Nigeria’s startups get boost from President Buhari, Facebook’s Zuckerberg

Related stories

It’s Another Big Brother Season Of Distractions

By Uzor Maxim Uzoatu The country is going through hell...

You must marry me and my children, By Funke Egbemode

‘I will not be with a man who will...

[VIDEO] Drama as Burglar is Caught in Overnight Heist at FCMB Branch in Imo

By Abiola Olawale In a shocking incident at a First...

2027: Why Peter Obi Proposed a Single-Tenure to Atiku, David Mark, Others -Obidient Movt Reveals

By Abiola Olawale The 2023 Presidential candidate of the Labour...

Nigeria has a growing technology scene, full of ambitious young entrepreneurs looking for ways to overcome various social challenges.

Thirty of them recently competed for a chance to pitch their business ideas directly to the president of Nigeria. Three of them made the final cut, including a Nigerian American:

Angel Adelaja is the CEO of Fresh Direct Nigeria, which specializes in urban farming to meet the needs of Nigerians who have been dependent on importing food products.

 “We take a 20-foot [6.1-meter] container that you would put a car in to ship, and we fit it with hydroponic farming technology and we farm vertically, so we’re using as much space as we can in the system,” she said.

Adelaja is a Nigerian American who recently returned to Nigeria to cater to the expanding class of nutrition-conscious urbanites.

Ifedayo Oladapo is the founder of GRIT Systems Engineering. He is trying to amass data on electricity consumption and production. GRIT Systems manufactures an energy device for users to monitor their various energy sources.

“There’s an incredible amount of waste,” Oladapo said. “We spend $11 billion each year fueling generators. That’s 4 percent of our GDP, and that doesn’t even cover the cost of maintenance.”

Emmanuel Okena is the CEO of Tracology. He and his team created a barcode that will be posted on people’s front gates, so garbagemen know whether a customer has paid for the trash to be picked up.

“Once the utility provider comes to the house, all he has to do is scan this barcode and he knows in real time whether you have paid for that waste or whatever service he wants to offer you,” Okena said.

Meeting some high-powered people

Tracology’s Okena, along with the two others, got the chance to meet President Muhammadu Buhari and Vice President Yemi Osinbajo.

Okena won a cash prize of more than $8,000 from telecommunications company Airtel, an event sponsor.

“It has been humbling, and we are very grateful,” Okena said. “The president was so impressed that Nigerians are thinking out of the current crisis, economic recession, we have, making sure that we can generate revenue.”

The pitch event kicked off with a lot of fanfare, and with tech celebrity Mark Zuckerberg of Facebook.

Zuckerberg listened to the winning pitches from the startup owners and said he was reminded of when he first started building Facebook.

“This trip has really blown me away by the talent of the entrepreneurs and developers in this country, and by the focus on building something that is going to make a difference and going to make a change,” Zuckerberg said while on stage at the presidential banquet hall.

“I think if you keep on doing this, you are not only going to change Nigeria or Africa, but the whole world,” Zuckerberg said.

Channels
Channels
Hamilton Nwosa is an experienced, and committed communication, business, administrative, data and research specialist . His deep knowledge of the intersection between communication, business, data, and journalism are quite profound. His passion for professional excellence remains the guiding principle of his work, and in the course of his career spanning sectors such as administration, tourism, business management, communication and journalism, Hamilton has won key awards. He is a delightful writer, researcher and data analyst. He loves team-work, problem-solving, organizational management, communication strategy, and enjoys travelling. He can be reached at: hamilton_68@yahoo.com

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories

NDN
Latest News
It’s Another Big Brother Season Of DistractionsYou must marry me and my children, By Funke Egbemode[VIDEO] Drama as Burglar is Caught in Overnight Heist at FCMB Branch in Imo2027: Why Peter Obi Proposed a Single-Tenure to Atiku, David Mark, Others -Obidient Movt RevealsOkpebholo vs Asue Ighodalo: Anxieties as Supreme Court Reserves Judgment on Edo Governorship Election Case2027 Election Battle Rages as Gen David Mark Quits PDP, Leads Coalition Against TinubuOil Markets Refocus on OPEC as Iran-Israel Conflict CoolsRussia's War Economy Faces Imminent RecessionThailand’s PM Paetongtarn Shinawatra suspended over leaked Hun Sen call2027: Atiku, David Mark, Secondus, Tambuwal, Others Hold Crucial Meeting, Weigh OptionsRanked: 40 Best Countries in the World, According to PeopleOPEC Tensions Build as Kazakhstan's Oil Production Hits All-Time HighDrama as Lagos Monarch Strips Six Chiefs of Titles Over Labour Party Rally AttendanceAnxieties as Ondo Govt Launches Probe into Akeredolu’s Death, Puts Widow Under ScrutinyTrump Blasts Elon Musk Over Renewed Criticism of US Spending Bill
X whatsapp