Connect with us

News

Tony Elumelu, Jared Kushner, Other World Leaders Launch US Government Growth Strategy for Palestine and Middle East

Published

on

Kindly share this post

Heads of States and other global leaders convened at the Peace to Prosperity Workshop in Bahrain, organised by the Presidency of the United States of America in partnership with the host government, the Kingdom of Bahrain, to launch the US growth strategy for Palestine and the Middle East; a first step in the long journey towards establishing an enduring future for the region; the West Bank, Gaza, and beyond.

 

Providing the African perspective upon special invitation from the US Government, Tony Elumelu, founder, the Tony Elumelu Foundation and Chairman, the United Bank for Africa, headlined the summit, speaking on the opening plenary alongside Christine Lagarde, managing director, International Monetary Fund (IMF); and HE Mohammed Al-Sheikh, Minister of State & Member of the Council of Ministers, Kingdom of Saudi Arabia, to share practical recommendations to unlock future economic prosperity for the Palestinian people, using what is done at the Tony Elumelu Foundation as a replicable model for the economic empowerment of young men and women from the West Bank and Gaza.

 

Elumelu stressed the urgency and importance of supporting and empowering young Palestinians to ignite the entrepreneurial ecosystem and strengthen the Palestinian economy. For stable growth, he reiterated that young Palestinians must be empowered with jobs and economic opportunity to contribute meaningfully to their nation’s development.

 

“I come from Africa; and the reality is that we do have a lot of similarities with the Palestinian people; especially in the area of demographic make up. With over 60% of its nearly 5 million strong population under 30, the young people of Palestine need Jobs Jobs and more Jobs! Without jobs, there will be no economic hope. Big corporations and government alone cannot supply the jobs demanded by Palestine’s demographic pressures. We need SMEs and startups to address joblessness in the region, create jobs and opportunities in local communities for millions of our Palestinian young brothers and sisters to become employed, meaningfully engaged, and full of economic hope, which in turn leads them away from extremism.”

 

The renowned investor and philanthropist who is leading by example through the Tony Elumelu Foundation which has committed US$100m to empower young African entrepreneurs, called on endowed Middle Easterners and their philanthropies to step up and become more involved in empowering the young ones of Palestine. As he explained, “In the 21st century, we cannot keep relying on western donors to help empower our own people; we must step up and create a platform where they may partner with us for scale, just as we are doing at the Tony Elumelu Foundation.”

 

The Tony Elumelu Foundation annually identities and empowers entrepreneurs across all of Africa’s 54 countries with non-refundable seed capital of $5000 each, mentoring and training, and in over five years, has supported 7,520 young Africans. To resolve joblessness in the region, Mr Elumelu offered his Foundation’s unique economic empowerment model to be replicated in Palestine. “Young Palestinian people need similar opportunities like the ones we currently give young African entrepreneurs through the Tony Elumelu Foundation. We acknowledge that given Africa’s huge numbers, we are touching only a top of the iceberg, but we have seen first-hand how this model transforms individual lives, families, communities and cities.”

 

Agreeing with Elumelu on his call for an increased focus on SMEs and young people, Saudi Arabia’s Minister of State Mohammed al-Sheikh, stated: “The younger population and proper planning is essential to creating economic prosperity in the West Bank and in Gaza. If you look at the demographics in the region, it is a young population. As the Kingdom of Saudi Arabia looked to diversify its economy and carry out the structural changes to be less reliant on oil revenue, this required real commitment and hard work and buy in from everybody, with small-to-medium enterprises at the front and center of the Kingdom’s Vision 2030.”

 

Elumelu also called on the government to play its own role in supporting and prioritising the young people of Palestine: “Governments must play their own role: ensuring good governance is in place, prioritising infrastructure and the fight against corruption, and creating an enabling and conducive environment so that when these young Palestinians get opportunities, they can succeed.”

 

He continued: “As an investor, something that speaks volumes to me when I want to chose a country to invest in is this: is the private sector in that environment doing well? Do they have small and medium scale enterprises that are flourishing? This to me is the real signal of how successful my investment will be because what it is good for local investors is good for international investors. If economic conditions for local investors are not favorable, they can’t be for foreign investors. Government must ensure that local SMEs thrive to signal to global investment community that Palestine is open for business.”

 

Joining Elumelu in advising on the role of the government in creating a conducive environment for the private sector, Christine Lagarde, MD, IMF added, “We have seen a pressing need for capacity development in the field of public finance management, central bank strength and domestic revenue mobilization. These are the background in which private sector can have a predictable environment within which they can operate.

 

Advising development agencies on a more inclusive model for even greater impact, Elumelu stated: “Development agencies should also not sit in their offices abroad to design growth programmes and strategies for the Palestinian region, but must ensure that the people of Palestine are actively involved in pulling their people out of poverty. Development agencies must assist in a strategic manner, working with local partners who understand local nuances, so that the over $19 billion spent so far by the World bank and allied institutions on innovation and entrepreneurship is more impactful, transforms more lives and addresses the real issues on ground.”

