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Invest More In Technology To Scal-Up Africa’s Growth-UNDP

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The UN Develop
ment  Programme (UNDP) on Saturday in Addis Ababa urged governments to invest in African technology innovation to speed up the continent’s growth.
The UNDP Chief Economist and Head of Strategy and Analysis Team for Africa Region, Ayodele Odusola made the call at a news conference shortly after the ninth African Economic Conference (AEC) opened in Addis Ababa.
Odusola said that poor technological capability remained a major constraint to Africa’s growth and needed to be scale up for faster growth.
“The pace of skills, technological development and innovation has been slow in Africa because of the absence of critical research institutions and African universities with technology driven manpower and skilled education,’’ he said.
The UNDP, UN Economic Commission for Africa and the African Development Bank (AfDB) convened the three-day conference with the theme “Knowledge and Innovation for Africa’s Transformation’’.
The conference will hold from Nov.1 to Nov. 3 in the Ethiopian capital, Addis Ababa.
Earlier, while declaring the conference open the Ethiopian Minister of Science and Technology, Mr Demitu Hambissa, advocated for more technology institutions that would compete with their counterparts worldwide.
Hambissa said that the continent was also constraint with lack of quality laboratories and scientific equipment as well as the unavailability of long term finance and weak private sector initiative.
“To sustain the impressive economic growth Africa has experienced over the last decade, policymakers of the region should focus and learn the best practices in fostering technology transfer.
“They should identify critical innovation barriers and gaps to achieve increased productivity and structural transformation of its economies,’’ Hambissa said.
The Tide source  reports that the theme of conference “Knowledge and Innovation for Africa’s Transformation was drawn from the AU Agenda 2063 and the African Common Position on its Post-2015 Development Agenda.
The agenda identified science, technology and innovation as key to Africa’s growth and development.
In her address, AU’s Chairperson Dr Dlamini Zuma stressed the need for skills, technology, knowledge and innovation to ensure democratic and responsive governance for delivery of effective public services.
“That will facilitate universal access to basic services such as food and nutrition, water and sanitation, shelter, health and education.’’
Zuma underscored the need to strengthen higher education in universities where enrollment had increased by 16 per cent over the last decade.
“We must all support the universities in line with the effort to scale up development of the continent,’’ she said.
She said that a summit had been planned for Dakar, Senegal, in March next year to evolve a strategy for investing in higher education to prevent the absurdity of graduate unemployment.
“As the continent pursues its agenda of an integrated, prosperous and peaceful Africa driven by its own citizens and representing a dynamic force in the global arena, success will depend on adequate accumulation of skills, technology and competences for innovation,’’ she said.
Also, the ECA Executive Secretary, Carlos Lopez said the continent was endowed with capabilities.
“Capacities are not the same as capabilities. We have lots of capabilities; but are in need of capacities,’’ Lopez said.
He emphasised the need to build capacity to transform growth into quality growth on the continent.
He underscored the need to build capacity for strategic decision-making, enhanced productive economic activities and aggressive absorption and generation of knowledge intensive technologies.
The ECA boss noted that Africa’s stock of graduates was skewed toward the humanities and social sciences.
He said that the share of students enrolling in science, technology, engineering, and mathematics was less than 25 per cent.
In his remarks, Steve Kayizzi-Mugerwa, acting Chief Economist and Vice-President, AfDB, noted that adequate accumulation of skills, technology and competences for innovation were key to Africa’s transformation.
Mugerwa said that most governments recognised the importance of knowledge generation and innovation but failed to implement strategies to address skill deficit in critical areas for realisation of the goal of structural transformation.
“Innovation does not happen by chance or in a vacuum. Innovation cannot be legislated; it takes deliberate policy actions, enablers, positive incentives and entrepreneurship to make it happen.
“To leapfrog and sustain the resurgent, Africa requires smart solutions anchored in knowledge and innovation,’’ he said.
The conference is expected to feature presentations and discussions by prominent academics, policymakers, business actors including emerging technological and digital entrepreneurs.
The sessions will involve in-depth and technical analyses of salient issues arising from the thematic focus of the conference.
The sub-themes will enable a broad range of discussions on the current state of Africa’s transformation capacity and generate valuable insights for improved policy making mechanisms.
The sub-themes include Knowledge Generation for Structural Transformation; Technology for Africa’s Transformation; and Addressing the Skills Deficit.

 

Shu’aibu Adamu

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Fidelity Bank To Empower Women With Sustainable Entrepreneurship Skills, HAP2.0

