NEWS
Visium Technologies announces Africa Business Development Advisory Board a diverse background of expertise to support our initiatives in Africa .
Visium Technologies , a global cybersecurity and analytics company , has confirmed the formation of its Africa Business Development Advisory Board with the appointments of Dr Gloria B . Herndon , Dr Lassina Zerbo , Ambassador Ekwow Spio- Garbrah , Ambassador Joseph Huggins and Bizuayehu Admasuu as inaugural members .
Mark Lucky , Chief Executive Officer of Visium Technologies , said : “ The establishment of our Africa Business Development Advisory Board is an exciting development for the company . As we continue to pursue significant opportunities for our TruContext technology platform , it is important that we have strategic guidance from individuals with
“ Drs . Herndon and Zerbo , along with Ambassador Spio-Garbrah , Mr Admasuu and Ambassador Huggins bring significant experience , expertise and key relationships in their respective fields that we are confident will advance our strategy in the Middle East and Africa , by building our revenue base and by supporting the Digital Transformation of these regions . We are honoured to have this group of business veterans working with us .” Lucky said : “ Growth in the African tech ecosystem is accelerating and we are positioned to benefit from this exponential growth .”
Africa ’ s tech ecosystem is projected to grow from an estimated US $ 115 billion in 2022 to US $ 712 billion by 2050 , according to Endeavor Nigeria .
African Development Bank provides funding for Diamniadio Digital Technology Park
The Board of Directors of the African Development Bank Group have approved additional financing of € 5.01 million for the future Digital Technology Park in Diamniadio , Senegal .
With this new loan , the bank is assuming 87 % of the € 73.62 million total project cost , with the Senegalese government contributing € 9.64 million . The Senegalese Ministry of Economy , Planning and Cooperation is coordinating the aid through its Directorate of Economic and Financial Cooperation .
The 25-hectare future park is being developed in the emerging Diamniadio urban hub , located about 35km from Dakar . Twenty companies , including ATOS , Free and Solution Informatique Durable ( SOLID ), have expressed interest in locating some of their activities in the forthcoming park . However , they need a solid communication infrastructure to operate .
Furthermore , this loan will help equip the planned data centre within the park with a state-of-the-art storage and processing architecture through an international tender .
In addition to the data centre , components of the ambitious project include business process outsourcing facilities , an ICT incubator , a training centre , a research centre and an audio-visual production and content development centre . The project also provides for institutional support , capacity building and the establishment of a management team responsible for its implementation .
“ The ICT sector is one of the most advanced in West Africa and the project will benefit an entire ecosystem ,” said Cherfi Mohammed , Senegal Country Manager , African Development Bank .
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