Nigeria booming with start-ups with more technology hubs than any other country in Africa that could benefit from access to Canadian and American markets through Canada’s Start-Up Visa program.
In its Global Start-up Ecosystem Report 2019, the Startup Genome research and advisory organization listed Lagos, Nigeria as one of the most likely places in the world to become a Top 30 tech hub to lead a Silicon Valley-like, albeit smaller, tech boom in the next few years.
“The Nigerian start-up ecosystem is on the move,” notes VC4A, a Nigerian start-up support organization. “It is a leading hub for entrepreneurship on the continent thanks to several strengths, including a growing number of engaging international investors, a huge population with access to technology, and a growing number of start-up support organizations active in the ecosystem.”
That explosive growth in tech companies in Nigeria comes as Canadian companies are poised for major growth in the digitization of their operations in the post-COVID-19 world.
“The number one priority for Canadian businesses in 2021 is digital resiliency and our predictions reflect that priority,” says Tony Olvet, International Data Corporation’s group vice-president of research.
“The pandemic caused an accelerated move to digital technologies and services in large part to serve customers and support employees in new ways. But as business and IT leaders look ahead to the post-pandemic economy, we don’t expect them to go back to the old ways of doing business,” he says. “Digital investments will continue, and the notion of resiliency will remain high on the executive agenda.”
International Data Corporation is forecasting that Canadian organizations will accelerate the digitization of their workflow two to three times faster than the automation of their physical environment in the coming year. By the end of 2021, half of Canadian large enterprises are expected to be using artificial intelligence for process and workflow automation.
That means there is a great deal of opportunity for Nigerian entrepreneurs who want to go to Canada and start up a business under Canada’s Start-Up Visa program.
– Canada Immigration News
