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Stellantis Reports Q1 2024 Net Revenues and Shipments Reflecting New Product Transition

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Stellantis

Stellantis Pro One commercial vehicles achieved market share leadership in the Middle East & Africa region in the quarter with 2L% market share

We are reducing inventories to reinforce our strong relative pricing ahead of our new or mid-cycle product launches this year in key regions

AMSTERDAM, The Netherlands, May 7, 2024/APO Group/ — 

Net revenues of €41.7 billion, down 12% compared to Q1 2023 primarily due to volume, mix and foreign exchange headwinds, partly offset by firm net pricing; Consolidated shipments(1) of 1,335 thousand units, down 10%, reflecting production actions and inventory management to prepare for new product wave in H2 2024 compared with strong shipments in Q1 2023 to build inventory following a prolonged period of supply constraints; Total new vehicle inventory of 1,3U3 thousand units (Company inventory of 423 thousand units) at March 31, 2024, reflecting improving level and structure versus December 2023; Global BEV and LEV sales increased by 8% and 13%, respectively, versus Q1 2023; ongoing global focus with new BEVs launching throughout 2024; Ordinary dividend of €1.55 per share (1G% increase versus prior year) approved at AGM to be paid to shareholders on May 3, 2024; €3.0 billion share buyback on track for 2024 completion.

“While Q1 2024 year-over-year shipments and Net revenues comparisons were difficult due to transitions in our next generation product portfolio manufactured on new platforms, we are delivering clear improvements in key commercial dynamics with customer sales outpacing shipments. We are reducing inventories to reinforce our strong relative pricing ahead of our new or mid-cycle product launches this year in key regions. During Q1 2024, we have introduced four new models out of our full-year launch plan of 25 models, including 18 BEV nameplates, which we believe sets the stage for materially improved growth and profitability in the second half of the year.”

RESULTS FROM CONTINUING OPERATIONSFY 2024 GUIDANCE – CONFIRMEDRevenue backdrop: SupportiveAOI Margin(2): Double digit minimum commitment Industrial Free Cash Flows(3): Positive
Q1 2024Q1 2023Change
Combined shipments (000 units)1,3711,538(11)%
Consolidated shipments (000 units)1,3351,47L(10)%
Net revenues (C billion)41.747.2(12)%

All reported data is unaudited. Reference should be made to the section “Safe Harbor Statement” included elsewhere within this document.

Stellantis N.V. today reported first quarter 2024 Net revenues and shipments reflecting production actions and inventory management strategies to prepare for the upcoming new product wave. Sales to customers were unchanged from prior year, with growth in Middle East & Africa (up 23% year-over-year) and Enlarged Europe (up L% year-over-year). Global BEV sales were up 8% and North America PHEV sales were up 7U% year-over-year. Jeep® Wrangler, Jeep® Grand Cherokee and Dodge Hornet were the top three most sold PHEVs in the U.S.(4) Stellantis Pro One commercial vehicles achieved market share leadership in the Middle East & Africa region in the quarter with 2L% market share, while maintaining its No. 1 position in both EU30 and South America, on its quest to achieve global market leadership by 2027. In EU30 BEV sales, Pro One also takes the top spot with 33% market share.

The Company’s key achievements toward the Dare Forward 2030 strategic plan include:

CARETECHVALUE
Announced partnership with California Air Resources Board that avoids 10-12 million metric tons of greenhouse gases in theU.S. and enhances ongoing commitment to strengthen Stellantis’ electrification offensive by promoting electric vehicle awareness, expanding charging infrastructure and driving dealer readiness.Redistributed C1.U billion to employees in 2024, totaling CL billion since 2021, based on record 2023 Full Year results.Conducted third global employee survey in February as part of the continuous listening approach to improve overall working experience and well-being. Nearly 1L2,000 employees responded – a 71% participation rate, an 8-point increase compared to prior year.Engaged young people in career development actions through:Battery Workforce Challenge, managed by Argonne National Laboratory for the U.S.Department of Energy, challenging teams to design, build, test and integrate an advanced battery pack for Ram ProMaster EV.Drive for Design contest, hosted by the Stellantis North America design team, invitedhigh school students to create their dream vehicle for 2040.As part of a broader stakeholder engagement plan, Stellantis CEO Carlos Tavares was joined by four internationally known experts and students from three universities in France, Morocco and the U.S. for the second annual Freedom of Mobility Forum to debate “How will our planet accommodate the mobility needs of eight billion people?”Introduced three BEVs: Fiat Topolino, Maserati Grecale Folgore, Ram ProMaster EV; launch plan maintained.Started production of in-house designed and manufactured electric drive modules at Indiana Transmission (U.S.). Class-leading power density 250kw units will be installed in upcoming STLA Large vehicles (Dodge, Jeep, Alfa Romeo, Chrysler, etc).Began cell and module production with battery partner ACC in Europe. LG Energy Solution and Samsung SDI to follow. Battery components will be assembled into high-energy density, Stellantis- designed and manufactured battery packs ranging from 80 to 120 kWh in size.Expanded in-house production of hydrogen fuel cell vehicles on both mid-size and large vans in Hordain (France) and Gliwice (Poland). Fuel cell van extended lineup and increased in-house, industrial-scale production cements Pro One standing as undisputed commercial vehicles leader in Europe.Further refining traditional propulsion systems:Started production of the all-new 2.2L MultiJet 4.0 clean diesel engine (Euro Le and 7 compatible) at Pratola Serra (Italy) plant.Through the eTransmissions Assembly joint venture launched electrified dual-clutch transmission production in Turin (Italy) to help power next-generation, Stellantis-brand hybrids.Quickly adopting advancements in generative AI in R&D and customer value-added services. In R&D, deployed AI for simulation, which significantly enhanced accuracy and speed in the simulation and testing phases. With new method, Stellantis can improve aerodynamic assessment by more than 300 times and reduce cost by >85%; dozens of additional AI systems to come in 2024.First OEM to integrate ChatGPT functionality as standard, starting with deployment of new travel assistant across entire DS brand range, followed by Peugeot in its iconic i-Cockpit® system, with plans to extend across the Stellantis portfolio.Created the world’s first virtual cockpit platform as part of Stellantis Virtual Engineering Workbench enabling engineering teams to deliver infotainment tech to customers quicker through faster development cycles and feedback loops.Launched MyTasks, an industry-first tool for fleet managers enabling real-time communication, task assignment and status updates with drivers in the field via the vehicle’s infotainment unit.Acquired artificial intelligence framework, machine learning models, intellectual property rights and patents of CloudMade, a developer of smart, innovative big data-driven automotive solutions to support mid-term development of STLA SmartCockpit.Stellantis Ventures strategic investments:SteerLight: developer of high-performance, low-cost LiDAR tech, which has the potential to improve advanced driver assistance systems.Tiamat: develops and commercializes sodium-ion battery tech at a lower cost per kilowatt-hour and free of lithium and cobalt.Announced record investment plan for South America totaling C5.L billion (RT30 billion) from 2025 to 2030 to support the launch of more than 40 new products during the period as well as the development of new Bio- Hybrid technologies, innovative decarbonization technologies across the automotive supply chain, and strategic new business opportunities.Signed two fleet agreements:SIXT could buy up to 250,000 vehicles for its rental fleet in itscorporate countries across Europe and North America over the next three years.Ayvens will encourage affiliates to buy up to 500,000 vehicles for its long-termleasing fleet across Europe over the next three years.At the Shareholders’ Annual General Meeting on April 1L, 2024, C4.7 billion annual dividend approved (C1.55 per share), to be paid on May 3, 2024.On-going execution of C3.0 billion share buyback program.On track to deliver total capital returns in 2024 over C7.7 billion, representing an 11% yield as a percentage of Stellantis market capitalization on January 1, 2024.

GUIDANCE AND OUTLOOK: The Company is reiterating a minimum commitment of double-digit Adjusted operating income (AOI) margin in 2024, as well as positive Industrial free cash flow, despite macroeconomic uncertainties.

On April 30, 2024 at 2:00 p.m. CEST / 8:00 a.m. EDT, a live webcast and conference call will be held to present Stellantis’ First Quarter 2024 Shipments and Revenues. The webcast and recorded replay will be accessible under the Investors section of the Stellantis corporate website at www.Stellantis.com. The presentation material is expected to be posted under the Investors section of the Stellantis corporate website at approximately 8:00 a.m. CEST / 2:00 a.m. EDT on April 30, 2024.

