HP Inc. an American-based multinational technological company is set to empower young people in Nigeria, Greece, Spain and Indonesia in a renewed effort to close the digital equity gaps in these countries.

The tech firm said in a statement that the growing digital divide continues to reshape education and economic landscapes, impacting the future workforce and overall societal inclusion.

“HP has strategically selected countries to address specific digital equity gaps. These countries represent diverse challenges in digital equity, aligning with HP’s commitment to foster global digital inclusion,” it said.

It revealed that Nigeria was among the selected countries because despite having Africa’s largest Information and Communications Technology (ICT) market, the country only has 28 percent of its population using the internet, leaving many youth without employment or education opportunities.

HP, citing the World Economic Forum’s Future of Jobs, noted that with widening digital divide, the skilled workforce is diminishing, leaving employers without access to the talent needed to fill needed jobs, adding that by 2030, the global economy could face a shortage of over 85 million skilled workers, potentially leading to an $8.5 trillion shortfall in annual revenues if not addressed.

According to a recent report, investing in AI-skilling for women and girls can unlock a staggering $212 billion for the global economy

“This year’s evolving focus on equipping youth and adults with critical skills reflects HP’s commitment to bridging the digital divide and supporting economic inclusion.

“The Digital Equity Accelerator remains a cornerstone of this effort, investing in nonprofits to scale innovative solutions and create a more connected and inclusive world,” HP said.

The application, opened to nonprofit organisations, is currently ongoing and is expected to close on the 12th of February, 2025.

Wasiu Alli is a business, economics cum data journalist with strong expertise covering macro trends, capital markets, government policies, corporate earnings and comparative economics analysis. Alli turns raw data into trends that not only tells compelling stories but nudges investors to make valued and informed decisions. He’s an alumnus of Lagos State University and trained at Lagos Business School. He formerly heads the Companies and Markets desk at BusinessDay where he writes and supervises the production of well researched articles on earnings updates, corporate sectoral comparisons, market intelligence as well as interviews with C-suite executives.

Join BusinessDay whatsapp Channel, to stay up to date

Open In Whatsapp