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20261012 133000 UTC
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[00:00:20] a
[00:00:28] a
[00:00:28] of
[00:00:38] of
[00:00:54] welcome to the beam where curiosity tests conversations taking us a step further into
[00:00:58] the
[00:00:58] of future we desire. Here we bring you the issues that matter, the
[00:01:02] voices that challenge and the insights that inspire. I'm soon as
[00:01:06] Nathaniel, our world is evolving and it's evolving so very
[00:01:09] fast, technology is
[00:01:11] of evolving alongside, artificial intelligence is becoming
[00:01:14] infrastructure, capital is
[00:01:17] of becoming more selective, global politics is becoming more
[00:01:21] protectionist and African founders are having to build
[00:01:24] in a world that
[00:01:25] of looks very different from the one that existed just few years
[00:01:29] ago. so the question has then become, do we have the
[00:01:33] courage and conviction to build the new world and
[00:01:36] what would that actually require? today we're having that conversation with
[00:01:40] our guest Frank elana, he is the head
[00:01:43] of the enterprise and policy desk at Tech Cabal, Mr. Frank, welcome to the
[00:01:47] beam, thank you so much and uh, I'm very happy
[00:01:51] of to be on the show today, yeah, welcome back, welcome back,
[00:01:55] let's get right into it,
[00:01:56] you know, technology, the tech ecosystem, digital economy,
[00:02:00] and you know looking at what we're talking about, conviction,
[00:02:03] courage, to build uh for new world uh looking at that whole
[00:02:07] space, we see that there
[00:02:09] are there are gaps, what are the biggest gaps and what are the most significant
[00:02:12] efforts that are currently on the way to see that these gaps are
[00:02:16] addressed from our ecosystem down to the world? i think if
[00:02:20] we if we look at what has happened
[00:02:23] of in that ecosystem over the years um we're talking about
[00:02:26] from 2022 when
[00:02:28] of there of was
[00:02:29] a record uh funding attention that came into that
[00:02:34] of industry um where we had um funding of up to $4 billion dollars
[00:02:38] and then um from there there was some kind
[00:02:42] of a lag between 2023 and
[00:02:45] 2024 and then we sort of bounce back
[00:02:49] of in the in 2025 to that peak of a $4
[00:02:53] billion dollars again
[00:02:55] you know you will see that um there's a
[00:02:59] certain consistent. that's starting to be associated
[00:03:02] with the tech ecosystem in Africa and that's as
[00:03:05] a result
[00:03:05] of the fact that over the over time we have we we are
[00:03:09] starting to see more infrastructure uh being
[00:03:13] deployed in in the entire
[00:03:15] ecosystem so infrastructure talking
[00:03:19] about uh for connectivity because um at the
[00:03:23] foundation of every transaction or the foundation of every other thing that you call
[00:03:27] technology is the... infrastructure that
[00:03:31] powers it, um, you've got to have internet for you to go online,
[00:03:34] um, you've got to have internet for
[00:03:36] you to do transactions, do any other thing, maybe even if it's AI
[00:03:40] that you're planning to do, whatever
[00:03:42] it is that we're building the solutions for today, um, all
[00:03:45] of them rest on the fiber cables that we
[00:03:49] um, how many fiber cables that are laid in the country, um, how
[00:03:53] many towers are deployed, um, how many data
[00:03:56] centers that are built, you know, and over time we're
[00:04:00] starting to see that the number
[00:04:03] of of that infrastructure is starting to
[00:04:07] of increase um also the number of investors that are coming to
[00:04:11] the country and deploying capital to build up
[00:04:14] these infrastructure across different
[00:04:18] uh um segments um it's also increasing
[00:04:22] um we are seeing over more facilities for data
[00:04:25] centers that are being built and then just this year
[00:04:29] alone the central bank and the central bank as well
[00:04:33] as the um the central bank as well as
[00:04:36] the um as well as
[00:04:40] nida are already thinking about our cloud
[00:04:42] infrastructure and how to make it lot
[00:04:46] stronger than what it is um currently i
[00:04:49] think um that those are the indices that are showing
[00:04:53] that we making progress um within the technology
[00:04:56] ecosystem in in Africa yeah it's you
[00:05:00] you brought that, that combination between nider
[00:05:04] and all the those who are supporting the work there when it comes to
[00:05:08] the drive for the digital economy, but one of those things that has come into play when it
[00:05:11] comes to... mentions as regards the this whole ecosystem, the tech
[00:05:15] ecosystem, digital economy and the future that we're looking at is the moon shot.
