TechPression

Category: Science

  • LemFi emerges as Nigerian tech product of the year 2023

    LemFi emerges as Nigerian tech product of the year 2023

    In a heated competition within the African fintech landscape, LemFi emerges victorious as the Nigerian Tech Product of the Year for 2023.

     Formerly known as Lemonade Finance, LemFi has become a game-changer in cross-border payments, simplifying remittances for immigrants across 12 African countries.

    Hosted by Fatu Ogwuche of Big Tech This Week, The Crossover Show bestowed the coveted title upon LemFi, drawing attention to its remarkable contributions to the fintech ecosystem. Industry veterans lauded the company led by Ridwan Olalere and Rian Cochran for its effectiveness and seamless functionality.

    Read also: NeuRaL AI launches BionicBox for enterprises

    Endorsement by Techcircle’s OO Nwoye

    During the show, Techcircle’s OO Nwoye emphasized LemFi’s efficiency, stating, “Not that remittance is easy, but I visited four African countries and did not have challenges transacting in Senegal, Kenya, or Ghana. With LemFI, it was like having a local bank account.”

    LemFi’s Two-Pronged Strategy

    LemFi’s success is underpinned by a strategic approach involving the acquisition of licenses and the establishment of a robust network of financial partners. The journey commenced in 2020 as Lemonade Finance, facilitating remittances from Europe and North America to Nigeria, Ghana, and Kenya.

    Expanding Horizons and Strategic Acquisitions

    In 2021, LemFi expanded swiftly to the UK and added ten new African remittance corridors, showcasing its rapid growth and ambition. The acquisition of UK-based Rightcard Payment Services in 2021 allowed LemFi to secure an EMI license, broadening its service offerings to include e-wallets and other financial services.

    The year 2023 marked a pivotal moment for LemFi. In May, the company underwent a rebranding from Lemonade Finance to “LEMFi,” symbolizing a new ambition and dedication to breaking down barriers and transcending borders.

    In July 2023, LemFi achieved a significant milestone by obtaining an International Money Transfer Operator (IMTO) license from the Central Bank of Nigeria through Rightcard Payment Services. This allowed LemFi to partner directly with Nigerian banks, streamlining the remittance process and eliminating intermediaries.

    Adding to its momentum, LemFi secured an impressive $33 million in a Series A funding round in the same month. The funding underscored investor confidence in the company’s vision and execution amid a challenging fintech landscape.

    LemFi’s Potential as Africa’s First Cross-Border Unicorn

    With the World Bank reporting a record $20.1 billion in remittances from Nigerians abroad in 2022, projected to reach $26 billion by 2025, LemFi stands at the forefront of a substantial opportunity. While Nigeria has not yet produced a unicorn in the remittance space, LemFi’s innovative approach and strategic positioning could position it as Africa’s first cross-border unicorn.

    The Crossover Show’s panellists discussed potential challenges in the cross-border space and expectations of increased regulation from the Central Bank of Nigeria in 2024. While acknowledging the uncertainties, LemFi’s win reflects its commitment to simplifying financial transactions for international communities.

    LemFi’s Ongoing Revolution

    LemFi’s win at The Crossover Show serves as a testament to its dedication to revolutionizing cross-border payments in Africa. Its commitment to user experience, strategic acquisitions, and robust partnerships positions LemFi as a key player in reshaping the cross-border payment landscape in Africa and beyond.

  • Nigerian data regulator (NDPC) investigates 17 violations

    Nigerian data regulator (NDPC) investigates 17 violations

    The Nigerian Data Protection Commission (NDPC) is investigating 17 significant data breaches in banking, technology, education, consultancy, government, logistics, and gaming/lottery. 

    NDPC National Commissioner Dr Vincent Olatunji said this at Global Data Privacy Day in Abuja. 

    In addition, the commission received over 1000 data breach complaints, prompting investigations. Olatunji said the commission’s efforts in the country have brought in N400 million for the government.

    In Finance, Technology, Education, Consulting, Government, Logistics, and Gaming/Lottery, Olatunji said over 1000 complaints had been evaluated, 50 verified, and 17 significant instances under investigation. 

    Read also: Data privacy: FG to digitise government procedures

    “We have generated over 400 million Naira for the government through remedial actions for completed cases.”

