Digital technology will have a critical part to play in boosting Djibouti’s socio-economic development and meeting the ambitious goals set out in its national strategy, Vision Djibouti 2035. As a key step toward building a strong, inclusive digital economy, the Government of Djibouti and the World Bank are co-hosting a high-level event that will explore the potential benefits of digital development and propose a concrete roadmap of action.
“Disruptive technologies are creating new business models, opening up new markets, and giving consumers access to more products and services than ever before. It is hard to overstate the economic potential of these transformations,” said Ilyas Moussa Dawaleh, Djibouti’s Ministry of Economy and Finance. “In a country like ours, developing a high-performing digital ecosystem will provide a unique chance to stimulate the economy and create jobs. The Digital Economy conference starting today will bring us one step closer to this vision.”
“The digital sector will be key to improving the lives of Djiboutian people, expanding our economy, and strengthening our position as a logistics and commercial hub. With eight submarine cable landing on our shores, there is no doubt Djibouti has what it takes to become a digital leader in the region,” noted Abdi Youssouf Sougueh, Minister of Communications. “We are keen to bring in development partners like the World Bank to leverage this infrastructure to the fullest and reinforce all the other fundamentals that are necessary to nurture a vibrant digital economy.”
The conference will bring together a wide range of government representatives, technology pioneers, and development partners. Building on this uniquely diverse combination of knowledge and global perspectives, participants will assess Djibouti’s digital landscape, share international best practices, discuss how technology can help modernize all sectors of the economy, and outline a clear strategy and action plan for digital development in the country.
“Countries around the world are leveraging digital innovation to accelerate economic growth and build a better future for people, and Djibouti is very well positioned to gain from that approach,” said Boutheina Guermazi, World Bank Director for Digital Development. “I am confident this event will pave the way for close collaboration on digital development between the Word Bank, Djibouti, and countries across the Middle East and Africa.”
In addition to discussing Djibouti’s opportunities and challenges, the event will also highlight the need for bolder action on digital development engagement across the region.
Sessions will cover all key dimensions of digital development, with a focus on how to strengthen the five pillars of the digital economy: digital infrastructure; innovation and entrepreneurship; digital financial services and identification; digital platforms; and digital literacy and skills.
“Technological innovation holds great promise for Djibouti. By harnessing the full power of the digital economy, the country could see significant GDP growth, create a future-proof labor market, and raise living standards for all segments of the population. We stand ready to work hand in hand with Djibouti on this journey, to help create the right conditions for a thriving digital sector,” said Atou Seck, World Bank Resident Representative in Djibouti.
Report: Deloitte named a global leader in Internet of Things
Deloitte has been named a global leader in Internet of Things (IoT) services in Forrester’s recent report The Forrester Wave™: Global IoT Services For Connected Business Operations, Q4 2018. Deloitte received the highest scores in the Current Offering and Strategy categories.
According to Forrester, businesses are turning to IoT solutions and linking IoT to their broader digital transformation efforts with a focus on business operations and IoT-enabled connected products.
The report’s vendor profile on Deloitte states, “Deloitte offers a breadth of IoT assessment, implementation, and operations services. Its global IoT practice includes engineers, data scientists, cybersecurity analysts, and consultants dedicated to helping clients address their IoT service requirements.”
Forrester identified the 14 most significant providers of global IoT services for connected business operations and researched, analyzed, and scored them based on a 27-criterion evaluation. This report shows how each provider measures up and helps infrastructure and operations professionals make the right choice.
The report also notes, “leading services firms are moving aggressively to fulfill IoT’s potential. In doing so, they’re helping expand IoT’s potential contribution to business value.”
“Clients recognize the opportunity to use IoT to enable digital supply networks and fundamentally change how businesses operate. Deloitte is pleased to work alongside them to imagine, deliver, and run their future and help create insights-driven organizations,” said Andy Daecher, principal, Deloitte Consulting LLP and Deloitte Digital IoT practice leader. “Deloitte is honored to be named a leader by Forrester in global IoT services. We believe it’s a testament to the breadth of services we can offer clients as they bridge the gap between the physical and digital worlds.”
Additional findings in the Forrester report about Deloitte:
- “Its insights-driven organization method focuses on IoT-enabled equipment maintenance, asset visibility, fleet optimization, and process automation issues.”
- “Deloitte offers predesigned IoT solutions for predictive maintenance, asset tracking, and asset performance management as well as a dedicated IoT DevOps practice that supports solutions to monitor network connectivity between connected edge devices and machinery programmable logic controllers (PLCs).”
