In a significant boost to Nigeria’s digital economy, the Government of Japan has committed $30 million through the Japan International Cooperation Agency (JICA) to establish world-class start-up hubs in Abuja.
The agreement, signed between JICA and the Federal Government, marks a major milestone in Nigeria-Japan bilateral relations and aims to foster innovation, create jobs, and promote sustainable development in the tech ecosystem.
The project includes two components: a $9.9 million advanced Start-Up Hub to be implemented by the National Information Technology Development Agency (NITDA), and a $21 million initiative for developing a supporting environment for social start-ups, led by the Nigeria Sovereign Investment Authority (NSIA).
Speaking at the signing ceremony, Minister of Budget and Economic Planning, Senator Atiku Bagudu, said the agreement reflects “a shared vision for innovation-driven economic growth and youth empowerment.” Mr. Yuzurio Susumu, Chief Representative of JICA Nigeria, signed on behalf of the Japanese government.
The funds will be disbursed in phases until 2030 and cover infrastructure development, equipment procurement, and consultancy services. The Abuja Start-Up Hub will serve as a nucleus for digital innovation, featuring cutting-edge technology and collaborative workspaces.
The initiative also prioritizes environmental compliance and aims to enhance linkages within the Nigerian and Japanese tech ecosystems. According to the agreement, Japanese suppliers will be given priority for primary contracts, though local sourcing is also encouraged.
NITDA Director General, Kashifu Inuwa, praised the long-standing collaboration with JICA, highlighting the success of their joint iHatch initiative, which has already generated over 117 direct and 370 indirect jobs.
“We are now scaling this initiative nationwide,” Inuwa said. “Through a six-month incubation program, iHatch equips start-ups with the tools and mentorship they need, leveraging JICA’s global expertise.”
Implementation of the project will begin in April 2025 and run through December 2030. It aligns with President Bola Tinubu’s Renewed Hope Agenda and Nigeria’s ambition to become a leading digital economy in Africa.
Progress reports will be submitted monthly, with a final comprehensive evaluation expected six months after the project’s conclusion.
