NITDA, Flutterwave, and Alami Sign MoU to Advance Nigeria’s Digital Transformation
In a strategic move to strengthen Nigeria’s digital economy, the National Information Technology Development Agency (NITDA) has partnered with leading fintech players Flutterwave and Alami. This partnership, solidified through a Memorandum of Understanding (MoU), aims to enhance fintech innovation, digital literacy, and the development of critical digital infrastructure across Nigeria.
The MoU was signed by NITDA’s Director-General, Flutterwave CEO Olugbenga Agboola, and Alami CEO Ms. Olu White. Their collaboration focuses on fostering an inclusive, technology-driven ecosystem that aligns with Nigeria’s broader digital transformation goals.
Key Areas of Collaboration
According to NITDA, this fintech partnership will concentrate on the following strategic initiatives:
1. Strengthening Public-Private Partnerships
The agreement emphasizes developing robust digital payment infrastructure and expanding access to technology financing to drive financial inclusion and economic growth.
2. Hosting Digital Nigeria Week 2025
This event will serve as a platform to showcase fintech innovations, facilitate workshops and panel discussions, support startups and SMEs, and encourage strategic collaborations within the Nigerian tech industry.
3. Supporting NITDA’s Core Initiatives
The partnership aligns with NITDA’s major programs, including:
- National Digital Economy Policy and Strategy (NDEPS)
- NITDA Strategic Roadmap and Action Plan (SRAP 2.0)
- Entrepreneurship and innovation support
- Enhancing digital literacy and cybersecurity measures
NITDA highlighted that this collaboration is a crucial step towards achieving Nigeria’s digital transformation objectives, aligning with President Bola Tinubu’s Renewed Hope Agenda.
Impact on Nigeria’s Digital Ecosystem
By leveraging Flutterwave’s expertise as a leading African payment technology company and Alami’s innovation-driven fintech solutions, NITDA seeks to establish an enabling environment for startups, entrepreneurs, and SMEs. The partnership is expected to:
- Enhance digital financial inclusion by making payments and transactions more accessible.
- Empower SMEs with cutting-edge fintech solutions to scale their businesses.
- Improve digital literacy through targeted training programs and awareness campaigns.
- Strengthen cybersecurity frameworks to create a secure digital environment.
What You Should Know
As part of its broader digital transformation strategy, NITDA has also partnered with the National Youth Service Corps (NYSC) to train 30 million Nigerians in digital skills. This initiative aligns with the country’s goal of achieving widespread digital literacy and tech-driven economic growth.
For further details on Nigeria’s digital transformation journey, visit Nigeria’s Ministry of Communications and Digital Economy.
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