This investor is balancing impact investing and getting returns on her investments
TechCabal | Hannatu Asheolge - Dec 08, 2023
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  • Surayyah Ahmad is returning to Nigeria to foster collaboration and build funding pipelines within the local tech ecosystem, particularly in northern Nigeria.
  • She launched Aduna Capital, a $20 million fund, to support early-stage tech founders in Africa, with a focus on the northern region.
  • The lack of access to funding and cohesion are major challenges in the northern tech ecosystem.
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The efforts of Surayyah Ahmad to foster collaboration and build funding pipelines in the northern tech ecosystem of Nigeria are commendable. The launch of Aduna Capital and the focus on supporting early-stage tech founders in the region will address the challenges of funding and cohesion. With the expected population growth and the support from Nigeria's new minister, there is great potential for a vibrant and successful tech ecosystem in northern Nigeria.
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