Business & Economy - News - April 2, 2021

UK govt. funds Nigeria’s maiden open-source business intelligence platform

To provide transparent and reliable data about Nigeria’s tech sector and help reduce barriers faced by companies interested in doing business in Nigeria.

The UK government through its UK-Nigeria Tech Hub has launched an open-source Business Intelligence Platform to provide transparent and reliable data about the Nigerian Tech sector.
Funded by the UK government’s Africa Technology and Innovation Partnership (ATIP) programme, the Business Intelligence Platform would help reduce the informational barriers to entry for companies, investors, and researchers interested in doing business in Nigeria.
The agency acknowledged Nigeria as a leader across Sub-Saharan Africa for vibrancy and volumes when it comes to the tech landscape, adding that there was an increasing need to provide reliable and legible points of reference.
The new Business Intelligence Platform draws directly on data from Briter Bridges and leverages the UK-Nigeria Tech Hub brand and network to maximise inclusion and access to information about the state of tech in the country.
The UK-Nigeria Tech Hub is an initiative of the UK Government Department of Digital, Culture, Media and Sport established with the aim to support Nigeria’s Tech- ecosystem by promoting high-end digital skills and fostering partnerships between the UK and the Nigeria Tech-ecosystem
As part of the commitment, The UK-Nigeria Tech Hub and Briter Bridges which are delivery partners for this platform would be joining forces and leveraging their dual positioning as local based, globally-focused organizations to bring the ecosystem together via initiatives, research content, to unlock future funding opportunities.
The British Deputy High Commissioner- Ben Llewellyn-Jones said the launch of the open-source Business Intelligence Platform would enhance access to valuable information and data necessary for fostering partnership across the UK and the Nigerian tech ecosystems. “This is a testament to the role the UK Government can play in supporting the tech ecosystem in Nigeria,” the envoy said.
On the importance of the Business Intelligence Platform and the UK’s support, Team Lead, West Africa Research and Innovation, Leanne Jones, said:
“We are glad that the UK Government’s Africa Technology and Innovation Partnership (ATIP) programme can support the development of this open-source Business Intelligence Platform for the Nigerian technology sector.
“Access to this kind of information by all industry players will go a long way in addressing information gaps, identifying opportunities for collaboration and increasing access to funding.”
The Interim- Country Director of the UK-Nigeria Tech Hub-Lamide Johnson expressed delight partnering with Briter Bridges to co-develop and launch the Open-Source Business Intelligence Platform, aimed at providing tech- stakeholders across the board easy access to information required to promote high-end digital tech opportunities.
The new Business Intelligence Platform would allow users access to a comprehensive database of startups, tech hubs, and investors operating in Nigeria, and access to a live investment tracker showcasing all deals happening in the country.
The other benefits of the platform are that it would crowdsource new entities/players in the Nigerian tech ecosystem; this will enable Admins (people with profiles on the platform) to update and edit their profiles as it pertains to their startups, companies, etc, as well as gather digestible information on an interactive, real-time data visualisation dashboard.

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