From Suleiman Amagbor, Lagos
Africa’s leading digital payment and commerce company, Interswitch, said it is pertinent for oil and gas businesses to leverage digital solutions to drive the growth and sustainability of the energy sector.
The company according to an electronic statement made the position known at the Interswitch Energy Summit, held in Lagos with representatives of oil and gas companies and other stakeholders who were introduced to innovative solutions designed by Interswitch Energy.
The summit had “Harnessing Digital Transformation in the Energy Sector’ as its theme where Interswitch unveiled two new products designed to address prevailing issues within the Energy sector, enhance business development, and drive growth.
In her opening remark, Managing Director, Industry Ecosystems (Interswitch Indeco), Chinyere Don-Okhuofu, said, “For decades, the Interswitch Group has been a beacon of innovation, spearheading digital transformation initiatives across the African continent. Interswitch Energy stands as a testament to our unwavering commitment to driving positive change and fostering prosperity on a nationwide scale.”
According to her, “With the introduction of our ground-breaking Forecourt Automation & Wet Stock Management solutions, we not only unveil products but usher in a new era of transformative growth. These innovations are more than mere tools; they are enablers of change, empowering enterprises within the energy sector with unprecedented capabilities to navigate the complexities of the modern energy landscape with agility and foresight.”
In his Keynote address, Managing Director of Falcon Corporation Ltd, Professor Joseph Ezigbo, emphasized the need for energy companies to allocate resources for digitization initiatives accordingly to drive innovation and efficiency in the sector.
Panellists discussed how oil and gas businesses can leverage cutting-edge solutions to address the challenges in the energy sector.