Nigeria has become an attraction for software development as Stanford
University, California visits the country purposely to provide a
platform for about 40 leaders in the West Sub-Saharan African region to
analyse the success records of SystemSpecs which is the country’s
Central Bank’s powerhouse and operator payment platform which is
operated through a developed software, Remita.
The Executive Director of Stanford SEED, host of the event, Emmanuel
Kitcher sad that the session will offer the business leaders an
opportunity to understand and evaluate the operating model of a fast
growing payment technology powerhouse rising out of Africa.
Kitcher
informed that Standford SEED is keenly interested in “Systemspecs’
broad outlook for West Africa and for that matter, Africa rising. “Of
course we would touch on Systemspecs’ ethical and core values, which
have assisted it to excel in Africa’s largest economy,” Kitcher said in a
statement.
Executive Director of SystemSpecs, Deremi Atanda,Executive Director
of the Stanford Seed,Emmanuel Kitcher, Global Operations Director of the
institution, and Professors from the Graduate School of Business,
Stanford University and staff of Stanford SEED will all address the
global audience.
Remita,
known as SystemSpecs’ indigenously developed flagship payment
technology platform, has significantly revolutionised the electronic
payment industry in Nigeria and almost all commercial banks and over 400
microfinance banks in Nigeria had adopted Remita for payments and
revenue collections across multiple channels.
According to the founder of SystemSpecs, Mr. John Obaro, “it is
humbling that SystemSpecs a 100 per cent indigenous technology company
is the provider of Remita that is powering such a significant national
initiative as the federal government TSA. It is also humbling to note
that our efforts and commitment to strong ethical values are being
discussed as a model for sustainable business in Africa.”
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