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WAFICT Congress to Focus on Big Data, Cloud Computing

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As big data and cloud computing increasingly occupy the core of global activities in service delivery for both private and public sectors, how can governments and businesses in West Africa key into those areas through robust infrastructure to provide broadband to transform their countries?

This is the central focus of discussions for this year’s West African Information and Communications Technology Congress (WAFICT 2014) whose theme is “Broadband for Transformational Development: Empowering peoples, governments and industries in West Africa with technologies and solutions to transform societies.”   

When government officials, regulatory agencies in telecom and information technology, telecom operators, computing and software firms, technology companies, manufacturers, and other stakeholders converge this year, therefore, their task will be to provide answers on how to maximally utilise the infrastructures that already on ground in the sub-region as well as increase or add new ones in order to deploy broadband as a transformational tool for development.

Consolidating on the gains of past editions, the 2014 WAFICT Congress will open new frontiers for all-round economic development across West Africa using technology.

The two-day event, which will draw participants from across the sub-region, is billed to take place between October 30 and 31 at the Expo Hall of Eko Hotel and Suites Victoria Island, Lagos.

Running for the sixth consecutive year, the Congress is upping the ante this year, as it brings people at the highest levels of government, regulators, and operators as well as all stakeholders in the ICT industry together with one full focus of finding ways to leverage on technology for economic development.

Globally, broadband technology is seen as veritable tool in driving economic growth and this is not without verifiable evidences from countries with huge broadband penetration.

From Agriculture to power, education to healthcare, as well as commerce and financial services, how can Nigeria and West Africa leverage on broadband for an all-sector development? What progress has the sub-region achieved so far with broadband plans and blueprints? What is the current level of technology input in agriculture, healthcare, education etc. and how can this be improved upon? These and many more questions are waiting to be answered by industry experts, regulators as well as the operators.

According to the organisers, Africa’s foremost ICT magazine, IT & Telecom Digest, WAFICT 2014 is a grand platform to hear from Governments and Regulators in West Africa their policies, plans and strategies towards developing their economies with technology, especially as original equipment manufacturers as well as big data and cloud computing companies and professionals will feature prominently at the event.

The Congress, which holds alongside Exhibition, will provide an opportunity to beam further searchlights on cybercrimes and the challenging tasks for cybersecurity, as well as the way forward for local content in the telecom and ICT sectors in the sub-region. Telecom regulators and operators across the sub-region with top notch speakers will thus chart the course for the industry’s growth.

Mkpe Abang, editor in chief of the Magazine, in a statement, said WAFICT 2014 will be building on the success of previous events; but this year’s event presents delegates an even better platform as speakers and presentations will come from across many sectors, all of which sorely need broadband for their growth and the development of the society.

Right here in West Africa, the revolution also beckons but to what extent are the governments, regulators, operators as well as other stakeholders driving this revolution? How will this revolution result into enviable growth in agriculture, education and advancements in our healthcare systems? What policies and laws have governments in the region put in place to support and encourage investment in broadband, and expansion of the ICT industry? Could the governments have done more? Have they done enough? Could the regulators have been better partners in progress with operators than they have been? Are there still challenges preventing operators from rolling out broadband services to West African citizens? These and many more are the salient topics and issues that will occupy the focal points at WAFICT 2014” Abang said.

Big data is simply a blanket term for any collection of data sets  are so large and complex that it becomes difficult to process them using on-hand database management tools or traditional data processing applications as we know them in today or in the past.

And, to deliver computing as a service rather than as a product already further compounds the challenges of big data for a region that has difficulties of infrastructure.

According to Abang, “this throws up the challenges of capture, curation, storage, search, sharing, transfer and analysis, among others. As can be seen, the challenges affect both public and private sector, and such challenges are even more in West Africa where the channels of communication are not broad enough; hence, the need for broadband.

While a number of undersea cables area already available in West Africa, last mile and other challenges still hold back the region from reaping the fruits of these cables and provide broadband for the citizenry, which would be a great source for transformation development. WAFICT Congress 2014 will be a great platform for discussion s on the way forward,” Abang stated.


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Wema Bank Launches Second FGN-ALAT Digital ‘Skillnovation’ Cohort

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Wema Bank has launched the second cohort for the FGN-ALAT Digital Skillnovation Programme in partnership with the Federal Government to train and equip two million young people and 1 million MSMEs across Nigeria with relevant digital skills.

Since the launch of the first cohort in 2023, over 300,000 youths and business owners have leveraged the platform as a launchpad for their business and career success.

