Supervisor, Livestock Purchasing Agent, Ranch Management, Precision Agriculture, Commodity, Florist, and Machinery operator.

Graduates with degrees in agricultural programmes excel in other industries interested in the agriculture sector, such as banking and insurance companies. Others include manufacturing, quality assurance, and food processing. Working for international agencies and NGOs focused on the Agricultural sector also provides an opportunity for a rewarding career. 

The companies that pay the most are multinationals in commodity trading, inputs production and equipment manufacturers. The closer a company is to the final consumer in the agricultural value chain, the more the potential fraction of revenue it can earn from customers in the value chain. However, companies try to cover as many activities as possible in the chain. The highest earners in the industry are Environmental Engineers, Agronomy Sales Managers, Agricultural engineers, Food scientists, Animal geneticists, Veterinarians and Agricultural Operations managers.

  1. Continual learning and Adaptation
    Farmers and agribusinesses have to continually adapt to changing conditions such as soil conditions and climate change on the farm and changing consumer tastes in the market. New varieties of crops with different farming practices also emerge, which may require farmers to adjust to new planting and growing techniques.

  2. Planning and organisation
    Farms and agribusiness projects are complex projects that must be well-managed for success. For farmers and agribusiness professionals to get the most profit from their enterprise, they have to think and plan around the entire agricultural value chain. It is where planning and organisational skills are of great value. For example, raw materials (often more than one product) are transported, stored, and delivered from producer to wholesaler, considering how best to preserve them for consumers. Furthermore, labourers, farmers and machine operators rely on time management and planning skills to ensure that the crops are planted, harvested and sold using the best methods.

  3. Analysis and Problem-solving
    Agriculture requires strong problem-solving skills. For example, a farmer usually seeks the best ways to increase their harvest. When adverse weather causes harvesting delays, a farmer must make effective decisions in this situation. A productive season is ensured with strong problem-solving skills regardless of unpredictable conditions.

  4. Professionalism and industry awareness.
    Professional knowledge about the industry is essential for a farmer. It is to improve skills by staying up-to-date with marketing techniques, field operations, production technology and machinery. In addition, having this knowledge can help plan for short and long-term goals.

  5. Networking and teamwork. Many jobs in agriculture require working with others. Farmers can leverage connections with commodity off-takers and processors for guarantees of the purchase at the best price possible before investing in production. Team members run large integrated farms and agribusinesses with specialities to ensure that the venture operates with minimal loss and maximal profit. Supply chain managers must interact with farmers who produce raw materials and deliver these goods to other clients. The clients will then send the product to another location for further processing (such as a juice factory) or directly to the consumer. 

  6. Digital Proficiency. As producers and agribusinesses evolve from rain-fed to data-driven agriculture, agriculture is going increasingly digital. Digital competencies relevant to the industry are data analysis and visualisation for insights into agricultural production and markets. In addition, digital marketing through content development for consumer education and social media marketing to reach targeted customers are also relevant in the industry.

The relevant formal degrees/certifications available include; crop sciences and production, veterinary medicine; animal science, production and health; fisheries; crop science & production; agricultural administration & agribusiness; agriculture economics & extension; rural development and sociology.

Postgraduate degrees relevant to the agribusiness industry include: Agrifood Technology, Plant and Forest Biotechnology, Sustainable Aquaculture, Agronomic Engineering, Marine and Lacustrine science, Agricultural Data Management & Decision Model, Urban Agriculture and Green Cities, Aquatic Pathobiology, Agricultural Economics, Marketing & Management, and Nutrition and Rural Development.

Work experience is invaluable, and some agricultural courses will require you to have some practical farm experience as a mandatory graduation requirement. In addition, many ancillary industries also like to see people with some farm work experience. This is because they have first-hand knowledge of their customers’ practical challenges.

Professional certifications relevant to the industry include Project Management Professional Certificate. In addition, some leading agricultural institutions in the world also provide short courses for professionals in the agribusiness industry. These institutions include Universities of Agriculture, International Institute of Tropical Agriculture (IITA), Wageningen University & Research, Purdue University, Universidade de São Paulo, Huazhong Agricultural University, China Agricultural University, and Galilee International Management Institute.

Considering starting a farm of your own? Peri-urban areas are good locations due to the affordability of land to purchase or lease compared to land prices in cities. You will also benefit from access to power, a good road network and markets. However, they may not be constantly available in rural areas where land may be cheap. Some farming estates, where you can find farmland, are still available. Those into vegetable farming and other highly perishable produce that needs close access to markets and vertical farming/hydroponics are innovative operations requiring significant land sizes for urban agriculture. You may also consider livestock and fish farming in urban areas.

There are numerous opportunities in agribusiness beyond farming. A bulk of options in the industry are in the delivery of farm solutions to producers and value-addition to agricultural products for consumers. The largest employers in the industry are typically in one or both areas of the industry. Africa has many farmers who need solutions to make their operations more efficient and boost their productivity. These solutions range across the agricultural value chain to include advisory/extension services, soil testing, inputs, and linkage to the market. These solutions can be scaled up with digital services widely used by farmers and extended through partnerships with organisations in the Agric sector. It has led to several startups using technology to provide solutions in the industry. The success of the agency business model in the delivery of financial services is also being adopted in the industry to reach farmers in remote communities across the country effectively. 

Companies such as Flour Mills of Nigeria, Olam’s, Saro and Honeywell offer graduate training programmes. These graduate recruitment opportunities are usually promoted on social media pages and shared on job sites. You can also find options for internships in medium-sized Agribusiness companies that may not have substantial experience gaining work experience.

International development agencies like USAID, DFID, and GIZ also have active intervention projects across the agricultural value chain. It is also true for development organisations such as Chemonics, Palladium and Oxfam. They typically provide contractual opportunities (which can be renewed periodically) to work in the industry.

Farmers or agribusiness professionals do a lot of fieldwork. Large agribusinesses typically have operations, their suppliers, and their service markets distributed across the country and sometimes globally. It makes travelling a typical of working in the industry. There is also a need to continually learn and adapt to changes prompted by climate change, new technologies, changes in consumer taste, and price inflation. 

Multinational companies in the industry pay significantly better work benefits and higher salaries. Large indigenous companies in agricultural inputs and produce processing, international development agencies and companies, and venture-backed startups working in the industry also pay higher.

      • International Association of Agricultural Economics
      • Association for International Agriculture ​and Rural Development
      • International Food and Agribusiness Management Association (IFAMA)
      • Association for International Agricultural and Extension Education (AIAEE)
      • Agricultural Economics Society
      • International Association of Agricultural Information Specialists

      Nigeria
      Nigeria Agribusiness Group (NABG)
      Institute of Agribusiness Management Nigeria
      Agricultural Society of Nigeria
      Agricultural Extension Society of Nigeria (AESON)
      Nigerian Association of Agricultural Economists
      Youth Farmers Association of Nigeria
      Rice Farmers Association of Nigeria
      All Farmers Association of Nigeria (AFAN)
      Nigerian Institution of Agricultural Engineers, Young Professionals for Agricultural Development (YPARD)

       

Global
Norman Borlaug, Harry Stine, Liu Yonghao , Lynda Resnick, Andrej Babiš, Qin Yinglin

Nigeria
Akinwumi Adesina, Abubakar Sadiq, Mohammed Falalu, Ibrahim Maigari of RiceAfrika, Kola Masha of Babban Gona

 

International
Food and Agriculture Organization of the United Nations (FAO), International Institute of Tropical Agriculture (IITA), International Fertilizer Development Center (IFDC), International Fund for Agricultural Development (IFAD), World Food Programme (WFP), Consultative Group on International Agricultural Research (CGIAR), International Food Policy Research Institute (IFPRI)

Nigeria
Federal Ministry of Agriculture and Rural Development (FMARD), Nigerian Institute for Oil Palm Research (NIFOR), Nigeria Agricultural Quarantine Service (NAQS), National Horticultural Research Institute (NIHORT), Cocoa Research Institute of Nigeria (CRIN), National Agricultural Extension, Research and Liaison Services (NAILS), National Veterinary Research Inst (NVRI), Nigerian Agricultural Insurance Corporation (NAIC), National Root Crops Research Institute (NCRI) Agricultural Research Council of Nigeria Nigerian (ARCN), National Agricultural Seeds Council (NASC), Institute for Oceanography and Marine Research (IOMR), Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL), Agricultural and Rural Management Training Institute (ARMTI), Forestry Research Institute of Nigeria (FRIN), National Root Crops Research Institute (NRCRI)

 

These include companies in food production, produce trading and processing of food and chemicals for industrial use:

Globally/International
Big Dutchman, Nutrien, CNH Industrial NV, Deere & Company, Bayer AG, Archer Daniels, Dow Du Pont, Cargill, AGCO Corporation, Kubota, Mahindra & Mahindra, Case IH, Sonalika International, Fendt, Deutz Fahr, Claas, Corteva Agriscience, Limagrain, Rijk Zwaan, East-West Seed, Advanta, Louis Dreyfus, S.G.S S.A, Adama Agricultural Solutions, FMC Corporation, Nufarm, Evonik, Pioneer, Covestro, Clariant AG, Yara International, Nutrien, and Sumitomo Chemical

 

Nigeria
BASF West Africa, Mebo Farms, BUA Food, Flour Mills of Nigeria, Dangote Group, Honeywell Flour Mills, Niji Farms, L&Z Milk, Aace Foods, Okomu Oil, Presco, Wacot, Saro Agro, AFEX, Notore Chemical Industries Limited, Zartech, Ajanta Farms, Agritec, Tuns farm, Natnudo, Skretting, Durante, Dizengoff, Seedco, Nosak Farm, Stallion Farm, Okomu Oil, Golden Oil Industries Ltd, Livestock Feeds, Adom AgroAllied, Hybrid Feeds, Godbreed Company Ltd, Afri Agri, Oasis Farms & Agro Services Ltd, Ladgroup, Chifam Investment, BIC Farms, African Agro, Alphayel, Biostadt, Harvestfield Industries, Hermonwell Company Ltd, OCP Africa, Primegold Chemical Industries Ltd, African Fertilizer and Chemicals Nigeria Ltd, Amends Agriculture Ltd, Comfort Agro Chemical Nigeria Ltd, Jubali Agrotec, Olam, Babban Gona, Indorama, AgroMall, Multichem, Amarshal Agro & Tech Ltd, Savannah Fertilizer Services Company Ltd, TAK Agro, Farmforte Agro-Allied Solutions Ltd, Mebo Farms, AgroMall, Agricorp International, Livestock 247

Startups
Esoko, Thrive Agric, Farmcrowdy, HelloTractor, Coldhub, Ecotutu, Apollo Agriculture, Releaf, Afrimash, Footlocker and Twiga Foods.

 

Challenges facing the agribusiness industry include:

Environmental Impact
A significant challenge in the agriculture sector is feeding the increasing global population. In addition, it reduces the environmental impact and preserves natural resources for future generations. Agricultural activities such as livestock production with high carbon emissions and food production with high water use significantly impact the environment. Examples of negative impacts include pollution and soil, water, and air degradation. However, agriculture can positively impact the environment, for example, trapping greenhouse gases within crops and soils.

Climate Change
There are increased pressures from climate change, soil erosion and biodiversity loss. In addition, consumers’ have changing tastes in food and are concerned about its production. Plants, pests and diseases also pose their challenges. Climate change affects farmers’ ability to grow the food the world needs. Increasingly volatile weather events change growing seasons and limit the availability of water. They also allow weeds, pests and fungi to thrive and reduce crop productivity.

Soil Erosion
Soil erosion reduces the amount of land available for agriculture. In addition, the declining biodiversity affects crop pollination. As a result, farmers have to conserve water and use fewer agricultural inputs.

Demand for Quality Food 
Farmers need to produce more food of higher quality. Recently, the focus has shifted from concern about ‘enough food’ to ‘good food’. Society has rising expectations of farmers to reduce their impact on the environment, increase crops’ nutritional content, and further minimise chemical residues in yields and the environment.

Poor Infrastructure in Developing Countries. 
Farms and agribusinesses, similarly to other businesses, suffer from poor infrastructure. Examples include poor road networks, limiting farmers’ access to markets and leading to high post-harvest losses as produce is transported on these roads. Preservation of produce is also made more difficult with the inadequate power supply to operate processing machinery and storage facilities.

High post-harvest loss of food with no sufficient technologies for food preservation and hunger is prevalent. It threatens the intensification of food insecurity in developing countries. At the same time, there is a high rate of food waste in developed countries.

Depleting natural resources such as land nutrients due to widespread industrial and agricultural practices and natural disasters.

  • Precision Farming with Satellites and GPS-enabled equipment
    Precision agriculture is changing farmers’ and agribusinesses’ relationship with the land they profit from. Precision agriculture collects timely geospatial information on soil-plant-animal requirements. It prescribes and applies site-specific treatments to increase agricultural production and protect the environment. Some equipment, such as GPS-enabled tractors, can operate with data for precision farming activities such as planting crops and spraying inputs.

  • Digital Advisory and Extension Services
    The widespread use of digital devices has made them one of the best last-mile distribution channels for precision Farmers. The reducing number of extension practitioners in many developing nations has led to innovative digital services. It makes it possible to disseminate Good Agricultural Practices (GAP) advice to farmers. The increasing availability of low-cost smartphones makes it personalised to farmers based on their location, crop, weather and other factors to make the advice as effective as possible. Farm advisors can now also reach a wider audience of farmers by leveraging digital channels. Social media is an effective channel for farmers to share information and connect to the market.

  • Market Information Systems
    It provides farmers and agribusinesses prices of commodities across markets. It helps to provide transparency in agribusiness transactions to ensure that farmers get a fair price for their produce while buyers are also not exploited. It also helps to provide insights into market trends for farmers to know when and where best to sell their produce while assisting agribusinesses in planning their purchasing.

  • Artificial Intelligence
    AI has a wide variety of applications in Agriculture. It is used to extend farm machinery and digital devices so that users can use machine learning algorithms. Some of the application areas include identifying the breed of a plant or animal, diagnosing a plant’s disease from the picture of its leaf, and identifying weeds for extermination without affecting crops. These algorithms can provide farmers with real-time insights by analysing the images from their fields. In addition, it allows them to identify areas that need irrigation and the proportion for input application if needed.  

  • Blockchain Technology
    The agricultural world is starting to incorporate new technology. The earliest blockchain applications in agriculture were in supply chains and traceability. In addition, crops’ status could be recorded and updated using blockchain, from harvesting through to delivery. On a larger scale, the true benefit of this is a secure, highly accurate ledger where nothing ever goes missing in transit. A specific farmer can trace all the crops in real-time. Blockchain technologies can ensure trust and alignment across the agricultural value chain. It can reduce middle man costs and allow relevant stakeholders to do business securely without even knowing each other. It can also help with food traceability.

  • Internet of Things and Big Data
    There is an increase in sensors on farms used to monitor crop farms for factors such as sunlight, temperature, humidity, and soil nutrient. In livestock farming, grazing animals such as cattle now have sensors to their bodies to track their movements and health. The data from these sensors can help make well-informed agricultural production decisions for data-driven agriculture.

Publications

FarmersWeekly
AgroNigeria
AgroBusiness Times Nigeria
Africa Farming
African Farming

Events

Agra Innovate (Lagos)
First Bank Agric Expo (Lagos)
AgrikExpo (Abuja)
Agribusiness Summit

Podcasts
Sparks; Career in Agribusiness
Down to Agribusiness
Future of Agriculture
Successful Farming podcast

Books
The Man Who Fed the World: Nobel Peace Prize Laureate Norman Borlaug and His Battle to End World Hunger: An Authorised Biography
Agribusiness Management
Stuffed And Starved: Markets, Power And The Hidden Battle For The World Food System

Movies and TV Series
Seed, the untold story 
At Any Price
Country
Queen Sugar
The Real Dirt on Farmer John
Farmland

Aviation

Overview of the Aviation Industry

The aviation industry involves designing, manufacturing, flying and maintenance of aircraft for both civilian and non-civilian purposes. It encompasses all air-related transport activities, including related companies, service providers, aircraft manufacturers, airlines, space tourism and other commercial and non-commercial flight services.

Airlines are companies that provide- to individuals and businesses – air transport services for people and freight on a regular or charter basis. Aerospace, often associated with defence, is the industry segment responsible for researching, designing, manufacturing, operating and maintenance of aircraft and spacecraft.

Though becoming a Pilot has always been a lifelong dream for many who aspire to work in the industry, the industry provides numerous jobs. A lead pilot works with an average of ninety people to support a flight mission. Some of these jobs include:

Airline/Commercial pilots and co-pilots
Flight Engineers
Air Traffic Controller
Aircraft and Avionics Mechanic
Service technicians
Airport Manager
Transportation Security Screener
Airfield Operations Specialist
Aeronautical Engineer
First-line supervisors/
Flight attendants

operation executive, 
aviation administrator, 

cabin crew,
Cargo and freight agents

Reservation and transportation ticket agents and travel clerks
Customer care executives,
air ticketing professional, 
Aviation Safety Inspector:
Air Traffic Control Specialist
Schedule Coordinator
Station Agent
Ramp planner
Station manager
Ground Attendant
Flight Dispatcher
Passenger Service Agent
Flight Instructor
Airline Captain
Aircraft Design Engineer
Meteorologist

The highest-paying jobs across the Industries are Airline Pilot, Aerospace Engineer, Aircraft Maintenance Manager, Airplane Mechanic, Aerospace engineer, Air traffic controller, Flight dispatcher, Airport Engineer, Flight engineer, Aerodynamics Engineer, Propulsion Engineer, aviation engineer, Flight Engineer, Airport Planner.

  • Teamwork & Networking. These skills are helpful in the aviation industry’s demand for collaborative work. From pilots, cabin crew and ground officers to a team of engineers in aerospace, ensuring compliance with regulators, travelling and meeting new people.

    Critical Thinking & Creativity. Aerospace engineers must be able to translate a set of issues into requirements. They must be able to figure out why a particular design does not work. Aviation experts also use their skills in planning flight routes, schedules and regulations, and airlines, coming up with new customer loyalty programmes.

    Communication & Persuasion. 
    These skills are essential in an industry highly reliant on teamwork, as seen in the design and manufacture of crafts. The industry also heavily depends on customer satisfaction, as seen in the airline industry.

    Analysis & Problem-Solving. 
    The ability to come up with solutions; when things do not go as planned and in emergencies and troubleshooting.

    Digital Skills: Data analytics for finding insights from customer data. For estimating demand and predictive maintenance.

    Coding: Automation of processes in aerospace engineering. The Boeing 737 plane is reputed to have more than 20 million lines of code.

    Design: computer-aided-modeling of new crafts and engines and simulation of flights.

Most technical roles require a degree in mechanical, aerospace, aeronautic, mechanical, electrical/electronic, computer science and other engineering-related programmes from a regular university or aviation institution regulated by the nation’s aviation agency. The non-technical aspect of the industry offers several administrative and management positions for graduates with a good grade first degree in any subject. 

Degrees directly related to the aviation industry include Aviation Technology, Aerospace Engineering, Aeronautical Science, Air Traffic Management, Aviation Management, Aviation Maintenance, Computer Science
and Physics.

A formal degree is advantageous for those seeking a management career path; within the industry. Postgraduate programmes relevant to the industry include: degrees in Aviation Security, Aircraft Systems, Aviation Management, Aeronautical Engineering, Aerospace Management, Aviation Science, Aviation Maintenance, Safety and Accident Investigation.

Several universities offer master’s programmes in various areas of aviation and aerospace industries for which graduates with degrees in other technical fields may be eligible. The technical degree programmes may require having a degree in engineering. Others focus on avaiation management side; which makes having a first degree in a business acceptable.  

Aspiring pilots require training and certification from a government or accredited private aviation/flight school. Courses and diplomas available from IATA, the most recognised professional body in the industry, provide an extensive training portfolio that includes topics for airlines, airports, cargo operators, governments, ground service providers, travel agents, young professionals and more.

The aviation industry offers technical and non-technical roles; the technical roles include aerospace engineers, technicians operators, flight controllers and more. The non-technical roles include administrative functions in aerospace and airline companies, cabin crew and customer service executives. It is an industry where having a technical background provides an advantage for ascending into management roles. 

Company graduate programmes can offer a chance to explore working in different areas and developing your skills, and place students in diverse tracks within the company. However, this is not a reality for most airline companies in Africa due to their small size and most aerospace companies having operational headquarters in the US and Europe. Most companies also offer lots of training and professional development opportunities.

Entry-level positions with an airline cover a wide variety of operations and duties. Most of these positions involve extensive customer service contact requiring strong interpersonal and communication skills. Previous experience is not required. You might work evening or early-morning hours, adhere to a strict physical appearance and lift heavy objects. 

Entry-level positions such as pilot or mechanic require special licenses issued by the Federal Aviation Administration, or specific previous work experience, or both. Though some consider going to a flight or aviation school as a more direct route, having a bachelor’s degree can be an advantage before proceeding to institutions that offer diplomas in these areas. Obtain the requirements for these positions by contacting the airline. All roles are customer service positions; every second spent with a passenger or a potential passenger is critical.

Several companies in the aviation industry publish available roles directly and are open to internships, while others work with recruitment agencies. Finding out about these agencies can help your job search. 

Aerospace engineers typically need a bachelor’s degree in aerospace engineering or a related field for entry-level jobs. A high level of professionalism is required hence the need for good communication, critical thinking and interpersonal skills, along with technical skills. 

The industry has a high barrier to entry for startups and new businesses due to the massive capital required, the need for an experienced team and a strict regulatory environment. However, opportunities exist in providing innovative services to airline customers.

A key challenge in the industry is international mobility as many countries consider their airspace and all related activities. It is not uncommon to see several nations demand that only citizens, by birth or naturalisation, can hold important and sensitive positions in their aviation industry.

The aviation industry is highly organised and formal. There is a high level of precision required in aerospace engineering. The working environment for airlines is fast-paced with departure and arrival schedules, which means that there is a constant flux of people travelling through an airport at all times of the day and night. It is also an industry where independent work is rare; (from customer-facing roles or behind the scenes in more technical roles.) All airport workers must work collaboratively for efficiency. There is an opportunity to work with people from diverse backgrounds, with airports serving as a hub of cultures.

It is also a work environment where safety is at the forefront. Hence, the need for compliance with several regulations may change based on technical or social developments within the nation. It is also an industry where security is of the utmost importance; there is a high level of scrutiny. The airline industry is heavily reliant on customer satisfaction and can lead to the need to work quickly and efficiently under deadline pressure. It requires a high level of professionalism in dealing with customers. 

It is not unusual to work long hours. Depending on your position, expect to work long hours and be far away from home for long periods. Airline workers may relocate to hubs near airports (for airlines) and airfields (for aerospace). It is competitive; the demand for upper-level jobs far outweighs the number of positions, and promotions would require standing out from among the cloud.

However, working in the aviation/airline industry can be rewarding in a way not seen in other sectors through the multiple benefits for workers and their families. 

Many airlines allow employees to travel for free or at a discounted rate. Company and lifestyle benefits such as family travel passes, resorts, hotels, car rentals, insurance and retirement programmes are also available.

Sticking to precautions to avoid them or investing incidents can be exhausting for workers due to the need to comply with regulations and meet deadlines. Accidents in the industry (though rarer) are usually fatal in loss or injuries to life and damage to properties.

International
Professional Aviation Maintenance Association (PAMA) 
Society of Experimental Test Pilots (SETP)
The International Air Transport Association (IATA)
Civil Air Navigation Services Organisation (CANSO)
Airports Council International Europe
Association for Unmanned Vehicle Systems International (AUVSI) 

Nigeria
Association of Nigeria Aviation Professionals (ANAP), Nigerian Aviation Professionals, British Nigerian Aviation Association

 

Rania Toukebri, Mounia Malki 

Nigeria
Richard Branson , Adeola Sowemimo, Captain Edward Boyo, Allen Onyema, Sibongile Sambo

 

International
The International Civil Aviation Organization (ICAO)

USA: 
Environment Protection Agency (EFA)
Federal Aviation Administration (FAA)

Europe:
European Aviation Safety Agency
UK: Civil aviation authority (CAA)

Nigeria
Federal Ministry of Aviation, Federal Airports Authority of Nigeria (FAAN), Nigerian Civil Aviation Authority (NCAA), Nigerian Airspace Management Agency (NAMA), Nigerian College of Aviation Technology (NCAT), The Accident Investigation Bureau (AIB)

 

Airlines: American Airlines, Delta, United, Emirates, Turkish Airlines, Qatar Airlines, AirFrance/KLM, Ryanair, China Southern Airlines, British Airways, Virgin Atlantic, Lufthansa Airlines, Singapore Airlines, Cathay Pacific Airways, Thai Airways, Qantas Airways, Hainan Airlines, Virgin, Japan Airlines, FedEx Express (cargo), IAG, 

Aircraft/Engine Manufacturing/Maintenance: Airbus, Boeing, Lockheed Martin, United Technologies, General Electric, Rolls Royce, BAE Systems, Raytheon, Honeywell, L-3 Technologies, Textron, General Dynamics, Safran Aerospace, Bombardier, Dassault Aviation, Embraer, Rockwell Collins, Spirit Aerosystems, Thales, Mitsubishi Heavy Industries, Altran Aerospace, Daher, Lufthansa Technik AG, Northrop Grumman

Digital Service Providers: Amadeus, Sabre, Kayak, Virtuoso, Travelport, Isango, Navitaire, Lufthansa Systems, Trivago, Google Flights, Expedia, Hipmunk, Travelocity, Agoda,

African Companies
Ethiopian Airlines, EgyptAir, Royal Air Maroc, Air Algérie, Tunisair, Air Seychelles, RwandAir, South African Airline, Solenta Aviation, Safair, Mango, Global Aviation, Federal Air, Comair Flight Services, Airlink, CemAir, Air Arabia Maroc, TunisAir Express, Tunisavia, Nouvelair, RAM Cargo, Execujet Africa, Air Mauritius Air Seychelles, Fastjet, Kenya Airways, Mango Airlines, TAAG Angola Airlines 

There is a concentration of aerospace manufacturing activities mainly in Southern and Northern Africa. South Africa and Morocco are the main hubs. 

Aircraft/Engine Manufacturing/Maintenance: Aerosud, Denel, Jonker Sailplanes, SkyReach Aircraft, Sling Aircraft, Xplorer UltraFlight, MATIS Aerospace, GITAS Tunisia, SKF Tunisia, Stelia Maroc, MRO Ecosystem.

Startups: Kulula.com, Astral Aerial, Elemental Numerics, Map Action, Cote d’Ivoire Drone

Nigeria
Arik Air, Dana Air, Air Peace, Aero Contractors, Allied Air, Azman Air, Allied Air, FirstNation Airways, Ibom Air, Max Air, Kabo Air, Med-View Airline, Overland Airways, ExecuJet, Nesto Aviation Services Limited (NestAv), Flying Doctors of Nigeria, Execujet, Green Africa,

Dornier Aviation, Aglow Aviation Support Services, Nigerian Aviation Handling Company Plc. (Nahco Aviance), Skyway Aviation Handling Company Plc (SAHCO), Base Aviation Systems Ltd, Nesto Aviation Services Limited (NestAv), Revilo Aerospace, SGS Aviation, Newrest ASL, Landover Company Limited, SkyJet Aviation Services.

Startups: Travelstart, Wakanow, Travelbeta 

 

  • The high cost of air travel is due to the supply-side cost of operations, maintenance, taxes and other regulatory charges. Many of these services are sourced abroad due to a lack of local expertise.
  • In a fragmented industry with Airlines having a small fleet of crafts with a fleet size of three for some, the actual market is small.
  • Weak infrastructure. Several airports are aged, owned and managed by Governments. Their classification as national security risks by several governments minimises private sector ownership and foreign investments.
  • Poor regional connectivity; due to lack of liberalisation. Most African countries require a Visa for entry from other Africans.
  • Lack of local expertise in the manufacturing and maintenance of aircraft and engines in most sub-Saharan African countries. 
  • Foreign exchange policies make it sometimes challenging for airlines to repatriate their foreign currency earnings from several African countries.
  •  
  • Computer-Aided Design (CAD) of aircraft systems and 3D printing of aircraft parts.
  • Personalising customer experience with data. Ranging; from offerings to inflight experience.
  • Data analytics to improve customer lifetime value for delivering more strategic marketing and support.
  • New auto-pilot technologies driven by artificial intelligence assisted flight technologies with sensors and increased use of drones for civilian and non-civilian purposes.
  • Predictive maintenance scheduling of aircraft. Based on real-time data collected from aircraft engines. 
  • Simulation of flight paths; for pilot training and scenario planning.

Books:
Wind, Sand and Stars by Antoine de Saint-Exupéry
The Wright Brothers by David McCullough
Skunk Works: A Personal Memoir of My Years of Lockheed
The Right Stuff by Tom Wolfe
Stick and Rudder: An Explanation of the Art of Flying

Movies:
The Aviator
Apollo 13
The Spirit of St. Louis (1957)
Sully
Amelia

Podcasts:
Aviation Careers Podcast
Airplane Geeks Podcast
Pilot to Pilot
Aerospace Engineering Podcast
Aerospace Unplugged

Events:
African Aviation Week
International Paris Airshow
Singapore Airshow
Abu Dhabi Airshow
Africa Aerospace and Defence Expo
Aviation Africa Summit & Exhibition

Automotive

Overview of the Automotive Industry

The automotive industry is the world of automobiles. Today, vehicles have more than 20,000 parts. These include engines, bodies, interiors, tires, batteries and automatic brake transition systems—all components from different manufacturers involved in the global automotive supply chain. 

Automobiles go beyond cars. They include light trucks, pickups, vans, buses and motorcycles.  Automobile engines were formerly only fueled by petrol or diesel. Now, there are recent advances in battery-powered vehicles, expected to be the future of the industry.

Activities in the automotive sector include design, development, manufacturing, assembling, marketing, sales, financing and maintenance. The breadth of this sector makes it one of the largest by revenue and complexity—globally. 

The US, Japan, Germany, UK, France and China are home to car brands that dominate the market; the supply of components and car assembly span across the globe. 

The growing demand for electric cars has opened the room to a new generation of technology providers working towards autonomous and connected vehicles. Many automotive companies are shifting their strategies to become mobility service providers.

The industry is open to graduates from all disciplines while providing technical roles for career disciplines in Design & Engineering and Science & Technology. It is also an attractive industry for Marketing, Sales & Services professionals with several iconic marketing campaigns coming from the industry. Technical graduate roles in the industry include:

  • Automobile/Industrial designer
  • Automotive engineer
  • Process engineer
  • Quality testing engineer
  • Electrical Engineer
  • Testing and compliance Engineer
  • Manufacturing Engineer
  • Supply Chain Analyst
  • 3D printing engineer
  • Vehicle Inspector
  • Software Engineer
  • Sustainability integration expert.


The industry also accommodates graduates with jobs in Information Technology, Administration & Management, Media & Communications, Finance, Media & Communications, and People Management. The highest-paying jobs in the sector are quality testing, process engineering, automobile design & engineering, marketing and sales.

  • Communication and Persuasion: These are applicable in sharing design concepts, coming up with marketing campaigns and communicating features to customers.

  • Analysis and Problem-solving: These are applicable in diagnosing problems with assembly lines and automotive engines. It involves providing solutions to them.

  • Professionalism and Industry Awareness: The automotive industry can be rather conservative. Management staff dress formally while engineers wear safety gear. Yet, it is an industry undergoing a lot of disruption.

  • Networking and Teamwork: A car consists of more than 20,000 parts. Hence, the complex supply chain in the automotive industry and the need to work with others in the industry.

  • Planning and Organisation: The complexity of the automobile industry makes it essential to coordinate projects. And also, manage workspaces with your team and be able to account for activities. 

While an automotive engineering degree may offer a direct route into the industry, it is not the only way. The industry is also widely open to graduates with degrees in mechanical engineering, electrical engineering, systems/ process/ production/ manufacturing/ control engineering and computer science/engineering. Other relevant areas of study include mechatronics, instrumentation, material engineering, chemical engineering, industrial design, mathematics, physics, power systems, telecoms and environmental science. Transitions from aerospace and aeronautic engineering are also not uncommon as automobile companies examine alternative propulsion systems. 

Relevant second degrees in automotive engineering, mechatronics, car design, transport planning, automotive design and intelligent transport can also provide an edge for specialisation. 

Engineers can take programmes from accredited bodies such as the Society of Automotive Engineers, Institution of Mechanical Engineers (IMechE) or other engineering bodies offering a path to being a chartered engineer.

Large automotive companies have graduate programmes that take graduates through several units before settling on a speciality. It can be in a technical or management role. A number of these companies provide opportunities for internships and apprenticeships at their plants. Entry as a technician may offer a faster route into technical jobs in the sector. As a very hands-on industry for engineers, on the spot assessment and knowledge evaluations is not uncommon. Openings are typically available on their websites.

With interest in the industry, relevant qualifications, insight, and knowledge of a company, you can network your way into the industry by attending auto shows. Automotive executives grace these events, which can provide an opportunity to meet them directly. 

A portfolio of your work and knowledge of specific engines—as an engineer/designer—can provide an edge as a conversation starter in reaching out to C-level executives. The executives can provide updates on openings or introductions into their company. 

Starting a new car company requires a high cost of financing, experience, navigating complex supply chains and meeting compliance standards. It typically also takes years from design to bringing a car to the market. These have led to more startups focusing on mobility solutions. These include ridesharing, autonomous driving software. And also digital services for car sale, purchase and maintenance, and telematics for insurance.

Graduates can work with large conglomerates who manufacture and market the major car brands, smaller companies that provide car maintenance services, and dealerships responsible for sales. All offer a wide range of roles. 

The industry has become more tech-driven, with advances in electric cars, autonomous driving and advanced safety systems. There is room for graduates who are hands-on, innovative and tech-savvy. 

The sector has a reputation for layoffs during economic downturns, especially for temporary jobs and sales roles. Although there is always a quick rebuilding of its workforce as the economy rebounds. There is, however, an increasing role of robots in the car manufacturing process. 

It is one of the leading industries involving employment in manufacturing. Though further automation will reduce the number of low-wage jobs, expected is a boom in new job creation in digitisation, electronics and sustainability.

The sector is fast-paced—with companies annually releasing new car models which have been in the works for years. It makes marketing a big deal in the industry—with companies competing on features such as legroom, weight and pricing.  

Engineers and other professionals work in large multidisciplinary teams while also managing relationships with a chain of suppliers. One of the most hectic moments in the industry is car recalls. Releasing new car models require a hefty investment which makes failure in the sector expensive. 

During the development of new automobiles, it is common to visit several dealerships, run customer focus groups and get feedback surveys—while monitoring changes in taste across generations. It is an industry with both eyes in the workshop and the market. There are several travel opportunities for skilled staff; to visit production sites, car shows, and suppliers. 

 There are numerous office positions available in the sector. However, design & engineering; and management & administration staff frequently visit vehicle manufacturing plants. The plants are noisy, busy and filled with heavy machinery, no matter how modern. Improving working conditions in plants and safety has been a top priority in the automobile industry. 

Salaries and benefits in the sector are among the best in manufacturing, extending paid vacations, health insurance, and retirement plans. Engineers who demonstrate leadership skills have the opportunity to be promoted to management positions. 

Training opportunities exist for plant workers—for competence in the redesign of plants to produce new models. Most plant workers in countries with a long-established automotive industry belong to unions. The unions protect their interests, avoid layoffs and ensure they are well-compensated when inevitable. 

The need for low to semi-skilled workers will decline due to increasing automation. However, the demand for skilled workers will remain at the current level. There is a growing demand for engineers, scientists, environmentalists and technicians in the sector.

International

  • Organisation Internationale des Constructeurs d’Automobiles (OICA: International Organization of Motor Vehicle Manufacturers)
  • Association of African Automotive Manufacturers (AAAM)
  • The Fédération Internationale des Sociétés d’Ingénieurs des Techniques de l’Automobil (FISITA)
  • International Automobile Association (IAA)
  • Society of Automotive Engineers (SAE International)
  • Institute of the Motor Industry
  • African Association of Automotive Manufacturers (AAAM)
  • Fédération des Industries des Equipements pour Véhicules (fiev)

Nigeria
National Automotive Design and Development Council (NADDC)

International

Nigeria
Jelani Aliyu, Chief Innocent Ifediaso Chukwuma, Ajayi Joshua Oluwatobi

Nigeria
National Automotive Design and Development Council (NADDC),

In addition to carmakers which are globally recognised brands, at the core of the automotive industry supply chain are lesser-known companies specialising in the design, manufacturing, wiring, metal & stamping, battery production, vehicle interior design, and seat production.