[00:05:19] you want to take us through what the moon shot is, and what it's really needs
[00:05:23] to do or what is coming to do, what is been doing when it comes to the
[00:05:27] gaps that we're seen within the system? yes, moon
[00:05:31] shirt is is like response
[00:05:34] to gap that we
[00:05:37] saw um when it comes to the gathering the tech
[00:05:41] ecosystem in... Africa um yes there has been
[00:05:45] events that um that brought together
[00:05:48] founders, investors and even regulators within the
[00:05:52] ecosystem, there has been these events,
[00:05:55] but um how how much of those
[00:05:58] events have have
[00:06:00] as as and have created the conversation that needed to be had within that
[00:06:04] ecosystem and also talking from the point of view of those
[00:06:08] who are actually building the um the rails that are building the
[00:06:11] innovation. that building everything that um
[00:06:15] that we've come to know as a African tech ecosystem, that is
[00:06:19] where that is where a
[00:06:22] moonshirts um came in, moonshirt is
[00:06:26] like
[00:06:26] it is like a mark of excellence, trying to tell the
[00:06:30] world look Africa has arrived, africa is
[00:06:34] ready and at moon shot you see
[00:06:37] you see everyone that is building
[00:06:41] everything. significant or anything significant within
[00:06:45] the technical system, um, you see founders, you
[00:06:49] see investors, you see consumers as well, you
[00:06:53] see regulators, you see also those who are powering
[00:06:57] the infrastructure and deploying the capital um
[00:07:00] within within the ecosystem, all them come come
[00:07:04] together in one room, field
[00:07:08] with um conversations and teams of different kinds,
[00:07:12] to just find the way forward um for
[00:07:16] the ecosystem and every year what we have done is that we think
[00:07:20] about what has happened this year, how do we push the
[00:07:24] conversation forward,
[00:07:25] you know um last year we were talking
[00:07:28] about um um taking the
[00:07:31] ecosystem to the next um um
[00:07:35] level, but this time around we are looking at convenction
[00:07:39] because we are starting to see some form of stabiliz. uh
[00:07:43] um stability within the ecosystem and that
[00:07:47] and and that for us is something that you need to um
[00:07:50] enphosize and you need people or the
[00:07:54] the regulators in one room everyone just
[00:07:57] dissecting what is the next future how do we get
[00:08:01] ourselves to that point where Africa doesn't just
[00:08:04] doesn't just be um in the room but also
[00:08:08] Africa is sitting on the table and also making the...
[00:08:13] that will affect
[00:08:15] - um affect the continent um you will agree with me, mean issues
[00:08:19] around AI, issues around
[00:08:22] data, how do we how do we bring
[00:08:26] back our data home and if we're bringing it back home,
[00:08:30] what are the infrastructure requirements, what are the infrastructure
[00:08:34] needs that we need to do and what where do we get the capital
[00:08:37] even to bring that data back home and that
[00:08:41] has the biggest issue that we've heard this year again
[00:08:45] referencing
[00:08:46] what i said earlier about the CBN mandating banks to bring back to
[00:08:49] to
[00:08:51] bring back their data and also
[00:08:52] seedas cloud
[00:08:55] infrastructure talking about localization
[00:08:59] everything this year has been about localization bringing back
[00:09:02] everything home and that also for us speaks
[00:09:06] about time is time for quality we need to see
[00:09:09] more companies that are building quality stuff not just about the
[00:09:13] hype anymore, we have gone past the era of hype for
[00:09:17] the continent, we're now in the era where we are demanding more quality
[00:09:21] from every company that is building within the continent, and that is what moonshut
[00:09:25] is all about, bringing all those guys together to say, how
[00:09:29] do we build a quality ecosystem that
[00:09:33] is sustainable and that takes us to the next
[00:09:36] level um that technology
[00:09:39] demands? yeah, so
[00:09:41] you see it... sounds hopeful, it sounds you know
[00:09:44] exciting, but my question in in if we are really
[00:09:48] being frank about it, as a person who analyzes tech as a
[00:09:52] one who's in the space who's been there for a while, do we really have that
[00:09:55] courage you know and the conviction as people as a nation as a continent,
[00:09:59] have you really seen that courage and conviction to you, make the new world
[00:10:03] come into existence, bring it into existence the way it will work for us, do we
[00:10:07] really have that going for us? i do
[00:10:11] think there is... something moves and efforts
[00:10:15] currently ongoing that does show that we
[00:10:18] are um heading in the right direction um if you think
[00:10:22] about the policies that have uh come out this
[00:10:26] year, um, you think about the national
[00:10:29] AI strategy, you think about the national
[00:10:32] cloud strategy, there is uh also
