He pointed out that the implementation of the universal curriculum necessitates links, which can only be made possible by technology.
He made this announcement during the Payaza Fintech Hackathon 2.0 in Lagos, which has as its theme Empowering Africa: Leveraging Generative AI for a Tailored Financial Journey.
He clarified that because the tech sector is cutting edge, students must be exposed to the newest techniques, tools, and trends.
In addition, he stated that cooperation between IT firms and higher education establishments guarantees that students possess not only a solid theoretical understanding but also practical abilities that are easily implemented in the workplace.
"Through collaboration with academic institutions, corporations can access the extensive reservoir of research expertise present in these establishments, expediting the rate of technological progress," he stated.
According to Margaret Cole, Product Marketing Manager at Payaza, the goal of the hackathon was to close the knowledge gap between emerging talent and the ecosystem that can nurture, develop, and support them.
"There is little to no room for young, nascent talents with so much potential and hunger with no opportunity to nuture, grow, and demonstrate their skills in the right environment," the speaker stated. "The tech industry is almost always interested in established, experienced, and ready to use talent."
She explained the rationale behind the topic by saying, "The future of AI is here; it is happening right now as we speak. AI will soon replace all other industries and sectors as the new way of life.
Additionally, Payaza's business is to meet our clients' needs by offering payment solutions through the use of modern infrastructure and technology. To do this, it makes sense that we start looking for AI-enabled solutions.
Iya Finance, the winning team, took home $5,000. Naya, the first runner-up, took home $3,000, while Enigma, the third finalist, took home $1,500. Each team in attendance at the finals was given additional monetary gifts in addition to a $100 participation fee.