Car Makers
BMW, Toyota, Nissan, Ford, Groupe PSA, Renault, Peugeot, Citroen, Kia, Hyundai, Scania, MAN, Tesla, Nikola, General Motors, Iveco, BYD, Mitsubishi, Mahindra & Mahindra, Honda, Skoda, Daimler AG/ Mercedes-Benz, Peugeot, Volvo, Subaru, SEAT, Renault, Citroen, Volkswagen AG, Suzuki, Smart, Ram, Rolls Royce, Opel, Mazda, Porsche, Jeep, Geely, Fiat, Ferrari, Chevrolet

Suppliers (with African Presence in Morocco or South Africa or both)

Wiring: Lear Networks, Bosch, ZF Friedrichshafen, Yazaki, Delphi, Fujikura, Sumitomo, MTA, & Leoni.

Metal & Stamping: Snop, Gestamp, Socafix, GMD and Tuyaut

Battery: Electra, Almabat, Tecna and Maribat

Vehicle Interior & Seat Ecosystem: Faurecia, SIGIT, Polydesign Exco, Reydel and GMD.

Others: Novares, Scania Morocco, Valeo, Irizar, Denso, Kromberg & Schubert, Takata, Furukawa, TE connectivity, Daedong System, Hirschmann, and Magnetti Marelli, Comsaete, Parker, Clarton Horn, Deltrian, Inergy Automotive System, Varroc Lighting System, JTKET, and Processos Industriales Del Sur.

Companies and Employers with Local Presence

Ghana
Toyota Ghana Company Limited, Kantanka Group, Koreana Bus Company Ltd, Nabus Motors, General American AutoParts, Agensix Ghana Ltd, Universal Motors Ghana Limited, Royal Motors Sales, Silver Star Mercedes-Benz, Kem-D Batteries, BA AutoParts, Auction Exports, Multix limited, Kosei Boeki Japanese Used Cars Exporter, International Modern Industry- AMCO limited, Autos Ghana Limited, M&B Acheampong Enterprise, AW Auto Parts Limited, Annewetey Auto Parts Ltd, Nissi Global Technologies, UncleFitter, VeHBa Technologies, Abossey Okai Online, Cnecta, Omnie, Solar Taxi Ghana, Trokxi, SinoTruck

  • The struggling economies and slow or shrinking growth of the middle class in Africa. As a result, new cars are unaffordable for most people on the continent; imported used ones remain the most in-demand.
  • Lack of robust financing options for vehicle purchase in sub-Saharan African markets.
  • A poorly developed supply chain, shortage of locally skilled workforce and economic downturn are threats to local manufacturing.
  • The poor road infrastructure in several sub-Saharan countries takes a toll on vehicles—leading to hesitancy in investing in new automobiles.
  • Avenue for global politics and national alliances in mining in African countries. These countries are strategic hubs for the export of crucial minerals for battery technologies.
  • Absence of charging networks for electric vehicles.
  • Computer-Aided Design and 3D Printing: Taking a new car design from concept to the assembly line in the industry can take half a decade with several approval levels. That is changing with the advent of computer-aided design and manufacturing. Concept cars can now be speedily and easily modelled, their movements simulated, and feedback taken from team members and customers with less investment in production. In digital skills, this is the application of modelling and simulation skills.
  • Driverless Vehicles. There is an explosive growth of big data, artificial intelligence and computational power. These have led to the development of increasingly Smart, autonomous vehicles. What was once sci-fi is fast-becoming an everyday reality. In digital skills, this is the application of data science skills.  In digital skills, this is the applied combination of automation and software engineering skills, and data science skills.
  • Digital Sourcing. Car dealerships used to be a big deal; you had to enter one to buy a car. The internet has changed that. Car buying decisions are now being made online with the availability of comparison tools and customer reviews. The growth of virtual and augmented reality will further disrupt the car buying process. Booking test-driving centres online will become the norm. In digital skills, this is the application of user interface and experience design skills. In digital skills, software engineering skills and user experience design skills.
  • Digital and Personalised Experiences: Vehicles are becoming increasingly software-driven. Like what Tesla does today, software in cars can update—to unlock and add functionalities. Devices easily connect for communications and access to infotainment systems. The more the data accessible to carmakers, the better the personalisation and user-experience of cars. In digital skills, software engineering skills and user experience design skills.
  • Connected Supply Chains.  Plenty of parts and cars manufactured yearly makes it one of the industries with complex supply chains. The use of enterprise management systems (ERM) has become more prevalent with the availability of demand data to anticipate supply needs. It will drive up efficiency, reduce cost and anticipate needs.
  • Diagnostics and Maintenance. Vehicles running advanced self-diagnostic systems can predict when maintenance checks are needed. They can also alert drivers to issues and make specific recommendations on replacing parts by taking advantage of big data, machine learning, and connectivity. In digital skills, this is the application of data science skills.
  • Data Security and Protection. Increased digitisation and connectivity make automobiles susceptible to cybersecurity threats. There may be increasing attempts to hijack cars with malicious intents or for fun by hackers testing their skills. There is a need for cybersecurity expertise in the industry.

Books

  • My Years With General Motors by Alfred Sloan
  • Iacocca: An Autobiography
  • The Toyota Way by Jeffrey Liker
  • The Machine That Changed the World


Podcasts

  • Automotive Insights
  • Automotive News Daily Drive
  • The Smoking Tire
  • Car Stuff Show


Publications

  • Automobile Magazine
  • Motor Trend
  • Automotive Design & Production Magazine
  • Automotive Manufacturing Solutions Magazine


Movies

  • Flash of Genius
  • The Men Who Built America
  • Ford vs Ferrari
  • Tucker: The Man and His Dream


Events

  • Frankfurt Motor Show
  • Auto Shanghai
  • West Africa Automotive Show
  • Tokyo Motor Show
  • Moroccan Automotive Industry Show
  • Tunisia Automotive

See upcoming industry events

Banking

Overview of the Banking Industry

The Banking Industry is the money industry. The activities in the sector include; deposit, savings, savings & loans, investments, financial advisory, asset & wealth management, project financing, microfinance, and investment banking.

The main broad divisions are: 

Commercial Banking
Commercial banking focuses on products and services specifically designed for businesses, such as deposit accounts, lines of credit, merchant services, payment processing, commercial loans, global trade services, treasury services, and other business-oriented offerings. A commercial bank is a financial institution that accepts deposits, offers to check account services, and makes various loans. In addition, they offer financial products like certificates of deposit (CDs) and savings accounts to individuals and small businesses.

Investment Banking
Investment banking is a segment of banking operations that helps businesses raise capital. It involves various financial services, like advisory and financing of Mergers and Acquisitions (M&As); leveraged finance, which consists of lending money to firms to purchase assets and settle acquisitions. It also involves restructuring that improves the structures of companies to make a business more efficient and profitable. Additionally, taking companies to the public market to raise capital and trading securities such as stocks and options for their accounts.

Merchant Banking
Merchants banks specialise in working with businesses and high net worth individuals in areas like project finance and promotion of international financial and trade activities. Merchant Banks typically deal with small to medium-sized companies to provide a variety of financing instruments and can sometimes be direct investors in their clients. Other services they provide include international funds transfer and letters of credit (LOC).

Some banks also provide specialised services based on sectors and target markets. Some of these include microfinance banks, banks of agriculture, industry, and mortgage financing.

The banking industry provides career opportunities for graduates from financial and non-financial programmes. Banks employ many support staff in customer support, Information Technology, Business Development, marketing, and Human Resources. Roles in the industry include:
Bank Teller, Marketing Representative, Financial/Investment/Operations/Risk/Compliance/Budget Analyst, Client/Financial/Investment/Mortgage Adviser, Accountant, Auditor, Compliance officer, Customer service, Data processing staff, Treasurer, Collector, IT support, Loan Officer, Financial Manager, Bank Manager, Bank Human Resources Manager, Bank Operation, ManagerBroker, Foreign Exchange Trader, Asset Manager, Relationship manager, Credit associate, Investment banking analyst, Financial Software Developer, Hedge Fund Investment Professional.

The highest-paying jobs in the industry are in Investment Banking, Private Equity, Hedge Fund Management, Options Trading, Treasury, Credit and Financial Analysis, Financial Advisory Services and Financial Software Development.

    1. Numeracy & Financial Literacy to keep tabs on numbers and provide sound financial advice to customers.
    2. Professionalism & Industry Awareness to look the part as you deliver services and stay abreast of developments such as regulatory changes.,
    3. Self Awareness & Management to be able to work under pressure,
    4. Teamwork & Networking to work with others and connect with people in the market to meet required targets,
    5. Communication & Persuasion to present, sell, advise, and build relationships with clients & customers.
    6. Relevant Digital Skills include data analysis for business intelligence.

The banking is open to graduates with financial and non-financial degrees. In addition to roles in finance, banks employ graduates with the aptitude and soft skills for jobs in Customer Support, Information Technology, Business Development, Marketing and Human Resources. Banking-related degrees include Banking and Finance, Accounting, Business Administration, Economics, and Agricultural Economics.

Professional qualifications relevant to the industry; are provided by professional bodies such as the Chartered Institute of Bankers of Nigeria(CIBN), the Institute of Chartered Accountants of Nigeria (ICAN), Association of Chartered Certified Accountants (ACCA), and the Association of National Accountants of Nigeria (ANAN). 

Professional certifications relevant to the industry include Chartered Financial Analysts (CFA), Certified Financial Planner (CFP), Financial Risk Manager (FRM), Chartered Alternative Investment Analyst (CAIA), Certified Public Accountant (CPA), Certified Management Accountant, Chartered Mutual Fund Counselor (CMFC), Financial Modeling & Valuation Analyst (FMVA), 

An MBA programme with a finance specialisation is valuable in the industry.

The top banks run annual graduate recruitment programmes promoted on their social media pages. The application process can take various forms, taking an online quiz or a shortlist of candidates to write aptitude tests through which they select for interviews. Additionally, some banks require selected candidates to meet some targets in fundraising as an entry task to join the bank.

An internship also helps you get a foot in the door. Banks also offer internship opportunities to students, providing an opportunity for early experience in the industry. In addition, it can help build relationships within the bank to take temporary jobs before joining full-time. Recruitment companies that work as staffing agencies for banks provide contract opportunities to work with banks.

Starting your career or having a consulting experience in Big 4 or Big 8 firms such as PwC, KPMG, Deloitte, and EY also provide a springboard to a career in the banking industry. Banks typically hire staff from these organisations into middle and senior roles. Investment banks usually require graduates with prior experience in the financial sector. 

The banking industry is one of the top destinations for new graduates. A job in the industry provides many opportunities to develop soft skills. It can, however, be demanding in the number of hours and targets required for staff members to meet. The industry is also known for its volatility in terms of job security.

Money is a language which everyone speaks. A career in banking provides a unique opportunity to meet people from all walks of life. Banks also give opportunities for graduates to work across some units. Meetings with individuals and in groups are typical in the day of an average banker. Banks have also become more aggressive in their pursuit of customers to deliver services wherever they are without them coming to the bank.

Banks, especially investment banks, pay some of the highest entry-level salaries for graduates; in many countries. For permanent staff taking through their graduate recruitment programmes and experience hiring, employee benefits such as medical insurance, leave, and retirement savings are standard. It is a highly dynamic and regulated industry, making it imperative to be abreast of the latest developments in the market and changes to government policies. 

A challenge facing the banking industry is the high utilisation of contract staff provided to banks as a cheaper source of labour by third party companies. According to Nigeria’s National Bureau of Statistics: two out of every five people work in Nigerian banks as contract staff. It means that 42.11 per cent of the workers lack the job security and benefits that full-time bank employees enjoy. Contract roles in the banking industry range from; Bank teller, Sales and Marketing; to loan collection. Contract renewal of such contracts rests on employee performance. 

Rising through the ranks in the banking industry does not come as fast as many workers in the industry expect. Nevertheless, it has led to some bankers moving across banks with promotions to a higher rank in each move. In addition, several banks have adopted promoting only internal staff to key leadership positions as a reward for loyalty.

International
World Bank, International Monetary Fund (IMF), European Investment Bank (EIB), Islamic Development Bank (IsDB), African Development Bank (AfDB), New Development Bank (NDB), Asian Infrastructure Investment Bank (AIIB), World Trade Organization (WTO), Multilateral Investment Guarantee Agency, International Center for Settlement of Investment Disputes (ICSID), Financial Conduct Authority (FCA), International Development Association (IBDA), International Bank for Reconstruction and Development (IBRD), African Development Bank (AfDB), and African Export-Import Bank.

Nigeria
Central Bank of Nigeria (CBN) (regulator), Securities and Exchange Commission (SEC), Federal Ministry of Finance, Economic and Financial Crimes Commission (EFCC), and Asset Management Corporation of Nigeria (AMCON). Federal Inland Revenue Service (FIRS), Nigerian Stock Exchange Commission (NSE), Nigeria Deposit Insurance Corporation (NDIC), The Infrastructure Bank, and Development Bank of Nigeria (DBN).

 

International
Amadeo Giannini, JP Morgan

Nigeria
Aigboje Aig-Imoukhuede, Tony Elumelu, Jim Ovia , Segun Agbaje , Basani Maluleke, Prof Charles Soludo (Banking Industry Reformer)

 

International
World Bank, International Monetary Fund (IMF), European Investment Bank (EIB), Islamic Development Bank (IsDB), African Development Bank (AfDB), New Development Bank (NDB), Asian Infrastructure Investment Bank (AIIB), World Trade Organization (WTO), Multilateral Investment Guarantee Agency, International Center for Settlement of Investment Disputes (ICSID), Financial Conduct Authority (FCA), International Development Association (IBDA), International Bank for Reconstruction and Development (IBRD), African Development Bank (AfDB), and African Export-Import Bank.

Nigeria
Central Bank of Nigeria (CBN) (regulator), Securities and Exchange Commission (SEC), Federal Ministry of Finance, Economic and Financial Crimes Commission (EFCC), and Asset Management Corporation of Nigeria (AMCON). Federal Inland Revenue Service (FIRS), Nigerian Stock Exchange Commission (NSE), Nigeria Deposit Insurance Corporation (NDIC), The Infrastructure Bank, and Development Bank of Nigeria (DBN).

 

International
Citigroup Inc, Bank Of China Ltd, Wells Fargo & Co, Credit Agricole SA, Agricultural Bank of China Ltd, Bank of America Corp, China Construction Bank Corp, Japan Post Holdings Co. Ltd, JPMorgan Chase & Co, Industrial and Commercial Bank Of China Ltd, HSBC, Deutsche Bank, Grameen Bank.

Africa
Standard Bank, ABSA, Ecobank, United Bank of Africa, FirstRand, Attijariwafa Bank, RMB Holdings, BMCE Bank of Africa, 

Startups
Monzo, Revolut, Kuda, Monese, Sparkle, Clyde, Digit. Flywire, Tide, Atom, Dwolla, Stripe, Klarna, Xoom, iZettl.

Nigeria
Access Bank Plc, United Bank For Africa Plc, Unity Bank Plc, Wema Bank Plc, Zenith Bank Plc, Bank Of Agriculture Ltd, Bank Of Industry Ltd, Central Bank Of Nigeria, Coronation Merchant Bank Ltd, Guaranty Trust Bank Plc, FCMB Group Plc, Federal Mortgage Bank Of Nigeria, Fidelity Bank Plc, First Bank Of Nigeria Ltd, FSDH Merchant Bank Ltd, Multivest Microfinance Bank Ltd, LAPO, Grooming Centre, Coronation Merchant Bank Ltd, Globus, NIRSAL Microfinance Bank, Fortis MFB

Private Equity Companies
Actis, African Capital Alliance, African Infrastructure Investment Managers (AIIM), Brait, Development Partners International (DPI), Emerging Capital Partners (ECP), Harith General Partners, Helios, Investec Asset Management and Old Mutual Alternative Investments.

 

  • Large informal sector
    Many countries in sub-Saharan Africa have a wider informal sector than the formal sector. This reality poses many challenges for banks as many potential customers believe banks are for the educated and middle class. It also leads to dead capital, whereby most of the population has assets they cannot leverage. It also increases the risk of lending. 

    Need for financial inclusion
    Numerous people in sub-Saharan countries live in remote and rural areas where banks find it difficult and expensive to operate a branch. As a result, it has limited the branch operations of most banks to urban centres. The gap; is being filled by agency banks. However, a majority of this population remains financially underserved.

    Access to Credit
    Despite how profit-making retail loans can be, the uncertainty in the repayment of loans makes many banks in developing countries shy away from them. The interest rates by banks who do are usually double-digit to reduce their risk. Regulatory policies are being put in place by several Central Banks. Banks have become more open to providing loans to salary earners at attractive rates. However, millions of business owners who drive the informal sector still lack access to credit.

    Fraud and Cybercrime
    Bad actors within and outside the bank target customers and bank infrastructure to siphon money before their activities are detected. Most of these losses are self-managed by the victims and banks. However, banks can also be a vehicle for crimes through activities; such as money laundering, identity theft and card details for online transactions, and the collection of diverted funds. The persistence of these crimes has had a negative perception; on the integrity of national banking industries globally. 

    Competition
    Banking is a very competitive industry. Banks copy each other’s products and services, resulting in very little room for product differentiation and slim margins. Fintech companies are also leveraging investment in years of banking infrastructure to offer innovative products to bank customers using APIs. These developments have led to many banks redefining their strategies for future relevance. 

    Regulatory Compliance
    The banking industry is highly regulated. Banks report to several regulators across their operational markets and sectors; this is sometimes bureaucratic. It impairs their ability to innovate and move with speed in a highly competitive market where nimber startups can roll out their offerings faster in the same market.

  • Digitisation of Processes
    Banking processes such as Know Your Customer (KYC), account opening, and credit risk analysis are automated.

    Personalised Banking Experience
    Banks can now use data to personalise product and service recommendations to users taking advantage of accessible big data. 

    Omni-channel banking
    Banking services are becoming increasingly available across all digital channels. They range from USSD and internet banking to chatbots.

    Self-service customer support
    Customers have more options to lodge their complaints and get a resolution through interactive interfaces with less reliance on human agents.

    Risk Analysis with Artificial Intelligence
    Artificial Intelligence and Machine Learning can analyse loan applications for the likelihood of defaults based on Big data analysis of historical loans and the lender identity. 

    Automation of Compliance Processes
    Banks can now automate several processes such as anti-money laundering (AML) automatically by mapping their customer information with the database of security agencies in real-time.

Resources Movies
The Bank
The International
Inside Job (2010)
Trader (1987)
The Ascent of Money (2008)
Life and Debt
25 Million Pounds (1996)

Investment Banking: Valuation, Leveraged Buyouts, and Mergers and Acquisitions 

Publications
Nairametrics
BusinessDay
Financial Nigeria
The Banker
Financial Times

Books
Africa Rise & Shine by Jim Ovia
Leaving the Tarmac by Aigboje Aig-Imoukhuede
Banking Summit
Lords of Finance: The Bankers Who Broke the World by Liaquat Ahamed

The End of Banking: Money, Credit, and the Digital Revolution by Jonathan McMillan

Defi and the Future of Finance by Ashwin Ramachandran, Campbell Harvey, and Joey Santoro

Podcast
Nairametrics
Banking Transformed
The Digital Global Banker
Banking on Digital Growth
Breaking Banks|Fintech Podcast

Power and Renewable

Overview of the Power and Renewable Energy Industry

The Power industry includes public and private organisations involved in the generation, transmission, distribution, sale, and regulation of electric power to the general public, and industry constitutes the power sector. These companies are broadly categorised into:

  • Generating Companies (GENCOS): The power generating companies are responsible for generating electricity for Industrial/Household use. They also manage the generating plants in the power sector, e.g. Thermal Power plants, Hydroelectric power plants, Solar Power Plants, and Wind power plants. 

  • Transmission Companies (TRANSCO): Electrical power transmission firms construct infrastructure that transports electrical energy from generating sites (power plants or stations) to an electrical substation. The voltage is converted at an electric substation before being transferred to consumers by distribution companies.

  • Distribution Companies (DISCOS): Once electricity has been generated at the production points, the distribution companies are responsible for transporting the energy to the various consumption or supply points. They are in charge of managing, maintaining, and updating the electricity distribution network, which includes towers, cables, transformer stations, and substations, among other things

The renewable-energy industry is part of the power industry, focusing on alternative and clean energy sources from natural sources or processes that are constantly replenished. Renewables provide power in small units and at a large scale with technologies from rooftop solar panels in homes to giant offshore wind farms that power communities. With renewable energy technologies, homes and office buildings can be net power producers and supply the grid for power distribution.

Examples of renewable energy are: 

  • Solar Energy: Solar or photovoltaic (PV) cells are made from silicon or other materials that transform sunlight directly into electricity. Solar systems generate electricity for homes and businesses on a local/global level, either through rooftop panels or community projects that power entire neighbourhoods/states.
  • Wind Energy: this type of renewable energy generates electric energy from the kinetic energy source. A wind turbine converts wind energy into mechanical energy, converted into electrical power through a generator.
  • Hydroelectric Power: Hydropower uses water, typically fast-moving water in a large river or rapidly descending water from a high point, and converts the force of that water into electricity by spinning the turbine blades of a generator.
  • Geothermal Energy: geothermal energy refers to the heat within the earth. Geothermal energy is a renewable energy source—as heat is continuously produced inside the earth. Geothermal heat can be used for bathing, heating buildings, and generating electricity.

Their renewable energy development is being accelerated due to consideration for climate change, demand for cleaner energy sources, and support for environmental, social, and governance (ESG) policies.

Job roles in this industry vary depending on the branch of the power & renewable sector you’re working with. As a result, the jobs available in the renewable energy sector might differ from those in the power sector, and the required technical skills and qualifications might also vary. Here is a list of some of the jobs in the Power and Renewable Energy Industry:

Careers  in GENCO
Power Plant Operator, Electrical Design Engineer, Shift Charge, Engineer, Outage Manager, Line Workers, Solar Project, Developer/Manager, Wind Farm Site Manager, Civil Engineer in Energy Companies, Geoscientist, Solar Power Plant Operator

Careers in TRANSCO
Project Manager, Transmission, Mechanic, Transmission, Planning Engineer, Transmission Specialist, Transmission Line Mechanic, Transmission Line Worker, Transmission System Operator, Transmission Engineer, Distribution Engineer, Transmission Operator, Transmission Technician, Transmission Line Design Engineer

Careers in DISCO
Distribution Substation Operator, Software Developer, Account Payable/Account Receivable Supervisor , Electrician/Electrical Technician, Accountant, Technical Engineer/Analyst, Energy Management (Operations), Commercial & Advisory / Contract Management, Risk Officer, Information Technology Auditor , Metering and Inspection Officer, Protection & Control Officer, Procurement Officer,  Marketing and Customer Care Professional, Safety Manager

Other Job Roles include: 
Energy Analyst, Application Engineer, Solar Sales Representative, Energy Transition Technical Specialist, Architecture and Design, Project Manager, Environmental officer, Financial Analyst, Land Acquisition Specialist, Information Systems Manager

Highest Paying Job/Role
Energy Analyst, Wind Farm Site Manager, Wind Turbine Service Technicians, Solar Energy Technicians/Installers, Financial Analyst, Power Plant Operator, Distributor, & Dispatcher, Project Manager, Geoscientist, Electrical Designer

  • Continual Learning & Adaptation
    Working in the energy sector requires a range of technical skills. In addition, renewable energy employees need an excellent grasp of scientific principles and concepts to make decisions based on facts and reliable data. 

    Communication & Persuasion
    Articulating ideas both in writing and verbally is so essential. In addition, strong communication skills are required to make real change, establish networks, and work with teams and clients within this sector.  

    Networking & Teamwork
    Teamwork drives ideas and success. Its important as a professional in the energy industry to communicate and coordinate effectively between teams – even when you don’t share the same technical skills with other team members.

    Analysis & Problem-Solving

  •  
  •  

The Power and Renewable energy systems are at the heart of modern society. There is a high demand for professionals in this industry. Suppose you desire to work in the power and renewable energy industry. In that case, you’ll need a degree that teaches the new-and old – energy management technologies.

Below is a list of degrees that can be pursued to transition into the industry:
Bachelor’s degree in Energy Management, Engineering Degree; Electrical/Electronics, Chemical engineering, Construction Management, Renewable Energy, Electrical Engineering, Bachelor’s Programme in Energy Technology, B.Eng. in Energy Systems Engineering, B.Sc. New Energy Science & Engineering.

Master’s degree in Renewable energy, Sustainable Energy, Smart Electrical network and systems, Energy for Smart City, Nuclear Energy, Energy Storage, Energy Technologies, Electrical Power Systems, 

https://www.bachelorstudies.com/Bachelor/Energy/?page=1

Certifications/Professional Courses:
Health Safety and Environment, Project Management Professional (PMP), Renewable Energy Professional (REP™), Galileo Master Certification (GMC), Power Systems Engineering Graduate Certificate, System Design Certification, Power & Energy Systems Certificate, Energy Management Professional, Advanced Electric Power Engineering Certification

Training programs are usually available in: 
Energy policy, Power systems., Solar Photovoltaics technology, Hydrogen Energy technology, Electrics for Renewables technology, Biomass technology

Wave and Hydro Power technologies

A career in the renewable energy sector could make you one of the numerous change-makers globally. Entering the industry can seem like a mammoth task at first. However, it’s not that different from how you’d approach joining any other sector.

Here are a few tips for you:
The renewable energy sector is fast-growing, so there is no job shortage. On the contrary, it has some of the best paying jobs globally. 

Get In Touch With Industry Specialists
It would help if you got an insight into the career path you’ve chosen, which may not be on the internet, from a specialist in the industry. An industry specialist can provide you with information that will allow you to determine whether you’ll be able to handle the job you’re interested in. 

Research About Any Required Training
While you wait for your dream job in the renewable energy sector, it’s advisable to research the necessary certifications or level of skills needed for the career path you’ve chosen. Look out for an internship or apprenticeship position so you can get much-needed experience. Once the suitable job vacancy finally shows up, you’ll be ready for it.

Do Some Networking
After doing everything else, reach out to industry leaders to stay informed on any new developments or updates—platforms like LinkedIn connect with individuals who might achieve your goal. Your next employer might be one brave move away, so take the initiative and get to networking.

Considering starting a company in the industry? Areas with lower barriers to entry and fewer upfront investments are renewable energy services such as solar.

Salary varies in the industry and is determined mainly by employees’ qualifications and technical experience. Although the salary in this industry ranges, international companies pay more to their workers and offer more benefits. Some benefits often offered by some top power companies include Health insurance, Sick leave, Retirement plan, and flexible working hours.

International
Trans-Mediterranean Renewable Energy Cooperation
Solar Energy Industries Association (SEIA)
International Solar Energy Society
Renewable Fuels Association
Canadian Renewable Fuels Association
American Public Power Association (APPA)
National Association of Power Engineers (NAPE)

Electric Power Supply Association (EPSA)
Power Engineering Society (IEEE)
Association of Energy Engineers (AEE)

Nigeria
Renewable Energy Association of Nigeria (REAN), Nigerian Association For Energy Economics, Sustainable Energy Practitioners Association of Nigeria (SEPAN)
Nigerian Gas Association, The Association of Nigerian Electricity Distributors (ANED), Association of Power Generation Companies (APGC)

 

Nigeria
Tonye Cole, Damilola Ogunbiyi , Segun Adaju, Hannah Kabir, Olusegun Odunaiya

 

International 
IRENA – International Renewable Energy Agency
Office of Energy Efficiency and Renewable Energy. US Dept. of Energy
International Energy Agency: IEA
American Council on Renewable Energy (ACORE)
International Renewable Energy Alliance
WCRE – World Council for Renewable Energy
Clean Energy Institute (CEI) at the University of Washington
Canadian Energy Regulator (CER)
Federal Energy Regulatory Commission (FERC)

Nigeria
Renewable Energy Technology Training Institute (RETTI), The National Environmental, Standards and Regulations Enforcement Agency (NESREA), Federal Ministry of Environment, Nigerian Electricity Regulatory Commission (NERC), Federal Ministry of Power, Works, and Housing, Nigerian Bulk Electricity Trading Company plc, Nigeria Electricity Liability Management Company, Rural Electrification Agency.

 

The power sector consists of 3 branches: Generating Companies that generate electric energy through different sources for Industrial/Household use; Transmission Companies that construct infrastructure that transports electrical energy from generating sites to substations; Distribution Companies are responsible for distributing power to consumers.

International

Power: 
General Electric, ABB Limited, Siemens AG, ABB Kuhlman, Bharat Heavy Electricals Limited, CG Power and Industrial Solutions Limited (CG), Diamond Power Infrastructure Limited, Eaton Corporation plc, Cooper Industries plc, EFACEC Power Solutions, GE Grid Solutions, LLC, Hammond Power Solutions, Inc., Howard Industries, Inc., Hubbell Incorporated, Hyosung Power & Industrial Systems Performance Group, Hyundai Electric & Energy Systems Co., Ltd., Imefy Group, JiangSu HuaPeng Transformer Co., Ltd. (JSHP), Kirloskar Electric Company Limited, KONCAR-Elektroindustrija d.d., Larsen & Toubro Limited, Mitsubishi Electric Corporation, Pioneer Power Solutions, Inc., Bemag Transformer, Jefferson Electric, Harmonics Limited, Regal Beloit Corporation, S&C Electric Company Inc., Schneider Electric SE, SPX Transformer Solutions, Inc., Toshiba Energy Systems & Solutions Corporation, Wilson Power Solutions Ltd., Xi’an XD Transformer Co., Ltd.

Renewables:
CropEnergies AG, SunPower Corporation, Centrais Eletricas Brasileiras SA, Renewable Energy Group Inc. (REGI), Hanergy Holding Group, Brookfield Renewable Partners L.P., First Solar Inc. (FSLR), JinkoSolar Holding Co. Ltd. (JKS), NextEra Energy, Inc., Orsted A/S (DNNGY), Siemens Gamesa Renewable Energy SA (GCTAY), SA, Vestas Wind Systems A/S (VWDRY), Tesla, Inc., Iberdrola, SA, Iberdrola SA (IBDRY), Brookfield Renewable Partners LP (BEP), Canadian Solar Inc. (CSIQ), SunPower Corp. (SPWR), Abengoa SA, Acciona, Ascent Solar Technologies, Inc, Azure Power, Ballard Power Systems, Boralex Inc, Enlight Renewable Energy Ltd., Enviva, General Electric, Goldwind, Infigen Energy, iSun isunenergy.com.

Nigeria
Power: 
Schneider Electric Nig. Ltd, Coleman Technical Industries Ltd, Chapex Nigeria Enterprise, Beacon Wire and Cable Nigeria Ltd, ZMS Power Cable Co. Ltd., Microscale Embedded Ltd, Okolison Brothers Nigeria Limited, EZZY Integrated Multiglobal Limited, Melcify Nigeria Limited, Munka Group, Apexbond electric industries limited, Domax International Limited, Melcify Nigeria Limited, Comet Star Manufacturing Company Ltd, Cutix Plc, Girisim Construction Energy And Trade Nigeria Limited, Sinitor & Co Nig Ltd, Berliac Engineering Cables, and Wire LTD. 

GENCOS: Egbin Power Station, Kanji Power Station, Jebba Power Station, Kano Power Station, Dadin Kowa power station, Azura Power Station, Itobe Power Station, Sapele Power Station 1&2, Ibom Power Station, Transcorp Ughelli Power Station, Omotosho Power Plants 1&2, Omoku Power Plants 1&2, Olorunsogo Power Plants 1&2, OkpaiI Power Station, Kudenda Power Plant, Egbema Power Station, Gberegu Power Station 1&2, Ihovbor Power Station, AES Barge Power Station, Aba Power Station, AFAM Power Station (IV, V, VI), Calabar Power Station, Alaoji Power Station.

TRANSCOS: Transmission Company of Nigeria (TCN)

DISCOS: Kaduna Electricity Distribution Company Plc, Yola Electricity Distribution Company Plc, Enugu Electricity Distribution Company Plc, Abuja Electricity Distribution Company Plc, Ibadan Electricity Distribution Company Plc, Jos Electricity Distribution Company Plc, Eko Electricity Distribution Company Plc, Ikeja Electricity Distribution Company Plc, Port Harcourt Electricity Distribution Company Plc, Benin Electricity Distribution Company Plc, Kano Electricity Distribution Company Plc, Sahara Energy

Renewables:
Arnergy, Sygnite Power and Energy Solutions, Solar Force Nigeria Ltd, Novel Power System, Arthur Energy Technology Ltd, Datacomm Express, Enerplaz Renewable Energy, Novel Power Systems, Protergia Energy, PSC Industries Limited, Rosetop Nigeria Ltd, Solar Force Nigeria Ltd, Solynta Energy Ltd, Wandel International Nigeria Ltd, APET Renewable Energy Services, Wandel International Nigeria Ltd, BETSAM Engineering, Energy Excell Systems and Solutions Ltd., Gaiasolar Nigeria Enterprises, GreenPower GP, Novonex Energy, Power Pluse Energy Company, Simbross Ideal Tech Limited.

Startups:
CosmicWaterLeaks, Enfinergy, SmartHelio, PowerX Technology, GRIT Systems Engineering, BuyPower, Zola Electric, Lumos, d.light, Sun King, Quadcycle Nigeria, Daystar Power, Azuri Technologies, Bin Energy, Rensource Energy, Oando, Anergy, Utilight, Fervo Energy, Oxford Photovoltaics, Celtic Renewables, Geo Renewables, Cherry Street Energy, Enernet, Inti-Tech, Peak Clean Energy, Phosphopower Group.

 

  • Dilapidated power infrastructures
    Dilapidated infrastructure is one of Nigeria’s most significant concerns in the power sector. Despite the privatisation of Nigeria’s electricity sector, the country’s electrical infrastructure has not been entirely rebuilt. As a result, the power sector lacks adequate infrastructure to satisfy Nigeria’s electrical demands. Many power lines, transformers, power grids, distribution stations, and other components malfunction, resulting in a current loss in transit. The poor infrastructure employed by electricity distributors is primarily to blame for the power loss in transit in the distribution arm of the sector.

    Vandalism and theft
    The rise in electricity distribution network vandalism poses a severe threat to the power sector’s sustainability and economic growth. It results in power outages and a lack of power supply in some parts. The common electrical theft in the country is meter bypass or illegal connections, leading to revenue losses by the power companies and thereby affecting production.

    Regulation of the power industry
    Inconsistent enforcement of rules and policies is a significant contributor to the problems faced in the Nigeria Power Sector. Since the privatisation of the Nigeria power sector, regulating standards of performance of the industry activities by the government regulatory bodies has become less effective. As a result, it has led to various issues (like the overcharging of electric customers by the distribution companies) plunging the sector.

    Metering
    According to the Nigerian Electricity Regulatory Commission (“NERC”), the electricity customer population stands at 7.48 million, of which only 3.39million (45.3% of the identified customer population) have meters. As a result, about 4.09 million customers do not have metres. Despite the government intervention to ensure customers have meters, many customers are still without meters which affects the control of consumption and the amount charged for electricity. Also, DisCos are reluctant to deploy meters because they use an estimated billing system to boost their revenues.

    High cost of some sources
    Africa’s power sector has numerous issues, primarily due to a lack of generation capacity, which results in limited electrical supply and inadequate access. The high cost of producing power is the principal impediment to increasing electricity generation capacity, compelling governments to subsidise consumption. Fossil-fuel-based power generation is the largest source of electricity generation in Africa. However, fossil fuels are the most expensive way to generate electricity, and increasing fuel prices may worsen this.

    Wide investment gap and Poor financing
    After privatising the Nigerian power sector, the sector faced severe financial difficulties. Most investors who purchased the power companies borrowed a lot of money from banks to buy the assets. As a result, they are attempting to repay their loans rather than investing in infrastructure revitalisation due to insufficient finance. According to a KPMG report, despite the Central Bank of Nigeria (CBN) and the Nigerian Economic Recovery Commission (NERC) ’s effort to resolve the industry’s financial problem, the power sector continues to be burdened by massive debt. As a result, there is a lack of capital investment.

