Nigerian Vice President Yemi Osinbajo is leading a public-private sector collaborative investment roadshow to the United States (US) where he will be speaking to global industry leaders in information technology and entertainment at the Silicon Valley in San Francisco and Hollywood in Los Angeles, California, from July 9 to July 11.
A press release issued by the Office of the Vice President stated that in recognition of the central role of innovation and technology in the Federal Government’s Economic Recovery and Growth Plan, Vice President Osinbajo has spoken extensively about the commitment of the Government to support the growth of technology and creative industries in the country through its policies and reforms.
The highlights of the growth of technology and creative industries in Nigeria include: Lagos is one of Africa’s largest markets, with GDP of over US$136 billion and significant young population; and Lagos startups are being built to serve the entire African market, with high-quality and relatively lower cost talent.
The others are startups like Andela, NESA, and Data Science Nigeria are training developers and data scientists; strong call hub space in Lagos; and GE operates several startups leveraging alternative data sources and data science toy and increasing access to healthcare for the mass market, for example, Lifebank, which raised over US$80 million from several investors, including the Chan Zuckerberg initiative.
By: A. Kapini Atafori/GB&F Magazine