By Dr. Joseph Ogundu

Rwanda’s journey from the ashes of civil war to a thriving, unified nation is nothing short of remarkable. When the brutal conflict ended, the country’s leaders made a conscious decision to abandon ethnic identities and embrace national consciousness. They prioritized unity and cohesion, ensuring that ethnic differences took a back seat to the greater goal of building a progressive, harmonious nation.

The United States offers a similar lesson in the aftermath of its civil war. American leaders worked tirelessly to reconcile their divisions, fostering a collective national identity. Over time, this effort helped to create one of the most dynamic and tolerant societies in the world, where diversity is celebrated as a strength.

In stark contrast, Nigeria stands as an unfortunate example of what happens when national unity is neglected. After the civil war, instead of fostering reconciliation and unity, Nigerian leaders opted for sloganism over genuine nation-building. They promoted ethnic and religious jingoism, anchored in systemic discrimination, injustice, and inequity. Policies like the infamous abandoned property program and the indigenization agenda were weaponized to marginalize certain groups and favor others along ethnic lines. These policies entrenched resentment and deepened divisions, setting the stage for a fractured nation.

The post-war leaders’ divisive policies created a society where ethnic and religious identities overshadow national loyalty. Instead of fostering inclusivity, they nurtured a “winner-takes-all” mentality, where survival and supremacy of ethnic groups became the primary focus. Over five decades later, Nigeria remains mired in ethnic distrust, regional hostilities, and religious animosities. The Nigeria-Biafran war ended 54 years ago, yet the country is more divided today than it was in 1967.

In contrast, Rwanda shines as a beacon of hope for the continent. Under the leadership of President Paul Kagame, the country has emerged as an example of what is possible when leaders prioritize unity and fairness. Rwanda’s commitment to inclusivity and collective progress has made it a model for post-conflict recovery and nation-building in Africa.

Nigeria’s leaders could learn a great deal from Rwanda’s example. Building a unified and prosperous nation requires intentional effort, visionary leadership, and policies that prioritize the common good over sectional interests. As we watch Rwanda’s progress with admiration, it is imperative for Nigerians to reflect on our missed opportunities and chart a new course toward genuine national unity.

I salute President Kagame and the resilient people of Rwanda for their commitment to creating a nation that works for all. May they continue to inspire others across Africa in the quest for peace, inclusivity, and progress.

 

ZORACOM, a leading organization in Nigeria’s cybersecurity and threat mitigation sector, proudly announces its representation at MWC2024, the continent’s premier technology event held in Barcelona, Spain. Headed by John Nwachukwu, the company’s main executive, ZORACOM’s expert team participated in this significant gathering to showcase its commitment to advancing cybersecurity solutions.

As part of ZORACOM’s dedication to continuous growth and collaboration in the technology sector, the company leveraged its presence at MWC2024 to engage with global technology leaders and forge strategic partnerships in the cybersecurity domain. This participation aligns with ZORACOM’s mission to deliver world-class solutions to its clients in Nigeria by staying abreast of the latest technological advancements.

Commenting on the event, John Nwachukwu stated, “We are proud to be among the few Nigerian tech firms represented at this prestigious event in Europe. ZORACOM is dedicated to reinventing itself and providing cutting-edge solutions to our clients. Our engagement at MWC2024 has enabled us to initiate several B2B agreements with prominent OEMs and business brands, and we are confident that these collaborations will benefit our clients in the near future.”

With a decade of operations in the industry, ZORACOM has solidified its position as a premier cybersecurity solution provider for various sectors in Nigeria, including fintech and telecommunications. Despite its relatively short tenure, ZORACOM has achieved significant milestones, demonstrating its commitment to innovation and excellence within the ecosystem.

ZORACOM is a leading organization specializing in cybersecurity and threat mitigation solutions in Nigeria. With a focus on innovation and client satisfaction, ZORACOM delivers comprehensive cybersecurity services to a diverse range of industries, ensuring the protection of critical assets and data.

Anthony Emeka Nwosu

 

 

 

Fintrak Software Limited, an indigenous financial technology firm based in Lagos with an international footprint in various African country recently held banking and financial industry of Rwanda in awe with the reintroduction of their solution known as ENTERPRISE PERFORMANCE MANAGEMENT SOLUTION. A software application that is designed for businesses to boost productivity and reduce human error in all the areas of their enterprise. The Fintech also presented their credit management solution known as CREDIT MANAGEMENT SOLUTION, the event was held at the KIGALI MARRIOT HOTEL, in the Rwandan capital City.

Speaking to the Rwanda financial ecosystem, the company described the Credit management solution as a software that was designed to help banks meet the need to identify, measure, monitor and control credit risk as well as to determine that they hold adequate capital against these risks and that they are adequately compensated for risks incurred. The Credit Risk 360 solution is Web based and can be easily accessed from all branches of the bank without separate installations on branch-by-branch basis.

“Banks are increasingly facing credit risk (or counter-party risk) in various financial instruments other than loans, including acceptances, inter-bank transactions, trade financing, foreign exchange transactions, financial futures, swaps, bonds, equities, options, and in the extension of commitments and guarantees, and the settlement of transactions”, they added.

Bimbo Abioye, the Group Managing Director of Fintrak used the opportunity to address Rwandan stakeholders on various features of their solutions such as Portal Driven Loan Origination, Online Loan Appraisal and documentation, Credit rating, mobile Loan approval and other areas of loan management such as SME Digital lending and disbursement.

On enterprise solution they focused on key features such as cost allocation, balanced scorecard, product profitability reports and flexible transfer pricing. All these features are embedded in the solution to make business seamless.

FinTrak Software is a global Financial Technology organization providing innovative technology and business solutions to financial institutions in the financial services sector and enterprises across continents. FinTrak Software is a global company, with business offices in Nigeria, Ghana and Gambia. Armed with and army of software engineers and professionals with competencies across banking, finance, audit, consulting and software development, FinTrak Software is on a mission to support organizations and states with technologies and intellectual strength required to enable them surpass their stakeholders’ expectations.

 

 

ANTHONY EMEKA NWOSU

 

Rwanda, one of the major Sub Saharan Africa’s reference point and a country that has demonstrated that it can rise out war seamlessly and building a resilient economy appoints a Nigerian , Obinna Ukwuani to pilot critical portfolio in their apex bank, Bank of Kigali. A testament of a nation putting square pegs in square holes which is rare in sub Saharan African nations riddled with tribalism and nepotism. No wonder Rwanda is making tremendous strides more than nations that have access to sea.

Obinna Ukwuani’s appointments would be the Chief Digital Officer of the Bank of Kigali. According to the announcement, he is replacing Regis Rugemanshuro at the new role.

This can be described as the Digital Factory division for product innovation and development in digital banking at the country’s apex bank. A core financial technology (fintech) space he would be in charge of churning and developing world class digital products and also upgrading their digital wallet called Ikofi.

Through Ikofi, the Bank of Kigali offers financial services that farmers, agro-dealers, Agri-businesses and other stakeholders in the country’s agricultural space and Obinna would be making (in)direct impacts on these sets of people and also deepening the good security of the Central African Nation.

With a degree in Economics from the Massachusetts Institute of Technology and fantastic interest in Robotics. Obi is the founder of Exposure Robotics Academy where STEM programs were taught to secondary school pupils.

Anthony Emeka Nwosu