Lagos has solidified its position as Nigeria's premier tech hub, now home to nearly 88% of the country's startups.
This surge in innovation is fueling economic growth, with local entrepreneurs leveraging AI, renewable energy, and digital solutions to tackle pressing challenges in healthcare, transportation, and education and trading businesses
AReport has it that, Lagos is emerging as "Africa's Silicon Valley," attracting both investors and policymakers eager to scale its innovation ecosystem.
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Funding rounds have hit record highs, with Lagos' startup ecosystem valued at over $8 billion in 2022, contributing an estimated 30–35% of Nigeria's GDP.
Collaboration remains key to sustaining this momentum. Co-working spaces, networking events, and tech hubs are fostering partnerships, mentorships, and investment opportunities.
As global attention turns to Lagos, industry leaders emphasize the need for professionalism and originality to maintain its competitive edge.
Experts predict that the city's influence will continue to grow, inspiring similar developments across Nigeria.
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