The Portsmouth Tech and Cultural Summit is gearing up for an exciting event on August 10, 2024, at the Buckland Community Centre in Portsmouth, UK. Organizers have unveiled an impressive roster of speakers representing diverse backgrounds in technology and culture. This initiative, spearheaded by Anuoluwapo Gabriel, founder and CEO of Pavolera Technology Limited, aims to empower under-represented communities navigating the UK’s tech landscape. It also seeks to foster collaboration and networking among professionals from various ethnicities. The event will be co-hosted by popular Nigerian actress, producer, and singer Bunkunmi Oluwashina (known for her role as Agemo in the Netflix film…
Author: ITPulse
Data from Stocklytics.com has predicted a significant slowdown in the annual growth rate of e-commerce, dropping from current highs to just 4.6% by 2029. This is even as the data indicates that the global e-commerce industry is on track for a record-breaking year, exceeding $4 trillion in revenue – a 15% jump from 2023. While the ease and popularity of online shopping continue to fuel double-digit growth, this trend is expected to shift within the next five years. The past five years have seen a surge in e-commerce innovation. Technologies like AI, voice search, and immersive AR/VR experiences have blurred…
The African Petroleum Producers Organization (APPO) has selected Abuja, Nigeria, as the headquarters for the newly established Africa Energy Bank (AEB). This is a significant win for Nigeria and the African energy sector. The focus of Africa Energy Bank, a joint venture between APPO and the African Export-Import Bank (Afreximbank), is to address funding challenges faced by Africa’s oil and gas industry during the global energy shift. It will act as a supranational institution, providing financial resources for various energy projects across the continent, including oil and gas exploration alongside emerging renewable energy sources. Meanwhile, The African Energy Chamber (AEC),…
Mr. Khalil Suleiman Halilu, the Executive Vice Chairman/CEO of the National Agency for Science and Engineering Infrastructure (NASENI), received a prestigious award at the 2nd Nigeria Excellence Awards in Public Service (NEAPS). Presented by Vice President Kashim Shettima on behalf of President Bola Ahmed Tinubu, the award recognizes Mr. Halilu’s exceptional leadership and achievements in engineering and industrial innovation during his first year at NASENI’s helm. The NEAPS ceremony, held at the Presidential Villa, celebrates outstanding public servants who significantly contribute to Nigeria’s development. Mr. Halilu’s recognition highlights his dedication to transforming NASENI into a hub for technological advancement and…
TD Africa, a distributor of cutting-edge technology solutions in Africa, splashed at the recent Huawei Connect 2024 held at the Sandton Convention Center in Johannesburg. Themed “Accelerate Industrial Intelligence,” the event brought together policymakers, tech enthusiasts, and industry leaders to celebrate outstanding partners and unveil new solutions. TD Africa walked away with multiple awards, a testament to their exceptional performance across various areas: Unmatched After-Sales Support: Recognized for their commitment to customer satisfaction through exceptional after-sales services. Exceptional Distribution Network: Applauded for a deep understanding of the African market, extensive network reach, and strong relationships across the continent. Unwavering Commitment…
QNET, a direct-selling company, recently held its V-Convention in Malaysia. The event attracts thousands of attendees globally and is seen as a platform to showcase the company’s commitment to transparency, ethical business practices and entrepreneur empowerment. Biram Fall, QNET’s Regional General Manager for Sub-Saharan Africa, emphasized that V-Convention allows stakeholders to witness firsthand QNET’s dedication to product quality, ethical business practices, and supporting its distributor network. “The convention brings together a diverse group of individuals, including marketing professionals, entrepreneurs, and media representatives,” he said at a Thursday webinar organised for Nigerian journalists. Notably, QNET has invited Nigerian journalists to the…
By Kehinde Ogundare According to the United Nations, artificial intelligence (AI) has the potential to contribute up to $15.7 trillion to the global economy by 2030 – of which $1.2 trillion could be generated by Africa. With the potential to unlock significant growth and development in key industries across the continent, AI is fundamentally changing how businesses operate, driving innovation, improving efficiencies, and transforming lives. Businesses of all sizes that have already invested in AI are reaping its benefits, from increasing business productivity and agility to improving customer experience and decision-making with McKinsey noting that AI leaders are outperforming their…
By Martin Ekpeke The Minister of Communications, Innovation and Digital Economy, Bosun Tijani, announced a major collaboration with the Ministry of Interior to improve emergency response in Nigeria. During a meeting with Olubunmi Tunji Ojo, his counterpart from the Ministry of Interior, the two Ministers explored ways to leverage technology for better service delivery. A key outcome of the meeting is the adoption of the 112 emergency numbers by all relevant agencies. This initiative, facilitated by the Nigerian Communications Commission (NCC), will bring services from the Nigerian Immigration Service, Nigeria Correctional Service, Nigeria Security & Civil Defence Corp, and the…
The global data center market is expected to grow by 30 percent and hit over $430 billion value by 2028, data presented by Stocklytics.com has shown. The growth, according to Stocklytics.com is a result of the surging use of AI technologies, which require significant computing power and storage, which has only fuelled the data center boom. Over the past decade, the once-niche piece of IT infrastructure- data centers- has become the talk of the investment world and a massive revenue driver for tech giants. Amazon Web Services generate almost 20% of the e-commerce giant`s revenue today. At the same time,…
By Martin Ekpeke The booming Nigerian technology space gets more traction recently following the visit by German entrepreneurs, innovators, and investors to Lagos, Nigeria, to seek potential collaboration between the two nations. The recent trip to Lagos was anchored by the Delegation of German Industry and Commerce in Nigeria (AHK Nigeria) and the German Corporation for International Cooperation (GIZ), and is aimed at bridging the gap between talent and opportunities across continents. One of the areas of potential collaboration is the Healthcare sector, as Gernot Sümmermann, founder of Cynteract, highlighted: “There are not many physiotherapists in Nigeria.” The German delegates…
