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U.S. Consulate Promotes Tech Investment in Nigeria

U.S. Consulate Promotes Tech Investment in Nigeria

On Wednesday, at the GITEX Nigeria 2026 event in Lagos, U.S. Consul General Brandon Hudspeth announced that the U.S.

Consulate is actively working to foster technology and investment partnerships between Nigerian entrepreneurs and American businesses. This initiative is part of the U.S.-Nigeria Commercial and Investment Partnership (CIP), established in July 2024, which aims to strengthen trade and investment over five years.

Hudspeth emphasized the Consulate's role as an active facilitator, expecting significant growth in partnerships that could enhance prosperity and job creation. He noted that American companies, including Google, Cisco, Meta, and Microsoft, are contributing to Nigeria's digital talent development.

Hudspeth referenced Dealroom’s 2025 Global Tech Ecosystem Index, which ranked Lagos as the number one Rising Star globally, highlighting its six unicorns and the tech sector's contribution of over 16% to Nigeria’s GDP. U.S. investors have provided 60% of Nigeria's venture capital, with the CIP focusing on removing commercial barriers and attracting investment.

Plus234Feed summary based on reporting from Nairametrics. Read the original report below.

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