E-Business
Blinken, Tony Elumelu, Rally U.S. and African entrepreneurs, investors & policymakers @U.S.-Africa Leaders Summit

About 300 entrepreneurs, investors, and celebrities took part in the opening reception for the US-Africa Leaders Summit, the investment-focused “Innovators Gathering”, honoring the influx of two-way investment and trade opportunities set to be announced at the U.S.-Africa Leaders Summit.

Founder, Tony Elumelu Foundation and Group Chairman, United Bank for Africa(UBA), Tony Elumelu, CFR; United States Secretary of State, Anthony Blinken; and Co-Founder, Tony Elumelu Foundation, Dr. Awele Elumelu, at the opening reception hosted by U.S. State Department and Tony Elumelu Foundation, at the ongoing U.S.-Africa Leaders’ Summit in Washington on Monday.
The Innovators Gathering: Investing in U.S.-Africa Cultural and Economic Ties was hosted on December 12 by the U.S Secretary of State, the Department of State’s Office of Global Partnerships, the Prosper Africa Initiative, and the Tony Elumelu Foundation.
Attendees included Secretary Blinken, Tony Elumelu, Dr A.V. Elumelu, Idris Elba, Yvonne Orji, New York City Mayor Eric Adams, Washington D.C. Mayor Muriel Bowser, and more – with virtual remarks from former President Barack Obama. All came together to celebrate and catalyze partnerships between U.S. investors and African and Diaspora innovators, influencers, and entrepreneurs.
The evening included a panel discussion themed “The Power of Investing in Africa” moderated by U.S. Special Representative for Global Partnerships, Dorothy McAuliffe, panelists included Dr. A.V. Elumelu, and Tony Elumelu Foundation entrepreneurs who shared inspiring stories of their startup journeys and the impact of the Foundation in empowering them to build, scale, and sustain catalytic businesses that have created jobs and helped eradicate poverty in their communities. According to a PWC impact report, TEF Entrepreneurs have collectively created over 400,000 direct and indirect jobs across all 54 countries in Africa.
Founder, Tony Elumelu Foundation and Group Chairman, United Bank for Africa(UBA), Tony Elumelu, CFR; United States Secretary of State, Anthony Blinken; and Co-Founder, Tony Elumelu Foundation, Dr. Awele Elumelu, at the opening reception hosted by U.S. State Department and Tony Elumelu Foundation, at the ongoing U.S.-Africa Leaders’ Summit in Washington on Monday.
The night also included a pitch competition organised by U.S. African Development Foundation and U.S. Chamber of Commerce, featuring dynamic African entrepreneurs, and a reception hosted by celebrity chef and entrepreneur Pierre Thiam.
In his remarks, Tony Elumelu shared, “I am an entrepreneur and I know the transformative power of entrepreneurship. In 2010, we started the Tony Elumelu Foundation- a platform that identifies, supports and trains young, brilliant entrepreneurs. To date, we have disbursed over $85 million to more than 18,000 young female and male entrepreneurs living across the 54 African countries, each with a non-refundable seed capital of $5,000. Additionally, we have trained over 1.5 Million African entrepreneurs, giving them world-class mentorship and business training. We have delivered effective programs to female entrepreneurs in fragile states and are now working on our intervention in the green economy.
We know we can do much more with partnerships. This is why we have convened this summit in collaboration with the U.S. State Department and other US Government agencies, to drive a global coalition, an alliance to catalyse entrepreneurship across our continent.
Mr. Elumelu further reiterated, “In the 21st century, the kind of support that Africa needs is one that moves away from aid and prioritises self-reliance, self-independence and sustainable progress”
Speaking on the panel, Dr. A.V. Elumelu highlighted the importance of entrepreneurship in building sustainable economies, particularly in Africa’s response to climate change. She said “No one will develop our economies but us. I see entrepreneurs playing vital roles in transformative sectors including healthcare, technology and the green economy. We invest in and train entrepreneurs to build sustainability, climate-conscious initiatives into their business models.”
The gathering was an important opportunity for the Biden Administration to demonstrate its support for Africa and to hear directly from African stakeholders on the development agenda needed on the continent – one that empowers, that prioritizes mutual benefit and delivers self- reliance.
Former President Barack Obama commended the U.S. Secretary of State, Prosper Africa, and The Tony Elumelu Foundation for putting together the kickoff event for the US-Africa Leaders Summit. Encouraging young African entrepreneurs, Pres Obama said “When you succeed, your country succeeds and that creates opportunity for everyone”, and to investors all over the world, he charged to “Look towards Africa, because something special is happening there”
The event kicked off the week of President Joe Biden’s U.S.-Africa Leaders Summit, held from December 13 – 15, an initiative birthed in 2014 under the administration of former President Barack Obama to demonstrate the United States’ longstanding commitment to Africa and the investment ecosystem they share.
E-Business
Google Blocks 5.1Bn Harmful Ads in 2024, Suspends 39m Accounts

