ADVERTISEMENT
TechEconomy
Friday, May 30, 2025
No Result
View All Result
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
      • Accessories
      • Phones
      • Laptop
      • Gadgets and Appliances
      • Apps
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
      • Broadband
    • Mobility
    • Environment
    • Travel
    • Commerce
    • StartUPs
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • Appointment
    • EventDIARY
    • Editorial
  • Apply
  • TecheconomyTV
  • Techeconomy Events
  • BusinesSENSE For SMEs
  • TBS
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
      • Accessories
      • Phones
      • Laptop
      • Gadgets and Appliances
      • Apps
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
      • Broadband
    • Mobility
    • Environment
    • Travel
    • Commerce
    • StartUPs
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • Appointment
    • EventDIARY
    • Editorial
  • Apply
  • TecheconomyTV
  • Techeconomy Events
  • BusinesSENSE For SMEs
  • TBS
No Result
View All Result
Tech | Business | Economy
No Result
View All Result
Podcast

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

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

Joan Aimuengheuwa by Joan Aimuengheuwa
November 19, 2024
in DisruptiveTECH
1
Kashifu Inuwa DG of NITDA
Kashifu Inuwa DG of NITDA

Kashifu Inuwa DG of NITDA

RelatedPosts

FG Launches New HND Courses in AI, Cybersecurity, and Software Engineering

FG Launches New HND Courses in AI, Cybersecurity, and Software Engineering

May 29, 2025

Nvidia Projects $8bn Revenue Loss as U.S. Restrictions Block AI Chip Sales to China

May 29, 2025

Kashifu Inuwa Abdullahi, the director-general of the National Information Technology Development Agency (NITDA), 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 Forum (AfriTECH 4.0) 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.

โ€œBoth 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,โ€ 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.

NITDA
Advertisements
MTN ADS
DG of NITDA’sย representative:ย Mrs. Rita Shoremi, Head, Startup Innovations and IT solutions, NITDA, South West Zone.

โ€œAfrica 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.

โ€œAfrica is also home to one of the worldโ€™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 Africaโ€™s economy,โ€ 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 inย ย  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 Africaโ€™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 NITDAโ€™s eight-pillar strategy aligns with Nigeriaโ€™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.

โ€œThe 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,โ€ 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 Africaโ€™s potential as a pioneer in the digital revolution.

Attendees
AfriTECH 4.0 participants

While urging stakeholders to harness these technologies to drive economic prosperity and social inclusion, Abdullahi tasked participants by declaring: โ€œAfricaโ€™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.

โ€œWe 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.โ€

Loading

0Shares
Tags: Kashifu InuwaNITDARita Shoremi
Previous Post

Aftermath of US Elections: US-China Relations Will Continue to Fragment Global Trade โ€“ Report

Next Post

โ€‹#AnambraInnovationWeek: UNDP Partners State, Establishes Innovation Marketplace

Joan Aimuengheuwa

Joan Aimuengheuwa

Joan thrives at helping individuals and businesses scale via storytelling...

Related Posts

FG Launches New HND Courses in AI, Cybersecurity, and Software Engineering
DisruptiveTECH

FG Launches New HND Courses in AI, Cybersecurity, and Software Engineering

by Joan Aimuengheuwa
May 29, 2025
0

Aside curriculum updates, the NBTE has introduced a digital accreditation platform that uses artificial intelligence to enforce academic standards and...

Read more
Nvidia Projects $8bn Revenue Loss as US Restrictions Block AI Chip Sales to China

Nvidia Projects $8bn Revenue Loss as U.S. Restrictions Block AI Chip Sales to China

May 29, 2025
Xiaomi Posts $15.5bn Revenue, $1.5bn Profit in Q1 as EV Sales Top 258,000 Units

Xiaomi Posts $15.5bn Revenue, $1.5bn Profit in Q1 as EV Sales Top 258,000 Units

May 27, 2025
Nvidia Faces $5.5 Billion Setback from U.S. Chip Ban on China

Nvidia Eyes New Markets After $5.5bn China Chip Ban Loss

May 27, 2025
OpenAI Brings Former Apple Design Chief Jony Ive Onboard

OpenAI Brings Former Apple Design Chief Jony Ive Onboard

May 22, 2025
Gemini Closes in on ChatGPT as Google Hits 400 Million Monthly Users

Gemini Closes in on ChatGPT, Hits 400 Million Monthly Users

May 21, 2025
Next Post
Anambra State Innovation Makerspace

โ€‹#AnambraInnovationWeek: UNDP Partners State, Establishes Innovation Marketplace

Comments 1

  1. Pingback: StarkWare Launches $4M Venture Fund for Pre-Seed, Seed-Stage Blockchain Startups in Africa

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Techeconomy Podcast

Techeconomy Podcast
Techeconomy Podcast

Infowave is brought to you by TechEconomy. Every week we will bring new stories from startups and influencers who are shaping and changing the world we live in. We’ll also bring you reports on topics you should know.

Follow us @techeconomyng for more.

TECH TALK EPISODE 2
byTecheconomy

PRODUCTIVITY AND WORK-Life Balance

TECH TALK EPISODE 2
TECH TALK EPISODE 2
May 22, 2025
Techeconomy
CYBERSECURITY ESSENTIALS
April 24, 2025
Techeconomy
Digital Marketing Trends and strategies for 2025 and beyond
February 27, 2025
Techeconomy
Major Lesson for Techies in 2024 and Projections for 2025
December 6, 2024
Techeconomy
Major Lessons for Techies in an AI-Driven World | Techeconomy Business Series Highlights
November 26, 2024
Techeconomy
Maximizing Profitability Through Seasonal Sales: Strategies For Success
November 8, 2024
Techeconomy
Techeconomy Business Series
October 15, 2024
Techeconomy
PRIVACY IN THE ERA OF AI: GETTING YOUR BUSINESS READY
May 30, 2024
Techeconomy
Unravel the Secrets of Marketing Everywhere All At Once with Isaac Akanni from Infobip | Infowave Podcast Episode 1
February 9, 2024
Techeconomy
The Role of Ed-tech in Life Long Learning and Continuous Education
October 19, 2023
Techeconomy
Search Results placeholder

WHAT IS TRENDING

https://www.youtube.com/watch?v=g_MCUwS2woc&list=PL6bbK-xx1KbIgX-IzYdqISXq1pUsuA4dz

Follow Us

  • About Us
  • Contact Us
  • Careers
  • Privacy Policy

ยฉ 2025 Techeconomy - Designed by Opimedia.

No Result
View All Result
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
      • Accessories
      • Phones
      • Laptop
      • Gadgets and Appliances
      • Apps
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
      • Broadband
    • Mobility
    • Environment
    • Travel
    • Commerce
    • StartUPs
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • Appointment
    • EventDIARY
    • Editorial
  • Apply
  • TecheconomyTV
  • Techeconomy Events
  • BusinesSENSE For SMEs
  • TBS

ยฉ 2025 Techeconomy - Designed by Opimedia.

Translate ยป
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.