Nigeria leads Egypt, Kenya, attracts $747m venture capital investments | The Guardian Nigeria News - Nigeria and World News - News Summed Up

Nigeria leads Egypt, Kenya, attracts $747m venture capital investments | The Guardian Nigeria News - Nigeria and World News


Speaking on exporting software and attracting foreign exchange on the long term, the NITDA DG said Nigeria has come a long way from being a net importer of software into a significant hub for the development of talent for software development in Africa. “One way is to prepare to take advantage of the Africa Continental Free Trade Area (AfCFTA), which provides the opportunities for Africa to improve inter-Africa trade generally and trade in services particularly,” he stated. He added that Nigerian software will benefit immensely from an improved atmosphere in trade-in services, which is important, considering that the country already has all the ingredients needed to succeed. “This will lead to the development of proprietary solutions that can be standardized and sold as services to other countries in Africa or the rest of the world for significant foreign exchange. Our initiative – the Technology Innovation and Entrepreneurship Support Scheme is one of the initiatives we have towards talent development,” he added.


Source: The Guardian August 05, 2020 03:56 UTC



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