ADVERTISEMENT
  • About
  • Advertise
  • Careers
  • Contact Us
Tuesday, August 26, 2025
  • Login
No Result
View All Result
NEWSLETTER
Tech | Business | Economy
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
    • Mobility
    • Environment
    • Travel
    • StartUPs
      • Chidiverse
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • EventDIARY
    • Editorial
    • Appointment
  • TECHECONOMY TV
  • Apply
  • TBS
  • BusinesSENSE For SMEs
  • Chidiverse
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
    • Mobility
    • Environment
    • Travel
    • StartUPs
      • Chidiverse
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • EventDIARY
    • Editorial
    • Appointment
  • TECHECONOMY TV
  • Apply
  • TBS
  • BusinesSENSE For SMEs
  • Chidiverse
No Result
View All Result
Tech | Business | Economy
No Result
View All Result
ADVERTISEMENT
Home Business StartUPs

GITEX Nigeria: NITDA, Alami Capital to Back Women-Led Startups with $250k via ‘The LaunchPad’

by Joan Aimuengheuwa
August 26, 2025
in StartUPs
0
GITEX Nigeria: NITDA, Alami Capital to Back Women-Led Startups with $250k via ‘The LaunchPad’
The LaunchPad to back women-led startups

The LaunchPad to back women-led startups

UBA
Advertisements

The National Information Technology Development Agency (NITDA) and Alami Capital, in partnership with the Securities and Exchange Commission (SEC), have officially launched The LaunchPad, a venture-building platform designed to scale Africa’s most promising women-led startups.

The initiative, which will have a dedicated zone within the GITEX Nigeria showcase, is a structural market intervention aimed at addressing the chronic under-capitalisation of women-owned enterprises. 

While women own 27% of businesses in Africa and contribute 13% of GDP, they secure only 7% of total venture capital funding.

“Who gets funded determines what gets built, and what gets built will define the economic future of Africa,” said Kashifu Inuwa Abdullahi, Director General of NITDA. “The LaunchPad ensures women founders are not just part of the conversation but central to Africa’s innovation economy. Closing this funding gap for women is not charity, it’s one of the smartest bets we can make for Africa’s future.”

The LaunchPad will channel $250,000 in catalytic capital into five ventures selected after GITEX Nigeria. Each startup will receive between $25,000 and $50,000, coupled with equity investment, regulatory guidance, and mentorship designed to prepare them for long-term growth.

What distinguishes The LaunchPad is its design. Unlike grant-only models such as the Cartier Women’s Initiative, or accelerators with limited follow-up, this platform integrates equity investment, regulatory de-risking, and structured pathways to scale.

MTN ADS

At GITEX Nigeria 2025, The LaunchPad by NITDA and Alami zone will feature multiple touchpoints. These include a Funding Pavilion showcasing high-potential women-led ventures, Capital Readiness Clinics where founders engage directly with investors, and a Fireside for Scale, a dialogue on market expansion and IPO readiness. 

The event will also host the ‘To the Stars’ Bell Activation, a symbolic ringing of the bell with the SEC and women founders to mark the rise of women in Africa’s capital markets.

“As an investor, I witness the economics of exclusion every day. This is about building a vetted, investable pipeline of women-led ventures grounded in institutional rigour,” said Amina Oyagbola, founding partner at Alami Capital.

“Our mission is to shift capital flows, transform investment behaviour, and unlock Africa’s full innovation potential.”

Loading

MTN ADS

0Shares

MTN ADS
Tags: African innovationAlami Capitalfemale entrepreneurs AfricaGITEX NigeriaNITDASEC Nigeriastartup funding AfricaStartup investmentThe LaunchPadventure capital Nigeriawomen in tech Africawomen-led startups
Joan Aimuengheuwa

Joan Aimuengheuwa

Joan thrives at helping individuals and businesses scale via storytelling...

Next Post
August Bond Draw Record N268bn Investor Interest, Exceeds Offer

FG Bonds Draw Record N268bn Investor Interest, Exceeds Offer

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Recommended

Atiku Pledges to Continue Digitisation of Nigeria

3 years ago

JUST IN: NIN verification service portal fully restored, says NIMC

4 years ago

Popular News

    Connect with us

    • About
    • Advertise
    • Careers
    • Contact Us

    © 2025 TECHECONOMY.

    No Result
    View All Result
    • News
    • Tech
      • DisruptiveTECH
      • ConsumerTech
      • How To
      • TechTAINMENT
    • Business
      • Telecoms
      • Mobility
      • Environment
      • Travel
      • StartUPs
        • Chidiverse
      • TE Insights
      • Security
    • Partners
    • Economy
      • Finance
      • Fintech
      • Digital Assets
      • Personal Finance
      • Insurance
    • Features
      • IndustryINFLUENCERS
      • Guest Writer
      • EventDIARY
      • Editorial
      • Appointment
    • TECHECONOMY TV
    • Apply
    • TBS
    • BusinesSENSE For SMEs

    © 2025 TECHECONOMY.

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    Translate »
    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.