    Zenith, GTB, Fidelity, Leadway Insurance, Babcock University, and others were investigated for data breaches by NDPC in June 2023. The Commission investigated data breach allegations against Opay, Meta, and DHL by October 2023. The robust regulatory framework and strategic measures behind these investigations demonstrate Nigeria’s commitment to data security and privacy.

    Data protection might earn FG N6.2 billion.

    The National Commissioner of NDPC also reported an increase in annual audit filing due to the growth of Data Protection Compliance Organisations from 103 to 163.

    According to him, the sector generates N6.2 billion in income and 10,100 jobs. 

    To promote compliance, we expanded Data Protection Compliance Organisations from 103 to 163. Annual audit filings have climbed to over 2000, industry revenue is projected at 6.2 billion, and 10,100 jobs have been generated. 

    In addition, Nigeria has joined the Global Privacy Assembly, which includes 130 nations. Furthermore, it is an active member of the Network of African Data Protection Authorities. Membership in the organisations attests to our international recognition and moderate engagement in Nigeria’s data protection ecosystem.

    He underlined data privacy and protection awareness in the country. 

    Olatunji also stated that the Nigeria Annual Data Protection Report, presented during the Feb. 4, 2024, Annual Anniversary and Award Ceremony, will detail the commission’s progress and following measures.

    Consumer Data, Bedrock Of Africa’s Emerging Open Finance System

    Minister seeks awareness 

    The Minister of Communications, Innovation, and Digital Economy, Bosun Tijani, emphasised awareness above fines. 

    He suggested using Data Privacy Week to honour compliant organisations and raise awareness of the knowledge gap. 

    Bosun observed, “The knowledge is lacking because there is no capacity, and it is a new way of doing things, and we need to consider behavioural change.” 

    According to the minister, the Federal Government plans to digitise all public services to capitalise on the digital economy and safeguard citizens’ data.

  • Xiaomi launches Redmi Note 13 series in Nigeria

    Xiaomi launches Redmi Note 13 series in Nigeria

    Redmi Note 13 Series, Xiaomi’s latest smartphone, has shattered the smartphone industry again. The launch event on January 24th in Lagos, Nigeria, unveiled five unique gadgets that would reinvent the Redmi Note legacy.

    The Redmi Note 13 Pro+ 5G, 13 Pro, and 13 are the leading models with improved cameras, designs, displays, and processors. Xiaomi’s mid-range and flagship smartphones offer superior durability, immersive user experiences, and superior imaging at low costs.

    Read also: 6 Xiaomi phones to stop Miui updates in April, 2023

    Redmi Note 13 Series’ Improved Camera

    A reworked camera system for different needs elevates photography on the Redmi Note 13 Series. The 200MP camera with OIS on the Redmi Note 13 Pro+ 5G and Pro versions is impressive. 

    Users get flagship-level photos with this high-resolution camera’s unmatched detail. The 2x/4x lossless zoom concentrates on distant topics, capturing congested scenes or action. With a vast 1/1.4″ sensor and enhanced image processing, these cameras ensure high-quality images even in low-light circumstances.

    With a 108 MP primary camera and 3x lossless zoom, the Redmi Note 13 captures stunning photographs with finer details. Both models have Xiaomi’s Imaging Engine, a 200MP or 108 MP primary camera, an 8MP ultra-wide camera, a 2MP macro camera, and a 16MP selfie camera. 

    Redmi Note 13 Series’ next-generation computational photography and intense image processing make it suitable for shooting iconic photographs on any occasion.

    Visual Quality: AMOLED Display, 120Hz Refresh Rate

    Users get a premium look and feel with the Redmi Note 13 Series’ ultra-slim bezels and great photography. An 1800 nits peak brightness and 1.5K AMOLED display make the Pro+ 5G variant stand out. Both the Redmi Note 13 Pro and regular have super-clear FHD+ AMOLED displays.

    Scrolling on all devices is silky smooth with 120Hz AdaptiveSync, improving the viewing experience. This series has TÜV Rheinland Low Blue Light, Flicker Free, Circadian Friendly, and Reading mode eye protection for long-term comfort. The Redmi Note 13 Series’ in-screen fingerprint sensor is convenient.

    Redefining Durability: Corning® Gorilla® Glass Victus® and IP68

    Xiaomi has developed the Redmi Note 13 Series to be durable and rugged, giving users peace of mind under demanding environments. Corning® Gorilla® Glass Victus® coating the Pro+ 5G display protects it from drops and scratches. Touch responsiveness is increased across the series, even in rain. With IP68 dust and water resistance, Redmi Note 13 Pro+ 5G leads the pack, while the others have IP54.

