BY CHIKA OKEKE, Abuja Kashifu Inuwa The National Information Technology Development Agency (NITDA) has sought stronger partnerships among industry players, academic institutions and innovation ecosystem stakeholders to boost productivity, translate digital literacy into sustainable economic growth and close Nigeria’s digital skills gap. NITDA Director General, Kashifu Inuwa stated this at the MTN Breakfast Session during the just concluded Nigerian Economic Summit (NES32) in Abuja, with the theme: “When Transnationals Invest.” Inuwa harped on the need for a coordinated national strategy for digital skills development, urging stakeholders to move away from fragmented initiatives and adopt a unified approach that aligns education and training with industry demands. He cautioned that the persistent disconnect between academic institutions, industry players and the innovation ecosystem continued to undermine efforts to develop a workforce capable of meeting Nigeria’s changing e...
BY CHIKA OKEKE, Abuja The African Export-Import Bank (Afreximbank) and African Petroleum Producers’ Organisation (APPO) have unveiled the US$5 billion Africa Energy Bank (AEB), to bridge the financing gap while supporting a just energy transition for African countries. At the AEB’s inaugural general meeting held in Abuja, both organisations noted that the Africa Energy Bank underscored the African governments’ determination to secure their energy future. It was also in recognition of the need for significant investments in energy generation and transmission, meant to accelerate industrial growth and harness the tremendous opportunities from the emerging technologies, particularly Artificial Intelligence (AI). Currently, Africa needs US$200 billion investment to close energy gaps and provide efficient energy for its citizens. Regrettably, traditional providers of short- and long-term financing to Africa’s energy sector are withdrawing funding from fossil fuels, even as oil a...