Nigeria has made its first direct investment aimed at supporting technology-enabled startups. This move reflects the country’s commitment to backing a rapidly growing sector that has already attracted significant commercial capital.
By fostering innovation and entrepreneurship, Nigeria is positioning Lagos as a key tech hub for Africa, strengthening its role in the continent’s digital economy. This investment marks a significant step in accelerating the growth of technology-driven businesses across the region.
https://www.bloomberg.com/news/articles/2025-11-06/nigeria-s-618-million-tech-incubator-makes-debut-investment
