The United States Consul-General at the Consulate General in Lagos State, Will Stevens, has disclosed that the Joe Biden-led government is committed to supporting programs that provide Nigerian youth with quality technological learning opportunities. He stated this at the official opening of the Digital Expert Academy in Lagos on Monday. Present at the event were representatives from leading American tech companies, and Nigerian technology and business leaders. Stevens who spoke on the theme “Technology as an Enabler and Tool for Empowerment,” highlighted the importance of tech skills to Nigeria’s future prosperity and economic competitiveness. He explained that the Biden administration’s U. Strategy Toward Sub-Saharan Africa aims to drive digital transformation and foster a digital ecosystem built on open, interoperable, reliable, and secure internet and information and communication technology. “This initiative is investing in some of Nigeria’s richest resources – its young people. “We hope that by developing local talent in tech fields, we help accelerate medium and long-term growth in Nigeria’s and indeed Africa’s digital economy,” Stevens said. The Chairman, 21st Century Technologies Group, Wale Ajisebutu, explained that the Digital Expert Academy will help bridge the gap between youth and employers by better connecting young people with the changing […]

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Executive Overview Industrial companies have been on a digital transformation journey for some years now, but some are questioning how to proceed. Perhaps they conducted a series of technology pilots that failed or yielded unremarkable results. Maybe cost and ROI concerns are being raised, or for public companies, quarterly stock market pressures conflict with longer-term investments. Perhaps the pilots showed promise, but there’s no clear roadmap to follow and no clear vision to guide the way. Perhaps cultural norms are asserting themselves, with various organizations pushing back against innovation and change. Perhaps there’s a reaction to pandemic-forced changes that wants to see a return to normal. Or maybe directives from top management seem to require moving on to the next big topic, sustainability. Was digital transformation just so much hype, or should digital transformation still be a top priority for industrial companies? With one exception – the increased need for sustainability and energy transition improvements – the fundamental drivers for embracing digital transformation haven’t changed. The basic idea underlying industrial digital transformation is to use data and technology to increase flexibility in production processes, enhance the organization’s ability to address customer needs, and improve competitive positioning. Industrial companies still […]

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LaaS Expands to Further Accelerate Digital Transformation Nokia Expands Lab-as-a-Service Solution to Accelerate the Digital Transformation of Enterprises Nokia announced that it is expanding its Lab-as-a-Service (LaaS) solution to include the validation testing of industrial user equipment and third-party devices connecting people and machines over Nokia digital automation cloud (DAC) and modular private wireless (MPW) networks. This will allow enterprises to streamline the testing of equipment and Industry 4.0 use cases over private wireless to assess how they will help achieve their digital transformation goals. A dedicated device testing facility in Bangalore, India will allow more customers to accelerate Industry 4.0 service adoption. Nokia LaaS will enable enterprise customers to assess how devices and equipment working over 4.9G/LTE and 5G private wireless networks, will support their implementation of Industry 4.0 use cases. Leveraging Nokia Digital Automated Cloud (DAC) and Modular Private Wireless (MPW) customers will be able to see how enterprise, third-party or Nokia Industrial devices such as handhelds, fieldrouters, dongles and wearables will connect machines and people and how that can advance their digitalization journey. Device validation consists of standardized testing packages. Vertical segments will benefit from Nokia’s extensive network, connectivity knowledge and rapid access to a range […]

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MBABANE, February 8, 2023 — The digital economy offers Eswatini a range of opportunities to improve economic development and enhance public and private services, highlights a World Bank Digital Economy Diagnostic for Eswatini that launched today. The report provides an assessment of the five pillars of Eswatini’s digital economy comprising digital infrastructure, digital platforms, digital financial services, digital skills, and digital entrepreneurship. The Digital Economy for Africa (DE4A) is part of the World Bank’s support for the Africa Union’s Digital Transformation Strategy for Africa, which aspires to see every African person, business, and government digitally enabled by 2030. Eswatini could benefit from a digital revolution, with the potential to drive sustained and inclusive economic growth and provide much-needed jobs to the country’s young workforce. The accelerating pace of technology diffusion could provide an opportunity to unlock new channels for access to quality public and private services. “ Climate smart agriculture will benefit farmers, who represent 70% of Eswatini’s population, by increasing the productivity of their lands and enhancing their livelihoods. Implementing the recommendations of the Digital Economy Diagnostic for Eswatini would make a tangible contribution to the development of Eswatini’s economy ,” says Marie Francoise Marie-Nelly, Country Director for […]

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Cuhaci Peterson, a nationally recognized firm of architects, engineers and designers, has taken its commitment to implementing a complete digital transformation to the next level with promotions of Joshua Inman and Patrick Gibson. “I look forward to serving our teams while enhancing the opportunities before us to transform our operations for long-term, continued success at CP,” said Joshua Inman, Chief Operations Officer. Cuhaci Peterson, a nationally recognized firm of architects, engineers and designers, has taken its commitment to implementing a complete digital transformation to the next level with promotions of Joshua Inman and Patrick Gibson. Inman will take the title of Chief Operating Officer while Gibson will serve as the firm’s new Director of Marketing and Communications. Inman began his career at CP in 2003 and has held numerous roles in the firm, including project architect and project manager for the firm’s restaurant and food service programs. In his latest role, Inman served as the firm’s Director of Operations, leading digital system upgrades to set CP up for future success. As COO, Inman will shift focus to operational efficiency. He will be accountable for all production operations, including evaluating and updating business procedures to align with the firm’s strategic […]

