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Nigeria, Japan seal ₦17.4 billion Startup Hub deal

Oladapo RiliwanbyOladapo Riliwan
19/06/2025
in News
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Nigeria’s digital innovation landscape has received a major boost as the National Information Technology Development Agency (NITDA) signs a landmark ₦17.4 billion ($11.2 million) agreement with a Japanese consortium to establish a state-of-the-art Startup Hub under the auspices of the Japan International Cooperation Agency (JICA). Image credit: NITDA.

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Nigeria’s digital innovation landscape has received a major boost as the National Information Technology Development Agency (NITDA) signs a landmark ₦17.4 billion ($11.2 million) agreement with a Japanese consortium to establish a state-of-the-art Startup Hub under the auspices of the Japan International Cooperation Agency (JICA).

The signing ceremony, held in Abuja, sees Kashifu Inuwa, Director General of NITDA, join forces with Yuzurio Susumu, Chief Representative of JICA Nigeria Office, to formalise the collaboration designed to catalyse Nigeria’s technology startup ecosystem.

The initiative, NITDA says in a statement seen by Technology Times, is backed by a Japanese consortium comprising Oriental Consultants Global Co., Ltd., Intem Consulting Inc., and Yachiyo Engineering Co., Ltd., and marks a significant milestone in the ongoing digital diplomacy between Nigeria and Japan. The consortium, officially appointed by JICA, will spearhead the rollout of the first phase of the Startup Hub Project.

nitda-jica-partners-seal-startup-hub-nigeria
L–R: Kashifu Inuwa, Director General of NITDA, and Mr. Yuzurio Susumu, Chief Representative of JICA Nigeria, during the signing ceremony.
Image credit: NITDA on X

With an initial investment pegged at ₦17.4 billion, the Startup Hub is envisioned as a cutting-edge facility equipped with advanced digital infrastructure and collaborative spaces. The hub will serve as a launchpad for innovation-driven enterprises in Nigeria, aiming to nurture local startups into globally competitive ventures.


Startup Hub: Game-changer for Nigeria’s innovation space

With an initial investment pegged at ₦17.4 billion, the Startup Hub is envisioned as a cutting-edge facility equipped with advanced digital infrastructure and collaborative spaces. The hub will serve as a launchpad for innovation-driven enterprises in Nigeria, aiming to nurture local startups into globally competitive ventures.

“This partnership with JICA is not just about infrastructure,” Inuwa says. “It is a symbol of our joint commitment to economic diversification through inclusive digital innovation. The Startup Hub will serve as a breeding ground for tech entrepreneurs capable of transforming Nigeria’s economy.”

He also underscores the relevance of the agreement to President Bola Ahmed Tinubu’s Renewed Hope Agenda, which prioritises youth employment, technology development, and a resilient digital economy.

A continuation of a productive alliance

The agreement builds on the Memorandum of Understanding signed earlier on April 10, 2025, by Senator Atiku Bagudu, Nigeria’s Minister of Budget and Economic Planning, and Mr Susumu, on behalf of their respective governments.

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NITDA points to the successful track record of its earlier collaboration with JICA through the iHatch initiative. According to the agency, iHatch has already yielded over 117 direct jobs and created more than 370 indirect jobs nationwide, signalling the tangible socio-economic impact of such international cooperation.

Inuwa commends the deepening bilateral ties between Nigeria and Japan’s technology ecosystems, emphasising the value of exchange programmes and knowledge-sharing that have been instrumental in capacity-building for Nigerian startups.

Looking ahead: ₦62.1b expansion on the horizon

While NITDA leads the implementation of the first phase, a second, broader phase is in the pipeline. Titled The Project for the Development of a Supporting Environment for Social Startups in Nigeria, this next step is projected to cost ₦62.1 billion ($40 million) and will be executed by the Nigeria Sovereign Investment Authority (NSIA).

The agency views the Startup Hub as a pivotal move to position Nigeria as a regional tech powerhouse, tapping into its vibrant youth population, growing digital economy, and robust entrepreneurial spirit.

For Nigeria’s tech community, the deal represents more than just bricks and bandwidth—it signals a serious commitment to nurturing innovation, building global partnerships, and powering the country’s transition into a digitally inclusive economy, according to NITDA.

Tags: digital transformation Nigeriainnovation in nigeriajapanese investment in nigeriajica nigeriakashifu inuwa nitdanigeria digital economynigeria japan partnershipnigeria startup hubnigeria tech ecosystemnigeria tech startupsnitda startup hubstartup hubstartup hub project nigeriatechnology news nigeriayouth empowerment nigeria
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