How to tap from $180bn digital economy – Experts

The digital economy has been projected to hit $180bn by 2025 with experts advising young techpreneurs to develop themselves by acquiring skills to take advantage of the fast rising digital ecosystem.  Women were specifically advised to bring out the skills and talents in them to be relevant in the tech space. These were views of […]

How to tap from $180bn digital economy – Experts

The digital economy has been projected to hit $180bn by 2025 with experts advising young techpreneurs to develop themselves by acquiring skills to take advantage of the fast rising digital ecosystem. 

Women were specifically advised to bring out the skills and talents in them to be relevant in the tech space.

These were views of participants when PalmPay, a fintech company, hosted the second edition of its “PalmPay Purple Woman 2.0 Masterclass” to celebrate International Women’s Day 2025.

The three-day event, held from March 6 to March 8, brought together over 100 exceptional women aged 18 – 30, selected through a competitive process to receive intensive training in various tech disciplines.

Speaking on the theme of the programme titled, “Accelerating the Future of Payments: Women, AI and Fintech”, the Head, Marketing and Communications, PalmPay Nigeria, Femi Hanson, noted that “Since the masterclass commenced 2 days ago, we have had over 100 women trained on HR, Data Analysis, Product Management, Software Engineering, DevOps, UX/UI, and Digital Marketing.

“We recognise that technology is a powerful enabler and for too long, women have been underrepresented in the fintech and tech industries. That is why PalmPay is committed to breaking barriers, providing access to digital skills and creating pathways for women to thrive in the world of finance and technology.

The training was organised in collaboration with distinguished industry leaders, including Kemi Okusanya, CEO of Hydrogen Pay; Lara Osunsoko, Executive Director, Operations at Stanbic Pensions; and Obianuju Odukwe, Vice President, Digital Ecosystems at Interswitch Group.

The CEO Hydrogen Pay in her presentation said tech industry’s global revenue would hit $5.3 trillion while Africa’s digital economy is projected at $180bn contributing 5.2% of Africa’s GDP.

She advised the young women to take advantage of the opportunities in the digital space, asking them not to be discouraged by their gender. 

10 outstanding participants were awarded six-month internships across various PalmPay departments which allow them to gain hands-on experience and further their skills within a leading Fintech environment.