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Firm Seeks ICT, Petroleum Industry Participation in Industrial Games Challenge

Total Automation Concepts Ltd, organizers of the industrial games challenge, presently seeks the participationof ICT companies as well as operators in the upstream, midstream and downstream sector of the oil and gas industry to support Nigerian students in their bid to get ready for the world of work and entrepreneurship after graduation.

Engr. Paul Ugoji, a representative of the company made this call at the third edition of the industrial games challenge finals which took place recently between the Federal University of Petroleum Resources Effurun (FUPRE) and Delta State University (DELSU), both within Delta State.
According to the company’s representative, the competition is part of a larger project which aims to provide students in tertiary institutions with the means of accessing industrially relevant practical applications that expose them to operations of major facilities, systems and processes using the concept of gamification and as such indirectly infuse some element of fun into what they study in school.
He said that due to the on-going global pandemic, this edition of the industrial games challenge had to be conducted online so as to give students something academically beneficial that would keep them constructively occupied while at home. The main applications utilized for the competition were sourced by the participating institutions from the course titled, “Practical Industrial Process Gamification” which was published by Total Automation Concepts Ltd on Udemy, an online Learning Management Systems (LMS) platform.
“The preliminary stages of the competition commenced from June, 2020 and ended July, 2020, with weekly Q&A sessions while the industrial games applications obtained from Udemy namely Alpha 1Loading Depot (A1LD-2),Alpha 1 Production Platform (A1PP-2) and Alpha 1 Petroleum Refinery Plant (A1PRP-2) were also incorporated at different intervals.
“The top three (3) students from each institution were selected to participate in the finals after making it through the weekly preliminary rounds. After a keenly contested final, students of the Federal University of Petroleum Resources Effurun namely, Rebecca Kiletei, James Oluwatosin and Theodore Bomi-Dore narrowly emerged winners of the competition with an average score of 79.3% (238 points)while the Delta State University students namely, Chijioke Joel Chinemelum, Ogheneyoma Victor Urhefe and Oghalezi Oluwaseun Israel took second position with 78.9% (235 points)” He stated.
The team from FUPRE took home the top prize while the team representing DELSU got the prize forsecond position and during the weekly Q&A sessions, airtime credits of different ranges had been regularly distributed to the top three(3) students from both institutions before the just concluded finals
Participants thanked the organisers for still being able to set up such an online event irrespective of the on-going COVID-19 pandemic considering the impact it would have on their technical and soft skills even before graduation.
They equally wished that the competition can be sustained for more students to benefit from it just as they did.
The next edition of the competition will take place next year, 2021 and more institutions are expected to participate in the competition,
Interested institutions, students and sponsors who are willing to participate in the next edition of the competition can reach the organiser through [email protected] for more information.
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AfDB Supports Francophone Africa Start-ups with €6.5M

The African Development Bank Group last week approved an investment of €6.5 million in the Saviu II fund in order to support technology start-ups through their seed phase and first institutional fundraising, mainly in French-speaking Central and West Africa.

The Bank will invest €4.5 million as equity and €2 million as a first-loss hedging tranche on behalf of the European Commission, under the Boost Africa Programme.
This participation of the Bank Group will enable the Saviu II fund to give priority to companies with a strong technological or digital component.
Saviu II, the second investment vehicle of Saviu Partners, plans to invest between €500,000 and €3 million in about 20 technology or technology-oriented business-to-business start-ups in the seed phase or carrying out first institutional fundraising.
The Saviu II venture capital fund aims to make at least 60% of its commitments in the French-speaking countries of West and Central Africa: Côte d ‘Ivoire, Cameroon, Benin, Senegal, Togo, Burkina Faso and Mali.
The fund can also co-invest in promising technology companies in East Africa that have a strong team and business model, and whose strategy includes entering the market in French-speaking West African countries and establishing a strong presence there.
In addition, the fund will devote a dedicated envelope to pre-seed investments, focusing on minority equity investments, usually in co-investment with studios, incubators or other ecosystem partners.
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Nigeria Inks $1.3bn MoU with AFC for Alumina Refinery, Mining Push

Nigerian Government has signed a $1.3 billion Memorandum of Understanding (MoU) with Africa Finance Corporation (AFC) via the Solid Minerals Development Fund (SMDF) to fund an alumina refinery, national geoscience mapping, and a strategic investment vehicle for mining growth.

Special Assistant to the Minister of Solid Minerals Development, Segun Tomori, said the refinery will process one million tonnes of bauxite yearly using a modern Bayer process, powered by an on-site gas-fired cogeneration plant.
Minister Dele Alake called it a transformative milestone boosting GDP, aligning with reforms that improve investment climate, regulations, and licensing to attract private capital. He directed agencies to fast-track permits.
The 20-year project at 95% utilization eyes 19 million tonnes total output, $1.2 billion annual GDP addition, $25 billion economic impact, and $8 billion forex earnings, per feasibility studies.
SMDF Executive Secretary Fatima Shinkafi termed it the agency’s biggest funding deal, supporting value-addition policy.
The partnership extends to geoscience mapping for mineral data, de-risking exploration, and a joint vehicle for mining assets.
Permanent Secretary Engr. Farouk Yabo praised the reforms. Shinkafi signed for government; AFC’s Franklin Edochie for the corporation, witnessed by AFC CEO Samaila Zubairu.
Tomori positioned it as Nigeria’s largest private mining investment and FDI magnet.
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