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AfriTECH 4.0 Unveils QNET, Galaxy Backbone, Digital Realty, Hyperspace, Other Sponsors Driving Africa’s Digital Future

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The organizers of AfriTECH 4.0 are thrilled to announce the official sponsors of this year’s event, showcasing a lineup of renowned organizations committed to advancing Africa’s digital transformation, with QNET emerging as Gold Sponsors.

Set to take place at Oriential Hotels, Lekki Road, Lagos, Nigeria, on Thursday November-07-2024, AfriTECH 4.0 is Africa’s premier technology and innovation conference, uniting industry leaders, innovators, policymakers, and tech enthusiasts from across the continent.

The theme for AfriTECH 4.0, “Leapfrogging Digital Transformation for Future of Africa’s Economy,” reflects the urgent need to harness technology for sustainable development across the region.

This year’s sponsors include major players in ecommerce (Direct Selling), telecommunications, artificial intelligence/blockchain technology, finance/digital assets, and cybersecurity, each recognized for their contributions to shaping Africa’s digital economy.

Official Sponsors of AfriTECH 4.0:

QNET – GOLD SPONSOR

QNET is a prominent lifestyle and wellness company that uses a direct selling business model to offer a wide selection of exclusive products that enable individuals to embrace a healthier, more balanced life.

Since 1998, QNET’s innovative products and e-commerce-driven business model have helped build a global community of satisfied customers and microentrepreneurs, who are driven by the mission of RYTHM – Raise Yourself To Help Mankind. Popular product brands offered by QNET include the Bernhard H. Mayer range of luxury watches and jewellery, HomePure range of home care products, the Amezcua wellness range, Physio Radiance personal care range, and QVI branded holiday packages.

QNET proudly holds memberships in the Direct Selling Association in several countries, the Hong Kong Health Food Association, the Health Supplements Industry Association of Singapore, and more.

QNET is also active in several global sports sponsorships including in its role as the official direct selling partner of the Manchester City Football Club and the Confederation of African Football (CAF), underscoring its commitment to excellence and global reach.  Discover a world of new possibilities with QNET by visiting www.qnet.net.

Galaxy Backbone

Galaxy Backbone was established by the Federal Government of Nigeria to operate a nationwide IP-based network that will provide a common platform for connectivity and other infrastructure services for all Government Ministries, Departments and Agencies (MDAs).

Galaxy Backbone currently owns and operates a 1482Km optical fibre backbone from Abuja across 13 states of the federation, with 19 more states coming. They also own and operate a 375km metro optical fibre network covering Abuja and other parts of the FCT.

As one of the telecommunications services provider in Africa, Galaxy Backbone’s sponsorship underlines the importance of robust connectivity infrastructure in driving digital transformation. GBB will showcase its innovative services and network solutions designed to empower businesses and individuals across Africa.

Digital Realty (Nigeria)

Digital Realty Nigeria is a data center operator that offers colocation, interconnection, and data center solutions. As part of Digital Realty, a global data center provider with over 300 facilities in more than 25 countries, Digital Realty Nigeria offers secure and scalable infrastructure, access to undersea cables, and carriers to connect to Europe and the Mediterranean.

Digital Realty Nigeria has a data center in Lagos, Nigeria, called LOS1, located at 8A Saka Tinubu Street, Victoria Island. Digital Realty Nigeria also has a data center in the Lekki area of Lagos, and plans for a fourth campus in the Ikeja area.

Hyperspace Technologies

Hyperspace Technologies is a Lagos-based web3 startup that offers web solutions, including websites, web applications, branding, marketing, and hosting. The company also has a focus on security, with a patented product called cipherKEY tap2sign MFA that uses blockchain, public/private key cryptography, and NFC (Near Field Communication) technology to protect against identity theft, phishing, and social engineering.

Open Access Data Centres (OADC)

With the development of Africa’s digital economy a significant driving force for the continent’s economic growth, the launch of Open Access Data Centres (OADC) represents a major milestone for Africa: a US$500 million-plus, multi-year investment programme that will strengthen key elements of the continent’s digital infrastructure.