 

In conclusion, the founder of the Tony Elumelu Foundation commended the US Government for this timely initiative and intervention but counseled on the importance of longevity and sustainability. “For what we are gathered here to be sustainable, endure over time and lead to sustained prosperity, we must involve the Palestine people. Until we collectively agree that any economic plan we put in place for Palestine and the region must be anchored by and on the small and medium scale enterprises to be permanent and fundamentally address the issues, we will continue to rely on quick fixes. We must prioritise inclusive growth that brings all to the table – women and youth especially – which in turn will create more hope and beget more security and peace. To achieve this, there must be collaboration between the Palestinian people, friends of Palestine, neighbours of Palestine, and led by the wealthy and endowed elite in the Middle east, to work together to economically empower young Palestinians. It is not too difficult a task for us to touch significant numbers out of the 2-3 million youth in the region.”

 

He continued, “The Tony Elumelu Foundation is ready to deploy our expertise in collaboration with the wealthy elite from the Middle East region, to create an affirmative plan, and send a strong message of hope for the Palestinian young people. If we prioritise them and create the right future for them, we will signal a new beginning in this part of the world. Only then will we achieve security and peace permanently because these young people will become inclusive stakeholders and the true champions of prosperity.”

 


Kindly share this post

Nigeria CommunicationsWeek believes that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. So since 2007, we have devoted our energy to independent reportage of technology and how they affect lives.

Continue Reading
Advertisement
Comments

News

Kaspersky Warns of Data Stealers Hunting for User Credentials

Published

on

Kindly share this post

As the malware development market continues to flourish with new stealers such as Lumma, for the last three years Redline still remains the dominant data-stealing malware used by cybercriminals.

More than half of every device (55%) targeted by password-stealer attacks in 2023 has been infected with the Redline malware, Kaspersky Digital Footprint Intelligence finds.

Infostealers infiltrate devices to illicitly obtain sensitive credentials such as logins and passwords, which are then peddled on the shadow market, posing significant cybersecurity threats to personal and corporate systems.

According to information gleaned from log-files traded or distributed freely on the dark web, Redline was used in 51% of infostealer infections from 2020 to 2023. Other notable malware families included Vidar (17%) and Raccoon (nearly 12%).

In total, around 100 distinct infostealer types were identified by Kaspersky Digital Footprint Intelligence between 2020 and 2023 using metadata from log-files.

The underground market for data-stealing malware development is expanding, evident from the rising popularity of new stealers.

Between 2021 and 2023, the portion of infections caused by new stealers grew from 4% to 28%. Specifically, in 2023, the new “Lumma” stealer alone was responsible for more than 6% of all infections.

“Lumma emerged in 2022 and gained popularity in 2023, through a Malware-as-a-Service (MaaS) distribution model.

This means any criminal, even those without advanced technical skills, can purchase a subscription for a pre-made malicious solution and use this stealer to carry out cyberattacks.

“Lumma is primarily designed for stealing credentials and other information from cryptocurrency wallets, commonly spread through email, YouTube, and Discord spam campaigns,” says Sergey Shcherbel, expert at Kaspersky Digital Footprint Intelligence.

To guard against data-stealing malware, individuals are advised to use a comprehensive security solution for any device. This will help prevent infections and alert them to dangers, such as suspicious sites or phishing emails that can be an initial vector for infection. Companies can help their users, employees and partners protect themselves from the threat by proactively monitoring leaks and prompting users to change leaked passwords immediately.


Kindly share this post
Continue Reading

News

World Energy Conferencing

Published

on

Kindly share this post

By Okoko Chidozie Christian

[email protected]; 09025179984.

In an increasing world, the effectiveness of meaningful human interaction becomes ever important.

World Energy Conferencing

The significance of networking remains at the very core of what we do; and to support this we strive to offer more opportunities through digital platforms to engage online year round.

Conferences as indispensable part of business could be a vital opportunity that is certain to reap one’s time, organizational commitment and lots more.

Research proven creditably reveals that conferencing provides a rare opportunity for key individuals within field specialism to come together collaboratively all over the world, in the same place, at the same time.

Such environment provides the perfect platform to network,

form partnership and exchange knowledge with both peers, and people from connected industries with whom one may not have previously connected.

A prospect such as this is sure to serve well both now and in the future.

Having known that conferences attract a unique and incredible mix of thinkers, leaders, experts and emerging talents with an existing predisposition to develop skills; it also stimulates industry progress and contribute to important global conversations.

World energy conferencing are energy-focused events set to draw in the world’s top businesses and their leaders to put the wheels of actions in motion against climate crisis and other major threats to the energy sectors and wider world as a result.

