The lecture which will herald Africa’s Beacon of ICT Merit and Leadership Awards (ABoICT Lecture 2024) hold on May 25, 2024 at Four Points by Sheraton.

The sixteenth edition of the award ceremony according Ken Nwogbo, editor-in-chief of Nigeria CommunicationsWeek the organizers of the event, “is a special edition to recognise and celebrate organizations and individuals in the ICT industry that have been distinguished in delivery innovative services in the sector.

“Most of these organizations and individuals have consistently being voted by our readers as leaders in their areas of operations and we have decided to reward them in this especial edition”.

He added that, AI is considered to have the potential to instigate a fourth industrial revolution,1 and is dramatically changing people’s patterns of interaction and economic activities.

“The traditional factors of production and physical capital and labour may no longer promote substantial economic growth. It is generally believed that AI will be one of the most important factors determining future economic growth.

“However, unlike traditional machines, which replaced the use of human and animal labor for simple manual work and heavy or dangerous activities, AI-related inputs may change the type of human work in a comprehensive way.

“In contrast to previous industrial revolutions, AI does not simply involve the invention of a new machine or technology. Instead, AI has similarities to the accumulation of human capital, as it can learn and accumulate knowledge by itself,” he said.

The Africa’s Beacon of ICT Merit and Leadership Distinguished (ABoICT Lecture 2024) is designed to explore efforts to put Nigeria on the global Information and Communications Technologies map.

The lecture series however is reserved for distinguished achievers in the ICT sector.

Past lecturers included Dr. Ernest Ndukwe, then executive vice chairman, Nigeria Communications Commission (NCC); Engr. Yomi Bolarinwa, former Director-General of National Broadcasting Commission (NBC); Dr. Jean Luc Fort, CEO at OR System France and a specialist in Counterparty Risk; and Professor Chris Nwagboso, Chairman, Knowledge Factory International, United Kingdom.

Others are: Uche Orji, managing director/chief executive officer, Nigeria Sovereign Investment Authority (NSIA); Biodu Omoniyi, Managing Director/CEO, VDT Communications; Ayotunde Coker, Managing Director, Rack Centre Limited; Peter Adedayo Arogundade, managing director and chief executive officer, Sidmach Technologies Nigeria Limited; Dr. Adewale Obadare, chief visionary officer, Digital Encode and John Obaro, CEO and founder of Systemspecs; Prof. Isa Pantanmi, minister of Communications and Digital Economy; among others.

Themed: “Technology-as-a-Service (TaaS) in Emerging Economy”, AfriTECH 3.0 is also supported by Comercio Limited, Open Access Data Centres (OADC), Datasixth Security Consulting, PalmPay, Reliance Infosystem, Digital Realty, ActivEdge Technologies, Africa Data Centres (ADC), WTES, ESET and host of others.

Hosted by TechCastle Foundation in collaboration with Techeconomy and partners, AfriTECH 3.0 is a unique engagement platform for global thought leaders, regulators, and other stakeholders to discuss and collaborate on contemporary strategies for accelerating technology ecosystem in the African continent and globally.

Speaking ahead of the Forum next week, Mr. Chike Onwuegbuchi, co-convener of AfriTECH, reiterated that today, the boundary between hardware and software is blurring. Software is infiltrating more and more technology products that used to function only by mechanical rules and analog signals.

“Different models of driverless cars are navigating themselves with sensors and software. This trend is not stopping. Hardware-based technology companies often find themselves falling behind their innovative software counterparts in identifying new value for customers.

“In more dramatic cases categories of hardware technology got replaced by software. No one still buys radio or CD players anymore.

Thus, software is threatening to replace hardware-based networking. The “commoditization trap” for hardware seems impossible to escape without a product strategy backed by software innovation hence over 70% of the world economy has become services, and this percentage continues to grow worldwide.

As of 2020 the United States produced 79% of its GDP in services. Majority of the companies in Africa are strategizing to compete primarily on a service basis.

This approach referred to as Technology-as-a-Service (TaaS), which is the rising future for technology sectors, will be discussed at AfriTECH 3.0.

Programmes expected at AfriTECH 3.0 include keynotes by Dr. Aminu Maida, the Executive Vice Chairman/CEO, Nigerian Communications Commission (NCC) & Dr. Ayotunde Coker, CEO, Open Access Data Centre (OADC), goodwill messages by industry stakeholders, fireside chat, commercial presentations/product launch and media sessions.

The prestigious Africa Tech Alliance Excellence (ATAEx) Awards will be conferred on individuals and organisations that have distinguished themselves in Africa by leveraging technology to enrich the lives of the people.

“Other key topics to be explored include TaaS-driven last mile solutions, leveraging big data and artificial intelligence, inclusive product innovation, Driving ‘TaaS’ Model through infrastructure deployment, leveraging subscription model to survive tough economic times, cloud computing, omnichannel communications for improved CX, Consumer protection, fraud and data privacy, etc”, Peter Oluka, the co-convener of AfriTECH, said.

“The past editions of AfriTECH were well attended by C-Suite executives, investors, innovators, senior government officials from within and outside the Continent. With over 1,500 participants and feedback on the events overwhelmingly positive, the 2023 edition is much anticipated.

As Media partners;

The Guardian Newspaper (Nigeria), Nigeria CommunicationsWeek, RaveNewsOnline.com, ITPulse.com.ng, ITNews Nigeria, Swift Reporters, TechBuild.Africa, TechTrends.Africa, BusinessMetricsng.com, BusinessRemarks, DigitalTimesng.com, ITRealms.com.ng, GrassRoots.ng, TechTv, TechLifeWithUgo, DigiVation Network, TechnologyMirror, TechandBiz News, APNews, CyberEra, have demonstrated their support towards AfriTECH 3.0 actualization.

AfriTECH 3.0 is also backed by leading industry associations such as the Nigeria Computer Society (NCS); Association of Licensed Telecoms Operators of Nigeria (ATLTON); Association of Telecommunications Companies of Nigeria (ATCON); Information Technology Association of Nigeria (ITAN); InnovationBed Africa; Institute of Software Practitioners of Nigeria (ISPON), amongst others.

“Overall, AfriTECH 3.0 promises to be an insightful and engaging platform for networking with a vibrant and globally diverse community and an eclectic mix of offerings to enrich participants’ in-person and/or virtual experience”, Oluka added.