CIPE Europe & Eurasia’s Post

3 Main Takeaways From The 2024 3i Africa Summit

Kharkiv IT Cluster demonstrates its influence in the international arena again, representing the Ukrainian IT industry in the Czech Republic. As part of the Export Alliance APPAU project, a successful business mission took place, including the Kharkiv IT Cluster. The event was held from April 23 to 26 in Prague. The visit allowed for the presentation of domestic IT technologies and strengthened business ties between Ukrainian and Czech companies. Here's the key information: 👨💻 Ukraine's IT sector: 20 years of unique experience in 14 business domains. Over 95% of projects undertaken by Ukrainian IT companies are aimed at international markets. The main partner countries for Ukraine remain the USA, Malta, the UK, Cyprus, and Israel. 🦾 Kharkiv's IT industry: Despite challenges related to the war, Kharkiv remains a hub for the development of the Ukrainian IT industry. Currently, Kharkiv is home to over 500 companies and more than 50,000 programmers who, despite all trials, continue to actively develop this industrial hub. 🇨🇿 AI: Czechia & Ukraine: Czech partners already offer cooperation in projects such as digital twins, smart manufacturing, computer vision, and AI-based forest resource management. Ukrainians, in turn, share their experience. For example, 60% of Kharkiv IT Cluster participants actively use AI technologies in various fields. Their products are being implemented in our city and the lives of Kharkiv residents. The mission to the Czech Republic was part of the Export Alliance APPAU project supported by the USAID Competitive Economy of Ukraine Program.

Rapport Draghi : "As EU companies are specialised in mature technologies where the potential for breakthroughs is limited, they spend less on research and innovation (R&I) – EUR 270 billion less than their US counterparts". "We have many talented researchers and entrepreneurs filing patents. But innovation is blocked at the next stage: we are failing to translate innovation into commercialisation". "Although technology is crucial to protect Europe’s social model, AI could also undermine it without a strong focus on skills." "At the root of Europe’s weak position in digital tech is a static industrial structure which produces a vicious circle of low investment and low innovation". "There are not enough academic institutions achieving top levels of excellence and the pipeline from innovation into commercialisation is weak". "Public spending on R&I in Europe lacks scale and is insufficiently focused on breakthrough innovation." "Europe needs to make it easier for “inventors to become investors” and facilitate scaling up of successful ventures." "The EU has a unique opportunity to lower the cost of AI deployment by increasing computational capacity and making available its network of high-performance computers" "The EU should promote cross-industry coordination and data sharing to accelerate the integration of AI into European industry."

YB Mohd Rafizi Bin Ramli highlighted the progress in China-Malaysia cooperation, especially in investment and people-to-people exchanges. He emphasized that disruptive innovation and technology transfer would play a crucial role in shaping future collaborations. The "KL20 Action Plan" serves as a crucial reference point for this. Let's look forward to a stronger partnership between China and Malaysia. #ChinaMalaysiaCooperation #Innovation #TechnologyTransfer #KL20ActionPlan

Are Africa's tech regulations effective? According to Abossé AKUE-KPAKPO, Director of Digital Economy at the West African Economic and Monetary Union (UEMOA), regulatory frameworks exist but face significant challenges in enforcement. In a recent interview at GITEX AFRICA, Akue-Kpakpo highlighted the complexities of regulating Africa's digital economy, citing a lack of enforceable penalties as a major hurdle. Despite UEMOA's efforts to introduce robust regulations, including initiatives like the Regional Digital Economy Development Programme, the ability to ensure compliance remains limited without stronger enforcement mechanisms. Stay informed on the latest developments shaping Africa's tech landscape with insights from Harry Clynch's detailed report. 

The world has lost its understanding of the balance of power that is obvious to everyone, which makes international relations more complex. A large number of emerging crises are caused by the fact that “small” and “medium-sized” countries have begun to experiment: they see an opportunity for themselves to test the system of international relations […] https://lnkd.in/dJFFsVic www.Cyprus-CEO.com #CEO #business #management #marketing #tech #AI #legal #money

Must read. The future of European competitiveness. Europe must profoundly refocus its collective efforts on closing the innovation gap with the US and China, especially in advanced technologies. […] The problem is not that Europe lacks ideas or ambition. We have many talented researchers and entrepreneurs filing patents. But innovation is blocked at the next stage: we are failing to translate innovation into commercialisation, and innovative companies that want to scale up in Europe are hindered at every stage by inconsistent and restrictive regulations […] With the world on the cusp of an AI revolution, Europe cannot afford to remain stuck in the “middle technologies and industries” of the previous century. We must unlock our innovative potential. This will be key not only to lead in new technologies, but also to integrate AI into our existing industries so that they can stay at the front. […]

A lot of speculation has appeared recently in the public space about the advantages and disadvantages of the Eurasian Economic Union (EAEU), its development prospects, the advisability of the participation or accession of new members, and how the EAEU will continue to interact with the outside world in the context of sanctions and the worsening […] https://lnkd.in/dMyrP5TY www.Cyprus-CEO com #CEO #business #management #marketing #tech #AI #legal #money

A study examined the #technology and productivity gains of Central Asian countries from foreign direct #investments (FDI) by the People’s Republic of #China between 2004 and 2019. The study found that FDI-recipient countries demonstrate positive #productivity growth, but their technology gains depend on their capacity to absorb advanced technologies. 🟠 READ https://buff.ly/3Hj9AZF #SDG9 Asif Razzaq, Fareeha Armughan, CAREC Institute

It will be significantly easier to the Western world to gradually accept that its resources are finite than it will be for those who currently find the dominance of the United States and Europe unsatisfactory to establish new models of collaboration, writes Valdai Club Programme Director Timofei Bordachev. One of the most significant challenges that […] https://lnkd.in/dVfQbYkS www.Cyprus-CEO.com #CEO #business #management #marketing #tech #AI #legal #money