·Global Tech Event

The four-day LEAP23 saw an unprecedented 300,000-plus visitor registrations from more than 100 countries, and welcomed a high-profile faculty of 1,000 global investors

 Second edition welcomes 172,000-plus attendees to become world’s largest technology event by visits. Year-on-year visitor growth and more than US$9 billion in on-show announcements see Saudi event rewrite history books. LEAP24 (www.OneGiantLEAP.com)​ will run from March 4-7, 2024, with new venue set to double show size.

After setting numerous new industry records during its 2022 debut, LEAP23 has shattered benchmarks once again after confirming 172,000 attendees this year, making it the world’s largest technology event by attendance.

Organisers of Saudi Arabia’s LEAP – the world’s most visionary, and now most attended, technology event – have revealed next year’s edition, which will run from March 4-7, will move to a new home to ensure the pioneering platform continues to accelerate the Kingdom’s digital transformation.

After two game-changing outings, LEAP24 will transition to a 120,000 square metre capacity venue next year, enabling the third event to double in floor size and cater for even more innovative future technologies, digital entrepreneurs, tech startups, and high-profile guest speakers.

Powered by Saudi Arabia’s Ministry of Communications and Information Technology (MCIT) in conjunction with Tahaluf – a strategic joint venture co-owned by Informa PLC and SAFCSP – LEAP’s expanded new venue will further enhance the Kingdom of Saudi Arabia’s position as the largest digital market in the Middle East and North Africa (MENA).

“Momentum continues to go into orbit. In its first edition, LEAP22 enjoyed the largest debut of any technology event in history. In its second year, LEAP23 has rewritten the rule book once more to become the world’s largest technology sector event by attendance,” said Michael Champion, who heads Tahaluf, organisers of LEAP.

A core enabler in Saudi Arabia’s ambitious Vision 2030, the four-day LEAP23 saw an unprecedented 300,000-plus visitor registrations from more than 100 countries, and welcomed a high-profile faculty of 1,000 global investors – up from 350 last year. Comprising major investor groups, sovereign wealth funds, private family groups, as well as major venture capital and private equity funds focused on technology, LEAP23’s investor faculty boasted assets under management totalling US$2 trillion.

With on-event transactions exceeding US$9 billion – a 32 per cent year-on-year increase on the US$6.8 billion in deals announced in 2022 – LEAP23 has injected fresh foreign direct investment impetus into Saudi Arabia’s rapidly evolving digital ecosystems and startup economy. Major announcements this year have included mega infrastructure investments and multiple new data centres nationwide, a raft of billion-dollar-plus public-private partnerships, and new academies to foster and upskill homegrown talent.

During the closing remarks of LEAP23, Champion added: “There is no limit to the ambition of this event, or this nation. While the on-event investment announcements are truly unprecedented, the legacy of this year’s show will extend further and deeper than anyone can truly comprehend.

“There are 380,000 technology professionals currently working in Silicon Valley – the world’s tech capital – and there are 340,000 employed in Saudi’s technology industry. We are still only seeing the tip of the iceberg and when we consider that technology investment, adoption, innovation, and entrepreneurship are key pillars in the Kingdom’s ambitious economic diversification strategy, the potential for LEAP to power Saudi Arabia’s digital transformation and galvanise growth across the international technology arena is unlimited.”

For more information, please visit https://www.OneGiantLEAP.com

Leave a Comment

Your email address will not be published.

You may also like

Announcements Business Culture Economy Technology Technology Trends Telecoms Travels Trends

Airtel Nigeria Spreads Festive Cheer with 10th Edition of “5 Days of Love”

post-image

Airtel Nigeria has brought love and joy to communities nationwide with the successful conclusion of the 10th edition of its annual “5 Days of Love” initiative. The event, which spanned six states, reinforced Airtel’s commitment to giving back and spreading goodwill during the festive season.

This year, over 6,000 people across Lagos, Abuja, Borno, Enugu, Rivers, and Osun experienced the generosity of Airtel’s “Love train,” which made celebratory stops in each state. The initiative featured the distribution of hot meals and refreshing drinks to individuals and families, emphasizing the spirit of togetherness and care that defines the festive season.No alt text provided for this image

A Decade of Giving

Since its…

Read More
Business Culture Economy Investments

Nigeria Needs Industrialists, Not Traders: Efe Obiomah Champions Economic Change

post-image

“Nigeria doesn’t need more traders; it needs more industrialists,” says Efe Obiomah, a Marketing & PR Consultant and Trainer, as she reflects on the country’s economic challenges. Her call to action is not just a critique but a rallying cry for a shift in mindset and priorities.

Efe recalls a defining moment when she decided to leave an alumni WhatsApp group. The group was abuzz with conversations about a celebrity’s extravagant display of wealth at his mother’s funeral. While many applauded his success in supporting importers and traders, Efe took a different stance.

“I argued that Nigeria didn’t need more traders. We needed more Dangotes—people willing to build industries that could transform the economy. But my perspective wasn’t well received,”…

Read More
Business Gadgets Government Investments Opinion

Opinion: Why the NCC’s Telecom Tariff Hike is the Right Call

post-image

By Anthony Emeka Nwosu

When the Nigerian Communications Commission (NCC) announced the upcoming telecom tariff hike, many Nigerians understandably expressed concern. Starting January 2025, call charges will rise from ₦11 to ₦15.40 per minute, SMS from ₦4 to ₦5.60, and a 1GB data bundle will increase from ₦1,000 to at least ₦1,400. Change often comes with resistance, especially when it hits our pockets. But looking closer, this isn’t just about higher prices—it’s about ensuring the survival and growth of an industry that keeps Nigeria connected and moving forward.

