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Wednesday, July 18, 2018

Africa could become the new Silicon Valley

Nigerian President Muhammadu Buhari, center, with Vice President Yemi Osinbajo -- who commissioned the Vibranium ValleyĆ¢€ project -- and Mark Zuckerberg.



"At one point, the idea of developing a startup in Africa was unfamiliar and far-fetched. However, new major tech labs in Ghana or Nigeria are looking to emulate the success of their counterparts in Silicon Valley.



The “Vibranium Valley” project, which is located in Yaba, Nigeria, was commissioned by Vice President Yemi Osinbajo. The project aims to deliver an elaborate, state-of-the-art space specifically for tech startups.



In May, Google and Facebook also lauched their own tech initiatives in Nigeria, according to a report from Phys.org.



Osinbajo recently traveled to California to discuss with tech investors the future of Africa’s tech industry and what he deems could be a “fourth industrial revolution...”



Africa could become the new Silicon Valley

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