Lagos Attracted over $6bn in tech startup funding between 2019 and 2024 — Sanwo-Olu

Tekedia | 04-09-2025 03:22pm |

Lagos State pulled in more than $6 billion in direct foreign funding for tech startups between 2019 and 2024, Governor Babajide Sanwo-Olu said on Wednesday, underscoring the city’s growing status as Africa’s digital hub. Speaking at the GITEX Nigeria 2025 conference in Lagos, Sanwo-Olu highlighted the state’s role as the “heart of Africa’s innovation ecosystem.”

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