Microsoft Invests $1M In AI Skilling For Nigerians

Microsoft has announced a $1 million investment to provide Artificial Intelligence (AI) training for one million Nigerians. The initiative is part of the company’s support for Nigeria’s National AI Strategy and aims to create a future-ready workforce that can drive innovation and economic growth.

The investment comes at a time when AI is rapidly transforming industries worldwide. Microsoft’s goal is to equip Nigerians with essential AI skills to enhance productivity and unlock new opportunities.

Lillian Barnard, President of Microsoft Africa, highlighted the importance of AI adoption in accelerating advancement and preparing individuals for the evolving digital economy.

As part of this effort, Microsoft hosted its AI Tour in Lagos, bringing together business leaders, developers, and partners to showcase AI’s potential. The event is one of 60 AI-focused gatherings that Microsoft is organizing globally to highlight the transformative power of AI.

Barnard emphasized that AI is a game-changer for businesses, urging leaders to adapt to the new technological landscape. She cited research projecting a $1.5 trillion increase in Africa’s GDP if the continent captures just 10 per cent of the global AI market.

Since 2021, Microsoft has collaborated with the Nigerian government to train millions of young people in AI and cybersecurity. These initiatives aim to prepare the workforce for AI-driven job opportunities and equip them with skills for the future economy.

To measure success, Microsoft is focusing on certification programs and job creation. By providing technical skills and supporting startups, the company hopes to boost employment and foster economic growth in Nigeria.

Looking ahead, Barnard envisions Africa embracing AI to solve pressing challenges in healthcare, education, agriculture, and financial services. She believes the continent has the potential to become a global leader in AI innovation and drive sustainable growth in the digital era.

Source: CNBCAFRICA