BD Insider 183: Where does Nigeria’s “$500 million digital economy fund” come from?

Where is the Nigeria’s “$500 million digital economy fund” from? We attempt to answer this question and also provided insights into World Bank’s partnership to roll out digital IDs for Nigerians.

Newsletter By Johnstone

August 28, 2023 8 minute read

BD Insider 183: Where does Nigeria’s “$500 million digital economy fund” come from?

Photo: Bosun Tijani, Nigeria’s minister for communication, innovation, and digital economy

Before we get into today’s letter, let us quickly recap one of the major stories in our last Midweek Brief that had a slight error:

Kenya has the highest TikTok usage rate worldwide for news and other purposes, according to the 2023 Reuters Institute Digital News report.

The social media platform has been accused of creating political tensions in the country due to disinformation and lack of content moderation.

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Last updated: December 25, 2024

BD Insider 183: Where does Nigeria’s “$500 million digital economy fund” come from?

This story is for Condia Insiders only.

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