Funding Opportunity For Startups at the Digital Africa Conference and Exhibition 2019 in Abuja

Startups will get the opportunity to pitch their business idea before prospective investor at the forthcoming annual Digital Africa Conference and Exhibition set to hold from June 25-27, in Abuja.

The Digital Africa conference and Exhibition is Africa’s premier consumer technology show which holds annually. It provides the perfect platform to showcase your brand,pitch your ideas and enhance your reputation. It presents to its participants a major opportunity for unrivalled networking and privileged access to strategic partners, investors and potential buyers.

“There is therefore, the need for an Africa with clean water, nutritious food, affordable housing, personalized education, top-tier medical care and non-polluting, ubiquitous energy.

The time is now ripe to position Africa for Abundance through exponential change,” the statement partly read.
Speaking on the choice of theme for the event, Dr. Woherem said “An Age of Abundance? Yes, it is coming, in fact, almost here with us. It is being fuelled by the exponential technologies. With the right type of decisions and actions by citizens, we can ensure that each of the countries in Africa will benefit from this new age of abundance.

“Imagine a situation where just by wearing a T-Shirt in form of a technology tool, heartbeats are measured, uploaded to the Cloud via Bluetooth, and algorithms process them to accurately detect the irregular heartbeats. “Imagine converting wastes from the coffee industry into biofuels for heating buildings and powering transportation or disrupting the air surrounding a fire and quenching it eventually by the pressure waves of sound. These are some of the things going to be prevalent in the Age of Abundance driven by technology.”

Dr. Woherem warned that in getting ready for the Age of Abundance, Africa should avoid sitting idle and letting the train of the new industrial revolution pass her by. He insisted that governments must take this challenge very seriously and do something with a great sense of urgency. “However, regardless of what the government does or does not do, the challenge is on us all, especially the youth to ensure that this new train of development does not pass us by. I implore you all thus: arm yourselves with knowledge, start research and projects in AI and other exponential technologies, even if it is from your bedrooms or garages. “We must not miss this opportunity. If you don’t, especially if your children do not, they won’t be economic active members of society. For the sake of your economic well-being at least, do something, embrace these new technologies,” Dr. Woherem advised.

According to Dr woherem, Artificial Intelligence (AI) will be the key driving force behind the 4th Industrial Revolution, with the global economic returns of the revolution expected to be in the region of US$16 trillion. He added that along with these returns, AI is also expected to create 2.3 million new jobs by 2020, going by Gartner’s prediction.

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