General News
CEO of Trium Limited, Highlights the Future of Capital Markets @2024 ICMA FinTech & Digitalisation Forum

Adebayo Adewolu, the Chief Executive Officer of Trium Limited, delivered key insights at the 2024 International Capital Markets Association (ICMA) FinTech & Digitalisation Forum, held recently in London.

L-R: Andy Hill, Co-Head of Market Practice and Regulatory Policy, International Capital Market Association (ICMA) (Moderator); Adebayo Adewolu, CEO, Trium Limited; Martin Hillebrand, Professor of Quantitative Methods, XU Exponential University of Applied Sciences; Stephane Malrait, Head of Market Structure and Innovation, Financial Markets, ING; Rowan Varrall, Associate Director, Digital Token Identifier Foundation; Emma Lovett, Credit Lead, Markets Distributed Ledger Technology team, J.P. Morgan, at the 2024 ICMA FinTech & Digitalisation Forum in London.
The event, which has become a prominent platform for industry leaders, explored the transformative role of technology in capital markets, bringing together top minds from across the globe to discuss the future of the industry.
Mr Adewolu participated as a panellist in a session titled “Will the new digital world ever fully replace the legacy market?”, where he was joined by experts from J.P. Morgan, ING, XU Exponential University, and the Digital Token Identifier Foundation.
Moderated by Andy Hill, Co-Head of Market Practice and Regulatory Policy at ICMA, the panel explored key themes such as the digital bond ecosystem, the integration of AI and machine learning, and the ongoing role of regulation in fostering technological innovation.
During the discussion, Adewolu offered a forward-looking view on the co–existence of legacy systems and emerging technologies.
He emphasised the opportunity for emerging markets to leapfrog traditional infrastructures, adopting advanced digital solutions more rapidly.
He stressed the opportunity for economic inclusion and democratisation of access to capital markets leveraging digital channels.
His remarks highlighted how technologies such as tokenisation and AI could potentially reshape capital markets by making them more efficient, transparent, and accessible.
“The legacy markets will not disappear overnight, but what we’re seeing is a unique chance for markets, especially in Africa and other emerging regions, to bypass old systems and adopt digital infrastructure faster than more established markets,” Adewolu remarked during the session.
He also stressed the importance of human oversight in a world where automation is increasingly prominent. While AI and machine learning are becoming critical tools in areas such as risk management and trading, Adewolu noted that experienced professionals will continue to play a crucial role in interpreting data and ensuring market integrity.
The forum, which saw participation from leading institutions across the financial sector, also touched on the evolving regulatory environment.
Panellists underscored the need for a balanced approach that allows innovation to flourish while protecting market participants and maintaining investor confidence.
Closing remarks by Georgina Jarratt of ICMA and Emma Lovett of J.P. Morgan echoed the forum’s focus on the need for ongoing dialogue and collaboration as the capital markets sector navigates an era of rapid technological change.
The participation of Adebayo Adewolu at the ICMA FinTech & Digitalisation Forum signals Trium Limited’s commitment to staying at the cutting edge of digitisation initiatives in its markets. With the insights gathered from the forum, Trium is well-positioned to continue driving innovation in the sector.
General News
More 14m Farmers to Benefit from AfDB-backed Initiative

Additional 14 million farmers in 37 low-income and vulnerable countries served by the African Development Fund, the Bank Group’s concessional financing window, are set to benefit from a technology initiative targeted at scaling up climate-resilient food production across the continent.

This comes after the African Development Bank Group (AfDB) and the International Institute of Tropical Agriculture (IITA) signed a $16.61 million grant agreement to launch the third phase of the Technologies for African Agricultural Transformation Programme (TAAT-III)
TAAT-III, funded by the African Development Fund, is expected to consolidate earlier gains benefiting 14 million more farmers while introducing a more sustainable, private sector-driven delivery approach.
AfDB said the initiative aims to reinforce seed and technology distribution systems, deepen partnerships with governments and agribusinesses, and expand the digital tools, including its technology e-catalogues and real-time monitoring platforms, to speed up deployment of high‑impact solutions.
Simeon Ehui, director general of IITA, commented: “TAAT-III allows us to deepen the delivery of science‑based solutions that improve farmers’ yields and livelihoods. Working with the Bank and our partners, we are scaling technologies that make Africa’s food systems more resilient and competitive.”
Since its launch in 2018, TAAT has become one of Africa’s most effective and transformative platforms for agricultural innovation, reaching nearly 25 million farmers and boosting productivity across major staples.
The initiative has expanded climate-resilient agricultural practices across over 35 million hectares.
In a statement, the AfDB said working closely with the Consultative Group of International Agricultural Research Centres and national and regional partners, TAAT has increased crop yields up to 69% and generated more than $4 billion in additional agricultural value.
Countries including Sudan, Ethiopia, Zambia, Zimbabwe, and Nigeria have recorded notable gains in staple crop productivity and resilience to climate shocks.
Nigeria has been a key beneficiary of TAAT initiatives. Under its Wheat Compact, farmers adopting improved heat-tolerant varieties more than doubled yields from 1.7 tons per hectare to 3.5 tons per hectare.
Programme supported seed system assessments also helped inform national reforms to expand access to certified, climate-resilient seeds.
Speaking at the signing ceremony, Abdul Kamara, director general of the Bank Group’s Nigeria Country Department, said the new phase will focus on scaling innovation more rapidly
Kamara said: “TAAT-III underscores the Bank’s commitment to ensuring that proven, climate-resilient agricultural technologies reach farmers faster and at scale. This phase strengthens the systems that deliver innovation, helping countries boost productivity, enhance resilience, and align agricultural transformation efforts with the Bank’s four new areas of emphasis, dubbed the Four Cardinal Points.”
General News
Newmark Webinar Explores How AI Could Transform Healthcare in Africa