[00:10:36] the nimsy act that was signed this year,
[00:10:40] um, just of course uh, just some few days
[00:10:43] ago we had a post code uh, and the
[00:10:47] digital post code system that the government also released, so
[00:10:51] there's a lot of um effort being put in place
[00:10:55] you know to sort of um
[00:10:59] rightly position us from the ground up before we were
[00:11:02] building from from top you know as in everybody was just
[00:11:06] building without the foundation um yes there
[00:11:10] was internet and no matter how how poor that internet
[00:11:14] was um many people just didn't care as long as you were building something and people were
[00:11:18] just seeing it however um we're starting to
[00:11:21] see um more emphasis being placed on um
[00:11:25] infrastructure deploy an deployment, which is why uh the
[00:11:28] government is thinking about the 90 thousand kilometer fiber um although
[00:11:32] that hasn't started yet, we hope that it will it will get on the way
[00:11:36] before the end the year um we still have - to december to make that
[00:11:40] happen, but even if we're still waiting on that
[00:11:44] we still have operators like uh like
[00:11:47] MTN like uh Airtel all them
[00:11:51] thinking about putting more money into the market. you know
[00:11:55] to push forward the infrastructure um
[00:11:58] uh um services so we are seeing more cables being deployed across the
[00:12:01] country, we're seeing more um we even seeing
[00:12:05] deals around tower companies so um the mtn
[00:12:09] iHS uh company um deal that is currently
[00:12:12] ongoing all of that is to facilitate an
[00:12:16] environment where um we have more robust
[00:12:19] infrastructure so um if you're building any innovation that you're
[00:12:23] building it will be it will be
[00:12:27] reliant or it will be a foundation that
[00:12:31] is um that is much more resilient than what we used to have
[00:12:34] before and that's also why if you look at what the NCC has
[00:12:38] released um so far as at July um
[00:12:41] internet penetration has gone to around 47% you
[00:12:45] know it probably might get up to 50% before the end the year um
[00:12:49] although we're not hitting the target of 70% uh we should get there
[00:12:52] but um there's some movement going on there, so you can look
[00:12:56] at
[00:12:57] that and say, yes, we are, we are heading in the right direction, that's still
[00:13:00] a lot more room to grow, there's a lot more thing to be
[00:13:04] done, and some of us who are who
[00:13:08] think that's more peace should be should be given, will say more
[00:13:12] speed, you need more speed, because the world is currently
[00:13:16] moving lot faster than Africa, the world is
[00:13:20] currently moving lot faster um than even when Nigeria is currently,
[00:13:24] we're talking about 47% uh
[00:13:26] internet penetration and out of
[00:13:30] that, out of that fist internet is still not up to
[00:13:33] 10%, we need to get that fix internet up
[00:13:37] to um more than 10%, getting it to 20%, um
[00:13:41] and start playing where our pairs like Kenya, South
[00:13:45] Africa are starting to play, if you look at penetration now in in
[00:13:49] South Africa, face internet is much more than mobile broadband, you
[00:13:52] know, um, Kenya is also pushing his
[00:13:56] own um f internet to get at par with his
[00:13:59] mobile broadband. Nigeria needs to get his game
[00:14:03] on with fist internet. We haven't done that. Um, that's also
[00:14:07] why, um, it's just few people that are currently
[00:14:10] on
[00:14:11] uh on fist broadband. And we had 5G of
[00:14:15] course, we have uh pushed 5g, but I don't think the speed with which
[00:14:19] we're pushing 5G um, is enough? Currently there are about
[00:14:23] 9.2 million uh. subscribers on
[00:14:26] 5G, that's certainly not enough if you want to push that
[00:14:29] technology um lot faster where the rest the world is,
[00:14:33] but i know there are concerns around the
[00:14:36] business case for it and also the cost of deploying the infrastructure that's
[00:14:40] needed for that to happen, but certainly i think
[00:14:44] that gradually we're starting to um to to hit the
[00:14:48] right notes to sing the right um tunes you
[00:14:52] know um but do we need to get lot
[00:14:55] faster, I do certainly think so, and uh uh,
[00:14:59] maybe from next year a lot more things will start to happen in order when we
[00:15:03] put more um more policies in place, but certainly
[00:15:07] we're moving um in the right direction. All right, uh, your watching the
[00:15:11] beam where comfort is questioned, power is examined and the future is held to
[00:15:15] account. The world of technology is really moving fast and we need to get into the
[00:15:19] future right now. We'll come back and after that when we get back we're going to be discussing
[00:15:23] further how to take this nature. into the future when it comes
[00:15:27] to the digital economy, when it comes to the future of technology itself. Stay
[00:15:30] with us, we'll be right
[00:15:31] back.
