Osinbajo: 48 hours in Silicon Valley, Hollywood

For two days, American investors and chieftains from the technology and entertainment sectors of the US and indeed global economies took turns to listen and actively interact with Vice President Yemi Osinbajo, SAN, and the Nigerian delegation drawn from the public and private sectors.

They came in impressive numbers for two full days to listen and assess investment opportunities in Nigeria and also asked questions.

From the Silicon Valley for instance, well over twenty core American investors in technology spent over hours on Monday afternoon interacting with the Nigerian delegation led by the Vice President alongside others including Industry, Trade & Investment Minister Dr Okey Enelamah, on how to invest in Nigeria.

Top among the US investors were Tim Kendall, a US investor who worked with Facebook monetization and has led PINTEREST, headquartered in San Francisco and valued at about $12B. Pinterest is a “web and mobile application company that operates a software system designed to discover information on the World Wide Web, mainly using images and on a shorter scale, GIFs and videos. Pinterest has reached 200 million monthly active users as of September 2017.”

Others who attended the investment summit in Silicon Valley included representatives of StreetEdge Capital, a Bay Area, California multi-billion dollar family partnership with global footprints including holdings in the US, India and Africa.

There were also others including Chika Nwobi and Tom Terbell, partners from Rise Capital, “a private equity firm specializing in early venture and later stage investments. It seeks to invest in the internet enabled sector in emerging markets.” The multi-million dollar investment firm is also based in San Francisco, California.

 

(NAN)