DD
MM
YYYY

PAGES

DD
MM
YYYY

spot_img

PAGES

Home Blog Page 7671

Africa Must Innovate Technologically And Become Tech Creators For Sustainable Prosperity

4

Technology is the leader of the enterprising world. And it leads using a constitution. Unlike the traditional political structure, this constitution is Algorithms written by engineers, scientists, etc and not congressmen and politicians.

 

The global competition is largely who has the best technical group to write the best one; in this regard, Algorithms that comprise of patents, technical processes, tools, and so on. As a nation develops, adopts, applies and diffuses appropriately the contents of this constitution, it elevates the lives of its citizens.

 

Economists have shown a correlation between Knowledge Economy Index (KEI), productivity and standard of living. The challenge is improving the KEI number. Doing that involves good education, economic regime and other variables that help to improve technology capability.

 

The age of natural resources dominating global commerce and industry is gone. What matters now is creating knowledge and applying it. Some nations will create, others will merely consume. But wealth is concentrated at the creative stage and nations that focus on consuming, without creating technology will not prosper.

 

Even with abundance of natural resources, which in many instances, the consuming nations cannot independently process without the knowledge partners cannot change this trajectory of limited national wealth without technology creation.

 

Let me illustrate using Nigeria where they speak the language of petroleum. In the petroleum industry, there are the downstream and upstream sectors. While the upstream focuses on exploration of crude oil, downstream does the distribution and marketing.

 

The money is in the upstream sector, a major reason we have the foreign partners concentrated therein. That is where the knowledge creation is done and utilized in the industry. I am cautious to say, without the knowledge partners in Nigeria, helping to explore this crude oil, Nigeria cannot mine this product. Verdict: the oil will be there and of no tangible economic use.

 

This will follow a pattern where villages have water underneath them but no drilling expertise to harness the water for cooking and drinking.

 

Similarly, Africa has embraced ICT, but we are just focusing on the downstream. We are not creating it and we will not benefit much from the technology economic benefits unless we move up on the pyramid.

 

Upstream ICT will involve designing computing systems, cellphones, routers, device drivers, and all other infrastructures that enable ICT revolution. Instead of importing the latest cellphones, we will think how to design them.

 

How do we do that? We need fundamental changes in our national policies on technical education. That is the answer. I believe in knowledge and education creates it. Specifically, technical education is the engine that will move up the ICT movement from downstream to upstream operation as we expand our commitments on microelectronics, nanotechnology, biotechnology, mathematics, etc. This will be a good path to improve our national competitiveness and transform Africa into a global outsourcing hub. If our students have the skills, the multinational companies will come to tap our comparative cheaper labor.

 

In conclusion, there is an opportunity in the upstream ICT sector and it is time Africa gets there. Our government can facilitate a national ICT transition by funding major investments in microelectronics to enable our universities, research labs, polytechnics and small enterprises acquire and diffuse the technology. This will create jobs and diversify our economies out of minerals and hydrocarbons.

Higher Educational Institutions (HEIs) In Nigeria Must Innovate – Implementing Feedbacks From Students Is Important

0

By Adebola Daramola

The news caught my attention; ACCA commences online examination in partnership with Summit Consulting Group; the development was a result of feedback from employers and students who preferred flexibility in the timing of ACCA exams currently held twice a year.

 

ACCA as a global professional accounting body recognized the need to be innovative, in order to stay relevant and competitive among her contemporaries (other professional bodies) and customers- employers and students.
Some few days ago, I found a school in Nigeria established for skilling and re-skilling existing and prospective banking employees, an Innovation Enterprise Institutions (regulated by the National Board for Technical Education (NBTE)).

 

I was impressed by what I found on ground while I visited; a banking hall, with all the construct of a real retail bank. What a wonderful teaching environment to learn the basics of banking, in addition they have created linkage opportunities with the professional banking institution, firms in the industry and recruiting agencies.

 

Ever heard of Barcelona Graduate School of Economics (Barcelona GSE), it is a joint venture of four academic institutions ( Universitat Pompeu Fabra, Universitat Autonoma de Barcelona, IAE-CSIC and CREI. The combination of these institutions in forming Barcelona GSE has attracted immeasurable value on the institution and community, Catalan, Spain. Quantifiable value will include the scholarship support and research funding from private institutions, the Catalan state government and Barcelona City council.

