Iroko TV Founder, Jason Njoku & CEO of Bakrie Delano Africa, Ladi Delano make Forbes Magazine’s ‘Ten Young African Millionaires To Watch’ Lis

Two Nigerians, Ladi Delano, the restless 30 year-old founder and CEO of Bakrie Delano Africa, a $1 billion investment vehicle committed to making acquisitions in Nigeria’s mining, energy and agriculture sectors; and Jason Njoku, the 31 year-old founder and CEO of Iroko TV have made the recently released Forbes Magazine ‘Ten Young African Millionaires To Watch’ list.

According to Mfonobong Nsehe, a Forbes Magazine contributor who compiled the list, it consists of a handful of young Africans in their 20s and 30s who have built businesses and amassed enviable million-dollar fortunes. While some are corporate animals; others are empire builders.

There are thousands of young and immensely successful entrepreneurs across the African continent. There’s a growing number of Africans aged 40 and under who are legitimately amassing multi-million dollar fortunes. They don’t inherit stuff; they build it themselves.

The list comprised of:

• Mark Shuttleworth, 38, South African, Founder, Knife Capital
• Ashish Thakkar, 29, Ugandan, Co-Founder and CEO, Mara Group
• Ladi Delano, 30, Nigerian, Founder and CEO, Bakrie Delano Africa
• Justin Stanford, 28, South African, Founder & CEO, 4Di Group
• Magatte Wade, 36, Senegalese, Founder, Adina World Beat Beverages & Tiossan
• Mike Macharia, 36, Kenyan, Founder & CEO, Seven Seas Technologies
• Vinny Lingham, 33, South African, Founder, Yola Inc
• Kamal Budhabatti, 36, Kenyan, CEO, Craft Silicon
• Yolanda Cuba, 35, South African, Executive Director, South African Breweries
• Jason Njoku, 31, Nigerian, Founder & CEO Iroko TV

Here’s what Forbes had to say about the two Nigerians on the list:

Ladi Delano
The jet-setting Nigerian serial entrepreneur made his first millions as a liquor entrepreneur while living in China. In 2004, at age 22, he founded Solidarnosc Asia, a Chinese alcoholic beverage company that made Solid XS, a premium brand of vodka. Solid XS went on to achieve over 50% market share in China and was distributed across over 30 cities in China, and pulled in $20 million in annual revenue. Delano subsequently sold the company to a rival liquor company for over $15 million and ploughed his funds into his next venture-The Delano Reid Group, a real estate investment holding company focused on mainland China. Today, Delano is the co-founder and Chief Executive Officer of Bakrie Delano Africa (BDA) – a $1 billion joint venture with the $15 billion (market cap) Bakrie Group of Indonesia. Bakrie Delano Africa serves as the investment partner of the Bakrie Group in Nigeria. The Indonesian conglomerate has provided over $900 million worth of funds to invest in Nigeria and Bakrie Delano Africa is responsible for identifying investment opportunities in mining, agriculture and oil & gas and executing them.

***

Jason Njoku
The maverick Nigerian Internet entrepreneur is founder of Iroko TV, the world’s largest digital distributor of African movies. Iroko TV has been dubbed the ‘Netflix of Africa’. Earlier this year, Iroko TV raised $8 million in venture capital from Tiger Global Management, a New York-based private equity and hedge fund run by billionaire Chase Coleman. IrokoTV enjoys lucrative content distribution deals with Dailymotion, iTunes, Amazon and Vimeo. Njoku is unwilling to divulge figures, but analysts believe IrokoTV could be worth as much as $30 million. Njoku is the company’s largest individual shareholder.

Only two woman made the list, Magatte Wade of Adina World Beat Beverages & Tiossan and Yolanda Cuba. Yolanda was 29 when she was appointed CEO of Mvelaphanda Holdings, a Johannesburg Stock Exchange-listed investment holding company.

What do you think about the entire list and the Nigerians that made it on the list?

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For 4 years my husband starved me of sex , woman tells court

Badagry (Lagos State) – A 38-year-old housewife, Mrs Aderonke Akinyemi, on Tuesday told a Badagry Customary Court to dissolve her marriage because her husband starved her of sex for the past four years.

“For four years my husband did not sex me. When he comes back from work he always give excuses of tiredness or sickness,” said the mother of two, whose children are 17 and 15 years and who has been married for 18 years.

She also accused her husband, Adewole Akinyemi of threat to life, frequent fighting and lack of care.

Responding to the allegations, Akinyemi, 45, told the court that he accepted the divorce since his wife asked for it.

“My wife always turns me down each time I want to have sex with her and she does not give any reason for her action,” he said.

