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DIGITAL SKILLS AND CAPACITY BUILDING: HAELSOFT’S CONTRIBUTION TO NIGERIA’S DIGITAL ECONOMY

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DIGITAL SKILLS AND CAPACITY BUILDING: HAELSOFT’S CONTRIBUTION TO NIGERIA’S DIGITAL ECONOMY

It is hard to imagine any country in the modern world today without an existing digital economy. The contributions of digital assets and inclusion across all industries that function in a commercial capacity cannot be overemphasized, as it make up for a huge percentage which makes work and processes easier. Given its stated importance, it is imperative that different organizations build capacity for businesses and organizations in order to contribute generally to the growth and development of any nation.

Haelsoft has been one of the top companies which have focused and invested extensively on improving digital capacity building by holding different training sessions and events. Haelsoft have always understood the significance of capacity building in the digital sector and how it can stimulate a better digital economy which has been lacking so much in Nigeria.

While technology has contributed significantly to better education and business development over the years, there has been an increasing need and demand for better digital inclusion, especially with the occurrence of the Covid-19 pandemic. Innovative tools facilitate easier access and exposure to newer learning experiences that could help improve businesses, and likewise the digital economy. Learning digital skills in particular ensures business’s gain access to knowledge and skills they will usually to be exposed to within a regular work setting.

During the Covid-19 pandemic, physical and social distancing increased the need to learn digital skills. Several businesses and entrepreneurs served by Haelsoft’s digital skills capacity building efforts would easily be able to operate their business effectively in even the most restricted conditions. With the prospect of a new normal, embracing a sustained adoption of digital skills, tools and remote work required a demand-driven urgency to deliver high-quality digital capacity-building.

With the help of technology, Haelsoft was able to deliver training for digital skills in an engaging, interactive, and visually stimulating environment. Here, trainees were enlightened on Ways through which technology and digital skills help minimize business costs ranging from transportation and communications, while fostering capacity building activities that impacts the audience. As a result, participants were able to improve inclusivity in their business, thereby allowing them connect to customers who they were less likely to have access to. The several digital skills training programs held by Haelsoft led to an enhanced integration of digital tools into the delivery of capacity building activities.

Digital Capacity Building for Businesses By Haelsoft

Capacity-building is built from three interdependent levels – individual, institutional and systemic. Capacity-building as such goes beyond technical cooperation and training approaches. It can be defined as “a change process through which entrepreneurs and institutions engage in a set of learning methods, whereby they develop and acquire knowledge, skills, know-how, and tools that strengthen their ability to effectively intervene, transform and improve themselves and the environment in which they operate.”

In the context of Haelsoft’s work, capacity building is a far more complex process than “training”, which is but one element of capacity building. Effective capacity-building takes place in a dynamic and interactive learning environment that should combine a variety of tools and methods, including specialized courses, policy seminars, expert group meetings, tailor-made trainings, peer-to-peer learning and knowledge exchange workshops that support the learning cycle.

We approach Digital capacity-building as a key tool for achieving goals as part of a holistic capacity-building strategy. Blended learning approaches  can be used in many ways to integrate both digital and non-digital methods. It should be noted that there is no one-size-fits-all solution to either digital, or non-digital capacity building. The appropriate use and mixture of both techniques is highly contextual. It depends on learner needs, subject area, availability of devices, stable internet connection and instructor capacity.

Opportunities of Digital Capacity-Building Events by Haelsoft

Prior to outlining the specifics of different digital capacity-building approaches by Haelsoft, an overview of the opportunities and challenges of digital capacity building experienced by Haelsoft is presented.

