Clear Blue Technologies to Discuss AI at TowerXchange Africa 2024
Clear Blue Technologies Participating in AI Panel at Major Event
Clear Blue Technologies International Inc. (TSXV: CBLU) (FRANKFURT: OYA), known for its Smart Off-Grid™ solutions, is set to have a significant presence at the upcoming TowerXchange Meetup Africa 2024. CEO Miriam Tuerk will take the spotlight, hosting and presenting on a panel dedicated to AI and analytics. This anticipated conference will take place in Nairobi, bringing together technology leaders and stakeholders from across the continent.
Promoting Digital Infrastructure Development
The panel discussion will delve into the real improvements that tower companies can achieve through enhanced monitoring, analytics, and automation. In a region where over 50% of the population lacks mobile connectivity, the insights shared at this event could play a vital role in bridging that gap. Tuerk emphasized the importance of these technologies, stating, "Artificial Intelligence and predictive analytics can greatly enhance infrastructure performance, driving progress in Africa's digital, social, and economic landscape."
Transformative Solutions for Connectivity
Clear Blue is recognized for its innovative Smart Power services, which are not only cost-effective but also environmentally friendly. These solutions are designed to help address the pressing infrastructure challenges faced across Africa. Tuerk expressed enthusiasm about engaging with government officials, tower executives, and other important players in the sector to share knowledge and experience at the event.
Extension of Private Placement for Growth
In addition to its conference participation, Clear Blue has announced an extension of its non-brokered convertible debenture private placement. Originally set to conclude on September 1, this offering has been extended to September 30, 2024. The first tranche of this offering raised approximately $1.41 million, with plans to increase the total size from $2 million to $2.5 million. Such financing efforts will enable Clear Blue to enhance its operations and expand its market reach.
About TowerXchange
TowerXchange serves as a vital forum for leaders in the telecom infrastructure sector, fostering collaboration among mobile network operators, tower companies, and equipment providers to share best practices. This community aims to optimize infrastructure management and promotes cooperation in shared ventures.
Connecting With Clear Blue Technologies
Clear Blue Technologies International is dedicated to delivering sustainable, managed power solutions tailored to the challenges of modern telecom and renewable energy demands. With a growing presence across 37 countries, the company is positioned to impact various sectors that rely on reliable off-grid power, ranging from telecommunications to IoT devices.
For further inquiries about Clear Blue and its initiatives, reach out to:
Miriam Tuerk, Co-Founder and CEO
+1 416 433 3952
investors@clearbluetechnologies.com
Nikhil Thadani, Sophic Capital
+1 437 836 9669
Nik@SophicCapital.com
Frequently Asked Questions
What is Clear Blue Technologies' role in the AI panel?
Clear Blue Technologies will present on AI and analytics, showcasing how these technologies can improve infrastructure performance.
When is the TowerXchange Meetup Africa 2024?
The conference is scheduled for September 10 and 11 in Nairobi.
What impact do AI and analytics have on Africa's infrastructure?
These technologies can enhance monitoring and automation, helping to bridge connectivity gaps across the continent.
What recent changes has Clear Blue Technologies made to its financing strategy?
Clear Blue has extended its convertible debenture offering and plans to increase its size, securing additional funding for growth.
How can I contact Clear Blue Technologies for further information?
You can reach out via email to their CEO, Miriam Tuerk, or Nikhil Thadani at Sophic Capital for investor inquiries.
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