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Global Opportunities in Nigeria’s Technology Hub up for grabs—Osinbajo

Vice President Yemi Osinbajo, will today in Los Angeles, California round off a public-private sector driven collaborative investment roadshow in the United States designed to tailor international investors to Nigeria.

The event which started on Monday saw Prof Osinbajo market several investment opportunities embedded in Nigeria’s ICT industry with special appearance before global industry leaders in information technology and entertainment at the Silicon Valley in San Francisco and Hollywood in Los Angeles, California.

It would be recalled that in recognition of the central role of innovation and technology in the Federal Government’s Economic Recovery and Growth Plan, the Vice President has spoken extensively about the commitment of Government to supporting the growth of technology and creative industries in the country through its policies and reforms.

Some of the highlights of the growth of technology and digital creativity industry in Nigeria include Lagos, one of Africa’s largest markets, with GDP of over $136 billion and significant young population.

Lagos startups are also building to serve the entire African market, with high quality and relatively lower cost talent Startups like Andela, NESA, and Data Science Nigeria are training developers and Data Scientists.

Several startups leveraging alternative data sources and data science toy and increasing access to healthcare for the mass market e.g. Lifebank, which raised over $80 million from several investors including Chan Zuckerberg initiative.