Nigeria Sets $5bn Yearly Funding RoundTarget for Startups 

Nigeria has set a plan to help startups raise their total yearly funding rounds to $5bn by 2027. <br />The Minister of Communications, Innovation and Digital Economy, Dr. Bosun Tijani highlighted that in today’s global technology landscape, innovation, entrepreneurship, and access to capital are critical components of a strong digital economy. <br />He stated that the primary objective of the ministry as regards this will be to stimulate the growth and sustainability of startups, with a specific focus on those developing innovative solutions for critical sectors of the economy. <br />He added that increase capital raised by Nigerian tech startups 50 per cent year-on-year from ~$1bn/yr in 2022 to $5bn/yr in 2027.”<br /><br />This show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at <a href="https://www.spreaker.com/show/4166630/advertisement">https://www.spreaker.com/show/4166630/advertisement</a>