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With 16 PhDs, Accra Institute of Technology shows the way to produce doctorate degrees in Africa

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By Dominic Osei-Boakye

Birthed in 2009, started walking fully in the latter part of 2010 at a one block building surrounded by beautifully designed containers at the premises of the Civil Service Training Center and Government Secretarial School at Cantonments, the Accra Institute of Technology (AIT) has defied all odds and become a leader in producing PhDs in Ghana, one of Africa’s major centres of learning.

Once described by a Nigerian journalist as a “potter cabin university” with the registrar’s office labeled as a “two by four cubicle”, the AIT success story provides a model on Africa’s pathway to knowledge and skill development in a more globalised economy. And it is worthy of emulation.

Captained by Professor Clement Dzidonu, a world renowned Computer Scientist, backboned by eminent academics in the Board of Trustees (BoT) including Prof Edward Ayensu (Formerly of World Bank Inspection Panel) as Chairman, Prof. Ivan Addae Mensah (Former Vice Chancellor, University of Ghana) as Vice Chairman, Prof. Jophus Anamuah Mensah (Former Vice Chancellor of University of Education, Winneba), and Prof. Samuel Adjepong (Former Vice Chancellor, University of Cape Coast), the AIT has been built on a solid rock of knowledge champions.

In this league are also Prof. William Otoo Ellis (Former Vice Chancellor, Kwame Nkrumah University of Science and Technology), Very Rev. Ama Afo Blay (Former Director General of Ghana Education Service), Dr. Grace Bediako (Former Government Statistician) and Mr. K.S. Yamoah (Former Managing Director of the Ghana Stock Exchange). All of these academic have helped AIT to lead the way in terms of production of quality PhDs in the country, and the rest of the continent to set the pace in knowledge engineering.

Through its partnership with Open University of Malaysia, the Accra Institute of Technology has produced Eighty-One (81) PhDs since 2016. This translates into an average of Fourteen (14) PhDs per year. This is unprecedented and a great achievement for a young private university like AIT. Considering the fact that the PhD per capita of Ghana is alarmingly low, the contributions of AIT in bridging this gap cannot be underrated. More importantly, the partnership has fostered the new direction of knowledge-sharing across continents to close the gap deep learning and development.

Did this Come Easy? Not at all! To offer, run and graduate students on an internationally benchmarked Doctor of Philosophy (PhD) degree programs in Ghana is by all standards a herculean task. As a non-religiously denominated or related private university which is school fees driven with no support from government nor any other organisations, running PhDs can be very expensive. After paying supervisors, external examiners and reviewers, PhD Research Committee members, internal and external moderators, etc, the university retains virtually nothing and makes no profit. This explains why most of the private universities shy away from this daring venture since it is not financially worthwhile.

Additionally, getting supervisors and external examiners to mentor these PhD students is another huge task. Running PhDs in special areas like Business Administration, Information Technology, Engineering and Education come with so many difficulties in attracting supervisors and external examiners who dully qualify to mentor the students.

However, AIT has surmounted this hurdle with collaborations with several internationally recognized universities with competent Professors who have been working hard to produce these PhDs.

Speaking at the 18th graduation of AIT, held on 17th December, 2022 at the ultramodern Knowledge City Campus in Kokomlemle, where AIT graduated Sixteen (16) PhDs at a goal, the President of AIT could not hide his joy especially having led his team to make this huge contribution to academia in the country.

He stated: “Mr. Chairman, I will need to pause here to comment on the historic nature of the 18th Congregation of this young and dynamic University. Today we are making yet another history in this country’s annals of private university education. Mr. Chairman, it is my great honor and privilege to announce that we are today graduating for the 10th time, PhDs who studied at this university.

“This major achievement of a university barely ten years old makes AIT the first private university in Ghana to successfully offer and graduate students on an internationally benchmarked PhD program. This is no small achievement if put within the context of the fact that the PhD per capita of Ghana is extremely low. Mr. Chairman, we can claim that we have become one of the leading postgraduate research institutions on the continent. I want to take this opportunity to assure you that we are confident that we will again be graduating more PhDs next year.”

He added: “The Quality? The quality of the PhDs produced by AIT is not in contention. As highlighted by the President in his speech ‘Mr. Chairman, I am delighted to inform you that, at AIT, we are mindful of the need to provide high-standard tertiary education and training not only aimed at producing qualified and highly skilled people to drive the nation’s development in the information age but also to produce job creators, with the requisite entrepreneurial skills and expertise to set up and run their corporations in various fields.

“Also, as a research university, our focus on cutting-edge research work through our postgraduate programs and research initiatives is geared towards supporting the nation’s science, technology, and innovation (STI) drive towards developing a modern knowledge-based and wealth-generating economy in the information and technological age.”

AIT’s milestones underscored why it was ranked the best private university in Ghana in 2018 and 2019 and was also awarded the Best Technology University in Ghana for the fourth year running by Ghana Tertiary Awards.