    How to fix a non charging Android phone

    HyperCharge and Advanced Processors

    The Redmi Note 13 Series has powerful CPUs and long-lasting batteries to entertain consumers daily. The 4nm technology, MediaTek Dimensity 7200-Ultra processor, and enormous 5,000mAh battery of the Redmi Note 13 Pro+ 5G make it stand out. It supports 120W HyperCharge for a 100% charge in 19 minutes. 

    A MediaTek Helio G99-Ultra CPU and 5,000mAh battery allow the Redmi Note 13 Pro to charge in 45 minutes with 67W turbocharging. After these updates, the Redmi Note 13 Series offers premium capabilities at affordable costs, demonstrating Xiaomi’s dedication to providing smartphone users globally with the best value.

    Xiaomi also announced the Redmi Note 13 Series, Redmi Watch 4, and Redmi Buds 5 Pro and 5. Redmi Watch 4 features a 1.97″ AMOLED display, Redmi Buds 5 Pro deliver improved ANC and realistic sound, and Redmi Buds 5 enhances audio with up to 46dB ANC. Mi offers cutting-edge technology across its products, pushing innovation. Xiaomi is at the forefront of technology, and the Redmi Note 13 Series will delight smartphone fans.

  • FSCA reviews 50 Crypto firm licence applications

    FSCA reviews 50 Crypto firm licence applications

    South Africa’s Financial Sector Conduct Authority (FSCA) will officially decide 1on 50 crypto businesses’ licence applications in the coming weeks.

    According to South African press sources, FSCA head of enforcement Gerhard van Deventer indicated in a podcast that 20 of the 90-plus applications have withdrawn.

    In December, the FSCA reported 128 cryptocurrency asset service provides licence applications as of November 2023.

    South Africa was the first African nation to licence crypto exchanges in June 2023. The FSCA, South Africa’s financial authority, mandated licences for all crypto exchanges by 2023.

    Read also: Fxview empowers South African traders with financial solutions

    Recent update: January 2024

    The FSCA’s chief of enforcement, Gerhard van Deventer, told MoneywebCrypto Podcast that 145 applications were submitted by November 30, 2023, according to licencing division statistics. 

    Following those 145 applications, 50 were submitted to the Authority’s licencing committee in December, and 20 have since been rejected.

    The first batch of cryptocurrency asset service provides licence applications would be reviewed in a few weeks, he said. For the 20 revoked applications, several applicants’ firms were not focused on crypto but were exploiting the chance to increase their licence.

    After interacting with the FSCA during the application process, the business realises how difficult it is to secure this licencing. Some of them decided to wait till they decided to enter into crypto. Gerhard Van Deventer commented.

    Additionally, some applicants “got stuck” on the essential individual criteria. Key informants need relevant experience, qualifications, and skills, according to Van Deventer. 

    Since crypto hasn’t been around long, there’s not much of that. In those cases, applicants have indicated that they will find an appropriate Location and apply again later.”

    Van Deventer noted that all applicants, regardless of merit, can continue delivering this financial service under specified conditions until they learn the conclusion.

    Importantly, everyone who did not apply for a licencing must stop immediately. After being prohibited, he said they would undertake unregistered business.

    Bitcoin (BTC) sees volatility amid ETF speculation, drops to $45,000

    South African crypto regulation 

    Crypto-asset financial services companies had until November 30 to apply for licences. Unlicensed companies had to file a detailed licencing application, while licenced FSPs needed approval to include crypto assets.

    Crypto financial service businesses without licences after November operate unlawfully. FSCA threatens jail time or fines.

    South Africa is interested in blockchain technology and its offerings. We reported in November that the government joined 47 other nations in developing a taxation standard that will empower them to pursue individuals and organisations that fail to disclose earnings and pay taxes on crypto, NFT, and other digital assets by 2027. 

    These trends suggest South Africa seeks to beat Nigeria and Kenya to regulate, administer, and use the blockchain for national growth.

  • Anambra exchanges technology with Amazon, Google, 24 others

    Anambra exchanges technology with Amazon, Google, 24 others

    Anambra state government announces strategic engagement with 26 US high-tech enterprises.

    [ez-toc][ez-toc] this. These firms include Google, Meta, AWS, Dell, and others.