    Environmental/Noise Pollution from Generators
    Generators are contributing to environmental/noise pollution in numerous sections of the country due to an increase in the use of generators (Diesel or Petrol Generators), which citizens blame on power distribution companies’ inability to deliver consistent electricity. The increased usage of generators as a backup plan for businesses and inhabitants in the country pollutes the environment and adds to global warming, and has been a cause of concern for the National Environmental Standards and Regulations Enforcement Agency (NESREA) of the country.

    Low willingness to pay for access to electricity
    Improving access to electricity in developing countries is a complex problem because of the high costs of grid extension and the low demand for grid electricity in rural areas. Many residents of rural areas who are demanding access to electricity have not been willing to pay to get the quantity of electricity they need. As a result, it has cost them access to electricity. Lack of willingness to pay for electricity has led to an increase in electricity theft.

    The Challenge in the Nigeria Renewable Energy Industry
    Achieving affordable clean energy is a challenge in Nigeria and other African nations. Most of the current clean energy strategies are either not sustainable or poorly maintained. Nigeria is a major exporter of fossil fuels but is currently faced with a significant energy crisis. As a result, there is a search for a sustainable renewable form of energy as an alternative to fossil fuels to meet SDG 7. 

    Enabling Government Policy
    Biofuel is recognised as a sustainable form of renewable energy in Nigeria. Sugarcane, cassava, plant seed, waste materials and feedstocks for bioethanol and biodiesel production. However, technological advancement and governmental policy are not well framed or developed to cater to this, which has hindered any progress in that light.

    Land Tenure Practice
    Despite the land use decree, the customary land tenure practice continues to dominate, which gives the community control over land use. Communal control over land in Nigeria creates a lot of bottlenecks for investors due to tribal and ethnic clashes over land disputes. In addition, it has brought considerable drawbacks to the use of fallow land in some rural communities with massive arable land to grow feedstock for biofuel production. 

    Animal Grassing
    Another major challenge is the invasion of farmland by grassing herders. The herdsmen have become a major threat to farming in most rural areas in Nigeria, which has recorded a severe loss of human lives. In addition, it has created many communal issues bringing a setback to the use of farmland for cultivating feedstock for biofuel production.

    High Production Cost
    High production cost makes it discouraging to embark on the production of biofuel, mainly bioethanol and biodiesel. Moreover, in some cases, the feedstocks used can also serve as food, which has caused competition between the resources serving as feedstock for biofuel and, at the same time, food. Since this may likely be a threat to food, the current move is to consider the use of feedstocks that are nonfood. Furthermore, with discoveries in science and technology, Priority should be given to processes that make biofuel production environmentally friendly and cost-effective.

    Innovations in the Power and Renewable Industry:  

    Advanced Photovoltaics.
    Solar companies are integrating photovoltaic (PV) systems into every aspect of our surroundings, reducing the need for additional land use. As a result, integrated PV, floatovoltaics, and agrivoltaics are logical shifts in trends. Furthermore, startups are working on thin-film cells to make solar panels more flexible, cost-effective, lightweight, and environmentally friendly. Finally, emerging companies are developing technologies to concentrate solar power using mirrors and lenses to improve PV performance.

    Distributed Energy Storage Systems.
    Distributed Energy Storage Systems (DESS) localises renewable energy generation and storage, overcoming production irregularities. Startups are offering a variety of battery and batteryless solutions based on financial and other requirements. They are also developing batteryless storage alternatives such as pumped hydro and compressed air technologies in response to discharge, safety, and environmental pollution concerns.

    Solar Roof Tiles
    Solar panels are usually put on top of house roofs. Solar roof tiles use the same concept. However, instead of putting panels on the roof, the tiles are solar panels. As a result, this allows for more solar energy because of the increased surface area and eliminates the need for traditional tiles.

Artificial Intelligence and Big Data
The energy grid is a complex infrastructure requiring real-time decision-making. Big data and AI algorithms enable utilities to do. In addition, Power consumption forecasting and predictive maintenance of renewable energy sources are two applications of AI in the renewables sector. It also allows the internet of energy applications, which predict grid capacity levels and perform time-based autonomous trading and pricing.

Advanced Robotics
Production and process efficiency is proving to be a significant barrier to harnessing renewable energy. To overcome this challenge, robotics enables accuracy and optimal resource utilisation. Automated solar panels, for example, orient themselves to maximise energy conversion. Automation of equipment also speeds up maintenance processes while reducing the need for human intervention. In addition, drones create digital site twins and 3D maps by imaging and calculating elevation data and help in inspection and operations (handling dangerous, repetitive work). And also improving safety and productivity.

Blockchain
Energy startups use blockchain technology to advance trusted transactions in the renewable energy sector. Smart contracts, for example, advance peer-to-peer (P2P) electricity trading for transactive energy. Also, blockchain technology is used to encrypt the data associated with grid operations and monitoring as it’s vulnerable to cyber threats. Renewable energy providers are also using blockchain to track the chain of custody of grid materials. It also makes it simple for regulators to access data for regulatory compliance.

  • Books
    Sustainable Energy – Without the Hot Air by David J C MacKay
    The Corporation by Joel Bakan
  • Too Big to Fail by Andrew Sorkin
  • The Hemlock Cup by Bettany Hughes
  • Small Is Profitable: The Hidden Economic Benefits of Making Electrical Resources the Right Size by Amory Lovins
  • The Moral Case for Fossil Fuels by Alex Epstein
  • Power System Economic and Market Operation by Jin Zhong
  • Big Data Analytics in Future Power Systems by Ahmed F. Zobaa, Trevor J. Bihl
  • Podcasts
    Redefining Energy
  • BBC Radio 4 – The Bottom Line
  • The Offshore Wind Podcast by GWEC
  • Delta-EE: Talking New Energy
  • The Energy Gang
  • Currents
  • Berkeley Energy Lab
  • The Power Podcast
  • Electric Perspectives
  • EPRI Unplugged

Events

  • All-Energy Exhibition and Conference Glasgow, UK. 
  • SOLAR KENYA (SOLAR AFRICA), Nairobi, Kenya. 
  • Industrial Energy Systems EURASIA (IES EURASIA), Turkey.
  • KPMG Global Energy Conference, 18th edition Houston, USA.
  • Solar Power China Expo, Beijing, China. 
  • Energy Storage World Forum, Berlin, Germany. 
  •  International Conference on Nanomaterials for Renewable and Green Energy (ICNRGE) – Lagos, Nigeria. 
  •  International Conference on Energy Efficient Technologies and Renewable Energy (ICEETRE) – Lagos, Nigeria. 
  •  International Conference on Environment, Electrical Engineering and Renewable Energy (ICEEERE) – Lagos, Nigeria. 
  • International Conference on Power Engineering and Alternative Energy, Lagos, Nigeria. 
  •  Electric Power Conference and Exposition, Denver.
  • Smart Electric Power Alliance (SEPA) Utility Conference, Charlotte.
  •  

Movies/Documentary

  • Carbon Nation
  • The Fourth Revelation: Energy
  • Happening: A Clean Energy Revolution
  • Rafea: Solar Mama
  • Fuel
  • Spoiled
  • The Current War
  • Tesla
  • Life on the Line

Guides/Publications

  • RTO Insider
  • Energy Policy
  • Electricity Policy
  • Electric Light & Power
  • Power Engineering
  • Electic.org
  • Electric Perspectives

Biotech

Overview of the Biotech Industry

The life sciences industry, also referred to as Biotech, includes businesses, organisations and research institutions dedicated to protecting and improving organism life. They include biomedicine, pharmaceuticals, biophysics, neuroscience, cell biology, biotechnology, and nutraceuticals. And also food processing, cosmeceuticals, life systems technologies, environmental sciences etc.

The scientific discipline involves research and development (R & R&D) of plant, animal, and human life. It is a subdivision of the life sciences industry. For human health, the life sciences and the industry is essential to figuring out the nature and severity of diseases. Environmental science is a subcategory in this industry. It helps protect our environment. Biopharmaceuticals, biomedicine, nutraceuticals and life systems technologies. These deal with the research and development of medicines and supplements.

Biomedical Scientist, Biotechnologist, Biochemist, Biophysicists, Computational Biologist, Epidemiologists, Microbiologist, Clinical Research Associate, Industrial Pharmacist, Research Assistant, Bioinformatician, Zoologists and Wildlife Biologists, Chemical Technicians, Biological Technicians, Medical Scientists, Medical and Clinical Laboratory, Technologists and Technicians.

The jobs with the highest paying salaries include:
Biomedical Engineer, Biochemist and Biophysicists, Biotechnology Research Scientist, Biomanufacturing Specialists, Medical Scientists, Microbiologists

  1. Creativity & Critical Thinking. A lot of research and development work in the life sciences industry involves understanding the relationships between ideas: producing new ideas, solving problems, and creating opportunities.
      1. Continual Learning & Adaptation. The rate at which innovation and research happens in the biotechnology industry requires staying up-to-date with the latest happenings to apply to current research and processes.
      2. Communication & Persuasion. Working in the life sciences industry requires expressing clearly in writing, speaking and other forms of communication. Proper communication skills are necessary to collaborate with and influence others toward achieving a desired goal.
      3. Analysis & Problem-Solving. Research in life sciences involves understanding and breaking down a problem. It is crucial to understand the challenges, identify the key elements and issues and suggest solutions while envisioning the implications of different approaches. You should have the ability to discover solutions and apply what you know in getting tasks done.
      4. Teamwork and Networking. These skills are useful for collaborative work: from research scientists to technicians and clinicians, ensuring synergy across several disciplines.
      5. Digital Skills: The primary digital skill required in Biotechnology include:

Specific degrees or courses are native to the industry. Although a Bachelor’s degree in a life sciences course provides a solid background for a career in the industry. An undergraduate degree in a related science course, like chemistry or physics, is valuable. A Master’s degree in biotechnology or other life sciences course gives you the chance to focus on a specific subfield. Most graduate programmes require a Bachelor’s degree from an accredited institution.

Life science courses include:,
Biochemistry, Biological Sciences, Biotechnology, Genetics and Molecular Biology, Human, Biology, Medical Biology, Biomedical Science, Forensic Science, Medical Laboratory Science, Medicine and Surgery, Nutrition (Exercise and Health) , Nutrition (Human Nutrition), Pharmacology, Pharmacy, Sport Science

The life sciences industry covers; a wide range of jobs and roles regardless of background or specific expertise. There are choices as to which area to work in based on your location, preferences, skills and capabilities. There is constant room for career development and individual growth in the industry. 

An internship makes you familiar with the nature of the work performed in the industry. It can also help your application; to a postgraduate program, especially if you do not yet have professional experience. 

Working for a large global business (e.g. Pfizer or Novartis) means fierce competition to enter as these companies transition to a leaner, more focused enterprise with smarter investment choices. As a result, startups will rapidly increase your skills level: as typically, you work across several departments. 

There is also room for professionals without a specific science background, especially those interested in a commercial or business role. Some roles might require you to move a lot or even relocate cities. 

Organisations in growth mode can be fast-paced with high expectations for performance.

The life sciences industry covers; a wide range of jobs and roles regardless of background or specific expertise. There are choices as to which area to work in based on your location, preferences, skills and capabilities. There is constant room for career development and individual growth in the industry. 

An internship makes you familiar with the nature of the work performed in the industry. It can also help your application; to a postgraduate program, especially if you do not yet have professional experience. 

Working for a large global business (e.g. Pfizer or Novartis) means fierce competition to enter as these companies transition to a leaner, more focused enterprise with smarter investment choices. As a result, startups will rapidly increase your skills level: as typically, you work across several departments. 

There is also room for professionals without a specific science background, especially those interested in a commercial or business role. Some roles might require you to move a lot or even relocate cities. 

Organisations in growth mode can be fast-paced with high expectations for performance.

International 
The International Union of Biochemistry and Molecular Biology (IUBMB)
Biotechnology Innovation Organization (BIO)
International Council of Biotechnology Associations (ICBA)

Nigeria
Biotechnology Society of Nigeria (BSN), Pharmacists Council Of Nigeria (PCN), Pharmaceutical Society Of Nigeria, Nigerian Society of Biochemistry & Molecular Biology (NSBMB)

 

International
Jennifer Doudna, Rudolf Jaenisch, Uğur Şahin, Françoise Barré-Sinoussi

Nigeria
Abasi Ene-Obong (CEO 54gene), Dr Oladipo Elijah Kolawole (Founder, Helix Biogen Institute)

 

US: FDA (the Food and Drug Administration)
EU: EMA (the European Medicines Agency)

Nigeria
National Biotechnology Development Agency (NABDA), National Food and Drug Administration and Control (NAFDAC)

 

International
Johnson & Johnson, Roche, Pfizer, Novartis, Amgen, Sanofi, AbbVie, GlaxoSmithKline

Bayer, Eli Lilly and Co, Gilead Sciences, Bristol-Myers Squibb, Allergan, AstraZeneca, Abbott, Novo Nordisk, Novartis, Biogen, Takeda Pharmaceutical, Regeneron, MSD (Merck Sharp & Dohme), Intellia Therapeutics, Elanco, Novavax, 10x Genomics, Horizon Therapeutics, Ultragenyx, BeiGene, BioMarin, Incyte, Alnylam Pharmaceuticals, Eisai Pharmaceutical, Genmab, Astellas, Seagen, Alexion Pharmaceuticals, Vertex Pharmaceuticals, Daiichi Sankyo, Zoetis, Stryker Corporation, 

Startups:
Cellarity, Kriya Therapeutics, Bionaut Labs, Century Therapeutics, EQRx, Orna Therapeutics. Endogena Therapeutics, Omne Possibile, Scailyte, Biosplice, Ginkgo Bioworks. Beam Therapeutics, Auris Health, Cerevel, Century Therapeutics, Passage Bio. Maze, Ribon, 10x Genomics. 

Nigeria
Novartis, GlaxoSmithKline, Johnson & Johnson, AstraZeneca, Pfizer, Roche, bioMérieux, Bayer, Novo Nordisk, Merck KGaA, IQVIA, Sanofi, Aspen Pharmacare, Shalina Healthcare, Sun Pharmaceutical Industries, Inc., Veeda Clinical Research, Ranbaxy, Unique Pharmaceuticals, Greenlife Pharmaceuticals, Boehringer Ingelheim

Startups
54gene, Eurekan Biotech, Helix Biogen Institute, Proteinea

 

  • High R&D costs
    The high costs of going from the laboratory to creating products for human use is a global problem. Therefore, several universities and research institutes have perfected the practice of technology transfers. Universities or research institutes transfer the knowledge, findings and skills (Intellectual property) to other organisations where it is developed: into a marketable product.

    Low R&D productivity

    Environmental Damage
    There is some concern against genetically modified organisms (GMOs).

    Production/Laboratory Safety
    Some technologies, normally nonbiological, create commercial production lines even before they are tested for safety. Another concern is the protection of technicians in a laboratory even under protected conditions, especially when working with unidentified virulent organisms.

    Bioterrorism
    Several biological toxins and infectious organisms could be used to attack animals, humans and plants. 

    Ethical Issues
    Many ethical questions stem from the suitableness of licensing genetic inventions and many other IP issues, like genetic cloning etc. These go against the religious beliefs of many people.

  • Artificial Intelligence
    AI enables BioTech startups to automate a wide range of processes, helping them scale up their operations.

    Big Data
    BioTechnology today has a tremendous amount of data available. Big data & analytics solutions allow BioTech startups to tap into this wealth of data to drive innovation.

    Smart Technology to assess and treat patients using drugs
    Smart Technology will improve: by integrating assessment devices such as MRI scans, laboratory equipment, and in-patient monitors and management tools. Doctors will have the ability to combine the data needed to prescribe the correct medication for the patient. 

    Increased digitalised assessment, diagnosis, and treatment of patients
    Digital technology has transformed businesses over the years allowing for better access to consumers and improved marketing strategies for companies. Digitalisation in the life sciences industry will increase through online assessment, diagnosis, and treatment of patients.

    Data integration and management
    In the early days of data management, data analysts found it difficult to gather, organise and interpret important information for life sciences research and system operations. The innovation of cloud management will enable data management professionals to collect and clarify data. There is also increased use of cloud-based technologies such as DNA sequence editing, designing and running experiments, analysing data, and sharing research like Benchling.

Publication
Nature Biotechnology
Nature
Science
CellNature Communications

Events
The Darwin International Conference
The Festival of Genomics & Biodata
Euro-Global Conference on Biotechnology and Bioengineering

Podcasts
A View On
Talking Biotech
Sounds of Science
First Rounders
The Readout LOUD,
Science Friction

Books
Regenesis: How Synthetic Biology Will Reinvent Nature and Ourselves
by George Church and Ed Regis
Genentech: The Beginnings of Biotechby Sally Smith Hughes

The Emperor of All Maladies: A Biography of Cancer by Siddhartha Mukherjee

The Immortal Life of Henrietta Lacks by Rebecca Skloot

Her-2: The Making of Herceptin, a Revolutionary Treatment for Breast Cancer by Bazell Robert

Movies/TV Shows
Gattaca
The Andromeda strain
Elysium
Splice
Contagion
Altered Carbon
Orphan Black
Icarus
What/If

Fast Moving Consumer Goods (FMCG)

Overview of the Fast Moving Consumer Goods (FMCG) Industry

What do carbonated drinks, bathing soap, spaghetti, painkillers, shaving sticks, and other consumables you buy at the nearest retail outlet to you have in common? They all belong to one of the world’s largest industries; Consumer Packaged Goods (CPG) or Fast Moving Consumer Goods (FMCGs). They are affordable, fast selling, highly demanded items— packaged for easy distribution, long-term preservation on shelf spaces and easy access by consumers. 

It is a global multi-trillion-dollar industry with activities spanning product development, manufacturing, packaging, marketing, wholesale, distribution and retail sales. Though these items may seem cheap, the business is in their volume and quick turnaround time from high demand.

The industry’s products include processed foods such as breakfast cereal and boxed pasta; fresh food/groceries such as fruits and vegetables; frozen items such as ice cream; baked food such as pastry items; dry goods such as coffee; tea, sugar; candy such as chocolate bars; soft drinks and beverages; alcoholic drinks; fruit juice; dairy; and bottled water. 

It also includes beauty products such as cosmetic makeup and hair products—toiletries, toothpaste and shampoo; cleaning products—bleach and soap; office supplies such as paper, pens, pencils, and notebooks. It includes over-the-counter medications such as pain killers and multivitamins. It also includes items of clothing such as undergarments and socks. Indeed, it’s an industry all around us.

FMCG companies are involved in a wide range of activities. These open up job opportunities for graduates from a wide range of disciplines. Job areas in the industry include:

  • research and development
  • procurement
  • supply chain/logistics
  • brand and product management
  • engineering and manufacturing
  • quality assurance
  • sales and marketing
  • packaging and pricing
  • customer care

Career disciplines that fit well into the industry are Marketing, Sales & Services for product development and distribution, Design & Engineering for production. And also Media & Communications to drive marketing, Finance, Management & Business Administration and other areas, such as Information Technology and People management.

The FMCG industry has some of the highest-paying companies in the world. The industry regularly features as one of the best in some countries for graduates to start their careers.

In terms of compensation; multinationals, foreign local joint ventures, or local companies with a portfolio of international brands pay far more than local companies with local brands. The industry also consistently ranks as one of the best industries for graduates with a business, management and marketing degree to start their careers.

    • Communication and Persuasion: These are applicable, reporting sales performance, crafting and launching communicating campaigns to customers and negotiating with suppliers and distributors.

       

    • Professionalism & Industry Awareness: These are applicable for easing and thriving in the work environment and interaction with colleagues. As a dynamic industry, it is crucial to stay abreast of changing consumer habits, product launches from the competition, and the latest trends.

       

    • Continual Learning & Adaptation: As a huge industry, there may be changes to job roles, brand focus and location or both. Being able to learn on the job and adapt to changes are essential for thriving in the industry.

       

    • Analysis & Problem Solving: Why are the sales of a brand of drink stalled? How do we open to expanding our distributorship in the North? How do we ensure this new soap is available across supermarkets; to meet demand during the marketing campaign? These are just a few of a wide range of questions always asked in the industry. They require the ability to analyse the current situation to provide actionable answers.

       

    • Critical Thinking and Creativity: The industry is highly competitive and requires innovation to stand out— demonstrated in product development, positioning, pricing, marketing communications, and seasonal promotions. Critical thinking and creative skills are needed to come up with innovations. These not only boost sales in the short term but inspire long-term brand loyalty.

       

    • Digital Skills: The FMCG is a volume industry which deals with a lot of numbers. Data Analytics skills can help merge data from multiple sources such as brand categories to develop dashboards that show product sales across different locations over time. Data Science skills can help to derive insights such as customer behaviour in response to product changes and make predictions on seasonal brand performance based on historical data. Digital marketing skills can help execute online marketing campaigns within the company or outsource to agencies while doing a social media “listening” of audiences.
    •  

Many companies in the FMCG industry demand graduates with at least a 2.1 degree across a wide range of disciplines, except for specialised technical roles such as research and development, manufacturing and quality assurance that may demand specific degrees such as Food Science and Technology; Chemistry, and Science Laboratory Technology. 

The profession of each individual determines the relevance of training—with professional bodies and qualifications accessible.

Higher degrees are available in specific areas of interest such as product management and supply chain management. These qualifications and degrees may not be directly relevant or rewarding to the job role in the industry. However, they are helpful for career mobility.

Most of the major FMCG companies offer training schemes for graduates—with a second-class upper degree across a wide range of degrees being a common requirement. Areas available to graduates during these schemes may include supply chain management, business, technology and marketing. Graduates may have the privilege of rotating across areas before specialising. 

Some graduate schemes require applicants to specify if they want to work in the technical, commercial or operations support roles in their graduate scheme. Others are general, providing graduates with the opportunity to work across various units until they specialise.

Information on graduate recruitment is usually available in press releases: on job sites, websites, and social media handles. Some FMCGs go as far as visiting campuses to recruit the best students.

However, universities close to industrial zones benefit from this the most. Some now do their career fairs online to provide tips for applying to students. Most of these schemes are available for application online. Selected candidates are invited for aptitude tests online or at designated assessment centres. Qualified candidates then progress to at least two stages of interviews which test for analytical and soft skills, and sometimes the commercial/industry awareness of candidates. 

Companies also offer work experience placements and internships. These can provide leeway into a company if you are looking to apply for their graduate scheme after completing your degree. 

Building a good relationship with colleagues and managers—in addition to performing well can give you afoot at the door during graduate recruitment provided going through the process is still required.

Innovation and entrepreneurial actvities are booming in the healthy drink and food segment of the FMCG industry. Consumers are becoming more health-conscious. However, having a healthy product is not enough; gaining foot as a business in the FMCG industry is built on marketing prowess, distribution and economies of scale. 

Startups are also entering the industry to provide solutions to market insights and last-mile distribution in the e-commerce sector. eCommerce is also an emerging channel for FMCGs in Africa.

The FMCG industry is home to the world’s biggest brands and consumer companies such as Coca-Cola, Procter & Gamble, Unilever, PepsiCo, Nestle, Gillette, Johnson & Johnson and Mars. 

Large FMCG companies typically serve as a giant umbrella for many brands, sometimes having overlapping products targeting the same customer segment. 

The fast-paced and competitive nature of the FMCG industry—makes it one of the most exciting industries to pursue a career. It exposes graduates to a wide range of business functions than most sectors do. However, there is room for specialisation along the line. 

With innovation and marketing essential to succeeding in the industry, there is a continual need for innovation in packaging, advertising and communications aimed at the consumers. It remains one of the best industries to groom marketing communications and sales professionals. Its dynamism and diversity make it welcoming for graduates from any degree background. 

Job roles in the industry mostly transfer directly into business functions in other industries, making the FMCG industry a launchpad for further career progression.

Job areas include consumer market research, product development, marketing, manufacturing, packaging and branding, sales, and supply chain.

The industry is highly competitive and may demand long hours working with other colleagues poised to meet their targets. Thoe in marketing and sales departments often find themselves on the roads. They visit supermarkets to see how products are placed in other brands and take feedback from sales agents and customers. 

Graduates can also pursue technical career paths in research and development, quality assurance and other areas. Large and global FMCG companies have a well-defined career path for progression.

Learning on the job, through work assignments, provides development opportunities rarely offered through formal training and benefits and promotions are depending on the structure that exists in the organisation. Opportunities might exist to gain professional qualifications. However, most multinationals are confident about their internal training schemes and experience as equipping enough to train their staff to hold future managerial opportunities. 

Many organisations in the industry are committed to filling a majority of their middle to senior-level roles internally. They have also embraced coaching and mentoring to support the development of graduates.

Multinationals in the FMCG industry rank as some of the highest paying companies in their countries, providing graduates with immense career opportunities. However, there is an emphasis on performance which demands soft and analytical skills and maybe frequently take long hours of work. Insurance, pensions and work leave exist as work benefits. Performance in brand traction and product sales determine promotions and bonuses.

There are professional bodies that individuals working in the industry can join based on their discipline. Complementary bodies, such as manufacturing and retail associations with a focus on business functions, also exist.

 

 

Nigeria Industry Champions
Aliko Dangote, Oyeyimika Adeboye, Abdul Samad Rabiu, Obi Ezeude

 

Companies in the FMCG industry include companies that make, market and distribute their products to wholesalers and retailers. A company may have a brand distinctive from it or multiple brands which it markets. 

Other key companies that offer graduate employment are distributors and wholesalers. These companies sell to other retailers or operate their chain of supermarkets where customers can work; to buy products at their convenience. 

Other service providers are advertising agencies and marketing companies, market research and measurement firms.

Global Players
Johnson & Johnson, Nestle, Coca-Cola, Anheuser-Busch InBev SA, Anheuser-Busch InBev SA, Unilever, L’Oreal, Philip Morris International, Altria Group, Diageo PLC, British American Tobacco PLC, Mondelez International, Reckitt Benckiser Group, Estee Lauder Companies, Colgate-Palmolive, Pernod Ricard, Henkel AG & Company, Kimberly-Clark Corporation, Kraft Heinz Company, General Mills, Kao Corporation, Monster Beverage Corporation, Constellation Brands, Kellogg’s Company, Wilmar International, Tyson Foods, Cadbury, and Nielsen.

Other African Players and Startups
Tiger Brands, Dangote Group, GB Foods Africa, Tetra Pak. Eneodata South Africa, and Trade Depot.

Nigeria
Flour Mills Nigeria, Honeywell, UAC, Cadbury, Nigerian Bottling Company, Nigerian Breweries, Nestle Nigerian Plc, VITAL Products, Unilever Nigeria, Dangote Group (Dansa Foods Ltd), Coca-Cola Hellenic, FrieslandCampina Plc. PZ Cussons, Chi Limited, Beloxxi Group, Dufil, Tolaram, Cormart Nigeria Ltd, May & Baker, Dufil Prima Foods, Zubee International Ltd, British American Tobacco, Be Global Food FZE (BGF), OK Foods, Cape Cookies, Honeyland, Guinness, Rite Foods, FMCG Distribution, NASCO

 

Organisations exist to address the specific needs & priorities of companies in the safety of consumer products. Several others exist as consumer protection agencies. Most of these agencies adhere to existing global standards.

Nigeria
Standard Organization of Nigeria (SON), National Agency for Food and Drug Administration and Control (NAFDAC), Consumer Protection Council (CPC)

 

    • Dominance of the informal sector. Despite the top FMCG companies being well-organised firms, the market players that reach the consumers are non-formal. Traditional sales channels still dominate, despite the growing investment in shopping malls and supermarkets. These presents several challenges, like gathering data on consumer behaviour.
    • Market Complexity: the market is also highly fragmented with cultural and functional disparities. Tastes vary across regions and companies, especially in the food and drink segment. Companies have to adapt in terms of variations in products sold and marketing communications.
    • Last mile distribution: Distribution is a core business function in the industry. Unfortunately, the low level of infrastructural development in several African countries makes it difficult. Also, a high risk of product damage leads to expensive insurance premiums—contributing to a high cost of doing business.
    • Price sensitivity over brand loyalty: FMCGs earn brand loyalty by consistently delivering quality products and building an appealing brand to engage customers. However, despite brand loyalty still being of value, consumers in sub-Saharan Africa are sensitive to change in prices and quickly move over to the next affordable brand.

       

    • Complexity of doing business: Caused by changing government regulations on importation and foreign exchange that can be sudden. Long-term planning is tricky due to uncertainties in micro and macroeconomic conditions.
      • Digital Marketing. The competitive nature, little differentiation in product and pricing makes marketing in the FMCG industry intensive. Companies are no longer relying on only TV and Billboard advertising to reach their audience. Several have turned to advertise on social networks and content marketing to engage their customers. Digital marketing makes it easy to target prospects. They do this by measuring the effectiveness of adverts in real-time and interact with their customers. Sales still dominantly occur through traditional channels. However, digital marketing holds a strong influence on offline purchasing decisions.
      • Brand Listening: For the millennials—social media has become the first point of expression. Customer perception and behaviour analysis come through online listening and sentiment analysis with machine learning algorithms. Companies can read online reviews of their products by customers. They can gain more insights into purchase habits by finding the most associated words with their brands. Companies can also gain competitive intelligence by online monitoring of other brands.
      • Customer Experience: The rise of e-Commerce provides immense opportunities to improve the customer shopping experience and boost revenue. Companies can now recommend products to their customers. These are based; on the shopping habits of similar customers and changes in seasons. Touchpoints for personal customer interactions have extended beyond retail outlets through omnichannel touchpoints.
      • Improvement in Supply Chain: To improve efficiency in the distribution of products, companies rely on Supply Chain Management (SCM) software. They are using Enterprise Resource Management (ERM) software to manage their supply chain activities.

         

      • New business models: trends such as direct to consumer (D2C) and subscription for the occasional supply of essential products are being made possible with internet technologies.

Books

  • Sam Walton: Made in America
  • Why We Buy: The Science of Shopping
  • 21st Century FMCG Consumer Marketing
  • FMCG: The Power of Fast-Moving Consumer Goods
  • The Real Thing


Publications

  • The Drum
  • FMCG Business
  • Nielsen Insights
  • Consumer Goods
  • Path to Purchase IQ


Podcasts

  • Retail Ready
  • The Database by Nielsen
  • Off the Shelf: The Global Consumer Goods & Retail Industry Podcast
  • Investec Consumer and retail team podcast
  • Loose Threads — Inside the new consumer economy


Movies

  • The Corporation
  • Walmart, The High Costs of Low Prices
  • 99 Francs
  • Mad Men (Series)
  • The Story of Stuff

Events:

  • African Fintech Foundry
  • Lagos Fintech Week
  • PayExpo
  • Africa FinTech Festival (AFF)
  • Digital Payments and the New Economy

See upcoming industry events

Film

Overview of the Film Industry

The film industry consists of professionals and companies involved in filmmaking. They are engaged in various activities, including screenwriting, directing, acting, cinematography, animation, pre-production and postproduction, promotion, distribution, and box office counts. Products and services of the film industry include the production of video content for distribution via cinema, TV, rent or direct sales, and on-demand streaming services via mobile devices, set up boxes and personal computers. It also extends to the media and glamour from the strong followership in the industry.

Film production companies are of different categories based on their financial strength and mode of operation:

  • Feature Film Production Companies: Many production companies are in Los Angeles, London and New York. Apart from physical film production, these companies also deal with other filmmaking processes such as hiring talents, crew, writers, musicians, location scouts, a team for pre-production, postproduction, legal, etc.
  • TV Production Companies: these companies deal with filmmaking but with the involvement of broadcasters, networks and studios. They are usually under strict time constraints for the duration of their programmes with strict deadlines as well.
  • Commercial Production Companies: A video production company focuses on commercial work. They usually create a wide variety of videos, typically everything from lower-end work like screengrab videos to full-blown tv adverts, explainers, brand films, awareness videos, training videos, and even creative projects like music videos and short films.
  • Post Production Companies: Postproduction is about making your creative vision come to life on screen. Postproduction involves editing; piecing together raw footage to create a beautiful final video. It includes all postproduction aspects, including editing, special effects, colour correction, sound mixing, and music composition.  
  • Animation production companies: Most animation studios tend to use computer-generated animation these days. However, use stop motion animation, 2D Animation, and even hand-drawn styles.
  • Niche Production Companies: A niche production company usually has one thing that sets it apart. Generally, this is a sector or a particular style of filmmaking. For instance, ‘tabletop’ production companies will specialise in shooting footage of food being prepared using unique micro cameras.

 

Although the film industry is filled with several career opportunities, the most challenging part of getting started is getting the first job. Success in the film industry relies on individual ingenuity rather than formal education or degrees. It requires intelligence, creativity, and originality to thrive in the film industry. More importantly, it requires socialising and networking to make connections.

Popular careers in the film industry include:
Actor, Artist, Scriptwriter, Director, Assitant Director, Executive Producer, Production Designer, Legal Representative, Editor, Animator, Colourist, Camera Operator, Music Supervisor, Sound Supervisor, Sound Technician, Boom Operator, Production Manager, Foley Artist, Scouting crew, Set Designer, Production assistant, Choreographer, Talent scout agent or manager, Costume Designer, Composer and Arranger, Makeup Artist, Special and Visual Effects Technician, Stunt Performer, Dancer, Audio Recording Engineers, Graphic Designer, Graphics Programmer, Lighting Technician, Music Conductor/ Director, Location Manager, Casting Director, Cinematographer, Production Designer, Sound Designer, Props Manager, Program researcher, Publicist

The highest paying roles in the film industry include directing, screenwriting, acting and talent management (for star performers), animation, cinematography, editing, producing and distribution deals. For production crew members, wages are the usual mode of remuneration. However, it is an industry with a wide variation in wages that may depend on the production company, distribution deals, and the market. 

    1. Communication and persuasion. Good
      communication skills are crucial in this industry. Filmmaking requires effective communication to bring a vision to life, collaborate on teams and efficiently tell a story. 
    2. Creativity and critical thinking. Creativity is the bedrock of filmmaking. From start to finish, filmmaking requires creativity from everyone involved in the process.
    3. Analysis and problem-solving. Any role in the filmmaking process requires being analytical and solving problems every day in whatever phase of the process. Whether leading production, directing or working behind the cameras, you are problem-solving at every point.
    4. Professionalism and industry awareness. Filmmaking requires technical experience. It is essential to know the actual technology, rules and current trends used in your role in the industry.
    5. Digital Skills. 
    • Content development, especially for social media visibility and engagement during the marketing of a film or television show
    • Data Science: Streaming services use data science to figure out audience interests and apply it to storytelling and distribution

Getting a degree related to the film industry may provide greater leeway for a career in the industry. Still, it is not usually compulsory to have such degrees to excel in the industry. It is an industry where learning on the job and experience is dominant. While some film studies degrees combine both technical and theoretical knowledge, others focus more on the theory of film and filmmaking. Work experience will help you decide which direction to take after your degree. 

Benefits of studying for a degree related to the film and television industry include the opportunity to develop a portfolio of your work which is essential to pursuing a career in film. Another benefit is the opportunities to showcase your work, for example, at festivals and competitions and attend guest lectures and events from people in the industry. Degrees native to the film industry include a Bachelor or Master of Fine Arts in:

Film Production
Acting
Screenwriting
Film Studies
Film Motion Design
Film, TV Programme and Video Games Directing
Animation Production
Film Studies and English Literature
Film and Moving Image Production
Cinematic Arts

Professional certificates relevant to the industry include:
Certificate Programs in Media Production – Filmmaking Management
Certificate in Collaborative Filmmaking (CCF)
Certificate in FILM CREW TECHNOLOGY 
Multimedia for Film and Television Application
Documentary Filmmaking Certificate
Certificate in Audio postproduction

Most of the production jobs in the industry are not formally advertised but circulated through word of mouth. Hence, being geographically located in film production hubs is an advantage. Top film cities globally include Lagos, Casablanca, Johannesburg and Cape Town in Africa; Los Angeles, Atlanta and New York in the US; Berlin, London and Paris in Europe; Mumbai, Hong Kong and Beijing in Asia.

Related degrees may provide greater leeway for a career in the industry. It is an industry where learning on the job and experience are dominant, giving networking opportunities to succeed in the industry. You would have to be proactive in reaching out to companies and Directors by cold emailing or reaching out to those accessible to your network. Even more important is maintaining a solid relationship with contacts that can engage you when opportunities are available. 

