Over 1,600 business leaders are in attendance at the 2024 edition of the World Economic Forum in Davos, Switzerland, including over 800 CEOs and 60 heads of government.
This year’s event, themed: “Rebuilding Trust”, will highlight the exponential rise of Artificial Intelligence (AI) and how business and global leaders must think and strategize about the innovation and regulation of the trend.
The 54th edition aims to revitalize foundational principles with key discussions centered around achieving security amid geopolitical tensions, creating a new economic framework, harnessing AI for societal benefit, and developing a long-term strategy for clean energy and a healthier climate.
From January 15 to 19, world leaders will emphasize open and constructive dialogue among government, business, and civil society leaders at the Graubunden winter sports resort, with insights on advancements in society, technology, science, and industry.
The United States delegation comprises Secretary of State Antony Blinken, National Security Advisor Jake Sullivan, and Special Presidential Envoy for Climate, John Kerry. Iranian Foreign Minister Hossein Amirabdollahian, Israeli President, Isaac Herzog, and Qatari Prime Minister, Sheikh Mohammed bin Abdulrahman Al Thani, are also attending.
Global focus will be on Africa and African businesses, especially on Nigeria with the emergence of a new President, former Lagos governor, Bola Tinubu.
Nigeria’s Government has confirmed that Vice President, Kashim Shettima, will be the country’s image maker at the meetings. He is to hold fruitful meetings and negotiations and also build bridges across the globe for the country.
He is poised to leverage the WEF as a springboard to attract foreign investment, according to the Nigerian Minister of Foreign Affairs, Yusuf Tuggar.
Economy experts have projected that African companies will spring surprises in 2024 with the growth of businesses on the continent. These businesses cut across the banking sector, agriculture, clean energy and climate change and more importantly, tech/ICT companies.
These are sectors projected to be strategically beneficial to investors and would likely score huge investment portfolios.
Emerging African tech/ICT company, Alluvium HQ, is also at the forum in Davos. The executive believe this is a positive outing for the company which has shown remarkable growth in the last 5 years, and has made a huge impression in the global Tech/ICT space.
Alluvium HQ, run by two globally recognized Nigerians, Taiwo Ojo and Wale Olojo, is an Atlassian Certified Partner with enormous expertise in Rest API and PostgreSQL. The company parades a team vast in consolidation, migration, integration, reporting and visualisation of Atlassian tools like Jira, Confluence, and many more.
The idea is simple. Business leaders at the forum will be looking to strategically engage themselves. Especially with companies who have the needed expertise, skill and human resources to help them increase their productivity, and team work efficiency.
Ojo, whose company was the only African owned brand at the recent Atlassian Unleash event in Amsterdam, emphasizes the global impact of Alluvium’s endeavors.
“We’ve assisted over 500 companies worldwide in transitioning from local data centers to the cloud, reaping substantial business advantages.”
The focal point of their mission is rooted in uplifting African companies. Cloud infrastructure, he emphasizes. Yield efficiency and cost-saving benefits, enabling entities to focus on their core strengths. “There is lot of potential for digital transformation within governments and the utilization of AI to streamline processes and enhance revenue generation which will in turn create employment opportunities and bolster economies”.
Alluvium recently organized Cloud Connect. Unarguably one of the most prominent ICT/ Tech event in Southwest Nigeria, the event served as a clarion call for Africa to bridge the technological gap and harness its vast potential through digital transformation and cloud adoption across various sectors.
The company has definitely taken all in its arsenal to Davos. Africa, especially Nigeria will be watching to see the connections made and the strategic alliances forged in snow.
Philips Babatunde