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My New Book “Cybersecurity Africa: Policy, Management and Technology” Due Next Month

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First, I want to thank all those that have subscribed to my new ebook – Africa’s Sankofa Innovation- which was launched six days ago. We have a community now. THANK YOU ALL.

Today, I have decided to also launch another book – Cybersecurity Africa: Policy, Management and Technology – in this same Tekedia portal, next month. I am an entrepreneur and I am never afraid to try new things. Deciding to publish my own book, by myself, and in my own portal is a testament of my confidence in our Tekedia community. I treasure the moments you spend here. Thanks Sir/Madam. We love you, and please keep coming back.

Cybersecurity Africa will be a living document which can be updated many times in a year to keep it up to date and relevant. It will be the top destination for anything Cybersecurity in Africa. I had planned to publish it through a traditional publisher, but right now, Tekedia will host it. It is a fast sector, and we do not need a version number; the only accepted version should be current. Internet makes that possible.

If you have subscribed to Africa’s Sankofa Innovation, you will access Cybersecurity Africa at no extra cost. The same applies to subsequent works we are working on which will include Opportunity Manuals in specific industries to help people unlock value in Africa. Once you are a Tekedia subscriber (subscribe here), all old and new materials will be available at no extra cost.  

The book is going through technical editing as it has some really technical elements, which I want to be 100% sure we got them right. Also, a professor of Law is checking the policy side, and a friend in a Lagos bank who manages a bank’s cybersecurity business is looking at the management section . They will be ready next month and we will launch here.

I have a deep experience in the cybersecurity area. Having earned seven degrees, I understand many things in this world. I  remain very humble. I am the founder of Milonics Analytics, an IBM Partnerworld on cybersecurity and big data analytics. I am the founder of U.S. based First Atlantic Cybersecurity Institute which Igbinedion University awards its nanodegree. As Global Lead ASIC Engineer with Analog Devices Corp, I worked on the accelerometer used in an iPhone generation and was part of the team to ensure it was hardened from attack. From National Identify Management Commission, Nigeria (they made it public so I can share name) to many government and private institutions, my firm remains a consultant helping on cybersecurity, from policy to management to technology. I will be a trusted guide to you.

Here are some “cover designs” below. One extra cover, my preferred, will be added tomorrow. Can you help us select the best design or suggest an improvement for the book cover?

 

 

 

 

 

 

 

 

 

 

Nigeria’s Foreign Exchange Earnings Will Be 70% Agriculture by 2050

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China is planning to fix a deadline to end the production and sales of fossil-fuel-powered vehicles. That is a big deal because over the last few years, China has been seen as a nexus of heavy global pollution. But now, it is working hard to clean the air and drive a post-petroleum era.

China will set a deadline for automakers to end sales of fossil-fuel-powered vehicles, becoming the biggest market to do so in a move that will accelerate the push into the electric car market led by companies including BYD Co. and BAIC Motor Corp.

Xin Guobin, the vice minister of industry and information technology, said the government is working with other regulators on a timetable to end production and sales. The move will have a profound impact on the environment and growth of China’s auto industry, Xin said at an auto forum in Tianjin on Saturday.

Let us assume that China follows UK and France and puts the deadline in 2040, it means by 2050, more than 50% of global cars could be totally non fossil-fuel powered. (Both UK and France had already set a deadline of 2040 to phase out fossil-fuel-powered cars. I also expect other countries to follow through to make that 50%) Even without America acting, the trajectory is obvious that electric vehicles will be the driving element of automobile making of the future.

Volkswagen AG Chief Executive Officer Matthias Mueller announced sweeping plans to build electric versions of all 300 models in the group’s lineup as the world’s largest automaker accelerates the shift away from combustion engines and tries to draw a line under the emissions-cheating scandal.

The African Development Bank had noted that African agriculture will grow to $1 trillion by 2030. Nigeria will be a big part of that number. The present government is putting emphasis on agriculture and if subsequent ones continue to sustain the plans, we could have a $450 billion business there by 2030. Nigeria and South Africa are the two major agro-producers at the moment in Africa, but Nigeria has more room to grow than South Africa.

Our petroleum sector will still be relevant with the petrochemicals and other allied sectors required, but projects like refinery may see demand shocks. Simply, Nigeria will see massive economic dislocation over time, as oil makes way for agriculture, and the latter becomes the main source of our foreign exchange earnings. I project we can see up to 70% of that by 2050. Even if we still export crude oil, the competition from electric technologies will reduce the price per barrel. So, it will not attract as much value it has historically attracted in the international market.

While the agriculture sector sustains over 80 percent of rural households, the Nigerian economy remains heavily dependent on its oil and gas sector which accounts for 12 percent of GDP but, as noted above, over 90 percent of export earnings and over 70 percent of government revenues

Agriculture will also stabilize our foreign reserves with minimal cyclical boom and bust associated with petroleum. Nigeria has the land and the population. What we need is to modernize the agricultural process so that productivity can improve.

