With a growing youth population and a surge of SME entrepreneurs, there is a need for formal entrepreneurial training and co-creation between founders in Nigeria and counterparts outside.
Monday, the Nest Innovation Technology announced a strategic partnership with UnternemerTUM on driving innovation and entrepreneurship in Africa through the Africa Meets Bavaria program.
This is a two-year Bavarian State Chancellery-backed project connecting Bavaria with Africa to foster place-based innovation and entrepreneurial collaboration.
It empowers young African tech talents to innovate locally while enabling Bavarian companies to tap into emerging African markets.
The project aims to address some of the most pressing global challenges, including sustainability, mobility transformation, and climate change.
By working on local solutions to these challenges, participants contribute to the sustainable development and economic growth of their home countries.
This project is done in partnership with UnternemarTum, which has been announced by Financial Times as Europe’s leading start up hub for 2024-2025.
The initiative brings together leading innovation hubs across Africa, including:
- The Nest Innovation Technology Park (Nigeria)
- MEST Africa (Ghana)
- Impact Hub Kigali (Rwanda)
- iHub Nairobi (Kenya)
Together, these hubs, alongside UnternehmerTUM, are building a new wave of African entrepreneurs, promoting talent, and providing a launchpad for groundbreaking businesses.
“Nigeria is full of brilliant entrepreneurs. What’s often missing is access—the right structures, the right networks, and the right resources. This partnership is about breaking those barriers and ensuring our entrepreneurs are positioned to succeed globally,” said Oluwajoba Oloba, co-founder of The Nest.
We are excited about this as this partnership unlocks a co-creation and cross-pollination engagement between our university labs in Nigeria and UnternehmerTUM.
This is very much in line with the objective of the Federal Ministry of Communications and Digital innovation and a critical element of the Nigeria Startup Act.
