Credo plans AI summit in Lagos

Credo by eTranzact, in collaboration with the Enterprise Development Centre of Pan-Atlantic University and the Global AI Council of Nigeria, will hold the fourth edition of the AI Readiness Roundtable.

The event tagged the “AI SME Summit,” is scheduled to take place in Lagos this month, the company said in a statement.

The initiative, launched in 2024, aims to equip small and medium enterprises with tools and strategies to integrate artificial intelligence into their operations.

Previous sessions have been held in Kano, Port Harcourt, and Enugu, drawing significant participation from business owners.

Speaking on the significance of the project, Managing Director of eTranzact, Niyi Toluwalope stated, “At eTranzact, we are committed to driving an all-inclusive economy powered by technology.

“Through this roundtable, we are equipping SMEs—the backbone of Nigeria’s economy—with the knowledge and tools they need to remain competitive in a rapidly evolving global market. AI is no longer a luxury; it’s a necessity, and we are proud to champion this cause.”

The Country Director of the Enterprise Development Centre, of the Pan Atlantic University, Dr Olawale Anifowose highlighted the program’s alignment with national development goals.

“This initiative represents a unique collaboration between academia, technology, and business. By reaching SMEs in every geo-political zone, we are addressing the needs of businesses at the grassroots level and ensuring they are not left behind in the AI revolution.”

Participants from previous sessions have shared glowing feedback about the program’s impact.

A retail business owner from Kano, Halima Yusuf remarked, “Before attending the session, AI felt like a foreign concept. Now, I understand how it can help me manage inventory and improve customer experience. This is a game-changer for my business.”

Similarly, a fashion entrepreneur from Enugu, Chibuzor Okeke, noted: “The roundtable opened my eyes to AI tools that can enhance creativity and streamline production. I am grateful to eTranzact and their partners for bringing this opportunity to us.”

As the Lagos edition approaches, expectations are high for another robust session with SME stakeholders eager to explore the practical applications of AI. The initiative will continue across Nigeria’s six geo-political zones throughout 2025, ensuring that every region benefits from this transformative programme.