AGIS 2025 - Day 2

4:01 Okay. [Music]

5:07 Shut up. [Music]

5:54 Shake, shake, shake, shake. You want two? Shake. Shake, shake. Shake, shake, shake.

10:27 Hello. Hello. Can you hear me? Can you Can you open Good morning. We can hear you. [Music]

24:12 Check. Check. Check. One, two.

31:24 [Music] It doesn't look cool. [Music]

33:36 Check. Check. [Music]

43:04 Inspiring a sustainable future. [Music]

44:55 inspire. Hiring a sustainable future. [Music]

46:37 Inspiring a sustainable future. [Music]

48:19 Inspiring a sustainable future. [Music]

50:01 Inspiring a sustainable future. [Music]

51:43 Inspiring a sustainable future. [Music]

52:56 Hey, [Music] Inspiring a sustainable future. [Music]

54:31 Kevin, look in the audience. See the hands that are up. So, you were trying to play a trick on me. You were the first person to enter here. It's It's not 9 yet, but you're the first person to enter here this morning. Stand up. How can all of you have come at the same time? GG. Good morning, Kevin. Kevin, you're supposed to be a V, video assistant referee, but you're a fake V. There's a VR eh. No, the VR one I want be human being VR because I not trust on again. Show me

55:18 VR for screen. These cameras were on since like 8:00 a.m. I'm coming to that screen. Show me VR. What time did you enter? Huh? No, no, no, no. I don't want sins. I need um Please um technically kill that audio. Kill that kill that audio. Kill that audio. Thank you. I don't want since. Since is too generic. It can be any time. When did you enter this auditorium? Not PTDF. When did you enter this auditorium? No. No. What time did you enter this auditorium? I I will pass you now and not go come back. 7:20. What time did you enter the auditorium? 8:05. I sit down. Okay, you're standing. Sorry, I didn't see you. Forgive me. What time did you enter? 7:20. Uhhuh.

56:06 Are you people doing commit your standing or you are part of those standing? Which one are you? Decide. Who are you? Are you APC or PDP? Okay. You are not in contest. What time did you enter? 6 6:49 6:49. You entered this auditorium or you enter this premises? When did you enter this auditorium? That's When did you enter this auditorium? 6. This auditorium 6:49. Auntie, sit down. Uncle, sit down. 649. Now, was I here? When did you enter? 647.

56:53 4749. 4749. The guy. This Are you a lawyer? Jesus. The guy get evidence. Baba, you a lawyer.

57:54 So uhhuh I stopped here. He said 647. You said 649. By the process of elimination. Who is eliminated? Hh. We have validation. I will go and see VR. Don't worry, I'm coming. Hey, I have VR. I have here. Wait, I'm coming back to you. When did you enter this hall? Okay, I'm dealing with six now. You are still talking seven. See, I don't if you if you if you if you if you're standing by that gates at 2:00 a.m., I'm not interested. If you're in this hallway at 4:00 a.m., I'm not interested. If you're in front of this door at 6:30, I'm not interested. When did you enter here? See, they have V.

58:41 I'll go and check. I'll go and do V now. When did you enter? Sit down for now first. When did you enter? He was here before you. Let me tell you what's funny. If I don't get an outright win, I'll keep my money off and on. Somebody call off and on for me. I will keep my money if I don't get an outright winner. You can't come in together. Are you twins? Was your camera rolling this this morning? No, the person you're saying the first person is not because there's 649 and 647. The guy has admitted he came at 7:02. I I'm not interested who enter the hall. The deal was who comes into this room

59:26 first. That was the deal. My deal is who entered this room first, not who came to the PTDF building first. Did you enter this room? You entered and you were told to go out. Who can substantiate the fact that Who can substantiate the fact that when you enter they were sweeping? I should go and look for them. Okay. One chance. Don't worry. Can can Don't worry I'll see my V. Can you find me a cleaner who walked in this room this morning and find out from them kindly what time did they clean this room? Please find out from them. That's

1:00:12 my son in whom I'm well pleased. So whatever he tells me, I will decide whether is him, you or you. If they clean, you will not even stand up. You ain't even stand up. What bank do you use? You are not really in the running for this money to be very fair because you say 702 but they say they saw you come. Yes. Kevin, before the guy came to you, did you see any other person coming to this room?

1:00:59 What time did you arrive here, Kevin? 6:45 649. Did you clean? Did you clean by 6:45 or were you were you was Were were clean as working here at 6:30, 6:40, 6:50? No. AM. This morning. This morning. Thank you. Thank you. Thank you. Okay. If they get so sit down first. Sit down first. Sit down. Hey, Jo.

1:01:44 Hh. No. No. No, no, no, no. Hold on. When I said first to come, I did not say I identify with technical. I I'm a very I'm a very I'm a very honest person. I did not say identify with technical, right? If you had if your camera was rolling, that would have made my life easy. Your camera was not rolling. You came at 6:49, he came at 6:47. You couldn't have come at the same time. Even amongst twins, somebody's older. Two of you decide who came first. You have 5 seconds or the money is gone. 1 2 3 4 You decided who came first.

1:02:31 You are from 647. You now sat down. Are you in the same school? I'm suspecting two of you. Yes. Okay. So, you came into this room before him. You came into this room before him. Okay. Okay. Um off and on. If you can hear me, don't worry. We have we have settled the Iran and Israel have reconciled. Iran and Israel are friends now. You said standard chhatted. What did you say? You get money. You don't need this 150. Do you know what it means to bank with standard chart? Jesus, this guy is large. You are large. You're a large boy. Standard charted bank. Standard chartered bank. Okay.

1:03:25 Actually, I was actually trying to go to standard charted bank app and send the money to you. Why you changing again? Because I said, but you're a big boy to bank with standard chart banka. All right. First bank. No, don't worry. Don't worry. Give me the first bank. I hope I hope the first bank works though. May I call your account number? First bank. You want to get close to me or you want you want to scream it. All right. All right. Abuakar. Abu Bakr.

1:04:13 Okay. Students or young professional? Are you a student or young professional? You're currently serving. Are the two of you in the same platoon? Oh, that's why he sat down as a big boy that he is. Confirm you have received it. I even get P away. your phone. Where do you hold your phone for you? So Kevin, before you do VR next time, be very sure you saw all the players on the pitch. Don't be seeing some players and not seeing some players. What's your stress? Anyways, welcome to day two.

