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Stakeholders at MoDiTECH 2019 Harp on Leveraging Digital Services to Boost Nigeria’s Economy

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To fully embrace the possibilities that digital technology has to offer both the private and public organisations have to be willing to use agile approaches in which requirements and solutions evolve over time.

Through adaptive planning, evolutionary development, early delivery, and continuous improvement agile development methods encourage rapid and flexible response to change.

These were the thoughts of speakers at the maiden Mobile and Disruptive Technology Forum (MoDiTECH2019) organised by TechEconomy.ng in Lagos recently.

R-L: MD Rack Centre and Chair, MoDiTECH2019, Dr. Ayotunde Coker; Founder, CWG Plc and Keynote speaker, MoDiTECH2019, Mr. Austin Okere and ATCON Coordinator, Internet Services Providers, Mr. Desoye Amoo, during Mobile and Disruptive Technology Forum (MoDiTECH2019) held at Victoria Crown Hotel, VI, Lagos, recently.

Participants at the Forum were exposed to how industry leaders are using disruptive technologies such as Mobile Internet, Automation of Knowledge and Work, Internet of Things (IoT), Cloud Technology etc. to improve the quality of life for people and redefining business models such as Agritech, FinTech, e-Billing, e-Commerce, e-Governance, e-Payments, transportation, smart city, etc.

Speaking at the event, Prof. Garba Danbatta, executive vice chairman (EVC), Nigerian Communications Commission (NCC), said that through its regulatory excellence, the Commission is at the forefront of unleashing the digital economy that will spur industrial growth, job creation, and Return on Investment (RoI) for investors.

According to him, the internet is at the leading edge of digital revolution, which informed why NCC is supporting operators to deploy more infrastructure.

“Today, Nigeria has started a test-run of 5G, the latest technology for delivering broadband services and such other services as Internet of Things (IoT), Artificial Intelligence (AI). The trial will last for three months. Nigeria hopes to join other countries which are in a rush to deploy the 5G technology because of its immense promise for digital communication,” Danbatta said.

R-L: Chief Product Officer, Global Accelerex, Chuks Anakudo; President, Digivation Networks, Dr. Bayero Agabi and the Executive Secretary, African ICT Foundation, Mr. Emmanuel Bassey, during Mobile and Disruptive Technology Forum (MoDiTECH2019) held at Victoria Crown Hotel, VI, Lagos, recently.

Prof. Danbatta who spoke through Engineer Bako Wakil, director, Technical Standards and Network Integrity, NCC, also disclosed that the Commission was “at the verge of sending the N65 billion request for supporting the already six infrastructure companies (InfraCos) licensed to roll out broadband infrastructure across the country, to the Federal Executive Council (FEC) for approval”.

Meanwhile, Danbatta expressed concurrence of the Commission to the renaming of the Ministry of Communications to ‘Federal Ministry of Communications and Digital Economy’.

“The renaming of the Ministry shows a demonstration of the future of telecoms in all government sectors and the economy; the EVC, therefore, commended the Minister, Dr. Isa Pantami and members of the Federal Executive Council for the foresight and dramatic change. This, will spur a new debate and redirect the Ministry and other agencies under it as well as the private sector to a new awakening that digital economy brings,” he added.

L-r: Marketing Manager, Galaxy Backbone Limited; Head, Marketing and Communications at Rack Centre, Ejieke Ezeadiugwu and the Conference Manager West Africa – International Data Corporation (IDC), Theresa Etukodo Eshiet, during Mobile and Disruptive Technology Forum (MoDiTECH2019) held at Victoria Crown Hotel, VI, Lagos, recently.

In a keynote presentation titled: ‘Social and Global Impact: Engaging for Growth’, Mr. Austin Okere, founder/vice-chairman, CWG Plc recalled that in 2018, the mobile ecosystem contributed more than $500 billion to the funding of the public sector through general taxation, globally.

According to him, Nigeria as among the three smartphone super-powers to emerge by 2025, stands to benefit from the smartphone ubiquity across the world that enables consumer engagement in numerous use cases

He said, however, slowing unique subscriber growth, regulatory intervention and intense competition continue to put pressure on operators’ traditional mobile revenue.

