Nigeria trains ICT entrepreneurs
GOVERNMENTBy BiztechAfrica - Dec. 9, 2011, 9:07 a.m.
Training got underway this week for thousands of aspiring ICT entrepreneurs under a new development programme in Nigeria.
The programme aims to nurture young ICT entrepreneurs by establishing ICT business incubation centres across the country.
The Youth Enterprise with Innovation in Nigeria (You WiN!) Programme is a collaboration of the Ministry of Finance, the Ministry of Communication Technology (CT), and the Ministry of Youth Development, in partnership with the private sector.
With the first phase of the project complete, thousands of applicants will now begin their training. By the end of December, business plans by the aspiring entrepreneurs will be assessed and winners will be notified by the end of January 2012.
The programme is designed to attract ideas and innovations from young entrepreneurs from Universities, Polytechnics, Technical colleges, and other post-Secondary institutions in Nigeria.
It will provide business training for up to 6 000 young entrepreneurs and a one time equity grant for 1 200 selected entrepreneurs to start or expand their business concepts and mitigate start up risks and is expected to generate 80,000 to 110,000 new jobs for currently unemployed Nigerian youth over the three years during which the three cycles will be implemented.
Communications Technology Minister Omobola Johnson recently underlined the government’s commitment to nurturing new ICT business.
She noted that many of the household names in IT today, such as Apple, Microsoft, Google and Facebook, were started by young entrepreneurs with great ideas and access to venture capital. She said the government aimed to develop an environment that would discover, nurture and unleash local talent to drive the growth of Nigeria’s ICT industry.
MORE GOVERNMENT NEWS
Ghana’s ‘big bang’ approach tackles data penetrationWith 110% voice penetration, full data penetration is the next big target in Ghana, says the NCA. Read More
Kenya unveils ICT master planKenya has launched the national Information, Communication Technology Master Plan 2017 to spur economic growth in the country. Read More
Botswana to enhance education through ThutonetLaunching the Thutonet Governance Structure, Secretary of Education Reforms, Taboka Nkhwa, said for Botswana to make any appreciable progress in its socio-economic development efforts, substantial resources should be directed at improving educational delivery. Read More
Kenya to digitally register all citizens afreshKenya plans to digitally register all citizens as part of national planning and the war against terrorism. Read More
Botswana passes electronic transaction, communications billThe Botswana Parliament has passed the Electronic Communications and Transactions Bill, which gives legal recognition to electronic transactions. Read More
Angola stimulates ICT innovation in governmentThe Angolan Government is seeking to boost the use of ICTs in public service administration and service delivery through its ‘Innovate’ programme for the public sector. Read More
Kenyan Deputy President takes to TwitterKenya’s Deputy President William Ruto took to Twitter today, to interact with Kenyans on the platform for the first time. Read More
Nigeria, China sign power MoUA consortium of companies in Nigeria and a Group of top-rate Chinese investors have signed a Memorandum of Understanding (MOU) on power plant projects, including the assembling and manufacturing of pre-paid power meters. Read More
Cofek challenges Kyalo appointmentCofek has challenged the appointment of the Information, Communication and Technology Authority Chief Executive, Mr Victor Kyalo. Read More
FEATURED STORYKenyan shift to Green Economy would generate USD 45bn by 2030
Kenya’s transition to a green economy could produce major economic benefits equivalent to an estimated USD 45 billion by 2030, a new study shows.
BEST READ NEWS
IN DEPTHE-waste threatens Ghana’s beaches
Many beaches in Ghana, already stressed by pollution and poor maintenance, are now facing a new threat: e-waste.
COMPANY NEWSFurther African expansion for Phoenix
Phoenix Distribution, a leading broad-based distributor on the African continent, has expanded its office in Nairobi, Kenya, in a move to better serve its partners in East ...