Regulations

From bits to qubits, quantum science promises to disrupt the future of business, science and government as billions are invested across the public and private sector
A new Insight Report presents best-practice governance principles to guide future design and adoption as investment boomed.
It is critical to address ethical concerns well before commercialization and set standards now to ensure an equitable framework for the future.

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The World Economic Forum is pleased to announce that it will hold its Annual Meeting 2022 in Davos-Klosters, Switzerland, from Sunday 22 to Thursday 26 May. Under the theme, Working Together, Restoring Trust, the Annual Meeting 2022 will be the first global in-person leadership event since the start of the pandemic.

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Less than 10% of Africa’s people are fully vaccinated against COVID-19 – patent waivers are vital to let Africa manufacture its own vaccines, the Vice-President said
In his Davos Agenda address, he said that natural gas must be accepted as a transitional fuel and not defunded, but renewable energy is also a unique opportunity for foreign investors in Nigeria
Osinbajo called for robust interventions from the international community to eradicate terrorists from Africa
Nigeria’s National Development Plan 2021-2025 envisages investments totalling $840 billion, of which 86% is expected to come from the private sector

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Global Policy-makers Face Complex Set of Divergent Economic Challenges in Coming Year
Recovery from COVID-19 pandemic will continue but it is losing momentum
Inflation, record fiscal debt levels and COVID-19 combine to present a complex obstacle course for policy-makers
Europe is unlikely to see a similar rise in inflation as in the United States

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At the Davos Agenda, the Prime Minister said Australia is emerging strongly from the pandemic and remains a stable and reliable partner as well as an important geopolitical stabilizer in the Indo-Pacific region
Morrison appeals for the world to “grow together”, with a rapid economic recovery necessary to close widening inequality gaps
He said Australia will be at the forefront of the new energy revolution, focusing on low-emission technologies
Australia aims to become a top 10 digital economy by 2030, underpinned by safety, security and trust

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Speaking from the International Space Station, astronaut Matthias Maurer says experiments being conducted in space can help tackle challenges on Earth
Al Gore explains how space technology and artificial intelligence can address climate action
Increased access and a fall in the cost of putting satellites into space is leading to a new generation of entrepreneurs and capabilities

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Start-up funding in Africa topped $1.2 billion in 2020 – a six-fold increase in five years, but still less than 1% of the value that US start-ups raised. The continent’s research and development (R&D) investment is only a quarter of the global average
Africa is trailing behind the world in developing a knowledge-based, digital economy
Governments can change this by fuelling tech start-ups and other small businesses through incentives and investment in workforce skills
A survey of 188 government incentives for business across 32 African countries found fewer than 10% facilitated investment in Fourth Industrial Revolution technology

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The world needs more resilient health infrastructure to face future threats – President Widodo called on the IMF to mobilize global health resources with support from advanced economies and G20
G20 is prioritizing the transition to sustainable energy, but developing countries need finance and technology from developed countries to make it happen
Indonesia has reduced forest fires sevenfold since 2014, launched the world’s most ambitious mangrove rehabilitation programme and framed a new carbon tax on coal to help it reach net zero by 2060

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Cities can take a leading role in unlocking economic opportunities with Nature-based Solutions
44% of GDP in cities around the world - $31 trillion – is at risk of disruption from nature loss
A new roadmap to help cities adopt Nature-based Solutions for urban infrastructure to optimise spend and supercharge sustainable growth
Climate-resilient infrastructure can create 59 million jobs and can mitigate growing risks from extreme weather

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SGP advancements in 2021 with patron and certified facilities

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