Akinyemi, who works at Shagamu in Ogun, said that anytime he came home to the Ikoga, Badagry home of the couple, his wife would vacate their home only to return after he would have gone back to his station.

Reacting to the husband’s defence, the petitioner blamed the respondent for her action, saying that her husband had said he wanted only two children.

“On three occasion when I was pregnant for him, he asked me to abort it, so because of this, I refused to allow him have sex with me again,” she said.

The president of the court, Mr A.B. Kudaisi, asked the couple to go back home for possible reconciliation and adjourned the case till July 23.

“You have to think of the interest of the children, especially now that they are at a crucial stage when they need your financial and moral support for their education,” the court president stated. (NAN)

NYSC reschedules camp activities in volatile states

The National Youth Service Corps, NYSC, today announced the rescheduling of the posting of all corps members deployed to Yobe and Borno States for the 2012 Batch ‘B’ Orientation Course.

A statement by the Director General of NYSC, Brig-Gen Nnamdi Okore-Affia, directed that corps members posted to some volatile states in the North such as Bauchi, Gombe, Plateau, Kano and Kaduna, but have not yet reported to the camp, should immediately report to the NYSC Directorate Headquarters, Abuja for redeployment.

WHY DO ‘BAD GIRLS’ FIND IT EASIER TO GET MARRIED?

. OK now you might want me to define what i meant by my BAD…ness , according to the dictionary  being ‘BAD‘  means ‘not good in any manner or degree‘, so if u add ‘GIRL’ to that i guess it literally would  mean girls that acts in not so goods manner… that simple .
Ada (not her real name) is a childhood friend and she is in her mid twenties and shes happily married now with two kids,Ada i remember was a club freak,she never had a friday night that she would be the comfort of her bed unless maybe in the early hours probably in another man’s bed, she partied liked her heart needed it to pump blood,she was loose ,had so many male friends,changed boy friends like she changed clothes  but yet she had a classy wedding. yeah! believe me .

I also  know of several other ladies in my neigborhood if you wondering where that is? just type SURULERE LAGOS in google map and you would have an idea of where am talikng about, back to my story this ladies are what we the presumed good guyz (yeah am a good guy) term has ‘bad’ ,but along the line they all keep getting married and living happily i may not know of the ever after but my big question is ‘WHY DO ‘BAD GIRLS’ FIND IT EASIER TO GET MARRIED?’

I might need the help of guys here, is it that guys find them more attractive? and prefer them to the praying lady who is in her late thirties hoping for Mr right to come calling,or is that the so called bad guls are deperate and they know how to reach out to get what they want? either way the rate is becoming alarming and i really do feel for the good lady that is hoping and waiting, keeping her self undefiled and yet no sign of light at the end of the tunnel…but really why? …lol
So my opinion is pretty simple ..Time will always tell either u are a GOOD OR BAD…GBAM!

VOLTRON (Defender of the Universe) ...who remembers this cartoon?

NUC suspends operational licences of seven private universities

National Universities Commission yesterday Wednesday July 4th suspended the operational licenses of seven private universities in Nigeria  for allegedly violating NUC's guideline's on school facilities and academic programmes

The suspended universities are Lead City University, Caritas University, Joseph Ayo Babalola University, Tansian University, Madonna University, Achievers University and Obong University.

The NUC say the suspension will be lifted as soon as the Universities live up to the guidelines stipulated by the commission in the running of Universities in Nigeria....so what happens to the students now if you are in one of theses schools......just take heart the lord is with you .

Bomb411: Photo Of Churchgoers Queuing And Getting Searched ...

Bomb411: Photo Of Churchgoers Queuing And Getting Searched ...: so i know you might stay in Lagos and think it has not gotten to this point ...what if? would you still be goin to church?

Photo Of Churchgoers Queuing And Getting Searched In Abuja

so i know you might stay in Lagos and think it has not gotten to this point ...what if? would you still be goin to church?

AUDIO: The $3m conversation between Lawan & Otedola - Part 2

Channels Television has obtained an audio recording purported to be part of the conversation between Honorable Farouk Lawan and Mr Femi Otedola over the $3million bribery allegation scandal.


Otedola ft farouk Lawan in Chop My money remix pt2

Bomb411: Picture of the day.....LWKMD!

Bomb411: Picture of the day.....LWKMD!

Picture of the day.....LWKMD!

AUDIO:The $3 million conversation between Farouk Lawan and Femi Otedola

wow...i guess dis should be called Otedola ft farouk >>chop my money remix .....lol

What is wrong with this picture?

Guys can u do this for wife?