1:05:00 Thank you for joining us. Eh, I'm not 419 and you know it. From now to the end of the year. As part of my commitment to reward punctuality, every event you see me, I'll give out cash and gifts to the first person that

1:05:46 enters my event from now till the end of the year. So my next event is on Monday at the Abuja continent. Uh yeah, Abuja continental. I don't know if you are [Laughter] I don't know if you have access to be there. If you do, the first person that enters that room on Monday, maybe that might be half a million. Who knows? But anyways, let's make progress to day two. Technica is not part of this business and you know it. But we should reward punctuality. Enough of the celebration and toler um tolerating of this nonexistent African

1:06:35 time is a shame. Onwards onwards to day two and the hackathon was going to begin now. I mean I have no work I'm doing there is just to invite in Dr. Ina to invite Dr. Nadia Alban to come and take over and drive the conversation for the next couple of minutes. Please give her one applause as she takes center stage. Thank you very much. Very happy to be here. So, uh as we said yesterday, we had startups applying from uh from different walks of life. Uh those are

1:07:22 early stage startups. Um you know be patience with them. Uh don't ask them difficult questions. Um but they really come very motivated, very passionate uh from Nigeria, from Cameroon. Um and they are with us. I think you have five of the selected uh uh startups with us. Um and then we have a special presentation by the uh young uh the young generation of SPE. Um we're going to hear an idea of that's quite new. Um and um well old and new actually. So let's see what he says. Um and we will have a couple of people on Zoom. I hope that they're going to be able to join uh from Cameroon on Zoom. So hopefully it will

1:08:08 all work uh well. Um I will ask everyone, let me just make sure that I have the right link. I will ask everyone in the room to go to um a website so that they can uh put in their comments. Okay. So it's https double dot slash tiny ti ny url.com back slash agis dash like a pitch dash evaluation. I'll try to see if I can get the IT folks to show us this.

1:08:53 It if I send you this link, will you be able to show it here? Yeah, just take this. It's the second link. Yeah. So, if you can just show it. So what I'm asking is that everyone in the room even if this is um if you just graduated if you're an undergrad if you are expert who has been working in the field for many years give your honest feedback give your constructive feedback tell them what they need to work on because they are going on a journey of uh three to five to seven very successful years of uh of uh of startup journey and uh they need your advice. Now judges, I'm going to ask our MC to judge. I'm going to ask Mr. Thank God to

1:09:39 judge and I'm going to need a volunteer as well from uh from Cipher Crescent. I will get them. Hopefully my colleague here can help me with that to formally uh judge the uh startups because we're going to go through a round of elimination and uh and really going through a second round of presentations where the winners are going to actually get selected from. So, are we ready? Are we ready? You guys need to be ready because they have been ready since yesterday. Okay, these guys have been ready since yesterday. So, we're going to uh start the presentations with our first uh it are we good to start the slides for conx? So, this is the website. Hopefully, you can see it. Make sure that you can access it first for

1:10:25 uh if you prefer uh pen and paper, we have that too. Whatever is easier for you. Let me just give people a minute. So the presentations are going to be quick. They're going to be three to four minutes max. By 3 minutes, I'll put my hand up. My four minutes, I will close their their PowerPoint. Uh and we we will move on. So make sure that you have that. Leave the link please for a couple of minutes more.

1:11:18 Okay, even the presenters can give feedback to their friends. That's also possible. To other presenters, that's fine. Has anyone accessed that website yet? Yeah, show of hand. Okay, so it works. It's live. Okay, good. Thank you, Agama, for setting that up. Um, okay, so we start. Yeah. Okay, it can you help us put up the first file for ConX? So uh ConX has been uh very proudly uh she will tell you he was trained by FI Abuja but we only met physically here in AGIS. That's the power of AGIS. Thank you very much. Welcome

1:13:01 Good morning friends. Um my name is Imar Mic and I'm the founder of Okay. Good morning friends. My name is Mari and I'm the founder of Konigo. Uh Koig is an AI driving platform platform that is helping Nigerians to be able to access petroleum products in real time any day anytime 24/7. Uh but you may decide to ask why do we need Konix app? Why do we need app in Nigeria? Um, some times ago I I I was running late to work and I wanted to refill my CNG car. So I

1:13:50 ran to the first police station and I discovered that that police station is closed. So I ran to the second one, discovered that they don't have CNG. So I then ran to the last one and unfortunately there were long line of cues. So this is the problem that every Nigerian face daily. Don't cues, lack of information when it comes to lack of information when it comes to um sourcing petroleum product that you don't have idea where you are you going to get petroleum product um you have to do it manually you drive you get to one fleet station they don't have you start asking people where can I buy this where can I buy that so we have this information gap and lack of transparency when it comes to buying petroleum product when it

1:14:37 comes to the accessibility of petroleum product in Nigeria And that is why we at Kunix um we are trying to solve this problem by building an petroleum app that allow Nigerians to have information um when it come to petroleum product. Um our app enable Nigerians to know where they can find petroleum product. Um it's just an app. When you open the app and on your location, you'll be able to see petroleum outlets around you, the dart from where you are to where those outlet are located, you'll be able to see their prices, the ratings of those fleet station, if they are honest or dishonest. You'll be able to even see crowd congestion. If you're running late, you be able to make an informed decision whether you you should go to

1:15:23 that fle station or if you seek other options. So um you can also visualize crowd conjunction know all the details you know about um about that station before you go sourcing your product. Now people love this solution so much that just using our WhatsApp platform we have been able to help uh more than 400 people to convert to CNG and also to find um closest place the best way that they can refill their fuel or CNG. We have also earned uh more than $5,000 um of net profits since uh in about 6 months since we started. Um the way we make money from conics is through payment procession. This app enable people to be able to pay for

1:16:09 their um oil and gas purchase using our app and we earn some money electronically and also we have this dealership percentage. For example, if you're in office or your house and then you order fuel or you order CNG and those we have on bombarded as sellers on our platform comes and supply this product to you. Um this outlet that is registered on on our platform give us some percentage of commission after they successfully um supply this product to their the clients in our platform. Um also we have this Q bypass options. Um for example, if you're running late and you want to go to a fill station or you're an emergency responder and you want to go to a particular police station, uh we have this pass option

