Mustapha A. Gajibo, a visionary entrepreneur hailing from Borno State, Nigeria, has emerged as a beacon of innovation in the automotive industry. Gajibo’s groundbreaking achievements include the design and construction of air-conditioned electric cars equipped with a voice command system, all crafted from locally sourced materials.

These pioneering vehicles, fully conceived and manufactured in Nigeria, represent a remarkable leap forward in sustainable transportation. Capable of comfortably seating 12 passengers, the electric cars boast a range of 212 kilometers on a single charge and a top speed of 110 kilometers per hour. Furthermore, passengers can enjoy a fully air-conditioned interior complemented by an intuitive voice command interface.

One of the most remarkable aspects of Gajibo’s initiative is its commitment to local development, with 65% of the materials used in the manufacturing process sourced domestically. Additionally, Gajibo’s contributions extend beyond electric vehicles, as his company, African Motor Works Ltd, specializes in designing and constructing lithium-ion storage systems for renewable energy generation.

In collaboration with the Borno State government, Gajibo has introduced Electric Taxis to the Maiduguri Metropolis, generating employment opportunities, reducing transportation costs, and significantly lowering carbon emissions. This bold move positions Maiduguri on the path to becoming Africa’s leader in carbon emission reduction, marking a significant milestone in the fight against climate change.

Moreover, African Motor Works Ltd, under Gajibo’s leadership, is spearheading efforts to transition Maiduguri’s transportation infrastructure towards sustainability. By converting a fleet of 30-seater buses to utilize alternative fuels, Gajibo aims to enhance mobility while simultaneously mitigating environmental impact.

Despite facing challenges, including his decision to forego formal education in engineering, Gajibo’s unwavering dedication to innovation has propelled him to success. His journey from self-taught enthusiast to industry trailblazer underscores the importance of practical learning and real-world experience in fostering entrepreneurship.

As Gajibo continues to push the boundaries of possibility, he remains a vocal advocate for reforming Nigeria’s educational system to prioritize hands-on learning and experiential knowledge. Through his exemplary achievements and forward-thinking initiatives, Gajibo inspires a new generation of innovators to pursue their passions and drive positive change.

Anthony Emeka Nwosu

 

 

The National Commissioner, Nigeria Data Protection Commission (NDPC), Dr Vincent Olatunji, has ordered a full-scale investigation in respect of allegations of unauthorized access to the personal data of enrollees in the database of National Identity Management Commission (NIMC). This investigation is a further regulatory measure to be taken by NDPC in the wake of public concerns over reports of illegal access to personal data of enrollees by a shadowy entity called XpressVerify.com.

It will be recalled that prior to now, NDPC has been engaging with NIMC on fostering adequacy of data protection. To this end, NDPC held a training with relevant officers of NIMC early February, 2024. This is one in a continuum of measures being put in place by the Federal Government to ensure data privacy and protection.
We note that NIMC has initiated internal investigation and it has immediately given full assurances of cooperation with NDPC to get to the root of the allegation and to review existing mediums through which any entity may lawfully verify the identity of enrollees on its platform. Furthermore, NDPC will work with relevant agencies to audit the trails of the alleged unauthorized data processing and monetization of same, and those who are found culpable for violating the Nigeria Data Protection Act, 2023 will be brought to justice.

The National Commissioner further directed that preliminary findings of the investigation should be made public within seven days.

Babatunde Bamigboye, Esq. CDPRP
Head of Legal, Enforcement and Regulations

In response to the recent internet shutdown caused by the cut of a subsea cable, industry leaders convened at the Most Valuable Personalities in Nigeria’s Digital Economy summit, hosted at the Providence Hotel Ikeja, to address critical gaps in the nation’s digital infrastructure.

During the summit, Ike Nnamani, CEO of Digital Realty, emphasized the urgent need for Nigeria to bolster its subsea cable network to support the growing demands of its digital economy. Nnamani underscored the importance of attracting major Internet Service Providers (ISPs) to establish their infrastructure within the country, emphasizing that such investments are vital for Nigeria’s digital transformation.

