Lagos Declares Yaba Africa’s Silicon Valley

Lagos State Government has reiterated its decision to depict Yaba area the high-tech economic hub of Africa, talking after the like of Silicon Valley in the United States.

Silicon Valley continues to be a leading hub for high-tech innovation and development, accounting for one-third of all of the venture capital investment in the United States, hence Mr. Adebiyi Mabadeje, the State’s commissioner for Science and Technology, said that, with the on-going massive broadband project and other clusters of IT driven businesses cropping up in Yaba, the Government is hopeful of replicating “silicon valley” phenomenal center in the area.

He made the remarks while addressing journalists at the opening of Cc-Hub mobile experience center in Lagos.

Mabadeje said that the State treasures its collaboration with MainOne Company and other involved in the deploying of extensive fiber-optic network around Lagos.

He noted that with organization like Cc-Hub, Paga, iDEA Center, Jobberman, Buyology, and others establishing presence at the area, Yaba would connect Lagos to other parts of the country and Africa in general.

The Commissioner added that the State would continue to identify with innovators and innovating institutions to actualize its technological and infrastructural growth.

He further described the Cc-Hub center as advantageous to the teeming youths who are expected to sharpen their skills while developing apps. 

“The project we have at hand with MainOne and other third parties are massive broadband network deployment. We believe that Yaba will actually become Africa’s Silicon valley due to the presence of technology savvy organization and the commissioning of this mobile experience center by Cc-Hub will draw users’ attention to the area as well.

“We are not losing sight or our vision to see that the developmental agenda are achieved for the engagement of the youths in meaningful ventures and in making life easy for Lagosians,” he explained.