NBTI unveils $600 million investment pipeline through global partnerships
The National Board for Technology Incubation (NBTI) says it has unlocked investment and development-finance pipeline exceeding $600 million through international partnerships, including a $500 million solar-energy partnership and a $100 million financing memorandum of understanding (MoU). The post NBTI unveils $600 million investment pipeline through global partnerships appeared first on…
The National Board for Technology Incubation (NBTI) has unveiled a $600 million investment pipeline through international partnerships, as disclosed by its Director-General, Dr Kazeem Raji, during a news conference in Abuja. The investment consists of a $500 million solar-energy partnership with Gigawatt Global to support Nigerian tertiary institutions, and a $100 million financing memorandum of understanding (MoU) with Cambridge Investors, aimed at supporting President Bola Tinubu's Light Initiative.
The Light Initiative targets one million micro and small businesses across Nigeria. In addition, the NBTI is offering grants for women innovators, foreign acceleration programmes, and leadership scholarships, with the responsibility of translating these opportunities into bankable projects with transparent implementation and verifiable results.
The proposed investment pipeline is part of broader government and private-sector efforts to strengthen Nigeria's innovation ecosystem, expand access to financing, and develop technology talent.
Written by urgent.news from Nairametrics's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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