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Lagos Dangles $100k Before Startups at Art Of Technology 3.0

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In pursuance of its smart city agenda of making Lagos a 21st-century economy and growing the technology space, the Office of Innovation and Technology, Lagos State is set to host the third edition of Art of Technology Lagos 3.0. curated by Eko Innovation Centre.

The two-day hybrid conference which holds the 3rd and 4th of December 2021 at the Oriental Hotel Victoria Island, Lagos from 9 am to 4 pm daily, will focus on funding and a connected Lagos to spotlight investment readiness, regulations, and policy formulations for tech startups in the tech ecosystem.

Art of Technology (AOT) Lagos is the largest tech conference in Nigeria which brings together key stakeholders from the public and private sector to discuss policies and initiatives that will pave way for the evolution of a smarter, digital, efficient, and competitive Lagos.

The event would also have top government dignitaries from Babatunde Raji Fashola, Hon. Minister of Works & Housing; to Dr. Isa Ali Pantami, Hon. Minister of Communication and Digital Economy, Federal Republic of Nigeria as special guests while the chief host is Babajide Sanwo-Olu, Executive Governor, Lagos State. Other eminent stakeholders in the private and public sectors will also be gracing the event.

The event will gather experts in the technology space, business, and financial sector. Some of the keynote speakers to dissect the theme and subthemes are Dr. Andrew S. Nevin, Financial Services Leader & Chief Economist (PWC, NG); Olukayode Pitan, MD/CEO, Bank of Industry; Kola Aina, Founder, Ventures Platform; Tomi Davies, Collaborator-In-Chief, TVC Labs; and Aishah N. Ahmad, Deputy Governor, Financial Systems Stability Directorate, Central Bank of Nigeria (CBN) among other experts who will be speaking during panel sessions. 

In a segment of the event titled Collaborate Lagos, 8 startups will pitch their products for a chance to receive up to $100k in equity investment from Eko innovation Centre. Collaborate Lagos is an initiative that seeks to give visibility to the best startups in Lagos. The selected startups will pitch to 8 judges, 50 VCs and a global audience. 

“Over the years, we get blown away by the number of startup entries for Collaborate Lagos. This year we had 168 top quality applications and we are lucky to have the best minds to help with the difficult task of selections. The startups pitching this year are Drugstore.ng, ThinkBikes, Healthstack, Eko Carbon Exchange, Retailar, Vinsighte, EonsFleet and SabiTeach. These Creative ideas are designed to address local issues and eye global expansion.  Good luck to the selected few,” the organizers disclosed in a statement. 

According to the Curator of Art of Technology Lagos 3.0 and Founder of Eko Innovation Centre, Mr. Victor Gbenga Afolabi, the two-day summit was building on the success of last year’s event which recorded a large turnout both physical and virtual, adding that its impact has been a phenomenon. 

He recalled that maiden edition which was held in 2019 and recorded over 2,000 participants in attendance, noting that one of the key successes was the launch of the Lagos Innovation Masterplan which has continued to guide the Lagos state government in achieving its SMART City agenda.

Also, the second edition hosted about 8,700 participants and witnessed the launch of Startup Lagos as well as Eko Open-source projects, with key participation from over 30 countries worldwide.

Recall, last year’s event was themed ‘Smart Data, Smarter Lagos,’ and the conversation centred on the fundamental role data plays in connecting the city with its citizens and how data can be collected, collated, analysed, and deployed for governance, commerce, and development. The event had the Vice president, Prof. Yemi Osinbajo; the Lagos Governor, Babajide Sanwo-Olu; Commissioners and other eminent stakeholders in the private and public sector.

Noteworthy, the Governor Sanwo-Olu raised the bar for government participation in Tech with a seed funding of 250million Naira to grow the Lagos Tech community at the maiden edition of AoT Lagos.

This year’s hybrid event will happen through an online VR experience [www.aotlagos.com], however, the physical ‘limited edition’ part will be hosted at Eko Hotel & Suites, Victoria Island, Lagos and attendance is strictly by invitation.

