LSEF – Tech | Business | Economy https://techeconomy.ng Tech | Business | Economy Wed, 20 May 2026 05:43:08 +0000 en-GB hourly 1 https://wordpress.org/?v=7.0 https://techeconomy.ng/wp-content/uploads/2025/06/cropped-256Px-32x32.png LSEF – Tech | Business | Economy https://techeconomy.ng 32 32 Leo Stan Ekeh Foundation’s 1,000 Tech University Scholarships Now Live https://techeconomy.ng/leo-stan-ekeh-foundations-1000-tech-university-scholarships-now-live/ https://techeconomy.ng/leo-stan-ekeh-foundations-1000-tech-university-scholarships-now-live/#respond Wed, 20 May 2026 05:43:08 +0000 https://techeconomy.ng/?p=181827 The much-anticipated 1,000 Tech University Scholarships for Nigerian Indigent Whizkids, powered by the Leo Stan Ekeh Foundation and supported by TD Africa, Konga Group, Zinox Technologies, and Task Systems, is now officially live, opening a transformative pathway for brilliant young Nigerians seeking a future in technology.

The scholarship initiative, which was first announced by Africa’s foremost technology entrepreneur and Chairman of Zinox Group, Leo Stan Ekeh, is designed to empower indigent but exceptionally gifted Nigerian students to study Computer Science and other technology-related disciplines in federal and state universities, as well as polytechnics, across the country.

Interested applicants can now visit Konga.com and click on the “1000 Tech Scholarship” banner, where all relevant information and application guidelines are available.

The initiative was inspired by Ekeh’s decision to mark his 70th birthday in an unconventional yet impactful manner. Rather than host an elaborate celebration, the serial digital entrepreneur and Forbes-recognised tech icon chose to invest directly in Nigeria’s future as a way of giving back to the corporate institutions and Nigerians who supported and trusted his business startup from its early stages and have continued to patronise his businesses over the years.

For decades, Ekeh, a recognised tech disruptor and a notably private personality, has remained a major force in the continent’s digital ecosystem.

He pioneered indigenous computer manufacturing through Zinox Technologies, ICT Solutions through Task Systems, drove technology distribution through TD Africa, and transforming e-commerce with Konga. Through his businesses and philanthropic efforts, more than 6,700 Nigerians have reportedly benefited from technology training and empowerment initiatives championed by him over the years.

According to stakeholders behind the programme, the scholarship initiative goes beyond financial support and represents a strategic investment in Nigeria’s digital future. Beneficiaries will enjoy full scholarships covering tuition, accommodation, and monthly stipends.

In addition, they will undergo intensive holiday training focused on strategic self-development and digital skills designed to prepare them for global opportunities upon graduation.

Globally, the impact of technology on economic growth has become undeniable. According to reports by the World Bank and the International Finance Corporation, digital economies contribute more than 15% of global GDP, while countries that invest heavily in digital education and technology infrastructure consistently record higher employment rates, stronger innovation ecosystems, and improved economic competitiveness.

In Africa, the technology sector is projected to contribute over $1.5 trillion to the continent’s economy by 2030, with millions of digital jobs expected to emerge within the decade.

Nigeria, Africa’s largest economy and most populous nation, stands at the centre of this opportunity. However, experts have consistently stressed that the country’s ability to compete globally will depend significantly on how quickly it develops a new generation of highly skilled technology professionals.

It is this critical gap the Leo Stan Ekeh Foundation hopes to bridge.

Beyond tuition support, beneficiaries will gain access to mentorship, industry exposure, and practical guidance from distinguished members of the Nigeria Computer Society and other technology professionals. The initiative is structured to equip students with market-relevant skills, hands-on experience, and professional networks capable of positioning them for success in today’s rapidly evolving digital economy.

The scholarship programme also reflects a broader vision shared by its supporting partners (TD Africa, Konga, Zinox Technologies, and Task Systems) all of whom have played significant roles in shaping Africa’s ICT landscape over the years.

Industry observers believe the initiative could become one of the most impactful private-sector-driven educational interventions in Nigeria’s technology sector, particularly at a time when the country is aggressively pursuing digital transformation across education, governance, business, and public services.

As applications officially commence, organisers have assured prospective candidates that the selection process will remain transparent, merit-driven, and inclusive, with equal opportunities for qualified applicants from across Nigeria.

For easy access to the scholarship portal, application details, and participation guidelines, interested students are encouraged to visit Konga.com and click on the “1000 Tech Scholarship” banner.

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Zinox Chairman Donates Tech Experience Cenre to University of Birnin Kebbi https://techeconomy.ng/zinox-chairman-donates-tech-experience-cenre-to-university-of-birnin-kebbi/ https://techeconomy.ng/zinox-chairman-donates-tech-experience-cenre-to-university-of-birnin-kebbi/#comments Tue, 12 Aug 2025 07:12:53 +0000 https://techeconomy.ng/?p=164858 The Federal University Birnin Kebbi (FUB) received a significant boost in its quest to produce globally competitive graduates, following the donation of a multimillion-naira Tech Experience Centre by the Leo Stan Ekeh Foundation (LSEF).

