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Sanwo-Olu vows to provide backing for Tech Industry across Africa

According to him, the story of Lagos is a testament to the collaborative efforts of both the public and private sectors in fostering development.
4024
Sanwo-Olu vows to provide backing for Tech Industry across Africa

MR Babajide Sanwo-Olu, the Lagos State Governor, has said he is attached to the growth of the tech industry as a firm believer in the vast and untapped potential that the continent holds in the realms of technology and digital creation. 

The Governor said his administration's focus on maintaining an enabling environment for startups and tech companies was yielding exceptional results, creating jobs, and implementing solutions to societal problems. 

According to media reports, Sanwo-Olu offered this pledge during the GITEX One Africa Digital Summit in Marrakech Morocco, saying that the acceleration of the African continent towards becoming the next Silicon Valley was a collective effort that required the continued collaboration of governments, the private sector, academia, and the civil society. 4023

In his words: “Lagos is home to some of the most innovative and successful startups in Africa, including Andela, Paystack, Flutterwave, Kobo360, Kuda Bank and many others. These companies have not only transformed industries like fintech and e-commerce but have also inspired a new generation of entrepreneurs and investors across the continent.

“More importantly, these investments have been attracted to the market size and the enabling environment that Lagos is becoming on the African continent.”

According to him, the story of Lagos is a testament to the collaborative efforts of both the public and private sectors in fostering development.

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