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Germany’s Strategic Tech Investments

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Recently, I had the privilege to visit the Federal Republic of Germany with a view to learning more about why she remains a leading country in virtually all areas of technology.

Yes, most people know Germany more for automobile innovations and technology with the likes of super brands like Mercedes-Benz, BMW, Volkswagen, Opel etc.

Germany has led the world for many years and still is a leader in this field. Personally, a German technology powered ride like a Benz or BWM is one that I’d love to own at some point in the future.

Be that as it may, I remember a top Government official in the ministry of Digital Infrastructure saying to me “yes the world may know us for automobile technology but the German economy is much more than that, we are investing billions of Euros to improve our infrastructure which includes ensuring that people in the rural community also have access to high quality broadband Internet”

I must state that I observed that there is an healthy competition going on among states and regions in terms of developing their respective startup ecosystem.

For example, I visited a number of hubs in various cities such as Berlin and Munich. While some of these hubs are not directly funded by Government, there are a number funds and grants that startups in these hubs have access to.

However, the model of Werk1 Hub, Munich is that the state of Bavaria funds the hub so that startups in and around Munich can make use of the facilities at a subsidized rate and most importantly to ensure that there is a strong startup community in that region.

This is in contrast to what a top Government official in Nigeria said to my hearing and I quote “my understanding is that Government has no business investing in hubs and co-working spaces, it should be left to the private sector” – a statement I find quite shocking.

My follow up question would have been, so what is Government’s business, share our National wealth? Well, fortunately for the gentleman, it was not an interview session.

It drives me nuts when people say leave it for the private sector – even in the United States, projects like Google’s search algorithm or even the iPad were initially projects funded in one way or the other by grants from the US Government – hmmnnn, let no one be deceived!

I like the fact that the Germans have admitted that if they do not ramp up investments in technology then they might be left behind and so they are not basking in the old glory of being a technology powerhouse rather they are enacting the relevant policies as well as the right investments to ensure that they take advantage of every opportunity available in today’s super competitive Tech space.

Let’s look at the gaming industry for example, each year the Government holds an annual German games award that is designed to recognise and motivate various categories of German game developers.

This is also why there is a conscious step to ensure that each year the city of Cologne welcomes a minimum of 100,000 gamers, investors, media and visitors to the annual Gamescom, unarguably the biggest gaming event in the world.

Think about the impact this event alone will have on the city of Cologne for those three days it will hold?

Germany already has what is called the Digital Agenda which is a strategic step towards ensuring that industries, businesses and the entire country makes technology and digital services a part of there everyday schedule and also a move to get the buy in of various politicians. There are no two ways about it.

If we want to play in the advanced digital game of tomorrow, then, we have to start making massive investments in the infrastructure that will support it. On top of that each year, the German government holds an IT summit and I am sure you will probably think about this IT summit as one where geeks will come to talk about the latest trends from out of space but that is not exactly the case. This summit is designed as a platform for political dialogue – designed for politicians to come together to discuss technology and digital Trends as it affects their Country! Isn’t that interesting?

Let me quote Germany’s Federal Minister of Transport and Digital Infrastructure, Alexander Dobrindt, …”digitalisation signifies a substantial economic and social revolution, it changes the conditions for growth, prosperity and the work of tomorrow – and revolutionises, in a disruptive process, industries and services, value chains and manufacturing processes, innovation and product life cycles.

This presents a great challenge but also, above all, a great opportunity. Digital technologies offer enormous potential in terms of quality, efficiency and speed.”

The trip to Germany has helped dispel quite a lot of myth that I previously held about Germany. For example, I had thought that not understanding the German language would be a big challenge but that has now changed because many of the Germans I had contact with spoke English quite well and we were able to communicate.

I also held the opinion that Germans were conservative and not quite open so to speak, again all that has changed and I hope that more serious business owners will get to explore the German business environment and also more media professionals will travel to experience Germany at some point in order to tell the correct story in their own words like I am telling now.

