ICT: Ogun To Benefit From $34b  Innovation Economy

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By Olayinka Ezema

Towards increasing the number of startups in the Information and  Communication Technology (ICT) and taping  into the $34b innovation economy, the Ogun State government, has entered into a strategic partnership with GetFundedAfrica.

The Chief Press Secretary to  Ogun State Governor, Kunle Somorin, stated this during a stake holders meeting at Oguntech Hub, kobape, Abeokuta.

Somorin  who revealed that the partnership was to enable Ogun  State benefit from the huge venture capital flows , noted  that the partnership  was a fulfilment of Gov. Dapo Abiodun’s developmental initiatives , leveraging on  technology and innovations  to build Nigeria’s first Silicon Valley.

He explained that GetFundedAfrica is a pan-African venture service platform that has helped African startups, investors, corporate and government bodies to raise over $150m in 2021.

The Commissioner for Finance and  Chief Economic Adviser, Mr Dapo Okubadejo, noted that   the partnership was already yielding fruits as 20 startups are in the process of relocating to the Ogun Tech Hub in Abeokuta, saying this would  boost economic system of the state.

  “The first batch of 20 startups cut across  Fintech, Agritech, Healthtech, Software Development, Training and Talent Recruitment  from Nigeria, Uganda, UAE, Kenya and  Germany. So , GetFunded Africa will  make available the  fund raising, mentorship, among others, while Ogun State will support with visa, insurance, office spaces, utilities and more.” Okubadejo said.

  Special Adviser to the governor on ICT, Dayo Abiodun,  emphasized that Ogun State government is focused on unlocking a $34 billion innovation economy and happy to partner with GetFundedAfrica to achieve the ICT objectives set by  Governor Dapo Abiodun administration.

  He revealed that Startups can apply to be considered for funding and be incubated in the tech hub through https://forms.office.com/r/HXQ0vgQrdi”

Chief Commercial Officer, GetFundedAfrica, Tunji Oke, hinted that  in the  next 36 months, no fewer than 400 startups from across Africa  would be brought to Ogun State towards unlocking  billions of dollars in the innovation economy.

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