The later part of last year saw one of the world’s most pivotal sustainability events to date, COP28 reported in my previous article “Sustainability of Clean and Renewable Energy” on April 1st, 2024. The event saw world’s leaders take urgent actions and decisions on the transition away from fossil fuels and towards renewable and energy efficiency.

Undoubtedly, conference brings a wealth of forums, events, programmes which unite leaders about energy and industry’s interest topics, insights, guidance and tackling of some of the most pressing challenges.

These energy events will help in bringing together leading companies and talented people to provide business professional with high quality trade shows, digital solutions and connections, research reveals.

Some of the anticipated World energy events include World Utilities Conference Abu Dhabi, UAE (May 8-10,2024); International Conference in Energy Paris, France (14-15 May, 2024); Reuters Global Energy Transition New York, USA (7-8 June, 2024); Energy Tech Summit, Bilbao, Spain (10-11 April, 2024 ); Offshore Technology Conference, OTC in Houston Texas (6-9 May 2024), and many more.

World Energy Conferencing help companies and individuals to gain access to official media partnering and news publications for the world’s largest energy events thereby increasing their brand visibility through a variety of compelling content platforms helping to share latest innovations which are shaping the future of energy.

Also, connect industry leaders and passionate individuals from across the globe all committed to advancing the future of the energy industry in a path towards sustainable, renewable and affordable energy.

Technology expositions has helped a wide range of industry-leading companies to present energy-efficient products, energy management services and solutions.

Also, creates an environment for global think tank, powered by global innovation, pioneering minds and groundbreaking insights. As creating a new energy future require bold and different thinking, majority of these conferences regarded as the foremost events get accelerated global transition to clean energy, and bring leaders, policy-makers, investment incubators, corporate partners and world-class start-ups to work towards a greener tomorrow.

However, apart from being at the frontier of discovery on a global platform, conferencing witnesses the solution, ideas and game changers that matters amongst the world’s leading energy brands. It opens way for stakeholders to a unique occasion in examining critical insights, global drivers of energy prices and to network with energy specialists from other international companies of the world.

World energy conference platforms showcase advances in energy and a highly interactive experience that inspire progressive leadership thinking, collaborative and constructive actions. Regarding the concept of its most vital meetings, reflects its present and dedicated future to the entire society.

So, as we look ahead to the next 100years of energy mix; it is critical we consider not just the future of our energy technology, but also how we increase society’s energy literacy and create more inclusive bottom-up energy communities.


Kindly share this post
Continue Reading

News

SoftTalk Messenger Introduces Chat and Make Calls without Sharing your Phone Number

Published

on

Kindly share this post

Sharing your phone number on chatting platforms can expose you to unwanted spam, potential security breaches, and even compromise your identity.

Simple Azenabor, CEO, SoftTalk Messenger, a Nigerian developer based in Japan, said: “Anyone in an individual or a group chat can see your phone number. But don’t worry, you can use SoftTalk Messenger that doesn’t require a phone number.

“It gives you the best of both worlds, the freedom to communicate with anyone and everyone, and the security of keeping your phone number private”.

SoftTalk Messenger allows you to connect effortlessly with your friends, school mates, and family by using your @username, eliminating the need to share your phone numbers. This feature provides privacy for your phone number, particularly in group chats.

To add friends you simply search by their Unique SoftTalk @USERNAMES or Names to start a conversation and make encrypted HD audio and video calls.

It is possible for a user to turn off and on his profile from  the SoftTalk directory if he prefers not to be discovered in a public search for a complete world of his own. Helping you to communicate with friends safely and privately

SoftTalk Messenger is a Nigeria’s Messaging app for Africans & the world. It enables users to buy and sell products and services in a marketplace, post stories, chat, make audio / video calls as well as pay utilities bills & buy low cost data & prepaid mobile airtime in Nigeria with plans to expand to other African countries in the near future. Users can make extra income by reselling Data and airtime to their friends right from within the app.

Messages are encrypted and transferred over a secure channel and use standard encryption algorithms: RSA-2048, RC4+ making sure that only the receiver of the message is able to read it. SoftTalk Messenger accommodates a total of 500,000 participants in a single group, and members can share media and large files.

According to Simple Azenabor, there is no doubt that Nigerians and indeed Africans are hungry for a new technology and need something different that can be called our “own” . It is my wish to see Nigerians use and encourage an indigenous solution built by one of us to grow our own.

The android version of the app was first introduced to Nigerians in late 2018 in the presence of the delegates from the NCC officials and the Minister of Information, Alhaji Lai Raufu Mohammed represented by a Director General in the ministry. SoftTalk Messenger has been bootstrapping and exploring various technologies in order to strengthen its backend infrastructure to build a secure and scalable system.

Today, SoftTalk Messenger  is available on both android, web and the Apple iOS platforms with support of about 16 languages including French and can be downloaded on google and apple stores.

 


Kindly share this post
Continue Reading

Trending