E-Business
COMESA, Microsoft Pen MoU to Promote Skills & Innovation in 19 African Countries
The Common Market for Eastern and Southern Africa (COMESA) through the COMESA Business Council (CBC) and Microsoft have taken a step toward strengthening their working alliance today by signing a Memorandum of Understanding (MoU), which sets out how they will collaborate in the areas of access to technology, development of relevant skills and the fostering of innovation in COMESA’s 19 member States.
This is in line with the Microsoft 4Afrika Initiative’s three core focus areas (World-class skills, Access and Innovation).
The MoU will promote access to technology to COMESA Member States based on a Trusted Cloud Infrastructure that focuses on the secure deployment of modern IT operations.
It is also expected this collaboration will accelerate and promote the adoption of innovative high-speed low-cost connectivity initiatives, including through new policy approaches to spectrum management such as dynamic spectrum access.
It will also encourage the use of cloud technologies through the adoption of important enabling policies in the areas of cyber-security, data privacy and data protection.
Mr. Sindiso Ngwenya, COMESA’s secretary general during the signing, said: “Business technology has revolutionized the way countries and firms conduct business. We are in an age where the planning processes of organizations is through instruments and solutions that promote quality management, and respond to age –old constraints of time limitations and high costs of operations.”
“Through Microsoft’s 4Afrika Initiative, we have been working to increase regional trade and the growth of the knowledge economy in Africa,” says Antony Cook, Associate General Counsel, Legal and Corporate AffairsMicrosoft, Middle East and Africa. “Through influential partnerships, such as the one with COMESA, we aim to scale across the region further to impact not just thousands, but millions.”
The collaboration is further expected to focus on fostering innovation across the COMESA region by promoting the value and protection of Intellectual Property. It will also encourage the development of eGovernment solutions that will facilitate, simplify and stimulate investment in and trade across the COMESA region to save on time and the cost of complying with business governance and regulations.
This collaboration fits squarely with COMESA’s mandate and demonstrates the commitment to promote common interests for economic development in the region.
“Through this collaboration, we will bring policy makers and businesses together and empower them to take advantage of the cloud-first, mobile-first world. With the right policies and regulations in place, people will be encouraged to use cloud technology, develop their own IP and ultimately participate in trade and e-commerce across borders. With innovative eGovernment services, citizens and businesses will additionally benefit from safe online transactions, open borders, efficiency and increased foreign investment,” adds Cook.
The implementation of the MoU will be the responsibility of the COMESA Business Council, as the voice of the private sector in the region.
Nigeria Data Protection Commission (NDPC) has said the certification of data protection professionals in the country will significantly reduce capital flight and create more than 500,000 jobs in the sector.
L-r: Dr. Vincent Olatunji, executive commissioner, NDPC and Dr. Oyedokun Oyewole, president of the Institute of Information Management,
Dr. Vincent Olatunji, executive commissioner, NDPC, stated this at the presentation of the certificate of licence to the Institute of Information Management (IMF) in Abuja.
He said the certification of data protection professionals would not only enhance the protection of personal data, but also boost the country’s economic growth and development.
The projection comes as the commission intensifies efforts to promote data protection and privacy in Nigeria’s rapidly growing digital economy.
According to Dr. Olatunji, the move aims to enhance the capacity of organisations to protect personal data and promote compliance with Nigeria’s data protection regulations.
Establishing a local institution to train and certify Nigerians would significantly enhance local content in the sector, the NDPC boss hinted.
The commission, he assured his audience, was already exploring the possibility of implementing the licencing framework across Africa—a move that could potentially harmonise data protection standards and expertise across the continent.
Dr. Oyedokun Oyewole, president of the Institute of Information Management, said the licence would effectively address the existing gap in the data protection ecosystem, providing a much-needed solution.
Recalling that the certification process began in 2021, Dr. Oyewole reaffirmed the institute’s dedication to excellence, pledging to provide top-notch education in data protection and set a benchmark for the country’s education system in this field.
The IIM’s certification programmes will cover essential topics such as data protection principles, risk management, and compliance with the Nigeria Data Protection Regulation (NDPR).
The initiative is expected to boost the confidence of organisations and individuals in the country’s data protection landscape.
Nigerian Consumer Credit Corporation (CrediCorp), has partnered Fintech Association of Nigeria (FinTechNGR) to drive consumer credit scheme initiative through a robust payment platform that would be provided by members of FinTechNGR.
Speaking at a Social Meet in Lagos, organised by FinTechNGR, with the theme: “Augmenting the Future, AI, Credit and Transformation of Nigerian Finance,” the Chairman, CrediCorp Board of Directors, Aderemi Abdul-Bojela, said members of FinTechNGR would have specific roles to play in the partnership, in the areas of providing robust platform for money transfer, technology evaluation, among others.
“Today, CrediCorp is engaging with members of FinTechNGR in a social interactive gathering to discuss collaboration and support for the growth of Consumer Credit Corporation in Nigeria. We want to interact to understand how technology will drive the crediCorp initiative in Nigeria and also to understand the role that members of FinTechNGR will play in all of these initiatives around CrediCorp,” Abdul-Bojela said.
Describing the partnership as a welcome development that will enhance savings culture among Nigerians, the Chief Operating Officer (COO) of FinTechNGR, Dr. Babatunde Obrimah, said: “FinTechNGR is an enabler of technology advancement in Nigeria. We bring the players together to drive technology innovation.
“Our role in the FinTechNGR-CrediCorp partnership is to ensure that our members support the growth of consumer credit in Nigeria, by providing the relevant payment platforms for all financial transactions among the banks who are the lenders, the customers who are the burrowers and the CrediCorp who is the guarantor.”
Speaking about the benefits for Nigerians, Obrimah said the Consumer Credit Corporation in Nigeria would enhance the country’s credit culture and enable Nigerians to save and plan well with their savings. “The initiative will address inflation, help in liquidity flow, build trust in customers’ borrowing, boost credit culture and enhance the culture of savings among Nigerians,” Obrimah said.
Addressing the issue of risk and consumer trust, Abdul-Bojela said the CrediCorp has put measures in place to ensure that the banks that would be involved in lending, would be protected and guaranteed of the repayment of the loans within the CrediCorp ecosystem.
He said there would be an independent management that would ensure that the right technology is put in place to recover all monies.
Kashifu Abdullahi, director general of the National Information Technology Development Agency (NITDA), announced plans to integrate digital literacy into Nigeria’s education system, to achieve a 70% literacy rate by 2027 and 95% by 2030.
Kashifu Abdullah, DG, NITDA
The NITDA’s DG made the announcement on Wednesday in Abuja during a media parley.
He stated that in order to include digital literacy in the curriculum at all educational levels, from kindergarten to university, the Agency was collaborating with the Federal Ministry of Education.
Abdullahi, said that this program would equip Nigerians with the digital know-how and abilities they need to succeed in the digital economy.
He emphasized that NITDA would also launch the “Digital Literacy for All Initiative” to educate Nigerians outside the formal education system and provide access to quality digital content.
Nigeria would train over two million young people in in-demand IT skills in order to become significant global outsourcing hub
NITDA is also collaborating with the Defence Headquarters and security agencies to develop digital solutions to address security concerns, including the use of drones, artificial intelligence, and other digital resources to combat banditry, abduction, and terrorism, he said.
According to him, the agency’s draft SRAP 2.0 plan aims to establish Nigeria as a digitally empowered nation, with a focus on innovation, national prosperity, and inclusivity.
The director general of NITDA added that, if successfully implemented, this strategy could propel Nigeria into a new phase of digital empowerment and leadership in the global digital economy.
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