[00:15:36] All see the world. differently, but our time
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[00:15:43] and sometimes conflict all converge in one
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[00:15:51] brings you those headlines from around the world with in-depth
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[00:16:10] "welcome back, you're still watching the beam and we're continuing that conversation with Frank
[00:16:14] elan, he's the head the enterprise and policy desk at
[00:16:18] Techkabal, very vast when it comes to technology, and we just started talking
[00:16:21] about the you know the inventions, we talking about conviction, we're talking about courage
[00:16:25] as to build that new world when it comes to the future of technology, when it comes to the
[00:16:29] digital economy that we're pushing forward for, and we were talking about how much
[00:16:33] speed we need when it comes to meeting the world uh speed.
[00:16:37] one of those things I would say though is that we've been having so many conversations like
[00:16:41] this, moonshots is another very important conversation right, and the question for me
[00:16:45] would become, what exactly are we taking from this,
[00:16:49] are there resolutions that are going to be made, what exactly makes this different,
[00:16:53] why should a founder, you know, why should a policy maker,
[00:16:57] when they meet, what
[00:16:59] exactly should we get
[00:17:00] from it, because we don't just want to have another conversation, so what
[00:17:03] exactly are we getting
[00:17:05] from it? all right, so ' there are different
[00:17:09] uh content um tracks at the moon shirt,
[00:17:12] but just beyond the content tracks and the content
[00:17:16] tracks is is the fact that when you come to mot is
[00:17:20] a whole lot of experience, it's a different type of
[00:17:23] experience um so you're not just meeting
[00:17:27] investors which i've talked about um or
[00:17:31] other founders and networking you know you can do that for every this
[00:17:34] is channel's television please stay tuned as well. go live to
[00:17:38] Kogi state for the P-bat door to door rally in
[00:17:41] Lokoja,
[00:17:55] this is a live channel's television
[00:17:57] event,
[00:18:01] thank you so much excellency, at
[00:18:05] this point we will fight for. very short good
[00:18:08] messages, the state youth leader the All
[00:18:12] Progressives Congress,
[00:18:15] honorable Buhari Lokoja, please come forward
[00:18:18] and say a word all to this
[00:18:21] crowd, honorable Buhari
[00:18:24] Lakoja, state youth leader the All Progressives
[00:18:28] Congress, welcome
[00:18:31] members of this movement, be but door to
[00:18:35] door 2027.
[00:19:22] your excellency, my father,
[00:19:25] mentor, destiny
[00:19:27] helper, the youth
[00:19:29] governor,
[00:19:35] the native boy,
[00:19:39] my honorable chairman the largest party in
[00:19:42] africa, engineer
[00:19:46] momo, right honorable
[00:19:49] speaker, cogi state house of
[00:19:52] assembly, honorable
[00:19:55] ali umar assignment,
[00:19:59] every other dignity
[00:20:01] is here, presence, your
[00:20:04] excellency, what you
[00:20:07] Today, it is a manifestation of your good
[00:20:10] work, your excellency, the youth
[00:20:14] of Kogi State are never had it good like this
[00:20:17] time, your
[00:20:21] excellency, your
[00:20:24] excellency, it used to be a
[00:20:28] mere statement, a mere prophecy
[00:20:32] that youth are the leaders of tomorrow, in your own
[00:20:36] time, you are the leaders in kogi
[00:20:39] state for
[00:20:41] president,
[00:20:46] kogi state is APC, apc is cogi state.
[00:20:50] under the leadership ofmed
[00:20:53] Usmano, of
[00:20:57] course there are noise makers, but you can't
[00:21:01] take the fact that our governor is connected to his
[00:21:05] people, and nobody de state under
[00:21:09] this humble leadership of inclusive government and find
[00:21:12] citizen, your
[00:21:15] excellency, the party of SPC is
[00:21:19] so structured that no complain anywhere, it
[00:21:22] is your wisdom, your humility, your adherance
[00:21:26] to the system. your excellency, the youth of
[00:21:30] cogistate will forever remain grateful to
[00:21:32] you.
[00:21:35] president, don't border coming to koji
[00:21:39] state, the governor who is your dear son is doing your
[00:21:41] job, for we, the youth wing who
[00:21:45] constitute more than 60% the formation
[00:21:49] of. will vote
[00:21:52] president under the directive
[00:21:55] ofodo.
