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GITEX GLOBAL and Expand North Star set to accelerate world’s Artificial Intelligence (AI) economy with market projected to reach $2.7 trillion by 2032

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GITEX GLOBAL

Event billed as a catalyst for redefining the world’s digital economy and AI ecosystem under this year’s ‘Global Collaboration to Forge a Future AI Economy’ theme

DUBAI, United Arab Emirates, October 13, 2024/APO Group/ — 

GITEX GLOBAL (www.Gitex.com), the world’s largest tech and startup event, takes centre stage in the UAE next week with this year’s 44th edition destined to redefine the world’s digital economy and AI ecosystem.

Held at Dubai World Trade Centre (DWTC) from 14-18 October, the incomparable international showpiece will be more influential than ever this time around – presenting an expanded events programme that transforms the UAE into an AI universe epicentre.

Under the theme “Global Collaboration to Forge a Future AI Economy”, GITEX GLOBAL 2024 welcomes the world’s largest technology enterprises alongside governments, investors, experts, startups, academia, and researchers.  

Expand North Star (http://apo-opa.co/405aSCm), the world’s largest startup and investment show, runs concurrently at Dubai Harbour from 13-16 October – hosted by Dubai Chamber of Digital Economy and organised by DWTC.

With over 6,500 exhibiting companies, 1,800 startups, and 1,200 investors from more than 180 countries participating across 38 halls of innovation and business opportunities, these blockbuster events will see the UAE “strategically propel the next generation of AI-driven technologies”.

Trixie LohMirmand, Executive Vice President of DWTC, the organiser of GITEX GLOBAL and Expand North Star, said: “At GITEX GLOBAL in Dubai, we shall close the year with significant manoeuvres from our tech community by doubling down on global collaborations and intensive engagements amongst all involved. Through these efforts, we shall forge competitive advantages in the race towards regional and international digital supremacy.

“With international participation in GITEX GLOBAL 2024 rocketing by almost 40 per cent, it’s a barometer of the unstoppable ambitions of many young rising digital nations who are now confidently forging their ways into the future global AI economy through GITEX. As the world’s most global tech event brand with events in Germany, Singapore, Morocco, and Nigeria alongside Expand North Star, we are committed to strategically propelling the next generation of AI-driven technologies via startups, scale-ups and unicorns.”

A global agenda for tomorrow’s AI economy

According to Fortune Business Insights, the global AI market is projected to reach $621 billion in 2024 and soar to $2.7 trillion by 2032. Given its influence and impact now and in the future, the technology takes centre stage at GITEX GLOBAL 2024 with over 3,500 enterprises presenting the latest breakthrough innovations in AI, IoT, data, and the cloud.

Amongst them is TECOM Group PJSC, which celebrates its 25th successive year at GITEX GLOBAL next week. Ahead of the event, Ammar Al Malik, Executive Vice President of Commercial at TECOM Group PJSC and Managing Director of Dubai Internet City, said: “Dubai’s pro-innovation frameworks are the bedrock of tech advancements that serve a greater purpose. GITEX GLOBAL is a springboard to unlock this potential, and as the region’s leading tech hub, Dubai Internet City has been a proud partner for decades in its mission towards a brighter future. Our community is pleased to connect innovators from more than 3,500 companies across fields like artificial intelligence (AI), Web3, digital transformation, and beyond to realise this vision.”

Abu Dhabi’s most influential companies and organisations, including the Advanced Technology Research Council (ATRC) and G42 Group with its leading enterprises Presight and Khazna, will reinforce the Emirate’s position as an emerging global AI nexus. Other tech giants participating are Adobe, Alibaba Cloud, AWS, Builder Ai, Dell, Google, Honeywell, Huawei, IBM, Lenovo, Microsoft, Nvidia, Oracle, Salesforce, SAS, solutions by STC, and Tech Destination Pakistan.

Presenting the year’s largest AI event, GITEX GLOBAL will deliver 120-plus hours of AI and deep tech-focused content across various topics, facilitating discussions on the implications of AI in Future Health, Digital Finance, and EdTech. Following the wildfire pace of AI adoption and the unprecedented growth in data storage demand, the event is also launching the region’s largest Data Centre Symposium in 2024, featuring the industry leaders Datalec, Kerno, Khazna, Legrand, NTT Data, Schneider Electric, Vertiv, among many others.