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Broadband Commission Seeks Action to Accelerate Connectivity and Progress on SDGs

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The Broadband Commission for Sustainable Development called for a joint global effort to achieve universal and meaningful connectivity by 2030 at its annual Fall Meeting held today at UN Headquarters in New York.  

According to the Commission, the collaborative effort must ensure that people around the world are not only connected, but that they also have the skills and knowledge to use that connectivity.  

The Broadband Commission—a high level public-private partnership fostering digital cooperation and developing actionable recommendations for achieving universal connectivity—stressed that accelerating universal and meaningful connectivity through partnership and cooperation is essential to achieve the UN Sustainable Development Goals (SDGs) by 2030.   

“We need to build a digital future that is inclusive, affordable, sustainable, safe and people-centered,” said Commission Co-Chair Carlos Slim. “There should be no digital deserts in the world, and there should be no one excluded from connectivity. People have the right to enjoy a safe, productive and affordable online experience. Broadband should enhance the quality of life of everyone.”  

At the meeting, the Commission called for innovative investment models to bring together private and public stakeholders to deliver meaningful access and content to those most in need.

“As technology advances and 2.6 billion people remain unconnected, it’s crucial to prioritize universal and affordable broadband access, coupled with investments in digital skills, and the elements that truly define meaningful connectivity, such as inclusive and localized digital content, accessible hardware, cybersecurity measures, and policies that ensure digital inclusion for all,” said Hon. Paula Ingabire, Rwanda’s Minister of Information Communication Technology and Innovation representing Rwandan President Paul Kagame, Co-Chair of the Commission.  

The Commission’s meeting comes amid the recent ITU announcement that 2.6 billion people across the world still lack access to the Internet in 2023. The reduction from the estimated 2.7 billion people offline in 2022 leaves about one-third of the global population unconnected.  

This year’s Annual Meeting also took place ahead of SDG Digital, an event convened by the International Telecommunication Union (ITU) and United Nations Development Programme (UNDP) to highlight how digital solutions can support the UN’s 2030 Agenda for Sustainable Development.  

“Tech is racing ahead and billions of people are being left behind,” said ITU Secretary-General Doreen Bogdan-Martin, a Co-Vice Chair of the Commission. “Our task is to invest in affordable broadband, digital skills, and everything that makes connectivity meaningful.”  ​

​At the meeting, the Broadband Commission launched “State of Broadband Report: 2023 Digital Connectivity – A Transformative O​pportunity.” The latest edition of the annual report reviews the progress of seven Global Advocacy Targets and highlights the opportunities that would come from broadband that is universally available, equitable and affordable.  

This year’s report notes that market trends for consumption and supply are shifting despite gains in connectivity. Those trends may not be strong enough to guarantee that the objective of universal and meaningful connectivity will be met by 2030.  

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NCC is Building Robust Legal Frameworks for Data Governance- Danbatta

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The Executive Vice Chairman/Chief Executive Officer (CEO), Nigerian Communications Commission (NCC), Prof. Umar Garba Danbatta said that data is critical to the digital economy, and assured that NCC is building robust legal frameworks for data governance.

The EVC stated this as one of the lead expert speakers at the 2023 Nigeria DigitalSENSE Forum (NDSF) on Internet Governance for Development (IG4D) with the theme “5G Data Governance, Safety and Security in Nigeria,” organised by ITRealms Media Group.
Danbatta, who was represented by the Head of New Media, NCC, Dr. Chidi Diugwu, said that the amount and speed of data generated using 5G technology is unprecedented and beckoned on citizens to embrace it and use it to the fullest. “As we embrace the transformative potential of 5G, we must also prioritize safety concerns,” he asserted.

As such, he pointed out the need to always prioritize consumer privacy, transparency and ethical data use. Maintaining that by cultivating trust and handling data responsibly, would unlock the full potentials of 5G technology and promote innovation in Nigeria.