UPCOMING EVENTS: Investor Day – June 13, 2024; First Half 2024 Results – July 25, 2024; Third Quarter Shipments & Revenues – October 31, 2024

SEGMENT PERFORMANCE

NORTH AMERICA

Q1 2024Q1 2023Change    •  Shipments down 20%, due largely to portfolio transitions, including refreshed Ram 1500 and new Dodge Charger, partly offset by growth in Jeep Wagoneer, which more thandoubled(102)       •  Net revenues down 15%, due to lower volumes and negative FX translation effects; partly offset by positive nameplate mix and net pricing from carryover actions and reduced(3,481)          incentive spend
Shipments (000s)40750U
Net revenues (C million)1U,2U122,772
ENLARGED EUROPE
Q1 2024Q1 2023Change    •  Shipments down L%, due to inventory reduction efforts with lower volumes mainly of Peugeot 3008, for which new model will ramp in Q2 2024, Fiat 500 and Opel Mokka, partlyoffset by growth in Jeep Avenger, Fiat Ducato & Panda and Citroën C3(42)        • Net revenues down 13%, due to decreased volumes, higher buyback commitments due to improving rental car business, lower LEV mix and negative net pricing(2,055)

MIDDLE EAST & AFRICA

Q1 2024Q1 2023Change    • Consolidated shipments up 42%, led by ramp up in Algerian market, mostly from Fiat; Citroën shipments also grew substantially, led by C4 X+23        •  Net revenues up 24%, strong underlying and pricing trends partially offset by negative FX translation effects, mainly from Turkish lira, and lower mix+35+521
Combined shipments(000s)(1)154131
Consolidated shipments(000s)(1)11883
Net revenues (C million)2,L872,1LL
SOUTH AMERICA
Q1 2024Q1 2023Change    •  Shipments down 7%, mostly from lower Fiat and Peugeot volumes, despite strong growth of Ram volumes(14)        •  Net revenues down 2%, pricing increases and growth in parts & services revenues due to acquisitions, more than offset by devaluation in FX translation effects from the Argentinepeso and lower volumes(57)
Shipments (000s)1771U1
Net revenues (C million)3,4LL3,523

CHINA AND INDIA & ASIA PACIFIC

Q1 2024Q1 2023Change    • Consolidated shipments down 4L%, mainly driven by Peugeot, Jeep, Citroën and RAM due to challenging market and economic conditions and increasing competition(27)        •  Net revenues down 4L%, driven by decreased shipments due to challenging market and economic conditions and negative FX translation effects(13)(45L)
Combined shipments(000s)(1)1542
Consolidated shipments(000s)(1)1528
Net revenues (C million)525U81
MASERATI
Q1 2024Q1 2023Change    •  Shipments down L1%, mostly due to Grecale and Levante volumes in North America, as well as the impact of inventory reduction initiatives(5.1)       •  Net revenues down 55%, mix improvements more than offset by lower volumes and(378)            negative FX translation effects
Shipments (000s)3.38.4
Net revenues (C million)313LU1

Reconciliations

Net revenues from external customers to Net revenues

2024                 (C million)NOPTH 6MEPIC6ENL6PGED EUPOPEMIDDLE E6ST & 6łPIC6SOUTH 6MEPIC6CHIN6 6ND INDI6 & 6SI6 P6CIłICM6SEP6TIOTHEP(*)STELL6NTIS
Net revenues from external customers1U,2U013,U852,L873,47L5243121,423?1,GU7
Net revenues from transactions with other segments1LL—(10)11(5U)—
Nsť rsvsnuss1U,2U11?,0512,G373,?GG5253131,3G??1,GU7

(*) Other activities, unallocated items and eliminations

2023                (C million)NOPTH 6MEPIC6ENL6PGED EUPOPEMIDDLE E6ST & 6łPIC6SOUTH 6MEPIC6CHIN6 6ND INDI6 & 6SI6 P6CIłICM6SEP6TIOTHEP(*)STELL6NTIS
Net revenues from external customers22,7721L,0872,1LL3,547U7ULU2UU2?7,235
Net revenues from transactions with other segments—1U—(24)2(1)4—
Nsť rsvsnuss22,7721G,10G2,1GG3,523U31GU1UUG?7,235

(*) Other activities, unallocated items and eliminations

Distributed by APO Group on behalf of Stellantis.

