Digital Times Nigeria
  • Home
  • Telecoms
    • Broadband
  • Business
    • Banking
    • Finance
  • Editorial
    • Opinion
    • Big Story
  • TechExtra
    • Fintech
    • Innovation
  • Interview
  • Media
    • Social
    • Broadcasting
Facebook X (Twitter) Instagram
Trending
  • Konga Yakata, Nigeria’s Biggest Indigenous Shopping Festival Set To Return
  • All Set For GOCOP 2025 Annual Conference Focused On Nigeria’s Governance Realities
  • Google Gives African Varsity Students Free Access To AI Tools
  • DPI, Verod Capital Face Shareholder Rights Suit Over Pan African Towers Deal
  • Futurex Partners Spire Solutions For Enterprise Encryption Delivery Across Middle East & Africa
  • BREAKING: Nnaji, Nigeria’s Minister Of Innovation, Science & Technology, Resigns Amid Certificate Forgery Scandal
  • Forget The Career Ladder, Build A Web
  • 2025 Digital Nigeria International Conference & Exhibition Date Announced
Facebook X (Twitter) Instagram
Digital Times NigeriaDigital Times Nigeria
  • Home
  • Telecoms
    • Broadband
  • Business
    • Banking
    • Finance
  • Editorial
    • Opinion
    • Big Story
  • TechExtra
    • Fintech
    • Innovation
  • Interview
  • Media
    • Social
    • Broadcasting
Digital Times Nigeria
Home » Report Says Nigeria Tech Startups Raised $1.7billion In 2021
Innovation

Report Says Nigeria Tech Startups Raised $1.7billion In 2021

DigitalTimesNGBy DigitalTimesNG21 December 2021No Comments2 Mins Read
Facebook Twitter Pinterest Telegram LinkedIn Tumblr WhatsApp Email
STARTUPS 2
Share
Facebook Twitter LinkedIn Pinterest Telegram Email WhatsApp

Africa-based tech startups have since the beginning of 2021, raised more than $2.9 billion with Nigerian startups which are creating new products, services, and platforms raising $1.7 billion of this total or about 60% of it, a new report has found.

According to business consultant and venture capitalist Maxime Bayen’s business database Africa report, otherwise known as the Big Deal, Africa boasts a total of seven tech “unicorns,” or companies valued at over $1 billion.

Mary Berth Leonard, the US Ambassador to Nigeria, in her remarks at the 2021 Nigeria Tech Summit organised by US Embassy in Nigeria, Abuja said the US Mission will continue to do its part to support Nigeria’s burgeoning tech scene and encourage the creation of the enabling environment necessary to foster a sector that will, in turn, launch more global businesses and contribute to a more prosperous future for all its citizens.

Leonard said it is very exciting to note that three of these seven African tech companies – OPay, Flutterwave, and Interswitch – are born and bred of Nigerian talent as she firmly believes that Nigeria, with the proper support, has enormous potential to do even more.

“At the US Mission in Nigeria, we pride ourselves on building, celebrating, and accelerating entrepreneurship. Throughout the year we amplify the work of innovation stakeholders by providing exposure, partnerships, training, and conferences like this Nigeria Tech Summit,” Leonard said.

READ ALSO  Anambra’s Digital Leap: GEFAS Mobile Tech Hub Hits The Road With Free WiFi Access
#$1.7billion #2021 #Tech Startups Innovation Nigeria Report
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleNCC Partners SMEDAN On Digital Scheme For SMEs
Next Article Africa50 Unveils Kigali Innovation City Urban Masterplan In Rwanda
DigitalTimesNG
  • X (Twitter)

Related Posts

NASENI-PICTT Unveils DELTA-2 Second Call For Proposals

12 September 2025

Nigeria Must Claim Its Seat In Global AI Economy, Experts Warn At GITEX 2025

4 September 2025

Google’s Gemini Now Turns Your Ideas And Images Into Nigerian Storybooks

8 August 2025

Anambra’s Digital Leap: GEFAS Mobile Tech Hub Hits The Road With Free WiFi Access

25 July 2025

Digital Push For Soludo As GEFAS Unveils Office To Energize Tech Movement And 2025 Campaign

19 July 2025

Nnaemeka Ani Urges African Tech Innovators To Build With Legacy In Mind

22 June 2025

Comments are closed.

Categories
About
About

Digital Times Nigeria (www.digitaltimesng.com) is an online technology publication of Digital Times Media Services.

Facebook X (Twitter) Instagram
Latest Posts

Konga Yakata, Nigeria’s Biggest Indigenous Shopping Festival Set To Return

9 October 2025

All Set For GOCOP 2025 Annual Conference Focused On Nigeria’s Governance Realities

9 October 2025

Google Gives African Varsity Students Free Access To AI Tools

9 October 2025
Popular Posts

Building Explainable AI (XAI) Dashboards For Non-Technical Stakeholders

2 May 2022

Building Ethical AI Starts With People: How Gabriel Ayodele Is Engineering Trust Through Mentorship

8 January 2024

Gabriel Tosin Ayodele: Leading AI-Powered Innovation In Web3

8 November 2022
© 2025 Digital Times NG.
  • Advert Rate
  • Terms of Use
  • Advertisement
  • Private Policy
  • Contact Us

Type above and press Enter to search. Press Esc to cancel.