“The expansion of subsea cables and the establishment of local infrastructure are paramount for Nigeria to fully harness its digital potential,” stated Nnamani. “Telcos must adapt their business models to meet the demands of the digital age, and regulatory frameworks should facilitate this transition.”

With Nigeria boasting one of the largest populations of telephony users on the continent, the country has emerged as a lucrative investment destination for digital infrastructure. Investors are closely monitoring developments in Nigeria’s digital landscape, recognizing the nation’s potential to lead the data center market in the coming years.

The event also addressed the crucial role of data center solutions in Nigeria’s digital advancement. Nnamani highlighted the country’s untapped potential in this sector, projecting Nigeria to surpass South Africa and become the leading data center market in Africa within the next decade.

As Nigeria seeks to solidify its position in the global digital economy, stakeholders emphasize the necessity of proactive measures to enhance digital infrastructure and foster innovation.

Digital Realty supports the data center, colocation, and interconnection strategies of customers across the globe. Its secure, global ecosystem creates a broader range of possibilities and pathways for customers, accelerating their digital transformation efforts

Anthony Emeka Nwosu.

 

It is with great honor that Professor Ndubuisi Ekekwe announces his appointment to the Board of the Abia State Diaspora Commission. This esteemed position underscores Prof Ekekwe’s commitment to the advancement and rebuilding of our beloved homeland.

In his statement, Prof Ekekwe emphasized the crucial role of Abians in the diaspora in the reconstruction efforts of Abia State. Regardless of location – whether in Lagos, Enugu, Kano, New York, London, or elsewhere – all members of the Abia diaspora share a collective responsibility to contribute to the development of our state. Together, we must unite our efforts to rejuvenate Abia, our cherished “God’s Own State”.

Moreover, Prof Ekekwe highlighted an impending economic initiative spearheaded by His Excellency, Dr. Alex Otti, the Executive Governor of Abia State. He called upon all Abians, both at home and abroad, to rally behind this vision for the betterment of our state. The Abia State Diaspora Commission stands ready to facilitate and support the realization of innovative ideas from the diaspora community.

Prof Ndubuisi Ekekwe, a distinguished member of the Abia State Global Economic Advisory Council and Co-Chair of the Abia State Economic Transformation Council, brings unparalleled expertise and dedication to his new role on the Board of the Abia State Diaspora Commission. His appointment reaffirms the government’s commitment to harnessing the talents and resources of Abians worldwide for the prosperity of our state.

 

New Local Distributors to Receive Additional Benefits

 

Vertiv (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, has kicked off a 2024 incentive that will see new distributors who join the Vertiv Partner Programme over February and March 2024 receiving additional benefits. This applies to new approved partners within South Africa, Egypt, Kenya, Nigeria and Morocco who join the programme during the incentive period.

The incentive will include 100 VIP bonus points for new sign-ups to both the Vertiv Partner Programme and the Vertiv Incentive Program (VIP), which focuses on rewarding these individuals for their hard work, before 31 March 2024. These points are redeemable for a wide range of rewards, ranging from leading-brand gadgets and home automation products, to wearable tech and kitchen appliances.

The Vertiv Partner Programme comprises five membership tiers: Silver, Gold, Platinum, Diamond and Diamond Elite. Each level brings with it benefits for partners, such as access to the Vertiv partner portal, which incorporates the Vertiv Learning Platform, as well as virtual and augmented reality tools, and project assistance. Partners are also able to use the Vertiv™ Solution Designer and Product Selector Tool to quickly and easily design infrastructure solutions for their customers.

 

In addition to the initial 100 bonus points given on sign-up, South African, Egyptian, Kenyan, Nigerian and Moroccan VIP partners who purchase eligible Vertiv products from Authorised Distribution Partners will continue to receive bonus points for every 100 Dollars in sales. Bonus points earned can be viewed via a personalised dashboard, where partners are also able to view incentives on offer and redeem their points.

