

The Requirement
Impact Africa was a multinational project, led by the investment group Lancea Partners of London.
A major project was being put together for central Nigeria, consisting of an airline, airport, duty free terminal, a ground transport company, and various other business units, including a private helicopter service.
A rewards program business needed to be built from the ground up.
What was delivered
Coalition Rewards Business
Reporting to a Board of Directors, I was contracted to oversee the launch of the business unit for the coalition rewards program from the ground up, including undertaking:
- The development and design of a unique rewards program concept.
- Hiring an executive team.
- The development of a 7 year business case along with financial forecasts.
- The development of corporate governance.
Market research was undertaken to identify as accurately as possible the potential of the program in terms of TAM, SAM and SOM, under different go to market scenarios, as well as to ascertain costs.
A very detailed, 7 year business case was built and delivered.
Cost components for the platform and program development from hosting costs based on forecast member increases YoY, personnel costs, to marketing costs, right down to the cost of renewing personnel laptops every four years, the business case covered minute detail.
I also held interviews with, and hired a CMO, CLO, CTO and COO.
The Results
The coalition rewards business unit was successfully set up, with the fractional executives working remotely as funding discussions for the greater Impact Africa project continued.
The (positive and profitable) business case delivered was reviewed and validated by an independent senior financial advisor.
Solution and Product Design
I was afforded free rein to design the solution as I saw fit. As a coalition rewards program, a “cash points” program with a simple to transact, earn, spend, and lend currency from both a consumer and merchant perspective was going to be fundamental.
The project came at a time when blockchain had emerged as a new technology and cryptocurrencies were making headlines, specifically bitcoin. So, I took the decision to design a solution that would be built on blockchain, using crypto-tokens as the rewards currency.
It was imperative that consumers would see value in the program. As such the UI was designed in such a way that the value of the earned currency - the member wallet - would be front and centre, when users logged in, and not offer after offer.
From a merchant perspective, the program was designed to minimise discounting by offering more value and choice, through genuinely fungible cash back tokens, available to spend at wide network of merchants.
A marketing technology solution was also designed, which would allow coalition merchants to send personalised offers to members, at the right time, using transactional data.
We called the program, UKa$ii (You-Kashee).
The Results
Unfortunately, at the time, the greater Impact Africa project stalled. This meant the Rewards Program business unit, which was a much smaller part of the overall project would also not be receiving funding.
Interesting Project Fact
Having worked for several months on the coalition rewards program project it was clear it had legs as a standalone business. So I enlisted some trusted advisors and along with the CLO whom I'd brought on board, the rewards program project became my start-up, UKa$ii.