There is no singular pathway into the industry. However, here are a few tips to help you gain entry:

  • Meet other filmmakers. The film industry is all about connections. Attend film festivals, screening events, and Film Courses and join a film group.
  • Filmmaking is not just about directors, cameras, and lights. There are numerous jobs in the industry that could be easier to get into. You can start as a production assistant to learn the mechanics of filmmaking and work your way up. 
  • Learn your trade. Go for it if you know what part of filmmaking you want to pursue. Read every book, watch every YouTube tutorial, take Classes, and start doing it on your films and other people’s projects.
  • Make contacts and make an impression. Reputation is a currency in the industry; so many jobs are through word of mouth. Build an excellent reputation always to get recommendations for the next job and the next job.
  • Get a representative. Most people in the industry do not usually get an agent, manager, or lawyer until they have a few credits under their belt. However, if you are coming in from a role/career adjacent to the film industry, for example, a musician transitioning into acting, it would be easier to get a representative.

A 12-hour workday is standard in the film industry. However, going as high as 14 to 18 hours is not unusual. Depending on the project, there can be multiple breaks to eat and get some rest. Below the line workers (technical workers) usually bear the brunt of the long work hours.

The industry is highly collaborative, from writing to physical production to editing, distribution, and marketing. As a result, the film industry is a highly competitive industry offering many opportunities for entry, but one in which it can be challenging to break through. From getting acting roles, pitching your stories, and producing your features, rejection is usual in the industry. 

Beyond talent, it takes persistence and readiness to adapt to changing times to succeed in the industry. Though often overlooked, immense opportunities exist in the movie distribution value chain. Players in this space include film retailers, cinema companies and technology companies delivering streaming Video on Demand (VOD) and over-the-top (OTT) content.

International
The International Federation of the Phonographic Industry (IFPI)
Fédération Internationale des Archives du Film (FIAF), 

Industry Associations and Professional Bodies

International
International Academy of Television Arts and Sciences
Academy of Motion Picture Art and Science (AMPA)
Film Music Network
Independent Feature Project
The Society of Composers and Lyricists

Nigeria
Nigerian Film Corporation, Nigerian Copyright Commission (NCC), National Film and Video Censors Board (NFVCB)Actors Guild of Nigeria (AGN), Association of Movie Producers (AMP), Directors’ Guild of Nigeria (DGN), Nigerian Society of Cinematographers (NSC), Screen Writers Guild of Nigeria (SWGN).

Nigerian Guild of Editors (NGE), Creative Designers Guild of Nigeria (CDGN), Association of Nollywood Core Producers (ANCOP), Association of Nigerian Theater Practitioners (ANTP), Motion Picture Association of Nigeria (MOPAN), Association of Movie Practitioners (AMP).

 

 

Nigeria
Mo Abudu (Media Mogul), Mary Njoku, Niyi Akinmolayan (Filmmaker), Kunle Afolayan (Actor), Kemi Adetiba (Filmmaker), Zainab Balogun (Actress), James Omokwe, Victor, Sanchez Aghahowa, Emil Garuba, Kenneth Gyang, Dami Elebe, Biodun Stephen, Genevieve Nnaji, Ramsey Nuoah, Richard Mofe Damijo, Dimbo Atiya.

 

International
The International Federation of the Phonographic Industry (IFPI)
Fédération Internationale des Archives du Film (FIAF).

Nigeria
Nigerian Film Corporation, Nigerian Copyright Commission (NCC), National Film and Video Censors Board (NFVCB).

 

Global
Netflix, Hulu, Sony, Warner Bros, Paramount Pictures, Metro-Goldwyn-Mayer Studios, DreamWorks Pictures, Sony Pictures Motion Picture Group, Walt Disney Studios, Universal Pictures, 20th Century Fox, Paramount Pictures, Lionsgate Films, Tyler Perry Studios, Gaiam Vivendi Entertainment, Skydance Media, Viacom CBS, BBC (Films), WarnerMedia Studios & Networks, NBCUniversal, AMC Theatres, Cineworld, Cinepolis, Cineplex, Cinemark, Canal+, Blackmagic Design, Canon, Panasonic, FujiFilm, Sigma Cameras

African Companies/Startups
Multichoice, ShowMax, Econet Media, Iroko TV

Nigeria Leading Companies, Startups and Employers
Multichoice Nigeria, Inkblot Productions, Mainframe Films and Television Productions, Rok Studios, Wale Adenuga Production, EbonyLife TV, FilmOne, Corporate Pictures Nigeria Ltd, Zentury Pictures Limited, Silverbird Group, The Entertainment Network (TEN), Golden Effects Pictures, Anthill Studios, Livespot360, Zuri24 Media, Notes Inc Media, Blk Hut Media, Native Media, TatafoHQ, Feemo Vision Limited, Greoh Studios, Baron’s World, Remote Productions, The Temple Company, Play Network Studios.

 

  • The following challenges are affecting the effectiveness and growth of the film industry in Africa: 

    The lack of proper funding; has led to low-quality movies. 
    Until recently, private corporate funding for the African film industry was scarce. However, a budding relationship exists between players in the industry and private equity firms and venture capitalists and other financial institutions.

    Absence of a strong cinema culture: As a result, the market size has shrunk. Africa is the most underserved continent concerning cinema distribution. Film education strategies are opportunities to need to educate the public on film and cinema, and more institutional funding to increase cinema screens.

    Copyright infringement affects profitability and discourages potential funding sources for film production. The piracy problem’s core is a profound lack of understanding of intellectual property issues, which concerns all stakeholders, including consumers, regulators, law enforcement agencies, and filmmakers. Unfortunately, consumer attitudes across Africa show a widespread tolerance of piracy, with pirate practices completely normalised and integrated into daily life.

    High level of government censorship: Film projects, especially those with historical themes which are likely to promote a perspective unwanted by the government, are censored.Pan-African collaboration: More African countries should collaborate to create richer storytelling and increase the regional market size.

    • Algorithmic Video Editing
      It refers to a technique for editing and reassembling footage based on a schema, outline or model. It requires coding skills. However, a code snippet would take very little time to handle the editing process. The code accesses the footage as data and arranges it according to the instruction. It has a wide range of users, from Big companies like Disney to YouTube creators.

      Virtual Reality
      Virtual reality (VR) is a three-dimensional, simulated environment generated by computer technology. VR allows users to interact with objects, physically look around within the VR environment, and perform specific actions. Filmmakers use VR to fully immerse a viewer in a story as an audience and as a character. It requires digital skills: UI/UX Design, Modelling & Simulation and Graphics design.

      Digital Re-creation
      It is simply using Computer Generated Imagery to digitally re-create people, for example, the appearance of the late Paul Walker in the Fast & Furious movies. The technology can also de-age actors (makes them appear younger). It mainly requires modelling and simulation design skills.

      Filming Equipment—for Phones (Smartphone Filmmaking Gear)
      Modern tiny, thin, and elegant device accessories now allow the creation of professional-level films and videos for social media, film festivals, and theatrical releases.

      Computer Generated Imagery
      Computer-generated imagery (CGI) refers to digitally-created images in film and television. It is a subcategory of visual effects. Here filmmakers can create or manipulate unexisting imagery in the physical environment captured on film or video. It mainly requires digital design skills.

      Digital content distribution
      A lot of films and television shows are now distributed on digital platforms. However, it is challenging how storytellers and content creators distribute their work—creatively and business-wise.

      3D printing
      The film industry uses 3D printing to produce costumes, props and objects to make more realistic imagery. 

Publications
The Hollywood Reporter
IndieWire
Roger Ebert
Filmmaker Magazine
Boxoffice
Cineaste. 
Close Up: Online UK film magazine
eFilmCritic.com
Empire
Errata
Eye For Film
Film Comment
Variety

Books
The Ride of a Lifetime by Bob Iger

Entertainment industry economics by Harold L. Vogel
The Business of Film by Paula Landry and Stephen R. Greenwald
Hollywood Producers Directory by J. Douma & D. Perez
Making Movies by Sidney Lumet
In The Blink Of An Eye by Walter Murch 
On Directing Film by David Mamet
Rebel Without A Crew by Robert Rodriguez
Something Like An Autobiography by Akira Kurosawa

Taking It All In by Pauline Kael
Master Shots Vol. 1,2,3 by Christopher Kenworthy
The Filmmaker’s Handbook by S. Ascher & E. Pincus
If It’s Purple, Someone’s Gonna Die by Patti Bellatoni

Movies
Entourage (2015)
Hitchcock (2012)
Bowfinger (1999)
Birdman Or (The Unexpected Virtue Of Ignorance) (2014)
Trumbo (2015)
Dolemite Is My Name (2019)
La La Land
Once Upon A Time In Hollywood
The Aviator

Podcasts
The Frame
Scriptnotes
Indie Film Hustle
The Business
The A24 Podcast
Angle on Producers (Life With Caca)
Sceneful Sundays
The Exploring Nollywood Podcast

Events
Venice International Film Festival, 
The Cannes Film Festival, 
TriBeCa Film Festival, 
Sundance Film Festival, 
SXSW Film Festival
Emmy Awards 
Golden Globe Awards
Nollywood Week Film Festival
Africa International Film Festival (AFRIFF)
Africa Magic Viewers Choice Award (AMVCA)
Africa Movie Academy Award (AMAA)

Fintech

Overview of the Fintech Industry

Though the word, fintech, is now popularly used for startups with innovative technologies delivering access to financial services, fintech actually means Financial Technology. The fintech industry encompasses new and well-established technology companies that provide software, systems, infrastructure for financial services and institutions. It also includes supporting companies with technologies that make financial transactions possible. 

Fintech services include digital payment, money transfer, savings, remittance, wealth management, investments and loans, financial advisory and spending analytics. These can be delivered as applications for individuals and businesses and as agencies and mobile money services to individuals who may not have direct access to digital devices. 

Ancillary services include identity management, trading, agent banking, and monitoring and compliance solutions for financial transactions. It also encompasses digital solutions for backend management of accounting processes in organisations and smartphones used by consumers.

The fintech industry has evolved to become an ecosystem of technologies—used for access and delivery of financial services. Though the industry today has seen an emergence of innovators and startups disrupting the traditional financial service sectors, incumbents such as Banks are also active players in the fintech industry. They use digital and mobile services to extend the touchpoint of their current offerings and introduce new products to the market. They also collaborate with startups who can leverage their licenses, customer base and branch network to roll out services to underserved and financially excluded customers.

The industry is open to digitally inclined graduates from all disciplines—providing technical roles for career disciplines in Information Technology, Finance, and Design & Engineering. Technical roles in the industry include:

  • app development/software engineering
  • Cloud technologies/DevOps
  • user experience design
  • digital marketing/growth
  • data/financial/business analyst
  • data analysis and science
  • data/information security/cybersecurity
  • analyst,
  • blockchain
  • risk and compliance officer
  • customer support

Other relevant career disciplines in the industry are Marketing, Sales & Services, Administration & Management, Media & Communications, Finance, Media & Communications, and People Management.  

The highest-paying jobs in the industry are software development/engineering, financial analysis & modelling. Also, data science, product management, SAP consulting, blockchain, cybersecurity, compliance and risk management.

    1. Communication & Persuasion: Fintechs operate in a competitive market with several options more becoming available to customers. Communication on offers must be clear and convincing to customers for startups who need to earn customer trust.

       

    2. Initiative & Enterprise: The fintech industry requires bringing ideas to execution. Speed can make a huge difference. It also requires an entrepreneurial drive to perform independently without access to the level of support that traditional financial institutions may offer. You would also have a higher degree of autonomy.

       

    3. Numeracy & Financial Literacy: Fintech is an industry of numbers—typical of the financial sector. The more comfortable you are with numbers and financial terminologies, the more likely your success—in the industry.

       

    4. Networking & Teamwork: Fintechs collaborate with other players in the financial sector to deliver the best experiences to customers. These may include payment processors, traditional banks and working with regulators for compliance. Conventional financial institutions are now seeing fintech startups as collaborators rather than competitors.
    5. Continual Learning & Adaptation: Technologies evolve— the regulatory landscape changes. Fintechs must adapt to changing technologies to meet their customers where they are while ensuring they remain compliant with regulations as they innovate.
  1.  

One of the things which makes the fintech industry stand out is the less barrier to entry. It is an industry that puts more on skills and experience over qualifications. However, graduates with technology and finance-related degrees such as computer science/engineering, software engineering, accounting, and business have a leeway into taking up technical roles in the industry. 

Several online courses are focused on fintech. However, there are no standardised certifications specific to the industry—probably due to the difference in technology stacks and regulations across geographies. However,  IT certifications in areas such as software development, cybersecurity, service delivery/management, digital marketing, and Agile/SCRUM project management will be considered relevant by most fintech companies.

Experience in the IT industry and the financial sector valuable. There are emerging relevant postgraduate programmes such as masters in finance and technology, financial technology, fintech, and financial innovation.

The bottom line, irrespective of discipline, important are digital inclination, hands-on technical skills in coding, digital marketing or finance.

Legacy and well-funded fintech companies may have graduate recruitment programmes. However, a majority of FinTech startups lack a formally structured recruitment process.

The industry provides several entry options, which include both well-established financial startups. Several institutions offer graduate schemes where you can select the technology track. Due to a lack of structured recruitment processes and graduate programmes for startups—you may need to network your way into the industry.

Early-stage fintech startups operate from tech hubs which can be an ideal place to visit regularly to network your way into the industry. Several startups participate in events within the ecosystem. These can be a meeting point with individuals working in the fintech space. Non-technical roles which offer easy entry into the industry are in customer service, social media communications and digital marketing in general communications.

The industry values hands-on experience; showcasing your work on online portfolio sites such as Github for developers and Behance for designers can provide opportunities to work with fintech companies. You can work on independent projects such as open banking that many traditional financial institutions are now embracing. 

Interviews can be chatty and may involve showcasing your work or talking about the latest trends and the industry future. Interviews can provide the opportunity to show your enthusiasm about the industry, radiate your energy and prove you will be a good fit into the culture of a fintech company.

For success in fintech entrepreneurship, experience seems to increase the odds of success. It helps to network with other stakeholders in the financial sector and become familiar with the business and regulatory environment crucial to succeeding in the fintech industry. A founder relying on the experience of others on the team can help in closing this gap.

Unlike other industries in the financial sector, such as banking and insurance that are more formalised and structured, working in the fintech industry offers more flexibility. Dressing to work is less formal, many fintechs offer remote working options, and most graduate roles are hands-on and less administrative or managerial in function. 

Most fintechs operate as relatively small startup teams or functional units in a well-established organisation—this brings work closer to home for each team member.

From onboarding new customers, rolling out new features, to fixing customer issues, working in the industry can be very demanding. The work is round the clock due to the dependence of individuals and businesses on financial transactions. And also the need for fintechs to build trust. Another reason for this is that early adopters of fintech solutions are typically millennials and Gen-Zs who have high expectations of the experience a fintech platform should offer. 

Internally, Fintech startups are under pressure to meet growth targets set by investors or attract investors. 

The fintech industry is very dynamic. Due to the small team size, less structured operations, and competition— they continually rollout features to improve their products. However, competitors can copy these features. It is why several startups leverage partnerships to make their ecosystem of services more attractive to customers. Another reason for this dynamism is the uncertainty in the regulatory environment. 

As a rapidly growing industry, several countries have not yet formulated comprehensive policies for the industry. It makes long-term planning difficult for fintechs and the need to be responsive to changes in government policies.

Benefits such as health insurance, training opportunities, and pension typically provided by well-established financial institutions may not be available in fintechs. However, early-stage fintechs offer employee stock options vested in over a period working with the startup and credits for learning the latest technologies online. The industry provides exposure to multiple areas in the financial sector due to the flexibility of different roles.

The financial industry has also been a hotbed of entrepreneurship. Several fintech companies have employees that have started their own companies in the same or other sectors. They leverage the work experience, visibility and networking opportunities with key players in the industry that a fintech career offers. It is also beneficial in seeking career progression.

There has been a rise in Fintech Associations and hubs around the world to bolster the fintech ecosystem and rally support for startups: 

  • Africa Fintech Network
  • African Women in FinTech & Payments (AWFP)
  • FDATA
  • MENA Fintech Association

Nigeria
Fintech Association of Nigeria

 

Global

  • Karim Jouini
  • Aretha Gonyora
  • Chilufya Mutale

Nigeria
Abddesalam Alaoui Smaili, Mitchell Elegbe, Sola Akinlade.

 

The Fintech Industry follows regulations by existing financial agencies that regulate banks.

Nigeria
Nigeria Inter-Bank Settlement System Plc (NIBSS), Central Bank of Nigeria (CBN)

 

Startups have been the most popular players in the fintech industry. However, software providers, financial institutions, mobile network operators and other technology companies provide software, networks and infrastructure nationally and globally to facilitate digital financial transactions.

They also offer core banking solutions for financial institutions and other ancillary service providers. These solutions include credit rating and identity management for Know Your Customer (KYC) services. 

Global Leaders
Paypal, Monzo, Capital One, MasterCard, Visa, The Lending Club, Worldremit, Mint, Ant Financial, Better Mortgage, Affirm, Stripe, Oscar, Coinbase, Square, Grab, Robinhood, SoFi, Xero, Klarna, Oracle, Infosys, Temenos, TransferWise, Adyen, Qidian, Lufax, Avant, LendingClub, Binance, Avant, Credit Karma, Lufax, Qudian.

South Africa
DPO Group, SnapScan, JUMO, Hellopaisa, EasyEquities, Sunexchange, PayU, Yoco, Pineapple, EasyEquities, Stitch, Nomanini, Adumo, Franc, GetBucks, Wealth Migrate, 10X investments, Lulalend, Mama Money, Prodigy Finance, TaxTim, Luno, Stash, PayFast, MFS Africa, Instaloan, Bright On, Retail Capital, Uprise Africa, 22Secen, Sygnia, Thundafund, StokFella, InvestSure, Centbee, Kryptoro, SAFCoin, Ovex, Artis Turra, Govchain, Finchatbot, Entersekt, and Ukheshe.

Other African Companies/Startups
Bitpesa, Safaricom MPESA, Mukuru, Carepay, PayPOS, and Deepera.ai.

Nigeria
Interswitch, Paystack (now part of Stripe), Flutterwave, PiggyVest, Branch, Carbon, Aella Credit, Opay, Paga, Lydia, OneFi, TeamApt, Mines, Quidax, Wealth.ng, Systemspec, Sparkle, Mono, Okra, Kuda bank, Inlaks, SureRemit, TeasyMobile, Paypad, Buycoin, Kudi, Tanjalo, Nairaex, Riby, Kolopay, Cowrywise, Amplified Payments, Voucher Pay, Voguepay. Kuda Bank, Bleyt, Fair Money, Kobocoin, Bankly, ChipperCash, Appzone, mKobo, Riby, Credpal, Onefi, Cassava SmartTech, mKono, Amplify, Kora, E-Tranzact, Terrapay, Cellulant, Mines, and Unified Payments.

 

    • Identity management: a challenge to banking the unbanked is meeting Know Your Customer (KYC) requirements which barely meet the standard of regulators. Some regulators have created bands/tiers which limit the transactions customers can make rather than shutting them out entirely. Some have created unique identification numbers that usable across financial services.

    • Last mile internet access: a significant population of Africans live in rural areas, surpassing more than half of the residents in some countries. Poor interconnectivity in these areas limits the use of digital banking applications. Nevertheless, fintechs have created alternative transaction channels such as USSD that does not require internet connectivity.

    • Institutional Barriers to Entry: fintech players in the financial sector struggle to get licenses and approvals to operate process payments or take deposits crucial to fintechs. Requirements for obtaining these licenses can be steep— required years of management experience may not be feasible for fintech founders or both. Fintech startups are navigating these barriers by partnering and leveraging on financial institutions with licenses and structures. 

    • Regulatory Uncertainty: The financial sector itself is highly regulated to protect consumers and stabilise the economy. However, fintechs are leading and embracing innovations at a speed that is making the regulator play catchup. The regulatory sandboxes introduced by the apex bank of several African countries; have facilitated the off-take of fintech startups. However, changing regulations have made it difficult for matured fintech companies to plan for the long term.

    • Internet Fraud/Cybersecurity: The meteoric rise of fintech has aggravated financial crime by bad actors who may take advantage of the technological loopholes. They deliberately exploit vulnerabilities and manipulating victims with social engineering techniques or both. Unfortunately, attempting to mitigate these can lead to cumbersome user experiences for most fintechs.

Podcasts:

  • Breaking Banks
  • Africa Fintech Rising Podcasts
  • Fintech Insider
  • Breaking Banks
  • Exchanges at Goldman Sachs


Books:

  • Breaking Banks: The Innovators, Rogues, and Strategists Rebooting Banking
  • The Age of Cryptocurrency by Paul Vigna and Michael Casey
  • The PayPal Wars: by Eric M. Jackson
  • Publications; Finextra and Pymnts,


Movies:

  • Silicon Valley (Series)
  • FinTech Made in Switzerland
  • The Hummingbird Project
  • Rogue Trader
  • The Social Network


Events:

  • African Fintech Foundry
  • Lagos Fintech Week
  • PayExpo
  • Africa FinTech Festival (AFF)
  • Digital Payments and the New Economy

See upcoming industry events

Higher Education

Overview of Higher education
Higher Education, also known as tertiary education, is the industry in the education sector which encompasses public and privately funded post-secondary institutions such as universities, polytechnics, colleges, training institutes, and vocational schools. These institutions consist of faculty and staff collectively involved in knowledge transfer and advancement through teaching, training, and research. They play a significant role in discovering and contributing to the body of knowledge; and thought leadership on societal issues. Higher Education is also known as tertiary is the industry in the education sector which encompasses public and privately funded post-secondary institutions such as universities, polytechnics, colleges, training institutes, and vocational schools.

It is the closest – of all the units of the education sector – to the industry. It is responsible for equipping a ready workforce for the labour market; higher institutions are often significant, and sometimes the largest, employers in their local communities. The job opportunities offered by the sector fall into Academia and Administration/Support. Academia is a top destination for graduates who are passionate about expanding the frontiers of knowledge in a field through research and are ready to support the academic development of students and other researchers.

It also encompasses service providers to higher institutions in consulting, student recruitment, learning technologies, career services and online learning providers. Also active in the industry service providers of knowledge, technology, and consulting services. Knowledge providers publish and make available educational resources for learning and disseminating research. Technology service providers develop education technologies for learning and digitising academic processes such as student enrolment and course management. Consulting activities are also a significant segment of the higher education industry, with higher institutions as suppliers and consumers of consulting services.

Higher Education is an industry open to graduates from all degrees, with a minimum of a 2:1 degree as a requirement for most academic positions. However, a post-graduate degree can be a supplement for those who finished with less than a 2:1 and want to pursue academic careers in higher education. Positions in academia include:

Graduate/Teaching Assistant, Teachers/Tutors, Lectureship, Professor, Research Fellow, Teaching fellow, Post-doctoral fellow

Administrative and supporting service positions in the industry include:

Academic Affairs, Library Services, Registry, Bursary, Student Affairs and Services, Laboratory and Research, Knowledge Exchange and Public Engagement, Development and Alumni Relations, Liaison and partnerships offices, Admissions and Enrollment, Student Services and Advising, , Career Services, Guidance and Counselling, Sports management, Publications, Grant and Research office.

Other careers in the industry are in consulting, knowledge management, corporate training, publishing, academia-industry linkage, information technology, and other areas in higher education.

The highest earners are professors and academicians with a doctorate in specialist areas such as biotech and nuclear engineering. For non-academic jobs, the highest paying jobs are in education consulting and student enrollment. There are also jobs in financial aids, academic advising, career services, alumni relations, fundraising and endowment management.

  1. Communication and persuasion: academic staff of higher education institutions must be good communicators to effectively teach, write, and deliver presentations to students and colleagues. The lack of this skill is the leading cause of students’ loss of interest in academic activities. All higher education stakeholders need communication and persuasion to work together in a complex system such as a university.
  2. Critical thinking and creativity
    Universities do not exist only to teach but also to contribute solutions to societal problems. Therefore, thinking of and carrying out research works to address specific issues in the community or nation requires strategic thinking ability and creatively building on extant literature by other scholars. 
  3. Continual learning, adaptation
    The higher education sector is dynamic. It is the bedrock for many technological advancements and societal change and, as such, cannot remain stagnant itself. Therefore, University employees must continually learn and develop themselves to stay abreast of changing curricula, new industry needs, and new knowledge/research trends.
  4. Analysis and problem-solving
    Teaching is a practical profession, and university teachers need to impart to students the ability to identify patterns and cause and effect relationships in real-world problems. 
  5. Professionalism and industry awareness
    In the higher education system, an impression is one of the most critical factors shaping teacher-student interaction. Therefore, university staff need to maintain boundaries in working with students and faculty members and keeping up with industry developments through on-the-job training, seminars, and productive collaboration with colleagues.
  6. Digital Skills
    Content development for interactive teaching and data science for research data analysis are basic digital skills needed to deliver interactive and elaborate education in higher educational institutions.
  7.  

For jobs in academia, the minimum requirement for most institutions is a Master’s degree in your field. It may not be required for first-class students in some institutions. Enrolment in a PhD programme is often expected. A post-doc and membership in research groups also provide a platform for a successful academic career.

For non-academic jobs, professional training and programmes in education administration and management exist. A Master of Education degree can also be paired with relevant work experience and training for specialisation in student affairs, academic advising, and residential life. Senior positions typically prefer candidates with both experience and a doctorate.

Their usual qualifications apply to people with broader accounting and information technology disciplines.

Though occasional research or teaching positions may open for top students with an undergraduate or MSc degree, a PhD (completed or in view) is a requirement for academic jobs in higher institutions. In addition to research work with a record of journal publications and presentations, a quality MSc and PhD programme can provide interest and readiness for teaching or other forms of institutional knowledge transfer. Furthermore, industry experience can be an advantage for entering institutions focusing on student employability and industry-applicable research.

A challenge in academia today is the fierce competition for lecturing and research positions due to the long-term careers of faculty members. It is becoming more difficult for young researchers to find roles in universities, especially where funding is limited. Another side of this challenge is that the brightest students may prefer to go directly into the industry for a more attractive salary. However, this industry experience can be advantageous in finding a place in academia. Most institutions publish their open positions on their websites. Open positions are available in specialist journals, research blogs and websites, and organisations that provide grants for institutions. Room is always made for excellence; building a solid working relationship and taking volunteer academic roles can help. It is also applicable for administrative and support positions on campus.

Higher institutions offer a unique working environment like no other. Most learning institutions are well-planned in structure and layout, located far away from the bustling life of cities. As a result, they have a relatively relaxed and intellectually stimulating environment to facilitate teaching and research work. Some institutions, especially universities, polytechnics, and Colleges of Education, offer their faculty members and administrative staff accommodation. 

The industry provides massive opportunities for work-life balance, diversity from accommodating faculty and students from all walks of life, equality and unending opportunities for career development as a hub of new knowledge. In addition, the job satisfaction level in the higher education sub-sector is relatively high for both men and women compared to other industries.

However, there is a need for academicians for continual relevance by staying abreast of developments through publications, workshops, conferences, and research. There can also be pressure to conduct quality research work with publishable and actionable results for replication. There is also a need to supervise student projects while guiding new researchers. Some positions are also tenure-based which would require external funding to remain open. Research fellows and professors might have to raise funds and grants to keep their work going.

Academicians are now commonly rewarded with their ability to attract top students and research grants to their institutions. However, academicians also have other opportunities to earn through consulting, speaking engagements and other forms of thought engagement. In addition, there are perks such as accommodation, the chance for long-term work, pension schemes, flexible working hours and opportunities to travel. 

Student/graduate outcomes have become a prominent metric of the impact of institutions. However, student success requires also meeting the needs of faculty and alumni. Higher education is currently undergoing a massive digital transformation. It has led to the digitisation of several processes – from student recruitment, enrolment, and delivery of career services to measuring graduate outcomes.

International: International Association of Universities, Association of African Universities

Nigeria
Academic Staff Union of Universities, Association of Nigerian University Professional Administrator, and Senior Staff Association of Nigerian Universities.

 

    • Dr Sherien Elagroudy 
    • Dr Marouane Kessentini
    • Professor Mamokgethi Phakeng
    •  

    Nigeria
    Patrick Awuah, Afe Babalola

     

International: UNESCO

Nigeria
Joint Admission Matriculation Board, National Universities Commission

 

As the higher institutions with the most extensive knowledge areas, universities dominate the higher education industry in student preference and employability. As a result, many polytechnics, which focus on STEM subjects, have converted to universities in several countries. However, the structures of colleges differ regionally. 

Global
Harvard University, Massachusetts Institute of Technology, Stanford, Oxford University, University of Vienna, University of Athens, University of London, University of Manchester, University of Gothenburg, Tsinghua University, Peking University, Fudan University, University of Toronto, York University, Université de Montréal, Sciences Po, HEC, ETH Zurich, ESIEE, Ecole Polytechnique, Rensselaer Polytechnic Institute, Hong Kong Polytechnic University, Cambridge University

Global Private Higher Education Providers
Laureate Education, Apollo Education Group, Inc, Adtalem global education, LCI Education network, Strategic Education Inc, Global University Systems,

Content and Technology Providers
Springer, Elsevier, Pearson, Emerald, Cengage, McGraw-Hill Education, MacMillan, John Wiley, Houghton Mifflin Company, Instructure and Blackboard.

African Organisations
Honoris United Universities, Ashesi University, African Development University, Pan-African University, Regenesys Business School, Université Catholique d’Afrique Centrale, KEDGE Business School, Management College of Southern Africa (MANCOSA).

Nigeria
Pan-Atlantic University, University of Ibadan, University of Ilorin, Obafemi Awolowo University, Covenant University, Bowen University, Nile University, Yaba College of Technology, Polytechnic Ibadan, Ahmadu Bello University, Obafemi Awolowo University, University of Nigeria, Federal University of Technology, Minna, Ladoke Akintola University of Nigeria, BABCOCK, Auchi Polytechnic, LASPOTECH, Federal Polytechnic Ede, Federal Polytechnic Nekede, Nigeria Defence Academy, Federal Polytechnic Nasarawa Admission, Federal Polytechnic Nasarawa, Delta State Polytechnic Institute of Management and Technology (IMT), Enugu, Nigeria Defence Academy, Aba Boys Technical College, Government Technical College. Yola, Government Technical College. Ikot Ada Idem.

 

    • A limited number of higher educational institutions:
      A limited number of higher education spaces cannot meet the demand. Many publicly-owned higher institutions have students who surpass the recommended faculty to students ratio. There is a need to widen access to higher education for students at an affordable price to include a broad range of people.
    • Obsolete curriculum and poor teaching:
      Need for a curriculum for preparing graduates with relevant skills for successful integration into the labour market. Universities in developing countries are known for drill-to-kill teaching methodology, imported techniques and solutions which are irrelevant in the local context. This creates discontent, confusion and a lack of interest in many students.
    • Inadequate funding of publicly owned higher institutions compared to their global counterparts:
      Public universities, especially in African countries, are usually at the receiving end of leaders syphoning educational funds. This is evident from the constant strikes resulting from unpaid salaries/benefits and the poor condition of learning facilities in many universities.
    • High cost of higher education in developing countries:
      Inflation which causes an increase in operating expenses makes university education unaffordable for many people in developing countries. In addition, private institutions which should increase the number of opportunities available to students are usually too expensive for the middle class.
    • The academia-industry gap:
      It results in inadequate research funding by the private sector, the inability of academia to commercialise research and not training graduates ready for the industry.
    • Incessant disruption of the academic calendar:
      The lack of proper funding and corruption in the educational sector, workers’ strike actions and students’ protests have led to the closure of government-owned higher institutions in some developing nations. Also, continuing academic activities is difficult or impossible during crises like a pandemic because the necessary facilities for online and distance learning have not been provided.

     

    • Digital Marketing to Boost Enrollment. Higher institutions promote their offerings to students, parents and guardians through digital marketing channels. Higher institutions can target individuals based on their online search patterns, social media profiles, student support applications, or data obtained through third-party providers. 

      Digital Delivery of Services. Higher institutions have portals for students and staff to have access to services. These portals may include those for course registration, result checking, hostel reservations, career support, and access to social services available in the institution. Some platforms also utilise data from student interaction with these portals to predict student disengagement for administrators to reduce student churn rates.

      Digital Tools to Support Research and Scholarship. Researchers in higher education are adopting digital tools to support data collection, manage data, and mine them for insights using algorithms that range from statistics to deep learning. Various tools also exist for managing the research publishing process, which provides a range of solutions that include tracking references, checking for plagiarism, and tracking the performance of publications. 

      Online Delivery of Knowledge and Assessments. Mobile devices and connectivity technologies have made learning anywhere possible. For example, students can access thousands of textbooks or journals on their phones, and professors can track students’ engagement and determine which students need more attention or help. In addition, COVID-19 has accelerated the adoption of proctoring tools to conduct exams for students from their homes, with remote supervision using machine learning algorithms to ensure integrity.

      Personalised and Adaptive Learning. With the increase in discussion on equity and inclusion in Higher educational institutions, many schools now implement adaptive learning platforms that use computer algorithms and artificial intelligence to deliver custom learning experiences based on an individual student’s needs. Examples of adaptive learning tools include smart sparrow, DreamBox and Knewton.

      Adoption of New Learning Technologies. Augmented reality apps are fast becoming great alternatives to teaching laboratories and classroom whiteboards. Students can access and learn to use equipment virtually and carry out practicals through simulations. This helps reduce cost since the purchase or replacement of equipment will not be necessary, and it ensures safety because students can have good practical experience without dissecting or harming anything or working with dangerous equipment. 

      Data Protection. Higher institutions deal with sensitive information such as personal records, research documentation, and intellectual property. This makes the Industry a target for ransomware attacks. As a result, institutions are investing in Identity and Access Management (IAM) solutions and training staff & students on security measures.

Books

  • So you want to be a Professor? P. Aarne Vesilind
  • Brilliant Academic Writing, Bill Kirton
  • The Innovative University: Changing the DNA of Higher Education from the Inside Out by Clayton Christensen
  • The Higher Education Management Handbook by Peter McCaffery
  • Leadership in Higher Education

Events
Several conferences are hosted in and on higher education each year, providing an opportunity to connect with other academics and higher education professionals. You can check the departments’ websites of your interest to see the event they organise and the conferences they partake in. Some of these include:

  • Association of African Universities (AAU) Workshops
  • Leadership in Higher Education Conference

Publications

  • University World News
  • Times Higher Education
  • Inside Higher Ed
  • The Chronicle of Higher Education
  • Education Dive

Podcasts

  • Future U (how current trends may affect the future of higher education)
  • Connect EDU Network (a network of podcasts covering a variety of diverse higher education topics)
  • Higher Ed Live (recorded live shows spanning admissions, marketing, advancement and student affairs)
  • Research in Action (and You Got This)
  • Teaching in Higher Ed

Movies

  • A Beautiful Mind
  • Good Will Hunting
  • The Great Debaters
  • Wit 
  • Higher Learning 

Impact of Covid-19
Higher Education has been one of the industries hugely impacted by the COVID-19 pandemic in many forms. The travel restrictions have made it difficult for international students to obtain visas. Local travel has also been affected. As a result, several higher institutions have shifted to online classes and assessments, which many institutions previously saw as a fallback to face to face interactions. Blended learning has also increased for higher institutions to comply with COVID-19 guidelines. Graduation and welcoming of new students have been held online. The pandemic is accelerating the pace of digital transformation in the higher education industry.

The pandemic has shifted the research focus of several academicians who are now working on finding solutions to the pandemic and measuring its impact. Although the job security of permanent university workers is intact – the temporary jobs created from students’ presence on campus have been disrupted.  

 

Insurance

Overview of the Insurance Industry
The Insurance industry is a cluster of companies, professionals and service providers who protect risk coverage for individuals and organisations. The two critical entities in any insurance contract are the insurer and the insured or policyholder. The insured pays an agreed-upon fee called premium as a commitment to receiving that coverage, provided the uncertainty occurs. 

The types of insurance include Life insurance which involves legacy planning and protection/coverage for loss of life. Health insurance covers the medical costs of falling sick. Property/casualty/accident insurance is for complete replacement or compensation for total loss or damage to valuables such as homes, offices, cars, machinery, warehouses, etc. 
Insurance company types are Life Insurers, Property/Casualty Insurers, and speciality insurances by risk type or industries such as aviation and marine. Insurance is also a type of savings. Reinsurance covers insurance companies. The players in the industry are insurance companies, reinsurers, insurance brokers, agents, and providers of services such as loss adjustment, motor assessment, risk managers, insurance investigation and survey and claim settlement.

