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Microsoft, Fate Foundation & MaraMentors to Assist Youths via Cloudprenuer

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‎‎Microsoft Nigeria , Fate Foundation and Maramentors team during the announcement of Cloudpreneurship programme for youths in Nigeria, in Lagos, recently. ‎
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The trio of Microsoft Nigeria, Fate Foundation and Maramentors, have aligned together to better the worth of many youths in the country.

According to Bureau of Statistics, over four million youths in Nigeria are out of school and without employment; hence the partners want to assist them using cloud technology.

After successful mentorship by Microsoft with support from Faith Foundation and Maramentors, successful candidates will becomes Microsoft cloud marketers.

The program is part of Microsoft’s 4Afrika Initiative launched about two years ago with the aim of creating 100,000 jobs for youths across Africa.

Speaking during a media parley in Lagos by officials of Microsoft Nigeria, said they unveiled Cloudpreneur, a startup academy to cater for the process with ISO 27018 Cloud Privacy Certification, even as the applications for the Cloudpreneur Project opened on March 20.

The application will be opened through April 19, 2015.

Kabelo Makwane, country managing director of Microsoft Nigeria, informed that at the end of the project, the 20 best performing participants will receive mentorship to manage their own profitable businesses based on Cloud technology.

Makwane said: “Microsoft is committed to improving youth skills for both entrepreneurship and employability across Africa. Our efforts in Nigeria started with the launch of the Employability Portal in 2013, which provides a platform for youth to learn leadership skills and network with other leaders.

“Now through the Cloudpreneur Project, we hope to enable and empower young business owners, so that they can contribute to the social and economic growth of Nigeria.”

The Project, the Microsoft Boss said, will be open to 1,000 applicants who have been in business for between one year and three years.

From these applications, 100 successful participants will be chosen.

These participants will receive a four-week long training on business management, including training on: sales, technology, entrepreneurship, marketing, communication and start-ups management.

Following this, 30 of these 100 participants will be provided with startup models and, finally, the top 20 performers will be mentored on how to build their own Cloud-based business.

“Cloud technology has the potential to transform competitiveness amongst startups and SMEs, which is why we’re encouraging adoption of the Cloud through this Project,” added Kabelo. “It delivers easier access to IT, slashes costs, improves productivity and enables more agile, innovative business models, where everything startups need can be accessed and done on the web anywhere, anytime and off any device.”

On her part, Habiba Balogun, executive director, Fate Foundation, said, “Fate Foundation is delighted to partner and support Microsoft in its Cloudpreneur initiative which aims to empower entrepreneurs in the Tech-related business to not only improve and hone their skills and knowledge via an intensive training under the assured guidance of Microsoft but also to be equipped to run successful businesses and create employment via Fate Foundation’s proven Entrepreneurship Training.

“Technological Innovation translated into economic activity is the future for Nigeria and we commend Microsoft for being part of enabling wealth creation in Nigeria.”

A similar initiative, known as the Cloud Startup Academy, was launched by Microsoft, the Association of Women Entrepreneurs in Morocco and INWI in Morocco in June 2014.

The Academy takes 50 Moroccan women through a six-month programme, where they receive accelerated training on the Cloud to help them launched Cloud-based solutions.

While the Academy is open only to women – particularly young graduates and job seekers – the Cloudpreneur Project is open to both male and female startups across Nigeria.

“Mara Mentor is proud to bring our expertise in entrepreneurship support and mentorship to the Cloudpreneurs Project,” according to Hetal Shah, director of Operations at Mara.

“As an initiative focused on enabling, empowering and inspiring entrepreneurs, we believe this is an opportunity for young Nigerians in technology to get the training, support, and mentorship needed to build or grow cloud-based businesses.

“It is pertinent that young people embrace the culture entrepreneurship in line with global trends, and with increasing wave of cloud computing, Mara Mentor is happy to partner with Microsoft to empower cloud-based entrepreneurs and their ideas,” Shah added.


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E-Business

FG Unveils ePharmacy Platform to Regulate Digital Pharmaceutical Services

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Federal government has inaugurated the Electronic Pharmacy Regulation Platform (E-Pharmacy) to enhance the safety of online healthcare services.

FG Unveils ePharmacy Platform to Regulate Digital Pharmaceutical Services

Pic credit….healthreporters.info

The platform, championed by the Pharmacy Council of Nigeria (PCN), is designed to regulate digital pharmaceutical services and improve public health outcomes.

Inaugurating the platform, Prof. Ali Pate, coordinating minister of Health and Social Welfare, said the initiative signified Nigeria’s commitment to building a world-class regulatory environment.

Pate noted that pharmacy regulation had faced significant challenges for over three decades but expressed optimism that the new platform would strengthen oversight and accountability.

He said the initiative would enable evidence-based monitoring of pharmaceutical practices while supporting innovation and investment in the health sector.

“This launch is a testament to our collective commitment to advancing technology in the service of health, safety and human dignity.

“It is a decisive step to ensure that pharmaceutical practice in Nigeria aligns with national and global health priorities, reflecting the realities of the 21st century.

“It enables the country to adopt evidence-based approaches to monitoring and protecting public health while supporting innovation and investment,” he said.

The minister added that the platform would help establish a safe, accessible and well-regulated national e-pharmacy ecosystem driven by digital technology.