Quality of the PhDs produced by AIT is shown in the progress of their graduates. Currently, AIT has Pro Vice Chancellors in public universities who became Professors in less than three years after completion. 60% of the graduates have become Senior Lecturers, Associate Professors and Full Professors few years after graduation. The strict requirements by AIT for students to publish minimum of five papers in a reputable and ranked journal sets the foundation for this growth. The PhD Candidature system where students are mentored by the PhD Research Committee for one year instead of just one supervisor through series of presentations and the strict requirement to write minimum three chapters of your thesis within that period also contributes heavily to the success of these students.

In the last 10 years of the program, AIT has graduated PhDs who are on the academic and administrative staff of almost all the private and public universities in Ghana and a number of Nigerian universities. Given the high international academic standard of the program, more than half of our PhD graduates in academia obtained their Associate or Full Professor within three years after graduation. These are outstanding landmarks pointing to how Africa can close the gaps for deep knowledge and research as it gears into the fourth industrial revolution (4IR).

If anyone thought AIT is resting on its laurels, then such people must rewrite their notes. At the 18th graduation ceremony, thirty-five (35) students graduated to become PhD Candidates after completing the first three chapters of their thesis in the first year. They should be completing their PhDs in two years. This is coupled with a number of students who are going through their Post Viva corrections and the twenty (20) students who are preparing to submit their thesis for examination. Two years from now, it is estimated that AIT will graduate not less than forty (40) additional PhDs.

The Chairman of the AIT Board of Trustees, Prof Edward Ayensu summed it all up in his speech at the 18th graduation: “So far, we are proud to report that our efforts in all directions are proceeding according to plan. We can assure this Congregation, and all stakeholders, that we shall not relent in our efforts to ensure the full fulfillment of that vision”

Conspicuously, the Accra Institute of Technology is showing the way and will fill the PhD gap in the country and across Africa in no time.

My final message to students all of Africa, start your journey with AIT from Bachelor’s, Master’s and PhD in Business Administration, Engineering, Information Technology, Computer Science, Education and Health and Safety.

Indeed! Your journey to the top starts at Accra Institute of Technology as it lives to its payoff as the University of the Future beginning today. Yes! In AIT, Africa has a chance to leapfrog; the milestones achieved by AIT in so short a while proved that point.

 

 

Dominic Osei-Boakye is  Registrar at AIT


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Ugo Onwuaso is an ICT enthusiast. He believes technology should be used for general good. He holds a Master of Public Administration (MPA) degree from the Lagos state University. Dear Reader, Your support matters. But we believe that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. That is why, we have devoted our energy to independent reportage of technology and finance and how they affect lives. Our incisive and analytical view of how technology news affects the daily life help individuals and organizations make up their minds. Quality journalism costs money. Today, we're asking that you support us to do more. Kindly support our effort to deliver technology and finance journalism to everyone in the world. Donate as little as N1,000. Bank transfers can be made to: UBA Plc 1017156876 Communication Week Media Ltd

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VFD Group Proposes SplitXchange for Financing Nigeria’s Creative Industry

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VFD Group Plc has proposed the introduction of a specialized Exchange that would address the issue of financing in Nigeria’s entertainment and creative industries to bolster foreign exchange earnings and economic development.

Folagbade Adeyemi, the Managing Director of Splitar Limited,  stated this while speaking at the Capital Market Correspondents Association of Nigeria (CAMCAN) quarterly Forum, sponsored by VFD Group Plc.

Adeyemi revealed that the Group is actively pursuing an exchange platform tailored to the media and entertainment sector, offering diverse investment opportunities for both domestic and international investors.

Currently in its development stage, SplitXchange when launched, would offer a platform for financing the media and entertainment industry, among other alternative assets.

According to him, “Seeing the huge potential in alternative assets, Splitar Holdings, through Split Exchange, would drive the alternative assets space with its revolutionary digital exchange.”

He emphasized the potential of this sector to significantly improve the GDP of the country and called for a collaborative approach towards establishing robust frameworks and clear guidelines to support investment in alternative assets leveraging technology.

“Unless we collaboratively set up institutions that can provide data around these asset classes and place a true value on these asset creators to make seeking finance a lot easier, we will not see significant returns.

“A lot of transactions have been ongoing within that space which are not captured within the country’s value chain. That is what SplitXchange seeks to address.”

With Nigeria’s estimated population at 208.8 million people, Adeyemi highlighted the increasing demand for Nigerian content locally and on a global scale.

Speaking on the theme: “Beyond Tradition: Increasing Relevance of Alternative Assets in the Capital Market,” Adeyemi lamented the absence of robust funding pillars in the country.

He emphasized the potential of Entertainment and Media, noting that globally there is an average market size of $41 billion as of 2021 with an estimated growth of 4.2 per cent.

While pointing out investments by Netflix and Amazon, which have churned out blockbuster movies that have gained viewership and streams across the globe, he noted that Nigeria’s biggest investor in the form of Pension Assets was yet to invest in the entertainment or streaming services.

He stressed the need to solve the problems of liquidity, efficiency, and barriers to entry in the country.

“In today’s market, the quick conversion of assets into cash is a challenge due to the absence of a well-structured marketplace that oversees and regulates these assets.

