In a strategic move to enhance innovation, investment, and global collaboration, the Nigerian government is preparing to open a technology-focused hub in the United States, close to Silicon Valley.
The Minister of Communications, Innovation, and Digital Economy, Dr. Bosun Tijani, announced that the Federal Executive Council has approved the creation of a “Nigerian Start-up House” in San Francisco. This facility will serve as a center for technology exchange and will operate within a Nigerian-owned property already located in the city.
Dr. Tijani emphasized that this initiative is part of Nigeria’s broader goal to elevate its presence in the global tech arena and stimulate economic growth by drawing in international investors. He noted that the San Francisco hub will not only boost Nigeria’s visibility in the tech space but also help channel much-needed funding and expertise into the country’s start-up ecosystem.
He further highlighted the importance of the region, stating, “The San Francisco Bay Area, alongside Silicon Valley, is a key source of global start-up capital. The region, with a combined GDP exceeding $929 billion, hosts over 200 of the world’s top-performing companies. Notably, in 2023 alone, Nigerian tech start-ups secured approximately $1.3 billion in funding—much of which originated from Bay Area venture capital firms.”
Oversight of the Start-up House will be managed by a coalition of Nigerian tech firms, which will also provide private sector funding for its operation. Despite this, the facility will remain under the official ownership and direction of Nigeria’s Ministries of Communications and Foreign Affairs.
This project is in line with the provisions of the Nigeria Start-up Act, which encourages the establishment of innovation hubs and incubators to support collaboration, mentorship, and knowledge-sharing. These environments are designed to help budding entrepreneurs bring their ideas to life and connect with global opportunities.
With this initiative, Nigeria aims to deepen its integration into the international tech community and create new avenues for growth and development in its digital economy.
