The history of money is deep; to the cowries and to the barter. Yes, humans have always figured out how to exchange goods and services for value. And across centuries and kingdoms, the quest for improving the efficiency of that exchange has remained. A moment came in 7th century China when the Tang dynasty invented paper currency. Later on, the Song dynasty in the 11th century made it popular. The Mongol Empire and Yuan dynasty scaled it. The trajectory to frictionless exchange has never stopped.
Adam Smith postulated the “invisible hand” in his thesis on improving the mechanics of firms. Isaac Newton in Mathematica Principia seeded the foundations of modern natural philosophy. That has morphed into the modern era of bytes, moving money via computing systems and including the Hodler Bitcon-nia!
William Shakespeare’s Lord Polonius: “What do you read, my lord?” Hamlet: “Words, words, words”. The Questioner: “What do you see influencing intra-African trade?” The Answerer: “Currency, supply chain, products”. At Tekedia Institute Mini-MBA edition 9 which begins Sept 12, we will look at “The Playbooks for Winning in Africa”! See what we plan to do
Tekedia Mini-MBA edition 16 (Feb 10 – May 3, 2025) opens registrations; register today for early bird discounts.
Tekedia AI in Business Masterclass opens registrations here.
Join Tekedia Capital Syndicate and invest in Africa’s finest startups here.
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Register for Tekedia Mini-MBA (Feb 10 - May 3, 2025), and join Prof Ndubuisi Ekekwe and our global faculty; click here.