Our community is pleased to connect innovators from more than 3,500 companies across fields like artificial intelligence (AI), Web3, digital transformation, and beyond

The programme will build anticipation ahead of the all-new AI Everything Global 2025. This event – taking place in Abu Dhabi (4 February) and Dubai (5-6 February) will gather some of the world’s most visionary AI tech companies to construct an innovative, fair, and responsible AI industry of the future.

Fast-tracking the next generation of startups

The world’s largest startup and investment event, Expand North Star will foster the next frontier of tech and innovation. In another record-breaking edition, the event will connect the most innovative global founders with new markets, enterprise customers, and an influential pool of investors and venture capitalists with over $1.2 trillion in Assets Under Management (AUM). These include SOSV, Bessemer Ventures, Lightrock, Sinovation Ventures, and the European Innovation Fund.

Additionally, Expand North Star will seek to redefine the future of money, blockchain, and creativity through leading co-located events GITEX ImpactFintech SurgeFuture Blockchain Summit, and Marketing Mania. Accelerating the next generation of scaleups, the world’s largest start-up pitch competition, Supernova Challenge 2.0, also graces GITEX GLOBAL with the winners claiming a share of the $200,000 prize pool.

Historic international involvement

GITEX GLOBAL 2024 will welcome the highest international attendance in its history, welcoming over 400 government and digital development agencies from around the world. Alongside GITEX GLOBAL regulars, the new nations debuting this year will showcase their latest groundbreaking tech innovations.

Next week marks the largest European participation at GITEX GLOBAL with over 35 European countries exhibiting alongside 1,000-plus SMEs and 450-plus startups from debuting countries, including Austria, Bosnia and Herzegovina, Ireland, Latvia, Lithuania, Portugal, Serbia, and Slovenia.

Many rising digital nations from Latin America are also behind the record-breaking international involvement, as are those from Central and Southeast Asia. Joining long-time GITEX GLOBAL participants such as China, Japan, South Korea, and India are several debutants – Singapore, Malaysia, Kazakhstan, and Kyrgyzstan amongst them.

While promoting international business development, entrepreneurship, and investment engagements to benefit enterprises, organisations, and SMEs alike, GITEX GLOBAL welcomes the European Innovation Council for the first time, Europe’s biggest deep-tech investor.

It will also see significant collaborations with global organisations from all continents, such as the European Innovation Council, Tech Destination Pakistan, IE University, University College London (UCL), Johns Hopkins University, the Massachusetts Institute of Technology (MIT), and key corporate ventures from leading tech enterprises such as Sony, Honda, Standard Chartered, QIC, and many more.

An action-packed agenda

Throughout its six-day duration, GITEX GLOBAL will become a microcosm of the world, launching industry-defining programmes such as GITEX Editions, an exclusive platform for late-stage advanced tech companies and a premier hub for unicorns, soonicorns and rhinos. In 2024, the event will connect 59 top global unicorns, such as Axelera, DeepL, Insilico Medicine, and Synthesis AI.

The World Future Economy Digital Leaders Summit is another must-attend show with global innovators and influential leaders set to address critical priorities shaping the future of technology. Additionally, GITEX Cyber Valley is this year’s most anticipated cybersecurity showcase – hosted by the UAE Cyber Security Council. With specialists forecasting that damage costs could reach $10.5 trillion annually by 2025, the show will present a power-packed conference agenda as the world’s most influential CISOs, CIOs, and GRC leaders to discuss the risks of global cybercrime.  

Leo Chen, Corporate Senior Vice President & President of Enterprise Sales at Huawei, which will be present with a flagship stand at the event, commented on the possibilities unlocked at the event for the industry: “GITEX GLOBAL offers a unique platform for us to engage in meaningful dialogues with industry peers about the trends and perspectives on industrial intelligence. We look forward to sharing our insights and learning from others to explore the endless possibilities of industrial digital and intelligent transformation.”