1:16:56 that enable you to bypass Q jumps at police station just by paying some extra fees and police station that we have all gone to. They were so excited about this Q bypass option because they have been long that they are looking for ways to monetize Q as petroleum stations. Um it come to Nigerian market, Nigerian market is large and uh our total available market is about $500 million in Nigeria and then we have this serviceable market of $15 million and our current obain obtainable market here in Abuja is about $5 million when it come to petroleum product. Despite the clim for renewable energy, according to staticide, it had been shown that um there will be continuous demand for petroleum product due to um development urbanization uh

1:17:45 indefinitely and CNG is expected to continue to grow and grow this because it's part of those renewables. What about competitors? Well, we don't have issue with competitor. Our computer are this roadside black marketers and also regular police stations. But we are better than them because we are convenient, we are reliable, we are real time. Anytime you come to Konab 24/7, you'll be able to buy a patron product even in the night time. Uh we the way we want to go to market, our marketing strategy is by uploading um partnering with um uh influencers like Whiskey and all these influencers to make sure that we'll be able to introduce Kixab so that a lot of people will use it. Our team is comp comprised of many um experts in the field. I myself I'm a graduate of pandas institute accelerator program of 2024.

1:18:33 I'm also a graduate of FSI accelerator program and I have degree in business management. With me are many other people who are senior software engineers, legal practitioners um market uh professional marketers people who have spent long time decades in business. We are seeking investment of 100 to $250,000 to be able to help us to complete development of ponics. Thank you. And we're going to be using this funding for to see to update our system. We have this mapping satellite analytics that help us to track the stations and the field station. Thank you sir. You did well. You did well. It was the first first speaker is always the the

1:19:18 toughest. So that's they get a tougher job in managing things. Uh you can have that here. So by three minutes I'll I'll make a mark. By five by four minutes I'll stand here. By five minutes I'll stand here. Okay. Um okay. So next first of all we're take a minute to judge him. Um give your opinions on the URL. Um if we can have the URL up again please. I don't think if they see my face, they'll be able to judge it. So, they need the actual link. Okay. Hopefully, you guys have had an opportunity to do that. While we do that, we'll prepare for the for the next one on our uh list. Is it Carbon X?

1:20:06 Carbon EX. Just see. There's fire here, man. Okay. Are you sure? Okay. Go ahead. All

1:21:03 right. I hope I haven't started yet. The So, please you have to restart. Okay, good morning ladies and gentlemen. I am Solomon AK, co-founder CarbonX. We are building Africa's first carbon financed clean cooking platform which makes LPG affordable and accessible to women and mothers in lowincome households. What is the calamity? Every day millions of Nigerian women inhale toxic smoke while cooking.

1:21:50 More than a 100,000 die yearly due to exposure to biomass smoke. The rising cost of LPG forces families to revert to firewood, worsening health and carbon emissions. Carbon next to the rescue. We are able to solve this problem with our IoT enabled cook stoves. These cook stoves track carbon savings and we convert the carbon savings to carbon credits. The revenue generated from carbon credits it's used to subsidize the monthly refills of LPG. So in short what we have is affordable clean cooking which is

1:22:35 automated scalable and trackable money. So we sit at the intersection of an estimated $6 billion Africa carbon market and a $2.5 billion carbon opportunity for Nigeria. We project that we shall be able to capture $250 million within 3 to four years of clean cooking in Nigeria or firepower. Yeah. So we have these IoT enabled cook stoves which are comprised of foil sensors and satellite data transmission. This enables transparency even in rural areas. Um so users see savings while we

1:23:23 see verified carbon data. This is essential for global carbon credit buyers. We were not born yesterday. We have raised $17,800 in funding. We have built partnerships with Nigeria Communication Satellite Agency and Global Sustainable Futures. We have also piloted agricultural carbon tracking. However, we've made a pivot to clean cooking which is our revenue breakthrough. All right. We didn't come to play and our team has blends and expertise of IoT that's internet of things, climate finance, carbon markets, innovation and

1:24:10 project management. We are execution ready with global vision and local insight. Okay, I think we are better than the rest. We offer end to end carbon tracking, rural inclusion and instant financial returns through carbon markets. Um, so that means that we are just not selling cook stores. We are actually monetizing climate impact. All right. Money. Money. What's in it for you and us? We get $63 per household from carbon revenue and with a customer acquisition cost of

1:24:55 $5 and a lifetime value of $630. Our model is lean, profitable, and scalable. All right, we are looking for $40,000. We need this to scale and deploy 200 cook stoves for a six-month pilot. This will fund manufacturing, LPG assess, satellite setup, carbon MOV, and household on boarding. Join us as we scale, climate tech, gender empowerment, and community income. All right. So, while I've been talking, this stove has been on. Please can you can you beam this? And you'll find that on my phone we have

1:25:41 the online platform that is capturing um data in real time. Okay. Thank you. Yeah. So yes. Yes. So on the phone Yeah. On the phone is the online platform that is capturing the readings, the sensor readings in real time. Sorry. Okay. Fine. So, we have on the phone the online platform that is capturing sensor readings in real time. Um, this means that we are turning every kitchen in rural Nigeria in lowincome households into engines that drive revenue and

1:26:27 climate justice. Thank you. You can also pass the your phone by the judges and make sure that they can see it uh as it's calculating. Um give uh give yourselves 30 seconds to judge uh carbon ex and if we can close this I would oh we after this we will close. Okay. Uh yes. So you're here. That's fantastic. Um we are ready. Are we ready? Yeah. Okay. We're ready with the next one. Super. It's very good. Let's just give it.

