U.S. investors remain Nigeria’s largest tech capital source – Consul General
U.S. investors remain Nigeria’s largest tech capital source – Consul General Capital By Aderonke Ojediran Lagos, Sept. 2, 2026 (NAN) The United States Consul General in Lagos, Mr Brandon Hudspeth says U.S.-based investors have remained the largest source of external capital for Nigeria’s technology ecosystem over the past decade. Hudspeth made the assertion on Wednesday in Lagos, at GITEX Nigeria panel discussion, with the title: “From Startup to Scale-Up: Building Globally Competitive Businesses through U.S.-Nigeria Partnerships”. The Consul General said that U.S. sourced funding currently accounted for about 60 per cent of external capital entering Nigeria’s technology ecosystem. He said that the investments were coming from major American companies, as well as venture capital firms supporting Nigeria’s rapidly growing technology and innovation sector. “For the past 10 years, U.S.-based investor...