The just concluded Intra Africa Trade Fair in Cairo, Egypt , offered Nigerian entrepreneurs a great opportunity to showcase their capacities, in products and services. For SystemSpecs’, its Executive Director, Deremi Atanda, spoke to Nigerian journalists on what the company is doing to drive Nigeria’s homegrown technology, Remita to the world.
Assessment of Nigeria’s participation at Intra Africa Trade Fair
Nigeria has a lot of good stories that nobody is telling the world. We have majorly been known as an oil producing economy, but there are many other things that are coming out of Nigeria and this administration has a mandate to reshape the external perception of the nation beyond oil. We are a foremost indigenous financial technology firm and operators of the World Bank recommended Treasury Single Account (TSA) in Nigeria. We believe this is something other countries can leverage for greater financial accountability. Before TSA, we’ve been involved in the provision of software to drive businesses on different scales: multinationals, national, and SME. Thus, we are here to let the world know that Nigeria has the capacity for robust and comprehensive software. Nigeria’s goal is to lead Africa in providing technology that solves its financial technology problems. We have done this for 26 years in Nigeria and are primed to export these solutions to Africa and beyond.
How Osinbajo’s presence boosted entrepreneurs confidence at IATF
I think that clearly signifies that at the very highest level, Nigeria is ready to showcase what it has to Africa and to the continent. The presence of the VP lends credence to the postulation that the Federal Government is backing Nigeria companies to succeed. I think it is very encouraging that they are interested in showcasing Nigerian products continentally. The VP is telling the story that Nigeria is beyond oil and that it has a thriving technology sector. We are glad to be one of the companies showcasing the ingenuity of the Nigerian technology space.
Contacts made at the fair
Right, we have received interests from companies in both Anglo and Francophone countries that are curious to discover how we can deploy our payment and payroll solutions to elevate their businesses. We are also making contact with governments of other countries.
It has been all round: from Kenya where they believe they have payment but are keen to know what we can do, to South Sudan where we are going to be sign an MOU with one of its companies as part of the Afrexim agreement. We are positioned to implement our technology to the entire Africa. A major highlight of our participation at the forum is the signing of an MOU with a leading technology firm in South Sudan, which will see the adoption of Nigerian financial technology for its national payment s. It goes to show that Nigeria’s technology footprint will be stamped across Africa. Other countries can draw inspiration from the success of our TSA policy and adopt it in different sectors across their country.