For more information on GITEX GLOBAL 2024 and to secure your passes, please visit www.Gitex.com

Distributed by APO Group on behalf of GITEX Global.

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A New Era of Manipulation: How Deepfakes and Disinformation Threaten Business (By Anna Collard)

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Anna Collard

The WEF’s 2024 Global Risk Report named misinformation and disinformation as the top global risk, surpassing even climate and geopolitical instability

 A reality where falsity feels familiar, and information is weaponised to polarize societies and manipulate our belief systems

JOHANNESBURG, South Africa, April 14, 2025/APO Group/ —By Anna Collard, SVP Content Strategy & Evangelist, KnowBe4 Africa  (www.KnowBe4.com).

Last weekend, at a typical South African braai (barbeque), I found myself in a heated conversation with someone highly educated—yet passionately defending a piece of Russian propaganda that had already been widely debunked. It was unsettling. The conversation quickly became irrational, emotional, and very uncomfortable. That moment crystallised something for me: we’re no longer just approaching an era where truth is under threat—we’re already living in it. A reality where falsity feels familiar, and information is weaponised to polarize societies and manipulate our belief systems. And now, with the democratisation of AI tools like deepfakes, anyone with enough intent can impersonate authority, generate convincing narratives, and erode trust—at scale.

The Evolution of Disinformation: From Election Interference to Enterprise Exploitation

The 2024 KnowBe4 Political Disinformation in Africa Survey (https://apo-opa.co/3RTVMu1) revealed a striking contradiction: while 84% of respondents use social media as their main news source, 80% admit that most fake news originates there. Despite this, 58% have never received any training on identifying misinformation​.

This confidence gap echoes findings in the Africa Cybersecurity & Awareness 2025 Report, (https://apo-opa.co/4ikY0xv) where 83% of respondents said they’d recognise a security threat if they saw one—yet 37% had fallen for fake news or disinformation, and 35% had lost money due to a scam.

What’s going wrong? It’s not a lack of intelligence—it’s psychology.

The Psychology of Believing the Untrue

Humans are not rational processors of information; we’re emotional, biased, and wired to believe things that feel easy and familiar. Disinformation campaigns—whether political or criminal—exploit this.

  1. The Illusory Truth Effect: The easier something is to process, the more likely we are to believe it—even if it’s false (Unkelbach et al., 2019). Fake content often uses bold headlines, simple language, and dramatic visuals that “feel” true.
  2. The Mere Exposure Effect: The more often we see something, the more we tend to like or accept it—regardless of its accuracy (Zajonc, 1968). Repetition breeds believability.
  3. Confirmation Bias: We’re more likely to believe and even share false information when it aligns with our values or beliefs.

A recent example is the viral deepfake image of Hurricane Helena shared across social media. Despite fact-checkers clearly identifying it as fake, the post continued to spread (https://apo-opa.co/3RMZHZH). Why? Because it resonated emotionally with users’ felt frustration and emotional frame of mind.

Deepfakes and State-Sponsored Deception

According to the Africa Centre for Strategic Studies, disinformation campaigns on the continent have nearly quadrupled since 2022. Even more troubling: nearly 60% are state-sponsored, often aiming to destabilise democracies and economies. The rise of AI-assisted manipulation adds fuel to this fire. Deepfakes now allow anyone to fabricate video or audio that’s nearly indistinguishable from the real thing.

Why This Matters for Business

This isn’t just about national security or political manipulation —it’s about corporate survival too. Today’s attackers don’t need to breach your firewall. They can trick your people. This has already led to corporate-level losses, like the Hong Kong finance employee tricked into transferring over $25 million during a fake video call with deepfaked “executives.” These corporate disinformation or narrative based attack can also result in:

  • Fake press releases can tank your stock.
  • Deepfaked CEOs can authorise wire transfers.
  • Viral falsehoods can ruin reputations before PR even logs in.

The WEF’s 2024 Global Risk Report named misinformation and disinformation as the top global risk, surpassing even climate and geopolitical instability. That’s a red flag businesses cannot ignore.