 

From the short cases above, the management of Nigeria Higher Educational Institutions (HEIs), professional bodies inclusive need learn the following;

  • There is so much insight from their constituency as an education provider. Engage your customers: employers, students, faculty in developing products
  • Foster experiential learning as much as possible above our present pedagogy methods
  • Engender support for your products through well coordinated linkages system
  • Employ economies of scale; a basic micro economics concept. It will be useful in managing HEIs and professional bodies (not with their proliferation).With several universities in a Nigerian state offering same courses/ discipline, limited faculty and strained resources, economies of scale will help HEIs obtain greater benefits in terms of access to specialized faculty and cost advantage in average cost per unit (In finance, staff development, marketing, technology) leading to a fall as the scale of output increase.

 

The absence of institutionalized innovation process has left our HEIs rusty. I cannot overemphasize the role of our HEIs in driving the national’s competitiveness through the creation of new knowledge and the use and adaptation of knowledge developed elsewhere.

Nokia N8 Review – Nokia’s Answer For Apple’s iPhone

2

In a word or two

The Nokia N8 is the latest high-end smartphone from Nokia that has the potential to rival the iPhone.

 

The Design

The casing of the N8 is made of anodized aluminium and comes in a range of bright and subtle colours. The ends of the phone are slightly rounded and the frame has an unusual, different-to-an-iPhone shape about it. The screen is the only feature on the front, aside from a small button to launch the menu and activate the phone. And on the back is the very stylish Carl Zeiss camera lens – with a scratch-resistant surface like the screen.

 

The screen itself is 3.5 inches, AMOLED and capacitive. This ensures your Nokia N8 user experience is vibrant, interactive and responsive – there is even support for 3D graphics for bringing your favourite games to life.

 

Nokia N8 Specifications

If the N8 proves to be as amazing as it looks and seems on paper, the phone will replace the N97 as Nokia’s flagship smartphone. Running on the latest Symbian 3 platform, the phone has 256MB RAM and 16GB internal storage so you can run the apps you want to and store the images you want to. With a microSD card, the memory can be increased to up to 32GB.

 

However, this is not the most impressive feature of the N8 – that really is its visual qualities. There’s the 12-megapixel camera with Carl Zeiss optics and Xenon flash – as well as the more standard features like face and smile detection. Even though this is a high-end device, a camera this good is striking. And there is film editing software onboard this Nokia so you can chop and change your snaps with ease. The camera’s video can capture HD video for clear footage.

 

When it comes to watching your images on the Nokia N8, you can do this on the high resolution screen or use the TV-out option via the HDMI connection and hook your phone to your HD TV. Combined with the Dolby Digital Plus for surround sound, the visual and audio capabilities of the N8 are in a league of their own.

 

To support your music experience, the N8 has a 3.5mm audio connector and plays up to two days’ music playback.

 

You can also enjoy social networking on the Nokia N8 as communication is streamed to the home screen – in a similar fashion to the MotoBlur function on Motorola phones and the Friend Stream on HTC devices. This allows you to see who’s messaging, tweeting, emailing or texting you in the one place – and we’re pretty certain you’ll be able to reply directly from here too.

 

Considerations

You can personalise up to 3 home screens on the N8, which is good but when you consider all the apps available from the Ovi Store it may become a squeeze. The HTC Desire has 7 home screens, for example.

 

Verdict

The Nokia N8 looks and, from what we know, is in a new class of its own when it comes to mobile media ability. With advanced features including a fantastic camera and video, WebTV and a browser with Flash support, this handset is bound to impress.

 

You can pre-order/ buy this phone from our UK partner, Best Mobile Contracts

An African Microelectronics Institute – How We Can Make It Sustainable

5

We proposed the formation of Microelectronics Training and Research Institute (MTRI) across African regions. It was contained in a proposal which we have sent to some government bodies in Africa. In this piece, we look at how we can make that institute a profit center so that it can stand on itself after establishment. Enjoy this section culled out of the proposal.

 

Students and other citizens in this program(MTRI progrm) are likely to come from a broad range of disciplines, such as engineering, computer science, physics and mathematics. We expect that a significant number of students will come initially from Africa. We believe that Africa’s first microelectronics institute will help progress the reputation of the continent. We are optimistic that MTRI program will elevate our status of the continent and its commitment to science.