  1. Reduced  cost: The cost of developing a digital capacity-building initiative varies widely. It depends on the type of training, type of approach, and specific tools used. The costs of developing digital capacity-building materials can often be higher, especially those for in-person trainings. The high costs of developing digital media are linked to the use of platforms, videos and graphics that required additional skills and purchase of specific software. This can, however, often be offset against lower total costs of implementing digital capacity-building, thanks to savings made on facility rent, time of facilitators and trainers, and travel expenses.
  2. Inclusivity: While the digital divide can create inequality of access, the digital and in-person format helped to reach participants from marginalized groups. People from marginalized groups, for example persons with disabilities, or women had no trouble attending in person. It should, however, be noted that, depending on the context, marginalized groups may become more isolated in a virtual learning activity, as their specific needs become less visible. Digital capacity-building also strengthen spatial inclusivity. Rural areas may not have the same access to education as urban areas. Our Digital capacity-building helped to bridge this divide.
  3. Innovative technological tools: Innovative tools enable the creation of immersive, interactive, personalized and collaborative learning experiences. These are different to and potentially more effective coupled with in-person experiences. Whiteboarding software, for example, enables real-time collaboration and brainstorming, while allowing additional functions, such as voting. The use of artificial intelligence on a learning platform allows learning experiences to be personalized. This can be achieved through content suggestions based on a learner’s previous activity.

CHALLENGES

  1. Digital divide: As highlighted in the previously, digital capacity-building has the potential to reach users on a much broader scale than in-person learning. This did not, however, disguise the fact that many still lack the financial means, skills, or internet connection necessary to partake in digital activities scheduled by Haelsoft. To resolve this issue, the following strategies were implemented:
  • The program was scheduled to be held both offline and in-house.
  • We ensured all learning experiences are optimized for mobile devices, since smartphones are often more accessible than desktop computers.
  • We enabled the download of materials for offline use. Also, there were varieties of the format, including several versions of learning content. For example, video content is bandwidth heavy, audio is less heavy, and text is light.
  • We Provided appropriate technical support throughout the learning experience to those who experienced difficulties accessing resources.
  1. Limitations of Virtual Learning Methods: Perhaps the most obvious limitation of a virtual learning method in comparison to in-person learning is the lack of physical interaction. Limitations of this nature include: Lower attention span from learners, Reluctance to use or learn technology, Less personal, social, and human learning experience. Virtual collaboration also did not suit all personalities and learning styles. A Lack of informal social interaction and networking prior to and after the learning experience also seem to be an issue.

To solve these issues, we provided clear guidelines for receiving technical support and encouraged a more interactive training session through online workshops.

DIGITAL SKILLS AND CAPACITY BUILDING PROGRAMS ORGANIZED BY HAELSOFT

The most recent digital skills and capacity building event organized by the management of Haelsoft was in 2021. The training was targeted at helping numerous businesses within the business space of Edo State to adapt to the changes due to the COVID-19, and throve in business using fail-proof digital marketing techniques.

Haelsoft Digital Marketing Training in Edo

As you may already know, Digital Marketing is any form of marketing products or services, which involves electronic devices. It can be both online and offline. According to Haelsoft, “it is the use of internet and related digital information and communication technologies to achieve marketing objectives.”

Digital marketing and it`s tools (online advertising, online video and interactive television advertising, mobile marketing, buzz marketing, websites and social media) are perfect for communication with all stakeholders, and at first place with customers.

Accordingly, digital communication become significant element of marketing communication. Companies can hardly gain profit without getting noticed, especially if the target audience is young people that are digital natives. The training focuses on new trends in digital marketing and their impact on companies’ processes to explore how a strategic adoption of digital marketing tools can influence sales and productivity of businesses in Edo State.

Marketing has always been about connecting with your audience in the right place and at the right time. Today, that means you need to meet them where they are already spending time: on the internet. While traditional marketing might exist in print ads, phone communication, or physical marketing, digital marketing can occur electronically and online. This means that there are far more possibilities for brands to reach customers, including email, video, social media, and search engines.

At Haelsoft, we talk a lot about inbound marketing as a really effective way to attract, engage, and delight customers online. But we still got a lot of inquiries from people all around the Nigeria about digital marketing. So, we decided to answer them, this time in Edo State.

