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Knowledge Based Economy is Key Solution to Recession- Adegboye

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Ayo Adegboye, Managing Director at Business Connexion Nigeria/West Africa
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Ayo Adegboye, PhD, is the new Managing Director at Business Connexion Nigeria/West Africa.

A Fellow of Institute of Information Management Africa, seasoned professional with combined sixteen years wealth of first-hand experience that cut across both Public and Private Sectors in Telecoms, IT, Consumer Electronics and Marketing.

Adegboye is an alumni of famous Computer Warehouse Group (CWG) Sales Team; the pioneer Business Manager at Galaxy Backbone; under the Presidency also lead a change management at MTN Nigeria with BT Consultants before he proceeded to IBM, Samsung Electronics, South Korea and Schneider Electric West &East Africa as the Vice President, ITB for the region where he was responsible for Overseeing APC by Schneider Electric Go To Market Strategy, IT business and Operation across the region which include P&L.

Adegboye spoke to selected ICT journalists; peter oluka was there for Nigeria CommunicationsWeek. Excerpts.

Business Connexion
BCX is a 35-year old company with about 7000 staff strength. It is the foremost IT system integrator with operations in Europe, Middle East and Africa. Until recently, BCX was acquired by the biggest telecoms Company in Africa which is Telkom South Africa.
Today, we pride ourselves in providing customer solutions in the areas of specialize services, IT services, system integration and we partner with the best club of original equipment manufacturers (OEMs) such as Cisco, IBM, Microsoft, HP, Oracle, Dell, Schneider Electrics; just to name few.
Business Connexion is also one company that is in the forefront of internet of things. It is obvious that IT transverses all aspects of human life today.
Therefore, we are business enablers. Also, we are that company that has been able to offer one-in-all-solution to offices, including large, medium and small businesses. In many organizations today you still see a lot of architectural work, networking provided by BCX.

Plans to Lead BCX (Nigeria’s) Vision
I am excited about working for BCX with combined sixteen years working experience. As the leader of the new BCX drives in Nigeria, one principal vision for us is to come up with value differentiation programme.
We are not going to channel our efforts on the competition; rather our drives are geared towards superior customer satisfaction.
Hopefully, when the customers are happy, our competitors will come behind. We intend to remain the trusted advisers to our customers; offering them consultancies as well.
Going beyond that, we understand the terrain/environment in Nigeria today. We are lining up blue ocean strategy that will keep us distinct from others.

Recession: Need for Knowledge-Based Economy
Talking about what government should be doing to harness ICT potentials in pushing the country’s economy forward; well, those challenges have be there for years.
Considering the situation we have found ourselves, government needs to come up with strong policies that will create enabling environment.
However, in as much as government is diversifying to other sectors; it must take into cognizance that diversification to knowledge-based economy is key now. When you talk about knowledge based economy, it is about exporting knowledge.
A typical example of knowledge-based economy is India. There are a lot of software from India used across the world. They rake in billions of dollars yearly. Thus, the Nigerian government needs to channel its interest around IT.
In addition, encourage local content. BCX has taken an initiative by appointing a Nigerian to lead its business in the country. This is the kind of initiative that should be encouraged among other multinationals.
Most importantly, ICT policies should encourage local talents to building exportable knowledge so that in few years from now we can leverage that aspect of our resources.
The way policies around ICT are written, the government needs to encourage private-public partnership. Gone are the days’ policies are drafted without inputs from the private/technocrats.

Specific Policy Areas Government Must Consider
No doubt, government has done a lot in enacting policies surrounding IT Governance; I give the officials all deserved credit.
But there are still more areas to be covered like encouraging training. Today, processes around getting forex for ICT companies are not as smooth as should. How do you encourage foreign direct investment with such restrictions.
NITAD, NOTAP, NCC and other are doing very well, however, there are certain areas that shouldn’t be left unattended. I must reemphasis that private/technocrats should be involved in drafting policies that concern this sector. That will be a significant step in the right directions.

