News
Dow Showcases Packaging Solutions for West African Market

Executives from Dow’s Packaging and Specialty Plastics (P&SP) business hosted customers in Lagos to an inaugural “meet and greet” event as the company’s presence grows in the region.
The event showcased Dow’s leading products and solutions for the West African packaging market as well as information on the Sadara petrochemical project – Dow’s joint venture with Saudi Aramco – which began production start-up with its first polyethylene (PE) unit at the end of 2015.
Themed “More…”the event explored Dow’s broad portfolio of products, technologies and solutions for applications in transportation and food packaging specifically related to the West African region. Customers throughout the value chain, from converters to brand owners, are increasingly seeking innovative solutions to meet the growing demands of changing consumer preferences.
Nigeria is a key market for the packaging industry with almost 50% of the population living in urban areas and a new generation of consumers driving GDP growth, which is expected to reach $294 billion by 2020 (up from $178 billion in 2012).
The session also provided the ideal platform to provide further information on Dow’s sustainability platform, the integral role of the packaging industry in addressing these challenges and the Sadara project.
Lifestyles are changing due to a globalized economy, increased urbanization, population growth, affluence and mobility.
Today, consumers require packaging which provides enhanced functionality, versatility and safety. It is estimated that between 2008 and 2020, the food and consumer goods market will grow by $40 billion in Nigeria which is the largest level of growth in Africa.
In response to these regional and global trends, Dow has implemented a growth strategy to support the increasing demand for high performance packaging. Situated in Jubail, the Kingdom of Saudi Arabia, Sadara is the largest petrochemical complex ever build in a single phase and is an integral part of this growth strategy.
Sadara will provide 1.3 million tons of high performance plastics products from four state-of-the-art PE units supported by a high-tech cracker facility.
These extra volumes will enable Dow to increase participation in West Africa and will add greater access to a more secure supply to serve fast growing markets across the wider African continent, Turkey, Asia Pacific, Eastern Europe, and certain regions of the Middle East.
The second PE unit is expected to start-up in the second quarter, with the remaining two units scheduled for start-up over the coming nine months and full production capacity to be reached within the first year of operation.
“The West African region presents a wealth of opportunities for our customers and Dow P&SP is working hand-in-hand with members of the value chain to ensure this promising future becomes a reality,” says Sami Mainich, Sales Director, Dow Packaging and Specialty Plastics in the Middle East, Africa and Turkey. “Dow is taking serious steps to support its next generation of growth and products in emerging geographies. We are a growth business in a growing region. In 2012, Dow opened its first West African office in Ghana, followed by the office in Nigeria in 2015. Now with Sadara in motion, we will further enhance our collaboration with customers throughout West Africa, bringing additional capacity to the region and providing more access to our global expertise through our teams on the ground. ”
Tony Groosman, Managing Director Dow West Africa, added; “In growth regions like West Africa, it is events like these that provide ideal platforms to encourage and strengthen dialogue with customers, to ultimately further understand market needs and explore new ways in which we can collaborate and capture more opportunities together. It also allows us to further demonstrate our commitment to West Africa and the importance of this growth region for Dow. ”
Dow combines the power of science and technology to passionately innovate what is essential to human progress.
The Company is driving innovations that extract value from material, polymer, chemical and biological science to help address many of the world’s most challenging problems such as the need for clean water, clean energy generation and conservation, and increasing agricultural productivity.
Dow’s integrated, market-driven, industry-leading portfolio of specialty chemical, advanced materials, agro-sciences and plastics businesses delivers a broad range of technology-based products and solutions to customers in approximately 180 countries and in high-growth sectors such as packaging, electronics, water, coatings and agriculture.
News
Cybervergent Expands to Three New Markets

Cybervergent has launched version 3.0 of its artificial intelligence (AI)-native posture management platform and expanded operations into Kenya, Ghana, and SA.

The move, according to the company, introduces automated risk verification for enterprises and aims to position Africa as a force in digital governance technology.
It goes on to say the latest platform upgrade introduces continuous posture management, replacing traditional point-in-time governance, risk, and compliance reporting with real-time verification systems.
An AI engine independently verifies 99.9% of audit and monitoring findings before they appear on enterprise dashboards, according to Cybervergent.
It says risk management, compliance, audit, and data security operations are integrated into a unified system built for cloud and on-premise environments.
According to Cybervergent, the platform maps more than 4 500 controls across frameworks, including the Nigeria Data Protection Act (NDPA), International Organisation for Standardisation (ISO) 27001, and System and Organisation Controls (SOC) 2.
Cybervergent says the rollout of its first South African customer validates the platform’s readiness for highly regulated enterprise markets and strengthens its expansion strategy across Africa’s leading technology and financial hubs.
The company is also adopting a channel-first deployment model, working with local partners and system integrators in Lagos, Accra and Johannesburg to scale verified security infrastructure for enterprises navigating increasingly complex regulatory demands.
“We built verification into the architecture,” said Ayomide Daniels, co-founder and chief scientist at Cybervergent. “If a finding is not traceable back to source documentation, it does not reach the dashboard.”
Cybervergent rebranded from Infoprivacy in late 2023 to reflect its shift towards AI-automated cybersecurity.
The start-up previously focused on data privacy compliance in the West African market before pivoting to its current integrated posture management model.
News
FG Bans Honorary Degree Holders from Using ‘Dr’ Title, Warns of Academic Fraud

