News

AfriTECH 4.0: Blockchain, AI Offer Africa Unprecedented Opportunities – NITDA DG

 

Director-General of the National Information Technology Development Agency (NITDA), Kashifu Inuwa Abdullahi, has highlighted the transformative potential of blockchain and AI in positioning Africa as a global technology leader.

 

In his keynote address, titled “Blockchain Technology & AI: Positioning Africa for the Future,” and delivered at the Africa Tech Alliance (AfriTECH 4.0) Forum held in Lagos recently, Abdullahi emphasized Africa’s unique position to leverage these technologies for economic and social development.

 

With mobile penetration at 80% and a rapidly growing youth population, Africa, he noted, is fertile ground for digital transformation, noting that Blockchain and AI offer unparalleled opportunities to propel Africa into the future as a leader in the global digital economy.

 

“Both blockchain and artificial intelligence are powerful technologies that offer Africa unprecedented opportunities. By strategically integrating these technologies, we can propel Africa forward as a dynamic leader in the global digital economy,” he said.

 

Abdullahi who was represented at the event by Mrs. Rita Shoremi, Head, Startup Innovations and IT solutions, NITDA, South West Zone, outlined the potential of blockchain to address challenges in financial inclusion, governance, and property rights across the continent arguing that with over 57% of Africans unbanked, blockchain can extend financial services to underserved regions, adding an estimated $300 billion to Africa’s GDP by 2025.

PHOTO: DG of NITDA’s representative: Mrs. Rita Shoremi, Head, Startup Innovations and IT solutions, NITDA, South West Zone.

 

“Africa stands at a unique juncture. Our continent has seen remarkable digital growth, with mobile phone penetration reaching 80% across sub-Saharan Africa according to a World Bank, 2022 report.

 

“Africa is also home to one of the world’s fastest-growing youth populations, over 60% of whom are under the age of 25 by a UN Population Data of 2022. These dynamics offer a fertile ground for digital transformation, and emerging technologies like blockchain and AI have the potential to redefine key sectors that fuel Africa’s economy,” Abdullahi stated.

 

Blockchain technology, he said, is gaining global recognition for its potential to bring transparency, security, and efficiency to multiple sectors, noting that for Africa, the applications of blockchain are wide-ranging and transformative especially in   combating corruption and securing land ownership through transparent digital records.

 

On Artificial Intelligence and its role at driving productivity and innovation, the NITDA DG averred that AI, as a cornerstone of the Fourth Industrial Revolution, is expected to contribute over $15 trillion to the global economy by 2030, adding that for Africa, AI can transform critical sectors, from healthcare to agriculture and education, driving progress and closing infrastructural gaps.

 

Abdullahi highlighted AI’s transformative role in agriculture, healthcare, and education, and stressed that AI-driven solutions are improving crop yields and optimizing resources in agriculture, while AI diagnostics help bridge healthcare gaps.  Additionally, AI-powered education platforms can address Africa’s shortage of teachers by providing personalized learning at scale.

 

To fully capitalize on blockchain and AI, Abdullahi emphasized the need for supportive policies, strategic partnerships, and youth empowerment and noted that NITDA’s eight-pillar strategy aligns with Nigeria’s goals for digital literacy, infrastructure access, and global research collaboration, with a goal of achieving 70% digital literacy by 2027.

 

He opined that there has not been a time when the government of the day in Nigeria, has shown much interest as well as being intentional about economic transformation rooted in technical efficiency and innovation than now.

 

“The focus on AI research with an ambitious global target is just one aspect. Presently we are already operating a centre called The National Centre for Artificial Intelligence and Robotics which has remained focused on supporting young entrepreneurs with innovative ideas as well as building the capacity of young Nigerians in the Area of AI,” he said.

 

Abdullahi insisted that while technological innovation is one single factor that can change the story of Nigeria as a nation, AI is the force to power these innovations, democratize its access and catalyse the nation into a new horizon.

 

He expressed the hope for a future where the collaboration between governments and the AI research community leads to new frontiers of knowledge and economic prosperity and underscored Africa’s potential as a pioneer in the digital revolution.

