Nigeria to boost social technology
Nigeria’s first technology innovation hub, Co-Creation Hub, last week announced that it has partnered with the Tony Elumelu Foundation (TEF).
The partnership is aimed at encouraging innovative ideas that could help transform the social technology space in the country.
It was disclosed that TEF will provide managed seed funding to 20 technological ideas/ventures targeted to tackle social challenges within Nigeria.
Co-Creation Hub will however, incubate these funded social technology ventures by means of business support resources.
According to the Co-Creation Hub, the fund aims to support the proper use of technology in several key areas of the economy.
The fund is currently supporting three social technology ventures:
Efiko – a mobile testing platform that provides access to learning resources for secondary school students.
OfficeMotion – a software company creating Tracelist, a web platform product that allows micro and small retailers to showcase their inventory online. It gives consumers direct access to their inventory from web browsers and mobile devices.
Varsoft – a product of Varsoft Technologies that enables content delivery without the use of the Internet.