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KIRKLAND, Wash.–(BUSINESS WIRE)–POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF), the leading provider of payments infrastructure in the cannabis industry, is proud to name Sarah Mirsky-Terranova, Esq., as the company’s Chief Compliance Officer . “Sarah’s depth of experience and industry knowledge provides our company with a tremendous opportunity to build upon our already intense focus on compliance,” said Ryan Hamlin, Co-Founder/CEO of POSaBIT. “We are beyond excited to welcome Sarah and her unique skills into our organization.” “More and more states continue to legalize both recreational and medicinal cannabis use, and to be at the forefront of it is truly exciting,” said Sarah Mirsky-Terranova. “In my role, I can help oversee our compliance and regulatory processes and cultivate key relationships as POSaBIT continues to expand into new states.” Sarah is a skilled compliance C-suite executive and attorney, and boasts extensive experience in managing and advising on in-depth case investigations pertaining to BSA/AML, financing and trafficking, sanctions, KYC, and fraud-related matters. In previous roles, she has managed regulatory reviews and mitigated gaps found in the financial crime investigative/escalation process that could pose a regulatory risk. In her role as Chief Compliance Officer of the Company, she will lead the POSaBIT team […]

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Vinet Kuumar In the world of digitalization, enterprise businesses are embracing digital transformation to negate modern-day challenges and stay ahead of the competition. By the virtue of new-age digital solutions, firms are streamlining different areas of their respective businesses and operations, which has allowed them to stay relevant and competitive. Furthermore, integrating digital technology across all functional domains transforms the company’s operations and customer value delivery. Firms must constantly question the status quo, try new things, and learn to accept failure in order to adapt to the cultural shift. Thus, using digital technologies may necessitate rethinking organisational strategies, tactics, and products. It’s quite evident that digital transformation necessitates collaboration across multiple domains. This includes auditing the company, changing the supply chain, integrating employee skill sets, and other actions. Before attempting any digital change, conduct a thorough analysis of the industry. This gives a clear picture of the market and the current situation and helps in developing a successful plan. On the other hand, utilizing the most recent technologies and keeping up with changing customer needs are made possible through digital transformation. Technological advances enable businesses to compete more successfully in a dynamic economic context. Amid the ever-changing market situations, […]

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Internet/Digitalization. INQUIRER FILES MANILA, Philippines — Member states of the Association of Southeast Asian Nations (Asean) have agreed to intensify cooperation in accelerating the region’s digital transformation in order to further support recovery from the COVID-19 pandemic. The 3rd Asean Digital Ministers’ Meeting and Related Meetings (ADGMIN) held in Boracay Island in Aklan province from February 9-110 tackled the region’s progress in the second year of the Asean Digital Masterplan (ADM) 2025, which aims to transform Southeast Asia into a “leading digital community and economic bloc.” In their “Boracay Digital Declaration,” Asean member states approved further strengthening cooperation to “accelerate the region’s digital transformation efforts to support the ASEAN Comprehensive Recovery Framework (ACRF), and to make sure that Member States have access to best practices and strategies to stimulate better use of digital services for COVID-19 mitigation and recovery efforts.” The ACRF, as defined by Asean, serves as the consolidated exit strategy from the COVID-19 crisis, which enumerates the region’s response through the different stages of recovery by focusing on key sectors and segments of society that are most affected by the pandemic, setting broad strategies, and identifying measures for recovery in line with sectoral and regional priorities. Each […]

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Participants at the program The People’s Council of Ho Chi Minh City coordinated with the Department of Information and Communications and the Ho Chi Minh City Television to organize a program called ‘People Ask – Government Answer’ in February, with the theme ‘Promoting socio-economic development and improving the investment environment.’ The program was chaired by Chairwoman of the municipal People’s Council Nguyen Thi Le and Vice Chairman of the city People’s Council Nguyen Van Dung. Director of Ho Chi Minh City Department of Planning and Investment Le Thi Huynh Mai said that in addition to general policies, the southern metropolis has its own policies to support businesses in terms of legal support, trade and investment promotion, and connections amongst businesses. Particularly, the Ho Chi Minh City Trade Promotion Center last year organized more than 100 programs to support businesses. Besides, the city has been building a close relationship between the government and businesses in addition to continued administrative reform and coordination with provinces in the Mekong Delta and the southern key economic region so that the city can provide raw materials immediately for business development. In 2023, the southern largest city will focus on implementing 10 solutions including continued […]

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The Central Bank of the UAE plans to adopt ‘advanced’ supervisory technologies and data management solutions. Photo: UAE Central Bank The UAE’s Central Bank has announced a new programme to accelerate digital transformation in the financial services sector, with initiatives spanning open finance and a new digital currency. The Financial Infrastructure Transformation Programme also includes a domestic card scheme, an instant payments platform, financial cloud and supervisory technology, the Central Bank said in a statement on Sunday. The new Central Bank Digital Currency (CBDC) will be used for both cross-border payments and domestic usage to “address the problems and inefficiency of cross-border payments and help drive innovation for domestic payments respectively”, the regulator said. “The FIT programme embodies the directions and aspirations of our wise leadership towards digitising the economy and developing the financial sector,” said Khaled Balama, the Governor of the Central Bank. “We are proud to be building an infrastructure that will support a thriving UAE financial ecosystem and its future growth.” Central banks are looking into the development of digital currencies amid the growing popularity of cryptocurrencies as an asset class among retail and institutional investors. The Bank of England and Treasury have set out a […]

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