Says Vertiv field marketing director for Africa, Jacqui Gradwell: “Building a strong network of local partners is a critical contributor to Vertiv’s growing success across Africa, and it is important that we not only provide them with all the tools and knowledge required to achieve this, but also reward those partners who help contribute to our positive growth within the region.”

In order to qualify for the 100 VIP bonus points incentive, new, potential partners should register for the Vertiv Partner Programme on the Vertiv Partner Portal here before the end of March.

 

NNEWI, March 20, 2024 – Yesterday marked a significant milestone for the community of Okpunoeze-Nnewi as they witnessed the official commissioning of a crucial road infrastructure project by His Excellency, Governor Chukwuma Soludo. The 3.2km road, located at the Okpunoeze-Nnewi Hotel road, has been identified by locals as one of the busiest arteries within Nnewi.

In a poignant tribute to the community, Governor Soludo reflected on a tragic incident that occurred two years ago during the campaign period. The loss of Mr. Emeka Nwokenagu (EzeB), the Uruagu Ward 1 APGA chairman, to criminal activities highlighted the urgent need for improved infrastructure and security measures.

During a condolence visit to the family of Mr. Nwokenagu, Governor Soludo personally experienced the challenges faced by residents and road users due to the poor condition of the road. Determined to address these issues, Governor Soludo prioritized the reconstruction of the road, recognizing its significance in enhancing the quality of life for the community.No alternative text description for this image

The commissioning ceremony was attended by esteemed dignitaries and community members, including Mrs. Uchenna Nwokenagu, the widow of Mr. Nwokenagu, and his aged mother. Their presence underscored the profound impact of the project on the lives of residents and the broader community.

With the completion of the Okpunoeze-Nnewi Hotel road reconstruction project, the community can look forward to improved connectivity, enhanced safety, and increased economic opportunities. Governor Soludo reiterated his administration’s commitment to prioritizing infrastructure development and ensuring the welfare of all citizens.

The Irish Tech Challenge 2024 was officially launched today by Irish Government Minister, Darragh O’Brien T.D., as part of a visit to South Africa to mark St Patrick’s Day. The Irish Tech Challenge South Africa, which seeks to foster partnerships between South African and Irish start-ups, is a partnership between the Embassy of Ireland in South Africa, the Department of Science and Innovation (DSI), the Technology Innovation Agency, along with implementing partners, Wits University’s Tshimologong Digital Precinct (South Africa) and Dogpatch Labs in Ireland.

Speaking at the launch which took place at Wits’ University’s Tshimologong Digital Innovation Precinct in Braamfontein, Ireland’s Minister for Housing, Local Government and Heritage, Darragh O’Brien T.D said:

“I am delighted to officially launch this year’s Irish Tech Challenge and to announce the expansion of the programme with an increase in the number of entrepreneurs to take part. Ireland is committed to deepening trade and investment relations with South Africa. This includes the promotion of entrepreneurship among women and young people from backgrounds of historical disadvantage. Our partnership with the South African government on the Irish Tech Challenge reminds us of the crucial role of technology and innovation in achieving the Sustainable Development Goals and inclusive economic growth.”

 

Building on the success of previous editions, the 2024 Tech Challenge aims to accelerate the growth of South African-owned, tech startups aligning with the United Nations Sustainable Development Goals (SDGs). Companies in clean and green technology, healthcare, education, and water sanitation and hygiene are particularly encouraged to apply, as part of the Tech Challenge’s aim to address pressing global challenges while promoting economic development and job creation in South Africa. The 2024 Tech Challenge will see an expansion with an increase of the number of winners to seven.

The selected seven startups will receive a range of benefits, including €10,000 each in grant funding, a curated 10-day trip to Ireland to access global customers and partners, Ireland’s top tech expertise and business acceleration, and increased visibility through support from both Irish and South African governments. Hesus Inoma, the Dogpatch Labs EIR comments:

“The Irish Tech Challenge offers more than a prize. It offers entrepreneurs the opportunity to catapult their business from the vibrant South African Ecosystem to a leading EU Tech Hub representing a leap towards international recognition and footprint.”