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Good Nature Agro named one of Africa’s Fastest Growing Companies of 2024

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May 17, 2024

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Good Nature Agro

Good Nature Agro has for the last 3 years been focusing on aggregating legume seed and commodity needs in the wider Southern and Central African region

CHIPATA, Zambia, May 17, 2024/APO Group/ — 

Good Nature Agro (https://GoodNatureAgro.com/), the Zambian company helping smallholder farmers reach the middle class, has been recognized by the Financial Times in the annual ranking of Africa’s Fastest Growing Companies of 2024, focused on identifying top performers in Africa’s private sector. This ranking places Good Nature Agro as number 44 on the list and the only Zambian company in the top 50.

The company has accomplished this feat through measured and consistent growth in their legume seed and commodity business lines, while increasing incomes for the more than 20,000 smallholder farmers with which they work.

We are exporting high-value beans, soya beans and groundnuts to food processors in South Africa, Namibia, Zimbabwe and Botswana

2024 also marks the 10th  anniversary of Good Nature Agro. Starting in 2014 with just 40 smallholder farmers in Kasenengwa District, Zambia, the company’s founders have remained committed to the company’s mission since day one. Today, Good Nature Agro farmers are present in all provinces of Zambia and the company has expanded its offerings to Malawi. The company has two active processing plants in Lusaka and Chipata, Zambia, an active seed breeding program and lab space, a proprietary digital platform for farmer and customer engagement, and more than 175 full-time employees. Good Nature Agro is also building a state-of-the-art export and processing facility in the Lusaka South Multi-Facility Zone(MFEZ).

Good Nature Agro Co-fonder and CEO, Carl Jensen, is thrilled with the news of the ranking, “We are proud to be included on the list, and we intend to use this opportunity to highlight our work with smallholders and the strength and potential of the Zambian agricultural economy. Credit for the strides we have made over the last 10 years goes to the hard work of our farmers, team, investors, and partners. Collectively, we are primed for a leap forward, and we will work tirelessly to move more smallholder farmers into the middle-class and emergent farmers towards generational wealth.”

On top of training, financing and production with Zambian farmers, Good Nature Agro has for the last 3 years been focusing on aggregating legume seed and commodity needs in the wider Southern and Central African region. “Being a Zambian-born and based company has strategically placed us to fulfill grain needs from beyond Zambian borders. We are exporting high-value beans, soya beans and groundnuts to food processors in South Africa, Namibia, Zimbabwe and Botswana, and we continue to prospect both production and supply in the Eastern African region. We are looking to onboard more customers and anyone looking for a reliable supply of legume seeds and commodities in and beyond the region. The Financial Times listing affirms our constant commitment to growth and service to our farmers and customers” said Sunday Silungwe, Founder and Director of Communications.

Representing Zambia alongside Good Nature Agro on the list are  Zamseed (#91) and Zambeef Products (#113). The list of Africa’s fastest-growing companies, compiled by Financial Times in collaboration with Statista, a research and database company, highlights advanced, modern, and thriving businesses in Africa fueling the global economy in the 21st century. The list showcases the growth of private companies across different sectors and offers a brief overview of the recent corporate landscape where technology, Fintech, and other businesses have had to adapt to a challenging environment. Good Nature Agro salutes all other companies represented as peers and examples of resilience and job creation.

Distributed by APO Group on behalf of Good Nature Agro.

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Entire Canon Colorado Roll-to-Roll Printer Range Now Supported by SAi Flexi RIP Software

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May 17, 2024

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Canon

Capable of driving up to five printers simultaneously and any number of cutters, SAi Flexi offers a complete all-in-one solution for designing, printing, cutting and print & cut

DUBAI, United Arab Emirates, May 17, 2024/APO Group/ — 

Canon’s (https://en.Canon-CNA.com) entire UVgel roll-to-roll printer range, comprising the Colorado 1600 series and the new Colorado M-series, is now compatible with SAi Flexi, the all-in-one design, print and cut software for sign and print providers. Flexi Complete, the latest version of the RIP software, supports all Colorado models for seamless integration into a sophisticated production workflow.

SA International (SAi), a leader in design-to-production software, has released Flexi Complete, which includes drivers for the whole Colorado range (1630, 1640, 1650, M3 [W] and M5 [W]) and supports both white and multilayer printing. The new software drivers also support Canon’s FLXfinish+ technology, which enables customers to print matte, gloss or mixed matte and gloss on the same print, without the need for additional varnish.

