Microsoft has announced a $1 million investment to provide AI training for 1 million Nigerians, aiming to bolster the digital economy. This initiative aligns with Nigeria’s national AI Strategy and will enhance employability through various skilling programs. The AI Tour serves as a platform for learning about AI advancements and promoting innovation in multiple sectors.
Microsoft has made a significant announcement regarding a $1 million investment in artificial intelligence (AI) skilling for 1 million Nigerians, emphasizing its commitment to enhancing the nation’s digital economy. This investment was unveiled during the Microsoft AI Tour in Lagos, which functions as a global event series gathering business professionals and AI enthusiasts to explore AI’s transformative potential.
Artificial intelligence is viewed as a powerful tool for disruption, with the ability to reshape the global business landscape and Africa at large. Projections indicate that Nigeria’s AI market will experience a growth rate of 27.08% annually from 2025 to 2030, contributing an estimated $15 billion to the nation’s GDP by that time, contingent upon the development of the requisite skills and technological access.
To support Nigeria’s draft National AI Strategy, which targets providing AI-related skills to 70% of its young workforce, Microsoft’s investment through the Microsoft AI Skilling Initiative will deliver essential training to 1 million citizens. Ola Williams, Managing Director of Microsoft Nigeria and Ghana, emphasized the transformative power of AI and the company’s dedication to empowering individuals and organizations.
This strategic initiative reflects Microsoft’s ongoing commitment to enhance AI capabilities across Nigeria. The investment encompasses various training programs aimed at developing digital, AI, and cybersecurity skills, particularly for the youth and women, thereby boosting employability across the nation.
The AI Skilling Initiative will broaden Microsoft’s programs to equip one million Nigerians by 2026, including leaders in the public sector. This effort aligns with the Nigerian government’s objectives to stimulate economic growth and promote social inclusion and technological advancement within the nation.
The launch emphasizes the importance of democratising access to AI education for community advancement, as highlighted by Williams. Since commencing skills development investment in 2021, Microsoft has reached a substantial number of Nigerians through various partnerships and programs.
During the AI Tour event, attendees engaged in hands-on experiences to learn about the latest advancements in AI technology. The event offered insights from AI experts and industry leaders on harnessing AI for business innovation and growth across different sectors.
Lillian Barnard, President of Microsoft Africa, remarked that leveraging AI is essential for organizations seeking significant growth and optimization. She stressed that understanding AI impacts requires adeptness in aligning initiatives with business strategies. This event provided a valuable opportunity for professionals to explore AI’s potential.
By hosting the AI Tour and reaffirming skills development commitments, Microsoft demonstrates its unwavering dedication to Nigeria’s digital future. Through collaboration with various partners, including the Nigerian Government, Microsoft aims to enhance innovation, drive economic growth, and promote an inclusive digital landscape.
In conclusion, Microsoft’s $1 million investment in AI skilling for 1 million Nigerians underscores its commitment to fostering digital skills to enhance Nigeria’s economy. This initiative supports the national AI strategy and aims to prepare the workforce for future AI demands. The AI Tour provides essential knowledge and networking opportunities, reflecting Microsoft’s dedication to empowering communities and contributing to Nigeria’s technological advancement and inclusivity.
Original Source: news.microsoft.com