Google’s 2024 Ads Safety Report revealed how artificial intelligence is now a frontline defense against harmful online content, blocking 5.1 billion ads, restricting 9.1 billion more, and suspending over 39 million advertiser accounts, most before a single ad was shown.
The crackdown comes as scams become more sophisticated, with many leveraging AI-generated content or impersonating public figures.
Google’s advanced AI models, powered by Gemini, helped detect fraud faster than ever, spotting signs like stolen payment info, fake businesses, or coordinated scam networks.
In Africa, including Nigeria, the impact is especially important. Impersonation scams and misleading political ads remain a major concern.
In response, Google updated its Misrepresentation policy, deployed a team of 100+ global experts, and took down over 700,000 scam-related advertiser accounts, leading to a 90 percent drop in reported impersonation scams.
With nearly half the world voting in 2024, Google also removed over 10 million election-related ads for failing to meet transparency rules requiring verified identities and clear sponsorship disclosures.
In his reaction, Alex Rodriguez, general manager for Ads Safety at Google, said these numbers show what AI can do when it’s focused on safety.
“We rolled out more than 50 AI model upgrades in 2024, helping us act faster and smarter—stopping threats before users even saw them,” Rodriguez added.
While AI handles large-scale enforcement, human reviewers now focus on complex cases.
Google continues working with global regulators, industry partners, and organizations like the Global Anti-Scam Alliance to keep ahead of evolving threats.
E-Business
DG NITDA Tasks Africa to Lead the AI Revolution Through Strategic Leadership, Inclusive Innovation

The Director General of the National Information Technology Development Agency (NITDA), Kashifu Inuwa CCIE, has urged industry leaders across the continent to integrate Artificial Intelligence (AI) into their business, organisational, and operational models to unlock new opportunities, redefine leadership, and drive smarter decision-making toward making Africa deeply rooted in AI-driven innovation.
Inuwa made this call when he spoke on “Harnessing AI for Strategic Leadership” during a panel session at the Main State of the GITEX Africa 2025 held in Marrakech, Morocco.
The aim of the panel session was essentially to explore how data-driven and intelligence-led strategies can transform business models, optimise resources, and unlock new opportunities through AI-powered processes across various nations.
Speaking to an international audience of policymakers, technologists, and investors, the DG positioned Africa, particularly Nigeria as a rising force in the global AI landscape, championing a people-first and strategy-led approach to AI development and governance.
The DG argued that to be effective in today’s dynamic environment, leaders must evolve into AI-driven leaders and leverage technology not just as a tool, but as a partner in decision-making.
“AI is shifting the skills we value today, as well as the processes we use to do our daily work, so to drive strategic leadership, you need to be an AI-driven leader and find a way to use AI as a tool to create co-intelligence whereby you bring people and computers to work together to deliver your strategic vision as a leader,” he noted.
While urging leaders to combine AI with the unique strengths of their teams to deliver real business value, Inuwa stated that “Strategy must always come first, and technology second.”
He outlined four principles for effectively utilising generative AI which are inviting AI to the tale, maintaining human oversight, designing models with guardrails, and adopting a mindset of continuous improvement.
Inuwa explained that AI is invited to the table by giving it a role in organisational tasks, maintaining human oversight to correct bias and misjudgment, designing guardrails to ensure privacy ethics, and inclusivity, and adopting a mindset of continuous improvement by treating today’s AI as the least capable version that can be used.
He however warned against the risks of deploying AI systems built on data that fails to represent the diverse realities of global societies. Stressing the need for digital visibility of all cultures and citizens, he cautioned that if data doesn’t see a community, the system won’t see it either.
Introducing NITDA’s approach to governance in regulating AI through the Regulatory Intelligence Framework that is anchored on the 3 pillars of Awareness, Intelligence and Dynamism.
“In our approach to regulating AI in governance, we have a framework we call Regulatory Intelligence Framework, which as a regulator we need to be aware of the environment, we need to be dynamic because things change, and we also need to be intelligent. We need to know the data and make sense out of it,” he disclosed.
“Then we have 2 approaches, the first one is a rule-based where you can come up with certain guidelines and expect people to comply with them and we have a non-rule based, which allows them to build use cases, and based on those use cases, put the guard rails and agree on the best practices, which is always the best when it comes to AI governance,” he added.
Envisioning Africa’s AI future in the next 5 years, Inuwa painted a visionary picture where the continent will integrate AI into solving real-world challenges in every economic sector thereby leapfrogging development gaps.
Inuwa firmly averred that by augmenting human capability with AI, the continent can unlock unprecedented levels of innovation, efficiency, and inclusive growth.
“We missed the first, second, and third industrial revolutions, but this fourth one, we must lead it and not just follow.” He concluded.
Other industry leaders who shared their experiences and insightful ideas at the panel session were the Special Envoy on Technology, Republic of Kenya, Philip Thigo, CEO Pesalink, Gituku Kirika, and the Head of Africa, Open AI, Emmanuel Lubanzadio.
E-Business
NIPOST in Intensive Care, Needs Reforms Need to – Kekemeke

Nigerian Postal Service (NIPOST) is in Intensive Care Unit (ICU) and needs urgent reforms to revive it, according to Isaac Kekemeke, board chairman of the service.
Kekemeke, who spoke at a workshop organised for NIPOST staff in Abuja yesterday, added that it is now time to go the whole hog to reform and make NIPOST fulfill its destiny to compare and compete favourably with multinational postal agencies.
“The approach may not be palatable at all times but we need to take the tough but necessary decisions to exit the intensive care unit. We are either out of ICU in good health or head for the morgue. NIPOST either functions effectively now as a commercialised state operator or gets privatised, so that myself, the PMG, and a good number of you risk the loss of our jobs,” the chairman said.
No doubt, he added, “Change is not always easy as many loathe change because of the uncertainty it brings but it is in my place to urge you all to embrace the change we advocate.”
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