Aims and Objectives of the Digital Marketing Training in Edo State

The aims and Objectives of the Digital Marketing Training in Edo State includes:

  • To build the capacity of 400 Micro, Small and Medium-sized Enterprises (MSMEs) across the 18 local government areas of Edo State and provide them with digital marketing support so that they are able to improve their business performance and engage communities around their products/services with Social Media Marketing.
  • To help businesses in this region improve their brand awareness.
  • To improve ROI and Measurable results of MSMEs
  • To build and support “Digital Marketing Ecosystem” across Edo State while leveraging on existing Digital Marketing Agents.
  • To enhance the depth and quality of Digital Marketing information available and accessible to MSMEs in Edo State.

The contributions of this program in helping build the digital skills and capacity of businesses in Edo State cannot be overemphasized, due to the significant results that this has been recorded among businesses that participated. Over 90% of these businesses have achieved significant growth in sales and business operations, after implementing the skills, knowledge and strategies acquired through the program.

The integration of digital marketing strategies into their business’s operations have contributed to exponential lead generation, conversion, and customer retention. This is further evidence of how much digital skills and capacity building contributes towards a better digital economy for business and Nigeria as a whole.

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BUSINESS

Why Cozi Furniture Is The Best Place For Furniture Of Every Budget In Maryland

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Why Cozi Furniture Is The Best Place For Furniture Of Every Budget In Maryland

Furniture enhances a home’s beauty, as it tends not just to occupy space but to give it a look that exudes comfort. But there has always been a narrative that high-quality furniture comes with a high cost, as it is mostly for high-end users—this is not entirely true, as you can get furniture pieces within your budget without breaking the bank. One furniture store that is changing this narrative and making affordable, top-quality furniture available to the residents of Maryland, D.C., Virginia, and its environs is Cozi Furniture

 

Who Is Cozi Furniture?

 

Cozi Furniture is the leading furniture store in the DMV area, offering quality home furniture at affordable prices. It has a physical store in New Carrollton, Maryland, and an online store where you can conveniently shop for your furniture products. These are furniture from reputable brands like Ashley Furniture, Crown Mark, and Coaster 22 Premium.

Why Cozi Furniture Is The Best Place For Furniture Of Every Budget In Maryland

Why Cozi Furniture Is The Best Place For Furniture Of Every Budget In Maryland

Cozi Furniture offers bedroom sets, living room sets, mattresses, home office sets, dining room sets, entertainment sets, outdoor furniture, and accessories in various forms and styles.

 

What Makes Cozi Furniture The Best Furniture Store For Every Budget?

 

1. Affordable Prices

 

Cozi Furniture understands that budget is a top concern for many customers. Hence, it is committed to offering affordable prices on all the furniture pieces at its store. From sofas and loveseats to dining tables and bedroom sets, there is a wide range of furniture for every budget.

 

Notably, the furniture prices at Cozi Furniture are not what you can describe as “too good to be true” because all the products at the store are of high quality. Its furniture is made with top-quality materials and crafted with attention to detail, ensuring that every piece is stylish and durable. This makes Cozi Furniture the best place to buy furniture in Maryland.

 

2. Furniture Financing Program

 

In its bid to make high-quality furniture available to everybody, Cozi Furniture introduced a financing program called “Buy Now Pay Later” that allows you to get your preferred furniture and pay over 48 months with 0% interest. This means that you can purchase any furniture at the store without any down payment, with the opportunity to spread your payment across about four (4) years.

 

Therefore, you can get the furniture and pay monthly until you complete the payment. This flexible payment plan enables you to afford that comfy Warnerton Living Room Set or the 12-inch Ashley Hybrid King Mattress at the store.

 

3. Discounted Sales

 

Cozi Furniture is offering its furniture pieces at discounted prices. So you can save up to 23% on the furniture you buy from the store—both online and offline. For instance, the Mindanao Power Reclining Sofa that used to sell for $1,538 will be available for $1,183. This also applies to the Bolanburg Dining Set and other accessories at the store.

 

4. Return And Refund Policy

 

While Cozi Furniture upholds the sale and delivery of top-quality furniture, the company also has a return and refund plan in the event that you’re unsatisfied with the furniture delivered to you. Therefore, you can either request an exchange or ask for a refund. All these are to ensure the optimum satisfaction of its customers.

