NBTI Announces $600m Investment Pipeline for Nigerian Innovation

This initiative follows the participation of 298 Nigerian innovators at the NextGen Innovation Challenge 2026 in London.

Dr Kazeem Kolawole Raji, NBTI Director-General, highlighted that the October 9 event, organized in partnership with UKALD, served as an international platform for showcasing Nigerian technologies and connecting innovators with investors and commercial partners.

NBTI disclosed discussions with Gigawatt Global on developing solar farms in universities and polytechnics under power purchase agreements, and a memorandum of understanding with Financial Innovation for Impact, UK, covering a proposed $100 million financing for the Tinubu Light Initiative.

Other outcomes include a $100,000 investment commitment by Dubai-based investor Erin Grover for three women innovators and international acceleration opportunities valued at $160,000 for 16 selected innovators.