According to a recently released ranking of African cities’ attractiveness to startup and funding, Lagos ranks top as it outdid other major cities like Nairobi, Cape Town and Johannesburg. It is also fondly called Nigeria’s Silicon Valley.
In 2019, Chukwuemeka Fred Agbata (CFA) and a few others launched the Lagos chapter of Founder Institute, the world’s largest pre-seed accelerator and from then till now CFA has been instrumental in the opening of about 10 more chapters across Africa with more set to be launched in years ahead.
The Founder Institute Lagos under CFA’s leadership has helped to accelerate the growth of over 100 startup ventures in the course of 3 years in the Lagos Ecosystem.
In 2021, two of the FI Lagos portfolio companies; Zowasel and Betastore got listed among the top 50 fastest growing companies globally. CFA became the Regional Director for Founder Institute, a few months after the Lagos state chapter was launched.
Over the years, CFA has anchored Tech Trends, a Channels Television program, while also writing a weekly technology article on the Punch ICT column.
On both platforms, he was consistent in driving how organizations, individuals, and developing countries can leverage the use of ICT for economic growth and development.
Hence, we at Founder Institute Lagos celebrate him on his appointment as the Managing Director/Chief Executive Officer of the Anambra State ICT Agency.
He was also part of the Transition Committee of the then Governor-elect Professor Chukwuma Charles Soludo before he was appointed in March 2022.
Speaking on CFA’s appointment, Ifedy Eze, the MD of FI Lagos, said “We at FI Lagos are excited about the CFA’s appointment as the MD/CEO of Anambra State ICT Agency because this shows the great impact we are making in the Lagos startup ecosystem has not gone without notice, we are optimistic that CFA is able to recreate in multiple folds what he and the FI team has done in across the 10 plus chapters of Founder institute given the resources he now has at his disposal”.
This appointment was made by the governor of Anambra state, His Excellence Prof. Charles Chukwuma Soludo and was announced by Paul Nwosu, the state’s Commissioner for Information and Public Enlightenment in a public statement on Tuesday.
“This new feat we believe is in recognition of his impact in the Tech and Start-up ecosystem. We look forward to seeing him revolutionalize the ICT Space in Anambra State.”. Ifeddy added.
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