 

Cozi Furniture clearly understands the value of spending money on a product, which is why ensuring that the furniture gets a high-quality product in a good state is a greater priority.

 

Conclusion

 

Cozi Furniture is undoubtedly the ultimate destination for affordable, high-quality furniture in Maryland. The store is open to customers of every budget, and various features ensure that you create a beautiful and functional home.

 

Contact Cozi Furniture today to furnish your home with style and class.

 

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DealMakers AFRICA Recognizes Top Mergers, Acquisitions, and Dealmakers in West Africa

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DealMakers AFRICA Recognizes Top Mergers, Acquisitions, and Dealmakers in West Africa

West Africa’s most significant mergers and acquisitions, along with the financial and legal advisers behind them, have been recognised in the recently released 2024 DealMakers AFRICA Annual Awards. The awards highlight transactions that have shaped the region’s corporate landscape, acknowledging the firms and individuals driving complex deals across industries.

The DealMakers AFRICA awards are determined primarily by objective criteria, assessing the value and number of transactions recorded. However, three categories—Deal of the Year, Private Equity Deal of the Year, and Individual DealMaker of the Year—are selected based on nominations from advisory firms. These are evaluated based on factors such as deal complexity, transformational impact, and potential value creation.

DealMakers AFRICA Recognizes Top Mergers, Acquisitions, and Dealmakers in West Africa

In the West Africa Deal of the Year category, four major transactions were shortlisted. These included Olam Agri’s acquisition of Avisen, Chappal Energies’ purchase of Equinor’s Nigerian business, Renaissance Africa Energy’s acquisition of Shell Petroleum Development Company of Nigeria, and the acquisition of Flour Mills by Excelsior Shipping. The winning deal in this category was the acquisition of Shell Petroleum Development Company by Renaissance Africa Energy, a transaction that aligns with Nigeria’s broader objective of increasing local participation in the energy sector. The deal saw ownership of critical onshore assets consolidated under a consortium of Nigerian companies, reinforcing local players’ roles in the industry. PwC Nigeria, Banwo & Ighodalo, Clifford Chance, White & Case, and G. Elias served as advisers on the transaction.

For the Private Equity Deal of the Year, three deals were in contention, including CardinalStone Partners’ exit from i-Fitness to Verod, Verod and its partners’ investment in Moniepoint, and Adenia Partners’ sale of Cresta Paints to Uhuru Investment Partners. The award was given to CardinalStone Partners for its exit from i-Fitness to Verod, a deal expected to drive i-Fitness’ next growth phase through Verod’s operational expertise and financial backing. The transaction was facilitated by Rand Merchant Bank Nigeria, CardinalStone Capital Partners, Udo Udoma & Belo-Osagie, and Olaniwun Ajayi.

The Individual DealMaker of the Year award, sponsored for the second consecutive year by PSG Capital, recognised five shortlisted professionals: Akinola Akinboboye of Deloitte, Ayotunde Owoigbe of Banwo & Ighodalo, Azeezah Muse-Sadiq of Banwo & Ighodalo, Daniel Adeoye of Verod, and Yewande Senbore of Olaniwun Ajayi. The award went to Daniel Adeoye, a partner at Verod, for his role in executing high-value transactions in the region.

Adenia Partners’ acquisition of Air Liquide subsidiaries across Africa was recognised with the DealMakers AFRICA Special Recognition award. The deal spanned 12 countries across three regions, with Adenia committing up to €30 million over the next five years to strengthen and expand the newly formed entity, Erium. The transaction was advised by Decrop Consulting, Asafo & Co, Fidal Avocats, Deloitte, DPGS & Alliance Partners, and ClassM.

The awards also acknowledged the top-performing financial and legal advisory firms in West Africa’s mergers and acquisitions landscape. PwC emerged as the leading financial adviser by deal value, followed by Rand Merchant Bank Nigeria, Citigroup Global Markets, and Treadstone Resource Partners. Rand Merchant Bank Nigeria and Stanbic IBTC Capital shared the top spot for financial advisory by deal activity.

