2.5 C
New York
Saturday, December 20, 2025

Buy now

spot_img

Mastercard Executive Advocates Ecosystem-Driven Growth for Africa During Nigeria Visit

Executive and advisory leader and digital transformation expert Unwana Esang has called for stronger collaboration across industries and borders as a critical pathway to achieving sustainable development and digital inclusion in Africa.

Esang made this known following a week-long engagement in Nigeria where he hosted senior colleagues from Mastercard, including Tim Buckler, Jody Forrester, Ebrahim Mohammed Choonara, Acquila Ntsonkota, Joaquรญn Ablรกtico and Branislav Ilic. The team met with partners and clients across key sectors to discuss strategies for driving innovation, scale and impact across Nigeria and the continent.

According to Esang, Africaโ€™s development challenges cannot be solved by isolated efforts, stressing that progress will require coordinated action across multiple sectors including finance, telecommunications, technology and public policy.

โ€œThe Africa we wish to see will not build itself,โ€ he said. โ€œIt will take an ecosystem across geographies and industry verticals โ€” not just individual players โ€” to deliver scalable and sustainable solutions that truly empower the continent.โ€

He explained that engagements with fintech companies, telecommunications providers, banks and technology platforms during the visit demonstrated the growing momentum behind ecosystem-led solutions and reinforced the importance of deep collaboration in unlocking economic opportunities.

Workshops and strategy meetings with partners focused on translating โ€œecosystem thinkingโ€ into practical initiatives capable of delivering measurable impact, with participants examining how strategic alignment among key stakeholders could accelerate innovation and strengthen institutional capacity.

Esang identified several priority areas critical to Africaโ€™s transformation, beginning with the need to strengthen digital ecosystems that connect innovators, regulators, investors and solution providers. He also emphasized the importance of increasing the continentโ€™s adoption of artificial intelligence to enable predictive decision-making, improve service delivery and drive efficiency.

Another major focus, he said, is cybersecurity and fraud intelligence, which he described as essential to sustaining trust in Africaโ€™s growing digital economy. He further highlighted the expansion of digital infrastructure as a means of ensuring that financial and technological services reach underserved communities and rural populations.

In addition, Esang underscored the importance of partnerships between local enterprises and multinational corporations, arguing that collaboration must be grounded in cultural understanding and shared goals. He also called for policy and regulatory frameworks that encourage innovation while protecting consumers.

On entrepreneurship and talent development, Esang said empowering young innovators with access to capital, tools and mentorship would be key to building Africaโ€™s future workforce and technology leaders.

Speaking on Mastercardโ€™s role, he reaffirmed the companyโ€™s commitment to investing in digital and economic inclusion across the continent, noting that long-term impact depends on sustained engagement and listening to local communities.

โ€œAt Mastercard, we hold the belief that investing in these enablers is our route to sustainable impact in powering an Africa that works for everyone,โ€ he said. โ€œOur engagements last week reaffirmed that our commitment to enabling businesses and communities across Nigeria and Africa remains strong.โ€

Esang concluded by calling for continued collaboration among stakeholders and urged industry leaders to remain focused on building systems that deliver inclusive growth.

โ€œLetโ€™s keep building โ€” together,โ€ he said.

He also noted that during the visit, the visiting delegation and the Mastercard Advisors & Consulting Services team in Lagos attended a special screening of the film Osamede, produced by filmmaker Lilian Olubi, in celebration of Nigeriaโ€™s growing creative industry.


Tony Emeka Nwosu

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

[td_block_social_counter facebook="tagdiv" twitter="tagdivofficial" youtube="tagdiv" style="style8 td-social-boxed td-social-font-icons" tdc_css="eyJhbGwiOnsibWFyZ2luLWJvdHRvbSI6IjM4IiwiZGlzcGxheSI6IiJ9LCJwb3J0cmFpdCI6eyJtYXJnaW4tYm90dG9tIjoiMzAiLCJkaXNwbGF5IjoiIn0sInBvcnRyYWl0X21heF93aWR0aCI6MTAxOCwicG9ydHJhaXRfbWluX3dpZHRoIjo3Njh9" custom_title="Stay Connected" block_template_id="td_block_template_8" f_header_font_family="712" f_header_font_transform="uppercase" f_header_font_weight="500" f_header_font_size="17" border_color="#dd3333"]
- Advertisement -spot_img

Latest Articles