Today, oil dominates our foreign reserves and government plans to get the non-oil sector to be more than 50% by 2020. A key part of that will be agriculture. The roles of oil and agriculture will reverse on their contributions to Nigeria’s foreign exchange earnings,  in 30-40 years. Today, crude oil accounts for over 90% of Nigeria’s foreign exchange earnings, about 35% of gross domestic products (GDP), and  75% of government revenue. That is not good.

The Federal Government on Tuesday, unveiled plans to derive over 50 per cent of its foreign exchange earnings from agro-industrial exports by 2020. The plans are contained in a draft trade policy which was considered and reviewed during a meeting of the Enlarged National Focal Point (ENPF) on trade matters in Abuja

It will be a huge redesign in the economy as we will see agriculture, move from less than 10% of the foreign exchange earnings to more than 70% within 35 years. I do expect manufacturing, especially lower level manufacturing, to contribute even more than raw-crude export.

Electric vehicles are indeed totally awesome when you note that Tesla can automatically upgrade the batteries of vehicles fleeing the hurricane in Florida. A software update gave Irma refugees a few dozen more miles per charge, according to Quartz. Electric automobile has a great promise, and that will be a challenge to fossil-fuel addicts who believe that the future will not come.

Making Artificial Intelligence Work For You

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Did you know that 38% of companies around the world are already using artificial intelligence (A.I.) to improve the performance of their business? In fact, if you’re using Facebook “Insights” to monitor your social media page, or Google Analytics to make decisions about your website, then you are already using A.I., too. Many of the world’s leading companies, including Mastercard, Deloitte and IBM are using A.I. more and more as “smart” software not only reduces the time spent of boring, repetitive tasks, but it can help you to understand your business and your clients better.

So, what is A.I.? It’s not actually software which thinks for itself. Rather, it is a program designed to do automate a recurring, sometimes very complex, job, so that you can free up your employees to focus on other tasks.

For example, many businesses today serve thousands, if not millions, of customers. Storing all this data requires money, but what do we do with it then? It can be overwhelming to try and organize all this data, let alone try to understand it. A.I. software can use a predefined set of parameters to search, organise and present data in easy-to-read graphs in minutes, helping you spot key trends with your customers, which you can use to make beneficial business decisions.

Similarly, smart software can also be used to monitor and maintain machinery and physical hardware. Many servers have temperature sensors to monitor the processor’s temperature, and manufacturing machinery requires regular maintenance. If the hardware fails, production stops, and the business loses money. A.I. software, such as DataRPM’s Cognitive Predictive Maintenance Platform, can monitor hardware to ensure it is working at maximum capacity. It can even schedule and remind workers when maintenance is due, identify potentially faulty parts, and make real-time decisions in the event of emergencies.

One of the biggest selling points of A.I., we think, is that it allows you to move your employees off long, tedious tasks, to focus on building the business. Companies like ING Bank and Vodafone now use chatbots to help their clients 24/7. Instead of speaking to a person, the A.I. analyses the customer’s questions, picks out the key words, and searches a database of responses to provide the most helpful answer. Sage have even done this with the world’s first accounting chatbot, Pegg, combining the benefits of chatbots with data mining to help users predict and control their finances. Meanwhile, other A.I. software can even help you to hire new, highly skilled employees by writing and posting job listings for you based on your requirements, or searching social media sites for people with the skills your business needs.

So, whether it is using Facebook’s “Insights” to understand how your customers are engaging with your products and services, from their age and location to the posts they “like” the most, to mining data to find and predict industry trends, A.I. means making software work for you and your business!

Five Techniques To Legally Pay Zero Tax In Your African Business

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Bottomline: In this piece, I explain how you can operate in Africa and pay zero or extremely low tax, legally. There is nothing wrong in paying zero tax provided it is done legally. And you should not be ashamed that you are paying what you only owe the state. Your fiduciary responsibility to your stakeholders […]

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That Smartphone With 1080p Display Is A Waste of Money

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Watch this movie first: it compares what you see with a smartphone display of 720p and another with 1080p.

I am not sure the difference is that significant. So, if you have bought a phone with 1080p, it is possible you have wasted money because the value derivable is not there. But we do it because it makes us look advanced and trendy. In the process, we waste money. This is the fact: a human eye has a maximum possible resolution it can handle. Most times, what we buy are beyond that natural capacity.

Now, read this piece from Fortune Newsletter.

In TV land, where we sit a few feet away from a screen that may be four or five feet across, the difference is often discernible. But on your tiny phone screen? Pretty tough to choose, don’t you think?

And that’s why the kerfuffle about Verizon’s decision this week to downgrade HD videos for its mobile phone customers from 1080p to 720p is probably getting way too much attention. (Tablet users still get 1080p.) AT&T, Sprint, and T-Mobile have been downgrading video even more significantly for many of their unlimited data plan customers—from HD all the way down to DVD-quality 480p, a resolution with only about 350,000 pixels. And all three have reported that customers can’t tell the difference or don’t much care.

So, next time you go shopping, please do not waste money on that 1080p phone display. It does not add much value in the user experience.