 

While urging stakeholders to harness these technologies to drive economic prosperity and social inclusion, Abdullahi tasked participants by declaring: “Africa’s potential in the digital age is boundless. By embracing blockchain and AI, we can create a future where technology serves as a bridge to economic growth, social inclusion, and sustainable development.

 

“We are not just spectators in the digital revolution; we are pioneers. Let us seize this moment to place Africa at the forefront of global innovation.”

Leave a Comment

Your email address will not be published.

You may also like

Announcements Business Economy

ProvidusBank Launches N50 Billion Commercial Paper Program for Investor Subscription: A Crucial Move for Nigeria’s Economy

post-image

ProvidusBank, one of Nigeria’s leading financial institutions, has announced the launch of a N50 billion commercial paper program, offering investors the opportunity to subscribe to short-term debt securities issued by the bank. The program, which will be available for investor subscriptions, is aimed at raising funds to support the bank’s growth and operations while contributing to the broader stability and growth of Nigeria’s economy.

Key Features of the Commercial Paper Program

The N50 billion commercial paper program is designed to raise funds for general corporate purposes, including working capital needs and the funding of key projects. The program will provide investors with a secure investment avenue while ensuring that ProvidusBank maintains the financial strength necessary to drive its operations and support Nigeria’s economic development.

The commercial paper is being offered with attractive interest rates and…

Read More
Business Culture Economy

FG, WORLD BANK UNITE TO DIGITALLY EMPOWER YOUNG NIGERIANS AND DRIVE JOB CREATION

post-image

On the sidelines of the World Bank/IMF Spring Meetings and following the institution’s Development Committee session, the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, reaffirmed Nigeria’s collaboration with the World Bank to advance a shared agenda focused squarely on creating high-quality jobs for young Nigerians.

“Employment generation must be a central pillar of development,” Mr. Edun told journalists, highlighting that Finance Ministers—who serve as the Bank’s Governors—have collectively made this their top priority. “This aligns seamlessly with President Bola Ahmed Tinubu’s Renewed Hope Agenda, which places job creation at the core of our economic revitalization efforts.”

Mr. Edun underscored the pivotal role of multilateral financial institutions in shaping these global development priorities. “We are scaling up efforts with the World Bank to create sustainable jobs and stimulate inclusive growth,” he said, adding that…

Read More
Business Economy Technology Technology Trends Telecoms Travels Trends

Capacity Crowds Mark Monumental Opening of GITEX ASIA x Ai Everything Singapore – Cementing New Era For Asia’s Tech Industry 

post-image

 

  • The region’s largest inaugural tech, startup, and digital investments event is officially underway at Marina Bay Sands after action-packed opening day

 

After weeks of increasing anticipation among the regional and international tech communities, the first-ever GITEX ASIA x Ai Everything Singapore began in blistering fashion on Wednesday as capacity crowds enjoyed an action-packed opening day agenda. Organised by Dubai World Trade Centre (DWTC) and KAOUN International in affiliation with GITEX GLOBAL, the Asian inaugural edition of the world’s largest show is running at Marina Bay Sands, Singapore from April 23-25.

Under the theme ‘Advancing Bold Partnerships in Asia‘, the region’s largest inaugural tech, startup, and digital investments event welcomes 700 enterprises and award-winning startups from 20 industry sectors and 70 countries. Alongside 400 global expert speakers and 250 leading investors managing US$200 billion in assets under management (AUM), it stands to present unparalleled access to new markets, capital, talent, relationships, and…

Read More
Business Economy Finance Fintech

SANEF’s Uche Uzoebo Highlights AI as Next Frontier in Advancement of Financial Inclusion

post-image

With progress made in accelerating financial inclusion to unbanked and underbanked communities in Nigeria, the Shared Agent Network Expansion Facilities Limited (SANEF) has posited Artificial Intelligence (AI) as the next step to advancement in financial services in the country.

Speaking at the just concluded Payments Forum Nigeria (PAFON 2.0), Uche Uzoebo (Mrs.), MD/CEO, SANEF Limited, noted that as technology evolves rapidly within the financial ecosystem, Financial Inclusion must continue to be at the center of the nation’s progress.

According to her, agent banking has been a game-changer in expanding financial inclusion across Nigeria. “By deploying agents in underserved areas, we have brought financial services and banking products such as account opening, cash in, cash out, bill payment, transfers and other services closer to the unbanked and underserved.”

