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Vesti boosts sector with N1b software facility

By Abimbola Akintola
09 October 2024   |   3:22 am
A legal and financial services provider for immigrants, Vesti, has unveiled its new state-of-the-art Lagos software engineering office, estimated at N1 billion.
Founder and Chief Executive Officer, Vesti Technologies Incorporation, Olusola Amusan. Pic: Linkdin

A legal and financial services provider for immigrants, Vesti, has unveiled its new state-of-the-art Lagos software engineering office, estimated at N1 billion.
   
At a press conference to announce the office, Co-founder and Chief Executive Officer, Olusola Amusan, emphasised Vesti’s role as a “software engineering location of choice” and its dedication to nurturing and developing top talent.
  


He highlighted the company’s internal training programmes, employee satisfaction surveys, and success stories as evidence of its commitment to employee development. He also announced Vesti’s ambitious plans to create over 600 engineering jobs in Lagos over the next two years and 1,500 new engineering jobs in the state by 2027.
  
“At Vesti, these audacious and bold statements have been instrumental in driving the exponential achievement towards our mission to simplify immigration processes,” he added.
   
In the same vein, Co-founder and Chief Operating Officer, Abimbola Amusan, focused on Vesti’s global impact, emphasising how the company’s products and services empower Africans to connect with the global market.
  
With a dedicated team of attorneys in three different countries, he shared success stories of clients, who have benefited from Vesti’s offerings. He said these included a Nigerian entrepreneur, who expanded their business to the United States with the help of Vesti’s immigration services, and a student, who secured funding for their studies abroad through Vesti’s financial services.
  

He also outlined the company’s plans for further expansion, including launching new products and services and expanding its operations to additional countries in Africa, Asia, and North America.
  
Also speaking during the press conference, one of Vesti’s early investors, Major (Rtd.) Adebayo Adeleke, expressed his confidence in Vesti’s growth potential. He cited the company’s recent cash-positive status in H1 2024, partnerships, and expansion plans across Africa as indicators of its strong trajectory. He emphasised the positive impact Vesti is having on the Nigerian economy, including attracting Foreign Direct Investment (FDI), fostering innovation, and creating jobs. He also mentioned the company’s preparations for future funding rounds and a possible IPO, which excites investors.
  
Speaking at the formal commissioning of the facility, Dr Olakunle Soriyan, a futurist and social impact investor, commended Vesti for its contribution to the relentless pursuit of innovation, collaboration, and the boundless potential of the human spirit. He highlighted the company’s role in fostering a thriving tech ecosystem and attracting talented individuals to Lagos.
  

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