1:27:14 There we go. Carbon wise, you're on stage. Let's go. So, this was stopwatch. Go ahead. So, this stopwatch is four minutes. I'm going to show you at three and then I'll stand on stages. They already have the slides from yesterday. That's fine. Oh, you want some new slides. Okay, then we'll while you do that, we will skip the you skip and wait until the rest of us present because we already have sent the slides. So, we'll go to the next one because Carbon Wise wants to update slides. Okay. So, we're going to go to

1:28:01 Transformers. I'm not sure if they're online. Are they online? Is anyone online? You're here. That's fantastic. Thank you so much, Tara, for being here. Okay. Can we uh get the screen to uh one, two, three, four. To the fourth person, transformers. I'll leave you to introduce yourself. Go ahead. Good day, everyone. I hope I'm audible. Um, my name is Tara. Okay, we started. Um, I'm the founder of Transformers Niger Limited. We are a startup waste conversion company currently working on an incubation stage bio gas generation project. In simple English, we convert

1:28:47 co into gas. Um, I don't So we understand the struggle of Nigerian students. Uh they are our customer segment and this is the fact that they struggle to afford and access reliable cooking energy due to their limited resources in time and money. We also are targeting households to promote the adoption of urban farming um through the use of our organic fertilizer or bio fertilizer if you will. Um okay, our solution is to offer students a

1:29:33 cost-ffective easy to access cooking fuel solution that offers more value in cooking time. And I'll give you the numbers. 0.15 kg of conventional cooking gas or LPG gives us an hour cooking time. Whereas bio gas which is the solution we are working on gives you an hour 15 minutes cooking time. That is an extra 25% extra um cooking time. Also uh organic fertilizer eliminates the need for annual soil fertilization by promoting soil health um through every single use up to 3 years. Okay. According to Statista which is an online data base

1:30:18 um we have over 2 million students in the tertiary institute in Nigeria and over 40 million urban dwellers in Nigeria. However, according to statistics still just 24 almost 24 million of that number urban dwellers um have enough space in their backyard to practice urban farming. Okay. Um our total addressable market for the bio gas is the students um which are 2 million in number and our serviceable um obtainable market is just over 400,000. As I mentioned earlier, our products are bio gas and organic fertilizer. Um we project from our plant the

1:31:06 capacity to generate just over 1.3 million kg of bio gas. um 552 tons of organic fertilizer from converting 882 tons of chicken poo annually. Okay. First I would like to mention that we had the grace of being um the first runner up from competition in 2023 where we raised 50 millionaire to run our incubation stage project which is situated in Kali Abuja. excuse me, where we have successfully experimented on the use of cow and chain poop to generate gas. We intend to on board over 50,000 students um on our platform in our first

1:31:54 year, set up point of sale stations within campuses. with we targets over 10 campuses to set up our point of sale stations and the purpose for the point of sale stations is to eliminate the need for dispensary filling stations and um create an ease of access to our customers. Another revenue stream of ours that we we would be able to tap into in the year um when we launch our product is carbon credits. And this will be attainable um during the process of production where we are intending to um attain our certification that we would use to calculate the amount of carbon we will be removing through our production process and then convert that into cash.

1:32:44 Okay, we currently have a team of four inclusive of myself, a technical team of four inclusive of myself with a combined two and a half decade experience in our various fields. However, we still have a slot for three team members or a slot to on board three team members in areas of marketing, financial management and research and development. Okay. Our competitors are NIPO and Aerono oil and gas among other gas distributors. Um NIPO focuses on the promotion of adop or the pro to promote the adoption of natural gas as a vehicular for vehicular purposes and a oil and gas already serves the existing cooking gas market. Our competitive

1:33:32 advantage over both our competitors is the first mover's advantage we have with our prefilled um bio gas/urner cylinders which um allows us make our products available at ease for our customers and then our point of sale stations that eradicate the need or limit the need for dispensary stations. Our projection for three years which is the time we MPCH a return on investment is um 185 million in our first year for biogas and 110 million naira in the first year for fertilizer. We have calculated a 25% annual revenue growth

1:34:19 rate 25% annual reduction in our after our first year in our operation cost and a standard operation cost of 19.62%. 62%. Okay. A million dollar. Thank you very much. If they need more information, they'll come back to you. It's five minutes already. Thank you very much. Uh please uh allow her uh allow yourselves a minute to uh to give her some feedback. Uh now for the rest of the presenters, they're going to be online. At least uh a couple of them are going to be online. Um, so we're going to uh we're going to go to Cameroon right now. Uh, Reuben is

1:35:04 uh is online. If I can see, can you showcase the Zoom, please? Yeah. Hey. Okay. Um, everyone hear me? Hello.

1:35:49 Okay. Is Ruben online yet? If we if we're having time to do that, then let's take uh GPMP. Lucky is actually here. So uh if we can go to slides number five I think it was. Okay. So have the stage have

1:36:44 All right. Uh, good morning everyone. My name is Loi Ajoku. Uh, I am the founder of NGP. All right. Um, the Nigeria oil and gas pipeline spans across over 5,000 kilometers in length and this it also cost across creeks and riverine areas where maintenance is highly difficult. Um, but still the Nigerian oil and gas workers still have to go through this um difficult terrain to still check and monitor these pipelines. Um, most of the technologies they use are human surveillance. They also use um scatter systems to also know the condition of the pipelines and IOC based systems. But there is a problem. Now the problem is

1:37:30 that these uh technologies only give realtime uh updates about these pipelines. For instance, if you have a leakage in a particular pipeline, the u workers have to move to that particular uh section to stop and the leakage. But what if we could make it better? So this um brought about my solution. uh I call it project GPMP. So it's basically a service that will help workers prevent pipeline leakages by detecting pipelines that need maintenance early and hence reduce wastage. So how does it work? I will not bore you with the gas uh and oil market size. So the solution is basically simple. It's a web uh website you visit, you fill in the some certain parameters about the pipeline and it

1:38:15 predicts and tell you if this um pipeline needs critical maintenance. Now you can see from the color code in here there are three basically output you can get. You can either get a normal condition that's the green color to tell you that the pipeline is okay or you get a yellow color that tells you this pipeline is moderate then or you get a red color that shows you that um the need for maintenance is very critical. Um now what happens behind the scene this is an AI model that is trained and we source our data from Kaggle. So we built it on scratch specifically for the sakaton. So um within two days we were able to come up with this um we trained the model then we uh source data from cargo like I said um

1:39:00 integrated it with a stream link to in order to give you this output. So what the data what this entire application does is it benchmarks the your entry the parameters you enter it to benchmark it with the data we train and we data set contains over 1,000 pipelines their parameters so that we know um which is in which condition. So if you enter your data in this particular uh system, it should now benchmark it and I'll tell you if the need for maintenance is very very critical. So our traction uh by fourth quarter of this year we are expecting to move to a weight based comprehensive dashboard that um um workers can check the status of their pipeline. We also intend to move to uh a mobile app by subsequently so that for

1:39:47 real time uh alerts then pro possibly in the near future we also considering an AI integration to be able to pinpoint exact location. Now team members we are all computer engineers um but we are I'm specializing in AI my others are in software and data engineer and the last person on the list is cloud and cyber security expert so that we ensure the safety of our data so our competitive advantage where we are better than the rest we're able to predict maintenance like I said um real time solutions they just tell you after the issue have occurred maybe after there's a leakage then the team will not run there but we will save you that time we will save you that because we can able to predict and tell you beforehand that su pipeline needs critical attention. Okay, we also cost effective.

