Sponsored
Brand

MTN Leads The Charge For Africa’s Fourth Industrial Revolution

Sponsored
Sponsored

It has been predicted that the Fourth Industrial Revolution (4IR) has the potential to raise global income levels and improve the quality of life for populations around the world.

In a keynote session at the African Continental Free Trade Area Strategy Workshop held on Friday, November 20, the Chairman, MTN Nigeria Communications Plc, Dr. Ernest Ndukwe, OFR, highlighted the opportunities of the 4IR on the African continent.

While the first, second, and third industrial revolutions focused on Steam Engineering, Electrification and Assembly Line, and Computing Internet Nuclear Energy respectively, the 4IR is building on the third.

The 4IR is characterized by a fusion of technologies that are blurring the lines between the physical, digital, and biological spheres.

Highlighting the opportunities presented by the 4IR in Africa, Ernest Ndukwe asserts that the revolution represents a unique opportunity for African countries to leapfrog over development hurdles with the help of technology.

Not forgetting the role that telecommunication companies play in the acceleration of the 4IR in Africa, Ndukwe elucidated on how MTN Nigeria is taking the lead on this.

The Nigerian telecommunications industry in 2020 has recorded an increase in National Broadband penetration, contribution to Gross Domestic Product (GDP), Traffic, Radio Latency, and others.

MTN is leading on the tripartite levers for 4IR acceleration, which include Pervasive Broadband through advances in 5G, the Internet of Things (IoT), Artificial Intelligence (AI), amongst other categories. 

Through innovations in these areas, the telecommunications company is at the forefront of enabling transformation through secure, high-speed connectivity and cloud solutions.

Apart from telecommunications companies, Ndukwe highlighted other drivers of 4IR on the African continent.

He mentioned that African policy makers and regulators would need to use a “united vision to seize opportunities as well as create incentives for technology adoption in national priority sectors like agriculture and energy.”

He expounded on the roles of Business Associations, which include raising awareness and providing information about the potential and markets for technologies while also increasing investments in training.

Ndukwe concluded that development partners would need to “finance projects on the impact of the 4IR on African economies and societies, support the creation of regional R&D centers and foster linkages with R&D centres.”

Sponsored
Funsho Arogundade

Recent Posts

How Offodile Ignited The Anambra Struggle

IFEANYICHUKWU AFUBA  Historians are agreed that a single spark can cause the course of change…

2 hours ago

Senator Adeola Yayi Congratulates Alake On Emergence As Chairman, Ogun Council of Obas

The All Progressives Congress (APC) governorship candidate in Ogun State, Senator Solomon Olamilekan Adeola, popularly…

2 hours ago

EFCC Boss, Olukoyede Charges Youths To Steer Away from Internet Fraud

The Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Ola Olukoyede has charged…

2 hours ago

Bigi-Fearless Turns Campus Activations Into Consumer Experiences Through Soundcity On Tour

BIGI and Fearless Energy Drink are redefining youth engagement by transforming campus activations into immersive…

2 hours ago

President Tinubu Vows To Revive The Refineries After A Reset, Welcomes Validation of Reforms By NUPENG

President Bola Ahmed Tinubu, on Thursday in Abuja, said refineries will not be allowed to…

3 hours ago

Osun Election – AMBOTIKAYODE ​

ADEOLA OJO  ​In the theatre of Nigerian politics, state elections are frequently reduced to a…

13 hours ago
Sponsored