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Techmoney Africa to finance startups, connects local, global investors


[FILE PHOTO] Technology. Photo: Odd Hill

Unicorn Group has said the Techmoney Africa Summit, which kicked off yesterday at the University of Lagos (UNILAG), will ensure local entrepreneurs and start- ups get the right network, knowledge, opportunity and funding to scale up.

The Chief Programme and  Business Development Officer of Unicorn Group, Olatorera Abiola, who made the disclosure, also said the summit, would position the tech ecosystem in Nigeria and Africa for the right investors to locate them.

She noted that Africa has benefitted from unprecedented capital inflows into technology, with Nigeria as the premier destination for tech investment.

Abiola, while briefing newsmen in Lagos, said  with Lagos driving tech investment and innovation, Nigeria is definitely leading the change in the financial technology world.


She further noted that the “ summit will ensure that technology, innovation and strategy leaders across major organisations and enterprise in Africa engage with the next generation of disruptive and exponential technology and opportunity, so that they can continue to drive value for internal and external stakeholders by being at the heart of the technology and innovation that is changing the world and providing real opportunity to change lives for the better.”

“We believe that Africa’s problems are to be solved by Africans with the advent of exponential technology, the fourth industrial revolution, things like artificial intelligence, digitisation, Internet and many solutions. Our believe is that in today’s world, the new entrepreneur creates wealth through technology,” she added.

Abiola noted that, aside from uniting tech entrepreneurs with investment opportunities, Unicorn is making hopes to create a platform to enable investments in the right areas, using the right processes into the right products and build an enabling ecosystem for technology and innovation in Africa.

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