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Tech investors eye Africa's education and financial sectors

12/1/2021

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 Iyinoluwa Aboyeji, the general partner of the Nigeria-based Fund for Africa’s Future, an investment vehicle focused on African start-ups, said investment in education technologies will offer attractive returns as the sector bounces back.
 
“The hardest hit sector in the COVID was education because they were so unprepared for the tsunami,” Aboyeji told the conference, adding that technology solutions to support learning in all institutions is low-hanging fruit…
 
More details through:
https://www.reuters.com/article/idUSKBN29H1NI
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Huawei, Galaxy Backbone commission ICT laboratory in Abubakar Tafawa Balewa University Bauchi

3/11/2020

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Huawei Technologies Company Nigeria Limited in collaboration with Galaxy Backbone Limited have commissioned the Huawei ICT Academy in Abubakar Tafawa Balewa University (ATBU). The commissioning followed the donation of a world class ICT laboratory equipment to the ICT academy in ATBU which is said to be focused on helping students grow in their understanding of IT…
 
More details through:
https://businessday.ng/technology/article/huawei-galaxy-backbone-commission-ict-laboratory-in-abubakar-tafawa-balewa-university-bauchi/
​
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NAICOM earmarks $0.92m to set up insurance dept at Ojukwu Varsity

19/10/2020

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National Insurance Commission (NAICOM) said it has mapped out about $0.92 million (N350million) for the establishment of the Insurance Department of the Chukwuemeka Odumegwu Ojukwu University (COOU).
 
Mr Motajo Adewale, a Deputy Director at the Corporate Head Office, who led the team on a visit to the managment of the university, disclosed this at the Igbariam Campus of the university. Adewale said that the Commission had agreed to endow a building at the university to enable it establish Insurance Programme at Degree level…
 
More details through:
https://www.sunnewsonline.com/naicom-earmarks-n350m-to-set-up-insurance-dept-at-ojukwu-varsity/
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FG to Provide Affordable Learning Devices for Students

3/9/2020

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The federal government has said it is working with state governments and some development partners to improve the country’s education system by making it more digitally accessible as part of its response to the effect of the COVID-19 pandemic on the sector.
 
Senior Special Assistant on Education Interventions to President Muhammadu Buhari, Obafela Bank-Olemoh, who disclosed it, said going forward, one of the key areas that Nigerians are going to see a lot of funding from both the federal and state governments towards the education sector, would be in the area of devices. “How do we get cheap and affordable devices into the hands of school students? It’s a key thing that we are working on,” he said.
 
Bank-Olemoh who spoke at MTN Nigeria’s The Revv Programme masterclass on ‘Education without Borders and Boundaries’, said: “The Revv Programme is an initiative from MTN Nigeria to help small businesses rethink and relearn their operations to enable them mitigate against the effect of the COVID-19 pandemic using a four-pronged approach that includes master classes, access to market, productivity tools support and advisory initiatives…
 
More details through:
https://www.thisdaylive.com/index.php/2020/09/03/fg-to-provide-affordable-learning-devices-for-students/
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Nigeria, Australia to sign merit scholarship pact in April 2020

27/2/2020

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The long-standing friendly relations between Nigeria and Australia are billed to be accorded an official seal in April in Abuja when both countries are expected to sign a memorandum of understanding (MoU) on the merit scholarship scheme administered by the Australian Government.
 
The document is expected to provide a special scholarship package for Nigerian post-graduate students.
The scheme is expected to be implemented this year with the first 200 Nigerian recipients arriving in Australia in December 2020.
 
It is expected that Nigeria’s education minister, Adamu Adamu, and the Australian high commissioner to Nigeria, Claire Ireland, are billed to meet at a round-table in Abuja to sign the MoU…
 
More details through:
https://businessday.ng/education/article/nigeria-australia-to-sign-merit-scholarship-pact-in-april-2020/
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FG, IBM Sign MoU for Digital Skill Development

20/1/2020

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The federal government through the Ministry of Communications and Digital Economy, has signed a memorandum of understanding (MoU) with Tech giant, International Business Machines (IBM) West Africa. The deal is for partnership and collaboration in the area of digital skills development in Nigeria.
 
The Minister of Communications and Digital Economy, Dr. Isa Pantami, who signed on behalf of the federal government, said the partnership would give impetus to the digital, innovation and entrepreneurship skills of the economic development plan of President Muhammadu Buhari…
 
More details through:
https://www.thisdaylive.com/index.php/2020/01/20/fg-ibm-sign-mou-for-digital-skill-development/
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Henley Business School to Deepen Presence in Nigeria

9/12/2019

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London-based Henley Business School has disclosed plan to deepen its presence in Nigeria by leveraging its alumni network comprising over 400 former students.
 
Established in 1945, the University of Reading of business school is ranked 27 among the top 100 best schools in the world. Presently, the school boasts of 80,000 alumni network spread across 160 countries…
 
More details through:
https://www.thisdaylive.com/index.php/2019/12/09/henley-business-school-to-deepen-presence-in-nigeria/
​
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Korea invests $8.45m in Abuja training centre

22/11/2019

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The Korea International Cooperation Agency has invested $8.45m in the construction of an e-government centre on the premises of the Public Service Institute of Nigeria in Abuja.
 
A statement by the Ministry of Communications and Digital Economy said another $1m was expended on the refurbishment of the centre, which was donated to the Nigerian government for the training of workers.
 
At the inauguration of the centre, the Country Director, KOICA, Woochan Chang, said the unveiling of the e-government centre was historic because it was as a result of the partnership between his government and Nigeria…
 
More details through:
https://punchng.com/korea-invests-9-45m-in-abuja-training-centre/
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US universities invest $9m on Nigerian students

26/9/2019

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The United States has said that its universities spend about $9 million on scholarship on Nigerian students as about 13, 000 Nigerian students seek higher education in the US every year.
 
Cultural Affairs Officer of the United States Embassy in Nigeria, Malia V Heroux, said this during events organised to mark 20th annual Education USA College Fair 2019, with the theme: “Solidifying Connections and Exploring New Frontiers,” which held in Abuja on Wednesday.
 
She said, “the 9 million dollars are from US universities because the US government does not do scholarship but individual US universities do.”…
 
More details through:
https://businessday.ng/news/article/us-universities-invest-9m-on-nigerians-students/
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Nigeria, India to resuscitate over 500 skill centres

29/3/2019

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The Federal Government is seeking the collaboration of the Indian Government to boost Nigeria’s skill acquisition centres to enhance job creation across the country.
 
The Minister of Labour and Employment, Dr Chris Ngige, who spoke when he received the Indian High Commissioner to Nigeria,  Abhay Thakur, said the partnership would go a long way in resuscitating the over 500 skill acquisition centres across the country…
 
More details through:
http://thenationonlineng.net/nigeria-india-to-resuscitate-over-500-skill-centres/
​
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