Plans for Customers in Present Economic Realities
Still on the recession, Business Connexion is truly African; we are not naïve of the environment we operate in. Recession is something we know that denies you some privileges. So, BCX has taken a lead by mulling initiatives on how to help the customers.
We realized that it is a tough business environment; hence we are ready to help customers save capex, and building resilient business.
We are in the business of taking away the burden of capex by building infrastructure/services so they can pay over time. That way it becomes win-win for all parties.
And because we understand the challenges companies are facing today, our models are designed to empower businesses. Power, for instance, has been a perennial issue in Nigeria. Therefore, the cloud infrastructure was designed around taking care of that gap.

IoT as Evolution Strategy
Yes, I did mention in the beginning that we are pushing the internet of things (IoTs) drive in this ecosystem.
It is still part of our evolution strategies. When I mention customers, they cut across enterprises: large and small.
We are making huge investments on cloud technology. What that translates to is that a typical SME does not need to invest a lot in infrastructure, software or hardware.
Again, it is our business model to take everything to the cloud. In a layman’s term, when you take a business to the cloud, there is going to be economy of scale. So, we are undertaking a pre-investment on behalf of several SMEs.
To a large extent, we are here to support SMEs and large enterprises; providing solutions for them to manage their operations more efficiently. There are several segments of SMEs that we want to cover; so we are doing a survey that will help us understand them more for better services and products.

IoT, Cloud Computing and Skill Sets
I will start with the internet adoption. The talk about millennia started around 1996. From my experience as then public sector officer with Galaxy backbone, when the usage of technology was introduced in offices there was slow adoption.
But as government has taken up the challenge, today, we talk about e-governance, so, the civil servants are adapting to it. Likewise, in IoT and Cloud computing, there are going to be processes of adoption.
Once that is done it becomes seamless. An average person with a phone knows how to send message via Facebook. You are not trained on how to use Facebook; IoT will become a way of life.
That does not mean we are creating enabling environment for SMEs to leverage IoT or cloud, we want them to access the suites or several applications with ease.

Set Targets for BCX
I actually have my priorities for short, medium and long terms. One of the things I want to be remembered for is actually to bring Business Connexion to top position among IT companies in West Africa.
Again, I will lead the journey into the cloud for BCX, because that is the new phase of business. I want to have a proper handshake with both private and public sectors.
I have had the opportunity to work as a public servant, so brining these experiences together will enable me lead the course, especially in driving SMEs going into the cloud. BCX will unveil a lot of cutting-edge technologies.
I have mentioned that we investing millions of dollars on cloud technologies in the country and you will soon see the impact in this environment.

  


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Lagos Trends Worldwide After Hosting E1 Lagos GP Africa’s Maiden Water Racing Event

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History was made on October 4 and 5, 2025, on the waters of the Lagos Lagoon as Team Brazil by Claure Group claimed victory at the E1 Lagos GP presented by FirstBank.

The landmark event marked Africa’s debut on the global calendar of the E1 Series, the world’s first electric powerboat championship, and positioned Lagos at the forefront of sustainable sporting innovation.

The E1 Lagos GP drew thousands of fans to multiple viewing locations across the city, from the vibrant Official Fan Zone to the Ocean’s Club at Black Diamond Hotel and the Lagos Oriental Hotel Decks, which hosted premium hospitality experiences along the waterfront.

The Official Fan Zone quickly became the heartbeat of the event, attracting young Nigerians with immersive brand activations, race simulators, live music, and a festival energy that perfectly matched the excitement on the water.

After an action-packed weekend of competition, Team Brazil by Claure Group finished first, fending off strong performances from Team Blue Rising who placed second, and Team Drogba Global Africa who finished third.

Pilots Timmy Hansen and Ieva Millere-Hagin powered Team Brazil to victory, with Timmy Hansen named PIF Pilot of the Race. Racing was briefly delayed by a tropical storm over the Lagos Lagoon, but organisers and teams worked together to ensure the programme resumed safely and on schedule.

