Over the past 21 years, about 70 billion US dollars have been invested in the telecommunication sector, making it one of the most expensive sectors in the country. This sector is full of potential and would drive positive impacts on the Nigerian economy. However, it is capital-intensive. Few entrepreneurs have the financial capacity to establish a startup in this industry. This article helps to address this challenge by providing a list of global investors who provide funds to support highly motivated persons.
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Google Generation Scholarship: Google is the world's leading expert on search engine technology. They provide a friendly search engine experience to their users. With a subscriber base of about 1 billion. Google offers scholarships to individuals who are interested in learning about information technology and how it would be used to solve problems. Scholarships are worth £7,000 and would be awarded to promising students. This opportunity is opened to students enrolled as full-time students in a Bachelor or graduate studies program within Africa, Europe and the Middle East. Applicants are required to write an essay on how they plan to use information technology after their studies. Learn more about this opportunity. https://buildyourfuture.withgoogle.com/scholarships/generation-google-scholarship-emea
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Microsoft Africa Transformation Office - Microsoft is the leading provider of computer software, services and products that enable digital transformation. The Microsoft Africa Transformation Office is a project designed to support information technology services in Africa. This project has 5 key focus areas which are; infrastructure expansion, imparting information technology skills to students, empowering at least 10 million IT small and medium enterprises with funds and technical support, accelerating the growth of 10,000 startups, and creating strategic partnerships with governmental agencies and multinational corporations to strengthen the IT industry in Africa. Get further information about this opportunity here. https://www.microsoft.com/africa/ato
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Samsung Electronics Undergraduate Scholarships - Samsung is one of the world's leading IT companies producing a wide range of quality electronic products. Some of their products include television, smartphones, tablets, digital cameras and home appliances. This IT firm designed the Samsung Electronics Undergraduate Scholarship to support the education of promising students in the IT industry. The scholarship is available for international students to study computer engineering in the department of electrical and computer engineering at Seoul National University, South Korea. The scholarship covers flight tickets, medical insurance, accommodation, and the living expenses of the beneficiary. Upon graduation, the beneficiary is expected to work with Samsung Electronics Company in South Korea for at least two years.
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Jack Ma Foundation Africa Business Heroes - Jack Ma Foundation is a charity organization founded in 2014 by Chinese billionaire Mr Jack Ma. The foundation aims to help entrepreneurs globally to achieve their business objectives. The Africa Business Heroes is a programme designed specifically for Africans. The programme is aimed at identifying and celebrating African entrepreneurs who are using digital technologies to create innovative and sustainable businesses that are having a positive impact on their communities and the African continent. Each year 10 applicants are selected to benefit from the $1.5 million fund available, as well as access to a business community of African leading entrepreneurs. Here's more information about the application process. https://africabusinessheroes.org/en/
You can also look up this list of investors that fund tech in Nigeria. (List of investors that fund tech in Nigeria).
You can also find it beneficial to look up this list of investors that fund energy businesses in Nigeria. (List of investors that fund energy businesses in Nigeria).
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