The director general of the National Information Technology Development Agency (NITDA) Kashifu Inuwa has tasked tech innovators in Nigeria to proffer solutions to address the nation’s challenges.
He urged them to look around and identify the myriad of problems bedeviling the country, also noting that the federal government has already provided them with a level playing field to achieve that.
Mr. Kashifu disclosed this while speaking at Day Three of the Digital Nigeria International Conference 2022 held in Abuja, with the theme “Start-Up and Innovation Ecosystem Day”.
During his speech, the NITDA boss said that the government is committed to building a thriving tech ecosystem, while noting that for it to be achievable, it will require a joint effort from every stakeholder to play the role required of them.
In his words, “To build a very strong tech ecosystem, we need the government, the higher institutions, we need the entrepreneurs, the risk capitalists and corporate organisations everybody has its own role to play.
“The government needs you, needs your commitment the same way the government is committed. For the higher institutions, we need you to produce high quality education to the people because innovation, digital economy or knowledge-based economy are all human capital economy.
“Your greatest resources are not the mineral resources but it is what you have in your brain; we need higher institutions to produce the right skill, talents and people with entrepreneurial skills”.
“We need the number. We need people to have skills to use in the digital based technological environment and that is why we are training people on high earned skills to build the digital service because digital service is a product-based economy.”
Investors King understands that the federal government of Nigeria has continued to provide a level playing field for tech innovators in the country through the provisions of infrastructures, friendly policies, and legal framework amongst others, as well as the recent signing of the Nigeria Start-up bill into law by President Buhari.
Also, earlier this month, the federal government through the NITDA entered into a partnership with COURSERA, an online learning platform, to train 24,000 Nigerian youths on digital skills for a period of three years which is aimed at positioning Nigeria to be the global talent factory.
It is now left for skilled Nigerians to use their innovative ideas to create innovations and inventions that will address the myriad of problems bedeviling the country, as they have been tasked by the DG of NITDA.
Fintech Company, Grey, Unveils New Look to Support its Global Expansion Strategy
Grey, a leading cross-border fintech company, has embarked on a significant global brand rebranding initiative, revealing a fresh logo and website design.
This strategic move aligns with the company’s dynamic plans to expand its footprint in the global market.
The company’s transformation was unveiled on its social media platforms on Monday, November 27, 2023. Grey aims to leverage this fresh identity to reach a broader audience and solidify its international presence. The updated brand assets visually represent Grey’s commitment to innovation, excellence, and global connectivity.
The rebranding initiative follows closely on the heels of Grey celebrating a milestone achievement of surpassing 500,000 users. The company’s rapid growth and expanding user base have spurred this bold step towards rebranding, symbolizing success and underlining its dedication to remaining at the forefront of global fintech innovation. Furthermore, the previous logo was not usable in some foreign markets due to trademark conflicts with another company.
Idee Obong, The CEO and founder of Grey, shared insights into the rationale behind the rebranding, stating, “As we chart our course toward serving a global audience, we recognized the need for trademarks and related processes. We identified similarities with existing marks during this evaluation, prompting a deliberate rebrand. The new logo and website signify our forward trajectory, emphasizing global connectivity and our commitment to creating a more interconnected world. Our focus remains on being people-centric and cultivating a lasting community.”
Grey’s brand evolution is occurring at a crucial juncture for the fintech industry, which is positioned for significant opportunities despite recent economic uncertainties. The fintech sector has faced challenges in the past year; notwithstanding, Grey has rapidly scaled, adeptly responding to the heightened demand for its services.
The company has also established key partnerships across both B2B and B2C sectors across Africa over the past months, solidifying its reputation as a trusted and reliable cross-border payments company.
Femi Aghedo, Co-founder of Grey, emphasized the strategic timing of the brand evolution, stating, “The timing simply felt right to evolve our brand. Our growth and evolution as a business needed to be reflected tangibly. We are dedicated to ongoing innovation, adapting our services to meet the dynamic needs of our customers. Our core mission is to provide seamless and secure cross-border payment solutions, empowering businesses and individuals in the global economy. We eagerly anticipate the future of fintech and the opportunities it presents for us to impact the industry positively.”
Furthermore, customers can expect a more innovative and interconnected user experience when engaging on their platforms. As Grey ventures into this exciting new chapter, the team remains committed to providing cutting-edge and secure cross-border payment solutions, fostering global connectivity, and contributing to the evolving landscape of the fintech industry.
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