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DigitalPR-Wire Named Official Media Partner for NIS 2017

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DigitalPR-Wire’s innovative approach to media and PR strategy has gained more attraction as the platform has been selected as the official media partner for Nigeria Innovation Summit (www.innovationsumit.ng).

NIS is an an annual event that brings together stakeholders from different sectors of Nigeria’s economy to share ideas, trends, and opportunities around technology, innovation and entrepreneurship development in Nigeria, and scheduled to hold from September 7-8, 2017 at Sheraton Hotel, Ikeja, Lagos, Nigeria.

DigitalPR-Wire (www.digitalprwire.com) was selected, according to Emerging Media, Conveners of the Summit, to help promote the Innovation Summit meant to educate Nigerians to apply innovation across all sectors to drive economic growth and sustainable development through emerging technologies, research & development, entrepreneurship, commercialization and investments as key drivers of an innovation ecosystem.

DigitalPRWire is an on-demand for Online PR, Social Communication, Influence Marketing and Online Broadcast platform, specifically designed for online press release distribution, news and mention monitoring, analytics and a full range of social media communication solutions.

“We are glad that two organizations that are leading the drive for Technology innovation in Nigeria and Africa are collaborating for the 2017 Nigeria Innovation Summit. We have seen your organisation’s robust work and platform for digital innovation in Africa and are convinced of a great outcome working together. This Summit is about value creation and we see DigitalPR-Wire as positioned to deliver on this mandate, Mr. Kenneth Omeruo, MD/CEO, Emerging Media, while speaking on the need for such Summit at this time, “Nigeria has the potentials to be a global economic power if we embrace and invest heavily in technology and innovation.

“Every sector in Nigeria’s economy needs disruptive ideas driven by technology. Right now we are nowhere in the global innovation index and the world is moving at a very high speed. It is instructive to note that Tunisia ranked 45th and Morocco 50th as the only African countries mentioned in the 2017 Bloomberg Innovation Index, which scores economies using factors including research and development intensity and the concentration of high-tech companies. South Korea, Sweden, Germany, Switzerland, Finland are the top five countries in that index. I think there is so much to learn from these countries. We should be implementing policies and investments that will encourage technology, innovation and entrepreneurship in Nigeria. The Nigeria Innovation Summit 2017 is offering a platform to engage stakeholders across all sectors on the need for such.”

He further emphasized the urgent need for Nigeria to invest in innovation, research and technology development, in order to become an innovation-driven nation and hence, improve in the Global Innovation Index ranking, attract foreign investments and boost the economy and life of the people.

“Therefore, we are proud to announce CIHAN Group, operators of Digitalprwire as our official Media and PR Agency for this year’s Summit.  We have seen their robust and disruptive work and platform for digital innovation in Africa and are convinced of a great outcome working together”, Mr. Omeruo said.

The 2017 Summit under the theme ‘Transforming Nigeria’s Economy through Technology, Innovation and Entrepreneurship’, Mr. Omeruo said, provides opportunities for the 36 States, Ministries, Departments and Agencies of Government as well as Corporate bodies to showcase their agenda for digital transformation and  innovation agenda.  

He described the Summit as a platform that creates awareness on the need for Open Innovation in Nigeria where the government, industries across all sectors, academia, entrepreneurs collaborate to solve the problems of economic growth in Nigeria.

On his part, Mr. Celestine Achi, founder of Cihan Group, the developers of DigitalPR-Wire, expressed delight with the choice made by Emerging Media Group towards DigitalPR-Wire propagating the Summit.

“We understand the goals this Summit sets to achieve which are in line with our target in this market. As a country, we cannot stop innovation. It is natural for people to venture into new dimensions or/and approaches to doing things. So, we are happy to work with Emerging Media to achieving this aim,” he said.

Also speaking, Mr. Tony Ajah, the Director of Nigeria Innovation Summit said that the 2-day Summit will feature Keynote Speeches, Panel Discussions, Exhibitions, Workshops, and the Nigeria Innovation Awards. The expected delegates for the Summit are Government Representatives, International Organisations, Investors, Business leaders, CEOs of Companies and Organisations, Innovators, Academics, Start-ups and Entrepreneurs.

The Summit Sessions will cover sub-topics as: How to transform the challenging economy in Nigeria through Technology, Innovation and Entrepreneurship; How Nigeria can build a sustainable Innovation Ecosystem and become more Innovative; Exploring the Concept of Open Innovation; Innovation in Telecommunications, Infrastructure Development and the Mobile Ecosystem; Innovation in the Manufacturing Industry and Innovation through Emerging Technologies; Big Data, Data Centres, Cloud Computing, IoT, Wearable Technologies, Cyber-security, Robotics, Virtual Reality and Smart Cities.

