New startup support portal launched as part of Nigeria Startup Act implementation
- A Startup Support and Engagement Portal has been launched in Nigeria.
- The Nigeria Startup Act aims to advance the country's tech ecosystem.
- The act was signed into law by President Muhammadu Buhari in October 2022.
The launch of the Startup Support and Engagement Portal in Nigeria, along with the implementation of the Nigeria Startup Act, is a positive step towards advancing the country's tech ecosystem. By providing a platform for registration and support, the portal can help foster collaboration and innovation among Nigerian startups, venture capital companies, hubs, and innovation centers. The enactment of startup acts in various African countries also indicates a growing recognition of the importance of supporting and promoting entrepreneurship in the region.