Cross section of participants at the event.

“Over a fifth of the world’s markets will have launched 5G by 2020, spending combined $244 billion on networks in the process. In 2018, mobile technologies and services generated 4.6% of GDP globally, a contribution that amounted to $3.9 trillion of economic value added.

“The mobile ecosystem also supported almost 32 million jobs (directly and indirectly) and made a substantial contribution to the funding of the public sector,  with more than $500 billion raised through general  taxation. By 2023, mobile’s contribution will reach

“$4.8 trillion (4.8% of GDP) as countries around the globe increasingly benefit from the improvements in productivity and efficiency brought about by increased take-up of mobile services.

“Further ahead, 5G technologies are expected to contribute $2.2 trillion to the global economy over the next 15 years, with key sectors such as manufacturing, utilities and professional/financial services benefiting the most from the new technology.

“The mobile ecosystem directly employs almost 32 million people globally; 14 million directly and 17 million through related industries 

To this end, Mr. Okere called on State Governments’ to invest in digital economy especially by removing excess taxation on Right of Way (RoW) adding that over the next few years, as the enablers of mobile internet adoption such as infrastructure, affordability, consumer readiness and content/services, continue to improve, millions of people will start using the mobile internet for the first time, and will add value to the nation’s economy.

L-r: Senior Consultant, Digital Encode, Oluafemi Obadare; Chief Operating Officer, Fintech Association of Nigeria (FinTechNGR), Dr. Babatunde Obrimah; CEO, i-Naira.com. Hillary Nwaukor and Chief Technology Strategist at Debbie Mishael Consulting, Engr. Ifeanyi Frank Ogochukwu, during a panel session at Mobile and Disruptive Technology Forum (MoDiTECH2019) held at Victoria Crown Hotel, VI, Lagos, recently

He continued that “Mobile is a powerful tool for achieving the UN’s SDGs: since 2015, impact has increased across all 17 SDGs. 5G is an inevitable network evolution, and will create significant opportunities if the right conditions are in place.

 Dr. Ayotunde Coker, managing director,Rack Centre and Chairman of MoDiTECH2019, aligned with Mr. Okere, stressing that content consumption through the mobile channels, is rising hence mobile is a key driver, with more people watching video on their devices for longer and more frequently.

Speaking on the theme: “The Power of Digital Services”, Dr. Coker briefly highlighted the history of the internet and interconnectivity and how it has brought progress to the way businesses and other important economic activities are done in Africa.

Dr. Coker stressed the importance of digitisation on the African continent, and “What it means for us in Africa is to leverage the lots of benefits we can get. Benefits in terms of demographic advantage”

According to Dr. Coker, “the fourth industrial revolution is the next stage of digitisation with Africa has a focus; survival in the present economic structure is dependent on innovation. The journey of digitisation is now a way of life hence the demand for data has exponentially increased.

In his presentation on ‘Impact of Digital Solutions on Financial ServicesMr. Tunde Ogungbade, managing director, Global Accelerex, traced the history of banking and financial service provisioning to the 90’s when customers had to be physically present at a bank “in an orderly fashion, with a passbook or cheque” in order to carry out a financial transaction.

Thus, between year 2000 and 2011, were the era of search for utility among banks that engaged in fierce competition for the most branches in localities.

He said that this era was disrupted by internet banking and smart phones that paved the way for 24/7 banking; “Prepaid cards, the POS, the ATMs and then debit cards linked to bank accounts”.

“From 2012 to date we are talking about the search for more utility. This is the era of Web Payments; Mobile Payments; Smart POS Payments; Mobile Money &  Agency Banking, Then, BVN changed everything!” he said.

Mr. Ogungbade who was represented by  Chuks Anakudo, chief Product Officer, Global Accelerex, warned the banks to brace-up for more disruptions as payments will even migrate from traditional banking to native apps and point-of-sales solutions.

He added that Blockchain technology will further disrupt financial services like the internet did to the media.

L-r: Vice President of Nigeria Internet Registration Association (NiRA), Toba Obaniyi; CTO, Medallion Communications. Dr. Kris Ranganath and President, Association of Licensed Mobile Payment Operators (ALMPO), Chinedu Onuoha, during a panel session at Mobile and Disruptive Technology Forum (MoDiTECH2019) held at Victoria Crown Hotel, VI, Lagos, recently.