CFA is the founder of www.techsmart.ng and co-producer/presenter of Tech Trends on Channels TV


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SOPHiA GENETICS Announces Syndicate Bio as First Liquid Biopsy Customer in Africa

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SOPHiA GENETICS, a cloud-native software company in the healthcare space and a leader in data-driven medicine, has announced that Nigeria-based Syndicate Bio has signed on to implement MSK-ACCESS® powered with SOPHiA DDM™.

Syndicate Bio is the first lab in Africa to adopt the MSK-ACCESS® assay via the SOPHiA DDM™ Platform, and the first company to make comprehensive genomic profiling and liquid biopsy widely available to patients throughout the entire continent.

The implementation of this new technology will further existing work from SOPHiA GENETICS, Memorial Sloan Kettering Cancer Center (MSK), and Syndicate Bio to advance health equity on a global scale.

There are roughly 1 million new cancer patients each year in Africa and currently, comprehensive genomic profiling and liquid biopsy testing options are not widely available.

This means that patients are forced to forego this testing or travel out of continent for these testing options. Syndicate Bio’s implementation of this new offering will provide cutting-edge liquid biopsy testing to many of these patients and will help progress the company’s goal of advancing genomics and precision medicine in an area of the world that has been historically underserved in these areas.

“Partnering with SOPHiA Genetics to bring MSK-ACCESS® powered with SOPHiA DDM™ to our lab is a monumental step in accelerating the cancer treatment and research landscape across Africa, beginning in Nigeria. Next-generation sequencing technologies in oncology and liquid biopsy, which this collaboration enables, hold the potential for creating a leapfrogging opportunity in the oncology treatment and research landscape in Africa,” said Abasi Ene-Obong, PhD., Founder, Syndicate Bio.

“Through this collaboration, we aim to enable the widespread application of precision medicine in oncology across Africa, and thus contributing to the improvement of patient outcomes across the African continent.

“We believe our scientific expertise, combined with AI-enabled technologies and data-driven solutions enabled by SOPHiA GENETICS, presents a unique opportunity to fundamentally transform the journey of cancer patients through non-invasive cancer analysis, predictive genetic testing, and effective precision medicine.”

Syndicate Bio is driving genomics and precision medicine initiatives across the world’s most diverse regions through large-scale partnerships with governments, industry, and other stakeholders. Through its work, Syndicate Bio is making local impact while accelerating drug discovery and development.

By focusing on Africa, Syndicate Bio is poised to make a significant impact, starting with Nigeria, by introducing its pioneering clinical oncology offerings in an underserved region.

Through this endeavor, Syndicate Bio aims to improve cancer diagnosis and treatment for African patients. This initiative not only facilitates local next-generation sequencing (NGS) testing and liquid biopsy testing but also extends access to clinical trial participation, empowering patients and healthcare providers alike.

MSK-ACCESS® powered with SOPHiA DDM™  is a decentralized version of a highly validated ctDNA test developed by MSK that involves the deep sequencing of 146 key cancer-associated genes, and will augment Syndicate Bio’s tumor profiling capabilities, allowing them to utilize a small blood sample to generate a comprehensive report in an efficient and expedited time frame.

The use of liquid biopsy is less invasive than traditional biopsy, and can help simplify patient monitoring, whilst driving the uptake of precision medicine.

The offering combines the sophisticated analytics, state-of-the-art algorithms, and decentralized, cloud-based offerings of the SOPHiA DDM™ Platform, with the scientific and clinical expertise of MSK in cancer genomics to provide a best-in-class liquid biopsy solution.

“In our mission to democratize data-driven medicine, our decentralized global network and unique set of partnerships enable us to help reach underserved populations, just as those that are served by Syndicate Bio,” said Philippe Menu, MD, PhD., Chief Medical Officer, SOPHiA GENETICS.

“By implementing this solution, Syndicate Bio will make a measurable impact throughout Africa, while also helping to generate an unparalleled and comprehensive dataset and provide invaluable insights and knowledge to shape the future of global healthcare.”

In late 2023, SOPHiA GENETICS and MSK announced they are working in partnership with AstraZeneca to bring the world-class MSK-ACCESS® powered with SOPHiA DDM™ testing solution to countries and regions around the globe, including underserved areas where access to testing remains scarce.