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Leading financial institution, Fidelity Bank Plc, has announced the launch of the second edition of its flagship women-empowerment initiative, the HerFidelity Apprenticeship Programme 2.0 (HAP 2.0).
According to the report, the programme is designed to equip women with practical, income?generating skills and structured pathways to entrepreneurship.
 Accordingly, the HAP 2.0 will build on the success of its inaugural edition held in 2023.
During media chat with journalists to herald the launch of HAP 2.0, the Divisional Head, Product Development, Fidelity Bank Plc, Osita Ede, explained that the initiative has been enhanced to deliver greater impact.
He said HerFidelity Apprenticeship Programme 2.0 reflects their commitment to continuous improvement, having evaluated feedback from the first edition, they have returned with stronger partnerships and deeper mentorship programmes to ensure that women acquire not just skills, but sustainable economic opportunities.
Mr Ede, who said the programme is guided with real?world learning, also said that participants will undergo intensive apprenticeship training under reputable institutions and industry experts across selected fields such as hair styling, shoe making, auto mechatronics, and interior decoration.
Additionally, he said HerFidelity Apprenticeship Programme 2.0 goes beyond skills acquisition by offering participants a wide range of business advisory services.
These include business and financial literacy training, mentorship support throughout the apprenticeship journey, access to Fidelity Bank’s women?focused and SME financial solutions, as well as guidance on business formalisation and growth strategies.
Emphasizing the bank’s vision further, Ede said: “By integrating structured mentorship with entrepreneurial development, Fidelity Bank is positioning women not just as trainees, but as future employers, innovators, and economic contributors within their communities.
 This aligns with our mandate to help individuals grow, businesses thrive, and economies prosper”.
It is noteworthy that interested participants are encouraged to indicate their interest by visiting https://bit.ly/Apprenticeshipbyherfidelity.
It is important to note that Fidelity Bank Plc is ranked among the best banks in Nigeria, with a full-fledged Commercial Deposit Money Bank serving over 10 million customers through digital banking channels, with 255 business offices in Nigeria and United Kingdom subsidiary, FidBank UK Limited.
It is reported that the Bank is a recipient of multiple local and international Awards, including the 2024 Excellence in Digital Transformation & MSME Banking Award by BusinessDay Banks and Financial Institutions (BAFI) Awards, the 2024 Most Innovative Mobile Banking Application award for its Fidelity Mobile App by Global Business Outlook, and the 2024 Most Innovative Investment Banking Service Provider award by Global Brands Magazine.
By: Nkpemenyie mcdominic, Lagos
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President Tinubu Approves Extension Ban On Raw Shea Nut Export

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President Bola Ahmed Tinubu has approved the extension of the ban on the export of raw shea nuts for a further one year, from February 26, 2026, to February 25, 2027.
Bayo Onanuga, Special Adviser to the President on (Information and Strategy) who disclosed this on Wednesday, February 25, 2026 stressed the Federal Government remains committed to policies that promote inclusive growth, local manufacturing, and position Nigeria as a competitive participant in global agricultural value chains.
The decision underscores the administration’s commitment to advancing industrial development, strengthening domestic value addition, and supporting the objectives of the Renewed Hope Agenda.
The ban aims to deepen processing capacity within Nigeria, enhance livelihoods in shea-producing communities, and promote the growth of Nigerian exports anchored on value-added products.
To further these objectives, President Tinubu has authorised the two Ministers of the Federal Ministry of Industry, Trade and Investment, and the Presidential Food Security Coordination Unit (PFSCU), to coordinate the implementation of a unified, evidence-based national framework that aligns industrialisation, trade, and investment priorities across the shea nut value chain.
He also approved the adoption of an export framework established by the Nigerian Commodity Exchange (NCX) and the withdrawal of all waivers allowing the direct export of raw shea nuts.
The President directed that any excess supply of raw shea nuts should be exported exclusively through the NCX framework, in accordance with the approved guidelines.
By: Nkpemenyie Mcdominic, Lagos
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Crisis Response: EU-project Delivers New Vet. Clinic To Katsina Govt.

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A Non – Governmental Organisation (NGO), Mercy Corps, has handed over a newly constructed Veterinary Clinic and a rehabilitated structure in Danmusa Local Government Area (LGA), to the Katsina State Government.
The project, which included a 20,000-litre capacity upgraded solar-powered borehole, was executed under the European Union-funded Conflict Prevention, Crisis Response and Resilience (CPCRR) project.
The initiative is being implemented in collaboration with the International Organisation for Migration (IOM), and the Centre for Democracy and Development (CDD).
Speaking during the handover ceremony, Wednesday, the Commissioner for Livestock and Animal Husbandry in Kastina State, Prof Ahmed Bakori, commended Mercy Corps and its partners on such commitment to support peace and development in the state.
While praising the state government for restoring peace and stability, the said project would improve livestock services and the welfare of farmers who depend on animal health services for livelihood.
Bakori buttressed that improved security in the state had enabled development partners to implement meaningful interventions in communities affected earlier.
He said, “Recently, Gov. Dikko Radda was in South Africa to explore strategies for boosting livestock production and strengthening the livestock value chain in line with the government’s economic development agenda.”
In his remarks, Mercy Corps Senior Programme Manager, Mr Philip Ikita, expressed satisfaction on the timely and successful implementation of the project in Danmusa.
He stated that although Mercy Corps began its operations in the state in 2023, security challenges, had initially prevented the organisation from accessing some areas, including Danmusa.
Ikita said that the project would improve access to essential services, strengthen livelihoods and contribute to sustaining peace in the community.
“The project involves the upgrade of a veterinary clinic from a two room structure into a fully functional six office facility, embarked on to strengthen livestock healthcare services in the area.
“The programme builds on the success of the Conflict Mitigation and Community Reconciliation (CMCR) project and seeks to promote long-term peace and stability in Northwest Nigeria.
“It works across 48 communities in Zamfara and Katsina States, addressing the root causes of conflict, enhancing community resilience, and strengthening socio-economic recovery,” he said.
Also, the District Head of Danmusa, Ahmadu Abubakar, expressed appreciation to Mercy Corps and its partners for the intervention, describing the projects as timely and beneficial.
Earlier, the Chairman of Danmusa LGA, Ibrahim Na-Mama, represented by his Deputy, Musa Muhammad, expressed appreciation for the projects, assuring that the council would support efforts to safeguard them.
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