8 startups pitching at Nigerian Economic Summit

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Eight Nigerian startups have been selected to take part in a pitching event hosted at the Nigerian Economic Summit, in a bid to help them access funding and mentorship.

The 23rd Nigerian Economic Summit began in Abuja yesterday under the theme “Opportunities, Productivity & Employment: Actualizing the Economic Recovery and Growth Plan”.

It features for the first time a startup pitching event aimed at providing a platform for businesses to pitch ideas and access funding from venture capitalists and investors.

A total of 263 startups applied to take part via the VC4A platform, which have now been narrowed down to the eight pitching at the event.

They include Africa-focused e-library Academix, cloud accounting startup Accounteer, ed-tech startups Edusko and Insight Africa, campus accommodation finder MyPadi and fintech startup Piggybank.ng.

Two non-tech startups are also pitching, namely peanut manufacturer L&L Foods and condiments producer Ojoro Kitchen. The selected startups will each have five minutes to pitch to prospective investors and 10 minutes to answer questions from them.

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Passionate about the vibrant tech startups scene in Africa, Tom can usually be found sniffing out the continent's most exciting new companies and entrepreneurs, funding rounds and any other developments within the growing ecosystem.

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