For years, telecom operators have been struggling under immense financial pressure. Think about it: MTN Nigeria recorded a jaw-dropping ₦514.9 billion loss in just nine months of 2024. Airtel Africa, another major…

Read More
Business Economy Energy

NNPC Limited Joins OGMP 2.0, Strengthens Global Efforts on Methane Transparency and Net Zero Goals

post-image

 

In a landmark move that underscores its commitment to environmental sustainability and global climate action, NNPC Limited, Nigeria’s national energy company, has officially joined the Oil and Gas Methane Partnership (OGMP) 2.0. This decision is a significant milestone in the company’s strategy to address methane emissions as part of its decarbonisation agenda and achieve net zero methane intensity by 2030.

As a key player in Africa’s energy sector, NNPC Limited recognises the critical importance of methane mitigation in addressing climate change. Methane, a potent greenhouse gas, has a global warming potential over 80 times that of carbon dioxide over a 20-year period. Its reduction is pivotal to slowing the pace of global warming. NNPC’s decision to join OGMP 2.0 demonstrates its proactive approach to tackling methane emissions at the source while setting a standard for accountability and environmental stewardship in the oil and gas industry.

Global Framework for Local Impact
The OGMP…

Read More
Art Business Culture Entertainment

The Perilous Contracts Nigerian Artists Must Navigate By Onyedika Anambra

post-image

The Nigerian music industry is undoubtedly one of the fastest-growing in the world, producing global superstars and chart-topping hits that resonate far beyond the continent. Yet, behind the glitz and glamour lies a dark reality that continues to plague many artists—a cycle of exploitative contracts that rob them of their creativity, autonomy, and, in many cases, financial stability.

The recent ordeals of Seyi Vibez and Shallipopi serve as stark reminders of this grim reality. Seyi Vibez, one of the country’s rising stars, is embroiled in a bitter contractual dispute with Dapper Entertainment. His desire to break free from the label has led to a proposed out-of-court settlement that is nothing short of career-threatening. According to reports, Seyi Vibez would be required to stop releasing music for 13 months—a virtual death sentence in an industry that thrives on consistency and visibility. To compound…

Read More
Business Economy Education

Deborah Paul Enenche: A Bold Inspiration and a Celebration of Motherhood

post-image

 

The arrival of a new life is always a reason for joy, and I extend my heartfelt congratulations to Deborah Paul Enenche on the birth of her baby boy! This milestone is as unique as the woman herself, and it’s inspiring to witness how gracefully she navigated this chapter of her life.

One of the things I deeply respect about Deborah is how she chose to keep her pregnancy private, resisting the common temptation to share every moment on social media. Instead, she revealed those precious moments only after safely delivering her baby—a thoughtful decision that speaks to her wisdom and sense of priority. In today’s oversharing culture, it’s refreshing to see someone protect their journey with such intentionality.

If I’m being honest, Deborah, you looked absolutely radiant while pregnant. That special glow made your beauty shine even brighter. And, of course, your…

Read More
Business Economy Technology Trends Telecoms

NCC: Driving Transformation in Nigeria’s Telecommunications Sector Through Transparency and Innovation

post-image

 

The Nigerian Communications Commission (NCC) has solidified its position as a key pillar of growth, innovation, and stability in Nigeria’s telecommunications industry. Through consistent publication of factual reports and detailed statistics, the NCC has fostered trust, enabled informed decision-making, and empowered stakeholders, including Nigerians, investors, and operators. Its role as an exceptional regulator continues to serve as a benchmark for transparency and efficiency, driving the telecom industry to unparalleled heights.

Empowering Nigerians with Accurate and Actionable Data

The NCC has consistently delivered on its mandate to provide Nigerians with critical insights into the telecommunications sector. Through its quarterly and annual reports, the Commission ensures that Nigerians, whether consumers or businesses, are equipped with reliable data to understand the state of…

Read More
Business Economy Technology Technology Trends Telecoms

Telecom Leadership: NCC Drives Innovation in A2P Messaging with New Regulatory Framework

post-image

 

 

The Nigerian Communications Commission (NCC) has reiterated its commitment to fostering a fair, secure, and competitive telecommunications ecosystem within Nigeria and the broader ECOWAS region. This commitment was underscored during the Virtual Stakeholders’ Forum on the Draft A2P Licensing Framework, where Mrs. Chizua Whyte, Acting Head of Legal & Regulatory Services at the NCC, delivered the welcome address on behalf of the Executive Vice Chairman/CEO, Dr. Aminu Maida.

The forum brought together stakeholders from across the telecommunications value chain to deliberate on the proposed framework for regulating Application-to-Person (A2P) messaging services. A2P messaging is a cornerstone of modern communication, enabling businesses, governments, and organizations to send SMS notifications directly to consumers. It is widely used for transactional alerts, promotional campaigns, and essential public service updates.

A2P Messaging: The Backbone of Digital Transformation

In her address, Mrs. Whyte highlighted the critical role A2P messaging plays in the digital landscape. She described it as…

Read More