February 24, 2025

FINTECH MAGAZINE AFRICA

Fintech eyes in africa

NITDA Partners with Flutterwave and Alami to Drive Digital Transformation And Empower SMEs

The National Information Technology Development Agency (NITDA) has entered into a strategic partnership with Flutterwave, Africa’s leading payments technology company, and Alami, a private limited liability company focused on supporting young entrepreneurs and SMEs in the technology and creative sectors. This collaboration, formalized through a Memorandum of Understanding (MoU), aims to accelerate Nigeria’s digital transformation and strengthen its economy.

Advancing Nigeria’s Digital Economy

This partnership aligns with NITDA’s commitment to implementing the National Digital Economy Policy and Strategy (NDEPS), ensuring that small and medium-sized enterprises (SMEs) have the digital tools needed to thrive. The initiative was established following a meeting between NITDA’s Director General, Kashifu Inuwa, Flutterwave CEO Olugbenga Agboola, and Alami CEO Olu White, where they explored collaborations in fintech innovation, digital literacy, and infrastructure development.

Bridging the Digital Divide

The three organizations will work together to promote digital literacy, drive fintech innovation, and create an environment where businesses can leverage secure and efficient financial solutions.

Speaking on the partnership, NITDA’s Director General, Kashifu Inuwa Abdullahi, emphasized the importance of public-private collaboration in achieving Nigeria’s digital economy goals:

“Flutterwave’s innovative fintech solutions align with our vision for a thriving digital economy. Slow digital adoption among SMEs has been a major obstacle to economic growth, and through this collaboration, we aim to provide businesses with the resources and infrastructure needed to transition into the digital age.”

He further stressed the significance of engaging key private sector players like Flutterwave to accelerate digital transformation in Nigeria:

“This partnership is a vital step towards achieving shared goals for digital transformation, showcasing our commitment to Nigeria’s progress in line with the President’s Renewed Hope Agenda.”

By equipping businesses with digital tools, the initiative aims to foster economic growth, create jobs, and ensure inclusive access to digital opportunities.

Flutterwave’s Commitment to SMEs

Flutterwave’s Founder and CEO, Olugbenga ‘GB’ Agboola, expressed confidence in the impact of the collaboration:

“Many small businesses in Nigeria struggle to fully embrace digital solutions. By providing seamless and secure payment technologies, we can help them scale with confidence. Our partnership with NITDA reinforces our dedication to fostering a truly inclusive digital economy.”

Key Areas of Collaboration

The partnership will focus on:

  • Strengthening public-private partnerships through digital payment infrastructure and technology financing
  • Hosting Digital Nigeria Week 2025, featuring fintech innovations, workshops, and panel discussions
  • Empowering SMEs and startups with digital tools and resources
  • Fostering strategic partnerships to drive economic transformation

Additionally, the MoU will support collaboration on NITDA’s key initiatives, including:

  • National Digital Economy Policy and Strategy (NDEPS)
  • NITDA Strategic Roadmap and Action Plan (SRAP 2.0)
  • Innovation and Entrepreneurship Programs
  • Digital Literacy and Skills Development
  • Cybersecurity Initiatives

A Milestone for Nigeria’s Digital Future

This partnership represents a major step in Nigeria’s journey toward digital transformation, reinforcing NITDA’s commitment to fostering an inclusive, innovative, and sustainable digital economy for all Nigerians.

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