OADC has made a significant impact on the market in terms of its rapid speed in building a network of data centres and flexible client solutions. Learn more about OADC at AfriTECh 4.0.

Honourable Mentions: Several other sponsors, including leading tech startups and industry associations, are contributing to the success of AfriTECH 4.0, ensuring the event delivers on its promise to be a dynamic platform for networking, collaboration, and thought leadership.

They include, Digital Encode Limited, Tecom, Northsnow, Internet Exchange Point of Nigeria (IXPN), AfriGoPay Financial Services Limited, Cyberchain, Lagos Blockchain Week, InnovationBed Africa, amongst others.

AfriTECH 4.0 will feature keynote speeches, interactive panel discussions, workshops, and exhibitions, focusing on emerging technologies like artificial intelligence (AI), blockchain, fintech, cybersecurity, and digital infrastructure. This year’s sponsors will take center stage to share their insights and offer practical solutions to the challenges facing Africa’s digital economy.

Speaking on the sponsorships, Chike Onwuegbuchi, co-convener, and AfriTECH 4.0 Organizing Committee Chairman, said:

“We are excited to have such a strong group of sponsors onboard for AfriTECH 4.0. These organizations are not only leaders in their respective fields but also catalysts for change in Africa’s digital ecosystem. Their support underscores the importance of collaboration in shaping Africa’s digital future.”

AfriTECH 4.0 is expected to draw hundreds of attendees, including government representatives, business executives, technology experts, and innovators from across the continent and beyond. With the support of its sponsors, AfriTECH 4.0 is set to be a landmark event, driving conversations and initiatives that will propel Africa’s digital economy to new heights.

For more information about AfriTECH 4.0, including sponsorship opportunities, visit the website: https://africatechallianceforum.africa/.

Participation is free, but you are required to register via the link here: https://bit.ly/3ZPdi88.

 


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Beware!, Fraudsters Using our Name to Defraud Investors- NNPCL

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Nigerian National Petroleum Company Limited (NNPC) has warned local investors and foreign businesses about the activities of fraudsters falsely claiming to represent the company.

Beware!, Fraudsters Using our Name to Defraud Investors- NNPCL

The state-owned company said the impostors are reportedly soliciting illegal fees under the guise of arranging meetings with the new NNPC board members, executives, and management.

The disclaimer comes following the change of the NNPCL board.

On April 2, 2025, President Bola Tinubu appointed a new 11-member board with Engineer Bashir Bayo Ojulari as the Group Chief Executive Officer (GCEO) and Ahmadu Musa Kidano as executive chairman.

In a statement signed on Monday by Olufemi Soneye, chief corporate communications officer, NNPC, t said the practice of soliciting fees is completely unauthorised and unlawful.

NNPCL said, “The general public is advised to beware of individuals and companies falsely claiming to represent NNPC Limited.

” Their tactics include soliciting fees for meetings with the NNPC board of directors, executives, and management staff. These actions are unauthorised and illegal.

“Foreign investors and international business entities are especially urged to remain cautious. If approached, report the incident to the appropriate authorities immediately.”

The company clarified that engagements with its boards or executives must follow official channels in line with company policy.

The oil giant said, “All legitimate engagements with NNPC Limited occur strictly through official channels or business units only.

“For further enquiries, please contact us at contactus@nnpcgroup.com.

“NNPC Limited remains committed to transparency, integrity, and the protection of our stakeholders in all interactions.”

The company called for public cooperation to prevent scammers from defrauding investors.

 

 

 

 

 

 

 


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FG Plans AgriConnect Initiative Pilot

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Nigeria’s Federal Ministry of Communications, Innovation & Digital Economy (FMCIDE) has announced that plans to support the country’s farmers with its AgriConnect initiative have kicked off with a pilot scheme launched in Ogun State in southwestern Nigeria.