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Abdullahi, NITDA Boss Harps on Partnership to Drive Advance Digital Transformation Agenda

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Mallam Kashifu Abdullahi, director-general, National Information Technology Development Agency (NITDA), has reaffirmed the importance of collaboration in advancing Nigeria’s digital transformation agenda.

Abdullahi, NITDA Boss Harps on Partnership to Drive Advance Digital Transformation Agenda

L-R: Mallam Kashifu Abdullahi,  director-general, National Information Technology Development Agency, with Brig. Gen., Abdulrahman Idris, team lead of the Senior Executive Course 46 2024, National Institute for Policy and Strategic Studies, Kuru, Jos during a strategic tour visit to the agency headquarters in Abuja.

Abdullahi disclosed this during a strategic engagement with participants of the 2024 Senior Executive Course 46 from the National Institute for Policy and Strategic Studies (NIPSS), a delegation led by Brigadier General Abdulrahman Idris.

Abdullahi emphasised that no organisation can achieve its goals in isolation, stressing the need for collaborative efforts to harness ideas, experiences and insights for national development. He highlighted the potential of collaboration between NITDA and NIPSS to leverage technology and digital innovation for driving economic growth, creating job opportunities and attracting foreign direct investment (FDI).

“At NITDA, we have re-imagined our social contract with Nigerians, focusing on improving service delivery and fostering the swift growth of the ICT sector,” said Abdullahi. He emphasised the agency’s commitment to serving Nigerians and outlined the strategic direction outlined in NITDA’s Strategic Roadmap and Action Plan (SRAP 2024-2027) 2.0. The SRAP is structured around eight pillars aimed at fostering digital literacy, building a robust technology research ecosystem, strengthening policy implementation, promoting inclusive access to digital infrastructure, enhancing cybersecurity, nurturing innovation and entrepreneurship, forging partnerships and cultivating a vibrant organisational culture.

The brigadier-general provided insights into NIPSS’s role as Nigeria’s foremost policy think-tank, tasked with developing top-class technocrats to drive national development initiatives. He highlighted NIPSS’s contributions to policy formulation and implementation over the years, emphasising the institution’s mandate to address issues of national interest, particularly in the digital economy sector.

The collaboration between NITDA and NIPSS underscores the importance of synergistic efforts in harnessing technology and innovation for national development. By leveraging each other’s expertise and resources, both organisations aim to drive economic growth, foster job creation, and position Nigeria as a leading player in the global digital economy.

Through strategic partnerships and collaborative initiatives, NITDA and NIPSS are poised to chart a path towards sustainable development, leveraging digital innovation as a catalyst for socioeconomic transformation and inclusive growth.

 


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IvoryPay, Tether to Drive Crypto Transfers Across Africa

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Ivorypay, a blockchain-based payment and remittance firm, has teamed with Tether, the stablecoin pioneer, to improve crypto-based transactions across Africa.

Tether is the business that developed the stablecoin, USDT, and with this agreement, it will mint and issue USDT straight to IvoryPay.

According to the partners, this agreement would provide more dependable and economical digital transaction choices to businesses and consumers across Africa.

Ivorypay will leverage Tether’s widespread acceptance to provide a buffer against the typically unpredictable nature of crypto-currencies, increasing user confidence in using digital currencies for daily transactions as well as cross-border transfers.

“Partnering with Tether is a strategic move that aligns perfectly with our vision of simplifying and securing crypto transactions across Africa,” said Oluwatobi Ajayi, CEO, IvoryPay.

He added: “It gives us easy access to the liquidity we need to cater to more businesses and individuals across the continent and to do that cheaper and faster than anybody else, which we believe will significantly enhance user trust and increase adoption rates across our platforms.”

“This strategic partnership between Ivorypay and Tether represents a transformative step for digital transactions across Africa,” said Aly Madhavji, managing partner of Blockchain Founders Fund.

“By incorporating USDT into their payment systems, IvoryPay aims to increase financial inclusion and streamline cross-border remittances, establishing a new standard for stability and efficiency in the region’s financial services We are thrilled to assist Ivorypay as they endeavour to create new opportunities for businesses and consumers across Africa.”


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