News
Coven Works, Shecluded Partner to Lift Tech Women with Financing Options
A US-based Artificial Intelligence (AI) educational FinTech firm, Coven Works Inc, is partnering with Shecluded to provide easy access to financing options for women who want to commence their career journey in Data Science, Chatbot Engineering and Cloud, as well as in Artificial Intelligence (AI).
The limiting factors for women are enormous but not without solutions, hence, the birth of the collaboration, which will afford women across Nigeria, both in urban and rural communities, the opportunity to start their journey of becoming users and creators of technology.
This initiative will in-turn increase economic opportunities and improve the livelihoods of these women, the companies said in a joint statement.
Shecluded is a fintech company that combines easy access to credit with wealth advisory, growth loans and capacity building to provide female entrepreneurs in Africa the necessary tools they need to run a successful enterprise.
According to the Chief Executive Officer of Shecluded, Ifeoma Uddoh, “We want to see more women participate in the careers of the future and enabling them to develop a technology or technical skill is a way to make that happen.
“Through this partnership, we’re giving women the opportunity to upskill, compete in the global workforce, and increase their earning potential towards attaining and enjoying financial freedom.”
In the recent World Economic Forum, Global Gender Report 2021, gender gaps are wider in sectors that require disruptive technical skills. For example, in Cloud Computing, women make up 14 per cent of the workforce; in Engineering, 20 per cent; and in Data and A.I., 32 per cent.
“While the eight job clusters typically experience a high influx of new talent, at current rates, those inflows do not re-balance occupational segregation and transitioning to fields where women are currently underrepresented,” Uddoh said, adding that the current share of women in Cloud Computing has only improved by 0.2 percentage points, while the share of women in Data and AI roles has seen a mild decline of 0.1 percentage points since February 2018.
The Coven Works’ Data Chicks, is an intervention plan created to deliberately bridge the gender gap in technology.
The Country Director of Coven Works, Dunsin Fatuase said: “The goal of this collaboration is to reach 1000’s of women who had aspirations of starting a career in high growth pathways over the next couple of months and through this partnership, we would enable more women to train with Coven Works through the financial options from Shecluded in Data Science, Chatbot Engineering and Cloud and AI, at an affordable rate.”
He further reiterated that “It is clear that both Coven Works and Shecluded have identified a common ground to empower women to become tech-enabled professionals.”
This is a call for women who want to take advantage of the payments option provided by Shecluded to jump start their career pathway in a high-growth tech profession, Uddoh said.
CWG Plc has announced a significant milestone in its commitment to delivering value to shareholders. Following a thorough review of the company’s financial performance and outlook, the Board of Directors has approved a substantial increase of 400per cent in dividend payout to shareholders.
This decision reflects CWG’s confidence in its financial stability, growth trajectory, and ability to generate sustainable returns. By enhancing the dividend payout, CWG aims to reward shareholders for their continued trust and support while reaffirming its commitment to creating long-term value.
Mr. Philip Obioha, Chairman of the Board of Directors at CWG Plc, said, “The decision to approve a 400% increase in dividend payout underscores our confidence in CWG’s performance and outlook. We are dedicated to delivering value to our shareholders and believe that this significant dividend increase is a testament to our commitment to shareholder value creation.”
This increase in dividend payout aligns with CWG’s strategic objectives to prioritize shareholder interests and maintain strong financial discipline. The Board remains committed to prudent financial management and sustainable growth, ensuring that CWG continues to be a reliable investment for shareholders.
As CWG continues to execute its growth strategy and expand its presence in the market, the Board anticipates that the increased dividend payout will further strengthen investor confidence and support CWG’s vision for the future.
CommunicationsWeek Media Limited, a certified global ICT company with over two million online subscribers, is delighted and proud to announce Prof. Yakub Aliyu, as the keynote speaker at Africa’s Beacon of ICT Merit and Leadership Distinguished Lecture series 2024.
Aliyu, will be speaking on the theme: Artificial Intelligence (AI): The Good, The Complex and The Anticipated”, this leans heavily on the fact that AI changing our lives– we just need to know where to look today.
This year’s rebranded Africa’s Beacon of ICT Merit and Leadership Distinguished Lecture/Awards Series is slated for Saturday, May 25, 2024 at the Four Points by Sheraton, Lagos.
The event is the most prestigious annual event that brings together captains of industry in both technology and financial worlds.
According to Ken Nwogbo, CEO, Communication Week Media Ltd, organisers of the ABoICT Distinguished Lecture/Awards Series, “the choice of Prof. Yakub Aliyu is deliberate because of his exceptional career in Artificial Intelligence (AI)”.
He added that, AI is considered to have the potential to instigate a fourth industrial revolution,1 and is dramatically changing people’s patterns of interaction and economic activities.
“The traditional factors of production and physical capital and labour may no longer promote substantial economic growth. It is generally believed that AI will be one of the most important factors determining future economic growth,” he said.
