Lagos State governor, Babajide Sanwo-Olu, expressed interest in a win-win partnership between Mastercard and the state government in the areas of technology, digitalization, and innovation.
The governor in a recent statement said that his administration’s construction of backup infrastructure will support Mastercard’s investment push in the region.
He was visited at Lagos House by the management of Mastercard, which was led by Dr. Dimitrios Dosis, the company’s President for Eastern Europe, the Middle East, and Africa.
He said, “Part of our vision is for Lagos to become the knowledge warehouse; a city where anywhere in the world if you need anything in terms of innovation, knowledge and skills, you will come to Lagos
We want to develop millions of young people who are not only smart but willing to change and take on the world. We have seen that in our creative minds, either in entertainment, arts and culture, innovation and technology.
“We need to channel the energy of the young people positively to be able to help solve world problems.
“They need to have access and platforms through which they can flourish and show the skills they have.”
A multi-market agreement between Mastercard and MTN Group Fintech was previously signed.
The agreement initiated a new phase of cooperation by providing digital tools to millions of individuals and small businesses in Africa so they can conduct business through safe mobile payments and increase access to the advantages of the cashless digital economy.