The National Information Technology Development Agency (NITDA) is actively promoting Nigeria’s digital economy as a prime investment destination to foreign investors. At a recent GITEX Africa event in Marrakech, Morocco, NITDA Director General Kashifu Inuwa emphasized the vast opportunities within Nigeria’s burgeoning digital landscape, inviting global investors to tap into its potential.
A Hub of Innovation and Talent
Inuwa described Nigeria as a land of opportunity, fueled by a youthful, tech-savvy, and innovative population. He highlighted that over 70% of Nigerians are under the age of 25, positioning the nation as a talent hub for the Fourth Industrial Revolution. He underscored the government’s commitment to transforming Nigeria into a leading digital economy through comprehensive reforms, infrastructure investment, and a strong focus on digital literacy. The government aims to empower citizens to not only consume technology but also to create and export it globally.
GITEX Nigeria: A Gateway to Investment
NITDA is partnering with KAOUN International to host GITEX Nigeria, a major technology and investment conference scheduled for September 1-4, 2025, in Abuja and Lagos. This event aims to bring together global tech leaders, innovators, investors, startups, and policymakers, fostering collaboration and technological exchange. Abuja will host discussions on policy frameworks and investor-friendly reforms, while Lagos will showcase Nigeria’s vibrant startup ecosystem and investment potential. GITEX Nigeria is projected to attract over 1,000 startups, more than 100 investors, and over 20,000 attendees.
Government Support and Digital Growth
The Nigerian government is actively investing in digital infrastructure and digital sovereignty, creating platforms for citizens to develop digital offerings. Key initiatives focus on embedding digital skills across the formal education system and enhancing national digital capabilities. Nigeria’s digital economy has experienced remarkable growth, driven by increased internet penetration, mobile technology adoption, and a thriving startup ecosystem. The Information and Communications Technology (ICT) sector contributed approximately 20% to Nigeria’s GDP in Q2 2024. The country also has Africa’s largest mobile market, with around 219 million subscribers.
, driven by increased internet penetration, mobile technology adoption, and a thriving startup ecosystem. The Information and Communications Technology (ICT) sector contributed approximately 20% to Nigeria’s GDP in Q2 2024. The country also has Africa’s largest mobile market, with around 219 million subscribers.
