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Nigeria in talks with AfDB for $500 million innovation fund ― Osinbajo Nigeria in talks with AfDB for $500 million innovation fund ― Osinbajo Share Vice President Professor Yemi Osinbajo has said that the Federal Government is currently in talks with the African Development Bank (AfDB) to set up a $500million Innovation Fund. He said the fund which will provide support for the ecosystem across four pillars which include Infrastructure support, Finance, Skills Development and Technical Assistance. The VP, represented by Director-General, National Information Technology Development Agency (NITDA), Mallam Kashifu Abdullahi, said this at the Startup and Developer event organised by Google. “As part of our Ease of Doing Business Reforms, we instituted the Visa on Arrival Policy which allows any person outside ECOWAS to get a visa on arrival in Nigeria. This policy means all African startups and entrepreneurs seeking to expand their business into Nigeria w ....
Nigeria needs startups ecosystem to address future challenges ― Osibanjo On By Emmanuel Elebeke The Vice President of Nigeria, Prof. Yemi Osibanjo, has identified the startup ecosystem as one of the vital tools in finding solutions to Africa’s various challenges. He affirmed that these challenges will determine if the continent’s future as the next frontier for economic opportunities will fully be realised. The VP made the assertion on Thursday at the Startup and Developer event organised by Google in Abuja. Osinbajo, who was represented by Director-General, National Information Technology Development Agency (NITDA), Mallam Kashifu Inuwa Abdullahi, said the ideas of Start-Ups from inception has always being to impact, noting that the event brought relevant stakeholders together to collaborate and bring something new to the world or new to an industry. ....