Federal Government has directed recipients of honorary doctorate degrees to stop using the title “Dr.” before their names, as part of efforts to protect the integrity of academic qualifications and curb the misuse of honorary awards.

Minister of Education, Tunji Alausa
Minister of Education, Tunji Alausa, announced the directive after the approval of the new policy by the Federal Executive Council (FEC).
Alausa said the measure was necessary to address the growing abuse, commercialisation and politicisation of honorary degrees in some tertiary institutions across the country.
He explained that honorary doctorates are symbolic recognitions of outstanding contributions to society and do not equate to earned academic qualifications obtained through rigorous study, research and examination.
“Recipients of honorary doctorate degrees are not entitled to use the title ‘Dr.’ as a prefix to their names in official, professional or academic engagements,” he said.
According to the minister, awardees may instead indicate the honorary distinction after their names using formats such as D.Litt (Honoris Causa), LL.D (Honoris Causa) or other approved honorary designations.
Under the revised policy, only universities with active doctoral programmes will be permitted to confer honorary doctorate awards.
The government also restricted recognised honorary awards to four categories: Doctor of Laws (LL.D), Doctor of Letters (D.Litt), Doctor of Science (D.Sc), and Doctor of Humanities (D.Arts).
In addition, all honorary degree certificates must clearly carry inscriptions such as “Honorary” or “Honoris Causa” to distinguish them from earned academic degrees.
The minister warned universities against indiscriminate conferment of honorary degrees, noting that institutions found violating the directive would face sanctions from the National Universities Commission and the Federal Ministry of Education.
He said the policy was part of broader reforms aimed at restoring credibility to Nigeria’s higher education system and ensuring academic titles are not misrepresented for personal, political or financial gains.
Observers say the development could reshape the long-standing culture where public office holders, business executives and celebrities often adopt the “Dr.” title after receiving honorary awards.
News
Africa Fintech Revenues to Hit $65 billion by 2030 – Report

African fintech revenues are projected to expand 13-fold to approximately $65 billion by 2030, marking the continent as the world’s fastest-growing digital finance market.

The “Beyond Payments: Unlocking Africa’s Second FinTech Wave ” report, released by Boston Consulting Group at the Inclusive FinTech Forum in Kigali, indicates the sector is shifting from transactional inclusion to scalable, infrastructure-driven systems.
While Sub-Saharan Africa accounts for 74% of global mobile money volume, more than 50% of lending still occurs through informal channels, representing a massive gap for B2B payments and data-driven underwriting.
The opportunity now is to convert scale into sustained, institutional-grade growth, says the report. Markets offering regulatory clarity and interoperable infrastructure are becoming increasingly attractive to long-term capital.
Rwanda is highlighted as an example of deliberate institutional coordination that lowers the cost to scale for financial institutions.
Forward-looking regulation and the License Passporting Memorandum of Understanding between Rwanda and Kenya are cited as practical steps toward easing regional expansion.
Financial centres like the Kigali International Financial Centre play a critical role in this next phase by reducing uncertainty for banks and investors.
By combining regulatory clarity and Pan-African integration, they reduce uncertainty for banks, fintechs, and investors, and help position markets as credible, long-term investment destinations.
Africa’s next fintech phase will be led by financial institutions, the report notes. It goes on to say banks and regulated entities are becoming the primary customers of digital financial infrastructure, demanding platforms that align with their risk frameworks.
The report identifies five institutional priorities to sustain momentum: interoperable infrastructure, data-driven credit, regulatory coherence, trust, and resilience.
Building seamless wallet-to-bank integration will enable more efficient value movement, while transforming transaction data into AI-enabled underwriting models will help bridge the gap in SME lending.
Proportional licensing frameworks and predictable supervisory practices will lower the cost to scale for innovators. Furthermore, expanding cybersecurity capabilities will ensure the ecosystem remains reliable as digital usage grows.
Africa has demonstrated that fintech scale is achievable, and the next decade will be shaped by those markets that strengthen their institutional foundations, the report concludes.
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