[00:22:00] your excellency, when it is time for your
[00:22:02] campaign is going to be
[00:22:06] normal proceedings the legislative house. those in support
[00:22:09] say hi, you have done so
[00:22:13] well that we don't have opposition in kogi state,
[00:22:17] but president.
[00:22:22] is doing the righting for Nigeria, all what the youth of
[00:22:26] Nigeria require is patient, the process
[00:22:30] is going positively, president will
[00:22:34] take us to the promised, let's not get
[00:22:38] did, let's keep our hope
[00:22:40] alive, the governor is doing a great job for
[00:22:44] us, i want to leave the stage, but
[00:22:47] before dan there is no
[00:22:51] complain anywhere because people are sleeping with their two eyes closed.
[00:22:55] security of cogide is so paramount and important to your life, which
[00:22:59] is why you don't stay an hour out of communicating to all the security agency and the
[00:23:03] youth in general. under your watch that never been protest of any
[00:23:07] kind, it means you are doing
[00:23:08] well. nobody comes to
[00:23:12] ki state as a governor will not
[00:23:15] encounter lot of issue because the complicity the tribe and
[00:23:19] religion.
[00:25:20] with very large
[00:25:21] heart.
[00:25:26] state accountant general. our respected leaders of this
[00:25:30] great movement, our distinguish stakeholder, our
[00:25:34] coordinators across the local government and worlds and
[00:25:37] all member of this grace gathering. i salute you
[00:25:41] all, our, i salute you all.
[00:25:45] are you happy to women, are you happy to be
[00:25:48] here?
[00:25:51] Wonderful, may God bless you all, today
[00:25:55] is very special day, I give all glory to God
[00:25:58] Almighty, I am deeply honored to stand before you.
[00:26:02] today as the newly inaugurated state woman leader of
[00:26:05] president movement in kogi
[00:26:09] state. first, i sincerely talk the chief
[00:26:12] servant of this noble state, governor
[00:26:16] dodo, my own
[00:26:17] m and
[00:26:21] the leadership of this great movement, for the convidence reposed
[00:26:25] in me, i promise not to take it for granted.
[00:26:29] my appointment is not just title, it is a cost. for
[00:26:32] responsibility, a car to unity and a court to
[00:26:36] work together with our women across the
[00:26:39] states, motherers are
[00:26:42] you.
[00:28:11] Are you ready to organize? I make
[00:28:15] your voice heart, that is the spirit I want to see,
[00:28:19] we was united, organized, peaceful and
[00:28:23] committed to our responsibilities, my nation is to
[00:28:26] work with men across all levels, states, local
[00:28:30] government, what are school? we will
[00:28:33] encourage participation, listen to our members,
[00:28:37] strengthen our structure and ensure that women are treated
[00:28:41] with dignity and respon. our thought
[00:28:45] movement must reach the people, we must listen to them,
[00:28:49] understand their concerns, share accurate information
[00:28:53] and engage our community
[00:28:55] respectively. my
[00:28:59] dear people, i cannot do this work alone. I need
[00:29:03] your cooperation, your dedication, your advice
[00:29:07] and your support. Together, we can build movement where
[00:29:10] every man, every woman has a voice, and every
[00:29:14] member understand their responsibilities. As we move
[00:29:18] forward, under the leadership of this movement, let our
[00:29:21] action reflect discipline, honesty,
[00:29:25] respect and commitment. Women, are we ready to
[00:29:29] work together? Yes, we ready to serve
[00:29:33] our communities, then let us rise to this
[00:29:37] responsibility before us and i god
[00:29:41] will help us, amen. before i end this
[00:29:44] speech, i want to teach our women the slogans we shall be
[00:29:47] using, when i say we stand
[00:29:51] together, we respond, we move forward, we
[00:29:55] stand together, we move
[00:29:56] forward, our
[00:30:00] parent. We move forward our
[00:30:04] priority
[00:30:05] every
[00:30:10] finally, I thank our leaders, our women, our
[00:30:14] youth and every member present here today, may almighty
[00:30:18] God protect our families and grant us wisdom to serve
[00:30:22] with integrity, long leave our
[00:30:25] women, long leave our great movement, long
[00:30:28] leave peace and unity in our states, god bless our!
[00:30:33] God bless Federal Republic of
[00:30:34] Nigeria,
[00:30:38] thank you so much, thank you, thank you, honorable
[00:30:42] commissioner for youth and sports development, thank
[00:30:46] you,
[00:30:49] abc,
[00:30:53] abc,
[00:30:57] abc.