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The University of Lagos has been awarded a seed grant by the African Engineering and Technology Network to research digital growth in youth-led micro, small, and medium enterprises across Africa. The study, which will involve collaboration with the University of Nairobi, Kenya and the University of the Witwatersrand, South Africa, was announced in a statement obtained by The PUNCH on Saturday. The research lead from UNILAG’s Faculty of Management Sciences, Dr. Obigbemi Imoleayo, explained that the one-year project will focus on evaluating digital transformation and maturity within MSMEs across Sub-Saharan Africa. The research will cover various sectors, including health, energy, environment, and sustainability. Dr. Imoleayo noted that the study aims to identify the key challenges and opportunities that could accelerate digital adoption in Africa’s MSME ecosystem. She, however, lamented that these enterprises face high failure rates, often lacking the digital maturity needed to compete and grow sustainably. Recognising the transformative potential of digital technology, particularly for youth-led businesses, she said the study aims to assess the state of digital transformation in various sectors. Related News UNILAG, OAU, CU win CFA contest UNILAG students kick over N300,000 Ghana trip fee How I turned down N800,000 from MKO Abiola — Sowore It will also create a clear understanding of MSMEs’ digital capacities and offer solutions to boost resilience and sustainability, she added. According to her, the structured research will proceed through distinct phases over the coming year. In the initial months, the research team will set objectives, refine methodologies, and build partnerships. “A comprehensive literature review and framework development are planned for months three and four, setting the groundwork for a digital maturity assessment survey and qualitative interviews,” she said. “These surveys and interviews will gauge digital capabilities and capture the lived experiences of MSMEs in adapting to new technologies. In the final stages, findings will be analysed and disseminated through workshops, conferences, and academic publications, ultimately informing policies that will accelerate MSMEs’ digital transformation,” she explained. Dr. Imoleayo reiterated that despite the advantages digital transformation offers, MSMEs often struggle to adopt necessary technologies due to resource constraints, including limited budgets, knowledge gaps, and time constraints. “This research will investigate several key questions, including the current level of digital maturity in MSMEs across sectors; the challenges and opportunities MSMEs encounter when adopting digital technologies; the impact of digital maturity on MSMEs’ business performance, innovation, and sustainability; and strategies and interventions to enhance MSMEs’ digital maturity,” she said. “Outcomes of the study will be shared with industry stakeholders, policymakers, and academia, aiming to foster a supportive environment for African MSMEs in the digital era. As part of this commitment, findings will also appear in policy briefs, book chapters, and journal articles,” she stated.
EUDA Holdings and Guangdong Cell Biotech Explore Potential Strategic Partnership to Advance ...
For weeks, residents of New Jersey and other US states have reported seeing thousands of unidentified lighted drones flying overhead, a phenomenon that has sparked conspiracy theories and prompted politicians to demand the Biden administration explain what was behind the mysterious sightings. US officials have said that most of the sightings involve manned aircraft and that there is no evidence of any threat to public safety or national security. But those responses have done little to reassure anxious Americans or placate state and local officials. Here is what we know so far. What are people seeing, and where? Since November, hundreds of people have shared videos and photos online of bright objects in the night sky. While the majority of incidents have come in New Jersey, people in other states, including Maryland, Virginia, Massachusetts and New York, have reported seeing what appear to be drones as well. An official told reporters on Saturday that there had been more than 5,000 reported sightings, but that fewer than 100 merited further investigation. US aware of 'non-human' activity and is hiding UFO captures, whistleblower claims Former Maryland Governor Larry Hogan posted a video of purported drones above his home in Davidsonville, Maryland, though some social media users responded that at least some of the lights in his video appeared to be stars in the constellation Orion. The sightings have created a social media frenzy. A Facebook group entitled "New Jersey Mystery Drones - let's solve it" had nearly 75,000 members as of Tuesday, with people posting theories ranging from extraterrestrials to foreign actors. What has the Biden administration said? The White House said on Tuesday that drones spotted over the north-eastern United States were all operating "legally and lawfully," after president-elect Donald Trump called on the US government to be transparent on a situation that has sparked a public uproar. "Our assessment at this stage is that the activity represents commercial, hobbyist, or law enforcement drones, all operating legally and lawfully," along with some aircraft or even stars mistaken for drones, National Security Council spokesman John Kirby said. Homeland Security secretary Alejandro Mayorkas said in an ABC News interview on Sunday that there was "no question" New Jersey residents were seeing some drones, though he added that at least some of the sightings were of manned aircraft. He suggested the increased activity could reflect a 2023 change in a Federal Aviation Administration rule to allow nighttime flying of drones. How have other officials responded? Some state officials, including New York governor Kathy Hochul, have called on Congress to enact stricter rules for drones while giving states wider authority to combat drone activity. "This has gone too far," Hochul said in a statement on Saturday, a day after the runways at a local airport in New York were shut down for an hour due to drones. On Sunday, Hochul posted on X that the federal government was sending a drone detection system to New York. New Jersey governor Phil Murphy wrote a letter to President Joe Biden last week asking for more federal resources to investigate the phenomenon. Trump said on Monday the US military should tell the American public about the nature of the drone sightings. "The government knows what is happening," Trump told a press conference. "For some reason, they don't want to comment. And I think they'd be better off saying what it is our military knows and our president knows." Source: AP / Brian Glenn/TMX Who's responsible? It's not clear. Officials have said most of the sightings were of manned aircraft, but local, state and federal authorities are still investigating. Some politicians have suggested that foreign countries could be dispatching the drones. US representative Chris Smith told Fox News that a coast guard vessel off the New Jersey shore was trailed closely by more than a dozen drones and speculated that a foreign power could be behind the activity. He said he's asked the military to authorise the shooting down of a drone to learn more. How the United States helped counter Iran's attack on Israel Another congressman from New Jersey, Jeff Van Drew, said in a statement last week that drones had been spotted hovering near a nuclear plant and suggested an Iranian "mothership" might be responsible for the flying objects. A defence deparment spokesperson said there was no truth to that notion. Boston police arrested two men on Saturday after a drone was detected "dangerously close" to Logan International Airport, the city's police department said. Using drone monitoring technology, police were able to track the operators' position to a nearby island, where they confronted three individuals who fled on foot. Two of the three were taken into custody and charged with trespassing, with additional charges possible.
