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5 Best Digital Skills You Must Learn in 2023

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In today’s fast-paced world, having digital skills has become a necessity for one to thrive effectively, either in business or career. The advancement of technology has no doubt transformed the workplace and business landscape which has placed a high demand on these skills.

In the past few years, digitization and automation have been the most often discussed technologies that firms/ Business owners are leveraging to transform the way they support core business activities which also helps them to adapt to a new and more virtual work style.

Without a firm command of digital skills in today’s world, there is only very little way to propel and remain competitive, as having one or more skills sets an individual or a business apart from the rest.

Before giving you a list of the top five (5) best digital skills to learn in 2023, let us define what digital skills are.

Digital Skills

UNESCO defines digital skills as those skills needed to use digital services, communication Applications, and networks to access and manage information.

Digital skills are also defined as skills needed to use computers and digital devices to access and manage information.

Here is a list of five (5) best digital skills to learn in 2023

1.) Cybersecurity

Cyberattacks has been predicted to be one of the biggest issues with modern-day businesses because a lot of them have taken their business to the online space.

Apart from businesses/organizations, the average everyday consumers/internet users are also not left out as they experience phishing schemes, data breaches, ransomware attacks, financial losses, etc.

This means the more we rely on the internet, the more we need good cybersecurity in all forms.

That is to say that learning this skill in 2023 will make one very sought-after because as more businesses continue to shift to offering online services, the demand for cybersecurity experts will continue to increase.

2.) Social Media Marketing

Looking at today’s world, a lot of companies/businesses now offer most of their services online, which makes social media marketing a perfect skill to learn in 2023.

This skill involves promoting a business on social media platforms through paid and unpaid means. It also involves placing social media ads, creating and sharing great content, organizing social media events, etc.

Most businesses desire a good social media presence due to the fact that it can create customer retention, form a brand community and generate leads. 

Therefore, equipping oneself with this skill will make one very sought after, as most businesses are constantly on the lookout for people who can produce engaging social media content, manage business accounting effectively, drive traffic through ads, and implement diverse marketing strategies to boost sales/ traffic.

3.) UX Design

In simple terms, UX design is the process of creating products (digital or physical) that are practical and usable. It is also the process of creating products or services that provide meaningful experiences for users, involving many different areas of product development including branding, usability, function, etc.

Most businesses in today’s world understand that a UX design is important to meet the needs of conusmers, as a good design often helps a business to stand out in the marketplace also enhancing brand reputation.

This skill is no doubt a top skill to learn in 2023 as most businesses need UX designers to help increase conversions as more users/customers are likely to patronize a business or purchase a product that is appealing.

4.) AI Skills

This skill encompasses many key areas such as designing intelligent agents, machine learning algorithms and advanced artificial neural networks, etc.

Looking at the way a lot of jobs are been displaced by Artificial Intelligence machines, AI skills have become a top demand in the job market as most businesses are looking for ways to integrate AI into their operations.

For individuals looking to stay ahead in the job market, this is one skill to learn.

5.) Data Analyst

A data analyst job entails the gathering and interpretation of data to solve specific problems. In the past few years, 90% of the world’s data has been created and businesses are spending more than $180 million a year on big data analysts as these businesses rely on data to make critical business decisions.

This has seen Data analysts in high demand across all sectors such as consulting, finance, manufacturing, pharmaceuticals, government, and education. A report from McKinsey Digital on big data states that by 2023, the big data industry will be worth an estimated US$77 billion.

The report also states that 90 percent of the data available right now was produced over the last two to three years. That is how quickly the data is produced. What this implies is that the increase in the production of data will lead to an increase in the need for someone to analyze the data. That is where data analysts come into the picture.

Conclusion

It is no longer news that we are living in a highly digitalized economy, which is essential for one to acquire relevant digital skills to stay relevant and easily navigate jobs.

As technology advances, most jobs/ businesses are beginning to need some level of digital skills. Also having these skills prevents one from earning meager pay, as most current roles requiring digital skills often pay more than those that do not.

It is not far-fetched to say that those who take bold steps to learn new digital skills in today’s world, will be the ones to reap the benefits of long-term success.

Fintech

Leatherback Set for International Growth as EFCC Drops all Fraud and Misconduct Allegations

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Nigeria’s Economic and Financial Crimes Commission (EFCC) has dropped all allegations of fraud and misconduct against Leatherback, a leading financial services technology company, and the company’s CEO, Toyeeb Ibrahim Ibitade.