SAi Flexi

Capable of driving up to five printers simultaneously and any number of cutters, SAi Flexi offers a complete all-in-one solution for designing, printing, cutting and print & cut. With the addition of the cross-platform ‘Flexi Designer’, it delivers a versatile experience, giving users a seamless workflow from design to production. An easy-to-use white printing workflow, that allows for the creation and customisation of white layers, comes as standard in all versions of SAi Flexi. The software incorporates a robust 64-bit RIP architecture that ensures optimal performance and precision in advanced colour management, spot colour mapping, Pantone matching, true-shape nesting, and banner finishing.

Scalable and modular Colorado M-series

The Colorado M-series is a modular 1.6m roll-to-roll printer with two speed configurations that is also available with Canon UVgel white ink, boosting the printer’s exceptional productivity and substantially expanding the range of applications customers can create.

PSPs already utilising SAi Flexi software can now capture the benefits of UVgel by adding Canon Colorado printers to their production floor without changing their workflow

The unique formulation of Canon’s UVgel ink facilitates the fast build-up of dense and opaque white images in fewer passes than conventional printing technologies, while printed output retains its original whiteness over time. The particular properties of UVgel also eliminate many of the production, nozzle-cleaning and maintenance challenges commonly associated with white ink, while delivering smooth, error-free printing, reducing ink usage and waste, and increasing productivity.

Mathew Faulkner, Director, Marketing & Innovation, Wide Format Printing Group, Canon EMEA: “Canon believes in open systems, which enable partners and customers to integrate Canon printers in their workflow by offering an Application Programming Interface (API) and a Software Development Kit (SDK). It allowed SAi to create a driver for the Colorado printers supporting the full functionality within the shortest timeframe. And means that our sales partners offering SAi as their preferred RIP software can now provide their customers with an integrated solution – SAi Flexi driving our Canon Colorado printers. In addition, PSPs already utilising SAi Flexi software can now capture the benefits of UVgel by adding Canon Colorado printers to their production floor without changing their workflow.”

Radisa Peric, Flexi Product Manager at SA International, comments:

“We are proud to offer our wide customer base the full support of the Colorado UVgel roll-to-roll printer range. SAi Flexi software is omnipresent in sign and print shops worldwide so the ability for our customers to use their preferred software with their Colorado printers is a win-win partnership.”

The Colorado M-series will be showcased at drupa 2024 on Canon’s stand in Hall 8A, B41-1 – B41-8. More information can be found on Canon’s Large Format printing solutions on the website https://apo-opa.co/4bitykQ.

Distributed by APO Group on behalf of Canon Central and North Africa (CCNA).

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GITEX AFRICA 2024 powers cross continental quest for an Artificial Intelligence (AI) future as region prepares for new digital era

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70 percent surge in year-on-year growth at Africa’s largest tech and start-up show in Morocco supercharges the epic African race to define its own digital dynasty

MARRAKECH, Morocco, May 16, 2024/APO Group/ — 

Africa’s meteoric rise as an emergent international force in digital transformation coupled with the epic AI opportunity sweeping the globe is set to propel a new era of public-private sector investment collaboration when the continent’s largest tech and start-up event opens in Morocco this month.

The 2nd edition of GITEX AFRICA, from 29-31 May 2024 in the vibrant city of Marrakech, shall converge global leaders and experts, governments, businesses, big tech, start-ups, investors, and academia from 130 countries to catalyse partnerships and advance the future ambitions of a continent determined to elevate its entrepreneurial innovation economy.

Under the High Patronage of His Majesty King Mohammed VI of the Kingdom of Morocco, May God Assist Him, GITEX AFRICA is held under the authority of the Moroccan Ministry of Digital Transition and Administration Reform in partnership with the Digital Development Agency (ADD).

Africa’s blockbuster tech showpiece event is organised by KAOUN International, the overseas affiliate of Dubai World Trade Centre (DWTC), which organises GITEX GLOBAL in the UAE, the world’s largest and most trusted tech and start-up event.

With the final preparations underway for a purpose-built mega venue in the heart of Marrakech, GITEX AFRICA 2024 will span 21 halls featuring 1,400 international exhibiting companies – a 70 percent year-on-year increase over the event’s record-breaking debut 2023. 

This is the year of the AI phenomenon and its tantalising all-purpose capabilities to transform diverse sectors, from cybersecurity, cloud and IoT, to finance, telecoms, agriculture, and education, amplifying hopes of greater prosperity in the world’s second most populous continent.  AI’s impact on health tech has also spurred the launch of World Future Health Africa, accelerating the continent’s ascending digital health revolution.