“The automation of processes such as compliance, escrow account management, dividend distribution, corporate action management, and drag-along actions technology presents a significant challenge in today’s alternative market. The high initial cost of assets in this market restricts participation to only affluent individuals and corporate investors,” he said.

He noted that the sector remains excluded from the organized financial sector due to the inability of intermediaries to recognize Intellectual Property (IP) as suitable collateral to access funding. “Projects are financed informally through a network of angel investors, high net worth individuals, non-governmental organizations, government, and personal savings,” Adeyemi said.

Furthermore, he pointed out that investors and asset creators face challenges when seeking investment opportunities or raising capital through traditional financial avenues.

“Traditional financial institutions are ill-equipped to appraise industry opportunities due to poor visibility, data, and income/revenue leakages leading to mispricing through high-interest rates, market illiquidity of associated securities, poor market depth, and lack of accessibility for retail investors,” he said.


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Konga Travel Commences Canadian Visa Services for Professionals and Students

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Konga Travels and Tours, a leading provider of travel services in Nigeria is pleased to announce the launch of its Canadian visa assistance services through strategic partnership with a licensed Canadian immigration company.

Konga Travels is now equipped and in a vantage position to assist clients in realizing their relocation dreams.

The new Canadian visa services cater to the travel needs of diverse category of individuals including students, workers, professionals, and investors looking for new opportunities in Canada.

Applicants can get exclusive packages on business immigration, study in Canada, work permits, as well as visit and tourist visa services with the professional assistance of Konga Travels and Tours.

The Business Immigration visa is tailored to investors interested in conducting business activities in Canada with a pathway to permanent residency. The Study in Canada visa service caters to students aspiring to pursue undergraduate or postgraduate studies in foreign institutions renowned for their academic excellence and global recognition.

Okezie Akaniro, Senior Vice President of Konga Online Limited expressed excitement about the expansion of the company’s service portfolio saying “We are thrilled to introduce Canadian visa assistance services to our esteemed clients because we understand the aspirations of Nigerians seeking to pursue educational, professional, or business opportunities in Canada.

“This partnership underscores Konga Travels’ commitment to providing holistic travel solutions that meet the diverse needs of our customers, with our expertise and strategic collaboration, we aim to simplify the Canadian immigration process and help individuals achieve their aspirations of studying, working, or investing in Canada,” he stated.

Expressing his enthusiasm for the new service, Abiola Bakare, Business Head of Konga Travels and Tours posited, “At Konga Travels, we continuously seek ways to enhance the travel experiences of our customers.

“The introduction of Canadian visa assistance services aligns with our goal of providing end-to-end solutions and simplifying the travel process for our clients.”

Konga Travels and Tours goes beyond processing visa applications. As part of its suite of services, Konga Travels offers flight booking, hotel reservations, and tour packages. Recently, Konga Travels and Tours further enhanced its offerings by partnering with Coronation Insurance to provide comprehensive travel insurance solutions.

For further inquiries, customers are encouraged to contact Konga Travels through any of the official customer touchpoints provided here:

Phone Call: +234 809 460 5555; 0708 063 5700

WhatsApp: +234 (0) 811 211 4488

Email: [email protected]

Facebook: Konga Travel

Instagram: @kongatravel


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5 Strategies to Prevent Payment Delays from Hurting Your Business

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Payment delays pose significant challenges for businesses across Africa. Maintaining a steady cash flow is essential for business growth and sustainability, making it crucial to address late or non-payments from customers.

So, how can SMEs effectively prevent payment delays? Let’s explore five actionable strategies to keep revenue flowing smoothly.

Streamline Payment Processes
Smoother payment experiences lead to prompt payments. Simplifying the payment process for customers by offering multiple payment options enhances convenience and reduces the likelihood of delays. It is important to note that collaborating with a reliable payment gateway is fundamental in achieving seamless transactions.

Embrace Subscription Models

Adopting a subscription-based payment model ensures consistent cash flow and predictability in revenue streams. SeerBit has innovative features, such as partial debits and automatic retries which fortify this model, ensuring uninterrupted revenue even amidst payment hiccups.

Digitize Invoicing

Transitioning from paper-based to digital invoicing eliminates delays caused by delivery hiccups, while also minimizing the risk of lost documents. Digital invoicing not only streamlines payment tracking, but also enhances operational efficiency.

Implement Incentives and Penalties

Introducing incentives for early payments and penalties for late payments encourages timely settlements. Customers are motivated to pay promptly to capitalize on discounts and other special deals, while the prospect of additional charges or sanctions deters delays. Reminder notifications serve as gentle nudges, prompting customers to fulfil their payment obligations promptly.

Proactive Payment Management

Partnering with SeerBit empowers businesses to proactively manage payment collections. With a robust payment gateway offering seamless transactions, recurring payment capabilities and digital invoicing services, businesses can effectively mitigate the risks associated with payment delays.

Conclusion

Preventing payment delays is critical for sustaining business operations and fostering growth. The World Bank predicts that late payments cost the global economy over $40billion every year. By implementing these strategies and leveraging the capabilities of SeerBit, businesses can optimize their payment processes, ensuring uninterrupted cash flow and significant long-term success.


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