Lagos, London join forces to drive tech innovation

According to analysts, internet bandwidth in Africa has increased by approximately 40 to 50% during the last five years.

The initiative begins with a pilot in Eti-Osa local government and will progressively expand to other 57 councils.

The initiative intends to provide dedicated fibre-optic connectivity, secure Wi-Fi access, and real-time performance monitoring directly to student hostels.

This recognition is based on Dealroom's recently published Global Tech Ecosystem Index 2025.

This investment, according to Lagos State, is a critical step in its ambition to increase connectivity, accelerate digital transformation activities.

Organisers say the event was a compelling celebration of West Africa's thriving fintech, mobility, and logistics ecosystem, with five start-ups emerging victorious.

Start-ups can apply for funding through the LASRIC website. Eligible applicants must pass an initial screening and a panel evaluation by industry experts.

The lab marks a significant milestone in technological advancement and collaboration in building technological solutions in Nigeria.

Airtel says Nxtra project is a critical component of the company's growth strategy and represents a watershed moment in the company's history, with a focus on Nigeria, the company's largest market.

Africans aged 18 to 34 with the capacity to travel to in-city tech hubs are eligible for the ALX initiative.

Ongoing digital transformation on the continent prompts digital payment solutions provider to explore further investment opportunities.