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Abuja, Nigeria’s Federal Capital Territory, benefits from above average infrastructure and has been recognized as Africa’s fastest growing city – but with that come challenges.

With the rapid population growth, it is clear that the FCT cannot continue to depend on government as its prime economic base. Outside of Government, Abuja’s key industries include, Agro-Allied, Transportation, Retail, Real Estate and Hospitality. Thus, leveraging technology to further enhance these, and the financial services that should back them, provides opportunity to address IDE acceleration.

Abuja lies within a rich belt of mining activity, which would provide access to materials that could be key components of new technologies, in ICT, Agriculture, Construction and Energy, to name a few. With materials science research capabilities in the region, therefore, our vision of innovation encompasses more than ICT alone, but to the needs of other industries. Our goal is to create an attractive IDE platform from these fundamentals, and foster at least one “mini-unicorn”.

We believe there are at least 4 interdependent tiers of innovation, as regards IDEs. These are described in the chart below. To scale up innovation, we believe that a strategy-driven “culture of innovation” must emerge, to which end targeting just one of tier would be counterproductive in the long-run.

MIT REAP Team Abuja includes stakeholders from the National Information Technology Development Agency, TeasyPay, Verdant Agritech, First Icon Mutual Capital, Sigma Pensions, Nile University of Nigeria, and Petroleum Equalisation Fund (Management) Board.

Team Members

University
Government
Corporate
Risk Capital
Entrepreneur

Innovation Ecosystem Stakeholder Model

Dr. Isa Ali Ibrahim
Champion
Honourable Minister of Communications
Alh. Ahmed A. Bobboi
Champion
Executive Secretary, Petroleum Equalisation Fund (Management) Board (PEF(M)B)
Kashifu Inuwa Abdullahi
Director-General, National Information Technology Development Agency (NITDA)
Musa Ali Baba
Managing Director/ CEO, TeasyPay
Nasir Abdulqadir Yammama
Founder/ CEO, Verdant Agri-Tech
Aminu Said Ahmed
Special Projects and Innovation, Petroleum Equalisation Fund (Management) Board
Dave Uduanu
Managing Director/ CEO, Sigma Pensions Ltd.
Baqi Salihu
Director, Networks and IT Architecture Planning, 9Mobile
Prof. Dr. Ibrahim Keles
Deputy Dean, Faculty of Management Sciences, Nile University of Nigeria
Moses Saromi
Founder/Director, First Icon Mutual Capital Limited
Dr. Amina Sambo-Magaji
National Coordinator, Office for ICT Innovation and Entrepreneurshp (OIIE)
Halima Halilu
Talent Management Officer, Petroleum Equalisation Fund (Management) Board
Bashir Yusuf
Innovation and Industry Cluster Specialist, PSI
Abdulsalem Umar
Lead Solutions Architect at NobiPay

Core Regional Metrics

INNOVATION CAPACITY

Ability to develop new to the world innovations from inception through to the market.

EXPAND ALL

People

Growing annually at a rate of 7.11%, Abuja has a population of 3,095,118 (Abuja municipal); 6 million (FCT-regional).

Demand

Coming soon!

Performance

Coming soon!

Culture & Community

Coming soon!

Infrastructure

Coming soon!

ENTREPRENEURIAL CAPACITY

Ability to start and build new to the world businesses from inception to maturity.

EXPAND ALL

People

Coming soon!

Demand

Coming soon!

Performance

Coming soon!

Culture & Community

Coming soon!

Infrastructure

Coming soon!