- “[Deloitte] sees great opportunity for growth in its Smart Factory solutions, which combine multiple use cases, including security, fleet management, asset management, predictive maintenance, inventory and warehouse management, supply chain, and track-and-trace capabilities.”
EU steps up WTO action against China’s forced technology transfers
The European Union challenged today in the World Trade Organisation (WTO) the systemic practices that force European companies to give up sensitive technology and know-how as a precondition for doing business in China. This legal action builds up on a case launched by the EU in June 2018.
With this move, the EU significantly broadens and deepens the scope of its WTO action against Chinese measures on forced technology transfers. This step is taken in the light of additional findings concerning the incompatibility of the Chinese measures on the approval of investments and the protection of foreign companies’ intellectual property rights with the agreed multilateral rules.
Commissioner for Trade Cecilia Malmström said: “We cannot tolerate that EU companies have to give away valuable technology as a price to pay for investing in China. This clearly goes against the rules that China committed itself to when it joined the WTO. Today, we launch a broader and more systemic legal challenge against this illegal practice, as we believe that it is a major issue affecting European companies doing business in China. This is a matter that can and should be solved within the international, multilateral framework.”
In its revised request to the WTO, the EU is challenging Chinese laws that regulate:
– the approval of investments in the areas of electric vehicles (New Energy Vehicles) and biotechnology (crop seeds), part of the strategic sectors of Made in China 2025 plan,
– the approval of joint ventures across sectors,
as they impose performance requirements on foreign companies operating in China, and restrict the economic and contractual freedom of foreign companies on investments and technology transfers.
The so-called performance requirements force or induce European companies to transfer technology to their joint ventures with Chinese partners in exchange for the necessary administrative approvals by the Chinese authorities. Foreign companies are also required to carry out research and development activities in China.
At the time of joining the WTO China committed not to impose performance requirements in exchange for investment approvals, and to preserve the contractual freedom of companies in China, in particular in the context of investments and technology transfers. The EU maintains therefore that the Chinese current policy measures are in violation of the China’s legal commitments.
The measures challenged today come on top of what the EU had covered in its initial legal action triggered in June 2018. The previous request targeted provisions of the Technology Import and Export Regulation (“TIER”) and the Regulation for the Implementation of the Law on Chinese-Foreign Equity Joint Ventures (“JV Regulation”), as they go against the WTO rules of equal treatment for national and foreign companies and unduly restrict the rights of EU companies, among others in relation to patents.
The request for consultations formally initiates the WTO dispute settlement proceedings. If consultations do not reach a satisfactory solution within 60 days, the EU may request the WTO to set up a panel to rule on the compatibility of China’s measures with WTO rules.
Climate technology collaboration makes an impact
In its Five Year Progress Report, the Climate Technology Centre and Network (CTCN) has announced that 137 technology solutions have been delivered or are under way in 79 countries. Two thousand five hundred people have been trained and over 10 million tonnes of CO₂eq are expected to be reduced per year with the completion of mitigation-related projects.
The CTCN promotes the accelerated development and transfer of climate technologies for energy-efficient, low-carbon and climate-resilient development. It is the implementation arm of the UN Framework Convention on Climate Change (UNFCCC) Technology Mechanism and is hosted and managed by UN Environment and the United Nations Industrial Development Organization (UNIDO).
With an original investment of US$40m, the CTCN’s technical assistance has leveraged US$670m in anticipated funding for developing countries’ technology implementation.
“Accelerating the deployment of clean and green technologies is crucial for realizing the aims of the Paris Agreement and the Sustainable Development Goals. Over the past five years, the CTCN has served as a powerful example of a UNFCCC mechanism connecting developing countries to the innovative and relevant technologies they seek,” said Patricia Espinosa, Executive Secretary of the UNFCCC.
“Over the last five years, the CTCN has provided targeted interventions to help countries meet their national climate change commitments – through its technology assistance, capacity building programmes and knowledge sharing initiatives. UNIDO is proud to support the Centre in its climate technology transfer mission,” said LI Yong, Director General of UNIDO.
The country-driven nature of the CTCN, with 160 National Designated Entities identifying climate technology needs based on goals set forth in Nationally Determined Contributions and National Adaptation Plans, is closely aligned with the Paris Agreement.
“Our interventions identify the best possible technology options for climate action, and support policy development and resource mobilization to enhance their uptake. Experience from the last five years has taught us that pairing technology expertise with local knowledge is essential, scalability is important and that relationships matter,” emphasized Jukka Uosukainen, Director of the CTCN.
The Climate Technology Centre and Network (CTCN) utilizes the expertise of a global network of over 460 civil society, finance, private sector, and research institutions, to deliver technical assistance and capacity building at the request of developing countries.
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