The convergence of state-sponsored disinformation, AI-enabled fraud, and employee overconfidence creates a perfect storm. Combating this new frontier of cyber risk requires more than just better firewalls. It demands informed minds, digital humility, and resilient cultures.

Building Cognitive Resilience

What can be done? While AI-empowered defenses can help improve detection capabilities, technology alone won’t save us. Organisations must also build cognitive immunity—the ability for employees to discern, verify, and challenge what they see and hear.

  1. Adopt a Zero Trust Mindset—Everywhere
    Just as systems don’t trust a device or user by default, people should treat information the same way, with a healthy dose of scepticism. Encourage employees to verify headlines, validate sources, and challenge urgency or emotional manipulation—even when it looks or sounds familiar.
  2. Introduce Digital Mindfulness Training
    Train employees to pause, reflect, and evaluate before they click, share, or respond. This awareness helps build cognitive resilience—especially against emotionally manipulative or repetitive content designed to bypass critical thinking. Educate on deepfakes, synthetic media, AI impersonation, and narrative manipulation. Build understanding of how human psychology is exploited—not just technology.
  3. Treat Disinformation Like a Threat Vector
    Monitor for fake press releases, viral social media posts, or impersonation attempts targeting your brand, leaders, or employees. Include reputational risk in your incident response plans.

The battle against disinformation isn’t just a technical one—it’s psychological. In a world where anything can be faked, the ability to pause, think clearly, and question intelligently is a vital layer of security. Truth has become a moving target. In this new era, clarity is a skill that we need to hone.

Distributed by APO Group on behalf of KnowBe4

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Tema Oil Refinery Managing Director (MD) Joins Accra Investor Briefing, Targets Greater Fuel Security in Ghana

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Taking place on April 14, 2025 in Accra, the briefing will spotlight emerging opportunities across Ghana’s oil, gas and broader energy sectors

Dr. Yussif Sulemana, Managing Director of the Tema Oil Refinery (TOR) in Ghana, has confirmed his participation in the Invest in African Energies: Accra Investor Briefing, as the company aims to enhance operational efficiency and reinforce Ghanaian fuel security. Taking place on April 14, 2025 at the Kempinski Hotel in Accra, the event serves as a prelude to the African Energy Week (AEW): Invest in African Energies conference, returning to Cape Town from September 29 to October 3, 2025.

The Accra briefing will explore emerging opportunities across Ghana’s energy landscape, from upstream acreage to regulatory reforms to downstream infrastructure developments. With over 17 oil and gas projects expected to come online by 2027, Ghana is poised for a significant expansion in crude production. Backed by over 1.1 billion barrels of crude oil reserves and 2.1 trillion cubic feet of natural gas, the country is ramping up both production and refining efforts. Key projects such as the Jubilee and TEN fields are central to this growth, as Ghana continues to attract upstream investment.

The company’s forward-looking strategy to boost capacity will undoubtedly generate substantial value for both the company and the country

Established in 1963, the Tema Oil Refinery stands as Ghana’s flagship refining facility and hosts the country’s largest single storage tank. The refinery has a crude storage capacity of 1,925,348 barrels across 59 tanks, representing 44% of Ghana’s national storage capacity. TOR is also the country’s sole producer of Premix fuel and operates the largest LPG storage facility in Ghana. Looking ahead, the refinery is seeking $25 million to support the maintenance and reactivation of an essential unit within its crude distillation unit. The goal is to enhance operational efficiency and ensure TOR’s continued role in sustaining national fuel distribution and energy security.

As Managing Director, Dr. Sulemana has committed to revitalizing the refinery’s operations by focusing on productivity, overcoming operational challenges and seizing emerging opportunities. This includes fostering collaboration with industry stakeholders. A recent visit by the National Petroleum Authority in Q1 2025 identified areas for performance improvement, while the refinery’s Finance and Audit team benefited from a KPMG-led in-house training program aimed at aligning internal audit practices with global standards.

“As one of Africa’s first eight refineries and Ghana’s premier facility, the Tema Oil Refinery plays a vital role in reducing petroleum imports and ensuring fuel security in West Africa. The company’s forward-looking strategy to boost capacity will undoubtedly generate substantial value for both the company and the country,” stated NJ Ayuk, Executive Chairman of the African Energy Chamber.