A professor of microelectronics and a scholar-practitioner in artificial intelligence and deep machine learning for industrial applications and high-speed application processors. His research interests include Multimodal AI models for high-efficiency industrial robot applications and Human AI interactions.
He also has adjunct academic professorships at five African, USA, and UK universities. Holds a BS in Applied Physics Electronics from Karlsruhe and A Bello Universities in Germany and Nigeria, an MBA in International Business Management from the University of London, an MSEE (Master of Engineering, Electronics), and a Ph.D. in Electronics Engineering from the University of Wales.
Prof. Aliyu is the global quality director for Bourns Inc., Riverside, California, USA, an electronics system, and components manufacturer. I oversee quality functions in 21 factories worldwide.
He has also held quality and operational management leadership positions at National Semiconductors, Bell Labs-Lucent Technology, Texas Instrument, Global Foundries, and Roper Technologies USA.
Authored and coauthored over 30 Advanced Technology United States-issued patents in High-Speed Application Processors and Contributed to over 40 international impact Journals, chapters, and conferences; FASI, SMIEEE USA, MIEE UK, M. Inst pf Physics Chartered Phys and C Eng UK.
Past lecturers included Dr. Ernest Ndukwe, then executive vice chairman, Nigeria Communications Commission (NCC); Engr. Yomi Bolarinwa, former Director-General of National Broadcasting Commission (NBC); Dr. Jean Luc Fort, CEO at OR System France and a specialist in Counterparty Risk; and Professor Chris Nwagboso, Chairman, Knowledge Factory International, United Kingdom.
Others are: Uche Orji, managing director/chief executive officer, Nigeria Sovereign Investment Authority (NSIA); Biodu Omoniyi, Managing Director/CEO, VDT Communications; Ayotunde Coker, Managing Director, Rack Centre Limited; Peter Adedayo Arogundade, managing director and chief executive officer, Sidmach Technologies Nigeria Limited; Dr. Adewale Obadare, chief visionary officer, Digital Encode and John Obaro, CEO and founder of Systemspecs; Prof. Isa Pantanmi, minister of Communications and Digital Economy; Dr. Seyi Akindeind, co-founder, Digital Encode; Dr Krishnan Ranganath, Regional Director, Africa Data Centres.
Legit.ng recently joined forces with the Shade of Life Foundation to become a voice of autism, and drive advocacy for improved media support during Autism Awareness Month.
Participants at the event
Conversations around media support exploration was led by Joseph Omotayo, head of Department for Human Interest Stories at Legit.ng, and Dr. Eziafakaku Nwokolo, founder and CEO of the Shade of Life Foundation,
This partnership is a response to the concerns raised by organizations like the Shade of Life Foundation about the level of support received from the media in discussing autism as a disability.
While other disabilities may receive attention, autism, with its critical developmental implications often lacks adequate representation in mainstream media.
Recognizing the importance of addressing these concerns, Legit.ng took proactive steps by integrating itself into the essence of autism awareness.
It facilitated a one-hour workshop with Dr. Nwokolo, the founder of the foundation, to deepen our understanding of autism, its various spectrums, and the language boundaries associated with it.
Other steps we took in advocating autism awareness in the media, can be seen in our attached press release.
Legit.ng believes that by amplifying the voices of autism and advocating for better media representation, we can contribute to creating a more inclusive and accepting society for all.
CBN Stops 4 Fintechs from Onboarding New Customers
Bamgbose, BON Boss Faults FCCPC’sDdecision to Review DStv, GOtv Rates
Tribunal Restrains Multichoice from Implementing DStv, GOtv Price Hike
Banks Lose N2.09Bn to Frauds in Q4 2023 – FITC
LG Electronics Brings the Rhythm to Nigeria with K-POP Fiesta
See Full List of Fake Loan Apps Blacklisted By CBN
CBN Sacks another 50 Staff, 117 Disengaged in 20 Days
AfDB, AGF Partner on Female Entrepreneurs’ Access to Finance
Nigeria Plans AI Strategy Workshop for National Development
IMF says Rising Cyber Threats Pose Serious Concerns for Financial Stability
News2 days agoProf. Aliyu, AI Practitioner to Keynote ABoICT 2024
Telecom2 days agoTariff Hike Threat: NCC Urges Telcos to Reduce Operating Cost
Telecom2 days agoThe NCC, Telcos and the Tariff Discourse
Broadcasting2 days agoWhy Multichoice Hiked Subscriptions for DStv and GOtv Packages- FCCPC
E-Financial2 days agoNigerians Trust Bitcoin for Financial Security than Sanks – Report
Telecom2 days agoWale Owoeye Shines among Nigeria’s Top 50 Digital Economy Leaders
E-Business2 days agoPaga Hits N14tri Transactions Value in 15 Years
Uncategorized2 days agoDufil Prima Foods Brings Relief to Indigent Families in Abeokuta