“Nigerian Startups are Attracting Foreign Investors” -Peter Jack
Our concern is to expose the young talent in Nigeria to opportunities that abound in the technology space. Starting from last year, Nigeria became the official country partner of GITEX and that year, we showcased five Nigerian technology start-ups to share their solutions to the rest of the world. This year, we brought 14 technology startups and other established companies from Nigeria to showcase their solutions to the world.
Nigerian Pavilion is strategically located in such a way that it catches the attention of every investor that attends this year’s GITEX in Dubai. We are giving opportunities to the technology start-ups to tell the world about their solutions and how their solutions could address country specific and organisational challenges.
Jack said NITDA used the occasion of Nigeria Day in GITEX to sell the Nigerian brand and to woo investors to invest in the Nigerian technology market.
What we are doing now is to track their progress but most of them are already going well and generating money through their solutions, because we were able to attract Angel investors from around the globe to listen to them, feel their solutions and invest in them.
This year in Nigeria, NITDA also used the platform of DemoAfrica to showcase our start ups and out of the 30 startups that participated in the DemoAfrica from across Africa, five finalists emerged and two out of the five were Nigerians. All the Angel investors that came from Europe and America, expressed interest to invest in the solutions of the startups.
We are beginning to see more investors taking interest to invest in Nigeria and that was the reason we decided to showcase more of the startups in GITEX 2015 in Dubai