Nigeria FinTech Landscape - Impact Assessment
Despite the progress made in the Nigerian FinTech ecosystem, there are
that stakeholders need to make concerted efforts to address (8/9)
still
gaps
6 Talent
00
44
Progress
Private developer institution trainings
e.g. Andela, Decagon -The
Andela Learning community has
supported over 23,500 learners,
produced over 12,000 graduates
across 17 countries in Africa
including Nigeria
The Lambda school Africa Pilot
provides a chance to be hired by a
participating company e.g.
PayStack, Cowrywise after the
programme
HNG has run 5 batches of
internships with a total of 15,000
interns trained since the first batch
Current gaps
&
Opportunities
Education
Inadequate academic and industry
resources to develop sustainable tech talent
pipeline:
ā
ā
Limited number of internship
programmes within FinTech to develop
a sustainable talent pipeline
Sub standard university curriculum
Limited private institutions training. Only
a few such as Andela, Decagon
Redesign tech computer science and other tech
related curriculum in universities with focus on
relevance for Nigeria's ecosystem
Explore potential partnerships between universities
and Tech institutions/training schools to lecture
students
Development partners to encourage tech visiting
scholars at key universities
Encourage strategic location of Tech/FinTech
companies around key universities to create tech
talent hub e.g. Bangalore
Design alternative degrees e.g. Associate degrees.
which are shorter in duration and allows students to
start learning on the job faster
Develop more Industry wide Internship &
Apprenticeship programmes
Scale up internship programmes such as the
Lambda school program to involve more FinTech
Create Apprenticeships for capable school leavers.
who can start to learn on the job quickly
SOURCE: Expert Interviews, Press Search
173
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