A recent webinar hosted by the Newmark Group examined how Artificial Intelligence AI is changing healthcare across Africa, highlighting both its promise and its risks.

Newmark
The session, titled “AI in Healthcare: Opportunities and Challenges,” brought together healthcare and communications experts who agreed that AI can help fix long-standing problems in Africa’s health systems — but only if it is used carefully and responsibly.
Gilbert Manirakiza, CEO of Newmark Group in his opening speech said that AI is already helping speed up decision-making. He said AI tools can quickly analyse patient feedback, monitor conversations online, personalise health messages for different audiences and reduce delays in approvals.
He noted that many patients now turn to AI tools like ChatGPT to ask about symptoms and treatments. Because of this, he said health communicators must take responsibility for ensuring accurate information is available.
“If AI makes mistakes in healthcare, the consequences affect real lives,” he said.
Manirakiza stressed that Africa’s healthcare environment is unique. Many communities rely on mobile phones, speak different local languages and trust religious or community leaders. He warned that AI systems built mainly with Western data may misunderstand African realities.
He summarised his position simply: AI should help speed up work, but humans must ensure accuracy.
Daniel Marfo spoke about how AI is already being used in practical ways. Insurance companies now use AI systems to process thousands of claims daily. In hospitals, electronic medical records can suggest possible diagnoses and help doctors decide which patients need urgent attention.
He also said AI tools are helping detect problems in X-rays and MRI scans faster, especially in places where there are few radiologists. This reduces waiting time for patients.
At a national level, countries such as Rwanda, Sierra Leone and Ghana are building health data centres powered by AI to help governments track diseases and plan better responses.
However, Marfo warned that AI tools must be built using local medical guidelines to gain doctors’ trust. He emphasised that AI should support doctors, not replace them.
Dr. Afriyie Bempah focused on how AI can help countries prepare for health crises before they happen. He said resilience is not just about recovering from shocks, but about predicting them early.
He cited examples such as Kenya using AI to track mosquito patterns to predict malaria outbreaks, and Ghana using digital tools to improve disease reporting. In South Africa, digital health systems have been adapted to manage patients with chronic illnesses remotely.
He explained that linking clinics, pharmacies and supply chains through data sharing can help detect disease trends early and prevent large outbreaks.
During the question session, speakers discussed challenges such as data privacy, incorrect AI outputs, biased systems, and resistance from some healthcare workers.
They recommended clear rules for AI use, fact-checking AI-generated information, and creating internal review teams to monitor its application.
In their closing remarks, the panel encouraged healthcare professionals to learn how to work with AI tools to improve efficiency. They also urged young Africans to see healthcare technology as a major opportunity for innovation and investment.
The webinar concluded that AI is here to stay in healthcare. But its success in Africa will depend on strong regulation, local adaptation and continued human oversight — especially in a sector where mistakes can cost lives.
General News
Conoil Bonanza Winners Emerge

Conoil Plc is spreading joy this Valentine season as the first group of winners in its Valentine Bonanza promotion have been announced and rewarded. Launched on February 14, the campaign continues to delight customers at participating retail outlets.

The initial raffle draw, conducted on February 21, saw fortunate customers receive ₦10,000 worth of free petrol each. The draw was carried out publicly, with media representatives present to ensure full transparency. With the promotion still ongoing, more customers have the opportunity to join in and potentially be among the next winners.
A Conoil Management spokesperson explained that the initiative is a way to show appreciation to loyal customers for their ongoing support. “Our customers have responded impressively to the bonanza, with strong participation recorded across our stations,” the spokesperson said.
The second and final phase of the promotion is now in motion. Customers who purchase at least 10 litres of petrol at any participating Conoil station remain eligible to win in the grand finale raffle.
The grand finale is set for February 28 at 12 noon. Motorists in Lagos and Ogun states are encouraged to visit Conoil outlets to collect their tickets and take part in the exciting conclusion of this Valentine celebration.
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