A not-for-profit organisation, Nerdzfactory Foundation, has stated that women’s empowerment is a catalyst for any nation’s economic growth.

The Managing Director of Nerdzfactory Foundation, Ade Olowojoba, said this during the Women Digital Entrepreneurship Programme held in Lagos.

Olowojoba said the initiative, carried out in partnership, has empowered 500 women between the ages of 20 to 45 with the skills and resources necessary to thrive in the digital business landscape.

Olowojoba emphasised that the initiative comes as a crucial response to the challenging circumstances faced by women, who make up more than 60 per cent of Nigeria’s disadvantaged population.

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“Moreover, in the face of Nigeria’s booming digital environment, with nearly 84 million internet users in 2022 and an expected increase to 117 million by 2027, the program seized the perfect moment to leverage this digital growth for transformative change.” he said

Olowojoba added that empowering women is not only a moral imperative but also an economic one, noting that by equipping women with the tools needed to excel in the digital economy, they are not only transforming individual lives but also making a substantial contribution to the growth and development of the nation.

“Building on the resounding success of its predecessor, the Women Digital Entrepreneurship Program exposed both existing and aspiring female entrepreneurs to an array of opportunities within the digital realm,

“The programme modules covered fundamental topics, including initiating online businesses, identifying digital business prospects, customer acquisition strategies, social media marketing, raising capital, and effective bookkeeping.” he said