The Invest in African Energies: Accra Investor Briefing will lay the foundation for deal-signing and engagement during AEW 2025: Invest in African Energies in Cape Town. Uniting key players from across Ghana’s oil and gas sector, the briefing will address sector-wide challenges and opportunities, fostering deeper collaboration as the country seeks to scale up production and strengthen regional energy distribution.

Distributed by APO Group on behalf of African Energy Chamber

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Moneda Invest, FNB Namibia, Ino Capital Sign Memorandum of Understanding (MoU) to Empower small and medium-sized enterprises (SMEs) in Namibia

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Supported by the African Energy Chamber, Moneda Invest, FNB Namibia and InoCapital Investments have joined forces to launch a game-changing Local Content Accelerator, driving SME participation and African-led growth in Namibia’s energy sector

CAPE TOWN, South Africa, April 14, 2025/APO Group/ –In a strategic move aimed at transforming Namibia’s energy sector, Nigerian investment firm Moneda Invest has signed a Memorandum of Understanding (MoU) with FNB Namibia and private equity firm Ino Capital Investments to support and scale local small- and medium-sized enterprises (SMEs) in Namibia’s rapidly growing oil, gas and energy industries. The African Energy Chamber (https://EnergyChamber.org) fully endorses this partnership, viewing it as a prime example of how African institutions and investors must lead the charge in fostering inclusive economic growth across the continent.

The MoU formalizes the collaboration between the parties and establishes the Local Content Accelerator program – an inclusive platform designed to empower Namibian SMEs, suppliers and contractors to fully participate in the energy value chain. Central to this transformative initiative is a shared commitment to building a sustainable and dynamic ecosystem for local content development.

A key contributor to this milestone, Ejike Egbuagu, CEO of Moneda Invest, has played an instrumental role in realizing this vision. Egbuagu’s journey with Namibia began at African Energy Week (AEW): Invest in African Energies – the continent’s premier energy event – which brings together African leaders, global investors and energy executives. As a partner of AEW 2024, Moneda has consistently championed the development of local businesses in the energy sector, recognizing Namibia’s potential as a future energy hub and committing to support the country’s local economic transformation.

Moneda’s partnership with Namibia also deepened during AEW 2022, when the firm signed a three-year collaboration agreement with Namibia’s national oil company, NAMCOR, to share knowledge, enhance skills and unlock investment opportunities for MSMEs within the oil and gas sector. Building on this foundation, Moneda is now taking further steps to invest in Namibia’s energy landscape, strengthening its support for local content initiatives and playing a pivotal role in driving sustainable, inclusive growth in the country’s burgeoning energy sector.

This partnership provides the proper backbone, supported by our experience operating in Nigeria, DRC and other parts of Africa

“We are very honored to sign this partnership with FNB,” Egbuagu stated. “The truth is that the opportunity we see here is vast – it’s huge. However, banks and financial institutions must have an appetite for the unknown. Oil and gas represent the unknown in Namibia. This partnership provides the proper backbone, supported by our experience operating in Nigeria, DRC and other parts of Africa.”

https://apo-opa.co/43RjL4z

The MoU outlines a strategic roadmap for unlocking financing and operational support for SMEs across the energy value chain, from contractors to service providers to logistics firms. The partnership marks a significant turning point – a new phase where African businesses are not only recipients of capital but champions of development. This MoU exemplifies the impact of long-term, strategic investment in African talent and businesses, and serves as a call to action for other African institutions and leaders to invest deeply, remain committed and trust in the continent’s potential.

As Africa’s energy sector continues to expand, the need for effective local content policies, strategies and initiatives becomes more urgent for local job creation and value retention. The upcoming AEW 2025: Invest in African Energies conference, taking place in Cape Town from September 29 to October 3, will highlight how well-designed partnerships can drive SME participation and growth. The event will bring together operators, financiers and investors with local companies, fostering collaboration and strengthening Africa’s energy industries.

Distributed by APO Group on behalf of African Energy Chamber

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