Other areas are Innovation in Power and Renewable Energy; Innovation in Oil and Gas; Agriculture; Banking, Finance, Funding and Investment; e-Commerce Industry; Small Businesses, Start-ups, Entrepreneurship Community; the Academic Community; Public Health and the Health Industry and Innovation in Media, Public Relations, Social Good and the Entertainment Industry.

Over 400 delegates are expected to attend this year’s Summit. And the Summit offers organizations a platform to connect with these top decision makers, cutting across all sectors of Nigeria’s economy.

“We have confirmed international participation from the following organizations: International Society for Professional Innovation Management (ISPIM) UK, Research Institute for Innovation and Sustainability (RIIS), South Africa, African Innovation Foundation and great support from Ideation International Inc., USA, and the Israel Start-up Network.

Delegates for this year’s Summit will learn from leading innovation ecosystems around the world and from innovation experts who will facilitate the sessions. “The States have an opportunity to showcase and promote her innovation at the Summit. So, we urge them to visit www.innovationsumit.ng for more details.


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AXA Mansard Empowers Female SMEs with Financial, Digital Skills

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AXA Mansard, a member of AXA has empowered 200 female Small and Medium Enterprises with financial literacy and digital business skills.

In collaboration with SME 100 Africa, the two-day training, which was held in Lagos, is part of AXA’s lined-up programmes to commemorate this year’s International Women’s Day.

Speaking, Olusesan Ogunyooye, Head of Marketing AXA Mansard, said the training was aimed to empower female SME owners with skills to improve business output and position them for the increasing economic opportunities available in an increasingly digital marketplace.

Ogunyooye noted that the move was in line with AXA Mansard’s sustainability agenda, explaining that the company was convinced that support for women through its inclusive protection programmes was pivotal to its purpose of acting for human progress by protecting what matters and its mission of moving from being a payer to a partner.

He further said that focusing on digital skills was important because the company realised the importance of digital skills to the growth of the SME sector in Nigeria and wants to ensure that women were empowered enough to be a consequential part of that growth.

“It’s almost trite to say that SMEs are the engine for economic growth, especially in developing countries like Nigeria, where over 45 million adults are business owners. What needs to be continually discussed is how Nigeria is going to unlock that potential for economic development and how much of that potential will be unlocked by women and for women.”

“For us at AXA Mansard, we are aware that digital will play a major role in unlocking these current opportunities and Nigeria’s economic future. So, to ensure that women are equally represented in unlocking these future potentials, that’s why we have collaborated with SME 100 Africa to support them in developing the required skills”.

“Our choice of digital and financial literacy skills is deliberate. We understand the power of the duo. We understand that helping these SMEs with the skills to attract more customers will be a faster means to empower them.

“We see that they have amazing products and services, but they need to understand how to attract value for themselves by attracting the right customers, and you will agree with me that virtually all customer segments are online in one way or another today.

“So, if we can empower them with digital business skills, we would have helped them with the heavy lifting of trying to find and attract customers”. Ogunyooye explained.

According to him, AXA Mansard believes that for the world to experience progress truly, there must be an equitable distribution of creation and access to opportunities for men and women. This quest for balance informed the SHE for Shield initiative, a women-centred inclusive protection programme of AXA Mansard.

SHE for Shield is a group of initiatives designed for the Nigerian woman. The goal is to see them grow, add value, and help them mitigate risks at every step.

According to the company, research has found that access to health care is one of the most important things to Nigerian women, regardless of their economic segment. They desire to be financially independent, secure, and respected in the community.

 


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IFC Invests in New 4DX Ventures Fund to Support Tech Startups in Africa

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IFC is investing $10.5 million in a new fund by 4DX Ventures, a New York-based venture capital firm focused on supporting early-stage African technology companies across a broad set of sectors, including fintech, e-commerce, edtech, climate tech, and health tech.

IFC’s investment in 4DX Ventures Fund III will come from IFC’s $225 million venture capital platform, which was launched last year to strengthen emerging VC ecosystems and invest in early-stage companies in Africa, the Middle East, Central Asia, and Pakistan.

Africa is among the regions least served by venture capital, receiving just 2% of global venture deal volume in the third quarter of 2023. Access to capital on the continent has been further exacerbated by a slowdown in global venture capital investment.

Tech ecosystems are nascent, or even nonexistent, outside of more established markets such as Egypt, Kenya, Nigeria, Senegal, and South Africa.

“IFC and 4DX Ventures share the commitment to supporting tech entrepreneurs with innovations that will help Africa leapfrog in critical areas such as climate, health care, fintech, e-commerce, and education,” said Walter Baddoo, Co-Founder and General Partner of 4DX Ventures.