1:40:32 We AIdriven. We are not using IoT sensors or any complex technology like that. And human error. Of course, this AI, there's no human error. So, our financial projections um we project 15 to 20% savings in maintenance cost. Yes. And our revenue uh streams will be basically a subscription based model. Um we'll be charging 3,300 um dollars annually. So, in our first year, we are projecting two clients. Um then by our next year u second year we producing five clients and by then we able to break even. We also took uh in in our calculations inflation of 15% for our second year. Then our third year of we took an inflation approximate of 30 30%. And by our third year we are expecting to uh our investors will have

1:41:19 a ROI of 300%. So our ask is simple. We are asking for $12,000. So a chunk of this will go for R&D because this AI is an evolving technology and um then our model our website integration cloud infrastructure and marketing. Thank you. Cloud GPMP is not yet to replace any maintenance structure you already have in place. Uh actually it should complement it and work together with it from your scatter systems. You already have data about um the pipelines and parameters like the pressure, temperature and those. So those are the data that will feed in your project. Thank you. Thank you. Thank you. Thank you. Okay. So, um do give him some feedback. Judges, please judge. And um we are going to Cameroon, right? Okay.

1:42:05 On Zoom. Reuben, are you there? Can you hear us? Yep, I can hear. Hello. Can you hear? Can you hear? Yeah, I can hear you.

1:43:29 Hello. Can I Can everyone hear me? Yes, we can hear you. Okay. Um, we're waiting. We're waiting. We're waiting. Okay. Hello everyone. Um, Reuben from the screen.

1:44:19 Good day everyone. I'm Re from Cameroon. Can everyone hear me?

1:45:30 of one. If you are, if you are

1:46:16 That's me. You No machine.

1:47:15 Okay. So, we've been having enough issues with Cameroon. So, we're going to keep Cameron to the very end. Uh we'll sort it out uh through the day. Um so, we're with Sonic Eye right now. Patience, floor is yours. Hello, good morning everyone. Okay, I am over patients and I'll be presenting the product Sonic Eye. All right, so Sonic Eye is um a real time

1:48:00 IoT system that monitors your water, gas, and um fuel level. Why do we need this? most times uh I think I'll talk more about the product um eventually but the major issue is that most persons when they have um their gas their fuel there's this sort of disruption that comes up all right and apart from that we target to be able to gather data all right so that would be used eventually but as I pro proceed with the presentation I'll tell you more about it so now the major problem the major concern here is disruption of supply. Most persons when they in their homes cooking there is disruption. You talk about commercial centers, you talk about um business centers, you talk about um hotels, you talk about um those that

1:48:47 into hospitality business, there is this disruption that comes all of a sudden when they don't even know when the gas gets exhausted. So you have this um discomfort, you have this loss of revenue, you have this mistrust from your customers. So that is a major problem. So it spans from the residential to the commercial to the industry and generally. So this sonic um eye is out there to be able to address this concerns. Now what solutions are we producing um um preferring? The first major um solution would be to use an ultrasonic sensor. Ultrasonic sensor because this is very safe which is one of our major competitive um advantage. Ultrasonic sensors for your LPG and um CNG. It gives you real time um data. It tells you at as it is the very um the

1:49:35 level of your gas, the exact level of your fuel, the exact level of your water. So that you if you need to take any critical action, you are able to take that action immediately. So that's why we also have that part where you have the preset level notification as you get this app, as you get this software, you set the level that you want it to notify you on as soon as it gets to that level. It's not it's not to say it has been exhausted but instantly then opportunity to be able to use this for payment thinking of it thinking of people that are supply gas people that are you don't have to struggling or any other device to try to go and

1:50:20 line up at any station refill they come to All right. And then with us, you a payment seamlessly. And then we also have the Wi-Fi bridge for remote access. So this um gives you just a summary of what the device does. So we have a ST that transmits your data via the Bluetooth directly to your phone. So you are able to monitor it exactly as it is right on your mobile device. And if the device is not um smart, we also have that option where you have it for some phones that are not smart. You get your notifications instantly. So it go straight to your device and then we also have a process or the internet. So this is the catchy

1:51:06 part because we don't just want to monitor your device for you. We notice that in Nigeria we have issues with data concerning gas. When you talk about making policy, when you talk about decisions for government, they are not able to make those decisions because you don't have enough data. So we are thinking of having this data stored up somewhere so that we can assess it and once you are able to assess this data, you can make decisions. So those that want to go into gas business you'll be able to tell where you have concentration of users of gas so that you are able to situate your business in a very good area. You don't just want to go and build a plant that people will not visit. So this is part of what we are selling. So now talking about the market size, if you look at the map we have over there, you see that we have areas that has high concentration

1:51:53 of gas. So we the market is not a problem. All right. We have people that using this um and then talking about why we need this due to disruption of gas supply. We although there's not enough data but from the little we were able to gather we were able to get that if you to interrupt the supply of gas by 50% but just enough the country will lose up to 180 million US that is quite much so we're trying to step into um bridge this gap now talking about the market model how do we intend to sell this first we have hardware sales and then after we'll talk about subscription for the app so for those that subscribe from the app we'll be able to get some revenue from them talking those that are into logistics and supplies to connect with them too and be

1:52:39 able to get some amount of money from that. And then for those that want to use the app for refill and transaction, we'll be able to get um some returns from them too. And then for the market competitive advantage, yes, there are one or two products out there, but the problem is that some of them you have to stick it to your gas tank and most of us would be able to tell that gases are not kept in the house. We keep them outside. So do you have to always go outside and look at your gas to be able to tell that the gas is getting finished. So this gives you that option of it being displayed on your window. You don't have that problem of going outside. Also it low cost. All right. And then it is weather resistant since we know that it will be placed outside. We consider that factor of it being weather resistance. Also talking about um data the data that

