In rural communities across Nigeria, the Nigeria National Information and Communication Technology Infrastructure Backbone (NICTIB) Project is driving financial inclusion due to increased broadband penetration but continued inter-bank transfer failure remains a challenge.
Over the years, global accelerators, especially Y Combinator and Techstars have played an important role in providing opportunities for African tech entrepreneurs to access mentorship and funding to build their startups from zero to scale.
In 2016, two graduates from the University of Jos—Daser David and Hyginus Horson—founded nHub in Jos, making it the first tech and innovation hub in northern Nigeria. The following year, another innovation hub, CoLab launched in Kaduna.