Visa and Microsoft join forces to boost Nigeria’s fintech with AI skills week

Visa and Microsoft have teamed up to empower Nigeria’s fintech sector through a dynamic AI Skills Week event held from May 26 to 30. The program brought together over 70 developers and 150 technology leaders from financial services for workshops, live sessions, and a hackathon focused on real-world fintech challenges.

The week-long event aimed to build practical AI skills, especially in areas like Know Your Customer (KYC) compliance, a key regulatory requirement in finance. Participants explored cutting-edge AI tools such as Azure OpenAI and Microsoft Copilot to design innovative solutions that enhance security and customer experience.

Andrew Uaboi, Vice President and Cluster Head of Visa West Africa, said, “We are proud to support Nigeria’s next generation of fintech leaders by fostering technologies that are secure, inclusive, and scalable. This partnership with Microsoft helps turn compliance challenges into competitive advantages tailored for African markets.”

Ola Williams, Managing Director of Microsoft Nigeria and Ghana, added, “Nurturing talent is vital for sustaining Nigeria’s fintech innovation. Through initiatives like AI Skills Week, we equip developers and leaders with the tools to drive financial inclusion and elevate customer experiences.”

The hackathon winners received mentorship and potential support to bring their AI-driven fintech solutions to market, highlighting Visa and Microsoft’s commitment to Africa’s growing digital economy.

This collaboration highlights the importance of responsible AI adoption in fintech, balancing innovation with compliance and privacy to build trust and inclusion in Nigeria’s financial ecosystem.

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