 

Minister O’Brien was welcomed at Tshimologong by Prof Zeblon Vilakazi, the Vice Chancellor of Wits University, who reaffirmed the university’s dedication to fostering innovation and entrepreneurship. Prof Vilakazi emphasised the pivotal role of Tshimologong Precinct in nurturing startups, positioning it as a key contributor to their growth and development. Wits University is committed to supporting the vibrant entrepreneurial ecosystem, exemplified by its active participation and coordination in initiatives like the Tech Challenge, which greatly benefits the startup community.

The launch event emphasised the importance of collaboration between governments, academia, and the private sector in driving innovation and economic growth. It highlighted the role of initiatives like the Irish Tech Challenge in creating a conducive environment for startups to thrive and succeed.

Chief Director for Overseas Bilateral Cooperation at the Department of Science and Innovation (DSI), Ms Anneline Morgan, welcomed the 2024 instalment of the Irish Tech Challenge, expressing South Africa’s commitment to bilateral relations with Ireland on science and innovation.

“This initiative underscores the two countries’ commitment to fostering innovation and driving technological advancement. Programmes like this provide a platform for aspiring technologists and entrepreneurs to showcase their talent, collaborate on groundbreaking projects, and contribute to the growth of tech ecosystems in both countries,” said Ms Morgan.

“By nurturing a culture of innovation and entrepreneurship, we are empowering the next generation of leaders to drive economic growth and address the socio-economic challenges of the country through science and innovation. South Africa’s Decadal Plan on Science, Technology, and Innovation (STI) typically sets out strategic priorities, goals, and initiatives for advancing STI over a ten-year period. These plans are designed to complement and support the objectives outlined in the National Development Plan.

The DSI encourages all participants to seize this opportunity, embrace the spirit of collaboration, and unleash their potential to shape a brighter future for the two countries and beyond,” said Ms Morgan.

In line with its commitment to diversity and inclusivity, the Irish Tech Challenge South Africa encourages applications from women, young entrepreneurs, and historically disadvantaged communities. By providing a platform for underrepresented groups to showcase their innovations, the challenge aims to create a more inclusive and equitable tech ecosystem.

As the Irish Tech Challenge 2024 sets off on its journey, it marks a new phase of innovation and collaboration in South Africa. With a focus on sustainability, social impact, and economic development, the challenge promises to catalyse positive change and work towards a brighter future.

The critical role of data in debt recovery amid surge in consumer debt

 

As South Africans and their pockets are impacted by rising inflation, cost-of-living increases, and a spate of interest rate hikes over the past two years, consumer debt has surged at an alarming rate. More people are turning to credit facilities to keep up with daily expenses, with worrying knock-on effects for businesses and the entire South African economy.

 

With a renewed focus on debt recovery processes and procedures, businesses need to ensure they have the most reliable, up-to-date information available to assist with recovering outstanding monies. “As the cost of borrowing escalates, and the average South African consumer finds themselves allocating approximately 62% of their take-home pay towards servicing debt, the need for efficient, effective debt recovery strategies is a crucial consideration for any business extending credit,” explains Chantelle Frier, National Sales Manager of SearchWorks, South Africa’s largest and most innovative data aggregation platform that allows users to conduct live, accurate searches on individuals and companies, and in-depth KYC checks online.

 

The household debt-to-income ratio in South Africa is projected to hover around 65.00% in 2024. This figure, coupled with an estimated R300 billion in debt owed to municipalities, paints a grim picture of the financial burdens individuals and businesses face. The consequences of massive debt levels also ripple through the broader economy. Postponed or missed payments contribute to inflationary pressures, escalating consumer expenses. The repercussions extend to the public and private sectors, resulting in financial losses that drive up prices and the cost of credit, ultimately burdening taxpayers as service quality deteriorates.