    As reported, the strategic relationship was reached over a weekend meeting at the US Consulate General in Lagos. The state delegation, led by Governor Chukwuma Charles Soludo, CFR, met with the US Consul-General, William Stevens, and prominent officials from 26 top US high-tech businesses to discuss strategic issues. 

    Read also: Amazon video cuts budgets for African, Middle East content 

    The summit sought to collaborate, form corporate ties, and promote technical partnerships to boost Anambra State. The statement states that the summit strengthened strategic collaborations for economic development and technology exchange, encouraging shared prosperity between Anambra State, its tech enterprises, and their US counterparts.

    The Anambra delegation, which included Chukwuemeka Fred Agbata, Commissioner for Industry, Uchechukwu Christian, and Ms. Chinwe Okoli, Special Adviser to the Governor on Innovation and Business Incubation, presented the state’s tech development initiatives under Governor Soludo. 

    They also presented the government’s goal to create a tech-friendly state. 

    Chukwuemeka Fred Agbata stressed the governor’s commitment to making the state a hub for digital transformation and innovation while showcasing the state’s tech revolution successes.

     

    Amazon, Google, and others commit to Anambra tech development

    US high-tech companies in the discussions expressed interest in aiding Anambra State in several ways. Amazon Web Services strongly supported the State’s Digital Health and Education Transformation. Dell and HP offered state-purchased equipment technical support and significant discounts. 

    Meta vowed to deepen their involvement in the state through partners like IGHub and Fate Foundation, while Google indicated an interest in trialling many initiatives and exploring prospects to strengthen SMEs’ digital presence in Anambra, increasing digital footprints. 

    “It is noteworthy, though, that the Anambra State Government and these tech industry titans recognise that these commitments are preliminary and subject to additional discussions and fine-tuning towards translating these commitments into impactful projects that will bring about lasting positive change for the people of Anambra,” the release says.

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    Strategic relationships mark a milestone in Anambra State’s transformation into a tech hub, according to the comments. They also support Governor Soludo’s goal of making the state Nigeria’s digital and creative capital. 

    “The partnerships with these leading industry giants, no doubt, will catalyse innovation, economic growth, and societal development within the state,” the statement states.

    The governor thanked US companies for supporting Anambra’s technology growth and emphasised the state’s commitment under his watch to fostering a collaborative and innovative environment.

  • IMF predicts AI’s impacts on jobs globally

    IMF predicts AI’s impacts on jobs globally

    The International Monetary Fund (IMF) estimates that 40% of jobs in emerging markets and 60% of jobs in developed nations could be impacted by artificial intelligence (AI).

    According to the global organisation, a more pronounced effect on developed economies is anticipated than on developing markets and low-income nations.

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    IMF details this impact on developing and developed nations

    The Chief of IMF, Kristalina Georgieva, gave more insights on this development via a blog post on the IMF’s official site on January 14, 2024.

    A technological revolution is about to occur, which has the potential to increase global growth, productivity, and incomes. But it also has the potential to increase inequality and displace workers.

    Everyone is on the edge of their seats over the fast development of AI, which has sparked both hope and fear and has prompted vital discussions regarding the technology’s possible effects on the world economy. The overall impact is hard to predict because AI will have far-reaching and complicated effects on economies. One thing we know for sure is that we’ll have to figure out how to harness AI’s immense potential in a responsible way for the greater good of mankind.

    New research from the International Monetary Fund looks at how AI could change the global job market. Numerous studies have forecasted that AI will eventually displace humans in the workforce. Still, we are aware that AI will most certainly supplement human labour in numerous instances. Both of these forces are captured in the IMF analysis.

    The results are shocking: nearly 40% of the world’s workforce is involved with AI in some way. While IT and automation have mostly affected low-skilled occupations in the past, AI stands out due to its capacity to affect high-skilled occupations as well. So, while developing and emerging market economies have less to fear from AI, advanced economies have more to gain from it.

    Artificial intelligence has the potential to affect 60% of jobs in developed economies. With the help of AI, about half of the exposed jobs could become more productive. The other side of the coin is that AI apps might execute crucial human-only jobs, which would reduce the demand for labour, which in turn could cause wages to fall and hiring to slow down. The worst-case scenario is that some of these positions are eliminated.

    Developing and emerging market economies are less likely to be hit hard by AI right away. However, there is a concern that AI may exacerbate global inequality in the long run since many of these countries lack the necessary infrastructure and trained workforce to utilise the technology fully.