“Banks of the future may not need to hold funds in the vault, assets will be digitized in a more secured way. Therefore, the future to behold is closing the gap between what the financial institutions offer and what consumers really need”, said Mr. Ogungbade.

Earlier,  Mr. Peter Oluka, editor, TechEconomy.ng; conveners of #MoDiTECH2019, said the event was organised “to discuss, brainstorm, learn and review the overall impact of new digital technologies that are disrupting many industries.”

Oluka also reiterated the widespread recognition that Artificial intelligence, for instance, will be key to future business and digital transformation and driving increasingly autonomous and intelligent networks (for telcos) and improving the customer experience through greater learning of customer behaviour.

MoDiTECH2019 was sponsored by Global Accelerex, Digital Encode, Access Bank Plc, ActivEdge Technologies, Zenith Bank Plc, Galaxy Backbone, i-naira.com, Medallion Communications, while the Nigerian Communications Commission (NCC) provided support to the Organisers.


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ALTON, ATCON Urge FG to Address Telecoms Industry Challenges

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The Association of Licensed Telecom Operators of Nigeria (ALTON) and The Association of Telecommunication Companies of Nigeria (ATCON), representing Mobile Network Operators and telecommunication companies in Nigeria, are calling upon the government to take decisive action in addressing the numerous challenges confronting the telecommunications industry.

In a statement jointly signed by Engr. Gbenga Adebayo, chairman of ALTON and Engr. Tony Izuagbe Emoekpere, ATCON President, the associations underscored the urgent need for collaborative efforts between the public and private sectors to overcome obstacles hindering the sector’s growth and development.

Infrastructure Deficits: ALTON & ATCON members still lack access to essential telecommunication services due to a myriad of challenges, including multiple taxation and regulations and prohibitive Right of Way (RoW) charges, inadequate electric power supply and vandalism of telecommunications infrastructure.

 Protection of Assets and Network Infrastructure: Advocating for legislation that

designates telecommunications infrastructure as Critical National Infrastructure (“CNI”): Both Associations expressed deep concern over the escalating security threats facing telecommunications infrastructure in Nigeria.

Telecommunications infrastructure undisputedly plays a pivotal role in Nigeria’s national security and socioeconomic growth, especially as the country currently contends with multiple security challenges that require urgent and immediate actions in response to these threats.

Attacks on cell towers, fibre optic cables, and other critical assets disrupt telecommunications services and result in significant financial losses for operators.

The associations urge the government to prioritize the security of telecommunications infrastructure and collaborate with law enforcement agencies to enhance protection measures and combat vandalism and sabotage effectively.

Cost-Reflective Tariff of Services: ALTON and ATCON respectfully reiterate that telecommunications infrastructure development requires substantial investments in network expansion, maintenance, and technology upgrades.

Despite the adverse economic headwinds, the telecommunications industry remains the only industry yet to review its general service pricing framework upward in the last (11) years, primarily due to regulatory constraints.

For a fully liberalized and deregulated sector, the current price control mechanism, which is not aligned with economic realities, threatens the industry’s sustainability and can erode investors’ confidence.

ATCON and ALTON call upon the government to facilitate a constructive dialogue with industry stakeholders to address pricing challenges and establish a framework that balances consumers’ affordability with operators’ financial viability.

Regulatory Independence: ALTON & ATCON advocates for the sustenance of a culture of independence in the regulatory landscape to safeguard against undue influence and unwholesome incursion into the Nigerian Communications Commission’s (NCC) or (Commission) domain, which will inspire trust in the telecommunications sector and encourage investment.

Regulatory neutrality and independence are crucial to ensuring a thriving telecommunications sector. Statutory provisions lend credence to this notion, as a lack of an impartial regulator will lead to a failure to maintain public confidence in the objectivity and independence of its decisions.

ALTON and ATCON reaffirms its commitment to working collaboratively with the government to address the challenges facing the telecommunications industry in Nigeria.