Indian, Vietnam Coast Guards conduct joint sea exercise off Kochi
BOSTON--(BUSINESS WIRE)--Nov 22, 2024-- In recognition of its local collaboration, commitment to modernizing the electric system and support of clean energy goals, Eversource and its local partner BXP have been selected to receive a 2024 Cambridge Chamber of Commerce Annual Visionary Award for their partnership on the innovative Greater Cambridge Energy Program (GCEP), which includes the development of a first-of-its-kind underground electrical substation. The Visionary Awards & Gala took place on November 21 at 5:30 p.m. at the Hyatt Regency Hotel. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241122421270/en/ Eversource and BXP accept the Cambridge Chamber of Commerce Annual Visionary Award. (Photo: Business Wire) Among other innovative technologies, GCEP will include the nation’s largest underground substation—a 35,000-square-foot facility 120 feet beneath a public green space at BXP’s Life Sciences Center in Kendall Square. It will also feature eight underground transmission lines spanning 8.3 miles across Cambridge, Somerville, and Boston, plus 48 distribution lines and significant upgrades to local substations or clean energy hubs to enhance power reliability, resilience, and support for a growing electric demand driven by the electrification of transportation and heating. “Our dedicated employees work every day to ensure a reliable, more sustainable energy future, and we are truly honored to receive this award from the Cambridge Chamber of Commerce,” said Bill Quinlan, Eversource President of Transmission and Offshore Wind Projects. “This recognition emphasizes the critical role of collaboration and compromise in delivering innovative solutions that meet the unique needs of the communities we serve. We’re pleased to have had the opportunity to collaborate with BXP, the City of Cambridge, the Cambridge Redevelopment Authority, as well as the City of Somerville and Allston/Brighton on this important project. By investing in advanced technologies and infrastructure, we aim to meet the evolving energy needs of our customers in an environmentally responsible way, creating a cleaner, more resilient, and efficient grid for the future.” The Visionary Awards recognize innovators from the business, institutional, and non-profit communities who are truly effecting change in Cambridge and beyond. This special evening is an opportunity for the Cambridge business community to celebrate these change agents and their extraordinary impact on improving the lives of others. Additional information about the project is available on the company’s Greater Cambridge Energy Program’s web page. More information on the energy company’s year-round work to strengthen and modernize the electric system for customers can be found on the reliability page of Eversource's website . Eversource (NYSE: ES), celebrated as a national leader for its corporate citizenship, is among the top energy companies in Newsweek ’s list of America’s Most Responsible Companies for 2024 and recognized as a Five-Year Champion , appearing in every edition of the list. Eversource transmits and delivers electricity and natural gas and supplies water to 1.8 million customers throughout Massachusetts, including approximately 1.47 million electric customers in 140 communities, 639,000 gas customers in 117 communities, and 11,500 water customers in five communities. Eversource harnesses the commitment of approximately 10,000 employees across three states to build a single, united company around the mission of safely delivering reliable energy and water with superior customer service. The #1 energy efficiency provider in the nation, the company is empowering a clean energy future in the Northeast, with nationally recognized energy efficiency solutions and successful programs to integrate new clean energy resources like a first-in-the-nation networked geothermal pilot project, solar, offshore wind, electric vehicles and battery storage, into the electric system. For more information, please visit eversource.com , and follow us on X , Facebook , Instagram , and LinkedIn . For more information on our water services, visit aquarionwater.com . View source version on businesswire.com : https://www.businesswire.com/news/home/20241122421270/en/ CONTACT: Kyle Costa 774-464-8185 kyle.costa@eversource.com KEYWORD: MASSACHUSETTS UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: GREEN TECHNOLOGY ENERGY ENVIRONMENT SUSTAINABILITY UTILITIES SOURCE: Eversource Copyright Business Wire 2024. PUB: 11/22/2024 01:34 PM/DISC: 11/22/2024 01:34 PM http://www.businesswire.com/news/home/20241122421270/en
Global Times: People's Daily article says favorable conditions for China's economic development remain unchangedSuper Micro Computer: Continues Surging Higher (Technical Analysis)
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