    The inequality to set in

    AI has the potential to impact national income and wealth disparities. Those in a position to take advantage of AI may see a rise in their productivity and salary, while those in lower-income brackets may see a decline. According to studies, less experienced workers can see a significant increase in their productivity with the help of AI. Opportunities may be more easily capitalised on by younger workers, while older workers may find it more difficult to adjust.

    How much AI helps out high-income workers is a major factor that will determine the impact on labour income. A disproportionate rise in the labour income of higher-income workers could result from AI if it greatly augments their abilities. Higher capital returns, brought about by increased productivity at AI-using businesses, may further benefit the well-off. Inequality may worsen as a result of both of these events.

    Without immediate action from lawmakers, artificial intelligence (AI) has the potential to exacerbate existing inequalities and societal tensions. Nations must provide extensive social safety nets and retraining programs for workers who are at risk. Doing so will help ensure that everyone has a fair chance to benefit from the AI transition, which will safeguard jobs and reduce inequality.

    Microsoft adds Copilot AI key to PC keyboards

    The solution IMF offers

    The International Monetary Fund has created an AI Preparedness Index to assist nations in formulating appropriate policies. The index evaluates preparedness in areas like digital infrastructure, human capital and labour-market policies, innovation and economic integration, regulation and ethics, and innovation and economic integration.

    For instance, the human capital and labour-market policies component assesses factors like the percentage of the population covered by social safety nets, the number of years of schooling, and job-market mobility. The regulation and ethics component evaluates how well a country’s legal system accommodates digital business models and whether there is robust governance to ensure effective enforcement.

    The AI Preparedness Index suggests that developed countries should build strong regulatory frameworks and put an emphasis on AI integration and innovation. This method will foster an atmosphere of responsible AI development, which is essential for preserving public confidence. Prioritising investments in digital infrastructure and a workforce that is proficient in digital technologies should be the top focus for developing and emerging market economies.

    We can still make sure that the AI era brings prosperity for everyone, even though it has already begun.

    The 125 member nations were evaluated by the IMF’s staff using the index. The results show that low-income countries are less prepared to adopt AI than wealthier economies, including advanced and emerging market economies. However, there is a lot of variation across countries. Based on their strong performance in all four tracked categories, Singapore, the United States, and Denmark posted the highest scores on the index.

  • How to break into the tech industry In Africa

    How to break into the tech industry In Africa

    Securing employment in the technology sector is notoriously difficult, as you may well know if you’ve ever tried.

    Tech companies, even at the entry level, have extremely high expectations for their employees due to the industry’s notably competitive nature. Discouragement is easy to come by. 

    Fortunately, this article will show you how to increase your chances in a number of different ways. You have to put in the work, but the effort you put in now will pay off in the end. 

    Read also: How to maximise your social media presence for business growth

    Choose a niche

    In the technology industry, you can find a job that fits your personality and your aspirations. Enjoy solving problems? You might find great success in web development. Do you have an abundance of imagination and a passion for aesthetics? See what’s new in web design! Is blogging amazing for you? Then content marketing could be right up your alley. 

    Alternatively, perhaps even WordPress development! Social media, email, and content marketing are all parts of inbound marketing, so it could be a good match for you if you’re very outgoing.

    Get technical skills

    Now that you have identified your niche, acquiring the technical expertise required for success in the tech industry is the initial stage towards securing employment in this field. 

    Data science, analytics, software engineering, digital marketing, project management, and programming skills could fall into this category. Research, conversations with experts in the field, and reading reputable technical journals, newsletters, or websites are all great ways to build and hone these abilities. 

    If you want to know what skills are necessary and how people in the tech industry use them on the job, you should study them.

    Get a mentor

    Mentors offer invaluable assistance to mentees in the form of expert advice, insight into specific fields, and practical experience, all of which can help mentees advance in their careers. You can find many mentors who are willing to lend you their wisdom and experience as you pursue a rewarding career in technology. 

    These people can provide you with invaluable insight and point you in the right direction. Look for a mentor who is receptive to new ideas and willing to accept different opinions. With these traits, you and your mentor can work together to learn and improve your relationship and abilities.

    Establish a strong network of professionals

    You can expand your professional network in the tech industry by making connections with people who share your interests. One surefire way to meet more people in the tech industry is to attend local conferences, post on tech forums, and network with professionals in your area. 

    Because they provide chances to work with others and gather useful industry information like job listings, resume advice, and tips from seasoned individuals, these introductions can be crucial in securing a career in technology.

