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Microsoft, First HoldCo Partner to Drive Innovation in Nigeria and Africa

"The group will accelerate its innovation with this partnership and together we can support innovation across #Nigeria and #Africa"

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Microsoft has partnered with First HoldCo to drive innovation across Nigeria and Africa.

The partnership was announced after Femi Otedola, Chairman of First HoldCo, and his board of directors visited Microsoft’s Dubai office to discuss the strategic partnership.

“The group will accelerate its innovation with this partnership and together we can support innovation across #Nigeria and #Africa,” said Naim Yazbeck, President Muhammadu of Microsoft Middle East and East Africa, in a statement on LinkedIn.

Yazbeck expressed appreciation to Otedola and the board team for their visit to Microsoft’s office.

This partnership comes after First HoldCo Plc announced the completion of the sale of its 100 percent stake in FBNQuest Merchant Bank Limited to EverQuest Acquisition LLP on November 29.

Microsoft has been actively investing in Nigeria’s tech ecosystem, including a $1 million investment to train one million Nigerians in Artificial Intelligence (AI) skills.

Microsoft’s commitment to Nigeria is evident in its efforts to promote local innovation, empower startups, and enhance digital skills.

The company has partnered with Flapmax to promote local innovation in Nigeria and support startups in realizing their full potential.

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