1:53:26 comes out and we use for forecasting decision making and other um things. So how do we um intend to go to the market first we start with residential users okay they already have customers out there that they get from home connect with these customers we start with residential users go over to um commercial and then go up to industrial level. So for projection what we intend to do first year we'll go with the pilot um project and the early adopters by the second year we expand regionally and then by the third we break even um so finally um for the members of the team as displayed here and what we asking for is strategic partnership. Thank you very much very much. Thank you patience. Thank you again. Give her some feedback uh through uh through the link uh give

1:54:13 her your opinion. Carbon wise is next. We finally got the uh our slides sorted out. So one good one good thing about uh time. Uh can we move to the slides we sent uh today? Yeah, just always make sure that you send your slides the day before. I think that's the learning message for me. [Music] She's here.

1:55:04 Good morning everyone. Standing on protocols. Ladies and gentlemen, who said a mission can take you far? I am organized by a daughter of the ninja daughter region of Nigeria, a region that brings oil and sweats gas. But I'm not just a native. I'm a missionary. I'm a girl with tongious flames into golden opportunity. From a young age, I noticed around the war region the high fiery towers burning ceaselessly, and it was almost majestic. But this was of course until I found the devastating truths that those flames weren't just burning gases, they were touching the environment. Every moment a massive amount of natural gas is fled into the atmosphere, it releases alarming quantities of carbon 4 oxide in major

1:55:50 greenhouse gas. And surprisingly, every year Nigerian oil and gas company spends approximately 380 billion naira paying off emission fines. But what if we could turn these losses into revenue? Well, this is where I step in with Carbon Wise, a next generation carbon capture and utilization CCUs system that helps companies cut emission and make money while doing so. So, what's the problem that we're trying to solve here at Carbon Wise? Most Nigerian oil and gas companies and flare gas operators today prefer to pay emission fines rather than invest in the carbonization strategies. not because they do not care but rather because existing systems are too expensive and obviously not tailored for the African ecosystem. And on the other hand,

1:56:37 chemical industries face high cost of sourcing industrial materials like carbon and oxygen. Invariably this leads to harm on the environment while these companies are losing money. If this is the problem then how do carbon wise even provide a solution to it? Carbon Wise is a techdriven advanced CCU system that captures CO2 directly from emissions, breaks it down using plasma technology and then sells the repurposed carbon and oxygen to industries for use. For flare gas operators, we offer them value by helping them remove their emission fines and reduce their ESG regulatory pressure. And for the chemical industry, we provide cheaper, highquality raw materials without the hassle of high production cost, infrastructure, and

1:57:24 high energy costs. For our market size, we are focusing on three main markets, CC US installation market, the carbon market, and the oxygen market. In our first two years, we are projecting five installations and we'll be looking at taking 5% from the $200 million oxygen market in Nigeria and 5% from the $60 million carbon market in Nigeria. We're looking at working with industries like Seplat liquid air and bar chemicals for our product. Let me walk you through the design. So our system starts at the AI hotspot detector. We don't just install our system anywhere. We make sure that we're able to analyze the environment and place it in a in a in a place for highest carbon capture

1:58:09 recovery. And from there we have our deployment plan. deployment plan basically maps out the whole system and make sure that we're placing it at the right spot and shows you how everything will look like before we actually place it. From there we have our um realtime monitoring dashboard that gathers data as we capture the carbon and then we also have our system that helps to um capture the carbon remove impurities and take it back to the environments and we have the plasma reactor and also the um temporary storage unit and distribution. So for our traction while this is still a new innovation with a lot of potential we've been able to make some soft traction like for example we were invited to present our research project at the SB African technology conference in Tanzania in May 2025 where are well aligned with the Nigeria Gas Flare commercialization program also with the

1:58:56 SP net zero emission 2050 strategy and this idea was born out of real world experience in the SP 22 2022 NIS where they talked about energy transition and decarbonization. for our team. I lead the team as a passionate researcher and innovator and I am advised by professor I or the HUD of paternal engineering department at University of Bin. He helps with um advice on physibility and industrial impact for our competition. While we do not have any indigenous competitors in Africa or Nigeria, we have global competitors like Climworks and Capan. But these companies focus on only one system direct air capture and they do something called underground sequestration where after capturing carbon they inject it underground for

1:59:42 storage. This usually leads to more cost. But carbon wise we don't only use one system we use two system for greater efficiency. We provide value not just compliance by making sure that the carbon we capture we can resell it to industries for use. And again, we are indigenous, meaning that we will not attract as much cost when talking about importing technology down here to Nigeria and Africa at large. For our financial structure, we are projecting a profit of $2.4 million in our first two years, cost of about $2.65 million and revenue of $550 million. We are asking for $85,000 for building our first four digital component. These components will help us to test our product and see if it really is possible in real world situation. We'll also be using parts of the money

2:00:28 to make our detailed 3D model and for further research. Thank you so much for listening and for your feedback. Um, join me as we create a cleaner smarter future for Africa. Thank you. Okay. So, so this is the group of Nigerian startups that went through the hackathon or not and then you know worked on their pitch. We are now going uh we have two uh present presenters from Cameroon, but they're going to wait online after the panelists. So, thank you so much. [Music] Thank you so much Dr. Alban. Thank you. And to all of you who have presented,

2:01:14 we hope that you able to get the support that you need. I hope someone who is online or someone who is on the room will be interested and willing to invest in this dream and give it acceleration. Let's please give all of them a round of applause. Okay, good morning to those of you who've joined us virtually. Council chair, good morning. Confirm you can hear me. Good morning, Richmond. I can hear you. Council chair, good morning ma'am. Good morning. Yes, council chair. Very good morning to you. We're set to get into the official part of today and we are opening with um a few comments from you to open day two of this conference. I want to yield this summit. I want to yield the stage to you now to you know give your opening

