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AfriTECH2021 Seeks Urgent Steps to Drive Inclusive Digital Economy
Stakeholders in the information and communication technology industry have stressed that accelerating innovation remains the best path to drive inclusive growth.
L-R: Mr. Chinenye Mba-Uzoukwu, president, Institute of Software Practitioners of Nigeria (ISPON); Engr. Oluwatoyin Asaju, director, Spectrum Administration at NCC and Dr. Ikechukwu Adinde, director, Public Affairs at NCC, during AfriTECH2021 in Lagos recently
The tech experts among who are C-Suite executives, founders, presidents of companies/organisations, presidents of industry associations, startups/entrepreneurs and government officials, and others., unanimously agreed on this at the 2021 Africa Tech Alliance Forum (AfriTECH2021) held in Lagos on Wednesday October 13, 2021, highlighting that building infrastructure to extend internet access in underserved areas will drive digital transformation across board.
Prof. Umar Garba Danbatta, executive vice chairman of the Nigerian Communications Commission (NCC), focusing his presentation on “NCC as a Digital Transformation Crusader and Nigeria’s in-Road to 5G Deployment,” stated that, following the advent of COVID-19 pandemic, there has been a change in the dynamics of people’s interaction, especially on the Internet.
The EVC represented by Engr. Oluwatoyin Asaju, director, Spectrum Administration at NCC, said that almost every means of communication has become virtual in one way or the other.
“Already, we are set for the auction of some spectrum slots in the 3.5GHz band. The other day I was at the National assembly, I informed the senate that we were 95 per cent ready for 5G. Today as we speak, I am delighted to tell you that we are already at 97 percent completion,” Danbatta said at #AfriTECH2021.
“The Committee set up to auction the Spectrum has already developed an Information Memorandum (IM) which is already published for inputs and comments from all industry stakeholders. Prior to this, a 5G deployment plan was developed and we have since secured Federal Government’s approval,” he said.
Mallam Kashifu Inuwa Abdullahi, director general, National Information Technology Development Agency, (NITDA), said that with advent of new technologies occasioned by the fourth industrial revolution, it has become imperative to increase Africa’s level of preparedness and develop capacity of the youth.
Abdullahi who was represented by Dr. Usman Gambo Abdullahi, director IT Infrastructure Solutions at NITDA, spoke on ‘Reskilling Africa’s Youth for Future Jobs from NITDA’s perspective’ adding that the fourth industrial revolution will continue to fundamentally alter the way human begins live, work, and relate to one another.
He said, “We need to look at the educational sector and focus more on skills and research that can be used to develop the economy. People should not see education as the end but means to the end. We need to look for ways to disabuse people’s mind on paper qualification and inculcate in them those skills required for the imminent industrial revolution and also focus more on science and technology.”
In her keynote address anchored on the Forum’s theme: Embracing Change and Digital Transformation in the New Normal, Olatomiwa Williams, the Country Manager, Microsoft Nigeria, said that COVID-19 has happened with different experiences, but there are a lot of opportunities for the Continent.
She said leveraging technology to ensure that the continent is actually accelerating the digital economy potentials cannot be over-emphasised
“Looking at the impact of COVID-19 and how it has accelerated digital transformation and based on research and engagements globally, two years of digital transformation was achieved within two months. What does that tell us? It tells us that because we were able to embrace the change that COVID brought, we were able to make those changes happen. These changes continue to accelerate. So, it means that an organization can no longer do business as usual. Everyone needs to embrace digital transformation at a fast reach”, the Microsoft Country Manager said.
Zoho Corporation also hosted a workshop during AfriTECH2021. Andrew Bourne, Regional Manager at Zoho Africa, said that for organizations large and small, the year 2020 was the longest year ever however the quick lesson is the urgent need to reorient the workforce to a new way of working.
“It came swiftly with playbooks being written and rewritten depending on what leaders were learning from government authorities, medical professionals, and from their own employees.
With a reference to Forbes’ report, he said: “Millennial currently hold the largest purchasing power, but Gen-Z is close behind. The group, which was born between 1996 and 2010, already holds $44 billion buying power ($600 billion when considering their influence on their parents’ spending) and will hit the workforce and become powerful consumers in the next few years. In the next year, they will account for 40% of all U.S consumers. To succeed, companies need to know how to tailor a great consumer experience for Gen-Z”.
Andrew also demonstrated how to drive customer loyalty through a CRM system. Through this means new customers get introduced to the company through a ‘promoting’ customer which could be triggered by word of mouth, social media recommendations or customer testimonial.