By fostering a conducive regulatory environment, prioritizing infrastructure development, enhancing security measures, and facilitating pricing adjustments, the government can unlock the full potential of Nigeria’s telecommunications sector, driving economic growth and societal development.

 


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Qualcomm Shortlists Startups for Qualcomm Make in Africa 2024 and Awards 2023 Wireless Reach Social Impact Fund

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Qualcomm Incorporated today announced the shortlisted startups for Qualcomm Make in Africa 2024, as well as the winner of the 2023 Wireless Reach Social Impact Fund.

The Qualcomm Africa Innovation Platform, now in its second year, aims to work with and support the development of Africa’s emerging technology ecosystem by providing mentorship, education, and training programs with a focus on 5G, Edge-AI/ML, Compute, and IoT. This year, Qualcomm received an overwhelming response, with approximately 250 applications from 30 countries.

Highlights: 

  • Startup cohort announced for 2024 Qualcomm Make in Africa startup incubation program featuring technologies.
  • Announcement of the awardee of the 2023 Wireless Reach Social Impact Fund, supporting startups in scaling their societal and market impact.
  • Development of L2Pro Africa website content nears completion, providing free online training on intellectual property protection.

As the first initiative of its kind in Africa, Qualcomm Make in Africa is an equity-free mentorship program that identifies promising early-stage startups keen on applying advanced connectivity and processing technologies such as 5G, Edge-AI/ML, Compute, and IoT to innovative end-to-end systems solutions, including hardware.

These startups have demonstrated exceptional potential in applying advanced connectivity and processing technologies to innovative end-to-end systems solutions.

The selected startups will receive free mentorship, business coaching, access to engineering consultation for product development, and guidance on protecting intellectual property. The 2024 cohort includes the following startups (listed in alphabetical order):

  • Aurora Health from Kenya provides AI-based cardiovascular health care tools
  • CropScan from Kenya uses solar-powered smart farming IoT devices
  • Cure Bionics from Tunisia makes smart 3D printed prosthetic arms
  • DevisionX from Egypt provides AI-based low-code computer vision tools
  • Kalio from Cameroon is building AI tools for Agricultural IoT
  • Kitovu from Nigeria provides tools and software for smart agricultural warehouse management
  • NextAI Studios from Kenya builds AI-based emotion detection into toys for children’s mental healthcare
  • RIM Nextgen from Kenya, uses smart tools for monitoring propane consumption
  • Sparcx from South Africa uses AI for enhancing radar signal processing
  • Vizmerald from Tunisia, is working on AI-based textile industry inspection

Qualcomm is also proud to announce the awardee of the 2023 Wireless Reach Social Impact Fund. This fund, provided by Qualcomm through its Qualcomm® Wireless Reach™ Initiative, aims to support startups in scaling their societal and market impact.

Ecorich Solutions Limited, a female-founded organization based in Nairobi, Kenya, will be awarded funding to help scale the impact of their smart organic food composter.

Wireless Reach funding will support Ecorich to address the dual challenge of organic waste management and the need for sustainable agricultural practices, with the goal of reducing environmental pollution, improving crop yields for farmers, and mitigating waste-related health risks for communities.

The other nine startups from the 2023 cohort will also receive valuable stipends to continue fueling their growth. These startups have showcased innovative uses of wireless technology to address pressing needs in their communities.

In addition, Qualcomm is excited to highlight the progress of the L2Pro Africa IP e-learning Platform, a free online training program designed to empower startups, SMEs, and researchers in Africa to protect, secure, and maximize their innovations. This program has been created in collaboration with Adams and Adams, Africa’s leading intellectual property (IP) law firm.

The education content has been updated with individual filing procedures for patents, industrial designs, and trademarks in the countries of Kenya, Nigeria, Uganda, Ghana, Rwanda and within the two African patent organizations, ARIPO and OAPI.

These step-by-step descriptions of per-country filing requirements empower inventors to interact effectively with IP professionals such as an IP attorney and their respective IP offices.

“I am thrilled with the overwhelming response to the Africa Innovation Platform this year,” said Alex Rogers, President, QTL & Global Affairs, Qualcomm Incorporated.

“The quality and diversity of the applications received reflect the immense talent and potential within Africa’s technology ecosystem.