The insurance industry is open to graduates with any degree as long as the class requirement of the insurance company is met. These roles are typically in marketing and sales, customer service, human resources, and other areas of operation. In addition, insurance companies often have their training programmes to immerse recruits into their processes as insurance companies and as players in the insurance industry.

Roles unique to the industry are actuaries, underwriters, and claim adjusters. Other roles are insurance brokers, risk surveyors, catastrophe modellers, loss adjusters, investigators and loss control specialists who inspect insured properties to minimise the risk of damage or loss. 

Actuaries calculate the probabilities of future events. Underwriters determine what risks are worth insuring, while claim adjusters determine how much policyholders deserve through a policy. 

Underwriters: Underwriters assess clients’ financial situations to determine the policies’ potential risks. Other primary duties include considering policy applications according to customers’ age, medical records and driving records.

Claim and Loss Adjusters: They examine damages to offices, cars and homes to determine how much an insurance company will financially cover. Their primary duties include:

  • Interviewing claimants and witnesses.
  • Gathering police reports.
  • Preparing claims reports and presenting customers with the amount of money they will be covered.

Investigator: They carefully analyse customers’ insurance claims to ensure they’re valid, free from fraud and related to the reported liability, property damage, worker compensation or bodily injury incident. Other key responsibilities include reviewing police and hospital records, assessing personal information and conducting background checks of all involved.

Catastrophe Modeller: Catastrophe modellers assess and forecast the risk of damage from many types of catastrophic occurrences. In this position, you use computer systems to evaluate the level of risk associated with insuring consumers in specific areas.

According to an estimate based on annual salary at the middle level by indeed.com editorial team and ziprecruiters.com, the highest paying jobs in the insurance industry include:

  • Actuary
  • Insurance Broker
  • Underwriter
  • Claims Clerk
  • Claims Investigator
  • Loan Processor
  • Insurance Adjuster
  • Insurance Agent
  • Loss Control Consultant
  • Risk Manager
    1. Communication and Persuasion: It is a competitive industry with low adoption; you need to be able to convince clients. Working in the insurance industry means you are the expert; your clients and customers are significantly less knowledgeable about the subject. To get vital information through in a clear, jargon-free manner, you’ll need to be a powerful communicator.
    2. Continual Learning and Adaptation: Understanding new risk sources, changing customer behaviour and disruption to the industry. You’ll encounter difficulties that require a creative solution in any insurance profession. For example, as a broker, you may be asked to obtain coverage for a client with unique insurance requirements. As an actuary, you will be required to calculate a new and unknown risk.
    3. Networking and Teamwork: To connect with prospects and turn them into clients. You’ll be negotiating with clients or on their behalf as a broker, claims manager, loss adjuster, or underwriter, and giving good customer service is critical to your success. While actuaries have less direct interaction with customers, these abilities will help you engage with your peers.
    4. Numeracy and Financial literacy: Managing premium and calculating rates. Some insurance positions require higher mathematical skills than others. Actuaries use statistics and computer modelling, whereas claims handlers only need a basic understanding of numbers.
    5. Professionalism and Industry Awareness: View problems from a perspective to see what your firm needs to be lucrative and successful and serve its customers if you have industrial awareness. You will be interfacing with high-level decision-makers in business and HNIs in developing markets.
    6. Digital skills; data science, analytics, visualisation: Insurers have a specific need for new capabilities in automation, artificial intelligence, and the Internet of Things, which are paving the way for one-click insurance policy purchases near-instantaneous claims settlement, and risk mitigation. Furthermore, data scientists are needed to improve predictive analytics for claims probability, create client risk profiles, and underpin underwriting and pricing models.

You do not need a degree in insurance or finance to work in the industry. However, a first or second degree in the field can provide a competitive advantage for specialisation, especially in the technical areas of the industry. These degrees include Insurance studies, Actuarial science, Accounting and Insurance, Finance and Insurance, Risk Management, Financial and Insurance Mathematics, and Financial Engineering.

Industry bodies and National Chartered Insurance Institutes offer several certificate programmes and diplomas in insurance. In addition, numerous training also exists for specialised fields such as brokerage, underwriting and risk modelling.

The easiest path to entering the insurance industry is becoming an insurance agent. It is usually a commission-based job and provides sales experience in the insurance industry. In addition, several insurance companies offer graduate trainee programmes and internship opportunities. 

Relationships and trust are the most valuable commodity in developing markets where business insurance is more common. Working with an insurance brokerage provides a vast opportunity to build relationships across insurance service providers. In addition, post-graduate degrees and professional education can give a leeway into roles such as actuary science and loss adjustment. Some insurance brokerage firms also consistently have openings. Still, the elite firms in developed markets may require graduates with experience working in the industry.

Insurance companies have become more open to InsurTech solutions. These solutions provide advisory, comparison, matching for consumers, and automated claims filing while giving new risk modelling approaches for insurance firms.

Finally, when interviewing for an insurance position, one must demonstrate that they possess the necessary abilities and experience to be a suitable fit for the job. For example, employers looking to fill insurance agent positions want someone committed to finding new customers. They are also seeking someone who knows how to provide excellent customer service.

Though not seen as a glamorous industry, it offers stability and is slightly recession-proof in several developed countries. There is currently a generational shift in the industry that has struggled to attract young professionals in the past. It is a significant employer of marketing and mid-career professionals. In Countries with low insurance penetration, there is a need for massive citizen education.

In developing countries, many entry-level roles in the industry are in sales. Remuneration based on commission exclusively or in addition to a basic salary is typical in the industry. The crown jewel jobs are the actuaries and underwriters, requiring unique skills and getting high compensation. Due to the need for growth in several emerging economies, experience counts, and persuasion and skills provide a competitive advantage for entry and ascending to the industry’s top.

It accommodates professionals from a broad range of backgrounds. It supports continual learning with several training programmes while also providing opportunities for specialisation. Insurance professionals lead insurance brokerage companies and service providers with significant years of experience and extensive relationships in the industry. They also have a lesser barrier to entry than underwriting companies that require a higher capital base to start.

Employers in the industry rarely rank as one of the highest paying, but bonuses based on performance are standard. The industry is very bureaucratic due to its strict compliance with processes. It requires extensive documentation, typically from assessing risk and onboarding customers while complying with registration requirements. However, it is also undergoing a digital transformation. As a result, it requires being active both in the office and field.

As a growing industry in many developing countries, several opportunities exist. One of such is opening an insurance agency. Several insurance companies also offer franchises. Startups in the industry help customers compare insurance policies to get the best rates, widen access to insurance services, and improve the efficiency of insurance processes.

International:
International Federation of Loss Adjusters
International Association of Insurance Supervisors (IAIS)
Global Federation of Insurance Associations
International Insurance Society

Ghana
Ghana Insurers Association, Ghana Insurance Brokers Association of Ghana, Pension Fund Managers, Social Security and National Insurance Trust, Pensions Fund Custodians

 

  • International
    Henry Mascot, Curacel

    Ghana
    Beatrice Amponsah, Emmanuel Mokobi Aryee, Patience Akyianu, Gifty Ama Fiagbe, Jacqueline Benyi, Andrew Achampong-Kyei

     

International:
The Africa Risk Capacity (ARC)
Research for more if available

Ghana
National Insurance Commission, Ministry of Finance, National Pensions and Regulatory Authority

 

 

The US, Europe and China are home to the largest insurance companies in the world.

Insurers: AIG, Allianz, Axa, Prudential, Aviva, Zurich Insurance, State Farm, United Health, Nippon Life, Munich Re, Humana, Liberty Mutual, Ping An China, People’s Insurance Group China, Aetna

Brokers: Marsh&McLenan, Aon, Willis Towers, Arthur J. Gallagher, Brown & Brown, Hun International, Trust Insurance Holdings, Lockton Cos, USI Insurance Services. Acrisure

Reinsurers: Swiss Re, Munich Reinsurance, Llyod’s Hannover Ruck, China Reinsurance, Reinsurance Group America, Partner Re, Axis Capital

Startups: BIMA, Quantemplate, Slice, Trov, Neos, Shift Technology, Lemonade, Oscar Health, Acko, Zhong An, ASSURANCE, Zego, Flock, Flood Flash, INSHUR, Clark, Zeguro, Bought by Many, Otonnova.

African Companies/Startups
South Africa is the home to the largest insurance companies on the continent, followed by North Africa.

Insurers: Old Mutual, Sanlam, African Life, New Africa, Metropolitan Life, discovery Health, South African Eagle, Axa Assurance, Maroc, Société Centrale de Réassurance, Wafa, misr, Libya Insurance, CNIA, Societe Tunisienne STAR, Liberty Holdings, CNIA, Societe Nationale d’Assurance and African Re. 

Brokers: GIB Africa Alliance, united African Insurance Brokers, OL Insurance Solutions, Africa Insurance Brokers, AfInBro, Arena Africa Insurance Brokers, Boof Africa, ARIS, B-Sure, Stanbic IBTC Insurance Brokers, Eagle Africa, Skylard Africa

Startups: Click2Sure, Naked, Simply, Bismart, AutoGenius, Bluewave, wiCover, Kakbima, Pineapple, Lumkani, Valu, Turaco

Reinsurers: Africa re, Munich re, Swiss Re Africa, African Reinsurance Corporation, ContrenialRe, WAICA Re, Hannover Re, RGA Re, General Reinsurance Africa, GIC Re, Africa Retakaful, Tropical Re

Ghana
StarLife Assurance Company Ltd, First Insurance, Exceed Life Assurance, GH Life Assurance, Enterprise Insurance Company, Hollard Insurance, State Insurance Company, Saham Insurance, Activa Insurance Company, Allianz Insurance Company, Metropolitan Life Insurance Ghana Limited, Nationwide Medical Insurance, Priority Insurance company, Milife Insurance, African Life Insurance, Old Mutual Assurance, Glico Insurance, Prudential Life Insurance Ghana, Quality Life Assurance, Donewell Life Insurance, Ghana Union Assurance Life, Vanguard Life Assurance, Phoenix Life Assurance, Saham Life Insurance Ghana, Ghana Life Insurance, Exceed Life Assurance, Prime Insurance, Millennium Insurance, Sunu Assurance, Insureity Digital.

 

    • Low penetration of insurance: reasons include religiosity and low per capita income.
      According to a 2020 McKinsey report, the African insurance industry is still in its infancy, and premiums are out of reach for many people. This may be due to high illiteracy and religiosity/external locus of control. As a result, people attribute life outcomes to external forces or beings beyond their control and low per capita income. 

      Inadequate awareness and consumer education
      The insurance culture in Nigeria is deficient. It may not be unconnected to the lack of knowledge about life insurance products. Many educated Nigerians still do not see a reason for insurance. Therefore, there is an urgent need for insurance companies to renew their marketing communication strategy.

       

      Negative consumer sentiment and lack of trust
      Insurance companies in developing countries battle with financial challenges, profitability, and poor management, which fail to pay up claims and relevant benefits. Sometimes from experience, people are afraid that an insurance firm will fold up or go bankrupt, making them lose their investment.

      Highly fragmented market with lacking product differentiation
      The rise of too many insurance firms in the market leads to intense competition, demanding that each company look for a unique selling proposition or target a particular market segment. Old insurance companies have gained trust while new firms struggle to make an impression, especially with nothing new to offer.

      Lack of tailored products to local needs
      Foreign insurance firms seek to penetrate the developing markets with offerings that are not necessarily suitable to the local needs. For example, rural regions of Africa will benefit significantly from index insurance and microinsurance products than from traditional offerings.

      Low capacity building and inability to attract young talents
      According to the ILO’s impact insurance facility, insurers and distributors in developing nations struggle to offer viable insurance products valuable to consumers. It means that the knowledge of insurance practice is yet to be organised into a formal program. Hence, the unavailability or inadequacy of training.

       Lack of Specialised and skilled workforce
      The prevailing belief in developing countries is that any knowledge of money management can substitute specialised training when looking for insurance professionals. As a result, less professional and less efficient teams run many insurance companies.

Similar to FinTech in the broader financial sector, InsurTech refers to the technological innovations in the insurance industry. More than $10 billion has been raised in less than ten years by InsurTech companies. Digitisation areas include:

  • On-demand access to insurance services with pay-as-you-go options
    Self-service tools in insurance purchase, premiums payment and claims filing. Use of chatbots. Thanks to digital transformation, insurers are given the tools they need to provide outstanding service without overextending their resources. For example, customers can use an app to pay bills, see policies, and file claims. At the same time, brokers can receive and handle all information through one system.
  • Personalised insurance services based on behavioural models and connected/wearable devices. Assumptions regarding how data, behavioural tracking, and innovation evaluate risk at a dynamic, individual level. Insurers are utilising connected, telematic, and self-tracking technologies to modify behaviour in the direction of maximum profitability (McFall et al., 2020).
  • Automated advisory services based on advanced analytics and AI
    Financial institutions will soon become technology companies by integrating their services into online, interactive, and automated platforms. One such innovation is the automated advisory system (Robo-advisor) which can add flavour to existing customer service channels.
  • Telematics in care insurance
    Telematics-based health insurance allows insurers to predict who would use the most expensive health care. Wearables like FitBit, Jawbone, and Apple’s iWatch capture precise information about people’s activity levels and heart rates, which powers these algorithms. Like the Withings Wireless Blood Pressure Monitor, simple smartphone-compatible gadgets can provide more detailed personal information.
  • Gamification for the insured to promote loss-reducing habits
    Life insurance may result in long-term change as well as increased engagement. People are usually unmotivated to purchase life insurance because the rewards appear far away and intangible. According to a Deloitte study, 31% of life insurance consumers allow their policies to lapse, which could be because insurers are failing to engage customers on an ongoing basis. Gamified life insurance products could lead to lasting change while becoming more engaging and attractive to consumers.
  • Blockchain for transaction records. Every industry needs to keep up with the market’s dynamic nature in trends and technology. Insurance companies must adapt to modern technologies like AI and blockchain to avoid disruption. Blockchain technology ensures transparency since transactions and payments will be verified by several participants, hence creating trust in clients.

Movies: 
The Rainmaker, 
John Q, 
The Thomas Crown Affair, 
Killer Joe, 
Along Came Polly, 
Llyod’s of London, 
The Truman Show, 
Death of a Salesman, 
Double Indemnity

Podcasts:
Business of Insurance, 
Insurance Tomorrow, 
The Voice of Insurance, 
InsurTech Podcast

Events:
African Insurance Organization (AIO) Conference.
Insurance Professionals Forum by CIIN.
Annual General Assembly and National Insurance Conference by CIIN 
Reuter Future of Insurance events

Publications: 
Propertycasualty360.com, 
Insurance Age Magazine, 
Continuity, 
Insurance and Risk Magazine, 
Risk and Insurance Magazine, 
Modern Insurance, 
Insurance for Dummies, 
Inside the Insurance Industry, 
Analytics for Insurance

 

Marketing Communications & Advertising

Overview of the Marketing Communication & Advertising Industry
Marketing communications and advertising professionals and firms support organisations by creating, implementing, and sustaining marketing strategies. These professionals and specialised firms work as consultants that organisations of any size and in any industry can hire to improve their marketing efforts. Marketing firms create and execute marketing strategies for clients. They start with marketing research to create a marketing plan, followed by demographic analysis to create a complete ideal audience or customer profile and a marketing strategy.

Firms in the Marketing, Communications and Advertising industry use a combination of channels and tools to help their clients communicate with the desired market for brand awareness, sales, advertising, or promotion. Activities of companies in the Marketing, Communication and Advertising Industry include: planning promotional campaigns, budgeting, creating marketing plans, contract negotiation, website analysis, market research, pricing strategy development, promotional and informational writing, managing media relations, fundraising, and reputation management.

Marketing communications include careers in marketing, advertising, social media, sales, event planning, market research and web content creation fields. Demand for marketing professionals has risen in recent years. There are various types of marketing firms, and each kind specialises in different marketing strategies, customer demographics, industries, and business sizes:

  • Marketing consultancy: Marketing consultancies audit marketing plans and offer suggestions. Consulting agencies do not usually implement a marketing plan. Instead, they analyse and create new strategies, such as launching a new product or capturing a new potential market.

  • Direct marketing: Direct marketing companies help clients plan and manage direct mail campaigns. They often provide mailing lists that match the target market and design and write direct mail items. Direct marketing companies also mail out products on behalf of companies. Furthermore, they measure and analyse consumer response to a campaign.

  • Telemarketing: Telemarketing companies provide telephone-based marketing services. They act as a call centre for businesses. Many firms have switched from land-line calls to smartphone calls or text pitches.

  • Digital marketing: Digital marketing companies help businesses use the internet, email or social media in their marketing mix. These firms advise on social media usage, improving the website’s search engine optimisation, and launching e-commerce services. And in addition, implementing email marketing strategies to communicate more effectively with customers and leads.

  • Marketing communications: Marketing communications experts assist with communications materials such as brochures, product guides, newsletters, and customer magazines. They provide writing, design, and production services and a strategy for how best to reach your target audience for upcoming events or new product launches.

Having a degree is not a must to have before working in this industry. However, earning a degree certainly makes it easier to break into the field and comes with many benefits for job seekers. These are middle management roles that require lots of qualifications and experience. However, taking entry-level jobs in the Marketing Communications and Advertising Industry gives an individual the opportunity to learn, improve creativity, and gain experience to move up the career ladder. 

Here is a list of career opportunities in this industry:
Promotions Coordinator, Social Media Manager, Marketing Communications associate, Public relations assistant, Advertising specialist, Event planner, Market research analyst, Social media strategist, Advertising consultant, Marketing campaign manager, Media buyer, Marketing Communications manager, Web Developer, SEO Specialist, Content writer/Copy Writer, Community Manager, Social media manager

Highest paying jobs
SEO specialist, Web Developer, Public Relation Manager, Account Manager , Content and Digital Marketing Manager, Brand Manager, Content Marketer , Product Marketing Manager, Data Analyst 

    • Communication and Persuasion.
      Successful marketing communications demand a clear message directed to a target audience, using the appropriate tone. While this requires a firm grasp of industry terms, it doesn’t mean sentences should be overwhelmed with jargon. Instead, the ability to phrase concepts simply can demonstrate a comprehensive understanding of complex topics.

    • Continual Learning and Adaptation
      Working in this industry today requires you to be committed to continuous learning and adaptation to new innovative ways of doing things. You must be able to learn and keep up with new ways of doing things as the traditional means of marketing and advertising is changing radically due to digital innovations. Being committed to learning and adapting to recent technological and technical trends in this industry will keep you long and relevant in your career.

    • Creative and Critical Thinking
      Marketing is more than conveying a message to an audience. It requires an understanding of why and how something is working. So people are overburdened with communication that you must think creatively and critically about how your message will stand out.
    • Analysis and Problem-Solving
      Having analysis and problem-solving skills is essential in this sector. You should handle statistics and be able to translate your analytics into insights to improve your marketing strategically. In addition, having problem-solving skills will help you in this fast-paced industry as you work with team members on projects, and you should be able to proffer solutions as a team player.

    Digital Skills
    Several industries undergo digitalisation as the digital world evolves, and this industry is no different. Thus your expertise must develop as well. There are now more channels, marketing communications, and advertising instruments to pick from.You should pursue knowledge in content creation/development, digital marketing/advertising, data analytics, and so on, as these will help you stay relevant in the future.

BSc in: Advertising and Marketing, Digital Marketing and Social Media, Mass Communication, Broadcasting, Business Communication, Electronic and Digital Media Communication, Journalism, Public Relations, B.A. (Hons) Business Management (Marketing), B.A. in Integrated Marketing and Communications, B.A. marketing communication and public relation, B.A. Advertising and public relation, B.A. Creative Brand Communication.

MSc in: Digital Marketing, Cross-media marketing communication, Marketing and Communication, Marketing Communication Management, Data Marketing Communication, Strategic Marketing Communication, Neuromarketing, Master of Art in Creative Advertising, Master of Art in Design specialising in Advertising, Advertising and Public Relation, PR & Advertising in International Communications, Mass Communication, Advertising and Journalism, Integrated Marketing Communication, Masters in Design and Advertising.

Certifications
Professional Certificate in Communication and Digital Marketing, Professional Certified Marketer (PCM), Certified Social Marketing Associate (CSMA), Online Marketing Certified Professional (OMCP), Certified Internet Marketer (CIM), Google Ads Certification, HubSpot Content Marketing Certification, HubSpot Inbound Marketing Certification, SEMrush SEO Toolkit Course.

Working as an intern or volunteering in companies in this industry will be advantageous in getting a full-time job. In addition, an internship or volunteering will help you gain practical knowledge and broaden your exposure to how things work in this industry.

As an individual with some digital skills, having your portfolio of work will help you get jobs with firms in this industry. Your portfolio, which shows the projects you’ve worked on and the success of those projects, will allow recruiters to know your expertise which will boost your chances of getting hired.

Companies in this industry often recruit based on skillset and needs, and they sort to recruit experts with those skillsets. Also, marketing communication and advertising firms post jobs on their social media page. So you can get updates from their page.

Lastly, while you wait for that dream job in this industry, you can build your portfolio by creating content on social media platforms. For example, suppose you’re a content creator/writer, copywriter, SEO writer, journalist, etc. In that case, you can use several social media platforms to showcase your skills which may get you a job/gig in the long run.

Marketing Communication and advertising industry careers are fast-paced and highly creative. Regardless of your specific job title, it typically revolves around researching, planning, creating content, and creating advertisements or marketing campaigns. In addition, working with strict deadlines is typical in the industry.

The work environment in this industry is creative centric; it’s a creative space; hence, it is not too rigid. Working hours sometimes vary across companies in this firm, some workers work in shifts, and some might work from morning to evening. 

As a result of the covid 19 pandemic, several firms adopted the Work-from-Home model, and some still maintain this after the covid 19 lockdown. However, some firms since then have resolved to have their workers work remotely and on-site base on some specific days.

Some marketing communication and advertising firm offer health insurance, a bonus on signing/bringing new clients, vacations, etc.

International
The International Advertising Association (IAA) 
The Institute of Practitioners in Advertising

Nigeria
National Institute of Marketing of Nigeria, Advertisers Association of Nigeria, Advertising Practitioners Council of Nigeria (APCON) , Association of Advertising Agencies of Nigeria, The Advertisers Association of Nigeria – ADVAN

 

 

Nigeria
Biodun Shobanjo, Steve Babaeko, Esosa Osagiede, Emeka Oparah, Folake Ani Mumuney

 

International:
Federal Trade Commission
Federal Communications Commission
E.U.: European Advertising Standards Alliance

Nigeria
National Broadcasting Commission – NBC, Advertising Practitioners Council of Nigeria (APCON).

 

Global
Dentsu, Freeman, Burson-Marsteller, Accenture Interactive, PwC Digital Services, IBM iX, Deloitte Digital, Dentist (Japan), Epsilon Irving, Ogilvy, Bluefish Communication Group, BBDO, Doyle Dane Bernbach (DDB), McCann, Publicis Worldwide, Mindshare, OMD Worldwide, Mediacom, J. Walter Thompson (JWT), Carat, Leo Burnett, Young & Rubicam, Wunderman, Xaxis, Starcom, Acxiom, Cheil Worldwide, Edelman, Grey, DigitasLBi, Weber Shandwick, RAPP, Foote Cone & Belding (FCB), PHD, Isobar, The Engine Group, Proximity, SapientRazorfish, Havas, TBWA Worldwide, The Brandon Agency.

Startups
GKV, KHJ Brand Activation, Killian Branding, Sensis, Kiosk, Bareface, Rocket10, Citizen group, Deksia, Duncan Channon, Interplanetary, RMX Creative, Bob’s Your Uncle, Point Visible, Metrilo, Whatagraph, Inspire.me.

Nigeria
InsightPublicis, X3M Ideas, 7even Interactive, Mediatransit Bus Advertising, Smartsites, Hotspex Media, Local SEO Search, Nelson Reid’s, Cybertrons Ads, Firstcam Creative Studios, Super Stars Promotions Limited, Brand Envoy Africa, Primegate Digital, Relate Media, IKONERX, Algorithm Media, Octopus Marketing, Bloom Digital Media, Ponterby Media, Funzitech Solutions, Intarel Resources, Textng Communications, Algorithm media, iDigital Space, Vocado, Abbakin Glova Solutions Ltd, Techinnover Analytics Limited, Wow Effect Communication, Big Field Digital, Ziza Digitals, Interactive CT.

Startups
Soundclaz, Meckanzy, TAGET Media, Pandora Agency Limited, Cifwep Creative Digital Agency, TOY Media

 

    • Tracking Return on Investments
      When multiple identifiers are involved, marketing agencies need to know who receives messages and whether their targeting is working as planned. This is necessary to ensure the usefulness of metrics gathered from campaigns.

      Addressing Privacy Concerns
      Marketers need to uphold privacy standards while still using data to enhance their marketing and customers’ experiences. Therefore, there is a need to adhere to data collection and management standards.

      Increased competition
      The average individual receives hundreds of marketing messages every day, offline and online. Therefore, there is a need to be more creative to stand out and engage.

      Mapping Customers Journey
      Customers today have so many options of where they can buy both online and offline. Unfortunately, this makes tracking more challenging when they make purchase decisions. As a result, unifying prospect and customer data across all platforms is essential.

      Increased competition
      The average individual receives hundreds of marketing messages every day, offline and online. Therefore, there is a need to be more creative to stand out and engage.

      The virality of Social Media
      Negative feedback or reaction to an organisation, its brands or product can quickly go viral on social media. As a result, brands are adopting social media listening tools to analyse customer sentiments and respond to them before they are escalated.

      Internationalisation
      Global brands have to reach an international audience and contextualise their messages to be relevant to the cultural contexts abroad. Consequently, brands may also localise offerings for these contexts.

      Shortage of Talents

      There is little barrier to entering the industry. However, there is a shortage of skilled workers who have an experience in traditional advertising, psychology and business and can use a stack of digital tools available today.

Publications
Journal of Marketing Communications
Advertising Age
Adweek
Brandweek
Marketing Edge
ReBrand
CRM Magazine
Campaign Street
Catalog Success
Inside Direct Mail

Events
Social Media Week
Marketing Analytics Summit
LeadsCon’s Connect to Convert
Adobe DITAWORLD 2022
National Marketing Stakeholders Summit
Festival of Marketing
Conversion Conference
MozCon
DigiMarCon West
Digital Summit Series
Strategic Marketing USA
Programmatic Pioneers Summit
Confab Central
Content Marketing World
PRNews Media Relations Conference
B2B Marketing

Movies
Wag the Dog (1997)
Thank You for Smoking (2005)
The Joneses (2009)
99 Francs (2007)
The Ides of March (2011)
Smoking Room (2002)
The Queen (2006)
Frost/Nixon (2008)

Podcast
AdExchanger Talks
Wax Lyrical: The Marketing and Advertising Podcast
The A-List Podcast
The Adcast
Blood, Sweat & CPMs
Business of Social
Advertising Not a Funny Business
The Art of Online Business
Advertising Stories
The Glint Standard
Influence by We Transfer
Ad hatter

Books
Ogilvy on Advertising
The Tipping Point by Malcolm Gladwell
My Life in Advertising and Scientific Advertising by Claude Hopkins
ReWork by Jason Fried and David H. Hansson
Zag by Marty Neumeier
Presentation Zen by Garr Reynolds
Hey, Whipple, Squeeze This: A Guide to Creating Great Ads
Positioning: The Battle for Your Mind by Ries & Trout
Built to Last: Successful Habits of Visionary Companies
Linchpin: Are You Indispensable? by Seth Godin
Engage: The Complete Guide for Brands and Businesses to Succeed by Brian Solis

Oil & Gas

Overview of the Oil & Gas Industry

The industry consists of professionals and companies in exploration, production, transportation, processing, marketing, and sales of petrol, gasoline and products such as kerosene, lubricants, jelly etc., developed from extracts of mineral deposits of hydrocarbons. The Oil & Gas industry has, over the last century, emerged as one of the global primary energy sources and a vital driver of the global economy. However, there are many uncertainties about what the next century holds as the world embraces clean energy. 

 

The industry’s operations are in three segments, which are the:

  • upstream: the business of oil and gas exploration and production
  • midstream: transportation and storage; and
  • downstream, which includes refining, marketing and retailing.

Exploration and production (E&P) companies search for crude oil and natural gas mineral deposits. They find reservoirs to drill oil and gas wells by working with drilling service providers. Well-servicing companies undertake the construction and maintenance of rigs and well sites. 

The midstream companies (maritime logistics service providers) with vessels transport the unprocessed oil and gas to refineries for downstream companies to refine and market. Some companies specialise in one segment of the oil and gas industry; others operate across the entire value chain from oil production to retailing.

 Though petrol/gasoline serves as fuels for vehicles and natural gas as fuel for power plants, they are the most prominent products of the industry. In addition, other petroleum-based products such as petroleum jelly, plastics and insecticides are also used in sectors such as healthcare, beauty and manufacturing.

Science & Technology and Design and Engineering professionals are on the industry’s frontline. The following roles are unique to the industry:

Drilling engineer, Energy engineer, Engineering Geologist, Geochemist, Geoscientist, Hydrographic surveyor, Mining engineer, Mudlogger, Petroleum engineer, Wellsite geologist, Safety Managers, Mining engineer, Pipeline Design Engineer, Petrochemical engineer, Pipeline Design Engineer, Reservoir engineers, Petroleum geologists, Subsea Engineers, Subsurface and Completions Engineers, Pipeline and Piping Engineers, Offshore Maintenance Technician.

 The Oil and Gas industry also has career opportunities for graduates in Marketing & Sales, Administration & Management, Design, Finance, Talent Management, Information Technology, Media & Communications, Advocacy & Development, and Legal services. 

The oil and gas industry is one of the highest paying industries in the world and number one in several oil-dependent Nations such as Nigeria, Libya and Angola. Top paying jobs in the sector are project management, drilling supervision, construction management, reservoir engineering, drilling engineering, production engineering, geophysics, and safety management.

  • Planning & Organisation: project management is one of the most advantageous skill sets and experience in the industry.
    An oil site planner must organise drilling and other activities to ensure maximum return on investment with minimised expenses, ensure the transparency of all activities, and comply with regulations.

    Teamwork: for working with other technical and non-technical personnel.
    Due to the complex work environment in oil and gas fields, professionals ranging from geoscientists, engineers, health and safety officers, and unskilled labourers must cooperate and communicate to ensure safety and effective risk management. In addition, operations on and off oilfields are usually integrated and dependent on one another. Therefore, failure to communicate or complete a process can negatively impact other processes.

    https://coloredbrain.com/oil-and-gas-teams/

    Analysis & Problem-Solving: for analysing and providing technical issues.
    Companies in the oil and gas sector have to overcome many challenges posed by changing weather and uncertainty in regulations. Therefore, professionals like geoscientists, environmentalists and engineers must possess analytical skills to weigh evidence, predict future outcomes and advise management on the best course of action.

    Professionalism & Industry Awareness: The oil and gas industry is conservative and highly regulated yet undergoing rapid changes. 
    Professionals need to stay abreast of industry trends, especially in digitisation. Oil and gas professionals work in environments where the ability to handle pressure is essential. This can be achieved through good time management practices, multitasking, self-appraisal, and feedback.

    .

    Digital Skills: Data Science for analysing big data from machinery and facilities, Machine Learning for predictive modelling, Modelling and Simulation in the design of pipelines.

A degree in a STEM or engineering course such as chemical engineering, mechanical, electrical or petroleum engineering provides a direct pathway to technical roles in the industry. A first degree in environmental studies is also a good fit for roles in sustainability; it is now gaining traction across the energy sector.

A high level of caution is required in both onshore and offshore facilities. Project Management, with a focus on engineering projects, is another training and certification that is highly rewarding. So do training and certifications in health, safety and environment. 

There are also postgraduate programmes closely related to the Oil and Gas industry. Some of these are in Energy Management, Petroleum Engineering, offshore management and management, and policy and engineering in the oil and gas industry. A postgraduate degree provides an advantage for working with international energy agencies and advancing to senior roles in the oil and gas companies.

Graduates from other fields of study can work in non-technical positions in Marketing & Sales, Administration & Management, Design, Finance, Talent Management, Information Technology, Media & Communications, Advocacy & Development, and Legal services. 

Since it is one of the most financially rewarding industries, it is a very competitive industry to break in. Yet, there is a significant shortage of skills in the industry. There are quite a several skill sets required to enter this field.

Multinationals and large indigenous companies provide opportunities for graduates in various roles. For example, companies such as Chevron and Shell have graduate programmes which make it possible to choose from technical, commercial and corporate positions. Typically required is at least a 2:1 in a relevant subject at a recognised university to gain entry to a scheme. Due to the number of applications received for these programmes, most companies conduct an online psychometric test for a first selection. For successful candidates, this is typically followed by aptitude tests and several rounds of interviews to select successful candidates. In addition, having a second degree in an oil and gas-related course provides an advantage in some roles and working with international agencies in the industry.

Despite a high level of contracting by large oil companies to smaller service providers – career opportunities offered by these smaller companies are often ignored. They have a lesser barrier to entry and provide a platform to gain experience. Several of these smaller servicing companies offer internship opportunities for graduates. Graduates are provided exposure to the realities of the industry for graduates to hone their skills and be prepared as experienced hires in top companies.

Starting a business in the oil and gas industry is capital intensive, requires technical expertise and requires an extensive network of contacts. In addition, the world’s shifting attention to cleaner energy sources has made the sector less attractive to startup entrepreneurs.

The image of the oil and gas industry that often comes to many is that of engineers wearing helmets working with heavy machinery on an oil rig or refinery. However, there are numerous career opportunities in the industry bound to laboratories and offices. Two key important work areas in oil production are onshore and offshore. Offshore encompasses all activities of the drilling site located on dry land and is estimated to be around 70% of the global total oil production. Onshore activities take place in ocean waters.

 Working on an oil rig requires working for extended periods, 12-hour shifts for maybe up to two to six weeks of work and a break of almost the same period. That means working for only half of the year. The oil and gas industry is one of the best-paying industries in several developing countries, including the big producers in Africa. The sector provides many opportunities to grow; experience is highly rewarded.

 The industry also provides training and development opportunities; they use up-to-date state-of-the-art technologies. There is a shortage of skilled workers in areas such as design and engineering. The industry rewards professionals that are quick to adopt the latest advancements and can provide hands-on solutions to challenges. Skilled workers also have opportunities for career mobility across the world. Production roles are still currently dominated by men; rough working conditions, long working hours, remote work and shift schedules. Several roles in science in the industry provide immense opportunities for women.

 The high investment in infrastructure in the industry complements investment in human capital. Employers provide excellent training to ensure talent retention. Available are perks such as bonus schemes, pension plans, health insurance, childcare support and travel opportunities.

 

International
World Petroleum Council
International Association of Oil & Gas Producers 
Society of Petroleum Engineers (SPE) 
International Petroleum Industry Environmental Conservation Association (IPIECA)

 

Nigeria
Nigerian Association of Petroleum Explorationists (NAPE)
PETAN (Petroleum Technology Association of Nigeria)

 

  • International

    • Joan Njeri Njoroge

    • Austin Avuru 

    • Tom Cowan

    • Kevin Okyere

    • John D. Rockefeller

     

    Nigeria
    Wale Tinubu, Folorunsho Alakija, Austin Avuru, Kevin Okyere

     

International
Organisation of the Petroleum Exporting Countries (OPEC)

Nigeria
Nigerian Association of Petroleum Explorationists (NAPE)
PETAN (Petroleum Technology Association of Nigeria)

 

Companies in the industry cut across the upstream, midstream and downstream, with services covering Oil Exploration, Drilling, Geophysics, Seismics, Data Processing, Geosciences, Survey, Drilling & Well Services, Directional Drilling, MWD, Mud Logging, and Reservoir Services.

