Investment in Tech Start-ups in Nigeria





Technology startups eye an investment of $5 billion in the coming years. The administration is designing plans for the investment to assist people working in technology.

A government plan to assist technology start-ups reach the amount by the year 2027,  has been announced by Bosun Tijani, the Nigerian minister of Communications, Innovation and Digital Economy.

The emphasis is on the generation of ideas, starting own businesses, and making finance accessible. A major step towards this is the Public-Private Partnership (PPP) pilot programme, sector-wise by 2027. A tech fund of $618 million was raised to help startups.

The largest number of start-ups are in Nigeria for the next four years and it is looking to flourish over the coming years. With the support of the authorities, technology is all set to boom in the future. All eyes are focused on this area and with support it will definitely succeed in the years to come. 


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