The CEOs of Flutterwave, Olugbenga Agboola, and Alami, Ms. Olu White, met with NITDA’s Director General, Kashifu Inuwa Abdullahi, and the three organisations signed a Memorandum of Understanding (MoU) to expand their cooperation in the areas of FinTech innovation, digital literacy, infrastructure development, and open-source technology promotion. NITDA announced in a statement on Friday.
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Terms of agreement
The following areas are areas on which the Parties agree to cooperate:
Enhancing Public-Private Collaborations by investing in digital payment infrastructure and technology financing.
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Cooperation on NITDA’s principal projects such as cybersecurity, innovation and entrepreneurship programs, NITDA Strategic Roadmap and Action Plan (SRAP 2.0), National Digital Economy Policy and Strategy (NDEPS), and Digital Literacy and Skills Development.
An important step towards Nigeria’s digital transformation is this alliance.
NITDA, Flutterwave, Alami partner with SMEDAN to equip MSMEs with digital tools
Similarly, Kashifu Inuwa Abdullahi, the Director General of NITDA, led a group that included partners from Flutterwave and Alami to a strategic engagement with Mr Charles Odii, the CEO of SMEDAN, to improve value delivery to residents through digitalised services.
The conversation centred on developing a collaboration to increase MSMEs’ access to digital technologies and funding.
The Director General underlined throughout the discussion how digitisation has a transformative effect on MSMEs, pointing out that enterprises with digital capabilities can boost productivity by as much as 120%, which is a major benefit for Nigeria’s economic growth.
He underlined NITDA’s dedication to promoting digital capacity building programs for MSMEs and voiced his full support for the partnership.
As a result of this interaction, Flutterwave, Alami, and SMEDAN signed a Memorandum of Understanding (MoU), with the Director General of NITDA acting as an overseer to guarantee the agreement’s efficacy and integrity.
This collaboration is an important step in promoting financial inclusion, strengthening the digital economy, and empowering MSMEs through digital transformation.
Read also: NITDA to train 69,000 civil servants on digital literacy
NITDA inaugurates Technical Working Group on National Cloud Infrastructure
In a related development, The Technical Working Group on National Cloud Infrastructure was established by the National Information Technology Development Agency (NITDA), marking a major advancement in Nigeria’s digital infrastructure.
The Director-General, Kashifu Inuwa Abdullahi, in a statement on Friday emphasised the significance of developing Nigeria’s digital infrastructure and sovereignty during the TWG’s inauguration.
He also said that stakeholders should work together to draw in investment and establish local data centres, while also addressing the need for precise data and legal frameworks to support these efforts.
By offering precise data and supporting regulations, the TWG hopes to draw in hyperscale investments and improve local cloud capabilities.
Google, Medallion Data Centre, Equinix, and other industry participants indicated their support and willingness to volunteer and provide resources.