In his part, Prof. Muhammed Abukakar, managing director and ceo, Galaxy Backbone Limited, has expressed the company’s preparedness to provide ICT infrastructure and services to public institutions and the underserved communities in Nigeria.
Abukakar was speaking on ‘Boosting Cloud Infrastructure for Digital Economy through Partnerships’ through a representative, Mr. Timi Fadeyi, head DataCentre at Galaxy Backbone, said “We need to work smarter, faster and simpler – a combination of a hybrid mode of working and harnessing relationships; virtual, physical, both.
“Artificial Intelligence is reshaping value chains, industries, communities, countries and the works entirely. You also need to secure your data; secure your entire digital experience, a combination of technology and you.
Other key industry stakeholders participated at the one-day Forum, which also featured exhibition by some sector players such as Zoho Corporation, Medallion Communications, Layer3 and Notion Technology Limited (representatives of American #1 Technology company – Comway – and Hsv Products)
The AfriTECH2021 had Zoho as the lead sponsors received supports from the Nigerian Communications Commission (NCC); the National Information Technology Development Agency (NITDA); Galaxy Backbone Limited, as partners, also sponsored by Rack Centre, Digital Encode, Cloudflex Computing Services Limited, Zinochrome International, Layer3, Notion Technology Limited and Medallion Communications.
Mr. Peter Oluka, Editor of TechEconomy.ng and the convener of AfriTECH said that Africa must play leading role in the fourth industrial revolution by embracing emerging technologies such as 5G, Internet of Things; Cloud Computing; Quantum Computing Augmented/Virtual Reality which are also playing a critical role in improving remote communication over the internet with great user experience.
He said that the recent events around COVID-19 Pandemic demonstrated why the government and the private sector must embrace digital transformation.
Vivo, Chinese smartphone maker has signed a memorandum of understanding (MoU) with Credit Direct, Nigerian consumer finance company to launch a device financing programme in the country.
L-R: Toni Liu, CEO, vivo Nigeria, and Chukwuma Nwanze, MD/CEO, Credit Direct, at the MoU signing in Lagos
This initiative aims to remove barriers to smartphone ownership while supporting Vivo’s expansion strategy in Nigeria.
Under the terms of the agreement, customers can purchase a Vivo smartphone by paying 20% upfront and spreading the remaining balance over six months.
Credit Direct will provide the financing.
Both companies target sales of more than 200,000 devices in the first year.
“People who need smartphones but cannot pay upfront can now do so through a payment plan that does not strain their monthly income. Our mission has always been to make financial solutions a universal opportunity, and this is exactly what this represents in practice. I am truly excited about what we can achieve together,” said Chukwuma Nwanze, chief executive officer of Credit Direct.
This initiative comes as smartphone financing programs gain momentum across Africa, where device affordability remains a key barrier to mobile internet adoption.
According to the GSMA, the median cost of an entry-level smartphone in Nigeria fell from $84 in 2018 to $18 in 2024, reducing its share of average monthly income to 26%.
However, currency depreciation and rising living costs have offset much of this progress.
For the poorest 40% of Nigerians, an entry-level smartphone still represents 56% of monthly income, while it accounts for 73% for the poorest 20%, highlighting persistent affordability constraints among vulnerable households.
Despite these challenges, smartphone ownership reached only 27% in Nigeria in 2024, according to the GSMA, leaving significant room for growth.
Data from StatCounter shows that Vivo held a 1.18% market share at the end of March 2026.
The company remains far behind market leader Tecno with 18.72%, followed by Infinix at 16.28%, Samsung at 15.4%, Apple at 14.15%, and Xiaomi at 8.17%.
Other players such as Oppo, Itel, and Huawei also operate in the market.
Nigeria’s foremost payments and financial inclusion dialogue platform, Payments Forum Nigeria (PAFON 3.0), will hold this Friday, April 24, 2026, at the prestigious Lagos Oriental Hotel, Lekki Road, bringing together regulators, fintech leaders, banks, policymakers, agent networks, cybersecurity experts, innovators, and ecosystem stakeholders to shape the future of digital payments in Nigeria.
Payments Forum Nigeria (PAFON 3.0
With the theme: “Fair Digital Payments as a Catalyst for Deepening Financial Inclusion in Nigeria,” PAFON 3.0 comes at a defining moment for the country’s digital economy as stakeholders seek practical pathways to close the inclusion gap, strengthen trust in payment systems, and accelerate access for underserved populations.
