Sign In

Communications of the ACM

ACM TechNews

Africa Technology Hub Rises in Congested Lagos Neighborhood

Bloomberg

View as: Print Mobile App Share: Send by email Share on reddit Share on StumbleUpon Share on Hacker News Share on Tweeter Share on Facebook
Facebook's Mark Zuckerberg visits Co-Creation Hub in Lagos, Nigeria.

The Yaba neighborhood in Lagos, Nigeria, hosts more than 60 startups, digital laboratories, and the Yaba College of Technology.

Credit: Co-Creation Hub

The Yaba neighborhood in Lagos, Nigeria, is a growing technology hub, hosting more than 60 startups, digital laboratories for First Bank of Nigeria and African lender subsidiary Stanbic IBTC, and the Yaba College of Technology.

Yaba's evolution was buttressed by a grassroots campaign that lobbied for government support, which helped incubate the MainOne company, which built Yaba's Internet infrastructure.

MainOne's Kazeem Oladepo said the tech hub's genesis was initiated "to demonstrate the power of people being connected and the socioeconomic impact that would have."

The adaptability of Lagos' businesses may be an advantage, as tech firms hope to capitalize on young people still not using the Internet in poorer regions.


From Bloomberg
View Full Article - May Require Paid Subscription

 

Abstracts Copyright © 2019 SmithBucklin, Washington, DC, USA


 

No entries found