 

As the ICT sector improves and expands, we are seeing markets for creating the infrastructure from bottom-up. This will involve supporting emerging technology applications in digital signal processing (DSP), printed circuit board (PCB) technology, microcontroller programming, developing hardware drivers, etc.

 

Even the government research institutes across Africa will likely send their employees while many small and medium enterprises (SME) will patronize our programs to learn cutting edge skills to become competitive. Thus, the program is strategically oriented to serve the needs of current and future industrial and government sectors of Africa.

 

MTRI program will be consistent with any African university’s goals for equitable representation of various student groups- men and women. We will vigorously work to ensure women are attracted and supported.  This program has also developed a technique to use the flavors of high-tech to recruit more students into the university.

 

Our model has avenues to enable students from high and secondary schools do internships or summer programs in our Institute. This technique, undoubtedly, will enable them have easy access to our professors, students, researchers and possibly stimulate the student’s interests in S&T.

 

AFRIT’s model will help raise female students’ matriculation and graduation by 40% within the next five years. Furthermore, offering first-rate courses in microelectronics will provide us high pool of postgraduate students who will attend our programs. We estimate 100% increase in enrollment in engineering postgraduate programs, just for access to MTRI.

 

Because we anticipate a strong industrial and business support for the program, we are sure to attract and prepare a continuous pool of applicants from and for the industries and businesses. Aggressive recruitment strategies will be implemented to attract other potential students. Such strategies, especially for our graduate component, will include:

 

  • Maintaining a frequently updated web page that informs the public on the organization, opportunities, accomplishments, and excitement of the program.
  • Faculty presentations about the program at technical meetings (and trade associations) that are devoted to S&T education.
  • Faculty visits to other institutions with potential sources of students.
  • Mass mailings and e-mailings of flyers and other publicity materials about the program.
  • Contact with alumni and other potential benefactors via mail and open houses.
  • Governments will be challenged to offer fellowships through National Science Foundation to enable top deserving African students pursue postgraduate careers in science and technology. AFRIT is developing a program for NEPAD through which all African nations will be required to award a minimum of four years postgraduate fellowships to 1000 students with bigger countries like Nigeria and South Africa 2000 students.

 

Grant Graduation Path

 

MTRI is designed to survive post-grant graduation, i.e., operate when the grants have been exhausted. The following operations or techniques have been identified in that regards:

  • MTRI will organize workshops, seminars and conferences as revenue sources
  • MTRI  will introduce products in the market within the first 4 years
  • Seek more sources of funding, such as grants, endowments, etc
  • Generate income from patents and spin-offs
  • Through university BITTU, develop consulting relationships with firms and bring products to market.

Tekedia Report Card on Tony Elumelu Foundation, A Leading African Institution

1

Tony Elumelu Foundation (TEF) is evolving as a leading non-profit institution out of Africa. Founded by the former legendary and iconic leader of United Bank for Africa, Tony Elumelu, this institution is redefining NGO and opening new vistas of opportunities in Africa.

The Tony Elumelu Foundation is an independent, not-for-profit institution dedicated to the promotion and celebration of excellence in business leadership and entrepreneurship across Africa. They ientify and groom African business leaders and entrepreneurs to achieve the  objective of meaningfully affecting Africa’s prosperity.

Established in 2010, the foundation works to spur economic prosperity in Africa by working to foster and impact Africa’s business leaders and entrepreneurs. In its African perspective, it strives to help nurture the next generation of African leaders that will play at the highest level, globally. It started by gathering a team of accomplished people like its CEO, Dr. Wiebe Boer, formerly of Mckinsey, in its leadership. The Advisory Board is also solid and parades a heavyweight like Teresa Clarke, a former MD of Goldman Sachs. Generally, this Foundation is skewed towards business and finance and most of the key guys are from those backgrounds.

As I have written many times, NGOs in Africa must morph into a quasi social and business institution to be sustainable. This does not apply to the TEF because they have a lot of greenback. I am particularly happy they have not started by giving people awards. You know it is common these days to call a gala night to recognize people that have achieved things in life. Nothing bad about that. Personally, I cherish those that focus on helping more people to achieve by investing in the future. That is what the TEF domain seems to be.

It wants to help to raise the stars. To do that, it launched the The Tony Elumelu Foundation  African Markets Internship Programme. The program is  designed to improve the competitiveness of innovative SMEs in Africa, while  providing African perspectives to the participants, interns. With our continent a key part of the global economy, anyone that knows Africa is well positioned to lead, internationally.