Why PAFON 3.0 is Different
“Unlike routine conferences, PAFON is a solutions-driven forum designed to bridge policy conversations with market realities.
“The event uniquely convenes fintech operators, agent banking networks, cooperatives, payment innovators, cybersecurity professionals, and thought leaders under one roof to tackle real challenges affecting Nigerians at the grassroots”, said Peter Oluka, co-convener of Payments Forum Nigeria.
“From digital trust and cybersecurity to agency banking, embedded finance, stablecoins, eNaira, SME growth, and healthcare financing, PAFON 3.0 is positioned as one of the most strategic gatherings in Nigeria’s payments ecosystem this year”, Oluka added.
High-Profile Keynote Speakers Confirmed
This year’s edition will feature a distinguished lineup of keynote speakers and industry leaders, including Prof. Adewale Peter Obadare, chief visionary officer, Digital Encode, and Dr. Jameelah Sherrief-Ayedu, vice president, FintechNGR & CEO, Credit Registry
Other confirmed speakers include, Dennis Ajalie, managing director, TeamApt Ltd.; Mr. Chika Nwosu, managing director, PalmPay Nigeria; Uche Uzoebo, MD/CEO, Shared Agent Network Expansion Facilities (SANEF Limited): Special Guest of Honour; Chike Onwuegbuchi, Chairman, Nigeria Information Technology Reporters Association of Nigeria (NITRA); Mojeed Abayomi Agboola, national president, Financial Inclusion Agents Multipurpose Cooperative Society (FIAMCS); Ibirogba Oluwagunwa, chairman Lagos Chapter, Association of Mobile Money and Bank Agents in Nigeria (AMMBAN); Sarafadeen Atanda Fasasi, and president, Association of Financial Inclusion Agents of Nigeria (AFIAN).
Fireside Chat on Africa’s Next Innovators
Another standout session will explore the future of digital currencies and regional interoperability: Stablecoins vs. eNaira: Orchestrating a Unified Digital Payment Rail for West Africa
This special fireside chat, hosted in collaboration with Lagos Blockchain Week, promises fresh perspectives on the next phase of Africa’s payment innovation journey.
Chuwuemeka Enoch Mbaebie, Lead convener of LBW will host the session alongside Senator Ihenyen, Lead Partner of Infusion Lawyers and Founding Trustee of the Virtual Asset Service Providers Association (VASPA); Victoria Oluebube Igboanugo, marketing lead, Lagos Blockchain Week; Chidubem Emelumadu, ecosystem lead (Africa), Lisk, and Harrison Obiefule, Nigerian lead for Superteam.
More Activities Lined Up
Attendees will also experience product demo of Myitura Healthcare Financing Solution;
Townhall Meeting on The State of Agency Banking in Nigeria led by AMMBAN; Goodwill messages from leading institutions and industry associations, and strategic networking with decision-makers across banking, fintech, regulation, media, and innovation ecosystems
PAFON 3.0 is expected to attract C-suite executives, startup founders, regulators, investors, digital payment operators, development institutions, policymakers, and professionals seeking to understand where Nigeria’s payment future is heading.
Participation
Participation is free.
The application deadline for the fifth edition of the MTN Media Innovation Programme (MIP) has been extended to April 25, 2026, organisers have announced.
MTN Nigeria Media Innovation Programme
The extension offers additional time for qualified media professionals and digital content creators across Nigeria to apply for the fully funded programme aimed at advancing storytelling and media innovation.
The initiative is sponsored by MTN Nigeria in partnership with the School of Media and Communication, Pan-Atlantic University (PAU).
Organisers said the 2026 cohort would admit 25 fellows, an increase from the previous 20, in line with MTN Nigeria’s 25th anniversary and its continued commitment to strengthening the country’s media ecosystem.
Launched in 2022, the six-month certificate programme provides participants with training in media innovation, leadership and digital transformation.
It features academic sessions at PAU, industry engagements and an international study visit, including sessions at the University of Johannesburg.
According to the organisers, the programme has produced a growing network of alumni contributing to Nigeria’s media landscape through leadership roles, new media ventures and impactful storytelling.
The programme is open to practitioners across print, broadcast, digital and social media, with applicants expected to demonstrate a strong commitment to innovation and professional development.
Interested applicants can submit their entries through the School of Media and Communication website.
Shortlisted candidates will undergo a rigorous selection process, with successful applicants expected to commence the programme in May 2026.
Nigeria CommunicationsWeek reports that the initiative is part of broader efforts to equip media professionals with the skills needed to adapt to the evolving digital economy.
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