Lagos, Nigeria – In a strategic move to address the digital skills shortage in Nigeria, Kedrus Academy has partnered with Finquest Finance to provide education and training in data and artificial intelligence (AI) skills. The collaboration aims to equip 20,000 professionals and young adults with essential digital competencies by 2030.
The partnership was announced in a statement from Kedrus Academy, signed by its founder, Stella Justin, on Tuesday. The initiative underscores the growing importance of digital skills in today’s job market, particularly in data and AI, which are increasingly pivotal in various industries.
In 2023, a survey by GetBundi, an online education technology company, revealed that over 100 million young Nigerians lacked the digital skills necessary to secure high-quality job opportunities. This finding aligns with a report by the International Monetary Fund, which projected that AI would impact 40 percent of jobs.
To address this gap, Kedrus Academy and Finquest Finance, a Nigerian lending platform focused on education and capacity development, are introducing a zero-interest loan program. This program will cover tuition costs for data and AI courses, making these crucial skills accessible to professionals, young Nigerians, and low-income individuals.
“Through the ‘Learn Now, Pay Later’ model, Kedrus Academy and Finquest Finance aim to eliminate financial barriers and empower individuals to launch successful careers in tech. This partnership also supports our mission of training 20,000 professionals and young adults by 2030,” said Stella Justin.
The initiative represents a significant step towards reducing the digital divide in Nigeria, ensuring that more individuals have the opportunity to participate in the digital economy. By offering financial support and removing cost barriers, Kedrus Academy and Finquest Finance are paving the way for a more inclusive and skilled workforce.
As the digital landscape continues to evolve, the demand for data and AI expertise is expected to grow. This partnership not only aims to meet current needs but also anticipates future trends, preparing Nigeria’s workforce for the challenges and opportunities of the digital age.