    Get certified

    A bachelor’s degree isn’t strictly necessary for entry-level tech positions, but it can increase your marketability to companies in the sector. Certifications in fields such as data security, engineering, and project management are available through a number of college-based vocational programs. 

    If you want to advance in your career, you should look into various schools and websites to find out what kinds of degrees, certifications, and intensive training programs are available.

    Prepare an excellent resume

    Before you apply for a job in the tech industry, make sure you read the job description thoroughly. The role’s essential functions and requirements can be better grasped with this information. More than that, it lets you tailor your résumé to the specific needs of hiring managers. 

    To stand out from the crowd, tailor your resume to each position you apply for because every company, position, and hiring process is different. Think about highlighting your familiarity with certain tools, programs, and abilities on your resume. Including relevant keywords in your resume can improve its chances of being selected for further review by companies that use resume scanning programs.

    Search for current job openings

    Consider looking at active job listings to see what jobs are currently open. By doing so, you can learn more about the many jobs in the tech industry and perhaps zero in on the subfields that most pique your interest. 

    You can also talk to people already working in the field to get a feel of the day-to-day tasks and skill sets required for each position. This will help you decide if you want to pursue a career in that field.

    Take classes online

    Skills like programming, coding, and software development are in high demand in the tech industry, and there are online programs that can teach you these and more. You can learn at your own speed and acquire new skills with these self-paced programs; what’s more, many of them offer certifications that can set you apart from other applicants. 

    Online courses can help you gain an edge in the tech job market, even if you don’t have any relevant work experience by teaching you the fundamentals.

    Find your unique selling point

    Many tech companies are hiring for non-technical roles in areas such as sales development, product marketing, and human resources to keep up with the ever-shifting tech industry. Even candidates without a background in technology can offer fresh insights into how they interact with devices. 

    Think about highlighting your strong interpersonal and communication skills on your resume when you apply for jobs; hiring managers are looking for people who can foster a collaborative work environment and boost project efficiency.

    https://techpressionmedia.com/2024-graphics-design-and-video-editing/

    Investigate new technology startups

    Qualified individuals with marketable skills and excellent communication abilities are typically sought after by startup companies, which tend to disregard traditional job requirements in favour of training and candidate potential. 

    You can be a perfect fit for many tech startup companies with these skills and a little technical experience. To hone your technical abilities, obtain practical experience in your field, and stand out to hiring managers at startups, you might want to look into internships or seek out a mentor.

    Highlight your individual strengths

    You can set yourself apart from other applicants for tech jobs by highlighting your unique set of skills in your application. One way to boost your resume and catch the attention of potential employers is to highlight your non-technical qualities, such as drive, determination, and perseverance. 

    To further demonstrate your value to hiring managers, you can highlight your general soft skills, such as problem-solving, adaptability, and rapid learning.

  • NABDA unveils ambitious plans for TELA Maize

    NABDA unveils ambitious plans for TELA Maize

    The Director-General of the National Biotechnology Development Agency (NABDA), Prof. Abdullahi Mustapha has revealed plans for the commercial release of genetically modified maize, known as TELA maize. This groundbreaking initiative is poised to revolutionise Nigeria’s agricultural landscape and play a pivotal role in the government’s concerted efforts to bolster food security.

    Read also: Heifer International Advocates Youth-driven Innovations in Africa’s Agriculture Sector

    TELA Maize as a catalyst for crop resilience

    At a media parley held in Abuja, Prof. Mustapha underscored the urgency of tackling food security challenges, particularly in the face of Nigeria’s population projections exceeding 400 million by 2030. The TELA maize project, a collaborative endeavour spanning over 14 years and involving strategic partnerships with entities like the African Agricultural Technology Foundation (AATF) and Bayer Agriculture Nigeria Plc, aims to empower farmers with cutting-edge biotechnological tools. These tools are designed not only to increase crop yields but also to enhance crop resilience and nutritional content.

    How Biotechnological solutions transform farming practices

    Drawing attention to the success stories of modern agricultural biotechnology, Prof. Mustapha highlighted the transformative impact of two key innovations: Pod Borer Resistant (PBR) cowpea and Bt Cotton. Farmers embracing PBR cowpea reported a remarkable reduction in the necessity for insecticide sprays, dropping from eight to 10 to a mere two. Meanwhile, the introduction of Bt Cotton has redefined cotton farming practices, offering a beacon of hope for the revival of Nigeria’s textile industry. These tangible outcomes exemplify NABDA’s unwavering commitment to harnessing biotechnology for sustainable national development.

