FEDERAL GOVERNMENT TO LAUNCH 2 NEW INVESTMENT FUNDS FOR STARTUPS IN 2026
The Federal Government will, in 2026, roll out two additional investment funds targeting Nigerian technology and creative startups under its Investment in Digital and Creative Enterprises (iDICE) program, officials disclosed over the weekend.
The new financing windows, a creative sector fund, and a “fund of funds” for smaller investment vehicles are part of the government’s strategy to deepen capital access for young innovators nationwide and stimulate job creation under President Bola Ahmed Tinubu’s Renewed Hope Agenda.
Vice President Kashim Shettima described the Digital creative program as “an exciting milestone,” following a $64 million first close of a new venture fund anchored by Ventures Platform, a pan-African seed-stage investment firm.