Banwo & Ighodalo was named the top legal adviser by deal value, ahead of Clifford Chance, G. Elias, and White & Case. In terms of deal flow, Banwo & Ighodalo secured the top position, followed by Olaniwun Ajayi and Herbert Smith Freehills.

For equity transactions, Stanbic IBTC Capital was ranked the top financial adviser by transaction value, while Templars led as the top legal adviser in the same category. In debt transactions, Afreximbank ranked highest by value, while Olaniwun Ajayi led in legal advisory.

DealMakers AFRICA, which launched its awards in 2000 in South Africa and expanded to the rest of the continent in 2008, continues to highlight key transactions that shape African economies. The latest rankings reflect the growing sophistication of West Africa’s mergers and acquisitions landscape, as local and international firms navigate complex deals that are reshaping industries across the region.

 

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African Development Bank signs $45 million grant agreement with Chad for asphalting of the Kyabé-Mayo road section

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African Development Bank signs $45 million grant agreement with Chad for asphalting of the Kyabé-Mayo road section

The African Development Bank (www.AfDB.org) and the government of Chad have signed a grant agreement worth $44.9 million to finance the asphalting of the 49.5-kilometre Kyabé-Mayo section of the Kyabé-Singako road, including the construction of a 55-metre bridge.

The agreement was signed in N’Djamena on 19 February 2025 by Tahir Hamid Nguilin, Minister of State for Finance, Budget, Economy, Planning and International Cooperation, and Claude N’Kodia, the Bank’s Acting Representative in Chad. Several members of the Chadian government were also present, including the Minister for Infrastructure, Access-Improvement and Road Maintenance, Amir Idriss Kourda, and the Secretary of State for Finance and Budget, Ali Djadda Kampard. Also present was a delegation from the International Monetary Fund, led by its head of mission for Chad, Julien Reynaud,

African Development Bank signs $45 million grant agreement with Chad for asphalting of the Kyabé-Mayo road section

African Development Bank signs $45 million grant agreement with Chad for asphalting of the Kyabé-Mayo road section

The funding will support one of the Chadian government’s key development objectives through strategic infrastructure improvement.

“The [Moyen-Chari] region, including Kyabé, Singako and Am Timan, has strong economic potential. It is Chad’s main agricultural basin and livestock area, rich in fish resources. Fish are supplied from Moyen-Chari to a large part of the country’s south and even to foreign markets,” stated Nguilin, also the Bank’s Governor for Chad.

The road project will open up southern and eastern regions of Chad, reduce vulnerability, and strengthen the resilience of local populations, especially women and young people. It will improve the transportation of goods and people between Kyabé and Singako by providing an all-weather road, facilitating the flow of agricultural and animal products from the rich areas of Moyen-Chari and Salamat to the consumer centers of Sarh, Moundou, N’Djamena and Abéché. It will also enhance accessibility to Moyen-Chari from neighboring Sudan.

The agreement paves the way for support from the Islamic Development Bank to finance the second section of the 205-kilometer Mayo-Singako-Am Timan at an estimated cost of $275.5 million.

“The African Development Bank is a strategic partner of Chad, particularly in the transport sector. The construction of the road section will reduce the overall cost of transport in Moyen-Chari […] and improve the living conditions of local people thanks to easier access to health and education facilities and to the country’s main consumer centers,” said N’Kodia.

The Kyabé-Mayo section of the Kyabé-Singako road is one of the missing links in the N’Djamena-Moundou-Sarh-Kyabé-Am Timan-Abéché corridor and forms part of the priority structuring network that the Chadian government aims to develop to ensure nationwide coverage and permanent accessibility.

The African Development Bank Group remains a strategic financial partner for Chad, with its strategy paper focusing on two priority pillars: developing infrastructure to achieve strong and diversified economic growth and promoting good governance to increase the effectiveness of public action and the attractiveness of the economic environment.

Distributed by APO Group on behalf of African Development Bank Group (AfDB).
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