2:02:01 comments for this morning this morning. Good morning. Can you hear me loud and clear? Okay. Thank you very much Richmond. Thank you. Thank you. Thank you. So I can go ahead. I can be heard right. Okay. Okay. So good morning distinguished guests, esteemed colleagues, policy makers, industry leaders, students and all participants joining us both in person and virtual and virtual and virtual. My honor and privilege to welcome you to day two of the Africa Gas Innovation Summit. AGIS 2025 proudly convened by the Society of

2:02:47 Petroleum Engineers Nigeria Council and hosted with the generous support of the Petroleum Technology Development Fund PTDF here in Abuja. Let me begin by acknowledging the rich and engaging sessions we had yesterday. keynote that challenged us to think boldly, panels that gave us direction and conversations that reminded us of the urgency of action. Thank you to all our speakers, moderators, panelists and attendees for setting the tone for meaningful collaboration. We began today on a truly inspiring note with the final round of the ages hackathon from idea to impact watching young innovators pitch their gas focused solutions ranging from clean cooking

2:03:34 technologies to datadriven in infrastructure tools was a strong reminder that the future is not waiting for us to catch up. It is already being built by the next generation. These speeches were not just academic exercises. They were practical demonstrations of the talent, creativity and entrepreneur energy that exists here in Africa. Congratulations to all well um they haven't finished yet. So, but congratulations to the to be finalists. This year's theme, building a resilient African economy through innovation and collaboration could not be more timely. Across the continent, we face the pressing need to unlock our gas resources. Not only to

2:04:21 power our homes and industries, but also to power our development ambitions. But to do that, we must intentionally foster ecosystems of innovation and inclusive partnerships. Yesterday's conversation made it clear, resilience in our gas economy will not be achieved through traditional thinking alone. It requires us to rethink infrastructure, champion local content, modernize our supply chains, create enabling policies, and invest heavily in talent and technology. Day two is about deepening these insights, converting them into actionable strategies and sustaining momentum for real impact. I am particularly proud that this summit is

2:05:07 not just a one one-off event. It is part of a broader long-term commitment by the SPE Nigeria to shape the energy narrative in Africa. One that is inclusive, technologydriven and future facing through our technical programs and knowledge sharing platforms. SPE continues to serve as a strategic partner to both government and industry. As we engage today, I encourage everyone, regulators, operators, academics, entrepreneurs, and students to fully participate. Share your ideas boldly. Ask difficult questions, explore unlikely partnerships because every

2:05:52 insight offered here today has the power to influence policy, shape investment, and inspire innovation. To our sponsors, Newims, NLNG, Cipher Crescent, and Abaturu Energy, and our host PTDF. Thank you for believing in the vision of ages. Your support is helping to shape a new energy future for Africa. As we move through today's sessions, let us keep in mind that this is more than a summit. It is a catalyst for progress, a space for reimagining possibilities and a platform for empowering those who will lead Africa's grass gas transition. On behalf of the entire SPE Nigeria Council, I thank you for being here and

2:06:38 contributing to the success of Ages 2025. Let's make today count. Thank you very much. Over to you, um, Richmond. that oversees

2:07:24 professional engineers in the country whose president has graciously joined us this morning. Please let's welcome with a warm applause to the podium engineer Margaret Aorun Tala FNSE president the Nigerian Society of Engineers as she talks to us briefly at this time It's on days like this that I wish that I had eaten more beans when I was younger so I could be taller.

2:08:12 This is a very tall podium specially made for Richmond. Good morning. Um the chairman Society of Petroleum Engineers Nigerian Council Engineer Amina Dami Dami sorry um I'm sure she would uh understand that uh sometimes even as full Nigerians we still have a few issues pronouncing the names that we are not particularly used to. So my chairman will pardon me please. U very distinguished guests who are here present. Um I'd like to recognize

2:08:58 um my entourage here today. I have with me two of my vice presidents. Uh vice president corporate services engineer Dr. Felicia Nina Agubata, fellow Nigerian Society of Engineers, Vice President, Professional Development, Engineer Dr. Thank you. Engineer Dr. Aluya Okodua, fellow Nigerian Society of Engineers. I also have with me a former vice president of the society who is also a former vice president of the world federation of engineering organizations engineer valero agiraba fellow Nigerian society of engineers

2:09:46 very distinguished fellows of the Nigerian society of engineers who are here present invited guests industry leaders policy makers develop Velment partners and other fellow engineers, gentlemen of the press, the very young engineers. I can see some young engineers who took part in the hackathon just a few moments ago. Congratulations. You are the future of the world and particularly engineering and I'm very proud of you all. Gentlemen of the press, ladies and gentlemen, it is with great honor and a deep sense of responsibility that I join you today as special guests at this important convergence of minds, the

2:10:32 Africa Gas Innovation Summit 2025. Let me begin by expressing my heartfelt appreciation to the Society of Petrolum Engineers Nigeria Council and collaborating partners for this invitation and for their consistent commitment to advancing energy discourse across the continent. The theme of this year's summit, building a resilient Africa gas economy through innovation and collaboration, could not be more timely. As the world continues to navigate the complexities of energy transition, Africa stands at a defining crossroads. We are richly endowed with natural gas, a transition foil with immense potential, not just

2:11:20 for powering industries and homes, but for accelerating inclusive development and regional integration. As president of the Nigerian Society of Engineers, our firm, our society's unwavering commitment and fostering to fostering homegrown innovation, promoting sustainable engineering practices, and collaborating across disciplines to ensure that Africa's gas economy is both resilient and future ready. We applaud AGS 2025's bold targets which are raising domestic gas utiliz utilization, accelerating regulatory reforms, promoting regional alignment and backing innovations with actionable

2:12:07 financing. These are not just policy ambitions. They are engineering challenges that demand practical, scalable and inclusive solutions. And this is where the engineering profession must and will lead. Let me also acknowledge the emphasis on ESG alignment as it is very very important. A resilient gas economy must be one that is environmentally responsible, socially inclusive and governed by the highest standards of professionalism and ethics. And these are values which we proudly uphold in the Nigerian Society of Engineers. In closing, I call on all stakeholders

2:12:53 present, government, industry, academia, and civil society to work with one heart and one mind, transcending silos, borders, and titles. The future of energy in Africa depends not only on innovation but on collaboration with intention and action with urgency. I thank you all and wish us a very fruitful and impactful summit. God bless you all. Thank you very much engineer Margaret and Auntella president FNSE president of

