The fading facades of century-antique buildings in a neighborhood of the Nigerian megacity of Lagos residence a vibrant generation cluster that’s stuck the attention of Facebook Inc. And Alphabet Inc.’s Google.
The Yaba region, home to the Yaba College of Technology and the University of Lagos, is a rising technology environment — from fewer than ten startups in 2013 to more than 60 nowadays, including corporations like booking website online Hotels.Ng. It hosts digital labs for Nigeria’s oldest financial institution, First Bank of Nigeria Ltd., and Stanbic IBTC, the local subsidiary of Africa’s biggest lender.
“Lagos, like other essential towns which include Nairobi and Accra, is at the height of this exciting growth in innovation throughout tech, with Yaba speedy locating itself at the center,” said Chimdindu Aneke, program manager of platform partnerships for sub-Saharan Africa at Facebook, which closing 12 months launched a hub space in the community.
Fola Olatunji-David, the head of startup achievement offerings for Google Launchpad Africa that began a development boot camp in Yaba in 2017, stated Lagos has a “buoyant, characteristic ‘whatever-can-happen’ sense,” fed via budding marketers seeking to address socioeconomic gaps with Google technology.