Nigeria trains ICT entrepreneurs
GOVERNMENT| 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
Online condolences flood in for SataZambians and non-Zambians have flooded social media sites with condolences over the death of the country’s president Michael Sata at the age of 77. Read More
Harnessing support for Government to leverage Open SourceFree Open Source Software (FOSS) has huge potential to be an enabler for effective service delivery, says T-Systems. Read More
Rwanda to fast-track cashless societyThe Government of Rwanda has moved to accelerate its plans to transform Rwanda into a cashless economy. Read More
Senegal moves to protect citizens’ personal dataSenegal has launched a major public consultation exercise to seek practical and operational solutions to protect its citizens’ personal information, and promote the development of the digital economy. Read More
Rwanda re-elected member of ITU CouncilRwanda has been re-elected a member state of the Council of the International Telecommunication Union (ITU) for 2014-2018. Read More
Tanzania’s 2014-2025 energy reform roadmap to successTanzania’s Ministry of Energy and Minerals has published an Electricity Supply Industry Reform Strategy and Roadmap for 2014 to 2025. Read More
ICT put to good use in Botswana electionsBotswana voters went to the polls today in an election that that been characterised by innovative ICT use. Read More
Presidential candidates say no to BTCL privatisationFormer Malawian president Joyce Banda graced the live Gabz FM Botswana presidential candidates debates at Westwood primary school, where the two presidential candidates present say the BTCL IPO is in vain. Read More
Rwanda’s Minister of Youth and ICT addresses ITU Plenipotentiary ConferenceRwanda’s Minister of Youth and ICT, Jean Philbert Nsengimana, today addressed the 19th International Telecommunication Union plenipotentiary conference in South Korea. Read More
FEATURED STORYGrowing African focus on data security
Beachhead Solutions’ new SA and Mauritius country manager explains the challenges and solutions around securing customer data and compliance with new personal information legislation.
BEST READ NEWS
IN DEPTHAfrica lags on digital migration
Only three African countries have so far completed the digital migration process, and serious issues are hampering the migration in other nations.
COMPANY NEWSSchneider Electric off-grid, on-profit solutions to create social change in African rural communitie
Schneider Electric South Africa has set itself a target to create access to energy for 20,000 Africans by the end of this year.SAP accelerates shift to the Cloud with 41% revenue growth in third quarter
SAP has once again raised its revenue outlook, reporting broad market adoption of SAP HANA and its ‘Run Simple’ strategy validated.