    Maize Farmers in South Africa Will Benefit from New Agritech Innovation.

    Advancing Biotechnological Frontiers: NABDA’s Ongoing Initiatives and Future Prospects

    Beyond the successes celebrated, Prof. Mustapha emphasised NABDA’s continuous commitment to pushing the boundaries of biotechnological applications. The agency’s collaborative partnerships, particularly with the African Agricultural Technology Foundation (AATF) and the Agricultural Research Council, have paved the way for breakthroughs in harnessing biotechnology for agricultural progress.

    As part of its commitment to scientific research, NABDA recently launched the NABDA Journal of Biotechnology Research (NJBR). This publication aims to contribute to reducing post-harvest crop losses through scholarly contributions and the dissemination of knowledge within the scientific community.

    The commercial release of TELA maize in 2024 signifies a monumental stride in Nigeria’s journey toward sustainable and resilient agriculture. It is not merely a technological achievement but a testament to the collaborative efforts of NABDA and its partners in steering the nation towards a future where technological advancements are integral to ensuring food security for a burgeoning population. The announcement stands as a beacon of hope, symbolising a collective commitment to leveraging science and technology for the betterment of Nigeria’s agricultural landscape.

  • Olink announces proteomics tech to scientific community

    Olink announces proteomics tech to scientific community

    Olink Holding AB (publ), trading on Nasdaq under the symbol OLK, has announced that Novogene Asia Pacific Middle East and Africa (AMEA) has incorporated the Olink Explore HT platform to offer advanced next-generation proteomics technology to the scientific community in the region.

    This strategic addition enhances the multi-omics research services provided by Novogene AMEA, offering researchers valuable insights and advancing disease biology understanding.

    Read also: Afya Rekod and Medi-Science Partner on Kenyan Healthtech Delivery

    Leveraging Cutting-Edge Proteomics Technology

    Olink’s Explore HT platform represents the latest in next-generation proteomics technology. It empowers scientists to accurately measure over 5,400 proteins using just 2µl of sample. This combination of Olink’s PEA technology with next-generation sequencing (NGS) readout enhances specificity and sensitivity, providing unmatched precision and sensitivity.

    By integrating Olink Explore HT with their existing genomics, transcriptomics, metagenomics, and epigenomics capabilities, Novogene AMEA aims to deliver comprehensive multi-omics solutions to the scientific community. This alignment allows researchers to unlock a new layer of actionable data, leading to more impactful discoveries in disease biology.

    Quotes from Key Stakeholders

    Justin Lee, Vice President of Novogene AMEA, highlighted their commitment to delivering cutting-edge multi-omics solutions in the Asia Pacific, Middle East, and Africa region. The incorporation of Olink’s proteomics technology into their services allows for the integration of multi-omics data, offering extraordinary insights into disease biology and paving the way for impactful discoveries.

    Andrea Ballagi, MD, PhD, Vice President Sales and Marketing Asia and Pacific Region at Olink Proteomics, expressed their pleasure in seeing Olink Explore HT used by Novogene to provide innovative research services. This collaboration strengthens their ability to support research across various therapeutic research fields and advance the understanding of human biology for future healthcare improvements.

    Empowering Proteomics at Scale

    Olink’s proteomics solutions are designed to unlock the immense potential of proteomics across various scales. Researchers around the world have used Olink’s technology across a wide range of therapeutic areas to gain a deeper understanding of molecular pathways involved in the development, progression, and outcome of diseases. Olink Explore HT now allows Novogene AMEA to offer high-throughput proteomics with leading specificity, enabling their customers to explore the intricate connections between genes, proteins, and diseases.

    The Promise of Multi-Omics
    This collaboration exemplifies the growing interest in multi-omics research and its potential for driving groundbreaking discoveries in healthcare. The integration of genomics, transcriptomics, metagenomics, epigenomics, and proteomics provides researchers with a holistic view of biological processes and diseases.

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    About Olink Holding AB (publ)

    Olink Holding AB (publ) is dedicated to accelerating proteomics alongside the scientific community across multiple disease areas, enabling new discoveries and improving patients’ lives. Olink provides a platform of products and services used by leading pharmaceutical companies, clinical institutions, and academic organizations to deepen the understanding of real-time human biology and advance 21st-century healthcare. The company was founded in 2016 and has a strong presence in Europe, North America, and Asia, with its headquarters in Uppsala, Sweden.

