Etranzact Collaborates With Edc To Assess Msmes’ Ai Preparedness

Alleged Partnership Between Etranzact and Enterprise Development Centre (EDC) to Survey Artificial Intelligence (AI) Knowledge and Readiness Among SMEs

A partnership has been established between eTranzact, a leading payment solutions provider, and the Enterprise Development Centre (EDC), Pan Atlantic University, to conduct a comprehensive survey on the level of knowledge and preparedness of Micro, Small, and Medium Enterprises (MSMEs) in Nigeria towards Artificial Intelligence (AI).

The launch of this partnership at eTranzact’s office in Lagos marks an important step towards shaping the future of the Nigerian economy. The survey results obtained from this initiative are expected to provide valuable insights for government officials, policymakers, investors, industry watchers, and other key stakeholders. The gathered information will facilitate effective planning, decision-making, and policy design at both state and federal levels.

Addressing the audience during the launch event, Mr. Niyi Toluwalope, the Managing Director/CEO of eTranzact International, expressed his optimism about the partnership’s potential impact: “Today, we are igniting a movement that will prepare our Small and Medium Enterprises (SMEs) and Micro, Small, and Medium Enterprises (MSMEs) for the rapidly evolving world of Artificial Intelligence (AI). Our collaboration with the Enterprise Development Centre (EDC) to champion the AI Readiness Survey is a testament to our commitment to driving innovation and ensuring that no business is left behind in this digital era.”

Furthermore, Mr. Toluwalope emphasized the significance of AI as a catalyst for national development and an equalizer. He highlighted the importance of assessing the readiness of SMEs and MSMEs in Nigeria to integrate AI into their operations, stating that it is crucial for positioning Nigerian businesses to compete on a global scale.

Dr. Olawale Anifowose, the Director for Programs and Partnerships at Enterprise Development Centre (EDC), also expressed the pressing need for Nigeria to embrace AI in line with the ever-dynamic business environment and modern technology. Recognizing the numerous benefits associated with AI adoption, Anifowose underscored the importance of Nigeria joining the rest of the world in leveraging artificial intelligence.