“We are excited to work with the shortlisted startups and provide them with the necessary resources and support to drive innovation and create a positive impact in their communities.”

“We applaud Qualcomm for launching the second year of its Innovate in Africa Platform, which not only equips the upcoming generation of African entrepreneurs with expertise in pivotal areas like AI/ML, healthcare, agri-tech, smart cities, and communications but also empowers them to safeguard their intellectual property through the complimentary L2ProAfrica program.”, said John Omo, secretary general, African Telecommunications Union (ATU).

Mr. Omo also emphasized that the ATU remains steadfast in its commitment to fostering innovation and entrepreneurship across the continent. “Our youth innovation program, among other initiatives, plays a crucial role in cultivating the talents and aspirations of Africa’s young visionaries,” he affirmed. “We are ready to collaborate with additional partners to realize this objective.”


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Mastercard and CEBIH join forces to bolster cybersecurity in Nigeria

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Mastercard, in collaboration with the Committee of E-Banking Industry Heads for Nigeria (CeBIH), recently hosted the second edition of its annual Fraud Forum in Lagos, Nigeria. Building on the success of the inaugural edition in 2023, this year’s forum convened key industry players ranging from financial institutions, payment service banks, and fintech companies, to discuss critical issues such as threats and vulnerability, intel-sharing, and best practices in combating industry risks.

The cybersecurity event, attended by key public and private sector actors, also covered the regional threat landscape based on Mastercard’s strategic threat intelligence data. This timely intervention is crucial in a region where cyberattacks remain prevalent, especially amidst Nigeria’s rapid economic expansion and widespread adoption of digital financial services.

Recent data from the Financial Institutions Training Centre (FITC) revealed a staggering 276% increase in fraud-related losses within Nigeria’s deposit banks, underscoring the need for continuous vigilance and proactive cybersecurity strategies within the financial sector. In response to the escalating threats amid Nigeria’s bourgeoning financial landscape, key government bodies have called for enhanced collaboration within the payment systems’ ecosystem to curtail the rise in E-Fraud in the country.

“We are excited to continue the Fraud Forum in Nigeria,” said Kari Tukur, Vice President, Customer and Solutions Center, West & East Africa, Mastercard. “With cyberattacks posing serious challenges within the Nigerian financial ecosystem, we take pride in establishing a platform where key stakeholders can convene, network, and exchange best practices to safeguard against potential vulnerabilities. Mastercard remains committed to creating unique and essential solutions to help business owners protect themselves and their customers against vulnerabilities, and this platform provides us with an opportunity to drive knowledge regarding these solutions as we aim to elevate cybersecurity standards and ensure the resilience of the Nigerian financial ecosystem.”

The forum delved into various aspects of cybersecurity, including common attack methods used by cyber criminals, their motivations, the assets they target, and the best practices to safeguard against attacks. Attendees gained valuable insights into the regional cyber threat landscape, with a focus on the financial services sector, which has become a prime target for cybercriminals in recent years. It also presented an avenue for Mastercard to showcase its latest fraud prevention techniques and tools, including the Mastercard Decision Intelligence, a real-time authorization decisioning solution that empowers issuers to approve more genuine transactions while effectively managing risk.

“We are delighted to partner with Mastercard on another edition of the Mastercard Fraud Forum in Nigeria. This event continues to serve as a pivotal platform for industry leaders, stakeholders, and experts to convene and address the evolving landscape of fraud and cybersecurity challenges, especially in a period marked by increased sophistication. With this year’s edition, we continue to deepen our commitment to fostering collaboration and implementing effective strategies to combat fraud and safeguard the integrity of the financial ecosystem.” Temitope Onibaniyi, Secretary, Emerging Payments of CeBIH, representing Celestina Appeal, the CeBIH Chairman, added.

The forum aligns with Mastercard’s goal of providing clarity to the complex cybersecurity landscape, in a bid to foster an ecosystem where digital transactions are built on trust. As part of its commitment to combating fraud, Mastercard also announced that it will be sponsoring the CeBIH Quarterly Sessions for the second consecutive year, bringing together industry experts to discuss the latest trends in fraud prevention and share best practices for protecting customers.

 

 


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