providing solutions to challenges of the 21st century
The author challenges the notion that speed and distance are opposites, advocating for a unified approach to tackling systemic issues like counterfeit drugs, financial exclusion, and energy poverty. By sharing resources across ventures, the author demonstrates how diverse projects can coexist under a single trust architecture, leading to significant impact and financial success.
In 2016, Adebayo Alonge founded RxAll, initially developing an AI-powered spectrometer to combat counterfeit medications. Despite early struggles, a pivot during COVID-19 turned RxAll into a comprehensive pharmacy workflow platform, enhancing success and profitability. By addressing pharmacies' operational needs, adoption surged from 5% to 92%, solidifying their market presence.
Trust is a system that can be structured for effectiveness, yet institutions are struggling with public skepticism. Compliance-driven approaches fail to address underlying trust issues. Successful solutions redesign systems for transparency and verification, improving adoption and building credibility. The future favors those who establish robust trust architectures over mere reputational marketing.
The reflection on Jacqueline Novogratz's The Blue Sweater critiques the development industry's approach to poverty, highlighting its failure to acknowledge cultural exploitation and privilege dynamics. While it values moral imagination and distributed leadership, it emphasizes that true poverty requires more than market solutions; it needs cultural change alongside economic intervention for effective alleviation.
The last AI wave wrote copy. This one runs companies. In this edition I unpack GPT-5’s impact on African founders: collapsing cost curves, multilingual-by-default products, and moats built on trusted local data. You’ll get 7 plays to close the gap (edge-first design, data commons, compliance-as-UX), 5 launchable business models, and a vendor checklist to stay regulator-ready.
Businesses should engage with politicians so as to ensure viable policy environments for their businesses to grow. As a small buisness owner how will you work with politicians to grow your business? Tell me in the comments. https://youtu.be/dguyzOLDJQc?si=N-CtEwDcwAAeG7Jy
Happy New Year! GeoPolitics will present a major risk to scale up startups in 2024. What should entrepreneurs and small businesses do to ensure their businesses thrive in this era of increased geopolitical tensions? Let me know your thoughts in the comments. #entrepreneurship #smallbusiness #africa #geopolitics #adebayoalonge https://youtu.be/IbsXGhIP9iU?si=m_esCPRlOsj4J__a Businesses will need to navigate geopolitics in … Continue reading Geopolitics is major headwind for business in 2024
In order to solve the fraud in the Carbon offset market,there should be a global registry of all exisiting trees globally which should be managed under a public program. The private sector should have its own registry for trees it helps plant.
The African continent, given its young demography, large diaspora, propensity for cross-border trade and volatile local currencies, is well positioned to exercise soft power to drive innovation, as well as benefit from Web3 technology. In this article, Sam Ade Alonge (Founder/CEO of Storspay) shares his insights from the State of Web3 report published by Emurgo Africa, in collaboration with PwC.
Adebayo Alonge will be speaking at the 2020 King's College London Fight the Fakes Week. He will discuss the impact of falsified medicines on Africa's peoples and healthcare systems. He will dissect the role RxAll is playing to solve this problem. And propose how other entrepreneurs can also join the fight.