 BP, Saudi Aramco, Total, Qatar Petroleum, Halliburton, Schlumberger, Chevron, ExxonMobil, Eni, Phillips 66, Gazprom, Valero, CNPC, Sinopec, Rosneft, Lukoil, Baker Hughes, Weir, Emerson, Rockwell Automation, Honeywell, Nexans, Penspen, Churchill Drilling Tools, Topaz energy and marine, Proserv, Welltec, SPX Flow, PetroChina, Vitol

Nigeria
Lekoil, Addax Petroleum, OANDO, CONOIL, Seplat, Sapetro, Niger Delta Exploration & Production Plc, Eterna Plc, NNPC, NLNG, Saipem Contracting, Elf Petroleum, Nexen Petroleum Nigeria Ltd, CNOOC International, Afren Energy Resources, Alfred James Petroleum, Allied Energy Resources (Nigeria), Amalgamated Oil, Amni International Petroleum Development, Atlas Oranto Petroleum Oil, Camac Nigeria, Conoil Producing, Dubri Oil, Equator Exploration Nigeria, Express Petroleum & Gas, Famfa Oil, Petrolex, Midlantic International, Millenium Oil & Gas Company (Mogcl), Moni Pulo, Noreast Petroleum,

Oil World, Aiteo, Amni, Ardova Plc, Optimum Petroleum Dev, Orient Petroleum Resources Limited, Oriental Energy Resources, Pan Ocean Oil Corp. (Nigeria), Sahara Energy Fields, MRS Oil Nigeria Plc

Solgas Petroleum, TREXM, MRS Oil Nigeria Plc, Nigeria Gas Company, Taleveras, Nigaz Accugas Limited, Gaslink Nigeria Ltd.

 

  • Gas flaring in oil drilling sites contributes to global warming
    Natural gas is associated with extracting crude oil, which is very difficult, costly and sometimes dangerous to capture and transport. The excess is often burnt off in a process known as gas flaring. This has contributed to global warming and pollution by releasing carbon dioxide, methane, and carbon black into the atmosphere.  

    The challenges posed by gas flaring have made oil and gas companies seek innovative alternatives such as re-injecting gas back into the ground and liquefying gas for storage.

    Global warming from oil and gas exploration and production, gas flaring and combustion engines
    The exploration and combustion of fossil fuels is the highest cause of global warming through greenhouse gas emissions. Companies in the oil and gas industry are striving to reduce global warming through innovative strategies such as decarbonisation and carbon capturing.

    Conflict in resource-rich areas heightens security tensions.
    With the increase in demand for oil, oil wealth has often been a cause of economic and political conflicts, ethnic and community fights and insurgency. There is also the challenge of communities struggling to ensure oil companies recognise their constitutional ownership of oil-rich lands. As a result, several oil-rich developing nations are clamouring to adopt Alternative Dispute Resolution (ADR) techniques already in use in developed countries like the United States.

    The lack of local skilled workforce and service providers has led to the demand for more local content
    As oil and gas demand increases, many companies’ operations become more international as they move into new geographical locations. Still, these companies often have to rely on an expatriate workforce, i.e. importing workers from the parent country of the Company. Hiring local workers will be less costly and contribute to the employment level of the local community. In addition, companies may need to invest in training technologies like virtual reality and 3D modelling to enhance the learning experience of local employees.

    Uncertainty in the regulatory environment makes long-term planning difficult
    Exploration of oil and gas involves using resources like water and the depletion of land and forests, subjecting to increasing environmental regulations. With discussion on Climate action and ESG, new laws are rolling in faster than oil and gas companies can adapt to previously made regulations. As a result, companies are constantly creating new strategies for extracting, processing and distributing petroleum with little space to implement before environmental standards change. Companies that cannot keep up with the ever-changing standards risk losing their operating licenses.

    The high financing cost of operations amid fluctuating oil prices and the vitality of foreign exchange
    Demand for petroleum products keeps increasing, 

    Environmental pollution, such as oil spillage in oil and gas production areas
    According to a World economic forum report, oil spillage through the extraction of oil and gas is poisonous to life on land and water. Birds, insects and other animals can be poisoned or suffocated. At the same time, oil spillage can also reduce the buoyancy of ocean life. The toxic chemicals released into the ocean can stay for years, stored in the sediments on the ocean floor. Companies use oil booms and spill berms to prevent spillage. Nanotechnology (SPIONs) is a new technology explored to clean up oil spills.

Digitalisation in the industry 

  • Digital twins of oil for subsurface modelling and the design and simulation of rig operations before implementation.
  • 4D seismic imaging technology and drones to measure and predict fluid changes in reservoirs and surveillance of oil fields.
  • Internet-of-Things for remote monitoring of offshore drilling platforms and big data analytics for the predictive maintenance of machinery.
  • Autonomous operations and robotics improve oil and gas assets’ efficiency and safety levels.
  • Blockchain for managing oil contracts lifecycle from procurement to payment.
  • Modelling of pipeline designs and simulation of oil flows.
  • 3D modelling and high-quality visualisations help reduce risks and optimise production through the safety of good reservoir models.
  • Blockchain technology is an online ledger usually used in cryptocurrency. Many oil companies now use it to secure transactions, make smart contracts and ensure the transparency of activities.

Books
The Prize: The Epic Quest for Oil, Money, and Power
The Oil and Gas Industry: A Non-technical Guide
The Quest: Energy, Security, and the Remaking of the Modern World
Titan: The Life of John D. Rockefeller, Sr.
Fundamentals of Oil & Gas Industry for Beginners

 Events
SPE ATCE
Nigeria Oil & Gas Conference & Exhibition
International Petroleum Week
Africa Assembly Conference
Sub-Saharan Africa International Petroleum Exhibition and Conference

Publications
Africa Oil & Gas Report
World Oil
Oil & Gas Journal
Offshore Magazine
Petroleum Africa

Podcasts
Oil and Gas This Week Podcast
The Oilfield 360
IHS Energy Podcast Series
Digital Oil and Gas
Oil and Gas Industry Leaders Podcast

 Movies
There Will Be Blood
The Men Who Built America
The Wages of Fear
Sweet Crude
Syriana

Public Sector

Overview of the Public Sector Industry

Public services are provided by a government to those living under its jurisdiction, either directly through public sector agencies or by funding private firms or voluntary organisations to deliver those services. Other public services are provided on behalf of a government’s citizens or in the public interest. In addition, the term is associated with a social consensus that certain services should be available to all, regardless of income, physical and mental ability. Examples of such services include security, primary healthcare, public transport, justice and protection of its people at home and abroad.

Public services operate in many forms, such as government ministries, departments, and agencies. Some work independently as state-funded institutions, armed forces, and offices. Where the government does not provide services directly, it operates as a regulator to ensure there are practices for a free market in the best interest of its citizens. While the public sector is one of the largest spenders in the procurement of goods and services in most economies, most public services are service-oriented. It is because public sector organisations serve as instruments for government at all levels to implement policies, programs, and projects. 

Civil society organisations such as community groups, non-governmental organisations (NGOs), labour unions, indigenous groups, charitable organisations, faith-based organisations, etc., also work to hold accountable and support governments and the public sector in delivering their responsibilities to their people.

The public service industry has opportunities for different professionals from different fields. Here are some of the career paths in the Public Service Industry:

Law Enforcement, Security and Defense Services
If you are rule-oriented and safety conscious, a career that enforces laws and policies may suit you. Many military veterans work in the public sector after they have served their country. Law enforcement jobs maintain the social order and reduce potential threats to individual or public safety. In addition, they protect property and preserve the quality of life in local communities.

Examples include Law enforcement officers, firefighters, animal control officers, correctional officers, bailiffs, Transit authorities, Crossing guards, Coast guards, Military, Immigration and customs inspectors.

Government Servants
Human Services jobs involve helping people meet basic life needs, psychological services, and healthcare with assistance from the government.

Examples include Social workers, Mental health therapists, Substance abuse counsellors, Financial caseworkers, Developmental disabilities specialists, Public health nurses, Tribal affairs program managers, City planners, City managers, City attorneys, etc.

Public School Educators
Working in public schools and educational institutions encompasses any type of position working with individuals in various capacities. Excellent communication, patience, and commitment to learning are essential qualities for these jobs. Teaching or administrative positions are options to consider.

Examples:
Head Start teacher, Classroom aid, Special education teacher, Preschool teacher, Middle school teacher, High school teacher, Guidance counsellor, Principal, Superintendent, Community education director, etc.

Many diverse non-profit and not-for-profit organisations provide human and social services. Working with like-minded individuals dedicated to helping others can be inspiring and fulfilling. Funding typically comes from government sources, fundraisers, and donations. Job seekers can find many jobs in these organisations to serve the public good.

Examples:
Homeless shelter manager, Domestic violence shelter advocate, line counsellor, Food pantry/food bank/soup kitchen coordinator, Civil rights worker, Youth leader, Immigrant support specialist, Disability services worker, Free healthcare clinics, Hospice care workers

Other career paths include (Not limited to this list):

Arts administrator, Chartered public finance accountant, Civil Service administrator, Civil Service, Fast Streamer, Company secretary, Corporate treasurer, Diplomatic service officer, Education administrator, Environmental health practitioner, Equality, diversity, and inclusion officer, Facilities manager, Government social research officer, Health service manager, Intelligence analyst, Local government officer, Office Manager, Personal assistant, Policy officer, Political risk analyst, Politician’s assistant, Secretary/administrator, Senior tax professional/tax inspector, Statistician, Theatre manager.

 

  • Communication & Persuasion
    To interact with the public, work with your colleagues and communicate with your superiors in clear terms. You must communicate effectively with your colleagues and superiors. Your thought must be expressed clearly to avoid misunderstandings or misinterpretation of your intention. 

  • Networking & Teamwork
    The public service industry consists of professionals from different fields/backgrounds coming together to achieve a common objective. One crucial public service skill is working across boundaries with other public agencies or external partners. This involves learning the other party’s language, understanding how they see the world, being cooperative and being clear about what outcomes you need from cooperation

  • Self-Awareness and Management
    Understanding your skillset, what you’re good at, the areas you work best, and understanding areas you need to improve on will help you. Also, motivating yourself to work irrespective of your environment is essential and demonstrating emotional intelligence under pressure.

  • Planning & Organisation
    Work in this sector might be cumbersome, hence your need to be able to plan things ahead of time. Having planning and organisation skills will help you in this industry. Things are done orderly, so having insight into what your office needs and planning will help you.

  • Continual Learning & Adaptation
    You may be transferred to another department, unit, location or an entirely different government agency. Being open to continuous learning is vital in this sector. You might be transferred to a new department that requires a different set of knowledge and skills. Your ability to learn and adapt will keep you long in this sector.


    Digital Skills
    While this sector might not need expert knowledge of technological tools for basic workers, you should be able to use the computer and basic office tools like the Microsoft office. In addition, having basic computer skills will aid your work in this sector as it undergoes digitisation. 

  • This sector is not degree-specific, as all degrees can do government work. Although you can work in this sector with a different kind of degree, some of the sector’s segments require some specialised degree holders for the job.

    Here are a few examples of specialised degrees:

    BSc in: Public Administration, International Relations, Economics, Political science, International Social and Public Policy, Public Health, Accounting, Journalism, Communications, 

    MSc in: Master of Public Administration, Business Administration, Public Policy, Social Work, etc.

    Workers in this sector can also take professional courses offered in the industry they operate as public servants.

You can start by looking out for internship opportunities in this sector: networking and building relationships with staff in the industry to get recruitment updates. Most times, such opportunities are not announced. Even when they eventually get announced, some people have been selected already, and the announcement is just a formality.

It is good to also look out for quota-based, such as state, region of origin, or group. Doing this will be advantageous, especially if it’s a job based on allocation. Such positions are hardly given to other states or regions except for the region it’s meant for.

Getting your documentation ready as early as possible to apply when jobs are announced is essential to compete against several people applying.

A post-graduate degree such as a master’s or experience coming from the private sector can also be an advantage when applying for jobs in this sector.

You can also work as a consultant to the government or work with an organisation that works closely with the government under a PPP (Public-Private Partnership) arrangement. You can also work as a political appointee as Special advisers, commissioners or ministers to political officeholders in this sector base on your experience and speciality. 

Understanding hierarchy is essential for workers in this industry. You’re required to follow orders; you do as your superiors say. Working in the sector comes with a lot of peeks like job security, benefits, access to several loans, opportunities to do other things, training, a 13th-month salary in some state/country, accessible transportation for workers, sponsored travels for workers by the government for summit/seminar, etc. 

Once you get into the industry, you can almost be able to predict when you’ll be getting promoted and sometimes know how the screening process will go. Promotion criteria vary in this sector depending on the segment you’re working within the sector.

To get things done in their sector requires budgeting and getting approval before certain things can be done. So you don’t wake up and decide to do something at will. There is a procedure to follow to get things done.

Public sector workers are members of unions which serve as interest groups to protect them and advocate for their demands with the government as an employer. The largest of these unions are typically in the education and teaching services, healthcare and line workers in government-owned enterprises. 

They also belong to professional and industry bodies to enhance their career development and interact with other professionals from the private sector. Many of these professional bodies also operate as unions. One of such is medical associations.

Ghana
Ghana Employers Association, Association of Ghana Industries

 

  • Ghana
    Emmanuel Antwi-Darkwa, Stella Agyenim-Boateng, Kwesi Bekoe Amissah-Arthur, Akwassi Osei 

     

International
International Labour Organization

Ghana
Ghana Statistical Service, Ministry of Employment and Labour Relations, Ministry of Interior

 

The public sector usually ranks as the largest or one of the largest employers in most countries. The public sector areas that offer the most employment opportunities are the following:

  • Education and teaching services
  • Civil service to provide administrative support
  • Public Health and Medical services
  • Law Enforcement, Security and Defense
  • Works and social services
  • Agricultural support service
  • Inland revenue

Ghana
Ministry of Aviation, Ministry of Culture and Chieftaincy, Ministry of Employment and Social Welfare, Ministry of Energy and Petroleum, Ministry of Finance, Ministry of Defence, Ministry of The Interior, Ministry of Trade and Industry, Office of Attorney General and Ministry of Justice, Ministry of Foreign Affairs, Ministry of Food and Agriculture, Ministry of Education, Ministry of Health, Ministry of Lands and Natural Resources, Ministry of Sanitation and Water Resource, Ministry of Railway Development, Ministry of Employment and Labour Relations, Ministry of Transport, Ministry of Environment, Science and Technology, Ministry of Youths and Sports, Ministry of Works and Housing, Ministry of Communication, Ministry of Information, Ministry of Gender, Children and Social Protection

 

    • Operational Inefficiencies
      Government agencies, as non-profits, in many countries, are reputable for working with less efficiency than the private sectors. Governments can develop specific programmes working with private sector organisations or independently upskill government workers and implement performance frameworks with rewards for meeting targets. Digitisation of processes also helps to improve efficiency and provide training opportunities for government workers.

    • Skill Gaps
      While employment security in the public sector allows individuals to gain experience, training opportunities are frequently limited. Workers may not be sufficiently motivated to take advantage of existing chances. Participation in training and proof of newly acquired abilities, not just years of experience, should be mandatory as a promoting criterion for government employees. The industry should also recognise great employees who have shown consistency and increased their skill sets.

    • Compensation
      The private sector is the destination of choice for most graduates in developing countries. It is not because they are unwilling to contribute to the public sector. On the contrary, public sector salaries are incomparable to what is obtainable in the private sector or some areas within the public sector, such as finance and Oil and Gas. Public workers tend to make less in wages when adjusting for education. However, that difference is reduced when including benefits and hours. This has made the public sector attractive to the best of talents and has made them part-time workers in the public sector. They have to supplement their jobs with other sources of income or benefit from loopholes in the public sector for personal enrichment

    • Poor Working Environment and Archaic Systems
      Government buildings where public sector workers work are most of the time aged and are poorly maintained. A poor working environment can reduce morale and is attractive to a younger generation of workers. File cabinets are usually worn out, and legacy systems are in use. Governments need to approach the modernisation of the infrastructure and systems used in the public sector as an investment in improving productivity.
      • Corruption

        In many developing countries, the public sector is a hotbed of corruption. Nothing appears to be attainable without the exchange of cash or favour; in certain countries, this has been the norm. Reforms in the public sector are now focusing on process automation to make services more openly accessible online and with less human involvement. This method will reduce the corruption rate in this sector.

      • Citizen Disengagement
        A challenge in the public sector, especially with public office holders, is the disengagement of citizens in their administration. Several officeholders hold little or no regard for what their people need, their opinions or their plight. The citizens need to be engaged to have a complete public sector administration. Governments should develop avenues of communication to get feedback between public office holders and the people. There should also be transparency on activities in the sector. In addition, a channel to share the report with citizens should be encouraged in this sector.

      • Overstaffing and underutilisation of capacity
        The public sector is the most staffed in the country. The number of workers employed in the sector is quite a lot compared to the number needed. There have been cases of ghost workers employed on paper who don’t report to work but get paid by the government. Also, staff in this industry often have more skills than what is required on the job; some staff in this sector are only there to stamp a document they will do throughout their career. The work structure in this sector does not allow the staff to work to their full potential.

      • Political Interference
        In many public offices, the agenda and plans pursued are dictated by the political office holder in power. Whether in a local/state/federal government office, what they do is often a result of the agenda of the political office holder. When there’s a change in power, the focus of such a department changes. It has caused many problems in this sector and projects, campaign changes with several government officeholder changes, even if the programs or project benefits the citizen.

Use of social media
Government agencies now operate social media accounts as a medium to interact with citizens. Social m platforms like Instagram and Twitter are prominent platforms used by government agencies. The platforms are used for information dissemination and to engage citizens. Citizens get to lodge complaints and interact with government agencies through these mediums.  

Online recruitment
In the bid to ease access to recruitment opportunities and processes in the public sector, an online recruitment system has been adopted. As a result, several government agencies in the country have automated their recruitment process. Applicants can now submit their applications and certificates and every other necessary document making job applications easier and faster.

E-Governance
The public sector agencies have seen digital improvement in digitising some activities that have aided better service delivery to citizens. Take, for example, INEC; registrations and other procedures that may involve visiting and queuing at their office have been digitalised, which has eased the stress on citizens.

Data Analytics
As things evolve and trends change, the sector uses data analysis to inform and plan government policies and projects. The use of data analysis will help the sector get access to accurate data that governments can use to decide what the citizens want and what they don’t want.

Open Data
Public bodies generate, commission, and make large amounts of data and information, which has increased openness and accountability to citizens. Governments also support business creation (startups), development, and citizen-centric services by encouraging the usage, reuse, and free sharing of datasets.

For transparency and innovators and startups to have access to government data.

Digital Transformation
Digital technologies are being utilised to develop new—or modify current—business processes, culture, and consumer experiences to meet changing business and market requirements. As a result, the sector is undergoing a digital transformation. There have also been collaborations among MDAs to impact the sector’s digital transformation.

  • General Media

    • Newspapers
    • State radio and television
    • Social media channels of MDAs

    Books

    • Reforming the Unreformable; Lessons from Nigeria by Nkonjo Iweala 
    • The Accidental Civil Servant by Nasir El-Rufai
    • The Arc of the Possible: A Memoir: Adio, Waziri
    • System Thinking in the Public Sector by John Seddon (2008)
    • Public Management and Administrative Reforms in Western Europe by Walter J.M. Kickert (1997)
    • Public Sector Management by Norman Flynn (1990)
    • All the President’s Men by Carl Bernstein and Bob Woodward

    Podcasts

    • State radios in developing countries
    • Public Sector Future
    • Public Sector Voices
    • Public Sector Perspectives
    • Talking Public Sector
    • CarahCast: Podcasts on Technology in the Public Sector
    • The Public Sector Pod

    Events

    Events are organised by or with the participation of Government Ministries, Departments, Agencies and organisations. 

    Movies/Documentaries

    • House of Cards
    • Madam Secretary
    • The Meeting (2012)
    • All the President’s Men (1976)
    • Don’t Look Up (2021) 

     

Real Estate and Facility Management

Overview of the Real Estate & Facility Management Industry

The real estate industry is also referred to as the property industry. It involves the sales, leasing, development, marketing, leasing and management of land and buildings for residential, recreational, commercial and industrial purposes. It is closely related to the construction industry, which involves developing land into buildings and the facility management industry, which provides services to manage and maintain them.

In the past, roperty ownership was for personal residential use, territorial domain, family inheritance, and food production. Today, property ownership and management has become one of the world’s largest industries and safest investments. It is particularly remarkable for its ability to preserve wealth due to its low risk and more likelihood of land appreciation over depreciation.

There are other real estate varieties like land real estate, commercial real estate, and industrial real estate. 

Land real estate
Land real estate involves the use of vacant and underdeveloped lands and properties. In simpler terms, it is the station for real estate managers. Many people are advised to take advantage of lands available in undeveloped areas with good prospects. 

When an individual or company buys as much as they can lay their hands on, they gain control of the land while waiting for the land to grow in value. There’s a huge profit when investors from the residential, commercial and industrial real estate market search for a vast amount of lucrative land from that company or owner. Indirectly, the building cost is saved and allows the buyer to be the builder of the land purchased. In residential real estate, buyers can use these lands for living purposes, such as single-family homes, apartments, duplexes, and condos. 

Commercial real estate
Commercial real estate (CRE) is a property tailored explicitly for business works and working space but not meant for living purposes. Places like this include shopping malls, hotels, recreation parks, office buildings, industrial use etc.

This market allows one to own landed properties that business organisations can use in carrying out their operations and commerce activities. It is a profitable business as investors and entrepreneurs are always on the lookout for areas that would boost the growth of their business. Once a location is seen as a rare point for yielding quick returns, businesspeople rush to acquire it to generate income. 

Industrial real estate
Industrial real estate refers to lands and buildings used for industrial operations like warehousing, manufacturing, construction, research and development, production, distribution and storage facilities. This requires massive capital investment and a good sell-out plan to a bidder. However, the return on investment is usually high when the land is eventually sold.

Technically, you can be a land developer, a real estate agent, a marketer, or a property manager. You could also offer professional services like interior designing, law, general contracting etc. You can earn a commission for marketing structures, and selling completed houses and lands to a buyer by being a sales marketer. A property manager is in charge of renting houses, fixing repairs and ensuring house maintenance. Their fees, most times, come from money deducted from the house’s value on rent. For a developer, your duty involves scouting for potential lands and properties, renovating buildings, leasing or selling real estate properties.

Facility Management
Facility management focuses on the labour force, office space, staff member services, facility culture, building technology, company maintenance, emergency preparedness, security management, space planning, maintenance and repair and the organisation’s plan towards prosperity. It also develops strategies through this on how real estate can be a creative home.

Facility Management (FM) lives on diversity, equity and inclusion (DEI) in the workplace for effectiveness in this modern world. FM is about solving inadequate factors in the real estate sector to balance the workplace and mental well-being. Facility management solves adjustments such as work from home policy, stationary centres, green environment, safety measures, trends from education and technology, and customer care system. 

Facility management is an essential aspect of executing real estate mandates. They drive analytical data decisions to connect with real estate operations to attain future growth in housing development. 

A commonly known variety of real estate management exploited is residential real estate. This type has to do with the building of apartments, condominiums, family homes etc. People from all walks of life can easily participate in its expansion, as all they have to do is change their lands and properties into homes. 

The real estate industry is open to graduates from all fields, and many roles do not require having a degree. It is as much a relationship-based industry as a hands-on industry requiring attention to details in layout and numbers. Jobs in the real estate and facility management industry include:

property/real estate marketer/agent/manager

facility/building manager/supervisor/coordinator

surveyor, civil engineer, architect, interior designer

asset manager, marketer, broker, property consultants and lawyers

The highest-paying jobs in the industry are in brokerage, security operations, commercial property management, real estate investment, Auditor, Facility Director, and Architect.

  • Communication and Persuasion: It is a crucial skill in the industry, communicating with artisans and co-workers in specifying designs, visual communication and convincing buyers to buy. The act of communication and call to action will engage clients to take action and be interested in real estate offers. 

  • Planning and organisation: Building design, layout, plans and organisation, and formulating building plans and strategies are necessary for survey, architecture and sales in real estate management. Also, facility management would brighten up with organisational skills and planning for the well-being of people.

  • Networking and Teamwork: meeting people and working with artisans, co-workers, regulators, and industry specialists. This helps to transform your career objectives into a better form. It is relevant in this industry because it helps align your prospects and build your reputation

  • Numeracy and Financial Literacy: it is a numbers industry involving calculating plots, housing units, rooms, and prices to acquire or sell. Also, record books and accounting skills like Microsoft Excel and other software knowledge. It is necessary to give cogent and cognitive arithmetics of real estate and facility data and information.

  • Self Awareness and Management: it is a relationship and people-based industry. Therefore you must have a high level of emotional intelligence.

    Digital Skills: Content development and social media marketing, content to promote your properties. Data analysis also for facility managers helps map out critical areas for improvement. It is an important skill to have as modern facilities and real estate management record success in engaging netizens through branding, sales, marketing, algorithm, artificial intelligence, data analysis, etc.

  • The following is a list of degrees directly related to the industry, including Property/Real Estate Management, Architecture, Building Technology, Civil Engineering, Surveying, Urban and Rural Planning, and Property Law. 

    In addition, postgraduate degrees relevant to the industry include:
    Postgraduate Degrees (Masters):  in Hotel tourism, Surveying, Land Management law, finance, real estate & natural resources, Real Estate and Property Management, MBA in Modern Workplace & Facility Management, MSc Property and Facilities Management, Business Administration, Master of Land Economy (Rural Surveying), Construction and Real Estate.

    There are many short courses and training programmes related to the industry. For example, they may cover Real Estate Finance and Investing, Property Development, Real Estate Valuation and Modeling, Facility Management, and Taxation in Real Estate management.  

    Relevant professional courses and certifications include Health Safety and Environment (HSE), Project Management Professional, IREM Certified courses, Certified Facility Manager (CFM), Certified Real Estate Brokerage Manager, Leadership in Energy and Environmental Design certification(LEED), and ProFM Facility Management programmes.

A professional workplace with an attractive facility culture can spur you into becoming an impactful leader and a global citizen. Despite the early difficulty in getting in, the eventual breakthrough is a worthy course. 

The following tips are helpful for you to succeed in this industry:

Know what segment or role in the industry you would like to be involved in – this is a crucial subject one must consider before choosing a role in this organisation. It helps position you well, and your area of strength will help you perform better with passion. Also, the role comes with work demands and benefits, which could be a decider. As an entrepreneur, asset and property management is a lucrative sector to join as cash flow is considered significant.  

You can work in technical roles for companies that provide services to real estate companies. These may include architecture, civil engineering, and surveying. These services are high in demand with flexible work hours and convenient pay. 

Marketing jobs are the easiest to get in the industry. But your success will be highly dependent on your marketing skills, network or street smarts. Confidence is required, and the ability to build trust and reliability will strengthen your relevance. 

You can find internship opportunities in a real estate company to gain experience. These internships give you in-depth knowledge about office and organisation standards and professional ethics. It provides your mentorship from the perspective of who you work under during your training.

Starting as an entrepreneur in the industry requires significant family investment. But you can start as a provider of services such as interior design, landscaping etc. This gives you the chance to showcase your skills to clients and generate valuable relationships and revenue for advancing your prospects.

Meet and greet with real estate and facility specialists – Confidence is a significant factor when meeting A-list industry experts. The phrase “be yourself” is essential. In real terms, face-to-face interaction and expression connections are more valuable than online chats. The meet and greet with real estate and facility specialists require courtesy, good communication skills, appearance, and, most importantly, timing. Your timing has to be correct. 

Real estate and facilities management is a booming business in big cities. At the same time, the latter is almost nonexistent in rural areas because many skilled workers earn better salaries. The opportunities for economic growth thrive more in commercial cities and urban areas because it has the highest concentration of trade and commerce. This provides fluidity for real estate businesses to succeed.

Most of Nigeria’s real estate industry jobs revolve around marketing, which requires attempts to meet targets, advertising, and incentivising and looking for buyers. In addition, the marketing strategies expose real estate services to potential clients for sales and partnership.

It is a relationship-based industry; it requires significant investments, which people only make when they trust someone. Managing tenants also requires being able to manage relationships. Interpersonal relationships will help to form client-customer understanding and partnership.

Salaries are low, but commissions can be very rewarding. Being street-smart is highly beneficial. Professionals who work in construction and legal are paid better salaries. The perks of marketing sales outside routine office work encourage workers to flourish and bring in more customers.  

Most real estate professionals are always on the field except for facility managers. Facility managers take care of the organisation’s facility activities and are usually positioned at the facility station. They have field commissions for maintenance, checkups, and supervision when they move from one site to another.  

It is an industry where one can build a network and learn marketing skills. Negotiating is a fantastic skill to thrive in real estate marketing. The circle of friends forms the bridge to gain contracts, deals and leads for real estate business survival.

A lot of flexible work opportunities as long as you meet your targets. It creates room for other day-to-day activities and further improves the mental well-being of workers.

International
International Facility Management Association
International Real Estate Federation (FIABCI)
Institute of Real Estate Management (IREM)

Ghana
Ghana Real Estate Developers Association

 

  • International
    Donald Trump

    Ghana
    Gideon Akrofi, James Orleans-Lindsay, Michael Asiedu, Freda Prempey

     

International

UN-Habitat

Ghana
Ministry of Works and Housing

 

Segments in the industry are property companies that sell and develop land and residential and commercial real estate. And also companies that find, lease and manage relationships with occupants; and facility management companies that manage and maintain properties. In addition, several companies provide data, software, and other services for companies in the real estate and facility management industry. Finally, the property segment is also a significant niche in the media and publishing industry.

International Companies
Property sales and development: Colliers International, Zhenro Properties Limited, Lincoln Property Company, Greystar, Vacasa.

Real estate management: BH Management Services, Sotheby’s International Realty, Eastdil Secured, Brookfield Asset Management, Prologis, Crown Castle International, ERA Real Estate, Segro, Keller Williams Inc, Grit Real Estate Income Group, Simon Property Group, Equity Residential, RE/MAX, Countrywide PLC, Century 21, Berkshire Hathaway HomeServices, eXP Realty, EXIT Realty, IQI Global, Colliers International, Cushman and Wakefield PLC, Homie Real Estate, American Tower Company, Houwzer, Vornado Realty, BrazilOasis, Equinix, Greystar, Boston Properties, Knight Frank,  WellTower, Redfin, AlArgan International Real Estate Company, Covivo SA, L E Lundbergfoeretagen AB, Healthpeak Properties, PIK Group, Link REIT, AvalonBay Communities, Public Storage, Savills, Foxtons, Lendlease, Rendall and Rittner, Altus Group, BNP Paribas Real Estate, Hamptons, Firstport, Leaders Roman Group, Lambert Smith Hampton, Places for People, Damac Properties, DTZ, Newmark, British Land Company, Optivo, Coldwell Banker, Public Storage, Richmond American Homes, HVS, SitusAMC, HomeMade, Cortland, Audley Group, Revantage, Arun Estates, Guest Ready, Realogy, Landmark Properties, Camden Property Trust, BGIS, Wedgewood, CA Ventures, PropTiger, Bidwells, Housing.com,  Arthur Online, Ivanhoe Cambridge, Oxford Properties, Shepherds Bush Housing, Lincoln Property Company, Akelius, GVA Property Consultancy, Lodha, Pinnacle Property Management Services, Carter Jonas. 

Facility management: Commercial Real Estate Group (CBRE Group), facility management express (FMX), Sodexo services, Aramark, Johnson Controls, Compass Group PLC , ISS/AS, Jones Lang Laselle IP (Inc), Cushman & Wakefield, AMBA FM, Dussmann Group, Atalian Servest Group Ltd, Bharat Vikas Group, ADR Property Group,  Atkins, Carillion, Cofely, Incentive FM, Black Label Immobilien, SGP Property & Facilities Management, Der Immo Tip, Telereal Trillium, Blue Diamond Facility Management Services, Maxicare Facility Management Services, Savills Immobilien Beratungs- GmbH, Fixemer Real Estate, Metropolitan Commercial Realty Inc, Mandevco Properties Inc, Bruce Ward Realty, NAI Commercial, Feldmann Immobilien, First Citiz Berlin, Darna Immobilien, HomeCompany, Terracap Management Inc,  Universal Realty Group, Workspace Group,Convene, ESG Holdings Limited, Shanghai Aideite Facilities Management Company Ltd,  ADEN Group, DBEST Facility Technology Management Company Ltd, ISS Group, Ohana Building Services Group, Amacon,  Cogir Real Estate GP, Towers Realty Group, Real Property Management Limited, My Place Realty, Kipling Group Inc, Martello Property Services Inc, Allied Properties REIT, Cromwell Management Quebec Inc, Royal York Property Management, VLR, Royalty General Construction,    

Startups
Smartworks, WeWork China, Property Guru, Arrived Home, VTS, Pacaso, Loft, Dusty Robotics, Habyt, Brick&Bolt, Kodehyve, HqO, WeMaintain, AirBnB, Zillow.com 

Ghana
GoldKey Properties Limited, Clifton Homes, Whitewall Properties Limited, Denya Developers Limited, Primrose Properties, Earlbeam Realty, Lakeside Estates, Rehoboth Property Limited, Properties Portfolio Ghana, The Greens, ToBlues Properties Limited, GreenPark Properties Limited, DP Group Limited, Swami India Ghana Limited, Devtraco, Appolonia, Adom City Estate Limited, Imperial Homes, Chain Homes Limited, Trasacco Estates Development, Mayfair Estates Limited, JL Properties, Beaufort Property, Quao Realty, Emerald Properties, Regimanuel Gray Limited, CPL, Mobus, Emefs Construction Limited, Signum Development, Golden Coast Developers, AppFolio, MeQasa

 

  • Real estate and facility management affect over 6 billion people on planet earth. However, there’s a massive deficit in the availability of quality housing for average salary earners and people in the rural-urban areas in the world. Significant challenges affecting real estate and facility management and the opportunities for innovation include: 

    • Documentation
      A verbal agreement is subject to change, denial, and dispute. Written agreements must be documented exclusively with both parties fully aware and the consent granted. According to the Nigerian Institute of Estate Surveyors and Valuers (NIESV), 80% of Nigerian lands do not have occupancy certificates. It affects real estate and facilities’ financial transactions. The digitalisation of CofO documents and GIS use is a real estate innovation meant to secure records of lands and properties
    • High-cost building materials, rents, taxes and property prices
      Building materials are subject to fluctuating prices, i.e. lumber products are in high demand. Still, supply is low and therefore, the prices are exorbitant due to scarcity. The housing taxes and high price rates keep people in a state of migration, humanitarian crisis, and homelessness. Innovation in the industry is using low-cost building materials such as 3D materials. Another innovation is ‘payments in instalments’ and affordability to acquire full ownership. Realtors offer this unique system where individuals can own home through instalment paying of the renting house. Low rates by mortgage banks have seen an increase in the development of real estate business and acquisition of buildings by individuals
    • Funding and investment constraints
      The issues of funding and asset assistance in real estate management are a significant concern. These investment funds enable capital support for major real estate works. Mortgage bank interest rates could either encourage or discourage the option of taking loans for real estate projects. Innovation includes selling properties to buyers before houses are completed or developers collaborating with landowners to share returns. In addition, the system of monthly contributions is designed by mortgage banks to enable cooperatives to have access to quality and affordable homes over some time.
    • Government policy
      Government policies affect real estate operations. The land tenure system and insecure property rights are crucial issues. Land acts passed from generation to generation by locals also affect land access for commercial real estate purposes and administration. An example of innovation is the land swap: ‘FCT Land Infrastructure Swap Initiative’, which means the private sector can provide infrastructure in exchange for land. Also, the Central Bank of Nigeria (CBN) real estate support programme.
    • Natural disaster
      This natural factor could wipe out an entire real estate property—for instance, the hurricane disaster in Florida. Natural disasters include; flooding, earthquake, hurricane, tornado etc. Innovation in risk assessment and insurance of properties.
    • Land as dead capital in many low-income countries
      People cannot use their land for collateral. Innovation like rural to urban or city development helps make these dormant lands open for real estate purposes.
    • Poor Maintenance Culture in Africa and the world
      The deteriorating facilities show poor maintenance practice and investment for upgrading the facility technology. Therefore, companies must use up-to-date facility management culture to brand occupants’ workspace and living conditions. However, maintenance and repair of ageing equipment and facilities reduce the general development of facility management. Therefore, areas of innovation involve the growth of the facility management business like HVAC maintenance, building technology and software to expand and achieve new goals.
    • Cost Control
      Facility managers are burdened with managing facilities with low investments and funding for the budget. It affects the prospects of facility managers to implement upgrading and new designs for users and the building. Facility managers do more despite less financial support.
    • Coordinating teams and multitasking
      This poses a considerable challenge as forming the right team that can work to integrate FM practices is sacrosanct. Multitasking can cause fatigue and an unconducive environment for workers. To implement communication, organisation and knowledge sharing, facility managers have to use innovations such as FM software to connect with their teams for synergy and productivity
    • Money laundering
      Real estate is a hotbed of investment from ill-gotten wealth, international crime syndicates, and money laundering. Many service providers do background checks and validate documents. They ensure that real estate companies are not seen as accomplices in crimes perpetrated by real-estate investors.

