Moniepoint says its DreamDevs Bootcamp will grow Nigeria’s software engineering pipeline, pairing training and mentorship with roles inside its product teams.
Moniepoint says it wants to address Nigeria’s digital talent shortage through DreamDevs Bootcamp, a software engineering training programme aimed at strengthening the country’s technology workforce.
The company announced this while graduating the second cohort. It described the programme as a long-term investment, not just a hiring pipeline.
Felix Ike, Moniepoint’s co-founder and CTO, said building strong engineering teams takes time and structure. He pointed to training systems, mentorship, and exposure to real-world engineering environments, meaning teams that build and ship production software used by customers.
Moniepoint also tied the programme to broader trends in Nigeria’s digital economy. Growth in fintech, digital payments, e-commerce, and cloud infrastructure is increasing demand for experienced engineers faster than supply.
The company cited a global projection that the shortage of software developers could reach 85 million by 2030, with potential economic losses of $5.5 trillion.
Nigeria produces many entry-level tech workers, but companies often say they struggle to hire engineers who can work on complex systems at scale. That skills gap can slow product delivery, increase outages, and raise security risks.
Moniepoint says DreamDevs is designed to add depth, not just numbers. It positions the bootcamp as an end-to-end pathway, from foundational training to employment inside Moniepoint’s development ecosystem.
The company is also a sponsor of Nigeria’s Federal Government 3 Million Technical Talent (3MTT) programme, which is focused on training at scale. Moniepoint’s pitch is that private sector programmes like DreamDevs can provide the hands-on experience that many learners need to become employable.
This push also comes amid concerns about “japa”, a term for skilled workers leaving Nigeria for jobs abroad. For fast-growing fintechs, building local engineering capacity is increasingly a retention and continuity strategy, not just CSR (corporate giving) or recruitment marketing.
Primary Source: Nairametrics
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