Tech giant Microsoft has unveiled plans to invest $1 million (approximately ₦1.6 billion) in Nigeria’s economy over the next two years.
The initiative aims to equip one million Nigerians with essential Artificial Intelligence (AI) skills, enhancing their capabilities in the rapidly growing tech industry.
The announcement was made today in Lagos by Ola Williams, Microsoft’s Country Manager for Nigeria and Ghana, who emphasized the company’s commitment to supporting Nigeria’s technological growth.
Williams highlighted the importance of AI in shaping the future of industries, noting that this investment will create significant opportunities for individuals, communities, and businesses across the country.
The funding will go towards various programs and partnerships designed to improve access to AI education, offering training and resources to individuals and organizations in key sectors such as education, healthcare, and finance.
Through this initiative, Microsoft aims to bridge the skill gap and empower the next generation of Nigerian tech leaders.
As part of the project, Microsoft will collaborate with local institutions and technology hubs to offer tailored AI courses, workshops, and certifications.
These programs will be accessible to Nigerians from all backgrounds, particularly young people and professionals looking to upskill in AI-related fields.
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Williams noted that AI is increasingly becoming a crucial component of Nigeria’s digital transformation, and by investing in the nation’s workforce, Microsoft hopes to foster innovation, create jobs, and position Nigeria as a key player in the global tech landscape.
The company’s move comes at a time when Nigeria is striving to advance its tech sector, with an emphasis on expanding digital literacy and creating a sustainable tech ecosystem.
Microsoft’s investment is expected to have a lasting impact on Nigeria’s economy by empowering a skilled workforce capable of navigating the challenges of an AI-driven future.
This investment is part of Microsoft’s broader strategy to deepen its presence in Africa and contribute to the continent’s digital transformation.
The company has made similar investments in other African nations, and its focus on Nigeria, the continent’s largest economy, underscores the importance of the country as a key hub for technological innovation.