In November 2023, EFCC announced that it had been made aware of the possibility of fraudulent activities on the Leatherback platform, leading to an investigation into the company’s operations to establish the facts. Cooperating fully with EFCC and working transparently with the organisation’s officials to provide a forensic view of its operations, Leatherback was able to unequivocally prove its innocence, leading the EFCC to drop all allegations and take down all previous communications on its website and social media platforms (Facebook, Instagram, and Twitter) around the matter.

Leatherback supported the EFCC investigation by making over 5,000 printed documents available to officials to enable as much clarity as possible. Leatherback also filed Suspicious Activity Reports (SARs) in the UK and Nigeria.

According to Toyeeb Ibrahim Ibitade, CEO of Leatherback, “I am relieved to see the end of this arduous episode, but I am even more delighted to see that myself and Leatherback, as an organisation, have been completely cleared of all wrongdoing. With this episode firmly behind us, we are poised to accelerate our mission to provide a single access point that empowers individuals and businesses to be truly global, delivering best-in-class financial, payment, and commerce solutions that remove barriers to global growth and mobility for all citizens of the world.”

Headquartered in London, Leatherback is regulated in the United Kingdom, Nigeria, Ethiopia, Canada, India, Pakistan, Nepal, and Sri Lanka, enabling the platform to serve customers across a wide range of markets effectively. Tens of thousands of individuals and businesses already use the platform to support business and lifestyle opportunities every day. Leatherback is also FCA Authorised, PCI DSS Compliant, and ISO Certified.

About Leatherback

Leatherback offers financial services to businesses and individuals in multiple countries with no restrictions. Users can access up to 15 currencies from 21 countries, including NGN, GBP, INR, EUR, USD, and many other currencies. Users can also send and collect money locally and internationally, with invoicing, analytics, and permissions features available for businesses.

For more information, please visit: http://www.leatherback.co

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Fintech

Carbon Acquires Vella Finance to Enhance SME Offerings

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Digital financial services provider Carbon has completed the acquisition of Vella Finance, a Nigerian fintech company specializing in serving small and medium-sized enterprises (SMEs).

The acquisition, announced through an official statement on Wednesday, signifies Carbon’s strategic move to bolster its SME offerings.

Although the financial details of the transaction were not disclosed, Carbon’s acquisition of Vella Finance, founded two years ago under its parent company, One Credit Limited, underscores its commitment to expanding its footprint in the fintech space.

Vella Finance’s expertise in AI-powered SME banking solutions particularly caught the attention of Carbon.

Through this acquisition, Carbon aims to leverage Vella Finance’s innovative technology to provide actionable insights from financial transactions to its SME customers.

Tolu Adedayo, co-founder and COO of Vella Finance, expressed enthusiasm about the integration, noting that several team members from Vella Finance have joined Carbon following the acquisition.

Adedayo further revealed that Vella Finance’s 8,000 SME customers would be transitioned to Carbon Business in the near future.

Chijioke Dozie, co-founder of Carbon, emphasized the alignment of values and vision between Carbon and Vella Finance, highlighting the potential for synergies and growth in the SME banking segment.

The acquisition marks a significant milestone for both companies as they aim to revolutionize financial services for SMEs in Nigeria.

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E-commerce

Alibaba Eyes Gulf Expansion, Seeks Partnerships in Saudi and UAE Markets

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Alibaba CEO Jack Ma gestures as he is introduced to participate in a panel discussion at the APEC CEO Summit in Manila

Alibaba Group Holding Ltd., the prominent Chinese e-commerce giant, is actively pursuing expansion into the Gulf region, notably in Saudi Arabia and the United Arab Emirates (UAE).

Alibaba’s president, Michael Evans, revealed the company’s strategy during a panel discussion at Dubai’s World Government Summit, highlighting a commitment to local partnerships as a key aspect of their approach.

Evans underscored Alibaba’s recent endeavors in Saudi Arabia, indicating a concerted effort to deepen its presence in the region’s burgeoning e-commerce landscape.

The move signifies Alibaba’s strategic pivot towards collaborative ventures following a period of strategic realignment prompted by government scrutiny and leadership changes.

The Gulf’s growing ties with China, driven by mutual economic interests and investment diversification initiatives, present an opportune moment for Alibaba’s expansion efforts.

However, geopolitical complexities, including heightened US scrutiny of China-linked entities, add a layer of challenge to Alibaba’s Gulf aspirations.

As Alibaba seeks to reclaim its leadership position in the global tech industry, the pursuit of partnerships in Saudi Arabia and the UAE underscores the company’s adaptive approach to international expansion.

The success of these ventures could potentially reshape the Gulf’s e-commerce landscape and deepen economic ties between the region and China.

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