• Latest
  • Trending
FG seeks private sector partnership in AI funding

FG seeks private sector partnership in AI funding

November 24, 2023
MTN South Africa and Ericsson’s upgrades promise faster, more reliable 5G

MTN South Africa and Ericsson’s upgrades promise faster, more reliable 5G

September 29, 2025
Deloitte invites high-growth startups to apply for Tech Fast 50

Deloitte invites high-growth startups to apply for Tech Fast 50

September 29, 2025
Zimbabwe adds e-hailing and short-term rentals to tax base

Zimbabwe adds e-hailing and short-term rentals to tax base

September 29, 2025
Egyptian startup Luciq launches Agentic AI for mobile app maintenance

Egyptian startup Luciq launches Agentic AI for mobile app maintenance

September 29, 2025
Seacom 2.0 set to propel Africa’s digital future forward

Seacom 2.0 set to propel Africa’s digital future forward

September 29, 2025
Xiaomi introduces Pad Mini and Redmi Pad 2 Pro worldwide

Xiaomi introduces Pad Mini and Redmi Pad 2 Pro worldwide

September 29, 2025
Top 10 Most Technologically Advanced Countries in Africa 2025

Top 10 Most Technologically Advanced Countries in Africa 2025

September 29, 2025
Bank of London founder faces Court battle with US investor

Bank of London founder faces Court battle with US investor

September 29, 2025
Meta introduces ‘Vibes’ for creating and remixing AI videos

Meta introduces ‘Vibes’ for creating and remixing AI videos

September 29, 2025
Alibaba launches new AI model and expands data centre footprint

Alibaba launches new AI model and expands data centre footprint

September 29, 2025
Your one-stop tech hub! Get the latest updates on AI, cybersecurity, fintech, and emerging technologies.
  • Tech News
    • Africa Tech
    • Global Tech
    • Tech with Pelumy
    • Tech Careers
    • Tech TV
    • General News
    • How To
    • Reviews
  • Cryptocurrency
  • Fintech
  • Startups
  • Ai
No Result
View All Result
  • Tech News
    • Africa Tech
    • Global Tech
    • Tech with Pelumy
    • Tech Careers
    • Tech TV
    • General News
    • How To
    • Reviews
  • Cryptocurrency
  • Fintech
  • Startups
  • Ai
No Result
View All Result
Techpression
No Result
View All Result
Home Tech News Africa Tech News

FG seeks private sector partnership in AI funding

Modupeoluwa Olalere by Modupeoluwa Olalere
November 24, 2023
149 1
0
FG seeks private sector partnership in AI funding
465
SHARES
Share on FacebookShare on TwitterWhatsAppTelegram

The Federal Government of Nigeria is eagerly looking for a way to work with the private sector to create an Artificial Intelligence (AI) fund to help the country become more technologically advanced.

At the start of the Zenith Bank Tech Fair 2023 in Lagos, Dr Bosun Tijani, Minister of Communications, Innovation, and Digital Economy, talked about this plan. He agreed that Nigeria has been behind in AI because the country hasn’t put enough money into technology recently.

With the idea that government funding alone might not be enough, the goal of the proposed fund is to make Nigeria a world leader in AI within the next four years.

Read also: ‘Africa’s creative industry on Artificial intelligence’ holds in Lagos

RelatedPosts

Microsoft denies using user data to train AI models

OpenAI, Meta, and Orange to develop AI for African languages, starting with Wolof and Pulaar

Unpacking Apple’s upcoming Mac releases and new AI features

Tijani highlighted private sector involvement

Using and improving AI doesn’t have to be the government’s job alone. It is also essential to think about efficient intelligence regarding your business, not just companies like Zenith Bank. AI becomes more vital and valuable when people put it first as a society.

When he spoke to private sector groups, he stressed the importance of supporting the AI fund for technology-based economic growth. The minister discussed how the fund would work as a partnership, with the government and the business sector working together to speed up AI development in Nigeria. He was sure that in the next three to four years, Nigeria could become a world star in artificial intelligence.

NITDA to initiate Code of Practice on Artificial Intelligence (AI)

Zenith Bank’s Perspective on Technology

The Group Managing Director of Zenith Bank, Ebenezer Onyeagwu, spoke at the beginning of the Zenith Bank Tech Fair. He said that the bank was a technology company with a banking license. 

Onyeagwu stressed that companies need to adopt technology or become technology-focused to secure their future because he knew how important it was for them to stay current. He talked about how ready Zenith Bank is because it has bought a new digital interface with solid features that can connect with apps worldwide without problems.

It’s the third time that the Zenith Bank Tech Fair has been held. It lasts for two days and gives tech leaders from all over Nigeria a chance to work together to plan the future of tech growth. Zenith Bank ultimately sponsors the event and frees tech companies to show off their goods.

Tags: AlFG
Modupeoluwa Olalere

Modupeoluwa Olalere

Modupe is a tech content writer with 3+ years of experience turning complex ideas into clear, engaging stories. She covers innovation, digital trends, and emerging technologies. When she’s not writing, she’s exploring new tools or tracking trends shaping Africa’s tech ecosystem.

No Result
View All Result

Quick Links

  • Tech News
  • Cryptocurrency
  • Fintech
  • Startups
  • Business

Follow Us:

  • facebook
  • instagram
  • Twitter(X)
  • Linkedin
  • YouTube
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2025 Techpression.com -Techpression Media Limited

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

We are using cookies to give you the best experience on our website.

You can find out more about which cookies we are using or switch them off in .

No Result
View All Result
  • Home
  • Tech News
    • Africa Tech
    • Global Tech
    • Tech with Pelumy
    • Tech Careers
    • Reviews
    • How To
    • General News
  • Cryptocurrency
  • Business
  • Fintech
  • Startups
  • Featured
  • Ai
  • Tech TV

© 2025 Techpression.com -Techpression Media Limited

techpression.com
Powered by  GDPR Cookie Compliance
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.

Strictly Necessary Cookies

Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.

3rd Party Cookies

This website uses Google Analytics to collect anonymous information such as the number of visitors to the site, and the most popular pages.

Keeping this cookie enabled helps us to improve our website.