To promote digital transformation and bolster Nigeria’s economy, the National Information Technology Development Agency (NITDA) has inked a Memorandum of Understanding (MoU) with Flutterwave, Africa’s top payments technology company, and Alami, a private limited liability company that focuses on empowering young entrepreneurs and SMEs in the technology and creative industries.
This partnership is consistent with NITDA’s dedication to putting the National Digital Economy Policy and Strategy (NDEPS) into practice and making sure SMEs have the resources they need to prosper in the digital age.
Following a meeting to deepen partnerships on FinTech innovation, digital literacy, infrastructure development, and open-source technology promotion, NITDA Director General Kashifu Inuwa, Flutterwave CEO Olugbenga Agboola, and Alami CEO Ms. Olu White formed the partnership.
By encouraging digital literacy, supporting fintech innovation, and establishing an environment that allows businesses to take advantage of safe and effective financial solutions, the parties will collaborate to close the digital gap.
Speaking about the collaboration, NITDA Director General Kashifu Inuwa Abdullahi underlined the importance of public-private cooperation in accomplishing Nigeria’s goals for the digital economy.
“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 stated.
Inuwa also underscored the importance of strengthening NITDA’s engagement with key private sector players like Flutterwave to accelerate digital transformation.
“This partnership is a vital step towards achieving shared goals for digital transformation, showcasing our commitment to the betterment of Nigeria in line with the President’s Bola Ahmed Tinubu Renewed Hope Agenda,” he added.
By equipping Nigerian businesses with the tools to embrace digital solutions, we aim to enhance economic growth, create job opportunities, and ensure inclusive access to the benefits of a digital economy. Together, we are committed to building a resilient and sustainable digital future for all Nigerians.
Flutterwave’s Founder and CEO, Olugbenga ‘GB’ Agboola, expressed confidence in the partnership’s potential to empower SMEs, saying, “Many small businesses in Nigeria struggle to fully embrace digital solutions, and we believe that by providing seamless and secure payment technologies, we can help them scale with confidence. Our collaboration with NITDA reinforces our dedication to fostering a truly inclusive digital economy,” he said.
The partnership will focus on strengthening public-private partnerships through digital payment infrastructure and technology financing, Digital Nigeria Week 2025: Showcasing Payment Innovations, Workshops & Panel Discussions, Empowering SMEs & Startups, and Fostering Strategic Partnerships.
Furthermore, the MoU will focus on collaboration on NITDA’s key initiatives like the National Digital Economy Policy and Strategy (NDEPS), NITDA Strategic Roadmap and Action Plan (SRAP 2.0), Innovation and Entrepreneurship Programmes, Digital Literacy and Skills Development, and Cybersecurity.
This collaboration represents a major milestone in Nigeria’s journey toward digital transformation, demonstrating NITDA’s commitment to fostering an inclusive, innovative, and sustainable digital future for all Nigerians.