2:13:38 the societite of engineers showing the collaboration between the professional bodies. Let's please give her another round of applause. Thank you very much. Onwards we go now to the panel one of day two investor and government panel session capital flows and market openness the path to integration. Let's begin by welcoming first off managing director Park Capital Limited. Let's welcome Mr. Henry Oryaki. You're welcome sir. Please give me a round of applause. Humphrey I beg your pardon. Oriah, you're welcome. Please come all the way here. Please come all the way here. Thank you very much, Mr. Humphrey

2:14:24 Oriahi. Thank you. Thank you. Thank you. Onwards to our next panelist. Let's welcome Deputy Chairman, House Committee on Petroleum Resources, Honorable Cece Ola Wingang. You're welcome, honorable, honorable, please to the immediate threat of Humphrey. You are welcome. Joining them I'd like to welcome the general manager mobility business assess bank plc Ishmail Ishmail you're welcome to the honorable immediate right thank you very much yes joining them on the panel as well is the director of client relations at Afric Mr. Peter Adisha,

2:15:11 you are welcome. The captain of this ship sailing it for the next couple of minutes to waters of insights and wisdom from panelists would like to welcome he is the capital energy of capital energy resource limited John Osama Ehan. You're welcome sir. or coming this way, sir. All right, sir. Take it away.

2:16:14 Good morning distinguished guests. Uh I'd like to time myself to the existing protocol. If we do not mention names and persons, please accept this kind invitation to this panel and dutifully express our deep appreciation for your presence here. What we'll be talking about this morning is something that has been on the table and has been touched upon in the last one year and even yesterday.

2:17:01 Yesterday Faruk talked about Apple and what Apple is doing with our free exam. That was going to be the energy bank. But that bank won't exist and won't leave just because Apple is collaborating with exfex. It will be to pursue a stated objective. That objective clearly yesterday was not fully put on the table. But we will explore what that says and what is trying to achieve. When Eong spoke yesterday, he talked about gas and what it took to put together the anno investment.

2:17:49 I don't think that many persons here entrepreneurs those startups can match that level of check that came onto the ano investment. So we're talking about levels here. We're talking about perceptions and still it's all about how can we get Africa not just Nigeria but Africa to where we want it to be on the energy journey utilization of one of the great resources that resides in Africa gas. The general story is that there is abundance of gas say in Nigeria but how do we get it to where we want it? How do

2:18:35 we get it to propel economic development for us? And so I'd like to frame all our discussions around that and start off by asking not to one party in particular, but it's something that I can point to one person, but all of us do have a view as to what and how this can work. How do we or how can we open up the opportunities that have been made available the African free trade opportunity. How can we work within that context and achieve one of the things that was said yesterday,

2:19:23 scalable projects, scalable gas projects, not the small little CNG compression points. No. Yeah, those are good. But we need to work on this huge project whether an industrial park or somewhere but understanding what it takes. So the question for me how do we get energy bank how do we get all these investors to come onto this big projects that can open up these opportunities. So if I just we start off not in particular with Humphrey I say where do you see this opportunity and how can we open it all up

2:20:18 good morning everyone uh thank you Mr. Uh, John, um, I thought you said you were going to throw it to anyone, but I know I'm the one closest to you. So, right. So, I I think that um this is what we have to look at from different um uh perspective. Uh, first I'm going to try as much as possible uh to extend it. I mean this is a an African uh summit more or less as it were. So it will be extended not just Nigeria but across uh the continent you know and which is what of course as

2:21:04 basic that is what we also uh do but we have to look at it because this are multi-country concern more or less on what you have asked then some political we have to look at the political angle and also we have to look at the governor's side on the legal uh structure and also we'll look at it on the technical uh side before we can even talk about the financing uh in itself which will be uh the last bucket more or less. Today we have the AFCA that has been initiated for several years now and good enough they are

2:21:50 actually achieving some mileage but again there are still certain uh what I say titting issues as well and this all relates to political uh issues and uh the sovereign uh the issue of uh selfp protection more or less So and for us to be able to achieve what we are looking at what we want to talk about today is for that self production to be a bit uh opened up and that can only be done if we have the right policies in place which I know of course the FCA is really working and getting all the countries to sign on. So if we're going to have an gas infrastructure for instance or

2:22:36 facility that will be of that scale that can supply let's say the west African region for instance and we know in this sub region Nigeria uh all the aces in terms of uh the capacity uh in the resources that is also available in terms of u uh the gas resources and where as it Today even in Nigeria if we want to do a pipeline there are issues of that links from one state to another. We have issues of right of way and and resting the issue of will also come in in Los for those of us

2:23:23 who are not from Lagos you know but who are the owners of the land we will still come even when we have all the approvers okay even when you have all the approvers they will still want to create uh some problems now you are now going to cross to say for instance we need to have a a pipeline say to to Ghana or to even Cameroon that is close to us here. If we do not deal with the political aspect for the sovereign countries themselves to have a proper understanding of doing that then nothing can even start in the first place and when that is done this have to be then documented into a legal structure.

2:24:09 This is what they will then encourage investors whether it's as private or whether it's going to be joint partnership with private and and government. I have to deal with the two aspect because for me those are like the neighboring uh policies that will encourage an investor to be able to invest. So when those two are done that are basically government creating the neighboring environment then we then have to then deal with the technical aspect which now which is now the aspect of uh the investors or uh and government this time around and designing the project in itself to become uh then bankable cuz that is what will eventually the

2:24:56 financials and all the uh those who will be putting money on the table whether they as equity investors or as debt providers with all forms of kind of financing will then sit on to be able to uh fund uh the project. So if these four critical issues are not in place, it may be more but I think this four is basic which is the political aspect the legal and then the technical which which would deal with backability the EIA and uh today we're also talking of ESG which is now a big thing for most financing institutions and all the uh

2:25:44 engineering ing that is that is also then required then you cannot have uh a financing that or financiers who will be willing to uh to put their money on the table whether as debt provider or as equity uh investors but at this point I mean I will pause to at least allow my other colleagues to add a team or two. Thank you. I I was I was quite interesting listening to you and I did that deliberately. But let let me speak with Peter now because it ties to it and I hear you talk about uh institutional investors and what their requirements will be. So I see things like ESG the basel risk

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