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This article also features in Tech support: Local start-ups work to promote financial inclusion and serve the large unbanked population. Read more about this report and view purchase options in our online store.

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There were 101 results found for Nigeria and ICT

There were 101 results found.
Analysis

How will Nigerian start-ups promote financial inclusion?
OBG
plus

Financial technology (fintech) has been gaining momentum in Nigeria as start-ups look to create innovative solutions to fill socio-economic gaps such as exclusion from the formal banking system. An estimated 56% of Nigerian adults are unbanked and 36.8% do not have access to financial services. The country’s more than 200 fintech firms – which account for over half of all start-ups – aim to close…

Overview

Nigeria's ICT push to facilitate digitalisation across the board
OBG
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Nigeria is one of Africa’s largest ICT markets in terms of its share of telecoms subscribers and internet users, according to the US International Trade Administration. The ICT sector is a critical driver of non-oil growth and a significant contributor to the country’s GDP. Furthermore, it is an enabler for digitalisation and the development of other key sectors such as health care, education,…

Interview

Isa Ali Ibrahim Pantami, Minister of Communications and Digital Economy: Interview
OBG
plus

Interview:Isa Ali Ibrahim Pantami In what ways did the Covid-19 pandemic affect Nigeria’s ICT sector and digitalisation efforts? ISA ALI IBRAHIM PANTAMI: In recent years the government has prioritised achieving an indigenous digital economy. In 2019 President Muhammadu Buhari renamed the Ministry of Communication Technology to the Federal Ministry of Communications and Digital Economy, highlighting…

Interview

Olugbenga Agboola, Co-founder and CEO, Flutterwave: Interview
OBG
plus

Interview: Olugbenga Agboola In what ways has internet connectivity in Nigeria impacted the payments industry and the adoption of cashless payment options? OLUGBENGA AGBOOLA: Internet penetration in Nigeria is growing at a high rate. In 2020 Nigeria had 99.1m internet users, and this figure is projected to grow to 131.7m by 2023. Internet connectivity in Africa and Nigeria specifically is growing…

Chapter

The Report: Nigeria 2022: ICT
OBG
plus

Nigeria is one of Africa’s largest ICT markets in terms of its share of telecoms subscribers and internet users, and this sector is set to grow in 2021, even as other areas of the economy remain constrained by the pandemic. ICT is being prioritised as part of the country’s longer-term goal of developing a digital economy supported by its large, youthful population. Indeed, the government has made…

Economic News

Is Nigeria’s start-up ecosystem the key to the country’s coronavirus recovery?

– A recent report has named Nigeria as the African country with the most tech start-ups – Launched in 2019, the Digital Economy Policy shows a commitment to boosting the sector – Various hurdles remain to be overcome, related to both regulation and infrastructure – 4IR start-ups are changing the face of Nigerian society and driving its Covid-19 recovery A recent report has highlighted…

Economic News

E-commerce in sub-Saharan Africa: can Covid-19 growth be sustained?

– Covid-19 prompted widespread growth in sub-Saharan e-commerce – African giant Jumia used record expansion to fuel share demand – Limited ICT infrastructure remains a significant barrier in the region – The African digital economy is set to continue its exponential growth trend The coronavirus pandemic triggered an e-commerce boom in sub-Saharan Africa, alongside the rest of the world.…

Economic View

Olusola Teniola, Nigeria National Coordinator, Alliance for Affordable Internet

On how internet use during the pandemic is leading to new opportunities What has been the impact of Covid-19 on the local telecommunications sector? OLUSOLA TENIOLA: The telecoms sector saw an initial spike in activity when everyone shifted to online activities due to the lockdown, but growth has plateaued more recently. With the help of the government, industry players were able to ensure rights…

Economic View

Juliet Anammah, Chairwoman, Jumia Nigeria; and Head of Institutional Affairs, Jumia Group

On adapting to changing preferences What has been the impact of the Covid-19 pandemic on Africa’s e-commerce sector? JULIET ANAMMAH: It is important to recognise that we are currently facing a public health crisis that is having a significant impact on people’s lives. Nonetheless, it has been interesting from a business perspective to adapt to the evolving situation. At Jumia our primary…

Event

Digital Africa Conference & Exhibition

The Digital Africa Conference & Exhibition The Digital Africa Conference & Exhibition returns to Abuja, Nigeria on the 23rd to 25th June 2020 at Baze University. Now in its eighth year, the event connects over 800 attendees with the innovators, exhibitors, technologies and solutions that are driving business transformation. Since its inception in 2013, the annual Digital Africa Conference&…

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