In a significant endorsement of Nigeria’s tech sector, the United States Consul General in Lagos, Will Stevens, delivered a keynote speech at the Global Tech Africa conference, emphasizing the US’s commitment to bolstering technological advancements in Nigeria and across Africa.
Stevens highlighted the strong relationship between the US and Africa, particularly Nigeria, emphasizing a long-standing partnership geared toward enhancing technological advancements. He underscored the importance of this cooperation in fostering two-way trade and investment, promoting security cooperation, and supporting sustainable development.
He emphasized the crucial role technology plays in deepening ties between the US and Nigeria and its broader impact across Africa. The adoption of technological innovations is instrumental in addressing pressing global challenges in sectors like education, healthcare, agriculture, and economic growth.
Stevens noted the substantial contributions of US venture capital firms in bolstering Africa’s tech landscape. A significant portion of venture capital funding in Nigeria and Africa comes from the US, showcasing a keen interest in supporting the continent’s digital economy. He mentioned that US investments are stimulating rapid growth in African startups, reshaping traditional industries, and creating global solutions.
He detailed the US government’s involvement in boosting Nigerian startups through various programs, facilitating connections with global markets, and providing access to incubators and accelerators. Stevens highlighted the US Commerce Department’s role in introducing advanced technology to Nigeria and fostering bilateral relationships through investment summits and mentorship opportunities.
He introduced the Biden-Harris Administration’s DTA initiative aimed at expanding digital access, enhancing commercial relations, promoting digital literacy, and strengthening digital environments across Africa. This initiative signifies a concerted effort to align with the African Union’s Digital Transformation Strategy.
Stevens underscored the contributions of US technology companies, such as Meta (parent company of Facebook), Google, and MainOne, in bolstering Africa’s internet connectivity. Notably, the 2Africa cable, the world’s largest undersea cable system owned by Meta, is set to land in Nigeria, emphasizing the US commitment to boosting Africa’s access to reliable internet.
Regarding healthcare, he highlighted significant US investments of $20 billion over the past 15 years in various health-related programs, emphasizing technology’s pivotal role in addressing health challenges.
Stevens concluded by affirming Nigeria’s critical role in Africa’s technological landscape, expressing confidence in Nigeria’s youth to drive global change. He reiterated the US’s unwavering support for Nigeria’s talent and digital transformation, emphasizing ongoing collaborations and initiatives aimed at fostering Africa’s technological success.