With the Agent Banking model, SANEF has bridged critical gaps by reducing the need for long queues…

Read More
Business Economy

“You Can Reinvent Yourself in Just Four Years,” Says Moppet Foods CEO Roberta Edu Oyedokun

post-image

Mrs. Roberta Edu Oyedokun, CEO of Moppet Baby Food Firm in Lagos, has shared an inspiring personal revelation about career transformation and self-development. While drafting a professional profile recently, she realized how much her career had evolved in just four years—a testament, she says, to the power of consistency and resilience.

In her reflection, Mrs. Oyedokun highlighted her current achievements: driving Moppet Foods’ expansion into major retail chains, securing government-backed partnerships with Community Health Centers, and forging alliances with NGOs. She also serves as an Ambassador for the Lagos State Health Insurance Scheme, advocating for family health access.

What struck her, however, was the absence of any mention of her previous decade-long experience in engineering, technology, media, and production. “Imagine if I didn’t have a profile before now,” she mused. “Yet, in my 30s, I built this resounding profile in just four years.”

Addressing those who might doubt such rapid transformation, she…

Read More
Business Economy

MENXTT TECHNOLOGY NG TRANSFORMS THE NIGERIAN SME LANDSCAPE WITH SMART IT SUPPORT, DIGITAL PRESENCE, AND DEVICE REPAIRS

post-image

In the heart of Nigeria’s commercial capital, Ikeja, a technology-driven force is steadily redefining how small and medium-sized enterprises (SMEs) operate, communicate, and scale. Menxtt Technology NG, a proudly Nigerian-owned tech solutions provider, is delivering cutting-edge yet affordable IT support, digital marketing, website deployment, and device repair services to SMEs across the country.

From building strategic web assets that attract clients, to managing digital footprints on social platforms, to extending the life cycle of smartphones and laptops through expert repair services, Menxtt Technology NG is proving that cost-effective tech solutions don’t have to compromise on quality.

Bridging the Digital Divide for SMEs

The operational challenges faced by SMEs in Nigeria are enormous—high costs of tech deployment, inadequate in-house IT staff, unreliable online visibility, and recurring device breakdowns. These…

Read More
Business Travels Trends

Abia Government Unveils Modern Number One Roundabout on Port Harcourt Road, Aba

post-image

The Abia State Government today unveiled significant upgrades to Port Harcourt Road in Aba, capped by the completion of the new Number One Roundabout constructed by Julius Berger Nigeria PLC. The project forms part of Governor Dr. Alex Otti’s broader modernization drive for the state’s commercial hub.

Officials from the Ministry of Works and Transport explained that the roundabout incorporates contemporary engineering design, durable paving materials and landscaped green spaces to improve traffic flow and enhance civic aesthetics. Although some residents have compared its design unfavorably to more elaborate international models shared on social media, authorities maintain that the structure’s unique features reflect local context and long‑term maintenance needs.

Port Harcourt Road, long plagued by potholes and poor drainage, underwent a comprehensive rehabilitation under the Otti administration beginning in late 2024. Over three kilometres of carriageway have been reconstructed, with new drainage systems, pedestrian sidewalks and street lighting installed along the…

Read More
Business Culture Economy Society Technology Technology Trends

NCC and NEMA Join Forces to Make Emergency Response Faster, Smarter, and More Human-Centered

post-image

In a heartfelt meeting held at the headquarters of the Nigerian Communications Commission (NCC), two of Nigeria’s key institutions came together with one shared goal: to save lives through better communication.

Dr. Aminu Maida, the Executive Vice Chairman and CEO of the NCC, warmly received Mrs. Zubaida Umar, Director General of the National Emergency Management Agency (NEMA), as both leaders led conversations about a stronger, more connected Nigeria—especially in times of crisis.

For a country as large and complex as Nigeria, emergency situations—floods, accidents, natural disasters—can strike without warning. When they do, timely and accurate information can mean the difference between life and death. That’s why this meeting wasn’t just routine protocol; it was a pivotal step toward giving Nigerians a safer future.

At the heart of their conversation was the plan to develop a

Read More