More than 700 of the most outstanding global start-ups from 45 countries, including 200 Moroccan start-ups, will also feature at GITEX AFRICA’s North Star Africa start-up showcase, turbo-charging a great investment revival in a resilient and vibrant start-up ecosystem that is estimated to raise US$10 billion in VC funds by 2025.

These award-winning game-changers will connect with 350 investors from 35 countries with US$200 billion worth of assets under management. Now the vital barometer of tech’s massive cross-continental advances, GITEX AFRICA 2024 shall unify the global tech community’s commitment to accelerate a responsible future in the world’s burgeoning Silicon Valley. 

Addressing media at the show’s official preview press conference this Wednesday, May 15, was H.E Dr Ghita Mezzour, Minister of the Moroccan Ministry of Digital Transition and Administration Reform; Sidi Mohammed Drissi Melyani, the General Director of ADD; and Trixie LohMirmand, CEO of organiser KAOUN International.

In attendance were GITEX AFRICA’s official institutional partners: the ANRT (Moroccan National Telecommunications Regulatory Agency), ONDA (National Airports Office), OCP, Royal Air Maroc, ONCF (Moroccan National Railway Office), and the General Confederation of Moroccan Enterprises (CGEM).

The second edition of GITEX AFRICA Morocco falls within the framework of the unwavering efforts made by our country in the field of digital transition

Ms. Ghita Mezzour, Moroccan Minister of Digital Transition and Administration Reform, said: “The second edition of GITEX AFRICA Morocco falls within the framework of the unwavering efforts made by our country in the field of digital transition, in alignment with the Royal Directives of His Majesty King Mohammed VI, May God Assist Him, who stressed on the importance to optimally leverage the enormous development opportunities digital transition provides for African countries.” Adding: “This edition will further consolidate Morocco’s position as a regional digital hub, thus creating an environment conducive to attracting more investments and stimulating job creation. “

Mr. Sidi Mohammed Drissi Melyani, said: “This 2nd edition of GITEX AFRICA Morocco is even more ambitious and inclusive, as it responds first and foremost to the enthusiasm it has aroused around the world, and in more ways than one has affirmed Morocco’s positioning as a key hub in the world of technological innovation and the attractiveness of foreign investment in the promising digital sector. This year, just as many themes and sector niches will be highlighted, such as AI, reflecting the growing interest in the new global professions of technological innovation”.

Igniting talent development, catalysing a Pan-African tech rush

AI’s existential prospects and ability to leap-frog traditional barriers of economic development in Africa will dominate discussions at GITEX AFRICA 2024, catalysing a trans-continental tech rush across diverse industries, from cloud and IOT, cybersecurity, digital health, and future finance, to consumer tech, digital cities, and telecoms.

Tech leaders estimate the AI boom will add US$1.2 trillion to Africa’s economy by 2030, boosting the continent’s GDP by 5.6 percent, and accelerating the need for urgent digital discourses to deploy the shape shifting tech that is both sustainable and ethical.

Trixie LohMirmand, CEO of KAOUN International, said: “The recent developments in AI have created new opportunities and impetus for Africa in its digital transformation mission.

“Hosted in a continent adept at leapfrogging in critical industries, GITEX AFRICA Morocco presents governments, business leaders and talents with unparalleled access to new information and expert knowledge, and big opportunities in digital convergence. This shall empower them to co-create new strategies and solutions for the betterment of society.”

Government ministers, digital visionaries tackle Africa’s pressing tech challenges   

Africa’s most progressive leadership conference programme will meanwhile gather 450-plus speakers from 70 countries, to debate, scrutinise, and tackle the greatest tech challenges and opportunities in the world’s second largest continent with bold ambitions to co-create and define its own Pan-African digital roadmap.

The GITEX AFRICA Digital Summit returns, leading ten conference stages comprising 280-plus hours of mind-stretching content advancing Africa’s digital movement. Impactful agendas will explore government policy and regulation, connectivity, digital cities and future finance, cybersecurity and health tech’s transformative opportunity, along with fast-tracking the world’s most exciting start-up ecosystem and challenging the realities of AI mania.

GITEX AFRICA 2024 is open from 10:00am to 6:00pm. Admission is for pre-registered trade professionals only with a special invitation for students aged 16 years and older on day three. More information is available at www.GITEXAFRICA.com.

Distributed by APO Group on behalf of GITEX Africa.

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