This cohort featured 100% virtual learning sessions through which participants from the 36 states in Nigeria and the Federal Capital Territory (FCT) were provided with self-paced online learning experiences.

As cohort 2 begins in the second quarter of 2024, the FGN-ALAT digital programme is officially transitioning to physical training sessions and the curriculum will cover key digital skills including software engineering, product management, business analysis, cloud computing and product design, among others.

This phase of the programme will be executed via FGN-ALAT digital hubs, which will be set up in the different states across the six geopolitical zones in Nigeria to ensure that every Nigerian can access the programme’s full benefits regardless of their location.

These hubs will be equipped with training and incubation facilities ideal for digital-driven learning, giving participants the opportunity to acquire marketable and transferrable digital skills and gain a competitive edge in the global digital ecosystem.

The FGN-ALAT digital hubs will be set up in phases and trainings will commence accordingly, starting with Borno  and Anambra State.

Wema Bank’s Executive Director of Retail and Digital Business, Tunde Mabawonku, emphasised the pivotal role of the programme in bridging the gaps in Nigeria’s macroeconomic landscape towards national development.

“We are unwavering in our commitment to supporting MSMEs and with the FGN-ALAT Digital Skillnovation Programme, it’s all about the bigger picture—which is why we have partnered with the Federal Government to augment the scale of this programme’s impact.

“By tailoring this programme to suit the needs of both entrepreneurial minded and professionally inclined Nigerians, we are not just arming SMEs for more efficient business management and growth, we are also equipping Nigeria’s workforce for increased productivity and the ripple effect will not only create more viable employment opportunities for Nigerians towards reduced unemployment and underemployment rates, but further drive economic growth and national development, boosting Nigeria’s position on the global playing field.

“The digital evolution is moving sporadically and by empowering our youth and MSMEs with in-demand digital skills, we are ensuring that Nigeria is not left behind as the world evolves.

“Beyond the intellectual resources and other non-monetary opportunities, we are going a step further to provide financial support for these participants in form of millions of naira in equity capital, soft loans and grants, to enable them put their learnings to practice and build sustainable streams of income that could help them become employers in their own right.

“I encourage you to take the big step forward in achieving your business and career goals by joining the programme. All you have to do is visit the website to register. This programme is completely free and there’s more than enough room for you. Your success is Nigeria’s success and as your unique journey unravels, our promise remains certain,” he said.

Referring to the programme as an eye-opener for all, Mariam Isah, a beneficiary of Cohort 1, said, “It’s almost unbelievable all I’ve learnt in one month virtual training.

“I started this training simply looking for a way forward for my business but I have unlocked secrets that are life changing not just in my business but in all aspects of life. I am so grateful for this rare opportunity, and I can’t wait to be a part of the cohort 2.”


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StarNews, Global Black Economic Forum Launch Business Competition In Partnership with MTN & USAID

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Africa’s leading video streaming platform, StarNews Mobile and the Global Black Economic Forum (GBEF), have announced a call for applications for the launch of their Business Competition in Lagos, Nigeria.

Held in partnership with MTN and United Nations Agency for International Development (USAID), the initiative will empower Nigeria’s most promising businesses that are classified as Small-Medium Enterprises (SMEs) with invaluable investment and partnership opportunities from the USA.

Held over 10 weeks between April 8th to June 14th, hosted exclusively on the StarNews Biz Channel on the StarNews platform, this competition offers a platform for emerging entrepreneurs to showcase their ventures and gain national visibility.

With subscribers voting for their favourite candidates, the top 20 contestants will seize the spotlight and make their mark on the business landscape.

The StarNews Business Competition in partnership with GBEF delivers a unique opportunity for thriving Nigerian SMEs to access mentoring, funding, partnerships and socio-economic development tools through the Global Black Economic Forum.

With the prospect of securing cash prizes through StarNews worth up to NGN5,000,000, getting access to StarNews’s network of investors and the opportunity to gain national visibility by having their business on the StarNews web platform.

The top three winners will also receive coaching from GBEF’s Academy for Advancing Excellence and become part of GBEF’s ecosystem of global leaders committed to social and economic justice across the Black Diaspora.

Previous speakers at GBEF convenings from the entertainment sector include Wyclef Jean (Haitian Musician & Activist), Debra Lee (Former CEO of Black Entertainment Television – BET) and Ceci Kurzman (Founder of Nexus Management Group). Applications will close on April 5th 2024.

Speaking on the competition’s launch, Guy Kamgaing, Founder and CEO at StarNews Mobile, says “The StarNews Business Competition is a passion project close to our hearts at StarNews Mobile.

