Regional report: Nigeria
By many standards, the venture capital industry in Nigeria is still emergent, especially if one considers the size of the deals, number of funds and sophistication of investors in the market. Accordingly, the federal government must promote venture capital activity in Nigeria as a strategic policy initiative, and in order to promote innovation and enterprise among the most productive segment of its population.
As part of that process, the federal government should strategically engage all the stakeholders in the industry’s…
