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Lagos targets $2m investment for startups at GITEX Global event

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The Lagos state government has set a target to help Nigerian startups secure between $2 to $3 million in investments at the GITEX Global 2024

The Lagos state government says it will help Nigerian startups secure between $2 million to $3 million investments in 2024.

GITEX Global, organised by the Dubai World Trade Center , is the world’s largest tech event, connecting top tech leaders, governments, startups, investors, and buyers. Among the startups are an agro-tech company that collaborates with farmers to make fresh food available to consumers at affordable rates, Seamfix, a digital identity startup, and Robotics and Artificial Intelligence Nigeria , which specializes in AI and robotics training.

Speaking on the criteria for selecting startups for the global event, Alake emphasised the importance of value propositions and business models.“We look at different sectors and companies that offer unique value propositions and models that are translatable,” he said.

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