The facility, donated by Mr. Leo Stan Ekeh, chairman of Zinox Group and Founder of LSEF, was commissioned on his behalf by the President of the Nigeria Computer Society (NCS), Dr. Muhammad Sirajo Aliyu.

The centre is equipped with the latest Zinox computers, powered by the iPower renewable energy suite, which features high-performance solar panels and certified lithium batteries.

Zinox Chairman Donates Tech Experience Cenre to University of Birnin Kebbi
The equipment are powered by iPower

It is also connected to a 24-hour, non-disruptive satellite internet service powered by Starlink, a service that the LSEF has committed to funding for the next five years.

According to Mr. Ekeh, the Tech Experience Centre is dedicated to the use of students and knowledge workers at FUB, with the aim of equipping them with the digital skills and resources required to compete with their peers globally and contribute meaningfully to Nigeria’s economic development.

This centre is one of several cutting-edge technology hubs donated by the Leo Stan Ekeh Foundation to tertiary institutions across Nigeria. It supports the Federal Government’s vision to upgrade the nation’s higher institutions to world-class standards.

For over 25 years, Mr. Ekeh and the Zinox Group have consistently invested in promoting digital education by donating tech laboratories and innovation hubs.

In recent years, the Foundation has delivered and equipped centres at St. Augustine University, Lagos, and Imo State University and refurbished older facilities it had donated in the past.

According to Mr. Ekeh, the next phase will see the Foundation extend similar interventions to secondary schools across the country.

He called on politicians, government agencies, and wealthy Nigerians to intentionally invest in the nation’s education sector, stressing that a well-educated populace is the Foundation for national development.

Mr. Ekeh expressed his appreciation to the Chairman of the University Council, the council members, Vice Chancellor Professor Muhammad Zaiyan Umar, members of the University Management, staff, and students of FUB, as well as the Honourable Minister of Education, Dr. Tunji Alausa, for their support in accommodating the LSEF’s vision.

Speaking on behalf of the university, Professor Muhammad Zaiyan Umar, Vice Chancellor of FUB, expressed deep appreciation to Mr. Ekeh and the LSEF for the generous donation.

“This Tech Experience Centre will make a remarkable difference in the academic and research output of our students and staff. We are grateful for Mr. Ekeh’s vision, generosity, and long-standing contributions to this institution and to digital education in Nigeria. This facility is more than a building with computers; it is an investment in the future of our graduates and the growth of our nation.”

Speaking on the sidelines of the commissioning, Mr. Chimezie Orisakwe, head of Corporate Communications for the Zinox Group, highlighted Mr. Ekeh’s sustained promotion of digital learning across Nigeria, from interventions in the media sector to landmark projects with the media, Independent National Electoral Commission (INEC), the National Population Commission (NPC), and others.

He also highlighted Mr. Ekeh’s reflection on the current state of Nigeria’s education sector, warning that many institutions, both public and private, face severe funding deficits.

This, he noted, raises the risk of closures, which would deprive graduates of the enduring legacy of their alma maters.

Zinox Chairman Donates Tech Experience Cenre to University of Birnin Kebbi (2)

To address these challenges, the Zinox Chairman proposed that the Federal Government adopt a college system and reclassify existing universities.

He recommended granting approvals for specialized professional colleges affiliated with reputable universities, similar to the Lagos University Teaching Hospital (LUTH) model with the University of Lagos.

Ekeh emphasized that the quality of an institution’s academic content now matters more than its physical size.

Those passionate about establishing tertiary institutions must be focused on their core mission, be willing to invest adequately, and possess the mental and financial capacity to sustain standards.

He further urged that educational institutions be regulated even more stringently than banks, given their central role in producing the human capital that drives both the public and private sectors.

“Educational institutions are not limited liability companies that can be liquidated at will. Their true profit is not in short-term returns but in the quality of graduates they produce, men and women who can lead this nation and give back to the institutions that shaped them,” Ekeh stated.

The donation to FUB is the latest in a long list of interventions by the Zinox Group to support Nigeria’s technological advancement.

Through the Leo Stan Ekeh Foundation, the Group has also funded thousands of scholarships, donated modern digital learning facilities nationwide, extended non-interest loans to budding entrepreneurs, and supported churches, hospitals, and humanitarian causes.

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Imo Wealth Project now commences June 29 – LSEF https://techeconomy.ng/imo-wealth-project-now-commences-june-29-lsef/ https://techeconomy.ng/imo-wealth-project-now-commences-june-29-lsef/#respond Mon, 27 Jun 2022 05:01:00 +0000 https://techeconomy.ng/?p=77228 The Leo Stan Ekeh Foundation (LSEF) has announced a change of date for the commencement of the training programme for the Imo Wealth Project, a job creation and empowerment initiative.

The programme, previously scheduled to commence on June 28, will now kick off on Wednesday, June 29, 2022 in order to accommodate the sit-at-home expected in Imo State and other parts of the South East, notably with Nnamdi Kanu, leader of the Indigenous People of Biafra (IPOB) scheduled to appear in court in Abuja on Tuesday.

