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
Macra kicks off ICT access surveyThe Malawi Communication Regulatory Authority has started a national survey on ICT access and usage in Malawi. Read More
NCC gives operators to Jan 2015 to design consumer compensationThe Nigerian Communications Commission (NCC) has set up a committee to look into how consumers could be compensated directly by service providers for the depletion of their air time due to poor quality of services (QoS). Read More
NCA launches Type Approval Portal in GhanaGhana's National Communication Authority has launched an Online Portal for Type Approval at the plush La Palm Beach Hotel in Accra. Read More
BIH gauges Open Data readiness in BotswanaOpen Data could make a significant contribution to Botswana’s economic goals, and help re-assert Botswana’s traditional democratic credentials, a study has found. Read More
Ghana moots lifting of smartphone import taxThe Government of Ghana is set to consider the lifting of import tax duties on smart phones. Read More
Broadband ‘boosts growth’Every economy today requires broadband for growth and prosperity, says Joseph Tiampati, Principal Secretary in the Ministry of Information, Communications and Technology. Read More
CAK: all systems go for Universal Service FundKenya's long-awaited Universal Service Fund has finally become a reality and it aims to bridge the digital divide. Read More
Khama spells out ICT roadmap in SONAIn his first National Assembly address after his reelection, Botswana President Ian Khama told the nation that the implementation of the National Research, Science, Technology and Innovation policy (RSTI) has started. Read More
Ghana to launch first phase of National Fibre Network soonThe Government of Ghana is expected to officially commission the completion of work on the fibre optic network connecting the eastern corridor linking Ho in the Volta region and Bawku in the Northern Region of the country by the end of December this year. Read More
FEATURED STORYGSMA: half a billion mobile subscribers in SSA by 2020
The number of unique mobile subscribers in Sub-Saharan Africa will pass the half billion mark in 2020, says a new GSMA report.
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.