FG Plans AgriConnect Initiative Pilot

Dr ‘Bosun Tijani, minister, communications, Innovation and Digital Economy,

Dr ‘Bosun Tijani, minister, communications, Innovation and Digital Economy, last week launched the initiative at the Ogum State Cultural Centre Complex. AgriConnect is described as a transformative programme designed to digitally empower Nigerian farmers through real-time access to agronomic services, weather insights, financial tools and market intelligence.

The pilot scheme is being implemented in partnership with technology vendor Huawei Technologies and operator MTN Nigeria.

AgriConnect will initially benefit over 1,000 farmers, selected from the Ogun State Farmers Information Management System (OGFIMS), with over 160,000 registered farmers.

Each beneficiary will receive mobile-data-enabled smart devices, embedded with Huawei’s AI-powered tools and MTN-supported connectivity to enable smarter planting, better risk mitigation and streamlined communication with government data centres.

Speaking at the launch, Dr Tijani noted that AgriConnect highlighted the importance of food security. Referring to a target of cultivating 500,000 hectares of land, he pointed out that innovation would be an important part of the effort.

As the government builds out the framework from this pilot in Ogun State (a leader in cassava production), he said, it aims to scale the AgriConnect model across other states – “ensuring that every farmer, regardless of geography, has the opportunity to benefit from the digital economy”, as he put it.

The AgriConnect initiative reflects an FMCIDE commitment under the government’s Renewed Hope Agenda to promote rural inclusion and leverage Nigeria’s comparative advantage in agriculture.

By fusing AI, connectivity, and human-centred design, the ministry says that AgriConnect stands as a scalable model for advancing food security, driving innovation, and improving livelihoods for smallholder farmers across the country.


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AAAN Congratulates Steve Babaeko, X3M Ideas on Financial Times Recognition

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Association of Advertising Agencies of Nigeria (AAAN) has extended its heartfelt congratulations to Steve Babaeko and the entire X3M Ideas team following their remarkable achievement of being ranked 31st on the Financial Times’ prestigious 2025 list of Africa’s Fastest-Growing Companies.

This recognition by the Financial Times, in collaboration with global research firm Statista, highlights X3M Ideas’ outstanding performance and resilience in a highly competitive and challenging business landscape.

The agency’s ranking was determined based on its compound annual growth rate (CAGR) between 2020 and 2023, verified through independently certified financial data, underscoring the credibility and transparency of the accolade.

Founded by renowned advertising executive Steve Babaeko, X3M Ideas has consistently demonstrated innovation, operational excellence, and creative leadership. The agency’s bold campaigns and commitment to impactful storytelling have not only elevated its profile in Nigeria but have also established its presence across several African markets.

This milestone marks a significant moment for Nigeria’s creative sector, traditionally overshadowed by industries such as fintech and energy in continental rankings.

AAAN President, Lanre Adisa, in a statement, congratulated Babaeko and X3M Ideas on the remarkable recognition. He said: “Steve’s tenure as AAAN President was quite revolutionary. He raised the bar for our association and industry at large. His leadership brought bold ideas to life, executed with brilliance and a deep sense of purpose for the creative community.

“This global acknowledgment is a testament to his enduring impact, not just as a creative force but as a trailblazer on the African continent.”

The Financial Times’ 2025 list features 130 top-performing companies from across Africa, with Nigeria and South Africa accounting for a significant share, reflecting the economic strength and entrepreneurial spirit of the continent’s largest economies.

X3M Ideas’ recognition not only celebrates its own growth but also signals the rising influence of the creative economy in shaping Africa’s future.

This latest accolade adds to a string of recent achievements for X3M Ideas, including being named Independent Network of the Year at the 2025 Pitcher Awards, further cementing the agency’s status as a leader in African creativity and innovation.

AAAN commends Steve Babaeko and the entire X3M Ideas team for their outstanding contribution to the industry and for flying the flag of Nigerian creativity high on the global stage.


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