    Forward-Looking Statements

    This press release contains forward-looking statements based on management’s beliefs, assumptions, and available information. These forward-looking statements are expressed or implied in the document. Actual results may significantly differ from the information expressed or implied in these statements. Various factors may influence these statements, and they are subject to risks, uncertainties, and other factors described in the company’s filings with the Securities and Exchange Commission. The company does not undertake any obligation to update forward-looking statements, except as required by law.

  • Tanzanian researchers unite to boost sustainable scientific advancement

    Tanzanian researchers unite to boost sustainable scientific advancement

    In a bid to foster scientific research, facilitate knowledge sharing, and promote sustainable development, a group of dedicated researchers in Tanzania has established the Association of Tanzania Researchers (ATARE). This association aims to serve as a unifying platform for researchers, empowering both emerging and seasoned researchers to tackle various challenges and contribute to the nation’s development.

    ATARE, under the leadership of its President, Prof Joseph Ndunguru, seeks to promote scientific research by encouraging the dissemination of research findings, sharing information and knowledge, and supporting projects. Prof Ndunguru highlights the association’s role as a potential “basket fund” for its members, raising funds and resources to support research initiatives within the organization.

    Furthermore, ATARE plans to recognize and celebrate exceptional researchers who have made significant contributions to national development through their discoveries, inventions, and innovations.

    One of the association’s primary goals is to bring together researchers from diverse disciplines to encourage knowledge-sharing and mutual empowerment. Prof Ndunguru emphasizes the importance of establishing research initiatives in science, innovation, and technology to drive sustainable development.

    Additionally, ATARE aims to connect Tanzanian researchers with their counterparts at regional and global levels to facilitate capacity development. The association will establish and maintain a comprehensive database of research conducted in Tanzania, ensuring that researchers and the public have access to valuable information.

    ATARE also plans to unearth the wealth of research conducted in Tanzania over the years. Prof Ndunguru points out that Tanzania ranks 11th out of 54 countries in terms of the number of scientific articles published in 2020. However, the whereabouts of many of these publications remain unknown. ATARE intends to locate and utilize these resources for current and future use.

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    Supporting Agricultural Research and Market Access

    Researchers like Ms. Elizabeth Maeda believe that ATARE will be instrumental in connecting research with practical applications, especially in agriculture. The platform will facilitate the identification of markets for research-derived products, particularly in the field of agricultural research.

    Farmers will benefit from increased access to information about markets for their produce, potentially encouraging greater agricultural output. ATARE aims to establish a coherent strategy for communicating research findings and connecting researchers with markets to secure contracts for farmers.

    The Call for Human Resource Development

    Dr. Maeda emphasizes the importance of human resource development in achieving a positive impact on the country’s development. She believes that government and stakeholders should prioritize initiatives that enhance the skills and capabilities of researchers and other professionals.

    As ATARE takes its first steps in unifying Tanzania’s research community, its vision of promoting scientific advancement, knowledge sharing, and sustainable development holds great promise for the nation’s future. Through collaboration, capacity building, and the effective use of past research, ATARE aims to contribute to Tanzania’s growth and prosperity.

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    Building a Sustainable Africa through Research

    Scholars have, over the years, emphasised that scientific research plays a pivotal role in advancing sustainability across Africa. According to Dr. Jane Omojokun, a leading environmental scientist at the African Environmental Conservation Organization, “Scientific research is the cornerstone of sustainable development in Africa. It provides the knowledge and insights needed to address pressing challenges, from climate change to healthcare, and to drive innovation.”

    Professor Kwame Asante, an expert in agricultural sciences at the University of Ghana, concurs: “Without rigorous scientific research, we cannot hope to develop sustainable agricultural practices that will feed our growing population. Research allows us to optimize crop yields, reduce environmental impacts, and ensure food security.”

    A public health researcher at the African Health Research Institute, Dr. Amina Diop, also highlights the role of research in healthcare: “Evidence-based healthcare policies and interventions stem from scientific research. It’s the foundation for improving healthcare systems, addressing diseases, and enhancing overall well-being.”

    These scholars stress the need for increased investment in research infrastructure and capacity building to harness Africa’s potential for sustainable development. Their positions further harp on the importance of the establishment of ATARE, which has the capacity to contribute in achieving the United Nations Sustainable Development Goals on the continent.