Earlier, Alhaji Ibrahim Ahmed, registrar/chief executive officer of PCN, said the need to regulate online pharmacy operations became more urgent during the COVID-19 pandemic.

Ahmed said the pandemic accelerated the adoption of digital tools and e-commerce in healthcare, exposing longstanding inefficiencies in pharmaceutical supply chains, particularly in Africa and Nigeria.

“This has led to the increasing adoption of digitised distribution of essential medicines through cost-effective and technology-enabled models.

“For decades, PCN has regulated pharmacy education, training, practice and business in Nigeria. However, as the world shifts towards digital solutions, access to medicines has evolved.

“The Electronic Pharmacy Regulations 2026 provide a comprehensive legal and technical framework for the registration, licensing, operation and oversight of digital pharmaceutical services,” he said.

He added that the framework would ensure that ethical standards and patient safety are not compromised in the delivery of online pharmaceutical services.


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Flutterwave Targets Anambra as South-East Tech Hub

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Olugbenga Agboola, CEO, Flutterwave, has announced plans to establish Anambra State as the company’s hub for Nigeria’s South East, leveraging a fresh banking license from the Central Bank of Nigeria (CBN) to boost local fintech and businesses.

Flutterwave Targets Anambra as South-East Tech Hub

Flutterwave

Agboola made the disclosure yesterday in Awka during a meeting with Anambra tech community leaders, hosted alongside Dr. Stanley Uzochukwu, CEO, Stanel Group and proprietor, Delborough Hotel.

He highlighted Flutterwave’s status as Africa’s leading payment system, born in Nigeria, with infrastructure powering companies nationwide.

“We want Anambra to be our hub for the entire South East,” Agboola said. “We’ll deploy our systems, fees, infrastructure, and POS terminals to every small business and large firm here, making our services the top consumer choice.”

Agboola pledged a massive impact program for Anambra entrepreneurs to foster global platforms from the state, enabled by the new license for faster growth.

For a decade, Flutterwave has facilitated payments, but now aims to empower South East businesses through partnerships, POS access, loans, and value for SMEs.

“We’re partnering on a huge impact program launching soon—impacting the tech community with technology, financing, and lending to create more millionaires from this city,” he added.


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NESREA, ACMTI, Others Launch Carbon Utilisation Initiative in Nigeria

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The National Environmental Standards and Regulations Enforcement Agency (NESREA), in collaboration with the Africa Carbon Management Technology & Innovation (ACMTI) and the Clean Energy Ministerial Carbon Capture, Utilisation and Storage Initiative (CEM-CCUS), has launched a Carbon Capture, Utilisation and Storage (CCUS) Initiative Platform in Nigeria.

Speaking at the launch in Port Harcourt, Rivers State, Prof. Innocent Barikor, the Director-General of NESREA, described the project as a major milestone in Nigeria’s journey toward environmental sustainability, climate resilience, and industrial transformation.

Barikor explained that the CCUS solution provides an economically viable pathway for industrial decarbonisation by enabling the capture, storage, and utilisation of carbon in sectors such as beverage production, cement manufacturing, chemicals and fuels, enhanced oil recovery, and agriculture.

“We need to reduce carbon in the atmosphere to acceptable levels. Its utilisation offers opportunities to capture and store carbon and deploy it for industrial purposes. We are building a circular economy—turning environmental challenges into economic opportunities in line with regulatory provisions,” he said.

He noted that the CCUS Platform is a collaborative ecosystem designed to bring together key stakeholders, including government institutions, industry leaders, academia, technology developers, development partners, and investors.

Also speaking, the Vice-Chancellor of the University of Port Harcourt, Prof. Owunari Georgewill, commended NESREA for the initiative, describing it as a practical mechanism for coordination, innovation, and action toward Nigeria’s 2035 climate targets and broader energy transition goals.

He added that the university is well-positioned to host the CCUS initiative, noting that its Energy Technology Institute has developed credible expertise in energy transition-related fields critical to the success of CCUS in Nigeria.

On his part, the Coordinator of ACMTI and Facilitator of the Carbon Technology Innovation Platform (CTIP), Dr. Richard Victor Osu, said the vision is to position Nigeria as a regional leader in carbon management technologies while contributing meaningfully to Africa’s climate commitments and global decarbonisation efforts.

Osu explained that Port Harcourt was selected due to its potential as a CCUS hub, adding that the platform will focus on advancing research and innovation, building technical capacity, promoting public-private partnerships, attracting investment, and fostering collaboration with international research and technology partners.

Juho Lipponen of the CEM-CCUS Initiative assured that the organisation would support Nigeria in prioritising CCUS in clean energy discussions, strengthening carbon management deployment programmes, boosting partnerships, facilitating financing solutions, and promoting positive narratives around carbon utilisation.

The event attracted participants from the United States, France, Brazil, Canada, the United Arab Emirates, and the United Kingdom, who shared insights on the initiative.

Also in attendance were representatives of the National Oil Spill Detection and Response Agency (NOSDRA), the National Council on Climate Change (NCCC), the Nigeria Upstream Petroleum Regulatory Commission (NUPRC), the Rivers State Ministry of Environment, as well as private sector stakeholders and development partners.


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