The outcome strengthens Team Brazil’s momentum as the season moves toward the Miami finale in November, while Team Brady retains the overall championship lead and a tight contest continues with Team Rafa.

The Lagos event also reinforced the E1 Series’ sustainability mission, showcasing zero emission race technology and local legacy initiatives including coastal clean-up and mangrove restoration programmes.

The race weekend attracted local and international media, dignitaries and sporting figures and underlined Lagos’ capacity to host major global sporting events on its waterways. By successfully staging the first E1 race on African soil, Lagos joins Monaco, Dubrovnik and Doha as an E1 host city and affirms its positioning as a centre for innovation, culture and sustainable sport.

 


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Africa Enters Age of Intelligence with an Advantage

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Africa heads into the Age of Intelligence with a distinct advantage: its people. By 2030, Sub-Saharan Africa will account for half of all new workers worldwide.

According to a new report, this is more than just a demographic fact; it is a historic opportunity. The report also states that talent remains the critical foundation of the AI stack—talent, data, compute, and use cases.

Zindi’s Kenya country report, compiled in collaboration with Dalberg Data Insights and the International Centre for AI Research Ethics, explored employability and career outcomes.

Zindi is professional community of African data scientists, working to solve the world’s most pressing challenges using machine learning and AI.

The report’s forward was written by Philip Thigo, special envoy on technology of Kenya, and states that without skilled employees, data is unrefined, compute is idle, and use cases are irrelevant. And he makes it clear: Africa’s talent is already contributing to the global AI economy, rather than waiting to be included.

Thigo goes on to say the evidence is compelling, stating: “Nearly 1 in 5 Kenyan Zindi users experienced a career change after joining the platform.

“More than 80% of those with completed profiles advanced in their careers, compared to just 3% without.

“Completing four or more challenges makes a user four times more likely to secure employment, while engaging in teams and discussions makes them three times more likely to get jobs.”

“These findings highlight an important truth: employability today is built not just in classrooms, but also in communities of practice, peer learning, and collective intelligence.”

According to Thigo, in this dynamic talent climate, companies must look beyond degrees and leader boards to find a vast pool of market-ready AI talent defined by resilience, collaboration, and creativity.

Similarly, politicians and educators are informed that the message is obvious.

Thigo writes: “If Africa is to secure its place in the digital economy, we must reimagine how we connect our youth to opportunity. Platforms like Zindi show that talent is abundant; what is needed are pathways that translate skills into livelihoods, and ecosystems that link learning to work.”

For Kenya, he notes that this resonates deeply with the country’s broader ambition: to build a sovereign AI ecosystem powered by African talent, clean data, and green compute—ensuring that Africa is not just a consumer of technology, but a creator of it.


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NITDA Calls for a Safer Tomorrow @ National Cyber Security Awareness Month 2025

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As the world becomes increasingly digital, our daily lives are now more connected than ever, through our phones, computers, and the internet we use every day. But with this growing connection comes a growing risk: hackers, scams, and cyber threats waiting for just one careless click.

The National Information Technology Development Agency (NITDA) is using this Cybersecurity Awareness Month to remind Nigerians that cyber safety begins with individual responsibility.

Everyone has the power to protect themselves and their communities by adopting simple but effective cyber hygiene practices, including:

  • Using strong and unique passwords for all online accounts.
  • Enabling two-factor authentication to add extra security layers.
  • Keeping devices and applications updated regularly.
  • Backing up important data frequently.
  • Avoiding suspicious links or attachments from unknown sources.
  • And thinking carefully before sharing personal or financial information online.

The theme for this year, “Cyber Hygiene for a Safer Tomorrow,” emphasizes that cyber hygiene is not only a personal responsibility but a collective effort. When individuals protect themselves, they also safeguard their families, workplaces, and the broader digital community.

As we continue to build a secure and digitally resilient Nigeria, NITDA calls on all citizens to stay alert, click wisely, and stay safe online.


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