It’s about discovering the most promising business entrepreneurs and creators in Nigeria, opening up global opportunities for them and providing them with the resources and tools to achieve their goals.

By partnering with MTN, USAID and GBEF, we want to be a platform of empowerment for these SMEs by helping them give back to the communities that are supporting them.”

According to the US Embassy and Consulate for Nigeria, over 80% of Nigerian startups are incorporated in the United States and more than 60% of venture capital funding in Nigerian startups accounted for by the US.

In 2023 alone, Nigerian startups raised a total of $398mn however, this signalled a 66% funding decline compared to 2022 due to the global economic downturn, reinforcing the massive need for a fresh injection of capital and business support for Nigeria’s emerging SMEs.

Alphonso David, President and CEO of the Global Black Economic Forum notes that, “Our partnership with StarNews Mobile is a critical resource as we continue to build the collective strength of entrepreneurship across the Diaspora.

“Building a sustainable ecosystem of Black entrepreneurs in the United States and across the African continent is essential to create a future that makes economic opportunity and economic freedom a reality for all.”

A sister company to ESSENCE, GBEF advances its work by convening global summits and conferences, bringing together world leaders, business leaders, entrepreneurs, celebrities and civic leaders to address the most challenging problems facing our communities.

GBEF’s Academy for Advancing Excellence facilitates workforce and leadership development strategy, addressing the talent pipeline & employee lifecycle, providing leadership development & coaching, and conducting institutional assessments & research.

GBEF also develops and implements economic and social justice policy recommendations with partners ranging from civil and human rights organisations to government entities and corporations that advocate for economic opportunity, social justice, and health equity through thought leadership, advocacy and litigation.

Launched in 2017, StarNews Mobile empowers African content creators with the unique opportunity to monetize their work through a subscription model, boasting over 4 million subscribers and a thriving community of more than 120 content creators.

With a strong presence across six countries including Cameroon, Nigeria, Côte D’Ivoire, Congo, Benin and Ghana, the platform has also established key partnerships with major telecom operators such as MTN and Orange.

To-date, StarNews Mobile has secured over $8mn in funding with its most recent raise – a $3mn pre-Series A funding round in October 2023 – led by Janngo Capital with participation from French football players Aurélien Tchouaméni, Jules Koundé and Mike Maignan.

 


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Companies Invest More than $100,000 Yearly to Upskill their Cybersecurity Teams – Study Reveals

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Over 70% of businesses pay more than USD $100,000 for additional training annually to keep skills of their cybersecurity employees up to date, a recent global Kaspersky study has revealed.

However, the surveyed companies also highlighted that there was a lack of relevant courses covering new challenging spheres in the educational market and stated that training does not always bring them the expected result.

In its recent study ‘The portrait of the modern Information Security professional’, Kaspersky examined the topic of the global cybersecurity staff shortage, analysing the exact reasons businesses lack cybersecurity experts, and identifying the ways they evaluate and upskill their cybersecurity workforce¹.

According to the research, companies are investing significant amounts in upskilling their cybersecurity teams: 43% of organisations globally say they usually spend between $100,000 and $200,000 per year on information security courses, while 31% even invest over $200,000 for training programs. The remaining 26% state they usually pay less than $100,000 for educational initiatives².

However, cybersecurity practitioners also note that the educational market is struggling to keep up with the rapidly changing industry and fail to deliver the necessary training programs on time.

Survey results for the Middle East, Turkiye, Africa (META) region shows that the scarcity of courses covering new challenging spheres (48%) was the main problem for those searching for cybersecurity training.

50% of respondents from the META region also stated that trainees tend to forget what they learned because they had no opportunity to apply newly acquired knowledge, therefore the courses were useless to them.

The need for special training pre-requisites such as coding and advanced mathematics, which were not specified at the pre-registration stage were also problematic for 37% of practitioners from the META region.

“With a constantly evolving threat landscape, businesses should continually improve the skills of their cybersecurity personnel in order to be well prepared for sophisticated cyberattacks.

“Developing high-profile specialists within the company and building internal expertise can be an effective strategy for organisations that aim to retain existing employees and allow them to grow professionally, instead of constantly hunting for new candidates and checking their professional backgrounds and practical skills.

“For organisations served by Managed Service Providers it is also important to maintain a pretty high level of expertise internally and use the same language when discussing the scope of services and Service Level Agreement with them,” comments Veniamin Levtsov, VP, Center of Corporate Business Expertise at Kaspersky.


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