 

In response to these challenges, Frier says there is a need for a more nuanced approach to debt recovery that leverages the latest data aggregation technology. “The key to navigating this complex economic space lies in our ability to access and utilise up-to-date, relevant consumer data. By employing a comprehensive suite of data-driven tools, we can enhance the efficiency of debt recovery processes, from KYC checks to individual and company record tracing,” she notes.

 

Access to reliable, credible data enables debt recovery agencies to perform a wide array of verifications and searches, thereby crafting tailored, effective recovery strategies that take into account debtors’ individual circumstances.

 

“A one-size-fits-all approach to debt recovery is not only ineffective but can exacerbate the very problems we seek to solve,” Frier adds. “Businesses should be empowered to manage their financial risks with precision, ensuring that credit is extended and recovered in a manner that is sustainable for both the provider and the consumer.”

 

She adds that agencies should embrace modern technologies to ensure collections are conducted securely, legally, and with a vision that is sustainable over the long haul. “In today’s competitive market, the ability to streamline processes and maximise resources at the lowest possible cost is not just an advantage but a necessity.”

 

As businesses and individuals grapple with the implications of mounting debt, the role of data in shaping effective recovery strategies has never been more critical. By using SearchWorks, which offers the user 160 different search types and gives instant access to over 20 data sources, including all credit bureaus in South Africa, debt collectors can perform ID and bank account verifications, asset valuation, live tracing on individual and company records and batch tracing for multiple records at once; credit, past employment, property, vehicle ownership and directorship searches; and have access to an income estimator on the new client, all within the confines of the law.

 

“By leveraging technology, debt recovery businesses and departments can play their part in addressing the current debt crisis head-on, fostering a more resilient and equitable financial ecosystem,” says Frier.

In a groundbreaking move, Adaora Umeoji has shattered the glass ceiling to become the first female Group Managing Director and Chief Executive Officer of Zenith Bank. Hailing from Anambra, Umeoji’s ascent to this prestigious position marks the pinnacle of her career, a journey characterized by determination, integrity, and unparalleled success.

Umeoji’s trajectory within Zenith Bank is a testament to her unwavering commitment to excellence. Beginning as a young Corps member stationed at the Maitama Branch, her magnetic beauty was matched only by her relentless ambition. Eschewing shortcuts, Umeoji relied on her exceptional sales skills and persuasive prowess to attract high-profile clients, including ministers and political elites in the burgeoning capital city of Abuja.

Unlike many in her position, Umeoji refused to compromise her principles for professional advancement. Despite operating within a political landscape known for its moral ambiguities, she maintained her integrity, earning the respect and admiration of her peers and superiors alike. Notably, Zenith Bank’s founder, Jim Ovia, recognized and celebrated Umeoji’s ethical fortitude, viewing her success as a testament to the virtues of hard work and integrity.

Umeoji’s rapid ascent through the ranks of Zenith Bank reflects her unparalleled dedication and expertise. Armed with an impressive academic background and an unwavering commitment to excellence, she has not only shattered barriers but also redefined the possibilities for women in the banking sector.

As Umeoji assumes her role as GMD/CEO, she stands as a beacon of inspiration for aspiring female leaders everywhere, a living testament to the power of perseverance, integrity, and unwavering determination. Today, we celebrate Adaora Umeoji’s remarkable achievement and honor her trailblazing legacy in the annals of Nigerian banking history.

Voice, Data Services Affected by Undersea Cable Cuts Restored

After the disruption on March 14, 2024, which significantly impacted data and voice services due to cuts in undersea fiber optics along the coasts of Cote d’Ivoire and Senegal, we are delighted to announce that services have now been restored to approximately 90% of their peak utilization capacities.

All affected operators have successfully leveraged recovery capacity from submarine cables unaffected by the cuts, thereby restoring approximately 90% of their peak utilization capacities.

Assurances have been provided by Mobile Network Operators to the Commission that data and voice services will operate optimally until full repairs of the undersea cables are completed. They have successfully activated alternative connectivities, bringing the situation back to normalcy.

We extend our heartfelt appreciation to telecom consumers for their patience and understanding during the downtime caused by the undersea fiber cuts.