“To ensure the security and protection of networks and consumers, the Nigerian Communications Act mandates its licensees to prevent their network facilities or services from being used in, or in relation to, the commission of any offence under any law in operation in Nigeria. In this regard, licensees are required to assist the Commission and other Law Enforcement Agencies in preventing crime in Nigeria,” he said.

The chairman of 2023 Nigeria DigitalSENSE Forum (NDSF) and President, Computer Society of Nigeria (NCS), Prof. Simon Adesina Sodiya, said the internet is a global connection of networks, that provides opportunity for people to share information in order to connect to one another.

Also, Sodiya said, the internet is like an open space, which any body could use for communication, connection, sharing resources, hence most organisations, individuals are connected to internet.

On the internet, Sodiya explained that the importance of data security and governance cannot be over emphasized, thus the essence to come up with guidelines, procedures, rules, for realistic usage of internet.

“It will not be done by government alone, it is multi-stakeholders efforts, which include government agencies, civil society organisations, individuals, and ICT professionals among others,” Sodiya said.

The chairman of 2023 NDSF equally noted that internet governance is very important because there are lots of criminal activities going on in the internet, however people who fall victims are not aware of these cyber criminals.

“Apart from criminal activities, we should not forget that our children are in schools and have been given opportunity to use internet. They should use it for something meaningful that will develop their life positively and not negative aspects. For instance, I have seen a father who said he found his 12-year old child watching porn videos,” he said.

What government needed to do, according to Prof Sodiya is to educate parents on how to provide use of internet for their children. Advising that parents should block some aspects of internet that might endanger the life of their children.

The Business Development Executive, Wizzhub Technology Limited, Mr. Uzor Francis, said he educated participants on benefits of 5G, such as speed carrying capacity, how much integral benefits and inter-connectivity of the devices that internet offers, as 5G enables most of these things.

About challenges of 5G, especially on security, Uzor said that will require enlightened participants on some of the measures, urging Nigerians to mitigate the challenges they may face while using 5G mobile services.

“It is important that 5G goes round not only to the cities but also in the villages so that everybody has access to it, to enhance connectivity for communications through the internet,” he said.

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Africa Region

Africa’s Smartphone Market Declines 3.4% In Q1

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Africa’s smartphone market declined 3.4 per cent quarter on quarter (QoQ) in Q1 2023 to total 17 million units, the lowest level of shipments since the start of the COVID-19 pandemic in Q1 2020.  That’s according to the latest figures announced by International Data Corporation (IDC), with the firm’s newly released Worldwide Quarterly Mobile Phone Tracker showing that rising inflation and local currency depreciations against the U.S. dollar have negatively impacted demand for smartphones across the continent.

Shipments of feature phones across Africa also declined in Q1 2023, although not to the same extent as smartphones. Feature phones remain relatively affordable and are still the preferred secondary device option for many consumers.

“Africa’s smartphone declined throughout 2022 amid weak consumer demand, and this has been exacerbated by rising inflation and higher device prices,” says George Mbuthia, a senior research analyst at IDC. “The average selling price (ASP) for smartphones grew QoQ due to high import costs and the fact that many vendors’ flagship devices are now equipped with 5G and have therefore moved up in price to the premium segment.”

Africa’s top 3 smartphone markets recorded a mixed performance in Q1 2023. South Africa and Nigeria both saw shipments decline QoQ, while the Egyptian market registered growth. South Africa was impacted by seasonality issues and weak demand, meaning vendors were unable to bring in new units while they continued to clear the channel. Egypt remains below its potential, but local assembly is picking up in the country and the government has now dropped its “letters of credit” requirement for vendors, both of which have helped the market to recover from its low base.

Transsion (Tecno, Itel, and Infinix) accounted for the largest share for smartphone shipments across Africa in Q1 2023, despite experiencing a decline in units. Samsung placed second, while Xiaomi came in third.

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