Online Property Discovery 
Search, tour, live feedback and more for shelters, sharing space, working space, and warehouse space are spotlighted on online platforms for easy access. The “online customer” has improved digital customer analytics to deliver contemporary real estate and facility management services. 

Internet of Things 
IoT, especially for facility management like software programming (i.e. apps), robotics, artificial intelligence (AI), sensors, and electronics, manages and maps out the life activities of a building. It forms habits such as the best place to work, well-being connection, and facility culture into developing the building structure through smart solutions.

Satellite Imagery 
Satellite imagery is critical for planning cities, towns and the geographical impact of building on the land. High-quality resolution images and spatial data help to highlight the location factor of planning cities and peoples’ services like vegetation cover, health and sanitation etc. Furthermore, real estate property sales rely on location. As a result, visuals, monitoring, and analysis from satellite imagery are crucial.

Digital Marketing 
The dimension of real estate marketing on digital platforms has seen a quick rise in the sector’s revenue, literacy, and awareness. In addition, digital marketing makes attractive real estate properties and services available for clients to occupy.

Building Information Modeling 
Data and prototypes from building information modelling (BIM) sets up the stage for managing digital real estate assets. This technology is used during the planning and construction stage. It also emphasises modern-day demand for space and lighting systems.

Digital tokens 
Currently, digital tokens are possible through crowdfunding and fundraising in real estate for investment funds and startup companies. These tokens are encrypted and secure to carry out online transactions and end-to-end digital services in real estate. 

  • Publications
    Realty Times
    Realtor Magazine
    PropertyWeek
    Castles Lifestyle
    Luxury Real Estate
    Buildings.com
    i-FM
    Facility Executive
    FMLink
    IFMA FMJ

    Events 
    Africa Property Investment Summit 
    Lagos Real Estate Fest and the Africa International Housing Show (formerly Abuja International Housing Show) 
    West Africa Property Invest Summit
    Real Estate Unite
    International Conference on Hospitality and Facilities Management (ICHFM)
    International Conference on Facilities Management and Services (ICFMS) and Operations (ICFMO)
    International Conference on Facilities Management 
    FMExpo and FMShow

    Podcasts 
    The Real Wealth Show Podcast by Kathy Fettke
    The property management mastermind show by Brad Larsen
    Real estate rockstars podcast by Pat Hiban
    Rental rookie by Emily Du Plessis
    Buildings Podcast
    FM Evolution
    FM Forward
    IFMA FMCC Podcasts

    Books 
    Real estate investing quick start guide- Symon He
    The encyclopaedia of commercial real estate – Terry Painter
    Your 1st year in real estate – Dirk Zeller
    Never split the difference by Chris Voss
    Property Management Systems From A to Z – By Dick Jonilonis
    The Facility Management Handbook
    Facilities Management: Managing Maintenance for Buildings and Facilities

    Movies  Downtown Abbey
    I Love You, Man 
    Chinatown
    The Big Short
    Local hero
    Up 
    Skyscraper

Safety, Security and Defence industry

Overview of the Safety, Security, and Defence Industry

The safety and security sectors include many professions tasked with safeguarding people and property, averting crimes and accidents, and promoting public safety. The sector employs people in the fields of police work, security guards, fire services, porters and concierges, security system and burglar alarm installation, and workplace safety specialists.

The Safety and Security industry can be broadly divided into the following subcategories:

  • Security services: They provide security services to the public, private institutions, and VIPs. Some of the professions in the segment include Bodyguards, security guards, porters and concierges, cash-in-transit security guards, customs officials, police, military, etc.

  • Public and private investigation services: Professionals in this field work to solve crimes of all types, e.g. crimes against people and property, cyber-attacks, tax fraud crimes etc.
  • Surveillance and Security systems Services: professionals in this field proffer solutions across burglar alarms, fire alarms, sprinkler and suppression systems, emergency lighting, CCTV, and other security and risk prevention systems (including industrial systems) requiring technical personnel installation, operation and maintenance.

The defence industry comprises public organisations and private businesses engaged in creating, manufacturing, maintaining, and repairing military equipment, facilities, and supplies. Companies that produce and market security products globally make up the security sector. The sector also consists of associations that control security firms, services, products, and licensed security agents. Examples of such products are home security systems and business security technology that defends computing systems from cyberattacks.

Cybersecurity/Infosec/Information security experts are also a part of this industry, and they work in all kinds of organisations to protect states, organisations and individuals from data breaches. They also protect from other forms of attack targeted at or directed through IT systems such as applications, databases and networks. It is one of the most in-demand jobs today. Digital forensics professionals are also an integral part of this industry. Through the backing of a company’s regulation or law enforcement agencies, they investigate criminal activities which may have been aimed directly at IT systems or individuals or organisations in the physical world with the usage of digital devices.

The Security and Defence industry is vital in every country. It has opportunities for professionals, technicians, and other providers of informal labour. Graduate roles in the sector include Intelligence analyst, Research analyst, GIS analyst, Consultant, Aircraft mechanic, IT systems administrator, Project manager, Contract Specialist, Procurement analyst, Security analyst, Program analyst, Flight instructor, Army officer, Combat engineer, Cybersecurity specialist, Systems integration engineer, Software engineer, Military Officer, Security Analyst, Intelligence Analyst, Army IT professional, Drone pilot, Pilot, Military police, Aerospace engineer, System Engineer, Quality assurance engineer, Flight Inspector, Data Protection Officer, Customer Success Manager, Sales Engineer, Governance, Risks, and Compliance officer, Policy Writer. 

Highest Paying Jobs
Security Architect, System, Network, and Web Penetration Tester, Network Security Engineer, Network Security Administrator, Information Security Analyst, Defense Analyst

    1. Communication and Persuasion
      To ensure safety and security within a location and among the public, communication and persuasion (negotiation) are essential. Therefore, you should have excellent verbal and written communication skills if you work in this field. You can use these skills to deliver technical security information to various stakeholders and respond to nontechnical inquiries. Or use it for campaigns to spread awareness of good security practices among the general public.

    2. Critical thinking
      This is the capacity to analyse several possibilities and balance the benefits and drawbacks of each. One example is talking to a suspicious person and comparing their story to reality to determine whether they are telling the truth. Undoubtedly a skill that should be developed before it is needed.

    3. Teamwork and Leadership
      The industry requires strong teamwork and leadership skills. You frequently operate as part of a team, collaborating with coworkers or other stakeholders and enlisting their skills to help you solve problems. Hence, your need to be a team player. Both developing relationships and following orders to the letters are skills you must learn to have a successful career.

    4. Planning and Organisation
      This is an industry where personnel work strictly with orders, and operations/activities are time bound. Therefore, you must be able to organise and prioritise tasks as ordered and given without delay. Also, one must develop an ability to stick to tactical and non-tactical plans.

  • Bachelor’s degree for specialisation includes but is not limited to the following: Bachelor in National Security Affairs and International Relations, BSc (Hons) Counter Terrorism, Intelligence and Cybercrime, Bachelor of Science in Homeland Security and Intelligence (BSHS), Bachelor of Science in National Security Studies, BS in National Security Studies, Bachelor of Science in Fraud and Financial Crime Investigation, BS in Intelligence, BS in Nuclear Enterprise Security Studies, Bachelor in Security and Defense, Bachelor in National Security and Cultural and Historical Heritage.

    Master’s degree for specialisation includes but is not limited to the following: MSc in IT Security Management, MSc in Private Security, Master in War and Defence, Master in Law and Security, MSc in Cybersecurity & Defense Management, Master in Security and Human Rights, MSc in Cybersecurity, Master’s Programme in Security Governance, Security and Safety Management, Master in Security and Cloud Computing (SECCLO), MA in Cyber Crime and Terrorism, Master of Science in Applied Intelligence, MSc IT Security Management, MSc Data Analytics and IT Security Management, Master of Science in Information Security and Digital Forensics.

    Certification Courses include but are not limited to the following: Certified Information Systems Security Professional (CISSP), Certified Information Systems Auditor (CISA), Certified Information Security Manager (CISM), CompTIA Security+, Certified Ethical Hacker (CEH), GIAC Security Essentials Certification (GSEC), Systems Security Certified Practitioner (SSCP), CompTIA Advanced Security Practitioner (CASP+), GIAC Certified Incident Handler (GCIH), Offensive Security Certified Professional (OSCP), Computer Hacking Forensic Investigator (CHFI), Physical Security Professional (PSP), Certified Protection Professional (CPP), Certified Homeland Protection Professional (CHPP), Industrial Security Professional (ISP), Security Professional Education Development (SPēD), Professional Certified Investigator (PCI), Associate Protection Professional (APP) 

The security and defence sector is a rapidly expanding industry that can provide you with a secure and fulfilling job with lots of room for growth and improvement. The sector will allow you to continuously learn new things as a security expert, develop new talents, and increase your understanding of security technology. Additionally, you’ll work independently or in teams on various tasks as your superiors or boss instructed.

Working in this industry requires you to be able to carry our orders – especially when it is coming from your supervisors. Additionally, your work will revolve around maintaining peace and safety and managing security challenges as a field operative or an administrator. 

Work hours might vary depending on your job role and the company you’re working for. However, you may have to work beyond the stipulated hours when there is a security threat. 

TIPS FOR ENTRY
Administration or management security positions are the way to go if you’re starting in the security and defence sector and want to eventually advance to some of the most significant security professions. However, since these are high-level professions, more than just a passion for security services and a desire to work in this industry will be necessary.

The best way to get started would be to apply for a job in an entry-level security role or to join the Armed Forces for a particular time (Army, Navy, Police, etc.). Most people who succeed in the security and defence sector start in one of these two positions.

Internships with firms and companies in this industry to gain experience as fresh graduates would be a good start, especially if you’re looking for an administrative or management role. The industry heavily depends on skilled and experienced personnel.

Nigeria
National Professional Security Association (NPSA), Cyber Security Experts Association of Nigeria (CSEAN), Information Security Society of Africa (ISSAN) 

 

Nigeria
Ade Ogundeyin, Tanwa Ashiru, Sam Olaniran, Jennesse Haruna, Ayodeji Bamgbose CPP, Buduka Julia Johnson.

 

International
United Nations (UN), the North Atlantic Treaty Organisation (NATO), the European Union (EU), The Council of Europe (CoE), and The United Nations Security Council.

Nigeria
Ministry of Defence, Army Affairs Department, Nigeria Institute of Industrial Security

 

Leading Global Companies and Startups
Lockheed Martin Corp, Boeing Co., Raytheon Technologies Corp., General Dynamics Corp, Pfizer Inc, Northrop Grumman Corp, G4S, Allied Universal, ADT, United Technologies, Huntington Ingalls Industries Inc, Humana Inc, Hikvision, FLIR Systems, Moderna Inc, Regeneron Pharmaceuticals Inc, Almaz-Antey, Leonardo, Thales, CACI International, Dahua Technology Ltd,  Airbus Group,Gallagher Security (Europe) Ltd, ASSA ABLOY EMEA, General Dynamics, Control Risk, Northrop Grumman, BAE Systems, Raytheon, BAE Systems, China Electronics Technology Group, Booz Allen Hamilton, Mitsubishi Group, Peraton, Safran, Naval Group, Elbit Systems, SAIC, General Electric, Rafael Advanced Defense Systems, Hindustan Aeronautics Limited, Saudi Arabia Military Industries, Battelle, Roketsan, Climax Technology Co., Ltd., AFRISEC, LLC.

Leading African Companies and Startups
Absolute Security Ltd, 3RT Technologies, Access Control SA, ACTI-TECH, Advance Security, Afriscope Limited, Airborne Drones, Ajax Technologies Limited, Al Thuraya Security Egypt, Al Waheed General Trading Co., Allscope Technologies Nigeria Ltd., Antivirus4u Corp, Awake Security Limited, H & O Automation Systems Ltd, Absolute Security, 

Leading Nigeria Companies and Startups
Nigeria Army, Nigeria Security and Civil Defence Corps, Nigeria Police, DICON Primer Cap Factory, Proforce, Kifta Technologies, Eliezer Group, Proton Security Company Limited, Ashaka Security Company, Eyespy Security Service Limited, Halogen Security, Damon Guards, KingsGuard Private Security Company, McDon Security, ASA Security Nigeria, Synergy Guards Nigeria, Technocrime Security Nigeria LTD, Nigachem Nigeria Ltd, Lodoni Company Nigeria LTD, Innoson Vehicle Manufacturing, Badeh Aerospace, BNTI Arms Ltd, Nigerian Army Vehicle Manufacturing Company – (NAVMC), DICON Kaduna Ordnance Factory, Mekahog Ltd, Demfas Aerosystems, Lionstar Technologies, SecPro Nigeria Ltd, Obama Security, NDL Nigeria, Epenal, SeWa, EPAIL, Al marine Nigeria, Kifta Technologies, ADVANCED PROTECTION SYSTEMS (APS Nigeria), Armour-Shield, AlarmCenter Limited, Anadal Technologies Limited.

 

  • Challenges facing the agribusiness industry include:

    Environmental Impact
    A significant challenge in the agriculture sector is feeding the increasing global population. In addition, it reduces the environmental impact and preserves natural resources for future generations. Agricultural activities such as livestock production with high carbon emissions and food production with high water use significantly impact the environment. Examples of negative impacts include pollution and soil, water, and air degradation. However, agriculture can positively impact the environment, for example, trapping greenhouse gases within crops and soils.

    Climate Change
    There are increased pressures from climate change, soil erosion and biodiversity loss. In addition, consumers’ have changing tastes in food and are concerned about its production. Plants, pests and diseases also pose their challenges. Climate change affects farmers’ ability to grow the food the world needs. Increasingly volatile weather events change growing seasons and limit the availability of water. They also allow weeds, pests and fungi to thrive and reduce crop productivity.

    Soil Erosion
    Soil erosion reduces the amount of land available for agriculture. In addition, the declining biodiversity affects crop pollination. As a result, farmers have to conserve water and use fewer agricultural inputs.

    Demand for Quality Food 
    Farmers need to produce more food of higher quality. Recently, the focus has shifted from concern about ‘enough food’ to ‘good food’. Society has rising expectations of farmers to reduce their impact on the environment, increase crops’ nutritional content, and further minimise chemical residues in yields and the environment.

    Poor Infrastructure in Developing Countries. 
    Farms and agribusinesses, similarly to other businesses, suffer from poor infrastructure. Examples include poor road networks, limiting farmers’ access to markets and leading to high post-harvest losses as produce is transported on these roads. Preservation of produce is also made more difficult with the inadequate power supply to operate processing machinery and storage facilities.

    High post-harvest loss of food with no sufficient technologies for food preservation and hunger is prevalent. It threatens the intensification of food insecurity in developing countries. At the same time, there is a high rate of food waste in developed countries.

    Depleting natural resources such as land nutrients due to widespread industrial and agricultural practices and natural disasters.

  • Artificial Intelligence and Machine Learning
    Defence and security industries, especially the Information security segment, now rely heavily on AI and machine learning (ML). These tools can quickly analyse millions of events and spot a wide range of threats, from malware that takes advantage of zero-day vulnerabilities to risky behaviour that could result in phishing attacks or the download of malicious software. In addition, AI can recognise and react to departures from established norms thanks to the profiles that histories of behaviour on users, assets, and networks help to develop

  • Robotics & Autonomous Systems (RAS)
    RAS is becoming more crucial to ensuring freedom of movement and mission success with the least risk to personnel. An example is drones used on the battlefield or in a situation to improve situational awareness by security and defence personnel. Additionally, multi-mission robots make it easier to clear landmines, conduct search and rescue missions, destroy explosive ordnance, and provide logistical assistance.

  • 5G Technology
    The 5G technology adoption could significantly change the security sector. 5G’s increased bandwidth and reduced latency will enable the regular delivery of high-quality images. As a result, they may present new prospects for video security.

    The market for wired video security will undergo a revolution through the adoption of wireless transmission through 5G technology. Wireless cameras will grow in the upcoming 5G networks, and more devices will be connected in remote areas. Additionally, this will speed up and widely deploy AI applications in edge devices.

  • Blockchain
    Blockchain offers data security while distributing data to all parties involved. To safeguard sensitive military/security data and fend off cyberattacks, security and defence firms/startups are developing blockchain-based solutions. In addition, smart contracts greatly limit the possibility of fraud or corruption while dealing with security and defence contractors. Device monitoring, procurement process improvement, and supply chain security are additional uses of blockchain technology in the sector.

  • Immersive Technologies
    With immersive technologies (AR, VR), security and defence firms/startups can create flexible and repeatable experiences, such as those used for combat or flight training. This experience augments traditional instructions and mission briefings, enhancing security and defence personnel readiness. In addition, with the use of this technology, Soldiers can access mapping data, movement markers, and other data using wearable glasses or augmented reality headsets.

  • Books

    • Battlegrounds: The Fight to Defend the Free World by H. R. McMaster
    • Legacy of Ashes: The History of the CIA by Tim Weiner
    • Blackwater: The Rise of the World’s Most Powerful Mercenary Army by Jeremy Scahill
    • The Art of War by Sun Tzu
    • Strong on Defense by Sanford Strong
    • Hacking: The Art of Exploitation by Jon Erickson
    • Cold Steel by Jim Grover

    Podcasts

    • War on the Rocks
    • Foreign Podicy
    • Blueprint
    • Security Clearance Careers Podcast
    • Intelligence Matters
    • The World of Intelligence
    • Angry Planet
    • The Spear
    • The Tea Leaves Podcast

    Events

    • NexGen Security
    • TT-SA
    • Cyber Security EXPO
    • InfoSec World
    • Cyber Security & Cloud Expo
    • Black Hat Europe
    • West African Cyber Security Summit (WACSS)
    • Securex West Africa
    • Nigeria Security Exhibition and Conference
    • Police Security Expo

    Movies/Documentary

    • The Hurt Locker
    • Drone
    • Hackers
    • Blackhat
    • Beasts of No Nation
    • Tears of the Sun
    • Kingsmen
    • Spy Game
    • Skyfall
    • Deep Web
    • The Great Hacks
    • Inside the Dark Web

    Publications

    • National Defense Magazine
    • Defense News
    • Defense One
    • Breaking Defense
    • InsideDefense.com
    • Defence Turkey Magazine
    • Security Africa Magazine
    • Military Africa

Telecommunication

Overview of the Telecommunication Industry

The telecommunications industry involves companies that make exchanging information by electronic means possible. It refers to all types of voice, data and video communication. It consists of telephone (both wired and wireless) operators, satellite companies, cable companies, and internet service providers.

The telecommunications sector consists of three primary sub-sectors: telecom equipment (the largest), telecom services (the next largest), and wireless communication.

  • Telecom Equipment:
    Telecommunication equipment was related initially to telephone network equipment, but it has since expanded to include more modern IT technology. This includes mobile devices and base stations, contact centre PBX equipment, IP telephony, and LAN and WAN networking equipment for traditional and enterprise networks. Enterprise networking equipment integrates consumer and commercial systems and technologies and private data, voice networks, and public switched telephone networks (PSTNs). Examples are Ericsson, ZTE, Huawei, Nokia Networks, Alcatel Lucent, and other telecom equipment management firms. In addition, companies that make devices, such as Apple, Samsung, Huawei, Infinix, Xiaomi, and others, are also in this category. This group also includes companies that provide the chips utilised in these devices.
  • Telecom Services Providers (a.k.a Mobile Network Operators)
    Telecommunications services include voice, text, and data services over a significant location. The most standard telecommunications service is phone service, which is done on either a wired or wireless standard. Other services may include the internet, television, and networking for businesses and homes. Developed companies even provide devices as a finance contract. E.g. AT&T, Verizon, T-Mobile, MTN, Airtel, Orange, Safaricom and Globacom.

  • Wireless Communications Service Providers
    Telecommunication and data transmission without wires are referred to as wireless. In a broad sense, wireless refers to any telecommunications or data transfer method in which signals are sent using electromagnetic waves rather than wires or cables. Customers can get wireless network solutions from companies in this area—for example, AT&T Mobility and Dish Wireless.

Traditional telephone calls are the industry’s biggest revenue generator. Thanks to advances in network technology, today, telecom has become less about voice and increasingly about text (messaging, email) and images (e.g. video streaming). In addition, high-speed internet access for computer-based data applications such as broadband information services and interactive entertainment is pervasive. Digital subscriber line (DSL) is the leading broadband telecom technology. 

Other companies from other industries like the banking industry play an essential role in the telecommunications industry. Also, companies that offer screen insurance and contract financing for phones, media, music, and the entertainment industry that provide VAS and OTT contents are players in telecom. Telecom is also a player in the industries mentioned above. They now offer financial services, entertainment with OTT content and VAS, and even digital advertising.

The fastest growth in this industry comes from value-added services (VAS) delivered over mobile networks. Value-added services add value to the standard service offering. As a result, subscribers use their phones more, allowing the operator to drive up their average revenue per user. Examples of VAS offered by telecom operators are Live streaming, Location-based services, Missed call alerts and voicemail box, Mobile advertising, Mobile money and M-commerce based services, Mobile TV and OTT services, Ring tones, Online gaming, Ringback tone (RBT and RRBT), SMS chatting and dating premium services, etc.

Graduate careers in the industry are Information Technology, Engineering & Technology and Marketing Communication professionals with the following roles unique to the INDUSTRY:

Telecom Researcher, Field Manager, Network Designer, Product Manager, Radio Frequency Engineer, Telecom Engineers, Network Manager, Customer Service Representatives, Telco Systems Managers, Equipment Installers and Repairers, Data Analysts and Data Scientists, Business Support, Marketing and Communications,

Some of the highest-paid technical roles in the industry are in telecom network analysis, administration, design, systems and operations.

Highest Paying Jobs

Antenna Engineer
Wireless Communications Engineer 
Ic Design Engineer 
Ic Engineer 
Telecommunications Specialist 
Telecommunications Specialist 
Cisco Unified Communications Engineer 
Fibre Design Engineer
Unified Communications Engineer
VoIP Engineer

  • Communication and Persuasion 
    The industry is very competitive, with many new technologies, devices, and products rolled out for consumers. Therefore, it is vital to communicate clearly and persuasively for a message to stand out and convince customers.

    Analysis & Problem-Solving
    Analysis and problem-solving skills help you figure out why something is happening and how to fix it. It is one of the most vital skills in the industry, especially those in technical and customer service positions. It includes determining the problem, developing solutions, implementing them, and assessing their effectiveness.

    Initiative & Enterprise
    The ability to quickly adapt to new situations and develop innovative solutions and ideas is referred to as initiative and enterprise. In a competitive industry like telecom, it is essential to have this skill to bring new ideas and innovations to the table.

    Planning & Organisation
    In any given role, it’s easy for a telecom worker to feel overwhelmed by information or work responsibilities. Therefore, being able to exhibit the ability to stay organised —even (and especially) under pressure—is highly valued in this industry.

    Networking & Teamwork
    The industry thrives on collaboration, as the telecom companies rely on working with other industry players. Therefore, individuals working in this industry must be able to work as a team with other professionals as this helps personal growth, increases job satisfaction, and reduces stress.

    Continual Learning & Adaptation
    The telecom sector is constantly changing. Each year, new technologies emerge that fundamentally alter the industry’s conventions and best practices. As a result, the ability to self-educate and swiftly acquire new information is critical for telecom workers. To stay relevant in your area, you must commit to lifelong learning.

    Self Awareness & Management
    Being self-aware allows you to see things from different viewpoints. This ability liberates one’s assumptions and biases while also developing better working connections with colleagues in the industry. It is a crucial ability because you’ll be interacting with people of different ethnicities who may not share your viewpoint.

    Creativity & Critical Thinking
    One of the implications of technology’s ongoing advancement in the telecommunications industry is the need to innovate and be creative. As a result, telecom employers want individuals who can think outside the box and occasionally go against their industry’s traditional procedures with creativity. 

    Professionalism & Industry Awareness
    Understanding and abiding by the workplace ethics of players in this industry is an important skill set to possess. It is also essential to know the trends in the industry as it allows you to identify and spot new opportunities.

    Digital Skills
    The industry generates a lot of data— big data especially. This can range from device data to personal customer data, which telcos can mine to create insights and optimise the service provided to consumers. So data science and analysis are essential skills to stand out in the industry.

  • You can work in this sector with any degree in this industry. Still, technical roles require having degrees like Computer Science and Engineering, Electrical Electronics, Telecommunication systems and computer networks, Applied Telecommunications and Network Engineering, Computer, Electronics and Telecommunications Engineering, Communication Engineering, Telecommunication systems and networks etc.

    Postgraduate degrees related to telecommunications include but are not limited to this:

    MSc in Telecommunication Engineering, Wireless Communications Engineering, Information Communication Technology, Global Navigation Satellite Systems, Electronics and Communication Engineering, 5G and Future Generation Communication Systems, ICT Innovation, Microelectronics of Telecommunications Systems, ICT for Internet and Multimedia, Communicative Electronics, Broadband Telecommunication Technology, Communication Engineering, 

    Telecoms, Engineering, Computing and Information Technology. Transition into a technical role in the industry with one of the certifications listed.

    Relevant Certifications include:
    Cisco Programmes (CCNA, CCNP and CCIE)

    Certified Telecommunications Network Specialist (CTNS)

    Master Technician certification is a professional-level, vendor-neutral credential offered by NCTI. 

    Certified Telecommunications Analyst (CTA)

    Certified Wireless Analyst (CWA) 

    Certified IP Telecom Network Specialist (CIPTS).

    Other certification programmes are offered by the Telecommunications Certification Organization (TCO).

The jobs with the lowest entry barriers are those in customer service. However, graduates from all professions are eligible for management and marketing positions.

Several network companies in this sector do not recruit for technical roles as most of their specialised services are outsourced for management to partners. However, those companies do such technical roles recruitment.  

There are internship opportunities with big telecom companies. However, internships for engineering students do not always provide the necessary skill required. However, suppose you’re looking for technical jobs or internships. In that case, you should look into network equipment and companies that provide telecom network support.

In this field, graduate recruiting opportunities are accessible and are advertised via traditional or social media. Staying in touch with these outlets will help you stay informed about job openings in this field.

Aptitude tests are conducted before the main interview in this industry because many people apply for positions. The aptitude test narrows down the candidates who best fit the available roles before moving to the interview stage.

Telcos are big organisations, but they rely heavily on SMEs as partners to distribute their products. Telcos in Africa outsource their technical services to management partners and rely on other small businesses as their technology partners.

You would typically work in teams that range from research and development, technical installation, sales and marketing to technical support, and possibly design and user experience specialists.

With several telecom companies operating as multinationals, frequent travel is required for some roles. 

It is a highly competitive and fast-moving industry that regularly changes product offerings and customer feedback, which is never late to follow.

Big companies that focus on networks, devices, etc., pay higher salaries than the industry average. These companies also provide benefits like insurance, work leave, teamwork, exposure to new technologies, career growth, etc.

It is a highly competitive industry. Staff are very mobile in the industry, i.e. they move from one company to another. Also, most technical roles are outside the office, i.e. they work outside the typical office space as they often work on-site. Customer Service, sales & marketing, management, Data Analyst roles, etc., work in the office and some work from home.

The typical work hours for a telecommunications administrator are from 9 AM to 5 PM, Monday through Friday, in an office setting. However, longer or different hours may, at times, be necessary.

International
International Telecommunication Union (ITU), GSM Association (GSMA) 
Institute of Telecommunications Professionals (ITP)

Nigeria
Association of Telecommunications Companies of Nigeria (ATCON), Association of Telecommunications Professionals of Nigeria (ATPN), Association of Licensed Telecoms Operators of Nigeria (ALTON), Internet Service Providers’ Association of Nigeria (ISPAN)

 

  • Global
    Strive Mayisa
    Mo Ibrahim
    Mike Adenuga

    Nigeria
    Segun Ogunsanya
    Bayo Adekanmbi

     

International
International Telecommunication Union 
African Telecommunications Union.
National Telecommunications and Information Administration
Federal Communications Commission

Nigeria
Nigerian Communications Commission (NCC)

 

This category includes network service providers (data, voice, message, internet services for customers), device manufacturing companies, and companies that make chips. Developed companies even provide devices as a finance contract. E.g. AT&T, Verizon, T-Mobile, MTN, Airtel and Globacom.

Global Companies
AT&T, Verizon, Virgin, Vodafone, GSMA, Huawei, Cisco, ZTE, Ericsson, Nokia Connectiviy Solutions, Telefónica, Deutsche Telekom, América Móvil, China Telecom, T-Mobile, Alcatel Lucent.

Satellite Operators
Iridium, Thuraya, Globalat, Inmarsat, ACeS, ABS, Singtel Satellite, Intelsat, Arqiva, Thaicom, EchoStar Satellite Services, Globecast.

Phone Makers: Apple, Samsung, Huawei, Motorola, Xiaomi, Oppo, LG, Lenovo, Vivo, Realme, Infinix, HMD Global Oy.

Service providers such as Helios and IHS.

African Companies/Startups

MTN Group, Vodacom Group, Telkom, Groupe Maroc telecom, blue telecom, Safaricom, Sonatel, Econet Wireless, Orange, Airtel, Eoh holdings, Orascom, Helios Towers, Tigo, Telecom Egypt, Mauritius telecom, Ethio, Inwi, Tunis Telecom, Etisalat, Ooredoo, Gabon telecom, Beeline.

Phone makers:
Transsion Holdings, Onyx Connect, Mara Corporation Limited (MCL).

Nigeria
MTN Nigeria, Airtel Nigeria, 9mobile, Globacom, Spectranet, FiberOne, Ciudad, Tizeti, MainOne, IHS Towers, Smile, Surburban, IpNX, Galaxy Backbone, 21st Century Communications, IPNX, Netcom. 

Phone Markers: Imose Mobile, Afrione, Pliris Mobile, Solo Phone.

 

    • Inadequate power supply 
      Inadequate power supply in the country has led to the high operating cost incurred by several firms across the nation in a bid to operate. The telcos are not excluded from this challenge as several network towers depend on generators to function. The use of shared infrastructure has been how the telcos are combating the issue.

    • Last-mile connectivity, especially in remote areas
      This refers to a gap between a broadband internet service provider’s infrastructure and a customer’s home or workplace. For example, it’s been a challenge for telecommunication service providers to offer high-speed bandwidth services to every subscriber in rural areas because of the high cost of laying and maintaining fibre optic cable. So instead, telecoms can use other technologies such as satellites for connectivity in remote areas. Or FWA, which uses radio waves to connect a Point-of-Presence cell tower and an external antenna located in the customer’s home or business.

    • Political uncertainty and higher tax costs from multiple taxations
      Multiple taxations coupled with political uncertainties have been a significant issue in the Nigerian telecommunication sector. This discourages investments, denies long-term government revenue, and destroys the foundations of future growth.

    • Value-Adding-Services (VAS) presents a lot of opportunities
      Markets with a lot of competition, such as the telecom industry, might be tough to navigate. The purpose of every business is to make a profit and maximise profits. When margins are tight, however, this can be problematic. Telecom companies frequently employ value-added services to boost demand for core services to get around this. Freebies, call and data plans, unlimited text messaging options, and extra data for specific websites or applications, are likely to be offered by your telecom carrier.

    • Political interference and regulations in certain countries
      There are several laws and regulatory bodies in charge of the telecom industry. The laws guiding this industry vary from one country to another. While the laws are good and telcos are abiding by these local laws, they can hinder the establishment of new players as they have to adjust to the laws in that country.

    • Health concerns, e.g. radiation
      WHO has conducted extensive research into the possible health effects of exposure to many parts of the frequency spectrum. All reviews have concluded that, as long as exposures are kept below the limits, such exposures have no known adverse health effects. This is recommended in the ICNIRP (1998) EMF guidelines, covering the entire frequency range from 0–300 GHz. In addition, various studies conducted over the last two decades have proved that radiation has no harmful effects as long as the exposure isn’t for an extended period.

Telcos are enablers or drivers of digital innovations through the infrastructure of connectivity they provide, mobile devices built by some players in the industry which are used as digital platforms, and they drive technology across several sectors.

Over the years, Telcos have evolved from Communication Service providers (CSPs) to Digital Service providers (DSPs) to keep up with digitisation and serve their customers well. The transition from CSP to DSP has helped them optimise virtually every business process and workflow to increase efficiency, speed, accuracy and productivity. However, the transformation also necessitates an organisational shift that embraces digitalisation throughout every aspect of company culture. As a result, there is room for software opportunities in the telco industry and more transformation to come in the future.

Transitioning to the cloud and the availability of technological tools has also increased the need for talents, especially those with cloud expertise and analysts. These specialists can leverage big data for insights and further value creation.

Here is some Digitisation in the Industry:

  • 5G Network & Technology
    The next significant improvement for telecommunication networks and gadgets is 5G technology. It offers significantly faster speeds than earlier cellular broadband network standards and lower latency. In addition, massive machine-type communications (mMTC) enabled by 5G networks allow the establishment of high-density IoT networks, ranging from IIoT to smart homes. Because of its vast range of applications, 5G is one of the most important technology trends in the telecommunications industry.
  • IoT
    Internet of Things helps telecom companies to monitor base stations and data centres remotely. This reduces the downtime for the network. One of the most everyday IoT Telecom use cases is asset management and remote system monitoring. With the integration of IoT technologies, telecom companies can connect their diverse physical assets to the cloud. In addition, they can remotely manage their operations, investigate malfunctions, run firmware upgrades, and keep track of inventory.
  • Big Data
    Telecom firms can collect large amounts of data and create data pools with IoT sensors in mobile devices and apps. The telecom industry then uses the obtained data to provide critical business insights and better understand client usage habits. In the end, telcos can use the information to improve customer service, evaluate new goods, and monitor and optimise the network. As a result, companies in this industry can use big data to strengthen their company and gain a competitive advantage.
    Argument and Virtual Reality
    AR and VR technologies in the telecom industry have been game-changers. For example, AR and VR solutions have been instrumental in reducing the time and money spent on telecom hardware inspection while also ensuring continuous and reliable operation.
    With the aid of Virtual reality, complex business data can be presented in a visually appealing manner.
    By giving remote specialists real-time access to the evaluated gear, augmented reality can raise the quality of telecom equipment inspections to new heights.
  • Edge Computing
    Instead of using a centralised remote cloud, edge computing puts data computation and storage closer to the data source. This reduces latency, increases bandwidth, and simplifies maintenance while allowing industrial manufacturing enterprises to increase computing capacity at reduced costs by connecting devices with edge data centres. In addition, Telecom players are using this technology to improve End-user experience and minimise data interchange requirements.
  • Artificial Intelligence and Machine Learning
    Other major digitisation in this sector includes artificial intelligence (AI) and machine learning (ML). The extraction of useful information from data collected by IoT sensors and devices is required for digital transformation. At the same time, the internet’s growth and complexity necessitate high speeds and low latencies, necessitating new internet connection management solutions. For this purpose, startups in this industry are creating AI solutions that address a variety of network performance issues.
  • Cloud Computing
    The widespread usage of IoT devices and the employment of more complex machine learning algorithms has resulted in a significant demand for computational resources. Migrating data, apps, and other business pieces to a cloud computing environment has numerous advantages. Cloud startups provide increased connectivity and integration options for organisations, including equipment, platforms, infrastructure, and company functions. Cloud integration technologies must be improved in all linked areas, from cities and factories to homes and automobile
  • Publications
    GSMA Publications
    NigeriaCom event
    Nigeria Communications Weekly
    Inside Telecom
    Telecompaper
    Total Telecom
    Light Reading
    Telecommunications Industry Association NEWS & PUBLICATIONS

    Books
    The Idea Factory: Bell Labs and the Great Age of American Innovation book.
    Wireless Wars by Jonathan Pelson
    Beyond Sputnik and the Space Race: The Origins of Global Satellite Communications by Hugh Richard
    The Victorian Internet: The Remarkable Story of the Telegraph and the Nineteenth Century’s Online Pioneers by Tom Standage
    The great telecom meltdown by Fred R. Goldstein
    Eccentric Orbit: the iridium story by Joe Bob Briggs

    Podcasts
    The Telecoms.com podcast
    NZ Tech Podcast
    User friendly
    Analysys Mason’s Podcast
    Telco in 20
    Avaya Podcast Network

    Events
    Digital Africa Conference Location: Online (https://www.digitalafrica.com.ng/
    NigeriaCom Conference Location: Online (https://tmt.knect365.com/nigeria-com/)
    Social Media Week Location: TBD (https://www.smwlagos.com/)
    Telecom World Africa: Online(https://www.terrapinn.com/conference/telecoms-world-africa/index.stm)
    Total Telecom Congress: London
    Connected Germany 2022
    SubOptic: Bangkok
    China International Internet of Things Exhibition
    Shanghai International Digital Signage System & Application Exhibition
    Annual Media & Telecom Conference: Canada
    SATELLITE Conference & Exhibition: Washington DC, USA

Transport and Logistics

Overview of the Transport & Logistics Industry

The transportation industry includes services such as moving people and products and transportation infrastructure. According to the Global Industry Classification Standard, transportation is a sub-group of the industrial sector (GICS). Air freight and logistics, airlines, maritime, road and rail, and transportation infrastructure are part of the transportation sector.