The Imo Wealth Project is sponsored by the Leo Stan Ekeh Foundation, a futuristic Non-Governmental Organization (NGO) which focuses on promotion of 21st century knowledge through quality education, practical entrepreneurship, healthy living and enhanced lifestyle. The foundation plans to create over 10,000 employment opportunities for residents of Imo State, while also equipping entrepreneurs and other beneficiaries with useful knowledge and interest free loans to grow their businesses and improve their global competitiveness.

Among the target audience for the initiative are entrepreneurs, unemployed and underemployed graduates, as well as students in tertiary institutions across Imo State in their final year of studies. As part of the initiative, globally renowned tech companies like Microsoft, Meta (FaceBook), among others, are expected to certify the participating graduates who complete the programme.

Consequently, the three-day mandatory on-boarding training programme, from which successful candidates would be selected, will now take off Wednesday, June 29 and run till Friday, July 1, 2022 at the Imo State University Auditorium, Owerri, Imo State. The programme kicks off by 9am each day, while accreditation of attendees holds from 8am.

Chairman, Zinox Group, Leo Stan Ekeh, will personally open the conference each day with a 15 minutes’ inspirational session.

A prospective candidate is only expected to attend one of the daily training sessions for a chance to be selected. Interested candidates are advised to register on LSEF website to indicate their interest in participating. Registration and participation is free of charge for intending candidates.

Once successfully registered on the website, each candidate would be assigned a specific day on which to attend the training programme.

The training sessions will witness masterclasses from a carefully selected faculty of world class resource persons.

Among other things, participants would be exposed to mentorship sessions, a finishing school class, knowledge empowerment and business success sessions. Outstanding entrepreneurs who make the final cut stand a chance to gain access to interest-free loans to grow their business, while others will be exposed to employment opportunities in their areas of competencies.

The project seeks to create quality opportunities for the youths to reduce tension in each geo-political region in Nigeria, starting with Imo State in the South East.

The foundation has also partnered with tertiary institutions in the state which it has commenced equipping with best-in-class digital tools to re-train and certify qualified graduates, with plans to replicate this in a state in each geo-political region in Nigeria, if the Imo project is a success.

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Leo Stan Ekeh Foundation Wants to Create 10,000 Jobs in Imo State https://techeconomy.ng/leo-stan-ekeh-foundation-wants-to-create-10000-jobs-in-imo-state/ https://techeconomy.ng/leo-stan-ekeh-foundation-wants-to-create-10000-jobs-in-imo-state/#respond Thu, 23 Jun 2022 16:59:41 +0000 https://techeconomy.ng/?p=77117 The Leo Stan Ekeh Foundation (LSEF), a futuristic Non-Governmental Organization (NGO) which focuses on promotion of 21st century knowledge through quality education, practical entrepreneurship, healthy living and enhanced lifestyle, is set to flag off a project to create over 10,000 employment opportunities for residents of Imo State, while also equipping entrepreneurs and other beneficiaries with useful knowledge and interest free loans to grow their businesses and improve their global competitiveness.

As part of the initiative, globally renowned tech companies like Microsoft, Meta (Facebook), among others, are expected to certify the participating graduates who complete the programme.

Tagged the Imo Wealth Project, the humanitarian scheme is open to entrepreneurs, unemployed and underemployed graduates, as well as students in tertiary institutions across Imo State in their final year of studies.

The aim of the project is to create quality opportunities for the youths to reduce tension in each geo-political region in Nigeria, starting with Imo State in the South East.

The programme kicks off with a three-day mandatory on-boarding training programme scheduled to run daily from Tuesday, June 28 to Thursday, June 30, 2022 at the Imo State University Auditorium, Owerri, Imo State from which successful candidates would be selected. The programme kicks off by 9am each day, while accreditation of attendees holds from 8am.

Chairman, Zinox Group, Leo Stan Ekeh, will personally open the conference each day with a 15 minutes’ inspirational session.

A prospective candidate is only expected to attend one of the daily training sessions for a chance to be selected. Interested candidates are advised to register on the Leo Stan Ekeh Foundation website to indicate their interest in participating. Registration and participation is free of charge for intending candidates.

Once successfully registered on the website, each candidate would be assigned a specific day on which to attend the training programme.

The training sessions will witness masterclasses from a carefully selected faculty of world class resource persons.

Among other things, participants would be exposed to mentorship sessions, a finishing school class, knowledge empowerment and business success sessions.

Outstanding entrepreneurs who make the final cut stand a chance to gain access to interest-free loans to grow their business, while others will be exposed to employment opportunities in their areas of competencies.

Thousands of prospective candidates are expected to take part in the training sessions for the Imo Wealth Project which commences next week at the Imo State University Auditorium.

Notably, Leo Stan Ekeh Foundation is partnering with several tertiary institutions, including the Imo State University, Federal Polytechnic, Nekede; Alvan Ikoku Federal College of Education, Imo State University of Agriculture and Federal University of Technology, Owerri to train and certify qualified Imo graduates.

The foundation has commenced equipping these institutions with best-in-class digital tools, starting with the Imo State University and plans to do same in a state in each geo-political region in Nigeria, if the Imo project is a success.

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