“We look forward to partnering with IFC to help promising tech startups build transformative businesses and realize sustainable development impact on the continent.”

4DX’s new fund will invest in companies with tech solutions that can improve productivity, efficiency and competitiveness across Africa. The firm’s first two funds invested in companies such as Egypt-based e-commerce platform MaxAB, an IFC portfolio company; Ghana-based health tech firm mPharma; and Kenya-based B2B e-commerce platform Wasoko, formerly known as Sokowatch.

“By supporting the development of tech ecosystems in emerging markets, IFC’s venture capital platform aims to improve access to key services, boost business competitiveness, and promote job creation through digital transformation,” said Mohamed Gouled, Vice President of Industries at IFC.

“Our investment in venture funds such as 4DX Ventures will help African entrepreneurs access more financing and resources they need to scale tech innovations and bolster sustainable growth across the continent.

In addition to providing capital, IFC will work with 4DX Ventures to implement their environmental and social management system.


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Climate Action Africa Announces CAAF24

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Climate Action Africa (CAA) has announced the inaugural convening of the Climate Action Africa Forum (CAAF24). This international event brings together stakeholders from across the world who drive thought leadership insights on how to encourage collaboration, catalyse actionable solutions, and urge governments, businesses, and individuals to invest in climate-smart initiatives.

The climate-focused event was announced at last week’s Friday international press conference held at the prestigious Transcorp Hilton Abuja. This marks a significant milestone in Africa’s journey towards a sustainable future. A precursor to the upcoming Climate Action Africa Forum scheduled for June 17-19, 2024, at the Landmark Events Centre in Lagos, Nigeria, this press conference brought together leaders, experts, and stakeholders from across the globe. The gathering’s main goal was to discuss the urgent need for sustainable development plans and climate-smart investments in Africa.

Framed by the theme “Green Economies, Brighter Futures: Innovating and Investing in Africa’s Climate-Smart Development,” the international press conference became a vibrant platform for insightful discussions, strategic collaborations, and impactful engagements. It convened an esteemed gathering of leaders, experts, and stakeholders to explore solutions for Africa’s pressing environmental challenges.

The event kicked off with a welcome address by the Executive Director and Co-founder of Climate Action Africa, Grace Mbah, who having announced the commencement of event registration as April 2nd, 2024, made the call for tech-driven solutions and innovations in the fields of emissions reduction, transportation, agriculture, energy, circularity and building and construction to apply to participate in the deal room.

Providing insights to attendees on how innovative approaches and collaborative action is at the heart of CAAF24, she extended an opportunity to like minded organisations who would like to partner by hosting side events and finally, a call for volunteers from across the continent.

“It’s no news that the world stands at a critical juncture, where decisive action is imperative to mitigate the adverse impacts of climate change. Against this backdrop, CAAF24 serves as a pivotal platform for key stakeholders to engage in meaningful discourse, and forge collaborative pathways towards a greener, more sustainable future.

The essence of CAAF lies in its commitment to shaping a climate-resilient Africa through co-creation, innovation, and sustainable investment. Through this initiative, we aim to catalyse solutions that enhance the sustainability and prosperity of the continent’s natural resources, people, and economies,” Grace stated.

During the International Press Conference, distinguished speakers and thought leaders emphasised the urgent need for collective action in tackling Africa’s climate challenges.

They delved into critical topics like renewable energy, sustainable agriculture, biodiversity conservation, and climate finance, offering practical insights and inspiring initiatives.

Jummai Vandu, representing the National Council on Climate Change, expressed optimism about the initiative’s outcomes. “Today’s discussions,” she said, “underscore the urgency of our collective efforts to combat climate change. The National Council believes working together is key to driving meaningful action and creating a more sustainable future for Africa and beyond.”

With the International Press Conference complete, the stage is set for CAAF24. Stakeholders will converge to translate ideas into action, forge partnerships, and drive progress towards a climate-smart Africa.

Mrs. Taiwo Fashipe, Head of Media for the Presidential CNG Initiative (P-CNGi), echoed similar sentiments, stating: “The theme of this year’s Climate Action Africa Forum aligns with our goals, vision, and mission at the Presidential CNG Initiative.

“We look forward to using this platform to advance interest in and investment in greener and cleaner energy sources like CNG.”

Standing at a crucial juncture in Africa’s quest for sustainable development, CAAF24, convened by Climate Action Africa in partnership with the National Council on Climate Change, Channels Media Group, and Founder Institute, emerges as a beacon.

It brings together the private and public sectors, guiding the continent towards a future marked by resilience, prosperity, and environmental stewardship.

 


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