The Logistics Industry includes all activities involved in the movement of goods from one point to another. It covers supply chain activities such as; transportation, customer service, inventory management, the flow of information and order processing. Other activities include warehousing, material handling, and purchasing.

The transportation sector is a broader but related sector of the logistics industry. It involves services to move people and goods from one place to another. It covers airlines & airports, rail & roads, shipping & ports and posts & post offices.

The Transportation and Logistics industry has evolved over the years in many ways. For example, a part of the Transportation sector is the ride borrowing companies. Car rental companies purchase or lease several fleet vehicles and rent them to their customers for a fee, E.g. Hertz and Enterprise. Also, ridesharing companies such as Uber, Bolt, etc., that operate via websites and mobile apps and match passengers with drivers of vehicles for hire make part of this industry.

The logistics industry has also evolved from having only big conglomerates to including small/local logistics companies. This industry offers several services, from cross-country delivery to delivering and picking packages from people’s doorsteps.

The sector also contains information technology, business management, engineering, and statistics roles. Speciality areas in this sector include distribution logistics, which focuses on getting goods to customers; disposal logistics, which deals with waste transportation. Also, increasingly, digital logistics aims to improve efficiency using computer software and automation.

Changes in business earnings and transportation service prices significantly impact the transportation industry’s performance. Fuel prices, labour costs, service demand, geopolitical events, and government regulation significantly impact company profits. Because the price of the commodity directly impacts transportation costs, oil prices are a significant factor in transportation. Increasing gas and fuel prices will raise a trucking company’s costs, reducing profit and lowering its stock price.

This is an industry that hires a lot of people who don’t have a tertiary education. However, the bulk of management positions necessitates a bachelor’s degree, especially for large transportation corporations like airlines and fleets and logistics firms.

Careers and roles include but are not limited to the following:
Supply chain analysts/staff/manager, inventory manager, logistics/transport planner/manager, purchasing/procurement officer/manager, customer service, maintenance supervisor, distribution officer/manager, quality control and compliance, warehouse, freight coordinator, traffic analyst/planner, supply manager, trade coordinators, freight forwarders, transport planner, transport manager, logistics/distribution manager, transport engineers/technicians, cabin crew members, custom and immigration officers.

Highest Paying Jobs
The highest paying jobs in the industries include:
Logistics Operations Manager, Fleet Manager, Facilities Manager, Operations analyst, Supply chain manager, Operating officer, Logistics manager, Transportation Analyst, Logistics Engineer.

Communication & Persuasion
Because your job needs you to interact with individuals from various walks of life, from customers to coworkers and bosses, you must establish a positive relationship with everyone you interact with. Also, while working with clients, there is little to no space for miscommunication, so making sure you communicate effectively is critical.

Analysis & Problem Solving
While working in this industry, several challenges arise, like delayed product delivery due to traffic, increased service charges, and demanding customers. Therefore, analysing data is essential in this industry as it helps businesses understand their customer’s needs and where they need to up their game.

Networking & Team Working
Companies in the transportation and logistics sector are always goal-oriented, and individuals in this sector will have to collaborate with a wide range of people to reach these goals. As a result, strong teamwork abilities are required. You must realise that to get things done and achieve results, you must collaborate with other professionals. Every member of the team must be treated with respect and professionalism.

Numeracy & Financial Literacy
Being able to understand and work with numbers is an important skill to possess in this industry. As you interface with clients, using numbers for logistics becomes imperative. For example, basic knowledge of numbers and money is needed when communicating the price of services and taking customer orders. 

Planning & Organisation
Planning and organising skill is essential to ensure the highest service level performance. This skill is critical to planning effectively and organising to meet customers’ demands and give them a good customer experience.

Digital Skills: Modelling & Simulation and Data Analytics
The transport and logistics industry is highly data and technology-led, hence the need for workers to be digitally literate. Having digital skills like Digital Analysis, Modelling and simulation, Social Media management etc., would give you an edge in entering this industry.

It is an industry without a stringent focus on related degrees. Graduates with a 2:1 or 2:2 degree can apply for several opportunities in the field. However, for specialisation and postgraduate degrees, there are courses in Transport Management, Shipping and Maritime Studies, Procurement, Logistics and Supply Chain Management.

Anyone with substantial logistics experience is a strong candidate in the employment market for any organisation involved in sourcing, production, or delivery to customers.

The Association for Supply Chain Management (ASCM) is a non-profit international education organisation dedicated to improving workplace performance through certification programs, training resources, and networking opportunities.

Postgraduate degrees include but are not limited to the following:
MSc in Supply Chain Management and Logistics, Management, International Logistics Management, Intelligent Transport Systems and Logistics, Industrial Logistics Systems, Advanced Transportation Engineering (Certificate NDP), Transportation Policy, Operations, and Logistics, Transportation, Sustainable Transportation and Logistics, Transportation Management, Aviation and Transportation, Supply Chain Management, International Transportation Management, Port and Terminal Management, 

Certifications
APICS Certified Logistics, Transportation and Distribution (CLTD), APICS Certified Supply Chain Professional Certification (CSCP), Project Management Professional (PMP), SOLE Certified Professional Logistician (CPL), SCPro Council of Supply Chain Management Professionals (CSCMP), Certified in Transportation and Logistics (CTL), CERTIFIED TRANSPORT & DISTRIBUTION PROFESSIONAL (CTDP), Professional Certificate Program in Logistics for micro and small businesses – MYPES (LogycaX).

The industry is ubiquitous. It is highly competitive and can be tough to get a role in. It is an industry with several non-graduate positions where candidates with experience can favourably compete with fresh-out-of-school graduates. Hence, there is a need to stand out. Large logistics companies such as DHL and FMCGs such as Nestle have graduate schemes. The supply chain is one of the vital business areas that graduates can explore or build a career in during rotations during the graduate scheme. 

Advertised internships may be hard to come by. However, small and medium businesses and startups providing logistics and transportation services can arrange internship opportunities if directly approached for a place. Clearly stating what you can contribute improves your chances of getting an internship. You will also gain practical experience in local organisations and charities that distribute relief and products to beneficiaries. In addition, manual jobs such as warehousing and dispatching provide a beyond-the-office view of the industry.

The barrier to entry of starting a business in the industry is low. However, it is an industry with both many starters and failures. Creating a successful logistics business takes more than having a bike or van. You need to research and gain insights into your potential customers, the nature and frequency of deliveries and a pricing model that works for you and your customers. Several platforms are also democratising logistics service delivery. In addition, the rapid boom in the logistics and transport industry has led to more regulatory oversight in several countries.

Transport and logistics are one of the most prominent and most visible industries. It has many operators, companies, service providers, professionals and workers. Moreover, it is an industry with the active participation of not only logistics and transport companies but also companies in manufacturing and supplying goods. 

Daily tasks include coordinating transportation and delivery, managing costs for transporting goods and people, and ensuring time targets while communicating with customers and other players in the industry. As goods and people are always on the move, it is an industry that never sleeps.

It is a high-pressure industry. Dispatches have to be on time – hitches can result in a negative customer experience that can negatively affect a company’s bottom line. 

Despite the increased automation and digitisation in the industry, it largely remains an industry that involves a lot of fieldwork. 

Some roles require geographic mobility coordinating pickups, transportation and deliveries. Travelling is often necessary, even for those in management roles. Many professionals in the industry rely on mobile phones or other handheld devices for tracking the movement of goods and communicating with other staff.

 

International
Chartered Institute of Logistics and Transport (CILT)
Chartered Institute of Procurement and Supply (CIPS) 
Chartered Institute of Transport Administration
International Federation of Freight Forwarders Associations (FIATA)
The British International Freight Association (BIFA)
The International Air Transport Association, 
Association for Supply Chain Management (ASCM) 

Nigeria
Chartered Institute of Logistics and Transport Nigeria, National Association of Nigeria Travel Agencies, Air Transport Services Senior Staff Association of Nigeria, National Union of Road Transport Workers, Nigeria Association of Road Transport Owners, Professional Transport Officers of Nigeria, Road Transport Employers Association of Nigeria, Senior Staff Association of Communications, Transport & Corporations

 

Fadi Ghandour , Josh Sandler, Hennie Heymans

Nigeria
Obi Ozor, Frank Nneji, Chidi Ajere

 

International
International Road Transport Union (IRU)
International Chamber of Shipping (ICS)
International Shipping Federation (ISF)
International Union of Railways (UIC)

Nigeria
Federal Ministry of Transportation, Nigeria Railway Corporation , Nigeria Port Authority (NPA), Nigerian Institute of Transport Technology, Federal Airports Authority of Nigeria (FAAN), Nigerian Maritime Administration and Safety Agency (NIMASA), Federal Road Safety Corps (FRSC).

 

The transportation and logistics industry is a significant sector with industries embedded within it. Companies in the industry sector include vehicle manufacturers, car renting and sharing companies (automobile); train assemblers; shipbuilders, lines and freight carriers (maritime), aeroplane manufacturers and airlines (aviation).

Transport 
Averitt Express, Mediterranean Shipping Company S.A, Aeroexpress, Auto AG Rothenburg, Azienda Trasporti Milanesi, China Motor Bus, Citybus, Crown Coach Corporation, Donric Group, Dot2Dot, Fosen Trafikklag, Gifu Bus, East Japan Railway, Lufthansa Group, United Airline Holdings, SNCF Group, La Poste, American Airlines Group, Delta Airlines, Deutsche Bahn, Deutsche Post DHL Group, Metro Transit (Halifax), GO Transit, London Transit Commission (LTC), ABQ RIDE, AC Transit, River Valley Transit, Australian Transit Group, Murrays, Premier Transport Group, Red Bus Services, Westside Bus Company, Trans North Bus & Coach, Enterprise-Rent-a-Car, Hertz, Avis, Sixt, Uber, Lyft, Bolt, Toyota, Ford, Alamo, Budget, Sixt, Avis, National, Dollar, Thrifty, Payless, Uber, BlaBlaCar, Scoot, MOIA, Via, Uber Freight, Convoy, Transfix.

Logistics
Gulf Agency Company, DHL, FedEx, Seko Logistics, UPS, FedEx, A.P. Moller-Maersk, DB Schenker1, NYK Group, Kuehne+Nagel, Mediterranean Shipping Co, Union Pacific, Burlington Northern Santa Fe, MOL, CMA CGM, Nippon Express, Yamato Holdings, China COSCO Holdings, K Line, SNCF Geodis1, CSX, Bolloré, Norfolk Southern, Sagawa (SG Holdings), Canadian National, C.H. Robinson Worldwide2, Neptune Orient Line, Hanjin Shipping, TNT1, CEVA, Logistics1, Toll Holdings, Hapag-Lloyd, DSV1, Sinotrans, DPD / GeoPost1, Hyundai Merchant Marine, Panalpina1, Hamburg Süd, Hitachi Transport, Orient Overseas International, Expeditors International, Canadian Pacific, Dachser1, Con-way, China Shipping Container Lines, J.B. Hunt, Norbert Dentressangle, YRC Worldwide, Rhenus3, Agility, GEFCO4, UTi Worldwide, Yang Ming Marine Transport, Ryder, Penske, Lineage logistics, Skynet Worldwide Express, Agility Logistics, Wincanton, Clipper Logistics, 

Startups
Kobo360, Sendy, DHL Africa, Nationdelivery, Swvl, Lorisystems, Halan.

Nigeria
ABC Transport, GIGM, God is Good Motors, ITC, Chisco Transport Company, Young Shall Grow Motors Ltd, GUO Transport, Cross Country Motors, Ifesinachi Transport Ltd, Peace Mass transit, Bonny Way Motor, Benue Link, Peace Mass Transit, Bonny Ways Company, Efosa Express, Iyare motors, Libra Motors, E.Ekesons Transports, Delta Line Motors, Efex Transport, Uber, Bolt, Taxify, Gidicab, OgaTaxi, RideMeTaxi, RideOn, Pair.

Train Companies
Nigerian Railway Corporation

Airlines 
Air Peace, Dana Air, Arik Air, Aero Contractors, First Nation Air, Azman Air, Overland Airways, Max Air, Allied Air, Ibom Air, Aero Contractors, Mid-View Airline, Dornier Aviation Nigeria, Kabo Air, Associated Aviation, Allied Airlines, Azman Air, First Nation Airways, TAT Nigeria, IRS Airlines, West Link Airlines. 

Logistics
Gig Logistics, Derron Group, Fortune Global Shipping, Professional Shipping & Logistics, ABC Cargo Express, AGS Worldwide Movers, Redline Logistics Nigeria Limited, Confidence Cargo Limited, Aerologistics, Cross Country Limited, AB Logistics, Zenith Carex, Valuehandlers Int’l Limited, Courier Plus, Fortune Global Limited.

 

  • The poor state of transport infrastructure in developing countries
    The poor transport infrastructure in these developing countries is alarming and calls for an urgent intervention to boost the countries’ economies. There is little to no investment in water transportation systems in developing countries. There is a need to embrace innovative financing mechanisms such as PPP (Private-Public Partnership) arrangements to build state of the heart transport infrastructure.

     Last-mile delivery to remote areas
    Delivering products to remote areas of the country has been a major challenge for logistics companies. Many of these areas are far from ports, have bad roads or are detached from the city. As a result, drones are being used for last-mile delivery to remote locations, which has proven more effective and saves cost.

    Lack of connectivity across borders and integration across countries, especially in Africa
    Most African countries lack favourable conditions for regional integration to succeed, and leaders make little effort to create such conditions. Therefore, aside from the frequently noted issues of corruption, instability, undemocratic rule, and civil unrest, ensuring easy access and improving proximity between economic agents within Africa to the market will further boost the productivity of this sector.

    Underutilisation of trucks on to and fro trips
    The underutilisation of trucks on to and fro tips has been a challenge in this sector. Trucks are often filled/full with goods, loads etc., at the take-off point till the goods/loads they carried are delivered to their destination but often return to the port empty.

    Heavy dependence on road transport in some African countries 
    In some African countries, the major means of transport is by road as there are no waterways, and the cost of transportation by air is expensive. Using the road as a major means of transport comes with its challenges, coupled with the fact that most of these roads are in poor condition. Some African countries are investing in trains in response to the poor transport network to boost the country’s economy.

    Poor addressing systems make logistics difficult. 
    The poor addressing systems in some regions/countries are taking a toll on this sector. For example, logistics and transport companies that rely solely on an address to get customers to a destination or deliver goods are having difficulties due to this. There are digital addressing systems tackling this, like Google Maps, which helps with addressing and gives people the access to register location problems. However, there is still a long way to go.

    Road accidents are a significant killer in many countries
    The transportation sector in many countries accounts for major accidents. Many factors caused this, from drivers’ recklessness to brake failures, bad roads, non-adherence to rules, etc. This is a significant concern in several countries, which has led to the creation of several agencies and bodies to keep the 

    The welfare of gig workers in logistics
    Most of the time, gig workers work as freelancers with companies, and using their services saves companies revenue. But often, aside from the basic salary or agreed price for services, most companies have no other benefit to offer to their gig workers. The safety of gig workers has also been a concern as the level of insecurity increases.

Digital addressing systems in areas with a terrible street numbering system
With the most recent geocoding technology available, digital addressing is a cutting-edge and revolutionary method of assigning addresses within a restricted area. In addition, this addressing method is remarkably durable since it endures the test of time regardless of changes in environments and borders.

Transport and logistics vessels tracking with the Internet of Things
Deliveries between production facilities, vendors, and customers can be tracked using IoT technologies. A business can analyse the data generated by tracking and tracing deliveries. The analysis can predict consumer preferences, discover patterns, and then look for any potential supply chain breakdowns while increasing customer satisfaction.

Blockchain for supply chain contract management
Supply chain companies are using blockchain to enable smart contracts, increase trust from clients, and make all digital payments safer. In addition, blockchain implementation in this industry can make audits more transparent and improve security as it can help track fraudulent activities faster.

3D/4D Printing to reduce the burden on transport and logistics systems
The introduction of 3D/4D technology has been a significant technological advancement in this field. On-site manufacturing of items has become possible thanks to 3D/4D printing. It has decreased the necessity to export finished goods while transferring transportation loads to lower volume raw materials.

Autonomous Vehicles
Autonomous vehicles can operate without human intervention and are expected to aid the transportation sector in navigating traffic congestion, improving driver safety, reducing carbon emissions, and lowering total transportation costs. Autonomous vehicles will be safe and dependable by 2025 and may be commercially available in many places by 2030.

Robotic Process Automation
To meet the delivery demands of modern clients, fulfilment centres can no longer rely on manual and outdated operations. Such automation, which employs current machine learning algorithms, will aid in eliminating manual chores, improving after-sales service, and alleviating labour shortages. These improve customer experience and enable corporate agility.

Drones for last-mile delivery to remote areas with experimentation in eCommerce
As last-mile delivery becomes increasingly difficult and expensive, logistics businesses turn to drones to make deliveries. As a result, drone delivery will become a popular option for firms in this market looking to improve the efficiency of last-mile delivery while lowering costs.

Ridesharing and carpool services powered by internet technologies
Gone are the days when getting a car to your location required going to a traditional bus/car station. Instead, people can now use internet technology to order a car with a pickup and drop-off location through firms like Uber, Lyft, and others. Also made feasible by IoT technology is the sharing of car journeys. It allows more than one person to travel in a car and eliminates the need for others to drive to a spot themselves.

Predictive analysis and intelligent transport systems with big data
Big data analytics aid the public transportation sector in accurately forecast passenger numbers and expectations. Companies can build system-based sales projections using big data analytics. Transportation and logistics companies can use the knowledge from the data to establish sales tactics and improve their services.

Optimisation of supply chains with big data
Using big data to optimise supply chains helps deliver things to customers at the lowest possible cost and profit. Big supply chain analytics employs data and quantitative methodologies to improve decision-making across the supply chain: from planning and scheduling to inventory planning and development, demand and supply planning, and everything in between.

  • Publications
    Talking Logistics
    Supply Chain Brain
    Logistics Manager
    Logistics Management
    Urban Transport Management
    Intelligent Transport

    Books
    Overnight Success; Story of FedEx by Vance Trimble

    DHL: From Startup to Global Upstart

    The Long Haul: A Trucker’s Tales of Life on the Road

    The Box: How the Shipping Container Made the World Smaller and the World Economy Bigger by Marc Levinson

    Changing How the World does Business by Roger Frock

    Dynasties of the Sea by Lori Ann Larocco

    Transportation Transformation by Evangelos Simoudis

    Boeing VS Airbus by John Newhouse

    Bikenomics by Elly Blue

    Events
    International Conference on Supply Chain Management
    International Conference on Tourism, Transport and Logistics (ICTTL)
    Intermodal Africa
    SAPICS Conference & Exhibition
    International Conference on Human Factors in Transportation
    Transport Evolution Africa Forum & Expo
    African Aviation Summit Air Finance Africa Conference & Exhibition
    Logistics, Transport And Port Management Conference

    Documentaries/Movies
    Cast Away
    Wall-E
    On the Waterfront
    Iron Man 3
    Source Code
    Living in the Age of Airplanes
    The GRID Logistics Story
    The Transporter 
    UPS/FedEx: Inside the Package Wars
    Future Logistics

    Podcasts
    The Logistics of Logistics
    Talking Logistics
    Wonder of Logistics
    Leaders in Supply Chain and logistics
    Autonocast
    CIHT Podcast
    Transportation Commission Podcast
    Overdrive

Waste Management

Overview of the Waste Management Industry

The waste management industry comprises workers, companies and government agencies that collect, transport, and dispose of garbage, and sewage, including other waste products from homes, offices, public spaces and industries. It extends to the treatment of solid waste and the disposal of products and substances safely and efficiently.

Waste management involves all types of waste, including solid, liquid, or gas. Waste management deals with municipal, industrial, and hazardous waste. 

Municipal wastes are residential waste and non-hazardous waste generated in towns and cities. It includes garbage from houses, including bulky waste, equivalent waste from businesses and industry, office buildings, institutions, and small businesses, yard and garden waste, street sweepings, the contents of litter containers, and market cleaning waste.

Industrial waste is waste produced by industrial activities. It includes any material rendered useless during a manufacturing process, such as that of factories, mills, and mining operations. Industrial waste can be everything from soil and gravel to masonry and concrete to scrap metal, oil, chemicals, solvents, and even food scraps from restaurants. Industrial waste can be solid, semi-solid, or liquid. It could be non-hazardous waste or hazardous waste, some of which are toxic.

Hazardous waste is generated in pharmaceuticals, medicals, chemicals, and paint manufacturing industries. Materials that are poisonous, reactive, ignitable, corrosive, infectious, or radioactive are considered hazardous wastes. These include radioactive materials like isotopes of cobalt and iodine used in cancer treatments, chemical waste from industrials, infectious trash like hypodermic needles, discarded bandages from the health sector, etc. Depending on the material, processing, storing, and disposing of hazardous wastes presents a unique approach.

The collection and disposal of waste are the main tasks carried out by the waste management sector. 

Waste collection services include sorting, storage, and transportation of waste. Collection agencies provide services that involve moving solid trash from the place of use and disposal to the point of treatment, recycling or landfill.

Disposable services, however, pertain to anaerobic digestion, recycling, composting, and separating the waste into several landfills. Companies in this segment see how waste gathered is treated to reduce environmental impact.

One of the major contributions of this industry is the recycling of waste and reducing the impact on the environment. Waste recycling involves collecting waste materials and separating and cleaning up those materials. In addition, waste recycling implies that fewer new products and consumables must be produced, saving raw materials and reducing energy consumption.

A production and consumption paradigm known as the “circular economy” emphasises sharing, renting, reusing, repairing, and recycling old goods for as long as possible. The life cycle of items is extended in this way. In actuality, it refers to minimising waste. When a product is no longer useful, its components are, whenever possible, preserved within the economy. These can be productively applied repeatedly, adding more value. The standard, linear economic paradigm, built on a take-make-consume-throw-away cycle, is disregarded. This concept depends on many inexpensive, readily available energy and materials.

Graduate careers in the industry are Science & Technology and Engineering & Technology professionals, with the following roles unique to the industry:
Waste Management Officer
Environmental Health Officer/Consultant
Recycling coordinator/officer/program manager
Routing and Logistics manager,
Sustainability Specialist,
Facilities Management,
Environmental & Safety Manager/Consultant,
Station Management,
Site Supervisors and Plant Operators,
Sustainability

The highest paying jobs in the industry are: Landfill Operations Manager, Waste Management Engineer,  Account Executive, Waste Management Engineer, Tech Support Analyst, Data Analyst, Sanitation Supervisor, Hazardous Material Specialist, Hazardous Waste Technician, Solid Waste Engineer, Recycling Technician.

  • Communication & Persuasion 
    This is an essential skill as you might be part of several campaigns and talks on best waste management practices for a healthy environment. You should be able to communicate clearly to people orally and in writing to convince them to change their habits and contribute to a clean environment.

    Planning & Organisation
    Planning and organising are crucial to managing waste properly in this industry. Good organisational and planning skills will boost your efficiency/success rate while working with other professionals or while you manage a project. This also involves your ability to oversee and manage processes and people.

    Initiative & Enterprise
    Taking the initiative when you spot new opportunities is essential for your career growth and the success of your organisation. Taking action when you spot opportunities will contribute to your company’s success and career growth and promotion.

    Creativity & Critical Thinking
    Creatives will need to assist launch campaigns that will grab people’s attention and educate them as the industry moves through stages of evolution to enhance service quality, develop policies, and educate more people about the need for safe waste disposal. Critical thinking abilities are also required to suggest optimal waste management practices.

    Continual Learning & Adaptation
    Changes in government legislation, technology advancements, and a new work paradigm impact the waste management business daily. Therefore, one must stay abreast of recent trends. In addition, one must be adaptable enough to apply the knowledge acquired to keep up with the industry’s continuing changes, remain relevant, and make money in this field.

    Digital Proficiency; data analysis and content development
    Data analysis skills will be in high demand in the coming years as the industry will have to make informed decisions from data. Also, suppose you can write/develop informative and educational content. In that case, your skill will be of use in this sector to help the industry communicate with people. Therefore, you can also up-skill in these areas.

  • The industry is open to graduates from all fields, and waste management companies are not known to have stringent entry requirements. However, for technical roles in the industry, such as management of industrial waste, degrees in Waste Management, Environmental science, Environmental Engineering, Chemistry, and Industrial Chemistry may be more relevant.

    Relevant postgraduate degrees are in fields such as:
    MSc in Environmental Management, Waste & Resource Management, Environmental Pollution Control, Environmental Engineering and Sustainability Management, Water Resources Management, Environmental Consultancy, Nuclear & Environmental Physics,  Environmental Health, Nuclear Decommissioning and Waste Management, Water and Wastewater Engineering, Water, Waste and Environmental Engineering with Industrial Practice.

    Relevant professional certifications are in:
    Health Safety & Environment (HSE) 
    Environmental Management
    International Waste Management.
    Project management is also beneficial.

The waste management industry offers graduates several career opportunities, especially in advocacy, citizen education and consulting. In addition, quite some new companies in the waste management industry, especially recycling, operate as social enterprises as volunteer initiatives which offer the quickest entry into the industry. 

To find graduate employment in this area, you may consider working with public agencies responsible for waste management and private organisations.

Numerous opportunities include recycling, popularly known as waste to wealth, plastic waste recycling, and e-waste. However, it is an industry where having frontline experience in waste management provides an advantage. Qeeva provides an excellent resource for anyone willing to start a waste management business. 

Tips for starting a business in this industry
The waste management business is vast and comprises small and large companies. Hence, to get started, you should pick a field you want to specialise in, from Toxic waste management to Nuclear waste management to Municipal waste management, etc. Every area in the industry requires different means and modes for the waste-recycling process. 

Starting a waste management company in Nigeria requires capital. Therefore, you should do your homework before beginning to determine how much money you will need to launch your firm. To start a business, you must first select how much it will cost and then research the laws in your state. Ensure you also consider the price of getting licenses, permits, registration, etc. 

The next thing to do is register your business. Again, it is advisable to get a lawyer involved to enlighten you on the options you have at the point of registration. 

Next is to research the areas where you want to locate your business, set up your office, and get a dumpsite to operate with. When deciding which locations your business will serve, consider crucial factors like the population, the average income of the residents, the area’s accessibility by motor vehicle, etc. This will help you determine your target audience and those you’re trying to reach and will inform your business structure.

Next is to get licensed to practice. A government-issued license is required to run a waste management business, which is another crucial point to remember. Make sure you know the standards needed to obtain approval in your state, as waste management company regulations vary from one state to the next. The Ministry of Environment and appropriate organisations can help you in most states obtain a waste management license and other required operation permissions.

After getting your license, the next thing to do is market your business. When promoting your services, be clear about your intentions for creating a business, why your enterprise is unique, the features it will offer, the cost, etc. Next, market your company by visiting the area you want to serve. Inform people that you will be providing waste management services to assist them and that you value referrals. Next, contact various landlord associations and offer incentives for recommendations. You can also market your services through digital campaigns on the internet.

Finally, just as there are opportunities in this sector as a business owner, you must face challenges to succeed.

As a graduate, working in the waste management industry most likely places you in a managerial, planning, or professional role. To do this, you will interact with members of the public, local government officials (if you work for a private waste management company), local communities, and production or industrial organisations. The creation of plans for new and ongoing garbage reduction/collection projects, as well as organising their implementation, are additional job duties for graduates. It involves managing frontline employees (including waste collectors, drivers, equipment operators, and plant staff). It also entails collaboration with other environmental specialists and professionals for advocacy and outreach programs to inform/educate the public about waste management for compliance and health.

The industry’s cycle of operations includes everything from waste collection and transfer to waste sorting. It also covers everything from recycling—the creation of brand-new products—to the landfill-based final disposition of garbage that cannot be recycled or repurposed. 

Workers in this industry work typically from morning till evening, and sometimes night shifts might be needed to meet demand. Also, some companies don’t observe public holidays except the major ones as they might have a load of work to do.

Waste-to-Wealth projects are on the rise due to the waste management sector expanding to include recycling as a critical business component.

International
International Solid Waste Association (ISWA)
Food and Beverage Recycling Alliance,
E-waste Producers Responsibility Organization (EPRON)
Chartered Institute of Wastes Management 

Nigeria
Waste Management Society of Nigeria, Association of Waste Managers of Nigeria, Waste Management Society of Nigeria (WAMASON)

 Organization.

  • International
    Lorna Rutto
    Harry Wayne Huizenga Sr

    Nigeria
    Isaac Durojaiye Agbetusin a.k.a Otunba Gaddafi, Prince Kwame Agbata, Bilikiss Adebiyi-Abiola, Ossai Reuben Mustapha

     

International
United Nations Environment Programme (UNEP)
United Nations Industrial Development Organisation (UNIDO)

Nigeria
National Environmental Standards and Regulations Enforcement Agency (NESREA)
Most countries like Nigeria have a decentralised state authority for managing waste within each state. For example, the Lagos State Waste Management Agency (LAWMA)

 

Global 
The nature of the industry requires feet on the ground. Most facility management companies have a regional focus, with some focused on operating in specific local communities. However, there are speciality firms with an international presence. 

These companies include Clean Harbors, Covanta, Waste Management Inc (WMI), Hitachi Zosen Corporation, Remondis, Suez Environnement, Daiseki Co, INCINER8, Tana Oy, Enevo, Rubicon and Veolia Environnement SA. Waste Management International, Republic Services, Advanced Disposal Services, and Biffa Group are leading companies in country markets.

Africa
The industry requires an active foot on the ground; most facility management companies have a regional focus, with some focused on operating in specific local communities. Regional leaders include Hinckley Group (e-waste), SGS Renovo, Recyclan, Mr Green Africa, WestAfrica ENRG, Appclyclers, EcoPost of Kenya (paper recycling), Zanrec (Tanzania) and South African Environserv, Averda, Interwaste and WasteMart, Kudoti.

Nigeria
The Initiates Plc, Alkem Nigeria Ltd, WeCyclers, Waste Point, Capegate holdings, Del Waste Management Company, Universal Care Nigeria Ltd, Fedoz Nigeria Ltd, Street Waste Company Limited, Recycle Points, Ecoprune, Agoa Waste Management Company, Chanja Datti, Environ-Waste, ZL Global Alliance, Engineering and Environmental Management Services and Pearl Recycling. The startup in Nigeria is OkwuEco.

 

  • Low private sector participation and investment in infrastructure despite rapid urbanisation

    The lack of private sector engagement and investment in infrastructural facilities that can help this industry improve the quality of services it provides is another issue it faces. Government agencies have played a significant role in this business, with few private companies participating. However, governments and the private sector are using public-private partnership efforts to invest in and build infrastructure to advance this sector.

    Residents burn waste or dumping refuse into water bodies
    Each year, billions of tonnes of waste are burned in open, uncontrolled fires worldwide. Numerous additional solid and liquid wastes are dumped in water bodies, seriously impacting the environment and human health. The industry is educating people about correct waste disposal methods and promoting proper product recycling to stop the uncontrolled burning and dumping of waste in water bodies.

    Lack of technical expertise in waste management and scarcity of data on the industry
    The shortage of qualified experts has resulted in negligence and a lack of accountability, preventing the industry from progressing. This industry has performed poorly because there is a lack of information on several specific processes. Companies in this sector are now training and hiring individuals through graduate programs to end the lack of competent labour cycle. Graduate programs offer a chance to educate graduates and give them the tools they need to succeed in the field.

    High capital outlay of waste to wealth technologies
    Waste to wealth is turning garbage into a valuable product to create riches. However, waste-to-wealth technologies are costly, and their adoption in Africa is progressing slowly. Increased adoption of these technologies will result from encouraging private investment to support this initiative.

    Africa is becoming a dumping site for e-waste from developed countries
    E-waste is increasingly being dumped in Africa (Electronic waste or e-waste describes discarded electrical or electronic devices). Loads of electronic garbage from microwaves, laptops, and other devices are piling up throughout the African continent. Governments are prohibiting the import of e-waste from other nations to reduce the buying of e-waste. The advent of Buy Now Pay Later, or the Pay-as-you-go scheme, is also shifting the demand for used items as people can now buy quality products and pay for them later.

    Low Standard Recyclables and Safety Issues
    Geographical characteristics affect recycling standards because quality differs by area. In addition, the waste management industry has faced several safety issues over the years. Combustible materials, chemical disposal, machine-related risks, and moving parts are only a few of the problems that seriously threaten society. Despite efforts to lessen the problem, it remains a top worry for the environment and the workforce. Regular audits of the affected areas and involving stakeholders in those regions will help solve these challenges.

Smart Trucks
There are smart trucks that can collect data about waste collection in real-time to optimise collection rounds. They have sensors that can measure the air quality, produce thermographic maps of the city, and show the levels of energy loss of buildings. 

Use of Mobile Apps
Smart waste collection technology like mobile apps connects waste individuals and homes to waste collectors with options for bidding. In addition, waste management companies are using this technology to improve service delivery and help reduce unproductive trips to customers’ locations.

Product lifecycle management (PLM)
The process of managing a product’s lifecycle, from conception to manufacturing, sales, support, and eventually retirement, is known as product lifecycle management (PLM). PLM software aids businesses in the development and marketing of new products as a technology. The software makes it simple to track and share data, along the whole value chain of a product, from initial design to production, supply chain management and operations, and asset maintenance.

AI Recycling Robots
To increase efficiency and decrease the need for human workers, these robots powered by artificial intelligence (AI) are made to recognise and sort recyclable items properly. This helps divert materials that might otherwise wind up in landfills, saving recycling facilities money and time. The use of recycling robots has also helped fix the lack of workers in this industry.

Waste Level Sensors
High-tech sensors are made available through the Internet of Things (IoT) and cloud computing, enabling waste management organisations to improve hauling routes and time information. Companies are placing waste level sensors in bins or dumpsters of any size to help reduce pointless journeys to and from landfills. These gadgets gather and store information on fill levels, enabling collection agencies to forecast the frequency of bin emptyings and preventing the overflowing of public containers.

AI-enabled smart waste Bins
The smart waste bin automatically uses artificial intelligence-based object recognition to sort recyclables into separate compartments. The waste is compressed after sorting, and the system keeps track of how filled each bin is. This technology eliminates human mistakes from the initial sorting process, speeds up and simplifies material processing for recycling facilities, reduces waste management expenses by as much as 80%, and significantly boosts staff productivity.

  • Publications
    Waste Today Magazine
    DW’s Eco Africa
    Let’s Recycle
    Resource Magazine
    Environmental Expert
    Recycling Today
    Waste Dive

    Movies
    Flushed Away (2006)
    Trashed
    Biùtiful cauntri
    Wall-E
    The Clean Bin Project
    A plastic ocean 

    Events
    African Waste Management Exhibition & Conference
    Nigeria Waste to Wealth Expo
    Global Waste Management Virtual Conference & Exhibitions 
    Waste & Recycling Expo – Canad
    International Water Conference
    Africa Sustainable E-Waste Conference And Expo
    International Conference on High-Level Radioactive Waste Management (ICHLRWM)
    International Conference on Waste to Energy Systems, Energy Supply and Waste Management (ICWESESWM)

    Podcasts
    Nothing Wasted
    Trash Talk
    DW’s Eco Africa
    Recycle Bin
    Marketing4Waste

    Books
    Industry 4.0 and Circular Economy
    Solid Waste Analysis and Minimisation; A Systems Approach
    Zero Waste: Management Practices for Environmental Sustainability: Management Practices for Environmental Sustainability
    Sustainable Solid Waste Management
    Emerging and Eco-Friendly Approaches for Waste Management
    What a Waste 2.0