- …says NITDA, JICA’s partnership is driving Nigeria’s startup revolution
Emmanuella Oghenetega
The Director General of the National Information Technology Development Agency (NITDA), Kashifu Inuwa, has raved about Nigeria being home to over 200 fintech startups, revolutionising financial services, fostering inclusion, and empowering millions, citing Paystack, Flutterwave, and Paga as success stories
He noted that Nigeria now boasts as one of Africa’s most vibrant startup ecosystems, with young entrepreneurs using technology to solve local challenges with global implications.
The DG, represented by Dr Amina Sambo-Magaji, Deputy Director, e-Government and Digital Economy Development Department, at the closing ceremony of the Survey on the Digitisation of Supply Chains in Small-Scale Nigerian Farms, organised by AGROVESTO, a JICA-funded Agritech startup and beneficiary of NITDA’s iHatch Incubation Programme Cohort 2, described the partnership as a cornerstone for Nigeria’s socio-economic transformation.
Stating, that Nigeria’s collaboration with the Japan International Cooperation Agency (JICA) is propelling the nation’s technology innovation and startup ecosystem to new heights.
He said, “Through strategic partnerships such as the one we enjoy with JICA, we are laying a strong foundation for sustainable growth, inclusive development, and global competitiveness. Nigerian innovations will not only solve local challenges but inspire the world.”
Highlighting the role of iHatch, a joint incubation and acceleration programme by NITDA and JICA, Inuwa explained that it provides training, mentorship, seed funding, and ecosystem support to budding startups across different sectors.
He further emphasised that the recently enacted Nigeria Startup Act has created incentives to lower barriers for innovators. These include tax holidays, easier registration with the Corporate Affairs Commission (CAC), government-backed grants, innovation hubs, technology parks, and regulatory sandboxes.
According to the NITDA DG, these interventions are designed to stimulate investment, nurture talent, and position Nigerian startups for global competitiveness. He urged stakeholders, from government to investors, to continue supporting the ecosystem.
Also speaking, Chief Representative of JICA in Nigeria, Mr. Ishigame Kenji commended AGROVESTO for their dedication, creativity and pro-activeness in implementing the project, urging them to expand the initiative to reach more farmers across Nigeria.
Earlier in his opening remarks, AGROVESTO Co-founder and CEO, Bayo Adewoye commended Nigerian farmers for their hard work and contribution to national food security.
