Moniepoint graduates second DreamDevs Bootcamp cohort, targets software engineering talent gap
By Aboki Forex —
Moniepoint Inc., a leading digital financial services company in Africa, has graduated the second cohort of its DreamDevs Bootcamp. The programme is designed to train world-class software engineers in Nigeria. The graduation ceremony took place in Lagos under the theme “Training Done! Demo Up!”. Participants presented capstone projects built to real-world engineering standards.
The bootcamp comes at a time when Africa’s tech ecosystem faces a severe shortage of experienced software engineers. Nigeria produces many tech professionals, but the demand for mid-to-senior level engineers far exceeds supply. Globally, the shortage of software developers is projected to hit 85 million by 2030, potentially causing economic losses of $5.5 trillion.
Nine-week intensive training
DreamDevs is a nine-week programme developed by Moniepoint’s Engineering Unit in partnership with Semicolon. It covers Java Object-Oriented Programming, Data Structures and Algorithms, Software Testing, MySQL, Spring Boot APIs, System Design, Docker, Messaging Queues, Frontend UI development, and Cloud Infrastructure. Participants received stipends and mentorship from Moniepoint software engineers, giving them direct exposure to a fintech production environment.
At the Demo Day, nine teams presented solutions for real estate, hospital management, event management, food services, and agriculture. Moniepoint Co-Founder and Chief Technology Officer Felix Ike said the bootcamp is a long-term investment in Nigeria’s digital future, not just a recruitment channel. He noted that some graduates from the first cohort are already working in Moniepoint’s engineering team, proving that young African developers can compete globally with the right support.
Alignment with national skills goals
Moniepoint is also a sponsor of the Federal Government’s 3 Million Technical Talent (3MTT) programme, which aims to scale digital skills training across Nigeria. While 3MTT focuses on reaching millions of learners, DreamDevs provides deeper, specialised training that creates a clear path from learning to employment. As Nigerian fintech companies expand digital infrastructure, initiatives like DreamDevs are seen as essential to solving Africa’s engineering talent shortage.
In related news, the Federal Government through the Rural Electrification Agency (REA) recently opened applications for Nigerian startups and small businesses to access grants of up to $20,000 under the Global Cleantech Innovation Programme (GCIP) Nigeria Accelerator Fund. That initiative supports clean-tech startups and SMEs building sustainable energy and green business solutions.