Africa is an amalgam of culture. Few weeks ago as a member of a global expert network that retains “bright” (??, not sure about that) people and connects them to CEO clients for outside insight on business, I had an encounter. I focus on technology and Sub Saharan Africa and sometimes made money talking to people. That day, I had the duty to explain to one Fortune 500 CEO that plans to enter Nigeria on the business geography of the nation. I told him that his penetration model must understand that Nigeria is not one culture (the business has a cultural dimension). We zap the structure and I told him that he has no Northern Nigeria strategy.  What did I sell? Knowledge of Nigeria and its business ecosystem. So, imagine if these interns come over and have that understanding, they can do better in the global arena.

 “Our 10-week internship program is a win-win opportunity for both interns and African firms. It will build the institutional capacity of African-owned and operated companies, and leverages global talent to increase the firms’ competitiveness, while providing on-the-job training for interns.”, Tony O. Elumelu

AMIP interns were drawn from  such business schools as Yale, UPenn, London Business School, Spain’s IESE business school, Lagos Business School, Ghana’s GIMPA, and the Strathmore Business School in Kenya. The companies that made the list to host the interns included, from Nigeria, Alitheia Capital, Doreo Partners, and Verod Capital. Kachifo Books,  NN24, and  AACE Foods completed the Nigerian list. From Kenya, we have  Craft Silicon, Pamoja Media,  KenCall, POS vendor Paystream, and online content aggregator A24. And in Ghana, we have  Oasis Capital and  Injaro Investments.

Technically, Mr. Elumelu is a billionaire!  Oh yes, there is a high level of opaquity in Africa to know what these bank moguls worth, but I am confident that if he owns a sizable portion of UBA and other clusters of businesses, he seats on a more formidable foundation in that league than the folks that depend on oil fluctuations to make the Forbes’ list. Right, it feels good that an African has money to spend to actually improve Africa. So, be rest assured that TEF got it and we will see more of these interns into Africa, yearly.

What will this NGO achieve in this decade? It is safe to write that TEF will emerge to become a highly respected institution with footprints in all the major areas in African governance and business leadership .By teaming up with The Tony Blair Africa Governance Initiative (AGI), TEF seeks  to develop governments’ capacity to stimulate private-sector growth.

 The Tony Blair Africa Governance Initiative (AGI) and The Tony Elumelu Foundation (TEF) are pleased to announce the signing ceremony of the Blair Elumelu Fellowship Programme, supporting transformational governments to advance the economic development of Africa. The goal of this three-year programme is to strengthen the private sector’s role in the economic transformation of select African countries – starting with Liberia and Sierra Leone — by developing the capacity of their governments to enhance competitiveness and attract and nurture private investment and move beyond aid.

 

Over the last few years, I have worked with the United Nations as an expert to help them ramp up necessary developmental projects in Liberia, Sierra Leone, Ivory Coast, Guinea and Guinea Bissau. I have had the opportunity of advising some of their leaders and attending numerous summits even in dangerous places to give lectures.But let me say this: I enjoy UN helicopters; there is nothing hell in those helicopters. Last time, I was with the Canadian Ambassador to the UN and we all became simpletons as the noise thundered. The guys that built Freetown airport in that Island got a lot of fun for visitors!

On yes, we develop roadmaps in these countries. So knowing that TEF is moving into Liberia and Sierra Leone, one will hope they will have the support to execute some of them. The challenge is to ensure that these nations get access not just to ideas but resources. In Sierra Leone, they have more than 70% youth unemployment and there seems to be no way of reducing that because a generation did not attend school due to wars.

In summary, I noticed that TEF is supporting Nigeria Leadership Initiative, which was founded by Mr. O. Aganga who ran the Nigerian Ministry of Finance not long ago. (Look at the bottom of that website page, you will notice the TEF logo).  Indeed, TEF is moving and making progress at a fast rate. I will give it A so far for its execution in getting its projects out as quickly as possible (notice that A is not the highest score!). They are rolling and we commend them. Of course, we must give a big commendation to the CEO who has executed flawlessly at a very short time. Nigeria needs more TEFs and let the “big” men dip into their Swiss bank accounts and re-invest their doles into the people and society.