Financial Institution Training Company (FITC), the world-class, innovation-led and technology-driven knowledge organization that provides learning, advisory and research services to Financial Institutions and other sectors in Africa, has launched the FITC Youth Connect Initiative.

This initiative focuses on youth empowerment, employability and supports youth-led innovation in Africa. To herald this, the organization is launching the maiden edition of its essay competition for undergraduates in higher institutions of learning across Africa.

Tagged “Youth Connect Essay Challenge”, the Competition seeks to promote creative talents and spur innovative thinking among young people in Africa. It focuses on the theme, “Accelerating Growth and Development in Africa: The Role of Technology and Innovation”.

Chizor Malize, CEO FITC in a statement explained that given the wealth of talents and resources in Africa, there is an explosive opportunity for growth and development It is no gainsaying that Africa needs to embrace technology to realize the African Union’s 2063 Transformation Agenda and the United Nations Sustainable Development Goals.

Malize noted that to achieve this, technology plays a crucial role and its adoption will accelerate economic growth and development on the continent. The realities of modern civilization have shown that technology can speed up significant improvements in the social and political conditions of nations and can be a vehicle for innovative solutions to local challenges.

“Africa is now the world’s second-fastest-growing continent. Its fast-growing youth population presents exciting opportunities for economic growth and sustainable development. With the bolstering number of innovation hubs, tech solutions, tech ventures and tech venture-builders, as well as investors in technology infrastructure, the continent can bank on its emergent tech landscape for exponential growth.

” The young tech community can help decision-makers to implement workable technology solutions from country to country.

“To support this drive and to ensure youth’s participation in the transformation of the continent, FITC is investing in the future through the Youth Connect Essay Challenge.

“This challenge is to awaken the well of ideas in young Africans and set their mind on the right course as it concerns the use of technology for growth,” he stated.

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The theme ‘’Accelerating Growth in Africa: The Role of Technology and Innovation” allows young people to creatively express their ideas and explore the wealth of solutions that technology can proffer to Africa’s numerous challenges.

The objective is to develop in undergraduate students the habit of contributing to national and global issues, as well as providing policymakers with an accessible perspective.

Malize disclosed that entries will be judged on originality, creativity, and appropriateness to the theme and context. Click on this link for more information about the guidelines and registration.

FITC Youth Connect Essay Competition is open to all undergraduates studying in any tertiary institution across Africa.

For entry format, he said entries must be written in English or French, the essay must not be less than 1000 words, entrants should show originality, creativity, clarity and focus on the topic, plagiarized, co-written, and pre-published entries will be disqualified and each entrant is required to submit only one entry to the competition.

First Prize winner will go home with $1000, laptop, leadership certification programme and one year mentorship programme; 2nd prize: $500, laptop and year mentorship programme and third prize: Laptop and one-year Mentorship Programme.

The announcement date will be on all digital platforms. The competition schedule, registration details, and essay guidelines are available here.

Submission is open and closes on August 31st, 2020 (11:59 pm WAT).

Ifeoma Okeke-Korieocha is the Aviation Correspondent at BusinessDay Media Limited, publishers of BusinessDay Newspapers. She is also the Deputy Editor, BusinessDay Weekender Magazine, the Saturday Weekend edition of BusinessDay. She holds a BSC in Mass Communication from the prestigious University of Nigeria, Nsukka and a Masters degree in Marketing at the University of Lagos. As the lead writer on the aviation desk, Ifeoma is responsible and in charge of the three weekly aviation and travel pages in BusinessDay and BDSunday. She also overseas and edits all pages of BusinessDay Saturday Weekender. She has written various investigative, features and news stories in aviation and business related issues and has been severally nominated for award in the category of Aviation Writer of the Year by the Nigeria Media Nite-Out awards; one of the Nigeria’s most prestigious media awards ceremonies. Ifeoma is a one-time winner of the prestigious Nigeria Media Merit Award under the 'Aviation Writer of the Year' Category. She is the 2025 Eloy Award winner under the Print Media Journalist category. She has undergone several journalism trainings by various prestigious organisations. Ifeoma is also a fellow of the Female Reporters Leadership Fellowship of the Wole Soyinka Centre for Investigative Journalism.

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